Company rnglstratlon number 04445279 (England and Wales)
Charlty r•gIStra￿On number 1094001 (England and Wales)
FOREST TOWN CHURCH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

FOREST TOWN CHURCH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trust••8
Anthony Mithael Rist
Anneke Vthelan
Edmund Chan
Cllve Case
Gareth Houghton
S•cretsry
P Miller
Country of Incorporatlon
United Kingdom
(England and ￿e8)
04445279
Charfty rnglstratlon
England and ￿kIeS
1094001

FOREST TOWN CHURCH TRUST
CONTENTS
Pag•
Trustees, report
statement of trustees, responsibilities
Independent examiners report
Statement of finanaal activltles
Balance sheet
Notes to the financial slatements
10-20

FOREST TOWN CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial Statements have been prepared In accordance wlth the accounlng pollcles set out In note 1 to tho
financial statements and comply wth the charitys Memorandum and A￿'deS of Associth'on, the Companies Act
2006 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance ￿ryth the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102). (as amended for accounting periods cornmencing from 1 January 2019).
ObJ•ctlvM and actlvltl
The charity's object8 are to advance the Christian faith in accordance with the statement of belSefs appearing in its
Memorandum and Articles of Association, to relieve persons are in conditions of need or hardship and such
other charitable purpose as shall. In the oplnlon of the twstees, further to the work of the churth.
Public benefft
The trustee8 have pald due regard to guldance Issued ty the Charty Commls8lon In decidlng what actlvitles the
charlty Should undertake.
Fore8t Town Church Trust 1$ a multlcultural, multl-gener8tlonal Chrl8tian church wlth th• object of advancing the
Christian Fafth, In accordance with the statement of beliefs appearing in ts Memorandum and Artides of A880datlon
and such othar chantable purposes as 8hall, in the opts'on of the trustees, further the work of the Church.
en planning the charity's actlvttS•s for th• y•ar, the trust••s have compliad with thelr duty In Sectlon 17 of the
Charities Act 2011 to have due regard to guidance published by tha Charity Commission, induding publlc benefit
guidance. The charlty has met Its publlc benefit requlrement through enabllng ordlnary people to Ilve out thelr faith
as part of the church cornmunity by Inter alla:
Worship gatherlngs and prayer meetlng8 open to all; teachlng about the G08pel of the Chr18tlan falth; and
developing knowledge and trust in Jesu8,'
Provislon of pastoral care for people in the communlty;
Provlslon of cour888 in Important life 8kllls Such a8 money management and parentlng: and
Ml8slonary 3nd autreath work, both locally arKI abroad.

FOREST TOWN CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achl•v•monts and p•rformance
Signthcanl activities and 8chigvements against objectives
We look back on this last year with gratitude for another fruitful and productive year in the lrfe of the church. Tho
number8 of people attanding the church over the year has been steady.
In April 2024 we had 528 adults and children attendlng. In April 2025 that number had increased to 580 adults and
children. We are encouraged by this. Each year we welcome a good number of students into the church as they
come to start their study at Uni and we Say goodbye to others that leave having completed their education. We are
grateful to have them with us for a season as they prepare to enter the world of work and living as adults.
The flnancial outlook of the church has also been encouraging thls past year. In the previous year ended March
2024 our income was £349k and our expenses for the year were £312k. At year end April 2025 our income has
grown to £421k and our expenses for the year ￿pre £349k, This reflects an Increased Income of £72k. Our
expenditure for the year also increased by £37k. This was because of the trustees generousty Increasing the
salaries of 8taff to help %*ryth the increased cost of living. We am grateful that we were In a p08ition to do this and thrfll
continue to review $taff salarie8 to make sure that the staff are taken care of as best a8 we can.
Hlghllghts fortho y•ar
There are a number of regular mlnlstry events that happen In tho church. Some of these are weekly meeting8. like
lrfe groups for example, and other events happen on a monthly basis a3 needed. Some of the waakly meetings that
ran during the course of the year were our worship tlrnes on Sunday momings and evening8 and our life groups and
Mum to Murn toddlers group. These continue to be the bedrock of church lrfe.
In addltion to the88 y￿ have weekly events for FUSE, our youth group and 8180 a weekly programme for our
children's rnlnistry. These two areas of the church continuo to thrive and are a great Source of encouragement to U8.
a180 host a monthty women'5 event called Mosaic and a monthly men breakfast. There are other monthty
activities organised for the young adults in the church which have been popular. ￿ also host a monthly pastor8
breakfast for those in the cty that we have friendship wth. This is alsa a really encouraglng space for all involved.
