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← The Parochial Church Council Of The Ecclesiastical Parish Of St Luke Edgbaston Birmingham

2025-12-31-accounts

ST LUKES PCC EDGBASTON, BIRMINGHAM Charity Registration number : 1161342

REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

TRUSTEES ANNUAL REPORT

Administrative Information

Registered Charity Number 1161342 Principal / registered address St Luke’s Church Centre, Great Colmore Street, Birmingham, B15 2AT

Bankers

Lloyds Bank 36-38 New Street, Birmingham, B2 4LP

CAF Bank 25 Kings Hill Avenue, Kings Hill, West Malling, ME19 4JQ

Triodos Deanery Road, Bristol, BS1 5AS

Auditors Knight Goodhead Limited 7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, S053 3DA

St Luke’s Edgbaston is part of the Diocese of Birmingham within the Church of England. The correspondence address is Vicar, St Luke’s Edgbaston, Great Colmore Street B15 2AT. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006).

The PCC Members who have served at any time from 1st January 2025 until the date of this report was approved are:

Ex Officio Members — Clergy & Lay Workers

Rev’d Tim Hughes (Chair) – Vicar

Rev’d Dr Nick Drake – Priest of the Parish Rev’d Ali Herbert – Priest of the Parish

Rev’d Pete Norris – Priest of the Parish

Rev’d Jerome Daniels — Priest of the Parish (joined September 2025)

Rev’d Mike Darbandi — Curate (left March 2026) Rev’d James Leavy — Curate Rev’d Ronia Jamera — Curate (joined July 2025)

Rev'd Katie Stock — Curate (became Curate-in-Charge of the Parish of Christchurch Summerfield January 2023, St Luke’s Edgbaston licence ended October 2025)

Paul Nelson — Curate (from July 2025, previously Licensed Lay Worker)

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

Ex Officio Members — Church Wardens

Hannah Miller — Church Warden (was previously PCC Secretary until April 2025) Mamfuka Mudere – Church Warden Jonathan Pearson – Church Warden (term ended April 2025)

Elected Members

James Bird (Safeguarding Lead) Nick Harding (PCC Secretary from April 2025) Susan Mountford Alison Lee (elected April 2025) Russ Lowman (elected April 2025) Frank Harper (term ended April 2025, former Treasurer) Oliver Snelling (term ended April 2025) Sophie Crew (resigned December 2025) Hannah Garratt (elected April 2025, resigned February 2026)

Handsworth & Central Deanery Synod Elected Members (ex-officio)

Lucy Cavell Joshua Wilson Akhil Shah (Treasurer) Keith Kaselampao Henry Rattle Pamela Nyambayo (elected April 2025)

Birmingham Diocesan Synod Elected Members (ex-officio)

Jonathan Pearson (as well as former Church Warden until April 2025) Daniel Lonergan Ifeoluwa Obakin

Co-opted Members

William McKemey Darlene Cons (co-opted April 2025)

There are a further 3 Deanery Synod Reps on the Kings Norton, Moseley & Solihull Deanery Synod who represent Gas Street South and don’t sit on the St Luke’s PCC.

Structure, Government and Management

The method of appointment of PCC members is set out in the Church Representation Rules. At St Luke’s Edgbaston, the membership of the PCC consists of the Vicar, the Parish Priests, the Church Wardens and then seven members elected by the congregation who are on the electoral roll of the Church (one of which is the PCC Secretary). In addition, there are six ex officio members who are members of the PCC by virtue of their membership of Deanery Synod.

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

On 22[nd] January 2022, a Bishops Mission Order (BMO) set up the Mission Initiative to be known as Gas Street South. That BMO noted the following;

Organisation, governance, finance and management and control of property;

As part of the Gas Street family the Mission Initiative will operate from within the structures of Gas Street.

There are two representatives from each church location (Gas Street Church, Gas Street St Luke’s and Gas Street South) to ensure representation and good governance.

Ahead of the launch of Gas Street Longbridge in February 2024, a Service Level Agreement was signed by St John the Baptist Longbridge PCC in November 2023 to delegate the operational running of Gas Street Longbridge to St Luke’s Edgbaston PCC and its staff team. St John’s remains an independent PCC responsible for its building, safeguarding, pattern of worship and insurance.

In the Service Level Agreement, the below was outlined to ensure shared oversight across Gas Street locations:

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, the Mission Initiative, and other locations, including deciding on how the funds of the PCC are to be spent. All PCC members are safer recruited, given a role description prior to joining to ensure they understand their responsibilities, and have full safeguarding training which is renewed every three years.

The full PCC meets a minimum of five times a year with an average attendance rate of over 72%.

