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2025-12-31-accounts

St Peter's, Notting Hill

Report and Accounts Year ended 31 December 2025

The Ecclesiastical Parish of St Peter, Notting Hill

CHARITY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

Members of the Parochial Church Council

Ex Officio Members

Incumbent and chairman Patrick Allerton Church Wardens McKenzie Alexander (from 20th July 2025) Alexandra Gillum (until 20th July 2025) William Hortman Re/Elected Members Betty Campbell Kevin Edwards Matthew O'Regan William Clarke William Hortman Lianne Turner The following individuals were elected as members of the PCC in 2025 McKenzie Alexander (co-opted) Charlotte Knight Honor Douglas Miller Edward Martin Freddie Ghali The following individuals resigned as members of the PCC in 2025 Alexandra Gillum Alexandra Rogers Fransien Mensen Andrew Simmons Bernhard Ramseyer Custodian Trustees The London Diocesan Fund Charity Registration Number 1133807 Principal Address 59a Portobello Road London W11 3DB Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers Unity Trust Bank plc Four Brindleyplace Birmingham B1 2JB

Contents Page
Charity Information 2
Annual Report of the Members of the Parochial Church Council 3-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9-17
Detailed Statement of Financial Activities with Comparatives 18

Page 2

The Ecclesiastical Parish of St Peter, Notting Hill ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2025

The Members of the Parochial Church Council (the 'PCC'), who are the charity's trustees for the purposes of charity law, have pleasure in presenting their report together with the financial statements for the year.

Objects of the charity

The charity is responsible for co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church be it pastoral, evangelistic, social or ecumenical. The PCC is also responsible for maintaining certain church property situated within the parish, namely St Peter's Church, Kensington Park Road, London, W11 2PN.

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity's main activities and achievements were as follows:

2025 was yet another busy year for the church. We continued to see many people join the church even as we said goodbye to others.

Our 10.30am service went from strength to strength, getting around 120 adults and 20 children on average per Sunday by the end of the year.

We welcomed a number of new families and children to the church. Kayliana and Kirsty continue to do a great job caring for them.

The year started with another fantastic weekend away at the end of January when around 80 of us went away for brilliant Bible teaching, time with God, worship, and lots of fun together.

Easter was once again a very busy time for the church, with a wonderful walk of witness down the Portobello Road on Good Friday. But it was our Christmas services that stole the Show! Around 1000 people attended our outdoor carol service this year, the vast majority of which don’t normally come to our church. Then almost 350 attended our carols by candlelight service which was a stunning triumph.

This year saw the launch of our partnership with CAP, bringing Zac on board to help with that. A number of clients struggling with debt and financial issues have already been helped. Zac also helped pioneer a ministry called ‘Table’ which we received some funding for. It only lasted six months though. Our partnership with Glass Door in the Winter was also hindered by our church boiler going on the blink!

Alpha ran twice in the year, seeing a number of people come to faith, go deeper in their faith, and take the next step on their journey. Alongside this, life groups continued to run on Tuesday nights, focusing on Bible study, prayer, and deepening friendships.

We also made some investments in the year, fixing and refurbishing the toilets, repairing the boiler, replacing some carpets and buying some quality cameras with which to record our sermons on a Sunday.

Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.

Page 3

The Ecclesiastical Parish of St Peter, Notting Hill ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31 DECEMBER 2025

In planning the activities the PCC have applied the guidance on public benefit issued by the Charity Commission.

Structure, Governance and Management

The charity is registered with the Charity Commission and operates under the Charities Act 2011. The governing documents for the charity are the Parochial Church Councils (Powers) Measure 1956 (as amended) and the Church Representation Rules.

The appointment of PCC members is governed by, and set out in, the Church Representation Rules. The PCC comprises ex-officio members (which includes clergy and churchwardens), elected members and co-opted members. Members are elected at the Annual Parochial Church Meeting (APCM) to fill vacancies.

Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the PCC who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a management team led by the incumbent.

Financial review

General funds:

General income reduced by £2,300. General expenditure increased by £53,900 and funds were also transferred to a designated fund, when combined this resulted in a net decrease of £24,300 in general funds fund at the end of the year. Expenditure increased primarily due to the additional staff costs and some major repairs to the church. The fund balance was £140,400 at year end (2024: £164,700).

Restricted funds:

Restricted fund balances decreased by £16,000 in the year, due to an decrease in donations and increase in expenditure. The fund balance was £8,000 at year end (2024: £24,100).

