CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 **CHRISTIAN LIFE FELLOWSHIP (CITY FAITH MINISTRIES TRUST)** **Statutory Financial Statements & Trustees Report 31[st] December 2025** **Charity No. 1045627** CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **Legal and Administrative Information** **Registered Charity Name:** City Faith Ministries Trust (CFMT) **Charity Number:** 1045627 ## **Principal Office Address:** 87 Trafalgar Road Greenwich London SE10 9TS ## **Trustees** - Mr Enoch Amoah - Mr Philip Hill - Mr Michael Amoah - Mr Nnaemeka Umeadi - Mr Martyn Reay (retired Jul 2025) - Mr Emmanuel Kodua ## **Accountant / Independent Examiner** Rev Dr Olu Olasode PhD FCCA TL First Accountants & Consultants 1 Copers Cope Road Beckenham Kent BR3 1NB ## **Bankers** - Natwest Bank Plc - HSBC Bank Plc - Barclays Bank Plc - Pentecostal Community Bank Plc ## **3. About the Charity** ## **Background / Legal Identity** City Faith Ministries Trust (CFMT) is the charity name under which Christian Life Fellowship (CLF) is registered. CFMT is a non-denominational Church and a member of the Evangelical Alliance (UK). 1 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **Mission Statement** A global family of Churches and ministries committed to making disciples of Jesus Christ as a Christ-centred purpose-driven Church. ## **Vision Statement** Our vision is to make disciples of Jesus Christ by planting and establishing local churches in every nation as the Lord Jesus Christ leads. We also fulfil our vision through leadership development in partnership with other churches and ministries within the body of Christ in those nations. ## **Core Values** - Integrity - Loyalty - Stewardship - Unity - Love - Humility - Fear of God - Gratitude - Discipleship - Excellence ## **Funding Model** We secure financial resources through: - the generosity of CLF members and the broader community; - a recommended 15% tithe of tithes from local UK churches; - fundraising revenue from corporate events, publications and media initiatives; and - other legal funding avenues aligned with our values. ## **4. Governance, Structure & Management** ## **Governance Model** CFMT operates as the registered charity for CLF, a non-denominational church and member of the Evangelical Alliance (UK). CFMT is governed by a board of trustees in compliance with legal, administrative and charitable obligations. ## **Trustee Responsibilities** The trustee board collaborates with the Global Executive Board (Presbytery) and the International Council of CLF Elders, representing regions where CFMT operates. CFMT’s responsibilities include: - upholding CLF’s mission, vision, doctrinal, and lifestyle standards; 2 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 - coordinating corporate events and media activities in the UK and globally; - managing existing UK church properties and supporting ministries without separate legal status; - overseeing ordination processes, CLTI (Bible School), and CLM Trust (our missions arm); and - collaborating with the International Council of CLF Elders, representing diverse regions. ## **Leadership Structure** The trustee board works alongside the Presbytery and the International Council of CLF Elders. ## _International Council of CLF Elders (as of December 31, 2025)_ This council comprises elders who represent various nations and regions under the leadership of CLF-ordained ministers. The current members include: - Kwame John Dompreh (General Overseer, Global) - Philip Hill (Regional Overseer – India, and RSA) - Peter Mensah (Regional Overseer – Sierra Leone, Kenya, and Liberia) - Enoch Amoah (Regional & National Overseer – Ghana) - Apostle Hassan Kamara (Acting National Overseer – Sierra Leone) - Evans Koomson Kwarteng (National Overseer – Kenya) - Carlton Lavally (National Overseer – Liberia) ## **Decision-Making Bodies** Strategic and legal decisions are made through the board of trustees in conjunction with the apostolic direction of Presbytery, drawing on the counsel of the International Council of CLF Elders. ## **Oversight Arrangements** CFMT operates under the spiritual and procedural oversight of the Presbytery in conjunction with the board of trustees. ## **Leadership Development** ## _Membership Discipleship Program (MDP)_ The MDP, including CLTI, is a rigorous and intentional seven-stage process for developing members: - Stage 1 – New Believers Course - Stage 2 – New Members Orientation Course - Stage 3 – Spiritual Maturity Course (Christian Discipleship Course) - Stage 4 – Ministry Orientation for Church Workers - Stage 5 – Leadership Orientation Course - Stage 6 – Ministerial Training Course 3 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 - Stage 7 – Ordination Process ## _Christian Life Training Institute (CLTI)_ CLTI is the Bible School initiative of CLF. It aims to serve our mission and vision to make disciples of Jesus Christ by equipping our members and the wider body of Christ with a Christ-centred perspective to life and ministry. CLTI offers two flagship courses – the Ministerial Training Course (MTC) for the spiritually mature, and the Christian Discipleship Course (CDC) for believers who desire to be equipped as Disciples of Christ. CLTI also offers other short courses in a variety of subjects and is currently established in the following countries: - United Kingdom: - Ministerial Training Course - Christian Discipleship Course – Prayer School - Kenya – Christian Discipleship Course ## **Stats** ## _United Kingdom_ - New Converts: 0 - New Believers: 0 - MDP: 2 - Baptism: 6 - MTC completion: 12 ## **5. Activities Report (Trustees’ Report Narrative)** ## **Regional / Programme Updates** _United Kingdom_ - General Overseer: John Dompreh - Churches: 4 (CLF Life Centre, CLF Medway, Woodford Christian Life Fellowship, and City Faith Ministries Trust aka CLF Greenwich) - Membership: approximately 200 Key UK events and activities in 2025: - Missions Month: Held in March and October, promoting evangelism and outreach. - 12-Hour Prayer: Conducted in November. - 3 days of prayer and fasting: Observed in the last week of every month. - Tipping Point Services: Held on the first Friday of each month. - Midweek services: Every Wednesday, subject to the three days of prayer and fasting week. 4 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 - Leader’s training – counselling: 10 August. - Beach Trip to Margate: 6 September, nurturing relationships and strengthening fellowship. - Life Chat with Pastor John (PJ): Meetings with different demographics in the church, listening and encouraging them in their context. ## _India_ - Regional Overseer: Philip Hill - 10 churches: 1 in Chennai and 9 in Andhra Pradesh, with a total membership of 180 (120 in Andhra Pradesh, 60 in Chennai). The church in Chennai is reaching out to women from Hindu backgrounds through dressmaking training. In Andhra Pradesh, Gospel Torch hosted a Tribal Pastors Conference and a children and youth retreat in the tribal missions’ field. Churches continue to progress, and the church in Gadaparaayi is extending its building due to growth in numbers. ## _South Africa_ - Regional Overseer: Philip Hill - 1 church (Fresh Start Sada) with 35 members. Pastor Martyn led a missionary trip to South Africa in April, which coincided with a Passover Week event hosted by Fresh Start Sada, involving many churches from the community. ## _Ghana_ - Regional & National Overseer: Enoch Amoah - Notable events and activities in 2025: - A missionary team from the UK visited Ghana. - Bible student graduation took place. - Two joint services were held, one in the Eastern region and one in Greater Accra. - Pastor John Dompreh undertook a mission to Ghana for a Pastors and Leaders meeting in Accra and the Eastern region. - Five cell pastors were commissioned at CLF Christhouse. - MDP training was conducted for Kingdom service personnel. ## Church summaries: |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Achimota|19|24|32|Hosted an Easter convention;
fundraising for a church
building project.| 5 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Kotobabi|32|14|11|| |Kasoa|51|Youth &
young adult
church|4|Induction of cell pastors;
Bus2Bus outreach; 'Charlewote'
outreach (Lets Go).| |Teacher
Mante|15|4|12|| |Moree|Not
active|||| |Kyebi
Afiasa|50|10|20|Held crusades (three times);
one baptism.| |Moseaso|22|10|14|Quarterly fasting and prayers.| |Abomoso|18|12|19|| |Apapem|Folded|||| |Habitat|Not
active|||| |Koforidua|Not
active|||| _Sierra Leone_ - Acting National Overseer: Apostle Hassan Kamara ## Church summaries: |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Port Loko|–|–|17|| |Marfoki|26|–|28|| 6 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Touching
Lives Church|26|–|–|Young adult church; yearly
'Apantao' 10-day fasting and
prayer camp meeting.| |Ropolon|22|8|26|Yearly camp meeting for the
community (community church).| |Tiama|Pastoral
issues|||| |Benga|Pastoral
issue|||| |Masiaka|Folded|||| ## _Kenya_ - National Overseer: Evans Koomson Kwarteng ## Church summaries: |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Buruburu|29|–|20|Received a missionary visit from Ghana and
