St John St Matthew South Hornchurch Annual Financial Statements of the Parochial Church Council 5t For the year ended 31 December 2025 (Including Independent Examination Letter) Vlcar: Rew. Kevln Brownlnz St John's & St Matththrfs IfKara8e South End Road Ralnham RM13 7XT Treasurer: JIM Morton 74 Tan8mere Crescent Hornchurth RM12 5PX Re£lstered Charfty number 1130670 Banks Bardays Bank PLC 36138 South Street Romford RMI IRH and Ceiitral Board ol Flnance of the Church of England Senator House 85, Queen Vktoria Street London EC4V 4Er Accouiitsnts Data Developments (UKI Ltd Flrst Floor, The Chubb Bulldln8s Fryer Street Wolverhampton West Midlands wvl Ir Independent Examlner Kevln Ogilvle Charlty Bookkeeping and Examlnatlon Services 13 Evelyns aose Uxbrld8e UB8 3LR
St John's & St MattheS Church South Homchurch PCC members who served from January 2025 untll the date thls report was approved. Incumbent Rev Kevln Brownin8 Church Wardens Ray Akuaku Luke Leadbitter Elected Members Rowena Lawrence JIM Morton Paul Lawrence Slmon Picknell Sharon Evan8eli Joe Cox (from May 11 2025) Jenny Byme (from May 11 2025)
Parochlal chUh Coun¢ll (PCC) ObJeth• Promoting in the ecclesiastical parish the whole mission of the church. Parochial Church Counclls {PCC) are gov•rnod by the prov181on• of th• Synodlcal Govemment PA•a8urn 1969 and the Parochlal Church Council {Power8) Measure 1966. The Annual Parochial Churth Meeting ekcts lber8 of th8 n(al. In addition, the exthofficio memiK8rs Indude Clergy and Licen4 Lay Workers, Churchwardens, representatives of the parish on the Deanery Synfyj and members of the 0¢esan Synod and General Synod a on the Eledoral Roll of the parish. A PCC has the followiryJ main powers and responsibilities: . . To acquire. manage and administer propty for ecclesiastical purposes affects'NJ the parish (th¢wh the PCC itself cannot own property outright), . To frame an annual budget rnquired for tho wort( of the Church. . To approve the annual accounts arKI protent them to ts Annual Parochial Church Meets'ng. . To make representations to ts Blshop wilh regard to arry matter affecling the welfare of ts Church in the parish. . To make repre8entation about proposals conceming tho parsonago house of the benefice. . To be consulted about tho appointinort of a incumbent . To be consulted about pastoral reorganisatson affeth'ng Ihe parlsh. . To be respmsible for the provision of certain items of lirgIcal fijmiiure In the chur¢h, prayer books, bible and legal lSterS. . To be respon8ibh for the car6 and repair of all <urds. d. and thurchyards thin the parish. . To be responsible for ensuriNJ that safeguardirKJ measures are implemented and that tt)e parish safeguarding policy is followed. . To be responsible for the policies and procedures for data proc6ssing arKJ complying with data protection legtslatiM. Addltional Flnanclal re8pon•ibilitle8 RegulatTons require members of the PCC to prepare financial statements for each year which give a true and fair view of the state of affairs of the PCC at the end of the year and of the incomiNJ arKI application of resources for the year trEn ended.
In preparing those firrancial statewents the memb8rs of the PCC are required to select Sultale accn.ng policies arKI then appty them on a Lxlnsistent basis, makn'ng judgements and eslimatss thal are reasonable and prlenL The members of the PCC are responsible for keeping prop8r accountiro record8 which disdo8e ¥th reasonable acojracy at any time the financial position of the PCC and to enabfe them to ensure that the finan(aal ststements ¢ompty with Church Accounting Regulats'ons arKI the Charities ACL PCC are also responsible for 8afeguarding ts a&8ets of Ihe PCC and hen for taking rea8cmable step8 for the evention and detection of fra1 and ottw irregularthes. The PCC are responsible for managing Iho risks frdced by the church by establishing appropriate systems or procedures to mituate risks. Charities Commission- The PCC have considered the Charity Commi&sion's guidance on publrc benefit arKI in particular the guidance on (arities for the advancement of religion PlannU ach'va$ for tho year. Accountlng pollclo• The financial statemerrt8 are prepared in aco)rdarKe with accounting regulab'on8 and Standards on accounting for Charities. Funds-'Unrestrlcted' funds of the PCC are not Subject to ary re8trictions regarding thelr use and are available for the application for the general purpose of th8 PCC. The °Restricted" funds of the PCC are subject to restrictions imposed by the donor at the time the funds were given to the PCC. Fln8noal statements - Indude transactions, assets, and liabilities ft)r which the PCC is responsibte in law. They do not include the accounts of church groups Ihat o theFr affiliation to another boty or Ihose that are infomial gatherings of churd) members. Incomlng rnSOue8- collections aTr recognised received by or on behalf of the PCC. Plannad giving receivable under Gift is recognised when received from the donor. The income tax recoverable on th88e Gfft AKI donations 18 recogni98d at same time as the undertying donation. Grants and legaci8s- are acC(nted for as soon as the PCC is notified of its18gal entitlemenc the amount due is quanti and rts ultimate receipt by the PCC is reasonably rtaIn. Funds raised from activitses to fiJrther the PCC'S obiecllves are accounted for by gross of expen met by Ihe PCC. DAvndS and Interest- induded on a re(*ipfs basis.
