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2025-12-31-accounts

Charity registration number 1130714 (England and Wales)

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Reverend Father Damian HarrisonMiles Jane Alexander Charles Beresford Lindy Fozard Alan Knowles (PCC Treasurer until May 2025) Deborah Langston Juliet Marsh Jane Mason Stephen Mason (Churchwarden and Acting Treasurer from 18/05/25) Donna Miller (PCC Secretary) Neill Rubidge (Diocesan Synod Representative) Susan Rubidge (Deanery Synod Representative) Sue Scrivener Gretchen Spalt Margaret Wicks Jill Wilson (Churchwarden until May 2025) Reverend Tom Musson Reverend Barry Hengist David Hutt Trish Dodds Hilary Butler

(Appointed 18 May 2025) (Appointed 19 May 2025) (Appointed 19 May 2025)

Minutes Secretary

Donna Miller

Charity number (England and Wales) 1130714

Principal address

The Parish Centre Church Lane Weybridge Surrey KT13 8DN

Independent examiner

Frances Wilde FCCA DChA Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

CONTENTS

Page
Trustees' report 1 - 11
Independent examiner's report 12
Statement of financial activities 13 - 14
Balance sheet 15
Notes to the financial statements 16 - 35

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the PCC's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

St James’ Church has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical Parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church itself, the Parish Centre and for the residential properties within the Parish at 87 Greenlands Road, Weybridge and pays some expenses of The Rectory, Churchfields Avenue, Weybridge. This latter property is owned by the Diocese of Guildford.

In carrying out its activities, STJ PCC has had due regard to the Charity Commission’s guidance on public benefit. STJ PCC seeks to ensure that all activities further the Church’s charitable purposes and provide benefit to the public locally in ways that are accessible and inclusive. STJ PCC seeks to remove barriers to participation wherever possible to make activities welcoming to all.

The Church’s activities provide identifiable public benefit by

STJ PCC considers these benefits to be available to all in Weybridge and surrounding areas and not restricted just to church members.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

St James’ Leadership

January 2025 saw the second anniversary of Reverend Father Damian Harrison-Miles as our new Rector.

Our new Assistant Curate, The Reverend Tom Musson was ordained priest at Guildford Cathedral on Sunday 28[th] June 2025, attended by Tom’s family and close friends. He then presided over the Eucharist for the first time on Sunday 29th June (the feast of Peter & Paul, Apostles) which was followed by a BBQ lunch in the Church garden. A special collection raised approximately £1500 as a priesting gift from the community.

St James’ PCC and leadership have continued to evolve, with sustained and increased attendances at worship, and increased community engagement.

2025 Summary

In January 2025 the Clergy and Support Team held an evening of Marriage Preparation in Church for the five wedding couples planning to get married at St James’ Church during the year ahead. Following this a guide ‘Your Wedding Explained’ including all the possibilities and restrictions, as well as legal obligations upon couples getting married at St James’ was distributed. In 2025, the Church held 21 Funerals and 24 baptisms.

The Communications team continued to innovate and develop the weekly Notice Sheet. Apart from weekly service information and news, the sheet includes bible readings, the collect, post communion prayer and any printed hymns for the Sunday service. One side is colour printed, with the reverse black and white to help control costs. Banners and posters for major festivals were produced, utilizing the St James’ logo created in 2024 enhancing our visual outreach. The website was updated with our new branding and colour scheme, although problems persist with the base template which needs upgrading to allow for better functionality with mobile devices.

Our Church Choir, under Musical Director Lindsay Bridgwater, continued to uphold our choral tradition in support of the worship at St James’. The choir practices weekly and attends every Sunday morning, at all Festival services and the occasional Evensong as well as weddings and funerals when requested.

At Candlemas (February 2[nd] ) Bishop Paul, the Bishop of Dorking led a very special Eucharist, dedicating and blessing each area in church following the completion of re-ordering works. This occasion was followed by celebration lunch for all in the Parish centre.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Lent Course – well attended again with over 30 people taking part with daytime and evening sessions held on a Tuesday throughout Lent.

The APCM was held on Sunday 18th May 2025, at 11:30am in church. It was a positive celebration of many achievements, including continued work to replace the heating system and completion of the re-ordering works. Concerns were raised about car parking in the future, with another free church planning to move into central Weybridge without additional car parking provision.

In 2024 we formally adopted ChurchSuite as our web-based database management and communication software for our parishioners (Electoral Roll). Its use was expanded in 2025 to cover all service scheduling and serving team rotas.

In 2025 we transitioned from internally managed financial records to an outsourced bookkeeping model. During Q1 2025 we moved to digital financial records retention using Box, fully integrated with our external bookkeeping and accounting provider, Warner-Wilde. We also migrated from QuickBooks to Xero as our secure cloud-based accounting system, again fully integrated with our external provider. These changes have led to minor variations in coding, which affect comparability across years. Year-on-year comparisons should therefore be made with caution.

We further enhanced our digital capabilities by adopting Microsoft for Business, following a successful charitable-donation application in June. This strengthened our cyber-security and enabled the Leadership Team to use unique, protected email addresses with the domain @stjamesweybridge.org.uk removing the need for personal email address use.

The Clergy and Lay Pastoral team continued to visit Norfolk House care home and Bridge Court, as well as individuals in their own homes, with holy communion.

