TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Legal and Administrative Information Newark Evangelical Church Trust is also known as Newark Evangelical Church. Charity Commlsslon Registered Number The Charity Commission Registered Number is 1068885. Flnanclal Year This report is for the year started l April 2024 and ended 31 March 2025. Prlnclple Address The principal address for contacts is: 11 Staveley Court Farndon Newark NG24 3UB Governing Document Newark Evangelical Church Trust was established by a charitable trust deed on 16 February 1998 and is registered in England and Wales as a charity {number 1068885). Object5 of the Trust The charity was established by Newark Evangelical Church with the following Objects: la) To advance the Christian Faith {b) To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby (c) To promote and fulfil such other charitable purposes
Newark Evangelical Church is committed to enabling as many people as possible to worship at the church and to become part of the church. The Trustees maintain an overview of the church programme and make suggestions on how the church programme can involve the many people that live within our local community. When planning activities for the year, the Pastors, Elders, and Trustees have considered the Commission's guidance on public benefit and in particular, the specific guidance on charities for the advancement of religion. In particular, the church works to enable all people to come to faith in the Lord Jesus Christ, and to live lives worthy of this high calling through: Corporate and private worship; learning the whole council of God as it is taught in the Bible and growing in faith and the knowledge of our Lord Jesus Christ. A comprehensive teaching programme is planned and delivered for all age group5. There is an emphasis on clear, relevant and expository Bible preaching as well as topical teaching. Provision of pastoral care for people living within the community Missionary work and evangelism. To facilitate this work, it is important that the Trustees maintain the fabric of the church building. At present about ninety to a hundred people from the community attend church services and other activities; however, the elders and Trustees would be delighted if many more people attended church activities. The church building can accommodate about a hundred and ten people; if more people from the communityjoined the church or became regular attendee5 then alternative larger accommodation would be sought. The Trustees are mindful that the church building is a useful asset within the community as it has a large hall with numerous smaller rooms and other facilities. When community groups approach the Trustees for use of the building, the Trustees usually make the building available. Ever since the building was opened in 1995 the Trustees have sought to have the building utilised to benefit the whole community. The church seeks to be contemporary and comprehensive, and to provide benefits for all sections of the community, including children, young people, ladies, mothers and toddlers, families, elderly people, and the sick. Independent Examiner Mr Tim Oglesby BA ACA 26 Ward Close Leicester LE2 8NJ
Bankers CAF Bank 25 Kings Hill Avenue West Malling Kent ME19 4JQ Webslte and email address Website: htt newarkevan elical.or .uk Email: church newarkevan elical.or Location of Church Bullding The church building is located on the corner of Portland Street and Pelham Street, Newark- on-Trent, Nottinghamshire, NG24 4XD. The Church telephone number is 07930 548985 Trustees and Governance During the Year ended 31 March 2025 the Trustees were: Mr David Harrison (Chairman) Mr Robert Neville Ghent (Treasurer) Mr Andrew David Wilding Mr Adam Matthew Davies Transactions wlth the Trustees There have not been any transactions with the Trustees during the year ended 31 March 2025, {None during year ended 31 March 20241. Remuneration of the Trustees No Trustees received any remuneration or expenses during the year ended 31 March 2025, (None during year ended 31 March 2024).
