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2025-12-31-accounts

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Annual Report and Financial Statements Year ended 31 December 2025

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Contents of the financial statements for the year ended 31 December 2025

Page
Charity Information 1
Report of the trustees 4
Independent examiner's Report 11
Statement Of Financial Activities 12
Balance Sheet 13
Notes to Financial Statements 14

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Charity Information for the year ended 31 December 2025

Charity: The Parochial Church Council of Kidbrooke Governing Document: Parochial Church Councils (Powers) Measure 1956 Church Representation Rules Registered Office: St James Rectory, 62 Kidbrooke Park Road, London, SE3 0DU Charity Number : 1206665

St James Kidbrooke is situated on Kidbrooke Park Road in Kidbrooke, south-east London. It is part of the Diocese of Southwark within the Church of England. The correspondence address is St James Kidbrooke, 62 Kidbrooke Park Road, London, SE3 0DU. The parish includes the new Kidbrooke Village development by Berkeley Homes, which is one of the largest developments in Europe with approximately 5,000 new homes.

PCC members who served during 2025/26 were:

Trustees (Parochial Church Council [PCC] members):

Priest in Charge: The Revd Benjamin Jones [Priest in Charge & Chair] Churchwardens: Tom Baker (From May 2025) Harlem Wall (From May 2025) Hinga Amara (To May 2025) Lucy Lock (To May 2025) PCC members: Amanda Ayee Anne Ekinu Katy Gray Neil Kennett-Brown John Martin Ellerina Teo (From May 2025) Cheryl Reid (From May 2025) Eleanor Watt Ben Raithby (To May 2025)

Key Management Personnel (non-trustees):

Curates: The Revd Andrew Twesigye (Curate in charge) (From June 2025) The Revd Dominic Toms (co-pastor) (To June 2025) Alice Colwell (co-pastor) (To September 2025) Site co-lead Sahar Twesigye (From June 2025) Treasurer: Georgina Schoeb

Bankers: CAF Bank Plc National Westminster Bank Plc

1

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report For the year ended 31 December 2025

Introduction

The trustees of St James (The Parochial Church Council of Kidbrooke) are pleased to present their report together with the financial statements, for the year ended 31 December 2025.

The reference and administrative details set out on page 1 form part of this report.

The financial statements comply with current statutory requirements, and the accounting policies set out in note 1 to the accounts.

Structure, Governance, and Management

The Parochial Church Council of Kidbrooke was registered with the Charity Commission as a charity on 24 January 2024, prior to that having been an excepted church reporting directly to the Diocese of Southwark.

The trustees are the members of the PCC who are either ex officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. The key management personnel are considered to be the members of the PCC and the Operations Manager.

When recruiting new trustees nominations are requested from church members. When considering appointment of trustees the PCC has regard to the requirements of any specialist skills needed. New trustees are provided with information on their legal obligations under charity law and an explanation of what the role will entail. Their training needs are assessed from time to time by the PCC, and training provided where required. New trustees are introduced to fellow trustees and encouraged to attend appropriate external and diocesan training events where these will facilitate the undertaking of their role.

The trustees normally meet six times a year. Day-to-day management of the church is undertaken by the staff team.

St James is a parish church within the Diocese of Southwark, and within the local Episcopal area of Woolwich. It is also accountable in certain matters to the Archdeacon of Southwark.

The trustees have recognised their responsibility for the management of risk, have identified risk factors, measured their potential impact on the church, and taken the necessary steps to manage these risks.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our Church, and to become part of our parish family. When planning our activities, certain members of the PCC have considered the Charity Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable ordinary people to live out their faith as part of our parish family, through:

2

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

SUMMARY

2025 was a year full of change, but also of growth, for St James. We said goodbye to Dom and Alice Toms, as well as Chris Gaul, all of whom played essential roles in the graft from St Peter’s a few years ago. We are incredibly grateful for all that they have poured into St James, and we pray that they and their families experience the fullness of all that God has for them.

Shortly after, we warmly welcomed Andrew and Sahar Twesigye as our new church leaders in the summer of 2025, along with their children, who quickly settled into life at St James. This is a testament to the loving and welcoming community here.

Over the past 12 months, we have hosted frequent welcome lunches and seen people commit their lives to Jesus through the Life Course, in partnership with St Peter’s. Through the Life Course, as well as Sunday invitations, we saw four people take the step of adult baptism, publicly committing themselves to a deeper walk with God and choosing faith in Jesus.

