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← The Good Shepherd Mission

2025-03-31-accounts

The Good Shepherd Mission

Report and Accounts Year ended 31 March 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

THE GOOD SHEPHERD MISSION

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

Trustees Darren Prince Jenny Bollans Sally Dixon (resigned October 2024) Pip Chisholm Katherine Gough Ryan Lynch Simon Martin Company Secretary Sally Dixon Governing Document Memorandum and Articles of Association dated 9th March 1995 Company Registration Number 03031141 Charity Registration Number 1047068 Registered Office & Principal 17 Three Colts Lane Address Bethnal Green London E2 6JL Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers Barclays Bank plc 1 Churchill Place London E14 5HP

Contents Page
Company Information 1
Trustees' Annual Report 2-8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12-19
Detailed Statement of Financial Activities with Comparatives 20

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GSM Trustees’ Report 2024-25

The Good Shepherd Mission

Trustees’ Annual Report (incorporating Directors’ Report)

For the year ended 31 March 2025

The Trustees, who are the Charity's Directors for the purposes of Company Law, have pleasure in submitting the Report and Accounts for the year.

Objectives and Activities

The objects of the Charity as set out in our Constitution are:

These objects are pursued through a range of activities in the different areas of the Charity’s work which are summarised below. These are generally led by teams comprising Staff members, Mission members and others from across the East End.

We are mindful of the public benefit tests for charities and have complied with the duty in the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. Our midweek activities and Sunday meetings are open to all and are accessed by a wide range of people of varied ages and backgrounds.

Mission Statement

Values

  1. We want everything we do to result in the worship of Jesus Christ.

  2. We are a community on mission together.

  3. We welcome people from all walks of life through our hospitality.

  4. We walk with people for the long term.

  5. We use innovation to creatively adapt and change how we do things.

  6. We are motivated by love demonstrated in words and action.

  7. We partner with others who share our Kingdom focus.

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GSM Trustees’ Report 2024-25

Staff Changes

There were no major changes to the GSM Staff Team this year. This continuity provided a measure of stability for the Team to build on. Marie, in her role as Caretaker, increased her hours to support the demands of ongoing building works in our well-used building. Chris, our new cleaner, significantly raised cleanliness standards bringing a professional and diligent approach to the role.

Trustee Update

Sally Dixon stepped down as a Trustee in October 2024 but continues to serve as Treasurer. The GSM Trustees remain active in prayer and planning, focusing on outreach to the three key people groups: children and young people, asylum seekers, and those in recovery. They are also engaged in strengthening the Mission’s financial position and advancing the central themes from last year – Hunger, Holiness, and Harvest – which have been woven into the Mission’s ongoing projects.

Sunday Services

Sunday morning gatherings continue to be the heart of GSM life, combining prayer, worship, and teaching, with an online option for those unable to attend in person. The teaching series included a look at the books of Daniel, 2 Timothy and Titus; an emphasis on God’s Kingdom from the Gospel of Luke; What’s Love Got To Do With It, seeking to apply our faith to our everyday frontlines; and Know Your Enemy, covering the world, the flesh and the devil. Times of corporate and individual prayer - both silent and led - remain central, alongside prayer ministry offered during worship.

Welcome Team

The Welcome Team has a key role each Sunday, greeting newcomers and regulars with warmth and hospitality. GSM is positioned in a prominent spot, so welcomers assist visitors, answer questions, and extend invitations to wider church life. By offering a consistent and friendly presence, they help create a sense of belonging that continues beyond our front doors.

Prayer and Small Groups

Prayer is fundamental to our community’s spiritual vitality. Weekly rhythms include online prayer on Mondays and Thursdays, and early morning in-person gatherings on Thursdays. We consider personal, local, church-wide, and global concerns, read Scripture and enjoy fellowship. Our monthly Day of Prayer, Praise, and Fasting continues, where devotionals prepare us for personal and communal times led by different people. Across the church community informal partnerships, small groups, a Monday Homegroup, and prayer-walkers engage in ongoing intercession and deepen spiritual relationships.

