REGISTEREDCHARITY NUMBEK.1052168
RT
AND
IAUQITEllBNANQWLLAIWENTSFO
smethurst&co
CHARTERED ACCOUNTANTS-

GENERATIONSCHVRCH LOLrrH
NTENTS
FTME ANANCIALSTATEMEN
FOR THE YEAR ENDED31 DECfM8ER 2025
R•portrfth•TN•t•
10
8tat•m•ntol Hfianclal A6tlvltl•*
8alano•Sh••t
12
Notutoth• FINncl•l Stst•m•ni•
13 to 21
D•tsll•dSt•t•m•ntol Hnm¢l•lP4tfvItI••
22 to 23

GENERATIONSCHURCH LOUTH
REPORTOFTHETRUSTEES
-WTHEYEAR ENDED 51 DECE_MBER 202S
The trust8es present their rew)rt WTth the linancial statemerrts of the charity for the year ended
61 December 2025. The tru5t*s have adopted the prowsions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparirkg their accounts in accordance with the
Financial R8porknng Standard applicablein the UKand Republic of Ireland IFRS1021 (effective i aanuary 20191.
08JECTIVESANDACTIVITIES
OblKtlvas and alms
To advance the Christian Faith in accordance wth the statement in such ways and in such parts of the Unlted
Klngdom or the world as the Church Cixjncil from time to time may think ftt," to relieve sickness and financial
hardship and to promotè and preserve good health by the provision of funds, 9oods or service5 of any kind
Including the provision of counselling support in such parts of the United Kingdom or the world as the
Church Council from time to time may think fit." to advance edu¢tion in such ways and in such parts ofthe Unlted
Kingdom orthe world as the Church Counc31 from timetotime may think lit.
ACHIEVEMENTSAND PERFORMANCE
Chalr* report
For Generations Church, 2025 was again another fantastic year of expansion and evangelism. Ovef 100
worshippers consistently attend our Sunday morning services. and an increasing number of indiwdual8,
well-represented across all age categories. supFortand enjoy our midweek events.
Our exciting youth programs continve to be highly Tegarded. These actiwties successfully prowde a wonderful
combination of worship, fun. and companionship between our younger members of the congregation and youth
who do not attend church. The yearly Bounce Fun Days and Neon Activity Days were, as usual, the highlight5 of
the church youth calendar. Anyone in the neighbourhood can attend church events in line with our beliets thanks
to these fantastic events. spend time together as a farnily. have fun and lèarn while seeing the v4armth and love of
a falth-nlled event.
All our initiatives continue to be very athve. The Uniform Bank Oaunched in 20161 wntinue8 to dlstrfbute
eomplimentary school uniforms. The local community has continued to help out by donating gently worn school
uniforms, with new items of uniform belng prowded when financlal donations are received from generous
individuals who are inspired to help when they hear how the uniform bank helps families who are not in a
position to buy new uniforms themselves. Help is needed all year long. not only at the Lwinning of the school
ygar. as we continLJe to help close to 3¢JO families with school uniforrns. Families moviro to nearby temporary
housing are now connected to local schoolsand referred tothe unifom) bank.
Generations Louth conducts a Friendship café every third Wednesday moming of the month, which is extremely
popular among people in their 60s. It's a great opportunity to meet new people and spend tim8 with extsting
ones. Addltlonally. the Friendship Café offers assistance and dlre¢tion forany problernsthat rnay aTlSe.
'Crowned' brings together women from both campuses to study and learn together on the first Thursday of the
month. In order to give everyone the best chance of attending and receiwng the instruction and camaraderie
they enjoy. theseevents are now held at twodiffeient timesthroughout the day dueto the high attendance.
Page I

GENERAnoNSCHURCH LOLITH
REPORTOF THETrUSTEES
FOR THE YEAR ENDED
I DECEMBER 2025
AGHIEVEMENTSAND PERFORMANCE
Chalfs report(conL)
As usual our teaching was flrst class throughout 2025. Various thernes were Introduced throughout the year,
including 'ln Transit. where we looked at how Go¢J was bringing us to a new place as a church and a5 individuals.
Through the Summer Pastor Jo looked at thè lètters of St Paul in a series ¢alled 'Dear Generations,. She taught
how the letters written $0 long ago were 5ti11 pertinent to us as a church In the modern worl¢J Our great friend
John Petiffor visited twice and brought some outstanding teaching for the whole church which was very well
received. We also had a fantastic s8fvTC8 and preaching Wlth Misheck Manhana. His inspiration. preaching and
evangeli5rn was very encouraging. and wearelookirKJ forward to hosting him again. hopefu15y in 2026.
Finally, on behalf of the trust￿, I would like to expr￿ my gratitude to the growing number of volunteers who
always give their utmost to make sure that our church PTograms run well. We are immensely appreciative of èll of
you., without you, Generations Chvrch, Louth would not function ès effectively.
Page 2

