Ihe Joseph A Rank irusc the Joseph Rank trust Report and financial statements for the year ended 3 1st December 2025 Charity number 1093844 Company number 4465857 (A copnpanj, limiled bj, guuranlee)
rhe Joseph o Rank trusi Trustees, report and financial statements for the year ended 31" December 2025 Contents Page Legal and administrative Anfonnation Report of Ihe Trustees 3tolO Independent Auditor's report I t(Tr 14 Statement of financial activities 15 Balance sheet 16 Statement of c35h flows 17 Notes foming part of the financial stsrements 18to25 Grant commitments made during (he year 26to27
rhe Joseph o Rank trusi THE JOSEPH RANK TRUST LEGAL AND ADMINISTRATIVE INFORMATION Charity name Charity regislration number Coinpany regIStr10n number Web address The Joseph Rank Trust 1093844 4465857 www.rdnktrust.org @JoseplfftankTrust X liandle= R¢gistered office and Secretary's office Worth Corner. Turners Hill Road, CRAWLEY, RH107SL Trustees Mr James B Rank (Chuii'ifriun) The Reverend Darren Holland Mr Joseph Piers Jennings Ms Gay Moon {I'ice-Chairman} Mr Colin RH Rank Mrs Sue Warner (1.2,3.4) {Ci)mniiiiee menib¥r5hip.' l Finance, 2 .Ileihodisi FNAdildviJorJw Cii'oup, 3 - .I.Omith71ioS, 4 -_ .4ppOi1rneI5) Staff Dr John H HiS PhD MS¢ (City) MA (Londl MA IKinBStonl BA114onsl Mr Alan T Lester FCA Secretary Accountant Auditors Moore Kingston Smith LLP, Betchworth House, 57-65 Station Road: REDHILL, RHI I DL Bankers Barclays Bank plc. l 00 Fen¢hurch Street. LONDON, EC3M iJD. CAf Bank Limited, 2) King5 Flill A Ycnuc, King3 Hill, West Mallins. Kent MCI 9 4JQ IDvestment advis¢rs CCLA, l Angel Lane, LONDON EC4R 3AB Solicitors Bates Wells, l O Queen Street Pla¢¢, LONDON, EC4R I BE
Ihe Joseph fi Rank rrust THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES YEAR ENDED 31 DECEMBER 2025 TRUSTEES, REPORT The Board of Trustee5. who also Served as Company Directors dLiring the year. of The Joseph Rank Trust {'the Charity., 'Trusl' or 'Company'} presenl their repon for the year ended 31 De¢ember 2025. The Trustees ¢onfimi that ihe financial statements have been prepared in accordance with the CoTnpanie5 Act 2006, the Trust's governing document and the Statement of R¢comrnended Practice applicable lo charities preparing accounts in ac¢ordanc¢ with FRS 102. effe¢live l January 2019. REFERENCE AND ADMINISTRATIVE DETAILS The Trust is a charitable company limii¢d by guarantee. It was incory)ordted on 20 June 2002 and registered as a charity on 18, Sepiemb¢r 2002. The Company was established under a Memorandum of Association, which established th¢ objects and powers of the charitable company and i5 governed Linder its articles of associaiion. In the event of the Company being wound up meinbers are required to coniribute an amouni noi exceeding £1 each. On 31. December 2002, the Cornpany succeeded lo the undertaking (including all assets. subject to all liabilities) of The Joseph Rank Bencvoleni Trust. The asset5 of that Trusl comprised the Methodist Church Fund, a Restricted Fund to be applied for purposes connected with, or for the benetit of, Methodism and a General Fund, availabl¢ to b¢ applied io suppon wider charitable objects. The Joseph Rank Benevolent Trust itself. which was established on 29 April 1999, succeeded to the undertaking of The Joseph Rank Benevolent Trust (No. 3). which was established on 18th April 1929. The Joseph Rank Benevolent Trust (No. 3) succ¢ed¢d to th¢ undertakings and amalgamation of The Joseph Rank Benevolent Trust (No. 2), which was establisl)ed on 1° October 1918, The Joseph Rank Benevolent Trust {No. 4). whi¢h was ¢si8blish¢d on 23 June 1931: and The Joseph RaRk (1942) Trust, which established on 21" April 1942. All of these Tru51s had been ¢stablislied by the18te Mr. Joseph Rank or by members of his family. Following a resoluiion made by the Trustees at the 2009 AGM, The R¢gistrar of Companies for England and Wales authorised a change of name of the charity from The Joseph Rank Tn]st Limited to The Joseph Rank Trnsi. 'l-he chang¢ carne into effect on 15 June 2009. STRUCTURE, GOVERNANCE AND MANAGEME]Yf The Trust is governed by its Memordndum and Articles of Association adopted on 6 June 2002. The Trustees meei four limes during the year lo govern Ihe Charity. TTUStees' meetings include Board medings wher¢ Trustees review strategy, operational and investmeiit perforniance and the seftingi of operating plans and budgets. An Annual General Meeting is held in July. The Trnst is a member of ihe Charity Finance GTOUP and the Secretary is an aelive member of the Foundaiion's Forum, the Wale5 Fundets Forum and the Christian Funders, Forum. Effective partnership between Trustees and staff continues io contribuie significantly to otjr 5ucce55. The Board delegates the exercise of certain powers in connection with the managemeni
rhe Joseph fi Rank rrusi THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES {CONTINUED) YEAR ENDED 31 DECEMBER 2025 and administration of the Chariiy as sel out below. This is controlled by regular reporting back to the Board, so that all d¢¢isions made under delegated powers are ratified by the full Board. The administration of the 'frust is directed by the Board of Trustees. with certain aspects of the work being delegated to four committees.. 111 finance, {zi meihodisl fund advisory group, 131 nominations and141 appoiniments, which have defined ternis of reference. The primary function ot the finance ¢ommittee is lo monitor the perforniance of the investment advisers and io keep the main Board advssed of th¢ level of funding available for the purposes of making grants. It also oversees the general financial administration of the Trust. The Methodist Fund Adi'isory Group is responsible for considering in deiail app¢als siibmitted by Meihodisi charities, Independent Methodist bodies, churches, ¢iwuits and distri¢ts of The Methodist Churcli of Great Britain and The Methodist Church in Ireland, and tl)ereafter to pul fonvard recommendations to the main Board. Both ihe above comminees met forn)ally four times during the year. The nomination5 eommiltee 18 responsible for keeping under review the constitution of the Buard and rnaking recominendations on the appointment of new Trusteeg. The appointments committee was established to put recommendations on staff matters to the Board. All of the Trustees are involved in the grant-making process of the Trust. The S¢¢retary is responsible for the day-to-day managemeni of the Trusi and for implemenring policies agreed by the Board of Trustees. The Accouniant &ssists the Secretary and is responsible for the Trust's financial matt¢rs. Reeruitment #nd a ijintment of Tru$tee$ The Trustees are alsv Dircclors for Ihc purposes of Companies A¢1 2006. Under tlie provisions of clause 12 of the articles of &socialion. a Chairman is ¢le¢ted for a lem) of rive years. Mr. James Rank. was re-elected Chairnian in July 2022. His office will run from O¢tob¢r 2022 to October 2027. a period of five vears. Each year. al the annual gen¢ral meetin& one third of the eligible Trustees retire by Totation. At the fortheoming annual general meetin& Mr Joseph Piers Jennings, Ms Gay Moon and The R¢v¢rend Darren Holland retire by rotaiion and being eligible, offer thernselves for re-eleciion. Under the provisions of clause 7(1) of the ani¢les of association, Trustees are appointed by resolution of the Board followi1)¥ recommendations pui forward by the Chaim)an. Clause 7{2) of ihe article5 of association Siipulates ihat, in seleciing persons ro b¢ appointed a8 Trustees account shall be taken of the benefit5 of appointing a pcrson who is able, b). virtue of his or her personal or professional qualifications. to contribute to the pursuit of the object5 or management of the Trust. All TNstees are required to declare at the AGM all rclevant interesis. details of which are kept in a Regisier ofinierests which is maintained by ihe Secretary.
