TrIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. CATHERINE'S HATCHAM Known as: St Catherine's Hatcham, PCC Charlty number: 1172843 REPORT AND UNAUDITED ACCOUNTS for the year eJ)ded 31 Oecember 2025 FIELDSUWVAN LIMITED CHARTERED ACCOUNTANTS 9 Hare & Billet Road London SE3 ORB
The Parochial Church Councll of The Ecclesiastlcal Parlsh of St. Catherine's Hatcham ststus: The Parothial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. Charity number: 1172843 Address." 102A Pepys Road London SE14 55G PCC members: Revd Stanley Karimi Njoka Revd Jane Elllot IA55istsnt Priestl David Whisson IPCC Member/Church Warden) Lesley Marshall IPCC MemberlReaderl Jeremy Palmef (Treasurer) Uaire Dempster IPCC Member) Walter johnson IPCC Memberl Pearletta Williams IPCC Member) Gwendolyn Bente IPCC Member) Verna Brandford IPCC Member). Iresigned May 2025} Karen Martin IPCC Member; Secretary) Julianna Okelola IPCC Member) Steve Tomklns IPCC MembÈr/church Wardenl Marshall Manson IPCC Member/Deanery SynodlLay Chairl Katharine Robb IPCC MemberlDeanery Synod) Jocklyn Awoonor Gordon IPCC Member) Maureen J95ephs IPCC Member), (appointed May 20251 Christine 8yasi IPCC Member), (appointed May 20251 Chidiebere Adlaso IPCC Member), lappolnted May 20251 Independent examlner: Field Sullivan timited Chartered Accountants 9 Hare & Blllet Road London 5E3 ORB Bankers: Santander UK PIC 2 Triton Square Regent'5 Place Page 1
The Parochial Chur h Councll of The Ecclesl I Parish of St. Catherine's Hatcham Report of the Parochial Church Council for the year ended 31 Dece ber 2025 Report of the Parochial Church Council for the year ended 31 December 2025. Structure, Governance and Managemert The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure119561 as amended and church representation rules that came into force on 2 January 1957. The method of appolntment of PCC members is set out in the Church Representation Rules. At St Catherine's the membership of the PCC consists of the incumbent lour vicar), Churchwardens, Treasurer and members elected by Ihose members of the congre8ation who are on the electoral roll of the Church. The PCC members are responsible for making decisions on all matters to do with the mission and ministry of the church and the maintenance of the bullding, working alongside the Vicar. Including deciding on how the funds are to be spent. The members of the PCC. all of whom have served from l January 2025 to the date of this report lexcept where noted), are as set out in page l. Aim and purposes St Catherlne's Parochlal Church Council IPCCI has the responsibility, together with the Wicar, of maintsining and promoting in the ecclesiastical parish, the mission of the Church pastoral, evangelistic, social and ecumenical. The PCC 15 also legally re5pon5ible for ensuring the maintenance and management of the Telegraph Hill Centre, which is managed on a day-to-day basis by the Centre Staff and by a sub-group of the PCC, the Telegraph Hill Centre Steering Group. Obffiectives and Activiti•s St. Cètherlne's Mission Statement We are here to: love God follow Jesus respond to the Holy Spirit serve and love our neighbour share the good new5 of Jesus Christ with all St. Ctherln¥s MAP Asplratlons are to: Deepen Discipleship Enrich Worship Strengthen the church communty Be innovative in our outreach Page 2
The Parochial Church Council of The Ectleslastlcal Parish of St. Catherlne's Hatcham Report of the Parochial Church Council for the year ended 31 December 2025 St Catherine's works hard to maintain a lively and enrlching spiritual life for the thriving congregation. This consists of Worshlp: Sunday worship l Eucharist 8am first Sunday of the month and 10am every Sunday), Weekdav services '. Morning Prayer IMon-Wed),' Eucharlst (Thursday),. Compline online Wednesday 9pm. Outreath.. Working alongside our partnership organi5ations: Telegraph Hlll Centre, and the Telegraph Hill Ployclub to provide space for all kinds of cultural and community events at the Church and within the parish. Through the Centre (to whom we give a Community Development