To ensure effective governance throughout the year, the following bodies are also part of the Governance structure;

Joint Standing Committee –The Standing Committee (SC) as detailed in Church Representation Rules (2017), is a committee of the Parochial Church Council (PCC), and reports to the PCC. Specifically, it is empowered to transact the business of the PCC between the meetings thereof subject to any directions given by the PCC. The SC consists of the Vicar, the Associate Vicar, the two churchwardens, the Treasurer, the PCC Secretary, and a churchwarden from St John’s PCC. The Exec Team (Co-Senior Pastor, Executive Lead & Associate Pastor are also in attendance).

Location Consultation Group – each church location has a consultation group, chaired by the Location Pastor. These Committees have no delegated authority, but their purpose is to discuss and pray for the location and feedback to the PCC on any decisions or changes they feel are necessary. These location committees will meet several times a year at the discretion of their Chair.

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

Exec Team — The Exec Team has delegated responsibility from the PCC for executing the day-to-day management of the church, bringing spiritual and operational leadership and putting Vision & Strategy in place. It is the senior leadership team and the key decision-making body on behalf of the PCC. The Exec Team consists of:

Full terms of reference for the governance structure can be found at

www.gasstreet.church/governance

Aims and Purposes

St Luke’s Parochial Church Council (PCC) has the responsibility of co-operating with the Vicar, Reverend Tim Hughes and the Parish Priests, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also responsible for the maintenance of Gas Street Central (Gas Street, Birmingham) and Gas Street St Luke’s (Great Colmore Street, Birmingham).

Objectives and Activities

The PCC is committed to enabling the two locations which make up the parish of St Luke’s Edgbaston (Gas Street St Luke’s and Gas Street Central) and the Mission Initiative, Gas Street South, to provide light and hope for the people in the city of Birmingham through the worship within the church buildings and through actions and activities in the community and beyond. The PCC is also partnering with St John’s to expand its mission to Gas Street Longbridge.

The PCC maintains an overview of worship at all church locations and advises on how the different congregations work together bringing their different gifts and skills to reach more people in Birmingham.

This year has seen an exciting growth both in the size of our church community and its representation. We have seen 14% more attending across locations at the end of 2025 compared to the end of 2024. We saw 315 make a commitment to Jesus in 2025. We regularly have over 120 Kids on a Sunday, and we baptised 134 people in 2025.

There are over 750 people plugged into mid-week communities across the city. Our youth and student mid-week groups are also growing and thriving as we seek to provide church community for all ages; with over 160 young people and around 120 students engaged.

One of our aims is to build a church community that is diverse and represents the diversity of the city we live in. Whilst recognising we have a lot more to do, we are encouraged by the increased diversity we have seen in the last few years:

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

Our International Fellowship Community continue to gather with us on Sunday mornings at Gas Street Central and mid-week at Gas Street St Luke’s, enabling this community to meet and worship in their own language.

Our missional presence in Attwood Green & Lee Bank in 2025 has made a real, tangible difference to the lives of those in our local area. We have provided the following Hope Projects, alongside building relationships with the local community:

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

We have also been a Warm Welcome space, advertised across many platforms, providing a place for people to be warm, seen, and welcomed without needing to spend a penny. Our Pay It Forward system at Colmore Coffee has really helped to support this.

We also launched our signposting strategy which is designed to engage the church congregation in missional activities across the city. Integrating mission into the life of our church across all locations is going to be a focus throughout 2026.

Missional Giving

The PCC made a commitment to give away 10% of it’s giving for missional purposes. Grants are given to external organisations and to Missional Partners which are approved each year by the PCC, in line with mission principles & values:

Mission Principles - the PCC believes mission should include the following:

  1. To proclaim the Good News of the Kingdom

  2. To teach, baptise and nurture new believers

  3. To respond to human need by loving service

  4. To seek to transform unjust structures of society and pursue peace and reconciliation

  5. To strive to safeguard the integrity of creation and sustain and renew the life of the earth

These principles are based on the five marks of mission that were developed by the Anglican Consultative Council between 1984 and 1990 and stem from the understanding that God’s glory is to be declared to all nations.

Mission Values - the PCC believes mission should be:

  1. Faithful to the clear teaching of scripture

  2. Done in the power of the Holy Spirit

  3. Done in partnership with the local church

  4. Culturally relevant and appropriate

Mission Priorities - the PCC’s mission priorities are:

  1. To extend Jesus’ Kingdom in the City of Birmingham

  2. To extend Jesus’ Kingdom through church planting and church resourcing, including enabling worship

  3. To extend Jesus’ Kingdom to vulnerable children

Missional Partners are selected and proposals will be assessed against these principles, values and priorities. One-off gifts may be given to other organisations that are in line with the principles & values, at the Standing Committee’s discretion.

