Charity Number.. 1127652 The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Salnts Spitalfields Di0Se of London Report and Audited Financial Statements For the Year Ended 31 December 2025
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Financial Statements For the year ended 31 Decèmber 2025 CONTENTS Pa8e Referénte and Administrativè Details Report of the Parochial Church Council Independerrt Auditors, Report io Statement of Financial Artivities 13 Balance Sheet 14 Statement of Cashflows 15 Notes to the Financial Statement5 16
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Financial Statements For the year ended 31 Decèmber 2025 Charity Number 1127652 Registered oifice Commercial Street London EI 6LY The Governing Document Parochial Church Council Power5 Measure119561 a5 arnended and Church Representstion Rules120061. Members of the PCC Those who served l January 2025 to the date this report was approved are.. Clergy D Wolf M Mathews M Mccutcheon Rector A550ciate Rector Curate Churchwardens W Spirin8 M Thomas Elected Members C lIeV M ThoTnas B Simmon5 H Morri5 R Pointlng TVau8han Lauren Hesp Wilson Wong R Gomes D Winch A Wlnch Stepped down May 2025 Appointed May 2025 Appointed May 2025 Stepped down May 2025 Treasurer Stepped down May 2025 Appointed May 2025 Appointed May 2025 Appointed May 2025 L Zuluaga Arci13 A Shepherd Key Mana8ement Personnel Th05e in ch8rge of planning, directin& controlling, running and operating the Charity. including those members of staff who are the senior management personnel to whoTn the trustees have delegated si8nificant authority or responsibility in the day-to-dèy running of the charity, are the Clergy, Churth Warden5 and Finance Director.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Financial Statements For the year ended 31 Decèmber 2025 Solicitor5 Winckworth Sherwood Miner¥8 House 5 Montague Close London SEI 9BB Audltors Knox Cropper LLP 65 Leadenhall Street Ltrndo EC3A 2AD Bankers Reliance Bank Falth HoLJse 23-24 Lovat Lane London EC3R 8EB Quinquennial In5pertor Janu5 Conservation The Sanderum CentrÈ 30A Upper High Street Th?me, Oxfordshire OX9 3EX
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 The P3rochial Churih Council of The Ecclesiastical Parish of Christ Church with All Saints Spitalfield51"PCC'I submits its report ènd the financièl stateTnents of the PCC forthe yÈar ended 31 December 2025. The financial statements have been prepared In the format prescribed by the Statement of Recommended Practice.. Accounting and Reporting by Ch3ritie5 ISORP20191 and the Financial Reporting Standard 102. The legal and administrative information set out e3rlier in this document forms part of this report. The PCC co-operate5 With the incumbent in promoting the whole mi55ion of the Church within its Parish and beyond,. pastoral, evangeli5tlC, social, and ecumenical. It also h35 responsibility for the non-stipendi3ry Staff and the maintenance of the Church buildinES. In essence. the PCC is a consultative body that represents the views of the congregation as well 35 its own. It should communicate, where appropriate, any decisions of the PCC or its committees to the church,. oversÈÈ and advisÈ in the financial affair5 of thè church. pray and champion the vision for the church. l. Structure* govèrnance and managernent Christ Church Spitalfields is part of the Oiocese of London within the Church of England. The PCC is a bodv corpor3te IPCC Powers Measure 1956, Church Representation Rule5 20061. The method of appointtnent of PCC member5 15 Set out in the Church Repre5ent3tion Rules and metnbers are drawn from those on the Electoral Roll of the parish. Following a decision at the APCM of 2021 the PCC is now comprised of 3 maximum of 14 elected members (elected annually), our Deanery synod reps, two church wardens and any licensed clergy. PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including decidin8 on how thÉ PCC'S funds are to be spent. The full PCC met on slx occasions durlng the year. Its StandSng committee met In the Intervenlng months to shape the work of the PCC and make executive deci5ion5 where needed. They also operate as the staffing committee. In addition, the PCC has set up working groups.. the Finance Team. and the 5afegJardingTeam. In 2003, the PCC set Jp Christ Church Community Vision Iservlcesl Limlted ICCCVS Ltdl, to manage the buildlng in a self-funding 3nd sust3inable w3y. CCCVS Ltd is a company registered In the UK (company number 048430021. Retstlonshlpswlth otheror6anlsotlons The PCC works closely with a number of other charities and linked or8anisètions-. ChrSst Church Foundation IcharSty no. 10919251 Is a sSnklng fund for all long-term malntenance of Christ Christ Church Primary School Brick LanÉ- a voluntèry aided Churth of England school to whith the PCC appoints Governors. The Mary Baker Charity which make5 8ifts to the poor and sick. The Norton Folgate Almshouses which manages 11 housing units for the poor of Tower Hamlets and one comrnercial premise5 locally. Tower Hamlet5 Mission Project- Working Wlth churche5 acr055 Tower HamlÈt5 With a focus on children and familie5. young people. church revit4liiation and church planting. GrowTH An organi53tion working with churches across Tower Harnlets to host 3 nightshelter for rough sleepers in winter months. Enablingcommittee Istanding Committee)
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 Thi5 15 the only committee required by law. It 15 the leadership team of the PCC and plans the work of the full PCC over the year. It hès powèr to trènsètt the business of the PCC betwèen its mÈetln8s, subject to èny direction5 given by the PCC. It5 membership comprises the incumbeni, associate priesVcur8te, churchwarden5, the PCC secretary 3nd tre35urer 3nd sub-committee chairs. The Standing Committee meet5 every other month from PCC to discuss matters and set the agenda for the PCC. Church Attendance The electoral roll is completely reviewed and revised once every five year5 and wa5135t updated in 2025. At the la5tAPCM the electoral roll stood at 15912024.. 