KENSINGTON If￿￿ED REFORMED CHURCH
ALLEN sfREET KENSINGTON
LONDON W8 6BL
ANNUAL RER)RT AND FINANCIAL S'I'ATF,MENIE
FOR THF. YF.AR ENDF.D 31 MARCH 2025
Minister
Reverend Sall Masse
Thomas
Treasurer
Mrs Gifty Saba
Church Secreta
Vacant
A55iStant Church Secretar
Mr. David Nyarko
Bankers
Barclays Bank
Lloyds
Inde
endent examiner
M B Boydell FCA
Boydell & Co
Chartered Accountants
146B Chiswick High Road
London
W4 IPU

KENSINGfoN u￿ED REFORTh(ED CHURCH
REPORT OF THE CHURCH ELDERS
FOR THE YEAR ENDED 31 MARCH 2025
The Church Elders present the annual report with the financial statements for the year
ended 1￿ch 31st 2025.
Kensington UrLited Refornied Church, one 0£ the constituent churches of the Thames
North Synod of the United Reformed Church, is registered as 'Kensington United
Reformed thurch Charity, (Charity no:1145107) under the Charities Act (2011).
Princi
al Activities
To provide regular acts of Christian worship each Sunday during the year and at
other times in accordance with the liturgical procedures of the United Reformed Church.
To offer pastoral support to church members, mernbeys of the congregation and to
those seeking assistance. To provide a friendly welcome to all visitors to the church.
To let the church Meetiiig Spa￿, sanctuary and halls when available to local
orgaiiisations, both dwitable and commercial, as a Servi￿ to the cornmunity aiid also as
a means of supplementijig the income of the church.
To maintain in good order the buildings and equipment of the Kensington United
Reformed Church. To maintain and develop links with other Christian churches througli
the Churches Together Kensington and Chelsea and with other faith groups through the
Kensington and Chelsea Faith Conimunities Partnership.
To ensure Kensington United Reformed Church is represented at the meetings of the
Thames North Synod of tlie United Reformed Church and other appropriate couiicils of
the United Refornied Church.
The Elders have held Tegular meetings during the past year to consider the pastoral care
and the task of maintaining the worship services of the church and the day to day
running of the building and finances.
The Revd Sally Massey Thomas sLqrted the ministry of our church on Isl February 2020.
Her ministerial position is jointly held with St Paul's Bayswater URC with a SCOpll￿ of
75%.
Minister: Reverend Sally Massey Thomas
Cliurch SecTetarsr. Ms Izumi Nishizono (until 6 October 2024)
Treasurer - Mrs Gifty Saba
Assistant Church &cretary: Mr David Nyarko
Serving Church Elders (2024-25) Mrs Amy Augustin, Mr David Nyarko, Ms.
Izumi Nishizono (until 6 October 2024), Mrs Gladys Osei, Mrs Evelyn (2uartey-
Papafio, Mrs Gifty sab￿ Mrs Sarah Worburton. Miss Kathy Donaldson

KENSINGTON UNITED REFORMED CHURCH
REPORT OF IHE CHURCH ELDERS
coNrtNUED
FOR THE YEAR ENDED 31 MARCH 2025
Elders
Elders elected are elected to serve by the Church Meeting. Under the constitution of the
Kensington United Refonned aiurclL Elders will also act as Trustees to the Kensington
United Reformed Church Charity.
Inde
endent Examiner
Mr M B Boydell FCA
Boydell & Co.
Chartered Accountants
146B Chiswxck High Road
London W4 IPU
Bankers - Church
Barclays Bank
Lei￿ster
LFS7 2BB
Bankers - Church halls
Ll()yds
K￿￿IngtOn High Street
London W8
Financial re
ort
The accounts have been prepared to camply with the requirements of the Charities Act
2011 and the Statenient of Reconmiended Practice for Charities aiid with the regulations
made under the Church Accountiiig Resulations 2006. They ￿e pi'epared on ali accruals
basis and they are subject to a repoit by an Independe.nt Exaininer.
Review of this
earfs activities
We continue to hold regular services and meetings in-person. The outdoor service followed
by a picnic in Holland Park in July liad to be held iii the Meeting Space because of raiii.
There was a c￿ldIe11t Christmas Carol servi￿ ui our church in Deceinber. The joiiit
Christmas Day service was on Zoom and the joint bible study group with St Paul's
Bayswater URC between September ￿]d the end of June were held every other week on
Zoom.
The church attendance at Sunday services has dedined since Covid, and is a serious
concern.
A variety of groups use oui pi'emises. Edai Montessori Nursery holds leases to use the halls
during the week. Other regular hirers include children's groups, toddlei groups, self-help
groups, Loncert organisers, and one other Christian denomination. There were also a
number of one-off leitings.
The income from hires is doing well and helps OUT finances. Rooms were let to most groups
at a commercial rate, aid to self-help groups (Alcoholics Anonymous and Gamblers
Anonymous) at a reduced rate. We are pleased to be able to support AA ￿ld GA in this
way.

