ALL SAINts PECKHVM A￿KIllA1 ANNUAL REPORT 2025 **----- Start of picture text -----**
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CONTENTS
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|Services|5| |---|---| |Worship|7| |Discipleship, Connection & Small Groups|8| |Outreach|10| |Seasonal Highlights|16| |Children & Families|18| |Youth|20| |Women’s & Men’s Ministries|21| |Missional Giving|22| |Our Partners|23| |Our Buildings|23| |Governance|25| |Accounts|| |Charity Information|27| |Trustees Report|28| |Independent Examiner’s Report|32| |Statement of Financial Activities|33| |Balance Sheet|34| |Cash Flow Statement|35| |Notes to the Accounts|36| |Statement of Financial Activities with Comparatives|52| ## **INTRODUCTION** We began 2025 with a vision flowing from the power of God’s living waters. 1 Corinthians 6:11, the verse anchoring our mission statement, speaks of the cleansing power of this river of God’s mercy: “… And that is what some of you were. But you were washed, you were sanctified, you were justified in the name of the Lord Jesus Christ and by the Spirit of our God.” We have been washed by God. Savouring this undeserved grace is how we wanted to start the year. And, being WASHED has channelled the cultures we hope continue to swirl and rise at All Saints. Namely: **W** orshippers who overflow **A** uthentically Real **S** piritually generous **H** opeful for the future **E** xpectant that God will move **D** isciple making disciples This is who we are, and this, more and more, is who we’re growing into. Undeniably, 2025 has been a year where God’s water-table has risen at All Saints. With all the talk of the ‘Quiet Revival’ spreading from beacon to beacon around the UK, we’ve felt the waters continually lapping at our threshold; like an in-tide creeping further and further into our life together. And, like when one refuses to budge on the shoreline as the tide is coming in – you get wet! God has been inviting us to go deeper with Him. Literally, we’ve had 31 baptisms throughout 2025, almost entirely adult baptisms. In keeping with the metaphor, we’ve had people flowing into services not knowing what has carried them along yet upon leaving feeling that the Lord has spoken to them. Meandering through Peckham the surging revival waters even deposited someone on their way to commit a murder with the gentle ripple of worship music changing the course of that man’s life that evening! Peace like a river, and we’ve witnessed it, and so we’ve simply had to join the apostle’s voices: “ **as for us, we cannot help speaking about what we have seen and heard** .” It would be dishonest for us not to. Launched at the beginning of 2025, amongst so many other great endeavours, we continue to pursue three primary goals: ## **1 – Radical holiness** We’re intentionally seeking to put God’s Word into practice, and throughout the Bible He says, “Be holy because I am holy.” We’re growing in our confidence to stand out for Him. 3 **----- Start of picture text -----**
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INTRODUCTION
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## **2 – To make church feel like home** We long to make our church site an extension of our front rooms – where we can hang out and do life together. It’s been recorded that many in this Quiet Revival are coming to Christ online, and we’re here saying, “God’s got more, come home, and get to know your family.” ## **3 – To equip passionate young disciples** In an age when Gen Alpha have been dubbed the anxious generation we have a particular passion to share Christ’s purpose and freedom with them. At present the adults are feeding off God’s remarkable work amongst our youth showcased in our relaunched Youth Services, and in many youth prayer walks. But we recognise this goal requires the further equipping of more spiritual mothers and fathers in church too. How could you not be intrigued by all this?? Yes you, come and join in the fun! Come down to the waters. But don’t just sit on the edge of the banks. Jump in and see what God does. Rev Greg **----- Start of picture text -----**
31 people baptised at all saints in 2025!
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## **SERVICES** Although there are too many to number, one particular highlight of 2025 would have to be Easter Sunday’s baptism service. Not only did we hear 12 beautiful testimonies of Christ’s transformative power, we ran out of seats – perhaps the busiest service we’ve had for some years. Largely driven by access, all of a sudden the need to plant a new service became real. What a great ‘problem’ to have. Since then we’ve decided to persistently keep all our chairs accessible for the morning as a barometer gauge, and once all 320 are consistently filled we’ll begin to seriously consider what might need to change. We enjoyed some helpfully challenging teaching right at the start of the year on giving, thinking about the owner, beauty, and love of money. Specifically we’ve grappled with not being owned by the things on loan to us by God. Such teaching obviously left its mark evidenced at the end of the year during a ‘£40K in 40days’ campaign for our redevelopment project where we raised far more than £40K in far less than 40days! During our morning services we also enjoyed teaching from 1 Corinthians, from Jesus’ parables in Luke’s Gospel, and on some of Jesus’ names with waving banners shouting Jehovah Nissi being particularly memorable. Three other morning highlights cannot be forgotten: 1 – 2025 saw the relaunch of Youth Led Services. Adults have been left speechless beholding the faith of our young people preaching, welcoming, praying and ministering to us in ways that only come from above. God is good; all the time. This really has made us very happy. 5 **----- Start of picture text -----**
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SERVICES
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2 – In honouring the work done by our Racial Diversity & Belonging Group some years ago, we held a service of celebration for diversity and inclusion where we stood together as a church family declaring in one voice [a short extract from a longer declaration], “At All Saints Peckham we declare that we will seek unity within our diversity. We will stand alongside any human being who is being unfairly treated. We do this not because of politics but because of Jesus. Only He brings lasting peace.” 3 – 2025 saw the launch of Send Out Sunday, where on the 2nd Sunday of the month, a team of volunteers who’ve felt the nudge of God during the service, don a funky bright team T-shirt with the words “Can I pray for you?” and then spend an hour after the service walking the streets of Peckham following Jesus where He leads. Praise Him, we now have people worshipping in our services alongside us as a result of these Send Out Sundays. Our evening services offer a more intimate space to draw close to God, and although we appreciate the quieter space it provides, we continue to wrestle with how we can encourage more to come along. After a summer consultation period we relaunched at the slightly later time of 7pm, which so far hasn’t had much of an impact, except for a growing youth band who lead us on the 3rd Sunday of every month. Corn Hole gets lots of use that month, as do our hoovers collecting stray pieces of corn from overenthusiastic teenagers launching the bean bags! We finally completed the Old Testament section of our book-by-book Bible Overview series, enjoyed a series on the many “…but God’s” in the Bible, and fully engaged with the call Jesus offers all His disciples following John Mark Comer’s book Practicing The Way. Finally, our Tuesday service continues to act as a plant room for God’s House here in Peckham. All who visit are moved by the authenticity and vulnerability of believers expressing their dependence on and gratitude in Jesus through testimonies and heartfelt prayers. If you’ve never been before, you are very