``` REGISTERED COMPANY NUMBER: 10743504 (England and Wales) REGISTERED CHARITY NUMBER: 1175502 ``` ``` REPORT OF THE TRUSTEES AND ``` ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ``` FOR ``` ``` ST WERBURGH'S DERBY ``` ``` Sibbalds Limited Chartered Accountants and Business Advisers Sixth Floor Cavendish Building 1 Agard Street Derby Derbyshire DE1 1DZ ``` ``` ST WERBURGH'S DERBY ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ||**`Page`**| |---|---| |**`Reference and Administrative Details`**|`1`| |**`Report of the Trustees`**|`2 to 8`| |**`Independent Examiner's Report`**|`9`| |**`Statement of Financial Activities`**|`10`| |**`Balance Sheet`**|`11 to 12`| |**`Cash Flow Statement`**|`13`| |**`Notes to the Cash Flow Statement`**|`14`| |**`Notes to the Financial Statements`**|`15 to 26`| ``` ST WERBURGH'S DERBY ``` ``` REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2025 ``` |**`TRUSTEES`**|`S L Crathorne`| |---|---| ||`V Lewis`| ||`P D Mann`| ||`B T Sams`| ||`A S Ramsay`| ||`A M Savage`| ||`A L Peters`| ||`G Towers`| ||`G Strange`| ||`L F King`| ||`K M Lussi`| ||`H A Prestwich`| |**`REGISTERED OFFICE`**|`St Werburgh's Church`| ||`Friar Gate`| ||`Derby`| ||`DE1 1BU`| |**`REGISTERED COMPANY NUMBER`**|`10743504 (England and Wales)`| |**`REGISTERED CHARITY NUMBER`**|`1175502`| |**`INDEPENDENT EXAMINER`**|`Sibbalds Limited`| ||`Chartered Accountants and Business Advisers`| ||`Sixth Floor`| ||`Cavendish Building`| ||`1 Agard Street`| ||`Derby`| ||`Derbyshire`| ||`DE1 1DZ`| |**`PRINCIPAL BANKERS`**|`The Cooperative Bank`| ||`PO Box 250`| ||`Skelmersdale`| ||`WN8 6WT`| ``` Page 1 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31December2025.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Vision`** ``` Ourobjectivesaresetoutinourgoverningdocument,theMemorandumandArticlesIncorporated27/04/2017 as amendedbyspecialresolutionregisteredatCompaniesHouse13/10/2017.Thecharitywasregisteredwith the Charity Commission on 1st November 2017 (charity number 1175502). ``` ``` The charity'sobjectis the advancementof the Christianreligionthroughthe provisionof an Anglicanplace of worship in Derby as part of the establishment, renewal, and revitalisation of churches within the Anglican communion. ``` ``` TheTrusteesarecommittedtothevisionstatementofthechurchtobuildanauthenticcommunitywhichis Christ centredthatplaysourpartintransformingthecityandbeyond.In accordancewiththevisionstatement,the church aims to meet its objectives through the provision of church services, courses, and planting churches. Given the diversity of the church's activities, performance is measured on a case-by-case basis. ``` ## **`Public benefit`** ``` Inaccordancewithourdutiesasstatedinsection17(5)oftheCharitiesAct,wehaveconsideredthe guidance providedbytheCharityCommissioninregardtopublicbenefit.Thispublicbenefithasbeendemonstratedby the activities undertaken since inception of the charity outlined in this document. ``` ## **`Volunteers`** ``` Thechurchbenefitsfromthededicatedworkofagreatnumberofvolunteers.InaccordancewithFRS102and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts. ``` ``` Page 2 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ## **`ACHIEVEMENTS AND PERFORMANCE`** ## **`Charitable activities`** ``` In2025wecontinuedtoserveourcommunitybyofferingafullprogrammeofactivities-SundayServices, Alpha, CommunityGroups,Kids-,Youth-andStudentwork.WeheldaWerb'sNetworkAwayDay-includingour church plants - at Derby Cathedral School in Derby and attended Focus - the network church holiday. ``` ``` We continuedto buildrelationshipswith organisationsaroundthe city includingDerby City Vision,Derby City Mission, DerbyFoodforThoughtAlliance,CommunityActionDerby,Universityof DerbyStudentUnion,PopWorldand Derby CityCouncil.WedevelopedapartnershipwithSafeandSoundwhouseourgardeninreturnfortheuseof their building for some of our Youth Work. ``` ## **`AGM/Werb's Church Council`** ``` Our Werb's ChurchCouncilhave continuedto meet monthlyaside from April, August and December. Our AGM in April 2025 was well attended - there were no changes to the trustees. ``` ## **`Building Work`** ``` Upgrades to the wiring in the church have been completed as well as some repairs to the roof. ``` ## **`Churchyard Renovation`** ``` The churchyardto the rear of the mainbuildingis now a well-maintainedgardenwithpavedareasandseating.It has beenusedduringoursummersocials,byourkidsandyouthandhostedacommunityfunday.Progresswas made with the counciland St Alkmund'sPCC to progressthe developmentof the landin frontof the church,and it is hoped that some of this will be realised in 2026. ``` ## **`Werb's Central`** ``` OuryoungeryouthandKS2childrencontinuedtousethebuildingonSundaymorningsin2025.Staffcontinue to enjoyuseoftheofficespaceandmeetingroomsforcollaborativeworking.Themainroomisusedregularlyfor a ladies'coffeemorningandhasbeenoccasionallyusedbyothercommunitygroupsandforstaffmeetings and trainings. ``` ``` Renovationstothebuildinginpreparationforsplittingcontinuedanditishopedthattheunusedpartof Werb's Central will be leased in 2026. ``` ## **`Staffing`** ``` Itwasagreedthatthepart-timerolesofCommunicationsAssistantandWorshipCoordinatorshouldcontinue when thecontractsendedin2025.TheWorshipCoordinatorRolewasincreasedto0.6FTEandtheroletitlechanged to Worship Ministry Lead. ``` ``` Inadditiontothis,wealsoappointedanewpart-timeOperationsAssistantandPrayerMinistryLeadfollowing the move of our previous employee to the role at St Eds, we also appointed a part-time Social Action Ministry Lead. Our Youth Pastor returned from maternity leave. ``` ``` We werealsoabletocontinueourMinistryAssistantprogrammebyrecruitingthreenewmemberswhoattend staff meetings and other trainings in addition to contributing fully to the life of the church on a part-time voluntary basis. Two additionalmembersof staffwere appointedto supportourchurchplantsvia ServiceLevel Agreements.This was a full-time