ST PETER’S CHURCH, BURNHAM ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2025 – FINANCE SECTION
## **Financial Review**
2025 was again a mixed year, with improvements in our income in some areas, but there were declines in other areas.
There has again been a decline in overall Planned Giving this year (£35,405 vs £38,247). One factor is that sadly a few of our regular donors have passed away. Whilst the giving from the Planned Giving Scheme (PGS) has decreased this year, this primarily arises from a reduction in donors in 2024 and following the Stewardship service in September we have seen an increase in donors (39 vs 36) and therefore I expect the income in 2026 to be similar to 2025. I would reiterate that the PGS scheme is the best way of making regular contributions as the PGS Administrator also makes monthly Gift Aid claims which greatly aids our cashflow.
The income we have earned from Fundraising activities has decreased this year (£7,200 vs £10,736) driven by a decrease in the number of trips this year. The Social and Fundraising committee have lots of great ideas for this year and we thank them for all their hard work. This year also we saw a reduction in Cornerstone Hire income (£5,527 vs £7,947) This was anticipated due to decline in the numbers of groups using the hall, but we have picked up a new regular tenant towards the end of the year and hopefully there will be more in 2026.
The amounts paid over to external organisations increased this year as we paid the monies raised for Rennie Grove in 2024 and 2025 and also with the formation of Burnham Care & Share as an independent Charity the monies collected on their behalf were also paid over, please see page F8 for more details, and it is good that we as a Church can support these organisations.
Parish Share – The Parish Share remained consistent with 2024, despite the removal of the 10% vacancy discount. The Parish Share comprises two elements, there is the set contribution, which has remained unchanged from 2025 and then there is a reduction for the fees paid to the diocese, in respect of Weddings year’s results were improved by the receipt of a legacy for £15,000 in memory of John and Ellen Angell. This led to a current year surplus of £4,314 on the General Fund, which is a marked improvement on last year. We have charged expenditure that we can to the Endowment funds, where we are allowed, and even with the income we earn from these funds we are spending more than we earn. We are fortunate to have the reserves that the Endowments have provided.
A continuing area of concern are Utility costs, when our existing two year fixed and Funerals. There is a two year lag for this, so the fees we paid in 2023, when we were in Vacancy were reduced on the prior year and therefore for 2026 our Parish Share cost will increase to £67,000, which does represent a challenge for the coming year.
## This
price ended in September, we able to fix with new providers for a further two years, so are insulated against any price volatility in the current situation, but costs still remain much higher than they were in 2023.
## **Endowment Funds**
Endowment fund investments are all in CBF Church of England Funds managed by the Diocese. During the year we have seen a further increase in the income earned of £966 (£26,022 v £25,056). Like all investments the value of the underlying assets can rise and fall in line with market conditions and investment yields are not guaranteed.
Page F1
ST PETER'S CHURCH, BURNHAM
ANNUAL REPORT & ACC(KJNTS FOR THE YW ENDED 31" DECEMBER 2025- FINANCE SECMON
Designated Funds
Funds designated by the PCC in orderthat donations such as legacies orother non-general income
received are available for special purthases or unexpected events.
Reserves Pollcy
It should be the of every PCC to ty to mainlain a balan on unrestitted funds which equates to at
least three month's unrestricted payments. It would be held to smooth out fluctuations in cash flow and
to meet emergencies. Our endowTnent funds can only be SKEnt on speafic items but do give us a buffer
we can rely on for the time being.
C"hri.slc)i)hLJr Knighi
])('(' I reu.*iirer
Page F2
ST PETER'S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31" DECEM8ER 2025- FINANCE SECMON
Independent Examlnerfs Report to the membersttrustees of St Peterfs Church, Burnham, Parochial Church
Council
I report on the accounts for the year ended 31# Decembef 2024. which a set out on pages F4 to F8.
Respectlve responslbilltles of the Trustees and Independent Examiner
As tnjstees of the charity, the members of the PCC are reswnsible for the rKeparation of the accounts.
The charity's trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to..
examine th8 accounts under sects'on 145 of the 2011 Ad;
follow the procedures laid down in the General 01CtiOnS given by the Charity Commission section
145(5)(b} of the 2011 Act. and
stale whether particular matters have come to my attention.
Basls of Independent Examlnorf$ rlport
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kepl by the charity and a
comparison of the accounts pKesented wrth those records. It also includes consideration of any unusual
items or disclosures in the accounls and seeking explanations from Ihe management committee
concerning any such matters. The procedures undertaken do not provide all the evidence that would be
required in a full audit, and consequently I do not express an audit opinion on the accounts.
Independent examlner's statsm•nt
In connection with my examination, no matter has come to my attention..
which gives me asonable cause lo believe thal in any makrial respect the requirements..
lo keep accounting records in accordance wilh seclKJn 130 of the 2011 Act. or
lo prepare accounts, which accord with these accounting records have
not been met., or
2. to which, in my opinion, attention should be dra in (thr to enable a proper underslanding of the
accounts to be reached.
