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2025-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL FOR THE ECCLESIASTICAL PARISH OF WARFIELD REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

WARFIELD PAROCHIAL CHURCH COUNCIL

Contents Page
Legal and administrative information 3
Council Membership 4
Trustees’ Annual Report 5
Aims and Purposes 5
Objectives and Activities 5
Achievements and Performance 8
Review of Financial Activities and Affairs 11
Structure, Governance and Management 12
Statement of Responsibilities of PCC Members 13
Independent Examiner’s report 14
Statement of Financial Activities 15
Balance Sheet 16
Notes to the Accounts 17

WARFIELD PAROCHIAL CHURCH COUNCIL

Legal and Administrative Information

Registered Charity number

1129301

Registered name

The Parochial Church Council of the Ecclesiastical Parish of Warfield

Principal address

Church Lane Warfield Bracknell RG42 6EE

Independent Examiner

Kim Swain MA (Oxon) FCA Radford & Sergeant Limited Quatro House Lyon Way Frimley Road Camberley Surrey GU16 7ER

Bankers

HSBC 9 High Street Bracknell RG12 1DN

WARFIELD PAROCHIAL CHURCH COUNCIL

Council Membership

Members of the PCC (Trustees) are either ex 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 2025:

Vicar: Rev Guy Donegan-Cross (from 29.9.2025) Senior Minister: Rev David Brown (until 30.4.25) Associate Minister: Rev Ruth Donegan-Cross (from 30.11.25) Curate: Rev David Chislett (until 30.6.25) Churchwardens: Andy Colpus (until 6.4.25) Phil Durbin Katie Green (from 6.4.25)

PCC 2024/5

PCC 2025/6

Licensed Lay Ministers on PCC: Licensed Lay Ministers on PCC: None None Diocesan Synod members: Diocesan Synod members: None None Deanery Synod members: Deanery Synod members: Paul Allen Paul Allen Juliet Date Juliet Date Beth Gomm (until 16.7.24) Judy Ridell (from 6.4.25) Elected members: Elected members: Gaynor Boulton Gaynor Boulton Chris Drage Jane Clark (from 6.4.25) Dave French (from 14.5.24) Chris Drage Alex Fry (until 2.11.24) Vicky Doherty Ashley Hill Dave French Alison Horner Le Riche (from 14.5.24) Ashley Hill Janet Mauler (from 14.5.24) Kevin Pearcey Kevin Pearcey Alison Horner Le Riche Vicky Doherty (from 3.9.24) Janet Mauler Emma Roberts (from 21.10.25) Eileen Scott (from 6.4.25) Co-opted members: Co-opted members: None None

PCC Secretary: Sarah Colpus (until April 2025) Morgan Pearcey (from April 2025) Electoral Roll Officer: Sarah Colpus (until April 2025) Alan Ridell (from April 2025) Treasurer: Chris Drage

WARFIELD PAROCHIAL CHURCH COUNCIL

Warfield PCC Trustees Annual Report for the year 2025

When the new vicar arrived at the end of September 2025, it was immediately identified that an important priority was to take a fresh look at our aims, purposes, objectives and activities. It was recognised that this first requires the building up of trust between vicar and congregations and then it is not a quick job and requires lengthy collaboration with the church members and PCC.

The following narrative on Aims and Purposes and Objectives and Activities therefore mostly reflects the life of Warfield Church before the arrival of the new Vicar and Associate Vicar.

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.

[As an outcome of the Practicing the Way course (which completed in April), it was agreed that until at least April 2025 (when our Senior Minister retired), the vision of Warfield Church should be expressed as “To be a community of disciples who make disciples”. This in effect has remained the expression of the vision throughout the whole of 2025].

Our values are: Adventurous

Generous Accountable Collaborative

Warfield Church dates its origins back to 1016 AD, and sits within the Church of England, with an open evangelical and charismatic tradition.

The church began when Queen Emma granted permission for a chapel to be built on the site of the present St Michael the Archangel Parish Church. It is likely to have been built to proclaim God’s victory over paganism and to proclaim the name of Jesus.

