VERWOOD PAROCHIALCHURCH COUNaL (the PCC) Reglstwed bvlth the Charitles Comm1551on as a aiarltyuiKJer number 1130729 To knowJesusChrlstaFdtomakeHlnF k>own. SLMichaelS,Verwood &Am5aknSTh￿eLeg9ed Cros5 ANNUAL REPORT for theyear l january2￿25t0 31 DK￿ber 2025 The PCC15 the Ch<yTrustee bodywhkh covers tt¥o thurches: St Mld)ael andAI Angels Church Hlll,VeTWt>)d and I sain￿ Churth Roa(I, Thr￿ Legged Cros& corresponden￿ adtre andcmttrwed to be gratefvl that the uptske of our facllttles con￿nUed to Thts me￿t that o¢x Income knryeased too. Rentsl r*¢$ were r•Aewed at eèch r￿etIng to make gjre that utl11tych￿e5wer¢ covered and ow rates were #IY compettllve. All othar regular mabntenance *vrkwas carrle£l out as per schethh.Deep cleanlry of the kttthen wa5 carrl•d out In Aprll Ottobw. Wewqre trspethd ty the Health and H5ffJleneCwndl Jn5Ptttor agaln achlwtr 5 star gradlng. Al mwnber5 ofth• caterhig Food Saftyand Hjylene certlftcate4 vA)lth are renth¥ed every3￿ A ￿11 prograrr4n• ol fvndral* and s¢xW aoMde5 was lryyemurted the Jtar É1384 behg added toourthurth funds. kntsln 2025 knduded LentLIN￿￿a Passoverm•al andcelebratton. AGlltzandGlamo F•5tlvaL PuppetsCoffeemomlry% Parfsh BBQ, CreamTea5, HarvestSupperandTalentshow, thrlstmas MJrke( 3 dayChrtstmasTree FesdvaL SundtyAftemoonTws ¥ChrlsfmasBrlng4nd Sharernealwtth Carof4 and Mul•d wlno served after th• Festfval of 9 Lessorts and c￿1% We slncerety th•)k all th5e were Invofved In any way for helplng to make these wry sucossful and enJry•We Apart from brkngkng the ctwrth faml together sodalty, InueJ5ed the IDOtfall Inloour ChLYch, ￿4th svml new membtt The Padsh Offlu Is afrHay5 4 busy ptac¢ thls Jwr has been no exceptlon. We ha￿ a new Parlth Admlnlstr•tor. MartrK us In Aprll. Helped byCyTI v￿e$S? arnl M•lanl¢ the has frjund her fe•t In thls ￿Y corn￿1(ated rok and has become•trea5wed lo%*d menbw of our thJrth famlty, njns th1 offlcevery compethnty. Qjrthanks g) to offlc• for th• ￿rkthty don< espedalydurlng the Intwregnum. RoGrw) S•cretaryto HFC PCMC The 2025 budget allocatld ty the PCC for the of rjtheath 9￿g wa5 th• of £1270 p quarter, 7hthkh equat•s to 5%0fgl4•n trKryn•. The 1st of tharltles proposed a)d a￿ted local gmp% or those wth • t￿￿1 com•rtlory those whwe we be[l￿d ourth)naihins7ArythI betwell used make a )n heldthelr ama21ng annual Chrlslmas Market. Cholrs came and sang, the stalls dld a roarlngtradea)dwe all had such a lovelytfme.Atthe end of November, we held thrèe day Chrlstrnas Tree Fest￿al wlth Verwoodans on Waste. Th15 was the flr5t tlme suth a blg e￿t had been att￿lPted, and Itwas a fabulous wcce55. Over 800 peoplevtslted the dwrth some of vjhom dldn't knovd wherè the churth wa5 1)eforè. The refreshments wwe very popular, and I was so thankfijl that ry extended team provlded enough cake511 The Advent Carol Servtce at the end of the weekend was a tr￿Y beautlful experlence, wlth all the trees Iltup In the darkness and many peopleln thurch. In Dewnber, we served mulled wlne and Mrn￿ ple5 after the ser￿￿ of nlne le5$0ns and cBrol& Durlng the year, the Puppets Group held 3 really successful coffee momthgs, which were great fvn espeCIal￿ when the puppets made an appearance. Jean and Pete have contlnued thelr monthly 9Jnday aftemoon tsa% In thelr hous4 and several Lent Lunthes were held overtheseason of LffiL Ihej held a lovely Brfng and Share supper In their house lust before Chrlstsnas It Is vltal that anyone who wants to hold a fvnctlon comes to me In the flrst place to ched¢avallablllty of date& Thls Is to make 9Jre that we don't run too manyeventstoo dosetogether. endlng In too f&Y people attendlng. Ro Grnen, Hospitslty Co-coordlnator. TWIcev￿r￿Srrth Hotycommunkn andmomlng Pra15e sefkn contlnued throughout2025, thefrst bthg a Ho Communbn Se￿￿On l2January.￿l5eTVkeSwerefa1thfu1tyAIPwted tythededk*ed welcomlngthwch comnwnlty. Indudlng rnffnb￿ from St Mlthael's eODyregatlon. Durtng j￿￿ary. Al 5alnts churth celebrated the of ts dedkatjon ty The Lord bithop of Saltsbury. The Rwt Rewend Da￿d sk￿lffe. TVK teleiyatbns were hekL the flrst ats the ￿te on 12 January. at whlth everyone enjwd cakes FY¢J5ecco. The sects￿ on 15 Janury at the All Salrts Coffee Momkng atten H￿k and Olhers for thetr conStst￿t labours In lam¢)ng ¢)thertFung5) and grass ¢uttkng WKI e4Mlng ￿t parts ofthè main p*h to the thurth doors. Thanks areaTsoi*Jeto Gal and 5uefVr￿dert31tr￿ the deardng of thE matn thurth rwm. The Fareshare Food Lwder C{￿￿nUed Its valuabte the well4tocked comlng eRry Monday {eX￿pt bank ho[1d￿l. Axotmd 26 famllles regularty attend*J aThl slgnlfic¥rt ￿pport was ￿ven ty churth member4 wlth a good *mosfv everyone aP￿eda￿ of the ser¥lco F￿ local dlents una￿e to &tend due to hospttal.aiwJfntment4 ber￿Mm￿( crffitlnued to v4Ah some dlents collectlng for other5. A150. dlents vAth¢)ut funds V4we the py0d￿ thty neede&4w rrojth kn Nnt with Chrlstlan Indple& Regdar atwdano of a Cftlzeng B￿r￿U cortinued trj sJppNt the L¥dÈr InltFatlve and thls servke was greaty va￿ed. not least ty larder cknts Some thartge5 are expeLtad Und￿ the new m￿lagernent ofF¥eShare andthe5ewHI djrhg theforththmhg)Ear. The ￿1 5atrts Comm￿ee Anwal Meethg on 9 Marth TA*h a fvrther meetlng * held on 14 September. RVAI Deborth Matthe*5hddhwla5t servkeatAM saInts￿ 13lJty.Aswetl asmarkkng thi5farewell occaslon cakes and Prosecco. DelyJrthwa5pre￿t& wlth a gfft from theAI Sakntso)ngregaUon. The corwjregatkn looks forward tr) AJI Salrrt5Churth contltwkng Its bng hkny a5a f￿al poknt forworshlp communlty 1nv0kn￿t In theThree Lwd Cros5 areaOfVW￿￿ Partth. Bobfurvll The PCC Is aware of the need to complywlth Ihe guId￿ce Issued tythe H￿se of.8lshops on matters relatlng to the safeguardlng of thlldren and wlnerable as set out In sertlon S of the Saféguardlng and aer D15clpllne Measures 2016. It Is tt*nfftmed that regard has be￿ had to thls Guldance and In partlojlar to paragraph 3 of the Key Roles and Resi)onslbllltles of ChLLrth office holders and bodles Prattl￿ Guldance and I fvrther corrflmi thatthSs GUIdan￿ has been complledvjlth durlng thlsyear. The Chur£hwardens wlll condnue to be kept up to date wlth safeguar(Ing matsrlal and Informatlon recelwd fromthe Dlocesan offlce fc¥ Onward transmtsslon tothene¢essary reclplgnts. All mernbersof our PC4 Clergy, LLMS. LPh5 and any other rel*antVoluntaryhelpersln our churth have current DBS Certlficates. Followlng the Data breath wtthln the DI0￿Se In the Ju￿rnn. and the accelerated move to the newthlrtyonw.elght Safeguardlng Systffj addttlonal c¢urse requlrementswere IdentlTled and relevant yrsons have been encouraged to. update thelr Safeguardktg trathlng tn accordance wlth Olocesan re(pjlreM￿ts. The Safvgu•dlng Hub wnatrlx has been duty updated. It ha5 fK¢t been necessary to Tnake any reports Con￿rnIng safe￿ardIn9 issues thls year. and no dlsd09Jres followlng the Ma￿n Report regardng our churthes have been reported to us. Whllst we remaln very pleased that there has been nothing to rep￿ we are not cOm￿aCe￿t, and a51 conwned hav• been wiare of the need to be partlcul¥ly ¥lgllant to protectvulnerable ppr50nswlthln our churth. Oetails of our Safeguarthig Poll¢y have been upd*ed as approprlèt< and are stlll ¢tearly slgny)sted on our webslte and In churth. Carolweaver Safeguardkng Offtcer The first Ilne tn last year's report 'A most unusualyln Church Flna7ce'. A$ 2025 was my flrst year as Treasurer. thtswasan unusual one tooll After taklng the helm foltowlng the 2025 APCM. I was educated kn the ways of belng thurthtr&isurer. Unfortunatety, untll the