Fund grant of £25K pal we provide a space for exercise classes, therapists. various support grDUP5 e.g. mental health, and activities for older people (Branching Outl. The Playclub provides a majorfacility for parentslcarers and thelr children five mornings a week. Until September 2025 we also 5UPPOrted a Women Only Conversation and Friendship Group. which runs during term time to provide free En8lish classes to refugee5, asylum seekers and other foreign nationals who need to develop their English language skills. We also provide space for musicians and Choirs to rehearse in the church during the week, and host another church group most Sunday afternoons. Dlsclpleship: During the course of the year we provide small groups and one.off events to deepen the discipleship of the congregation. Pastoral care- We provide some pastoral chre for l at any one time l around I15 people who are housebound or sick, as well as preparation for marriage and baptism. and care for bere3ved families. Social Justlce- We are committed to our weekly club for older people (Branching Outl and to engaging with issue5 around systemic racism to become an anti-racist church. We are also engaging with climate justice and the environment at a spiritual and pragmatic level. The Revd Stanley Njoka arrived in the parish in May 2024 and was instituted by the Bishop in early June 2024. Since then, our new vicar has taken over the directlon of the collective effort of the parish, and overseen a number of improvements and innovations which have been welcomed- in particular. resumption of weekday services, a new online Compline. better use of our existing public addres5 System, and improvements to lighting and security in the church. PCC Achlevement and Performance The activities of the Church community durfng the year are set out in the PCC report Ipublished separately) to the Annual Parochial Church Meeting. Page 3
The Paro¢hlal Churth Councll of The Ecclesiastlcal Parish of St. Catherfne's Hat¢ham Report of the Parochial Church Council forthe year ended 31 December 2025 Public Benefft When plannin8 our activities for the year, we have considered the Commission's guidance on public benefit and, in partScular. the supplementary guidance on charitie5 for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through= Worship and prayer; learning about the Gospel; and developing thelr knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Mission and outreach work. To facilitate this work it is important that we maintain the fabric of the Church of St. Catherine's and the Telegraph Hill Centre. Following the year end, in February and March 2026, we were sorry to lose three members of staff at the Centre including the manager. The church has organised interim staffing so the cent'S adivities will continue without interruption pending recruitment of permanent replacements later in the year. Financlal review of 2025 Treasure$ Report During 2025 the PCC continued to receive a steady income from our portfolio of rental properties that form part of the Telegraph Hill Centre complex- these cover 2 studios for artists, one residential Ilat, the Hill Station community café, and the Be gright nursery. Previously completed rent renegotiation and lease extension for the Hill Station and the nursery* meant substantially higher ntS flowing in from the nursery through 202S. We have expanded our hosting of other church groups on Sundays after our own services have finished. This brings in a significant income stream. Occasional hires of the church eg for music rehearsal space have also provided additional income. The utilisation of the rooms for hire within the Telegraph Hill Centre has also been 800d. Voluntary stewardship income to the church remains strong, wlth the great majority receivèd under bank standlng order and therefore reliable. General expenditure ha5 been faSrly modest, with Ifortunatelyl no major building works needlng to be paid for. The church acquired a second hand electronic organ, and upgraded the heating controls forthe church heating whlch had malfunctitined. Cash balances remain adequate. typically between £80,000 and £1(,000. in part because the anticipated expenditure on the substantial building work on the boundary wall did not arise durin8 the year. We also received around £IO.000 Gift aid claimed from 2023. Page 4
