Registered number 1019898
The Assembled Church of Christ Trust
## Report and Financial Statements
31 December 2025
## **The Assembled Church of Christ Trust Report and accounts Contents**
||**Page**|
|---|---|
|Charity Information|1|
|Trustees' Report|2|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Statement of Financial Position|9|
|Statement of Changes in Charitable Funds|10|
|Statement of Cash Flows|11|
|Notes to the Financial Statements|12|
|Detailed Statement of Financial Activities|18|
|Detailed Income and Expenditure Account|19|
## **The Assembled Church of Christ Trust Charity Information**
## **Trustees**
Pearl Meletia Bolton (former presiding minister, deceased 5 February 2025) Eulanda Elsaida Nelson (Presiding minister) Helen Fletcher Allen Marcia Yvonne Ferron
## **Secretary**
Therese Prince
## **Independent examiners**
Jacksons Chartered Accountants First Floor, Albion House Albion Street Hull HU1 3TE
## **Bankers**
Barclays Bank UK plc 1 Churchill Place London E14 5HP
## **Registered office**
Bethel Hall, Dunbar Street West Norwood, Lambeth London SE27 9JY
## **Registered number**
1019898
## **Governing document**
Declaration of Trust dated 9 March 1993
1
**The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees' Report for the year ended 31 December 2025**
The trustees present their report and financial statements for The Assembled Church of Christ Trust for the year ended 31 December 2025.
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Principal activities**
The Charity's principal activity during the year continued to be a church that provides regular worship services, open to all.
## **Objectives and activities**
The principal objectives and activities of the Charity are:
- the worship of God;
- the instruction and edification of Christians;
- the care and Christian instruction of young people and children;
- the evangelising to non-Christians;
- the relief of sickness and poverty; and
- the advancement of the Christian faith generally.
## Public benefit
We have referred to the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives we have set.
We exist to serve all people in our community without discrimination. We strive to promote social welfare through the provision of facilities aimed at improving the social, physical and spiritual wellbeing of those in our local community.
The Charity provides a safe working environment for visitors, members, workers and volunteers and any serious incidences are reported in accordance with our safeguarding policy. There were no serious incidents during the year ended 31 December 2025.
## Fundraising
The Charity raises funds from the public in the form of voluntary donations ('tithes' and 'offerings') from attendees of its Christian church services.
The Charity does not use the services of a professional fundraiser or commercial participator in the process of raising funds. Also, the Charity (or any person acting on its behalf) is not subject to any voluntary scheme for regulating fundraising, or voluntary standard for fundraising in respect of activities on behalf of the Charity.
2
**The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees' Report for the year ended 31 December 2025**
In the course of its fundraising activities, the Charity has taken care to not:
- (1) unreasonably intrude on anyone's privacy;
- (2) unreasonably and persistently approach anyone [for the purpose of soliciting, or procuring money or other property]; and/or
- (3) place undue pressure on anyone to give money [or other property].
The Charity (or any person acting on its behalf) has not received any complaints in regard to its fundraising activities.
## Activities during the year
In addition to continuing with its core activities – providing regular public Christian church services, which are always open to all – the following activities were carried out during the year:
- evangelism (missions, projects etc.) to non-Christians;
- social care and Christian education for children and young people;
- Prison Ministry
- Pastor Nelson and other volunteers regularly holding Christian church services and counselling sessions for young offenders at various penal institutions such as the Feltham Young Offenders Institute;
- care for the elderly; and
- other community services
- baptisms, funerals, bereavement counselling, marriage blessings, and dedications for babies and young children.
## **Financial review**
## Principal sources of funding
The largest contribution to the Charity is donations in the form of tithes and offerings given by the [church] congregation, as well as gift donations and the associated tax claims.
## Financial review
The Charity achieved a surplus of £42,301 for the financial year.