Operations Manager at St Francis and a part-time Admin Assistant at St Ed's. ``` ## **`Church Plant - Mackworth (planted 2020)`** ``` At St FrancisMackworth,boththeireveningAlphashadwell over 30 guests,theirworshippingcommunitygrew from 250 to 350 over the year (including110 under 18s). Of this, over 45% of the adults were not attendinga Church before joiningSt Francis.They had the largestEaster since plantingin 2020 and immersed 30 people over the year in baptism or reaffirmation. ``` ``` InordertosupportwhatGodisdoingtheyemployedanOperationsmanagerinJulyandtheDiocesehas supported theiremploymentof a youthministryexperiencescheme member for 11 monthsfrom September2025. A member of the congregation was also licensed as a lay minister in May. ``` ``` AfterEastertheystarteda4pmservicetoenablemorespaceforgrowthandtoreachthosewithsportsin the morningor who work shifts. This congregationis gently growingwith weekly attendanceof about45+ (inc kids) by the end of 2025. ``` ``` Page 3 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ``` Theirmidweekministriesareflourishing:football,chattycrafters,LittleLightsstayandplayandOpenDoor coffee, after school club at Reigate School. Each is seeing people move towards Jesus and becoming part of St Francis. ``` ## **`Church Plant - Allenton and Shelton Lock (planted in 2023)`** ``` Throughout2025,St Edmund'sChurchhas continuedto growin confidence,clarity,andcommunitypresenceas they seek to follow the way of Jesus and play their part in the renewal of Allenton and Shelton Lock. ``` ``` A keyencouragementthisyearhasbeenthestrengtheningoftheirSundayworshippingcommunity.Attendance has remainedsteady,withagrowingsenseofwarmth,welcome,andparticipationacrossallages.One particularly encouragingsignofthishasbeenasignificantincreaseinbaptismsduringtheyear,includingthebaptismofa large extendedfamilyofaround40people.Theseoccasionshaveprovidedmeaningfulopportunitiestosharethe gospel and welcome new families into the life of the church. ``` ``` Children'sandfamilyministryhascontinuedto growin bothdepthandreach.A new toddlergroup,Eddy'sTots, was launchedthis year and now regularlywelcomes around25 attendeeseach week, creatinga warm and accessible entry pointfor familieswithyoungchildren.Alongsidethis,regularchildren'sgroupshave continuedto develop, supported bya committedvolunteerteam.Theirworkinlocalschoolshasalsocontinuedtogrow,buildingstrong relationships with staff, pupils, and families across the parish. ``` ``` Discipleshipandspiritualformationhaveremainedcentraltochurchlife.Alpharanagainthisyear,offering a welcomingand open space for people exploringfaith,with several participantstakingmeaningfulsteps forward. Small groupsandprayergatheringshavecontinuedtoprovidepastoralsupport,spiritualdepth,andastrongsense of belonging. ``` ``` Alongsideministrygrowth,2025hasseensignificantprogressintheirbuildingsandinfrastructure.With generous supportfrommembersofStWerburgh'sandStFrancis,fundswereraisedtoenabletheupgradeofthe electrical supplytothree-phasepower.Thiswork,scheduledfor2026,representsanimportantsteptowardimproving the church'sheatingsystem.Inaddition,thepurchaseoftheScoutHutontheirlandmarksamajormilestone, enabling the church to develop a valuable asset for regular use throughout the week in support of mission and community life. Overall,2025has been a yearof encouragement,growth,andrenewedvisionas St Edmund'scontinuesto serve God and the local community together. ``` ## **`Sunday Services`** ``` Our10.30and6.30SundayServicescontinuewithover300peopleengagingwithourserviceseachweek- either in person or online. ``` ``` AtStWerburgh'swewantchurchtobehomeforeveryonewhocomesthroughourdoors.Throughout2025, the WelcomeandHospitalityTeamshavecontinuedtoofferawarmwelcome,hotcoffee,andafriendlyfaceat every Sundaygathering.We movedrefreshmentsto afterthe servicein September2025to give morechanceforpeople to connect with each other and build community. ``` ``` We held a number of baptism and reaffirmationservices duringthe year with 29 people takingpart in the services and making a public declaration of their faith. ``` ## **`Children`** ``` We'veseenariseinthepastyearofvisitingfamiliesonSundaymorningsandweregularlyseearound35 children across our age groups each week. ``` ``` After a long periodof low attendancein the weekly toddlergroup,the decisionwas made to changethis to a monthly Stay & Play event. This started in September and attendance has been varied so far but has seen some new visitors. We enjoyedanotherreflectiveevent on Good Fridaymorningwith a series of prayerstationswith activitiesfor people ofallages.Itwasgreattoseesomanyofourchurchfamilyaswellasfriendsandfamilyjoinustoreflecton the characters of the Easter story. ``` ``` Overthesummerholidays,we held2 SummerFunDays,openingthechurchandgardentothecommunity.We had refreshmentsandcraftsin the churchas well as an inflatableandgames in the garden.We hadseveralfamilies come along as well as previous visitors and new faces from the local area. ``` ``` OctobersawourannualLightPartywhichisalwayssuchafunandmessyeventforchildrenandtheirfamilies. We were able to use the event to start spreading the word about our Christmas services and events. ``` ``` InsteadofanAdventparty,in2025weheldaCountdowntoChristmasfamilydropineventonthelastSaturday in November.This worked really well as a new event and many people droppedby, especiallyas we advertisedthe event in the Market Hall on the same day. ``` ``` Page 4 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ``` AnewgroupthatstartedinSeptemberareFurnaceNights,agroupforour7-11yearoldsonWednesday evenings. We'vehadalotoffundoingavarietyofactivitiessuchasiceskating,atalentnight,gamesnightsandalotof time with Lego! ``` ## **`Youth`** ``` Throughout2025,ouryouthministryhasexperiencedencouraginggrowth,bothinnumbersandinspiritual depth. Wehavemanynewyoungpeopleatthechurchexploringfaithforthefirsttime.Wehaveseenouryoung