end of quarter 130 Jun¢ genexal Income and expendi￿re followed the pattern of prLwlous years wtth more gotng out than comlng In. Durlng the firrt halfrfthe year. the PCC was dlsw5$1ng In more detall the workto re￿Ire and repla￿ both the S￿j￿d and the heatlng Syst￿5. There posslbty due to those tslks, slgnlflcant don#￿￿$ some fvr a 4xifi¢one of the proposeLlworks ¢)thers for general use. Fundralslng actlvltles IK•th Increased h numberof events and Incom4 thts contlnued throughout 2025. Our Snvethents are managed by the same organjsatlon that manages the maJorlty of CofE fund& Unfortunately, forthe mo￿oF 2025.these shares reiluced In valuethough we dld recelvesome dlv]dends. Aslde of the Telnve5ted dNidends, thanlrfLEIty we dld not transfer other funds from our current account Into share4 had ￿ these WOLtld have reduced too. Dueto 5evEral unu5ualfactors, ourexpendlturedecrexed In 2025.we lostboth our Vlcar&Curaleso. expenses redu￿4 we lost our chNdren's worker in Marth and had no paid ad￿nIStrator tlll then hence the wage blll reduced. SallsbJry Dlo¢ese has thanged the way the Share & calculated.so that also reduced. Parlsh Share at £89.799 Is by a considerable rnargln stlll our largest expendlture Itun. Amongst othw thtngs tt pays aergy Stlpends & pen51tsns trainkng •d support an& Vtorage malnlenance. Over the year, a number of regular donors elther dled ormoved away.Ihts had an effect on Income In 2025 bJt wlll be felt more in 2026. Whilstwe are wNare that everyone's abtiity to donate Is un(qu< ary donatlo large or small ts welcome as are any bequest4 restrkted or for general use. I Income and expentlture areas are detalled more fullyin the annLFal accounts alongwlth the Pr￿aUSYear's 4LFre5. Last year Nell our treaswer. commented that'we have entered2025Jn a wyfortunatehvsldon.. Th* trend contlrwed though the year. Ndt general Income was x)me £2031 more than eApendtur< restrltted Income was £8,486 more. It Is the fftst tlme In mary year5 that both have been pos6tlve. I pray that wlth the works proposed and belng organlsed the trend IPAII contlnue for at least a reasonable pertod Into the future. St Mlthaels boller Is ollflred and over 25 years Qtd. 1he Intentton Isto replace the boller with an atr source heat pump and Install PV pane15 On the roJf. Thls should lead to reduced heatlng and electrk bllls. Certslnly. It wlll redu￿ our carbon footprint. Some wooden wlndow frames or sub-frame5 date fromthe 1950,4 the newest are late 1970's. Many are rotten. A propwtlon of the wlrtng date5 from vthen •tertrl¢ I1￿￿ng was hstalled In 1935 In mqnory of Mlss Tennyson las offered at the 1935 AGMI. At over 90 years 014 the electria are wel5 beyond thetr best bEfore date. Thls comblnatton of works rthJulred may lead to the need for a certaln amount of repla5terkng It wln deftnltely mean redecoratlon-thavs not beon thne 51nce 1999 elth•r. If anyonewould Ilke to offer to pay for some or am the works as Mlss Oowdeswell dld * the 1935 meethg In memory ofher frten¢ wèwould be pleasedto accept. In acCOrda￿eW1th the Reserye5 Pollcy. the followlng knform4don Is made for the knnual Re￿TL E19A573 13516 E797510 Rètlo to opwJUng RestrlttedFunds Bulldlng/rewlrs/m•lntenw7ce Frtty/Vt)uth Wo Cholr/Ory•n 8wryMartln H•rdshlpFund Soundsfftm SoundorH8atlng &32A £101,$82 £44320 9868 1&74% £4Z848 £14354 £1815 £1,996 195% .100.ooA% £1,994 .010 NewFund £1 138 Newyund As a Charltywe havea r•sp)nslbllltytts dedar•ourlntentbnstoward5 mon•yln'Reserves'.Thetargrt mlnknum r•serve forunrestrtrted fiJnd5 IsfAO,CQl 4 based on coats In 2024Jnd 21 thls representsapproxlmatelythM• months operatlng expenses. A prcportbon of the Unrestrlrted Funds WIN be synt on th• malntsnancal rqplacemqnt projects plann*d. We currentty hav¢ no exwdlture plans for Youth Funds. For the avoldance of any doubt,. all dtvldend Income and capltjl galns remaln wlthln the relwant Church of England sharo Account - General for Unra5tr1rted Funds and Bequest lor Restrltted Funds. DLr• to r•¢ent perforrnan￿ of these fvnd4 the PCC WUI make use of learnlng Informatl¢)n from the Dloc•s• and others regardlng alterna￿ve fvnd managers and may change. Stave Greenhalgh.Treasurer toverwood PCC Deanerysynod met thre•tIM￿(brln9 thlsyeBr, In Marth,June and Nov•mbqr (th• N0￿mberm￿•tI￿g was ty Zoom). At each meqtlng there ts a Trea5ur8r'$ report gmng updates on Share payment and other nnandal matter4 and r•poJts from Dlocesan Synod meetlngsare also gfven. In there was dL4cus51on aboutthe draft Deanery Year Plan and how thts could ￿ allgned wjth the Dlocesan v151¢n. The Importance of netsvorklng. commun1calj0￿ collaboratlon and suppr>rt for others vms sratsd, along wjth sharlng expertlseand fvndhg Gr¢up dtsoJ$5tons took ab)ut prlorlde4 opportyJnltle4 safeguardlnj tralnlng andsharlng skllls and expertlse. We were Irfformed ofthe farewell se[￿re plannedfor Re￿ Canon kntony mary0￿wo￿d at Wlmb)me Mtnster Injune. The fmportanc• of flndthg Foundatlon Govwnors for oursthools was Stresse Safeguardlng andtherewe areas a Deaneryregardhgtralnlng and belng L¢P todatewlth ourcourseslsshared at eath rneetlng. io In Jun4 8lzalJeth Harv. the new chalr of SaltsbJry P￿rd of spoke to the wp answered questt¢n& She ewesed htr 9rth￿e forvolunteers theY￿rkthat90e5 hto ralslng monty to pay the Parlsh Share, statthg that ITKome has dropp•l ty 13% and that ￿d$ to tholces ab￿rt what to Spend moneyon. Thtyare iooklng at whffe thedalck bew forthe Dloctsan BoardofRnance- began ¢Jver20years ago. They aretrylng to fvnd that defkltrnw ty sdllng Fropty￿￿ htyj￿ Moneyls 4￿tOn mlsslon and mlntsty. Sallsburyhas 93od rth11￿ ofdergj number& *¢e say5 that financene•ts to bè talked abtxtt - good to have conversatlons around It- The DBF are open to hathg COn￿r5￿10n ab￿t IL sald that 85p Sn 8very £1 goes to parlth mhlsts1es. D15aJsslng the co& of runnlng a partth- ts Ir atx)ut explalnlng the cost or could It be b&terto explah the knpart7 does &ith £ enable? We SI￿k1 trlk atxut the knpatt ead) £ makes. Hannah Wallacespoke abouttheuseof%KI* me20301 thry*lng the ¢atwrles vlthkn the framwMk and the SUFPQrt avallabletofillrn (￿rMI￿l- Mathg Jesus Knc**n. There wasa dlsojsslcn about dlfferthtsWesofwttthlN In Vlwthlp and E￿wi9- both are needed. It Is 9Jod to have a varltyof seTvlces andsiY*thtptye& The Deanery Faceljook group now ha$ 36 members. There are detalled Insvuctkms on the Fa￿b(￿ak page on how toSoSn and the spedfic quesuons that need to be artswere& Thls 9rwp w be used to athrt15e èvent4 share equlpment sklllsand knowledge etc. The Rural Dean gave a rw In*knlth hestatedthatwr De￿￿Ytst0p In the Dlocesefor beng up to datevAth our saftguarding tralnlng. It Is so tmportart that w conlknue ¢0 w>rkto malnLth our Warding tralnlng and knowledge. The Imp)rtance of the work of Ihe Sudan Medkal Link wa5 share¢L We have be￿ ￿couraged to reM￿ber th￿ and gJPPOrt thelrwork Deanery meetings are Intffestkng hformatfve. youw￿ld be tAEkome to attend ￿Y methg as a vtsltor. Please let me knowW>w would Ilke a Iir£. Greenha1￿ (07&)36782811 The tharlty trustees are re5ponslble ftlr prepartrhg a trLtsttes' annual reFKJrt and tln¥Jdal #*ements accordan￿WIth appllcable l* andUnitedK[ngdOmN￿￿ndftgstandardSIUn1Eed Kkn9tt￿n GenwaltyAccq)ted countlng Prartlcek The law a￿katr1e to th**le5 kn Engl￿d W7Je5 requ1￿$ the Charty trustees to prepare statwnents for each year ghr a true and fatr ¥lew of the xate of affalrs of the Ch¥lty and ot the Incomhg re50uros ￿d appocatkm of reg)urce& of the Charlty ft>r that perbd. In prÈparing