# **TH E UNITED BENEFICE O F FARNHAM ROYAL WITH HEDGERLEY**
## **FARNHAM ROYAL PAROCHIAL CHURCH COUNCIL**
## Registered Charity No 1129867
## **Annual Report and Financial Statements for the year ended.**
**31[st] December 2025, approved at the meeting of the Parochial-Church Council on 5[th] May 2026**
|1.|Aims and Purpose ……………………………………………………………………….|Page 2|
|---|---|---|
|2.|Objectives and Activities …………………………………………………………….|Page 2|
|3.|Attendance at Services .........……………………………………………………...|Page2-3|
|4.|Worship, Mission, and Ministry ………………………………………………….|Page 3-4|
|5.|Safeguarding Report ………………………………………………………………….|Page 4|
|6.|St Mary’s Farnham Royal C of E Primary School ………………………….|Page 4|
|7.|St Mary’s Church, Farnham Royal: Churchwarden’s Report……….|Page 5|
|8.|St John’s Church, Farnham Common: Churchwarden’s Report….|Page 6|
|9.|Farnhams Parish Magazine Report …………………………………………….|Page 6-7|
|10.|Electoral Roll Report: St John’s ………………………………………………….|Page 7|
|11.|Deanery Synod Report ……………………………………………………………….|Page 7|
|12.|The Brian Jubb Hall Report………………………………………………………….|Page 7|
|13|Mission Action Plan …………….|Page 8|
|14.|Financial Review …………………………………………………………………………|Page 8|
|15a|Risks and Reserves Policy ……………………………………………………………|Page 8|
|15b|Reserve Policy …………………………………………………………………………….|Page 9|
|16.|References and Administrative Information …………………………………|Page 10|
Independent Examiner’s Report ………………………….……………………………… Page 11
## Financial Statements
1. Accounting Policies ……………………………………………………………………… Page 12-14 2. Balance Sheet ……………………………………………………………………………… Page 15 3. Notes to the Balance Sheet…………………………………………………………… Page-17-18 4. Statement of Financial Activities (SOFA)………………………………………. Page- 19 5. Notes to SOFA………………………………………………………………………………. Page- 20-22 6. Investments…………………………………………………………………………………. Page- 23
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## **1. Aims and Purpose**
## **Background**
The parish of Farnham Royal is part of the United Benefice of Farnham Royal with Hedgerley. Under the leadership of its incumbent, the Rev’d Chloe Willson-Thomas, the parish belongs to a group ministry (The Northern Group) consisting of the United Benefice of Farnham Royal with Hedgerley, along with the parishes of Britwell, Manor Park, Slough, Upton-cum-Chalvey, Stoke Poges.
The parish is part of the Burnham and Slough Deanery, within the Archdeaconry of Buckinghamshire, which is part of the Diocese of Oxford. The office address is the Benefice Office, St. John’s Church, Victoria Rd., Farnham Common, Bucks. SL2 3NJ. Tel. 01753 644130. The Benefice website is www.farnhamroyalchurches.org and the benefice Facebook page is www.facebook.com/ubfarnhamroyalwithhedgerley.
The Farnham Royal Parochial Church Council is responsible for co-operating with its clergy in promoting the mission and ministry of the churches of St. Mary the Virgin at Farnham Royal, and St. John the Evangelist at Farnham Common. In addition, it is also responsible for the maintenance and care of the two churches and the Brian Jubb Hall at Farnham Common. The Parish of Hedgerley, although part of the United Benefice, is managed by its own Parochial Church Council.
## **2. Objectives and Activities**
1). The objectives of the PCC are defined by the PCC Powers measure 1956 as “to co-operate with the Rector in promoting in the parish the whole mission and ministry of the Church—pastoral, evangelistic, social and ecumenical”
2). As a church family and as individuals, Farnham Royal churches aim to offer worship which is worthy of God. Through worship, prayer and study of Scripture, we seek to know God better, to be conformed to his purposes for our lives, and to be transformed by his Word. In partnership with other Christians in the area, we wish to make his love known to all people within the local community, and further afield.
Our churches rely on the voluntary work of a large number of people, and the PCC wish to acknowledge and record their gratitude and appreciation for all the hard work and service that is put in to keeping the churches running.
## **Public Benefit**
When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion. [Charities Act 2011] These activities include:
- Regular Public worship that is open to all
- Pastoral work, including visiting the sick, the housebound and the bereaved
- Nurture of the Christian faith through sermons small groups and nurture courses.
- Developing links with St. Mary’s C of E School, Farnham Royal
- Promoting the mission of the church through activities for senior citizens, parents and children and other groups.
- Supporting other charities in the UK and overseas.
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## **3. Attendance at Services up to 31[ST] December 2025**
**St. Marys Farnham Royal**
The Electoral roll – 42 Sunday Morning average-18 Baptisms- 2 Weddings- 0 Funerals-1 Crematorium-2 Worshippers on Easter Day 2025: 28. Worshippers on Easter Day 2026: 29
**St. John’s-2025** Electoral roll—36 Sunday Morning average 27 Baptisms-0 Weddings 0 Funerals 4 Crematorium 3 Worshippers on Easter Day 2025: 32 adults and 3 children. Easter Day 2026: 31 Adults and 3 children Christmas Eve Crib Service: 105 adults and 20 children.
## **4. Worship, Mission and Ministry up until December 31[st] , 2025**
Report provided by Reverend Chloe Willson-Thomas, Rector
In June 2025 we appointed our Youth and Community Leader. Jay Njire was welcomed in amongst us, and has, during 2025, increased our social media presence considerably, and made connections within the community. He has also started a Youth Club which is gradually increasing in numbers. His vision is to start a Youth service on a Sunday morning to run alongside the Communion Service. In November he organised the company “I Sing Pop” to do a workshop with the school children at SMFR which was very successful.
We held a Pets Service at Farnham Royal, which was well received, and has now become a yearly event. We continue with our more informal monthly All-Age services, to cater for families and children. Among other Festivals, we held special services celebrating Candlemas in February, St. David in March, and St. George at the end of April. We also held a special children’s Service at Pentecost, and Trinity Sunday. We held well-attended ecumenical services for Remembrance in the churches, and on the Green at Farnham Common. We are still running a Candlelit Healing Service which is based on Celtic Liturgy which attracts a small nucleus of people. Our weekly Wednesday Morning Eucharist service is proving very successful, as more than 15 people attend, and then enjoy fellowship at Costa coffee shop. It is a good act of witness to see so many from the church there.
During Lent, we held our Lent Lunches again, and the course was entitled “From Ashes to Hope—The Journey of Faith” reflecting on the main events from Ash Wednesday to Easter Sunday. Several volunteers from the churches made wonderful homemade soup, and money collected supported the charity UK Med once again.
We held all our usual Easter services this year, and highlights were the ecumenical Walk of Witness walking through Farnham Common and a service in church afterwards, in which both the Living Word and St. John’s Church took part. Our Ecumenical relationships are good, and we plan to do more together in the future. We also held a joint Carol service in December, which was well-attended.
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Our family Easter services included a prayer activity and an Easter Egg hunt. The school held their special services, for Harvest, Christmas, Easter and School leavers at St. Mary’s Church, and Revd. Chloe has given the children talks at St. Mary’s, picking out important symbols in the Christian faith. Revd. Chloe continues to give a weekly assembly to the school, connecting events in the church year to the school’s weekly theme.
