ONYHULL C H U RC H egistered Charity Number 10601(X) Annual Report & Financial Statements For the year ended 30 September 2025
C H U R C H Monyhull Church Annual Report & Financial Statements Year ended 30 September 2025 Contents Pages Trustees, report 1to7 Independent Examiner's report Statement of Financial Activities 10 Balance Sheet Cashflow statement 12 Notes to the financial statements 13to19
Monyhull Church Report of the Trustses for the year ended 30 September 2025 The Trustees are pleased to present their report and financial statements for the year ended 30 September 2025 and confirm they comply with the requirements of the Charities Act 2011, the trust deed and the Charities SORP IFRS 1021. Roference and Adminigtrntive Informatlon Charity Name Monyhull Church Regi5t?r?d Charity Number 11)601OJ Principal Addr¢ss Monyhull Church St Francis Drive Kings Norton Birmingham B30 3PS Tru8togs Trustees who s8rv•d during the year were.. Andrew Cole Paul Mallard Donald Morrison Louis Quaintance Philip Sweèting Mark Wiggins Prop•rty Holdlng Trust On 8th September 2010, Thé Fèllowship of Independent Evangelical Churches Limit•d was appointed 4$ th¢ Church's Holdin9 TrustéÈ. The sole purpose of this appointment is for holding the1egal title of feal property and investments in trust for th• Chureh and ensurin9 that the same is usad only in accordance with the in5truction3 of the Managing Trustees in furtherance of the purposè of the Church. Bankers HSBC 13 Chap•l Strèet, Stratford upon Avon. Warwickshire, CV37 6 Ind•p•nd•nt Examlner Dale Bru5by ACMA CGMA 11 Woodstock Court, 158 Northfièld Road, knngs Norton, Birmingham, 830 1DX
Structure. Governance and Management Monyhull Church is constituted as a charitable trust and was registered with the Charity Commission on 1 Ith January 1997 under Charity number 1060100. The Church is governed by a Trust Deed dated 17th October 1996 tO9ether with a Supplemental Agreement dated 26th June 2012. The Trust Deed and Supplem8ntal Agreement are supported by a Constitution, referred to as the Church Rules, which sets out the beliefs and pradice of the members and regulat¢s the day to day opor3tion of the Church including thè appointment of Elders, who aet as thè Managing Trustaès of the Trust. The Church is affiliated to the Fellowship of Independent Evangelical Churches IFIECI. The Church opeTate5 under the oversight of a team of Elders, each of whom is a Trustee of thtr Chur¢h. The Trustèes maèt at lèast oncè a month and arè responsiblè for all dècisions takèn in relation to the operation of the Church and the activities provided by it. To assist the operation of the Church, a number of Deacons and ministry leaders hav? been appointed to oversee the Church's programme of activities. All Deacons and Ministry Team leader5 are formal members of th• Chureh. The deci5ion5 of the Trustee5 are reported to the Church's members at r?gular business meeting5. Significant decisions are made only with the approval of the Church member5 as required by the Church's governing documents. The day-tg-day management of the Church's programme and facilities has been delegated by the Trustees to th? Church staff team. Deacons and ministry lazders who provide regular r•ports to th• Trustees. During the financial year the Church employed one Senior Pastor, one A5S0Ciate Pastor, one Administrator, on• Youth Minister and on8 Car•tak•r èach of whom rÈceivÈd emoluments and r•imburs8m•nt of expenses. Where employees are also Truytee5, the Church's governing documents provide for the remuneration ol Trustees in this way. The Church has appointed an Employment Committee which comprises a number of Church members together with one non-remunerated Trustee. The Employment Committee propose5 annual pay rise$ for current employees. Any such proposals are approved by thè non-rgmun¢rat¢d Trustee5. Employees do not participate in determining the remuneration they receive. Under th• Church Rule5. new Elders ar? proposed by th? ?xisting Elders and then approved by Church m•rnbers via a ballot which requires the support of at least 66% of those Churth members participating in the ballot. Other than the Pastors, who are appointed on a permanent basis, Elders serv6 for a period of three years following which they are required to submit for re-election for a further three-year term. Following election by Church members, the training and general induction of new Trustees is overseen by the existing Trustees. wh¢ may delegate certain elements of this process to staff mernbers. New Trustees are provided with copies of the Church'5 goveming documents together with key policies and procedures, Charity Cornmission publications and the Church's risk assessment docurnent. The Trustees continue to oversee the Church's organisational structures to ensure the demands of a growing Church are met. Regular attention is given to strategic and operational risks and 5ySterns have been established in order to mana9e and mitlgate any area5 identified a5 being higheT risk.
