THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST Registered Charity No. 1016183
TRUSTEES ANNUAL REPORT
BALANCE SHEET AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025
1, ADMINISTRATIVE INFORMATION
The St Andrew's Church Hall Trust is a charity registered with the Charity Commission with number 1016183.
The principal address is St Stephen's House, Hide Place, London SW1P 4NJ.
The Trustees who have served from 6 April 2024 until the date of this report were:
Trustees: Appointed by: Jane Franses (until 1 December 2025) PCC of St Peter's, Eaton Square Rev Jonathan Kester (from 1 December 2025) PCC of St Peter's, Eaton Square Janet Taylor PCC of St Stephen with St John, Westminster Edward Barker (Chairman) PCC of St Stephen with St John, Westminster Elizabeth Szewczyk PCC of St Stephen with St John, Westminster Rev Graham Buckle Ex Officio Trustee
2. STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust is governed by the provisions of a Charity Commission Scheme dated 18 September 1953 as amended by an Order dated 15 July 1988.
The Scheme provides for three Representative Trustees to be appointed by the PCC of St Stephen with St John, Westminster and for one Representative Trustee to be appointed by the PCC of St Peter's Eaton Square.
The administration of the Trust has been undertaken by the Bursar employed by the PCC of St Stephen with St John, Westminster. A cost of this administration of £350 has been charged to the Trust,
3. OBJECTIVES AND ACTIVITIES
The objectives of the Trust are to divide the clear income of the Trust in two halves and for it to be applied in furthering the religious and other charitable work of the Church of England in the parishes of; a} St Stephen with St John, Westminster,
b) St Peter's Pimlico with Christchurch, Westminster (known as St Peter's, Eaton Square).
When planning the activities for the year, the Trustees have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
4, ACHIEVEMENTS AND PERFORMANCE
The accounts show an increase in total incoming resources to £58,290 for this year (2024: £56,798) because of a rise on income from ail investments. The income arising during the year (excluding deposit account interest} represents a return on capital of 3.32% (2024: 3.10%).
The Trustees have agreed donations of £28,670 to each church, distributing the total accumulated reserves on unrestricted funds.
The payment of these donations and of the administration charge of £350 to the PCC of St Stephen with St John, Westminster are related party transactions. The donations are made in accordance with the constitution. The payment of the administration charge has been agreed by the trustee representing St Peter's, Eaton Square, The donations and the adminstration charge are included as liabilities in the accounts.
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
ANNUAL REPORT CONTINUED
FOR THE YEAR ENDED 5 APRIL 2025
5. FINANCIAL REVIEW
investment Strategy: The investment policy of the Trustees is growth in income over the long term whilst maintaining the level of capital invested, subject to market fluctuations.
Reserves Policy: The “Income Distribution" clause in the Governing Scheme does not allow for the accumulation of income reserves.
The accounts for the year to 5 April 2025 and the Balance Sheet at that date were approved by the Trustees at a meeting heid on 6 January 2026.
Chair of Trustees
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THE ST ANDREW'S CHUACH HALL CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREW'S CHURCH HALL CHARITABLE TRUST FOR THE YEAR ENDED 5 APRIL 2025
|} report on the accounts of the charity for the year ended 5 Aprif 2025, which are set out on pages 5 to 8.