We are particularly encouraged wth the succeu of our bu8ine88 forum in tho life of the church. Thls Includas
quarterfy business breakfast where different topics are taught and discussed . Alongside this there is an cohort of
people that meet weekly for the NGL (new generats'on leadership) to work through material put together by Summlt
Trek (An American coaching network) This indudes some mantorSng for people and help with problem 3ofving in
various business scenarlos. We have been really encouraged to see that people feel comfortable to Invlte th•ir
frlends to this forurn and it has been a real success to reach into our local business community.
Ant and Helen Rlst ran a mentoring programme called "Tha Timothy sessions. during the year. This is a forum to
which a number of people were invited to meet every second month for breakfast to have some Input on leadership
and mentoring. In between each of these breakfast sessions an opportunty is extended to meet with them
personally to have some mentoring time and discuss anythlng that might arise from the t8achlng at th8 br6akfa$t.
This time has proved to be very fruilful in raising and releasing leader8 Into various areas of responsibilty in the life
of the church.
And finally here are a few other highlights from the year. In May a team of young people went to minister to mlnlster
at a church in Enter in Holland. This VRS a great success and their Youth were encouraged. In July we had a thank
you dlnner for volunteers that had served in the church over the year and we had over 200 people for the evening. It
was a great celebrats'on of the generosty of many who have sown their time and gifts to see the church flouri8h.
In September another team travelled down to St Austell in Comwall to minister at a ladies retreat for the weekend.
Again this was a fruitlul time of ministry and those that were involved came bad( really encouraged at what
happened over the weekend. In October we took our staff team and some other leaders from the church to the
Activate Conference in Dresden Germany. Activate network is a group that we work with to plant churches into
Europe and other parts of the world and provide leadership training for local churches as well. This was an
encouraging and fruifful time for all involved.

FOREST TOWN CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
At the end of October we took a smaller team to Singapore and Cambodia. This is one of the main mission Irips that
we do each year. We support the church planting and educational initiatives of Bunna Yin and go each year to
renew this partnership. We also continue to support the work of °Daught8rs of Cambodia. a NGO that helps to get
young wornen out of the sex trade. They are dolng such Important work In Phnom Pehn. We also visited church of
Joy In Slngapore on the way back from Cambodia. This is a small church that we have relatlonshlp wlth and ty to
encourage ththenever we have the opportunty.
December was a full month with our usual Christmas events which were the be8t attended that we have Seen over
the years that we have been in St Albans. This too has been really encouraging. In January of 2025 we stsrted the
recruitment of new life group leaders. We do not have sufficlent home groups at the moment and so have started to
Set trainlng in place to $88 this radressed. It ha8 been Satisfying to see more Ilfe groups launched as the yaar
progressed.
And finally w• purchased Some new HD camera8 In March to help wrth an upgrade for our Ilve Stream on Sunday
momings, It has baen pleaslng to 8ee that this has been appreclated by those that use the Ibve stream seNlce on
Sunday momlngs.
In conclusion it ha8 been a year of ongolng grovAh and progw88 in th• church which w• are really grateful to God
for. We look forward to anothar good year ahead.
Flnanclal rnvl•w
The charity's income from donatlons and athvltles Increased durlng the year, up from £349,365 in 2024 to
£421,322. Expendlture increased from £312,922 to £360,371. The charlty held total fund5 at 318t March 2025 of
£2,065,150 (2024: £2.004,199) of whlch £2,047.248 were unrestrlcted (2024: £1,998,337), £0 deslgnated (2024:
£0) and £17.902 (2024: £5,882) restrlcted. Of the unrestricted funds £2,008,118 (2024.. £1,968,921 ) can only be
realised ty dlsposing of the church bullding,. this figure 18 calculated using tha book value 1888 the mortgages
charged over the bullding. The charity has free reserves of £41,130 (unre8trfcted re8eNe8 le88 the rea118able book
value of fixed a¥sets as defin￿ above) at 31 st March 2025 (2024: £29,415). The trustees do not have a reserves
policy which covers the free reseNe8 but the management are taklng 8teps to Improve the free reseNe position.