welcome, and probably won’t be able to leave without being prayed for! ## **WORSHIP** 2025 was another exciting year for the sung worship at All Saints. Having experienced a season of 'brewing' in recent years, there were glorious moments of excitement and passion for God bubbling over into exuberant, wholehearted worship. The times when it seems like the whole church has felt released into joining with the angels to sing in awe and wonder are always so precious. In 2025 we moved from separate worship and prayer nights to a combined event we've called 'God First'. With a clear sense that worship and prayer belong together and jointly promote each other we felt led to make this move. As we have gathered on the first Wednesday of each month, we've certainly experienced this to be the case and seen God's power at work. As a worship team we moved to a new rota system where each team member serves on a specific Sunday of the month. As well as this streamlining the administration and enabling bands to learn and grow together it's also given more opportunity for new worship leaders to gain confidence and experience within an established team. The Church weekend away at Ashburnham in May was a particular highlight of the year. With more time and space together as a Church family, this allowed for greater freedom in worship and the Spirit to move amongst us. During our time away, we also launched a homegrown worship song, One Hope, expressing our heart for Jesus centred unity. (The quiz night dancing was also a genuine highlight of the year!). We continue to enjoy a wide variety of worship songs, embracing anthems of the past as well as new songs that capture what God is putting on the hearts of His people in this season. Some new favourites include Mighty name of Jesus, Praise and Let me see Jesus. In 2025, our youth band also stepped it up a notch by taking a lead once a month at the evening service and Thursday night youth. It has been a joy to see these younger church family members growing in their musical gifts and spiritual leadership whilst bringing much blessing and enrichment to the rest of us. We are grateful for all God has done this last year and expectant for "immeasurably more" in the year to come. **----- Start of picture text -----**
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DISCIPLESHIP & CONNECTION
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Times when we get to Ashburnham for a weekend away are always memorable and this year’s trip in June was no exception for the 200 of us who went! We had some excellent teaching from Lewis Roderick from Matthew 18 on the theme of doing Life Together. We remember significant times of worship in the marquee with the thunder and rain pelting down, glorious sunshine as we bounced on the inflatable, swam in the lake and ate burgers on the terrace, a star filled sky as we gathered round the bonfire and never-before-seen dance moves in the big family quiz! The Beach trip in August was extra special as we got to baptise 6 of our church family in the chilly English Channel at Ramsgate. We took a bus, 2 mini buses and several car loads and were able to include a large number of our Iranian church family for this fun day out, enjoying sea swims, dinghy paddles, fish and chips and another day of excellent weather. The best places for weekly connection though, continue to be our Home Groups, with two new ones starting in 2025. We spent time on the Practising the Way course and also followed along with the Sunday morning teaching series in 1 Corinthians and our church cultures ‘WASHED’. We enjoyed switching to pilot a new Christianity Explored where one of our own featured, having been filmed sharing her testimony of coming to Christ on a London double decker bus! Another significant weekend was the SOZO prayer ministry training we received from Paul’s parents, Christine and David West. The content was excellent and left us inspired to use the tools as we pray for others. ## **Alpha** We ran two Alpha courses in 2025, in January and September and got to explore faith with a beautiful variety of people - with several being baptised following Alpha! The second course ran in Greg and Ele’s home and we enjoyed this more familial space, creating an even warmer atmosphere conducive to deeper conversation. **----- Start of picture text -----**
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OUTREACH
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## **Christians against Poverty** Over the past year, we have been greatly encouraged by the ways in which God has been at work through the ministry of CAP in our community. One of the most significant highlights has been walking alongside five families as they journeyed out of debt and into financial freedom. Each of these families represents the very real struggles faced daily by many of the people we serve. Witnessing God’s hand at work as these families experienced practical support, encouragement, and ultimately freedom from debt has been deeply uplifting for our team. Their journeys remind us of the transformative impact that compassionate support, faith, and perseverance can have in the lives of those burdened by financial hardship. We have also been inspired by the individuals who engaged with our courses during the year. Seven members of the community participated in the CAP Life Skills course, while four others attended the CAP Money Coaching course. Through these gatherings, we not only shared practical tools for managing everyday challenges but also built meaningful relationships and created a supportive environment where participants could reflect on deeper aspects of life and faith. One particularly moving story came from a participant who felt led to walk into the building after years of distancing himself from God. He joined the Life Skills course, shared his testimony with the group, and gradually began attending Sunday services. Over time, he built strong friendships within the church community and recommitted his life to Jesus. His presence and openness were a great encouragement to everyone involved, and his life became a real blessing to the team before he eventually went on to meet Jesus face to face. The ministry would not be possible without the dedication and compassion of our volunteers. We are especially grateful for those who faithfully accompany Sonia and Rachael when visiting CAP families in their homes. These befrienders play a vital role in offering practical support, prayer, and companionship to those we serve. Through this work, we have also witnessed growth in the lives of our volunteers themselves, as they step out in faith and allow God to use them as His hands and feet within the local community. We are particularly thankful for the men whom God has brought to serve as befrienders, as their presence has enabled us to support our male clients more effectively. In addition, we are deeply appreciative of our trained Life Skills coach and CAP Money Coaching coaches, who go the extra mile to prepare for and facilitate the courses with care, dedication, and compassion. This past year also brought new developments that have strengthened the work of the ministry. A growing partnership with St Mary’s Church has been especially significant, as their support contributes to the provision of the CAP centre. This partnership has enabled us to increase the number of CAP clients we are able to visit each month and has also made it possible for Sonia to complete her Debt Coach training so that she can join Rachael in this role. This expansion will allow us to reach more families who are struggling with debt and to provide them with the support they need to move toward stability and hope. As we look ahead to 2026, we carry a number of hopes and prayers for the continued growth of the ministry. We would love to see our partnership with St Mary’s and other churches in Peckham deepen further so that, together, we can reach those who often remain beyond the usual reach of church communities. Through the work of CAP, churches have the opportunity to enter places and situations that might otherwise remain closed—connecting with individuals weighed down by debt and the many challenges that accompany it. Our desire is not only to provide practical help but also to share the love of God and the freedom that He offers through Jesus Christ. Looking forward, we would also love to see the relaunch of the CAP Job Club service. We are praying that God will provide the right people who are willing to step forward, receive training, and lead this course so that we can support individuals seeking employment and renewed confidence in their skills and abilities. Alongside this, we continue to pray for more volunteers to join the ministry as befrienders, Life Skills coaches, and CAP Money Coaching coaches. With additional volunteers, we will be able to extend our reach and deepen the support we offer to individuals and families across the community. 11 **----- Start of picture text -----**