St James’ continues to advocate for Churches Together in Weybridge which is comprised of our six town churches – Christ the Prince of Peace, the Methodist Church, the Place Church, St James’ Church, St Mary’s Church, and the URC Walton and Weybridge. The group meets 4-5 times a year. In 2025, our combined activities were services of prayers for Christian Unity in January, the Good Friday Walk of Witness, the Weybridge Summer Festival, and Remembrance in November.

In September for the feast of the Blessed Virgin Mary a special service reflecting upon planned giving was held, followed by lunch. The Parish Giving Scheme (and its automated Gift Aid claim) was heavily promoted leading to additional update and increased donations.

Remembrance Sunday was very well attended, including the act of witness at Weybridge War Memorial. There were representations from St James, (including our team providing outdoor sound), the URC, Methodist and Roman Catholic Churches, and of course many local uniformed groups participating. This was followed by the annual Civic Service held at St James’ Church later in the afternoon. It is hoped that we can renew and grow relationships with more local uniformed organisations moving forward.

Weybridge Christmas Festival and Christmas Lights 2025 proved very popular, with attendance estimated at around 3,000 people across the afternoon. The Bishop of Guildford, The Rt Revd Andrew Watson attended the traditional Advent Sunday Christingle service at 3pm with money raised for external charities including The Children’s Society. He gave a gentle homily, aimed at families and children and stayed on to draw the raffle in the Parish Centre and attend the procession from St James’ Church (organised by St James’ CofE primary School) along Church Lane, Church Street and High Street to Monument Green for the official Christmas lights switch on. Our thanks to the team from St James’ and additional donations which enabled more lights to be installed in the trees around the west end of the churchyard, which looked stunning. The event was supported by a large team of volunteers from the congregation and wider community and provided an opportunity for welcoming engagement with residents and visitors to Weybridge.

This event set the scene for what would be a very successful Advent and Christmas season, with significant numbers in attendance with almost 1500 souls across Christmas Eve/Day!

Our Advent & Christmas Services were creative and inclusive. The church looked beautiful during Advent with greenery and Christmas flower arrangements. We hosted Lodge Brother’s (Local Undertakers) Annual Memorial Service which also saw their best attendance. The choir worked exceptionally hard on some new material, and the Crib services were very well attended, including children’s nativity and a bumper haul of gifts for Home Start, Elmbridge.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Our Christmas services had excellent attendance and collections too (matched by a very generous parishioner). Thanks go to everyone who made the very hectic Christmas Eve/Day period such a joy – everything running without a hitch – despite the increased attendance.

Church Development Plan (CDP).

STJ PCC and supporting teams have spent many months and much time reflecting, praying and consulting on a plan of priorities for our church community. At the heart of our values and vision is the Inclusive Church statement:“We believe in inclusive church – a church which celebrates and affirms every person and does not discriminate.

We will continue to challenge the church where it continues to discriminate against people on grounds of disability, economic power, ethnicity, gender, gender identity, learning disability, mental health, neurodiversity, or sexuality. We believe in a Church which welcomes and serves all people in the name of Jesus Christ; which is scripturally faithful; which seeks to proclaim the Gospel afresh for each generation; and which, in the power of the Holy Spirit, allows all people to grasp how wide and long and high and deep is the love of Jesus Christ .”

See: https://www.inclusive-church.org

Parish Needs Process.

The Diocese of Guildford Parish Needs Process (PNP) of which St James’ Church is a part, focuses on a listening process; to God, through all aspects of parish life - the church, the schools and the wider community. The goal of the PNP is to support all parishes as they identify top priorities for mission and growth, which forms the heart of a Church Development Plan (CDP). The Mission Enabler Team, from the Diocese of Guildford, with its range of specialisms, works with parishes to help confirm and implement this plan.

St James’ Weybridge CDP

Our plan has been drawn together over several months following a STJ PCC away day back in January 2024. Our plan was submitted to the Diocese of Guildford and part of The Archdeacon of Dorking’s Visitation in July 2024. It is a living document that we re-visit and remains under regular review. Some aspects of our plan are reliant upon generating additional income, while others are more about discipleship, identifying skills and sharing gifts (Time & Talents). The four priority areas identified were:

Goal 1: Growing Diversity

We are an intergenerational church and need to ensure we are meeting the needs of each age group with a particular focus on children and young people.

During 2025, STJ PCC reviewed progress against this goal. The Compass Group is now meeting more regularly. A family and children's team coordinates activities across all areas. The Ark group regularly had 40+ attendees, while the Lego group had an average attendance of 12 children. There were a small but steady number of families attending Junior Church. Interaction and integration with St James CofE Primary School continued and grew.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Goal 2: Growing Community

Improved communication. Celebrating who we are, an inclusive, intergenerational community at the heart of Weybridge Town Centre.

In 2025, we made further improvements in introducing ChurchSuite into our daily activities to help make our administrative processes more efficient and streamlined, particularly in relation to rotas, managing the Electoral Roll and maintaining up to date contact information and data protection compliance. We have commissioned new external noticeboards utilizing the brand /logo/identity and colour scheme created in 2024 which will enhance the appearance of the church and provide a more contemporary feel. We expect these will be installed during 2026.

Goal 3: Growing Community - Eco Church

To strive to safeguard the integrity of creation and sustain and renew the life of the earth.

In 2025 progress on the Eco Church was slower than planned due to capacity constraints; however, significant environmental improvements were delivered through the replacement of the church heating system, with a more efficient heating system, was finally completed November 2025.

