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← The Parochial Church Council Of The Ecclesiastical Parish Of St Michael And All Angels, Sandhurst

2025-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Diocese of Oxford

Parish of St. Michael and All Angels, Sandhurst

Charity number: 1134547

TRUSTEES ANNUAL REPORT & FINANCIAL STATEMENTS

of the

PAROCHIAL CHURCH COUNCIL

for the year ended 31 December 2025

Contents Pages
Trustees Annual Report 2
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 Notes to the Financial Statements 11

St Michael’s Pastoral Centre, Lower Church Road, Sandhurst Berkshire GU47 8HN Tel: 01252 873030 Fax: 01252 878289 Email: office@stmichaels-sandhurst.org.uk Web: www.stmichaels-sandhurst.org.uk

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Trustees Annual Report

A Legal and administrative information

St Michael and All Angels Church, Sandhurst is registered as a charity with the Charity Commission (number 1134547). Details can be viewed at http://www.charity-commission.gov.uk.

Location:

High Street, Sandhurst, Berkshire, GU47 8HP

Correspondence address:

The Parish Office, St. Michael's Pastoral Centre, Lower Church Road, Sandhurst, Berkshire, GU47 8HN

Banker:

Independent Examiner:

Mrs. Kate Black. 27 School Hill, Little Sandhurst GU47 8LD

Trustees (Parochial Church Council members):

Trustees who have served from 1 January 2025 until the date this report was approved are:

Name Position Notes
John Castle @ Rector and Chairman
James Mason @ Churchwarden First Elected EPCM 04/2025
Vacancy @ Churchwarden
Sue Campbell @ PCC Secretary Elected APCM 2023
John Martin @ Deanery Synod Rep
Vice chairman /laychair		 Elected to DS APCM 2023
Stephanie Martin DeanerySynod Rep Elected to DS APCM 2023
Denise Yeomans DeanerySynod Rep Elected to DS APCM 2024
AbbyColeman Elected APCM 2023
Alun Grafton Elected APCM 2023
Clare Hardy Elected APCM 2024
Karen Allen Elected APCM 2025
Rupert Cremer-Evans Elected APCM 2025
Diana Taylor Elected APCM 2024
Jon Toohey @ Treasurer Elected APCM 2025
Catherine Wilkins Elected APCM 2025
Brendan Watson Elected APCM 2023
Vacancy From APCM 2024
vacancy From APCM 2024

@ by virtue of office # co-opted

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

B Structure, governance and management

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity (charity number 1134547).

PCC members are recruited in several ways. The clergy, churchwardens and the treasurer are members by virtue of their office. Members of the PCC and Deanery Synod Representatives are elected at the Annual Parochial Church Meeting (APCM) and they serve for a three-year term, if someone is unable to finish their term then people are elected at the APCM to fulfil the remainder of the term. The full PCC held 9 regular meetings during the year. The average attendance at all meetings was 75 % percent.

During the year, the PCC met three times by Zoom because of poor weather and accessibility difficulties. The Bishop of Oxford had signed an Instrument previously putting in place arrangements which enable meetings of PCCs to be held electronically, so that decisions taken at these meetings have the same force as if taken at a physical meeting. The PCC then met in person on 6 occasions.

The Rector’s Council consists of the Rector, one churchwarden, there being a vacancy for the second churchwarden, the Vice Chairman of the PCC, the PCC Secretary, and the Treasurer. They have power to transact the business of the PCC between PCC meetings, reporting to the full PCC as appropriate. The Rector’s Council met 11 times by remote means with an average attendance of 84%. Three of the meetings being fully attended.

The Annual Parochial Church Meeting took place on Sunday 27th April 2025. 28 people attended in person. There were 134 people on the church electoral roll. There had been a full revision of the electoral roll before the APCM.

New PCC members are given induction training by the churchwardens or an appropriate member of the PCC or Rector’s Council at PCC meeting shortly after the APCM and as necessary, to enable them to carry out their role effectively.

Major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems or procedures have been established to manage those risks.

C Objectives and activities

The objectives of the PCC are defined by the Parochial Church Council (Powers) Measure 1956 as 'to cooperate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical'. In addition, the PCC is responsible for the maintenance of the Parish Church of St. Michael and All Angels, the Pastoral Centre complex in Lower Church Road, and the churchyard adjacent to the church.

Our formal purpose statement, which was originally developed in 2014, is:

Knowing God for ourselves;

Growing as individuals and as a church;

Showing God’s love in the world.

