## **ST STEPHEN’S NORBURY & THORNTON HEATH ANNUAL PARACHIAL CHURCH MEETING 10[TH] MAY 2026- TREASURER’S REPORT as @ 31[st] DECEMBER 2025**
## Dear Parishioner,
Being Treasurer for the Parish of St Stephen Norbury & Thornton Heath for another year has been an absolute privilege. It has been another eventful year for St Stephen’s with unexpected repairs such as leaks to the Lady Chapel roof and the problems with the oak tree.
This report starts with an update on the works for 2024 and the future works needing our considerations on how these projects will be funded.
The next section is the Balance Sheet, Independent Examination report and Statement of Financial Activity which shows the actual income or expenditure for 2025 and the forecasted income and expenditure for 2026.
I would like to record my thanks to Simon and Katy Lewis who bank cash collected. We have been operating on a month-on, month-off system. It is working extremely well. I hope Simon and Katy will continue as their assistance is greatly valued and appreciated.
I would also like to record my thanks to Ian Pudney who has continued as the Independent Examiner for our accounts, free of charge.
**The Finance Committee** – Scheduled meetings for 2025: June25, Aug25, Jan26 and Apr26. The Priest, Wardens, Hall Managers and Treasurer met in Nov25. Our current hirers rates have been increased by an average of £5 per month for 2026.
Included in my notes are extracts from the document Fr Daniel will send out to all regarding the future projects for St Stephen’s. Items such as the costs for repairs in the hall, removal of the oak tree and asbestos from the sheds have been include in the budget forecast for 2026.
However, we will need to obtain quotes for the cost of the future works such as rewiring of the church, redecoration of the church, repair to the sandstone at the south west entrance and major repairs to the organ. Please read about these works below.
As you read the many reports in this APCM pack please be prayerful on what you can do, financially, to help to keep our church, St Stephen Norbury and Thornton Heath, beautiful and safe for future generations of worshippers.
## **UPDATE - PROJECTS ON TREASURER’S REPORT 31[ST] DECEMBER 2024**
- **Break in June24-** All the work completed in 2025. The cost of repair to the doors and leaded light window and miscellaneous items was covered by Ecclesiastical Insurance. We received £15,530 which covered the cost of repairs and replacement of fireproof safe and new tablet for streaming. Completed.
- **CCTV** –9 CCTV cameras were installed around the exterior of the church building. Monitor detectors and alarm were installed inside the church. Associated Security Group will maintain the equipment. On the whole since installation, the periods of anti-social behaviour has reduced significantly. Completed.
- **Replacement of St Stephen’s Church board** . The external board was replaced and the internal vicar’s board updated. St Stephen’s congregation answered the call to fundraise for these items. Thanks to all for your contributions. The total cost of replacing/updating the boards was paid in full from your donations. Completed.
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
- **New radio microphones** for sound system. Replacing the radio mics for the sound system. Our plan last year was to replace the radio mics. However, it became clear that the sound desk and microphones needed to be replaced. The Induction Loop was also updated. We have been quoted £4,000 to update the sound desk and microphones. This will be installed in January 2026. The costs are being covered by a generous donation from the Anderson-Okafor family in remembrance of Celia and John Anderson. We extend sincere thanks the family for their generosity. The updated sound desk, microphones and induction loop will enhance the audio experience of our services for all.
- Sincere thanks to Simon Lewis and Bertie Joseph for all their hard work in obtaining the best audio system for us which will benefit all at St Stephen’s for the future. Completed.
## **FUTURE PROJECTS AT ST STEPHEN’S FOR CONSIDERATION:**
- **Oak tree behind the church hall.** In the summer of last year, the Parochial Church Council (PCC) was approached by the insurers of a neighbour on Strathyre Avenue. Their house has been suffering from subsidence due to the clay soil in this area and the roots of the extremely large oak tree behind our hall. We have since established that the growing cracks in the hall are also most likely down to the encroaching tree roots. Over the years, following correspondence with the residents of Strathyre Avenue the oak tree has been crowned on multiple occasions to slow down root growth and the presence of subsidence. However, the situation has escalated, with the PCC being warned of legal action and significant financial liabilities if the tree is left in place.
- The advice from the Diocese was the only sensible course of action is to remove the tree completely. The alternative would be to leave St Stephen’s open to serious legal and financial vulnerabilities. Of course, we are loathe to cut down an aged tree, but we do not have much wriggle room. Ownership of the tree is split 50:50 between ourselves and the owners of 18 Strathyre Avenue. They are also convinced of the need for the removal of the tree and have agreed to pay 50% of all costs relating to the removal of the tree.. The removal of the tree is scheduled for mid-March 2026.
- ESTIMATED COST – St Stephen’s PCC will pay 50% of the full cost= £4,690. There will be further costs relating to repair of the fence, etc. We will fund this through a withdrawal from our reserves. Included in 2026 budget.