At 31 December 2025, the Charity held total funds of £539,849 – that is, £24,146 cash at the bank and in hand; £15,428 in debtors, prepayments and accrued income; £567,035 in the value of fixed assets; less creditors of £66,760. This, in all, is considered to be an appropriate level of funds to enable the Charity to pursue its objectives – that is, once administrative expenses (£10,162) have been deducted from this year's income from charitable activities (£56,059), there is still enough cash in hand and cash at bank left (£48,495) to cover the Charity's expenditure on charitable activities this year, £6,408.
## Reserves policy
A sufficient cash reserve is held in order to provide the working capital needed to cover seasonal fluctuations in the Charity’s income and expenditure and to fulfil its day-to-day obligations. When deciding on the level of these reserves (that is, those funds not tied up in fixed assets), the Trustees take into consideration the forecasted levels of income and expenditure, the reliability of each source of income, and the prospect of new sources of income.
It is the trustees’ view that it is prudent to maintain the forecasted level of reserves to allow for financial flexibility and stability in light of the Charity’s dependence on voluntary donations.
3
**The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees' Report for the year ended 31 December 2025**
## Investment policy
The trustees have adopted a strong, socially responsible investment policy for the reserves of the Charity. This policy, in tandem with the need to fulfil our statutory obligations, has the objective of investing in such a way that the principles of socially responsible investment are promoted. A further factor is the need to have ready access to our reserves (as long-term funding cannot be guaranteed) so, for the current period, we have placed surplus funds in bank current and deposit accounts.
## Risk management
The trustees actively review, on a regular basis, the major risks that the Charity faces in maintaining reserves at the levels detailed above; in addition to an annual review of the controls over key financial systems carried out through an internal audit process - to ensure appropriate controls are in place as assurance against fraud and error.
Internal control risks are minimised by authorisation procedures for all financial transactions; and policies and procedures are in place to ensure compliance with health and safety regulations by, and for, volunteers and visitors.
## **Structure, governance and management**
## Governing document
The Assembled Church of Christ is a charitable organisation established in 1992 and registered as a charity on 15 April 1993. The Charity is governed by a Declaration of Trust.
## Organisational structure
The management of the Charity is the responsibility of the Trustees who are elected or co-opted under the terms of the Trust Deed.
## _Volunteers_
Our charity volunteers play a vital role in meeting our charity objectives and help to develop and support our growing programme of religious and community activities. Our volunteers’ responsibilities include completing tasks assigned by the Trustees, upholding the Charity’s values, and maintaining a high degree of professionalism when dealing with others.
Where possible, our volunteers help to serve the local community during worship services and through other pastoral work - working with the homeless, counselling, and in food programmes, youth services and education, including working with local agencies in the fight against knife and gun crimes. Many of our volunteers act as administrators and support workers from a range of other professional backgrounds such as finance, law, music, health and general office administration. They provide an invaluable service to the church activities during the year.
There were 12 volunteers throughout the year, excluding trustees, who aided in the running of the Charity.
## Recruitment and appointment of trustees
There must be at least three trustees. Apart from the first trustees, new trustees must be appointed by resolution of a special meeting of the trustees duly called under the provision of the trust deed.
4
**The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees' Report for the year ended 31 December 2025**
Existing trustees seek to ensure that the needs of the Charity are appropriately reflected through the diversity of the trust body. To enhance the potential pool of trustees, the Charity has, through selective advertising and networking with voluntary organisations active in the sector, sought to identify those who would be willing to become members of the Charity and use their own experience to assist the Charity.
There were no new or additional trustees recruited in the year to 31 December 2025.
## Trustee induction and training
The trustees are already familiar with the practical work of the Charity as they are also active members of the Charity as well as involved in other charities, churches and/or organisations.
New trustees are encouraged to familiarise themselves with charity law, their responsibilities as trustees and with Charity's rules and practices. They are invited and encouraged to attend a series of short training sessions to familiarise themselves with the Charity and the context within which it operates. These cover:
- the obligations of the board of trustees;
- the operational framework for the Charity;
- safeguarding;
- the current financial position and revenue generation; and
- future plans and objectives.
