2025-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Saviour Hanley Road Reports and Financial Statements 1 January - 31 December 2025

Diocese of London

Charity Registration 1185858 www.stsaviours.church

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Contents

• 4 Legal and Administrative Information

• 5 Report of the Parochial Church Council

• 21 Independent Examiners Report to the Parochial Church Council

• 24 Statement of Financial Activity

• 25 Balance Sheet

• 33 Notes to the Financial Statements

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Legal and Administrative Information

Charity Name: The Parochial Church Council of the Ecclesiastic Parish of St Saviour Hanley Road (“PCC”)

The Governing Document:

Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules.

Charity Registration: 1185858

Principal Address:

St Saviour’s Church is situated on Hanley Road, London N4 3DQ. It is part of the Stepney area of the Diocese of London within the Church of England. The correspondence address is St Saviour’s Vicarage, Hanley Road, London N4 3DQ.

Objectives:

The primary objective of St Saviour’s PCC is to be a church alive in God’s love to serve the city. St Saviour’s PCC has the responsibility of co-operating with the Incumbent, the Revd Peter Hughes, in promoting in the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church buildings of St Saviour’s.

Members of the PCC:

The Revd Matthew Seymour (Incumbent) Anna Seymour

Church Leaders:

Curate: The Revd Rebecca Daynes Licensed Lay Minister: Myna Jones Churchwardens:

Ayozie Pollendine Heidi Dudas

October 2020 Nathan Hosker (reelected May 2023)

Elected members:

May 2023

Mark Boyd Ben Chan Lucinda Jones

May 2024 Jane Goldring Ellis Lui

May 2025

Kate Henry Bavington Harry Wilde Patrick Harding Stephen Hylton

Treasurer:

Secretary:

Employees of the PCC:

Finance Manager:

Bankers

NatWest 11 Upper Street London N1 0PQ

Independent Examiners

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

Aaron Rodewald

Daniel Allwood

Daniel Allwood (Operations Director) Chris Bentley (Youth Lead) Amy Dolley (Worship Lead) Chloe Spencer (Dance) Sarah Ward (Operations Assistant) Hannah Wolak (Kids and Families Lead) Aaron Rodewald, Rodycloud Consulting

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Report of the Parochial Church Council

The Parochial Church Council of the Ecclesiastical Parish of St Saviour Hanley Road (“PCC”) submits its report and the financial statements of the PCC for the year ended 31 December 2025. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report.

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1. Structure, Governance and Management

1.1 Trustees

The PCC is a corporate body established by the Church of England. The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC. Members of the PCC are either ex officio or elected by the Annual Parish Meetings in accordance with the Church Representation Rules and are trained at the first meeting on how to participate.

1.2 Electoral Roll

The Electoral Roll that was compiled in May 2025 stood at 148, which is 13 more than the previous year. The worshipping community and congregation of St Saviour’s continued to grow throughout 2025.

1.3 Risk Management

The PCC has a risk management strategy that comprises:

• An annual review of the risks that the PCC may face;

• The establishment of systems and procedures to mitigate those risks;

• The implementation of procedures designed to minimise any potential impact on the PCC should those risks materialise.

2. Activities & Strategies

The PCC has given due regard to the Charity Commission’s guidance on public benefit. The PCC believes that by promoting the Christian faith it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual development, both for existing church members and for anyone who wishes to benefit from what the church offers; and

• Promoting Christian values, and service by members of the church in and to their communities, to the benefit of individuals and society as a whole.

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3. PCC

The PCC has 12 elected members including 2 churchwardens, plus Matthew Seymour (Incumbent and Chair), Anna Seymour, Rebecca Daynes (Curate) and Myna Jones (Licensed Lay Minister). Employees Aaron Rodewald, Treasurer and Daniel Allwood, Secretary, also attend the PCC without voting rights, as well as Safeguarding Officer Clare Manuel.

The PCC met four times during the year with good attendance (average 85%). Committees met between meetings and reports of their findings were received by the PCC and discussed where necessary. Minutes and attendance are recorded at each PCC meeting. The PCC complies with the duty under section 5 of the Safeguarding and Clergy discipline measure 2017 in relation to having due regard to the House of Bishops’ guidance on safeguarding children and adults.

4. Parish Life and Ministry

4.1 Sunday services

On Sundays we gather to worship Jesus through singing, immersing ourselves in the story of scripture, carving out space for prayer ministry and practicing hospitality - where outsiders are welcomed in and strangers become friends. 2025 has been a busy year. We’ve been building Bubble Church (a monthly Sunday service aimed at serving local families with younger children unfamiliar with ‘ordinary’ church). We’ve launched a new 5pm service, a really exciting new space for Sunday worship at the heart of the church. We’re encouraging crossover between our midweek ministries and our Sunday church life. A massive thank you to all who help make this happen by serving on our Sunday and midweek teams. We had the privilege of partnering with the existing congregation at Christ Church West Green through the leadership of utterly wonderful Chris and Emily Brees and a committed core team, under the overall leadership of Matt as Priest-in-Charge. We’re all praying for them, and rooting for them, on this new adventure. Hannah (kids+families),

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Chris (youth), Sarah (operations), and Amy (worship) continue to bring incredible life and faith to their ministries - we are so blessed to have them. Alongside all of this, the Sunday service culture at St Saviour’s in 2025 has continued to tell a remarkable story of high levels of commitment, faith and love across the church, with a significant percentage of the St Saviour’s family offering their time and energy to serve on team: cafe-welcome, duty, visuals-audio, livestream, kids+families, youth, prayer ministry, Bubble church or the huge number of small, often unseen, ways everyone hosts the space. It’s amazing. Sunday attendance has been really healthy this year, regularly hitting 160 adults and 50+ kids, with a growing atmosphere of faith in Jesus. It’s been so encouraging to see such steady growth across the congregation, welcoming new people every month. Jesus is alive and it is a joy to live in the light of His life. Bring on 2026!

