SECOND CHURCH OF CHRIST, saENTIST, LONDON FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
SECOND CHURCH OF CHRIST, SCIENTisf, LONDON CHARITY INFORMATION Trustees Francoise Andre Philip Wylie Amina Hassan Treasurer Eduardts Rubio Clerk Lara Fenocch Charltable Trust Numljer 1084322 Princlpal Addre55 104 Palace Garden Terrace London W8 4RT Independent Ex?mlneT Kati Cunningham Ltd Chartered Certilled Accountants 135 Nottin8 Hill Gate London Wll 3LB Bankers CAF Bank Ltd 25 Kln8s Hill Avenue West Malllng Kent ME19 41a Page 1
SECOND CHURCH OF CHRIST, SCIENTIST. LONDON THE TRUSTEES REPORT FOR THÉ YEAR ENDED 31 DECEM&ER 2025 The Trustees present their report and accounts for the year ended 31 December 2025. The Trustees for this thurch are known in the by-laws as "The Board Constltutlonal informatlon Second Church of Christ, Scientist, London is a registered charitable trust number 1084322. It is a branch of The Mother Church, The First Church of Christ. Scientist. in Boston, Mas5achusetts. The church is constituted by the by-laws. Objertives orKanisation and artivities The object of this church is to spread and maintain the teachings of Christian Science as found in the bible, Science ond Health with Key to the scriptures, by Mary Baker Eddy, the Discoverer and Founder of Christian Science. and to maintain the advancement of Christian Science in any manner which will be charitable at law and in particular for the purpose5 of Second Church of Christ, Scientist, London. Revlew of Progress and Achlevements The church accounts included with this report show that takinE one year with another there is a matching of receipts and payments. and the balance at the bank at the end of the year 15 sufficient to meet the foreseeable requirernents. Risk management The trustees actively review the rnajor risk which thè charity faces on a regular basis and believe that maintaining reserves at their current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resouices in the event of adverse conditions. The trustees have a150 exarnned other operational and business risks faced by the Charity and confirm that they have established systems to mitigate any significant risks. Basls of preparation of the financial statements These financi31 statements are prepared in accordance with the accounting policies set out in note I to the accounts and comply with the charity's trust deed, the Charities Att 2011, and Accounting and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland publlshed on 16 July 2014. Statement of Trustees, Respon51billtes The trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Th2 law applicable to charities in England and Wales require the trustees to Prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resource5 and application of resources of the charity for that peritsd. In preparing these financièl statements. the trustees are required to.. Page 2
al select suitable accounting policies and then applythem conslstentty,. bl observe the methods and prlclples In the Charlties Statement of Recommended Prattice ¢1 makejudgements and e5tlmate5 that are reasonable and prudent dl state whether applicable UK AttountlnB Standards have been followed, subject to any materlal departures disclosed and explalned In the financial statements.; and el prepare the financlal statements on the golng concern basls unle5$ it is Inapprowiate to presume th* the charfty wlll continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytlme the flnanclal Plisltlon of the charlty and anable thern to ensure that the flnanclal statements comply with the Charities Act 2011, Accounting and Reporting by Charities Statement of Recornmended Practice appllcable to Charltles preparlnB thelr accounts In accordance wlth the Flnanclal Reportlng Stsndard IFRS 1021. the Charity IAccounts and Reports) Regulatlons 2008 and the provislons of the trust deed. They are also responsible for safeguardln8 the assets of the tharlty and hence fortakin8 reasonable steps for the preventlon and detection of fraud and other irregularities. The trustees are responsible for the maintenance and Integrity of the charity and financlal inforniation Included on the charity webslte. LeBlslatlon In the Unlted Klngdom governing the weparatlon and dlsseminatlon of flnandal statements may dlffer from le8i51ation in otherjurisdlrtions. Trustees known as The Board Those vtho have served as members of the Board durlngthe ye3r and thelr perfjod of servlce Is shown below. Appointment of the Board and custodlan trustees Is made by election in accordance wlth the by-laws and the charlty holds its AGM In July when a rotation of Trustees tskes place In accordance wlth the by-laws. The Board Francoise Andre Philip Woie Amina Hassan Approval The report of the Trustees was approved by the board and signed on their behalf. aG. oE.2U Chalmlan Page 3
