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2025-12-31-accounts

ST LUKE'S CHURCH

Norfolk Road, Maidenhead

ANNUAL REPORT & FINANCIAL STATEMENTS

OF

THE PAROCHIAL CHURCH COUNCIL

for the year ended 31st December 2025 Registered with the Charity Commission, No 1129951

Vicar: The Revd Sally Lynch until 7[th] August 2025 Churchwardens: Jacqueline Lewis and Clare Price

Treasurer: Bev Botting

Secretary to the PCC: Smita Bora

Bankers: Royal Bank of Scotland PLC and Lloyds Bank PLC 45 High Street, Maidenhead, SL6 1JS

Independent Examiner: Antonio J Shiafkou FCA

Parochial Church Council of St. Luke’s Parish Church, Maidenhead Annual Report for 2025

Aims and Purposes

St Luke's Parochial Church Council (PCC) has the responsibility for co-operating with the incumbent, the Reverend Sally Lynch and the Churchwardens during interregnum, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is specifically responsible for the maintenance of all the church buildings, these all being situated in Norfolk Road, Maidenhead. It is also responsible for safeguarding in all aspects of the church’s life.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at the church and to become part of the parish community at St. Luke’s. The PCC maintains an overview of worship throughout the parish. Worship and other activities put faith into practice through prayer, scripture, music and sacrament.

When planning activities for the year, the PCC has considered the Charity Commission’s guidance on public benefit and the supplementary guidance on charities for the advancement of religion. The PCC tries to enable people to live out their faith through:

Safeguarding continues to be a major consideration for the PCC, with regular reviews taking place during the year. The PCC has also reviewed the church’s Safeguarding Policy, and has complied with its duty to have due regard with the House of Bishops guidance on safeguarding children and vulnerable adults. In 2021 the Diocese of Oxford launched the Safeguarding Dashboard for each parish. This parish has complied fully with it and is currently at level 3 of 3. The PCC ensures all those required to do so undertake the relevant nationally provided safeguarding training,

Achievements and Performance

Worship and Prayer

Our main service continued to be a Parish Communion service at 10.00am on Sunday, also offered on Zoom. A quieter and more contemplative Service of Holy Communion at 8.00am also took place once a month, alongside a weekly service at 10.00am on Wednesdays. In partnership with All Saints, Boyne Hill and the Church of the Good Shepherd, Cox Green, we offered a variety of evening services through the Sundays at Six programme. We continued to have an All-Age Communion service on the first Sunday of the month. Baptisms took place at midday on Sundays (mainly) and also within the 10am Sunday Communion service. A Christian Enquirers course ran on Wednesday evenings during February and March to explore the basics of Christian belief over coffee and biscuits.

We continued to offer zoomed Morning Prayer from Tuesday to Saturday (Tuesday to Friday during interregnum), and Evening Prayer on Friday until interregnum.

St Luke’s had joined with other churches in the town on the World Day of Prayer on 7th March, and some members took part in the Good Friday Walk of Witness.

We held our APCM on 2nd March at which Revd. Sally announced her retirement.

A ‘Taking it Further…’ day was held on 8th March for those who attended the Alpha course last

1

year or those interested in exploring more about Christianity and living as a disciple of Jesus.

Our Lent course used the ‘Come and See’ videos and Diocese of Oxford resources by Bishop Stephen after the Wednesday and Sunday 10am services.

In May, we enjoyed a quiet day at St Michael’s Convent, Gerrards Cross.

A Baptism Anniversary service and party took place on 11th May,

A Bible Study Course, exploring the book of Genesis, took place in May.

Our Advent and Christmas services were well attended. Our Carol service was held in-person and also on Zoom. On Christmas Eve, we held a well-attended Crib service. A variety of School Carol services were held during December.

Samantha Fiordelisi continued in her post as Children and Family Leader. Her role continued to include involvement with the Baby and Toddler group and Messy Church, as well as the development of strategies to enable and support the growth of children and families during Sunday worship. Pram Services were held at the start of the year, before Revd. Sally retired.

A permanent Director of Music continued to be sought so our music remained a combination of visiting organists/pianists and recorded music. Adam Went, our former Director of Music/Organist, returned to St. Luke’s part way through the year and, at the end of the year, we were delighted to hear that he would be appointed as Director of Music again.

Diocesan/Deanery Synod

Three lay members of the PCC sit on Deanery Synod, alongside the clergy. This provides the PCC with an important link between the parish and the wider structure of the church.

C hu rch Buildings

The Fabric Committee, led by Ralph Hinchliffe, continued to ensure the church building remains in a good condition prioritising and addressing any general church maintenance which is needed, namely church lighting, the church roof, the boiler and the churchyard.

Along with a team of volunteers, it held several church working parties to undertake any general church maintenance needed, both inside and outside the church building. Major issues included an aging boiler alongside roof leaks, a broken Zip tap and the need to renew the lighting system with a better quality and more eco-friendly system.