- **Asbestos in sheds behind the hall.** It has come to our attention that two of the sheds – one which we rent out, the other we use as a gardening shed – are highly likely cladded with a dangerous form of asbestos. We have closed these sheds to prevent exposure. To remove the asbestos, we will need to hire a professional asbestos removal company who will seal off the area for safe removal. We will need to make the sheds safe and potentially decide how the space could be used going forward.
- ESTIMATED COST- we suspect the removal of the asbestos alone will be £5,000. Included in 2026 budget.
- **The Hall.** Cracks have begun to appear in the church hall again. Our architect has noted that the concrete supports for the hall are deteriorating. These issues are occurring due to movement, partly due to the clay soil, the oak tree, and shallow foundations (the hall was only built to last 40 years, and it has done more than that!). A longer-term project will be looking at how/if we can prolong the life of the hall. We will first have to wait to see if the removal of the oak tree has any impact on the structure of the hall. ESTIMATED COST – some of the costs for making good in the hall has been included in 2026 budget.
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
- **Complete rewiring of the church** . The electrics need to be updated to ensure the church is safe, functional, and fit for purpose in the 21[st] century. During 2025 the circuit which powers the lights around the high altar failed due to degradation and is now defunct – this is a sign of things to come. Although this maybe optimistic, we would very much like to get the rewiring project started in 2026. Simon Lewis has kindly put together an audit designed to gather opinions from the congregation and community about what we would like from a completely new electrical circuit at St Stephen’s. This will go out in mid-2026. ESTIMATED COST **-** This will be a large project. Cost of £60,000+. Not included in 2026 budget.
- **The organ.** Our organist, Andrew Chadney, has been advised the organ will need some significant repair work in the foreseeable future. Many of the internal mechanisms of the organ are now very old and will need replacing. Our aim is to fundraise for this work later in 2026-27, to successfully maintain the beautiful instrument which is integral to our regular worship. ESTIMATED COST: It is estimated repairing the organ will cost £10,000+. Not included in 2026 budget.
- **Redecoration of the church** . The Architect has advised the crumbling walls need urgent attention. Trees and small saplings which were growing along the south wall have been cut back to encourage better drainage. However, the internal walls still need attention. Also once the rewiring is completed redecorating will be necessary. ESTIMATED COST- Not known at this time.
- **Replacing the sandstone step** at the South West entrance. This has been an item for many years on our quinquennial reports. The sandstone flooring in the main entrance of the church is deteriorating and will need attention soon. We would also like to make the entrance to the church more accessible for those with mobility challenges by removing the step. We do not know how expensive this work will be, but it is sure to be another sizeable sum. Again, we would like to get moving with this over the next 18 months or so, depending on how other projects such as the rewiring of the church pan out. ESTIMATED COST- Not known at this time.
The above works are going to require substantial sums of money, some of which we will spend from reserves and some we will need to fundraise for. Now more than ever, your generosity is greatly appreciated and needed. We continue to be incredibly grateful for those who give to St Stephen’s on a regular basis, and to those who will give in the future.
Thank you for taking the time to read this report and continue to be prayerful on how you can increase your financial giving to assist our projects to keep St Stephen’s a place for future generation to enjoy.
If you would like additional explanations relating to our finances, send an email to me at treasurer@ststephensnth.co.uk
Coral Martin Hon Treasurer Parish Church of St Stephen Norbury & Thornton Heath
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **Independent Examiner’s Report to the PCC**
## **of St. Stephen, Norbury & Thornton Heath**
I report on the accounts of the PCC for the year ended 31 December 2025, which are attached.