Goal 4: Growing Discipleship

To teach and deliver a programme of engagement with the core, the wider church community and those beyond as we seek to grow our inclusive community.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

In 2025 we celebrated the completion of Access for All and the re-ordering plans. We ran an Emmaus Course during Autumn 2025 and have utilised the re-ordered All Souls Space for many community (public) and church meetings throughout 2025.

STJ PCC will review activities in light of the 3rd Parish Needs Process with a focus on community and parish, run by the Diocese of Guildford in 2026.

Our Vision Prayer.

Living God, by the guidance of your Holy Spirit, make us heralds of good news in Weybridge. Stir us your people, that in Word and Sacrament, prayer and service we may be inspired to share your love for all, with generosity and joy, imagination and courage, for the sake of Jesus Christ our Lord. Amen.

Donations to Charities

Several donations to UK charities were made during the year as a result of specific collections organised by the congregation at St James’.

Safeguarding

STJ PCC has adopted the Church of England “Promoting a Safer Church” Policy Statement, House of Bishops Practical Guidance and supporting diocesan safeguarding protocols. This policy statement actively underpins all safeguarding work within the church. “Promoting a Safer Church” sets out the Church of England’s commitment to making the church a safer place for all. The Policies and Practice Guidance apply to all Church bodies and church officers. All clergy, bishops, archdeacons, licensed readers and lay workers, church wardens and Parochial Church Councils must have due regard to safeguarding guidance issued by the House of Bishops.

The Policy Statement, Policies, Guidance and Protocols are available to view on the diocesan website at www.cofeguildford.org.uk/safeguarding.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

At STJ PCC we are committed to the support, nurture and protection of all in our church community. The Parish will:

Each person who works within this church community will agree to abide by this policy and the guidelines established by this church.

STJ PCC is satisfied, based on reports received during the year, that safeguarding policies and procedures were appropriately implemented at St James’, and that safeguarding training and safer-recruitment requirements were monitored and maintained during 2025

Financial Review

As a Charity we are wholly reliant on income from voluntary donations and the letting of our Parish Centre to allow us to carry out our ministry in Weybridge.

As part of our 2025 transition from internally managed financial records and accounts to an outsourced bookkeeping model, fully integrated with our provider, Warner Wilde, we migrated from QuickBooks to Xero as our secure cloud-based accounting system. This change has led to minor variances in coding and year on year comparisons.

STJ PCC has considered the financial position of the charity, including projected income and expenditure, and is satisfied that St James’ Church Parochial Church Council remains a going concern. STJ PCC believes that the transition to outsourced bookkeeping and cloud-based accounting has strengthened financial controls, transparency and resilience.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Income

In 2025 our total annual income decreased compared to 2024 from to £390,386 to £309,259.

This difference mainly reflects the significant 2024 fundraising for the Church’s Capital Program to replace the old boiler with two significantly more effective gas boilers for much reduced energy consumption and heating. After significant delay’s this system was finally completed and commissioned in 2025.

There has been some growth in our donation income, our investment income. We continued our fundraising activities in 2025 raising £5,000 from the Weybridge Christmas Festival and nearly £12,000 from the Christmas Giving campaign (mainly due to a very generous parishioner matching donation).

We are very grateful for all the financial support we have received throughout the year in the following ways:

External grants and sponsorship income

We were very fortunate to receive external grants towards some of our expenses and larger projects in 2025 and beyond as follows:

Additionally, we were very fortunate to receive several small donations totalling £2645 covering the costs of our Christmas Festival activities in December 2025, including, for example, Christmas light displays, Christmas tree and the hire of a Carousel etc.

Expenditure

Total annual unrestricted expenditure has also decreased compared to 2024 from £342,428 to £322,838. This reduction reflects completion of the Church’s 2024 Capital Program to install the new boilers and heating system.

However, the delay in commissioning the new boilers in 2024 in time for the winter period resulted in the Church being heated by oil-filled electric radiators for the whole of the winter season. While no gas was consumed to heat the church during this period, the net impact was an additional ~£10,000 spent on utilities (electricity).

By far the biggest single 2025 expense was the Parish Share which provides the stipends and housing for the clergy and a contribution to the shared costs of the Diocese. A sum of £108,798 (2024: £113,763) in relation to the Parish Share was paid during the year to the Diocese.

A one-off expense in 2025 of approximately £12,000 arose from temporary staffing costs (January–May) and an agency break fee following the resignation of the Parish Administrator.

Two insurance claims were made in 2025, following 1) break-in and theft from the storage shed and then 2) overnight vandalism to the glass mobility access doors installed in 2024. Ecclesiastical Insurance covered all costs of replacement minus the contractual deductibles.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

In 2024 we had launched the Alleluia Fund, a restricted fund to raise money to fund projects outside of the PCC’s regular operating budget, to help St James’ strengthen its physical presence and spiritual mission in Weybridge. In its second year we have achieved the following:

Overall Impact

The net effect of the above income and expenditure flows has resulted in a small net outflow of £12,797 after net gains/(losses) on investments and transfers between funds. This outcome is considered appropriate by STJ PCC given the scale of activity and the non-recurring costs incurred during the year.

Electoral Roll In April 2025, STJ PCC renewed the Electoral Roll, with the total number of applicants = 164. 79 people reside in the parish and 85 reside outside the parish. Since the renewal, there have been another 16 applicants, 10 of which reside in the parish and 6 reside outside the parish. Three members have been deleted.

The total on the roll at the end of 2025 = 177.