Designated funds:

The fixed asset fund balance reduced to £59,600 during the year due to the depreciation of assets.

Total funds:

Overall, total income decreased by £11,400. Total expenditure increased by £68,000 compared to the previous year, due to increased expenditure of general and restricted funds. Combined, total fund balances decreased by £69,300 to £227,400.

Reserves policy

The PCC have determined that the charity should aim to hold unrestricted, general funds of about 3 months' of unrestricted expenditure (£100,000) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted general funds of £140,400 which is greater than the target level, however there is a quintennial inspection due in 2026.

Key risks and uncertainties

The charity is exposed to various risks - be they operational, financial or reputational. The PCC review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. The PCC consider different categories of risk, namely risks related to financial, regulatory, statutory, safeguarding, legal and operational matters.

Page 4

The Ecclesiastical Parish of St Peter, Notting Hill ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31 DECEMBER 2025

Other matters

With regard to the PCC’s obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

Plans for the future

We will start 2026 with our annual weekend away at the end of January, which is always a great way to start the year. We will be welcoming Benjamin to the team who will be taking on the role of our new Worship Pastor, after Joe sadly left us in December. Everything else will continue this year, with plans for a new monthly evening service but in a different format!

The next quinquennial inspection is due to be held in May 2026; when the findings have been reviewed, the members of the PCC will take appropriate action.

Statement of Responsibilities of the Members of the Parochial Church Council

The PCC is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources for the financial year. In preparing these financial statements, the PCC are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material

departures disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate to presume

that the charity will continue in operation.

The PCC is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the PCC and signed on their behalf by:

Pat Allerton

_______Pat Allerton (May 15, 2026 14:01:55 GMT+1) Reverend Patrick Allerton

Date: May 15, 2026

Page 5

INDEPENDENT EXAMINER'S REPORT

TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF

The Ecclesiastical Parish of St Peter, Notting Hill ('the Charity')

I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2025 on pages 7 to 18 following, which have been prepared on the basis of the accounting policies set out on pages 9-11.

Responsibilities and basis of report

As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

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

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin (May 18, 2026 12:48:29 GMT+1)

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: May 18, 2026

Page 6

The Ecclesiastical Parish of St Peter, Notting Hill

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investment income
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 Unrestricted
Funds
£
263,168
81,390
24,874
3,195
372,627
433,524
433,524
-
(60,897)
7,630
(53,267)
(53,267)
272,681
219,414		 Restricted
Funds
£
8,823
-
-
-
8,823
17,227
17,227
-
(8,404)
(7,630)
(16,034)
(16,034)
24,054
8,020		 Total
Funds
2025
£
271,991
81,390
24,874
3,195
381,450
450,751
450,751
-
(69,301)
-
(69,301)
(69,301)
296,735
227,434		 Total
Funds
2024
£
270,637
77,899
43,527
762
392,825
382,728
382,728
-
10,097
-
10,097
10,097
286,637
296,735

The accounts include rounding differences of up to £1.

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 9-17 form part of these accounts.

Page 7

The Ecclesiastical Parish of St Peter, Notting Hill

BALANCE SHEET

AS AT 31 DECEMBER 2025

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
14
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
59,595
59,595
26,806
167,147
193,953
(34,134)
159,819
219,414
219,414
140,420
78,994
219,414
-
219,414		 Restricted
Funds
£
-
-
-
8,020
8,020
-
8,020
8,020
8,020
-
-
-
8,020
8,020		 Total
Funds
2025
£
59,595
59,595
26,806
175,167
201,973
(34,134)
167,839
227,434
227,434
140,420
78,994
219,414
8,020
227,434		 Total
Funds
2024
£
88,690
88,690
20,395
219,920
240,315
(32,270)
208,044
296,735
296,735
164,691
107,990
272,681
24,054
296,735

The accounts include rounding differences of up to £1.

The financial statements were approved by the members of the PCC and were signed on its behalf by:

Pat Allerton

Pat Allerton (May 15, 2026 14:01:55 GMT+1)

______ Reverend Patrick Allerton

Date: May 15, 2026

Charity number: 1133807

The notes on page 9-17 form part of these accounts.

Page 8

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Statutory Information

The Parochial Church Council of the Ecclesiastical Parish of St Peter, Notting Hill is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded.