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OUTREACH
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## **Prison Ministry** Brixton prison has seen many changes this year, moving to become a remand prison where many inmates stay for a short time or are awaiting sentencing. Among such changes, it has been inspiring to see baptisms of many of the inmates, with powerful testimonies of how they have met God or rediscovered a faith they had from childhood. Even more inspiring is hearing of a couple of the men who have continued this new life of freedom when they have been released and have through God's power completely turned their lives around. Weekly Bible studies on the wings have seen men grow through intentional discipleship and wrestling with God's word, many of these led by the current Chaplain Rev Andy Blacknell, formerly of All Saints. The All Saints team has grown this year, almost doubling in size and with an age / gender / racial diversity that enables us to reach different men in different ways when we visit the prison and take part in the service on the third Sunday of every month. In 2026 we dream of seeing more men being changed through their encounter with Jesus, and to continue with a life of faith as they leave prison. We are keen to consolidate the team in serving in the prison on a Sunday, and many feel the nudge to be able to join in the mid-week Bible studies, so please pray that some can make this happen. All Saints is on the Welcome Directory for men and women leaving prison, so we'd love to be a welcoming church if that opportunity arises. ## **Community Cafe** Every Tuesday, before we open the doors of the cafe, we read a Psalm together and pray for the space we’re about to open - that it would be a space of love and welcome, and more - freedom, healing and salvation. It’s been great to have our cafe open consistently on Tuesdays & Thursdays from 9:30-11am and only possible because of the faithful commitment (and excellent baking skills!) of a small group of volunteers. A number of the women attending Pecan’s Women’s Space stop by for a cuppa on their way in and it’s been nice to get to know them. It’s also been a good space for Carly and others to invite people they’ve met out in Peckham for a warm chat and welcome, and sometimes even staying on for the Tuesday service. We’ve seen God use us - if we show up to the cafe ready to be Jesus to others, then it seems He will absolutely give us that opportunity. And it’s been a privilege to pray for healings, for housing situations and for joy, peace and hope to flow again. More and more we want to spread the word about this beautiful space making sure anyone knows they can stop by! ## **Evangelism** We have been greatly encouraged this year by the generosity of the church family in supporting Carly’s training with the King’s Army and Christ for All Nations. Through this opportunity, she was able to gather with church leaders and evangelists from across the globe who share a vision of contending for a significant turning to Jesus within this decade. The training combined times of Bible study, prayer, worship, and fellowship with practical equipping for everyday evangelism, exploring tools such as clear proclamation of Scripture, Holy Spirit–led discipleship models, sharing personal testimonies, and pursuing lives of radical holiness. This season of learning and formation has already begun to bear fruit within the life of All Saints. We have noticed a growing confidence and intentionality around evangelism within the church, and we are anticipating further momentum in the coming months both in Peckham and beyond as the gospel continues to be shared. As we lean into what God is doing, we believe the congregation will be strengthened and encouraged as more people take part in sharing the good news of Jesus. Throughout the past year, we have also witnessed a growing movement within the church toward outreach and evangelism. Many people who already had a passion for sharing their faith have stepped forward with renewed enthusiasm, while others who previously felt hesitant have begun to overcome fear and take their first steps in evangelism. It has been especially encouraging to see new believers participating in outreach and discovering the joy of sharing their faith with others. Those who have stepped out in this way frequently return with stories of meaningful conversations, seeds planted, and people encountering Jesus beyond the walls of the church. Increasingly, our approach to evangelism has moved from simply offering prayer to clearly and confidently sharing the gospel and inviting people to respond. During outreach times, participants have practiced listening to the Holy Spirit’s leading, growing in faith and courage as they invite those they meet to encounter the transforming presence of God. **----- Start of picture text -----**
Sharing the gospel!
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A YOUNG MAN READY FOR JESUS!
Carly shares...
"
during a lunch break in October, Racheal and I felt prompted to pray
that the Lord would lead us to someone who was ready to encounter
Jesus—ideally within the next fifteen minutes. As we walked through
Copeland Park, we sensed God drawing our attention to a young man
sitting with a friend. We approached him and shared the gospel using
a simple “Jesus at the Door” card. He responded openly and was ready
to repent of his sins and begin following Jesus. During that
conversation the Holy Spirit moved powerfully, and we were able to
share a word of knowledge that deeply resonated with him. From that
moment, a journey of discipleship began. We started meeting weekly for
Bible study, spent time catching up, and learned to pray together. As
his faith grew, he began stepping out himself—sharing the gospel on
the streets of Peckham with the Send Out Sunday team and even
joining in during weekday outreach. Often, we would walk through the
area asking where the Lord might want to bring hope and light,
trusting that Jesus would shine in places of difficulty.
Although his faith was growing and he valued being part of church
life, his journey was not without significant challenges. He was
battling cycles of addiction and experienced several difficult
setbacks along the way. There were moments when the situation
seemed deeply discouraging, yet through persistent prayer and the
hope of restoration, God continued to make a way. In answer to those
prayers, he has now entered a Christian recovery centre in Wales for a
year, where missionaries will support him as he pursues sobriety and
deeper freedom in Christ. Remarkably, this opportunity came through a
missionary couple I met during the King’s Army training, who
travelled all the way to Peckham to collect him and help him
begin this next stage of his journey. It has been a powerful
reminder of God’s faithfulness and the way He weaves together
relationships and opportunities for transformation.”
