THE PAROCHIAL CHURCH COUNCIL FOR THE ECCLESIASTICAL
PARISH OF WARFIELD
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Contents
Pa
Legal and adminislralive infomialion
Council Membership
Trustees, Annual Report
Aims and Purposes
Objectives and Acb'vib'es
Achievements and Perfomiance
Review of Financial Activities and Affairs
10
Slruclure, Governance and Management
Slalement of Responsibilities of PCC Members
12
Independent Examiner's report
13
Statement of Financial Activities
14
Balance Sheet
15
Notes lo the Accounts
16

Legal and Administrative Information
Registered Charity number
1129301
Registered name
The Parochial Church Council of the Ecclesiastical
Parish of Warfield
Prlnclpal address
Church Lane
Warfield
Bracknell
RG42 6EE
Independent Examiner
Kim Swain MA Ioxonl FCA
Radford & Sergeant Limited
Building 3, Walchmoor Park
Camberley
Surrey GU15 3YL
Bankers
HSBC
9 High Street
Bracknell
RG12 1DN

Council Membership
Members oflhe PCC (Trusleesl are eilherex officio or elected by the Annual Parochial Church Meeting
in accordance with the Church Representation Rules. The following served as members of the PCC
during 2023..
Vicar..
Rev Calharine Mabuza
Associate Ministers..
Rev David Brown
Rev Michelle Porter-Babbage
Curate..
Rev David Chislett
Churchwardens..
Andy Colpus
Sharon Wignall lunlil 25.4.231
PCC 202213
Licènsed Lay Ministers on PCC..
None
PCC 202314
Licensed Lay Ministèrs on PCC..
None
Diocesan Synod members
Amanda Palelhorpe
Diocesan Synod members
Amanda Palelhorpe
Deanery Synod members..
Paul Alen
Juliet Date
Deanery Synod members..
Paul Allen
Juliet Dale
Beth Gomm (from 25 4.231
Lili Mirza (from 25 4.231
Nigel Pengelly (from 25.4.23 until 20.8.231
Jon Walls Ifrom 25.4.231
Elected members.
Penny Brinkley-Brown
Catriona Cappleman
Mel Cross (until 25.4.231
Chris Drage
Alex Fry
Ashley Hill
Michelle Howell
Will Lindsay lunlil 25.4.231
Geoff Minchell lunlil 25.4.231
David Ritchie
Mary Shields lunlil 25.4.231
Kale Tyson
Elected members..
Gaynor Boullon (from 25.4.23)
Penny Brinkley-Brown
Calriona Cappleman lunlil 25.11.231
Chris Dragè
Alex Fry
Ashley Hill
Abi Howe (from 25.4.231
Michelle Howell (until 20.6.231
Kevin Pearcey (from 25.4.231
Gary Rivinglon lfrom 25.4.231
David Ritchie
Kale Tyson
Co-opted members..
None
Co-opted members..
None
PCC Secretary..
Anne Harling luntil 18.7.231
Helen Francis (from 18.7.23 until 25.11.231
Electoral Roll Officer,.
Sarah Colpus
Treasurer..
Calriona Cappleman lunlil 25.4.231
Chris Drage lfrom 25.4.231

Warfield PCC Trustees Annual Report for the year 2023
Aims and Purposes
Warfield Church aims
to share the love of Jesus with the world,
by
connecting people to Jesus and each another
equipping people for their God-given calling. and
releasing people into God's mission in the world.
Our values are." Adventurous
Generous
Accountable
Collaborative
Warfield Church dales its origins back lo 1016 AD, and sils within the Church of England. with an
open evangelical and charismatic Iradilion.
The church began when Queen Emma granted permission for a chapel lo be built on the sile of the
present Sl Michael thè Archangel Parish Church. It is likely lo have been built lo proclaim God's
victory over paganism and lo proclaim the name of Jesus.
The PCC has the responsibility, as slated in the Parochial Church Councils (Powers) Mèasurè 1956,
of co-operating with the minister in promoting lo as many people as possible in the ecclesiastical
parish. the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Objectives and Activities
Strategic Objectives
In 2013 the Warfield Strategic Plan was endorsed by the Parochial Church Council. The four
51ralegic priorities of that plan remain. although the oulworking of them now looks very different.
1. Location. The primary area of ministry is within Warfield, and in the Bu11brook area by permission of
the Bracknell Parish and Bracknell Deanery.
2. Reaching Everyone. To reach people Imake disciples) of every age, ability and life stage, noting
that il is important lo relain these people as they undergo the major transitions betrNeen these ages
and stages.
3. Planting Congregations & Community Engagement.. For some years, our practice has been to
grow the church through planting congregations and engaging with local comrnunilies. Thirty years
ago, Warfield was a village with a population of 2,000 and a medieval parish church. As a huge
number of new houses were constructed, our goal has been lo build community and church by
planting congregab'ons into these growing areas.
4. 8eyond Warfield." Warfield Church also has a role lo play working with other churches within the
deanery and beyond.