people encountermoreof God'sloveas theyexploremeaningfulquestionsaboutfaith,community,anddiscipleship. Strong friendships have formed, creating a supportive environment where they uplift and encourage one another. ``` ``` Oneofthehighlightsthisyearhasbeenthecontinuedengagementofouryoungpeopleinour Wednesday gatherings.Theyhaveleanedintothe bigquestionsof faith,particularlyduringsmallgroupdiscussions,andwe have seenagrowingdesiretoworshipwholeheartedlyanddeepentheirrelationshipwiththeGod.Thesespaces have allowedthemtoshareopenlyaboutwhatisontheirhearts,andwehavecelebratedseveralbaptisms,which have beenavisibleexpressionofthespiritualgrowthtakingplace.Manyhavealsotakenonservingroleson Sunday mornings,contributingto production,hospitality,andchildren'sministries,showinga realwillingnessto get involved and serve the wider church family. ``` ``` OurWednesdayyouthserviceshaveremainedlivelyandwelcoming,filledwithfun,worship,andopportunities to hearwhattheLordisdoingthroughdifferentvoiceswithinthegroup.Asignificantmomentthisyearwasthe Focus gathering,wherethesenseoftogethernessthatdevelopedwaswonderfultowitness.Theyouthteamwere deeply encouraged by the spiritual growth we saw as young people worshipped and prayed for one another. ``` ``` InOctober,theyouthenjoyeda weekendaway,whichprovidedvaluabletimetodeepenrelationshipsandseek God together.WefocusedonaskingtheLordtobuildstrengthandresilienceintheirlives.Duringthistime,there were several moments where youngpeoplesharedwords of prophecyand encouragementwith one another.Many sensed God speaking clearly to them about what He was doing in their lives and were reminded of their identity in Him. ``` ``` Overall,ithasbeenafruitfulandencouragingyear,wehadapositiveexperiencewithsomeyoungpeopleat Alpha, we'vegrownrelationshipswithoutsideorganisationstoexploreyouthoutreachandwehopetocontinue investing andbuildingwiththeJosephWrightCollegeandCathedralSchoolin2026.Welookforwardwithexcitementto the continuedgrowthandnewopportunitiesaheadasouryoungpeopleexploreandsharetheirfaith.Wewantto see them step forward with evangelising and sharing the good news with their peers. ``` ## **`Students & Young Adults`** ``` Ourworkwith18s-25shascontinuedtogrowoverthepastyearfollowingonfrombuildingastrongbaselast year. We have seen lots of new studentsand young adults join us this year and there has been deep communityform within this group. ``` ``` We are continuingto see peoplejoinus who have no or littlechurchbackgroundbut have felt stirredto explore faith whichisveryexciting.Tuesdayeveningsarewellestablishedandtherehasbeengrowthinthecommitment and involvement from our older students in these evenings. ``` ``` TeaandToasthascontinuedthroughouttheyearwithsomenightsbeingquieterthanothersbutalwaysa steady streamofpeopletoconnecttoandincreasinglydeeperconversations.Wekeepprayingthattheseconnections will draw people towards church. ``` ``` Asweheadinto2026we'reexcitedtoseeallthatGodisdoingamongstthe18s-25scontinuetogrowand develop and especially as we look towards our weekend away which is always a highlight. ``` ## **`Alpha`** ``` Alphais a ten-week course and gives guests an opportunityto explorequestionsof faith and the meaningof life. Each week the courseconsistsof a meal,watchinga talkwithpausebreaksfordiscussionaroundwhathasbeen watched. Eachcourseismadeupofanumberofgroups,andeachAlphagrouphastwohostsandtwohelpers,which meant thatalongwiththecateringteamwhoprepare,cook,andservethemealeachweek,therewasatremendous team effort. ``` ``` In2025we ranAlphaonTuesdayeveningsinboththeSpringandAutumnTerm.Eachcoursealsohadan'away day' onaSaturday,whichweranjointlywithotherchurchesatStFrancisChurch,Mackworth.FromSeptember to December a coupleof members of our congregationran alphaat Rolls-Royce,where they work.These courseshad 44 guests in total. ``` ``` Page 5 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ``` Thisyearsawtheintroductionofaphoneappwhichenabledgueststoreceiveaccesstoeachoftheweekly videos along with additionalresources;this worked well with many guests tellingus they found it helpful.Throughout2025 it was a joy to meet new people, several of whom were not previouslychurchgoers, on the Alpha course and see people develop a faith in Jesus for the first time. ``` ## **`Werb's Communities`** ``` Communitieshavecontinuedtogrowoverthepastyear.Wehavesetup3newgroupsandnowthemajorityare a goodsizewithafewstillhavingspacestogrow.Wehaveimprovedtheprocessforfeedingpeopleintogroups and we'resogratefulforleaderswhowillalwaysrespondpositivelytoarequestfornewpeopletojoin.Thereisa good heart for welcoming and including people across the church. ``` ``` Thesecommunitiesarefoundationalforthechurchandhelpprovidepastoralcareandcommunity.The leadership teamhavetriedtomeetwiththeleadersindividuallyovertheyeartogetupdatesandworkouthowbestwe can providesupport.The groupsmainlyfollowvideosthatare linkedto our sermonseries allowingconsistencywith what isbeingtaughtonSundaysandhelpingkeeppeopleconnected.Wewillcontinuetousethismethodofteaching in 2026 although some groups are now using other options as well such as RightNow Media to supplement it. ``` ## **`Social Action`** ``` 2025hasbeenayearwherewehavebuiltthefoundationsforoursocialactionministry,grownanddeveloped our City-wide network and started to make connections with local families. ``` ``` TheLoveYourNeighbourtrainingcoursehasbeeninstrumentalinhelpingtodefineandshapetheworkthat we believe God is callingus to do in the City and has provideda frameworkfor us to developa 5-year strategyand vision. Inputfromthecongregationhasfurtherrefinedourthinkingtoaninitialfocusonfamiliesandchildrenliving in poverty.RunningtwoholidayclubsinthesummerandatChristmashasenabledustobuildrelationshipswith the localauthorityaswellaswithanumberoffamilieswhohaveattendedbothsessions.Aparticularhighlightof this was the family meal. ``` ``` Thesummerofsocialactionwasagreatopportunitytoinviteourchurchfamilytogetinvolvedinsocialaction