RESERVES POLICY ST JOHN and ST MAThHEWS CHURCH SOUTH HORNCHURCH MARCH 2026 St John and St Matthews Church is in the London tx)rough of Havering. The annual income is around £100.000 of whith £46,000 is from d)urch members and £48,000 from nts1$. The church employs one part tsme member of staff at a total cost of £12k p.a. The condits'on of the building$ is generally good, with reftjrbishments of both kitchens completed within the last two years. The church currently has totsl cash assets of £48,000 of which £27k is on deF>osit and General Fund stands at £32k. The PCC diSssed the following factors In arriving at Iheir r88erves pollcy.. Money should only be kept in reserve for spea'fic reasons- whilst the Bib dearly indicates that should not hoard it is also clear that sensible planning for known events and sponsIb for others (induding employees) is important. A wish to have two months running c08ts in cash reserves in case of a major problem (£18k) In addition to have a fijther month's salaries in resen$ {£2k) The quinquennial did not reveal any major works, but minor ones are likely to need doing and it would be prudent to allow for this now (£5k). Pollcy: It18 the policy of th18 church to hold In re8•rvo8 the equlvalont of knvo months general runnlng costs and addltlonal one month's Salary costs. It Is a180 our pollcy to hold an amount for Ilkely bulldlng work at the next qulnquennlal Inspecllon, a total re8•rvo of £25k. Th18 pollcy wlll bo revl•*d In I1v¢ month8, tlmo. Th1$ pollcy wa• approved at th• Parochlal Church Meellng hold on March 23rd 2026
Independent Examlnerfs Report to the Trustees of St John wfth St Matthew South Hornthurth I report on the accounts of the church for the year ended 31° December 2025 which are set out on finance pages of the Annual Report. Respective Re5ponslbllltles of Tnee$ and Examiner The church's trustees are responslble for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under settion 144121 of the Charbties Act 2011 (the 2011 Act)) and that an Independent examination is needed. It Is my responslbility to: Examine the accounts under section 145 of the 2011 Act); To follow the procedures laid down in the General Dlrertions glven by the Charttv Commissioners (under section 145151(b) of the 2011 Act). and To state whether particular matters have come to my attention. Basls of Independent Examlner's report My examlnation was carried out In accordance with the general Dlrectlons given by the Charlty Commlssion. An examinatlon Includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes con5ideratlon of any unusual items or dSsclosures in the accounts, and seeking explanatlons from you as trustees concernln8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequentty no opinion is 8iven as to whether the accounts present a 'true and falr vithrf and the report Is Ilmited to those matter5 set out in the statement below. Independent examlner's statement Slnce the gross Incomefor the yeor exceeds the omountpmvided In sertlon 145{3) of the Art, I confirm that l om quullfled to ort as Independent Examiner under the provlslon5 of thatsertion of the Act ond thot my quolffjcatlon is os shown below. In connertlon wlth my examination, no matter has come to my attentlon: I whlch glves me reasonable cause to belleve that in any materlal respect the requlrements to keep accounting records In accordance wlth 5ectlon 130 of the 2011 Act; and to prepare accounts which accord with the accountlng records and comply wlth the accounting requlrements of the 2011 Act have not been met: or to whlch, in my opinion, attention should be drawn in order to enable a proper understandlng of the accounts to be reached. Kevln 08ilvie Charity Bookkeeplng and Examinatlon Servlces 13 Evelyn5 Close, Hillingdon. Middlesex, UB8 3LR Signed JJ. Date 24th April 2026