Our Christmas services were well-attended. The instant Nativity service at St. John’s Church which is always the most popular service of the year, was absolutely packed out.
We held another Christmas Tree festival at St Mary’s Church Farnham Royal, organised by Jay Njire, Revd. Chloe and Jerry Houdret, and the local community were invited to fill the church with imaginative tree designs.
In May of 2025 we started an Alpha Course at St. John’s Church, which was successful and helped to forge tighter relationships with other churches in the village. This will run once again in April 2026- this time at Farnham Royal.
We still have a Bible study group which runs on a Monday evening on Zoom. This is a valuable and precious time, when we come together to read scripture together and try and understand what it is saying for us today. This is usually led by Revd. Chloe supported by Richard Rooley.
We still hold “Tea and Chat” on a Wednesday afternoon which is a useful time of fellowship. Refreshments are followed by different types of musical entertainment, and all participate.
We continue to be supported by Richard Rooley, Terry Hawkins and Andrew Moore, who, along with Revd. Chloe, form the Benefice ministry team. Our thanks go to them for their dedication and hard work. We have also had the unwavering support of our three organists, Kevin Allen, Rosemary Minchin, and Tony Reading, who have all given their time generously to fill in at services, weddings and funerals.
We also thank Jerry Houdret, Preston Brooker and Shirley Brooker, our hardworking churchwardens, Catherine Moore, our parish administrator, and Terry Hawkins who has acted as sacristan at St Mary’s Church Farnham Royal. And our thanks also go to Roderick Watson, our treasurer, and to Roger Gault and Judith Gault for improving heating at St. John’s and looking after the Brian Jubb Hall, respectively. We thank Terry Hawkins and Sally Pierce for supporting Revd. Chloe during visits to Signature Care Home, and Easter and Christmas services there.
## Special services held:
Remembrance for loved ones, Remembrance Day Service, Carol Service, Crib service, Good Friday Ecumenical Walk of Witness and church service, an ecumenical Christmas Carol Service, All-Age services celebrating Harvest, All Saints, Candlemas, Easter, Pentecost, Mothering Sunday, St. David and St. George.
## **Reports:**
**5. Safeguarding Report 2024-25** Report by Preston Brooker, parish safeguarding officer (PSO) and DBS verifier.
The Safeguarding Lead, Preston Brooker, reports that he has completed all required safeguarding training, including a recent course on managing sex offenders. However, he expresses concern that members of the PCC have not undertaken safeguarding training in recent years. The basic course is available online and should be completed by all members.
Currently, there is one member of the congregation subject to a safeguarding agreement. Another individual previously under an agreement has now left the area.
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## **6. Health and Safety Report for 2025** _Provided by Preston Brooker_
Preston Brooker reports that there are no major health and safety concerns. During the summer, he plans to address the potholes in St John’s Church car park.
## **7. St Mary’s Farnham Royal C of E Church School Report Year ending 2025.** Report provided by Preston Brooker
From next year, the school will reduce its planned admissions to one class of 30 pupils per year, rather than two classes of 25. This change reflects the ongoing issue of insufficient pupil numbers to sustain two classes in each year group.
He has taken on the role of Chair of Governors, which he expects to hold for one year. His wife, Shirley, has also joined the governing body. The Diocese has appointed Toby Long as a governor to support the school. There are currently three vacancies for church governors, as well as one vacancy for a local authority governor. From September 2026, the number of governing body meetings will be reduced to two per term. The school has recently acquired a pop-up swimming pool, enabling all pupils to receive swimming lessons on site. However, there remains a need for a minibus to transport pupils to other schools for sports and related activities.
## **8. St Mary's Church, Farnham Royal. Churchwarden’s Report from APCM 2025 to APCM 2026.** Report provided by Jerry Houdret, Churchwarden
## **I. Fabric**
- As usual we have endeavoured to maintain the Church and Churchyard in a fair, clean, and safe condition.
- There is a major issue with a partially collapsed listed wall from the Churchyard to the neighbours at Old Place, which is under review for full repair in 2026.
- The Bells with the outstanding help of John Davidge, are now able to be rung. We had hoped to start a bellringers training programme as soon as a trainer can be found and would still like to do this.
- There are many new items highlighted in our new Quinquennial which need doing as soon as funds can be found, starting, perhaps, in 2026. We have started to use a generous legacy towards works relating to the wall behind the altar.
- Considering the value of Unrestricted funds held by the PCC, Jerry Houdret will be recommending in 2026/27 that we see if we can do some of the Quinquennial works before the next review.
## **II. Ministry & Mission**
- Thanks to support for Rev Chloe, we also give thanks to Andrew Moore and Richard Rooley, and Terry
- Hawkins together with some assistance from clergy from the Deanery, Regular Services continued throughout the year.
- The churchwarden instigated a regular informal catch-up tea with Rev Chloe. However, these
- meetings no longer occur, though Rev Chloe has suggested these be started again soon, and might include Jay Njire.
- Events are urgently needed to tempt local people with younger people to re-join our church, and Rev
- Chloe is hoping to include a member of the School Parent Teachers Group during this year 2026.
- Now we have our Community and Youth worker, Jay, we hope to start ideas to draw in younger
- congregations with children in 2026
- Having lost my fellow Church Warden at the beginning of 2025 and now having no finance steward,
- a replacement Warden must be found. We hope one can be found in the coming year 2026.
• Jerry Houdret still needs to stand back in the coming year 2026/2027 and we need new PCC Members and at least one new warden to be sought by the Rev Chloe. As the only warden in the last year, will be standing back from most of the workload for health and family reasons in 2027.
## **III. Thank You**
- Madeline Hernandez / Gordon Vipond (refreshments/general duties/sides)
- Terry Hawkins (Sacristan/choir and acting minister)
- Doreen & David Gould (flowers/sides)
- Ros Maidment, Tony Reading. Kevin Allen. Rosemary Minchin (organists)
- Gwion Thomas (choir)
- St John’s wardens for ongoing support: Preston and Shirley Brooker,
## **9. St John’s Church – Churchwarden’s Report for 2025**
Preston Brooker was first elected as Churchwarden in 2012 and served for six years before retiring when Graham Saunders stepped down. A few years later, he was asked by Revd. Chloe to return to the role. Unless someone is willing to take over this year, he intends to serve for one more year before retiring.
Over the past year, attendance at services has improved, particularly on Wednesday mornings. The Quinquennial Inspection was completed last year. The most significant issue identified is the need to replace the car park gate. While some works have been completed, several items remain outstanding.
Some members of the congregation are finding the up lighting in St Johns unsuitable for reading hymn books and orders of service. One suggestion is to turn the up lights downwards, but an electrician appointed to look at the problem advised that the glare would be uncomfortable. He has suggested bringing the lights down. We shall look at the options in 2026. Preston acknowledges the great help given by Shirley, his wife and fellow churchwarden, in standing in when there are gaps in the rotas. We need more volunteers for sides person duties and coffee making after services.
**10. Farnhams Magazine Report April 2025—April 2026.** Report provided by Jerry Houdret, Churchwarden
Our 2024/2025 report outlined concern about the survival of the Magazine. Firstly, to find a new editor because Barry Clarke, wished to stand down in September 2026, as does Jerry Houdret, business manager/deputy chair, for personal health and family issues.
Escalating cost brought on by the Royal Mail and its requirement that they deliver to Hedgerley, means that an extra 600 magazines would need to be printed.
