Clwity Tegi8tration ttUTnE¢r." I2￿)??7 Asthall and Swinbrook - with - Widford Parochial Church Council Amiy81 RcFth and Financial Statemtthts lor the Year Ettded 31 Dcccmber 2025 Aslhall and Swlnbrook- wlth- Wldford Parochlal Church CouDcll Contents (contlnu¢d) Reference and Administr*ive Details Tru5tcts' ReN)rt 2to7 Indewd*mt ExAmittePs Report Staterncnt of FiDancial Activktics 9t0 10 Balatjce Sheet Notes to the Financid Statcrncnts 12to24 A5thall and Swinbrook- wlth - Wldford Parochlal Church Council Referenee Admlnlstrative Detalls Ch•lrman Reverend Canon Andrcw Wingficld Digby. Associate Viear Tru5tee8 R¢vcrcnd Thom&8 David Puu, Incumbent Reverend Catton Andrrw Winxfjeld Dikby, A&wciate Vic Rev￿ Q¢rald m￿Ch. Associat¢ Vi¢ar, Vice Cbainnan Kieran Hedig&n. ChuT¢h Wardcn Barbara March. Church Warden Nadine Woods, Tr¢3surer Clare Summets. Secretary Diatta Jane PetcrB Nid)0155 Jobn Luw Chanc¢ Rathel Elisabeth Jon¢s Robin MeectrL Martin Hawkills Rachel Jan¢ VaJJdLT {resigned 20 April 2025) Mar8ie BretL Deanery Synod Susan MooK. Deanery Syni)d 1200777 Ch*tAty Reglstradon Number Prlndp*l Offlct The Cljurch Offic¢ Burford P￿]Sh Church Church Lanr BurfoTd Oxfonlshire OX184DY Independent Ex#thlner Jona¢hall Ru55¢11, FCA JLst Audit & A&8urattce L 37, Market Square Witlley OX28 6RE Page I Asthall and Swinbrook- Thith- Widford Parochial Chureh Couneil Trustees, Report The trusttts present th¢ report together the financial statements of the charity for the year eDded 31 tk¢embEr 2025. Th¢ ¢hariry'$ fidl ttam¢ is Th¢ P8rochial Church Cow)cil of the E£eleS1￿tiCa] Parish of AsthaQ Swillbrook and Widfor¢L and wa5 ￿gistered with the Charity Commission on 21 Ort 2022. It is gen¢Tally knowTh as the ParoGhi&l Chtsr¢h Cwn¢il of Asthall, SwinbroDk Attd Widfor4 Nthich 18 the Jjame used in tbesc financial sratemcnts. The eccle5iastital parish ofAsthall & Swinbrook wtth Widford PCC cncompLsses the dLrc¢ churches of SL h'icholos Asth411, St Mary's Swnbrook St. Oswald's Widford. Objettlvet and *ttlTr4tles Objects The PCC the t2SPDllsibiiity of tooperatill8 WAth the incumbent in promotillg in the ecck5i8stical parisb th¢wholE mission of the Church, pfjstoral, ¢vangtliGa], soGi&l xtKI ¢cutlletticaL It also b&8 maintenance rcsponBibiiities for the three chureF￿5 and churchyard5 within th¢ pgnsh. PMbli¢ b¢Kefv The PCC'5 purpos¢ 1$ to pronKkt¢ th¢ WI￿1¢ msssiott of the Church of England within the p￿she5 of A￿ha]I, Switsbrook and Widford. In practice this is ¢xpresscd through worship, pa5torJl fDmtDwty engaga]￿lt and th¢ st¢wardsbip of ow his￿￿¢ cbur¢b buildings. Thc PCC s¢ek5 to ensure that these activitlcs provide public 6et)efit to all who I1￿C in. work I￿ or visit thc parishes. regardle55 of agA back￿llnd or belicf. Public b¢n¢fit l5 d¢liv¢rd ihrough.. • R¢gidar worship and 0¢￿510￿al Offi￿S The ¢]Mwcbes 4r¢ owi for publi¢ worship, pr&y¢r 8t￿ iefieaion. Baptisms, wcdditigs and ffiJtMls are offered lo all parishioncr5 BDd othcr5 with a qua]itiTrU8 connection. .Pastoral support md community presence The Clergy ar￿ mi*i$try team provide pastoral to indiiFiduals tll famili¢5. in¢ludillg home visits, support durijjg bereaveineDt, and ministy to Ihe elderly and housel)ound. .Open church building5 St Nichol45. A5thall- St Mtsry's, Swinbrook- and Si Oswald's. Widford are kept opcn for visitor8. wa]k¢r5. and thos¢ seeking quid 5pa¢¢. The PCC mNintsiD5 hi5tuTiG buildinBS for the benefit of the wider pllbli¢ and future generations. *Cot)Jmunity activiti￿ and cvcnts Thc PCC Supports b05ts community gathering5y fQUf¢rt5. $¢a$tsnal ¢vwts 8ttd educatiooal visjts. helping to strejwthen commullity life aDd provide opportuniti¢5 for social CODnwtion. .Charilable giwng and outreach lljc PCC supports local. nauonal and international charitie5 through don#tion$ #ttd fiJndrai5iJJ& ¢Xt•JditJg public benefjt beyond the parish boundaries. In all its work. the PCC ainjs to serve the whol¢ ¢omrrity and to ¢tLsur¢ ihat the re80ur¢¢8 enllus￿ to it 8r¢ u8¢d 10 provide cleat attd measurable pubjic benefiL ThB trustees coftfirni that thEy have ¢omplted with the requirements of section 17 of the Charities Act 2011 to have due regard to the public betsefit guidatt¢e published by th¢ Clxatity Cot)JJJ]issitsn forEJgJattd Wales. Pagc 2 Asthall and Swqnbrook- wlth - Widford P4rochial Church Coun¢ll Trustees, Report (eontlnued) Athl¢vtments Ind Perfornian¢e MORNING SERVICES Thtoughout 2025 Swinbrookcthll ¢ath week at St. Mary. Swinbnw)k excq)t for & few week8 iti th¢ AuluD when th¢ congregaiiott gathered at Si. Nicolas. Asthall whilsl Sl. Marv's was beitt8 rtrdccoiated. We were very grntthl to Rosic Pearson who owiJ5 Asthall Manor for her 8¢trro6ity in allowing Cars 10 be park￿ in h¢r field And for the Manor's toil¢t to