**Registered number: 03404789 Charity number: 1065086**
## **THE FRONTIERS CHARITABLE TRUST**
**(A company limited by guarantee)**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2025**
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Company, its Trustees and advisers**|1 - 2|
|**Trustees' report**|3 - 10|
|**Independent auditors' report on the financial statements**|11 - 14|
|**Consolidated statement of financial activities**|15|
|**Consolidated balance sheet**|16 - 17|
|**Company balance sheet**|18 - 19|
|**Consolidated statement of cash flows**|20|
|**Notes to the financial statements**|21 - 40|
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025**
## **Trustees**
Mr A M Berry Mr R J Butler Mr J Phillips Ms J Williams, Chair Ms D Daniel Mr R Savage
## **Company registered number**
03404789
## **Charity registered number**
1065086
## **Registered office**
Kings Centre 27 Edison Road Eastbourne East Sussex BN23 6PT
## **Company secretary**
Mr S D Cox
## **Independent auditors**
Baldwin Scofield Ltd Chartered Accountants Statutory auditors 3 Newhouse Business Centre Old Crawley Road Horsham West Sussex RH12 4RU
Page 1
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Bankers**
Barclays Bank PLC 63 Terminus Road Eastbourne East Sussex BN21 3PQ
Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1NW
Santander UK PLC Bridle Road Bootle Merseyside L30 4GB
## **Solicitors**
Argles Stoneham Barstow Innovis House 108 High Street Crawley RH10 1AS
Page 2
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2025**
The Trustees present their annual report together with the audited financial statements of the The Frontiers Charitable Trust for the 1 September 2024 to 31 August 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the group and the Company qualify as small under section 383 of the Companies Act 2006, the Group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Objectives and activities**
## **Policies and objectives**
The objectives of The Frontiers Charitable Trust (TFCT) are as follows:
- To advance the Christian faith by such means as the charity shall determine from time to time;
- To relieve people who are in conditions of need, hardship or distress;
- To educate and assist young people through their leisure time activities so as to develop their physical, mental and spiritual capacity;
- To advance education in family life, in marriage and family relationships; and
- To advance Christian religious education and training.
Key objectives for the financial year ending August 2025 included:
- Advancement of the Christian faith
- Development of activities with all members of the Church
- Development of further links with Churches overseas
These objectives were captured as part of a vision document entitled “A Door of Hope” (taken from Hosea 2:15) setting out specific focus areas through to 2030, taking the organisation past its 40th anniversary. The missional intent of the vision is set out in three overlapping areas:
- Children & Young People
- The Creative Arts
- Planting Churches
These focus areas reflect a calling to build a reconciled church and open doors of hope to the local community of Eastbourne as well as reaching out into the world, regionally, nationally and internationally, to proclaim the gospel.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Strategies for achieving objectives**
The over-arching aim of the charity is to reach out into society at every level to give hope and compassion where there is none; and to build a local Christian church. This church will consist of members who have a desire for the worship of God, love of one another, communication of Jesus to the world and training of the whole Church. Its members will:
- Gather to family and friendship; through regular meetings and midweek groups, with meetings being made as accessible as possible
- Grow in character and gifting; through education in the Bible, use of spiritual gifts and regular prayer meetings
- Go in mission and service; actively serving others and sharing the Gospel of Jesus
Page 3
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Achievements and performance**
## **Review of activities**
Sunday Morning, Sunday Evening and Thursday Daytime meetings - the church gathers at the Kings Centre to take part in collective worship, teaching and prayer. The primary Sunday Morning meeting attracts around 500 people each week, the main meeting runs alongside groups catering for babies, young children, youth and those with specific needs. The Thursday meeting, held weekly during regular work hours, provides a much more intimate church experience with a focus on pastoral care. A third meeting held on Sunday Evenings, with a regular attendance of 70-80 members, has been running for around 9 months. The meeting is overseen by church eldership and run by developing leaders across various ministry teams who are encouraged to explore and grow their gifting.
A church plant into Sovereign Harbour in Eastbourne, led by existing church members, has now been running for around 18 months. This mission-focused site known as Grace Community Church (GCC) allows further outreach into the local community with a specific focus on the community of people in the harbour where the was no active church running. The site is administered by TFCT with specific giving set aside and used by GCC to fund the rental of a building as well as the salary of the site pastor.
**Prayer meetings** - held weekly, which allow people to meet with the express purpose of praying for the church, the local community and also about national & global current affairs.
**Focus** - a baby and toddler group that runs three morning sessions a week during term time at the Kings Centre building. The group, coordinated by a TFCT member of staff and a team of regular DBS-checked volunteers, often has a full register and waiting list because of its popularity. Focus provides essential support to local families, offering their young children a safe space to play together and gentle exposure to Bible stories & singing. The group gives parents an invaluable opportunity to meet together in community, find understanding, support and friendship from the Focus team and from each other.
**Kids and Youth** - meeting at least once per week, primarily at the Kings Centre, groups such as True (11-18s) and ID (11-14s) gather local young people together to socialize as well as experience collective worship, prayer and take part in age-appropriate discussions. The groups provide ideal opportunities for young people to experience the gospel and the church community, some for the first time. The Kids and Youth team take a large number of young people to Newday, a major Christian youth event held each summer. Individual church members often provide financial sponsorships to allow as many youths as possible to attend the event, take part in a conference atmosphere and explore some of life’s big questions.
**Students and 20s** - the group supports students attending the university campus in the town in addition to those who live locally. Each meeting provides a previous source of community for those who may be living away from home or starting out in employment to share the gospel and grow in faith together.
**Inspire** - meeting weekly at the Kings Centre, the group attracts older adults who experience a church gathering followed by refreshments and activities. Whilst predominantly catering to an essential part of the local population demographic, Inspire is open to all and emphasizes the importance of community and friendship in the Christian walk.
**Fusion** - a fortnightly life group open to adults who need a bit more time to learn, especially those with learning difficulties. Fusion is almost always fully subscribed, a close-knit community who enjoy a unique exposure to Christianity with the support of a passionate team of volunteers.