## **Respective responsibilities of the PCC and the Independent Examiner**
As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit is not required this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act
- Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act and
- State whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. The examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiners statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with s.130 of the 2011 Act; or
- to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the regulations have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signed IDPudney**
__________________________________________________
## **Mr Ian Pudney**
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **2[nd] April 2026**
## **THE PARISH OF ST STEPHEN NORBURY & THORNTON HEATH BALANCE SHEET AS @ 31ST DECEMBER 2025**
|**Restricted Assets**
Fixed Assets - 23 Beechwood Ave
_Note (a)_
Investments - The Edwards Mem. Fund
_Note (b)_
**C**
**urrent Assets:**
Sundry Debtors
_Note (c)_
CBF Church of England Deposit Funds (CCLA)
_Note (d)_
Prepayments
_Note (e)_
Bank Balances-HSBC only in 2025
**D**
**educt Current Liabilites**
Sundry Creditors
_Note (f)_
Net Current Assets
**Total Assets Employed**
**F**
**INANCED BY:-**
Unrestricted Funds as at 1st Jan 2026
Excess Expenditure over Income:
Asset & Restricted Investment Fund
Revaluaton in 2025
_Note (g)_|**2025**
**2025**
**512,000**
**116,290**
**1,235**
**139,526**
**5,846**
**5,984**
**152,591**
**-120**
**152,471**
**780,761**
**160,371**
**-7,900**
**152,471**
**631,133**
**-2,843**
**628,290**
~~**7**~~**80,761**|2024
2024
510,000
121,133
0.00
140,017
5,571
14,782
160,371
0
160,371
791,504
169,317
-8,946
160,371
628,422
2,711
631,133
~~7~~91,504|2024
2024
510,000
121,133
0.00
140,017
5,571
14,782
160,371
0
160,371
791,504
169,317
-8,946
160,371
628,422
2,711
631,133
~~7~~91,504|2024
2024
510,000
121,133
0.00
140,017
5,571
14,782
160,371
0
160,371
791,504
169,317
-8,946
160,371
628,422
2,711
631,133
~~7~~91,504|
|---|---|---|---|---|
||||||
|||||~~7~~91,504|
||||||
## Asset and Restricted Investment Fund
- a) The Freehold Title to 23 Beechwood Avenue given to the Parish at nil cost, Zoopla estimate for Beechwood Ave (lower end of range) 31.12.25
b) 5238.70 Investment Fund Shares in the C.B.F. of the Church of England given to the Parish at nil cost. (The capital of this fund is 'Restricted' by the terms of 'The Edwards Memorial Trust'). Valued by CCLA via their statement letter as of 31/12/2025. Account number CB3016142-001
(c) Sundry debtors for 2025 = £310 unclaimed gift aid due from 23rd-31st Dec 2025; £925 owed for Dec25 by Word of God
- (d) CBF Church of England Deposit funds. Account number CB3035555-01
(e) £5,846 Prepayments - 6mths Church Insurance; 11mths CCLI; 12mths Beechwood Insurance.
(f) Sundry creditor £120 for 2025. Foresters paid in advance for 2026 hall usage. All invoices due for 2025 were paid by 31st December 2025.
(g) Increase of £2k for house value. Reduction of £4,843 in value of Edwards Memorial shares
The above accounts were approved by the Parochial Church Council and signed on its behalf by:
**Fr Daniel Burton ________________________________ Coral Martin___________________________ Vicar Treasurer**
**Date_____________________________________________**
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **THE PARISH OF ST STEPHEN NORBURY & THORNTON HEATH Bank Reconciliation as at 31st December 2025**
|HSBC
NatWest
CCLA Deposit Fund
**Total Opening Balances as @ 1st January 2025**
**DEBTORS:**
Income-HSBC
Income-NatWest as @31st Dec 25
Income-CCLA Deposit Fund (Interest)
Sundry Debtors
Gross Income
**CREDITORS:**
Expenditure
Prepayments
Bank and Digital charges
Income accounted for in prior year
CCLA withdrawn during 2025
Gross Expenditure
**Closing as @ 31st December 2025**
HSBC
CCLA
Net Asset
|3,631.41
11,150.79
140,017.36|154,799.56
157,856.54|
|---|---|---|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **THE PARISH OF ST STEPHEN'S NORBURY & THORNTON HEATH Statement of Financial Activities as at 31st December 2025 – INCOME**