KENSINGfoN UNIIED REFORMED CFtURCH
REPORT OF THE CHURCH ELDERS
cobrrINUED
FOR THE YEAR ENDED 31 MARCH 2025
Review of this
earfs activities
continued
The church decided to apply to the Council for a licence for same-sex marriages in February
2024.
We continue to welcome fOrn￿r members and new visitors to our services. We hope to
develop further and restOTe coiigregation gTowth through community engagement and in
prayer.
Future Activities
The Elders wish to focus on:
Improving provision for pastoral care with the help of our minister, the Revd Sally Massey
Thomas, together with the members of the congregation.
Trying to identify mission and outreach in the local cotnmunity and implementing them
with the help of our minister.
Making the sanctuary and the Meeting spa￿ available for church-related activities during
the week.
Continuing with the current programme to irnpi'ove the financial position of the church and
to create a surplus of income over expenditure.
Risk Mana
eme
The Thurch Elders are continuing to identify major risks which impact on the work of the
church, especially in regard to the security of the diurch's financial assets.
It was discovered that the colurnns that support the upstairs gallery are leaning. Similarly,
the height of the balustrade is too low. We have been trying to address these two issues and
hope they could be dealt with in the new fiscal year.
The building project on the adjacent land affects our building. The issues during this fiscal
year were the right to light, and the protection of the 19th century windows during the
digging phase. With help from Rapleys, our surveyor, both issues will be deaIt with in the
new fAsca] year.
The Elders are mindm that safeguarding procedures in line with the current legislation for
all who work with children mustbe maintained. A new safeguarding policy replaced the
old one in February 2024.
On behalf of the Church Elders

I￿S￿GToN UNTIED REFORMED CHURCH
REPORT OF THE CHURCH ELDERS
CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Ministerfs Report
Our adivities are as outlined above and I hope we shall conlinue to develop our
engagement with the local commuruty.
I'd like to put on record my profound thanks and appreciation for our Elders who have
taken on so many extra tasks and responsibilities to share the work previously covered
by Izumi whose role went far beyoiid that required off a Church Secretary. We are all
grateful for everything that Izuzni did for us over many years and wish her every
blessing as her career with URC Church House continues to develop.
We do, however, still need someone to take on the vital role of Church Secretary (if the
person is an Elder) or Church Administrator if not an Elder. It is the same role but, in the
URC, only Elders may be named as Secretary. Nominations are welcome ￿ld encouraged
for the A.G.M.
This last year we have grieved the deaths of three of our long standing and much loved
members -
Jane Turner on 24 June 2024
F.mmanuel Larkai on 17 January 2025
Jemima Quaye on 27 March 2025
We thank God for the many blessings each of them brought to their families and to us all
as a congregation and .shall stand to remeniber and honour them at our A.G.M.
After soine delay it was agreed that my ministy with you and St Paul's Bayswater will
continue until February next year and I have requested a further extension. For tliose
who may not know, it is now a URC requirement that all minsters over the age of 68
must request a year by year extension. l intend to retire in 2027 which means it is time to
start thinking about those tasks that will need handing on to others. Apart from sharing
me with St Paul's I have a number of other roles for yow for Synod and the wider URC.
• Churches Together in Kensington and Chelsea - I service as Ecumenical Advisor on the
Standing Committee
. Kensington and Chelsea knterfaith Forum, - I work with the Council and interfaith
colleagues to devdop our local initiatives.
. Central tA)ndon Area Group (CLAG) - I currently convene this group which meets
quarterly both in person and on Zoom.
. West lK)ndon Bishops and Church Leaders - I attend three M￿l￿gS a year both as a
local church leader and as Acting Ecumenical Officer for the Synod.
• Acting Ecumenical Officer - this engages me with all ecumenical partnership churches
in our Synod. It is meant to be the other 25% of my time but for the last three years this
has also induded -