the Joseph o Rank trusr THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 DECEMBER 2025 Trustee roles induction and traini The Tru5tces all have skills that enable thcTn to conlribute lo the work of the Trust. Those skills are kept up to date by a combination of their involveinenl with the work of the Trust, both in reading about specific areas of the Trusi-"s work and visiting projects being supported by the Trust. In addition, Trustees are provided with copies of literature pr(xluced by the Charity Commission and other organTSalions dealing with changes in legislaiion and current good prdctice. Trustees also participale in periodic 'Blue Skies days, where th¢ work of the Trust and possible future initiaitves are Considered away from the office with the help of an independent facilitator. Statement of Trustees, Res QDSihilities The trustees (who ar¢ also directors of The Joseph Rank Tn]st for the purposes of company law) are responsible for preparing ihe Trustees, Report and ihe financial stateinents in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Ac¢¢ptcd Accounting Pracii¢el including FRS 102 'Th¢ Financial R¢porting Standard applicable in the UK and Republi¢ of Ir¢land-' Company law requires irusiees to prepare financial statements for each financial year which give a true and fair view of Ilie stat¢ of affairs of the charitable company and of the incoming resources and application of resourc¢5, including the income and expenditur¢, of the charitable company for thai p¢riod. In preparing tlie financial statemenis, the trusiees are required io.. select suitable accounting poli¢ies and then apply them consistently; observe the methods and principles in the Chariries SORP,. make judgements and estimates that are reasonable atxi prudent- Stale whether appli¢able UK Accounting Standards have been followed, subject to any material departures disc105ed and explained in the financial siatemenis. and prepare the financial statement5 011 the going concern basis unless it is inappropriate to presume Ihat the eharitable company will ¢oniinue in business. The truste¢s are responsible for keeping adequate ac¢ounling records that disclose with re&soiiable accuracy at any time the financial posilion of tlie charitable company and to enable them to ensure ihal the finaiicial stateinents comply wilh the Companies Aci 2006. They are also responsible for safeguarding the assets of the charitable ¢ompany and hence taking reasonable steps for ihe preveniion and detection of fraud and other irregulariiies.
rhe Joseph é Rank trust THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 DECEMBER 2025 In so far as the trustees are aware: there is no relevant audit Énformation of which ihe charitable company's auditor is unaware- and- the tnJsl¢es have taken all steps thaf they ought to have taken to mak¢ themselves aware of any relevant audit information and to establish that the auditor is aware of that informalion. The trustees are responsible for the maintenance and inteity of the ¢orporale and financial information iii¢luded on the charilable company"s website. Legislation in the United Kingdom governiiigy the preparalion and dissemination of financial statements may differ Irom legislation in other jurisdictions. OWECTIVES, ACTtVlTIES AND ACHIEVEMENTS The Trust's registered objects are: to advance the Christian faith: ¢0 further any other objects or purp)s¢s which are exclusively charitable according to the laws of England and Wales in force from lime to rime. ranl makln The Trustees meet the objectives through iwo main 8¢1iviti¢s: Projects that demonstrate a Christian approa¢h lo the pra¢li¢al. educational and spirilual needs of people of all ages. 2. The adaptation of Church properties with a view to providing improved facilitics for use b!, the church and lis i¥ork in the community in ivhi¢h it is ba%d, ii."ith due regard to ihe requirements of the Methodist Church Fund (u r¥.slri¢iEdfiilld). Jn making grants for the adaptation of Church prop¢rti¢s. th¢ Trust¢¢s work wilh all denominations plus ¢hur¢hes, ¢ir¢uits and districts of Tho Mothodist Ciiuwh of Groat Britain, and Th¢ Mctlxodist Church in Ireland and other Methodisi bodtes. Consideration is given to ChLirches ihat advance the Chrsxtian faith by fundii)g projects that meet the social needs of the community around them. After supporting these main activities, the Trustees are prepared to consider other appeals. although resources remaining io sUPlXTrrt such appeals are limited. Other appea15 which are Selected for consideration by th¢ Truste¢s must, in iheir view, deinonstrate a Christian approach to the practical. educational and spiriiual needs of people. The Trustees do not consider appeals from individual4 unregistered organisations or from charities for ihe benefit of named individuals.