The purpose statement provides an easy understanding of the purpose of our church and also provides an opportunity for people to develop their relationship with God.

D Achievements and performance

1. Public Benefit

When planning our activities for the year we have considered the Charity Commission’s guidance on public benefit, in particular the supplementary guidance on charities advancement of religion.

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

The Parochial Church Council of St Michael and All Angels, Sandhurst considers that it offers the following benefits to the local community:

  1. The provision of services of public worship and a sacred space for personal prayer and contemplation

  2. Contributing to the community life of Sandhurst by being a focus for the celebration of significant shared moments in the lives of families and individuals, e.g. baptisms, weddings and funerals

  3. Pastoral work and support, including visiting the sick and the bereaved

  4. Teaching of Christianity through sermons, courses and small groups, and providing opportunities for personal self-development

  5. Taking of assemblies in local schools, and providing particular support for St Michael’s Church of England Primary School in the area of governance and in other ways

  6. Providing support to families including those in difficulties through the provision of a family worker.

  7. Providing activities for different demographic groups in the community including senior citizens and toddlers.

  8. Supporting other charities in the UK and overseas, including Sandhurst Counselling Service (three of whose trustees are nominated by the PCC) and promoting awareness of global justice issues (a full listing of supported charities is provided in the financial statement).

  9. Involvement with the local community and Town Council. This includes being an active member of Sandhurst Churches Together.

  10. Maintenance of an open churchyard for the residents of Sandhurst

2. Main features of the year

2025 has been a year in which life at St Michaels has seen a lot of activity with regards to our major refurbishment projects.

Average Sunday morning attendance

2020 2021 2022 2023 2024 2025
First 4 weeks of October, incl
baptisms		 85 137 102 96 91 136
First 4 weeks of October, excl
baptisms		 85 93 85 96 91 136
Usual Sunday attendance* 90 85 88 96 91 113
Electoral Roll at APCM 155 152 149 140 142 134

*(calculated from 12 typical weeks in the year) New ER In 2025 (2024) we conducted 14 baptisms (18), 2 weddings (5) and 20 funerals in church or at the graveside (7), in addition to 8 at the crematorium (1).

Services

Our Sunday services continue in a pattern which we feel caters for many differing tastes in worship style. Each week there is an 8.00am Book of Common Prayer said service, attended on a regular basis by a core group of parishioners. We then hold a 9.30 am communion service on the 1[st] , 2[nd] , 3[rd] and 5[th] Sundays, these services are well supported by our regular organist plus an excellent choir of SATB voices led by a very competent and enthusiastic Director of Music. While the 1[st] , 3[rd] and 5[th] Sunday of each month are quite traditional, the 2[nd] has an informal feel with a live band which is well supported with guitarist, bassist, drummer, flautist and pianist.

The service on a 4[th] Sunday is an intergenerational Church Together service designed to bring all ages in our church together, again with a full band. A lot of work has been done to make this service accessible to all ages It is held in the Pastoral Centre and is attended by parishioners from all age groups and a mix from all our core services. As we explore the Bible and worship together in a variety of different ways the mixing of the generations evidences that we are fulfilling our purpose statement of Knowing, Growing and Showing. On 1[st] and 3[rd] Sundays we hold a Family Service with the church band in full support. This service is primarily aimed at those with younger children and those new to faith who may find the more formal services daunting, We also conduct some baptisms during this service and see larger congregations at such times. During the 9.30am communion service we hold sessions for children. Over the past year the number of children attending the 9.30 service has reduced dramatically. Indeed, the core group of young people attending the sessions are those who are members of our choir. To this end we have paused the Kidz Church sessions for those under 10 years of age and now run a session which accommodates all ages. This works well with our paid Family Worker planning and running the sessions assisted by a team of regular volunteers.

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

The team is always available to split the group if we find we suddenly have a group of younger children attending.

We also provide monthly evening services including traditional Evensong, and host a local Ecumenical Service about 2 or 3 times a year in a circuit of 10 services. An evening memorial service, held twice yearly also offers supports to those recently bereaved and helps outreach to the community for those who do not attend regular services.

Our Rector, Rev. John Castle continues to be assisted by local retired clergy, in particular Rev Jane Kraft who regularly celebrates in the parish, and our associate priest (Rev. John White). Our outreach to families is undertaken and overseen by Sarah Bishop our employed Family Worker. In 2025 Sarah has also been leading the youth work in the parish aided by a team of volunteers.