Several Discovery Bible Study (DBS) groups continued throughout the week and remain key spaces for people exploring faith. A new group launched in June for English language learners, many of whom are asylum seekers. These groups offer accessible, discussion-based discipleship, often leading to wider engagement with church life and spiritual growth.

The Empowered for Mission (E4M) course concluded in May, covering topics such as spiritual authority, blessing, hearing from God, inner healing prayer, physical prayer, Royal Priesthood and strategic prayer. A direct link and invitation was made for E4M participants to apply these prayer tools in their everyday settings and consider the ‘gospel saturation’ approach to making disciples. This resulted in new Bible studies forming outside of church circles with work colleagues, friends and families.

Growing Community

The year has been marked by joyful celebrations, such as a key volunteer’s wedding locally, our monthly Sunday Lunches, and our usual Christmas service followed by a festive meal for 80 offering a family style setting for many to enjoy who might otherwise miss out on good food and the company of others. Termly Community Lunches brought together people from various midweek groups, providing connection, hospitality, and opportunities to share life and faith around the table.

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GSM Trustees’ Report 2024-25

Hosted Groups

The Mission building continues to host multiple recovery groups weekly (AA, NA, SAA, SLAA) and there is crossover with our Bible study groups and Sunday services. In October, a residential was facilitated for people in recovery who are regulars in either the Sunday services or the mid-week Bible studies. Our ongoing rich partnership with Arch 76, a local charity supporting vulnerable women through shared meals, Bible studies, and well-being activities including Zumba and Pilates, continues to see them use our building for their own programme. [ Alcoholics Anonymous, Narcotics Anonymous, Sex Addicts Anonymous, Sex and Love Addicts Anonymous]

Community Hub

Twice-weekly ESOL classes (English for Speakers of Other Languages) support language development and integration for people from diverse backgrounds. Alongside this, our Cinema Club and Pool Club create relaxed social spaces that build connection and trust.

Commitment to Community

Through our Staff and a significant number of volunteers giving of their time, talent and treasures, GSM remains committed to fostering relationships and seeing lives transformed through the love of Jesus. We look forward to continuing this vital work in the years ahead both in our building and out in our community.

Sustainable Heating Upgrade Project

In November 2024, contractors began work to upgrade the Mission’s electricity supply, insulate the Main Hall and Entrance Lobby, replace the obsolete gas boiler with air source heat pumps, and install energy-efficient lighting throughout the building. This complex and essential project has taken considerably longer than anticipated. Specialist contractors travelled in to carry out the various phases of the work, including the use of a crane to lift the heat pumps onto the roof – a significant logistical undertaking.

The process brought unavoidable disruption, with builders’ dust, noise, and fluctuating temperatures affecting regular activities. Yet throughout, we were reminded of the character and quirks of our beloved building, learning more about its structure and resilience along the way.

We are deeply grateful to all involved: the skilled and considerate tradespeople, the Mission staff who managed the project day-to-day, key volunteers who supported as needed, and Tower Hamlets Council for their grant funding. We also thank our building users for their patience and understanding during the cold and often inconvenient winter months. We now look forward to the benefits of a warmer, more welcoming, and environmentally sustainable space by winter 2025.

Splash

Splash is our primary-aged Sunday School group which meets weekly during the church service. The group follows The Biggest Bible Story Curriculum, which spans the entire Bible in 104 sessions. Currently they are working through the Gospels and the life of Jesus. We have eight children in the group and pray for more – two will transition to the older group after the Summer break. The Splash Team comprises eight leaders who rotate between leading sessions and a supporting role. Highlights have included watching the children grow in confidence to discuss the Bible; listening to them share about their own lives; seeing their friendships deepen; and receiving certificates as they complete each section of the curriculum.

Women ’ s ESOL

Our Women’s ESOL class runs on Thursdays during term time and welcomes around 15 students each week with five different nationalities. Sessions combine a warm-up activity, story time with questions, small group conversation, plus practice in listening, speaking, reading, and writing skills across three levels of English proficiency. The class is staffed voluntarily by three church members and continues to offer a supportive, encouraging space for language development and friendship. A recent visit to Oxford House provided a valuable learning experience for the group.

