PALMERS GREEN UNtrED REFORMED CHURCH CHARITY REPORT OF THE TRUSTEES F(Y the year end 31 De(xnber 2025 The Truste&8 have pleasure in kYesents"rwJ thew reF(At and the examird financial statements for the year ended 31 Dernr 2Q5. Page 1 Legal and Administrative Inf0MtIon The Elders of the church together wtth the minister are deemed to be the Charity Trusts. The Elders a elect&J by the Chwch Members arKI serve f a W¢xl of thr years. They may then be r&ele¢ted for a further period of ttre ye, fdlowirs which tlw are now eligible to serve again if they a n<xT7inated and elected.. The Elders and Ministerwho have seNed during the year and to the date ofthis rem are as fdlows:_ Mi Richard Hill (from 23.11.251 Mrs Margaret Jenknns Dr Patjl Ashty Mr Sluat Jenknns Mr Brian Hosier Dr John Strange (to 23 11.251 Estelle Muller (10 23.11.251 Revd. Pxkiaraj AsirvatTrBm The clwjrch prniSeS Situat cffl the comer crf Burfryd Gardens and Fox Lane, LcfftdC N13 4AL. The chureh contact rs Mrs Margaret Jertkins secreta almers ieenurc.or We are part of the pastore known as The South and East Enfield Pastte compnsing 3 URC Churthes situated in Palmers Green, Wnclwn0 Hill and Ponders End. Bankgrs CAF Bank Limit&J. 25 lQros Hill Avenue. lQngs Hill. West Malliry, Kent, ME19 4JQ Objectives and Activitles The objective of this church is to thance tl)e Ctian rdigKJn in ardance with the dcth¥ies, principles ar¥J usages of unit Rdormed ChJr¢h. The church is also a member of Churches Tcxjdher in PaJmer5 Green, Wnchmore Hill and Grange Park. Membership of the Chweh is cyen to all cffl wofession of faith arnl acceptm ty existing memtrs. We am lo b8 a Church for au people seek share the Gts)d News of Jesus Christ. Structure. Governance and Managèment The church has In in existen on this te for over 116 years, ath(wh a charity f( was exceptod from registration. 11 was fitsl r&Jistered as a chlty on 16 Juty 2009 under nunbw 1130583. The detaId of aderShip and Organation is ¢arvied (Mji by MeMte of Core Groups consisting of Elders and other members, with the Minister and C(xrespondence SecTrtsry asso¢iated as appropriate. The remaining core group ceased C 23 November 2025 and the minister is rk)w responsible for ClIr a group as when needed. The work of the church is SUPF)rted ty a Finan aTrJ Fabric RestyJr¢es Committee lo d8al with the fice 8nd txopety matters. The officers ofthis ccwmrttee are as follM.' Mr Martin van Staveren Mr Bnan Hosier Chaimian Overall leadwship arJ pastoral oversight are the respcS1b11ty of current serving Ekjers CO which there a 5. For pastoral purposes, they work as a tean wth non-wwrvJ Elders and other church memLErs. The church is committed lo safeguarding in every area of church lrfe mir¥slry. A lot of time continues lo be invested lo make sure we understand and IMpment the Syn(Kl Safeguarding Policy based on GOCKI Practice 6 and to undertake the appropriate training. The Safeguarding coordinat is Mrs Margaret Jenkins email seuetary@palmersgreenurc.org.uk. Deputy is Dr Jthn Strange at StrgemuSIc@nVr1d.0)rn.
