Registered Company No.. 3203917
The Christian Conference Trust
Consolidated Annual Report and Financial Statements
for the year ended
31 sl October 2025
Registered Charity No: 1056604
seNing the Christian family, with beautiful venues
and great hospitality, to see ministry flourish

The Christian Conference Trust
Trustees. Annual Report
For thè yèar èndod 31 St October 2025
Contents
Page
Referencè and Administrative details of the Charity, its trustees and advisers
Trustees, Annual Report {induding Strategic Report)
ststernenl of Tiuslees, Responsibilities
Independent Auditorfs Report
Consolidated Statement of Financial Activits'es
(incorporating a consolidated income and expèndsture account)
13
Balance Sheets
14
Consolidated Cash Flow Statèment
15
Notes to the Financial Statements
16
Page i
The ChTrsfj4n C(d￿lenCe Re[thi￿a FinAndd si*mèn1$2024125

The Christian Confar*nc• Trust
Tru$tees' Annual Report
Forthe yearended 31°, Octobar 202S
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY,
ITS TRUSTEES AND ADVISERS
Legal Status
The Christian Conference Trust I'the Trust'l is a règistefed charity Iregislralion number 10566041 and is
consliluled a5 a company registered in England and Wales and limited by guafanlee Iregislralion numbér
320391
Trustees
Ele¢ted by tnembers..
Andy LLicas Ichairl
Hayley Beokett
Andrew Cave
Dionne Grav6sandè
Sharon GrÈa$ley
John Levick
Nicholas Myers
Mi¢hael Page
Michael Quantick
Michael Talbot
Bankèrs
Barclays Bank plc Charity Bank
Third Floor Office Fosse House
2 High Street
182 High Streèt
Nottingham
Tonbridge
NG1 2EN
TN9 15E
Auditor
Moore Kingston Smith L L P
9 Appold Stfeet
London
EC2A 2AP
RÈglstèr•d Offi¢è
The Christian Conference Trust
The Hayes Conference Centre
Hayes Lane
Swanwi¢k
Alfreton
Derbyshire
DE55 1AU
Senior Managemgnt
John Heasman
Chief Executive
Lorna Page
Finance Director
Mark Rowe
Sales & Marketing Director
Heather Thomas
Operations Director
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CoAlerenoETtUstAnnU￿ RfWKtand Slatefn8nts2024125

The Christian Conferèncè Trust
Tru$tÈes' Annual Report
Fortheyearended 31°, October 2025
STATEMENT OF FAITH
The Trust's Statement of Faith is"INe Ctsnfess the Lord Jesus Christ as God and Saviour and seek to fulfil
mylour calling to thtr glory of one God.. Father, Son and Holy Spirit..
OBJECTIVES
The charitable objectivè lor whi¢h the Tru51 is e5tablistted, as slated in its Memorandum and Articles of
Association, is'lo promote the Christian religion, in particular by providing faeilrties at less than thé
cornrnercial rale for conferences retreats and meetings. This is achieved by reinvesting the annual net
surplus of the organisation to continue to imprtsve and develop the facilities available lo guests.
The Trust runs centres foT residential and day conferences. There are currently three cèntres,. Thè Hayes in
Derbyshire, High Leigh in Hertfordshire and Highgate Housè in Northamptonshiie.
Our ￿nIreS have a rich Christian legacy with whi¢h many of our groups are connected. As the charity is non-
denominational in outlook we aim lo provide inclusive, Sale, comfortable and welcoming pla￿$ of conference
and prayer whère, in the words of one of our founders, 'all Christians might meèt and taka eounsel together
about the affairs of the kingdom of God. We put this into effe¢t by.
seeking God's leading for the Trust in all that we do
organising our5elve5 to meet our guests, requirements, rather than expècting them to meet ovrs
striving lo Ireal our guests as we would wish to be treated
valuing each member of staff, Providing them with 5UPPOrt and training as necessary, offering employrnenl
based on a mutually benefi¢ial ielationship. and recruiting in the expectation that the Trust's Chyislian
ethos will be honourtrd and promoted
empowering and encouraging each member of staff lo takè decisions that improve or enhance each
guest's experience of our centres
playing our part as an interested and concerned corporate alizen in each community where we operate
Where there is excess capacity. the Trust has historically also provided hospitality and conference facilities to
charities and public sector org3nisalions that are not primarily Christian, through a whoHy owned subsidiary
ompany, Fiisl Conference Estate Ltd IFCEI. All taxable profits of the subsidiary are gifted to the Trust.
However, in recent year5 demand from Christian groups has grown significantly and as thè Trust is legally
obliged lo priorilise space lor Christian groups, this means that 3vailability lor other groups through its trading
subsidiary has become increasingly limited. In wew of that the Board ol FCE agreed to make some chan9È5
to FCE booking eligibility during the period to only a￿ept lulure bookings from groups which have
longstanding relationship FCE al The Hayes and High Leigh. Highgate House only takes bookings on
beha￿ ol thè Trust.
PERFORMANCE AND ACHIEVEMENTS
We thank God for another blessed year of operats.tsn with strong dem8nd from churches and Christian groups
spending time away together in residential ministry at tsuf cenlres.
W8 aehièved 121,150 visitor nights for the year12023124.'119,1001 the vast majority of which wère attiibutable
to churche5 and Christian groups as we continue to deliver thè prineipal objective of the charity by being abl•
to provide these groups with the benefit ol charges at less than thè Commercial rate. A combination of great
value, beautiful well-located venues and wam) Christian service Consislenlly leads lo very high levels of gu0$1
satisfaction and repeat bookings.
Our new centre Highgate House in Northamptonshire which opened in June 2024 is proving very popular with
churches and Christian groups.
A £2m project to build a major new conference hall al High Leigh commenced on site in February 2025 with
thè new facility available for groups from summer 2026. We thank God that this project was funded trnlirely
through the generosbty ol a Christian donor.
We are blessed wrth a committèd and servant-hearted staff team, many of whom live in the local community
in which each tsf our centi85 are located. Ouring the year we introduced our new Leaming Management
System.. a dedicated portal for staff training. We also invested heavily in our learning and dèvèlopment
environment during the year, to ensure our staff team continue to be well trained and equipped.
P*)e 3
The ChYWl￿ConIQr¢nC4 TM$iAnnLd Rep¢rtOndFinthtsd Statements 2024125

The Christian Conference Trust
Trustè•s' Annual Report
Forthe year ended 31" October 2025
We continue ovrjoumey ol 8nvironmerilal slewaidship in partnership with A Rocha UK, with a growing
undèrstanding across the Trust of our responsibilities and opportunities as a charity. We completed our second
C8rbon footprint assessrnenl in 2025 which helps us prioritise invèstmènt in crèation-care for our cenlres.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Corporate governat)ce is As ielevant in the charitable sector as il is in the commercial world. The trustees of
the Christian Conferen¢e Tiusl aiEn lo have high standards of accountabilrty as well as a proper and ethical
perforrnance of their duties.
During the year the Board and its committees mel iegularty. both fac&lo*face and by video-conferen￿.
Gov8rnanc• arrnngamgnts
The Trust is a registered charity Iregislralion nuTnber 10566041 and is consliluted as a company registered in
England and Wales and limited by guarantee (registration number 32039171. Its objects and powors are sel
out ils Memorandurn and ArticSes of Association, most recently revised in 2021.
The Iruslees of the charity are the directors of the company and are known as thè Board. The Board ￿eelS
quarterfy and Is responsible for the strategic decisions ol the company, having règard to advice from senior
management. Day-to-day operational decisions are made by senior managerrenl. The Chair and Chief
Executive are in regular conta¢l between Board meeting5.
The composrtion of the Board is as follows..
The Board comprises a minimum of four and a maximum of 17 trustees
Trustees serve four-year terms. and no trustee can Serve for more than three consecuts've full terms wilhoul
a break of al least twelve months
While five Christian charities each have a right to nominatè a trustèe, none have done so in recent years
and three have indicated that they will not do so in the future
Other trustees may be nominated for election by any mernber of the Trust. Trustees may also recommend
individuals for election
Eligibility for election requires subscription to the Trust's Statement of Faith and musl be eilhei a member of
an organisalion which is a member of the Trust, or an individual who Is a mernbei ol the Tru51
Appropriate training is provided for new and existing trusteés required.
The Name5 of the Iru5tees who have served on the Board during thè yèar and up lo the dale of signing are
shown on page 2.
There are Ihree permanent Board commrtlees.. Audit and Compliance, Estates and Health & Safety and Sales &
Markèting, @aeh having specific lerrns of reference and ￿nCtionS delegated by the 8oafd.
Management Structur8
The Chièf Exè¢ulive is iesponsible to the Board for the overall management of the Trust's affairs, leading the Senior
Leadership Team which comprises the Operations Director, Finance Dirèctor and Sales & Maikeling Director.
The current Senior Lèadeiship Team bring5 8 breadth of experience to the Trust from previous roles in the
cornrner¢ial. public and charrtable sectors, including thehospitality and conferencing industries.
The Chief ExecutNe 15 a non-execulive trustee of tsvo other unrelated Christian charitiès and is also on the
worldwKle board of an internalional umbrella association representing Christian rèsidential ministry in over 80
countries. This involvement with other Christian organisations enables Ihts sharing of best practice in
leadership and governance for the benefit of the Trust.
Sènlor Managèmèrtt Remuneration Policy
The Trust is committed lo ensuring we pay our staff faidy and in a way which ensures we attract and retain
the right skills lo have the greatest impact indelivèring our charitable obje¢tive$.
Pau84
Th•ChrtstyaD Conf•r•DuTNStAnnU￿ R¢portandFinÈnQ￿$t&t?rn￿nts2o24l2S