the UK; held a children's yearly event.| |Uthiru|13|–|16|| ## _Liberia_ - National Overseer: Carlton Lavally ## Church summaries: |||||| |---|---|---|---|---| |Church|Adult|Youth|Children|Remarks| |Polotorie|–|–|–|Youth Prayer Fellowship, 24–30 April 2025.| 7 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **Ministries** ## **The Tabernacle and The Altar (TTTA)** ## _Ministry Head: Rebecca Sotomi_ The Tabernacle and The Altar provides a safe space to abide in the Lord’s presence, seeking to behold Jesus as Lord. It is a time to sit at the feet of Jesus and simply be, learning the art of abiding — creating space to hear God, be quiet, and listen. Out of the stillness, attendees respond to the Holy Spirit in worship creatively, spontaneously, prophetically, and artistically, through prophecy, art, spontaneous or new songs, and journaling. Over 20 volunteers serve in this ministry. During the year, TTTA hosted six Night of Worship events, each providing a relaxed space for people to encounter God and be refreshed: - 24 January 2025 | In Person | 26 attendees - 14 March 2025 | In Person (held in Kenya) | 12 attendees - 11 April 2025 | In Person | 30 attendees - 22 August 2025 | In Person | 25 attendees - 30 August 2025 | In Person (Team Refuelling Day) | 15 attendees — a creative space for the team to fellowship, be refreshed, and journal. - 28 September 2025 | In Person (held in Ghana) | 20 attendees ## **Daughters Of The King (DOTK) / International Christian Women’s Network** ## **(ICWN) / FoodBank** ## _Ministry Head: Sheron Hill_ This ministry exists to empower women through prayer, missions, and leadership. Between 11 and 20 volunteers serve across its activities, which include weekly midnight Watch prayer nights focusing on prophetic prayer. Three key events were held during the year: - 15 February 2025 | Mentorship: “Women Called to Discipleship” | In Person | 14 attendees. Teaching focused on the call of discipleship, examining women in the New Testament and how God used them. Ladies worked together in groups, building teamwork, fellowship, and leadership. - 15–30 September 2025 | Missions to Brazil | In Person | 4 attendees. The team travelled and ministered in three cities, ministering to a family in Rio, preaching and helping a pastor in Bahia, and visiting a women’s refuge in Belo Horizonte. A total of £3,000 was raised through fundraising to support this work. - 11 October 2025 | Kingdom Wives Luncheon | In Person | 12 attendees. A time of food, fellowship, and answering questions regarding marriage, alongside prayer and prophetic input, aimed at strengthening wives and building relationships. 8 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **InsideOut** ## _Ministry Head: Alison Smith_ InsideOut impacts the daily lives of ex-prisoners by giving room for the Holy Spirit to minister at liberty and providing a platform for ex-prisoners to build links with one another, harness strength, and advance their lives. A team also conducts Sunday services at HM Prison Belmarsh five times a year, offering spiritual support through preaching on hope and restoration, worship, and prayer ministry. Post-release support is provided by connecting individuals with local church communities to foster belonging. Over 20 volunteers serve in this ministry, which hosted 13 events during the year. Key events included: - Monthly BlessUp Gatherings | Hybrid format | Average attendance 17. These gatherings aim to improve ex-prisoners’ daily lives and journeys through shared meals, fellowship, worship, discussions, prayer, and activities. Several men found employment through connections made at BlessUp, and many built healthier friendships, moving from isolation into a supportive community. The ministry also provided signposting to agencies such as food banks, funded travel to opportunities including the Hillsong Conference at Wembley Stadium, and offered prayer and emotional support to individuals facing court cases and social services investigations. Support was also extended to partners of ex-prisoners in challenging circumstances. - 10 August 2025 | Summer Picnic | In Person (Greenwich Park) | 55 attendees. This annual event welcomed men and their families to enjoy time together in a relaxed outdoor setting. It provided a moment of thanksgiving and praise, with families sharing testimonies, and created space for supporters and volunteers to reconnect. The public setting also allowed for natural outreach. - 6 December 2025 | Christmas Dinner | In Person | 65 attendees. A warm, celebratory gathering centred on thanksgiving for the year, worship, shared testimonies, and a Christmas meal. Men were recognised and presented with personalised Christmas cards. Letters of encouragement were given and deeply appreciated. The evening also served to thank donors and supporters, and set a positive focus for the year ahead. ## **Men of Action** ## _Ministry Head: Meka Umeadi_ Men of Action provides a forum for men and male youth to pray, fellowship, discuss, and be taught the Word, equipping them as fathers, sons, husbands, brothers, and children of God for the advancement of God’s kingdom and the fulfilment of their purpose. A small team of 