. KENSINGfoN UNITED REFORMED CHURCH
. REPORT OF THE CHURCH ELDERS
CONIINUED
. FOR THE YEAR ENDED 31 MARCH 2025
. Interim Moderator with High Cross United Reformed Church. This role has continued
far longer than anticipated because the minister they called was suspended before the
induction servi￿.
. For Synod l also serve on the Pastoral Committee, Assembly Executive and am a Racial
Justice Advocate.
. For the URC I am vice-chair of the ecumenical Churches Funerals Group.
Life is never dull!
I should also like to express my thanks and appreciation to Richard MuIlen-Speight who
has achieved so much during his time as our Facilities Manager. By the time you read
this we will have appointed someone new and we wish Richard every blessing for his
new career in America.
And to all of you a huge thank you for being part of our small congregalion. Your
friendship, loy
upport is so much appreciated.
Reverend Sally
as
Thomas ( Minister)
2025

KENSINGTON UNITED REFORMED CFIURCH
STAIEMENfoF FINANCIAL ACttVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted TOTAL TOTAL
Funds
Funds
2025
2024
Notes
INCOME AND En￿ND[rURE
INICON(ING R￿)URCEs
Offerings
Donations and gTants
Inveslment income and interest
Property income
Other income
Income lax recoverable
(2)
7?74
481
19,868
107,007
7374
7,592
152
18,728
115,434
19/68
107,007
1,501
TOTAL ￿comING RESOURCES
134,730
143,407
RESOUR￿ USED
Ministry & Mission fund contributions
Ministers, expenses & I(￿al ministy
Premises costs
Other expenses
Donations
(3)
36538
1,098
111,838
30,638
152
36,538
1,098
111,838
30.638
152
34596
780
67,180
17.496
102
TOTAL RESOUR￿£ USED
180,264
180,264
120,154
NET INCOMING/(OUTGOING)
RESOURCES
(45,534)
(45.534)
23.253
GAINS AND LOSSES (note l)
Unrealised Gam/ (LOSS)
(13,836)
(13,836)
27,883
NET MOVEMENf IN FUNDS
(59,370)
(59370)
51,136
BALAN￿ bought forward
At l April 2024
617,754
618￿02
567,666
BALANCES carried forW￿d
At 31 March 2025
£ 558,384
£ 1,048 £ 559A32 £ 618A02
The notes on page5 6 to 10 forni part of these accounts.

KENSINGTON u￿rED REFORMED CHURa
BALANCE SHEET
AT31 MARCH 2025
Notes
2025
2024
TANGtBLE FIXED ASSErs
Investment assets
Church equipment
(i)
(4)
(5)
408,098
6399
421,934
3,149
414,497
425.083
CURRENf AssErs
Debtors
Cash at bank
(6)
32,954
116,676
31,277
167,887
149,630
CREDrroRS: amounts falling due within
one year
199,164
(4
(4,695)
(5,445)
NET CURREwf ASSEts
144,935
193,719
£ 559W2
£ 618,802
Unrestricted
Restricted
558,.384
1,048
617,754
1,048
(8)
£ 559,432
£ 618002
Approved by the Church Elders on
2025 and signed on their behaIf by
Gifty Saba - Treasurer/Elder
Reverend Sal
yTho
s (MinisteT)
The notes on pages 6 to 10 fonn part of these accounts.

NOTES TO THE FINANCIAL ACrIVtr￿S
FOR THE YEAR ENDED 31 MARCH 2025
AccouwfING POLICIES
The financial statements have been prepared in accoidance with the Statement of Recognised Practice -
Accounting for Charities (2015) and the Church Accounting Regulations 2006.
The financial statements have been prepared under the historical cost convention except for the
valuation of investment assets, which are shown at market value.
Funds
UnTestricted funds represent the funds that are not subject to any restrictions regarding thexr use and are
available for use in furtheran￿ of the objectives 0£ the Church. Restricted funds are those donated
for use in a paTticular area or for specific purposes.
The accounts include all transactions, assets and liabilities for which the Elders are responsible in law.
They do not include the accounis of church 8TOUPS that owe their main affiliation to another body nor
those that are infornial gatherings of Church Me￿bers.
Incomin
ResouTces
Voluntary income and capital sources:
Collections are recognised when received by or on belialf of the thurch.
I)lanned giving receivable under Gift Aid is recognised only when received.
Incon￿ tax recoverable on Gift Aid is reco8nised when the income is recognised.
Grants and legacies to the Church are accounted for when the Church is notifAed of ILS legal entitlement
and the amount due.
Pro
er
incom
Ilental income from the letting of thurch premises .is Tecognised when the renial is due.
Income from investments
Dividends and inteiest are accounted for when receivable. Tax recoverable on such income (if any) is
recowsed in the same accounting year.
tsains and losses on investments
Realised gains OT losses are recognised when investments aTe sold. Unrealised gains or losses are
accounted for on revaluation of invesbments at 31 March.
Resources used
Grants:
Grants and donations are accounted for on an accrua15 basis.
ActivÈties direetly relating to the work 0£ the Church
The Ministry & Mission contributions are accounted foy when payable.