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

The following gifts have been made in 2025:

Electoral Roll for the Parish

Currently there are 516 on the St Luke’s Parish Electoral Roll as recorded at the APCM April 2025. There are a further 118 on the Gas Street South Mission Initiative Roll as recorded at the APCM April 2025.

Future Plans

Throughout 2026, the PCC intends to keep growing the church community across four locations and has a commitment to church planting across Birmingham & beyond - including into Belfast, Northern Ireland & Stechford, Birmingham. There will be a particular focus on prayer & worship.

Financial Review

The Gas St building was purchased by the Birmingham Diocese in 2015 and all the funds raised and project spend was handled on behalf of St Luke’s by the Birmingham Diocese Board of Finance (BDBF) until 30th June 2016. To enable the BDBF to fund the purchase the Gas St congregation committed to service two loans: (i) a loan of £730,000 with interest being charged at base rate plus 0.5% (renegotiated during the year from base rate plus 3.5%); and (ii) and an interest free loan of £340,000 repayable in annual instalments over 5 years, which was repaid in full during 2021. The loan balance outstanding as at 31st December 2025 was £464,548.

During 2023 the church sold its property in Princess Street, Birmingham and purchased a new property using the sale proceeds as well as a mortgage from Stewardship. The balance outstanding on this mortgage as at 31st December 2025 was £232,534.

The total income for the year ended 31 December 2025 on unrestricted funds was £1,820,002 (2024: £1,963,269). The details of the income from donations of £1,571,528 (2024: £1,471,473) are shown in the Financial Statements. The Great Colmore Street church centre is used significantly by the local community and produced an income for the year of £103,169 (2024: £143,048).

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

The restricted fund income for the year of £440,280 (2024: £479,456) included a generous gift of £29,304 from St Martin Trustees to help provide financial support for staff costs.

As shown in Notes 12-13 of the accounts, the church received funding from Birmingham Diocesan Finance Board for the running of Gas Street South and Gas Street Longbridge via their Strategic Development Fund. We also received matched funding of £26,000 from the Church Revitalisation Trust under the Love Your Neighbour (LYN) scheme agreement.

The total expenditure for the year in respect of unrestricted funds on Christian ministry was £1,802,860 (2024: £1,762,991) and this included total direct staff costs of £618,657 (2024: £406,447).

The net result for the year shows a surplus of £77,188 (2024: 133,010), and an unrestricted funds balance of £1,241,143 (2024: £1,180,086).

At 31 December 2025, total funds stood at £1,362,294 (2024: 1,285,106). This includes £121,151 in various restricted funds (2024: £105,020) and £460,585 in various funds designated by the PCC for particular purposes (2024: £530,570). General Funds totalled £780,588 (2024: £649,516) at the year end.

Reserves Policy

The reserves policy states that we will ‘ensure we maintain sufficient cash to meet at least 2 months’ unrestricted payments’.

At 31 December 2025, our cash reserves totalled £777,659, while our current unrestricted expenditure for 2 months is £301k, so we are within the stated reserves policy.

Additional Information

The PCC would like to thank all the volunteers on both church sites who work tirelessly to make St Luke’s Edgbaston a welcoming, worshiping and outward looking community. Many of these volunteers go unseen and unrecognised but the PCC is so thankful for their commitment, energies and time.

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ST LUKES PCC EDGBASTON, BIRMINGHAM YEAR ENDED 31 DECEMBER 2025

Statement of responsibilities of the trustees

The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and the United Kingdom Generally Accepted Accounting Practise (UK GAAP).

The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended.

In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees 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 the trustees and signed on their behalf by

A Shah

Trustee

Date:

9

INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF ST LUKES PCC, EDGBASTON, BIRMINGHAM

Opinion

We have audited the financial statements of St Luke's PCC, Edgbaston (the Charity), for the year ended 31 December 2025, which comprise the Statement of Financial Activities, the Balance Sheet, the Cash flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, including the trustees' report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF ST LUKES PCC, EDGBASTON, BIRMINGHAM

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under Section 144 Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.

We identified the laws and regulations applicable to the Charity through discussions with trustees and other management and we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence.