Pastoral Care

Pastoral care continued to be vitally important throughout the year. The Pastoral Team continued to support those on the pastoral roll who are housebound or frail. The PCC is extremely grateful for the time and effort it has put in. The ‘contactors’ list has been maintained.

The vicar and Associate Minister had been able to offer Home Communion and pastoral visits, and conducted a number of funerals. During the interregnum, Jeanette Lock and Revd. Terrie continued to administer Home Communion.

Mission and Evangelism

Helping those in need is a demonstration of our faith. Each year, we pledge to give 5% of our giving to our nominated charities. This year, our Outward Charitable Giving was £3,180 which was distributed to our three nominated faith-based charities: Baby Bank, Christians Against Poverty and Embrace the Middle East. Each charity received £795. The fourth quarter of our Charitable Giving (the final £795) was split between New Brainstorm School in Uganda, Inclusive Church and Toilet Twinning through Kori.

The combined collections totalling £350 from the Crib and Christingle services were donated to The Children’s Society.

2

The Christmas Tree Festival raised £5,623 for the chosen charity, Alzheimers Dementia Support.

We encouraged our members to donate to Foodshare via local supermarkets and in church.

We produced a weekly news sheet which was circulated via email, with hard copies available for those church members with no IT provision.

Ruth Humphreys continued in her role as Parish Office Administrator, increasing her hours during interregnum.

We continued to offer alternative fresh expressions of church, including monthly Messy Church.

We continued to offer our in-person fellowship and outreach activities, such as the monthly Thursday Teas, monthly Keeping Company bereavement group and weekly Baby and Toddler group, which met in church and continued to be very popular.

We continued the Gaynor’s Gift group, a Prayer Shawl ministry to knit, crochet or sew shawls or blankets which, once blessed, were distributed to those in any kind of pastoral need. This was held monthly..

Activities through the year

In January, St Luke’s achieved the Silver Eco Church award.

Church Breakfasts were held throughout the year. On 15th February Mrs Sam Stevenson spoke and answered questions about St Luke’s School. On 10th May, Revd. Sally Lynch talked about her life and faith. On 20th September, we listened to Pari Saimi. Founder of Curious Minds in partnership with Usborne books.

Lent Lunches were held on 9[th] March, 23rd March and 6th April.

An Easter Egg Hunt, with Tea and Prayer, was held on 19th April.

A useful PCC Away Morning was held on Saturday 27th April to update the St. Luke’s Church Mission Action Plan 2024-2027 and discuss the vacancy.

A ‘Not the Summer Fair’ collection took place on 11th May raising £1,000.

A Garden Party was held on Saturday 28th June.

Revd. Sally’s Thanksgiving Service was held on Sunday 20th July followed by afternoon tea, with special guests from the wider community, to recognise the links Revd. Sally had developed in her time.

Revd. Sally’s final Eucharist was on 27th July, followed by a bring-and-share picnic at the vicarage.

We achieved The Wildlife Garden Silver Award in September.

Our Harvest Festival took place on Sunday 5[th] October.

Our Christmas Tree Festival took place in December with beautifully decorated Christmas trees in church, sponsored by a variety of people and organisations. We welcomed several hundred people into church each day. There was a fantastic atmosphere throughout the whole event which raised over £5,623 for Alzheimers Dementia Support as well as £5,490 for church.

3

Ecumenical Relationships

We are a member of Churches Together in Maidenhead and, as a Presence and Engagement parish, church members also participate in the activities of Windsor and Maidenhead Community Forum and Women’s Interfaith Group. We continue to share the concerns of our Jewish and Muslim neighbours for the conflict in the Holy Land.

Volunteers and Others

The PCC would like to express its thanks to all the volunteers who contribute to the running of St. Luke’s Church. Many of these people work quietly in the background, doing all the little and not so little jobs that go into the smooth running and upkeep of the church. We are greatly indebted to Simon Bader and Raja Mani for their technical work and the team of helpers who have welcomed people into the church.

Revd. Phyl (Associate Minister) and Dave Sopp (Treasurer) moved to a new parish in February. A parish lunch, with a formal two course meal, was held on 16th February to share memories and to give thanks for their exceptional service to St Luke’s.

The Reverend Sally Lynch continued to work conscientiously and passionately not only to keep the church running efficiently and safely before her retirement in August but also to ensure a smooth transition into interregnum, including the organisation of cover for all services until the end of 2025. She managed to do this as well as carrying out her function as Associate Area Dean. We miss her boundless energy, her involvement with so many different aspects of our community, her pastoral care, her services, her nurture provision, and her professionalism, experience and knowledge.

The interregnum period has been an especially challenging time for all of us. The PCC would particularly like to thank the Churchwardens Jacqueline Lewis and Clare Price for keeping us going during our vacancy, the Vacancy Steering Group for their work on the Parish Profile and all those who have stepped up to take on additional roles and responsibilities well above the call of duty during this time. Reverend Canon Terrie Robinson has provided us with a tremendous amount of support and continuity and we are grateful to all other clergy who covered our services.

