CABIN LANE CHURCH
FINANCIAL STATEMENTS
FOR
30 SEPTEMBER 2025
Company Number 3659182 Charity Number 1073517
FINANSURE LTD
2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
CABIN LANE CHURCH
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
| CONTENTS | PAGES |
|---|---|
| Charity information | 1 |
| Trustees’ annual report | 2 to 6 |
| Independent examiner’s report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 to 16 |
Page 1
CABIN LANE CHURCH
CHARITY INFORMATION
| Company number | 3659182 |
|---|---|
| Charity number | 1073517 |
| Directors | Alan Thompson |
| Gwyneth Tipton | |
| Edmond Clay | |
| Jillian Field | |
| Registered office | The Whole Life Christian Centre |
| Cabin Lane | |
| Oswestry | |
| Shropshire | |
| SY11 2LQ | |
| Independent Examiner | Mr L HowsonMAAT |
| Accountants | Finansure Limited |
| 2 Sheppard Street | |
| Brymbo | |
| Wrexham | |
| LL11 5FF | |
| Bankers | CAF Bank Ltd |
| 25 Kings Hill Avenue | |
| Kings Hill | |
| West Malling | |
| Kent | |
| ME19 4JQ |
Page 2
CABIN LANE CHURCH
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2025
The directors/trustees present their Annual Report, along with the examined financial statements, for the year 1[st] October 2024 to 30[th] September 2025.
Objectives of the charity
These are set out fully in the Memorandum of Association of the company, but in brief are to:
-
advance the Christian faith;
-
relieve persons in conditions of need or hardship and those who are aged or sick;
-
advance education; and
-
promote and fulfil other charitable purposes beneficial to the community.
To fulfil these objectives Cabin Lane Church carries out activities, both directly and indirectly through other partner organisations, locally in the county of Shropshire and in the UK or the world as the trustees may from time to time see fit. Details of resources expended on these activities are given in the Statement of Financial Activities. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (effective January 2019) in preparing this report.
Our ability to fulfil these objectives is related to the resources that we have available. These include participants in our activities, finances, equipment and property. Our strategies for fulfilling the objectives are set out in our vision statement.
Vision
The main point of our vision is to enable people to find fullness of life in Christ, to do that by building community, live with passion, and make an impact for Jesus as we:
-
Place ourselves under the headship of Christ
-
Pray continually
-
Preach the Gospel
-
Develop ministries and extend the Kingdom of God
-
Love God, each other and our neighbours.
This year has been another challenging one for Cabin Lane Church, but also one that has strengthened and renewed its vision. There has been a continued determined effort to keep the members, congregation, and community together through our Christian beliefs and it’s out working. During this year two Trustee/ Elder had been added Jill Field was ratified at the AMG, and our new Pastor Ruach Mitchell was employed from March 2025 with an 83% approval. We trust that this will strengthen our spiritual leadership the church and secure the future. The Eldership, meet on regular bases to plan and deal with pressing matters. Finance Team, and full members meeting have been held during this financial year.
Advancing the Christian faith
As a place of worship, and a community hub for other activities that reflect our Christian ethos. This is a community lead church in Eastern Oswestry. Having our own church building, has enabled the trustees to deepen the church’s role in the community. The building is well regarded and has remained open to all. As previous years the Sunday services continued throughout this
Page 3
CABIN LANE CHURCH
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2025
year reflecting the Christian calendar, with a stable average of forty adults each week attending. Our services were open and enabled us to put our faith into practice through sharing in music, prayer, scripture, information, and our monthly communion time. Visiting speakers added were invited to inform and build both spiritual, personal and support in their Christian walk. We also meet for a specific time of prayer and reflection. The church is affiliated member of the Baptist Association of HEBA, (Heart of England Baptist Association). Our Fellowship Groups had met, most weeks. Our monthly news and information brief ‘The Herald’ keep the members and anyone visiting the church informed and encouraged. We have supported Operation Mobilisation’s work in UK and internationally on both land and sea. As well as The Wycliffe Bible Translators, in their work in publishing Christian material in multi languages. This has also been extended through our connection to Sat 7 in their broadcasting ministry to the Middle East and North Africa through satellite television.
