St. Luke's Church, Grayshott
{The Parochial Church Council of the
Ecclesiastical Parish of Grayshott)
Report & Financial Statements
Year Ended: 3151 December 2025
Charity No: 1129168

Parochial C17urch of Sl Luke s. Graysholt
CONTENTS
Page
Annual Report 2025
3-12
Statement of Financial Activities (Summary)
Balance Sheet
14
Accounting Policies and notes to the Financial Statements
15-25
Independent Examiner's Report
26

Parochi81 Church of St Luke s, Grayshott
ort of the Parochial Church Council for the
ear ended 31 Decernber 2025
This yearwe continue to see fresh life coming to our church community. Some aspects of our
church life have grown, become more established and are thriving. Our engagement with the
village has been excellent, particularly through the Remembrance Day, Christmas celebrations,
our Youth work, and other village events in collaboration with the Parish council.
Our pattern of services have stayed consistenl. Attendance has slayed fairly slatic. although this is
partly because new people have come, but some of our elderly congregation have died.
St Luke's continues to provide significant public benefit by having a presence in the community, in
person through the Vicar's role, the provision ofweddings and funerals. and the baptism of infants,
all helping to build our relationship with individuals and families. The many hospitality events run
by members of the Church build cohesion. Our production and distribution of an excellent free
village wide parish magazine (Grayshotl Today) to most houses in the parish informs the whole
parish of events of all groups whether church related or nol. Support given to all ages from babies
and young families to those in their last stage of life. including those with demenlia, are signilicant
aspects of our work. All services are open to all and the Church building is open during the week
for private prayer in daylight hours, and Ihe Church Rooms are available for hire for community
events. private parties and receplions. We have continued lo help people to become Connected,
Comrnitted, and Confident in their failh and understanding. Lastly, members of the Church lead a
small leam supporting Village Square Events, through whom we support the community wilh
Christmas Carols in the square, and consider other opportunities to bring the local community
together.
CONNECTED
Worsliip and Services
Our Servi¢es cover a wide range of traditions. from Book of Common Prayer in traditional
language, and monastic Gregorian plain chanl. to more Gontemporary band-led music and a
more relaxed style, all helping individuals to connect to God. The services provide a
community and a context for personal growth. and thriving.
CoiiteThporary Worship- 10.30
Our contemporary worship service has grown over the last year, having great representation
from a diverse congregation.
Tradition21 worship 8.30am and 6.00pm
Sung Compline (Night Prayer- Gregorian Chant) in traditional language, sung by the Vicar
and congregation has proved lo be very popular with those who come. It is something we
want to promote as a context for good health. well-being through meditating on words and
music. We have a regular group attending our moming and evening services.
Christn)as
The Christmas services were very well received. with a great highlight being the Family
Candle Service. There was also a Nativity Service incorporating children who prepared a
Nativity drama al an after-schc)ol club held al Graysholt Primary School who came to Ihe
Service in the Church. This brought parents and siblings to church. and further fostered our

Parochial Church of St Luke's, Grayshott
relationship with the school. Our open-air Carols in the square was well received and well
attended.
WAFFFL"Worsliip and Family Felloivship at Four in St Liike s"
The WAFFFL Café style Service has continued to support some parents who find it hard to attend
Ihe 10.30 service, and through songs. a story, craft and eno)uraging conversation by providing
topical queslions. encourage family communication around the table.
Mental Health and Social activities
We contribute to the health of the village in a number of ways. Through links with the Local Health
Hub at Graysholt Surgery and the Social Prescriber we raise awareness of St Luke's activities.
The Church Rooms and Church building enable us to host community lunches, and other social
activities and clubs, giving signifi'cant public benefit by supporting parents and older people.
Weekly, young families are supporled through Ihe Babies and Toddlers Group., Oasis, a crafl and
conversation group, Manna a church-based Home Group offering opportunities for fellowship and
companionship. and 'The Base, youth club which supports our young people. Every month there is
also., Friendship Lunches, Coffee Mornings. Parish Breakfast. and Friendship Tea, are all run by
members of the church. In addition the church rooms act as a host for Community Lunch Club and
Local Women's group most of which are run by friends of members, supporting community
cohesion.
The Churchyard is always open to all. and the Church is open during the days, both offering a
quiet environment for reflection supporiing individuals, mental health. In addition. our services
provide a helpful community context for anyone to come and take stock of life. and grow in Iheir
understanding of Ihe Chrislian spirilual life.
Parish Council and local gi'oups
The churGh offi¢e works closely with the Parish Council and other groups. This allows collaboration
with events around public holidays and festivals. The village Remembrance Sunday ceremony at
the War Memorial followed by a service in church was very well attended. Evenls at Christmas
such as Switching on the Lights and Summer Fair benefit from Ihis connection.
Children, Young People and Families
Babies and Toddlers
Led by a team of three committed volunteers, the group has been extraordinarily successful, oflen
25 parents and carers with their children attend. Play and social interaction are at the heart of
healthy child development. and the group provides an excellent nelworking opportunity for parents
and carers to gain support from each other. This is supported by a social media account to keep
parents and carers informed of events. Live musical section with 20-30 minutes of live sung
nursery rhymes. The educational benefits to Ihe children are obvious and well-studied, and can be
seen in the growing confidence and socialisation of the children.
Youtli IVoFk
The work wilh children and youth has continued throughout the year through our Youth worker
under the oversight of an excellent Youlhwork SupeNisor. This person resigned in August lo
pursue a career in teaching. In September we employed a new part time 'Youlh and families

