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2025-12-31-accounts

Annual Report & Financial Statements of the Parochial Church Council of St Anne’s Church, Soho 2025

~~PRESENTED 10~~[TH] ~~MAY 2026~~

FULL PAROCHIAL NAME

St Anne with St Thomas and St Peter, Soho in the Diocese of London Registered Charity No. 1132589.

ADDRESS

St Anne’s Church 55 Dean Street London W1D 6AF

020 7437 8039 www.stannes-soho.org.uk info@stannes-soho.org.uk

LEGAL ADVISOR

Diocesan Registrar The Old Deanery Deans Court London EC4V 5AA

DIOCESE OF LONDON

London Diocesan House 36 Causton Street London SW1P 4AU

020 7932 1100

INVESTMENT MANAGERS

CCLA Investment Management Ltd 80 Cheapside London EC2V 6DZ

INDEPENDENT EXAMINER

Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG

PARISH RECORDS AND ARCHIVES

The records are deposited in the Westminster City Council Archives:

City of Westminster Archives Centre, 10 St Ann's Street, London SW1P 2DE

020 7641 5180 archives@westminster.gov.uk

SOLICITORS

Harper James 10 Fitzroy Square London W1T 5HP

The Soho Collection for St Anne’s includes:

BANK

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

CONTENTS
o OFFICERS OF THE CHURCH 4
o RECTORS REPORT 5
o CHURCH WARDEN’S REPORT 6 - 7
o SAFEGUARDING REPORT 8
o ELECTORAL ROLL 8
o REPORT ON ACTIVITIES OF THE PCC 9
o DEANERY SYNOD REPORT 10
o TREASURERS FINANCIAL REPORT 11 - 14
o ANNUAL REPORT AND 15 - 26
FINANCIAL STATEMENTS
o SUPPORTING ST ANNE’S 27 - 28

CHAIR OF THE PCC

REVD SIMON BUCKLEY

PCC SECRETARY

JAKE LEE

EX OFFICIO MEMBERS OF THE PCC

REVD MARTHA PENNEL - Curate NIGEL PERCIVAL - Treasurer MARK ALLAN - Church Warden ROBBIE DRUMMOND - Church Warden ANDREW MACKAY - Deanery Synod Representative PHILIP BALDWIN - Member of General Synod

ELECTED MEMBERS OF THE PCC

HEIDI ZAMZOW (elected 2023) LUCY HAINE (elected 2023) MARK COLLINS (elected 2024) STEPHEN TOMASIEWSKI (elected 2024) GAVIN GERRARD (elected 2025)

4

Rector’s Report

2025 was marked at St Anne’s by a steady stream of activity rather than big events or highlights.

That a year in which Masai Warriors and Basil Brush perform in our hall and in which the congregation had a private tour of Lambeth Palace (before, I hasten to add, knowing who its next inhabitant would be) should be considered ‘unremarkable’ perhaps says something about our parish! Along the way we supported a theology student in Kenya and had an afternoon out visiting three churches in the Deanery. We supported our Parish School with a grant of £10,000 and raised funds for Christian Aid and City Harvest London, showing our commitment to people local and far afield. We welcomed an ordinand on training, and several guest preachers, celebrated Yvonne’s 100th birthday and blessed school bags at the start of the school year. We showed care for the bereaved at our monthly grief café and cut cake for anyone who walked into our Tuesday Tea. We served approximately 1800 meals to senior citizens and prepared people for confirmation and first Holy Communion, baptised and buried others and held approximately 280 public acts of worship. Just an ordinary year in the life of St Anne’s!

If people are the ‘living stones’ of the church, then as it approaches its 339th year this church is very much alive. The increasing number of people sharing in worship on an average Sunday (and record numbers at Christmas), finding support in meetings here, making Sacred Grounds their coffee-shop of choice and engaging with us and being helped by us, are all proof of our vitality.

It takes the grace of God and the commitment of the people of St Anne’s for us to live up to the words engraved on our glass doors ‘The Church of England serving the Community’. I am deeply grateful to all who, in different ways, enable us to try and do this and, with me, share in the ministry of sharing the love of God revealed in Jesus Christ through the service of our neighbours near and far. To all who make this church what it is I give heartfelt thanks.

