Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury, London IA Parochlal Chur¢h Councu) Financial Statements and PCC Members. Report for the year ended 31 December 2025 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury, London IA P8roch5al Church Councll} Index to the Financial Statements for the ear ended 310ecember 2025 Index io th• Flnandal Slatornanls PCC Informatlon PCC Mombor5' Rqport 5tst8mont of PCC M•mb•rs' RosponsNIIIo5 Ind•p•nd•ni Examln•fs R•p¢)rt stat•m•nt of Flnancl•l A¢tl¥ltl•s Stat•m•nt of Fln•n¢lal Poslllon 10 Stal•mpnt of Cash Flows 11 A¢counttty Pollcl•s 12-13 Notss to th• Aeeounts 14.10 P••2 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Fin5bury. London IA PaI￿hla] Chur¢h Counclll PCC Information for tho ear èndèd 31 D•¢ember 2025 status: Pwocfval Churth Cwil IPCCI is a cryporaie tr￿dy eslablished by Ihe Church of Enwd. li is constrtuted •w19)vemed by the Churth Coun¢i15 (Powe￿) M8a5ur8 1956 las amended) and the Church RepresentaUDn Ru￿S￿2011). Under charitable13w the rnefflber5 of the PCC are Ihe tru5l8e5 of th8 8XC8Pted charity. In these finanoal staiements, on th¢ cwl¢xL the ofth8 PCC are sometirnes relerred lo as trustee& Charlty nam•: Parochd ofthe ECc4e$i￿ Pwish ol St Clement V+ilh St Bamabas and Sl mat11￿, Fmiwry, L(¥thi R8glst•r•d officè: Sl ￿eft￿ls 9 Square don EC1V 8DA Op•rallons addr•ss: lfjng Squarn L0ndC￿ EC1V 8DA PCC M•mb•r* who h•ld *)fflc• durlng th• Jwr: Rwd DavMI Ethwd Alen Ma Rewd Dr Sophie Castell Maureen Janel Green Sherry Anne Lacken Calherne FrarKe5 We Rerfd Or Erth K¢LknI ValBrie La Ann Jan& Burgèss Elainè Suthèrtand -￿￿)inted 29 June 2025 -Apwled 18 May 2025 Chalr: Tr•asuror. Secretay. Revd Dav*J Alen Rwd Dr Erte K Val•ri• Lafig Indap•nd¢nl Exarnkner. AnthonyAnDstrong F¢A Armstrong & Co Charter8dAccount8nls & StslutoryAw 4a pth￿n9 trh)use Ywd Hackney Road B•nk•rs: HSBC pk 33 HotKxn Lcddon EC1N 2FR Th• CBF Chur¢h of £ThO￿d Funds On• Angql Lan• Lond¢rt EC4R Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London IA Parochlal ChU￿h cou￿1 PCC Members. Report for the year ended 31 December 2025 Tho Tntst8•$, boing the PaDchrdl Clvmch Cwncd ofthe Ecd85ia5¥c31 Parish of St CIBment*ith Sl Bamaba5 and St Mallhew. Fin¥￿ London. présant th*r reF•￿ t￿ethér with the Staieffl￿ lor the y8ar ended 31 Decerrthr 2025. n¢• and •dmlnlstra Inform St ¢kmenl's Church 15 5ituat8d in K¥wJ Sqw?. Fwh51wry, in th? Lon(kn BrywJh of1sl¥uloTh tt oflhe DioceBe of London vmlhin Ihe Churth of Enl*. ￿ MspOnde￿e al*1￿$¥ is St Clement's VKarag8, Squwj. Lontkn EC1V 8D The Pawochlal Churth Ctyjncil IPCCI15 now a Reglslered Charty. The pa￿{* c￿￿ch ol the ECC1B5￿SlKal Parf5h ofst Clernentwth St Bamaba5 and St ClemenL Finsbury. London ICC ￿ 1207970 PCC members ￿Ned betr*e￿ the 1s1 Jarw 2025 and th• dat• of1h• aprTha ofthis r•m arn." R8Wd David IlncuThthnl) Rewd Casteu {A551St￿l Cura¢el lfr(¥n 2025} Churchw8rden$ El•￿ Suthertond K*eku Wllam de &aft Johnson (Dewwy SyThid repl Dr Eft*• K•Jl•n Ann Burge55 Shery Latkèn va￿110 Lang IDeanery s￿ Rep) Calherne We Maureen Grnen (from May2025) El•cl•d m•mb•rs ne The appoinlrnenl of thg PCC 15 Set out in Ihe Chwth RepreSenIal•￿ RLle* Al w￿91¥F¢r5 We •ncouraged to rn9151•r on th• Elecloral Ron and sland lOrelec￿an lo Ihe PCC. Ob Il¥• Tho PCC sharns wlh the Incumbent chuKhwath lh• rnspMsIbl￿ for th• mtsslon oflh• Church withln th• parish. It also has r•Spons￿lIty for ihe maint•narte c*• of th• dwrth ￿thd￿l￿$, th¥ Chwth Hal ar¥J rTbJ¥•t* thurrh property. Church Attendance On 1st March 2026, there were 91 nwnber3 on the Chwth wec10￿ Rol. ￿ wKrea5e of 7 the tWiOUs year. kn 2025, Ihe average Sunday altendance vrds 38 a<5ults and 7 chihjren. a sh.gtht i)creaso on 2024. In a(kh"tion. a IN8-str8arn8d S8Mce of SP￿tual Comrnunion conlwiued to be broa(ka5t live al 9.30am Ihrough ￿ parish's Facebc4Jk and Instagraffl pages. L¢ve attendances of the broadcasts were knwer than during Ihe earty stsges ol Ihe Covid Nevertheless. Ihe weeWy number continueLI to be arouNJ 4LKfjO thrOu￿Ul the year. The broadcast VAS aFyeck4ted by those unaile to atlend in per50n. Attendance at Easier Day and Chrislrna5 Day Masse5 al 80 aThl 89 respectively Showed a bouThc&back towwd5 pre-pan￿mIC rigures, Chrislrna5 Mhlnight Mass rsolalAy. The fwluTe oflhe heatry system kn hknvember 2023 oxtinued to depress atte￿1￿￿e through Ihe v4in1er monlhs. The Chrlsbnas Caml Serwke allracled 70 aTh1 child￿n. A paiish Chrtsuwjle Swka agai attracled several familles on the Fourth SuThlay ol MvenL A r¥Jmber ol IDca schoDls ar￿ nur5erie5 tr￿ught a lotal of over300 children and thèir to St aemenl's for Christmas services and events in Oecenkner. Special Serv￿ such as the All Souls. ReqU￿M Mass and the St Franclsl(de Pet Blesstr41 SeThfjce Fwlit kn peth from i*JTrxl the usual worshlpplng commnily. Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury. London IA Parochlal Church CO￿¢11) PCC Members. Report for the year endod 31 December 2025 The PCC mel 6 limes dwirrfj 2025 *ith 68% att￿danCe. Congrggaloon levels increased sliwy ovèr the year t•Jt variod vlidety Sunday by Sunday. DuriThJ thè y•ar, th¥re W￿￿ 5 boptisms ?nd 5 funerals in Churc￿ Father David conducted S o1herpa1￿h fwwa15 dsekn. On Sl Clernent's Day in No¥ember. Bishop M￿a81 Do8 came lo givg Confwmation. Fiv8 ¢￿didat•S Con[Th￿d and t*t* adrTklted to H(ty commun￿)n. A weekday prograrnme ol study. felo*8hw, vKJrshy ¢ont#ll￿ lo be maythned des￿￿ ts lack ol heating kn the budding. A very small grwp olvolunteBf5 helped Staff Chwth" on Wednesday5 loaTr1￿, *thlch contwiued to allDW a 5leady lricklè tsf P80ple to visit building lor prayer, pastoral 5UPPOrt and appKeciabDn of the building. A N155iDn Action Planning group was fonned from th8 PCC to assfjst th& clergy Vlith pknxThg ofevents. fefbwth¥i and throu*iul Ihe year. Led by th• Incumbent and ehurchwardens, m8mbèrs ofthe corwgalKffj ha￿ conlYm￿d to bè wwolvad in tho eaw. deaning, •nd preparation ofth8 church lor worship, aThJ forg&*sting in ¥Krf5hip aThd 7A*kome. At lh• and ol June. th• parish wos d•lighlad to SoplM• CasMI b89an a 1hr•￿ar￿at8m•nl as Tmrlng Curaiè. Sh• b• c¥daMwd 2026. Rev'd Sr Helen Lr#Jer SSM and Sr. Pam RadkKd SSM rebred fr￿n Iheir M￿lS￿leS at St ￿e￿￿t'S after thirte￿ yeats semng the patsh on hdvenl SuThJay. The seNce %Yas a fond lare•4el. thanks lorvrt)ai they hat1 gi¥en and consciou5 ofthe pari5h'5 loss. Th• parish was also ¥Èry graièbjl io Fr Petèr B8Ththard for prtiyiding cov•r and 10 R￿d Dr Emk+ Keulen for pr8achlThJ through the year. Sl Ciern8nt's Dwecior of Music. Stefv ¢￿T￿e. corhimu8d in Ih8 role of Pai5h Admin15trator, 5harln9 in th? burden admln15tra¢kng and suppxfve tasks. kn both wrks ￿ cwtlrwes to enhaKe the parfsh's mln15try. st Clement's Contin￿$ lo have a good *Thklng relalK¥islw *ilh knsp¥e Cknh. a Fresh Exwes$K￿ I0￿sed on the Old Streel area Iwhich 15 n¢)w based al Sl James., c*￿e￿Well Greenl alDrvJ Ihe noighLwxwing pwK5h85 of Sl Gik85'. Cripplegate and Our M05t Holy Redeem8r, Exm0￿h MarkeL Akn*kttended acti￿ forchlbkni wa5 hehl on Ihe 31st OELober in ccllatrx￿aIi0n with Sl James. Church. Islin9ton. Thls c01abwau¢￿ thll be crm1rM￿d kn 20￿. Th8 