We also launched the Discipleship Year, again in partnership with St Peter’s, as a pathway for those who want to follow Jesus more deeply. We have heard wonderful testimonies of spiritual formation and transformation from those involved.

We have also invested significantly in our site, including building the Lighthouse Garden, which has been an incredible blessing to over 400 people from the community during the week and to our children’s ministry on Sundays, as well as completing the new toilet block. Both of these investments are essential to the continued growth of St James.

In addition to our regular community events, such as the well-loved Fireworks Party and Christmas Journeys — which welcomed 90 children from Wingfield Primary School, who heard the gospel through interactive drama — we also introduced a Christmas Carnival, which proved popular with the local community.

The Well, our postnatal workout class for mums, has grown in popularity, with classes now regularly oversubscribed as a result of the strong sense of community and wellbeing being built.

We also relaunched The Nest, a loving space for expectant mums and those with newborns. It has been a wonderful ministry where authentic relationships have formed. Our Community Concerts have also continued to grow, with over 30 attendees who have found them both restful and deeply uplifting.

All of these community events have helped us build stronger connections with our local area, and we are seeing more people open to conversations about faith, prayer, and exploring church through our Sunday gatherings.

This growth has resulted in our giving doubling by the end of 2025, which is deeply encouraging. It will help steady our finances as we begin to gradually taper off our SDF grant funding, while continuing to partner with God in bringing heaven to the heart of Kidbrooke and South East London.

Thank you for faithfully playing your part in bringing heaven to this corner of the city. We are incredibly grateful for all that you do, and we are excited to see all that God will do at St James in the coming year.

3

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

MINISTRY AND MISSION

SUNDAY SERVICES

It has been so encouraging to continue to see the spiritual hunger grow especially in our preservice prayer. Our volunteers gather together to pray and we have seen a willingness to take risks in following the spirit especially in exercising spiritual gifts such as prayer for healing, words of knowledge and prophecy, which is spilling over into our services and becoming the cultural norm.

The Parish Communion service has been going strong, with several guest speakers who regularly come to share and serve, and a stronger sense of community and family within the service and across both services.

The 10.15am informal service now takes place at 10.30am, and that has allowed more time for cross service interaction which has enabled the two services to feel even more like one family which has been beautiful to see.

VILLAGES

Villages are our midweek, mid- sized groups where we meet regularly, usually in someone’s home. They exist to create the relational environment where discipleship can take root and grow. They establish belonging, build authentic relationships, and cultivate spiritual depth through shared life and faith. Within Villages, pastoral awareness and care are expressed naturally, and people are gently encouraged to take their next step in the discipleship journey.

We have launched two new Villages this year, and we are hearing encouraging stories of how the church, through loving and serving one another in these communities, is reaching and impacting neighbours.

WELCOME LUNCH

Previously called the Newcomers’ Lunch, these gatherings are a great way to connect with newcomers and those who — — want to learn more about who we are as St James our vision, our values, and how to get connected over great food and conversation. We host them bimonthly and have seen people who were completely new to faith become part of the — St James family, join the Life Course, and commit their lives to Jesus all through attending a Welcome Lunch.

SEEK FIRST AND PRAYER

Once a month we meet to pray, and learn how to pray as a church for the world, the nation, our local community, and all that we’re doing as a church to play our part in bringing heaven to south east London. We continue to see consistent attendance from those who faithfully commit to this rhythm, alongside new people regularly joining us and stepping into our culture of prayer.

KIDS CHURCH

In March 2025 we welcomed our new Kids Ministry lead, Tammy Waggott.

The Kids ministry has moved and adapted through these changes with the help and care of key team members and volunteers.

The core value of Kids ministry has been that the Kids are not just simply the future of Church but they are the church now. With this freedom, the Spirit has broken the boundaries of the kids encountering God. Over this last year we have enjoyed exploring the wonderful word of God through stories, games, creative play and have dived into series such as Fruits of the Spirit and Worship foundations.

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The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

KIDS CHURCH (continued)

Christmas and Easter provided beautiful opportunities for the children to invite their friends for fun events and services. Our 2025 nativity saw the kids displaying their God given talents from live acting to voice overs and stop animation to Minecraft! It was a nativity to remember! Christmas Journey saw us welcoming 90 children from Wingfield Primary hearing the true meaning of Christmas on Christmas Journey.

We began 2025 with a great foundation to build on and we are very grateful to Tammy and those who served and led the children over this year.

YOUTH

At the end of 2025 St James Youth said goodbye to Emma as Youth Worker. We are grateful that Emma remains part of the St James community and her ongoing commitment as a volunteer to the young people of St James and Kidbrooke.

