2025-12-31-accounts

S'I. STLPIIEN'S P(r. ANNLIAL REPORT AYD bINAYLVAL STATEMENTS R THF YbAK TU TIIE 31 DEC.FMIIFR 2025 Charity RegistrAtlon Number 1131952

ST STEPHETr4'S PCC Annu41 RepDrt oflhe PArachil Churtb C'ou¢ll or tbt Year tllded 31 Dtttthbtr2025 Admlnkntr•tlve Inforniatlon Si. Sicphen's c￿Ur￿ is situated in South Kcn%ington in th¢ Royal BoTough of Kensington 2nd CIKtsc& It 15 in th¢ Kgnsmgion Epiwpal ATe of thE DIOLe￿ of Lortthn but is under th¢ ¢8r¢ of the Bthp ofFulham. The ¢orrtsprndenti is Si. 8t¢rthn'5 Chwth, thwell CJaTdens. London SW7 4RI. The Ptrochiai ChuTch Council IPCCI is aTe8v4trr¢d ¢haTity nuJnbLY 1131952. I>CC membcr8 who havo scTrod from I. JHnuHry 2025 Uttiil the thie this rerM>n WBS approved ar¢.. Imcymbenl. Thc Rcvd i¢brDdHry Philip Homcs Chai￿an Wordens.. Mr IBin Hunt Ms Minttie Mo Vice Cha Reprgseowtlv¢s lh¢ lkn¢rysYfft￿.. KhaTin tsethght Mr. Duvid Colvil MTS F.IIiAbtih Olunlvyu Mr& Sue Mlchclmore Mr Kichdftl Shull M8 Brenda R05 Mr8 Jill Llewellyn 'rrt&%urer AppoiDt I l.May-25 4Aft8uardinB otTicer My Mindte Mos8 Mrs LlitAt Olunloyo ChildTUL'Y Clwnpion.. Sc¢rthary'. Mr Mwk Ilod8in Slru¢t¥r¢i ioverniic¢ The mttthLwJ of appoinlrncnl ofpLL mcmb¢r5 15 5rl oul itt th¢ LThurch Represl￿￿110n Rulei. All ChurLh #Itcnd¢￿ BrttrtrDui4ed to ie8i%ier n the F.lethord Roll Bnd gtand for el¢LlioTh 10 th¢ PLL. 'I'hc I>CC i¥ citticd cach yew 48 arc th¢ Churchward¢ns. ObJttilv¢i nd Act￿lt￿li 'I'h¥ PCC UK f¢gP)n8ibiliiy orw￿penI1nI with lh¢ incumb¢nl, in promoluw in Ihe e(¢lUi￿lI(1I parish Ihc who]¢ mi%8ion of lh¢ ch￿r(h,

lor81. cvgn8cli4iic, wcial Bnd eLuMetti¢￿. Arhlviment¥ 4Nd P¢rforrn•n¢e ChurLh 4ttcnd•m¢ (h the 31fj1 tkcEmber 2025. the￿ were 7612024-731 on thc F.ILYtor41 Roll. 20612024 2121 ￿pIe ttendkyl ¥ Chri¥th1gs and 23912D24 2121 llll¢nd￿ Hn F.&si¢r M4$5. Ait48e 8und&y al￿ndan￿., coun*d durin¥ OGlokn 2025, 82 12024- 551 Adults and 2 (2024- 21 LhildT¢n. A¥cra8e aiicnd4ncc f(br midwcck s￿1¢¢5 duri￿8 (klobet 2025 512024- 51. In 2025 WE had Z DJurriaw12V24. 01. 3 funwds120244)1. I bapissm1202441.

