CASTOR WITH UPTON. STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2025

CASTOR WITH UPTON. STIBBINGTON AND WATER NEWTON
PAROCHIAL CHURCH COUNCIL
CONTENTS
Pages
Annual Report
Independent Examinerfs Report
10
Statement of financial actNities
BaLgnce Sheet
12
Note8 to the financial slalements
12-18

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
Aim and Purpos8
Castor Parochial Chufch Council IPCCI has the responsibility of cooperating with Ihe Rector and clergy in
promoting within the ecclesiastical parish the whole mission of the Church.. pa$loral, evangelistic, social. and
ecumenical. Dursng 2025 this responsibility was exercised firstly wrth Fr David Ridgeway as Rector ar￿.
following his relirem8nl, during a period of interregnum.
The PCC is also specrftslly responsible for the maintenance of St Kyneburgha Church, Castor.. Sl John Ihe
Baptist Church, Upton., St Remigius Church, Water Newton., St John the Baptist Church, Siibbinglon,. as well
as the Cedar Cenlre, Church Walk, Castor.
Objoctives and Acttvities
The PCC is committed lo enabling as many peopl8 as possible to worship at our chLirches and lo feel part of
our parish communty. The PCC maintains an overview of worship throughoth the parish and considers h¢)W
services can best involve those within the parish and beyond. Our services put faith into practice Ihfough
prayer and scripture, music and sacrament.
We aim lo enable people lo INe out their faith through..
Worship and prayer, leaming about the Gospel. and developing knowledge and trust in Jesus
• The provision of pastoral care
Mission and outreach wo
During 2025 the PCC met ￿￿larly. As well as fuwilling it$ statutory rèsponsibilrties. the PCC has played a
particularly important role during th& interregnum, ensuring ¢ontinuty in govemance. worship, finance and
parish lrfe.
Achigvgm8nts and Perfom)ance
Following the exceptional year of the 9001h anniversary celebrations in 2024, 2025 has been a year of
consolidation, reflection and trans((ion. The legacy of those celebrations continues lo be fert, not only in the
funds raised bul also in the strengthened sense of community and engagement wrth the church.
By early 2025. approximately £10,000 h8d been raised through the anniversary events, with around £6,000
b8nefitin9 the church directly, alongside additional income from the Flower Festival. One particu18rby joyful
legacy has been the growth of the choif, with five children joining folbwing the opefettHomething we are
delighted lo see continue.
However, the most significant development this year has been the retiT8ment of Fr David Ridgeway at the
end ol May. David served the parish for neatly nine years and led us through many important period5.
including the pandemic and the 900th anniversary celebrations. His pastor81 care, work wf(h the school, and
presence in the community have been deeply valued, and he is grealty missed.
We also lost our Curale Shiloh Varughese who transferred lo another parish in September - his sense of
humour and enthusiasm. particularfy in running youth events. was very much missed.
Int•rregnum and Leadership
Since Fr David's retirement at the end of May. the parish has been in a period of interregnum. This has been
a signrficanl transition for the whole parish, and the PCC would like to ￿cOrd sincere thanks to all those who
have worked so hard lo sustain and grow the lrfe of the church during this time.

