Charity number: 1138421 ST ANDREW'S CHURCH. ENFIELD UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Gsfd&co Grlffin Sioiie Mo¥croi) & Co 100 YEARS
Docu8n Envelopg ID.. FB71AI 128774281-OC35w24l ST ANDREWS CHURCH, ENFIELD coKrENTS Page Reference and adrninistr*ive detall8 of the church. Its Trustees and advlseys Trustees, report Independent examlngrf$ rgport Statement of financlal actlvlttes Balance shèèt Notes to tha flnanclal 5tatsments 7-23 &iffln Stone M(xcrop &Co
Docuslgn Enveh)pe ID.. FB71A11&5287-874U2B1-OC37E55E0241 . ST ANDREWS CHURCH, ENFIELD REFERENCE AND ADMINISTRATIVE DETAJLS OF THE CHURCH, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Tru8tses Rovd. Dr. Slevg Griffrth$, Chair Paul Edwards, Warden Chgrie Embkton, Warden Dinos KousDuk)u, Sècrètary Ruth Mackay, D88n8ry Synod Richard Bunce, Deanery Synod And LLP L¢)wri B8nfield, Lay rep Louise Sear, Lay rap Tony Leèth, Lay lop Is]grd 18 May 2025} Mark Thebridgg. Lay wp Irlna Ponizova, Lay rgp I8nad 18 May 20251 Stephèn Driver, Lay rep ffrea5ur) Olive Cop6, Lay rop Dorothy KousoultsLJ, CMpte(I Kat Chapman. Lay r8p Gara1dine Clark. Lay rep Damlan Browne, Lay rep Ro98r Aryt, Lay rep Chartty registered number 1138421 Prlnclpal office 36 Silvgr SbEet Enfield Middlesex EN1 3EG Accountants Girff*n Stone Moscrop & Co Chartèrad Accountants 21-27 Lamb's Conduit Stt London WC1N 3GS Page 1 Griffln Stone M05crop & Co
Dol9n Envdope ID: FB71A1l&5287-87401-(S5Eo24l ST ANDREWS CHURCH, ENFIELO TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2026 The Trustees present thelr annual report tether vAlh the financ4al $tstements of Ihè Parochigl Ctturch Council ol th? Ecclesiastical Paish of St. Andrew's, Enfield (the chu'.chl lor the year 1 January 2025 10 31 December 2028. The Trustses nflm) that the annual report and finanoal statements of thè churth cnmpty with the curreyt slalutory r4uIrents, Éhg rgquirements of the church's goveming document and the proM&on5 of the Sta%ment of Recommended Practs"ce ISORPI, applioxble lo chaitbE5 pParing their OUnt5 In accordan the Finan81 RepLtirvJ Standard applirable in th8 UK and R8public of Irèland IFRS 102} (effective frr Octob8r20191. Obledives and actlvltles a. Actlwtigs und8rtak8n to achieve obJectlv Th8 primary obj&ot ol the PCC is the prornotion ol the Gospel of th? Lord Jasus. St Androw's PCC has the responsitmliiy of co-operating wtth thé Ineumbent in prcKnoting in the ecdesiastical parish thé wholè mission of the church, pastoral, 30¢ial and ecumenic81. It also has maintenance responsibility for Ihe d)aO of rest The Incumbent and the PCC ha¥e con51det2d tre Charlty Cornmisslonefs guidanc8 on public benefrt arKJ, in patbcular, th& spe¢ific gu'dancE on charities for the advancèment of lIgIOn. We try to achleve our objectives by rryIng out a range of activities for Ihg bengfit of the paiish and rnernbèrs of our coTrJregaUon. ind1ng Sunday worshlp, small groups. church prayer gatherings. and other social events for the churth famify. Chiklren's gro8 me¢t regularly during Sunday mornirpJ servi. The Church BuildiThJ 1$ opan for private prayer. b. Public Bfrngfit ststement In produ¢iTrJ their assessment ol the benefft wovided by Ihe tharry. th9 PCC nfIrM thatthèy have complied with the duty in Section 4 of tha Charities Act 20(6 to ha¥8 due ragard to the Charity Commk85jon's general guidance on public ben8fit and, in particular, th8 spèdfic guKlarJce on the alfvancement of relvJion forthe pthlic bgngfiL Achlev9n19nts and perfomian¢e . Revlew of activitles The PCC mèt three times duriry 2025. The Thinutes ofU)e m88ting# arè on th& ehuTch website. At the 2025 APCM. ngw rnembers ofthe PCC wer8 elÉdJ. At the first meeting afterthe APCM, Paul Edwards was elected as Safegugrding Offir, Dinos KousDulou conts.nued as PCC Sècretary and Stephen Driver continugd 85 Treasurèr. The PCC h85 deolt with a number of major d8vel¢¥4ments