Reserves Policy

STJ PCC policy is to maintain a balance which equates to at least six months of unrestricted payments to cover emergency situations that could arise from time to time, and this has been achieved throughout 2025.

It is our policy to invest our funds balances with the CBF Church of England Deposit Fund and investments in the form of CCLA and M & G Charifund Shares held with M & G Securities.

On 31 December 2025, STJ PCC held unrestricted reserves of £234,467, which represents approximately 9.5 months of unrestricted expenditure and is consistent with this policy. STJ PCC recognises that not all reserves are held as immediately available cash and accordingly reviews liquidity regularly as part of its financial oversight.

Risk Management

STJ PCC has reviewed the principal risks facing the charity and considers these to include financial sustainability, reliance on volunteers, the maintenance of historic buildings, safeguarding, and cyber security/data protection. Systems and controls are in place to mitigate these risks, including budget monitoring, insurance arrangements, safeguarding oversight, regular building inspections and the use of secure digital systems.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

The PCC members who served during the year were:

Reverend Father Damian Harrison-Miles Jane Alexander Charles Beresford Lindy Fozard Alan Knowles (PCC Treasurer until May 2025) Deborah Langston Juliet Marsh Jane Mason Stephen Mason (Churchwarden and Acting Treasurer from 18/05/25) Donna Miller (PCC Secretary) Neill Rubidge (Diocesan Synod Representative) Susan Rubidge (Deanery Synod Representative) Sue Scrivener Gretchen Spalt Margaret Wicks Jill Wilson (Churchwarden until May 2025) Reverend Tom Musson Reverend Barry Hengist David Hutt (Appointed 18 May 2025) Trish Dodds (Appointed 19 May 2025) Hilary Butler (Appointed 19 May 2025)

The method of appointment of STJ PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the STJ PCC.

New trustees are provided with information from the Charity Commission website and talk with existing trustees regarding trustee responsibilities. Trustees are also encouraged to go on training courses to ensure they can undertake their own responsibilities on STJ PCC.

The full STJ PCC met six times during the year for their regular business as usual STJ PCC meetings. There were further meetings by Zoom for matters arising between the usual bi-monthly meetings which required urgent attention and approval.

Additional meetings were held by the Standing Committee to deal with matters that arose between STJ PCC meetings.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the PCC should undertake. Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the PCC continues and that the appropriate training is arranged. It is the policy of the PCC that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Looklng Forward 2026 is expected to ￿ a year of c0nsdh1alK￿. A budget was ¥provèd and a umtraclor sefecied repair arKI Mainte￿Ce ofthe splm (rtrpolniedl followNig the 2023 Quinwennial inspection. It is hcyed to compbele ¥ Garden of Remembrance lor thè burial of8shes. Throug1￿￿ the yearw¢ Icdt forw8rd lo fwther cornrw ets￿ts. Ike the W&ybrithJ8 Flower Festival. th Chrisimas Fesbval, conrgrts arvj sefvices, and the fixthw oftr* Fiul)ank The Art. Approval and Slgnlng Tho Iruslees. rewl was aihjptéd by thè Bowd of Tnths and $L￿SeqUent￿ submitted lo theAnnual Parochtal CTrwrch Meeting on SuThJay May 17th where it was fOr￿Y ar(￿Ve￿ by I￿0 Iheren presgnt. Rgvgrend Father Oamian HarrisorFMI'l&s Chalrnian 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

I report to the trustees on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of St James Weybridge (the PCC) for the year ended 31 December 2025.

Responsibilities and basis of report

As the trustees of the PCC you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the PCC’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the PCC’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for accounts to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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 in order to enable a proper understanding of the financial statements to be reached.

Frances Wilde FCCA DChA

Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF Date: ............................04/06/26

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2025

Current financial year
Unrestricted Unrestricted
Restricted Endowment
funds
funds
funds
funds
general designated
2025
2025
2025
2025
Notes
£
£
£
£
Income and endowments from:
Donations and legacies
3
135,993
-
35,192
-
Charitable activities
4
23,279
-
-
-
Other trading activities
5
11,544
-
-
-
Investments
6
89,444
-
1,309
-
Other income
7
12,498
-
-
-
Total income
272,758
-
36,501
-
Expenditure on:
Raising funds
8
2,064
-
364
-
Charitable activities
9
288,494
-
31,916
-
Total expenditure
290,558
-
32,280
-
Net gains/(losses) on
investments
14
4,897
-
(3,993)
(122)
Net income/(expenditure)
(12,903)
-
228
(122)
Transfers between funds
7,358
(7,500)
142
-
Net movement in funds
11
(5,545)
(7,500)
370
(122)
Reconciliation of funds:
Fund balances at 1 January 2025
240,012
137,500
196,925
4,054
Fund balances at 31 December
2025
234,467
130,000
197,295
3,932		 Total
2025
£
171,185
23,279
11,544
90,753
12,498
309,259
2,428
320,410
322,838
782
(12,797)
-
(12,797)
578,491
565,694		 Total
2024
£
245,375
25,912
12,764
104,680
1,655
390,386
-
342,428
342,428
6,438
54,396
-
54,396
524,095
578,491

