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← Basingstoke Community Churches

2025-03-31-accounts

BASINGSTOKE COMMUNITY CHURCHES

Hub Community Church Hope Community Church Life Spring Community Church Tadley Community Church

ANNUAL REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

CONTENTS

Page
Trustees, Advisors and Charity Information 2
Trustees' Report 3-11
Independent Examiner’s Report 12-13
Statement of Financial Activities 14
Balance Sheet 15-16
Statement of Cash Flows 17
Notes to the Financial Statements 18-27

Page 1

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES AND ADVISORS

Trustees / directors

The Trustees / directors during the year and to date of report were as follows: Gary Bastin David Butler Jonathan George Andrew Taylor Philip Wraight Joy Wake (appointed 17 October 2024) Ben Oliver (resigned 31 March 2025) Asher Stanford (resigned 4 September 2024) Company Secretary Mark Nash Advisors Bankers Barclays Bank plc 8 Market Place Basingstoke Hampshire RG21 7QA Independent Examiner Andrew Skilton Brewers Chartered Accountants 3 Birtley Courtyard Birtley Road Bramley Surrey GU5 0LA Registered Office The Sarum Hill Centre Sarum Hill Basingstoke Hampshire RG21 8SR Company limited by guarantee number 03476768 Registered Charity Number 1067316

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

The Trustees, who are directors of the Charity for the purposes of company law, present their report and the financial statements for the year ended 31 March 2025. Details of Trustees and the Churches’ advisors are set out on page 2.

Constitution and Objects

Basingstoke Community Churches is a Charity, constituted as a company limited by guarantee, and governed by its Memorandum and Articles of Association.

The Churches meet in local congregations which have been given local autonomy whilst continuing to work closely together as a family of churches.

The objects of the Charity are:

The Trustees delegate the management of the Charity to the local Core Team and the elders of the Basingstoke Community Churches. Some of the Trustees are also elders of the local churches. The Trustees are appointed by ordinary resolution at a general meeting by the members of the Charity, most of whom are also elders in the churches.

Structure and organisation

Basingstoke Community Churches is made up of four local churches in the area, each of which is governed by a team of elders, assisted by an administrator and a treasurer. The local churches develop their own local expression and involvement in the community whilst retaining the overall values and ethos of the whole.

There is a core team made up of the main leaders of each of the four churches along with some other leaders who have a ministry across all the churches – this team oversees corporate strategy and values. The Trustees have legal responsibility for the activities of all the churches. The core team and Trustees are served by a team caring for the buildings and a central finance and administration team.

Induction and Training of Trustees

Trustees are carefully selected for their suitability. Once appointed, they undertake an induction programme in order to fully familiarise them with the workings of the Charity.

Activities and Achievements

This year feels like it has ended well. Challenges from the beginning of the year have been faced and trajectories seem to be heading in the right direction! For example, all four churches were looking at deficit budgets, which after consultation with trustees were acceptable because they were manageable and diminishing. But it is likely that, with some wonderful provision, and some excellent work by Mark Nash with our reserves and short term investments, the churches will actually break even or close to by end of year. This is very encouraging, although still needs monitoring. Hub particularly faced a challenging period with all it has walked through, and after a financial review it faced the reality of needing to change staffing levels. The biggest change was with Andy Wright stepping out of his leadership position, having concluded his time in that role had come to an end. It was with sadness we accepted Andy’s resignation, whilst recognising it reduced

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

the need to make anyone redundant in Hub. Andy remains a friend and we look to see what God does with him, albeit from a distance as he now journeys with the Anglican church in town. Phil Norris stepped into leading the Hub team for 6-9 months helping the team and church review vision, reflect on the past, move ahead into new opportunities, deepen the sense of team, confirm some previous decisions re land and location, and define team roles and responsibilities. From September it felt like the church really started to move forward and that has continued through the remainder of the year.

We had a second celebration as CCC in September 24, this time based in Tadley. Community Church Tadley hosted us so well, and it was a blessing for them to see the place buzzing with people and excitement. Phil spoke on this occasion, focused on Growth and Impact and illustrating with stories form eth different churches. Feedback on these gatherings remains good.

We also had the leadership teams together for an annual time of sharing in January 25. We heard from each team, prayed and prophesied for each church. It was a very encouraging time together.

Just before the end of the financial year contracts were exchanged on a piece of freehold land in Winklebury, which the Hub are looking to build on. This is already a long-term project and there is some way to go, but this was a special moment – a moment which again Mark Nash has been key in, supported by an array of other protagonists, including Owen Bolt, Malcolm Murray and other members of the Hub leadership team. Graham Richards, a long term friend and previous member of the church, is the architect and has been so helpful.

At the same time the Trinity Methodist building has become available. This would provide a significant resource to the town and is right next door to our SHC. We are praying about our response and whether we also pursue this opportunity.