**Alpha** - running several times per year at the church, the well-known Alpha course offers a chance for anyone to explore the Christian faith. Following a program of nine sessions, the course has proved pivotal for many people facing the consequences of Covid, asking some of life’s big questions and taking their first steps as new Christians.
Page 4
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Achievements and performance (continued)**
## **Review of activities (continued)**
**Livestream** - launched during the start of the Coronavirus pandemic, Livestream offers the chance to experience church online for those unable to, or choosing not to, attend services in person. Sunday services are available to watch live and also via catch-up 24 hours after the meeting. An invaluable resource during times of lockdown for people to remain connected to church life, Livestream has continued to grow and has been a route by which new members have found the organisation and subsequently become part of the church family.
**Groups** - smaller settings, known as Groups, form an essential part of church life: cultivating friendships, growing in faith, exploring God’s word and sharing life together in community. Groups range from Bible reading, discipleship and prayer to badminton, bowling and boxing; allowing people to experience the Kings centre building and get a flavour of the Christian life in a more personal setting.
**Courses** - running periodically through the year at the Kings Centre, established courses include Joining the Church: digging deeper into church values, The Bereavement Journey: for those affected by loss and grief, and The Marriage Course: for couples to invest and enrich their union.
**Love Eastbourne** - set up in response to the Covid-19 crisis, the Love Eastbourne fund looks specifically at local need with 100% of all donations going to those in the local community who are struggling financially. Since its inception in March 2020, Love Eastbourne has given approximately £60,000 to support local people.
**Local organizations** - TFCT recognizes a number of local organizations to support their charitable and community work including Sanctuary Cafe: a meeting place for refugees, asylum seekers and immigrants; Bramber Bakehouse: an award winning bakery supporting women survivors of human trafficking; Beachy Head Chaplaincy: a search and rescue charity savings lives from suicide in the region; Eastbourne Street Pastors: caring for people involved the local night life; Eastbourne FoodBank: providing emergency nutritional food to those in need.
**Overseas** - the charity has strong links with a number of overseas projects including Inkosi Kids, a project in Zimbabwe to help children in the rural areas of Bulawayo to enter education; and Africa Alive, providing gospel spreading opportunities for emerging leaders across Southern Africa. As part of New Ground, the church has connection and regular contact with organizations in France, Romania, Portugal, Germany and the Netherlands.
## **Investment policy and performance**
TFCT holds minimal significant surplus funds that are not required to conduct the regular operations of the charity. A portion of cash balances are held in high-interest accounts with our bankers to maximise the efficiency of funds being held for various purposes. In these circumstances, there is no requirement for an advanced investment policy.
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 5
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Reserves policy**
The trustees review the reserves policy regularly in line with Charity Commission guidelines. TFCT trustees have considered and established a reserves policy based on an assessment of the needs of the charity’s activities. These are held in four distinct areas: long-term reserves, future projects, restricted funds and free reserves.
Long-term reserves represent those funds held specifically to safeguard TFCT in case of unforeseen financial circumstances. In light of full ownership of the Kings Centre by the charity and a high level of predictability of ongoing income and expenditure, a decision by the trustees was taken not to hold excess funds in long-term reserves. However, where ongoing activities allow, it is TFCT’s intention to steadily increase the amount of longterm reserves where possible.
Long term reserves at the end of the reporting period were £76,958 (Unchanged from Aug-24).
Future projects reserves are held in anticipation of known projects to be undertaken by TFCT. These may include income from specific gift days for special events and provisions for strategic development for the benefit of the trust.
The year-end balance in this category of reserves was £200,279 (£174,850 Aug-24). Approximately £100,000 was retained in a reserve specifically set aside for ongoing building works (~ £165,000 Aug-24) and a new reserve for “A Door of Hope” activities held around £70,000 intended to be released into missional activities during financial year 25/26.
Restricted funds represent donations received for specific activities. Where possible and financially diligent, charity policy is to expend these funds as quickly as possible to benefit the recipients.
At 31st August 2025 the balance held in restricted funds stood at £39,734 (31,992 Aug-24). The “Love Eastbourne” fund grew by approximately £5,000 and the “Inkosi / Zimbabwe” fund grew by around £4,000 – these two movements making up the majority of the difference I restricted funds during the financial year.
Free reserves are undesignated but should be sufficient to provide TFCT with the flexibility to manage change, cover increased costs and react to the increased needs of those beneficiaries who come within the bounds of the charity’s objects.
The year-end free reserves figure was £40,153 (£50,000 Aug-24). This represents an operating loss of approximately £10,000 in the financial year. The loss arose primarily from slightly lower than anticipated giving, up by around 2% year on year but slightly under budget.
## **Material investments policy**
TFCT holds minimal significant surplus funds that are not required to conduct the regular operations of the charity. A portion of cash balances are held in high-interest accounts with our bankers to maximise the efficiency of funds being held for various purposes. In these circumstances, there is no requirement for an advanced investment policy.
Page 6
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Financial risk management objectives and policies**
The trustees have overall responsibility for determining risk management policy including how risks are identified, assessed, managed, reviewed and reported. The senior management team have responsibility for implementing and maintaining systems that assist with the delivery of successful risk management, consistent with the policy set out by the trustees. A risk register is compiled and reviewed by all departments across the charity, scoring each identified risk by the likelihood of occurrence and the overall impact.
Advice is taken from church members in risk areas as well as from the charity's accountants and other professional advisers. Policies for safeguarding children and vulnerable adults are published and are implemented. Financial management systems for cash handling and the authorization of transactions are in place. Each area is subject to periodic review by comparison with best practice. Appropriate insurance is in place, via brokers competent in this field, to protect the interests of the charity, its employees and trustees.
The trustees and the senior management team regularly review progress against budgeted financial and operational plans. Management accounts are prepared every month to allow the assessment of the financial position of the charity. These are reviewed in detail alongside a summary financial report to identify potential financial risks to the charity and agree actions for their mitigation. It is recognized that the review procedure cannot provide absolute assurance against loss or material misstatements, however the trustees are of the opinion that the appropriate systems of financial risk management and control are in place within TFTC.