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OUTREACH
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Evangelism Saturdays have become an important space for nurturing this culture. These gatherings have served as an “engine room” where we come together to worship, stir faith, and seek the Lord before going out to share the gospel. They have been attended not only by members of the All Saints congregation but also by Christians from other churches, providing valuable opportunities to build relationships across the wider church community. During this time we have been blessed by visits from evangelists and missionaries connected with City Hope Church and Imprint Church, whose encouragement and teaching have further strengthened the vision for outreach. In addition, we have received support from the Church of England to begin developing a discipleship model specifically designed for people who encounter Jesus during street outreach, helping ensure that those who respond to the gospel are welcomed and supported as they begin their journey of faith. **----- Start of picture text -----**
SaTurday Evangelism
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Looking ahead to 2026, our hope is that evangelism will become a natural and joyful expression of everyday faith for the whole church community. We would love to see every member of the congregation carrying stories of sharing their testimony, communicating the gospel, and witnessing God’s power at work through prayer in their daily lives. Alongside this, we are praying that there will be no gaps in discipleship within the church. As people come to faith, our desire is that they are supported by strong relationships, accountability, and a culture of prayer that covers everything the church steps into. Multiplication remains an important hope, but we believe that healthy foundations are essential. As we keep our focus firmly on Christ and continue to grow in love, generosity, and authenticity, we trust that the church will become an increasingly welcoming place for those discovering faith. In this way, we hope to see a community that not only proclaims the gospel boldly but also walks alongside people faithfully as they **encounter the transforming love of Jesus.** 15 **----- Start of picture text -----**
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SEASONAL HIGHLIGHTS
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Our seasonal highs of Easter and Christmas are always beautiful moments of celebration at All Saints but as mentioned above, 2025’s Easter Sunday service was a particularly sweet memory! With baptisms and a full to the brim house, it was our largest service of the year and packed with the joy and celebration Easter Sunday deserves! Holy week leading up to Easter had already been super fun with a three day holiday club welcoming children from our church and community. The theme was Mission Impossible and we met eye witnesses reporting on the first Easter, took part in secret agent training exercises and completed agent paperwork! The hustle and bustle of holiday club finished up in time for a much more reflective Maundy Thursday evening in church with prayer stations, foot washing and time to simply rest in the presence of Jesus. Good Friday featured the traditional Peckham Churches Walk of Witness, joining with friends from Rye Lane Chapel, St Marys, Peckham Park Road Baptist and St Luke’s churches for an open air service in Peckham Square. And then Easter Sunday morning we gathered early in the morning on Peckham Rye common to read the account of the resurrection, sing praise and pray for resurrection hope in our community. Some of us then set off on a resurrection run with hallelujah squats and praise burpees along the way! Truly a memorable Easter weekend and Holy week where so many people were reached with the good news! **----- Start of picture text -----**
GOOD FRIDAY WALK OF WITNESS
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Our summer featured a new seasonal staple, gathering with other Peckham churches on the common for a picnic and fun day. The Mayor of Southwark joined us with his favourite song ‘ Goodness of God’ and it was a blessing to be together and declare God’s love over Peckham. Plans are afoot for 2026’s Fun Day! Christmas season started at the beginning of Advent with a Christingle service, featuring the big orange suit (!) but also some beautiful moments or prayer and worship with our youngest family members. Two carol services saw church full two Sunday nights in a row, with plenty of unfamiliar faces visiting, leading to some really interesting conversations over mulled wine and mince pies. The musicians and creatives knocked it out of the park again with fresh carol arrangements, a stunning performance of Because of Bethlehem, and opening video and spoken word introducing our This Changes Everything theme. And it was great to partner with Ross and the team at our neighbours Brick Brewery again, for another evening of Beer & Carols when we made some brand new connections and welcomed back some who’d been before. Our friendly donkeys were very popular visitors at our Family Nativity service, bringing in some brand new families. This service always features delightful chaos, but also a clear telling of the reason for the Christmas season, sharing the gospel with children and their parents. The birth of the baby Jesus, God Himself come to earth, this really does change everything! Two new additions to our Christmas programme this year; the Christmas Day meal where we got to joyfully gather with around 60 guests for a fantastic festive roast dinner. And the watchnight service- celebrating our way into the new year in prayer and praise. Both events led to a busier season for team and volunteers but were fruitful and Spirit filled and we’d love to explore how best to host them again in the future. interesting conversations over mulled wine and mince pies. 17 **----- Start of picture text -----**
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CHILDREN
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**Colossians 2: 6-7** S _o then, just as you received Christ Jesus as Lord, continue to live your lives in him, rooted and built up in him, strengthened in the faith as you were taught, and overflowing with thankfulness._ Looking back over 2025 there was a sense of God sustaining our Children and Families Ministry with deepening roots and allowing rest (Colossians 2: 6-7). There is a great sense of thankfulness for God’s provision of committed and faithful volunteers throughout 2025. This is a ministry that cannot exist without the help and support of our brilliant volunteers who not only help our little ones to grow in faith but also find themselves growing and experiencing more of God too. Walking alongside our children as they themselves walk close to Jesus is a precious place to be - especially as we know Jesus himself said “the kingdom of God belongs to such as these.” (Mark 10:14). We cannot talk about 2025 without remembering Teresa Williams who was such a passionate supporter of children and their families throughout her time at All Saints - her passing was such a huge loss to our All Saints family and we still miss her so much. Stay & Play group ran until July with a really core consistent group of parents and carers and their little ones - the majority of whom had no other connection to the church. Averaging 30 babies and toddlers plus 25 adults, the hall was full of joy every Friday morning served tea and coffee by key All Saints volunteers. A real sense of local community developed with lots of conversations about church and Jesus. We hope to be able to reopen this space again in 2026. Our monthly Sunday Kids Worship sessions continue to be a space for God to do new things for our children and the young band who lead us alongside Ronnie. It has been amazing