|**Type**|**Descripton**|**2025 INCOME**|**2024 Income**|
|---|---|---|---|
|||||
|Regular Giving|Voluntary Income|£28,927.82|£30,862.15|
|Stewardship envelope|Voluntary Income|£6,579.53|£5,950.61|
|Ofertory-Collecton Plate|Voluntary Income|£6,070.40|3,943.00|
|Flowers, Elements, candles|Voluntary Income|£2,821.32|3,022.00|
|GifAid|Voluntary Income|£16,690.45|£7,365.02|
|Charity Income|Voluntary Income|£0.00|£398.00|
|Special Campaign|Voluntary Income|£2,847.80|£0.00|
|Digital Income-SumUp|Voluntary Income|£2,483.90|£1,289.00|
||
**Voluntary Income**|~~**£66,421.22**~~|**£52,829.78**|
|||||
|Funeral|Church Actvites|£3,147.00|£3,571.00|
|Wedding|Church Actvites|£880.00|£0.00|
|Hall|Church Actvites
|£24,612.21|25,933.00|
||**Church Actvites**|~~**£28,639.21**~~|**£29,504.00**|
|||||
|||||
|Fundraising|Generatng Funds|£3,687.31|£4,500.00|
|Coach Trip|Generatng Funds
|£1,580.00||
||**Generatng Funds**|~~**£5,267.31**~~|**£4,500.00**|
|||||
|||||
|Investment-Rent Income|Investment|£19,107.60|£16,963.50|
|Investment CCLA|Investment|£9,508.54|£10,890.00|
||**Investment**|~~**£28,616.14**~~|**£27,853.50**|
|||||
|VAT Refund|Other income|£2,518.20|£0.00|
|Reimbursement received for
insurance claim|Other income|£15,530.98|£0.00|
|Photocopier|Other income|£0.00|£877.67|
|Donaton-Organ repairs|Other income|£0.00|£1,500.00|
||**Other income**|~~**£18,049.18**~~|**£2,377.67**|
|||||
|||||
||**Total Income**|
~~**£146,993.06**~~|**£117,064.95**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **THE PARISH OF ST STEPHEN'S NORBURY & THORNTON HEATH Statement of Financial Activities as at 31st December 2025 – EXPENDITURE**
|**Type**|**Descripton**|**2025 EXPENDITURE**|**2024 Expenditure**|
|---|---|---|---|
|Repairs-Beechwood|Capital costs|-£1,260.00|-£1,880.00|
|Installaton-CCTV|Capital costs|-£10,884.60|£0.00|
|Decoratng|Capital costs|£0.00|-£900.00|
||
**Capital costs**|~~**-£12,144.60**~~|**-£2,780.00**|
|||||
|Fees to Diocese|Church Actvites
|-£994.00|£0.00|
|Mission-|Church Actvites|-£1,145.00|-£420.00|
|Parish Share Fund|Church Actvites|-£57,261.95|-£56,695.00|
|Priest-Costs|Church Actvites|-£1,026.38|-£70.79|
|Salaries - Cleaning, Organist
& HMRC|Church Actvites|-£9,311.65|-£8,677.00|
|Church Actvity-Hall Hire-
Expenses|Church Actvites|-£39.99|-£50.00|
|Clergy-Interregnum|Church Actvites|£0.00|-£512.00|
|Mtce Organ|Church Actvites
|£0.00|-£4,330.79|
||**Church Actvites**|~~**-£69,778.97**~~|**-£70,755.58**|
|||||
|Church Services|Church Expenses (Running Cost)|-£4,099.12|-£1,716.82|
|Cleaning supplies|Church Expenses (RC)|-£1,399.36|-£689.52|
|Flowers|Church Expenses (RC)|-£2,173.79|-£1,463.00|
|Maintenance-Grounds|Church Expenses (RC)|-£1,957.32|-£4,003.99|
|Maintenance-Annual Servicing|Church Expenses (RC)|-£2,489.38|£0.00|
|Repairs & Mtce Pump Room|Church Expenses (RC)|-£907.00|-£80.00|
|Repairs & Mtce Electricals|Church Expenses (RC)|-£1,080.00|-£1,781.37|
|Repairs & Mtce Heaters|Church Expenses (RC)|£0.00|-£2,886.84|
|Repairs & Mtce Gutering|Church Expenses (RC)|-£1,850.00|£0.00|
|Repairs & Mtce Hall|Church Expenses (RC)|-£1,145.00|-£2,013.03|
|Repairs & Mtce Keys|Church Expenses (RC)|-£102.40|£0.00|
|Repairs & Mtce Kitchen|Church Expenses (RC)|-£1,188.28|£0.00|
|Repairs & Mtce Lady Chapel
roof|Church Expenses (RC)|-£1,400.00|£0.00|
|Repairs & Mtce Sound Desk-
Inducton Loop|Church Expenses (RC)|-£1,531.95|£0.00|
|Repairs & Mtce-Organ|Church Expenses (RC)|-£2,002.54|-£674.40|
|Sunday School & Youth Alive|Church Expenses (RC)|-£229.82|£0.00|
|Insurance-Beechwood|Church Expenses (Trading Cost)|-£520.98|-£487.65|
|Insurance-Church|Church Expenses (TC)|-£9,211.12|-£9,312.89|
|Photocopier-Paper|Church Expenses (TC)|-£272.20|-£800.14|
|Photocopier-Leasing, Usage|Church Expenses (TC)|-£2,282.45|-£2,581.86|
|Other Expenditure-
Advertsing-Cards|Church Expenses (TC)|-£490.08|-£439.60|
|Sundries-CCLI & Stewardship
envelopes|Church Expenses (TC)|-£613.51|-£595.78|
|Utlites Electricity|Church Expenses (Utlites)|-£4,708.30|-£5,633.43|
|Utlites Gas|Church Expenses (U)|-£5,098.01|-£6,018.48|
|Utlites Internet|Church Expenses (U)|-£691.20|-£691.20|
|Utlites Refuse|Church Expenses (U)|-£2,623.75|-£2,491.17|