Parochial Church ol St Luke's, Grayshott
worker. who took over running the The Base Youth Club. It is a well-atlended term-lime weekly
event, providing a good Youth provision for the village. Our Youth and Families worker assisted by
voILJnteers provide a great contact point for our youth. The Base Youth Club has been funded by a
Supporting CommLFnity Funding Grant from East Hampshire District Council (which ended in
Seplember) and other donations.
Holiday Cliibs
Each Half Term our Youth Coordinator draws together a regular team of volunteers to deliver five
holiday workshops and a three day holiday Glub. These serve children aged 4-10, and are a great
vehicle for SUPPDrling young people who atlend from different SGhools, and a way of connecting
with the parents of the children.
Families
Our Key vehicle to connect with young families is on 3rd Sundays, our WAFFFL Service
listed above, and our new Youth and Families Worker is working on building a strategy to
provide a full programme of different activities to maintain our connection wilh children and
their families, as the children grow up.
GrayshDttSchool
Links with the Church School have been maintained over the last year. The vicar and other
church members are Foundalion Govemors at School, one of which is the Chair of
Governors. supporting the head and staff in delivering their statutory duties and Christian
Curriculum, under the SIAMS framework. One of our Licensed Lay Ministers leads weekly
assemblies and other'gathered worship. in the school, and two assemblies per term in the
Church building. The end of term services are also held at the Church, and there is a clear
priority to build the relationship between the Church and the School.
COMMITTED
Adniinistration
At the Annual Parochial Church Meeting in May. we appointed two new Church Wardens.
and the 2ssistanl Church Warden team continued lo help. Their responsibilities centre on the
maintenance of good order. both in the adminislration of the physical plant, and also lo
support the Vicar in the delivery of worship in the Church.
The PCC has worked together with the Church Wardens to support the Vicar and great
efforls havé been made to accomplish our goals. Our Treasurer has diligenlly kept us aware
of Ihe financial situation through regular reporting, running re-forecast reports throughout the
year, and other management reports, and our Stewardship {Givingl Volunteer. has kept us
aware of the trends of regular giving.
The church adminislrator works very hard in all aspects of communication and organising events,
and the regular responsibilities, and assisis families contacting us to arrange major life events
including weddings, baptisms and funerals.
Our Sunday Services are open to all, and welcome everyone who comes. Opportunities exist
for involvement in services through serving in various ways, as gervers, readers and

Parochial Church of St Luke's, Grayshott
welGomers. Encouraging a culture of inviling friends has meanl that we have new people in
the Gongregation. We have put on a welcome tea for people new to the Village, and Gonlinue
to reach out to the businesses and other aspects of Village lrfe. Our Facebook page and
Website are used to advertise our services and othei events to the public. People have an
opportunity to communicate with us through a web response page. The Church web site has
been updated in look, and we continue to work to keep it up to dale and relevant.
Cliristian Education
The ongoing role of preaching is to educate and inspire our congregation in asp8cls of their
Christian faith from the Bible. Our services wntinue to be streamed each week, and are
available for those who are unable to atlend Church.
Our involvement with Grayshott Primary School continues to grow Ihrough one of our
Licensed Lay Ministers, delivering 'Open the Book. assemblies. We are building the bridge
belween the school and attendance at our Sunday services, and the youth club, which
includes Grayshott School pupils. We also serve St Edmunds and Amesbury Schools by
hosting their Christmas Carol Services in the Church.
Home groups have continued this year, and are a pastoral and social support to their
members. The Sunday school has dropped in numbers lo nil, this is still an area requiring
attention as we try to build up our link with young families.
Ukraine Community Slipport
We continue to support a Ukrainian Pastor and our local refugees to hold two monthly church
Services in Ukrainian translated into English. We organise transport for those who need it,
and help with a lea supported by a local Tearoom.
Safeguarding
Our safeguarding leads work hard using the Online Dashboard resource provided by Guildford
diocese, lo manage all safeguarding to ensure thal vulnerable children and adults are safe. Our
relationship with the Diocesan Safeguarding teatn has been excellent, and we work very closely
with them.
CONFIDENT
Pastoral
The pastoral visiting and ministry to the Care homes by a group of volunteers continues.
One ofthe needs has been to support car&rs, and parents of children with special needs.
Our Friendship tea is most suited to this and picks up some of our bereaved family members
after we have helped with their funerals.
Care homes
Seasonal services have been provided to care homes, and sorne individuals wilh home
communions. We also provide a spiritual home for a number of Care home workers who
come to our services. Some of these are from diverse backgrounds.
Hoine Visits