## **Principal funding**
Principal funding sources include:
- Regular, voluntary giving from Kings Church members,
- Income from the Trading Company,
- One-Off Gift Days, and
- Gift Aid
## **Significant events during the year**
Building works to modernize the Kings Centre continued throughout the financial year including:
• Replacement of the roof of the building, adding insulation in order to improve energy performance.
• Installation of solar panels which aim to minimise energy drawn from the local grid, reducing the carbon footprint and environmental impact of the building.
• Replacement of the exterior cladding of the building and the main entrance doors to offer more energy-efficient performance.
By the end of the financial year, building works were approximately two-thirds complete, solar panels were installed and operational and regular energy use was lower.
## **Structure, governance and management**
## **Constitution**
The Frontiers Charitable Trust is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Methods of appointment or election of Trustees**
The management of the Group and the Company is the responsibility of the Trustees who are elected and coopted under the terms of the Trust deed.
Page 7
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Structure, governance and management (continued)**
## **Organisational structure and decision-making policies**
TFCT is constituted as a company, limited by guarantee, and operates in accordance with its Memorandum and Articles of Association. The charity is covered by the Board of Trustees. Trustees may not receive any remuneration for being a trustee other than professional services provided as permitted by the Articles. In practice, trustees provide their services free of charge.
The trustees have appointed a Senior Management team, the members of which are set out in the charity’s legal and administrative information. The senior managers and their direct reports across a range of teams meet regularly to review, refine and set out the day-to-day running of the charity’s activities. Senior managers are required to report to the trustees on the progress of activities, performance against objectives and future plans.
## **Policies adopted for the induction and training of Trustees**
Trustees must accept the truth of, and hold a belief in, the Statement of Christian Faith set out in the Appendix to the Memorandum of Association and are normally invited from existing members of Kings Church. Trustees are elected by the existing Board of Trustees, appointed by majority vote and are subject to periodic retirement and reappointment by rotation.
Newly appointed trustees are subject to checks with the Disclosure and Barring Service (DBS) and are provided with a copy of TFCT’s Child Protection Policy and Practice Guidelines (revised March 2017), with which they are required to comply. Trustees are chosen for their ability to contribute to the efficient and effective management of the charity's activities, using their collective skills towards the governance of the charity. The trustees are alert to the need to expand their knowledge and skills as and when appropriate for the enhancement of their responsibilities.
None of the trustees had any beneficial interest in the company during the period.
## **Related party relationships**
KCEL, operated for the purpose of raising funds for the benefit of TFCT, through the hiring of the Kings Centre for conferences, meetings, weddings, sports and other events. The KCEL directors are Mr. S. Cox, Mr. J R Phillips, Mr. A P Stevens and Mr. O W Stevens.
## **Trustees**
Meetings are held six times a year in which reports are received, as appropriate, from trustees and/or senior management team according to their areas of specialization. Specific sub-committees focusing on ey areas such as finance, safeguarding and the building meet regularly to review charity performance in greater detail, utilizing specific trustees with specialized knowledge and skills. Minutes from meetings of sub-groups are circulated to the full board of trustees who are encouraged to familiarize themselves and pose any questions concerning anything reported at the time of the next trustees’ meeting.
## **Senior Management Team**
The senior management team comprises of Church Leaders, Church Elders and the Executive Pastor. As leaders and elders, the members of this team exercise day-to-day management of church affairs. Although primarily spiritual, their leadership role encompasses the full range of church activities and pastoral care. The trust manager oversees the efficient and effective management of the Kings Centre, its administration and financial operations.
Page 8
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Structure, governance and management (continued)**
## **Network Bodies**
TFCT is a member of the Evangelical Alliance, an association of mainstream UK Evangelical churches (www.ea.org).
TFCT is also a part of New Ground (www.newgroundchurches.org)
which has developed out of Newfrontiers Group of Churches (www.newfrontierstogether.org) Nationally, TFCT is part of over 250 UK churches involved in mission, outreach and discipling. Internationally, there are over 1,500 Newfrontiers related churches in over 80 nations throughout the world.
Active membership of these bodies provides a wide forum for the exchange of information, training and support at a national and international level. No external party, including the Evangelical Alliance and Newfrontiers, took decisions or had voting rights in the governance of TFCT.
## **Plans for future periods**
The trustees of TFCT will continue with development of the Kings Centre building. As one of the primary exhibition and conference centres in the town as well as the home of Kings Church, works being completed put emphasis on maximizing the environmental performance of the site and safeguarding its future for the years to come.
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the Company and of their incoming resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 9
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025**
## **Disclosure of information to auditors**
Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:
- so far as that Trustee is aware, there is no relevant audit information of which the charitable group's auditors are unaware, and
- that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable group's auditors are aware of that information.
## **Auditors**
The auditors, Baldwin Scofield Ltd, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees on 28 May 2026 and signed on their behalf by:
## **Ms J Williams**
(Chair of Trustees)
Page 10
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE FRONTIERS CHARITABLE TRUST**
## **Opinion**
We have audited the financial statements of The Frontiers Charitable Trust (the 'parent charitable company') and its subsidiaries (the 'group') for the year ended 31 August 2025 which comprise the Consolidated statement of financial activities, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31 August 2025 and of the Group's incoming resources and application of resources, including its income and expenditure for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
Page 11
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE FRONTIERS CHARITABLE TRUST (CONTINUED)**
## **Other information**
The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of 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 this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or
- the parent charitable company has not kept sufficient accounting records; or
- the parent charitable company financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.
Page 12
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE FRONTIERS CHARITABLE TRUST (CONTINUED)**
## **Auditors' responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charitable company and determined that the most significant are those that relate to the reporting framework in conformity with the requirements of the Companies Act 2006 and Charities Act 2011 and the relevant direct and indirect tax compliance regulations in the United Kingdom.
We understood how the charitable company is complying with those frameworks by making enquiries of management to understand how the charitable company maintains and communicates its policies and procedures in these areas and corroborated this by reviewing supporting documentation and minutes of meetings of those charged with governance.