U58 of th8 buiidirya for rah8ar5als and Cc￿rtS conlww8d wKr8a5ed o¥wthe sunThr rTrJnlhs. gmng hupe lh* once new heating sysiem is in51alled the buiklin9 vill be able lo attract a h&Jherle¥el of use and a bro•Jer rry of user5 overthe year. St a8m•nt's Church prnMd•d paslortl car• linduthg ￿$￿ng ofth• sick th8 boma¥￿I and disbutsèd gvants to ind￿￿UalS ?nd famili?5 a5 WPII a5 ￿nIN?5 operalry in the VK aThd overseas. A dotlMThJ dislriilrth￿ pwt for awum seekus 51awng in local holel was hosled Sn SL Cl•menl's unts"I that hothl was dosed in NO￿nbel 2025. Sl Clement's Chwth Hal on Central Streel conlNRS to be let to UK. a C￿m￿clI ch￿ren'$ r￿Sery company. Th• 2&y•ar l•as• providès lh• parish with long-ltmi financial viability. St Cl¢m•nt's, Yayking with London D¥)cosan Fw*J, s￿S a long- 18rm 5traiegy for Ihe ￿e¥910￿ne￿I Of1￿ 5ht¢ for ￿ bengfit ot Ihe P￿lsh ￿ local nwthbwthood. Church Fabrf¢ Re rt Repair of high-kvèl hopp•rs arml olhw rahKYattr gcths was cthiyl•t•d in I￿￿1•d by a grart OfE83(￿ Irom th• Rlchard Cloudesley Charity. Urgent repairs to the southèast cryner ol Ihe ￿ld( bxrKlay ¥AI etynwed ￿ thty. Th? £17.074 cjjsts wEre 5hwed e(w be￿een the parish and K*lo UK Lld. Devetopment of a re&lacemenl heath"wwJ System for Ihe dwwth. wthiated by a Suslaw￿itY PrDied S￿nS￿ed by the Richard Cloud8518y Charity lor1s1inglon parish churc1￿. contin￿d. Fhmver, hcp5 Ihal Ihe syslem b8 in place bythe end ol the year were Irustraled. The proje¢l Faculty antt Plannlng Repcrfl 15 a4¥*d earfy in 2026. A new Q￿nqUen￿lal Report 1$ slil awaited. P•S Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury. London IA Parochl* Church Counclll PCC Members. Report for the yeai ended 31 December 2025 The financial position ol Sl remwned stable In Ihe Yw 202S som defKIL The Income fr(¥n Ihe rent crfth8 Churth Hall ha5 pro￿ded a solwj finan(aal base. Rog￿ar congregalional giw Ma the Parish GWINJ scheme ￿makned stable as did thè income Irom the co118cbons during Ihe 5eTrice5. A5 ab￿ lo wpnt out the io orthe51ras frequ8nUy over th8 sumrner months, ¢he income from Church rent has rlsen sl9nTrficanUy to£7860. St Clem8nl's continues lo prepare for the Snslalladon of a ntrw heating system. Tho E20,(M)O in the desKJnated Fabrfc has been reseNed kjrthis. Further. CLN)gregational actKJns, coIYecUons and donation5 have rai58d £4712 for Ihi5 WDjecl in 2025. ￿*51151 St Clement has cofflrnitted lo raising a total of E10,(1)O in Ihe c(Wbgiegation and the comfflwmty for ￿ The costs of th8 preparalional stsge were m81 by a gmt 01£9445 from th& Richard Cloude￿￿ Charily. In the ac￿￿TrI5. the and the expeThYdwes for Ihi5 project a￿ •c¢ounted for In a separale ￿51￿cted fund lor the New H•alng Syst•m. In 2025. umxpectsd urgert r•pa¥s lo Cl4Jrth's cosbng E17.074 IAv• put ry•ssurn on tho finanees. Wé ara graièfvl ¢hat our i•nant KIDO ha¥• paid h*fof IL Lwjt Ih•rn no gmls bvaiLablè 10 covèr olhèr half. The refvthishmenl ol the of9￿ wa5 compleied ttms £11.IJOO was paid for the Trgan Fund. We are 9raleft that the costs ol urgent repair5 10 some rainvM¢er 04w the stymrrer c0s￿r￿ £8.944 mel by a grant of £8.300 from the Rithard aDude51ey ChJity. Due to a 98￿r￿S donation ul E5004, SI Ck8n￿￿t was ab￿ ID cDntinu8 to appDint a parish administsa￿r for 6.5 hour a *pek. The Srwlliam Joseph Jord•i Charity offered a gTrnt 01 £500 lor the support offarnili?s and Indlvlduals In the a￿a. Thls vras used lo Ihe granls that S¢ Clemenfs dlsbwsed lo Indiwduals and fam1￿S through the Mcarfs Di5cr8tionary F￿[1. This gv85 ol up to £2S PBY appkall￿ ftYsTocene5, IrdvEI card5, ullity