Parochial Church of Sl Luke s, Grayshott
Those in particular need, both congregation members arld non-church goers, are visited and
supported as needed. this includes taking Holy Communion to those thal might normally miss
out taking it.
End ofLife Care
The Vicar has provided end of life ministry lo a number of people for whom this has been
very rnuch appreciated. This has been in conjunction with funeral ministry to parishioners.
Our collaboration with local undertakers is extremely good.
Prayer
We hold monthly prayer meetings for the World, OLJr local community, and for the Church,
and an Urgent Prayer circle operates through a special WhatsApp group.
Licensed Lay Ministers (LLM]
We have two LLM'S, both of whom fit ministry around their work. As stated above. one takes
a role that relates lo Ghildren, our Family seNices. and leading assemblies in Graysholt
Primary School. The other, as well as leading two Evensong services a month in St Luke's.
supports the incumbent in Milland Church leading traditional services al churches in their
benefice. Both are very committed lo the spiritual life of St Luke's church.
2026
The main tasks for 2026 are to continue to establish Sl Luke's as a thriving community of
faith al the heart of village life. We have three main practical objectives..
Fellowship - Building connection by providing a range of groups to which people Gan
belong. Providing worship seNices in a range of styles of a consistent quality so
anyone coming will know what Ihey can expect. Working to analyse any gaps in our
provision so thal we can point people to a pathway into church life.
Outreach, growing the confidence of individuals lo explain their faith to others, and
Ihe confidence to invite people to events and services. Provide a programme of
hospitality and entertainment events to bring people into our community, providing
social and spiritual opportunitios for people to engage and have their needs met.
Governance - Developing and reviewing all aspects of our systems and compliance.
A key task is the same as last year lo slabilise our finances.
We support the Diocesan priorities of Growing Disciples. Growing Diversity, Growing
Comrnunity. by prioritising prayer and hospitality in all we do.
These contlnue to be based on growing people who feel:
Connected- with the Church community through engaging and belonging to teams
performing various social. and spiritual activities, and home-groups. Plus connected
in prayer to God and scripture through increasing personal understanding of these
area.
Committed - to God and one anolher, in the work of sharing the Gospel with family,
friends and neighbours. giving regularly and serving Ihe church and its vision.
Confident- by building individuals up, confidence comes from self-esteem and
security. Security Gomes from feeling loved and accepted. Self-esteem is a key va5ue
in the Gospel. Christ came for all, and deemed every one of us worth giving his life
for. This value is fundamenlal in the ministry of St Luke's, and we are seeing people

Parochial Church of St Luke s, Graysholt
grow in faith, and the courage to step out. and do new things. 'God so loved the
world that he gave his only begotten son that whoever believes in him should nol
perish. bul have everlasting life..
The quality of lay leadership where it exists is very high, and a culture of opportunity and
enablement is encouraged. Through reporting back to the PCC each of the main teams
communicate their achievements and needs lo the centre. In general the provision is of
excellent quality. We have supported one person in the Diocesan Foundations in Ministry
Course, and they will complete this training in 2026.
Services . continue lo develop, and under the leadership of the vicar, Ihe theme of the
seNices is maturing as believers and preparing for the fulure. The Staff team is operating
well together with staff mèetings once a week. and Ihe Church Wardens working very closely
in the management of the day-to-day business of the church.
Events - The FundraisinglEvents committee has overseen an annual programme of
fundraising opportunities. including our Last Night of the Proms and other concerts and
entertainments.
In conclusion, we are looking fO￿ard to St Luke's conlinuing to grow through 2026, providing
excellent spiritual and practical support for bolh individual and corporate spiritual growth,
conlinuing to be very much part of the village plans for the coming year.
Structure
Clergy
Incumbent
Other Licenced clergy
Licenced Lay Ministers
overnance and mana
ement.
Reverend Jeremy Haswell
Reverend Elizabeth Knifton
Dr Chris Grow¢k. Mrs Susie Millard
PCC Membershlp
The PCC is a Charity. Members of the PCC are Trustees of the Charity and are normally
either ex-officio or elected at the Annual Parochial Church Meeling {APCM), or at a meeting
of tho Parochial Church Council (PCC) to fill a casual vacancy, in accordance with Church
Representation Rules. All Church attendees are encouraged to register on the Electoral
Roll and sland for election to the PCC.
As of DecerTTber 2025, Ihe PCG was made up of the Vicar. an associate minister, two
Churchwardens. one Deanery Synod representative. eight elected Laity members and a co-
opted Treasurer. There was a vacancy for a Deanery Synod representative, a Readers
represenlative and a lay member.
PCC Members who served during 2025 were..
Chairman
Rev Jeremy Haswell
Associate Minister
Rev Elizabeth Knifton
Lay Chairman
Mrs Sheila Austin (Resigned 8 May 2025)
Mr Jonathan Tippett (Appointed 8 May 2025)

Parochial C17urch of St Luke s, Graysholt
Church Wardens
Mrs Sheila Austin (Resigned 8 May 2025}
Ms Alice Murphy {Appointed 8 May 2025)
Mr Jonalhan Tippett (Appointed 8 May 2025)
Dr Edward Tobin (in attendance)
Mr Viv Ward (re co-opted 8 May 2025)
Not filled
Mr Clive Loder 2023
Secretary
Treasurer (Co-opted)
Reader Representative
Deanery Synod Representative
Lay Members '
Ms Alice Murphy {lerm ended 8 May 2025}
Mr Clive Purkiss (term ended 8 May 2025)
Mr Jeremy Hassell (lerm ended 8 May 2025)
Mrs Philippa Whitaker 2023
Mrs Hilary Loder 2023
Mrs Anne Gale-Jones 2023
Mrs Anna Lescure 2024
Ms Suzanne Wavre 2024
Mr Graeme Bowerbank (Resigned 24 March 2024)
Mrs Ros Balfour (elected 8 May 2025}
Mrs Annette Baker {elecled 8 May 20251
Mrs June Windle (elected 8 May 2025)
Standlng Committee
This Committee is elected by the PCC from ils membership. It prepares agendas for PCC
meetings and makes minor financial and rnanagement decisions in order lo free Ihe PCC for
other matters. Its members during 2025 were the Vicar, Churchwardens, A PCC member,
Treasurer and the Secretary (in altendance). The Commiuee met on 6 occasions and also
conducted some business by email.
PCC meetings
The PCC met 7 times in 2025.
Electoral Roll
The Electoral Roll stood at 108 in December 2025 {151 in December 2024)