Wednesday ESOL

Each Wednesday, we host a vibrant ESOL session. Up to 15 men and women of as many as eight different nationalities gather in small, mixed-language groups, each supported by a facilitator. No participant is placed with

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GSM Trustees’ Report 2024-25

another who shares their first language – Ukrainian students engage with Chinese and Bangladeshi learners, for example – encouraging lively and often laughter-filled interaction. English is the sole language spoken, fostering both confidence and communication. There is great joy in spending time together, trusting that some may, in time, be drawn to explore faith in Jesus.

Through The Roof (TTR)

The TTR ministry has continued to support multiple outreach projects this year, including Monday Night Outreach, Genesis Football Club, (Adult) Pizza & Pool, and Cinema Club. Whilst hosting the GrowTH Night Shelter one night a week had to be paused this winter due to our heating upgrade works, a regular rhythm of Community Meals – held every six weeks – was established, offering hospitality and connection for a wide range of guests.

A new initiative launched this year, in partnership with This is GrowTH, was Al Massira. We welcomed Night Shelter guests and volunteers to explore the prophet stories, Jesus ’Gospel, and their big life-questions, through open discussion and honest sharing. We connected with people from other major religions in the Middle East and North Africa, introducing them to Christianity. Over six months, 35 people attended Al Massira, with four making commitments to follow Christ.

A key highlight of the year has been the growing partnership with the GrowTH Day Centre. Once or twice weekly visits occur to accompany guests for devotionals, testimonies, and social activities. These connections have deepened relationships and allowed TTR to walk alongside individuals at various points in their spiritual and personal journeys.

We also initiated a partnership with Integrated Offender Management (IOM). Following a meeting with the Metropolitan Police, TTR received four referrals from the Town Hall in Whitechapel. These individuals are now being supported through various GSM initiatives to aid reintegration into society.

Treasure Seekers

Treasure Seekers has grown into a deeply personal and transformative ministry, especially for our youth and young adults. Originally focused on vocational calling, it has become a place of rediscovered purpose for many involved.

Throughout 2025, teens and young adults have taken steps into mission, youth leadership, worship leading, and Bible study. A small team went to South Africa in August 2024 to support the children’s programme for a missions conference with GSM partner organisation InnerChange.

The trips were a catalyst in shaping faith and character, with activities such as caving and rock climbing paired with prayer, reflection, and worship. These experiences helped participants overcome fear, grow in confidence, and encounter God in new and lasting ways.

The year also included a deepening partnership with Lighthouse Community Church in Burry Port, Wales. This connection has expanded to include a joint children’s ministry with a neighbouring church offering shared discipleship and outreach across both communities. A notable milestone has been the increase in youth testimonies and baptisms, among both young people and adults.

Food Hub

In 2025, the Food Hub remained a vital expression of GSM’s commitment to supporting local families experiencing food insecurity. Around 45 food parcels were distributed each week, but the impact reached far beyond meeting physical needs. With a committed volunteer team, the Hub responded to diverse dietary and cultural requirements while offering emotional and spiritual support.

More than a distribution point, the Hub became a place of welcome – where people from all walks of life felt seen, valued, and connected. Relationships have deepened, trust has grown, and a strong sense of community has been cultivated through ongoing care and presence.

The Food Hub also became the catalyst for GSM’s Family Events, launched in creative response to emerging community needs. When Tower Hamlets funding for food bank charities was cut, the GSM community responded swiftly – organising petitions and voicing collective concern. The resulting restoration of funding was a powerful example of effective local advocacy and solidarity.

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GSM Trustees’ Report 2024-25

Our partnerships with Whitechapel Sainsbury’s, via Neighbourly, and two local Specsavers branches, as well as other local contributors continue to support this work. Looking ahead, the Food Hub remains a place of connection, hope, and practical support in difficult times. GSM is part of a network of 74 local foodbanks, collectively helping approximately 10,000 families on a weekly basis. We played a leading role in campaigning for the Mayor of Tower Hamlets to reverse planned cuts and fully restore funding to the foodbanks.

