**`REGISTERED CHARITY NUMBER: 1087562`**
## **`Report of the Trustees and`**
**`Unaudited Financial Statements for the Year Ended 31 March 2025`**
**`for`**
**`Kingsgate Church Trust`**
`Knights Lowe Chartered Accountants Eldo House Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR`
```
Kingsgate Church Trust
```
## **`Contents of the Financial Statements for the Year Ended 31 March 2025`**
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 4`|
|**`Independent Examiner's Report`**|`5`|
|**`Statement of Financial Activities`**|`6`|
|**`Balance Sheet`**|`7`|
|**`Notes to the Financial Statements`**|`8 to 13`|
|**`Detailed Statement of Financial Activities`**|`14`|
```
Kingsgate Church Trust
```
## **`Report of the Trustees for the Year Ended 31 March 2025`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March2025. The
trusteeshaveadoptedtheprovisionsof AccountingandReportingbyCharities:Statementof Recommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicablein the
UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The charity, which is a church, is governed by a trust deed and is constituted as a trust.
```
```
The trust seeks to demonstrate the Christian faith in action by:
```
- `Advancing the Christian faith in Bury St Edmunds, in the United Kingdom and the world.`
- `To relieve distress caused by hardship, need or those who are aged or sick in Bury St Edmunds, in the United Kingdom and the world.`
## **`Public benefit`**
```
TheTrusteesconsiderthattheyhavecompliedwiththedutyregardingPublicBenefitasdetailedinsection4of the
Charities Act, having due regard to guidance published by the Charity Commission.
```
## **`Grantmaking`**
```
In line with our strategicplan to purchasea buildingand increaseour impactwithinthe community,we have reduced
grantstootherorganisationsfrom34%to20%oftotalexpenditure.Thisdecisionreflectsourcommitmentto direct
resources towards our growth and outreach efforts.
```
```
Our grant policy can be essentially split in two:
```
```
Grantsfor otherorganisations;our policyhas alwaysbeen to examineboththe purposeof the organisationand what
theprovidedfundswillbeaimedat.Theirusesmustconformtoourcharitableaims,weaskforregularreports on
outcomes from these other organisations.
```
```
Grantsforindividuals;essentiallythesearehardshipgrants,andvaryinwhattheyaretargetedat,whetherit is
purchasinga weekly shop for someone or supportingwith the purchase of white goods. For any monetary figures given
a budgetingproformais run throughwith the individualto assist them in understandingthe totalpicture.These forms
of assistance a rarely in isolation and we make regular referrals to other charities and agencies as required.
```
```
Page 1
```
```
Kingsgate Church Trust
```
## **`Report of the Trustees for the Year Ended 31 March 2025`**
## **`ACHIEVEMENTS AND PERFORMANCE`**
## **`Review of Church Activities`**
```
Thisyearmarkedareturntoconsistentandregularcontactbetweenthechurchandthecommunity.Following the
liftingoflockdownrestrictions,we havefocusedonstrengtheningourrelationshipsandincreasingourimpact within
the community. We have expanded our initiatives, which include:
```
```
All our existing programmes continued to provide growth and impact, including:
```
- **`The Hangout:`** `A weekly youth meeting in the town centre, providing a safe space for young people to gather, learn, and grow together.`
- **`Annual Trips to Newday:`** `We have resumed these trips, allowing us to sponsor young individuals from the local community to attend a we ek of worship and fellowship.`
- **`The Allotment:`** `Our community allotment provides opportunities for individuals to connect and improve their mental health through gardening and community activities.`
- **`Prison Alpha:`** `This program continues to offer inmates the opportunity to explore faith in a supportive environment, with several prisoners experiencing personal transformation through our courses.`
- **`Women’s Aid:`** `Through partnerships with local organizations like Gina's Salon, we provide safe spaces for women to regain confidence and build social connections.`
```
Astrusteeswehaveinstitutedmeasurementprocessestoallowustounderstandandmeasureimpactmade. We
monitorquarterlybut receive reportsannuallyfor each initiative,this includesthe number of individualsreached with
the gospel, and where applicable the number who have a made a commitment to Christ.
