Charity number.. 1134394
QIC.F{TNe
copy
THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR,
QUEEN SQUARE WITH HOLY TRINITY, HOLBORN AND BARTHOLOMEW
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Gsfi&co
Griffin Stone Moscrop I Co
IQQ YEARS

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
CONTENTS
Page
Reference and admlnlstrative details of the Charity* its PCC members and advlsers
Tru5tees' report
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
10-24
Griffin Stone Noscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS PCC MEMBERS ANDADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2025
PCC member$
Jamie Hailh, Re¢tor
Peter Howarth
Shaun Port, Church warden
Cheh Kuan Tai (resigned 18 May 20251
Ben Towers, Co-opted
Sally Jones. Co-tspled
Jack Driver-szekely Iresigned 4 April 20251
Linda Alexander
David Hilborn
Sheila Daibo {resioned 18 May 20251
Naslassja Smart lappoinled 18 May 2025}
Domini¢ Wheeler lappoinled 18 May 20251
Charlty registered number
1134394
Prln¢lpal offlc&
Sl George's Church
44 Queen SqLtare
London
WC1N 3AH
Accountants
Griffin Stone Moscrop & Co
Chartered Accounlanls
21-27 Lamb's Conduit Street
London
WC1N 3GS
Page 1
Griffin Stone M05crop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND 8ARTHOLOMEW
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees present their annual report together with the financial statements of the Charity for the year 1
January 2025 10 31 December 2025.
Oblectlves and activities
a. Pollcles and objectives
The parish church of Saint George the Martyr, QLJeen Square sils 'at the heart of London with London on ils
heart,. Our vision is lo reach out with kindness, comp8ssion and creativity, introducing all those who live, work
and play in central London to Jesus Christ and his love. The worshipping community is the most biblical and
most effective way of doing this, and il is our delight and honour that this community gels lo worship in a truly
stunning building. Established as a parish church in 1723, our building remains a haven ol peace and beauty, a
sanctuary amidst the bustle of modern life. We b&lieve that over 300 years of Christian worship on one sile is
very special,. our heartfelt prayer is that the congregation will grow ill ils size and maturity, and the building be
restored in its splendour.
b. Charltable status and public benefit
The PCC has considered the Charity Commission's guidan¢e on public benefrt and, in particular, the specific
guidance on charities for the advancement of religion and is satisfi'ed that the aclivilies of Saint George the
Martyr fall within such guidance.
. Govgrnance and Internal Control
The PCC has considered financial governance issues in the year and has maintained the sel of aulhorisalion
limits under which the PCC, Executive Committee and staff authorise expendrture. Management accounts are
produced on a quarterly basis lo enable the PCC lo monitor the financial position of the church.
Achievom8nts and performance
a. Revlew of activities
The full PCC mel seven limes during the year, with an average level of allendance of 78'/.. The PCC is
responsiblo for the finances of the Church, the production and implementation of slalulory policies, and the
general oversight and management of the Church. Details of the Church's finances are sel out in the financial
review Ibelowl, and the Church Accounts latlachedl. The PCC delegates the day-to-day running of the Church lo
the Church staff, allowing them lo focus on vision and oversight.
Time has been given lo discussing issues relating lo the church's current and future financial situation as plans
are made for full building repair and redevelopment. We have also been focussed on reviewing the use Df a
tertiary piece of land that is owned by the church, with a view lo restoring il and increasing its future potential.
As al 20 May 2025, the Saint George the Martyr Electoral Roll stood al 47. This represents reasonable growth
from 2025, bul indicates we still have work lo do lo enable this church lo fulfil its potential.
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Griffin Stone Moscrop& Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2025
Flnanclal revlew
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adoquale
resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial slatemenls.
b. Financial results
Nel movement in funds for the year amounted to a surplus of £314,64212024'. surplus of £31,323). Restricted
funds carried forward amounted lo £38.485 12024.. £5,104). Unreslrided funds al the yaar-end amounted lo
£1.069.82612024.' £788,565).
c. Investment Powers. Pollcy and Performance
The church ensures that all funds are available for ils ongoing ministry. Interest received from the bank accounts
in the year lolalled £18,31012024. £9,081).