b¢ available for the conwption'5 use. The Swinbrwk@I I congrcgation is '8athcreA' from $ULTounding villa8&8 athd town5. Sadly few are from Switjbrook its¢l£ Many offtr their gifts And time ro cn5urc our setvices Tlln srnoothly. That)ks are the to xll work hard in th¢ bac￿ulld, espe¢i#lly Anne and Hayes our V¢Tgern and the te￿llS who w¢lcome. providc coffce, arraJJge the flower4 T[￿￿ge the sound, cleth tbe church, and lasl but by no m¢An$ l¢a5t, ring our bells (Gordoa Wilkin5 and Nig¢1 Street) and attyonc else who likes to havc a goll Thanks too io Hilary Tadman Robin5 alld Li72ie Stsdell for leading the musical $id¢ of our worship 50 wonderfidly: and io all wlw l￿d, r¢ad. int¢rcedc. preacb Ind th¢ praycr iDinisty team Finally. wc would like to ihttnk th0￿ involved in the governance of paribh- our w4rdet)$ -Kicran Hedigatt attd Barba￿ March, our tr¢a¥ur¢T- N'adine Woods. our churrh sec￿lary- C18re SurnmeT8 a¢Jd OUT PCC mcmbcrs. All, i differctti mlcs alld ways giv¢ much of their till￿ to the rutLning of our parAsh and we are very grdtefvl. AttendanceB Th¢ a%'erage attendatsc¢ at Swinbrook for all Sunday5 iDcluding CknisttJ&8 Day w95 66. For coJnparAson, th¢ average attelldances for th¢ pmious two ycars We￿.. 2023- 63 2024- 63 There hks been & 8ense over the lasi frw weeks of an Irt¢￿&￿e in attendances 50, &8 a eompari¥on, th¢5e are the figures for the first 15 or 16 weeks (to include Easter) of ihi$ and the lasi thre¢ years. 21)23- 66 2024- 64 2025- 64 2026- 68 Th¢se fwes thc church is cotnfortAbly full and, ott special o￿a510￿S and f￿tIvalS is etowded as wr approach atound 100 ui¢¢TJd¢es. Evenlns servl¢¢s hav¢ been held on the sttond sutt￿y of the month in Asthall - though sparscly <cnded- and an the fourth Sunday of the month in the SUM￿ in Widford- with better att¢odon¢e- around ZO plu Widford also Iwsts &very well att¢nd¢d 5¢rvic¢161kk) ollBDxiDg DAY. OTHER ASPECTS OF 2025 Th¢ Chrls¢nM5 Tree FesdvAI In5PiTeJ and organiscd by Rachcl (Jonesl. a higbly suc¢es6th1 Chrislm8s tre¢ f¢stival wls held over a week in D￿¢rnb￿ in Asthall Churcb. Those contributin8 trees ￿r¢ from local chariues a]Ml national Ch￿ill¢S with a local pre5en¢c. Th¢re was also s 141her large tree ¥upplid by Jeremy ClatksDn! Th¢ wcck endcd uryth a w¢llthatt¢ndcd Sunday aftrmoort carol seryice with 100 or so yackiijg into the Church. PA8¢ 3 Asthall and SY4inbrook- with - Widford Parochial Church Council Trustees, Report (continued) Ch*rllxble support W¢ ¢ontimw to support BESOM And CAP fin4n¢i811y. At their requesL we ceased supporting Paul and Naditte W'oods finthciaily ￿ ¢otttirtue to Support th¢m pray¢rfiLIIy itt their various theolow¢al te4ching alld missional activities oversea5 and in thi5 COUtLtry. Sotl#l Aedvltlei The monthty Tu¢5day IuD¢he5 i]2 th¢ A5th8Jl tEigh Village Hail have been very SllCCEssfiLI wtth usually 20 people coming alon8. Many thanks to the various catering ieams (hat comc togcthcr to makc these lunche5 P055ibl¢. The popubr ehuTch BBQ hdd in July itl the Win8field Di8b)"s lovely gardell was, as always, very well attcndcd and blessed with goodlveather. Thank you Sue and AtLdr¢w foryour h05Pttality and organi￿ti0tL Home Groups Four hom¢ gTOUP5 ILaVf ¢ontinuol to m¢¢L THE SUCCE&SION In 2025 we looked very seriously at the p055ibility of appoiTLting a full till￿ milli5t¢r w'ith y vx¢w thAt the persoll PPDitLted wuuld lead ASW attd spearhead the development of & n¢w congrcgation at knthall. Howcver. if this were to hllpp¢n, it would re4llire a tollÈiderable intte4se in our parish sharc to the Diocese (rising from our cu￿ent 5b4re of £20,000 10 * figure MO￿ like £80,000). Ev¢n with th¢ Di￿¢5¢ promi5itsg to provide a ViC&fd8e, this fi8ure 5EEtned to be out of our Juch, unless thcrc w&8 a Substantial and S￿￿dIned increase in our itt¢ome through plarjtt￿l 8iVitI8 and from other sourccs. The ￿sSibl]Ity of usittg our trwt fimds was cottsid¢rcd HO￿Ver. concern wgs VDiced that we would almost enainly be needillg to reduce the capital sum of thos¢ fwJd5 yfAT by y¢at, thus reducillg their iJJco]lle aDd dimillisbing out Capacity to cover the considerablc cost oflnainthining our thrcc ancient churcb building5 fgr whir puwe most of the fiLnd8 were Or1￿￿811Y established. For thtsc re￿On5. this qucst ha3 be￿ put on hold for the time b¢ithg utttil suth time &$ the way fmvard becomes ¢l¢ar¢r. {S¢¢ L￿KING AHEAD ID the Second sectiOD of this ReporL) Meanwhile. we havc confirmcd to thr Gon8r¢gation thaL we are very h&ppy to continue in our roles for a5 loJJg people would lik¢ us to and th¢ Lord ¢outinyes ¢0 bless us the good bealth and ellergy needed! Serving ASW is a greai dclighi to us. LOOKING AHEAD With a fvll thurch every Sunday, the question of how we can accommodatc fi￿thcr groBth