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← The Parochial Church Council Of The Ecclesiastical Parish Of St. Paul Wokingham And St. Nicholas Emmbrook

2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham & St Nicholas, Emmbrook

Annual Report and Financial Statements for the year ended

31 December 2024

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Index to the Annual Report and Financial Statements for the year ended

31[st] December 2024

Page
Administrative Information 3
Annual Report 5
Report of the Independent Examiner 12
Statement of Financial Activities 13
Balance Sheet 14
Notes to the Financial Statements 15

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Administrative Information

The Parish is part of the Deanery of Sonning and of the Reading Area of the Diocese of Oxford within the Church of England and is comprised of three churches governed by two separate Church Councils. The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham and St Nicholas, Emmbrook is responsible for the ministry and management of the two named churches whilst the third, Woosehill Community Church, is a Local Ecumenical Partnership with its own Church Council and is not, therefore, directly covered in this Annual Report nor in the Financial Statements that follow.

PCC Members

PCC Members
Ex-Officio
Clergy: Rector Rev Canon Richard Lamey (until July 2024)
Assistant Curate Rev Cara Smart
Permission to Officiate Rev Judi Hattaway
Church Wardens: Mr David Ruddock
Mr Peter Wells
Deputy Wardens: Mrs Mary Cassidy
Mrs Pippa Sutton
Pro-Wardens (S Nicholas): Mrs Fiona Albinson
Mrs Elizabeth Gallagher
Deanery Synod representatives: Mr Paul Armitage
Mrs Sally Dowling
Mr John Sutton_(and Deanery Lay Chair)_
Mr Peter Wells
Elected Members:
Mr Llewellyn Austen
Mrs Teresa Austen
Mrs Joanna Brown
Mrs Stefanie Cetin
Mr Christopher Cipkin
Mr Andrew Clark
Mrs Susan Davenport
Mr Tony Eggleston
Mr Stuart Fairhead
Ms Sian Gray (appointed January 2025)
Mr Sunny Pau
Mr Vernon Riley
Mrs Pippa Sutton
Mr Richard Turner
Co-opted Members: Mrs Rhoda Hart_(appointed April 2024 for 1 year)_
Mrs Mary Cassidy_(appointed April 2024 for 1 year)_

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Administrative Information (continued)

Address: St Paul’s Parish Office Reading Road Wokingham RG41 1EH Bank: Barclays Bank plc Independent Examiner: Jason Searancke CA ANZ 90 London Road Wokingham RG40 1YF Charity Registration No: 1130325

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Annual Report

The Parochial Church Council (PCC) presents its Annual Report and Financial Statements for the year to 31 December 2024.

AIMS AND PURPOSES

The PCC cooperates with the Rector and Clergy to promote the whole mission of the church in the ecclesiastical Parish: pastoral, evangelistic, social and ecumenical. It also has responsibility for the maintenance of St. Paul's Church and churchyard and for one house that it owns in Brook Close, Wokingham.

STRUCTURE AND GOVERNANCE

The PCC has two Approved Governing Documents issued by the Church of England:

The Parochial Church Councils (Powers) Measure 1956 (as amended)

The Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 (as amended))

Composition of the PCC is fixed by resolution of the Annual General Meeting. Membership is for three years with one third elected in each year. If a member resigns for any reason before their three-year term is complete, the new member elected in that place serves the remainder of the previous member’s term only.

In 1990 the Annual Meeting resolved to elect the St. Nicholas’ Pro -Wardens (who are exofficio members of the PCC). Resolutions of 1979 and 1988 (ensuring that of the four members elected to Deanery Synod, one should be from St. Nicholas' congregation) were superseded by the 1990 resolution, which contained a similar intention.

The PCC generally meets every other month, with a Standing Committee assembling when necessary to discuss and draw up the agenda for the ensuing PCC meeting. The Standing Committee consists of the Clergy, Churchwardens, Pro-Wardens, Treasurer and Secretary; it sets the agenda for the PCC meetings and transacts business between those meetings where necessary. In addition to the Standing Committee, there are five Parish sub-committees and a brief outline of the responsibilities of each is given below.

Worship Committee : Assists the Rector in planning services, arranges special musical events and proposes changes where necessary.

Mission Committee (now known as Mustard Seed) : Maintains and supports the relationship between St Paul’s and the local community, and between the church and those UK and key overseas charities that the Parish supports.

