COMPANY REGISTRATION NUMBER: 3688146
CHARITY REGISTRATION NUMBER: 1091314
South Bristol Church and Community Trust
Company Limited by Guarantee
Financial Statements
31 March 2025
CHARLTON BAKER
BRISTOL
LTD
Chartered Accountants & statutory auditor
61 Macrae Road, Ham Green, Bristol
BS20 ODD

South Bristol Church and Community Trust
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent auditor's report to the members
Statement of financial activities (including income and
expenditure account)
12
Statement of financial position
13
Notes to the financial statements
14

Page 1
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 31 March 2025.
Reference and admlnlstratlve details
Registered charlty name
Soulh Bristol Church and Community Trust
Charlty reglstration number
1091314
Company registration number 3688146
Principal office and reglstered The Wilhywood Centre
office
Queens Road
Withywood
Bristol
BS13 8QA
The trustees
Richard Eddy
Rev Derek Maddox
Rev Palrick Stonehewer
Ms Catherine Adeniyi
Rev Christopher J Dobson
Rev Sally Spencer
Company secretary
Mrs W Russell
Audltor
Charllon Baker (Bristol) Ltd
Chartered Accountants & slatulory auditor
61 Macrae Road, Ham Green, Bristol
BS20 ODD
Bankers
Lloyds TS8
Bishopsworth
Knowle Branch
Bristol
BS4 2PY
Solicilors
Veale Wasborough Vizards
Narrow Quay House
Narrow Quay
Bristol
BS14QA

Page 2
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢onllnu&d)
Year ended 31 March 2025
Struclure, governance and management
The charity is constituted as a company limited by guarantee and is therefore governed by a
memorandum and articles of association.
The Company achieved charitable status on 22nd March 2002. The company is limited by guarantee
and has no share capital.
OBJECTIVES AND PUBLIC BENEFIT
The charity's object and principal activity continues to be that of a development trust fund formed to
serve the communities of south Bristol. The charity continues to benefit the community by providing a
premise from which several agencies provide services which together promote the spiritual, mental
and the physical well-being of individuals. The charity provides a fully inclusive pivotal social base
within the BS13 area, benefiting all individuals that may otherwise be isolated or lack any other form of
social interaction. The trustees confirm that they have referred lo the guidance contained in the
Charity Commission's genera1 guidance on public benefit when reviewing the charity's objectives.
STRUCTURE AND DECISION MAKING
The charity is organised so that the management board Idireclorsltruslees} meet regularly to manage
ils affairs. The trustees delegate their responsibilities for the day-lo-day administration of the charity to
a Management Board who are employed by SBCCT.
RISK REVIEW
The trustee actively review the major risks which the charity faces on a regular basis and believe that
maintaining reserves at current levels, combined with an annual review of the controls over key
financial systems, will provide sufficient resources in the event of adverse conditions. The Iruslees
have also examined other operational and business risks faced by Ihe charity and confirm that they
have established controls to miligale the significant risks.
Objectives and actlvities
The Trustees are satisfied wilh the performance of the charity during the year and the position at 31st
March 2025 and consider that the charity is in a salisfactory position lo continue ils objectives during
the coming year.
staffing
Management of the Centre continues to fall lo the joint centre managers, alongside a duty manager
who takes responsibility for the operation of the centre when required. The latter has taken over
responsibilities for Ihe Trust's accounting as the previous book-keeper's fixed-term contract came to its
planned end in the summer of 2025.
Staffing in the Centre's cafe has continued lo develop with one member of the team having taken on
the majorily of the cooking and introduced several new home cooked items lo the menu which have
proved very popular. Several local residents are now using the café daily purchasing these home
cooked meals to take away.
The roles and responsibilities of the maintenance leam were reviewed following the departure of a
long-standing member of the team in Summer 2024. The team is now working more flexibly across
the whole week, including weekends, and has allowed us to bring our cleaning in-house and both
reduce our costs and give more control over the level of cleaning provided.
Centre Development
We continue to engage the community and the private sector with an aim to maximize Centre usage
and promote awareness of the Cenlre. Routine use of the building is near capacity.

