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**Charity number: 1138031**
## **ST JAMES CHURCH ALPERTON**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2025**
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## **ST JAMES CHURCH ALPERTON**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 22|
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## **ST JAMES CHURCH ALPERTON**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **Trustees**
Revd Adel Shokralla, Chair (appointed 15 December 2025) Revd Edna Emmanuel Eugene Rajaratnam, Secretary Pawlas Gaware, Churchwarden Christine Sunderland Manisha Gaware John Worthington Linda Sweeting Vijay Josiah Jacqueline James Sakthi Ramachandran Chandrika Subramaniam (appointed 20 October 2025) Anishkaa Worthington (appointed 12 May 2025) Rosita Rajendra (appointed 26 April 2025) Nishanthan Amos (appointed 26 April 2025) Lorien Fernando (resigned 1 January 2025) Anil Porxotomo (resigned 1 January 2025) Ganesh Ganesalingam (resigned 1 January 2025) Joy Joseph, Churchwarden (resigned 1 January 2025) Jerome Fernando (resigned 24 February 2025) Shelley King (resigned 24 February 2025) Sam Awale (resigned 24 February 2025)
## **Charity registered number**
1138031
## **Principal office**
Stanley Avenue Wembley HA0 4JB
## **Interim priest during interregnum**
Revd Akin Akinola (appointed 1 January 2025, resigned 15 December 2025)
## **Treasurer**
Sudhashini Chelliah
## **Accountants**
Griffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS
Page 1
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## **ST JAMES CHURCH ALPERTON**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025**
The PCC members (PCC members) present their annual report together with the financial statements of The Parochial Church Council of the Ecclesiastical Parish of St James, Alperton (the church) for the year ended 31 December 2025. The trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement applicable in the UK and Republic of Ireland (FRS 102) (effective from October 2019).
## **Objectives and activities**
## **a. Policies and objectives**
The primary objective of St James Alperton PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England.
The Trustees confirm they have referred to the Charity Commission’s general guidance on public benefit when planning activities. The church is open to all for worship and community use.
## **b. Strategies for achieving objectives**
Main Activities in 2025:
- Regular Worship: Providing weekly services and maintaining the liturgical life of the parish.
- Community Outreach: Chair based exercise for elderly and English language (ESOL) classes.
- Pastoral Care: Visiting the sick, bereaved, and elderly within the Alperton community.
## **Achievements and performance**
## **a. Achievements**
• Spiritual Growth: The attendance for seasonal services like Christmas, Good Friday, Easter and Pentecostal Sunday was very good.
• Community Impact: The Girls Brigade and Wembley rangers are active at English language teaching classes and Chair based exercises help in strengthening ties with the London Borough of Brent.
• Cultural Engagement: Successfully held Pentecostal Sunday celebration involving local community and events during festive periods, reflecting the diverse local demographic.
## **Financial review**
## **a. Performance for the year and going concern**
In the year under review the church had income totalling £103,590 and expenditure totalling £135,980, resulting in a net decrease in funds of £32,390. At the balance sheet date net assets of the church totalled £879,439 with a balance on net current assets of £155,844, representing the balance being carried forward on aggregate unrestricted funds.
After making appropriate enquiries, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 2
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## **ST JAMES CHURCH ALPERTON**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **b. Reserves policy**
St James Church, Alperton has general, designated and endowment funds. Endowment funds are not relevant in the setting of reserves as they can only be used for their defined purpose.
It is the policy of the PCC to maintain a balance on unrestricted funds (excluding fixed assets) which equates to approximately six months of unrestricted payments. This provides sufficient funds to cover management, administration and support costs.
The balance on unrestricted funds at 31 December 2025 was £155,844 (2024 - £188,234), with £91,243 (2024 - £81,595) being in designated funds, and £64,601 (2024 - £106,639) held in general funds, thus exceeding the target level of reserves. Any decision to spend reserves must be agreed in advance by the PCC and this policy will be reviewed annually.
## **c. Plans for the future**
The PCC intends to continue its mission of spiritual growth and community support. Key priorities for 2026 include upgrading sanctuary carpet, church roof cleaning, expanding the youth ministry and local evangelism initiatives (subject to PCC approval wherever needed).