Supporting those in need
The Café Life remains relevant to the community, particularly meals for senior citizens and supporting mums and care groups; unfortunately, we have not seen any growth in turnover, though the footfall over the year has been encouraging. The Saturday morning café supports the Park Runners National organisation. The cafe offers a warm hub, meeting place, relaxation, and occasional quiet. ‘Coffee and Chaos for mothers, carers, and young children remains popular. Our Pastoral care team supported members who are aged or sick and the community where we could, through meals cards, and visits. The building has been used by independent providers. By local council departments for family support groups, as well as court directed meetings. The numbers have reduced due to local authority changes and demand. Some birthday parties and other individual and community events were held. These have fulfilled some of the local needs. All managed by the church on a volunteer basis. The local Foodbank has been supported by gifts of food and money through different events. The Camera club met most months, with an exhibition in September, open to folks with interest in photography. Our Cameo group for over 60s has been stable and offers a good space for those lonely or who enjoy time together. Internationally the church financial supports and receives feedback from UK offices of Mission Aviation Fellowship, International China Concern who provide help for individuals and families with children with disabilities, and Hope Health Action that support medical needs in Haiti and Uganda. As well as Christians Against Poverty who help with personal debt issues. Other UK based ministries received funding during this year.
Advance education
Children’s work in the form of a Sunday Club continued for 5 – 11-year-olds and we see an increase in numbers each week. Some changes in leadership have helped and a relaunching September as Cabin Kids will add interest. Our financial support for the Schools Christian Worker Project Trust provides a links with schools within the Oswestry area that generate projects for junior and senior schools. The leader also provides monthly updates, and annual feedback. The church also financially supports education via child sponsorship in India with updates to inform the congregation and Sunday club. A discipleship course was started to encourage people to deepen their knowledge and understanding.
Page 4
CABIN LANE CHURCH
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2025
Promote other charitable purposes beneficial to the community
The church garden continues to attract families when able, providing a safe and fun area particularly for the local after school children and families. We have a walking group called Beer and Blisters which has organised local walks for the church and others as both fitness and relationship building time. There have been several other events held to encourage the community into the church building (quiz nights, Christmas and Easter celebration). We have held a dedication service in this period. The building is a hub for the collection of shoe boxes distributed around the world to needy children via Samaritans Purse. The Joyful Noise choir was sadly wound-up due to a lack of a musical director. The church is Registries for Marriages.
Membership
Church membership has stabilised and stood at 41; the general congregation numbers have also remained stable.
The roof had some additional work carried out during the year.
The Land - After discussions with the anonymous trust, these funds remain available for other purposes, preferably for a capital project, if possible. The balance currently stands as £22,635.
The Car Parking problem continues and remains unresolved but has been managed with some difficulties at peak times.
Post-balance sheet events
Unfortunately, due to financial pressures and the result of trading losses over the last year, the trustees made the difficult decision recently to stop the café operations which are planned to cease as at 31[st] July 2026. While this is unfortunate, it will give the church a chance to review its role in the local community.
Finance overview
General giving has reduced to £35,676, down 28%. Café income reduced to £57,059 down 21% due to a reduction in opening hours. Total Expenses were higher at £134,148 - of this the Café wages accounted for just 30% expenses at £39,781 of total compared to 35% the previous year. This also reflected the wage increases from April, and the reduction in dependence on paid staff as opposed to volunteers. Our expenses increased due to the salary and other costs for our new Pastor. The Café reported an overall loss during this financial year due to the need to replace a cooker and coffee machine. The statement of Funds reflects this through a reduction in the position over the previous year down 5% to £328,055. We have made effort to set aside £30,000 for a reserve for three months key expenses to comply with Charity Commission recommendations. The higher cost of utilities through 2024/25 has also impacted our higher expenses but the generous giving by the members and other available savings has enabled us to cover them, even given the continuing difficult financial position many folks find themselves in. The reduction in this cost from April 2025 on Gas will be encouraging for the future but not the increases in electricity. There was no progress in converting the church to a Charitable Incorporated Organisation (CIO) and creating a separate CIO for the café ministry.
Page 5
CABIN LANE CHURCH
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2025
Safeguarding
Some Trustees had achieved level 3 in early 2024. Further sessions are required to bring others to this level. Designated Person and DBS Verifier have all been established. DBS checks have been done on all relevant people. There were no safeguarding issues during this reporting period.
Structure, governance, and management
Cabin Lane Church is a charitable company limited by guarantee, incorporated on 29th October 1998 and registered on 26th January 1999. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company, and it is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10 to any deficit.