the ftnandal Stat￿ner￿& thetrustee5 we req￿redt0. select suhable attounthig Oldes a)dthen apptythan CDnknty. ' obserye the methods and prlnaples h the ap￿1(ab[eChth SORP, • makejudgemwsts and estttywts that are reasonable aKI wuden¢ * State whther appficatle accouTrtlng 5tand¥ds hwe tken follo**d Attrlect to any m*fflal departsjres that must be dsd05ed and explatned tn theflnandal Smem ' prepare the fIr￿da1 ststwn•ts on the ￿Ing conceffl bas15 ￿lesS kls InappmF*kte to pregjme that the charttyvthl contlnue In btthe5& anytlmethe thandal posltton ofthe thtyandto ￿ab]e thon to erswethat thÈfinandal statemerns comp wlth the Charttks kt 2011. and the applkable Charttles (knwnts and Re￿rts1 Regutatlon& They are also respon￿ble for safeguardkng the asseES of the and takkng rea50nablè steps for the WeV￿n detettlon offraudand other ￿￿1¥ItIes.ThetVJsteeS￿e rèsFw￿1￿e forthèMaknte￿ce￿d Integtyofthe Ch¥lty and finandal knfomi&lon incknjed cn the ChaW5web511e kn accOrd￿(e wlth le9￿a￿On In the Unlted Klngjiym govemblgthe Frepa￿On aKI (Ossemknatb)n Off￿nd?] St*￿t% lyj the Pccon 15 Awa 2026 b*talfby Julla Pah)er Sert•y WenG Registered Charity number 1130729 The Parochial Church Council of the Ecclesiastical Parish of Verwood St. Michael and All Angels and All Saints Accounts for the year ended 31st December 2025 The Parothlal Church Councll of the Eccleslastlcal Parfsh of Verwood Reference and admlnlstratlve Informatlon Page I Statement of Flnanclal Actlvbtle5 Page 3 Balance Sheet Page 4 Notes to the Accounts Pages 5 to 13 Report of the Indepndent Examlner Page 14 of 14 Page l of 14 The Parochlal Church Councll of the Eccle5ia5tlcal Parfsh of Verwood Reference and admlnistrative Inforniatlon Board of Tru5¢¢e5 The elected Trustees and Honorary OffKers at the date of thls report and holdin8 offlce durln8 the year were: Rev. O Matthews (Chair to 3110812025) Mrs J Palmer (Secretary) Mr N Glbson (Treasurer to 15105120251 Mrs A Bale Mrs J Baxendale Mr N Beacham Rev M Eaton-wells Mrs R Green Mrs BA Greenhal8h Mr S Greenhalgh Mr M Hancock Mrs E Ingram Mr R Morgan Mr D Moss Mrs A Stephens Mrs J Steele Mr R Turvll Mrs B Walton Mrswalton Mrj Weaver (From 15105120251 (to 2411012025) (Treasurer from 1510512025. Vlce Chalr to then) {10 24106n0251 (Vke Chalr from 15105n025, Actlry Chalr from 31108120251 Re8lstered Charlty number 1130729 Charlty Address Potterne Fami Cotla8e Potterne Way Three Le88ed Cross Wimborne BH216RS Independent Examiners Mlchael Farlèy & Assocl*es Ltd Sulte 9 Plne Court Business Cenire 36 Ger¥ts Road 8ournemouth 8HI 3DH Bankers CAF Bank Limited 25 Kin8s Hlll Avenue Klngs Hill West Malli Kent ME19 4JQ Pale 2 of 14 The Pamchlal Church Council of the Eccleslastlcal Parish of Verwood Statement of financlal acllvltles forthe r ended 31st December 2025 Unrestrirted Restricted Funds Funds Incomlng Resources Not• Total Funds 2024 2025 Incomlng resources from donors Other voluntary incomlng resources 2a 103.372 20,998 124,370 107.161 2b 170 170 188.662 Investment Income Incoming resources from operating artivities Activities for generating funds TOTAL INCOMING RESOURCES 2c 3,098 1.300 4.398 5.505 2d 25,587 25.587 26,31S 2e 8,384 8.384 5,627 333,270 0,441 22,468 162,909 Resources used Gfantsand char￿ble giving Activities directly relating to the Church's work Cost of raising funds 3a 5.080 2,612 7.692 6.052 3b 132,530 11,370 143.900 157,952 3c TOTAL RESOURCES USED 137.610 13,982 151.592 164,IX15 Net Incomin8J Outgolng Resource Unrealised Lossl Galn on Investment Assets Transfer NET MOVEMENTS IN FUNDS 2.831 8,486 11,317 169.265 12,0631 11.1051 13,1681 4,172 12 17,1871 7,187 16,4191 I4￿68 8.149 173,437 Balances brought fonvard at 1st January 2025 Balances carrled fonvard as of 31st Detember 2025 87,014 513,655 600,078 687,092 593.659 101,582 695,241 687.092 Statement financial artlvltles forthe l December 2025 The Charity has no recognised 8ains or losses other than those dealt wlth In the statement of flnancial rtivities. The notes to the financial Statements provide informatlon on movements in the Charity's funds during the year. All incoming and outgoing resources derlve from continuing activities during the current and previous period. A list of all Restricted Funds is at note 16 tO8ether wlth a Statement of Financial Actlvlty for each. The Notes on Pages 5 to 13 form part of these accijunts. Page 3 0114 The Parochlal Church COU￿11 of the Eecleslastlcal Parish of Verwood Balance Sheet as of 31st mber 2025 Totsl Funds 2024 Fixed Assets Note Unrestrlrted Funds Restrlrted Funds 2025 Tanglble assets Heritage assets Investments Total fixed Assets 344,911 32.120 197,510 574,541 344.911 32.120 284.251 661,282 346.111 32.120 287.419 665,650 86,741 86,741 CURRENT ASSETS Debtors io 5.476 5,476 3,116 Cash in hand and In bank Total Current Assets 13.642 19,118 14.841 14,841 28,483 33,959 19,758 22,874 UABILITIES Creditors: amounts falllng due withln oneyear Net Current Assets li 11,4321 ,1 14,841 33,959 21,442 TOTAL NET ASSETS 593,6S9 101,582 695.241 687,092 PARISH FUNDS Unrestricted Restricted 14 14 593,659 593,659 101,582 695,241 600,078 87,014 687,092 101,582 101,582 593,659 Approved by Mr Stephen Walton Actlng Chair, Verwood Parochlal Church Council Registered CharMy number 1130729 The Notes on Pages 5 to 13 fomi part ofthe5e accounts. Page 4 of 14 The Parochlal Churth Coun¢ll of the Ecclesiastlcal Parlsh of Verwood Notes to the Ac nt Aecountlng Polldes General The financlal statements have been prepared In accordance wtth the Church AccoLsntln8 Re8ulations tO8ether wlth appllcable accountlng stsndards and the Charltles Statement of Recommended Prartice 2019 IFRS1021, "Accountlng and Reportlng by Charbtles" appllcable UK accountlng standards and Charltles Art 2011, The Charlty has tsken advantage of the exemptlon In Flnanclal Reportlng Standard l from the requlrement to Produ￿ a cash flow statement on the 8rounds that It quallfie5 as a small Charlty, The flnanclal slatements have been prepared under the hlstorlcal cost conventlon except for the valuatlon of investment a55ets and herltaoe assets. whlch are shown at market value. The presentatlon currency of the flnanclal statements Is the Pound 5terlln8 and Is rounded to the nearest £1. The Charlty meets the deflnttlon of a publlc beneflt charlty entlty under FRSIO2. l.b Funds General funds represent the funds of the PCC that are not subject to any restrictlons re8ardlng thelr use and are avallable for the general purposes ot the PCC. Funds deslsnated for a partlcular purpose by the PCC are also unrestrlrted. The accounts Include all transactlons, assets and Ilabllltles for whl¢h the PCC ￿ responslble In law. They do not Include the a¢counts of Church Groups that owe thelr maln afflllatlon to another body nor those that are Informal gatherln8s of Church members. Restricted fund$ a￿ funds whlch are to be used In accordance wlth speclflc restrlctlons Imposed by the donor andl or wlthln restrlcted purposes Included In the objects of the Charlty. Incomln8 Resourcei Volunt¢7ry Income and capltalsources Collertlons are recognlsed when re¢efved by or on behalf of the PCC. Planned 8lvlng receivable under covenant or standln8 order Is reco8nlsed only when recelved. Income tax recovered on covenants orglft ald donations Is recognlsed In the same year as the Income to whlch It relates. Grants and legacles to the PCC are attounted for as soon as the money15 received. Funds recelved by festlvals and 5imllar events a￿, wherever possible accounted