key cards and other nece55it18s paod lor by the on behal ol Ihe applicanL A tIe for saleguardirg the assets ofthe PCC and her￿e for taking ￿850￿1￿ slep5 forth¢ prevention awj delectw of Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London IA Parochlal Church Coun¢lll Independent Examinerfs Report to the PCC of Parochial Church Councll of the Eccleslastlcal Parlsh of St Clement wlth St Barnaba5 and St Matthew. Finsbu , London I r8pNt on the accounts ofPamehial Chwch of thè Eed•siasltsl Parish ofst Cblmènl vrith St Bamaba$ arNI St Malthtw, Fin$bury, L￿dOn for Iha period frryn 1 January 2025 to 31 D8cwthr2025 591 wt on paye$ 9 10 18. My report is In respect ol an examination caryi811 wl in ￿cOrdanCe %*ith the c*￿r¢h Accounl•ig ReguL2tion$ 2006 fthe Regulation¢l and the Chariues Act 20111 Ihe Charitses ACV I. Thi5 report is rnade sc4ety lo Ihe m?rr*efS of Ihe PCC as a body in accrydm secion 145 01 Charil*$ Act and r8gulatlons made undw s•cbon 1S4 oflhal Pd. NtyexarrinatK￿ has bew W￿0￿8K•n so thal I mhjhl sial• to th8 PCC mmbars thos• mattets l am requirod to stale lo tham in an ir*jepW￿tftI •x*Thn8¢s r•pJt aAd lor no OlhèrpUrp￿. To thè fulL*si èxtènt pernitted by law. I do accept u assume resp¢￿IbIlity to any￿ olh8rlhan ttK8 PCC ￿ ils rnembers 35 a tody. lor my examination. lor this ￿pr￿1. or l¢x the wnion61 have lonned. R•spoctlve responslbllltles of mombers ol th• trusts•5 and th& examlner A$ descrfbed on pag8 7. as PCC memb¥s yw are Ihe preparatknn ol Ihe acc￿, you o)nsfjder Ihat an audlt Is not requlred fof this year under Ihe Rewlalions or ￿￿jer seclion 14W21 ol Ihe Ch*iknes Acl aftd Ihat an I[￿epEndent ex*nlnalloTh is neaded. It is my responsibility to". 81 Éxarnim lh• accounts undèr 145of th• Clwit*s A¢ bl to fdknw the procethjres laid do*n In Generyd OiredTh tyven by thè Ch* CcffirTh5SiDn urldor 58cIiDn 145(SXbl ufthe Chariti85 ACL. and c) to stale *thelher parb¢ulw malters have lo myattenim. Basls of Indapendent exarnlnefs report My examinalion was carried oul in acwdaru the g•nwal gi¥en by th• Chwlty C(rnlssH)n. •xan4nallon Indudes a revlew of the accounlw)g racoftls kept by lh8 charity a corry+aris￿ ol lh• accounts pres•nt•d Ihosa r*cords. It also includes Certsid*al*￿ af￿Y unusual itèms or thsclosums and SO￿1n9 explanation5 from the truslees oncemln9 any Such Matters. The pmcedures urylerfoken do not s¥ovide all the evK¢en¢e that WOLld b¢ requlred In an audlL and consequently no opinlon is gfftn as lo ¥thelhwthe a¢￿￿fits Ixesert a arKI la¥viv* th• r•wt is Imit•d to Ihos• mattws sot tsut lrt tha Stslèmtnt tdrv•J. lThd•pend￿I •xamlnerfs slat•ment In Connection wth my examination. no material Matte￿ have CLYT* to nry atle￿ 7*thkh me (ause to beh"8ve that In. any rnaterial re5ped- the accounlkn9 recuds not kepl In accordance vth serjkyi 130 ofthe lJv11*s ACL ( the account$ did not accord *ith the accounting recL¥ds", or the accounts dld not comply the 4ylcable requirements the lomi and contenl ofaccoL*)ts set out in Ihe Charities (Account5 and Reportsl Regulalh?Tr5 2(#)8 other than ￿ requwemenl that Ihe accounls gNe a'true and falr, ¥lew whith is r¥Jl a matter C￿ldered a5 P¥tol ￿ ￿￿epethI e¥am&￿ll0n. I have come acn)5$ rK¥ other matter5 in colnecti￿ w?th Ihe eXanNTh￿w)n lo 5hwld be dr￿ in this rew¢ In ¢xder to enaNe a proper underntaTrJng ol the attounts lo be reacl*d. AnlhonyAmistrong FCA of Armstrong & Co h8rte ounlanl 4a Prlntlng Hous• Yard Had(ney Road LoDdon E2 7PR Dat￿. 10 m?