Page 3
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {contlnued)
Year ended 31 March 2025
Objectives and aclivities (continued)
Servlces for the Community
The Cenlre continues to be a thriving, well established and highly valuable community asset which
operates within the overall objectives of the Trust. 11 accommodates a variety of groups that offer a
diverse range of activities and services, including groups which promote mental and physical health
for a range of ages including those in childhood education.
Fundraising
The Centre does not currently undertake any fundraising activities with the general public and has nol
signed up to the Fundraising Regulator.
Resenies policy
The Trustees have undertaken a review of the Trust's overall finances, in particular our reserves which
are currently below the agreed level. We are taking steps towards applying for grant funding and
expect to do this in the next few months.
As previously reported, the Centre does not currently undertake any fundraising activities with the
general public and has not signed up lo the Fundraising Regulator.
Flnanclal revlew
The nel outgoing resources for the period were £66,284 {2024.' £27,979) resulting in accumulated
funds carried foNard of £3,297,376 {2024.. £3,363,660>. of which £287,758 {2024- £294,580) are
unrestricted funds. The unrestricted funds are considered to represent the free reserves at the year
end and al current activity levels represent approximately 7.5 months of staffing and operating costs.
This level of funds falls within the parameters set by the trustees in the Reserves Policy (see below)
and they will aim to maintain uncommilled reserves at the level sel by Ihe policy going fo￿ard.
Plans for future periods
A key focus for The Trust during 2025-26 is to work towards a sustainable financial plan, including
re-building the Trust's reserves to the agreed level. To this end, the Trustees and Management Team
have already engaged with external expertise lo look at this, including exploring options for external
grant funding.
In parallel, we also intend to establish a plan for routine replacements and refurbishments, as the
building nears twenty years old. Two immediate priorities are the cenlre's garden and car park. It is
intended that some of this will be undertaken in-house, following recent changes in our maintenance
staffing.

Page 4
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2025
Trustees, responsibilities statement
The Irustees, who are also directors for the purposes of company law, are responsible for preparing
the trustees, report and the financial slalements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a
true and fair view of the stale of affairs of the charitable company and the incoming resources and
application of resources, including the income and expenditure, for that period.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consislenlly;
observe the methods and principles in the applicable Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records Ihal are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy al any lime the financial
position of the charity and enable them lo ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a trustee at the date of approval of this report confirms that:
so far as they are aware, there is no relevant audit information of which the charity's auditor is
unaware., and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and lo establish that the charity's auditor is aware of that
information.
The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies
Act 2008.
Small company provisions
This report has been prepared in accordance with the provisions applicable lo companies entitled to
the small companies exemption.

Page 5
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
The trustees, annual report was approved on 18 November 2025 and signed on behalf of the board of
trustees by:
ichard
Trustee
Rev Patrick Slonehewer
Trustee

Page 6
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust
Year ended 31 March 2025
Opinion
We have audited the financial statements of South Bristol Church and Community Trust (the 'charity')
for the year ended 31 March 2025 which comprise the statemenl of financial aclivilies {including
income and expenditure account), statement of financial position and the related notes, including a
summary of significant accounting policies. The financial reporting framework thal has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Praclicel.
In our opinion the financial statements-
give a true and fair view of the slate of the charity's affairs as at 31 March 2025 and of its
incoming resources and application of resources, including ils income and expenditure, for the
year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs {UK)} and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial slalemenls section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Iruslees, use of the going concern
basis of accounting in the preparation of Ihe financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significanl doubl on the charity's ability
to continue as a going concern for a period of al least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the Iruslees with respect lo going concern are described
in the relevant sections of this report.

Page 7
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (conllnued)
Year ended 31 March 2025
Other informatlon
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report Ihereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extant
olhemise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required lo determine whether there is a material misslatemenl in the financial statements or a
material misslalement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that fact.
We have nolhing to report in this regard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial stalemenls., and
the trustees, report has been prepared in accordance with applicable legal requirements,
Matters on whlch we are requlred lo report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing lo report in rgspect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of trustees, remuneration specified by law are nol made; or
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies, exemptions in preparing the
directors, report and from the requirement to prepare a strategic report.

Page 8
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust {¢onl/nuodJ
Year ended 31 March 2025
Responslbilities of truslees
As explained more fully in the trustees, responsibilities statement, the Iruslees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees determine is necessary lo enable the preparation of financial statements that are free
from material misslalemenl, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related lo going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations, or have no realislic allernalive but lo do so.
Audltor's responslbllltles for the audSt of Ihe flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstalemenl, whether due to fraud or error, and lo issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that
an audit conducted in accordance with ISAS {UK) will always detect a material misslatemenl when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
Ihe basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstalemenls in respect
of irregularities, including fraud. The exlenl to which our procedures are capable of delecling
irregularities, including fraud is detailed below..