These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities, particularly church services. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Income from other trading activities represents income from church lettings which are not related to the objects of the charity.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from Fees retained by PCC for weddings and funerals, Fees for courses, groups and events, and church lettings for charitable purposes.

Investment income represents income generated by the charity's assets and comprises bank interest.

Page 9

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year. Any contributions that have not been paid over by the year end are included as a creditor.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred.

Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Investments

Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are investments that are held specifically for sale or are investments that the charity expects to sell by the next balance sheet date. Investments, other than social investments (see below), are valued as follows:

g) Leased assets

Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

h) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

i) Taxation The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

Page 10

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

k) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

l) Critical accounting estimates and areas of judgement

3 Donations and legacies

Donations of cash or similar
Income tax recoverable
Grants
Government grants (note 3b)
Donations in kind (note 3a)
ations in kind comprise:
Donated facilities		 Unrestricted
£
215,440
33,169
-
1,058
13,500
263,168		 Restricted
£
2,500
-
6,323
-
8,823		 2025
£
217,940
33,169
6,323
1,058
13,500
271,991
2025
£
13,500
13,500		 2024
£
215,388
39,133
2,617
13,500
270,637
2024
£
13,500
13,500

a Donations in kind comprise:

Donated facilities comprise of office space that that has been made available rent-free where parish staff are based.

b Government grants comprise:

Listed Places of Worship grants
me from charitable activities
Fees retained by PCC (weddings, funerals etc)
Fees for courses, groups and events
Church lettings
r trading activities
Church lettings (non-charitable objectives)		 Unrestricted
£
1,058
1,058
Unrestricted
£
687
21,286
59,417
81,390
Unrestricted
£
24,874
24,874		 Restricted
£
-
-
Restricted
£
-
-
-
-
Restricted
£
-
-		 2025
£
1,058

1,058
2025
£
687
21,286
59,417
81,390
2025
£
24,874
24,874		 2024
£
2,617
2,617
2024
£
434
20,868
56,597
77,899
2024
£
43,527
43,527

5 Other trading activities

Page 11

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

6 Charitable expenditure

a
Costs incurred directly on specific activities
Ministry expenses:
Parish share
Ministry staff costs
Clergy expenses
Church services and activities
Mission Giving and Donations (note 6c)
Property expenses:
Operational costs for church
Major repairs and renewals to church
Donations in kind expensed (note 3a)
Property staff costs
Operational costs of clergy accommodation
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Support staff costs
Staff training, development and recruitment
Printing, postage and stationery
Bank charges and fundraising cost
Professional fees
Licences and Subscriptions
Depreciation of tangible fixed assets
Insurance
Total expenditure		 Unrestricted
£
99,980
69,440
1,254
39,198
22,655
232,527
41,031
22,052
13,500
18,116
363
95,062
327,589
2,520
2,520
49,660
2,767
1,383
1,630
678
2,313
36,725
8,257
105,934
433,523		 Restricted
£
-
9,657
-
1,656
-
11,313
2,082
3,832
-
-
-
5,914
17,227
-
-
-
-
-
-
-
-
-
-
-
17,227		 2025
£
99,980
79,097
1,254
40,854
22,655
243,840
43,113
25,884
13,500
18,116
363
100,977
344,816
2,520
2,520
49,660
2,767
1,383
1,630
678
2,313
36,725
8,257
105,934
450,750		 2024
£
91,300
49,472
1,149
34,593
33,783
210,297
46,628
-
13,500
18,050
1,463
79,640
289,937
2,400
2,400
39,716
1,302
1,677
887
685
2,486
35,415
8,222
92,790
382,728

The fee payable to the independent examiner for examining the accounts was £2,520 (2024: £2,400).

Staff costs include charges from St Peter's Hall (1991) Charity during the year.

The parish share contribution was paid to the Ephesian Fund: £99,980 (2024: £91,300).

c Mission Giving and Donations

Grants for UK and overseas mission
The comparatives for the previous year are as follows:
Grants for UK and overseas mission		 Institutions
£
9,115
9,115
Institutions
£
18,796
18,796		 Individuals
£
13,540
13,540
Individuals
£
14,987
14,987		 2025
£
22,655
22,655
2024
£
33,783
33,783

Page 12

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

The charity's principal grants to institutions comprised:

charity's principal grants to institutions comprised:
Diocese of London
Glass Door
Help the Persecuted
Grants to institutions for less than £1,000 each		 2025
£
1,520
-
7,595
-
9,115		 2024
£
1,500
2,431
14,865
-
18,796

During the year the charity received and paid £2,300 to Glass Door Homeless Charity, for funds held as an agent.

ysis of staff costs, the cost of key management personnel and trustee remuneration
Gross wages and salaries
Social security
Pension costs		 2025
£
153,032
2,034
4,360
159,426		 2024
£
111,681
682
3,064
115,427

Staff costs include £12,553 (2024: £8,190) charged to St Peter's Hall (1991) Charity during the year.