These extra costs added £5,000 a year to our already loss-making magazine. Bringing our magazine fund of three years’ ago from £25,000 to £17,619 by the end of 2025. Losses are predicted in the current year and thus the prospect of closure of the magazine. The magazine committee have decided to cease Royal Mail delivery when the contract ends, and produce only 2,500 copies to distribute around locations, village shops, surgeries, the library and churches, where those wishing a printed copy can collect one
We needed a new team to take on running the magazine. Revd Chloe agreed that if we could find a team to take on the continuity of the magazine, then provided our Benefice enjoyed the same level of input, we would part with financial and editorial responsibility.
We have found a team who wish to make the Magazine a CIC (Community Interest Company) which is what the local library became recently. The associated set up costs for this could be between £5,000 and £7,000.
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## **11. Electoral Rolls Report**
**11a. Electoral Roll Report-St. John’s Church 2025-26.** Report provided by Roger Gault
Following the revision of the Electoral Roll between 10[th] and 24[th] April, the Electoral Roll on 19[th] May 2026 contains 36 names. Two people, Stanley Smith and Peter Cutmore, have died. Two people, Pat Fissenden and Prue Neale are in long term care within the parish. Alan and Marjorie Mabbott are in long term care outside the parish.
**11b. Electoral Roll Report St Mary’s Church Farnham Royal** . Report from: - Doreen Gould
There were 49 on the Electoral Roll last year. 7 have moved way so the Electoral Roll is now 42.
## **12. Deanery Synod Report** . Report provided by Revd. Chloe Willson-Thomas
There were four Deanery Synod Meetings in 2025: Feb. 26[th] , June 7[th] , Sep. 23[rd] and Nov. 26[th] .
The meetings opened with reports given by clergy in the Deanery, about what is happening in their parishes. Presentations were also held about Citizens Advice, Schools Ministry, the “Grow” Course, and “Turning Point”-which helps those with addiction. There was also news of a Youth Workshop planned for February 2026, which both Revd. Chloe and Jay Njire have attended. The main item for discussion was the new Groupings in the deanery which are as follows:
## Four Groupings in the Deanery:
Eastern: Iver & Richings park, Iver Heath, Wexham, Langley Marish Team Ministry
Northern: Britwell, Farnham Royal with Hedgerley, Manor Park, Slough, Upton-cum Chalvey, Stoke Poges.
Jubilee: Burnham, Cippenham, Hitcham, Taplow and Dropmore.
Southern: Colnbrook, Horton and Wraysbury, Datchet, Eton, Eton Wick and Boveney, and Dorney.
This was considered to be the most practical reorganisation. The motion was carried at the meeting on June 7[th ] 2025.
## **13. The Brian Jubb Hall Report to the End of 2025** _Provided by Preston Brooker_
The hall is currently facing financial challenges following the departure of the nursery. Last year, it recorded a loss of £6,077, which included a £2,000 contribution to the parish share. Given the current situation, he considers it unwise to make a similar contribution this year.
At present, the only regular booking is for Rainbows and Brownies, which is insufficient to sustain the hall financially. There have been a small number of recent bookings from a training group, but more consistent usage is needed.
Gratitude is expressed to Ros Walley, who has kindly agreed to take over invoicing and booking management. Preston Brooker will remain the first point of contact, and Roderick Watson will continue as Treasurer. The light in the ladies’ toilet will be repaired shortly.
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## **14. Mission Acton Plan for 20026.** Report provided by Revd. Chloe Willson-Thomas and Jay Njire
We intend to meet as a Benefice in September 2026 at a Vision Day to update our Mission Action Plan. However, the following is our plan for Mission for 2026.
With the help of our new Youth and Communities Leader, we are continuing to focus on outreach, discipleship, and strengthening relationships within our church and local communities. Following the encouraging connections made from our first programme, we are continuing to run a second Alpha Course, including an Alpha Day, providing opportunities for people to explore the Christian faith, ask questions, and grow in fellowship in a welcoming environment.
In addition, we are intending to offer the ‘Parenting Course’, developed by Alpha, particularly for the parents of our Church of England School. This initiative aims to support families, encourage positive relationships, and strengthen links between the church, school, and wider community.
We are also planning a community concert at Farnham Royal Church to encourage wider local involvement and fellowship. Alongside this, we continue to provide a Youth Club, from which a new Youth Service will begin next month, running alongside the Sunday morning service at St John’s. This will create further opportunities for young people to grow in faith and participate more fully in church life.
At Christmas, we intend to organise a fundraising Christmas Market in place of the Christmas Tree Festival held in previous years, with the aim of creating an inclusive event that brings people together from across the community. More generally, our focus is increasingly on events and activities that foster relationships and community as well as services of worship. We also continue to forge stronger Ecumenical relationships.
We recognise the importance of baptisms, particularly, as a welcoming point of connection for newcomers. We therefore hope to reach out more intentionally to families who may wish to use our beautiful churches for a Baptism service or a Service of Thanksgiving for their children, offering both a warm welcome and ongoing support within the church community. These occasions are also a good opportunity to witness to the Christian faith amongst those who do not attend church.
Of course, all these events that we propose are dependent on getting enough volunteers to help.
## **15. Financial Review.** Report provided by the Treasurer, Roderick Watson
The value of the consolidated funds of the Parochial Church Council on 31st December 2025 was £871,820 (2024 £886,650). The consolidated deficit of all funds before unrealized investment gains of £6,480 in investment values, was £21,309 (2024 deficit of £17,915).
Voluntary Income was £42,704 (2024 £64,038). Investment Income £28,412 (2024 £27,322). St John’s Church’s general fund had a deficit of £536 (2024 deficit £7,885) and St Mary’s Church general fund had a deficit of £14.316 (2024 deficit £15,488). St Mary’s church will receive financial support of £14,000 (2024 £16,000) from the PCC general fund. St Mary’s Church received a legacy of £10,000 from the estate of the late Mrs Jean Walker. This is placed in a restricted fund, which will help with costs associated with the recent quinquennial review.
The area deanery has proposed that benefices within the deanery should contribute a parish share in the range of between 80% to 120% of the average costs of an incumbent. Historically the United Benefice of Farnham Royal with Hedgerley has contributed in excess of 120% of the incumbent’s costs average. In 2025 the PCC met the target set by the Deanery. The percentage was 105.6% (2024 107.6%.)
The Brian Jubb church hall lost its main source of income in 2025 when the Montessori school closed, and no suitable replacement could be found. The hall lost £6,077 (2024 loss of £3,929). The Farnhams Magazine lost £2,138 (2024 loss of £6059)
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**16 Risks and Reserves Policy.** Report provided by the Treasurer, Roderick Watson
## **16a Risks**
The two unrestricted designated funds are in some trouble. The Farnhams Magazine has lost the financial support of the civic parish and may have to close or radically change its method of doing business. The balance on its general fund at the end of 2025 was £17,619.
The Brian Jubb Hall’s position is equally problematical, perhaps more so because, unlike the Magazine, it cannot be closed without affecting the functioning of the church since it is planned to hold youth services in the hall at the same time as our main Sunday church service. The fund balance at the end of 2025 was £2,704. At the time of writing, it has not yet been possible to find a replacement for the Montessori nursery school.