Activities
The activities al Warfield Church can be described as 'church-wide' and local lo congregations and
aim to implement our strategic objectives by providing activities for members and non-members, of all
ages and abilities, engaging with the community and supporting churches beyond our parish
boundaries, in this country and across the world. The Iruslees confirm that they have had regard lo the
guidance issued by the Charity Commission on public benefit.
1 Church-wide..
a. Occasional Offices - There were 4 weddings during the course of the year, and 22
baplisms110 babies, 11 childfftn and 1 adulll. There were 7 funerals in church and our clergy
took 7 funerals al the crem. There were 3 burials of ashes in the graveyard.
b. Mid-week Communion Services- There was a communion service every Wednesday al
St Andrew's until Easter. From Easter th1s reduced lo once a month on the first Wednesday of
the month.
The monthly service at the Warfield Park Community Centre on the second Tuesday of each
month continued, with good allendance- in July. Il was the highest allendance ever as those
gathered said farewell lo Chris and Richard Page who had begun the work on Warfield Park.
c. 'Together' Servieès- In May all congregations mel for a celebration, in the ground5 of
Warfield Primary School. In October, 'Celebralion Sunday, (ahead of Vision Sunday in
congregalionsl was held in Sl Michael's Church, with all congregations together lo celebrate
the year past and look forward lo 2024.
In addition, on Sundays in the summer, and on the Sunday after Christmas, there were
'SummerlWinler Gatherings,. when congregations mel together for pragmatic reasons, given
that many people were away.
d. Alpha - an opportunity lo explore the Christian faith in an open and friendly environment.
An Alpha course was held in the Parish Rooms during the Summer Term.
e. Courses - in addition lo the Alpha Course, we also ran The Bible Course, THE Prayer
Course, the Unanswered Prayer Course, and the Romans Course, all alongside C3.
f. Bereavement Work - During the autumn term, we also ran the Bereavernenl Journey
course, and the Bereavement Carol Service was well attended, and appreciated by many.
e. Youth & Chlldren's Work Warfield Ghurch has lols of opportunities Iof young people and
children, many of which are outreach lo non-church families..
i Little Slarz is a toddler group for under 5's and their carers which meets in St
Michael's on Monday mornings and in St Andrew's on Thursday mornings. Activities
include play, craft, songs, prayer and a bible story. Average lolal attendance across
both sessions was 52 adults and 83 chilclren during 2023.
ii. All Slao is the Friday night Kids. Club with activities and the Christian message for
primary school aged children. An average of 58 children and 9 junior leaders attended
through 2023.
iii. Prima
Sehools visits- The number of primary schools with which we work reduced
from 6 10 S during 2023, as sadly Maedowbrook School closed during the year. Our
Children, Youth and Familie8, Pastor did assemblies and lessons in schools, and
groups visited both buildings.
We also enjoy the use of the buildings at Vvhilegrove Primary and Warfield Primary
each Sunday morning.
iv. Relen
ss is for young people of secondary school age and meets each Friday
evening in term lime. Relentless has a mixture of games and fun activities and
finishes with a Christian message. Average attendance was 28 across the year.
vi. Youth Life Grou
s- Until the Summer there were two youth Life Groups and one
from September onwards.