– We have maintained a steady core of around 10 young people at Sunday Youth and between 20 30 at our monthly Friday Youth Nights, with encouraging growth. Our partnership with Greenwich Youth for Christ (GYFC) continues to be an important part of our youth ministry in Kidbrooke. The newly formed youth band has led worship at the Christmas Carol Concert, with 6 committed young people faithfully serving and growing together.

Looking ahead, we are excited to develop existing groups, exploring new opportunities such as youth dance, enhancing our youth space, and attending the Orchard Youth Conference for the first time in the new year.

JAYS

Jays, our weekly after-school youth club run in partnership with Greenwich Youth for Christ (GYFC), has continued steadily this year, providing a consistent and welcoming space for young people in Kidbrooke. The club remains an important point of connection with the wider community, offering opportunities for relationship-building, pastoral support, and informal discipleship. It has been especially encouraging to see some young people from Jays engage with our Friday Youth Nights, strengthening the sense of continuity across our youth ministry and growing their involvement in the life of the church.

THE WELL

The Well, our postnatal fitness class founded by Emma Stormont, was a huge success and well attended in 2025. The sessions are now led by Ruth, with fantastic volunteer support from Cheryl, who runs crèche-style activities.

— The classes remain subsidised and include not just the workout, but tea, coffee, smoothies and cake creating space for people to stay and connect afterwards. It’s been wonderful to see more mums lingering for cake and conversation, building real friendships and community. Our half-termly bring-and-share lunches continue to be a highlight, offering a chance to share good news stories, deepen connections and explore faith along the way.

THE NEST

In 2025 we re-launched our parents group, The Nest, a community- facing space created as a “soft landing” for those navigating the beautiful but often isolating early days of motherhood. Our vision has been to offer a safe, welcoming environment for all, whatever their faith background, where mums can share the raw realities of sleepless nights and changing identity.

5

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

THE NEST (continued)

— Keeping the group small has helped foster genuine, supportive friendships that carry on beyond each session helped along by good coffee and a yummy treat. Looking ahead, our prayer is that The Nest continues to be a place where parents feel seen, supported, and encounter the love of Christ through simple acts of care and connection.

COMMUNITY CONCERTS

In 2025 we reshaped our community concerts, moving from a partnership with the charity Lost Chord to running them independently. This has given our organist, Andrea, the freedom to tailor each concert to our audience and collaborate with outstanding classical musicians she knows well. The result has been a series of relaxed and intimate concerts, combining exceptional music with engaging insights into the composers and pieces, which really enriches the experience.

The concerts remain free, and we provide transport from several care homes and retirement communities. Attendance has grown to around 30 guests, who stay afterwards for refreshments and conversation. One of the most meaningful aspects has been feedback fr om carers of those with dementia, who describe the concerts as a “godsend”— and a rare opportunity to enjoy something together and find a sense of calm through the music.

FRIDAY FOOD PROJECT

Our monthly Friday food project, run in partnership with SEN Focus, has continued to bless our local community, providing fresh produce to around 30 families each month. Originally set up to support families attending SEN play sessions in our church hall, it now also reaches local schools, refugee networks, and Love Kidbrooke groups. We also deliver parcels for families unable to reach the church and at Christmas the project provided hampers to around fifty local families in need.

We are fortunate to receive surplus fresh food from Waitrose, which helps them to reduce food waste. One of the nicest aspects of the project is the sense of collective effort, and community, with many who receive support also volunteering with food distribution.

CHURCH HALL

We are truly blessed with a church hall that allows us to serve and connect with our local community. Each week, around 400 people use the space, including church groups such as Kids Church, The Well, and Jays, alongside local community organisations inclu ding Brownies, Scouts, SEN Focus, and Greenwich Food Bank. There’s a strong sense of community — among the groups for example, YourLife Pilates hosted a candlelit Christmas fundraiser for our Tuesday food bank, and the Woodland Nursery now opens its forest school during school holidays for the SEN group to enjoy safe outdoor play. Our positive relationships with all hall users also help us reach more people, sharing support as well as invitations to events like our Christmas and Easter services.

ELECTORAL ROLL AND CHURCH ATTENDANCE

The 2025 ACPM was undertaken in May 2025 in line with Southwark Diocese guidelines. In May 2025 there were 110 names on the Electoral Roll. Average Sunday attendance in 2025 was 84 adults and 30 children. The Christmas Christingle and carol services were well attended with a combined attendance of 320.

