rr Dreams and, . realities 2025 annual review and l financial statement9, 4+. ChurchArtion onpoverty Limited 2025 at)nual review and financial statements Reference and administrative information Introduction In June 2025 WÈ said goodbye to Niall Cooper.whohas led ChurthAttion on Povertyfor 28 years. Niall has inspired rnanypeople in many campaigns which haveput the voitr of people in povertyatthe heart of national debatts.we thank himand wishhimwtll forthe future. Following a rigorous selection process the Council of Management have appointed Liarn PUT￿ll to be our new CEO. Wefelt hewas the best candidate and he is total]yCQmTnitted to Churth Action on Povertyand its v31ues.so l am sure many of youwill see more ofhim goingfo￿ard. The pastyearhas seeThfi￿ther significant developments.. with support frorn the Co-opthe YourLocal Pantry network gTewto 121. supporting 60.000 rnernbets acioss the country.They enable peopleto feed their families affordabty andengage intheir communities.The phenomenal h in the PantrynetWOTk speaks to awoTrying continuing need ndtothe hardwork anddedication of our staff. In the rlln-up to the General Elertion we helped start the IEt's End Povertycampaign.buildin8 a coalition of 80 or8anisations and over 60 chuTche5.The tOUT of OUT Dreams and Realities exhibitionwent to eommunities attoss the UK. and atthe other endof the stale our lettersftomindividuals wereendorsedbythe Prime Minister as a -TniTfoTto the nation-.Eypert5 by eypeTience froTn YoTkto Sussex infiuented dÈeision-makÈrs intheiTeommunitiÈs on important issues like hornelessness and disability. AprioTityfor us is that their voices are heard dThdwe continuetoeDSUTetheyaTe involved in the Tedesign of the benefits Sy5tem.Changing the waypeopltthink about poverty is one of out tharitable objertives. and so I'm really proudof the workexpertsbyexperiencehave done with students and jOUTnali5ts. WeprovidedTe50UT￿5 foTchurches across the denoJninatiODS 50that theycan understandand act on poverty. Arecord number ofchurthes took part mthe last Church Action on Poverty Sunday.The churches have a Crucial role inbTid8in8the gaps and tack]ing social division.To this end OUT ChuTth on the Margins progTarnTne workedwith the United Reformedchurth on ananti-poverty strategy. All th￿haSbeeThatheVed against an extremelytough funding environment. So I want tothank all of youwhohelped uswith yourtirne.yOUTrnoney and your prayeis.we really need YOUT continued sUPPOrt so do get in touch andwe ￿ tell you more about whatis going on inyourareaand whatyoucan do. Charitable companydetails ChaEityregi5tsation nurnbeT: 1079986 Cornpanyregi5trationnurnber'. 3780243 Staff GavinAitchison Rachel Brown (untilJanuary2025) Jessica Clark luntilNovembeT2024} Pete Duberly luntilNovembti2024) Felicity Guite James Henderson Shabir Jivtai luntilSeptembeT2024J Ellie Malhotsa Registeredoffitr and operationaladdTess Shared Spate InitiativÈ Ground Floor, Oakland House Talbot Road OLd Trarford M160PQ Trustees (council ofmanagementl Trustees. who ore also dirertOTS undeTcompany low, whoseTvedduThn9 theyeoTund up tothedfjte of this report were osfollows.. JohnAllison-Walsh Gemma Athanasius-coleman JanePerry Dan RileyEskiturk Chris Shelley luntilSeptember2024} Jen Sissons Kate Simcock Adam Sw'ers (untilJune2024} Freelancers andconsultants DeiTdTe BTowei Lats.Nazarene Theolo￿tal College Carmel Murphy Elliott. Urban life Sandra Rite.MigAnt Support Penelope Rodie Dr FionaTweedie elÉ'ri Gc.g,:1Tr ChurchAction onPovertys Council ofmanagement Margaret CaiTney SaTn CoTCOTan (TreasuTer.fvrn NoveFnbeT20241 Chailes Elliott ITreosuTeT. untilNoveFnbeT2024} John Farrar (from November20241 Helen Goodman Ichotrj RichJones luntilJune20251 Richard Machin Amanda Mallen Ashleigh May Glory Omoaka (from November2024} Trary Porter Davidprimrose fvice Chttir) Martin Stringer Key management personnel Niall Cooper Ichief Executive Officer, untilJune 2025) Lindsey Hall (People. PortneTshipsoniSleornirt9 Manager) Liam Purcell (Communications andsupporter Relation5 M¢7nogeT. then ChiefExecrJtive OfficeT IromJuly20251 Karenwilson IFinonceManogertsnd Company Secretary) Independentexaminer Jennrfei Daniel Slade & CooperliTnited Beehive Mill Jersey Street Ancoats Manchester M4 6JG Bankers Nauonal Westininster Bank plc 11 Sprin8 Garden5. ManchesteTM2 IFB Triod05 Bank Deanery Road.BristolBSI 5A5 UnityTrust Bank,Four Brindleyplatr, BiTrningham Bl 2JB Carnbridge and Counties Bank. Charnwoodcourt. 