1791. Rlsk Management The PCC acknowledges that they have è responslbility for the identificatlon and proper manèEement of risks faced by the church in achieving its primary aims. The PCC has therefore assessed the major ris to which the church 15 exposed, in particular, those relatingto the Specific operational are35 of the church, its investrnents and Its finan5. The PCC believes that, by monitoring reserves levels, by ensuring that controls exist over kev financial sy5tem5, and by examining the operational risk5 faced by the church, it has established effective systerns and procedures to mitigate those risk5. A comprehensive risk register 15 in place and 15 regularly reviewed 3nd revised. Operational Area Risk Managemènt security & SafeÈuarding There is a major security, Safeguarding, or health & safety Safeguarding- there Is a 5afegu3rding policy in place and a designated 53feguardin8 officer. All volunteers who have direct contact with children or vulnerable adLJlts ès well as pastoral team members are required to have a DBS, which is renewable every three ye?rs', we ensure that insurance policies are up-to-date and cover LJS for identified risks. we maintain up- to-date incident logs To mitigate these potential risks the PCC aimsto maintain a reserve and approves a unrestricted funds bud8et which shows a surplus of income over expenditure. Monthly management accounts are prepared comparing income ènd Èxpenditure with budget to enable thi5 to be monitored., PCC offici315 ensure proper Income and expenditure.. there is 3 risk that expenditure could exceed income line with the targer operational tash rp5ervÉs. Regular communications with mernber5 regarding giving strategy and also with busine55 partners. including cccvs.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 Income and expenditure-. there is 3 riskthat expenditure could exceed income ensure th3t insurance policie5 are up-to-date and include contents insurance and propèrtv owner's liability, Subcontracted where Bppropriate 2. Objective5 and artivities When reviewing and planning the activities of the church, the incumbent and the PCC have considered the Charity Commi5510n'5 guidance on public benefit and, In particular. the Specific guid3nce to charities for the advancement of religion. In accordance with the objectiveto protnote the whole mi55i0n ofthe Church, we aim to enable the development of personal faith, the sharing of the good news of Christianity, and the growth of cornmunity in our parish, bv.. Regular worship and prayer in a v3riety of formats. open to 311. Enabling 3ccess to sacred space5 for personal prayer and contemplation., The opportunity to explore Christian faith through the Alpha course. The provi510n of other community courses which are based on Christian teachings.. Delivering COLJrsÉs aimed at developing loaders and disciples in ourcongrÈ8ation,' Supporting other ch3rires that are working in our local area to care for the community.- Developing and embedding sm311 groups to facilitate community support and communal le3rning about Working together with the School to invest In children and families in the area.. Supporting individuals who are workin¥ in a missionary capacity To facilitate this work. the church buildin8 is used for worship on Sundays and other ministry events throughout the week. It IS Usually open to the general public on Sunday afternoon5 With viewing avail?ble by request Monday-Thur5day unle55 1105ed for a private booking or occasional service. Hanbury Hèll is primarily a place for community and g3therlngs through its commercial lettlng as a coworklng space, and event space. It Is still av3i13ble for church activities and other educ3tional purpose5 by request. The PCry5 tradingcompany, Christ Church CotnmunityVi5ion IService51 Ltd, hosts evpnt5 in the church building and ?ny surpluses from this venture are used to support the mission of the church. 3. Achievements and performance Servlcesand Dlxlpleshlp In 2025 we continued with the 9am, 11am, and Spm 5ervice5 Wlth e3ch service holding 3 specific focu5. The 9am service continues to be directed from the Book of Cotnrnon Prèyerwith the Richard Brid8e Organ played at each service. The 11am service has provisions for children and youth and attracts many families The 5pm 5Érvice 15 geared toward5 young adult5 and student5 and has under8onÉ a revitalisation in the past twÈlvÈ months.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 We have seen a growth in the average number of people attending services from 199to 208 acr055 311 Additionally, we have 118 individuals in life groups and have Successfully launched three new Life Groups In the past six months. An average of 137 people served on a team throughoLrt the Sunday services. Alph continued to grow this year with two Alpha courses offered and 29 people attendinE. Youn8 Life Ministrie5 In respon5eto the physical and ÈTnotional nÈeds of the parish, WÈ launched a Tots & Toddlers group at Christ Church Spitalfields in January 2023 and have seen amazing growth of this program since. The program provide5 SP3ce forthe children to have 3ge Bppropriate toys, soft play, sensory activities, singing and music, and èn8agement with other children their a8e. While the childrèn play, the parents and cèrers are free to have a cup of tea, some cake, 3nd a chat. Frequently we hear struggle5 such as lack of sleep or i55ues with bre35tfeeding, and advice 2nd encouragement are given to the person who is struggling. The program runs in term time and outside of term time, socials are planned with trips to the park, local museums, and play cafes to provide additional point5 of connection for families. We ran two farnily artivities in Spitalfield5 in orderto connectwith the broader community. We had a Family Fireworks Night for bonfire night, and an interactive Christmas program including animals from the Spitalfields City F3rm. These events were well attended by families from the Tots & Toddlers group, familie5 from church, and from the local school, and thosè who were unaffiliated but seekingfun attivities for their family locallv. We had 320 parents and carers. and children attend the Family Fireworks Night and 258 parents ènd carers, and children attend the Family Christmas Program. Youth work continued across the borough in partnership with the Tower Hamlets Mission Proiert, Youth East, and the Message Trust. On Sunday mornings. we have seen a consistent number of youth engaging with the vouth program and further entaeement of the youth in volunteering at the church. Soclal Transformaiion Through a three year grant from the City Bridge Trust, we have continued our food pantry delivery program serving 60 individuals in crisi5 over the past year. Further, we continuèd our 5UPPOrt of GrowTH, hostin8 32 individuals through the Monday night shelter in the crypt in January and February. Buildings Wè received our quinouennial report in 2024 and throu8hout 2025 have continued works hi8hli8hted as concerns within the report overthe last year. Further, the buildingteam continued regular m?intenance ofthe church, Hanbury Hall, Rectory basement, and All Saint5 House. 