ST SI'EPHEN'S PCC AnnM¥l Repbrt ofthe P8ro¢hi•l ehuTch Council Icontinutdl 'or Ihe Ytar tnded 31 DtCEfflh¢r 21ll5 Rewltw of the ytr Ilitting th¢ right tonc tn the Annud Rcport of the l?CL is a tricky thing. Somclimc5 one reads AnnuBI R¢pons (rom other p￿IsheS and they fcel like an opp0m￿llY io -rn'l w¢ well'l Conversely tlKy tan som¢tim¢4 f￿1 ovcrly pe&%imtsii¢. rceording decline and 1om¢niin8 lrnsi opportunitie5. 1'herc's & %imp]e trnth th we need 10 be¥in wjth, As a communiiy of Chrisiians we're responding to thc C￿1 of in Jesus. rtnd, artimHt¢d by th¢ Spirii wc're ￿l￿g 10 failhful, Wc'r¢ bul a ccll of the Rody. a local expTes%ion of a LaihuliL Church or which the Churth uf EnBland is a w. As part of that w¢ 5triv¢ 10 b¢ faithful in W0￿h1p, in shfjring th¢ faith. Ind in good slcwardxhip of 0￿r r¢s(>Ur￿3 50 Ihat Ihry may x'tvtt thE purp05¢ ofmiDiSty Bnd mib5ion. What follows then in report the pages thai follow is opwnuniry w refle￿ on our f&iihfulnc5s in th¢ p&$1 yw, on ways Ihth wt'vr b¢cn &ble la bcw fruii h¢rc, and on whLYe we tnighi [￿ed 10 8lV¢ alim11￿ ill fuiur¢ ls we LX)nEinu¢ io 1l0ur￿h dy a community uf fHith. Aithe htan ofour lifL' LS Ihc ¢¢lcbr4tinn (bfihc Sunday Suftg Mass, th¢ SDUr￿ and summii of our faLth. t)uring 2025 we conlin￿d lo slriv¢ for exL¢lleTKe in worship and thi8 remains our prioriiy. Onc trl. thE Iuy CXPTC55ion% that somL'litnL% Bel usrd in church training cvmis is thBt -WOTship Is th¢ Chur¢h'y ¥hop window." lThi5 is lo Bcl thin85 IhL wmn8 way aruund. Wot5hip is whHI we art not some sort of P.Vi. exucisL'. Sundoy M&89 ￿ Si Sicph¢n's draws I0￿￿er a number of imPDrt4nl cllwls ot.p￿lsh life. Firsity we gath¢T ￿ & Community. and I'm ￿allY graieful lor way ill wliiLli Ihtr whol¢ commuThily lake% r¢spons¢biliiy in w¢l¢oming dnd o(fcTing huspJtHlily lo thosc who juin us. li's b(th) heBrtCnill8 lo scc thai Ihc numk'r uf thikw joini￿8 u¥ for Sunday Mthss Lontinu¢% 10 8row. und (>nc ofihl. Ihin¥s we'll need 10 give al￿ntiOn io is we minister w and w¢l¢omL' th￿¥ who orc joinin8 us so Ihai IhLy li'el Ihey'belon8'. gnd w coniinue Ihiy trujL'LI()ry of 8r0￿h iog¢thcr. Our wnviriion is th￿ uur church buildinu J5 m(>rc Ihan a convenicni shcliLr fur uy on B Sunday morning, howevLY ¥fJnd. It 1% in tts¢if•n a¢1 ofworihip, und ihc care wc 8ivc il i5 an Lxpwssion of our hun(￿ring Cjnd. Whilsi Ihu¢ have bccn no majoT buildinB prOJL￿1￿ in 2025 wc h￿¥¢ undertaken SLvcr¥l ¥mdlcT prvjecL4 on Ik fabriL, 4nd we #rc slriving to huild rcscrvcs liir whai w¢ know will he B costly proj¥ct un the s¢)uth uislc rvofin Ihc nLxl f#w yeexs. Under the Ic8d¢rship vl'lh¢ vicar and churchwarden8 Ihe PCC workd ¢ffcdively a5 8ood Mcwards ofuur buildi￿&% pnd ￿￿ouT￿S. Mu5if is 4 cuns)d¢rdbl¢ r￿tOr in our annuMI budg¢l bcD, 4nd IK, inspirry and draws in & wond¢rtul Icam of musician¥ vound him. Th¢ p￿b¢￿(C or Sam￿1 Jonog &q an Aysi¥Eanl t)ir¢Llor of Mu%ic in 2025 tneanl Ihal th¢ $iyndard ofchoral musi¢ und or8an playin¥ have htten ¢yccpiion41, OTC LhalknBin8 pic￿5 fTQm the Tc[Kr￿1rt hive f¢￿Vr¢d. Thc liiur&y iy d¢p¢nd¢nl a small bui deditdtcd Itam u1.