for gross. Other ordlnory Income Rental income from the lettln8 of chU￿h premlses Is reco8nlsed when the monles are re￿Ived Pale 5 of 14 The Parochial Chur¢h Coundl of the Ecdeslastlcal Parfsh of Verwood Notes to the Accounts continued A¢countlnE Policies (continued) Incomefrom Investments DiV￿￿endS and interest are aCCi￿nted for when recerrtl. Gains ond losses on investments Reallsed galns or10sses are recognised when Investments are sold. unreal￿ed gains or losses are accounted for on revaluation of investments on 31 December. l.d Resources used Gmnts Grants and donations are accounted for when paid over. orwhen awarded. rfthat award creates a binding obli8ation to the PCC. Artivitles dlrecrfy relt7ting to the work of the Church The diocesan quota or Parlsh Sharels accounted forvthen payable. Any quota unpald on 31 Lknmber ts provided for in these accounts as an operational Ithou8h not legal} liability ènd is shown as a dttor in the Balance Sheet. Governonce Costs Governance costs cOMp￿e all costs invofvlng public accountsbility of the Chaiity and its compliance wlth regulation and good PTrCtl￿. These costs include costs related to accountancy serylces. Consecmted londond buildings andmoveoble Churchfumi5hings Consecrated and beneficed property 15 exduded from the accounts by S.10(21 of the Charities Act 2011. Moveable Churth furnlshings held lyrfthe (hurchwardÈns on sp￿￿1 trustforthe PCC and which require a facuhy for dsposal are considered to be inallenabk property. SORP 2019 recommends that such property be taken into the annual accounts as assets of the PCC. The pcc followsthis commendation for long term a55ets. known as°heritage assets". which are professionalty valued from time to time arbd are included at the assessed current market valuation. Since in general they retain their value or appreclate. therefore no depreciation is charged. The cost of otherfvmishin8S has been wrftten off as it was incurred. l expenditure incurred durin8 the year on consecrated or bene￿ buildings and moveable Church furnishlngs, whether malntenar)ce or irnprovemenL 15 written off as expendlture in the Statement of Financial Acbvities (SOFA) and separately dischsed Otherfvtures, f￿ing5 ond equlpment Equipment used and repairs within the parish Centre are written off in the year of expendlture. Page 6 of 14 The Parochial Church Councll of the Eccleslastlcal Parlsh of Verwood Notes to th unts contlnued l A¢countlnB Pollcles lcontlnuedl Flxed Assets Icontlnuedl Pmperty vested In Sollsbury Diocese SORP 2019 recommends that property procured by the PCC but vested In the Dlocesan Board of Flnance of the Sallsbury Dlocese. whlch therefore has sole tltle to It, should be shown as an asset In the PCC accounts. There are two propertles whlch fall under thls headln8. The land on whlch the Parlsh Centre was bullt. The PCC resolved to brln8thls Into the accounts In 2003. It Is valued at cost and15 not depreclated, All Salnts Church, whlch the PCC resolved to brlng Into the accounts In 2c￿)6, bs a freehold property ¢omprlsln8 the bulldlng and the land on whlch It Is bullt. It Is valued In the accounts at cost and Is not dep￿CIated. All repalrs and mlnor Improvements are wrltten off In the year of expendlture, The Parlsh Centre bulldln& Is a property bullt on land owned by Sallsbury Dlocese but rl8hts pertalnln8 to that property rest wlth the PCC lexcludln8 consecrated land and bulldlngs as detalled above), Is shown as an asset at cost, le55 onnual depreclation. All repalrs and mlnor improvements are wrltten off In the year of expendlture. (See also note 71 Invtstments Investments are valued annually at market value. l.f Current Assets Amounts owlng to the PCC on 31 December are shown as debtors less provlslon for amounts that may prove unrecoverable. Short term deposlts Include cash held at bank, l.B Volunteews and donatsd seNIc•s The value of seNlces provlded by volunteers Is not Incorporated Into the flnanclal ststements. There were no related party transartlons durlng the year. Page 7 of 14 The Parochlal Church Council of the Eccleslastlcal Parlsh of Verwood Notes to the ounts tontinued 2 Incomlng Resources 2(uJ Inrnffllng re50urcesfrom Unrestrl¢ted Funds Restrlrted Funds Total Fund$ 2024 202S Planned giving Income tax refunds Collections Special collectlons Donations Total 71,793 15.241 4.638 71.793 17,991 4,638 2,612 27,336 124,370 74.107 20,859 6,589 1,184 4,422 107,161 2.750 2,612 15.636 20,998 11,700 103,372 21bJ Other voluntqrylncomiftg resources Grants Choir and organ incomeldonations Parish Centre donation Income from Maton Legacles Total 170 170 434 188,188 188,662 170 170 2 fcj Incomefrom investments Bank Interest received Dlvidends received Total 16 3,082 3,098 45 1,255 1,300 61 4,337 4,398 39 5,466 5.505 2(dJ Incomlng resourcesfrom operatlng artlvlties Parish Centre hlre 18,903 Meeting room hlre 1,232 All Saints hire Fee5 Other Utility refunds Totsl 18.903 1.232 18.435 3.223 61 2,772 1,023 801 26,315 3,465 1,987 3,465 1,987 25￿87 25.587 2 (ej Fundgenerotlnq artlvltles Fundraising actfvitles Talent5 Totsl 8,384 8,384 5.627 8.384 8,384 5,627 Totsl Incomlng Resourtes 140,441 22,468 161909 333.270 Page 8 of 14 The Parochlal Church Counell of the Eccleslastlcal Parlsh of Ve￿ood the Accounts Resources used Totsl Funds 2024 314) Grnnts and Chorltoble glvlng Unre5tr1¢ted Restrlcted Funds Funds 2025 Outreach15% of incomel Restricted glvlng Other Barry Martin Discretionary fund 5,080 5,080 2,612 4.238 2.612 630 380 Total 5,080 2.612 7.692 6,052 31bJ Artlvities dirertlyrelrtlnq to the workof the Church Parish Share Clergy Expenses Church running costs Parish Centre running costs Parish Centre Improvements Servi￿, choir and organ Support costs Isee note 41 Church activities Depreciation Total 89.798 1,005 9.361 11.129 16 89.798 1,005 12.670 11.129 16 6.024 20.021 2.037 1,200 143,899 92,313 4.108 10,884 10.448 824 8,047 28.511 1,617 1,200 157,952 3,309 6,024 20,021 2,037 1,200 132,529 11,370 3{cJ Cost of rolslnqfvnd& These are minimal and have been set off against the individual fvndraising act￿lty Totsl Resources used 137.610 13,982 151,592 164.005 4 Support costs Office costs Audit fees Sundries Total 2025 17.597 2,328 96 20,021 2024 26,651 1.140 720 28.511 Page 9 of 14 The Parochlal Church Coun¢ll of the Ecclesiastieal Parlsh of Verwood Notes to the Accounts contlnu8d S Staff Costs 2025 2024 Wages and Salaries 16,593 23.125 16,S93 23.125 Durin8 the year the PCC employed one part tlme staff memkr at the Parlsh Office and one part tlme cleaner for the Parlsh Centre. A part time children's worker was in post tlll the end of March 2025. No- orTre earned MO￿ than £60,OCKI.00 per annum. Employers Natlonal Insurance contributions were nll. Our contribution to our employees penslon scheme was £691.20 6 6qlns orlotses on Investments Dividends received from investments are shown within income from Investments. As recommended in SORP 2019, Balns both from the movement In market value of the shares thai have not been sold, unrealised 8ains. and on shares that have been sold, realised gains, are shown as gains1 losses on our Investment assets. 