vii Seconda
Schools and Colle e-
The Youth Pastor had increased contact with Bracknell and Wokingham College.
including a joint deanery initiative to allend Freshers Fair. We continue lo support the
role of School Chaplain at Ranelagh and Sandhursl schools.
f. Autumn Club is a group for older people with a number of events through the year.
g. Cameo is a group that provides worship and leaching specifically lo meet the needs of
adults with learning disabilities and is jointly supported by Warfield Church and
Easlhampslead Baptist Church
h. CBS - Warfield Church h051s weekly CBS groups for slruclured Bible Study
Iwww communitybiblestudy.orgl
Share- Warfield Church hosts Share Bracknell in St Andrew's each Friday. Volunteers
collect short-daled food on Thursday evenings, and this is redistributed on Friday afternoons
lo those in need or anyone who would like lo collect. The work has gone from strength lo
strength during 2023 with around 80 households attending each week and about 40
volunteers, about 600k of whom are from Warfield Church.
j. Communitea and C3 - There are two weekly coffee mornings - Community in Bullbrook
Community centre on Tuesdays, and C3 in the Brownlow Hall on Thursdays. Both are well
attended.
k Support to Bracknell Deanery and Oxford Diocese- Members ofwarfield Church have
served on the Deanery Standing and Pastoral committee and on Diocesan Synod. Calharine
Mabuza and David Brown continued in their roles as Co-Area Deans for the Bracknell
Deanery
l. Bracknell Christian Network - Leaders trom Warfield Church allend an online weekly
prayer meeting for leaders ol churches and Christian organisalions in Br2cknell. Through this
they are able lo share information and work in partnership with other local Churches.
Support to the world-wide church - Warfield Church has a strong emphasis on
developing partnerships with overseas mission partnerg. whom we uphold through prayer.
financial giving and visits. This enables us not only to support the work directly, but also
fosters a culture of generous con￿￿ for other parts of Christ's body. We have benefited from
the use of technology lo enable Mission Partners lo preach al Warfield from thousands of
miles away.
2. Local to Congregations..
Warfield Church meets in four locations on Sundays..
Sl Andrew's, PrIes￿00d
Sl Michael the Archangel, Warfield
iii. INhilegrove School
iv. Warfield C E Primary School - Woodhurst site
The laller three Congregations each have their own leadership team and budget. These congregations
engage with their Ioc81 communits'es in different ways and support members through pastoral care and
Life Groups Further detail of some of the events during 2023 can be found below.
There are two church buildings in the parish, St Michael the Archangel and Sl Andrew's. The Sl
Michael's sile also includes the Parish Rooms, which contain a large meeting hall, kitchen, toilets and
the church oftice. The church also owns a house in Warfi'eld, currently rented to a private lenanl.

Achievements and Performance
2023 Overview
Compared lo recent years, and the years lo come. 2023 was a fairly stable year al Warfield Church,
though big changes were announced towards the end of the year. Congregation5 continued lo
discover their identity and lo work on their vision for mission in their localities. Sunday allendance
increased slightly through the ye2r, most notably al Sl And￿w'S.
Al Sl Andrew's, the Sunday congregation began lo meet On￿ a month for an extended lime of prayer
after the morning service, praying for the local community and the mission of the church in the area. A
sub-commillee of the PCC also bècame more aetive and made excellent progress with plans lo
redevelop the building and make it more fil for purpose. Andy Colpus, Churchwarden. led this work.
and by the end of the year there were Some ini1121 architect's drawings to consider for a
redevelopment.
Children's and Youth work has also continued lo grow again after the pandemic, assisted by the
apptsinlmenl ol a new Youth Pastor, Chris Osinaike, who started work al the beginning of the year. In
April we celebrated with him when he married Daisy Ridell. Youth Pastor al Binfield Church. There has
been increased partnership bebfveen the churches in youth workl
Special events during the year included Rev Calharine Mabuza becoming an Honorary Canon of
Christ Church Cathedral. 8nd celebrations of the King's coronation, including the planting of another
tree in the grounds ol Sl Michael's, and a celebration on the Green opposite Whilegrove School. In
July a large group once again allended the New Wine Summer conference, this lime in Kent.
Also of note were the two evenings held enlilled 'Lel's Talk Menopause,, to which over 130 people
came in total. The evenings were led by Rosie Crowhurst, a practice nurse and member of Warfield
Church West, and were hugely appreciated by church members and friends alike.
From July onwards, a group from Warfield Church North mel under the heading 'Care for Creation,.
Amongst other things they registered for the A Rocha Eco Church Award scheme, and by De￿mber
were awarded the Bronze award.
In October we had a sucTrssful sequence of Celebration Sunday, Vision Sunday. and Giving Sunday.
The last of these included a clear presentation of the fInan￿S and the forecast end of year deficit, and
a Clear request lo church members lo pray for God's provision and lo prayerfully consider their giving.
The results ol this were hugely encouraging, and significantly improved the yèar end figures.
Throughout the year there had been a number of conversations across the church (including a joint
meeting of PCC and Leadership Teams in Janu8ry1 on the subject of Living in Love and Faith and
issues of human sexuality. Al the end of the year, plans for a series of churchwide meetings in early
2024 were announced These local conversations were part of the national picture in relation lo the
proposals brought before General Synod in February, July and November.
11 was this last meeting of the General Synod, and the decision lo aulhorise the Prayers of Love and
Faith which led, very sadly, lo the resignation of David Ritchie, Associate Minister since 2013. David
did not feel able lo slay within the Church of Eng5and. and so resigned as a Licensed Lay Worker and
left ordination training.
The week before David's resignation was announced, il had also been announced that Rev Michelle
Porter-Babbage would be leaving Warfield Church lo become Pioneer Oversight Minister in the
Godrevy Benefice in the Diocese of Truro and that Rev Canon Calharine Mabuza had been appointed
as Archdeacon of Surrey in the Diocese of Guildford. In December we also said farewell lo Dave and
Catriona Cappleman, as they moved away from Bracknell. They had been members of the church for
39 and 36 years respectively, serving in many capacities including those of Licensed Lay Minister
(Dave) and Treasurer Icalrional. We 8re tremendously grateful lo them and for them
All of this meant that by the lime 2023 drew lo a close there were major changes on the horizon for
Warfield Church. Because of the impact ol the departure of David Ritchie and others, Worship@7
happened for the last time in December.