The Church's finances are kept under regular review with updates from the Finance Deacon to the Trustees and also tgrmly report5 to the Church members. Further risk management includes appropriate insurance policies being in place and Disclosure & Barring Service chècks being undèrtaken on all those who work with children or other vulnerable groups within the Church. Safeguarding Co-ordinator oversees the implementaty'on of the Church's safeguarding policy. Objectives and Activities The objectivtrs ol the Church, as stated in its governing documents, ore- to advancè the Christian faith in Birmin9ham and in such othef parts of the Unit•d Kingdom or th¢ world in accordance with the Church's Basis of Faith,. and to prgmgte and fulfil such other charitable purpos¢s b•n¢fi¢ial to th¥ community in Birmin9ham and in such other parts of tha United Kin9dom or the world as shall, in the opinion of the Trustèes further th8 work of th• Church. In •xerci5ing Its stated objectives, the Church ha$ the following aim5- the worship of God, centred on the preaching and teaching of tho Word of God: th• cultivation of a caring fellowship for the encoura9gment and building up of the members., to evangèlise by the proclamation of the Gospel, by lotal outreach, ond by prayerful ond practical support of overseas work,. and thè demonstration of the love of God by artive involvement in the local community. In sumrnarising its strategic activiti•s, thè Church has adopted the following vision statement Monyhull Church •xlth to bulld a cammunlty of pu•lw•t• dlKlpl•• ofJww Chrl •qulppSng th•m to s•rv• HIM In Monyhull. BSmilngh•m and b•yond
Activities and achievements The Church continues to carry out a wide range of activities in pursuance of its chariL7ble Jims. When planning and rèviewing this programm¢ of artivities. the Trusteos have givn due consideration to the Charity Commission's general 9uidance on public benefit and, in particular. the specific guidance to charities for the advancement of religion. The Tru5te&5 are committed to ensuring the Church play5 its part not only in the local community but also further afield. In the Same way, Church mernber5 are encouraged to live out their faith in their individual local communities and neighbourhoods. At the year end the Church ha5 a formal membership of 172 full members and 14 as59ciate members. with a regular ongregation of approximately 330 people, coverin9 a wide demographic rang. The majority of the Church's activities are open to the public and the Church welcomes its congregation from all cultural background5, Wlth the aim of ensuring each member has the appropriate opportunity to engage with and benelit from the Church'5 activitie5. The Trustees consider that the Church's pro9rarnme of activities, summarised b¢low, provides benefit both to those wh¢ worship at the Chur¢h and the wider ¢ommunity of Monyhull, Birmingham and beyond. The Church holds two publlc sèrvicès of worship each Sunday. These services are open to the general public and rnbingd congregations of approximately 330 p?ople normally attend. Services ara advertisod on the Church's website. live-streamed tsn YouTubt. In addition to the general advertising of the main Sunday service5, invitations to special ev•nts. such as Community Day and Christmas sèrvices. are r•9ularly distributèd to th• surrounding neighbourhood comprising 600 home5. Members of the congregation are encouraged to join local Fellowship Group5 which m••t èach week. These groups providè a smallèr format for Bible teaching and prayèr. Fellowship Groups are co.ordinated by one of the Elders, and each Féllowship Group 15 led by respected rnembers of the Church. In èddition to Bible teachin9 and prayer, Fellowship Groups arè also d•signad to providè pastoral support and opportunities for developing friendship. The Church also encoura9es its members in the activity of prayer. This is ?mpha5i5ed in the local Fellowship Group activities. regular prayer bull•tins. monthly prayer meetings and an annual week of prayer. The two main annual community events are Carols on Monyhull Green and the Monyhull Community Day. Carols on Monyhull Green 15 an open air Comrnunity Carol Service on Monyhull Green on Christmas Eve with refreshment5 following in the church. For the Monyhull Community Day, hundreds ol member5 of the local community came along to the church to enjoy games, inflatables, refreshments, BBQ, craft fair and other activitiès. There were also opportunities for people to learn more about the church and the various community activities which the church run5 each week. A varied programme of regular activities is also arranged by the Church, with invitations issued to friends and olleagues of Church rnembers, as well a5 rn9re general invitatign5 to the local neighbourhood. This includes coffee morning5. rnen's and women's events. Guest speakers are typicjlly invited to these events at which they present a talk about their faith or another topic of interest. Activities for children and youth included Noah's Ark Stsy and Play se55ion5. the weekly artivities for Children. Sparks. Megabytes and Growth Groups, and the Monyhull Youth events on Friday5 and Sundays. The Church facilitie5 can be hired by extemal organisations and individua15 including for family parties, weddin9 celebrations, training I consultation meetings, neighbourhood police tasking rneetings and residents. forum/ward ommittee meetings. In addition, the Church premise5 have been used for hosting events for local and national charities. The Church also acis 35 a polling station for local and national elections. This is all in addition to the ongoing programme of Church ministry.