The recent decline in church attendances remains the main threat to the long-term viability of the two churches. Attendance at St John’ s Church in the year to April 2026 was 2,420, adults and in the year to April 2025, 2,129, adults. Attendance at St Mary’s Church was 926 adults in the year to April 2026 and 1,102 adults in the year to April 2025. This excludes the Christmas Tree Festival and I Sing Pop concert.
In keeping with Mission Action Plan, the United Benefice has engaged a Youth and Community leader in June 2025 on a three-year contract to assist Reverend Chloe. It is greatly hoped that this appointment will help to reverse the decline in membership. A grant from the diocese will defray only part of the costs. In 2025 the Farnham Royal Parochial share of costs is being borne by the Patsy Kemp Fund, a St Johns Church Restricted Fund. This will help meet only part of the Youth and Community costs planned for 2026. Although we have raised some funds from the congregation for this project, it falls far short of the sums required to cover the three programmes. This means that the balance will have to come from the general reserve.
We maintain a risk register which is reviewed annually.
## **16b. Reserve Policy.**
It is the Parochial Church Council’s policy to review the amount and purposes of all funds to ensure that they are at an appropriate level for their stated purposes. Reserves are reviewed to ensure that they are adequate to meet all likely residual risks associated with the operation of the two churches, including maintenance of the fabric. St Mary’s Church has no reserves and operates at a deficit. St Johns Church has as a small general reserve. The Patsy Kemp restricted fund will be used entirely to help fund the Youth and Community programme.
The architect that conducted the quinquennial survey of both churches has identified and costed work that will need to be tackled over the next five years. This will require careful management.
At the end of 2025 the consolidated unrestricted reserves were £163,553 (2024 £164,391). We consider that the level of unrestricted reserves of the Parochial Church Council remains no more than adequate.
**Signed on behalf of the PCC ……………………………………………………… Rev’d Chloe Willson-Thomas**
**Date: ……………………….**
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## **17. References and Administrative Information.**
## **Reference and Administrative Information – details for 2025**
Clergy: Revd. Chloe Willson-Thomas Churchwardens (ex officio): Mr Jerry Houdret Mr Preston Brooker Mrs Shirley Brooker Deanery Synod Representative: Preston Brooker Elected Members:
Mrs Madeline Hernandez
Mr Gordon Vipond Mrs Sally Pierce
Nominated Officers of the PCC:
PCC Treasurer Mr Roderick Watson Acting PCC Secretary Catherine Moore
Other Nominated Officers Parish Administrator Mrs Catherine Moore Parish Returns Officer Vacant Electoral Returns Officers Mr Roger Gault (St John’s Church) Mrs Doreen Gould (St Mary’s Church) Finance Stewards St Mary’s post is vacant, Mr Roderick Watson the acting Finance Steward.
St John’s Finance Steward is Mr Roger Gault
Site Officers Mr Preston Brooker Parish Health & Safety Officer Mr Preston Brooker
Safeguarding
Lead Safeguarding Officer Mr Preston Brooker Safeguarding Officer St Mary’s Vacant
Principal advisers to the PCC
Bankers
Metro Bank PLC
Independent Examiner
Caroline Brazier, ACA, DchA, The Broadway, Old Amersham Bucks, HP7 0UT
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## **Independent Examiner’s Report**
To the Trustees of Farnham Royal PCC
I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 December 2025 which are set out on pages 11-23
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning
the form and content of financial statements set out in the Charities (Financial statements and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the financial statements to be reached.
## **Use of this Report**
This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my Independent Examination, for this report, or for the opinions I have formed.
**Caroline Brazier ACA, DChA RAA Cansdales The Broadway Old Amersham Bucks, HP7 0UT**
**Date: 20 May 2026**
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**Registered Charity No 1129867**
## **Financial Statements for the year ended 31 December 2025**
## **1 ACCOUNTING POLICIES**
## **(a) Basis of preparation and assessment of going concern**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value except for church properties and investment assets, which are shown at fair value (see 1)
The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair view" This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS102) as amended by the Update Bulletin 1 for accounting period beginning on or after 1 January 2019.
The financial statements are prepared in accordance with the Charities Act 2011. Farnham Royal Parochial Church Council constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Farnham Royal PCC's ability to continue as a going concern. With respect to the next reporting period, 2025 the most significant area of uncertainty that affects the PCC is the volatility in value of investments held as a permanent endowment and the associated income. The financial statements for 2025 have been prepared on an accrual accounting basis and there has been no change to the basis of accounting.
## **(b) Consecrated land, buildings and movable church furnishings.**
Consecrated and beneficed property of any kind is excluded from the financial statements by s.96(2)(a) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as heritage property unless consecrated. They are listed in the churches' inventory which can be inspected at any reasonable time.
All expenditure incurred in the year on consecrated or benefice buildings, individual items under £1,500 or on the repair of movable church furnishings is written off in the year that the expenditure is incurred. Other land and buildings owned by the PCC are shown on a valuation basis in accordance with the Financial Reporting Standard 102 - i.e., full valuation every 5 years.
## **(c) other property, fixtures, fittings & office equipment**
Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1,500 or less are written off when the asset is acquired
The freehold properties held by the church are not depreciated as they are maintained in good working order into perpetuity and are therefore deemed to have an indefinite economic life. Annual impairment reviews have so far confirmed that their service potential remains undiminished.
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## **(d) Current Assets**
Amounts owing to the PCC on 31st December 2025 in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit with the Metro Bank PLC
## **(e) Funds**
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC.
Funds designated for a particular purpose by the PCC are also unrestricted. Restricted Funds can only be used for the purpose for which they have been given.
Endowment Funds are permanent endowments and bequests of capital where the capital is used to generate income for either restricted or unrestricted funds.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members and other parishioners such as the Benefice Buzz group.
## **(f) Income**
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received.
Income tax recoverable on gift aid donations is recognised in the year that donations are received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable.
Funds raised by a fete, garden party or similar events is normally accounted for gross.
## **(g) Other ordinary income**
Rental income from the letting of church premises is recognised when the rental is due.
## **(h) Income from investments**
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year as the income to which it relates.
## **(i) Gains and losses on investments**
Investments are valued at fair value on 31st December 2025
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments on 31st December 2025.
13
Unrestricted income can be used for running the Parish or in whatever way is agreed by the PCC. Restricted income is to be used solely for the purpose for which it was donated.
Endowment income is income from endowments and is then transferred to Restricted or Unrestricted Income depending on the conditions of the Endowment.
## **(j) Expenditure**
Resources used are included on an accrual’s basis inclusive of any VAT, which is not recoverable.
Grants and Donations for missionary and charitable giving are accounted for when paid over, or when awarded if that award creates a binding obligation on the PCC.
While it is the general policy of each that each church is responsible for meeting its running expenses including the payment of Diocesan and Deanery shares, Currently St Mary’s Church requires financial assistance from the PCC General fund. Ministry and Benefice Office costs are paid by the PCC largely from endowment income.
St Mary’s Church Hedgerley shares, ministry and benefice office costs.
## **(k) Activities directly relating to the work of the Church**
The parish share or diocesan quota is accounted for when due. Any element of the parish shares which is provided for in these financial statements as an operational (though not a legal) liability and is shown the PCC intends to pay but is unpaid on 31st December 2025 is treated as a creditor in the balance sheet. Church management and administration costs relate solely to activities directly relating to the work of the church as grants and donations are administered by volunteers.
## **(l) Employee Pensions**
There are no pensionable employees.