￿1&r icrvcrs an¢J rL'4deTS, und we'TC ¥rllleful for Ihc limc Ihly ¥iv¢. A priority for th¢ n¢xl f¢w month5 will be aeekins 10 aryw sKopl¢ iniu Ihe8e 1¢oms so thllt we clln ￿nIlnU¢ 10 offer WOT%hip with IhL Lutholic r¢m(kni#l Ihai 18 5ULh o hdllmArk ufour lifc. Alongsid¢ Ihis f4iihful rh￿hrn ai the of our life- with M$ #l¥brat￿ ￿ most days of thc y¢2r w4 ubl¢ ID offu somc ￿her ypeeiBi cven15. ()ur Advcnl <".yriil %¢rviLL und the lilurBy oftnuyii und r¢adin8¥ un IJ&ii(>n %und4y rctnain wpular, and In 2025 we <)flcred 8 Chor F.￿n￿On¥ lu celebralc the te&%1 Ord¢Ji¢￿1￿Jn ofihc church in QL'inhcr wiikn th pllri5h lunch PTcc¢din% li In th¢ vicBra8C. In Junc Ihc Lhurch hoslcd ¢xhihiiion orpuin1in￿ hy lh¢ y4)un¥ unixi Jérémic QUeYr￿ inspir￿ by'l',S. Lllioi'% Pwr QuartL.￿. AILm8yide the rxhihjlion whiih plaec over twts w¢¢k$ WL ho¥l¢d o ¢onc¢rt perlumianc¢ of Iwo ot'ihe Qugff¢l¥ r¢ad by A.N. Wilson iniersperylid with musiL by a %irin8 qudrtet. 'I'hi$ w￿% & ycai 5ucccs8 and 41 beautiful way ts) Lekl)ral£ th¢ ¢r¢aiivLry ol Ollr forni¢r Ghut(hwutdcn. 11 VLry gth)d 10 draw o @(x)d numb¢r TrfviyiioTS 10 Si.Sphens for thE uLCB%l￿. 'I'he church wnliTru¢y 10 bc r¢s￿￿[lY uled for wn¢Lrt¥. 4nd a5 WCII ￿ pmiding Ihc pwigh wilh aJvJihcT SOUT¢t of incomc 10 SUPPDrt uur inislry Ihtt%e ar¢ upFx)rtunili¢5 to w¥lwmc pcopli inio our ￿lIding. MBnaB£tncnl of ihe8e events is undertokuj by our vctgcr, Mark Hod8in upon wh(xsc hrnl work end dcdiLthiion in w mathy ufpBri5h life w¢ depend and 10 whum we offer IK'urtfeli Ihank¥, Th¢ PCL 1$ gratcful to th¢ trus￿ ofthc Si Siephen'4 b.ndowrneiil'lnL818nd Sl Siephen's FlousL IGIuuL¢¥Ler Rdl l.td for Ihcir ¥upporf ofihe church, and lo th¢ Qld Possum'y lrnst for Ihcir conthbuljnn lowwds the C￿%1 of music. Withoul thrir SUPPDrt ￿'d b¢ unabl¢ 10 function ill the way th￿ w¢ do, Hnd we hu8cly uppiecial¢ Ih¢iT ¢ffvn% on nur bchalr. ThE church continuu w work hard ￿ cotnmuniralin8 our gwd news, with a WeEkly cmail yenl to suhscribcr5 pnd rC8u1￿ wi¢ of Social mtdii hHnrrfl& and our websi￿. It's Strikirt8 It￿¢ th8Jmcly of Lommunic81￿n cuntinuc lo bcar ItuiL particularly QL l¢silv￿5 for'fjpecial cv¢nis' The quiei faithfulness of mu¢h of K)ur lifc li¢5 bL'hind the ￿tOU]Its ￿ dcTails Ihai make up this rcwL'. wcddings. bw41sms. daily worship, p￿10[￿1 raTe. prcLGhin8 and l¢achin& wel¢om¢ #nd huspitHlilyb carc aiienti(m. In 8u¢h ways we bdi¢v¢ tiod'b kin¥dom BTOWS. and we ¥re profoundly gra*ful to all who coniributc to that work Ht Sl Stephen's, Glouc￿t¢T Rolld.