We assessed the susceptibility of the charity’s financial statements to material misstatement, including how fraud might occur by considering the risk of management override to be a fraud risk. In addition, we considered the risk of management override by sampling from the entire population of journals, identifying specific transactions which did not meet our expectations based on specific criteria and investigated these to gain an understanding and then agree back to source documentation.
Based on this understanding we designed our audit procedures to identify noncompliance with such laws and regulations. Our procedures involved verifying that material transactions were recorded in compliance with Financial Reporting Standards in conformity with the requirements of the Companies Act 2006 and Charities Act 2011.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Page 13
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE FRONTIERS CHARITABLE TRUST (CONTINUED)**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.
## **Baldwin Scofield Ltd**
Chartered Accountants Statutory auditors 3 Newhouse Business Centre Old Crawley Road Horsham West Sussex RH12 4RU 28 May 2026
Baldwin Scofield Ltd are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page 14
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
8
**Total expenditure**
**Net (expenditure)/income**
Transfers between funds
20
**Net movement in funds before other**
**recognised gains/(losses)**
**Other recognised gains/(losses):**
Gains on revaluation of fixed assets
Other gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2025**
**£**
**81,084**
**31**
**-**
**-**
**81,115**
**-**
**126,077**
**126,077**
**(44,962)**
**66,273**
**21,311**
**-**
**-**
**21,311**
**3,508,817**
**21,311**
**3,530,128**|**Unrestricted**
**funds**
**2025**
**£**
**820,589**
**47,343**
**186,265**
**5,866**
**1,060,063**
**43,848**
**956,415**
**1,000,263**
**59,800**
**(66,273)**
**(6,473)**
**-**
**825**
**(5,648)**
**361,436**
**(5,648)**
**355,788**|**Total**
**funds**
**2025**
**£**
**901,673**
**47,374**
**186,265**
**5,866**
**1,141,178**
**43,848**
**1,082,492**
**1,126,340**
**14,838**
**-**
**14,838**
**-**
**825**
**15,663**
**3,870,253**
**15,663**
**3,885,916**|_Total_
_funds_
_2024_
_£_
_880,284_
_46,135_
_195,491_
_5,777_|
|---|---|---|---|---|
|||||_1,127,687_|
|||||_53,200_
_1,057,371_|
|||||_1,110,571_|
|||||_17,116_
_-_|
|||||_17,116_
_2,301,113_
_-_|
|||||_2,318,229_|
|||||_1,552,024_
_2,318,229_|
|||||_3,870,253_|
Page 15
## **THE FRONTIERS CHARITABLE TRUST (A company limited by guarantee) REGISTERED NUMBER: 03404789**
## **CONSOLIDATED BALANCE SHEET AS AT 31 AUGUST 2025**
|**Note**
**Fixed assets**
Tangible assets
13
**Current assets**
Stocks
15
Debtors
16
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
17
**Net current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after more
than one year
18
**Total net assets**
**Charity funds**
Restricted funds
20
Unrestricted funds
20
**Total funds**|**4,446**
**68,226**
**408,383**
**481,055**
**(177,787)**|**2025**
**£**
**4,046,654**
**303,268**
**4,349,922**
**(464,006)**
**3,885,916**
**3,530,128**
**355,788**
**3,885,916**|_5,928_
_104,345_
_444,313_
_554,586_
_(266,503)_|_2024_
_£_
_3,747,240_
_288,083_
_4,035,323_
_(165,070)_
_3,870,253_
_3,508,817_
_361,436_
_3,870,253_|
|---|---|---|---|---|
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
However, an audit is required in accordance with section 151 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
Page 16
## **THE FRONTIERS CHARITABLE TRUST (A company limited by guarantee) REGISTERED NUMBER: 03404789**
# **CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025**
The financial statements were approved and authorised for issue by the Trustees on 28 May 2026 and signed on their behalf by:
## **Ms J Williams**
(Chair of Trustees)
The notes on pages 21 to 40 form part of these financial statements.
Page 17
## **THE FRONTIERS CHARITABLE TRUST (A company limited by guarantee) REGISTERED NUMBER: 03404789**
## **COMPANY BALANCE SHEET AS AT 31 AUGUST 2025**
|**Note**
**Fixed assets**
Tangible assets
13
Investments
14
**Current assets**
Stocks
15
Debtors
16
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
17
**Net current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after more
than one year
18
**Total net assets**
**Charity funds**
Restricted funds
20
Unrestricted funds
20
**Total funds**|**2,723**
**49,290**
**393,173**
**445,186**
**(223,234)**|**2025**
**£**
**4,046,654**
**100**
**4,046,754**
**221,952**
**4,268,706**
**(464,006)**
**3,804,700**
**3,530,145**
**274,555**
**3,804,700**|_3,478_
_102,003_
_391,946_
_497,427_
_(283,752)_|_2024_
_£_
_3,747,240_
_100_
_3,747,340_
_213,675_
_3,961,015_
_(165,074)_
_3,795,941_
_3,508,817_
_287,124_
_3,795,941_|
|---|---|---|---|---|
The Company's net movement in funds for the year was _£_ 8,759 _(2024 - £2,285,813)_ .
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
However, an audit is required in accordance with section 151 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
Page 18
## **THE FRONTIERS CHARITABLE TRUST (A company limited by guarantee) REGISTERED NUMBER: 03404789**
# **COMPANY BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025**
The financial statements were approved and authorised for issue by the Trustees on 28 May 2026 and signed on their behalf by:
## **Ms J Williams**
(Chair of Trustees)
The notes on pages 21 to 40 form part of these financial statements.
Page 19
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025**
|**Cash flows from operating activities**
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
**Net cash used in investing activities**
**Cash flows from financing activities**
Cash inflows from new borrowing
**Net cash provided by financing activities**
**Change in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2025**
**£**
**59,707**
**(400,089)**
**(400,089)**
**304,452**
**304,452**
**(35,930)**
**444,313**
**408,383**|_2024_
_£_
_228,136_
_(290,975)_
**(290,975)**
_192,805_
**192,805**
**129,966**
_314,347_
_444,313_|
|---|---|---|
The notes on pages 21 to 40 form part of these financial statements
Page 20
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **1. General information**
The Frontiers Charitable Trust is a charitable company (registration number 03404789) registered in England and Wales.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Frontiers Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The Consolidated statement of financial activities (SOFA) and Consolidated balance sheet consolidate the financial statements of the Company and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis.