The Paroehlal Chur h Councll of The Ecclesiastltal Parlsh of S herine's Hatcham Report of the Parochial Church Council for the year ended De mber20 We have embarked on urgent work called for in our recent quinquennial inspertion but any Substantial expenditure will only occur in 2026. During 2025 we paid in full our Parish Support Fund contribution of £64,500 and raised this to £66,(fOr 2026. Resems It is PCC policy to try to maintain a balance on unrestricted fund whlch equates to at leastthree months unrestricted payments. This is equivalent to £35K. It Ss held to smooth out fluctuations in cash flow and to meet emergencies. We have met this target. Risk assessment and Safeguardlng The PCC regularly identrfies and reviews major risks facing the charity and have put measures in place to mitigate them. The PCC follows guidelines for Safeguarding and Risk Assessment laid down by the Diocese of Southwark. and benefits from personnel with work experience of safeguarding children. Volunteers We would like to thank all the volunteers who work so hard to make our church the lively and vibrant communwty it is. In particular we want to mention our churchwardens David Whlsson and Stephen Tomkins who have worked so tirelessly on our behalf. Adrn•nlstrai3ve Informatlon St Catherine's Church slts on the top of Telegraph Hill, at the junttion of Kitto and Pepys Road. It is part of the Deptford Deanery and is part of the Diocese of Southwark wtthin the Church of England. The correspondence address is The Vicarage, 102A Pepy5 Road. London, SE14 SSG. The PCC is a body corporate IPCC Powers Measure 1956, Church Representatlon Rules 20061 and Since 2016 a charity In Its own right. The charitable status and charity number cover5 all the PCC activities and their various subcommittees I the Telegraph Hill Centre Group and the Telegraph Hill Playgroupl. Page 5
The Parochlal Church Council of The Ecclesiastlcal Parish ol St. Catherine's Hatcham Report of the Parochial Church Council for the year ended 31 Oecember 2025 Statement of PCC members, responslbllltles The PCC members, as d)arlty trustees, are responsible for preparin8 the Annual Report and financlal statements In accordance with applicable law and United Kin8dom Accounting Standards Iunited Xingdom Generally Accepted Accounting Prarticel. The law applicable to charitie5 in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the statè of affairs of the charity and the incoming resources and application of resources of the charity for that period. In preparingthose financial statements, the trustees are requlred to: al select suitable accountin8 policies and apply them consistently.. bl observe the methods and princSples in the Charlties SORP; cl make judgments and estimates that are reasonable and prudent: dl state whether applicable accounting standards and statement5 of recommended practice have been followed. subject to any departures disclosed and explained in the financial statements.. el prepare ihe financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue In operation. The trustees are responsible for keeplng proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity, and which enable them to ensure that the finanual statements comply with the Charities Act 2011 and the Church Accounting Regulatiorbs 2006. They are also responsible for safeguarding the assets of the tharity and hence for taking reasonable steps for the prevention and detecilon of fraud and other irregularities. This report was approved by the PCC and signed on its bèhalf. On behalf of the PCC on. Rev Stanley Njoka Viear Jeremy Palmer PCC Treasurer Page 6