4.2 Bubble Church

We launched our monthly Bubble Church services in October 2024 and by God’s grace and an incredible team, it has continued to grow since then - we welcomed nineteen families to our Christmas Bubble Church service. Bubble Church is thirty fun-packed minutes where (after serving coffee and croissants) we welcome young families to worship, pray, engage with an interactive bible story (using the well loved puppets!) and respond creatively to the message. We started Bubble Church as an easy invite to anyone joining our Wednesday community activities to come to a church service especially suited for them and to start or reignite a journey of faith as well as this being a monthly fun expression of faith for our current younger St Saviour’s families. It’s been exciting to welcome an increasing number of new families to Bubble Church and through this, into the wider church family over 2025. Our huge thanks to the incredible creative, hard-working and fun Bubble Church team who make this missional service happen and let’s be praying for more in 2026.

4.3 Church Plant

We had the privilege and joy of partnering with the existing congregation at Christ Church West Green through the leadership of utterly

wonderful Chris and Emily Brees along with a highly committed core team, under the overall leadership of Matt as Priest-in-Charge. Seeing the life that’s emerging and the new story unfolding through CCWG is extraordinary as together they pursue God’s heart for Turnpike Lane. Through our regular monthly prayer and worship staff gatherings at St Saviour’s, as well as regular monthly gatherings in between with the Table London network of churches at KXC, we are tracking closely with our CCWG family in this unfolding adventure of faith. What an honour to be associated with them. Holy Spirit come!

4.4 Worship Team Report

Our core vision for worship and production at St Saviour’s is for Jesus to be at the centre, to seek God’s will in everything we do, and to honour His name in worship before anything else.

A major milestone this year was the launch of the evening service in February. This effectively doubled the weekly load on our worship and production team. Yet, we have consistently had bands serving both morning and evening services, and we are hugely grateful to our worship and production volunteers for joyfully stepping up to the call. Worship at the evening service has developed its own character. It’s typically longer and often more spontaneous than the morning, offering a different style of worship than the 10.30am service, giving churchgoers the option for a more spacious time of worship.

The evening service has also served as a training ground for emerging worship and production team volunteers. For some new to the team, the morning service can feel daunting due to the size of the congregation and the technical set up, and the 5pm has provided a lower-pressure context where people can grow in confidence and their gifting. We’ve already seen individuals transition from playing and leading at the 5pm into serving at the morning service.

The team has continued to grow in both size and strength this year, with new volunteers joining across key roles; 5x visuals, 4x worship leaders, 4x guitarists, 3x backing vocals, 2x sound engineers, 1x camera operator, and 1x bassist.

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This year we’ve seen a noticeable strengthening of team culture. Our 2025 termly team nights were well attended and felt like a genuine moment of connection as we shared dinner and worshipped together. We also met as a group of worship leaders which created space to touch base, share wisdom and encourage one another. We also held two instrumentalist nights in 2025. The bassist’s night was well attended, with lots of wisdom shared from Heather Staff and Nick Banks. For our vocalist’s night, Geddy and Esther from KXC shared thoughtful and practical input.

The carol services were a huge highlight of the year. With special thanks to Tom and Mark Diamond for their monumental effort in helping make the services happen, the team was able to produce fresh and creative carol arrangements, while keeping them accessible for non-churchgoers in the room. Both services were full, and felt both joyful and worshipful. We’ve since heard meaningful follow-up from nonChristians who attended, some of whom are now curious about faith and open to coming again.

4.5 Children’s Ministry Report

We’ve had another exciting year of growth among the kids and families of St Saviour’s! We have up to 50 3-10 year-olds in Kids Church each week and have now created 5 kids groups that run every Sunday - the Kingdom Creatures (Baby Bears, Ducklings, Foxes, Pandas and Penguins). The new groups on a Sunday morning now accommodate all the children and allow room for Kids Church to grow. We have a vision for our young people to build life-long friendships, experience joy and adventure and discover Jesus’ amazing love. They are at the heart of this church. Kids groups take place across the site, including upstairs and downstairs in the Organ Room, all the spaces in the barn, the garden and the vicarage community room. Inclusion is at the heart of our Kids Ministry. We have 1-1s every Sunday that hang out with the children with additional needs, and our Kids Team get termly training on how to best serve the kids at St Saviour’s. In 2025, we covered a lot in Kids Church, including stories of

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Jesus in the gospels, the book of Acts and Dynamic Duos. We’ve been delving into the Bible and learning about specific Bible characters, books and stories.

It’s been good seeing the link between mid-week ministries and Sundays with more families coming to Bubble Church, Kids Church, Streams and the Light Party. Kids have also been bringing along friends to church. The kids led the readings and worship for the Christingle service and have been getting more confident doing the action songs at the front of church.

We have hosted various and well-attended Kids events, in particular a Light Party as a fun Halloween alternative and a Kids Christmas Party during the Christmas carol services. These events have continued to grow this year and we had up to 200 people at the Light Party again and 60 kids at the Christmas party. A lot of these people came from Sound Explorers and Dance which is very exciting.

Lots of more babies have arrived this year and we’ve had the joy of welcoming them into the church family with several baptisms and dedications. Families with babies and underthrees have enjoyed using the Organ Room space during Sunday services as the crèche. We now have 2 groups on Sundays for the under 3s, the Baby Bears (0-1s) and the Ducklings (2-3s) so that each child and parent can get the most out of church and experience the joy and love of Jesus. The Ducklings have been using the mezzanine of the Organ Room for crafts, games, stories and prayers.