GENERA
SCHUR
OUTH
REPORTOFTHETRUSTEES
E YEAR ENDED 51 DECEMBER 2
ACHIEVEMENTSAND PERFORMANCE
Puryx>•gBand a¢tl¥ltlo•
Generations Church exists to..
Bulkl thgehurch
Generat1ons Church is IntentlonaT about building the local church, It hag been salcl that the Tocal church Is the
hope of the world. Thls klnd of church doesn't just happen. bLIt when people t)ecome intentional about it, there
are no Ilmits to what ean be achtèvèd.
As a church. we come together and meet to passionately worship God Corporately, b¢liwn9 that He will give u$
dlre¢tlon •$ It)dlvlduals as well as a church. There wlll be opportunlty to grow tO9ether through our dlsclplèshlp
and mentorshlp programmes. being a church where we do all w& can to help one ènother. We want to grow
church where we work together Fn Croating J welcoming atmosphere. encouraglng everyone to c¢me and flnd
Ilfel
Equlptho p•op
Hgre at Generations Chureh wg b8lleve In the Blble and wa balla￿ In tèachlng It$ truth In a relevant way. GorJ'8
word has prfnclples for us to Ilve by artd apply on a dally basls Our teachlng comes through example, Insplratlon
and life steries that have the powei to Impact wople where they are at. We alm to offer a relaxed environment,
glvlng room forlnteractlon and dlscusslon. Weare a famlly, and need to learn how to interact as a family should.
Ru¢hth•oomhNnlty
We believe we Ilve in a greJt town and communlty and 4$ a church. our heart Is to serve that communlty In any
way we con. Our programmes a￿ created wlth service In mlnd and we take k)eople lust as they are, b8llevln9 God
wlll do the rest.
We count It an honour and prtvllege to serye our town. We love whwa God has plaeod us and belleve we are here
to make a dltterence In thè days In whlch we Ilve. the Church has to become a practical resource lor th
communlty In whlch It stand& Our alm Is always to seea negd and do all we ¢anto help In mwtfin9 that need.
EnN)ow•rth•lkrtur•
Generations Church has a great futurel We passionately believe this. The decisions we make today will tak8 us
Into the futuro God has for us, each In¢Jlvldual has a vnlque purpose and it is oui deslre to help eèch person tap
into that plan and live it. In e¥erything we do we want to provide for our future. Whether that Is with our building
plans or In our dlsclpleshlp and communlty programmes. We want to gqulp future generatlons to earry on what
wè arè currèntly doing, and achi￿1n9 morethan we arecurrently seeing.
Bulldlnq progr•
2025 was not a major ytrar for building renovation as In the past couple of ￿r$, there was quite a lot donè on
thè decor downstairs. A group of volunteers In the summer came In and decorated the lounge and also, we had a
day just d￿p cleaning and sorting which made it easier to store things and space was crèated. Also, the
windows at the rear of the buildlng were sorted arKI painted during the ljetter weather, making the building
ready for the winter months.
2025ota glan¢•
Page 3

GENERAMON
H LOUTH
REPORTOFTHETRUSTEES
FOR THEYEAR ENDE031 DECEMBER202
ACHIEveMENTSAND PERFORMANCE
2025 wa5 a big year for Generat?ons chvrch and an the planning of the prwous two years was about to become
reality. We had planned to progress ourleadership to take on the vlsion forthefuturethat we have.
In March 2025 we handed our youth ministry onto Billy Walker after Liz Hilton had led it brilliantly for 18 years.
Sfie has done a fantastic job for so long and Billy has a youth ministry that is strong and robust passed down to
him. We in￿ted Stuart Elman who is AOG'S youth al?¥e director to come and speak as well as pray over Bllly with
us. Thè day was fantastic and there was a real sense of excitement and mornentum as we did this. Our youth were
out in force and have supported 8illy as he ha5 taken the reins. His first 9 months went really wèll, and we have
se8n our young people grow and make Generations even mofe their home serving and attending many of thè
programmes we put on for all ages.
In June probably the biggest shift for a long time took place as Jo Read handed the Louth cèmpu5 to Llz Hllton.
Llz gaIn￿j her credentlèls from AOG in May. and we inducted her as the campus leader Tn June. Ps John and
Pauline Petiffor were with (Js for this day. John has been a big part of major shifts in our church for 30 years and
this was no exception. The whole rnorning was incredible as the tjaton was passed on. The morning started with
Ps Jo leading and ended with Ps Li2 taking the lead. The church have embraced the leadership transitlon$ really
well and are backing Liz as she leads them forward. There is è nèw sense of faith and expectanw for the futu￿ as
these changes have happened.
The final change took place in September as ￿"ène Cartwright passed the children's prograrnrne onto Jack Read
and Alice Read. Ps Hannah Williamson was With us for the weekend as we did this. she runs Young Lions lor AOG
which is a leadership development prtrjramme for young people and both Jack and Alice have been through the
Young Lions programme. Again. there was a sense of momentum as one leader steps aside to allow others to
t8kethe mantle and run with new things.
We are grateful to our church family fi)r being 50 SUPPOrtive during this process and to those who have led for
many years and rnised up new leaders to take hold of the roles they once had.
These changes have made a way for vision to be planned and executed well in the corning months and years. One
of them being to plant a new Generations campus. Wlth this in mind in November and December Ps Jo and a
tearn of another 3 people attend￿1 AOG'S 5-week church planting course which has set us up well for planting
into Bri9g in 2026. 2025 became a foundational yearforall that liesahead in 2026 and beyond.
Page 4