The Parothial church Cwncil of The E¢cleslasilcal Par15h of St. Catherlne's Hatcham Independent Examinerfs Report to theTrustees of The Palochlal Church cn¢11 ol The Eccleslastlcal Parish of St. Catherlne's. H*cham I report to the tiustees on my examinatlon of the financial 5tstements of The Parochial Church Council of Sl Catherlne, Hatcham I the charity'l for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report Is made solely to the charW5 trustee5, a5 a body, in accordèncè wlth section 145 of the Charlties Act 2011. My work has been undertaken so that I mlght state to the charitrfs trustees those matter5 1 am requlred to state to them in this report and for no oiher pvrpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the thartivs trustees a5 a body. for my work, for this report, or for the opinion51 have formed. ResponsFbilities and bas15 of report As the trustees of the chariiy you are responsible for the preparation of the financial statement5 in accordance wlth the requirements of the Charitie5 Act 20111.the Act'l. l ieport in respect of my examination of the charivs financlal statements carried out under 5ertion 145 of the Act and In carrying OLrt my examination I have followed all the applicable Dlrettlons gi¥eD by the Charity Commi55ton under sertion 14515llbl of the Act. An independent examinatlon does Thot involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor consSders in giving their opinion on the financial statements. The planning and conduct of an audit goe5 beyond the lirnr(ed assurance that an independent examination can provide. Consequently l express no opinion as to whether the financial statements present a 't¥ue and fairf view and my report Is limited to those specific matters Set out in the Independent examinerfs statement. Independent exarnSner's statèmènt Since the church's gross income exceeded £250,ofKI your examiner must be a member of a body listed in sectlon 145 of the 2011. 1 confirm that l am qualified to undertake the examination because l am a member of ICAEW whkh is one of the listed bodies. I have completed my examinatlon. I confirm thai no material matters have ¢ome to my attention in connection with the examination givlng me cause to lIeVe that in any mater6al respect- a¢tountin8 records were ng1 kept in respect of thè charity as required by 5ettion 130 of the Act,. or the financial statements do tK)t accord with those COrds. or the financial 5tatemEnts do not comply with the appllcable requirements concerning the form and content of atcounts Set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accc)unts give a'true and fair view which is a rnatter considered as part of an independent examination. I have no concerns and have come 3cro55 no other matters in connection with the examination to which attèntion should be drawn in this report. orderto enable a proper understsndinB of the financial statements to be reached. rim Sulllvan FCA Field Sullivan Limited Chartered Accouniants 9 Hare & Billet Road London, SE3 ORB Date 21 FiÈld Sullivan LiTpiled Règistpied in EnEiarid no. 8024052 Page 7
hlal IPar th•rf Hatsham Statemerst of Financial Actmhes forthe year ended 31 DecEm Total Funds Tthl Funds 2024 Restd(14d Unrestrktqd Funds Funds R¢strkted Funds Unve>trl¢l¢d Fund5 In¢ome W Wwrn•ntsfrom.' Donatlons and leycies Othertradkni actiwtles In¥estmeThts CharitaNe actiwties 18,650 71,113 262,2LX) 52 B8 89,763 262.2 67.7É0 26J918 251 1.226 73.806 261,988 251 1,226 52 18,650 333,453 352,103 6.rh16 J31225 337,271 eDdIreOn. CharltaklEattMts 7J96 337,159 344,455 4.887 331P09 335,896 7296 337,159 344,45S 4,887 331.0 335,896 Net4alD5111ossesl on knve5trnents ettyr¢ome/ltxpw¥dlturtJ 11,354 13.7061 78 1,159 216 1,375 Tian5Itrsbe¢•Th funds 11,354 13,7061 7,648 I.IS9 216 1,375 Rocolrtlll(drunds Total fijnds broughtforward Tot4lJ¥R45 to1111rl 2,112 13.466 129.086 125.380 131,198 138.846 953 2.112 128,870 129,086 129.823 131.198 13