It Is the policy of the charity that cash be maintained at a level to maintain adequate funds to cover salarles and
rental agreements rf needed. and to Save towards repaySng the mortgage on the church building. The trustees 8et a
budget annually and monitor cash flow to ensure their liabilities can be met. During the year the ¢harity'8 cash
posltlon improved. but is n¢t yet at a level thl¢h would lully ￿lIsty the pollcy. Con81dfjratl¢n Is given to ways in
which addifjonal funds may b• ral￿d.
Tho trustees have as8e88ed the major rlsk8 to whlch the charfty18 exp08ed. and are satisfied that systems are in
place to mStSgate exposure to Ihe major rfsk8.
The charlty18 funded prlmarbly through donatlons recelved from member8 of the church congregatlon. The funds
recelved are used to pay staff, repay the mortgage and maintain the church building. This expenditure enabled the
Church to provide church serllces for the benefit of the church member8 and the local communty,. Ihrough the
provision of these serlices it has achieved its objectives during the year.
The trustees plan to continue to operate the church's core actlvlties. being the provislon of church seNices for the
benefit of the local community and to have a positive impact on the lives of those attending through the promotion of
Christian values.
Structurn, governance and management
The charity is a company limited by guarantee and govemed by It's Memorandum and Articles of Association.

FOREST TOWN CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the dlrectors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statement5 were,.
Anthony Michael Rist
Anneke Vthelan
Edmund Chan
Clive Ca8e
Gareth Houghton
Recrnitment and appolntm8nt of twstees
The trustees are appointed In accordance wilh the guidance Set out In the Charlties Commlssion, the requlrements
8et out by the Companies Act 2006. and the requlrements set out in the Memorandum and Artide8 of A88ociation.
Trustees are appointed by ordinary re$olutlon. provided the appolntee meets all the requiraments.
New trustees are nominated from within the congregation by the existing trustees and elders who are the Membern
of the charity. New trustees are provided details of the charitys goveming d0￿mentS, twstfjo reports and
financial statements and a full background on the charity's activ￿188. They are also encouraged to acces3 the
Charity Commission website for details of trustee responsibilits'e8. governance guidelines and legalftles.
Inductlon process has been devl8ed to ensure new trustees become fully famlliar with the workings of the charity
following th•lr appointment. Tha appointed trustees are then registered with Companie8 House by the Charity
8¢cretary.
None of the tru8tees ha8 any beneficlal Interest In the ¢ornpany. All of the tru8t8•s are member8 of the company and
guarantee to ￿ntrIbUte £10 In the ovont of a windlng up.
Day to day operation of the charlty is delegated to Anthony Rl8t, 18 con81dered key management per80nnel.
The tru8t¢e$' report was approved by the Board of Trustee8.
Anthony Michael Rlst
Dlrnctor and Trujteo
Date: ..

FOREST TOWN CHURCH TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are 8180 the directors of Forest Town Church Trust for the purpose of company law, are
responsible fly preparing the Trustees, Report and the financial statements in accordance ￿1th applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each finandal year which give a true and fair
view of the state of affairs of the charity and of the incoming resources and application of resource8. Induding the
income and expenditure, of the charitsble company for that year.
In preparing the8e financial statements, the tru8tees are requlred to:
- select suitable accounting policies and then apply them con8iStenty,'
- observe the mathods and principlès in tha Charities SORP:
- make judgements and estimates that are reasonable and prudent;
state ¥thether applicable UK Accounb'ng Standards have been followed, subject to any material departures
dlsdosed and explained in the financial statements., and
prepare the financial statements on the going concem ba818 unleas it 18 Inapproprlate to presume that the charlty
will contlnu• in op•rati¢n.
The trustee8 are responslble for keeplng adequate accounting records that dl8do8e wlth reasonable accuracy at
any time the financlal posltlon of the charity and enable them to ensure that the financial 8tatements comply wlth the
Companles Act 2008. They are also respon8ible for safeguardlng the a$8el8 of the charity and hence for taking
rea80nable 8tep8 for the prevention and detection of fraud and other Irr¢gularlti•8.

FOREST TOWN CHURCH TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FOREST TOWN CHURCH TRUST
I report to the trustees on my examlnatlon of the financial statements of Forest Town Church Trust (the charity) for
the year ended 31 March 2025.
Respon•lbllltlos and ba815 of r•port
As the trustees of the charity (and 8180 it8 directors for the purposes of company law), you are responsible for the
preparation of the financial statements in accordance wlth the requirements of the Companies Act 2006.