|Utlites Water|Church Expenses (U)|-£908.58|-£949.40|
||
**Church Expenses**|~~**-£50,976.14**~~|-£45,310.57|
|||||
|Coach to Hastngs|Generatng Funds|-£1,280.00|-£1,350.00|
|Misc-Fundraising|Generatng Funds|-£1,379.71|-£1,781.53|
|Special Campaign-Notce|Generatng Funds|-£2,557.80|£0.00|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
|Board||||
|---|---|---|---|
||**Generatng Funds**|~~**-£5,217.51**~~|-£3,131.53|
|Bank & Digital machine
Charges|Other expenditure|-£101.10|-£471.74|
|Hall deposit-returned|Other expenditure|-£200.00|£0.00|
|Ofce/General Administratve|Other expenditure|-£315.03|£0.00|
|Other Professional Services|Other expenditure|-£708.60|£0.00|
|Other Expenditure-Insurance
repairs|Other expenditure|-£14,380.99|£0.00|
|Misc-Uncategorised Expense|Other expenditure|-£618.15|-£2,272.41|
|Misc-Refreshments|Other expenditure|-£451.75|-£1,004.85|
||
**Other expenditure**|~~**-£16,775.62**~~|**-£3,749.00**|
|||||
||**Total Income**|~~**£146,993.06**~~|**£117,064.95**|
||**Total Expenditure**|~~**-£154,892.84**~~|**-£125,726.68**|
|||||
|**_Year-End adjustment 2023 & 2024_**|||**-£285.89**|
|**Excess expenditure over income**||**-£7,899.78**|**-£8,947.62**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
## **APCM 10[th] May 2026 - TREASURERS REPORT as @ 31st December 2025**
St Stephen Norbury & Thornton Heath Financial report for 2025
|**INCOME for period 1**
**st**
**January 2025 to 31**
**st**
**December 2025**|||
|---|---|---|
||ACTUAL 2025|**FORECAST 2026**|
|**VOLUNTARY INCOME –Regular Giving income= £28,928**
Forecast 2025= £34,000 we were hoping to
raise additional funds from increased
donations and new members paying by
standing order. On average 60 members pay
by standing order each month. Thank you to
the small number of the congregation who
increased their mandates for 2025. However,
there have been generous donations for
special campaign giving of over £3000
**Forecast 2026=£32,000**
**VOLUNTARY INCOME -Stewardship envelope = £6,580**
Forecast 2025= £6,000- we were expecting a
slight increase. Members who have requested
envelopes have said they feel much more
organised giving this way. No scramble for
loose change as the bag arrives.
**Forecast 2026 =£7,000**|£28,928
£6,580|**£32,000**
**£7,000**|
|**VOLUNTARY INCOME – COLLECTIONS AT SERVICES AND**
**OTHER DONATIONS.**
**Ofertory/Collecton Plate = £6,070**
Forecast 2025= £3,500- We did expect it to be
higher but being cautious we set a lower
projection. Pleased with the increase.
**Forecast 2026 =£8,000**
**Donatons-Flowers, Elements, Candles = £2,821**
Forecast 2025 = £3,400: Elements £1,000,
Candles £1,000 and special services, Flowers
£1,400.
Actual Elements- £380
Actual candles- £197
Actual fowers- £2,244
**Forecast 2026 = £3,125**
**Elements-£350**
**Candles-£600**
**Flowers-£2,175**
**GIFT AID RECOVERED = £16,690**
Forecast 2025= £10,000. Gift aid income|£6,070
£2,821
£16,690|**£8,000**
**£3,125**
**£16,000**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
|received for 2025 was £16,690 which included
the £2,450 proper to 2024 donations.
**Forecast 2026=£16,000**
**LEGACY, CHARITY AND SPECIAL CAMPAIGN DONATIONS**
**= £2,848**
Forecast 2025=£nil. We have not been
notifed of any expected legacies for 2025. No
charity campaigns were planned. However, we
collected the following:
Notice Board=£2,535
St Bernard Day=£45
Other=£268
**Forecast 2026= £nil**
**DIGITAL – SUMUP = £2,484**
Forecast 2025=£1,200. We are using the
SumUp machine at events. We have also
created a QR code for donations which is
printed on the newsletter.
**Forecast 2026= £2,000**|£2,848
£2,484|**£nil**
**£2,000**|
|---|---|---|
|**CHURCH ACTIVITIES- INCOME FROM WEDDINGS,**
**FUNERALS, HALL, SHED AND CHURCH HIRE.**
**WEDDING & FUNERAL SERVICES=£4,027**
Forecast 2025= £7,000. We kept the forecast for
weddings and funerals the same as 2024.
2025- The income for Funerals=£3,147; Wedding= £880.
All diocese fees have been paid up to date.
**Forecast 2026=£7,000**
**HALL RENTALS & SHED: £24,612**
Hall Rentals- Forecast 2025=£29,312. We are hoping with
the upgrades to the kitchen equipment will encourage
more ad-hoc bookings.