The core team continue to provide a place of mutual support, and consider the six areas of:

Prayer & life of the Spirit: To exist as a team in a culture of prayer and to cultivate that in and through our interactions with the Churches. Within this to have an expectation for Spirit inspiration, activity and power in seeing the gospel demonstrated in word and power.

Strengthen: The team will seek to stand alongside church leadership teams, sharing their concerns, being with them, encouraging them in their missional path and bringing a healthy sense of accountability & inspiration

Leadership development: The team will work with the local church in helping them consider the training and development of their people, especially leaders. At times it will participate in their training and will work with the local team in the appointment of key positions.

Unity/togetherness: The team will consider what togetherness looks like for CCCs, and how that togetherness can benefit the growth of the Kingdom, the thriving of each Church and of CCC as a whole. It will also seek to affirm and encourage unity in the wider geographic networks, both within and outside of Forge

Mission: In addition to encouraging the churches in mission the team will consider new areas in which BCCs together might ‘do mission,’ and will work with the local churches to determine responses.

Frameworks: The team will consider the theological, biblical and practical framework within which CCC will seek to operate.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

A couple of developments in this are firstly, the first prophetic training that has taken place for some time. Nick & Diane Scott from New Zealand were over and spent some time with prophetic folks in Basingstoke, as well as inviting folks from the Forge network to a day together. Nick brought us in CCC a prophetic word which we are praying in to; I see a frame with four photos showing four good memories of times gone past. I see The frame thrown to the ground smashing and then a new story begins and I see a frame of 5 photos, a new story to be told. After going back to Nick for more input: They appeared to be 5 Churches. They were in the shape of a 5 on a dice with one a central hub. Whereas the 4 original photos were still photos these 5 frames had pictures that were 3D. The pictures looked different when you looked from different angles. They were hard to take your eye off. A sense of more than a restorative work by God, rather a new work that fulfilled the earlier aspirations of the churches. The central hub Church was really interesting, almost seeming to be radiating light to the other 4 Churches.

Secondly, the core team is adjusting its on-going input into the church leadership teams, introducing a light touch annual appraisal with a six month follow up. The aim is to make these regular interactions more meaningful.

Core team members and many in the leadership teams and churches have participated in Forge training and events over the last year. This included the first Forge camp at Ashburnham, training in walking with recovering addicts, retreat with Sarah & Paul Williams, and a leader’s day with Krish Kandiah (in Basingstoke).

There has been rich input and a sense of good trajectories, some of which you will read more fully in the individual church reports. It feels as if we are perhaps coming into the hoped for fruitfulness anticipated after the 2017 review. Maybe that is the case – we will see – but either way it seems like Spring is in the air and seeds of fruitfulness being seen.

Basingstoke Community Churches Review

Hope Community Church

The last year has seen the church grow numerically, which we are very grateful to God for. The congregation has become more diverse, with over 15 different nationalities represented. In all we do, we aim to bring hope to the people of Basingstoke and offer a positive experience of Christianity.

Here are some highlights:

We ran ‘Easter Alive!’ again, an all-age event explaining the Christian message of Easter. This was popular and attracted over 200 guests from the community.

The Alpha Course (which started after Easter) continued to be a great way for people to investigate the Christian faith. We had a regular attendance of 20 guests, and some came to faith and joined the church.

Our annual Blazing Light Party and Christmas events saw over 600 people come along from the community. One person had been in town with their children and paid to meet Santa, then came to our Live Nativity event. They said that our event was far better than meeting Santa!

We continue to run midweek Connect Groups as well as specific events for men and women. We also provide two groups for the elderly, retired, and those not in work.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

Our Family Worker continues to lead our children’s work (Hope Kids) and our weekly parent and toddler group (Bouncing Beans). Both these have seen a steady increase in attendance. She has also made good connections with non-church support agencies such as Home Start and Flutterbyes, both of which use our building to meet in.

Our Youth Pastor continues to support our young people with weekly evening and Sunday gatherings. He works closely with the other youth pastors across the town (leading town wide youth ‘B:United’ events) as well as youth leaders in our wider network. He completed a Lvl4 Therapeutic Counselling Course and is now working part time in a local School.

Our Associate Pastor has developed work with the men, midweek groups, pastoral care and Bible teaching/equipping.

Our Church Leader has been invited into more local schools to take assemblies with a Christian theme.

Our ‘English Café’ continues to serve many international people, including some asylum seekers.

Our building is also used for Money lifeline (debt advice), a Nepali club, and weekly Foodbank, which is one of the busiest in town.

With all these activities and growth, our expanded leadership team has helped to carry the load.

We have had a good year, for which we are very grateful to God for. We are blessed to have lots of people in the church, who continually give and serve, so that we can achieve all we do!

