Cambridge Presbyterian Church
Report and Accounts Year ended 31 March 2025
CAMBRIDGE PRESBYTERIAN CHURCH
FOR THE YEAR ENDED 31 MARCH 2025
CHARITY INFORMATION
Trustees
Mr J Edwards Mr A Haylett Mr W Leverton Dr D J MacLean Rev D McCallum Mr S Ritchie
(appointed 2 November 2025) (resigned 21 January 2025) (appointed 10 May 2025)
(appointed 10 May 2025)
Current Minister
Rev D McCallum
Treasurer
Mr J Edwards
Governing Document
Declaration of Trust Dated 5 March 2000
Charity Registration Number
1095881
Correspondence Address
3 Strangeways Road Cambridge CB1 8PR
Independent Examiner
Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ
Bankers
Royal Bank of Scotland Barclays Bank The Co-operative Bank Kingdom Bank
CONTENTS
Page Charity Information 1 Trustees' Report 2-4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Accounts 8-11
1
CAMBRIDGE PRESBYfERIAN CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees have pleasure in submitting the Report and Accounts for the year to 31 March 2025. The Report and Accounts comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). History of the Trust Cambridge Presbyterian Church was established as a charitable trust by a declaration of trust made on 15 March 2000 (and amended on 20 January 2003). There had already been in existence for some 13 years before that a body of Christian believers in Cambridge being known as Cambridge Presbyterian Church, which was engaged in the worship of God, the furtherance of the gospel of Jesus Christ and the general advancement of the Christian faith. In addition the Church had also from time to time undertaken the relief of persons in need or hardship or those aged or sick. The Church was constituted as a charitable trust for the ongoing furtherance of those objectives. Objectives and Activities of the Trust The objectives of Cambridge Presbylerian Church are, in relation to the City of Cambridge and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit: (a) to advance the Christian faith in accordance with the Subordinate Standard of Faith as defined in the Book of Church Order applicable to the Church Fellowship (namely the Westminster Confession of Faith) (b) to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby {c) to promote and fulfil such other charitable purposes beneficial to the community. In furtherance of its objects but not further or Otherlse the trustees. powers include the following.. (a) to purchase lease hire exchange or otherwise acquire land buildings furniture equipment or other property to be used for the purpose of the Trust and to improve resell let underlet mortgage charge or otheThvise deal with the same (b) to employ and remunerate any person or persons to supervise organise and carry on the work authorised by the trustees and to provide such person or persons with accommodation and other facilities for carrying out their work and as employers to staff to make all reasonable and neSSary provision for the payment of pensions and superannuation to or on behalf of employees and their widows or other dependants (c) to make donations to any Christian worker who is engaged in such work or activity which further the objects of the Trust or in assisting either directly or indirectly in the same
(d) to make donations or loans to other charities having the same or similar objects (e) to co-operate and collaborate with other charities having the same or similar objects and to exchange information and advice (n to produce sell or otherwise distribute literature audio and visual aids and other media or communication (but not permanent trading} (g) to arrange and provide for or join in arranging and providing for the holding of meetings lectures seminars conferences and training courses (h) to raise funds and invite and receive contributions from any persons by way of loan subscription donation and otherwise. Activities and Performance The period 1 April 2024- 31 March 2025 has seen progress in the life of the church as indicated below.. 1. As part of the Church's commitment to advance the Christian faith, regular public meetings for worship and teaching were maintained together with the celebration of the Lord's Supper. Along with other members of Session, Rev Douglas Mccallum has led the teaching and pastoral work of the Church. 2. Other members of the church have contributed to its teaching ministry. Mr Peter Winch was supported by the church with specific responsibility for students. 3. As well as the weekly services of public worship, the Church continued to run a number of other activities. These include Sunday school for younger children and a ministry amongst university students and younger adults, as well as regular meetings for women of the church and occasional meetings for the men of the church. The church also holds a monthly church service in a local care home. 4. Mrs Heather Leverton continued to function as Church Administrator. Her role involves supporting the work of the Minister. assisting the Treasurer and engaging in other church activities in an administrative capacity. 