P8rochi81 Church of St Luke's, Grayshott
Church Attendance 2025
The average or median Sunday attendance at the various serviGes held Ihroughout the y&ar
is seen below..
Median
2025
2024
2023
2022
2021°
2020.
Service
8.30 Holy Communion
9.00 Choral M8tins
including choir
10.30 servi￿ formal varies
(including children)
12.00 Holy Communion
6.00 Evensonglcompline
11.00 Thursday Holy
Communion
19
19
17
18
14
25
31
43
41
47
49
42
55
13
13
12
13
13
13
11
16
10
Average
2025
2024
2023
2022
2021.
2020.
Service
8.30 Holy Communlon
9.00 Choral Matins
including choir
10.30 Service format
varies (including children)
12.OQ Holy Communion
6.00 Evensonglcompline
11.00 Thursday Holy
Communion
19
19
18
19
13
29
31
46
51
55
43
48
15
16
14
15
15
17
13
16
The attendance at Special Services was as follows:
2025 2024
2023
2022
2020.
2020.
Easter Day Services
Harvest Festival Service
Remembrance SeNice
Advont Carol Service
Nine Lessons & Carols
Service
Chrislingle Service I
Candle Service
Christmas Eve Service
86
74
80
60
61
70
Christmas Day Services
115
119
122
87
53
50
The services during 2020 and 2021 were affected by government reslriclions lo prevent the spread
of Covid 19. When allowed, al least one Sunday service was performed in the church with reslricled
number5. During reslriclions, and subsequently, a YouTube se￿1￿ was shown each week as well
as a Z￿rn Sunday evening service.
Financial Review
117
39
90
33
164
52
185
46
158
38
206
23
129
82
133
46
78
20
23
140
120
76
70
187
220
258
258
io

Parochial Church of Sl Luke's. Grayshott
Accounts
The accoLJnls and supporting notes can be found on pages 13-25. The net surplus for the
year is £1,401 lo which is added a loss on the revaluation of inveslmenls of£2.805. This
results in a net decrease in funds of £ (1,404> for the year. After acGounting for all
movement during the year, Ihe total of all funds slands at £152,726.
Unrestricted income increased by £2.278. While regular giving remained at the same level, the
donatior)s reduced bul were compensated for by an increase in weddings and funerals and by
parishioners enjoying more fundraising events.
Unrestricted expenses increased by £3,522, similar to the increase in income. For some ye2rs we
have been struggling with finances and have spent only what is strictly necessary. We have still
paid our outward giving to charities of £11,912 and maintained a minimum level of slaff. The
Parish Share paid to the Eliocese for our Vicar and more repr8senls 740/9 of our unrestricted
income. This has resulted in a deficit of £ (11.909). We have used up our reserves and the
£36,776 remaining in unrestricted reserves are at the minimum level we should have as described
below.
For 2026 we have set a deficit budget of £(24.150) which we will need to belter in order to remain
afloat. This is not insumountable and there are various actions taking place to correct this.
Restricted and Designated funds have positive results providing a net surplus of£13.310. The
weathervane appeal has reached its initial largeted income and is currently being restored. the
m8gaxne has increased ils pages and made a surplus. The Base Youlh Club continues, even
though we have finished the three years of funding by EHDC.
The Vicarfs Discretionary fund started the year wilh £ 6.189. It received £ 1.811 in donations
and paid out £ 800 to those in need, leaving a remaining balance of £7,200.
PCC policy on reserves
The policy is to ensure as far as possible that those Funds other than the General Fund are
fully represented by cash on deposit and investments. This criterion is met, whilst the
General Fund is partly so represented. At the end of 2025, £30,862 (2024 £32.1491 ofthe
General Fund was invested and £5,00012024; £15.340) on deposit.
It is the policy of this church to hold in reserves the equivalent of three months general
running costs, including salaries, this amounts lo £35,226. As the unrestricled reserves are
£36,776 this requirement is mel. however as the forecasl for 2026 is a deficit we musl lake
steps to improve our finances.
It is also our policy to hold amounts in reserve for any future building work and the amount
set aside of £31.187 is considered appropriate. This policy will be reviewed in twelve
monlhs, time.
PCC policy on selection of investments
The Churchyard Investments are in trust. being invested in the CBF Church of England
Investment Fund, and are controlled by the Guildford Diocese. The policy on investing all
cash in excess of working capital was reviewed in February 2005. when il was deGided to
li

Parochial Church of Sl Luke s. Grayshott
transfer a large proportion of the cash which was in Ihe CBF Church of England Deposit
Fund into the CBF Investment Fund.
PCC policy on Outward Giving
The PCC have appointed an Outward Giving Group which makes recommendations for
distributing 100/ts of our unrestricted voluntary income to charities. For Ihe 2025 allocation
the group met to consider the giving. In November 2025 they made recommendations to Ihe
PCC which were accepted. The outcome is detailed on page 25 ofthe Accounts and Ihe
payments have been accrued.
Post Yearvend Events
There have been no posl-year events which would affeGt the accuracy of the Accounls.
Signed for and on behalf ofthe PCC
Reverend Jeremy Haswell (Chair)
Ms Alice Murphy (Church Warden)
St Luke's Church Office
Headley Road.
Graysholt
Hindhead
GU26 6LF
Date:
MAY 2D21•
12