and sawusprayerwalkingandlitterpickingbeforeourSummerSundayservices-wehadagreatturnoutmost weeks despite the weather not always being on our side! ``` ``` Love Christmassaw us deliver over 500 bags of kindnessacross the City to families and individualslivingin isolation or forwhomChristmaswouldbeadifficulttime.Allofthefamiliesandindividualshadbeenreferredtous from charities,schoolsandorganisationsthatwe have builtrelationshipswithduringthe year.Ourchurchfamily donated generouslytowardsthebagsofkindnessanddidanincrediblejobmakingover500Christmasdecorationsaswell as decoratingand packingthe bags of kindness.It was great to be able to invite partnerorganisationsin the City into the Church to join us at these packing events. ``` ## **`Prayer`** ``` Our daily 7am prayer zoom groupcontinuesto meet Monday-Fridaymost weeks and are deeply committedto praying for the churchandthe cityandwiderneeds.They are faithfulandconsistentin prayerandit's amazingto see all that God has done in response. ``` ``` WecontinuedourregularKingdomComeeveningswhicharerunacrossthenetworkwitheachchurchhosting two evenings.Thesehavebeenwellattendedandhavebeengreattimesofworshipandprayerinunityforourcity. We are seeing momentum build and God working powerfully. ``` ``` WehavecontinuedtoconnectwiththeCitywideprayereventswhichhavebeengreattohelpbuild connection acrossthecityandtobeprayingtogetherwithawiderfocusandindifferentstyles.Thereisagreatsense of cross-church unity which has continued to build and strengthen. ``` ``` PrayerministrycontinuestobeofferedatourSundayservicesandtheteamiscommittedandconsistent. The responsetotheofferofprayerministryisverymixedbutwehaveseensomeencouragingchangesand greater responsivenessas wellas havinggooddiscussionswithinteamandwiderleadershipgroupsabouthowwe best offer this and make it accessible and understandable for all. ``` ``` Page 6 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ## **`Comms and Social Media`** ``` Wehavecontinuedtoseeincreasedengagementonsocialmediaduring2025.SinceAugust2024,our Instagram followershaveincreasedby 16%,Facebookfollowersby 7%, andTikTokfollowersby 219%.Over a 90 dayperiod, we had 73k views on Instagramand 42k on Facebook.Our most viewed post on Instagramand Facebookin the past year hasbeenour'NewtoChurch?'post.Thiswasmadetoinvitenewpeopletochurch,providemore accessible informationaboutwhatchurchlookslikeandhowpeoplecangetinvolved.Wehopetoseemoregrowthover the next year as we continue to collaborate with the Werb's Network with various projects. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` At theendof thereportingperiod,thecharityhadtotalfundsof £1,845,864.Restrictedfundstotalled£694,500 and unrestrictedfundstotalled£1,154,364.Ofthe£1,154,364unrestrictedfunds,£800,233weredesignatedtothe new buildingfund(representingthenetbookvalueofthenewbuildingandimprovementworks)andthe remaining £351,131 were general unrestricted funds. ``` ``` IntheyeartotheendofDecember2025,thecharityreceivedatotalof£479,961againstexpenditureon charitable activitiesof£574,642.Restrictedfundsreceivedintheperiodtotalled£34,747,thesewerereceivedfor various projects such as Love Your Neighbour, Social Action, and other smaller projects. ``` ## **`Reserves policy`** ``` Thedirectorsaimtoholdfreereserves(i.e.unrestrictedfundslessfixedassets)equaltoapproximately3months of expenditureas contingencyfor unexpectedevents. At the end of 2025 the balanceof free reserves came to £326,103, which is sufficient to comply with the reserves policy. ``` ``` Additional reserves held as designated are detailed in the notes to the financial statements. ``` ## **`FUTURE PLANS`** ``` TheCharityplansoncontinuingtheactivitiesoutlinedaboveintheforthcomingyearssubjecttosatisfactory funding arrangements.We hope to lease part of one of our buildingsout commerciallyto generateadditionalrevenue to fund our mission ``` ``` Wewillbecontinuinganddevelopingthewayweresourceourchurchplantsaswellasplanningforthenext one whilst increasing our mission to young people in the city. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` StWerburgh'sDerbyisaCharitableIncorporatedOrganisationregisteredintheUKwithTheCharityCommission of EnglandandWales(registerednumber:1175502).StWerburgh'sDerbyisgovernedbyMemorandumandArticles of Association 27/04/2018 as amended by special resolution registered at Companies House 13/10/2017. ``` ## **`Decision making`** ``` The Trusteesmonitorand advise on financialand strategicdecisions.They supportthe LeadershipTeam which directs theongoingoperations.TheBusinessandFinanceCommitteeareresponsibleformakingdecisionsonallmatters of generalconcernandhow the fundsof St Werburgh'sare to be spent.The FinanceCommitteeis representativeof the congregation and includes the Lead Minister, Operations Manager and Treasurer and one other nominated trustee. ``` ## **`Induction and training of new trustees`** ``` ProceduresfortherecruitmentandappointmentofTrustees/DirectorsarelaidoutintheMemorandumand Articles of Association. New trustees are elected by members of the church. ``` ``` Allstaff,volunteersandTrusteesundergoaformalrecruitingandselectionprocess,followedbyaninduction period thatincludesanytrainingconsiderednecessarytoeffectivelyperformtheirrole.SeniorManagementofthe church consists of clergy, whose pay is set via stipend, the level of which is set by the Diocese. ``` ``` Page 7 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ## **`SAFEGUARDING`** ``` TheTrusteeshaveadoptedtheChurchofEngland'ssafeguardingpolicyrelatingtochildren,youngpeople and vulnerablepeopleandhavean appointedParishSafeguardingLinkwhohascompletedthe Diocese'straining courses in safeguarding young people and vulnerable adults. ``` ``` TheDirectorsarecommittedtotheprinciplesof bestpracticeinrelationtosafeguardingandcomplieswiththe duty undersection5 oftheSafeguardingandClergyDisciplineMeasure2016inrespectofhavingdueregardtoHouse