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← The Parochial Church Council Of The Ecclesiastical Parish Of St James, Enfield Highway

2025-12-31-accounts

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2025 Report and Accounts for the Parochial Church Council of the Ecclesiastical Parish of St James with St Barnabas, Enfield Highway and Brimsdown

Aims and purposes. St James’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend lan Gallagher, in promoting within the ecclesiastical parish, which encompasses the localities of Enfield Highway and Brimsdown in the north-east of the London Borough of Enfield, the whole mission of the Church—pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of two buildings:

e The parish church building in Hertford Road, Enfield EN3 SAX, and e St Barnabas Church Hall, 165 Addison Road, Enfield EN3 SLE. Objectives and Activities. The PCC is committed to enabling as many people as possible to worship at our church and to become part of the parish community at St James’s. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups and schools within our parish. Our services and worship put faith into practice through prayer, scripture, teaching, preaching, music and sacrament.

When planning our activities for the year, we have considered the Commission’s guidance on public benefit and particularly the supplementary guidance on charities for the advancement of religion. We strive to enable ordinary people to live out their faith as part of our parish community through:

Achievements and Performance. This year, we developed a new Mission Strategy based on the Five Marks of Mission and the Diocese of London 2030 Vision. The five marks are

  1. Tell—To proclaim the Good News of the Kingdom,

  2. Teach —To teach, baptise and nurture new followers, moving to confirmation

  3. Tend-—To respond to human need by loving others

  4. Transform -—To seek to transform society, to challenge violence of every kind, and to pursue peace and reconciliation.

  5. Treasure — To strive to safeguard the integrity of creation and sustain and renew the life of the earth.

The Ecclesiastical Parish of St James with St Barnabas, Enfield | Reg. Charity 1132582 CHURCH OF ENGLAND - DIOCESE OF LONDON - EDMONTON EPISCOPAL AREA POSTAL ADDRESS St James's Vicarage | 144 Hertford Road | Enfield, Middx EN3 5AY OFFICE 020 8804 3823 | EMAIL administrator@stiameschurch.cc | WEB stjameschurch.cc

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We set three ambitions

A. Confident disciples B. Compassionate communities C. Creative growth

We had sessions with the Parochial Church Council/Trustees and two successful Mission Sundays involving all of our church congregation, and we will continue to build on the commitment achieved from them. We examined what we had achieved and identified new activities.

From this several new groups have commenced including the relaunch of Mother’s Union, Friends of the Churchyard, Sunset Champions and a History Group, in addition to existing groups. Additional ideas are being formulated such as the launch of a Hygiene Bank.

We have defined four priority areas - Growing younger, safer church, more racially just and property resources. We have established where we are, where we want to be and what we need to get there.

Work is in its infancy but we have now established a plan and framework to build on in 2026 and beyond, as we continue to work and pray together to develop these fresh ideas, together rebuilding God’s Kingdom in our patch of Enfield.

Also in 2025, our Over 50’s Fellowship Group continued to hold a full programme of activities during the year and they continue to go from strength to strength, providing ongoing fellowship and support. Our Junior Church, relaunched last year, now meet weekly in term time. We were able to welcome many schools into church for Christmas programmes, in addition to school classes to enrich children’s engagement with their schools’ religious education curriculum. We provide representatives on the Governing Bodies at both St James Primary School and Bishop Stopford’s Secondary School. Our free Saturday coffee morning in church, providing fellowship throughout the year, also continued. Throughout 2025 we continued to offer a monthly programme of community events both at the parish church and at the vicarage, including free Family Fun Days for local children and their families during school holidays and various food based events, including a Soup Evening, a Garden Party, a Barbecue and a Harvest Supper.

Worship, Prayer and Nurture. We limit the use of written or printed material. We have a particularly good audio-visual system that enables orders of service to be on LED screens throughout the church. In addition to the work of our Ministry Team, things were made possible by many volunteers, including those who manage the audio-visual, the Sidespeople (particularly in their role as deputies of the churchwardens) those on our tea and coffee rota and the cleaning team. Important Christmas and New Year’s Eve services were held, plus a full programme of services every day in Holy Week between Palm Sunday and Easter. Many services continued to be live streamed to enable those not yet ready or able to return to continue their worship online. We have a period of fellowship at the end of services with refreshments. Our two Bible Study groups and some regular weekday services, such as morning prayer and compline, were held online via Zoom throughout the year, and also continued in part in person.