Having satlsfied myself that the financlal statements of the charity are not required to be audited under Part 18 01
the Companies Act 2006 and are eligible for Independent examination, I report in respect of my examination of the
¢harSty's financial statements carried out under seth'on 145 of the Charities Act 2011. In carying out my examination
I havg followed the Directlons given by the Charlty Commls8ion under 8ectlon 145(5)(b) of the Charitles Act 2011.
Ind•p•ndont •xamlnofs •t*tem•nt
Since the charlty's gross Income exce•ded £250,000, the Independent examiner mu8t be a member of a body118ted
in section 145 of the Charities Act 2011. 1 confimi that l am qualified to undertake the examlnatlon because l am a
member of Institute for Chartered Accountants In England and Wales (ICAEW), whi¢h18 one of the listed bodie8.
I have completed my examlnatlon. I confirni that no matters have come to my attentlon In connectlon with the
examlnatlon glving me cause to believe thal in any materlal re8P•Ct:
accounting records wern not kept in respect of the Charfty as requlred by 8ectlon 386 of the Companie8 Act
2008.
the finandal statements do not accord with th088 records; or
the fin8ncial 8tatement8 do not cornply wlth the accountlng requirements of section 396 of the Companles Act
2008 other than any requirement that the financlal statoment8 glve a true and fair view, whlch 18 nol a matter
considered as part of an independent examinatlon; or
the finandal statements have not been prepared In accordance wlth th• methods and prlndple8 of the
Statement of Recommended Practice for accounting and reportlng by charitses applicable lo charltles
preparlng their financial statements In accordance with the Finandal Reportlng Standard applicable in the UK
and Republic of Ireland (FRS 102).
I have no concems and have come across no other mattern In connectlon with tha examination to whlch attention
8hr)uld be drawn In this report in order to enable a proper understanding of the financlal statements to be reached.
Nicholas Corden, ACA
for and on beha￿ of Summers Morgan
Chartered accountants
Statutory auditors
Sheraton House
Lower Road
Chorfeywood
Hertfordshire
WD3 5LH
Date..

FOREST TOWN CHURCH TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Currnnt financlal year
Unrnstrlcted R￿trfCtsd
funds
funds
2026
2025
Total
Totsl
2026
2024
Donations and legacles
Charltable activitses
Other tradlng activities
Investrnents
371.311
9,531
100
374
40,008
411,317
9,531
100
374
341,981
6,038
1,093
253
Total Incom•
381,316
40,008
421,322
349,365
ndl
Charitable activitle8
342,085
18,308
360,371
312,922
Not Incomlng re•ource• befor• trnn•fgr4
39,251
21,700
80,951
38,443
Gross Iran8fer8 between funds
9,880
(9,e60)
Not Incom• for the yearl
N•t movem•nt In fund•
48,911
12,040
60,951
36,443
Fund balanc•8 at 1 Aprfl 2024
1,998.337
5,862 2.004.199
1,967,756
Fund balance• at 31 March 2026
2,047,248
17,902 2,065,150
2,004,199
The Statement of financial actlvltlos Include8 all galn8 and108se8 re￿gnISed In Ihe year.
The statement of financlal adv5tS88 indude8 all g8in8 and Ios8es r•cognisad in th• year. All incomo and expanditurn
dérive frorn continulng adivitles.
The statement of financlal activitie8 8180 ¢omplie8 wlth the Mqulremant8 for an income and axpenditura account
under the Companies Act 2006.

FOREST TOWN CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prlor flnanclal yoar
UnrestrIct￿ Restrfcted
funds
funds
2024
2024
Total
2024
Notes
ncome from:
Donations and legades
Charitable actlvitses
other trading actlvltl•s
Investments
337.825
6,038
1.093
253
4,158
341,981
6.038
1,093
253
Total Income
345,209
4.156
349,365
dltu
Charitable 8Ctivitse8
311,087
1,835
312.922
Not Incomlng mources befor• tran•f•r•
34,122
2,321
38,443
N•t Incorne for tho yoarl
N•t mov•m•nt In fund8
34,122
2,321
38,443
Fund balances at 1 April 2023
1,964,215
3.541
1,967,756
Fund balances at 31 March 2024
1,998,337
5,862 2,004,199

FOREST TOWN CHURCH TRUST
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Flxed a8s•ts
Tangible assets
13
2,197,187
2,213,097
Current assets
Debtors
Cash at bank and in hand
14
8.037
65,998
5,769
48,082
74.035
51,851
Crodltor4: amounts falllng duo wlthln
on• y•ar
16
(73,393>
(74,479)
N•t currnnt a88atsl(Ilabllltle8)
(22,628)
Totsl u*•ts IMS curr•nt Ilabllltla•
2,197.829
2,190,469
Cr•dftorn: amounts falllng du• aftor
moro than one year
17
(132,879)
(18e,270)
Not as8•ts
2,085.150
2,004,199
Th• lunds of th• charlty
Restrfcted income funds
Unrnstrlcted funds
18
19
17,902
2,047,248
5,862
1,998,337
2,065,150
2,004,199
The ¢h8rity 18 entitled to the exemptlon from the audrt requlrement contalned In section 477 of the Compani•8 Act
2008, for the year ended 31 March 2025.