## **Structure, governance and management**
## **a. Constitution**
St James Church Alperton is a registered charity, number 1138031. The PCC of St James Church is a corporate body established by and operating under the Parochial Church Councils (Powers) Measure 1956, its governing document.
## **b. Methods of appointment or election of trustees**
Members of the PCC are either ex officio, chosen by the Annual Parochial Church Meeting (APCM), elected by parishioners or co-opted/appointed in accordance with the Church Representation Rules.
## **c. Organisational structure and decision-making policies**
The management of the church is the responsibility of the PCC members who are elected by/from the electoral roll. The PCC has the responsibility of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC met a total of eight times in 2025.
The PCC has a building committee and a finance committee which deal with these particular areas of church administration.
## **d. Financial risk management**
The Trustees have a duty to identify and review the strategic, operational, and financial risks that the charity faces and confirm that systems are in place to mitigate them.
The PCC members have assessed the major risks to which the church is exposed, in particular those related to the operations and finances of the church, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
Page 3
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## **ST JAMES CHURCH ALPERTON**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the . 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.
Approved by order of the members of the board of trustees and signed on their behalf by:
................................................
**Revd Edna Emmanuel** Trustee Date: � � ����
Page 4
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## **ST JAMES CHURCH ALPERTON**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025**
## **Independent examiner's report to the trustees of St James Church Alperton ('the Charity')**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of 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 section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to 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 to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 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.
This report is made solely to the Charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's trustees as a body, for my work or for this report.
Signed: Dated: � � ���� Richard Hill FCA **Griffin Stone Moscrop & Co** Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS
Page 5
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## **ST JAMES CHURCH ALPERTON**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
|**Note**
**Income and endowments from:**
Donations and legacies:
3
. Other donations and legacies
Charitable activities:
4
. Other charitable activities
Investments:
5
. Other investments
**Total income and endowments**
**Expenditure on:**
Charitable activities:
6
. Other charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Endowment**
**funds**
**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**723,595**
**723,595**|**Unrestricted**
**funds**
**2025**
**£**
**55,303**
**41,353**
**6,934**
**103,590**
**135,980**
**135,980**
**(32,390)**
**188,234**
**155,844**|**Total**
**funds**
**2025**
**£**
**55,303**
**41,353**
**6,934**
**103,590**
**135,980**
**135,980**
**(32,390)**
**911,829**
**879,439**|Total
funds
2024
£
54,723
41,653
7,729
104,105
137,117
137,117
(33,012)
944,841
911,829|
|---|---|---|---|---|
The notes on pages 8 to 22 form part of these financial statements.
Page 6
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## **ST JAMES CHURCH ALPERTON**
## **BALANCE SHEET AS AT 31 DECEMBER 2025**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
11
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Endowment funds
12
Restricted funds
12
Unrestricted funds
12
**Total funds**|**2025**
**£**
**159,144**
**159,144**
**(3,300)**|**2025**
**£**
**723,595**
**723,595**
**155,844**
**879,439**
**879,439**
**879,439**
**723,595**
**-**
**155,844**
**879,439**|2024
£
191,534
191,534
(3,300)|2024
£
723,595|
|---|---|---|---|---|
|||||723,595
188,234|
|||||911,829|
|||||911,829|
||||||
|||||911,829|
|||||723,595
-
188,234|
||||||
|||||911,829|
The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:
................................................
**Revd Edna Emmanuel** Trustee Date: � � ����
The notes on pages 8 to 22 form part of these financial statements.
Page 7
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1. General information**
St James Church Alperton is a registered charity with the Charity Commission for England & Wales (charity number: 1138031). The principal office address can be found on the reference and administrative details page.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
St James Church Alperton meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are prepared in sterling, which is the functional currency of the church, and are rounded to the nearest £1.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement 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, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity.