a5 I￿re p¢oplc •r¢ (It4WIi iutv ¢h¢ Kiti¥dvm of God. through SL Mary, SwittbrooL has beeo on our minds al￿ a focus for our pr&y¢rs. Of cour5¢, it is not us doing th¢ 'drawiDg i]L' but th¢ Lort ￿d. for that it 1$ by fAith th&t we tt￿$t He will providc what is ￿￿eded to awommodate th05¢ Ththom Hc is callÉThg by nRrn¢. Nevertheles4 we have felt it incwnbent upon us to at le￿ explore the possibilitits. S¢. Ni¢bol4s, Asth8ll. 00 th¢ fg¢e of IL seen]s b¢ att obNryiy]8 lo¢￿10￿ for future las we discovered itl tbE AuiiiIDn). Sv, th¢ qllestii)n is knw we esttblish a to]wt8atiom 21 Asthall athd do so in a way that is Triable and sustsinable? P&8¢ 4 A5thall and Swinbrook- wlth- Widford Paroehial Chureh Council Trustees, Report (eontlnued) Swinbrook@I I 'woTked' b¢¢ause aftcr several yeaTS of prèyer (by the Joncs and th¢ Codrington$} a committed 8roup 01. 30 pcoplc from St. John's moved to Swinbrook uDd¢r the leadejship of Alcx Rw {supptsrted by AndTCW). Tbis undertook to bc Ihere mo¥t 7￿ckS for the firAt year, during whi¢h. I￿)81 of th¢ t¢arns mcntioned earli￿, responsible For variou5 aspe¢ts Df church lifc, were form¢d, cstablished and have continued to develop. Now, vf wurse, the Lord may have othcr ideas altogethtt, but if th¢ model for Swinbrook is io br th¢ one for Asthall, thcn & sim213r level of numerical Gollanitmeni attd id¢ntsty (e.g. 'A8th￿1@9.3O') is likcly to be nc¢ded. Thls the quesdon of what type of leldtrslfp should be estsbli5hed McntÈon has Already bcen ry￿de in the fJJ31 half of this rerA)rt of the Succe&8ion 2nd why thc proposed appointment of a fvll-time paid mini5t¢r currently 5eetns un￿&1]StI￿. However. the wi¢w5 of the PCC ]n8y and the fmajjcial risk bKome acceptsble, ifit becomes ap]Trar¢nt that a critical ￿￿￿%{25-30) uf p¢opl¢ is ready ￿ cottitDii ¢0 establisbillg a viabl¢ aud xIf.reliant conste￿150￿ at A8thal] las hos been done at Swinbrook) aDd lor a fijll-timc mttiis¢¢r ¢0 leAd the Parish of ASW. There may be alternative models of leadership 10 ¢oll5ider, similar, p¢rtLaP5. to afreidy in place. eswialty if the rinattcial impl1￿mOnS of a I￿11_t]me p05t still look tho high. Bllt, until. these id¢8s bccoine a Clear vision, and the visiv￿ r￿￿ty, it seems to U5 that th¢ mosi In￿rtant thing we shoujd be doin8 a5 a dlurcb for the moment 15 to Plan, be Patient and, above 811. Pray,. For, as Psalm 127vl rrminds w. Urtie¥s the Lord builds the I￿u￿e. its ￿][derS labour in vaitt., Pagt 5 Asthall and SThlnbrook- Tvlth- Wldford Paroehlal Church Councll TTU5tees' Report (continued) Financl•l revlew Income The PCC continucs to be blessed in receiving the regular plgnned giving of it$ mcmbers attd genen)us dortatiotts on Sunday5 and through our digithl eollectiotl plates. 4s well ats the yearly donation from the Alexander Mosley Charitsblc Trnst. The total incomc from Dottations and Le8icies in 2025 nearly £91K.Planned 8i%yn8 in 2025 WAS £40,624, higher tb8tt £35,112 in 2024. D()natiow on Sundays and throvgh th¢ ¢8rd r¢ader5 r¢a¢bed £20,718, bIiD8iDg lotal 8lViti8 ID 2025 to £61 J42. Th¢ total i￿0￿< fro￿ iDv¢sttn¢Thts in 2025 was £55K, highcr thall that of 2024 by mor¢ thary 12K. During th¢ year the PCC rK¢iv¢d a r¢fiwd of £21,330 from SSE reliliDg to bi5tori overchargiftg on electricity tneter billing. The refimd has been recogni5ed as othcr income in the financial statements. Expcn5es Expense5 have incTea5cd frorn £170K in 2024 to £202K in 2025 because we Ca￿led out a nurnber of proj¢rts including major works such as finishiD8 off the path and access to St Mary's. fixing the damp Dortb vrnjl and painting th¢ ¢hur¢h at Swinbrook, r¢stoIing the gat¢ Attd buildJn8 a¢¢¢ss at St Oswaid's at Widford, treating dry rot tAsthtll, aknd various elettrical work at all thTEe churchES. Total As5e15 The PCC'S Rcknctcd Fund$ are held to rncct thc costs of maintcnallte and rcmedial work$. As of 31 Dceem 2025, the overnll vilue of the R¢stri¢ted Funds Stood at £1,004L Th¢ iotal fithds- R¢stri¢t¢d ond Unr¢stri¢t¢d as of 31 Dec 2025_ 5to(Kl at £1,004K and £553K r¢spxliv¢lJ', a total 5lltn af £l,S57K, wmparcd *Jth £1.620K at the etkl of December 2024. Asthall Church Lanth Duritt8 the y￿r the charity received £89.452 from Asthall Chwch ￿{ts, representin8 the proceeds of the sale of land previously held bs. Ihot thariry. AsthAII chU￿h L4od$ has ssk¢d th¢ ¢barity to hold thes¢ fijllds i¢m￿ra￿lY while the legal status of the priJceed5 is clarifieA4 illclu(b'ng whether the fill￿S arc u[￿estrICte(L restricted, or Thr charity is acting %()lety a cust(>diart of thLse fvhds and has Yjo betheficial interest its them and until rhe Charity Commissiott orprof¢ss1¢M)￿ &dvis¢rs ¢ortfJmi that the furtds tnay b¢ )ppli¢d for th¢ ¢h8rity's pwpos¢% The In￿￿$ havc thcreforc treatcd thc £89.452 