The trustees acknowledge their re8ponsSbilities for ensurfng that the charlty keep3 accounting record8 ￿1¢h compjy
th sectlon 388 of the Act and for preparlng financial statement8 whlch give a true and falr vlew of the stata of
affalrs of the company as at the end of the financial year and of its incoming resources and application of resource8,
Including ts income and expenditure, for the financial year In accordance with the raquirements of sections 394 and
395 and which othepwise comply with the requirements of the Companies Act 2006 relating to financial statements,
80 far a8 appllcable to the company.
The rnember8 have not required the company to obtain an audit of rts financial 8taternents ft)r the year in question in
accordance wlth 8ection 476.
These flnancAal statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved ty the trustees on ......
Anthony michael￿
Dlrector and Thlgtee

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollclgs
Charlty Inforniatlon
Forest Town Church Trust is a private company limited by guarantee incorporated in England and Wale8.The
registered office is The Venue, Lyon Way. StAlbans, Hertfordshire, AL4 OLB.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the charitys governing documant, the
Companies Act 2006, FRS 102 'The Financial ReFX)rting Standard applicable in the UK and Republic of
Ireland. (°FRS 102.) and the Charities SORP 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charltie¥ preparing their accounts in accordance wlth th• Financial
Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102)" {effective 1 January 2019). The
charity is a Public Benefit Entlty as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for tharities not to prepare a Statement of
Cash Flows.
The financlal statements are weparnd In 8terting, whlch 18 th• functional currency of the Charity. Monetary
amounts In these financlal statements are rounded to the nearnst £.
The financlal statements have been prepared under the hi3torfcal cost conventlon, modified to indude the
revaluatlon of freehold properties and to include investment propertie8 and certaln financial instruments at falr
value. The princlp81 accounting pollcla8 adopted are Set out below.
1.2 Golng concern
At the time of approving the financlal Statements. the tru8tee8 have a reasonable expectation Ihat the charity
has adoquate re80urces to continue In operatlonal exlstence for the foreseeable fuiure. Thu8 the tru8tee8
continue to adopt the going conc•m ba8is of accountlng in preparing the finandal $tstement8.
1.3 Charltabl• fvnd•
Unrestrlcted funds are available for use at the d18cretlon of the tru8tee8 In furtherance of their charltabla
obJ•ctives.
Restrlcted funds are subject to speclfic condltlons by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements,
1A Incomo
Income is recognised when the charity is legally entltled to it after any performance conditions have been rnet,
the amounts can be measured reliably, and it is probabla that income will be r￿e1ved.
Cash donations are recognised on receipL Other donation8 are recognised once the charity has been notified
of the donatr'on, unles8 perfomiance conditlons require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donatlon.
1.5 Expendlturn
RepA)urces expended are induded in the Statement of Financial Activities on an accruals basis and ￿ere
relevant are stated indusive of VAT.
Govemance costs comprise all costs relating to public accountsbilty of the charity and its compliance with
regulatlon and good practice. These costs include costs relating to the Independent Examination.
10-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Contlnued)
1.6 Tanglble flxod amets
Tangible fixed assets are inltially measured at cost and subsequently measured at cost or valuation, nat of
depreciation and any impairnient losses. F￿ehOld land and building8 are revalued every 3-5 years based
upon the current market value wth any Impalmient below cost being recognised within expenditure on
charitable activities. All gain8 are recognised within the revaluatlon reserve, unless they represent the
reversal of previous losses lthlch have passed through charitable expenditure: in this case they are reversed
through charitable expendlture to the extent of the prevlou8 Impalrment.
