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2025-12-31-accounts

2025 Report and Accounts for the Parochial Church Council of St Barnabas Dulwich

Aims and Purposes

St Barnabas’ Parochial Church Council (PCC) has the responsibility of cooperating with the vicar, Revd Liz Barnett, in promoting, in the ecclesiastical parish of St Barnabas with Christ’s Chapel, Dulwich, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Objectives and Activities

In 2025, following wide consultation, the PCC refreshed our vision and Mission Action Plan (MAP). Our vision is ‘Sharing God’s Love, learning and growing together’, and our aim is for this to shine through everything we do.

Our four MAP objectives are ‘Whole Life Discipleship’ (we commit to encourage and enable one another to live out our lives as disciples of Christ through worship, service and learning); ‘Reaching Out’ (we commit to being outwardly focused, generous stewards of our time and resources as a witness to God’s love); ‘Pioneering Youth Work’ (we commit to enabling young people to flourish within our communities); and ‘Families & Children’ (we commit to deepen our work with families and children). In achieving these goals, we are mindful of stewarding our resources well, both material and immaterial, and of the importance of sound financial management.

Our activities in pursuit of these objectives include regular public worship and the provision of sacred spaces open to all, the teaching and promotion of Christianity, and pastoral work in the parish. Our clergy team leads religious assemblies in our local schools, and we run open events, meetings and activities for various age groups to enable us all to grow in faith.

When planning our activities for the year, we have considered the Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. Our stewardship of our finances and church buildings allows us to undertake the activities that achieve our charitable objects.

Achievements and performance

Services

In the spirit of St Barnabas ‘the encourager’, welcoming newcomers is a particularly important part of our mission, as families move into the area and others move away. A substantial part of our congregation lives outside the parish, drawn here by the vibrancy of our ministry. The 6-yearly renewal of the electoral roll took place in 2025, and at year-end it contained 210 names.

Our varied forms of worship enable us to be a home to all. The diverse range of liturgical experiences encompasses both new forms or ‘Fresh Expressions’ at St Barnabas and the Book of Common Prayer at Christ’s Chapel. We have also continued to live-stream our services, offering connection to members who, for various reasons, struggle to attend church in person.

Our main service at St Barnabas is a 10 a.m. Eucharist; the first Sunday of every month is a special Family Communion service, and we also have Choral Evensong at St Barnabas on this Sunday. We celebrate Eucharist during the week, and the church is open for prayer on weekdays.

Worship takes place in the Chapel every Sunday, with Holy Communion at eight o’clock. Matins is celebrated on the first Sunday, with Evensong taking place on the other Sundays. During term time, Dulwich College holds Choral Matins, Choral Eucharist and Choral Evensong services at the Chapel.

From our family services to worship at the Chapel, these varied styles broaden our appeal and enrich our ministry. We have also come together on special occasions for joint services, such as a joint Ascension Day service at St Clement with St Peter, where our associate priest, Revd Gemma Lau, is vicar, and a Christmas Eve midnight communion service at Christ’s Chapel.

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We are also a home for the schools that form such a key part of local life. Both the Foundation Schools (Dulwich College, Alleyn’s School and James Allen’s Girls’ School) and Dulwich Village Infants’ School hold services and concerts in our buildings.

We hold an important place in the lives of those in the parish; this year we held 22 funerals, baptised 32 children and married 9 couples.

Children and Youth Outreach

This year, we continued to welcome and encourage children and young people to join the life of the church. Our regular Sunday groups play a vital part in our children’s work, catering for children from babyhood to their last year at primary school. Activities draw on the Bible stories and encourage the children in prayer. We held a Messy Easter service and a Community Nativity Christmas service. These are Christ-centred services filled with creativity, hospitality and celebration. We ran Discover Communion! And Explore Confirmation courses leading to nine children taking communion for the first time on Pentecost Sunday, and twelve young people and one adult being confirmed.

In addition to these Sunday groups, we have groups that meet throughout the week during term time. The Dulwich Children’s Choir has 45 active members who join our congregation once a month for our Family Communion services. Dulwich Youth Choir encourages children to remain an integral part of our worship well into their secondary schooling. At the end of the year, we launched a new youth club for this age group. On Fridays, we run PlayTime!, our faith-based Friday group for 0-5s. Each year, including this one, has seen some PlayTime! baptisms as we welcome these families into the life of the Church.