Thè Chrlstlan Conftrènee Trust
Trustees. Annua5 Report
Fortheyearendod 315t Octobèr 2025
The Audit & Compli8n¢e COmTnittee also acts as a remuneration committee on behawofthe Board, ￿v￿Ing staff
remuneration at least Or￿ annualty. The committee reviews senior management pay against comparable third-
sector organisations and ensLJres salari8s remain compelilive within the sector in which the Trusl operatès.
Staff
The work of the Trust relies on the ¢ommilment and hard work of ils valued staff. The Trust's management
team communicate5 regularly and openly with staff, through use of rts in-house portal Beeke&p&r. team
briefings, regular one-to-ones and at its annual staff conference, The Big EveFYI.
The Board recognises that. under God's le8ding, the success of the Trust is due in no small part to the
¢ontinuing effort5 of the highest order by everybody who works for the Trust. whether they aré gu8St-18ang or
work behind the scenes. The Board wants to publicly acknowledge the great job that has been done by the
whole Trust family over the past year.. thank you lor all you do.
Dio¢tor¥' indemnities
The Company has made qualifying indemnity provisions for the benefrt of ils diTector5 which were made during
the year and remain in force at the dale of this report.
Related Parties
The Christian Conference Trust has 3 whtslly owned subsidiary, First Conference Estate Ltd. During the year
management charge of £1.1 m12023124 £1.3ml was made by the Trust lo the subsidiary company.
Publle 8èn•frt
The Trustees confimi they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities.
Ttte trustees ensure that prices are kept a$ affordable as possible, whilst still ensuring there are sufficient
funds for maintaining and improving the facilities offered.
Fundraising Regulations Stat•m•nt
Under provisions of section 13 of the Charities Act. the dis¢10suie of fundraistng practices is required. This
provision is not applieable for The ChTislian Gonference Trust given the Charity does not partake in fundraising
activities therefore no corresponding fundraising income 15 raised.
Inv•stm•nt Policy
The Iruslees have the authority conferred by the Articles of Associalion of the Charity to invest moniès not
immediately required in such investments as they think fit.
PRINCIPAL RISKS AND UNCERTAINTIES
The trustees have considered the rnajor risks that the Trust is exposed to and maintains a risk rÈgisler which
is regularly reviewed by trustees. As part of this proeÈss, they havè assessed the likely level of impact such
risks pose on the organisation. The principal risk the trustees believe the organisalion faces is that of damage
to its reputation which could substsnlla1￿ affect bookings or operations.
The trustees have assessed the arèas of greatest reputational risk to the Trust as serious health and safety or
safÈguaiding incidènts. cyber-risks andlor financial compromise. Measures have been taken to mitigate
spec4fic risks, including the employment of a senior manager with health and safety responsibilrtiès to
irnplement appropriate standards, processes. controls and prèventativè me35uies alQLJnd food safety. fire
safety, legionella control and the genèral health and 58fely of gue515 and 51aff. The Estates and Health &
Safety Committeè Considers the inleinal contro15 in pla￿ for our heatth and safety environment, and risks to
buildings. identifying key areas which require action to be taken.
In ￿l8110n lo safeguarding. the Tru51 has appointed a Designated Safeguarding Person both within thè Senior
Leadership Team and Board of trustees. The Trust regularty reviews its safegLJarding operaty'onal pra¢tices
with support from third-party advisers. with training prowded both to stsff and trustees.
The Trust ensures it has robust eybèr-secvrity measures in place and regularly undertakes system5
penelralion lesls lo rllinimise the risk of systems or data loss or access.
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RVrt￿dFI￿andal Stabrffits2024125

The Christian Conferonco Trust
Trustèes. Annual Report
Fortheyear ended 31°, October 2025
In addition. the Audit and Compliance Committee is responsiblè for rewewin9 inlemal financial controls and
covering other risks by insurance. The trustees undertake this process on a regular basis to ensure the
operations of the gTOUP are adequately protected against the risks it faces in achieving its main objeelives.
The tru51ees monitor inlemal control through the regul8r review of the financial p0511ion and the control
environment. The Trust operatès a comprehensiveannual planning and budgeting system. Any significant
changès to thosè plans are subject lo specific approval. The financial reporting system compares results with
the plan monthly. with management infomation regularly reported to trustees.
Going Con¢¢rn
The financial staternen15 are prepared on a going concern basis which assutnès the Tru51 will continue in
operalional existence lor the foreseeable future. Forecasts have been prepared under various trading
scenarios for the twelve months from thÉ dale of approval of these financial slalements and based on these
and the levèl of resèrves available. the Iruslees have concluded Ihere is no material uncertainty as to the
Tru51's ability lo meet ils liabilities as they fall due. Accordingly. the trustees Continue to adopt the going
concern basis in the preparation of the financial statements.
FINANCIAL REVIEW 2024125
Income
Trading In￿rne for 2024r25 was £9.8m12023124'. £8.Sml with an additional £1.5m ieslricted donalion12023124..
£1.3ml towards the new conference hall at High Leigh. Total £n(x)me this perK)d therefore being £11.4m.
Expendlture
Total expenditure for 2024125 arnounled lo £10.2rn12023124.' £9.2ml. The Trust regularly invests significant
Surpluses to upgrade both facilities available to guests and as$els amounting lo £2.6m this year (shown within
note 121.
Funds Movèm•nt
Net expenditure for the year detailed above resutted in an overall annual SU￿￿5 of £1.02m12023124'. £679kl.
Reser¥e$ Policy and Financial Position
As shown in the group's balance sheet on page 14, thé total funds al the end of the year amounted lo £12.6m
12023124.. £11.4m) representing unrestricted funds of £10m12023124.' £10.1 ml and restricted funds of £2.6
12023124. £1.3ml.The loalisation of these ftind5 being achievable by deprecAation of fixed assets held for charity
use.
The Board of Tru51ees has a responsibility to be good steward$ of the finan¢ial resour¢es we have been
entrusted with and approved a new Resèrves Policy in April 2026. Our Tiustees acknowledge their legal duties
to act in the interests of the Charity and its benefieiaiies. to protect and safeguard the assets of the Charity. to
act with reasonable care and skill. and lo ensure the Charty is accountable. Our free reserves are that part of
our Ljnrestrictèd funds that 15 treely available to spend on any of the Trust's purposes. In determining free
reserve5. the Trustees have identified specific elements to meet financial tsbligalions in relation lo various
matters and circumstances that may arise. These include an amount lo cover three months of operating
expenditure, a payroll reserv8 to meet staff terrninalion c051s, and an arnount lo allow for unbudgeted major
premises expenditure in ordei lo maintsin day-to-day guest operations. The aggregate level of target free
reseNes has been set prudently 8nd totals £2.1m-£2.6m (seasonally dependent). At 31 st October the Trust had
negative free ieserves of £2.6m. Trustees are committed to bringing th8 amount of free reserves held in line
with the target by the end of the current strategic ¢ycle in 2030 Ihiough judiciou5 cost management and
investment. It should be noted that thè Trust operate5 a paY-1n-advan￿ model and that the negative position of
free reserves is offset by the deferred income level, £3.4m al 31st October 2025.
Pape6
Thgchdsoan Confer¢ncg Tru51Annu4 Reportand Finan¢4d SiSt&men1$2D24125

The Christian Conference Trust
Trusteès, Annual Report
Forthe yearended 31" October 2025
PLANS FOR THE FUTURE
In January 2025 the board of trustees approved our 2030 strategic plan. This strategic plan is called °Inv8sling"
because we are committed lo investing through main strategic pillars." invesl-l(Fprolect and invest-to.grow.
The invesl-to-prolect pillar is about suslainabilty and excellence. It's about maintaining our sweet spot and de-
rssking the organisation with a core focus on doing what we do well.
The inve51-10￿rOW pillar is about opportunity and iTnpacl, extending our reach as we take a ri$k-based approach
lo opportunities for growth.
Thèsè strategic pillars are driven by five clear strategi¢ prin￿pIes.. charitable-objective fijlfilling, faith-led,
risk-5aV￿y, change-ready and investmenl-cenlric.
Our 2030 strategic plan includes the following areas of largeled investment.,
11 our Christian alhos and values
21 our staff
31 our market knowledge
41 our organisational resilience
S} qualty of gue51 experience
61 Our cenlies
71 our environment
8} our govemance
We believe we have a particular opportunity in this next slr*egi¢ CYC￿ lo develop a voice-stratègy or thought
leadership for the changing church. Wè are wèll positioned lo develop this role from the stiong position our
doctrinal neutrality affords us togèther with the shop-window we are for the chui¢h. wrth over 120,000 visitor
nights recorded at our cenlres in the past year. We are seeing unprecedented ¢han9e in our target market, with
essential￿ tiadilional denominations declining and newer tsnes growing. We want to ensure that our offering
continues to be ielevant and attractive to a changing markèt. while also cautiously exploring product and market
development lo satisfy the significant demand for Chiislian residential conferencing.
As we invest strategically in our rnaikel knowledge we believe there is a n&8d to publish aulhorilalive and
independent state-of-the-nalion research, mapping changes in recorded church attendance demographic by
denomination, together with worshipper characteristies includillg age. gender, ethnicity, and socioeconomic
b8¢kgroynd. We are actively exploring wrth thiid-party statistical researchers how we develtsp this research both
for the benefit of delivering the Trust's objectives and also for the UK church generally. Wé hope lo be in a
position lo publish our first report in 2027.
We arè blessed 8$ 8 charity to run a financially sustainable organisalion which does not require financial support
for day-to-day operating costs. As we deliver against our 2030 slialegy. we are prayerfully building relation5hip5
with those who the Lord has blessed materially who may be able lo support our vision for investm&nl, whether
Ofganic or inorganic and intend launching 8 capital improvement fund this year to support this.
As part of our 2030 strategic deliverables, work on a new 30￿S¢3tef conference hall at High Leigh is
scheduled to open to guests in summer 2026. We pray that this invostmenl will be a great blessing to the
church.
As we invest in our staff and organisation81 resilience, we are planning on strèngthening the Senior Leadership
Team during 2026 with the appointment of a Central servI￿s Director. In an ill¢reasingty challenging règulatory
and lègal operating environment we want to ensure we have sénior dedicated resources lo professionally
manage our e51ate, compliance, procurement and hutnan resources functions.
Pag8 7
Th8Chriytian Conl8r8nc8TtustknDual RwrtaiaFinan¢481 Sl*mè￿52024l2S