We’re continuing to explore new ways to gather as the whole church family on Sundays such as creative all-age services to begin each new term together, fun all-age services at Easter and Christmas, all-age songs at the beginning of the church service every week, and bring-and-share lunches and BBQs after church in the garden in the summer months.

4.6 Youth

Over the past year, we’ve seen great growth in the youth programs at St. Saviour’s. Both the Monday Youth Group and Sunday Youth have grown with more young people attending. It has

also been a joy for all the teenagers growing in deeper relationships with each other and also with their relationship with God.

In the Monday Youth Group, we’ve seen deeper connections forming between the teenagers, and they’ve started asking more meaningful questions about their faith and how to share it with their friends. We dove into apologetics this past year, helping the teens tackle some of the big questions about life. The conversations as a result of this were incredibly fruitful, with the teenagers really grasping really good knowledge on these challenging topics. We’ve also had some joint social events, which have given the teenagers at St. Saviours a chance to meet others their age. This will be more and more frequent as this next year kicks off.

Another big win for this year was the first ‘Weekend at Church’ for the teenagers which was a big success and really enabled a building of deeper relationship between leaders and young people. This weekend featured going to

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Go-Ape, water slides and sessions looking at how we can be rooted in God. There are plans in the pipeline to go away in 2026 for a full weekend somewhere else in the UK.

This year has been incredibly lifegiving and I can’t wait to see what 2026 will hold!

4.7 Hubs

Hubs have been vital as St Saviour’s continues to grow in providing mid-week discipleship and community for the majority of the congregation of St Saviour’s, with a vision that everyone at St Saviour’s is part of a Hub. With this in mind, several new Hubs have started so we now have ten Hubs and enough space in new Hubs for anyone who wants to join.

Hubs meet in homes across Finsbury Park and beyond on weekday evenings for food, bible study, prayer and fellowship as well as a morning online Hub run especially for those unable to meet in person.

Every Hub leader has had safeguarding training and is aware of our pastoral care support structures if a crisis should arise. We are grateful to Clare Manuel for her support and assistance in this as our Designated Safeguarding Officer.

The staff team support Hub leaders through weekly prayer for them and their Hubs, termly meeting with leaders and being available to them whenever needed, visiting new hubs and resourcing leaders with a new Hub Leaders Handbook.

Our huge thanks to all the Hub Leaders past and present for their leadership and the vital spaces they provide which enable discipleship and community at the heart of St Saviour’s.

4.8 Morning Prayer

Morning prayer is a space at the heart of the church where we commit the needs of the church to the Lord in prayer and intercede for the Kingdom of God to be made known in Finsbury Park as in heaven. It happens online to make it accessible to those who wouldn’t otherwise be able to attend, and we’re massively grateful to

our amazing morning prayer team who lead: Myna, Grace, Daphne and Jeremy, Christine, Marcus, Mark and Andrew. Their passion for Jesus is amazing and adds fuel to the fire of all God’s doing by His Spirit at St Saviour’s.

4.9 Weddings, Funerals and Baptisms

St Saviour’s hosted two weddings, three funerals and five baptisms over 2025. More weddings and baptisms are booked at St Saviour’s for the year ahead, which is exciting!

4.8 Community

4.8.1 Alpha and the Marriage Course

Alpha is a series of dinners and discussions that freely explore the Christian faith, the person of Jesus and what this could mean for them. It’s especially designed for any who are exploring Christianity for the first time or new to the church looking to deepen their faith and connect in. St Saviour’s ran one well-attended Alpha course in 2025 with guests going on the exciting journey towards faith in Jesus. Several of our guests have since joined our ‘Foundations in Faith’ midweek group to continue the journey, as well as becoming part of the church: what a blessing, what a gift! A huge thank you to those who served on Alpha by cooking meals, setting up and packing down, hosting discussion groups, praying, and so much more. There was a real team spirit, which made it such fun to be a part of. Our next Alpha course runs next term on a Wednesday evening so do be praying about who to invite.

We successfully ran the Marriage Course in the summer term, with three in-person sessions between online content. Buy-in was wonderful, with 17 couples participating in the whole course, carving out regular space every week to strengthen marriage. Feedback was really positive and we’re hoping to run another course soon.

4.8.2 Break Bread

Break Bread is a free community lunch which takes place on the second and fourth Friday of each month. There’s no need to sign up; there’s

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a bowl of soup for all who turn up! We currently get around twenty people, filling three tables. It’s become an established part of the life and witness of St Saviours, creating bonds of family across the community as we meet to share lunch. It’s a means to connect and show love to anyone who would otherwise eat alone.

Jesus tells us to lunch, not with our friends, family or rich neighbours, but those on the margins in our communities (Luke 14:12-14). Break Bread is a space where we can practise radical hospitality and so reflect Jesus to Finsbury Park - a place where we can be blessed as we eat with the elderly and the vulnerable. Where better to connect and break social barriers than across a table? It’s lunchtime, everyone is hungry and we all know how to eat and enjoy food. Conversation flows and there’s space for everyone to speak and to listen. Our prayer is that crossing the threshold at Break Bread is also a way into Church life and a means to receive the bread of life and healing that Jesus offers.

Huge thanks go to Jane, Christine, Alex, Carmen and Claire who help make this happen.

4.8.3 Sound Explorers

Wednesdays in term times are our busiest midweek day at St Saviour’s; it is wonderful to welcome so many different people from the local community to St Saviour’s. We welcome up to 80 parents and carers and their babies and preschool children to “Sound Explorers”, an amazing free Stay and Play and Music group, which Jenny Baker runs. During Sound Explorers we serve fresh coffee, tea and other refreshments. It’s been exciting to see numbers continue to grow and an increasing sense of community among the parents and carers who come. People often articulate how much they enjoy coming into the church space and how it “feels different” to other groups they attend. Some parents heading back to work have changed their working pattern to be able to come on Wednesdays because Sound Explorers is the highlight of their week! We’re also starting to see some of the parents and carers being open to being prayed for and coming along to other events at St Saviour’s, in particular Bubble Church, the Light Party

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and Christmas services. We have even had a few families from Sound Explorers who have started attending Bubble Church regularly and Kids Church semi-regularly.