We enjoy our worship and fellowship together in our wonderful church building, we are greatly blessed and grateful for all that has been made possible.

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All are welcome to attend our regular services, whether in church or online and we have been blessed by the presence of people around the world via our Zoom and Facebook links.

At present there are 126 parishioners on the Church Electoral Roll: a decrease of 17 on 2024.

The average weekly Sunday attendance, counted during October, was 81, among them 69 adults and 10 children in church, plus an average of 2 adults and no children joining us live online, whether interactively on Zoom or via our live stream on the parish’s Facebook page. Our midweek communion service had an average attendance in October of 6 adults. In addition, the live-streamed and online prayer services had an average weekly attendance in October of 8 adults and no children.

As well as our regular services, we enable our community to celebrate and thank God for the gift of life, in marriage, public vows are exchanged with God’s blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God’s keeping.

We were able to hold 2 baptisms and 13 funerals in our church and our clergy presided at 3 additional funerals at the Enfield Crematorium during the year.

Learning about God, the church, and the Christian faith takes place in several ways, and new ways for this important work are regularly considered.

Maintaining the Church Fabric and Facilities. We ensured the important maintenance activities, like fire extinguishers, smoke alarms, lightning conductors, drain clearance and organ tuning were undertaken during the year. We have a new control system installed for our heating system, enabling more effective and less time-consuming management, contributing to a more effective use of gas and reducing costs.

We have several items to complete to ensure we can continue to maintain our magnificent building and we have commenced work on the replacement of the church roofs. We are also investigating the introduction of solar panels, with the new roofs, to help towards Net Zero and to reduce ongoing costs.

Also, full implementation of all recommendations is still to be completed following a professionally undertaken and comprehensive fire safety assessment.

Deanery Synod. In addition to our clergy, two members of the PCC sit on the synod for Enfield Deanery. This provides the PCC with an important link between the parish and the wider structures of the church. Matters raised and discussed at the deanery synod are shared and considered with the PCC.

St Barnabas Hall. The PCC feels it is important to provide opportunities for our parishioners to be involved with local groups and we maintain St Barnabas Hall to a high standard to ensure this can happen, including health and safety requirements. The hall was fully re-decorated in 2024 and new lighting was installed throughout.

The hall is usually well used, seven days a week and includes a variety of activities including Brownies, irish Dancing, Keep Fit, Playgroup, Pilates and Religious Meetings.

Pastoral Care is a vital part of the spiritual work of the church, to be with those in need or suffering in spirit, mind or body. St James’s strives to be there for others in several ways:

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At St James’s we are blessed with a number of individuals with many years of experience in pastoral care and we are grateful for the important work they do. Whena lot of activity had to be curtailed, every possible effort was maintained to be there for people as and when necessary and regular contact was made with all members of the congregation.

Mission and Evangelism. Helping those in need is a demonstration of our faith.

With ongoing large increases in utility bills, we were unable to do all that we would have liked to do in 2025, but support was given to:

Our parish newsletter The Highway Weekly is sent out each Saturday to 199 individuals and households in our parish and beyond (an increase of 1 from 198 subscribers from 2024). In addition, people had access to the newsletter through links on the parish’s Twitter feed and Facebook page, as well as from the parish website, though numbers accessing are unknown. The newsletter also contains links to the parish’s Zoom online services, Facebook page and Twitter feed. These keep everyone informed about important matters affecting our Church, give insight into the scripture lessons for the week, provide points for prayer and reflection based on the readings, detail worship services and events, offer prayers for the sick and others, remember those entering the larger life with God and they have articles from within the parish, diocese and beyond. Our other large window to the larger community is our church website (www.stjameschurch.cc), as well as our page on the Church of England’s parish search portal (www.achurchnearyou.com/church/15623/).