## **(m) Fund raising and publicity costs**
The PCC makes appeals for funds to its members from time to time; expenditure is solely on printing and distribution.
## **(n) The Farnhams’ Magazine**
This publication is under the general direction of the Farnham Royal Parochial Church Council and is distributed free throughout the area. While in the past a small grant towards distribution costs was received from the parish council, no grant was received in 2025. There is a management committee with a minority of co-opted members who are not on the electoral roll of the parishes of the United Benefice.
## **(o) Governance costs**
This represents direct expenditure on the governance of the church and is included in the accounts under Management and Administration. Most of the management is carried out without charge by volunteers.
This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service.
14
## **PAROCHIAL CHURCH COUNCIL OF FARNHAM ROYAL** Charity 1129867
**(CHURCHES OF ST MARY THE VIRGIN FARNHAM ROYAL AND ST JOHN THE EVANGELIST FARNHAM COMMON)**
## **Balance Sheet As of 31[st] December 2025**
|**2024**
**£**
**NOTE**
FIXED ASSETS
Investment assets
Tangible fixed assets
£762,512.38
ii
CURRENT ASSETS
£15,705.58
Debtors and Prepayments
iv
£132,384.11
Cash at Bank and in hand
iii
£148,089.69
NET CURRENT ASSETS
-£24,805.56
LIABILITIES: Amounts falling due w
V
-£24,805.56
£885,796.51
FUNDS:
Vi
£164,391.32
Unrestricted
£28,538.13
Designated
£48,984.52
Restricted
£644,735.61
Endowment Funds
£886,649.58|**2025**
£768,991.86|
|---|---|
||£23,998.47
£98,317.34|
||£122,315.81
-£19,487.48|
||£102,828.33|
|||
||£871,820.19|
||£163,553.74
£20,322.88
£32,767.25
£655,176.32|
||£871,820.19|
The Balance Sheet should be read in conjunction with the notes attached and the Financial Statements
Chair:
Reverend Chloe Willson-Thomas
Honorary Treasurer Roderick WatsonDate
15
**PAROCHIAL CHURCH COUNCIL OF FARNHAM ROYAL, BUCKINGHAMSHIRE**
## **Notes to the Balance sheet as of 31st December 2025**
- The Brian Jubb Hall is considered to be part of the St John's Church premises and therefore not a realisable asset in the accounts. Church premises and the Rectory do not belong to the PCC, and do not form part of these accounts.
- The investment fund managers of the endowment funds and the unrestricted, Church Estate Charity, are CBF Church of England Diocesan Fund Managers (managed by CCLA), CCLA COIF Charities Investment Fund and M & G Investments as fund managers for Charifund
The main endowment fund has a broad charitable purpose as follows:
"Income to be used for the religious and other charitable work of the C.of E. in the ecclesiastical Parish of Farnham Royal."
Investments are shown at market value (bid market prices)at 31st December 2025
|CCLA COIF Charities Investment Units
CBF Cof E Investment Fund Income Shares
M & G Charfund|**2025**
**2024**|
|---|---|
||271,607.17
£
£285,262.11
281,642.48
293,370.88
£215,742.21
183,879.39|
||£768,991.86 £762,512.38|
|iii
**BANK ACCOUNTS**
St Marys Current Account 41195711 with Metro Bank
47855541
In transit
ST Marys Restoration Account with Natwest 47855541
ST Marys Restoration account 41302380with Metro Bank
St Johns Current Account 41195738 with Metro Bank
PCC Current Account 41195729with Metro Bank
PCC Reserve Account 41302313 wuth Metro Bank
PCC Business Reserve Account 47841672 with Natwest
Magazine Deposit Account
Magazine Current Account|**2025**
**2024**|
|---|---|
||£3,781.72
£1,788.02
£326.07
£327.07
400.00
0.00
557.69
0.00
3,608.95
9,095.36
53,690.29
80,166.59
31,604.83
31,337.42
199.82
197.61
0.00
4,147.97
9,472.04|
||£98,317.34 £132,384.11|
16
|**iv**
**DEBTORS AND PAYMENTS IN ADVANCE**
Interest and dividends have not been accrued.
Prepayments
Gift aid Recoverable
Owing for Virger and organist services
St Mary's Hedgerley - net balance
Other debtors , prepayments and accruals
Magazine AND Hall debtors
Other|**2025**
**2024**|
|---|---|
||2,127.07
£1,909.97
185.35
£16,659.87
8,764.32
260.00
300.00
2,353.23
3,562.28
185.35
96.28
2,396.25
872.50
16.70
14.98|
||£23,998.47
£15,705.68|
## **v INCOME IN ADVANCE, CREDITORS & ACCRUALS (Sums to be paid within one year)**
|Provisions for quinquennial work
Provision for quinquennial inspections
Held for Buzz
Natonal Insurance
Employers NI
NEST
Parish Magazine
Independent Examination
Diocese of Oxford ( share of fees)
Accrual electrics
Choir party provision ( Part of patsy Kemp bequest )
Cleaning
St John Gift Aid
HMRC
Other creditors|**2025**
**2024**|
|---|---|
||£0.00
3,456.00
2,168.11
2,168.11
855.63
2,267.20
150.27
5,925.00
9,837.50
2,520.00
2,300.00
1,573.00
520.00
1,521.06
0.00
300.00
300.00
107.00
1,649.53
-402.34
0.00
853.02
0.00|
||£19,487.48
£18,581.61|
## **VI. Funds (See also Fund Analyses)**
## **Designated Funds include:**
The following funds are in active use
- The Brian Jubb Hall Fund (D10)which is under the direct control of the PCC through a management committee.
- The "Farnhams" Magazine fund ( D9) holds is under the general direction of the PCC with an very occasional grant from the Parish Council. The management committee consists of PCC members and others co-opted from the wider community.
## **The purposes of the Restricted Funds:**
The purposes of the Restricted Funds are shown below and the amounts detailed in Note 5
- The Robin Kemp Training Fund (R4) is "for enabling, encouraging and enhancing training wherever this might benefit the teachers and the taught".
- The Mission Fund (R7) is "to encourage interest in and to support mission".
- The St Johns Church Organ Fund (R6) to provide for expenses related to the St Johns Church organ.
17
- The Stanley Bedwell Legacy Fund (R 8)was established for "the ministry and mission of the Parish of Farnham Royal"
- St Mary's Tower Appeal Fund (R12) is to resource the maintenance of the clock and tower
- The St John's Fabric Fund (R13)represents funds raised specifically for the provision, maintenance and repair of the church fabric.
- The St Johns Rabitt Memorial Choir Fund (R14) receives income from the Rabbitt Memorial Endowment to provide choir robes ,music and any other related item.
- The St John's Heating and Lighting Fund (R15) incorporating the Centenary Fund is to provide resources to improve the heating and lighting at St Johns.
- The St John's Sound Sytem Fund ( R18) was created following an anonymous donation to improve the St John's Church Sound system
- The Patsy Kemp Legacy Fund ( R16 )for use by St Johns Church to be put towards something quite specific , with a defined outcome, rather than contributing to the general running costs of the Church.
- The Jean Porter Legacy (R17) is for the use of St Johns Church.
- The Douglas Campbell legacy (R19) is for the benefit of St Johns Church
- The Rabbitt Choir Fund (E4) investment is a permanent endowment from which the direction is: "To provide income for choir robes, music and any other related item".