```
```
Within this financialyear each initiativewas consideredboth a success and growing, of particularnote is the expansion
of thenew daysponsoredplaces,andtheexpansionof thepastoralcareteam,allowingfor more focusedsupport to
be provided.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
During this year, both our income and our expenditureincreased.The charity’scash holdingsincreasedfrom £288,636
to £341,053.
```
```
The accounts show the charity had net incoming resources for the year of £16,238 (2024: £26,518).
```
```
At theyearendthecharityhadtotalreservesof £344,188(2024:£327,950).Reservesavailablefor general charitable
purposes were £248,402 (2024: (£227,208). Reserves held in fixed assets totalled £1,563 (2024: £10,423).
```
```
Additionally£105,301(2024:£89,419)was reservedin the Venue Visionfund,supportingour goal of a future property
purchase.Theexcessfundswillalsohelpfundnewinitiativesandallowfortheexpansionofouremployedteam to
better serve the community.
```
## **`Reserves policy`**
```
Thetrusteeshavedeterminedthatthecharityshouldaimtoholdunrestrictedcashreservesof nolessthan £50,000,
equivalent to about six months of unrestricted expenditure.
```
```
Additionally, we are growing a Building Fund in line with our aim of a future purchase.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
```
## **`Decision making`**
```
Strategicdirectionand decisionsare made by the Trustees,in consultationwith the Elders; he Elders being responsible
forthespiritualgoverningandteachingofthechurch.AllbudgetsaresetandmonitoredbytheTrustees, with
individualbudgetholdersbeing responsiblefor expenditurewithintheir area of churchlife. Trusteesare appointed by
the Elders and are required to declare their belief in and allegiance to the Statement of Beliefs.
```
```
Page 2
```
```
Kingsgate Church Trust
```
## **`Report of the Trustees for the Year Ended 31 March 2025`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Kingsgate Church`**
```
KingsgateChurchisself-supporting.ThecharityisamemberoftheNewFrontiersfamilyofChurchesandof the
EvangelicalAllianceandisactivelyinvolvedwiththecharityRelationalMission.KingsgateChurchispartof the
Churches Together in Bury St Edmunds and members of Kingsgate meet with other church leaders.
```
## **`Personnel Changes`**
```
Ourboardhascontinuedtoevolve,withSteveBiggsandNaomiEverettleavingthetrusteeswithin23-24.We are
grateful for their contributions and commitment, which have greatly benefited the church.
```
```
Whilethistookus belowouroptimumnumberof trustees,we havea targetof 7 to be ablecoverholidaysand other
absences we were able to, further mature our governance and processes.
```
```
Daytodayoperationsofthecharityaredelegatedtothechurchadministrator,JennyJackwitchandthelead elder
Dave Richardson. Further advice is provided by the treasurer David Shepheard.