4. Golng Concern Each ye3r it is theTrustees' responsibility to 5t3te whether or not the annual financial statements have been drawn up on a going concern basls Isee the accountlng policy note on page 131. Going concern Is the assumption that an entity, in this case The Parochi21 Church Council of the Eccle5i3StIC31 Parish Of Christ Church With All Saints Spit31fields, h35 the resource5 (financial or otherwise) to enable it to continue operating for the foreseeable future and, in partiCLJlar, for at least 12 months from the d*È of approval by the Trustees of the financial statement5. If the going concern principle did not apply, then the accounts would be drawn Up on an insolvent basis. GSvinÈ, in particular regular Eivlng. has increased comparSng to the prevlous year, and expenditure has decreased. The unrestricted surplus in 2025 is a positive step towards the continued rebuilding of reserves. This year we hève seen an Èncouragin8 increèse to the success of the trèdin8 subsidiary CCCVS, èlso known as Spitalfields Venue, which exists to support mission and ministry by managing and maintaining all church
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 buildings and generating incorne through venue hire. Any surplus generated over and above what is needed for buildings mènè8ÉmÈnt and maintenance contributes towards unrestritted charitable attivities and buildin8 back up reserves. Financial risks are reviewed regularly by the Finance Committee and the Trustees are confident that the risk levels remain low, ènd the finantial stability we have seen this year is setto continue. 5. Flnanclal ReeW The group reserves incre3sed by £110,064 in the year. The Church's own reserve5 increased by £4,788 during theyear12024- increased by £10,655), before the distribution of 5urplu5 from CCCVS. The balan sheet 5how5 tot?1 net assets of £994,52612024.. £989,293). Included in total funds 3re amounts totalling £59,42412024.. £58.9791 which are restricted. These balances have either been raised for, and their Ljse restricted to, specific purptrses, or they comprise donations subjert to donor-imp05ed condition5. Full detai15 Of these restricted fund5 can be found in note 11 to the accounts tO8ether with an analysi5 of movetnentS in the year. Due to the success of the venue hire, and increased grant income in 2025 the church accounts are required to have an audit rather than an independent examination. and produce consolidated accounts r3ther than the format seen in previous years. 6. Reserves Pollcy The PCC has examined the requirements for free reSee5, i.e. those unrestricted funds not invested in t3ngible rixed 3ssets. The PCC considers that, given the nature of the church's work, free reserves should be equivalent to approximately 1-3 month5, general fund expenditure (depending on the particular expense), plus comrnitted future expenditure on other projeit5, wherefunds permit. The PCC is of the opinion thatthis provides sufflclent flexibility to cover temporary shortfalls in Incoming resources and wlll allow the church to cope and respond to unforeseen emergencie5 whilst specific action plans are implemented. At 31 December 2025 the group had net free reserves of £261,03112024-. net free reserves of £121,494 ès follows.. 2025 2024 Total reserves Less.. restrirted funds Less.- tonÈible filed assets 1,185,fN)I 159.4241 1864,5461 1,074,937 158.9791 1894,4641 Free reserves 261,031 121,494 Free reserves reouirement 3 month's 3verage budgeted routine expenditure 90.000 90.000 Fund5 held by CCCVS at the end of the yeartot311ed £190,475. The PCC is satisfied that 5ufficientfunds are held to cover uneypected operational circumstances and Is now working towards a separate reserve fund for long-term building maintenance. 7. Investment Pollcy The PCC currently places spare funds on bank deposit. The PCC invests in Christ Church Community Vision (Services) Limited ICCCVS Ltd). ro manage the building in se-fUndlng and sustainable way. CCCVS Ltd 15 a company registered in the UK Icornp3ny number 048430021.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 Plans for Future Periods Servitesand Discipleship We p13n to continue the 9am, 11am, and Spm services throughout 2026 and to see an increase in attend3nce in each servite. Additionally, we hope to grow our prayer life 35 a church by 8rowing our daily prayer times with 6am and 7am morning prayer. Through our Life Groups, we are continuing to Invest and encourage growth and leadership. Young Llfe Mlnlstrles We will continue to growTot5 and Toddlers, and to invest in our Family Discipleship provision through addition31 staff as funding allows. Further, we are lookingto continue the familyfun events in 2026 to offer events at Easter, continue with bonfire niEht, and a family Christmas event. The Youth and Discipleship Lead will continue to visit schools, grow youth ministry on a Sunday rnorning, and engage youth from the church in detached youth outreèch across the borough. We want to See an increased level of engagement in each of these streams. Mi55ion and Outreach We hève launched rÉ8ular Bible Outreach on Sunday's and other evan8elistit artivities which are improving the invitation into church family life. Alpha ?nd Welcome Home events have continued being key ways Into faith and pathways into the church. Bulldlngs In 2026 we will continue to addre55 issues raised in the quinquenni31 report such as rnasonry repairs to the building and roofing repairs while also continuing to applyfor grants for other sizeable projerts in the comin8 years such as replacing the copper roof. updating the heating systems to reduce our carbon footprint, and other improvements that will reduce our carbon footprint, such as insulation. 9. Responslbllltles of Tree5 for the Flnanclal Statemems Oplt)lo The PCC is responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Gener311y Accepted Aciounting Practice. Charity law in England and Wales require5 the PCC to prepare financial statements for each financial year which give a true and f3ir view of the state of affairs of the PCC and of the incoming resources and applItioN of resources of the PCC for that period. In prep3ring those financial statement5, the PCC 15 required to. select suitable accounting policies and apply them consistently; Observe the methods and principles of the Charities SORP,. Makejudgements and e5tirnate5 that are reasonable and prudent., State whether applicable accounting Standards have been followed, 5ubjectto any departure5 di5c105ed and exp13ined in the finaniial staternents,. and Prepare the financial statements on the going concern basis unless it Is inappropriate to presume thatthe The PCC is responsible for keeping èdequate actounting retords whith distlosÈ wth reasonable accuracy at any time thefinancial position of the PCC and en3ble5 thern to ensure that the fin3ncial 5t3ternents comply with the Charitie5 Act 2011, the Ch3rity (Accounts and Report51 RegulatlOll5 2008 and the provisions of the governing document.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Trustees. Report For the year ended 31 Decèmber 2025 The PCC is also responsible for safeguarding the assets ofthe PCC and hence for taking reasonable Steps for the prevention and detertion of fraud and other irregularities. The Tru5tee5 are responsible for the maintenance and integrity of the PCC and financial information included in the PCC website. Approved by the Parochial Church Council on 29 May 2026 and signed on its behalf by.. William Spiring Church Warden