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INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF ST LUKES PCC, EDGBASTON, BIRMINGHAM

We assessed the susceptibility of the Charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we performed analytical procedures to identify any unusual or unexpected relationships, tested journal entries to identify unusual transactions and investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Knight Goodhead Limited is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Use of our report

This report is made solely to the Charity’s trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

CJ GOODHEAD FCA Dated: Senior Statutory Auditor Knight Goodhead Limited

Chartered Accountants and Statutory Auditors

7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, SO53 3DA

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ST LUKES PCC, EDGBASTON, BIRMINGHAM

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Notes
INCOME
Donations and legacies
Charitable activities
Trading activities
Investments
Other income
Total income
3
EXPENDITURE
Charitable activities
4
Total expenditure
NET INCOME BEFORE GAINS AND LOSSES
Loss on disposal of fixed asset investments
8
NET INCOME BEFORE TRANSFERS
Transfers between funds
NET MOVEMENT IN FUNDS
FUND BALANCES AT 1 JANUARY 2025
FUND BALANCES AT 31 DECEMBER 2025
13		 Unrestricted
Restricted
Total
Total
funds
funds
2025
2024
£
£
£
£
1,571,528
36,840
1,608,368
1,550,050
81,797
1,515
83,312
305,113
103,169
-
103,169
143,048
8,931
-
8,931
7,068
54,577
401,925
456,502
437,446
1,820,002
440,280
2,260,282
2,442,725
1,802,860
380,233
2,183,093
2,309,715
1,802,860
380,233
2,183,093
2,309,715
17,142
60,047
77,189
133,010
(1)
-
(1)
-
17,141
60,047
77,188
133,010
43,916
(43,916)
-
-
61,057
16,131
77,188
133,010
1,180,086
105,020
1,285,106
1,152,096
1,241,143
121,151
1,362,294
1,285,106

13

ST LUKES PCC, EDGBASTON, BIRMINGHAM

Charity number: 1161342

BALANCE SHEET AS AT 31 DECEMBER 2025

Notes
FIXED ASSETS
Investments
8
Tangible assets
7
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS: amounts falling
due within one year:
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS: amount falling due
in more than one year
11
FUNDS
12-14
Unrestricted:
Designated
Other unrestricted
Restricted
TOTAL FUNDS		 2025
£
-
1,248,096
1,248,096
191,408
777,659
969,067
(231,902)
737,165
1,985,261
(622,967)
1,362,294
460,585
780,558
1,241,143
121,151
1,362,294		 2024
£
1
1,297,830
1,297,831
157,395
704,267
861,662
(177,925)
683,737
1,981,568
(696,462)
1,285,106
530,570
649,516
1,180,086
105,020
1,285,106

Signed on behalf of the PCC by:

………………………………………………………….

A Shah Trustee

Date:

14

ST LUKES PCC, EDGBASTON, BIRMINGHAM

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025

2025
Notes
£
NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES
1
258,342
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends and interest received
8,931
Purchase of fixed assets
(80,821)
CASH FLOWS FROM FINANCING ACTIVITIES
Mortgage repayments
(6,671)
Diocese loan repayments
(66,366)
Interest paid
(40,023)
NET CASH FLOW
73,392
2025
£
Cash at the end of the year
2
777,659
Cash at start of the year
704,267
Increase/(decrease) in cash in the year
73,392
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025
1 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025
£
Net movement in funds for the year
77,188
Dividends and interest received
(8,931)
Interest paid
40,023
Loss on disposal of fixed asset investments
1
Depreciation
130,555
Decrease/(increase) in debtors
(34,013)
(Decrease)/increase in creditors
53,519
Net cash flow from operating activities
258,342
2 ANALYSIS OF CASH AND CASH EQUIVALENTS
2025
£
Cash at bank and in hand
777,659		 2024
£
237,186
7,068
(56,821)
(5,779)
(65,580)
(50,321)
65,753
2024
£
704,267
638,514
65,753
2024
£
133,010
(7,068)
50,321
-
125,444
(73,852)
9,331
237,186
2024
£
704,267

15

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

3 ANALYSIS OF CHANGE IN NET DEBT
Cash at bank and in hand
Borrowings
Debt due within one year
Debt due after one year
TOTAL		 2024 Cash flows Other non-
2025
cash changes
£
£
£
£
704,267
73,392
-
777,659
(73,701)
113,060
(113,518)
(74,159)
(696,462)
-
73,495
(622,967)
(770,163)
113,060
(40,023)
(697,126)
(65,896)
186,452
(40,023)
80,533

16

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 ACCOUNTING POLICIES

(a) Basis of accounting

The financial statements have been prepared in accordance with applicable accounting standards, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective January 2019). They are prepared under the historical costs convention except for the revaluation of fixed asset investments.

The accounts have been prepared on the going concern basis. There are no material uncertainties about the charity's ability to continue.

The charity is a public benefit organisation.

(b) Fund accounting

General funds represent the funds of the PCC that are not subject to any restrictions as to their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Restricted funds are those funds that must be spent on restricted purposes and the details of the funds held and restrictions are provided in notes 13 and 14.

Designated funds are funds earmarked by the trustees for a specific project/purpose.

(c) Income

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.

l Donations and legacies

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under pledge is recognised only when received.

Income tax recoverable on gift aid donations is recognised when the income is recognised.

