2025-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Augustine Wembley Park In The Diocese Of London

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`2026 Expected Income`	`2026`
	`Forecast`
	`£`
`Giving (incl Gift Aid)`	`101,080`
`Lettings and rentals`
`Hall Rental`	`42,320`
`Car Park`	`25,000`
`Flat rental`	`21,200`
`Fees for services (weddings, funerals, Banns etc)`	`900`
`Sub-Total (Lettings)`	`89,420`
`Interest`	`15,600`
`Total Annual Income`	`206,100`

`Personnel`
`Common Fund`	`40,008`
`Clergy and Staffing Costs`	`45,000`
`Ministry Interns`	`17,320`
`Building: Maintenance, Annual Services, Insurance and Cleaning`	`22,671`
`Giving and Outreach`	`26,500`
`Sundays, Other Ministries and Support Services`	`29,448`
`Utilities`	`12,530`
`Total Annual Expenditure`	`193,477`
`Surplus`	`12,623`

ST AUGUSTINE’S CHURCH

Annual Report and Financial Statements for the year ended 31 December 2025

Independent Examiner’s Report to the Trustees of St. Augustine’s, Wembley Park

I report to the Trustees on my examination of the Financial Statements of St Augustine’s (the Church) for the year ended 31 December 2025.

Responsibilities and basis of report

As the Trustees of the Church you are responsible for the preparation of the Financial Statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Church’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving 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 Financial Statements do not accord with those records; or
the Financial Statements do not comply with the applicable requirements concerning the form and content of Financial Statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the Financial Statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the Financial Statements to be reached.

Signed:

Date: 13 April 2026

Debby Metcalf FCA 22 Trowlock Ave Teddington TW11 9QT

Page 17 of 28

					`2025`	`2024`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`	`Total`
	`Notes`	`funds`	`funds`	`funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`	`£`
`Income and endowments`
`Planned giving`		`75,805`			`75,805`	`59,635`
`Collections and other giving`		`11,204`			`11,204`	`3,963`
`Other voluntary receipts`			`8,000`		`8,000`	`10,374`
`Gift Aid recovered`		`17,216`			`17,216`	`11,625`
`Activities for generating funds:`
`Hall lettings`		`14,012`			`14,012`	`43,719`
`Carpark`		`28,394`			`28,394`	`23,060`
`Flat`		`11,750`			`11,750`	`11,000`
`Other`		`36`			`36`	`63`
`Income from church activities`		`3,919`			`3,919`	`534`
`Other income`		`27`			`27`	`30`
`Investment income`	`2`	`689`		`16,487`	`17,176`	`17,375`
`Total income`		`163,052`	`8,000`	`16,487`	`187,539`	`181,378`
`Expenditure`
`Cost of generating funds`		`2,416`			`2,416`	`13,744`
`Missionary & Charitable Giving`		`15,200`	`100`		`15,300`	`7,100`
`Common Fund contribution`		`35,000`			`35,000`	`31,500`
`Clergy and Staffing costs`	`3`	`9,293`	`3,000`		`12,293`
`Church Running Expenses`		`44,665`	`1,640`		`46,305`	`34,893`
`Church Repairs & Maintenance`		`20,930`			`20,930`	`26,628`
`Hall Running Costs`		`5,020`			`5,020`	`4,359`
`Hall Repairs & Maintenance`		`5,912`			`5,912`	`4,769`
`Flat costs`		`29,069`			`29,069`	`16,847`
`Vicarage costs`		`560`			`560`	`684`
`New building work`						`4,650`
`Governance Costs`	`4`	`637`			`637`	`572`
`Total expenditure`		`168,702`	`4,740`		`173,442`	`145,746`
`Gains/(losses) on investments`	`7`			`(18,475)`	`(18,475)`	`10,341`
`Net income/(expenditure)` `before transfers`		`(5,650)`	`3,260`	`(1,988)`	`(4,378)`	`45,973`
`Transfers between funds`	`12`	`22,000`		`(22,000)`
`Net movement in funds`		`16,350`	`3,260`	`(23,988)`	`(4,378)`	`45,973`
`Reconciliation of funds:`
`Total funds brought forward`		`46,071`	`8,167`	`553,926`	`608,164`	`562,191`
`Total funds carried forward`	`12`	`62,421`	`11,427`	`529,938`	`603,786`	`608,164`