Page 8
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **2. Accounting policies (continued)**
## **2.3 Expenditure (continued)**
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Tangible fixed assets and depreciation**
The PCC is in the unusual position amongst Church of England parishes in that the church from which its ministry operates is vested in the PCC rather than the incumbent. Accordingly, the historical cost incurred some years ago of rebuilding the Parish Centre of Worship, which includes the church sanctuary, on the site of the original church, is carried within fixed assets on the balance sheet. See note 9.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Freehold property Freehold property is not depreciated - Parish Centre of Worship Church building is not depreciated
## **2.6 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.
Page 9
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **2. Accounting policies (continued)**
## **2.7 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it 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 at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **2.8 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2025**
**£**
**Donations**
Donations to designated funds
4,610
Planned giving and offerings
50,693
**Subtotal detailed disclosure**
55,303
**Total 2025**
55,303|**Total**
**funds**
**2025**
**£**
**4,610**
**50,693**|
|---|---|
||**55,303**|
|||
||**55,303**|
Page 10
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **3. Income from donations and legacies (continued)**
|Unrestricted
funds
2024
£
**Donations**
Donations to designated funds
4,510
Planned giving and offerings
46,467
**Subtotal detailed disclosure**
50,977
Tax recoverable
3,746
**Subtotal**
3,746
Total 2024
54,723
**4.**
**Income from charitable activities**
**Unrestricted**
**funds**
**2025**
**£**
Rent from Nursery and Tae Kwon Do
39,578
Church hall and property lettings
775
Other income
1,000
**Total 2025**
41,353|Total
funds
2024
£
4,510
46,467|
|---|---|
||50,977|
||3,746|
||3,746|
|||
||54,723|
||**Total**
**funds**
**2025**
**£**
**39,578**
**775**
**1,000**|
||**41,353**|
Other income of £1,000 represents gifts in kind, comprising donated equipments.
Page 11
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **4. Income from charitable activities (continued)**
|Rent from Nursery and Tae Kwon Do
Church hall and property lettings
Other income
Total 2024|Unrestricted
funds
2024
£
39,763
1,280
610
41,653|Total
funds
2024
£
39,763
1,280
610|
|---|---|---|
|||41,653|
## **5. Investment income**
|**Unrestricted**
**funds**
**2025**
**£**
Investment income - bank interest
6,934
Unrestricted
funds
2024
£
Investment income - bank interest
7,729|**Total**
**funds**
**2025**
**£**
**6,934**|
|---|---|
||Total
funds
2024
£
7,729|
Page 12
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **6. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2025**
**£**
Direct ministry costs
96,601
Direct building and maintenance costs
10,625
Support costs
28,754
**Total 2025**
135,980|**Total**
**2025**
**£**
**96,601**
**10,625**
**28,754**|
|---|---|
||**135,980**|
|Direct ministry costs
Direct building and maintenance costs
Support costs
Total 2024|Unrestricted
funds
2024
£
98,446
10,290
28,381
137,117|Total
2024
£
98,446
10,290
28,381|
|---|---|---|
|||137,117|
## **7. Analysis of expenditure by activities**
|Direct ministry costs
Direct building and maintenance costs
Support costs
**Total 2025**|**Activities**
**undertaken**
**directly**
**2025**
**£**
82,349
10,625
-
92,974|**Grant**
**funding of**
**activities**
**2025**
**£**
14,252
-
-
14,252|**Support**
**costs**
**2025**
**£**
-
-
28,754
28,754|**Total**
**funds**
**2025**
**£**
**96,601**
**10,625**
**28,754**|
|---|---|---|---|---|
|||||**135,980**|
Page 13
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **7. Analysis of expenditure by activities (continued)**
|Direct ministry costs
Direct building and maintenance costs
Support costs
Total 2024|Activities
undertaken
directly
2024
£
74,196
10,290
-
84,486|Grant
funding of
activities
2024
£
24,250
-
-
24,250|Support
costs
2024
£
-
-
28,381
28,381|Total
funds
2024
£
98,446
10,290
28,381|
|---|---|---|---|---|
|||||137,117|
## **Analysis of direct costs**
|Diocesan fund
Church repairs & maintenance
Vicarage & Pastoral costs
Church insurance
Catering and church cafe
Church expenditure
**Total 2025**|**Direct**
**ministry**
**costs**
**2025**
**£**
68,475
-
10,076
-
3,538
260