5B NewWa]LIei￿5ter IEI 6TE July 2025 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements Our vision Objectives and activities We put gospel vaIues of justice and compassion into piactice. OUT vision, as a Christian Organisation, is that the UK can and must be transforrned into a country wheie everyone G7n live a full life, free from poverty. Poverty is an outrage against humanity. It robs people of dignity, freedom and hope, of power over their own lives. We believe that our vision- an end to poverty in the UK- can become a reality. To realise our vision, our long-tenn goal is to build a powerful soaal movement with people and communities struggling against povety to Tedaim dignity, agency and power together. Mission TowoTkwithpeople Iwing inpovety,the churthes and others to overcome povety intheu The tr115tees review the airn5, objectives and activities of the charity each year. This report looks at what the charity has athieved and the outcomes of its WOTk in Objects the reporting period. The tfU5tees report To promote and advance the the success of each key activity and the education of the public in matters benefits the charity has brought to those relating to poverty and to raise the groups of people that it is set up to help. level of awaTeness and undeTStanding The review also helps the trustees ensure of poverty in the United Kingdom. the charity's ainis, objectives and To advance the education of the public activities remained focused on its stated by promoting research and study into purposes. poverty and to provide and encourage The trustees have referred to the investigation into the problems faced guidance contained in the Charity by the POOT in the United Kingdom Comrnis5ion's general guidance on public and to publish the results. benefit when reviewing the charity s To adwance the education of the public aims and objectives and in planning its in the part that the churches can play future activities. In particular, the trustee5 consider how planned activities in meeting the needs of those members of society whose will contribute to the aims and objectives development and participation in that have been set. soaety is impaired by poverty. Our values Dignity For ChTlStians, all human beings are Created in the image and likeness of God. All of out WOTk is founded on the behef that every human being deserves dignity, to be treated with respect. and a chance to live life in all its fullness. Agency Agency is people's ability and freedom to act. to make a difference in the World- individually or collectively. Too often, projects and campaigns seek to tackle poverty without treating the people who experience it as active agents. But people who struggle against poverty on a daily basis have the deepest understanding of what needs to change, and sorne of the best ideas for doing so. Wherever possible, Church Action on Poverty's work is actively shaped and led by people who have experienced poverty themselves. Power People continue to be trapped in poverty because it is sustained by unjust structures and systems. It's part of the chuich's mission to speak out and transforni those un]ust structures- as the prophets did in the Bible. That means challenging the people who have too much power in our society. We support people in poverty to speak truth to power and n￿ke change. These objerts have been extrartedfrom ourmemorondum ofAssociatiorL The trustees piesent their report and the independently examined financial statements for the year ended 31 March 2025_ Reference and a(Itnini5trative inforrnation set out on page I forms part of thi.s report. The financial statements comply with current statutory requireTnents, the mernorandurn and artides of as50aation and the Statement of Recommended Practice-Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. LEI po IDEMANDACIIONTO END POVERTY ThIS ELECTION _ ChurchAction oThPoverty Limited 2025 annual review and financial statements 9oMr PANTRY Footh unit 2MI-so muclt Everybody should have 2tcess to good food Everybody values tommunlty. Your Local Pantries PTovide both- and rnore. Acr05Sthe UK, people are findingthendship. food and freedom thTough Pantry ernbership. Pantries are all about d￿nIty, choice ana hope. Each one operates as a ernber-led neighbourhood hub.often serving as a springboard to othertornmunity itiatives.opportunities and ideas.As we all strive fora brighter futUTe. Pantne5 are an immediate bi8 gtep in the ri8ht direction. loosening povertys grip and creating the breathing space for comrnunities to PUTsue ambltlous goals. Duiingthis year,we have focusedon tren8thenin8 our network of P3ntries and improving the support theyreceive-as well as continuing to growthe network Key outcomes By Saving money on food,Pantry mernbeT5 arebetterable to rnana8e theiT finantes. In numb•rs... '. py 121 Pantries in our network PantTies to collm•ciwtth•tt• W¥ improvedPa*trywmb•Th' *• .. Portemouth.Northern Trp12nd dwellhold regionalrneetings. andwe held a n31ional ¢onfereneein York injune.we now have apanel of pantry Cvvidinators whoAdvidC IISOTi what PantsiÈs nee 22 new Pantries opened this year OurPantry Post newsLetter features members, owri stories. Artistsfor Change grants Isee page 61 enabled Jftany PDThtries trj CTeate amazingworL% ofart. rom Pantry membership Pantrymèmbershlpt&eTrles sodal isolation and improves mental and physic3J wellbeins. Pantrymembersfeel a sense of ¢)vrnership in their Pantry,and become more active in the wider comrnuni 16 *• new partner organisations opened Pantries T4 phNTRY fRIENDS We continualty •v•lllth the impact PantTies makeforpeople and j cornmunities. This year we published a new sotsal itnpact report. and launthed a major piece of gOvernTnent-￿￿dèd iesearth inpartnership with 100 Pantry members helped to Produce amazing works of art Webuilt up the Iw.t•rn The Pantry Is the heart of our local communlty where people come for more than food &OOO+ volunteers network through initiatives like o PantryFriends scherne andthc Big Give