Appointment of trustees
The elders of the church are appointed at an Annual General Meeting by election from within the membership of the church and are subject to re-election by the members every three years. Upon election as elders of the church, they also become trustees of the charity and directors of the company. In accordance with charitable and company law, they must be at least 18 years old and they must be eligible (not having been disqualified as a trustee and having declared themselves in writing as eligible). They can also be elected mid-year to fill a vacancy under article 34 of the Articles of Association, in which case they must be re-elected at the next AGM.
In view of the charity’s work with children and vulnerable people, all trustees are required to have a DBS check. They must also comply with the biblical requirements of a church elder: in brief, they must be respectable, honest, self-controlled, gentle, and upright.
Induction and training of trustees
Through their membership of the church, newly appointed trustees will already be familiar with its charitable work, and they are provided with suitable material to give a background to the formalities of the company. The trustees are kept up to date by information from the ‘third sector’ press and by information and guidance from the Charity Commission and are provided with regular updates from various ministry leaders.
The trustees are aware that they must declare any conflicts of interest, and that they must avoid undertaking activities that might place the charity’s endowment, funds, grants or reputation at undue risk and use charitable funds and assets reasonably and only in furtherance of the charity’s objects.
Risk management
The trustees consider every proposed new activity, including consideration of the risks involved. This is followed up with the relevant activity/ministry leader. The trustees are in the process of improving risk management, including reviewing the potential risks associated with existing activities.
Page 6
CABIN LANE CHURCH
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2025
Reserves policy
The trustees do not allocate any amount to free reserves for the church to hold in its general fund. The trustees set a surplus general budget. It is intended, as funds become available, to build up a permanent reserve fund.
Declarations of responsibility
Company and charity law require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of Cabin Lane Church and the results for the period. In preparing financial statements the trustees have:
-
selected suitable accounting policies and then applied them consistently;
-
made judgements and estimates that are reasonable and prudent;
-
followed applicable accounting standards without any material departures; and
-
prepared the financial statements on a going concern basis.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for the safeguarding of the assets of the company and hence taking reasonable steps for the prevention of fraud and other irregularities.
The trustees confirm that there are no serious incidents or other matters which should have been brought to the attention of the Charity Commission and have not already been.
The trustees confirm they have all declared themselves to be eligible and to have no conflicts of interest.
The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit when reviewing the charitable objectives and aims of Cabin Lane Church, as well as in planning future activities.
We as trustees and directors certify that:
-
we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the charity’s independent examiner is aware of that information; and
-
as far as we are aware, there is no relevant financial information of which the independent examiner is unaware.
This report was approved by the directors on …………………………… 2026 and is signed on their 24th June behalf by:
……………………………… Mr A J Thompson - Trustee
Page 7
CABIN LANE CHURCH
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report on the accounts of the charity for the year ended 30 September 2025, which are set out on pages 8 to 16.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and • to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………………………………… Dated: …………………………… 2026 24th June L M Howson MAAT
Finansure Limited, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
Page 8
CABIN LANE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 SEPTEMBER 2025
| Unrestricted | Restricted | Totals | Totals | ||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| INCOMING RESOURCES | |||||
| Donations and grants | 2 | 44,732 | 2,758 | 47,490 | 61,027 |
| Incoming resources from | |||||
| charitable activities | 3 | 69,384 | - | 69,384 | 89,400 |
| Investment income | 1,799 | - | 1,799 | 1,988 | |
| ─── | ─── | ─── | ─── | ||
| TOTAL INCOMING RESOURCES | 115,915 | 2,758 | 118,673 | 152,415 | |
| ─── | ─── | ─── | ─── | ||
| RESOURCES EXPENDED | |||||
| Charitable activities | 4 | 132,855 | 1,293 | 134,148 | 127,383 |
| ─── | ─── | ─── | ─── | ||
| TOTAL RESOURCES EXPENDED | 132,855 | 1,293 | 134,148 | 127,383 | |
| ─── | ─── | ─── | ─── | ||
| NET INCOME/(EXPENDITURE) | |||||
| FOR THE YEAR | (16,940) | 1,465 | (15,475) | 25,032 | |
| Transfers between funds | (1,433) | 1,433 | - | - | |
| OTHER RECOGNISED GAINS/(LOSSES) | |||||
| Gains on revaluation of fixed assets | - | - | - | 75,800 | |
| ─── | ─── | ─── | ─── | ||
| Net movement in funds | (18,373) | 2,898 | (15,475) | 100,832 | |
| Balances brought forward | 343,396 | 134 | 343,530 | 242,698 | |
| ─── | ─── | ─── | ─── | ||
| Balances carried forward | 325,023 | 3,032 | 328,055 | 343,530 | |
| ─── | ─── | ─── | ─── |
The charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charity are classed as continuing.