￿h 2026 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnaba5 and St Matthew, Finsbury, London IA Parochlal Chur¢h Councul statement of Flnanclal Actlvltles for the 03r ended 31 December 2025 2025 2024 Unr*￿11¢￿ R•strl¢t4d Tatsl P￿d5 Tolal Fthd5 Incorne frgm: Donation5 and lega¢i•s Othèr tradlng a¢b¥th•s Investrnents Olh•r Incom• 22.771 81JS9 30,030 52.801 156.406 74,956 1,852 8.193 1.791 8.537 1.791 10.209 Total Incomo 106.402 41,980 148.390 241.407 Expgndllurn on: Charilabte acti￿￿85 89.724 64,668 154.392 246,099 Totsl ex￿ndIt￿l9 89,724 154,392 246.099 N•t kneorn•l•xp•ndbiur•) and mov•nMnl In funds 16.678 122.6801 16.0021 14.6921 Tran$l•rs b•iw••n funds 17 110.2671 10267 Net rnovemont In fvnd5 6.411 112.413} 10.0021 14,5921 ReconclllatSDn ol funds: Tot￿ fund5 brought loww8rt1 12 61724 16.853 79.S77 84.269 Tol•l fvnds forw¥rd 12 69.135 4,440 73,575 79.577 The accompanykng aCco￿￿￿j polcKs and ThJles twm an pwt ollhe5e fin¥n¢ial st•ittmen Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London IA Poro¢hlo1 Chur¢h ¢ow)¢lll Statement of Flnanclal Posltion as at 31 December 2025 31 DB¢gmb￿2O25 31 Dvcember 2024 Curr•nt 865•ts: Debtor5 Cash al bank aThJ In hand Total ¢urnnt ass•ts 4.289 75.273 79.562 2.8TJ 81.673 84.552 10 Cr•dtoYs: amuunts lalHny T•Athln one y•ar 11 4.975 Nel current assets or IlabllU•s 73,574 79.577 Total net assets 73.574 79.577 The fvnds ollh• ¢harW. Restricled funds Unrestrfctttd lunds 15 12 4.439 69,135 16.853 62.724 Total charlty funds 12 73.574 79,577 Approved by thè PCC on 10 Marrh 2026 and 51grnd on thelr bthall by. Rev'd Alhn. PCC Chlr Vai•rl• ians Secretary Th• nol*$ on pag•$ 12 to 11 fomj pwtof th•s• accounts. Paw 10 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury. London IA Parochlal Church CounGIII Statement of Cash Flows for the year ended 31 December 2025 2025 2024 Cash flows from Opern￿n9 actlvltles: Net cash prowded by lused in) Opera￿￿9 ac11￿1￿5 18.191 4.837 Cash Ilows from Inv•s¢lng •dlvMI•s: Oiwdend5. Interest aNI rents frorn inveslmanls 1.791 1,852 N•t cash provlded by Iu50d Inl Inv•s¢lwJ aEtlvllles 1.791 Changè In ￿$h and ¢ash gqulvalpnts In thv rqporttny perfod 16,4001 12.9851 Cash and ¢4sh •qulval•nts at th• b•glnnlng of th• r•portlny p•rlod Cash and cash equlvalenls at th• end of the r•portkng pgrfod 81.673 75,273 B4,65B B1,673 Notes to Cash Ftow Stat•m 2025 2024 1 Reconclllatlon of n•1 Incomelfexpenthturel to Tret cash Ilow from op•ratlng •¢t1vI￿*S Net incornelleypendrtu￿) lor Ihe repoitipAJ pemd {as per statwnenlol fmrthl Et￿￿e5) 16.0021 14.6921 AdlusbThnls tor. Dlwdends. Interest rents from Inve51 {Incrgaseyde¢rease in debtors Increaselldecreasel in credilcrfs 11.7911 11.4101 1,013 11,8521 15451 2.252 N•1 cuh provld•d by(us•d Inl op•rath¥J •¢llvlU 8.191 4.83 2025 2024 2 Analysls of cash and ca$h equlvalents Cash in hand 75.273 81,673 Tatal cash and cash equlv*nts 7S273 81,673 P•g•11 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury, London IA Parochlal Ghur¢h C*yJn¢MI Accounting Policies for the ear ènded 31 December 2025 1 Accountlng p￿1￿• 8)g1$ of pTepar4tk*n Th8 financlal slalements have been prepared In accordance *ith.. al Appllcablo UK accounting standards. IndU￿g Finanoal Rep￿￿ Slan￿￿ 102 s•clTron 1A Sm&l•r Enltt•s Th• FN)anCI￿ Rwrting Standard applicable ￿ Ihe UK ar¥J of keland {FRS 1021,. 