REPORT OF THE TRUSTEES {Continued} For the ended 31 Drnber 2025 Flnancial The accounts for the year are set t on Pa 4 to 6. The trustees have taken the OPFx(unty lo prepare these finla1 statements in aCCordare th ts Charrties Act 2011 sect 130, using the Rewpls and Payments basis available to small d)ant5, and the Unf(ed Refomied Church guidance. The is a surplus on our Unrestricted {Congregationall Acc¢yJnt of £3.518. As we budget for a deficrt of£11,360 this is a very Sisfactory lCOMe Jxrt fcf ycial Main non rUrring reasons. Once more we have not trarBferred the usual £30k to our Repair Fund tyIng on previous reserves foi the lime being. The (kfiat after reLeipt of a fvll year reTrt the manse. Our new minister was inducted in May and has chosen to live in the Wnchmore Hill manse. H¥eVer it prove£1 impossible lo get possessitin until recentty aThJ in the meantime a flat had to be hired lo accommcKlate him and his family. We are grateful lothe Synodforeoveriry extra costs. Al rrrVeS will be used in due course on prop manlenance. Page 2 The designat1 funds are detailed in note 2 to the statements. These funds ve fallen durirg the year as we start lo expend fi1JS cn fees regarding the r¢))f even aler interest and transfws from Unrestricted Funds. We owe approxmatdy £40,CQO for rwlirE repair works. At the etxj of the year the total of (r Designated Funds We £175.242. Of this totsl £60,722 is held in a cash fund to help with the cost of rea¢ing the san¢tuw and main hall roots %then the time comes recent indications are that this wll not be erKllh. In additi( we have investments allocat lo this fijnd and WCKM £120,696 al 31 December 2025. The restrtcted is mainty amnts coll&ied for clhers and a srant for our youth worker who left dLWWU the year a ts18re of the grant is due back to Synod. Rewves amount to aKy0xi4Y 3.3 month$ exwKbture vthich ts C(5ered satisfactory in view of all exceptional experKJtiure "n9 met frrffln DesKJnated FuThJs. A deficrt is expected in 2026 bul at present manageable from these reserves. Invostmgnt Pollcy In the past our funds were al held in bank xccyjnts. frer, we were adsl that work on the hig1leVel rcx)fs was 1 likety to be neSSary for at knt 5 year5, £50,000 was transferred to COIF Investment Ethical Fund in 2016 in the hork that we ean enjoy a higher retum and at least keep pace th Inflatn. At the year end ttru"s investr)ent was woru) £120 6SE and atthough this was a fall over the 12 months the income was mwnIned so we Mll contnue to monrtorthe positw)n in curTent year. Risk Management durlng the ygar The trustees have Klentified vthat Ihty bve to be Ihe major risks which the church faces and are sati8fied that these have been. or be, adeqIety mrtigated fve necessary. Volunteers As would be exteted writhin a church structtjre, most 1VitieS of the church are carried out by volunteers, apart from the stindIary Mirrister who is p8id from a central church Ministry and Missk)n fvnd lo whh this church cortributes. ar¥J our Organists who are pahy directy by the church. The church employ two other part lime wc¥kers lo assist th alministration and wth our y(xJth work bLrt we are 8ti11 very muth reliant on our memkers to fu1 the ci)jeclives of the church. Public Benefit When planning our actrvittes for the year. the Elders have considered the Commission's gutdance on public benefi't including the $cle guidance on Charities for the advanrnent of religion. Everyone 1$ welcome lo alleTh# (xjr regular services and other a(aiwties. Some of our regular worshippers are residents in residential homes in the area and where requested they are assist to get lo the church activities indudirKJ worship. The church I11[n9 is regstered lo allow for the marrh2ge of same sex couples. Achlevements and perfomance Worship remains central to the lrfe of Palmers Green URC. and we are graeful lo the ministers, lay preher$. and cur *ShiP teams lead sewes. The ChLrch is a member of Churches Together in Palmers Green, nthmOre Hill and Grange Park. committed to undertaking actiwties together vthere pc6sible approprTate. We have ¢ontinuerl lo workwith these other churches during theyear, meeting regularty wrth represent2tives. This relationship vrith other churches is seen to be an imFQrtant means of increasing cwr effective senrice in the communty.