The PCC has the responsibility, as stated in the Parochial Church Councils (Powers) Measure 1956, of co-operating with the minister in promoting to 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

The Warfield Strategic Plan that the PCC endorsed in 2013 has remained the driver of our activities for the whole of 2025, notwithstanding that during this year of continuing vacancy, the clergy support has been significantly reduced. The four strategic priorities of that plan remain, although the outworking of them now looks very different.

  1. Location : The primary area of ministry is within Warfield. Our focus on the Bullbrook area has lessened since the planting of Bracknell Community Church into the Bullbrook area.

  2. Reaching Everyone : To reach people (make disciples) of every age, ability and life stage, noting that it is important to retain these people as they undergo the major transitions between these ages and stages.

  3. 5 -

WARFIELD PAROCHIAL CHURCH COUNCIL

  1. Planting Congregations & Community Engagement : For some years, our practice has been to grow the church through planting congregations and engaging with local communities. 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 to build community and have a worshipping presence in each of these growing areas.

  2. Beyond Warfield : Warfield Church also has a role to play working with other churches within the deanery and beyond.

Activities

The activities at Warfield Church can be described as ‘church-wide’ and local to 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 trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit.

1. Church-wide :

a. Occasional Offices – There were 3 weddings during the course of the year, and 13 baptisms (7 babies, 5 children, 1 adult). There were 5 funerals in church and our clergy took a further 5 funerals at the crematorium. There were 9 burials of ashes in the graveyard.

b. The monthly service at the Warfield Park Community Centre on the second Tuesday of each month continued.

c. ‘Together’ Services – held on the first Sunday of each month, with several additional Together services happening (Easter Sunday, Pentecost Sunday and five additional services held during the summer holidays). On Pentecost Sunday (8[th] June), the new Bishop of Reading presided.

d. Worship Evenings – throughout 2025, we held worship evenings once a month at St. Michael’s. These have been joined by people from other local churches as well as our own members.

e. Between January and April, we continued with the ‘Practicing the Way’ course on Wednesday evenings (repeated on Saturday mornings). This was in addition to the course being run in the many Life Groups across the parish.

f. Special events – we celebrated the retirement of the Senior Minister, Rev David Brown on 26[th] April, inviting local church leaders, David’s friends from the past, and local dignitaries to an evening celebration. We said farewell to Rev David Chislett on 29[th] June as he moved on to become the vicar of Wargrave. On 29[th] September we had the licensing, collation and installation of our new vicar, Rev Guy Donegan-Cross followed by the licensing of our new Associate Vicar, Rev Ruth Donegan-Cross on 30[th] November. The Bishop of Reading and Archdeacon were in attendance at both these services. On 7[th] December we had a celebration after the ‘Together’ service to welcome both Guy and Ruth and to give thanks to all who had helped keep Warfield Church going through the vacancy.

g. Youth & Children’s Work - Warfield Church has historically had lots of opportunities for young people and children to meet, many of which are outreach to non-church families.

i Little Starz is a toddler group for under 5’s and their carers which meets in St Michael’s on Monday mornings. Activities include play, craft, songs, prayer and a bible story. Average total attendance was 20 adults and 30 children in this period.

ii. Primary Schools visits- Our new Children and Schools Pastor has visited Warfield, Whitegrove and Meadowvale Schools through lessons, assemblies and running ‘Prayer Spaces’ and ‘Christmas-in-a-box’ events. Our clergy have run assemblies in Whitegrove and Warfield schools. Lambourn School held their Carol Service in St Michael’s.

WARFIELD PAROCHIAL CHURCH COUNCIL

In all, around 900 children connected with Warfield Church over Christmas through the various initiatives.

We also enjoy the use of the buildings at Whitegrove Primary and Warfield Primary on Sunday mornings.

iii. Youth – various events have been run levelled at our secondary-aged children.

iv. Secondary Schools and College – We continue to support the role of School Chaplain at Ranelagh and Sandhurst schools.

h. Autumn Club is a group for older people with a number of events through the year.

i. Cameo is a group that provides worship and teaching specifically to meet the needs of adults with learning disabilities and is jointly supported by Warfield Church and Easthampstead Baptist Church.

j. CBS - Warfield Church hosts weekly CBS groups for structured Bible Study (www.communitybiblestudy.org)

k. Share – Warfield Church hosts Share Bracknell in St Andrew’s each Friday. Volunteers collect short-dated food on Thursday evenings, and this is redistributed on Friday afternoons to those in need or anyone who would like to collect.

