DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E KING'S CHURCH INTERNATIONAL charity number 1039958 TRUSTEES, REPORT AND ACCOUNTS year ended 31 October 2025
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT & ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL Contents page TRUSTEES, REPORT 1-8 AUDITORS, REPORT 9-11 ACCOUNTS Statement of Financial Activities 12 Balance Sheet 13 Statement of Cash Flows 14 Notes to the Accounts 15-27
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 1 About King's Church Intemational King's Church Inlemational is a non-denominational churd) based in the Thames ValY in the U The charity is governed by a trust deed, registered with the Charity Commission Icharily number 10399581 and incorporated under a certificate of InrporatIon (issued by the Charity Commission pursuant lo section 25101 the Charities Act 20111. 2 Objectives and activities Objects The objects of the charity are sel out in ils governing document and can be summarised as.. The advancement of the Christian faith. Relief for those in need, hardship or distress. The advancement ol education on the basis ol Christian principles. Alms Our principle aims outlined below are based on Jesus. words.. 'Love the Lord your God wlh all your heart and with 811 your soul and with 811 your mind. This is the fiisl and greatest commandment. And tt)e second is like it.. Love your neighbour as youiseW.' Imatthew 22..37-391. Love People.. experience, embody and communicate GIMJ'S k)ve to PFe ol all ages, races and backgrounds. Love Families.. reconci, restore and raise up strong families through the love ol ChrisL Love Church.. bu1 a vibrant, growing, mulli-age, multi-racial d)urch community that models the love ol Christ Love the Woild.. work for the positive transfoim81ion ol souety through the outworking ol the love of Chiisl induding the piovision of high qu8Jily inspiralion8J Chiislian education. Objectives for 2026 Our objectives lor 2026 are lo.. Run several conferences throughout the year., KCI Men's, Women's, and Youth,. and the G12 UK Conference Continue lo grow the 12 geographical areas ol ministry established in 2025 Continue lo grow and develop the London congregation, including launching a London Property Appeal and baplism services Improve security for the Trfjng's House property including the school Implement new accounting and donations software To devebp ministry lo the children, teenagers and those in their eady 205 thiough additional small groups, camps and conferences and a personal mentoring network To itnprove the consistency and effeclivene55 of leaching across the King's House School so that pupils make strong progress in all subjects, while identifying and developing wrriculum areas that require further strengthening. Strategies r strategies are designed lo support the core aims and objectives of the charity.. 1. Grow quality small groups ol disciples that follow Jesus. 2. Develop and release strong leaders. 3. Mobilise and empower the next generation. 4. Prowde excellent training and devek)pmenl. 5. Hold dynamic and inspiring church Servi5. 6. P12nl and partner wlh other churches and organisalions lo spread the message of Chrislianily. 7. Bring people lielher through conferences that champion the cause of the thal church. 8. Empower and release uealiwly in the arts, media and music. 9. Serve people and meet needs where we find them. 10. Be a positive influenc£ in the Marketpla and society with Christian principles and values. Page 1
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 11. Maximise all types of communications, media and technology lo spread the gospel in a way that is dynamic, rekvanl and accessible. 12. Fwus on the development of equipped and empowered teams across the organisalion. We aim lo be an 4enl ol reconciliation, tsking a strong stance against raasm and welcoming people of all nationalities.. with over 50 nationalities in regular attendance. Women are given a prominent and visible role as part of the leadership of the churd). Our stral4ies specific lo The King's House Sch(K)I, Windsor are lo.. l. Prowde an education whose values and approach are based on a Biblica worldview. 2. Priorilise people.. firsuy the well-being of the children al the school, as well as their families, our staff and supporters. 3. Provide an excellent education by fully uph01ng Department lor Education and Independent Schools Inspeclorale Standards, by ulilising various ¢urricul8 induding elements ol the national curriwlum, and by maintaining continuous improvement through monitoring innovab-on in education. The Iruslees confim Ihal when reviewing the charity's aims, and planning its objectives and activities, consideration has been given to the Charity Commission's guidance on public benefit including the supplementary guidance regarding the advancement of religion. The activities sel out below demonstrate the many benefits provided by the Charity and made available to the public. Activities The charity runs lo1 churd) activities as well as activities lo serve the worfdwide church., Local church Weekend services Our in.person Sunday Seice8 welcome peop from all backgrounds and age groups and the weeY online seN(Es expand our impact enabling people who are house.bound or geographically distant to also be part ol our congregation. The preaching and leaching prode people with a strong message ol hope in all 5ituats"ons. Swiall orouos 111 the local C0177fnunily Our weekly small groups are al the core of our pastoral care, support and de¥ek)pmenl ol individuals and families. There are diverse groups that meet across the Tharnes Valley for 811 ages and Ste$ of lrfe including thildren and youth, men and women, singles and families, and those in the later years of life. Pasloral care The church prowdes pastoral care lo those suffering from grief, loneliness, mentsl health d)allenges or sickness, helping young and old 81ike and especially any who are vulnerable. Support is provided through the major milestones ol life induding birth, marriage and bereavemenl,. and lo hdp people have strong marriages and families and ensure those who don't have a family feel a sense of care from their church family. Evenls & courses lo support the church and G(Immunily Events and courses are run lo support church members and locd communities induding Welcotne Events, Life Class lan introduction lo liwng the christs.an lilel, Bapb"smal Services, Accelerated Leadership Tiaining la leadership training course), conferen9 for men, women and youtt) and camps for children and young adults. Medi8 gnd ¢ommuniGalioiis lo re8¢h g global &udieiiGe Modern medi2 and communications are used to share the church's message wth a wder audience in the local area, nationally and around the globe., using multiple media channels lincluding websites, email, podcasts, a mobile app, YouTube, Instsgram and Fa(Ebookl lo make the message of Jesus &cessible lo all. Commuiiily miiiislnes We Jso serve our local mmunitieS by running a Christian community ol affOrdae accommodation in our King's House protety supporting those in the formative stages of life. Other practical support for individuals and families indudes food rolas, childc2re, hospital visitab-on and prayer support. Page 2