## **Trustees**
The following persons served as trustees during the year:
Pearl Meletia Bolton (former presiding minister, deceased 5 February 2025) Eulanda Elsaida Nelson (Presiding minister) Helen Fletcher Allen Marcia Yvonne Ferron
## Secretary
Therese Prince
## **Trustees' responsibilities**
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and enable them to ascertain to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. 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.
The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity’s website as well as:
a) to prepare financial statements which show a true and fair view;
- b) in preparing financial statements:
- (i) to select suitable accounting policies and apply them on a consistent basis; and
- (ii) to make judgements and estimates that are prudent and reasonable; as well as
- c) to keep proper accounting records; and
5
**The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees' Report for the year ended 31 December 2025**
- d) to safeguard the assets of the Charity and take reasonable steps for the prevention of fraud and other irregularities.
## **Disclosure of information to independent examiners**
Each person who was a trustee at the time this report was approved confirms that:
- so far as he is aware, there is no relevant audit information of which the Charity's independent examiner is unaware; and
- he has taken all the steps that he ought to have taken as a trustee in order to make himself aware of any relevant audit information and to establish that the Charity's independent examiner is aware of that information.
This report was approved by the board on 23 March 2026 and signed on their behalf.
Eulanda Elsaida Nelson (Presiding minister) Trustee
6
## The Assembled Church of Christ Trust Registered charity number: 1019898 Trustees’ Report for the year ended 31 December 2025
- d) to safeguard the assets of the Charity and take reasonable steps for the prevention of fraud and other irregularities.
## Disclosure of information to independent examiners
- Each person who wasa trustee at the time this report was approved confirms that: * so far as he is aware, there is no relevant audit information of which the Charity's independent examiner is unaware; and
- he has taken all the steps that he ought to have taken asa trustee in order to make himself aware of any relevant audit information and to establish that the Charity's independent examiner is aware of that information.
This report was approved by the board on 23 March 2026 and signed on their behalf.
Eulanda Elsaida Nelson (Presiding minister) Trustee
6
**The Assembled Church of Christ Trust Independent Examiner's Report to the members of The Assembled Church of Christ Trust**
I report to the trustees on my examination of the accounts of the above charity ('the Charity') for the year ended 31 December 2025 which are set out in pages 8 to 19.
## **Responsibilities and basis of report**
As the Charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’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.
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **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 which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did 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.
Mark Jackson (Senior Statutory Auditor)
for and on behalf of
Jacksons Chartered Accountants First Floor, Albion House Albion Street Hull HU1 3TE
23 March 2026
7
## **The Assembled Church of Christ Trust Statement of Financial Activities for the year ended 31 December 2025**
|**Notes**
**Income from charitable activities**
2
Expenditure on charitable activities
**Net operating income**
Administrative expenses
Other operating income
3
**Operating surplus**
4
Loss on sale of fixed assets
Interest receivable
**Movement in funds: Net income**
**Reconciliation of funds**
Net movement in funds
Total funds brought forward
Total funds carried forward|**2025**
**£**
56,059
(6,408)
49,651
(10,162)
-
39,489
-
2,812
42,301
42,301
497,548
539,849|**2024**
**£**
33,264
(2,487)
30,777
(9,626)
9,000
30,151
(124)
7,021
37,048
37,048
460,500
497,548|
|---|---|---|
8
## **The Assembled Church of Christ Trust Registered charity number: 1019898 Statement of Financial Position as at 31 December 2025**
|**Notes**
**Fixed assets**
Tangible assets
6
**Current assets**
Debtors
7
Cash on deposit
Cash at bank
**Creditors: amounts falling due**
**within one year**
8
**Net current (liabilities)/assets**
**Total assets less current**
**liabilities**
**Net assets**
**Charity funds**
Unrestricted funds
9
**Total charity funds**|**2025**
**£**
567,035
15,428
21,548
2,598
39,574
(66,760)
(27,186)
539,849
539,849
539,849
539,849|**2024**
**£**
187
3,963
491,452
2,726
498,141
(780)
497,361
497,548
497,548
497,548
497,548|
|---|---|---|
Eulanda Elsaida Nelson (Presiding minister) Trustee
Approved by the board on 23 March 2026 and signed on their behalf.