The Christian Conferencè Trust
Trustèès, Annual Report
Forthe year ended 31°, October 2025
TRUSTEES. STATEMENT OF RESPONSIBILITIES
The trustees (who are also directors of The Chiistian Gonference Trust for the purposes of company lawl
are responsiblè lor preparing the Truslees'Annual Report and the financial statements in accordance
applicable law and United Kingdom AccoLSnting Standards (United Kingdorn GeneraltyAccepted Accounting
Practice), including FRS 102 The Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland
Company law require$ the Iru51ees lo prepare financial statements for ea¢h financial year which give a tnje
and fair view of the slate of affairs of the charitable company and thè 9rovp and of the incoming resources
and application ol resources, including the incotne and expenditure, ol the charitable group for that period. In
preparing these financial tstalements. the trustees are required to..
select suitable accounting policies and then apply them consi5tently,' observe the methods and
principles in the Charities SORP
Tnake judgemen15 and estimates that are reasonable and pwdent
slatewhelher applicab￿ accounting stsndards have been followed.. and
prepare the finanaal slatetnen15 on the going concern basis unless it is inappropiiale lo presume that
the charitablè company will Continue in business
The trustees are responsible for keeping adequate 3e¢ounling iecoTds which disclose with reasonable
accuracy, at any time, the finanual position of Ihecharilable company and enables them to ensui& thé
financial statements comply with the Companies Act 2006. They are also responsible foi safeguarding
thè ass8t5 of the charrtable company and the group and hence. for taking reasonable steps for the
prevtrntron and detection of traud and other irregularities.
In 50 far as the trustees are aware..
there is no relevant audit information ol which the charitable company's auditor is unaware,. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and lo establish that the auditor is aware ol that infomation
The trustees are responsible for the maintenance and integrity ol the charty and financial information
induded on the charity's web511e. Legislation in the United Kingdom governing the pioparalion and
dissemination of financial ststemenls may differ from legislation in otherjurisdiction5. This report satisfies the
requirement for a diieclors, report as required by company law.
The Trustèes. Report. including the Strategic Report, was approved by the Board 8nd signed on ils beham by".
Andy Luca5
Chair of Trustee5
16 April 2026
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Th8¢hrts￿eOnfote￿c¢Tr￿$tAnnU4 Rep¢rtondFinontsal Stètemonts 2024125

The Christian Conference Trust
Independent Auditors, Re
ort to the Members of The Christian
Conference Trust For t
e year ended 31st October2025
Opinion
We have audited the finan¢ial stslerTTrents of The ChTislian Conference Trust for the year ended 31* October 2025
which cornprise the Consolidated Staternent of Financial Activities incorporating an Income and Expenditure
Account, the Group and Parent Charitable Company Balance Sheets, the Consolidated Cash Flow Statement
and notes to the financial statements. including 8 Summary of significant ac¢ounling policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdorn Accounting
Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK
and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practicè).
In OUT opinion the ffinancial stalemenls..
give a true and fair view of the stale ol the group's 8nd the paienl chaiilable ¢ompany'$ affairs as at 31.
October 2025 and of the group's incoming resouice5 an¢J application of ie50urce5. including ils income
and expendiluie. for the yeai then ended.,
have been properly prepared in accordance wf(h United Kingdoffl Generally Accepted Accounting
Pra¢ti¢¢.' and
have been prepared in accordance with the requirements of thè Companies Act 2006.
Basls for oplnlon
We colldycled our audit in acoordance with Intemational Standards on Auditing (UK) IISASIUIQI and applicablè
law. Our responsibilrties under those standards are further described in the Auditor's Responsibilities for the audit
ol the financial statements section of our report. We are independent tsf the charitable company in accordance
with the ethical requiremènts that are relevant lo our audit of the financial statements in the UK. including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilrties in accordance with these
requiremen15. We believe that the audFt evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.
Conclusions rela￿ng to golng eone•rn
In audtting thé financial slalèmenls. we have concluded that the tru5tees' use of the going concern basis of
ac¢ounting In the prepaialion of the financial 51alements is appropriate.
Based on the work we have performed, we have not identified any material un￿rtaintieS relating to events or
conditions that, individually or collectively, may cast signifi¢ant doubt on the charitable company's ability lo
conts'nue as a going concern lor 3 p&iiod of at least twelve months from when the financial slalernents are
aulh0ri5ed for i$sue.
Our respon5ibililies and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other inforrnation
The other information comprises the inft>imalion included in the annual report. other Ihall the financial Statements
an¢J our auditor's report Ihereon. The trustees are responsible for the other information. Our opinion on the
financial statements does not cover the other information and, except to the extent otherwise explicitly slated in
our report, we do not express any form of assurance conclusion thereon.
In ¢onnèction with our audit of the ftnan¢ial slalemenls. our responsibilrty is to read the other information and, in
doing so. consider whether the other information is materially incon51slent wrth the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether there is a maleii81
misstatement in the financial statèments 01 a tnateri31 misst3ternent of the other information. If. based on the work
we have perfofmed. wo conclude that there is a maleiial misstslemenl of this other information. we are ￿qUired
lo report that fact.
We have nothing lo report in this regard.
Page 9
ThoChri*4n CofflférwvTNstknfflu* Ryrt3nd FIDaidalStaierrthts2024125

The Christian Conference Trust
Independent Auditors. Re
ort to the Members of Th8 Christian
Conference Trust For t
e year ended 31 St October 2025
Opinions on other matters prescrib•d by thè Comp3ni+s Aet 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the truste¢s' annual ieport for the financial year for which the financial
statements are prepared is consistent with the financial slalemenls., and
the Iruslees, annual report have been prepared in accordance with applicabl6 legal requirèments.
Matters on which we arg r8qulr•d to réport by •xt*ption
In the light of the knowledge and understanding of the group and parent charitable company and their environment
obtsined in the course of the audrt, we have not identified material misstatements in the trustees, annual report.
We have nothing lo report in respect of the ft>llowing mattels where the Cornpanies Act 2006 requires us to report
to you if, in our opinion..
the parent charitable company has not kept adequ*e and sufficient accounting record5. or retums
adequate for our audit have not been received from branches not visited by us., or
the parent charitable company's finanaal statements are not in agre8ment with the accounting
records and returns., or
certain disclosures of trustèes, rèmunèration specified by law are not made., or
we have not reoeived all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement sel out on page 8, the trustees (who are also
thé directors ol the eharitable company for the purposes of cornpany lawl are responsible for the preparation of
the financial statèments and for being satisfied that they give a true and fair view, and for such internal conliol 85
the Iruslees determine is necessary to enable the preparation of finanaal statements that are Ir88 from material
misstatement, whether due to fraud or error.
In preparing the finan¢ial stalemenls. the tru51ee5 are responsible for assessing the group and parent chatitable
¢ompany s ability lo oonlinue a5 a going concern, disclosing, as applicable, matters related to going concem and
using the g01ng concern basis of accounting unless the trustees either intend to liquidate the group or parent
charitable ¢orrpany or to cease operations, or have no realists'c altemative but to do so.
Audltorfs r•sponslbllltl•s for the #udit of the financial statements
Oui objèctives are to obtain iea50n8ble assuran￿ about whether the financial statements as a whole ale free
from material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance 15 a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a matèrial misstatèmènt when it èxists. Mi$5ts1emenls can arise
from traud or error and are considéred tnateiial if. individually or in aggregate, they could reasonabty be expeetèd
to influence the e¢onomi¢ decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with ISAS {UKI we exercsse professional judgement and maintain professional
scepticism throughout the audit. We also..
Identify and asse55 the risks of material misstatement of the financial statements, whether due lo fraud
or eiroi, de51gn 8nd perfoirn audit procedures responsive to those risks, and obtain audit evidence
that is sufficient and appropriate to provide a basis for our opinion. Thè risk Of not dètecting a material
misstaternent resulting from fraud is higher than ft)r one resultsng from errol, as fiaud may involve
collusion, lorgery, intèntional omissions, misrepresentslions. or the override ot internal control.
Obtain an understanding of internal control rèlÈvant to the audit in ordèr to design audit procedures
that are appropriate in the circumstances, but not for the purposès of èxpressing an opinion on the
effectiveness of the group and parent charitable cornpany'5 Internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Pa9e 10
Thechnsban C¢nferen¢e TruslAnnL￿ R¢PUtiand Finan&dStaiqmpnls2024125