Lifespring Community Church

Over the year we have continued to gain momentum and gather on Sundays as our consistent meeting at St. Luke’s Hall. Numbers have gone up over the previous years to where we are more like 50+ or – most Sundays rather than 35 or 45. Now you can tell when it’s smaller than normal and a gathering that is larger doesn’t feel to big of a deal. During this time, we have looked at the book of Isaiah (not in depth), the book of Mark where we spent much time along with a dive into the book of Jonah. We tend to do a breakfast for our imPORTant Sundays where we hope to have people who are further afield join in, at times we have had key people who are connected but rarely make it be with us for these occasions.

Throughout this year we have continued our online presence whether that be a housegroup which meets on Zoom, an online discipleship group and increased usage of WhatsApp group and consistent Facebook posting too.

There have a been wonderful gatherings at the Agreda’s house which included an Alpha starting in February 2024. There were three from that group who were baptised in the sept, what a glorious occasion that was in Whitchurch. The Alpha then morphed into Around the Table/Upper Room. Around the Table is a group that has met to do Bible study and be an open space for conversation about faith, while Upper Room which met in Nic’s flat did a deeper dive into the book of Acts for people who were interested in an intense Bible study. These were lively gatherings drawing in many people from both in and out of the church.

An area of the church that doesn’t get seen very much is the momentum with the youth. Most of the kids in the church have or will be reaching the tween/teen age range and there has been a few who have travelled into Basingstoke for youth group. We have also had youth work on a Sunday

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

led by Merv and Gill along with consistent children’s work too. We look forward to seeing what else transpires with this growing and important group of people.

Our parent/toddler group meets on Thursdays at a local hall; this usually has between 8-15 little ones and plenty of connection with adults. JoyZone which runs with Churches Together is hosted at the St. Luke’s Hall and often gets around 20-30 kids coming to hear the gospel.

An encouraging piece of the church has been the finances. Over the last couple of years those have been stronger and we were able to not only make budget but exceed our expectation. As a result, we’ve upped our budget once again which has been encouraging.

Our connections with local churches, CCCs and Forge continue to grow which has been wonderful. We’ve had worship leaders and speakers involved at Whitchurch Baptist, helping them how we can. A really high point was the Forge Camp which happened, many of our people were able to attend those days, Richard Oram project managed the camp, so it was great to have one of our people intricately involved in the camp. Our relationship with Kakeeka Church in Kampala continues to stay strong, we’ve been in much convo/prayer and support for Annie Crowe as she has gone through and recovering from a nasty fall and injuries.

Nothing has changed in that we want to continue living out our statement of ‘Rooted in Jesus, Making Him Known’. This is key, what we do and how we do it filters through this statement. We want to keep on learning and growing through study of the Word, worship, working together, taking advantage of mission opportunities and stepping out in faith.

Hub Community Church

During the past financial year Hub Community Church has continued to meet at the London Street URC on Sunday afternoons. There have also been several smaller groups meeting during the week based around Bible study, prayer, relationship building and mutual support plus groups that seek to implement our vision to serve those in our local community.

At our Sunday gatherings we have worshipped together, studied God’s word together and enjoyed unhurried times of simply “being church” around tables with a cup of tea and, often, a piece of cake. We have had regular brunches on Sunday mornings where we have eaten together and encouraged one another to tell the stories of our lives.

As part of our vision to introduce people to Jesus, we have started taking the church out into the street one Sunday afternoon per month. This hasn’t just led to conversations with many people (many of whom have received prayer or have written out prayer requests); it has also encouraged the members of HCC to be more outward looking. These Sundays are generally met with a lot of enthusiasm.

Despite the departure of some families in 2024, the children’s and youth work continues to be a blessing. They are growing in their faith, some have been baptised in the past year, and they openly talk to their friends about their faith and Jesus. They invite their friends to both their midweek groups and our Sunday services. There is a great feel and atmosphere when they meet and genuine friendships are being made. We have especially encouraged our youth to get more involved in church life. Several are now involved in the worship ministry; some are on the welcome team and many help to set up or pack away for our Sunday brunches. Two of our older youths are part of our Wider Leadership Team. HCC continues to support our young people who are at university.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

International connections continue to develop, particularly into India where about 4 churches are now connected with us. Two teams visited India in 2024 and we are planning two more trips in 2025. These trips involve encouraging church leaders, meeting with churches, and helping them to operate and expand their influence as they seek to spread the good news of Jesus and be a blessing to their communities. As well as India, HCC also has connections - and provides various types of support - to ministries in Nepal, Uganda and Brazil

We've been actively working to engage more members of our church community in contributing to our gatherings, both by delivering meaningful content and creating a warm, welcoming environment. This has also extended to engaging with those who happen to pass by, inviting them to join and experience our fellowship.