82,349|**Direct**
**building**
**and maint**
**2025**
**£**
-
8,422
-
2,203
-
-
10,625|**Total**
**funds**
**2025**
**£**
**68,475**
**8,422**
**10,076**
**2,203**
**3,538**
**260**|
|---|---|---|---|
||||**92,974**|
Page 14
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs (continued)**
|Diocesan fund
Church repairs & maintenance
Vicarage & Pastoral costs
Church insurance
Catering and church cafe
Music expenditure
Church expenditure
Total 2024
**Analysis of support costs**
Church office telephone
Printing, postage and stationery
Subscriptions
Cleaning
Light, heat & water
Bank charges
Preparation & examination of statutory accounts|Direct
ministry
costs
2024
£
68,475
134
3,596
-
1,886
82
23
74,196|Direct
building and
maint
2024
£
-
8,140
-
2,150
-
-
-
10,290
**Total**
**funds**
**2025**
**£**
**1,524**
**2,761**
**457**
**10,528**
**10,243**
**121**
**3,120**
**28,754**|Total
funds
2024
£
68,475
8,274
3,596
2,150
1,886
82
23|
|---|---|---|---|
||||84,486|
||||Total
funds
2024
£
1,255
1,267
1,878
8,324
11,738
164
3,755|
||||28,381|
Page 15
�������������������� � � ��� ��� � ���� � ���� ��� ��� �
## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **8. Analysis of grants**
|Grants - direct ministry costs
Grants - direct ministry costs|**Grants to**
**Institutions**
**2025**
**£**
11,400
Grants to
Institutions
2024
£
20,200|**Grants to**
**Individuals**
**2025**
**£**
2,852
Grants to
Individuals
2024
£
4,050|**Total**
**funds**
**2025**
**£**
**14,252**|
|---|---|---|---|
||||Total
funds
2024
£
24,250|
The Charity has made the following material grants to institutions during the year:
|**Name of institution**
Hope of Glory Foundation
Sri Lanka Village Gospel Mission
Operation Mobilisation (within designated Discretionary fund)
Other discretionary fund payments (all £2,000 or less)
**Total**|**2025**
**£**
**5,300**
**1,500**
**-**
**4,600**
**11,400**
**11,400**|2024
£
9,100
1,500
2,400
7,200|
|---|---|---|
|||20,200|
||||
|||20,200|
## **9. Trustees' remuneration and expenses**
During the year, no trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 December 2025, no trustee expenses have been incurred (2024 - £NIL).
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�������������������� � � ��� ��� � ���� � ���� ��� ��� �
## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **10. Tangible fixed assets**
|**Cost or valuation**
At 1 January 2025
At 31 December 2025
**Net book value**
At 31 December 2025
At 31 December 2024
**11.**
**Creditors: Amounts falling due within one year**
**2025**
**£**
Accruals and other creditors
**3,300**|**Freehold**
**property**
**£**
**723,595**|
|---|---|
||**723,595**|
||**723,595**|
||723,595|
||2024
£
3,300|
Page 17
�������������������� � � ��� ��� � ���� � ���� ��� ��� �
## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **12. Statement of funds**
## **Statement of funds - current year**
|**Designated funds**
Redevelopment of the building
Mission - Discretionary
Mission - Hope of Glory
Foundation
Mission - Sri Lanka Village
Gospel
Emergency building repairs
**General funds**
General Funds - all funds
**Total Unrestricted funds**
**Endowment funds**
Endowment Funds - all funds
**Total of funds**|**Balance at 1**
**January**
**2025**
**£**
**80,424**
**4,049**
**(2,865)**
**(13)**
**-**
**81,595**
**106,639**
**188,234**
**723,595**
**911,829**|**Income**
**£**
**3,640**
**600**
**3,890**
**120**
**-**
**8,250**
**95,340**
**103,590**
**-**
**103,590**|**Expenditure**
**£**
**-**
**(9,452)**
**(3,300)**
**(1,500)**
**(2,350)**
**(16,602)**
**(119,378)**
**(135,980)**
**-**
**(135,980)**|**Transfers**
**in/out**
**£**
**-**
**7,646**
**3,300**
**3,054**
**4,000**
**18,000**
**(18,000)**
**-**
**-**
**-**|**Balance at**
**31**
**December**
**2025**
**£**
**84,064**
**2,843**
**1,025**
**1,661**
**1,650**|
|---|---|---|---|---|---|
||||||**91,243**|
||||||**64,601**|
||||||**155,844**|
||||||**723,595**|
||||||**879,439**|
Page 18
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **12. Statement of funds (continued)**
The purpose of the designated funds with the most significant balances listed is outlined below:
## _**Redevelopment of the building**_
As described in the trustees' report the PCC are exploring ways in which the church building could be made more suitable for community use. Accordingly the funds designated for church redevelopment have been added to in the year and at 31 December 2025 a balance of £84,064 was being held in a specific deposit account held with CCLA.