6

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

ECUMENICAL RELATIONSHIPS

The leadership at St James have developed good relationships with other churches in the Charlton deanery, hosting Synod meetings and taking part in cross-church initiatives such as the Christmas Eve outdoor carol service, the Walk of Witness and Christmas Journey, which runs across several local churches and provides Year 2 children with an interactive experience of the Christmas story. We are also part of the TABLE family of churches, which have all been grafted or planted out of Kings Cross Church (KXC) over the past eight years.

CHARITABLE GIVING

In 2025 the church gave to the following charities: Greenwich Homeless Project, Greenwich Food Bank, The Children's Society, JMECA (Jerusalem and the Middle East Church Association) and Growing Hope Brockley. The PCC is completing a review of charitable giving to agree on an overall policy and review which charities we commit to regularly support. We have also set up a fellowship fund to directly help those in the St James church family who are in urgent need.

VOLUNTEERS

— St James is proud of its strong culture of volunteering a legacy shaped by many years without paid staff (aside from clergy and minimal admin support until September 2023). As we grow, we’re committed to maintaining this culture, ensuring church members feel empowered to contribute, have a voice, and share in the church’s vision.

The PCC and church leadership are deeply grateful for the many volunteers who give their time and talents — whether in Kids Church, Worship and Sound, Welcome and Refreshments, Villages, Jays Youth Club, evening youth, The Well, Community Concerts, community events, special services, gardening days, and so much more.

We extend heartfelt thanks to our dedicated PCC members and wardens, whose wisdom and commitment have helped guide St James through this time of transition.

Finally, sincere thanks to our staff team, whose dedication and hard work have already made a profound impact on the life of our church.

BUILDINGS REPORT

In 2025 we made significant investment in our church premises. We believe strengthening our infrastructure - through — additions such as accessible toilets, clearer signage, and improved audio/visual equipment is key to enabling church growth and better serving the community groups who use our site each week. Our aim is to complete major improvements while we still benefit from the Church of England’s SDF grant, so we are on a strong footing when it ends in 2028.

Side Garden

In the spring we finished the new side garden, adding safety matting, decking, and a pergola for covered seating. Opening - in May, it’s already become a much loved space, from Jay’s Youth Club gatherings to al fresco welcome lunches.

Heating

Over the summer we spent £5,000 replacing a faulty boiler pump that had caused flooding and poor heating. It’s been wonderful to have a warm church this winter, though ageing pipework will need further attention.

Toilet Block

In September, we installed our long-awaited toilet block. This has been a transformative addition, making the church truly — accessible to everyone including those with mobility needs, families with children, and anyone who would prefer a little more privacy! Costing around £35,000 (with work generously completed at cost by our church family) it gives us valuable time to consult, plan, and fundraise for future renovations, including a permanent internal toilet and kitchen.

7

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

Welcome Area

In the autumn we created a new welcome area and upgraded the sofas. This has helped create a warmer, more inviting space for newcomers, with clearer signage to help people plug in to the church family.

Christmas Preparations

Ahead of Christmas, we repainted the porch and purchased additional seating to accommodate overflow. We also made — significant improvements to our audio/visual systems relocating the visuals next to the sound desk (enabling one person to manage both), enabling sound through the screens, and purchasing new musical equipment. It was a particular joy to see the youth band lead for the first time this Christmas in a full church, using the new setup.

Future plans

Our future plans are to ensure that the church building and fellowship are in a position to continue delivering the activities, outlined in the Report of the Chairman, to the members and surrounding community.

Trustee responsibilities

The trustees (the PCC) are responsible for preparing the Trustees’ Report and the financial statements in accordance with charity law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and the Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the year end and of its income and expenditure during that year. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

8

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

Achievements and performance - Review of Activities (continued)

Financial Review

The financial statements can be found at the end of this report. Key financial highlights are shown below:

Reserves Policy

It is the PCC policy to maintain a sufficient balance in our bank current account to pay for recurring and other normal expenditure to cover any unexpected financial pressures. When there is a need, more funds are transferred from the CCLA Deposit Fund to cover larger one-off costs.

Our next big goal is to grow regular giving and other income streams (such as hall rentals) so we can sustainably cover staff salaries when our Church of England grant comes to an end in 2028.

We are on track, with additional monthly income of £4,000 by December 2025 already, and plan to reach £8,000 by 2028.

Investment Policy

The investment policy of St James is to majority of funds in high interest accounts.

