Annual Report and Financial Statements
for the Year Ended 31 March 2026
Transformation Community Church formerly New Life Church Crawley
Charity registration number: 1054438
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
## **TRANSFORMATION COMMUNITY CHURCH**
## **CONTENTS**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 to 20|
## **TRANSFORMATION COMMUNITY CHURCH**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Trustees** Elizabeth Tapp David Dickson Elizabeth Dickson Ian Tapp Keegan Singh Amelia Singh Kerry Murray **Charity Registration** 1054438 **Number**
**Principal Office** The Glade Furnace Green Crawley West Sussex RH10 6JL **Independent Examiner** G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG **Bankers** HSBC 9 The Boulevard Crawley West Sussex RH12 1UT
Page 1
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT**
The Trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2026.
## **Structure, governance and management**
## _**Nature of governing document**_
Transformation Community Church is a registered charity, number 1054438, and is constituted under a Trust deed.
## _**Recruitment and appointment of Trustees**_
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
## _**Risk management**_
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Objectives and activities**
## _**Objects and aims**_
The objects of the Church are for the benefit of the public, to:
- advance the Christian faith;
- relieve sickness and financial hardship through the provision of funds, goods or
- services of any kind including through the provision of counselling and support; and
- advance education in such ways and in such parts of the UK or the World as the
- Trustees may think fit.
## _**Public benefit**_
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## _**Vision and values**_
At Transformation Community Church, we are committed to fulfilling our vision to:
- Bring the good news of New Life in Jesus;
- Represent Jesus by being an Ark and Refuge; and
- Make disciples who wholeheartedly serve Jesus.
## **Achievements and performance**
## _**Review of actvities**_
The Trustees give thanks to God for His continued faithfulness over the past year and for the ongoing growth and strengthening of the Church community. We are grateful for the many individuals who serve faithfully across all areas of church life, giving their time, gifts and energy to advance the Kingdom.
Page 2
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT (CONTINUED)**
Trustee meetings were held regularly throughout the year, including key meetings in July 2025, September 2025 and March 2026, where decisions were made prayerfully and with a desire to steward well all that God has entrusted to us.
A significant milestone in the year was the public launch of Transformation Community Church in September 2025. This was marked by a community-focused event including a BBQ and children’s activities, which provided an opportunity to welcome and engage with the local community. We thank God for the encouragement and unity experienced during this time as we stepped forward into a new season.
The Church hosted a number of teaching series and events aimed at equipping and building up the body, including:
- A teaching series on the Book of Joshua beginning August 2025
- A Summer Bible School from July 2025
- A Prayer Series in October 2025 with visiting ministry from Alistair
- A Generosity Series in November 2025
- A Mission Weekend in December 2025 with Martin Durham (Kerygma180)
Throughout the year, we have continued to make use of technology and new systems, including ChurchSuite, to support the life of the Church, improve communication, and ensure good stewardship and accountability in administration.
## _**Ministerial Support & Ministries**_
The Trustees remain thankful for the leadership God has placed within the Church and for the unity and shared sense of calling across the leadership team.
During the year, leadership roles were clarified and strengthened:
- Rev David Dickson continued in his role as Senior Leader, focusing on vision,
- teaching, and raising up the next generation of leaders
- Kerry Murray was appointed as Executive Pastor (effective 2026), taking
- responsibility for the day-to-day running of the Church and ensuring that the vision is lived out in practical ways
- Bev Dickson continued to serve faithfully in prayer ministry, safeguarding and
- pastoral support
Significant preparation was undertaken for the sabbatical of David and Bev (May–September 2026). The Trustees approached this with prayerful consideration, putting in place structures to ensure continuity of care, leadership and teaching. We are grateful for the willingness of leaders, Trustees and external support to serve during this period.
We also recognise and give thanks for those stepping forward into leadership. Emerging leaders including Jayden, Dipika, Mark, Israel and Shanayde have been identified, reflecting a growing leadership pipeline. Shanayade has also been approached to serve as Safeguarding Deputy.
Page 3
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT (CONTINUED)**
In considering the future, the Trustees reflected on biblical models of leadership, seeking to ensure that we remain faithful to Scripture in shepherding, teaching and equipping the Church, while also developing structures that enable a broader expression of ministry leadership across the body.
Children’s and youth ministry continued to be an important area of growth. We are thankful for:
- The ongoing work of Little Stars and those who serve within it
- Increased support from volunteers including Musa
- The development of a Youth Café launching in May 2026
- The establishment of a youth communication platform designed to encourage faith,
- community and discipleship, while maintaining strong safeguarding practices
We also give thanks for those serving in practical roles, including the introduction of a stewarding/usher role to support the welcome and care of those attending services.