Parochial Church of Sl Luk8 s. Graysholl
St Luke's Church, Gray5hott
statèment of Finan¢ial A¢tivitses
Forlhè ￿rIod 01 January 2025 to 31 D8Ctmb•i 2025
Unrestricted
Designated
Restricted
Endowment
funds
fvnd$
funds
funds
Total
fund$
Prior year
Total fund$
Incomlng resources
Incoming resouices fiom
gènerated funds
Vdunlary income
Activities lor
generating funds
Investment inwme
Incoming resourGes from
charitable acliviles
99,668
9,468
1.729
18.130
6,182
1.583
510
21,868
127.718
140.408
6,263
4.216
34,224
11.051
4.893
41,856
2.654
480
23.246
Total income
128,995
31,521
25.002
185,518
185,111
Resources used
Cosls vl generaling funds
Fundraising trading..
cost ol goods sold and
other costs
Charitable activiti95
Govemance cosls
Other r&50ufGes used
1,912
138
15
2,065
619
138.992
28.083
14.977
182.052
173,618
617
Total expenditure
Gains I losses on
Investment assets
140,904
28,221
14,992
184,117
12,8051
174,854
{1.286)
{896}
(623)
1,570
Nèt Income I
{expenditurel resources
before transfer
113,1951
3,300
9,114
1623
11.404)
11,827
Transfers
Gross Iranslers betwee
lunés in
Gloss Iranslors between
funds - out
Net rnovarnènt In funds
(13.195)
3.300
9.114
(6231
(1,4041
11,827
Reconclllallon of fvnds
Total funds brought
forward
49.971
38.965
49.587
15.607
154.130
142,303
Total funds carrled
forward
36,776
42,265
58,701
14,984
152,726
154,130
13

ParoGhial Church of St Luke's, Grayshott
Balance Sheet at 31 December 2025
At 31112125 £
At 31112124 £
Fixed Assets
Investment (notes 4 and 5)
67,368
67,368
70,174
70,174
Curronl assets
D8blors (note 6)
Bank Deposits
Cash at bank and in hand
6,643
65.208
34,257
106.108
8.850
60,921
44,001
113,772
Liabilities
Creditors: Amount falling duè in one year (nole 71
Nel ourrenl assets less current liabilities
20.750
85.358
29.816
83,956
Totsl assess less current liabilities
152,726
154,130
Total nel assets less liabilities
152,726
154.130
Fiepresented by:
Unrestricted
36,776
49.971
Designated
42,265
38,965
Restricted
58,701
49,587
Endowment
14,984
15,607
Funds of the church Inote 9)
152.726
154,130
These financial statements were approved and authorised for issue by the PCC
on 23 March 2026 and signed on their behalf by
Reverend Jeremy Haswell
Ms Alice Murphy
Dale
MA Y 2026
Y 201G
14

Parochial Ghurch Council of Sl Luke's, Grayshott
Notes to the Financial Statement- for the Year Ended 31st December 2025
1. Accounting Policies
The financial statements have been prepared in accordance with the Church Accounting
Regulations 2006, the Charities Act 2011 and Accounting and Reporting by Charities..
Stalernenl of Recommended Practice applicable to charities preparing their accounts in
accordan￿ with the Financial Reporiing Standard 102 with effect from 1 January 2016.
Funds
General Funds represent the funds of the PCC that are not subject to any restrictions
concerning their use and are available for application to the general purposes of the PCC.
These include funds designated for a particular purpose by the PCC. The purpose of any
particular fund is noted in the accounts.
The accounts include transactions. assets and liabilities for which the PCC is responsible in
law. They do not include the accounts of church groups that owe an affiliation to another
body nor those that are infomial gatherings of church members.
Incomlng Resources Voluntary Income and Capltal Sources
Collections are recognised when received by or on behalf of the PCC. Planned giving
receivable under Gift Aid is recognised only when received. Incorne tax recoverable on
covenanted or gift aid donations is recognised when the income is recognised. Grants and
legacies to the PCC are accounted for as soon as the PCC is notified of its legal
entillement, the amount due is quantifiable and ils ultimate reGeipt by the PCC is reasonably
certain, Income from fund raising activities is accounted for gross. Sales of books and
magazines are accounted for gross. Income from the hire of church p￿miseS is recognised
when the rental is due. Dividends are accounted for when due and payable. Interest
enlillements are accounted for as they are received. Realised gains or losses are
recognised when investments are sold. Unrealised gains or losses are accounted for on
revaluation of investments on 31 ' December.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if thal award
Creates a binding obligation on Ihe PCC. The Diocesan parish ghare is accounted for when
paid. Any parish share unpaid at 31, December is provided for as an operational (Ihough
not a legal) liability and is shown as a creditor in the BalanGe Sheel.
Fixed Assels
Consecrated and benefice property is not included in the accounts in a¢¢ordance with s.96
(21 la) of the Charilies Act 1993. Within the church grounds there are Church rooms,
valued for insurance purposes in excess of £500,000 which are not included in the
accounts.
Investments
Investments are shown at market value.
15

Parochial Church CounGiI of St Luke's. Grayshott
Fixtures, fittings and office equipment
Fixtures. fittings and equipment are written off when acquired.
Fircroft Trust
The Vicar and Churchwardens administer separately a Trust (Ihe Fircroft Trust"} set up in
1930 lo benefit Grayshott Church of England Primary School, Ihrough the profit on rental
received from the house -Fircroft" belonging to the Trust. In late 2005 the Trustees took
over the administration which previously had been adminislered by the Diocese. During the
year to 31st Decerrber 2024 the Trust contributed £11,925 to the SGh(101. £10,475 was for a
new artificial grass area replacing chippings where the old swimming pool was located and
the balance went to staff health training, Christmas and end of term meals. After Ihis
Gonlribution and the cosl for maintaining Ihe building the Trust showed a profit of £3,415
which will be Gairied forward for any projects that the school plans for 2025.
2. Pension Fund
st Luke's IGrayshott) PCC participated in the Pension Builder SGheme section of CWPF for
lay staff. CVVPF is administered by the Church of England Pensions Board, which holds the
CWPF assets separately from those of the Employer and the olher participating employers.
CWPF has two sections-.
1. The Defined Benefits Scheme
2. The Pension Builder Scheme. which has two subsections"
a. a deferred annuity section known as Pension Builder Classic. and.
b. a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Pension Builder Classic provides a pènsion, accumulated from contributions paid and
converled into a deferred annuity during employment based on terms sel and reviewed by
the Church of England Pensions Board from time to time. Discretionary increases may also
be added, depending on investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum which members
use to provide benefits at retirement. Pension contributions are recorded in an account for
each member. Discretionary bonuses may be added before relirement, depending on
investment returns and other factors. The account. plus any bonuses declared, is payable,
unreduced, from age 65.
There is no sub-division of assets between employers in each sedion of Ihe Pension
Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of
FRS 102. This is because it is not possible to attribute the Pension Builder Scheme's assets
and liabilities to specific employers and that contributions are arLounted for as if the
Scheme were a defined conlribution scheme. The pensions costs charged to the SOFA in
the year are contributions payable (2025: £ 790, 2024: £ 674).
16