Grant and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.

l Charitable activities

Funds raised from church events are accounted for when receivable.

Income is deferred when received for the purpose of funding missions to be carried out in the future.

Rental income from the letting of the Centre is recognised when the rental is due.

Dividends and interest are accounted for when receivable.

Realised gains and losses are recognised when investments are sold.

Unrealised gains or losses are accounted for on revaluations of investments at 31 December.

Other income is accounted for when receivable.

17

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

1 ACCOUNTING POLICIES (continued)

(d) Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. It includes any VAT which cannot be fully recovered, and is allocated to the activity for which it relates.

l Charitable Activities

The Diocesan Parish Share is accounted for when payable.

Grants and donations are accounted for when paid over.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned between activities in line with their respective proportion of income received.

(e) Fixed assets

The buildings at Great Colmore Street comprise an integrated Church and Church Centre. These are operated under a long term lease (99 years from 1 September 2007) from the Birmingham Diocesan Trust. The lease is restrictive and has no commercial value, so the accounts continue to show the property at its historical cost of £nil.

The Gas Street premises is held on a long leasehold at a value equivalent to the cost of refurbishment. Depreciation is on a straight line basis over a 14 year period which mirrors the period over which the PCC is paying for the associated loan.

The freehold property at Middleton Hall Road is depreciated over 50 years.

No value is placed on movable church furnishings held by the Church wardens on special trust for the PCC and which require a faculty for disposal.

All expenditure incurred during the year on non-consecrated buildings is written off as expenditure in the SOFA and separately disclosed. Expenditure on movable church furnishings is capitalised where the cost exceeds £5,000.

Equipment used within the church premises is depreciated on a straight line basis over 4 years (AV computer and fixtures and fittings).

(f) Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

18

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

(g) Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial instruments issues' of FRS 102 to all of its financial instruments.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2 ADMINISTRATIVE INFORMATION

The charity is unincorporated and was registered on 20 April 2015 with the Charity Commission in England and Wales. The registered number is 1161342.

The registered office of the charity is St Luke's Church Centre, Great Colmore Street, Birmingham, B15 2AT.

19

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

3 INCOME
DONATIONS AND LEGACIES
Planned or one-off giving
Collections
Tax recovery
Total donations and legacies
CHARITABLE ACTIVITIES
TRADING ACTIVITIES
Community area sales
INVESTMENTS
Dividends
Interest
OTHER INCOME
Grant income
Gas Street Music income
Other income
TOTAL INCOME
Community area hire
Event income		 Unrestricted
Restricted
Total
Total
funds
funds
2025
2024
£
£
£
£
1,251,391
32,839
1,284,230
1,218,725
76,063
-
76,063
83,028
244,074
4,001
248,075
248,297
1,571,528
36,840
1,608,368
1,550,050
81,797
1,515
83,312
305,113
81,797
1,515
83,312
305,113
42,770
-
42,770
62,355
60,399
-
60,399
80,693
103,169
-
103,169
143,048
301
-
301
307
8,630
-
8,630
6,761
8,931
-
8,931
7,068
9,465
401,925
411,390
399,423
18,137
-
18,137
18,137
26,975
-
26,975
19,886
54,577
401,925
456,502
437,446
1,820,002
440,280
2,260,282
2,442,725

20

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

4 EXPENDITURE
CHARITABLE ACTIVITIES
Missionary and charitable giving(see also note 5)
Mission
Grants paid out
Church events
Worship costs
Community events
Community area trading costs
Depreciation on AV equipment
Ministry
Fees paid to Diocese
Staff
Salary, pensions, housing of youth & pastoral workers
Staff training
Depreciation on clergy housing
Church and Centre running expenses
Church running costs
Facilities costs
Insurance
Building development
Depreciation on leasehold improvements
Support Costs
Office costs
Subscriptions
Bank charges
Travel costs
Fundraising
Accountancy
Interest on loans
Depreciation on fixtures and fittings
TOTAL EXPENDITURE		 Unrestricted
Restricted
Total
Total
funds
funds
2025
2024
£
£
£
£
22,380
35,626
58,006
92,253
132,500
-
132,500
162,750
154,880
35,626
190,506
255,003
29,090
-
29,090
23,605
226,238
35,678
261,916
366,850
19,397
-
19,397
20,120
30,868
-
30,868
28,852
305,593
35,678
341,271
439,427
215,000
-
215,000
204,472
215,000
-
215,000
204,472
618,657
263,921
882,578
825,469
36,890
-
36,890
11,771
10,892
-
10,892
10,892
666,439
263,921
930,360
848,132
62,532
10,303
72,835
77,244
132,164
25,870
158,034
181,464
4,585
904
5,489
1,261
22,976
-
22,976
55,496
59,361
-
59,361
61,215
281,618
37,077
318,695
376,680
72,905
6,045
78,950
72,216
4,360
1,329
5,689
2,821
14,517
557
15,074
19,410
3,149
-
3,149
2,781
2,998
-
2,998
3,275
11,945
-
11,945
10,692
40,023
-
40,023
50,321
29,433
-
29,433
24,485
179,330
7,931
187,261
186,001
1,802,860
380,233
2,183,093
2,309,715

Included within accountancy above are amounts due to the auditors in relation to audit of £11,340 (2024: £10,320).