## _**Mission - Discretionary**_
In addition to the mission funds listed for specific purposes in the above note the church operates a discretionary mission fund. Historically 10% of all St James income is tithed, and has been transferred every quarter of a year to the St James Alperton Missions account. At 31 December 2025 the balance on this fund stood at £2,843, with £10,410 being tithed in the current year. It is the responsibility of the World Church Committee to oversee the distribution of these funds, in order to further Christian mission activities and evangelism around the globe, and to ensure, as much as is reasonably possible, that these funds are used for their intended purpose. Up to 20% of these funds can be used for projects in the local area of St James Alperton.
## _**Emergency building repairs**_
In October 2025 the PCC has designated £4,000 for emergency building repairs or specific allocated projects minuted by PCC, that cannot be used for general purposes. At 31 December 2025 the balance on this fund stood at £1,650.
Page 19
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **12. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
**Designated funds**
Redevelopment of the building
Other charitable donation fund
Youth travel fund
Mission - Discretionary
Mission - Hope of Glory
Foundation
Mission - Sri Lanka Village
Gospel
Emergency building repairs
**General funds**
General Fund
**Total Unrestricted funds**
**Endowment funds**
Endowment Funds - all funds
**Total of funds**|Balance at
1 January
2024
£
76,371
525
500
7,374
445
120
1,002
86,337
134,909
221,246
723,595
944,841|Income
£
4,053
-
-
600
3,790
120
-
8,563
95,542
104,105
-
104,105|Expenditure
£
-
-
-
(13,650)
(9,100)
(1,500)
-
(24,250)
(112,867)
(137,117)
-
(137,117)|Transfers
£
-
(525)
(500)
9,725
2,000
1,247
(1,002)
10,945
(10,945)
-
-
-|Balance at
31
December
2024
£
80,424
-
-
4,049
(2,865)
(13)
-
81,595
106,639
188,234
723,595
911,829|
|---|---|---|---|---|---|
Page 20
�������������������� � � ��� ��� � ���� � ���� ��� ��� �
## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **13. Summary of funds**
## **Summary of funds - current year**
|Designated funds
General funds
Endowment funds|**Balance at 1**
**January**
**2025**
**£**
**81,595**
**106,639**
**723,595**
**911,829**
Balance at
1 January
2024
£
86,337
134,909
723,595
944,841|**Income**
**£**
**8,250**
**95,340**
**-**
**103,590**
Income
£
8,563
95,542
-
104,105|**Expenditure**
**£**
**(16,602)**
**(119,378)**
**-**
**(135,980)**
Expenditure
£
(24,250)
(112,867)
-
(137,117)|**Transfers**
**in/out**
**£**
**18,000**
**(18,000)**
**-**
**-**
Transfers
in/out
£
10,945
(10,945)
-
-|**Balance at**
**31**
**December**
**2025**
**£**
**91,243**
**64,601**
**723,595**|
|---|---|---|---|---|---|
||||||**879,439**|
||||||Balance at
31
December
2024
£
81,595
106,639
723,595|
|**Summary of funds - prior year**||||||
|Designated funds
General funds
Endowment funds||||||
||||||911,829|
Page 21
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## **ST JAMES CHURCH ALPERTON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **14. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Endowment**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
723,595
-
-
159,144
-
(3,300)
723,595
155,844|**Total**
**funds**
**2025**
**£**
**723,595**
**159,144**
**(3,300)**
**879,439**|
|---|---|---|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|Endowment
funds
2024
£
723,595
-
-
723,595|Unrestricted
funds
2024
£
-
191,534
(3,300)
188,234|Total
funds
2024
£
723,595
191,534
(3,300)
911,829|
|---|---|---|---|
## **15. Related party transactions**
Aggregate donations given by trustees in the year totalled £8,000 (2024 - £18,560).
Page 22