Parochial Church Council of Sl Luke's. Grayshott
A valuation of the Pension Builder Scheme is carried oul On￿ every three years. The most
re￿rnI was carried out as al 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the
ongoing assumptions used. At the most recent annual review effective 1 January 2026, the
Board Ghose to grant a discretionary bonus of 1 OOA to both pensions nol yel in payment and
pensions in payment in respect of services prior to April 1997- and a bonus on pensions in
payment in respect of post April 1997 service so that the pension increase was also 100/
(where usually it would be calculated based on inflation up to an annual cap of 50/¢ for
pensions in payment in respect of service prior to April 2006 and 2.5 % for pensions in
paymenl in respect of service post April 2006). This followed improvements in the funding
position over 2025. There is no requirement for deficit payments al the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the
ongoing assumptions used. There is no requirement for deficit payrnenls at the current time.
The next valuation is due as at 31 December 2025.
The legal structure of the scheme is such that if another employer fails. Sl Luke's
(Graysholl) PCC could become responsible for paying a share of that employer's pension
St Luke's re-joined the scheme at 1 April 2024 has one active member.
17

Parochial Church Council of St Luke's. Grayshoti
Notes to thp Financlal Statement- for the Year Ended 31st Decemb•r 2025
3. Analy$lg of Income and Expenditure
For the year: 01 January 2025 to 31 Dec•mb8r 2025
Toial
Unrestvtcled
D6819n¥ted
Re$trl¢ted
Endowmetbt Th18 yoar
Last yeav
In¢omSnu iesources
In¢ominp r*sour¢es from gw>er*tédluftds
1103
Incm Tax Recov.
1104
Speual Collt¢:ions
1105
Churth Ccdleclvjns
1106
Sundry Donation5
1116
Churchyard Grants
1119
Gift-Ad$d Regular Giw
1120
Non-Gift-Aided Giving
1169
Flower Fund I￿orne
1173
Grants
1174
Legaues
1175
Youlh w￿kerFU￿￿
Fund RaI￿ng Incorne
1122
Llvldends
1123
Interest R8cdYed
Ineomln9rÈsoiirces from gene¥otod
funds fotals
16.180
2.338
17.485
1.616
759
1.715
18.654
2.418
17.485
10.787
20.275
1,444
14.098
27.363
5.343
3.828
49.414
10.635
5,705
55.119
10,635
295
9,250
2,000
1,075
58.486
9.187
270
6.705
1.000
1.580
6.263
1.939
1.075
893
l.(Y)1
1,984
2,909
143,662
510
8275
110.865
24.5T2
150,887
IncomlnyKè$our¢es Irom charllable
Fe88 Pafish
Sumrner Holid3y Club
MawzineAdverts
10.487
956
11.443
480
22.290
7.607
6.555
1.074
19,970
6,625
7.607
CMJtreaGh. Evangelism.
IncoffllrJ&tr•$oyrces from ¢haritabl•
a¢lfvltl6s TDtats
18.130
23.246
41.856
34,224
Other Incon?in9 résour¢es
1179
Olhwincorne I r8ceplS
Othor In¢wlng resour¢&s Totals
Incoming r88aurces Grand Total$
J28.99S
31.521
25.002
185518
18

Parochial Ghurch Council of St Luke s, Grayshort
Analysis of incorne and expenditure
For the year: 01 January 2025 to 31 December 2025
Total
Unrestricted
Deslgnated
Restrlct¢d
Endowmont
Th1$
year
Last
year
R8sour¢•s usèd
Costs of generatlng funds
1362 Social Events Expons6s
1363 Fundr8isirq Exp8nses
Costs of generatlng fund$
16
1,896
1.912
16
2,049
2,065
138
138
15
15
619
619
Ch4rllabl¢ actlvlNos
1302
Ministry Expenses
Organists & Choir
Diiecl
Upkeep of SeNces
Training
Magazine Expenditure
Salaries
Halv RoDrns Utllity
Expenses
1310
Church Running Costs
1311
Church Maintenance
1312
Church Insurance
1313 H8IIIRooms Insurance
1314
Parish Share
HalllRoom Non-utilty
Expenses
1316
Churchyard Expenses
1317
Musie GTOJP
1318 Office Running Co$1$
1320
Y¢xJlh Group Acbvff.ies
1321
Junlor Church
1322 Photocopier Costs
1326
Sundry Expènsas
1321
Miscellaneous Grants
1328
Hdiday Club
1329
Visiting Clergy
Outreach, Evangelism,
Mtssion
Mission A98ncies
Church Societies
Charit*s
Special Colknlions
Other Outward GivirKJ
Transf8r of costs
beiween funds
Bank Charges
Other Klanagement
Costs
1365
Pension Paymenis
1366
Youth Worker Expenses
1367
Young farnilies expenses
Charltable aclivitie5 folals
2,038
2.038
2,771
1303
1,108
1304
1305
1306
1307
540
163
360
1.183
360
20,917
17,351
1.040
360
18,993
15,880
20,917
9,954
7.397
1309
3,810
3,810
3,833
6,060
7,988
3,230
1,384
95.259
6.494
1,381
3.121
1.338
95.852
1.302
3,230
1,384
95.259
1315
576
623
1.199
448
1.038
1.038
1,026
1.238
1.238
1.219
1.108
219
219
243
800
185
1.350
185
30
1330
1.207
1,207
1331
1332
1333
1334
1335
1,228
2.800
1,228
2,800
2,500
1.670
1.228
3,800
3.300
497
4,3g4
1,670
5.384
1344
11.5281
618
1.528
1351
618
511
1352
227
227
139
548
242
790
674
498
182,052
501
173.618
138.992
28.083
14.977
Otherresources used
1339 Equipment Replacemenl
Otherresources used Totals
817
617
R•souf¢es used Grand lotals
140.W4
28.221
14.992
184.117
174.854
19

