IEMMANUELCROYDON Annual Report and Financial Statements of the Parochial Church Council of Emmanuel Church, South Croydon for the year ended 31 December 2025 Re8lStered Charity no 1132879 .IEMMANUELCROYOON The Parochial Church Council of Emmamel Church. South Croydon Ithe has the res￿nSIbIlIty of co- operating with the Vicaf. the Revd John Adams, in promotivy in the ecclesiastKal parlsh the whole mission of the Church.. pastoral- evangelistic,. sotial" and ecumenKal. The VKar and PCC have taken account of the Charlty COMM￿S1On'$ guttlan￿ on publK benefr( in planning tNJr adivitie5. Ob an Emmanuel Croydon Seeks to be a p￿ce of uncondltknnal wekome, Christ)d causes. We also support wr miss•Jn partner5 through prayer aftd each week in church we pray lor at le35t one area of mission. ReguL3r prayer rneetings are held lor mission with a particular focu5 on peoplè wlth whom we are linked. In Septembef. JohnAdams and Natasha Burt taughtat a w￿k-10￿c0nlereTrce in Nairobi for Kenyan clefRY from the Anglican Church of Kenya. We also welcorned FeliK Arerno (London City Mission I Crosslandsl at our Movember rni5sion-focu5ed ￿NdaY. Our support In 2025 (an be YOU￿ under two maln a￿•$ of actNity'. pport forour mlssk)n p•rtners: Slmon Fre￿h Wolki￿ with the Borderless programme run by Afrka Inl•nd Mlsslon to reach out to Afrlcan Immvdrants refugees in ihe UK. This Includes svppOrti￿ refugee5 through Ihe Croydon Refijgee Day Centre and teachln8 them English as a foreign language. Ruth Kade runnin8 educath)n prcerammes in refuge* ¢amps In South Sudan Jack and Sarnh wIntert￿rn, workirq as pastoral a55istsnts wlth Europe•n Chrlstlan Missbn In Tour5 in Frnnc• Donald and Becky Kamese. runnin8 Predica Vkla (Preach Lilel. a Bible Trainin8 equlppln8 local leaders to plant Chrisi<•ntred churthes in the"CIrc￿ of Siltnce~ in Me¥ico. Emily Speed, worklrvd with Croydon primary schools through the Spinnaker Trust. Support lor a number of mlssion Organisat￿n$ and Pfolects In the UK and overseas whKh r*fl*ct our vlsktn and objertives for support of evanqellsm, rellef work. ad¥ocacy for justice and buildin8 UP the work of local thur¢hes In t￿or own communttles. Some of these projects have a longstandin8 relationship with Emrnanuel and have been supported frjr many year5. In rn05t ¢4ses there Is a strong link with a current or former membei of Emmanuel The proierts 5UPPOrt•d In 2025 Include Afrlcan pastOf5 5tudyin8 theology al Bishop Barham UnweTStty College, our mission partner working with Scripture UnK)n in Tajiktstan, Pastor Nat￿Tr Ba5saty in E8ypt supported though International Need5 and The Daniel Spar$o-Mabbs Foundatw. Numè•rs: A new Electoral Roll was revised in Apdl 2026, conslstinB of 324 narnes. cornpared with 310 in the prevlous vear. Durln8 the year wg tonduct*d 15 full ImmersK>n baptism516 adults, of whom 3 w*re r•-affirmin8 bapttsm vows. and 9 under-18s1, S Infant baptisms. and 4 weddir45. Th*r• w•r•4 funerals. FUndmI￿nI In Ilne wlth the reporting reoulrements Included in the Charitie5 Act 2016, the Tnjstees can confirm that all fundraising isundertaken In ￿Mpl￿a￿e with best fundraising pra¢11￿. All Mndralsing activities followtraditional methods which have been recoEnlsed as ethical for manyyear5. DvrinR 2025 we did not employ aTry professional fundraisers. There We￿ no complaints orcritiusms duri￿ the year about wr fundralsing activities. 6energ1 F¥nO We reported a signrficant defKit for 2024 of E69.072, and the 2025 Budget had indicated aftother likely deficit of £54.000. By mid-year, the forecast was that the defirit for the fvll year 2025 wouk4 be even Larger. at around Pagt4 IEMMANUELCROYOON £IcK),￿o. In part, thlswas because expenses increased by rnore than ant￿pated. as pay scales forour employed staff track the London living wage. which Tose by 7%. Glrfin8 the first half of the year was also down. We had a midyèar appeal. whKh was responded to very 8enerousty. albeit in part throu8h several sigRifKant one-off gifts that are unlikely to be repeated in 2026. As regjlt. we ended 2025 with an operatbng surplus of £6.434. Voluntary don3￿n5 to the Genefal FuThJ (including recoverable) in 2025 amounted to £565,981 compared with £519,744 in 2024. an increase of 9%. Income from Charitsble ArtiVit￿$ in 2025 of £53.481 was his￿[ thon th• £48,910 rfjc0iv￿ in 2024. Total Income of £629,737 was YA h*her than in 2024. Total expendltttre in 2025 of £623.303 w45 3% bwer th•n In tht prevfjous year1£644,9331 lar8*ty du? to lower running