102).. bl Accounting and Reporting by Charities". Slaternent of Recornmen￿ Practice appkable to thwides preparfn9 thdr accounts In acc(Ydance wth the Nnawal Reporflng applcatle in Ihe UK Republc of I￿land IFRS 1021 18ffective l January 2015}- ICknl*s SORP FRS 102k cl Yhe CharfUe5 Act 2011. dl Thè ￿UrCh Acc0Jn￿fi9 R￿￿atie￿$ 2CK)6. Publlc bengfftt vntlty Tho tharity m81ts Ihe daftn1t•￿ ola pubhebar￿fil l#lity LwKl•r FRS 101 GOINJ con￿rn Thera are no Ma￿da1 unc8rtalnU8s al￿￿1 th• chaiitYs amity to eoNiM• ar￿ actorfdffjly lh• aeeoiiits hava b￿n pr&par8d ¢)n • going ¢on¢gm basks. I￿oM* r•cognltlon Volunlary incorne arKI dcfftaliDn5 [inclLwJwwJ legarnsl are acC￿[thd lor a￿e Ihe PCC has enlillemBnt to the incom8. Il Is probable th? inc¥)rn¢ wll b? received and the amount of inco￿* recwvable can bp reh'alAy rnea5Lwed. Income from Ih? recovery oftax tjn gift ￿ljed dDnaiK1￿ is accounted fwonce Ihe apF4Katth tD HMRC ha5 been made. GMI irKomB racL¥ni5Bd un a WBceNatl8 tX5i5. The Income from trading acb¥rties irKludes f￿1 Ihe ￿ttry ol churth pr•mis•s and fre•hohJ laThJ and building5 vthich 15 accounled forkn received. It 15 sho￿ ￿. 7Ailh Ihe a550ciated cosls included in fundrni5ing costs. Inleresl OTh lunds hekl ￿ deposit 1$ irKluded kn ￿CeiV* arnl be relialAy by Ihe charity.. INS is normalty upon notifica￿On oflhe irrterest pthd or parth by bw Exp•ndStur• rncognhton Expendlture Is accrued as %>on as a llablllty 15 consldered probth, the anTh)unt of ot41gatlon can be measured r•liably. Longerterm lialmlities dist￿nIed to ptesent wdue. The PCC is not regtstered lor VAT arnj accorrjinyly exp8ndiiure Includes VAT wher8 approwiai&. Expondilur8 indudad in Rai*ng Funds indudesarnunts in obtawmry a￿1 olhBrdonations and prope malnlenance costs. Chorftsble eyndilure IrKludes those costs expended kn f• Ihe PCC'S prwKlp4 o*cl% as oulllned In the Rewt ol th• PCC. These Indude grnnts payab￿. govemaru costs aThl an ap[thio￿l of swort costs. Grants payable are payrnnts mth to third parbes in furthe￿ of thè PCC'S obpcts. In the case af an Lmconth"tional grant olfer this is a￿e the recipienl ha5 been notified ol Ihe granl award. The n￿ariCall0￿ gi¥es Ihe ￿cipl￿nI a reasonable expe¢tsliM that they v•1 re￿1Ve the ￿anL fyants aWa￿S thal are sut¥ect lo the re¢ipi&)I lulfilling performance con1￿110￿$ •e only accrued when the ￿Elp￿ tos been Tr)lified olthe wt and any rèmaininy unfulfilled condition attaching io lh* grant 15 outside of tha cor#woi of ￿ PCC. Govemance costs al cosls InTrnIV￿ the pubk of the PCC aThJ Its conwllance vAth regLdalh)Th and good wactic•. Th•s• eosts A￿Ude Costs rnlaled to lh• •xaminatiort and IW fo•s. Renta15 undwopernting 18as8s are charg8d a5 inDThd over the t8nn ol the lease. Restrlcled Funds Resiricted lunds are lo be used for speC￿led purposes as laid do￿ by Ihe funder. Dke¢i w¥1 8upp¢wi expeThlture whkh meets Ih•se uit•da ar• *J*ilifi•d to th• fund toget1￿r￿7&￿ a far ￿ ol costs. Unre$trlct•d Funds Unreslric18d funds aro recewed no restsKlb)ns ￿aC*d ￿ Ilw yge and n ovaiLqbkn 35 general fund5. Doslgnated Funds Deslgnated funds are unrestrtcled lunds earmathed bythe trustees lry parfkular PL¥tws. Pa9• 12 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury, London IA Parochlal Church Counclll Accounting Policies far Iha ar •nded 31 Doc•mb•r 2025 Tanglblo Flxod Ass•t5 Con58cTrt6dPruperlyandMoveaL4e Cl￿1￿￿ Fumistymws Con¥¢cr8ièd l* and prn￿[ty as ts tlyJTch bL*Trlng •TrJ is èx£kthd frtyn Ihg #¢eotsnlS In £ordance %%ilh $10 of the ¢harii*s Ad 2011. k4oveable chwch a￿10n1$ arg hekl by the ¥ic¥r ￿ churchwwdens on spodal Irusi IN the PCC and reqwre a tsculty lor disposal wo aecounlod as inalienabl8 properly udass consecrdlèd expenditu￿ incurred on consecrated or benefKg buthJw¥Js and ¢hur¢h fumishrys, whelher rnainlenan¢g or inymmenl. 