St Peter's Church, Hersham
ST PETER'S CHURCH
HERSHAM
Parochial Church Council's Report and Unaudited Accounts
for the year ended 31 December 2025

St Peter's Church, Hersham
Legal and Administrative Information
Structure and GovemanTr of the Parochial Church Council
Statement of Responsibilities of the Trustees
Independent Examinerfs Report
10
ststement of Financial Activities
Balance Sheet
12
Notes to the Financial Statements
13

St Peter's Church, Hersham
Incumbent and Ghair of Parochial Church Council
Revd. Jackie Richardson "#
Licensed Lay Minister
Deborah Lock
Church Wardens
Linda Convery '# (from 12" June 20251
Lynne Watson "#
Andrew Strong .
Representatives on the Deanery Synod
Suzanne Barrett #
Margaret Hicks #
Other Parochial Church Council Trustees
Paul Adams (until 25th May 2025)
Jane Anderson
Gillian Coates
Katherine Ind
Malcolm Reid . (Treasurer)
Karen Richards . (PCC Secrelaryl
Pat Shore
Tony Skrzypecki .
Andrew Strong.
Clare Warne
Children and Families Minister
Melissa Wood (commenced September 20251
Safeguarding Officer
Lynne Watson
Pastoral Assistsnts
Sarah Tourell {Parish Secretary)
Lorelie Stsines
Pastoral Visitors
Sue Burke
Susan Chauncy
Margaret Hicks
Julie Mills
Vauxmead Trust Committee
Tony Skrzypecki
Lynne Watson
Justine Lee
Web Site
www.stpetershersham.com
Principal address
The Parish Office
1 Burwood Road, Hersham
Surrey. KT12 4AA
theoffice@slpetershersham .com
Bank
Lloyds Banking Group plc,
83 High Street, Wallonvon-Thames, SU￿eY
Iff12 1DU
Independent Examiner
Wamer Wild8 Limited, Charter8d Certified Accountants
and Registered Auditors
4 Marigold Drive, Bisley, Surrey, GU24 9SF
Architect
Adam Hieke RIBA of Nye Saunders
Health and Safety Officer
Mark Hover
PCC charity registration number
Vauxmead Trust charity registration number
1131361
1131361-1
' Members ofthe Standing Committe8
# Ex-offic¢o members of the PCC
A Andrew Strong served as Church Warden until 12 June 2025 and in that
capacity was an ex-oificio member of the Standing Committee and PCC. Thereafter, he continued tr) serve as a member of the PCC.

St Peter's Church, Hersham
The Parochial Church Council of St Peterfs Hersham (the"PCC") presents its report and accounts, incorporating
the Vauxmead Trust as a linked charity, for the year ended 31 December 2025.
Structure, governance, and management
The PCC, which is in the Diocese of Guildford, is part of the Church of England and was estsblished by the
Parochial Church Council's (Powers) Measure 1956. as amended, and the Church Representation Rules
(contained in Schedule 3 to the Synodical Government Measure 1969, as amended)- It is a charity registered
with the Charity Commission, regulated by the Charities Act 2011 which requires the PCC to report to its
congregation and the public at large. PCC members are Trustees of the Charity.
Members of the PCC (who are the Trustees of the Charity) are appointed in accordance with the Church
Representation Rules and normally are elected for a three-year term by nomination of parishioners. New
PCC members are briefed on their responsibilities by the Incumbent as PCC Chair. In line with Diocesan
requirements and where appropriate, PCC members receive training on safeguarding. sign a Role Description
letter and are subject to Disclosure and Barring Service (DBS) checks.
The PCC meets regularly during the year to manage the ordinary business of the Parish, such as the
appointment of officers, expenditure and budgeting, the balance and type of our social events, risk
management, safeguarding, data protection. equipment needs, property matters, and issues raised by the
Teams. Day-to-day operational management of the Parish is undertaken by the Incumbent and Church
Wardens working closely together. The Parish has an executive committee, the Standing Committee. which
sets the PCC agenda and transacts business be￿een PCC meetings. The Standing Committee is also able to
agree items of expenditure. within ￿rtain parameters, be￿een PCC meetings and. in some cases, makes
recommendations to the PCC on items.
The PCC is the Managing Trustee of the Vauxmead Trust. Its status has been updated in accordance with legal
advice commissioned by the PCC and in consultation with the Charity Commission, and with approval of the
Guildford Diocesan Board of Finance (as Custodian Trustee of the Vauxmead Trust), the Charitable Trusts
(Validation) Act 1954 has been applied to the Will of Mr. Vaux dated 5 October 1928 in respect of the Vauxmead
Trust. A linking direction was subsequently issued by the Charity Commission on 31 January 2023 which
requires the Vauxmead Trust to be treated as forming part of the PCC for the purposes of Part 4 (registration)
and Part 8 (accounting) of the Charities Act 2011. Accordingly. the accounts of the Vauxmead Trust are
incorporated into this report and with separate disclosure where required.
The PCC as the managing Trustee of the Vauxmead Trust appoints the members of the Vauxmead Committee
to carry out its duties. The Vauxmead Committee operates independently from the PCC reflecting the different
obligations of the Vauxmead Trust. whilst also taking account of the alignment of aspects of the PCC'S and the
Trust's objectives. It reports to the PCC all matters which require decision or approval for major expenditure.
The Safeguarding Officer ensures that the PCC has a Safeguarding Policy and supporting procedures, that they
are implemented. and that the Church takes seriously its responsibility for the care and nurture of children and
vulnerable adults. The Officer is a member of the PCC. The PCC has adopted the Church of England
"Promoting a Safer Church" Policy Statement, national policies. and Practice Guidance of the House of Bishops
and supporting dioGesan safeguarding protocols.
The Health and Safety Officer seeks to prevent accidents and injuries to those involved with the work of St Peter's
and those visiting the Church's premises. The role is also to implement health and safety policies in accordance
with the latest guidance working with the Standing Committee and PCC.
Objectives and activities
The PCC has the responsibility of co-operating with the Incumbent. and the Licensed Lay Minister with the
objective of promoting in the Parish the whole mission of the Church - pastoral, evangelistic, socia5. and
ecumenical. It ensures payment of the Parish's contribution to the Parish Ministry and Diocesan costs via the
Parish Share, and has the responsibility for all the Parish's assets. including its land and buildings.. the Church.
the Church Hall. St Peter's Lodge. the Women's Institute Hall. St Peter's Institute. and the Vauxmead field and the
restricted funds it holds.
Each year the PCC has taken time to think strategically and review its Church Development Plan for the coming
year with the assistance of the Mission Enabler team from the Diocese. In the resulting Plan, agreed by PCC. the
three main objectives remain:

St Peter's Church, Hersham
1. Build Spiritual confidence and grow disciples.
2. Develop Intergenerational worship and fellowship.
3. Grow Community Relationships
During 2026. the Plan will be updated and changes will be set out in next year's annual report.
From July 2026, the Parish will welcome Tristan Stone as Curate to undergo his training and support our mission
objectives.
To assist with the organisation of the many activities carried out by St Peterfs Church. the PCC has Strategic
Vision Groups, each headed by a member of the PCC which are responsible for their budgets and executing the
tasks that the PCC has determined. They operate under terms of reference approved in 2021 by the PCC. Each
PCC member signed a Role Description letter describing their responsibilitieslrole within the team framework.
There are three main Vision Groups of "Care"
"Grow" and "Share" in addition to support groups of Fabric.
Property, Administration, Stewardship and Treasury.
Within these Strategic Groups. the Teams and
responsibilities are as follows:
Care
Worship & Deanery
Grow
Youth Services
Share
Publicity
Pasloral Care & Welcome
Christian Discipleship
Developing Cornmunty relations
Fabric & Health & Safety
Vauxmead Committee
Strategic & Propety
Treasury & Stewardship
Adminislralion & Parish Hall
Safeguarding Commtttee
The PCC has given due regard to guidance issued by the Charity Commissioners in deciding what activities the
Church should undertake and has complied with the Charity Commission guidan￿ on public benefit, and with
Section 4 of the Charities Act 2011. The report of the Pro￿edIngS of the Parochial Church Council during 2025
can be viewed on the Church's web site and minutes from each PCC meeting are put on the church entrance
notice board. PCC meetings were held in 2025 in person, and Standing Committees moved to meeting in person
from November 2025.
During 2025, the Vauxmead Committee met or liaised by email to discuss matters regarding renewal of leases for
the St Peter's Institute and the Guide Hut with legal advice and discussion with the Diocese, and to resolve matters
of maintenance and site management. The Guide Hul lease renewal was signed in July 2025 effeclive for 5 years
from 1 St November 2024.
Achievements and performance
In 2025:_
The PCC approved the sale of the Lodge on 23 July 2025. This was a much-debated decision as it
involved the sale of a long-held asset, but the funds expected to be released will provide investment
income and seed funding for the various projects the church needs to undertake in the future.
The Trustees continued to pay close attention to the financial health of the church.
Grant of £6,000 was received from Benefact Trust for the work of the Children Ministry with the
appointment of Melissa Wood in September 2025.
A grant of £30.000 was awarded to the church to carry out works in 2026 to set up a Community Café so
that people who collect food could stay and meet others from the community.
Works, paid for by the anonymous donation of £15,000 in 2024, continued in the graveyard and the
balance of £2,400 has been taken to reserves for future work. Many members of the congregation and
local community assisted in making a graveyard a place of natural beauty and serenity with 6 benches
provided from individual donations.
The PCC continued to ensure that Health & Safety is given due care and attention. and that the property
of the Parish is maintained.
With help from the Diocese, the Church Development Plan with its 3 main objectives was reviewed and
expanded.
The PCC sought permission from the DI0￿Se and Charity Commission to use the capital of the
endowment funds of Messrs. ES Blake and GJ Christian for expenditures consistent with their initial
restrictions. This permission was granted on 9 June 2025.

St Peter's Church, Hersham
The PCC is pleased to report that, in 2025. no major adverse risk events arose. The Annual Parochial Church
Meeting was held on 25 May 2025 at which the reports of the Strategic Vision Groups together with the 2024
accounts were presented and approved and these are available on the Church's Website.
Financial results of activities
In 2025. our unrestricted congregational giving increased as follows:
2025
2024
£105,681
£98.070
+7/0
+16%
2023
£84,772
Voluntary income"
lo change
"Exduding restricted sundry donations, fund raising. legaaes and gifts-in-kind, bul including gift aid lax benefit.
A Stewardship Campaign was held in 2025, and those who already give, have been generous in
increasing their giving but there remains a serious overall net deficit after all expenditures: giving by
others to the tune of just £10 or £20 per month could greatly assist towards reducing the annual deficit.
In 2025, our total unrestricted income (excluding Vauxmead) of £202,093 decreased compared with 2024
(£216.313) due to the net effect of the following..
No Legacies were bequeathed to the church for its use compared to £20,000 in 2024.
Increase in giving by the Congregation.
Halls rental income had a net increase of £1,800. This would have been greater but was affected by failures
of the heating systems in both halls in late Winter 2024125.
An adviser was appointed in 2025 to assist with obtaining grants to support current and future projects for
the church.
Weddings and Funerals income and expenditure remained largely constant from 2024 to 2025. and actual
numbers of services were as follows..
No. of servI￿S
2025
2024
Weddings
Funeral services
25
22
Of the Funerals, 2 were conducted at St Marks Church. Whiteley Village. where we have taken over the
administration of funerals.
With respect to costs items,.
Increase in costs generally due to inflation.
Major church expenditure for the Hall heating systems totalling £10,000 but the Wl hall costs were partially
offset by a generous donation from the Women's Institute of £2,000.
Expenditure was incurred in 2025 for legal works totalling £11,630 for finalising registration of title for the Wl
Hall. renewing the lease for St Peter's Institute., in agreeing a new ground lease for the Vauxmead guide hut.
The PCC strategy is to develop the Vauxmead site within the new terms of the trust approved in 2024.
The 2025 budget had included a full year for a Children and Families Minister. but the post was vacant for the
8 months to September 2025, reducing costs for this valuable contribution to the church mission for the young
children.
The unrestricted activities of the PCC recorded a deficit of £32,150 against a deficit in 2024 of £42,310. There
were however surpluses on the restricted funds activities of Vauxmead of £16,198 (2024: £14.600}, which are
transferred to the Church. The underlying valuations for the Lodge. Parish Hall and Vauxmead buildings are
maintained at their 2024 values due to the uncertainties affecting the market for property in Hersham.
For the restricted items, some grants were received from the Benefact Trust for £6,000 towards the 3 years.
tenure of the Children and Families Ministry, from the Charity of Robert Phillips covering the costs of the gospel
Choir of £3,000: and a generous donation of £3,500 was made towards the cost of the Community Café where
the first phase is to be completed in 2026. The substantial part of the cost to organise the back of the church to
house the café is being funded by a Community Infrastructure grant from Elmbridge Council
The Treasury Team reports to the Standing Committee and thence to PCC for overall stewardship of the financial
resources. The team's normal activities range from giving financial guidance. to assisting the PCC in the
assessment of its budgets. the disposition of assets and fund raising. through to the day-to-day accounting for

St Peter's Church, Hersham
income and expenditure, banking funds received. insurance. payroll administration, payment of invoices and gift
aid claims. This includes the preparation of annual revenue budgets and accounts and cash position for review by
the Standing Committee and PCC. The 2026 budget recognised that the PCC'S revenue budget remained in
deficit and will need to fund the housing costs of the Curate for his tenure. The PCC recognises that it will need
to continue to manage the finances closely. On this basis, as the PCC believes that it has sufficient financial
resources to meet its currently anticipated needs. these financial statements have been prepared on a going
concem ba51S.
Pollcy on reserves
The PCC retained a range of unrestricted and restricted funds which are described in Notes to the Financial
Statements.
The Revaluation Reserves in the past relate to revaluation surpluses arising on the Church Hall building and St
Peter's Lodge. It is the agreed intention of the PCC to dispose of the Lodge to provide investment funds income
and provide seed funding for the capital projects proposed by PCC for the Community Café and Vauxmead
development amongst others plus the contingent cost of heating replacement, should the radiator circulation
pipework fail in the church. It was agreed by PCC that the capital of the Endowments be realised making
adequate funds available, but that these funds be used in accordan￿ with their orFginal purposes from 2026.
In 2025. the PCC has benefitted from the net surplus arising from the management of the Vauxmead site by
£16,198 (2024 £14,600).
The PCC'S approach to the management of its reserves is conservative but consistent with the requirement to
fund its activities to meet its vision.
Management of risk
The PCC continues to identify and manage the risks which arise from its day-to-day activities. The PCC views
those risks under the headings of governance, operational. financial. external and regulatory. A Risk Register is
maintained.
Areas of risks from the Risk Register are brought to the attention of the PCC for review as a part of the slanding
agenda over the year and areas for consideration include the following-
Annual budget and quarterly reporting
Authority levels
Bank mandate
Financial reserves policy
Health & safety
Insurance policies
Key-holders
Public relations policy
Safeguarding of children and
vulnerable adults
The giving by St Peter's congregation was not sufficient to cover the church's running costs in 2025. a further
review is being undertaken in 2026 to explore all options to close the funding gap.
Investment policy
The Treasury Team reports quarterly the level of funds in its current account to ensure that money is readily
available to meet our day-to-day needs.
Vauxmead
During 2025. the Vauxmead Trust committee met to consider strategic. planning and management issues
although much of its focus was on the issue of agreeing the terms for the lease renewal with the Guides which
required legal advice. The committee kept the PCC and Standing Committee up to date on important matters
which included its considerations on the future usage of the site and how to improve the facilities available to
support its future activities. Important steps were made in the year to Clarify the optimal way forward and the
PCC as a team visited the site in November to understand fully some draft proposals which had been prepared.
In 2025, the buildings on the site continued to be used by their respective tenants with the Burwood Preschool. a
not-for-profit registered charity, renting the St Peter's Institute Hall- the Guides renting the land for their building
and the Foodbank using the garage for food storage and distribution. The use of the site by these groups