- The Peckham Bequest (E5) is an original endowment of £20.90 which provides income towards the upkeep in good order of St Mary's FR churchyard
- The Youth and Community Fund (R 20) is made form donation to support yout and community work in the Benefice of Farnhams with Hedgerley.
- Jean Walker Legacy (R21) for the benefit of St Marys Church.
The remaining Endowment Funds arise from the sale of Church property within the parish. They are subject to a Charity Commission Scheme which appointed the Oxford Diocesan Board of Finance as custodian and the PCC as managers 3 funds arising from the sale of St John's House ( E1 ,E2 and E3) have been merged into one (E1). A further fund entitled 7 Rectory Close (D8 ) has been reclassified as an Endowment Fund and merged into E1. The income from the Endowment Funds, E1, is used for the religious and other charitable work of the Church of England in the Ecclesiastical Parish of Farnham Royal and is included in the General Fund U1.
18
## PAROCHIAL CHUCH COUNCIL OF FARNHAM ROYAL, BUKINGHAMSHIRE
## **Statement of Financial Activities for the Year Ended on 31[st] December2025**
|**INCOME**
Tax Efficient planned giving
Other planned giving (no gift aid)
Collections at services
Collection at servces no gift aid
All other giving and voluntary receipts,including special appeals (recurring and one off)
All other giving and voluntary receipts (no GA) ncluding special appeals (recurring and one off)
Gift aid recoverable
Legacies received capital value
Grants (include recurring and one off) and other
Other
Total voluntary income
**Activities for generating fund**
Gross income from fund raising activities
**income from Investments**
Dividends Interest,income from property
Land Rent
**Income from Church activities**
Statutory fees retained by the PCC ( weddings ,funerals etc)
Gross Income from trading ( e.g hall magazines, bookstalls)
Other income (inc provisions no longer required)
Contribution towards benefice costs from Hedgerley
Contribution towards Youth and Communiuty Project
**Total Income**
**Costs of generating income**
Cost of Trading ( Magazine)
**Church activities**
Mission giving and donations
Diocesan parish share contributions
Deanary contribution
Salaries wages administrator
Clergy and Warden expenses
Other ministry expenses candles wafers wine
Benefice office expenses
**Church expenses**
**EXPENDITURE**
Church expenses mission and evangelism
Hymn books
Youth and Community
Church running expenses
Church and hall utility bills
Benefice office Electricity
Cost of trading
Sub total above expenditure
**Major expenditure not capitalised**
Major maintenance and repairs to church buildings
Major repairs to church hall or other PCC property,including redecoration
New building work to the church, chucrh hall, clergy housing and other PCC property
**Sub total of all expenditure items above**
Examiners fee
Other fees
Other payments
Youth and Community
For Governance costs see notes
**Total expenditure**
Income
Normal expenditure
Income less normal expenditure
One off expenditure
**NET INCOME & EXPENDITURE before investment gains/losses**
**Unrealised gains and losses**
**NET INCOME & EXPENDITURE AFTER investment gains/losses**
Balances brought forward
**Balances at 31 December**|**Unrestricted**
**Restricted**
**Endowed**
**Total**|
|---|---|
||**£**
**£**
**£**
**£**
22,053.00
0.00
0.00
22,053.00
6,778.67
0.00
0.00
6,778.67
966.70
0.00
0.00
966.70
2,484.38
0.00
0.00
2,484.38
7,614.42
0.00
0.00
7,614.42
1,520.73
0.00
0.00
1,520.73
6,169.62
6,169.62
436.25
750.00
100.00
1,286.25|
||41,854.15
6,919.62
100.00
48,873.77
0.00
0.00
0.00
0.00|
||41,854.15
6,919.62
100.00
48,873.77|
||28,412.37
0.00
0.00
28,412.37
£1,059.96
£0.00
£0.00
1,059.96
1,679.21
0.00
0.00
1,679.21
18,929.50
4.72
18,934.22
3,040.39
0.00
0.00
3,040.39
4,004.18
30.00
0.00
4,034.18
5,828.51
0.00
0.00
5,828.51|
||62,954.12
30.00
4.72
62,988.84|
||104,808.27
6,949.62
104.72
111,862.61|
|||
|||
||793.52
0.00
0.00
793.52
46,833.00
0.00
46,833.00
250.00
250.00
6,633.71
6,633.71
2,260.04
2,260.04
696.46
696.46
126.53
126.53|
||57,593.26
0.00
0.00
57,593.26|
||£14,614.71
£647.73
15,262.44
£11,929.92
11,929.92
0.00
20,679.07
20,679.07|
||£47,223.70
£647.73
£0.00
£47,871.43|
|||
||**£104,816.96**
**£647.73**
**£0.00**
£105,464.69|
||£1,168.20
1,168.20
0.00
0.00|
||£1,168.20
£0.00
£0.00
£1,168.20|
|||
||**£105,985.16**
**£647.73**
**£0.00**
**£106,632.89**|
||£2,590.00
£225.00
2,815.00
£1,944.98
1,944.98
£160.12
160.12
£21,618.88
21,618.88|
||£4,695.10
£21,843.88
£0.00
£26,538.98|
|||
||**£110,680.26**
**£22,491.61**
**£0.00**
**£133,171.87**|
||**£104,808.27**
**£6,949.62**
**£104.72**
**£111,862.61**
**£110,680.26**
**£22,491.61**
**£0.00**
**£133,171.87**|
||**-£5,871.99**
**-£15,541.99**
**£104.72**
**-£21,309.26**|
|||
||**-£5,871.99**
**-£15,541.99**
**£104.72**
**-£21,309.26**|
|||
||-£3,960.84
£10,440.71
£6,479.87|
|||
||**-£9,832.83**
**-£15,541.99**
**£10,545.43**
**-£14,829.39**|
||£192,929.45
£48,984.52
£644,735.61
£886,649.58|
||£183,096.62
£33,442.53
£655,281.04
£871,820.19|
19
## **Notes to Statement of Financial Activities**
## **I. Remuneration and Expenses of PCC members**
The stipend of the Rector is paid by the Diocese out of a fund raised by the parishes through the Parish Share system. The expenses paid to the clergy of the United Benefice was £ 1,948 (2024: £2,057). Other members of the PCC do not receive any remuneration. Specific small items of purchased by individuals for the two churches are reimbursed.
- **II.** Donations before gift aid made by trustees (PCC members) in 2025 were £xxx (2024: £8,721)
- **III.** The lease of the Church Office copier is being renewed annually. The charge is now per copy only.
- **IV.** The fee for the Independent Examiner is £1,950 before VAT (2024 £1,950)
- **V.** The PCC has one employee, the Youth and Community Leader and who worked from June onwards and was paid £15,365. The Administrator in 2025 was Self-employed and invoiced the PCC for hours worked.