However this did not slop some excellent Christmas celebrations, with attendance up across the board
lo be the highest since before the pandemic. Christmaslastic al Woodhursl and Carols by Candlelight
at St Michael's both attracted very good numbers, and al Whitegrove there was 8 Crib Service on
Christmas Eve for the first lime, as well as Carols on the Green the previous week
For all of this and more. we are truly thankful lo God, and also lo the many people who give so
generously of their time and money and make all of this happen. Warfield Church is truly blessed by
the commitment of many people.
staff Vacancies, Appointments and Recruitment
Chris Osinaike joined the staff team from 3rd January 2023
Morgan Pearcey had been a Ministry Assistant for a 'gap year, which finished in July 2023. From
September he continued on the team as Business Administration Apprentice and began an
apprenticeship through Straight A Training.
Hèlen Durbin had provided PA services to the Vicar. but finished this work in March 2023 when
she secured a different job.
Average Sunday Attendance and Electoral Roll
Warfield Church's Average Sunday Allendance figures for 2023 were as follows..
Adults
Under
16s
Sl Andrew's- 0830
Warfield Church North - Sl Michael's
Warfield Church East- White
rove
Warfield Church West- Woodhursl
Worshi
TOTAL
15
76
43
95
39
268
16
25
49
**
97
At the end of 2023 there were 546 people on the Electoral Roll.
The table below gives Electoral Roll and Average Sunday attendance for the last five years..
Year
Electoral roll
as al APCM
Avera
e Sunda
Allendance- adult
Avera
e Sunda
Allendance- child
2019
476
317
125
2020a
NIA
277
111
2020b
503
194
2021
503
200
41
2022
538
218
74
2023
542
249
95
Risk Management
The PCC regularly reviews any major risks encountered by the church and takes appropriate action lo
manage and minimise those risks in accordance with best practice.

Review of Financial Activities and Affairs 2023
In 2023, income increased compared with 2022, positively impacted by an increase in Servi￿ offerings
legacy donations and the value of investment5. Expenditure has remained relatively stable compared
with 2022 although falling slightly. This has led to a surplus carried forward into 2024 01 £21,90112022..
delicil of £40,975).
Income
In 2023, Warfield Church's total income was £496,627 compared with £466.783 in 2022. a good
increase. Unreslricled income from regular and one-off gifts decreased by Just over £5.500 10 £336,526
12022. £342,053). on which £80,753 gift aid was claimed12022.. £80.1921. Some generous one-off gifts
were received.
The significant increase in total income is due lo a number of factors. The largest contributors were
legacies re￿IVed of £21,602 and a significant increase in service ofterings which lolalled £11,816.
The increase in income could not have been predicted and will not necessaiily be repealed in future
years. The impact of the reduction in regular giving was made known lo the congregations at various
points during the year culminating in a Giving Sunday in October 2023, that resulted in some one-off
gifts and pledges for the coming year.
Expenditure
Total expenditure was £508,184 compared lo £515,563 in 2022. Expenditure was lower on mission
giving, parish share and a depreciats'on charge of £11,071 but staff costs and utility bills increased
The nel gain on investments was £33.758 and included an increase In the value of the Portia Grove
house of £10,000 and an increase in the value of our investments of £23,758 from our shares in the
CCLA CBF investment fund.
The result is a surplus of £21,901 for 2023.
Reserves
Our reserves amount lo £251.236 made up of £211.563 the value of the investment fund as al
3111212023, and £39,673 the unrestricted cash al bank.
Reserves Policy
The PCC seeks to relain al least two months, average expenditure in reserves. This currently amounts
lo around £85.000. Net unreslricled funds lexcluding tangible fixed asselsl al 31 December 2023
amounted lo £234,00412022. £217,520}
Significant expenditure is expected to be required on our kno church buildings as a result of the
Quinquennial inspections. About £39,500 has been budgeted for this, lo be spent over the next year
and, therefore, there are sufficient resetves to cover this and regular expenditure.
Other creditors
Warfield PCC holds money in its main account for Cameo Christian Fellowship1£112 as at 31 December
2023 and 31 December 20221. This is recorded on the balance sheet within Other C￿dItOrs.
10

