www.smwc.online THE PAROCHIAL CHURCH couNaL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL'S WANDSWORTH COMMON Olocese of Southwark Charity Nurnber 1185687 St Michael's Wandsworth Common Report and Accounts For the year ended 31 December 2025
ST MICHAEL'S. WANDSWORTH COMMON Report and Financial Ststements 2025 Contents Page Legal and administrative information Report of the Parochial Church Council Independent Examinerfs report to the Parochial Church Councll 14 ststement of Financial Activltles 15 Balance Sheet 16 Note5 to the financial sL)tements 17
ST MICHAEL'S, WANDSWORTH COMMON Legal and Administrative Information For the year ended 31 Decernber 2015 Charity name and nurnber The Parochial Church Council of the Ecclesiastical Parish of St Michael's Wandsworth Common. Charity number 1185687. The Parish was established in 1881. Prlnclpal Address St Michael's Church and Halls. Cobham Close. London SWII 65P Members of the PCC The PCC who served during the year and who were serving at the date of this report were: Vicar Reverend fiffany-Alice Ewins Licensed Lay Reader Tom Holmer Churchwardens Tom Holmer {elected APCM 2020, resigned March 20251 Justin Walford lelected APCM 20251 Connie Parker-Dhinakaran (elected APCM 2025) PCC Secretary Andrew Davies Fiona Holmer lelected APCM 2021. resigned March 20251 lelected APCM 20251 Treasurer James Cunningham (elected APCM 20191 Elected Lay Representatlves Ebenezer Appiagyei Mike Bankole Lara Haggar Mark Horley lelerted APCM 20231 (elected APCM 20231 (elected APCM 20241 (elected APCM 20241 Lay Representatives to the Oeanery Synod Vacant Professional Advisers and Agents Bankers Lloyds Bank plc 18 Acre Lane. London SW2 5SQ Independent Examiner JCS Accountsnts Ltd 5 Robin Hood Lane, Sutton. Surrey SMI 25W Quinquennial Inspertor Hanslip & Company Ltd The Old Church, Wyke Rood. Chichester, Sussex P019 8HA
ST MICHAEL'S. WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 Detember 2025 The Parochial Church Council of the Ecclesiastical Parish of St Michael's, Wandsworth Common "PCC") submit5 Its report and financial statements of the PCC for the year ended 31 December 2025. The financial statements have been prepared in the forniat prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities ISORP2019 IFRS10211 and the Financial Reporting Standard 102. The legal and administrative inforniation set out earlier in this document forms part ofthis report. The PCC works with the incumbent to promote the whole mission of the Church within the Parish. It also has responsibility for maintenance of St Michael's Church and Halls. l. Structure. Governance and Management The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. At St Michael's the PCC consists of the incumbent, churchwardens and members elected by those members of the congregation who are on the electoral roll. All those who attend our services are encouraged to register on the electoral roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding how the funds of the PCC are to be spent. The full PCC met 6 times during the year. The Standing Committee, conslsting of the incumbent, Churchwardens, Secretary and Treasurer, typically meets in intervening months when there is no PCC meeting and met 4 times in 2025 gNen holiday periods. All PCC minutes are available at the Church and the latest set of minutes are posted on the church website. The electoral roll is updated annually and totally refreshed every 6 years. That exercise was completed in 2025 given the pmious one was 2019. The electoral roll for St Michael's in 2019 was 37 and in 2025 stood at 61. The PCC maintains a Risk Register which is reviewed regularly and is satisfied that there are procedures in place to mitigate major risks faced by the PCC in its primary mission of promoting the whole mission of the Church and its responsibility for the fabrit of the buildings. The key areas of risk and the associated controls are set out below. Governance- the PCC is the board of trustees for St Michael's Church and meets regularly. At these meetings, the PCC make decisions on the running of the church and deal with the a550ciated risks. Guidance and policies Iparticularly on safeguarding) come from the Diocese of Southwark. The PCC is responsible for strategy. plannin& managing conflicts of interest and employment of staff.
