The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
Report and Accounts
Year ended 31 December 2025
| Contents | Page |
|---|---|
| Charity information…............................................................................ | 2 |
| Trustees’ Annual Report…..................................................................... | 3-6 |
| Independent Examiner’s Report…......................................................... | 7 |
| Statement of Financial Activities…........................................................ | 8 |
| Balance Sheet…..................................................................................... | 9 |
| Cash Flow Statement….......................................................................... | 10 |
| Notes to the Accounts…........................................................................ | 11-20 |
| Detailed Statement of Financial Activities with Comparatives….......... | 21 |
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
CHARITY INFORMATION For the Year Ended 31 December 2025
Trustees:
Revd Calum Zuckert, Barnes Team Rector and Vicar (Chair) (appointed on 3 March 2025) Revd James Marston (Associate Priest)
Mr Peter Boyling (Vice Chair and Churchwarden) (resigned on 15 May 2025) Mr Peter Siddall (Vice Chair and Churchwarden) (appointed on 15 May 2025) Ms Patricia Hawkins (appointed as Churchwarden on 15 May 2025) Ms Fawkia Heller (Assistant Churchwarden until 15 May 2025) Mr Paul Teverson (Assistant Churchwarden until 15 May 2025) Mr Michael Ross-McCall (Treasurer) Mr Peter Allen (appointed on 15 May 2025) Mr William Heller Mr Geoffrey Barnett (resigned on 15 May 2025) Mr Christopher Hine (appointed 15 May 2025) Mrs Margaret Barrie (appointed 15 May 2025) Ms Elisabeth Munden Mr Richard Chalker Mr Richard Nickels Dr Helen Faride (resigned on 15 May 2025) Ms Catherine Roe Ms Caroline Georgiadis Mr Philip Smith Mr Mark Glasgow Lady Deborah Stewartby
Clerk to the Trustees:
Ms Helen Gibbs
Key Management Personnel:
Revd Calum Zuckert Ms Patricia Hawkins Revd James Marston Ms Fawkia Heller Mr Peter Boyling Mr Michael Ross-McCall Ms Helen Gibbs Mr Peter Siddall Ms Cheryl Cole, Parish Administrator Mr Paul Teverson
Governing Document:
Parochial Church Councils (Powers) Measure 1956 (as amended) and the Church Representation Rules
Charity Registration No.: Independent Examiner: 1134840 Nick Spear ACCA Stewardship Principal Address: 1 Lamb’s Passage Church Road London London EC1Y 8AB SW13 9HL
Bankers:
CAF Bank Ltd National Westminster Bank 25 Kings Hill Avenue, Kings Hill 111-117 Putney High Street West Malling London Kent SW15 2LL ME19 4JQ
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL For the Year Ended 31 December 2025
The Members of the Parochial Church Council (the 'PCC'), who are the charity's trustees for the purposes of charity law, have pleasure in presenting the report and accounts for the year.
Objects of the charity
The charity is responsible for co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church be it pastoral, evangelistic, social or ecumenical. The PCC is also responsible for the maintenance of the church of St Mary’s, Barnes and the church hall, Kitson Hall, in Kitson Road, Barnes.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
2025 has been a busy year for St Mary's, Barnes, and we have seen an increase in engagement across the community, and especially at our services. We continue to pursue our work as a worshipping community, a space for the local community to gather, and a place where life events are marked.
In March, The Rev'd Calum Zuckert took up the post of Rector, and this service was well attended by the community and local supporters. Since then, the church has engaged in a review of worship, leading to some minor changes across our services. We have seen a marked uptick in attendance at our main Sunday service and particularly at key religious festivals.
Over the final quarter of the year, we conducted a Mission Action Plan listening exercise, with a new MAP published early next year. This work to determine our church vision has coalesced around a desire to grow younger, steward our resources well, increase our community engagement, and widen our musical offering.
We continue to support local charities and - alongside the Friends of St Mary's - promote a wide variety of events for the community. This year has been a successful year of growth, and we have seen a renewed energy across our community.
To summarise, the charity successfully accomplished its goals of providing a caring and inclusive religious and community hub for the community of Barnes; and of prudent financial management allied with generous financial support to the Diocese of Southwark and local and national charities selected by the PCC. St Mary's looks forward to implementing the new MAP in the coming years.
In planning the activities the PCC have applied the guidance on public benefit issued by the Charity Commission and other general guidance to parishes issued by the Diocese of Southwark.
Volunteers
Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. The work of volunteers includes stewarding at weekly church services, acting as verger at weddings, funerals and memorials, and planning and marshalling the many Friends and Church community events during the year.
Structure, governance and management
The charity is registered with the Charity Commission and operates under the Charities Act 2011. The governing documents for the charity are the Parochial Church Councils (Powers) Measure 1956 (as amended) and the Church Representation Rules.