Staff costs include £30,975 (2024: £30,572) charged from St Peter's Hall (1991) Charity during the year.

The average monthly number of employees during the year was 6 (2024: 6). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

P Allerton (a clergy member of the PCC) receives a stipend from the Diocese and so is not an employee. P Allerton is provided with accommodation (which is customary for clergy). Some of the Parish Share is used to help meet the stipendiary costs and clergy housing. Additional costs of the accommodation to the PCC are disclosed in note 6 'Charitable expenditure'. The charity also reimbursed expenses to P Allerton; these costs are disclosed under the heading 'Clergy expenses'.

P Allerton (a clergy member of the PCC) is considered to be key management. During the year key management received employment benefits totalling £Nil (2024: £Nil).

No member of the PCC received employment benefits in either the current or preceding year.

8 Tangible fixed assets

Cost
At 1 January 2025
Additions
At 31 December 2025
Accumulated depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Fixtures,
fittings and
equipment
£
177,077
7,630
184,707
88,386
36,725
125,112
59,595
88,690		 Total
2025
£
177,077
7,630
184,707
88,386
36,725
125,112
59,595
88,690

Page 13

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

9 Debtors

Falling due within one year:
Trade debtors
Tax recoverable
Other debtors
Prepayments and accrued income
10
Cash at Bank and in Hand
Cash at bank with immediate access
Cash (in hand)
11
Creditors: liabilities falling due within one year
Trade creditors
Other creditors
Accruals
Deferred income
12
Deferred income
Within one year
After one year
The income deferred at the period end will be released to income over the following periods:
Amount released to income
Deferred income comprises the following:
Balance at the beginning of the reporting period
Amount deferred in year
Balance at the end of the reporting period		 2025
£
615
497
133
25,561
26,806
2025
£
175,031
136
175,167
2025
£
3,219
5,169
7,319
18,427
34,134
2025
£
13,256
(13,256)
18,427
18,427
18,427
-
18,427		 2024
£
1,344
402
-
18,648
20,395
2024
£
219,341
579
219,920
2024
£
7,337
6,681
4,996
13,256
32,270
2024
£
10,038
(10,038)
13,256
13,256
13,256
-
13,256

The balance at the beginning of the reporting period includes lettings income received in advance £3,457 (2024: £2,548). The balance at the beginning of the reporting period includes income from event tickets received in advance £9,799 (2024: £7,490). The balance at the end of the reporting period includes income from lettings received in advance £2,388 (2024: £3,457).

The balance at the end of the reporting period includes income from event tickets received in advance £16,039 (2024: £9,799).

13 Pension commitments

During the year employer’s pension contributions totalling £4,360 (2024: £3,064) were payable to defined contribution personal pension schemes. Pension contributions were owing at the balance sheet date £613 (2024: £2,091).

Page 14

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

14 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Redevelopment fund
Charitable giving fund
Fixed asset fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Façade Restoration
Church Restoration
Social media fund
Other restricted funds
Aggregate of funds		 Opening
balance
2025
£
10,300
9,000
88,690
107,990
164,691
272,681
3,977
3,832
12,500
3,745
24,054
296,735		 Incoming
resources
2025
£
-
-
-
-
372,627
372,627
-

-
-

8,823
8,823
381,450		 Outgoing
resources
2025
£
-
(9,959)
(36,725)
(46,685)
(386,839)
(433,524)
-
(3,832)
(827)
(12,568)
(17,227)
(450,751)		 Transfers
in the year
2025
£
10,059
7,630
17,689
(10,059)
7,630
-
-
(7,630)
-
(7,630)
-		 Closing
balance
2025
£
10,300
9,100
59,595
78,994
140,420
219,414
3,977
-
4,043
-
8,020
227,434