Shed Hire- Forecast 2025 is £720. No fee increase. Due to
the discovery of asbestos in two of our three sheds we
have suspended rental of two sheds for the tme being.
Actual Regular Hires=£19,594
Actual Ad-hoc=£4,358
Actual Shed hire=£660
**Forecast 2026 Regular Hires= £20,345**
**Forecast 2026 Ad-hoc=£4,500**
**Forecast 2026 Shed hire=£480**|£4,027
£24,612|**£7,000**
**£25,325**|
|**GENERATING FUNDS - FUND RAISING ACTIVITIES**
**FUND RAISING EVENTS = £5,267**
2025-Forecast 2025 is £5,500. Fundraising
Committee to meet in March ‘25 to discuss
future events. The plan is to raise targeted
funds i.e. Quiz Night proft to cover the cost of
replacing the Church Board. We held a Games|£5,267|**£5,020**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
|Night, Quiz Night with Fish & Chip supper,
Black History Month and Christmas Fair. All
events were very well attended.
Actual Fundraising= £3,687
Actual Coach Trip= £1,580
**Forecast 2026 Fundraising =£3,500**
**Fundraising commitee Events in 2026: Games**
**Night, Quiz night, Fashion show, BBQ, cinema**
**nights, Christmas Fair, Bingo.**
**Forecast 2026 Coach Trip=£1,520**
**The coach trip to Rochester in June**
**2026 at £30pp will pay for itself.**||||||
|---|---|---|---|---|---|
|**INVESTMENT – rental of Beechwood Avenue**
Beechwood Avenue income= £19,108
Forecast 2025 is £19,944. Rent has been held at the same
price for 2025. PCC will increase for 2027. Deductons
were made for cost of electrical and gas safety reports
**Forecast 2026=£19,108. No increase**
**INVESTMENT – interest from CCLA Deposit account**
**Forecast 2026=£9,509**|£19,108
£9,509||**£19,108**
**£9,509**|||
|**Other income**– £18,049
Forecast 2025=£10,000.
Income for Insurance claim=£15,531
VAT return=£2,518 for VAT received invoices during
Jan24-Mar25.
**Forecast 2026=£12,700**
**VAT refund for Apr25-Feb26. Expectng £1,700**
**Transfer from CCLA = £7,500**
**Donaton for Sound Desk=£3,500**|£18,049||**£12,700**|||
|**INCOME - 1st January 2025 to 31st December 2025**|**£146,993**|||||
|**FORECAST INCOME FOR 2026**|||**£146,787**|||
|**EXPENDITURE for period 1**
**st**
**January 2025 to 31**
**st**
**December 20254**||ACTUAL
2025||FORECAST
2026||
|**MAJOR CAPITAL EXPENDITURE-MAJOR REPAIRS OR NEW BUILBING**
**WORK TO CHURCH BUILDING, HALL OR OTHER PCC PROPERTY INCLUDING**
**REDECORATION.**
**MAJOR CAPITAL EXPENDITURE= £12,145**
Forecast 2025 is £2,000.
We spent £1,260 on repairs to Beechwood Avenue – Back door,
repairs to radiators and making good wall afer repair. The tenant||(£12,145)||**(£10,000)**||
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
|has advised the front porch pools water when it rains.
The actual fgure for 2025 includes the cost of the CCTV installaton.
This was an expected expense which was covered by withdrawal
from CCLA savings**.**
**Forecast 2026= £10,000. We are expectng to spend on**
**repairs to the front porch doors at Beechwood Ave and**
**resurfacing the hard standing next to vicarage and repairs**
**to the hall.**|||
|---|---|---|
|**CHURCH ACTIVITIES – CLERGY EXPENSES, MISSION, FEES TO THE**
**DIOCESE, SALARIES PLUS STAFFING EXPENSES AND PARISH SHARE**
**FUND.**
**MISSION = £1,145**
Forecast for 2025 is £1050.
Water Aid £100, Croydon Nightwatch £100, Croydon North Citzen
£750, Royal Britsh Legion £50 and Bishop’s Lent Appeal £145.
**Forecast 2026=£1,145 same as 2025**
**FEES TO DIOCESE = £994**
Forecast 2025 is £1,470.
One wedding in Feb 25. We have held eight funerals**.**
**Forecast 2026= £1,000 due to increase in Diocese rates**
**SALARIES & STAFF EXPENSES = £9,312**
Forecast 2025= £8,700 All payments made for cleaning church, hall,
grounds organist, verger and HMRC employer payments.
Increase due to more funerals held this year. We have received the
income for vergers and organist.
**Forecast 2026=£9,312**
**PARISH SHARE FUND = £57,262**
Forecast 2025 is £57,262pa. All PCC’s were requested to increase
our share by 3.5%. Diocese have accepted a 1.5% increase from St
Stephen’s (£4,771.83 pm) with the understanding we will increase
by at least 3% for 2026 (increase of approx. £143pm.