match.fithding appeal. Hope Chol¢i Working in Pantries average saving per shop PAiif*p co ¢ £5.76 . total savings Part of a rnovement: Here are some of the partners we Worked with in this ￿ea co op Money& Pensions Service Chw¢hAdio onPovezty BARNAADOS turn 2us ￿, E'J,;,, Christian Group ChurchAction on PovertyLimited 2025 annual review andfinanaal staternents ' LETS END POVERTY poverty- genda- Since October 2023,Let's End Poverty has united a diverse range of voices behind a 5haTed.posltive. vision-filled message thal poverty in the UK can ana should end.A collaborationbÉtween individuals. thutd)es. charities,trade unions and grassroots groups, Lets End Povertybrought people together with the aim of making ending poverty a PTimary issue at the 2024 UK general election. Nowthat the election has pa5se(L Lets End Povertywill end. but the collaborations and action it has inspired will continue. Churth Artion on Poverty is proud to have been one of the most active partneTS in Let s End Poverty-here are some of the activities we supported. Key outcomes Powerful rnovernent building focused on people withlivedexperience of poverty Increased public andpo]iticalattentioTh on the urgent needlo end UK poverty With Sup￿rthomthe Gieenbelt Trust,ChuTth Action on Poverty allotated 5m3ll gTant5 to more than 20 Local Pantries. it￿1¥1duals and community groups through the Arthtslor eh*upfvnd.in5pirirkB art projectsthatexpre5sed tommunityvoitrs and INII VdYttg4 LET'S END POVERTY Jnthe lead- upto the election.the amplifiedthe expeTience5 3nd peTspectives of otheTwise unheard communities.feedingthem intothe electiondebate.Morethan40people tookp3rtin sixl0cations.den)onstrntiT￿the passion andcomniitment of comLTLuwtiesto 0￿￿&betterfUtU[e. Imbtttcampaign brought the lived experientt5 of 15 individuals into the Houses of Parliarnent. prornpting an imrnediate règponse from the Prime Mmister in the Comrnons and alot of media coverage. In nllrnbe￿_ A Major highhght for Church Action on 80 partner OT8anisations supporters email conversations with election candidates exhibition.on theÈr touracr05S the UK. Sheffield artist stephen Martin's portraits of people lIV￿g on the frontline of povertyspaTked conversation and inspired artion. often accompanied bycomrnunity choiT5 and grassioots voiee5 sharing theRr stones and eall foithang@. 7,444 events hosted in communities . R.E,ALITIES 6OF churthes dis Let's End Poverty anners Part 0£ a movement: Here are some of the partners we worked with in this area p•verty truth netw•rk a>4inst JOINT PUBLIC ISSUES TEAM The Methodist Church Chw¢hAdio onPovezty United Reformed Churth CHURCHES WORKING Trussell tld]_ UNISON the Pmblic service tsnio io Church Action on Poverty Limited 2025 annual review and financial statements li SPEAKING Lived.experience- tPOWER ing change- ' Stotyelllng wor #.w and the We are always woikingto arnplify the voices and stories of people with lived .? experience of poverty. We Provide media training, and opportunities for people to 5haietheir stOTie5 publicly.-with ongoing support.wè partner withjournalists and Tnedia outlets to publish stories about povertythat respert people's dignity. And in all ofour communitations. we fotus on Stories of hope that can inspire more people to comelogetherto ieclairn dignity. agency and power. Key outcomes People in poverty are moi* wldely heard in local and national media. Through our Speaking Truth to Powerprog￿mrne, actMsts ￿thI1Ved experience of poverty play a lead role in actioii to eiid poYerty".8rassroots campai8nin&speakingto decision-makers. speakin8 Out in the media, and gteerit18 carnpaigns lthe Lets End Poverty (see page 61. Iti additionto training and 3UPPOrtin8 a national panel of campaigner5.thi5 year we supportpd PlTrch P•lnt•. an innovativp participative PTogTamrne in Sussex allowing people withlived experience of povertyto work directlywith decision-rnakers on solutions. With LI(￿SUpPOrt and patience, out Aho*rdT•rkpToject enabled hve people to tellcomplex stories of If ￿vety and htsrnele55nes5 in a Iespertedl￿l publiotioThYoTkMiY ourP￿ell$ts1ed . 4 ChUrChAtt￿n on Poverty's 2025. PTovidJngan expert anatysisuniquety rooted inthe ]ived experience.and achievingcoverageiThthe natiorkaLmedi The articles generated a lot of positive comments... readers started sharing their own experiences rfsTftltylEdttor. Yorkmlx) Key outcomes Artlvlsts wlthllved experlence ofpoverty buildthe confidence.skills and relationships they needto workfvr change. DeciblQlt-rnakEiS and the widei public learn from the ieal experts about poverty andits solutkoThs. York Council is adjusting hornele5S supportln responseto storl*swÈ placed this year. Sharing newand varied stories strèngthens the wldet movementto end poverty. Penny. Steve 2nd Tracy gave talks about iivtd. experience IO0+ students learned about lived.experience partiapation 12.Pinch Points. s brought worksho togetheT ocai people and = deasion-makers We helped Pantries plate P)Wer￿ stories in ]ocal rnedia. and usedourPaBtyPort I newsletter to shaTe stoiies fvom Pantry rnembers in the widetnetwork involvementin research and I poLicy"Tnaking tod•yee Disabilityartivists Stef. wayne.mary and Syd l•iDis4blllty•ttd ! people rettiyed media - and started