With God's help and guidance, the Trustees anticipate the development of future ministries from the ChuTch Centre and are grateful to the number of Church members who continue to work so diligently in the life and activity of Monyhull Church. Plans for future period It is anticipated that the Church will continue its activities and overall ministry as evidenced in the financial year ending 30 September 2025. Tha Trustees will review any future ministry opportunities in tha light of the Church's Strategic aims and objectives. Financial review The Financial Statements have been prepared on an accruals basis and include a Statement of Finan¢ial Artivities and Balance Sheet. The Trustees continue to review the Church's finances on a regular basis and Church members receive termly financial updates. The majority ol the Church'5 income continues to be received via gifts and donations principally from Church members and other committed Christians attending the main Church meetings. Where appropriate, tax is reclaimed undèr tha HMRC Gift Aid scheme. Re5trirted funds are accountèd lor separately and ar? ring-fenced from other funds. Restricted funds are only accepted for projects or activities approved by th• Trustees. As noted btrlow, the Truste•s do not have specific re5¢rves policies for thè Church's r85tricted funds. The Church has no long-term investments. All cash r•s•rves are held in bank account5, all of which are protected under the Financia5 Servicés Compensation Scheme. Grant support is provided by the Church to a wide range of individualy and or9anisations involved in Christian work, both in the United Kingdom and overseas. Grants are considered by th• Trustees and approved by Church members as part o+ the Church's annual budget-setting process. More urgent grant support can be approved, •ith•r by th• Trustèès or Church members, in line with the Chureh's internal financial policy. Grant support provided during the financial year is outlined in the notas tts thè Financial Statements. The finances of •ach fund, for the financial year, are surnmari5ed ès follow5.. The General Fund is used for the day-to-day running of the Church and its activities. The Fund can be used to support other Church funds at the discretion of the Trustèès. in line with the Church's internal Pinancial policy. At the year-end the General Fund recorded a deficit of £9.466 after transfers to other funds. General Fund reserve5 at the year-end totalled £80.354 of which net current assets stood at £79.936.
The Church aims to hold a minirnum of £44,000 in liquid reserve5 in the General Fund at any point in time in Drder to ensure there are sufficient funds to accommodate irregular periods of income and expenditure and l or budgeted deficits. An annual budget-setting process together with regular financial reports anable the Trustees to actively monitor and manage General Fund rese*ves. Global Partnérs Fund The Global Partners Fund supports individual Christians and or9anisations working in both the UK and overseas. The general principle for the Fund is for all gifts received to be disbursed to appropriate individualslcausas a5 soon as possible. Consequently. there is no specific Reserves Policy for this Fund. The Training Fund supports individuals training for a variety of Christian ministries. During the year, two 9rants were made from the Training Fund totallin9 £115. There is no specific Reserves Policy lor thi5 Fund. Thg Church's freehold premises were acquired in September 2012 and comprise the original Church building, formerly part of Monyhull Hospital. together with Monyhull Green and the adjoining land and car parks. In 2013. additional premises were constTUCted, and these were funded via the Church's 8uildin9 Fund. In order to supplement the Building Fund. th• Trustèès hav• also entar•d into loan agr•éments. At the y•ar ènd. loan from Stewardship Services IUKEn knmited is still outstandin9. The Buildin9 Fund continues tc+ receive gifts from Church members, and these are used to mak8 th8 repaym•nts in accordanc• with the respective loan agreements. All rèpayments are up to date and, at the f1nancial year end, the loan balances totalled £133,711 12024.. £149,247). Additional giving into the fund has also b••n ree•iv8d for thè futurè rèfurbishment of thè original chapel building. The BLtilding Fund op•r4tè$ as a restri¢t•d fund and, a$ $uch, there is no spe¢ifi¢ Rtrserye$ Policy for thi$ Fund. The Fellowship Fund is a discretionary fund administered by the Trustees to assist those in Situations of hardship. During the year three grants wer? made from the fund to individual church members totalling £1,190