```
## **`Search for Building`**
```
As partof our ongoingmission,we have been activelyseekinga permanentbase for the churchandhaveviewed and
reviewedseveralpotentialbuildings.Thisprocesshasshapedourreservespolicy,withouraimtosecurea central
locationin Bury St Edmundsfrom which we can expandour socialoutreachcapabilities.We recognizethe importance
of a stable and accessible location to better serve our community and ensure long-term sustainability.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
1087562
```
## **`Principal address`**
```
Office D
Hoste House (URC)
Whiting Street
Bury St Edmunds
Suffolk
IP33 1NR
```
## **`Trustees`**
```
John Nicholson Chair
Deborah Frappell (appointed 18.11.24)
Claire Elaine O'Riordan
Jean-Paul Delport
Francis Edward John Coningsby
```
## **`Independent Examiner`**
```
James Knights ACA
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
```
```
Page 3
```
```
Kingsgate Church Trust
```
## **`Report of the Trustees for the Year Ended 31 March 2025`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Bankers`**
```
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
```
```
Approved by order of the board of trustees on 29 January 2026 and signed on its behalf by:
```
```
John Nicholson - Trustee
```
```
Page 4
```
## **`Independent Examiner's Report to the Trustees of Kingsgate Church Trust`**
## **`Independent examiner's report to the trustees of Kingsgate Church Trust`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofKingsgateChurchTrust(theTrust)forthe year
ended 31 March 2025.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
I reportin respectof my examinationof theTrust'saccountscarriedoutunderSection145of theActandin carrying
out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionunderSection 145(5)(b)
of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnection with
the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
James Knights ACA
The Institute of Chartered Accountants in England and Wales
```
```
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
```
```
30 January 2026
```
```
Page 5
```
```
Kingsgate Church Trust
```
## **`Statement of Financial Activities`**
## **`for the Year Ended 31 March 2025`**
|`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`186,698`**
`Investment income`
`2`
**`6,078`**
**`Total`**
**`192,776`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Church activities`
**`180,442`**
**`NET INCOME`**
**`12,334`**
**`Transfers between funds`**
`11`
**`(11,578)`**
**`Net movement in funds`**
**`756`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`237,631`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`238,387`**|`Restricted`
`funds`
`£`
**`16,345`**
**`-`**
**`16,345`**
**`12,441`**
**`3,904`**
**`11,578`**
**`15,482`**
**`90,319`**
**`105,801`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`203,043`**
**`6,078`**
**`209,121`**
**`192,883`**
**`16,238`**
**`-`**
**`16,238`**
**`327,950`**
**`344,188`**|`2024`
`Total`
`funds`
`£`
`174,484`
`5,604`|
|---|---|---|---|
||||`180,088`|
||||`153,570`|
||||`26,518`
`-`|
||||`26,518`
`301,432`|
||||`327,950`|
```
The notes form part of these financial statements
```
```
Page 6
```
## **`Kingsgate Church Trust`**
## **`Balance Sheet`**
## **`31 March 2025`**
|`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`1,563`**
**`CURRENT ASSETS`**
`Debtors`
`9`
**`9,071`**
`Cash at bank and in hand`
**`235,252`**
**`244,323`**
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`(7,499)`**
**`NET CURRENT ASSETS`**
**`236,824`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`238,387`**
**`NET ASSETS`**
**`238,387`**
**`FUNDS`**
`11`
`Unrestricted funds`
`Restricted funds:`
`Venue Vision`
`Fellowship`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`105,801`**
**`105,801`**
**`-`**
**`105,801`**
**`105,801`**
**`105,801`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`1,563`**
**`9,071`**
**`341,053`**
**`350,124`**
**`(7,499)`**
**`342,625`**
**`344,188`**
**`344,188`**
**`238,387`**
**`105,301`**
**`500`**
**`105,801`**
**`344,188`**|`2024`
`Total`
`funds`
`£`
`10,423`
`40,473`
`286,636`
`327,109`
`(9,582)`
`317,527`
`327,950`
`327,950`
`237,631`
`89,819`
`500`
`90,319`
`327,950`|
|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon29January2026 and
were signed on its behalf by:
```
```
Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements for the Year Ended 31 March 2025`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Charities Act 2011. The financial statements have been prepared under the historical cost convention.
```
```
These accountshavebeenpreparedin Poundsterling,the functionalcurrencyof the charity,withrounding to
whole pounds, on an accruals basis.
```
```
The managementhas concludedthatthe financialstatementsgive a trueandfair view of the entity’s financial
position,financialperformance,atrueandfairoverridehasbeenusedtoapplytheCharitiesSORP(FRS 102)
undertheCharities(AccountsandReports)Regulations2008,ithascompliedwithFRS102,theSORP except
thatit hasdepartedfroma particularrequirementof thisSORPto theextentnecessaryto give a trueand fair
view.