costs for the Church. Ovgrall. incom• •xc••d•d •xp•ndltur• by £6A34 compar•d to prior year when •xpenditu¥• •xc•eded incom• by £69,072. De¥*lopment Fund The Development Fund holds Ernmarwjefs freehok4 propert￿$ (the Ernmanuel Centre and three staff houses) and the unspent cash balance5 from ￿Bac￿e$ recefved in Pre¥￿u5 years. The purpose ofthe Development Fund Is to Invest In people. projects •nd propertles In lurtherance of EmmaThJefs mlnhtry. Duringthe year. a donatlon of £25.OCKI was recefved In memoryofTony Sharpe. a leadln¢ member ofthe Church for manv vears.12024.. Legac￿$ £84.388I. Intefest on the acujmulated cash balance$ amounted to £15,163 12024.. £17,788>. Éxpehdltitrie durln8 the year IrKluded • 8rant of £3.000 towards the theolo8ical trainini costs for Dlma Hordg 95 he be8aD trainsne for full time ministry. There wa5 also a non-Ca5h depreciatK>n char8e of £42.240 felatlna to the Emmanuel Centre as required by•c¢ouniirffj stsfida￿s. Net assets carried forward at 31 December 2025 of £2.928.752 comprised Pfoperties of £1489.191 and cash balantes of £439,561. RestrktedFunds Restflcted Funds ar6$• from those @rants and donaih)ns whlch have been specfjf6ed by the donor for a sptclf purpose. Such fvnds are not available to the PCC to spend for any other purpose. Incomg for the year cOn￿sted of £12.374 to suppjrt a Youth Fund set up to provide financial support to enablo voun8 people to attend youth camps znd weekend5 away. During the year. thefe wa5 expenditure of £1.209 as small grants to ¥ndivwJuals in need. £l.555 to tt)¥er costs of the Emmanuel Centre to provtde a warrn space for the Communlty, £705 expenditure on provk4ing ￿ghthOuSe for YOU￿ people with additional needs, and £3,808 to support young people to attend youth camps duriN4 the summer and weekends away. Further details arè given In Noie 9 to the Financfjal Statements. (￿￿90k￿￿2026 The PCC has set an expenditure budget for operatwjnal funds in 2026 of £627.{1￿. Thi5 budget envisa8es that we will furthef develop our mlntstry act￿￿e5 In support of our overall Vision. In addit￿n. it includes allowance for work on the Church rwf. secondary glazrng for five windows in the Church. which will improve heat-retention. and work needed to underpin our health and safety- However, follo¥Ang a Ca￿￿1 re¥tew of all staffing rM)sts. the PCC conduded that the flnanckal ￿)SItIon could r￿t sustaln Production and Online Media Coordinator role teyond Febwuary 2026. Pate 5 .4EMMANUELCROYOON On top of the General Fund provision, we continue to have a number of pLinned Capital spends. These Include a new platform in the Church and the phased transition of the liEhtin2 system in the main Church to comprise LED-based Sources. whKh will require D(ocesan approval. &Jbiect to PCC approval. the Development Fund has sufficient money to cover these exceptional costs. In the prevalllneetonomK climate. li isdifficultto predfjct both irmme and expeThJrture for 2026. However, the PCC considers that reseryes bullt vp in prior years will be sufFicient to cover any deficit arisin8 in 2026 but this level of spend wlll not be sustainable in futuie yeais without a significant inuease in income. The Church held a Vision Day in February 2026. It 15 PCC policy to maintsin. to the extent possib￿. a balan￿ on unrestrkted funds lexcludin8 fixed a$5etsl equatin8 to between three and six months. expenditiJTe. Al 31 Decernber 2025, the G•neral Fund reserves weie in the middle of this ran8e and represented just under five months expendilure. Reserves in the Devehpment Fund a131 Decem￿￿ 2025 were £439.561 exchjdlwd flxed assets. It is PCC pollcy to carry forward Developmeni Fund reser¥es for future expendltyjre on peop￿. projects and propertles In furtherance of Emmanuel's ministry. It Is PCC policy to pkce funds surplu5 to Immediate wulrements wlth the CBF chU￿h of Englar￿ Deposit fund. As a parish church. our plan isto prayerlvllycontlnue to Invest time. money and resources Into 5hafln8 the Good News of Jesus and being z ￿nITe of prayer, worship. learniry pastoral G4re lor all who live In the local cornmunty. or join us on line. In 2026. our year of felhwship, our prayer is that we contlnue to be 8enerou5 In usln8 what He has gNen us to serve Him aryl to enab￿ other5 to know the rkhness of H15grace. Th• PCC 15 re5ponslble for Con￿der1￿ the major r15ks to whKh the Church ts exposed and for the systems and piocedure5 desvaned to mttl8ate t￿se rlsks. In th15 regard. PCC appolntments Include an Insurance officer. safeguardi￿ Officer and a Healih & Safety OffKer. Busldlng on the work conducted In prevknis years. the PCC rnalntalns a rlsk ￿gISter. The Head of Operatlons Is responsible for the rlsk reRlster and. working with the Vicar, has overs*ht responsibility for health and safety Ihroughout the Church coMp￿Xes. The re86sitr was reviewed and updated a8ain in 2025, and th• results r•portgd to PCC. The most $18nlfkant rlsk factors relate to the chU￿h.