Page 9
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (conllnued)
Year ended 31 March 2025
Key audit matters.our assessment of risks of material misstatement
Key audit Matters are those matters that in our professional judgement were of most significance in
the audit of the financial slatemenls and include the most significant assessed risks of material
misstatement (whether or not due lo fraud) identified by us, including those which had the grealesl
effect on.. the allocation of resources in the audit, and directing the efforts of the engagement team.
There are no key areas identified as the audit is very low risk with normal audit procedures adequate
in all audit areas.
We agreed to report to the board of trustees any corrected or uncorrected identified misstatements.
Fraud and breaches of laws and regulatlons - ablllty to detect
Identlfying and reporting of rlsks of material misstatement due to fraud
To identify risks of material misslatement due to fraud we assessed events or conditions that could
indicate an incentive or pressure to commit fraud or provide an opportunity lo commit fraud. Our risk
assessment procedures included..
Enquiring of finance manager and trustees and inspection of key papers provided to Ihose
charged with governance as to high level policies and procedures lo prevent and detect fraud
Reading board minutes
We communicated identified fraud risks throughout the audit leam and remained alert lo any
indications of fraud throughout the audil.
As required by auditing slandards, and taking into account possible pressures to meet targets and our
overall knowledge of the control environment, we perform procedures to address the risks of
management override of controls. To address the pervasive risk as it relates lo management override,
we identified journal entries to tesl to supporting documentation.
Identifying and responding to rlsks of malerial misstatement due to non.compliance with laws
and regulations
We identified areas of laws and regulations that could reasonably be expected to have a material
effect on the financial statements from our general commercial and sector experience and through
discussion with the general manager and trustees. As the charity is regulated, our assessment of risks
involved gaining an understanding of the control environment including the enlily's procedures for
complying with regulatory requirements.
We communicated identified laws and regulations throughout our team and remained alert to any
indications of non-compliance throughout the audit.
The potential effecl of these laws and regulations on the financial statements varies considerably.
Firstly, the charity is subject to laws and regulations Ihat directly affect the financial statements
including f inancial reporting regulation (including related companies, regulation}, taxation legislation
{payroll taxes) and pension legislation and we assessed the extent of compliance with these laws and
regulations as part of our procedures on the related financial slatemenls items.

Page 10
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (¢ontlnuod)
Year ended 31 March 2025
Secondly, the charily is subject lo many other laws and regulations where the consequence of
non-compliance could have a material effect on amounts or disclosures in the financial statements, for
instance through the imposition of fines or litigation. We identified the following areas as those most
likely to have such as effect- Health and safety laws. Auditing standards limit the required audit
procedures to identify non-compliance with these laws and regulations to enquiry of management and
trustees and inspeclion of regulatory and legal correspondence, if any. Therefore, if any breach of
operational regLilalions is not disclosed to us or evident from relevant correspondence, an audit will
not detect that breach.
Conlext of the abilily of the audit to delect fraud or breaches of law or regulation
Owing to the inherent limitation of an audit, there is an unavoidable risk that we may not have detected
some material misslatemenls in the financial stalements, even though we have properly planned and
performed our audit in accordance with auditing standards. For example, the further removed
non-compliance with laws and regulations is from the events and transactions reflected in the financial
statements, the less likely the inherently limited procedures required by auditing standards would
identify it.
In additions, as with any audit, there remained a higher risk of non-deteclion of fraud, as these may
involve Collusion, forgery, intentional omissions, misrepresenlalions, or the override of internal
controls. Our audit procedures are designed to delect material misstatement. We are not responsible
for preventing non-compliance or fraud and cannot be expected lo detect non-compliance with all laws
and regulations.
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional sceplicism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misslalemenl resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audil
procedures that are appropriate in the circumstances, bul nol for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
eslimates and related disclosures made by the trustees.
Conclude on the appropriateness of Ihe trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainly exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainly exists, we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained
up lo the date of our auditor's report. However, future events or conditions may cause Ihe charity
to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.