A huge thanks to Jenny for running such an excellent music group at the end of the session and for her pastoral care for the children and families who come along, and to Christine Ng who helps with the practical running of the group and has such a heart for the adults and children who come.

We have also started to build our volunteer base for Wednesdays as the group is growing so large so thank you too to Claire Goldring who has also contributed to the smooth running of Sound Explorers this year as well as parents who have donated snacks for the cafe and toys to play with. In 2025, we also introduced our Sound Explorers clothes swap which was a massive success and has now happened a couple of times. We had lots of parents donating clothes and taking new clothes home with them which was so much fun!

Small Explorers

In 2025, we introduced Small Explorers to our Mid-Week ministries. This is a beautiful little group of expecting mums, new mums and newborn babies. We have up to 8 mums that come each week, share experiences, grow together and pray together. This group is open to anyone with a new child but has tended to be mainly church mums and then occasionally a few of their friends. It has been a wonderful space for mums to chat and learn from each other. We have refreshments and then at the end of each session we pray together and have a little Bible study. Most of the mums coming have been very open to prayer whether they are church goers or not.

4.8.4 Dance

On Wednesday afternoons, we welcome local children and their families to ballet and jazz classes. During the classes, Dan Allwood and Anna Seymour chat to families and pray with those that want prayer which is a great evangelistic opportunity. The Dance community

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has become really strong and people love coming to hang out with each other and eat together as well as attend the ballet classes. A lot of these dance classes are now full, which is exciting growth. At Christmas each year the children work towards performing a show in December. In 2025, we performed “Alice in Wonderland” which was a beautiful production that Hannah even got involved in. We hired tutus for the first time which really elevated the performance and the whole set really stood out. Our huge thanks to Chloe and Hannah not only for their wonderful classes but their love, care and prayer for the children and families who come. The front/stage area of the church is used for classes, while the entrance/back of the church becomes a community space for families to use before and after classes. We offer a free home-cooked dinner for any families who would like it. Our ongoing and huge thanks go to Dena Dease and Christine Ng, who shop, cook, serve, clean up and host the families to make this possible each week.

4.8.5 English Language Classes

English Language Conversation Classes ran throughout the year, meeting the needs of those in our parish and beyond with English language needs, including those seeking asylum and refuge. The ministry is led by Mark Winterburn. Through teaching, activities and fellowship, volunteers create a welcoming community for learners to practice their language skills. Many sessions are led by volunteers, who dedicate time to preparing and running the classes. We have also been blessed by a small grant from KXC this year, allowing us to hire an experienced ESOL teacher, who has provided enhanced sessions for learners and supported the development of volunteers.

4.8.6 Gospel Choir

The Gospel Choir enjoyed another great year, with the choir growing deeper in community with one another. The choir has grown, and

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often has over 70 members at rehearsals. Members are more readily taking up the invitation for prayer at the end of rehearsals, and we have seen a greater crossover with participation at other midweek community activities and Sunday services.

There were three performances with a jam-packed Winter Gig, the “Choir Fest” performance in the spring, where two other choirs joined the gospel choir, and an outdoor gig in the church garden, welcoming families from across the community to enjoy uplifting gospel music in the sunshine. Once again we are truly grateful to Beth Allwood, who leads the choir so brilliantly, and to Mark Diamond who helps make all the performances happen with his valuable tech support.

4.8.7 Football Coaching

The football coaching initiative for 10-15 year olds, Coaching at the Cage, led by Dan and Josh, has gone through starting a new chapter this year. With older players moving on as the started 6th form, a new group of players have started to attend, growing over the course of the year from roughly 5 attending a week to a new record of 17. The group of incredible volunteers provide a weekly football coaching session on a Monday evening at the five-a-side pitch on the Crouch Hall estate on Hanley Road. The sessions involved coaching drills, a game, and a short reflection on faith, life and the Bible. This ministry is an exciting expression of the life of the church, and is drawing the local community into a life of faith in a tangible and compelling way.

4.8.8 Growing Hope

In 2025 we were delighted to open the Growing Hope clinic for one day a week, offering free therapy for children and young people (0-18) with additional needs. The charity also provides support for parents, carers and siblings through our groups and courses. We are so grateful to Beth and all of the team at Growing Hope, for the amazing service they provide to the community.

4.8.9 Fellowship Fund

The Fellowship Fund continues to support and bless people in the congregation and local area when we become aware of need. Amongst other things it has supported people in fuel poverty, struggling with other bills or while out of work. It has also been used to help people in mental and physical health crises, equip single-parent families in temporary accommodation and bless people in seasons of serious illness and bereavement. Our huge thanks to those who have given so generously to the Fellowship Fund.

4.8.10 Weekend Away

This year marked our first ever church Weekend Away. At the end of January, we spent 2 nights at Ashburnham Place, near Battle in Sussex, enjoying great worship, teaching, fellowship, and time in a beautiful and peaceful part of the countryside. Tim May came as our guest speaker and delivered a powerful message on forgiveness. The kids and youth had their own

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5 Buildings & Garden

5.1 Carpet

In the summer of 2025 we replaced the carpet throughout the church. The old carpet had suffered a great deal of water damage before the roof was replaced, and was heavily damaged in places. The new carpet provided a smarter look to the church, whilst being a more appropriate breathable material which is sympathetic to the old building beneath.