$ fabrk. Its actlvltles wth young or vulnerable people, and it5 continuity of IrKome. The team were Satisfied that these risks are adequatefy and appropriately addressed through a cornbination of insurance. Operati￿ pr￿dureS and ¢ontro15. and prudent budgeting and cash ftow forecasting. Durin4 2025 we also instslled a new Health Safely manaaement system and created an act￿￿ plan. Stsfvguordlnq We lake the sale8uardinR and care of chikjren and vulnerable adults very Ser￿u$￿. The Vicar has overall respons*billty for Safeguarding. Linda Penn is the PCC5 appointed Parish Safeguarding Officer and there are 4 Deputy Parish Safe8uaidin8 Officers.. DavKI Griffin, Llil Pamplona. Jo Lines and Ally Kewesey. Jane Mash is the Safeeuardin8 Administrator overseelng C￿ck5. All of our activities were carried out in accordance wrih a safeguardin8 polky In line wilh guidance Rfven by the Diocese of Southwark's ufe8uardin8 offKer. and approved by the PCC. All group leaders and helpers involved with any artivilies with chik4ren or vulr*rable adult5 undergo Safeguard1￿ checks as required by the poliry. The PCC is a Cofporate body estsblished by the Church of E￿IaTrI. The Pccoperates under the Parochial Church Council Powers Measts￿. and is a registered charity. Plgt 6 AEMMANUELCROVDON The method of appointrnent OIPCC members issetout in thechurch Representation Rules. All Church attendees are encouraged to fegister on the Electoral Roll and may then stand forelection to the PCC. All members of the PCC are Trustees in accordance with the requirements of the Charittes Art 2011 (the -Acfl. All new PCC members are appraised of their responsibilit￿5 as trvstees under the definrtions of the Art through meetings and trainin& and in partiuJla¥ thrthJ8h an t￿ended briefing at the f(rst meetI￿a of each new PCC. Existing PCC members have been provided with trainirq for Safeguardin8 children and vulnerable adults and this will be continued for new rnembers. The PCC has appolnted a number of Commrttees to assist in CafryinKout its aims aNI obJecti¥es'. Standrng Global Mis5K*n Finance Human ReSoU￿e$ Fabr Eco GrtyJp The Stsnding Comrnittee 15 empowered to tr3n5act the busine55 of the PCC belween its meeting5. subject to anv dlrectSons £￿en by the PCC. The Standin8 Committee keeps under review all matters of PCC business that are not deltgated to othercommittees and advfses the PCCaccordlnKIy. The PCC and all committees additionally operate under theguk4elines of the Emmanuel Church Stsnding Orders updated June 2025. The PC.C met for ordlnary bus{￿$$ el8ht tlmes duflr* 2025. Poy ortdremunerotkn Key Management Personnel zre cons*Jered to be the PCC rn*rnber5 and cle￿35 they zre in charge ofdlrect5n controlling. runnln8 and operztin8 the Church on a day to day ba515. All PCC members gNe of thelr tlme freely and recelved no remuneratlon In the year. Detalls of PCC mernbers, expenses and related party transactlons are diKlosed in Note 10 to the finanaal Statements. Pay and rernuneratlon of our VIc4r and As%xlate Vk•r Is determlned and pald by the Dkncese of Southwark. Pav and remuneratlon of other staff Is determlned by the PCC, with pericxllc benchmarklng a4alnst slmllaf roles and Diocesan pay award5. Annual Increments are linked diredty to DKKesan increases. mln Full name of pcc Address Telephone Re Iste￿￿ Charlty No: Inde ndent Examiner Bankers PaTLKhial Church Council of Emmanuel Church, South Cro do Emmanuel Church Office, Normanton Road, South Cro don, &Jrre CR2 7Af 02018688 6676 1132879 JCS Accountants Lid. 5 Robin Hood Lane. &Jlton. &Jrre SMI 2SW CAF Bank Ltd 25 Kin s Hill Avenue Kin Hill West Mallin Kent ME19 4JQ Leadershlp and Personnel The Vicar has been Support￿ In ￿aderShip by the PCC •nd: the Rev Jon Feathefstone. Associate the Rev Da¥KI Griffin. A550ciate Minister for Children. Ywth and Farnilies. the Ministry Team. cornprising the VKar. Clergy arKf stsff Team and the Heads of Ministries. The Heads of Mlnistry include DIscip￿ShIp and Eva￿e1￿M (Natasha Burtl. Prayer