in 2025. Th93e 8ctians have be (Jeveloped 35 a result of tho Mission Acbon Plan, launehed in March 2019. They indu(le.' employing Parish Assistsnts, the running of short study courses. implementation of complianc* polries, d8vel(went of various online and inbuildlng ministrias, fabric work in the Church to add$$ ongoing maintenancè needs. authorising arKI furthering a m4or Tcrrter Restoration PrO1L Flnanclal revSew a. Golng concern Aftér making appropriate eNuiries, the Trustees have a re¥son8ble eypectstion that the Churth has adÉquata resources to contlnuè in operational eStenCe Iwthe Yoreseeable fre. For this rèason, th6y continue to adopt the going contsrn basLg In preparing the finanual Statents. b. Rosorvfts policy 11 Is tha PCC policy to maintain a batance on unrestricted hjnds (rf posslAe}. whith equaies to appr0xirnatè thréè months of unrestrictéd paym6nts to Ver emergency 5ituabons payroll commitmants that may arise from time to time. It is our policy to hobd funds that are not needed to dgtray thnmedlate eXTeThIre wthin a CBF Churth of England Deposit Fund. Pagè 2 fFin Stone Moscrop & Co
Docuslgn ErweloFE ID: FB71A118-5287-874WB1-OC37E55E0241 ST ANDREWS CHURCH, ENFIELD TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 c. Financlal perforniance 2025 Unrestricted incomè of £225,06912024 - £267.1041 and utn"ed eyrKiiture of £219,67512024- £223.2201, gave rise to a surplus this year on unrestricted funds of £5.39412024- £43,884). After 50mg re5trlcted fund expendituie, thls surplus is r&lue8d by £38,54212024- £12,156). Our finances ara under control and are abk tr> mèet our no81 short- medium4errn noods. However, il has to ba m6ntloned again that vlll Contin to incur 5igntfic8nt tpair CLJsls a8 we attend to works +dentifd In the Quinquennial RepDrL Looking forwa1 in 2026 we arè plannirrfJ to rn8ke futher progr¥ vrith the fabric Proeds, 8nd to Snd money on d6velopir4J otrr IntiVeS for the church. We V•il1 wm to reian our surrAug smuafjon for year4nd 2028. Structurej govemance and management a. PCC Memb&rshlp Members ol th• PCC are either èx4)ffirio', or docbj 8t the Annual Parochial Church Mth'ng IAPCM} in a¢¢ord8n¢ wth Church Repr8santation Rules. Thè Moth ol app>ntment of PCC Mornr$ 15 set out in tho Church Reprwntsiion RU5. All ehurch attendees are encourag6d to register on th8 ðl Roll and stand forewion to the PCC. Plans for future parlods We are hoping to have an LLM authorised in Ihe autumn peri(MJ arml another begin tratnlng. We be completing our Tower Pro,'e¢t in June. We have our Quinquennial In5PèCtTrDTr duriry thg aumn. so will contsnue to undertake necessary fabrlc repairs exploie further r8Stor8tion works to the building. We wll r/Jnkn"nue to str8ngth8n lay par&cipation in leadershlp roles and encourage wBler voluntéariTrJ for 0thgT ministries. oprov8d by orderol the members ofthe board of Tntstee5 and 8wJnad on theirbehalfby. Revd. Dr. St•va Gdffilh8 Trustee Dat,, 19 Ilgy 2028 Page 3 Griffin Stone rSCrOp & Co
DouBlgn ID.. FB7lA11&52874782B33T5SFO241 ST ANDREWS CHURCH. ENFIELD INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Indopondent examlner's report to the Trustees of St Andrews Church, Enfleld (lhe church.) I report to the charity Trustses on my &xamination ofthe 8ccounts ofth8 for th& year ended 31 D8(xmb&r 2025. This rèport is made 801? to the thur¢h's Tru51ees. as a IKrfly, in 8¢x0rdan with Part 4 of the Charitss {Ac¢ounts and RepDrtsl R8gulations 200e. My work has been undertaken so that I mi9ht stat& to the church's Ttustees those matters I sm required to stata to them in an independent exarninsrfs ptsrt and for no other purpose. To fvlb5t extent pgmiitt8d by law, I do not awept or assume reWNb1ty to anyone other than the church and tha churth's Truste9$ 0$ 8 body, for my work or lor this rgpart, Responslbllitios and t)asls of report As the Tru5taas ol the church