ST MICHAEL'S. WANDSWORTH COMMON Report of the Parothial Church Counal For the year ended 31 December 2025 Two Churchwardens are elected for a term of office of one year. as the representatives of the Bishop to oversee the Church building and contents, and to assist the vicar. Following the resignation of one of the Churchwardens in Marth 2024. there was only one in office until March 2025 when Justin Walford and Connie Parker-Dhinakaran were elected. We are grateful to Tom Holmer for his period in office and he remains very much involved in the lrfe of St Michael's as Licensed Lay Reader. Operatlonal- the day-to-day operations of the Church are run under the direction of the vicar, who has operational and managerial responsibility for three part-time members of Staff and any volunteers. The church building and halls provide space for worship. community work and activity. There is a programme of regular maintenance on the buildings and a Quinnquennial inspection of the fabric is undertaken by an architect every fNe years with the results guiding the plan for any remedial work. An inspection took place during 2024. The work of the church, over and above conditions set by the Church of England, is governed by St Michael's Mission Action Plan. The Church runs artivities for young people and has both children and vulnerable adults taking part in activitie5 on the premises. It ha5 a safeEuarding policy designed by the Church of England / Diocese of Southwark. To meet compliance with GDPR there is a privacy notice on the church website and training in cyber security has been provided for the Parish Project Manager who deals with the records. A regular Action Report is circulated to the standing commrttee highlighting progress on work and activities. Financlal - the Church is reliant on donations from the congregation and rentsl income from the hire of its buildings. An annual budget is prepared that takes a conservative approach to income and a prudent view on expenditure. Monthly accounts are reviewed. and future expenditure can be reduced if necessary. Financial controls are in place to prevent misuse of funds, including all payments requiring two authoriser5. An annual budget is produced and approved by the PCC and APCM and the accounts are verified by an independent examiner. The PCC is responsible for the maintenance of the church buildings and halls which are the property of the Diocese. Environmental or e](ternal fartors- the Church has links with many external organisations, including local schools and businesses. This work has been led and developed by the vicar in conjunction with the PCC and includes relations with Glass Door. Sparkle, Wandsworth Citizens. The St Michael's Community Gospel Choir. local state and private primary schools, and Bolingbroke Academy. Risks in this area are mitigated by keeping control on the projects. and by application of the safeguardin8 policy. 2. Objectlves, Artivities and Stratezles The PCCS objective is promoting the whole mission of the Church. and it also has responsibility for the maintenance of St Michael'5 Church and Halls. The PCC is committed to enabling as many people as possible to worship at the church and for all members ofthe community to benefit from the spaces we have. Our ststement of purpose i5A churchfor oll who live, work. learn ondpluy in the neighl)ourhood.
ST MICHAEL'S, WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit. We try to enable ordinary people to live out their faith as part of our parish community through: Worship and prayer Learning about the Gospel Mission and outreach work Provision of pastoral care for people INing in the parish To facilitate this work, it is important that we maintain the fabric of St Michael's Church and Halls. 3. Revlew of the Year Mission Artion Plannin ~MA In 2025 the MAP work continued with a focus on our values: l. Direrted by Jesus 2. AttentNe to need 3. Offering whays in our hands 4. Thankful 5. Enabling all ages to participate 6. Developing a culture of "try." Setvices 10am Holy Communion is our principal Sunday service. On the 4th Sunday of the month our 10am service becomes an all-age Service of The Word which starts with croissants and pastries and ends with coffee. A children'5 group meets once a month as part of the 10am service. retuming at the end to share what they have learnt or done with the whole congregation. In October 2025. we launched Messy Church, a family focused time where all ages join in to worship, pray and learn by having fun making things, doing science. telebratin& serving one another and eating together. Messy Church takes place on the afternoon of the third Sunday of the month. During the summer school holidays. the pattern of services changes with Sunday5 more frequently being Services of Morning Prayer and a Go Visiting Sunday when the congregation 15 encouraged to attend another church and bring back any suggestions for how we can improve what we do. On Tuesdays, there is a Holy Communion service at Ipm. This quiet reflective service takes place in the Lady Chapel and has a small loyal group of worshippers.
ST MICHAEL'S, WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 In 2024, given our culture of "trf, we added a new sung worship service that took place one Thursday evening each month. The seice provided an informal meeting for sung worship and prayer in the church building. There was a small and loyal group of worshippers from the 5t Michael's congregation. but after 12 months we decided to pause and reflert on its longer term role within the calendar. Our dementia friendly service known as Sparkle Saints takes place on a Wednesday afternoon. It continues to be the only form of weekly collertNe worship for about 6 of the members. We continued to have visitin8 speakers on a Sunday moming and thi5 year they came from the following organisations: Glass Door Justice Defenders Medair St George's Primary School In 2025 we held no weddings. 2 baptisms, and 3 funerals in the church building. Small Grou St Michael's has a regular programme of small groups that meet throughout the week that allow people to interact. develop friendships and discuss and strengthen their Faith. The Bible Study Group meets weekly online. The Walk and Talk group meets every few months after the morning service and walks across the Common, usually to the County Ams, and di5CUSS the sermon and day to day news. In Lent two groups met to look at the call of Jesus to be non-violent disciple5. There are two weekw prayer meetin85 held online one focused around Justice and Peace with the other offering more general Parish Prayers. The Being With course that has been run since Autumn 2023 was run for the third time with 6 participants. A Twenties and Thirties group meets regularly each week for a meal bible study. prayer and a chance to talk and learn together. This year they led a discussion at the Bishop of Kingston's Lay Study Day held at St Cecelia's School. The Martha and Mary group. named after the two sisters who are disciples of Jesus in the gospels. begun in 2024 continued to prosper in 2025. The group meets for a meal on a Tuesday evening and then discusses patterns of prayer and spirituality, poetry as worship and other ideas that are brought by the members of the group and fit the theme of growing discipleship in daily life.