CASTOR WITH UPTON. STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Interrognum and Load•rship Icontinugdl
In particular, we are very grateful lo those invofved in the recruitment process. This has included a great
deal of work behind the scene$ by the churchwardens, m￿hael Samways and Nadia Stoney, alongside the
ruilment gfoup, interview panel, and those contributing to the Parish Profile. The process has Invo￿ed
Section 11 meetings, training. preparalion of documentation, and engagement with the Diocese and
Patrons. Akhough no appointment has yet been made. Ihis work continues with commiimant and earè.
The PCC WQLFld espectally like to thank Jon Ardron. who was asked by Fr Davitj to take on the role of PCC
Chaim)an during the vacancy. In the absence ol a Rector, the PCC carries responsibility for governance,
finance, buildings, worship planning, safeguarding oversight, and the ongoing mission of the parish.
Jon's leadership has been instrumental in ensuring that the PCC ha5 not simply maintained parish lrfe bLrt
has moved il lo￿ard. As noted in Standing Comrnrttee refteclion, 'we have not just tKked over but
pmgressed."
A key development has been the re-eslablishmenl of the Standing Committee. meeting on the first Tuesday
of every month. These meetings have proved invaluable in enabling more agile decision-making and
ensuring that work continues between PCC meetings.
The Standing Commttte has alw intoduced clearer slNcture through the creation of four Working groups..
• Finan￿ {Am8nda Millen and Daniel FitzJ'ohn}
Income Generation Iled by David Walker)
Worship Planning {Sèd by Jo Morris)
Rocruitment {led by Nadia Stoney and Michael Samwaysl
This stfucture has strengthened governance and improved communication and accountabilty across the
pcc.
The PCC can be proud ofwhat has achieved dLsring this per￿".
Worship has been maintained in full. despite clergy shortages
Attendance has increased in several services, including Chifvjren's Church, 8am Communion
and midweek Se￿iCe$
Financial stability has improved signrftcanlly
• Safe9uarding compliance has slrenglhened
Governance and communicalK)n within the PCC have developed positively
This reflects the commitment, teamwork and generosty of many across the parish.
A major achievement this year has been the Strengthening of PCC govemance. This includes..
clearer structure through wortiing groups
more effective Standing Committee meetings
improved communication and engagement
better defined roles and responsibilities

CASTORWITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Interregnum and Le8d¢rshlp l¢ontInu￿)
There is a growing recognition of the need to..
• recruf( new PCC members
develop succession planning
• elarify roles such as safeguarding, hearth & safety, and facilsties management
The APCM is seen as an important opportunity lo ir¢wte new people to get involved.
Flnance
Finance has remained one of the most signrficanl challenges facing the parish, particularly given the
responsibility of maintaining mukiple histortc buildings alongside the Cedar Cenlre.
At the start of the year. forecasts indicated a drfficutt financial position. with concems about sustainabilty into
2026. However, through careful management and decisive action, the wjsition has improved considerabty.
Key decision5 taken during the year included..
Reducing Parish Share payments to protect reserves
Pausing extemal charitable giving temporarily
Tightening cost control across all areas
Developing a clearer financial structure and TePOrtin9 framtwork
The PCC also adopted a revised ReseNes Policy. targeting £50,000 (approximately six months of running
costs), to ensure long-lem stability and to provide a Secure position for a new incumbent.
By th8 and of tha year.
Financial perforrnanee wa5 ahead of expeC￿￿10n5
Fundraising exceeded forecasts
ReseNes had significantly improved
The parish moved from a pos*tion of uncertainty to one of controlled suslainabiltty
We are extremely grateful to Amanda Millen and Oaniel Fit4'ohn for their careful oversight of parish
finances, and lo Jon Ardron for his strategic leadership in financial planning.
Fundraising and Regular Giving
Fundraisin9 has continued lo be a vital part of parish life and income.
Following the intensity of the 900th anniversary celebrations, 2025 has seen a shfft towards a more
sustainable model based on..
Rogular smaller events
Shared responsibilty across the parish
Better coordination through a fundraising calendar