Ecumenical and Interfaith Relationships. In past year’s relationships with other local churches have been developed and deepened and we also enjoy closer links with Covenant City Church, part of the Church of Pentecost UK’s Archway District, which had been holding regular Sunday afternoon worship in our church building.

Together with our neighbouring Anglican parishes to our immediate north (St George Freezywater and Sts Peter & Paul Enfield Lock), as well as local Baptist, Methodist and United Reformed congregations, plus an independent evangelical church in Enfield Wash, bonds have been formed and will continue to strengthen when possible.

In interfaith matters, we have been exploring links with the Muslim community in EN3; the largest group of non-Christians in our immediate area are Muslims (ethnically largely Turkish and Turkish Cypriot, with a smaller contingent of Kurds and Somalis), and the Jalalia Jamme Masjeed (Enfield Mosque), the largest

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centre of Muslim worship in this part of North London, lies just south of the parish boundaries in Ponders End. St James’s is keen to forge ties so that we may work together in serving the wider community for the common good. Evidence of this co-operation was involvement of imams and laypeople from the Muslim community in providing free meals to local families during school holidays.

Financial Review. Total receipts on unrestricted funds were £60,358 at St James’s Church, of which £43,273 was unrestricted voluntary donations and a further £8,679 was from Gift Aid. St Barnabas Hall had a gross income of £31,183.

Planned giving through envelopes and standing orders was down on 2024, There was an increase in loose plate collections, funeral and wedding collections and donations were down, contactless and online donations increased, and there wasa significant decrease in investment income.

Total income, restricted and unrestricted including tax recovered, fees and invested income decreased by 22.1% on 2024. A grant of £8,341 was received from St James’s Trust to support parish administration costs.

Savings were made where possible and £84,171 was spent from unrestricted funds to provide the Christian ministry from St James’s Church, including the £56,400 contribution to the diocesan parish share which is largely used to provide stipends, training and housing for the clergy. Although helped by reduced usage, where possible, heating and lighting charges only decreased by £562 during the year.

The net result for the year, on unrestricted funds, was an excess of payments over receipts of £23,813. Adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward on 31%* December on unrestricted funds totalled £64,317 down from £79,789 in 2024.

Reserves policy. It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least twelve months unrestricted payments. The cash balance held on unrestricted funds at year’s end did not meet this target and stood at 76%. It is the PCC’s intention to increase this level of reserves. In addition, the PCC has established two Fabric restricted funds.

The first is for St James’s Church and as well as for unplanned major building requirements; it is being built up in preparation for the substantial anticipated costs for the replacement of the church roof. The fund stood at £148,103 on 31% December. It is our policy currently to invest the balances for this fund primarily with the CCLA Church of England Deposit Fund.

The second is for St Barnabas Hall, for unplanned major building requirements or major maintenance requirements. This fund is currently set at £85,000. It is our policy to maintain the investments for this fund at £35,000 in each of the CCLA Global Equity and Property Fund Shares and £15,000 in M&G Charifund Shares. Volunteers. We would like to thank all our volunteers who work so hard to maintain our church as far as possible as the lively and vibrant community it is. There is a huge amount of support and time given willingly in countless ways and our work and worship together is enhanced by all that they do.

Structure, governance and management. The method of appointment of PCC members is set out in the Church Representation Rules of the Church of England. At St James’s the membership of the PCC consists of our vicar, licensed lay reader, churchwardens, synod representatives and others elected by the members of the congregation who are on the electoral roll of the church. All those who attend our

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services (members of the congregation) are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. In compliance with diocesan guidelines and necessary legislation, the PCC appoints officers for Safeguarding, Health & Safety, and Data Protection.

The full PCC usually meets six times during the year and the Standing Committee of the PCC also meets in intervening periods. Given its responsibilities the PCC has established an ongoing Finance and Fabric Committee and other committees for particular matters as and when they arise. These committees are all responsible to the PCC and report back to it regularly regarding their activities and proposals. These are fully discussed by the PCC, as necessary.