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL (continued) For the Year Ended 31 December 2025
Structure, governance and management (continued)
The appointment of PCC members is governed by, and set out in, the Church Representation Rules. The PCC comprises ex-officio members (which includes clergy and churchwardens), elected members and co-opted members. The PCC organise elections annually before the Annual Parochial Church Meeting (APCM) to fill vacancies.
PCC Secretary makes new trustees aware of their legal responsibilities, answers questions and generally assists them to settle in as effective charity trustees. The only paid member of key management is the Parish Administrator whose annual pay for next year is approved by the PCC - annual increments are generally tied to the current rate of inflation and are reflective of hourly rates paid elsewhere in the Diocese.
Responsibility for setting policy and for determining the parameters within which the charity should operate for making operating decisions rests with the PCC who meet regularly to monitor the activities of the charity.
The charity's organisational structure comprises the PCC supported by various subcommittees including the Standing Committee, the Fabric Committee, the Financial Advisory Group and the Friends of St Mary's Barnes Advisory Council. The PCC has delegated responsibility for the day-to-day operation of the charity to a managment team (the Standing Committee) led by the incumbent comprising both churchwardens, Parish Administrator, PCC Secretary and Treasurer. All expenditure is approved by a PCC member and two PCC members are required to release payments. The PCC approves the annual budget including capital expenditure - any unplanned spend exceeding £2,000 is referred to the PCC for specific approval.
Public benefit statement
In planning the activities the PCC have complied with the duty to have regard to the UK Charity Commission’s public benefit guidance.
To further its charitable purposes for the public benefit, and in furtherance of its charitable objectives, St Mary’s provides financial support to a number of charities through church and Friends’ fundraising events, complementing support through volunteering and prayer. The core charities are Fish Neighbourhood Care, Castelnau Community Centre, Glass Door Homeless Charity, Age UK Richmond Barnes Green Centre, Welcare, Home Start Richmond, Under Tree Schools, Christian Aid, Crisis at Christmas and Bishop of Southwark’s Lent Call.
Financial Review
During the year income increased by £6,890 compared to 2024, to £697,814, mainly due to higher donations and appeals, fees and church fundraising events, partly offset by lower receipts from church property, hall charges and Friends community events.
Expenditure increased in the year by £16,258, to £705,815 reflecting higher church and hall running expenses, feerelated expenses and charitable giving, partly offset by lower staff costs and Friends event-related costs.
As a result the deficit for the year before investment gains was £8,000 compared to a surplus in 2024 of £1,367. The charity recorded unrealised investment losses of £3,293 versus gains in 2024 of £26,488. Taking investment losses into account, St Mary's deficit was £11,293 compared to a surplus in 2024 of £27,855.
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL (continued) For the Year Ended 31 December 2025
Financial Review (continued)
The charity's net assets at the year end were £1,343,519 divided into 14 funds, compared to £1,354,813 at 31 December 2024, the decrease of £11,293 comprising the 2025 deficit.
There were no significant events in the year or in the previous year that have affected financial performance and position. The principal sources of funding for the church were offerings, donations, appeals, gift aid recovery and legacies; fees for weddings and funerals; fees for the hire of the church; the net surplus from community events in the church; and dividend and interest income. Other significant sources of income were derived from the surplus on various community events arranged by the Friends of St Mary's together with net rental income from the Kitson Hall nearby.
Investments
The charity's investments comprise direct holdings in four listed funds suitable for charities and are described in Notes 11 and 13 to the Financial Statements. St Mary's investments at the year end aggregated to £748,836 (2024: £752,128).
The charity maintains an investment policy that is annually updated and approved by the PCC. The investment objective for the long-term assets is to generate a return in excess of inflation over the long term (minimum five years) whilst generating an income to support the activities of the Church. The investment objective for the shortterm investments (minimum one year) is to preserve the capital value with a minimum level of risk. Both asset categories are medium risk, are listed and are capable of conversion to cash in one to three months.
The expected minimum annual combined return (dividends and net capital gains) on the total portfolio is 4%. The actual return on the average investments in 2025 was 2.1% (2024: 7.7%).
Fundraising
Fundraising in both 2024 and 2025 partially funded the church's daily operations. It mainly comprised net receipts before donations to local charities from community events in 2025 of £56,647 (2024: £50,982) organised by the Friends of St Mary's - the principal events were the Barnes Music Festival, Barnes BookFest and Barnes Charity Fashion Show. In addition, net income from community events arranged by the church in 2025 aggregated to £31,525 (2024: £19,335) - the main events were the Barnes Fair, Christmas Fair, Charity Bike Sale, music recitals and weekly charity coffee mornings.
Pension liabilities
All staff are enrolled in the National Employment Savings Trust (NEST), a UK government-established not-for-profit, defined contribution workplace pension scheme designed for auto-enrolment. Monthly contributions are paid to NEST by both employees and the charity, whose liability for future pension benefits is limited to its paid contributions.