Page 11
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust {¢ontlnu&d)
Year ended 31 March 2025
We communicate wilh those charged wilh governance regarding, among olher matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audil.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the
charity's members those matters we are required lo slate to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other Ihan the charity and the charity's members as a body, for our audit work, for this report,
or for the opinions we have formed.
Paul Cridland Bsc FCA (Senior Statutory
Auditor)
Charlton 8aker (Bristol) Ltd
Chartered Accounlanls & statutory auditor
61 Macrae Road,
Ham Green,
Bristol
BS20 ODD
18 November 2025

Page 12
South Bristol Church and Community Trust
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Reslricled
funds Total funds
2024
Unrestricted
funds
Total funds
Note
Income and endowments
Charitable activities
Investment income
470,453
6,272
470,453
6,272
452,823
6,408
Total income
476,725
476,725
459,231
Expenditure
Expenditure on charitable activities
Total expenditure
470,201
64,970
535,171
504,430
470,201
64,970
535,171
504,430
Nel {lossesllgains on investments
{7,838)
17,838)
17,220
Net expenditure
(1,314>
(64,970)
(66,284)
(27,979)
Transfers between funds
{5,5081
5,508
Net movement In funds
(6,822)
(59,462)
(66,284)
(27,979)
Reconciliation of funds
Total funds brought forward
Total funds carrled forward
294,580
3,069,080
3,363,660
3,391,639
287,758
3,009,618
3,297,376
3,363,660
The slalement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 14 to 24 form part of these financial statements.

Page 13
South Bristol Church and Community Trust
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Flxed assets
Tangible fixed assets
Investments
13 3,006,264
14
174,155
3.065,726
181,993
3,180,419
3,247,719
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
2,063
98,068
57,582
1.622
126,948
35,944
157,713
164,514
Credllors: amounts falling due within one year
Net Current assets
17
40,756
48,573
116,957
115,941
Total assets less current Ilabllltles
3,297,376
3,297,376
3,363,660
Net assets
3,363,660
Funds of the charlty
Restricted funds
Unrestricted funds
3,009,618
287,758
3,069,080
294,580
Total charity funds
19 3,297,376
3.363,660
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 18
November 2025, and are signed on behalf of the board by:
Richard Eddy
Trustee
Rev Patrick Slonehewer
Trustee
The notes on pages 14 to 24 form part of these financial statements.

Page 14
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General informatlon
The charity is a public benefit entily and a private company limited by guarantee, registered in
England and Wales and a registered charily in England and Wales. The address of the
registered office is The Withywood Cenlre, Queens Road, Wilhywood, Bristol, BS13 8QA.
Statement of compliane&
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statemenl of
Recommended Practice applicable lo charities proparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial slalements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include
a cash flow slalement on the grounds that it is applying FRS 102 Section 1A.
Judgements and key sources of estimatlon uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimales and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances. We can confirm that
there are no critical judgemenls or eslifflales to note.

Page 15
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (Continued)
Fund accounting
Unrestrlcted Income funds
These are funds which can be used in accordance with the charitable objects at the discretion of
the trustees.
Restricled Income funds
Incoming resources in the form of grants and project income are Irealed as restricted on the
basis that they have been received for specific purposes as laid down by the donor. Expenditure
that meets these criteria is identified to the fund, together wilh a fair allocation of salaries and
overhead costs. Where projects are subslanlially funded from reslricted income, any surplus
funding will be carried forward as a reslricted fund.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charily and the amount can be reliably measured. The following specific policies
are applied to particular categories of income..
income from donations or grants is recognised when there is evidence of enlillemenl to the
gift, receipt is probable and ils amount can be measured reliably.
legacy income is recognised when receipt is probable and enlillement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical lo measure reliably, in which case the value is derived from the cost to the donor
or Ihe estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unreslricled funds unless there is a contractual
requirement for it lo be spent on a particular purpose and returned if unspenl, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered and is reported as part of the expenditure to which it
relates.
Costs of generating furnds comprise the costs associated with attracting voluntary income.
Charilable expenditure comprises those costs incurred by the Charity in the delivery of its
activities and services for ils beneficiaries. It includes both costs that can be allocated directly to
such aclivilies and those costs of an indirect nature to support them.

Page 16
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2025
Accounting policies (continued)
Tangible assets
All fixed assets are initially recorded al cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less ils residual
value, over the useful economic life of that asset as follows:
Leasehold Property
Fixtures & Fittings
Equipment
Over the remaining life of the lease
Straight line over 10 years
Straight line over 4 10 5 years
Investments
Unlisted equity investments are initially recorded al cost, and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting dale.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow-moving items, on a FIFO basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party lo the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where
it is recognised al the present value of the future payments discounled at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured al the cash or other
consideration expected lo be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.