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL Education in the UK The Kin9 s House School. Windsor The charity operates a primary whool for the Windsor community.. an independent co4uc3tion81 d8y school with a capaaty lor up lo 75 pupils. The school provides an inlegraled Christian educab.on lo children 4ed between 3 and 13 years that incorporates academic learning, character development, Biblical leaching and the positive experience of an affiming Christian mMunity. Partnerships G12 UK network ol ctjurlies & conferences The church's Senior Pastors are the UK co-ordinato for churches following the G12 model pioneered by Mision CarismaticA Internacional in Colombia. They provide support lo other pastors and King's Church Internalionl Jso hosts an annual G12 Conferen for those churches. Other P8rtnerships King's Church Inlemalional works in dose relationship with ch8rities 8nd churches in South Africa, Burkina Faso and elsewhere. Ten per cent18 '1ilhe'l ol our unrestricted donations income is sel sside in 8 Designated Missions Fund lo suptort other churches, relief and development work, and Christian projects in education. Grant. making Gmnls are made predominanljy lo other Christian organisats'ons.. to support churches, relief and development work and Christian projects in education and housing. Grants from Ihe Charity's Care Fund are made lo individuals in financial need- emulating the earfy ¢hur¢h in the way il Cared lor ils poorer members. Requests lor grants are assessed against the following criteria.. Does il fil the objects of the ch8rity? Is the Iwsl in a financial position lo commit the funds? Can the credibility of the recipient organisab-on or individual be establish? Can the specific purpose ol any grant request be verified? Can the effectiveness of the grant be monitored? An analysis ol the grants made is recorded in the notes lo the accounts. Volunteers All the charity's acliwlies are lacililaled in some respect by dedited volunteers, several hundred of whom give Iheir lime lo assist in some way- lor example fulfilling a role al the Sunday morning se5, running a small group, assists.ng in the church office or working wth children or youth. A voluntary internship is offered lo those who want lo give more subslanlid volunteer houis in service of the thurch and local community." typically, three days per week. The prffjrsmme lasts foi a year and participants are prowded with training seminars and on-the-job cosching together with the opportunity lo serve lor a short period with one ol our overseas partners. Interns provide a significant contribution to the charity's aclivilies. They themselves develop valuable skills and an understanding of their own abilits'es and potential while working alongside people with experience and high stsndards in a molivaled, inspirational and affirming environment. Fundraising The charity is commilled lo adhering lo the highest ethical standards in the way we fundraise. Fundraising is conducted by our own staff lexlernal fundraisers are not used) and is primarily done by having an 'offering' during Sunday services accompanied by Biblical guidan on money and giving. Donors a presented with several options for how lo donate and informed there is no compulsion lo give, lo ensure vulnerable people do not sense a pressure lo donate. Any complaints regarding fundr8ising are considered by the Governance mmittee of the Trustee Board atthough none were reIVed in the year 202512024.. nill. Wheie donations are given lor a specific puiwse these Sre retained in 8 restricted fund (these funds are listed in note 141 and used only lor the purposes ol that fund. We are commilled lo protecting our donor's personal data through adhering to the requirements ol Genera Data Protection Regulations IGDPRI. Page 3
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 3 Achievements and performance Objectives for 2025 Launch a strategy 0112 geographical areas for the local church's ministry- appointing a leadership le8m, and developing a pr8yer and oulie8ch strategy foi e8ch 8rea Achieved The 12 geographicd areas and their leaders were launch al the church's Wision Night in Janu8ry 2025. Throughout the year these leaders and their groups ran tnany community outreach events and several'church in the Community Sunday services. Mark 50 years ol our Senior Pastor's Ministry and honour him with a lebratIoN event for all the church The church hosted an honouring Sunday service lo marf< the Senior Pastors, 50 years in ministry, folk)wed by a lunch for the whole church and severa inlemab.onal guests. Launch new Irsining courses lo help bring churd) meMr$ lo fruitfulness in their life and ministry Two 7-week training courses were launched in 2025.. Life Class Foundations as a lollow-on from Life Class Alerated Leadership Training, lo prowde additional leadership training for those who had completed the Destiny Training course Refurbish the basement of the ¢harily's property al 75 Frances Road lo pul il lo good use.. to expand our provision ol a Christian community The basement of 75 Frances Road, previously used for store, was refurbished into a two-bedroom flat. The refurbishment was Mpleted in April 2025 and new tenants moved in during the same month Appoint our first dedicated London pastor lo help grow the London congreg8tion London pastors were appointed in November 2024, 8nd the Sunday service was moved lo a morning lime (previously 5pm} from May 2025. The core team and small groups were eStalShed. Implement a new curriculum across all year groups in The King's House School, Windsor that beller aligns with our 7510 and v8Jues and monitor ils effectiveness on pupil progress New curriculum has been implemented across all year groups, which has had a posib've impact on pupil progress and is in line with our Christian ethos 4 Plans for future periods The main objectives for 2026 are sel out on page 1. The d)arily plans lo continue ils current strategies lo re8ch increasing numbers of people with the love ol Christ and lo see The King's House School, Windsor expand steadily in the provision ol exlIent Christian educab'on. 5 Financial review Financial Objectives Our financial objective for the year was lo grow income and control costs to achieve break.even, keeping reserves stable above1.2 months ol expenditure. Income Total income for the year grew lo £1,798,00012024'. £1,555,WOl induding donations and legacies of £1,348,00012024. £1,167,000) whid) MpriSed Inole 21 Unrestricted donations and legaaes, the core income of the charity, which grew 7% 10 £1,084,000 12024.. £1,Q13,0001. Don8tions and grants lo restricted funds of £264,41912024.. £154,000) including £72,000 foi our School Fund12024. £71,000) and £22,000 for the G12UK Fund12024.. £37,000). In(me from charitable aCtilI1eS grew lo £431,00012024.. £375,000) and included.. School fee income of £265,OW12024. £264,WOI Page 4
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL £118,00012024.' £74,000) local churd) income including tenancies al our Christian community in King's House., Partnership income of £48,00012024." £38,0001 including the annual conference for G12UK churches. Expenditure Expenditure for the year increased by 12QA ol prioi year at £1,676,00012024.. £1,471,0001'. Local church expenditure was £959,00012024.. £816,000) including an inflationary increase for stsff and an award payment to a staff member as well as newjoiners and employee returning from malernily. The (st increase also indudes accrued costs in respect of likely loss 0180% ielief on business rates. Costs of The lfj.ng s House Sthool, Windsor were £443,00012024.. £399,000).. induding an inflab"onary Increase for staff and increase in staff hours. Costs are b.ghdy controlled lo stay wlhin the total of fee Income, school donations and the budgeted use of general donations lfrorn our'vision Appeal'l. Partnership and Conferen wsts were £272,00012024.' £254,000) induding grants of £89,00012024'. £85,000) which are listed in note 6. Of the above costs £1,031,00012024'. £830,000) were staff costs (note 51 with an increase ol the number of staff 10 2012024. 