2025-06-30-accounts

FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD FINANCIAL STATEMENTS YEAR ENDED 30TH JUNE 2025

FIRST CHURCH OF CHRIST, SCIENTIST. WATFORD SIGTr41FICAwf INFORMATION The Church has been a recognised branch of The Mother Church. Th¢ First Church of Christ. Scientist. Bo)rtor., Massachusetts since I l August 193) and established under a ConsLltuiion & Rules. The iiile to ihe Church property is DOW vested with ihe OtTicial Cusiodian for cha￿lIeS. Chureh & Readin¢F Roo Adtjross: 53 c￿10bUry Drive, Watford, Herts. WDI 7 3AD Charity Number: 1040059 ExeculiTr¢ Board & Trustees: Jason Rawlings {ChaiTman) Wendy Carter Philippa FlamondGoyne Caroline Bartlett Cterk... John Houston Treasurer: Jason Rawlings Adi'isors: Lloyds Bank plc. Watford. WD17 2DU Deposiis.. Hornpshire Tn￿ Bank P O Box 74003 London EC2P 2 QR Finan¢hal Adviser= J8mes Chamberlain Avidity Wealth ManagemenL St Albans. ALI 5FL Inv¢stmeni Manager Quilter Inve￿ment Plarfom Ltd, Sunderland. SR43 4JP Independent Examiner: D A Gon Marple, Stockw)rt SK6 6PJ

FIRST CHURCH OF CHIUST, SCIENTIST. WATFORD REPORT OF THE EXEcirrtVE BOARD & TRusfEES FOR THE YEAR ENDED 30TH JUNE 2025 Mission Statement The pwpose of ihe Cliur.-b. is io.m2iittain and spread the bwh8s fi>nh in the Biblc and in kienc¢ & He81th ith Key to the Scriptures by Mary Baker Eddy. Execu¢ive Bolrd Mernbe￿ cwrynilv servingaff:_ Jsson RAwlings IChairni•nl Wendy Carter Philippa Flamortd- Goyne Caroline Bartlett Revie The ChL￿h coniinued io hold regular SuThlay services and Wedne5d#y kstimony meetings maintain a RtadinB Room and SuJthy School. The Little Sparkles Pre-sch￿]. who has Eeen op¢otirtg forienyeats. tEs now their debL A sienific?ni event the ins¢allaiTon ofsolarpnel& Th¢ pU[th￿ Wds pjff fijtthd ty a 75% grant frt¥n TnL81 Bril fo Lyhich we e￿remelY ￿eful. Ihe ChueLI swmsoTed one leaure, 'The ScierK¢ of Grxl aNJ its Powerio transforni us. by Nikki O'Hag given in Church, in petson on 29 2025. r clJ3rit2ble giving 2Kain irKluded a regu18r¢ontribution to th¢Joint C S Cknline Reading ROJM aThJ ￿fted liieratu¢. This yw do(M(iors were also rnadekn FI￿￿. fJD2llti21 Position The Church enjoyed a su¢ttssfiLI year. The Receipic & Payrnents account on page 3 shows an owaiin8 surplus forihe year of £10988 compared tts * deficit of£53•4 in ?024. This tum-around mainly due ¢0 lettings income at £34k. havin8 more than dwbled. Notsble new expendiwre compris¢d £4k on solar and £4k on electrical wor The final of £14k b00s￿d by agencr31 £5k gt8nt from the W¢smiin$￿ Fund. Rtserves Poli¢y Liquid ttserves r05e from £58514k w £7450? as ai 3￿ Junt ?025 and are considered ad¢qu#¢e 10 meei trJth present tommitmems a￿j the ¢osi of Maintaining theChur¢h ar¥J Readin8 RCKJM for the foreseeable future. A<kttowled8erllent The ExecLiiiie Board is ithjebtrd io rnemttts and helpers forts*ircofflIn￿d dedi￿1￿ atsj supp)rt. J8son P2wlings Chasrman Sepwnber 2025

FIRST CHURCH OF CHRIST, SCIENTIST. WATFORD Reeeipts & Pavmentg AccoMDt for the year ended 30th Jllne 2025 2025 2024 RECElYtS iolle¢ritsns & DOn￿lonS Gift Aid-. Donations 606 655 7800 i926 234? 346)) RefiJnd12 YTS) Bank Inle￿$[ L¢￿I￿g & Licen5in¥ Rtading Roorn Sales Less Cobl 01 Sales 3066 15228 1379 ?002 1541 1244 297 48704 PAYMENrs Allo%4an¢es IOffJc¢rs & Musict2rts) Donations Pro-RaTa COP 'relephone. Iniernel & h)om Printing. Ststtonery & Posrage Journal iaro Lite￿tUre Accodniancy L¢cruicS {Net Cost) Sandri65 G&%. Eie¢Eri¢ity & Waier Insorance Re41tcorAlin8 Wall Piup¢ny Repairs & Mainlenance Cl¢attiJig & Gxrdenin8 Eleitrical Boiler Rrpair Solar Panels {£14.6K- 8rott1 £1 IK) 5350 1970 24? 4968 774 ?20 864 45 499 710 540 1360 163 10263 1725 1950 3451 5199 45 413 70) 590 30) 480 9i91 2247 2101 5309 3758 1126 3646 37716 33857 OPERATING SURPLUSI IDEFICJT) L'nTt#li5td Jnve$im¢DI G*1# l (Lom) IW'egtmlusi¢r Fubd) SLRPLLS I (DEFICIT) IN YEAR 10988 1182] ) 4000 {$324) 3702 14167 11622 )

FIRST CHURCH OF CHIUST, SCIENTIST, WATFORD Statement of Assets & Liabilities os ot 30th June 2025 2025 2024 FIXED ASSETS ChuTch Freehold Premtses 221856 221856 EQUITY IIVESTME.NTS Quili*F FIO.11olio OJ Inarket value 51886 $3707 CURRE)T ASSETS amhri(:&L' &. Co￿At}eS B)n Hampshire Trust Battk: Easy Acce5S l Yr Bortd 32958 22597 35877 BAnk Cbrrent Account: Lloyds asli In l itsri 16003 25 25531 2) 74502 $8514 TOTAL.TN'ET,ISSL TS 348244 334077 REPRESEIYTED BY:_ General FuLd Balanke LIIE ai 1:'7124 334077 14167 335699 Surplus / (Deficit) in year (1622 ) 348244 334077 Appro&ed bv the Ex¢cutiv¢ Board on ...........-.................. 2025 and signed on their behall'by- Jason R8wliDgs Chajrinan / Treasurer CaroIin¢ Bartlett Dire¢tOT / Trustee