of Bishops'guidanceonsafeguardingchildrenandvulnerableadults.Theguidancecanbe readinfullontheChurch of England official website. ``` ``` Use oftheParishSafeguardingDashboardtoauditoursafeguardingpracticesis ongoing.Thishelpsustoreview our policiesandproceduresandensuresthatourstaffandvolunteershavethecorrectleveloftrainingaccordingto the Church of England guidelines. ``` ``` Safeguardingconcernswithinthe churchare dealtwith usingthe supportof the SafeguardingTeam at Derby Diocese. We continue to work hard to make the church a safe and welcoming place for everyone. ``` ``` During2025thetrustees/Werb'sChurchCouncilhavecompliedwiththerequirementsimposedbythecode under section 5A of the Safeguarding and Clergy Discipline Measure 2016. ``` ## **`EVENTS SINCE THE END OF THE YEAR`** ``` Information relating to events since the end of the year is given in the notes to the financial statements. ``` ``` Approved by order of the board of trustees on 2 April 2026 and signed on its behalf by: ``` ``` P D Mann - Trustee ``` ``` Page 8 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST WERBURGH'S DERBY ``` ## **`Independent examiner's report to the trustees of St Werburgh's Derby ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 December 2025. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheAssociationofChartered Certified Accountants, which is one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` David Bowler FCCA ACA BFP CTA ``` ``` Sibbalds Limited Chartered Accountants and Business Advisers Sixth Floor Cavendish Building 1 Agard Street Derby Derbyshire DE1 1DZ ``` ``` 2 April 2026 ``` ``` Page 9 ``` ``` ST WERBURGH'S DERBY ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`Charitable activities`**
`4`
`Students, Youth, Children & Communities`
`Alpha & Events`
`Worship & Services`
`Social Action & Outreach`
`Church Planting`
`Investment income`
`3`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`5`
`Students, Youth, Children & Communities`
`Alpha & Events`
`Mission Giving`
`Worship & Services`
`Social Action & Outreach`
`Common Fund - Parish Share`
`Church Planting`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
`15`
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
`354,845`
`56,585`
`6,222`
`10,888`
`1,556`
`-`
`4,618`
`10,500`
`445,214`
`229,231`
`53,836`
`9,247`
`109,140`
`13,884`
`78,372`
`10,000`
`503,710`
`(58,496)`
`(5,153)`
`(63,649)`
`1,215,013`
`1,151,364`|`Restricted`
`funds`
`£`
`34,747`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`34,747`
`25,632`
`12,574`
`-`
`22,066`
`10,660`
`-`
`-`
`70,932`
`(36,185)`
`5,153`
`(31,032)`
`725,532`
`694,500`|`2025`
`Total`
`funds`
`£`
`389,592`
`56,585`
`6,222`
`10,888`
`1,556`
`-`
`4,618`
`10,500`
`479,961`
`254,863`
`66,410`
`9,247`
`131,206`
`24,544`
`78,372`
`10,000`
`574,642`
`(94,681)`
`-`
`(94,681)`
`1,940,545`
`1,845,864`|`2024`
`Total`
`funds`
`£`
`472,912`
`3,207`
`1,832`
`3,207`
`458`
`458`
`6,307`
`5,000`| |---|---|---|---|---| |||||`493,381`| |||||`156,468`
`62,290`
`9,000`
`122,422`
`30,754`
`76,089`
`32,213`| |||||`489,236`| |||||`4,145`
`-`| |||||`4,145`
`1,936,400`| |||||`1,940,545`| ``` The notes form part of these financial statements ``` ``` Page 10 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`BALANCE SHEET`** ## **`31 DECEMBER 2025`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`12`
**`CURRENT ASSETS`**
`Debtors`
`13`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`14`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`15`
`Unrestricted funds:`
`General Fund`
`New Building Fund`
`Jerusalem Trust Grant`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
`852,873`
`32,086`
`291,894`
`323,980`
`(25,489)`
`298,491`
`1,151,364`
`1,151,364`|`Restricted`
`funds`
`£`
`683,016`
`1,000`
`11,054`
`12,054`
`(570)`
`11,484`
`694,500`
`694,500`|`2025`
`Total`
`funds`
`£`
`1,535,889`
`33,086`
`302,948`
`336,034`
`(26,059)`
`309,975`
`1,845,864`
`1,845,864`
`351,131`
`800,233`
`-`
`1,151,364`
`694,500`
`1,845,864`|`2024`
`Total`
`funds`
`£`
`1,624,647`
`69,355`
`266,385`
`335,740`
`(19,842)`
`315,898`
`1,940,545`
`1,940,545`
`313,886`
`841,127`
`60,000`
`1,215,013`
`725,532`
`1,940,545`| |---|---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 31 December 2025. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 11 ``` ``` ST WERBURGH'S DERBY (REGISTERED NUMBER: 10743504) ``` ## **`BALANCE SHEET - continued`** ## **`31 DECEMBER 2025`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon2 April2026and were signed on its behalf by: ``` ``` P D Mann - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` ST WERBURGH'S DERBY ``` ## **`CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025`** |`Notes`
**`Cash flows from operating activities`**
`Cash generated from operations`
`1`
`Net cash provided by operating activities`
**`Cash flows from investing activities`**
`Purchase of tangible fixed assets`
`Interest received`
`Net cash provided by/(used in) investing activities`
**`Change in cash and cash equivalents in the`**
**`reporting period`**
**`Cash and cash equivalents at the beginning`**
**`of the reporting period`**
**`Cash and cash equivalents at the end of`**
**`the reporting period`**|`2025`
`£`
`31,945`
`31,945`
`-`
`4,618`
`4,618`
`36,563`
`266,385`
`302,948`|`2024`
`£`
`30,727`
`30,727`
`(28,470)`
`6,057`
`(22,413)`
`8,314`
`258,071`
`266,385`| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 13 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`** |**`Net (expenditure)/income for the reporting period (as per the`**
**`Statement of Financial Activities)`**
**`Adjustments for:`**
`Depreciation charges`
`Interest received`
`Decrease/(increase) in debtors`
`Increase in creditors`
**`Net cash provided by operations`**|`2025`
`£`
`(94,681)`
`88,758`
`(4,618)`
`36,269`
`6,217`
`31,945`|`2024`
`£`
`4,145`
`92,320`
`(6,057)`
`(64,450)`