Structure, Governance and Management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a registered charity. The method of appointment of PCC members is set out in the Church Representation Rules. At St Luke’s, the current membership of the PCC consists of the two Churchwardens, two Deanery Synod members and nine members elected by those members of the congregation who are on the Electoral Roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of mission and of general concern and importance to the parish, including deciding on how the funds of the PCC are spent and safeguarding.

The PCC met on six occasions during the year.

Standing Committee:

This is the only committee required by law and has limited powers to transact the business of the PCC between its meetings. It seeks to promote the effective working of the PCC and coordinate the activities of the various planning groups. Its membership consists of the Incumbent, two Churchwardens, Treasurer, PCC secretary and two lay members of the PCC, elected annually. It also acts as the Finance Committee overseeing the financial situation and planning the stewardship renewal. The Standing Committee has met on four occasions during the year.

Fabric Committee:

This committee is responsible to the PCC for all matters in relation to the fabric of the building and churchyard. The Net Zero Carbon Project is an official sub-committee of the PCC.

4

Administrative Information

St. Luke’s Church is situated in Norfolk Road, Maidenhead. It is part of the Diocese of Oxford (and Archdeaconry of Berkshire) within the Church of England. The correspondence address is St. Luke’s Church Office, Norfolk Road, Maidenhead, SL6 7AX. Registered charity number 1129951.

PCC members who have served at any time from 1st January 2025 to 31st December 2025 are:

Ex Officio Members Incumbent The Reverend Sally Lynch (Chair) - retired August 2025 Associate Minister The Reverend Phyllis Sopp - moved parish February 2025 Churchwardens Jacqueline Lewis (Vice Chair until APCM) Clare Price (Vice Chair after APCM) Deanery Synod Ruth Sheppard (until APCM 26) Marc Caporiccio (until APCM 26) Jeanette Lock (until APCM 26) - resigned APCM 25

Elected Members

Simon Bader (3 year-term until APCM 2025) Anne Child (3 year-term until APCM 2025) Barbara Essam (3 year-term until APCM 2025) Rachel Beaumont (2 year-term until APCM 2025) Isobelle Davies (3 year-term until APCM 2026) -retired January 2024

Katty King-Coulling (3 year-term until APCM 2026) Ralph Hinchliffe (3 year-term until APCM 2026) Pam Bader (3 year-term until APCM 2026) - resigned January 2025 Bev Botting (3 year-term until APCM 2027) Margaret Gibbon (3 year-term until APCM 2027) Dee Lanyon (2-year term until APCM 2027) Kim Rumble (3 year term until APCM 2028) James Ellins (3-year term until APCM 2028) Fiona Leonard (3-year term until APCM 2028)

5

Financial Review

The key message from our finances in 2025 is that our expenditure was £47,900 more than we received in income. In addition there was a fall in the value of our investments of £15,000 plus depreciation in our assets of £8,200, giving a total loss over 2025 of £71,100.

During 2025 the PCC reviewed its finance policy and introduced a policy to use the PCC debit card. The church accounts are held on an online platform provided by Xero, and the various documents we use are held on Microsoft Teams. This enables multiple people, including the treasurer and two assistant treasurers, to have access to the accounts with varying levels of authority/access.

This year’s biggest expenditure after our share payment to the diocese, were the costs of heating and lighting, and the repairs to the church roof.[We have started our journey to ] Net Zero carbon by commissioning work to replace our ageing gas boiler with air source heat pumps, and to replace our lighting with low energy alternative system.The PCC has worked with urgency to find a cost-effective heating solution, but[we narrowly missed ] being nominated by the diocese as a national demonstrator church. The PCC has therefore agreed to postpone a decision while new technologies are developed and installed elsewhere so we will be in a better position to review the right solution for our church.

In addition, our organ is a superb three manual organ, described as “a fine and beautiful instrument”. However, 125 years on, the organ is feeling her age and is in need of some major works, estimated to cost about £300,000. We have recently launched a fundraising campaign to raise the necessary monies.

Therefore, in order to keep our building and church in good repair and welcoming to all, we need substantial resources to cover these costs.[Fundraising and grant applications ] will be needed to help us cover these costs, and this is an area where we will need support.The Benefactors fund benefited in 2022 by an extremely generous legacy from the late Johanna Raffan MBE. Revd. Sally and the PCC agreed that given Johanna’s lifelong commitment to children’s education, a major spend from this legacy would be a part-time ‘Children and Families Leader’ for a fixed term of 3 years (approx. cost of £45,000). Samantha Fiordelisi has been with us since September 2023 and her salary and training has been funded from this legacy. We also plan to use some of this legacy to improve the lighting in the church.