Depr8ciatlon18 recognS8ed 80 a8 to writo off the ￿$t or valuation of a88et8 less thelr resldual value8 over thelr
Useful live8 on the following base8:
Freehold buildings
Fixtures and fith'ngs
Computers
Motor vehicle8
Audlo Equlpmont
2% straight line basi8
25% 8tralght Ilne basis
25% 8traight line basis
25% Straight Ilne bashs
25% stralght line b881S
The galn or1088 arfsSng on the dlGposal of an asset18 determlned as th8 dlffer8nce between the sale proceed8
and the Garrying value of the asset, and l¥ recogni8ed in the statement of financial activities.
1.7 Impalrni•nt of flxed a••ets
At each reporting end date, the charrty revlews the carrying amount8 of Its tangible assets to dat8nxSne
whether there 58 any Indlcatlon that those assets havè suffered an impalmient 1088. If any such indicatlon
exlsts, the recoverable amount of the asset is e8ts'mated in order to detemilne the extent of the Impairment
1088 {bf any).
1.8 Cash and ca•h equlvalents
Cash and cash equivalents include cash In hand, depo81ts held at call with bank8, other 8hort-terni Ilquid
investrnents with original maturities of three mcnths or le￿. and bank overdrafts. Bank overdrafts are shown
thin borrowlngs In Current Ilabllltles.
1.9 Fln•nclal In•trum•nts
8aslc flnan¢lal ass•ts
The company only has financial assets and financial liabilitie8 of a kind that qualify as basic financial
Snstruments. Basic financial instruments are initially recognisad at transaction value and 8ub8equently
measured at amortlsed cost.
1.10 EmployM ben•ffts
The tharity operates a money purchase pension scheme. The contributlons due in the year are charged to the
Statement of Financial Activities as they fall due.
Crltlc•l iccountlng estlmatO5 and Judgemonts
In the application of the charity's accounting poliries, the trustees are required to make judgements. estimates
and assumptions about the carying amount of assets and liabilities that are not readity apparent from other
Sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may dlffer from these estlmates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in ￿lch the estimate is revised where the mision affects only that
period. or in the period of the revision and future periods ￿ere the revision affect8 both current and future
periods.
11

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable actlvltles
Unrnstrlcted
funds
2026
Unrn$trlct•d
fund$
2024
Other Incom•
Other income
9,531
6,038
Income from other tradlng actlvlti
Unrmtrlctod Unrn8trfct•d
funds
fund•
2026
2024
Membershlp subscrlptions and sponsorshlps
100
1,093
Incom• from Investments
Unrn8trfct•d Unmtrlctod
funds
funds
2026
2024
Interest recelvable
374
253
12-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Exp•ndltur• on charltable actlvltlos
Unrnstrlcted R6strlct•d
Funds
Fund•
2026
2025
Totsl UnrestrICt￿ Restrlcted
Fund8
Funds
2024
2024
Total
2026
2024
Dlrect costs
Staff costs
Depreciation and
impaimient
Premlses Expense8
Dues and Subscriptlon8
Insurance
Interest Pald
Ml8ceManeous Expenses
Prlnting. P08ting and
Stats'onary
Hospitalty
Gifts
Travel Costs
Training
Leaders, 81ngles and
Marriage Weekends
Marf(ellng and Event8
Telephone Costs
Outreach Wort(
132,393
132,393
108,119
108,119
29,435
19,897
8,748
6,079
14,012
1,126
29,435
19,897
6,748
6,079
14,012
1,131
31,584
21,461
4,100
5,396
12,142
1,330
31,584
23.298
4.100
5.398
12.142
1.330
1,835
3,643
7,121
3.643
7.121
3,130
9,337
5,020
4,551
6,185
4,551
6,185
3,130
9,337
5,020
4,515
3.520
4.515
3.520
5,475
4,889
1,419
9.504
5,475
4,889
1,419
24.875
3,413
1.327
1,529
10,130
3,413
1,327
1,529
10.130
15,171
256,078
18,308
274,384
219,302
1,835
221,137
Grant funding of actlvrtle8
(See note 7)
3,060
3,060
9,170
9,170
Sharn of support and governance costs (800 nots 8)
Support
78,178
Gov•manc•
4,749
78,178
4.749
69.381
13,234
69,381
13,234
342,065
18.308
360,371
311,087
1.835
312,922
Anaty8ls by fund
Unrestrlcted fijnds -
general
Resth'cted fund8
342,065
342.065
18.306
311,087
311,087
1,835
18.306
1,835
342,065
18,306
360,371
311,087
1,835
312,922
13-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grants payable
Unrestrfcted Unrnstrlct•d
Funds
Funds
2026
2024
Gra￿8 lo institutlon8:
UFM (Aknop)
Daughters of Cambodia
UCCF
2,700
3,800
2,012
1.200
2,700
8.812
Grants to Indlvlduals
360
2,358
3.060
9,170
8upport costs
8upport Governanc•
costs
costs
2025
Support Gov•rn•nGo
Costs
costs
2024
Staff ¢08t8
Bank charge8
Telephone
Information technology
C08ts
73,034
1,585
1,419
73,034
1,585
1,419
64,406
1,329
1,529
64,408
1.329
1,529
2.140
2,140
2,117
2,117
Independent Examination
Fees
Accountancy
3,800
1,149
3,800
1,149
2.472
10,762
2,472
10,762
78,178
4,749
82,927
69,381
13,234
82,615
Analysed between
Charitable aclivitie8
78,178
4.749
82,927
69,381
13,234
82,615
Govemance ￿818 includes payment8 to the independent examlners of £3,600 (2024: £2,472) for independent
axamination fees.