The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of financial activities in these financial statements.
## **2.2 Income**
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Consolidated statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Page 21
**THE FRONTIERS CHARITABLE TRUST**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **2. Accounting policies (continued)**
## **2.3 Expenditure (continued)**
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Group; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
|Freehold property|-|2% on cost|
|---|---|---|
|Fixtures and fittings|-|20% on cost|
## **2.6 Investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Consolidated statement of financial activities.
Investments in subsidiaries are valued at cost less provision for impairment.
## **2.7 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Page 22
**THE FRONTIERS CHARITABLE TRUST (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **2. Accounting policies (continued)**
## **2.8 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.9 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.10 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated statement of financial activities as a finance cost.
## **2.11 Financial instruments**
The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 23
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **3. Income from donations and legacies**
|**Donations**
Church offerings and gifts
Sundry gifts
Gift Aid - tax refunds
**Subtotal detailed disclosure**
Grants
**Donations**
Church offerings and gifts
Sundry gifts
Gift Aid - tax refunds
**Subtotal detailed disclosure**
Grants
**Subtotal**|**Restricted**
**funds**
**2025**
**£**
9,923
54,761
-
64,684
16,400
81,084
_Restricted_
_funds_
_2024_
_£_
_3,299_
_42,763_
_-_
_46,062_
_60,000_
_60,000_
_106,062_|**Unrestricted**
**funds**
**2025**
**£**
591,788
130,329
98,472
820,589
-
820,589
_Unrestricted_
_funds_
_2024_
_£_
_671,557_
_6,115_
_96,550_
_774,222_
_-_
_-_
_774,222_|**Total**
**funds**
**2025**
**£**
**601,711**
**185,090**
**98,472**|
|---|---|---|---|
||||**885,273**|
||||**16,400**|
||||**901,673**|
||||_Total_
_funds_
_2024_
_£_
_674,856_
_48,878_
_96,550_|
||||_820,284_|
||||_60,000_|
||||_60,000_|
|||||
||||_880,284_|
Page 24
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **4. Income from charitable activities**
|Kings Church - Event income
Kings Church - Church bookstall
Frontier Community Clubs - Focus
Frontier Community Clubs - Kidz and Youth Activites
Kings Church - Event income
Kings Church - Church bookstall
Frontier Community Clubs - Focus
Frontier Community Clubs - Kidz and Youth Activites|**Restricted**
**funds**
**2025**
**£**
31
-
-
-
31
_Restricted_
_funds_
_2024_
_£_
_4,178_
_-_
_-_
_-_
_4,178_|**Unrestricted**
**funds**
**2025**
**£**
31,451
1,152
3,973
10,767
47,343
_Unrestricted_
_funds_
_2024_
_£_
_37,313_
_76_
_3,615_
_953_
_41,957_|**Total**
**funds**
**2025**
**£**
**31,482**
**1,152**
**3,973**
**10,767**|
|---|---|---|---|
||||**47,374**|
||||_Total_
_funds_
_2024_
_£_
_41,491_
_76_
_3,615_
_953_|
||||_46,135_|
## **5. Income from other trading activities Income from non charitable trading activities**
|Charges to subsidiary undertaking
Sales|**Unrestricted**
**funds**
**2025**
**£**
26,662
159,603
186,265|**Total**
**funds**
**2025**
**£**
**26,662**
**159,603**|
|---|---|---|
|||**186,265**|
Page 25
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **5. Income from other trading activities (continued)**
## **Income from non charitable trading activities (continued)**
|Charges to subsidiary undertaking
Sales|_Unrestricted_
_funds_
_2024_
_£_
_22,477_
_173,014_
_195,491_|_Total_
_funds_
_2024_
_£_
_22,477_
_173,014_|
|---|---|---|
|||_195,491_|
## **6. Investment income**
|**Unrestricted**
**funds**
**2025**
**£**
Deposit account interest
5,866
_Restricted_
_funds_
_2024_
_Unrestricted_
_funds_
_2024_
_£_
_£_
Deposit account interest
_106_
_5,671_|**Total**
**funds**
**2025**
**£**
**5,866**|
|---|---|
||_Total_
_funds_
_2024_
_£_
_5,777_|
## **7. Grant funding of activities**
||**Grants to**|**Grants to**|**Total**|
|---|---|---|---|
||**Institutions**|**Individuals**|**funds**|
||**2025**|**2025**|**2025**|
||**£**|**£**|**£**|
|Kings Church|62,202|7,547|**69,749**|
Page 26
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **7. Grant funding of activities (continued)**
|_Grants to_
_Institutions_
_2024_
_Grants to_
_Individuals_
_2024_
_£_
_£_
Kings Church
_77,259_
_7,914_
The Group has made the following material grants to institutions during the year:|_Total_
