REGISfERED CHARrrY NUMBER: 1082686 REPORT OF THE TRusfEES AND uNAuED FIIANCIAL sfATEIAEKrs FC* THE YEAR ENDED 31 IAARCH 2025 FOR GOD5foNE TABERNACLE (Forrnerly Handcroft Chyl) Able & young Chartered Certified Accountants AirFKrt house Purtey Way Surrey CRO OXZ
GOD¥foNE TABERNACLE coKrEp¥fs OF THE FINANCIAL sfATEMEprrs FOR THE YEAR ENDED 31 IAARCH 2025 Report of the Tnte5 Independent Examiner's Report Statement of Financial Actlvftfe5 Balance Sheet Notes to the Flnancfal Statements 7 to 11 Detalled Statement of Flnandal Actfvltles 12
GODSTONE TABERNACLE REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 AIARCH 2025 The trustees present their report with ttre financial staternts of the charlty for the year erKled 31 hlarch 2025. The trustees have adopted the provislons of Accounting and Reporting by Charities: Statement of Recommended Practlce applicable to charltles preparing thelr accounts in accordance wlth the Financlal Reporting Standard applicable In the UX and Rewbiic of Ireland IFRS 1021 (effect7ve 1 January 20191. oEcnVES AND AcnviTIES The charity TS established for the a(fvanceffEnt of the Christian relw both in Swth London and overseas, and secondarily for the relief of need, hardship and distress. The charity ovms a place of WCshIP Whe twice weekly Bible based Christian teaching is provided. Services are open to all who ¥Sh to come irre5pectTve of their background. Services are streamed live via the intemet to those congregants wkj might not be able to attend in person and to many crther churche5 oYer5eas in Europe, Indla, Africa and acr055 the wortd. We also have an exhaustive archfve facility on the church website whlch allows bellevers. to view serYice5 at a later date should they wish to. The charity contlnues to offer a varlety of other resource5 including, help and guidance to young people, regular youth activitie5, Christian counselling. Sunday School classes. marriage guidance and hosts caSIonaL lebratOry events. The Tru5tee5 are sat7sfied that the charity ha5 perfomd weil this year and has delivered publlc benefit locally, helped many overseas chUrCS and endeavoured to relieve hardship and distre5S to many. ACHIEVEME1 AND PERFORMANCE The con¥re8ation attending local services has slowly increased and is now close to 2). Thi5 15 nKistly as a result of a few congregant5 from Nigeria and their fam?ITes moving Into the area. We continue to have many overseas groups and churches that h)k up to our online services and all the ser4kes are translated into French, Spanish, Romanian, Swahili and Hindi. Our website is actively maintained and updated on a dally ba515 by an experienced group of technicians. It ts an extremely well-u5ed facility used by trKJth Ial members and our overseas rrEmbership many of whorn help support the charity financially. It is of particular value to those who are sick. elderly or disabled and who cannot easily travel to the services. As well as conducting twi weekly services on Sunday5 and Wednesday evenings, the church also provide5 youth services and activities wfilch are arranged by the Youth hlinistry Team at regular intervals throughout the year. Every Sunday there is a Sunday SCIM( class for chlldren of 3-11 years and "Alpha Classes - for the 11-16-year age group. We also have a creche facility for mother5 With young babie5 and a discreet area within the creche facility that is set aslde for breast feeding mothers. Durlng the last year we have malntalned an ongoing commitment to overseas rnissionary work and have administered financlal asslstance to a number of churches to help support conventions of affiliated churches in the DeMratIe Republlc of the Congo, South Africa, Indla, Kenya and Nigeria. Our Impact on the local community is achleved Pri1>allY by providing a place of worship and twice weekly servlces which are open to all. As mentioned prQu$1Y. we continue to provide marriage guidance, counseLling, mental health supp)rt for young people, spiritual help as and when needed. In addition, we endeavour to relieve hardshlp, and provlde help and suprM)rt for those suffering distress. the elderly, those living in poverty, and the sick or disabled. Examples Include our sw)port for a wdow in Uganda, helplng with the medical expen5e5 of a pastor in India and sw)nsoring a mlnister to take the Gospel to isoialed cornmunitles In the Republic of Con80. In 2023 and foiiowlng a vote of the trustees the name of the charity was changed from Handcroft Chapel to Godstone Tabernacle to better align it with the local area as the chwch 15 rxjsitioned just off the Godstone Road. This was approved by the Charlty Commlsslon. FINANCIAL REVIEW During the current financlal year, we observed an Increase in thnations amwnting to £416k {wevlou5 year £306k), attributable to growth in both local Church membershlp and participation from online nmbers attending Church Services. We also provided support for Intematlonal mlsslonary conferences in Belgium, Chile, South Afrlca, Congo, Kenya, Indla, Togo, as well as a youth conference in Germany. Alt1xgh our expenses remained largely conslstent WTth previous years at £357k (previous year £352kl, investments of £17k were made to upgrade audio.visual eqUlpnnt and £3k to construct a stage for Sunday School and youth concerts and perforniances. As a result of the hlgher Level of donations, we are pleased to rep)rt an overall surplus for the year of £1C6k. Page 2