The church continues its valuable links with Dulwich Village Infants’ School, whose Christian vision is encapsulated in ‘Flourishing with God in life, learning and love’.

Social Outreach Groups

We have continued to support local asylum seekers using our community facilities to provide a weekly meet-up event for them. The St Barnabas Prisoners of Conscience Group supports those imprisoned and persecuted for their faith across the world by sending cards and meeting regularly to exchange information, writing to governments and praying. Our monthly gathering for our older folk, Friends for Lunch, in partnership with local charity Link Age Southwark, has continued to meet monthly, providing friendship and fellowship.

During Lent and Advent, our midweek Bible Study group studied seasonal topics through reading Women of Holy Week by Paula Gooder and Listening to the Music of the Soul by Bishop Guli Francis-Dehqani.

Music

Our choirs at both St Barnabas and Christ’s Chapel are a wonderful addition to our worship and draw on the talent and enthusiasm of members of our congregation of all ages. This year, the Dulwich Children’s Choir flourished with 45 active choristers from school years 3 and above singing each Friday. Senior choristers in years 5 and above attend an additional rehearsal, enabling them to sing confidently alongside the Parish Choir, which continues to flourish.

A highlight for the whole choir was our residency in Norwich Cathedral. Over the course of the visit, we sang five choral services, including two led by choristers alone; one of these was particularly complex with a grand procession to mark the Feast of St Thomas. To process and sing in such a magnificent space was both humbling and deeply memorable, and the choir rose to the occasion with real maturity.

Closer to home, we were honoured to return to sing two Sunday services at Westminster Abbey at the end of July. Invitations of this nature reflect sustained commitment across the year, and it was gratifying to see the choir respond with such assurance.

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Christ’s Chapel Choir functions as a community choir, whose members attend the chapel to enjoy the Book of Common Prayer liturgy in quiet, warm, comfortable surroundings. We sing a wide variety of musical styles, largely dependent on the availability of singers. Regular organ recitals were a joy.

Plans for the Future

The appointment of Revd Liz Barnett as our vicar, and Revd Gemma Lau as Associate Priest, provided an opportunity to refresh our vision and Mission Action Plan. The recruitment of a Children and Families Worker funded by the Church of England’s Strategic Development Funding at the end of 2025, the launch of the youth group, and the enhancement of our worship and social outreach activities will give life to our MAP commitments. In 2026, we look forward to celebrating with our local community Project Phoenix, the 30th anniversary of the ‘new’ St Barnabas building, following a catastrophic fire in the old church in 1992.

Financial Review

For the year ending 31 December 2025, we recorded a deficit of £60,307 (£59,196 excluding restricted funds; £52,909 excluding depreciation costs). As a result of the deficit, overall (non-capital) funds fell from £100,577 at the end of 2024 to £40,270.

On the expenditure side, repairs and maintenance were significantly higher in 2025 (£44,165) than in 2024 (£29,350) due to the refurbishment of the organ as well as essential works following the Quinquennial Review (which will continue in 2026). Staff costs also increased with the employment of a bookkeeper. Other areas of expenditure (e.g. energy costs, non-staff music fees etc.) were broadly similar to 2024.

Total income (excluding bequests) was largely unchanged over the year (increasing from £575,413 to £577,881). Total donations (excluding bequests) fell from £270,025 to £264,290, largely driven by a significant reduction in one-off gifts and a reduction in donations received through ChurchSuite. Our income from lettings at the hall and church increased by £4,747 to £106,179, whilst net income from lettings of our Druce Road property (£46,173) and the Institute Fund (which lets out a building in Townley Road) (£115,830) were broadly unchanged.

The donations, along with additional income from lettings and legacies, have allowed the PCC to continue the wide range of activities in line with our Mission Action Plan, as well as our pledged contribution to Southwark’s Ministry Fund, which increased by just under 1.8% this year. We are very grateful for the commitment of those who have so generously donated to the running of the church, allowing this to happen. However, we note the persistent shortfall between income and expenditure, which needs to be addressed to ensure our finances are sustainable over the medium and long term. Looking forward, we will take action to maximise our lettings revenue; ensure our capital assets are managed to maximise a consistent yield; and manage our costs efficiently (we recently fixed our energy contracts for 2 years at a reduced rate) and identify further savings. We are also looking hard at how we can encourage further voluntary income, particularly regular planned giving.