_funds_
_2024_
_£_
_85,173_|
|---|---|
|||
|**Name of institution**
Support for other charities
Supporting Churches in Zimbabwe
Newfrontiers
Local charities
Love Eastbourne
Apostolic Mission|**2025**
**£**
**2,518**
**46,499**
**6,100**
**2,642**
**4,443**
**-**
**62,202**
**62,202**|_2024_
_£_
_6,800_
_46,126_
_7,100_
_1,075_
_5,989_
_10,169_|
|---|---|---|
|||_77,259_|
||||
|||_77,259_|
## **8. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Kings Church
Frontier Community Clubs|**Restricted**
**funds**
**2025**
**£**
126,077
-
126,077|**Unrestricted**
**funds**
**2025**
**£**
939,014
17,401
956,415|**Total**
**2025**
**£**
**1,065,091**
**17,401**|
|---|---|---|---|
||||**1,082,492**|
Page 27
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **8. Analysis of expenditure on charitable activities (continued)**
## **Summary by fund type (continued)**
|Kings Church
Frontier Community Clubs|_Restricted_
_funds_
_2024_
_£_
_106,641_
_-_
_106,641_|_Unrestricted_
_funds_
_2024_
_£_
_942,235_
_8,495_
_950,730_|_Total_
_2024_
_£_
_1,048,876_
_8,495_|
|---|---|---|---|
||||_1,057,371_|
## **9. Analysis of expenditure by activities**
|Kings Church
Frontier Community Clubs
Kings Church
Frontier Community Clubs|**Activities**
**undertaken**
**directly**
**2025**
**£**
89,957
17,401
107,358
_Activities_
_undertaken_
_directly_
_2024_
_£_
_73,712_
_8,495_
_82,207_|**Grant**
**funding of**
**activities**
**2025**
**£**
69,749
-
69,749
_Grant_
_funding of_
_activities_
_2024_
_£_
_85,173_
_-_
_85,173_|**Support**
**costs**
**2025**
**£**
905,385
-
905,385
_Support_
_costs_
_2024_
_£_
_889,991_
_-_
_889,991_|**Total**
**funds**
**2025**
**£**
**1,065,091**
**17,401**|
|---|---|---|---|---|
|||||**1,082,492**|
|||||_Total_
_funds_
_2024_
_£_
_1,048,876_
_8,495_|
|||||_1,057,371_|
Page 28
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **9. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Activity Groups
Bookstall
Focus Costs
Kidz and Youth Activities|**Kings**
**Church**
**2025**
**£**
89,363
594
-
-
89,957|**Frontier**
**Community**
**Clubs**
**2025**
**£**
-
-
2,110
15,291
17,401|**Total**
**funds**
**2025**
**£**
**89,363**
**594**
**2,110**
**15,291**|
|---|---|---|---|
||||**107,358**|
|Activity Groups
Bookstall
Focus Costs
Kidz and Youth Activities|_Kings_
_Church_
_2024_
_£_
_73,533_
_179_
_-_
_-_
_73,712_|_Frontier_
_Community_
_Clubs_
_2024_
_£_
_-_
_-_
_1,720_
_6,775_
_8,495_|_Total_
_funds_
_2024_
_£_
_73,533_
_179_
_1,720_
_6,775_|
|---|---|---|---|
||||_82,207_|
Page 29
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **9. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Staff costs
Bank charges
Books and Equipment
Cleaning and household
Depreciation of tangible fixed assets
External audit fee
Insurance
Trustee compliance costs
Travel costs
Legal and professional fees
Telephone
Light and heat
Maintenance and repairs
Rates and water
Building rent
Office costs
**Auditors' remuneration**
Fees payable to the Company's auditor for the audit of the Company's
annual accounts|**Total**
**funds**
**2025**
**£**
**590,443**
**27,704**
**(1,200)**
**32,776**
**100,675**
**9,007**
**17,236**
**10,203**
**381**
**2,848**
**4,934**
**38,823**
**26,689**
**26,786**
**7,128**
**10,952**
**905,385**
**2025**
**£**
**6,300**|_Total_
_funds_
_2024_
_£_
_570,339_
_3,990_
_896_
_34,105_
_76,195_
_10,703_
_15,541_
_10,344_
_254_
_7,702_
_5,142_
_78,122_
_30,482_
_21,365_
_9,340_
_15,471_|
|---|---|---|
|||_889,991_|
|||_2024_
_£_
_6,000_|
**10. Auditors' remuneration**
Page 30
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **11. Staff costs**
|Wages and salaries|**Group**
**2025**
**£**
**607,282**
**607,282**|_Group_
_2024_
_£_
_589,340_
_589,340_|**Company**
**2025**
**£**
**590,443**
**590,443**|_Company_
_2024_
_£_
_570,339_|
|---|---|---|---|---|
|||||_570,339_|
The average number of persons employed by the Company during the year was as follows:
|Direct charitable
Administrative|**Group**
**2025**
**No.**
**25**
**9**
**34**|_Group_
_2024_
_No._
_24_
_9_
_33_|**Company**
**2025**
**No.**
**25**
**9**
**34**|_Company_
_2024_
_No._
_24_
_9_|
|---|---|---|---|---|
||||||
|||||_33_|
No employee received remuneration amounting to more than £60,000 in either year.
## **12. Trustees' remuneration and expenses**
During the year, none of the Trustees has been paid remuneration or has received other benefits from an employment with the Company.
During the year ended 31 August 2025, expenses totalling _£_ 328 were reimbursed or paid directly to 1 Trustee _(2024 - £NIL to Trustee)_ .