PSF=£4,915pm). Meetng this payment is our greatest challenge.
**Forecast 2026= All PCC’s were asked to increase to 5.75%.**
**The diocese has accepted increase of 4% from St**
**Stephen’s. Our monthly payments will be £4,963=**
**£59,556pa.**
**CHURCH HALL EXPENSES = £40**
**Forecast 2026=£50**
**PRIEST COSTS= £1,026**
Forecast 2025 is £1,000. The expenditure here covers travel, courses
etc for Fr Daniel, Mth Joyce and Aileen Ross (Commissioned Pastoral
Lay Minister.
**Forecast 2026=£1,500 for Fr Daniel, Mth Joyce and CPLM.**|(£1,145)
(£994)
(£9,312)
(£57,262)
(£40)
(£1,026)|**(£1,145)**
**(£1,000)**
**(£9,312)**
**(£59,556)**
**(£50)**
**(£1,500)**|
|**CHURCH EXPENSES:** **CLEANING SUPPLIES, FLOWERS, INSURANCES,**|||
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
||**MAINTENANCE AND REPAIRS, PHOTOCOPIER AND PRINTING, CHURCH**
**SERVICES, SUNDRIES AND UTILITIES.**
**THE DIOCESE REQUEST THESE EXPENSES ARE SPLIT INTO RUNNING,**
**TRADING AND UTILITY COSTS.**
**RUNNING COSTS: CHURCH SERVICES = £4,099**
Forecast 2025 is £1,850 was reduced due to expenditure made in
£2024. However, the costs of increased services and congregaton
numbers in 2025 has meant more spent on elements, oil,
confrmaton books, wafers.
**Forecast 2026= £4,500**
**John Keene has found a company with beter prices. He**
**will switch to them in 2026. The serving team has**
**requested purchase of new albs and cotas. We will ask for**
**donatons towards this expenditure.**
**RUNNING COST- CLEANING SUPPLIES = £1,399**
Forecast 2025 is £900**-**We are thankful many of you took up the
request to purchase black bags and toilet paper. This has helped to
reduce the cost of cleaning supplies. We hope your generosity
contnues and we thank you. We purchased fve toilet roll
dispensers to reduce some of the waste.
**Forecast=£1,400**|(£4,099)
(£1,399)|**(£4,500)**
**(£1,400)**|
|---|---|---|---|
||**RUNNING COST: FLOWERS = £2,174**
Forecast 2025 is £1,400. Sincere thanks to Pam Pearce and her
team of Flower Arrangers who make our church look so beautful all
year round. We are fortunate also that we received of £2,175 worth
of donatons towards the fowers. These donatons have covered the
cost of the fowers for 2025.
We are hopefully that these generous contributons contnue but
predict possible expenditure to be £1,400 if none received.
**Forecast 2026=£2,175**|(£2,174)|**(£2,175)**|
||**RUNNING COST: NEW EQUIPMENT = £nil for 2025**
**Forecast for 2026= £5,000 we are expectng to spend**
**£5,000 updatng the sound desk**
**(moved from capital expenditure)**|£nil|**(£5,000)**|
||**RUNNING COST: GROUNDS– £1,957**
Forecast 2025=£3,000 with the installation of the
CCTV we have found less anti-social behaviour has
occurred during the year. The grounds are still cleared
weekly and the grass was mowed by a gardener
during June to October. As the cost for removal of the
oak tree is not covered by our insurance we will have
to pay £5,000 for this.
**Forecast 2026=£6,920 cost of clearing maintaining**
**grounds and removal of oak tree.**|(£1,957)
(£230)|**(£6,920)**
**(£1,500)**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
||**RUNNING COST-SUNDAY SCHOOL & YOUTH ALIVE £230**
**Forecast 2026=£1,250 for Youth alive; £250 for Sunday**
**School.**
**RUNNING COSTS: REPAIR & MAINTENANCE= £11,207**
Pump room-£907
Electrical-£1,080
Gutering-£1,850
Hall-£1,145
Keys-£102
Kitchen-£1,188
Lady Chapel roof-£1,400
Sound Desk-Inducton loop-£1,532
Organ- £2,003
**Forecast 2026= £11,200. The costs for repairs to Pump**
**room, Kitchen(new hob), Lady Chapel roof and the**
**inducton loop are one-of costs for 2025.**
**CHURCH EXPENSES: ANNUAL SERVICING AND REPAIR=£2,489**
ASG Ltd CCTV £nil (frst payment due March 2026)
Electricity= £nil_(next annual check due 2028)_
Fire= £1,241
Gas= £910
PAT Testng=£139
Lightening conductor=£200
**Forecast 2026= £3,500 includes £1,000 to ASG for**
**maintenance.**
**TRADING COSTS: CHURCH INSURANCE = £9,211**
Cost insurance for Church building and Hall.
