## The Network Church
Report and Accounts Year ended 31 December 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **THE NETWORK CHURCH**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
ADDRESS FOR CORRESPONDENCE 33 Mayflower Road Park Street St Albans AL2 2QP GOVERNING DOCUMENT Declaration of Trust dated 16 August 1999 as amended March 2004 CHARITY REGISTRATION NUMBER 1078577 TRUSTEES RESPONSIBLE FOR Shuk Yee Lee MANAGING THE CHARITY Rebecca Mitchell Laurence Singlehurst Trevor Withers Sarah Woolmer Man Lung Yuen BANKERS The Co-operative Bank plc National Westminster Bank plc INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Pages 2-3 Page 4 Page 5 Page 6 Pages 7-8
Legal & Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts
Page 1
## **THE NETWORK CHURCH**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
## **Objects of the charity**
The charity, which is a church, is governed by a trust deed. The community of Network Church exists to commit our lives to serve the Gospel of Jesus Christ. Our primary responsibility as a church is to:-
- a) Build and nurture a Christian community
- b) Serve those outside the community in a variety of different ways
- c) Provide a forum for those who do not know God to explore the possibility of a relationship with him.
## **Our Mission Statement**
A community of God's people working together to see God's Kingdom extended in our spheres of influence.
We are a church built around small groups which means that an important focus of the life of the church is the midweek 'cell groups'. These meet weekly and are where the group members worship together, encourage one another, and share their lives with families and friends.
The cell groups come together for larger meetings as the weekly Sunday morning meeting, where we experience God in corporate worship, and receive teaching from the Bible.
We follow a cell church structure, in that the leadership team supports and trains several small group leaders, who support and train their small group members.
## **Governance**
In 2025 there were six Trustees, one of whom is also the team leader of the Leadership Team, who oversee the running of the church and the financial decisions that are made by the Leadership Team.
Network Church is part of the Pioneer group of churches, who support our Leadership Team, and oversee our progress and major decisions.
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the charity.
New Trustees are recruited and appointed by the existing Trustees, who discuss and agree on the capabilities and likely profile need to fill the role. This takes into account considerations such as the capabilities of the current Trustees, specialist skills available and diversity considerations.
## **Summary of the charity's main activities and achievements**
To further the above objects and mission, the charity's main activities and achievements were as follows:
We support and encourage those with a faith to deepen their relationship with God, and to increase the reach and effectiveness of their positive contribution to society.
We provide financial assistance for people linked to Network Church to attend spiritual retreats or counselling courses, and provide occasional financial support to individuals in need that are known to someone in Network Church, irrespective of their faith.
We give regular financial support to various charities and individuals, and support local charities either financially and/or with practical help, such as St Albans & Harpenden Education Project, Harpenden Money Advice Centre and Azalea.
We run a community pottery studio on an entirely voluntary and free to use basis to encourage young and old in their creative skills and benefit their wellbeing. Our ethos is to create a friendly welcoming environment for all comers. We attract a wide variety of people from the local community and in conjunction with Mind in Herts have regular groups to benefit their mental wellbeing. We are grateful to have received several grants over the past five years from The Harpenden Trust for new and improved equipment.
Page 2
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
## **Financial review**
During the year income decreased from £119,700 to £114,800 while our expenditure increased from £121,600 to £132,300. This resulted in a reduction of our current account bank balance and the use of £10,000 from savings. The Leadership Team have implemented a strategy to increase the income from our membership in 2026.
The cash held by the charity at year end is £47,300, £43,500 of which is unrestricted and can be used for any charitable purpose. Additional funds are held in an ethical investment fund. We gave away approximately 12% of our income during 2025 to individuals in need and to a variety of organisations.
An annual budget is prepared by the Leadership Team, approved by the Trustees, and presented to the church as a whole. At least twice a year, the actual figures are compared to the targets. Three of the Leadership Team and one Trustee are bank signatories. Two signatories are required on cheques and all bank documents.
## **Reserves policy**
The Trustees have determined that the charity should aim to hold unrestricted cash to cover expenditure commitments for 3 months (which equates to approximately £33,000) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £43,500, plus an investment fund, and the charity is holding excess funds; we continue to invest in the pottery project, and costs associated with our continued growth which will need some of these funds.
## **Risk statement**
The Trustees have reviewed the risks to which a small charity operating with few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
## **Responsibilities of trustees**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
## T. Withers
___________________________T. Withers (Jul 8, 2026 10:00:19 GMT+1) Trevor Withers Jul 8, 2026 Date:_______________________
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **THE NETWORK CHURCH**
I report to the trustees on my examination of the accounts of The Network Church ('the charity') for the year ended 31 December 2025 on pages 5 to 8 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’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 2011 Act.