Net movam•nt In funds
2025
2024
The net movement In funds is stated after chargingl(crediting)'.
Fees payable for Ihe independent examlnatlon of the charity's financial
statements
Depreciation of owned tangible fixed assets
3,600
29.435
2,472
31,584
14-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Th18ts05
During tha year a director and trustee, Anthony Rist, was paid a salary of £42.259 for pastoral servlces In
acc(xdance the dauses goveming the remuneration of trustees contained in the Memorandum of
A¥80cla￿on. Total contiibutlons of £6.235 were paid in respect of the trustee's pension in the year.
It18 the trustee8' vlew that In order to apply Biblical principlas it18 necegsary for the Eldership team to be
represented on the board of directors. As a team 18 that of a husband and wtfe, the spouse of the full time
Elder 13 paid a salary for the work undertaken.
Trustee Cllve Case wa8 paid a salary of £14,123 for h18 work as part of tho pastoral team. Total contributlon8
of £1,389 were pald In respect of the trustee's pension in the year.
No other Trustees received any remuneration or benefits from the charlty during the year.
11 Employ•e•
The average monthly number of employee8 during the year wa8: 9
2026
NuM￿r
2024
Number
Mlnlster (dlrector and Iru8tee)
Leader
Admin18tratlve
Youth worker
Pa8toral 8UPPOrt
BuildSngs manager
Total
Employment costs
2025
2024
Wages and salarles
205,427
172,525
The total amount of employee benefits pald to key management personnel for thelr servlce8 lo the charlty
were £42,259 (2024: £41,152).
There were no employee8 whose annual remuneratlon was more than £60,000.
12 Taxatlon
The charity Is exempt from tax on income and gains falling within Section 505 of the Taxe8 Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to Its charltable objects.
15-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Tanglble fixed assets
(Contlnued)
Land and bulldings wlth a carying amount of £2.184,000 wa8 revalued at 28th October 2022 by Brasler
Freeth, independent valuers not connected wth the charity on the basis of market value. The valuation
confonns to Intemational Valuatlon Standards and was based on recent market transadons on am's langth
terms for similar properties.
This property was valued at £2,240,000, and has been revalued in the accounts to refiect this. The historic
cost of the propety was £1,423,224.
14 Debtorn
2026
2024
Amounts falllng due wlthln one year:
Other debtors
8.037
5.769
16 Loan• and ov•rdrafts
2026
2024
Bank loans
191.069
243.079
Payable wlthln one ygar
Payable after one year
58,390
132,879
56.809
186.270
The bank loans are secured by a ¢hargg over the ¢harity8 freehold prapety and othor fixed assets.
A bank loan of £600,000 was obtalned from Clydesdale Bank PLC In April 2008. This is a capital repayment
loan, repayable ovèr 20 years. Interest is charged on tha mortgage at a rate of GBP Llbor + 1.25%. Th•
amount outstanding at 31st March 2025 was £130,288 (2024: £168,929).
A bank loan of £274,000 was obtalned from Clydesdale Bank PLC In November 2008. Thls 18 a capltal
repayment loan, repayable over 20 years, with no caprtal payments for the first 29 months. Interest is charged
on the mortgage at a rate of GBP Llbor + 1.5%. The amount outstanding at 318t March 2025 was £60,781
(2024: £78.808).