These are exciting opportunities to grow our church and further develop our outreach in Maidenhead and beyond. However, a serious concern is our levels of giving. Several members of our congregation who were generous givers, have died during 2025, and others have moved away from the area. This means our giving levels have fallen and not been met by new givers. Increasing levels of giving must be a priority for the incoming PCC and our new incumbent.

6

Prepared by Bev Botting 22/1/2026

Balance Sheet

Our income in 2025 was £116,585 (a fall of 8% compared with 2024), and our expenditure was £170,495.84 £164,459 ( a fall of 3.5% compared with 2024) giving a net spend over income before investment income of £47,874. In addition there was a fall in the value of our investments of £15,000 plus depreciation in our assets of £8,200, giving a total loss over 2025 of £71,100.

Reserves Policy

The PCC’s current policy on holding reserves are as follows: -

Restricted Funds

The PCC is advised on an annual basis of significant unspent balances in these funds where it is apparent that plans are not in hand to spend the money within a reasonable time.

Unrestricted & Designated Funds

Benefactors' Fund: (i.e., accumulated legacies for the general purposes of the PCC). Our policy is that the money should normally only be spent on the capital cost of items, or on repairs/restoration work that would not normally be required more than once every ten years. Alternatively, it can be used to fund support for church personnel development. Hence the reserve level will vary and there is no target level. In 2010 the PCC decided that the dividend income from the part of this fund held as CBF Investment Fund shares should be treated as General Fund income. Johanna’s legacy is reported on separately within the benefactors fund was spent on the children and families leader.

Fabric Reserve Fund: The policy is to hold reserves of between £210,000 and £300,000, so that:

The remaining reserves (i.e., all excluding the Benefactors' and Fabric Reserve funds) should be sufficient to fund three months of ordinary expenditure.

7

Prepared by Bev Botting 22/1/2026

Parochial Church Council of St. Luke's Parish Church, Maidenhead

0 (0)

Statement of Financial Activities

for the year ended 31st December 2025

Note
Income and Endowments from:
Donations and legacies
2(a)
Other trading activities
2(b)
Investments
2(c)
Church activities
2(d)
Other activities
2(e)
Total Income and Endowments
Expenditure on:
Church activities
3(a)
Raising funds
3(b)
Other activities
3(c)
Total Expenditure
Net income/(expenditure) before
investment gains/(losses)
Net gains/(losses) on investments
Depreciation on assets
Net income/(expenditure)
before transfers
Transfers between funds
4
Events Committee to General Fund
General Fund to Catering
Benefactors' Fund Dividends and
capital to General Fund
Baby and toddler to General
Fabric Reserve to Fabric Fund
Fabric Reserve to General Fund
Hick Flower Fund to General Fund
General Fund to Flower Fund
Net movement in funds
Total funds brought forward at
1st January 2025
Total funds carried forward at
31st December 2025		 Unrestricted
Funds
Designated
Restricted Endowment
Total
Funds
Total
Funds
General
Funds
Funds
Funds
2025
2024
£
£
£
£
£
£
63,498
8,920
3,833
0
76,251
86,942
0
15,070
0
0
15,070
11,844
1,386
14,944
1,902
182
18,415
27,259
3,326
1,628
1,614
0
6,568
9,273
281
0
0
0
281
0
68,491
40,562
7,350
182 116,585
135,317
129,339
27,486
4,300
0 161,125
162,950
233
3,011
0
0
3,245
4,500
0
0
89
0
89
875
129,572
30,497
4,389
0164,459
168,325
(61,081)
10,064
2,960
182(47,874)
(33,008)
-
(13,527)
(1,232)
(263) (15,022)
8,408
(8,170)
(8,170)
(8,170)
(61,081)
(11,633)
1,728
(80) (71,065)
(32,771)
6,435
(6,435)
0
0
0
0
0
0
0
0
0
0
26,000
(26,000)
0
0
0
0
1,000
(1,000)
0
0
0
0
0
0
0
26,000
(26,000)
0
0
0
0
75
0
(75)
0
0
(125)
125
0
0
0
0
(1,771)
(69,868)
728
(155) (71,065)
(32,771)
(652)
584,678
72,209
6,879 663,115
695,886
(2,423)
514,811
72,937
6,725 592,050
663,115

8

Prepared by Bev Botting 22/1/2026

Parochial Church Council of St. Luke's Parish Church, Maidenhead

Balance Sheet at 31st December 2025

2025 2024
Note £ £
Fixed Assets
Tangible fixed assets
Screen, projector and camera 7a) 8,170 16,340
0
Investments
Parochial Church Council
7b)
Property 359,302 374,264
Trust funds administered by the 7c)
PCC 1,421 1,480
368,893 392,085
Current Assets
Stock 0 0
Investments 0 0
Debtors 0 0
CBF Deposit Accounts - held by the PCC
CBF No. 1 (General) 6,757 5,401
CBF No. 2 (Fabric) 6,044 23,160
CBF No. 3 (Trusts) 13,535 12,924
CBF No. 5 (Development) 5 4
CBF No. 6 (Organ) 10,443 9,271
CBF No. 7 (Benefactors') 171,219 191,158
CBF No. 9 (School) 9,470 9,168
Lloyds Bank Deposit Account
(Development Fund) 2,259 4,144
Lloyds Bank Current Account 3,707 11,627
RBS Current Account 10,193 12,078
233,632 278,936
Liabilities: Amounts falling
due within one year
Creditors for goods and services 9,755 7,185
Cheques written off as not presented in
more than one year 720 720
Advanced payments received 0 0
Net Current Assets (Liabilities) 223,157 271,030
Total Net Assets 592,050 663,115
represented by:-
Parish Funds 8
Unrestricted 8a) 512,388 584,027
Restricted 8b) 72,937 72,209

