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 tr*Jth present tommitmems a￿j the ¢osi of Maintaining theChur¢h ar¥J Readin8 RCKJM for the foreseeable future. A