Stru¢turO1 governance and management
a. Constltutlon
Saint George the Martyr is an Anglican Church in the South Camden Deanery, under the Edmonton Area and
part of the Diocese of London. The Parochi81 Church Council is a corporate body established by the Church Df
England. The PCC operates under the Parochial Church Council Powers Measure. 11 has the responsibility of co-
operating with the Rector, James Hailh, in promoting in the ecclesiastical parish the whole mission of the
Church, pastoral, evangelistic, social and ecumenical. The appointment of PCC members is governed by and set
out in the Church Representation Rules. A Health and Safely Policy Ireviewed annually) is circulated lo and
approved by the PCC. Represenlalives from those involved in Children's work regularfy attend child protection
training organi5ed by the Diocese and there is a Child Protection Policy in place.
b. Risk management
The Iruslees have a duly to identify and review the risks to which the tharity is exposed and to ensure
appropriate controls are in place lo provide reasonable assurance against fraud and error.
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Grfffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2025
Stat&m&nt of Trustees, responslbllltles
The Trustees are responsible foi pieparing the Trustees, report and the financial slalements in accorLlance with
applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting
Praclicel.
The law appli¢3ble lo charities in England & Wales requires the Trustees lo prepare financial statements for
each financial which give a true and fair view of the slate of affairs of the Ch8rily and of its incoming resources
and application of resources, including ils income and expenditure. for that period. In preparing these financial
statements. the Trustees are required lo..
select suitable accounting policies and then apply them consistently..
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial slalemenls.,
prepare the financial slalernents on the going concern basis unless i( is inappropriate to presume that the
Charity will continue in business.
Tho Trustees are responsible for keeping adequa16 accounting records that are sufficient lo show and explain
the Charills transactions and disclose with reasonable accuracy at any lime the financial position of the Charity
and enable them lo ensure that the financial statements Comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisitsns of the Charity Commission Scheme. They are also
responsible for safeguarding the assets of the Charty and hence for taking reasonable steps for the preventlDn
and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 7 June 2026 and signed on their behalf by,.
Jo
ie Haith
ruslee
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
Independent examlner's report to the Trustees of The PCC of E¢¢lesiastical Parish of St George
The Martyr, Queen Square with Holy Trinity, Holborn and Bartholomew I'the Charity'l
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31
De￿mber 2D25.
Ro$ponsibilitie$ and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wlh the
requirements of the Charities Act 20111'lhe 2011 Act'l.
I report in respect ol my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
soction 14515}Ibl of the 2011 Act.
Independent examlner's statement
Since the Charity's gr05s income exceeded £250,000 your examiner musl be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member
of ICAEW. which is one of the listed bodies.
Your allenlion is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference lo the Accounting and Reporting by Charities.. Slalement ol Recommended Pra¢lice issued on 1 April
2005 which is referred to in the extant re9ulalions bul has been withdrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come lo my attention in connection with Ihg
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concernin9 the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and faiff view which is not a matter considered as part of an independent
examination.
I have no cOn￿rn$ and have Come across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understsnding of the accounts lo be reached.
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Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2025
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reportsl Regulations 2008. My work ha5 been undertaken so that I might stale lo the Charills
Trustees those matters l am required lo slate lo them in an independent examinerfs report and lor no other
purpose. To the lullesl extent permilled by law, I do not accept or assume responsibility 10 anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
Dated.. 7 June 2026
Robert Smith
FCA
Grlffln Stone Moscrop & Co
Chartered Accounlanls
21-27 Lamb's Conduit Street
London
WC1N 3GS
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Griffin stone Moxrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
Unrestricted
funds
2025
Rostrlcted
funds
2025
Total
funds
2025
Tolal
funds
2024
Note
Income from:
Donations and legacies
Other trading activities
Investments
532,856
36,330
35,492
33.381
566,237
36,330
35,492
261,690
75,396
18.414
Total Income
604,678
33,381
638,0S9
355,500
Expendlture on..
Raising funds
Charitable activities
1,294
322,123
1,294
322.123
2, 142
322.035
Total oxpendituro
323,417
323,417
324, 177
Net movement in funds
281.261
33.381
314,642
31,323
Reconciliation of funds:
Total funds brought forward
Net movement in funds
788.56S
281.261
5.104
33,381
793,669
314,642
762,346
31.323
Total funds carried forward
1,069,826
38.485
1,108,311
793,669
The Slalemenl of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 10 24 form part of these financial statements.