Reserves policy

It is PCC policy to try to maintain a balance on free reserves (net current assets), equating to at least three months' expenditure, currently £154,000. This is the minimum level of working capital needed to manage our cash flow and particularly to meet our monthly payments to the Diocese.

The balance of the free reserves on unrestricted funds at the year-end was £35,364. £4906 is additionally retained at the year-end in restricted funds.

Volunteers

The work of the PCC would not be possible without the volunteers who enable so many of our activities.

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The PCC members and officers themselves give their time and expertise to the management of the charity and members of the congregation, led by the Churchwardens and Deputy Churchwarden, extend a welcome to all those who attend our services, lead our singing as part of the choir, run our Sunday groups for children, help administer the Eucharist, lead study and discussion groups, keep our Electoral Roll, run our Friends for Lunch for our older members, manage our finances, keep our gardens looking their best, make the coffee, count the collections, and much more besides. Such joyful commitment is an inspiring expression of our shared faith.

Safeguarding

Alison Davidson has continued as our Parish Safeguarding Officer (PSO) over the past year. DBS checks need to be renewed every 3 years, which aligns with training, which needs to be repeated every 3 years. DBS checks have been carried out on all children’s group volunteers. Each new group is given a risk assessment and discussion regarding the required DBS levels, confidential declarations and training. Alison has undergone specific PSO training at the Diocese and has also undertaken Leadership Training (C2). PCC members and Sunday school leaders are expected to undertake C0 and C1 training, and those in Leadership positions must also undertake C2 training. As with other parishes in the Diocese, we experienced a hiatus in DBS checks following the serious data breach in August involving our previous DBS provider and their subsequent suspension by the Diocese.

Each year (in January), the PCC signs a formal adoption of the House of Bishops' ‘Promoting a Safer Church: safeguarding policy statement’, covering children, vulnerable adults, and domestic abuse. The Code of Safer Working Practice is also formally reviewed and adopted at this time. In addition, we completed and submitted the Diocese of Southwark Parish safeguarding annual self-audit in March and continued to work through the action plan. Registers of Sunday children’s groups are taken, along with the adults and volunteers taking that group that day, as per Diocesan advice. All activities on church premises need to have a risk assessment undertaken and documented. Regular safeguarding meetings are held throughout the year between the PSO and clergy. The PCC received the annual safeguarding report and adopted safeguarding policies for a further 12 months in January.

Structure, governance and management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

The method of appointing PCC members is set out in the Church Representation Rules. At St Barnabas, the membership of the PCC consists of the incumbent (our vicar), our curate, our assistant priest and the chaplains of Alleyn’s School and Dulwich College, the churchwardens of St Barnabas with Christ’s Chapel, our elected members of Deanery Synod and lay members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services are encouraged to register on the Electoral Roll and to stand for election to the PCC. Elections are for a term of three years

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including how the PCC's funds are to be spent. New members receive an induction on appointment. The full PCC met six times during the year. The Standing Committee, which also meets regularly, oversees how the PCC carries out its duties. Minutes of PCC meetings are displayed on the notice board in the welcome area, at Christ’s Chapel and are available on the St Barnabas website.

Administrative information

The Parish of St Barnabas Church with Christ’s Chapel, Dulwich, is part of the Diocese of Southwark within the Church of England. The correspondence address is The Parish Office, 40 Calton Avenue, London SE21 7DG. The charity's registered number is 1138011. The charity’s bankers are Barclays Bank

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plc. The trustees of the charity and members of the Parochial Church Council, as at the date of approval of the financial statements, were as follows:

Ex Officio members

Vicar: Revd. Liz Barnett Associate Priest: Revd Gemma Lau Curate: Revd Susan Wright Chaplain of Alleyn’s School: Revd. Liz Pharaoh Chaplain of Dulwich College: Revd. Tim Buckler Churchwardens: Caroline Havers Clive Manning Deputy Churchwarden: Amanda French

Lay members

Mark Annear

David Beamish, member of Diocesan Synod and Vice Chair of the PCC

Sue Bishop, Secretary

John Brent, Treasurer Jamie Creasy Hannah Durno (from May 2025) Alison Firth Amanda French Andrew Gould (from May 2025) Donald Hankey, representative on Deanery Synod

Patty Harper Hannah Jameson (until May 2025) Nicholas Joicey (until May 2025) Hilary Maxwell-Hyslop Jeremy Moore (until May 2025) Angeline Ong (until May 2025) Katherine Opie-Smith James Ross, representative on Deanery Synod David Taylor Katherine Thomas (from May 2025) Nigel Thorpe (from May 2025)

Our incumbent Revd Liz Barnett served as Chair of the PCC.