Reserves policy
The PCC have determined on 16th September 2025 that the charity should aim to hold "cash" (cash, bank, deposits, debtors and investments) on behalf of designated and unrestricted funds of no less than £155,000 comprising certain church income sources and operating expenses and hall repairs, so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted "cash" of £146,594. The policy allows a shortfall of up to 10% to cater to fluctuating asset values and a three year period is permitted to rectify any shortfall exceeding 10%; the shortfall at the year end was 5.4%.
In addition, the charity has resolved to maintain reserves for four restricted funds aggregating to at least £41,000, equating to aggregate minimum reserves of £196,000. At the year end, the charity held total "cash" of £251,155 and accordingly was in compliance with its total Reserves policy.
Going concern
The trustees consider that the charity has sufficient funds to enable it to continue its operations for the foreseeable future.
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL (continued) For the Year Ended 31 December 2025
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The PCC review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
The charity maintains the Risk Management Policy that is annually updated and approved by the PCC. Key issues include the security of income streams, the safeguarding of children and vulnerable adults, and the maintenance of the fabric of the buildings. Key management regularly verifies that the stated risk controls and mitigants are working effectively to minimise exposure to financial and reputational losses.
Other matters
With regard to the PCC’s obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.
The Diocese have assessed the PCC’s contribution to the Parish Support Fund in respect of the incumbent's costs to be £89,300 for the year to 31 December 2025; having reviewed the PCC’s finances, the members of the PCC decided to pay a contribution of £187,272 (2024: £187,272).
The last quinquennial inspection was held in 2025; no significant immediate work is required.
Plans for the future
As stated above, the charity will implement its new Mission Action Plan starting in early 2026 that will include a stewardship appeal and specific appeals for capital spending projects.
Statement of Responsibilities of the Members of the Parochial Church Council
The PCC is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources for the financial year. In preparing these financial statements, the PCC are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The PCC is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They 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.
Approval
This report was approved by the PCC and signed on their behalf by:
THE REV'D CALUM ZUCKERT, TRUSTEE AND CHAIR
Date: APRIL 23, 2026
Page 6
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes (‘the Charity’)
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2025 on pages 8 to 21 following, which have been prepared on the basis of the accounting policies set out on pages 11 to 13.
Responsibilities and basis of report
As the charity’s trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning 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 an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
NICK SPEAR ACCA Date: APRIL 23, 2026
Association of Chartered Certified Accountants
Stewardship 1 Lamb’s Passage LONDON EC1Y 8AB
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2025
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Other income Total income and endowments EXPENDITURE ON: Charitable activities 7 Raising funds 8 Total expenditure Net gains/(losses) on investments 11,13 Net income/(expenditure) Gross transfers between funds - in Gross transfers between funds - out Net movement in funds Reconciliation of funds: Total funds brought forward 18 Total funds carried forward 18 |
Unrestricted funds £ 212,098 130,983 55,165 19,085 50 417,381 437,782 24,820 462,602 (1,886) (47,107) 26,114 (25,805) (46,798) 230,502 183,702 |
£ 32,266 - 248,168 - - 280,435 55,102 188,111 243,213 - 37,221 10,000 (10,309) 36,912 30,579 67,491 Restricted funds |
£ - - - - - - - - - (1,406) (1,406) - - (1,406) 1,093,732 1,092,326 Endowment funds |
Total funds 2025 £ 244,363 130,983 303,334 19,085 50 697,814 492,884 212,931 705,815 (3,293) (11,293) 36,114 (36,114) (11,293) 1,354,813 1,343,519 |
Total funds 2024 £ 222,819 135,288 302,809 30,009 - |
|---|---|---|---|---|---|
| 690,925 | |||||
| 459,338 230,219 |
|||||
| 689,557 | |||||
| 26,488 | |||||
| 27,855 73,385 (73,385) |
|||||
| 27,855 1,326,958 |
|||||
| 1,354,813 |
Note: Unrestricted includes designated (unrestricted) funds.
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The notes on pages 11 to 20 form part of these accounts.
Page 8
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
BALANCE SHEET As at 31 December 2025
| Note FIXED ASSETS Tangible assets 10 Investments 11 CURRENT ASSETS Debtors 12 Investments 13 Cash at bank and in hand 14 15,16 Net current assets / (liabilities) TOTAL NET ASSETS FUND BALANCES Unrestricted Funds General funds 18 Designated funds 18 Restricted Funds 18 Endowment Funds 18 TOTAL FUNDS Note: Unrestricted includes designated (unrestricted) funds. CREDITORS: Amounts falling due within one year |
£ 66,315 21,644 87,959 41,122 15,432 68,396 124,950 29,206 95,744 183,702 128,636 55,066 183,702 - - 183,702 Unrestricted funds |
£ - - - - 79,433 25,128 104,561 37,070 67,491 67,491 - - - 67,491 - 67,491 Restricted funds |
£ 460,000 632,327 1,092,327 - - - - - - 1,092,326 - - - - 1,092,326 1,092,326 Endowment funds |
Total funds 2025 £ 526,315 653,971 1,180,285 41,122 94,865 93,523 229,510 66,276 163,234 1,343,519 128,636 55,066 183,702 67,491 1,092,326 1,343,519 |
Total funds 2024 £ 530,994 655,377 |
|---|---|---|---|---|---|
| 1,186,371 | |||||
| 35,695 96,751 88,738 |
|||||
| 221,184 52,742 |
|||||
| 168,442 | |||||
| 1,354,813 | |||||
| 156,464 74,037 |
|||||
| 230,502 30,578 1,093,732 |
|||||
| 1,354,813 | |||||
The financial statements were approved by the Board of Trustees on April 23, 2026 and were signed on its behalf by: Charity No. 1134840
THE REV'D CALUM ZUCKERT, TRUSTEE AND CHAIR
MICHAEL ROSS-MCCALL, TRUSTEE AND TREASURER
The notes on pages 11 to 20 form part of these accounts.