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Independent Auditor5. Report For the year ended 31 Decèmber 2025 We have audited the financial statement5 of The Parochi31 Churih Council of the Ecclesiastical Parish of Christ Church with all Saints Spit8lfields (the 'parent charityl and it5 Subsidiary I'the group'l for the year ended 31 December 2025 which comprise the Statement of Financial Attlvities (including the Income and Expenditure Account), the consolldated ènd chèrlty Balance Sheets, consolidated statement of cash flows and the notes to the financial 5tatetnents, includin8 a 5umrn3ry of significant accountln8 policies. The financial reporting framework that ha5 been applied in their preparation is ?pplic3ble 18w and United Kingdom Accounting Standards (United Kingdom Gener311YAcpted Accounting Practicel, including Financial Reportingstsndard 102 The Financial Reportingstsndard applicable in the UK and Republic of Ireland,. In our opinion the financial statements.. give a true and fair view of the state of the group's and parent charity's affairs as at 31 Oecember 2025 and of the group's income and expenditure, for the year then ended. have been properly prepared in accordance with United Kin8dotn Generally Accepted Accounting UK and Republic of Ireland., and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in 3ccordance with Intern3tion?I Stsnd?rds on Auditing IUKI (ISA5 IUKII and applicable law. Our responslbillties under those standards ère further descrlbed in the Auditor's responsibllitles for the audit of the financial 5tstèmentS 5èCtion trf our report. We are independent of the group and parent charity in accordance with the ethic31 requirements that are relevant to our audit of the financial st3tement5 in the UK, these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditin8 the financial statements, we have concluded that the trustees, use of the 80in8 concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncert3intie5 relating to event5 or conditionsth3t, individually or collectively, maycast5ignificant doubton the group orthe parent charity'5 ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to Éoing concern are described In the relevant sections of this report. oiher Informatlon The other information comprises the information included in the Tru5tees' Report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial st3tements does not cover the other information and. except to the extent otherwise explicitly stated In our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doin8 $0, consider whèther the other imformatitrn is materially inconsistent with the financial statement5, or our knowledge obtained in the audit or otherwise appears to be materially misst3ted. If we identify such m2teri31 inconsistencies or apparent material misstatements. we are required to determine whether there Is a material mi5Statement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a materi31 mi55tatement of this other inforrTiation, we are required to report that fact. We have nothing to report in thi5 resard. 101 Pa8e
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Independent Auditor5. Report For the year ended 31 Decèmber 2025 Other matter- prlor year comparatlves The correspondingfigures for the group and the parent charityforthe year ended 31 December 2024 were not audited but were subject to an independent e%èminètion. We have not been engaged to audit. review or applv any procedure5 tD those corre5pondingfigures and accordingly we do not expre55 an opinion or any form of assurance on them. Matters on which we are Required to Report by Exception In the liÉht of the knowledÈe and understandinÉ of the Èroup and parent charity and its environment obtained in the course of the audit, WÈ have not idÈntifiÉd material misstatÈmÉnts in the TrustÈes' RÈport. We have nothingto report in respectofthÉ followingrnatter5 in relation towhith the Charit1É5 Act 2011 require5 us to report to you if, in our opinion.. Proper and adequate accounting records h3ve not been kept, or return5 3dequate for our audit h3ve not been received from br3nche5 not visited by u5,. or The financial statements are not in agreement with the accounting records and returns-, or Certain disclosures ofTru5tees' remuneration specified by law are not made,. or We have not received all the Information and explanations we require for our audit,. or Responsibilities of Trustee5 As explained more fully in the Statement of Trustees, Responsibilities, the trustees ère responsible for the prep3r3tion of the fin3ncial statements and for being satisfied that they 8ive a true and f3ir view, and for such internal control a5 the trustees determine Is necessary to enable the prepar3tion of financial statements that are free from material mi55tatement, whether due to fraud or error. In preparingthe financi31 statements. thetrustee5 are responsible for 355essing the Eroup's and parent charitI5 ability to continue as a going concern, disclosing, ès applicable, matters related to going concern and Ljsing the goingconcern ba515 of accounting unle55the trustÈe5 either intend to liquidate the group or parent charity or to cease operation5, or have no realistic alternative but to do so. Audltgrfs responslbllltles for the audlt of the financlal ststements Our objectives are to obtain re350n3ble assurance 3bout whether the financi315t3tement5 as a whole are free from material misst3tement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is 3 high level of assurance but is not a guarantee that an audit conducted in accordance wlth ISAS IUKI will always detett a material misstatement when it exists. Misstatements can arise from fraud or error and are con5iderÈd matèrial if, individually or in the a8gregatÉ, they could rÈa50nably be expected to influencethe economic decisions of user5 taken on the basis of these financial statements. Irregularitie5, includingfraud, are instsnce5 of non-compliancewith13W5 and regulations. We design procedures including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. The group and the parent charityare required to complywith charity lawand, based on our knowledge of their activities, we identified that thp legal requirernent to accurately account for restricted funds W35 of key significance. We gained an underst3nding of how the group and parent charity complied with their legal 3nd regulatory framework. including the requirement to properly 3¢count for restricted funds. through discussions with management and a review of the documented policies. procedures and controls. The 3udit team, which Is experienced In the audit of charities, considered the group's and parent charity's Susceptibilityto tnaterial tlliS5tatementand how fraud mayoccur. Ourcon5idpration5 included the risk of rn3nageTnent override. 111 Pa8e
