St Peter's Church, Chertsey . Report and Financial Statements for the year ended 31 Decembei 2025 St Peter's Parochial Church Council, Chertsey Report and Financial Statements Year Ending 31 December 2025 Page 1 of 13
St Peter's Chuich, Chertsey . Repoit and Financial Statements for the year ended 31 December 2025 Aims and Purposes St. Peter's Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also responsible for the maintenance and development of the church buildings. Objectives and Activities The primary objective of the PCC is the promotion of the gospel of Jesus Christ according to the doctrines and practices of the Church of England. WÈ are committed to ministering as widely as possible across the community of Chertsey to draw men, women and children into a living relationship with Jesus Christ and to serve, unreservedly, the wider community. One significant development saw the appointment of two new incumbents - Rev. Anne Richardson and Rev. Phil Richardson - with effect from 1 st October 2025. They operate as a job share and co- lead the existing Leadership team and ministry areas. The PCC also aims to operate a policy of tithing 10 % of the church's income from congregational giving to the General Fund. Every three years the PCC identifies four or five charitable trusts (local, national and international) to be recipients of our tithe. In addition to this, funds are raised and given to other charitable trusts each year. For 2025, due to financial income pressures, the PCC agreed to commit £2,000 - representing 10 /0 of income raised from Gommercial rental activities (Hall Hire). The church is part of the Benefice of Chertsey, Lyne and Longcross within the Runnymede Deanery and Anglican Diocese of Guildford. Financial Review The 2025 accounts show a small positive carry foward of funds despite a very challenging year for income generation. Total General Fund Income was £205,749 assisted by increased hall hire income, wedding fees and generosity from the congregation. Expenses were managed closely and were lower than last year across most areas. The Total General Fund Expenditure was £222,664 resulting in a deficit on this fund of £16,915 due to the PCC'S obligation to meet the outstanding Parish Share balance of £19,813. This leaves reserves of £4,924 to carry forward. A new Fund was established to support the costs of the Children's and Family Worker facilitated with congregation gifts and Charity grants to the value of £18,800. Total receipts on the Restoration fund were £11,576 following a campaign to raise funds to replace the marquee. Total expenditure is shown as £48,265 with the majority consisting of the building related items being depreciated over a 10-year period. The carry fOard balance of this fund is £286,318. During the year the total fund balances reduced from £344,625 to £291,240. The average number of people in our regular giving scheme each month was 74 - an increase compared to 72 last year. Reserves Policy The PCC works towards maintaining a cash reserve amount equivalent to 3 months of expenses should there be sufficient funds available to enable this. As of 31 December 2025, the General Fund equated to -20 days of cover (LY 30). Page 2 of 13
St Peter's Church, Chertsey . Report and Financial Statcn]ents foi the year ended 31 Deceinber 2025 Structure, Governance and Management The method of appointment of church members is set out in the church representation rules. All church attendees are encouraged to register on the Electoral Roll, who are then eligible for election to the PCC. The PCC of St. Peter's Church is a registered charity with the Charities Commission number 1159207. The elected members of the PCC are the trustees of the charity. Any individuals co-opted or in attendance at any PCC meetings have been, and will in future be, at the specific invitation of the elected PCC. Such individuals have no legal standing as trustees or voting rights on the PCC. Administrative Information St. Peter's Parochial Church is situated in Chertsey, Surrey. It is part of the Diocese of Guildford, within the Church of England. The correspondence address is London Street, Chertsey, Surrey KT16 8AS. Bankers National Westminster Bank PLC. CBF Church of England Deposit Fund. Members of the Parochial Church Council All the members of the Parochial Church Council were elected at the 2025 APCM. The members of the Parochial Church Council during the year were.. Vicar Vacancy until 0210912025, then.. Rev. Anne Richardson (Priest in Charge) Rev. Phil Richardson (Associate Vicar) Curate Rev. Sue Phillips (SSM) (Ex Officio Member) Asst. Minister Rev. Christine Pattinson ISSMI (Ex Officio Member) Ministry Team George Hobbs (LLMI {Emeritusl Carolyn Clark (LLMI (Ex Officio Member) Rev. Suzi Browning IOPTO) (from November 2025) Churchwardens David Phillips Janet Alexander Elected members Jacqueline Churchman (Secretary) Dominic Maher (Treasurer) Ronald Howell (DBSISafeguarding) Christine Leach Clare Rice Jemma Isaacs Victoria Kennedy Jean WanNick William Skeales Michael Baxter Kingsley Okoli David Tucker Charles Cochrane Page 3 of 13