I￿SINGroN UN￿ED REFORMED CHURCH
NOTES TOIHE. FINANCIAL ACIlVtrIES
FOR THF. YEAR ENDED 31 MARCH 2025
Fixed assets
Consecrated land and buildings and moveable diurch furnishings:
Consecrated and beneficed propeTty is excluded from the accounts by s.10(2)(a) and (c) of the Charities
Act2011.
No value is pIaced on movable church furnishings held by the Elders on special trust for the Church
since the Elders constder this to be inalienable property. All expenditure incurred during the year on
consecrated or benefice build]r￿ and movable church fi￿nIShings, whether maintenance or
improvement, is written off &5 expenditure in the SOFA and separately disclosed.
Otlier fixtures fittin
and office
ment
Equipment used within the church premises is depreciated on a straight-line basis over 4 years except
foT individual lien￿ of equipmeiit with Purchase price of £2,000 or less which are wi'itten off wlien the
asset i8 acquired.
Investments
Investments are valued at market value at the yeaT end.
Current assets
Amounts owing to the Church at 31 March in respect of fees, renls or other income are shown as debtors
less provision for amounts that ]nay prove uncollectible.
INCOMING RESOLlliCE
Unrestricted Restricted
Funds
Funds
TOT AL TOTAL
2025
2024
Offerings
Freewill offering scheme
Loose offerings
Income tax recoverable
4852
2,740
1,501
2.650
7.374
7,374
9,093
Donations and grdnts .'
Charitable donations
Miscellaneous sncome
Grant received
152
.152
Investment Incon￿ and intere%t
Rental and hiring income
Other income
19,868
107,007
19,868
lo7.0￿/
18.728
115.434
126,875
126,875
134,162
T(yfAL INCOMING RESOURCF.S
134,T30
134,730
143.407

io.
KENSINGTON UNTfED REFORMED CHURCH
NOTES TO THE FINANCIAL ACThVTfIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestncted Restricted
Funds
Funds
TOTAL
2025
TOTAL
2024
RESOURCES USED
Ministry and MissAon Fund contributions
36,538
36,538
34.596
36,538
36.538
34596
Minisiry:
Visifins ministers/local ministry
1,098
780
1,098
1.098
780
14Emises costs:
aeaning
Manse Expenses
I leat aiid light
Wages
Insui'ance
Church building repaiis and maintenance
Administration of halls
Council'fax
L,ice.nse tees
Water
I4,￿3
11,455
24,530
7,218
7,370
31364
1¥88
1,440
I4,￿3
IIA55
24,530
7,218
7,370
32,364
12.388
13.100
4.168
13,607
7,592
10.414
16.776
1,221
145
157
170
170
111038
111,838
67,180
Other expense5:
Organist, choir and niusic
Telephone and broadband
Priiiting. ststionery. copxer and computer costs
Sundry expenses
Independent examiner's fee
PTofessional Fees
Book-keeping
Depreciation
4,211
1,162
748
636
3x0
16208
4,211
1,162
748
636
3,559
1,840
818
634
3,540
4,055
1000
1,050
16,208
2,000
2.133
1133
30,638
17A96
Donations:
Miscellaneous
152
152
102
152
152
102
T(yfAL RESOURCSS USED
180,264
180.264
120,154

ii.
KENSIKGTON UNrrED REFORMED CHURCH
NOTES TO THE FINANCIAL AaIVITIES
coNrINUED
FOR THE YEAR ENDED 31 MARCH 2025
INVFSTMENf FIXED ASSETS
Market value..
At l April 2024
Addihons at COSt
Disposals
Net (Loss) on annual revaluation
421,￿34
(13,836)
At 31 March 2025
£ 408,098
The investments are all quoted on a UK stock exchange.
CHURCH E
utPMENT
Balance l April 2024
Additions -
9,659
5383
15,042
Depreciation as at 01 April 2024
Depreciation charge for the year
6,510
2,133
Depreciation &$ at 3] March 2Q25
Balance 31 March 2025
DEBTORS
2025
2024
Prepayments
URC Thames North Trnst
615
32,339
603
30,674
£ 32,954 £ 31.277
CREDfi'oI£s: AMOUN15 FALLING DUE WtrHIN ONE YEAR
2025
2024
Accruals
Other Creditors
3,540
1,155
3,540
1,905
£ 4,695
£ 5,445