putting it into practice 15+ members of Local Pantiies shared their stories and ideas inPanty Post kntré li.'wJlpkty4Syi Stephen .2mrns to discuss li'Trd- experience iniDlvement in t-, Ixlry.. policy"making. and secured a follow-up tneeting and a PTomise that disabledpeople would ￿"&t the heart- of policy. t's EndPoverty in the DoilyMirroTand onthe BBC. Part 0£ a m0ven￿nt. Here are some of the partners we worked with in this area NUJ co op Chw¢hAdio onPovezty NAnOPiAL LINION J(WRNAUSTS LSE ThE LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE Unive(sityof salford 4fvER51Tr MANCHESTER ,1ividiM￿ghts. 12 Church ActioThon Poverty limited 2025 annual ieview andfinanaal statements 13 ngaging and people suslainab Chwch ActioTh DThPovEtW3 brilliant operations and finance tearn design systems for alLof ourwork that are rooted i OUTvalues-and maximise the impact we're able to rnake u5ingpeople s generous donations. This year, we responded to gTowingfinancial pressure and a reduced staff teaTn by continuingto save money on all of our overheads. and by intreasing our efficiency through greateruse of online payment systenis and database5.we continue to cherish and support our staff team',thisyear,tearn members hadthe opportunityto cornplete an appientice5hip a period of study leave whith will benefit our work considerably. Key outcomes Streamlined processes enable ustofocus better on OUEVi5ion and Mission. 114 w Clear systemsformonitoringand evaluation enable uslolearnfrorn our work andtontinuallyimprove. Church Artion on Povertyis blessed to be able to depend on a nationwide netWOTk of pagsion2te churches 2nd Christians, committed to reclairning dignity.a8ency and power. DuTing 2024- 25. we... helped the United Refoimed Church to develop a new antl-poverty strategy,. held inspiring ÉvÈnts". partnered up with otheTChristian a8encies to 8Qt churches thinking and arting during Lent.- mobilised churth leaders to speak out about l5sues like the two-child lirnit, and made time tolisten deeply to our amazing supporters. Key outcomes Churchleaders are supportedto take moral Stand oThpovertyissue5. Understandin8 the churcheswework wilhhelps us to nurture andgrow wider movernent. Churthes and expertsby experience are leaming andtaking actionlogether. I donate because I wish to empower people to end poverty >¥ We have to keep emphasising how fundamental this is to the Chrlstian falth The second us in partneTship ￿ththeJ01nt Public T%%iiesTeam and the Addtes5ingPoverty Through Iiyed ExpetiÈn£e Collective. brought together church-based pr&ctitionets and artivist5 With ]Ned epxerience of povertyttorn act05slhe UL In numbe *p We teamed up with Christi3nAidto help chwches deepen theiT uirtiniitment to endin8 poverty in the UK and globally.by producing IEntprogramme and by supplying £hllrches with b*xtt•tstn displayinthe run.up tothe General ELection. £7,000+ raised by 78 churches on Church Action on Poverty Sunday = 220church leaders slgned our letter about the - two-child limit donations income p,¥ ,1::: I,"". y. £6£000 received from generous legacies Part 0£ a m0ven￿nt. Here are some of the partners we worked with in this area JOINT PUBUC ISSUES TEAM ,rye POVER TY WEEK hristian POVER TY WEEX United Reform Chw¢hAdio onPovezty CHLRCHES APLE Churth "I Collective United Reformed Church ai 14 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 15 Financial review Plans for 2025-26: building sustainabili This year ha5 seen a change inpersonnel. withthe appointrnent of a newtsea5urer. Total income from gTants has remain consistÈnt inthÈ curTentyeaT. mainly duÈto the tontirtu partnership withThe Cooperative. Donation income from committed individua]s andchurcheshas InCTeased dunng the year.andwe offeT our sincere thanks to all those who conttnue to supportU5. when those with lived experience of poverty continue to need OUT SUPPOrt. This has been a tonsolidatingyear forchurch Artion on Poverty.resi2ing and restricting with reviewing projects and staff numbers ensuringwe can continue inthis challen8in8environment and as the partnership with the Cooperative is Ill It5 final stage.The charityTeceived 3 few legacies during the year and a corporate donation. During the year. procedures and the use of our database have been further stream]ined.We rolled out staff finance trainin&with moretofollownextyear. Unrestricted donations frorn COTnrnitted individuals. local churches and legaaes lincludingGift Aid) are less in 2025. mainly due to past Gift Aid beingpiocessed dwing 2024.. £238.66212024.. £282,193). Total unrestrictedfunds carried forward lindudingdesignated funds) were £73,98912024.. £76,798). Unrestricted funds are vitalto financethe core costs of the charity.which continuetobe care￿IlY nianaged.They also campaign5 and ewent5 which undeTrin so rnuch of the chaTiWs impact. Adesignated fund which was established during 2023 for a project called IEt's End Poverty continued into 2024-25.The fund wasfulty spent duringtheyeaT12024. £20.6481. We have stTODg relationshipswlth ourfunders.who increasingty provide uswith COTnTnitted funding for programmes that will tontinuÉ foT multiple yeats. Continued funding fromThe Cooperative has enabledthe Pantry networkto expand substantially. as the needforfood