St Peter's Church, Cheitsey . Report and Fijiancial Statements for die year ended 31 December 2025 Deanery Synod Reps Rosemary Richards Gordon Clark Sarah Howarth (until 15109125) & Kate Schuil (from 15109125) Approved by the Parochial Church Council on the 161312026 and signed on its behalf by,. •1 DkkJrA46- Rev. Anne Richardson Chairman Page4 of 13
St Petei s Cliiirch, Cliei1sey Report and Fiiiancial StaleIiieiits for tlie yeai. elided 31 Deceinber 2025 Independent Examiner Statement I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2025. Responsibilities and Basis of Report As the charity's trustees. members of the Parochial Church Council are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act"). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 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. l confirm that l am qualified to examine the PCC'S accounts being a life member of the Institute of Chartered Accountants in England and Wales. Independenl Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charilies Act., or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue 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 accounts to be reac ed. I i rbl- Li John W Foste 40 Ellingham Road, Chessington, KTg 2JA Page5 of13
St Petei's Church, Chertsey '. Report and Financial Statements foi the yeai ended 31 December 2025 Statement of Financial Activities -Restri'c'te&i Prior.Tear,-?O? Incoming Resources Donations & Legacies Charitable Activities 161,896 5,110 167,006 208,638 17,531 17,531 6,831 Investments 18 165 183 362 Trading Activities Other 21,066 21,066 18,905 5,238 205,7é.9. 6,301 11,539 26,660 Total incoming. resources.. .11,576 .217,325 261,396. Resources Used Charitable Activities 222,483 48,265 270,748 291,676 Governance Costs 181 181 72 Total resources used 222,664 48,265 270,929 291,748 ppl OjN¥u Investment Gains (or Losses> Total Funds Brought Forward 219 219 21,620 323,005 344,625 374,977 Page 6 of 13
St Peter's Church, Chertsey . Report and Financial Stateinents for the year ended 31 December 2025 Balance sheet as at 31st December 2025 2025 2024 Fixed assets Tangible assets 273,962 273,962 311,082 311,082 Current assets Investments Cash at bank and in hand 538 39,077 39,615 594 45.265 45,859 Liabilities Creditors: Amounts falling due in one year 22,336 22,336 12,316 12,316 Total net assets less liabilities 291,240 344,625 Represented by Unrestricted General fund (12,249) Designated Coffee Break - Charity Collections Children's & Family Worker Restricted Belfry Fund Restoration Fund Uganda - Moyo Hospital Fund Funds of the church 20,914 469 16,704 706 1,519 284,797 1,519 320,428 1,058 291,240 344,625 These financial statements on pages 6 to 13 were approved by the PCC on xxxxxx, an on its behalf by.. 1610_?1 Reverend CI LK CKJ-o(l- were signed Date.. xxxxxxxxxxxx sl1212ii Page 7 of 13
St Petei's Church, Cheitsey '. Report and Financial Statements for the Ye ended 31 Decembei 2025 Notes to the Accounts- Year ending 31st December 2025 Accounting Policies The financial statements have been prepared in accordance with the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, together with applicable accounting standards and the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2015). The financial statements have been prepared on an accrual's basis under the historical cost convention. Incoming Resources Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when.. the PCC becomes legally entitled to the benefit of the use of the resources- their ultimate reipt is virtually certain., and the monetary value can be measured with sufficient reliability Grants and Donations Grants and donations are included in the SOFA when any pre-conditions for their use by the PCC have been met. For collections and planned giving this is when the funds are received. Gift Aid Tax Claims on Donations.. Gift Aid and other tax claims are included in the SOFA in the accounting year in which they are received. Volunteer Help The value of any voluntary help received is not included in the accounts but is described in the trustees, annual report. Investment Income This is included in the accounts when receivable. Expenditure and Liabilities Liability Recognition Liabilities are recognized as soon as the legal or constructive obligation arises. Outward Giving Giving to charitable organizations represents approved PCC giving as a commitment from current year activities. Assets Consecrated and benefice property Consecrated and benefice property of any kind is excluded from the financial statements in accordance with Section 10(2) (a) and (c) of the Charities Act 2011. Moveable Church Furnishings These are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available - in this case the item is not capitalized, but all items are included in the Church's inventory in any case. Page 8 of 13