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The Parish of St Barnabas Church with Christ's Chapel Dulwich

Financial statements

Year ended: 31 December 2025

The Parish of St Barnabas Church with Christ's Chapel Dulwich

Independent Examiner's Report to the Parochial Church Council (PCC) of St Barnabas Church, Dulwich

I report on the accounts for the year ended 31 December 2025, which are set out on pages 2 to 8.

Respective responsibilities of the PCC and the Independent Examiner

The PCC consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

It is my responsibility to

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner's Statement

In connection with my examination, no matters have come to my attention

have not been met; or

Elizabeth Wedmore MA FCA

Chartered Accountant Dulwich London

17 April 2026 Date: ……………………….

Page 1

The Parish of St Barnabas Church with Christ's Chapel Dulwich

Consolidated statement of financial activities for the year ended 31 December 2025

Notes
Income
Covenants,donations,gifts
2
Fundraising
3
Hire of venues
Other trading activities
Interest & Dividends received
Rental income
Total income
Expenditure
Cost of generating funds:
Fundraising, trading and property costs
Expenditure on charitable activities:
Donations given
Ministry Fund contribution
Management and administration
5
Total expenditure
Net income/(expenditure)
and net movement in funds
Total funds brought forward
Total funds carried forward
Church maintenance and activities,
services and clergy		 Unrestricted
Restricted
2025
2024
Funds
Funds
Total
Total
£
£
£
£
246,641
17,649
264,290
325,025
1,755
-
1,755
981
106,179
-
106,179
101,432
6,232
-
6,232
4,546
18,989
-
18,989
19,107
180,436
-
180,436
179,322
560,232
17,649
577,881
630,413
75,130
-
75,130
79,902
1,755
-
1,755
1,308
285,000
-
285,000
280,000
162,435
18,760
181,195
178,547
95,108
-
95,108
80,568
619,428
18,760
638,188
620,325
(59,196)
(1,111)
(60,307)
10,088
94,560
6,017
100,577
90,489
35,364
4,906
40,270
100,577

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

All incoming resources and resources expended derive from continuing activities.

The notes on pages 5 to 8 form part of the financial statements.

Page 2

The Parish of St Barnabas Church with Christ's Chapel Dulwich

Consolidated Balance Sheet as at 31 December 2025

Notes
Fixed Assets
Tangible Fixed Assets
6
Current Assets
Debtors
7
Cash at bank and in hand
8
Total Current Assets
Creditors: amounts falling due within
one year
9
Net Current Assets
Total Assets
Funds
General Fund
10
Property Fund
10
St Barnabas Institute
10
Legacies Fund
10
Chapel Visitors Fund
11
Total Funds		 Unrestricted
Restricted
2025
2024
Funds
Funds
Total
Total
£
£
£
£
22,194
-
22,194
29,592
22,456
-
22,456
20,494
59,522
4,906
64,428
90,173
81,978
4,906
86,884
110,667
68,808
-
68,808
39,682
13,170
4,906
18,076
70,985
35,364
4,906
40,270
100,577
25,534
2,572
28,106
46,595
(35,776)
-
(35,776)
(15,751)
2,192
-
2,192
5,862
43,414
-
43,414
63,200
-
2,334
2,334
671
35,364
4,906
40,270
100,577

Approved by The Parochial Church Council on 16 April and signed-off on its behalf by the Chair, Revd Liz Barnett

The notes on pages 5 to 8 form part of the financial statements

Page 3

The Parish of St Barnabas Church with Christ's Chapel Dulwich

Statement of Cash Flows for the year ended 31 December 2025

Note
Net cash generated/(used) in operating activities
13
Cash flows from investing activities:
Interest
Change in cash and cash equivalents in the year:
Cash and cash equivalent brought forward
Cash and cash equivalent carried forward		 2025
2024
Total
Total
£
£
(44,734)
(36,273)
18,989
19,107
(25,745)
(17,166)
90,173
107,339
64,428
90,173

Page 4

The Parish of St Barnabas Church with Christ's Chapel Dulwich Notes forming part of the financial statements for the year ended 31 December 2025

1. Principal accounting policies

( a ) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes and include the results of the church's activities which are described in the PCC report and other reports published with these financial statements.