5.2 Planning

Most of the building work in 2025 was spent planning projects for the following year. Planning permission was agreed and faculties applications were submitted for a heating project in the Organ Room and a refurbishment of the main toilets in the church which will both take place in the spring of 2026. Further work on the Barn was planned for early in the year ahead.

5.3 Garden

programming led by Chris and Hannah. Nearly 150 members of the church came, with generous bursary donations making that level of attendance possible. Interest in the weekend was high enough that we had a waiting list and were unable to accommodate all who hoped to join. Overall feedback was strong, and we have booked Ashburnham for the same weekend in 2026, this time reserving more spaces in the hopes of accommodating everyone who wishes to come and opening places to members of what will be the newly planted Christ Church West Green. Though the weekend represents a sizable level of outgoing expenses, attendees (and bursary funders) covered the cost of all attendee rooms and accommodation, plus a small additional amount towards other programme expenses. Staff accommodation and travel, part of the cost of the coach, stipends for two external kids workers, and spending on items like the Saturday evening quiz were covered by additional funds allocated for this event.

A massive thank you to Claire and Paullette who continued to work on the driveway, which is now fully weeded and flourishing.

6. Safeguarding report

At St Saviour’s, we recognise that we have a duty to ensure the safety of children and vulnerable adults[1] who come into contact with us. This includes recognising that there are those who are determined to harm and who deliberately seek out groups or organisations where they can meet children or other vulnerable people. The Church can attract these people.

The PCC is responsible for safeguarding. We are supported in this role by Church Safeguarding Officer (Clare Manuel) and by the leadership team, especially Dan, Chris, Hannah and Bex who ensure the St Saviour’s is compliant with safeguarding standards, including on DBS checks and training, and mainstreams a

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safeguarding culture in our day-to-day operations. Any safeguarding concerns should be reported to Clare.

Our approach to safeguarding is in line with the House of Bishops’ guidance, and we’re guided by the London Diocese Safeguarding Team. The PCC continues to be grateful to the Diocesan Safeguarding team for the information and practical guidance they provide, and for their responsiveness to queries.

There is always ongoing work to be done to ensure that St Saviour’s is a place where everyone feels they are in a safe space to be themselves and express themselves. In this context we will be working during 2026 to clarify the practical outworking of our theological conviction of generous orthodoxy around marriage and sexuality.

7.2 Reserves Policy

The PCC has adopted a policy whereby £45,000 of non-discretionary committed expenditure is to be reserved. At 31 December 2025 the PCC had net free reserves of £62,175 as follows:

Total net assets: £336,873 Less: Unrestricted fixed assets: £81,219 Less: Restricted funds: £193,479 Free Reserves: £62,175 Free Reserves requirements: £45,000

7.3 Investment Policy

The PCC currently places spare funds on bank deposit.

7.4 Grants Awarded

Cloudesley

7. Financial Review

7.1 Financial Activity and Financial Position

The PCC’s main sources of funding are the free will offerings of church members and grants from third parties. The PCC is very grateful to Cloudesley, Porters Trust, HDH Wills 1965 Charitable Trust and Albert Gubay Charitable Foundation for funds committed during the year.

The Statement of Financial Activities and Balance Sheet can be found on pages 24 and 25. The balance sheet shows total net assets of £336,873.

Included in total funds are amounts totalling £193,479 which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed conditions. Full details of these restricted funds can be found on page 34 together with an analysis of movements in the year.

We are so grateful once again for the continued assistance of Cloudesley. Without the help of this amazing charity, we wouldn’t have been able to fix the leaking roof or continue work on our new garden room, or to make the urgent structural fixtures to the hall. In 2025 Cloudesley supported the church carpet installation with a grant of £26,000, most of which was spent, with the remainder to be finished in early 2026. We used the final amount of £1377 for the AV installation in the church, and started using a £10,000 grant towards the heat pump installation in the organ room for planning applications and architects drawings. We are so grateful once again for the continued assistance of Cloudesley. Without the help of this amazing charity, we wouldn’t have been able to fix the leaking roof or continue work on our new garden room, or to make the urgent structural fixtures to the hall. In 2025 Cloudesley supported the church carpet installation with a grant of £26,000, most of which was spent, with the remainder to be finished in early 2026. We used the final amount of £1377 for the AV installation in the church, and started using a £10,000 grant towards the heat pump installation in the organ room for planning applications and architects drawings.

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Porters Trust

Once again we are hugely grateful to Porters Trust, who have supported us by contributing towards the salary of our Kids and Families Lead

Albert Gubay Charitable Foundation

We are so thankful for the £50,000 grant from Albert Gubay Charitable Foundation for our project restoring the Hall.

HDH Wills 1965 Charitable Trust

We are thankful for the £1,000 grant from HDH Wills 1965 Charitable Trust for our project restoring the Hall.

The PCC is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Church Accounting Regulations 2006. The PCC is 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. The PCC is responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

9. Approval

8. Responsibilities of Trustees for the Financial Statements

The PCC is responsible for preparing the Annual Report and financial statements in accordance with applicable law and United Kingdom Accepted Accounting Practice.

Charity law requires the PCC to prepare a statement of financial activities and balance sheet for each financial year, which gives a true and fair view of the state of affairs of the PCC and of its financial activities for that year and adequately distinguishes any material special trust or another restricted fund of the PCC. In preparing those financial statements, the PCC is required to:

• Select suitable accounting policies and then apply them consistently;

• Make judgements and estimates that are reasonable and prudent;

• State, whether the policies adopted, are by the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;

• Prepare the accounts on the going concern basis unless it is inappropriate to presume that the PCC will continue to operate.