ST s'rvpiiTr:N'S FCC Annull Reporiofihe Piro¢hlAI Cbunh Counell ((.'ontinutdl or the YtAr tndtd 31 Dtttmber 20LS Financi￿ Review tec¢ipts on Ordin￿ unT¢5rri¢t¢d gnd r¢srcted funds aTe £322,192 12024 . £300,421} expendiiur¢ is £304,74012024. £285,371). This incl¥de5 a leBw Df £20.000 10 h¢ used w s¢1 up an ¢ndowmenl fund. the inromc Irom which will b¢ used ￿ CODiribulc Lo thc provision of flowcT8 in ¢hur¢h throughout Ihc ycar., this will b¢ 8 ￿St￿(l¢d hmd WithDuL thi5 le￿LY the PCC madc a sm8Jl ioss E2.549. In 2025 plant 8]Vill8 WU5 £13,32012024- £12,558), ￿lhoUgh siewBrdship numbers 3re f￿11￿￿. IAx)se collection tnonBy h$ remained %imJlar 10 th¢ P￿vIouS ycar £6.292 12024 - £6.2791, bul donoiithns using thc ncw cud rcad¢r device hav¢ si8niliwily Intr￿¢d £6,89612024 - £3.7211. which had been ¢x￿¢t¢d Donolions and apped5 amuunted w ￿,12512024- £8.2061 W¢ also r￿e1ved K l¢8xy from the e$￿¢¢ ofmr John Fras¢r £500 and as meniioned a Ic8aLy for an endowment fund from Mr Anihony Gardncr. Incom¢ Irom hiTill8 out the ChuTch land Hdll for ¢thn¢erts and rehe¥Jsg1s conlinucs io Improv¢. al £60.72612024-154,5801, art'home, io a number of ¢hoJrs orrh¢$m Ihe PCC u)niinues 10 bencfil from generow grall￿ from two In￿ ￿50￿lIted with the ¢hurLh, ￿ well a 8rant supportin8 th¢ mu51¢ frorn thr Old I'osyu Prnctiogl'l'ruyl. lThe gromi from SSHfjR l.ld compiise& thre¢ clcmcni8 il an thinistraiioD fcc for ￿rvicES provided by Si SL'phLm'S PCC 10 SSIIOR Lld, this was £30.10012024. f29,7001. ill a ￿neral 5UPPQrt yuni to mainiain the worship ￿ 8 SILyhcn'5, this £117,(K)0 {2024 £105.0(Xll end iii) a wi for building woik at ihc Church. Aft¢r undertaking a ftlltnber ol. ywifitani building PToj¢ots in thc Iqsi f¢w ycBrs. the IJCC now S￿$s1n8 the feasibility of funw¢ works, and IN 2025 did noi undertakc any such worky. Th¢ PCC w&4 Dbl¢ ￿ T￿1￿1￿ lux fram HMRC £7,611 l£h.143 in 20241 under the Clift Aid Schcmc lor voluntary donBiiun5 The main iitm tsf I>cc exT￿nditur¢ con1inu￿ to ￿ our onlribuiion to lh¢ Diocesan CottutLUD Fund which Incre￿¢d ID 2025 10 E99.9801£91.3(X) in 20241 Ihis will coniinue to be 4 significpnt C05t Boing forward E105.000 in 2026. 'the othu significant Iicms of ¢xp¥ndiiur¢ ar¢ Ihc c051 of running llnd maintsining Ihc I￿lIdin% £43,02¥ 1£48,263 In 20241., thc nct ¢n%i uf mu¥iL 415¢rvi¢t8 £55,3691£49,565 in 20241 iiaffin8 £33.522 I£30.7￿ in 2U241. In 2025 u￿r￿(ric0 funds e8ffied forward are £74,99b 1£77.545 In 20241. Rervu polky 11)e IJCC Jims lo h￿d a ￿5CrY< of &t £30,000 in UllTestri¢d fuThJ¥ iu covcr ¢mugcNy situtttivnj Ib￿ muy ari$¢ fr(m lime w iimL,. Thc I curf¢lli U￿r￿1r1e1ed r¢%¢r¥¢5 £74.996 IL77.54.1 in 20241. 'I'hc PLL 18 mindlul th41 th¢ surplus In rcscrvcs li)rwfyrd inio 2026. will enable minor wots lo bc und¥rtken ts) Ihc wnlribution iu wurship. In 2025 such funth eThdbl¢d thL rcpair ofm hislllri¥ ¢h￿￿bI 4nJ rcs1(>raiiun tsf lh¢ im4Be ot'ouf And slthili4utivn ul'lh¢ plinth on which the im88¢ ￿Hnd5. Approvtd hy Iht PC.'C. on 26 Aprll 2026 and ilined on their bEhAlf by th¢ Kcvd Phlllp BArnu ICh•lrmanl. Revd Pklllp 114rN¢4