Youth and Family Work

Sarah Bishop continues to develop the work with families and schools. Her work involves building relationships with parents and children, both within the church community and outside it, to help them integrate faith and church within their busy lives; giving pastoral support to families facing a variety of difficulties and running or assisting with activities and events related to children, young people and parents. Sarah continues to run regular “Bible Bites” sessions for children in years 5 and 6 at St Michael’s C of E Primary School. The sessions are well attended and Sarah is supported by volunteers from the parish to achieve these. During the summer Sarah organised and ran a Holiday Club. This had a space theme and was open to children form church and the wider community. Approximately 25 children attended each of four Monday afternoons and were lead in various activities based on a Bible passage for the day. Each went home having learnt a ‘memory verse’ and taking with them the creations they had made.

During the summer months Sarah also organised a Teddy Bears Picnic to which she invited all families who had brought children to baptism at St Michael’s during the previous year. As part of this Sarah had arranged that every child being baptised at St Michael’s is given a teddy knitted by a member of the parish.

In October Sarah organised the annual Light Party with activities in the hall, a light trail around the churchyard, and ending up with singing and toasted marshmallows round the fire pit on the West lawn. This was very well attended by families from within the church as well as families from the wider community. Sarah was supported through involvement from many different volunteers and groups within St Michael’s. Sarah also supports the Baby and Toddler Time sessions which run on the 2[nd] and 4[th] Thursdays each month during term time. Sarah's plans going forward include a Messy Church event for all, and a repeat of the teddy bears’ picnic for baptism families.

We continue to work with and develop our relationship with the three primary schools in our parish, which includes holding assemblies and hosting services such as Christmas and Harvest, and other events at the church. We have especially close links to St Michael's Church of England Primary School, where a number of church members serve as governors, and the Rector regularly leads assemblies.

Social Events

St. Michael and All Angels church have a dedicated team of volunteers to run social events with the primary aim of building up the community. During 2025 the number of these social events was enhanced by the addition of events aimed at fund raising for our spire, bells and clock repair project.

A plants, preserves & produce stall was held in the spring, with sales going towards the spire fund, and some delicious additions to my larder were purchased at a very reasonable price!

In association with our neighbouring parish of Crowthorne, who are also in our Ecumenical circuit, we presented a production of some of the songs from “Joseph and the Amazing Technicolour Dreamcoat”. This was a very well attended event with huge support from the local community, made possible by the choirs of both churches rehearsing feverishly, under the brilliant supervision of our Choir Director, Karen Phillips. Lead roles were filled by our Churchwarden, James Mason, (complete with technicolour Dreamcoat), and Crowthorne’s own Douglas Brown, with the Rector and other choir members in brilliantly cast supporting roles. There were some very impressive costumes worn by all, especially the Pharaoh, and the singing was of a very high quality!

In August our Rector extended an invitation to the parish to enjoy afternoon tea in the rectory garden. Two dates were offered and each was well attended. Many people on the fringe of parish life attended these events which gave a great opportunity for outreach in an informal manner.

October saw our excellent hand bell-ringers showcase their talents, with the seniors (St. Michael’s Belles) and the juniors ( Blossoming Belles) performing a series of recitals supported by the church choir and a comicinterlude featuring Henry 8[th] . Funds collected went towards our spire and bells project.

Our pre-Advent Fair was held in November at a time when parishioners from our 8.00am, 9.30am and Family service could all attend. We attended the Sandhurst Christmas lights switch on, where a sketch performed by our Rector and others maintained the Christian message of Christmas in an otherwise secular society.

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

In December we repeated the Open House event which was so successful last year, in which some parishioners agreed to decorate their houses for Christmas and open them to visitors. Once again this brought people on the fringe of parish life into contact with others who made them feel welcome and a part of St Michael’s.

We had a fantastic weekend of the Christmas Tree Exhibition , where beautifully decorated Christmas Trees where erected in the church for three days for all the community to witness. This was excellently supported by the local Scouts, Guides, primary schools and other community groups who supplied trees.

In December our choir led the street carol singing which brought the message of Christmas to the streets of Little Sandhurst. This was followed by Pub Carols in Sandhurst where we visited 3 pubs singing carols and collecting on behalf of the Children’s Society.

St Michael's continues to support local, national and international charitable causes; both financially and by raising awareness within its congregation which this year has included having presentations and speakers from some charities.