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Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
BALANCE SHEET
AS AT 31 DECEMBER 2025
2025
2024
Note
Fixed assets
Tangible assets
12
10,520
16.498
10,S20
16,498
Current asset5
Debtors
Cash at bank and in hand
13
149,588
956,255
56, 789
743,660
1,105,843
800,449
Current liabilities
Creditors.. amounts falling duè within one
year
14
18,0521
(23,278)
Nèt current ass&ts
1,097.791
777. 171
Total assets less current liabilities
1,108.311
793,669
Total net assets
1,108,311
793,669
CharÉty funds
Restricted funds
Unrestricted funds
16
16
38.485
1,069,826
5, 704
788,565
Total funds
1,108,311
793, 669
The financial slalemenls were approved and aulhorised for issue by the Trustees on 07 June 2026 and signed
on their behalf by..
Jamfe Haith
Trustee
The notes on pages 10 10 24 form part of these financial statements.
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Grlffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
Cash flows from operating actlvlti&s
Nel cash used in operating activities
179.981
56,278
Cash flows from investing activities
Dividends, interests and rents from investments
Purchase of tangible fixed assets
35,492
12,8781
18,414
(1,345)
Nat cash provided by investing activities
32,614
17.069
Cash flows from flnancing actlvltigs
Net cash provided by financing activltles
Change In cash and cash equlvalents in the year
Cash and cash equivalents at the beginning of the year
212,595
73,347
743,660
670,313
Cash and cash equivalents at the end of the year
956.255
743.660
The notes on pages 10 to 24 fomi part of these financial slalements
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Genèral Infomiatlon
The PCC ol Ecclesiastical Parish of St George The Martyr is a registered charity with the Charity
Commission in England & Wales Icharily number. 11343941. The registered office address is 44 Queen
Square, London, WC1N 3AH.
Accounting policies
2.1 Basis of preparatlon of financial statsments
The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalemenl of Recomrnended Practice applicable to charities
preparing their accounts in accordance with the Financia1 Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffecliv& 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared lo give a 'lrue and fair, view and have departed from
the Charities (Accounts and Reports) Rogulations 2008 only lo the extent required lo provide a 'lrue
and fairf view. Thi5 departure h85 involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities." Statement of Recommended
Pracli¢e effective from 1 April 2005 which ha5 since been withdrawn.
The PCC of Ecclesiastical Parish of Sl George The Martyr, Queen Square with Holy Trinity. Holborn
and Bartholomew rneels the definition of 8 public benefit entity under FRS 102. Assets and liabilities
are initially recognised al historical cost or transaction value unless otherwise slated in the relevant
accounting policy.
2.2 Income
All income is recognised once the Charity has entitlement lo the income, il is probable that the
income will be received and the amount of income re￿1vable can be measured reliably.
The recognition of income from legacies is dependent on establishing enlillement, the probability of
receipt and the ability lo estimate with sufficient accuracy the amount receivable. Evidence of
enlillemenl lo a legacy exists when the Charity has sufficient evidence that a gift has been left to
them Ilhrough knowledge of the existence of a valid will and the death of the benefaclorl and the
executor is satisfied that the property in question will not be rgquired lo satisfy claims in the eslale.
Receipt of a legacy must be recognised when it is probabl& that il will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed lo the
Charity, can be reliably measured.
Grants are included in the slalemenl of financial activities on a ￿CeIVable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the balance sheet. Where income is received in advance of enlillemenl of receipt. 115
recognition is deferied and included in creditors as deferred income. Where enlillemenl occurs
before income is received, the income is accrued.
Income lax recoverable in relation to investment income is recognised al the time the investment
income is receivable.
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accountlng policies Icontinuedl
2.3 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party. il 15 probable that a transfer of e¢onomi¢ benefits will be required in selllement and
the amount of the obligation can be measured reliably. Expenditure is Classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs. inclLJding support costs
invofved in undertaking each aclivily. Direct costs allribulable lo a single activity are allocated directly
lo that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consislenl with
the use of resources. Central staff costs arè allocal&d on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charrtable activities is incurred on directly undertaking the activities which further the
Charitls objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer 15 made except in those cases where the offer
is condition81, such grants being recognised as expendrture when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been mel al the year end are noted as a
¢ornmilment. bul not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on dep05il is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon nolificalion of the interest paid or payable by the
inslilulion with whom the funds are deposited.