St Peter's Church, Hersham
contributes to meeting the purpose of supporting the local community. It currently makes the Vauxmead field and
buildings self-sufficient from a financial perspective and enables the PCC to enhance its local community links by
providing important outreach opportunities. It is understood that the Foodbank will vacate the garage in the first
half of 2026 which will provide an opportunity for alternative uses in the short and medium term.
Mission Support donations
The ongoing policy of the PCC is to donate each year a proportion {currently, circa 12 % ) of its budgeted
voluntary income from regular giving (incl Gift Aid). for the work of Chrislian mission. both abroad and in the UK.
In 2025. the PCC donated £2.700 to our home mission, the Hersham Youth Trust. and three overseas missions,
Casa Reom in Mozambique - £3.700. The Peace and Hope Trust- £1,700. and £2.700 to Mission Aviation
Fellowship. In addition. through prayer and collections at specific events, additional donations were made to
Shooting Stars Children's Hospice. The Children's Society, Elmbridge CAN. and Rentstart.
The Future
During 2025. the PCC continued to apply funds towards work of the Strategic Vision Groups and support groups
and most important. to deliver the Church's Development Plan. In 2025, a bible studies class began. In
December, the Diocese Mission Enabler team was invited to hold a workshop to design a path for the parish to
grow and to develop groups to concentrate on Spirituality, ensuring that faith isn't just something that we do on
Sundays. These studies will continue into 2026.
The most significant project in 2025 and taking a considerable amount of the management team's time, was the
consideration of capital projects to bolster the community use of the church and Vauxmead, such as a
Community Café in the church. The intention is that the café will operate on Wednesdays when the Hersham
Village Center is shut so people will be free to attend the café to have social interaction, avoiding loneliness and
possible depression. Simple fare with drinks will be provided on a "donate what you can, if you can" basis.
A budget for 2026 was approved at the PCC meeting on 21 St January 2026. Overall, it shows a £27.647 deficit
and includes housing costs for the new Curate from June 2026.
A personal note from tho Vlcar
On behalf of the PCC, I thank everyone involved in the different groups and teams that make up the St Peterfs
family. The ministry team and wardens appreciate the part that each of you play in the ministry and mission of
our church. The total voluntary activities of the PCC, the various Teams and their members and many other
volunteers are considerable and without them, the PCC could never ensure the efficient operation of the church
and its activities.
Signed on behalf of the Parochial Church Council.
Or)
Revd. Jackle Rlchardson
Chair of PCC
"USZ /7a2026

St Peter's Church, Hersham
Statement of Responslbilities of the Trustees
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for
each financial year which give a true and fair view of the Charity's financial activities during the year and of its
financial position at the end of the year.
In preparing financial statements giving and true and fair view, the Trustees should follow best practice and:
1 . Select suitable accounting policies and apply them consistently. make judgements and estimates that are
reasonable and prudent.
2. State whether applicable accounting standards and statements of recommended practice have been followed.
subject to any departures disclosed and explained in the financial statements.
3. State whether applicable accounting standards and statements of recommended practice have been followed,
subject to any departures disclosed and explained in the financial statements.
4. Prepare the financial statements on the going concem basis unless it is inappropriate to presume the Charity
will continue in operation.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the
financial position of the Charity. and which enable them to ascertain the financial position of the Charity, and
which enable them to ensure that the financial statements comply with applicable regulations.
The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.

St Peter's Church, Hersham
Independent Examiner's Report
Independent Examinerfs Report to the Members as Trustees of St Peter's Parochial Church
Council
I report on the accounts of the Parochial Church Council for the year ended 31 December 2025 which are set
out on pages 11 to x.
Res
ive res
onsi
ilities of Trust
s and Examiner..
The Charity's Trustees are responsible for the preparation of the accounts. The Charitys Trustees consider
that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the "2011 Acf,) and
that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under
section 145 (5) (b) of the 2011 Act), and
to state whether particular matters have come to my attention.
My examination was carried out in accordan￿ with general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the Charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in
the accounts and seeking explanations from the Trustees concerning any such matters. The prO￿dureS
undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion
is given as to whether the accounts present a 'true and fair, view. and the report is limited to those matters
set out in the statement below.
Indèpendent examlner's statemant
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act. or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the app5icable requirements Con￿rning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part of
the independent examination.
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Frances Wilde FCCA MBA DChA
Warner Wilde Limited
Chartered Certified Accountants and Registered Auditors
4 Marigold Drive
Bisley
Surrey
GU24 9SF
Date: ifi Aedl 2026
10

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Statement of Flnancial Activities for the Year Ended 31 December 2025
Tutal
Unl￿￿¢t￿￿ Rwtrf(*od En¢lown&it
Fvnds
Funds
F￿￿￿4
rolaT
Fund&
Fund#
Fts#d#
INCO￿ fr(rfn GeyEratfrd F￿￿5
(bTvJfEgaliona givi
[Xwli(￿s, Jegacies & S￿dry
1107,7951
{1,6591
123.1941
14.3391
1130,9891
15,9981
1121.3691 132.6341
16.0611
1154.0031
16.LI511
Inthr￿ from eharilable activities
117.4871
11.1201
131.8681
118,60n
1108.5291
118.1131
(70.7701 133.0211
from Inve51Trnts
IT5,1521
11.5081
11.3201
1202.0931
160,5211
11,5081
1264.1221
1216.3131 16S.655
11.3201
P83.2871
EXPENtNTURE
Funds PA￿Ing
arilaNe aGlivrties
7.037
227,206
7.037
263.264
5.194
253.431
5.194
325.224
34.￿0
1,508
71.793
Tclal Exp2Th*tW8
234.243
34.550
270.301
255.625
71.793
330.418
19ainsyk6ses on investr￿lS
11.5321
11.5321
Ilal 1lr*<¥neyEx￿lLr0
32.150
125,9711
6.179
41312
6,138
12,8521
45.599
Tr*sfer bet￿Tr fLW
18,
19, 20
110.5311
142.0751
115,7051
14.385
21.619
168.0451
52,6(kS
6.180
26.607
11.5321
45,$99
1st Jarnory
11,232.7751
1243,3581
152,6061 11.528.739)
11.259.382) 1263.8811
151.0741 11,5T4.33n
TOT￿ FUNDS CAnED FORW
at 31st December
11.211,1511
1311.JlQ11
11,522.S581
If.232.TTS1 1243.3581
152.6061 11,528,739)
Th8 State￿1 of flnancial 8cINibes I￿ludeS 98ins and lossès rttcgnised in th8 year. eX￿ndItUre derive frem continuirg acbviltes.
Page11

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Balance Sheet as at 31 December 2025
hbte
FIXED ASSETS
Tangible fixed as$8t$
Inve511￿￿1 property
Invesirrenls
.250
241.5JO
553,643
851.5(NJ
52.606
10
TOTAL NXED A8gFryts
791.750
Inveslrroni property hdd for s￿e
Stock
t*bto
Cash al bank and n hand
10
$10.0
250
10.121
119.647
250
11.208
74,1
13
14
TOTAL CURREl￿A$SE7S
740.018
85.623
UABiunES: AKILNTS FALUNG
15
(9.2101
114.6331
NET CURREMf ASSE15
730.808
70.990
1.522.558
1.$28.739
fuTh1& of the P8r(thlal CIMr¢h c￿￿11
lthrestricted incorfÈ funds
Ithre$iriGl￿ Fevalualion res￿6
89.157
1,122.Q)O
110.775
1.122.0(K)
TOTAL UNRESThCTED I￿o￿E FLNDS
1.211.151
1,232,n5
Reslricled in¢onE funds
Reslncled revau811cn reseNe
19
16
79.401
11,368
232,000
TOTAL RESThCTED IIICOME FUNC6
311.401
243.358
EThJO￿nt fund5 Reswve
18
52.8(
TOTAL PCC Fl￿IDs
1.522.558
1.528.739
Ih8 linavGial s18ter￿n¢5 we apwo¥ed by the KC Trus1￿ cfi 22 ￿1 2026
&'wed by Ravd. Jackie A'¢hard50n
Tw5tee
G4
/A/zoZ
Page 12