SECOND CHURCH OF CHRIST, SCIENTisf, LONDON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES Of Second Church of Chrlst. Sclentlst, London We report on the accounts of the Church for the year ended 31 December 2025, which are set out on pages 5 to 8. Respertlve Aesponslbllltles of the Trustees and the Independent Emèmlner. As the Trusteès of the charity you are rÈ5ponsible for the preparatlon of the accounts.. you consider that the audit requirement ol section 144 of the Charities Act 2011 lThe Act) does not apply and that an independent examination is needed. It is our responsibility lo.. examine the accounts lunder sectior¢ 145 of the Act) to follow the procedurts lald down In the General DlrÈctlons gtven by the Charlty Commlssion lunder section 145151 Ibl of the Act.) to state whether partlcular matters have come to our attention. Basls of the ExamSner's Report Our exarnination was carried out In accordance with the General Dirertions glven by the Charlty Commlsslonefs. An examination includes a rev¢ew of the accovntin8 record5 kept by the chaflty and comparison of the accounts presented with these records. It also includes ¢onsidÈratSon of any unusual Items or disclosures Sn the accounts, and seekin8 explanations from you as trustees concerning such matters. The procedures undertaken do not prowde all the evidence that would be required lrt an audlt and consequently we do not express an audlt oplnlon on the vlew given by the accounts. Independent Examlner's report In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe thot in any materi31 respert the requirements.. al to keep accounting records in accordance with Section 130 of the Act and bl to prepare atcounts whith accord with the accounting records and cl to comply with the accoLbnting requirernents of the 2011 Act,. have not been met. to which. in our oplnlon. attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. Katz Cunnin8h?m Ltd Chartered Certified Accountants 135 Notting Hill Gate London Wll 3LB Dated.. Page 4
SECOND CHURCH OF CHRIST. SCIENTIST, LONDON STATEMENT OF FINANCIAL ACTivinES FOR THE YEAR TO 31ST DECEMBER 2025 2025 2024 Incomin8 resources Collectlons and Donations 8,389 2,640 8,389 2,640 othei Income 1nvestment income Investment Income -Endowment and P&8 fund Rent received 44,137 5,207 326,713 50,999 60,341 344,957 456,297 458,937 376,057 384,446 Total Income Less: Ex Light. heat & water rates Insurance Cleanln8 Repairs & renewals. Buildin8 & Equipment Equipment, Furniture & supplSes Organ, piano Repairs tunlng Salarles & honoraria Readlng room expenses and Ilterature COP. Pro Rata Clerk and Treasurer Consumables Telephone & Internet Advertlslng & promotlon Lecture and communlty expenses Gardening expenses 8ank charges Legal and Prolesslonal fees Board expenses Donations Accountancy and Book keeping fees enses 18,718 5,933 21,476 30,592 6,269 802 46,966 4,283 540 344 I,oii 498 697 5,262 80 47 23,230 8,151 20,629 16,047 1,330 1,496 51,459 2,958 S40 147 1,311 676 6,249 2,435 65 35 39 8,000 2,914 7,829 2,917 154,432 230,014 2,150,357 2,380,371 147,543 311,394 1,838,963 2,150,357 surplus of In¢ome I IEKpendSturel for the year Fund balance brought lorwar¢J 1.1.25 Fund Balance Carrled fOvard 31.12.25 Page 5
SECOND CHURCH OF CHRIST, SCIENTIST, LONDON STATEMENT OF A55ETS AND LIABILITIES AS AT 31 DECEM8Eft 2025 2025 2024 Current Assets other debtors Cash at bank Cash Resetve Fund 1,535 21,623 2,443.767 2.466,925 364.415 1,874,062 2,238,477 Current Ilabllltlfrs Other Creditor5 and Accrui15 Deferred Income 6,989 79,565 86,554 ,555 79.565 88,120 Net Curient A$5ets 2,380.371 2,380,371 2,150,357 Represented bv.. Accumulated Funds 2,380,371 2,150,357 IFrancolse Andre The financlal statements were approved by the Board and slgned on their behalf by.. The notes on page 7 and 8 form part ol the financial statements Page 6
SECOND CHURCH OF CHRIST. SCIETrifisT. LONDON NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31 DECEMBER 202S l. Accountlng Policles {a l Basss of preparatlon and assessment of golng concem The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transartion value unless otherwise stated in the relevant notelsl to these accounts. The financial staiements have been prepared in accordance with the Statement of Recommended Prartice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The trustees consider that there are no material uncertainties about the Church's ability to continue a5 a going concern. Suff icient reserves are held to maintain the operalin8 activities whilst future Sncome from charitable operations is sou8ht. The trust constitutes a publlc benefit entSty as defined by FRS 102. The church having a gross income of more than £250,0(Kl in the previous year, has prepared It'5 accounts on the accruals concept and Statement of Recommended Practice ICharltie5 SORPI. Ib l ReconclllatSon wlth prevlous Generally Accepted Accountln8 Policy In preparing the accounts, the trustees have considered whether in applyin8 the accounting policles requlred by FRS 102 and the Charities SORP FRS 102 a restatement of comparatlve Items wa5 considered. No restatement was required. as opening balances and net income and expenditure as reported under previous GAAP is the same as reported for comparatives in this years flnan¢lal statements and accordingly no further reconciliation Is provlded. INCOMING RESOURCES Reco8nltlon of Incomln8 resources These are included In the Statement of Flnancial Activities1SoFAI when- the charity becomes entitled io the resources the trustees are virtually certain they will receive the resources the monetary value can be measured with sufficient reliability Grants and donatlons Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resoufces. Investment income This 15 included in the accounts when receivable. Page 7
EXpENDuRE AND LIA81LmES Llablllty recognltlon Liabllltles are recoBnlsed as soon as there Is a legal or constrLtctlve obll8atlon commlttlng the charfty to pay out resOUe$. Page 8