We have remained dedicated to aiding asylum seekers who are housed in local hotels. As they are quickly moved on to other locations, this is normally limited to the provision of clothing for them. We are also keen to minister to the refugees and people from diverse cultures in Basingstoke, helping to meet their material needs, support their English language development, and provide opportunities for them to build connections within a welcoming community. We have also been deepening our relationship with those from Hong Kong who have settled in Basingstoke. Many of these have joined us for special events and we recently started an Alpha course in Cantonese which has 9 participants. Our heart for mission in all of this is to extend kindness and support to those who are new among us in the hope that they may discover the love and truth of Jesus

The challenges with church finances came to a point where we had to make some tough decisions. The church could no longer sustain its level of paid staff and, in light of this, a Financial Review Team was asked to conduct a review in March and April of 2024. The results of this review led to a reorganisation of the Hub leadership team and Andy Wright stepped down from his role as Team Leader.

As you will already be aware of, we have now exchanged contracts on the land at Ashwood Way and will be submitting our planning application for our new missional home. This is a huge victory after several years of hard work. A building team has been formed to take this project forward and we look forward to seeing God at work as we move forward into our vision to bless the people of Winklebury and the surrounding areas.

Whilst we wait for this to happen, we continue to sow into our vision to be a welcoming, diverse church family, introducing people to Jesus and seeing lives transformed.

Tadley Community Church

CCT serves the town of Tadley and the surrounding villages north of Basingstoke. We are an evangelical church for people of all ages - from children and young people to seniors - and we arrange events, gatherings and support for the local community.

We meet together on Sundays at the Tadley Community Centre, and throughout the week we gather in small groups in various locations across Tadley.

Working collaboratively with Churches Together Around Tadley and the local town council, we seek to contribute to the spiritual, social, and physical wellbeing of our community, inspired and enabled by the life and teaching of Jesus.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

Growing in Faith, Discipleship and Community Impact:

Our work in local schools—led by our full-time Children and Youth Community Pastor—is now wellestablished across all four primary schools and the secondary school in the area.

Through our partnerships with Transforming Lives for Good and Kintsugi Hope, we support children’s wellbeing through one-to-one and group mentoring sessions, as well as dedicated reading support. The number of volunteers and children supported has grown once again, and the programme is highly valued by school leadership teams, parents, and pupils.

In February 2025, we led a two-week “Love Our Schools” initiative, providing breakfast and afternoon tea for all school staff as an expression of appreciation for their work.

Beyond school settings, we support children and young people through our annual Children’s Summer Holiday Club, the Blazing Light Party in October, and our weekly Friday Night Youth Club.

Demand for support through the local Foodbank and our Lunch Club for the elderly continues to increase. Through our leadership of the Tadley Wellbeing Forum, we are also helping to develop new ways to build a more connected and compassionate community.

We are seeing increasing confidence and skill in sharing the good news of Jesus as we continue the two-year Emmaus Journey course with Share Jesus International.

Our Anna Chaplaincy team has now completed training and begun ministering among elderly members of the community. We have also run our first Bereavement Journey course and launched a new Alpha Course.

These initiatives are being supported by Pray Tadley, a new movement encouraging and equipping prayer for every home and every place in our community.

Financial Review

Tithe Income was £600,946 (2024: £542,519), a rise of 11% on the previous year. Total Incoming Resources were £1,002,395 (2024: £888,700), a 13% rise on the previous year. Total Expenditure, used to meet our ongoing objectives, was £1,044,117 (2024 £956,188), a increase of 9%.

As set out in Note 7 of the financial statements, gifts and donations made by the churches totalled £222,672 (2024: £168,926) - these comprise gifts made by the churches’ leadership and also include amounts specified by the donors. They are made to people and organisations with whom we have an ongoing relationship and therefore accountability in seeing that the money is used appropriately in accordance with the gift.

The financial position at 31 March 2025 is considered satisfactory for future activities. We have continued to navigate an ongoing challenge with the issues affecting the Hub as highlighted in the report, this has settled somewhat towards the end of the period and we look forward to reporting on the end of this and a more positive outlook moving forwards. We have continued to have some reliance on the charity’s reserves, however this has been balanced to some extent by the ability to use our reserves to achieve some better interest returns. The charity still has significant cash balances after the sale of two properties in 2019. Our reserves policy can be found in the accounting policies (note 1 to the financial statements). Our reserves policy is to aim to hold cash balances equal to three to four months of expenditure. The current situation is well within that policy and additional reserves in anticipation of a purchase of some land and then an ongoing building project to provide a new home for one of our congregations.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

TRUSTEES' REPORT

Public Benefit. When assessing the activities and achievements of the Charity, the Trustees have considered the Charity Commission guidance on public benefit, and in particular, the guidance for charities on the advancement of religion.