Tim Berg, FC
Bumham, Buckinghamshire
Date: 17th April 2026
Page F3
ST PETER’S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2025 – FINANCE SECTION
## **Financial Statements for the year ended 2025 Receipts and Payments Accounts**
|Note
**RECEIPTS**
**Voluntary Receipts**
Planned Giving
Collections at Services
All other giving/voluntary
receipts
5a
Gift Aid Tax Recovered
**Activities for Generating**
**Funds**
**5b**
**Investment Income**
**5c**
**Church activities**
**5d**
**Sub Total**
**Church Groups (own**
**bank account)**
**Total Receipts**
**PAYMENTS**
**Church activities:**
Parish Share
Clergy & Staffing Costs
Church Running Expenses
Fundraising Costs
Mission Giving &
Donations
**Church Groups (own**
**bank account)**
**Total Payments**
**Excess of receipts over**
**payments**
**Transfers between funds**
Cash at bank & in hand at
1st January
Cash at bank & in hand at
31 December
**4**
5e
5f
4|Unrestricted Funds
Restricted
General
Designated
Funds
£
£
£
Endowment
Funds
£
TOTAL
2025
£
TOTAL
2024
£
35,405
0
0
0
35,405
38,247
7,376
0
0
0
7,376
7,669
23,938
0
12,250
0
36,188
20,948
8,695
0
340
0
9,035
11,836|
|---|---|
||**75,414**
**0**
**12,590**
**0**
**88,004**
**78,700**
12,727
0
0
0
12,727
18,683
128
0
0
29,223
29,351
29,525
5,704
1,245
0
0
6,949
6,241|
||**93,973**
**1,245**
**12,590**
**29,223**
**137,032**
**133,150**
0
240
0
0
240
385|
||**93,973**
**1,485**
**12,590**
**29,223**
**137,272**
**133,535**
61,167
0
0
0
61,167
61,792
19,835
0
0
3,969
23,803
21,199
5,286
2,519
7,283
26,513
41,601
41,364
3,157
0
0
0
3,157
5,712
215
457
8,673
0
9,345
3,586|
||**89,660**
**2,976**
**15,956**
**30,482**
**139,074**
**133,653**
0
1,204|
||**89,660**
**2,976**
**15,956**
**30,482**
**139,074**
**134,857**
**4,314**
**(1,491)**
**(3,366)**
**(1,259)**
**(1,802)**
(1,322)
788
(788)
0
0|
||**5,102**
**(2,279)**
**(3,366)**
**(1,259)**
**(1,802)**
**(1,322)**
**(14,265)**
**6,984**
**6,962**
**78,041**
**77,721**
**79,043**
**(9,164)**
**4,705**
**3,596**
**76,782**
**75,919**
**77,721**|
Page F4
ST PETER’S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 – FINANCE SECTION
## **STATEMENT OF FINANCIAL ASSETS**
|Cash at bank and in hand at 31st December|**2025**|**2024**|
|---|---|---|
|Barclays Current Account 1|351|1,408|
|Barclays Current Account 2|350|424|
|Natwest Current Account|1,390|3,703|
|Natwest Business Reserve|2,635|297|
|CBF Deposit Fund|69,482|70,952|
|**Sub Total - bank accounts**|74,208|76,784|
|Cash in hand|0|0|
|Uncleared cheques|0|0|
|**Sub Total**|74,208|76,784|
|Church Groups (own bank account)|1,092|852|
|Other Monetary Assets|619|85|
|Other Monetary Liabilities||0|
|**TOTAL CASH AT BANK/IN HAND**|75,919|77,721|
## **INVESTMENT ASSETS**
|**INVESTMENT ASSETS**|||||
|---|---|---|---|---|
||Balance|Unrealised
Investment|Realised
Investment|Balance|
||B/fwd|Gains/(losses)|Gains/(losses)|C/fwd|
|**Endowment Funds**|£|£||£|
|Perpetual|||||
|The Churchyard Trust|1,816|162|(185)|1,793|
|J H Painter Bequest|657,556|7,533|(25,760)|639,329|
||659,372|7,695|(25,945)|641,122|
Page F5
## ST PETER’S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 – FINANCE SECTION
- 1 The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.
- 2 Burnham Church Estate Charity was established from the sale proceeds of the former infant school. As the managing trustees of the charity are the Churchwardens, the assets of the charity, which are investments in the CBF Investment Fund, are not reflected in these accounts. However, the income from these investments is mandated to the PCC and is included in these accounts. The income is to be used for the repair of the fabric of the parish church and other expenses.