ST MICHAEL'S. WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 The annual pilgrimage took place in October with a visit to Ely Cathedral. Following Holy Communion. pilgrims participated in a a pilgrimage around the cathedral itself before attending Sung Evensong. Outreach The Baby and Toddler group met most Mondays for 90 minutes with regular attendance of around 20 adults and 20 children. The group is an opportunity for being with one another and welcoming new parents and carers to the area or this stage of life. We are grateful that we continue to be a welcome guest at Honeywell Infant and Junior Schools taking separate assemblies there for Years One and Two, Years Three and Four, and Years Five and Six once each per month. We also provided three whole year RE lesson5 for the Junior School on themes requested by them. Belleville School brought their Year One to the church in January to look at what you can learn about Christian belief through the church building and items within it. In December we continued to provide a much loved and appreciated venue for schools to rehearse and perform their concerts and plays for Christmas. We hosted eight schools and estimate well over 31KJO people were welcomed into the church that month. The Palm Sunday donkey procession took us out into the community. gathering outside the local ice- cream cafe with our local black majority church to Worship in a shared outdoor service. In Advent we once again provided a donkey and sheep for a 'Nativity enclosure, as part of the Northcote Road Christmas Lights switch on and handed out our Christmas fyer detailing SerVis. Regular Services are held on Wandsworth Common in order to be visible to the wider community and to enjoy God's creation. Our earliest both in time of year and start time was the dawn seNice on Easter Sunday while the largest was again our Caro15 on the Common on Christmas Eve, which is becoming a local tradition with a ConggatIon of over 350 singing carols accompanied by a brass ensemble. We were grateful for the support of Chelwood Partners that enabled us to have a brass quintet rather than quartet. The Good Friday Walk of Witness saw members of the congregation join with other local churches to carry a Cross from St Michael's to Clapham JunrtH)n stopping for hymns, prayers and readings along the route. In July we ran an event forwomen entitled -Gatherthe Tribe". This wasattended by 43 women. Our guest speaker, Rev Jayne Manfredi, spoke on the subject of her book, "Waking The Women" which is about the spiritualty of women in perimenopause. In addition Kirsty McKell coached the participants in developing a positive relationship with their body. The afternoon ended with Holy Communion. With the Church office open weekdays Monday to Thursday. the church was available for private prayer during office hours.
ST MICHAEL'S. WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 Children During 2025 we recruited Sally Newman to be the Children and Families Worker. Sally started in June and now takes the lead on work with local schools and running Messy Church. The monthly Sunday morning meetings for Children through the year have continued to be enjoyed by the 8-10 children who regularly attend while the three Me55y Church sessions so far have provided a comfortable Setting for more families to attend. In September the children had an outing to Chessington Wodd of Adventure5 to have fun, build friendships and get to know Sally better. Gos el Choir The St Michael's Community Gospel Choir led by Cecilia Wickham-Andersoft had another exciting year. Monday rehearsals are attended by up to 30 members. The choir perfornied at Sunday services once a month and the Carol Service in December. The relationship with HMP Wandsworth continues with the choir taking part in 3 acts of worship there. Outside of services, there was a successful concert in the church in November, "Songs in the Key of Life" inspired by the music of Kirk Franklin, attended by congregation, family and friends while in December the choir sang at Trinity Hospice. Battersea Welcomes Refu ees BWR Battersea Welcomes Refugees began to help connect landlords with the scheme run by Wandsworth Council whith brings vulnerable people from Syria to Wandsworth so that they could be housed. Once here, BWR provided a contact person to help the family with school issues, language learning, transport. translations, medical appointments, shopping- a whole range of things that enable them to settle well in the area. Given changing world circumstances, BWR'5 work now also provides support for Afghan refugees. BWR hosts parties and gatherings and provides grants or gifts for thing5 like training. holiday clubs, Eid gifts, business OPFX)rtunities and outings. BWR is supported by 7 local churches and St Michaeys provide 3 volunteer5 in key roles. The BWR committee communicate regularly to remain updated on the progress of the families. arkle St Michael's launched Sparkle. an intergenerational initiative. in June 2023. building on a programme developed by a nearby church, St Michael's and St Stephen's in Southfields. Our sessions were originally run by Emma Chisholm. who leads that initiative, but are now led by Jo Sykes with Emma providing overall direction. The weekly Wednesday session sees the older generation meet, then sing or do a craft with children from one of two local riursery schools. take part in an exercise class. have lunch or home-made soup with rolls and butter and then engage with children from one of our local junior schools a5 they learn together. The success of Sparkle to date has led other parishes to explore how they can launch wt in their churches.