Risk Assessment. The Trustees have given consideration to the major risks to which the Charity is exposed and are satisfied that there are measures in place designed to mitigate those risks.

Statement of Trustees' Responsibilities

The trustees (who are also the directors for the purpose of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Charitable company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees must prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 Charitable company and of the incoming resources and application of resources, including the income and expenditure, of the Charitable company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the Charitable 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The financial statements:

Page 10

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025 TRUSTEES' REPORT The Trustees Report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. This report was approved by the Trustees on 15 December 2025 and signed on their behalf. ATalo Andrew Taylor, Trustee and director Gary Bastin, Trustee and director Page 11

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

INDEPENDENT EXAMINERS’S REPORT TO THE TRUSTEES OF BASINGSTOKE COMMUNITY CHURCHES

I report to the Trustees (who are also directors for the purpose of company law) on my examination of the financial statements of Basingstoke Community Churches (‘the Charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet the Statement of Cash Flows and related notes.

This report is made solely to the Charity’s Trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the Trustees of Charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements of the Charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the Charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

Since the Charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS

For the year ended 31 March 2025

INDEPENDENT EXAMINERS’S REPORT TO THE TRUSTEES OF BASINGSTOKE COMMUNITY CHURCHES (continued)

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Andrew Skilton, ACA Independent Examiner Brewers, Chartered Accountants 3 Birtley Courtyard Birtley Road Bramley Surrey GU5 9LY

Date: 15 December 2025

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2025 (Including Income & Expenditure Account)

Notes
INCOME AND
ENDOWMENTS from:
3a
Donations and
legacies
3b
Charitable Activities
Investment income
Total
EXPENDITURE on:
4
Raising funds
5
Charitable Activities
Total
Net Income /
(Expenditure)
12&13
Transfers between
funds
Net Movement in
Funds
Total Funds at 1 April
2025
Total Funds carried
forward at 31 March
2025		 Unrestricted Funds
General
Designated
£
£
1,004
729,409
-
5,000
66,739
1,651

67,743
736,060
781
-
199,566
634,664

200,347
634,664
(132,604)
101,396
173,565
(173,565)

40,961
(72,169)
1,383,217
426,125
1,424,178
353,956		 Restricted
Funds

£
198,592
-
-
198,592
-
209,106
209,106
(10,514)
-
(10,514)
128,991
118,477		 2025
Total
Funds
£
929,005
5,000
68,390
1,002,395
781
1,043,336
1,044,117
(41,722)
-
(41,722)
1,938,333
1,896,611		 2024
Total
Funds
£
832,213
5,000
51,487
888,700
1,419
954,769
956,188
(67,488)
-
(67,488)
2,005,821
1,938,333

The notes on pages 18 to 27 form part of these financial statements.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

BALANCE SHEET AS AT 31 MARCH 2025

Company registration number 03476768

Notes
FIXED ASSETS
8
Tangible fixed assets
CURRENT ASSETS
9
Current asset investments
10
Debtors and prepayments
Bank and cash balances
11
CREDITORS:Amounts falling due within on
NET CURRENT ASSETS
NET ASSETS
Represented by FUNDS:
Unrestricted Funds:
General funds
12
Designated Funds
13
Restricted Funds		 2025 £
732,332
53,280
733,838		 2025 £
400,215


1,496,396		 2024 £
-
66,602
1,515,181		 2024 £

377,989




1,560,344
1,519,450
e year
(23,054)		 1,581,783
(21,439)

1,896,611 1,938,333
1,424,178
353,956		 1,383,217

426,125
1,778,134
118,477
1,809,342

128,991
1,896,611 1,938,333

The Charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The Trustees have not required the Charitable Company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The notes on pages 18 to 27 form part of these financial statements.

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BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025 BALANCE SHEET AS AT 31 MARCH 2025 - continued Company registration number 03476768 The Trustees acknowledge their responsibilities for (a) ensuring that he Charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the Charitable company as at the (c) end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Charitable company The notes These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Trustees on 15 December 2025 and signed on their behalf Taylo Andrew Taylor, Trustee and director Gary Bestin, Trustee and director The notes on pages 18 to 27 form part of these financial statements. Page 16

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

STATEMENT OF CASH FLOWS For the year ended 31 March 2025

Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (expenditure) for the year
Adjustments for:
8
Depreciation charges
Interest received from investments
10
(Increase) / decrease in debtors
11
(Decrease) / increase in creditors
NET CASH PROVIDED BY (USED IN) OPERATING
ACTIVITIES
CASHFLOWS FROM FINANCING ACTIVITIES
Interest received from investments
Purchase of land
NET CASH PROVIDED BY (USED IN) FINANCING
ACTIVITIES
CHANGE IN CASH AND CASH EQUIVALENTS IN
THE YEAR
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward		 2025
£


(41,722)
15,274
(68,390)
13,322
1,615
(79,901)
68,390
(37,500)
30,890
(49,011)
1,515,181

1,466,170		 2024
£
(67,488)

15,275
(51,487)
(23,663)
1,281
(126,082)

51,487
-
51,487
(74,595)
1,589,776
1,515,181

The notes on pages 18 to 27 form part of these financial statements.