181. Financial Result, Funds and Reserves Overall Ihe charity made a surplus of £122,00012024.. £84,0ffl1 induding a £174,0ffl12024.. £55,000) increase in reslricled funds and £52,000 reducb"on12024.. £29.000 increase) in unrestricted funds. Total funds al 31 October 2025 amounted lo £3,749,00012024.. £3,627,000) the main components of which were Inole 141.. Property funds of £1,214,00012024.. £1,043,000) which increased by £171,00012024.. £49,0ffll. We continue to grow resources lo enable church activities lo have their own dedicated propertylproperties. The lfjds Klub Fund which increased to £53,00012024.' £51,000).. retained lo faalilale future children's ministry. The G12UK Fund remains in deficit al £9,00012024.' £4,000) which increased following the 2025 G12 UK Conference. A General Fund of £2,460,00012024.. £2,513,0ffll- The General Fund consists of Fix& Assets, Loans and Reserves. Reserves (the General Fund excluding tangible fixed assels and the loans secured on those asselsl dedined by £57,00012024.' £17,000 increase) lo £161,00012024.' £218,000). This year there have been Some signifi¢ant'one-offs' impacting reserves.. £105,000 pital expenditure on no75 Fran$ Road1£100k ol which was FAanned & budgeledl and an additional £100,000 loan from the Property fund lo the Gener Fund lo finan this expenditure. Our policy, in order lo maintain adequate finance ft)r the charity's adivib"es, is that Reserves should arnounl lo belween 1 and 4 months, expenditure Inel ol depreciab"onl. Al 31 cktober 2025 Reserves equated lo 1.2 months, expenditure (2024.. 1.8 monlhsl. Whilst ieserves remain within policy, Iruslees will continue lo moniloi reserves levels dosely. Investments The Property Fund is invested in interest earning bank deposits. The return on these investments is rewewed periodically to ensure a good rale is being earned. The charity continues lo investigate possible properties for the expansion of ils activities and the funds are therefore kept in a relatively liquid form so they can be awssed il required. 6 Structure, governance, management and advisors King s Church Inlemalional is a charitable trust governed by a trust deed dated 27 Mard) 1994 and is run by a Board of Twstees. The Iruslees delegate the day-lo-day running of the trust lo senior management. Page 5
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL Trustees Mike Airey Dushy Goonawardhane Maria Magembe Edw8rd ade Ed Turkinglon Appointment Trustees may be appointed by a formal memomndum of the spirial leaders of the church. Trustees seNe of Trustees lor a period ol two years and may offer themselves for reaptKiinlmenl. Trustees musl be members ol the church and accept the doctrines sel out in the fourth schedule of the Trust Deed. Trustee Training Ail new Iwslees allend training which covers the responsibilities of Iruslees as well as the objects, governing document and govemance structure ol the charity. They are also required lo read the Charity Commission guidance'The Essential Trustee, and encouraged lo read their other publications. Decision. making The strategic decisions ol the charity are tsken by the Board of Trustees after consideration ol the vision and values sel out by the senior pastors and spiritual leaders of the church Isee'spirilual Leaders belo¥vl. The Board ol Trustees appoints committees, comprising both Iruslees and people with rdevanl expertise, lo consider specific subjects and make recommendations lo the Board. Remuneration The Remuneration Commillee bench-marks remuneralion for church slaff and adwses the truslees on remuneration decisions. The School Board sets salaries for schcKI staff. The Committee and School Board members involved in this process are neither employees nor related to the emOoyees they are evaluating. The key m8nagemenl personnel ol the charity comprise its Board ol Trustees and senior managers. Trustees give their lime voluntarily and no recompense is made for their rde as Iwslees. Details ol Iruslee expenses and other Iransactions with Iruslees are disdosed in note 1510 the accounts. Remuneration lor senior m8n8gers is revie¥ved annually by the Remuner8tion Committee. Ils recommendations are submitted to the Trustee B08rd who approve the remuneration packages. IM7en selling remuneration for senior managers nSIderatIon is given lo their experien, expertise, skills, competencies, impact, influence, scope and management responsibility. Remuneration decisions lake due note of comparable nation benchmarks and aim lo be fair, reasonaNe and affOrdae,. and lo recognise the value of each individual's contribution lo the charity's performance. Risk Management The charity maintsins a risk register ranking risks according lo likelihothl and severity., and operates a risk management policy for reducing and controlling risks. The principle risks and uncertainties il laces are.. A rEliance on voluTrlary donations Voluntary giwng accounts for over 75% of the charity's income 8nd would be affected by a change in the number ol, or financial circumstances of, donors. This risk is miligaled by the very stable and commilled nature ol the church's supporter base.. most donors give consistently on a monthly basis and are commilled lo the principle ol lilhing.. giving al least 10'h ol their income lo the loc31 ¢hurd). Measures lo rll risk include the preparation ol weeY and monthly In(me reF)Orts so management can take prompt action il giwng trends aller., and financial updates being given al several church rneelings through the year providing a mechanism lor donors lo respond promptly lo any financial challenges and giving them a sense of partnership in the charity's financial health. The tharily also operates a strong budgeting system lo ensure costs are kept in line with income and discretionary expenditure is reviewed regulaily so spending is only aulhorised when income is sufficient. The safely 01childn Through The King's House School, Windsor and its church activities foi children and youth, the charity provides many semces lo children. Keeping d)ildren sale from harm is a lop priority and the charity has therefore implemented a Safeguarding Policy for chIren and Young People. This includes regular mandatory safeguarding training and Disdosure and Barring servi d)ecks for all stsff involved in Page 6
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL children's acliwlies 8nd all those with 8 senior position in the charity. The Board ol Trustees monitor safeguarding measures lo ensure the Safeguarding Policy is being ftjlly implemented. Importaijce ol Ihe senior leadership le8m The churd)'s growth, Chaiily s strong momentum, and donors, loyalty 8re in large part due lo the inspirational and visionary leadership ol the church's Senior Pastors. The risk of bsing such adership has therefore been miligaled by developing a sliong team of spiritual leaders and by a policy that, when a sizeable group ol leaders is Iravelling, they do not all travel together. Spiritual Leaders The spiritual leaders ol the church comprise the Senior Pasto, Wes and Adriana Richards, together with a team of twelve men and twelve women who oversee the pastoral care of Chh members and the prcoramme of Christian leaching and provide spiriluJ direction to the church. The Iwstees recognise that the spiritual leaders are the spiritual authority of the church. The spiritual leaders recognise that the Iruslees are the kgal custodians and administrators of the trust funds. The Iruslees have the responsibility lo administer the Iwsl funds and undertake this in lull recognition of the spiritual guidan proirided by the church's spiritual leaders.11 is the policy of King's Church InlernalionJ lo ensure that the Iruslees and spiritual leaders fully co-operate in the most effective way in order lo luifil the slated objects of the trust taking into account their respective responsibilities. Having assessed the practical implications involved in fulfilling the spiritual direcb'on given by the church's spiritual leaders, the Iruslees create, maintain and oversee the accounting structures, reporting structures, policy slalemenls and working practi(Es. Senior Managers The key managernenl personnel lo whom the Iruslees delegated day-lo.day running ol Ihe charity during the year 8nd up lo the dsle ol approv81 ol the financial stslements were.. AW Richards and A Richards, Senior Pastors L Harding, Head ol The King's House School, Windsor PD Webb, Head ol Finance R Arevalo, Community Pastor M Zander, Senior Accountant Principal Advisors Saffery LLP, Sl John's Court, Easton Street, High wMbe HP11 1JX Pnnrip81 Legal Advisors Wilsons Solicitors LLP, 4 Lincoln's Inn Fields, London WC2A 3AA Pnncip8188nkars Metro 8ank, One Soulhamplon Row, London WC1 B SHA Page 7