GENERAnoNSCHURCH LOUTH
REPORTOFTHETR
R ENDED31 DECEMBER 2
ACHIEVEMENTSAND PERFORMANCE
Pro9rammes
Our Neon toddler group Is still QTowlng and although we lost some famllles as thelr chlldren went to school, we
also galned a lot more In September as the new academic year began. The team led by Thano Cartwright are
doing a fantastlc job. The atmosphere Is amazing and the families from our local town who attend appreciate all
the hard work the team put in every single vleek. We have also seen a number of our toddler parents access other
programmes that we run with old8r chlldren In our youth programmes and a number of them attendlng Chureh
on Sundoys.
Our Sunday Children's prograrnme conttnues to thrtve wlth Jack and Allce now at the helm of It. It has been
$x¢lting to see the l¢ng•vlty of care that Is given to familias in Generations Church. and this is seen especially as
we watch our children move up through our prcorammes. It is SO good to watch the team create and execute an
incrodibl¢ programme which thèy ha￿ wrltten. It shows thg str8ngth of local chureh wherè our new ehildran's
pastors who are now In thelr twenties hove attended our toddler group, then kids pro9ramme, youth
programme and rK)w lead In a number of dlfferent settings within our church.
Our mldweek gatherfng 'Eoulp' has ¢ontlnuod to grow and •volv• this year with a numb&r att￿aIn9 from both
our Louth and Grimsby campuses. The programme changed Segtember to è more structured monthly
programme. W99k I Is our BUILD night. This evening is now split into two Streams. our leadership development
programme whlch Is there to raise the next tier of leaders within our churches, and a stream for everyone els
which tho 8eeond h)If of the year began a 12-month study on the gifts of the spirit with Ps Llz. Week 2 is our
EQUIP night and Is a tlme whoro w• dfve deeper into the blble and take themes we may hav8 touched on
Sundays and teach a bTt d8èpei Into the blble and th? Se￿￿d holl of tho yaar, wè bègan è 12-month study eallad
the bible course. Week 3 TS REACH groups. These small groups ar& focuse¢J groups on dlfferent thlngs Includlng.
prayar, craft, Coffee and chats or lèamlng a musical instrument. Week 4 is EMPOWER night. a prayer and worshi
evenlng and these have been a very popularevèrblNJ wlth our ¢hui¢h with manyattendln9 of)11 dlff&r*nt a908.
2025 agaln saw growth in thè 'Unlform Bank.. whlch runs very much Ilke a food bank but with school unlform8.
We have been Inundated wlth donations, t)oth from Indlvlduals and school lost property boxes. We have a team
who will collect, d&name, wash and iron all donations and then they are hung up in a room at Cènnon Str8gt
ready for famllles to eom8 and get up to two sets of uniforms per child. If we have a large amount of one
particular item of clothing, then more can be given. We have seen people overwhelmed with the cost ol uniform5
nd help and the rellef on thelr faces Is vlslble. We have a don)tion box whi¢h is ¢ompletely voluntary but
Sometimgs people want to give a bit back, alternatively they can Come and swap unlforms, so they feel like they
are contrfbutlng In some way. Wlth the Uniform bank now being loeatèd right at the front of our bullding It Is
easlly seen and is aeeessible for everyone. We a￿ really proud of this project whlch has helped hundreds of
famllles during 2025.
Our Youth programme has gone from strength to strert9th. We have a very stron9 group of older teens who
attend m05t things and serve on so many teams. They went to'Thrive' youth camp In Wales agaln and quite a few
of our laadars helped In varfous ways in the camp and our team are recognised as great leaders on a wlder scalè
than just their home church. In February we held Unleashed which is our youth camp at home and it was
incrediblel This weekend set our yotjng people up to have a great time and take their faith deeper. it had a
hrive. atrnosphere while being at home. In June we had a team of young leaders from Gloucester come for the?r
Young Lions academy mlssion and the youth took over the church for a weekend and did an incredible job. Thérè
was a communlty day on the Saturday in Louth. and a building project at our Grirnsby ￿mpUS and both went
well.
Pages