9

Prepared by Bev Botting 22/1/2026

Endowment

8c) 6,725 6,879 Total 592,050 663, 115

Approved by the Parochial Church Council on 10 March 2026 and signed on its behalf by:-

Bev Botting ( Treasurer) \ �

Jacqueline Lewis (Church warden) � .

The notes on pages 7 to 14 form part of these accounts

10

Independent Examiner's Report to the PCC of St. Luke's Parish Church, Maidenhead

I report on the accounts of the church for the year ended 31st December 2025 which are set out on pages to .

Respective Responsibilities of Trustees and Examiner

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

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 Examiners' statement

In connection with my examination, no matter has come to my attention:

Antonio J Shiafkou FCA

Date: 08_/03_/2026

11

Parochial Church Council of St. Luke's Parish Church, Maidenhead

Note
2 Income and Endowments from:
2a) Donations and Legacies
Planned Giving:
Gift Aided
Non-Gift Aided
Collections at services etc
Sundry Donations(incl alpha)
Tax recovered
Special Collections
Gift Aided
Tax recovered
Non-Gift Aided
Grants
Lady Pocock's Charities
ODBF for Heating Contributions
Baby & Toddler Group: Donation
LPWGS - VAT Refund
Legacies & Gifts In Memoriam
Floodlighting sponsorship
2b) Other Trading Activities
Fund Raising - General
Fund Raising - Music Festival
Fund Raising -CTF
Transfer from Hall Trustees for Fire Extinguisher Servicing		 Unrestricted
Funds
Designated Restricted Endowment Total Funds Total Funds
General
Funds
Funds
Funds
2025
2,024
39,023
0
0
0
39,023
47,547
1,176
0
0
0
1,176
1,176
4,528
0
0
0
4,528
8,220
5,354
200
845
0
6,399
9,168
12,991
0
0
0
12,991
12,918
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,988
0
2,988
7,002
0
0
0
0
0
0
0
0
0
0
420
0
0
0
0
0
0
0
0
0
0
0
0
0
1,720
0
0
1,720
0
0
7,000
0
0
7,000
0
425
0
0
0
425
490
63,498
8,920
3,833
0
76,251
86,942
0
1,130
0
0
1,130
3,875
0
0
0
0
0
0
0
13,939
0
0
13,939
8,009
0
0
0
0
0
0
0
15,070
0
0
15,070
11,844

2c) Investments

12

Dividends on CBF Investment Fund Shares
Bank and CBF Deposit Fund Interest
2d) Church activities
Fees - Weddings & Funerals
Magazine, Trading & Catering
Baby & Toddler Group Income
Church Bookings
2e) Other Activities
Total Income and Endowments
Note
3 Expenditure on:
3a) Church activities
Grants
Missionary and Charitable Giving:
Church Overseas:
UNICEF
- relief and development agencies
Embrace ya
New Brainstorm School y4
Christian Aid yc
Toilet Twinning with Kori y4jmr
Home missions and other Church Societies
Children's Society
crib &
Christingle		 1,165
8,236
856
182
10,441
10,197
221
6,708
1,046
0
7,974
17,062
1,386
14,944
1,902
182
18,415
27,259
2,472
1,628
0
0
4,100
6,259
279
0
0
0
279
5
0
1,614
0
1,614
1,271
575
0
0
0
575
1,738
3,326
1,628
1,614
0
6,568
9,273
281
0
0
0
281
0
281
0
0
0
281
0
68,491
40,562
7,350
182
116,585
135,317
Unrestricted
Funds
Designated Restricted Endowment Total Funds Total Funds
General
Funds
Funds
Funds
2025
2,024
0
0
0
0
0
240
0
0
0
0
0
240
795
0
0
0
795
1,184
281
0
0
0
281
294
0
0
690
0
690
355
265
0
0
0
265
294
1,341
0
690
0
2,031
2,127