```
```
Cash in hand (petty cash) and amounts held in the current account are defined as highly liquid assets.
```
```
Creditorsarerecognisedwherethecharityhasapresentobligationresultingfromapasteventthat will
probablyresultinthetransferoffundstoathirdpartyandtheamountduetosettletheobligationcan be
measured or estimated reliably. Creditors are normally recognised at their settlement amount.
```
## **`Critical accounting judgements and key sources of estimation uncertainty`**
```
Estimatesandjudgementsarecontinuallyevaluatedandarebasedon historicalexperienceandother factors,
includingexpectationsof future events that are believed to be reasonableunder the circumstances.The charity
makesestimatesandassumptionsconcerningthefuture.Theresultingaccountingestimatesand assumptions
will, by definition, seldom equal the related actual results.
```
```
Nojudgements(apartfromthoseinvolvingestimates)havebeenmadeintheprocessofapplyingthe above
accounting policies.
```
```
The keyassumptionsconcerningthe futureandkeysourcesof estimationof uncertaintyat the reporting date
thathaveasignificantriskofcausingamaterialadjustmenttothecarryingamountsofassetsand liabilities
within the next financial year are the estimation of the useful economic life of furniture and equipment.
```
## **`Income`**
```
All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it
is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
```
Grants offered subject to conditionswhich have not been met at the year end date are noted as a commitment
but not accrued as expenditure.
```
## **`Tangible fixed assets`**
```
Tangible fixed assets are fully written off over a period of three years on a straight-line basis.
```
```
continued...
```
```
Page 8
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 March 2025`**
## **`1. ACCOUNTING POLICIES - continued`**
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
The charity currently has restricted funds as follows:
```
|**`Venue Vision`**|`for the purpose of a future building purchase.`|
|---|---|
||`for the purpose of helping individuals either within the church, or outside of the`|
|**`Fellowship Fund`**|`church, who may be in financial need`|
||`a financial activity fund for the church weekend away, which was previously`|
|**`Belsey Bridge event`**|`hosted at Belsey Bridge`|
||`for giving to church planting activity, and it is not going to be used on an ongoing`|
|**`Mission funds`**|`basis.`|
## **`Pension costs and other post-retirement benefits`**
```
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
## **`2. INVESTMENT INCOME`**
## **`3.`**
|`Deposit account interest`
**`GRANTS PAYABLE`**
`Church activities`
`The total grants paid to institutions during the year was as follows:`
`Relational Mission`
`Bury Christian Youth`
`Empart`
`Pioneer Mission`
`Revalation Church`
`Other Missions`|**`2025`**
**`£`**
**`6,078`**
**`2025`**
**`£`**
**`30,174`**
**`2025`**
**`£`**
**`5,835`**
**`4,460`**
**`3,600`**
**`4,825`**
**`2,280`**
**`8,674`**
**`29,674`**|`2024`
`£`
`5,604`
`2024`
`£`
`22,102`|
|---|---|---|
|||`2024`
`£`
`5,130`
`3,600`
`3,600`
`4,180`
`2,090`
`3,402`|
|||`22,002`|
```
continued...
```
```
Page 9
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 March 2025`**
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2025norforthe year
ended 31 March 2024.
```
## **`Trustees' expenses`**
```
Twotrusteeswerereimbursedforexpenditurerelatingtoallotment,TheHangOut/Verve,Pastoralcare and
Sunday refreshment & communion, totalling £1,045 (2024: one was reimbursed £584).