The notes on pages 10 to 16 form part of these financial statements.
Page 9
CABIN LANE CHURCH
BALANCE SHEET
30 SEPTEMBER 2025
| Note | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| FIXED ASSETS | |||
| Tangible assets | 10 | 436,241 | 436,287 |
| ──── | ──── | ||
| CURRENT ASSETS | |||
| Debtors | 11 | 3,084 | 4,749 |
| Cash at bank and in hand | 78,003 | 96,806 | |
| ──── | ──── | ||
| 81,087 | 101,555 | ||
| CREDITORS:amounts falling | |||
| due within one year | 12 | (16,009) | (12,877) |
| ──── | ──── | ||
| NET CURRENT ASSETS | 65,078 | 88,678 | |
| ──── | ──── | ||
| TOTAL ASSETS LESS | |||
| CURRENT LIABILITIES | 501,319 | 524,965 | |
| CREDITORS:amounts falling | |||
| due after more than one year | 13 | (173,264) | (181,435) |
| ──── | ──── | ||
| NET ASSETS | 14 | 328,055 | 343,530 |
| ──── | ──── | ||
| FUNDS | |||
| Unrestricted funds | 15 | 325,023 | 343,396 |
| Restricted funds | 15 | 3,032 | 134 |
| ──── | ──── | ||
| TOTAL FUNDS | 328,055 | 343,530 | |
| ──── | ──── |
The trustees are satisfied that the charity is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the accounts for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.
The trustees acknowledge their responsibility for:
(i) complying with the requirements of the Act with respect to accounting records and the preparation of accounts, and (ii) preparing accounts which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its net incoming or outgoing resources for the financial year in accordance with the requirements of the Act relating to financial statements, so far as applicable to the charity.
These financial statements have been prepared in accordance with the special provisions for companies subject to the small companies’ regime, and with the Financial Reporting Standard 102.
24th June
These financial statements were approved by the trustees on ……………………………… 2026, and are signed on their behalf by:
……………………………
Mr A J Thompson - Trustee
The notes on pages 10 to 16 form part of these financial statements.
Page 10
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
1. ACCOUNTING POLICIES
Accounting convention
The accounts have been prepared under the historical cost convention and in accordance with the Charities Act and Companies Act, the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities (effective January 2019)”, and the Financial Reporting Standard 102 (FRS 102).
Fund accounting
Unrestricted funds are general funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Church 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.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Church for particular purposes.
The cost of raising and administering such funds are charged against the specific fund. Investment income and gains are allocated to the appropriate fund.
Incoming resources
Grants and donations are recognised when receivable, unless specified as covering a specific period, in which case they are apportioned accordingly. Gift Aid recoverable is credited in the same period as the donation to which it relates. Where donations or grants are received for a specific project or purpose, the income is accounted for separately within a restricted fund.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of charitable activities are those incurred in furthering the objectives of the Church which are laid out on page 2.
Governance costs are those incurred in connection with administration of the Church and compliance with constitutional and statutory requirements.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation except for freehold property which is stated at valuation less depreciation. Assets are capitalised if they have a useful life of more than one year and a cost value greater than £100.
Buildings are included at market valuation and are revalued every 5 years.