15 expensed wlhwi ts sta1￿￿ ol Acbbilie P•Je 13 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsburyi London IA Parochlal Church Counclll Notes to the Accounts for Ihe ar endèd 31 Do¢•mber 202S 1 In¢omlng r•sour¢ Th8 kncomlng resOu￿6S and swplus are altsit￿l&￿e lo lh8 dlhe dwrty. 2 N•1 oulgolng r•sDur¢•s Net oulgoing rFsoufc85 aTr slated all8rcharyry. Independent Examlners fees- lThlependenl Exan*)akn s•rN*es Indèpendènt Exarnintrs ftts- Olh8rs8Thie•$ 2025 2024 648 64B PCC Mombors. •molumon Ern1￿￿•n￿ includè salari•s, f•#s, b0￿S*s. •¥)èns• and •Slimat•d 1Km￿ash ben8frt5 receiva￿0. AJI PCC mernbers Se￿ in a vdvnwy Caparity and do not recei￿ p8yiiient Iw Il*irswb• 2025 2024 Total 3 Incom• frorn danatlons and l•gades Planned w¥iwwJ- Pwish Shor* Collection5 al 5eNc85 l other glwng & ¥olurtary recdpts Girt Aid r8cover Granls 8.096 8.069 1,091 5.495 13.11)0 8,089 5,803 5,495 20.314 12,246 7,807 7,348 4,150 124,655 156.406 4.712 20.314 2025 Tolal 4 Income from other tradlng aclMII•s Total Hall re Chuwch Tent Fees rela￿ed by PCC 73.333 73.333 7,860 2,396 83.589 69.333 3.460 2,163 74. 2025 2024 Totsl s Ineonw Irom Inw•stm•nts UN•strlel•d R•strletèd Inv•stmenl Incom•.'Int•r•sl rK•lvable 1.791 1.79 1.791 1,852 2025 Total 2024 Total 6 Oth•ff 1ft￿MI Unrn5trfEt•d R•strld•d Other kncome 1.672 1.672 8.537 8.537 10.2D9 10209 8.193 8,193 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London (A Parochl¥l ChurEh Counclll Notes to the Accounts lortho ear ended 31 December 2025 2025 Tolal 2024 Total 7 Expgndltur• on charltsbl• ￿￿¥1￿•$ Unr•strl¢t•d R•strk¢•d Mission giving & thnations DIoc8san parish shar• contribulion As5NJn#d f•as Salaries. woge5 & honoraia Cltrrgy & staff ex1￿nseS Chulch running experms Church utifity bils Other expendilure Major repair5 to churth buld 530 62.OCKI 1.63D 9.883 3.657 15.718 4.639 590 60,000 1.089 9.606 2.503 23,843 4,487 228 145,753 46.099 62.C#)] 1.630 4.783 900 2.D20 5,1C 2.757 14.698 4.639 55,335 55,335 8 Slaff costs 2025 2024 Slaff salari•s 4,783 4,78 3,587 No remunernlh7n wa5 Pa￿ to any Trusiee or Iheirassocith lor 5eThice5 as 3 In￿e thirwwJ Ihe year ended 3108cern￿r 2025 )Tto 31 December 2024. g Debtors: amounts f41Nng the wlthln on• ￿•r 2025 2024 4,289 2.879 10 Bank and cash sn hand 2025 2024 CCLA organ account CCLA (a￿lC acccunt HSBC current account 6.297 25.415 43.561 16,186 24,315 41,172 1,67 11 Cr•rltors: aMo￿ts falkn9 du• wlthkn otw ￿•r 2025 2024 Accrued expoThlilure 4.975 Oth•r Clo6lr ba14nc• 12 The fund¥ ofth? tharlty. ¢urrert porlod Resliicled incorne fund5 nreslricled funds Deslgnaled luThJs General furvjs Tota1unrests￿•d funds 16.853 41.987 164.6881 10.267 4,439 10.000 52.724 ](￿.402 724 106.4 10.000 {20.2671 110,2671 20.QIXI 49,135 69.13 89.7241 89.7241 79.577 148.389 ￿rI .39 73,574 Pa9• 15 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London IA Parochlal Chur¢h CounGIII Notes to Ihe Accounts for the ear endèd 31 Decgmber 2025 Claslfflq lJalan¢ 13 The fvnds of thg ¢hwlty: prlor p•rlod Re5tricied inc￿8 funds ln led funds Deslgnaled lund5 General funds rot8lunTrstsicled fimds 24J9S 142.807 1151273) 1,924 16.853 10,000 49.874 98.600 10.0(KI 52.724 62.724 1.924 11,9241 93.B26 84.