0
0
350
0
350
450

13

Christians Against Poverty 2025, Green
Christian 2024
ya
Love Christmas
Inclusive Church
y4
Secular Charities
Baby Bank 2025, Foodshare 2024 ya
Ride and stride
Christmas Tree Festival charity(2025
Alzheimers, Demential support)
Spring dance company
Thames Hospice
Gifts Sally & Phyl leaving
Total of Outward & Charitable Giving
Ministry:
Parish Share
Clergy Expenses
Teaching Courses etc
Fees Assigned to Diocese
Fees for Organist, Vergers, Flower Arrangers
Junior & Messy Church Costs
Baby & Toddler Group Expenditure
Church running costs
Light, water, heat
Insurance
Church requisites
Catering
Choir, Organ and Music		 795
0
0
0
795
883
0
0
0
0
170
265
0
0
0
265
294
0
0
0
0
0
0
0
0
0
0
0
0
1,060
0
350
0
1,410
1,797
795
0
0
0
795
883
0
0
0
171
5,623
0
0
5,623
4,900
0
0
0
0
0
1,245
0
0
0
0
1,545
795
5,623
0
0
6,418
8,743
0
1,301
0
1,301
0
0
0
1,301
0
1,301
0
3,196
5,623
2,341
0
11,161
12,906
62,497
0
0
0
62,497
65,968
839
0
0
0
839
2,222
150
0
0
0
150
611
0
1,628
0
0
1,628
3,643
4,678
0
0
0
4,678
4,643
0
0
370
0
370
332
0
0
170
0
170
155
14,480
0
0
0
14,480
15,041
9,078
0
0
0
9,078
9,488
1,216
0
0
0
1,216
1,815
645
0
0
0
645
397
0
0
917
0
917
1,017

14

CCLI License
Church Maintenance & Development
Bells
Structure & Windows
Clock
Heating Installation
Organ
Electrical & Sound System Installation
Fire Extinguishers & Security
Plumbing
Furnishings
Miscellaneous
Parish Administrator's Salary & Pension
CYP salary 7 pension
Music director salary
Office Costs
Account Examination Fee/Expenses
St. Luke's Flower Group
Total Expenditure on Church Activities
3b) Raising funds
Fund raising costs
Subscriptions and Advertisements
3c) Other activities
Year of Mission Events
St. Luke's School - Grants/gifts
Total Expenditure		 0
0
502
0
502
433
4,350
0
0
4,350
9,480
0
0
0
0
331
4,752
0
0
4,752
1,175
0
200
0
0
200
2,202
30
0
0
30
547
4,080
0
0
4,080
586
6,302
0
0
6,302
0
174
0
0
174
503
9,208
0
0
0
9,208
6,985
16,022
0
0
16,022
14,632
267
0
267
0
6,864
0
0
0
6,864
7,423
200
0
0
0
200
200
0
347
0
0
347
217
126,142
21,863
1,959
0
149,964
150,044
129,339
27,486
4,300
0
161,125
162,950
0
3,011
0
0
3,011
3,649
233
0
0
0
233
851
233
3,011
0
0
3,245
4,500
0
0
0
0
0
0
89
0
89
875
0
0
89
0
89
875
129,572
30,497
4,389
0
164,459
168,325

15

Parochial Church Council of St. Luke's Parish Church, Maidenhead

Notes to the financial statements for the year ended 31st December 2025

4 Analysis of Transfer Between Funds

The transfers show:

The balance of both the Events Committee and Catering Fund being transferred to General Fund Benefactors' Fund dividends of £1,165.31 were transferred to the General Fund.

Transfer £26,000 from Fabric Reserve to General Fund to reimburse for 2025 expenditure of £19,887.74 & help cash flow A transfer of £125.48 from the General Fund to the Flower Fund- an agreed £200 transfer from General Fund, partly offset by income of £ 74.52 from the Hick Flower Fund

5 Staff Costs 2025 2,024
Director of Music's Salary 267 -
CYP Leaders Salary 16,022 14,632
Parish & Music Administrator's Salary & Pension Costs 9,208 6,985
25,496 21,618

During the year the PCC employed a children and families worker and a part-time Parish/Music Administrator. The position of Director of Music/ Organist remained vacant until December 2025, and is now filled on a part time basis. The PCC operates a PAYE scheme for all staff payments. It also offers the NEST defined contribution pension scheme which the Children and families worker and Parish Administrators are members of and to which the PCC contributes 4% of their salary.

6 Related Parties

A small immaterial portion of the expenses paid to the Vicar may relate to their service as chair of the PCC

No other payments or expenses (other than reimbursement for items purchased on behalf of the PCC) were paid to any PCC member, persons closely connected with them, or related parties

16

7 Fixed Assets for use by the PCC

7a) Tangible Fixed Assets

In 2022 a Projector, Screen and Camera were installed to the value of £32,680. The value of these will be depreciated at 25% per annum to spread their cost to the PCC

