Charlty reglstratlon number 1083020 (England and Wal8s) Company registration number 04009248 BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Caladine Chartered Certified Accountants
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL LEGAL AND ADMINISTRATIVE INFORMATION Trustses Mrs J Barrett Mr R Lamb Ms C Yates Charlty number {England and Walesl 1083020 Company number 04009248 Prlnclpal address Hamilton Hall Eastwood Road Bexhill on Sea East Sussex TN39 3PS Reglstsrod offlco Chantry House 22 Uppertan Road Eastbourne East Sussex 8N211BF Independont examlner John Caladine FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN2118F Bankers Lloyds 17 Wlellington Place Hastings East Suss8X TN34 1 NX
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL CONTENTS Page Trustees report Statement of Trustees responsibillties Independent examlnerfs report statement of fin8nclal activlties Statement of ffinanclal posltion Notes to the financial statements 8-16
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Church's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019)" Objectlves and actlvltles The Church's objects are.. 1. To advance the christian faith by such means as the church shall detemiine from tlme to tlme. 2. To relieve persons who are in conditions of need. hardship, or distress. 3. To educate and assist young persons through their lelsure time a1VitieS so as to develop physical, mental and spiritual capacity. 4. To advance christlan rellgious education and training and educatlon In family Ilfe and relationships. To embody these objects, the primary purpose of the church is to worship God and represent Jesus Christ and His word in the town through a strong representation of the Pentecostal Christian faith in the community. The Church carrles out a number of activities to fulfill its objectives. These include.. (al Different activities to encourage and develop membership of the Church e.g. a Iiv81y style of worship, continued pastoral support to church members, e.g. new membership evening5, meals togelher and the introduction of a specialist Bible teacher to engage the church members in a more meaningful way. (b) Interact with the local communily, mainly through the children's Sunday Invaders Club, the quiz nights and trips to which members are free to invite family and friends {c) Special services with invited speakers within Assemblies of God organisation. (d) Continued representation at regional and national Assemblies of God event8. The Trustees have paid due regard to guidanc8 issued by the Charity Commission in deciding what activities the Church should undertake.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and performance The church continues to be a vibrant Pentecostal representation of the Christian faith in the community with its principal goal of worshiping God, fashioning a place and preparing our parishioners for spiritual growth and maturity while making Jesus Christ known and exemplifying his word in the community. The church continues to maintain and develop a close relationship with Assemblies of God UK as one of its primary objective in bringing the very dynamic Pentecostal experience to the town. In erac A church service takes place Sundays am and Wednesdays pm, also a program for kid and young people continues to inform and inspire the Children. The church continues to maintain links with other local churches mainly through Churches Together in Bexhill. Engaging with the wider communty through weekly food clothes, bakery, toiletries, baby dothes, fruit & vegetables giveaways organized by the church to help the less fortunately in our community, a basket ball training program for young people, door to door interaction, street evangelism, leaflet drops, to forge friendship and to familiarize the wider public with the church, Movie Nights, social evening etc. Different activities to Improve membership of the church e.g. a modern lively style of worship, inspirational Blble teachings to Insplre the church in a more meaningful way continued pastoral care and support to church members. Special services with invited speakers, Christian calendar events services and celebration, contlnued representation at regional and nats'onal Assemblies of God events. The church attendance has fluctuated over the year. Our Sunday moming services and midweek Bible Studies are held in the church building though we still make the Sunday Services available via zoom as some people engaged through this platform. The church membership has held stable for the year with the exceptions of a few people leaving- overall, we gained a few more than we lost. This is a direct result of new people moving into the area and the church is more known in the community. We continue to spend on the maintenance and preservatlon of the building ensurlng that it remains comfortable, secure, and welcoming to all. Interior and exterlor walls paint refreshed. The premises kept dean and tidy, new Interior and axterior display posters installed and maintained. Resurfacing of the paved area around the church is still in need of