GENERAn
NSCHURCH L
REPORTOFTHETRUSTEES
FOR THEYEAR ENDE031 DECEMBER 202
ACHIEVEMENTSANDPERFORMANCE
Our youth also had a numt*r go to Young Lions and we ran Youn9 Lions acad8ry whlch Is all about ralslng and
releasing young leaders.
Volunts•rn
Generations Church continues to have a strong volunteer base. whlch is growin9 year on year. We stlll have over
50 actlve volunteers, and some of them are Invofvsd In helping to run a multiple of pro9rammes and events on a
weekly ba8ls. Every programrn&w8 run has mony volunteers and we could not do what we do wlthout them.
On behalf of the trustees. we want to thank all thos• who 9ive their tlme to volunteef. Wg could not contlnue
without them and we are so pr￿￿ to bts bulldlng a church wherè It$ partners have a heart to serve and to build a
strong chur¢h.
Influ8n¢•
In 2025 the Influence of Generatlorbs continued to grow. Pastor Jo Read continued her role on the area team for
Assemblies of God GB IAOGI whlch involves m¢etlng with other church leaders and making sure thlnos are
working well on behalf of AOG. Sh• is ov¢rseeln9 churches In Llrtcolnshlre and North Nottinghamshlre. Sh• has
also ag￿ed to head up LIT è leaders tralnlng pro9rarnme wlth AOG under thelr Ioadershlp development
programmè. PS Llz havlng flnlshed her mlnlsters tralnlng has be8n invited back to coach the next eohort of
mln1stèrs in training. Church8S together has contlnusd and Ps Jo 9athèr$ Church leaders to build frlendshlps
wlththe hop•s ¢fthat developlng Into communlty outreaches done tog&thèr.
Olane Cartwrfght has begun her mlnisterstralnlw. and sheservgs AOGon thelr nattonal Kldsteam.
Ps James has agre¥d to run a hub for AOG for assoclate mlnlsters In our AOG area.
Our Worshlp tX"rector Paul Hilton ran another Empoww weekend and thls year we saw the return of Noel
Robinson who spoke and 18d worship fof us, and It was at)soltJtely brflllant Noel alse came back in November to
lead a prayer and prophetlc nlght for us. Through our worship weekends we have been able to bulld a Btrong
relatlonship wth Noèl which is a blasslng to u$ asa church.
Our influence In the schools and wlth the young p80ple In our eommunlty continues to grow. Our youth team
regularly sees over 50 young people on a Friday nlght. and they come for evenlngs full of fun, gam¢s, muslc,
discussion. food the Ilst just goes on. Our team works so hard to give the young people in our community a
space that is safe and a great ènvironment to come and seetheli friends.
Pastoral Support
Thi5 year our team cOn￿nVeS to care for those In our community brilliantly well. Mark and Jane Egan continue to
do a great job in caring for our older 9eneration ￿th a monthly café whlch ha5 grown a lot In 2025 and now has a
large group from within our community and not Just those from withln our church. There have also been trips out
at different points of the yeèr. Otjr reach group for our older generation has continued and Mark and Jane really
do a fantastlcjobwith them.
Our family gathering every other week caters for $0 - 70 w)ple. Once a month we do a family 5erwce whère we
arè all together and wé get all ages involved and the oth¢r week we run a kid's craft group. a youth hang out and
parents group. Every time we get together we all eat a meal together and sDeclal thanks ¢Joes to Ali Williams and
herteèm for preparing and serving that forso many.
Page 6

NERATION
REPORTOFTHETRUSTEES
R THE YEAR ENDED
I DECEMBER 2025
ACHIEVEMENTSANDPERFORMANCE
Publlc B•n•fit
We have referred to the guidance contained in the Charity Commission's ge￿ra] guidance on pvblic benefit and
complled wlth sectlon 17151 of the 2011 Charjtles act whèn revlèwing our aims and objectlves and in planning our
ture activities In particular. the Trustees consider how planned activitles wlll contribute to the alms and
¢bjoctive$ th￿ havè sèt.
FINANCIAL REVIEW
The truslees have revlewed the chadty's needs for reserves in line with the ouldance offered by the charlty's
mortgagor and alm to set aside a minimum of £13,050. Thls sum 4ppr¢xim4te8 to three months fixed running
Costs. This is deèmèd suthclènt as Income is receivèd on a weekly bas15 and Is regulaily monltored. The trustegs
believe that reserves at thi6 level should ensure the charity can run efficlently and meet the n￿$ of the
benefi¢iarie8.
PLANS FOR THE FUTURE
2026 will tre a year which bullds on am that God done In 2025. As a church It is our plan to olènt our thlrd
campus In Brigg in Lincolnshi￿ We will bulld team In the first 9 months of the year and gat to know th8
communlty through pop up events and thon In September 2026 It 18 our hope to begin a gatheflng on a Sunday
for Generatlons church Brlgg.
We are also wantlng lo bulld campus teams In both our curr8nt campuses to hdp grow what we have at the
rnomgnt. Campus l•adgrs have beerbtask¢d with creating team and flndin9 people who wlll cgmrnlt to that.
It'sgreat to see In a relatlvety small geographlcal locatlon. a huge IM￿¢t can bè made by the local church.
STRUCTURIOOVERNANCEAND MANAOEMENT
¢3o¥•rnlng docum•nt
The charTty Is an unincorporated entlty whlch is go¥err*d by Trust Deed dated 30 November. 1993 as amended
11 September, 2008.
The function of the charity is maintained by the Church Councll and deacons who comprfse Holdlng Trust
and other membersof thèehurch.
Trustéés arè appointed by the Church Councll In accoidance with the Trust Oeed. The chartty seeks to Identlfy
those consldered suitableto prowdea balance of skills and strerKJth.
REFERENCÉ AND ADMINISTRATIVE DETAILS
R•918t•f•dCharltynumb•r
1052168
rfn¢lpal addr•8•
Cannon Street House
Cannon Street
LOUTH
LNII 9NL
Pag&7