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E TRUSTEES, REPORT year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 7 Trustees, responsibilities in relation to the financial statements The Iruslees are responsible for preparing the Trustees, Report and the financial stslements in accordance with appIlble law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AuntIng practi). The law applicable lo charities in England & Wales requires the Iruslees lo prepare finanoal statements lor each finanoal year which give a Iwe and fair view of the slate of affairs ol the d)arily and of the incoming resources and application ol resources ol the charity for that period. In preparing these financial slalements, the Iruslees are required lo.. sekcl suilatAe accounting policies and then apply them consislenlly., observe the tnelhods and principles in the Charits"es SORP IFRS1021', makejudgemenls and eslimales that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject lo any material departures disck)sed and exained in the financial stalemenls., prepare the financial slalements on the going concem basis unless il is inappropriate lo presume that the charity will continue in business. The Iruslees are responsible for keeping proper accounting records that disdose with reasonable accuracy al any lime the finan(aal position ol the d)arily and enabk them lo ensure that the financial slalements comply with the Charities Act 2011, the Charity (Accounts & Reports) Regulations 2008 and the provisions of the Iwsl deed. They are also reswnsIb for safeguarding the assets ol the charity and he for taking reasonable steps lor the prevention and dele¢tion ol fraud and other irregularities. 812112026 This reKMXt Was approved by The Trustees ol King's Churth Inlernalion8J on and signed on their behalf by Sig by-. MH Airey, Trusl King's Church International, King's House, 77A Fran(£s Road, Windsor, Berkshire SL4 3A Page 8
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES KING'S CHURCH INTERNATIONAL Opinion We have audited the financial slalements ol King's Church Inlemational lor the year ended 31 October 2025 which comprise the Slalemenl of Finanaal Acb"irities, Balall Sheet, Statement ol Cash Flows and notes lo the Accounts, induding significant accounting policies. The financial reporhng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland Iuniled lfjngdorn Generdly ApIed Accounting Pradicel. In our opinion the financial statements.. give a true and lair view of the slate of the tharily's affairs as al 31 October 2025 and of ils inming resour$ and apFlicalion of resOUr(S lor the year then enda., have been propedy prepared in accordan with United Kingdom Generally ACpIed Awounling Practice., and have been prepared in 8¢cordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our 8udil in accordance with Inleinalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further deri in the Auditor's responsibilities for the audit of the financial slalements section ol our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit ol the financial slalemenls in the UK, induding the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance wilh these requiremenls. We believe Ihal the audit eviden we have obtained is suffi(ienl and appropriate lo provide a basis for our opinion. Conclusions rg1*ing lo going ¢on¢grn In auditing the finan(ial slalemenls, we have concluded that the trustees, use of the going n(rll basis ol accounting in the preparab-on ol the financial slalemenls is appropriate. Based on the work we have perforrned, we have not idenb.fied any material uncertainties relab.ng lo events or conditions that, individually or collectively, may cast significant doubl on the charity s ability lo continue as a going con(r ft)r a period of al least twelve months from when the finallal stslemenls are authorized for issue. r responsibilitie5 and the responsibilities ol the trustees wth respect to going cOnM are described in the relevant 5ection5 of this report. Other information The Dlher information comprises the information induded in the annual report, other than the financial slalements 8nd our auditor's report Ihereon. The trustees are responsible for the other infomation. Our opinion on the financial slalemenls does not cover the other information and, exp1 lo the exlenl otherwise explicitly staled in our report, we do not express any form ol assurance conclusion thereon. responsibility is lo read the other information and, in doing so, consider whether the other informalion is materially inconsislenl wth the financial statements or our knoedge obtained in the course ol the audit or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent malerid misslalements, we are required lo determine whether this gives rise to a material misslalemenl in the financial slalements Ihemselves.11, based on the work we have perforrned, we conclude that there is a material misstalemenl ol this other information,. we are required lo report that lact We have nothing lo report in this regard. Matters on %thlch we are requlred to report by excepllon We have nothing lo report in respect of the following matters in rdalion lo which the Charits'es (Accounts and Reports) Regulations 2008 require us lo report lo you if, in our opinion.. the informats.on given in the Trustees. Annual Rewrt is inconsislenl in any mglerial respect with the fin8nci81 st8lements', or the charity has not kept sufficient a(Unting [Ords., or Page 9
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES KING'S CHURCH INTERNATIONAL the financi slalements are not in agreement with the accounting records and relums., or we have not reiVed all the information and explanations we require for our audit. Rgsponsibilities of trustfjgs As exFAained more fully in the Trustees, Responsibilities Slalemenl sel out on page 8, the Iruslees are responsible for Ihe preparation ol the financial slalements and for being satisfied that they give a true and lair ew, and lor such interna control as the Iruslees determine is ne(%ssary lo enable the preparation of financia slalements Ihal are free from material misstalernenl, whether due lo fraud or eiror. In piep8ring the financial 51alemenl8, the trustee5 are responsible lor assessing the charity's ability lo ntinue a5 8 going COnM, disdosing, as applicable, mallers related lo going concern and using the going concern b8sis of 8ccounling unless the trustees either intend lo liquidate the d)arily or lo cease operations, or have no realistic allemalive bul lo do so. Auditors, responsibilities forlhe audit of the financial ststemenls We have been appointed as auditors under the Charities Act 2011 and rewrt in accordance with regulations made under that Act. r objectives are to obtain reasonatAe assurance about whether the finanual ststemenls as a whole are free from material misstslemenl, whether due lo fraud or error, and lo issue an 8udilors' report that indudes our opinion. Reasonable 8ssur8nce is a high level ol assuran, but is not 8 guarantee th81 an audit conduded in aOrdan wth ISAS IUKI will always detect 8 material misstalemenl when il exists. Misstalemenls can arise from fraud or error and are considered materia If, Individually or In the aggregate, they could reasonably be expected to influence the e(nOmiC decisions of users taken on the basis of these financial statements. Iriegu18rities. induding fraud, are ins18nces ol non-compliance with laws and rulatiOns. We design piiKedures in line with our responsibilities, outlined above, lo delect material misstalemenls in iespect ol irregulaiilies, including fraud. The specific piocedures lor this engagement and the extent lo which