repair, it remains our intention to get it repaved, regrettably we were not able to get this done as we had intended but hope to do it as soon as the funds become available. Pastor Dale Barrett a full accredited minister with (AOG) Assemblies of God UK continues to lead the church on a salary. Monies have been used to provide a measure of support and subsidy to enable and motivate church members and make material provision to promote and enable considered activities to take place. Accountancy and Payroll services, filing and registered office fees. Publicizing of church activities, website upkeep and printed materials. Salary for employed minister. Payments to visiting speakers for varied church activities. SFxinsorship of child. money for Missionary work abroad and Ukraine Appeal utilities- alectriGity, water, gas, phone, internet, zoom etc. Insurance and Copy Right charges Membership and subscriplion to ASmblIeS of God, CTIB, Evangelical Alliance, UK Umbrella Services etc. Materials and supplies for kids program, church office, and catering etc. Church fellowship meals Iget together subsidies.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial review There was a surplus on unrestricted funds for the year of £2,489 (2024.. surplus of £2,765) leaving unrestricted reserves of £131,908 (2024.. £129,419) carried forward at the year ended 31 March 2025. Reserves pollcy It is the policy of the Church that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure of say £15,000. TfE trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Church's current activities while consideration is given to ways in which additional funds may be Rlsk factors The Trustees has assessed the major risks to which the Church is exposed, and are satisfied that systems are In place to mitigate exposure to the major risks. Structure. governance and management The Church is a company Ilmited by guarantee, registration number 04009248 registered wlth the Charity Commission in England and Vvales, registration number 1083020. The Trustees, who are also the dlrectors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mrs J Barrett Mr K J Jones Mr R Lamb Ms C Yates (Resigned 2 April 20241 None of the Trustees have any beneficial interest in the company. Each member has a liability of £10 in the event of a winding up. Additional trustees are appolnted by the majority vote of the existing trustees. Suitable training Is provided. The day to day activltles of the church are led by the Elders and pastoral staff. These report to the trustees who meet on a regular basis. The Trustees report was approved by the Board of Trustees. Mr R Lamb Trustee Dated.. Woctober 2025
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees. who are also the directors of Bexhill Communty Church for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church and of the incoming resources and application of resourc&, induding the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., - observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent. stste whether applicable UK Accounting Standards have been followed, subject to any material departure5 disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church viill continue in operation. The Trustees are responslble for keeping adequate accounting records that disclose wlth reasonable accuracy at any time the financlal position of the Church and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularits-es.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEXHILL COMMUNITY CHURCH I report to the Trustees on my examination of the financial statements of Bexhill Communty Church (the Church) for the year ended 31 March 2025. Responsibilitles and basls of report As the Trustees of the Church (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the Church are not required to ba audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Cliurch's financial statements carried out under section 145 of the Charities Act 2011. In c8rrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(bl of the Charities Act2011. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attentlon In connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Church as required by sectlon 386 of the Companies Act 2006. the financlal siatements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is ncrt a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the ststement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. John Caladlne FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1BF zg October 2025