GENERATIONSCHURCH LOLrrH
REPORT￿THETRusTEES
FOR THEYEAR ENDED
DE
EMB
Tn￿t885
Mr. R. Hardvrick
Mr P. Varsley
Mrs. J. Read
Mr 8. Parkinson
Mr8 J. Parkinson
Mrs C Isherwood
Mr. MEgan
Mrs E Hilton
MrJ Cartwright
Independent E¥amln•r
C. M.Tam5F.C.A.
Smethurst & Co
12 Abbey Road
GRIMSBV
DN32 QHL
Bankars
Lloyds 8ank plc
24 Mercer Row
LOUTH
LNII 9JQ
STATEMENT OFTRUSTEES. RESPONSIBiunES
The trustees are responsible for preparing the Re￿rt of the Trustees and the financièl statements in accordance
with applicable law and United Kingdom A￿unting Standafds (United Kingdom Generally Accepted
Accounting Practice).
Charity law requires the trtjstees to prepa￿ financial statemerrts for each financial year. Under tflat law, the
trustees have elected to prepare the linancial statements in accordance wlth Unlted Kingdom Generally
Accepted Accounting Practiee (United Kingdom Accounting Standards and applicable lawl.
Undèr eharity law the trustees must not approve the financial statements unless they are satisfièd that they glve
a true ancl fair view of the state of affairs of the charlty and of the incoming resources and applicètitsn of
resources. including the incorn8 and 8XP8nditure. of the charity for that pericKI. In preparing those linancial
statements, the trustees are reqvired to
select 5Ultable accounting policies and then apply them Gonsistently.
ob5ervethe methods and principles in the Charities SORP..
make judgements and estimates that are reasonable and prudent..
prepare the financial statements on the going concern bas7s unless it is inappropriate to presume that the
charity will continue in business.
Page 8

GENERATIONSCHURCH LOLITH
REPORTOFTHE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER ?Q?
STATEMENTOFTRUSTEES, RESPONSIBILrriES- contlnuod
The trustee5 are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the finan¢ial position of the charity and to enable them to ensure that the financial statements comply
with the Chartties A¢t 2011 and The Charity (Accounts and Reports) Regulations 2008. They are a150 responsible
for safeguarding the assets of the charity and h￿ce for taking reasonable steps for the pr8vention and
detection of fraud and otherirrgjularitles.
Approved by orderofthe t)oard oftrustees on..
. and signed on its behalf bw.
Mrs C Ishèrwood- Trustee
Page 9

INDEPENDENTEXAMINERSREPORTTOTHE TRUSTEESOF
NERATIONSCHURCH LO
Indgpond•ntoxamlMV8 r•porttoth•tNst•KofG•n•rntloThsClwrch LcKrth
I report to the charity trustee5 on my examination of the account5 Qf Generations Church Louth (the Trust) for
the year ended 31 December2025.
R￿pOn￿bIlItI094nd ba8lBof roport
As the charity trustees of the Trust you ar• responslble for the preparation of the accounts In accordance wlth
the reoulrements of thecharities Act 2011 {'the Act'l.
I report In respect of my examlnatlon of the Tnjst's accounts cafrfed out under Section 145 of the Act and In
carrying out my examination I have followed all applicable tlirections given by the Charity Commission under
Sectlon 145lSllbl of theArt.
Ind•p•nd•nt•M4mln•V• •tat•m•fit
I have completed my 8xamlnatlon. I connrm that no Mate￿•7 matters have com• to my attentlon In connectlon
wlth theexaminatlon glvlng mècauseto believe that in any material respect..
accountlng re¢ords were not kept In respgrt of theTrust as required by Section 130 oftheA¢t' or
the a¢wunts do not accord with those records.. or
the accounts do not comply with the applicable requlr•m8nts concernln9 the form and ¢ont8nt of
account8 set out In the Charltleg (Accounts and Reports) Reoulatlons 2008 other than any reoulramant
that the accounts glve a true and falr ￿¥W which 1$ not 4 mattw consid•r¢¢l 4$ of an Independent
examlnatlon.
I have no concerns and have come across no other matters In connothon wlth thg &umlnatlon to wnlch
tt•ntlon should bè drawn In thls repcxt In order to enable a proper understanding of the accounts to be
reached.
C. M. Tams F,C.A.
Smethurst & Co
12 Abbey Road
GRIMSBY
DN32 OHL
Oate..
Pagelo

GENERAnoNSCHURCH
ATEMENTOF HNANCIALACTIVITIES
FOR T￿EYEAR ENDED31 DECEMBER 202S
31.12 25
Total
funds
31.12.24
Total
ft&nds
Unrestricted
fvnd
Restricted
funds
Notes
INCOMEAND ENDOWMENTSFACIM
Donations and legaci08
129.493
12453
141.926
150,6S6
Other trading a¢tiwti8S
Investment income
8,409
305
8,409
305
5.115
294
Totsl
138.207
12.433
150,640
156.065
EXPENDITURE ON
Chatltabl•actl¥ltl
Core Projects
156.210
6,SS9
162.769
162,755
NET INCOMEI(EXPENDITVRE)
08.003)
5,874
12,1291
16,690)
RECONCILIATION OF FUNDS
Total funds brought forward
4Tr,501
130
471,631
478.321
TOTAL FUNDSCARRIED FORWARD
453.498
6.004
459,502
471,631
The notes fom part ofthese financial statements
Page 11