Ststement of Trustees, responsibilities The Trustees are responsible for preparing an annLJal report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pratticel. The law applicable to charities in En9land and Wales requires the Charity Trustees to prepare financial statements each year which givè a truè and fair view of the state of affairs of the Charity and of the incoming resource5 and application of resources of the Charity for that period. In preparin9 the financial statements, the Trustees are required to: Select suitable accounting policies and apply them consistently., Observe the methods and principles in th? Charities SORP., Make judgments and estimates that are reasonable ènd prudent: Statè whether applicable accounting standards have been follgwed, 5ubjert to any rnaterial departures disclosed and explained in the financial statements., Prepare the financial statamènt5 on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for kèèping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enablè thèm to 8nsurè that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and th• provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence taking reasonabl8 stèps for the prevention and d?tection of fraud and other irr6gularitiés. The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity's web51te. Legislation governing the preparation and diss¢minatign of financial statements rnay differ from legislation in other jurisdictions. Approved by the Trustees on JE 2026 and signed on their behalf by.. Andy Col• Trustse
C H U R C H CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report R•portto the t1¢ MONYHULL CHURCH On accounts for the year •ndod 3SEPTEMBER 2025 Charity no llf any) 1 oe0100 S•t out on pag•• 11>20 I report lo th• truste8s on my 8xarnlnatlon ofthe accounts of the abov• charty (Yhe Trusfi for Ihg year •n¢J•d 30 109 12025. As the ¢hafity'¥ tnJste, you are SpOnSibl$ for the pparatIon of lh8 •¢counts in aec¢rdance the raquir8ments tsl thg Charftles Act 2011 Ro•pon¥lbllltl•• and ba•1$ of roport I report In rÈ8pe¢t of my •xamin4lion of th? TrusV$ aunt6 eArri•d out under section 145 of the 2011 Act and In carylng out my eK8rninabon. I hove followed au the applicable Dlrections gSv•n by the Chgdty Cornmi881on der s6dK)n 14515llb) of thg Act. Indep•nd8nt trh8 tharlty's gro8¥ incom8 8xce8ded £250,000 antj l am qualffied to examlngr's 8tstsm•nt undertak8 th& examln8tlon by being a qualffiad mgmker of Chartered Intstttute ol Management A¢untant$. I have cornpl•tttd my oxamination. I ci)rfirn that no material matters h8Ve come to my gtt•ntion in connectlon wth the exarninatton other than that dl$c108ed beltrw which gNes me cae b t•liav• Ihot in, any matgfTal ro3pect'. the accA)unting recordg were not kopt in alx0rda& wtth 8eclton 130 of tha Charitles ArA,' or the accounts dl(J not accord wilh the accounfjng Mcords,. or th8 #¢counts dKI not cornply with the appli¢able reqLArem¢nts conc•mlng the form and content of a¢counts set out in the Chartti•8 IAcccMJnts and Roportsl Regulations 2008 other than any requirement that the aGcountB give a 'trua 8nd lairf wv•J which ra not a mattor consid&red as part of an Indepèndènt examination. I have no concems and have com• no other matters in conFwknon with the examination to whith attontion shoukl be drawn in Ihi$ report in order to enabl& a Froper undergtanding ofthe accounts to reached Slgn•d: 12 N4m9: DALE BRUSBY Relèvant prol88slonal guallflcathonl$l or body (Sf any): A.C.MA C.G.M.A IER Oct 2018