Page 9
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
CASH FLOW STATEMENT
For the year ended 31 December 2025
| Note Cash flows from operating activities: Net cash provided by (used in) operating activities a Cash flows from investing activities: Dividends, interest and rents from investments Proceeds from the sale of property, plant and equipment Purchase of property, plant and equipment Proceeds from sale of investments Purchase of investments Net cash provided by/(used in) investing activities b b Analysis of changes in net debt: At start of Non-cash year movements £ £ Cash 88,738 - Bank loans: Falling due within one year - - Falling due after one year - - Finance lease obligations: Falling due within one year - - Falling due after one year - - Total net funds / (debt) 88,738 - Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities Adjustments for: Depreciation charges and provisions for impairment New shares in lieu of cash dividends (Gains)/losses on investments Dividends, interest and rents from investments Loss/(profit) on the sale of fixed assets (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by (used in) operating activities Note b: Analysis of cash and cash equivalents Cash at bank with immediate access Notice deposits (with a term of three months or less) Petty cash Total cash and cash equivalents Change in cash and equivalents in the reporting period Cash and equivalents at the beginning of the year Cash and cash equivalents at the end of the year Net income/(expenditure) for the reporting period (as per the statement of financial activities) |
2025 £ (895) 19,085 (50) (13,354) - - 5,680 4,785 88,738 93,524 Cash-flows £ 4,785 - - - - 4,785 2025 £ (11,293) 18,033 - 3,293 (19,085) 50 (5,427) 13,534 (895) 2025 £ 38,852 54,658 13 93,524 |
2024 £ (47,668) |
|---|---|---|
| 30,009 - (18,980) - - |
||
| 11,028 | ||
| (36,640) 125,377 |
||
| 88,738 | ||
| At end of year £ 93,524 - - - - |
||
| 93,524 | ||
| 2024 £ 27,855 15,224 (3,653) (26,488) (30,009) - 1,518 (32,116) |
||
| (47,668) | ||
| 2024 £ 9,802 78,898 39 |
||
| 88,738 |
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2025
1 Statutory information
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention [as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities]. The financial statements include all activities for which the PCC is legally responsible.
These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.
The principles adopted in the preparation of the financial statements are set out below.
- a) Going concern
The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
b) Income
Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations and legacies includes:
i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
ii) Donated facilities, services and goods. The charity relies on volunteers to carry out many of its activities, particularly fund raising events. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from baptisms/ weddings/ funerals, church lettings and church hall lettings.
Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income from church events, Association of Friends events and merchandise sales.
Investment income represents income generated by the charity's assets and includes income from its investment portfolio and bank interest.
The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ended 31 December 2025
2 Accounting Policies (continued) c) Expenditure Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Contributions in respect of the diocesan Parish Support Fund are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year. Any contributions that have not been paid over by the year end are included as a creditor.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
The Charities SORP requires charities with income over £500,000 to allocate costs to the various activities undertaken by the charity. The nature of the work of the church is considered to be so integrated that the core charitable activity costs are considered to be for the one activity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments. e) Tangible Fixed Assets Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred. Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £250 and the item is expected to benefit the charity over three accounting periods or more. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged: Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 10 years The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable. f) Investments Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are investments that are held specifically for sale as an alternative to a bank deposit or are investments that the charity expects to sell by the next balance sheet date. Investments, other than social investments (see below), are valued as follows:
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £250 and the item is expected to benefit the charity over three accounting periods or more. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
i) Investment property and listed investments are valued at their market value (fair value) at the balance sheet date. ii) Unlisted investments are measured at cost less impairment where it becomes apparent that the amount that could be realised is less than cost.
Impairment gains and losses and gains and losses arising on the disposal of investment assets are included in the Statement of Financial Activities under the heading "Net gains / (losses) on investments".
g) Taxation The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. h) Pension Scheme Arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
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The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
2 Accounting Policies (continued)
- i) Financial instruments
The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
j) Foreign currency translation
These financial statements are presented in sterling, which is the charity's functional currency.
i) Income and expenditure denominated in a foreign currency is translated into sterling at the exchange rate prevailing on the date of the transaction.
ii) Monetary assets and liabilities denominated in a foreign currency are re-translated at the exchange rate prevailing at the balance sheet date.
iii) Non-monetary assets are measured at historic cost at the rate of exchange prevailing on the date of the transaction and are not subsequently re-translated.