ST MICHAEL'S, WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 This activity was supported by grants and awards from Age Concem and the Faith and Belief Awards. Separate from Sparkle but also positioned to serve this part of our community and help combat loneliness, the Film Club continues to take place on alternate Thursday afternoons Showing a range of films suggested by participants, in the Bolingbroke Room. Glass Door In November 2025, St Michael's started its fourth season in partnership with Glass (Yoor. Their staff and our volunteers feed and accommodate up to 30 homeless people once per week over the winter months. Glass Door manage the allocation of guests to each of the churches that provide accommodation and staff who are present throughout the night while St Michael's provides volunteers to cook, serve and talk to the guests. The volunteers, comprising both members of the con8regation and local residents. work in teams on a monthly rota. This year. Christma5 Eve fell on a St Michael's Glass Door evening and it was fitting to be able to provide accommodation on the day we remember that there was no room atthe inn for Mary and Joseph. The St Michael's community donated small appropriate gifts for the guests. Wandsworth Citizens St Michael's continued to be member5 and supporters of Wandsworth Citizens and a church member is part of the Wandsworth Citizens leaderfs forum. Since we have been involved, we have been able to encourage more local organisations to join and given our re50urtes, having achieved that will be stepping away from membership but will continue to endorse the organisation. Other Communi Use of the Buildin Two nurseries rent spate during term time and offer early years education. The Nightingale Montessori nursery use the Upper Hall while Little Leamers use the Crypt. Fair Play School uses the Church on Saturday mornings to provide fun for children with special learnin8 needs and a couple of hours of respite for their carers. The l and 2 South Battersea Brownies meet on Tuesdays in the Upper Hall. Our other regular users include piano lessons, karate, ballet Ifor both the young and the old), maths tutoring, yoga and fitness classes (again for both young and oldl- We continue to have ad hoc hires in our other space5 including children and adult parties and community meetings. Eco-church Recognising the current climate challenges, St Michael's is on a journey to become an eco-church measuring itself through a programme run by A Rocha, a Christian charity working to protect and restore the natural world and committed to equipping Christians and churches in the UK to care for the environment. We currently have a Bronze but are working on Sifver especially by teaching and taking practical steps to improve our carbon footprint both as a group of people living in local homes
ST MICHAEL'S, WANDSWORTH COMMON Report of the Partxhlal Church Council For the year ended 310ecernber 2025 and through our buildings. The Church Ecomiser heating system installed ir7 late 2023 allowed the removal of the old gas boiler for the Church buildin& reducing our use of fossil fuels in 2024. Both electricity and gas (for the hall boiler) are on green tariffs. In 2025, initial work was done to explore the possibility of installing solar panels on the roof of the building. Office Administration Sarah Taylor, Parish Projects Manager, was responsible for progressing key building projects and managing risk assessments to allow the buildings to be open and for use. The most sigrbificant projects in 2025 were the overhaul and repair of the Hall windows and the installation of a new sound system. Janet Lindsay, Bookings Administrator. handles all the hires and ensures the buildings are clean and tidy for use. Both made valuable contributions to the life of St Michael's. Pro andE ment The latest Quinquennial inspections for both the Church and Halls was undertaken in 2024. The inspections inform the long term repair and maintenance programme for both buildings. The key areas that require attention are the Hall Windows, Hall Roof Lantern, Hall Staircase plasterwork and redecoration, and repainting of the Bellcote. The Hall Windows and Hall Staircase were addressed during 2025 and the other key projects are being planned for future years. some will require separate fund raising. A new sound system was installed within the church. ensuring attendees of large services, concerts and school nativities can hear wherever they are Sitting. A significant project for 2026 is to decorate the North Porch and install glass doors looking into the main church space. Some preparatory work was undertaken during the year. 4. Flnancial Review Financial Activi and Position St Michael's main Sources of income are voluntary donations and lettings income from use of the Church and the Halls. Total unrestrirted