PAROCHIAL CHURCH COUNCIL OF 5T PAUL'5 CHURCH, CLAPHAM
REPORT OFTHE TRUSTEES- 2025
STRucfuRE
The Parochial Church Council of St Paul's Church, Clapham (the "PCC'I, Is a corporate body e5tabli5hed by the Church of
England. The PCC operates under the Parochial Church Council IPower51 Measure 1956, as amended, and the Church
Representation Rules and is also registered with the Charity Commission with charity number 1172605. Thls report Covers the
year ended 31st December 2025.
OBJEcfivES AND ACTIVITIES FOR THE PUBLIC BENEFIT
St Pauls principal mission in ourparish in the heart of Clopham Is to provide o plcce of welcoming Anglicon worship in o modern
cotholic tradition. The PCC has the responsiblllty of supporting our Vicar Rev. Canon Jonathon Soardmon ond managing the
wider teom thot works with him. promoting in the ecclesiastt'cal parish the whole mission of the Church, postorol, sociol und
ecumenicol.
ACHIEVEMENTS, PERFORMANCE AND FUTURE PLANS
Durlng 2025 St Poul'5 continued tofvcu5 on 5pirltuol growth, growlng the congregotlon and olmlng to develop purlsh ond wlder
community link5. We believe that there is a strong opportunity to roise our profile within Clapham, os a church with a clear
offering. We need to see growth in the congregotion as a priority, in particulor more youngfamilies, but without becoming
representotive of one section ofsociety to the exclusion or discourogement of another. St Poul's is committed to treosurlng God's
creotion though our commitment to environmental 5UStainability ond Eco-church (for which we hove o silver owordj. As well as
our commitment to supporting the Sden Nature gardenfor the benefit of the communlty In port of our burlGrl ground, we ogaln
held u Blg Green Day in 2025 us afree eco-themed event drowlng in the locol community.
FINANCIAL REVIEW AND RESERVES POLICY
In 2025, St PGTUI'S continued to benefitfrom the generou5 glving of the church's many supporters, whlch much asslsts the work ol
St PGul's. It wos also posslble in 2025 once ogoln to orronge both o Summer Fulr and a November Bonfire Party, et7ch of which Is
on Importont welcomlng ondfund-roislng eventfor St Poul 5.
For2025. St Pauls voluntory Income (including tux reclalmedj rose to £101,236from £94,262 in 2024. Incornefrom events rose
to £24,302from £20,654 In the prevlous year. Church und hull user contributfons rose to £53,023from £52,089 in 2024.
Investment ondporishfres incornefell to £9,IOOfrom £11,478. Total PCC income in 2025 rose to £189,088. from £178,483 in
2024.
Totol PCC expenditure In 2025 rose to £190,849, compored to £180,537 in the previous yeor. This rise reflected an increose in
expenditure on mujor repolrs to the church, which were £8,960 ond had totolled £6,719 In 2024. Most other regulor PCC
outgoings in 2025 were broodly comparoble to the previous yeor with some incre175e5 reflecting wage increoses and an
inflotionory increose in the contribution to the Parish Support Fund. However in 2025 there was an exceptionol demand to cover
o period of long-term 5ickne55for our Parish Administrator as she underwent majorsurgery. Thls Involved the temporary
employment of o purt-time adminlstrator to provlde coverfor the absence ond some other consultancy costs. Altogether the
total costs of thls were Just In excess of £4,100. Happlly our Purlsh Admlnlstrotor hos been cble to make a return to work by the
end of the yeor. Expenditure included giving by St Poul's in 2025 to o ronge of other causes of £14.526 (£16.289 in 2024). This
totlyl included o grant of £12,480 to Eden Nature Garden, GTt St Poul's Clopham (u registered chority No 1055769).
Hence In overall terms. St Poul's incurred t7 deficit of£l,760 in 2025, compored to a defi'cit of £2,054 the yeor before. This 2025
deficit resulted in un decrease in PCC Net Ftsnds at 31 December 2025 to £200,065, from £201,825 ot the end of 2024. Of the
2025 PCC Net Funds, £192.322 is held in the Generol Fund, with £5,856 in the Church & Churchyard Design(Jted Fund and£l,887
in two small Restrirted Fund5. Given that oll the PCC'S Net Funds ore held in cash or other liquid ossets. the PCC continues to be
in o resAlientlJnGnciol position to ¢iddress itsfuture mission.
In the General Fund the PCC aims to hold a mlnimum of slx month5, regular outgoings, which for 2025 was approxlmately
£85,000.12024 £80,000). This was well covered by the level of the General Fund.
Page 1