Over the course of the year, we have worked ecumenically by being an active member of Sandhurst Churches Together. In November this year we worked with Sandhurst Town Council and other churches for the service of Remembrance in the centre of the town.

Community Support

Our Pastoral Centre building has continued to be used as a base for a nursery setting although the business has changed again this year. The new nursery which opened in the centre using Seeby Hall as its home, St Michael’s Nursery and Pre-School, a private venture, took over the hall at the end of 2024. The new owner was using the upper committee rooms as a childminder so is a familiar person to the parish. She is also a member of our family service congregation which gives a family feel to the new set up. As a parish we are supporting this new venture and giving support where we can.

Sandhurst Counselling Service continues to use the centre as its base supported by the PCC after having local council funding completely withdrawn. After much discussion by the PCC it was agreed to continue and actually increase funding in real terms in order to prevent the closure of the service. There are other community groups who use the centre on a regular basis throughout the week.

Improvements

Refurbishments to the Pastoral Centre this year have included painting throughout the ground floor and new curtains in the main hall. The counselling rooms have also been refreshed and extensive noise reduction works were also carried out to reduce disturbance from the nursery, with new carpets installed upstairs, door seals and cavity foam filling, and a partition installed to reduce noise from the kitchen area.

The bells were removed for refurbishment and works begun to enable overhaul and upgrade of the clock which has not been working for some years now. We have decided to install an auto wind system, meaning we can keep time and chime across the parish, maintaining an audible presence in the community.

The installation of scaffolding ready to begin the spire re-shingling is a really visual display of active fundraising and breathes new life into the visual impact of the church on the parish.

Maintenance

Much work has been done to maintain our buildings in addition to the major projects underway; managed excellently by our “Saturday Club” leader John Campbell. Roof repair, gutter clearance, lights and boiler repairs are regularly carried out plus any emergencies which may crop-up.

There was a Churchyard tidy-up to clear the Autumn debris and trim the hedges and a large scale emptying of over 7 cubic metres of twigs and bird mess from the church spire in readiness for the planned works. Following a high-profile news story of a young child killed by a falling gravestone, a complete survey of the church yard was carried out identifying any dangerous memorials and making them safe. Work is now underway to contact the families and restore these memorials to maintain the appearance of our tranquil churchyard, in co-ordination with the very helpful Evie at the DAC.

A new safe access was installed to the main roof valley to allow for better access for clearing leaves and debris which collects there and prevents efficient rain-water shedding. The chimney for the heating system located in the crypt was also recapped and made weatherproof.

These works all contribute to our readiness for the 2026 Quinquennial Inspection, which we are well on our way to achieve an excellent review for with almost all every item identified in the last Quinquennium completed or underway.

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

3. Safeguarding

St. Michael and All Angels PCC recognises and has complied with the duty to have “due regard” to the House of Bishops’ Safeguarding Policy and Practice Guidance and takes safeguarding seriously. Safeguarding is a standing item on all PCC agendas where both the safeguarding officer can provide updates and members have the opportunity to raise questions and concerns. Mrs Jenny Rose continues as our Parish Safeguarding Officer working alongside Claire Clay who does the admin side of the role.

Jenny and Claire keep up to date records of all safeguarding training which is completed during the year within the parish. Sue Campbell as PCC secretary supports this work by encouraging all PCC members to complete training as it becomes necessary. Currently all PCC members are up to date.

The choir has taken new steps to improve safeguarding for our younger members, with two Points of Contact identified within the choir in addition to the choir director for any concerns the young people may have.

E Financial Review

Firstly, a big thank you. Thank you to all who give to St Michael’s – both financially and in time. This is the Treasurers report so does naturally focus on the former but please be assured the latter is appreciated.

We have a general fund whose income is most of your giving and the net rental of the pastoral centre. The general fund is used for parish share expense (that mainly funds our rector), our day to day activities which should include maintaining the fabric of both the church and the pastoral centre. As far as the latter is concerned it was agreed by the PCC some time ago that at least £10-12k per autumn should be placed in a sinking fund as some repairs are both infrequent and large. It is pleasing to report that nearly £10k was placed into the repairs fund in 2025.

We then have other funds, designated and restricted, to support various activities seen as integral for the mission of the church in our community. These are such things as our Family Worker, support of youth, the Choir and the Sandhurst Counselling Service. The income for these coming mostly from both specific giving and our St Mary’s Mission fund.