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Fundral$lng and Regular Glvlng lcontlnued)
Chris Murrell has taken on responsibility for coordinating fvndraising, bringing structure and forward
planning to parish events. Events have included..
Film nights (including the successful Sound of Music evening)
Quiz nights
• Coffee momings
. Christmas tree sales
. Raffles
Fete and seasonal events
These colleclivety raised significant funds, with some events exceeding expeclalion8.
Alongside fundraising, there has teen a strong focus on regular giving..
New giving leaflets I'our Future Togetherfl were produced and distributed
QR ¢odes were introduced to make donating easier
Giving was promoted al services and events
Outreach extend￿ beyond the congfegatKJn into the ￿er village
David Walker has led this work wf(h energy and persistence, supported by others including Ollie Southgale.
Jo Morris and Jon Ardron.
Safeguardlng
The PCC is very grateful to Chris Muirell and Anne Perkins for their ¢onlinued dedication to safeguardin9.
A great deal of work has tsken place during 2025 to ensure compliance with safeguarding requirements,
including training. policy development and implementation of the Parish Safeguardin9 Dashboard.
We are pleased that our safeguarding position has improved svJnrficanlly over the year. However, there is
still wotk lo be done. particulady in areas such as training completion, data proleclKJn and record keeping.
SafegL*arding remains the responsibility of the whole PCC, and we are gralefvl for the ongoing loadership
and guKlan¢e provided by Chris and Anne.
Worship and Mlnistry
Maintaining worship during the interregnum has Tequired signrftsnt effort and ftexibilrty.
Jo Morris has led worship planning, working closely with churchwardens, clergy and volunteers lo ensure
that service5 continue 8eross the benefice. She has had support and guidance from the Rural Dean Jack
Bullen. which we are very grateful fcsr. This has included..
Coordinating visi(ing clergy and retired pr￿sts
Supporting lay-led services where necessary
Adapting service patterns to reflect ctergy availability
Planning for major festivals such as Christmas and Easter

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Worship and Ministry {contSnued)
We are very grateful to..
Rev Bill Croft
Rev Michael Matthews
Rev Ray Hemingray
Archdeacon Alison BcKsker
The Rural Dean JaGkie Bullen.
for their support during this period.
DesprÉe the challenges..
Every planned service has been delivef8d
Attendance has increased in several areas
Communication around services has improved
Flexibility across the benefice has strengthened
Children's Chur¢h Continues to be a major strength, led by Heben Boulton, with consislenlty slfong
attendance and growing engagement.
This year we have had eleven funerals, one wedding and seven bopti$ms at St Kyneburga. Water Nth￿on
has had one funeral. Uplon has ha one funeral.
St Kyneburgha's Church and Cedar Centre
St Kyneburgha's remains at the heart of pafish lrfe. and we are very grateful to the St Kyneburgha Trust for
Iheif continued support in maintaining and enhancing the building.
The Cedar Centre continues to be an important eommunty facilty, although rt is currentty operating at a
financial bss. Work is ongoing to explofe ways of improving its sustainability, mart(eling and use.
We are very grateful to Tracey Squire$ for her continued work managing the Centre and lo Julian Burton for
his work reviewing i(s future.
Upton, Watsr Newton and Stlbbington
At Upton, the closure pr¢xess has completed thanks to the hard work of William Baxter land a substantial
donation from Milton Estate for essential repairs). Fom)al conlifmalion was received from the Church
Commissioners in Ocl¢)ber 2025. in The Churchyard is being kept in good condition by a young local
volunteer, Samuel Burton, and we are very grateful for his efforts.
At Watèr Ne￿￿On and Stibbington, serv¢ces and events continue lo be held, albeit on an ad h¢x basis, and
are valued by the local communf(ies. Wg are grateful to all those who help maintsin the life of these
hurches.