Structure, Governance and Management
The method of appointing PCC members, who are the trustees of the charity, is set out in the Church
Representation Rules Al Warfield, the membership of the PCC Consists of the clergy licensed lo the
parish, churchwardens, local lay ministers who wish lo be members and who are appointed at the
APCM, and members elected by those members of our congregations who are on the electoral roll.
Members of the diocesan and deanery synod on the electoral roll are ex officio members of the PCC.
PCC members are given information about their reswnsibililies as Iruslees.
Throughout 2023 the PCC sought to operate within the understanding drawn up and agreed in May
2019. that alongside ils slatulory purposes il"ov8rsees the lif8 of the churGh lo ensure we ar& focused
on how to become a more ChTTsI-like church for the sake of God's world. We aim to prayerfully seek
God's will. work well together. reflect our values and tak8 action for the futu
The PCC members are responsible for making decisions on all matters of general Con￿rn and
importance lo the parish including deciding how the funds of the PCC are to be spent. The lull PCC
met 8 ts.mes during 2023.
Warfjeld PCC does a lol of ils work through sub-commillees. The Standing Committee carries on any
business required between meetings The HR conlmillee looks after all matters re5ating to paid staff
employed by the PCC. Thè finance committee keeps an eye on all financial m211ers and prepares the
budget and accounts each yeai. The fabric committee works hard to keep our buildings in good order
and to follow appropriate processes for permission for works lo be carried out. The mission committee
is responsible for the budget allocated lo mission partners and organisations outside the parish. There
is also a staff remuneration committee and a committee was sel up in 2022 to look al how best lo use
the St Andrew's building.

Statement of Responsibilities of Members of the PCC
The Iruslees Imembers of the PCCI are responsible for preparing the PCC'S Annu81 Report and the
financial slalemenls in accordance with applicable law and United Kingdom Aecounling Standards
Iuniled Kingdom Generally Accepted Accounting Practicel.
The law applicable to charities in England & Wales requires the trustees to prepare financial statements
for each financial year which give a true and fair view of the slate of affairs of the charity and of the
incoming resources and application of resour￿$ of the charity for thal period. In preparing these
financial slalemenls, the trustees are required to..
seleel suitable accounting policies and thèn apply them consislenlly.,
observe the methods and principles in the Charities SORP",
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards have been followed. subject lo any material
departures disclosed and explained in the financial slalemenls.,
prepare the financial slalemenls on the going concern basis unless il is inappropriate lo
presume that the charity will continue in operation.
The Iruslees are responsible for keeping proper accounting records that disclose with reasonable
accuracy al any lime the financial position of the charity and enable them lo ensure that the financial
statements comply with the Charities Act 2011, the Charity IAccounls and Reports) Regulations 2008
and the provisions of Church Accounting Regulations 2006 They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps lor the prevention and
detection of fraud and other irregularities.
On behalf of Members of the PCC..
Rev Canon Catharine Mabuza, Vicar
Date. 13 February 2024
12-