21

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

5 GRANTS

Grants and donations totalled £132,500 (2024: £162,750) and were all paid by the charity. The following donations were made to institutions and totalled more than £1,000:

Saying Goodbye £2,500
St Thomas CE Academy £5,000
Urban Devotion £35,000
Elayos £5,000
Embrace Birmingham £5,000
Karis Neighbour Scheme £5,000
Newbigin Community Trust £5,000
Krunch £5,000
Home for Good & Safe Families £5,000
Fusion £1,000
Christ Church Summerfield £15,000
Christians Against Poverty £4,000
The Orchard Women £15,000
Kids Club Kampala £5,000
Open Doors £5,000
Elam £15,000

6 STAFF COSTS

Number of employees

The average number of employees during the year was 40 (2024: 40).

Staff costs relate to all direct and indirect staff costs.

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
£
741,962
65,480
20,180
827,622		 2024
£
718,558
52,689
19,974
791,220

During the year two members of key management personnel were paid remuneration and benefits totalling £56,061 (2024: two members paid a total of £55,926).

There were no employees whose annual remuneration was £60,000 or more.

Pay for Key Management Personnel is set by members of the Standing Committee within agreed salary bands approved by the PCC for all staff.

See note 15 for disclosure of payments made to related parties.

22

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

==> picture [571 x 302] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |7|TANGIBLE ASSETS| |Freehold|Leasehold|AV|Fixtures &| |Charity|Property|improvements|equipment|Fittings|Total| |£|£|£|£|£| |COST| |At beginning of year|680,759|831,056|131,082|130,052|1,772,949| |Additions|-|-|21,912|58,909|80,821| |-|-|-|-|-| |Disposals| |At end of year|680,759|831,056|152,994|188,961|1,853,770| |DEPRECIATION| |At beginning of year|22,238|320,247|56,539|76,095|475,119| |Charge for year|10,892|59,362|30,868|29,433|130,555| |-|-|-|-|-| |Disposals| |At end of year|33,130|379,609|87,407|105,528|605,674| |NET BOOK VALUE| |At end of year|647,629|451,447|65,587|83,433|1,248,096| |At beginning of year|658,521|510,809|74,543|53,957|1,297,830| |All fixed assets belong to the charity.|

----- End of picture text -----

8 FIXED ASSET INVESTMENTS

==> picture [560 x 52] intentionally omitted <==

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |£|£| |Investment in subsidiary undertakings|-|1|

----- End of picture text -----

In the prior period, the charity owned 100% of the issued share capital of Gas Street Music Limited, a company incorporated in England and Wales (company number: 12995294). The company was dissolved on 14 January 2025.

23

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

9
DEBTORS
Trade debtors
Gift aid tax recoverable
Prepayments and accrued income
Other debtors
10
CREDITORS: amounts falling due within one year
Diocesan loans
Mortgage
Accruals
Other creditors
Deferred income
11
CREDITORS: amounts falling due after one year
Diocesan loan
Mortgage		 2025
£
55,572
44,669
73,764
17,403
191,408
2025
£
66,363
7,796
20,119
127,430
10,194
231,902
2025
£
398,185
224,782
622,967		 2024
£
83,518
19,450
27,833
26,594
157,395
2024
£
66,363
7,338
15,524
79,942
8,758
177,925
2024
£
464,548
231,914
696,462

In 2019 the PCC was party to the leasehold agreement for the Gas Street site and took on a loan from the Diocese in respect of the refurbishment costs of £730,000 bearing interest at 3.5% above base. The rate was renegotiated to 0.5% above base, beginning in January 2024. Repayments commenced in September 2022, with the amount due in less than 1 year shown in Diocesan loans in Note 11.

The mortgage is for a property purchased in 2023. This loan is secured on the property to which it relates.

Of the above amount, £321,423 is due in more than 5 years (2024: £396,844 due in more than 5 years).