5. The Church continued to support financially the furtherance of the Christian faith and the relief of hardship beyond Cambridge and in other parts of the world. During the financial year, the Church gave a total sum of £39,836 to support such other causes. which included needs within the UK, Spain and elsewhere. Government The Trust deed provides for a minimum of three trustees. It also requires that at any time a majority of the trustees must subscribe to the Church's Subordinate Standard of Faith as defined in its Book of Church Order, namely the Westminster Confession of Faith. In any event, the Twst deed requires each trustee to exercise his responsibilities consistent with the teaching of that standard. A new trustee may be appointed by a resolution of the trustees passed at a meeting of the trustees at which there is a majority of the trustees present. The Trust deed provides that such resolution shall be recorded in the minutes and signed by the new trustee and the chairman of the meeting as evidence of his appointment. Mr Andrew Haylett resigned as a trustee 2110112025, the trustees wish to express their gratitude for his years of service as a trustee. Mr Peter Leverton and Mr Samuel Ritchie were appointed trustees on 1010512025. Mr Jonathan Edwards was appointed a trustee 0211112025.
Financial Review Total incoming resources of £181,867 were £41.328 higher than in the previous year, and total resources expended of £133,931 were £20.310 higher than the previous year. This resulted in a surplus for the year of £47,936 compared with a surplus of £26,918 in the previous year. Fund balances at the year end were £1.012,281 which included cash at bank balances of £305,190. Risk Statement The Trustees have reviewed the risks to which a small charity operating wtth few employees is exposed. Appropriate procedures are in place to identify. monitor and review these risks on a regular basis. Safeguarding For the period covered by this report, we can confimi that there have been no reports of serious safeguarding incidents in the church. We have a Safeguarding Policy and Procedures and are happy that all required DBS checks and safeguarding training is up to date. Trustees. Responsibilities Charity law requires us as Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the Trust and of its income and expenditure for the year. We are required to: 1. Select suitable accounting policies and apply them consistently 2. Make judgements and estimates that are reasonable and prudent 3. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts 4. Prepare the financial statements on a going concem basis unless it is inappropriate to presume that the charity will continue operating. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other [egUlaritIeS Approval This report was approved by the Trustees and signed on their behalf on 26 January 2026 by: Mr Jonathan Edwards
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAMBRIDGE PRESBYfERIAN CHURCH I have examined the accounts for the year ended 31 March 2025 on pages 6 to 11 following which have been prepared on the basis of the accounting poliaes set out on page 8. Respective Responsibilities of Trustees and Examiner The trustees of the charity are responsible for the preparation of accounts. they consider that the audit requirements under section 144(2) of the Charities Act 2011 do not apply. I have been appointed to conduct an Independent Examination required by section 145 of the Charities Act 2011 and to report in accordance with the regulations made under section 145(5)(b) of that Act. It is my responsibility to examine the accounts, without perfomiing an audit. and to report to the trustees. Basis of Examinerfs Statement This report is in respect of an examination carried out under section 145 of the Charities Act 2011, and in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity, and a comparison of the accounts presented with those records. It also includes a review of the accounts and making such enquiries as are neSSary for the purpose of this report. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Examiner's Statement Based on my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect. accounting records have not been kept in accordance with section 130 of the Charities Act 2011, or that the accounts presented do not accord with those records, or comply with the accounting requirement of the Charities Act 2011. No matter has come to my notice in connection with my examination to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts. Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ 26 January 2026
CAMBRIDGE PRESBYTERIAN CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Total Funds 2025 Total Funds 2024 Unrestricted Restricted Funds Funds Note INCOME Incoming resources from generated funds Voluntary income Investment income 177,399 4,468 177,399 4,468 139,168 1,371 InGoming resources from charitable activities Tape & news sheet sales Total Income 181.867 181,867 140,539 EXPENDITURE Charitable activities 133,931 133,931 113,621 Total Expenditure 133,931 133,931 113,621 Net incomel(expenditure) and net movement in funds for the year 47,936 47.936 26,918 Unrealised gainsllosses 47,936 47,936 26,918 Reconciliation of funds Fund balances at 31 March 2024 964,345 964,345 937,427 Fund balances at 31 March 2025 1.012,281 1,012,281 964,345 Movements on reserves and all recognised gains and losses are shown above. The notes on pages 8 to 11 form part of these accounts.