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and in accordance with 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) (Charities SORP (FRS102)) issued 16 July 2014 and the Charities Act 2011.

The church constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the church's ability to continue as a going concern.

( b ) Income recognition

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the related income is recognised. Rental income from the letting of church premises is recognised when the rental is due. All other income is accounted for gross.

( c ) Expenditure recognition

All expenditure is accounted for on an accruals basis and allocated to the applicable expenditure headings. Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure.

( d ) Tangible fixed assets and depreciation

Assets costing more than £1,000 are capitalised and depreciated over 3 years (assets < £10,000 cost) or 5 years (assets ≥ £10,000 cost) on a straight line basis.

Items bought with funds raised for the purpose, are charged against those funds in the year of purchase.

( e ) Fund accounting

Details of the nature and purpose of each fund are set out in notes 10 to 11.

Page 5

The Parish of St Barnabas Church with Christ's Chapel Dulwich Notes forming part of the financial statements for the year ended 31 December 2025

2 Covenants, donations, gifts
General fund
Legacies donations (income)
Chapel Visitors Fund (net of expenditure)
Total		 Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
246,641
15,985
262,626
269,995
-
-
55,000
1,664
1,664
30
246,641
17,649
264,290
325,025

Donations from trustees in the year amounted to £17,224 (2024 £39,465) Restricted funds includes grants awarded to cover costs for Ukrainian Refugee support work

3 Fundraising
Specific collections
1,755
-
Total
1,755
-
4 Staff costs and remuneration of key management personnel
Salaries
Total		 2025
2024
£
£
1,755
981
1,755
981
2025
2024
£
£
105,615
103,484
105,615
103,484

The average number of employees during the year was 2.7 FTE (2024 2.8 FTE). Key management personnel are also trustees.

Trustees received no remuneration (2024: £ nil) and were not reimbursed for any of their expenses in the year (2024: £nil).

There were no employees who received any employee benefits.

5 Management and administration costs
General Fund
Property Fund
Total		 2025
2024
£
£
90,943
76,178
4,165
4,390
95,108
80,568

Page 6

The Parish of St Barnabas Church with Christ's Chapel Dulwich Notes forming part of the financial statements for the year ended 31 December 2025

6 Tangible fixed assets for use by the Church

----- Start of picture text -----
2025
Office and Parish Hall equipment £
Cost
At 1 January 2025 54,111
Additions -
Disposals (3,848)
At 31 December 2025 50,263
Depreciation
At 1 January 2025 24,519
Disposals (3,848)
Charge for the year 7,398
At 31 December 2025 28,069
Net book value
At 31 December 2025 22,194
At 31 December 2024 29,592
2025 2024
7 Debtors £ £
General Fund: 6,598 8,974
Property Fund 10,858 11,520
Other 5,000 -
Total 22,456 20,494
2025 2024
8 Cash at bank and in hand £ £
Short term cash deposits
General Fund 178 175
Legacies Fund 58,171 79,182
St Barnabas Institute - -
58,349 79,357
Current accounts and cash in hand
General Fund 8,010 7,365
Legacies Fund (6,189) (2,687)
Property Fund 1,277 350
St Barnabas Institute 647 5,117
Chapel Visitors Fund 2,334 671
- -
Social Responsibility Fund
6,079 10,816
Total 64,428 90,173
----- End of picture text -----

Page 7

The Parish of St Barnabas Church with Christ's Chapel Dulwich

Notes forming part of the financial statements for the year ended 31 December 2025

9 Creditors: amounts falling due within one year
General Fund
Legacies Fund
Property Fund
Total
Trade creditors
Accruals
Other creditors		 2025
2024
£
£
32,295
31,562
440
1,970
36,073
6,150
68,808
39,682
15,302
14,690
39,662
24,992
13,844
-
68,808
39,682

The St Barnabas Legacies Fund was made under a Trust deed dated 5th December 2006. This fund incorporates the Canon Nixon Bequest and the Eileen Francis trust and other bequests made from time to time for the benefit of St Barnabas and Christ's Chapel.

11 Restricted Funds

A separate fund is held for the opening of Christ's Chapel to visitors on weekdays. Grants received for expenditure on Ukrainian Refugees net of associated expenditure have been shown as restricted funds.

12 Related party transactions

There have been no related party transactions during the year that require disclosure.