16 Credltors: amounts falllng due wlthln one year
2026
2024
Bank loan8
Trade credltor8
ruals and deferred income
16
58,390
10,475
4.528
58.809
14,270
3.400
73,393
74,479
17-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Credltors: amounts f•lllng due after morn than one yoar
2025
2024
Notes
Bank loans
16
132.879
186,270
18 Restrlctod funds
The restricted fiJnds of the charfty comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as lo how they may be used.
At 1 Aprll
2024
Incomlng
ruources
Rasourc•s
•xp•ndod
Transfors At 31 March
2026
Refugee Fund
Daughters of Cambodia FurKI
Building Fund
Hardship Covi&19 fund
Guitsr Fund
Cambodla Fund
Ant and Helan Glft Fund
IT Equlpment Fund
Van lund
700
700
1,279
3,076
1,001
4,388
4,655
983
1,500
340
1,279
3,076
1,008
4,156
(5)
{3.113)
(15,171)
(17)
3,325
19,828
1,000
1,500
10,000
(9.660)
5,882
40,006
(18.306)
(9,880)
17,902
Prevlous year.
At l Aprll
2023
Incomlng Resourcas
rnsourcos
•xpended
Tran•f•r• At 31 March
2024
Refugee Fund
Overseas missions
Hardship Covid-19 fund
Guitar Fund
700
1,580
1.261
700
(1,580)
(255)
1,008
4,156
4.158
3.541
4,156
(1.835)
5.862
18-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Restrlctsd funds
(Contlnu•d)
All restrictions arise vthen Specified by the donor or when fund8 are raised for a particular purpose.
Refugee fund was set up for people wanted to giva to spacific app•a18 to helps refugees.
Daughters of Cambodla fund arls88 when the charity r8c8ive8 donations for "D8ught8rs of Cambodla" a NGO
based In Cambodia to whlch Ihe charlty provldes grant funding,
Building fund wa8 8et up for Ihe building renovation ￿lch Is completed. Some peopl8 Still give into this lund
for the maintenance of the bulding.
Cambodla fund wa8 88t for for an outreach every year wlth ml88lon team to Cambodla to supwl church
planting and lead8r8hip training Bunna Yin whom we have know for many years.
The Hardshlp Covld-19 fund 1$ a benevolence fvnd Sot up to help Indivlduals affected by the pandemSc on
case by case b8$1$.
Guitar fund wa8 set up to raise money for a new guitar for our wor8hip leader Jonny.
IT Equipment fvnd was set up to ralse money to buy Macbook and IPAD.
VAN fund wa8 set up to ra18e money for purchase of van.
Transfer of fund represents the tran8f•r of capital •l•m•nt of van purcha$•d during the year transferred to
unre8tr1cted fund.
19 Unrn8trlcted funds
The unre8trlcted funds of the charity compri8e the unexpended balances of donatlons and grant8 whlch are
not subject to specific conditions by donors and grantors 88 to how they may be used. These indude
designated funds which have been 8et aslde out of unrestrlcted funds by the trustees for specific purpo808.
At 1 Aprfl
2024
Incomlng RMource8
r••ourco8
exp•ndod
Transfern At 31 March
2025
G￿8￿1 funds
Revaluatlon reseNe
1,111,581
886,778
381,316
(342,065)
9,860
1,160,472
886.776
1,998.337
381.316
(342,085)
9.860
2.047.248
Prnvlou8 yoar:
Incomlng
r•sourcos
Resourc
expond•d
Tran¥fer4 At 31 March
2024
2023
General fund8
Revaluation reserve
1,077.439
886.776
345,209
(311,087)
1,111,561
886,776
1,964.215
345,209
311,087
1,998,337
19-

FOREST TOWN CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Analysls of net ass•ts botThn lunds
Unrestrlctsd
fund8
2025
Rostrlctsd
funds
2025
Total
2026
At 31 March 2026:
Tanglble assets
Current assetsl{liabilities)
Lang term liabiliti88
2,197,187
(17,260)
(132,679)
2,197,187
17.902
(132,679)
2,047,248
17,902
2,085,150
Unrn8trlcted
funds
2024
Re8trfcted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilrtle8)
Long term liabilities
2,213,097
(28,490)
(186.270)
2,213,097
(22,628)
(188,270)
5,862
1,998.337
5,882
2,004,199
21 Relat•d party transactlon•
During the year, total unrestricted donatlons were recelved by the charity from the trustees of £33,529 {2024:
£38.100).
Helen Ri81, recelved a gro88 salary of £37.327 (2024.. £24,342), for 8ervice8 as part of the Eldership team.
-20-