th¢ Joseph é Rank trust THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 DECEMBER 2025 When considering appeals to the Trusi if there any conflicts of inierest that arise from ageiida items, the Iruslee in question is required to withdraw from any subsequent discussion as deemed appropriate by the Chaim)an, and this 15 noted in the miniites of the meeting con¢erned. The Trust's online r¢sente During the year. the Trust maintained ils existing website www.rdnkirust.org and a social M]4 presen¢¢ on X using Ihe handle @JosephRankTrusl At the end of the year the Trust had 1,117 followers and achieved 19,500 post impressions (niimbÈr ofiipnespeople ipieiiJÈd oiir pne.¥sages) during the year. The Trust's website publishes important infomJ&iion on whal the Trust aims to do, how to apply to the Tru for funding, and what the Trust has i*en doiiig. Thi5 inforn)alion is available free to a]1 Vi5ilors. The Trust is committed to transpar¢n¢y and we work with 360Giving lo publish data about our ¥ants. A link io ihe detailed analysis of our grant data between 2017 and 2025 click is provided on the homepage of the websile. Since 2017 the Trusi has submitt¢d ils grant data to 360Giving: ranrvis.thrcesi 093844&fundin ivin -or 91undin anization=GB-CH iorkGB-COH4)4465857 Public Benefit The Trustees have ¢ornplied with section 4 of the Charities Act 2006, having due regard for the Charity Comjnission's guidance on public benefit is'1)¢n Tevieiving the Trusl-s alin5 and objectiv¢$, when setting the grant making policy and in making awards. The Tn2s1ees are satisfied thai the Trust Tneets the public benefit requirement by supporting a wide and diverse range of charitable activities. and the>, carefully review the public benefit impa¢l when considering grant applications and continue to support only UK registered charities. A£h&¢venJ¥nt Tlie Trust aims to id¢nlify and support charities which can demonstrate ihat they can deliver successful oulcomes on behalf of individuals, groups and communities they seek to serve. Through tlie Trust policy of visiting appeals, both prospective and existing, we are constantly 5Lirprised to discover the diverse and wide range of activities and supplies that are delivered to front-line beneficiaries. As a responsive grant-maker, with a grant-plus meih(Klology (nol only givip7gfinancial.Yuppori bui Ivhei'L appi'upriule iiniwrl projecl-i'L,leiiuiii ki?(}Hyl¥dg¥ be.¥1 pracliLe), we operate across a large nuinber of sub-sectors in the Christian and faiih-based communities that we serve. See Www.Tanktrst.0JcategorlSed1lnkS.htM for further details.
che Josepho Rank trust THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 DECEMBER 2025 A significant area of our funding is core funding or revenue fundin& which is awarded io charities in both a resiricled and unrestrict¢d way. During the year. grant commitments totalling £2.759,500 (2024: £2.695,300) were made of which £272,000 (2024.. £310.8} represented commitments to Methodisi appcals and £2,487,500 (2024= £2,384.500) represented commitrnents to general appeals. A summary list of commitments 15 produced later in this report (poge5 26 10 27) showing the geographical spread in th¢ UK based upon Royal Mail postcodes. The Trust continued its policy of visiting pr05peclive and existing appeals and 140 visits were made by the Secretary and Trusl¢¢s. tktails of grant commitments are given belween pages 26 to 27. FINANCIAL REVIEW InTh'e5t The main investment objectives are to protect the investment portfolio from the effects of inflation, Ihereby providing funds io reswnd to identified needs whilst also securing ihe Capital b&s¢ for the long-lemi future. In deciding upon invesmients. the Trust's investmenl advisers adopt a Socially Responsible Investmcnt ISRII policy that includ¢s ¢arrying oul research into ihe social, environmental and eihical stance of companies. Investment erformallce The Trust's invesirnenl portfolio 15 managed bv CCLA within guidelines weed with the Trustee5. The performance of the inveslmenr portfolio is monitored by the finance committee. which meets quarterly with the investTnent advisers. During the year ihe value of the Trust's investment portfolio decreased by £4.800m.' the General Fund by £3.83m and Methixlist Churcli fund by £970k. The main factors affecting global markets during the financial year were the impact of tariffs. the ongoing conllict in Ukraine, a slowdown in Ihe Chinese domestic economy and rhe concern5 aboui aJL ov¢rvaluaiion of tech 5Lu¢k5. The Trust-s invesimeni advisers and Fund Managers recognise these Challenges and are confident that the main investment funds are positioned accordingly. There are also concerns about slu1$h growth and tatIon policy within the UK economy. Reservex olie Thc only rcstri¢tion that ihe Memorandum and Articles of Association pla¢e on the use of capital is that the resources of the Methodist Church Fund must be applied for purposes connected wiih, or for the benefit of. Methodism. The work of the Trust is deI]dent upon the income prodliced by the investinent portfolio. As at 31" tk¢emb¢r 2025, it is estimated that it will produce a return of ai least 3•/0 which will be suificieni lo enable the Trust io continue with its established pattcrn of grant making. At 31" December 2025 the reserves within the General Fund amounted to £73.001m (2024- £77.195m) and within ihe Meihodist Church Fund £18.730m (2024: £19.304m). As stated above. the reserves are required to produce an income sufficient to enable the Trust to finance its work.
the Josephfi Rank rrust THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTJNUED) YEAR ENDED 31 DECEMBER 2025 The Tn]st's policy is io not make subslaniiaI increases in reserves other than are necessary lo finance the work of the Twsl. It is anticipated that resources expended in any one year might not always match incoming resources wilh the resuli that the level of reserves will flu¢tuate iii addition to any increases or decreases because of movement5 in ihe value of investm¢nls within the portfolio. The decrease in the value of the portfolio is explained on page 8 in the investmeni performance section. The Finance Committee continues to review the resetves policy and the lev¢1 of reserves held on an on-going basis to ensure that they are ad¢quate to fulfil the Trusr's commitmcnts and to ensure financial stability. Risk asyes%ment Each ycar the Board of Trustees examine5 all areas of the Charity's operations and consider what ajor risks may arise in each of these areas. The principal risks are the loss of our 2 Staff (internal) and a significant downturn in the economy (extemall. In the opinion of the Trustees, the Charity has e51ablished procedures and review systems to manage these risks. In addiiion. the Finance