Page 17
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (continued)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related seNice is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead lo a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of Ihe discount is recognised as an expense in
the period in which it arises.
Llmlted by guarantee
The company is limited by guarantee. In the event of a winding up, each trustee is limited lo pay
£1 each. As al 31 March 2025 the number of Iruslees was 612024.. 61.
Charllable actlvltles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Rent & rechargeables
SeNice charge
Room hire
Cafe & catering
Other income
64,788
266,588
51,683
76,730
10,664
64,788
266,588
51,683
76,730
10,664
65,897
246,723
57,076
75,972
7,155
65,897
246,723
57,076
75,972
7,155
470,453
470,453
452,823
452,823
Investment Income
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Income from listed investments
Bank interest receivable
5,829
443
5,829
443
6.272
6,272
Unrestricted
Funds
Reslricled Total Funds
Funds
2024
Income from listed investments
Bank interest receivable
5,498
5,498
910
910
5,498
910
6,408

Page 18
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2025
Expenditure on charitable activilies by fund type
Unreslricled
Funds
Reslricled Total Funds
Funds
2025
Staff costs
Premises costs
Office costs
Repairs and Maintenance
Other costs
Café expenses
Rechargeables
Professional fees
Finance costs & Charges
Depreciation
189,710
110,830
11,269
50,964
1,757
91,362
4,876
8,152
1,281
189,710
110,830
11,269
50,964
1,757
94,106
4,876
8,152
1,281
62,226
2,744
62,226
470,201
64,970
535,171
Unrestricted
Funds
Reslricled Total Funds
Funds
2024
Staff Costs
Premises costs
Office costs
Repairs and Maintenance
Other costs
Café expenses
Rechargeables
Professional fees
Finance costs & Charges
Depreciation
170,422
109,189
10,316
39,459
1,547
90,009
4,859
12,452
1,204
170,422
109,189
10,316
39,459
1,547
92,572
4,859
12,452
1,204
62,410
2.563
62,410
439,457
64,973
504,430
Expenditure on charltable actlvltles by actlvity type
Activities
undertaken Total funds
directly
2025
Total fund
2024
Staff costs
Premises costs
Office costs
Repairs and Maintenance
Other costs
Café expenses
Rechargeables
Professional fees
Finance costs & Charges
Depreciation
189,710
110,830
11,269
50,964
1,757
94,106
4,878
8,152
1,281
62,226
189,710
110,830
11,269
50,964
1,757
94,106
4,876
8,152
1,281
62,226
170,422
109,189
10,316
39,459
1,547
92,572
4,859
12,452
1,204
62,410
535,171
535,171
504,430
In the opinion of the trustees the charily only undertakes one activity which is Ihat of providing a
community centre in the Wilhywood area of South Bristol.

Page 19
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Included in professional fees are amounts payable to the auditor analysed as follows:
2025
2024
Statutory audit
Other services
3,000
3,000
3,000
2,985
6,000
5,985
Net (losses)Igalns on Investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Gainsl{losses) on listed investmenls
(7,838}
(7,838)
17,220
17,220
10. Net expendlturo
Net expenditure is stated after chargingl(crediting)'.
2025
2024
Depreciation of tangible fixed assets
64,970
64,972
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
225,415
13,550
4,328
206,910
11,690
3,998
243,293
222,598
The average head count of employees during the year was 912024.. 9}. The average number of
full-lime equivalent employees during the year is analysed as follows.
2025
2024
No.
Management & administrative staff
Project staff

Page 20
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnuedJ
Year ended 31 March 2025
11. Staff costs (Gontinued)
No employee received employee benefits of more than £60,000 during the year12024'. Nill.
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £112,486 (2024.. £70,205).
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the Iruslees.
No payments were made during the year in respect of trustees, expenses.
13. Tangible fixed assets
Land and Fixlures and
buildings
fillings
Equipment
Total
Cost
At 1 April 2024
Additions
4,761,341
227,828
433,122
5,508
5,422,291
5,508
At 31 March 2025
4,761,341
227,828
438,630
5,427,799
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
1,900,326
28,585
138,267
12,345
317,972
24,040
2,356,565
64,970
1,928,911
150,612
342,012
2,421,535
Carrying amount
At 31 March 2025
2,832,430
77,216
96,618
3,006,264
Al 31 March 2024
2,861,015
89,561
115,150
3,065,726

