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2025-08-31-accounts

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025, FOR STREATHAM CENTRAL CHURCH

STREATHAM CENTRAL CHURCH. Registered Charity Number: 1181886

1

Streatham Central Church Contents

Page
Trustees' Report 1—2
Independent Examiner's Report 3
Statement of Financial Activities 4
Comparative Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7—12
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 13—14

Streatham Central Church Trustees' Report For The Year Ended 31 August 2025

The trustees present their report and the financial statements for the year ended 31 August 2025.

Objectives and Activities

Aims and Objectives

The objectives of the charity are the advancement of the Christian faith in accordance with the basis of faith, primarily but not exclusively within Streatham and the surrounding neighbourhoods; and such other charitable purposes as shall, in the opinion of the charity trustees, put into practice the Christian faith in accordance with the basis of faith.

Public Benefit

Streatham Central Church is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1181886. The principal address is 45 Pendennis Road, London, SW16 2SR.

Streatham Central Church was established to provide a church for the local community in Streatham and is continuing as such. It has seen steady growth and progress in teaching, community work and gospel outreach.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. When planning our activities for the year, the trustees have considered the guidance of the Charity Commission in relation to providing public benefit and, in particular, the supplementary guidance on charities for the advancement of religion.

Reference and Administrative Details

Trustees

Mrs Penny Duckworth - Chair, Retired in year (resigned 31/08/2025) Mr Matthew Simpson - Chair

Mr Matthew Watt - Trustee (resigned 25/01/2026) Mr Ben Duggan - Trustee (appointed 25/01/2026) Mrs Hayley Petrie - Trustee (appointed 25/01/2026) Ms Phuti Manyathela - Trustee (appointed 25/01/2026) Rev Alexander Lyell - Trustee

Charity Number 1181886

Principal Address

45 Pendennis Road London SW16 2SR

Independent Examiner

Lesley Carr FCCA 32 Wychood Avenue Thornton Heath

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Matthew Rev Alexander Simpson Lyell Trustee Trustee

[28 June 2026 ]

[28 June 2026 ]

Page 1

Independent Examiner’s Report to the Trustees of Streatham Central Church

I report on my examination of the accounts for the year ended 31 August 2025 which are set out on pages 4 to 13.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Church’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention, other than that disclosed below, in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: JVL Carr

Lesley J V Carr, FCCA 32 Wychwood Avenue Thornton Heath, CR7 8AQ 26 June 2026

Streatham Central Church Statement of Financial Activities For The Year Ended 31 August 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
2
Other
3
EXPENDITURE ON:
Charitable activities:
5
Church Activities
Other Charitable Expenditure
NET INCOME
Transfers between funds
14
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
Prior year adjustments
TOTAL FUNDS CARRIED FORWARD
14		 Unrestricted
funds
£
151,205
710
Restricted
funds
£

8,039

1,121		 2025
Total funds
£

159,244

1,831		 2024
Total funds
£

150,934

1,842
151,915
9,160
161,075
152,776
(122,044)
(9,159)
(16,009)

(2,165)
(138,053)

(11,324)
(129,457)

(16,436)
(131,203)
(18,174)
(149,377)
(145,892)
20,712
(1,813)
(9,554)

1,813
11,698

-
6,884

-
18,899
387,393
(7,741)

8,283
11,698

395,676
6,884

390,209
406,292
542
407,375		 (1,416)

395,677

The notes on pages 5 to 11 form part of these financial statements.

Page 3

Streatham Central Church Statement of Financial Position As At 31 August 2025

Notes
FIXED ASSETS
Tangible Assets
9
CURRENT ASSETS
Debtors
10
Cash at bank
Pleo card account
Creditors: Amounts Falling Due Within One Year
11
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
Creditors: Amounts Falling Due After More Than
One Year
12
NET ASSETS
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds:
Unrestricted Funds
Revaluation Reserve
TOTAL FUNDS
14		 Unrestricted
funds
£
483,786
Restricted
funds
£

-		 2025
Total funds
£
483,786		 2024
Total funds
£
479,620
483,786
21,577
54,139
580
-

-

1,083
 483,786
21,577

55,222
580		 479,620
22,007
55,307

75
76,296
(23,792)
1,083

-
77,379
(23,792)
77,388
(9,666)
52,504
1,083
53,587
67,722
536,290
1,083
537,373
547,342
(129,998)
-		 (129,998) (151,665)
406,292
1,083
407,375
395,677
1,083
305,476
100,816
8,284

286,577

100,816
406,280
387,393
407,375
395,677

On behalf of the board

Mr Matthew Rev Alexander Simpson Lyell Trustee Trustee

28 June 2026 28 June 2026

The notes on pages 5 to 11 form part of these financial statements.

Page 4

Streatham Central Church Notes to the Financial Statements For The Year Ended 31 August 2025

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The charity is a Public Benefit Entity as defined by FRS 102.