ST STEPHEN'S PCC ANNUAL REPORT AND FJNAf4CIAL STATEMENTS FOR THg YEAR TO THF 31 DECEMBbR 2025 STATEMEwf ov TRVSTEES RESPONSIBILITIES Memlvs ofthe PCC 8rerequird by th¢ Chuwh Acc4)unun8 Regu￿10￿9 8nd the ChuiiiES Ad 2011 topr¢paT¢ acwunts for finqnri (i) $¢Jcth suitabk ercoun¢ing policie¥ and apply them ¢￿18[¢t￿]y. Ib} mÈk¢ judgunettts ond ¢5¢irn4t¢5 thHt Bre re8SOtubie ￿￿￿ttl.. 1¢) pr¢par¢ th¢ ￿up¢S on a go￿8 ¢on¢em b&sis unles& it 18 llh8ppropri8te tO&SSUthE that ￿chUrch will ¢￿tinUe ITh crthtion. lth¢ mEmkn of fv PCC fire rwsibk for ke4)ing prop¢r f¢¢QTdg whith dLJ¢knc with r¢asOnab￿ Dccuracy ￿ ony lime the rinan¢i81 posiiion ofthe Church. Ithcy ar¢ 41so for sar￿VErdIng the a5fiets of the Church &nd htnce tAkinB re45Dtt•bk lo prev￿ and tht¢￿ fraud oth¢r IT￿g￿laritics. Swed on bEhA Worth• PCC Mirk Hodgl S¢¢retry to Ibe PCC D•te 26 Aprll 2026

ST STEPHETr4'S PCC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THF. YEAR TOTHE31 DE(.'KMBLR2025 Indt ht Trust sofstStE htn's P(:C'. This report is &ua¢h¢d the aCC(K￿LI ofthe PCC foT the year enthd 31st De¢ember 2025 which yet un pge5 7 ￿ 12 and is in respett of an ¢xBminaiioN ¢arri¢d oul on the ￿roUnts undtr section 145(11 ofth¢ Charilicx Aci 2011. Thcsc 8iaiemeni8 comprise of the Statement of inancial Athi¥iii¢s. the Bal8￿ce Sh¢¢i and th¢ r¢lai¢d n￿¢5. This RepDrt i5 xulely lo the Tntslees ofthe Chiiy as a body. oxminer As m¢mb¢ry ofihe PCL you Hre respunsible for IhL preparation of the a[coL￿¢S in acwTduncr with tht requiremenis of the Chgxiiies Aci 201 I {'Ih¢ Act l and you Lons1￿cr that an audit 15 noi r¢quiT¢d for this prriod und¢r 8¢dion 144121 ofihe Charilies Ati 2011 (the Acii Ihai indq>endenl Lxeminaiion is needed. Re$ponslbllltie$ ￿11$ Of indep¢nd¢nt ¢ximin¢rfs r¢p¥rt My ¢x8min41ion w&% CaTrif th¢ ￿coun11￿8 Tccnrdl kept by the charity comparison of Ihe att4)unLI presertkd with those records. It ulyo includcs ¢￿siders110n of wiu8uBI it¢ms or di￿10￿ur¢y in the aGcounly. und &eekin8 ¥xplanatiOTkS from you 89 trus￿e eoncernin8 any such matters. 'lTht procedur￿ unthttsken th> noi pmvidt dll the Ihat would b¢ rcquircd in an lludit and Lor￿quEntIY no upinioTh Is Eiv¢n &$ 10 whth¢r Ihc a¢¢outtis present a'tnJ¢ and lair Vbcw the report 15 limiled to th(5se mattcrs J¢t th¢ $wLy￿￿t ￿lOW. lrydepend¢NI JtRlrmeNI In conneciion wlth ffly cx4minalion. I cortfimi thal tto mthterial m￿1￿$ hove conK ￿ my al￿nI￿n in co¢mecliM with my ex*min&tion ¥iving mc cw%¢ 10 h¢li¢v¢ Ih41 in mat¢riJl i£xpEd". atLouniin¥ TCCOTd5 were noi kept ui ￿￿P￿rI vfth¢ PLL &s rcquircd by scclion 130 of thc 2011 Ati.. or the i¢¢ouni% th> not ￿Urd wilh Ihosc a¢counling recowd8'. or Ihe oc¢ounis ¢Jo not comply with th# ypli4ubl¢ ￿¥V￿nI1￿8 ￿qUi￿¢￿tnIg conteminB Ihe tonn 8nd uJTrieni ul'aiLOilllls Uut in the ChariiiL¥ RcFornsI Rcgulpiions 21XI¥ (Akr Ihon uny r¢yuirrytrnl Ihd th¢ a¢touni8 8ive A'irue and flir vitw" which 14 not a considcrcd of ￿ indepenthni cxamindtion. I hllvc coThc<ms kthd havc com¢ acroii no oiher in conncclion %vith th¢ cxuminHtion lo which th1￿110n 5knuld b¢ drawtt in ihig r¥wrt in vrylLr to cnable &prupEI undLYylandin8 ofthe accourti% be rettLhed. CIwi51oph¢r Sal LhBrtered Acwunianl IICAF.WI Jnc Hubiney¥ Soluti(JrLs Limit¢J 24 UppcT Hall P￿k ￿erkh￿￿ted IIP4 2NP 26 April 2026