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Flnancl41 revlew
Total receipts on unreslricted funds were £121,701 of which £63.613 {including Gift Aid) was unrestricted
voluntary donations.
We are very grateful to everyone who donated and to everyone who continues lo donate lo our churches
and to thosè who have signed up to the Parish Giving Scheme this year.
Fundraising and other trading aclivilies bought in £32,303 in 2025. A huge thank you lo all those involved in
the fundraising events throughout the year as these events and fundraising initiatives make a real drflerence
to our income levels and without those who work tirelessly lo deliver, them they would r￿1 happen.
We have reignited our Stewardship campaign this year with the hope of boosting our funds through giving
and this is Something David Walker will continue lo work on next year.
Costs for the year from unrestricted funds included £75,117 Ispenl to provide the Christian ministry from the
hurches of the parish including the contribution to the diocesan parish share and largely provides the
stipends and housing for the Rectorl, £7,421 If4Jndraising costs), £6fK) charitable giving and £22.098 on
various other expenses. The net resu￿ for the year was an eX￿sS of income over expenses of £16,465 on
unrestricted funds.
This profrt was due in large to not making the Parish Share payment in full (underpayment of approx. £14kl.
It was agreed that towards the end of 2025 we would review the finances and look al whether rt would be
Possible lo pay the Parish Share in full for 2025. We agreed to pay as much as we could without dipping into
our reserves as Ihese are still below the requisite level to fulfil our ReseNes Policy.
As aNvays the Finance Committee have rpviewed the budget. taken steps to redu￿ costs where we can
and will continue to monrtor the situation as we go foNRrd in 2026. Towards the end of 2026 we will review
the finan￿ and look at whether it will be pjssible lo pay the Parish Share in full in 2026.
Reserves pollcy
During the year the Policy was reviewed in light of our over-reliance on substsntial fund-raising events land
the substsnti81 risks this raised. The PCC adopted the new Reserves Policy, targeting £50,000
(approximately six months of running cost$ and a £5k conlingencyl.
Pamchial fves
The locally levied fees were reviewed in November.
Parochial fees are the fees forweddings and funerals. Ono sel of fees is sel nationally, and one set are local
fees for facilrties we offer lo enhance the services we provide, such as organists bells and choir. We review
them annualty.

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Parochial fees (Continuèd)
The local fees are reviewed and figure$ a￿ as follcpws".
The PCC decided lo sel the fees as follows (only one ehange)..
Weddin
s and Funerals
The Cedar Centre wedding fee$ would ￿rna1n at £45
The choir fee would remain al £120
The bell ringing fee for weddings would remain £275
The bell ringing fee for funerals was increased to £220 from £210
The bell ringing fee at Water Newton would remain at £120
The organist's fee would remain £140
The vergers fee would remain al £70
Cedar Centre
The current booking fee is £15 peT houf for local bookings and £18 for local business. oUts￿e b(x)kings are
£21 per hour
It was agfeed lo wait until the Village Hall Committee had finished their discussions as historically the
sets of fees had been aligned.
Mls$lon and Communbty
We continue lo be proud of our work with children and families, and of our wder engagement with the
communty.
Links with Castor School remain strong, and our ministry at Castor Lodge Care Home continues.
We also continue to support local charities and community iniiiatives. reflecting our commf(ment to serving
those around us.
Voluntsers
The PCC would like to thank all volunteers who contribute to the l¢fe of the parish.
This includes ehurchwafdens, elergy. treasurer, secretary, safeguarding offKefS, children's leaders.
musicians, bell ringers, fundraisers. and all those who serve in many drffe￿nl ways.
This ha$ been a year where many have taken on additional responsibilities, and we are deeply grateful for
this.
El8ctoral Roll
The numbers on the electoral roll are 135 8$ of April 12th 2026.

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUNCIL
ANNUAL REPORT (CONTINUED)
Adminigtratlve inforniatlon
Castor Parish is part of the DKJcese of Pelefborough within the Church of England. The correSpor￿ence
address is Benefice Office, The Cedar Cenlre, Church Walk, Castor, PE5 7AX. The PCC is a body
corporate {PCC Powers Measure 1956, Church Representation Rules 20061 and a charty currently
excepted from registration with Ihe Charty Commission.
Conclusion
2025 has been a year of transition, challenge and resilience.
Despite the uncertainties of interregnum, the partsh has remained Strong, worship has continued, finances
have stabilised, and the eommunity has continued lo flourish.
We give thanks for all that has been achieved and look fowdrd with hope to the appointment of a new
Rector.
PCC Members 2025
PCC members who have seNed at any lime since the last Annual Meeting are."
Clergy."
David Ridgeway
Shiloh VaTughese
Ex-officio Members
Children's Church.. Helen BOU￿on
Churehwardens
m￿hael Samways
Nadia Stoney Istgpped down April 2026)
DepLrty Wardens
Slibbinglon.. Charlotte Bradshaw
Water Newton.. Vacant
Upton.. Claire Hafris lunlil cbsLTrre of Uplon church in November 20251
Upton.. Lynne Bell {until Closure of Upton church in November 20251
Deanery SynoJ Representatwes
Anne Perkins
Chris mur￿11
Jon Ardron