24

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

12 FUNDS

The restricted funds are established for the following purposes:

St Martins Trustees To support staff costs. Collections These are collections for specific external causes and projects. Middle East Funds from a collection where the first £30,000 was pledged to fund work in the Middle East. Strategic Development Fund - GS South This represents funding by the Birmingham Diocese Board of Finance to cover costs of running the Gas Street South congregation. Strategic Development Fund - GS This represents funding by the Birmingham Diocese Board of Finance to cover costs of running Longbridge the Gas Street Longbridge congregation. The transfer out of this fund represents expenditure capitalised during the year. Love Your Neighbour - Ukraine Funding from the ‘Church Revitalisation Trust’ specifically for spending on activities and support for refugees. The transfer out represents matched giving erroneously allocated to this fund in a previous year. Love Your Neighbour - Gas Street Funds for the Love Your Neighbour ('LYN') community project. This includes funding support from the Church Revitalisation Trust for spending on all LYN activity, as well as funds collected by Gas Street Church for this purpose. The transfer out of this fund represents part of the match-funding (required by the grant for this purpose) not covered by restricted donation income.

Love Your Neighbour - Kids This represents grants received from ‘Street Games UK’ to fund summer clubs for primary school aged children. Love Your Neighbour - Food This represents a grant from Birmingham City Council under their "Warm Welcome" scheme. Youth Services This represents a grant from The Grantham Yorke Trust to fund youth outreach. Kitchen Renovation This represents funding from The Benefact Trust to be spent on kitchen renovation.

The designated funds are established for the following purposes:

Repair fund To fund repair works required on the church building. Missions fund Each year, the church aims to dedicate at least 10% of its giving for missional purposes. Grants are given to external organisations and to Missional Partners which are approved each year by the PCC in line with mission principles & values as set out in the Missional Partnerships policy. One-off gifts may be given to other organisations that are in line with the principles & values at the Standing Committee's discretion. Middleton Hall Road This represents the carrying value of the freehold property, less the outstanding mortgage on it. Orchard seed funding The church intends to set up The Orchard as its own organisation. £25,000 was set aside in 2023 to facilitate this, and has been paid across to the new charity in February 2025.

25

Worship For Everyone seed funding

The church intended to support the ministry of Worship for Everyone when it was planned to be established within an independent charity, and set aside £25,000 during 2023 to facilitate this. In the event, Worship for Everyone was instituted as a Ltd company and the PCC of St Luke’s therefore resolved to return the funds to the Mission Fund.

Love Your Neighbour (designated)

International Refugee Fund

A fund set aside towards match-funding Love Your Neighbour grants.

A fund to support refugees of any nationality.

26

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

13 MOVEMENT IN FUNDS
Restricted funds
St Martins Trustees
Strategic Development Fund - GS South
Strategic Development Fund - GS Longbridge
Love Your Neighbour - Ukraine
Love Your Neighbour - Gas Street
Love Your Neighbour - Kids
Love Your Neighbour - Food
Youth Services
Kitchen renovation
Designated funds
Repair fund
Missions fund
Middleton Hall Road
Orchard seed funding
Love Your Neighbour (designated)
International Refugee Fund
Other unrestricted funds
Total funds		 Balance at
Gain /
Transfers
Balance at
1 January
(loss) on
between 31 December
2025
Income
Expenditure Investments
funds
2025
£
£
£
£
£
£
-
29,304
(29,304)
-
-
-
-
87,644
(87,644)
-
-
-
-
158,073
(128,237)
-
(29,836)
-
15,154
-
(1,074)
-
(14,080)
-
84,804
136,387
(111,242)
-
-
109,949
5,062
5,472
(10,534)
-
-
-
-
15,000
(12,198)
-
-
2,802
-
5,000
-
-
-
5,000
-
3,400
-
-
-
3,400
105,020
440,280
(380,233)
-
(43,916)
121,151
32,694
-
(23,639)
-
-
9,055
17,261
5,048
(132,584)
-
132,674
22,399
419,269
-
(27,535)
-
23,317
415,051
25,000
-
(25,000)
-
-
-
36,346
12,241
(51,401)
-
2,814
-
-
-
-
-
14,080
14,080
530,570
17,289
(260,159)
-
172,885
460,585
649,516
1,802,713
(1,542,701)
(1)
(128,969)
780,558
1,285,106
2,260,282
(2,183,093)
(1)
-
1,362,294

27

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

14 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances as at 31 December 2025 are represented by:
Tangible fixed assets
Current assets
Current liabilities
Long term liabilities
Fund balances as at 31 December 2024 are represented by:
Tangible fixed assets
Fixed asset investment
Current assets
Current liabilities
Long term liabilities		 Other
Restricted Designated
unrestricted
Total
funds
funds
funds
2025
£
£
£
£
-
647,629
600,467
1,248,096
121,151
45,534
802,382
969,067
-
(7,796)
(224,106)
(231,902)
-
(224,782)
(398,185)
(622,967)
121,151
460,585
780,558
1,362,294
Other
Restricted Designated
unrestricted
Total
funds
funds
funds
2024
£
£
£
£
-
658,521
639,309
1,297,830
-
-
1
1
105,020
111,301
645,341
861,662
-
(7,338)
(170,587)
(177,925)
-
(231,914)
(464,548)
(696,462)
105,020
530,570
649,516
1,285,106

28

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

15 RELATED PARTY TRANSACTIONS

During the year thirteen trustees were reimbursed expenses totalling £5,995 (2024: twelve trustees totalling £3,439) for reimbursable travel costs, refreshments and purchases for the charity. No trustees received gifts during the year (2024: two trustees received gifts totalling £2,470).