Committee considers risks specifically relaied to Iinance and investm¢nls at each of iheir meetings. with any issues raised Iring reported io the main Board of Trustees. Related arties The Trust does not have any directly related partie5. StatTs8laries The Finance Coiniiiillee forinally reviews the siaff salaries and conditions each year and makes recominendaiions to the main Board of Trustees. Auditor Moore Kingston Smith LLP has indicated its ivillingness to continue in office. SEnall Com Iinles E_lem tion Tliis repori has be¢ii prcpared in accordance with the provisions applicable to companies entitled to the small companies exernption. FUTURE PLANS The Trust plans to continue the activities along ils established lines and will be responsive to new development5 by organisations that share (he Trust's objectives. The Trustees intend to continue to follow a strategy that has following aims.. to be pro-aciive in ilie approacli to grant giving. to provide a gjrant-plus approacli (nol ok71y giving.financial 5uppori bi& s1,here appropriate impL7fi projecl-r¢,levani knoii,ledge and besi pi-ueiicv), ils dealiiigs with charities seeking 12) 13} 141 io Lullaborate and netiyork with other Tnjsis and organisations with similar objectives; to take steps to increase income., io promote best practice in the use of chur¢h and community buildings. Éo be iransparent, Pro-active and open with our grani data. {61
the Josephfi Rank trusi THE JOSEPH RANK TRUST REPORT OF THE TRUSTEES (CONTINUED) YEAR ENDED 31 DECEMBER 2025 I'he Ttuslees are conteni that Mr Joseph Rank, our founder, would approve of the efforts of Ihc Trust over the last year and would be satisfied thai the Trust is meeting the moral and legal obligations that it owes to its beneficiaries and io its benefactors. Approved by the Trustees of The Joseph Rank Trust (chLW'Ety numher 1093844 ond companjj number 446i857) on 23 Apytl 2026 and signed on its behalf by: J.B. RANK Chairm8D 10
thc Joseph fi Rank rrusr INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE JOSEPH RANK TRUST OpiDIOII We have audited th¢ finan¢ial 51ateJnents of The Joseph Rank Tr[ ('the charilable ¢ompany') for Ihe year ended 31 December 2025 which comprise the Stateinent of Financial Activitie5 including the Income and Exp¢nditurc Account, the Balance Shccl, the Cash Flow Statement and Iioics to the financial statements, including significant a¢¢ounting policies. The financial reportii)g framework thai has been applied in their preparation is applieable law and Uniled Kingdom A¢cotJniing Standards, including FRS 102 'The Financial Reporting Standard Appli¢able in the UK and Republi¢ of Ireland, (United Kingdom Gei)¢rally Accepted Accounting Pra¢ti¢e). In our opinion the financial statements.. give a tnje and fair view of ihe state of lh¢ ¢hariiable company's affairs as al 31 DeceinbeT 2025 and of its in¢on)ing resources and applicaiion of resources, including its income and expenditure, for the year then elided. have been properly prepared in aecordance with United Kingdom Generally Accepted A¢counling PrdCti¢e; and have been prepared in accordance with the requirements of the Companies Act 26. B•$ls for oplnlon We conducted our audit in accordance with International Siandards on Auditiiig (UK) {ISAs (UK)) and applicable law. Our responsibilities under ihose standards are further described in the Audiror's Re5ponsibiliiies for ihe audii of the financial stsi¢ments se¢iion of our report. We are independent ol. rhe charitable company in accorda])ce with the ethical requiremenis that are relevant to our audit of the financial siaiemenib in the UK, including the FRC'S Ethical Standard. and ive have fulfilled our other ethical responsibiliiies in a¢cDrdance with these requirements. We believe that the audit evidence we have obtsined is sufficienl and appropriate to provide a basis for our opinion. Conclusions rel4ting to going concern In auditing the financial statements. 'e have con¢luded ihai the trustee5' Use of the going eon¢ern basis of a¢¢ouniing in the preparation of the financial statements is appropriate. Based on ihe work we have perfornied. w¢ have not identified any material uncertainties relating lo event% or condiiinnq thai. indTvid115)Ily or collectively_ ma), eagi qignificani doubt on the eharitable company'¥ ability to Continue as a going concern for a period of al lea51 e1ve moi)ths from when the financial statcments are auihoTised for issue. Ovr responsibilities and the responsibiliiies of the trusiees with respect to going ¢on¢ern are described in Ihe relevant sections of this r¢tt. Other inforniatio The oiher infornialion comprises the information included in the annual report. other than the financial staE¢menls and our auditor s report th¢r¢on. The irustees are responsible for the oiher infomialion contained within the annual report. Our opinion on the financial statement5 does not cover the other informaiion and, except to the extent otherwise explicirly staled in our reFQrt, we do not ¢xpress any fomi of assurance conclusion thereon. Our responsibility is to read the other iiiforniation and. in doing so. consider wh¢th¢T the otl)¢r information is materially inconsistent with the financial statements or OUT Lnowledge obtained in the course of the audit or
the Joseph a Rank trust otherwise appears to be materially misstated. If we idenlify such material inconsistencies or apparent material misstatemenls, we are required lo detcrniine whether there is a Inat¢rial misstatement in the finan¢ial Statements themselves. If, bascd on the work we have perfomed, we conclude that there is a maierial misstat¢ment of this other infonnatioii, we are required io report Iliai faci. We have nothing to report in this regard. Opinions on other matters preseribed by the Compafties Act 21H)6 In our opinion, based on the work undertaken in the course of the audit: the infomiation given in the trusiees. annual report for the financial year for which the finan¢ial statements are prepared is consisieni with the financial statements- and the trusiee5' annual report has been prepared in arcordance with applicable legal requir¢menls. Mstters on wbich Ive are required to report by exe¢ptlon In the light of the knowledge and understanding of the compaiiy and its environment obtained in the course of Ihe audil, we have not identified maierial mi55th¢ements in the trustees, annual repon. We have nothing to report in respect of the following matters where ihe Companies A¢1 2006 requires us to report to you if. in our opinion.. adequaie accouniing records have not beeti kept, or r¢lurns adequate for our audit have not been received from branches noi visited by us- or Ihe financial stalements are noi in agreemeni with the accounting records and r¢turns' or certain disclosures