CASTOR WITH UPTON. STIBBINGTON AND WATER NEwfoN PAROCHIAL
CHURCH COUKIL
ANNUAL REPORT (coimNUED)
Elethd Membgrn {byyo*)
Dw for rTr•*l*?n 2026..
St•v• Gry4
DAn￿1 Frf4ohn
Jo Morri•
ESM•bèth B
JulKqn 8urtCA)
Wilkn 8•thr
J•y Winfr
Wak•r
Suo Edwards
Karnn Baw Isecrètsry)
kn￿n0* Mil￿n (fre•Buror)
Approval *nd 3lgn4MY
proved by ￿ PCC on:
Sign•d."
Chak.

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF CASTOR
WITH UPTON, STIBBINGTON AND WATER NEWTON
PAROCHIAL CHURCH COUNCIL
I report on the financial statemants of th8 PCC for th8 y8ar ended 31 Dacgmb•r 2025, which aro set out on
pages 10t0 18.
Respective r8sponsibilites of Members and Examiner
As membeTS of the PCC you are responsible for the preparation of the financial st*ements. The members
consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe 2011
Acll and that an independent examination is needed.
11 is my respon$ibilrty lo..
Examine the accounts under section 145 of the 2011 Act.,
To follow the procedures laid down in the General Directions given by the Charty Commissioners
(under section 145151{bl of the 2011 Act)., and
To state whether any particular matters have come to my attentKJn.
Independent examinerfs stat8mgnt
In Connection wlh my examination, no matter has come lo my attention..
which gives me reasonable cause to believe that any in any material respect the requirements.
- lo keep accountin9 records in accordance wrth section 130 of the 2011 Act., and
lo prepare accounts which accord with the accounting records and compty with the accounting
requirements of the 2011 Act have not been mel.. or
lo which, in my opinion. attention should be drawn in order to gnable 8 proper understanding of the
acwunls to be reached.
K Hilliard ACA FCCA CTA
Chartered Accountant
For and on behalf of Price Bailey LLP
36 Tyndall Court
Commerce Road
Lynchwood
Peterborough
PE2 6LR
11
io

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
Unrgstrictod
Funds
Restricted Total Funds Total Fund$
Funds
2025
2024
Notos
Income from:
Donations and Legac¢es
Other trading activities
Income from investments
Income from charitable activities
Income from church actwities
63.613
32,303
1,262
7.456
17,067
48,424
112,037
32,303
1.262
7,456
17,(E7
92,753
39,151
1,581
6,559
22,851
Total Income
121,701
48,424
170,125
162,895
Expenditure on:
Church activities
Fundraising costs
97,815
7,421
51,889
149.704
7,421
143,152
19.700
Total Expendlture
105,236
51,889
157.12S
162,852
Net Income before Transfor5
16,465
{3,465)
13,OC
43
Transfer betsveen funds
777
1777)
Net Movement in Funds
17,242
14,242}
13,000
43
Total Funds brought forward
100,279
225.712
325,991
325,948
Total Funds Carrfed Forward
117,521
221,470
338.991
325,991
The stslement of Financial Activrties includes all gains arsd losses in the year. All income and exp8ndiluTe
derive from continuing actNi(ies.
li

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
BALANCE SHEET
AT 31 DECEMBER 2025
No¢••
202S
2024
Flx•d aM•ts
Tangbb asssts
288,¥27
288,827
CurRni aMets
Debtors
Cash at bank and in hand
3.170
4.820
58 233
$9,420
63,053
Curront UabllllS8*
Cr•ditors". Amounts tsying due
in one
9,256
25 889
N•t curr•nt a•••t•
80.164
37.164
338.991
326.991
Parf•h Fund•
Unresificted lund¥
Reslrlel8d ltsThJ8
10
10
117.521
ICQ,279
338.991
325,991
TL*al Funds
Appro¥pd by PCC and skJned on its behaf ty.
Amanda Mllhn
Tfftè5uwr
Jon Ardron
Ch*r
Date. /i1s1201 b
121512026
12