7 RxedAssets Property Vested In DBF Parish Centre Land Bulldlng Cost or Valuatlon All S•lnts FI￿ureS Herltage A5 at 1st January 2025 As at 31st December 2025 Depreciation As at 1st January 2025 Charged in year As at 3tst Dècember 2025 Net book Value As at 31st December 2025 As at 3tst December 2024 46,01)0 46.000 270,017 270,017 91.704 91.704 3,054 3.054 32,120 32,120 442,895 442,895 61,610 1,200 62,810 3,054 32,120 96,784 1,200 97,984 3,054 32.120 207,207 208.407 91,704 91,704 32,120 32,120 377,031 378,231 In 2003 the cost of the freehold land upon whlch the Parish Centre is built was entered at cost into the accounts. Thle to the land, and therefore the bulldlng on it rests solely wlth Sallsbury. However the proceeds of any Sale would become part of the PCC'5 general funds and ihey are therefore shown as assets of the PCC vested In the Diocesan Board of Finance of the Sa115bury Diocese. For the same reasons. in 2006 All Saints Church, a freehold property, was brought into the accounts at cost, of £91,704 as an asset vested In the Dlocesan Board of Finance of the Salisbury Diocese. Herltage assets were entered into the accounts in 2005 at market valuation. These assets were revalued In September 2019 by an independent valuer. There were no movements in the previous four years. The PCC decided in 2004 that. with an expected life of the Parish Centre well in exw of 50 years. an annual depreclatlon of £1,200 would be more appropriate at this time: It also decided that the rate of depreciation Should be reviewed at 5 yearly intervab at the same tlme as the quinquennial inspection. The latest review was In February 2025 and the existin8 policy re-approved at the PCC meetln8 that month. P•¥e 10 of 14 The Parochlal Church Council of the Ecclesiastical Parlsh of Verwood Note5 to the Accounts Investment Assets These are investments held In the CBF Church of England Fund Income Shares. They have been valued on 3tst December 2025 at £22.1983 pershare lon 3111212024 value was £23.1227 per share) 202S 2024 No of Shares No of Share$ UnTestritted General Account Restricted Bequest and other restrfcted fund5 account Total ,897.51 197,510 8,631.04 199,573 3,907.58 86.741 3.799.13 87,846 284,251 287,419 During the Yearthe￿ were no deposlts or withdrawals from or to elther the General Fund or the Restricted Excluded from the accounts are restricted funds of circa £15,627 that are held In a related"InoJmbent and Churthwardens Trust for ecclesiastical purposes" by the Salisbury Diocesan Board of Finance. Cush ot Imnkandln haml Vnrestrfrted Funds Restrirted Funds Total Funds 2024 2025 Cash at Bank Cash in hand Total 13.642 14,841 28.483 19,739 19 19.758 13.642 14,841 28.483 io Debtors Income Tax refund General debtors Total 2025 5,476 2024 3.116 5,476 3,116 11 Creditots due wlthln one year 2025 2024 1,432 General Creditors Total 1,432 Page Ilof 14 The Parochlal Churth Councll of the Eccleslastlcal Parish of VeThvood Notes to the Accounts In 12 Tmnsftrs betweenfvnds Followln8 a revlew of Interest and divldends recelved by restrlcled fvnds over the last two years, a totsl of £7.187 Ls requlred to be paid into the restrlcted funds for cholr, organ, bequest and youth. 13 Post 8olonce sheet note In 2026 the PCC is Intendln6 to replace both the elertrlcal and sound systems throughout St Mlchae15 Church. The antlclpated Cost Is In the order of £55,000 to £60,000. thls c05t Is not Included wlthln these accounts. 14 Funds wlthln the occounts Restrlcted fvnd$ Where monle5 have been donated or bequeathed for speclflc purposes a restrlcted fund Is set up wlthln the accounts, Our ¢urrent restrlcted funds are as follows: Specl•l Collectlons for dlstlnct and speclflc cause, usually not the Church 8•quest For bequests wlth a speclflc purpose, generally the Improvement or malntenance of the Churches thelr fabrlc, goods and omaments Cholr For cholr earnln8s and expendlture. Organ To control monles speclflc to the organ and Its malntenance Youth For youth mlnlstry Barry Martln For those In flnanclal hardshlp. Exerclsed excluslvely at the dlscretlon of the Wc•r Sound Syrtem Donatlons spedfl¢ally for a new sound system Sound or Donatlons speclflcally for elther a new sound system or a new heatlng system. A credltor for he•lln8 these costs have not been created to be conslstent wlth prevlous years. l)esl8nated fvnd$ These are funds set up by the PCC for speclflc purposes. However, the rnonles wlthln them con be re-allocated, or returned to the general fund by the PCC If an approprlate authorlsatlon Is made. 15 Analysls olnrt ts￿*ts betweenfvnds Unr¢$trlrt4d Fund$ Restrl¢ted Fundi Tot•1 Funds Flxed 4$$ets HerltO8e assets Investments Debtt)rs Cash at bank Credltors Balan￿ at 31st De¢emb•r 2025 344,911 32,120 197,510 5,476 13.642 344.911 32,120 284,251 5.476 28,483 86,741 14,841 593.659 101,582 695,241 Page 12 of 14 The Parochlal Church Councll of the Eccleslastlcal Parish of Verwood to the Attounts eontlnu 16 Reconclllatlon of movements betweenfvnds- Restrlrted Speclal Bequest Cholr Organ Youth Barry Saund Sound or Martln system Heatln Total IncomlnB resources From donors Other voluntary donatlons From Investments Total Intamln8 re$ourc•s 2,612 248 18.138 20,998 170 170 624 15 42 572 30 17 1,300 2,612 624 185 42 572 30 265 18.138 22,468 Resources used Donatlons Church work Total resources used Net resources Investment 8aln51 losses Transfers Net mov•m•nt In Funds 2,612 2,612 11.370 4,242 3,029 2.995 1,104 13,982 2,612 4,242 3,029 2,995 1,104 13.6181 12,8441 12,9531 15321 151 15541 30 265 18,138 8.486 15111 1321 131 11,1051 2,600 1,855 132 2,600 7.187 {1,529) {9891 (2,826} 1,514 (2 262 18,138 14.568 Balance at 1st January 2025 Balance at 31st December 2025 41,849 989 2,826 38,354 1,996 1,000 87,014 40.320 10} 101 39,868 1,994 1,262 18,138 101,582 Fund Assets- Restrl¢ted and De$l8￿ted All restrlcted funds are held as investments wlthln one CBF chU￿h of England fund, known as our Bequest Fund. Some Ilmited amounts are held at the CAF bank cur￿llt account Page 13 of 14 The Parochial Churth Council of the Eccleslastkal Parlsh of Verwood Inde ndent E Verwood. mine rt to the tntstees of the Parothlal Churth C￿nCil of the Ecdesla I Parlsh of We report the Charity's accounts forthe year er)ded 3tst December 2025. which are set out on pages three to thirteen. Resperti¥e responslbllfties of tr￿tee5 and examiner The Charivs Trustees are responsible for the prepardtion of the accovnts. The Charivs Trust consider that an audit is not requlred for year ended 31st December 2025 undersection 144121 of the Charilie5 Art 2011 (the 2011 Act) and that an independent examlnation is requlred. The Charl￿S gross income exceeded £25,000 and we are qualffied to undertake the examination being a qualified member of ICAEW. It is our responsibility to: Examine the accounts (under sectlon 145 of the 2011 Act) to follow the procedures latd down in the general Dirertion5 Eiven ty the Charlty Commi5sioner5 under sectron 14515) Ib) of the 2011 Act: and to state whether particukr matters have comè to our attentlon. Basis of Independent examlnerfs Our examination was conducted in accordan￿ with the General Dirertth$ 8iven by the Charity Commissioners. An examination includes a review of the accountlwd records kept by the Charrty and comparlson of the accounts presented with those records. It aLw Includes consideratlon of any unusual ttems or dlsdosures in the attounts and seeking explanations from as Trustees Concerni￿ any such matters. The procedu￿ undertaken do not provide all the evidence that would be reqL¢ired try an audlL aThJ consequently no opinlon Is glven as to whether the accwnts present a true and falrvtew the rep)rt Is hmited to those matters set out in the statement bekny. Independent examine¢s statem In connection wlth our exarnin*ion, no matter has come to our attention 111 