Family Events

Monthly Family Events are a relatively new venture and launched around Easter 2024. Families are invited via GSM activities, the Food Hub, ESOL classes, The Arch, Splash, friends and neighbours. Around 70% of attendees are Bangladeshi and Muslim. Each event includes arts and crafts, games and play, followed by a Bible story brought to life through drama and props, finishing with a shared meal. Leadership is provided by GSM volunteers and members of YWAM (Youth With a Mission) from their Harpenden base.

Whilst initially aimed at parents and primary-aged children, the events have welcomed extended family members - grandparents, babies, aunts, and uncles – demonstrating a wider longing for community and hospitality. Over the year, 180 different people have attended, with 20 families or individuals now participating regularly. Sessions typically draw 40+ guests. To better serve this diverse group, we now offer two Bible groups: a children’s story in English, and a Bengali translated Bible study for older adults. Both have been well received, especially by those hearing Scripture in their own language. The Family Event is more than just an activity, it is a bridge between generations, cultures, and faith journeys.

TOFSS – Too Old For Sunday School

TOFSS serves secondary-aged young people and meets weekly during the Sunday morning church service. Responding to a desire from the group to deepen their biblical understanding, the focus this year has been on how the whole Bible fits together as one continuous story. Once every half term, TOFSS leads the Church in worship, with the youth taking on roles in the band, prayers, and reflections.

Summer remains a highlight, with many attending residential camps. GSM’s longstanding (40+ years) partnership with Danehill Ventures continues, with several Sixth Formers stepping into leadership training and helping lead Autumn Ventures. Other TOFSS members attended Christians in Sport camps, returning with fresh ideas that have enriched our weekly sessions.

In June, the youth group took part in a weekend residential in Kent focused on the book of Hosea. YABS (Young Adult Bible Study) continues to meet on Wednesday evenings, with Sixth Formers exploring the fruits of the Spirit and how to live them out in everyday life.

Pizza and Pool, the Friday night youth club hosted at GSM, continues to thrive and remains a popular and accessible space to invite friends for an evening of games, craft, a shared meal, and a youth-led DBS. These sessions consistently spark meaningful discussion and spiritual growth.

Structure, Governance and Management

The Good Shepherd Mission (GSM, the Mission) is constituted as a registered charity and a company limited by guarantee and has no share capital, the Charity Trustees being Directors of the Company. The liability of each Member in the event of winding up is limited to £10.

Trustees are normally elected at the Annual General Meeting (AGM). Non-executive Trustees retire after a period of three years ’service and may be re-elected for a second term to serve a maximum of six years. Trustees can be appointed during the year to serve until the next AGM, when they have to stand for election. All major decisions that have financial or staffing implications are made by the Board of Trustees, with payments in excess of £2000 being approved in advance by the Trustees and documented in the meeting Minutes. Salaries and other running costs are agreed as part of the annual budgetary process.

‘ ’ ’ Our Board of Trustees, known informally as the Leadership Team , holds responsibility for all areas of the Mission s activities. The Board met approximately every three weeks during the year.

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GSM Trustees’ Report 2024-25

Finance Report

The results for the year are set out on pages 10 - 20. Income was £186,425 (2024: £151,733) and expenditure £242,070 (2024: £229,336) resulting in a deficit for the year of £55,645 (2024: £77,603). Total funds decreased to £1,202,949 (2024: £1,258,594) of which £39,892 (2024: £55,842) was restricted.

Reserves Policy

The Charity’s Reserves Policy states that the Charity will seek to maintain the level of Free Reserves at between six and 12 months of budgeted expenditure. Free Reserves exclude Designated Reserves and Restricted Funds. Free Reserves protect the Charity from short-term fluctuations in income and expenditure and give it time to take appropriate action in the face of fundamental changes in financial conditions. Free Reserves at the year-end were 9.9 months of budgeted expenditure which reflects a significant change from prior years. We celebrate the financial provision we have experienced during this year and are grateful for the significant gifts received in previous years which provided a financial buffer. There has been an income deficit each month this year and our Free Reserves have reduced significantly. GSM remains focused on achieving a sustainable position going forward and we are committed to ensuring that our charitable resources are used for our charitable purposes. Bearing in mind the Sustainable Heating Project undertaken this year, we believe that we have again done so wisely and effectively.