REPORT OF TRUSTEES IContlnued} the year 31 tceM 2025 Achievemgnts and Perfonnance During 2017 the church agreed to do m(e to include Iccal eommunty in Qurfelloltp, arKf adopted a Mission Statement". We are a group of drfferenl KEOFAe Ii)oking for, and findirwJ, strength and meaning in Gotts k)ve. You wll always be vcomed glaity. We worshw) and pray towher. We le about God's love forgiver through Jesus, the Ble and WTth the hdp of each othtr. TOgetr we vjill work to make Jesus e$errt by loving ions done. ar¥J by knving vnds spcen, in this ¢hLtrch and lYrd these dcKJ Palmers Green URC is a member of the Enfield East Herts Local Group, along with 9 0th neighb¢Juring United Rel0ed Churches. The churches in the group together on issues including ministry, mIss)n, and disCiph1P. Page 3 During 2019 we started to lor al the envIr¢)ea imp&t of our &tivities. voLl changes were made so that we now operate in a"greeW way. and the church qualrfied for a Br(nze ard from Eco Church. We are now Iking at achieving the Silver avrdrd have aready improved the windows in our main hall with secondary glaang and have appli for planning consent lo improve the roof insulation. In 2019 we also tecame a member of the IrlU$e Church fftork, bthich '¢elebrales and affimis every person and do&8 ncrt discriminate". TS has continued in the last year and we have received an Eco audit of our premises and pe with hdp of Syntsj to improve the insulation in the ma#7 hall rcL)f and later in roof of the saluary. The church has increased the amourrt sel aside to £3.00(Pa for Charities which 1$ distributed at the ye8r end and also to support dtsaster 4)peals as appropviale. Our ¢huTch membership at the end of 2025 was 54. Trre we several n the corKJregation attendirKJ 8ervices regLdarty on Sunday momings who h1 ncrt yet c(nmitted to full membership. Unfortunately our youth wcM1(er was thed to l¥ve UK vthen hi% visa exr*red kxrt we are n¢y•V seeking grants lo ernpby an outreath worker lo extend our Work in the community. We conliwe lo enjoy the regular parade serVeS of our unrf<ymed organi5atiorE vtsre the seNce is manly led by the young WF4e. Our magazine was 0ded qLWrterfy and 15 wdl [e1ved FortiCaty by those can no (orwJerjoin us on a Sunday. Approved by the Eldèrs and slgned on their bghalfby: Trustee h- ,,1¥ 2026
PALMERS GREEN UNITED REFOJIAIED CHURCH CHARJTY STATUTORY ACCOUNTS YEAR ENDED 31 DECEMBER 2025 RE¢Eipfs AMD PAYIlIT5 ACCOUNT PaJe4 This Ye¥ Last Yr 2tr24 T(1 £ RECEIPTS FutNls £ Funds £ Fund aNI Moni&s ras81 for caus85 Gift Aid lax [ppayMlS 27.443 28.085 210 1.134 75 6,997 14.791 75 Prwerty. mofjse letting Prclwty. churchlhal uws Gmts FIT Recapts Sundry 8ank intwrfl & In¥gAtsI)wl Mcomo Tthl rÈ¢efMI 14.791 8,849 79.828 30.000 71.490 79.828 8.724 97 8.750 10.452 147.862 24.515 PAYME1s 177.459 155,652 lllstry & M's5kn Fund Ministry & worship ewse8 nistsfs Ywih Wtyker Church tunning CC mSE NnnirKJ cl8 Prwrammebwty GC¢ts oritsIde¢8US6s Equlpmfjnl 40,86(1 45.564 7.329 8.392 3.429 5.079 3.429 82.306 1.742 10.297 81. 1.449 745 4,533 1.649 3.261 843 Manienanceof church buikliws M8inten8nce ofmartse 13.396 14.486 13.3% 14.486 5.029 Toial payrn8rkts 14ET RECEIPTS I IPAVNENTSI 140.294 7.568 31.143 2.357 173.794 158.387 .628 2.725 3.665 -2.735 TRINSFERS bo SIJRPLUSIDEFfciT after transf•t CASH FUNDS b1 1 Jauary CA$M FUNDS 31 t>¢¢ 35.451 177.820 213.271 216,006 17 42 STATEMENT OF ASSETS AND LLAaUTES rionotsry assets Bank Cur nIS 1.749 37,220 175,242 1.749 215.187 Totsi mongtary a88ets 2,725 10 0th8r assets Gift Aid reco¥w8D Other Mon dueto chur& Investments 81 MV £120.6 ai 31.12.25 Assets used for church purpws Building$ unts stthlory trusts 1.601 457 LIab APPROVED bylhe Tvystoo on 16 Aprf 2028 4 r¢thJ their be Isign&)Jrel