1 to 5 volunteers serves this ministry. One key event was held: - 13 September 2025 | Kingdom Sons Assembly | In Person | 32 attendees. Men and male youth gathered to pray, receive encouraging teaching on the theme 9 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 “Feed My Sheep,” fellowship, eat, and discuss. Attendees were encouraged, relationships were strengthened, and identities as men were reinforced. ## **Kingdom Marriages** ## _Leader: Philip Hill_ Kingdom Marriages is focused on building lasting relationships. Three key activities took place: - 20 September 2025 | Kingdom Marriage Seminar | Theme: “Unity” | 36 attendees. - October 2025 | Kingdom Wives event | 15 wives in attendance. - November 2025 | Marriage Forum event | 20 attendees. ## **Neraiah Nea Academy (NNA)** ## _Leader: Janet Doughan_ Purpose: This Academy seeks to provide an exceptional learning environment rooted in biblical principles. ## **Abiding In Christ (AiC)** ## _Leader: Marilyn Mensah_ Purpose: Empowering women to be relevant disciples of Christ by utilizing their gifts and talents on the mission field. Volunteers: 1-5 ## **6. Financial Review** The financial statements for the year ended are included in the accompanying report and accounts providing detailed summary and highlights of income, expenditure and financial position. ## **7. Plans for Future Periods** ## **Formed to Follow, Connected to Flourish** We will deepen discipleship through cell groups, intentional mentoring, prayerful shepherding, and practical teaching. Our aim is to build a united, relationally healthy church where every believer matures and helps others do the same. ## **Revival Fire and Raising a Radical Next Generation** A rhythm of prayer, fasting, and Holy Spirit dependence will be strengthened, including two 12‑hour prayer gatherings and regular half‑night meetings. We will disciple children and youth through mentoring, an annual conference, and active involvement in Sunday services. 10 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **Missions: Operation “Win at Least One Soul a Year”** We are shaping a missional culture across all ministries, with a target of every member reaching at least one person for Christ annually. Plans include clear mission budgets, mission trips (Brazil, Ghana, and others), child sponsorship renewal, and equipping memlbers for global service. ## **Securing a Multi‑Purpose Church Building in London** We are progressing toward purchasing a dedicated facility for worship, discipleship, training, and outreach. This will be driven by the Building Committee, faith‑based giving, and regular teaching on stewardship and vision. ## **Growing as a House of Prayer** Prayer will become even more central to our identity. We will maintain weekday prayer meetings, host extended 12‑hour gatherings three times a year, and encourage consistent prayer rhythms across cells and leadership. ## **Completing the Restructuring and Centralisation of CLF–UK** A designated sub-committee is finalising the reorganisation process under Presbytery oversight. A formal report will be delivered, outlining clear structures and next steps to unify and streamline governance, align vision, and strengthen ministry delivery for our organisation. 11 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **INDEPENDENT EXAMINER’S REPORT** I report to the trustees on my examination of the accounts of the City Faith Ministries Trust (the Trust) for the year ended 31 December 2025. ## **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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I am qualified to undertake the examination by being a qualified member of the Chartered Association of Certified Accountants (ACCA) and Fellow of the Association (FCCA). I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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. ## **March 2026** **Rev Dr Olu Olasode PhD APSA FCCA Chartered Certified Accountant TL First Accountants Limited TL First Limited** 12 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 |**STATEMENT OF FINANCIAL ACTIVITIES**
**INCOMING RESOURCES**
Grants and Donations (incl. Gift Aid Received)
Investment income
Other Incoming Resources
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Costs of Activities in Furtherance of the**
**Company’s Objects**
Charitable Activities
Governance Costs
**Total Resources Expended**
**Net Incoming / (Outgoing) Resources**
**Total Funds Brought Forward**
**Reserves Adjustments/PYA**
**Total Funds Carried Forward**|**2025**
**2025**
**2025**
**2024**
**Restricted**
**Unrestricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
307,382
307,382
254,856
2,535
2,535
595
23,403
23,403
60,028| |---|---| ||**0**
**333,320**
**333,320**
**315,478**
212,010
212,010
252,010
23,655
23,655