ERATIONS CH
LO
BALANCESHEET
31 DECEMBER20
31.12.25
Total
fund$
31.12.24
Total
funds
Unrestricted Restricted
fund
funds
Notes
FIXED ASSErs
Tjngiblè assets
683,429
683,429
707,059
CURRENT ASSETS
Sto¢k$
Debtors
Cash at bank and In hand
10
8.666
3.513
32,629
8,666
3,513
38,633
8,978
3.225
34,547
6.004
44.808
6.004
SO.812
46.750
CREDITORS
Amounts follln9 due wlthln one year
12
(7,075)
17.0751
110,6541
NEfcuRRENT A8SErs
37,733
6,004
43,737
36,096
TOTALASSET8 LESSCURRENTLIABILMES
721,162
6.004
7Y7,166
743,ISS
CREDITORS
Amounts fallln9 due aftef morethan one year
13
(267.664)
{267.6641
12W.524}
NET ASSETS
453,498
6.004
459,S02
4W.631
FUNDS
Unrostrlcted fun¢Js
Restricted funds
15
4S3,498
6,004
471,SOI
130
TOTAL FUNDS
459,502
4T.631
The financial statements were approvad by the Board of Trust•88 and authorised for i$$u? on
tsW42£Q￿..
and woro signed on its behalf by..
Mrs C Isherwood- Trustee
The notesform partofthesoflnanclal stètèments
Pagé 12

GENERATIONSCH
NOTESTOTHE HNANCIALSTATEMENTS
FOR THE YEAR ENDED 31 DE
EMBER2025
ACCOUNTINQPOUCIES
Ba818 olprewrtng th•flnathclal •tat•m
Except as disclosed below, the Nnan¢ial statements of the charlty. which is a publlc benefit entity under
FRS 102, hav8 been prepared in accordance wth the Charities SORP IFRS 1021'Accounting and Reportlng
by Charlties.. Stat&ment of Recommen(Jed Prathce applicable to charftles preparing their accounts in
accordance with the flnancial Reporhn9 Standard applicable in thtr UK and RepublTe of Ireland IFRS 102)
leffectlve l January 20191,, Flnanclal Reportlng stsndard 102'The Flnancial Reportlng Standord applicable
In the UK and Aepubllc of Ireland, and the Charrties Act 2011. The flnanclal statements have Wn
prepared under thè hlst¢rfc41 cost conventlon.
The Charity ha5 departed from the Chadtles SORP and FRS 102 In order to Llepreclate all freehold
property at a rate of 2% on a stralght line basls. The treatmènt requlred by the Ch•rltles SORP and FRS
102 where an asset comprises of two or more ma￿r components Is that each component Should bè
d8pre¢iated $8pèrately over its useful life and that thè valueof land Is not d•pr￿1￿te￿.
The trustees con8ider that depreclatlng all fr••hold propèrty at a ratè of 2% on a strèlght line basls
renects the loss of value of the ass•t for the Charlty. and have con¢ludod that the accounts present a true
and falr vlew.
Incom•
All income is reco9nlsed in the Statamènt of Flnanclal Activltles onc* the charlty has *ntitlement to th•
funds, It Is probablethat the income will be recelved and the amount can be measured rellably.
ENp•ndltur•
Llabllltles are reco9nised as expendlture as soon as thwe Is alegal or construetive obligatien eommittlng
the charity to that expenditure. it is probable that a transfèr of economic bonefits wlll be requlred In
settlement ènd thè amount ot the obllgatlon can be measuroa rellat)ly. Expendlture Is accounted for on
an accruals basls and has been Classified undèr headings that aggregatè all cost related to the category.
whe￿ costs cannot be diroetly att¥lbuted to partlcular hwdlngs they have baan allocated to aetlvlties on
a basls consistent with the use of resour￿s.
Grants offered subject to conditions which have not t)een met at the year end datg are noted as
commitment but not accrued as expenditure.
TanglbI?flm￿ a•8•ts
Depreciation is provided at the following annual rates In orfler to wrlte orr each a$5et ovef Its Ostlmated
useful life.
Freehold property
Fixtures ènd littings
2% Stralght L1ne
20% Straight Line
The charfty has è policy to capitalise assets in excessof £250.
Uniforni sto¢k
Uniform stock donated for distribution by the Uniform Bank is valued at estimated market value. with the
coiresponding income recognised wthin donations.
Pa98 13

GENERATIONSCHU
H LOUTH
NOTESTOTHE FINANCIALSTATEMENTS-eofitl
FOR THEY£AREN
DECEM8ER 2025
ACCOUNTING POLICIES-¢￿tIN¢d
Unlform stock
When uniform stook Is distrftsutedthisis recc¥Jnised as an expense.
T•x•tlon
Thtr chaTity is trxtrmpt from tax on its charitableactlvltles.
Fundaccountlng
Unrestncted funds can be usod In ac¢ordar)ce with the charitablè objectives at tha dl8cretlon of th•
trust88s.
Re5trtcted funds can only be us&J for particulai restrlcted purposes wlthln the objects of the chartty.
Restrtctlons Jrlse when 8pecifi&J by the donor or when funds are ral$gd for particular restrictod
purpos•s.
Further explanatlon of th8 natur• and purk)0s8 of aach fvnd 1$ Included in th8 not•s to the flnancial
$tatement8.
p•n￿oN00￿￿￿Kl oth•rW-r•tlY•m•nt l)•n•fits
The chadty OP8rates a d•fin¢d ¢ontrlbutlon penslon $¢hemo. Contt1butlons payable to the chartty's
penslon 8ehem6are charged tothe St•t¢ment of Financial ActIvl￿#S in the perlod to which they r•late.
OTHER TAAOINQ AcMvmE8
31.12.25
31.12.24
Rental ineome
Inhousèeonfèrance and event tlcket salgs
External youth ev•nts
4.860
470
3,079
5,115
8,409
S.115
Paoe 14