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestrlctsd Restrlcted funds funds 2024 2024 Totsl 2025 2024 Notes Income from: Donations and legacies Investments 35,211 260 35,211 260 34,251 140 34,251 140 Total Income 35,471 35.471 34,391 34,391 Expendltur6 on: Charitable activities 32,982 32,982 31,626 31,626 Total expendltur• 32,982 32,982 31,626 31,626 Net Income and movement In funds 2,489 2,489 2,765 2,765 Reconclllatlon of fund8: Fund balances at 1 April 2024 129,419 178 129,597 128,654 178 126,832 Fund balances at 31 March 2025 131,908 178 132,086 129,419 178 129,597 The statement of financial activities includes all gains and losses recognised in the year. All income and expendlture derive from contlnuing activitles.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Property, plant and equipment 10 90,170 90,551 Current assets Trade and other receivables Cash at b8nk and in hand 11 5,285 39,478 6,955 34,918 44,763 (2,847) 41,873 (2,827) Current liabllftle8 12 Net current assets 41,918 39,046 Total assets less current Ilabllltles 132,086 129,597 The funds of the Church Restricted income funds Unrestricted funds 14 16 178 131,908 178 129,419 132,086 129,597 The company is entitled to the exemption from the audit requirement contsined in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2008 wrth respect to accounting records and the preparation of financial statements. The members have not required the company to obtaln an audit of its financial statements for the year in questlon In accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on October 2025 s J Barrett Trustee Mr R Lamb Trustee Company registration number 04009248 (England and Vlales)
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policlos Company Informatlon Bexhill Community Church is a private company limited by guarantee incorporated in England and Wales. The registered office is Chantry House, 22 Upperton Road, Eastboume, East Sussex, BN21 1 BF. 1.1 Accountlng conventlon The financial statements have been prepared in accordan with the Church's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102> (effective 1 January 2019)" The Church is a Public Benefit Entity as defined by FRS 102. The Church has tak8n advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functlonal currency of the Church. Monetary amounts in these financial ststements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accountlng policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectlves. Restrlcted funds are subject to specific condltions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Incomo Income is recognised when the Church is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the Church has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Church has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Contlnued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefrts will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocat•d dir9Ctly to that activity. Shared COGt6 which contributc to more th8n one activty and support costs which are not attributable to a single ath'vity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use. Expenditure Is recognised in the period in which It is incurred and allocated to the particular cost centre to which it relates. Expenditure includes irrecoverable VAT. 1.6 Property, Fixtures and Equipment Propety, Fixtures and Equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment10sses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives. As the building is maintained to a fair standard, it is considered the residual value is above the cost so the original building purchased is not depreciated. Improvements to the building are however depreciated at 100 on a straight line basis. The depreciation rates are as follows.. Land and buildings Building improvements Fixtures, fittings and equipment No depreciation 100kn on a straight line basis 20% on a straight line basis The gain or loss arising on the disposal of an asset is determined as the difference beMeen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrment of non<urront assets At each reporting end date, the Church reviews the carying amounts of its tsngible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such IndatIOn exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss Irf any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles {Contlnued) 1.9 Flnanclal Instruments The Church has elected to apply the provisions of Section 11 'Basic Financial Instruments, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Church's balance sheet when the Church becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnancial assets Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of literest. Flnancial assels classified as receivable wlthin one year are not amortised. Baslc flnancial Ilabilities Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the pres8nt value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised Cost using the effective interest method. Derecognltion of flnanclal Ilabllltles Financial liabilities are derecognised when the Church's contractual obligations expire or are discharged or cancelled. 1.10 Taxatlon The income of the Church is used solely for charitable activities and the Trustees consider it not to be subject to corporation tax. 1.11 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Temiination benefits are recognised immediately as an expense when the Church is demonstrably committed to terminate the employment of an employee or to provide temination benefits. 1.12 Retirement benefits Payments to defined contribution retirament benefit schemes are charged as an expense as they fall due. 10-