you are responsiblo loi the preparation of tha a¢xounis in acroTKlance wth the reqUirnnts of the charit5 Act 2011 Cth¢ 2011 Acri. I roport in resped ol my examination Dlth• church's awunts carrth out under s$ction 145 ol the 2011 Act and in carrying out my axaminalion I have followed the ap[l¢able Directs'ons given by the Charity Cornmissn urrfler section 14515llbl of the 2011 Act. Independent examiner's statsment Your attention 15 drawn to th8 factthatthe church has prepared the accounts irs accordance wilh Accounting and R8POrting by Charities.. Sta19tngnt ol ReoynTnended Pfftctice appSc8ble to chartties preparirvJ thair accounts in awotdance wth the Financial Reporting St8ThJard applicab18 in the UK and Rgplknlic of Iland IFRS 102} in preference to the AUntyng and RepoEting by Charities.. Stat8m•nt of Recornmertded Prac i$sugd on l April 2005 whith Is rof8rred to in th8 8Xtant regulatiorts but has been wtthdrawn. l understand that this has bggn done In Order for th• aCunts to provKSe a tsu6 and fair vw in accordance with thè Gan8rally Accepted Accounting Pra("c& effeclve for r8pDrtirYJ p6ricJs beginniry on or after 1 January 2015. I have completed my oxamination. l I[M that no mattw5 ha¥e come to my attent)n in conwction th2 axomination givlng mg cause to belie¥• that in any fflaterial respeet accountiNJ records were not kept in re5pec of Ih6 churth as required by s8ction 130 of thg 2011 Act,. or the accounts do not acr wth those records,. or the aount$ do not comply wth the applicable requirements cc¥icemiro the lomi and conient of accouThts sat out in the Chariti85 IAe(x>unts arKI Reportsl Regulations 2008 other than any requiremènt that the acuunts gwe a 'tru8 fgitr view which is not a matternsIdered as part of an indep9ndt examination. I have no cOnM$ and have come acr055 no other m8tt8rs in connection *ith tre examination lo whi¢h att¢ntlon should bg drawn in thi8 report in order to enabb a proper uThJerstandir¥J of thè accounts to be reached. This report is made sol$ly to the churth's Trusta&s, as a bth. in accorilance wth Part 4 of the chare5 IAccounts and Reports) Regulations 2008. My work has been undert&ken 50 that l rni9ht state to the church's Tnjstess those matter81 am required to ststg to them in an indèp8ndent examineff5 report and for no 0th8r purpose. To the fijllest exient P8nnitt8d by 18w, I do not ac£ept or assume respon&blty to anyore th8n Ihe d)urch and th8 thurch's Trustees as a bDdy, for my work or for this report. Signed.. Dated= 19 May 2026 Robèrt Sm(th FCA Grfffin Stone Moscr(Ip & Co Chartered Acwuntants 21-27 Lamb's Conduf( Street London WC1N 3GS Page4 Grfflin St(ne MoscP & Co
Docuslgn Env81ope ID.. FB7lA11&52874742Bfj-Oc37E5SEIYL4I . ST ANDREWS CHURCH. ENFIELD STATEMEKf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Rtstricted Unrestdcted fvnds funds 2025 2025 Total funds 2025 Tol81 funds 2024 Income from: Donations and legacies Charitable activities Investmen Other income 54.764 185.521 54764 185.621 1A34 116,650) 72.446 145.OCQ 2,473 47,259 116,6501 Total income 225,069 225,069 267, 178 Expendlture on: Raising funds Charitable actimlies 57 235.393 38.542 219,675 258.217 Total exp8ndlture 38,642 219.675 258,217 235,4 Ngtloxpenditureylncome Transfers between funds 138.542) 15A04 5,394 (15,404) (33.1481 31,728 14 Net movement In funds 123,1381 (10.010) 133,1481 31,728 Rgconciliation of funds.. Total funds brought forward Net movement in fvnds 23.138 123.138 737,081 110,0101 760,219 {33,1481 728,491 31,728 Totsl funds carrfed forward 727,071 727,071 760,219 The notes on pages 7 to 23 fomi part oftW fin¢1 Statern. Page 5 Grlffln Stone Moscrop & Co
