Arena Church Charity No. 1052643 Trustees' Report and Unaudited Accounts 31 March 2025
Arena Church Contents Trustees' Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Statement of Cash flows Notes to the Accounts Detailed Statement of Financial Activities Page 1 Pages 2 to 5 6 7 8 9 to 18 19 20 to 22
• Arena Church Trustees Annual Report The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1052643 Principal Office 1 Rutland Street lIkeston Derbyshire DE7 8DG Trustees The following trustees served during the year: T. Bailie J.W. Butcher N. Butcher P.N. PYE A. Richardson N.F. Simpson K.P. THORPE Accountants AHBS Limited Naylor House Mundy Street ILKESTON Derbyshire DE7 8DH Bankers HSBC 53 Nottingham Road Eastwood Nottingham NG16 ЗАЕ Solicitors Ben Bourne Ellis Fermor and Negus 2 Devonshire Avenue Beeston Nottingham NG9 1BS Page 2
Arena Church Trustees Annual Report OBJECTIVES AND ACTIVITIES The objectives of the charity are to provide a place of worship where Christians can meet to share their faith, increase their knowledge and broaden their commitment, and to be effective in the local community by providing services and facilities as appropriate. The main activity is the holding of Christian religious services and related activities each week for the benefit of Ilkeston, Belper, Nottingham and mansfield towns and the surrounding areas. The Trustees believe that the facilities and services that are offered to the public by the Arena Church make available access to all, either as part of the congregation or the local community and as such believe that the charity is of benefit to the whole community. The Trustees confirm that they have complied with their duties under section 17 of the 2011 Charities Act with regard to public benefit. ACHIEVEMENTS AND PERFORMANCE The structure of the church continues to be directed by the Senior Pastor's office guided by Campus Pastors and protected by the trustees. The last part of our Leadership foundation is found in external Ministries and Ministers. The Trustees continue to work towards moving to a CIO (Charitable Incorporated Organisation). The instigation of the new CIO had taken longer than hoped due to the delays with the transfer of assets. The Board has 7 members as well as an ex Officio who provides key information. There are also 2 sub committees set up for Remuneration and Policies. Policies continue to be added and updated where necessary. The Board also added a sub-committee with accountability to the Board; in the form of a Working Party with a focus on the financial reporting for each area within Arena. The Church's Safeguarding and Health and Safety Team grew through this year and a team in place to support every building particularly with current Government guidelines. Each building has a designated leader in place who works with the Central office to ensure general maintenance and health and safety requirements are carried out. Page 3
Arena Church Trustees Annual Report VISION The Senior Pastor's office once again cast the vision for the year at the Annual General Meeting in May and shared the outreach plan through legacy giving. Significant monies were pledged through the legacy giving. The Senior Leaders continued to encourage those who attend Arena to be involved in mission, in serving and in teams; to be part of a community that makes a difference. The word for 2024 was GROWTH and much teaching around what this looks like as a follower of Jesus was shared at each Campus. The church continued to support our missionaries with regular financial support and additional gifts at Christmas time. The Christmas giveaway continued with hampers, selection boxes and toys for children in need into the community. LEADERSHIP AND TRAINING The leadership and development of existing leaders and new emerging leaders was a key focus. The Arena Ministry School and Bible School continued in 2024 to train and equip not just those attending Arena but available for wider churches also. Arena also continues to partner with those who attend the Moving Forward Events which run 3-4 times per annum to train, equip, encourage and grow. CAMPUSES likeston, Mansfield, Belper, Nottingham and The Hub Campuses all continued with the Vision to Go and Grow and Love and Serve the World. Each Campus has its own area of community outreach. Ongoing relationships are also encouraged with local community groups. Arena continued to assist and train those part of their partnership in Toulouse. The Seniors, Youth and Children's work all increased during this year with additional seniors events being held at Ilkeston and Mansfield Campuses. Both Groups and Students were also an area of growth and focus. Ministries and training continued to disciple and develop in many different areas; Growth Track, Alpha, Midweek Clubs for children, Students, Seniors, Kids, Stay and Play, Care for a Coffee, Food support to those in need, Shower Hour for some of the most needy in our communities and ministries into the local Seniors Homes. The church continued to serve its communities through and increased giving at Easter and Christmas time. The Community programmes continued, increased and additional services added through the work of Care for a coffee. The Church, whilst employing a Central office team and staff at campuses, works with a significant number of volunteers in many areas around Arena. Funding A volunteer team working together to apply for funding for areas within Arena grew this year with increased focus to apply for funding to meet the needs. World Missions Arena Church continues to be a local church with a global outlook. Through faithful giving and prayer Arena Church is able to uphold and support their partners in other countries. Page 4