to watch this ministry grow throughout 2025 with the young people taking their role more seriously and the opportunity to share with the church at the end of the service. Our mid-week group Joy412 is a smaller discipleship group which meets in the church after school on Thursdays for Y5 and Y6 with Matthew and Becky helping out. During 2025 we shared the highs and lows of a really committed group of Year 5’s and 6’s who enjoyed lots of quality time together thinking about the psalms and Pete Greig’s book “How to Pray - a guide for young explorers”. What a privilege to help them navigate big life shifts like coming to the end of their Primary School journey with a regular time of Bible study and prayer. The theme of deepening our relationships with each other as brothers and sisters in Christ was something that came up in our Sunday groups as we studied the book of Nehemiah and thought about how God builds his church (both literally in Nehemiah’s time and more figuratively with the help of the Holy Spirit in 2025). We were also challenged and encouraged by following similar themes to the adults at the Weekend Away at Ashburnham in June. It was such a beautiful opportunity for our children to really feel like they are part of a big loving family that works together to live in unity and integrity. Our children loved the space and quality time with each other and the intergenerational community that All Saints is. The Light Party on 31st October and the Family Nativity in December were wonderful seasonal favourites that provide opportunities for our children to invite their friends to church, something they love to do and we love to make space for! We said thank you to Becky Addae in the autumn term as she left her role as Children and Families Pastor on the staff team, though she remains an integral part of our children’s team. In December 2025, we joyfully announced the appointment of Micah Davy to the position of Children’s Pastor starting in 2026 and we look forward to seeing all the ways God will lead our children’s ministry in this new season under Micah and the incredible team of volunteers who make all the groups possible. **----- Start of picture text -----**
Fun times at the
weekend away
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YOUTH
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It's been a special year to be involved with youth ministry at All Saints! It’s been an utter joy and privilege to see God taking our young people deeper into relationship with Him and so visibly growing their hunger for scripture, worship and the presence of God. The Weekend Away was of course a glorious highlight of 2025. To look out on a room of 40 young people with hands up in response to being asked whether they want to be filled with the Spirit - on night 1 no less! - was testament to the way Jesus has been working in the lives of these wonderful youth. We have also started to see fruit from our relationship building with local schools. Joel has had the chance to share the Gospel (mainly through the joy of Christingles!) with 80 young people from Harris Peckham when they brought a few classes to Church at Christmas time. And down the road in Dulwich we are loving seeing the growth of the Christian Union at Charter East! Recently Joel had the privilege of buying a first Bible for an unchurched young person who was invited to the CU and was so captivated by Jesus that they are now part of our Church family here. Praise God for our bold evangelists in youth bringing their friends into the fold!! We continue to long for us to be a greater light in Peckham as we head into 2026. Joel and Amy got to run a Holiday Club on the estate they live on last Summer which was a real highlight and we’ve already been invited to run another holiday club soon so we are praying that those doors will continue to open - both on the estate and across Peckham - that the King of Glory may enter in! Finally, we want to give an enormous thank you to the remarkable group of volunteers in this Church who make up the youth team. We’re so grateful for all the time and energy you give to serve our young people and deeply appreciate your encouragement and support for Joel. We know there are also many who carry a burden of prayer for our young people and the work we’re doing - in the words of Paul, ‘we thank God when we remember you’! ## **MEN'S & WOMEN'S MINISTRY** At Deeper (our men’s breakfast every other month) we talk about the b’s: brekkie, bible, banter, brotherhood. And talks aside for a second, there have been some truly beautiful moments of camaraderie. Seeing big blokes with beards well up whilst praying for one another to be honourable men in their workplaces is quite a sight! Similarly, hearing spontaneous testimonies – like one of our older saints share how like the Apostle Paul he’d formally hated Christians; as a former Muslim he’d been intentionally thinking of ways to ridicule the Church. Now, thanks to Jesus meeting Him in and through the local church, he’s inviting Muslims to experience the Saviour he used to mock. Wow! We’ve thoroughly enjoyed the physical Full English, but experienced even deeper satisfaction with some of the spiritual food that’s been served up 5 times this year. With inspirational stories about some heroes like St. Augustine and Bonhoeffer, to focussing on breaking the cycle of shame, to freedom found in an eternal perspective, to thinking about how we remain salty in the workplace – we’ve certainly had lots to chew on. And it was particularly fun to have two old friends of All Saints come back to share with us, in Tim Armstrong and Andy Blacknell. It’s been brilliant to see some of the older teenagers start to engage more with Deeper, and our hope is that more mentoring takes off particularly with this age bracket in mind. Every week a small group of men show their devotion to prayer and one another by gathering for a prayer breakfast at 6:45am on Thursday mornings. There have been a number of testimonies of answered prayer and felt support from these mornings as the group has met faithfully throughout the year. Alongside Deeper and prayer breakfast we can’t forget the weekends away - Dads n Lads at Carroty Wood and Dads & Daughters at Runways Outdoor Centre. Both weekends had groups of about 30 with epic cooking arranged by the dads and plenty of fun in the summer sunshine, and even under the stars! We hope to repeat both trips in 2026, so come and join in dads! Not to be outdone in any way, the women’s breakfast team pulled off 6 Rooted breakfasts in 2025! We had a beautifully wide range of guest speakers; Kate Patterson talking about grief, Ish Lennox on the seasons of life, Naomi Hutchinson sharing poetry and spoken word, Damilola Makinde on discipleship and following Jesus and Tania Bright on what it means to be a welcoming community. One particularly memorable morning our own ladies shared testimonies around mental health challenges and it was beautiful to celebrate all that God has done and is doing among us. These breakfasts have become precious spaces of connection with one another and allowing the Lord to do His healing work among us. 21 **----- Start of picture text -----**
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GIVING TO MISSION