We in in the process of a significant repair on the spire, bells and clock. The budget having been set at £250k – a large amount of money. Much work has been done to tap into various bodies that support church restoration work through grants. In rough terms, it is hoped that a third will be funded from such bodies, a third from both specific donation appeals and the current Repairs Fund and a third will come from the St Mary’s Mission fund.

As regards reserves: the general reserve target is approximately three months expenditure. The designated and restricted funds are healthy, as reflected in the accounts.

F Volunteers

We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. They are far too numerous to mention by name.

The Trustees' Annual Report is the responsibility of all the Trustees and it was approved in a meeting on the 11 March 2026.

Signed on behalf of the PCC

J Castle J Mason

Rev J. Castle (Chairman)

Mr J. Mason (Churchwarden)

11 March 2026

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Financial Statements for the Year Ended 31 December 2025

Independent Examiner’s Report to the PCC of St. Michael and All Angels, Sandhurst

I report on the Financial Statements of the PCC for the year ended 31 December 2025 which are set out on pages 9 to 18.

Respective responsibilities of the PCC and the examiner

As the members of the PCC and Trustees you are responsible for the preparation of the Financial Statements; you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the PCC and a comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items or disclosures in the Financial Statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Financial Statements to be reached.

K Black

12[th] March 2026

Mrs Kate Black FCA 27 School Hill Little Sandhurst GU47 8LD

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2025

Notes
INCOME
Voluntary income
2(a)
Activities for generating funds
2(b)
Investment income
2(c)
Income from church
2(d)
activities
Other income
2(e)
Total income
EXPENDITURE
Church activities
3(a)
Costs of fundraising
3(b)
Total expenditure
Transfer to fixed assets
Net Expenditure
Net Income/(Expenditure)
Net gains/(losses) on Investments
Transfers between funds
9
Net movement in Funds
Total funds brought forward:
Total funds carried forward:		 General
Funds
£
97,615
50,099
0
9,541
5,045
162,300
152,152
412
152,564
0
152,564
9,736
(9,736)
0
31,698
31,698		 Designated
Funds
£
0
8,573
10,347
0
196
19,116
15,428
0
15,428
0
15,428
3,688
(6,270)
(13,295)
(15,877)
771,769
755,892		 Restricted
Funds
£
97,723
0
3,449
0
0
101,172
140,658
0
140,658
0
140,658
(39,486)
0
23,031
(16,455)
217,271
200,816		 TOTAL
2025
£
195,338
58,672
13,796
9,541
5,241
282,588
308,238
412
308,650
0
308,650
(26,062)
(6,270)
0
(32,332)
1,020,738
988,405		 FUNDS
2024
£
142,114
60,023
16,253
6,445
901
225,736
259,462
53
259,515
0
259,515
(33,779)
26,091
0
(7,689)
1,028,425
1,020,738

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

BALANCE SHEET
as at 31 December 2025
Notes
Fixed Assets
Tangible
5
Investments
6
Current Assets:
Debtors and prepayments
7
Cash at bank and in hand
Liabilities: payable within one year
Creditors
8
Net Current Assets
Total Assets less Current Liabilities
Total Net Assets
FUNDS
General Fund
9.1
Designated fund
9.2
Restricted funds
9.3		 General
Funds
£
0
0
0
7,139
34,789
41,928
(10,230)
31,698
31,698
31,698
31,698
31,698		 Designated
Funds
£
25,103
530,916
556,019
0
199,873
199,873
0
199,873
755,892
755,892
755,892
755,892		 Restricted
Funds
£
119,314
0
119,314
2,109
107,893
110,002
(28,500)
81,502
200,816
200,816
200,815
200,815		 TOTAL
2025
£
144,418
530,916
675,334
9,248
342,552
351,801
(38,730)
313,070
988,405
988,405
31,698
755,892
200,815
988,405		 FUNDS
2024
£
152,561
537,186
689,747
7,485
337,089
344,575
(13,584)
330,990
1,020,738
1,020,738
31,698
771,769
217,271
1,020,738

These Financial Statements were approved by the Parochial Church Council on 11 March 2026 and are signed on its behalf by:

J Castle

J Mason

Rev J Castle Chairman

Mr J Mason Churchwarden

The notes form part of these accounts.

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Notes on the Financial Statements for the Year ended 31 December 2025

1. ACCOUNTING POLICIES

(a) Basis or preparation

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions, together with FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102) effective 1 January 2019).

The financial statements have been prepared under the historical cost convention except for valuation of investment assets, which are shown at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body or, except as noted below, those which are informal gatherings of Church members.