9
Na Assembled Church of Christ Trust egistered charity number: 1019898 Statement of Financial Position as at 31 December 2025
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Notes|2025|2024|
|£|£|
|Fixed|assets|
|Tangible|assets|6|567,035|187|
|Current|assets|
|Debtors|7|15,428|3,963|
|Cash|on|deposit|21,548|491 452|
|Cash|at|bank|2,598|2,726|
|39,574|498,141|
|Creditors:|amounts|falling|due|
|within|one year|8|(66,760)|(780)|
|Net current (liabilities)/assets|(27,186)|497,361|
|1B.|
|Total|assets|less|current|
|liabilities|539,849|497,548|
|Net assets|539,849|;|497,548|
|Charity funds|
|Unrestricted|funds|9|539,849|497,548|
|Total charity funds|__539,849_|__|497,548|
**----- End of picture text -----**
Eulanda Elsaida Nelson (Presiding minister) Trustee
Approved by the board on 23 March 2026 and signed on their behalf.
9
## **The Assembled Church of Christ Trust Statement of Changes in Charitable Funds for the year ended 31 December 2025**
_This schedule does not form part of the statutory accounts_
|**At 1 January 2024**
Surplus for the financial year
**At 31 December 2024**
**At 1 January 2025**
Surplus for the financial year
**At 31 December 2025**|**Income and**
**Expenditure**
**account**
**£**
460,500
37,048
497,548
497,548
42,301
539,849|**Total**
**£**
460,500
37,048
497,548
497,548
42,301
539,849|
|---|---|---|
10
## **The Assembled Church of Christ Trust Statement of Cash Flows for the year ended 31 December 2025**
_This schedule does not form part of the statutory accounts_
|**Notes**
**Operating activities**
Surplus for the financial year
Adjustments for:
Loss on sale of fixed assets
Interest receivable
Depreciation
(Increase)/decrease in debtors
Increase in creditors
Interest received
Cash generated by operating activities
**Investing activities**
Payments to acquire tangible fixed assets
Cash used in investing activities
**Net cash (used)/generated**
Cash generated by operating activities
Cash used in investing activities
Net cash (used)/generated
Cash and cash equivalents at 1 January
Cash and cash equivalents at 31 December
Cash and cash equivalents comprise:
Cash at bank|**2025**
**£**
42,301
-
(2,812)
231
(11,465)
65,980
94,235
2,812
97,047
(567,079)
(567,079)
97,047
(567,079)
(470,032)
494,178
24,146
24,146|**2024**
**£**
37,048
124
(7,021)
68
876
-
31,095
7,021
38,116
-
-
38,116
-
38,116
456,062
494,178
494,178|
|---|---|---|
11
**The Assembled Church of Christ Trust Notes to the Financial Statements for the year ended 31 December 2025**
## **1 Summary of significant accounting policies**
## _**Basis of preparation**_
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
## _**Income**_
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Donated goods and services are recorded at their expected cost.
## _**Expenditure**_
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
## _**Tangible fixed assets**_
|Tangible fixed assets are measured at
cost less
accumulative depreciation
and any|
|---|
|accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than|
|freehold land, at rates calculated to write off the cost, less estimated residual value, of each|
|asset evenly over its expected useful life, as follows:|
|Plant and machinery
at a rate of
10%
per year, over 10 years|
|Fixtures and fittings
at a rate of
10%
per year, over 10 years|
Depreciation is not provided on freehold buildings because the residual value of the buildings at the end of their useful life is expected to be higher than its cost or valuation.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Taxation**_
The charity is exempt from taxation under sections 521 to 536 of the Income Tax Act 2007 (ITA 2007).