Arena Church Trustees Annual Report FINANCIAL REVIEW At the year end, Arena Church had unrestricted funds totalling £554,452 and restricted funds totalling £45,359, having received income of £536,220 in the year and spent £609,926 during the year. The Church's reserves consist of restricted funds and the Accumulated Fund as shown on the Balance Sheet. The aim is to have 2-3 months running costs available; the team are working towards putting firmer budgets in place, identify any area where we can increase income realistically and also restrict non-essential spending in order that this "pot" can be built up. The trustees consider that there are no material uncertainties about the charities ability to continue as a going concern. PLANS FOR FUTURE PERIODS To further increase the work of groups to help the majority of those who attend Arena to find a place where they can build relationships, find support and encouragement. To continue to build and develop leaders through the Leadership Development programme and see growth at every Campus and building. To continue to see growth through giving and the Legacy Fund to support the ongoing community initiatives for all campuses and their work locally. STRUCTURE, GOVERNANCE AND MANAGEMENT Arena Church is a Registered Charity (number 1052643) and is governed by a trust deed dated 10 April 2006. This is based on the model deed as adopted by Assemblies of God Incorporated for churches within its denomination. The structure of the church continues to be directed by the Senior Pastor's office, guided by Campus Pastors and protected by the trustees. Statement of trustees' responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. That the trustees are responsible for the maintenance and integrity of information included on the company's website. Signed on behalf of the charity's trustees N.F. Simpson N. Butcher Trustee Trustee 20 November 2025 20 November 2025 Page 5
Arena Church Independent Examiners Report Independent Examiner's Report to the trustees of Arena Church I report to the trustees on my examination of the financial statements of Arena Church for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements 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 As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of FCPA CPAA. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: • the accounting records were not kept in respect of the charity as required by section 130 of the Act; or • the financial statements do not accord with those records; or • the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached. Shobinson Simon Robinson FCPA CPAA AHBS Limited Naylor House Mundy Street ILKESTON Derbyshire DE7 8DH 31 March 2025 Page 6
Arena Church Statement of Financial Activities for the year ended 31 March 2025 Income and endowments from: Donations and legacies Charitable activities Other trading activities Other Total Expenditure on: Charitable activities Other Total Net gains on investments Net expenditure Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward Notes 3 5 6 7 8 9 Page 7 Unrestricted funds 2025 355,399 2,042 63,250 33,993 454,684 100,356 428,064 528,420 (73,736) (73,736) (73,736) 628,188 554,452 Restricted funds 2025 € 81,536 81,536 81,506 81,506 30 - 30 30 45,329 45,359 • Total funds Total funds 2025 2024 436,935 2,042 63,250 33,993 536,220 100,356 509,570 609,926 (73,706) (73,706) 393,861 4,324 67,356 22,645 488,186 184,383 458,391 642,774 (154,588) (154,588) (73,706) 673,517 599,811 (154,588) 828,105 673,517
• Arena Church Balance Sheet at 31 March 2025 Charity No. 1052643 Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand Creditors: Amount falling due within one year Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds Restricted income funds Unrestricted funds General funds Designated funds Reserves Total funds Approved by the trustees on 31 March 2025 And signed on their behalf by: N.F. Simpson N.F. Simpson Trustee 20 November 2025 N. Butcher Trustee 20 November 2025 Page 8 11 12 13 14 15 15 15 2025 € 855,839 855,839 148,178 42,754 190,932 (81,293) 109,639 965,478 (365,667) 599,811 599,811 45,359 45,359 554,264 188 554,452 599,811 2024 865,446 865,446 173,339 13,118 186,457 (47,934) 138,523 1,003,969 (330,452) 673,517 673,517 45,329 45,329 627,420 768 628,188 673,517
Arena Church Notes to the Accounts for the year ended 31 March 2025 1 Accounting policies Basis of preparation The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accounting Unrestricted funds Designated funds Revaluation funds Restricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Income Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 9