The Christian Conference Trust
Independent Auditors, Re
ort to the Members of The Christian
Conference Trust For t
e yeaf ended 31st October 2025
Conclude on the appropriatèness of the trustees. use of the going concern basis of accounting and,
based on the audit evidence obtainèd, whelhei a Thalerial uncertainly eKis15 related lo events or
condition5 that may ca51 significant doubl on the group and parent charitable company's ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required lo diaw
attention in our auditor's report to th? related disclosures in the financial slalement5 01. il such
di￿10$U[e$ are inadequate. lo rnodify our opinion. Our conclusions are based on the audit evidènce
obtained up lo the date of our auditorfs report. However, future events or conditions may cav5e the
group or parent charitable company to cease to continue as a goin9 concern.
Evalvale the overall presentation. structure and content ol the financial statements, including the
disclosures. and whether the financial stalements represent the underlying transactions and events in 8
manner that achieves fair presentation.
Obtain Sufficient appropriate audit evidence regarding thefinancial information ofthe entities or bustness
activities within the group to express an opinion on the consolidated financial statements. We are
responsible for the direction, supervision and pèrformanee 0¢ thè group audrt. We remain solely
responsiblé for our audit rèport.
We communicate with those charged with governance regarding, among other matters, the planned scope and
timing of the audrt and significant audil findings, including any significant deficienaes in internal control that we
identify during our audrt.
Explanation as to what extent the auditwas considered capable of detecting Irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect matorial misslalement5 in respect of itregularities,
induding fraud. The extent to which our procedurès are capablè of d8lecting irregtjlarilies, in¢luding fraud is
detailed bèlow.
The objeclwes of our audit in respect of fraud. are., to identify and assess the risks of material misstatement of the
financial statements due to fraud,. to obtain sufficient appropriate audit evidenc6 regaiding the assessed risks of
material misstatement due to fraud, through designing and irnplÈmenting appropriate iesponses lo those
assessed risks,. and to respond appropriately to instsnce5 01 fTavd or suspeded fiaud identified during the audit.
However. the primary iesponsibility foi the prevention and detection of fraud re51s with both management and
those charged with governance of the charitable company.
Our approach was as follows..
we obtained an understanding of the legal and regulatory requirements applicable to the charitable
company throvgh the use of permanent audit file information, updated this year for any changes that have
been identified by management or by our own investlgations and considered that the most significant ale
the Companies Act 2006, the Charities Act 2011, the Charity SORP, and UK financial reporting slandaid5
as issued by the Finanaal Reporting Counctl.,
we obtained an uriderslanding of how the charitable company complies wrth these reqLtiremènts by
discussions with management and those charged with governance.
we assessed the risk of material misstatèmènt of thè finanual statèmènts. including the risk of material
misstatement due to fraud and how il might occur. by holding discu5510ll5 with management and those
charged with governance.
We inquifed of management and those charged with governance as to any known instances of non-
compliance or suspected non-compliance with laws and regL41ations.
Based on this understanding. we designed specAfic appropriate audit procedures to identify instancés of
non-compliance with laws and regulations. This included making enquiries of management and those
charged with governance and obtaining additional corroborative evidence as required.
Page 11
Th•Ghristian cDnf8ronc0T(u￿A￿nu￿ Rwrtand Statsments202412S

The Christian Conference Trust
Independent Auditors, Re
ort to the Members of The Christian
Conferencè Trust For t
e year ended 31st October 2025
There are inherent limitations in the audit procedures described above. Wè are lèss likely to bècome aware of
instsnces of non-eomplianee with laws and regul8lions that are not closely related to events and transactions
reftecled In the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher
than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for
example, forgery or intentional misrepresentslions, or through collu510n.
Use of our report
This report is rnade solely to the charitable company's mambèrs, as a body. in accordance with Chapter 3 of Part
16 of the Companies A¢t 2006. Our audit work has been undertaken so that we might state to the charitable
mpany s mefflbers those matters which we are required to state to them in an audilorfs report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than
the charitable company and charitable company's membecs as a body. for our audit work, foi this report, or for
the opinions we have fofmed.
s."4L LLI
38WI48ACDE440E .
22/512026
Andrew Stickland Isenior Statutory Auditorl
for and on behalf ol Moore Kingston Smith LLP, Statutory Atjditor
9 Appold Street
London
EG2A 2AP
Pa9e 12
Thecntl#￿ Con1eren¢eTru￿knA￿d ReporfAnd Finth)CiÈl StatemÈnt$2024125

The Christian Conference Trust
Consolidated Statement of Financial Activitigs
Incorporating an Income and Expenditure A¢¢ountl
For thg yoar gnded 31st (ktober 2026
Unrestrided
Funds
Re$tri¢¢e
Funds
Totsl
2025
Total
2024
Income from..
Donations and grants
Charitable activities
Other tfading activitie5
Investment Income
1.551.000
1.551,000
7.985,121
1.725,700
127,995
1.318.350
6.723.990
1.758.143
31.497
7.985,121
1,725.700
127,995
Total inGome
9,83B.816
1.551,000
11.389,816
9,831,980
Expenditure on
RaL%ing funds
281,977
281.977
295.954
Charitable activitie5".
On90ing charilabk actwities
9,785,110
152,533
9,937.643
8.860.665
Total expandfture
10.067,087
152,533
10,219,620
9,156,619
N•t Incom8 I (Expondlturel for the year btfort
transfers
228,2711
1.398867
1,170,196
675,361
Transfers betsween funds
Net movement in funds
1228,2711
1,396,467
1,170,196
675,361
R•¢onclllatlon of funds
Funtls brought forward
18
10.255.772
1.198.271
11,454.043
10.778.682
Total funds carwied fo￿ard
18
10,027,501
2,596,738
12,624.239
11.464,043
The statement of finanual adivities includes all gains and losses recogni8ed in the year.
All income and expenditure derives from continuing athivities.
The accompanying notes fom part of these financial stslements.
The Christian Conference Tmsl l Annual Reportand Finan￿$1 $18i¥m•nts 202412S
Pay613

Thg Christlan Conferencè Trust
Balance Sheet$ as at 31st October 2025
Group
Chartty
Noto
2025
2024
2025
2024
Flxed Assets
Tangible a858ts
Investsnent in subs￿[ary
12
13
17.521,642
15.S58.916
17,521,642
110,358
15.658,918
110,358
17,$21,642
15.65B.916
17.632,000
IS.769.274
Current Assets
stodi
Debtors
Inve51rfients
Cash and Bank
83,899
360,379
l.W3,452
3.e35,139
77,242
675,397
1,579,832
2,524,031
56,421
866,201
1,003,452
2,721,525
46.13fj
1.307,479
1.579.832
1.216,129
14
S,082,869
4,8S6.S02
4A47,599
4,149.876
Creditor5'. amount3 falling due within one year
14,941,740)
14.021,9361
14,488,117)
13,513.3281
N¢t Current Assets I ILiabilitiesl
141.129
834,566
140,5181
636.248
Totsl As$&ts less Current Liabilities
17,662.n1
16.493.482
17.591,482
16.405.522
Creditors.. amounts falling due after one year
16
15.038,5321
15,039,439)
15,017.4631
15,001.6991
Net Assets
12,624,239
11,454,043
12,574.019
11,403,823
Represented by..
Unre51ricted funds
Restricted funds
18
18
10.027,501
2.596,738
10,255.772
1.198.271
9.977.281
2,596.738
10,205.552
1,198.271
Total Fvt)d$
12.624239
11.454.043
12,574.019
11.403.923
As ￿mItted by Section 408 of the Companies Act 20Cé, no separate Statement of finanual activities or Income and Expendrtu
Account has been presented In respe¢t of the parerTrl charitable company. The surplus for the financial year tsalt with in the financial
Statements of the parent charitable company amounted to £1.170.19612023124. surplu5 £675.3811.
The accompanyi￿ notes fomi part of these financial $iatements
The finan¢ial $tatement$ of The Christian Conference Trust, reg￿tered number 3203917 were approve(I by the Board of Trusteès and
authorKEed for issu8 on 16th *ri12026 and signed on rt$ bBhaLF by.
Andy Lucas
Chair of Trustees
Dale
Cclnpany number.. 03203917
The Chnslian conferen￿ Trust | Annual Rewrt and Finan&al Statements 2024125
Page 14

The Christian Conference Trust
Consolidatéd Statgmgnt of Cash Flow
For the year ended 31st Octobor 2025
2025
2024
Net cash flows provided by operatlng a¢tMtI8S
23
3,333,242
2,788.740
Cash Ilows from investlng actlvltles
Investment Incomo
Pur¢ha$es of property. plant and equipment
Disposal of propety, plant and equipment
De¢reasellincrea$e In $hort term investments
127,995
12,608,916)
10,001
576.379
31.498
14.253.139)
11.579.832)
Net cash (used Inl Investlng ¥lM¢les
11.894,5401
15,801.4731
Cash flows from flnanclng actfvlti￿'.
Interest paid
Cash inflows from new borrowing
Repayment of borrowings
13fj7,1591
94.900
155,3341
1253,5381
4,900,000
11,408,333)
Nel Cash lus¢d Inl I provlded by financiw actfvltles
1327,5931
3,236,131
Chango In cash and cash equlvalents In tho roporting
orlod
1,111,108
225,398
Cash and cash equlvalents at the brylnnlng ¢>f
the ￿pOrting period
2,524.031
2,298,632
Cash and cash equivalents at the end of
the reportlng parlod
3.635.139
2.524.031
and ¢ash
uivalent5
2025
2024
Cash in hand
ash at Bank
4W
3.634,739
400
2.523,631
Totsl cash and cash equivalents
3,635,139
2,524,031
es in not debt
At beginning of
year
Ca5hflows
other
movements
At end of year
Cash
2,524,031
3.635.139
Loans falling due within one year
Loans falling due after more than one year
155.3341
14.844,6661
55.334
I94,9￿}
190,3S01
S2,505
190,3501
14,847,061)
T¢)tal
12,375.9691
1,071,542
2,155
11.302,2721
The Christian cL￿ference Tru511 Annual ReFX)rt and Financial Statem￿ts 2024125
Pa92 15