11,234| ||**0**
**235,665**
**235,665**
**263,244**
**0**
**97,655**
**97,655**
**52,234**
**0**
**767,251**
**767,251**
**681,090**
**27,667**
**27,667**
**33,927**| ||**0**
**892,573**
**892,573**
**767,251**| _**There were no recognised gains or losses for the year, other than those included in the Statement of Financial Activities.**_ 13 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 |**BALANCE SHEET**
**FIXED ASSETS**(Note 5)
**CURRENT ASSETS**
Debtors
Cash and Bank
**CURRENT LIABILITIES**
**Creditors**- within one year (Note 7)
**NET CURRENT ASSETS**
**Creditors**– Not within one year (note 8)
**NET ASSETS**
**CAPITAL AND RESERVES**
Designated Funds
Unrestricted Funds
Other Reserves
**NET ASSETS**|**2025**
**£**
10,000
646,824
(29,167)|**2025**
**£**
264,916
892,573
-|**2024**
**£**
2,739
524,840
(25,244)|**2024**
**£**
264,916
502,335
-| |---|---|---|---|---| |||||| |||**892,573**||**767,251**| |||102,070
790,503||102,070
665,181| |||**892,573**||**767,251**| **Approved by the Board of Trustees on 6th May 2026 and signed on their behalf** **-----------------------------------------------------Trustee** 14 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **NOTES TO THE FINANCIAL STATEMENTS** ## **1. BASIS OF PREPARATION** ## **1.1. Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: 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 with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. ## **1.2. Going Concern** The charity is a going concern and the accounts have been prepared on a going concern basis. ## **1.3. Change of accounting policy** There is no change of accounting policy during the period. ## **1.4. Changes to accounting estimates** There is no change to accounting estimates during the period ## **1.5. Material prior year adjustments** There are no material prior year adjustments during the period. ## **2. ACCOUNTING POLICIES** ## **2.1. Income** ## **Recognition of** These are included in the Statement of Financial Activities (SoFA) when: **income** - the charity becomes entitled to the resources; - it is more likely than not that the trustees will receive the resources; and - the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, **Offsetting** unless required or permitted by the FRS 102 SORP or FRS 102. **Grants and** Grants and donations are only included in the SoFA when the general income **donations** recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as 15 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. **Government** The charity has received government grants in the reporting period **grants** Gift Aid receivable is included in income when there is a valid declaration **Tax reclaims on** from the donor. Any Gift Aid amount recovered on a donation is considered to **donations and** be part of that gift and is treated as an addition to the same fund as the initial **gifts** donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income and** This is only included in the SoFA once the charity has provided the related **performance** goods or services or met the performance related conditions. **related grants** Donated goods are measured at fair value (the amount for which the asset **Donated goods** could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. **Donated** Donated services and facilities are included in the SOFA when received at the **services and** value of the gift to the charity provided the value of the gift can be measured **facilities** reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs** The charity has incurred expenditure on support costs. The value of any voluntary help received is not included in the accounts but is **Volunteer help** described in the trustees’ annual report. 16 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 **Income from interest,** This is included in the accounts when receipt is probable, and the amount **royalties and** receivable can be measured reliably. **dividends Income from** Membership subscriptions received in the nature of a gift are recognised in **membership** Donations and Legacies. **subscriptions** Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. **Settlement of** Insurance claims are only included in the SoFA when the general income **insurance** recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as **claims** an item of other income in the SoFA. **Investment** This includes any realised or unrealised gains or losses on the sale of **gains and losses** investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **2.2. Expenditure and Liabilities** **Liability** Liabilities are recognised where it is more likely than not that there is a legal **recognition** or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance costs and other **Governance and** support. Governance costs comprise