Which gbves me reasonable (3use to belleve that in any rnaterial respert the requirements to keep attountin8 records in accordance with sertion 130 of the 2011 Act: and to prepare accounts which accord with the accounting records and comply with the accounting requirernents ofthe 2011 Act: have not been met: or 121 to whlch. in our opinion. attentlon shoukl be drawn in orderto enable a proper understanding of the accounts to be reached. Institute of Chartered Accountants in England and Wales For and on behalf of Michael Far￿¥ & Associates Ltd Pa8e 14 of 14 Registered Charity number 1130729 The Parochial Church Council of the Ecclesiastical Parish of Verwood St. Michael and All Angels and All Saints Accounts for the year ended 31st December 2025 The Parothlal Church Councll of the Eccleslastlcal Parfsh of Verwood Reference and admlnlstratlve Informatlon Page I Statement of Flnanclal Actlvbtle5 Page 3 Balance Sheet Page 4 Notes to the Accounts Pages 5 to 13 Report of the Indepndent Examlner Page 14 of 14 Page l of 14 The Parochlal Church Councll of the Eccle5ia5tlcal Parfsh of Verwood Reference and admlnistrative Inforniatlon Board of Tru5¢¢e5 The elected Trustees and Honorary OffKers at the date of thls report and holdin8 offlce durln8 the year were: Rev. O Matthews (Chair to 3110812025) Mrs J Palmer (Secretary) Mr N Glbson (Treasurer to 15105120251 Mrs A Bale Mrs J Baxendale Mr N Beacham Rev M Eaton-wells Mrs R Green Mrs BA Greenhal8h Mr S Greenhalgh Mr M Hancock Mrs E Ingram Mr R Morgan Mr D Moss Mrs A Stephens Mrs J Steele Mr R Turvll Mrs B Walton Mrswalton Mrj Weaver (From 15105120251 (to 2411012025) (Treasurer from 1510512025. Vlce Chalr to then) {10 24106n0251 (Vke Chalr from 15105n025, Actlry Chalr from 31108120251 Re8lstered Charlty number 1130729 Charlty Address Potterne Fami Cotla8e Potterne Way Three Le88ed Cross Wimborne BH216RS Independent Examiners Mlchael Farlèy & Assocl*es Ltd Sulte 9 Plne Court Business Cenire 36 Ger¥ts Road 8ournemouth 8HI 3DH Bankers CAF Bank Limited 25 Kin8s Hlll Avenue Klngs Hill West Malli Kent ME19 4JQ Pale 2 of 14 The Pamchlal Church Council of the Eccleslastlcal Parish of Verwood Statement of financlal acllvltles forthe r ended 31st December 2025 Unrestrirted Restricted Funds Funds Incomlng Resources Not• Total Funds 2024 2025 Incomlng resources from donors Other voluntary incomlng resources 2a 103.372 20,998 124,370 107.161 2b 170 170 188.662 Investment Income Incoming resources from operating artivities Activities for generating funds TOTAL INCOMING RESOURCES 2c 3,098 1.300 4.398 5.505 2d 25,587 25.587 26,31S 2e 8,384 8.384 5,627 333,270 0,441 22,468 162,909 Resources used Gfantsand char￿ble giving Activities directly relating to the Church's work Cost of raising funds 3a 5.080 2,612 7.692 6.052 3b 132,530 11,370 143.900 157,952 3c TOTAL RESOURCES USED 137.610 13,982 151.592 164,IX15 Net Incomin8J Outgolng Resource Unrealised Lossl Galn on Investment Assets Transfer NET MOVEMENTS IN FUNDS 2.831 8,486 11,317 169.265 12,0631 11.1051 13,1681 4,172 12 17,1871 7,187 16,4191 I4￿68 8.149 173,437 Balances brought fonvard at 1st January 2025 Balances carrled fonvard as of 31st Detember 2025 87,014 513,655 600,078 687,092 593.659 101,582 695,241 687.092 Statement financial artlvltles forthe l December 2025 The Charity has no recognised 8ains or losses other than those dealt wlth In the statement of flnancial rtivities. The notes to the financial Statements provide informatlon on movements in the Charity's funds during the year. All incoming and outgoing resources derlve from continuing activities during the current and previous period. A list of all Restricted Funds is at note 16 tO8ether wlth a Statement of Financial Actlvlty for each. The Notes on Pages 5 to 13 form part of these accijunts. Page 3 0114 The Parochlal Church COU￿11 of the Eecleslastlcal Parish of Verwood Balance Sheet as of 31st mber 2025 Totsl Funds 2024 Fixed Assets Note Unrestrlrted Funds Restrlrted Funds 2025 Tanglble assets Heritage assets Investments Total fixed Assets 344,911 32.120 197,510 574,541 344.911 32.120 284.251 661,282 346.111 32.120 287.419 665,650 86,741 86,741 CURRENT ASSETS Debtors io 5.476 5,476 3,116 Cash in hand and In bank Total Current Assets 13.642 19,118 14.841 14,841 28,483 33,959 19,758 22,874 UABILITIES Creditors: amounts falllng due withln oneyear Net Current Assets li 11,4321 ,1 14,841 33,959 21,442 TOTAL NET ASSETS 593,6S9 101,582 695.241 687,092 PARISH FUNDS Unrestricted Restricted 14 14 593,659 593,659 101,582 695,241 600,078 87,014 687,092 101,582 101,582 593,659 Approved by Mr Stephen Walton Actlng Chair, Verwood Parochlal Church Council Registered CharMy number 1130729 The Notes on Pages 5 to 13 fomi part ofthe5e accounts. Page 4 of 14 The Parochlal Churth Coun¢ll of the Ecclesiastlcal Parlsh of Verwood Notes to the Ac nt Aecountlng Polldes General The financlal statements have been prepared In accordance wtth the Church AccoLsntln8 Re8ulations tO8ether wlth appllcable accountlng stsndards and the Charltles Statement of Recommended Prartice 2019 IFRS1021, "Accountlng and Reportlng by Charbtles" appllcable UK accountlng standards and Charltles Art 2011, The Charlty has tsken advantage of the exemptlon In Flnanclal Reportlng Standard l from the requlrement to Produ￿ a cash flow statement on the 8rounds that It quallfie5 as a small Charlty, The flnanclal slatements have been prepared under the hlstorlcal cost conventlon except for the valuatlon of investment a55ets and herltaoe assets. whlch are shown at market value. The presentatlon currency of the flnanclal statements Is the Pound 5terlln8 and Is rounded to the nearest £1. The Charlty meets the deflnttlon of a publlc beneflt charlty entlty under FRSIO2. l.b Funds General funds represent the funds of the PCC that are not subject to any restrictlons re8ardlng thelr use and are avallable for the general purposes ot the PCC. Funds deslsnated for a partlcular purpose by the PCC are also unrestrlrted. The accounts Include all transactlons, assets and Ilabllltles for whl¢h the PCC ￿ responslble In law. They do not Include the a¢counts of Church Groups that owe thelr maln afflllatlon to another body nor those that are Informal gatherln8s of Church members. Restricted fund$ a￿ funds whlch are to be used In accordance wlth speclflc restrlctlons Imposed by the donor andl or wlthln restrlcted purposes Included In the objects of the Charlty. Incomln8 Resourcei Volunt¢7ry Income and capltalsources Collertlons are recognlsed when re¢efved by or on behalf of the PCC. Planned 8lvlng receivable under covenant or standln8 order Is reco8nlsed only when recelved. Income tax recovered on covenants orglft ald donations Is recognlsed In the same year as the Income to whlch It relates. Grants and legacles to the PCC are attounted for as soon as the money15 received. Funds recelved by festlvals and 5imllar events a￿, wherever possible accounted for gross. Other ordlnory Income Rental income from the lettln8 of chU￿h premlses Is reco8nlsed when the monles are re￿Ived Pale 5 of 14 The Parochial Chur¢h Coundl of the Ecdeslastlcal Parfsh of Verwood Notes to the Accounts continued A¢countlnE Policies (continued) Incomefrom Investments DiV￿￿endS and interest are aCCi￿nted for when recerrtl. Gains ond losses on investments Reallsed galns or10sses are recognised when Investments are sold. unreal￿ed gains or losses are accounted for on revaluation of investments on 31 December. l.d Resources used Gmnts