security grows. Membership subscriptions are received tofacilitateoursupportforall Pantries. The Chuich onthÉ Maigins projÉcLhas ieceivedfunding fvoMthÈunit￿ R@fo￿lea ChurdLthe Methodist Church andtheAshram CommunityTrust to continueto develop the projertwork. Fundin8frorn The Cooperative and an anonyrnous ttusthas allowed the Speakin8Thith to PoweT progT3TklEne to continue to develop fijrther. We ale very sTate￿I to a1lourfunders.and￿rtherdeta1IS about who ha5 fundedwhich PTograinrnes canbefoundin note 4. The carried forward balance of restriciedfimds of £90,10312024.. £71,309) relates to prograTnrne fundingfoilong-term projerts continuingin 2025 and beyond. YourLocal Pantsy We plan to focus on supporting the exisiting nationwide network of Pantries- ensuring the sustainability of the netwoik. SUPFOrtin8PantTiesto deepentheir engagement withtheir members, and creatingopportunitiesfoTthose rneTnbets totake action as part of a widerTnovement. Speaking Trnthto Power We will build on the legary of I￿t'S Endpoverty Isee page 61 to enable people inpoverty to speak tnLth to poweTtO8ether. The issues totackle will be selertedbypeoplewithlived experience of them- beg]ningwith theGoveTnrnent's proposed cutsto disabilitybenefits Church onthe hlargins We will be p￿0t￿8 two new programmes.both designed to equip churches to more effectively Listen to andwork people andcornmunities at the rnaTgins inways that build dignity, agency and power. Engagin8 people and churches Wearedevelopinganew'rnission partners. programme, aiming to deepenour relationshipwith locaL chuTche5 around building dignity. agencyand powertogetheT. We are also moving ChuTch Action on Poverty Sunday so thatfromnowory itwilltake pLate during ChallengÈ Poverty Week in October Operational effectiveness We will continue to focus internallyonsecuring sustainable incomethatwill enable us to deliver our widergoals- providingthe OTgani5ation with Tobu5t 5ySteTns and financial Tnanagement contro15. and nurturing supporterrdations." and tnsuring that we are learnmg from. anddisseminating learmng frorn. our work. Reserves polity Reserwes are held to build resilience and capacity.andto allowchurch Action on Povertyto continue its artivities in the event of a short-term reduction in intome. ToensuTe Church Action on Poverty is ableto continue and extend its ￿taIWork. especially in the contextof the ongoingcost-of-living crisis. wider econornit uncertainty, and growing competition forchaTitable funding. ToworktowaTds a ￿sItIon whereunTestricted income frorn donors is 5uffiaentto coveTthe core tosts of tu[￿1￿8 the organisatio To strengthenourrelationships existjngfunders anddonors, increasing their level of committnent and support. Tocontinuetoexplore otheTways of diveT5ify]"ngourincoTne 5tteaTns and reducing OUT dependence on testricted giantfundin& indudinB thTough COEpoiate partnerships. Eath year the Countil of Matwement reviews howitcalculates the level of free resettves deemed necessary. Factors such as the cost of operating Without any PTograrnme recharges ITestticted grants cover SQEne unrestricted costsl andthe cost of windingup the organi5ation in an ordeTtyway aTe tonsidered.This year, the Council concluded that a range of £34.000 to £45.(KX) of free resettves is appropriate at this tirne. At the end of 2024-25 the level of free reserves li.e. unrestiicted geThe￿I funds) was £73.98912024.. £76.7981.whith slts cornfortab]yabovethepolicyTange. Giventhe ongoing econornic uncertainties.thts is re2Ssuring aswe continue our eveTmtsrevitslwoTk. Our free reserves have increased sli8hUy.However,our level of free reserves requiredhave decreased dueto ourmonthlyoperational costs decTeasing.We are in a strong finanaal position and￿th your continued support vxe will woik hardto en5uie that those experiencingpoverty ate 5UPPOrted and empowered,andthat the structures that keep them in poverty are thallenged. rhe or8anisation's current position compared tothe po]icy's Tange is considered at everyCoun(ilof Management Tneeting.andthe appropriate range of hee TeseTve5 is consideTed everyyear.QTwhen there is asignificant thange in ttrcumstarttts. 16 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 17 structureg governance and management Church Action on Povertydoes not cutrentlyhoLd anyfunds on behalf of any OtherCh￿It1es. statementof responMI)ilitiesof thetrnstees The tTU5tees Iwho aTe also diiectOTS of ChuTch Artion on Povertyfor the PUTP05es of cornpany lawl are Te5P0115iblefoT prepaTing the trustees'annual iepDrt andthe financial staternents in accoTdance with app￿Cable law and UnitedKingdomAccounting Standards (united Kingdom Generally Accepted Accounting practi￿). CoTnpany law Tequire5 the tTustreestOPTeparefinanaal stateTnent5 foTeach financia] yeaiwhich give a trne fairviÈw of the state of affairs ofthe thatitable tompany and of the incommg resourtes and application of resources. indudingthe income and expenditure, of the charitable companyforthat peTiod. In preparingthe5efinanaal statements.the trustees are required to-. Select suitsble accounting policie5 andthen applythem consi5tentiy ObservtthtmÈthods andptintiples inthe Chatities SORP Makejudgements andestimates that are reasonable andprudent State whether