Respective responsibilitles of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required far this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed, It is my responsibility to:
© examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commissioner under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examinationwas carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures In the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the reportis limited to those matters set out In the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and ~ to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion,attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Heather Cheesman FCA
Chichester Accounting
104 Stockbridge Road
Chichester West Sussex PO19 BaP
Date: 20 th SANUOIY 2026
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED5 APRIL 2025
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|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Endowment|Total|
|Funds|Funds|Funds|
|£|£|£|£|
|INCOME|
|Interest|received|-|Deposit Accounts|3,929|-|3,929|3,499|
|Investment|Income:|
|COIF|Charities|Ethical|Investment|Income Shares|26,203|-|26,203|25,695|
|CBF|investment|income Shares|16,778|-|16,778|16,447|
|CBF|Property|Fund|Shares|11,380|-|11,380|11,157|
|TOTAL INCOME|58,290|-|58,290|56,798|
|EXPENDITURE|
|Charitable|donations|(Proposed):|
|The|PCC of St Stephen|with|St John,|Westminster|28,670|-|28,670|27,924|
|St|Peter's,|Eaton|Square|-|Repair and|Ministry|Fund|28,670|-|28,670|27,924|
|Administration|350|-|350|350|
|Independent|examination|600|-|660|600|
|TOTAL EXPENDITURE|58,290|-|58,290|56,798|
|NET INCOME/EXPENDITURE|BEFORE|
|RECOGNISED|GAINS AND|LOSSES|-|-|-|-|
|Net gains/losses|on|Investment Assets|
|Unrealised|gains|-|3,068|3,068|108,130|
|Unrealised|losses|-|-85,666|-85,666|~13,984|
|NET MOVEMENT|IN FUNDS|-|-82,598|-82,598|94,146|
|TOTAL FUNDS|BROUGHT FORWARD|-|1,720,855|1,720,855|1,626,709|
|TOTAL FUNDS|CARRIED|FORWARD|-|1,638,257|1,638,257|1,720,855|
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
BALANCE SHEET AT 5 APRIL 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| FIXED ASSETS | ||||
| Investments (Note 4) | 1,638,257 | 1,720,855 | ||
| CURRENTASSETS | ||||
| DepositAccounts | 58,169 | 56,655 | ||
| CurrentAccount | 56,919 | 143 | ||
| 115,088 | 56,798 | |||
| LESS LIABILITIES: AMOUNTS FALLING DUE | ||||
| WITHIN ONE YEAR | ||||
| Charitable donations | 113,188 | 55,848 | ||
| Administration and Governance | 1,900 | 950 | ||
| 115,088 | 56,798 | |||
| NETCURRENTASSETS | - | - | ||
| NETASSETS | 1,638,257 | 1,720,855 | ||
| FUNDS | ||||
| Unrestricted Fund (Note 5} | - | - | ||
| Endowment Fund (Note 5} | 1,638,257 | 1,720,855 | ||
| 1,638,257 | 1,720,855 |
Approved by the Trustees on 6 January 2026 and signed on their behalf by:
Chair of Trustees
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
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NOTES TO THE ACCOUNTS
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FOR THE YEAR ENDED 5 APRIL 2025
1. BASIS OF ACCOUNTING
The accounts have been prepared in accordance with Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102), with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with FRS 102 and with the Charities Act 2011, The accounts have been prepared under the historical cost convention, except for the revaluation of Investments. St Andrews Church Hall Charitable Trust is a public benefit entity within the meaning of FRS102.
2. ACCOUNTING POLICIES
Income
income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the income; the trustees are virtually certain they will receive the income; and the monetary value can be measured with sufficient reliability. investment income is included in the accounts when receivable. Investment gains and losses include any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Expenditure and Liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Administration costs include the cost of the preparation and examination of the statutory accounts, the cost of trustee meetings and the cost of any legal advice to trustees on goverance and constitutional matters.
Assets
Investments are valued at market value at the year end.
3. INCOME FROM THE YEAR
The total Income of £58,290 arising during the year was expended during the year (2024; £54,083). Net unrealised Josses on the investments were £82,598 (2024; net unrealised gains £94,146).
4, INVESTMENTS
Investments are shown at their market value: realised and unrealised gains and losses are recognised in the Statement of Financial Activities.
| Statement of Financial Activities. | |||||
|---|---|---|---|---|---|
| Number | Cost | Market Value | MarketValue | Gain/Loss | |
| 2025 | 2024 | ||||
| COIF Charities Ethical investment | |||||
| Fund Income shares | 298,434 | 538,793 | 853,970 | 906,106 | -52,137 |
| CBFChurch ofEngland Investmer | |||||
| Fund Income shares | 26,619 | 302,741 | $72,972 | 606,501 | ~33,529 |
| CBFChurch ofEngland Property | |||||
| Fund Income shares | 171,383 | 195,188 | 211,315 | 208,248 | 3,068 |
| 1,638,257 | 1,720,855 | -82,598 |
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THE ST ANDREW'S CHURCH HALL CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
5. ANALYSIS OF NET ASSETS BY FUNDS
| Unrestricted | Endowment | Total | Total | |
|---|---|---|---|---|
| Fund | Fund | 2024 | 2024 | |
| FixedAssets | . | 1,638,257 | 1,638,257 | 1,720,855 |
| Current Assets | 115,088 | - | 115,088 | 56,798 |
| Current Liabilities | -115,088 | - | -115,088 | -56,798 |
| FundBalance | - | 1,638,257 | 1,638,257 | 1,720,855 |
6. RELATED PARTY TRANSACTIONS
The payment of the donations and of the administration charge of £350 to the PCC of St Stephen with St John Westminster are related party transactions. The donations are made in accordance with the constitution. The payment of the administration charge has been agreed by the trustee appointed by St Peter's Eaton Square. The donations and the administration charge are included as current liabilities in the accounts.
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