Administrative information. St James’s Church is situated in the Hertford Road in Enfield Highway; the Ecclesiastical Parish of St James with St Barnabas comprises the localities of Enfield Highway and Brimsdown, plus portions of Enfield Wash and Ponders End, and largely within the Carterhatch and Brimsdown wards of the London Borough of Enfield. The church and parish are part of the Edmonton Episcopal Area of the Diocese of London within the Church of England. The correspondence address is St James's Vicarage, 144 Hertford Road, Enfield, Middlesex EN3 5AY. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a registered charity number 1132582.

PCC members who have served at any time from 1% January 2025 until the date this report was approved are:

Ex officio members:

Elected members:

Approved by the PCC on 3" February 2026 and signed on their behalf by Derek Woodward (PCC Vice Chairman)

Z| CHARITY COMMISSION | Independent examiner's report on the 4, FOR ENGLAND AND WALES accounts

Section A

independent Examiner’s Report

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Report|to the trustees/|St|James’s|Church|Enfield|Highway|Parochial|Church|Council| |members|of| |On|accounts|for the year|| 31%t|December 2025|Charity|no|||1132582| |ended|(if any)| |||report|to|the|trustees|on|my|examination|of the|accounts|of the|above| |charity|(“the|Trust’)|for the|year ended|31°|December|2020.| |Responsibilities|and|As|the|charity's|trustees,|you|are|responsible|for the|preparation|of the| |basis|of report|accounts|in|accordance|with|the|requirements|of the|Charities|Act|2011| |(“the|Act’).| |||report|in|respect|of my|examination|of|the|Trust's|accounts|carried|out| |under|section|145|of the|2011|Act|and|in|carrying|out|my|examination,||| |have|followed|all|the|applicable|Directions|given|by|the|Charity|Commission| |under|section|145(5)(b)|of the|Act.| |Independent|[The-sharity’s-gross|income-exceeded|£250,000-and_tam-qualified|to| |examiner's|statement| |applicableisted-bedy]].|Delete|[|]|if not applicable.| |||have|completed|my|examination.|||confirm|that|no|material|matters|have| |come|to my|attention|in|connection|with|the|examination|(etherthan-+that| |disclosed-_below|*)|which|gives|me|cause|to|believe|that|in,|any|material| |respect:| |e|the|accounting|records|were|not|kept|in|accordance|with|section|130| |of the|Charities|Act;|or| |e|the|accounts|did|not|accord|with|the|accounting|records;|or| |e|the|accounts|did|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.|

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| 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. * Please delete the words in the brackets if they do not apply. Name: | Mrs Maureen Jeffery Relevant professional qualification(s) or body (if any):

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ee
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IER

1

Oct 2018

Address: | 10 Dale View Crescent

Chingford London

E4 6PQ

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose.

IER

2

Oct 2018

a> St) eI EEnfield Highway ames“— + Brimsdown

ST.JAMES PARISH CHURCH

ENFIELD HIGHWAY

STATEMENT OF FINANCIAL ACTIVITIES, BALANCE SHEETAS AT 31st DECEMBER 2025

&

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2025

These accounts were approved by the Trustees on 3rd February 2026 and signed on the Trustee's behalf by:-

NU See Keith Harvey LLM pp. Rev lan Gallagher (Chairman) Qu)Npriewsseesersersssessnanassesseees Derek Woodward (Treasurer)