9

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Trustees’ Annual Report (continued) For the year ended 31 December 2025

Fundraising Policy

St James engaged in fundraising, in the form of receiving free-will offerings/donations, some of which were gift-aided, from members of our fellowship. However, we did not contract the service of any professional fundraisers as defined by section 58 of the Charities Act 1992. Other than publicly inviting an offering at every service, we do not engage in persistent fundraising or intrusive fundraising practices with any of our donors, including vulnerable people, and we never have private or coercive discussions with individuals about their giving. Our fundraising practices are ethical and in accordance with Biblical principles. No complaints were received about our fundraising practices.

St James applies for grant funding to support the work of the church. During the year we received and applied for grants from various organisations and the Trustees wish to thank the trusts and companies who have provided vital fundraising.

Public benefit

The trustees have given due consideration to Charity Commission published Guidance on the operation of the Public Benefit requirement. Public benefit is achieved by both social outreach and services and other events being open to all.

The financial statements have been prepared on the basis that the charity is a going concern. The trustees consider that there are no material uncertainties about the Church’s ability to continue as a going concern due to resources held and forecast income and expenditure.

The Trustees are not aware of any post balance sheet events requiring disclosure.

----- Start of picture text -----
…………………………………………………….
Rev Benjamin Jones
SIGN
…………………………………………………….
Andrew Twesigye (Non-trustee Curate in charge)
----- End of picture text -----

----- Start of picture text -----
…………………………………………………….
Tom Baker
…………………………………………………….
Georgina Schoeb (Non-trustee Treasurer)
----- End of picture text -----

Date: 10 May 2026

10

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Independent examiner's report to the PCC of Kidbrooke ( St James’ Church )

I report to the PCC on my examination of the accounts of the PCC of Kidbrooke (St James’ Church) for the year ended 31 December 2025.

Responsibilities and basis of report

The PCC 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 PCC’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 Act.

Independent examiner’s statement

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 PCC as required by section 130 of the Act; or

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

  3. 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.

Signed:

Date: 10 May 2026

Name: Adrian Greenway, Aplus Accountancy Limited Relevant professional qualification or membership of professional bodies: MAAT, AAT MIP Address: 13 Tidford Road, Welling, Kent, DA16 3JR

11

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Statement of Financial Activities for the Year ended 31[st] December 2025

Note
Income from: 2
Voluntary income
Church activities
Rental income
Investment income
Total income
Expenditure on: 3
Church activities
Total expenditure
Net (expenditure)/income before
gains/(losses) and transfers
Transfers 8
Gross transfers between funds
Net movement in funds
Total funds brought forward10
Total funds carried forward		 General
fund
Designated
funds
Restricted
funds
Total
2025
Total
2024
151,327
48,000
31,736
231,063
107,441
56
-
6,236
6,292
6,873
43,195
-
-
43,195
49,830
3,519
-
-
3,519
3,065
198,097
48,000
37,972
284,069
167,209
206,770
14,073
13,750
234,593
156,383
206,770
14,073
13,750
234,593
156,383
(8,673)
33,927
24,222
49,476
10,826
31,521
(33,197)
1,676
-
-
22,848
730
25,898
49,476
10,826
31,048
68,179
18,790
118,017
107,191
53,896
68,909
44,688
167,493
118,017

The annexed notes form part of these financial statements.

All income derives from continuing activities.

12

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Balance sheet as at 31[st] December 2025

Note
Fixed assets
Tangible assets
5
Current assets
Debtors
6
Cash at bank and in hand
Liabilities
Liabilities: Amounts falling due in one
year
7
Net current assets
Net assets
Represented by
General fund
Designated funds
Restricted funds
Funds of the charity
8		 General
fund
Designated
funds
Restricted
funds
Total
2025
Total
2024
-
47,673
8,000
55,673
4,534
18,457
-
1,970
20,427
23,245
36,289
21,236
36,191
93,716
91,088
54,746
21,236
38,161
114,143
114,333
850
-
1,473
2,323
850
850
-
1,473
2,323
850
53,896
21,236
36,688
111,820
113,483
53,896
68,909
44,688
167,493
118,017
53,896
-
-
53,896
31,048
-
68,909
-
68,909
68,179
-
-
44,688
44,688
18,790
53,896
68,909
44,688
167,493
118,017

Approved by the PCC on 10 May 2026 and signed on its behalf.

……………………………………………………. Rev Benjamin Jones

……………………………………………………. Tom Baker

SIGN

……………………………………………………. Andrew Twesigye (Non-trustee Curate in charge)

13

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

1 ACCOUNTING POLICIES

The charity is registered with the Charity Commission in England and Wales.

The principal accounting policies adopted in the preparation of the financial statements are as follows:

Basis of preparation

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006, the Charities’ Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102).