PAROCHIAL CHURCH COUNCIL OF ￿ PAUL'S CHURCH, CiAPHAM
RISK MANAGEMENT
The PCC seeks to identify and to mitigate the key risks that it encounters in all aspects of the activities of St Paul's Church. Th15
include5 risks to the 5piritua5 life, financial matters, meeting statutory and legal requirements, operations and reputation. The
PCC plans to review once a year each area of risk. The PCC considered safeguarding at all its meetings 2nd in 2025 St Paul's held
an excellent half day training on safeguardlng at a parish awayday at St Katherine'5 Foundation in January as part of its
commitment to being a safe church.
GOVERNANCE AND MANAGEMETr
The members of the PCC (all of whom are a150 the charity's trustees) who acted during the year were
as follows..
Rev. Canon Jonathan Boardman Ivicar and Chair of the PCCI
Rev. Chldl Mbunade
Rev Daniel Grayson
Judith Betts
Anthea Bishop
Michelle Cameron-Knox
Clare Chalmers
Rod Clark
Robert Cowley
Nicholas Curtis
Charlotte Hendrie
Roger Hird
Tristram Holland
Eleanor Kempsey
Stephen Lynch
Stacey McEwan
Sylvia Philip5
Anna Roads
Susan Roberts
EIIs8beth Roblnson
Nichola5 Strachan
Certain PCC members are appointed ex-offlcio le.8. our Vicar, other clergy and the Churchwardensl. Other PCC members are
elected at the Annual Parochial Church Meeting. All members are inducted informally by the existing and past PCC member5.
Strateglc dec1slons are made by PCC members ar meetfngs of the PCC and pollcy Is carried out by a smaller PCC Standlng
Committee, by individual PCC members and by volunteers. The PCC maintains working link5 Wlth a wide range of other local
charltable and other organlsatfons.
KEY MANAGEMENT PERSONNEL REMUNERATION
PCC members consider that they represent the key management personnel of the charity, in charge of directing and controlling,
running and operating 5t Paul's church, Clapham on a day to day basis. All PCC members glve of thelr time freely and no PCC
member received any remuneration from the PCC during the year, in respect of their PCC membership duties. One PCC member
wa5 employed part-time by the PCC to undertake parish administration duties unconnected with PCC membership duties.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Members of the PCC are responsible for preparing this report of the Trustees and these Financial Statements in accordance wlth
applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales requires members of the PCC to prepare financial statements for each
financial year which give a true and fair view of the Pcc's financial activities during the year and of its financial position 3t the
end of the year.
Page 2

PAROCHNL CHURCH COUNCIL OF ST PAUL'S CHURCH, CLAPHAM
In preparfng those Flnandal Statements, Membe￿ of the PCC are requiredto-
Select5Uitable accountlng pollcles and then 2pply them tonslstentty,
Observe the methods and prinaples in thÈ Charitie550RP:
Make judgements and estim3te5that Are reasonable and prudent.
Stste whether applicable accounting standard5 Bnd statements of recommended prartite have been fo15owed. subject to
any departures disclosed in the accounts and explained in the financial statements:
Prepare the financi31 statements on the goin8 concern ba515 unless it is inappropriate to presume thatthe charity will
coniinue In operatton.
PCC mèmbers are responslble for keeplng proper accounting records which disd05e with reasonable accurdcy the financlal
position of the PCC and which enable them to ensure that the financlal ststements comply with the Charities Att 2011 and the
applicable Charlty (Account5 and Reports) Regulat10￿. Theyare also responsible for safeguarding the assets of the PCC and
hen￿ for takin8 reasonable steps forthe prevention and detection of fraud and other Irregularitie5.
The trustses are responsible for the maintenance and integrtyof the tharity and financial Informatlon Included on thewebsite
of St Paul's Church, Clapham.
Addre55 for COTre5pondence
Parlsh office
St Paul's Churth
Rectory Grove
Clapham
London
SW4 ODZ
Rev. Canon Jonathan Boardman
Vl(arand Chalr of the PCC
22nd March 2026
Page 3