income for the year increèsed to E211,20212024: £197,991) and restricted income increased to £21.51412024- £18,1691- Restricted fund grants were received from Age Concern and the Faith and Belief Awards for Sparkle. Fresh Expressions gave a grant towards Messy Church. An unrestricted grant was also received from the Listed Places of Worship Scheme in relation to VAT incurred on the various building projects. Donations, before income tax was reclaimed. increased to £106,78712024= £94,960) resulting in Income tax retlaimed also increasing to £20.296 {2024= £17,3141- The PCC uses the Parish Giving Scheme, an online system run by the Church of England which simplifies the collection of gift aid on both regular giving and one off gifts. The majortty of regular givers use this scheme with a number opting in for the annual automatic increase in line with inflation. io
ST MICHAEL'S, WANDSWORTH COMMON Report of the Parochial Church Counol For the year ended 31 Decernber 2025 Lettings income increased to £90,31012024= £78.7821 due to a further increase in ad hoc parties and meeting room bookings, additional hours by one of the nurseries and several holiday camps. Other income came from musical concerts and tickets for the Gather the Tribe event. Interest income fell to £57512024- £1,171) due to lower average cash balances, given expenditure on the church redecoration in 2024 and on the hall windows and sound system in 2025. and the fall in interest rates. Total expenditure reduced to £225,53512024- £250.3591 due to the Hall window project being significantly below the cost of the Church redecoration undertaken in 2024. Restricted expenditure was £19,63812024= £9,6091. Mission and Evangelism spend rose to £27.29912024.. £24.6351. The main Mission and Evangelism expenditures were on Sparkle, which, in the year. was supported by restricted funds of £7,229 and the Gospel Choir which benefited from restricted funds of £l.010. Restrirted funds of £620 paid for the Messy Church sessions, a new initiative accounted for within Mission and Evangelism. Our Diocesan Parish Support Fund contribution rose to £17,85112024: £15,1JX)I while other charitable giving increased to £18,66612024.' £14,21KJI. Ongoing building maintenance, which excludes major projerts such as the Hall windows, was slightty behind 2024 at £22.65812024= E24,3151. A new regu5ar donation allocated towards this tontributed £2,196. Utility Costs fell to £21,27412024'. £29,690) reflerting the new Ecomiser system and better energy management. Salaries and honoraria increased to £29,54312024: £16,898) given salary increases but more significantly the recruwtment of the Children and Families Worker. The latter was supported by restricted funds from grants and donations from the congregation. Depreciation was broadly in line with the prior year at to E17,14312024= £17,9291- The new sound system was installed in the final quarter so had minimal impact on the charge in the year. We ended the year with a surplus of £7.18112024= deficit £34,199). Without the major Hall Windows project this would have been £27,796 which compare5 to an undedying 2024 surplus of £24,365 after adjusting for the church decoration and hall toilets undertaken in that year. Expenditure on fixed assets was £21.133 which was the cost of the new sound system. Reserves Poli It is PCC policy to try to maintain a balance on free ServeS. i.e. those unrestricted funds not invested in tangible fixed asset5 or long term investments, to at least 4 months, unrestricted payments but excluding external charitable givin& discretionary repairs and redecoration as these can be teased should circumstances require. This is calculated at approximatety £45.CXXI. Current reserves are above this level. li
ST MICHAEL'S. WANDSWORTH COMMON Report of the Parochial Church Council For the year ended 31 December 2025 Investment Poli Funds are Current held in a Lloyds Bank current account. a Lloyd5 Bank savings account and a CBF Church of England Deposit Fund. 5. Plans for the Future In 2026, St Michael's is undergoing a listening exercise amongst the congregation and wider community which will help inform future plans but we will continue to work to be a welcoming church and develop initiative5 underway since 2019= Extending and deepening relationships with schools Using the flexibility of the building from the stackable seating in the church to increase use by the local community Growing the Community Gospel Choir and other community engagement activitie5 Continue to work towards becoming an Ecofhurch. exploring the opportunity to instal solar panels Encourage all members of the congregation to participate in one of the many group5 or activities in addition to attending Sunday seThI5. Continue the provision of seNices to the older generation through the development of the Sparkle intergenerational session. Continue the provision of pastoral care for any in the parish. Maintain the Glass Door service as a key part of St Michael's activities. Grow a peer group of church and local children who have fun and are growing in faith through the Children and Familie5 Worker and Messy Church. 