these are capable of detecting irregularities, including fraud are detailed below. Idenlilying and assessing risks related lo irregularities.. We assessed the susceptibilily of the charity's financi slalements lo material misstslemenl and how fraud mighl wcur, induding through discussions with the Iruslees, discussions within our audit team planning meeting, updating our record ol internal conlrols and ensuring these (ntrOlS operated as intended. We evaluated possible IntIveS and OPFKlrtunities for fraudulent manipulation ol the financial stalemenls. We identified laws and rulationS that are of Significan in the context of the Charity by discussions with trustees and updating our understanding of the sector in whith the charity operates. Laws and regulations ol direct significan(E in the context of the charity include the Charities Act 2011, the Charities (Accounts and Reports) RulationS 2008 and guidance issued by the Charity Commission foi England and Wales. Audit response lo risks idenlffied.. We considered the exlenl ol Complian wlh these laws and regulations as part of our audit procedures on the related financial slalemenl items induding a review of finanaal stslemenl disdosures. We reviewed the charity's records of breaches ol laws and regulations, minutes ol meetings and correspondence with relevant authorities lo identify potential Materi misslalements arising. We discussed the charity's poliues and prOdureS for compliance with laws and regulab.ons with members of m2nagemenl responsible for compliance. During the FAanning meeb.ng with the audit team, the engagement partner drew attention lo the key areas which might involve non- compliance with laws and regulations or fraud. We enquired of management whether they were aware ol any InStanS ol non- compliance with laws and regulations or knowledge ol any actual, suspected or alleged fraud. We addressed the risk ol fraud through management override ol controls by tests.ng the appropriateness ol journal entn.es and identifying any signfficanl transactions that were unusual or outside the normal course ol business. We assessed whelherjudgemenls made in making a(Unting esb"mates gave rise to a possible indication of management bias. Al the completion stsge of the audit, the engagement partner's rewew included ensuring that the team had approached their work with appropriate professional sceplicism and thus the cap8cily lo identify non-compliance with laws and regulations and fraud. Page 10
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES KING'S CHURCH INTERNATIONAL There 8re inherent limitations in the audit prc¢edures described ab)ve and the further removed non<ompliance with laws and regulations is from the events and transactions reflected in the financial slalements, the less likely we would become aware of it. Mso, the risk of not delecb.ng a material misslalemenl due to fraud is higher than the risk of not delecb.ng one resulting from error, as fraud may involve deliberate concealment by, lor example, forgery or intentional misrepresenlalions, or through collusion. A luther description ol our responsibilities is available on the Financial Reporting Council's website al.. wNw.fic.or .uklaudilorsres onsibililies. This description forms part of our auditor's report Use ol our report This repNt is made solely lo the charity s Iruslees, 8$ 8 body, in accordance with Part4 of the Ch8ri1ies (Accounts and RepDrtsl Regulations 2008. Our audit work has been undertaken so that we might slate lo the trustees those m8tters we are required lo slate lo them in an 8udilor's report 8nd for no other purpose. To the fullest exlenl pemilled by law, we do not accept or assume responsibility to anyone other than the ch8rity and the Iruslees as a body, for our audit work, for this report, or lor the opinions we have lomed. Saffery LLP St Johns Court, Easton Stet, High Wycornbe, Buckinghamshire, HP111JX StatLrtory Auditors Dale.. 25 August 2026 Saffery LLP is digible lo act as an auditor in terms of section 1212 01 the Cornpanies Act 2006 Page11
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E STATEMENT OF FINANCIAL ACTIVITIES year ended 31 October 2025 KING'S CHURCH INTERNATIONAL Unrestricted funds £ Restricted funds £ Total funds £ 2024 note Income and endowments from.. Donations and legacies 1,084,013 264,419 1,348,432 1, 166,798 Charitable activities LO church 116,276 1,803 118,079 74,116 Education in the UK 264,726 47,764 264,726 47,764 263.636 Partnerships & conferen$ 37,649 Other trading activities Fundraising events for The King's House School 325 Investments 6,670 11,863 18,533 11,885 855 Other Total incomg 1,519,449 278,091 1,797,540 1,555,264 Expen(liture on: Raising funds Raising donations and legacies Expenditure on other trading 8ctivilies Investment management 404 404 457 588 588 938 639 639 580 Charitable activities Local church 946,375 12,642 959,017 815,725 Education in the UK 370,918 220,132 72,278 51,601 443,196 399.400 Partnerships & conferences 271,733 253,978 Total expenditure 1,539,056 136,521 1.675,577 7,471,072 Nel income l-expendilure Transfers between funds 19,607 141,570 121,963 84,792 13,14 32,405 52,012 32,405 173,975 Net movemènt in funds 14 121,963 84,792 Reconciliation of funds Total funds bioughlforward Total funds carried forward 2,514,799 2,462,787 1,112,656 1,286,631 3,627,455 3,749,418 3,543,263 3,627,455 14 Pe 12
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E BALANCE SHEET at 31 October 2025 KING'S CHURCH INTERNATIONAL Unrestricted funds £ Reslricled funds £ Totsl funds £ 2024 note Tangible assets Investments 3,235,958 152,874 3,235,958 677,984 3,145,431 440,T78 525,110 Total fixed assets 3,388,832 525,110 3,913,942 3,586,209 Stod(s 3,788 98,421 103,545 3,788 109,939 73,548 4,022 l(Kl,187 218,358 Debtors 11,518 29,997 Cash Total current assets 205,754 18,479 187,275 382,561 Cr&ilors'. due within one year 12 209,271 209,271 184,020 Net current assets 3,517 18,479 21,996 198,547 Creditors.. due after one year 12 142,528 142,528 157,301 Inter fund loan 13 - 780,WO 780,000 TOTAL NET ASSETS 2,462,787 1.286,631 3,749.418 3,627,455 The funds of the charity.. Property Fund Other resliic1j funds 14 1,214,234 72,397 1,042,545 70,111 14 Totsl restricted income funds 14 1,286,631 1,112,656 General Fund 14 2,459,767 3,020 2,512,541 2,258 Other unrestricted funds 14 Total unrestricted funds 14 2,462,787 2,514,799 TOTAL CHARITY FUNDS 14 3,749,418 3,621,455 8121r2026 These accounts were approved by The Ttuslees of King's Church International on and signed on their behalf by.. IFéy,'TfiJlfée Pe 13
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E STATEMENT OF CASH FLOWS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL note 2025 2024 Cash flow from operating activities 159,805 137,247 Cash flow from Investlng actlvltles Investment interest reiVed 15,3 9, 740 Purchase of tsngible fixed assets Proceeds from the sJe of tangible fixed assets 118,458 18,104 855 102,805 8, 109 Cash flow from financing activities Loan repayments . 24,604 - 25,583 Increase in cash and cash equivalents 32,396 97,555 Cash and cash equivalents br(yJghlforward Cash and cash equivalents carried forward 719,136 751,532 627,581 179, 136 Re¢on¢iliation of net in¢ome l-expenditure to ¢a$h flow from operating a¢tivities Nel income l-expendilure Dèpre¢i81ion Interest expense Investment income 2025 £ 2024 £ 121,%3 27,931 84, 192 20,711 10,839 18,533 13,256 77,885 855 Profil on the disposal of tangible fixed assets Decrease l- increase in stod 231 7, T24 37,222 Increase in debtors 6,872 Increase l- deuease in creditors 24,243 67,326 Cash flow from operating activities 159,805 131,247 Analysis of changes in net debt Investments held as cash note 2024 £ Cashflows £ 2025 £ 440,778 237,206 677,984 Cash included within current assets 278,358 719,136 - 204,810 32,3 73,548 751,532 Cash and cash equlvalents Debt due within one year Debt due after one year Borrowings 12 - 44,754 157,301 - 202,055 9,270 14,T13 24,043 . 35,484 142,528 178,012 Net debt 517,081 56,439 573,520 Pe 14