All differences arising from the application of the above policy are charged (or credited) to the Statement of Financial Activities.
k) Critical accounting estimates and areas of judgement
The members of the PCC do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
| 3 Donations and legacies Donations of cash and similar Income tax recoverable Legacies receivable |
2025 £ 200,040 40,323 4,000 244,363 |
2024 £ 185,088 37,730 0 |
|---|---|---|
| 222,819 |
Note: in 2024, gift aid recoverable of £12,247 (2024: £10,349) relating to Friends and other events has been classified at note 5 as Income from other trading activities.
| 4 Income from charitable activities Church hall lettings Fees for Baptisms, Weddings, Funerals, Memorials and Interments Hire of the Church Garden of Remembrance Inscriptions Listed Places of Worship Scheme Flowers for Weddings and Funerals 5 Income from other trading activities Friends fundraising events Other fundraising events Merchandise sales 6 Investment income Dividends and interest receivable Bank and Building Society Interest Other |
76,228 32,448 14,193 6,080 1,105 929 130,983 241,023 58,480 3,831 303,334 17,363 863 858 19,085 |
98,058 18,155 17,285 360 0 1,430 |
|---|---|---|
| 135,288 | ||
| 254,650 45,651 2,509 |
||
| 302,809 | ||
| 16,769 1,081 12,159 |
||
| 30,009 |
Page 13
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
| 7 Charitable expenditure a Costs incurred directly on specific activities Ministry expenses: Parish Support Fund Ministry staff employment costs Other ministry expenses Upkeep of services Clergy expenses Property expenses: Operational costs for church hall Operational costs for church Major repairs to church Upkeep of churchyard Major repairs to church hall Grants payable (note 7c) b Costs incurred on support and administration Governance costs: Independent examiner's fee Administrative staff employment costs Church office costs Other expenses Depreciation - Equipment Bank charges |
2025 £ 187,272 47,483 25,960 39,301 6,263 306,280 33,522 30,358 6,294 4,310 0 74,484 27,645 408,409 2,100 2,100 50,853 12,661 393 18,033 435 84,475 |
2024 £ 187,272 59,332 10,197 18,040 3,167 |
|---|---|---|
| 278,008 | ||
| 29,799 32,431 6,459 6,140 1,350 |
||
| 76,179 | ||
| 28,320 | ||
| 382,507 | ||
| 2,160 | ||
| 2,160 51,401 7,572 301 15,224 173 |
||
| 76,831 |
Note: The fee payable to the independent examiner for examining the accounts was £2,160 (2024: £2,100); no other services were provided by Stewardship.
| Total expenditure c Grants payable Grants for UK and overseas mission Grants for the relief of poverty Grants for education, including ministry training |
Institutions £ 15,409 6,848 5,388 27,645 |
492,884 Individuals £ - - - - |
459,338 |
|---|---|---|---|
| 2025 £ 15,409 6,848 5,388 |
|||
| 27,645 |
Page 14
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
-
7 Charitable expenditure (continued)
-
c Grants payable (continued)
The comparatives for the previous year are as follows:
| Grants for UK and overseas mission Grants for the relief of poverty Grants for education, including ministry training The charity's principal grants to institutions comprised: FiSH Neighbourhood Care Home Start, Richmond Age UK Richmond upon Thames Castelnau Community Centre Barnes Common Ltd St Luke's Healthcare For The Clergy Under Tree Schools Royal British Legion Welcare, Richmond Glass Door Homeless Charity Activity Station Crisis at Christmas Cancer Research UK (Bowel Babe Fund) Barnes Food Bank Stormbreak Grants to institutions for less than £1,000 each 8 Raising funds Friends events Other fundraising events (see note) Merchandise sales |
Institutions £ 13,034 9,048 6,158 28,240 |
Individuals £ - 80 - 80 2025 £ 2,952 2,700 2,520 2,520 2,500 2,500 1,762 1,644 1,429 1,400 1,250 506 0 0 0 3,962 27,645 184,375 26,955 1,601 212,931 |
2024 £ 13,034 9,128 6,158 |
|---|---|---|---|
| 28,320 | |||
| 2024 £ 1,500 3,125 2,800 2,800 0 0 2,595 309 1,500 2,000 0 1,432 3,125 2,800 2,400 1,934 |
|||
| 28,320 | |||
| 203,668 26,316 235 |
|||
| 230,219 |
Note: Charities are invited to hold coffee mornings on Saturdays in the church to raise funds to support their activities. St Mary's records all income received and pays the total receipts less a charge of £20 (2024: £15) to the charity. The total payments in 2025 were £12,638 (2024: £11,391).