￿9 Thrr7 1246.lJ991 79.577 Op•nlnq R•sourc•& utlll¥•d 7ran5f•r5 & Usllnqhts 14 Doslgn•t•d f￿dI balance Fthc tund io,cM)o 10.C 20.000 Fabrfc fL￿d Ckn 22 2025 ts PCC apwoved a 1ranslero1£10,(￿j to a Fabwic established lor Ihe Installation ol a n•w h•atiAg sust•m. Op•nlty IncomkN Il•souru6 Tratshrs & balanc• r•#our￿ •xp•ndwl 4dlu¥lm•nts ¢19slTrA 15 Restrlctsd funds.. current porfod Klarriage and Fune￿ lees Fabric Fund Prolect Lltle Sl Luke's Slr Wilham Joseph Jordan Charity New H￿tIll9 Sy51ern5 Project Organ Fund Parish AdrniThi5trntor 1.6 20,0( 1.630 29.873 9.867 81 400 14.157 ss &004.C 16.152 11.330 4,783 11.9951 16.606 166 387 Il•wurtts & •Ap•nd•d •d￿•￿I• 16 R•strkt•d fvnds: w%Jr perfod Marrmgè aThl Funeral f•es Fabrfc Fund ProhBct UiUB St L￿[8.5 Sir Williwn Jos?ph Jordan Charity 1Th5urance claim Organ Fund Parfsh Adn￿r4StsatOf 1.089 85.580 I.OB9 97.217 919 625 6.436 42.400 3.587 152.27 9.837 1.799 81 1,744 11.814 4.692 47.1 3.753 142.807 16,806 166 P>Je 16 Parochial Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew. Finsbury. London IA Paroch1￿ Church C¢¥unclll Notes to the Accounts for the ar ended 31 Deceffl￿r 2025 Reslrfct•d funds Iconllnuvdl Prdects financed by r•strkted f￿)d$ are SUpp￿led by un￿$t￿¢ted IWrfJ￿j wthwe necessary. Thls occur5 Ythere the lundlng Is In 4rrew5 or the incid8neè ol 8wdituM tsn tho prcitict otcws disFYroortirmaidy at the beginn¥wJ ofthe compared to the Income Ilows. Where restricted wo1￿15 end the year a def•il Ihi5 15 rnet by after year-Bnd Trslricled incorne or transl￿5 from unrnstricled fU￿ls. Narn• ol R05tr1¢l¢d Fund Mathag• and Fun•rnl 1••$ Fabrfc Fund The assigned iee5 that li￿ Par￿ pay5 tD the LI￿d0Th D￿ce$B Fund. In 2005 to recwe 9rwts and donal1ry￿ lty•Mrds Ihe 2008 project lor major r•paws to Sl clwjeh ml. The knd conthues to receive grants ar+d donalions userl for fflaior proj8Ct5 to FabrK swch as the recant Toww and 4M'rB PrDiBc¢ for regular I mainlen￿ce.' aThJ for e￿ry¢y repaws ILY the roof. walls and a5socialed church fabri¢ li.e. .ProJect Llitle St Luk•'5 Granl Irom Fellowshy Hal io supw¢ the monthly family hokl 31 51 Lukt'$ Pr¢m I Sch(KJl ￿ ￿labO￿li￿ Si Gilas. Clpplegate Clwxch. Slrwllllam Joseph Jordan Charlty Insurance clalm Now Heatlng Systems Pml•¢t Heabng Systern Proiect.. 58t up in 2025 to Ai88 fund5 and d¢￿a￿On9 for Ihe Insiamalw ol a n￿1*19 System Fund sel w) in 201110 rai58 fvnts lor th8 urg8nt repay maintenance of St Cleffl8nf5 hisioit Falher WINS" knle5 are lor repalr propcL associaled costs and fviure main18nance of the t)onalion IGY appoinlnig a Pwish for 6.5 hours perwpek. Organ Fund Parlsh Admlnlstratar D•sl9nat•d ft￿trI￿d Endowrn•nt fvnds lunds lunds 10.267 17 Tran5fer5 belween fund• Genera to restricted General to designated Total 110.2671 10.OINJ 1202671 10.(W)O 10267 The fund transfer represents oVer$￿Trd$ on rosin¢￿ fvrtds Ihai ha%• b8•fv ccNered by gen•ral I￿￿$. Genornl R•strfet•d Endowmènt fvnds funds fundg funds 18 Net •s$e¢S •ttr4butabl• to f￿d$. ¢yrr•nt p•rk>d Total Current assets Current liabililie5 Nel assets r8WE5errted by f￿￿S 55.123 5.9881 49.13S 4.439 79.562 5,988 73.S74 20.0 4.439 19 Net asgets attrfbulable lo fvnds: pr￿r pgrkxl f￿ndS funds Tolal CUr￿n1 assels Currentlobililles Net assets Teprgsented by furKIs 57.693 14.9751 52.724 16.853 84,552 14.9751 79,577 16.853 Py17 Parochlal Church Council of the Ecclesiastical Parish of St Clement with St Barnabas and St Matthew, Finsbury. London IA PaTochlal Church coun￿) Notes to the Accounts for the ended 31 O•c•mb•r 2025 20 T￿tIon Thè PCC Is an excethed tharity. Acc(¥th￿. t¢ Ls exeryw¢ IMI laxalon in fespect ol knccKne and c*1 gains to thè •Xtsnt Ih#i these are applied lo ts charitable Dbiects. 21 Post balanc• sh••t w•nts There slgthcant post bata￿0 sltht •¥ents. 22 Contkngont Ilabllltl• Th? PCC had no material ¢ontingentli*)*￿¢s al 31 Deceth2025 norat 31 December 2024. 23 Rolatod partlBs Duriro the yezr the rn9￿ of Ihe PCC and relaigd wbes mad? agiegate donalons of£11.05412024.' E14.5WJi. 24 Glfts In klnd and volunt•• Dwkng the year Ihe PCC benefrted fm ￿pakI by Page 16