Fr Simon

5

Church Wardens Report

2025 has been a year of steady achievements: our varied congregation has continued to grow culminating in two of our Christmas services having the largest congregations in decades. The PCC continues the discussion on how best to squeeze that number in the church. St Anne’s has maintained an active and transformative presence within Soho. “Sacred Grounds” has continued to expand and its atmosphere and attention to quality and service has been a vital sector in the church’s work. The business will we trust continue to expand as Jake Lee, our operations director moves, in July 2026, to manage and develop “Sacred Grounds.” Jake has been consistently hard working and always invested in his role as Operations Manager, and we feel his role in the coffee shop will enable it to grow substantially.

Chattels

As the official and legal guardians of the chattels and silver of St Anne’s, we can report there is no change from the details reported last year.

Building Structure

Maintaining and repairing the Rectory is the responsibility of the Diocese. (The PCC being responsible for decorating it, and the Rector for furnishing it)

The roof and upper storey remain in need of substantial repair and possible replacement (possibly Spring 2027). At the time of writing this report, a way forward is still under discussion - the unique construction of the concrete roof structure being somewhat problematic. Whilst the work is essential, the rectory is not deemed to be actually unsafe.

When this work does happen, it will undoubtedly be disruptive to the normal running of St Anne's.

It will also be a considerable inconvenience to the Rector who, it is proposed, will need to be rehoused.

In 2025 work continued on the necessary archaeological and arboricultural work required by the council and the diocese for us to make our gardens accessible, and this work should begin in the summer and be completed before the autumn.

6

Property Assets

All our properties are currently let to long term tenants.

The Church continues to let out its other usable spaces to local groups and businesses.

No property was gained or disposed of.

We are extremely grateful to:

Robbie Drummond & Mark Allan

Churchwardens

7

Safeguarding Officer’s Report

Jennifer has continued to undergo safeguarding training and has completed the dashboard for parish safeguarding.

The Diocesan Safeguarding Advisor supported us in responding to four safeguarding incidents in 2025.

  1. A string of intrusive and personal emails to Fr Simon that he received from someone who had come to St Anne’s, and that he has written to ask him to desist 2.

both members of the clergy have been in contact with the DSO, regarding two individuals who come into St Anne's occasionally. This is out of a regard for the wellbeing of the individuals, the wider congregation and safety of all members of staff.

The DSO advised St Anne's over clear procedures to ensure the safety of those attending St Anne's, which are being implemented and followed, whilst also recognising our duty of care for those who have been referred to the DSO.

The PCC will review its Safeguarding policy at its meeting after the APCM, as it is required to do, and recognises the importance of ensuring St Anne’s is a safe place for all - especially children and vulnerable adults.

Jennifer Cox Safeguarding Officer

Electoral Roll Officer’s Report

A new electoral roll has been prepared as of 26 April 2026.

The new roll shows 65 parishioners, comprised of:

45 non-resident 20 resident

Gavin Gerrard Electoral Roll Officer

8

Report on the Activities of the PCC

The PCC met six times across 2025. The following Standing Items were discussed at every meeting:

The following matters were discussed or agreed at meetings during the year:

Jake Lee PCC Secretary

9

Westminster (St Margaret) Deanery Report

Westminster St Margaret’s Deanery Synod met three times during 2025. The first meeting, held in January at one of our deanery schools - Burdett Coutts - focused on governance matters and a wide- ranging discussion about the future of the Church of England: people’s hopes and fears at a time when it feels increasingly polarised. The second was the annual Deanery Garden Party in June, held jointly with the City Deanery at the Temple Church after evensong which was attended by the Bishop of London. The third, held in October at StJames’s Piccadilly, covered education and church schools, an update on the major restoration project at St James’s, and environmental and sustainability initiatives. At that meeting a new innovation was ending our meeting with a short time of prayer, using the ancient night office of Compline, before a time to socialise with the other members of the synod who often come from churches in quite different contexts, even within our one deanery, and of different traditions.

All meetings were chaired by the Revd Simon Buckley, who had assumed the role of Area Dean at the request of Bishop Sarah in February, serving alongside Richard Carter as Lay Chair and Revd John Pearson Hicks (St Barnabas, Pimlico) as Area Sub Dean.

St Anne’s Representative on the Deanery Synod is Andy Mackay.

The Deanery comprises twenty-three churches, eleven schools, six university chaplaincies, the chapels of two inns of court and Westminster Abbey. It stretches between Pimlico and St Giles in The Fields.