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Prior financial year
Unrestricted
Unrestricted
Restricted
Endowment
funds
funds
funds
funds
general
designated
2024
2024
2024
2024
Notes
£
£
£
£
Income and endowments
from:
Donations and legacies
3
148,309
-
97,066
-
Charitable activities
4
25,912
-
-
-
Other trading activities
5
12,764
-
-
-
Investments
6
104,680
-
-
-
Other income
7
1,655
-
-
-
Total income
293,320
-
97,066
-
Expenditure on:
Charitable activities
9
253,514
-
88,914
-
Total expenditure
253,514
-
88,914
-
Net gains/(losses) on
investments
14
3,523
-
2,847
68
Net income
43,329
-
10,999
68
Transfers between funds
(16,451)
15,000
1,451
-
Net movement in funds
11
26,878
15,000
12,450
68
Reconciliation of funds:
Fund balances at 1 January 2024
213,134
122,500
184,475
3,986
Fund balances at 31 December
2024
240,012
137,500
196,925
4,054		 Total
2024
£
245,375
25,912
12,764
104,680
1,655
390,386
342,428
342,428
6,438
54,396
-
54,396
524,095
578,491

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE BALANCE SHEET ASAT31 DECEMBER 2025 2024 Flx•d as••t• Tanyibk ¥$sets Investments 16 17 136.005 255.216 127.889 254.434 391,221 382.323 Currnnl 4$8•ts 08btors Cash al bank and in haNI 18 162,736 213,611 201.618 260,555 Creditors: amounts falllng du• wlthln one year 1• (27.14S) {64,3871 N•t ¢urr•nt ass•ts 174.473 1%.168 Total ags•ts less Currnnt labiliti•s 565.694 S78,491 Th• fund• of tho PCC Endowment lunds Endowmgnl lunds- reve*JatKJn Restrlcted Incomè fund$ Restricted funds- rwdlLHtity) Unrestrcted funds- general Unrestn'¢ted funds- ￿ValUatiC Unrestricted fun¢Js- de5wJnat8d 2.250 1.682 141.609 55.686 160.203 74.264 130.ory) 2,250 1,804 137.246 59,679 155.216 84,796 137.500 23 25 565.694 578.491 The fin8ntial stalements were wwoved by the trustg8S ￿ ... . .. ...... Rever8ThJ Father Dam1￿ Hv4rison4thiles Chalrm•n 15-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

The Parochial Church Council of the Ecclesiastical Parish of St James Weybridge operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the PCC's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The PCC is a Public Benefit Entity as defined by FRS 102.

The PCC has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The accounts 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The accounts are prepared in sterling, which is the functional currency of the PCC. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the PCC has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the PCC.

1.4 Income

Income is recognised when the PCC is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

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 when the income is recognised.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

Donated goods and services are recognised when receipt of the goods or services is probable and the benefit can be measured reliably. The basis of the value of the gift to the charity is the amount the PCC would have been willing to pay to obtain those goods or services on the open market. A corresponding amount is then recognised as expenditure or fixed assets in the period of receipt.

1.5 Expenditure

Liabilities and the resulting expenditure are recognised when either a legal or constructive obligation is recognised.

Grants

Grants and donations are accounted for when paid over, or when awarded, if the award creates a binding obligation on the PCC.

Activities directly related to the work of the Church

The Diocesan Parish Share is accounted for when paid. Any amounts unpaid at 31 December are provided for in the accounts as an operational (though not a legal) liability and is shown as a creditor on the balance sheet.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold property & improvements 40 years straight line, Improvements - 10 years straight line. Fixtures & equipment Straight line over 4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

Consecrated or beneficed property of any kind is excluded from these accounts by virtue of Section 10 of the Charities Act 2011. Items acquired since 1 January 1995 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight line basis. All expenditure incurred during the year on consecrated or beneficed buildings, individual items under £250 or on the repair of moveable church furnishings acquired before 1 January 1995 is written off.

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items with a purchase price of £250 or less are written off when the asset is acquired.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

Investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.8 Impairment of fixed assets

At each reporting end date, the PCC reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The PCC has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the PCC's balance sheet when the PCC becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently measured at the cash or other consideration expected to be received and not discounted unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently measured at the cash or other consideration expected to be paid and not discounted.

Derecognition of financial liabilities

Financial liabilities are derecognised when the PCC’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the PCC is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.13 Reserves

The PCC policy is to hold (i) current funds equivalent to 6 months income in order to cover any unforeseen changes in circumstances, and (ii) designated funds for general repairs to cover any unforeseen and uninsured major repairs or refurbishment of the properties under the care of the PCC.

2 Critical accounting estimates and judgements

In the application of the PCC’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
134,899
15,192
Legacies
-
-
Grants
360
20,000
Donated goods and
services
734
-
135,993
35,192
Donations and gifts
Planned giving - Gift Aid
donations
76,796
1,000
Planned giving - other
planned giving
8,934
2,250
Collections (open plate)
at all services
12,040
-
Special collections
-
10,842
Sundry donations
2,981
1,100
Income tax recoverable
21,393
-
Digital donations
12,755
-
134,899
15,192		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
150,091
143,947
36,563
-
1,000
-
20,360
3,362
60,503
734
-
-
171,185
148,309
97,066
77,796
85,774
24,186
11,184
12,394
-
12,040
7,396
-
10,842
-
10,475
4,081
3,063
-
21,393
29,115
1,902
12,755
6,205
-
150,091
143,947
36,563		 Total
2024
£
180,510
1,000
63,865
-
245,375
109,960
12,394
7,396
10,475
3,063
31,017
6,205
180,510