Page 31
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **13. Tangible fixed assets**
## **Group**
|**Cost or valuation**
At 1 September 2024
Additions
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the year
At 31 August 2025
**Net book value**
At 31 August 2025
_At 31 August 2024_|**Freehold**
**property**
**£**
**4,678,808**
**391,130**
**5,069,938**
**985,647**
**68,136**
**1,053,783**
**4,016,155**
_3,693,161_|**Fixtures and**
**fittings**
**£**
**605,690**
**8,959**
**614,649**
**551,611**
**32,539**
**584,150**
**30,499**
_54,079_|**Total**
**£**
**5,284,498**
**400,089**|
|---|---|---|---|
||||**5,684,587**|
||||**1,537,258**
**100,675**|
||||**1,637,933**|
||||**4,046,654**|
||||_3,747,240_|
Page 32
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **13. Tangible fixed assets (continued)**
## **Company**
|**Cost or valuation**
At 1 September 2024
Additions
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the year
At 31 August 2025
**Net book value**
At 31 August 2025
_At 31 August 2024_
**14.**
**Fixed asset investments**
**Company**
**Cost or valuation**
At 1 September 2024
At 31 August 2025
**Net book value**
At 31 August 2025
_At 31 August 2024_|**Freehold**
**property**
**£**
**4,678,808**
**391,130**
**5,069,938**
**985,647**
**68,136**
**1,053,783**
**4,016,155**
_3,693,161_|**Fixtures and**
**fittings**
**£**
**593,366**
**8,959**
**602,325**
**539,287**
**32,539**
**571,826**
**30,499**
_54,079_|**Total**
**£**
**5,272,174**
**400,089**|
|---|---|---|---|
||||**5,672,263**|
||||**1,524,934**
**100,675**|
||||**1,625,609**|
||||**4,046,654**|
||||_3,747,240_|
||||**Investments**
**in**
**subsidiary**
**companies**
**£**
**100**|
||||**100**|
||||**100**|
||||_100_|
Page 33
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **Principal subsidiaries**
The following was a subsidiary undertaking of the Company:
||**Name**|**Company**|**Class of**
**Holding**
**Included in**|**Class of**
**Holding**
**Included in**|**Class of**
**Holding**
**Included in**|
|---|---|---|---|---|---|
|||**number**|**shares**|**consolidation**||
||Kings Centre (Eastbourne) Ltd (KCEL)|05049241|Ordinary|100% Yes||
||The financial results of the subsidiary for the year were:|||||
||**Name**||**Income**
**Expenditure**||**Net assets**|
||||**£**|**£**|**£**|
||Kings Centre (Eastbourne) Ltd (KCEL)||**173,014**|**173,014**|**41,992**|
|**15.**|**Stocks**|||||
|||**Group**|_Group_|**Company**|_Company_|
|||**2025**|_2024_|**2025**|_2024_|
|||**£**|_£_|**£**|_£_|
||Finished goods|**4,446**|_5,928_|**2,723**|_3,478_|
|**16.**|**Debtors**|||||
|||**Group**|_Group_|**Company**|_Company_|
|||**2025**|_2024_|**2025**|_2024_|
|||**£**|_£_|**£**|_£_|
||**Due within one year**|||||
||Trade debtors|**41,145**|_8,737_|**22,225**|_20,125_|
||Other debtors|**18,826**|_88,870_|**18,810**|_75,140_|
||Prepayments and accrued income|**8,255**|_6,738_|**8,255**|_6,738_|
|||**68,226**|_104,345_|**49,290**|_102,003_|
## **17. Creditors: Amounts falling due within one year**
||**Group**|_Group_|**Company**|_Company_|
|---|---|---|---|---|
||**2025**|_2024_|**2025**|_2024_|
||**£**|_£_|**£**|_£_|
|Bank loans and overdrafts|**72,901**|_67,385_|**72,901**|_67,385_|
|Trade creditors|**77,926**|_107,843_|**88,782**|_107,843_|
|Other creditors|**26,960**|_84,733_|**22,226**|_69,566_|
|Accruals and deferred income|**-**|_6,542_|**39,325**|_38,958_|
Page 34
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **17. Creditors: Amounts falling due within one year (continued)**
|**Group**
**2025**
**£**
**177,787**
**18.**
**Creditors: Amounts falling due after more than one year**
**Group**
**2025**
**£**
Bank loans
**464,006**
Included within the above are amounts falling due as follows:
**Group**
**2025**
**£**
**Between one and two years**
Bank loans
**40,753**
**Between two and five years**
Bank loans
**16,203**
**Over five years**
Bank loans
**407,050**|_Group_
_2024_
_£_
_266,503_
_Group_
_2024_
_£_
_165,070_
_Group_
_2024_
_£_
_14,484_
_16,668_
_133,918_|**Company**
**2025**
**£**
**223,234**
**Company**
**2025**
**£**
**464,006**
**Company**
**2025**
**£**
**40,753**
**16,203**
**407,050**|_Company_
_2024_
_£_|
|---|---|---|---|
||||_283,752_|
||||_Company_
_2024_
_£_
_165,070_
_Company_
_2024_
_£_
_14,484_
_16,668_
_133,918_|
The mortgage loans as set out above are secured on the freehold property of the charity at 37 Edison Road, Eastbourne, BN23 6PT.
## **19. Financial instruments**
||**Group**|_Group_|**Company**|_Company_|
|---|---|---|---|---|
||**2025**|_2024_|**2025**|_2024_|
||**£**|_£_|**£**|_£_|
|**Financial assets**|||||
|Financial assets measured at fair value|||||
|through income and expenditure|**408,383**|_444,313_|**393,173**|_391,946_|
Financial assets measured at fair value through income and expenditure comprise bank balances.
Page 35
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **20. Statement of funds**
## **Statement of funds - current year**
|
**Unrestricted**
**funds**
**Designated**
**funds**
Strategic
Development
**General funds**
Kings Church
Fund
Special Events
Fund
Reserves
**Total**
**Unrestricted**
**funds**
**Restricted**
**funds**
Building Fund
Restricted
Reserve Fund
**Total of funds**|**Balance at 1**
**September**
**2024**
**£**
**200**
**317,364**
**1,980**
**41,892**
**361,236**
**361,436**
**3,476,825**
**31,992**
**3,508,817**
**3,870,253**|**Income**
**£**
**11,932**
**849,588**
**38,940**
**159,603**
**1,048,131**
**1,060,063**
**16,432**
**64,683**
**81,115**
**1,141,178**|**Expenditure**
**£**
**(2,010)**
**(793,049)**
**(45,600)**
**(159,604)**
**(998,253)**
**(1,000,263)**
**(68,136)**
**(57,941)**
**(126,077)**
**(1,126,340)**|**Transfers**
**in/out**
**£**
**768**
**(73,369)**
**6,328**
**-**
**(67,041)**
**(66,273)**
**65,273**
**1,000**
**66,273**
**-**|**Gains/**
**(Losses)**
**£**
**-**
**825**
**-**
**-**
**825**
**825**
**-**
**-**
**-**
**825**|**Balance at**
**31 August**
**2025**
**£**
**10,890**|
|---|---|---|---|---|---|---|
|||||||**301,359**
**1,648**
**41,891**|
|||||||**344,898**|
|||||||**355,788**|
|||||||**3,490,394**
**39,734**|
|||||||**3,530,128**|
|||||||**3,885,916**|
Page 36
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **20. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted**
**funds**
**Designated**
**funds**
Strategic
Development
**General funds**
Kings Church
Fund
Special Events
Fund
Reserves
**Total**
**Unrestricted**
**funds**
**Restricted**
**funds**
Building Fund
Restricted
Reserve Fund
**Total of funds**|_Balance at_
_1 September_
_2023_
_£_
_-_
_305,713_
_840_
_41,892_
_348,445_
_348,445_
_1,158,887_
_44,692_
_1,203,579_
_1,552,024_|_Income_
_£_
_1,300_
_818,768_
_24,259_
_173,014_
_1,016,041_
_1,017,341_
_60,000_
_50,346_
_110,346_
_1,127,687_|_Expenditure_
_£_
_(1,100)_
_(802,308)_
_(27,508)_
_(173,014)_
_(1,002,830)_
_(1,003,930)_
_(43,595)_
_(63,046)_
_(106,641)_
_(1,110,571)_|_Transfers_
_in/out_
_£_
_-_
_(4,809)_
_4,389_
_-_
_(420)_
_(420)_
_420_
_-_
_420_
_-_|_Gains/_
_(Losses)_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_2,301,113_
_-_
_2,301,113_
_2,301,113_|_Balance at_
_31 August_
_2024_
_£_
_200_|
|---|---|---|---|---|---|---|
|||||||_317,364_
_1,980_
_41,892_|
|||||||_361,236_|
|||||||_361,436_|
|||||||_3,476,825_
_31,992_|
|||||||_3,508,817_|
|||||||_3,870,253_|
Page 37
**THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **20. Statement of funds (continued)**
The nature and purpose of each fund are as follows:
## **Restricted Funds**
The restricted funds are to be used for specific purposes and laid down by the donor. Expenditure that meets
these criteria is charged to the fund together with the appropriate management and support costs.