of trustees reTnuneration specified by lalv are nor made.. or we have not Teeeived all the infornlation and explaiiaiions we require for our audit- or the trustccs were not entitled to prepare the financial stat¢m¢nt5 in accordance with the small ompanies Tegime and take advantage of the small companies exemptiotk in preparing the trusiees. annual report and from preparing a strategic repon. Responsibilities of trustees As explained Jnore fullv in the irustees responsibilities statement set out on page 5, Ihe trusiees {who are also the directors of the charitable compani, for the purposes of compan>. la) are responsible for the preparation of ihe financial statemenis and for beiF)g sat15fied that thel" give a true and fair vieiTr, and for such internal ontrol as the irusie¢s deE¢rtninr 15 ncce55ary to cnablr ih¢ pr¢paraiion or riiiaiicial SUL(¢Jll¢llts thai ar¢ fT¢e from material misstalement. whether due to frnud or ¢Tror. In preparing the financial slatemenls, the trusiees are responsible for assessing the charitable company's ability to continue as a going concern, disclosingy. as applicable, matters related to going concem and using the going concem basis of accounting unless the irustees either intend to liquidate the charitable company or to c¢ase owations, oi have no realistic alternative but to do so. Auditor's Responsibilitie5 for the audit of the finsineial ststements Our objectives are to obtain reasonable assurance about whether ihe fi[nCIal statement5 a whole are free frgm rnaterial misstatement, whether due to fraud or error, and io issue an auditor's report that includes our opinion. Reasonable assurance is a high level of aqsur8n¢e, bul is not a guarantee that an audit conducted in a¢cordance will) JSA5 (UK) will always deteci a material misslalement wheii it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregale, they could reOnablY be ¢xpe¢ted to influence the economic decisions of users taken on the basis of ihese financial slatements. 12
IhcJoseph fi Rank rrusi As part of an audit in accordance with ISAS (UK) we exercise professional judgement and maintain professional s¢epiicism throughoui the audit. We also: Identify and a55ess the risks of material Inisstalement of Ihe finaiicial slalements, whether due to fraud or error. design and perform audit procedures responsive to those risks, and obtain audit evidence that IS Sufficient and appropriate to provide a basis for our opinion. The r£sk of not detecting a Material misstalemenl resulling from fraud is higher than for one resulting from error, as fraiid may inyolve collusion, forgcry, intentional omissions, misrepresentations, or the Oveide of internal conirol. Obtain an understanding of internal control relevant lo the audit in order to design audit procedures that are appropriate in the circumstan¢es, but not for the purpos¢s of expressing an opinion on Ihe effectiveness of the charitable company's iniernal conlrol. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates 2nd related disc105ures made by the trustees. Conclude on ihe appropriateness of the trnstee5' use of the going concern basis of accounting and, bed on the audit evidence obtained, wheiher a material uncertainty exists rclaled to events or ¢ondition5 that may cast significant doubi on the ¢haritabl¢ company's abiliry io Continue as a going concern. If we conclude that a mal¢rial uncertainty exists, we are required to draw attention in our auditor's report to the related disclobures in the financial staiements or, if such disclosures are inadequate, to modify our opinion. Our con¢lusions are based on the audit evidence obtained up to the date of our auditor'b rcport. However, fuiure events OT conditions may uSe thc charitable company to cease to continue as a going concern. Evaluaie the overall presentaiion, Structure and conteni of the financial statements. in¢ludillg the disclosure& and w,hether the financial statements represent the underlying transactions and ¢vcnts in a manner that achieves fair presentation. We communicate ivith those charged with governance regardin& among oiher tnatters, the planned s¢ope and timing of rhe audit and si(mificant audit findings. including any significant defi¢i¢n¢ies in intemal coiitrol that we ideniiti, during our audit. Explanation as to what extent the audit Tyas eonsidered c*p4ble of deteeting irregularities, including Irregularitie& including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our respon%ibilities. outlined above, to detect Enaterial misstaitm¢nts in rtspe¢t of itregularities, including fraud. The extent to which our procedures are ¢apable of detecling irregularities, including fraud is detailed below. The objectives of our audit in res]Kci of fraud. are- to identify and assess th¢ risk5 of material misstatemertt of the financial statements due to fraud; io oaIn sufficient appropriaie audit evidence Tegarding the &qessed risks of material misstatement due io fraud, through designing and implementing appropriaie responses Éo those assessed risks. aiid to respond appropriaiely io instances of fraud or suspe¢t¢d fraud idenlified during th¢ audit. However. tFie primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of ihe charitable company. Our approach was as follows: We obtatned an understanding of the legal and regulatory requirements applicable lo the Charitable compaiiy and considered that ihe most significant are ihe CoTnpanies Act 2006. the Charities A¢t 2011, the Charity SORP, and UK financial reporting standards as issued by ihe Financia] Reporting Council. 13
the Joseph fi Rank Irust We obtained an understanding of how the charitable company complies with ih¢se requirements by discussions with managemenl and those chargyed with govemance. We assessed the risk of material misstalemenl of the financial statem¢nts, irEcluding the risk of material misstatement due to fraud and how it might occur. by holding dis¢ussion5 With management and t1105e charged with governance. We inquired of management and ihose Charged with governance as lo any known instances of non- complian¢e or suspected non-¢ompliance M'ltli laws and regulations. Based on this understandiR& we designed specific appropriate audit procedures to id¢ntify instances of non-complian¢e ivith laws and regulaiions. This included making ¢nquiric5 of Inanagemeni and Ih05e charged with governatkce and obtaining additional corroborative eviden¢e as required. There are inhereni limitaiions in the audit procedures described above. We are less likely to become aware of instances of non-compliance wilh laws and regulations that are not closely related to events and transa¢tions reflected in ihe financial statemenis. Also. the risk of noi detecting a material misstatement due to fraiid is hi¥Jier than the risk of not detecting one resulting Irom eOr, as fraud may involve deliberat¢ con¢ealmeni by? for example, forgery or inlentional misrepresentations, or through collusion. Use of our report This report is made solely to the charitable company's members, as a body. in accordan¢e with Chapter 3 of Part 16 of th¢ Companies Aei 2006. Our audit work has been undertaken so that we mighi slate to the company's members those matters ive are required to state to ihem in an auditor's repon and lor no oth¢r purpose. To the fullest extent perniitted by law. we do not accept or assume responsibility to any parly oth¢r tlian the charitable company and charitable company's members as a body, for our audil work, for this report, or for ihe opinions we have fornied. James Saunders (Senior Statuiorv Auditor} for and on behalf of Moore Kingston Smith LLP, Statutory Auditor Betchii.'orth Hou%¢ 57-65 Station Road Redhill RHI IDL 14