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 1 Accounting policies Basis of preparation These accounts have been prepared using the historical cost basis ol accounting and in accordan the Charities Acts 2011, th FRS102 and with the Charities SORP IFRS1021, the Financial Reporting Sland8rd applicable in the UK and the Repu1¢ of Ird8nd. King's Church International meets the definition of a public benefit entity under FRS 102. There are no material unrtaIntieS about the charity's ability lo continue as a going concern. The finanual slalemenls are prepared in sleding, which is the luncb.onal currency of the tharity. Monetary arnounts in these financial slalements are rounded lo the nearest £. Incoming resources Income is accounted for as soon as the d)arily is entided lo it, the receipt is probable and the amount can quantified. Donations andlegacS MDSI donations are therefore accounted for in the period they are received. Gift Aid on donations is accounted for in the same period as the donation lo which il rel8les. For legacies, entidemenl is taken as the eadier of.. the dale the money is reiVed or the dale the d)arity is aware prob81e has been granted and notification has been [l¥ed from the execulorlsl that a distribution will be made. Furthermoie acY income is only r4arded as probable once any conditions attached lo il have been mel or are within the control ol the chaiily. Donaledassets and ServIS Assets donated lo the charity are included in the acwunts al their market value al the dale ol the grft. servIs donated by commercial organisalions are acunted for al mMerCIal rnarkel vaue in the period in which they are perforrned. The tharily also benefits from many hours of Servi by many comrnilled individual volunteers. No amounts are included in the aoUnts for these servi$ as they cannot be quantified with re830nable aracy. Inlerestincome is a(Unted for in the period in which il was earn&. Income from 8cl1vrfS is accounted for in the period when the adivily generab.ng the income lakes place. School fees are charged on a monthly basis and income is recognised in the monlh to whith il relates. Resources expended Reco Costs are accounted lor on an attruals basis. Grants made Grants made are accounted lor when they are paid, or if a comrnilmenl to pay 15 COtnTnunicaled lo the rlPlent, they are accounted for when that mmUnIcation occurs. Classification ol ex endilure Costs are classified using the headings prescribed by SORP 2019. Stsff costs are allocated lo these headings based on an estimate of the lime spent by each person. Costs of raising fuftds Investment management costs indude an estimate of the lime spent by senior staff in managing the charity's investments. Costs of charitable 8ctivilies Costs ol charitable activities are the costs ol the activities described in the Trustees, Report. Page15
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 1 Accounting policies Icontinuedl Support costs (including Govemancel Costs such as accounting or IT do not form part of the charitable activities bul provide 8 support lo them. These costs are allocated lo the relevant charitable activities, or other expenditure headings, as explained in note 4. Governan costs form part ol Support costs and relate to the public accounlabilily of the charity and its compliance wth ststulory requirements. They include the cost ol preparing the annua accounts, the annual audit, legal and other professional advice taken by the trustees, and any (xsts ol trustee tneelings. They also indude the cost of staff b'me spent on these activities. Tangible fixed assets Assets that are lo be used over sever81 ye8rs and costing more than £2,000 are capitalised al cost and depreualed over their eslimaled useful life.. Audio-visual equipment is depreciated over 3 10 5 years. Fixtures, fittings, IT and office equipment are depreciated over 2 to 8 years. L8nd is not depreciated. Buildings are not being depreciated as Iheir residual value is considered not lo be materially below historic cost, exp1 for storage outbuildings and modular buildings whid) are deprecaated over 10 years. Building improvements are depreciated over 21010 years. The catTying value of fixed assets is reviewed al least On a year so that, if applicable, any impairment in vJue can be reflected in the accounts. Fund accounting RestriGted funds Donations or grants given lo the charity lor a specific purwse are held in a restricted fund and applied only for the purposes specified by the donors. Any interest earned on cash or investments belonging to a reslrided hjnd are added to that fund. The reslricled funds are listed and described in note 14. Unr8slrict&d funds l fvnds other than reslricled funds are shown as unrestricted funds. Leases Rentals from operating leases (where substantially all the benefi15 and risks of ownership remain with the le55011 are account ft)r as Ihey are incurred. Pension costs The charity conlribules lo a defined contribution Workpla pension plan lor ils em Joyees. The contributions are accounted for in the period the employee earned the enlidemenl lo them. Redundancy costs The cost ol any staff redundancy is accounted for when the deusion has been made and the emFAoyee has been informed and the amount can be calculated with reasonable 2tturacy. VAT The charity is not able lo recover the VAT il is charged by suppliers. Consequenljy VAT is treated as an expense and charged against the $8me category and period as the purchase to which il relates. Page16
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 2 Income from donations and legacies unstrICted funds £ Restricted nds£ Totsl funds £ 2Q24 Donations from Indildal$ 1,059,013 25,000 262,819 1,321.832 25,000 1,158,198 Lege8 re¢Vable by the t*arity Grants received towards The King's House School, Windsor from churches towards our G12 UK Fund 5,500 2,300 200 1,000 1,000 from churth&s towards our Colombia Fund grants reived for other purposes Totsl grants re¢ei¥ed 600 600 600 1,600 1,600 8,600 1,084,013 264,419 1,348,432 1,166,198 3 Expendliure Expenditure in 2025 Staff costs Grant Propety funding & venues note 6 Other costs Support costs allocated 2025 Total Raising funds Raising donations and gaCleS Expenditure on othertrading activities Investment managernent 404 404 588 588 639 639 Charilabk acliiAlies Local church 508,291 14,882 122,289 121,952 191,603 959,017 EduCatn in the UK 264,078 56,627 17,916 89,140 47,213 17,100 37,012 73,878 76,977 34,988 443,196 271,733 Partnerships & conferenS Support o)sts 201.462 15,565 86.541 303.568 1,031,097 121,938 202,167 320,375 1,675,577 Page 17
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 3 Expenditure Icontinuedl Expenililure in 2024 Staff costs Grant Property funding & venues Other costs Support costs allLUted 2024 Total Raising funds Raising donations and kgacies Expenditure on othertrading acliwties Investment management 451 451 938 938 580 580 charitab acti*ilies Local ¢hur¢h 380,279 230,974 46.388 5,014 21,004 84,976 126,048 39,334 13,625 134,824 48.558 78.620 169,560 59,530 3Q.369 815,725 399,400 253,978 Educatn in the UK Partnerships & Conferences Support Costs ITI.592 3,662 84,205 259,459 829,813 110,994 182,669 34T,596 1,4TI,072 Support costs are allocAled to actiirities in proportion to the number of transactions eth activty has. The folbwing figures are induded in the totals above.. Amoun1Spa to the audrfors Audilfees 2025 £ 17,582 3,308 20,89) 2024 £ 11,503 3,562 21,065 Non-audil seN¢es Totsl 4 Support costs 2025 £ 2024 £ 160,282 33.621 Support staff offi equipment and IT G0Veman including staff Loan interest 189,003 35,327 33,971 10,839 2,684 5,611 4,880 15,565 1,629 4.059 31,298 13,256 4,205 Legal and professional Insuran 5,086 4,350 3,662 1,733 1,966 259,459 Tdephone Office propety cfjsts Stslionery & Offi supplies Other 303,568 Page 18