St. Nicholas ’ Council : Co-ordinates all matters relating to St. Nicholas ’ Church.

Social Committee : Arranges church social events to which all are welcome.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Fabric Committee : Co-ordinates all matters relating to the fabric of the building and ensures the work identified in the quinquennial report is carried out.

The PCC works to ensure that each member is fully equipped to fulfil his or her specific role.

OBJECTIVES AND ACTIVITIES

The focus of the PCC is to promote the whole mission of the church in the community, through worship, prayer and contemplation, the provision of pastoral care within the Parish, and mission and outreach work. St. Paul’s is an inclusive and welcoming community of faith, imposing no conditions on those who come through our doors, other than a willingness to be open to the love of God revealed to us in Jesus Christ. We are committed to welcoming as many people as possible to worship at our church, and involve all age groups from senior citizens, parents and young people to toddlers. We are increasingly conscious of and committed to our duty and call when it comes to Safeguarding. We have also made a commitment to set an example of good practice when it comes to addressing Domestic Abuse. Over the last few years much of our focus has been on recovering after the pandemic, which we have done with success and increasing confidence.

PUBLIC BENEFIT

The trustees have paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. Although the beliefs, tenets and practices of Christianity meet the charity law definition of religion and are capable of being advanced for the public benefit, there is no longer a presumption of public benefit for charities whose aims include advancing religion. However, the PCC of St. Paul's actively advances religion for the benefit of the public in general, and of those of the wider Parish in particular, in a variety of ways:

The encouragement and facilitation of practising Christian faith, including:

Raising awareness and understanding of Christian beliefs and practices, including:

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Missionary, outreach and pastoral work, including:

Religious communication, including:

ACHIEVEMENTS AND PERFORMANCE

Electoral Roll

At 31[st] March 2024 there were 231 parishioners registered on the Roll, an increase on the previous year; (227 members at 26[th] March 2023).

Worship and Prayer

A wide range of services is offered throughout the year in order to uphold our aim of promoting the mission of the church in the community and providing spiritually uplifting worship.

Saint Paul's Church

St. Paul’s is rooted in the Catholic tradition of the Church of England and offers a variety of styles of worship from the quiet contemplation of Evensong and Benediction to worship within the Parish and family masses. In addition to two or three Sunday services, morning prayer is said during the week as well as one weekday house mass per month. We have been fortunate to be able to continue to live stream our services during the year.

The church has a strong musical tradition with a large choir of adults and children. We are also fortunate to have a committed and lively team of bellringers who ring for major masses, weddings and other special occasions as a way of announcing those services, thus giving glory to God and maintaining a great British tradition.

St. Paul’s continues to be committed to building a single community made up of people of all ages and backgrounds. This sense of unity is focused on the way we meet with God together in prayer and worship, in singing and fellowship. Around this, we run groups for different stages of life.

We have a Sunday School which is popular and meets every week in term time. A weekly Coffee & Chat group, a fortnightly men’s lunch group , and a walking group are all established. The Mothers Union meets monthly and there is a men’s night every other month.

At the heart of the Church of England is the Parish system – the fact that we exist to welcome all people and to be of service to the community of which we form a part. St. Paul’s is open

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

every day for all to enter, whether it be to attend our regular services, to celebrate a wedding or a baptism, to give thanks for the life of a loved one during a funeral, or just to reflect and pray. Festivals, such as those at Christmas and Easter, attract many people to the church who would not normally attend, and these occasions especially enable us to reinforce our commitment of welcome, service and community.

Saint Nicholas’ Community Church

St. Nicholas’ Community Church is a more informal church offering worship for both the young and not-so-young. A weekly family mass is held in Emmbrook village hall.

The church also runs social and fundraising events throughout the year and comes together with the congregation of St. Paul’s on Mothering Sunday .

In addition to their contribution to, and support of, Parish committees and events the members of the congregation of St Nicholas ’ make a significant contribution to the life of the village of Emmbrook through their involvement in community groups such as the Townswomen’s Guild, Emmbrook Senior Citizens Tea Club, the Link Visiting Scheme, a Christian Aid coffee morning, by supporting the local schools including through Governorship, and by visiting and helping those who are unable to attend church services.

Fellowship Groups

In addition to services at each church fellowship groups continue to meet regularly in person and via Zoom throughout the whole Parish for prayer, bible study, support and worship.