as futth hcld on bchalf of a third party, and not a5 iocomc of the clwity. The amount is shown as a creditor in the financial statements. The ttustees will contittue to liaise with Asthdl Chutrh L￿d8. the Charity Conjmissioty and professional advistts to ensure that the bjttdg are administered in accordance with chArity law and the int¢nrion8 of th¢ origijjal donor. Struttur< gDvern*Ate #Dd m8n*gement Recr#ilmeRI 41ndoppolnlmenl oflrnstees The tMh(Ml of appottillnent of PCC members is set oul io the Church Representation Rules. All church attend¢e5 e￿Ouraged to rewster on the EleLtoral Roll and 5t¥nd for eleLtiun IL) the PCC. Pa8¢ 6 Asthall and Swlnbrook- Trvith- Widford Parochial Church Council Trustees, Report (continued) Statement olTrwtees' Reipon¥ibllltles Th¢ tru5tc¢s aT¢ r¢5POn5iblc for prepdrin¥ th¢ i￿￿te&s, r¢pori and th¢ financial slatunents in A¢¢ordancc with th¢ United Kin8do]n Accounting Standards (iinited Kingdom Generally Accepted Accounting Pr•¢¢ice) and applirAbl IHW and regulation5. The law &pplicable to ¢harEties r¢qllires the tru5tces to prepgrc financial statements lor each financial ytsr which 8ive a tNc and ftiir w2w of the state of affairs of tbe ¢hoTity and of the intoming rG50urces and Bpplication of resources of th¢ ¢harity for that period. In Prq)￿l￿g th%c financial statements, th¢ trustee5 are r4uir¢dto.' select suitable &ccourtting policics and then apply them Luwistefjtjy. observ¢ the methods alld principl¥a itt th¢ Chorilies SORP.. make judgements and eslimates thatyr¢ r¢asonable and ]xudcnt" te whether appltGabl¢ accountitsg standards have beell follww¢d. subjcct to atry material depatrtur¢s disclosed and cxplairttd in the fjnancial 5tat¢Tv¢nts' and prep4Lre financial statetii¢nts on the SO￿8 ¢on¢¢rn basi￿ ullie&s it is iDappropriai¢ to presumc that the charity 'ill cotjtinue in bu$in¢ss. Th¢ trustres are tespon5ible for keepill¥ proper accounting rtcord5 that discloxe wilh re&801￿ble •¢curdCy al any tillle tbe fi￿n¢]￿l positiott of thc charity attd cnable them to cnsure tbal the fillancial statem¢nts compl}. with the Charities Art 2011. the Chatitic5 IAccout)ts and Rq)orts) RegLJlotions 2LM)8. attd the proi'i5ions of ihc collstilulioD. The Inist¢&4 arc also t￿S￿￿nsible for safeguarding th¢ assets of the charity and h¢N¢ for tskiDg yeAsortabl¢ StrJL% for th¢ prevention ond d¢t¢ctioTh of fiaud and other irre8ulariti¢5. The m]st¢¢s are re5pon5ible for th¢ mainknance and integrity of the CO￿Orate aDd fJnan¢i81 infonn￿l0￿ includ¢d ort th¢ charitable cornpany's websi￿ L¢gi8IatioJ gov¢rning the prepardtioTr and dissemittatitm of financfftal statements may diffcr from legislati4x] in othv jurisdidions. ThE annual r¢p)rt was approird by thc trustces of th¢ ¢harity on 22 May 2026 and 5iBDed on its behalf by.. Reverend Cantsn Anthw Wingfield Digby P2g¢ 7 Asth41] and Swinbrook- with- Widford Parochi41 Church Council Independent Eiaminer's Report to the trustees of Asthall and STh4nbrook- witb - Widford Parochial Church Coullcll I report to the ttvstees on my examination of the accounts of and Swillbrook - with - Widford PaTothi Church Council forthe year ended 31 December 2025. Re5ponslbUltles b451s of report A5 th¢ charity ttiJ5tee5 of Asthall and Swinbrook - with - Widford Par￿hla1 aLUTch cow￿]1 you ar2 r¢sponsLlJle for the preparaiion of the a¢cLNmts in accordance with the ￿UIreMentS of th¢ Chariti&s Act 2011 I'thB Ad'j. J report in tt$F¢Qt of tny ¢xaminatrort of the Asthall And Swillb￿￿k - - Widford Parochial Church Council'8 accounts carried out under section 145 of the 2011 Act and in carryi￿ out my exalnin￿2Oll I have folloll'ed all the applicable Directio￿ ￿Ven by the Charity Cotmnission undcr scction 145(5)(bl of the Act. IAdependent examlner's statement I have complekd rny examination. I confirn) that no material mattLYs have comc to my attCDtion in conll¢dion with the examitiation giving me cause to believe that in any material res l. arcountillg record5 wrxe not kept in respect of Asthall and Svrinbrook - wth - Widford ParrKhial ChuTch Coun¢il as r¢quire4 by $e¢tion 130 of th¢ A¢¢., or 2. the accounts do not accord with those r¢¢ords' oi 3. the accounts do not compty with the accounting rcqutrcment5 collccrniDg thc forni wnlcnl of accollrtts set out in the ch￿ltieS {AccouDts and Reports} Regulations 2008 other than any r¢quir¢ment th4t th¢ ￿¢outtts give a'true and fair vicw whicll is llot a matter considered as pan of an independent ex4miDation. I bal'e M conc¢rn5 and havc come across no other matteT5 in Gonn¢ctiotL ￿1th th¢ ￿amInation to which attentLon should bt drawn in this report in order to enable awoper understanding of the accounts to be reached. onathan Russell, FCA Jwt Audit & As$uran¢c ICAEW 37. Mat*et Squar¢ WitDCy OX28 6RE 22 May 2026 Pa8¢ 8 Asthall and Swillbrook- with- Wldlord Parochla] Chureh Counal Statement of FfinAneial Activities for the Year Ended 31 December 2025 Unregtrltted Hd5 Restrtcted funds Total 2025 NDte IRtom¢ Endominents fronL L>Jnation8 and Icg8¢ies Other trading activities InYesknr*i ih¢omc Othtr incoJn¢ 74,789 2,630 21,768 21,378 16,000 90.789 2.630 55.183 21,378 33,415 Totsl incom¢ 120.565 49.415 169,980 E￿eDdI￿rE OI1= Charitablc activiti Other expenditure (74.3201 1375) (127,409} (201.7291 {375 Total expenditutE Ga]nslio￿es 0th inV¢$kn¢nt asscts {74,695) {127,409) {31,3281 1202.104) {31.328 Net incomc1lcxpendi￿T¢) Net ttwvement in fijnds 45,870 109,322 (63,452 45.