6. Responsibilities of Trustees for the Financial Statements The PCC is responsible for preparing the report and the financial statements in accordance with applicable law and the United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practicel. The Church Accounting Regulations 2(Y)6 require the PCC to prepare financial statement5 for each financial year which give a true and fair view of the state of affairs of the PCC and of its financial activitie5 for that period. In preparing those financial ststements, the PCC is required to: Selert suitable accounting policies and apply them consistently ObseThe the methods and principles of the Charities SORP Make judgements and estimates that are reasonable and prudent State whether applicable standards have been followed, subjert to any departure5 disclosed and explained in the financial statements Prepare the financial statements on the Eoing concern basis unless It 15 inappropriate to presume that the activities of the charity will continue 12
sr MICHAEL'S, WANDSWORTH COMMON Report of the Parochlal Church Coundl For the year ended 31 December 2025 Investment Poli The PCC is responsible for keeping proper accounting records which disclose with reasonable ccuracy at any time the financial F)OSition of the Council and enable them to ensure that the financial statement5 comply with the Charities Art 2011, the Charity IAccount5 and Reports) Regulations 2008 and the provisions of the goveming document, the Parochial Churth Council Powers Measure and the Church Representation Rules. The PCC 15 also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 7. Approval The report of the Parochial Church Countil was approved by the PCC on 13th April 2026 and signed on its behalf by.. Revd. Tiffany-Alice Ewins Chalr 13
ST MICHAEL'S, WANDSWORTH COMMON Independent Examinerfs Report to Parochial Church Council of St Mlchaefs. Wandsworth Common I report to the charity trustees on my examination of the accounts of the Parochial Church Council of St Michael's, Wandsworth Common Ithe Church) for the year ended 31 December 2025 set out on pages 15 to 25. Responslbllltles and basis of report As the charitws trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Att 20111'the Act'l. I report in respect of my examination of the Church's accounts as carried out under section 145 of the Act and in cafryin8 Out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examlnerfs ststement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination 8ivin8 me cause to believe that in any material respect.. accounting records were not kept in respect of the Church as required by section 130 of the Act,. or the accounts do not accord with those records.. or the accounts do not comply with the applicable qUirementS concerning the form and content of accounts set out in the Charities IAccount5 and Report) Regulations 2008 other than any requirement thai the accounts 8ive a 'true and fair view, which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of Accountin8 and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and the Republic of Ireland IFRS 1021 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Miriam Hickson cfA FCA JCS Accountants Limited 5 Robin Hood Lane Sutton, Surrey SMI 2SW Date 20 k)Z 14
ST MICHAEL'S. WANDSWORTH COMMON ststement of Financial Activities (including income and expendtture account) For the year ended 31 Decernber 2025 Toi¥ 2024 117. 21.514 113.579 1&1e9 131,748 554 82,687 Otrer tr•JY¥J 917S8 S7S 211302 .514 Z31716 197.991 141 21&16V FU$ 11 12,998 237,361 4 198.188 19. 217, T¢*d Ey•nd4w• 19. 240.7S) 250,359 S305 41759 3.125 <3.1251 11.2301 (120) 7.1BI {41.521) {341 117.712 143. 18.207 17T.508 I&IA90 117,7T2 Z4537 143.30 15
ST MICHAEL'S. WANDSWORTh COMMON Balance Sheet As at 310ecember 2025 T•t 10ts1 Fl¥&d SIts 7 74.Q 74,W2 70.912 crrentA$%Qts 6.14a 2.fj51 6144 2,851 7W7 al In 92.S93 cmdknts. AmoiwiisFaMkn8r rthin Yar NcurtA$l•ts 9 .814 51.XQ 3),814 75,588 25,VQ n397 NetA55ets 2J. 15).4 I43,9 Repr2stAted b¥ 24 25.537 117,772 126.2ro TotsiFunds 126.2D2 IS) 490 143.W9 The financial statements were approved by the PCC on 13, April 2026 and signed on Éts behalf by- James Cunnin8ham Treasurer 16