Investment polky and objectives The trust deed authorises the tnjstees to make and hdd investrnents usinq the general fuids of the charity, but Th) such investments are presently held. Reserves policy It is the wlicy of the charfty to maintaln unrestrlcted funds at a level whlch equates to approxlmately £15.OLIJ unrestricted expenditure. Th15 w0deS sufflcient funds to cover managernent, admlnlstratlon and support costs. Unrestricted funds are malntalned at least at thls level throughout the year. STRucfuRE, GOVERNANCE AND MANAGEIIEKr ¢vernIng document The charity wa5 established by Pastor Kevin Blewett 4 Fetmry 1996 and Is constltuted by a deed of trust, and was registered wlth the Charity CommIssn in September 2(. Recrultm•nt and appolntrnent of new trustees The ttee5 are appointed frorn the Menth7p of the cFwrch on an anwal basis in accordance wlth the constltutlon. Rtsk management The trusiees Identify revfew the risks to which the charity ts exposed and ensure appropriate controls are In place to provide rea50nabie assurance a8ainst fraud and ffror. REFERENCE AND ADMINisfRATIVE DEfAILS Reglstered Charlty nuff*)er 1082686 Principal addre55 Godstone Tabernacle Sylverdale Road Purley Surrey CR8 2DT Tnte•S A Shepherd-Prlnce W Chapman Dr M O King {Chairman) L S(KJsalpllai S ShU.DlSU Indepertht Examiner Rekha Shah FCCA, CTA Able & Young Ltd Chartered Certified Accountants Airport Tr$e Purley Way Croydon CRO OXZ Secrètary Slmeon Blewett Treasurer Mark Njoroge srATEMEKf OF TRUSTEES. RESP(I4SIBILmES The trustees are re¥Kinsible for preparing the ReFrfJrt of the fru5tees and the flnanciai statements in accordance with applicable law and United Klngdorn AccJnting Standards (United Kingthm Generally kcepted Accounting Practice). The law apptKabLe to charities In England and Wale5, the Charities Art 2011, Charity (cjntS and Reports) Re¥ulations 2iK18 and provlskjns of the trust deed require the trustees to prepare flnarKial statements for each financial year which give a true and fair view of the state of affair5 of the charity and of the Incoming resrceS and application of resources, including the income and expenditure, of the charity for that period. In preparing those finala1 statements, the trustees are required to Page 2
select suitabte accounting wlfdes and then apply them consistently: observe the metws and principles in the Charlty SORP. make judgements and estimates that are reasonable and prudent; prepare the financial statentS c¥) going Cern basis unless It Is Inapprowlate to presume that the charity will continue in l)u51rte55. Page 2
GODSf(X4E TABERNACLE REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 STATEME1 OF TRUSTEES. RESPONSIBiullES- continued The trustees are re5pMsible for keeping proper accountlng CordS vthich disclose wlth reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements compiywith the Charities Act 2011, the Charity {Accounts and Reports) Regulaticffis 2(M)8 and the provlsion5 of the trust deed. They are also responsible for 5afeguardlng the assets of the charity and Ince for taking reasonable steps for the weventlon and detection of fraud and other irregularitie5. Approved by order of the Imwd of trustees on 28.01.2026 and signed on its behalf by: Dr Matthew O KiD8 - Tnjstee Page I
INDEPENDEKf EXAIAINERS REPORT TO THE TRusfEES OF GoDONE TABERNACLE Independent exaffline<5 report to the tru5tee5 of Godth Tabernacle I report to the charity trustees on my examinatlon of the accwnts of GOdSt Tabemacle (the Trusth for the year ended 31 hlarch 2025. Rèsponslbllftles and basls of report As the charity trustees of the Trust, you are resw)sth for the weparation of tIE accounts in accordance WTth the requirements of the Charities Act 2011 {'the Act.). I reF<rt in respect of my examinatSon of the Trust's aCcOts cathed wt under sectirm 145 of the Act and in carrylng out my exarninatlon I have followed all applicable Directluns given by the Charlty Conynlsslon under sectkjn 14515)Ib of the kt. Independent exarnlnerfs stateme Since your charitys gross Income ekceeded £250,OCI) examiner be a member of a Ilsted tKW. I can confirm that l am qualified to undertake the examination