Page 17

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting Policies

a. Basis of preparation of the financial statements

The financial statements have been prepared in accordance with 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) (2[nd] edition, effective January 2019), “Charities SORP” and Companies Act 2006.

Basingstoke Community churches 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.

b. Going concern

The Trustees have assessed whether the use of the going concern basis is appropriate, they have considered events, circumstances or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The trustees made this assessment for a period of at least one year from the date of approval of the financial statements. The Trustees have continued to exercise due diligence in monitoring and requesting of information with increased regularity from the churches as they continue to track the financial situation. After making these enquiries, the Trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

c. Income

Gifts, tithes and donations are recognised as income when received, together with the associated tax credit.

Legacy income is recognised when it is reasonable to assume that this income will be receivable. It is included in the SOFA at the value based on information provided. Income from charitable activities is recognised when the Charity is considered to be entitled to apply the resource and the likelihood of receipt is established with reasonable accuracy.

d. Expenditure

Expenditure is accounted for on an accruals basis as soon as there is a legal or constructive obligation to transfer economic benefits as a result of past transactions or events, it is probable that the transfer of economic benefit will be required in settlement and the monetary value of the settlement can be measured with sufficient reliability. Governance costs comprise external audit and all costs of complying with constitutional and statutory requirements.

e. VAT

Due to the nature of the Charity's activities, the Charity falls outside the scope of VAT and therefore it's Income and Expenditure, as stated, is VAT inclusive.

f. Cash management

Cash not required for day-to-day operations, but for the medium term is placed, via the CAF Charity Deposit Platform, on deposit having regards to the duration, amount relative to the Financial Services Compensation Scheme limit. The CAF Platform is a charity deposit platform provided by Flagstone Investment Management which enables the charity to diversify its cash holdings. During the year the investment platform ceased to charge portfolio management fees in lieu of a reduced rate on interest distributions.

Page 18

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting Policies continued

g. Funds

Restricted Funds are separately identified and appropriately described. General Funds are not subject to any restrictions regarding their use and are available for application to the general purposes of the Charity. The individual churches' income and expenditure are designated by the Trustees, except where the income is restricted by the donors. The accounts include all the transactions, assets and liabilities for which the Charity is responsible in law. They do not include the accounts of groups that are informal gatherings of church members.

h. Reserves

The reserves policy for Basingstoke Community Churches is to aim to hold three to four months surplus to cover expenditure (equivalent to £250,000 to £300,000) as cash reserves in addition to fixed assets held and used for the churches' aims and purposes. This level of reserves should ensure that at any time of the year the Church is not required to borrow funds on overdraft from its bankers. Currently this figure is lower due to a large proportion of the charity reserves being held in deposit account to supplement income and reduce deficits and the use of reserves to fund the charity activities. However, this is monitored to ensure that funds to the value quoted above are only ever held in short term deposit accounts, thus achieving the same aim of not having to rely on borrowing. Additional reserves above the figure quoted above are generated with a view to funding longer term projects. The trustees are aware of the current high levels of reserves held within the charity. The trustees have decided to approve this as the charity intends to use the surplus funds from the sale of two buildings in 2019 to provide a new home for one of the congregations and to enable the continuing activities of the charity.

i. Fixed Assets and Depreciation

Land and buildings are shown at cost. In January 2015 the Trustees consulted local agents and estimated the market value of the remaining property held to be £0.9million. Sarum Hill - Estimated market value. £0.9 Million

Fixed assets over £5,000 are capitalised and depreciation is calculated to write off the cost over the estimated useful life as follows:

Land Nil Buildings 4% Straight line per annum

j. Pension Scheme

Basingstoke Community Churches operates a defined contribution pension scheme for staff. The scheme is administered by Standard Life and is a qualifying workplace scheme for auto enrolment. Employer contributions are charged to the Income and Expenditure Account as they become payable.

k. Leasing Commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

l. Financial Instruments

Basingstoke Community Churches holds only basic financial instruments. Debtors are measured at historic cost and are held at settlement amount net of any discounts less any provision for non-recoverability. Creditors are measured at historic cost and are held at settlement amount net of discounts.