During the year relatives of three trustees were reimbursed expenses totalling £2,990 (2024: four relatives reimbursed £2,843).

During the year two trustees were paid salary and benefits totalling £25,029 (2024: £19,720 paid to two trustees). This was not related to their role as trustees.

During the year relatives of five trustees were paid salary and benefits totalling £48,450 (2024: four relatives paid £48,249).

During the year relatives of two trustees were paid £35,430 for providing consultancy services to the charity (2024: £13,230 paid to two relatives).

Urban Devotion, a charity of which H Miller, trustee, is also a trustee, was paid donations totalling £35,000 by the charity (2024: £20,050).

In 2024 King's Cross Church, a charity of which F Harper, trustee, is also a trustee, was paid a total of £6,099 by the charity for goods and services, plus a donation of £500. During 2025 no transactions took place with King's Cross Church while Frank Harper was a trustee.

Christchurch Summerfield, a charity of which K Stock, trustee, is also a trustee, was paid donations totalling £15,000 by the charity (2024: £15,000).

Dreambridge Limited, trading as Worship for Everyone, a company of which N Drake, trustee, is a director, was paid £2,500 for goods and services (2024: £3,392).

16 COMMITMENTS

At the balance sheet date the charity had remaining commitments under operating leases of £5,880 (2024: £2,003).

29

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

17 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

INCOME
Donations and legacies
Charitable activities
Trading activities
Investments
Other income
Total income
EXPENDITURE
Charitable activities
Total expenditure
NET INCOME BEFORE TRANSFERS
Transfers between funds
NET MOVEMENT IN FUNDS
FUND BALANCES AT 1 JANUARY 2024
FUND BALANCES AT 31 DECEMBER 2024		 Unrestricted
Restricted
Total
funds
funds
2024
£
£
£
1,471,473
78,577
1,550,050
304,590
523
305,113
141,618
1,430
143,048
7,065
3
7,068
38,523
398,923
437,446
1,963,269
479,456
2,442,725
1,762,881
546,834
2,309,715
1,762,881
546,834
2,309,715
200,388
(67,378)
133,010
-
-
-
200,388
(67,378)
133,010
979,698
172,398
1,152,096
1,180,086
105,020
1,285,106

30

ST LUKES PCC, EDGBASTON, BIRMINGHAM

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (continued)

==> picture [517 x 456] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |18|COMPARATIVE MOVEMENT IN FUNDS|Balance at|Transfers|Balance at| |1 January|between|31 December| |2024|Income|Expenditure|funds|2024| |£|£|£|£|£| |Restricted funds| |St Martins Trustees|-|30,393|(30,393)|-|-| |Collections|16,658|-|(16,658)|-|-| |Middle East|-|30,000|(30,000)|-|-| |-|-|-| |Strategic Development Fund - GS South|83,906|(83,906)| |-|-|-| |Strategic Development Fund - GS Longbridge|227,890|(227,890)| |-|-| |Love Your Neighbour - Ukraine|22,266|(7,112)|15,154| |-| |Love Your Neighbour - Gas Street|133,474|82,307|(130,977)|84,804| |-|-| |Love Your Neighbour - Kids|19,960|(14,898)|5,062| |-|-|-| |Love Your Neighbour - Food|5,000|(5,000)| |-| |172,398|479,456|(546,834)|105,020| |Designated funds| |-|-| |Repair fund|52,880|(20,186)|32,694| |Missions fund|-|-|(132,750)|150,011|17,261| |Middleton Hall Road|424,382|-|(29,123)|24,010|419,269| |-|-|-| |Orchard seed funding|25,000|25,000| |-|-|-| |Worship for Everyone seed funding|25,000|(25,000)| |-|-|-| |Love Your Neighbour (designated)|36,346|36,346| |-| |563,608|(182,059)|149,021|530,570| |Other unrestricted funds|416,090|1,963,269|(1,580,822)|(149,021)|649,516| |Total funds|1,152,096|2,442,725|(2,309,715)|-|1,285,106|

----- End of picture text -----

31