**REGISTERED CHARITY NUMBER: 1052794**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **FOR**
## **KINGS CHURCH MARSHES**
**KINGS CHURCH MARSHES**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|12|
**KINGS CHURCH MARSHES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
a) To advance the Christian faith in accordance with the Statement of beliefs appearing in the schedule of the Deed in the County of Lincolnshire and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit.
b) To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said County and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit.
c) To promote and fulfil such other charitable purposes beneficial to the community in the said County and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit.
## **Grantmaking**
Grants are given to relating groups and individuals who are involved in missions work both in the UK and overseas.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
The activities of King's Church remain consistent, but with renewed investment in our building we are now operating from a stronger and more secure foundation. The congregation has continued to be actively involved in the rural communities of the Marsh villages, particularly in Manby, Grimoldby and the Carltons. Sunday services have continued to be held at Bowen House, Manby Park, Lincolnshire. Our links with other local churches have been strengthened through regular cluster breakfasts with church leaders and reciprocal visits by members of our leadership team.
There has been significant interest in our Alpha course, which supports those wishing to learn more about the Christian faith. This has resulted in a growing community of new believers and an increased engagement with the church. We continue to make ourselves available to any members of the community seeking understanding, support, and guidance in matters of faith.
A substantial amount of our time and energy is invested in the supported housing project at Bowen House. King's Church continues to work in partnership with Green Pastures and is now well established in providing housing, care and support for women who have experienced homelessness. We have developed a very strong and effective working relationship with the East Lindsey District Council Housing Team, enabling us to meet the needs of some of the most vulnerable homeless women across East Lindsey. This project has brought renewed vitality to Bowen House and has significantly increased day-to-day activity within the building.
King's Church also works in partnership with Morass CIC to provide healthy meals and enriching activities for children and young people who receive free school meals or who have additional educational needs. We facilitate this provision in support of Morass's contract with Lincolnshire County Council's Holiday Activities and Food (HAF) Programme, which operates during the Easter, Summer and Christmas school holidays. In addition, KCM hosts a monthly friendship group for children with additional needs and their parents, providing opportunities for connection, support and inclusion.
The church continues to operate the café on the ground floor for internal use, providing Sunday lunches and a Warm Space for elderly and vulnerable members of the community. The café is also used as a central hub for Project 58 residents, offering a safe and welcoming environment for social interaction, craft and cooking activities, training, and group-based life skills sessions. The café space remains available for hire for external events.
We continue to make good use of our community garden, developing practical knowledge and skills with Project 58 residents and participants in the HAF programme. This outdoor space provides valuable opportunities for physical activity, learning, and wellbeing, contributing positively to the mental and physical health of those who use it.
Page 1
**KINGS CHURCH MARSHES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **Reserves policy**
The level of reserves is closely monitored by the trustees to ensure any necessary action is taken at the appropriate time.
The charity had incoming resources in the year of £111,370 (2024: £106,020) and the outgoing resources were £112,601 (2024: £98,823).
The charity had free reserves at 31st March 2025 of £3,663 (2024: £8,386).
During 2025-26 additional rents have increased income allowing approximately £18,000 to be spend on further development. Due to the low level of committed expenditure other than rent and wages the trustees do not consider it necessary to keep free reserves as long as commitments are being met but do intend to build the cash reserves in the next year.
Rents continue to cover the costs of Bowen House and other costs are controlled based on cash available.
Therefore the trustees consider the charity to be a going concern.
## **FUTURE PLANS**
King's Church Marshes seeks to build on the strong foundations of Project 58 by increasing the capacity and quality of accommodation within Bowen House. Over the next few years, we aim to create 4 more self-contained units. This will optimize the use of our first-floor space and expand the provision we off in the local community. Alongside this we will widening the range of education, training and personal development opportunities available to residents. Our focus will remain on equipping each individual with practical skills, confidence and resilience, enabling them to move towards independence and long-term stability.
We aim to strengthen our position as a valued and reliable partner within the wider supported housing and community support network. By responding proactively to changes in legislation and aligning with the Supported Housing Improvement Programme, we will continue to develop high standards of care, governance and accountability. Investment in staff and volunteer training will remain a priority, ensuring our team is well equipped to meet both current and future demands.
A key area of development will be the establishment of a Wellbeing Hub as part of Project 58. This will provide a flexible space for residents, local charities and community groups to access support, activities and resources that promote health, connection and personal growth. Through this, we aim to widen our community engagement and offer meaningful social opportunities, particularly for those experiencing isolation due to age, vulnerability or additional needs.