The Parochial Church Councll of The Ectlesiastlcal Parish of L Catherlne, Hatcham Balance sheet asat 31 December 2025 ote 2025 2024 Flxed as$tts Tangible a55ets 13,912 13,912 13,784 13,784 Current assèts Debtors Cash at bank and in hand Totslcurrent assets io 44.199 115,108 159,307 60,886 86,009 146,894 Credltor5: Imourts falllng due wSthln one ye 134,3731 129.4801 Net¢urrentossets 124,934 117,414 Total assets kss current liabilities 138,846 131.198 Net ossets 12 138,846 131.198 The funds of the charity: Restrirted fLtnds Unrestricted funds.. Designated General fund Total unrestrttted funds 13.466 2.112 33,535 91,845 33,535 95.551 125,380 129,086 Total thorltyfvnds 13 138,846 131,198 These financial 5taternents were approved bythe PCC and signed on rts behalf bv: Rev Stanley Njoka- Vicar my Palmer- Treasurer Date.. Date: Page 9
The Parochial Church Coundl of Th Ee$laStIcal Parlsh of St. Catherine's Hatcham Notes to the accounts for the yeaf ended 31 December 2025 l Ac¢ouDling polldes The principal accountin8 policies are summarised below. The accounting policies have been applied consistently throughout the year and In the predIng year. {il Statuto information The charity is a church with no share Cap1, and domiclled in England and Wale5. The address of the principal offlce 1$ 102A Pepys Road, London, SE14 5SG. The financial statements are prepared in sterfin& which is the functional currency of the chureh. Monetary amounts In this firbanclal statements are rounded to the nearest pound. lill Basis of accountln The financial statements have been prepared underthe historical tost convention, Companie5 Acr 2006, Charities Act 2011 and the Ch¥rities Statement of Recommended Practice IFRS1021. The church meets the definltlon of a publlc nefit entity under FRSIO2. The finanoal statements include amounts in respect of the Telegraph Hlll Centre Group. The Group manage5 the Telegraph Hill Centre adjoining the church premlses and is a sub.group of the PCC. Accordingly, and on the recommendation of the DK)cesan tinance office, their attounts have been incorporated into the PCC accounts. Goin concem These financlal statements are prepared oft the going concem basis. The board members have a reasonable Èxpectation thatthe church will continue in operational eXIsten for the foreseeable fLrture, and are not awa of any material uncertalnties which may cause doubt on the church's ability to tontinue as a goln8 concern. liiil Fund accountin GeThÈral funds represeni the funds of the Pccthat are not subject to any restrictions regarding their use and are available for application on the Beneral purposes of the PCQ Funds desiqnated for a particular purpose by the PCC are a150 unrestricted. Restricted funds are those funds that must be spent on restNcted purposes and details of the fund5 held and restrictions are provlded in the notes. The financial statements include all tranS¥Oions. assets and Ilabllltie5 for which the PCC is responsible in law. They do not include the fiDancial statements of Church Broups that owe their main affiliatlon to another bodv, nor those that are informal gathering5 of church members. The aecounts of the Tele8raph Hill Centre Group are incorporated as part of the financial statement5. A summary of the Group's accounts is included at note 16. livl Incomln resources All incorning restyurces are Included in the statement of finandal artivitSes when the PCC is entitled to the ncome and the amount can be quantified th reasonable accuracy. The following specific poli¢ie5 are applied to particular ¢ategorles of intome.. Collections are recognised when received by or on behalf of the PCC Manned giving receivable under Glft Ald is reco8nised only when received. Tax recoverable on Gift Ald donaiions Is recogThised when the donation is recognised. Page 10