## _**Missions**_
The Trustees remain committed to supporting mission work both locally and internationally, recognising the call to share the Gospel and demonstrate God’s love in practical ways.
During the year, we were able to provide financial and pastoral support to several individuals and ministries:
- Support for Sarah Yousaf, an evangelist in Pakistan working with young men
- recovering from drug abuse
- A one-off gift of £3,000 to Pastor Dilan in Sri Lanka to assist with significant financial
- hardship affecting his family
- Contributions to local initiatives including Lighthouse Prayer and Christians Against
- Poverty (CAP)
We give thanks for the opportunity to partner in the work God is doing in different nations and contexts.
Plans were also made for an overseas mission trip to Ghana and Nigeria in October 2025, as well as a Mission Weekend in December 2025 with Martin Durham of Kerygma180, helping to inspire and equip the Church in its missional calling.
## _**Evangelism**_
Evangelism continues to be central to the life and calling of the Church, and we are encouraged by the ways in which this has been expressed throughout the year.
The Transformation Community Church launch event in September 2025 provided a valuable opportunity to connect with the local community in a welcoming and accessible way.
In addition, a range of teaching series, events and initiatives have helped to strengthen both discipleship and outreach, including the Summer Bible School and seasonal teaching series.
Page 4
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT (CONTINUED)**
We are particularly encouraged by the development of youth-focused outreach, including the Youth Café launching in May 2026, which seeks to create a space for young people to connect, explore faith, and build community.
The Trustees give thanks for all those involved in outreach and evangelism, both in organised activities and in their daily lives, living out and sharing their faith.
## _**Safeguarding & Pastoral Care**_
The Trustees recognise the importance of safeguarding and pastoral care as a core responsibility and ministry.
During the year:
- Safeguarding policies and codes of conduct were reviewed and updated
- Safeguarding training was delivered by Bev Dickson in September 2025
- Clear and robust safeguarding processes were implemented for youth engagement
- and communication
- Ongoing pastoral care was provided through leadership, connect groups and ministry
- teams
We give thanks for those who serve in pastoral roles and for the care shown across the Church community. The Trustees remain committed to ensuring that the Church is a safe, supportive and nurturing environment for all.
## _**Building Work**_
The Trustees thank God for the provision and use of the Church building and recognise the importance of maintaining and developing it as a place for worship, fellowship and outreach.
## _During the year_
- Sound and visual systems were upgraded, supported by Dan from DSAV, with
- training provided to volunteers
- IT improvements were made, including equipment upgrades and improved working
- spaces
- The Ark building was adapted to provide a more functional office environment
- New signage was installed to improve visibility and communication
We also give thanks for opportunities to use the building to serve the wider community, including hall hire arrangements such as the local choir beginning in September 2025.
The Trustees explored potential building expansion in partnership with Mayway Builders, including plans to increase capacity and improve facilities. While initial steps were taken, the Trustees felt it wise to proceed prayerfully and cautiously. As such, further fundraising and discernment will be required before progressing, including a proposed initial target of £6,000 for surveys.
Page 5
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT (CONTINUED)**
## **Financial review**
The Trustees recognise their responsibility to steward finances wisely and with integrity and give thanks for God’s continued provision over the past year.
Financial oversight during the year included:
- Review and correction of year-end accounts
- Ongoing management of banking and administrative processes
- Approval of salary adjustments, including for Kerry Murray, reflecting her increased
- responsibilities
- Consideration of staff welfare, including medical support options
We have also begun to develop more structured budgeting for ministry areas, including youth and worship, to support effective planning and stewardship.
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.
## _**Going concern**_
The Trustees have performed a review of the financial position of the church and believes there are sufficient resources to manage any financial risks. We have continued to manage our finances prudently. The Trustees reasonably expect that we have adequate resources to continue operating for the foreseeable future. Therefore, the Trustees continue to adopt the going concern basis of accounting in preparing the annual report and financial statements.
Page 6
## **TRANSFORMATION COMMUNITY CHURCH**
## **TRUSTEES' REPORT (CONTINUED)**
## **Statement of Responsibilities**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these 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;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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 that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the Trustees of the charity on 29 April 2026 and signed on its behalf by:
......................................... David Dickson Trustee
Page 7
## **TRANSFORMATION COMMUNITY CHURCH**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSFORMATION COMMUNITY CHURCH**
I report to the Trustees on my examination of the accounts of Transformation Community Church for the year ended 31 March 2026.
## **Responsibilities and basis of report**
As the charity Trustees of Transformation Community Church 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 Transformation Community Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I 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 Transformation Community Church 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 accounting 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.