ST STLPHEN'S PCC STATEMLNT OF TrINANCIAL AC.TIVITIFS FOR THE VEAR EYDED JI DECKMBER 2025 2025 2024 Nfjl¢ Uhrtslritttd ResTiCt Fwnds Fund8 Totsl 2024 TotAI 2025 INCOMIIYG RKSOURCES 193,744 ,726 102 7,51Y 262,092 60.IOD 253.844 240.556 60,726 54.580 IU2 71 7.519 5.214 322,192 300,421 Activili￿ forfjrn¢riting Fund8 In¢utn¢ frotn In￿5V￿Cnt5. Incomc from Lhurch Activi¢ic¥ Tfjtsl Incornln8 rtSou￿tJ 2b Id 60,100 RLSQURCF.S FXPLNDLD ChurLh Arliviti¢S Cttsi ofcieiictHlin8 Fwid8 Piofcssu)n41 252,953 7,937 32,(KlO 8,IOD 284.953 265.39? 16,037 15.872 352 3.750 1.750 3fJ4,740 285,371 3b 3d 3,750 264.&10 Tot•1 reNbureei tApeod•d 40.1 N¢t lrtromlnKIIDutRolng) rtsoMrte¥ 2,549.1 20,(KM). 17,451. 15,050. Mow¢ment Fund tor ib¢ p¢rltyl 2.549.) 2U.O(K). 17.451. 15.050. TOTAL FIINDS BJiOUtiHT FORWARD 77,545 77.545 TOTAL FLNDS C.AKRIFD b'ORWARD 74.996 20.U(rf) Y4.996 77.545

ST STfr:PHFN'S PCC IIALANI:L SllbLT A T 31 DECEMBER 2025 Note 2025 U•reslrkltd Reslrkted Fund 2024 Totsl 2025 2024 C:IIRRV.NT ASSFTS s￿Ck DebioTS Cash ai bunk in hand 32.459 56,397 illl.X55 52,459 76,397 108.855 22.930 67,022 89,952 20,000 20.OUO CKLDITORS.. AMou￿tS t￿lIng due wiihm one year IlJ,8591 113,A591 {12.4061 NET CVRRENT ASSET511.VARII.ITIL$I I 74.996 20,000 94,996 77.545 IVIAL LLSJJ ) LIAblLII Ib CRF.TJITOKS.. urnuunis falling due after more than onc ye 11gnk loa IYLI A.2+VJ l UNDS OF THF I.'IIARI'I'Y lJnrtstriciEIl Fund% (Ict￿ Reylri£t¢d income FundB 74,996 74,996 2U,V(MI 94,990 77,543 20.00 'lThe%e linanc￿l $iwemen15 havi trf¢n pr¢pthred in #c￿rd￿¢¢ ￿1￿ Ihc pmvisions Oft￿ Slatcmcni ofRewmmended Prllclite, Accullniin8 8nd R¢portin8 by ChuriiiL¥ fR510212019). '1'h￿ financi&l 51&tcmeniy WL'f¢ 4)proved by th¢ Parnchid Lhurch COU￿11 •nd ￿ $iBntd and auihNised for isyue on Ihcir bchdf by.. Revd Phlllp Birnti Lh*lrmA Dote 26 Aprll 2026

ST STbPHEN'S PC.C NOTES TO THE Fif4ANCIAL STATEMEf¥TS For the yttrend￿ 31 Dtttmber 2025 11 ACCOUNTING POLICI&JI BASIS OF ACCOUNTifiG The financi￿ 51ai¢ment5 have Fen prcpurvd undw hisloric41 ¢osl Con￿ntIon and sn a¢tord)ce with Ihe Church Attounting R¢gul81ion$, and opplicabk attnuniin¥ ¥lundatds ih£ staten￿lI of Recomtll¢nd¢d Prathice, Aceouniing 8nd Rewrtitjg by ChaTIIi¢512019} FUNDS Get￿ funds iepr¢5¢nt the funds of thc PCC Ere not Subject lo rEstrictions T¢garding thcir u8e Bnd ate aV&lab￿ eppli¢•tson on 8¢ncral puryoscs ol'thc PCL. These include funds {ksi8T￿ttd f(K p￿icUlar purposes by th¢ PCC. The purp)% of ￿Y ffsuicted lunds is noi¢d ￿ the aLCOUtts. Th¢ accounts Include Iransailiony, &%S¢L8 li8bilti¢s for which ihc PCL ean be held responsible. Thty do nul iulud¢ thc arrpunts of ChuT¢h Grollpy thai tswtt an arrililltion th 8nothcr body nor those that are infornirtl ¥alheTinBS of Chuith ￿¢mb¢r$. IYCOML POLIC.Y volunt￿ income includitiB don&ion$ and gr￿ts uwe rec(YWbised wkre is entitl￿￿1, G¢rthinly of r¥c¢ipt Hnd ojnwii cm be me&qutEd with sufficicnl rcliability. Arnounl¥ re￿1vable under covenani ¥re r￿ts￿ts¢d only wh¢ll IM)now¢d by iht CO￿n￿n￿r. In¢oming texources from rBclaim8 for Gift Aid arL' included th thc SOFA Wh¢￿ there is eniiilcmen( ccltainiy of ttceipi