12.
THE KENSINGTON UNrrED REFORMED CHURCH
NOTBS TO THE FINANCIAL ACfIVITIES
coNrINUED
FOR THE YEAR ENDED 31 MARCH 2025
RESTRICTED FUNDS
Movements oli restricted funds during the year were as follows:
Funds:
B/f Received Expended Transfer
C/f
Bursary Fund for Young peoples,
Christian education/ conferences
Fund from funerals for church mission
849
199
849
199
£ 1,048
£ 1,048
DEVELOPME￿ OF CHURCH BUILDINGS
Kensington Uniled Reformed Cliiirch and Church Hall are owned by URC Thcimes North Trust,
a registered cliarity, number 1022551. Kensington United Reformed Church (throiigh its Elders)
is responsible for maintaining the premises and it Is permitted to retain any rental income
derived therefrom.
Monies accruing to the building deveIopment are held on belialf of Kensington United
Reformed Church by the URC Thames North Trust.
The financial stsitements record the income from lettings and the adniin￿trati0n and
maintenance costs and the cost of fiirnishings and equipment.
10.
THE
ENKINS LEGACY
URC Thames North Trust has been holdin% funds de.rived froin "The Jenkins Legacy"
Following discussions with them and because they hold these funds on trust for Kensington
United Reformed Church, it was agreed that the funds held by them as at l April 2009
amounting to £ .34,264 should be treated as income in the financial statements as at that date aiid
they would be included as debtors. Interest arising and administration charges from that date
are included in the Statement of Financial Activities.
11.
CHURCH ELDERS EMOLUMENTS
Two of the church elders received emoluments during the year for their services. The church
secretary, Izumi Nishizono (until 6 October 2024) received £12,388 (2024 £16,776) for the
administration of the hall lettings and the church treasurer, Gifty Saba received £ 2,000 (2024
£2,000) for book-keeping services.

13.
INDEPENDEKf EXAMtNER'S REPORT TO THE ELDERS OF
KENSINGfoN UNrrED REFORMED CHURCH
This report on the accounts of the Church for the year ended 31 March 2025, which are set out on
pages 5 to 10, is respect of an examination carried out in accordance with the Church Accounling
Regulations 2006 ("the Regulalions") and section 145 of the Charities Act 2011 ("the Act").
Res
ective res
onsibilities of trustees and examiner
The ChllTch Elders as Charity Trustees for the Cliurch are responsible for the preparation of the
accounts. They consider that the audit requirenient of the Regulations and section 144(2) of the Act
does not apply and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act and the Regulations;
to follow procedures laid down in Ihe general Directions given by the Charity
Commission under sectton 145(5)(b) of 2011 Act; and
to state whether particular matters have come to my attention.
Basis of this re
ort
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. That examination includes a review of the accouiitin8 iecords kept by the Church
Elders and a comparison of the accounts with those records. It also includes considering any
unusual items OT disclosures in the. accounts and seeking explanations from the Elders as trustees
conceniing sucli matlers. The procedures undertaken do not PTovide all the evidence that would be
required in an audit, and consequently I do not express an audit opinion on the view given by the
accounts.
Inde
endent examinerfs statemeiit
In connection with my examinatiim, no matter has come to my attention..
(l) which gives me reasonable cause to believe that in any material Tespect the requirements to keep
accounting records in accordance with section 130 of the 2011 Ac¢ and to prepare accounts which
accord with the accounting TecoTds and to comply WAth the requirements of the Act and the
Regulation5 have not been me¢ or
(2) to which, in my opinioTh attention should be drawn in order to enable a Proper understanding
of the accounts to be reached.
M B Boydell FCA
Boydell & Co
Chartered Accounlants
146B Chiswick High Road
London
W41PU
2025

14.
APPENDIX TO THE 5rATEME￿ OF FIN5ANCIAL Acr[vTr￿S
FOR IHE YEAR ENDED 31 MARCH 2025
The following inforniation regarding the ChuTch Ha115 and Nursery is included in the property
income and expenditure shown in the Statement of Financial AciTvittes on page 4 of the finanaaj
statements.
Income
2025
2024
Hall lettin%s
107,007
115,434
enditure
Administratioii- by self employed individuals
Lleaning
Manse expenses
Independent examination and accountancy (20% propoTtion)
Insijrance (say 20% proportion)
Council Tax
Heating & lighting (say 50% proportion)
Repairs and maintenance {say 50% proportion)
Telephone
Wages
12,388
14,903
11,455
708
1,474
16,776
13,100
4,168
708
1,518
1,221
6.804
5,207
1,840
12,265
16.182
1,162
5,605
77,582
PROFrr of income over expenditure re Halls
51342
£ 29A25
£ 64,092