The report of the PCC was approved by the PCC on 8 March 2026 and signed on its behalf by:

The Revd Matthew Seymour PCC Chairman

Aaron Rodewald Treasurer

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Independent Examiners Report

11 ' *J441

Independent Examiners Report

To The Trustees On The Unaudited Accounts Of The Parochial Church Council of the Ecclesiastical Parish of St Saviours Hanley Road

I report to the trustees, being the members of the Parochial Church Council (“PCC”), on my examination of the accounts of St Saviours Hanley Road for the year ended 31 December 2025, which are set out on pages to 22 to 30.

Responsibilities and basis of report

As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.

1. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

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.

I report in respect of my examination of the trustee’s accounts carried out under section 145 of the 2011 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 2011 Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

C J Goodhead FCA Knight Goodhead Ltd Chartered Accountants

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

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

23

Statement of Financial Activity

For the year ended 31 December 2025

	Note	Unrestricted Funds	Restricted Funds	TOTAL FUNDS	Unrestricted Funds	Restricted Funds	TOTAL FUNDS
		2025			2024
		£	£	£	£	£	£
INCOME FROM:
VoluntaryIncome		305,004	21,031	326,035	275,240	13,623	288,863
Grants		22	95,002	95,024	15,584	114,451	130,035
Church Activities		29,082	-	29,082	16,344	-	16,344
Church Rental Income		32,274	-	32,274	20,164	-	20,164
Other Income		7,045	3,465	10,510	2,968	3,477	6,445
TOTAL INCOME	2	373,428	119,498	492,925	330,301	131,551	461,852
EXPENDITURE ON:
Charitable Activities		389,655	88,899	478,554	298,193	89,427	387,620
Governance Costs		3,374	-	3,374	7,562	-	7,562
TOTAL EXPENDITURE	2	393,030	88,899	481,929	305,755	89,427	395,182
NET INCOME/ (EXPENDITURE) BEFORE TRANSFER OF FUNDS		(19,602)	30,598	10,997	24,546	42,124	66,670
Gross transfer in funds		(807)	807	-	(14,700)	14,700	-
NET MOVEMENT IN FUNDS		(20,409)	31,405	10,997	9,846	56,824	66,670
Balances brought forward at 1 January2025		163,803	162,074	325,877	153,957	105,250	259,208
BALANCES CARRIED FORWARD AT 31 DECEMBER 2025		143,395	193,479	336,873	163,803	162,074	325,877

24

Balance Sheet

	Note	2025	2024
		£	£
FIXED ASSETS
Buildings		5,000	5,000
Improvements to The Barn		47,098	52,985
PA/AV Equipment	5	29,121	38,442
		81,219	96,427
CASH IN THE BANK
		265,284	247,675
CURRENT ASSETS
Other debtors		11,566	9,208
Prepayments	6	6,235	6,473
		17,801	15,681
CURRENT LIABILITIES
	7	(27,431)	(33,070)
NET CURRENT ASSETS		255,654	230,286
NON -CURRENT LIABILITIES
Loan to Stepney Area Office Ministry		-	837
	8	0	(837)
NET ASSETS		336,873	325,877
RESERVES
Surplus foryear	1	10,997	66,670
StartingBalances		325,877	259,207
		336,873	325,877
FUNDS
Unrestricted		143,395	163,803
Restricted		193,479	162,074
	11	336,873	325,877

25

Sttement of Financial Actitivity and Balance Sheet continued

Approved by the Parochial Church Council on: and signed on its behalf by:

Revd Matthew Seymour Priest in Charge / Chair of Trustees

Aaron Rodewald Treasurer

The notes on pages 11 to 15 form part of these financial statements

CASH FLOW STATEMENT

For the year ended 31 December 2025

	Note	2025	2024
		£	£
NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES	1	8,491	83,792
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received		9,117	5,995
Purchase of fixed assets		-	-
NET CASH FLOW		17,610	89,787
CASH IN THE BANK
		265,284	247,675
Cash at the end of theyear	2	265,284	247,675
Cash at start of theyear		247,675	157,889
(Decrease)/increase in cash in theyear		17,609	89,787
		17,801	15,681

26

NOTES TO THE CASHFLOW

For the year ended 31 December 2025

RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

		2025	2024
		£	£
1	Net movement in funds for theyear	10,997	66,670
	Dividends and interest received	(9,117)	(5,995)
	Depreciation	15,209	13,318
	(Increase)/Decrease in debtors	(2,120)	9,505
	Increase/(decrease)in creditors	(6,477)	294
	Net cash flow from operating activities	8,491	83,792
2	ANALYSIS OF CASH AND CASH EQUIVALENTS
	Cash at bank and in hand	265,284	247,675
		265,284	247,675

27

ACCOUNTING POLICIES

For the year ended 31 December 2025

Basis of preparation

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2015.

The PCC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Restricted funds are those donated for specific purposes.

Income

Voluntary income and capital sources

Donations and other income are recognised when received and an estimate of income tax recoverable is recognised when the related donations are recognised.

Rental Income

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

Church Activities Income

Income from church activities is recognised when the date of the event takes place.

Expenditure For the year ended 31 December 2025

Church activities

The diocesan Common Fund is accounted for when paid. Any Common Fund unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. Expenditure incurred in the operation of the church is classed as charitable activities.

Expenditure incurred in the operation of the church is classed as charitable activities.

Governance costs is classed as what is needed to keep good governance of the PCC.

Fixed assets

Consecrated property and moveable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by s.10 of the Charities Act 2011.

All expenditure incurred in the year on consecrated or beneficed buildings or on the repair of movable church furnishings acquired before 1 January 2003 is written off.