INDEPENDENT EXAMINER'S REPORT
TOTHE PAROCHIAL CHURCH COUNCJL OF ST PAUL'S CHURCH, CLAPHAM
I report tsy the Parochial Church Council on my examination ofthe finantial statements of
St Paul's Churth aapham 1.the charirf). fow the year ended 31 De￿mber 2025. set out on pages 5 to 14.
Respohslblllties and basis of report
Asthe members of the Pdrochial Church Councilyou are responslble forthe prep3ration of the financtal strdtements
in accordance with the requirements of the CharitiesArt 2011 (￿he 2011 Act") and the Church Accounting Regulat5ons
2006 governing the individual accounts of Parochlal Church Councl]%
I report In respect of my examlnation of the charlt*s flnanclal ststements carried out undersecilon 145 of the 2011
and In carrylng out my examln*lon I have followed all the èppllcable Direaions glven by the Charlty
Cemmlsslon under secifDn 1451511bl of the 2011 Act.
Indep•nd*nt Examinerfs statement
I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connectlon
with the examination giving me cause to believe that In an¥ mztErial respect:
accountlng re¢ords were not kept in respert of the chorfty as ffequired by secdon 130 of the 2011 Act: or
the financial ststements do not attord wlth those records: or
the finandal ststements do not comply with the applicable requlrements concemingthe form and content Df
accounts set out Sn the Charkle5 IAccounts and Reports) Re8ulotlons 2008 other than ony requlrement that the
accounts give a true and falr vtew which 15 not a matter consldered as part of an Independent examlnation.
I have no concems and have come across no other matters in connection wlth the examlnatlon to whlch attenfjon
should be drawn In thls report In order to enable a proper understanding ol the financial statements to be reached.
MARK POTfER MA DlpArch RIBA FRSA
90 Balham Grove
London SW12 8BE
9th March 2026
Page 4

PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHURCH, CLAPHAM
STATEMENT OF FINANCIAL A￿1VITIEs
YEAR TO 31ST DECEMBER 2025
2025
2025
2025
2025
2024
General Deslgnated
Fund
Fund
Restrlcted
Funds
Total
Total
Notes
INCOME
Voluntary Incorne
Actfvltie5 for generating fund5
Church & Hall user contribU￿onS
Income from Investrnents
Income from charltable acfjvlyes
Other income
101.116
24,302
48,940
7,347
1,753
1,427
184,885
120
101,236
24,302
53,022
7,347
1,753
1,427
189,088
94,262
20,654
52,089
8,978
2,500
4,083
4,083
120
178,483
EXPENDITURE
Cost of generating funds
Giving by St Paul's Church
Ministry
Worshlp
Administration
Church & Churchyard
7,358
14,098
80,118
12,450
31,466
35,969
181,459
7,358
14,527
80,118
12,450
31,466
44,929
190,848
7,038
16,298
74,452
12,616
29,130
41,002
180,537
429
8,960
8,960
429
NET INCOMEIIEXPENDITUREI
3,426
14,8771
13091
11,7601
12,0541
FUNDS BROUGHT FORWARD
li
188,896
10,733
2,196
201,825
203,879
FUNDS CARRIED FORWARD
192 322
200 065
201825
All transactions are derived from continuing activities.
Page 5

PAROCHIAL CHURCH COUNCIL OF ￿ PAUL'S CHURCH, CLAPHAM
BALANCE SHE￿As AT 31ST DECEMBER 2025
2025
2024
Note5
CURRENT ASSETS
Debtors and prepayments
Cash at bank
11,205
191,907
203,113
9,550
196,440
205,990
LIABILITIES
Creditors: Amounts falling due in one year
3,048
4,165
TOTAL NEf FUNDS
200 065
201 825
Represented by:
DESIGNATED FUND
Church & Churchyard Fund
5,856
10,733
RESTRICTED FUNDS
Growin8 Leaders Fund
Llfeline Fund
io
io
1,243
644
1,243
953
1,887
2,196
GENERAL FUND
192,322
188,896
200 065
201825
These Financial Statements were approved by the Parochial Church Council on 22nd March 2026
and signed on its behalf by..
ROD CLARK
PCC Churchwarden
Notes I to 12 fomi part of these Financial Statements.
Page 6