becalse l am a wistered rrEmber of Chartered Accountant which is of the listed bodies. I have completed my examination. I confirni that no materfal matters have conE to ry attentlon In tonnectlon with the examlnatlon Wvlng ffe cause to believe that in any materlal respect: accounting records were not kept in respect of the Tnt as required by sectlon 130 of the Act. or the accounts do not accord wlth tIKise records. or the accwnts do not comply wlth the applicable requirements cOernIng the fo and content of account5 set out in the Chthtles (Accounts and Reports) ReSatn5 2(Kl8 other than any requirement that the Kcounts give true and falr which Is not a matter considered a5 part of independent examination. I have no concerns and have come across other matter5 in con1CtiOn with the examination to whlch attentlon should be drawn In thls report in order to enable a proper understanding of the accounts to be reached. Rekha Shah FCCI crA Able & Young Chartered CertIfd Accwntants Airport house Purley way Croydon CRO OXZ Page 4
GODsfoNE TABERNACLE srATEIAEirr OF FINANcL ArnmES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted fvnd Restricted funds INCOME AND ENDOWAIEKfs FRO Donations and legacies 462,154 462.154 347,681 Investment income other income 1.197 1,197 539 Total 463,351 463,351 348.220 EXPENDrruRE ON Other 357 201 368,255 NEf INCOIAE I,150 106,150 {20,0351 RECONCILIATICY4 OF FUNDS Total funds brought forward 8CO,041 125,277 925,318 945,353 TOTAL FUNDS CARRIED FORWARD 1,031 468 925 317 The notes foTrn part of these finarKial sLitements Page 5
GOD5rlE TABERNACLE 8ALANCE SHEEr 31 AIARCH 2025 2025 Total fund5 2024 Total funds Unrestrlcted fvnd Restrlcted fund5 Notes FIXED ASSErs Tangible a55ets 913.284 125,2TI 1,038,561 1,035,382 CURREKf ASSErs Debtors Cash at bank and in hand 98.632 98.632 52,210 202,336 202,336 116,888 CREDrroRS Amounts falling due vAthin one year (35,180) (35,1801 139,397) Nrf CURREKf ASSErs 167 156 167 156 77.491 TOTAL ASSEfs LE55 CURREKf UABILrriES 1,205,718 1,112,873 CREDoRs Amounts falling the after rnore than year 1174,250) (174,250Tr 1187,5561 NEf ASSErs 906,191 125.277 1,031.468 925,317 FUNDS Unrestrlcted funds Restrlcted funds: Jildlng fund 11 rA)6,191 125 277 TOTAL FUNDS 925,317 The financial sLitements were approved by the Board of Trustees and authorised for issue on 28th January 2026 and were slgned on its behalf by: Dr Alatthew O Klng . Trust The rn)tes fom part of these fInala1 staternents
GODsfoNE TABERNACLE NOTES TO THE FINANCIAL sfATEMEtrrrs FOR THE YEAR ENDED 31 MARCH 2025 ACCOU11NG POLICIES Basis of preparfng the flnandal statements The financial statements of the charlty, whkh Is a wblk beneflt entlty under FRS 102. have been prepared Sn accordance with the Charitie5 SORP {FRS 102) 'kcwnting and Reporting by Charitle5: Staternent of RecomnEnded Practlce applicable to charitTes preparing their accounts ID accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)., Financial Reportlng Standard 102 The Financial Reporting Standard applicable in the UK and Rewblic of Ireland, and the Charltles Act 2011. The financial statements have been prepared under the historical cost convention. Inc¢xn• All income is recogni5ed in the Statement of Finala1 Attivities once the charfty has entltlen*nt to the funds. it is pmbabie that the income will be received and the arrrf)unt can be measured reliably. Expendlture Liabilities a recognised as expenditure as soon as there is a legal or constriKtive obllgatlon committlng the tharity to that expenditure, it is probable that a transfer of economic benefits will be requlred In settlement and the amount of the obiwiation can be ured reliably. Expenditure is accounted for on an accruals basis and has been classified under freadings that aggregate all cost related to tPe category. Iyhere costs cannot be dlrectly attributed to particular headi5 tly have been allLKated to actfvltles on a basis conslstent wlth the use of resources. Tanglblè flx•d assets Depreciation is provi(kd at the following annual rate5 in wder to wrlte off each asset over Its estlmated useful Ilfe. Freehold property Fixtures and fittings EqUiwnt in accordance wlth the prop 25% on c05t 25% on cost Taxatlon The charity 15 exernpt from tax on its charitable activities. Fund accounting Unrestricted fund5 can be used in acccwdance with the charltable objectives at the discretion of the trustees. Restricted funds can only be used particular restrlcted purposes within the object5 of the charity. Restrictions arise when 5pecifEd by the domr or when are ralsed for particular restricted wrposes. Further explanation of the nature arKI purp)se of exh fvnd is iled in the Mtes to the financial statements. INVEsfMEKf INCOME 21Y25 2024 Deposlt account interest 539 Page 7 contlnued...