Parochial Church Council of St Luke's, Grayshott
4. & 5. Fixed Assets & Investments
Fixed Assets comprise investments held in two virtually urnbreakable trusts reslricled solely for the
upkeep of the Churchyard. They consist of shares held within the Central Board of Finance Church
ol England {CBF) Investment Fund In 2005 the PCC invested £28.0￿ of cash in Other Funds, also
into the CBF Investment Fund. Earfy in 2008 a further £1.500 was invested. Subsequently shares
hav8 been allocated to differenl funds depending on their balances.
Number
of shares
Value
Market Value
2025
2024
Movement
Ralph Grave
Guild of God's Acre
Sublolal Fixed Assets
242
433
675
22.20
22.20
5.372
5.596
1224}
400
624
General
Buildings
Subtotal Investments
1.390
970
22.20
22.20
30,862
32,148
11,2851
896
Tolal
20

Parochial Church Council of St Luke s, Grayshott
Notes to the Financial Statement - for the Year Ended 31st December 2025
Debtors & Prepayments
2025
2024
Income Tax Recoverable
Prepaid Insurance Premiums
Interest due received 3.1.24
Magazine costs prepaid
4.701
1.942
5,589
1,862
1,399
Total
Creditor5 & AGGruals
2025
2024
Ga5, Eleclricity and water
Salary. Tax, Nl & Pension
Insurance owed by instalment
Parish Share
Magazine advert Income for 2025
Photocopier ￿$1$
Income received for Bridge game
Outward giving
PK Nurseries
Organist fees & tuning
Agencies - posl box
East Hants DC grant for 2025
Pensions deducled
Other Creditors
2,250
453
1,956
11.629
979
459
1,875
5.963
11,630
79
180
800
82
2.800
385
126
952
378
3.535
3.749
143
46
87
30
Total
21

Parochial Church Council of St Luke's. Grayshoir
Notes lo the Financlal Statement- for the Year Ended 31st December 2025
8. Assets Analysis
Debtors
Creditor
Fund
Deposits
Investments
8anklCash
Total
Unrestricted Funds
General fund
Deslgnated Funds
Bells
Magazine
Weathervane Appe81
BLJildings Fund
Equipment Replacement
Fund
Legacy Fund
Organ Fund
Vicar's Dis¢relionary Fund
Youth Woiker Fund
2.870
2,870
3,551
6,854
22,646
3.551
6.604
250
9.665
12.981
1.489
1,489
4,668
187
187
250 42 265
Restri¢ted Funds
Babies & Toddlers
Buildings Fund
Churchyard Funds
Flower Fund
Legacy Fund
Ministry Support Fund
New Projects Fund
Organ Fun(i
Village 2 Church
Vicar's Discretionary Fund
Youth Worker Fund
Youth Worker Fund Village
572
572
8,541
132
865
8.541
132
865
5,551
8,286
1.015
4.307
7.125
14.367
5,551
8,257
1.015
128
4,435
75
7,200
118
23,554
1439) 11.421)
147
129)
9,069
{982}
Endowment Funds
Churchyard Funds
Totals
152 726
22

Parochial Church Council of St Luke's. Grayshott
Notes to the Financial Statement- for the Year Ended 31st December 2025
Fund movement by type
01 January 2025 to 31 December2025
Outg¢ing
Transfers
Gains
Resources
and
Losses
Fund and type
Fund balances
brought
forward
In¢¢ming
Resourc•s
Fund
balances
¢arried
fO￿ard
Unrestrl¢ted
General- General
fund
Sub-totals
Designated
Ball
Magazine
Weathervane
Appeal
Buildings- Buildings
Fund
Equipment
Replacement
Legacy- Legacy
Fund
Organ - Organ Fund
Vicals Discretionary
Fund
Sub-totals
Reslrlclod
Babies & Toddlers
Buildings- Buildings
Fund
Yard - Churchyard
Funds
Flower- Flower
Fund
L8ga¢y FLJnd
Minislry Supw)rt
Fund
New Project Fund
Organ - Organ Fund
V2C - Village 2
Church
Vicals Discretionary
Fund
YWF- Youth
Worker Fund
YWFV- Youth
Worker Fund VilLgge
Sub.lotals
Éndowmenl
Yard - Churchyard
Funds
Sub-totals
49,971
128.995
140.904
{1,2861
36.176
49.971
128.995
140.904
(1,2861
36,776
2.334
2.178
5.689
1.016
22.290
7.989
2,870
3,551
6,854
20.917
6.824
22,646
22,646
1.467
22
1,489
4.464
187
204
4,668
187
38,965
31,521
28.221
42,265
501
8.508
569
929
498
572
8,541
18961
20
356
132
733
295
163
865
5.697
214
360
5.551
7,015
1,015
4,389
2.083
8.257
1.015
4.435
2.654
2.608
6,189
1.811
7,200
15.759
7.809
14
23,554
1239)
8.170
9,352
11.421)
49.587
25.002
14.992
18961
58,701
15.607
16231
14,984
15.607
16231
14,984
Totals
154.130
185.518
184,117
12.8051
152,726
23