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 5 Staff costs 2025 £ 2024 £ Wages and salaries Social security costs Pension oyjntribulions 782,869 75,015 146,745 26,468 1,031.097 674,360 58,289 16,659 20,505 829,813 Olhei employee beneffts 2025 2024 Average nurnberofstaffemployeddu17ng the year 31 26 Average nurnberofslaff cakulaledas 'lulklime equivalents. LLUI church 6.2 Education in the UK Partnerships & conferences Support staff Number of'full-lime equivanv staff 0.6 20.0 18.0 St8ff whose emoluments (ifjGludifjg benefrts butexGludingpension Gonlribiknftsl exceeded£60,000 The number ol staff vAlh emoluments in the range £90,001- £100,000 The number of staff vilh emoluments in the range £80,001- £90,000 The number of staff vilh emoluments in the range £70,001- £80,000 The number of staff vAlh emoluments in the range £60,001- £70,000 In addition the charity paid pension contributions lorthese empbyees of £95,23312024.. £34,838). 2025 2024 2025 £ 2024 £ Rluneraln ofkey fftanageffienlpersonnel 423,118 360.277 Key managernent personnel include the senior managers olour Iccal church, of our school and of our partnership and conferen Page 19
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 6 Grants made Grants made as partofLocal Church activttks- to indiwduals Grants mwje froTn our Care Fund- note14 2025 £ 2024 £ 10,758 3,300 824 4,851 Grants- Care Grants Generd Fund- note 14 Other grants to individuals 163 14,882 5,014 Gr&nts made as p8rtof0urEdSIn aclivittss- to individuals Bursaries in cases ol financiaj need for attendarn at The King's House SchocA, Windsor Grants male fv¢m the pupils, fundraising activities 17,689 227 20,917 93 17,916 21,004 Gr&nts made as p&rtofPartnership 8ctiwlies- lo inslrtulions lo Association Evangdique dAppui au Développemenl Ifordevelopmenl & refugee wrk in Butkina F lo the Joseph Storehouse Trust Ilor humanrtarian aKJ lor all nationalities in Israel) to Youth Outreach Ministry in Malaw, from our'Turn the Tide fund lo Mision Carismatica Inlemacional I'MCI'I in Colombia Grants lo MCI were funded in part by grants received from other ¢hur¢hes Inole 21 lo Mision Carismaii¢a Inlema¢ional I'MCI'I in Miarni USA- building project to M4en David Adom for hurnanitarian relief in Israel lo Holy Land Missions, Bethlehem to Bread of Lrfe Church, Ukraine lo King's Chur¢h International Robertson in South Africa lo Strategic Indigenous Missions Ilor earthquake relief in Morocco) to the Evangelical Allian lo other inststulions 20.004 10,802 7,400 25,004 12,501 8,400 5,198 18,686 5,000 3,714 5,000 3,330 1,500 125 814 429 Gr&nts made as p&rtofPgrtnership 8¢tiwlies- lo individu81s to indi1dUaS in newj in South Africa 8,210 8,076 4,325 2,040 8,542 8,037 3,150 2,000 1,000 17 lo indimduds working in Christian ministy and devdopment in Cobmbia lo IndidaS working in Christian ministy and devdopmenl in the United Kingdom lo indiwduas working in Christian Tninisty and development in Burkina F&0 lo indildaS working in Chrisl'an ministy and development in Israel Other grants to indivkluals Totsl grants made as part ol Partnership adiiAlies 370 89,140 84,976 121,938 110,994 Page 20
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 7 Tangible Fixed assets Freehold land and buildings Fixtures, fittings, & equipment Total Cost al1 November 2024 3,191,825 92,009 456,962 26,449 3,648,787 118,458 disposals at 31 October 2025 3,283,834 483,411 3,767,245 DepfrEci8ln at1 November 2024 76,944 426,412 503,356 charge for the ye disposals at 31 October 2025 14,670 13,261 27,931 91,614 439,673 531,287 Nel&ok Value al 31 Othber 2025 3,192,220 43,738 3,235,958 at l November2024 3,114,881 30,550 3,145,431 Freehdd land and buildings include the property King's House at £1,500,000 and 75 Frances Road at £1,591,985. These vaues include freehold land, which is not depreciated, as well as buiklings. For those buildings the residud value at the end olthe year is not considered materialty different from their canyng value and so no depreciation was charged on those propertses in the year. Freehdd land and buildings also indude building improvements, a modular building and storage oulbu11ngs which are all depreciated. 8 Invesiments 2025 £ 2024 £ Cash hekl at 1 November 440,778 304.461 DisrK)sals l additions to investment Interest earned 218,673 18,533 677,984 124,432 11,885 440,7T8 Cash hekl at 31 October This investment comprises part olihe Property Fund". invested in inteiesl-earning UK dewsit aonts. 9 Capital commitments At 31 October 2025 the charity had no capital commilmenls12024.' nill. 10 Commitments under operating leases The thaity has no commitments lo make kase payments. Page 21
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 11 Debtors 2025 £ 2024 £ Trade debtors 9,098 18,003 40,509 42.329 109,939 4,502 26,438 24,159 44,488 100,187 Gift Aid receivable Ppay1ents and ac¢tued income Other debtors 12 Creditors amounts falling due within one year Trade creditors 2025 £ 2024 £ 35,484 14,453 96,053 32,817 30,464 209,271 44,754 13,445 82,114 15,612 21,495 184,020 Bank loans Accruas and deferred income Taxes and socia security Other creditors arFrounls falling due afteroneyear Bank loans 142,528 151,307 The th&ity has a bank ban secured by first kgal Charge over 75 Frances Road, Windsor which was dravm in January 2014 and is iepayable over 20 year5 With interest charged at 2.25ts/o above the Bank ol England base rate. The loan was obtained to ast wth the purchase and renovation 0175 Frances Road, Windsor. 13 Inter fund loan To maximise returns on the Property Fund and Tninimise the genera charity's borrowing costs, Ihe Property Fund made a loan 01£680,000 in NoveTnber 2018 to the charity's Genera Fund. Interest is charged at the Bank ol England's base rate and included within'Transfers between funds, on the Statement ol Financial Ath'vilies. The General Fund hdds the £780,000 in legl trust lor the Property Fund and il 75 Frances Road, Windsor were lo be sokl the loan would be repaid land may be repaid sooner). This yearlhere has been £105,000 capild expenditure on no75 Frall5 Road. The expenditure financed through an addits.ona £100,000 loan froTn the Property Fund lo the Genera Fund. Page 22
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 14 Fund movements Fund movements in 2025 Balall al Incoming 01 Nov 24 resou$ Outgoing resources Tianslers Balance al 31 Oct 25 RestiiGtedfunds Bethlehem Fund 1,714 1,714 975 Buthna Faso Fund 975 Care Fund 919 11,150 307 10,758 270 chUh in the Community Fund Colombia Fund 128 165 2,803 10,463 200 7,940 200 5,326 Conference Costs Fund Conference Ddegale Fund G12 UK Fund 125 659 712 72 3,550 122 21,592 720 27,166 802 9,124 40 Joseph Storehouse Fund Kidz ub Fund 50,975 1,496 62 52,471 fe Class Fund 62 London Property Fund Mi55ions Fund 3,013 5,479 139,924 3,013 5,479 640 Property Fund School Fund 1,042,545 32,405 1,214,234 72,051 227 72,051 227 S¢hool Fundrwsing for 3rd partEs South Africa BLgnkets Fund 1,366 473 1,366 1,023 3,231 5,838 South Afra Church Fund 675 125 South Africa Kids Fund 3,206 5,838 25 South Africa Property Fund South Africa Relief Fund 6,912 457 140 7,052 276 Tum the Tide Fund 7,219 7,400 Ukraine Fund 337 337 1,112,656 278,091 136,521 32,405 1,286,631 Unrpsliictedfunds General Fund 2,512,541 1,519,449 2,258 1,435,204 9,239 94.613 1,539,056 137,019 10,000 94.614 32.405 2,459,767 3,019 Designated Bursary Fund Designated Missions Fund 2,514,799 1,519,449 2,462,787 Totsl funds 3,627,455 1,797,540 -1,675,577 3,749,418 Page 23