PALIIERS GREEP4 UNITED REFORMED CHURCH CHWTY STATUTCXPY ACCOUNTS YEAR Et4DE031 DECEIIBER2025 Pdge5 I cOuNTrNG POUC1È8 the Rgceipls * PByrnwtsbas t0SrnaKthai. Rknd c 2 FUPIDANTG Unro8trfctyd Funds may¢• tyth•chur¢hforryofryWryWm. Febr Rèssrw RcrfREP3ifFu Sf,979 71.534 3.674 14,486 712 Sci PLKwses f4.791 3.1 16.657 772 5,661 Totsi¥ford061gn4tsd fum 177.820 24.515 31.143 Rwtrtct¢%l Funds rnPr•trt I00T11hh rnayh••xpwa9d r41trrf those objects pro0#d In th• 49.747 8.731 175242 be1kn50rw IMts9enEral H>yE O1nerthrtsthta GMA 2A%T Totsts rorrerfthdfundB 2.357 1725 Tti¥Ye Last Year 3 NONIES RAISED FciicufsiDECAUSEB Lrfè F$£ FwMtsÉ FWIÈ Chri$hanAwJ 82 EWrhqwkeTwktyIsa T1)ts r•ll ftsroutsldk4us•¥ 4 PROPERTr INCOAIE Rfjgthsrusetsana Ca5u¥A users Bz 3,148 6 CHURCH RUNNICoSTs 71. Irn W3terrs Garothrrd Telepho8 starTy t$.559 7.525 t9.559 7,5 16.137 1.245 1,980 l431 creanityiraret*i Admn 4.8é7 28.942 13. 216 518 4,847 28.942 t3.3&) 21S 518 Sundry 16.386 215 Totsi ¢hur¢h nJnnlni ¢(dts 82. 81,792
PALIAERS GREEN UNITED REFORMED CHUR¢P CHth STATUTORY ACCOUNTS YEAR ENIED31 DecEMBER2025 NOTes-coninu•d Page6 LaYear JY24Q4 TfA E FwA15 É 6 FROGRAMI% ACTMTYCOSTS Fwts£ crmjrth bree 170 170 73 (m-OebI Cmwiifv4 7 SUPPORTOF OUTSIOE CAUSES 0th4r Totsjsupwttof outsldècau6$4 8 MNTENANCE0F CHIIRCH BUILDWGS OtrrwcwFtyrepairs Purihasg Offjquwent Tot m4inteMnc•ofcthur¢k 9 MAINTENANCE L 14AIE Extw iepwis 4.533 141486 14. 14.48E 14.48$ 6.6Y8 Ttstsi mlnt•nanCo oTmns• 10 MONETARY ASSETS The church moThes 8r&fyJt W in Is alloc1¢apdte 11 ASSETS USED FCIRCHURCPI PUFIPOSES CCh tsJilding Ihetrwnse URC Thrn TrL&a$trus& we Thry beil(pa8 (kn CtrK¥th to URC uRCAS. thethJr¢h r£t2.875.184 marwtrE975.143. Th9 £115.689. theOrgan Ior£593.6 12 GRANTS rèrnn in the UKSO ¢x)rnoete N5 w. Weha%tLI S>rn0£1.881 ay¥ar. ThIS VAII bp setaJahistfthure wpa1s0re aiioed to sd o)5tsrf£32,4S51v4lSW Th wa5 not as s thetotai C05tsoWe(so 1$ ese &Jdkn sgreeo agraM of£191kO4TthA $&Le£Slurfees) the tileg anthe Trdofuie msin hall. Nme gt5rthas Inb)2 Lwn $10 iswere trgrantwill OLnen tEceryed. 8xtrafw&ng co8is4trysn&¥ inforp¢0 12rrKrftr4 WearFresmLftyffttr•d
PALMERS GREEN UNrrED REFORMED CHURCH CHARITY FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 P8ge 7 . TREASLIRER'S STATEME I have pr&pared the finan accounting re¢or(Js 8rian Hosiei 4 to 6 for the year endg 31 Dwnbei 2025 frDm the Inamo) O. /-JJ4 ignaknrel Idatel iNDÉt>ENDENT EXAMINERS REPORT I report to the ehatÈty trustees on my examinab.on of thè accounts of the Charty for thg year ended 31 December 2025 which are set out on pages 4 to 6 Responsiblltties and basls of report As the charÈty's trustees you a responsible the preparation of the actounts in aecordancè wtth the requirements ofthe Charthes A¢t 2017 Ilhe Attl. I report in respect of my examination of the chaYits aceourrts carried out under section 145 of the Act at)d in carrying out my examinatr.on I have follo1 all the applicable Dirècb"ons given by thè Charity C0ft7mission under section 14515llbl of the Act. Independènt examinèrfs statement I have complet&1 my examination. I confirm that no mthaf matters havè cy)me to my attefttion ITI connectn wrth the vAaminahon giving me oause to bleve that in any maten.al respecL" . l. accounting records were not kept in respect of the cknaFty as required by sèction 130 of the Act.. or .4*. 2. th$ a(xourFts not accord wtM those reconjs. Signed by the Independent Examiner. dat 27 M% 102 J8an Margaret Wyber 7 Momington C105e Woodlord Green Essex IG8 0