IAlison Lawlonl. Outieach (Simon French). SenK*rs Icarol Trowerl. Women ljudith Prwjrl and Vulnerabk (sal￿ Brucel. The Ministry Team meets weekty to oversee the day to day development of the th￿TCh'S mlntstry. The Leadershlp Team. made up of the Vicar. AssrKiate Vicar and Minister for Chlldren, Youth and Families. the Churchwardens and UD io three other members from the Church family Iwho are nomlnated by the Leadership Team to complement the skills and perspectoves of the ex-offlclo Page 7 4EMMANUELCROYDON Members and whose appointment ￿ approved by the PCC). In 2025. the Church family members compfi5ed Natasha Burt and Svja thacko Ito May 20251. Stoff Teom The staff team consisted ofr The Vicar Amociate Vtar Associate Minister for Chlldren, Youth and Families (po￿ rolel Farnilie5 Pastor (poid rolel Children's Pastor Ipo￿ rolel Worship Pastor (Po￿ rolel Production and Online Media Co-ordinatorlpoidrt)lel Assgciat• Minist*r for Discipjeshlp and Evan8ellsm MiTrSstry Trainee Reader Prlnclpal Oreanist SPAS Head of Operations (p¢p￿r01•S Adminlsirators Ipa￿ rolel The Re¥d John Adams The Revd Jon Featherstone Th• R•vd Davkl Jo Li￿5 Uzl Pampk)na Stuart Burke Sam Merrell Ito Febwary 20261 Nats5ha Burt Dima Horda (to July 20251 Andrew Gillam RKhard Mash Elleen Parsons. Carol Trower. and Llz Davld Sally-Ann Jackson sie Foster Ito Aprll 20251 arlett Sondefwn (from Aprll 20251 Julia Axott linda Penn Jane Mash PA to Cler8y Ipotd mlel Safeguarding oifKer Safeguafdln¢ Admlnlstrator Pald mlej The PCC has establlshed a number of pa￿ staff rolesto le•d key•c¢fvltJe5, coordlnate volunteers. and to 5UPPOrt the clergy in thelr work. The PCC keeps the rationale for these roles und*1 rtyIJ￿r revlew. The pald roles In place durln8 2025 are indicated in the staff team lisl above. Annual appraisals are undertaken for all staff by the relevant Line Manager. We entourag• thè on-going developrneni of our team and durlng the year Jon Featherstone finished the Arrow Leadership Pro8ramme. run by CPAS. and Naiasha 8urt started her third year at Cr05s1and55eminarywheie she lsdolnl • part-tfjme Masters covering training in theology and ￿aderShIp. partxhlal Church CO￿¢1 Membffshlp Members of ihe PCC are etther ex offldo or elected by the Annual Parochlal Church Meetln8 IAPCMI In accordance with the Church RePresentat￿n Rules. t*Jring the perKJd l January 2025 to May 2026, the date of thi5 Annual Report, the fo5k)wsn8 ser¥ed as members ol the PCC. The Re¥d John Adams The Revd Jon Feathevstone WKar. Associate Vicar.. A55ociate Mini51tr for Chiklren. Youth and Farnilie5 Minister wff(h PTO.. The fte¥d David Grrlfin The Re¥d Jan Wi150n Ito MaT¢h 20251 Churchwarderns: Pete &Jrt Rkhard Mash Memberof General Synod: Rebecca Chaprnan (from May 20251 PaEe 8 .IEMMANUELCROYOON Members of Deanery Synod= i ￿lerin01a lfrom May 20251 Mary Knrht Richard Mash Daniel Orazalurne Rachel Warren (to February 20251 Etected members.. Stssanne Frerth A￿areW Gillam Caz Heath Dima Horda Ito May 2025) Clare Jeffries Tanya Moraites (from May 20251 nda Penn Judith Prior (from May 20251 Mark RKhes Jeremy SincFair Ito September 20251 Sarah Small lfrom May 20251 Rachel Smith Slmon Smith Colin Webster Garry Wint*rbum lfrorn May 20251 e Wool RESPONSIBILITIES OF THE MEMBERS OF THE PCC Charlty Law requlres the PCC to Prepare flnartkl staternents for each flnancoal year whkh ifve 4 true and fair view of the state of affairsof the Church and of the for th•tyear. In preparin¥ those financial statements, the PCC Is required to.. select sultable accountlry rdkies aryl then apply them con￿St•htty.. make judgements and *stirnites that are reasonable and pruden¢ comply with the applicable a¢countin8 $tsnda￿S $ubRrt io ami matertal departures dlKlosed and explained In the flnanclal statements." and prepare the financial statements on the Boing con￿rn basls unless It 55 Inappropriate to presume that the Church wlll contlnue In operatK+n. The PCC is responsible for keewngadequate acwuntinB records whlch dlsckjse. with r•èsonable accuracy at anv time, the linancial position of ihe Church. and to enable thern to ensure that the financial staterner¢ts comply wsth applicable Accounti￿ Standards and Ststements of Recommended PractKe and the regulations under sertlon 154 of the Charr(*s Aci 2011. It is also responsib￿ for safeguarding the assets of the Church and hence for takire reasonable steps for the preventlon and dèiectK)n of fraud other Irregularft6es. On behalf of the PCC PCC Chair 18 May