GENERAnoNSCHU
UTH
NOTESTOTHE FINANCIALSTATEMENTS- contiNgd
REND
INVESTMENT INCOME
31.12.25
31.12.24
D8P051t account inttffjst
305
294
GRANT8PAYABLe
31.12.25
31.12.24
Core Projects
3.972
2,960
Thetotal 9rant$ wid to in$titutior* during th*ye•r wa$ a$ follows..
3112.25
31.12.24
A&8embllo8 of God
Christians Against Poverty
3,792
180
2.780
180
3.972
2,960
TrUSTEES' REMUNERATION AND BENEFirJ
31.12.25
31.12.24
Trustees, ￿larfe$
Trustees, pension contributionsto money purchase schemes
51,850
956
47,689
931
S1806
48,620
Dudng the year the lollowlng remun¢ratlon was pald to the Senlor Pastoi Mrs. J. Read, a trustee and to
Campus Pastors Mr5. E. Hilton and Mr. J. Cartwrlght. who are also trustees. These Indivlduals ère
consldered to be pald key management..
Trusteès.
Trustees.
pension
contrfbution
Totèl
Mrs. J. Read
Mrs. E. HIILon
Mr. J. Cartwright
29,300
15,050
7,SOO
692
264
29.992
15,314
7.500
Total 31.12.25
51,850
956
52,806
Total 31.12.24
47.689
931
48,620
Pa9e 15

GENERATION
CHURCH LOUTH
TESTOTHE FINANCIALSTATEMENTS-COfrtlrw•d
MBER202S
TRUSTEES, REMUNERATION AND BENEFITS-¢ontlN•J
Mrs. D. Cartwright the ￿fe of the trustee Mr. J. Cartwrlght received rémunèratlofi as salary of £7,SOO
12024 £4.164)
There were no trtJstee8' expen8eB paid for the year ende(1 31 fkncembèr 2025 nor for the yoar ended
31 Oecember 2024.
8TAFFCOgTS
The average monthty number ofemployees during theyearwas asfollows..
31.12.25
31.1224
Co
No employees recelved emolumtnts In exce3s of£60.000.
COMPARATIVES FOR THE STATEMENTOF FINANCIALACTIVITIE8
Unrestrlcted
fund
Restricted
funds
Total
funds
INCOMEAND ENDOWMENTS FROM
Donations and legacies
146.476
4.180
ISO,6S6
Other tradln9 actlvlttg8
Investment Income
6.115
294
s,iis
294
Total
151,885
4,180
156,065
EXPENDITUREON
Ch•rftsbl• xtlYltl••
Core Projects
158,705
4,050
162,755
NET INCOMV(EXPENDITUREI
(6.8201
130
{6.6901
RECONCIUATION OFFUNDS
Total funds brought forward
478.321
478.321
Page16

GENERATI
SCHURCH LOUTH
STOTHE FINANCIALSTATEMENTS-contln
DE
EQK1EIU￿R ENDED.LLEMBER 2
COMPARATNES FOR THE STATEMENTOF FINANCIALACTIVITIES- Mntlnuad
Unrestricted
fund
Restrirted
funds
Total
funds
TOTAL AJNDSCARRIED FORWARD
471,501
130
471.631
UNIFORM BANK DONATIONS
Thgvalueof unlform bank donations Includ￿ within Gifts and Cknnationswas É4.69412024.. £5.4621.
The valueof unlform bank distributionsincluded wlthln Youth Project Costs was £3,97312024,, £5,565).
Unlform bank stock at the year ènd was valued at £8.66612024.. £8.9781.
TANGIBLE FIXEDA88
Flxture8
Freehold
property
flttlngs
Tota18
COST
At l January 2025 and 31 Dgcemb8r 202S
1,054,292
47,462
1,101,7S4
DEPRECIATION
At l January 2025
Charge lor yeaf
354.443
21.086
40,252
2,544
394,695
23.630
At 31 D￿mb*r 202S
375.529
42,796
418,325
NET BOOKVALUE
At 31 December 2025
678.763
4.666
683,429
At 31 December 2024
699.849
7,210
707,059
Pag8 17

OENERATIONSCHURCH LOUTH
NOTESTOTHE FINANCIALSTATEMENTS-contlnu
RENDED31 DECEP418ER2025
10. STOCKS
31.12.25
31.12.24
8tOGks
8,666
8,978
DEBTOR&.AMOUNTS FALUNO DUEWITHIN ONE YEAR
31.12.25
31.12.24
Other debtors
3,513
3,225
CREDITOR&AMOUNTS FALLINQI)UE WITHIN ONEYEAR
31.12.2S
31,12.24
8ank loans and overdraft$180g note14)
Other creditors
3,706
3,369
3,328
7,326
7,07S
10,654
iJ.
CREDITOR&AMOUNTSFALLINQ OVEAFTER MORETHANONEYEAR
31.12.25
31.12.24
Bank loans (see noie141
267.664
271,524
LOANS
An analysis ofthe rnaturfty ofloans Is olven bo1ow-.
31.12.25
1.12.24
Amounts falling due wlthln one yearon demand..
nk loans
3.706
3,328
Amounts falling between oneand twoyears".
Bank loan5- 1-2 years
3,947
3,552
Amounts falllng due b8tw8èn two and live years..
Bank loans- 2-5 years
13,443
12,161
Amounts Falling duein more than fiveyears-.
Repayable by instalments..
Bank loans more S yr by instal
250,274
255,811
Page18