Projector, Screen and Camera

8,170 16,340 8,170 16,340

Shares held
7b) Investments - PCC Property on Valuation at Valuation at
All shares are in the CBF Investment Fund 31/12/2025 31/12/2025 31/12/2024
22.20 23
Fabric Reserve Fund 12,819 284,567
296,418
Organ Fund 1,333 29,590
30,823
Benefactors' Fund 1,814 40,261
41,937
Hannaford Trust - held by Diocesan Trustees, Oxford Ltd, on behalf of the PCC 104 2,309
2,405
Hick Flower Fund 116 2,575
2,682
Total 359,302
374,264
7c) Investments - Property of Vicar and Churchwardens, administered by the PCC
Fry Trust 64 1,421
1,480
Total 1,421
1,480

8 Funds

Summary of Assets By Fund

Unrestricted

Funds Designated Restricted Endowment Total Funds Total Funds General Funds Funds Funds 2,025 2,024 Investment Fixed Assets 0 324,828 29,590 6,725 361,143 376,057

17

Current Assets
Current Liabilities
Fund Balance
Fund Details
8a) The Unrestricted Funds balances are as follows:-
General Fund:
General Accumulated Reserves
Designated Funds:
Events Committee Fund
Catering Fund
Flower Fund
Assigned Fees
Benefactors' Fund
Benefactors' Fund CBF Shares
Fabric Fund
Fabric Reserve Fund
Fabric Reserve Fund CBF Shares
8b) The Restricted Funds Balances are as follows:-
Junior Education Fund
Mums & Toddlers Fund
Year of Mission
Choir Music Fund
Lady Pocock's Non Ecclesiastical
Oakley Bequest
Langton Bequest
Development Fund
Organ Fund
Organ Fund CBF Shares
A Finch Fund for Organ Improvements
Fry Trust Accumulated Income		 (2,423)
189,982
43,347
0
230,906
287,058
0
0
0
0
0
(2,423)
514,811
72,937
6,725
592,050
663,115
Balance at Balance at
31/12/2025 31/12/2024
(2,423)
(652)
0
0
0
0
681
628
5,665
5,665
253,485
274,595
40,261
41,937
(14,181)
(4,897)
(55,668)
(29,668)
284,567
296,418
512,388
584,027
2,332
2,399
2,365
1,922
7,921
7,921
(8,612)
(7,793)
3,235
3,293
141
136
151
146
4,064
4,064
11,443
10,271
29,590
30,823
10,262
9,911
169
169

18

Hannaford Trust Accumulated Income
Special Collections
St. Luke's School Fund
8c) The Endowment Funds Balances are as follows:-
Fry Trust (Capital)
Hannaford Bequest (Capital)
Hick Flower Fund (Capital)		 1,965
1,898
(373)
(1,020)
8,283
8,069
72,937
72,209
1,581
1,599
2,569
2,598
2,575
2,682
6,725
6,879

19

Notes to the financial statements for the year ended 31st December 2025 1 Accounting Policies

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. They have been prepared under the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).

Assets

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.

Moveable church furnishings

These are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised, but all items are included in the Church’s inventory in any case.

Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or else, for gifts-in-kind, at a reasonable estimate of their open market value on receipt.

Equipment owned by the PCC and used within the church is depreciated on a straight-line basis over 4 years.

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

Investments

Investments quoted on a recognised stock exchange or whose value derives from them are valued at market value at the year end. Other investment assets are included at PCC’s best estimate of market value.

Short term deposits

These are the cash held on deposit either in the CBF Deposit Funds or at the bank.

Funds

Unrestricted Funds

These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC,

20

including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its ‘general fund reserves’ as disclosed in the trustees’ report.

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.

Endowment Funds

These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

Transfers between Funds

A Transfer of £26,000 was made from the Benefactors’ fund (JMRaffan) to the General Fund to cover the costs agreed by the PCC.

Each year, the income from the Hick Flower Fund Endowment is transferred to the General Fund to be used towards the purchase of flowers; in 2025 this was £75.

A Transfer of £200 was transferred from the General Fund to the Flower Fund.

Since October 2010 dividends from the Benefactors' Fund CBF Investment Fund Shares are treated as General Fund income. £,165 was transferred from the benefactors fund dividend to the general fund.

Other transfers are made as required by resolution of the full PCC or Standing Committee.

21

Incoming Resources

Voluntary Income and Capital Sources

Planned giving, collections and donations are recognised when received. Income tax recoverable on gift aid donations is recognised when the income is received. Grants and legacies are accounted for when the PCC has determined that it is irrevocably legally entitled to the amounts due. All incoming resources are accounted for gross.

Other income

All other income is recognised when it is receivable. No attempt is made to place a figure on the value of the work of volunteers.

Income from Investments

Dividends and interest are accounted for when receivable

22

Parochial Church Council of St. Luke's Parish Church, Maidenhead Notes to the financial statements for the year ended 31st December 2025

8 Fund Details (continued)

As reported elsewhere the PCC are in the process of reviewing all our accounting policies and this review will therefore include all the following. Sufficient resources are held in an appropriate form to enable each of the funds be applied in accordance with any restrictions. The specific purpose of each fund is as follows:

Unrestricted Funds

GENERAL ACCUMULATED RESERVES

These represent the general "savings" of the PCC which are not earmarked for any particular purpose.