WARFIELD PAROCHIAL CHURCH COUNCIL
Independent Examiner's Report to the Trustees of Warfield Parochial Church Council
I report on the accounts of the church for the year ended 31 December 2023 which are sel out on pages 13 10 24.
Rgspective Responsibilities ot Trustees and Examiner
The church's Iruslees are responsible for the preparation of the accounts. The church's trustees consider that an
audit is not required lor this year under section 144121 of the Charities Act 2011 Ilhe Charities Acll and that an
independent examination is needed.
11 is rny responsibility to..
Examine the accounts lunder section 145 of the Charities Acll.,
To follow the procedures laid down in the General Directions given by the Charity Commissioners
(under section 14515llbl of the Charities Acll.. and
To slate whether particular matters have come lo my attention.
Basis of Independent Examinerfs report
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 kept by the charity and a comparison ol the accounts
presented with those records.11 also includes consideration of any unusual items or disclosures in the accounts
and seeking explanations from you as trustees concerning any such matters The procedures undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the
accounts present a 'lrue and lair view, and the report is limited to those matters sel out in the statement below
Independent examiner's statement
Since the gross income for the year exceeds the amount provided in section 145131 of the Charities Act, I confirm
that l am qualifièd to act as Independent Examiner under the provisions of that section of the Charities Act and
that my qualification is as shown below.
In connection with my examination. no matter has come to.my attention..
which gives me reasonable cause lo believe that in any material respect the requirements
lo keep accounting records in accordance with section 130 of the Charities Act., and
lo prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Act have not been met.. or
to which, in my opinion. allenlion should be drawn in order lo enable a proper understanding of the accounts
lo be oached.
Kim Swain MA (Oxonl FCA
Radford & Sergeant Limited
Building 3
Walchmoor Park
Camberley
Surffty
GU15 3YL
24 April 2024
13

WARFIELD PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
For the year ending 31 December 2023
Unreslricled Restricted
TOTAL
TOTAL
funds
funds
2023
2022
Note
INCOME
Voluntary income
Income from investments
21al
21b}
21cl
21dl
448,273
3,424
451,697
432,883
14,806
14,535
14,535
26,496
Church activities
26,496
19,094
other income
TOTAL INCOME
42
EXPENDITURE
Church activities
503 747
508.184
515 563
TOTAL EXPENDITURE
503 747
437
508 184
515
NET ILOSSIISURPLUS BEFORE
INVESTMENT GAINS
110,8441
11,0131 111,8571 148,7801
NET GAINS ON INVESTMENTS
33 758
NET {LOSSIISURPLUS AND
OVEMENTIN FUNDS
22,914
11,0131
21,901
140,975)
TOTAL FUNDS BROUGHT FORWARD
740 128
772 836
813811
TOTAL FUNDS CARRIED FORWARD
14

WARFIELD PAROCHIAL CHURCH COUNCIL
BALANCE SHEET AT 31 DECEMBER 2023
2023
2022
Notes
FIXED ASSETS
Tangible
Investments
530,847
211 563
525.669
187805
742.410
713,474
CURRENT ASSETS
Debtors and prepayments
Cash al bank and in hand
25,537
15,764
65,209
73,253
LIABILITIES
Creditors- amounts falling due
within one year
10
128821
NET CURRENT ASSETS
TOTAL NET ASSETS
PARISH FUNDS
Unrestricted
763,042
740,128
Reslricled
11
Approved by the PCC on 23 April 2024 and signed on ils behalf by".
Re
David Brown
PCC Chair
15-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023
ACCOUNTING POLICIES
Basis of preparation
Warfield Parochial Church Council I"The PCC'I is a public benefit entity within the meaning of FRS102. The
financial slalemenls have been prepared under the Charities Act 2011 and in accordance with the Church
Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair
view. provisions and the Charities SORP IFRS1021.
Income recognition
Open plate collections are recognised when re￿Ived by or on behalf of the PCC. Planned giving under Gift Aid is
recognised when received and the associated recoverable income lax is recognised when the income is
recognised. All other donations and receipts for church activities a￿ recognised when received.
Income from investments is recognised when receivable.
Expenditure reeognFtion
Parish share is recorded when payable- any rebate is recorded when received. Al other expenditure, including
mission giving, is recorded when paid.
ASSETS
1.4.1 Consecrated and benefice property
In so far as consecrated and benelice properly of any kind is excluded from the slalulory defi'nition of 'charity' by
Seckn'on 1012llal and Icl of the Charities Act 2011, such assets are not capitalised In the financial slalements.
1.4.2 Moveable church furnishings
Moveable church furnishings held by the Vicar and Church Wardens on special trust for the PCC. and which
require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the
Church's inventory that Can be inspected lal any reasonable Iimel. For inalienable properly acquired prior lo
2000, such assets are not included in the accounts. Items acquired since 1 January 2000 have been capilalised
al cost and depreciated over their useful economic life.
All expenditure incurred on consecrated or benefieed buildings or on the repair of moveable church furnishings
acquired before 1 January 2000 is written off as expenditure in the year.
1.4.3 Tangible flxed assets
These are capilalised il they can be used for more than one year and cost at least £500. They are stated al cost.
Depreciation is calculated to write off the capilalized cost of fixed assets less their currently anticipated residual
fair value over their estimated useful lives as follows..
16