2.5 Tanglbl& fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capilalised and recognised when fvlure e￿nOMiC
benefits are probable and the cost or value of the asset Con be measured reliably.
Tangible fixed assets are initially recognised at cost. After iecognilion, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any a¢¢umulated impaimient
losses. All costs incurred to bring a tangible fixed asset into f(5 intended working condition should be
included in the measurement of cost.
Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following bases..
Plant and machinery
Office equipment
Computer equipment
25°/o on cost
25Q/o on cost
250k on cost
2.6 Debtors
Trade and other debtors are recognised at the Settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting policies Icontinuedl
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.8 Llabilities and provisions
Liabilities are recognised when thore is an obligation al the balance sheet dale as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised al the amount that the Charity anlicipales il will pay lo Settle the debt or the
amount il has received as advanced payments for the goods or services il musl provide.
Provisions are measured al the best estimate of the amounts ￿qUired to sellle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The
unwinding of the dis¢oLJnl 1$ recognised in the slalement of financial 3clivilies as a finance cost.
2.9 Flnancial instrument5
The Charity only has financial assets and financial liabilities of a kind that qualrfy as basic financial
instruments. Basic finan¢ial inslrLJmenls are initially recognised at transaction value and subsequen15y
measured at their selllement value with the exception of bank loans which are subsequently
measured al amortised cost using the effective interest method.
2.10 Fund a¢¢ounting
General funds are unrèstrided funds which are available for use al tho discretion of the Trustees in
furtherance of the general objectives of the Char((y and which have not been designated for other
purposes.
Designated funds comprise unreslricled funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fvnd is sel out in the notes to the financial
slalemenls.
Restricted funds are funds which are lo be used in accordance with specrfic reslriclions impose(S by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is sel out in the notes lo the financial statements.
Investment income. gains and losses a￿ allocated lo the appropriate fund.
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Income from donations and legacles
Unrestrlcted Restrlctgd
funds
funds
2025
2025
Total
funds
2025
Donations
Legacie5
Grants
123,534
380,000
2,079
27,243
123,534
380,000
36,460
27.243
33,381
Grft Aid reclaimed
Total 2025
532.856
33,381
566,237
Unrestricted
fvnds
2024
R8slricted
funds
2024
Total
funds
2024
Donations
Legacies
Grants
159, 735
38.674
35,316
22,861
5, 104
164,839
38,674
35,316
22,861
Gift Aid wlaimed
Total 2024
256,586
5,104
261,690
Income from othèr tradlng actlvities
Income from fundralsing events
Unrestri¢ted
funds
2025
Total
funds
2025
Venue hire
Events
Other income
28,873
1,494
5,963
28,873
1,494
6,963
Total 2025
36,330
36,330
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Income from other trading activities Icontinuedl
Income from fundraisiny events Icontinuad
Unr&strict&d
funds
2024
Total
funds
2024
Venue hire
36,006
1,943
37,447
36,006
1,943
37,447
Events
other income
Total 2024
75,396
75,396
Investrnent income
Unre$trictad
funds
2025
Total
funds
2025
Rents receivable
Bank interest
17,182
18,310
17.182
18,310
Total 2025
35,492
35,492
Unreslricled
funds
2024
Total
funds
2024
Rents receivable
Bank interest
9,333
9.081
9,333
9,081
Total 2024
18,414
78,414
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Analysis of grants
Grants to
Institutions
2025
Total
fund5
2025
Total 2025
Grants lo
Institutions
2024
Total
funds
2024
Grants
555
555
Total 2024
555
555
Analysis of expendlture on charltsble a￿5VItIeS
Summary by fund type
Unrestrlcted
funds
2025
Total
202S
Church running costs
Diocesan Parish share
Ministry costs
Major repairs
210,928
25,000
7,329
78,866
210,928
25,000
7,329
78,866
Totsl 2025
322,123
322,123