Z026 P4ge 9 4EMMANUELCROYDON Independent Examinerfs report to the members of the PCC of Emrnanuel Church. South Croydon I report to the charity trustee5 on my exarnination of the acLY)unts of the ParLKhial Church Council of Emmanuel c￿TCh. South Croydon for the year ended 31 De￿fflber 2025. Responslbllltles and basls ol report As thè charl￿$ trustees you are responslble for the pr*paratk)n of the a(tthJnts In accordance wtth the requlrements of the Charltles Att 20111.the Arfl. I report In respect of my examlnath)n of the ChariiV5 3c£ounts as carried out under sectloTr 145 of the Act and in carrying out my examination I have followed all the applKable Directk)ns £fven by the Charity Commission under section 14515Jlbl of the Act. Independtrt exarnknerfs st•ternehi Slncè th* CharlW$ 810ss Incom* excéeded £250.000 your examlntr musi be a member of a body Ilsted In sert5on 145 01 the 2011 Act. I confirm that l am qualifled to undertake the examlnat6on because l am a member of the Instftutt of Chartered AcctyJniants In England and wa￿5. whkh E5 one of the listed bodles. I have completed my ex•mln•tlon. I conflrm that no matters haT•* come to my attentlon in connection with the oxaminatlon ¢lvln8 m• caus* to b*15*rt that lft any mateAal r*spe¢t'. . accountlng records were not kept In respect of the CharSty as requlred by sectlon 130 of the ACL. or . the account5 do not accord with those records,. or . the attounts do not Comply with the appTrKab￿ requ￿eMentS cOn￿rnI￿ the forni and content of accounts set out in the Charities IAccounts and Reportl Regulation$ 2LW8 other than any Te4uirement that the accounts give a'true and fair viev/ which is not a matter considered zs part ol an independent eXamInat￿n,. or . the account5 have not been prepared in accordan£e with the methods and principles of Accountin8 and Reportin8 by Charities.. Stotement of Recommended PrKtice applKable to charities preparing their accounts In ccordance wlth the Flnanclal ReporUnB Stsndard applt4ble in the UK and the Republic of Ireland IFRS 1021. I have no concerns and have come •cffj5S no ot￿r matter5 in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understsndin8 of the accounts to be r•ach•d. Mlfiam Hickson CTA FCA JCS Aco)untants Llmlted S Robin Hcod Lane Sutton Surrey SMI 25W 3 1026 Pagt 10 rn￿￿00 V) * i¥ ri m co o r* tyj co .4EMMANUELCROYOO BALANCE SHEEr at 31 Decembef 2025 14ote 2025 2024 FIXED ASSETS Tanglble fixed assets 2,512.432 2,561,010 CURRENT ASSETS Oebtor5 Cash at bank and in h•nd 31.555 702,222 733.777 111,045 583,588 694.633 CREDITORS: 4rnounts hlllr¥ wlthlTr ¢)ne 114,9751 130,8631 NET CURRENf ASSETS 718,802 663,770 TOTAL 14Ef ASSETS 3.231,234 3,224,780 FUNDS Unrestrlcted FuThJs'. GènLYèI Fund 275,615 2.928,752 26.867 269,181 2,933,829 21,770 08v•lopmont Fund Restrirted Fund5= TOT￿ FUNDS 3,231,234 3.224,780 Approved on behalf of the Paro¢hial Ch￿￿h COW￿11 on 18 May 2026 and 98n¢d by.. RithArd M￿h Andre•¥ GilA•m Chuichwardeft Tre&suiet Psge 12 .4EMMANUELCROYDO srATEMENT OF CASH FLOW5 for the year ended 31 Detember 2025 2025 2024 Cash provlded by l (used In) opeiating actwilies (note below) 95,296 {74,2701 Cash fk)V•S from In¥e511n8 acO¥liles Interest received Payments to acquire tarylble fixed assets 23,338 23,795 Cash pn>vlded by Investlng actl 23,338 23,795 Net cash Inflow l (outfiow) 118,634 150,4751 Cash and cash equlvalents at I, January 583,588 634.063 Cash and cash eqU￿aknts at 3tst December 702,222 583,588 Nots: Cash flows from operatlng acthiltles Net Income {eypendlture) 6,454 {4,5771 Interest receNable included in investiw a¢tlvFties Depreciation Decease / lirKreasel In debtors IDecreasel / Increase In creditors C¥sh provlded by I (used kn) opernllng acth71ths 123,3381 48.578 79,4 115.8881 95,296 123,7951 48,577 184,7211 19.7541 174,2701 Page 13 4EMMANUELCROYDO NOTES TO THE FINANaAL STATEMENTS Year ended 31 December 2025 ACCOUNTING POLICIES The principal accounting pM)I￿leS adoptsd, fvdgements and key sour￿$ of estimation uncertalnty In the preparation of the flnancial slalements are as follows.. Basls of prepar&Uon The flnancial statements ha￿ ￿en prepared In xcord•nc• woth th• Churth Accountini Regulations 2016 and In accordance with the Charities Statement ol Recommended P¥Xt￿ 2019 (Charit￿5 SORP IFRS 10211 and Flnancial Reportir¥ Standard 102 IFRS 1021. Emmanuel Church, &)uth Croydon meets the definition of a public benefit entsty under FRS 102, is a corpornte body established by the Church of England, and a ￿gIstered charity in England and Wale5 ￿. 