l. C3 and C4 – There have been two weekly coffee mornings running all year – C3 in the Brownlow Hall on Thursdays and C4 on Thursdays in St Andrew’s.

m. Support to Bracknell Deanery and Oxford Diocese - Members of Warfield Church have served on the Deanery Standing and Pastoral committee and on Deanery Synod. David Brown retired as Area Dean on his retirement as Senior Minister at the end of April 2025.

n. Bracknell Christian Network - Leaders from Warfield Church attend an online weekly prayer meeting for leaders of churches and Christian organisations in Bracknell. Through this they are able to share information and work in partnership with other local churches.

o. Support to the world-wide church - Warfield Church has a strong emphasis on developing partnerships with overseas mission partners, 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 concern for other parts of Christ’s body.

2. Local to Congregations :

Warfield Church has met in three locations each Sunday, except on ‘Together’ Sundays when we have met at two locations:

During this period, the congregations meeting in the latter two locations had their own leadership team and budget. These congregations engage with their local communities in different ways and support members through pastoral care and Life Groups. Many of the Together services on the first Sunday of each month have taken place in Warfield C E Primary School and we are thankful for the continued cooperation of the Head and Governors in making this possible.

There are two church buildings in the parish, St Michael the Archangel and St Andrew’s. The St Michael’s site also includes the Parish Rooms, which contain a large meeting hall, kitchen, toilets and the church office. Until February 2025, the church also owned a house in Warfield, which was rented to a private tenant.

WARFIELD PAROCHIAL CHURCH COUNCIL

Achievements and Performance

2025 Overview

After the big year of changes in 2024, it is safe to say that Warfield Church has seen equally large changes during 2025.

A number of staff changes took place this year:

The Interim Senior Leadership Team (ISLT) formed in 2024 continued to meet almost weekly up until October, liaising with both Congregational Teams and the PCC to provide oversight of all ministries within Warfield Church. It consisted of:

Since October, Revd Guy Donegan-Cross and the churchwardens have been meeting regularly, joined by Revd Ruth Donegan-Cross in December, taking over the role of the ISLT.

2025 was an exciting year of growth for our Children's and Youth work, and we were able to appoint both a Children and Schools Pastor (C&SP), and a Little Starz leader. The school and community groups aspect of the C&SP (75%) was kindly funded by the Brownlow Trust throughout 2025. These new roles allowed us to expand our Children’s and Youth work considerably. Judy as C&SP led assemblies, ran Oasis Reflection and Prayer Spaces, and delivered ‘Christmas in a Box’ sessions in local primary schools, as well as facilitating Christmas services for children at St Michael’s church and on school premises. She also coordinated weekly Sunday children’s activities at both St Michael’s and Whitegrove congregations. Charlotte has run Little Starz every week during term time, as well as offering ‘Stay and Play’ mornings during the summer holidays.

The early Communion Service at St Andrew’s has continued throughout 2025 with sustained numbers of both adults and children attending each week. During the summer months when there were no permanent members of clergy at Warfield Church, we were able to continue to offer communion at this service in two ways. Firstly with the help of visiting clergy, namely Rev Roy Burgess, Rev Becky Medlicott, and Rev Andy Medlicott, to whom we offer grateful thanks, and secondly by communion by extension. This was administered by a small group of lay volunteers, having been trained by Rev Dr Phil Cooke, Dean of Lay Ministry at the Diocese of Oxford. In order to allow sufficient time for the consecrated bread and wine to be transported from the 8am service at Easthampstead parish church, the service at St Andrew’s was moved to 9am during the summer. We are so grateful to those who made this communion by extension possible, including Rev Gareth Morley, Jerry Bekoe, Phil Durbin, Andy Green, and Judy Ridell.

Our sermon themes in 2025 were wide-ranging, starting with a continuation of John Mark Comer’s ‘Practicing the Way’ materials, which look at what it means to be a disciple or follower of Jesus. After Easter we studied the book of Ephesians, and across the summer and early autumn sermons focused on the book of Ezra and on a ‘Living Water’ series, centred around significant moments linked to water through the Bible. The ‘Good News’ sermon series rounded off the year following Guy’s arrival at the end of September.