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Flnancial Statements for the Year End•d 31 December 2025
1 ACCOLwllNG POUCIES
Chrlty Irthmation
Sl P81e¢s Hprsham Pamchial thurch Councll is a charity regi$lerÈd %%ilh the tharily cor￿TI55￿n and a part of th8 ChuKh of En￿and e51aNishd by the Parochial
C￿l￿Ch G￿￿118 {Pl)￿Vr5) V*a$ure 1958 as arf*rKled by the Cthurch Representat￿￿ F4Jles.
1.1 Acc￿￿tITlj Convenllon
The financial slalem￿lS have FKep8red In accordance tr￿￿h Parochial lThurch thuncl's gowemlng docunEnl, the 0￿ritIeS Act 2011 and 'A¢Gwnlirg arvj
The Parochial Church CK)unc￿ ha5 18ktrn a(*vanlag8 of the provisiM& in the SlateTtEnl of RecornwKl&Y PrauiGe ISORPI for Charities ap￿Ying FRS 102 Update
P￿11￿11￿ I not lo wepare a SlaleNEnt of Cash Ro¥sE.
The financl•l stat￿Ents hay& departed from the C*arFti8s (Accounts and Rewtsl Rtyjlolions 2008 only to the extent requred tts provide a true and fair vitw. Thk8
(JEpartUf8 has involved f￿10￿ing th& state￿￿nI of ReGormEnded Pracli¢8 for ttwrilt8 8pplying FRS rather than the Versi￿ of the SORP Ythich '
referred lo in Regulalions bui hss sirKe been Wlhdravm.
Thè fin8ncial sialwrenls ar¥ pre￿r￿1 n ster1￿￿. vthich is the fun¢lion& of the ParcthiaF (Jurch Council. M)netary 8frwn15 in thes¢ financial $lalenEnis
are rounded to the I￿r￿&t £.
ThÈ financid slalerEnls have been preparad under thtr hi51oricd cost eonw•)tth, rrodifi&J lo indude qny r8vdualKm of freehdd proF*rties to irtlude
inveslmjt properties and Gertain finanoid instrU￿nIS 8t f8ir value Th8 ￿ncl￿ 8¢cwnting poli¢*s adopted are set out bebw.
The acc(xJnl$ include 8clivitfdS of the V8uxrrthl Trust under d linking dryctive dated 31 Jgnuary 2023.
12 GrAw Corurn
At the lirfft of approving the financia &lalgi%nls, tha PCC rf*rthrs have a raAson•N8 expeclalion that ttr￿ ParuGhk21 thurch C4xJncil has adèquate resources
to continue m apeialional exislenGe for thelore5eeab￿ fulure. TIMJS the PCC Thn*ers contir￿e lo ihtr going concern basi5 of ￿L￿n[ing in
preparng If* lina￿￿[ s181ettEnts.
1J CtrArlt8Lle FI￿d8
L*Fre$lricled fvnds are av8A8ble for use at the discr81ion cf thè PCC in fUrt￿lanCe of thtirch8nta￿8 ca)i￿lIveS.
Restricled tunds ar8 subject to s￿lfIS cffililions by donus as to ￿¢￿theY mty b8 used. Th8 wrposes and use5 of the resiricled funds are set out in the nol88
to the fIna￿la1 sl8ten*nls.
End0￿￿nI lunds YEre sUb￿ècl lo Specif￿ conditithis by donor5 that the capital ftxJs1 be nk1nlai￿ed by the PartKhial Church Council. FollowrvJ 8uIWsaiion frDm
the Diocest Ènd the Chariiy G)n)rissK)n, capital rdeased with eff8CI 9 Jun& 2025 to be used in ac¢erdanGs vath Itr￿ r851rictions of t￿ Niginal wènt.
1A In¢cffie
InGoll% 18 recognised the Parotshid thtwch CAKmcil is kgaw entitléd lo it aftw any perforn*nce conditK)rts havet¢en NEt. the arTh￿ntS can be
measutBd reli￿V, and il is probaEAe th81 InctYr* vill te rec&ved.
C&sh donalN)ns a￿ re¢ognise(S on raceipt. Olhar donalions are rÈcognised onGe the ParoGhial Q)urch thuncil has been nolif1￿ of the do￿110￿, unless
perf0m￿nCe Gondilions require d8fetra of tr* &iwit. Incon* lax recoverable in relation to thnalicrt% received undèr Grft AKI w deeds of cov6nanl are accounted
for %%ttÈn the donation 1$ received.
Leg8¢ies aTr recognised on receipt ty othern4s8 rf the Par1Xh￿ Cthurch thuncll has been rxArfied of an itrpendlrg dFslributh?n. the afftsjnl is knovm. 8nd re¢eipt
trxpecled. If the aW￿jnl 1$ nc>t Xrw, the IBggCy L% trealed 8s a con11r￿￿t asset.
1.$ Exp8rKUtwo
A Ilability is re¢ogni5*1 then either a le981 or ¢onstnJclNo obligat￿n idenlifwj.
Oonalions are aCC￿jnIed for paKI or rf that awd ¢reated a ixnding ￿l981th on the PCC
1M Ta￿l￿e Fixed Ass8¢s
Tangibltr fixed 3s5e18 are iThtl8lly rr*aSU￿ at cost ￿ subseqL￿nI￿ nwsLml al cost ¢r valualiryj. of depreci81ion and any i￿￿81rr[￿ I￿SeS.
t*precialion k8 recognised so as to v*%le off cosl or Vaual￿n of assets less thÈir re5vJu&l value$ over their useful Iwes on follNing bases..
F￿hrAd la￿j and buildings
stra￿0h1 I￿)￿ basi8 over 50 yeais Ibuiklinos ontyl.,
Pl*1 and equprtEnl
sltsight line basis Dver 4 yeat5',
FixluT85 and fitlit
strai9ht line basis ovér 4 years
Th8 ga￿7 or105s aTrsiny on the disposal Df an assèt i% deterrined as the diff8rÈnce bet￿e6n the Sa￿ proce&ts and tho c8ryino valu6 of the asset. and i¥
riised in the staleTwnt trf financi81 activitie5.
1.7 Invèstment Proporty
Inveslnynl prDperty. w*ich is property htrld lo fram renials andlor for Gapilal 8ppreci8lion. 18 *)itially r￿QgnIS￿l al cosl. %ihich ￿cludeS th& purchas8 Cost and any
directly alliibu18ble Èxppndilure. Subsequenlly it is rr*asured al fair value at Ihe rewling end dale. Th& surplus or dtrfKil on revalua1￿￿ recoynr&ed in net
UIG(Krelexptrndilure for the year. Asset& hekl for sal6 arB irthed as Current asset$.
14 Flxed A88•t Imt8StmÈrt
Fixed asset inveslrwls ar8 Initi￿lY Tr￿su￿ al tIW8acliw price excludiro Iran$8GIKin cc615. 8nd ￿ sut6Bquèntly nwsured at f* value al each reportiry dele.
(*8n9es in fgir value are in ret Inc0nW{eMpe￿l1Ur8l for the year. Tr8nsacllon ￿)$1¥ 8E ex￿ns￿l as Incurred.
1.9 Imroorrneni of Ftxed As¥ets
At e¥h reporting end d81e, Parochwl Church thunttil revim the caryying anDunls of Ils langibfe assels to delerAn8 vthelher ther8 ￿ any indic8t￿n ihal those
assels have Suffer￿ an lrrpa5￿nt k)5s. If any such ndicalion exists. tho ￿G0veraL4￿ arnunl of th& 85set is 881inÉied in ordar to dplernwd th& exlenl of th&
Inpairr(Ènt10&s Irf any).
1.111 StLxk8
stocks of stationery are st81￿ al Ihe lov￿r irf GO$t and estKreled sdling.
Page13