uiii i C H U R C Addre•s: 11 Woodstock Court, 158 Northfkld Rogd, KJngs Norton, Bimingham B30 1DX Section B Disclosure Only comptete rf the examiner needs to highlight materfal matter5 of conce (see CC32. Independent examination ol charity accounts. th'rections and guidance lor examineTSI. Glve haro brl•f d•tsll• of any itsnw thatthe •xamlngrwJsho8 to dl$cl¢¥•. Hall Hlre co8ts'. Most of them re18te to refiJnd6 or off8 %sfil¢h have beon recorded 88 an expendthre wthin the Finance Report. Th1$ is In line wth accounts'ng winopl88 of FRS 102. There ha8 been much dlscussion overthelr posillon in the Finan( RèKK)rt 8S 4 $ignthunt arnount relates to invoKe3 rai8ed that are sub88qu&ntly unpaKI or written off lor Jome reason. However, it has been d8c4d•d that1 accwnts 8hould lolLty•4 lh• ac¢our*lng procèdur• a8 down. IER Oct 2018
yiii i C H U R C P4 Monyhull Church Statement of Finanaal Activities for the year ended 30 September 2025 30 S•ptth)Ib•r 2024 30 sePtemr 2025 Unrestricted & Deslgnatsd Not• R•strirt•d Total Funds T¢)tal Funds Incom• & EndoNyTn•rrts from: Donations Gift Aid tax recoverable Intergst Use Gf premises Other charitabl• activiti•s 206,033 39.876 65,412 10,539 271,444 50.416 240.579 49,330 24,867 13,984 24,867 13,984 16,718 16.762 Total 284,7+50 75.951 3*10.711 323,389 Exp•ndltur• on: Charitable activitias Ministry Global Partners Support Property & Utilitiès 213,104 1,305 49,160 214.409 49,160 30,045 163,346 48,442 31.828 30.045 Administration/Miscèllan•ous Depreciation Buildin9 Project Govèrnance costs 26,813 50 26.863 18,347 22,747 8,980 10.183 31.727 10,183 3,392 36,096 11,632 973 3,392 Totsl 296.101 69.677 365,779 310,664 N•t Incom•ll•xp•ndltur•) 111.342) 6.274 15,0681 12,725 Transfers beeen funds 118,2501 18,250 N•t mov•m•nt in fun& 129.5921 24.524 15,0681 12.725 R•conciliation of Fun& Totsl Funds brought forward 109,947 1,063,925 1.173.872 1,161,147 Totsl Funds carri•d for4Yard 80.354 1.088.449 1.168.803 I.17312 All income and expenditure relates to continuing activities. Where applicable, the Statement of Financial Activities include5 all gains and losses during the year. The attached notes on page5 13-20 form part of these financial statements. -io-
C H Ll R C H Monyhull Church Balance Sheet Al at 30 S•ptsmb•r As at 30 Stptsmb•r 2024 Flx•d AM•ts TJn9ible fixed assets 1,115,518 1,147,244 Curr•nt AM•ts Oebtors & Prepayments Cash at bank and in hand Totsl curr•rrt aM•ts 12 13 9,984 197,844 207,828 16.581 179.954 196.536 abllitl•s Creditors falling du• within oné y•ar N•t Curr•nt Au•ts 14 131,9131 131,7431 175,915 164,793 Cr•dtt¢rn f•lllng du• th•r one y Loan accounts 15 1122,6301 1138,1661 Not AJ8•ts 1,168,803 1.173.871 Fund$ Unrestricted & Designatéd fund¥ Réstrirted funds 16, 17 16, 17 80,354 1,088,449 109.946 1,063,925 Totsl Funds 1,168,803 1.173.871 The attached not95 On pages 13-20 form part of thèsè financial statements. Approved by the Trustees on EEPr 2026 and signed on their behaK by Ano51 Col• Trust•• Don Morrfson Trusts• -11
C H U R C H Monyhull Church Cash Flow Ststement for the year ended 30 September 2025 30 S•ptemb•r 2025 30 September 2024 Not ¢86h from OP•fatlng actlvltl Net incgming resources Depreciation Movement in debtors Movement in creditors 15.0681 31.727 1,732 171 12,725 36,096 14,8651 10.290 N•t cash inflow from op•rating actiwtiei 28,561 Capitsl Expenditure Capital reductions to term liabilities 115,5361 117,6101 IrKr•u• ID•cr•u•l In 13,025 36.635 Th• attachad natès on pagès 13-20 form part of th•sè financial statements. -12-