the can bc mca5wcd with yufflcieni reliabilily. Gwii% Hnd k8dCK% are I￿oUnt¢￿ for #s the PCC is Mlifjed 0filS ¢niiilem¢nl Hnd the likely ￿lount due. l.'unds raised by feylivuls Jnd simjlllr #velli.i aco)untcd gru5￿. of b(x)k$ tnd m%yzinc% from Church bnDk$iallR are Accout)tsd fur Brths. Other ordlttry ltt¢tym¢ Rcntei inLome from l¢llin8of Church pr¢mi￿9 i¥ uccvund for when reccivLd. PvxocbI￿ fK5 due to the PLL Ibr weddin85, fun¢ralJ ci¢ ¥re ￿Oun￿d for on Bn ¢veni by eveni b￿J%. l#v¢ilm¢Thl Jllcomt Dividcnilg and Intere￿ are g¢tr)und forwhcn du¢. rccovernble on 8u¢h in¢omr i¥ fwon th¢ sam¢ ba5iS. RLSOIIRCES LXPENDF.D Lxpendilut¢ iy y¢W￿)IS¢￿ lin an gceru41¥ b￿1% L4 0 li&bblily is illturned. Choniable expthdiiurt Compri%￿ Ih05c royL8 inLurr¢d by Ihc Choriiy in the deliv¢ry ofihc xl1vili￿ xrvi¢eJ for iii bcn¢f1ciari￿. li in¢]Ud￿ Ix)th cn8ts lh￿ wi be alloc￿ed dirc¢ily to yu¢h aLIiVilit8 Ind thos¢ of an Indi￿¢1 naiurc ncccs8Bry to suiisx>rt them AII COSL% thre ￿]￿¢9￿d b¢1w￿ the expcndiiU￿ cHgorie% of the ol'l,illgn¢id Aclivilics on ll bD3is dui8ned ￿ reflt¢t Ihe of the re80ur¢¢. C0515 r¢lalin8 to a plrtiLk￿0r Xiiviiy arw. alloc￿L￿ dir¥¢dy, oth¢Tr ￿]0¢1t¢d on on Brwopriat¢ basis. ACCOUNTif4c. bfJR GRAlTS AliD DONATIONS GrMiy •nd Lkndiions a¢cotsnied for wh¢tt the pl￿nt ha5 been mr4Jc or aUth￿ISed ond due for poym¢ni. Co&tJ dlretlly rtl*ltd to the work of the c.hurch Th¥ DioLesan quola is ac¢4)unied for whco pdyable and kmy unp8id ai 31 [k￿rnb￿ 202J 18 shown &8 8 Cr￿]110[ in the Shea.

ST STEPHEN'S PCC NOTES TO THE FINANCIAL STATEMENTS For tht ye4r tThdtd JI tkcember 202S IC0iimuedl FIXED ASSETS C'.oos¢¢r•ted IAnd 4nd buildiDEs ind ryov•bk Churth Consemtrd and ben¢fiG￿ proF¢rty i5 ¢xduded fTOm the aLLX)unts by 5 96(2Xcl ofihe Chariiies Aci 1993. No vaiuc is pla￿5 on tswvabl¢ ChwGh furnishin8y hcld by th¢ Churchw￿{￿5 Spec￿ knjsl fur the PCC Hnd which requw¢ a faculty for d15pvsuI sinu thr PCC iunslders this 10 b¢ in￿1¢￿#bI¢ prop¢rty. All ¢xp¢ndilur¢ incurred duringlhc yearon consecrated or bencficed buildin85 mvBbk Curth hmJt9hthg8, whthtymainTh￿cc w improvern¢nl. is wwitt¢n off. CURRKNT ASSETS Amount5. owing lo thc PCC in respeci orrtts, rents oroiher in¢¢>m¢ shown 98 debiorl kss Hny PTovi$ion for llrnoun15 thot rnNy pro un￿¢0¥CrAb]C. FVNDS Unr¢5tri¢trd finds avhil4bl¢ use At the di5£r¥lionufih¢ mLynb¢rs ofthc PLL in furtherance of the general obJe￿iv¢S of thc ch¥ity. Rc8tri¢thd funds are 8ubjecd 10 Te5triclions on Ihcir cxpcndilurc imwsed by the donur and 8e8ft8aied for usc for th￿ specifLC PUTrA>se. INCOMING RKSOIIR('.L+ Vuftdi Fund Tol•l 2021 2a) VOI,UNTARY INCOMW. l>lun￿d Giving 13,320 6,292 5,125 6,896 500 13,320 6,292 5.125 6.XY6 20.300 12,55 6,279 8,206 3,721 8.823 6.143 45.730 nondions gnd app¢1$ CIWD Lwcics '1&¥ T¢rover&blc 20.000 39.744 20.(￿0 39,744 Si s￿ph￿'s Lndowmeni'l'ru¥t¢ts 32,000 32,0(X) 3fi,(K)¢J Sr Slcphcn's Hou8¢ Administrative Swport 8uprM)n CJNI 22,(KlO 117,000 JQ,100 29,7(X) 117,000 105,000 9,126 179.100 17Y.826 139,(M)O 4U.I(X) Old p0￿U￿"1'￿t Is,￿0 15.000 15.OLMJ TOTAI, VOI.IINI'ARV If4COML 193,744 60,100 233,844 240,556 io