Depreciation is provided at the following annual rates in order to write off the value of each asset over its expected useful life:
-
Land & buildings
-
Equipment
2% straight line 20% on written down value
Page 11
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
2. DONATIONS AND GRANTS RECEIVED
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| General donations received | 35,676 | 49,520 |
| Restricted donations received | 2,758 | 2,632 |
| Gift Aid tax reclaimed | 9,056 | 8,875 |
| ─── | ─── | |
| 47,490 | 61,027 | |
| ─── | ─── |
3. INCOME FROM CHARITABLE ACTIVITIES
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Café income | 57,059 | 72,129 |
| Room hire | 11,471 | 15,986 |
| Other income | 854 | 1,285 |
| ─── | ─── | |
| 69,384 | 89,400 | |
| ─── | ─── |
4. COSTS OF ACTIVITIES IN FURTHERANCE OF THE CHARITY’S OBJECTS
| Activity or project | Activities undertaken directly |
Grant funding of activities (note 5) |
Support costs (note 6) |
Employee costs (note 7) |
Total 2025 |
Total 2024 |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Building running costs | - | - | 34,533 | 2,081 | 36,614 | 40,016 |
| Café operations | 15,538 | - | 10,095 | 39,781 | 65,414 | 75,978 |
| Church and group activities | 1,801 | - | 2,704 | - | 4,505 | 3,381 |
| Ministry fees and expenses | 653 | - | 6,650 | 13,017 | 20,320 | 465 |
| Missions and giving | - | 7,295 | - | - | 7,295 | 7,543 |
| TOTAL | 17,992 | 7,295 | 53,982 | 54,879 | 134,148 | 127,383 |
Page 12
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
5. ANALYSIS OF GRANTS PAYABLE
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| To charities (UK) | ||
| - Missions | 5,365 | 5,302 |
| - Other | 910 | 1,150 |
| To individuals (UK) | ||
| - Missions | 220 | 408 |
| - Other | 800 | 683 |
| ─── | ─── | |
| 7,295 | 7,543 | |
| ─── | ─── |
6. ANALYSIS OF SUPPORT COSTS
| Building running costs |
Café operations |
Church & group activities |
Ministry fees & expenses |
Total 2025 |
Total 2024 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Bank charges | 121 | 109 | 12 | - | 242 | 283 |
| Depreciation | 5,841 | - | - | - | 5,841 | 1,476 |
| Expensed equipment | - | - | 596 | - | 596 | 761 |
| Insurance | 1,364 | 1,228 | 136 | - | 2,728 | 2,489 |
| Interest payable | 13,355 | - | - | - | 13,355 | 15,414 |
| Light & heat | 5,442 | 4,897 | 544 | - | 10,883 | 9,331 |
| Office expenses | 572 | 516 | 57 | - | 1,145 | 1,064 |
| Rent (pastor) | - | - | - | 6,650 | 6,650 | - |
| Repairs & maintenance | 3,936 | - | - | - | 3,936 | 12,328 |
| Garden maintenance | 89 | - | - | - | 89 | 1,322 |
| Subscriptions & licences | - | - | 892 | - | 892 | 822 |
| Telephone | 633 | 569 | 63 | - | 1,265 | 1,157 |
| Water & rates | 860 | 689 | 172 | - | 1,721 | 1,606 |
| Independent examiner’s fees | 443 | 398 | 44 | - | 885 | 840 |
| Legal fees | 1,460 | 1,315 | 146 | - | 2,921 | - |
| Other expenses | 417 | 374 | 42 | - | 833 | 30 |
| TOTAL | 34,533 | 10,095 | **2,704 ** | 6,650 | **53,982 ** | 48,923 |
Support costs are allocated directly per department where appropriate; all other support costs are allocated 50% building, 45% café and 5% church and group activities as a best proportional estimate per Charity Commission guidelines.
Page 13
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
7. EMPLOYMENT COSTS
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Café staff gross wages | 39,492 | 47,693 |
| Pastoral staff gross wages | 12,839 | - |
| Building staff gross wages | 2,081 | 1,077 |
| Employer’s pension contributions | 467 | - |
| Employer’s NI contributions | - | - |
| ─── | ─── | |
| 54,879 | 48,770 | |
| ─── | ─── |
No employee received emoluments, as defined for taxation purposes, amounting to over £60,000 in the tax year.
The total number of employees during the year was 13 (2024 – 16). The average number of employees, calculated on a full-time equivalent basis, was two (2024 – two).
8. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES
No trustees received or waived any emoluments or expenses during the year.
The total aggregate donations made by the trustees to the charity during the year was £7,650 (2024 - £1,440).