CASTORWITH UPTON, STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
The f1nancial statements have been prepared in accordance wi(h Accounting and Reporting by
Charities." Slalemenl of Recommended Practice applicable to charf(ies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102} issued in Octobar 2019. the Church Accounting Regubation5 2006 arKI UK Generally Accepted
Practice.
The financial statements have been prepared to give a 'true and fair, view and have departed from the
Church Accounting Regulations 2006 only to the exient required to provide a 'true and fair view. This
departure has involved following the Accounting and Reporting by Charf(ies.' Statement of
Recommended Practice applicable lo charities preparing their accounts in accordants wrth the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} issued in 2019
rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective
from 1 Apfil 2005 which has sinee been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention.
The financial stslements include all transactions, assets and liabilities for which the PCC is
responsible in18w. They do not include the accounts of Church groups that ¢)we their main affiliation lo
another body, nof those that are infomial gatherings of church members.
Upton, Stibbington and Wat•r N•wton PCC
In 2009 Uplon Church joined wffh Castor Church and in 2015 Stibbington Church and Water NevAon
Church joined. The financial stslemenls indude all transactions relabng lo these churches sirice the
dale of the mergers.
1.1 Funds
Restricted funds represent lal Income from trusts or endowments which may be expended only on
those restricted objects provided in the terms of the trust or bequest, and Ibl donations or grants
received for a specific object or invited by the PCC for a specrfic object. The funds may only be
expended on the specifie object for which they were given. Any baLance remaining unspent at the end
of each year must be carried forward as a balance on that lund. The PCC does not usually invest
separately for each fund. Where there is no separate investment, interest 1$ apportioned to individual
funds on an average balance basis.
Unrestricted funds are general funds which can be Ltsed for PCC ordinary purpo$e¥.
1.2 Income
Planned giving, collections and don*ions are recognised when received. Tax refunds are recongnised
when the inwming resource to which they rel8te is recelved. Grants and legacies are accounted for
when the PCC is legally enlitÈd lo the amounts due. All other income is recongised when rt 1$
receivable. All incoming resources are accounted for gross.
13

CASTORWITH UPTON, STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 31 DECEMBER 2025
1. PRINCIPAL ACCOUNTING POLICIES ICONTINUEDI
1.3 Expendituro
Grants and donat￿nS are accounted for when pavj over, or when awarded, rf that award creates a
binding or conslruclive obligation on the PCC. The diocesan parish share is accounted for when due.
All other expenditure18 generalty recognised when it is incurred and is accounted for grosg.
1A Fixed Assets
Fixed assets are slated al cost. The costs of minor additions or those costing below £1,000 are not
capitalised.
No depreciation is provKled on land and buildings as the residual value exceeds cost and any
depreCIat￿n charge 18 deemed immaterial.
2. INCOME
Unrn8trl¢t8d
Funds
Restrfcted
Funds
Total
2025
Total
2024
2.1 Donations and Legacies
Collections
Oonations
Grants
11,498
48,108
4,007
63,613
11,498
55,608
44,931
112.037
12,795
73,969
5,989
92,753
7,5¢JO
40,924
48,424
2.2 Other Tradlng Activitios
Events- Summer
31,718
10
575
32,303
31.718
10
575
32.303
38,483
10
658
39,151
Magazine $ale$ and advertising
Sales of candles and postcards
2.3 Income from Investments
Bank Interest Received
1,262
1,262
1,581
2.4 Income From Charitable Activities
Cedar Centre
7,456
7,456
6,559
2.5 Income from Church Actlvltles
Wedding and fun8ral
Bells, organ and choir
9,803
7,264
17,C67
9.803
7,264
17,067
13.236
9,615
22.851
14

CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 31 DECEMBER 2025
3. EXPENDITURE
Unreslrlcted
Funds
RestTl¢tod
Funds
Total
2025
Total
2024
3.1 Church Actlvities
Charitable Giving..
Light Project Peterborough
Nene Valley Care Trust
Nakuru Childien's Projed
100
300
300
600
300
300
600
600
600
1,300
Christian ministry..
Diocesan Parish share
Church running and maintenance
Reetoffs expenses
Sacristy and vestments
Churchyard expenses
Music expenses
Parish admin costs
Mi$cellaneoLts
36,000
15,835
1,882
3,545
2,945
402
14,133
375
75,117
36.000
67,630
1,882
3.545
2,945
402
14,133
375
126,912
59,016
23,220
4.412
4,478
5,227
433
13.764
4,571
115.121
51,795
51,795
other.
Diocese fees
Cedar Centre expenses
School expenses
Bells. organ and choir *xpen$es
Youth work
Youth club
Accountancy
GuKJebooks
3,974
8,622
372
7,264
3,974
8.622
372
6,111
7,830
548
9.643
500
1.866
255
26.731
22,098
22,192
97.815
51,889
149,704
143,152
3.2 Fundralsing Actlvltles
Event Expenses
7,421
7,421
19.700
4. STAFF COSTS AND NUMBERS
No staff are employed by the PCC.
15

CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 31 DECEMBER 2025
5. PAYMENTS TO PCC MEMBERS
During the year payments were made lo Jo Morris and Amanda Millen, PCC members, as
remuneration for their roles. Reimbursement of PCC expenses were also made to these members.
6. TANGIBLE FIXED ASSETS
Land and
Buildings
Cost
Al 1 January 2025
288,827
Al 31 December 2025
288,827
Accumulated depreciation
Al 1 January2025
Charge for the year
At 31 December 2025
Net book value
At 31 Dècombgr 2025
288,827
At 1 January 2025
288,827
7. DEBTORS
2025
2024
Tax recoverablo
Other debtors and prepayments
2,472
2,899
1,921
4,820
3,170
8. CREDITORS
2025
2024
Other creditors and xcruals
9,256
25,889
16

CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 31 DECEMBER 2025
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Funds
Total
Tangibte fixed assets
Current assets
Current liabilities
76,123
49,877
19,2561
212,704
9,543
288,827
59,420
(9,2561
Net assets at 31 December 2025
116,744
222.247
338,991
10. FUNDS
1 January
2025
Incoming
Transforsl 31 Docember
Resou￿85 Expgnditure
2025
Restricted funds
Cedar Centre
Goodyer Grave
Youth Worker
Youth Club
Special Projects
Slibbinglon Church Restoration
Books Project
Water Newton
Uplon Church
212.704
226
3,305
240
112
2.430
1,399
3,620
1,676
212,704
226
3,305
146
112
1,902
1,399
1941
1528)
{3,6201
{48,4241
48.424
1,676
Total Restricted Fund$
225,712
48,424
52,666
221.470
Unrestrieted funds
General funds
Major repairs fund
84,279
16.000
121.701
1104,4591
101,521
16.000
Totsl unrestricted funds
100,279
121,701
104.459
117,521
Purpose of restrlctsd funds
Cedar Centre..
This is a fun¢J lo maintain and furtheT develop the Cedar Centre lo support the work of the Council.
Goodyer Grave".
This fund is for the maintenance of graves.
Youth WorkeT'.
This fund is lo cover any youth worker costs incurred.
17

CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN
PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 31 DECEMBER 2025
10. MOVEMENT IN FUNDS (contlnuedl
Books Project..
During 2018 a donation was receNed from the the publishers of 'The Five Pari$he$' and li wa$
requested that the fund be used by the church on its own publication3.
Stibbington Church Restoration..
During 2016, £3,000 was received from the Headley Trust t¢)wards the wsls of restoration works lo be
undertaken at Stibbington Church. A further £2,000 was received in 2022.
Water Newton..
A fund to just be used for Water NevAon Church from a Water N￿on VAT reclaim in 2022.
Upton Church..
A fund for the repair of the ehureh roof.
18