PAROCHIAL CHURCH COUNCIL OF sr PAUL'S CHURCH, CLAPHAM
NOTES TO THE FINANCIAL sfATEMENTS-
YEAR TO 31ST DECEMBER 2025
ACCOUNTING POLICIES
Basis of Accounting
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared
under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the
Individual accounts of PCCS, and with the Regula￿On5' "true and fair vlew" provisions. together with FRS102
120221 as the applicable accounting Standards and the 2019 verslon of the Statement of Recommended Practice,
Accountin8 and Reportin8 by charl￿eS ISORP IFRS10211. The flnanclal statements hove been prepared under
the hlstorlcal c05t convention.
De51gnated Funds are those which the PCC has received or generated and whlch have been designated by the PCC to be applled
over t]'me to a specific object. Any balance remaining unspent over time may be redesignated by the PCC to the General Fund.
Restricted Funds represent donations received for a specific object or invited by the PCC for a specific object.
The funds may only be expended on the specSfic object for whlch they were glven. Any balance remalrning unspent
at the end of each year must be carried forward as a balance on that fund.
The General Fund includes general funds which can be used for PCC ordinary purposes.
Income Recognltlon
Regular giving, collections and slmllar donation5 are recognlzed when received. Tax reclaimed on givlng is recognized
at the same time as the donations to which it relates. Grants and le8acles are accounted for when
the PCC Is legally en￿tled to the amounts due. Dlvldends and Interest are accounted for when recelvable.
All other Sn¢ome Is recognlzed when it Is recelvable. All incomlng resources are accounted for gross.
Expendlture Recognition
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or
constructive obligation on the PCC. Parish Support Fund contributions are accounted for when due.
All other expendlture Is generally recognSzed when it Is Sncurred and Is accounted for gross.
Flxed Assets
Consecrated and beneficed property Is not included In the accounts In accordance wlth s.1012llal and (¢1 of the
Charities Act 2011.
Moveable church furni5hing5 held by the Vlcar and Churchwardens on special trust for the PCC and which requlre
a faculty for d15P05al are inalienable property and listed In the church's inventory, which can be inspected
at any reasonable time.
Equipment used within the church premises and certaln renovations to those premises are capitalised and
depreciated on a straight line basis over four years. Individual items of church equipment with a purchase price of
under £2,500 are expensed when acquired.
Basic financlal assets
Basic financial assets, which Include debtor5 and cash and bank balances, are initially measured at transaction
price including transaction costs and are subsequently carried at amorti5ed cost using the effective interest
method unless the arrangement constitutes a financinE transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Flnancial assets classlfied as receivable
within one year are not amorknsed.
Basic flnanclal Ilabllltles
Basic financial liabilities including creditors are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument 15 measured at the present value of the future
Page 7

payments discounted at a market rate of interest. Financial liabilitie5 classified as payable within one year are
not amorhsed.
Trade creditor5 are obligations to pay for goods or services that have been acquired in the ordlnary course of
operations from suppliers. Amount5 payable are classitied as current liabilities if payment is due within one
year or less. If not, they are presented a5 non-current liabilities. Trade creditors are recogni5ed initially at
transaction price and subsequently measured at amortised c05t Using the effective interest method.
Flnanclal Instruments
The PCC has elected to apply the provisions of Section 11 'Basic Financi31 Instruments, and Section 12
'Other Flnanclal In5truments155ues' of FRS 102 to all of it5 financial instruments.
Financial instruments are recognised In the PCC'S balance sheet when the PCC becomes party to the
contractual provisions of the instrument.
Financlal assets and Ilabllliles are offset, wlth the net amount5 presented in the financlal statements, when
there 15 a legally enforceable riBht to set off the reco8nised amounts and there Is an intention to settle on a net
basls or to reallse the asset and settle the liability simultaneouslv
Goln8 concern
At the ttme of approving the financial statements, PCC members have undertaken an assessment
of the adequacy of the resources avallable to the PCC. PCC members have a reasonable
expectation the PCC has adequate resources to continue in operational exlstence for the foreseeable
future and accordingly continue to adopt the going concern basis of accounting in preparing the financlal statements.
2025
2025
2025
2025
2024
General Deslgnated
Fund
Fund
Restrltted
Funds
Total
Total
INCOME
2.1 Voluntary Incorne
Regular givlng
Other glving and collecttons
Donations and legacies
Tax reclaimable on giving
67,776
4,115
12,310
16,915
101,116
67,776
4,115
12,430
16,915
101,236
69,743
4,209
2,372
17,938
94,262
120
120
2.2 Activlties for generatlng funds
Summer Fair
Bonfire Party
Other events
8,863
14,620
819
24,302
8,863
14,620
819
24,302
8,249
11,805
600
20,654
2.3 User contrlbutlons
Church user contribution5
Community Hall user contributfons
4,083
4,083
48,940
53,022
4,580
47,509
52,089
48,940
48,940
4,083
2.4 Income from Investments
Bank and other Interest
7,347
7,347
8,978
2.5 Income from charitsble actlvlties
Parochial fees
1,753
1,753
2,500
Page 8