Page 19

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

2. Trustees and connected persons

During the year the following payments were made to Trustees and connected persons:

Gary Bastin
Andy Taylor
Totals		 Salary
Pension
Contribution Expenses
£
£
£
45,885
-
5,601
-
728
3,390

45,885
5,601
4,118

In 2024 total remuneration of £49,977 was paid to one Trustee.

The Charity contributed £5,601 (2024 - £5,300) to a Group Personal Pension Plan during the year. There were no outstanding contributions at the year-end.

Approval has been received from the Charity Commission to make payments to Trustees.

Trustees' expenses totaling £4,118 (2024 - £3,854) were paid to two Trustees in the year , relating to travel and motor expenses.

No employee received remuneration in excess of £60,000.

Related Parties:

Philip Wraight is a Trustee of The Safe, Basingstoke Ltd to which gifts and donations were made in the year (see Note 7) of £1,942.

The total donations received from Trustees and related parties was £31,004 (2024: £33,214).

3.a Income from Donations and Legacies

Donations
Gift Aid Tax reclaims		 Unrestricted Funds Restricted
Total
General
Designated
Funds
2025
2024
£
£
£
£
£
1,004
604,763
198,592
804,359
715,141
-
124,646
-
124,646
117,072
1,004
729,409
198,592
929,005
832,213

3.b Income from Charitable Actives

Events and sundries Unrestricted Funds Restricted
Total
General
Designated
Funds
2025
2024
£
£
£
£
£
-
5,000
-
5,000
5,000
-
5,000
-
5,000
5,000

Page 20

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

4. Raising funds

. Raising funds
Investment management
costs		 Unrestricted Funds Restricted
Total
General
Designated
Funds
2025
2024
£
£
£
£
£
781
-
-
781
1,419
781
-
-
781
1,419

5. Cost of charitable activities

a
Direct Charitable Costs
Missions & Projects
Support
Pastoral Costs
Ministry Support
Premises

b
Support & Administration
Administration Costs
Legal & Compliance Costs
Governance costs:
Independent
Examination
Accounts preparation
Bank charges & Interest
Trustee Liability Insurance
Depreciation
Total		 Unrestricted Funds
Restricted
Total
General
Designated
Funds
2025
2024
£
£
£
£
£
-
17,166
205,506
222,672
177,178
77,853
446,293
-
524,146
550,122
3,278
45,137
-
48,415
43,878
6,468
119,887
3,600
129,955
73,554
87,599
628,483
209,106
925,188
844,732
86,806
6,181
-
92,987
85,299
719
-
-
719
124
4,242
-
-
4,242
4,188
3,774
-
-
3,774
3,378
1,040
-
-
1,040
1,442
112
-
-
112
331
15,274
-
-
15,274
15,275
111,967
6,181
-
118,148
110,037
199,566
634,664
209,106 1,043,336
954,769

Page 21

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

6. Other Disclosures

The net incoming resources figure for the year is after charging:
Staff costs
Salaries
Social Security
Employer Pension Contributions
The average number of paid staff
(headcount)
Ministry
Buildings
Administration		 2025
2024
£
£
521,295
540,081
43,815
45,610
48,429
43,302
613,539
628,993
Headcount Headcount
12
14
2
3
4
4
18
21

No staff member received earnings of £60,000 or more.

The key management personnel of the Charity comprise of the Trustees and the core team. The total amounts paid in respect of the key management personnel of the Charity were £393,997 (2024: £338,237).

Independent Examiner’s fee
Other accountancy services		 2025
£
4,242
3,786
8,028		 2024
£
4,188
3,528
7,716

Page 22

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

7. Support for People and Projects

2025 2024
£ £
The church made the following Gifts and Donations in excess of £1,000, including
specified gifts from restricted income received.
South Central Sphere Giving & Support 77,080 50,546
Pearls of Africa 14,911 16,770
Annie Crowe – Uganda 19,900 18,675
Kate Tolhurst, Kasana, Uganda 11,274 11,011
BCC gifts to South Central Sphere 10,847 10,600
Kakeke Church, Uganda 5,415 5,408
Support for India 28,858 8,725
Ladies weekend 4,317 3,736
Foodbank 2,537 2,455
Holidays/trips for poor & needy 4,381 4,101
Christmas 966 2,413
Youth 2,425 13,177
Youth Pastor 21,341 -
The Safe, Basingstoke Ltd 1,942 2,015
Alpha 659 1,000
Tearfund Ukraine - 2,355
Thanksgiving Offering 3,050 -
Other (individually less than £1,000) 12,769 15,939
Total 222,672 168,926

Page 23

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

8. Analysis of Fixed Assets

Cost
At 1 April 2024
Additions
At 31 March 2025
Accumulated
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025

Net Book Value
At 31 March 2025
At 1 April 2024
 Freehold
Land &
Property
£
763,717
37,500
801,217
385,728
15,274
401,002
400,215
377,989		 Furnishings
and
Equipment
£
5,901
-
5,901
5,901
-
5,901
-
-		 Total
£
769,618
37,500
807,118
391,629
15,274
406,903
400,215
377,989

In January 2015 the Trustees estimated the market value of the freehold land and building to be £0.9 million.