ST PEfER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Not0S to the Financlal Statemonts for the Year Ended 31 December 2025 (continued)
1.11 Cash arnl Ca6h Equivaltrrts
Cash and cash equwaltnls includfr cash In hand. deposits t￿￿ * Gpll ￿?1￿ bank$. other short-temi liquid invesln*nls ￿lIb origlnal n*turitie5 of three
le$5. and bank Ove￿1rd￿S.
1.12 Hr￿￿1¥1 I￿trunerts
The ParoGhial thurch C4)uncil h8S 8￿cIed to apply the wovi$Kx% of Sect￿￿ 11 'Basic Fin8n¢ial In$1[￿￿18. arKI SeGtion 12 '01Fw Financi
Inslrurytnls Issues, of FRS 102 to dl of financial instru￿￿￿ts.
Financial in8Itut￿nts are recowised in the Pa￿￿hra1 thurch Counc4fs balance sheet then th8 PaAKh&vl cou￿￿ party tD Ihe cc¥)traGlu?I
OVISIOns af InslruttEnt.
&$1¢ Tr¥nJ￿1￿l a6sots
Basio financial asse15. thich inclijde deblors, cash and b8nk bBlgn¢es, are inilialty ff￿aSUred 81 Ir8ns8Clion price inClud￿7g Iran5a¢iiDn sosls and a
sub5equen8y carried at arr(Kiised cost usi￿ the Èffeolive interest unless the arrawÈmÈnl ¢on51ilules a financng Ir8n&aclKJn. the Iransa¢lion i8
rwsured at Ihe pres8nl valutr of the fthure Teceipts d$¢(Xjnl￿ 8t a rfwk&t rale of int8re$l. Financi818SS615 Gla5$rf￿ as ￿ceIV￿ble wthin one year 8re ntsi
rtlsed.
80$Ac Ilrttsflltl88
Basic financial liabilities, including creditors •re inrtially rÈcognised 81 transacti￿ ￿7¢8 urde55 the arrarwJwEnl conElilule5 a financfvJ t￿s￿l￿n, ￿there the dèbt
Instrument is ffEasured at the pres￿1 4Jf t1￿ fulurg payn*nls at a nkt*Èt r*e of Financial118bli it￿9 cLqs¥rf*d a5 poyable within one ye¥
are not amrtised.
Trade creditors are obligalityts io pay goods or 5eryices that have bfren aCqUiTed in the ord￿18ry ￿Urse tsf Operat￿n¥ from supplie￿. Armunls payabfe 8rtr
c1858ifEd a5 ¢urrenl liabilities rf payrthnl 15 (Jue wlhin one year er ￿$s. If not. Ihay are presented as non-curr8nt liabilrfies. crtditcr are r8coyni$ed ndially 8t
tran5a¢lion pficè and 5ubsequenlly rregsureé * arrortised cost using the 8Heclive inleresl
l￿ra￿lI￿ ol11na￿¢ial Ilaaf11ti05
Financial Iiabililie5 are derecognised then th& ParochL81 ￿urCh r￿jn¢11.5 conlraclval oblKJations expre or a￿ disoharg&J cf cancdled.
1.13 EmF4wee £ènBfits
Th8 Cast of a￿V unusad hdiday entitle￿￿t 15 recognised in the in vknich the 8ftployee's s8Nices s￿ weived.
1.14 ReUr8mp#t
Payn*nls lo defined contriM￿n rèiir£nEnl benefrt schvms ar8 charged 8S an 8xt*n5e a5 t￿Y fall d￿.
1.15 A65c¢lated Or#ani5atlo
A5s0cialpd Drganis8lions arè St Pelees Felkwship and VauxttBad Trust CVeuxnEartl. Trir accounts arts inGlu(Sed 8s a part of these PCC accounts.
Surplusesldefi¢ils ansing from these *tivit￿S are applied as frAloAE". St Petees FellO￿¥hip is an organisalion of D*ffbgrs of Ihe congregation and
the loBal ¢or4YMnity ￿ttiCh und6riakes it5 fund rak5ing and incuE5 costs. includin9 Gharilable dffiaiions. PLYSUIW ÈGlivilies in lino ￿ryth the broader
pwpose of St Pelerfs thurch., the PCL Mlds as rr¢naging trustee the18nd of the Vauxft*ad Tru51 for the b￿11 of youno people and If* c0ttfftx￿y
to use for swts and ￿lsure aclNilEs. and the net surplus year arisin9 from VauXr￿rf is availab￿ ta the for its genernl purpose5.
The 8c¢ount5 ￿nclUd9 all transaclion8. assÈls and ￿abIlitieS for Ihe PCC ￿ res￿8]bIt in law incknling ￿11¥11￿ undèr the VaLL¥nwd Tnjsl. They do not
I￿lUde ItE ac¢ounl$ of groups that 0￿E their afliliation to ar¥JtF*r boly cf IlvJse that gre infom*l 9alhering5 of Q￿urch wwnbers.
2 CRJIIULACCOUPrnNG ESmW7ES JUDGEMEMrs
In the appli¢81iDn of the Parochial ChurGh Council'5 accounting poIicE5. the PCC nwrtW5 are r8quired to rrekeJUdg*ttw￿$. est￿185 arKI as5unYt￿ns abtNrt the
caryino a￿￿nI of assets and liabilities that artr not readily apparpnt from olhar sfyJrce5. The Èslitrwles and aSS￿lated 85surrpli(x)s are based en hisloric81
experiÈnBe and oth* faG10￿ that are considered lo bè relevant. A¢lu* results nwy difftr from these esiin*ie5.
estinwtes undprfying assuw￿nS are ravitrwTd on an on90irvJ basi5. ReYi5w)ns to accounting e$lirn*les are recogni5ed in the period in ￿th1¢h the
estirrote k% rèvised there thè revision &f16cl$ IhBI perpod, or in the Df thp EVis￿n and pe11c￿$ the re¥isiM 8ffecls bolh ¢urr8nt and future
per￿$.
Page 14

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notos to the Finan¢lal Statements for the Year Ended 31 December 2025 l¢ontinued}
2025
2025
2025
2025
Yot
2024
2024
2024
Tot
3 Incom• Summary
lrtci)ryv fr£lTrD)Tr81￿S 8nLI legdcies
tk)nalK)ns and Gifts
LegaGies
Grants
Fvnd
Fun
1107,7951
ITJ.1941
1130,9891
(101,3691 (32.6341
120.LNJOI
1134.0031
I20,￿0)
107.795
23,194
130.989
32.634
c¥￿nIa￿leACl1Wrt
ddhgs Ènd Funeral F￿$
Fdlovtship, Sundry Oubs & Groups
It5,4751
115.4751
116.3121
116.3121
1.120
18.113
Incowo It￿ Inveslnwis
Ren181 IrLcwr
Inte￿1 PÈc&vable
V8uxnwd
(72,0761
(3.0761
172,0761
14.5841
31.868
167,9661
12.W31
167,9661
14.1231
33,021
105.112
11.5081
11,3201
31.868
31.868
33.02fj
1.508
70.770
1.320
OthÈrlncon
Other InBDrrE
&*T
4.339
4.339
6.061
6.061
1.659
6.061
6,061
Total Inco
60.521
1.508
216.312
65.655
283.287
4 £xpendStur¢ Summary
in&
Sukpxt
Vknk614p &
Prayer
Stry
Chwch &
Vlwa
Pèrlsh HBII
Tthal 2025
Direct eosts 2025
Staff costs
>bll hire adrrin
P9￿s￿n Gonlribulioni
IT & consunybles
Stat￿nery
TÈl£phone & ￿teMe1
PmIoGop￿r
Oflice and adrTm expe￿¢$
reciali
P8ri6h Share
aergy ex￿nSeS wl ¢rainir*J
Upkeep of seivices
Pastoral care
OccasiTh)81 ofFicos
Chri5thqn deve￿1
Sub5CfiPtK)ns
utilities
Repalr & nHinlen8rt8
In$urdnGe
Other èxpÉn5e5
Gov8man¢& fjost$
Indepèndent Exar1￿￿8 fe8
PCC exp8nses
29.738
5.973
37.498
1,271
1.271
1.226
3,994
3.393
86,871
2,375
11.324
6.154
2.423
5,311
423
18.001
46.331
5,693
7,041
86.871
2.375
11,324
6.154
1.215
5.311
342
5.322
8.320
277
81
3,668
7,068
1,198
1,339
9,012
15,338
4,159
4.522
15.611
59
512
1.728
252
41.523
1.728
252
247.663
107.gjo
12.532
36,424
20.261
13.354
15.870
Grart ftrdlrwd
Gran18 lo and evetseas rrissK)n5
ti$trit>ulion of speclal coileclllk75
10,800
3.293
121 992
10.8
3.293
41.523
t2.532
13.354
MALYSIS BY FJJND
EndO￿TEllI fund5
Reslricled funds
UnreslriGted funds
9.531
112.462
7.349
29.075
2.OOD
11.351
15.670
34.550
227.206
41.523
12,532
Fund Ral8lNJ & PLtrllclty
Invesln%nl Mag￿t
L￿re￿1￿Cle￿ fund5
7.037
7,037
Page15