Aggregated donations received from the Trustees The aggregated donations received from the Trustees were £17,925 during the year ended 31 March 2025,1£33,975 during the year ended 31 March 2024). Recruitment and Appolntment of Trustees Trustees are generally already familiar with the work of the Trust through membership of the Church prior to their appointment and after a period are nominated by a Trustee to become a Trustee. A new Trustee may be appointed by a resolution of the Trustees passed at a meeting of the Trustees at which there is a majority of the Trustees present and such resolution shall be recorded in the minutes and signed by the new Trustee and by the chairman of the meeting and such records shall be conclusive evidence of his appointment. Activlties and Achievements Review of Activlties During the Year ended 31 March 2025 the charity continued to achieve its Objects. The Trustees are pleased to report that the work of Newark Evangelical Church continues to grow and prosper. The Church has sought to serve the Lord Jesus Christ and our own generation within our local community and throu8hout the World. The Church has offered a range of services during the week and throughout the year that our community has found beneficial and helpful. These services are arranged to facilitate community needs, and they include: Sunday morning at 10:30 am is usually our best attended service of the week including people of all ages from teens to eighties from Newark and surrounding areas. Hymns and Christian songs, both old and new, are sung. Sunday morning at 10:45 am is when the children go off to the Sunday Club. In this club we aim to teach our children faithfully from the Bible, lessons that will stand them in good stead for the future. We learn through Bible teaching, song and craft. We teach age-appropriate content for children from 4 to 11 using a variety of teaching material. Sunday evenings at 18:00 pm is usually, a time of worship in song and prayer followed by an exposition of the scriptures. On some Sunday evenings we include communion. CLAY is NEC'S Sunday afternoon church, youth group and is a great opportunity for people in their mid to late teens and early twenties to meet
together, get to know each other better, make friends, have some fun but also to explore the Christian faith in a relaxed, informal sett7ng. Mondays- The Ladies, Prayer Fellowship has been an important weekly feature in the life of this church for many years. This is a group of women from the Church who meet together to pray for the Church and its activities within the community, and also for Christian activities elsewhere, including both home and overseas missions. Wednesdays-Toddlers. Each Wednesday morning during school terms the church building is visited by very small children and their parents. Wednesdays p.m. The Meeting place is an informal time with crafts, games and chat. Teas, coffee and cake are served and all are welcome. Each week a short evangelical talk is given and there is an invitation, for those who wish to, to discuss Christr'an matters further Thursdays- Prayer and Bible Study. Thursday evening is our regular Church Prayer Meeting and Bible Study, sometimes accompanied by missionary reports with a Bible study talk. On some Thursday evenings we also have communion, The usual (though not inflexible) pattern for Thursday evenings is to have an emphasis on themes as follows, on different weeks of the month: 1st Thursday: Mission Update and prayer meeting 2nd Thursday: Homegroups 3rd Thursday: Prayer and Communion 4th Thursday: Homegroups 5th Thursday (when there is one): Prayer and Bible Study Fridays- Kids Club (Primary School Children) every Friday from 6 pm to 7.30 pm. Apart from School Holidays, Kids Club is at the NEC building every Friday evenin8. Kids Club has Games, Sports, Quizzes, Movies, Theme nights, Adventures, Solving problems, winning prizes and much more. The evening caters for children of all abilities and there is always somethin8 for everyone. After a time of activities or games, there are refreshments, sometimes songs, and always finished off with a short time from the Bible. Fridays- Xplorers Youth Club (High School aged Children) 7.30 pm to 9 pm. Xplorers is essentially a church youth club running in Newark on Trent. It's for kids who are in High school or are High school age. We meet every Friday (at the NEC building) except School Holidays. Every evening is packed with Games, Sports, Quizzes, Movies, Food, Chatting, and anything else fun we can think of. It's a relaxed atmosphere with stuff that's suited for slightly older
young people. We provide refreshments at the end- or sometimes a full dinner (depending on the nightl and finish with a short time around the Bible. Saturdays- Prayer breakfast 8.30 to 9.30 am on the first Saturday of each month, We meet together to pray for the outreach work of the church. Each Saturday, weather permitting, we have a bookstall in Newark Market Place, where free tracts and booklets are offered to the public. We also respond to questions people may have about Christianity. Men's Group . This group of men from the church began meeting on Saturdays, monthly for fellowship, food And mutual encouragement During school holidays there may be breaks in these programmes. The church 15 available for weddings and funerals. An annual holiday Bible Club is held each Summer for children from the community of school age. Other groups from the community use the church building on an occasional basis. The church is always welcoming to new people, and during the year was successful in welcoming new families to the church. All of the services and auxiliary meetings are open to all. There are toilets for the disabled, and a hearing aid loop for the hard of hearing. The weekly services are available on Zoom and are recorded on You Tube Visitation of the sick is an important part of church life. Quite of lot of time and thought was spent during the year on makin8 the best use of services and resources. Helping those in need is an important part of our life of faith. The church made donations during the year to: Challenge Ministries Swaziland, United for mission (UFMI, Release International, Alex & Diana Horai (Ukraine missionary workl Details of the church and meetings are given on some web sites so that people from the community have information about the church, for example: htt www.h'ndachurch,co.uk churches sk75 evan elical .uk elical-churches and htt www.e- n.or evan When special meetings are to be held, for example Christmas carol services, invitation leaflets are distributed to local homes. The Church has renewed its affiliation with the Fellowship of Independent Evangelical Churches.