The financial statements have been prepared under the historical cost convention, except for the valuation of listed investments and investment property, which are shown at a market value.

The charity prepares its financial statements in pounds sterling, rounding to the nearest £1.

The charity constitutes a public benefit entity as defined by FRS 102.

Going Concern

The trustees consider that there are no material uncertainties about the ability of St James to continue as a going concern. There are no material uncertainties affecting the current year’s accounts.

Funds

General funds represent the funds of the Parochial Church Council (PCC) that are not subject to any restriction regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

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

Income

Income is included when the church has entitlement to the income, it is probable the income will be received, and the amount can be reliably measured.

Donations and legacies

Collections are recognised when received by or on behalf of the PCC. Income tax recoverable on gift aid donations is recognised when the donation is received. Grants and legacies to the PCC are accounted for when the PCC is notified of legal entitlement and the amount due. Fund raising events are accounted for gross.

Other trading activities

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

Income from investments

Interest is accounted for when receivable. Tax recovered on such income is recognised in the same accounting year.

Church activities

Fees and other income are recognised when the church has entitlement to the income.

Gains and losses on investments

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

14

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

1 ACCOUNTING POLICIES (continued)

Expenditure

All expenditure is accrued as soon as a liability is considered probable.

Donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Support costs include the general running of the church and are recognised when goods or services have been received.

Activities directly relating to the work of the church

The Parish Support Pledge is accounted for when payable. Any such contribution unpaid at 31 December is provided for in these accounts and is shown as a creditor in the Balance Sheet.

Fixed assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts by 10 (2) (a) of the Charities Act 2011. Other buildings on the site comprise the church and vestry, defined within the accounting regulations as "excluded consecrated and beneficed property." No valuation is shown for these as none exists and, although the church is responsible for their upkeep, they are owned by the Diocese.

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property.

All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

Other fixtures, fittings and office equipment.

Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Furniture, fixtures and equipment - 20% on cost Freehold buildings - straight line over 30 years

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. Prepayments are valued at the amount prepaid.

Short-term, highly liquid deposits include cash held on deposit at the bank.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Commitments under operating leases

Rentals under operating leases are charged to the Statement of Financial Activities as they fall due.

15

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

1 ACCOUNTING POLICIES (continued)

Irrecoverable Value Added Tax

The PCC is not registered for Value Added Tax (VAT) and accordingly expenditure is shown gross of irrecoverable VAT. The VAT incurred from time to time on certain fabric repair and maintenance expenditure can, however, be recovered under the Listed Places of Worship Grant Scheme.

Taxation

The charity is exempt from tax on its charitable activities.

2 Income

Donations
Church activities
Rental income
Investment income
Total		 General
fund
Designated
funds
Restricted
funds
Total
2025
Total
2024
£
£
£
£
£
151,327
48,000
31,736
231,063
107,441
56
-
6,236
6,292
6,873
43,195
-
-
43,195
49,830
3,519
-
-
3,519
3,065
198,097
48,000
37,972
284,069
167,209

The comparative SOFA figures for Total income for 2024 were: Unrestricted - £125,889, Designated - £21,855, and Restricted - £19,465.

3 Expenditure

Worship
Family
Mission
Operations
Staff
Parish Support Pledge
Human resources
Governance
Exceptional Items
Total		 General
fund
Designated
funds
Restricted
funds
Total
2025
Total
2024
£
£
£
£
£
2,349
-
-
2,349
3,145
8,544
-
4,908
13,452
6,442
4,840
-
6,542
11,382
8,433
70,660
3,984
2,300
76,944
44,197
58,003
-
-
58,003
18,473
50,400
-
-
50,400
48,697
8,427
-
-
8,427
5,601
3,547
-
-
3,547
2,030
-
10,089
-
10,089
19,365
206,770
14,073
13,750
234,593
156,383

The comparative SOFA figures for Total expenditure for 2024 were: Unrestricted - £144,974, Designated - £1,134, and Restricted - £10,275.

Exceptional items represent discretionary expenditure on the church site funded from our Designated Building Fund, for example landscaping the side garden and furnishings for the new church welcome area

Fees paid to the Independent Examiner included in Governance above are £850 (2024: £850). (The fee for the Independent Examination was £200 (2024: £200).)

16

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

4 STAFF COSTS

The stipends for the priest and curates were paid directly by the Church Commissioners.

A strategic development grant from the Church of England covered the staff costs for the operations manager, children & families worker, youth worker and worship leader. The costs are paid directly by the Diocese of Southwark and paid for by the Church of England, such that those costs and income are not included in these accounts, This grant runs for a period of 4 years from September 2023.