applicable UK Accounting Standards and statements of recommended practicehave beenfollowed.subiect to any Material departures disclosed and explained in the financial Staternents The organisation is a charitable companylimitedby guarantee, incorporatedon ljune 1999 and registered as a chaTityon 24 March 2000. The COTnpany was established under a rnernorandurn of association which established theob]-ects and powers of the d￿ritable company and is governed under its artides of assctiation. Members of the charity8uarantee to contribute an amount nOteXceedll￿ £1 to the assets of the chaTityinthe event of windingup. Thetrustees are TneTnbeTS of the £hanty but this entttlesthem onty tovoting rights. Thet￿SteeS have no beneficial inteTest inthe charity. All trnstees yve theirtimt voluntarily andreetive no benefits from the tharity.Anyexpenses reclaimed fromthe charity are set out in note 11 tothe accounts. Trnstee/director election Trustees/directors make up Church Action on Poverty's Council of management.the organisation's goveTning body.Each year.one thiTd of TneTnbeTS of the Council of Managernent TetiTe frorn office at the Ar￿Ual General Meetin&all of whom are eliyble for re-elertion.All members of Churd) Action on Poverty are invited to make nOrn]r￿tions, and newcouncil of Mana8ernent members are elerted at the Annual GeneTal Meeting WheTe there are speofic gaps in skills QT experienrewithinthe Coun(il membership.the Council is empowered to co-opt one ormore additionaLmembers until the following Annual General Meeting. Trnstee/director induction The new ttusteesldirectors undergo an induction proce5swhich explain5 the staffin&structUTe.etc. of the oigani5ation and a half-daysession atthe Chuich Acbon on Povertyofficeswith the Chair.Chief Executive and other ChurchAction onpovertystaff. ganisational strnrture Thefull Council of Managernent meets a minimurn of fourtirnes ayear.The Council opeTates an annual planning cycle. including establishing and Teviewing stTategic prioritie5. agreeing and monitoring an OTgantsational ￿ar plan. and otheE OTBaAisational and opÈAtionalpolities and priorities. An Officers. Group rneetsbi-rnonth]yto discussthe more detailed operations of the charity.The TreasureT is in contart withthe Finance Manageron a TeguiaTbasiStO 5peoficaily di5a15sfinantr&The senior staff meet regularly and the full staff teammeets quarterly as part ofthe planningeyde. Risk management The major ris￿ facingthe charity. as identified by the trustees,havecontinuedto be reviewedand systerns establi5hedtO Tnitigate those risks. The Council of ManageTnent Teview5 Churth Action on Povertrfs Ti5k reg￿ter TeguiaTty.The w)tentia] likelihood andimpaei of eath risk is considered andtsaffic-light tolours aTe used In 2025.as inretertt years, no financiaLrisks havebeen identified as'red.. Ongoing ris￿ that were identified indude.. Lack of fvnLts leading to asignificant financial loss intheyear-this is mitigated by havinga clear funding stTate8y and plans to diversifythe funding SOUTces further.Future fundingfoTecasts aTe provided to the Council at each meeting so that the known end of fundingagreements canbe plannedfor. Budgets are managed carefully and cash flow considered regujartytoensurethat the iisk of a lack of funds is minirnised. Ageing SllPPOrterbase-this is mitlgated by a CTeative supportei ielations strate8yfoTaCtivÈly attrarting newmembers, donors and legacies.Following an in-depth listening process during 2024. a newstTategywill be launched in 2025. Iack of unEe$trictedreserve$- while thi5was seen as a'red, risk a fgwyeaT5 ago it 15 nolonger tonsidered to be so.To mitigate this risk re-arising.our re8ettves policy is dearly linkedto our business plan (see details of our reserves policy above). otherri5ks identified as le5S Significant include the Tisk of fvaud and e￿)[occuTtmg." inadequate ieporting to fundeis". OT inadequate insurance.All of these Tisks are con5ideied TegLdaTly and actionis takento mitigate them when necessary. The Council also continues to take steps toreduce riskby holding cash reserves in a number of separate bankinginstitutions. Prepare the finantial statements on the going tontrrnbasis unless it is inappropriate to presume that the charitywill continue inoperation The tTU5tees are responsible forkeepingpropei accounting records that disclose with Teasonable accuracy at any time the fir￿cla) position of the charitable cornpany and enablethem to ensuie that the financial statements comply with the Companies Art 2006. They are also responsibLe for safeguardingthe assets of the charitable company and hence foTtakin8reasonable steps for the prevention and detection of fraud and0therI￿egU1aTitieS. The ttustets aTe iesponsible for thE maintenance andintegrityof the torporatt and financial infonnation indudedonthe charitable companys website. I￿￿slatiOn inthe United Kingdom goveTningtheprepaTation and dis5ernination of financial staternent5 rnaydifferfroTn legislation in othti jutisdirtions. This report has been prepared in accordance withthe provisions applicable to companies subjectto the srnall companies. Tegirne of the Companies Act 2006. The tTU5tees' annual report has been approved bythettustee5 on 13 SepteTnbeT 2025 and signed on