the Joseph fi Rank trusi Statement of financial activitie5 for the year ended 316¢ December 2025 (Inelllding Income and Expenditure Account) 2025 2024 General Fund Meihodisr Church Fund restricted Total Funds Generdl Fund Meihodist Chureh Fund r¢siri¢ied Total Funds Notes £'ooo £'ooo £'ooo £'ooo £'ooo Ineome from Invcslment income Ile} & 2 2,353 583 2,936 2,348 586 2,934 Donations Totsl 583 586 Expenditure Dn: Charitable activities 3&4 2.718 189 2.907 2.481 294 2.775 Total 189 294 Realised net gains (losses) on disposal of investments Unrealised gains{losses) on revaluation of invesiments (3.8321 (968) (4.800) 1,821 460 2,281 Net income and net movement ill funds 14.194) (5741 (4,768) 1,690 752 2.442 Re¢onciliation of funds: Total funds brought rorward 552 Totsl funds carrled forward Th¢ statement of financial activities in¢ludes all gains and losses in th¢ year. All incoming resource5 and resources expended d¢riv¢ from continuing activiiies. 15
the Josephfi Rank crusi Balance sheet
t 311t December 2025
2025 Methodist c.hurch Fund restricted 2024 General Fund Total Funds General Fund Meihodist Church Fud restricted Total Funds £'ooo £'ooo £'ooo £'ooo £'ooo £'ooo Notes Fixed assets Investments Tangible assets 74,418 18.787 93,205 78,250 19,755 98,005 10 93.206 98,006 cUe1]I assets Debtors Cash ai bank 588 691 149 140 737 831 586 711 145 212 731 499 1,279 289 1,568 1,297 (67) 1.230 Creditors Amounts falling due within one year Net CUTr¢nt asseis Iliabilities) 289 333 758 514 914 Total assets less current 73,661 18,787 92,448 77,737 19,355 97,092 Grants payable afier more than one year 660 717 51 593 Nei assets 73 18.730 91.731 77.195 Total funds Unreslricied funds 73,001 73.001 77,195 77.195 Restricted funds 19304 19 19 77 195 04 499 The notes on pages l 8 to 25 forn) part of these accounts. These accounts are prepared in accordance wilh the provisions of the Companies Act 2006 subject to the small compani¢s regime. Approved by the Trustees of The Joseph Rank Trust (¢oDipaKy nunibei. 4465857) and authorised for issue on 23 April 2020 and signed on iheir behalf by.. D&rec(ors 16
the Josephfi Rank trust Statement of cash floivs for the year ended 31" December 2025 2025 2024 Tothl Funds Totsl Funds £'ooo £'ooo Casb geDerated(used) in operating activities Cash Ilows from investing ctivities Inv¢stment income 2.936 2,919 Purchase of fixed &ssets Proceeds from sales of investment5 I reduction in deposits Purchase of investments and additional deposit 10,000 2,000 2.0( Cglsh provided by investing 4¢tivitie3 (Decrease)lincrease in cash in the year Cash and ¢ash equivalents at the beginning of the vear Tot#1 eash and cash equivalents t the enil of the year 332 (160) 499 659 831 Reconciliation of net movement ID funds to cash flow from operating activities Net movement in funds per Slaiemeni of financial aciivities (4.768) 2.442 (Gains) losses on inveslments 4,800 (2,281) Investment Income (Inerease)Idccrease in debiors In¢ase/(deCreaSe) in creditors (2,936) (2.934) 182 (270) In¢reasel(deerease} in grants due after l year Net cash used in operaling aciiviiies 124 36 17
Ihe Josephfi Rank rru5f otes forming part of the financial statements for the year ended 31" Dec¢mb¢r 2025 l. AceouThting policies The financial siaiements have been prepared ill accordance with AccotIng and Reporting by C.hariti¢s.' Stsie¥nent tsf Recommended Prdcticc appliuble to charities preparing their accounts in accordante with the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 102) {Charities SORP IFRS 10211, the Financial ReportingT standard applicable sn the UK and Republic of Ire18nd IFRS 1021, and the Companies A¢t 2006. The particular accounting policies adopted by the Trus5 are descri below.. (a) AecountiNg convention and assessment of going concern The ftnancial stdlements hav¢ b¢¢n prepared under th¢ histori¢al Cost conveniion, a5 modifi¢d by th¢ inclusion of fixed asser investmet)is al mid-market value. The TTUStees nSIder tliat there are nts material un¢¢rtainties about ihe TTUSt's ability to contÈnu¢ as a goiEJg concern. The m05t significant areas of adjustment and key assumpiions ihai affeci iiems in ihe accounts are io do with estimating the liability trom mUlti-yar an( Commitments {see note Ildl and notes 12 and 13 for more infolynativnl. With resp¢¢t to th¢ next rep)rting period. Ihe year ending 31. tkcember 2026, the m05t significarEt area5 of uncertainty that affect the caTryin8 value of assets held by the Trust &re the level of investment retum and the perfom)anc¢ of the investment matkets (see ihe Financial Review on page5 8 and 9 for moTe irtforniationl including the iTnpact of ihe ongoing conflicts in the Middle East and between Russia and Ukrdine and associated economie pressures. These FancIal statements are prepared in sierling which is the functional QU¢n¢Y of the ¢haritable wmpany. Moneiary amounis in these financial sthtements are rounded to the nearest one thousand pounds. The Charithble company mttts the definition of a pllbli¢ benefit entity under FRS 102. (b) FuDd accounting The Methodist Church Fund is restricted to be applied for purposes connect¢d wtth. or for the benefit of, Methodism. The General Fund is available for use a¢ the discretion of the Trnstees in fvrther4n¢¢ of the gen¢ral objectiv¢s of lh¢ Trusi. {e) llltomt All income is included in th¢ stat¢meni of financial a¢tiviti¢s when ihe Trust is entitled to ihe in¢om¢ pd rhe amount can be quantified with reasonable accura¢y. The following specific px)licies are applied io paflicular categories of income= Invesimenr income Tepresents interest. dtvidends, and property fund income ItO8ether wtth the associaied tax credill. In addition. the Fund has Conclud an tgreement for a partial rebate of management ftts which 15 treated as iTrcorn¢. (d) Expenditure ExpendiiuTe is recognised on an accntals basis a5 a liability is