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
Freehold Land.. Nil
Improvements lo freehold land.. 10 years
Fixtures & Fillings.. 10 years
Equiprnent. 10 years and 4 years
An impairment review is carried out al each year-end and any resullanl loss identified included in expenditure for
the year.
1.4.4 Investments
Investment in freehold residential property is valued by the PCC al a market value informally eslimaled by local
eslale agents.
Investments in CBF shares are slated al market value as notified by the fund.
Realised gains and losses are recognised when investments are sold.
Unrealised gains al the balan￿ sheet date are accounted for by staling at market value.
Both realised and unrealised gains are Included in the Statement of Financial Activities.
1.4.5 Stock
No account has been taken of any stocks of books, magazines or other materials held al the balance sheet date
and all expenditure is wr411en off as Incurred.
1.4.6 Penslons
The PCC operates a defined contribution pension scheme. Contributions are charged in the accounts as they
become payable in accordance with the rules of the scheme.
FUNDS
1.5.1 Unrestrlcted Funds
These represent the remaining income funds of the PCC that are available for spending on the general purposes
of the PCC, including amounts designated by the PCC for fixed assets for ils own use or for spending on 2 future
project.
1.5.2 Restrictgd Funds
These are income funds that musl be spent on restricted purposes and details of the funds held and restrictions
provided are shown in the notes lo the accounts.
17

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
INCOME
Unreslricled
Reslricled
TOTAL
TOTAL
funds
funds
2023
2022
21al Voluntary income
Planned giving.. Gift Aid donations
Tax recoverable
307,796
80,403
26,656
21,602
11,816
1,700
309,496 312,425
80.753
80,192
350
Other
374
27.030
21,602
29,628
Legacies
Collections.. lopen platel
Grants
11,816
6,552
4086
44
2{bl Income from investments
Rent recewed
14,400
135
14,400
1.35
14,400
406
Bank interest
14
14
21cl Income from church activities
Fees for occasional services
11,014
11,258
11.014
8.763
8.032
Under 30s
11,258
130
Church and Parish Room lellings
Parish-wide events
130
50
2,483
2.483
1,458
Other
791
21dl Other income
Profit on disposal of fixed assets
3599
18

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Icontinuedl
EXPENDITURE
Unreslricled
Reslricled
TOTAL TOTAL
funds
funds
2023
2022
Notes
Church activities
Missionary and charitable giving
Diocesan parish share
Staff employment costs
Sl Michael'slst Andrew'slParish Rooms ulililies
47,622
169,400
158,483
27,374
47,622
49,517
169,400 181,797
158,483 136,472
27,374
20,304
18,437
Congregational costs
Training
Clergy expenses
Hardship Fund
Messy Lunch
Autumn Club
14,017
892
14,017
892
2,806
6,360
1,848
870
3.210
3.210
1,498
365
1,498
365
217
432
649
445
Under 30s
11,120
11,120
10,946
6.402
3,000
2,535
8.496
Parish-wide events
10,946
7,312
5,494
Occasional service fees paid lo Diocese
Independent examiner's fees
CCLI licences
6,402
3,000
2,880
4,119
26,640
16,152
8,299
2.535
Oftice and administration
14,401
15,596
8,603
9929
14,401
16,596
8,603
Propety maintenance
Insurance
1,000
Oeprecialion
19-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
MISSIONARY AND CHARITABLE GIVING
Grants are given to various individuals working for churches or Christian charities, for their persona5
support, or to the church or charity itself, for ils work and charitable activities.
Unrestricted
Reslricled
TOTAL TOTAL
funds
funds
2023
2022
Milan & Shusma Adhikari Nepal
Clemisolls IYWAM}
Deanery Schools Chaplain
Krasif Aid
6.883
6,883
6,300
6.000
6,300
5,500
6,300
6,000
5,600
5,500
5,415
4.100
5,415
Domingo's
2 The Nations
4,100
4,000
4,000
7,000
st Peter's Life Line Kenya
Hands On Houses Ilndial
Joel & Fiona Kelling ICMSI
Tazmin Foster. YWAM
Laurence & Jane Knoop, OM
Debs Fenton (Metro Church)
Compassion
Aanandit Charity Centre
Christians Against Povety ICAPI
Sl Peter's Life Line child sponsorship
Rabiah Aalam ICMSI
3,615
4,205
4.205
2,800
2.800
2,500
1,600
1,200
2,800
2,500
1,300
2,500
1,600
1,200
1,200
1,083
900
1,200
1,200
972
1,200
1,083
9QO
1,440
500
315
315
211
211
2500
20-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
STAFF
Employment costs
Unreslricled
Restricted
TOTAL TOTAL
funds
funds
2023
2022
Wages and salaries
Employer's Nl
Pension contributions
140,534
140.534 120,617
6.805
7.177
7,884
8,771
7,884
8.771
Expense claims
4 1873
47
Numbers of employees
The average monthly number of employees lincluding temporary staff) during the year was..
2023
2022
Administration
0.65
0.60
Operalionslmanagement
Youth and Children
0.95
1.00
2.00
1.30
Minister (directly employed)
Apprentice
1.00
1.00
0.80
0.00
.00
MEMBERS OF THE PCC
2 employees were members of the PCC and received remuneration as employees until April 2022.,
thereafter 1 employee.
No member of the PCC lor any persons connected with them) received any remunèration or benefits during
the year in respect of their membership of the PCC.
21