Andrew Mackay

Deanery Synod Representative

10

Treasurer’s Report

The audited figures for income and expenditure at St Anne’s are set out in detail in the Statement of Financial Activities commencing on page 4. These provide a detailed breakdown of the income and expenditure for the year ended 31st December, 2025. Those Financial Statements have been examined by a qualified Independent Examiner as required by the Charities Act.

Income & Expenditure Overview

2024 2025
Income £ 375,581 £ 399,258
Expenditure £394,601 £456,516
Income versus Expenditure -£19,020 -£57,258

The Financial Statements report a deterioration in St Anne’s financial position in 2025 compared with 2024. While this was disappointing it was not unexpected. Some unforeseen staff changes resulted in additional costs. Additionally, the payment plan agreed with Sacred Grounds was only in its first stage in 2025. A restructuring of staff roles and the implementation of stage two of the Sacred Grounds payment plan are expected to realise a significant improvement in 2026 although a small year-end deficit is expected. St Anne’s cash position is, and is expected to remain, satisfactory.

Unrestricted & Restricted Funds

All income received and expenditure undertaken is for the ministry and support of St Anne’s. Most income received is “unrestricted”, meaning that it can be used on any activity as determined by the PCC. Sometimes we are given funds for a specific task and these are known as “restricted” funds to be used only for the purpose for which they have been given. Details of the breakdown between unrestricted and restricted funds is provided on page 10 of the report.

Budget

The budget is a financial plan that outlines expected income and expenses over a specific period of time. The annual income and expenditure budget is considered and approved by the PCC at the start of the financial year, taking into account known and expected future changes in costs and income in the year ahead.

The budget is somewhat different to these Financial Statements. Unlike the Financial Statements, the budget does not include adjustments for “accruals” - costs incurred and income generated in 2025 that have yet to be processed through St Anne’s bank account (for example, the cost of electricity used and the payment of outstanding invoices). The budget also does not factor in “asset depreciation” - the accounting mechanism used to reflect the fact that the value of capital purchases (for example, of computing equipment) diminishes over time. The budget is, however, a useful tool

11

for assisting St Anne’s to track our financial resources and prioritise spending, as well as to achieve our goals.

Ongoing income and expenditure are reviewed against the budget at each meeting of the PCC. Relative to that agreed budget, the 2025 year-end position was somewhat better than had been expected.

Income

There are no central funds, either from the Church of England, the Government or any other source, to support the day-to-day functioning of parish churches. All the activities undertaken by St Anne’s are funded from income from four principal sources:

Room hire income remained fairly steady in 2025 notwithstanding the mid-year decision by an important client, “Night Stars”, to relocate its activities. There was a substantial fall in donations arising from the receipt in 2024 of a one-off gift that was not (and was not expected to be) repeated. The 15% drop in covenanted income (namely, regular giving by the congregation) is a concern. Income from long-term rentals increased owing to a back-payment of airspace rental income. Although that was one-off, work has been commissioned which, it is hoped, will increase future income from businesses whose equipment extends into St Anne’s airspace.

Expenditure

The two biggest calls on the funds of St Anne’s are our commitment to the London Diocese “Common Fund” which in 2025 was £100,000 (2024 - £94,000) and staff and administration costs.

The Common Fund is money given by every parish in the Diocese of London to a central “fund”. It is collected from parishes like St Anne’s, to pay and support clergy, and to further the work of the Diocese in all parishes across London (hence the name Common Fund”). As in previous recent history, in 2025 St Anne’s paid in full the Common Fund contribution requested by the Diocese.

Following a mid-year reorganisation of staff, which led to the deletion of an Administrator role, at the end of 2025 St Anne’s employed an Operations Manager (full-time), a Community and Events Coordinator (full-time), as well as Premises Assistant (part-time), Maintenance Technician (part-time) and a Cleaner (part-time). While not an employee as such, throughout 2025 we supported the curate in full by way of our contribution to the stipend and costs, supplementing a grant provided by the Diocese. The staff costs in 2025 were higher than in 2024, largely due to additional costs incurred before the staff head-count was adjusted.

12

Other Expenditure

Apart from the Common Fund, and staff and administration costs, which traditionally make up the bulk of the expenditure, there have been on-going cleaning, repairs, renewals and building maintenance work which has incurred both planned and unplanned expense.