theit beha]f by Is ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 19 Independent e￿￿mI￿r,S statement Financial statements Statement of financial activities linduding income and expenditure account) forthe year ending 31 Match 2025 I report to the charity trustees on my exarnination of the accounts of the company for the year ended 31st March 2025 which are set out on pages 14to 30. Total Totolfunds 2024 funds 2025 Responsibilities andbasis of report A5 the chaTitytTUStees of the company land a150 Its dirertOTsforthe purw>5es of cornpany lawl you are responsible for the preparation of the aetounts in atcordante withthe requirements of the Companies Art 20061.the 2006 Act'l. Having satisfied myself that the accounts of the cornpany are not Tequired to be audited under Part 16 of the 2006 Actr and ale eligible foT independent exarnination.I report Ill Tespect of rny examination of your company s atcounts as carried out under section 145 of the CharitiesAct 20111'the 2011 Act'l. In carrying out my exarnination I have followedthe Directionswenbythe Charity CoEnTnission under Section 145151(bl of the 2011 Act. Independent examiner's statement Since the companys gross income exceeded £250.CK)O your examiner rnust be a rnÈrnbÈTof a body listed in section 145 of the 2011 Act.I confirm that I am qualified to undertake the exarnination because I am a TneTnbei of the As50aation of Chartered Certified Accountants.which is oneof the ]istedbodies. I have completed my examinatiorL I confimi thatno matters have tome to my attention in connectionwith the examination givingrne causeto be]ieve that in anyrnaterial respeci.. l. accounting records were not kept in respect of the COTnpanyas required by section 386 of the 2006 Act." OT 2 the actounts do not atcord with those records.. or 3. the accounts do not comply withthe accounting requirements of section 396 of the 2006Act otherthan any requirement thatthe accounts give a'true and fairviewwhich is not a rnatteT Considered as part of an independent examinahon". OT 4 the atcounts haYÉ not been prepared in attoidance ￿ththe methods andptintiples of the Statement of RecommendedPracticefor accounting and reporting by charities applicable to chaTlties piepaTing their accounts in accordance with the Financial Reporting StandaTd applicablè in the UK and Republic of ITeland IFRS 1021. I have no conterns and have tome across no other matters inconnertion withthe exarnirotionto which attention shouldbe drawn inthis report in orderto enable a proper undeTStandin8 of the account5 to be reached. Donations and legacies Charitable activities= grants. Subsiriptionsand other incorne In¥estments £238,662 £28.700 £4,522 £5,562 £28,769 £359,400 £117,045 £267,431 £388,100 £121,567 £5.562 £315.908 £322,872 £105,249 £2,980 Raisingfunds, Chartt3ble artivttTes° £61.227 £178,387 £61,227 £705,448 £58,919 1760,660 £527,061 £37.832 1£2L8471 £15,98S (£72,570J Realised 8ainslllossesl on investments Unreali5ed gains111055e51 on investments £37W2 1£40,6411 1£24M7) £40,641 794 915 (£72.570J Transfer between funds U5, {£72,570J Total funds brought forward £76.798 £73,9•9 The5tatErnentoAfinoncioloctivttie5iniludes oIIgUjll5 und1055ES recognised theyEQf. Allincome onde¥pendituiederivefrom continuin9 attivities. £71,309 £148,107 £X64,0 £220,677 £148,IQ7 JennifeT Dan￿1 Slade & Cooper Limited Beehivemill Jersey Street Ancoats Manchester M4 6JG 06/10/2025 20 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 21 Balance sheet as at 31 March 2025 statement of cashflows forthe year ending 31 March 2025 2024 Flx•d *#•ti Tangible assets Investments 202S CI5h flows froTn in¥e5ting adivrtie5 Dividends, interest,and rentsfrom investments p￿eed5frorn saleof tangblefixed a55et5 Purcha5eoft4nwblEfixed a55ets Proteeds from saleof investments T•tsl r￿d ais•ts £5.562 £2.980 stock Debtor5'° £56.093 £165,032 £224125 £52.852 £121.814 £174.666 Cash at bank and in handls Purchaseof iDve5tments Total £10.025 £24,167 £5.lJlXI £￿,015 £24,167 £391,593 £23.198 £1,871 £3.878 Totsl 2025 RestrktedÈxpendtture U1)￿tricted expenditure Designated expendtture £527,061 £143,264 £35,123 £569.289 £182,019 £9.352 26 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 27 9 Analysis of governance and support costs 13 CoTroration tax Thetharity ￿ exemptfyomtaxon income and8ains fallin8Within Chapter 3 of Part 11 ofthe CDrprationT3xAd 2010or Section 256 ofthe Taxatson of ChargeableGaingAci 1992 tothe extentthatthese are appiiedtD its charitable objerts.No taxchaT8eshavea[￿enInthe chanty. 14 DebtoIs Accountancy Servi￿5 Trustees. expenses Meeting costs Governan £1.230 £821 £1.230 £821 Governan Governance £877 otherdebtry5 GiftAid £20,571 £26.521 £9,001 £17,890 Prepaymertsand accrued income £34.962 Atcountartcy services Trustees. expenses Meeting costs Governan £1.170 £1.446 £1.262 £1.170 £1.446 £1.262 Gi)vern3nte 15 Cash at bank and in hand Governance 5hort.term dtpostls Cash at bankand in hand £60.000 £61.814 10 Net income/lexpenditurel forthe year is statedafter charginglcreditingl.. £165￿32 Independent exarninerf5fee £1.230 £1.170 170 16 Creditors: amounts fallin8 due within one year TradeiTeditors £21,428 £12,605 £23.0(K) li staff costs Othercreditors and a((wals £26.559 staff costs duringthe yearweieas follow5". Ir￿Me Wages and salarles Social security costs Pension costs £487.161 £42.819 £47.118 £2.058 £5.016 £497.338 £44334 £47.132 £1.771 17 Anatysis of rnovements in Testricted funds lTr(om• Olher staff costs Redundancy and termination costs TraTrsf•rs April 2024 £2Q942 £45.809 £4.558 £7&31J9 Panty hurthonthemawns peakin8Tnrthto PoW￿r T￿al {£375.1751 1£74.0221 1£77.8641 {£527,1￿¥ £33.737 £24.410 £61.