Risks Review

The Trustees formally assessed business risks during the year. This involved assessing the types of risk facing the Charity, prioritising them in terms of the potential impact and likelihood of occurrence, and identifying means of mitigating the risks. As part of this process the Trustees assessed the adequacy of the Charity’s internal controls and the costs of operating particular controls relative to the benefits obtained.

Responsibilities of trustees under Company Law

The Trustees (who are also Directors of GSM for the purposes of Company Law) are responsible for preparing the Report of the Trustees and the Financial Statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions, disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the Financial Statements comply with the Companies Act 2006 and the provisions of the Charity’s Constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions.

Independent Examiners

At the Annual General Meeting held in October 2024, a resolution was passed to appoint Stewardship of 1 Lamb's Passage, London, EC1Y 8AB as Independent Examiners to The Good Shepherd Mission for the year 1st April 2024 to 31st March 2025.

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GSM Trustees’ Report 2024-25

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the Trustees and signed on their behalf by:

JENNY BOLLANS

JENNY BOLLANS (Sep 18, 2025 16:29:36 GMT+1) Jenny Bollans (Trustee) Date: Sep 18, 2025

Page 8

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE GOOD SHEPHERD MISSION ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025 on pages 10 to 20 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 13.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

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.

Sarah Crispin

Sarah Crispin (Sep 18, 2025 16:52:09 GMT+1)

Sarah Crispin ACA

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Sep 18, 2025

Page 9

THE GOOD SHEPHERD MISSION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other trading activities
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Total expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 Unrestricted
Funds
£
122,906
19,448
16,512
1,859
160,725
224,500
224,500
(63,775)
24,080
(39,695)
1,202,752
1,163,057		 Restricted
Funds
£
25,700
-
-
-
25,700
17,570
17,570
8,130
(24,080)
(15,950)
55,842
39,892		 Total
Funds
2025
£
148,606
19,448
16,512
1,859
186,425
242,070
242,070
(55,645)
-
(55,645)
1,258,594
1,202,949		 Total
Funds
2024
£
118,375
15,949
14,517
2,893
151,733
229,336
229,336
(77,603)
-
(77,603)
1,336,197
1,258,594

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 12-19 form part of these accounts.

Page 10

THE GOOD SHEPHERD MISSION

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2025

Note
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Stock
10
Debtors
11
Cash at bank and in hand
12
CREDITORS: Amounts falling
due within one year
13
Net current assets / (liabilities)
Provisions for liabilities
TOTAL NET ASSETS
FUND BALANCES
15
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
817,035
817,035
-
13,629
378,719
392,348
(46,326)
346,022
-
1,163,057
181,042
982,015
1,163,057
-
1,163,057		 Restricted
Funds
£
-
-
-
-
39,892
39,892
-
39,892
-
39,892
-
-
-
39,892
39,892		 Total
Funds
2025
£
817,035
817,035
-
13,629
418,612
432,241
(46,326)
385,914
-
1,202,949
181,042
982,015
1,163,057
39,892
1,202,949		 Total
Funds
2024
£
673,189
673,189
146
13,519
577,358
591,023
(5,618)
585,405
-
1,258,594
347,827
854,925
1,202,752
55,842
1,258,594

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

JENNY BOLLANS (Sep 18, 2025 16:29:36 GMT+1)
JENNY BOLLANS		 Sep 18, 2025
--------------------------------------- ---------------------------------------
Jenny Bollans (Trustee) Date
Company number: 03031141 Charity Number: 1047068

The notes on page 12-19 form part of these accounts.