ST STF.PIIEN'S PCC. NOTES TU THF. FINANCIAL STATEMEliTS For th¢ year endtd 31 Dtc¢mber 2025 (Continued) Fu￿ TotAI 2025 2024 2bl ACI'IVITIES b()R GLNklL4TING FUliDS Chur¢h & Hail Ltltings TOTAI. 60.726 60,n6 60,726 60,726 54,580 2¢) INCOME TrROM JNVES'IMLIYTS Bank TnteT¢sI 102 102 102 102 TOTAI. 71 ldl INCOMF FROM CIIURC.H ACTIVITIES ma￿￿1n¢S. Elooks & Votive L9ndl¢s Liiur8iLd feL% Music Ineomc Uthtr Incum 1.920 5.4a6 IY3 7,519 1.920 5.406 193 7,519 ,95Q 1,264 5.214 TO'I'AI. TOTAL. INCOM 2fj1.1192 00.10 322,192 30n,421 2(I24 Total unres1r￿d lieitrltied Fwnd¥ Rfr:WIIRC.LS LXPTr'NDF.D CIIARITABI.F ACI'IVITILS I'otal 2025 21124 Jal C.-hurch Af livili¢J Diocesan Lommon l.'und Dioce%Jn l.Ilurgieal Fec ViLLfag¢ ¢XPtILSCS Ministry %upport O￿l¢C F.xpcny¢¥ Chor¢h I leaiin8 & l.i8hiin Churlh Mainlenjnw & RLwir Churrh Minur Works Chur¢h Dcvclopm¢ni WNks InsuronLe SaLri51y Musi Vergu'% Salary & F'tt8 Vcr8crf5 Fl41 F.xpen%s Ross Tr.8Crton e81llte Cjeneral I'"xpLnyc¥ Sub&'Lripknns & Charithlc (iiving F1rookW￿d C8lcrin8 ChriA I lllmiltsm Inyur￿¢¢ dain) ChBrgcs (Tr9.072 875 311.yo 99.980 91.300 ¥75 581 2,7114 6.392 17,628 8,522 11,522 14,077 9,530 14.077 9.530 11.490 Y.126 4.365 61,330 25.422 4,753 61.330 25.422 4,753 23.0(K) 4.409 3.264 3,737 4,664 8,125 819 3,144 4.004 8,125 819 3,144 819 2.7J2 67 252.953 67 284.953 265.397 32.(M)O Jb)CoJl ofGtKerAtlni Fynd> ChurLh FIRII l..xp¢n¥¢s PubliGity 5,378 2,559 7.937 8.100 13.478 13,242 2,559 2,6JO 16,037 15,872 8,100 3tlProfeuional be Ar¢hil¢¢i 351

ST STEPHENtS PCL NOTES TO THE FINANCIAL STATEMENTS For tb¢ yeirenotd Jl Dtcember1025 Coniinutd) 3d) GovtrniDte Costs 1￿Jep￿ndL'￿¢ L'xaminer 3,750 3.750 3,750 3,750 3,750 3.750 Vireitrftled Ru¢rtrted FuAdi Funds T•¢1 2024 Tolal 202S 4) STAFF COSIS Way¢5 & 5alwi¢s Empioyus Nl 25,422 ¥,100 33.522 30.700 Z3.422 8,100 33,522 30,7L)O ILTillK the yctrtht PCL cttwloyed 2 members ol'sthff sfjlqry l¢&1 thun £40.000 p,1. IlTrrtgtrkl¢d Rmtrictod Funds Fundg T•tg1 2023 SI DWHTORS Totsl 2024 Ou18tsndin8 hire invoices IIMRC Gift Aid R055 L8Crton e&laie P￿p&yr￿CllL$ in iCYPLrl ofcopyri8hi fet8 and uiilitie5 13.616 7,611 8,696 2,536 32,459 Ilnre¥trkt¢d R¢¥tri¢l¢d 'undi 13.616 5,554 6,143 1.696 2,536 22.93U 8.696 2,536 32.459 'J'DtAI 2023 61 C.IiLDI'I'ORS Tolll 2024 Al¢N￿S for fe4¥ Cred)ior5 I)￿L¢S¢ ofi.ondon tkrc)Ted income Charitsble Giving 3.730 1,859 875 5,500 1,%75 3,750 1,¥59 875 5,500 1.875 13,859 3,750 1.265 5.5(X) 12,406 71 Rk&TRirfiD bUNDS Al 1¢ 01 J•n 23 Rtttlp Plyments 'rrnnifer¥ Der 25 S Si¢ph¢n$ F.ttdowmeni'l'nLit lThc Anthnny G￿rdn￿l & Mith*l Becker blower Trund S Stephen5 Hot 32.oorj 20.000 8,100 60,1(H) 132,0(Xl} 20,LI 8,1 40,1 20.0(X) IINRLS'I'HICTF.D FUN￿ 77,545 262,092 1264.0401 74.996 TOTAL TrUNDS 77.545 322,192 JQ4.74Q 94,996 8}AYALY8ISOFNET A%SLTS BY bUND Fund Fund Totwl 2125 2024 Current Ctedit(Yy within onc yeBr 88,855 20,0(K) 1011,155 13,8.59 94,996 89,951 12,4()6 77,545 20.000