St Peter's Church, Chertsey . Repoit ld Financial Statements foi the year ended 31 Decembei 2025 Tangible Fixed Assets These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost and depreciated over their useful economic lives. The costs of the major re-ordering of the church in 2023 are being depreciated over a ten-year period. Short Term Deposits These include cash held on deposit either with the CBF Church of England Funds or at the bank. Funds Unrestricted Funds These represent the funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on future projects and which are therefore not included in its 'free reserves,. Designated Funds These are funds that must be spent on the purposes for which the gift was made, and Designated funds are those that the PCC have decided should be used for a specific purpose. Restricted Funds These are funds that must be spent on restricted purposes. Fund Purpose General Fund objectives Unrestricted, undesignated, available for any of the PCC'S Belfry Restricted for the expenses relating to the church bells and tower Uganda - Moyo Hospital Fund Restricted for the fundraising of medical equipment Coffee Break Designated for the collection and distribution of funds raised through specific Church events Children's & Family Worker Designated to support salary cost of the employee Restoration Fund Restricted for the expenses relating to the planned redevelopment of the church and church hall. Page 9 of13
St Peter's Church, Chertsey .' Report and Financial Statements for the year ended 31 December 2025 Analysis of Income and Expenditure Analysis of Income Incoming Resources -onatlOlJSi&.Le acies. Planned Giving & Donations 129,214 1,020 130,234 185,276 Gift Aid 21,882 90 21,972 21,362 Grants 10,800 4,000 14,800 2,000 Holiday Club Fees Income {Gross} Iniiestm"é 1,310 1,310 160 16,220 16,220 6,671 Bank I nterest received 18 165 183 362 Trading.A'ctiiiities-. Hall Hire 20,065 20,065 17.705 Book Sales 1,002 1,002 1,200 Other Income 480 6,301 6,781 23,060 Deanery Administration 4,758 4,758 3,600 411 576 -261,396, Page 10of13
St Peter's Church, Chertsey . Report and Financial Statements for the year erAded 31 December 2025 Analysis of Expenditure Resources Used Ch'aritableActivitie Children & Youth, and Marquee project Administration 1,105 6,286 7,391 1,454 13,993 2,154 16,147 14,108 Parish Share 103,751 103,751 101,220 Depreciation Costs of Church Services 37,121 37,121 27,120 5,251 5,251 4,604 Ouhmard Giving Premises Costs 5,427 1,058 6,485 40,396 22,970 1,647 24,617 15,716 Staff Costs 61,595 61,595 51,975 Other Expenditure Deanery Administration Governance Costs 3,633 3,633 25,083 4,758 4,758 3,600 181 181 72 .Total resources used 222,664 .. 48,265, 270,929 291,748 Notes - Other Volunteers The charity benefits greatly from the voluntary contributions of time and money. Please refer to the trustees, report for further details about volunteer contributions to the organisation. Independent Examination Fees Fees payable to the independent examiner were: £Zero. Staff Costs The total staff costs and employee benefits for the reporting period are as follows.. Gross wages and salaries.. £61,733.84 Employers Nl costs.. £5087.72 Employers Pension costs: 2051.63 The average number of employees during the year was 5 (2024.6). No employees received salaries at a rate of more than £60,000 per annum. Page11of13
St Petei"'s Chui'ch, Cheitsey . Repoit and Financial Statements for the yeai ended 31 December 2025 Fixed Assets Tangible assets Church Hall New Windows Chairs Church Re-ordering Total Ih Cost ' (30 September 2023) 10,165 20,685" 313,007. 343,857 Net book value.. At 31 sl December 2024 4,066 18,099 288,917 311,083 Depreciation Charge for the year Net book value: At 31sI December 2025 03 273 962 Grants received 2025 2024 Haberdashers Shanley Foundation Benefact Trust Garfield Weston Surrey Church's Trust £3,500 £2,000 £3,800 £5,000 £500 £2,000 NA NA NA NA Liabilities of more than one year There is a liability to pay £1359.12 a year on the photocopier lease until October 2030. There is a new liability to pay £1750.84 a year on a new dishwasher lease until July 2027. Transactions with Related Parties There were no commercial transactions with related parties during the accounting period. Donations from PCC members were numerous and considered to be part of the normal operations of the PCC and also include donations for special appeals held during the year. The PCC have decided that it would be inappropriate to declare such donations in these notes. Pensions The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of financial Activities as they become payable in accordance with the rules of the scheme. Page 12 of 13
St Peter's Church, Cheitsey '. Report and Financial Statements for the yeai ended 31 December 2025 Analysis of Charitable Funds - 2025 ipejdit Unrestricted. General 20,914 185,986 219,368 219 (12,249) .219,368,.-., 219. (12,249} Coffee Break 706 963 1,200 469 Children's and Family Worker 18,800 2,096 16,704 Unrestrlcted Total 21,620 , 205,749 222,664 219 4,924 estricte Belfry Fund Restoration Fund 1,519 1,519 320,428 11,576 47,207 284,797 Uganda - Moyo Hospital Fund 1,058 1,058 Restricted Total 323,005 11,576 48,265 286,316 Page 13of13