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THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Analysis of &xpgnditure on charitable activities Icontinuedl
Summary by fund type Iconllnuedl
Unfftslricled
funds
2024
Total
2024
Church running costs
Diocesan Parish share
Ministry costs
291, 783
25,000
5,252
291, 783
25,000
5,252
Total 2024
322,035
322,035
Anatysi$ of expenditure by activlties
Activities
undertaken
directly
2025
Support
costs
2025
Total
funds
2025
Church running costs
Diocesan Parish share
Ministry costs
Major repairs
196,829
25,000
7,329
78,866
14,099
210.928
25.000
7.329
78,866
Total 2025
308,024
14,099
322,123
Activities
undert&ke
direclly
2024
Grant
funding ol
activities
2024
Support
costs
2024
Total
funds
2024
Church running costs
Diocesan Parish share
271,797
25,000
5,252
555
19,431
291, 783
25,000
5,252
Ministry costs
Total 2024
302,049
555
19,431
322,035
Page 16
Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Analysis of expenditure by actlvlties Icontlnuedl
Analysis of direct costs
Church
running
costs
2025
Dlocesan
Parish
share
2025
Ministry
costs
2025
Major
repairs
2025
Total
funds
2025
Tolal
funds
2024
Staff wsts
D&precialion
offi￿ Costs
Staff consultancy
costs
45,761
8,856
3,301
45.761
8,856
3.301
9,941
2,446
80.855
80.655
105,563
Property
insurance
Diocesan Parish
share
8.838
8,838
8,533
25,000
25,000
5,085
3,946
25,000
6.170
1, 727
Rectory costs
Ministries internal
Ministries
external
other church
related costs
SeNices and
worship
Cleaning
5.085
3.946
2,640
2,640
2,640
23.819
23.819
91,989
743
743
3,569
6,160
151
885
2,461
10,484
952
3.569
6,160
151
Training costs
Premises repair
and renewals
Project
management
Costs
Legal fees
Collingham
Gardens
repairs
2.414
30,970
33,384
7.630
5,775
5,775
8,220
8.220
25.628
42,121
42,121
Total 2025
196,829
25.000
7,329
78,866
308,024
302,049
Page 17
Griffin stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Anatysis of 8xpenditur8 by activlties Icontinuedl
Analysls of support costs
Church
runnlng
Costs
2025
Total
funds
2025
Total
funds
2024
Travel and subsistence
SunLlries
Telephone and inlemel
Advertising and marketing
Printing, PDslage and photocopier
Recruilmenl fees
Subscriptions
Governance costs
106
793
1,084
3,044
219
2,981
1,198
4,674
106
793
1,084
3.044
219
2.981
1,198
4,674
98
61
1.426
12. 130
482
1.311
3.923
Total 2025
14,099
14,099
79,431
Independent examiner's remuneration
2025
2024
Fees payable lo the Charty's independent examiner for the independent
examination ol the Charitys annual accounts
3,180
2,880
10.
Staff costs
2025
2024
Wages and salarie5
Social security costs
Contribution lo defined ¢ontribulion pension schemes
40,174
5,213
374
45,761
Page 18
Griffin Stone M05crop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
10. Staff Costs Icontlnu&dl
The average number of persons employed by the Charity during the year was as follows..
2025
No.
2024
No.
Employees
No employee received remuneration amounting to more than £60.000 in either year.
11. Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other bgnefts f2024- £NIL).
During the year ended 31 December 2025, no Trustee expenses have beeri incurred (2024- £NIL).
12, Tanglblg fixed a$$ets
Plant and
machlnery
Office
equipment
Computer
equipment
Total
Cost or valuatlon
Al 1 January 2025
Additions
247.413
3,574
5.296
2.878
256.283
2,878
Al 31 December 2025
247.413
3.574
8,174
259.161
Depreciation
Al 1 January 2025
Charge for the year
231,732
8.260
3.440
4S
4,613
651
239.785
8.856
At 31 December 2025
239,992
3,48S
5,164
248,641
Net book value
At 31 December 2025
7.421
89
3,010
10,520
Al 33 December 2024
15,681
134
683
16,498
Page19
Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
13.
Debtors
2025
2024
Due within one year
Other debtors
Propayments and accrued income
BO.000
69,588
310
56,419
149.588
56,789
14. Creditors.. Amount5 falling due within one year
2025
2024
Other creditors
Accruals and deferred income
1,818
6,234
23,278
8,052
23,278
15.
Financial instruments
2025
2024
Financial a55ets
Financial assets measured 81 fair value through income and expenditure
956.255
743,660
Financiol assets measured al fair value through income and expenditure comprise cash al bank.