ST. PAUL'S IN THE LOCAL COMMUNITY

St. Paul’s Church is an established venue for concerts hosted by local schools, choral and musical societies amongst others. These have included West Forest Sinfonia, Wokingham Choral Society, South Berkshire Singers, and Reading Symphony Orchestra, Emmbrook School, St. Paul’s (CE) Junior School and the Holt School.

Built 159 years ago by Mr John Walter III, St. Paul’s is Grade II* Listed and in need of regular attention. The Quinquennial Inspection Report has identified a number of important works required to maintain the church in a sound condition, which will be carried out as soon as funds permit. The churchyard continues to be maintained by a dedicated team of parishioners with working parties meeting every other week. During the year the local Community Payback Scheme worked with the team and have made a significant input to the management and maintenance of the churchyard, reinforcing the valuable contribution that this scheme is able to make. Mown access is now available to all parts of the churchyard and the Payback group are starting to maintain and refurbish the graves. New trees and hedging have been planted, unsightly trees removed and existing trees pruned. In addition, there is continuing progress to install accessible paths throughout the churchyard. St Paul’s Scouts have installed bird feeders.

The church is open daily for private prayer and contemplation. A display board with post-it notes is kept for visitors to share their thoughts or to make requests for prayers to be said on their behalf, the large number of entries illustrating the wide variety of people who visit.

During the year the church has maintained its profile in the local community through its contribution to a number of local schemes and initiatives, such as the Wokingham Food Bank

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

and supporting local care homes and nursing homes. Additionally, services continue to be streamed into local care and nursing homes, and for others who are unable to get to Church.

SCHOOLS IN CHURCH

We are delighted to welcome schools and children to St Paul's. They come for special services and concerts. They come to understand more of the way Churches work and look and what happens inside them. They come to learn about Easter and about what it is to live as a Christian. They often pop in on their way from School, to sit quietly or play with the toys.

We are involved with 7 schools locally - The Holt Secondary School, Emmbrook Infants, Emmbrook Juniors, Evendons Primary, Holme Grange School, and our two Church of England Schools- St Cecilia’s and St Paul's Juniors. Two other primary schools from further afield also use us as a place to visit and to find out more about the Christian faith and what it looks like when it is lived out. We are involved in a number of ways which vary with the school. They include taking assemblies, supporting the RE curriculum and governance.

We have excellent links with these Schools which means that people from St Paul's are involved in all of them in different ways (for example as Governors, leading assemblies, reading with individual pupils) and St Paul's Church is a place of quality encounter and deepening understanding, both in the context of understanding the place of the Christian faith in British society and encouraging every one of the pupils and staff and parents who come to School events in Church to experience something of holiness and space.

PASTORAL CARE

In 2019, a pastoral care scheme was introduced called Tithings whereby those who wish to be involved are allocated to a group, often geographical or by common interest, which then meets three or four times per year and also provides pastoral oversight of those in the group between meetings. Around 70 members of the congregation have been involved in these groups. These groups have continued to meet up in person or on Zoom. There is also a Pastoral Care Team who visit those who cannot get to church for whatever reason.

ST. PAUL’S MUSIC TRADITION

The church has a very strong music tradition that is supported by a resident choir and organist, and ably led by a professional Director of Music. During the year the choir has continued to sing for all Sunday morning masses, major festivals and for Evensong once a month. It regularly numbers 5 children and 28 adults who work together well, and the PCC thanks all its members for their hard work, support and enthusiasm.

The year’s musical highlights once again included the choir’s contribut ion to our Christmas services and successful trips to Bristol Cathedral and Southwark Cathedral to sing Choral Evensong.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

MISSION AND OUTREACH

During 2024, £6,700 was raised for our chosen charities: principally United Society Partners in the Gospel (USPG), Homestart Wokingham, The Children’s Society and Soulscape. Volunteers from the parish have continued to assist with the Foodbank and various community projects. The PCC of St. Paul’s continues to review ways of increasing outreach into the community and to establish additional pastoral links.

A Parish Email, established during the Pandemic, has continued to be published weekly which includes information on events and streamed services as well as articles, poems and photos with the aim of keeping everyone in touch as much as possible.

FUNDRAISING

Fundraising continued with the culmination of a series of organ recitals to raise funds to restore the pedal action of the organ and a sponsorship appeal and ‘Songs of Praise’ event to raise funds to purchase new hymnbooks. An Autumn Bazaar was held in early November.