9 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses
| expenses | ||
|---|---|---|
| Gross wages and salaries Credit for overpaid historic balance Social security Pension costs |
2025 £ 79,505 (7,200) 1,012 2,069 75,386 |
2024 £ 78,543 5,660 2,160 |
| 86,363 |
There were no other employment benefits (2024 £nil). The average monthly number of employees during the year was 5 (2024: 5). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
The charity's key management comprise the members of the PCC and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:
| Other Employer Wages & employment pension salaries benefits contributions Members of the PCC - - - Key management connected to members of the PCC - - - Other members of key management 28,406 - 811 |
2025 £ - - 29,217 |
|---|---|
| 29,217 |
Page 15
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
9 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses (continued)
The following amounts were payable in the previous year:
| The following amounts were payable in the previous year: (continued) |
|
|---|---|
| Other Employer Wages & employment pension salaries benefits contributions Members of the PCC - - - Key management connected to members of the PCC - - - Other members of key management 28,542 - 857 |
2024 £ - - 29,399 |
| 29,399 |
Revd Calum Zuckert (incumbent from 3 March 2025) and Revd James Marston (Associate Priest) are clergy members of the PCC, receive a stipend from the Diocese and so they are not PCC employees. Some of the Parish Support Fund paid to the Diocese is used to meet the costs of the incumbent's stipend, pension, training and housing. The cost of stipend paid to the Associate Priest is paid separately to the Diocese and shared equally with another local parish. The cost of accommodation (which is customary for clergy) to the PCC is disclosed in note 7 'Charitable Expenditure'. The charity also reimbursed expenses to both clergy which are also disclosed in note 7 'Charitable Expenditure' under the heading 'Clergy expenses'.
| 10 Tangible assets 10.1 Property - Kitson Hall |
2025 £ 460,000 460,000 |
2024 £ 460,000 |
|---|---|---|
| 460,000 |
Kitson Hall is valued at cost. The Trustees believe that the market value exceeds the carrying value, hence no amortisation charge is taken.
10.2 Fixtures, furniture & equipment
| At 1 January Additions Charge for the year Disposals Eliminated on disposal At 31 December Net book value: At 31 December 2025 At 31 December 2024 |
20 | Accumulated depreciation 17,384 18,033 - 35,417 25 |
202 | 4 |
|---|---|---|---|---|
| Cost 88,378 13,354 - 101,732 66,315 70,994 |
Cost 69,398 18,980 - 88,378 |
Accumulated depreciation |
||
| 2,160 15,224 - |
||||
| 17,384 | ||||
During 2022, the Trustees changed the previous accounting policy of expensing all expenditure on furniture and equipment to a policy of capitalising asset purchases with a cost exceeding £250 and a useful life of 3 years and above.
- 11 Fixed asset investments
| Fixed asset investments | ||
|---|---|---|
| Fair value brought forward Purchases during the year New shares in lieu of cash dividends Disposals during the year (net proceeds) Profit / (loss) on sale Change in value of investments held at year end Fair value carried forward |
655,377 0 0 0 0 (1,406) 653,971 |
629,920 0 3,653 0 0 21,805 |
| 655,377 |
The Endowment - Ministry Capital fund was established from the net proceeds of sale of a surplus property in 2021 and were invested in the CCLA COIF Charity Investment Fund (Income units). During 2022, 50% of the Income units were sold and the net proceeds used to purchase CCLA CBF CofE Investment Fund Income Shares and Newton Growth and Income for Charities Income Shares in order to further diversify the portfolio. The units and shares are listed, stated at valuation and capable of liquidation within 30 days.
All dividends and interest earned from the Endowment - Ministry Capital fund's investments were transferred to a designated fund (Ministry Income) which paid the costs of the associate priest. No capital transfer between these funds was made in 2025 (2024: £nil).
Page 16
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
| 2025 £ 12 Debtors Falling due within one year: Tax recoverable 18,981 Other debtors 11,246 Trade debtors 6,348 Prepayments and accrued income 4,547 41,122 13 Current asset investments Fair value brought forward 96,751 Purchases during the year - Disposals during the year - Change in value of investments (1,886) Fair value carried forward 94,865 14 Cash at bank and in hand Notice deposits (with a term of three months or less) 54,658 Cash at bank with immediate access 38,852 Petty cash 13 93,523 15 Creditors: liabilities falling due within one year Deferred income 42,986 Other creditors 17,312 Accruals 3,774 Taxation and Social Security 2,204 66,276 16 Deferred income Deferred income comprises the following: 36,760 (36,760) 42,986 42,986 The income deferred at the period end will be released to income over the following periods: Within one year 42,986 Balance at the beginning of the reporting period Amount released to income Surplus funds were invested since 2016 in the CCLA COIF Charity Investment Fund (Growth units). The units and shares a at valuation and capable of liquidation within 30 days. Amount deferred in year Balance at the end of the reporting period |
2024 £ 9,326 17,653 1,701 7,015 |
|---|---|
| 35,695 | |
| 92,068 - - 4,683 |
|
| 96,751 | |
| 78,898 9,802 39 re listed, stated |
|
| 88,738 | |
| 36,760 6,242 5,526 4,214 |
|
| 52,742 | |
| 52,898 (52,898) 36,760 |
|
| 36,760 | |
| 36,760 |
Deferred income comprised church hall income received for fees due in the following year and for receipts of ticket sales for Friends' events taking place in the next year.