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## **All Saints All Around The World** We continue to pursue a culture of generosity and faith in God’s provision which has led us to give away approximately 10% of our income to local and global causes. We see this as investing in God’s Kingdom, knowing He can multiply our gifts to accomplish His purposes. In 2025 we donated regularly to the following mission partners: **Abigail Virgo** working with Asha: a Community of Hope in Tower Hamlets **Compassion UK** for our partnership in Burkina Faso **Giraffe Mobile Library** working in Ghana **Ephraim** working with Great Lakes Outreach in Burundi **Fernando Castro Rodrigeuz** and Vida y Familia - Londres working with Spanish Speakers in Peckham **The Jeggo Family** working with OMF in Japan **The Schmidt** ʼ **s** working with Operation Mobilisation and the refugee community in Germany **Paz Y Esperanza** working across South America **Pecan** in Peckham and surrounding areas **Power the Fight** in London and beyond **Ruth Chappell and Bankin Ousso** working with Arabic speaking people in London **Starfish** in Uganda **Sophie Martin** with YWAM **Jon and Lucy Hopkins** with U Turn in South Africa **Aaron Shah** with Worship on the Streets in Northumbria **XLP** working with Young People across London n addition to our regular giving in 2025, we were able to make donations into two global building projects; classrooms at a Christian school in Karachi, Pakistan and the construction of a church building in Indonesia. This money came specifically from setting aside some funds raised for our own building project over recent years. **----- Start of picture text -----**
Projects
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## **OUR PARTNERS** We continue to be grateful for the wonderful organisations that are based on our site for significant portions of the week. In 2025 we made stronger ties with the team running Pecan Women’s Space being able to refer women to their advocacy service and offering CAP support when courses came up to the women attending the space. Over 225 women were supported by the hub last year with the team running coffee mornings, hub lunches, creative workshops and one to one support. Foodcycle continue to provide two community meals each week, open to anyone for free, cooked and served by volunteers and sourced from excess food from supermarkets and businesses. They’ve seen not just food waste reduced, but people experiencing loneliness, food poverty and mental health issues brought into community dining and a warm friendly space. Other groups using our site regularly have included Migrateful (cookery classes run by refugees and migrants), Catchers on the Rye (Peckham’s juggling club) and AA (Alcoholics Anonymous). What a privilege to be able to host so many great community organisations here in the heart of Peckham. ## **OUR BUILDINGS** ## **Site Development** During the second half of 2025 the site development plans roared back into life with our successful campaign to raise £40,000 in 40 days. The campaign exceeded this target and for this we give thanks for God's provision and the generosity of the congregation. In 2026 we will work with our architects to prepare a valid planning application focussed on developing the site between the east end of the church and Il Giardino Italian restaurant. However the proposals will also look at the use of the whole site and suggest how existing buildings could be used more effectively to support our mission. We have a very strong base to work from with detailed scans of the site and clear vision for how the new annex could work, how it might look aesthetically and the harmony between older and newer parts of the building. As the project progresses we will be asking for your input so that we can incorporate a collectively agreed vision into the plans so that what’s designed will support the vision and mission of the church going forward. 23 **----- Start of picture text -----**
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BUILDINGS
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## **Building Maintenance** There have been a number of improvements to our buildings in 2025. We have painted the main church up to a height of around 2.5m, which has allowed us to redecorate some of the more problematic areas and improve the look of the church. We also took the opportunity of the creche being unused over the school summer holidays to redecorate this space and have moved on to repaint the woodwork at lower levels in the hall. We have spent money to repair the water ingress in the apse and north side of the church as well as on the south side of the hall. Once all of the walls have dried out we will look to redecorate them and bring them up to a decent standard. We are also looking at ways in which the green space on site could be better utilised to support the mission and vision of the church. The site development plans will incorporate this and we’ll be reviewing with users and stakeholders, most notably our congregation, how we can best steward these underused spaces. A very considerable thank you to the small but dedicated volunteer gardening team, notably Roger Orr, Fernando Castro Rodriguez, Becky Addae and Mark Johnson among others, for their faithful dedication to this important task. So we start 2026 with our buildings in better condition than a year ago, and with all the site redevelopment plans taking shape it’s an exciting time in the life of our buildings! **----- Start of picture text -----**
Epic gardening team
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## **GOVERNANCE** At our APCM in 2025, Enuma Madu and Richard Trimble were elected as churchwardens for a one-year term. The following PCC members stood down having come to the end of their term: Hermione Thompson, Paul West and MarieLouise Samuels. Teresa Williams, having gone to be with the Lord, had also finished her term on the PCC. Paul West and Marie-Louise Samuels were reelected to the PCC for another three year term and were joined by former churchwarden, Liz Fothergill for a single year term. **----- Start of picture text -----**
HANDING over the churchwarden baton!
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Significant governance work in 2025 included: ## **Financial Decisions and Planning** - The PCC made the decision to increase and restructure staff salaries to reflect - the increased cost of living. - The PCC responded to the diocesan plea to increase the Parish share, contributing to the wider ministry in Southwark. - Reserves were increased in 2025, but not by as much as budgeted. - The PCC voted to use the remaining 11.5k building tithe restricted funds reserved for overseas projects to contribute to a Compassion church building project in Indonesia and the construction of three new classrooms at Hope School Karachi, a Christian school in India. ## **Church Fabric etc.** - The lighting in the church was updated via the Give to Go Green programme - -The congregation has benefited from the generous provision of new copies of the 25 - bible for congregational use **----- Start of picture text -----**
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GOVERNANCE
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- To the relief of staff, a new church photocopier contract was entered into. - The PCC approved works to repair the leaking guttering by the cafe with cast iron gutters that matched the existing gutters elsewhere. - ASP achieved the Growing Hope Silver award for accessibility thanks to several alterations and improvements to the church’s accessibility for and inclusion of disabled members and visitors, including the building of a new ramp. ## **Discussions re Site Redevelopment:** **-** There was a lot of discussion in the PCC about proceeding with the site redevelopment during the course of the year. The decision was taken to proceed in faith that God would provide the funding required. The vision for the redevelopment is that the life of the church should become more visible to the community of Peckham and that the new space opened up would be a blessing to the church and wider community. - 2025 closed with the £40K in 40 Days campaign to provide the funds to take our building project to the planning application stage. This was very successful and raised over £60K. - Architect Malcom Fryer was instructed by the PCC to take this work forward in 2026. **----- Start of picture text -----**
What church could look like...