12
**The Assembled Church of Christ Trust Notes to the Financial Statements for the year ended 31 December 2025**
## _**Fund accounting: restricted and unrestricted funds**_
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements below.
## _**Going concern**_
The accounts have been prepared on the going concern basis, which assumes that the Charity will be in operational existence twelve months from the date of approval of these accounts. The trustees are satisfied that this basis is appropriate.
The facts that support the conclusion of going concern are:-
- the Charity's income from charitable activities has increased from the previous year - from
- £33,264 to £56,059 this year;
- on 31 December 2025, the Charity held £21,548 cash on deposit and £2,598 cash at bank – a
- total of £24,146; and
- the Charity generated a net income of £42,301 this year.
There are no material uncertainties.
## _**Provisions**_
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
## _**Government grants**_
The accrual model (FRS 102 24.5C-G) was applied in producing these accounts; therefore grants were recognised as either relating to revenue (over the period in which the Charity recognises the related costs for which the grant was intended to compensate) or relating to assets (over the expected useful life of the asset).
13
## **The Assembled Church of Christ Trust Notes to the Financial Statements**
**for the year ended 31 December 2025**
|**2**
**Analysis of income from charitable activities**
Tithes and offerings
Gifts, donations and pledges
Gift aid
Other contributions
By geographical market:
UK
**3**
**Analysis of other operating income**
Grants received
Transport for London (TFL)
**4**
**Operating surplus**
This is stated after charging:
Depreciation of owned fixed assets|**2025**
**£**
7,643
31,803
8,954
7,659
56,059
56,059
**2025**
**£**
-
**2025**
**£**
204|**2024**
**£**
12,639
15,850
4,775
-
33,264
33,264
**2024**
**£**
9,000
**2024**
**£**
68|
|---|---|---|
## **5 Role played by general volunteers**
Volunteers played a vital role in the running of the Charity and their contribution helped the Charity achieve its objectives.
14
## **The Assembled Church of Christ Trust**
## **Notes to the Financial Statements for the year ended 31 December 2025**
|**6**
**Tangible fixed assets**
**Land and**
**buildings**
**Plant and**
**machinery**
_At cost_
_At cost_
**£**
**£**
**Cost or valuation**
At 1 January 2025
-
267
Additions
565,039
-
At 31 December 2025
565,039
267
**Depreciation**
At 1 January 2025
-
80
Charge for the year
-
27
At 31 December 2025
-
107
**Carrying amount**
At 31 December 2025
565,039
160
At 31 December 2024
-
187
**7**
**Debtors**
Other debtors
Prepayments and accrued income
**8**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
**9**
**Funds**
At 1 January
Net income for the financial year
At 31 December|**Fixtures**
**and fittings**
_At cost_
**£**
-
2,040
2,040
-
204
204
1,836
-
**2025**
**£**
7,477
7,951
15,428
**2025**
**£**
780
65,980
66,760
**2025**
**£**
497,548
42,301
539,849|**Total**
_At cost_
**£**
267
567,079
567,346
80
231
311
567,035
187
**2024**
**£**
-
3,963
3,963
**2024**
**£**
780
-
780
**2024**
**£**
460,500
37,048
497,548|
|---|---|---|
15
## **The Assembled Church of Christ Trust Notes to the Financial Statements for the year ended 31 December 2025**
## **Reserves**
|**_Restricted and unrestricted funds_**
At 1 January
_Unrestricted funds_
Net income for the financial year
_Unrestricted funds_
At 31 December
_Unrestricted funds_
_Total funds carried forward_|**2025**
**£**
497,548
42,301
539,849
539,849|**2024**
**£**
460,500
37,048
497,548
497,548|
|---|---|---|
Unrestricted funds are available for use at the discretion of the trustees, in order to further the charity's objectives.