Grants and donations are accounted for when paid over. orwhen awarded. rfthat award creates a binding obli8ation to the PCC. Artivitles dlrecrfy relt7ting to the work of the Church The diocesan quota or Parlsh Sharels accounted forvthen payable. Any quota unpald on 31 Lknmber ts provided for in these accounts as an operational Ithou8h not legal} liability ènd is shown as a dttor in the Balance Sheet. Governonce Costs Governance costs cOMp￿e all costs invofvlng public accountsbility of the Chaiity and its compliance wlth regulation and good PTrCtl￿. These costs include costs related to accountancy serylces. Consecmted londond buildings andmoveoble Churchfumi5hings Consecrated and beneficed property 15 exduded from the accounts by S.10(21 of the Charities Act 2011. Moveable Churth furnlshings held lyrfthe (hurchwardÈns on sp￿￿1 trustforthe PCC and which require a facuhy for dsposal are considered to be inallenabk property. SORP 2019 recommends that such property be taken into the annual accounts as assets of the PCC. The pcc followsthis commendation for long term a55ets. known as°heritage assets". which are professionalty valued from time to time arbd are included at the assessed current market valuation. Since in general they retain their value or appreclate. therefore no depreciation is charged. The cost of otherfvmishin8S has been wrftten off as it was incurred. l expenditure incurred durin8 the year on consecrated or bene￿ buildings and moveable Church furnishlngs, whether malntenar)ce or irnprovemenL 15 written off as expendlture in the Statement of Financial Acbvities (SOFA) and separately dischsed Otherfvtures, f￿ing5 ond equlpment Equipment used and repairs within the parish Centre are written off in the year of expendlture. Page 6 of 14 The Parochial Church Councll of the Eccleslastlcal Parlsh of Verwood Notes to th unts contlnued l A¢countlnB Pollcles lcontlnuedl Flxed Assets Icontlnuedl Pmperty vested In Sollsbury Diocese SORP 2019 recommends that property procured by the PCC but vested In the Dlocesan Board of Flnance of the Sallsbury Dlocese. whlch therefore has sole tltle to It, should be shown as an asset In the PCC accounts. There are two propertles whlch fall under thls headln8. The land on whlch the Parlsh Centre was bullt. The PCC resolved to brln8thls Into the accounts In 2003. It Is valued at cost and15 not depreclated, All Salnts Church, whlch the PCC resolved to brlng Into the accounts In 2c￿)6, bs a freehold property ¢omprlsln8 the bulldlng and the land on whlch It Is bullt. It Is valued In the accounts at cost and Is not dep￿CIated. All repalrs and mlnor Improvements are wrltten off In the year of expendlture, The Parlsh Centre bulldln& Is a property bullt on land owned by Sallsbury Dlocese but rl8hts pertalnln8 to that property rest wlth the PCC lexcludln8 consecrated land and bulldlngs as detalled above), Is shown as an asset at cost, le55 onnual depreclation. All repalrs and mlnor improvements are wrltten off In the year of expendlture. (See also note 71 Invtstments Investments are valued annually at market value. l.f Current Assets Amounts owlng to the PCC on 31 December are shown as debtors less provlslon for amounts that may prove unrecoverable. Short term deposlts Include cash held at bank, l.B Volunteews and donatsd seNIc•s The value of seNlces provlded by volunteers Is not Incorporated Into the flnanclal ststements. There were no related party transartlons durlng the year. Page 7 of 14 The Parochlal Church Council of the Eccleslastlcal Parlsh of Verwood Notes to the ounts tontinued 2 Incomlng Resources 2(uJ Inrnffllng re50urcesfrom Unrestrl¢ted Funds Restrlrted Funds Total Fund$ 2024 202S Planned giving Income tax refunds Collections Special collectlons Donations Total 71,793 15.241 4.638 71.793 17,991 4,638 2,612 27,336 124,370 74.107 20,859 6,589 1,184 4,422 107,161 2.750 2,612 15.636 20,998 11,700 103,372 21bJ Other voluntqrylncomiftg resources Grants Choir and organ incomeldonations Parish Centre donation Income from Maton Legacles Total 170 170 434 188,188 188,662 170 170 2 fcj Incomefrom investments Bank Interest received Dlvidends received Total 16 3,082 3,098 45 1,255 1,300 61 4,337 4,398 39 5,466 5.505 2(dJ Incomlng resourcesfrom operatlng artlvlties Parish Centre hlre 18,903 Meeting room hlre 1,232 All Saints hire Fee5 Other Utility refunds Totsl 18.903 1.232 18.435 3.223 61 2,772 1,023 801 26,315 3,465 1,987 3,465 1,987 25￿87 25.587 2 (ej Fundgenerotlnq artlvltles Fundraising actfvitles Talent5 Totsl 8,384 8,384 5.627 8.384 8,384 5,627 Totsl Incomlng Resourtes 140,441 22,468 161909 333.270 Page 8 of 14 The Parochlal Church Counell of the Eccleslastlcal Parlsh of Ve￿ood the Accounts Resources used Totsl Funds 2024 314) Grnnts and Chorltoble glvlng Unre5tr1¢ted Restrlcted Funds Funds 2025 Outreach15% of incomel Restricted glvlng Other Barry Martin Discretionary fund 5,080 5,080 2,612 4.238 2.612 630 380 Total 5,080 2.612 7.692 6,052 31bJ Artlvities dirertlyrelrtlnq to the workof the Church Parish Share Clergy Expenses Church running costs Parish Centre running costs Parish Centre Improvements Servi￿, choir and organ Support costs Isee note 41 Church activities Depreciation Total 89.798 1,005 9.361 11.129 16 89.798 1,005 12.670 11.129 16 6.024 20.021 2.037 1,200 143,899 92,313 4.108 10,884 10.448 824 8,047 28.511 1,617 1,200 157,952 3,309 6,024 20,021 2,037 1,200 132,529 11,370 3{cJ Cost of rolslnqfvnd& These are minimal and have been set off against the individual fvndraising act￿lty Totsl Resources used 137.610 13,982 151,592 164.005 4 Support costs Office costs Audit fees Sundries Total 2025 17.597 2,328 96 20,021 2024 26,651 1.140 720 28.511 Page 9 of 14 The Parochlal Church Coun¢ll of the Ecclesiastieal Parlsh of Verwood Notes to the Accounts contlnu8d S Staff Costs 2025 2024 Wages and Salaries 16,593 23.125 16,S93 23.125 Durin8 the year the PCC employed one part tlme staff memkr at the Parlsh Office and one part tlme cleaner for the Parlsh Centre. A part time children's worker was in post tlll the end of March 2025. No- orTre earned MO￿ than £60,OCKI.00 per annum. Employers Natlonal Insurance contributions were nll. Our contribution to our employees penslon scheme was £691.20 6 6qlns orlotses on Investments Dividends received from investments are shown within income from Investments. As recommended in SORP 2019, Balns both from the movement In market value of the shares thai have not been sold, unrealised 8ains. and on shares that have been sold, realised gains, are shown as gains1 losses on our Investment assets. 