all costs involving public accountability **support costs** of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a **Grants with** specific level of service or output to be provided, such grants are only **performance** recognised in the SoFA once the recipient of the grant has provided the **conditions** specified service or output. **Grants payable** Where there are no conditions attaching to the grant that enables the donor **without** charity to realistically avoid the commitment, a liability for the full funding **performance** obligation must be recognised. **conditions Redundancy cost** The charity made no redundancy payments during the reporting period. **Deferred income** No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any **Creditors** trade discounts **Provisions for** A liability is measured on recognition at its historical cost and then 17 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 **liabilities** subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as **Basic financial** per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per **instruments** paragraphs 11.17 to 11.19, FRS102 SORP. ## **2.3. Expenditure and Liabilities** **Tangible fixed** These are valued at cost and capitalised if they can be used for more than one **assets for use** year, and cost at least £1,000 **by charity** The charge for depreciation is calculated to write off the cost of the fixed assets over their useful lives on the following bases: Office & Musical Equipment 25% on the reducing balance Furniture & fittings 25% on the reducing balance Motor Vehicles 25% on the reducing balance Freehold Office 1% on the Straight Line Method Assets are depreciated from the time at which they are brought into use. **Intangible** The charity has intangible fixed assets, that is, non-monetary assets that do not **fixed assets** have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. **Heritage assets** The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments. Stocks held for sale as part of non-charitable trade are measured at the lower **Stocks and** or cost or net realisable value. **work in progress** Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. 18 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. ## **Debtors** Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. ## **Current asset investments** The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. ## **3. GRANTS & DONATIONS** |Donation (incl Gift Aid Received)
Gift Aid Accrued
Designated Building Fund
Contributions from Affiliates
Other Income|**2025**
**2025**
**2025**
**2024**
**Restricted**
**Unrestricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
286,335
286,335
254,418
-
-
-
-
-
438
21,047
21,047
24,367
25,938
25,938
36,256| |---|---| ||**0**
**333,320**
**333,320**
**315,478**| 19 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **4. RESOURCES EXPENDED** |**Analysis**
**of**
**Resources**
**Expended**
**Direct Costs:**
Services & Events
Departmental /Project Support
Evangelism & Missions
Staff Costs
**Indirect Costs:**
Office and Admin Costs
Governance Cost
**Total Resources Expended**|**Cost of**
**Charitable**
**Activities**
**Governance**
**Cost**
**Total**
**2025**
**Total**
**2024**
56,319
56,319
78,747
20,696
20,696
28,483
35,438
35,438
32,147
83,778
83,778
89,900| |---|---| ||**196,230**
**0**
**196,230**
**229,277**
15,781
15,781
22,733
23,655
23,655
11,234| ||**15,781**
**23,655**
**39,436**
**33,967**| ||**212,010**
**23,655**
**235,665**
**263,244**| 20 CHRISTIAN LIFE FELLOWSHIP FINANCIAL STATEMENTS AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2025 ## **5. FIXED ASSETS** |**5. FIXED ASSETS**|||||| |---|---|---|---|---|---| ||**Freehold**|**Furniture &**|**Mus./Office**|**Motor**|| ||**Office**|**Fittings**|**Equipment**|**Vehicle**|**Total**| ||**£**|**£**|**£**|**£**|**£**| |**COST**|||||| |At 1 January 2025|301,742|11,485|105,687|12,151|431,065| |Additions|||||| |Disposals|||||| |**At 31 December 2025**|**301,742**|**11,485**|**105,687**|**12,151**|**431,065**| |**DEPRECIATION**|||||| |**Accumulated Depreciation**|36,826|11,485|105,687|12,151|166,617| |**Charge for the year**|||||| |**At 31 December 2025**|36,826|11,485|105,687|12,151|**166,617**| |**NET BOOK VALUE**|||||| |**At 31 December 2025**|**264,916**|**0**|**0**|**0**|**264,916**| |**At 31 December 2024**|**264,916**|**0**|**0**|**0**|**264,916**| |**6. DEBTORS**|||**2025**||**2024**| ||||£||£| |Staff Advances|||-||2,739| |Deferred Missions Appeal Income|||10,000||| ||||**10,000**||**2,739**| |**7. CREDITORS**- falling due within|one year||**2025**||**2024**| ||||£||£| |Other Creditors & Accruals|||29,167||25,244| ||||**29,167**||**25,244**| |**8. CASH AND BANK BALANCES**|||||**2025**| ||||||£| |Total for Cash and bank in hand||||**646,824.14**|| 21