ST MICHAEL'S. WANDSWORTH COMMON Notes to the Flnancial SLitements For the year ended 31 December 2025 l. Accounting Policies The Parochial Church Council of the Ecclesiastical Parish of St Michael's Wandsworth Common. (Charity number 1185687). The Parish was established in 1881. Its principal address is St Michael's Church and Halls, Cobham Close. London. SWII 65P. The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the accounts are as follows: Basis of Accounting The financial statements have been prepared under the Charities Att 2011 and in accordance with the Charities Statement of Recommended Practice 2019 (Charities SORP IFRS10211 and Financial Reporting Standard 102 IFRS 1021. The financial statements are drawn up on the historical c05t basis of accounting. The financial statements include all transaction5. assets and liabilities for which the PCC is responsible for in law. The financial statements have been prepared in pounds sterling and rounded to the nearest £1. The PCC meets the definition of a public benefit entity under FRS 102. Going Concern There are no material uncertainties about the charitys ability to continue and accordingly the accounts have been drawn up on a going concem basis. Funds General unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. Restritted funds comprise revenue donations or grants for a specific PCC activity intended by the donor. Income recognitlon Voluntary income. donations and the income tax reclaimed on gift aided donations are accounted for once the PCC has entitlement to the income, it is probable the income will be received, and the amount of the income receivable can be reliabty measured. Grant income is accounted for in the period that it Is received. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is normally upon notification of the interest paid or payable by the bank. 17
ST MICHAEL'S, WANDSWORTH COMMON Notes to the Financial Statements For the year ended 31 December 2025 Expenditure recognition Expenditure 15 accrued as soon as a liability is considered probable. and the amount can be measured reliably. The PCC is not registered for VAT and accordingly expenditure includes VAT where appropriate. All support and governance costs are included in charitable activities. Grants and donations are accounted for when paid over. or when awarded, if that award creates a binding obligation on the church. Tangible Fixed Assets Consecroted lond ond building5 ond movoble churchfvrni5hings Consecrated land or benefice property is excluded from the accounts by Section lo of the Charities Act 2011. Moveable church furnishings which are held by the churchwardens on special trust for the PCC and require a faculty for disposal are accounted for as inalienable property unless consecrated. For inalienable property prior to 2015 there is insufficient cost information available and therefore such assets are not valued in the accounts. All expenditure incurred by the PCC on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is expensed within the Statement of Financial Activities. Other Furniture, Fixtures. Fittings ond Equipment The cost of other furniture, fittings and equipment are depCIated on a straight-line basis over the effective useful life of the a5set= Fittings and Fixtures Plant and Machinery Furniture, Office and Computer Equipment 15 year5 15 year5 5 Years From l January 2019, only assets over £5CQ are capitslised with items under this value expensed. Debtors Debtors are included at the settlement amount due less provisions for doubtful debts. 18
ST MICHAEL'S. WANDSWORTH COMMON Notes to the Financial SLitements For the year ended 31 Decernber 2025 Cush ot bank ond in hand Cash at bank and in hand includes cash and short tem highly liquid investments with a short maturity of three months or less from the opening of the deposit. Creditors and Provisions Creditors and provisions are recognised where the PCC has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditor5 and provisions are recognised at their settlement amount. 2. Income Funts Fynd5 TO1•1 rotal ,514 1& 11.213 1r6.787 trXr&rr Lwies 17.314 11.7 19.474 131.718 117A Fee Ir¢we tr&rs Letrngs IKc¢r S(ti and 78.7B2 1.6 82,6B7 917S8 9175B 57S lJ71 Tr*al Zl514 n6 Z16.160 19
ST MICHAEL'S. WANDSWORTH COMMON Notes to the Financial SLements For the year ended 31 December 2025 3. Expendlture on Raising Funds Fund5 Funts Toral Tot•1 2024 Cknning of ha Socia E•its 341 12.998 4. Expenditure on Charitable Actlvltles Ful5 Totsi Toi•1 2024 7.010 18.4LK) 17,851 18.f 7.010 27. 17.&51 t8.6 7.579 24.635 15.(XX) 14.200 klson ar Ewyksm LlocesaD PaD Sh¥e Chantatk gqiifg 24.218 16.898 Staff Traini E¥nses lof CW. etl Tra1 7.541 rerAirs to 21. 17.¢62 21. 8.1S) 24.315 29.6g) 6.573 Chwch &15 418 21.274 Fkl rLThlry co 1.782 5.753 4.576 SubriFlJ"or & InmBt ¢¢ Swtyes Bank fees 462 1543 123 17.929 235.657 17.143 17.143 1.704 ToIalExpe. ch•r*¥lJlEx¢ 217m6 237.361 20