Arena Church Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. Other expenditure Taxation The charity is exempt from tax on its charitable activities. Tangible fixed assets and depreciation Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Office & Computer 25% reducing balance Equipment Fixtures, Fittings and 15% reducing balance Equipment No depreciation is charged on land and buildings as the residual value is believed to be higher that historical cost. Leeming Street Improvements to be written off over a 10 year period commencing 01.04.2015 - straight line. Freehold investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 10
Arena Church Notes to the Accounts Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. Pension costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. Page 11
Arena Church Notes to the Accounts Receipt of donated goods, facilities and services All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. 2 Statement of Financial Activities - prior year Unrestricted funds 2024 Restricted funds Total funds 2024 2024 Income and endowments from: Donations and legacies Charitable activities Other trading activities Other Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies 324,402 4,324 67,356 17,803 413,885 175,883 392,770 568,653 (154,768) (154,768) (154,768) 782,956 628,188 Unrestricted Offerings and Gift Aid Gifts and Special Offerings Arena Legacy 351,495 3,904 355,399 Restricted € 30 - 81,506 81,536 69,459 4,842 74,301 8,500 65,621 74,121 180 180 180 45,149 45,329 Total 2025 351,525 3,904 81,506 436,935 393,861 4,324 67,356 22,645 488,186 184,383 458,391 642,774 (154,588) (154,588) (154,588) 828,105 673,517 Total 2024 € 321,768 2,814 69,279 393,861 Page 12
Arena Church Notes to the Accounts 4 Income from charitable activities Events Rental income 5 Income from other trading activities Room Hire Management Charges Arena Community 6 Other income 7 Expenditure on charitable activities Expenditure on charitable activities Events Rental income Governance costs Page 13 Unrestricted 2,042 2,042 Unrestricted 63,250 - 63,250 Unrestricted 33,993 33,993 Unrestricted € 48,088 52,268 100,356 Total 2025 € 2,042 2,042 Total 2025 63,250 - 63,250 Total 2025 33,993 33,993 Total 2025 48,088 52,268 100,356 Total 2024 994 3,330 4,324 Total 2024 62,004 5,352 67,356 Total 2024 22,645 22,645 Total 2024 € 60,896 123,487 184,383
• Arena Church Notes to the Accounts 8 Other expenditure Unrestricted Bank loan and overdraft interest payable Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs € 27,809 133,216 5,843 128,829 9,607 61,065 61,695 428,064 9 Net expenditure before transfers This is stated after charging: Depreciation of owned fixed assets 10 Staff costs Salaries and wages Social security costs Pension costs No employee received emoluments in excess of £60,000. 11 Tangible fixed assets Land and buildings € Cost or revaluation At 1 April 2024 At 31 March 2025 Depreciation and impairment At 1 April 2024 Depreciation charge for the year At 31 March 2025 Net book values At 31 March 2025 At 31 March 2024 872,710 = 872,710 22,400 2,488 24,888 847,822 850,310 Restricted - 14,802 2,000 49,250 - 15,454 81,506 2025 € 9,607 2025 146,640 - 1,378 148,018 Office & Computer Equipment 8,700 8,700 8,700 - 8,700 Total 2025 € 27,809 148,018 7,843 178,079 9,607 61,065 77,149 509,570 Fixtures, Fittings and Equipment 64,107 64,107 48,971 7,119 56,090 8,017 15,136 Total 2024 28,774 153,900 5,989 86,957 11,455 99,066 72,250 458,391 2024 11,455 2024 151,978 871 1,051 153,900 Total 945,517 945,517 80,071 9,607 89,678 855,839 865,446 Page 14
Arena Church Notes to the Accounts 12 Debtors Trade debtors Other debtors Prepayments and accrued income 13 Creditors: amounts falling due within one year Bank loans and overdrafts Trade creditors Other taxes and social security Other creditors Accruals 14 Creditors: amounts falling due after more than one year Bank loans and overdrafts Other loans Page 15 2025 6,798 129,463 11,917 148,178 2025 - 63,806 1,274 4,600 11,613 81,293 2025 € 347,397 18,270 365,667 2024 € 7,776 154,639 10,924 173,339 2024 € 29,708 - 788 9,062 8,376 47,934 2024 € 330,452 330,452
• Arena Church Notes to the Accounts 15 Movement in funds At 1 April 2024 Incoming resources (including other gains/losses € Restricted funds: Restricted income funds: Oliva's Fund Arena Legacy Mundy Street 1,421 43,908 30 81,506 - Total Unrestricted funds: General funds Designated funds: 45,329 81,536 627,420 454,684 Total 768 768 Total funds 673,517 536,220 Purposes and restrictions in relation to the funds: Restricted funds: Oliva's Fund Arena Legacy Mundy Street 16 Analysis of net assets between funds Help children in need To develop the churches activities in the community Mundy Street building renovation fund Fixed assets Net current assets Creditors due in more than one year and provisions Unrestricted funds € 855,839 97,722 (365,667) 587,894 Resources expended - (81,506) (81,506) (527,840) (580) (580) (609,926) Restricted funds - 11,917 - 11,917 Page 16 At 31 March 2025 1,451 43,908 45,359 554,264 188 188 599,811 Total € 855,839 109,639 (365,667) 599,811