CAMBRIDGE PRESBYfERIAN CHURCH BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Total Funds 2025 Total Funds 2024 Note Unrestricted Restricted Funds Funds FIXED ASSETS Tangible assets Total fixed assets 700,000 700,000 700,000 700.000 700,000 700,000 CURRENT ASSETS Debtors Cash at bank 7,591 305,190 7,591 305,190 7,540 257,295 Total current assets 312.781 312,781 264,835 CURRENT LIABILITIES Liabilities falling due wthin one year Net Current Assets 500 500 490 312,281 312,281 264,345 NET ASSETS 1.012,281 1,012,281 964,345 FUND BALANCES Unrestricted funds General Funds Designated funds 10 868,068 144,212 868,068 144,212 810,333 154,012 Restricted Funds 10 Total charity funds 1.012,281 1,012,281 964,345 Approved by the Trustees and signed on their behalf on 26 January 2026 by: Mr Jonathan Edwards 49kn The notes on pages 8 to 11 form part of these accounts.
CAMBRIDGE PRESBERIAN CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accountlng Pollcles The accounts have been prepad in accordance wth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparingtheir accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Effective 1 January 2019) - (Charities SORP (FRS 102)), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 1021. Cambridge Presbyterian Church meets the definition of a public benefii entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheThvise stated in relevant accounting policy notes. a) Donated and rant income" Donated income and grants receivable are taken into account vthen received by the charity- Income received in circumstances where a claim for repayment oftax has been or will be made lo HM Revenue & Customs is grossed up for the tax recoverable. Any amount of tax reclaimed from HM Revenue & Customs but not yet received is shown within the charity's debtors. b) Other income and ex enditure- Investment income is taken into account when receivable and expendiiure. induding IeCoVerable VAT, when incurred by the charity, regardless of when payment is made. Grants payable are taken into account at the earlier of when Ihey are paid or become conslructive obligations. Grants for the support of missionaties are accounted for on the basis of support th8t relates to the financial year. cl Funds= Unrestricted funds are donations and other income reiVed or generated for the objects of the charity wtlhoul specified purpose and are available for purposes as directed by the trustees. Restricted funds are amounts received where the donor has specified the purpose for which they should be used. d) Fixed assets and de reciation.. Fixed assets acquired for use by the charTty are ¢aptlalised and depreciated over their estimated useful life unless they are of low cost when they are wrtlien off on purchase. Depreciation periods are as follows.. Freehold land Freehold buildings Equipment Not depreuated Over 50 years (except the Manse. see point 6 below) Betsveen 3 and 7 years fj Debtors Trade debtors and other debtors ar erecognised at their settlement amount due after any discounts. Prepayments are valued at the amount prepaid nel of of any trade discount due. g) Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligation SuItIng from a past event that will probably result in the transfer of funds to a third paty and the amount due to setue the obligation can be measured or estimated reliably. Creditors and provisions are nomialty recognised at their setdement amount after allowing for any trade discounts due. h) Goin Concem The trustees consider that there are no material uncertainties about the charitys abilty to continue as a going concern. The trustees do nol consider that there are any sources of estimation uncertainty at the reporting date Ihat have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilitses within the next reporting period. i) Pension costs= The charity pays contributions into the pastorfs personal pension scheme.