snl DM) rs Maureen Jeffery Independent Examiner) amd Ae Merely... 292 Date

Page 1

ST.JAMES CHURCH - ENFIELD HIGHWAY

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31st DECEMBER 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |ST JAMES CHURCH| |Unrestricted|Restricted| |Notes|Funds|Funds|2025|2024| |Incoming|Resources| |Incoming|resources|from|donors|la|£51,952.40|£0.00|£51,952.40|54643,20| |Income|from|other|activities|ib|£3,149.75|£56,929.34|£60,079.09|34159.91| |Total|Incoming|Resources|£55,102.15|£56,929.34|£112,031.49|88803.11| |Less:|Resources|Used| |Activities|directly|relating to|the| |work of the|Church|2a|£62,884.04|£10,815.32|£73,699.36|55467.61| |Missionary|Grants|2b|£0.00|£4,659.03|£4,659.03|2530.45| |Church|Management & Administration|2c|£21,286.76|£26,228.75|£47,515.51|30611.75| |Total|Resources|Used|£84,170.80|£41,703.10|£125,873.90|88609.81| |Net|Incoming|Resources|St James|-£29,068.65|£15,226.24|-£13,842.41|193.30| |Income from|investment &|deposits|ic|£5,255.35|£23,688.51|£28,943.86|30127.74| |ST|BARNABAS|HALL| |Total|Incoming|Resources|- St|Barnabas|1d|£23,210.75|£0.00|£23,210.75|23821.00| |Less:|Resources|Used| |Total|Resources|Used|- St Barnabas|2d|£7,316.11|£0.00|£7,316.11|11893.92| |Net|Incoming|Resources|St|Barnabas|£15,894.64|£0.00|£15,894.64|11927.08| |Income from|investment &|deposits|le|£7,972.29|£0.00|£7,972.29|7189.25| |NET|INCOMING|RESOURCES(st|James|&|St Barnabas)|£53.63|£38,914.75|£38,968.38|49437.37|

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Page 2

ST.JAMES CHURCH - ENFIELD HIGHWAY BALANCE SHEET AS AT 31st DECEMBER 2025 Notes 2025 2024

FIXED ASSETS

St Barnabas Insurance Value 3 £405,984.00 £391,495.00 £405,984.00 391495.00

CURRENT ASSET 4/5

St James Trust Fund & Investment Shares

Cash in CBF CBF Investment Fund-St James James Trust Fund St James Trust James Trust Trust Investment accounts

Cash in CBF CBF Investment Fund-St James James Trust Fund £67,644.10 £59,106.78 St James Trust James Trust Trust Investment accounts £225,000.00 £225,000.00 £292,644.10 £284,106.78 St James Church* Cash at Bank and in Hand St James £7,311.05 £15,606.90 Cash in CBF Deposit Fund - St James £79,765.90 £101,350.37 St James investment accounts £80,000.00 £80,000.00 * — £167,076.95 £196,957.27 St James Church Fabric Fund Cash at Bank and in Hand St James Fabric Fund £3,931.70 £2,109.88 Cash in CBF Deposit Fund - St James Fabric £144,170.85 £109,548.22 £148,102.55 £111,658.10 St James James Church CBF Fixed Investment Shares Medcalfe Bequest Endowment Funds £67,194.57 £65,691.00

St James James Church CBF Fixed Investment Shares

Medcalfe Bequest Endowment Funds 2906 CBF Investment Fund shares Memorial Fund 312 CBF Investment Fund shares

£7,257.84 £7,257.84 £74,452.41 £72,948.84

St Barnabas Hall

Cash at Bank and in Hand St Barnabas £11,706.86 £14,529.59 Cash in CBF Deposit Fund - St Barnabas £83,129.76 £56,440.10 Barnabas Investment Account £85,000.00 £85,000.00 £179,836.62 £155,969.69 NET CURRENT ASSETS £862,112.63 821640.68 NET ASSETS £1,268,096.63 1213135.68 FUNDS Restricted Capital B/fwd £1,213,135.68 1151356.32 St.James Net Incoming Resources -£13,842.41 193.30 Interest - Investments and Deposits St James £28,943.86 30127.74 Revaluation of CBF Investment shares £1,503.57 204,99 St.Barnabas - Net Incoming Resources £15,894.64 11927.08 Interest - Investments and Deposits St Barnabas £7,972.29 7189.25 Revaluation of St.Barnabas Hall £14,489.00 12137.00 £1,268,096.63 1213135.68 * Breakdown of St James Church Restricted Funds AV System £4,675.56 Rear of Church Improvements £2,374.23 Legacy Development Fund £52,767.41 Choir Fund £766.68 Refreshments £2,722.06 Special Collections £363.23 Mission Fund £20,818.58 Vicarage Fund £2,000.00 Wedding & Funerals Deposits and LDF Fees £50.00 Weddings & Funerals Flowers, Verger & Music -£80.00 Memorial Fund (Including Brockhurst & Medcalfe Trusts) £23,560.21 Total Restricted Funds £110,017.96 St James Church Unrestricted Funds £64,316.83 St James Church Total Funds £174,334.79