Page 11

THE GOOD SHEPHERD MISSION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

ii) Donated goods for distribution to beneficiaries via the FoodHub are no longer recognised as income because the amounts are not material. In the previous year, they were recognised when received at fair value using the Trussell Trust estimate of £2.37 per kg.

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church events and rental received from letting the church building & flat.

Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income generated from solar panels.

Investment income represents income generated by the charity's assets and includes income from bank interest.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

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THE GOOD SHEPHERD MISSION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

2 Accounting Policies (cont.)

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Is not depreciated as the residual value is expected to be higher than cost. Building improvements Over 25 years Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Stocks Stocks of donated items held for distribution to beneficiaries are no longer included as these are considered immaterial. Previously these were included at fair value. g) Pension scheme arrangements The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

h) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. i) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

j) Exemption from preparing a cashflow statement The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

k) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

ations and legacies
Donations of cash and similar
Donations in kind (Food Hub)
Other grants receivable
Income tax recoverable
me from charitable activities
Church activities and events
Mission flat rental income
Hall hire income		 2025
£
97,091
-
40,120
11,395
148,606
2025
£
960
13,000
5,488
19,448		 2024
£
90,212
1,600
12,550
14,013
118,375
2024
£
-
12,000
3,949
15,949

4 Income from charitable activities

Page 13

THE GOOD SHEPHERD MISSION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

5 Investment income

Bank interest
6
Other income
Solar panel income
7
Charitable expenditure
a
Costs incurred directly on specific activities
Church activities
Adult outreach
Children and youth
Salaries and related costs
Food Hub & Community Hub costs
Treasure Seekers
Grants payable (note 7c)
Donations in kind expensed (Food Hub)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Other
Depreciation of tangible fixed assets
Utilities
Telephone
Repairs and maintenance
Mission flat expenses
Administration and insurance
Cleaning
Office Supplies
Bank interest and charges
IT costs and equipment
Professional fees
Total expenditure		 2025
£
16,512
16,512
2025
£
1,859
1,859
2025
£
6,954
2,986
2,457
123,571
10,463
2,787
17,493
146
166,858
2,820
448
3,268
27,731
5,491
2,834
16,383
1,121
3,914
6,045
1,424
185
3,553
3,262
75,212
242,070		 2024
£
14,517
14,517
2024
£
2,893
2,893
2024
£
6,431
2,915
990
118,727
6,422
5,062
13,623
1,810
155,981
2,820
456
3,276
35,741
6,200
2,786
8,802
632
3,932
4,233
2,111
159
2,890
2,594
73,355
229,336

The fee payable to the independent examiner for preparing and examining the accounts was £2,958 (2024: £2,820). In addition the charity paid £310 (2024: £210) to Stewardship for consultancy services.

c Grants payable

Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty		 Institutions
£
7,100
-
7,100
Institutions
£
1,500
-
1,500		 Individuals
£
7,000
3,393
10,393
Individuals
£
-
12,123
12,123		 2025
£
14,100
3,393
17,493
2024
£
1,500
12,123
13,623

Page 14

THE GOOD SHEPHERD MISSION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

7c Grants payable (cont.)

Grants for more than £1,000 were made to the following organisations

Grants for more than £1,000 were made to the following organisations
Limspfield Trust
Ambassadors football club
Other grants < £1,000		 2025
£
6,500
-
600
600		 2024
£
-
1,500
-
1,500

8 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

Gross wages and salaries
Social security
Pension costs		 2025
£
113,623
3,147
5,605
122,375		 2024
£
109,671
3,314
5,529
118,514

The average monthly number of employees during the year was 6 (2024: 6). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Employer
Wages &
pension
salaries
contributions
Trustees:
D Prince
17,575
527
J Bollans
27,338
820
R Lynch
27,338
820		 2025
£
18,102
28,159
28,159
74,419

D Prince, J Bollans and R Lynch all served as church leaders and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
Employer
Wages &
pension
salaries
contributions
Trustees:
D Prince
15,461
675
J Bollans
26,236
1,224
R Lynch
31,858
1,518		 2024
£
16,136
27,460
33,376
76,972