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Independent Auditor5. Report For the year ended 31 Decèmber 2025 Our approach wasto check thatall restrirted incomewas properly identrfied and separately accounted for and to ensure th3t only v31id and appropriate expenditure was charged to restricted funds. This included reviewing journal 3djustmentS 3nd unusu31 transactions. Reporting Council's l-FRC's"I websiteat-. https'.l/www.frc.org.uVauditorsresponsibllities. This descriptionforms pèrt of our auditor's report. Use of our report Thi5 report is m3de 501elyto the parent charity'5 trustee5. as a body, in accordance with Part 4 of the Ch3rities (Account5 3nd Reports) Regulation5 2008. Our audit work h35 been undert3ken so that we might state to the parent charity s trustees those matters we are required to state to thetll in an 3uditors' report and for no other purpose To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the 8foLJP and parent charity ènd the parent charity's trustees as a body, for our aLJdit work, for this report, or for the opinion5 we have formed. Knox Cropper LLP Istètutory Auditor) 65 Leadenhall Street London EC3A 2AD Date.. 1010612026 Knox Cropper LLP is eligible to att as an auditor of the group and parent charity in terms of section 1212 of the Companies Act 2006. 121 Pa8e
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitaifields Consolidated Statemènt of Finantial Attivities Ilncluding the Income and Expenditure Account) For the yèar ènded 31 Detember 2025 Total Funds Year Ended 2025 Total Funds Year Ended 2024 Unrestrlcted Funds Restrltied Funds Note INCOME AND EXPENDITURE Income from: Donations & Legacie5 Charitable Activities Other trading activities Other Income 309.959 5,676 767.035 11.067 142,449 452,408 5,676 767,035 11.067 466.773 6.142 446.382 30.008 Total In¢ome 1,093.737 142,449 1,236,186 949,305 Expenditure on.. Raising Funds Charitable Activities 3,746 982,138 3,746 1,122,376 6.693 915,639 140,238 Total Expenditure 985,884 140,238 1,126,122 922,332 Gain/llossl on revaluation of investments Net IncomellExpenditUTel Transfers between funds Net Movement in funds for the year 107,853 1,766 109.619 2,211 11,7661 445 110,064 26,973 li 110,064 26.973 Netfunds at l January 2025 Netfunds at 31 December 2025 1,015,958 1,125.577 58,979 59.424 1,074,937 1,185,(N)I 1,047.964 1,074.937 The notes on pages 16 to 27 form part of these financial statements. All activities derived from continuing operations in each of the above two financial periods. All recognised gains or losses are included in the above Statement of Financial Activities. 131 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Consolidated Balancè Shèèts For the year ended 31 December 2025 GROUP CHARITY 2025 2024 2025 2024 Notes Fixeil Assets Tangible Assets Investments 864,546 894,464 860,346 887,136 864,546 894,464 860.347 887.137 Current Assets Debtors Cash at bank and in hand 91.619 441,524 533,143 97,733 191,489 289.222 30,991 182.320 213.311 28,247 89,267 117.514 Creditors: Amounts falling due within one year io 1212,6881 1108,7491 179,1321 115,3581 Net Current Assets 320,455 180.473 134.179 102.156 Total Assets Le55 Liabilitie5 1,185,001 1,074,937 994,526 989,293 Funds Restrirted Unrestricted Gener31 funds li 59,424 58,979 59,424 58,979 li 1.125.577 1,185.001 1,015,958 1,074,937 93S.102 994.526 930.314 989.293 The notes on pages 16 to 27 form part of these financial statements. The financial 5tatement5 were approved by the Board and authorised for issue on 29th May 2026 and signed on its behalf bv.. Name.. Trustee Registered Charity Number.. 1127652 141 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Consolidated Cash Flow Statèments For the year ended 31 December 2025 Year Ended 31 December Year Ended 31 Detember 2024 Notes 2025 Net cash lused inllprovided by operatin8 activities 13 251,134 102,174 Net cash lused inllprovided by investing attNities 14 11,0991 12,0551 Net change in cash and cash equivalents in the period 250,035 100,119 Reconciliation ot net cash flow to movement in net cash Movement in net Cash in the period 250,035 100,119 Net cash and cash eouivalents brought forward 191,489 91,370 Net cash and cash equiv31entS C3rried forward 441,524 191,489 The charity has not provided an analysis of changes in net debt as it does not have any long-tem) financing arrangements. 151 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 l Accountlng Pollcles Basls of A¢countlng The financial statements have been prepared under the historical cost convention and in accordance with the accounting policies set out in the notes to the financial statements. The financial statements comply with the charity's governing document, the Charities Act 2011, the accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102 second edition- effective from January 20191. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups thar owe an affiliation to another body or those that are informal gatherings of church members. The Charity is a Public Benefit Entity as defined by FRS102. The financial statements are prepared in Sterlin& which is the functional currency of the Group. Going Ctsncem There are no material uncertainties aboutthe charity's ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis. Consolidation The Statement of Financial Activitie5 and Balance Sheet Consolidate the results ol the subsidiary company, Christ Church Comrnunity Vision IS&rvicesl Limited. Income Incorne is recogni5ed when the charitabl& group ha5 entitlernent to th& fund5, any performance condition5 attached to the item of incorne have been met, it 15 probable that the incorne will be received, and the amount can be measured reliably. Income received in advance of hiring events is deferred until criteria lor income recognition are rnet. Voluntary income 8nd donations (including legaciesl are included when the PCC becomes entitled to, probably will receive, and can reliably measure the incorne. Income from the recovery of tax on gift aided donations is recorded in the period to which the relevant donation is received. Grant incorne 15 recognised on a receivable basis. The income from trading activities includes rental income from the letting of church premises and freehold land and buildings which is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs. Interest on funds held on deposit is included when receivable 3nd the amount can be measured reliably by the charitv., this is normally upon notification of th& interest paid or payable by the bank. Expendlture and Irrecoverable VAT Expenditure is accrued as soon as a liability is considered probable and rhe amount can be measured reliably. The subsidiary company is registered for VAT and any Irrecoverable VAT is charged as a cost against the activity for which expenditure was incurred. Expenditure included in Raising Funds includes property maintenance costs. Charitable expenditure includes those costs in fulfilling the PCC'S principal objects, as outlined in the Report of the PCC. These include grants payable, governance costs and an apportionment of supporr costs. Grants payable are payments made to third parries in furtherance of the PCC'S objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The norification gives the recipient a reasonable expectation that they will receive the grant. Grant awards that are subject to the 161 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 recipient fulfillinE performance conditions are only accrued when the recipient has been notified of the grant and any remaininz unfulfilled condition attaching to that grant is outside of the control of the PCC. Governance costs comprise all costs involving the public accountability of the PCC and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees. Fund Accountlng The funds held by the charity are either.. Unrestricted funds- these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds these are funds that can only be used for parricular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for parricular restricted purposes. Taxation The charity is a registered charity and Qualifies for relief from Corporation Tax under chapter 11 of the Corporation Taxes Art 2010. Tanglble Flxed Assets Consecrated Property ond Moveoble Church Furnishings Consecrated land and benefice property such as the church building and vicarage is excluded from the accounts in accordance with slo of the Charities Act 2011. Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable propertyj listed in the church's inventory, which can be inspected lat any reasonable timel. They are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised, but all items are included in the church's inventory in any case. Freehold Lond & 8uildin95 There a no Freehold land and building. Other Fixtures, Fittings & Office Equipment These are capitalised if they can be used for more thèn one year and cost at least £1,500. They are valued at cost or else, for gifts-in-kind, at a reasonable estimate of their open rnarket value on receipt. Depreciation is calculated to write off fixed a55et5 over their estirnated useful live5 on a straight-line ba515 at rate5 011%, 20% and 33.3%. The carrying value5 are reviewed at the year*nd for impairment if circumstance5 indicate that the full carrying value may not be recoverable. The Trustees review the tangible fixed a55et5 annually for any evidence of impairrnent, where there 15 objective evidence of itnpairrment the entity recoBn15es the105S in the SOFA imrnediatelv. Fixed Asset Investments The PCC h35 one investrnent, in Christ Church Community Vision (Services) Ltd, its trading subsidiary. The investrnent of £1 in th& share capital of the company is reflected in these financial st8tement5. In 3ccord3nce with the provisions of chapter 24 of SORP 2015. the result5 of the subsidiary company are con501idated with the charity's financial statements. Debtors and Creditors Debtors are included at th& settlement amount due. Prepayments are valued at the amount prepaid. Creditors and provisions are recognised where the charity has a present obligation arising from a past ev&nt that will probably r&sult in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estim3t&d reliably. Creditors and provisions are recognised at their settlement arnount. 171 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 Cash and Cash Eoulvalents Cash at bank and in hand includes cash and shorr term highly liouid investments with a short maturity of three months or less from the date of opening of the deposit. Finantial Instruments The charitable group only has basic financial instrurnents a5 defined under Section 11 of FRS 102. Basic financial instruments are recognised initially at transattion value and subsequently at settlement value. Pensions The PCC contribute5 to certain employee5, personal pension plan5. These are defined contribution scheme5, the as5et5 of which are held separately frotn those of the charity. The c05t in the accounts 15 the arnount of contribution5 paid and payable during the year. Accounting estimates and key judgements In preparing financial staternents it is necessary to make certain judgement5, e5tirnate5 and assurnption5 that affect the amount5 recogni5ed in the financial 5tatement5. The following judgement5 and estimates are considered by the trustee5 to h8ve most significant effect on amounts rognISed in the financial statements.. Useful econornic life of tangible fixed asset5.' the annual depreciation charge for tangible assets IS 5en5itive to changes in the estimated useful economic lives and residual values of the 85Sets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates. based on technological advancement, future investments, economic utilisation and the physical condition of the assets. 