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Income from donations and legacies
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Grants
Friends of St James
-
15,000
Surrey County Council
-
-
Community Infrastructure
Levy
-
-
National Churches Trust
-
-
Richer Sounds
Foundation
-
5,000
Elmbridge Borough
Council
360
-
360
20,000
Income from charitable activities
Service fees
Fees
Miscellaneous
Other income
Income from other trading activities
Non-charitable trading activities
Fundraising events
Other trading activities		 Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
(Continued)
15,000
-
40,000
40,000
-
-
5,503
5,503
-
-
15,000
15,000
-
3,362
-
3,362
5,000
-
-
-
360
-
-
-
20,360
3,362
60,503
63,865
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
16,968
18,483
6,311
7,429
23,279
25,912
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
2,181
2,512
9,363
10,252
11,544
12,764		 Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
(Continued)
15,000
-
40,000
40,000
-
-
5,503
5,503
-
-
15,000
15,000
-
3,362
-
3,362
5,000
-
-
-
360
-
-
-
20,360
3,362
60,503
63,865
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
16,968
18,483
6,311
7,429
23,279
25,912
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
2,181
2,512
9,363
10,252
11,544
12,764
12,764

3 Income from donations and legacies

4 Income from charitable activities

5 Income from other trading activities

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

6 Income from investments

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Rental income
75,986
-
Income from listed
investments
8,949
-
Interest receivable
4,509
1,309
89,444
1,309		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
75,986
89,509
-
8,949
9,175
-
5,818
5,996
-
90,753
104,680
-		 Total
2024
£
89,509
9,175
5,996
104,680

7 Other income

Insurance claim repayments
Expenditure on raising funds
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Fundraising and publicity
Advertising
356
-
Other fundraising costs
1,708
364
2,064
364		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
12,498
1,655
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
356
-
-
-
2,072
-
-
-
2,428
-
-
-		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
12,498
1,655
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
356
-
-
-
2,072
-
-
-
2,428
-
-
-
Total
2024
£
-
-
-

8 Expenditure on raising funds

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

9 Expenditure on charitable activities

Direct costs
Staff costs
Depreciation and impairment
Parish share
Clergy expenses
Cleaning & waste disposal
Access for All project
Events
Heat, light & insurance
Repairs
Service fees
Choir & organ expenses
Bells
Alleuia Fund expenses
Telephone
Parish Office
Irrecoverable debts
Other charitable expenditure
Share of support and governance costs (see note 10)
Support
Governance		 Ministry
Church
Expenditure
Property
Expenditure
2025
2025
2025
£
£
£
38,007
-
-
1,835
-
13,061
108,798
-
-
600
-
-
-
2,978
11,375
-
-
-
3,953
-
-
-
37,389
6,526
-
37,841
4,997
-
12,669
-
-
3,540
-
-
-
-
-
-
-
-
-
2,397
-
-
5,481
1,113
-
-
8,808
-
-
163,114
94,417
43,837
9,812
-
1,565
7,665
-
-
180,591
94,417
45,402		 Total
2025
£
38,007
14,896
108,798
600
14,353
-
3,953
43,915
42,838
12,669
3,540
-
-
2,397
5,481
1,113
8,808
301,368
11,377
7,665
320,410		 Ministry
Church
Expenditure
Property
Expenditure
2024
2024
2024
£
£
£
25,998
-
-
-
-
10,003
113,763
-
-
515
-
-
-
-
17,271
-
-
64,274
7,607
-
-
-
23,045
7,109
-
8,023
14,939
-
11,271
-
-
4,068
-
-
955
-
-
-
4,837
1,036
-
1,169
-
-
3,418
2,008
-
-
6,322
-
-
157,249
47,362
123,020
6,947
-
5,792
2,058
-
-
166,254
47,362
128,812		 Total
2024
£
25,998
10,003
113,763
515
17,271
64,274
7,607
30,154
22,962
11,271
4,068
955
4,837
2,205
3,418
2,008
6,322
327,631
12,739
2,058
342,428

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

9
Expenditure on charitable activities
Analysis by fund
Unrestricted funds - general
Restricted funds		 167,624
12,967
180,591		 86,235
8,182
94,417		 34,635
10,767
45,402		 288,494
31,916
320,410		 158,077
8,177
166,254		 42,332
5,030
47,362		 (Continued)
53,105
253,514
75,707
88,914
128,812
342,428		 (Continued)
53,105
253,514
75,707
88,914
128,812
342,428
342,428

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

9 Expenditure on charitable activities

(Continued)

The expenses allocated to properties other than church expenditure are as follows:
2025 2024
Parish Centre £27,492 £35,530
The Rectory £ 1,041 £ 1,230
Greenlands Road £ 2,081 £ 8,900

Clergy expenses only includes expenses relating to travel costs. Other clergy expenses are included in the relevant expense code.

Total clergy expenses are £2,280 (2024: £2,732)

10 Support costs allocated to activities

Miscellaneous expenses
Staff training
Governance costs
Analysed between:
Ministry
Property Expenditure
Governance costs comprise:
Accountancy
Independent examination
Bank charges
11
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets		 2025
£
8,454
1,523
9,065
19,042
17,477
1,565
19,042
2025
£
7,146
1,390
529
9,065
2025
£
1,390
14,896		 2024
£
12,044
695
2,058
14,797
9,005
5,792
14,797
2024
£
720
1,338
-
2,058
2024
£
1,338
10,003

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

12 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year (2024: None).