¥70 {109,322) 163,452) ReeoD¢lll#tion of fllDds Total fund5 brought forvdTd Total fund8 catticd fotward 50?.512 1,113,423 1,620,933 20 553,382 I.￿4.101 1,557,483 The notes onpages 12 to 24 forn) an inteBTHI partof thex finan¢ial ststements. Page 9 Asthall and Swinbrook- with- Widford Paroehial Church Council Statement of Flllanclal Actlvltles for the Year Ended 31 December 2025 (continued) i&nre5tTift¢d d5 R¢stri¢ted rtd5 Totol 2024 Note In¢ome EDdowm¢Dts from: Donations and legacies Other trading activities InV￿ellI income Other in¢ome 361,532 2,771 6.401 864 33,000 394.532 2.771 42.848 864 36,447 Totsl incoTn¢ 371.568 69,447 441.015 Expettdltsr¢ OTh: ChaTi18ble activiti&4 011￿ cxpcnth.ture Total expenditUTe GainsAosses on itLv&theDt ￿ets (77,7561 1375) {92,561) (170.317) 1375) (78,131) 192,561} {170.692} 17,562 Net iDcom&llexpenditwel 293,437 5.552 287,885 293,437 {5.552) 287,885 R¢¢on¢lU*d•D of funds Total fiwd5 brought forwwd 214,075 ,118,977 1,333,052 1.620,937 Total fimds faTri¢d forwd 20 507,512 113.425 All of the charity¥ attivtties derive from continuing operationB during thc above two periods. The breakdown for2024 is SI￿￿ in note 20. Thc notr5 on pages 12 to 24 forn an int¢￿] p&rtof these financial 5tatcmcnts. Pagc 10 Asthall and Swinbrook- wlth - Wldford Parochlal Chur¢h Councll (Registration number: 1200777) Balance Sheet Is at 31 December 2025 2025 2024 liote Fixed assets Tangible assets Investments 14 15 375 774J28 750 805.854 774903 806,604 Current auets D¢biors C15h at in hand 16 17 13,040 874,298 809,107 817.330 8X7J38 Credltors: Amounts f*llSng due vAthlll year Current 8$$¢t$ 18 1104.758) {2,997 782.580 814,333 Net A8stts 1,557,483 1.620,937 Funds rfth¢ charlty: Restrfcted fuDd5 R&stric1￿ fuuds 1,004.101 1,113,425 Unrestrltttd tncome fvnds Unrcstricted funds 553,382 507,512 1.620.937 Totsl funds 20 1.557.483 The financial statcments Oth P4C5 9 to 24 werc approved by the ¢Thstees, and attthorised for issue on 22 May 2026 and SiRn¢d on their behalf bv: Rcvcrcnd Canon Andrcw WillBfi¢ld Di¥by Ch&innall and trnsiee The not<% on pages 12 to 24 fomj an intcgTal part of these financit] slatetDOts. Pag¢ll AsthAII and Swlnbrook- wlth- Wldford Paro¢hfiAI Church Coun¢ll Notes to the Flnanclal Statements for tbe Year Ended 31 December 2025 l AcCO￿nting policies st￿e￿wIt ofeompllath¢e The fjn8ACi81 Sta￿￿eDts have been prepared in accordance with the second edition of the Charities Ststement of Re¢oJnmertdtd PrAdict isslltsl ith (kiober 2019, the FiTJATJcia] Reportitsg StandArd ApplicAble in the LTrriled Kingdom and Rcwblic of I￿land {FRS 102) 4Dd the Ch4Titi¢5 Act 2011. B*sli of pYep*ritlo* As(hall and Swi]thvvk - WAth - Wid(￿d Ptythial Church CouDciI meets the defitjition of a public ben¢fit Entity ￿t￿er FRS 102. The accDunl& (fLJ]aDcial state￿e￿ls) have been prepared Under the histoticai cost convcotion with items reCo￿ls¢d atC05t Ortran5￿tion valu¢ utt1¢5$ oth¢rwise ststed in the relevant notelsl to these accourtts. Goffing ¢on¢vn The knjstees cojjsider that there are no material uncertaitlties about the charity's abilit). to contiuue 8$ a going conc¢rn. Income And endowment8 Voluntary income including do]]ationsJ gift4 lewi￿ and grapt5 that PTo%id¢ cor¢ fiTnding ot ar¢ of a 8enerdl ttatsre is recognised when the charity has ¢ntitl¢mcnr to th¢ income, it is probablc that the income will be re￿iv￿ al￿1 the amoulll catt b¢ with sllfficieth re]iability. Don￿l￿N$￿￿41n inve51ments are calculated &8 the difference between sale$ pro¢¢eds At)d their market va]ue ￿ the $lart of th¢ year. or their subsequettt tost, and arc ch8r8ed or crtdited to th¢ Statement of Financial Actiwties in the pcriod of disposal. Uotealised gairLS and losses represent th¥ ]Novement itl market values dwj'tsg the yeat and are cr&4ited or ¢haTg¢d io th¢ St&t¢m¢tLt of Fillallcial A¢LiViU¢S b4s¢d on the market ÈL th¢ Ye￿ end. P￿¢ 13 AsthAII and Swlnbrook- Hlth- Wldford Parochlal Church Councll Ilotes to the Financial Statements for the Ye4r Ended 31 December 2025 (continued) Tr•d¢ d¢b¢• Tjade debtors are