2 INCOME Unrestrlrted Funds Restrlrted Funds Total 2025 Totsl 2024 Donations & Legacies Offerings and donations Gift Aid Grant Income 255.573 54,386 19.003 933 122,513 142,449 274,576 55,319 122,513 452,408 253,196 48,565 165,012 466,773 309.959 Charitable Activitie5 Ministrie5 Income Service fees 987 4,689 5,676 987 4,689 5,676 1.485 4,657 6.142 Other trading income Event Income Organ Income Hanbury Hall Rental Income 611,894 1,917 66,506 86,717 767,035 611,894 1,917 66,506 86,717 767,035 317,466 2,301 2,350 124,265 446,382 Other Income 11,067 11,067 30,008 Total Income 1.093,737 142,449 1.236,186 949,305 181 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 3 RESOURCES EXPENDED ON: Unrestrl¢ted Funds Restrlcted Funds Totsl 2025 Total 2024 Raisin8 Funds Collecting agent fees Fundraising consultants Giving stations 3,746 3,746 2,843 3,400 450 6,693 3,746 3,746 Charitable Activities Direct Ministry Costs Comrnon Fund Clergy & Ordinand Costs Children & Families Ministry Events Evangelisrn Social transformation Book Club Student Mission Youth Ministry Worship & Upkeep of services Away Giving loo,000 1,765 4,707 14,791 258 loo,000 1,765 15,254 15,478 3,215 3,165 95,865 2,096 6,989 14.200 10,547 687 2,957 3,165 25,900 9,802 1,627 1,244 2,404 922 23,553 11,429 1,244 21,861 4,543 177,954 32,247 27,162 57,155 25,717 287,337 19,457 3,621 154,401 Operational Costs Operational staff costs Office costs Communications Bank charges and interest Oth&r running costs Property Man3gement Costs Events Costs H8nbury Hall coworking costs 282,460 1,768 11,139 115 17,621 184,236 209,180 82,718 789,237 97,624 8,851 330 380,084 10,619 11,469 115 25,397 184,236 209,180 82,718 903,818 270,944 30,388 10,898 159 160 218,130 39.990 7,776 114,581 570,669 Depreciation 31.016 31,016 49,597 Governance Costs Legal & Professional fees Audit & Accountancy fee5 104 7.380 2.104 2.208 7.380 5,349 2,687 Totsl Expendlture 985,884 140,238 1,126,122 922,332 191 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 3a Glfts & Grants Unrestrl¢ted Funds Restrlcted Funds Totsl 2025 Total 2024 Grants to Institution Inner Change GrowTH Fusion UK Ltd Tolon behalf of individuals 2,400 21 1,200 2,400 855 1,200 2,400 2,533 834 6,420 Tot31 Giving 3,621 834 4,455 11.353 Di5bur5ements 2,500 St Paul's Shadwell.. SDF fund5 received 2022 United GMH Total Disbursernents 11,865 88 88 88 14,365 4 NETMOVEMENTIN FUNDS This is stated after charging.. 202S 2024 Depreciation of fixed assets Trustees, remuneration Trustees, reimbursed expenses Auditors, remuneration Statutory audit Other services 31,017 49,596 6,300 1,080 5 STAFF COSTS AND NUMBERS Staff costs were as follows.. 2025 2024 Salaries and W8g&s Social Security Costs Pension Costs Freelance staff Other employee benefits 321,268 18,451 14,215 61,651 3,420 419,(M)S 343,247 19,289 12,980 600 376,116 No employees received remuneration in excess ol £60,000 in the year12024.. NIL). 201 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 The total employee benefits of the key manaEement personnel were £14,75112024'. £15,139). These do not include the arnounts paid to the Diocese for the senior pastor, who is funded through the Parish Support Fund and direct stipends charges from the Diocese. 2025 li 2024 14 Average stsff during the year 6 TAXATION The parent charity is exempt frorn corporation tax as all it5 incorne 15 charitable and 15 applied lor charitable purp05e5. 7 TANGIBLE FIXED ASSETS-GROUPANDCHARITY Crypt Re- development Hanbury Hall Fixtures Computer Development &Fittings Equipment 5ubsidlary A55ets Totsl Cost At l January 2025 Additions At 31 December 2025 1,297,529 25,509 196.633 12,535 1,099 13,634 72,921 1,605,127 1,099 72,921 1,606,226 1,297,529 25,509 196,633 Depreciation At l January 2025 Charge for the year At 31 December 2025 420,491 24,223 444,714 17,221 194,823 1,543 1,757 18.764 196,580 12,535 366 12,901 65,593 3,128 68,721 710,663 31,017 741,680 Net Book Value At 31 December 2025 At 31 December 2024 852,815 877,038 6,745 8,288 53 1,810 733 4,211) 7,328 864,546 894,464 The PCC has use of the following properties. Not all of the risks and rewards of their use accrue to the PCC and therefore none of the properties have been capitalised. Prope Christ Church, Commerci31 Street. London El 6LY Ownership Diocese of London Property typeluse Church building., crypt café PCC responsibility Insure and upkeep sub- contracted to Christ Church Community Vision Iservicesl Limited ICCCVSI Insure and upkeep contracted to CCCVS Insure and upkeep contracted to CCCVS Insure and upkeep contracted to CCCVS Hanbury Hall, 22A Hanbury Street, London El 6QR Flat 4, Wesley Court, 22B Hanbury Street, London El 6QR All Saints House, Buxton Streer, London El 5EH Oioce5e of London Church hall sub- Diocese of London Residential flat. let commercially. SUIF Diocese of London Residential property divided into 5 flats, 4 of which are let commercially, l of which is provided to the trainee minister sub- 211 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to the Financial Statements For the year ended 31 December 2025 The Rectory, Freehold Fournier Street, of London El 6QE the Rector 8 FIXED ASSET INVESTMENTS Vicarage None.. Diocese of London has responsibility for maintenance GROUP CHARITY 2025 2024 2025 2024 Investrnent in Subsidiary (Note Ioal 8a Investment In Subsldlarv The investment relates to Christ Church Community Vision (Services) Limited I'CCCVS'I Icompany number: 048430021. a limited company with £1 of sh8re capital to which the PCC is the sole subscriber. CCCVS was s@t up in order to m8nage the church building in a self-funding and sustainable way. At 31 December 2025, the net assets of CCCVS amounted to £189,12712024.. £85,645). Period ending 31 December 2025 INCOME STATEMENT Turnover Depreciation Other & Adtninistration costs Other income Operating Profit 763,255 13,1281 1657,2571 612 103A81 Tax on profit Profit for the Financial Period 103,481 BALANCE SHEET T3ngible 8ssets Current assets 4,200 319.833 Creditor5.' amounts due within one year 1134.9071 Total assets less current llabll1es 189,127 Capltal and ReseNes Called up share c8Pital Retained Profit 189,126 189,127 221 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 9 DEBTORS GROUP CHARITY 2025 2024 202S 2024 Trade debtors Prepayments and Accrued Income 71,307 20,312 91,619 81.916 15.817 97,733 14,841 16,150 30,991 28,247 28,247 10 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR GROUP CHARITY 2025 2024 2025 2024 Trade credito Accruals Social security and other taxes VAT Deferred Income 99,101 11,457 13,391 32,563 56,174 212,687 37,280 5,087 5,398 19,684 41,299 108,749 63,976 7,383 7,773 7,536 4,254 3.568 79,132 15,358 GROUP CHARITY 2025 2024 1025 2024 Deferred income Ba13nce at l January 2025 Amount r&le3sed in year Amount deferred in the year Balance at 31 December 2025 41,299 141,2991 56,174 56,174 22,214 122,2141 41,299 41,299 231 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 11 STATEMENT OF FUNDS GROUP Balance at l January 2025 Tran51ers & Investment GalnlLoss Balance at Income Expenditure 31 December 2025 RESTRICTED FUNDS City Bridge Trust Secular Activities Love your neighbour Strategic Development