Alongside this, King's Church will continue its core mission of serving the community through compassion, hospitality and faith. We will remain a place of welcome, stability and spiritual growth, offering Alpha courses and ongoing opportunities for people to explore and deepen their Christian faith. In every area of our work, our desire is to reflect God's love through both practical service and spiritual encouragement, bringing hope, dignity and purpose to all those we support.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Kings Church Marshes is a registered charity, regulated by a Declaration of Trust dated 17 January, 1996 amended 31 August, 1997.
## **Recruitment and appointment of new trustees**
The church seeks to appoint trustees from amongst the membership seeking to identify those most suitable to bring a balance of skills and strengths to the charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1052794
## **Principal address**
Bowen House Manby Park MANBY LN11 8UT
Page 2
**KINGS CHURCH MARSHES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **Trustees**
S. Franklin Mrs. D. M. Rusling Mrs. S. J. Walker (resigned 25.4.25) Mrs. H Blacow (appointed 12.3.25)
## **Independent Examiner**
C. M. Tams F.C.A. Smethurst & Co 12 Abbey Road GRIMSBY DN32 0HL
## **Bankers**
HSBC Bank plc Cornmarket Town Centre Louth LN11 9QB
## **PUBLIC BENEFIT**
The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing the aims and objectives prior to planning and developing activities.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which 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 and The Charity (Accounts and Reports) Regulations 2008. 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.
Approved by order of the board of trustees on ..23.01.2026.......................................... and signed on its behalf by:
. ........................................................................ S. Franklin - Trustee ~~&~~
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGS CHURCH MARSHES**
## **Independent examiner's report to the trustees of Kings Church Marshes**
I report to the charity trustees on my examination of the accounts of Kings Church Marshes (the Trust) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I 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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C. M. Tams F.C.A.
Smethurst & Co 12 Abbey Road GRIMSBY DN32 0HL
Date: .....23.01.2026........................................
Page 4
**KINGS CHURCH MARSHES**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
**----- Start of picture text -----**
31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 7,412 120 7,532 7,322
Charitable activities
Charitable activities 101,838 2,000 103,838 97,973
Other trading activities 2 - - - 725
Total 109,250 2,120 111,370 106,020
EXPENDITURE ON
Raising funds 653 - 653 2,155
Charitable activities
Charitable activities 109,948 2,000 111,948 96,668
Total 110,601 2,000 112,601 98,823
NET INCOME/(EXPENDITURE) (1,351) 120 (1,231) 7,197
RECONCILIATION OF FUNDS
Total funds brought forward 30,325 604 30,929 23,732
TOTAL FUNDS CARRIED FORWARD 28,974 724 29,698 30,929
**----- End of picture text -----**
The notes form part of these financial statements
Page 5
## **KINGS CHURCH MARSHES**
## **BALANCE SHEET 31 MARCH 2025**
|Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank|Unrestricted
funds
£
25,311
8,723
3|Restricted
funds
£
-
720
4|31.3.25
31.3.24
Total
Total
funds
funds
£
£
25,311
21,939
9,443
10,703
7
677|
|---|---|---|---|
|**CREDITORS**
Amounts falling due within one year
8|8,726
(5,063)|724
-|9,450
11,380
(5,063)
(2,390)|
|**NET CURRENT ASSETS**|3,663|724|4,387
8,990|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|28,974|724|29,698
30,929|
|**NET ASSETS**|28,974|724|29,698
30,929|
|**FUNDS**
11
Unrestricted funds
Restricted funds|||28,974
30,325
724
604|
|**TOTAL FUNDS**|||29,698
30,929|
The financial statements were approved by the Board of Trustees and authorised for issue on .....23.01.2026........................................ and were signed on its behalf by:
............................................. (——— S. Franklin - Trustee ae
The notes form part of these financial statements
Page 6
**KINGS CHURCH MARSHES**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
- Grants payable are included when approved by the Trustees and paid out.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Long leasehold 10% Straight Line - Fixtures and fittings 25% Straight Line
The policy of the charity is to capitalise items costing in excess of £250.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes as described in the notes to the financial statements. The cost of raising and administering such funds are charged against the specific fund.