Forecast 2025 is £9,965. Premium was lower than expected even
afer claim for break-in.
**Forecast 2026 = £9,500**
**TRADING COSTS: Beechwood Ave= £521**
Forecast 2025 is £522. An increase of 7% on 2024 costs.
Insurance for 2026 paid in Nov25.
**Forecast for 2026= £558**
**TRADING COSTS: PHOTOCOPIER, PAPER & PRINTING=£3.045**
Forecast 2025 was £3,735. This is the cost of leasing, usage and
supplies for the photocopier.
This includes the cost of printng cards for Easter and Christmas
for distribute to the parish. Additonal paper for new service
booklets and the purchase of stewardship envelopes.
Actual £272
Actual £2,282
Actual £490|(£11,207)
(£2,489)
(£9,211)
(£521)
(£3.045)|**(£11,200)**
**(£3,500)**
**(£9,500)**
**(£558)**
**(£2,700)**||
|---|---|---|---|---|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
||
**Forecast 2026- £2,700**
**TRADING COSTS: OTHER PROFESSIONAL COSTS: £1,122**
Forecast 2025 is £965. Includes costs for Quick Books, registraton
to Informaton Commissioner Ofce (ICO) and CCLI licence for
copyright protecton.
**Forecast 2026 = £1,295**
**UTILITIES = £14,030**
Forecast 2025 is £17,150. For 2025 we used Full Power Utlites to
compare the prices across the energy companies and provide us
with the best quotes. Positv Energy and Crown Gas & Power stll
remain the best prices for us. The prices were set in October 2024
before the increase was announced. See actual paid in 2025:
Castle Water £909
Crown Gas & Power £5,098
Positv Energy £4,708
Veolia(refuse) £2,624
Virgin Media £691
**Forecast 2026 =£14,430. We have changed to Honest Utlites to**
**compare the prices across the energy companies and provide us**
**with the best quotes. As a result, we will change our electricity**
**supplier to Britsh Gas from 1st June 2026 to 31st May 2029.**
**Castle Water and Crown Gas & Power remain the best prices for**
**us.**
**Castle Water £950***
**Crown Gas & Power £5,354***
**Positv Energy (6months) £2,355**
**Britsh Gas (6 months) £2,290**
**Veolia(refuse) £2,755***
**Virgin Media £726***
**ASG visit will visit in March 2026. They will advise how to**
**connect their 4G router for Wi-Fi and internet access within the**
**church. Although we had hoped to disconnect the Virgin service**
**we have decided to keep it as we have been asked by hall users**
**for Wi-Fi capabilites in the hall which they will pay towards.**
_*_**_Forecast fgure based on 2025 fgures plus 5%._**|(£1,122)
(£14,030)|**(£1,295)**
**(£14,430)**|
|---|---|---|---|
|**COST OF GENERATING FUND**–
**FUNDRAISING EVENTS - £5,218**
Forecast 2025 is £3,200. The cost of the trip was
covered by ticket sales.
2025 Coach to Hastings=£1,280
2025 Fundraising events=£1,380
2025NoticeBoard campaign=£2,558||(£5,218)|**(£2,680)**|
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026
**----- Start of picture text -----**
Forecast 2026=£2,680
Fundraising committee will meet in the
new year to decide on events for 2026. We
have decided on coach trip to Rochester =£1,280.
Cost of events planned for 2026 = £1,400. Most of the
events will be ticketed to offset the majority of the costs.
OTHER EXPENDITURE- INSURANCE CLAIM (£14,381) £nil
Forecast 2025 – £14,381 actual costs for repairs after break in
Forecast for 2026=£nil. No insurance claims pending.
OTHER EXPENDITURE - £1,886 (£1,886) (£2,300)
Other expenditure for items not listed above includes bank and
digital machine charges, stewardship envelopes, refreshments and
supplies for non-fundraising events ie Carol Service, licencing, after
service teas and coffees, cups for hot drinks, Hall deposit returns.
Also purchase of eight new long tables and covers.
Forecast for 2026 is £2,300
Sunday school=£250. Youth Alive=£1,250 (includes unused
£1,000 donation from Foresters).
Purchase of items for the Carol Service, Christmas, Easter
and refreshments. Wardens expenses.
Actual INCOME & Forecast INCOME &
EXPENDITURE 2025 EXPENDITURE 2026
Income £146,993 £146,787
Expenditure (£154,893) (£151,921)
Excess expenditure over income (£7,900) (£5,134)
**----- End of picture text -----**
TREASURER REPORT FOR 2025 – APCM 10[th] MAY 2026