13 Reconciliation of net movement in funds to net cash flow from operating activities

Net movement in funds
Deduct interest income shown in investing activities
Deduct purchases of fixed assets
Add back depreciation
Decrease (increase) in stock
Decrease (increase) in debtors
Increase (decrease) in creditors
Net cash flow from operating activities		 2025
2024
£
£
(60,307)
10,088
(18,989)
(19,107)
-
(36,990)
7,398
7,398
-
-
(1,962)
(11,567)
29,126
13,905
(44,734)
36,273

Page 8

St Barnabas Dulwich Parochial Church Council General Fund Income and Expenditure Account for the year ended 31 December 2025

Note
Voluntary Giving
Planned Giving
Standing orders and regular online giving
Envelope Scheme
Lump Sum Gifts
Other Church Collections
Income Tax Receivable
Collections for specific bodies
Other Income
Wedding & Funeral Fees etc
TOTAL INCOME
PAYMENTS
Services
1
Incumbent's expenses
1
Diocesan Ministry Fund
Church Music
1		 2025
2024
£
£
154,437
157,988
1,376
2,205
2,890
12,630
64,011
56,780
39,912
40,392
262,626
269,995
1,755
981
264,381
270,976
6,232
4,546
270,613
275,522
4,046
4,188
702
1,013
285,000
280,000
47,326
59,876
Assistant priest
1		 1,062
27
Young People & Home Mission
Other Expenditure
1
Depreciation
Payments to specific bodies
Bad Debts Written off
TOTAL PAYMENTS
Subsidy from Institute fund
Subsidy from Legacies fund
Subsidy from /(Grant to) Property fund
Surplus/(Deficit) on General Account
Balance brought forward at 1st January
Balance carried forward on General Account		 15,002
20,542
90,943
76,178
-
-
1,754
1,308
1,090
446,925
443,132
119,500
114,500
38,323
90,990
-
(36,990)
(18,489)
890
46,595
45,705
28,106
46,595

Note: Voluntary giving includes receipts at both St. Barnabas and Christ's Chapel.

Page 9

St Barnabas Dulwich Parochial Church Council General Fund Balance Sheet for the year ended 31 December 2025

ASSETS
Fixed assets
Debtors
Loan due from Institute Fund
Loan due from Legacy Fund
Loans due from Property Fund
Other
Cash
Deposit with Bank
Current Account+Cash in Hand
TOTAL CURRENT ASSETS
CURRENT LIABILITIES
Loan due to Institute Fund
Sundry Creditors and Accruals
TOTAL ASSETS LESS LIABILITIES
Represented By:
General Fund		 2025
2024
£
£
-
-
-
13,128
11,325
34,032
44,063
6,598
8,974
53,758
64,362
178
175
8,010
7,365
8,188
7,540
61,946
71,902
1,545
745
32,295
24,562
33,840
25,307
28,106
46,595
28,106
46,595

Page 10

St Barnabas Dulwich Parochial Church Council General Fund Notes to the General Fund Accounts for the year ended 31 December 2025

Note 1 -Payments
Services
Communion elements
Books,candles and sundry
Clergy
Travel Expenses
Removal expenses, digital, books and sundry
Church music
Musicians Fees
Other music costs
Other Expenditure
Stationery, printing and postage
Parish administration
Independent examiner's fee
IT, Website and ChurchSuite
Ukraine refugee support expenditure
Sundry		 2024
2024
£
£
1,105
2,941
4,188
4,046
4,188
120
136
1,644
877
1,764
1,013
43,589
55,225
3,737
4,651
47,326
59,876
4,714
4,111
44,298
36,826
-
2,460
1,159
1,530
18,760
22,610
22,012
8,641
90,943
76,178