## **10 Analysis of net assets between funds**
|Fixed assets
Current assets
Current liabilities|**2025**
**Unrestricted**
**Restricted**
**funds**
**funds**
567,035
-
39,574
-
(66,760)
-
539,849
-|**2025**
**£**
567,035
39,574
(66,760)
539,849|**2024**
**£**
187
498,141
(780)
497,548|
|---|---|---|---|
## **11 Related party transactions**
The following payments were made by trustees, on behalf of the Charity, during the financial year:
|Therese Prince
_Trustee_
Marcia Yvonne Ferron
_Trustee_|**£**
7,780
_Loan towards purchase of new building_
56,200
_Loan towards purchase of new building_
63,980|
|---|---|
No trustees were paid any remuneration (compensation) or received any other benefits from employment with the Charity or a related entity nor did any trustee claim expenses or had their expenses met by the Charity.
## **12 Presentation currency**
The financial statements are presented in Sterling, rounded to the nearest pound (£).
16
## **The Assembled Church of Christ Trust Notes to the Financial Statements for the year ended 31 December 2025**
## **13 Legal form of entity and country of incorporation**
The Assembled Church of Christ Trust is an unincorporated charity, registered with the Charity Commission for England and Wales.
## **14 Principal place of business**
The address of the charity's principal place of business and registered office is:
Bethel Hall, Dunbar Street West Norwood, Lambeth London SE27 9JY
17
## **The Assembled Church of Christ Trust Detailed Statement of Financial Activities**
_also Income and Expenditure Account_ **for the year ended 31 December 2025**
|**Notes**
**Income from charitable activities**
2
Tithes and offerings
Gifts, donations and pledges
Gift aid
Other contributions
**Expenditure on charitable activities**
Church: Welfare and counselling
Gifts and donations
Catering and hospitality
**Net operating income**
Administrative expenses
Support costs
Governance costs
Other operating income
**Operating surplus**
Loss on sale of fixed assets
Interest receivable
**Movement in funds: Surplus**|**2025**
**£**
7,643
31,803
8,954
7,659
56,059
(1,557)
(3,450)
(1,401)
(6,408)
49,651
(9,382)
(780)
-
39,489
-
2,812
42,301|**2024**
**£**
12,639
15,850
4,775
-
33,264
-
(1,450)
(1,037)
(2,487)
30,777
(8,846)
(780)
9,000
30,151
(124)
7,021
37,048|
|---|---|---|
18
## **The Assembled Church of Christ Trust Detailed Income and Expenditure Account for the year ended 31 December 2025**
|**Income from charitable activities**
Tithes and offerings
Gifts, donations and pledges
Gift aid
Other contributions
**Expenditure on charitable activities**
Church: Welfare and counselling
Gifts and donations
Catering and hospitality
**Administrative expenses**
Support costs
Volunteer costs:
Travel and subsistence
Motor expenses
Premises costs:
Rent
Light and heat
General administrative expenses:
Telephone and internet
Stationery and printing
Bank charges
Insurance
Equipment expensed
Repairs and maintenance
Depreciation
Support costs
Governance costs
Legal and professional costs:
Independent examination fees
_Administrative expenses_
**Other operating income**
Grants received
Transport for London (TFL)|**2025**
**£**
7,643
31,803
8,954
7,659
56,059
1,557
3,450
1,401
6,408
-
20
20
1,890
923
2,813
328
187
25
407
720
4,651
231
6,549
9,382
780
10,162
-|**2024**
**£**
12,639
15,850
4,775
-
33,264
-
1,450
1,037
2,487
25
1,984
2,009
4,680
-
4,680
1,800
60
-
-
-
229
68
2,157
8,846
780
9,626
9,000|
|---|---|---|
19