incurred. Expenditttre includes VAT. wlii¥b Ilit Tnt51 15 utJubl¢ iu i¢roY¢r, and is r¢wrt¢d as p4ri of Ihe ex&ndItUTe io wliich i( I'¢lai¢s' Charitable expenditure cornprise5 grants and th0 costs incurred by the Trust in funding its activities. It includes both costs that can be allocated directly to such activities 8nd those costs of an indirect nature ne¢¢ssary to support them. Grants comprise commitments made during the year irrespective of the dates when payments Ihereunder become dye. Govem&nce cosis include those costs associated with meetlTr8 the constiiulional and statutory requiremenis of Ihe Trust and include audit fees and wsts linked with ihe strAte¥ic managemeni of the Trnst and arc allucated tl) charitable eX[1dLIre. (e) Flxed 4ssets Ftxed assets {excludin8 investments) are stated at cost less accumulated depreciaiion. Depreciation is calculated lo write off the c051 of the assets by qual inslalnient5 over three year5. Irhveslments held as fix¢d assets are revalued at mid-market i'alu¢ at the balance sheet dale and the gain or loss taken to the statement of fJnan¢ial a¢¢iviii¢s. Unlisted invesiments ar¢ initially Tecognised at Cost and subs¢quently measured ai fair value where praciicable. 18
the Joseph fi Rank trust Notes forming part of ithe financial ststements for the year ended 31st December 2025 (continued) (D Retirement beD¢fit$ The Trust operates a d¢fJned contribution scheme. The omount charged io th¢ in¢ome and expenditure account in respect of pensÈon costs and other rdirtment bcnefit5 IS the cot)iribuiions payable in the year. {gl Renial- operating lea Rentsjs payable under operating leases are charged against income on a sitaight-line basis ov¢r the tern) of the leas¢. (h) CritiCAI 4ceountlDg estim4t¢S 4nd are*s of judgement In tlie view of the Trusiees in applying th¢ accouniing kK)lieies adopted. no judg¢m¢nts were requirej that hav¢ a significant effect on the a2nounts recognised tn the financial siaiements ntsr do any estimates or assumptlOll5 Tnade carry a significani risk of material adjusttnent in ihe nexi financial year. (i) Finan¢ial Instrument5 {il C.a5h and cash equivalents. Cash and cash cquivalents include cash at banks and in hand and short-tenn dep051ts with a maturity date of three months or less. lil} Debtors and Crediiors Debtors and ereditors receivable or payable wiihin on¢ year of the reporting date ar¢ carried ai their transaciion price. Debtors and creditors ihat are receivable or payable tn more ihan one year and not subject to a tnarket raie of inieresi are measured at the present value of ihc expeeied future receipis or payments discounted ai a market rate of int¢resr. {iiil Fixed Asset Investments Investmenis are a fonn of basic financial instrumet and ar¢ initially recognised at their tfdnsa¢tion value and subsequet]tly remeasured at their fair value 81 the balance sheei date using ]nid-market valu¢. The Statemeni of Financial A¢tivities includes the gains at)d losses arising on reVaIatIon and disp05als throughout lh¢ year. 19
rhe Joseph o Rank trust Notes fonning part of the finAncial ststements for the year ended 31 December 2025 {contiDued) 2025 2024 Generaj Fund Methodist Church Fund restricied Total Funds General Mdhodist Fund Church Fund resirieted Total Funds £'ooo £'ooo £'ooo £'ooo £'ooo £'ooo 2. Invtment iD¢ome Cash held within ihe portfolio 29 35 52 13 65 Investment Fund In¢ome 577 573 583 586 2.934 3. Resources expended 2025 Allocation Charitable activities Oovernance costs 2025 Total £'ooo £'ooo £,0 Costs directly lOCated io activiiies Grants commitied (net) Audit fee Dire DiTe 2.667 2,667 13 13 Support costs allocated to activities Premises eneral office expenses Trustees, expenses Staff costs Area Usag¢ Time Time 21 25 169 187 37 General Fund 2,718 Methodist Church Fund 189 20
che]oseph a Rank trust Notes forniing part of the finan¢io1 statements for the year ended 31" December 2025 (continued) 4. R¢sour¢e5 expended 2024 Allocation Charitable aclivilies Govemance costs 2024 Total £'(K)O £'oo Costs directly allocated to activilies Grants committed {net) Audit tee Dir¢ci Dircci 2.527 2,527 12 12 Support costs allocatcd to activities Invesiment management Premises General office expens¢s Trusiees, expens¢5 Staff costs t)iT¢ Aa Usage Timt Tim¢ 12 31 10 50 2,481 General Fund 294 Methodist Church Fund 2025 2024 General Fund Methodist Church Fund restrieied Total Futtds General Methodist Fund Church Fund Lrestricied £'ooo Total Funds £'ooo £'ooo £'ooo £'ooo £'ooo 5. Net IneomiDg (outgoing) resources for Ihe ye*r Thes¢ are stated after charging.. Auditors, remunerdtion 13 Payments und¢r operaling leases 13 12 12 21
the Joseph ft Rank trust Notoq forming part of the finan¢ial statements for the year ended 31" Decernber 2025 (continued) 2025 2024 Gen¢rdl Fund Methodist Chureh Fund (restriciedl Total Funds General Methodist Fund Church Fund resiricted Total Funds £'ooo £'ooo £'ooo £'IK)Q £'ooo 6. Staff eosts and numbers Salaries Social Security costs Life. Pemaneni Health & Medical Inquran¢e Pension coniributions (see nole 16) 159 12 159 12 152 14 152 14 12 187 187 181 During the year: the Trusi had one full-time employee and one part-time employee. One employee's emoluments fell within the band £120,000 10 £130,000 {2024- 1. £110.000 to £120.0). Both employees are key management personnel. 7. Trustees. remuneration and related p9rty transactions None of the Trustees received any remuneration during the y¢ar. Trav¢1 and out of pocket expenses amounting to £2,028 (2024= £2.742) were reimbursed io S Trustees12024.. 6). No oiher Trustees or other person related to the Trust had any personal interest in any contract or Iran%action entered into by the Trusi during the year. Taxatlo As a charitv. the Trust is exempl from lax on income aiid gains falling witliin part l O ITA 2007 or s¢clion 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied io its chariiable obje¢is. No tax ¢harg*s have arison in the Trust. 22
the Joseph é Rank crusi Notes forming port of the fjnoncial statements for the year ended 3151 December 2025 (continued) 2025 2024 General Fund Methodist Churcli Fund restricted Toial Funds General Fund Meihodisi Church Fund resiri¢ted Total Funds £'ooo £'ooo £'DOO £'ooo £'oi>o £'ooo 9. IDve5tments Market value at I" January 2025 Additions 78,250 19,755 98.005 8,000 2.000 i 0,000 (8.000) (2,000) (10,000) 76,429 2,000 19,295 95,724 2,000 Sales Increase Id¢¢r¢ase) in portfolio cash {2,(KN)) (2,000) Adjustinent to record market value of investments 1821 60 28 Market value at 31 Decnber 2025 787 19 755 98005 Historical cost 31. Deceinber 2025 14933 74781 nvestmenis (listed) Cash held within ponfolios Unlisted invc5tmcnts 72.176 18.227 90,403 76.008 19.195 95,203 242 560 802 242 560 802 2,000 2.000 2,000 2,000 Market value at 31s1 De¢¢mber 2025 78 50 Ai 31. December 2025 the investment rtfoliO which comprises tnarketable and listed securities consisted of ihe following investmenls= Charitie5 InvestTnerrt Fund Units UK listed shares UK unlisted shares Overseas shares Fixed income Cash holding5 72,176 18,227 90.403 76,IM)8 19,195 95.203 2,000 2,000 2.000 2,000 242 74.418 560 18.787 802 242 56 19.755 802 23