1.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

1.3. Incoming Resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

1.4. Resources Expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.5. Allocation of Support Costs

Support Costs are allocated to Church Activates and Other Charitable Expenditure in accordance with the nature of each individual underlying cost. Due to the exact nature of each of these costs no apportionment formula is required.

1.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold Plant & Machinery

Not Depreciated

Straight line over Useful Economic Life

Land and buildings relates to a shared equity property (Pendennis Road) purchased in conjunction with Co-Mission Churches Trust. The addition in the year ended 31 August 2022 represents an additional contribution from the Streatham Central Church. However, the asset was not shown in previous years' accounts and this error was corrected in the year ended 31 August 2023. Plant & Machinery relates to a new sound desk set up for the church purchased in Autumn 2024 which will be depreciated over 10 years.

1.7. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

1.8. Pensions

The charity operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Page 5

Streatham Central Church Notes to the Financial Statements (continued) For The Year Ended 31 August 2025

2. Income from Donations and Legacies

. Income from Donations and Legacies
Donations and gifts:
Donations from individuals
Donations from organisations
Gift aid
Other:
Special Appeal		 Unrestricted
funds
£
131,155
-
20,050
-
Restricted
funds
£

6,540

-

900

599		 2025
Total
funds
£

137,695

-

20,950

599		 2024
Total
funds
£

129,482

145

21,307

-
151,205
8,039
159,244
150,934

The following donations and legacies are included within the total income from donations and legacies above:

3. Other Income

. Other Income
Event income
Interest received		 Unrestricted
funds
£
-
710
Restricted
funds
£

1,121

-		 2025
Total funds
£

1,121

710		 2024
Total funds
£

1,083

759
710
1,121
1,831
1,842

4. Net Income/(Expenditure)

The net income is stated after charging/(crediting):

Depreciation of tangible fixed assets - owned
. Analysis of Expenditure
Church Activities
Other Charitable Expenditure
Church Activities
Other Charitable Expenditure		 Activities
undertaken
directly
(see note6)
£
129,002
11,222		 2025
£
627		 2024
£

-
Support
costs
£

9,050

102		 2025
Total
£

138,052

11,324
140,224
9,152
149,376
Activities
undertaken
directly
(see note6)
£
121,751
16,334		 Support
costs
£

7,705

102		 2024
Total
£

129,456

16,436
138,085
7,807
145,892

5. Analysis of Expenditure

Page 6

Streatham Central Church Notes to the Financial Statements (continued) For The Year Ended 31 August 2025

6. Direct Costs

6. Direct Costs
2025
Other
Church Charitable
Activities Expenditure Total
£ £ £
Ministry Costs 15,320 - 15,320
Weekend away and Social Events - 2,539 2,539
Employee costs 93,453 8,273 101,726
Premises expenses 15,024 - 15,024
General administration 4,578 - 4,578
Depreciation 627 - 627
Other - 410 410
129,002 11,222 140,224
2024
Other
Church Charitable
Activities Expenditure Total
£ £ £
Ministry Costs 19,892 - 19,892
Weekend away and Social Events - 9,642 9,642
Employee costs 82,402 5,955 88,357
Premises expenses 16,505 - 16,505
General administration 2,952 - 2,952
Other - 737 737
121,751 16,334 138,085
7. Independent Examiner's Remuneration
2025 2024
£ £
Independent examination of the financial statements 1,650 1,650

8. Average Number of Employees Average number of employees during the year was: 4 (2024: 4)

Page 7

Streatham Central Church Notes to the Financial Statements (continued) For The Year Ended 31 August 2025

9. Tangible Assets

9. Tangible Assets
Land &
Property
Freehold Plant &
Machinery		 Total
£ £ £
Cost or Valuation
As at 1 September 2024 479,620 - 479,620
Additions - 4,793 4,793
As at 31 August 2025 479,620 4,793 484,413
Depreciation
As at 1 September 2024 - - -
Provided during the period - 627 627
As at 31 August 2025 - 627 627
Net Book Value
As at 31 August 2025 479,620 4,166 483,786
As at 1 September 2024 479,620 - 479,620
10. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 627 700
Income tax recoverable 20,950 21,307
21,577 22,007
11. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Creditors 8,945 9,666
Accruals 14,847 -
23,792 9,666
12. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Unsecured Loans 129,998 151,665

13. Pension Commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £10,063 (2024: £7,520).

At the statement of financial position date contributions of £495 (2024: £0) were due to the fund and are included in creditors.