Page 15

THE GOOD SHEPHERD MISSION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

9
Tangible fixed assets
Cost or valuation
At 1 April 2024
Additions
Disposals
At 31 March 2025
Accumulated depreciation
At 1 April 2024
Charge for the year
Eliminated on disposal
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Freehold
Property
£
500,000
-
-
500,000
-
-
-
-
500,000
500,000		 Building
Improvements
£
866,455
175,012
(25,000)
1,016,467
697,200
26,152
(17,500)
705,852
310,615
169,255		 Fixtures,
fittings and
equipment
£
60,764
4,064
-
64,829
56,830
1,579
-
58,409
6,420
3,934		 Total
2025
£
1,427,219
179,076
(25,000)
1,581,296
754,030
27,731
(17,500)
764,261
817,035
673,189

Building improvement additions relate to a Sustainable Heating Project carried out during the year. Depreciation will be charged once this is brought into use in 25/26.

10
Stock
Donated goods
For distribution to beneficiaries
11
Debtors
Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
12
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
13
Creditors: liabilities falling due within one year
Taxation and social security
Accruals
Other creditors
Grant obligations		 2025
£
-
-
2025
£
3,425
1,200
9,004
13,629
2025
£
33,705
384,906
418,612
2025
£
-
35,637
3,688
7,000
46,326		 2024
£
146
146
2024
£
3,641
1,000
8,878
13,519
2024
£
44,751
532,607
577,358
2024
£
581
4,036
1,000
-
5,618

Page 16

THE GOOD SHEPHERD MISSION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

14 Pension commitments

During the year employer’s pension contributions totalling £3,805 (2024: £5,529) were payable to defined contribution personal pension schemes. Pension contributions of £1,800 were owing at the balance sheet date (2024: £581).

15 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Staff fund
Adult Residentials
Building fund
Building contingency fund
Equipment contingency fund
National and Global Gifts
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sustainable Heating System
Community Hub
Food Hub
Hardship Fund
Work with the Homeless
Treasure Seekers
Aggregate of funds		 Opening
balance
2025
£
32,000
170
669,255
120,000
11,000
22,500
854,925
347,827
1,202,752
4,900
482
11,915
25,597
2,000
10,949
55,842
1,258,594		 Incoming
resources
2025
£
-
100
-
-
-
-
100
160,625
160,725
19,500
70
5,630
500
-
-
25,700
186,425		 Outgoing
resources
2025
£
-
(289)
(33,652)
-
-
(14,100)
(48,041)
(176,459)
(224,499)
-
(873)
(10,518)
(3,393)
-
(2,787)
(17,570)
(242,070)		 Transfers
in the year
2025
£
-
19
175,012
-

-
-
175,031
(150,951)
24,080
(24,400)
320
-
-
-

-
(24,080)
-		 Closing
balance
2025
£
32,000
-
810,615
120,000
11,000
8,400
982,015
181,042
1,163,057
-
-
7,027
22,704
2,000
8,162
39,892
1,202,949

The transfers referred to above were made for the following reasons:

a) The transfer from the Sustainable Heating System Fund to General Funds & from General Funds to the designated Building Fund is to recognise the capitalisation of costs on this project.

b) The transfer from General Funds to Adult Residentials and Community Hub funds was to cover the deficits on these funds.

Page 17

THE GOOD SHEPHERD MISSION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

15 Funds (cont.)

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

lysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
6,420
810,615
13,629
-
200,319
178,400
(39,326)
(7,000)
181,042
982,015
Unrestricted Funds		 Restricted
funds
£
-
-
39,892
-
39,892		 2025
£
817,035
13,629
418,612
(46,326)
1,202,949