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critlcal accountlng estimates and judgements In the application of the Church's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects tlY that period, or in the period of the revision and future poriods whp.rft thft rpvision affects both ¢urront and future periods. Donatlon8 and legacles Unrestrlcted Unrestricted fund8 funds 2026 2024 Donations and gifts 35,211 34,251 Donatlons and gifts Donations and gifts Tax refunds 30,499 4,712 27,751 6,500 35,211 34,251 Income from Investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 260 140 11
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charftable actlvitlos 2025 2024 Direct costs staff costs Depreciation and impairment Repairs and maintenance Subscriptions and resources Speakers and outreach Audio, visual and IT 21,630 169 1,871 231 991 62 21,630 169 213 371 563 187 24,754 23,133 Grant funding of ath'vlties (see note 6) 1,176 1,148 Share of 8UPPOrt and governan¢• costs (see note 7 Support Govemance 4,526 2,526 4,704 2,641 32,982 31,626 Analysls by fund Unrestricted funds 32,982 31,828 Grants payable 2025 2024 Grants to institutions- Assemblies of God other 840 308 336 1,176 1,148 12-
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2025 2024 Depreciation Insurance utilities Telephone and intemet Printing and stationery Sundry expenses Governance 212 730 2.080 888 126 294 2,722 213 658 2,778 7n4 34 317 2,641 7.052 7,345 2025 2024 Governance costs comprlsa: Independent examination fees Accountsncy and payroll fees 600 2,122 489 2,152 2,722 2,641 Trustees None of the Trustees recelved any remuneration or benefits from the Church durlng the year. The total aggregate donations wlthout conditions received from the Trustees and related parties during the year amounted to £4,140 {2024: £9,702). Mr D Barrett, husband of the trustee Mrs J Barrett, continued in his role as Pastor and received a salary of £21,000 (2024.. £21,000). The Church also made contributions into a defined contribution scheme during the year amounting to £630 (2024: £630). Employees The average monthly number of employees during the year was: 2025 Number 2024 Number Pastor Employment costs 2025 2024 Vlages and salaries other pension costs 21,000 630 21,000 630 21,630 21,630 13-
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Contlnued) There were no employees whose annual remuneration was more than £60,000. Remuneratlon of key management personnel The remuneration of key management personnel was as follows: 202S 2024 Aggregate compensation 21,630 21,630 10 Property, plant and oqulpment Lond and Bulldlng Flxtur•8, bulldlng8 Improvements flttlng8 and oqulpment Total Cost At 1 April 2024 90.000 2,125 21,394 113,519 At 31 March 2025 90,000 2,125 21,394 113,519 Depreciatlon and Impalrment At 1 April 2024 Depreciation charged in the year 1,914 211 21,055 169 22,969 380 At 31 March 2025 2,125 21,224 23,349 Carrylng amount At 31 March 2025 90,000 170 90,170 At 31 March 2024 90,000 212 339 90,551 11 Trade and oth•r recelvable8 2025 2024 Amounts falllng duo wfthln one year: Other receivables Prepayments 4,711 574 6.416 539 5,285 6,955 14-
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Current Ilabllltles 2025 2024 other taxation and social securty Accruals and deferred income 663 2,184 722 2,105 2,847 2,827 13 Retlrement ben•fft s¢hem•s 2025 2024 Deflned contrlbutlon scheme8 Charge to profit or loss in respect of defined contribution schemes 630 630 The Church operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Church in an independently administered fund. 14 Re8trlcted funds The restricted funds of the charty comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll At 31 March 2024 2026 Ukraine 178 178 Provlous year: At 1 April At 31 March 2023 2024 Ukralne 178 178 Ukralne Fund The Ukraine Fund represents an appeal for monies to be passed on to the registered charity Assemblies of God and assist with their work supporting those affected by the war in Ukraine. 15-
BEXHILL COMMUNITY CHURCH KNOWN AS LIVING WORD CHURCH BEXHILL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Unr8strlcted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds vthich have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng resources Resources At 31 March expended 2025 General funds 129,419 35,471 (32,982) 131,908 Prevlous year: At 1 April 2023 Incomlng resources Resources At 31 March expended 2024 General funds 126,654 34,391 131,626) 129,419 16 Analys18 of nat assets between fund8 Unrestrlcted funds 2025 Restrfcted funds 2025 Total 2025 At 31 March 2026: Property, plant and equipment Current assetsl(liabilities) 90,170 41,738 90,170 41,918 178 131,908 178 132,086 Unrestrlctsd funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Property, plant and equipment Current assetsl(liabilities) 90,551 38,868 90,551 39,046 178 129,419 178 129,597 17 Related party transactlons Other than the salary paid to the Pastor (see note 8) there was a total of £62 (2024: £354) paid to trustees for reimbursement of zoom licenses and church supplies. 16-