Page 3

ST.JAMES CHURCH - ENFIELD HIGHWAY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|2024| |Funds|Funds|Funds| |1.|INCOMING|RESOURCES|-|ST JAMES CHURCH| |1(a)|Incoming|resources from|donors| |Planned|Giving|- Stewardship|£33,187.80|£0.00|£33,187.80|34753.02| |Income|Tax|Recoverable|-|Gift Aid|£8,678.76|£0.00|£8,678.76|10996.54| |Loose|Plate|Collections|and|Contactless|Donations|£8,640.30|£0.00|£8,640.30|6894.15| |Donations|£1,445.54|£0.00|£1,445,54|1749.49| |Special|Collections|£0.00|£0.00|£0.00|250.00| |£51,952.40|£0.00|£51,952.40|54643.20| |1(b)|Income from|other activities|-|St James| |Choir Fund|£0.00|£0.00|£0.00|8.80| |Memorial|Fund|£0.00|£0.00|£0.00|0.00| |AV System|£0.00|£618.70|£618.70|614.22| |Rear|of Church|Improvements|£0.00|£213.62|£213.62|346.03| |Devlopment Fund|£0.00|£3,040.88|£3,040.88|11826.52| |Refreshments|£0.00|£849.32|£849.32|198.19| |PCC|Fees|£2,434.00|£0.00|£2,434.00|2794.00| |LDF|Fees Wedding/Funeral|£0.00|£2,837.00|£2,837.00|2132.00| |Church|hire|£715.75|£0.00|£715.75|9050.00| |Fundraising for|Mission|£0.00|£672.00|£672.00|1439.90| |Fabric|Fund|£0.00|£47,547.82|£47,547.82|4650.25| |Fees for Wedding/Funerals|Flowers,|Verger & Music|£0.00|£1,150.00|£1,150.00|1100.00| |£3,149.75|£56,929.34|£60,079.09|34159.91| |1(c)|Income from|investments and|deposits|- St James| |Memorial|Fund|CBF|Investment|Fund|interest|£0.00|£2,187.56|£2,187.56|2019.29| |St James CBF|interest|£4,278.02|£0,00|£4,278.02|4930.18| |St James|CBF|Global|Equity|Interest|£431.95|£0.00|£431.95|448,84| |St James|CBF|Property|Fund|Interest|£545.38|£0.00|£545.38|569.85| |St James|Fabric|Fund|CBF|Interest|£0.00|£4,622.63|£4,622.63|5477.50| |St James Trust|CBF|Interest|£0.00|£2,604.17|£2,604.17|2769.52| |St James|Trust CBF|Global|Equity|Interest|£0.00|£4,337.97|£4,337.97|4276.40| |St James|Trust|CBF|Property|Fund|Interest|£0.00|£4,016.49|£4,016.49|3998.35| |St James Trust- M & G|interest|£0.00|£5,919.69|£5,919.69|5637.81| |£5,255.35|£23,688.51|£28, 943.86|30127.74| |Total|Incoming|Resources|-|St James|£60,357.50|£80,617.85|£140,975.35|118930.85| |1.|INCOMING|RESOURCES|-|ST|BARNABAS| |1(d)|Saint|Barnabas| |Regular/occasional|Hirers|£23,210.75|£0.00|£23,210.75|23821.00| |£23,210.75|£0.00|£23,210.75|23821.00| |1(e)|Income from|investments and deposits|-|Barnabas| |Barnabas|CBF|Interest|£2,710.58|£0.00|£2,710.58|2025.98| |Barnabas|CBF|Global|Equity|Interest|£2,002.30|£0.00|£2,002.30|1973.88| |Barnabas|CBF|Property|Fund|Interest|£1,976.78|£0.00|£1,976.78|1967.85| |Barnabas|- M & G|interest|£1,282.63|£0.00|£1,282.63|1221.54| |£7,972.29|£0.00|£7,972.29|7189.25| |Total|Incoming Resources Resources|-|St|Barnabas|£31,183.04|£0.00|£31,183.04|31010.25| |TOTAL INCOMING INCOMING|RESOURCES|£91,540.54|£80,617.85|£172,158.39|149941,10|