The church directly paid for additional help for various requirements including the organist, administration, caretaker services and communication services.

5 FIXED ASSETS

TANGIBLE ASSETS

6

7

Cost
At 1 January 2025
Additions
Disposals
At 31 December 2025
Depreciation
At 1 January 2025
Charge
Released on disposal
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024
DEBTORS AND PREPAYMENTS
Debtors
Prepayments
Income tax recoverable (gift aid)
Other debtors
CREDITORS AND ACCRUALS
Accruals
Other creditors		 Freehold
buildings
Fixtures and
equipment
£
£
-
5,668
38,086
19,037
-
-		 Freehold
buildings
Fixtures and
equipment
£
£
-
5,668
38,086
19,037
-
-		 Freehold
buildings
Fixtures and
equipment
£
£
-
5,668
38,086
19,037
-
-		 Total
£
5,668
57,123
-		 Total
£
5,668
57,123
-
38,086 24,705 62,791
-
1,270
-		 1,134
4,714
-		 1,134
5,984
-
1,270 5,848 7,118
36,816 18,857 55,673
- 4,534 4,534
2025
£
4,490
1,709
10,279
3,949
20,427
2025
£
1,850
473
2,323		 2024
£
4,032
1,558
17,655
-
23,245
2024
£
850
-
850

17

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

8 FUNDS

Fund and type
General fund (GF)
Designated funds
Building Fund (Designated)
Fixed Assets Fund
Total designated funds
Restricted funds
Building fund (Restricted)
Community Concerts
Fellowship Fund
Fresh Expressions (Diocese of
Greenwich Homeless Project
Growing Hope Brockley
Lottery grant (hall)
Love Kidbrooke (KV Mission Fund)
Special appeals
The Well
Total restricted funds
TOTAL FUNDS
Fund transfers
General fund - transfer to cover costs
incurred the Building Fund
Community concerts - moved from general
fund to support fund
Fellowship Fund - moved from general fund to
support fund
Growing Hope - moved from general fund to
support fund
Special appeals - moved from general fund to
support fund
Fixed assets fund–transfer asset net book
value 31 Dec 24 to Building Fund (designated)		 Funds summary for the year ended 31 December 2025
Balances
brought
forward
Income
Expenses
Transfers
Balances
carried
forward
£
£
£
£
£
31,048
198,097
206,770
31,521
53,896
63,645
48,000
14,073
(28,663)
68,909
4,534
-
-
(4,534)
-
68,179
48,000
14,073
(33,197)
68,909
6,600
10,700
2,300
-
15,000
-
739
1,135
396
-
-
-
1,000
1,000
-
1,090
-
-
-
1,090
-
3,140
3,134
-
6
-
953
1,034
81
-
-
19,960
-
-
19,960
8,075
-
-
-
8,075
156
1,040
1,239
199
156
2,869
1,440
3,908
-
401
18,790
37,972
13,750
1,676
44,688
118,017
284,069
234,593
-
167,493
GF
BFd
CC
FF
GH
SA
FxAF
£
£
£
£
£
£
33,197
(33,197)
(396)
396
(1,000)
1,000
(81)
81
(199)
199
4,534
(4,534)
31,521
(28,663)
396
1,000
81
199
(4,534)

18

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

8 FUNDS (continued)

Net assets: fixed assets are part of the Building Fund (Designated and Restricted) with the balance of the Building Funds represented by cash, restricted funds are held in cash at bank, and the General Fund is represented by the balance of cash and all other assets and liabilities.

Designated funds

Building Fund (BFd) is monies allocated by the PCC for the improvement and maintenance of the church buildings.

Fixed Asset Fund (FxAF) includes fixed assets acquired by the PCC and the balance represents the Net Book Value of those assets which will depreciated in future years.

Restricted funds

Building Fund (BFr) is monies received by the church for the improvement and maintenance of the church buildings.

Community Concerts (CC) is our free monthly classical concert aimed primarily at older members of our local community

The Fellowship Fund (FF) is a designated pool of money set aside to support members of the congregation in times of financial need.

Fresh Expressions (FE) is a grant from the Diocese of Southwark to support the growth of new, contextually relevant Christian communities.

Greenwich Homeless Project (GHP) is a charity supporting individuals experiencing homelessness or at risk of becoming homeless. It was established in 2014 by a coalition of local churches, including St James Kidbrooke.