Sacred Grounds Coffee Shop

The payment plan agreed with Sacred Grounds in 2024, to support this popular community coffee shop at 54 Dean Street, was implemented in 2025 and remains on-track.

Bryan Burroughs Fund & Other Restricted Funds

Bryan Burroughs was a great supporter of St Anne’s and was instrumental in getting the Church rebuilt in the 1990s. When he passed away one of his legacies to St Anne’s was a cash sum for the upkeep of the clock. This is known as the Bryan Burroughs fund. At the end of 2025, the balance in that fund was £5,096. The other restricted funds received in 2025 were support towards the Curate’s stipend, and an initial grant from the Westminster City Council Community Investment Levy (CIL) to fund a lift to facilitate access to St Anne’s Gardens for people with impaired mobility. A larger CIL grant is expected to be received in 2026 to cover all costs associated with installing the lift.

Charitable Giving & Support

St Anne’s supports the local community and charities further afield in a variety of ways including providing cash donations. The primary focus for giving in 2025 was Soho Parish School. In addition, St Anne’s provided free or reduced room hire to a number of charity and community organisations. Full details are included in the audited accounts and financial statements. In addition, the St Anne’s community supported a number of ad hoc requests for donations in support of a number of organisations, including City Harvest London and UNICEF.

Investments & Reserves

St Anne’s invests funds through CCLA who are one of the UK's largest charity fund managers. They only manage investments for charities, religious organisations and the public sector and are largely owned by clients' funds. In addition, we hold some money on short-term deposit to cover our obligations to re-decorate the Rectory from time to time. All investment and reserve funds form the St Anne’s ‘reserve funds’ and these are held in trust by the PCC.

The investment capital is held as St Anne’s financial reserves and short-term deposits. We do this in order to have funds available at short notice to cover significant repair or other unforeseen costs. The PCC reviews these each year to ensure that adequate funds are available without losing out on any potential investments.

Details on the change in the value of St Anne’s investments and its reserves at the end of 2025 are included in the Financial Statements.

13

Gift Aid

St Anne’s is grateful for financial support by way of donations and, as a registered charity, can claim back from HMRC 25% of the value for all donations made by UK taxpayers (providing the donor has paid enough tax to cover all of their charitable donations and not just the donations made to St Anne’s). If you donate (regularly or otherwise), you are encouraged to do it by way of Gift Aid.

Bank

We currently bank with the CAF (Charities Aid Foundation) bank. This bank is expressly focused on charity banking and provides a number of useful facilities to ensure both transparency and ease of management of St Anne’s funds.

Risk Management & Financial Control

It is vital that, as both a church and a charity, St Anne’s is transparent in financial matters.

The Treasurer and PCC regularly review major risks to which we are exposed and the procedures and systems in place to manage these. Controls in place at St Anne’s help ensure that purchases have been authorised, and that the goods or services ordered have actually been received.

I am confident that, with the methods and procedures in place at St Anne’s, we can demonstrate both transparency and accountability for all our funds. As a result, opportunity for fraud, dishonesty or error is minimised.

In conclusion, I would like to thank our staff and the officers of the church in 2025, for the dedicated and efficient manner in which they have overseen the finances, and to all those who gave freely in support of St Anne’s throughout the year.

Charity Responsibility

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. They do this as trustees of the charity and I am grateful to them for their oversight and guidance during 2025.

Nigel Percival

PCC Treasurer

14

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

REGISTERED CHARITY NUMBER: 1132589

Independent Examiners Ltd The Grain Store Hills Barns Appledram lane South Chichester PO20 7EG

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

CONTENTS
Page 3 Legal and Administrative Information
Page 4 Independent Examiner's Report to the Trustees
Page 5 to 7 Trustees' Annual Report
Page 8 Statement of Financial Activities
Page 9 Balance Sheet
Pages 10 to 17 Notes to the Financial Statements

2

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

This report on the financial statements for the PCC of the Ecclesiastical Parish of St Anne with St Thomas and St Peter Church, SOHO for the year ended 31st December 2025.

Respective Responsibilities of the PCC and the Examiner

As members of the PCC you are responsible for the preparation of the accounts; you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement

Since the PCC of the Ecclesiastical Parish of St Anne's Church, SOHO 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 fellow member of the Association of Charity Independent Examiners, which is one of the listed bodies.