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Staff fund
Adult Residentials
Building fund
Building contingency fund
Equipment contingency fund
National and Global Gifts
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sustainable Heating System
Community Hub
Food Hub
Hardship Fund
Work with the Homeless
Salary Fund
Treasure Seekers
Aggregate of funds		 Opening
balance
2024
£
32,000
-
703,913
120,000
11,000
-
866,913
381,915
1,248,828
-
-
22,712
29,939
-
19,718
15,000
87,369
1,336,197		 Incoming
resources
2024
£
-
170
-
-
-
-
170
139,338
139,508
4,900
650
3,675
-
2,000
-
1,000
12,225
151,733		 Outgoing
resources
2024
£
-
-
(34,658)
-
-
(7,500)
(42,158)
(143,426)
(185,584)
-
(168)
(14,472)
(4,343)
-
(19,718)
(5,051)
(43,752)
(229,336)		 Transfers
in the year
2024
£
-
-
-
-
-
30,000
30,000
(30,000)
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2024
£
32,000
170
669,255
120,000
11,000
22,500
854,925
347,827
1,202,752
4,900
482
11,915
25,597
2,000
0
10,949
55,842
1,258,594

Page 18

THE GOOD SHEPHERD MISSION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

15 Funds (cont.)

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
1,546
703,913
-
-
11,201
-
370,650
151,012
(5,618)
-
377,779
854,925
Unrestricted Funds		 Restricted
funds
£
-
146
-
55,696
-
55,842		 2024
£
673,189
146
13,519
577,358
(5,618)
1,258,594

Designated

The Staff Fund is maintained to ensure sufficient funds are available to cover statutory redundancy to staff in the event that is required.

The Building Fund reflects the net book value of capital assets owned by the charity.

The Building Contingency Fund is maintained to provide funds in the event of unexpected building repairs. The Equipment Contingency Fund is maintained to provide funds for the repair and purchase of equipment. The National and Global Gifts Fund is to support those in ministry in UK and abroad.

Restricted

The Youth Fund is maintained to provide funds for the Charity's youth work.

The Work with the Homeless Fund is to provide assistance with the church's ministry to the homeless in the community. The Sustainable Heating System Upgrade Fund is to support the upgrade of a new heating system within the church building. The Community Hub Fund is maintained to foster individual and community well-being by providing holistic activities that tackle loneliness, addiction, segregation, and inactive lifestyles as well as helping develop spoken English for asylum seekers and speakers of other languages.

The Food Hub Fund is maintained to provide funds for those in food poverty in our local community.

The Hardship Fund is used to provide support for those in need in line with the policy agreed by trustees.

The Salary Fund is maintained to receive donations specific to funding employment related matters. The Treasure Seekers Fund is to support individuals as they seek to develop their ministry gifts or to engage in Christian mission and education.

16 Transactions with related parties

During the year the charity received donations totalling £21,816 (2024: £22,558) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).

No expenses (2024: £nil) were paid to, or for, the trustees.

Except as disclosed above and in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year

17 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

Page 19

THE GOOD SHEPHERD MISSION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other trading activities
6
Total income and endowments
EXPENDITURE ON:
Charitable activities:
7
Total Expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 General
Designated
2025
2025
£
£
122,806
100
19,448
-
16,512
-
1,859
-
160,625
100
176,459
48,041
176,459
48,041
(15,834)
(47,941)
(150,951)
175,031
(166,785)
127,090
347,827
854,925
181,042
982,015
Unrestricted funds		 Restricted
2025
£
25,700
-
-
-
25,700
17,570
17,570
8,130
(24,080)
(15,950)
55,842
39,892		 Total
2025
£
148,606
19,448
16,512
1,859
186,425
242,070
242,070
(55,645)
-
(55,645)
1,258,594
1,202,949		 General
Designated
2024
2024
£
£
105,980
170
15,949
-
14,517
-
2,893
-
139,338
170
143,426
42,158
143,426
42,158
(4,088)
(41,988)
(30,000)
30,000
(34,088)
(11,988)
381,915
866,913
347,827
854,925
Unrestricted funds		 Restricted
2024
£
12,225
-
-
-
12,225
43,752
43,752
(31,527)
-
(31,527)
87,369
55,842		 Total
2024
£
118,375
15,949
14,517
2,893
151,733
229,336
229,336
(77,603)
-
(77,603)
1,336,197
1,258,594

Page 20