HURCH LOUTH
TESTOTHEHN
IAL
TATEMENTS-contlMad
DECEMBER 20
DED
i&
MOVEMENT IN FUNDS
Net
movement
At
31.12.25
At 1.1.25
in funds
Unr•8trktedlund•
General fund
471,501
(18,003)
453,498
R•8trlct•d fund8
Do8ignat6d givin9
130
5,874
6,004
TQTALFUND8
471,631
111129)
459.502
Net movement In funds, Inclyde(I In tha aboveareas follow&
Incomlng
resources
Resourcas
expended
Mtsvement
In funds
VnY••trlct•d IubKI•
General fund
138.207
1156.2101
118,0031
R••trfet•dfvnd•
Deslgnate¢J glvlng
12,433
(6,559)
5,8?4
TOTAL FUNDS
150,640
062,7691
112,1291
Comp•r•tl¥••for mo¥•m•nt In fund•
Net
m￿ement
In funds
At
31.12.24
At 1.1.24
Unre8trlct•dfvnd•
General fund
4?8.321
16.8201
4Y.SOI
R•strkt•dfund•
Designated gTvin9
130
130
TOTAL FUNDS
478,321
16.690)
471,631
Pa9e lg

GENERATIONSCHURCH LOUTH
NOTESTOTHE FINAN
IAL
ATEME
FOR THE YEAR ENDED31 DECEMBER 2025
i&
MOVEMENT IN FUNDS-contlnued
Comparative net movementin funds, included intheabove are asfoTIows'.
Incomlng
resources
Resources
expended
Movement
in funds
Unre#trlct•dfunds
General ftjnd
151,885
1158.705)
16,820)
Rosttlctedlunds
Dèsignated giving
4.180
14.050)
130
TOTAL PJNDS
IS6,065
062,755)
16,6901
A current year12 months and prioryea¥ 12 months combined position is as follows..
Net
movefnent
in funds
At
31.12.25
At 1.1.24
Unr•strlctod fuo¢ts
General fund
478,321
124,823)
453,498
Re8trf¢tsd funds
Designated giving
6,004
6,004
TOTALFUNDS
478,321
118,8191
459,502
Page20

GENERATIONSCHUFI
NOTESTOTHE FINANC_IALsTATEMENTS-Mn￿tlnU
FOR THEYEAR ENDEDSI DECEMBER2025
i&
MOVEMENT IN FUNDS-contlnu¢d
A current year 12 months and prior year 12 months comblned net movement in ftjnds, included in the
above are as follows..
Incoming
resource5
Resource5
expended
Movement
in funds
Unrosttl¢t•dfund4
General fund
290.092
1314,915)
124.823)
Restrlctedfvnds
Designated gi￿n9
16,613
00,609)
6,004
TOTAL FUNDS
306.705
1325.5241
118,8191
Amounts included in the designated giving fvnd are donations and grants received for specific purposès
including amountsfor schwl lunches. youth acbvtbes and a warm spaces prowsion.
1&
RELATEDPARTY DISCLOSURES
Total amounts donated to the charity by its t￿￿tee5 during the year amounted to £40.128 12024
£40,012)
Allocated parking spaces were prowded fr* of charge to ftve of the trustees during the year for their use
when prowding their semces in thechurch building. The value of a parking space was £400 per year.
Page 21

DETAILEDSTATEMENTOF HNANCIALACTIVITIES
25
31.12.25
31.12.24
INCOMEANDENOOWMENTg
Donatlons •ndl•gacloB
Glfts and donations
Grants
13S.426
6,SOO
147.706
2,9SO
141,926
150,6S6
oth•rtr•dlng xtl¥ltl••
Rental income
Inhouseconference and event tl¢ket ¥al•s
External youth events
4,860
470
3,079
s,iis
8,409
5,115
Inv••tm•ntlncom•
Deposlt account Interest
305
294
Total Incomlrffj r•xwrc••
ISO,640
156.065
EXPENDITURE
ChJrftabl•actlvftle•
Trustees, salaries
Trustees, pension contdbutlons
Wages
Project cost8
Establlshment cost8
Mlnistry expenses
Conferenee expenses
Subscrlptlons
Depreciation of tangible fix¢d a$set$
Mortgage interest
Grants to institutions
51,850
956
11,455
14.018
29,398
4,611
1,798
2.291
23,630
17,452
3,972
47,689
951
8.120
23,539
27,198
4.495
1,436
2,927
24,119
18,081
2,960
161,431
161.495
Support costs
This page does not form partof thestatvtoryfinancial statements
Page22

OENERATIONSCHUACH LOUTH
FOR THE YEAR ENDED 31 DECEMBER 2025
31.12 25
31.12.24
Support co¥ts
Inclependent examinatlon
Legal and profèsslonal fees
1,284
1241
1,338
1,260
Total resourcgs expended
162.769
162.7SS
N•t•xp•ndltyrn
02,129)
{6,6901
This page d￿S not form part of thestatutoryfinancial statements
Pagè 23