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Financlal Statèmants for the Year Ended 31 Decembgr 2025 (contlnued)
Expenditure Summary
Icontinuad)
Athnin &
Mlnlstry
WDrkshlp &
Pr8y
Church a
vtcaraga
Par15h
Hall
Tdal 2024
reci ¢￿ts 2024
Slaff co$ls
11 hire adnin
Pertsth conlrbulnns
IT & con8WfAbbs
Stal￿nery
Tdephont & iniem81
Photocopier
Office and ad￿￿￿ exwses
D8preGialh
Parish Share
awgy exp8ns25 incl trahNrwJ
keep of seNices
Pastoral care
Oceasion81 ts￿￿e8
rislian dÈvelCpn￿I
SL&)scriptM)ns
29.376
19,231
1.775
3,337
3.337
2.169
1.847
1,555
4.708
677
2.169
1.817
1.555
4,708
6TT
442
3.393
3.393
84,759
18.775
9,OY2
5,386
3,175
84,759
18.775
5.386
1.100
2,075
342
7.965
4.347
222
514
419
25.151
57,446
6.708
6.425
12.729
34,575
5.089
1.266
PEpair & npinlenance
4,467
17.080
226
1.116
Oiher expenses
GovemancÈ c05t5
Independent ExarrinBVs fee
PCC expenses
3,443
1.500
147
147
42.507
132.095
11.1¢7
57.051
18,502
Grant
GTanis tv how* and overseas n￿$1(
SIr￿utiL￿ of $pecio1 collect￿nS
10.592
18,422
290.337
10.8
23.684
10.800
11,167
ST.051
18.422
324.820
IiALYSIS BY FUND
Reslri¢led funds
Lknre&lriGled fuThJs
42.507
122.660
43.919
166 579
11.167
49,299
7.752
57.051
17.206
10.592
253,431
71.793
325.224
18,422
42,507
FWKI ral$lro &
Inveslrr*nl nBnagetr*nt
l￿4￿Stricted furwjs
Page 16

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Ststements for the Year Endgd 31 Decembgr 2025 (continued}
5 PCC Members
The ryeryy and 6 memb8rs of the PCC12024 . 51 received paynEnls during thg year b8in9 r&irrt)ur5eDEnl of approved exp8nÈès and the payn*nt of fees. Thè fees
rekle lo Verger dutips in 8¢¢0réance with the PCC approved schedule of rates. The aggregele arnunt of these PaYr￿n16 during that p8riod of offKe in year
88 £7,90512024.. £6,198).
6 Employoes
2025
The average full tThe equlva￿nt (￿E) number of 8mpbyees durfng
the year wa$..
Relates to th8 Parfsh AdminkStrat*)n. HaB Hiring a￿d Ch￿d￿n8' Work.
Empby6è costs
Wage5 and salaries
P?n8ion costs
40.743
52.375
43.002
Throughout the year IhB PCC errployed a part-lin￿ parish strcrelary. an adrrinkslralor for thè VauxnEad property aGled 88 ￿0k￿g5 Tr*nagerfor all (Xurch
property, and a Cxurch F&ll ¢lean8r. The associaed cos1$ are included Kilhin adrrini$lralion supprKI exppnse5. V8u¥rtsad ex￿n$8S and upkeep of church
prop*ty expenses 8bove. In Sepienknr 2025. the church recmiled a new Children and Fanklie5 &￿[d￿lator and t￿tr £0515 are from reserves, natrEIy
rfe5 Sparks trust rètsÈived in 2020, olarns a[￿ person81 dOn￿lor￿S received in 2025.
eryloye8 eamed n excess of £60,(W. The PCC olfers 8 defin*l conlAbulion pw5iM S¢P￿ to afi qualrfying errploy6es. Th 858ets of the sCheft￿ ar& hdd
separately from those of the chatsly as gn indwndent nkn8ged fund.
7 Net GainsllLosses) on
Investments
Uw•tstrided Er￿￿ent
lurxls
Tdal
2025
2025
202S
2024
R6v81uatk)n of investments
8 Taxatlon
Ihe charity Ls exty fr(n laxatKJTr on it5 aCtwitie5 t)K8U88 ￿1 its inc(4Th i% 4)FAied forcharitHblo pufFoses
9 Tangible Fixed Assets
Fblorn¥ Equ4?rr**
dflttknps
dbuUdknp5
Tota
GROSS BOOK VALUE
AB di$cth&Y 1 Janudry 2025
11.179
624.223
Addit￿Tr5
Cl"sp)sals
At 31 C*centsr 2025
549.rA)o
64.044
624,223
DEPRE￿AlloN
Al l January 2025
arg8 for the year
At 31 t￿c￿l￿r 2025
159.4001
111,1791
(70.K191
3.393
173.9731
111.1791
NET BOOK VALUE
Al 31 ￿Cerr￿er 2025
549.000
1.250
550,250
At 31 DecertÉi 2024
549,1100
4.643
553.643
ThF freeholo larKI and build]ngs conprfse the Church Fkll and the land sl VauxnE&. The Church Fbll valL* ha5 not ch8nged n 2025 In the view of
the PCC Èt £537.000. and the LqThJ st V8uxnEad r8rf*irb5 at esllmal6d open rrmrkel Yalue of £12.000.
F￿¢4IreS 8TrJ fitlingB gre éeprech81Èfj at 25% annum ￿ a $lTaighl Ih? basis.
Page 17