WARFIELD PAROCHIAL CHURCH COUNCIL

During 2025, the church has continued to track the progress of the Living in Love and Faith conversation within the Church of England, especially with regard to the use of the Prayers of Love and Faith (PLF). With General Synod being unable to come to an agreement on the use of the PLF in a stand-alone setting, Warfield Church has put on pause the further development of this important area of ministry. There has been no change to the opinion expressed by the PCC in 2024 which stated the following: ‘If the next vicar (or an applicant) was to ask whether the PCC and the church would support him/her using the Prayers of Love and Faith, then we sense the mood of the PCC and the church would lean towards the use of the Prayers of Love and Faith’.

The successful launch of “Women Together” in 2024 continued in 2025 with two more events, in March and October. Both were well attended and positively received, with outside speakers, prayer ministry, and cream tea enjoyed by all.

We were delighted to welcome Bishop Mary to our Pentecost ‘Together’ service at Warfield CE Primary School in Woodhurst Park. As well as celebrating the wonderful story of the coming of the Holy Spirit at Pentecost, the Bishop was able to announce the appointment of Guy and Ruth as our new Vicar and Associate Vicar, so this was a particularly joyful occasion!

During October and November, Warfield Church again hosted and ran a Bereavement Journey course, with 14 delegates and 5 volunteers, ably led by Ali Wilkins.

Christmas events for 2025 were as follows:

Attendance was higher at our Christmas services than it was in 2024, and all services were positively received. For all of this and more, we are truly thankful to God, and also to 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

Judy Ridell joined in February 2025 as Children and Schools Pastor (15hrs to Aug25, 30 hrs from Sept25), and Charlotte Rillie joined in June 2025(7.5hrs), as Little Starz Leader.

Average Sunday Attendance and Electoral Roll

Warfield Church’s rolling 12-week average Sunday Attendance figures for the period up to 14th December 2025 were as follows:

Adults Under
16s		 2024 annual figures
for comparison		 2024 annual figures
for comparison
St Andrew’s-0830 31 5 31 4
Warfield Church North-St Michael’s 63 14 63 14
Warfield Church East-Whitegrove 64 28 79 38
TOTAL 158 47 173 56
Together Services 131 39 114 42

WARFIELD PAROCHIAL CHURCH COUNCIL

At the end of 2025 there were 263 people on the Electoral Roll.

The table below gives Electoral Roll and Average Sunday attendance for the last five years:

Year 2021 2022 2023 2024 2025
Electoral roll (as at APCM) 503 538 542 526 259
Average Sunday Attendance –
adult		 200 218 249 176 159
Average Sunday Attendance –
child		 41 74 95 58 44

Risk Management

The PCC regularly reviews any major risks encountered by the church and takes appropriate action to manage and minimise those risks in accordance with best practice.

WARFIELD PAROCHIAL CHURCH COUNCIL

Review of Financial Activities and Affairs 2025

In 2025, income significantly decreased compared with 2024, mainly due to a reduction in regular voluntary income. Expenditure has also reduced, with the largest contributors being lower staff costs and utility bills, offset by an increase in Parish Share paid to the Diocese. This has led to a deficit carried forward into 2026 of £57,577 (2024: deficit of £71,464).

Income

In 2025 Warfield Church’s total income was £314,054 compared with £348,694 in 2024, a reduction of 11%. Unrestricted income from regular and one-off gifts decreased by £23,596 to £200,697 (2024: £224,293), on which £50,174 gift aid was claimed (2024: £56,073).

The decrease in total income was due to a number of factors. The greatest impact was from a reduction in regular giving due to regular givers moving away. The reduction was partially offset by a generous legacy received during the year, (in 2024 there was no legacy income). There was a loss on our investments in 2025 of £9,166, and bank interest income of £6,073.

A decrease in regular giving was expected, knowing that a number of regular givers were leaving the Parish. There was no giving Sunday in the Autumn of 2025, unlike earlier years, because there were no serving ministers or anyone else with the capacity to lead such a campaign. As a result, there were no one-off gifts or pledges, which we have seen in the recent past.