Page 8

Streatham Central Church Notes to the Financial Statements (continued) For The Year Ended 31 August 2025

14. Movement in Funds

4. Movement in Funds
As at 1
September As at 31
2024 Income Expenditure Transfers August 2025
£ £ £ £ £
Unrestricted funds
General:
General unrestricted fund 286,577 151,915 (131,203) (1,813) 305,476
Revaluation Reserve 100,816 - - - 100,816
Total unrestricted funds 387,393 151,915 (131,203) (1,813) 406,292
Restricted funds
Relief in Need 8,283 - - (7,200) 1,083
Special Events - 1,121 (1,257) 136 -
Special Appeal - Revive - 599 (908) 309 -
Community Outreach Worker - 7,440 (16,008) 8,568 -
Total restricted funds 8,283 9,160 (18,173) 1,813 1,083
Total funds 395,676 161,075 (149,376) -
407,375

The donor of £7,200 of Relief in Need funds received in 2024 has authorised the release of those funds to the General fund.

As at 1
September Prior year As at 31
2023 adjustment Income Expenditure August 2024
£ £ £ £ £
Unrestricted funds
General:
General unrestricted fund 280,877 (395) 137,808 (131,713)
286,577
Revaluation Reserve 100,816 - - -
100,816
Total unrestricted funds 381,693 (395) 137,808 (131,713)
387,393
Restricted funds
Relief in Need 8,516 - - (232) 8,284
Special Events - - 443 (443) -
Special Appeal - Revive - - 640 (640) -
Community Outreach Worker - (1,021) 13,740 (12,719) -
Baptistry Pool - - 145 (145) -
Total restricted funds 8,516 (1,021) 14,968 (14,179) 8,284
Total funds 390,209 (1,416) 152,776 (145,892)
395,677

Page 9

Streatham Central Church Notes to the Financial Statements (continued) For The Year Ended 31 August 2025

15. Transactions with Trustees

The following trustees have been paid remuneration or have received other benefits from the charity or related entity:

Name of trustee Legal authority Remuneration
Pension
Contributions		 Other 2025 Total
£ £ £ £
Mrs Penny Duckworth Governing document provision 8,687 842 - 9,529
Rev Alexander Lyell Governing document provision 16,073 3,744 6,387 26,204

During the previous year the following trustees have been paid remuneration or have received other benefits from the charity or a related entity:

Name of trustee Legal authority Remuneration
Pension
Contributions		 Other 2024 Total
£ £ £
Mrs Penny Duckworth Governing document provision 17,855 1,786 19,641
Rev Alexander Lyell Governing document provision 14,976 3,744 5,955 24,675

Such payments are permitted under the constitution of the charity and no remuneration was paid to them in relation to their role as trustees.

No other trustees received remuneration or benefits in kind from the charity. No trustee expenses have been incurred.

16. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure, except for those disclosed in the Transactions with Trustees note.

17. Analysis of Net assets by fund

Tangible Assets
Debtors
Bank Current Account
Pleo Card Account
Creditors due within 1 year
Creditors due after more than 1 year
Revaluation Reserve		 2025
2024
Unrestricted
funds
Restricted
funds
Total funds
Total funds
£
£
£
£
483,786
0
483,786
479,620
21,577
-
21,577
22,007
54,139
1,083
55,222
55,307
580
580
75
(23,792)
(23,792)
(9,666)
(129,998)
(129,998)
(151,665)
(100,816)
(100,816)
(100,816)
305,476
1,083
305,476
294,861

Page 10

Streatham Central Church Detailed Statement of Financial Activities For The Year Ended 31 August 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations from individuals
Donations from organisations
Gift aid
Special Appeal
Other
Event income
Interest received
EXPENDITURE ON:
Charitable Activities:
Church Activities
Church Meetings
Ministry Expenses
Youth and Childrens Activities
Church service expenses
Co-Mission Initiative Trust Membership
Mission and charitable giving
Wages and salaries
Employers pensions - defined contribution schemes
Staff training costs
Employee expenses
Freelance Administration Support
Venue Hire
Insurance
Printing, publicity and stationery
Depreciation of church equipment
Independent examiner's fees
Professional fees
Other Charitable Expenditure
Social church events
Weekend and away days
Staff housing
Moveable furniture and equipment
Bank charges
NET INCOME		 2025
Total funds
£
137,695
-
20,950
599		 2024
Total funds
£

129,482

145

21,307

-
159,244
1,121
710
150,934

1,083

759
1,831
1,842
161,075
(1,734)
(269)
(768)
(1,168)
(6,390)
(4,993)
(71,666)
(10,063)
(4,187)
(7,537)
(2,662)
(15,024)
(501)
(1,415)
(627)
(1,650)
(7,400)
152,776

-

(568)

(1,550)

(268)

(12,668)

(4,838)

(70,660)

(7,520)

(1,184)

-

(3,038)

(16,505)

(449)

(2,503)

-

(1,650)

(6,056)
(138,054)
(1,631)
(908)
(8,273)
(410)
(102)
(129,457)

(4,183)

(5,459)

(5,955)

(737)

(102)
(11,324)
(16,436)
(149,376)
(145,892)
11,699 6,884

Page 11