The Parochlal Church Councll of The Ecclesiastl¢al Parfsh of St. Catherine's Hatcham Nrte5 to the acwjnts foi the year Ènded 31 December 2025 liyl Incomin resources continued Grant5 and le8acies to the PCC are accounted for as soon as the PCC Is notified of its le8al entitlement, the arnount due Is quantsfiable and its ultlmate receipt by the PCC is reasonably certain. Donated service5 and facllltSes are in¢luded at the value to the charity where this can be quantlffied. The value of serylces provided by volunteers has not been included in these attovnts. Income from fundraising activitiÈs is accounted for gross. Rent31 income from letting of premises is recognised when the rental is due. Ir¥estment incorne is included when re¢eivable. Rèalisèd gains and losses on investments are recognised when the inve5tmenls are sold. Unrealised galns and losses are atcounted for on revaluation of investments at 31 December each year. Ivl Resources ex ended Expendlture is accounted for on an accrual basis a5 a liablllty is incurred. Expenditure includes any VAT which annot be fully recovered. and is reported as part of the expendlture to which it relate Costs of generating funds tomprise the costs assoclated with fundraising events. Charitable expenditure comprises those cost5 incurred bythè tharity in the delwery of its activities and services for Its beneflciaries. It includes both costs that tan be allocated dirertly to sud) a¢ti¥ities and those costs of an indirect nature necessary to support them. Grants and donations are accounted for when paid over, or when awarded. If that award creates a binding obll8ation on the PCC. The diocesan parish share is accounted for when due. Any parish share unpaid at 31 December is prOded for in these hnantial statements a5 an operational (though not a legall liability and is shown as a creditor In the balance sheet. Ivil Ftxed assets Consecrated property and moveablè thurch furnishing5 Consecrated and benefKed property of any klnd ts excluded from the accotjnts by s9612la Charities Act 1993. No value is placed on movèable church furni5hlngs held bythe thurchwarderts on 5peual trust for the PCC which requlre a faculty for disposal. All expenditure incurred during the yearon consecrated or benefice building5 and movable church furnishings, whether maintenance or improvement, is written off. Othertan8iblÈ fixed assets are ststed at cost less accumulated depreciation. Depreciation 15 provided at rates calculated to write off the cost of each asset over its expected useful life. The rate5 used are as follows: -fixture5. fittings and equipments land and buildings 25% Reducing balance 6.66% Straight line Investments held as fixed assets are revalued at rnid-market value at the balance Sheet date and the 8ain or loss taken to the statemènt of financial artivlties. Pago11
The Parochlal Church Council of The Ecclesiastltal Parlsh of Sl. Cath•rine's Hatcham Notes to the accounts for the year ended 31 tkcember 2025 Ivoil Debtors TradÈ debtors are rettsgnised Initially at the transaction prtce. They are 5ub5equentty measured at amortised cost uningthe effectlve interest method. less provision for impairment. A provision for impairment of trade debotrs is established when there is objective ewldence that the trust will not be able to collect all amount due accordlng to the ori8lnal terms ol the receivables. Cash and cash e uiwalents Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months gr less. and bank overdrafts. Bank averdrafts are shown within borrowin in current liabilities. ix Creditors Trade creditors are recognised initially at the transaetion price and subsequently measured at amortised cost uslng the effective interest method.Short teim trade creditors are measured at the transactlon prlce. OthèrfSnancial liabilities. intludin8 bank loans. are measured initially at fair value, net of transaction costs, and are measured subsequently at amortSsed c05t using the effertive Interest methgd. Benefits Short term employee benefit5 and contributions to defined contrlbution plan5 are recognised as an expense In the period in whieh they are incurred. 2 Donations and lewles Tot•1 funds 2025 Totsl funds 2024 THC lund5 Restrfrted Unrestrirted fvnd5 funds Loose cash Planned 8¢vinB Donations Grants 11,325 45,904 11,325 45,904 5.548 6,115 45,691 5,690 H•berda5hers South London Churth Gatheld Weston Foundation Lady Peel Trust Telegraph Hill Centre- grants and donations 3,500 4.400 2,000 2,51XJ 5.500 4.400 2,000 2,500 6.336 6,250 12,586 14,310 Total 6,336 18,650 64,777 89,763 73.806 Page 12