Page 21
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2025
14. Investments
Llsted
investments
Cost or valuatlon
At 1 April 2024
Additions
Fair value movements
181,993
(7,838)
174,155
At 31 March 2025
Impairment
Al 1 April 2024 and 31 March 2025
Carrying amount
At 31 March 2025
174,155
At 31 March 2024
181.993
All investments shown above are held al valuation.
Financlal assets held at falr value
The fair value of listed investments is determined by reference to the quoted price for identical
assels in an active market at the balance sheet date.
Inveslments al fair value compromises of securities.
15. Stocks
2025
2024
Raw materials and consumables
2,063
1,622
16. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
4,107
93,961
7,435
119,513
98,068
126,948
17. Credltors: amounls falling due within one year
2025
2024
Trade creditors
Accruals and deferred income
Social securily and other taxes
Other creditors payments received on account
Other creditors
12,816
11,641
3,996
13,436
16,981
4,519
1,495
12,142
12,303
40,756
48,573

Page 22
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
18. Pensions and other post-retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £4,328 {2024: £3,998).
19. Analysls of charltable funds
Unrestrlcted funds
At
Gains and 31 Mar 202
losses
At
1 Apr 2024
Income Expenditure
Transfers
General funds
294,580
476,725 {470,2011
{5,5081
{7,838)
287,758
At
Gains and 31 Mar 202
losses
At
1 Apr 2023
Incomo Expenditure
Transfers
General funds
306,576
458,321
(439,457) {48,080)
17,220
294,580
Restrlcled funds
At
Gains and 31 Mar 202
losses
At
1 Apr 2024
Income Expenditure
Transfers
Capital Build
Project
Capital Repairs
Steering Group
3,065,726
(64,970)
5,508
3,006,264
3,354
3,354
3,069,080
(64,970)
5,508
3,009,618
At
Gains and 31 Mar 202
losses
At
1 Apr 2023
Income Expenditure
Transfers
Capital Build
Project
Capital Repairs
Steering Group
3,030,861
50,848
3,354
(64,9731
99,838
(51,758)
3,065,726
910
3,354
3,085,063
910
164,9731
48,080
3,069,080

Page 23
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
19. Analysls of charitable funds (contlnuedj
Transfers
The transfer from the Capital Repairs fund lo the Capital Build Project fund was the purchase of
a number of fixed assets during the period.
Capital Build Project
This represents the net book value of thg building, fixtures and filtings and all capital equipment
within the centre as at 31 March 2025.
Capital Repalrs
This is the balance of the Capital Build funds which is held within high interest deposit accounts
and is used for capital equipment purchase and replacemenl.
Steering Group
This fund represents funds raised through activities of the steering group less any costs incurred
and is lo be used for the benefit of the Withywood Centre.
20. Analysls of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Inveslments
Current assets
Creditors less than 1 year
Net assets
3,006,264
3,006,264
174,155
157,713
140,756)
3,297,376
174,155
154,359
(40,756)
287,758
3,354
3,009,618
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
3,065,726
3,065,726
181,993
164,514
(48,573)
3,363,660
181,993
161,160
(48,573)
294,580
3.354
3,069,080
21. Financial instruments
The carrying amount for each category of financial instrument is as follows:
2025
2024
Financial assets measured at fair value through income and expenditure
Listed investments
174,155
181,993
The net losses atlribulable to the charity's financial assets measured at fair value through net
expenditure was £7,838 (2024 - gains £17,220>.

Page 24
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continuèd)
Year ended 31 March 2025
22. Operating lease commitments
As lessor
The total future minimum lease payments receivable under non-cancellable operating leases are
as follows..
2025
2024
Not later than 1 year
Later than 1 year and not later than 5 years
50,582
352,000
13,574
6,172
402,582
19,746
23. Relaled parties
Wilhywood Church is a foundational element of South Bristol Church and Community Cenlre.
The church is ecumenical, with one minister from the Church of England and a second from the
Methodist Church. Both ministers sil on the Trustee Body by virtue of their position and
declared a conflict of interest when dealing with the proposal lo waive the church's contribution to
the service fees for 2024-25 of £17,963 (2023-24.. £15,646).
This proposal was made by the management team, then discussed and agreed solely by the
remaining Trustees. These include representatives of the Diocese of Bristol (Church of
England), the Bristol & South Gloucestershire Circuit {Melhodisl Church), and a local councillor.
The decision to waive the fees was based on the financial position of Wilhywood Church, which
meant that it was not in a position to make the payment and would have become insolvent had
the payment been made. The opportunity for the church to raise its own funds is restricted
because of its position within the Centre which significantly limits income Ihrough property
lettings, a typical source of income for other churches.
Without the church's foundational involvement, the Trust would be at significant risk of folding, so
Ihe Trustees agreed that the service charge should be waived. The Diocese and Circuit
continue to review the financial sel up for Withywood Church, lo consider how to resolve this
matter in the longer term.