Arena Church Notes to the Accounts 17 Reconciliation of net debt Cash and cash equivalents Borrowings Bank loans At 1 April 2024 13,118 13,118 (360,160) (360,160) (347,042) Net debt 18 Commitments Operating lease commitments Annual commitments under non-cancellable operating leases are as follows: 2025 Land and buildings 2025 Other € Operating leases with expiry date: Pension commitments 2025 The pension cost charge to the charity amounted to: 1,378 Page 17 Cash flows € 29,636 29,636 (18,270) 12,763 (5,507) 24,129 2024 Land and buildings € At 31 March 2025 € 42,754 42,754 (18,270) (347,397) (365,667) (322,913) 2024 Other € 2024 1,051
Arena Church Notes to the Accounts 19 Related party disclosures Transactions with related parties Name of related party Description of relationship Arena Community Charity subsidiary of Arena Church between the parties Description of transaction and general amounts Intercompany Account involved Amount due from/(to) the related party Name of related party The Project likeston Ltd Description of relationship A wholly owned subsidiary between the parties Description of transaction and general amounts Intercompany Account involved Amount due from/(to) the related party Name of related party Turner Consultants Ltd - Julie Turner Description of relationship person of significant control between the parties Description of transaction and general amounts consultancy services involved Amount due from/(to) the related party Name of related party Grace (GB) Ltd - Kristian Thorpe Description of relationship minister & trustee between the parties Description of transaction and general amounts consultancy & expenses involved Amount due from/(to) the related party Page 18 2025 € 129,463 (13,809) (48,777) 2024 154,639 38,553 (13,209) (43,992)
Arena Church Statement of Cash flows for the year ended 31 March 2025 Cash flows from operating activities Net expenditure per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from investments Decrease in trade and other receivables Increase/(Decrease) in trade and other payables Net cash used in operating activities Cash flows from investing activities Dividends, interest and rents from investments Net cash from investing activities Cash flows from financing activities Repayment of borrowings Net cash from/(used in) financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances Page 19 2025 (73,706) 9,607 (33,993) 25,161 63,067 (9,864) 33,993 33,993 5,507 5,507 29,636 13,118 42,754 42,754 42,754 2024 (154,588) 11,453 (22,645) 129,291 (3,684) (40,173) 22,645 22,645 (11,904) (11,904) (29,432) 42,550 13,118 13,118 13,118
Arena Church Detailed Statement of Financial Activities for the year ended 31 March 2025 Income and endowments from: Donations and legacies Offerings and Gift Aid Gifts and Special Offerings Arena Legacy Charitable activities Events Rental income Other trading activities Room Hire Management Charges Arena Community Other Total income and endowments Expenditure on: Charitable activities Events Rental income Total of expenditure on charitable activities Other expenditure Bank loan and overdraft interest payable Employee costs Salaries/wages Employer's NIC Pension costs Motor and travel costs Vehicles - Fuel Vehicles - Insurance and licences Unrestricte d funds 2025 € 351,495 3,904 355,399 2,042 2,042 63,250 - 63,250 33,993 33,993 454,684 48,088 52,268 100,356 100,356 27,809 27,809 131,838 1,378 133,216 260 1,240 Restricted funds 2025 € 30 81,506 81,536 - - 81,536 - - - - 14,802 - 14,802 Page 20 Total funds Total funds 2025 2024 351,525 3,904 81,506 436,935 2,042 2,042 63,250 - 63,250 33,993 33,993 536,220 321,768 2,814 69,279 393,861 994 3,330 4,324 62,004 5,352 67,356 22,645 22,645 488,186 48,088 52,268 100,356 100,356 60,896 123,487 184,383 184,383 27,809 27,809 146,640 1,378 148,018 260 1,240 28,774 28,774 151,978 871 1,051 153,900 297 1,280
Arena Church Detailed Statement of Financial Activities Vehicles - Repairs and maintenance Travel and subsistence Premises costs Rent Rates Light, heat and power Premises cleaning Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of land and buildings Depreciation of Office & Computer Equipment Depreciation of Fixtures, Fittings and Equipment Bad debts Bank charges Exchange rate (gain)/loss General insurances Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees Consultancy fees Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net expenditure 761 3,582 5,843 49,280 3,845 26,451 5,611 43,642 128,829 2,488 - 7,119 - 1,335 442 14,503 287 3,592 10,341 3,175 22,936 4,454 70,672 1,200 59,048 1,447 61,695 428,064 528,420 - (73,736) Page 21 2,000 2,000 49,250 49,250 - - - - : - - 15,454 15,454 81,506 81,506 - 30 761 5,582 7,843 49,280 3,845 26,451 5,611 92,892 178,079 2,488 7,119 - 1,335 442 14,503 287 3,592 10,341 3,175 22,936 4,454 70,672 1,200 74,502 1,447 77,149 509,570 609,926 (73,706) • 79 4,333 5,989 37,380 5,756 26,379 5,639 11,803 86,957 2,758 8,697 38,435 800 422 12,223 298 2,051 8,972 - 32,234 3,631 110,521 1,200 69,932 1,118 72,250 458,391 642,774 (154,588)
Arena Church Detailed Statement of Financial Activities Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward (73,736) - (73,736) 30 - 30 (73,706) (73,706) (154,588) - (154,588) 628,188 554,452 45,329 45,359 673,517 599,811 828,105 673,517 Page 22