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 14 Fund movements Icontinued) Fund movements in 2024 Balance al Incoming 02 Nov 23 resources Outgoing resources Transfers Balall al 31 Oct 24 R&stiictedfurJds Bethlehem Fund 1,330 450 1,330 -450 Burkin8 Faw Fund Camps Fund Care Fund 201 201 1,217 4,553 373 4,851 -245 919 Church in the Community Fund Colombia Fund 128 11,025 1,840 288 8,222 1,840 163 2,803 Conference Costs Fund Conference Ddegale Fund Earthquake Fund G12 UK Fund 725 25 8T4 - 9,632 947 36,510 2,787 2,623 - 30,428 3,134 - 2,5Ql - 3,550 Israel Fund Joseph Storehouse Fund Kidz ub Fund 122 50,975 50,975 le Class Fund misonS Fund 5,884 13,177 71,292 93 5,884 Property Fund S¢hool Fund 994,093 35,275 1,042,545 71,292 93 S¢hool Fundrising for 3rd partEs South Afra Blankets Fund 1,366 60 1,366 473 South Afra Church Fund 413 South Afr Kids Fund 2,445 509 252 3,206 Soulh Africa Property Fund Soulh Africa Relief Fund 5,838 6,3T3 1,257 5,838 6,912 451 539 Tum the Tide Fund 1,600 . 8,4(10 Ukraine Fund 1.187 650 1.500 337 1,056,915 161,562 141,156 35,215 1,112,656 Unrpslrictedfunds General Fund 2,486,288 1,393,102 -1,233,213 7,742 88.961 134,236 10,000 2,512,541 2,258 Designated Bursary Fund Designated Missions Fund 2 486.28& 1.,19,1. 102 -1.,12.9.916 .75.215 2.,fj14. 149 Totsl funds 3.543.263 1.55Jf.264 -1,471,072 3,627,455 Page 24
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 14 Fund movements Icontinued) Belhlehefft Fund The Bethlehem Fund supwrts Christian witress and humanitsrian work in and around Belhlehem.. Ihe to vthere Jesus was bom. Burkina Faso Fund This fund was created lo support development work and Christian oulre&h in the Country ol Burkina Faso in Wesl Africa. C8mps Fund The thurch organises camps for children and young people, providing Christian teaching and fellowship as 11 as holiday activities. DelaleS are Charged a lee lo er the Cost ol running the camps. The Camps Fund exists to help pay the fees lor those who cannot afford the full amount themselves. ca Fund Through the Care Fund, donations from church members are distributed lo people with short-term finanaa needs.. in accordan wilF the charity's ¢bje¢tive ol helping the needy. Church in Ihe Communify Fund On a few Sundays each year, the Church meets aToss 121(cations, hokling 12 ServIS rather than gathering al its usual venue. Donations are made towards the costs of running these services Colombia Fund This comprises donations given to support the ministy olthe church Mision Carismatica Inlernacional in Colombia. conferen Cosfs Fund Donalions lo this fund are used lo help meet the running wsts ol Christian wnferences operated bylhe charity. Confert Delegate Fund This fund prowdes aSSistsn lor those who wish lo attend a Christian conferell tho olherw5e could not afford to do so. Earthqueke Fund This fund provides relief to those suffering in the aftemalh ol an earthquake and in 2023 prowded assistan in tt)e aftermath ol an earthquake in Turf(ey and Syria and an earthquake in Morctto. G12 UKFund The charity hosts an annual conference lorthose involved in or interested in the G12 neIrk ol churches., as well as other events to train kalers olthese churches. Grants and donations reiVed towards this work are hekj in the G12 UK Fund. A deficit on the fund arose fvom the events run in 2016-2018. The trustees expect this money lo be recovered from future donations lo the Fund. IslFnd Thelsrael Fund was sel up imTnediately lolbwng the l October 2023 attack onlsrael lo make grants lo organisalions providing humanitarian aid in that county. Jos&ph &orehouse Fund This fund makes grants to Vision for Israel to support its Joseph Storehouse project.. an intemationa humanitarian ad centre in Israel providing aid to the wor and needy, both Jewsh and Arab, liwng in the nation ol Israel. Kidz Klub Fund This fund represents donations towards the wsts ol operating Children's ministries known *'Kidz Klub," church-based events with lun aGtivits"es and Biblical leaching that is open and lo children from all b&kgrounds. Lrfe Class Fijnd Life Class is a course designed for new Christians lo supporttheir grovAh in faith. Donations were recVed to support the costs ol running the course. London PropetyFund The London Property Fund has been ¢realed lor donations towards the London thurch property Mi&qonsFund The misonS Fund supports relief and devebpmenl work and proldeS assistan to churches OsS the Page 25
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 14 Fund movements (Gontinugdl Property Fund The Property Fund was p0$ knomm as the Building Fund and exists lo provide finance for ChUh properties. Incoming resou5 consist ol donation5 given together wrth iDlere51 earned on c&h deposits. SchoolFund The School Fund supports King's Church International's work in children's education and specifically The King's House Schod, Windsor.. the primary schod run by the charity. School Fundraising for 3rdparties The pupils of The King's House School, Windsor¢onducl their own fundraising lo support the wrk ol olher¢harities.This fund hokls those Tnonies while fundraising initiatives are underway.. until the Tnoney is paid as a grant to the relevant charities. South Africa Blankets Fund The South Afn"ca Blankets Fund provides blankets lo children and faTnilies in South Africa lack waTTll sheher in the wnter months Soulh Afric& Church Fund The South Africa Church Fund exists to hdp churches in South Africa. South AfvG8 Kicls Fund The South Africa Kids Fund eSt8 lo help charitable worf( among thiklren in South Afri. South Afj7ca prOrtY Fund In 2018 King's Church Internation81 Robertson, South Africa pUrched property lo be used for a thurch buikling, its Kidz Kiub chikjren's ministry and its other charitable act1711es. The South Africa Property Fund was created to provide support lo facilitate this purchase and future costs of church properties in South Africa. South Afr8 RelielFund Donations lo this fund are used to help people in need in South Africa. Tum Ihe T Fund The Turn the Tide Fund supports chil&headed households in Malaw and elsevthere in Southern Africa.. provhling them with food and dolhing thereby enabling them to attend school. Ukraine Fund The Ukraine Fund was launched in March 2022 in response lo the invasion of the ¢ounlry. All donations are forwarded to estsblished ielydl agencie5 forthrOrk in response lo the Grisi5.' in Ukrane or aTnong it5 ielugees. Des1n8tedfvrtdS a unrestrictedmonies thal the Imstees have deded to selapart lora Spe puwose.. Dp&gnated Bursary Fund Funds set aside in the Degnated Bursary Fund lo ensure the charity has the resources to provide bursaries each yearfor pupils to attend The King's House School, Windsor and ensure the Christian edLJ¢alion il prOdeS is available to peOe from all sociTreconomic backgrounds. D&signatedMigsions Fund Ten per nI la lilhe'l ollhe unrestricted donations we receive lex¢epl those given in response lo an appeal a sel aside in a Designated Missions Fund lo support churches across the workj, relieland development work, and chrisb.an projects In educab"on. This comprises our Designated Missions Fund. Page 26
DoGusign Envelope ID". 050EA671.552U26F-837EA557D797DE2E NOTES TO THE ACCOUNTS year ended 31 October 2025 KING'S CHURCH INTERNATIONAL 15 Related party transactions and trustee expenses and remuneratio RemUneraln Pa10 Irustees andlheiiclose r8lalives None olthe trustees reiVed any remuneration from the charity during the year12024.' none). During the year, four empbyees who are cbse relab'ves ollwstees re¢eived lotsl mneratIOn linduding pension ¢ontributionsl 01£94,26012024.. four employe re1Ve £82,304). All remuneration w& paid in awordance with the charity's standard employmentterms and the salary bands sel by the Rernuneralion Committee and School Board. Trustee expensesand ofherpayments regarding trustees During the year, one Iwslee was reimbursed expenses loldling £6312024". £nill. These expenses related lo trustee training and other costs incurred in the course olcarrying outlrustee duties. No other payments were made lo trustees during the year12024'. none). No trustees receiwj thank you gifts during the year12024.. £1681. Don*tons from rel8ledparties The tharity re1Ve donations from trustees, key managernent personnel and from their cbse larnilies. The Iota donations received from these individuals was £135,92012024.' £128,295). R&lalMships with ofhercharils None Page 27