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## **ACCOUNTS** ## **CHARITY INFORMATION Members of the Parochial Church Council** Rev. Greg Cushing (Chair) Dr Jane Fryer (Deputy Chair) Elizabeth Fothergill (Church Warden until 22 May 2025) Raphael Olumuyiwa Pedro (Church Warden, resigned 22 May 2025) Enuma Madu (Church Warden, appointed 22 May 2025) Richard Trimble (Church Warden, appointed 22 May 2025) Eleanor Orr (Treasurer) Elizabeth Evershed (Secretary) Anthony Madu (Deanery Synod) Olivia Brambill (Deanery Synod) Roger Orr (Deanery Synod) Kathryn Beatham Jennifer Griffin-Walters Joshua Pedro Christopher Sewell Marie-Louise Samuels Hermione Thompson (resigned 22 May 2025) Paul West Theresa Williams (resigned 22 May 2025) ## **Other members of key management** Gareth Hepworth (Operations Director) ## **Charity Registration Number** 1131846 ## **Principal Address** Blenheim Grove London, SE15 4QS ## **Independent Examiner** Lisa Darby FCA Stewardship 1 Lamb's Passage London, EC1Y 8AB HSBC Bank plc ## **Bankers** 27 **----- Start of picture text -----**
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## **ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2025** The Members of the Parochial Church Council (the 'PCC'), who are the charity's trustees for the purposes of charity law, have pleasure in presenting their report together with the financial statements for the year. **Objects of the Charity :** The charity is responsible for co-operating with the incumbent, in promoting in the ecclesiastical parish and the whole mission of the Church, be it pastoral, evangelistic, social or ecumenical. The PCC is also responsible for maintaining certain church property situated within the parish, including the church building and halls. **Summary of the charity's main activities and achievements:** To further the above objects and vision, the charity's main activities and achievements were as evidenced in the Annual Report pages 3 - 27 It is worth noting that most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. In planning the activities, the PCC have applied the guidance on public benefit issued by the Charity Commission. **Structure, Governance and Management:** The charity is registered with the Charity Commission and operates under the Charities Act 2011. The governing documents for the charity are the Parochial Church Councils (Powers) Measure 1956 (as amended) and the Church Representation Rules. The appointment of PCC members is governed by, and set out in, the Church Representation Rules. The PCC comprises ex-officio members (which includes clergy and churchwardens), elected members and co-opted members. The PCC organises elections annually before the Annual Parochial Church Meeting (APCM) to fill vacancies. Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the PCC who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a management team led by the incumbent, within the parameters of the operational strategy set out by the PCC. This team regularly reports back to PCC about the decisions made and direction to be undertaken in future decisions. New trustees are provided with information explaining the responsibilities and details of how to be an effective trustee. All trustees are additionally DBS checked, where appropriate and ## **TRUSTEES REPORT** trained using the Church of England course Pay for senior management (excluding Clergy) is set through a process of external bench-marking and is agreed by the PCC. ## **Financial review** During the year income increased by £20,179, to £601,004, and expenditure increased by £55,181, to £590,289. As a result, surplus for the year decreased by £35,003, to £10,715 and the charity's net assets increased by the same amount, to £497,499, of which £399,602 were unrestricted. Net current assets increased by £23,447, to £149,062, of which £51,165 were unrestricted. There were no events that caused significant change in financial performance during the year. The increase in costs was mainly caused by factors including an increase in spend on maintenance and repair of our buildings, notably rainwater goods that are part of the church building. This is reflected in improved condition of the buildings by the end of the year but required more money than had been projected. The increase in income during the year did not fully cover the increase in expenditure. ## **Reserves policy** Our reserves policy is to hold reserves for the purpose of protecting the work of the church in the short term in the case that funding targets are not met. Our policy states that our reserve should equal or be greater than 10% of our planned unrestricted expenditure and for 2025 this would be £51,783 These figures indicate that the General Fund has grown in 2025 by a further £15,000 to just over £51,000 (2024 £36,000). Of this, £39,000 (2024: £19,000) is represented by General Fund net current assets. Whilst this reserves position is not as generous as our policy states, we are very grateful for the progress made in 2025 and the increase in our unrestricted net current assets. The PCC will continue to ensure careful financial controls and sensible income generation strategies are maintained in order that our reserves will be gradually returned to the level described in our policy. ## **Investments** The church assets are used directly for the ministry and mission of the church. There are no surplus assets requiring investment. ## **Fundraising** There were no professional fundraisers or consultants employed during the year under review. There are no plans to employ professional fundraisers during 2026. If planning permission were to be granted for redevelopment of part of the church site, then this would need to be considered. 29 **----- Start of picture text -----**
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90% of the income of the church is received through the generosity of members of the congregation {when reclaimed Gift Aoid is included}. This income is generated by teaching on biblical principles of giving, and demonstrating how funds are spent to support the ministries the church is involved in. Overall, during the year, we had budgeted to raise £582,912 and our total income for the year was £601,004. However, only £482,158 was for the general fund which was £70,754 lower than we had planned. We raised £93,491 for restricted funds which was £63,491 above budget. The balance of funds raised was not as projected, as the special projects were funded partly by diversion from general giving. ## **Key risks and uncertainties** The charity is exposed to various risks - be they operational, financial or reputational. The PCC reviews the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. ## **Other matters** With regard to the PCCʼs obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016. The last quinquennial inspection was held in 2023 ; no significant immediate work is required. ## **Statement of Responsibilities of the Members of the Parochial Church Council** The PCC is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources for the financial year. In preparing these financial statements, the PCC are required to: 1.select suitable accounting policies and apply them consistently; ## 2.observe the methods and principles in the Charities SORP; 3.make judgements and estimates that are reasonable and prudent; 4.state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 5.prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation. The PCC is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Approval** This report was approved by the PCC and signed on their behalf by: Name: ___________________________ (Dr Jane Fryer, co-Chair) Date: ____________________ 31 **----- Start of picture text -----**
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## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS PECKHAM ('the Charity')** I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2025 on pages 33 to 53 following, which have been prepared on the basis of the accounting policies set out on pages 37 to 41. ## **Responsibilities and basis of report** As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## _Lisa Darby FCA_ Institute of Chartered Accountants in England & Wales Stewardship, 1 Lamb's Passage, London, EC1Y 8AB Signed: Date: ## **STATEMENT OF FINANCIAL ACTIVITIES** For the year ended 31st December 2025 i The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing operations. The notes on page 37 to 51 form part of these accounts. 33 **----- Start of picture text -----**
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## **BALANCE SHEET** As at 31st December 2025 The financial statements were approved by the members of the PCC and were signed on its behalf by: --------------------------------------- Dr Jane Fryer (Co-Chair) Date: __________ Charity number: 1131846 The notes on page 37 -51 form part of these accounts. ## **CASH FLOW STATEMENT** For the year ended 31st December 2025 35 **NOTES TO THE CASH FLOW STATEMENT** **----- Start of picture text -----**
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ACCOUNTS
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For the year ended 31st December 2025 ## **NOTES TO THE ACCOUNTS** For the year ended 31st December 2025 ## **1. Statutory Information** The Parochial Church Council of the Ecclesiastical Parish of All Saints Peckham is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page. ## **2. Accounting Policies** These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded. These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102. The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'. The principles adopted in the preparation of the financial statements are set out below. ## **a) Going concern** The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's 37 **----- Start of picture text -----**