DO[19n Envelop8 ID,. FBr1A11&52874742Bl437ES5E024l . ST ANDREWS CHURCH. ENFIELD BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notè Flxed 1s58ts Tangib18 assets Investsmenls 10 11 602 29,759 28,569 28.569 30,361 Currènt assets Debtors Cash at bank and in hand 12 246,029 476,179 274,892 471.083 722.208 745,975 Current liabllltles crltOrS.. amunls falling due wlhin one year 13 {23,7061 (16, 117) Net cumnt assets 698.602 729,858 Totsl assets less current liabilttl8s 727.071 760.219 Total n8t assgts 727.071 760,219 Charlty funds Restricted funds Unreslrided funds 14 23, 138 T37,081 14 n7.071 Total funds 727,071 760,219 The finanaal statèments were approvgd 8nd authorised frjr issue by th8 Tntstèès and sign&d on their behalf by: Rèvd. Dr. Stgvg Griffrths Dat8.' 19 May 2026 Th8 notss on page8 7 to 23 fom) part ofthese finan¢ial $t4tèmènts. Pag&6 Grfffln Stone t*kscrop & Co
Docusl9n Erw8lop8 ID.. F871A11W87-8749-8281-QC37E55E0241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting pollcles 1.1 Basi$ of preparatlon of financlal statements The financial statements have prepared in accordance witFT the Charities SORP IFRS 1021- Accounting and Reporting by charits= Statement of Recommended Practice applic8bla lo chaT¢Lies preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191, the Financial Reporting Standard applicable in thè UK and Republic of Ireland {FRS 102) and th8 Charrties Act 2011. financial statements have been prepared to give 8 Inje and fairf eW and have departed fr¢yn the Chariti&s (Accounts and Reports) Regulalh)ns 2008 only to the 8Xtenl required lo provide 8 'lrue and fairf view. This departure has invow followng the Chariiies SORP (FRS 1021 publish in October 2019 rather than the Accounting and Reporting by Charitie5'. Statement of Recommend Practice effeckn'v8 from 1 April 2005 vthich has since been withdrawn. St Andrews Church, Enfield meets the definthn of a public benefit entty under FRS 102. As8els ond liabili118s are Initial rec(MJnised at historical cost transaction value unloss otherwise staled in th retevant aCunting policy. 1.2 Incom8 All incoma is recconised On the church has entitlement to the in(x)me, it is probable Ihal the incom& will be receiv1 and the amount of InMe We[Vab can be measureij T81iably. Collections are recognised when received by or on IRhalf of tho PCC. Planned giving receNable nder Gift Aid is also recognised when receNed. Income tax recoverabl8 on Gift th)nalions is recognised when the underiwng income is recognisod. For leg8¢18s, entitlement is tsken as the 8adier of the date on whith either. the church is aware that probate has been granted, Ihe estste has been finalised and notification has bèen made by thè execulorlsl lo the Trust that a distribution wll b8 made. or when a distribution 1$ received frun the estate. Receipt of a *a¢y, in whole or in part. is only considered probable when the amount can be measuréd reliabty and the church has been notified of the exocutorfs intention to make a dislribulK)n. Rental income from the foTmal lettsng of church premises 15 recognksed in the SOFA in th8 accounb'ng period to %thich the rental pertains. Page 7 Grtffin Stone Moscrop & Co
Docuglgn Erwek)pe ID.. Fb7lA118-52874742Bl.37E5SEQ24l ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2025 A¢eountlng pollclas Icontinuedl 1.3 Expondlture Expendilure is recognised once there ts a legal or eonstructwe obligation to Iransf8r 8conomic benefit lo a third party, it is probable that a Ir8nsf8r of economic benefrts will be required in settlement and Ihg amount of the obligation can be measured reliably. Expenditure is classified by activty. The costs of each activty are mad8 up ol the lotsl of direct costs and shared costs, including support costs involved in undortaking oach actiwty- Direct costs attributabte to a single activity are allocated direct to that activty. Fundraising costs are th¢)5e incurred in seeking voluntary Contributions and do not include the costs of disseminating information in support of the charitable activiiies. Support costs are those costs incurred directly in support