7 RxedAssets Property Vested In DBF Parish Centre Land Bulldlng Cost or Valuatlon All S•lnts FI￿ureS Herltage A5 at 1st January 2025 As at 31st December 2025 Depreciation As at 1st January 2025 Charged in year As at 3tst Dècember 2025 Net book Value As at 31st December 2025 As at 3tst December 2024 46,01)0 46.000 270,017 270,017 91.704 91.704 3,054 3.054 32,120 32,120 442,895 442,895 61,610 1,200 62,810 3,054 32,120 96,784 1,200 97,984 3,054 32.120 207,207 208.407 91,704 91,704 32,120 32,120 377,031 378,231 In 2003 the cost of the freehold land upon whlch the Parish Centre is built was entered at cost into the accounts. Thle to the land, and therefore the bulldlng on it rests solely wlth Sallsbury. However the proceeds of any Sale would become part of the PCC'5 general funds and ihey are therefore shown as assets of the PCC vested In the Diocesan Board of Finance of the Sa115bury Diocese. For the same reasons. in 2006 All Saints Church, a freehold property, was brought into the accounts at cost, of £91,704 as an asset vested In the Dlocesan Board of Finance of the Salisbury Diocese. Herltage assets were entered into the accounts in 2005 at market valuation. These assets were revalued In September 2019 by an independent valuer. There were no movements in the previous four years. The PCC decided in 2004 that. with an expected life of the Parish Centre well in exw of 50 years. an annual depreclatlon of £1,200 would be more appropriate at this time: It also decided that the rate of depreciation Should be reviewed at 5 yearly intervab at the same tlme as the quinquennial inspection. The latest review was In February 2025 and the existin8 policy re-approved at the PCC meetln8 that month. P•¥e 10 of 14 The Parochlal Church Council of the Ecclesiastical Parlsh of Verwood Note5 to the Accounts Investment Assets These are investments held In the CBF Church of England Fund Income Shares. They have been valued on 3tst December 2025 at £22.1983 pershare lon 3111212024 value was £23.1227 per share) 202S 2024 No of Shares No of Share$ UnTestritted General Account Restricted Bequest and other restrfcted fund5 account Total ,897.51 197,510 8,631.04 199,573 3,907.58 86.741 3.799.13 87,846 284,251 287,419 During the Yearthe￿ were no deposlts or withdrawals from or to elther the General Fund or the Restricted Excluded from the accounts are restricted funds of circa £15,627 that are held In a related"InoJmbent and Churthwardens Trust for ecclesiastical purposes" by the Salisbury Diocesan Board of Finance. Cush ot Imnkandln haml Vnrestrfrted Funds Restrirted Funds Total Funds 2024 2025 Cash at Bank Cash in hand Total 13.642 14,841 28.483 19,739 19 19.758 13.642 14,841 28.483 io Debtors Income Tax refund General debtors Total 2025 5,476 2024 3.116 5,476 3,116 11 Creditots due wlthln one year 2025 2024 1,432 General Creditors Total 1,432 Page Ilof 14 The Parochlal Churth Councll of the Eccleslastlcal Parish of VeThvood Notes to the Accounts In 12 Tmnsftrs betweenfvnds Followln8 a revlew of Interest and divldends recelved by restrlcled fvnds over the last two years, a totsl of £7.187 Ls requlred to be paid into the restrlcted funds for cholr, organ, bequest and youth. 13 Post 8olonce sheet note In 2026 the PCC is Intendln6 to replace both the elertrlcal and sound systems throughout St Mlchae15 Church. The antlclpated Cost Is In the order of £55,000 to £60,000. thls c05t Is not Included wlthln these accounts. 14 Funds wlthln the occounts Restrlcted fvnd$ Where monle5 have been donated or bequeathed for speclflc purposes a restrlcted fund Is set up wlthln the accounts, Our ¢urrent restrlcted funds are as follows: Specl•l Collectlons for dlstlnct and speclflc cause, usually not the Church 8•quest For bequests wlth a speclflc purpose, generally the Improvement or malntenance of the Churches thelr fabrlc, goods and omaments Cholr For cholr earnln8s and expendlture. Organ To control monles speclflc to the organ and Its malntenance Youth For youth mlnlstry Barry Martln For those In flnanclal hardshlp. Exerclsed excluslvely at the dlscretlon of the Wc•r Sound Syrtem Donatlons spedfl¢ally for a new sound system Sound or Donatlons speclflcally for elther a new sound system or a new heatlng system. A credltor for he•lln8 these costs have not been created to be conslstent wlth prevlous years. l)esl8nated fvnd$ These are funds set up by the PCC for speclflc purposes. However, the rnonles wlthln them con be re-allocated, or returned to the general fund by the PCC If an approprlate authorlsatlon Is made. 15 Analysls olnrt ts￿*ts betweenfvnds Unr¢$trlrt4d Fund$ Restrl¢ted Fundi Tot•1 Funds Flxed 4$$ets HerltO8e assets Investments Debtt)rs Cash at bank Credltors Balan￿ at 31st De¢emb•r 2025 344,911 32,120 197,510 5,476 13.642 344.911 32,120 284,251 5.476 28,483 86,741 14,841 593.659 101,582 695,241 Page 12 of 14 The Parochlal Church Councll of the Eccleslastlcal Parish of Verwood to the Attounts eontlnu 16 Reconclllatlon of movements betweenfvnds- Restrlrted Speclal Bequest Cholr Organ Youth Barry Saund Sound or Martln system Heatln Total IncomlnB resources From donors Other voluntary donatlons From Investments Total Intamln8 re$ourc•s 2,612 248 18.138 20,998 170 170 624 15 42 572 30 17 1,300 2,612 624 185 42 572 30 265 18.138 22,468 Resources used Donatlons Church work Total resources used Net resources Investment 8aln51 losses Transfers Net mov•m•nt In Funds 2,612 2,612 11.370 4,242 3,029 2.995 1,104 13,982 2,612 4,242 3,029 2,995 1,104 13.6181 12,8441 12,9531 15321 151 15541 30 265 18,138 8.486 15111 1321 131 11,1051 2,600 1,855 132 2,600 7.187 {1,529) {9891 (2,826} 1,514 (2 262 18,138 14.568 Balance at 1st January 2025 Balance at 31st December 2025 41,849 989 2,826 38,354 1,996 1,000 87,014 40.320 10} 101 39,868 1,994 1,262 18,138 101,582 Fund Assets- Restrl¢ted and De$l8￿ted All restrlcted funds are held as investments wlthln one CBF chU￿h of England fund, known as our Bequest Fund. Some Ilmited amounts are held at the CAF bank cur￿llt account Page 13 of 14 The Parochial Churth Council of the Eccleslastkal Parlsh of Verwood Inde ndent E Verwood. mine rt to the tntstees of the Parothlal Churth C￿nCil of the Ecdesla I Parlsh of We report the Charity's accounts forthe year er)ded 3tst December 2025. which are set out on pages three to thirteen. Resperti¥e responslbllfties of tr￿tee5 and examiner The Charivs Trustees are responsible for the prepardtion of the accovnts. The Charivs Trust consider that an audit is not requlred for year ended 31st December 2025 undersection 144121 of the Charilie5 Art 2011 (the 2011 Act) and that an independent examlnation is requlred. The Charl￿S gross income exceeded £25,000 and we are qualffied to undertake the examination being a qualified member of ICAEW. It is our responsibility to: Examine the accounts (under sectlon 145 of the 2011 Act) to follow the procedures latd down in the general Dirertion5 Eiven ty the Charlty Commi5sioner5 under sectron 14515) Ib) of the 2011 Act: and to state whether particukr matters have comè to our attentlon. Basis of Independent examlnerfs Our examination was conducted in accordan￿ with the General Dirertth$ 8iven by the Charity Commissioners. An examination includes a review of the accountlwd records kept by the Charrty and comparlson of the accounts presented with those records. It aLw Includes consideratlon of any unusual ttems or dlsdosures in the attounts and seeking explanations from as Trustees Concerni￿ any such matters. The procedu￿ undertaken do not provide all the evidence that would be reqL¢ired try an audlL aThJ consequently no opinlon Is glven as to whether the accwnts present a true and falrvtew the rep)rt Is hmited to those matters set out in the statement bekny. Independent examine¢s statem In connection wlth our exarnin*ion, no matter has come to our attention 111 Which gbves me reasonable (3use to belleve that in any rnaterial respert the requirements to keep attountin8 records in accordance with sertion 130 of the 2011 Act: and to prepare accounts which accord with the accounting records and comply with the accounting requirernents ofthe 2011 Act: have not been met: or 121 to whlch. in our opinion. attentlon shoukl be drawn in orderto enable a proper understanding of the accounts to be reached. Institute of Chartered Accountants in England and Wales For and on behalf of Michael Far￿¥ & Associates Ltd Pa8e 14 of 14