`4,769`| |---|---|---| |||`30,727`| ## **`2. ANALYSIS OF CHANGES IN NET FUNDS`** ||`At 1.1.25`|`Cash flow`|`At 31.12.25`| |---|---|---|---| ||`£`|`£`|`£`| |**`Net cash`**|||| |`Cash at bank`|`266,385`|`36,563`|`302,948`| ||`266,385`|`36,563`|`302,948`| |**`Total`**|`266,385`|`36,563`|`302,948`| ``` The notes form part of these financial statements ``` ``` Page 14 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ``` The presentation currency of the financial statements is the Pound Sterling (£). ``` ## **`Income`** ``` Donationsandotherincomearerecognisedwhenreceivedand,anestimateofincometaxrecoverable is recognised when the related donations are recognised. ``` ``` Grants and legacies are accountedfor as soon as the churchis notifiedof its legal entitlement,the amount due is quantifiable and its ultimate receipt is probable. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful life. ``` |`Freehold property`|`- 2% on cost`| |---|---| |`Long leasehold`|`- 2% on cost`| |`Improvements to property`|`- 10% on cost`| |`Plant and machinery`|`- 20% on cost`| |`Fixtures and fittings`|`- 10% on cost`| |`Computer equipment`|`- 33% on cost`| ``` All capital items are written off in the year of purchase except those costing over £1,500. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ``` continued... ``` ``` Page 15 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to which they relate. ``` ## **`2. DONATIONS AND LEGACIES`** |`Donations`
`Grants`
`Grants received, included in the above, are as follows:`
`Jerusalem Trust Grant`
`Other grants`
**`3.`**
**`INVESTMENT INCOME`**
`Interest on investments`
**`4.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Venue hire`
`Students, Youth, Children & Communities`
`Seconded employees`
`Students, Youth, Children & Communities`
`Venue hire`
`Alpha & Events`
`Seconded employees`
`Alpha & Events`
`Venue hire`
`Worship & Services`
`Seconded employees`
`Worship & Services`
`Venue hire`
`Social Action & Outreach`
`Seconded employees`
`Social Action & Outreach`
`Venue hire`
`Church Planting`
`Seconded employees`
`Church Planting`|`2025`
`£`
`366,901`
`22,691`
`389,592`
`2025`
`£`
`-`
`22,691`
`22,691`
`2025`
`£`
`4,618`
`2025`
`£`
`1,406`
`55,179`
`703`
`5,519`
`1,230`
`9,658`
`176`
`1,380`
`-`
`-`
`75,251`|`2024`
`£`
`328,917`
`143,995`|`2024`
`£`
`328,917`
`143,995`| |---|---|---|---| |||`472,912`|| |||`2024`
`£`
`120,000`
`23,995`|| |||`143,995`|| ||||`2024`
`£`
`6,307`
`2024`
`£`
`518`
`2,689`
`296`
`1,536`
`518`
`2,689`
`74`
`384`
`74`
`384`| ||||`9,162`| ``` continued... ``` ``` Page 16 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`5. CHARITABLE ACTIVITIES COSTS`** |**`CHARITABLE ACTIVITIES COSTS`**|||| |---|---|---|---| |`Students, Youth, Children &`
`Communities`
`Alpha & Events`
`Mission Giving`
`Worship & Services`
`Social Action & Outreach`
`Common Fund - Parish Share`
`Church Planting`|`Direct`
`Costs`
`£`
`197,542`
`37,750`
`9,247`
`81,050`
`17,379`
`78,372`
`10,000`
`431,340`|`Support`
`costs (see`
`note 6)`
`£`
`57,321`
`28,660`
`-`
`50,156`
`7,165`
`-`
`-`
`143,302`|`Totals`
`£`
`254,863`
`66,410`
`9,247`
`131,206`
`24,544`
`78,372`
`10,000`| ||||`574,642`| ## **`6. SUPPORT COSTS`** |**`SUPPORT COSTS`**|||| |---|---|---|---| |`Management`
`&`
`£`
`Students, Youth, Children & Communities`
`39,834`
`Alpha & Events`
`19,917`
`Worship & Services`
`34,855`
`Social Action & Outreach`
`4,979`
`99,585`|`Buildings`
`maintenance`
`£`
`15,303`
`7,651`
`13,390`
`1,913`
`38,257`|`Governance`
`costs`
`£`
`2,184`
`1,092`
`1,911`
`273`
`5,460`|`Totals`
`£`
`57,321`
`28,660`
`50,156`
`7,165`| ||||`143,302`| ``` Supportcostshavebeenallocatedtoactivitiesbasedontheestimatedtimeandresourcesspentonthe area concerned throughout the period concerned. These allocations are estimated as follows: ``` ||**`2025`**|**`2024`**| |---|---|---| |`Students, Youth, Children & Communities`|`35.00%`|`35.00%`| |`Alpha & Events`|`20.00%`|`20.00%`| |`Social Action/ Outreach`|`5.00%`|`5.00%`| |`Church Planting`|`5.00%`|`5.00%`| |`Worship & Services`|`35.00%`|`35.00%`| ||`-------------------- `|`--------------------`| ||`100.00%`|`100.00%`| ``` continued... ``` ``` Page 17 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`7. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` |`Depreciation - owned assets`
**`TRUSTEES' REMUNERATION AND BENEFITS`**
`Trustees' salaries`|`2025`
`£`
`88,758`
`2025`
`£`
`-`|`2024`
`£`
`92,320`| |---|---|---| |||`2024`
`£`
`2,097`| ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ## **`Trustees' expenses`** ``` Duringtheyear,expenseswererepaidtotwotrusteestotalling£293(2024:£90).Theserelated to reimbursement of costs incurred by trustees in carrying out their duties. ``` ## **`9. STAFF COSTS`** |`Wages and salaries`
`Social security costs`
`Other pension costs`
`The average monthly number of employees during the year was as follows:`
`Employees`
`No employees received emoluments in excess of £60,000.`||`2025`
`£`
`178,744`
`14,057`
`11,381`
`204,182`
`2025`
`12`||`2024`
`£`
`109,609`
`8,746`
`10,678`| |---|---|---|---|---| |||||`129,033`| |||||`2024`
`6`| ## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ||`Unrestricted`|`Restricted`|`Total`| |---|---|---|---| ||`funds`|`funds`|`funds`| ||`£`|`£`|`£`| |**`INCOME AND ENDOWMENTS FROM`**|||| |`Donations and legacies`|`449,226`|`23,686`|`472,912`| |**`Charitable activities`**|||| |`Students, Youth, Children & Communities`|`3,207`|`-`|`3,207`| |`Alpha & Events`|`1,832`|`-`|`1,832`| |`Worship & Services`|`3,207`|`-`|`3,207`| |`Social Action & Outreach`|`458`|`-`|`458`| |`Church Planting`|`458`|`-`|`458`| |`Investment income`|`6,307`|`-`|`6,307`| |`Other income`|`5,000`|`-`|`5,000`| ``` continued... ``` ``` Page 18 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` |**`10.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -`**
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Students, Youth, Children & Communities`
`Alpha & Events`
`Mission Giving`
`Worship & Services`