Expenditure

Total expenditure was £362,465 compared to £386,551 in 2024. Most of the reduction was due to lower staff costs and lower utility costs. The average 3.06 full time equivalent staff (FTE) in 2025 compared with 3.66 FTE in 2024. The staff costs were also offset by a grant to support the employment of a Children and Schools Pastor. The Parish Share was significantly higher in 2025, as it was calculated based on the two FTE ministerial posts in vacancy. Expenditure was lower on utility bills, which were £16,287 or 36% lower than 2024.

The net result is a deficit of £57,577 this includes a net loss on investments of £9,166 and interest on our deposit account of £5,983.

Cash Reserves

Our cash reserves amount to £452,906 which is the value of both current and deposit accounts.

During 2025 our reserves increased substantially, as we sold a house in Portia Grove, Warfield, and the proceeds were invested with the CCLA (Churches, Charities and Local Authorities investment Management Limited). These proceeds and existing reserves are invested in two funds managed by CCLA, the CBF Investment Fund and the Church of England Deposit Fund.

Reserves Policy

The PCC seeks to retain at least two months’ average expenditure in reserves. For 2026 this amounts to around £70,000. Net unrestricted funds (excluding tangible fixed assets) at 31 December 2025 amounted to £616,549 (2024: £203,728).

Significant expenditure is required on our two church buildings as a result of the Quinquennial inspections and our vision to re-develop St Andrew’s as a multi-purpose facility for local community engagement. In line with the Diocesan focus on youth and family’s ministry, we also plan to invest in a five-year youth outreach project.

So, PCC have agreed to designate funds from our reserves for the following purposes:

It is the intention to apply for grants to match the designated funds for the projects summarised above.

Other creditors

Warfield PCC holds money in its main account for Cameo Christian Fellowship (£88 as at 31 December 2025 and 31 December 2024). This is recorded on the balance sheet within other creditors.

WARFIELD PAROCHIAL CHURCH COUNCIL

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. At Warfield, the membership of the PCC consists of the clergy licensed to the parish, churchwardens, local lay ministers who wish to 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 responsibilities as trustees.

Throughout 2025 the PCC sought to operate within the understanding drawn up and agreed in May 2019, that alongside its statutory purposes it “ oversees the life of the church to ensure we are focused on how to become a more Christ-like church for the sake of God’s world. We aim to prayerfully seek God’s will, work well together, reflect our values and take action for the future.”

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding how the funds of the PCC are to be spent. The full PCC met 10 times during 2025

Warfield PCC does a lot of its work through sub-committees. The Standing Committee carries on any business required between meetings. The HR committee looks after all matters relating to paid staff employed by the PCC. The finance committee keeps an eye on all financial matters and prepares the budget and accounts each year. The fabric committee works hard to keep our buildings and grounds in good order and to follow appropriate processes for permission for works to be carried out. The mission committee is responsible for the budget allocated to mission partners and organisations outside the parish. There is also a staff remuneration committee.

WARFIELD PAROCHIAL CHURCH COUNCIL

Statement of Responsibilities of Members of the PCC

The trustees (members of the PCC) are responsible for preparing the PCC’s Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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 state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts 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 for the prevention and detection of fraud and other irregularities.

On behalf of Members of the PCC:

Mr Phil Durbin (Churchwarden)

Date: 11 March 2026

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 2025 which are set out on pages 15 to 26.

Respective Responsibilities of Trustees and Examiner

The church's trustees are responsible for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's 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 of the accounts presented with those records. It 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 to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

Since the gross income for the year exceeds the amount provided in section 145(3) of the Charities Act, I confirm that I am qualified 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:

  1. which gives me reasonable cause to believe that in any material respect the requirements

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Kim Swain MA (Oxon) FCA 12[th] March 2026

Radford & Sergeant Limited Quatro House Lyon Way Frimley Road Camberley Surrey GU16 7ER

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WARFIELD PAROCHIAL CHURCH COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