of expendrture on the objects of the church. Govemance costs are those incurred in connection with administration of the church and compliance with constitutional and statutory requirements. Co818 of generating fvnds are eosts inoJrr&J in altractiw voluntary income, and those incurred in trading 8clivilies that raise funds. Charitable athtties are costs incurred in relation lo Canng out tha Church's mini81ry. Th868 include support Costs and costs relating to the governar8 of the church which are apportioned to charitabl8 activities. Expendituie on raising funds includes all expenditure incurred by the church to raise funds for 11$ haritable purposes and includes costs of all fundraising tilieS events and non-charilable trading. Expenditure on charitable activities is incurred on directly undertaking the actN((ies which further the church's objectives, as well as any aSSLKialed support o)sts. Al expenditure is inclusNe of irrocover*le VAT. IA Interest recelyable Inl8r8St on lunds held on deposit is included when receivable and the amount can be measvr8d reliably by the ChUh., this És ftorrnal upon nottfication of the int8r8sI paid or payable by the bank. 1.5 Tangible fixed assets and d¢pre¢iation Consecrated and benefice property of any kind is exduded from the financial statements by section 10{2llcl of the Charities Aci 2011. Moveable church furnishings hekl by the and churchwardens on special trust for the PCC, and which roquire a facuty for dispos81. are accounted for as inalienable property unless con5eBraled. For such alienable propety there is insufficient cLt inf0mlon available and therefore such assets are not valued in the financial statements. All expenditure incurred during the year on consecrated or benefice buildlngs or on repair or replacement of church fumishings is expensed within the Statement of Financial Activities. Page 8 Griffin Stone Moscrop & Co
Do¢usign Enve5Dpe ID.. FB71Al1m287-874942B1-OC37E55EL4l .. ST ANDREWS CHURCH. ENFIELD NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles Icontlnuedl 1.$ Tangible Ilxgd assets and depreclatlon Icontlnued) Tangible fixed assets are carried al cost. net of deprecialion and any provision Igr impaimient. Depreciation is provided at rate5 calculated to write off the ¢ost of fixed assets. less their estimated sidual VUe, over their expected useful lives on the ftAkMtng bases: Office equipment CoTnput8r equipment 33% on straight line 33% on straight line 1.6 Invèstments Fixed ass81 investments are a fomi of financial instrument arKI are inits'ally recc4ni8od at their tran58¢1ion cost and subsequentty measured at fair value al the balan Sheet date, unloss the value cannot be measured reliably in Wtt case it 15 measured at cost less wnpaimienl. Investment gains and 105ses, whether realised or unrealiseA, are combined and pr8sentgd a5 'Gainsl(Lossesl on invesbrents, In the statement of financial athities. 1.7 Debtors Trade and other debtors are recognised al the settlemenl amount after any trade dI$Unt offefed. Prepayments are valued al the ant prepaKI net of any trnde discounts due. 1.8 Cash at bank and In hand Cash at bank and in hand indudes all cash he. 1.9 Llabllltles and provisions LiabilttEs are re¢ryJnised when fhere is an obligation at the balance sheet dale as a Tesult of a p88t event. il is probable thal a transfer of econom benefft will be required in settlement, and the amount of th& Settment can be estimated 1abty. Liabil((ies are recognised at Ihe amount that the church anlKipates il wll pay lo settle the debt or the amount it has received as advanced payments for the gLxxls or semces it musl provide. 1.10 Financlal Instrumonls The Church only has financial assels and finanual liabililvès of a kind that qualfy as basic fi'nancial instruments. 8asic financial instruments are inilialty rewgnised al transactton value and subsequently measured at their settlement value. 1.11 Penslons The church operates a defined contrTbLrtion pension scheme and the pension ¢harg8 represents the amounts payable by the church lo the fund in respect of the year. Page 9 &lffin Stone Moscrop & Co