APCM PCC Treasurers Report 31st December 2025 know the plans I hovefvr you. plans toprosperyou andplons to glve you a hope ond afvture.-Jeremlah 29 v 11 INCOM Income inCaSed by £20.1(K), from £99.( to £119.1(K). A donation of £IO.(XXI was designated by the PCC for the potential hire of a Famlly Wofker, rentsls IneaSed by £6.(KK>. with increased usage and other churthes using our premises for worship. Gift Aid was up by £3.51)O, mainty due to the donation. Churth members 8ivlng was up by £8( and we are also grateful for a le8acy of £W received from a former minister, the Reverend Arthur Phelps. Expense decreased by £650, from £IIy),330 to £ 99.680. Major expense on the Pfemlses included replacement of the cooker and hood in the large kitchen £1,7(X) and a new hot water cylinder tank for £l,(MXI. Energy costs rose by £1.8(. a new laptop for the Minlster £1,5(Kl and the Adrnlnlstratorfs salary by £1,41J) trdckin8 the increase in the London Living Wage and extra cleanlng costs of £9(J). Refuse dtsp05al costs were down by £1,3 as 2024 Induded the late billing of costs incurred in 2023 and church malntenance lower by £7Crf). Refreshments costs were also down by £61XI. the Wild Goose Café by £1.8(X) partially offset by a £1.2(K) increase on meals for the horneless and the nOneCurIence of the refurbished small kitchen In 2024 of £4.3(Kl. Thls all0vd the Parish sha to be paid in full for the 5Sxth consecutlve year at £47,150. Cash assets now stsnd at £48,41, £19,4CKI higher than 2024 year end and the churth has no debts. The General Fund stands at £31,5, £8lm hltsr than 2024. I would Ilke to thank our accountsnts Data Devebpment for thelr support and advice. OK FOR 2026 A new 2 year gas contract frorn January 2026 wa5 Signed with a 14% reduction In unlt costs resultlng in an annual savlng of £l,I). Our electricity contract Is due for renewal In May. There is a risk that the £5,W) grant from Haverin8 Council for our warm space Café wlll not be available In 2026. The lar8e kitchen in the hall is being refurbished at a cost of £3,¢M), this much needed refuthshment will provlde a better more thienic environment with splashbacks arKI new li8htin8. The Parish Share will increase from £47.150 to £47,730 an increase of £580. It is expected that the Parish Share will again be paid in full. JIM Morton PCC Treasurer
StJohn & St matth church Aat 3111212024 311121202S Urfent a558tS 16,954 61 27240 11,874 1XK113".Th(bJ8rs Potych 117. Total Curr•nt •u•ts 48,369 28,938 uabl110 Totsl Llabllltl•• N•t knt surplu• Id•ficlti 48,369 28,934 R•MkV•• 19,435 18.6781 35.813 Tot•1 R•Mrv•• 28,934 31 13 3,4n Ttal TETOTHEA OUNTS The Barclays current account statement had a last entry on December 29 and finished with a balance of £21,084. however, there were two entries on December 30th and 315t with a net cost of £116. These entries were included in the year end and the final balance is as above £20,968. Thi5 was agreed by our accountants and Independent Examiner. Approved by the APCM on May Ilyh 2026. Rev. K Browning Chair Jlm Morton Treasurer
St John & St Maith•w church For the perlod from 01 January 2025 to 31 Docember 2025 1,010 174 14 48311 14 781 111113 Rd$lr¥JlJ 81m2 34fft0 61,934 37,743 1770 110332 31 5,1 (Al) (4) 74 31 ro4¥13)* 11:31 1 d1
Totql L#•t J••r Don4n• •nd 10gxl•s 107 107 113110.att DonaUon• and 1•gKhTolal• 1.010 111¥X)l.Ta¥dthIYj 31.11)) 7.181 7,1fj1 In7 1121CXI.Fdkn8Np Z717 Incom• from ¢h•rlt•bl• •thlU•4 Tot 41174 51. 48.311 Oth•r tr•dlng a¢tl¥tth• 113101.SJW18cuth 14 14 othrtr1ng •¢tl¥ttl•• Tot•l• 14 14 Inv••thnts 112Y)ZJ. 781 In¥••knbnts Tot•l• nl ath•r Incom• I11016-HIL 11 113073.¢ 9,132 81 10 113lc41-w (kneltrorn) I131.Fl¢ Olh•r Inoom• Totol• 10th) 49.853 106J32 12X#I 119.113 Exp•ndllw• on charltth a¢ihiii•* 131015.P•lgh& 47.wj 11 47.149 47N86 rf2
G•n•ral D•¥IVl•d Il•tthd s•ar it Jwar 137039.MB6kn1th¢1 1WJ 11.4 11.440 IOXfj1 415 Exp•ndl¢ur• on ¢hwltabl• •cllvl•• T4)ts 81.934 Oth•r •xp•ndJlur• 5314 1519 5214 1fj19 513 10 131019.Tdertts 1570 126 615 125 615 1.113 175T 4,701 1312.mrkn 2,1 3.745 13W.IVUc 175 173 751 1.715 1.715 I4[1&.T1E1Ij Oth•r •xP9ndjr• To1•1• 37,74J 39A42 671
Fund Clo•lng bakn FPAIILY. F•nl¥ork•r 12. 11500 G•bMrnI- G•n•r•l fvnd 23,538 31.498 31rt98 2.473 2An DEV. Church D•v•lowrnrrt 140 140 D8sign8tsd R•slrldg¢J 12 178 77 33 190 NLDEV. H•ll D•v•lOpThQ $81 S81 JIJ8ILEE. Charlt•bl• •••5•t•nc• 0onat 31 31 1fA) 67 67 117 187 187 117 187 TRN0. T*4th Iraknlnq 258 258 A8.389 171Py13XE 11:S5wn)W 1 rf1