During 2020 Fernwood Community Church on the Fernwood Estate of Newark was established. Details of the Church can be viewed at htt fernwoodchurch.or Fernwood Community Church continued to grow and prosper during the year ended 31 March 2025. The Trustees are very grateful to all who have donated time, labour, and financially to the Church. Without their assistance the ongoing work of the Church would not have been possible. The Church gratefully acknowledges the providence and faithfulness of God throughout the year. Revlew of Financial Statements Total receipts for the year ended 31 March 2025 were £272,924 (of which £111,278 was one off legacy donation from the estate of a deceased member) (£119,178 for the year ended 31 March 20241. Total payments for the year ended 31 March 2025 were £162,587 {£124,239 for the year ended 31 March 2024). This shows a surplus for the year ended 31 March 2025 of £110,336, (a deficit for the year ended 31 March 2024 of £5,061). The Trustees will monitor income and expenditure closely. The Financial Accounts with the Independent Examiner's Report are appended to this report. The Church acknowledges God's provision of all necessary resources for the work of Newark Evangelical Church. Future Plans The Trustees plan to continue the work of the Trust during the Year to 31 March 2026. Receipts and payments will be kept under review. The Trustees plan to continue to develop Fernwood Community Church on the Fernwood Estate of Newark during the Year to 31 March 2026.
Policies Accounting Policies l. Basis of Accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 20051. 2. Receipts Recognition Receipts are included on a 'receipts basis,. Receipts received as offerings and donations through Gift Aid are recognised when received; the associated tax claim receipt is recognised in the financial year that the donations were received. 3. Payments Recognition Payments are included on a 'payments basis,. Payments are recognised in the period in which the payments are made. 4. Funds Accounting The Unrestricted Funds, upon which no restrictions are imposed, are: General Fund- funds which the Trustees are free to use in accordance with the charitable objects. Special Legacy Fund- a desi8nated fund. Restricted Funds, upon which restrictions are imposed, comprise: Mission Fund- funds which the Trustees shall use for mission work. Training Fund-funds which the Trustees shall use for training people to develop in their service to the church and community. Benevolent Fund- funds which the Trustees shall use for the relief of persons who are in conditions of need or hardship. Fernwood Community Church Music Fund - funds which the Trustees shall use to purchase music equipment. Reserves Pollcy The policy of the Trustees is to maintain reserves (which are unrestricted funds) that are sufficient to maintain the work of the Trust.
Risk Management The Trustees have reviewed the risks that affect the charity and have risk management strategies in place, including an ongoing review of the financial and operational activities of the Trust. The Trustees have reviewed the adequacy of the insurances and other measures designed to manage risks that affect the Trust. Declaration and Signature Trustees, Responslbillties The Trustees are responsible for preparing financial statements for each financial period, which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit for that period. In preparing those fFnancial statements, the Trustees are required to: select Suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees recognise their responsibility for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They also recognise their responsibility for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregu larities. The financial controls that are now in place have been reviewed and the Trustees consider them to be adequate, The appended accounts have been prepared on the receipts and payments basis and have been examined by an independent examiner, whose report is also appended. Approved by the Trustees on.................................................. And signed on their behalf by .ITrustee).