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Total Incoming Resources Resources - St Barnabas TOTAL INCOMING INCOMING RESOURCES

Page 4

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ST.JAMES CHURCH - ENFIELD HIGHWAY
FOR THE YEAR ENDED 3ist DECEMBER 2025
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|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total| |Funds|Funds|Funds|2024| |2.|RESOURCES|USED|-|ST JAMES| |2(a)|Activities|directly|relating to the work of the|Church| |Ministry|-|Diocesan Quota|-£56,400.00|-£56,400.00|51500,00| |Clergy|Expenses|-£336.23|-£336.23|456.05| |Accommodation|Costs|~£1,129.42|-£1,129.42|776.50| |Church|Repairs,|Maintenance|and|Equipment|-£2,385.87|-£2,385.87|608.11| |Memorial|Fund|£0.00|-£410.85|-£410.85|13.65| |AV System|-£1,527.48|~£1,527.48|289.99| |Rear|of Church|Improvements|-£7,919.63|-£7,919.63|0.00| |Music|Expenses|(Organ,|Choir,|Music,|Etc)|-£437,00|~£437.00|540.00| |Church|expenses|-£1,908.40|-£1,908.40|1093.57| |Stewardship|-£287.12|~£287.12|144,73| |Refreshments|-£957.36|-£957.36|45.01| |Sunday School|£0.00|£0.00|0.00| |-£62,884.04|-£10,815.32|-£73,699.36|55467.61| |2(b)|Missionary Grants| |Mission|Support|£0.00|£0.00|£0.00|119.50| |Home|Mission/vouchers|£0.00|-£4,659.03|-£4,659.03|2410.95| |£0.00|-£4,659.03|-£4,659.03|2530.45| |2(c)|Church|Management and|Administration| |Heating|-£3,405.95|£0.00|-£3,405,95|4723.28| |Electric|-£2,109.56|£0.00|-£2,109.56|4105.53| |Water|Rates|-£258.46|£0.00|-£258.46|217.95| |Telephone,|Internet, Website|-£2,060.76|£0.00|-£2,060.76|2067.82| |insurance|-£5,884,.97|£0.00|-£5,884,97|5692.96| |Parish Administration|-£7,435.56|£0.00|~£7,435,56|7028.24| |Printing,|Postage|and|Stationery|-£131.50|£0.00|~£131.50|279.97| |Fabric|Fund|£0.00|-£21,935.75|-£21,935.75|3540.00| |Weddings|-|flowers|£0.00|-£120.00|-£120.00|0.00| |Weddings|- Verger &|Bell|£0.00|-£530.00|-£530.00|360.00| |Weddings|-|music|£0.00|-£580.00|-£580.00|740.00| |LDF|Fees|£0.00|-£3,063.00|-£3,063.00|1856.00| |°£21,286.76|-£26,228.75|-£47,515.51|30611.75| |Total|Resources|Used|- St James|-£84,170.80|-£41,703.10|-£125,873.90|88609.81| |2.|Resources|Used|-|St|Barnabas| |2(d)|Barnabas|Upkeep &|Running|Expenses| |Water|Rates|-£1,074.15|£0,00|-£1,074.15|906.05| |Electric|-£1,002.52|£0.00|-£1,002.52|1253.01| |Gas and|Gas|Boiler|Contract|-£1,127.20|£0.00|-£1,127.20|1251.51| |Management|and|Cleaning|-£2,650.00|£0.00|-£2,650.00|2600.00| |Insurance|-£904.60|£0.00|-£904.60|877.69| |Cleaning|Materials|£221.54|£0.00|-£221.54|66.58| |Equipment &|Repairs &|Maintenance|-£336.10|£0.00|-£336.10|4939.08| |Major|Building Repairs & Maintenance|£0.00|£0.00|£0.00|0.00| |~£7,316.11|£0.00|~£7,316.11|11893.92| |TOTAL RESOURCES RESOURCES|USED|2£91,486.91|-£41,703.10|-£133.190.01|100503.73|