17 Pension commitments
During the year employer’s pension contributions in respect of the incumbent and associate priest were paid by the Diocese of Southwark to the Church of England Pensions Board and reimbursed by the charity through the Parish Support Fund and supplementary payments.
Employer’s pension contributions in respect of the staff totalling £2,144 (2024: £2,160) were paid to the National Employment Savings Trust (NEST).
`
Page 17
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
18 Funds
Designated and unrestricted funds comprise funds which have been designated by the trustees for the support of the church's activities.
Restricted funds comprise balances held by the charity on behalf of specific groups within the church who seek to make a surplus from their activities and donations, then may decide to pay for church expenditures like the Association of Friends or else spend their surplus as they choose.
Endowment funds comprise the net gain from the sale of a property in 2021 and investment gains/(losses); in accordance with the reserves policy, part of the endowment funds is not required to be retained for the long-term and accordingly is available to assist with financing large capital projects and to underwrite the costs of the childrens' church and associate priest.
During the year the movements in the charity's funds were as follows:
| Designated funds | 2025 £ 2,703 (0) 35,000 22,707 13,628 74,037 156,464 230,502 0 13,838 10,958 5,783 0 0 30,579 633,732 460,000 1,093,732 1,354,813 Opening balance |
2025 £ 1,261 76,278 0 0 17,363 94,900 322,479 417,380 608 0 242,917 10,270 26,277 362 280,435 0 0 0 697,815 Incoming resources |
2025 £ 1,519 50,473 0 13,126 22,950 88,068 374,534 462,602 608 90 211,541 4,336 26,276 362 243,213 0 0 0 705,815 Outgoing resources |
2025 £ 0 (25,805) 0 0 0 (25,805) 26,114 309 0 (309) (10,000) 0 10,000 0 (309) 0 0 0 0 Transfers in the year |
2025 £ 0 0 0 0 0 0 (1,886) (1,886) 0 0 0 0 0 0 0 (1,406) 0 (1,406) (3,293) Gains and losses |
2025 £ 2,444 (0) 35,000 9,581 8,041 Closing balance |
|---|---|---|---|---|---|---|
| Flower Fund Kitson Hall Revenue Fund Kitson Hall Reserve Fund Youth Fund 2018 Ministry Income Fund General unrestricted funds |
||||||
| 55,066 128,636 |
||||||
| Total unrestricted funds Restricted funds |
183,702 | |||||
| 0 13,439 32,335 11,717 10,001 (0) |
||||||
| Bishop's Lent Call Bells Fund Friends Fund Music Fund Piano Maintenance Fund Under Tree School Total restricted funds Endowment funds |
||||||
| 67,491 | ||||||
| 632,326 460,000 |
||||||
| Endowment - Ministry Capital Endowment - Kitson Hall Total endowment funds Aggregate of funds |
||||||
| 1,092,326 | ||||||
| 1,343,519 |
The transfers referred to above were made for the following reasons:
a) Surplus for 2025 of £25,805 in Kitson Hall Revenue Fund was allocated to the General unrestricted funds.
b) £309 was transferred from Bells Fund to General unrestricted funds being reimbursement of the cost of bells-related equipment.
c) £10,000 was transferred from the Friends Fund to the Piano Maintenance Fund to finance repairs to a church piano.