2.6 Other income
Grdnts
Other
1,427
1,427
1,427
1,427
TOTAL INCOME
184 885
120
189 088
178 483
2025
2025
2025
2025
2024
General De51gnated
Fund
Fund
Restrlcted
Funds
Total
Totsl
Note5
EXPENDITURE
3.1 Cost of generatingfunds
Summer Fair
Bonfire Party
Other events
1,908
4,557
893
7,358
1,908
4,557
893
7,358
1,220
4,771
1,047
7,038
3.2 Glvln8 by St Paul's Church
Selected charlties
Grant to Eden Nature Garden
1,618
12,480
14,098
429
2,047
12,480
14,527
3,818
429
16,298
3.3 MSnlstry
Parish Support Fund
Clergy expenses
Tralnlng & M1551on
73,200
5,043
1,875
80,118
73,200
5,043
1,875
80,118
70,200
4,142
iio
74,452
3.4 Wor5hlp
Organist & Music
Organ & Sound malntenance
Supplles & Prlnt
9,675
1,004
1,771
12,450
9,675
1,004
1,771
12,450
10,465
216
1,935
12,616
3.5 Administration
Staff costs
Communication5 & IT
Supplies & Equipment
Professional fees & Bank charges
23,727
2,124
135
5,480
31,466
23,727
2,124
135
5,480
31,466
18,809
2,006
549
7,766
29,130
3.6 Church & Churchyard
Insurance
utilities
Cleaning wages
General maintenance
Church & Hall major works
Churchyard major works
4,512
7,602
20,656
3,199
4,512
7,602
20.656
3,199
8,960
4,408
8,071
19,286
2,519
6,719
8,960
35,969
8,960
44.929
41,002
TOTAL EXPENDITURE
181459
429
190 848
180 537
Page 9

GIVING BY ST PAUL'S CHURCH
2025
2024
Hlbbert'5 Almshouses Charity
Bishop of Southwark's Lent Call:
Matebeleland Link
Ace of Clubs, Clapham
Médecin5 Sans Frontière5
The Robes Project
Lifeline (from Restricted Fund)
Other
1,000
750
700
870
1,200
650
48
120
50
48
429
STAFF Cosrs
2025
2024
Note 2
Admlnlstration staff
Cleanln8 Staff
Penslon and soclal securlty costs
22,666
19,738
1,980
17,942
18,437
1.716
During 2025 St Paul'5 Clapham PCC employed two persons part-time plus a further person part Jme for 9 weeks
to cover for a perlod of long.term slckness for our Parlsh Admlnlstrator12024 - two persons part-ttmel.
DEBTORS AND PREPAYMENTS
Tax re¢lalmable vla Glft Ald
Income payments in process
Church user contributions
Ha15 user contrlbutlons due
Interest receivable
Parochial fees
Prepayments
3,350
818
2,397
575
5.416
1,621
3,503
2,079
252
744
CASH AT BANK
2025
2024
Natwest Business Current account
Natwest Business Reserve account
CBF Church of England Deposlt Fund
10,886.26
21,021.23
160,000.00
191 907.49
2,440
19,000
175,000
196 440
Page 10

CREDITORS
2025
2024
Amounts fallln8 due wlthln one year:
Giving due to others
Deposits held
Accruals
1,150
200
2,815
550
2,498
3048
DESIGNATED FUND
2025
2025
2024
2024
Church & Churchyard Fund
Balance brought forward
Income:
Donations
Tax reclalmed
Church user contrIbu￿onS
10,733
12,872
4,083
4,083
4,580
Expendlture:
Church major works
Churchyard major works
18,9601
16,7191
Balance carrled forward
5,856
10,733
The Church & Churchyard Fund includes donatlons and income deslgnated for Improvement of the
church building and curtilage.
10 REsfRicfED FUNDS
2025
2025
2024
2024
Growlng Leaders Fund
Balance carried forward
1,243
1,243
Lifeline Fund
Balance brought forward
Income.,
Donations
Expendlture:
Cost of events
953
1,073
120
14291
11201
Balance carried forward
644
953
The Growing Leader5 Fund supports the costs of training church members in the deanery.
The Lifeline Fund exists to support the work of Lifeline, a local support group founded by St Paul's, Clapharn
Page 11

11 FUNDS- ALLOCATION OF ASSETS AND LIABILITIES
2025
General
Church &
Churchy3Td
Growing
Leaders
Lifeline
Total
Debtors and prepayments
Cash at bank
11,205
184 165
195,370
13,0481
11,205
191,907
203,113
13,0481
5,856
5,856
644
644
1,243
Creditors
Net assets
192 322
644
200 065
2024
General
Church &
Churehyard
Growlng
Leaders
Llfellne
Total
Debtors and prepayments
Cash at bank
9,550
183,511
193,061
14,1651
9,550
196,440
205,990
14,1651
10,733
10,733
1,243
1,243
953
953
Credltors
Net assets
188 896
953
201825
12 RELATED PARTY TRANSAcfioNS
There were no related party transactions Sn the course of the year12024 none).
Page 12