(b) Funds

General Accumulated Fund

The Accumulated Fund represents the funds that are not subject to any legal restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Designated Funds

A designated fund describes an intent for the use of the funds. That intent is not binding on the PCC, though the PCC must be mindful of the intent when considering using the funds for other purposes. It’s the simplest and most flexible way to try and ring fence money for special needs.

The “Renovations and Repairs” Designated Fund, is set up as a contingency fund intended to cover both general and unexpected repair and renovations on the church and buildings.

A “Hardship” Designated Fund was set up in 2011 to provide funds for genuine causes of hardship and is to be used at the PCC’s discretion.

The “St. Mary’s Mission Fund” represents the proceeds of the sales of the former curate's house at 27 Hopeman Close, a gifted property at 4 Holly Cottages and the disposal of land at St Mary’s, together with interest generated from this capital. The PCC agreed to utilise the assets in the fund to create a Mission fund to support the church in fulfilling its mission both in Sandhurst and more widely.

“Designated assets” are assets gifted or bought by the PCC or church groups where the PCC would not wish to sell and use the funds for other purposes.

Restricted Funds

A restricted fund represents donations and other monies raised for specific purposes, less expenditure in respect of these purposes.

The “Youth Worker Fund” w as a fund setup to receive donations to pay for a youth worker.

The “Family Worker Fund” was set up to receive funds from parishioners and external workers for the post of a Family Worker

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PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Notes on the Financial Statements for the Year ended 31 December 2025 (continued)

The “Pastoral Centre” has been put into a restricted fund. When the Pastoral Centre was originally built, donations were paid into a restricted fund and the PCC consider that the building should remain restricted.

“Restricted Assets”. These are assets gifted to the PCC where the donor would not wish for the asset to be sold or they are assets purchased from restricted donations.

The “Choir Fund” is a restricted fund representing funds raised by this active group, less their expenditure.

“Repairs and Renovations” . A restricted fund has been set up to receive donations specifically for the maintenance and renovation of the church and buildings.

“WinSpire Fund” has been set up to accept donations towards the repairs of the church spire, the stained glass windows in the church and the bells.

(c) Recognition of Income

Income is included in the Statement of Financial Activities (SOFA) when:

Grants and donations

Grants and donations are included in the SOFA when any pre-conditions preventing their use by the PCC have been met. For collections and planned giving this is when the funds are received.

Gifts in kind

Gifts in kind for the PCC’s own use are included in the SOFA as incoming resources at their fair value when receivable, and expensed as and when consumed in use. Gifts of fixed assets, if material, are included in the balance sheet at their fair value and expensed over the asset’s useful economic life.

Gift Aid Tax claims

Gift Aid and other tax claims are included in the SOFA at the same time as the cash donations to which they relate.

Activities for generating funds

Rental and other income from the letting or other use of church premises is recognised when the income becomes due.

Funds raised by social and similar events are accounted for gross of expenses.

Investment income

Interest is received gross and is accounted for when receivable.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

12

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

Notes on the Financial Statements for the Year ended 31 December 2025 (continued)

(d) Expenditure and Liabilities

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiable.

Charitable giving

It is the policy of the PCC that at least 10% of the income from regular giving, collections and related recoveries of income tax should be used for missionary and charitable giving. At the year-end amounts are accrued to comply with this policy.

Church activities

The Diocesan Parish Share that is expended is an amount calculated in accordance with the Diocesan share scheme approved by the Diocesan Synod in November 2012.

Operating lease commitments

Rentals paid under operating leases are charged to the SOFA as incurred.

Pensions

The PCC operates a defined contribution plan through NEST for the benefit of its employees and to comply with the auto-enrolment obligations. Contributions are expensed as they become payable.

(e) Tangible Assets

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2)(c) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2002 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2002 will be capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight-line basis. All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of movable church furnishings acquired before 1 January 2002 is written off.

Freehold Properties

Freehold properties are depreciated on a straight line basis over their expected life of 50 years.

Other fixtures, fittings and equipment

Provision for the depreciation of fixtures, fittings and equipment held for use by the PCC is made at the following annual rates calculated to spread the cost (less anticipated residual disposal value) of each asset over its expected useful life:

Office and other equipment - straight line basis over three to five years

Where an asset has a high residual value the PCC considers the need for these assets to be depreciated is removed. Each year these assets will be reviewed for impairment.