ST MICHAEL'S, WANDSWORTH COMMON Note5 to the Flnancial Statements For the year ended 31 Decernber 2025 5. Expenditure- Employee Ernolurnents In addition to the many volunteers who give their time to the church there were 3 employees 12024.'21 in the year whose costs are included within the Expenditure on Charitable Activities. There was one joiner with the appointment of a Children's and Family Worker. The incumbent's position is non-stipendiary. 16.584 314 29.543 16.898 No employee received remuneration (including employee benefits) exceeding £60.1M)12024: nill- 6. Expenditure- Charitable Giving In addition to the money given to the Diocese through the Parish Support Fund. the PCC made the following donations. following a review of charities that we wished to give to in 2024. fvr Fund5 Toial T¢)tsl IJMiK 1333 1.7LK) 1.7rK) 1.7 zx 1333 1333 1333 JLL4ce er Swd si Cc*9è A Fthha Sl fwe's CO ScrK 1.7Ct) 1.7(K) zxm 21
ST MICHAEL'S, WANDSWORTH COMMON Notes to the Financial Ststernents For the year ended 31 December 2025 7. Tangible Fixed Assets FvM6rty Fl%trrE5 Compvtwand and H116ngs PLinta•d Totsl CortorV•atkln At 1stJww 2025 Additi¢*i% 87. 21.113 3.169 .831 147,738 21.133 At 31st Deth 2)25 1(4¥n 3.169 56,831 16&871 Depreerdtkin At 1stJanwy Charge for Year 13.1L 246 1267 &316 At 31st 3J24 17J61 L14¥ 912 At 31st [errt¥ 3)25 515 74gJ2 8. Debtors 2025 2024 1,(b2 253 LetbrYJs elat 1.493 1,092 6.144 9. Creditors- amounts falling due withln one year 2025 2024 4,324 2,821 340 19.085 Deferred Ir(re Tayation arKI la1 seCty Ctsr creditors 1,477 1,537 11,534 20.814 26,570 22
ST MICHAEL'S, WANDSWORTH COMMON Notes to the Financial SLitements For the year ended 31 December 2025 10.Related PartyTran5actions PCC members are not remunerated and no PCC member was reimbursed during the year for expense5 in relation to their work as trustees12024= nil). Payments for reimbursement of expenses incurred on church business of £2.24612024 £3,243) were paid to I12024= 51 charity trustee or their family members during the year. These were broken down as follows.. 2025 2024 and BrO*lrJ Subsistere Supplies for seNces (kn and Entert2iniro Tra1 Training atKI Ets Mission EVary1SM Buikjiry nwintenarte 976 241 102 1,152 281 353 562 322 52 283 42 240 143 2.246 3,243 During the year, unrestricted income of £56,65112024'. £65,139} and restritted income of £5,O¢JJ 12024= £5,660) were receNed from members of the PCC or their related parties. The PCC made a donation of£l,7Crf)12024.' £1.7) to Standout, Registered Charity 1177813. The church has supported the charity for many years and the Chief Executive and founder is a member of the congregation. The chief executive is a family member of Connie Parker-Dhinakaran. one of the churchwardens. The Standout Programme offers a unique opportunity to people preparing for release from prison by equipping them with the tools. skills and mindsets needed to apply for work so they can re-engage with society with confidence. Standout is active locally in HMP Wandsworth, where we also have o relationship through the gospel choir. 23
ST MICHAEL'S, WANDSWORTH COMMON Notes to the Flnancial Statements For the year ended 31 Decernber 2025 11.Restrirted Funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: ttslj At31fiwnbtr 2015 rxWChirFwd 1.0 1.0 W<rtip FL 1125 11125) 17, FL 1875 1$19 7C4 07 IL5 AtIstj Al310Kb Wrrfdp FL¥K 19,818 118& FL 2.1 )1$ 18.168 The Gospel Choir Fund represents grants and donations given for the Specific purpose of supportin8 the St Michael'5 Community Gospel Choir. The Worship Fund represents grants for prayer initiatives and other parts of our seICe5. A grant was received in 2025 to support Me55y Church. The Mission Fund was Started in 2021 to receive specific donations to support Mission and Evangelism initiatives including Glass Door and Children's activitbes. In 2022, the PCC started a Church and Hall Restoration Fund gNen long terni work planned on the Upper Hall and the Church building. During 2025. money wa5 donated and used towards the new sound system. The transfer during 2025 represents the capitalisation of the sound system referred to èbove. The transfer during 2024 represents the purchase of two noticeboards for Outside the church which were capitalised. 24
ST MICHAEL'S, WANDSWORTH COMMON Notes to the Flnancial 5taternents For the year ended 31 December 2025 The Utilities Fund represents grants and donations specifically for utility bills. In 2024, a donation was received from the Glass Door charity towards the bills incurred from hosting homeless people overnight once per week in the winter season. No donations were received in 2025. In 2023, the PCC started the InteeneratIOnal Fund to support its Vrk through Sparkle. A Maintenance Fund was created in 2025 following a new regular donation that can be used for building maintenance. Analysis of Net Assets by Fund Nel Assets LtreStrrl 74.2 T2.114 20,814 126.202 RestrKted Fw 24.288 24,288 Total 74.2 20,814 150.4WJ s at 31 Deeembèr 2024 Flxed A88•ts knTrtsiments Cwrent *Aaets Creditiys Net Assets estricted 70,912 73.4Y) 26,570 117,772 Restrict&1 Fwds 25.537 25.537 Total 70.912 .967 26,570 143.309 25