For the year ending 31 December 2025

Unrestricted Restricted Restricted Restricted TOTAL TOTAL TOTAL
funds funds 2025 2024
£ £ £ £
Note
INCOME
Voluntary income 2(a) 291,959 2,500 294,459 317,291
Income from investments 2(b) 6,073 - 6,073 4,877
Church activities 2(c) 12 ,949 573 13 ,522 26 ,526
TOTAL INCOME 310 ,981 3 ,073 314 ,054 348 ,694
EXPENDITURE
Church activities 3 360 ,523 1 ,942 362 ,465 386 ,551
TOTAL EXPENDITURE 360 ,523 1 ,942 362 ,465 386 ,551
NET (LOSS)/SURPLUS BEFORE
INVESTMENT GAINS (49,542) 1,131 (48,411) (37,857)
NET (LOSS)/GAIN ON INVESTMENTS (9 ,166 ) - (9 ,166 ) (33 ,607 )
NET (LOSS)/SURPLUS AND
MOVEMENT IN FUNDS (58,708) 1,131 (57,577) (71,464)
TOTAL FUNDS BROUGHT FORWARD 691 ,248 32 ,025 723 ,273 794 ,737
TOTAL FUNDS CARRIED FORWARD 632 ,540 33 ,156 665 ,696 723 ,273

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WARFIELD PAROCHIAL CHURCH COUNCIL

BALANCE SHEET AT 31 DECEMBER 2025

Notes
FIXED ASSETS
Tangible
7
Investments
8
CURRENT ASSETS
Debtors and prepayments
9
Cash at bank and in hand
LIABILITIES
Creditors – amounts falling due
within one year
10
NET CURRENT ASSETS
TOTAL NET ASSETS
PARISH FUNDS
Unrestricted
Restricted
11		 2025
£
£
16,891
199,583
216,474
11,712
452
,906
464,618
(15
,396
)

449,222
665,696
632,540
33,156
665,696		 2024
£
£
488,979
201,941
690,920
9,284
47
,608
56,892
(24
,539
)
32,353
723,273
691,248
32,025
723,273		 2024
£
£
488,979
201,941
690,920
9,284
47
,608
56,892
(24
,539
)
32,353
723,273
691,248
32,025
723,273
690,920
32,353
723,273
691,248
32,025

723,273

Approved by the PCC on 11[th] March 2025 and signed on its behalf by:

Mr Phil Durbin (Churchwarden) PCC Chair

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WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025

1. ACCOUNTING POLICIES

1.1 Basis of preparation

Warfield Parochial Church Council (“The PCC”) is a public benefit entity within the meaning of FRS102. The financial statements 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 (FRS102).

1.2 Income recognition

Open plate collections are recognised when received by or on behalf of the PCC. Planned giving under Gift Aid is recognised when received and the associated recoverable income tax is recognised when the income is recognised. All other donations and receipts for church activities are recognised when received.

Income from investments is recognised when receivable.

1.3 Expenditure recognition

Parish share is recorded when payable – any rebate is recorded when received. All other expenditure, including mission giving, is recorded when paid.

1.4 ASSETS

1.4.1 Consecrated and benefice property

In so far as consecrated and benefice property of any kind is excluded from the statutory definition of ‘charity’ by Section 10(2)(a) and (c) of the Charities Act 2011, such assets are not capitalised in the financial statements.

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 (at any reasonable time). For inalienable property acquired prior to 2000, such assets are not included in the accounts. Items acquired since 1 January 2000 have been capitalised at cost and depreciated over their useful economic life.

All expenditure incurred on consecrated or beneficed 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 fixed assets

These are capitalised if they can be used for more than one year and cost at least £500. They are stated at cost.

Depreciation is calculated to write off the capitalized cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives as follows:

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WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

An impairment review is carried out at each year-end and any resultant loss identified included in expenditure for the year.

1.4.4 Investments

Investment in freehold residential property is valued by the PCC at a market value informally estimated by local estate agents.

Investments in CBF shares are stated at market value as notified by the fund.

Realised gains and losses are recognised when investments are sold.

Unrealised gains at the balance sheet date are accounted for by stating 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 at the balance sheet date and all expenditure is written off as incurred.

1.4.6 Pensions

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.

1.5 FUNDS

1.5.1 Unrestricted 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 its own use or for spending on a future project.

1.5.2 Restricted Funds

These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.