```
## **`5. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
|`Employees`
`No employees received emoluments in excess of £60,000.`
**`INDEPENDENT EXAMINER'S FEES`**||**`2025`**
**`7`**||`2024`
`6`|
|---|---|---|---|---|
|||**`2025`**||`2024`|
|||**`£`**||`£`|
|`Fees for Independent Examination`||**`2,180`**||`2,280`|
||||||
||||||
## **`6. INDEPENDENT EXAMINER'S FEES`**
## **`7. DEFINED CONTRIBUTION PLANS`**
```
Totalemployeeandemployercontributionsof£4,192wererecognisedintheSoFAduringtheyear (2024:
£3,913). These costs are paid from the general fund.
```
## **`8. TANGIBLE FIXED ASSETS`**
|**`TANGIBLE FIXED ASSETS`**||
|---|---|
||`Equipment`|
||`£`|
|**`COST`**||
|`At 1 April 2024`|**`31,241`**|
|`Additions`|**`1,602`**|
|`At 31 March 2025`|**`32,843`**|
|**`DEPRECIATION`**||
|`At 1 April 2024`|**`20,818`**|
|`Charge for year`|**`10,462`**|
|`At 31 March 2025`|**`31,280`**|
|**`NET BOOK VALUE`**||
|`At 31 March 2025`|**`1,563`**|
|`At 31 March 2024`|`10,423`|
```
continued...
```
```
Page 10
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 March 2025`**
## **`9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Other debtors`
`Accruals`
`Prepayments`
**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE`**
`Trade creditors`
`Taxation and social security`
`Other creditors`
**`11.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Venue Vision`
`Fellowship`
`Belsey Bridge event`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are a`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Venue Vision`
`Fellowship`
`Belsey Bridge event`
**`TOTAL FUNDS`**|**`YEAR`**
`At 1.4.24`
`£`
**`237,631`**
**`89,819`**
**`500`**
**`-`**
**`90,319`**
**`327,950`**
`s follows:`|`Net`
`movement`
`in funds`
`£`
**`12,334`**
**`15,482`**
**`-`**
**`(11,578)`**
**`3,904`**
**`16,238`**
`Incoming`
`resources`
`£`
**`192,776`**
**`15,482`**
**`300`**
**`563`**
**`16,345`**
**`209,121`**|**`2025`**
`2024`
**`£`**
`£`
**`-`**
`39,876`
**`7,745`**
`-`
**`1,326`**
`597`
**`9,071`**
`40,473`
**`2025`**
`2024`
**`£`**
`£`
**`878`**
`-`
**`-`**
`487`
**`6,621`**
`9,095`
**`7,499`**
`9,582`
`Transfers`
`between`
`At`
`funds`
`31.3.25`
`£`
`£`
**`(11,578)`**
**`238,387`**
**`-`**
**`105,301`**
**`-`**
**`500`**
**`11,578`**
**`-`**
**`11,578`**
**`105,801`**
**`-`**
**`344,188`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(180,442)`**
**`12,334`**
**`-`**
**`15,482`**
**`(300)`**
**`-`**
**`(12,141)`**
**`(11,578)`**
**`(12,441)`**
**`3,904`**
**`(192,883)`**
**`16,238`**|
|---|---|---|---|
```
continued...
```
```
Page 11
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 March 2025`**
## **`11. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Venue Vision`
`Fellowship`
**`TOTAL FUNDS`**|`At 1.4.23`
`£`
`211,113`
`89,819`
`500`
`90,319`
`301,432`|`Net`
`movement`
`in funds`
`£`
`26,518`
`-`
`-`
`-`
`26,518`|`At`
`31.3.24`
`£`
`237,631`
`89,819`
`500`|
|---|---|---|---|
||||`90,319`|
||||`327,950`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Belsey Bridge event`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`173,166`
`6,922`
`180,088`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(146,648)`
`26,518`
`(6,922)`
`-`
`(153,570)`
`26,518`|
|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Venue Vision`
`Fellowship`
`Belsey Bridge event`
**`TOTAL FUNDS`**|`At 1.4.23`
`£`
`211,113`
`89,819`
`500`
`-`
`90,319`
`301,432`|`Net`
`movement`
`in funds`
`£`
`38,852`
`15,482`
`-`
`(11,578)`
`3,904`
`42,756`|`Transfers`
`between`
`funds`
`£`
`(11,578)`
`-`
`-`
`11,578`
`11,578`
`-`|`At`
`31.3.25`
`£`
`238,387`
`105,301`
`500`
`-`|
|---|---|---|---|---|
|||||`105,801`|
|||||`344,188`|
```
continued...