The Parochlal Church Councn of The Ecdesiastical Parlsh of St. Catherine's Hatcham Notes to the accounts for the year ended 31 20 3 Othertradin8 artl¥ltles Ttstal fund5 2025 Total funds 2024 THC funds Restrlrted Unrestricted funds funds Telegraph Hill Centre- lettings TeleBraph Hill Centre- other income Fundraisinq Rental income Contribution towards utilit$ and insurance 106,724 21,126 106,724 21.126 195 125,783 108,767 24,202 182 117,076 195 125,783 8,372 8,372 11,761 Total 127,850 134,350 262,200 261,988 4 Incorne from Imiestmenls Total funds 2025 Total funds 2024 THC lunds Rèsttltted UnTe5trlct funds funds Telegraph Hill Centre- Interest 52 52 251 Total 52 52 251 5 Income from charitsble artl¥ltles Tot?1 funds 2025 Total funds 2024 THC funds Restrktéd Unrestrlrttd funds I15 Fees 1,226 Total 1.226 Page13
The Pawochlal Churth Councll of The Eccleslastical Parlsh of St. Catherlne's Hatcham Notes to the accounts for the year ended 31 Oecember 202 6 Uwritable artl¥5tles Totsl funds 2025 Total funds 2024 THC funds funds The Parlsh Support Fund Intumbent Church running costs Church maintenance Upkeep of services Music and or8at)ist Ministry Costs Comtnunity projètts Legal and professlonzl Independent examination Telegraph Hill Centre runnlng cost5 Depreciation Diocesan and Deanery cost Donations 64,500 64,500 62,000 261 33,ISS 36,558 5.995 5,562 12 11,676 10,756 5,098 163,131 1,617 75 33,216 16,583 6,567 4,550 33.216 16,583 6,567 4,550 10,274 5,479 3,780 10,274 5,479 5,580 194,404 1,802 1.800 194,404 1,416 386 I,soo 1,500 Total 197,620 146,835 344,455 335,896 7 stsff costs and numbers 2025 2024 Staff costs were as follows.. Salaries an(J wages knial Secsjrlty costs Employer's contribution to defined contributiot) pension scherne5 107,614 1,107 2.127 97,998 1,806 Totsl 110,848 101,604 No employée received emoluments of More than £60,oocI12024.' nill The average nurnber of employee5 during the year was as lollows= 2025 2024 No. Telegraph Hill Centre Total Page 14
The Parochlal Church Councll of The Eccleslastlcal Parish of St. Catherlne's Halcham Notes to the a¢¢ounts for the year ended Oetember 2025 8 PCC members, Temuneratlon and expenses No PCC Member orother person related to the charity had any personal interest in any conlrart or transactions èntered Into by the charity durin8 the year12024.' nil). PCC members have u5timate control of the chartrty. 9 TathIe fixed assets Land ulpmert and bulldin8s Total Cost At l January 2025 Additions DpOS31$ At 31 December 2025 27,804 1,930 12,180 39,984 1,930 29.734 12,180 41,914 A<cumulatÈddepreclatlon At l January 2025 Char8e for the year Disposals At 31 Detember 2025 25.388 990 812 26,200 1,802 812 26,378 1,624 28.002 Netbook value At 31 December 2025 At 31 Oecember 2024 3,356 2,416 10,556 11.368 13,912 13,784 The PCC owns the Tèlegraph Hill Centre premlses. However. no value is attributed to this property in the financlal statements as the buildin8 is attathed to the church prernises and the PCC does not consider that it has a signiflcant rnarket value. 10 Debtors 2025 2024 Gift Aid due from HMRC Other debtors Rent debtors Prepayments 18,342 20,893 2.010 2,954 18.273 38,045 2,005 2.563 Total 44,199 60.886 Page15
chial Church Councll of The Ec¢lesl tical Parl h of St. Catherine's Hatcham Notes to the accounts for the year ended 31 Dece 11 Credttors: aNunIS fallnB due wlthln oneyear 2025 2024 Trade creditors Other creditors Actruals and deferred Sncome 9.429 16,283 8.661 6,085 15,340 8,055 Tolal 34.373 29,480 12 Anatysis of net assets bétween lunds Current year General funds Deslgn*ed Restrfrted funds funds Total funds 2025 TangSble fixed assets Current assets Current liabilitles 13,912 112,306 134,3731 13,912 159.307 134,3731 33,535 13.466 Net assets at 31 December 2025 91,845 33,535 13,466 138,846 Comparatl¥e- previous year Gemral funds Desl8nated funds R•strlrted funds Totsl fund$ 2024 Tangible fixed assets Current assets Current liabilities 13,784 111,247 129,4801 13,784 146,894 129,4801 33.535 2.112 Net asset5 at 31 December 2024 95,551 33,535 2,112 131,198 Page 16