9. Current asset investments
CAF Charity Deposit Flagstone Platform
10. Debtors
Gift Aid tax claims
Other Debtors and Prepayments
11. Creditors
Amounts falling due within one year
PAYE and NIC
Accruals
Other Creditors		 2025
£
732,332
732,332
2025
£
15,068
38,212
53,280
2025
£
10,969
9,738
2,347
23,054		 2024
£
-
-
2024
£
23,899
42,703
66,602
2024
£
12,106
8,511
822
21,439

Page 24

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS

For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

12. Designated Funds

Corporate Funds
Missional Fund
Elderly
Prophetic Development
Supernatural School
Local Church Funds
Hub
Hope
Lifespring
Tadley
Total Designated Funds		 Opening
Balance
Income
Expenditure
Transfers
Closing
Balance
£
£
£
£
£
3,856
-
-
-
3,856
551
-
-
-
551
498
-
-
-
498
114
-
-
-
114
5,019
-
-
-
5,019
121,187
224,484
(193,940)
(55,653)
96,078
197,350
296,932
(268,382)
(65,462)
160,438
45,516
97,140
(70,904)
(24,082)
47,670
57,053
117,504
(101,438)
(28,368)
44,751
421,106
736,060
(634,664)
(173,565)
348,937
426,125
736,060
(634,664)
(173,565) 353,956

Corporate Funds: These are monies designated for a specific purpose by the Trustees.

Local Church Funds: Tithes and Offerings are unrestricted funds but they are treated as designated as they come into each local church separately. Transfers are made to reflect costs paid centrally from general funds.

13. Restricted Funds

Specified Offerings

Local Church Funds

Hub

Hope

Lifespring

Tadley
Total		 Opening
Closing
Balance
Income
Expenditure
Transfers
Balance
£
£
£
£
£
77,880
113,133
(130,016)
-
60,997
20,465
34,216
(37,874)
-
16,807
17,176
16,299
(3,863)
-
29,612
5,148
8,126
(8,716)
-
4,558
8,322
26,818
(28,637)
-
6,503
128,991
198,592
(209,106)
-
118,477

Specified offerings include all gifts indicated by the donor to be for specific purposes.

Local Church Funds are given to the local churches for their use as indicated by the donor.

Page 25

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

14. Analysis of Net Assets Between Funds

2025
Fixed Assets
Net Current Assets
2024
Fixed Assets
Net Current Assets		 Unrestricted Funds
General
Designated
£
£
400,215
-
1,023,963
353,956
1,424,178
353,956


Unrestricted Funds
General
Designated
£
£
377,989
-
1,005,228
426,125
1,383,217
426,125		 Restricted
Funds
£
-
118,477
118,477


Restricted
Funds
£
-
128,991
128,991		 Total
2025
£
400,215
1,496,396
1,896,611

Total
2024
£
377,989
1,560,344
1,938,333

15. Leases

At the reporting end date the Charity had the following minimum lease payments under non-cancellable operating leases (all for equipment) which fall due as follows:

Expiring in less than one year
Expiring in two to five years		 2025
£
547
137
684		 2024
£
547
137
684

Page 26

BASINGSTOKE COMMUNITY CHURCHES ANNUAL REPORT and FINANCIAL STATEMENTS For the year ended 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS

16. STATEMENT OF FINANCIAL ACTIVITIES FOR THE PRECEDING YEAR (including Income & Expenditure Account)

INCOME AND ENDOWMENTS
from:
Voluntary Income
Gifts, donations and legacies
Income Tax Refunds
Charitable Activities
Investment Income
Total
EXPENDITURE on:
Raising Funds
Charitable Activities
Total
Net Income / (Expenditure)
Transfers between funds
Net Movement in Funds
Total Funds at 1st April 2023
Total Funds carried forward at
31st March 2024		 Unrestricted Funds
General
Designated
£
£
3,685
545,549
-
117,072
3,685
662,621
-
5,000
45,186
6,301
48,871
673,922
1,419
-
203,543
589,152
204,962
589,152
(156,091)
84,770
163,431
(163,431)
7,340
(78,661)
1,375,877
504,786
1,383,217
426,125		 Restricted
Funds
£
165,907
-
165,907
-
-
165,907
-

162,074
162,074		 2024
Total
Funds
£
715,141
117,072
832,213
5,000
51,487
888,700
1,419
954,769
956,188
3,833
-
3,833
125,158
128,991		 (67,488)
-
(67,488)
2,005,821
1,938,333

Page 27