## _**a) Building Fund**_
This relates to monies specifically given or set aside to fund the acquisition of the whole building known as The
Kings Centre, 27 Edison Road, Eastbourne and the refurbishment and development to date of the building.
## b _**) Special Events Fund**_
Various church activity special events take place during the year within Kings Centre, held under the umbrella of
the Special Events Fund, with the intention of them also generating funds or at least being self financing. This
can include social, educational, sporting and youth events, or various other community activities.
## **Designated Funds (Unrestricted)**
The designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## _**a) Giving Fund**_
This relates to monies specifically set aside by Kings Church and given away to other charities, Christian organisations and to those in need.
## _**b) Strategic Development Fund**_
This relates to monies specifically set aside by Kings Church for strategic projects.
## **21. Summary of funds**
## **Summary of funds - current year**
|Designated
funds
General funds
Restricted
funds|**Balance at 1**
**September**
**2024**
**£**
**200**
**361,236**
**3,508,817**
**3,870,253**|**Income**
**£**
**11,932**
**1,048,131**
**81,115**
**1,141,178**|**Expenditure**
**£**
**(2,010)**
**(998,253)**
**(126,077)**
**(1,126,340)**|**Transfers**
**in/out**
**£**
**768**
**(67,041)**
**66,273**
**-**|**Gains/**
**(Losses)**
**£**
**-**
**825**
**-**
**825**|**Balance at**
**31 August**
**2025**
**£**
**10,890**
**344,898**
**3,530,128**|
|---|---|---|---|---|---|---|
|||||||**3,885,916**|
Page 38
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **21. Summary of funds (continued)**
## **Summary of funds - prior year**
|Designated
funds
General funds
Restricted
funds|_Balance at_
_1 September_
_2023_
_£_
_-_
_348,445_
_1,203,579_
_1,552,024_|_Income_
_£_
_1,300_
_1,016,041_
_110,346_
_1,127,687_|_Expenditure_
_£_
_(1,100)_
_(1,002,830)_
_(106,641)_
_(1,110,571)_|_Transfers_
_in/out_
_£_
_-_
_(420)_
_420_
_-_|_Gains/_
_(Losses)_
_£_
_-_
_-_
_2,301,113_
_2,301,113_|_Balance at_
_31 August_
_2024_
_£_
_200_
_361,236_
_3,508,817_|
|---|---|---|---|---|---|---|
|||||||_3,870,253_|
## **22. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
3,530,128
516,526
-
481,055
-
(177,787)
-
(464,006)
3,530,128
355,788|**Total**
**funds**
**2025**
**£**
**4,046,654**
**481,055**
**(177,787)**
**(464,006)**
**3,885,916**|
|---|---|---|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
**Total**|_Restricted_
_funds_
_2024_
_£_
_3,476,825_
_31,992_
_-_
_-_
_3,508,817_|_Unrestricted_
_funds_
_2024_
_£_
_270,415_
_522,594_
_(266,503)_
_(165,070)_
_361,436_|_Total_
_funds_
_2024_
_£_
_3,747,240_
_554,586_
_(266,503)_
_(165,070)_
_3,870,253_|
|---|---|---|---|
Page 39
## **THE FRONTIERS CHARITABLE TRUST**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
## **23. Reconciliation of net movement in funds to net cash flow from operating activities**
|Net income for the year (as per Statement of Financial Activities)
**Adjustments for:**
Depreciation charges
Other gains
Decrease in stocks
Decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by operating activities**
**24.**
**Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**
**25.**
**Analysis of changes in net debt**
**At 1**
**September**
**2024**
**£**
Cash at bank and in hand
**444,313**
Debt due within 1 year
**(67,385)**
Debt due after 1 year
**(165,070)**
**211,858**||**Group**
_Group_
**2025**
_2024_
**£**
_£_
**14,838**
_17,116_
**100,675**
_76,195_
**825**
_-_
**1,482**
_507_
**36,119**
_55,013_
**(94,232)**
_79,305_
**59,707**
_228,136_
**Group**
_Group_
**2025**
_2024_
**£**
_£_
**408,383**
_444,313_
**408,383**
_444,313_
**Cash flows**
**At 31**
**August 2025**
**£**
**£**
**(35,930)**
**408,383**
**(5,516)**
**(72,901)**
**(298,936)**
**(464,006)**
**(340,382)**
**(128,524)**|_Group_
_2024_
_£_
_17,116_|
|---|---|---|---|
||||_76,195_
_-_
_507_
_55,013_
_79,305_|
|||||
||||_228,136_|
||||_Group_
_2024_
_£_
_444,313_|
|||||
||||_444,313_|
|||||
Page 40