Page 11

St Barnabas Property Fund

Income and Expenditure Account for the year ended 31 December 2025

INCOME
Lettings
Parish Hall
St Barnabas Centre and Church
Druce Road rental
TOTAL INCOME
EXPENDITURE
Parish Hall
Insurance and telephone
Light, heat and water
Repairs and Maintenance
Caretaker
Cleaning and hygiene services
Council rates
Sundries
St Barnabas Church/Barnabas Centre/Parish Office
Insurance and Telephone
Light heat and water
Repairs and maintenance
Cleaning and hygiene services
Depreciation
Other
Vicarage and Curate's House
Rental of curate's / assistant priest's house
Other expenses-Vicarage and Curate
Christ's Chapel
Light and heat
Cleaning
Organ maintenance
Druce Road expenses
Running expenses
Net interfund subsidies
TOTAL EXPENDITURE
Surplus/(Deficit) for Year		 2025
2024
£
£
78,571
76,770
27,608
24,662
57,936
56,822
164,115
158,254
3,755
3,951
7,582
10,053
2,659
11,571
21,639
20,606
12,293
13,303
1,713
1,480
6,604
2,506
56,245
63,470
6,814
6,475
25,314
31,007
41,506
17,959
24,435
22,902
7,398
7,398
4,165
4,391
109,632
90,132
-
-
-
160
-
160
3,500
4,000
2,500
2,500
500
500
6,500
7,000
11,763
11,135
11,763
11,135
(36,990)
184,140
134,907
(20,025)
23,347

Page 12

St Barnabas Property Fund Balance Sheet as at 31 December 2025

Surplus/(Deficit) of Income over Expenditure brought forward
Surplus/(Deficit) for Year
Surplus (Deficit) carried forward
Represented by
Fixed assets
Cost
Less:Depreciation
Sundry debtors
Cash at bank and in hand
TOTAL ASSETS
LESS: LIABILITIES
Sundry Creditors
Loan due to General fund
Accruals
NET TOTAL ASSETS/(LIABILITIES)		 2025
2024
£
£
(15,751)
(39,098)
(20,025)
23,347
(35,776)
(15,751)
50,263
54,111
28,069
24,519
22,194
29,592
10,858
11,520
1,277
350
34,329
41,462
9,373
6,150
34,032
44,063
26,700
7,000
(35,776)
(15,751)

Page 13

St Barnabas Institute Fund Accounts for the year ended 31 December 2025

INCOME
Rental Income
Interest Earned- CBF Deposit Fund
EXPENDITURE
Insurance
Professional fees
Grant to General Fund and Property Fund and Legacy Fund
Excess of (expenditure)/income for the year
Balance of Fund brought forward
Balance of Fund carried forward
Represented by:
Balance with CBF
Balance with Barclays Bank
Loan due from/(to) General Fund/Property Fund
Loan due from Legacy Fund
Total net assets		 2025
2024
£
£
122,500
122,500
-
-
122,500
122,500
295
239
6,375
4,801
119,500
114,500
126,170
119,540
(3,670)
2,961
5,862
2,901
2,192
5,862
-
-
647
5,117
1,545
745
-
-
2,192
5,862

The income to this fund is from a lease of the premises at 120-121 Townley Road, SE22 to Guy’s and St Thomas’s NHS Foundation Trust for 15 years from 25th December 2020. The tenant may terminate this lease by giving at least six months’ notice in advance of the break date which is 25 December 2030.

Page 14

St Barnabas Legacies Fund Accounts for the year ended 31 December 2025

Balance of income brought forward 1st January
Income earned on investments
Investment Fund shares
Income earned on CBF deposit funds
Bequests/Donations received to income
Total Income
Other expenses
Contributions to work of the Parish / (Net receipts from small donations)
Net income for year
Subsidy to General Fund
Balance of income carried forward 31st December
Represented By:
Deposit fund balance
Balance at bank
Debtor (Loan)
Amount owed to General Fund
Legacy accrual
Legacies Fund balance of income reserves carried forward
Capital value of Legacies Fund as at 1st January 2025
Donations received during the year
Market value adjustment on investments as at 31st December 2025
Capital value of Legacies Fund as at 31st December 2025		 2025
2024
£
£
63,200
80,340
14,337
15,042
4,652
4,065
-
55,000
18,989
74,107
105
107
347
150
18,537
73,850
38,323
90,990
43,414
63,200
58,172
79,182
(6,190)
(2,687)
5,000
(13,128)
(11,325)
(440)
(1,970)
43,414
63,200
2025
£
567,556
-
(22,159)
545,397

The St Barnabas Legacies Fund was made under a Trust deed dated 5th December 2006. The Custodial Trustees are the Vicar, Churchwardens and Parochial Church Council for the time being. This fund incorporates The Canon Nixon Trust, The Eileen Francis Trust and other bequests made from time to time for the benefit of St Barnabas and Christ's Chapel.

The market value of investments at 31st December 2025 was £532,114 (2024: £554,273) and, with the addition of bank deposits of £13,283, gives a total Legacy Fund value of £545,397 at 31st December 2025.

Page 15