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forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. ## **b) Income** Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period. Income from donations includes: i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor. ii) Donated facilities, services and goods. Goods donated for distribution to beneficiaries are recognised as income when receivable at fair value (being an estimate of the amount it would cost to purchase those items) The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured. When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised. Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church conferences, retreats, and other events and courses. Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income from the hire of church facilities. Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest. Other income comprises gains arising from the disposal of tangible fixed assets / social investments. The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity. ## **c) Expenditure** Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably. Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year. Any contributions that have not been paid over by the year end are included as a creditor. The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity. The cost of raising funds is not significant and has not been separately disclosed. The Charities SORP requires charities with income over £500,000 to allocate costs to the various activities undertaken by the charity. The nature of the work of the church is considered to be so integrated that the core charitable activity costs are considered to be for the one activity. Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity. 39 **----- Start of picture text -----**
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## **d) Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. ## **e) Tangible fixed assets** Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred. Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available. The church halls and certain clergy accommodation are held in trust by the Diocese on behalf of the PCC. These properties are essential for the mission of the church and have been in use for many years but they have not been included in these financial statements as there is insufficient cost information and their depreciated cost is unlikely to be material. Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged: Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment 15% per anum on a straight line basis The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable. ## **f) Leased assets** Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use). ## **g) Pension scheme arrangements** The charity contributes to the Church Workers Pension Fund, which is a multiemployer defined benefits pension scheme as described in Section 28 of FRS 102. The charity is not able to identify its share of the Scheme's assets and liabilities and, therefore, as permitted by FRS 102, the Scheme is accounted for as if it were a defined contribution pension scheme. Contributions to the Scheme are charged to the Statement of Financial Activities as they become payable. Further information about the Scheme is disclosed in note 13 'Pension Commitments'. ## **h) Taxation** The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. ## i **) Financial instruments** The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years). ## **j) Critical accounting estimates and areas of judgement** The members of the PCC do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period. 41 **----- Start of picture text -----**
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The fee payable to the independent examiner for preparing and examining the accounts was £5,100 (2024: £4,800); in addition the charity paid £1,064 (2024:£1,001) to Stewardship for payroll bureau and consultancy services. 43 **----- Start of picture text -----**
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The average monthly number of employees during the year was 7.7 (2024: 7.3). Most of the charity's activities are carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum. The charity's key management comprise the members of the PCC and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows: Rev. Greg Cushing (who is a clergy member of the PCC) receives a stipend from the Diocese and so they are not an employee; some of the Parish Share paid to the Diocese is used to help meet the cost of this stipend. Rev. Greg Cushing was also provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC is included in note 7 'Charitable Expenditure'. 45 **----- Start of picture text -----**
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NOTES TO THE ACCOUNTS
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The Freehold property was purchased in 2018 for £400,000. The members of the PCC are not aware of any material changes in value since purchase and the valuation has not been updated. ## **13. Pension commitments** The Church Workers Pension Fund (CWPF) The PCC participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the PCC and the other participating employers. The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, which comprises a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014. Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may be added before retirement, depending on investment returns and other factors. Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared, is payable, unreduced, from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and contributions are accounted for as if the Scheme were a defined contribution scheme. The pension contributions payable for the year, which have been charged to the Statement of Financial Activities, were £10,196 (2024: £9,566). A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022. The next valuation is due as at 31 December 2025. For the Pension Builder Classic section, the valuation confirmed that it was now fully funded on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a modest discretionary bonus following improvements in the funding position over 2023. There is no requirement for deficit payments at the current time. For the Pension Builder 2014 section, the valuation confirmed that it was now fully funded on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The legal structure of the Scheme is such that if another employer fails, the PCC could become responsible for paying a share of that employer’s pension liabilities. 47 **----- Start of picture text -----**
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NOTES TO THE ACCOUNTS
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## **14. Funds** During the year the movements in the charity's funds were as follows: The transfers referred to above were made for the following reasons: a) Transfers from the General Fund to the Weekend Away Fund (Designated), Hardship Fund (Restricted), and Other restricted funds to clear deficits at the year end. b) Transfer from the General Fund to the External Giving Committee Fund reflects the policy of the PCC that 10% of annual unrestricted income is used to support mission partners across the world. c) Transfer from the Site Development Fund to the Site Development Fund Tithe to clear a deficit at the year end and reflects the combined purposes of these funds. d) Transfer from the Hall Refurbishment Fund to the Give to Go Green Fund to complete the project and reflects the similar purposes of these funds. e) Transfer from the General Fund to the Garden Project Fund reflects the setting aside of unrestricted funding received for the same purpose. ## **.Analysis of net assets by fund** The assets and liabilities of the various funds were as follows: 49 **----- Start of picture text -----**
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NOTES TO THE ACCOUNTS
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## **Analysis of net assets by fund** In the previous year, the assets and liabilities of the various funds were as follows: ## **Designated Funds** Old Vicarage Fund: holds the value of the residential property owned by the PCC and used by clergy. The only expenditure charged to this fund is depreciation. External Giving Committe Fund: every year, the PCC commits 10% of unrestricted income to supporting mission partners across the world, with decisions made by the committee. Weekend Away Fund: income and expenditure related to the annual Church Weekend Away, including where support is provided for individuals to attend who are unable to pay themselves. ## **Restricted Funds** Site Development Fund: main working fund for the redevelopment of the site. Site Development Tithe Fund: 10% of gifts to the initial appeal for the Site Development Fund are allocated to support other similar building projects around the world. CAP Fund: income and expenditure related to specific support received to fund the church's CAP project. Hall Refurbishment Fund: income and expenditure towards the refurbishment of the church hall and similar projects. Special Donor Fund: income and expenditure related to specific gifts from a donor. Evangelist Fund: income and expenditure related to the employment of the Church Evangelist. Give to Go Green Fund: income and expenditure related to the project to install energy efficient fixtures within the church building. Garden Project Fund: income and expenditure relate to a project to develop the church's outdoor space for gardening as a ministry to vulnerable adults. Weekend Away Fund: income and expenditure related to specific grant support received for a group to attend the Church Weekend Away in 2025. Other Restricted Funds: Support of those in need and specific missionaries and events. ## **15. Transactions with related parties** During the year the charity: a) received donations totalling £126,278 (2024: £76,421) from related parties (which includes members of the PCC, any other members of key management and anyone closely connected to them). Except as disclosed in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year. 51 **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES** FOR THE YEAR ENDED 31 DECEMBER 2025 **----- Start of picture text -----**
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NACCOUNTS
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53 Blenheim Grove, London, SE15 4QS 020 3637 2701 www.allsaintspeckham.org.uk hello@allsaintspeckham.org.uk