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
Tangible fixgd assets
Fixtures,
Investment Fillings and
Property
equipment
Land and
Buildings
Total
Cost or valuation
Al 1 January 2023
Additions
31,390
485,000
10.000
271,979 788,369
6.249
16,249
Dispos815
Al 31 December 2023
4950
276
Depreciation
Al 1 January 2023
Charge for the year
INritten back on disposals
Al 31 December 2023
15,025
2.505
247,675 262,700
8.566
11,071
aSL41 271
Nel book value
At 31 December 2023
Al 31 December 2022
Investment Property
2 Portia Grove. Warfield
Market value
At 31 December 2023
£495.000
£485.000
At 31 December 2022
Al 31 December 2021
£465,000
Market value is determined by the PCC with informal assistance from local eslale agents.
22-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Icontinuedl
Investments
CBF Investment Fund Accumulation Shares
Number
Cost
Valuation
At 1 January 2023
Unrealised profil on valuation
At 31 December 2023
3.542.95
199,112
187,805
19
Debtots
2023
2022
Income tax recoverable
22,854
12,612
1,688
Debtors
1,688
995
Prepayments and accrued income
25
10. Creditors: amounts falling due within one year
2023
2022
Accruals
10,507
12,327
Other creditors
12
-23-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Iconlinuedl
11. Restricted funds
The income funds of the charity include reslricled funds Comprising the following donations and grants held
on trust for specific purposes as listed below..
Balance al 1
Balance al 31
January 2023
Income
Expenditure
December 2023
Sl Andrew's
743
743
Sl Andrew's Development
Hardship fund
Churchyard
Sl Michaels's organ AV
Furniss legacy
St Andrew's lectern
14,374
12,508
55
14,319
2,050
1,498
1,000
13.060
1,000
298
119
179
700
100
600
875
125
750
Autumn Club
58
374
432
Messy lunch
365
12. Analysis of net assets between funds
Unrestricted
Restr￿ed
funds
funds
Total
Fund balances al 31 December 2023 are represented by".
Tangible fixed assets
Investments
528.988
1.859
530,847
211,563
211.563
35,373
129321
Current assets
29,836
65,209
12 9321
794 687
Creditors.. amounts falling due within one year
695
-24-

WARFIELD PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023 Icontinuedl
13.
Financial Commitments
The PCC has passed a budget for 2024 with a delicil of £9,000. This is a significant improvement from the
2023 budget due lo a reduced Parish Share cost agreed with the Diocese which reflects a reduction in
ministerial staff and there are also additional staff cost reductions. We have predicted a reduction in regular
annual giving compared with 2023 and there is significant uncertainly about the level of giving through
2024. There will be a giving initiative during the second hall of the year and applications will be made for
grants lo support church building projects.
The budget includes a commitment lo give £42,550 to mission organisalions and £6,000 towards the
Bracknell deanery School chaplain's post. At the dale that these accounts were approved £37,000 of the
money lo mission organisations has been commilled and thè recipients informed. The PCC has agreed lo
spend £39,500 on capital and on&off projects over the next year and has pledged lo give a further £6.000
in 2025 towards the Bracknell deanery school chaplain's post.
25-