Page 20
Griffin Stone Mosc
&Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
16. Statgment of funds
Statement of funds- current year
Balance at
31
De¢gmber
2025
Balance at 1
January
2025
Income Expendlture
Unrestricted funds
Deslgnated fund$
Working capital fund (lottery church works)
Legal designation
Collingham Gardens renewal fund
Development phase contribution match
funding
300,000
100,000
100,000
300.000
100.000
100,000
50,000
7,151
143,3341
13,817
550,000
7,151
(43.3341
513.817
General funds
General Fund
238,565
597,527
1280,0831
556,009
Total Unrestricted funds
788,565
604.678
{323,4171
1,069,826
Rgstrlctod funds
8uilding renewal projoct
5,104
33,381
38,485
Total of funds
793,669
638,059
1323,4171 1,108,311
Page21
Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
16. Statement of funds Icontinuedl
Statement of funds- prior year
8&lance al
31
December
2024
Balance al
1 January
2024
Income Expendilu
Unrestricted funds
Deslgnated funds
Working capital fund Ilottery church works)
Legal designation
Collingham Gardens renewal fund
Development phase contribution match
funding
300,000
100,000
100,000
300,(X)O
100,000
loo,000
50,000
50,000
550,000
550,000
General funds
General Fund
212,346
350,396
(324, 17TJ
238,565
Total UnroStrl¢lgd funds
762,346
350,396
(324, 1 TTJ
788,565
Restricted funds
Building renewal project
5, 104
5, 104
Total of funds
762,346
355,500
(324, 177)
793,669
Page 22
Griffin Stone Moscrop & Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR. QUEEN SQUARE WITH HOLY
TRINITY. HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
16. Statement of funds Icontlnued}
The reslricled fund represents fundraising income for matched funding for the HLF grant. These funds
have not been spent and will Ljllimately be spent on the building renewal project.
General funds lotalling £550,000 were designated in 2023 for various reasons..
Working capital fund Ilottery church worksl
Though we are applying for grants and doing fundraising, there is a lag between outlay and
reimbursement by the grant awarding body. So we need lo have the finance on hand lo make those large
building payments until the reimbursement comes through.
Legal designation
This is lo ensure we can manage polentl81 legal disputes in relation lo land we own and other parties,
interests in those lands.
Collingham Gardens renewal fund
We have a historic wall on Collingham Gardens within Sl George's Gardens. This needs to be repaired
and though there will be other parties contributing, we need lo ensure we can complete the works once
started in the event that those other parties do not pay immediately.
Development phase contribution match funding
Heritage Lottery Fund development phase. They require us lo pul up some money lor the development
alongside their grant portion.
17. Analysis of net assets betweon funds
Analysls of net assets between funds- current year
Unre$trlcted Restrlcted
funds
funds
2025
2025
Total
fund5
2025
Tangible fixed assets
Current assets
Creditors due within one year
10,520
1,067,358
18,0521
10,520
1,105,843
18,0521
38.485
Total
1,069,826
38.485
1,108,311
Page 23
Griffin Stone Mo%rop& Co

THE PCC OF ECCLESIASTICAL PARISH OF ST GEORGE THE MARTYR, QUEEN SQUARE WITH HOLY
TRINITY, HOLBORN AND BARTHOLOMEW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
18.
Rgconclllatlon of net movement Sn funds to net cash flow from oporaling activiti
2025
2024
Nel income for the year las per Slalement of Financial Acliviliesl
314.642
31,323
Adjustments for:
Depreciation charges
Dividends, interests and rents from investments
Decreasellincreasel in debtors
Decrease in creditors
8,856
135.4921
192,7991
115.2261
9,941
(18,414J
36.446
(3,018)
Nat cash provlded by operatlng activities
179,981
56,278
19. Analysls of cash and cash equivalents
2025
2024
Cash in hand
956,255
743,660
Total cash and cash equivalgnts
956.255
743,660
20. Analysls of changes In net debt
Atl
January
2025 Cash flows
At31
December
2025
Cash al bank and in hand
743,660
212,595
956,2SS
743,660
212.595
956,255
21. Related party transactions
During the year, lotsl don*ions made lo the church from members of the PCC lotalled £98,26012024 -
£82,829).
Page 24
Giiffin stone N05crop & Co