nNIvui li i C H U R C H Monyhull Church Notes to the Financial Statements for the year ended 30 September 2025 1. Accounting Polio•s (al Ba515 of preparauon The Financial Statements have been prepared in accordance with the requirements of the Charities Act 2011 and thè Church Accounting Regulations 2006 together with applicable UK accounting 5tandard5 and the revised Statement of Recornmended Practice-. Accounting and Reporting by Charitiès ISORPI FRS 102 SORP 2015. The Financial Statement5 have been prepared under the historical cost convention and include transactions, assets and liabiliti?s for which the Trustees are responsible in law. They do not include the financial Statements of Church groups that owe their main afPiliation to another body or tho59 that are informal 9dtherin95 of Church members. Ibl Funds 3tTUCtur• Unrnsthetedfvndscomprise those funds which can b• us8d by th• Trustaes for any purpose in furtherance of the charitable tsbjectivès. Fr¢m time to time the TTUStees may designate funds for a specific purpose. Rejtncted fundj represent donations or 9r4nts rtr¢eived for a specific purpose and can only be expended on the purpose lor whith th¢y were given, unles5 any change is properly authorised by the donor. Ic) Incomin9 r•>ur¢•• All in¢oming resources are recognised on¢ the Church has full 189al entitlement, and it is certain the resources will be received and th•ir monetary value can be measured with sufficient r•liability. Voluntary Income is received by way tsf 9ifts and donations and is included in full on the Statement of Financial Activitie5 when received. Income tax recoverable on Gift Aid donation$ is rcognisd wh•n th¢ gift is received and is accounted for on an accrua15 basis. Intwwtrec•Nedis accounted for on en accruals basis. Oth•rincom• is rècognis•d when receivable. Idl R•SourC •xp•nd•d All expenditure is recognised on an accruals basis as soon as there is a legal or con5truttive obligation committing the Church to the expenditure. It is accounted for when it is incurred and is inclusive of any VAT which Cannot bè recovered. All costs incurred by the Church irt the delivery of its activities are allocated between the expenditure categories of the Statement of Financial Activities on a ba515 designed to reflert the use of the resource. C05t5 relating to particular aetivity comprise both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. (•) Grants ènd donatlons Grant5 and donations are accounted for when paid over. or when awarded if that award creates a binding obligation on thè Church. Such payments are made to third parties in furtherance of the Church's charitable objertives. lfj Gov•mance costs Governance costs include those ¢osts a550ciated with meeting the constitutional and statutory requirements of the Church and include its independent examination and c05t5 linked to the Strategic management ol the Church. -13-
nNY4111 1 C H U R C H (91 Gov•m•n¢• $ts All tsngible fixed assets are used by the Church in fulfillin9 its charitable objectives. Tangible fixed assets are capitalised at histtsriccost and are stated at Cost less accumulated depreaation which is accounted for on a straight lina basis over the asset's èstimated useful life. The annual depreciation rates applied are as follows.. Fr•èhold land and buildings Improvèments to land and buildings Fixtures, fittings & equipment 25% Fixturès, fittings and •quipm8nt itèms costing less than £250 are not capitalised, unless part of a group purchase exceeding £250, but are written off to revenue as the exponditure 15 incurrèd. th) P•ns50 Thè church pays total tontributions at the rate of 5% of basic gr035 annual salary into an HMRC approved Workplac• Pension Sch•me for each eligible staff member, or if thgy havg opted out, into an approved per59nal pension ycheme. An annually reviewablo Salary sacrifi¢e 5ch•me is also made available whith entitles employees to sacrific• a proportion of th•ir salary in direct exchange for additionjl p•nsion contributions. Pension contribution3 are recorded in note 18. 2. In¢om• frorn oth•r th•ritsbl• ad4ltl•s 30 S•pt•mb•r 2025 30 S•pt•mb•r 2024 Unrestricted G•n•r•lmlnhtycoJts Income to offset staff expenses Weekend and day èvènts 274 20 7,902 ChHdr•n i & Youth mlnljty Noah's Ark Youth weekend and events 1.248 3,093 1,699 2,680 Community Day Men's events Women's events 2.277 1,595 517 2,504 906 71 Room hire & equipment rental Other items 24.867 4.959 16,718 540 Totsl othor Inrn• 38.851 33.479 -14-