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Flnancial Statements for the Year Ended 31 December 2025 (continued)
10 Investrnent property
Fair value
At 1 January 2025
Transfw lo ourreftt assets held 5aTe'. St Pel8rf8 1
851,5TrJ
610 000
851.500
31 ￿ethr 2025
241 5LNJ
851,500
In 2024, InveslnMI pmparty cotYPri5ed iNJildings al V8uxff*8d1£221.5001. St Peleffs Lodge1£610.0001. 8nd the W Fbll1£20.0001. The fa￿ value of
the inveslrrwl wowty ha5 been arrived at on the bas￿ of v81u81*)n8 carried by Ihg P(C and an exlemal vduer. The VgtsxtrE8d valuat￿n
nwdÈ w open market varu8 basis by refe￿nce to nel prÈ5enl value reco9nising th8 constraints over its future The Is now in the
Pr(￿eSS of being pul up for $816 and this is held ￿ 8 euttenl assat at the value suprorted by the sÈllirwd ajent's guid8nce.
On 8cquls11i￿. the valuation of the W Fk911 was based on 8 rEt p￿ent valutr calculolion of its r*1 ranld inc(wre over 20 years.
The value of the fre¢h￿d land. indudlng th8 Pff0￿rtY hekl for
sal? is..
Freehokl land val
305.0
305,000
11 F￿ed asset investments
Fvnd
Cost or Valua￿on
At 1 January 2025
Re￿1$&￿a￿l twsfelred ts the
At 31 De¢frryl)er 2026
52,606
52,606
Cairylng amount
At 1 Oecenknr 2025
At 31 t*cerrl)gr 2024
52.606
se assets EndOw[￿￿t Funds held upon trust by the Guiword Dwesan Board of Finance and were invesled in ihe CBF Fixed Interest
uri1￿$ Fthd. The PCC art￿￿riSed Ih*r ￿115311￿ at the n￿ling on 261h Febluary 2025 and the funds ￿re rec¥ived in July 2025, follDvAno
apyoval by the tlocese arnl Ctharity CoffnissK)n.
12 Stocks
off￿ 8lationery
250
250
13 Debtors
IncorrÉ 18x recoverydb
9.471
498
Prepayn￿ni$ arKI aGcrued inlaresl
Olhw debtors
10.121
11.208
14 Cash at Bank
Cash at bank
19.593
23.367
10.000
NalionvKde BS Cyvsit kcounls
COIF deposit account
St P8lerfs F￿10¥Ship
>9,000
40.ODO
1.054
119.647
74.165
The cash b8L8nc8s at the yearend b8￿rtIled fmm th8 recwpt of 8￿0￿M￿L fund$ tolalling £53,287 Iwe 181.
15 Creditorg: amounts falllng due wlthln one year
A¢Gruals and (leferr*J incon
14.633
The 2025 balance rd8te$ to heoliro expensès aBcnEd for at the year end. È1.232 Collec1￿ for R6nls18rt C*8rity Over C*ri$lnYs. and oth
anK￿nIS for seNice5 accl￿d.
Page 18

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Finan¢lal Statements for the Year Ended 3106c8mber 2025 (continued)
16 Revaluatlon Reserve
R*duation
Rfftqlv*lon
Baanc85 blw at 1 Janu8ry 2025
P£valu2lI￿ of Lodge
IM Ha￿ valuation
232.OCN) 1,122.0
&aL¥￿e$ GIf￿ 8131 ￿e0-kner 2025
232.000
1.122.000
7he restr￿ted revaluation reserve relates lo the fiKed asset and Inyesirrwl assets hdd on V8uxrffj8d, an(J 15 a reslricled fund consislent wth the
51olus of the a55e15 h¢ld on the V8UXry*8d Site. The Jnresl¢Fcia revalu811t￿ reseNe reLgle¥ to Ihe valve ol th& Hall, the LrJJge and thB W F&II.
17 Retirement Ben•fft Schemos
Doflnèd contrlbullon schemes
(Jgrge to profil or *0ss in respect ol delined conlriwffjn st1￿￿5
2.259
3.514
The Par￿h￿ (*urch CthnBil operal8s a defined conlribulion penS￿n $cherrE fu *] qualrfying enykyees. Tr 88Sets or the 5cherne 8f8 hald
separate frem ihose of the Parochpl thurch Council. in an independenlty ad￿￿nIstered fu￿.
18 Endowment Funds Reserve
Tol*
E$ Bl*• GJChvÉrt
Legxy
Le9Xy
Funds
LÈgacy Balartes WfvKI at 1 January
2tr25
17,449
35,157
ReaksÈd_Trar*ferr8d io rgslricled
IncorrÈ Fun
117.4491
135.1571
152,6(￿}
Balances cl1￿￿ at 31 [￿￿[rI)Ér 202S
LegaGy B8Fan¢es blfMI at 1 Janudry
2024
In¢(xning R85r*￿&S
Transfers
r*walL*ll￿ gginllk*sl In year
16.W3
34.081
51,074
399
13991
456
921
19211
1,076
1,320
11.3201
BaÈnGe$ clf%%¢ at 31 tkneD*eF 2024
35.157
52,606
The EndDvThrent Funds we held upon lrnsl by the Guildford Diocesan Board of &ngn¢e and ￿￿e inve51ed in IhÈ CBF Tixed Inleresl Secvrili65 Fund.
At the Pfx ffEelin9 on 26th Fabruary 2025. il v*s re501ved lo realisè the cash ¥8￿0 of Ihese endowrnnls and furth TeceweLS In July. lollov*no
approval from the ijoc8se arHJ the l￿tY CtyJ*ri5SW.
E $ 8Jak8 Le
I￿￿ was a legacy frThm Mr. E S BL4ke. Quolingfrom a letlerdaled 24 Januw 1958 fromth8 Guikiftyd Ll'oc8S8n Board of Finance, it ￿ held by th8
..Guildford t10ce5￿ 808rd of Finance upm tnast for eThknt7*nL DrYug￿nIStiM of the of the ￿erIC8 of the Parish of He￿h8¥￿..anrf
th8 Assislanl Qeryjy if any of Ihgt P8rish....
G J Uwlstlan L4gacy
This was 8 legacy from W. G J Christian. ()JDling frnm the ￿￿11 of Mr. G J Chrislkqn, il held by the"...Guildford Diocesan Board cf Fnan¢e
trust....to pay th? nel bnc(MTE thereof to the Parochial Ctvjrch Council of th& Parish of F*rsham...fw the nEinl6nanGP and upkeep and adomff£nl
I￿1￿￿￿9 against tKe arKI olher rfsksl of the Fabrfc of IhB Pa[￿h Cthurch."
Page 19

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements for the Year End8d 31 Decomber 2025 (continued}
19 R05tricted Funds
cUF1￿￿r YEAR 2025
At1 knuwyalis
Ihrornlng
RetOufE*
Rwurc¢5 ￿p￿d
At31 Dg(•mb•r
lthlherirvJ Sunday
Gospal choir gr8nl
s￿ck11 thHeelR)ns
V8UXnE8d
Olh&r and Specid rx)nathMS
artes Spark8 t￿t
Ch￿dren'S m￿lS1ry FIJNI
M Blacker legacy
es in Gr8¥ey8rd Project
FrEnd$ of St Pelerfs. inc grdvey8rd
benche5 and rnrals project
ConThTrJnily Cafè Fund
GravÈyaryJ resenfe
11 hBaler5
662
3.500
3,293
3t,86B
13.5Lh)I
13,2931
175.6701
116,1951
1.816
4,743
14.7431
11.3451
7.120
5,775
2.000
12,7001
13rx)I
8.365
11501
9,203
7.339
2,401
7,339
P.4011
11.358
60.521
134.5501
110.5311
17.449
26.795
17.449
E S Blake Le9acy Fund
G J C*ri51ian Lègacy FuThJ
35.151
35,151
11.358
34.550
42.075
79.401
PREVIOUS YE*A 2024
At l knuay2014
Intorning
At31 DK4mbar
K*lhÈriryJ SuTrJay
Vauxrreao
Olher and Specil [j)nal￿n$
Char15 Sparkes Itt￿1
M 81acker le9acy
Specid thlleelor
Fritrnds of Sl Peterf$
Guikjford DBF
8enefÈci tn151
Sunpy County QJun¢l
33.021
118.4221
114.3851
11.0241
131
2,968
4.743
2.000
3,992
23,315
2.000
P11
2,150
118.V121
124,6861
11,6631
15,0001
11.7501
1.024
S.fX)O
1,750
1.7ty)
31.881
65S
1.793
14.285
11.358
R•strlcted FuTrl
Rè51ricled funds rep￿efit fwwJ$ that h9¥e been resirioled by th8 thn(x5 for a part￿￿ar purpc6e and they cannot ￿ used by th8 Pccfor any 01f￿r purpose
except by agreer*nt wth the donor oras deteryrined by thè Courts or the Ch*ily Crrnissith. They can incI￿le ¢olleclion8 in GhwGh aTrJ fund raising events for a
particular wrpose.
Sm*y
ThFs was a legacy frryn Kt. R Berridg& li the 1950s fijr purchase Df Pknlhwiro Sunday 11(wrs.
Clnlr gTanl
In 2025 3 grant ￿Cewed fiom thè (*grity of F¥Jbert PINllips to fund the G051 of Gospd Cholr ccrtert held h N)verftsr 2025.
Ihe Inc(XTE and distrib￿￿n fjf reslrtled funds in 2025 inBlud25 cd1frcll￿ for the C*adlie8 of the 81s￿p of Guildford1£5411. Ekr*)ridge a4N1£3691, ChiWren'
Society1£631 . ￿n1Start le1.2321 and ¢dI￿lI(fi fer tho relinng Wardon.
Vau¥mead
The PCC is the rykqna9ing tnjslee fu th8 VavxttEad site 1$ opposlte thè on the Road. The Trust w 8glabli%hed for the bantrfit of young
ople in the *ider cornwity to use for Outd￿ sports and ewwalent &liviti88. Th8 fin￿181 suWus or defrit 8rl8ing fft)m Ihe site ￿ for benefit or the Pcfs
funds.
Page 20