`Social Action & Outreach`
`Common Fund - Parish Share`
`Church Planting`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|**`continued`**
`Unrestricted`
`funds`
`£`
`469,695`
`139,397`
`49,235`
`6,000`
`105,350`
`11,949`
`76,089`
`29,774`
`417,794`
`51,901`
`1,256`
`53,157`
`1,161,858`
`1,215,015`|`Restricted`
`funds`
`£`
`23,686`
`17,071`
`13,055`
`3,000`
`17,072`
`18,805`
`-`
`2,439`
`71,442`
`(47,756)`
`(1,256)`
`(49,012)`
`774,542`
`725,530`|`Total`
`funds`
`£`| |---|---|---|---| ||||`493,381`| ||||`156,468`
`62,290`
`9,000`
`122,422`
`30,754`
`76,089`
`32,213`| ||||`489,236`| ||||`4,145`
`-`| ||||`4,145`
`1,936,400`| ||||`1,940,545`| ## **`11. INDEPENDENT EXAMINER'S REMUNERATION`** ``` Theindependentexaminersremunerationamountstoanindependentexaminationfeeof£3,200 (2024: £3,200) and other fees of £2,260 (2024: £1,570). ``` ``` continued... ``` ``` Page 19 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`12. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 January 2025 and 31 December 2025`
**`DEPRECIATION`**
`At 1 January 2025`
`Charge for year`
`At 31 December 2025`
**`NET BOOK VALUE`**
`At 31 December 2025`
`At 31 December 2024`
`Plant and`
`machinery`
`£`
**`COST`**
`At 1 January 2025 and 31 December 2025`
`59,869`
**`DEPRECIATION`**
`At 1 January 2025`
`59,869`
`Charge for year`
`-`
`At 31 December 2025`
`59,869`
**`NET BOOK VALUE`**
`At 31 December 2025`
`-`
`At 31 December 2024`
`-`
**`13.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Prepayments and accrued income`|`Freehold`
`property`
`£`
`683,748`
`45,583`
`13,675`
`59,258`
`624,490`
`638,165`
`Fixtures`
`and`
`fittings`
`£`
`101,995`
`67,592`
`10,202`
`77,794`
`24,201`
`34,403`|`Long`
`leasehold`
`£`
`715,140`
`80,777`
`13,463`
`94,240`
`620,900`
`634,363`
`Computer`
`equipment`
`£`
`59,111`
`55,789`
`3,322`
`59,111`
`-`
`3,322`
`2025`
`£`
`10,589`
`22,497`
`33,086`|`Improvements`
`to`
`property`
`£`
`480,931`
`166,537`
`48,096`
`214,633`
`266,298`
`314,394`
`Totals`
`£`
`2,100,794`
`476,147`
`88,758`
`564,905`
`1,535,889`
`1,624,647`
`2024`
`£`
`241`
`69,114`
`69,355`| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ``` continued... ``` ``` Page 20 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Trade creditors`
`Pensions control`
`Accruals and deferred income`|`2025`
`£`
`4,195`
`-`
`21,864`
`26,059`|`2024`
`£`
`9,633`
`454`
`9,755`| |||`19,842`| ## **`15. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General Fund`
`New Building Fund`
`Jerusalem Trust Grant`
**`Restricted funds`**
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
`CRT New Building Improvements`
`Raymond Ross DBF`
`Diocesan Grants: MRI`
`Social Action Donations`
`Love Christmas`
`Collective Tea and Toast`
`Just Sow - Tea and Toast`
`Winter HAF 2025`
`Summer HAF 2025`
`Diocesan Grants: Quick win`
**`TOTAL FUNDS`**|`At 1.1.25`
`£`
`313,886`
`841,127`
`60,000`
`1,215,013`
`1,140`
`18,334`
`87,200`
`340,800`
`254,599`
`-`
`18,646`
`4,813`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`725,532`
`1,940,545`|`Net`
`movement`
`in funds`
`£`
`42,724`
`(40,894)`
`(60,326)`
`(58,496)`
`(285)`
`(2,473)`
`(24,024)`
`(6,950)`
`(5,785)`
`(1,529)`
`(2,500)`
`(499)`
`(1,492)`
`10,000`
`(215)`
`(12)`
`(86)`
`507`
`(406)`
`(436)`
`(36,185)`
`(94,681)`|`Transfers`
`between`
`funds`
`£`
`(5,479)`
`-`
`326`
`(5,153)`
`-`
`-`
`-`
`-`
`-`
`1,529`
`-`
`-`
`1,492`
`-`
`1,192`
`12`
`86`
`-`
`406`
`436`
`5,153`
`-`|`At`
`31.12.25`
`£`
`351,131`
`800,233`
`-`| |---|---|---|---|---| |||||`1,151,364`
`855`
`15,861`
`63,176`
`333,850`
`248,814`
`-`
`16,146`
`4,314`
`-`
`10,000`
`977`
`-`
`-`
`507`
`-`
`-`| |||||`694,500`| |||||`1,845,864`| ``` continued... ``` ``` Page 21 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`15. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General Fund`
`New Building Fund`
`Jerusalem Trust Grant`
**`Restricted funds`**
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
`CRT New Building Improvements`
`Raymond Ross DBF`
`Diocesan Grants: MRI`
`Social Action Donations`
`Love Christmas`
`Collective Tea and Toast`
`Just Sow - Tea and Toast`
`Winter HAF 2025`
`Summer HAF 2025`
`Diocesan Grants: Quick win`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`445,214`
`-`
`-`
`445,214`
`-`
`-`
`-`
`-`
`-`
`6,350`
`-`
`-`
`4,476`
`10,000`
`6,409`
`500`
`1,000`
`1,580`
`2,944`
`1,488`
`34,747`
`479,961`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(402,490)`
`42,724`
`(40,894)`
`(40,894)`
`(60,326)`
`(60,326)`
`(503,710)`
`(58,496)`
`(285)`
`(285)`
`(2,473)`
`(2,473)`
`(24,024)`
`(24,024)`
`(6,950)`
`(6,950)`
`(5,785)`
`(5,785)`
`(7,879)`
`(1,529)`
`(2,500)`
`(2,500)`
`(499)`
`(499)`
`(5,968)`
`(1,492)`
`-`
`10,000`
`(6,624)`
`(215)`
`(512)`
`(12)`
`(1,086)`
`(86)`
`(1,073)`
`507`
`(3,350)`
`(406)`
`(1,924)`
`(436)`
`(70,932)`
`(36,185)`
`(574,642)`
`(94,681)`| |---|---|---| ``` continued... ``` ``` Page 22 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`15. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General Fund`
`New Building Fund`
`Jerusalem Trust Grant`
**`Restricted funds`**
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
`CRT New Building Improvements`
`Warm Welcome`
`City Vision`
`Focus Event`
`Living Room`
`Raymond Ross DBF`
`Diocesan Grants: MRI`
**`TOTAL FUNDS`**|`At 1.1.24`
`£`
`280,723`
`881,135`
`-`
`1,161,858`
`1,425`
`20,806`
`114,624`
`347,750`
`260,362`
`3,767`
`21,146`
`1,689`
`825`
`-`
`2,148`
`-`
`-`
`774,542`
`1,936,400`|`Net`
`movement`
`in funds`
`£`
`31,907`
`(40,008)`
`60,000`
`51,899`
`(285)`
`(2,472)`
`(27,424)`
`(6,950)`
`(5,763)`
`(3,147)`
`(2,500)`
`(30)`
`(1,159)`
`(1,290)`
`(1,257)`
`4,813`
`(290)`
`(47,754)`
`4,145`|`Transfers`
`between`
`funds`
`£`
`1,256`
`-`
`-`
`1,256`
`-`
`-`
`-`
`-`
`-`
`(620)`
`-`
`(1,659)`
`334`
`1,290`
`(891)`
`-`
`290`
`(1,256)`
`-`|`At`
`31.12.24`
`£`
`313,886`
`841,127`
`60,000`| |---|---|---|---|---| |||||`1,215,013`
`1,140`
`18,334`
`87,200`
`340,800`