...................................... G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
29 April 2026
Page 8
## **TRANSFORMATION COMMUNITY CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
|**Note**
**Unrestricted**
**funds**
**£**
**Income and Endowments from:**
Donations and legacies
2
101,245
Investment income
3
418
Total income
101,663
**Expenditure on:**
Charitable activities
4
109,914
Total expenditure
109,914
Net expenditure
(8,251)
**Other recognised**
**gains and losses**
Gains/losses on
revaluation of fixed
assets for charity's own
use
-
Net movement in funds
(8,251)
**Reconciliation of funds**
Total funds brought
forward
453,955
Total funds carried
forward
12
445,704|**Restricted**
**funds**
**£**
7,647
1
7,648
8,236
8,236
(588)
-
(588)
3,946
3,358|**Total**
**2026**
**£**
108,892
419
109,311
118,150
118,150
(8,839)
-
(8,839)
457,901
449,062|**Total**
**2025**
**£**
90,091
544|
|---|---|---|---|
||||90,635|
||||106,999|
||||106,999|
||||(16,364)
4,497|
||||(11,867)
469,768|
||||457,901|
The notes on pages 11 to 20 form an integral part of these financial statements. Page 9
## **TRANSFORMATION COMMUNITY CHURCH**
## **BALANCE SHEET AS AT 31 MARCH 2026**
|**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Debtors
9
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
10
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
12|**2026**
**£**
371,796
371,796
14,404
63,792
78,196
(930)
77,266
449,062
3,358
445,704
449,062|**2025**
**£**
371,334|
|---|---|---|
|||371,334|
|||13,097
74,919|
|||88,016
(1,449)|
|||86,567|
|||457,901|
|||3,946
453,955|
|||457,901|
The financial statements on pages 9 to 20 were approved by the Trustees, and authorised for issue on 29 April 2026 and signed on their behalf by:
......................................... David Dickson Trustee
The notes on pages 11 to 20 form an integral part of these financial statements. Page 10
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Transformation Community Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **Going concern**
The Trustees are satisfied that there are no material uncertainties relating to events or conditions which cast doubt upon the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
## _**Interest receivable**_
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Page 11
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## _**Grant provisions**_
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Land and buildings|2% on cost|
|Furniture and fittings|25% on cost|
|Equipment|25% on cost|
## **Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 12
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **Liabilities**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the Trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 13
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **2 Income from donations and legacies**
|Donations and legacies;
Donations
Gift aid reclaimed
Other income from
donations and legacies
**3 Investment income**
Interest receivable and
similar income;
Interest receivable on
bank deposits|**Unrestricted**
**funds**
**General**
**£**
82,467
14,405
4,373
101,245
**Unrestricted**
**funds**
**General**
**£**
418|**Restricted**
**funds**
**£**
7,647
-
-
7,647
**Restricted**
**funds**
**£**
1|**Total**
**2026**
**£**
90,114
14,405
4,373
108,892
**Total**
**2026**
**£**
419|**Total**
**2025**
**£**
76,829
10,123
3,139|
|---|---|---|---|---|
|||||90,091|
|||||**Total**
**2025**
**£**
544|
Page 14
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **4 Expenditure on charitable activities**
|**Unrestricted**
**funds**
**Restricted**
**Note**
**Designated**
**£**
**General**
**£**
**funds**
**£**
Evangelism/Training
-
1,880
-
Ministry costs
-
5,392
-
Sunday School
-
48
-
Premises expenses
-
13,570
-
Advertising and
publicity
-
376
-
Equipment
-
4,754
-
Printing, postage and
stationery
-
2,009
-
General
administrative
expenses
-
1,916
-
Subscriptions
1,560
2,505
129
Hospitality
-
2,359
-
Travel costs
-
680
1,757
Legal and
professional fees
-
635
-
Bank charges
-
139
72
Sundries
-
-
-
Independent
examination
-
912
-
Depreciation
-
13,299
-
Grant funding of
activities
5
-
7,852
6,278
Staff costs
7
-
50,028
-
1,560
108,354
8,236|**Total**
**2026**
**£**
1,880
5,392
48
13,570
376
4,754
2,009
1,916
4,194
2,359
2,437
635
211
-
912
13,299
14,130
50,028
118,150|**Total**
**2025**
**£**
4,723
2,503
6
11,995
160
1,838
127
2,129
3,389
139
3,962
641
327
161
912
9,576
15,047
49,364|
|---|---|---|
|||106,999|
Page 15
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **5 Grant-making**
## **Analysis of grants**
|Mission donations|**Grants to institutions**
**2026**
**£**
**2025**
**£**
14,130
15,047|
|---|---|
## **6 Trustees remuneration and expenses**
During the year, three Trustees received remuneration as employees of the church amounting to £40,414 (2025: Three Trustees £39,944).