18

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

2. INCOME

Unrestricted
Restricted
funds
funds
£
£
2(a)
Voluntary income
Planned giving: Gift Aid donations
201,726
1,200
Tax recoverable
50,174
300
Other
13,760
-
Legacies
10,000
-
Collections: (open plate)
5,474
--
Grants
10,825
1,000
291,959
2,500
2(b)
Income from investments
Rent received
-
-
Bank interest
6,073
-
6,073
-
2(c)
Income from church activities
Fees for occasional services
6,291
-
Under 30s
2,459
-
Church and Parish Room lettings
-
-
Parish-wide events
2,406
573
Other
1,793
-
12,949
573		 TOTAL
2025
£
202,926
50,474
13,760
10,000
5,474
11,825
294,459
-
6,073
6,073
6,291
2,459
-
2,979
1,793
13,522		 TOTAL
2025
£
202,926
50,474
13,760
10,000
5,474
11,825
294,459
-
6,073
6,073
6,291
2,459
-
2,979
1,793
13,522		 TOTAL
2024
£
225,493
58,518
26,413
-
5,867
1,000		 TOTAL
2024
£
225,493
58,518
26,413
-
5,867
1,000		 TOTAL
2024
£
225,493
58,518
26,413
-
5,867
1,000

317,291
4,800
77
4,877
16,303
6,015
290
2,958
960		 4,800
77
4,877
26,526

19

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

3. EXPENDITURE

Unrestricted
Restricted
funds
funds
£
£
Notes
Church activities
Missionary and charitable giving
4
41,668
-
Diocesan parish share
134,464
-
Staff employment costs
5
91,715
-
St Michael’s/St Andrew’s/Parish Rooms utilities
16,287
-
Congregational costs
9,574
-
Training
835
-
Clergy expenses
4,474
-
Hardship Fund
-
200
Messy Lunch
-
-
Autumn Club
-
402
Under 30s
555
-
Parish-wide events
5,147
-
Occasional service fees paid to Diocese
2,854
-
Independent examiner’s fees
3,360
-
Accountancy and payroll services
830
-
CCLI licences
4,097
-
Office and administration
9,630
-
Property maintenance
15,936
1,000
Insurance
8,349
-
Depreciation
10,748
340
360,523
1,942		 TOTAL
2025
£
41,668
134,464
91,715
16,287
9,574
835
4,474
200
-
402
555
5,147
2,854
3,360
830
4,097
9,630
16,936
8,349
11,088
362,465		 TOTAL
2024
£
48,747
117,873
100,826
22,529
12,071
250
3,752
799
42
625
5,601
7,155
8,822
3,120
910
4.058
10,906
19,133
8,185
11,147

386,551

20

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

4. MISSIONARY AND CHARITABLE GIVING

Grants are given to various individuals working for churches or Christian charities, for their personal support, or to the church or charity itself, for its work and charitable activities.

Grants are given to various individuals working for churches or Christian charities, for
support, or to the church or charity itself, for its work and charitable activities.		 their personal
Unrestricted
Restricted
funds
funds
£
£
Clemisons (YWAM)
6,608
-
Deanery Schools Chaplain
5,500
-
Milan & Shusma Adhikari Nepal
5,150
-
Krasif Aid
4,000
-
St Peter’s Life Line Kenya
3,500
-
Hands On Houses (India)
3,500
-
Domingo’s
2,792
-
Joel & Fiona Kelling (CMS)
2,650
-
2 The Nations
2,450
-
Debs Fenton (Metro Church)
1,500
-
Tondo Fire
1,000
-
St Peter’s Life Line child sponsorship
900
-
Compassion
768
-
Aanandit Charity Centre
600
-
Andy & Sarah Colpus
500
-
Cleminsons Earthquake Fund
250
-

Mosaic Middle East
-
-
CMJ Mercy Fund
-
-
Tear Fund
-
-
4 Freedom
-
-
41,668
-		 TOTAL
2025
£
6,608
5,500
5,150
4,000
3,500
3,500
2,792
2,650
2,450
1,500
1,000
900

768
600
500
250
-
-
-
-
41,668		 TOTAL
2024
£
8,910
6,500
6,000
4,800
3,400
2,800
3,950
2,800
4,400
1,200
500
900
768
600
-
-
500
500
175
44
48,747

21

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

5. STAFF

Employment costs

Unrestricted
Restricted
funds
funds
£
£
Wages and salaries
85,624
-
Employer’s NI
1,116
-
Pension contributions
4,567
-
Expense claims
408
-
91,715
-		 TOTAL
2025
£
85,624
1,116
4,567
408
91,715		 TOTAL
2024
£
93,216
2,564
4,776
270
100,826

Numbers of employees

The average monthly number of employees (including temporary staff) during the year was:

2025 2024
Administration/Apprentice 1.40 1.53
Operations/Management 0.80 0.80
Youth and Children 0.85 1.25
Minister (directly employed) - 0.08
3.05 3.66

6. MEMBERS OF THE PCC

1 employee was a member of the PCC and received remuneration as an employee (2024 – none).