		`2025`	`2024`
		`Total`	`Total`
	`Notes`	`funds`	`funds`
`Fixed assets`
`Tangible assets`	`6`	`8,711`	`9,919`
`Investments`	`7`	`443,656`	`462,131`
		`452,367`	`472,050`
`Current assets`
`Debtors`	`8`	`15,043`	`10,192`
`Cash at bank and in hand`		`176,829`	`166,919`
		`191,872`	`177,111`
`Liabilities`
`Creditors: Amounts falling due in one year`	`9`	`(36,853)`	`(10,697)`
`Net current assets less current liabilities`		`155,019`	`166,414`
`Total assets less current liabilities`		`607,386`	`638,464`
`Creditors: Amounts falling due after more than one`
`year`	`10`	`(3,600)`	`(30,300)`
`Total net assets less liabilities`	`11`	`603,786`	`608,164`
`Represented by:`
`Unrestricted funds`		`62,421`	`46,071`
`Restricted funds`		`11,427`	`8,167`
`Endowment funds`		`529,938`	`553,926`
`Total funds of the church`	`11, 12`	`603,786`	`608,164`

	`Unrestricted`	`Restricted`	`Endowment`	`Total`
`Current year`	`funds`	`funds`	`funds`	`funds`
	`£`	`£`	`£`	`£`
`Wages & salaries`	`9,000`	`3,000`		`12,000`
`Social security costs`
`Defined contribution pension costs`
	`9,000`	`3,000`		`12,000`
`Payroll bureau`	`293`			`293`
`Total staff costs`	`9,293`	`3,000`		`12,293`

	`Equipment`	`Total`
	`£`	`£`
`Cost`
`At 1 January 2025`	`11,793`	`11,793`
`Additions in year`	`1,151`	`1,151`
`At 31 December 2025`	`12,944`	`12,944`
`Depreciation`
`At 1 January 2025`	`1,874`	`1,874`
`Charge for year`	`2,359`	`2,359`
`At 31 December 2025`	`4,233`	`4,233`
`Net book value`
`At 31 December 2025`	`8,711`	`8,711`
`At 31 December 2024`	`9,919`	`9,919`
`7.` `Investments`
	`2025`	`2024`
`All investments are listed`	`Total`	`Total`
	`£`	`£`
`Market value 1 January 2025`	`462,131`	`451,790`
`Additions at cost`
`Net gain/(loss) on year-end revaluation`	`(18,475)`	`10,341`
`Market value at 31 December 2025`	`443,656`	`462,131`
`Historic cost at 31 December 2025`	`80,736`	`80,736`

		`2025`	`2024`
		`Total`	`Total`
		`£`	`£`
`Trade`	`debtors`	`1,100`
`Accrued income`		`12,183`	`20,932`
`Prepayments`		`1,760`	`1,260`
		`15,043`	`22,192`
`Provision for bad and doubtful debts`			`(12,000)`
		`15,043`	`10,192`
`9.`	`Creditors: amounts falling due within one year`

	`2025`	`2024`
	`Total`	`Total`
	`£`	`£`
`Co-Mission Interest Free loan`	`6,400`	`5,200`
`Trade creditors`	`3,280`
`Accruals`	`1,195`	`4,391`
`Other creditors`	`21,538`	`1,106`
`Deferred income`	`4,440`
	`36,853`	`10,697`

	`2025`	`2024`
	`Total`	`Total`
	`£`	`£`
`Co-Mission Interest Free loan`	`3,600`	`10,800`
`Other creditors`		`19,500`
	`3,600`	`30,300`

	`Unrestricted`	`Restricted`	`Endowment`	`Total`
	`funds`	`funds`	`funds`	`funds`
	`£`	`£`	`£`	`£`
`Tangible fixed assets`	`8,711`			`8,711`
`Investments`			`443,656`	`443,656`
`Current assets`	`68,185`	`37,405`	`86,282`	`191,872`
`Current liabilities`	`(10,875)`	`(25,978)`		`(36,853)`
`Liabilities falling due after more than` `one year`	`(3,600)`			`(3,600)`
`Net assets at 31 December 2025`	`62,421`	`11,427`	`529,938`	`603,786`
	`Unrestricted`	`Restricted`	`Endowment`	`Total`
`Prior year comparative`	`funds`	`funds`	`funds`	`funds`
	`£`	`£`	`£`	`£`
`Tangible fixed assets`	`9,919`			`9,919`
`Investments`			`462,131`	`462,131`
`Current assets`	`56,543`	`28,773`	`91,795`	`177,111`
`Current liabilities`	`(9,591)`	`(1,106)`		`(10,697)`
`Liabilities falling due after more than` `one year`	`(10,800)`	`(19,500)`		`(30,300)`
`Net assets at 31 December 2024`	`46,071`	`8,167`	`553,926`	`608,164`