1132879. The Church OffKe lsat Emnwnuel Church Normanton Road. South Croydon, CR2 7AF. The accounts h•ve be•n prtwred under the hi5torkal o)5t oJrNentlon. The accounts Include all trznsactlons, a55ets and1Sabllltles for whkh the PCC 6$ iespon5ible in kiw. They do rK*t indude the accounts of chuT¢h groups that owe their maln affiliation to another body nor those that a￿ Informal ¢•th*vlne5 of Church members. The financial statements are prepared In steilin& whKh is the fUnCt￿nal tyrren¢y of the ch¢Jfch. Monetary arnounts in these flnancial statements are rtyjnded to the nearest E. Golni c•n¢ern At the tlme of •pprovFn8 tht finantial statementy the PCC rnembeTS have a r••sonable expectation thal th• hyrch has adequate resources to tonlinue in Opernt￿nal existence for the foreseeable future. Thus. the PCC m*mb*r5 continue to adopt the goin8 wncern ba￿$ of accountln8 In preparin8 the financLIl ststements. Funds The financlal statements Fn¢ludt twansactions. assets and Ilablutles for whlch the PCC can be held responslble. They do not include the accounts of churth 8roups thai owe an affillatbn to another body nor those that are Informal $atherlngs of church rnembers- rw)r do they In¢￿de the accounts of thurch qroups uryler the control of the PCC but where the amounts are consldtred to be immaterial. Ir*come Donotlonsondleqacles." vO￿ntsry Income •nd don•tions (Includi￿grants and legacies) are accounted foronce the Church hès entitlement to the income. it is probab￿ the income will be Teceived and the amount of Income Feceivable can be reliabty measured. Where material a5S*ts are donated to the church for Its uw, th•se are pitslised at the estlmated market value at ihe date of the glft and Included under Incom*. Other ord*hory knci**." Rental Incom• from the lettlry of clwjrch prerntses Is •ccounied for when earned. Parochial fees due to the PCC for weddlnqs. funer•ls etc. èit attounted for on an event-by*vent basis. Expendhure Expendlture 1$ accrued as 500n a5z liability is consbdered probable, discounted to presenl value for bnger term liabilities. Charitable expenditufe IWKlude5 all 5UPPOrt Costs in respect of the church's artivtlie5. Grants.. Gfant5 and donat￿Tr5 are accovnted for when pa¥J over or w￿n awarded rf that creates a bindin8 obllEatlon on the PCC Church ortlvttles.. These costs are accounted for when payab￿. 6ovefnonce costs.. These cornprise expendlture on complfj•nc• with statutory legal requirements and arè Included tn Chuich aclivitie5. Page 14 4EMMANUEILROYDO NOTES TO THE FINANaAL STATEMENTS Year ended 31 December 2025 Flxed assets Consecroted lond ondbulwlnos ond mo¥vble ¢hurthfvrnlshthg5." Conse¢rèted land and beneficed propettr is excluded from the accounts by s.101211è1 ol the charl1￿5 Act 2011. No value is placed on rnovable church furni5hlng5 held bythe churchwarden5 on special trust for the PCC and which require a frdcutty fordtsposal since the PCC considers this to be iTralienabte property. All eKpendTture incurred during the year on consecrated or benefKed buildin45 and Movab￿ church furnishlw. whether maintenance or improvement. is wrltteTh off. Otherlond ondbtslAllngs." Other land and buildi￿$ held on behalfof the PCC for its own purposes are Includtd at historic cost. FTeehoW land 15 not deweciated. Where the Char￿ adopts a pollcy ol malniainiwd propert￿5 to a standard that prolongs thelf I￿e$ and enhances Ihelr resldual value, the PCC consh4ers any depreCkn1t￿n arislna to be ins*nllicant and the properties are not depreclated. In other c4s•s. wherethe buikllrv4sdo ￿tSatISfy thesecrlteria. they are depreciated over SO years. Assets Sn the couise of u)nstructbn are [￿t deweciated untll they are ready for use. Expenditure on maintenance is written off as ￿n￿rred. Otherfl#tures ffttlffjs ofv eylpnent Equipment us•d Is d•prt¢fj•ted on a straiBht-Ilne basls over 5 to 8 years. Indivbjual items of equipment wrth a wrchase WI￿ of £5.