```
```
Page 12
```
```
Kingsgate Church Trust
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 March 2025`**
## **`11. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Venue Vision`
`Fellowship`
`Belsey Bridge event`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`365,942`
`15,482`
`300`
`7,485`
`23,267`
`389,209`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(327,090)`
`38,852`
`-`
`15,482`
`(300)`
`-`
`(19,063)`
`(11,578)`
`(19,363)`
`3,904`
`(346,453)`
`42,756`|
|---|---|---|
## **`12. RELATED PARTY DISCLOSURES`**
```
Salarypaymentstotalling£11,066(2024:£5,200)were madetoEleanorDelport,relatedtotrustees Jean-Paul
DelportandClaireO'Riorden.£2,975waspaidtoDrBrianO'Riordan(2024£nil).Thesetransactions were
conducted on normal employee/employer terms, on an arm’s length basis.
```
```
£nil was owed to them at the year end (2024 £433).
```
```
Further detailed breakdowns of these payments are available on request.
```
```
Donationswithoutconditionstotalling£16,690(2024:£22,859)werereceivedfromtrustees/related parties
during the period.
```
```
Page 13
```
```
Kingsgate Church Trust
```
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
`Other income`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Pensions`
`Hire of premises and storage unit`
`Outreach activities`
`Church running costs`
`Insurance`
`Governance`
`Computer and software`
`Travelling`
`Other charitable expenses`
`Depreciation of equipment`
`Grants to institutions`
`Grants to individuals`
**`Support costs`**
**`Finance`**
`Bank charges`
**`Governance costs`**
`Accountancy and legal fees`
`Total resources expended`
**`Net income`**|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 March 2025`**|`2025`
`£`
**`161,605`**
**`40,876`**
**`562`**
**`203,043`**
**`6,078`**
**`209,121`**
**`60,337`**
**`1,239`**
**`21,959`**
**`15,335`**
**`5,477`**
**`398`**
**`10,390`**
**`1,844`**
**`1,781`**
**`30,401`**
**`10,462`**
**`29,674`**
**`500`**
**`189,797`**
**`906`**
**`2,180`**
**`192,883`**
**`16,238`**|`2024`
`£`
`139,667`
`26,041`
`8,776`|
|---|---|---|---|
|||||
||||`174,484`
`5,604`|
||||`180,088`
`43,829`
`1,107`
`21,516`
`19,455`
`6,585`
`1,441`
`5,115`
`1,860`
`-`
`17,250`
`10,410`
`22,002`
`100`|
||||`150,670`
`620`
`2,280`|
||||`153,570`|
||||`26,518`|
```
This page does not form part of the statutory financial statements
```
```
Page 14
```
## **Virtual Cabinet Portal Digital Signatures**
## **Digital Signature Verification**
You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:
https://www.virtualcabinetportal.com/VerifySignedDocument
## **Signature Dates and Times**
All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:
http://www.virtualcabinetportal.com/WhatIsUTC
## **Signature 1**
Signed by James Knights using authentication code bnI3NmnCo1hGeER1Vg== at IP address 94.228.44.8, on 2026/01/29 12:38:29 Z.
James Knights's e-mail address is: james@knightslowe.co.uk.
James Knights added the following comments:
"Accountants Report Signed"
## **Signature 2**
Signed by John Nicholson using authentication code VTdEZCY2U0xGejNN at IP address 81.78.85.152, on 2026/01/29 15:26:45 Z.
John Nicholson's e-mail address is: John@kingsgate-church.org.