	`At 1`			`Gains/`	`Transfers`	`At 31`
	`January`			`(losses) on`	`between`	`December`
	`2025`	`Income`	`Expenditure`	`investments`	`funds`	`2025`
	`£`	`£`	`£`	`£`	`£`	`£`
`Unrestricted funds`	`46,071`	`163,052`	`(168,702)`		`22,000`	`62,421`
`Restricted funds`
`Outreach`	`7,161`		`(1,640)`			`5,521`
`Salary support`		`8,000`	`(3,000)`			`5,000`
`Vicar's` `Discretionary`	`1,006`		`(100)`			`906`
	`8,167`	`8,000`	`(4,740)`			`11,427`
`Permanent`
`endowment funds`
`Sports Ground` `Fund`	`553,926`	`16,487`		`(18,475)`	`(22,000)`	`529,938`
`Total funds`	`608,164`	`187,539`	`(173,442)`	`(18,475)`		`603,786`
	`At 1`			`Gains/`	`Transfers`	`At 31`
`Prior year`	`January`			`(losses) on`	`between`	`December`
`comparative`	`2024`	`Income`	`Expenditure`	`investments`	`funds`	`2024`
	`£`	`£`	`£`	`£`	`£`	`£`
`Unrestricted funds`	`34,295`	`154,683`	`(142,907)`			`46,071`
`Restricted funds`
`Outreach`		`10,000`	`(2,839)`			`7,161`
`Vicar's` `Discretionary`	`1,006`					`1,006`
	`1,006`	`10,000`	`(2,839)`			`8,167`
`Permanent`
`endowment funds`
`Sports Ground` `Fund`	`526,890`	`16,695`		`10,341`		`553,926`
`Total funds`	`562,191`	`181,378`	`(145,746)`	`10,341`		`608,164`

	`2025`	`2024`
	`£`	`£`
`Acting as Agent receipts in the year:`
`Fees collected on behalf of the London Diocesan Fund`	`807`	`523`
`Flat deposits lodged with Flat Deposit Custodial Scheme`	`1,800`	`1,000`
	`2,607`	`1,523`

`Acting as Agent receipts in the year not yet paid over as at`
`31 December 2025`	`241`

					`2024`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
	`Notes`	`funds`	`funds`	`funds`	`funds`
		`£`	`£`	`£`	`£`
`Income and endowments`
`Planned giving`		`59,635`			`59,635`
`Collections and other giving`		`3,963`			`3,963`
`Other voluntary receipts`		`374`	`10,000`		`10,374`
`Gift Aid recovered`		`11,625`			`11,625`
`Activities for generating funds:`
`Hall lettings`		`43,719`			`43,719`
`Carpark`		`23,060`			`23,060`
`Flat`		`11,000`			`11,000`
`Other`		`63`			`63`
`Income from church activities`		`534`			`534`
`Other income`		`30`			`30`
`Investment Income`	`2`	`680`		`16,695`	`17,375`
`Total income`		`154,683`	`10,000`	`16,695`	`181,378`
`Expenditure`
`Cost of generating funds`		`13,744`			`13,744`
`Missionary and Charitable Giving`		`7,100`			`7,100`
`Common Fund contribution`		`31,500`			`31,500`
`Clergy and Staffing costs`	`3`
`Church Running Expenses`		`32,054`	`2,839`		`34,893`
`Church Repairs & Maintenance`		`26,628`			`26,628`
`Hall Running Costs`		`4,359`			`4,359`
`Hall Repairs & Maintenance`		`4,769`			`4,769`
`Flat Running Costs & Maintenance`		`16,847`			`16,847`
`Vicarage costs`		`684`			`684`
`New Building work`		`4,650`			`4,650`
`Governance Costs`	`4`	`572`			`572`
`Total expenditure`		`142,907`	`2,839`		`145,746`
`Gains/(losses) on investment assets`	`7`			`10,341`	`10,341`
`Net income/(expenditure) before` `transfers`		`11,776`	`7,161`	`27,036`	`45,973`
`Transfers between funds`	`12`
`Net movement in funds`		`11,776`	`7,161`	`27,036`	`45,973`
`Reconciliation of funds:`
`Total funds brought forward`		`34,295`	`1,006`	`526,890`	`562,191`
`Total funds carried forward`	`12`	`46,071`	`8,167`	`553,926`	`608,164`