DEANERY SYNOD

The PCC has four lay representatives to Deanery Synod who continue to provide an important link between the Parish and the wider structure of the church. Synod meetings have a recurring theme of Deanery finances and the difficulties faced by many Parishes in paying their Parish share. The adoption of the new Diocesan scheme for calculation of Parish share led to a lively debate, and eventually a decision to adopt the scheme with a 5-year transition period. The Deanery Mission Plan has continued to move forward, focusing on future levels of financial and numerical stability within the Deanery.

ECUMENICAL RELATIONSHIPS

Links with other local Churches are very important to St. Paul's and St. Nicholas’, both within the Anglican Deanery and with our ecumenical friends. St. Paul's and St. Nicholas’ are a member of Churches Together in Wokingham (CTW) a group of about 20 local churches whose objectives are to draw those churches into greater understanding and unity, to enable them to bear a more united witness in the community and serve it more effectively, and to give such expression to their common faith and devotion as may from time-to-time be found desirable. Participation in CTW events provides an opportunity of sharing faith and reaching out to a wider community.

In 2012 the Parish boundaries were changed to include Woosehill Community Church as a Conventional District with its own Church Council and financial independence. Woosehill is an Anglican/Methodist Local Ecumenical Partnership, and because of this our ecumenical awareness and understanding is now greater, and our relationships with other churches, especially the local Methodist Circuit, even stronger and more important.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

SAFEGUARDING

Safeguarding of children, young people and vulnerable adults is a fundamental part of the life of the Parish. We cannot be the Church unless everyone is safe and protected. Our Safeguarding Team works hard to ensure we follow best practice, create an environment and life which is safe for all and engages with the management of individual cases. Parish members are made aware of safeguarding processes and responsible persons from periodic reminders throughout the year at church services and notices displayed in church.

The PCC continues to follow the procedures in the Child Protection Manual. A review of the Safeguarding Policy is carried out annually in May each year which is agreed by PCC and signed and displayed in our buildings.

VOLUNTEERS

The community of St. Paul’s and St. Nicholas continues to be blessed with many volunteers and the PCC thanks all who give their time and talents so willingly. In addition, and as a part of our regular outreach into the local community, we have continued to support a number of local charities with both resources and volunteers, including the Wokingham Food Bank project.

FINANCIAL REVIEW

An exceptional surplus of £36,650 was made during the year principally through successful fundraising efforts. Unrestricted funds, which are used for the day-to-day administration of the parish, made up £19,608 of this figure whilst restricted funds generated a surplus of £17,042.

Planned giving, collections, donations and income tax recoverable were substantially higher than in the previous year, supported by active fundraising as well as an increase in deposit account interest. Against this, and despite continuing cost controls, the expenses of running the church rose by over £17,600. Once again, the largest item of expenditure was Parish Share which this year amounted to £80,623.

Activity across the Restricted Funds reflected a number of factors including higher interest income together with some generous donations for church restoration work, music and choir resources and churchyard maintenance, the latter focussed on funding the very substantial costs of felling an elderly cedar tree in the churchyard.

Total parish funds at the year-end stood at £561,801, of which £189,781 was restricted and £372,020 unrestricted. The bulk of the unrestricted funds (£240,000) is represented by the house provided for the Assistant Curate.

As in previous years sufficient reserves are maintained in current account funds which, at the present time, are equivalent to some six months’ expenditure, a figure considered appropriate given the very real likelihood of higher costs in 2025 and beyond.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham wlth St Nicholas, Emmbrook Independent Examiner's Report to the PCC of the Ecclesiastical Parish of St Paul, Wokin ham with St Nicholas, Emmbrook I report to the Trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Paul,Wokn'rKJham with St Nicholas, Emmbrook, (the Charity), for the year ended 31 st December 2024, which are set out on pages 13 to 20. Responsibilities and Basis of Report As the charity's Trustees you are responsible forthe preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act). I report in respect of my examination of the Charity's accourrts ca￿sed out under section 145 of the 2011 Act arKI in carying out my examination I have followed all the applicable Directions given by the Chanty Commission under section 145(5){b) of the Act. Independent Examinerfs Statement I have completed my examination. I confinn that no material rnatters have come to my attention in connection with the examination giving me cause to believe that in any material spect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord wrth those records,. or 3. the accounts do not cornply with the applicable requirements conceming the form and content of accounts set OLrt in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fai¢ view which is not a mattef considered as part of an independent examination. I have no cOn￿mS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. on Searancke CA ANZ O London Road Wokingham RG40 1YF 18th March 2025 12