amounts due from customers formerchandi5e sold OT 5erYice8 perfonned in the ordinary cour8¢ of busitsess. Trade debtors recognised initially at ihe transaciion pric¢. They are 8ubsequ¢ntly rn¢asur¢d at amoT¢i8¢d ¢08t 8ing the effective it)￿eSt method, le&8 provision for impairnicnL A provision for the impaimjent of trad¢ debtors is ¢5tabli5h¢d wh¢ll th¢r is objective evidence that the cb*ity will llOL be able to collect all amounts due accorthng to the On￿81 fem￿ of the r¢¢¢ivabl¢s. Ca$h u$h equlvoltnt$ Cash And cash equivalenc% conTrTise cth on hand and call deposits. and Oth￿ 5hon-tenn highly liqllid invesonents that ar¢ r¢adily ¢onv¢rtible ts) a known amount of cash and are ￿bjeC[ to an iJJsignificanl iisk of chang¢ in Nalu¢. BorrowlThgs Intercst-bcarin8 boffowryngs arc initially rccordcd at fair val￿. nct oftran3xtion cost5. Intrr¢5t-bcaring bottowit)8S ar¢ subsequently carried at amorti8ed cosL with the difftrence bet￿en th¢ proc¢¢ds, of transaction ¢osis. and the amount due on iedc]nptiots beiti8 reco8ti2sed &8 a cbarge to the Slatemcni of Financial Activities ov¢r the period of the Telev￿lt borrowing. lutrnt is r¢¢ogois¢d on th¢ basi$ of th¢ effective Intere￿ method 8nd is included in intcrest pay4bl¢ and similar charge& Bom)wings are classified a5 Current lithilitie5 unl¢sS th¢ clwity has an un¢ondiTional righi to d¢f¢r s¢¢dwn¢n¢ of th¢ liability f￿ at le&%t twehT tnoJ]ths after the r¢porting dat¢. Fund structure Unrc5trictcd incom¢ fvtsd5 g¢tval fimds th&t 8t¢ aV8x18blt for use al the tr￿Stee8 discretion iti fvrtherance of thc objectives of the charity- Restricted inceme fuod8 are those donated for use in a pyfiicular area oi for 5p¢cific purp05¢5. th¢ u% is restricted to that Area or purpose. PH8e 14 Asth￿1 and Swinbrook- wlth - Widford P4rocblal Church Council Notes to the Flnanclal St*tements for the Year Ended 31 December 2025 (continued) 2 Incon￿ from donatio￿ find l¢g•¢ies Umrestritted rullds Gentrxl Restticled funds T4)t*l di IJonation5 and lega¢i¢s', Donations from Companio trusts and similar proc¢cd5 Donations from individuals Gift aid treclaim¢d R¢gulAr gimng and capital donatiotts 16,0(M) 16.IMO 20,718 13,447 40,624 20.718 13.447 40,624 Total for 2025 74,789 16.000 90,789 Totsl foT 2024 361.532 33.000 394532 3 Intom¢ from other tr8dfng a¢tlvldes LTllrEstric¢ed ds General Total fllnds Ei'¢nts incomc.. Other events income 1630 2.630 Tot￿ ftrr 2025 2.630 2,630 Totsl for 2024 2,771 4 I￿￿tme￿I Ineome UnrEStsicted Rethicted (uDd$ Totnl funds GenerAI I￿1¢￿ESt rcGcivable and similar in(x)m¢' Intrrcst recciiable on bank deposits Other incolne frotn flxed asset illv¢8tm¢ttts 21.768 11,641 21,774 33,409 21,774 Tot*1 for 2025 21,768 55,183 Total for 2024 6,401 42.848 P•g¢ 15 Asthall and Swinbrook- with- Widford Parochial Church Counell Notes to the Financial Statements for the Year Ended 31 December 2025 (eontinued) S Other Inco LTnreitri¢ted funds General Total fDnds Settlement Refi Rentd income 21,330 48 21 J30 48 Total for 2•2S 21,378 21,378 Total for 2024 864 864 The PCC received 8 Settlement re￿nd of £21.330 from &SE relating to historic energy ￿.]ling disput¢8. Thi$ amoullt h&8 been reco8nised as Diher income in a¢cordancE the Charities SORP. The refiJnd rElates to EXFKnditure itt¢utr¢d itt priorperiods And is not ttetted agaitist currertt-year exr£ndiiMre. 6 Exp¢ndltsre rglthg Total 7 Expenditsre on eh8rit2ble &¢th4tles Unrestrlcted Restrl¢ted fuDds Totsl CeDeral Note Grant fi￿ding of activiti¢s Allocated support costs Go￿rnanCe c08ts 9,938 57,782 6.600 9,938 182,791 9.000 125.009 2,4 Totaj for 2025 74,320 127,409 201,729 Tots] for 2024 77,756 92,561 170.317 P&ge 16 Asthall and S7vinbrook- Thitb - Wldford Parochlal Church Council Notes to the Financial Statements for the Year Ended 31 December 2D25 (continued) Tolal expendlture 8 Other ¢wdithre L.nre51rkted fbnds Gtllergl Total liote Depreciation. aMorti￿tion and other Similar costs 375 375 Totsl for 2025 375 375 Totsl for 2024 375 375 9 An*lysi5 of governanee support eolts GoverThance costs iihrcstricted Ruirlrted funds Tot runds General IndepBndeDt ¢xam¥ner fees Examination of the financial sthiements L¢gd f¢ 2,400 6,600 4200 14(M) Total for 2025 2.400 9,000 Totsl for 2024 3,000 10 Net intomlRgloDtgoing resourt Net (out%oing)fJn¢(pming r¢50urces fi￿the ywin¢lud&' 2025 2024 Dqjreciation offixed assets 375 375 JI R¢Ja¢ed party tr8nS8edon8 #nd trustees. renbuneTatioD and expense l)uring the ycar. three ￿￿1¢¢$ wctE reimburscd a total of £59212024.. £Nill for exp¢¢)ses inGurred on behalf of th¢ PCC. Th¢s¢ r¢imbursemeNts w¢r¢ for properly irtc￿ed wst5 and did not constitute tn]ste¢ reM￿tratiOn. Th¢5¢ expenses rc12ted to events {£501. seAviee-r¢lAtrd ¢05r5 {£179). h¢alth 4nd safety I£IO}. tnaittteth8nG¢ (£219). andmobile phone chargc51£134). No trusie&% t¢6cived ie]nunrtalion orotltet b¢ll¢fit& Pagc 17 Asthall and SFADbrook- T¥ltb- Wldford PArochlal Chureh Countil Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) Donations made by the trustees withoui any conditiotjs attached totslled £10,725 for th¢ y¢ar12024- £10.150). During the coursc of thc ycllr. thc PCC made donations of £2,OIM) to the Ov¢rn¢tt$ F¢llowship (OMF) to b)m SUPFOrt BerYica5 of a trustee are a]so voluttteered 12 Jndtpendent examlner's remufjtratloo 2025 2024 %amination of the financial statcments L400 3,000 13 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 14 T*D¥lbl¢ IIxEd aJ5et$ Other tsDglblt nxed Total At l January 2025 1,500 1,500 At 31 December 2025 1.500 ,500 DÈpMlado Al l January 2025 ch￿ge for the year 750 375 750 375 At 31 D¢¢emb¢r 2025 1.125 r*¢¢ book v*lue At 31 Dccembcr 2025 375 375 At 31 December 2024 750 750 15 Trlied &%set Investments 2025 2024 Other investments 774,528 805.854 Pag¢ 18 Asthall and Swinbrook- with- Widford Paroehlal Chureh Counthl Notes to the Flllancial StAtements ffor the Year Ended 31 December 2025 {cDntillucd) Other Unllsted InveStn￿nts Inv¢¥tments Total Cost or V*)u#tloh Ai l JaDuary 2025 783.581 131,3261 22,273 805,854 31.326 A¢ 31 D¢e¢mb¢r 2025 752,255 22,273 774.528 Net book Tra]ue At 31 De¢emb¢r 2025 752,255 22,273 774J28 At 31 Der¢mbEr 2024 783,581 22,273 805,854 Listed Invcstmcnts- I:FIF CTrurch of England Im'esirncnt Fund luded in thc unit pri¢¢ of ibe CBF Church of England lttv¢stt)Tht Frnd is an aunual mana8wn¢nt fee of 0.55•A. This is reflected part ofchange in annua] markrt valu¢ UDlssted Investments - Oxford Ro Included in Unlisted JnvesLrn¢nts is the PCCS share of a loan to the Burford Ben¢fice Bortholomew Trwt ("BBBT') to enable the purchase of 20. Oxford Road, Burford in Octobcr 2010. the propBrty originally cost £245.000. If the property were 501d the PCC would re¢¢iN¢ a shar¢ of 201220 of the net proceeds. The net procccds bein8 talculatcd a5 thc 5alcs proce It￿ reffiJrbishTnent and other costs incurred by BBB T. This asset is in¢lud¢d at ¢081 witlun d¢sigllated as the PCC ]Jas no dtrect control over theprop¢rtv or its 5alc. 16 Debthrs 2025 2024 Other d¢btors 13.040 8223 17 C•¥b and tash equlvAlents 18 CrÈdltors: amounts f•lllng due within one ye#r 2•25 2(ll4 Other ¢r¢ditors AccNals 89.452 15.306 {3) 3.000 104.758 2.997 Pag¢ 19 Asthall 8nd Sivinbrook- wlth- Wldford Parochlal Church Councll Notes to the Finan¢ial Statements for the Year Ended 31 December 2025 (continued) Durin8 the year the charity rcceived £89.452 from Asth￿1 Church land8 represetttin8 the proceeds of the sale of land origi]Jally held by Asth811 Church Lattds. The legal staius of Ihcsc fijnds. including whcthcr they are untestricied, r£strici4 or reprcscnt t*rniancnt endowmenL not yet bccn dckmiillcd. Tbe charily is therefore holdin8 tbe fijnds in wrow l ots account on behalf of A5thRII ChvrGh Lallds FKndin8 GlaTifiGBtion from the cb￿]ty Cotnmission or furth¢r piofr55ion&l 4dviGr. As the chaTity has no present eMitlement to these OJnd8, haie nor been recogDiBed as income. Instea& the aft￿u￿t is shown as a crditor within"Other Creditor5" Ai thc year CDQ the balance held on behalf of A%thall Cljurch L4nds was £89.452. 19 Cornn￿tMents Other flllantlal tommltments The PCC ha5 Bpprovcd thc rcplaccmcnt of thc organ at Swinbrook Cljwcl planncd.for complcti¢Jn sn 2026, at an esLi]nated C￿[ of £13.500. This does not creaLe a presenL obligation at the year-end aad therefore no proNision been recognrs¢d in these financial ststernenLs. The c05t of the or8an is expectrA to be met throu¥h a combination of futll￿ fuDdraisin8 activiti¢s and a fuJatLck81 coJJtributiOll from the PCC'S unrestricted lunds. The totsi anx)uDt of other fin￿1￿] commitrnents not provided in the finaDcia] statements £13.500 12024 - £50,405). Page 20 p￿ * X ¢0 ID ce o (M o x ao P- p4 ¢0 r o r4 X tn r f4 t4 <> * ￿ P- m OD Asthall And Swinbrook- wKth- Widford Parochial Church Countil l*otes to the Financigl Statements for the Year Ended 31 December 2025 (continued) The specific putP05¢5 for wthich the ar¢ 10 be applied are as follows.. Llnr¢5tricted fimd Thc 'general fft￿d" th¢ 'fre¢ reserves. aft¢r allowing for all designated filljds. Thc g¢nw41 fiujd is d￿j[￿b]e to be 5r￿t t(Ir auy of the charity s purpose& Trust l - Widford Scckcr Bequest- R&*tri¢t Income for the upkeep of th¢ church and ch￿chyard of Si. 05waId-in-the-Field Wisvord. SwJlDs incom¢ from any one y¢Ar may be used for the maintetwice of thc fabric of St. Nichol￿ Asthall or St. Mary'5 Swinbrnok. Trust 2- ￿,idfO[d- EFL S¢cket- Restric￿& Cuswdiatt.. DioG¢san Tn￿le¢S (Oxford Ltd) IKc4)n)e for the upkeep of the St. Mary's chutth and