Fund Special Colleitions Ukraine Bibles & Gospels Student trainin£ Youth Mission Week Children & Families Student mission.. Houseplants TOTAL RESTRICTED FUNDS 4,279 825 19,281 14,624 28,330 13,366 3,818 53,131 88 121,1101 114,1911 13,8721 165,4031 1881 11,499 19,227 586 11,7661 259 188 550 18,934 39 58,979 2,750 1,400 55 39,502 12,9571 11,5881 15211 130,4691 1391 1140.2381 52 84 27,967 142,449 11.7661 59A24 UNRESTRICTED FUNDS General Funds TOTAL UNRESTRicfED FUNDS 1,015,958 1,015,958 1,093,737 1,093,737 1985,8841 1985,8841 1,766 1,766 1,125,577 1,125,577 TOTAL FUNDS 1.074.937 1.236.186 11.126.122) 1.18S.001 CHARITY Balante at l January 2025 Translers & Investment GainlLos5 Balante at 31 December 2025 Income Expendlture RESTRICTEO FUND5 City Bridge Trust Secular Activities Love your neighbour Strategic Developm&nt Fund Special Coll&ctions Ukr8ine Bibles & G0slS Student training Youth Mission Week Children & Families Student mission.. Houseplants TOTAL RESTRicfED FUNDS 4,279 825 19.281 14,624 28.330 13.366 3,818 53.131 88 121,1101 114,1911 13,8721 165,4031 1881 11.499 19.227 586 11,7661 259 188 550 18,934 39 S8,979 2,750 1,400 55 39,502 12,9571 11,5881 15211 130,4691 1391 1140.2381 52 84 27,967 142,449 11.7661 S9A24 UNRESTRICTED FLINDS General Funds TOTAL UNRESTRicfED FUNDS 930.314 930.314 373,179 373.179 1370,1571 1370.1571 1.766 1.766 935,102 935.102 TOTAL FUNDS 989.293 515,628 1510.3951 994,526 241 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 Purposes of restrlcted funds City Bridge Trust: Social transformation.. a 3-y&ar grant given towards th& funding of social transformation project5. Secular actlvltles: donations restricted to the funding of secular activities. Love Your Neighbour fund: forthe purpose of projects responding to local need5 and non-pr05eWi5ing social transformation. Strategic Development Fund: to fund a Tow&r Hamlets-wide project to grow new disciples through a combination of intercultural and youth-focused work. church planting and revitali5ation. Student mlsslon: donations given towards houseplants given away to students. Youth Mission Week: donations given toward5 the running of Youth Mission. Children & Familie5.' to support children and farnilies, ministry. Speclal Collectlons.. funds collected at a service for a nominated charity, UnitedGMH. Ukraine: funds donated for disaster relief in Ukraine. Blbles anil fjospels: funds donated for the purchase of new 8ibles and Gospel materials. Student Training.. funds raised towards the cost of a training programme for the Student Pastor. STATEMENTOF FUNDS COMPARATIVE-GROUP AND CHARITY Balance at l January 2024 Transfers & Investment GainlLoss Balance at 31 Income Expenditure December 1024 RESTRICTED FUND5 City Bridge Trust Secular Activitie5 Love your neighbour Strategic Developm&nt Fund Churchyard security fund Church gardens landscaping Bibles & Gospels Student training Vouth Mission Week Children & Families Student mission.. Houseplants Funer31 Fund TOTAL RESTRICTED FUNDS 1,021 24,842 12,604 2,727 100,311 119,6991 111,7791 114,9951 199,3841 11,8851 4,279 825 19.281 14.624 31.549 17.897 6,557 4.439 14.2001 16.5571 14.4391 4,000 188 550 18.934 90 4.500 168,746 13,7411 259 188 550 18,934 39 50 iioii 14,5001 1154,1991 61,513 117,0811 58,979 UNRESTRicfED FUNDS General Funds TOTAL UNRESTRicfED FUNDS 986.451 986.451 780,559 780,559 1768,1331 1768.1331 17.081 17.081 1.015.958 1,015,958 TOTAL FUNDS 1,047,964 949,305 1922.3321 1,074,937 251 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 12 ANALYSIS OF ASSETS BETWEEN FUNDS-GROUP AND CHARITY Unrestrirted Fund5 Restricted Fund5 Totsl 2025 Non-current Assets Current Assets Creditors.. Due Within One Year 864,546 473,718 1212,6871 1,125,577 864,546 533,142 1212,6871 1,185,001 59,424 59,424 ANALY515 OF NET ASSETS BETWEEN FUNDS COMPARATIVE Unre5trlcted Funds Re5tr1cted Funds Total 2024 Non-current Assets Current Assets Credltors.. Due Imthln One Year 134,270 230,243 1108,7481 1,015,958 894,464 289,222 1108,7481 1,074,937 58,979 58,979 13 RECONCILIATION OF NET INCOME FROM OPERATING ACTIVITIES TO NET CASHFLOWS 2025 2024 Net Income for the reporting period Investment income Depreciation LossesllGainl on investments Decreaselllncreasel in stock Decreaselllncreasel in debtors IDecrea5el/lncre35e in creditors and provision5 110,064 26,973 31,017 49,596 6,114 103.938 9,122 16,484 Net cash (used byllprovided from operating activrcies 251,134 102,174 14 Cash Flows from Invèstlng Actlvltles 2025 2024 Interest Received Purchase of Fixed Asset Investment Purchase of Tangible Asset 11,0991 12,0551 Net cash (used byllprovided from operating 3rtivities 11,0991 12,0551 261 Page
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 15 Related Parties There were no tru5tees' expenses paid for the year ended 315t Decernber 202512024.. £nill. Darren Wolf, a member of the PCC, 15 a director of Christ Church Community Vision IService51 Limited "CCCVS'I (company number.. 048430021, a limited company with £1 of share capital to which the PCC is the sole subscriber. During the year the PCC charged £62.74412024.. £39,983> to CCCVS. At 31 December 2025 CCCVS owed the PCC £5,85712024.. £5.9691. Tim V3ughan, a Member of the PCC, received payrnent5 totalling £3.39212024.. £2,340) from Christ Church Community Iservices) Ltd, a company wholly owned by the PCC, for his services as an IT consultant. Sebzuluag8 Ltd, a company owned by Lui5 Sebastian Zulu3ga Arcil3, a member of the PCC, received payments totalling £4,22312024..£nill from Christ Church Community (Services) Ltd, a company wholly owned by the PCC, for catering services. Members of the PCC gave a total of £65,51512024.. £47,747) in unrestricted offerings and donations during the year. 16 Comparative Fund and SOFA Balances Total Funds Year Ended 2024 Unrestrlcted Funds Resirltted Funils Note INCOME AND EXPENDITURE Income from.. Donations & Legacies Charitable Activities Other trading income Other incorne 279,496 6,192 426,982 67,889 168,746 448,242 6.192 426.982 67.889 Total Income 780,559 168,746 949,305 Expendlture on: Raisin£ funds Charitable Attlvlties 6,693 761,440 6,693 154,199 Total Expenditure 768,133 154,199 922,332 Gainlllossl on rev31uation of investments Net Income/lExpenditurel Transfers between funds Net Movemerrt in funds for the year 12,426 17,081 29,507 14.547 117,0811 2,5341 26,973 li 26,973 Net funds at l January 2024 271 Page 986,451 61.513 1,047.964
The Parochial Church Council of the Ecclesiastical Parish of Christ Church with all Saints Spitalfields Notès to thè Finantial Statemènts For the year ended 31 December 2025 Net funds al 31 December 2024 1,015,958 58,979 1,074,937 281 Page