Independent Examiner's Statement

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 PCC of the Ecclesiastical Parish of St Anne with St Thomas and St Peter Church, SOHO as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

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.

Signed :

Date : 17.6.26 K Gomes FCIE MAAT Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG

3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

Notes
INCOMING RESOURCES
Donations & Legacies
3a
Activities for Generating Funds
3b
Charitable Activities
3c
Investment Income
3d
TOTAL INCOMING RESOURCES
RESOURCES USED
Cost of Charitable Activities
4a
TOTAL RESOURCES USED
NET INCOMING RESOURCES
NET MOVEMENT IN FUNDS
Balances Brought Forward Restated
Revaluation gains/(losses) on investments
BALANCES CARRIED FORWARD		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
53,758
29,391
83,149
95,253
214,983
-
214,983
209,246
98,319
-
98,319
67,161
2,806
-
2,806
3,921
369,867
29,391
399,258
375,581
426,787
29,729
456,516
394,601
426,787
29,729
456,516
394,601
(56,920)
(338)
(57,258)
(19,020)
(56,920)
(338)
(57,258)
(19,020)
244,835
5,434
250,269
267,273
(1,805)
-
(1,805)
2,016
186,110
5,096
191,206
250,269

Movements on all reserves and all recognised gains and losses are shown above. All of the PCC's operations are classed as continuing.

The notes on pages 10 to 17 form part of these financial statements.

4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE BALANCE SHE AS AT 31ST DECEMBER 2025 3141•¢45 314)e¢-24 . Talyib￿ Asset5 24.711 49*)7 73,918 41021 51.(B7 93.11 P8.757 105.376 87,042 101.WJ 174M 206 Cash at Bart and in Harvj 4&511 39. 12TW 167.161 10.fAXJ 10.IXKI 191206 250 Funds oftho Charity 186,110 244035 1912(A 2YJ 12.at.2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES

a) Basis of Preparation of Financial Statements & Assessment of Going Concern

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions.

They have been prepared under FRS102(2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practise, Accounting and Reporting by Charities (SORP(FRS102)).

The financial statements have been prepared on the accruals basis.

Consecrated and benefice property

In so far as consecrated and benefice property of any kind is excluded from the statutory definition of "charity" by Section 10(2)(a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements.

Moveable church furnishings

Moveable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Tangible fixed assets for use by the charity

These are capitalised if they can be used for more than one year and cost at least £2,000. They are valued at cost and depreciated over 4 years.

Investment Assets

Investments are valued at market value at 31 December 2025 and unrealised gains or losses are accounted for in the SOFA.

Current Assets

Amounts owing to the PCC at 31 December 2025 in respect of fees, rents or other income are shown as debtors less provision for any amounts that may prove uncollectible.

Funds

Unrestricted funds represent the general funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purpose of the PCC.

Designated funds are general funds set aside by the PCC- they remain unrestricted and the PCC will move any surplus to other general funds.

Restricted funds must be spent on restricted purposes and details of the funds held are shown in the notes to the accounts

Incoming Resources

Collections and donations are recognised when received by or on behalf of the PCC. Gift aid is recognised when the income is received.

Rent from land and buildings owned by the PCC and leased by licence under faculty is recognised when the rent is due.

Rental income or income from lets to organisations whose aims either accord with those of the PCC or are supported by the PCC is treated as "Income from church activities".

All other rental income or income from lets is treated as "Income from activities for generating funds"

Resources Expended

Grants and donations are accounted for when paid over, or when awarded if that award creates a binding obligation on the PCC.

Any diocesan quota unpaid at 31 December 2025 is provided for as an operational (though not a legal) liability and shown as a creditor in the Balance Sheet.

Tax Status

As a charity, the PCC is exempt from paying income and corporation tax but does have to pay value added tax.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

Furniture,
Additions
Disposals Gain/ (Loss)
At 31 December 2025
Charge for the Year
Disposals during year
At 31 December 2025
Net Book Value 31 December 2025
Net Book Value 31 December 2024
Cost as at 1 Jan 2025
Depreciation as at 1 Jan 2025
2. TANGIBLE FIXED ASSETS		 2025
Fittings & Equipment
£
169,400
-
-
169,400
127,379
17,310
-
144,689
24,711
42,021