thurchyard of SL 0swald-iti-the-Field Widford. SuTpIu5 income from slly yw rniy be used for th¢ maititenante of th¢ fabric of St. Ni¢holas Asth￿1 or St. Mary's Swirtbrook. Tn]st 3- SwinbroDk- Sr Mary's Church- Restricted Income for the upkeqj of the Church churthyard of SL Mary'& Swinbrook Tnjst 4- Asth811- Chancel Repair- Restricte￿ Custodiati: Di¢x&%an Trustees {Oxfgrd Ltd) JGomc for the upkeep, repair alld insuranrc of the ￿L￿e1 of churth. Swplus fftonic5 not iequired for this purpose MAY be used foi the upkeep aJLd r¢pair of the remaitider Df the churdj. Income generAied by the A5thall Chancel Repair fund 1$ automatically transferred to G¢ncral Fund. Within the eneral Fund, the rnoni¢& are uscd to meet capttai exp￿SES in respect of StNi¢hol&%. Ttust S_ Asthail- AB HthLl¢ B¢qu¢s¢. R¢striGt¢d £IO.000 for the upkeep and rq>air of St. Nicbolas. Church Asth￿1. £2.000 for the upk¢ep of family w¢s and cburchyard maititen8tt¢e Tru516- ASW PCC- Rcstricttd,, IkssgnaleAI To bE applied at the discretion of the PCC. Th¢ ASIV Restricted Fund is fiujded by signifjcattt l¢g*i¢$ to ASW PCC. The assets of the Fund arc held for administrativ¢ r¢asons togcther with the Illidford Serker Fund, with the PCC maittwiJ]ing separate accounting Alexand¢r Mosley Fund Iform¢rly Swinbrook ChurChYw￿ Fund)- Restricl¢d Donation5 specifLC8lly for upk¢ep of the church 8nd ¢hurchyard of SL Mary's Swinbrook Fettiplac¢ Mo]Jurnertts- Restricted Donations received for resturation of F¢ttipl4¢¢ Monutnents Page 23 Asthall and Swinbrook- Trith - Widford Parocbigl Church Council Notes to the Financial Ststements for the Year Ended 31 December 2025 (continued) 21 Amab7ls ofnet gJStts between funds Unre8trlete41 fun Gentral Tot*1 funds al 31 December 2025 Restrlrted runds Tangiblc fixed assets Fix¢d asset inv&8tments CwT¢Ot assets Current liabilities 375 22,273 631.093 1100.358 375 774.528 887,338 (104.758) 752.255 256,245 (4,400) Totsl nEt 05s¢t5 553.383 1.004,100 1,557.483 Unréstrlcted fMDds General Totsl funds at 31 DeCt￿ber Re5tri¢t fund$ 2024 Tangible fJx¢d as5¢ts Fixed ￿et investtnuJts CuTrent a88ets Current liabiliti¢g 750 21273 487,490 750 805.854 8L7,330 {2,99 783,581 329,840 Totsl *¢t assets 507J16 1,62U,937 Page 24 Asthall and Swinbrook- Ivi¢h- Wldford Parochigl Church Council Ststement of Financial Activities by fund for the Y¢ar Ended 31 December 21125 Total Tot41 UnTe5trieted Unrutrieted Fubds FuDdB 2025 2024 Income and F.ndowments from: Donatiotss and legaci¢5 Other trading ￿(ivitieS Invcstsnent intome Other iticoine 74,789 2,630 21,768 21.378 361,532 2.771 6,401 864 Total inGome 120.565 371,568 Exptndllure on: CharAtablr activities Other expettditsJr¢ 174,320) (375 (17,756) 1375) TOMI cxpcnditure (74,695 178.131) Net income 45,870 293,437 N¢t movetncnt sn funds 45,870 293,437 Recon¢lllxtlon otrund5 Total fimd5 brought ron￿rd 507,512 214,075 Total lknds Ca￿led foThwd 353.382 501,512 This po8e does not forrn part of the 8tabJw r]nancial slatem¢nts. Pa¥¢ 25 Asthall and Swinbrook- w?(h- Widford Pgrochial Church Council Statement of Flnanclal Actlvltles by fund for the Year Ended 31 December 2025 (rontinned) Tot*1 Re5tActed ud5 2024 Restricted Funds 2025 Income and Endowments fron: Donation5 and leB¥i¢5 16,000 33,415 33,000 36,447 Total income 49,415 69.447 Eipendlture on.. cl￿rItabLe &¢liviti 127,409 92,561 Total ￿p￿di￿r# GaitL8llo%%es ort investment 8ssets 1127,409) 131.32 (92.561) 17,562 Net ¢xp¢ndiftty¢ {109,322) 5.552 Net movement in fijnds (109,322) (5,552) RecoDrill*dwi offvnds Total futtds brought foThv8rd .113,423 1,118,977 Total fllllds carried forvArd 1,113,425 This page does not forni p*1 of the statutory financial stttements. Page 26 Asthall and Swinbrook- wlth- Widford Parochlal Church Council Detailed Statement ofFinallcial Acthddes for the Year Ended 31 Deeember 2025 Total 2025 Total 2024 Donations from companies. tswsLs aTKI sllnil4r proce¢& DoMati()n¥ from individuajs Lc8aci¢s GILI aid rccjaimed R¢gu]ar giving and ¢APit41 donation 16,IMM 20,718 33.000 16,136 300,000 10284 35,112 394.532 13.447 40,624 90.789 Othér fvdlng oclivities Wedding and fvn¢raJ fec ittc¥*rne Ev¢nt itsrom¢ 2,505 125 2.771 2.630 2,771 Intercst Receivable Investhietti Itbcome 33.409 21.774 21.560 21,288 42.848 55,183 her kncome Ren121 in¢ome 48 21.330 864 21.378 864 ChwlrAblt llcdvlhes Grant5 to individuals Fundraising costs Property COSL8 Administration costs Itgaj (e£s Indep￿d¢llt Examillct'5 rrrnuncrntioD (9.9381 {334) (139,872) (42,585) (6,600) 12,400 {6,997) 1220) (121181) 137,919} 3.OLK) 201,729 Other expeNdr¢ure Depre¢iation ofoiher tatsgible assets 375 375 375 375 un￿]15cd gains4osses on inirstynent assets 31.328 17,562 This pagc doc5 not forn) part of the StsNlory financial statements. Pa8e 27