nkivui li i C H U R C H 3. Exp•nditur• on Ministy 30 Soptembor 2025 30 S•pt•mber 2024 Unrestricted Staff salarie5 and expenses Inotes 18 & 191 Speakers fees Weekend and day events Pastoral support Catering Cleaning Fellowship Group resources Licenc95 Training 159,400 599 5.766 77 4,108 1,274 35 7,175 1,184 179,618 115,657 485 7.804 45 3,484 907 308 5,921 2,603 137,213 ChMdr•n'J & Yotsth mlnhty Noah's Ark Growth Group5 Megabytes Sparks Monyhull Youth Youth weekend away Disclosure & Barrin9 Service checkslchild Protection 1,151 788 482 522 1,709 11,594 1,671 17,918 1,085 207 504 88 600 5,578 1,266 9.327 Cornmunity Oay Christmas & Easter •v•nts Coffee mornings Men's / Wom•n's events Other Outreach event3 Evang•listic lit•rature and media 5,944 4,651 347 4,004 375 248 15,568 6,661 3,373 119 2,008 76 855 13,091 Restrirted Tr•lnlng Training Grant Fdlothip Financial support 115 1.287 1,190 2,428 Totd •xyndltur• on mlnhty 214.409 163,346 4. Global Path•r Support 30 5•ptsmb•r 2025 30 S•pt•mb•r 2024 Re5trirted OMF (Griffithsl UFM (Gaveyl AIM18elll Just Caring Midlands Operation Mobili5ation Iwheatleyl 15,310 12.310 9,910 4.380 1,810 15.486 12.486 10.086 4,20Q 1,926 -15-
C H U RC H UCCF (Murkettl Birmingham City Mission 300 360 44.380 360 44.843 P•rnon•lgnW9r&ryts Duda 5UPPOrt IPolandl 1,7SO 1,750 1.750 1,750 Onfroffgrfts Hakvest offering Spearhead Trust- 'Real Easter. Pastoral mission visits 1,881 399 750 1,450 399 Totsl •xP•ndUra On Global P•rtn¢r iupp¢rt 49,160 48.442 5. Exp•ndltrJr• on Property & u11? 30 S•pt•mb•r 2025 30 S•ptsmb•r 2024 Prop•rty r•pairs & maint•nanc• Equipment purchase. maintenance & service Utiliti•s- gas. electric. water BuildingslContentslEngin•erin9 insurance Totsl •xp•ndltur• on prop•rty & utllltl•s 7,777 9,316 6.693 6,259 15.374 6,010 3,677 6,767 31.828 6, Exp•ndltur• t)n Admlnlstratlon l MIKdlan•ou• 30 Septsmb•r 2025 30 S•pt•mb•r 2024 Websit• & adv¢rtisin9 Photocopier rental & servic• PAJrecording Telephone & intefnet Stationery & printing FIEC, Affinity, Midlands Gospel Partnership Sundry expenditure litem5 less than £2501 Bank charges - Unrestricted Bank charges - Restricted Hèalth & Safety revièw Online processing fees Hall Hire Costs I Write Offs Totsl expendrture on MInISttI¢)lmIxd7)ne0v1 7. Bulldlng fund costs 415 2,773 987 1.266 4,163 545 2,316 7,704 270 14121 962 3,172 7,100 10) 145 50 1,462 1,813 8,742 26.863 264 1.184 18.347 30 SepteMr 2025 30 S•ptsmb•r 2024 Restrirted Loan interest- Stewardship Total expenditure on building project 10,183 10.183 11,632 11.632 8. G0M*n o)5t3 30 Septembor 2025 30 Septemb•r 224 Unrestricted -16-
C H U R C H Trustee indemnity insurance Independent examinatlOll- gift Staff pension scheme administration fee Legal feès Totd g¢>vernance casts 327 250 396 396 2,996 3.392 973 9. Related party transactions No Trustee had any personal int•r•st in any contract oi transaction entered into by the Church during the year. 10. Taxation As a Charity, the Church is exempt from tax on incom8 and gains falling within sèetion 505 of th• Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act IIP92 to th8 •xtènt that th•s• ar• applied to its tharita618 objects. No tax charge5 have oris?n within the Church. 11. FIX A88•ts FIr•s. Ftttln & Egulpm•nt Land & Buildln91 Totsl Cost 8alanc• at 30 Sept 2024 Additions Disposals Balance at 30 Sept 2025 1,458,752 94.042 1,552,794 1,458,752 94,042 1,552,794 Accumuljted depreciation Balanc• at 30 Sept 2024 Charge in tha year Disposals Balance at 30 S•pt 2025 314.S47 29,106 91.003 2,620 405,550 31.727 343,653 93,623 405.550 Net book valu• at 30 S•pt 2025 Net book value at 30 S•pt 2024 The Land & Building5 values shown above are at historical cost less depreciation, and do not necessarily reflect urrent market value. The Land & Buildings comprise a Freehold Property now known as Monyhull Church, St Francis Drive. Kings Norton. 8irmingharn. The property was acquired in 2012 and was the Subject of construction work on a new annexe in 2013. 1.115.lJ99 1,144.205 419 1.115.518 1,147.2414 3,039 The Land & Building5 are held on trust for the Church by FIEC rnited as Holding Trustee. A51 fixed assets are held for charitable purposès. 11 D•btord & Propaym•nts 30 September 2025 30 Septemb•r 2024 Debtors Prepayments 2,818 4,213 5,295 7.655 -17-