Page 18
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
18 Funds (continued)
The assets and liabilities of the various funds were as follows:
| Funds (continued) The assets and liabilities of the various funds were as follows: |
||||
|---|---|---|---|---|
| Fixed asset investments Debtors Current assets investments Cash at bank and in hand Creditors falling due within one year |
£ 87,959 41,122 15,432 68,396 (29,206) 183,702 Unrestricted & Designated funds |
£ 0 0 79,433 25,128 (37,070) 67,491 Restricted funds |
£ 1,092,327 0 0 0 0 1,092,326 Endowment funds |
2025 £ 1,180,285 41,122 94,865 93,524 (66,276) |
| 1,343,519 |
In the previous year the movements in the charity's funds were as follows:
| Designated funds | 2024 £ 1,802 0 35,000 23,025 21,229 81,055 139,143 220,198 0 13,965 14,868 6,000 0 34,833 611,927 460,000 1,071,927 1,326,958 Opening balance |
2024 £ 1,607 98,058 0 0 16,769 116,433 313,822 430,255 652 125 255,821 3,676 395 260,669 0 0 0 690,925 Incoming resources |
2024 £ 706 47,128 0 20,318 24,370 92,521 334,567 427,088 652 252 257,276 3,893 395 262,469 0 0 0 689,557 Outgoing resources |
2024 £ 0 (50,931) 0 20,000 0 (30,931) 33,385 2,454 0 0 (2,454) 0 0 (2,454) 0 0 0 0 Transfers in the year |
2024 £ 0 0 0 0 0 0 4,683 4,683 0 0 0 0 0 0 21,805 0 21,805 26,488 Gains and losses |
2024 £ 2,703 0 35,000 22,707 13,628 Closing balance |
|---|---|---|---|---|---|---|
| Flower Fund Kitson Hall Revenue Fund Kitson Hall Reserve Fund Youth Fund 2018 Ministry Income Fund (see note) General unrestricted funds |
||||||
| 74,037 156,464 |
||||||
| Total unrestricted funds Restricted funds |
230,502 | |||||
| 0 13,838 10,958 5,783 0 |
||||||
| Bishop's Lent Call Bells Fund Friends Fund Music Fund Under Tree School Total restricted funds Endowment funds |
||||||
| 30,579 | ||||||
| 633,732 460,000 |
||||||
| Endowment - Ministry Capital Endowment - Kitson Hall Total endowment funds Aggregate of funds |
||||||
| 1,093,732 | ||||||
| 1,354,813 |
The transfers referred to above were made for the following reasons:
a) Surplus for 2024 of £50,931 in Kitson Hall Revenue Fund was allocated to the General unrestricted funds.
b) £20,000 was transferred from General unrestricted funds to Youth Fund 2018 to finance the budgeted costs of the youth worker in 2025.
c) £2,454 was transferred from the Friends Fund to the General unrestricted funds being reimbursement of the final cost of the audio visual system installed in the church in 2023.
Page 19
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025
18 Funds (continued)
In the previous year, the assets and liabilities of the various funds were as follows:
| Fixed asset investments Debtors Current assets investments Cash at bank and in hand Creditors falling due within one year |
£ 92,638 35,695 96,751 28,775 (23,358) 230,502 Unrestricted & Designated funds |
£ 0 0 0 59,963 (29,384) 30,579 Restricted funds |
£ 1,093,733 0 0 0 0 1,093,732 Endowment funds |
2024 £ 1,186,371 35,695 96,751 88,738 (52,742) |
|---|---|---|---|---|
| 1,354,813 |
19 Transactions with related parties
During the year the charity:
a) received donations totalling £30,906 (2024: £32,667) from related parties (which includes members of the PCC, any other members of key management and anyone closely connected to them).
b) paid £nil expenses (2024: £nil) to, or for, non-clergy members of the PCC.
c) paid donations to UK-registered charity Under Tree Schools of £1,762 (2024: £2,595) - Mr P Boyling was a trustee of both charities.
Page 20
The Parochial Church Council of the Ecclesiastical Parish of St Mary, Barnes
DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES For the year ended 31 December 2025
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Other income Total income and endowments EXPENDITURE ON: Charitable activities 7 Raising funds 8 Total expenditure Net gains / (losses) on investments 11,13 Net income / (expenditure) Gross transfers between funds - in Gross transfers between funds - out Net movement in funds Reconciliation of funds: Total funds brought forward 18 Total funds carried forward 18 |
Unrestricted 2025 £ 212,098 130,983 55,165 19,085 50 417,381 437,782 24,820 462,602 (1,886) (47,107) 26,114 (25,805) (46,798) 230,502 183,702 |
Restricted 2025 £ 32,266 0 248,168 0 0 280,435 55,102 188,111 243,213 0 37,221 10,000 (10,309) 36,912 30,579 67,491 |
Endowment 2025 £ 0 0 0 0 0 0 0 0 0 (1,406) (1,406) 0 0 (1,406) 1,093,732 1,092,326 |
Total 2025 £ 244,364 130,983 303,334 19,085 50 697,815 492,885 212,931 705,815 (3,293) (11,293) 36,114 (36,114) (11,293) 1,354,813 1,343,519 |
Unrestricted 2024 £ 218,234 135,288 46,726 30,009 0 430,256 400,567 26,521 427,088 4,683 7,851 73,385 (70,931) 10,305 220,198 230,502 |
Restricted 2024 £ 4,585 0 256,084 0 0 260,669 58,771 203,698 262,469 0 (1,800) 0 (2,454) (4,254) 34,833 30,579 |
Endowment 2024 £ 0 0 0 0 0 0 0 0 0 21,805 21,805 0 0 21,805 1,071,927 1,093,732 |
Total 2024 £ 222,819 135,288 302,809 30,009 0 690,925 459,339 230,219 689,557 26,488 27,855 73,385 (73,385) 27,855 1,326,958 1,354,813 |
|||
|---|---|---|---|---|---|---|---|---|---|---|---|
Note: Unrestricted includes designated (unrestricted) funds.
Page 21