Items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments

Investments are valued at market value at the year end.

13

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

General
Designated
Funds
Funds
£
£
2. INCOME
(a) Voluntary income
Regular giving
69,576
Income tax recoverable
19,976
Collections at all services
4,473
Grants (see note 2f)
3,590
Donations
97,615
0
(b) Activities for generating funds
Fund raising events
4,044
Pastoral Centre lettings
46,055
SCS room hire
8,573
50,099
8,573
(c) Investment income
Interest
10,347
0
10,347
(d) Income from church activities
Fees
9,541
9,541
0
(e) Other income
Other receipts
5,045
196
Legacies
5,045
196
Total income
162,300
19,116
(f) Grants received in the year:
Groundworks for Pastoral Centre windows
Benefact Trust for Spire
Listed Places of Worship for VAT
From ODBF towards full time family worker
From Sandhurst Council for the upkeep of the Church yard		 Restricted
Funds
£
3,082
894
0
59,065
34,682
97,723
0
3,449
3,449
0
0
101,172		 TOTAL FUNDS
2025
2024
£
£
72,658
75,933
20,870
19,041
4,473
7,522
62,655
7,590
34,682
32,027
195,338
142,113
4,044
7,629
46,055
40,453
8,573
11,941
58,672
60,023
13,796
16,253
13,796
16,253
9,541
6,445
9,541
6,445
5,241
901
0
0
5,241
901
282,588
225,735
£
£
43,631
0
8,800
0
5,045
0
1,589
4,000
3,590
3,590
62,655
7,590		 TOTAL FUNDS
2025
2024
£
£
72,658
75,933
20,870
19,041
4,473
7,522
62,655
7,590
34,682
32,027
195,338
142,113
4,044
7,629
46,055
40,453
8,573
11,941
58,672
60,023
13,796
16,253
13,796
16,253
9,541
6,445
9,541
6,445
5,241
901
0
0
5,241
901
282,588
225,735
£
£
43,631
0
8,800
0
5,045
0
1,589
4,000
3,590
3,590
62,655
7,590
142,113
7,629
40,453
11,941
60,023
16,253
16,253
6,445
6,445
901
0
901
225,735
£
0
0
0
4,000
3,590
7,590

14

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

General
Funds
£
3. EXPENDITURE
(a) Church activities
Charitable grants (note 4)
9,843
Diocesan parish share
76,777
People costs
20,999
Churchyard upkeep (mainly people
3,590
Musicians fees
Gas & Electricity
15,406
Cleaning
5,748
Insurance
4,695
Depreciation
0
Bank charges
186
Repairs and maintenance
1,728
Office equipment
2,335
Telecom/post
1,879
Stationary
1,521
Security
1,445
WinSpire
0
Other
6,000
152,152
(b) Fund-raising costs
Social events
412
412
Total expenditure
152,564
4. CHARITABLE GRANTS
General
Funds
£
Church Mission Society
1,371
Tear fund
1,371
Release International
1,371
Reaching Rwanda
1,371
Compassion
1,371
Sandhurst Day Centre
1,371
SCS - Sandhurst Counselling Serv
1,371
St Michael's hardship fund
196
Sandhurst Youth
0
Berkshire Church Trust
50
Restricted collections
0
9,843		 Designated
Funds
£
14,560
868
15,428
0
15,428
Designated
Funds
£
13,360
1,200
14,560		 Restricted
Funds
£
0
23,349
7,174
7,276
43,847
57,750
1,262
140,658
0
140,658
Restricted
Funds
£
0		 TOTAL FUNDS
2025
2024
£
£
24,403
57,523
76,777
74,806
44,348
40,662
3,590
3,590
7,174
8,172
15,406
17,320
5,748
4,563
4,695
4,700
8,144
8,144
186
241
45,575
4,482
2,335
1,262
1,879
1,766
1,521
1,004
1,445
2,107
57,750
22,977
7,262
6,143
308,238
259,462
412
53
412
53
308,650
259,515
Total
Total
2025
2024
£
£
1,371
1,371
1,371
1,371
1,371
1,371
1,371
16,371
1,371
1,371
1,371
1,371
14,731
13,312
1,396
496
0
17,000
50
0
0
3,489
24,403
57,523

15

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

5. TANGIBLE ASSETS

Gross Book Value
- at 1 January 2025
- additions
- disposals
- at 31 December 2025
Accumulated Depreciation
- at 1 January 2025
- charge for the year
- disposals
- at 31 December 2025
Net Book Value
- at 1 January 2025
- at 31 December 2025		 Fixtures
Freehold
fittings and
land and
Total
equipment
buildings
£
£
£
62,301
271,975
334,276
62,301
271,975
334,276
30,589
151,125
181,714
2,704
5,440
8,144
33,293
156,565
189,858
31,711
120,850
152,561
29,007
115,411
144,418

Properties held for the use of the PCC are recorded at cost, and no consideration has been taken of their current market values.