NEWARK EVANGELICAL CHURCH st Accounts for the Year Ended 31 March 2025 NEWARK EVANGELICAL CHURCH TRUST is a Registered Charity No. 1068885
CHARITY COMMISSION FOR ENGLANO AND WALES Independent Examiner's Report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Newark Evangelical Church On accounts for the year ended 31 St March 2025 Charity no (if any) 1068885 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 313t March 2025. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's Statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: I I Date.. 14th January 2026 Name: Tim Oglesby Relevant professional qualification(s) or body (if any): Institute of Chartered Accountants in England and Wales, 1988-2019 Address: Olive House, 26 Ward Close, Leicester, LE2 8NJ IER Oct 2018
Section B Disclosure Only complete if the examiner needs to highlight material matters of conGern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018
STATÉMENT OF ASSETS AND LIABILITIES as at 31 March 31 March 25 31 March 24 Dlfference, Assets Moneta TSB Bank Current Account TSB Bank Deposit Account Charities Aid Foundation Current AoUnt Total 32,585 18,851 13,735 98,639 131,224 2,037 20,888 96,6021 110,336,, Non-m t Assels Market value of church building and land on 31 March . (' see note 1 below) 403,407 393,426 9,981 ', Total Assets 534,631 414,314 120,317, labllltlos HMRC Tax and NIC for Q4 2,764 -2,7641 Total Llabllltle8 2,764 .2,764 Detall8 of moneta assets: restrlctod and unrestrlcted funds 31 March 25 31 March 24 Dlfference Fund Detalls Gener81 Fund (unrestricted) Mission Fund (restricted) Training Fund (restricted) Benevolent Fund (restricted) FCC Music Fund (restricted) Special Legacy Fund (designated) Total monetary a8sets 15,741 265 710 1,169 2,060 111,278 131,224 14,172 3,081 780 794 2,060 1,570 -2,816 -70 375 111278 110,336 20,888 Note 1.. The Church property was valued by a local estate agent at circa £290,000 on 11 July 2016. ,The market value of the property on 31 March 2024 and 31 March 2025 was estimated using Ithe Nationwide web site www.n8tionwide.co.ukJh ~1/CalcUlat0r1cajeuIat0r.htrn P8ge 1
GENERAL FUND Unrestricted . RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 Mar¢h 2024 Difference ! Offerings and donations IHM Revenue & Customs (Gift Aid r8cEaimed tax) !Transfer from Gospel Growth Fund Transfer to Mission Fund IMPACT donation If Prison Walls Could Speak Th&atre tickets Quiz Group i Bank Interest ITotal Rocoipts 121,082 25,370 77.189 15,052 16,650 43,894 -16,650 -11,5001 -200 i 8401 1671 73 26,942 -11,500 200 840 200 90 136,082 33 17 109,140 Pa ments Pastoral Ministry Utilities (Gas, Eleclricity, Water, Zoom licenc8, fibrel Building Maintenance and Insurance Fellowship of Independent Evangelical Churthes East Midlands Churches Day l her Expenditure Advertising and Publicity 'Governance Total Payments 88,384 7,281 20.599 2,670 120 13,862 840 756 134512 76,314 5,123 2,607 2,442 120 12,259 1,989 757 101,611 12,071, 2,158 17,992 228 1,603 1,1501 [Exce88 of Rée¢lpts 0r Payment8 1,570 7,529 MISSION FUND Rastricted ' RECEIPTS AND PAYME TS ACCOUNT Year ended 31 March 20 Year ended 31 Mareh 2024 Differenc• Recel ts Offerings and donation8 HM Revenue & Customs (Gift Aid reclaimed tax) Donation from 8elton-In-Rutland Bapiist Trust for Carl M8achem Transf8r from General Fund Total Receipt$ 5,735 704 18,895 2,538 -11,160 -1,834 2,000 1,500 500 19.939 20,933 -994 ments ',Adam and Laura Gordon (including Misson Conference gift and expenses) John and Hannah Williams (including Misson Conference gift and expenses) Carf and Mandy Meachem (including Misson Conference gift and expenses) Carl and Mandy M6achem (donations from Belton i Baptist Trust and additional donations) Icarl Meachem pension scheme Contributions ',Colin Lowthèr (Reach Beyond) 'Challenge Ministries Swaziland 'Zambesi Mission Tearfund ,Mission Conference UFM Alèx & Diana Horai Alex and Wijneke Kanri Release Intemalional Totsl Payments 4,225 3,600 625 4,255 3,600 3,725 3,600 1251 5,420 4,720 700 3,300 2,742 200 200 300 100 558 -200 -100 -300 -100 550 500 600 80 3.693 100 550 500 600 80 22.755 19,062 Excess of ReceIR ts over Payments -2,816 1,871 Page 2