- **VI.** There was no capital expenditure incurred in 2025 (2024 nil)
**VII.** Analysis of Funds by accounting unit for the year ended 31st December 2025
20
## **5.(VII) Analysis of funds by accounting unit**
|**for the year ended 31 December 2025**
**Income**
Donations including gift aid
Legacies
Grants
Other voluntary receipts
Income from other fund raising activities
Rent
Contribution to benefice costs and youth and commuity costs from St Marys Hedgerley
Fees
Income from trading (hall lettings )
Magazine advertising Income
Other income
Income from investments
Provisions no longer required
**Total Income**
**Expenditure**
Costs of generating income
Fund raising activities( cost and payments)
Church activities
Mission giving and donations
Diocesan parish share contributions
Deanery contribution
Salaries wages and honoraria
Clergy and Warden expenses
Other ministry expenses candles wafers wine
benefice office expenses
Church expenses
Church expenses mission and evangelism (youth and commnunity)
Running expenses
major chuch repairs &modificatios
Church utility bills
Quinquennial insection
Cost of trading
Independent examiners fee
Bank charges
Youth and Community Project
Other payments
Prior year adjustment/writeoffs
**Total Expenditure**
Net Income before investment gains /losses and transfers
Transfers
Net income after transfers before investment gans/ losses
Unrealised Investment gains /lossses
Net Income after transfers and unrealised gains /losses
Balances brought forward
Balances at 31 December 2024|**St Marys**
**St Johns**
**The Brian**
**Farnhams**
**Parochial**
**Total**
**Church**
**Church**
**Jubb Hall**
**Magazine**
**Church Council**|
|---|---|
||£
£
£
£
£
£
13,368.74
26,728.43
750.00
856.98
41,704.15
1,000.00
1,000.00
6,169.62
6,169.62
0.00
246.36
246.36
1,059.96
1,059.96
9,832.69
9,832.69
832.00
656.00
189.00
1,677.00
1,168.25
1,168.25
4.72
17,761.25
17,765.97
150.00
1,806.18
30.00
50.35
2,036.53
371.03
28,043.55
28,414.58
787.50
787.50|
||15,415.42
36,977.62
1,168.25
18,541.25
39,760.07
111,862.61|
||20,679.07
20,679.07
0.00
0.00
43.52
750.00
793.52
21,369.00
21,369.00
2,000.00
2,095.00
46,833.00
250.00
250.00
7,118.71
7,118.71
2,260.04
2,260.04
696.46
696.46
126.53
126.53
200.00
200.00
0.00
5,372.47
3,909.10
2,559.65
2,736.22
14,577.44
1,168.20
1,168.20
3,255.06
4,182.65
2,686.03
1,806.18
11,929.92
0.00
0.00
2,815.00
2,815.00
0.00
21,618.88
21,618.88
1,959.69
1,959.69
145.41
145.41|
||30,040.05
52,997.83
7,245.68
20,679.07
22,209.24
133,171.87|
||-14,624.63
-16,020.21
-6,077.43
-2,137.82
17,550.83
-21,309.26|
||14,000.00
-14,000.00
0.00|
||-624.63
-16,020.21
-6,077.43
-2,137.82
3,550.83
-21,309.26|
||0.00
0.00
0.00
0.00
6,479.87
6,479.87|
||-624.63
-16,020.21
-6,077.43
-2,137.82
10,030.70
-14,829.39|
||11,497.60
39,176.00
8,781.09
19,757.04
807,437.85
886,649.58|
||10,872.97
23,155.79
2,703.66
17,619.22
817,468.55
871,820.19|
21
|**5(viii)Movement of funds grouped by categories of fund**
**Unrestricted**
PCC General Fund
**U1**
PCC Reserve
**U2**
St Marys General Fund
**U5**
St Johns General Fund
**U6**
**Designated**
Parish Magazine Fund
**D9**
Brian Jubb Hall Fund
**D10**
**Restricted**
PCC Peckham Proceeds Fund
**R1**
Robin Kemp Training Fund
**R4**
St Johns Carpark and Grounds
**R5**
St Johns Church Organ Fund
**R6**
PCC Mission Fund
**R7**
PCC Reverend Stanley Bedwell Legacy Fund
**R8**
Restoration Fund
**R11**
St Marys Tower Fund
**R12**
St Johns Fabric Fund
**R13**
St Johns Proceeds of Rabbitt Fund for Choir
**R14**
St Johns Heating and Lighting Fund
**R15**
PCC Patsy Kemp Fund
**R16**
St Johns Jean Porter Legacy Fund
**R17**
St Johns Sound System Fund
**R18**
Douglas Campbell Legacy Fund
**R19**
Youth and Community Fund
**R20**
Jean Walker Legacy
**R21**
**Permanent Endowments**
Amalgamated Fund
**E1**
Rabbitt Choir Endowment Fund
**E4**
Peckham Bequest Fund
**E5**|**Balances at**
**January 2025**
**Income less**
**expenditure**
**Transfers**
**Investment**
**gains/losses**
**Balances at 31**
**December**
**2025**|
|---|---|
||£
£
£
£
£
18,129.64
17,506.21
-14,000.00
21,635.85
136,796.24
269.62
-3,960.84
133,105.02
977.74
-14,315.62
14,000.00
662.12
8,487.70
-336.95
8,150.75|
||164,391.32
3,123.26
0.00
-3,960.84
163,553.74|
||19,757.04
-2,137.82
17,619.22
8,781.09
-6,077.43
2,703.66|
||28,538.13
-8,215.25
0.00
0.00
20,322.88|
||22.29
0.00
22.29
4,853.45
-225.00
4,628.45
0.38
0.00
0.38
23.68
0.00
23.68
376.56
0.00
376.56
2,500.00
2,500.00
300.00
-113.73
186.27
219.86
-195.28
24.58
946.57
946.57
941.48
-234.00
707.48
0.00
0.00
24,938.00
-15,449.26
9,488.74
0.00
0.00
2,440.75
2,440.75
0.00
0.00
1,421.50
1,421.50
10,000.00
10,000.00|
||48,984.52
-16,217.27
0.00
0.00
32,767.25|
||630,896.62
10,993.95
641,890.57
13,353.03
-533.82
12,819.21
485.96
-19.42
466.54|
||644,735.61
0.00
0.00
10,440.71
655,176.32|
|||
||886,649.58
-21,309.26
0.00
6,479.87
871,820.19|
22
## **VIII. Summary of Movement of Fund Balances by unit**
|**Parochial Church Council**
PCC Amalgamated Fund
**E1**
PCC Rabbitt Endowment
**E4**
PCC Peckham Bequest
**E5**
PCC Reserve Fund
**U2**
PCC Income from Peckam Endowments
**R1**
PCC General Fund
**U1**
PCC The Robin Kemp Training Fund
**R4**
St Johns Carpark and Grounds
**R5**
PCC Organ Fund for St Johns
**R6**
PCC Mission Fund
**R7**
PCC The Stranley Bedwell Legacy Fund
**R8**
**St Johns Church Farnham Common**
St Johns Church General Fund
**U6**
St Johns Church Fabric fund
**R13**
St Johns Church Rabbitt Choir and Organ Proceeds Fund
**R14**
St John Church Heating and Lighting Fund
**R15**
St Johns Church Patsy Kemp Legacy
**R16**
St Johns Church Jean Porter Legacy
**R17**
St Johns Church Sound System Fund