The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Statement of Financial Activities for the year ended 31[st] December 2024

The notes on pages 15-20 form part of these accounts

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The Parochlal Church Council of the Ecclesiastical Parlsh of St Paul, Woklngham with St Nicholas, Emmbrook Balance Sheet as at 31st December 2024 Fund F￿d• 2024 2023 Fixed Assèts Tangible asse1$ 240.(UI 240. Total fixed assets 240.(KKI 240.3Ce Current Assets Debtors and prepayments Short terni deposlts Cash at bank and in hand 105,679 170.915 18. 276.594 48.132 Z23,415 55. Totsl curreni assets T￿.179 189.781 325.960 288.lJ)5 Creditors and Accruals 4159 4,159 3.162 Nei currenr assets 132 ￿20 189 781 321.801 284 843 Totsl assets less currenr liabilirles 372.020 189.781 561,801 525.151 NET ASSETS 372 Ir20 189.781 561.801 525.151 Parish Funds Unrestrlcted Fund Restricted Funds 372.020 189.711 352.412 172.739 TOTAL FUNDS 561.801 525 151 Approved by the PCC on 17th rch 2025 and signed on thelr behalf by: Mr Peter Wells Mr Llewellyn Austen The notes on pages 1 &20 fonn part of these accounts 14

The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts for the year ended 31[st] December 2024

Note 1 Accounting Policies

The financial statements have been prepared in accordance with the Charities SORP (Statement of Recommended Practice) FRS102.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application for the general purposes of the PCC. Funds that may be designated for a particular purpose by the PCC are also unrestricted.

Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in note 10.

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.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

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 reasonably certain.

Funds raised by bazaars, fêtes, garden parties and similar events are accounted for gross.

Sales of books and magazines from the church bookstall are accounted for gross.

Other Income

Rental income from the letting of church premises is recognised when the rental is due.

Income from investments

Dividends are accounted for when due and payable, and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

Gains and losses on investments

Realised gains or losses are recognised when investments are sold.

Unrealised gains or losses are accounted for on revaluation of investments at 31 December.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts (continued)

Note 1 Accounting Policies (continued)

Resources used

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid.

Fixed assets

Consecrated property and movable furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by s.96(2)(a) of the Charities Act 1993

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the Church’s inventory which can be inspecte d (at any reasonable time). For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight-line basis.

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £2,500 or on the repair of movable church furnishings acquired before 1 January 2000 is written off.

Other fixtures, fittings and office equipment

Individual fixtures, fittings and office equipment with a purchase price of £2,500 or less are written off when the asset is acquired. Assets with an individual purchase price of over £2,500 and a life in excess of one year are depreciated on a straight-line basis as follows:

Heating system - 10 years

Other fixtures, fittings and office equipment - 4 years

Investments

Investments are valued at market value at 31 December.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove un-collectable.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at Barclays Bank.

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts (continued)

Note 2 Analysis of Income

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts (continued)

Note 3 Analysis of Expenditure

Note 4

4(a) Trustee expenses

Out-of-pocket expenses of £8,514 were reimbursed to 9 PCC members (including clergy) during the year; (2023: £7,131 by 10 members).

4(b) Fees for examination or audit of the accounts

No independent examiner's fee was charged for reporting on the accounts; (2023: nil).

Note 5 Staff costs

The PCC has no employees.

During the year payments of £14,980 were made to the Director of Music and church organists; (2023: £11,955).

A payment of £13,531 was made to St Paul's Parish Room Trust for administrative support; (2023: £12,667).

Members of the PCC are also Trustees of the St Paul’s Parish Room Trust

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts (continued)

Note 6 Tangible fixed assets

The freehold land and buildings comprise the community priest's house at 13 Brook Close, Wokingham. The title to the property is held on trust for the benefit of the PCC by Diocesan Trustees (Oxford) Ltd. As the prime purpose of the property is to provide accommodation for clergy it is not treated as an investment asset.

Note 7 Debtors and prepayments

Note 8 Creditors and accruals

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The Parochial Church Council of the Ecclesiastical Parish of St Paul, Wokingham with St Nicholas, Emmbrook

Notes to the Accounts (continued)

Note 9

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