13 Employees

The average monthly number of employees during the year was 2 part time employees, which equates to 1 full time staff.

full time staff.
2025 2024
Number Number
2 2
Employment costs 2025 2024
£ £
Wages and salaries 37,763 25,676
Other pension costs 244 322
38,007 25,998

Salary costs include £12980 in respect of temporary staff.

There were no employees whose annual remuneration was more than £60,000.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

14 Gains and losses on investments

Unrestricted **Restricted ** Endowment Total Unrestricted **Restricted ** Endowment Total
funds funds funds funds funds funds
2025 2025 2025 2025 2024 2024 2024 2024
Gains/(losses) arising on: £ £ £ £ £ £ £ £
Revaluation of investments 4,897 (3,993) (122) 782 3,523 2,847 68 6,438

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

15 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

16 Tangible fixed assets

Leasehold
property &
improvements
Fixtures &
equipment
£
£
Cost
At 1 January 2025
440,718
48,991
Additions
17,255
5,757
At 31 December 2025
457,973
54,748
Depreciation and impairment
At 1 January 2025
316,960
44,860
Depreciation charged in the year
12,721
2,175
At 31 December 2025
329,681
47,035
Carrying amount
At 31 December 2025
128,292
7,713
At 31 December 2024
123,758
4,131		 Total
£
489,709
23,012
512,721
361,820
14,896
376,716
136,005
127,889

The freehold land and buildings comprise the curate's house located at Greenlands Road and the Parish Centre. For accounting purposes the historical cost of Greenlands Road is deemed to be its 1995 valuation and the historical cost of the Parish Centre is deemed to be its 1996 valuation. These valuations have not been updated.

17 Fixed asset investments

Listed
investments
£
Cost or valuation
At 1 January 2025 254,434
Valuation changes 782
At 31 December 2025 255,216
Carrying amount
At 31 December 2025 255,216
At 31 December 2024 254,434

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

17 Fixed asset investments

(Continued)

Fixed asset investments revalued

Investments are shown at market value at the balance sheet date. The historical cost of £123,585 is based on the 2009 valuation which is the earliest for which figures are available.

18 Debtors

Amounts falling due within one year:
Trade debtors
Other debtors		 2025
£
13,550
25,332
38,882		 2024
£
-
46,944
46,944

19 Creditors: amounts falling due within one year

2025
Notes
£
Other taxation and social security
256
Deferred income
20
10,385
Other creditors
591
Accruals
15,913
27,145
20
Deferred income
2025
£
Other deferred income
10,385
Deferred income is included in the financial statements as follows:
2025
£
Deferred income is included within:
Current liabilities
10,385
Movements in the year:
Deferred income at 1 January 2025
10,753
Released from previous periods
(10,753)
Resources deferred in the year
10,385
Deferred income at 31 December 2025
10,385		 2024
£
-
10,753
-
53,634
64,387
2024
£
10,753
2024
£
10,753
-
-
10,753
10,753

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

21 Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 244 322

The PCC operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the PCC in an independently administered fund.

22 Endowment funds

Endowment funds represent assets which must be held permanently by the PCC. Income arising on the endowment funds can be used in accordance with the objects of the PCC and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

At 1 January Gains and At 31
2025 losses December
2025
£ £ £
Permanent endowments
Thomson Grave 3,054 (122) 2,932
Dr Kinzie legacy 1,000 - 1,000
4,054 (122) 3,932
Previous year: At 1 January Gains and At 31
2024 losses December
2024
£ £ £
Permanent endowments
Thomson Grave 2,986 68 3,054
Dr Kinzie legacy 1,000 - 1,000
3,986 68 4,054

The Dr Kinzie legacy of £1,000 has been analysed as an endowment fund following the publication of research information relating to the origin of various restricted funds.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

23 Restricted funds

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

At 1
Joe Sharp
Memorial fund
Manna Centre
Legacy
Special
donations &
fundraising
Families &
Children's Fund
Weybridge
Educational
Trust
Locke King
Trust
Portmore Land
Estates
Friends of St
James - FOSJ
Runnymede &
Weybridge
Foodbank
Princess
charlotte
Heating Project
Access for All -
servery doors
Alleluia Fund		 January
2025
Incoming
resources
Resources
expended
Transfers
Gains and
losses
At 31
December
2025
£
£
£
£
£
£
2,350
-
(2,396)
46
-
-
-
3,839
(3,935)
96
-
-
1,000
-
-
-
-
1,000
707
5,759
(5,956)
-
-
510
1,041
1,424
(1,724)
-
-
741
4,543
-
(4,530)
-
-
13
26,730
-
-
-
(1,069)
25,661
73,139
-
-
-
(2,924)
70,215
40,000
1,309
(4,500)
-
-
36,809
3,284
-
(27)
-
-
3,257
-
1,000
(425)
-
-
575
40,000
15,000
(5,896)
-
-
49,104
4,131
-
(2,065)
-
-
2,066
-
8,170
(826)
-
-
7,344
196,925
36,501
(32,280)
142
(3,993)
197,295