## **Independent examiner’s statement**
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:
1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## J. Young
J. Young (Jul 9, 2026 09:52:49 GMT+1)
Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Jul 9, 2026
Page 4
## **THE NETWORK CHURCH**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
|Notes
**_Income receipts_**
Donations
Gift aid receipts
Grants
5
Charitable activities
5
Other
Away day
**_Capital and similar receipts_**
**_Total receipts_**
**_Payments_**
2
3
**_Total payments_**
Transfers between funds
5
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Sale of fixed assets
Net of receipts / (payments) before
Grants
paid
in
relation
to
charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly|General
Designated
Funds
Funds
£
£
90,190
-
15,448
-
-
-
68
-
45
-
570
-
106,320
-
-
-
-
-
106,320
-
111,408
-
12,816
-
124,224
-
(17,903)
-
-
-
(17,903)
-
61,418
-
43,515
-
Unrestricted Funds|Restricted
Funds
£
1,361
556
629
5,933
-
-
8,479
-
-
8,479
7,626
440
8,066
413
-
413
3,404
3,817|2025
£
91,550
16,004
629
6,001
45
570
114,799
-
-
114,799
119,034
13,256
132,290
(17,490)
-
(17,490)
64,823
47,332|2024
£
92,430
17,235
2,801
6,868
175
-
119,509
220
220
119,729
107,906
13,712
121,618
(1,888)
-
(1,888)
66,711
64,823|
|---|---|---|---|---|
The notes on pages 7 - 8 form part of these accounts.
Page 5
## **THE NETWORK CHURCH**
## **STATEMENT OF ASSETS AND LIABILITIES AS AT THE YEAR ENDED 31 DECEMBER 2025**
|Notes
**A Cash funds**
Cash at bank with immediate access
**B Other monetary assets**
Gift aid due to charity
**C Liabilities**
**Falling due within one year**
NEST [pension]
Fee for Independent Examination
**D Assets retained for charity's own use**
Equipment and fittings||General
Designated
funds
funds
£
£
43,515
-
43,515
-
1,499
-
1,499
-
364
-
1,140
-
1,504
-
Unrestricted Funds|Restricted
funds
£
3,817
3,817
-
-
-
-
-
Fund to
which asset
belongs
General|2025
£
47,332
47,332
1,499
1,499
364
1,140
1,504
Value
2025
£
17,684
17,684|2024
£
64,823
64,823
636
636
363
1,122
1,485
Value
2024
£
19,140
19,140|
|---|---|---|---|---|---|
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
## **E Investment assets**
CCLA - COIF Charities Ethical Investment Fund
|Fund to
which asset
belongs
General|Value
2025
£
54,814
54,814|Value
2024
£
56,034
56,034|
|---|---|---|
The accounts were approved by the trustees and signed on their behalf by:
## T. Withers
___________________________________Trevor WithersT. Withers (Jul 8, 2026 10:00:19 GMT+1)
Jul 8, 2026 Date:_______________________
The notes on pages 7 - 8 form part of these accounts.
Page 6
## **THE NETWORK CHURCH**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs
Note 4
Venue hire
Church activities and Community events
Away day
Equipment
Gifts and visiting speakers
Courses / conferences / training
Phone
Insurance
Office and administrative expenses
Computer and internet
Governance
Pottery
Sundry
**3**
**Grants paid in relation to charitable activities undertaken by others**
Organisations:
STEP
Azalea
Pioneer Trust
Organisations < £1,000
Individuals|General
funds
£
86,503
11,787
4,978
1,866
348
772
252
675
377
505
835
2,462
-
47
111,408
3,000
1,100
1,560
3,149
4,007
12,816
Unrestricte|Unrestricte|Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
d Funds|Restricted
Funds
£
-
-
-
-
921
-
-
-
-
-
-
-
6,705
-
7,626
-
-
-
-
440
440|2025
£
86,503
11,787
4,978
1,866
1,269
772
252
675
377
505
835
2,462
6,705
47
119,034
3,000
1,100
1,560
3,149
4,447
13,256|2024
£
76,382
8,025
4,778
-
1,419
1,975
761
575
404
1,338
291
2,164
9,699
94
107,906
3,500
1,020
1,560
3,282
4,350
13,712|
|---|---|---|---|---|---|---|
## **4 Transactions with related parties**
Mr Trevor Withers, a trustee, was paid a gross salary of £53,250 [2024: £52,211] for serving as a Team Leader, not for serving as a trustee; as permitted by the charity's governing document. These payments include employer pension contributions.
No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
Page 7
## **THE NETWORK CHURCH**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
## **5 Movement of funds**
|General funds
Restricted funds
Mission support
Equipment
Pottery
Restricted funds total
Total funds|Opening
balance
£
61,418
-
-
3,404
3,404
64,823|Receipts
£
106,320
440
921
7,118
8,479
114,799|Payments
£
(124,224)
(440)
(921)
(6,705)
(8,066)
(132,290)|Transfers
£
-
-
-
-
-
-|Closing
balance
£
43,515
-
-
3,817
3,817
47,332|
|---|---|---|---|---|---|
The Mission Support fund relates to donations given for the support of mission organisations and missionaries. The Equipment fund relates to donations made to cover various items of equipment purchased during the year.
The Pottery is a small community pottery run by and supported by Network Church. It is open (by appointment) to anybody whether families or groups or individuals. The purpose is to provide a safe space for people to have fun with clay and rediscover their creativity. Other donations have been given to support this project.
Page 8