The Parochial Church Councll of The Ecclesiastical Parfsh of St. Catherin 's Hatcham Notes to the accounts forthe year ended 31 Dember 2025 13 Movements Sn fvnds Curr*ntyear At Ot01n£ 31 December resources 2025 At ljanwry 2025 Transfers Incomlng b•tween funds resout$ Restrlctedfvnds.. THC prolects- Branching Out THC- Warm Welcomes THC- Rtpalr. Reuse. Recycle Haberdasher5. youth Haberdashers- garden Lady Peel Trust South London Church Garfleld We51on Trust 1,885 227 1.885 3,658 523 2,0(X) 500 2,51Y) 2.4 5,250 11,8191 14771 1,SOQ 2,500 4.400 2,000 11,0001 12,IXIOI 12,0001 Total reslri¢ted funds 2,112 18.650 17,2961 13,466 Unrestrirtedfunds.. Designotedfvnd Building fund-Legacy 33,535 33,535 Generolfund- PCC Generolfund- THC 24.638 70,913 130,2841 30,284 199,215 134,238 1146,8351 1190.3241 46,734 45.111 Total unrestricted funds 129.086 333.453 1337,1591 125.380 Total funds 131,198 352.103 1344.4551 138.846 Comparatlve- prevlou5 year At l January 2024 Translers Incomln8 between funds resources Outgoing 31 December re50urce5 2024 Re5trirtedfvnd5.' THC projects- Branching Out THC- Covid 19 DCMS THC general 315 638 3.296 11,726 16381 12,5231 1,885 2,750 227 Total re5trirted funds 953 6,046 14,8871 2.112 Unrestrlrtedfvnds.. De5ignotedfund 8uiFdin8 fund-Legacy 33.535 33,535 Generalfund- PCC Genemlfvnd- THC 35.382 59,9S3 130,7631 30,763 189.741 141,484 1169,7221 1161,2871 24,638 70.913 Total unrestricted funds 128,870 331,225 1331,0091 129.086 Total funds 129.823 337,271 1335,8961 131.198 Page 17
The Parochial Churth Council of The Ecclesiastlcal Parlsh of St. Catherlne's Hatcharn Notes to the accounts for the year endèd 31 December 2025 Purposes of restricted funds: THC projects- Branchin8 OLrt= THC Covi-19 DCMS THC- Warm Welcomes Haberdashers- youth Haberdashers- garden Lady Peel Trust South London Church Garfield Weston Tru Funds to 5UPPOrt social projects for older and more vulnerable adults. Financial a5S1Stance to deliver postlovid19 community support servlces. Fundi from Lewisharn Local to deliver the Warm Welcorne projert. Funds towards a youth worker cost5. Funds towards the cost of raised beds and bicycles raks. Funds towards the 'Parish Chorlstèr Project,. Funds towards the purchase of a new PA system. Funds towards floor refurbishment costs. Tranrf•r ljtheen funds: Telegraph Hill Centre: The PCC controls the centre. The transfer between the PCC and THC represents contributlons made by the PCC toward5 the work and utilities of thè centre. Purposes of deslBnated funds: Buildin8 Fund-Le8acy Thls wa5 income frorn legacy which was designated for rÈpairs and renewals required in the latest qulnquennial survey of the premises or any other capital works deemed fit. Page 18
The Paro¢hlal Chu uncil of The Ecclesiastical Parlsh of St. Catherine's Hatcham Notes to the accounts forthe year ended 31 December 2025 14 Summary accounts forTeleBr*ph Hlll C•ntre Group 2025 2024 In¢omlng resource5 Contribution from PCC Donations festivals and èrtlvltles 25.0 12.586 25,000 17,409 PCC donations Telegraph Hill FestNal Lewisham Local Lewlsham Council The National Lottery Small grants Other 5,250 1,115 1,221 PCC Retharge Telegraph Hill Playgroup rechargè BeBright recharge Other income Interest Centre lettings Centre grants- BRO Totsl Incornl resources 5,284 8,311 4,279 260 52 106,724 8,276 170,772 2,663 14,060 804 2,500 251 108,767 6,837 178,293 Resources expended Charitable adivities Staff tosts THC Festival CEntre 8r•nts- MBS Office equipment Project costs Turfee$ IESOLI Support costs 110.848 323 10.179 3.297 2.847 1.050 64.828 193.372 101.604 8,059 2,472 53.239 165.374 Supptsrt costs Bank charRes Other arttere payable Repairs and maintenance Light and heat Cleanlng and caretaking Prlntln& postage and stationary Telephone Llcenses and subscriptions Bèd debts THC independent examination Prolesional I Insurance Depreciatlon Other adminlstrative costs 61 30 12.248 4.788 34.273 705 73 15,381 15,2911 26.0SS 1,038 1,064 187 2,876 L426 414 6,304 1,617 1097 53.239 547 15261 1.800 432 4.322 1.416 3.638 64.828 Other expenditure BeBrl£ht recharge Totsl resources expended Net movtmetht Infvnds 4.248 197.620 166.174 IZ6,8481 12.119 Page 19