No member of the PCC (or any persons connected with them) received any remuneration or benefits during the year in respect of their membership of the PCC.

22

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

7. Tangible fixed assets

Tangible fixed assets
Fixtures,
Land and Investment Fittings and
Buildings Property equipment Total
£ £ £ £
Cost or valuation
At 1 January 2025 31,390 461,000 279,407 771,797
Disposals - (461,000)
 - (461
,000)
At 31 December 2025 31,390 - 279,407 310
,797
Depreciation
At 1 January 2025 20,034 - 262,784 282,818
Charge for the year 2,504 - 8,584 11,088
At 31 December 2025 22,538 - 271,368 293,906
Net book value
At 31 December 2025 8
,852		 - 8,
039		 16,891
At 31 December 2024 11,356 461,000 16,623 488,979
Investment Property
2 Portia Grove, Warfield was sold on 14 February 2025 for £461,000.
Market value
At 31 December 2024 £461,000
At 31 December 2023 £495,000

Market value in prior years was determined by the PCC with informal assistance from local estate agents.

23

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

8. Investments

CBF Investment Fund Accumulation Shares

At 1 January 2025
Unrealised loss on valuation
At 31 December 2025
Debtors
Income tax recoverable
Debtors
Prepayments and accrued income
Creditors: amounts falling due within one year
Accruals
Other creditors		 Number Valuation
£
3,217.55
201,941
0.00
(2
,358
)
3
,217.55
199
,583
2025
2024
£
£
8,141
5,994
1,125
125
2,446
3,165
11,712
9,284
2025
2024
£
£
8,242
23,442
7,154
1,097
15,396
24,539

9. Debtors

10. Creditors: amounts falling due within one year

24

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

11. Restricted funds

The income funds of the charity include restricted funds comprising the following donations and grants held on trust for specific purposes as listed below:

Balance at 1 Balance at 31
January 2025 Income Expenditure
December 2025
£ £ £ £
St Andrew’s Development 14,264 - 55 14,209
Hardship fund 13,761 1,500 200 15,061
Churchyard - 1,000 1,000 -
St Michaels’s organ AV 60 - 60 -
Furniss legacy 500 - 100 400
St Andrew’s lectern 625 - 125 500
Autumn Club 70 573 402 241
Messy lunch 2
,745		 - - 2 ,745
32
,025		 3 ,073 1
,942		 33 ,156

12. Analysis of net assets between funds

Unrestricted Restricted
funds funds Total
£ £ £
Fund balances at 31 December 2025 are represented by:
Tangible fixed assets 15,991 900 16,891
Investments 199,583 - 199,583
Current assets 432,362 32,256 464,618
Creditors: amounts falling due within one year (15
,396		 ) - (15
,396		 )
632
,540		 33
,156		 665
,696

25

WARFIELD PAROCHIAL CHURCH COUNCIL

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025 (continued)

13. Financial commitments

The PCC has passed a budget for 2026 with a deficit of £69,871. This is a larger deficit than 2025, as summarised in this report, due in part to an increase in staff and the investment in a grant funding expert to support us in the application for grants for our larger capital projects. It is expected that the grant specialist would provide the Warfield team with guidance so that we are able to make successful grant applications ourselves in future years.

We have predicted a modest increase in regular annual giving compared with 2025, though there is uncertainty about the level of giving through 2026. There will be a focus on vision during the first half of 2026, which will articulate the need for resources to meet that vision, leading to a giving campaign on the 2[nd] half of 2026.

The budget includes a commitment to give £40,114 to mission organisations. At the date that these accounts were approved £33,700 of the budget for mission organisations has been committed and the recipients informed,

26