Other fixtures, fittings and office equipment

Only items of greater than £1,000 are capitalised. Church worship equipment comprises a number of electrical and other items connected with sound, vision and worship. They will be depreciated over three years from date of first use. Computer and office equipment and furnishings are depreciated over three years from date of first use. The PCC have ownership of a church hall any improvements to the building are depreciated over 10 years.

Grants

Grants and donations are accounted for when paid over, or when awarded. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable.

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.

28

Financial Statement

For the year ended 31 December 2025

	2025	2025	2025	2024	2024	2024
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	£	£	£	£	£	£
Donation
Collections - GASDS	4,050	-	4,050	2,231	-	2,231
Gift Aid	53,964	1,804	55,769	50,429	2,603	53,032
One offgifts - Gift Aided	24,877	16,438	41,315	20,026	10,340	30,366
One offgifts - Not Gift Aided	5,057	649	5,706	2,981	-	2,981
Plannedgiving- Gift Aided	180,526	1,770	182,296	172,756	-	172,756
Plannedgiving- Not Gift Aided	36,530	370	36,900	26,817	680	27,497
Total Donation	305,004	21,031	326,035	275,240	13,623	288,863
Grants
Grants	-	95,002	95,002	15,000	114,451	129,451
Income from Other Organisations	22	-	22	584	-	584
Total Grants	22	95,002	95,024	15,584	114,451	130,035
Church Activities
Dance Class Income	7,687	-	7,687	9,016	-	9,016
Event Income	20,313	-	20,313	6,532	-	6,532
Funeral Fees	214	-	214	-	-	-
WeddingFees	868	-	868	796	-	796
Total Church Activities	29,082	-	29,082	16,344	-	16,344
Rental
Church Rental-Ad hoc	3,127	-	3,127	1,245	-	1,245
Church Rental-Regular	1,053	-	1,053	9,200	-	9,200
Hall Rental -Ad hoc	2,450	-	2,450	2,985	-	2,985
Flat rental	25,645	-	25,645	6,733	-	6,733
Total Rental	32,274	-	32,274	20,164	-	20,164
Other Income
Bank interest	5,653	3,465	9,117	2,518	3,477	5,995
Sales ofproducts	1,392	-	1,392	450	-	450
Total Other Income	7,045	3,465	10,510	2,968	3,477	6,445
Total Income	373,428	119,498	492,925	330,300	131,551	461,851

29

Expenses

	2025	2025	2025	2024	2024	2024
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	£	£	£	£	£	£
Worship
Christmas	2,477	-	2,477	2,506	-	2,506
Depreciation on PA/AV	9,321	-	9,321	7,431	-	7,431
Festival services	125	-	125	303	-	303
PA and AV	1,026	1,382	2,407	744	575	1,319
Preaching and Teaching	686	-	686	651	-	651
Sundays Content	3,181	-	3,181	4,751	-	4,751
Wedding Cost	52	-	52	5	-
Worship	973	-	973	801	-	801
Worship Team	634	-	634	282	-	282
Total Worship	18,475	1,382	19,857	17,473	575	18,047
Community
Dance Expenses	2,713	90	2,803	4,203	109	4,312
Discipleship & Hubs	415	-	415	677	-	677
Events	23,984	-	23,984	4,170	-	4,170
Hubs	-	-	-	-	-	-
Kids	3,604	-	3,604	1,204	-	1,204
Leadership Development	103	-	103	327	-	327
Mid-Week Kids	2,361	584	2,945	1,997	618	2,615
Newcomers	-	-	-	66	-	66
Pastoral	119	-	119	892	-	892
Wild Fires	-	-	-	3,328	-	3,328
Womens and Mens Ministry	437	-	437	-	104	104
Youth	630	1,000	1,630	1,041	-	1,041
Total Community	34,365	1,674	36,039	17,906	831	18,737
Mission
Alpha	685	-	685	195	-	195
Church Planting	-	27,923	27,923	6	1,105	1,111
Compassion and Local Ministry	-	-	-	-	-	-
Grants and Giving Away	18,598	2,464	21,062	7,873	1,265	9,138
Missional Activities	356	181	538	1,242	111	1,353
Total Mission	19,639	30,569	50,208	9,316	2,481	11,797

30

Expenses continued

	2025	2025	2025	2024	2024	2024
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	£	£	£	£	£	£
Operations
Bad Debt	168	-	168	-	-	-
Church Refurbishments	1,782	34,491	36,274	2,939	70,175	73,114
Cleaning	7,218	-	7,218	7,515	-	7,515
ClergyChild Care	371	-	371	398	-	398
ClergyHousing	21,084	-	21,084	10,804	-	10,804
Communication & Media	210	-	210	487	595	1,082
Depreciation on Hall Improvements	5,887	-	5,887	5,887	-	5,887
Flat Rental	19,200	-	19,200	4,800	-	4,800
Finances	470	-	470	421	-	421
Garden Maintenance	132	1,213	1,345	485	-	485
Hire Costs	326	-	326	928	200	1,128
HR	-	-	-	356	-	356
Insurance	8,221	-	8,221	6,953	-	6,953
IT	2,665	-	2,665	3,043	-	3,043
Office Management	643	-	643	368	-	368
Office Supplies	96	-	96	74	-	74
Repairs and Maintenance	10,175	2,572	12,747	4,451	-	4,451
Shared Consumables	536	-	536	902	-	902
Shared Equipment	101	-	101	442	-	442
Staff Hospitality	130	-	130	1,104	-	1,104
Staff Well Being	386	-	386	673	-	673
TABLE	987	-	987	-	-	-
Team Training	1,329	-	1,329	1,309	-	1,309
Tools and Equipment	188	-	188	7	-	7
Utilities	16,184	-	16,184	18,936	-	18,936
Vicar Discretion Fund	49	-	49	229	-	229
Volunteer Support	-	-	-	94	-	94
Total Operations	98,538	38,275	136,813	73,604	70,970	144,574
Staff
Total Staff	154,038	17,000	171,037	145,796	14,570	160,366
Common Fund	15,000	-	15,000	17,400	-	17,400
Total Common Fund	64,600	-	64,600	34,098	-	34,098
Governance
Accounting	1,200	-	1,200	1,700	-	1,700
Bank Charges	493	-	493	409	-	409
Legal Fees	600	-	600	4,720	-	4,720
Payroll	450	-	450	270	-	270
PCC Expenses	632	-	632	463	-	463
Total Governance	3,374	-	3,374	7,562	-	7,562
Total Operating Expenses	393,030	88,899	481,929	305,755	89,427	395,182