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

23
Restricted funds
Previous year:
At 1
Joe Sharp
Memorial fund
Legacy
Manna Centre
Special
donations &
fundraising
Families &
Children's Fund
Weybridge
Educational
Trust
Locke King
Trust
Portmore Land
Estates
Friends of St
James - FOSJ
Runnymede &
Weybridge
Foodbank
Heating Project
Access for All
Appeal
Access for All -
servery doors
Alleluia Fund		 (Continued)
January
2024
Incoming
resources
Resources
expended
Transfers
Gains and
losses
At 31
December
2024
£
£
£
£
£
£
2,350
-
-
-
-
2,350
1,000
-
-
-
-
1,000
-
2,163
(2,163)
-
-
-
413
3,817
(3,881)
358
-
707
336
1,017
(312)
-
-
1,041
9,073
-
(4,530)
-
-
4,543
26,132
-
-
-
598
26,730
95,890
-
-
(25,000)
2,249
73,139
-
40,000
-
-
-
40,000
3,284
1,326
(1,326)
-
-
3,284
-
15,000
-
25,000
-
40,000
39,800
24,354
(64,274)
120
-
-
6,197
-
(2,066)
-
-
4,131
-
9,389
(10,362)
973
-
-
184,475
97,066
(88,914)
1,451
2,847
196,925

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

23 Restricted funds

(Continued)

Joe Sharp Memorial Fund - Established in memory of the late Joe and Betty Sharp and to be used towards funding of the church fabric.

Legacy - An anonymous legacy to be used towards funding of the church fabric.

Manna Centre - A charity running a day centre for homeless people in and around Central London, providing food, housing and welfare advice and a change of clothes.

Families & Children’s Fund - established for the promotion of Christian activities that support families and children.

The Weybridge Educational Trust - This arose from the interest of the Parish of St James in the sale of the site of St James' Church of England First School that was closed in August 1992. The funds received from that sale were wholly expended on the building of the New Hall in 1996 and the value of this fund is therefore represented by buildings rather than by cash at bank. Each year in accordance with applicable accounting standards, an estimate of the amount the buildings have worn out by (depreciation) is set against the remainder of this fund and will continue each year until the value remaining is £nil.

Locke King Trust - The capital of this Fund should remain intact and the PCC should from time to time apply the income to augment the Assistant Clergy Fund of the Parish or towards the stipend of the Curate or otherwise for ecclesiastical purpose per Section 5 PCC (Powers) Measure 1921.

Portmore Land Estates - This Fund comprises the Portmore Estate Fund and the Portmore Park Land Sale investments. The PCC may access the capital and income for ecclesiastical purpose guided by Section 5 PCC (Powers) Measure 1921.

Friends of St James - A charity formed of local people and organisations who appreciate the value of St James Church in Weybridge and who raise funds for the repair, restoration and maintenance of the Church.

Runnymede & Weybridge Foodbank - This charity aims to provide a lifeline for families in the Runnymede and Weybridge communities experiencing financial hardship and who are desperately short of food.

Access for All Appeal

Phase 1 - to raise funds for the installation of a servery with a running water facility and to modify the North and South doors to allow for independent access for disabled people via the North Door. Phase 2 - to enable some significant reordering of the Church to create a more flexible space in the All Souls Chapel, the Lady Chapel and the rear of the Nave.

Alleluia Fund - To raise money to fund projects outside of the PCC's regular operating budget. Funding for such projects helps St James' continue to strengthen our physical presence and our spiritual mission in Weybridge and beyond.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

24 Unrestricted funds - designated

These are unrestricted funds which are material to the PCC's activities.

At 1
Church Building
Curate's House
Parish Centre
Access for All
Families & Children's Fund
Previous year:
At 1
Church Building
Curate's House
Parish Centre
Access for All
Families & Children's Fund		 January
2025
Transfers
At 31
December
2025
£
£
£
50,000
-
50,000
15,000
-
15,000
50,000
-
50,000
7,500
(7,500)
-
15,000
-
15,000
137,500
(7,500)
130,000
January
2024
Transfers
At 31
December
2024
£
£
£
50,000
-
50,000
15,000
-
15,000
50,000
-
50,000
7,500
-
7,500
-
15,000
15,000
122,500
15,000
137,500

25 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January Incoming Resources Transfers Gains and At 31
2025 resources expended losses December
2025
£ £ £ £ £ £
General funds 165,748 272,758 (290,558) 7,358 4,897 160,203
Revaluation
reserve 74,264 - - - - 74,264

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

25 Unrestricted funds Unrestricted funds (Continued)
Previous year: At 1 January Incoming Resources Transfers Gains and At 31
2024 resources expended losses December
2024
£ £ £ £ £ £
General funds 128,338 293,320 (253,514) (16,451) 3,523 155,216
Revaluation
reserve 84,796 - - - - 84,796
26 Analysis of net assets between funds
Unrestricted Unrestricted Restricted Endowment Total
funds funds funds funds
general designated
2025 2025 2025 2025 2025
£ £ £ £ £
At 31 December 2025:
Tangible assets 14,860 65,000 56,145 - 136,005
Investments 155,407 - 95,877 3,932 255,216
Current assets/(liabilities) 64,201 65,000 45,272 - 174,473
234,468 130,000 197,294 3,932 565,694
Unrestricted Unrestricted Restricted Endowment Total
funds funds funds funds
general designated
2024 2024 2024 2024 2024
£ £ £ £ £
At 31 December 2024:
Tangible assets 14,215 65,000 48,674 - 127,889
Investments 150,510 - 99,870 4,054 254,434
Current assets/(liabilities) 75,287 72,500 48,381 - 196,168
240,012 137,500 196,925 4,054 578,491

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

27 Related party transactions

Restricted grants totalling £16,309 for the church spire and heating were received from The Friends of St James' Church, Weybridge, in the borough of Elmbridge, Surrey during the year. Three PCC members are also trustees of the charity.