IGeneral Fund Payments Year ended 31 March 2025 Year ended 31 March 2024 Dlfference Pastoral and PTrachin Minist Stipends and Employers National Insurance Contributions | other preaching ministry including visiting preachers ,, Pastoral ministry resources and expenses Pension Schemes contributions Total Pastoral Ministry Payments 78,107 1,325 2,302 6,650 88,384 68,451 1,835 1,800 4,228 76,314 9,656 502 2,422:. 12,071 Utilities Gas and Elactricity Water Zoom licence fees and fibre Total Utilities Payments 6,450 247 584 7,281 4,382 141 600 105., -16 2.158 Buildin aintenance and Insurance Boiler and heating system maintenance 'NEC roofing works (Mayway Construction) Fire protection equipment and security system maintenance Repair of leaking pipework (Paul Derry Limited) I Insurance ' Total Building Maintenance and Insurance Payments 198 16,428 318 1,620 2,035 457 16,428 50 1,620 153, 268 1,882 Donation Fellowship of Independent Evangelical Churches | East Midlands Churches Day rotal Donatlons 2,670 120 2,442 120 228 228 her Ex nditure | Printer toner and equipment IT Equipment Churches copyright and streaming licences .Christian Safeguarding Services ,Teaching resourcès Ibooks and teaching m8terials) i Children's work, incl. Holiday Bible Club and Explorars , Hire of Femwood Community Centre | FCC Sound Equipment & FCC resources FCC CIO registration Edward Connor Solicitors fee Catering I If Prison Walls Could Speak Theatre Jubilee event other items Total Other Expendlture Payments 100 1,823 650 368 227 382 7,036 1,866 180 156 666 564 134 676 526 464 -26 -257 -1,031 593 618 1,413 6,444 1,248 324 -187 6661 408 13,862 51 12,259 357 , Advertisin and P bli Evangelism (courses, posters, invitations, booklets, tracts) |Advertising and publicity ,, Total Advertssing and Publicfty Payments 770 70 840 1,871 118 -1,102 -48 -1,150., Goveman , Management and Govemanca Financial and accounting services . Total Govemance Payments 176 580 756 187 570 767 -101 10 Total Payments 134,512 101,611 Page 3
TRAININ FUND Restricted . RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Drfferenc8 Offerings and donations HM Revenue & Customs (Gift Aid reclaimed tax) Total Receipts Pa ments A.C.A.T. Tr8asurers' training l Total Payments 70 70 70 70 ' Excess of Receipts over Payments -70 IBENEVOLENT FUND Restricted RECEIPT AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Differencei Recel ts ,Offerings and donations , HM Revenue & Customs (Gift Aid reclaimed tax) | Total Recelpts 4,500 2,500 625 2,000 500 ment Benevolent Fund payments Total Payments 5,250 2,125 i Excess of Recelpts over Pa 375 LGR WTHF ND R8stri¢t d .. RE EIPT ANOP YMENT Year ended 31 March 2025 ACC NT Year ended 31 March 2024 Dlfference Recel ts Offerings and donations (GGF General) Off8rings and donalions (Carl & Mandy support) HM Revenue & Customs (Gift Aid reclaimed tax) 'Transfer to General Fund Total Receipts -16,650 16,650 Pa ments payments l Total Payments Excess of Recei S over Payments -16,650 FCC Music Fund Restricted RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Difference. Recei Offerings and donations HM Revenue & Customs (Gift Aid reclaimed tax) Total Receipts 2,000 500 -2,000 -500 ments FCC Music Fund payments Totsl Payments 440 440 440 -4401 Excess of Receipts over Payments 2,060 Page 4
SPECIAL LEGACY FUND Desi nated: RECEIPTS AND PAYMENTS ACCOUNT Year ended Year ended 31 March 2025 31 March 2024 Difference Recei Legacy Total Receipts 111,278 111,278 111,278 111,278 Pa ments None Total Payments Excess of Recei_pts over Payments 111,278 Page 5