During the year, two Trustees received benefits in kind in the form of pension contributions amounting to £838 (2025: Two Trustee £802).
During the year, the business owned by a Trustee supplied materials and property maintenance work amounting to £150 (2025: £1,254).
The only other payments made to the Trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.
## **7 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2026**
**£**
49,190
838
50,028|**2025**
**£**
48,562
802|
|---|---|---|
|||49,364|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
||**2026**||**2025**||
|---|---|---|---|---|
||**No**||**No**||
|Staff||3||3|
No employee received emoluments of more than £60,000 during the year
Page 16
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **8 Tangible fixed assets**
|**8 Tangible fixed assets**||||||
|---|---|---|---|---|---|
|**Land and**
**buildings**
**£**
**Furniture**
**and**
**fixtures**
**£**
**Cost**
At 1 April 2025
420,000
19,788
Additions
-
13,762
At 31 March 2026
420,000
33,550
**Depreciation**
At 1 April 2025
50,400
19,435
Charge for the year
8,400
3,794
At 31 March 2026
58,800
23,229
**Net book value**
At 31 March 2026
361,200
10,321
At 31 March 2025
369,600
353
**9 Debtors**
Accrued income
**10 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors
Accruals|**Furniture**
**and**
**fixtures**
**£**
19,788
13,762||**Equipment**
**£**
10,174
-||**Total**
**£**
449,962
13,762
463,724
78,628
13,300
91,928
371,796
371,334
**2025**
**£**
13,097|
||33,550||10,174|||
||19,435
3,794||8,793
1,106|||
||23,229||9,899|||
||10,321||275|||
||353||1,381|||
||||**2026**
**£**
14,404
**2026**
**£**
1
-
197
732
930|||
||||||**2025**
**£**
151
272
294
732|
||||||1,449|
Page 17
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **11 Pension and other schemes**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £838 (2025 - £802).
Contributions totalling £199 (2025 - £141) were payable to the scheme at the end of the year and are included in creditors.
Page 18
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **12 Funds**
|**12 Funds**|||||
|---|---|---|---|---|
|**Unrestricted funds**
**_General_**
General Funds
**_Designated_**
Training fund
**Total unrestricted funds**
**Restricted funds**
Mission fund
**Total funds**|**Balance at**
**1 April**
**2025**
**£**
449,755
4,200
453,955
3,946
457,901|**Incoming**
**resources**
**£**
101,663
-
101,663
7,648
109,311|**Resources**
**expended**
**£**
(108,354)
(1,560)
(109,914)
(8,236)
(118,150)|**Balance at**
**31 March**
**2026**
**£**
443,064
2,640|
|||||445,704
3,358|
|||||449,062|
## **Designated funds:**
The **Training fund** is to fund Kerry Murray's training and miscellanous costs. **Restricted funds** :
The **Mission fund** is to support specific mission costs.
|**Unrestricted funds**
**_General_**
General Funds
**_Designated_**
Training fund
**Total unrestricted**
**funds**
**Restricted funds**
Mission fund
**Total funds**|**Balance**
**at 1 April**
**2024**
**£**
456,358
5,500
461,858
7,910
469,768|**Incoming**
**resources**
**£**
80,586
-
80,586
10,049
90,635|**Resources**
**expended**
**£**
**Other**
**recognised**
**gains/(losses)**
**£**
**Balance**
**at 31**
**March**
**2025**
**£**
(91,686)
4,497
449,755
(1,300)
-
4,200
(92,986)
4,497
453,955
(14,013)
-
3,946
(106,999)
4,497
457,901|**Resources**
**expended**
**£**
**Other**
**recognised**
**gains/(losses)**
**£**
**Balance**
**at 31**
**March**
**2025**
**£**
(91,686)
4,497
449,755
(1,300)
-
4,200
(92,986)
4,497
453,955
(14,013)
-
3,946
(106,999)
4,497
457,901|
|---|---|---|---|---|
|||||453,955
3,946|
|||||457,901|
Page 19
## **TRANSFORMATION COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 (CONTINUED)**
## **13 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted funds**
**General**
**£**
**Designated**
**£**
371,797
-
72,198
2,640
(931)
-
443,064
2,640
**Unrestricted funds**
**General**
**£**
**Designated**
**£**
371,334
-
79,870
4,200
(1,449)
-
449,755
4,200|**Restricted**
**funds**
**£**
-
3,358
-
3,358
**Restricted**
**funds**
**£**
-
3,946
-
3,946|**Total funds**
**at 31**
**March**
**2026**
**£**
371,797
78,196
(931)|
|---|---|---|---|
||||449,062|
||||**Total funds**
**at 31**
**March**
**2025**
**£**
371,334
88,016
(1,449)|
||||457,901|
Page 20