**R18**
Douglas Campbell Legacy
**R19**
St Johns Youth and Community Fund
**R20**
**St Marys Church Farnham Royal**
St Marys General Fund
**U5**
St marys Restoration Fund
**R11**
St Marys Church Tower Fund
**R12**
Jean Walker Legacy
**R21**
The Farnhams Magazine Fund
**D9**
The Brian Jubb Hall Fund
**D10**|**Balances at**
**January 2024**
**Income less**
**expenditure**
**Transfers**
**Investment**
**gains/losses**
**Balances at 31**
**December**
**2024**|
|---|---|
||0.00
630,896.62
10,993.95
641,890.57
13,353.03
-533.82
12,819.21
485.96
-19.42
466.54
136,796.24
269.62
-3,960.84
133,105.02
22.29
22.29
18,129.64
17,506.21
-14,000.00
21,635.85
4,853.45
-225.00
4,628.45
0.38
0.38
23.68
23.68
376.56
376.56
2,500.00
2,500.00|
||807,437.85
17,550.83
-14,000.00
6,479.87
817,468.55|
||8,487.70
-336.95
8,150.75
946.57
946.57
941.48
-234.00
707.48
0.00
0.00
24,938.00
-15,449.26
9,488.74
0.00
0.00
2,440.75
2,440.75
0.00
0.00
1,421.50
1,421.50|
||39,176.00
-16,020.21
0.00
0.00
23,155.79|
||977.74
-14,315.62
14,000.00
662.12
300.00
-113.73
186.27
219.86
-195.28
24.58
10,000.00
10,000.00|
||11,497.60
-14,624.63
14,000.00
0.00
10,872.97|
||19,757.04
-2,137.82
17,619.22
8,781.09
-6,077.43
2,703.66|
||28,538.13
-8,215.25
0.00
0.00
20,322.88|
|||
||£886,649.58
-£21,309.26
£0.00
£6,479.87
£871,820.19|
23
## 6 .Investments
|||||**Opening Balances at 1 /1/2025**|**Opening Balances at 1 /1/2025**|**Opening Balances at 1 /1/2025**|**Opening Balances at 1 /1/2025**|**Opening Balances at 1 /1/2025**|**Closing Balances 31/12/2025**|**Closing Balances 31/12/2025**|**Closing Balances 31/12/2025**|**Closing Balances 31/12/2025**|**Closing Balances 31/12/2025**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Fund**|**6 (a)Capital**|||**Restricted**
Total|||||**Units**
**Closing**
**By**
**Price bid value**
**Unrealised**
**Value @ 31/12/2025 Fund**
**31/12/2025**
**Gain/Loss**|||||
|**U2**
**U2**
**E5**
**E4**
**E1**
**E1**
**E1**|**Description**||**Units in**|**Unrestricted**
**By Fund**
**Endowment**
**By Fund**
**£43,466.00**||||||||||
||CCLA COIF Charities Investment Fund Income Units
M & G Charifund
CCLA CBF C Of E Investment Fund Income Units
CCLA CBF C Of E Investment Fund Income Units
CCLA CBF C Of E Investment Fund Income Units
CCLA COIF Charities Investment Fund Income Units
M & G Charifund||5,430.110
515.000
21.000
577.470
12,089.100
8,626.850
11,973.406|£110,194.85|||||**5,430.110**|**£104,920.04**||£19.32|-£5,274.81|
|||||£7,582.86|||||**515.000**|**£8,896.83**||£17.28|£1,313.97|
||||||£117,777.71||£117,777.71|£117,777.71|||**£113,816.87**||-3,960.84|
|||||||||||||||
|||||||£485.58|£485.58|£485.58|**21.000**|**£466.16**|**£466.16**|£22.20|-19.42|
|||||||£13,352.67|£13,352.67|£13,352.67|**577.470**|**£12,818.85**|**£12,818.85**|£22.20|-533.82|
|||||||||||||||
|||||||£279,532.63|||**12,089.1000**|**£268,357.47**||£22.20|-11,175.16|
|||||||||||||||
|||||||£175,067.26|||**8,626.850**|**£166,687.13**||£19.32|-8,380.13|
|||||||||||||||
|||||||£176,296.43|£630,896.32|£630,896.32|**11,193.406**|**£206,845.38**|**£641,889.98**|£18.48|30,548.95|
||||||||||||||10,993.66|
||||39,232.936
£117,777.71
£117,777.71
£644,734.57
£762,512.28
£762,512.28||||||**38,453**
**£768,991.86**
**£768,991.86**||||6,479.58|
||**CCLA COIF Charities Investment Fund Income Units**
**M & G Charifund**
**CBF C Of E Investment Fund Income Units**
**CBF Deposit**
**Church Estate Charity**
**Peckham (Graveyard maitenance in perpetuity)**
**Rabbitt Choir Fund , St Johns**
**Farnham Royal Ecclesiastical**||||||£285,262.11
£183,879.29
£293,370.88
£762,512.28|||£271,607.17
£215,742.21
£281,642.48
£768,991.86
£113,816.87
£466.16
£12,818.85
£641,889.98
£768,991.86|||_6,479.58_
-13,654.94
31,862.92
-11,728.40|
||||||||||||||6,479.58|
||||||||||||||-£3,960.84
-19.42
-533.82
10,993.66|
||||||||||||||£6,479.58|
24
|6(b)
**Investment Income**|6(b)
**Investment Income**||||||**Q2**|**Q3**
**Q4**|**Q3**
**Q4**|**Q3**
**Q4**|
|---|---|---|---|---|---|---|---|---|---|---|
|**Fund No **|**Investment**|**2025**|**2024**|**2023**|**2022**|**2021**||**2025**|||
|||**Total**
**Income**|**Total**
**Income**|**Total**
**Income**|**Total**
**Income**|**Total**
**Income**|||||
||||||||||||
|**U2**
**U2**
**E5**
**E4**
**E1**
**E1**
**E1**|CCLA COIF Charities Investment Fund Income Units
M & G Charifund
CCLA CBF C Of E Investment Fund Income Units
CCLA CBF C Of E Investment Fund Income Units
CCLA CBF C Of E Investment Fund Income Units
CCLA COIF Charities Investment Fund Income Units
M & G Charifund|**£4,894.03**|£2,999.58|£2,958.32|£2,946.92|£2,871.44|£1,212.94||£1,212.94|£1,255.21|
|||**£486.68**|£463.52|440.33|427.36|381.11|£128.75||£115.88|£169.95|
||||||||||||
||||||||||||
|||**£13.50**|£13.18|12.98|12.91|12.50|£3.34||£3.34|£3.48|
|||**£371.03**|£362.36|356.82|354.36|343.18|£91.82||£91.82|£95.57|
||||||||||||
|||**£7,767.26**|£7,585.92|7,469.85|7,428.74|7,184.57|£1,922.17||£1,922.17|£2,000.75|
||||||||||||
|||**£3,080.49**|£4,765.48|4,699.91|4,681.79|4,561.88|£763.47||£763.47|£790.08|
||||||||||||
|||**£11,314.85**|£10,775.76|10,237.26|9,937.93|8,860.31|£2,993.35||£2,694.02|£3,951.22|
||||||||||||
|||**£27,927.84**|**£26,965.80**|**£26,175.47**|**£25,790.01**|**£24,214.99 **|**£7,115.84 **||**£6,803.64**|**£8,266.26**|
|% Annual Increase /decrease
CCLA COIF Charities Investment Fund Income Units
M & G Charifund
CCLA CBF C Of E Investment Fund Income Units||**3.57%**
**3.02%**
**1.49%**
**6.50%**
**5.52%**
£7,974.52
£7,765.06
£7,658.23
7,628.71
7,433.32
£11,801.53
£11,239.28
£10,677.59
10,365.29
9,241.42
£8,151.79
£7,961.46
£7,839.65
7,796.01
7,540.25
**£27,927.84**
**£26,965.80**
**£26,175.47**
**£25,790.01**
**£24,214.99**|||||||||
25