NEWARK EVANGELICAL CHURCH st Accounts for the Year Ended 31 March 2025 NEWARK EVANGELICAL CHURCH TRUST is a Registered Charity No. 1068885
CHARITY COMMISSION FOR ENGLANO AND WALES Independent Examiner's Report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Newark Evangelical Church On accounts for the year ended 31 St March 2025 Charity no (if any) 1068885 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 313t March 2025. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's Statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: I I Date.. 14th January 2026 Name: Tim Oglesby Relevant professional qualification(s) or body (if any): Institute of Chartered Accountants in England and Wales, 1988-2019 Address: Olive House, 26 Ward Close, Leicester, LE2 8NJ IER Oct 2018
Section B Disclosure Only complete if the examiner needs to highlight material matters of conGern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018
STATÉMENT OF ASSETS AND LIABILITIES as at 31 March 31 March 25 31 March 24 Dlfference, Assets Moneta TSB Bank Current Account TSB Bank Deposit Account Charities Aid Foundation Current AoUnt Total 32,585 18,851 13,735 98,639 131,224 2,037 20,888 96,6021 110,336,, Non-m t Assels Market value of church building and land on 31 March . (' see note 1 below) 403,407 393,426 9,981 ', Total Assets 534,631 414,314 120,317, labllltlos HMRC Tax and NIC for Q4 2,764 -2,7641 Total Llabllltle8 2,764 .2,764 Detall8 of moneta assets: restrlctod and unrestrlcted funds 31 March 25 31 March 24 Dlfference Fund Detalls Gener81 Fund (unrestricted) Mission Fund (restricted) Training Fund (restricted) Benevolent Fund (restricted) FCC Music Fund (restricted) Special Legacy Fund (designated) Total monetary a8sets 15,741 265 710 1,169 2,060 111,278 131,224 14,172 3,081 780 794 2,060 1,570 -2,816 -70 375 111278 110,336 20,888 Note 1.. The Church property was valued by a local estate agent at circa £290,000 on 11 July 2016. ,The market value of the property on 31 March 2024 and 31 March 2025 was estimated using Ithe Nationwide web site www.n8tionwide.co.ukJh ~1/CalcUlat0r1cajeuIat0r.htrn P8ge 1
GENERAL FUND Unrestricted . RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 Mar¢h 2024 Difference ! Offerings and donations IHM Revenue & Customs (Gift Aid r8cEaimed tax) !Transfer from Gospel Growth Fund Transfer to Mission Fund IMPACT donation If Prison Walls Could Speak Th&atre tickets Quiz Group i Bank Interest ITotal Rocoipts 121,082 25,370 77.189 15,052 16,650 43,894 -16,650 -11,5001 -200 i 8401 1671 73 26,942 -11,500 200 840 200 90 136,082 33 17 109,140 Pa ments Pastoral Ministry Utilities (Gas, Eleclricity, Water, Zoom licenc8, fibrel Building Maintenance and Insurance Fellowship of Independent Evangelical Churthes East Midlands Churches Day l her Expenditure Advertising and Publicity 'Governance Total Payments 88,384 7,281 20.599 2,670 120 13,862 840 756 134512 76,314 5,123 2,607 2,442 120 12,259 1,989 757 101,611 12,071, 2,158 17,992 228 1,603 1,1501 [Exce88 of Rée¢lpts 0r Payment8 1,570 7,529 MISSION FUND Rastricted ' RECEIPTS AND PAYME TS ACCOUNT Year ended 31 March 20 Year ended 31 Mareh 2024 Differenc• Recel ts Offerings and donation8 HM Revenue & Customs (Gift Aid reclaimed tax) Donation from 8elton-In-Rutland Bapiist Trust for Carl M8achem Transf8r from General Fund Total Receipt$ 5,735 704 18,895 2,538 -11,160 -1,834 2,000 1,500 500 19.939 20,933 -994 ments ',Adam and Laura Gordon (including Misson Conference gift and expenses) John and Hannah Williams (including Misson Conference gift and expenses) Carf and Mandy Meachem (including Misson Conference gift and expenses) Carl and Mandy M6achem (donations from Belton i Baptist Trust and additional donations) Icarl Meachem pension scheme Contributions ',Colin Lowthèr (Reach Beyond) 'Challenge Ministries Swaziland 'Zambesi Mission Tearfund ,Mission Conference UFM Alèx & Diana Horai Alex and Wijneke Kanri Release Intemalional Totsl Payments 4,225 3,600 625 4,255 3,600 3,725 3,600 1251 5,420 4,720 700 3,300 2,742 200 200 300 100 558 -200 -100 -300 -100 550 500 600 80 3.693 100 550 500 600 80 22.755 19,062 Excess of ReceIR ts over Payments -2,816 1,871 Page 2