## **2. OTHER TRADING ACTIVITIES**
## **3.**
|**OTHER TRADING ACTIVITIES**||
|---|---|
|Cafe income|31.3.25
31.3.24
£
£
-
725|
|**GRANTS PAYABLE**
Charitable activities|31.3.25
31.3.24
£
£
1,440
1,310|
|The total grants paid to institutions during the year was as follows:
Ground Level
International Network of Prophetic Centres
Isaiah 61 Movement|31.3.25
31.3.24
£
£
720
620
600
600
120
90|
||1,440
1,310|
Page 7
**KINGS CHURCH MARSHES**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
**5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
7,202
**Charitable activities**
Charitable activities
92,050
Other trading activities
725
**Total**
99,977
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Charitable activities
92,900
**Total**
92,900
**NET INCOME**
7,077
**RECONCILIATION OF FUNDS**
Total funds brought forward
23,248
**TOTAL FUNDS CARRIED FORWARD**
30,325|Restricted
funds
£
120
5,923
-
6,043
2,155
3,768
5,923
120
484
604|Total
funds
£
7,322
97,973
725
106,020
2,155
96,668
98,823
7,197
23,732
30,929|
|---|---|---|
Page 8
**KINGS CHURCH MARSHES**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **6. TANGIBLE FIXED ASSETS**
|**6.**
**TANGIBLE FIXED ASSETS**|||
|---|---|---|
|**COST**
At 1 April 2024
Additions|Long
leasehold
£
46,208
8,099|Fixtures
and
fittings
Totals
£
£
16,831
63,039
-
8,099|
|At 31 March 2025|54,307|16,831
71,138|
|**DEPRECIATION**
At 1 April 2024
Charge for year|25,478
4,339|15,622
41,100
388
4,727|
|At 31 March 2025|29,817|16,010
45,827|
|**NET BOOK VALUE**
At 31 March 2025|24,490|821
25,311|
|At 31 March 2024|20,730|1,209
21,939|
|**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax||31.3.25
31.3.24
£
£
7,935
10,678
1,508
25|
|||9,443
10,703|
|**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 9)
Other creditors||31.3.25
31.3.24
£
£
790
-
4,273
2,390|
|||5,063
2,390|
|**9.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts||31.3.25
31.3.24
£
£
790
-|
Page 9
**KINGS CHURCH MARSHES**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **10. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Building fund
Other Restricted
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Other Restricted
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Building fund
Other Restricted
**TOTAL FUNDS**|At 1.4.24
£
30,325
4
600
604
30,929
Incoming
resources
£
109,250
2,120
111,370
At 1.4.23
£
23,248
4
480
484
23,732|31.3.25
31.3.24
£
£
64,499
-
96,748
-
161,247
-
Net
movement
At
in funds
31.3.25
£
£
(1,351)
28,974
-
4
120
720
120
724
(1,231)
29,698
Resources
Movement
expended
in funds
£
£
(110,601)
(1,351)
(2,000)
120
(112,601)
(1,231)
Net
movement
At
in funds
31.3.24
£
£
7,077
30,325
-
4
120
600
120
604
7,197
30,929|
|---|---|---|
## **11. MOVEMENT IN FUNDS**
Page 10
**KINGS CHURCH MARSHES**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Naomi's Kitchen
Other Restricted
**TOTAL FUNDS**|Incoming
resources
£
99,977
5,723
320
6,043
106,020|Resources
Movement
expended
in funds
£
£
(92,900)
7,077
(5,723)
-
(200)
120
(5,923)
120
(98,823)
7,197|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|At 1.4.23
£
**Unrestricted funds**
General fund
23,248
**Restricted funds**
Building fund
4
Other Restricted
480|Net
movement
in funds
£
5,726
-
240|At
31.3.25
£
28,974
4
720|
|---|---|---|
|484|240|724|
|**TOTAL FUNDS**
23,732|5,966|29,698|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Naomi's Kitchen
Other Restricted
**TOTAL FUNDS**|Incoming
resources
£
209,227
5,723
2,440
8,163
217,390|Resources
Movement
expended
in funds
£
£
(203,501)
5,726
(5,723)
-
(2,200)
240
(7,923)
240
(211,424)
5,966|
|---|---|---|
## **Building fund**
Included in the Building fund are donations specifically to meet costs to maintain Bowen House.
## **Light in Africa**
Included in the Other restricted fund are donations to support a school in Kenya. £720 has been received for the Light in Africa project and will be distributed within the 2025-26 financial year.
## **Naomi's Kitchen**
Page 11
**KINGS CHURCH MARSHES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. MOVEMENT IN FUNDS - continued**
Naomi's Kitchen was created to meet the needs of children and their families who are experiencing food poverty. NK delivers fresh ingredients and nutritional education to families who need extra support, a warm space, Christmas hampers and lunches.
## **Social Isolation**
Included in the Other restricted fund is a grant from East Lindsey District Council for social isolation.
## **12. RELATED PARTY DISCLOSURES**
Donations made by trustees of the charity totalled £2,390 (2024: £2,310)
Rental income includes amounts received from trustees as follows: Franklin Associates - £2,750 (2024: £3,000)
Page 12