Designated Funds

EVENTS FUND

Our Christmas Tree Festival was a success and raised £5,305 for ourselves and a further £5,623 for our designated local charity, Alzheimers and Dementia Support.

FABRIC FUND

This funds repairs and maintenance to the church building and its contents, and the cost of cleaning materials. Income is from the Fabric Reserve Fund i.e., one half of the interest and dividends arising from the proceeds of the sale of 42 St. Luke's Road (the former curate's house).

BENEFACTORS' FUND

A very generous legacy from the late Johanna Raffan MBE significantly increased the balance of this fund in 2022 and now stands at £253,485. During the year the Benefactors Fund was used to provide funding for the part time leader for children and families.

BENEFACTORS' FUND CBF SHARES

These shares generated £1165 of income for the General Fund in 2024.

FABRIC RESERVE FUND

This represents part of the capital held on deposit that generates income for the Fabric Fund. The Fabric The target range is £210,000-£300,000.

FABRIC RESERVE FUND CBF SHARES

This represents the bulk of the capital that generates the income for the Fabric Fund. The fund is represented by 12819.33 CBF Investment Fund shares. In 2025 it generated £8834 of dividends and interest.

23

Prepared by Bev Botting 22/1/2026

Restricted Funds

JUNIOR EDUCATION FUND

This funds the education of the children and young people of the church and Messy Church expenditure. Income during the year was from contributions collected at Messy Church usually on the first Friday of each month and a grant from Lady Pocock’s Ecclesiastical Charity.

BABY & TODDLER GROUP FUND

This contains monies held on behalf of the Baby and Toddlers Group. The group normally holds a 90 minute session on each Thursday during school term time in church.

YEAR OF MISSION FUND

This is the balance remaining from the legacy left via the Diocese of Oxford to be used for mission work within Maidenhead.

CHOIR MUSIC FUND

This fund holds money given that is specified as being for this fund and is used by the choir to purchase new music and pay fees for visiting organists. Given the increased use of visiting organists and limited income possibilities it is no longer viable in its present form and is due to be reviewed as part of the ongoing reforms.

LADY POCOCK’S NON-ECCLESIASTICAL CHARITY

This fund contains unspent grant money from Lady Pocock's Non-Ecclesiastical Charity which is to be used to benefit the elderly poor of the parish.

OAKLEY BEQUEST

This fund is for upkeep of the Oakley grave.

24

Prepared by Bev Botting 22/1/2026

LANGTON BEQUEST

This fund is for the upkeep of the Langton grave and churchyard.

DEVELOPMENT FUND

This fund is for long term improvements or alterations to the fabric of the church (as opposed to maintenance activities).

There was no activity for this fund in 2025.

ORGAN FUND

This was established to fund long-term repairs and maintenance to the pipe organ that was last fully restored after the fire in 1991. Organ tuning costs and day-to-day maintenance are borne by the General Fund under the Choir and Organ expenditure item.

ORGAN FUND CBF SHARES

In view of the long-term nature of the Organ fund, part of it is held as 1333 CBF Investment Fund Shares.

ARTHUR FINCH FUND FOR ORGAN IMPROVEMENTS

This fund contains the legacy received from the estate of the late Arthur Finch to be used towards future improvements to the pipe organ at St. Luke’s.

ST LUKE’S SCHOOL FUND

There is a building on the school site which was erected by the local authority without the permission of the trustee of the land, which is St. Luke’s Parochial Church Council. Rental from the operator who ran it as “Munchkins” was paid direct to the school until 2012. However, when the land was registered by the Diocese of Oxford it became clear that since the trustees are the ultimate owners of the land the rental income should be paid to the PCC and used in accordance with the land conveyance dated 22nd June 1948 which requires it to be spent firstly “on matters relating to educating children or adults of the parish in the Christian faith, or failing this on any other ecclesiastical purpose.” The St. Luke’s School Fund was therefore set up within the PCC’s accounts and contains rental payments received plus interest, less expenditure properly authorised by the PCC.

In July 2016 the Munchkins group left the building and the school is now using the premises for its own purposes. Rental payments to the PCC have therefore ceased.

Endowment Funds

FRY TRUST

The income from this endowment is to be used firstly to maintain the grave of Canon Fry and secondly to maintain the chapel.

HANNAFORD BEQUEST

The income from this endowment is to be used firstly to maintain the grave and tombstone of Anne Dorothy Hannaford in good and proper order and secondly for the general purposes of the

25

Prepared by Bev Botting 22/1/2026

PCC.

HICK FLOWER FUND

The income from this endowment £75 is used to purchase flowers for the church, by transfer to the General Fund from whence it is paid to the flower arranging team as part of the PCC's contribution of £200 towards the cost of flowers. Following the closure of the building society account used by the flower arranging team the balance of this money is currently held in a designated Flower Fund.

26

Prepared by Bev Botting 22/1/2026