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TOTAL RESOURCES RESOURCES USED

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ST.JAMES CHURCH - ENFIELD HIGHWAY

ST.JAMES CHURCH - ENFIELD HIGHWAY ST.JAMES CHURCH - ENFIELD HIGHWAY ST.JAMES CHURCH - ENFIELD HIGHWAY ST.JAMES CHURCH - ENFIELD HIGHWAY
FORTHE YEAR ENDED 31st DECEMBER 2025
Unrestricted Restricted Total
Funds Funds Funds 2024
3. FIXEDASSETS
The Freehold ofSt Barnabas Hall is insured for: £405,984.00 £405,984.00 391,495.00
4. INVESTMENT
Investments with Central Board of Finance for St James Church
Medcalfe Bequest Endowment Funds 2906 CBF Investment Fund shares £67,194.57 £67,194.57 65,691.00
Memorial Fund 312 CBF Investment Fund shares £7,257.84 £7,257.84 7,257.84
£74,452.41 £74,452.41 72,948.84
5. ANALYSISOF NETASSETS BY FUND
StJames Church
Cash at Bank StJames Church £6,227.38 £6,227.38 15,330.28
Cash in Hand StJames Church £1,083.67 £1,083.67 276.62
Cash in CBF Deposit Fund - StJames Church £27,005.78 £52,760.12 £79,765.90 101,350.37
CBF Global Equity StJames £15,000.00 £25,000.00 £40,000.00 40,000.00
No. ofshares 19515.37valued£3.0359each as at31.12.25 (£59,247)
CBF Property Fund StJames £15,000.00 £25,000.00 £40,000.00 40,000.00
No. ofshares28661.10valued£1.2584 each asat31.12.25 (£35,067) _
£64,316.83 £102,760.12 £167,076.95 196,957.27
StJames Church Fabric Fund
Cash at Bank StJames Fabric Fund £3,826.93 £3,826.93 2,083.90
Cash in Hand StJames Fabric Fund £104.77 £104.77 25.98
Cash inCBF Deposit Fund -StJames Fabric Fund £144,170.85 £144,170.85 — 109,548.22
£148,102.55 £148,102.55 111,658.10
StJames Trust
Cash in CBF Deposit Fund - StJamesTrust £67,644.10 £67,644.10 59,106.78
CBF Property Fund StJamesTrust £75,000.00 £75,000.00 75,000.00
No. ofshares 60,489.26 valued£1.2584 each as at31.12.25 ( £76,120)
CBF Global Equity StJamesTrust £75,000.00 £75,000.00 75,000.00
No. ofshares55973.96 valued£3.0359each asat31.12.25 (£169,931)
M &G EquitiesinvestmentFundfor Charities(Charifund) -StJamesTrust £75,000.00 £75,000.00 75,000.00
No. ofshares6264.227valued£17.2961 each asat31.12.25 (£108,347)
£292,644.10 £292,644.10 284,106.78
St Barnabas
Cash at Bank St Barnabas £10,953.40 £10,953.40 14,126.53
Cash in Hand St Barnabas £753.46 £753.46 403.06
Cash in CBF Deposit Fund - St Barnabas £83,129.76 £83,129.76 56,440.10
CBF Global Equity - Barnabas Fabric Fund £35,000.00 £35,000.00 35,000.00
No. ofshares25,836.37valued£3.0359each as at31.12.25 (£78,437)
CBF PropertyFund - Barnabas Fabric Fund £35,000.00 £35,000.00 35,000.00
No. ofshares 29,770.71 valued£1.2584each as at31.12.25 (£37,463)
M&G EquitiesInvestmentFundfor Charities(Charifund) -Barnabas FabricFund £15,000.00 £15,000.00 15,000.00
No. ofshares1357.282 valued£17.2961 each asat31.12.25 (£23,476)
£94,836.62 £85,000.00 £179,836.62 — 155,969.69
£159,153.45 £1,108,943.18 £1,268,096.631,213,135.68

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