The Christian Conferenco Trust
Note$ to the Financial Statemènts
For the yèar ènded 31st October 2025
counting Policios
ompany and ¢haritabl8 status
The Christian Conference Trust. a public benefit entrty. i8 a registe￿￿ Charity in England and Wa￿$ Inumber 10566041 and is
incory)orated In England and Wales a5 a company limited by guarante& not having a Share capital Icompany number 32039171. 11 is
goveined by its Memorandum and Articles of K8$0tiation and at Ihe year end there w&re 13 members12023124- 14lwho were ea¢h
liab￿ lo contribute £1 tt)e event of the cornpany being wound up. The Ch2rity has adapted the Companies Act forrnals to ￿fI￿t
Ihe Charities SORP and the special nature of the CharrtY$ a¢ti*ities.
1.1 Basis of accounting
The linanual statements have been prepared under the historical cost convention and In accordan￿ with the Companie$ Act 2C4￿,
the Charities A¢t 2011 and the Ststernent of Recommended Po¢11￿ applicabie lo charities preparing their accounts in accordance
with Ihe Financi81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1D21. The group is a public benefrt entty as
defined by FRS 102.
The Statement of Finanual Activities ISOFAI and Baknce Sheet consolklate the financial statements of the parent charitable
company and rts Subsidiary undertaking. Th& resutts of the subsidiary are c¢nsolKlaled on a line by line basis.
The financial statemen15 are prepar8d in sterling, which Ls the functional currency of the group and charity. Monetary amounts in
thes8 financial 5ts1ements are rounded lo the nearest pound.
1.2 Golng concern
The financial statement$ a￿ prepared on a going wncern basis which assumes that the Charity will continue in operational
existen￿ for the f0re5eeable future. Foreeasts have been prepared under various trading scenarios for the tnonlhs from th&
dale of approval of these financial statements and based on these and the level of reserves availabk. the ttuslees have concluded
thai there is no material uncertainly as to the Charity's ability lo rneel ils liabilitKs as they fall due. Accordingly the trustees continue
to adopt the going con¢em basis In the preparation of the financial statements.
1.3 Basis of consolidation
Greup financial $tatements have been prepared in respect of The Christian Cfftrence Trust and rts wholty wned subsidiary, First
Conference Estate Ltd. These financial statements have been ￿nSOl￿ated on a line by line basis and the results of the subsidiary
undertaking are disclosed in Note 5.
The charitable company has taken advantage of the exemptions in FRS 102 from th& requirements lo present a Charitable company
onty Cash Flow Statement and ￿rtain disd05ures about the charitable comp8nl$ financial in$iruTDents.
1.4 Income and expendtture
Income and 8xpenditure are generalty accounted for on an accrua& basis.
1.5 In¢ome
Income from ¢onferon¢e fee5 and olh8r sources of income Is ￿tognISed when the charity and subsidiary have entillemenl to the
fund5, it 15 probable th8 income will be ￿ceiVed and the amount can be rnea8U￿d with sufficient ￿liability
Donated prote$sional Se￿￿$ and donated facilities are recognised as income when the charity has control over the item. any
conditions a550ciated wth the donated Item have been mei. the receipt of economic banefit from the use by the ¢harty of the item 1$
probable and that e¢onoms¢ benerrt can be measured reliabty.
Income from government arKS other 9ranl$ art ￿ognISed at fair value when the charity has entitEemenl after any performance
conditions have been met, it is probable that the income will be received and the arnount can be measured reliably. If entit￿ment is
not met then these amounts ar8 deferred. Capits1 grants are accounted for as income as soon as Ih&y are recÉiv3ble.
1.6 Expenditure
Expenditure recognised as soon as there 1$ a legal or constructive obl¥Jation cornmitting the charity lo the expenditure. AJI
expenditure is a¢¢ounted for an accruals basis and has been cL9ssified under heading5 that a99regale all costs reialed to Ihe
category.
EXper￿rt￿￿ ra15irvJ funcls include Ihose costs directty ￿lated to the other trading activiti85 (see note 51.. fx)5t5 ar8 regarded
as neeessary to raise fund$ tt)at a￿ needed to finance charilabk acliwties.
Support CO81$ are those functions that assist the work of the charity but do not dI￿¢111Y undertake charitabk actiwities. They indude
costs such as gener81 management. finance. premises and facililie5, marteting and governanee.
1.7 Fund Accountlng
The charitable company maintains three types of fund.
Unrestrlcted funds are avaii4ble for use at the discretion of the board of director$ in furtt)erance tsf the general charitable obJe¢tNe$
of the organisation.
Dgsionated unrestrictgd fund5 are monies sel aside by the board from unrestricted Yunds for a speufic purpose.
Restrl¢ied fund$ ho￿ rnonies which have been received for a spe¢ific purwse.
The Christian C￿ference Twst | Annual Report and Finaw81 Stai*meni$ 2024tt5
Page 16

Th¢ Chrlstian Conference Trust
Notes to the Financial Statements
For tha yaar gnd&d 31$1 O¢tob¥r 2025
1.8 Tanglble fixed assets avtil depreciation
Tangible fixed assets a￿ stated at cost less accumula18d depreCiat￿n. Deyeciatson 1$ 1$ provided on all trn9ib￿ fixed assets, other
than fr8ehold land, at rates c￿lCUlated to write off the c051 or valuation over Iheirestimated useful economic1rf8 at the folk)wing
annual rates.
Freehold. long ￿asehold buik1ing$
Assets under Constructio
Plant. furnitur& and 8quipmenl-
Computers and other electronic equipment
all other items
rnotor vehicles
2% on cost
no depreaalion
33% on Cost
20% on wntten down value
25Qh on wntten down value
1.9 Itwestmont$
The investrnent in the subsK1iary is tnduded in the Chafitys financial stalwnenls at wst
1.10 Stocks
Stock5 are stst8d at the bwer of cost and net reliiable value.
1.11 Operatlng LeasÈ$
The eosl8 of operatyng ￿aSe$ are charged lo the incorne and expenditure account as they accrue.
1.12 Pensions
The Christian Conferenee Trust operates a defined ¢tsnlribub"on petsonal pension scheme. Contributs'ons are charged lo the
Statement of Financial A¢tivities a5 they beccrfne p8yable.
1.13 Mnanclal Instruments
Th& company has finanaal as$ets and liabilities of a kind that qualify as basic financial instruments. Basic finanual in$truments are
initially reccgnised at transaction value and subsequently measured at their settlement valuo.
Trado and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayrnents are valued at
the amount prepaid, net of any trade discounts due.
Cash at bank and cash in hand includes cash and short term h￿hlY Iv4uid investments with a short maturity of three months or ￿55
from the date of acquisition or opening of the deposit or simikr account.
Creditors and provisions are recognised where the company has a p￿Sent obligation resulting frorn a past event that will probaNy
result in the transfer of fund$ lo a thifos paty and the amount due to Setlle th8 obligation can be measured or estimated reliabty.
Creditors and provisions are nomally recognised al their selllemenl amtruni after allowing for any trade discounts due.
1.14 Taxation
The Christian conferen￿ Trust is potentially exempt from taxation on 11$ in¢(*))e antl 9ains under Se￿10￿$ 466 to 493 of the
Corporation Tax Act 2010 and SectKJn 256 of the taxation of Capital Gains Act 1992, to the extent that they are applied for charilab
purposes. No tsXab￿ profit arises on First Conference Estate Limited due to ttLe fa¢t tt)al all ta¥able pr¢fits are gifted to The
Christian Conference Trust under Deed of Ctsvenant.
Critical Accounting judgefflents and key sources ol estlmatlon
In the appliCat￿n of the Group's acceunling polities, which a￿ d&$cribed in note 1, the trustee5 are required to make judgements.
estimates and a$$umplion$ about the cartwng amount5 of assets and liabilities that are not readity apparent from other sourTrs. The
estirnates and assa￿ated assumptions are based on hi¥tori¢al eXper￿nCe and other factors that are considered to be re￿vant.
Actual results may differ from these e$iimates.
The e$iimates and undedyng assumptions are raviewed on an 0￿01￿9 basrs. Rews10ns to accounb'n9 estimates are recognised in
the period in whith the estimate i8 revised if the ovision affects only that period. or in the pellcd of the revisien and future period$ rf
the ￿ViSIon affects both Cufrent and fvture ￿rIOdS.
The financial statements indude manag&menfs estimate of the costs related to the ¢bsure of the conference cenlre al Belsey
Bridge based on professional advice that has been received.
The Christian Confer8nr* Trust l Annual ReFM)rt and Firhanty81 Statements 2024125
Page 17