(￿ or ￿$$ are eeneralty written off In the period in which the •sset Is acqulred. Oebtors Income tax recov•rabfe aNI other debt0￿ are Includd at the settlement amotsnt duè. Prepayments are v•lu•d at the amount prepald. Cash and cash eqyfvalents Cash at bank and In ￿Thd Inckndes osh and short-term h*hty liqukl investments wtth a short maturrty of thfee months or It￿ from the date of openir48of the dep05It. Credkon •nd pro¥1￿0￿$ Creditors and provisions are reco8nised where thecharity hasa present obli8atlon arlsing from a past event that will probably result in the Iransfer of fund5 to a third party and the amount due to settle the oblO8atlon can be measured of estlmated ￿lIablY. Creditors and provisions afe reco8nlsed at thtir Séttlement amount. Conce$5iofiary loans are induded at historic cost. Flnanclal Instrurnenls The Church only has flnanclal asset$ and Ilabllltles of a kind that qualify as baslc flnanclal Instruments. Ba$5c financial instrurnents are initially recognised attransaCtK>nvalue and sub5equentty measured at their settlement value. Penslons The charity contributes to a defined contributK)n scheff* for stsff. The amount ¢har8ed io tht statement of financial activities in respect of Fension costs ts the contr1bjt￿n5 payable for the year. Page 15 4EMMANUELCROYDO NOTES TO THE FINANaAL STATEMENT5 Year ended 31 December 2025 INCOME FROM: UNRESTrICTED R£STrICTED Restrkted Funds (Note 91 TOTAL FUNDS General Fund Development Fund 2025 2024 Oonatlons and lezades L)onations In¢ome tsx recoverable L•gacl•s 448,020 117.961 25.000 8,624 3,750 481,644 121,711 448,532 84,193 84,388 617,113 565,981 25,000 12,374 603.355 In¥eMmen Bank Int•r•st .175 8,175 15.163 15,163 23,338 23,338 23,795 23.795 Ch•rlt•ble aLtlvltle$ Church and C•ntr• l•ttlny Weddin8 and funeral fws Church •v•nts and activiti•s 42.655 3,308 7.518 53.481 42,655 3.308 7,518 53,481 29,811 2.920 16,179 48,910 Other sources Grant received Rental incom• from non.investm•nt pr¢)p•rti•s 900 1,200 2,600 1,200 1,200 2,ICKI 2,100 3,800 TOTAL INCOME 629.737 40.163 12,374 682.274 693,618 Page 16 .4EMMANUELCROYOO NOTES TO THE FINANCIAL STATEMENTS Year ended 31 Deeember 2025 3. EXPENDITURE ON: UNREsfAICTED AESTrICTEO TOTAL FUNDS rjeneral Oe¥elopmtht Fund Fund Funds (Noie 91 2025 2024 Charltable Acd¥Stlu: Mlsslon and other Charitsble Grants INote 121 Dlotesan contrlbutlon 80,S 172,800 224.106 35,588 83.59) 172.8 224,106 35.588 12.165 17.652 35.9)4 32.687 42.240 12.314 3.960 2.814 84,461 167,CQO 210.309 33.912 20.349 13,278 66,216 36.067 42,240 12.223 9.600 2.540 Staff Costs INote 41 Mlnistry expenses Activity expense5 AdmlnistratSon expenses Chjrch Runnln8 Costs C•ntre Runnlry4 Costs Building depreciat*)n Church House5 Runnlng Costs G¢)vernance Costs.. Audlt Fees 7,277 17.652 35,904 33.687 42,240 12,314 Other costs 2,814 TOTAL EXPE NDfwRE 623.303 45,240 7,277 675,820 698,195 4. sfAFF cosrs 202S 2024 Salarles Social security costs P•nslon contrilmrtions 208.754 10.710 4,642 195.303 10.622 4,384 224,106 210,309 The average number of employees employed the Church 2025 was 812024.91 There were no employees whose emoluments exceeded £60.(xxI12024: None) The total remuneratlon of the Key Managemert Pe￿onnel was £34.952 {2024'.£33.2691 Pthge 17 .4EMMANUELCROYOON NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2025 FIXED ASSETS FOR USE BY THE PCC and Bulld￿* Total cosr At l January 2025 Addltlon5 Disposals At 31 t)•¢•mb•r 2025 2.827.051 2,907,860 2,827.051 80,809 2.907.B60 DEPRECIATION At l January 2025 Charge for th• y•ar Llisposals At 31 r￿mb*r 2025 295.621 42.240 51.229 6.338 346.850 48,57B 337061 57.567 395.428 NEf800K VALU At 31 Oecember 2025 2.489,190 23.242 2,512.432 At 31 December 2024 2.531.430 29.580 2.561,010 The freehold land and buildinKS ¢ompri5e the Emmanuel Centre •nd th• chU￿h hous•s It 12 Hurst View Road, 5 Wdls Clos• and 35 Whitmead Close. 6. DEwfoRS 2025 2024 Income tax repayable Other debtors & prepayments 24.047 7.508 31555 42.894 68.151 111.045 7. CREDITORS: amounts fallin8 due within one year 2025 2024 Funds hekl on behaff of affiliated IWDUP5 Accruals and other creditors 3.158 11.817 14.975 3,158 27,705 30.863 P4* 18 4EMMANUELCROYDON NOTES TO THE FINANCIAL STATEMENTS Ye•r ended 31 Deeember 2025 8. ANALYSIS OF NET ASSETS BY FUND UNREsfRICTED RE5fRICTED Re5trirted Funds (Note 9) 2025 Generdl De¥elopment Fund Fund Total Tanglble fixed assets 23,241 2,489.191 2.512.432 Debtors Cash at bank and in hand 31.555 23S.794 267,349 31,555 702,222 733,777 439.561 439,561 26J67 26.867 Creditors Amounts falli￿ (kne within one year 114,9751 114.975 Net current assets 252374 439,561 26.867 718,802 Net assets 275,615 2.928,752 26,867 3.231,234 The Development Fund comwlses unrestrlcted funds ltypi¢alty recerved from legaclesl deslgnated to nvest In people. projects and properties in furtherance of Ernrnanuel's ministry. UNRESTRICtED RESTRI￿ED Restrkted Funds (Note 9) 2024 Genernl Fund Development Fund Total Tangible flxed assets 29579 2531.431 2,561,010 Debtors