`254,599`
`-`
`18,646`
`-`
`-`
`-`
`-`
`4,813`
`-`| |||||`725,532`| |||||`1,940,545`| ``` continued... ``` ``` Page 23 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`15. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General Fund`
`New Building Fund`
`Jerusalem Trust Grant`
**`Restricted funds`**
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
`CRT New Building Improvements`
`Warm Welcome`
`City Vision`
`Focus Event`
`Living Room`
`Raymond Ross DBF`
`Diocesan Grants: MRI`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`349,695`
`-`
`120,000`
`469,695`
`-`
`-`
`1`
`-`
`22`
`15,777`
`-`
`-`
`(1,159)`
`2,010`
`(845)`
`5,000`
`2,880`
`23,686`
`493,381`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(317,788)`
`31,907`
`(40,008)`
`(40,008)`
`(60,000)`
`60,000`
`(417,796)`
`51,899`
`(285)`
`(285)`
`(2,472)`
`(2,472)`
`(27,425)`
`(27,424)`
`(6,950)`
`(6,950)`
`(5,785)`
`(5,763)`
`(18,924)`
`(3,147)`
`(2,500)`
`(2,500)`
`(30)`
`(30)`
`-`
`(1,159)`
`(3,300)`
`(1,290)`
`(412)`
`(1,257)`
`(187)`
`4,813`
`(3,170)`
`(290)`
`(71,440)`
`(47,754)`
`(489,236)`
`4,145`| |---|---|---| ## **`Unrestricted funds`** ``` Thenewbuildingfundreflectsmonieswhichhavebeendesignatedbythetrusteeswiththepurpose of financing the new premises at 11-12 Friar Gate. ``` ``` TheJerusalemFundreflectsmoniesreceivedfromtheJerusalemTrusttowardsoperationsandprojectsas a resource church. ``` ## **`Restricted funds`** ``` StrategicDevelopmentFunds (SDF) representfunds received from the ChurchCommissionersin relationto the purchase,improvementand developmentof the church.This balancenow representsthe bookvalue of assets purchased using the funding as described above. ``` ``` Thebuildingfund(non-SDF)reflectsmoniesraisedwithinthecongregationandfromelsewheretowards the purchaseofthechurchbuilding.Thisbalancenowrepresentsthebookvalueofassetspurchasedusing the funding as described above. ``` ``` TheCRTNewBuildingFundreflectsmoniesreceivedtoassistinpurchasingnewpartofthechurchin 2022. This balance now represents the book value of assets purchased using the funding as described above. ``` ``` TheSocialActionfundreflectsmoniesreceivedtoassistwithfundraisingactivitiestomakea positive difference within the community. ``` ``` continued... ``` ``` Page 24 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`16. EMPLOYEE BENEFIT OBLIGATIONS`** ``` ThecharityparticipatesinthePensionBuilderSchemesectionof CWPFforlaystaff.CWPFis administered by theChurchofEnglandPensionsBoard,whichholdstheCWPFassetsseparatelyfromthoseofthe Employer and other participating employers. ``` ``` PensionBuilder2014isacashbalanceschemethatprovidesalumpsumwhichmembersuseto provide benefitsatretirement.Pensioncontributionsarerecordedinanaccountforeachmember. Discretionary bonusesmaybeaddedbeforeretirement,dependingoninvestmentreturnsandotherfactors.The account, plus any bonuses declared is payable, unreduced, from age 65. ``` ``` There is no sub-division of assets between employers in each section of the Pension Builder Scheme. ``` ``` Theschemeisconsideredtobeamulti-employerschemeasdescribedinSection28ofFRS102.This is becauseitis notpossibletoattributethePensionBuilderScheme'sassetsandliabilitiestospecific employers andmeansthatcontributionsareaccountedforasiftheSchemewereadefinedcontributionscheme. The pensions costs charged to the SoFA in the year are the contributions payable (2025: £14,214, 2024: £10,678). ``` ``` A valuationof the Pension BuilderScheme is carriedout once every three years. The most recent valuation was carried out as at 31 December 2022. ``` ``` ForthePensionBuilder2014section,thevaluationrevealedasurplusof£8.5montheongoing assumptions used. There is no requirement for deficit payments at the current time. ``` ``` The next valuation is due as at 31 December 2025. ``` ``` Thelegalstructureoftheschemeissuchthatifanotheremployerfails,StWerburgh'sDerbycould become responsible for paying a share of the failed employer's pension liabilities. ``` ## **`17. RELATED PARTY DISCLOSURES`** ``` Duringthe year, the charityentered into transactionswith RDX Pro-Audio,a tradingname of Simon Lewis who is the husbandof trustee VivienneLewis. Purchasesof £787 (2024: £1,213)were made duringthe year and the balance outstanding at the year end was £Nil (2024: £Nil). ``` ``` Duringtheyear,thecharityenteredintotransactionswithEliteKitchens&Bathrooms(Cheadle)Ltd, a companywhotrusteeAndrewSavageis a directorof.Purchasesof £8,211(2024:£27,996)weremade during the year and the balance outstanding at the year end was £Nil (2024: £Nil). ``` ``` Duringtheprioryear,thecharitymadepaymentsof £130to CharlieKingwhois thesonof trusteeLinda King for him to play at Sanctuary. ``` ``` Duringthe prioryear, the charitymade donationsof £726 to TOGS ClothingBank who trusteeAntheaPeters is the founder of. ``` ``` Duringtheprioryear,thecharitypaidexpensesof£685toAnnaMann,thewifeoftrusteeReverend Philip Mann. ``` ``` Duringtheyear,thecharityalsopaidexpensestoHannahSams,thewifeoftrusteeBenjaminSams, totalling £1.420(2024:£131).HannahSamsalsoreceivedgrossremunerationincludingemployers pension contributions totalling £29,953, in the year (2024: £28,472). ``` ``` All of the above transactions were made at arm's length. ``` ``` continued... ``` ``` Page 25 ``` ``` ST WERBURGH'S DERBY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 ``` ## **`18. POST BALANCE SHEET EVENTS`** ``` Subsequentto the year end, the charityentered into negotiationsto lease out 12 Friar Gate, a property owned by the charity.The propertywas recognisedas a fixedasset at 31 December2025.It is expectedto be used as an investment property in the next financial year. ``` ``` Thischangeofusewasnotcommittedtoatthereportingdate,andthereforedoesnotprovideevidence of conditionsexistingat31December2025.InaccordancewithFRS 102Section32andtheCharitiesSORP, no adjustment has been made to the carrying value of the asset at the year end. ``` ``` Page 26 ```