The Christian Confèronco Trust
Not•$ to the Finan¢lal Statements
For the year ended 31st October 2025
2025
2024
Income frc*n Donotlon$ and grants
Individual giwng donat￿nS
Gran15
1.500.000
51.000
1.318,350
1551￿0
1 318 350
ortolal amount5 reported above £1.551,000 15 attributable lo restricted lunds and £Nil is attributable lo unreslricled fund5
12024. £1.303.350 is attributsble to ￿$triCted funds and £15,000 is attributab￿ to unrestricted funds).
2025
2024
Income from Charitable Actlvltleg
conferen￿ fee$
7.985.121
6,723,990
7 985 121
6 723 990
Al Income from ¢hafilable a¢tWit￿ is attributable lo unrestricted funds.
Other Trading Actlvltl8S
2025
2024
Tradin9 subsQiary a¢liwb"es".
Conference fee$
Bar and shop sales
Subsidiary rental incLme
(Xher sundry in¢tyne
15al
15al
15al
1581
1,459,021
236.286
19.330
2.261
1,716,898
1,489,114
246,481
17,420
1.753,015
Trust sundry operating income
8.802
5.128
1725 700
1 756,143
5a Trading subsldlary
The Christian Conferenfft Trust ¢)wns the whote of the Bsued ordinary share capital Of First Conference Estate Ltd.. a company
registered in England and Wales. The shale ¢apilal of the 5ubsi¢Jiary con5151s of 110.358 shares of £1 each. The principal activity
of First Conference E$tste Ltd 15 that of providing conference facilities to secu12r chantie$ and other orgafii5ation5. and the
provision of all bar and shop facilities for conference$ he￿ al The Hayes, High Leigh and H￿h9818 Hou8e. The taxable profi15 of
tt)e $ub$idiary are gifted to The Christian Conference Trust.
2025
2024
Turnover
Cost of sa￿$ and admini4tration expenses
Management charge from pa￿nt ¢oFnpany
Other operating inc0rn8
1.695,307
1201,0031
11,133,678)
21,591
1,735.595
1217.7011
11.310.406)
17.420
Net Prollt
382,217
224,910
ounl gifted to parent charity
Retaln¢d In the Subsldlary
382,2171
1224,9101
The aggregate of the assets, liabilities and re8erve$ of the $ub$idiarywere'.
888ts
Liabilities
952,240
791.668
160,572
1.341,993
1 181,421
160,572
Aggregate share capital ￿SerVeS
Investment Income
2025
2024
Bank Interest
127,995
31,497
127.995
31,497
The Chnstian Conferertt Trust | Annual Rewrt and Finawal Statsments 202412S
Page 18

The Christian Confgrenc& Trust
Notes to th& Flnancial Statements
For th• year ended 31st Octob9r 2025
Anaty$l$ of Expenditure
Direct Staff
costs
Other Olrt¢t
¢ost5 Iseo
note 81
Support costs
Iseo note 91
Totsl 2Q2S
Expendttufe on..
Raising Funds ITrading subsidiary l$¢e noto
7a1
40.561
134,403
107.013
281,977
Total Expendiiuro raising funds
40.561
134,403
107.013
281.977
COnfe￿nclng aclNilies
3,671,904
2.494.314
3,771,425
9,937,643
Total Expend6ture on ¢haritablo activitie
3.671,904
2,494,314
3,771.425
9,937,643
Total Èxwnditure 2025
3,712,46S
2,628,717
3.878,438
10,219,620
Total Expenditure 2024
2,914,500
2.812,365
3,429,754
9,156,619
Expenditure incurred on a¢tiwtie$ during the comprises £152.533 attributable restricted fund$ £10,067.087 atrribUlab￿ to
Un￿stri¢led fund512023124.. Expenttitu￿ In¢Ur￿ on activitie5 during the year Compri￿ £105.079 attributablg to r&strited funds and
£9,051, $41 attributab￿ to unrestricted funds).
COMPARATIVE INFORMATION.. ANALYSIS OF EXPENDITURE YEAR ENDED 31 OCTOBER 2024
Dlrect stsff
¢osts
Other Direct
costs Iseo
note 81
Support costs
Isee note 91
Total 2024
Expendltur¢ on..
Railing Funds ITrading subsidiary Isee note
a¢tniitiesl
7a)
45,237
139,863
110,854
295,9S4
Ti)tal Ex￿nIMult on raising funds
45,237
139.863
110,854
29S,9S4
Conferencing activities
2,869,263
2.672,502
3,318,900
8,8S0.665
Total Expend4tur& on charitable activltles
2,869,263
2.672,502
3,318,900
8,860,665
Totsl Exp8ndtture 2024
2,914,500
2,812,365
3,429,754
9.156.619
Tha ChD$tian c￿fere￿8 Trust l Annu￿ Report and Finawal siaternents 2024r25
Page19

The Chri8tian Conferenco Trust
Notes to the Financial Staternents
For the year &nded 31st October 2025
2025
2024
7a Ral$lng Fund$
Tr8ding stsbsidi8ry¢osÈ$ ￿ate to.
Bar and shop costs
Direct staff costs
Support C0515
134.403
40.561
107.013
139,863
45,237
110.854
1580 note 91
l$eo n¢)t0 71
281,977
295,954
Other Dlr¢¢t Cost$ Analysls
2025
2024
Conference5 direct costs
Repairs, rer￿wa1s and maintenan¢e
Highgate House set up ¢osls
Bursaries
1.692,591
786,668
1.573,584
703,163
358,740
37,015
35,055
Totsl Other Dlr8ct Costs
(see note 71
2,494,314
2.672,502
Direct costs have been allocated a¢ross a¢lMlie$ as follow5..
Raising fuThd$
Charitable actiMts-e$
l$eo note 71
(see not¥ 71
134,403
2,494,314
139.863
2,672.502
Totsl ¢)ther Dlmct Cr)sts
(see nots 71
2,628.717
1812,365
Support C05t Analysls
2025
2024
Staff 5UPPOrt costs
Financial adrnin & management costs
General running & adminstration
Rates & utilit￿8
Operating kase5
Computer & IT ctssts
Te￿phone. postage & prin*"ng
Yew Tree Build
Training and other $tafF ￿lated c0515
Marketing
Depreciation
Insuran
Loan 1nleresl paltl
Bank charges
Sundry
Gov&rnance (see note 9a)
474,833
541,405
33,608
855,6S2
49,286
186,790
26,086
152,533
fj0,114
93,075
736,189
140,662
367,159
33,513
4,474
123,059
525,074
461,225
32,198
538,389
49,091
137,422
28.184
105,079
74,503
124.518
602.831
174,038
253.536
97.132
14.482
212.073
Total Support cost8
Isee n¢)te 71
3,878,438
3,429.755
Support cost$ have been allorated on a staff cost basi5 to actwilie5 as follow$'.
Raising funds
charitab￿ activities
(see note 71
Isee not¢ 71
107.013
3,771.425
110.854
3.318.900
Total Support costs
$ee note 71
3,878.438
3.429.755
Tha Christian conferen￿ Ttust l Annu& Report and Financial Slaiements 2024125
Page 20

The Chrlstian Conference Trust
Notes to the Financial Statements
For the yèar èndgd 31st Octobor 2025
2025
2024
Governance c08ts
staff & management costs
Trus18es' expenses
Board rneFnbers' liability insurance
Legal and professional fees
Auditorfs Remunerabon l$ee not¢ 101
31,590
4,737
3,902
45,103
37,727
52.861
4,280
4,871
119,330
30,730
Total Gov0rnart¢¢ costs
Isee note 91
123,059
212,073
10 Net In¢ome for the yoar
is ststed after ¢h3rging".
2025
2024
Oepreaation of owned assets
Interest on bank loans and over¢*raft
Operating ￿aSe$
Auditors remuneration.
- Current year fees.. External audit
Prior year fee5". under I lover) accrual
- Non audit sem￿s." A¢¢ounts preparation
- Non audit serVI￿s.. Tax r￿mplI8nCe- current year
736.189
602,831
253,536
49,091
367.159
49.286
28.875
3.122
4,300
1.430
25,275
4,095
1,360
Induded in aud￿t0¢S remuneration 1$ £9.$00 mLgting le the cost of th& audit of the subsidiary12023124.. £9,000) and £3.180 relating to
cost of non audit seivice812023124.. £3,0251'. these amounts have been induded in the Iradiny of the subsidiary.
11 Staff ¢osts and employee benefits- Group and Charity
2025
2024
Wag8s and salarvd
Social securty costs
Pension costs
4,135,523
377,518
204,698
3,495,278
253,708
169,861
4,717,737
3.918.847
Redundancy and ternination costs totallirvJ £9,2e8 are Included within $laff ￿$ts reported above12024". £nill
Slatt ¢o$ts have been albcated to actiwties a5 bebw.
2025
2024
Raising funds
Charitable actiwties
Support costs
40,561
3,671,904
1,005.272
45.237
2.869.263
1,004.347
4.717.737
3,918,847
JI 51aff are etnployed by the parent charitable wmpany. The Chnstvdn Conferenee Tru$t.
2025
2024
Average number of staff
226
232
The Chri8ban Conftrancè Tlusi l Arnnu￿ Re￿t and Financial Statements 2024r25
Page 21