Cash at bank and in hand 46.657 218￿03 265,465 111,045 583,588 694,633 343,010 407.398 21,770 21,770 Creditors Amounts falli￿ the within one year 125,8631 {S.L￿} 130.863 Net current assets 239.602 402.398 21,770 663.770 Net assets 269.181 2933.829 21.770 3.224.780 Pay 19 ,4EMMANUELCROYOON NOTES TO THE FINANCIAL STATEMENTS Year ended 31 Dttember 2025 9. ANALYSIS OF RESTRICTED FUNDS C¥ried Forward 2025 F¢Mwwd Incrxm Expenthurn Transfers Cost of Lbving Fund Church wlth Warmth Fund Ll8hthouse Fund Youth Fund IOX186 2527 9.157 11,2091 11,5551 17051 13,8081 17,277 8,877 972 8,452 8.566 26,867 12,374 12.374 21.770 The Cost of Lrvln8 Fund pro¥ld•s small 4rdnts to supkY>rt people in financial need. Th• Church with Warnith Fund Pfovide5 fvndlnq t4)wafds the operational expenses of openlnl th• Emmanuel Centre to provide a I￿01M space for th¢ Community on one day per we•k. The Lighthous• Fund prryides fvThliry for ¥tv4ff¢i•S for childr•n and YOU￿ p￿pIt with additio￿1 needs. Th• Youth Fund prov1d￿ oranis towards the cost of youwv4 peo￿*,5 ump fees Bro￿ht Cxrled Fon¥ard 2024 Global Mission Fund Cost of Living Fund Church with Warmth Fund Lighthouse Fund 17681 {1,6271 11.341) 12,2861 16,0221 11,713 10,086 2,527 9,157 21,770 13.077 13.845 11,6341 11,6341 15,581 P*8e 20 .4EMMANUELCROYDON NOTES TO THE FINANaAL STATEMENTS Year ended 31 De￿rnbel 2025 10. RELATED PARTY TRANSACTIONS Apart from the Items dlsclosed beh)w. there were no dtsck)￿bk transactions in ￿spect of fflembers of the PCC, persons connected wlth them or otheT related parties. Two PCC mernbers. the Revd. Jon FeathÈrstone aThJ the Re¥d. David Grrffin. were provided wlth lfvin8 accommodation by the PCC One PCC member. the Revd. David Grrffin, rKel¥eil l*munerat￿n of £34,95212024.. £33.2691. The PCC paid one PCC member travellNw expenses of £73812024.. £NIII to attend a conlerencè of the Angllcan Chuich In Kenya. The PCC rtimbur5ed one PCC membei E5(X)12024.. £4051 for orB•n lessons. Mernbers who ser¥ed on ihe PCC duri￿ the year eave • toial of £109.346(2024.. E88.8791 to Church Funds. The PCC made a grant of £1,5(M)12024= £1.0￿1} to the Danfjel Sparyo-Mabb5 Fwndatlon, a tharity whlch employs a PCC member. Caz Hezth. The PCC made a grant of £5,25012024.. £5.5LKII to Chrlstian Family CorKern, a charlty of whkh a PCC member, Slmon Smith, is a TnJ5tee. The PCC made a grant of £l,00012024: £1.Oc￿l to Kkk London, a thaiity of Wthlch a PCC membtr. Pete Burt, ts Trustee. The PCC made 8¥•nls of E16.75012024: £17,500) to ￿pptsrt Simon French workin¢for Africa Inland Ml$Jbn. Hls spouse is a PCC mernber. The PCC pald tralnin8 course fees of £6.0(KI 12024.. £3.150l for the spouse of a PCC rnember, Pete 8urt. and £1,88012024.. £1,880) for the Revd. Jon Featherstone. 11. COMMrrMEKrs The ch￿￿h l•as•s a photocopier. The ￿$* was rentwed in 2023 and h•s twa y•ars r•mainlng. Lease paymertts fall due ￿ follows: 2025 2024 Amounts fallitw due within I year Amounts fall1￿ due betw•en 2 to 5 Y￿￿5 792 792 792 1,584 1,584 2,376 Pa¥e 21 .4EMMANUELCROYDON NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2025 12. DETAILS OF GLOBAL MISION FUND AND OTHER GRANTS Global Mtsslon Fund: 2025 2024 Support ofown Mlsslon hrtners Slmon French- Afrlca Inland Misslon Jack & Sarah Winterburn - European Christijn Mission Donald & Becky Kames*- Sèrving In Mission Ruth Kade Ministry- South Sudan Emily Speed - Splnnak*r Trust 16.750 6,OlXI 5,750 10,800 2,400 41,700 17,500 6,000 7,250 7,018 4,500 42.268 Re8ul*ly Supported s¢xI￿les Christian Family Concern Church Pastoral Aid Society Danlel Spargo-mabbs Found•tlon Fuslon 5,250 2.750 1,5ts) 5.500 2,500 1,000 1.400 1,000 1,750 2.500 3,000 5.250 3,750 1,400 29,050 Kick London Lan8ham Partnership Open Doors Salmon Youth Centr¢ SU CIS . Tajikistan TEAR Fund Universities & Coll•g•s thristian Fdlowship 1,000 2.750 5.250 4,250 1,500 30.750 Spedal Appe•ls Pmhrts Croydon Refu¢e Day Centre. CTBC Project Eypt Diocesan Association. C*af Unit Int•rnatlonal Netds- ￿pt Projert Students at Uyndan ThÈol08ical Colleges A Rocha International- Atewa Fo￿t Proj•rt In Gh•n• Other gift5 and grant5 1.000 1,000 1,900 1.900 1,343 1,750 250 2,690 1.712 2,000 738 8,140 8.143 Total Glow Mlsslon Fund Gr• 80,590 79,461 Development Fynd Gmt Dlma Hord?- Theological College 5UPF St Franus Church, Monks Hill - Youth Work•r 5.000 Totsl (hrltable Grants 83.5 84,461 fjrants made in 2024 Includ￿ £768 from gifts rerei¥ed which were by donor5 for particular Mission partners or projects. Page 22