31

Notes

For the year ended 31 December 2025

3. STAFF COSTS	2025	2024
	£	£
Wages and salaries (incl PAYE)	130,154	63,982
Social security costs	3,542	-
Pension costs	7,470	11,875
Freelance Staff costs	4,305	6,320
Curate costs paid to LDF + Housing	25,566	78,188
	171,037	160,366
	2025	2024
Total amount of staff employed	7	6
FTE staff employed	3.5	3.3
No staff member was paid over £60,000 in 2025

4. MISSION GRANTS
Grant Recipient	Grant Amount
A Rocha	1,800
Choices Islington	1,800
Congregation in Need	2,464
Duncombe School	1,800
Foodbank (St Mary's Hornsey Rise)	1,800
Growing Hope	5,310
IJM	1,800
Kings Cross Church	688
London City Mission	1,800
Power the Fight	1,800
Total	21,062

5. FIXED ASSETS	Buildings	Barn Improvements	PA/AV Equipment	Total
	£	£	£	£
Cost At 1 January 2025	5,000	58,872	49,349	113,221
Additions during year	-	-	-	-
Disposals during year	-		-	-
At 31 December 2025	5,000	58,872	49,349	113,221
Depreciation At 1 January 2025	-	(5,887)	(10,906)	(16,794)
Charge for the year	-	(5,887)	(9,321)	(15,209)
Disposals during year	-	-	-	-
At 31 December 2025	-	(11,774)	(20,228)	(32,002)
Net Book Value At 1 January 2025	5,000	52,985	38,442	96,427
At 31 December 2025	5,000	47,098	29,121	81,219

33

6. DEBTORS	2025	2024
Prepayments	6,235	6,473
Amounts owed from Kings Cross Church	-	-
Other debtors	11,566	9,208
Total	17,801	15,681

7. CURRENT LIABILITIES	2025	2024
Accounts Payable	1,632	2,939
Accruals	1,702	3,400
Agency Fees	35	699
Deferred income	18,076	14,755
Loan to StepneyArea Office Ministry	841	10,000
Payroll Payable	5,145	1,277
Total Current Liabilities	27,431	33,070
8. NON CURRENT LIABILITIES	2025	2024
Loan to StepneyArea Office Ministry	-	837
Total Current Liabilities	-	837

9. CONTINGENT LIABILITIES

There were no contingent liabilities at the end of 31st December 2025. (2024: None)

10. RELATED PARTY TRANSACTIONS	2025
Donations from PCC Members	44,076

11. RESTRICTED FUNDS	11. RESTRICTED FUNDS
Donor	Purpose	Opening Balance	Income	Expenditure	Transfers Out	Transfers In	Closing Balance
		£	£	£	£	£	£
Various Donors	Building Works	125,233	81,067	(37,995)	-	-	168,305
Porters Trust	Church Plant	18,300	9,596	(27,923)	-	27	0
ISTD	Dance	617	-	(674)	-	57	0
Nationwide	ESOL	1,389	-	(181)	-	-	1,207
Various Donors	Fellowship Fund	3,763	10,335	(2,464)	-	-	11,634
Various Donors	Garden Project	939	-	(1,662)	-	723	(0)
Porters Trust	Kids Pastor	11,833	17,500	(17,000)	-	-	12,333
Various Donors	Youth Ministry	-	1,000	(1,000)	-	-	-
Total Restricted funds		162,074	119,498	(88,899)	-	807	193,480

Building works : This fund is from grants and restricted gifts towards the refurbishment and maintenance of any of the buildings on the church site.

Church Plant : The fund is from grants and individuals giving towards the next church plant coming out of St Saviour’s.

Dance : This fund is from a grant to enable Dance at St Saviour’s to support the community who attends with bursaries and materials, including the after school meals and uniforms.

34

ESOL : This fund is for the English language classes held at St Saviours, for materials, staffing or training.

Fellowship Fund: To meet urgent need for those within the congregation, wider parish or people living nearby that are known to the congregation who are facing hardship or crisis. It also can include blessing people facing other crises, such as bereavement or financial challenges, and also to facilitate a culture of generosity.

Garden Project: this is from grants received to work on the garden on the church grounds, towards materials or to employ personnel to improve or maintain the site.

Kids Pastor : grants to be used in the employment of staff working with kids at St Saviour’s.

Youth Ministry : The fund serves the youth groups (aged 10-18) at St Saviour’s which meet on Sundays and midweek. This includes covering the cost of resources and youth events held both in church and further afield.

12. ANALYSIS OF NET ASSETS BY FUND	Unrestricted Funds	Restricted Funds	TOTAL FUNDS	TOTAL FUNDS
	£	£	£	£
Fixed Assets	81,219	-	81,219	96,427
Other Assets	89,606	193,479	283,085	263,356
Total Assets	170,825	193,479	364,304	359,783
Current Liabilities	(27,431)	-	(27,431)	(33,070)
Long Term Liabilities	-	-	-	(837)
Net Assets	143,396	193,478	336,873	325,877

35

ST SAVIOUR'S FINSBURY PARK