Docuslgn EnveloFe ID.. FB71Al1&5287-87482814K37F55Etr241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting pollcles IntInued) 1.12 Fund aceountlng General funds a Unrestrict fund5 which are avaiL4ble for use at the discretion of the Trustees in furtherance of the general objeclives of the church and which hav8 not been designated for ether purposes. Resliicted fvnds are funds which are to te used in accordance wf(h speeific restrictions irnposed by donors or which have bn raised by the church for particuLqr purpos8s. The costs of raising and administerFng such funds are charged against the specific fund. Th? aim and use of each reslriclèd fund is set out in the notes to the financial statements. Pag8 10 Griffin Stone Moscrop & Co
Dow5jn Envelope ID.. FB71A1l8-5287-874982B1c37E56EO24l . ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 DECEMBER 2025 Ineom& from donations and logacles Restrict Unrestrlcted funds funds 2025 2025 Total funds 2025 Donations Tax recoverable 45,158 45,158 9,806 Totsl 2025 54,764 54,764 Restricled Unr8Strict8d funds fvnds 2024 2024 Total funds 2024 Donations 74 58.867 58,941 13.505 Tax recoverable Total 2024 74 72,372 72,446 Pag011 Griffin Stone Moscw &Co
Do¢uslgn EnveloF¢ ID.. F871A11&5287-8749-8281-QC37E55E0241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMEprrs FOR THE YEAR ENDED 31 DECEMBER 2025 Income from charitable acthities Unrestrfcted funds 2025 Total funds 2025 Loaso of Parish Centr8 Parking Rent of fkt Sub station rent 149,678 14,221 20,624 1,000 149,676 14221 20,624 1.000 Total 202S 185,521 185,521 UnTrsli7c18d funds 2024 Tot81 fvnds 2024 L&ase of Parish Centre Pthing Rent of fiat Sub station rent I20.(0 12,000 12,OC 1,000 120,000 12.QOO 12,000 Total 2024 145,(kXI 145,000 Investment Income Unrestricted funds 2025 Total funds 2025 Bank interest 1,434 1A34 Unrnstricted funds 2024 Total funds 2024 Bank interest 2,473 2,473 Page12 Griffin 5tcfie Hoscrop & Co
DDGU8kJn Envebpe ID.. F571A118-5287474942B14K37E55E0241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE HNANCIAL STATEMENTS FOR THE YE4R ENDED 31 DECEMBER 2025 other incomlng resources Unrostrlctsd fund$ 2025 Total fund5 2025 Recognitk)n of CCLI funds Pccf {18,4111 1,761 (IBA11) 1,761 Total 2025 116,6501 116,8501 In the piior year, funds were recognised as incom8 In r81atton to PCC fijnds held in CCLA accounts Vvith the CBF. Upon review, one of thes8 attounts ralates to the Connie Eagbs Trust and should not fonr part ofthe PCC lund An appropriate arfiustment has b88n r&fiacted above to reverse the Tecogrkthon of thls asset Unrpslricfed fvnds 2024 Total funds 2024 Recognition of CCL4 fund8 47,259 47,259 Page 13 iffin Stone Mosciop & Co
DoGu8PJn Envelope ID.. FB71A1184287-8742B1-{1c37E55w14l ST ANDREWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 DECEMBER 2025 Anafysis ol expendllurg on charltable act¥vllles Summary by fund type Restricted Unrestrlcted funds funds 2025 2025 Total 2025 Church actThitties 38.542 219,675 268,217 Reslncted unsleted fvnds funds 2024 2024 Total 2024 Church actNities 12,230 223, 163 235,393 Summary by eXpendIre type Stsff costs Other costs 2025 2025 Total 2025 Church activiti 46,211 212,006 258.217 Staff costs Cxhercosls 2024 2024 Total 2024 Church actrtIeS 27,545 207,848 235,393 Page 14 Grfffln Stone Moscrop &Co