,-JYHULL C l U R C H Income tax recoverable on Gift Aid 2.954 9.984 16.581 13. Bank BalarK 30 September 2025 30 Septemb•r 2024 Current Accounts Online payment processors 196.969 875 197.844 174,753 5.201 179,954 14. Cr•dltoM- amounts f•lllrYJ du• wlthln on• y•ar 30 S•ptsmbor 2025 30 S•ptemb•r 2024 Loan atcounts Sttwardship Accfuals Deferred income 11,082 18.013 2.818 31.913 11.082 13,714 6.947 31.743 15. Cr•ditors- •mounts f•lllng du• •ft•r om y•ar 30 S•pt•mb•r 2025 30 S•pt•mb•r 2024 Loan accounts Stewardship 122,630 122.630 138,166 138.166 The loan from Stewardship Services IUKETI Ltd is secured by a legal charge over the Church's land & buildings. 16. Mov•m•nt of Funth B•l•nc• blf R•ulpts Pwents Trand•rn BalarK• clf R••trfct•d Buildin9 Fund Global Partner5 Fund Training Fund Fellowship Fund 1,050,579 39,191 30,959 2,360 3,441 119.1621 149.2101 1,070,607 18,250 8,803 4,543 11,048 6.794 11.1901 Building Fund 20,126 120.1261 General Fund Total funds 89.820 1.173.872 284,760 360.711 1275.9751 1365.779) 118,2501 80,354 1.168.803 The transfer into the Global Partners Fund Tepresents the amount required to balance the Fund at thè year-énd. 17. Analysis of Funds Fd Ass•ts N•t Curr•nt Assets T•rm LiabilTties Total -18-
C H U R C H Building Fund Global Partner5 Fund Training Fund Féllowship Fund 1.115.099 78,138 1122.6301 1,070.607 11.048 6,794 11.048 6,794 General Fund 419 79,936 80,354 Tatsl fun& 1.115.518 175.916 1122.6301 1.168.803 The General Fund comprisès unr•stricted fund5 which are available for use in the 9eneral operation of the Church nd its artivities. Some of these funds may bo d8signat•d by th• chureh Eld•rs for us• by other funds. Rostricted funds are used for the following specific purpos•s: Bulldlng Fund The Building Fund was originally establishèd to eov¢r the cost of ¢onstfU¢tirtg additional Church facllityès. The Building Fund continues to receiv? gifts and donations which are used to repay a loan from Stewardship Services IUKETI Limited. This loan was raised in 2013 t0 0551st with the con5trurtion cost of new Church facilities. Surpluses in th• Fund may be used to make additional payMentS on the loans outstanding or contribute to the refurbishment of the Chapel building. Glo1 P•rtn•r* Fund The Global Partnèrs Fund supports individual Christians and or9ani5ations WOTking in both the UK and overseas. Training Fund Thè Training Fund supports individuals training for Christian ministry. F•llovMhlp Fund The Fellowship Fund is a discretionary fund administèrèd by the church Elders to assist in situations of hardship. 18. St•ff numb•rn and Omolumonts 30 September 2025 30 September 2024 Number of staff at thè yèar end Salaries Expenses Pension contributions Employer NIC costs 123.678 15.914 12.597 7,211 159.4(hJ 93,754 5.825 11,383 4,695 115.657 At 30 September 2025, the church employed one full.time Pastor, one part.time Administrator, one lull-time Youth Minister and one part-timè Carètaker. No employee was paid at a rate in excess of £60,000 per annum. -15-
C H U R C H 19. Trust••s' •molum•nts and r•imburs•d •xp•ns•s The eld?rs of the Church (including the Pa5tor51 ar? all appointed as Trustees. The Church's 9overning documents Perrnit the reasonable remuneration of Trustee5 and also provide for the payment to Trusteès of reasonable and proper out of pocket expenses incurred in carryin9 Out their duti?5. In addition to salary and expen5e5, the church pay5 contributions at the rate of 5% of basic gross annual salary into an HMRC approved Workplace Pension Scheme for each eligible staff member. or if they havg opted out. an approved personal pension scheme. An annually reviewa618 salary Sacrifice scherne is also made available which entitle5 employees to sacrifice a proportion of their salary in dirert exchang• for additional pension contributions. Payments made to Trustees wèrè as follows: Solary Pvrflon T•X•l Yr to 30 S•pt•rrb•r 2025 Andrew Cole Philip Sweeting 41,144 24,219 65.364 2.212 2,084 4.296 3.247 6,091 9,338 46.604 32.394 78.998 Y•ar to 30 S•pt•mb•r 2024 Andrew Cole Philip Sweeting 39,326 24. 604 63.930 2,596 3.229 s25 3,247 6.147 9J94 45,109 33,980 79.149