IGeneral Fund Payments Year ended 31 March 2025 Year ended 31 March 2024 Dlfference Pastoral and PTrachin Minist Stipends and Employers National Insurance Contributions | other preaching ministry including visiting preachers ,, Pastoral ministry resources and expenses Pension Schemes contributions Total Pastoral Ministry Payments 78,107 1,325 2,302 6,650 88,384 68,451 1,835 1,800 4,228 76,314 9,656 502 2,422:. 12,071 Utilities Gas and Elactricity Water Zoom licence fees and fibre Total Utilities Payments 6,450 247 584 7,281 4,382 141 600 105., -16 2.158 Buildin aintenance and Insurance Boiler and heating system maintenance 'NEC roofing works (Mayway Construction) Fire protection equipment and security system maintenance Repair of leaking pipework (Paul Derry Limited) I Insurance ' Total Building Maintenance and Insurance Payments 198 16,428 318 1,620 2,035 457 16,428 50 1,620 153, 268 1,882 Donation Fellowship of Independent Evangelical Churches | East Midlands Churches Day rotal Donatlons 2,670 120 2,442 120 228 228 her Ex nditure | Printer toner and equipment IT Equipment Churches copyright and streaming licences .Christian Safeguarding Services ,Teaching resourcès Ibooks and teaching m8terials) i Children's work, incl. Holiday Bible Club and Explorars , Hire of Femwood Community Centre | FCC Sound Equipment & FCC resources FCC CIO registration Edward Connor Solicitors fee Catering I If Prison Walls Could Speak Theatre Jubilee event other items Total Other Expendlture Payments 100 1,823 650 368 227 382 7,036 1,866 180 156 666 564 134 676 526 464 -26 -257 -1,031 593 618 1,413 6,444 1,248 324 -187 6661 408 13,862 51 12,259 357 , Advertisin and P bli Evangelism (courses, posters, invitations, booklets, tracts) |Advertising and publicity ,, Total Advertssing and Publicfty Payments 770 70 840 1,871 118 -1,102 -48 -1,150., Goveman , Management and Govemanca Financial and accounting services . Total Govemance Payments 176 580 756 187 570 767 -101 10 Total Payments 134,512 101,611 Page 3
TRAININ FUND Restricted . RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Drfferenc8 Offerings and donations HM Revenue & Customs (Gift Aid reclaimed tax) Total Receipts Pa ments A.C.A.T. Tr8asurers' training l Total Payments 70 70 70 70 ' Excess of Receipts over Payments -70 IBENEVOLENT FUND Restricted RECEIPT AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Differencei Recel ts ,Offerings and donations , HM Revenue & Customs (Gift Aid reclaimed tax) | Total Recelpts 4,500 2,500 625 2,000 500 ment Benevolent Fund payments Total Payments 5,250 2,125 i Excess of Recelpts over Pa 375 LGR WTHF ND R8stri¢t d .. RE EIPT ANOP YMENT Year ended 31 March 2025 ACC NT Year ended 31 March 2024 Dlfference Recel ts Offerings and donations (GGF General) Off8rings and donalions (Carl & Mandy support) HM Revenue & Customs (Gift Aid reclaimed tax) 'Transfer to General Fund Total Receipts -16,650 16,650 Pa ments payments l Total Payments Excess of Recei S over Payments -16,650 FCC Music Fund Restricted RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 March 2025 Year ended 31 March 2024 Difference. Recei Offerings and donations HM Revenue & Customs (Gift Aid reclaimed tax) Total Receipts 2,000 500 -2,000 -500 ments FCC Music Fund payments Totsl Payments 440 440 440 -4401 Excess of Receipts over Payments 2,060 Page 4
SPECIAL LEGACY FUND Desi nated: RECEIPTS AND PAYMENTS ACCOUNT Year ended Year ended 31 March 2025 31 March 2024 Difference Recei Legacy Total Receipts 111,278 111,278 111,278 111,278 Pa ments None Total Payments Excess of Recei_pts over Payments 111,278 Page 5