Docuslgn Envek)pe ID.. FB71A118-528747494281-7E65EIY24l ST ANtXiEWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of expendlturn by activltles Activltles undertaken dlrectly 2025 Support costs 2025 Total funds 2025 Church aC*Nit5 147,4(M 110,813 258317 Actwilies undert8k8n direclly 2024 Support Tolal fvnds 2024 2024 Church actiwtieg 157.942 77,451 235,393 AnaTrys15 of dlrect costs Total funds 2026 Total nds 2024 Staff costs Missionary and Charitable GNing Ministry.. DceSan Quota Ministry.. Vicarage Land Lease Ministry.. Clergy Expenses Maintena8.. Church Vicarage Mainlenan¢e'. Parish Centre Flowers Wages and Salarie8 46,211 27,545 857 75,000 31,825 10.002 79,000 16,159 3.859 1,099 513 720 1,783 10,210 797 766 Total 202$ 147,404 157,942 Page 15 'ffin Stone Mt%CTOP &Co
Docu$ Envelope ID.. FB71A11&5287-874WB1-OC37E55E0241 ST ANDREWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Anatysls of expenditur8 by actlvltles Icontinuedl Analysls of support costs Total funds 2025 Toé81 funds 2024 Heal, Light and W8ter Maintenance.. Church Vicarage Insurance 18,115 9.729 7,755 8,306 15,576 16,435 6. f 54 8,355 3, 157 14,362 Sundry Expenses Parish office administration Festes and Fundraising events Depr8ciation Restoration Project expenditure Bank charges Cleaning, rubbk8h disposal and p8st control Revaluation of inv8Stments Governan¢e costs 602 38,542 197 716 12, 188 279 8.245 8.051 1.190 2.750 2,560 Total 2025 110,813 77,451 Page 16 Grfffin Stone Moscrop &Co
Docuslgn Enveiopp ID: FB71A1184287-874M2B14IC37E55E0241 ST AMDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Statl costs 2026 2024 Wages and salar$ Conlribukn'on lo defined contribution pension schémes 45.371 27, 125 420 46.211 27,545 Th8 average nthnb8r of p&rsons employ by the churth during the )Earwas as follobTrB'. 2025 No. 2024 No. Part time staff No employe0 r8ceived rernunsration arnounb"r¥J to morethan £60.(MJ in gilher year. Key management Personnel comprise the PCC members and they reVed no rarnuneration in the year12024- th& same). Thè church contrft&S to thè Diocesan Common Fund incurnbent is remungraied dlrecuy by the Di(Ke8e. Trustee$. •xpen$es Durfng the yaar. no Trustees rec4iv8d ary rungron or other b8ngfits (2024- rlL). During the yèar ènded 31 Decembar 2025, oxpth)ses totaling £15,52812024- £nill were rolmbursed or p8id diredy 10 4 Trustee$12024- 0 Trustegs}. Pago 17 Griffin Stone MIMrop &Co
Docusign EnlOPe ID.. F871A11W87-874M2B1-OC37E55E0241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. Tanglble fixed assets Plant and machlnery Computer equipment Total Cost or valuation At 1 January 2025 1.170 5.75S 6,925 Al 31 December 2025 1,170 5,756 6,925 Depreciatlon At 1 January 2025 Chargè forthe year 813 358 5.510 6.323 At 31 December 2025 1.171 5,754 6.925 Net book valua At 31 December 202S At 31 December2024 245 Page 18 &iffin Stone M05crop & Co
DDcuslgn En¥*lope ID.. FB71A11&5287-87e2BI7ES5Eo24l ST ANDREWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202S 11. Flxed asset investments Llsted Investments Cost or valuatlon At 1 January 2025 Revalu8tions 29.759 (1,1901 At 31 December 2025 28,569 Net book value At 31 December 2025 28.569 At 5106cembgr2024 29, 759 12. Debtors 2025 2024 Duo after more than one year other debtors 216,150 243,OCIQ 216.150 243,(XlO Du9 Within one year prepalents and acGrued income Tax recoverable Legacies receivable 250 4,642 27.000 2,879 27.000 246,029 274,892 13. Creditors: Amounts falllng duo vAthin ono year 2025 2024 Invol$ owed to $upplieYs Accrua15 and deferred income 46 16,071 23,622 23.706 16,11T Page 19 GTlffin Stone Moscrop & Co
Docuslgn Env8lopE ID.. Fb71A118ffj287-8749-82B1U37E55EO?41 ST ANDREIKS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2026 14. Statement of funds statement of funds- current year Bal&n¢o at 31 December 2025 Balancè at I January 2025 Transfers inlout Incorng Ewnditur• Unrogtrl¢ted funds General Funds 737,081 225,069 1219,675 {16,4041 727,071 Restrictgd funds 4BS Fund Restoration Prc)i8Ct (277} 15.681 22A61 (38,5421 23.138 138.5421 15,404 Total of funds 760,219 1258.217) 727,071 Purposg of re5tn'ct8d fuThJs". MAB The MABS $trici8 fund supports Chthjren and FamiKe5 Ministry at