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2025 : None

2 b) INVESTMENT FUNDS
Cost as at 1 Jan 2025
Disposals Gain/ (Loss)
Closing as at 31 December 2025		 2025
CBF Fund
51,087
1,880
-
49,207

The PCC holds 4,145 units in the CBF Investment fund and1,696 units in the CBF Fixed Interest Securities Fund.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

3. INCOMING RESOURCES
Covenanted Income
Collections at Services
Grants & Legacies
Donations
Gift Aid recovered
b) Activities for Generating Funds
South passage rental
Airspace rental
mobile mast
Room hire
Tower room Lettings
Fund raising
54 Dean street rent
Vance room rent
Electricity recharge
Fees for Funerals
Other Income
Lunch club income
Business rates recharged
Salary recharged
Interest Earned
c) Charitable Activities
a) Donations & Legacies
d) Investment Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
15,922
-
15,922
18,772
10,750
-
10,750
9,756
11,200
29,391
40,591
38,654
7,756
-
7,756
19,640
8,129
-
8,129
8,432
53,758
29,391
83,149
95,253
26,640
-
26,640
26,640
23,560
-
23,560
10,857
18,650
-
18,650
18,450
133,086
-
133,086
138,045
12,532
-
12,532
12,532
515
-
515
2,723
214,983
-
214,983
209,246
31,704
-
31,704
25,995
27,420
-
27,420
26,778
5,702
-
5,702
4,959
1,386
-
1,386
2,949
5,825
-
5,825
389
6,388
-
6,388
6,090
12,610
-
12,610
-
7,285
-
7,285
-
98,319
-
98,319
67,161
2,806
-
2,806
3,921
2,806
-
2,806
3,921

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

4. RESOURCES EXPENDED

Note
Diocese Contributions and Church fees
Ministry including Hospitality
Sanctuary Goods
Provisions for Music at Services
Lunch Club Expenses
Utilities ,Rates, Heat,light and water costs
Cleaning & Waste Disposal
Small Repairs,Maintainance & Gardening
Clock and other major repairs
Insurance
Legal, Professional Fees and Payroll Costs
Independent Examiners Fee
Health & Safety
Communications, Printing & Stationary
Staff Costs
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Computer and Photocopy Costs
Depreciation
Other Costs
Donations
Capital Purchases
Major Projects
Training
Grants and Donations made
a) Cost of Charitable Activities		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2025
2024
£
£
£
£
101,292
-
101,292
94,876
7,477
-
7,477
3,590
8,760
8,760
8,773
10,733
-
10,733
6,800
5,005
-
5,005
4,318
42,127
-
42,127
25,754
17,314
-
17,314
16,518
7,942
-
7,942
14,608
-
338
338
490
6,867
-
6,867
6,842
3,912
-
3,912
3,181
1,584
-
1,584
1,500
8,609
-
8,609
2,807
10,188
-
10,188
7,264
147,741
17,651
165,392
151,271
1,492
-
1,492
2,141
17,310
-
17,310
17,382
2,351
-
2,351
3,745
11,262
-
11,262
12,741
4,955
-
4,955
-
8,846
11,740
20,586
-
1,019
-
1,019
-
-
-
-
10,000
426,787
29,729
456,516
394,601

9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR
Garden Lift
Bryan Burroughs clock fund
Curacy Fund
PREVIOUS FINANCIAL YEAR
Bryan Burroughs clock fund
6. CASH AT BANK AND IN HAND
Cash at Bank and in Hand
CBF Deposit Fund
7. DEBTORS & PREPAYMENTS
Prepayments and accrued Income
Loan - St Anne's Community Café
Debtors
Sundry Debtor		 Restated
Balance
01-Jan-25
£
-
5,434
-		 Balance
Income
Expenditure Transfers
31-Dec-25
£
£
£
£
11,740
11,740
-
-
-
338
-
5,096
17,651
17,651
-
-
5,434 29,391
29,729
-
5,096
Balance
01-Jan-24
£
5,924		 Balance
Income
Expenditure Transfers
31-Dec-24
£
£
£
£
-
(490)
-
5,434
5,924 -
(490)
-
5,434
Unrestricted Restricted
Total
Total
Funds
Funds
31-Dec-25
31-Dec-24
£
£
£
£
80,690
-
80,690
95,240
429
5,924
6,353
6,353
81,118
5,924
87,042
101,593
Unrestricted Restricted
Total
Total
Funds
Funds
31-Dec-25
31-Dec-24
£
£
£
£
8,549
-
8,549
13,223
54,000
-
54,000
54,000
26,318
-
26,318
38,153
110
-
110
-
-
88,757
-
88,757
105,376