the Joseph é Rank Trust Notes forming port of the financial statements for the year ended 31" D¢¢ember 2025 (continued) 2025 2024 Gen¢ra] Fund Methodist c.hurch Fund {restricted Total Funds Gener Fw)d Methodist Church Fund restricted Total Funds £'ooo £'ooo £'ooo £'ooo £'ooo £'ooo 10. Tangible fixed awts Furniture & equipment Cost At 1° January 2025 Addition5 22 22 22 22 Disp05ai 31m D¢c¢mber 2025 22 22 22 22 tkpreciation Ai ] January 2025 Charge forthe ytar 21 21 21 On disposals At 3 December 2025 21 21 Nei book value Ai 31 D¢¢ember 2025 At 31" December 2024 11. Debtors Ini'esiment income receivable Prepa}tn¢nts 587 149 736 584 145 729 sgg ?37 Investmen¢ income Teceivable is a fiEJancid instjijment and is measur¢d at present value. 12. Credltors Arnounts fallin8 due within one year TaxlOn Accruals Grant5 payable 289 289 33 333 24
the Josephfi Rank trusT Notes forming part of the financial statements for the year ended 31" December 2025 (continued) 2025 2024 General Fund Methodist Church Fund re5tricled Total Funds Generai Fund Methodist Church Fund restricted Total Funds £'ooo £,0¥ £'ooo £'ooo 13. Grnnt ¢ommttments Grant commiim¢nts at l°January 2025 384 651 02 Grant commitments made in the year Cancellalionslrecoveries Grants paid 2,488 272 (83} {2271 2.760 {83) (2,371 } 2.385 {140) {2,284) 2.696 (21) (161) (557) (2.841 J (2.144) Movements in tl)e vear Grant ¢oinmitments at 31. December 2025 344 38 267 391 {306) 02 384 Payable as follows.. Within one year 2,021 289 2,310 1,795 333 2,128 After more than one year 71 3.027 346 2.337 384 14. Capilal commitments Al 31" December 2025 there were no capiial commitmenis {2024'. £nil). 15. Members Tlie Company is limited by guarantee, having 110 share capital, and, in accordance with ¢laus¢ 7 of the memorandLrn of associaiion: every member, of whorn there is no maximum number, is liable to ¢ontribute a sum not exceeding £1 in the event ot ihe Company being wound up. Ai 31" December 2025 the Company had 6 members (2024.. 6). Ai 31° December 2025 and 311t December 2024 all of the members ivere also Threctors of the Company. 16. Retirem¢Dt Benefit5 The Trust contributes to a defined coniributions scheme, for the employee whose emoluments fell within the band £ I l O,O(K) to £120,000 the assets of ivhich are held separately from ihose of the charity in an independently administered fund. Thc pension c05t charge represents contributions payable by the Trust and amounled to £11,295 all of which had been paid over to the fLtnd before 31. D¢¢¢mber 2025. 25
rhe Joseph o Rank rrust THE JOSEPH RANK TRUST- GRANT COMMITMENTS MADE IN 2025 EAST ANGLIA: St Mary's Church, Swilland Wymondham Baptist Church Bury Christian Youth cOr 3years) Thdfojd Team Ministry (over 33Yars) 25,000 35,000 22,500 45,000 EAST ANGLIA.. 127,500 127.5(K) IRELAND: Kilt¢man Parish. Dublin (over 3years) Alpha Ireland (over 3yeai'&) 30,000 37,500 IRELAND.. 67.500 67.500 LONDON: Margaret C.litherow Trnsi. Henley-on-Thames lor 3years) The Nehemiah Project ¢nr J Jrurs) St Jame5 and St Johns. HaverÉng (ovgr 3Jvars) Streams Studio, Hackney (over Jyedr¥) Si Mary's Parish Church. Woodford (ovei. 3 yeais) St Peter's, West Molesey (ovei. 3 Jear.¥) St Richard-s Church, Feltham (oirp. 3}¢urJ) Christiat) Fundels Fontm 37,500 45,000 22,500 75.000 22.500 37,500 25.000 5.000 LONDON: 270,000 270,000 MIDLANDS: ACT Oxford l(Jir Jyeurs) R)dets G]Eert Meihtsdisi Ds)" LeDtre. C$t Bromiiich lover 3wars) Association ofchrisiiglls llj Cournlling (oi'er3)'earsJ ChurLh ofsi P¢i & %1 P4ul. Ba%sin¥Ex)um Ridle!. Ilall. Cambridgc COe1. 3 JYQTS) Bttron Meihodisi Church Az4le& l.uion loi'ei. 3 ¥Yars) Si Jokn the Bapiisr ChurciL Mellon Moiib]* Oxfnrd Cenire for Mission Siudies Arcn9 Churih. Ilk'¢s10 GFM UK l(Ji'ei' 3 IEafsJ Light Project Peiethrou¥h CoiYr3 Jyarsl Il'omilei Free ChuTch Th¢ W¢ll Christian HeIn$ L¢niT¢, Learningn Spa ¢ov¥r 3)Ears) 37.500 37.500 37.500 40.000 60,OUO 40,000 45.000 35.000 35.000 ?0.000 37.500 37.500 45,000 30.000 MIDLANDS: 537,500 537.5(M) NORTHERN JRELAND: MCI Head Office. Belfast (over 3years) Ballygawley Presbyterian Church Ballynafei¥h Methodist Church Parish of Derg 60.0(M) 30.0(X> 40,0(K) 40.000 NORTHERN IRELAND: 170.000 170,000 NORTH EAST: Hull Youth, Faith and Community (over 3 Jtars) Jubtlce ChuT¢h Hull Jubilee Church Hull (ovei. 3 years) Oasis Church Hull (over 3 war5} Tees Valley Community Chu (over 3 years) 30,000 25.000 37.500 30.000 37.500 NORTH EAST: 160,000 160,000 26
the Joseph & Rank trust NORTH WEST: Mercy L, Oxenhope (over 3}ar.) St Mary's C.hyrch. Lower Dunsforth South Yorkshire Chaplaincy (over 3years) Sunbridge Road Mission, Bradford Kings Community, Bolion (over 5ar5) Trinity Si. Andrew's Methodist and United Reforni Church, Skipton Netmakers, Harrogate (over ]al.5) Si Bartholomew's c.hurch, c.olnc (over Jyears) Toxieth Women's Centre (over 3yeurs) Gateway Chur¢h. Barnsley (oir 3 Jar5) Holy Nativity Church, Mix¢nd¢n (over 3 }Yars) Christ Church. Chadderton (over 3 ar$) The Cross Project, Wakefs¢ld (over 3 yeors) 45.000 20.000 37.500 50.000 30,000 25,000 45,0 37.500 37,5(H) 22,500 37,500 45,000 37,500 NORTH WEST.. 470.000 470,10 SCOTLAND: Hope Church, L¢ith C4ryubb¢rs Christian Centre, Edinburgh Forres Baptist C.hur¢h Trinity Church Aberdeen 20,000 50.000 45,000 50.000 SCOTLAND: 165.000 165.(KbO SOUTH EASr: Be Me Proj¢ci. Dorking (thei. 3 JEars) Engage Woking SchLN)Is (vvgi. 3 Jvars} Off the Fence, Hove (oier 3 J¥ars) The Catholic Family Foundation. Brighion ((iiYr 3 J*ars) St John Ihe Baptist, Sourhend (oiEI' 5 Jjeurs) 37,500 30.000 30.000 45,000 40,000 SOUTH EAST.. 182,500 182,500 SOUTH WEST: Gillingham Community Church (oivr 3years) Navigators UK, Souiharnpton IoFEr 3 iyai's) Pinehurst C.otnmunity Church Port5catho United Church All Sain15 Church, Lydiard Millicent Calne Baptisi Church C.hYi51 c.hurch C.re¢kmoor (ovei. &as} RISE:61. Salisbury lovei. 3years) Camix)me Wesley Methodist Church (ovei. 3years) Living Grace Ministry. Sajisbury Oasis Church Bath (over 3ycars) Sr Peter's Church, Ilfracombe St Petroc's, Truro (ovei. 3)var.f) Transforniing Plymouth Together (ovei. 3Ears) Salisbury Methodist Circuit (owr 3years) 30,000 37,500 30.000 12.500 15.000 50.000 30.000 37.500 30,000 50,000 60.000 30,000 60,000 37,500 27.000 SOUTH WEST.. 537,1)00 537,000 WALES: Be(hcsda C.hur¢h, C.arditT Sharon Full Gospel Church. Ponthewynydd (over 3years) 35,000 37,500 WALES.. 72.$00 72,500 27