The Christian Confor•nco Trust
Not&$ to the Financial Statements
For the year ended 31st October 2025
11 Stsff costs and employee benofits- Group and Charity Icont.)
Higher Paid Employee5
The number of employees whose emeluments. ex¢luding pension contributions and empknyers, national Insurance, but inclLkling taxable
benefrts. were in ex¢ess of £60.000 in the year was as follows..
2025
No
2024
£60,001- £70,LYJO
£70.001- £80.000
£80.001 . £90.000
£110,IK)1 - £120,000
£120,LK>1 - £130,000
Key Management Personnel
The key rnanagement personnel of th& Group are listed on page 2 and comprise those of the parent Charitab￿ company. ￿ Chrislhqn
Conference Trust and 1ts wholly owned trading subsidiary First Conferènts Estsle Ltd. The total iernuneralion lincluding pension
contribution5 and employer&. nat￿nal Insurancel of the key management personnel of the Charity for the year lotalkd £449,203123124'
£414.8761.
11a Trustees. Remunoratlon
2025
2024
Pension to Michael Kinton. as a fomierexeculiv8 director of the subsk1iary
2.322
2,219
Other ihan the above, the trustee$ ￿ceNe no ￿M￿neratIon for their 5eNces but are reimbursed for their travel expens8s to Board
meetings and sundry other e¥pense5 incurred.
During the period end￿ 31 October 2025 travelling and other expenses were reirnbursed totalling £4.73712023124. 14.2801 to 11
12023124. 101 tnjslees. Reimbursed expen5e5 of £733 are included within year end creditor$ per note 1512023124.. £Nill
In addition. the group maintsins an insurance polio for its directors against liabiliti85 in relation lo the group. costing £3,90212023124'.
£3.5801.
Ilb £M￿0Ye# rotiremgnt bonefits
The current pension $¢heme for staff is prinapally a Group Personal Pension plan with A￿Va. In additien to this pension$ are also made
to elvjible fomier directors of First conferen￿ Estate Ltd and their survwing spousas.
Group and Charlty
2025
2024
Staff p8nsion costs
Pensions to former directors of the sUbs￿l?ry
200,896
3,800
164.816
5,045
204,696
169.861
As at 31 October 2025, total pension contnbutions outstanding totalkd £21,35112024.. £19,074) and induded wthin year-end creditors
as per note 15.
The ¢hnsti8n Confwerte Twst l Annu￿ Raport and Fifiancial Statements 2024125
Paye 22

The Christian Conferon¢g Trust
Not9$ to th¢ Finan¢ial Statements
For the yèar ended 31 st October 2025
12 Tanglble flxed assats
AJI of the actiwbe5 undertaken by th6 charity fall within the exemptions granted to ¢hanbes by legislation.
Assets
Ct>Ltrse of
¢tsnstrurtion
Group & Chorfty
Land and
Bullding8
Plant. Equlpment
and Vehicles
Totsl
Cost
181 November2024
Additions
Disposals
19,385,26S
7,730,484
322,583
27.115.748
2.608.916
110.0011
2.286,333
110,0011
At 31 Octobor 2025
19375264
2 286 333
8.053 067
29714663
Doprectatic
1st November 2024
Charge for year
5,315,197
382,191
6,141,636
353.997
11.456.833
736.188
At 31 October 2025
5 697 388
6 49S 633
12193021
Net book value
At 31 October 2025
13,677,876
2,286,333
1,557.434
17,521,642
Al 31 Octobor 2024
14,070,068
1.588.848
1S,658.916
The L￿84 trt￿ of Highgate House rests directwwilh Christian Conference Tru81 whilst the legal tIUe$ of H￿h Lelgh and The Hayes rests
with First Conference Estsle Limited with benefiual ownership belonging to ChrkStian conferen￿ Trust
Certain properbes were revalued in 1996 before being assigned over to The Chrisb"an conferen￿ Trust on a 280 year lease al an
annual rent of £1. effect¥¥ely a kjng ￿8$ehOld property whith wa5 prior lo the implementation of Financial Reporting Standard 15
Ilangible fixed asselsl-
The charity does not revalue its fixed assets and otain$ Ihe book amounts On￿ within th& Finanaal Statements.
Land and BuildirvJs
2025
2024
At valuation- 1998
Addition5 at cost
2,719,999
18,941.597
2.719.999
16.665.266
21,661,$96
19,385,265
If stated under hkstori￿1 ￿$t principks, the comparable amounts for the total freehold propety would be".
Cost lo The Christian Conference Trust
21.476,045
15,591,772)
19.199.714
15.209.5811
Accumulated depreciation
Historical cost net book value
15.884,274
13.990,133
12a Land and Bulldlngs compT18e th8 followlng..
Group
2025
Charlty
2025
2024
2024
Freeho￿ Property
Long kasehold prop8ty
21.661.596
19.385.265
3,360.000
16,015,264
3,370,001
16,015,264
21,661.596
19.385.265
19,375,264
19,385,265
The Christian Conference Tw5t l Anwal Report and Finanrial Statements 2024f25
Page

The Christian Conferencè Trust
Not&s to the Financial Statements
For the year ended 31$t O¢tob•r 2025
13 Inve$tmgnt in $ubsTrdiary
Charlty
2025
2024
The ChTh8tian confe￿ne￿ Trust has a wholty owned sUbs￿l8ry First conferen￿ Eslale Ltd as
detailed in Note 5a. The amount disclosed Is al cost.
Investment in subsidiary Iwi5tralion number 001095881- Note 5a
110.358
110,358
14 Debtors due within one year
Group
2025
Charlty
2025
2024
2024
Trade debtors
knounts due from subsidiary undertaking
Prepaymen15 accrued income
37,527
307,615
26.379
316.g70
322.852
304,825
635.072
367.782
322.852
367,782
360 379
675 397
666 201
1,307 479
Is Croditor5- amounts falling due wlthln one year
Group
2025
Charity
2025
2024
2024
Trade creditors
Loans payaNe l$ee note 171
Other laxabon and social 50uJrty
VAT payab
Other creditor5
Accrual$
Deposrts for fijlure cOnfe￿n￿5 (see note
15al
469,408
90,350
77,015
256,022
21,650
823,535
489,757
55,334
65.745
516,702
22,503
369,216
458.473
90.350
77.015
197.151
21.663
809,423
2.834.042
475,364
55,334
65,745
404,203
22,503
357,242
3.203,760
2.502.679
2.132,936
4,941.740
4,021,936
4,488.117
3,S13.328
Isa Deposits forluture conferences
Group
Chartty
2025
2024
2025
2024
Brought forward
Atnounts deferred in th8 year
Amount$ released to income in the year
2,697,452
3,228,114
12,530,335)
1.607,366
1.537,566
1447,4811
2,289,969
2,679,667
11,965,192)
1.319,557
1,339,453
1369,0411
Balanc8 carried forward
3,395,231
2,697,452
3,004.444
2,289,969
Dep08its for futu￿ confe￿n￿$ indudes £191.47112023124.. £194,773) held by the group in respect of conferenc&s 8cheduled lo
take place Tnore than one yearfrorn the baL8nc* sheet date.
The Cbnsli¥ Conferewe Trust l Rewrt and FinanrAal Statwnenls 2024125
Page 24

The Christian Confgrgncg Trust
Not8$ to tho Flnancial Statements
For the year ended 31st October 2025
16 Creditors.. afflounts falling due after one year
GroLbP
2025
Charfty
2025
2024
2024
D4osils for futu￿ ¢onferentss (see note 15al
Loans payable l$ee note 171
191.471
4.847.061
194,773
4,844,668
170.402
4.847,061
157,033
4,844,686
5.038.532
5,039,439
5,017,463
5,001,699
17 Ltsans payablo
Char￿ty Bank Loan- Interest on the loan is charged at 2.79% above base rate. Monthly interest payrnents commenced in Mar¢
2024 and monthly capital commenced In March 2025. Afurther loan tolalling £94,900 was drawn down during the year to October
2025 on which monthty interest payrn8n15 commenced in Dècember 2024 and tspital repayrnent5 will commence in De￿mber
2025.
Capital repayment$ a￿ due as folknws".
2025
2024
0-1 year
2-5years
S years +
90.350
429.612
4.417.449
55.334
393.821
4,450.845
4,937.411
4.900.000
The loan 15 58cured by a fixed anc5 floating charge over the a55et5 and undertakings of the ch8rity, ineludirrfJ propert￿$ Th8 Hayes
Conference Centrè. Swamck. Derbyshits. HKJh Leigh H8rtfordshire, Highgate House Northants.
Chri$iian conferen￿ T￿st l Annual Report and Financi￿ statem￿1$ 2024125
Page 25