9. MEMBERS’ LIABILITY
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
Page 14
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
10. FIXED ASSETS
| Cost or Valuation At 1 October 2024 Additions Disposals At 30 September 2025 Depreciation At 1 October 2024 Charge for year Disposals At 30 September 2025 Net book value At 30 September 2025 At 30 September 2024 |
Land and buildings £ 430,000 - - 430,000 - 4,300 - 4,300 425,700 430,000 |
Equipment £ 85,138 5,795 - 90,933 78,851 1,541 - 80,392 10,541 6,287 |
Total £ 515,138 5,795 - |
|---|---|---|---|
| 520,933 | |||
| 78,851 5,841 - |
|||
| 84,692 | |||
| 436,241 | |||
| 436,287 |
The Whole Life Centre building was revalued on 16[th] September 2024 by Morris, Marshall & Pool at a market value of £430,000. Although the trustees feel the building is worth more than this, and its re-build cost would be substantially higher, they have adopted the market value in the accounts which would better reflect its saleable value. The building will be revalued every 5 years.
11. DEBTORS
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Income tax recoverable | 864 | 2,227 |
| Prepayments | 485 | 1,169 |
| Other debtors | 1,735 | 1,353 |
| ─── | ─── | |
| 3,084 | 4,749 | |
| ─── | ─── |
Page 15
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
12. CREDITORS: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 4,062 | - |
| Accruals | 1,468 | 1,381 |
| Bank loan < 1 year | 10,000 | 10,000 |
| Other creditors | 479 | 1,496 |
| ─── | ─── | |
| 16,009 | 12,877 | |
| ─── | ─── |
13. CREDITORS: Amounts falling due after more than one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loan | ||
| - 1-2 years | 10,000 | 10,000 |
| - 2-5 years | 30,000 | 30,000 |
| - more than 5 years | 133,264 | 141,435 |
| ─── | ─── | |
| 173,264 | 181,435 | |
| ─── | ─── |
The bank loan is secured by a mortgage debenture over the freehold property. The property is included in fixed assets on note 10 and has net book value of £425,700. The mortgage represents 43% of the market value of the property.
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Funds at 30 September 2025 represented by: Tangible fixed assets Current assets Current liabilities Long-term liabilities |
Restricted funds £ - 3,032 - - 3,032 |
Unrestricted funds £ 436,241 78,055 (16,009) (173,264) 325,023 |
Total £ 436,241 81,087 (16,009) (173,264) |
|---|---|---|---|
| 328,055 |
Page 16
CABIN LANE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
15. STATEMENT OF FUNDS
| At 1 October | At 30 September | ||||
|---|---|---|---|---|---|
| 2024 | Income | Expenditure | Transfers | 2025 | |
| £ | £ | £ | £ | £ | |
| Unrestricted funds: | |||||
| General reserve | 267,596 | 115,915 | (128,555) | (1,433) | 253,523 |
| Revaluation reserve | 75,800 | - | (4,300) | - | 71,500 |
| ──── | ──── | ──── | ──── | ──── | |
| Total unrestricted funds | 343,396 | 115,915 | (132,855) | (1,433) | 325,023 |
| ──── | ──── | ──── | ──── | ──── | |
| Restricted funds: | |||||
| Community garden fund | - | 1,142 | (89) | - | 1,053 |
| Heating/maintenance fund | 134 |
- | (134) | - | - |
| Missions’ funds | - | 527 | (765) | 255 | 17 |
| Specified donations | - | 235 | (300) | 65 | - |
| Coffee & chaos | - | 854 | (5) | - | 849 |
| Cameo (over 65s group) | - | - | - | 450 | 450 |
| Joyful Noise (choir) | - | - | - | 663 | 663 |
| ──── | ──── | ──── | ──── | ──── | |
| Total restricted funds | 134 | 2,758 | (1,293) | 1,433 | 3,032 |
| ──── | ──── | ──── | ──── | ──── | |
| Total funds | 343,530 | 118,673 | (134,148) | - | 328,055 |
| ──── | ──── | ──── | ──── | ──── |
The revaluation reserve represents the net gain realised on the revaluation of the Whole Life Centre building in September 2024 less depreciation charged since the revaluation.
The community garden fund represents donations given towards improving and maintaining the gardens in the vicinity of the building.
The heating/maintenance fund represents donations given towards the costs of heating and maintaining the Whole Life Centre.
The missions fund represents donations given to further missions’ activities and to support missionaries.
Specified donations represents donations given towards other specified beneficiaries or projects.
Coffee & chaos is a parent and toddler group which meets weekly at the Whole Life Centre; this fund represents donations from attendees.
Cameo is a social group for people aged over 65 – the transfer of £450 represents a prior year balance which had not been included in restricted funds previously.
Joyful Noise is a choir group – the transfer of £663 represents a prior year balance which had not been included in restricted funds previously.