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
-
59,595
26,806
-
147,748
19,399
(34,134)
-
140,420
78,994
Unrestricted Funds		 Restricted
funds
£
-
-

8,020
-
8,020		 2025
£
59,595
26,806
175,167
(34,134)
227,434

The transfers referred to above were made for the following reasons:

a) to increase the amount ring fenced for this purpose

b) to purchase fixed assets from restricted funds

Page 15

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Redevelopment fund
Charitable giving fund
Fixed asset fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Façade Restoration
Church Restoration
Social media fund
Other restricted funds
Aggregate of funds		 Opening
balance
2024
£
10,300
10,461
124,106
144,866
131,677
276,543
5,802
4,292
-
10,094
286,637		 Incoming
resources
2024
£
-
-
-
374,960
374,960
365
-
12,500
5,000
17,865
392,825		 Outgoing
resources
2024
£
-
(10,461)
(35,415)
(45,876)
(332,947)
(378,823)
(2,190)
(460)
-
(1,255)
(3,905)
(382,728)		 Transfers
in the year
2024
£
-
9,000
-
9,000
(9,000)
-
-
-
-

-
-
-
 Closing
balance
2024
£
10,300
9,000
88,690
107,990
164,691
272,681
3,977
3,832
12,500
3,745
24,054
296,735

The transfers referred to above were made for the following reasons:

a) to increase the amount ring fenced for this purpose.

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
-
88,690
20,395
-
176,566
19,300
(32,270)
-
164,691
107,990
Unrestricted Funds		 Restricted
funds
£
-
-
24,054
-
24,054		 2024
£
88,690
20,395
219,920
(32,270)
296,735

Designated funds

Redevelopment Fund : this was created from legacies which have been set aside for future capital works on the church in the coming years.

Charitable giving Fund : this was created to set aside additional funds for future mission giving.

Fixed Asset Fund : this was created for equipment purchases to be depreciated in the coming years.

Restricted funds

Façade Restoration Fund : this was created from donations received to restore the church façade. From time to time transfers are made from unrestricted funds to this restricted fund so as to increase the amount ring fenced for this purpose.

Church Restoration Fund : this was created from legacies received for future capital works on the church in the coming years. Social Media Fund : this was created from donations received to invest in social media.

Other Restricted Funds: this was created from donations received to invest in a new sound desk and specific employment costs. In 2025 donations and grants were also received to run CAP and Table ministries.

Page 16

The Ecclesiastical Parish of St Peter, Notting Hill

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

No expenses (2024: £Nil) were paid to, or for, non-clergy members of the PCC.

During the year the following transactions took place between the charity and St Peter's Hall (1991) Charity. Members of the PCC, P Allerton and F Ghali also acted as trustees of St Peter's Hall (1991) Charity.

At the balance sheet date the charity was owed £69 (2024: £Nil) from St Peter's Hall (1991) Charity.

During the year the following transactions took place between the charity and the Custodian Trustee.

Page 17

The Ecclesiastical Parish of St Peter, Notting Hill

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other income
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Other
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 General
Designated
2025
2025
£
£
263,168
-
81,390
-
24,874
-
3,195
-
372,627
-
386,839
46,685
-
386,839
46,685
-
-
(14,212)
(46,685)
(10,059)
17,689
(24,271)
(28,996)
(24,271)
(28,996)
164,691
107,990
140,420
78,994
Unrestricted funds		 Restricted
2025
£
8,823
-
-
-
8,823
17,227
17,227
-
(8,404)
(7,630)
(16,034)
(16,034)
24,054
8,020		 Total
2025
£
271,991
81,390
24,874
3,195
381,450
450,750
-
450,750
-
(69,300)
-
(69,300)
(69,300)
296,735
227,434		 General
Designated
2024
2024
£
£
252,772
-
77,899
-
43,527
-
762
-
374,960
-
332,947
45,876
-
-
332,947
45,876
-
-
42,013
(45,876)
(9,000)
9,000
33,013
(36,876)
33,013
(36,876)
131,678
144,866
164,691
107,990
Unrestricted funds		 Restricted
2024
£
17,865
-
-
-
17,865
3,905
-
3,905
-
13,960
-
13,960
13,960
10,094
24,054		 Total
2024
£
270,637
77,899
43,527
762
392,825
382,728
-
382,728
-
10,097
-
10,097
10,097
286,638
296,735

The accounts include rounding differences of up to £1.

Page 18