Growing Hope Brockley (GHB) is a Christian charity that provides free therapy services for children and young people aged 0 – 18 with additional needs.

Lottery grant (hall) a grant from the National Lottery's Community Fund to fund improvements to the churchhall, including a partition wall to split the hall into two useable spaces.

Love Kidbrooke (LK) (previously KV Mission Fund) encompasses a range of programmes designed to support our local community, from baby groups to youth clubs and concerts for our elderly neighbours.

Special appeals (SA) represents one-off appeals at church services for specific charities.

The Well (TW) is a church-run weekly postnatal fitness class, with a supervised stay-and-play area.

Live streaming fund (LSF) is a grant from the Diocese of Southwark for funding streaming equipment in churches.

The War Memorial fund (WMF) was set up to restore the war memorial in the church. This work has now been done.

Keith Sitch memorial fund (KSMF) was given for general church expenditure in memory of Keith Sitch. This included purchasing the church bibles in 2020.

19

The Parochial Church Council of Kidbrooke

Charity Number 1206665

Notes to the Financial Statements for the year ended 31[st] December 2025

8 FUNDS

Comparative year
Fund and type
General fund (GF)
Designated funds
Building Fund (Des.)
Fixed Assets Fund
Total designated funds
Restricted funds
Building Fund (Rest.)
Fresh Expressions
Greenwich Homeless Project
Growing Hope
Live streaming fund
Special appeals
The Well
Fellowship Fund
Love Kidbrooke (KV Mission Fund)
War memorial fund
Keith Sitch memorial fund
Total restricted funds
TOTAL FUNDS		 Funds summary for the year ended 31 December 2024
Balances
brought
forward
Income
Expenses
Transfers
Balances
carried
forward
£
£
£
£
£
84,499
125,889
144,974
(34,366)
31,048
11,790
21,855
-
30,000
63,645
-
-
1,134
5,668
4,534
11,790
21,855
1,134
35,668
68,179
-
6,600
-
-
6,600
-
5,000
3,910
-
1,090
-
2,120
2,145
25
-
-
748
748
-
-
1,000
-
1,000
-
-
-
997
841
-
156
-
4,000
1,131
-
2,869
-
-
500
500
-
8,075
-
-
-
8,075
1,550
-
-
(1,550)
-
277
-
-
(277)
-
10,902
19,465
10,275
(1,302)
18,790
107,191
167,209
155,533
-
118,867		 Funds summary for the year ended 31 December 2024
Balances
brought
forward
Income
Expenses
Transfers
Balances
carried
forward
£
£
£
£
£
84,499
125,889
144,974
(34,366)
31,048
11,790
21,855
-
30,000
63,645
-
-
1,134
5,668
4,534
11,790
21,855
1,134
35,668
68,179
-
6,600
-
-
6,600
-
5,000
3,910
-
1,090
-
2,120
2,145
25
-
-
748
748
-
-
1,000
-
1,000
-
-
-
997
841
-
156
-
4,000
1,131
-
2,869
-
-
500
500
-
8,075
-
-
-
8,075
1,550
-
-
(1,550)
-
277
-
-
(277)
-
10,902
19,465
10,275
(1,302)
18,790
107,191
167,209
155,533
-
118,867
11,790
21,855
-
30,000
63,645
-
-
1,134
5,668
4,534
11,790
21,855
1,134
35,668
68,179
-
6,600
-
-
6,600
-
5,000
3,910
-
1,090
-
2,120
2,145
25
-
-
748
748
-
-
1,000
-
1,000
-
-
-
997
841
-
156
-
4,000
1,131
-
2,869
-
-
500
500
-
8,075
-
-
-
8,075
1,550
-
-
(1,550)
-
277
-
-
(277)
-
10,902
19,465
10,275
(1,302)
18,790
107,191
167,209
155,533
-
118,867

The After school, heating and sound system grants were from the Diocese of Southwark were for the purposes described.

9 RELATED PARTIES

The expenses paid to clergy and other Trustees may include a small immaterial proportion which relates to their function as PCC members.

2025
£
Sahar Twesigye (Wife of Curate)–site co-lead payment
12,642
Andrew & Sahar Twesigye (Curate in charge & wife)–resettlement grant
2,876
Andrew & Sahar Twesigye (Curate in charge & wife)–festival evaluation attendance
752
Alice Toms (Wife of Curate)–administration support
-		 2024
£
-
-
-
1,875

The church is part of the Church of England and payment is made to the Diocese of Southwark in the form of a contribution to the Parish Support Fund.

There is no other organisation or individual who is considered to be a related party of the Church.

20