¢)20 £4.673 £90, £89233 £71.075 £505a14 Allocated asfollows". £6.904 £40,641 Cost of tsisingfunds Charitable activities Totsl £51.218 £532.954 £49.193 £541.382 Balantt *1 I Apv512023 £343 -ReliantGro Your ￿31 Pantty hur(hontheMargin5 peakingTruthto Power £28ffj41 £304,959 £39,191 £75.796 £4W517 1£28,9841 1£391,5931 1£23,1981 11125.5141 I£wJJ89) No employeehas employeebenefits inexcess of £60.0(M)12024 n]11 The average numbeTof staff employedduring theperiodwas 1512024" 15 31. The aVe[agef￿l-tirneeq￿IvaIe￿t nUm￿[0f staff employed d￿]ngthe pEiiodwd5 1512024". 151. The ratiobetween the salaties ofthehighe5t-paid and lowest-paidstaff tnetnbeTS TNa5 1.6."112024".2."11. The key managementpersonnel ¢fthe charityCOTnFrisethe tTUSteEs andthpieadershipTeam.Thetotal employee bettefits of the key managemettt petS0t￿e1 ¢f the ¢haritywere £197.28212024..£235.8501. £42,432 £29.816 £34.906 £107.497 £65,144 £20.942 £45,809 £4.558 £71,509 £19,370 £84,$ 12 Trnstee remuneration and expenses. and related party transactions SeW-ReliantGroups YourLt)tal Pantry Chur(h onthemargins Togrowa netwolkof 5elf-ReliantGroups Tts8vowa nthorkof Pantriesoffering dignity, choice and hopÈ Toexplore howchurihe5can betterpriorit15e marBinali5ed peopleand c(ynmunitie5 Neitherthe management committee nor anypersons connectedwiththem receivedanyremunerationor Teimbursedexpenses duringthe yeaTI2024".nill. 5 members of theTllanagementconurLittee Teceivedtrdvel andsubsi5ten￿expenSes thllinEtheyearof £1.022 12024."£1.4461. Aggregate donationsfrom relatedpartieswere £3,83712024."£2.9191. There are no donations fromrelated partieswhich aTeoutsidethen0rn131courseofbusinessandnorestricted donabonsfromrelatedparties No trLJStee orotherperson relatedtothe thantyhadanypersonal ￿terest in any contractortransactionentered into bytheCh￿lty.incl￿dlnggUaTantees,I]UnngtheYear12024..nd) Rithjonesisatrusteeand Isa]soemployedby aYouTkncal PantymernbeTorganisation.Member5hip Subs￿lptio￿sTeCe[Ved￿hU]n8theYeaTt0taI£2.s40. Speakin8Truth topower Totrain and suprA)rt peoplewith lived experience of povertytotampaign for chan8e TrattsfeJs repTe5entsubsidieSf￿TnGe￿eFa1 funds tosupporta(tisnties.Thebalances at 31 Maich 2025 reFTesent the antitipatedexpenth.ture in 2025-26 againstthe regtriciedincornea]readyreceived. 28 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 29 18 Analysis of movements in unTestricted fi￿aS Cun•rt iyortlry perfod B*nceat I Aprfl 21 Reconciliation of net movement infunds to net cash flow from operating artivities £15.985 General fund Designated funds Total (£72.570J £56,150 £20,648 £76,798 £272,178 £5,269 £277047 1£204,4921 1£35J231 {£239,6X51 (£49,847) £9.206 £73.989 Dividends. interest and rents from investments Decrease/lincreasel in debtors Increase/ldKreasel in creditor5 1£5.5621 1£3,2411 £30,474 1£2,980J £44,273 £660 £74989 r•pvtlry p•rfod Aprfl 2025 General fund £113.180 £248.422 £50.COJ (£240,938) 1£9.3521 {£250,1901 1£64.5141 I£20,(￿) (w,5￿) £56.150 £20.648 £7479S Designated funds Total £113J80 GeneTalfund Thefree resev¥es afterallowingforall de5ign*e41fvnds Unrestricted funds designated bythe trusteesfor speual projertsand desciibed on page 8 oftheTrustees'Annual Report. Designated funds Transfers repregent subsidies to Restrictrdfundsto supprt ut)derfundÈd activites. 19 Analysis of net assets between funds Cumrt reportlry perlod Tangible fixed assets Fixed asset it)vestments Net current a55ets1lliabilitie51 Creditors of tnorethan one year £73.989 £90.103 | Total Pmlou6 r•portlry ￿rfo1 T•tsl fvnd5 Tangible fixed assets Fixed asset investments Nel current a55et511liabilitie51 Creditors of moTethan one year £56,150 £20,648 £7L309 20 Operating lease commitments The charity5 total futureTninirnutn lea5eFayrnentsurtdeTnon-¢an¢ellabieoperatingle¥ses isasfollowsfoTeach of thefollowirt8 periods. £810 £9,720 29.970 Onetofi¥eyears Total £810 £39.690, The charity rnoved premise5 in May 2025 and is on a Tolling 30 days agreementhe￿￿ no futUTe lease commitments. 30 ChurchArtion onpoverty Limited 2025 at)nual review and financial statements 31 At a glance Where our money came from Grants= £388,100 16°A Donations and legacies: £267,431 34% Subscriptions and other income= £121,567 Investments: £5,562 50° <1% How we spent it Your Local Pantry.. £375,175 Core campaigns and events- £140,336 Speaking Truth to Power.. £77,864 Church on the Margins: £74,022 Let's End Poverty.. £35,123 8°A 18% IOYO io. Cost of raising funds: £61,227 Governance costs: £2,928 ¥li Find out more and get involved at vvww.church-poverty.org.uk Shared Space Initiative, Ground Floor, Oakland House, Talbot Road, Old Trafford M16 OPQ 0161872 9294 info@church-poverty.org.uk Church Action KIO 1¢ @churchpoverty -on Poverty Company limited by guarantee. registered in England and Wales, number 3780243. Registered tharity number 1079986.