GooNE TABERNACLE NOTES TO THE FINANCIAL ATEME[$- continued FOR ThE YEAR ENDED 31 hilRCH 2025 TrUSTEES' REMUNERATION AND BENEFrrs There was no trustee'5 remuneratlon or other benthts for the ar ended 31 March 2025 rK)r for the year ended 31 Nlarch 2024. Trustees. expenses None wre clalmed. COIIPARATNES FOR THE 5fATEIIEKf OF FINANCIAL ACEs Unrestricted fund Restricted funds Total fund IMCOME AND EMDOWMEiifs FROAI Donation5 and legacles 347.681 347,681 Investment income Other income 539 539 Total 348,220 348,220 EXPENDITURE ON Other 368,255 368.255 NEf INCOIAE 120,0351 (20,0351 RECONaLIATION OF FUNDS Total fund5 brought forward 820.075 125,277 945,353 TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSErs Flxtures and fittings Freehold pro Equipment Totals COST At 1 April 2024 Additions Disposa15 1.134.256 75,106 3,587 132,006 17,028 1,341.368 20,615 At 31 March 2025 1 1342% 1 361 983 DEPRECIATION At 1 April 2024 Charge for year Disp05a15 114,333 10.199 71,442 1.631 120,211 5,605 305,986 17,435 At 31 March 2025 124 532 125 816 323 421 NEf BOOK VALUE At 31 March 2025 1 038 562 At 31 March 2024 1.019,922 11,795 1,035, 382 Page 8 contlnued...
GODsfoNE TABERNACLE NOTES TO THE FINANCIAL STATEMEKfs - continued FOR THE YEAR ENDED 31 AIARCH 2025 DEBTORS: AMouKf5 FALLING DUE THIN ONE YEAR 2025 2024 Other debtors CREDrroRS: AIAoui¥fs FALLING DUE wfTHIN (XIE YEAR 21525 2024 Bank loans and overdrafts15ee note 9 Other creditors 12,528 11.333 28.064 CREDrroRS: AAioui¥fs FALLING DUE ArrER IAORE THAN ONE YEAR 2025 2024 Bank loans (see rte 9) 187 556 LOANS An analysls of maturity of loans is given below: 2025 2024 Amounts falllng thje within (ne year on demand.. Bank loans Armunts falling due in more than fwe years: Repayable by instalments: Mortgage 174,250 187,556 10. SECURED DEBTS The w4)rtgage 15 secured on the freehotd woperty. AloVEMEP IN FUNDS Net movement In funds At 31.3.25 At 1.4.24 Unrestrfrted funds General fund 106,150 906,191 Re5trlrted fund5 Building fund 125.277 125,277 TOTAL FUNDS 925 317 106,150 1.D31,468 Page 9 contlnued...
GODsfoNE TABERNACLE NOTES TO THE FINANCIAL STATEMEPtrs - contlnued F¢Jl THE YEAR ENDED 31 MARCH 2025 11. MOVEME IN FUNDS. contlnued Net movement in funds, incl{d in the above are as fouows: IOming re50urces Resource5 expended Ilovement in funds Vnrestrkted fun& General fund 463,351 1357.2CA)I 106,150 TOTAL FUNDS 357 2(KJ) Coffyaratfves for movement fn funds Net vement in funds At 31.3.24 At 1.4.23 Unrestricted fund5 General fund 820,075 {20,0351 Restrkt•d funds Building fund 125,277 125,277 TOTAL FUNDS 945,353 20 0351 925 317 Comparative net >Veent in fund5. TKILxled in the aiK)ve are as follobys: IornIng resource5 Resource5 expended Alovement in funds unrestr1¢t funds Gerral fund 348,220 1368.2551 120,035) TOTAL FUNOS 368 2551 20 035) A current year 12 and prior year 12 months c(*rt>ined poSitn is as follows: Net nx)vement in funds At 31.3.25 At 1.4.23 Unrestrfcted funds General fund 820,075 86,116 906,191 Restrkted funds Buildin¥ fund 125,277 125,277 TOTAL FUNDS 945,353 86.116 1.031 468 Page 10 continued...
GODsfoNE TABERNACLE NOTES TO ThE FINANCIAL sfATEAIElfS- c(•ntlnued FOR THE YEAR ENDED 31 IAARCH 2025 IAOVEIAEKf IN FUNDS - cortinued A current year 12 months and prior year 12 rr1th5 comb1r1 net myement In funds. Included In the al)ove are as follov*5: Incomlng resrceS Resources expended Movement in funds Unrestrlrted funds Genernl fund 811,571 In5,455) 86,115 TOTAL FUNDS 811,571 n5 4551 86,115 12. RELATED PARTY DISCLOSURES There were no reLited party tranwtTr)ns for the year ended 31 March 215. Page 11