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals
HMRC - Paye
Trade Creditors
Pension		 Unrestricted Restricted
Total
Total
Funds
Funds
31-Dec-25
31-Dec-24
£
£
£
£
7,021
-
7,021
21,200
2,282
-
2,282
4,028
31,798
-
31,798
12,000
7,410
-
7,410
2,580
48,511
-
48,511
39,808

10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR ONE YEAR

Unrestricted Restricted
Funds
Funds
£
£
Loan from Diocese of London
10,000
10. ANALYSIS OF NET ASSETS BY FUND
Unrestricted
Restricted
Fund
Fund
£
£
Fixed Assets and Investments
24,711
-
Current Assets
201,207
-
Liabilities (due in more than one year)
10,000
-
-
215,918
-
11. STAFF COSTS AND NUMBERS
2025
£
Gross Wages and Salaries
162,159
Employer's National Insurance Costs
1,163
Pension Contributions
2,070
165,392
Employees who were engaged in each of the following activities:
2025
Activities in furtherance of organisation's objects
6		 Unrestricted Restricted
Funds
Funds
£
£
Total
Total
31-Dec-25
31-Dec-24
£
£
10,000 10,000
10,000
Unrestricted
Restricted
Fund
Fund
£
£
24,711
-
201,207
-
10,000
-
-		 Total
Total
31-Dec-25
31-Dec-24
£
£
24,711
42,021
201,207
260,269
10,000
-
10,000
-
215,918
-		 215,918
292,290
2024
£
149,384
210
1,677
-
151,271
2024
5

The organisation operates a PAYE scheme to pay all employed members of staff and the organisation also employs members of staff on a self employed basis. No employees received emoluments in excess of £60,000.

12. PAYMENTS TO PCC MEMBERS

Number of Trustees who were paid expenses
Total Amount paid		 2025
1
1,740		 2024
-
-

Reverend Simon Buckley was reimbursed for expenses incurred for the sum of £1740.No other payments were made to PCC Members or any persons connected with them during this financial period. No other material transaction took place between the charity and a PCC Member or any person connected with them.

11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANNE WITH ST THOMAS AND ST PETER, SOHO

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025

13. RISK ASSESSMENT

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established

14. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

15. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

12

Support St Anne’s Church

The Church of England is becoming less able to rely on its historic assets to generate income, so parish churches like ours have to become as self-sufficient as we can and, if possible, help poorer parishes in London. We believe we are making our buildings (and people!) work very hard to generate as much income as possible, but we also need support from our congregation and the people who know us. If you would like to support us then please complete the form below to help ensure that St Anne’s continues its worship, work and witness in Soho.

Standing Order Instruction

Bank Name Bank Address Account Name Sort Code Account Number Please pay the sum of £ Date of first payment Frequency MONTHLY / QUARTERLY / ANNUALLY (DELETE AS APPROPRIATE) Until FURTHER NOTICE Bank Name CAF BANK Bank Address 25 KINGS HILL AVE, KINGS HILL, WEST MALLING, KENT ME19 4JQ Account Name PCC OF ST ANNE WITH ST THOMAS & ST PETER, SOHO Sort Code 40-52-40 Account Number 00022443 Signature Date

Boost your donations by completing the declaration overleaf

Charity Gift Aid Declaration

Boost your donation by 25p of Gift Aid for every £1 you donate

Gift Aid is reclaimed by the charity from the tax you pay for the current tax year. In order to Gift Aid your donation you must tick the box below:

I want to Gift Aid my donations to St Anne's Church, Soho. I am a UK taxpayer and understand that if I pay less Income Tax and/or Capital Gains Tax in the current tax year than the amount of Gift Aid claimed on all my donations it is my responsibility to pay any difference.

Your address is needed to identify you as a current UK taxpayer.

Title

First Name

Surname

Address Line 1

Address Line 2

City

Postcode

Date of declaration

Please notify us if you:

If you pay Income Tax at the higher or additional rate and want to receive the additional tax relief due to you, you must include all your Gift Aid donations on your Self-Assessment tax return or ask HM Revenue and Customs to adjust your tax code.