- 3 Two endowment funds are held by the Diocese on behalf of St Peter's. The Churchyard Trust was established to provide income for the maintenance of the church and churchyard so long as two graves and two brass plaques are kept in good order. The J H Painter Bequest was established to provide income for the maintenance of the church and churchyard so long as certain graves are kept in good order and repair.
- 4 The movements in designated, endowment and restricted funds during the year were
||Balance||||Balance|
|---|---|---|---|---|---|
||b/f|Receipts|Payments|Transfers|c/f|
|**Designated Funds**||||||
|Little Angels|0|1,245|(457)|
(788)|0|
|Puppets for All at St
Peter’s|852|240|||1,092|
|Church and Grounds|5,882||(2,519)||3,363|
|Environmental Grants|250||||250|
|**Total Designated**
**Funds**|**6,984**|**1,485**|**(2,976)**|**(788)**|**4,705**|
|**Endowment Funds**||||||
|Burnham Church
Estate Charity|1,769|4,654|(4,655)||1,768|
|The Churchyard Trust|(14)|
58|(17)||27|
|J H Painter Bequest|66,711|21,310|(25,810)||62,211|
|CBF Deposit Fund|6,328|2,668|||8,996|
|LPWS - VAT Grants|3,247|533|||3,780|
||78,041|29,223|(30,482)|0|76,782|
|**Restricted Funds**||||||
|Outward Giving|6,625|3,713|(8,673)||1,665|
|Church Expenditure|337|8,877|(7,283)||1,931|
||6,962|12,590|(15,956)|0|3,596|
Page F6
## ST PETER’S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 – FINANCE SECTION
## 5 **Receipts & Payments Analysis**
|||Unrestricted Funds|Unrestricted Funds|Restricted|Endowment|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||General|Designated|funds|funds|2025|2024|
|**RECEIPTS**||||||||
|**All**|**other giving/voluntary**|£|£|£|£|£|£|
|5a|
**Receipts**|||||||
||Gift Aid Donations|1,938||1,368||3,306|323|
||Other Donations|22,000||7,301||29,301|16,651|
||Outward Giving|||3,581||3,581|3,974|
|||23,938|0|12,250|0|36,188|20,948|
|5b|**Activities for Generating**|**Funds**||||||
||Fundraising Activities|7,200||||7,200|10,736|
||Hire of Cornerstone|5,527||||5,527|7,947|
|||12,727|0|0|0|12,727|18,683|
|5c|**Investment Income**|||||||
||CBF Deposit Fund||||2,668|2,668|3,707|
||Other Interest|1||||1|20|
||Bank Interest|38||||38|47|
||Monkhouse Bequest|89||||89|86|
||Burnham Church Estate||||4,654|4,654|4,545|
||Churchyard Trust||||58|58|63|
||Painter Endowment Fund||||21,310|21,310|20,448|
||LPWGS||||533|533|609|
|||128|0|0|29,223|29,351|29,525|
|5d|
**Church activities**|||||||
||Little Angels||1,245|||1,245|1,292|
||Grants|250||||250|0|
||Parochial Church Fees|5,454||||5,454|4,949|
|||5,704|1,245|0|0|6,949|6,241|
|**PAYMENTS**||||||||
|5e|**Church Running Expenses**|||||||
|Annual Fees/Licences||1,774||||1,774|1,353|
|Church Repairs & Maintenance||
119|2,519|7,283|5,437|15,358|14,502|
|Deanery Share||||||0|0|
|Insurance|||||4,292|4,292|4,157|
|Office Costs||554|||2,301|2,855|2,532|
|Service Costs||139|||2,079|2,218|1,127|
|Telephone/Internet/Postage||1,126||||1,126|1,306|
|Utilities||875|||12,404|13,279|14,374|
|Other||699||||699|2,013|
|||5,286|2,519|7,283|26,513|41,601|41,364|
Page F7
ST PETER'S CHURCH, BURNHAM
ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 - FINANCE SECTION
Notes (continued)
Unrestricted Funds Restricted Endowment TOTAL
General Designated funds
funds
2025
TOTAL
2024
Mlsslon, Glvlng and Donatlons
Beautifvl Gate. Lesotho
Rennie Grove Cancer Care
BBOWT
Children's Society
Christain
Pastoral CarelParish MissK)n
Churches Tcgether
E¢0 Church
Embrace Middle East
Lltlle Angels
Unlock
Bumham Care & Share
Bishops Benevolent Fund
ccis
Centre Poinl
790
1.269
446
1,269
1,277
227
1,277
227
215
1,266
161
145
215
59
59
457
392
4,221
408
457
660
308
600
392
4,221
408
30
8,673
30
9,345
215
457
3,586
Approved by the Parochial Church Council IM 9th April, 2026, and signed on its behalf by:
Revd Josh Cleaver
(Vicar)
Mr Christopher Knight
{PCC Treasurer)
Page F8