6. INVESTMENTS

Market value at 1 January 2024
Transfer
Valuation loss
Market Value at 31 December 2024		 Designated
Funds
496,761
40,425
(6,270)
530,916		 Restricted
Total
Funds
Funds
40,425
537,186
(40,425)
(6,270)
0
530,916

Investments comprised units in the CCLA Church of England Investment Fund.

The original cost of these units was £455.000. There have been no disposals.The transfer from restricted to designated reflects the short term nature of the restricted funds now that WinSpire is being spent.

7. DEBTORS

7. DEBTORS
Inland Revenue - tax claims
Other debtors
8. LIABILITIES PAYABLE WITHIN ONE YEAR
Charitable giving
Social security and other taxes
Other creditors		 2025
2024
£
£
6,905
4,595
2,344
2,890
9,248
7,485
2025
2024
£
£
4,566
5,040
574
28
33,590
8,516
38,730
13,584

16

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

9. MOVEMENTS IN FUNDS
General Funds
9.1 Accumulated Fund
9.2 Designated Funds
St Mary's Mission
Repairs and renovations
Hardship
Designated assets
Sandhurst Counselling Service
Total
9.3 Restricted Funds
Youth Worker
Family Worker
Choir
Bellringers
Handbells
Repairs and renovations
WinSpire
Restricted assets
Pastoral centre
Baby & Toddler
Foodshare
Restricted collections
Total
The St Mary's fund has been used as
Opening balance
Interest
Investment Valuation
Land disposal surplus
Reaching Rwanda
Youth support
Family worker
Choir *
Sandhurst Counselling Service
General fund
Closing balance		 2024
Balance b/f
£
31,698
716,130
26,848
2,820
25,971
0
771,769
4,440
0
733
399
(0)
84,638
5,741
120,849
328
50
93
217,271
follows;
Prior years
(8,519)
(13,412)		 Income
£
9,736
10,347
196
8,573
19,116
3,976
6,451
308
530
530
44,887
44,268
223
101,172
2022
£
496,144
(11,035)
238,893
(4,945)
(8,719)
(16,173)
694,165		 Expenditure
£
(1,200)
(868)
(13,360)
(15,428)
(23,349)
(7,174)
(500)
(530)
(43,847)
(57,750)
(1,836)
(5,440)
(233)
(140,658)
2023
£
694,166
11,666
46,332
(11,959)
(8,548)
(6,156)
725,501		 Revaluation
£
(6,270)
(6,270)
0
2024
725,501
12,383
24,027
(15,000)
(17,000)
(13,781)
716,130		 2025
Transfer
Balance c/f
£
(9,736)
31,698
(27,818)
692,389
9,736
36,584
1,816
25,103
4,787
0
(13,295)
755,892
8,416
16,898
0
6,133
(0)
429
0
1,040
71,156
3,905
115,409
328
50
83
23,031
200,816
2025
All years
716,130
10,347
(6,270)
(15,000)
(33,904)
(16,898)
(56,465)
(6,133)
(6,133)
(4,787)
(4,787)
(35,741)
692,389

17

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL AND ALL ANGELS, SANDHURST

10. ANNUAL OPERATING LEASE COMMITMENTS

Plant and machinery
Expiring:
Between one and five years		 2025
2024
£
£
563
563

11. EMPLOYEES REMUNERATION

11. EMPLOYEES REMUNERATION
2025 2024
£ £
Wages and salaries (including NI and pension) 53,893 54,627
Average number of employees 3 3

£8,026 of wages and salaries were recharged to the Sandhurst Counselling Services in 2025 (£12,545 in 2024)

12. PCC MEMBERS REMUNERATION AND EXPENSES

No remuneration or expenses was paid to any person on the PCC or any person connected with members of the PCC.

14. CAPITAL AND FINANCIAL COMMITMENTS

The PCC are committed to a repairing the spire, bells and clock. The total cost is estimated to be £250.000 and the work will be completed in 2026.

18