St Andrths. This was fully utilis&J in 2025. Resto K)n Pro Plans ar8 underw8y for a major Rèstoration PrciecL deveWiThJ St. Andrews to become.. - a Iruty 'community building,, On sawn days a wed( for 8veryone to enjoy - a major ncert Venue lor North London, hostiThJ choits and orch8str8s, a¢ouglic music [rtom1nce$, amateur dramatics, poaty reading5 ètL - a Heritage Cantre, in which pei>ple aThY groups can learn morè aboth thg history ofth8 church, of EThfiekJ, and the history ol our nation èncapsulatgd In so many of ourwon(brftJl monunents a hom8 for art exhibitions and hi51Dry gxhibityons - a nexible space for creabve and eTrJa9in9 worship and oth8r o)mmunrty 6¥ents The re5torat.on fvnd represents MOrY being rl1 and exwded to fvnd thè redevelownent. Page 20 Glffin Stone Moscrop & Co
DoeJJslgn Enveltspe ID.. FB71A1l&5267-874828%c37ES5Eo24l ST ANDREWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Statement of funds {contlnuedl statement of fund$- prlor yoar Balance at 31 DeGembgr 2024 Balarw al l January 2024 Incorne Exponditulp Unroslrlctsd funds General Funds 693, 197 267, 104 (223,220) 737,081 Rastricted fund$ MABS Fund Restoration Project 245 3&049 74 f42) (12. 188) 277 22,861 35.294 74 (12,230) 23,138 Totsl of funds 728,491 267. 178 f235,450) 760.219 Page 21 Griffin Stme H05ciop & Co
Do¢USn Envelope ID. F871A1184287474W2B1-OC37E55E0241 ST ANDREWS CHURCH, ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 15. Summary of funds Summary of fvnds- curr8ntyear Balance at 31 December 2025 Balanco at 1 January 2025 Transfers Inlout Incomo Expendithrè General funds Reslricled funds 737.081 23.138 225,069 {219.675) 138.6421 {15.4041 15A04 727,071 760,219 1258,2171 727.071 Summary ol fund¥- prlor yaar Balance at 31 Decemb 2024 Balance et l January 2Q24 InGome Expenditure General funds Restricted funds 693. 197 35,294 267. 104 74 (223,220) {12,230) 737,081 23,138 728,491 287,178 (235,450) 760,219 16. Analysis of net assets betwgon funds Analy$ls of ngt assets between fund5- CUIT&ntyear Unrestricted funds 2025 Total funds 2025 Fixed asset investmants Debtors due after more than one year Current as5els Credlcors due Nwthin one year 28,569 216,150 506.058 (23,7C61 28,569 216,150 $06,068 {23.7061 Totsl 727,071 727.071 Page 22 &iffin Stone Moscrop &Co
Docuslgn Envélope ID.. FB7lA11B-5287-8742B1.L37E&5E024l ST ANDREWS CHURCH. ENFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2026 16. Analysig of net assets beiweon funds {contlnued) Analysls of net assets between fund5- prk>r yèar Restncted Unr8strFcled funds funds 2024 2024 Total funds 2024 Tangible fixed assets Fixed asset investments Debtors due aft8r more thon one year Current assets Cr8ditDrs due wf(hin one year 602 29,759 243,000 479.837 (16, 117) 602 29. 759 243,000 502,975 (16.117) 23,138 23.138 737,081 760.219 Totsl 17. Capltal commltments 2025 2024 Contractsd for but not provldgd In financlal statements Repairs, Maintenan or enhancements to property 204.407 Thg contracl f¢r works15igned in DocembeT 20251 late to the rerTrèwal of Ihe towar roof. rgplacement and repair to Stone wo..k at the higher level of Ihe tcfyyer and the repointing of the stonework to the highèr level of th6 tower. which wim be paid for using Ihg Restoralion Project fijnts. Thesa wll tske place during 2026. 18. Pènslon commltments The group operdles 8 deffined contribution pension scheme. The assets of the schome are held separately from those of the group in an independently administered fund. The pension cost Charge represents conlribulions payable by th8 group to the fund and amounted to £84012024- £4201. 19. Related party transaetlons Thè aggregate donations gNen by PCC rlwiLr8 in thè yaar amounied to £19,58312024- £17,918). Payments tots15ing £10.294 12024 - £6,) pwd in Ihe year to A&R Desun, a company ty Alison Paing ltrusteel and her husband. Page 23 Griffin Stone Moscrop &Co