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
Notes to the Financial Statements for tho Year Ended 31 December 2025 (continued)
These fund3 reP￿sent aryv)unls that Y￿re dMaled prior years for Specif￿ church bellernÈnt proiecls 8rK1 other rp5IriGl￿ purposes Mthich hove now8xpired
been spBnt in part. Thwe w ext*￿11￿￿ in the Graveyarfl OF £649 in ￿25 and £500 hdd siTrca 2021 agreeo 8S Cost of one of th ￿ncheS in the
Gravev8rd.
(Ymrles S￿r￿s Trust
In 2021. funds wEre receiv8d frDm the QXarft$ Spark88 Trust Fund vknich b￿ng di88olYtd. It ￿¥$ 8greed ￿Trth the Tntst that fvnds could b8 use(t for children.
devdopttEnl in a¢EordanGe with the Ttusl's orvainal purpose. Ihès& funds hava been used lo supwrt the thildren and Family Ministe¢$ c0515 of salary and
Èxpenses. and the funds *ete exhgvs18d in 2025, us&J, in part. 8gaN)st the $aL9ry expense5 of th& #ew Cthi￿ren and Fanilp5 Worker 8pw)inted in S8plen*
2￿25.
Cl&ltron* mirristry
A grant frorn Bwef8¢1 Ttvst £8.(K)O recdved to app￿ lo IhÈ Chiuren's rrini%lry project whiGh $el to ¢￿tInUe for 3 years betore revyaw. Other 9enerou5
donalions were received tolalling £1.120. Part of these fund5 has been applied agaiD$i the cost of Chitdm's salary and olher cost$. Furiher grant
appI￿at￿nS a￿ iEing n*dÈ to provk1e tuture fundirKJ Cjiildrens m￿lis*ry.
Bla¢lr8r 185srcy fvnd
In 2021. a legacy from Blacker Wds weived fc¢ £2.(KM). for tht Vicar to use ot dK8cretHx).
B*￿IleS In Gravgyardwtyeci
In 2025, 5 dtn81ions received aNJ fund* in Qher LVJnalion5. ￿*re uswj to purchase 6 for the yraveyard and sorr* fu￿$ refféin for future u58.
Frlernls rfst Peler¥
t￿rrng 2023 il vtas proposed Io a Friends of Sl Peler's Group %thiGh ￿￿Ul￿ be oppft to the ￿lder Her5ham Cottminily. An anonynY)us donaiion hehj for 8
cancelled fer £2.150 rt4onaled for initial set up cos15 and specrfiCal￿ for the V￿rk of restoring the Mwals vhich ￿re painled iri 1g)2_
Wort ￿￿5 C8rried in 2024 tt W￿¥the wtirm5 and further fundrais￿￿9 began In 2025, vrilh a ¥￿t0 seeking gfanl$ tD proor8sÈ vAJrk on the r851(rdlion of the
ral8 to their original splerK%our.
CThnmurfly Caf4 Pr4e¢t
s raised in 2025 for this 8nd a gwerous donation ￿e1vert. A aL 9￿1 hds been awar(led for the to back of the church. Work tEgan in
February 2026 and furth8r CIL 9rénls are sougm to Garry ￿rk to uporad& the kitchen and tvilets.
In 2024 an 8ronyrmu$ ￿m9110n of £15.tyJO Yés r￿e1¥&y obieclw8 of oV6ffJrO￿ pL9nl¥ and ￿5￿e5 In gravey￿. A bala￿& left end u88d
to purchase a ￿anch shredder and the r&Trining ftIr￿ Fcf 98ntrd wyk Sn the Graveyard.
In5ti1uts Heatsrs d￿ti
Tl* healets the W ha51 Y￿re condermed in 2025 and received 8 dDnalK)n from the W of £2.(W to cmliiLxJtÈ to t￿1r replace￿￿1.
E S Plako aml G J Ctrisilan Las7￿0$
These aré ihe a¢cun￿la1Èd inlerest receipts frcqn th& E S Blake and G J Christian En[b￿r￿n1 Funds. The KXJFP)50 explainèd under the
Endo￿Tent FLnd descript￿)￿.
End0￿rI￿n¢ f￿d8 rewesent ry￿nty given to thè Cthur¢h on pornkwl 8nd0v￿. 7hese f￿5 we hdd on beham or p￿ by th& Gu#dford titte5an Board of
Fin￿e. The eapi181 of thestr funds ￿3s rele8se(S in 2026 and tr8nsfe￿Bd to reslricled funds LFSè conskslant ￿1th the original resiriclons.
These re&lriGled fund6 %iill be u8eO to fund cosls fulwe yearn.
Page 21

ST PETER'S HERSHAM PAROCHIAL CHURCH COUNCIL
20 Unrestricted Funds
The Unrest￿ted funds of lh8 chafily corrprise th8 urExpende(I balance5 of donati(ms and grants vhi¢h are not sutyecl to spcrfic condilKins by dDntsrs and
graTrtors 8s lo ￿￿WtheY rray be used. These include deswJnèlÈd f￿dS vhich have been Sel asKle out of restl￿ted furth by Ihe tru51ees for Spe¢rf￿ purpose8.
At31
DKqmber
CLrrert Year 2025
At1￿U
Gèr￿81 Funds
1IQ775
Gths￿d
At31
Prevlcw year 2024
At 1
Inwrnlng
E¥wd•
General Funds
216.313
15.705
110.775
21 Analysls of NgtAssèts by Fund
Fund*
Funds
Totd
At 31 Decemtrt 2025
Fixed 8s8els
lftvesltFETTrt prepert
Inveslrrenls
rrent assets less liabilities
.250
241.500
232.wo
782,250
241.5(K)
419,407
79.401
498.808
d balanGe
1.211.157
311.401
1.522,558
Funds
Fund
Ftsthds
Totsl
At 31 Oocembèr 2024
Fixed 85sels
553,644
851,500
232.000
553,644
851.500
52.606
70,990
Invesiit*nt oroDert*5
Invesln*nlS
52.eL
OJrf•nt 8sset5 less liabilitles
59,632
11,358
bal*)c6
1464 776
243.35B
52.606
1 S28,740
22 Related party transactlons
There are no dis¢10$8ble rel8led party Irans8clions dwiry the yew12024- rKMèl.
23 Vauxmead Trust
The vaUxry￿ad Trnst is a separ*È ¢haritab18 enlily and separale ledger codes are hdd to Bccount for its actwille5. ihdw the t8m¥ ol the Wll of Mr Vaux. th&
surpl￿ of Ihe Tntsi each year is devoled lo Ihe trÈinltn8nco expense5 of the PCC cr to any associated GharilaNtr aclNilles Connect￿ it. Tha fesulls and
as$&t$ of the Twst are 8$ folb*s'.
R8nlal incoFrE from propert￿$
re inceft* frc¢Trfidd
Tota5 incon
28.756
30.243
31.868
33.022
Staff & A(kn1nistral￿Tr cc6ts
Inslilule repair5
tkprecialion and inyimEnl
inlenancè and lea￿ cc*ts
Tot* resource5 expèrthd
226
1.116
15.611
15.670
17.080
18.422
s￿￿U8 IIFaftsferrEd io PCL at ytar wdl
as$et$
Investttpnt ptogerti88- FrethrAd
pilal fun
Fèslricled res8￿e- Re¥8￿3110￿
233.500
232,000
232.ODO
Page 22