The Christian Conference Trust
Notes to th8 Financial Stslgments
For the year ended 31st October 2025
18 Reconclllatlon of movement in fund5
Y¢ar ¢ntW 31 October 2025
Grou
Balance bm
Income
Expendlture
Other gal￿ &
Transfers
8alan¢e df
Uwèstridod Funds
General In¢ome fund
10,151,643
9,838,818
110.032.0321
132.0371
9.928.390
Dosignated funds
Bursary funds
ReValUat￿n reserve
1,572
102,557
135.0551
36,873
14.6361
3,190
97.921
T¢)tal Unr8stricted Fund5
10.255.772
9.838,816
110,067,087)
10,027,$01
Restricted funds
Kinton Hall Project Fund
1,198,271
1.551.000
1152.5331
2,S96,738
Total Restrlcted Fund$
1,198,27f
1,551.000
1152.5331
2,596,738
Total Funds
11,454.043
11,389,616
110,219,820)
12,624.239
Chari
Balance bll
Income
Expendlture Other galns &
Balance clf
Unrestricted Fun¢ts
G&neral incotne fund
10.101.423
9.644,617
19,837,833)
132,0371
9,878,170
D05ignated tunds
Butsary furid5
Revaluation resÈFve
1,572
102,557
135.0551
36,673
14.6361
3.190
97.921
Total Unrestrfcted Funds
10.205,552
9,644,617
19,872,888)
9.977,281
Restricted funds
Kinton Hall Project Fund
1.198,271
1.551.000
1152,5331
2,596.738
Total R8Strlcted Funds
1.198,271
1,551,000
1152.5331
2.596,738
Totsl FuThJ$
11.403.823
11,195.817
110,02S,4211
12.574,019
Butsary Fund5- unrestricted de8NJnaled bursary fund wa$ made availabk by the Trust to or9anisalKJns forthe support of
individuals attending ¢onference5 at any of our centres who face financial disadvantage, with the amounl of bursary awarded
beillg charged against the bursary fund once the coftlerence has tsken place. H￿l0￿Cal￿, the bursary fund was maintsined by
5%-10% of EBITDA generated by the Twsl ￿Ing allocated lo the fund each yèar, however, during the year to 31 October 2025.
the Trustees made deryS￿n lo close th& btsrsaryfund to focus investment on maintaining and improving the Tru51'5 venue5 for
guests. WhiL%t the scheme c105ed to new applications from August 2025. all bursary grants awarded for futu￿ events wll be
honoured and as such arnounls lotalling £36.673 has been transferred from unrestricted general reserves.
Revaluation reserve- Unreal&ed caprtal SLJrpluse$ and defi￿1$ arkEing Dn the revaluation of land and buildiro8 are taken to a
fwed asset revaluation reserve. An annual amount, equivalent to the additional dppreciation on r8vdued assets, is transferred
from the revaluation ￿Serve fund t¢ the unre51ricted general income funcl.
Klnton Hall Project Fund- Restrthd fund5 provided fer purpos8 of buihjing a new conference hall at H￿h Leigh for which
work5 commenced in 2025.
The Chnslian COnfer￿L¢eT1￿St l Annua RepOrta￿s Finano¥al Statemen15 2024r25
Pa9e 26

Tho Christian Conference Trust
Notes to the Financial Statomants
For the year 6ndod 31st Octobtrr 2025
188 COAIPARATIVE INFORMATION.. Reconciliatlon of movement In funds for Year ended 31 Octot4r 2024
Other gains &
Transfers
Gro
Balance bff
Incc*ne
ExpenditUf•
Balance clf
Unrestricted Funds
General Incotne fund
10.869,917
8.528,631
19.014,5261
132,3791
10,151,643
Doslgnatod funds
Bursary funds
ReValuat￿n res&rve
1.572
107.193
137,0151
37.015
14,6361
1.572
102,557
Total Unrestricted Funds
10.778,682
8,528.631
19.051.5411
10,255,772
Restrtctsd funds
nton Hall Proie¢t Fund
1.303,350
1105,0791
1,198.271
Total Rostricted Funds
1,303,350
105,079
1,198,271
Total Funds
10,778.681
9 831,981
9,156,619
11.454.043
Chari
Balon¢e bm
Income
Exp8ndlture
Other 9alns &
Transfers
8alan¢e CM
Unrestricted Funds
General Income fund
10.619,697
8,310.930
18,796,8251
132.3791
10.101.423
Deslgnoteil lun(ts
Bursary fund5
RevaluatK>n re5etve
1,572
107,193
137,0151
37,015
14.8361
1,$72
102.557
Total Unrestriclod Fund5
10,728,462
8,310,930
18,833,840)
10,205.552
Restricted funds
Kinton Hall Proje¢t Fund
1.303,350
1105.0791
1,198.271
Ttstal R05trict8d Funds
1.303,350
105,079
1,198,271
Total Funds
10,728.462
9,614.280
8938919
11,403,823
The Chn51ian ConferenGe Tru511 Annual Rewrt and FINqnCE￿ Staiernents 2024tt5
Page 27

Tho Chrlstlart Conferen¢e Trust
Notes to the Financial Statements
For the year ond&d 31$t O¢tob•r 2025
19 Analysis of as58ts and liabilitles be￿een tunts
Unrestricted
Fund
Deslgnated
Fund
Rèstrltted
Fund
Tothi
Grou
Tangible fixed a$set$
Current assets
Current liabilities
Creditors due after ¢ne year
17.423,721
2.482,941
14.941,7401
15.038.532)
97,921
3,1go
17,521,642
5,082,869
14,941,740)
15,038.5321
2,596.738
Year endad 31 October 2025
9,926,390
101.111
1596,738
12.624,239
Tangible fixed assets
Investment in subsidiary
Current assets
Current liabilities
Creditors due after one year
17,423,721
110.358
1.847.871
14,488.1171
15,017.4831
97.921
17,521,642
110.358
4,447,599
14,488,117>
15,017,463>
3.190
2,596.738
Yoar ended 31 October 2025
9,876,171
101.111
2.596.738
12,574.020
Unwtrlcted
Fund
Doignated
Fund
Restrlctsd
Fund
Total
Grou
2024 com
ar
Tangible fixed assets
Current assets
15,5S6.359
3.856,859
14.021,9361
15.039,4391
102,557
1,572
15,658.9t6
4.65fj,￿2
14,021,9361
15,039.4391
1,198,271
C￿lt￿lS due alter one year
Year ended 31 0¢tobor 2024
10,151.643
104,129
1,198,271
11,454,r143
Charl 2024 com
ratlve
Tangib￿ fixed a$$el$
Investment in subsidiary
Current assets
C￿r￿nt liabilrties
Creditors due after one year
1S,556,359
110,358
2.949.733
13.513.328)
15.001,6991
102.557
15.658.916
110.358
4,149,$76
13,513,328)
15.001,6991
1,S72
1,198,271
At 31 October 2024
10,101,422
104,129
1,198.271
11,403,823
Tha Chrisiwi Conference Trust l Annual Report and Finan¢i* Statements 2024125
Page 28

The Christian Conferenc• Trust
Notes to the Financial Statements
For the year ended 31st October 2025
20 Capital commitmerts
Group and Charity
2025
2024
Contracted for but not prowded
Authonsed but not yet ¢onttacted
937,902
2.300.000
Capital commitments reported rebte to building a new conference hall at Htqh Le￿h, 'Kinton Hall,. which is expected to be
cornpleted in 202S.
21 Operotlng leJs
Operailng lea￿. Lessor
The group Lgases fami land and surplus bu1￿￿ng areas to third parties under operating ￿ase arrangements. The total minimum
rental income receivab￿ under non-cancellabl& operating leases for property are as follows".
Gfftu
Building
2025
Bullding
2024
Within a year
8,800
8.8LIO
8,800
Op&ratln9 lease- Le558e
Total future minimum lease payments under non4an¢ellabl8 OWmting18a5es are as folbws..
Grou
and charl
Conference
Equipment
2025
V8hlcles
Totsl
Totsl
2025
2025
2024
Within a year
Two to five years
14.175
18,1
16,436
3,442
30,611
21,597
64.105
74.535
32,330
19,877
52,207
138,640
Related party tronsa¢tlons
The Christian Conference TfU5t has a owned sub$idiary. First Conference Estsle Ltd. The trading actwit￿S of the company
are set oijt in Note 5.
The amounts due to the subsidiary are disdosed in Note 1512023124. due from subsidiary as tliscbsed in Note 141. During Ihe
year a management charge of £1,133.67812023124 £1.310,4061 was made from the Trust to the subsidiary company. There
were no other ￿lated party Ir¥Dsaclions during the year12023124'. none)
23 Reconclllation of net Income to net cagh flows provide¢J by operating activiti8S
2025
2024
Operating activities
Net Income for the year
1,170,196
875,381
Adjustments for..
Interest payabb on bank and other loans
Interest receivable
epreeialion and deficit on disposal of tangib￿ assets
Iln¢rea5el in Stock
Decrease I Ilncreasèl in debtors
Increase in creditor5
367.159
1127.9951
736.188
16.8551
315,018
879,331
253,536
131,4981
602,831
113,2541
170.5641
1,372,330
Net cash provided by operatlng actlvltles
3,333.242
2.788,740
Thtr Chnstsan Conftren¢è Trust l Annual Report and FiTranrJal Statements 2024125
Payt 29

Thg Christian Conferon¢e Trust
Notes to the Financial Statements
For the year andod 31$t O¢tob¢r 2025
COMPARATIVE INFORMATION.. CONSOLIDATED STATEMENT OF FINANc￿L ACTIWTIES FOR YEAR ENDED 31st
OCTOBER 2024
Unr85tricted
Funds
Restrictsd
Fund5
Total
2024
Total
2023
Income from..
Donations
Chantable a¢tivifje$
other trading adniltles
Investment income
Is.000
6.723.990
1.758.1d3
31.498
1,303.350
1,318,350
6,723.990
1,758,143
31,498
5.872.fj87
1,907,817
Totsl Income
8.528.631
1.303.350
9,831.981
7.780,504
Expendiiure on
Raising funds
Ongoing Charitable activities
295,954
8,755.587
295,9S4
8,860,666
295,413
7.249,609
105.079
Tt)tsl ex￿ndIt￿re
9,051.541
105.079
9,156,620
7,545,022
Notln¢om• I IExpfyndltstr•l fortho ￿r b6lortr
transle
1522,9101
1,198.2T1
675,361
235,482
T￿nSfer$ be￿e&n funds
Nèt movemont in lund$
1522,9101
1.198.271
675,361
235,482
Reconclllatlon of funds
Fund$ brought forward
10.778.e82
10.778.e82
10,543.200
Totsl tunds carrled fovward
10.25S,772
1.198.271
11.454,043
10.778.682
The Statement of finanaal activities Indude8 all gain$ and lo$$trs rewnk%ed in the year.
l income and expenditu￿ derive5 frun continuing aclivilies.
The Christian Contsrance Twst l Report and Financia state￿￿nts 2024125
Page 30