Parochial Church Council of St Luke s. Grayshott
9. Icont.)
Fund Movement Summary Notes
Babes & Toddlers Fund- Sel up in 2022 to supporl a weekly meeting of babes and toddlers and
their supporting adult.
Bullding Fund Set up in 2005 to combine Quinquennial and other related and redundant funds.
Churchyard Fund - Restricted fund set up in 1928_ Consists of inveslmenls in two Trusts
(see Endowmentsl, the Income being used lo maintain the churchyard. Also benefits annually from
reslricled grants from the Commonwealth War Graves Comrnission.
Equipment Fund- Set up in 2003 to provide for replacement of fixtures, fittings and equipment.
Flower Fund - Restricted fund, sel up in 2002 to receive resliicted flower funds.
General Fund - The main designated fund for day-to-day income and expenditure.
Legacy Fund- Sel up in 2013 to hold legacy money until the PCC approves their use.
Ministry Fund - Restricted fund, set up in 2001 to receive a £10,000 reslricled donation for
supporting those in training for the Ministry. 11 was used for the first time in 2013 and then in
subsequent years.
New Projgcls - Set up in 2014 to hold funds for potential new projects. Currently used to record
Funds donated for 8 Choirmaster lorganist. together with young families, breakfasts.
Organ Fund . Set up in 2008 for donations to pay for the major organ repair5.
Vicar's Discretionary Fund - Designated fund, set up in 1999 to enable the Vicar to make
confidential grants and donations to any person 01 cause he sees fit.
Village 2 Church- Set up in 2014 for donations from the V2C Appeal for maintenance of the
church building.
Youth Worker Fund- Set up in 2012 to fund Sl. Luke's contribution to the Youth Worker.
Youth Worker - Village Fund - Set up in 2012 for contributions to the village component of the
Youth Worker.
Bells Fund - set up in 2018 to hold funds specifically to be used on the church bells.
Vicar's Dlscretionary Fund - sel up in 2020 to support those in need within the parish who are
suff8ring financi811y.
Magazine Fund-This fund keeps Grayshott Today income & expenditure separate.
Weathervane appeal - A fund launched in late 2024 to raise funds for the weathervane work.
24

Parochial Church Council of Sl Luke's. Graysholt
Notes to the Financial Statement - for the Year Ended 31sl December 2025
10. Grants
li) Mission Agencies, Church Socielies. Charities. etc.
2025 £
2024 £
Ibadan Handicapped School. Nigeria
Testimony Faith Homes
World Vision
Yei Teacher & Nurse College, S Sudan
The Great Commission, Dolphin School,
Kenya
Elam Ministries
Dohnavur Fellowship, India
St Martin in the Fields Appeal
2.800
2,500
228
2,384
1,000
2.800
2.500
228
2,394
1,000
1.000
2.000
1,000
2,000
800
Special Colle¢lions
2025 £
2024 £
Alzheimer's Research
RNLI
Children's Society
Royal British Legion
PK Nursery
SSAFA The Armed Forces Charity
Other
264
350
14
219
309
385
597
30
497
Total
'Some Special Collections donations are paid directly into beneficiary account. so not
included in totals for St. Luke's accounts.
25

P8roohi81 Church Council of Sl Luke's. Grayshott
Independent Examiner's Report to the PCC of St Luke's, Grayshott
I report to the Trustees and members of the PCC of St Luke's, Grayshott on my examination
of the accounts for the year ended 31 December 2025, which are set out on pages 13 to 25.
My examination was carried out in accordance with the Church Accounting Regulations
20061 the Regulations") and the Charities Acl 2011 {-the Act.).
Respectlve responsibilitles of trustees and examiner
The charity's trustees are responsible for the preparation ofthe accounts in accordance with
the requirernents of the Act.
The charity's Irustees consider that an audit is not required for this year under section 144
of the Charilies Act and that independent examinalion is needed.
It is rny responsibility lo..
Examine the accounts under section 145 of the Charities Act,
To follow all the applicable Diredions given by the Charity Commission under section
145(51(b) of the Act. and-
To state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with Ihe general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by
the Gharily and a comparison of the acwunts presented wth Ihose records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations
from the trustees concerning any such malters. The procedures undertaken do not provide
all Ihe evidence that would be required in an audit, and consequently no opinion is given as
to whether the accounls present a true and fairf view and the report is limited lo those
mallers set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which
gives me cause to believe that in. any material respecl-
The accounting records were nol kept in accordance with section 130 of the
Charities Act; or
The accounts did not accord with the accounting records., or
The accounts did not comply with the applicable requirements conceming the form
and content of accounts sel out in the Charities (Accounts and Reports) Regulations
2008 other than any requirement that the accounts give a 'true and fair- view which
is not a matter considered as part of an independent exarnination.
I have no Goncerns and have come across no other matters in connection wilh the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts lo be reached.
Signature.. 6th
Date..
Mrs Clare David
Clare*avid12@gmail.com
26