CAMBRIDGE pREsBER1AN CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 2 Voluntary income Unrestricted Restricted Funds Funds Total 2025 Total 2024 Offerings Tax recovered 160.828 16.570 177,399 160.828 120,842 16,570 18,326 177,399 139,168 3 Charitable activitie5 Unrestricted Restricted Funds Funds Total 2025 Total 2024 a Direct Charitable Costs Ministry= stipend - Minister Stipend - Ministerial Assistant Admin Administrator Pension & Life Assurance- Minister Pension - Ministerial Assistsnt Expenses- Minister Ministerial Training Bursary Building FundlBill Mitson Awards Pulpit Suppty 35.762 35,762 35,185 574 5,824 5,646 574 5,824 5,646 584 3,840 5,384 1,560 9.800 1,560 9,800 928 3,000 760 59,925 4.200 39.836 603 17.458 3.508 2,058 127,588 760 1,465 59,925 50,386 4,200 150 39,836 31,450 603 1,400 17,458 16,696 3,508 5,655 2,058 2,098 127,588 107,836 Ministry Training Missionary Diaconal Hire of Halls Manse Grants Note 3c b Support & Administration Advertising Meetings Pholocopyinglstalionery Church Expenses 40 679 4,577 5,295 5,059 5.843 5,059 5,843 Combined charitable activity cost 133.431 133,431 113.131 c Grants Presbytery Others not exceeding £500 each 2.000 58 2.058 2.000 58 2,058 2,000 98 2,098 The church supports missionaries in the UK and intemationally. Where a particular missionary has been supported by the church for a number of years. strict compliance with the Charibes. Statement of Recommended Practice ISORPI may regard some arrangefflents as constttuting constructive obligations such that future years, support is accounted for in these accounts as a liability- Whilst the support has no final end date in some cases, the chuich officers assess missionary funding on an annual basis and are confident that the missionaries would not view Iheir support as an open-ended obligation by the thurch.
CAMBRIDGE pREsBER1AN CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 PaARCH 2025 4 Govemance costs Unreslricted Reslricled Funds Funds Total 2025 Total 2024 Accounts preparation & examination 500 500 500 500 490 490 5 Staff & Trustee5 The charity had one full time employee and one part time employee during the full year. Its activities are generally carried out by volunteers. No staff reIVed salaries at a rate of more than £60.000 per annum. The full time employee was Rev D Mccallum, vkno VMS paid in his capacty of Minister throughout the year. 6 Tangible Flxed Assets The church owns the manse which has been revalued in these accounts at a trustees, valuation of £700,000. The manse is not depreciated, on the grounds that it has a very long useful lrfe and the asset wll be maintained in such condition that its residual value is not materially different from the amount shown in the balance sheet. 7 Debtors and Prepayments 2025 2024 Tax recoverable Olher debtors 7.591 7.540 7,591 7,540 8 Cash at Bank and in Hand Bank operating accounts Bank deposits 60,451 244.739 305,190 57,024 200,271 257,295 9 Creditors: liabilities falling due within one year Accruals 500 500 490 490 10
CAMBRIDGE PRESBYfERIAN CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 10 Funds Openin9 balan Incorning resources Outgoing resources Revaluation Transfer5 Closing in the year in the year balance Unrestricted Funds General Fund Revaluation reserve 110,333 700.000 810.333 181,867 (124.131) 168,068 700,000 868,068 181.867 (124,131) Designated Funds= Ministry Training Fund Building Fund Buffer Fund Diaconal Fund Glovers Fund Bill Mitson Memorial Fund 48.281 103.364 (9.8001 38.481 103.364 2.000 367 154.012 367 144,212 {9,800) Total Unrestricted Funds 964,345 181.867 (133.931) 1.012,281 Restricted Funds Mission Support Total Funds 964,345 181.867 (133.9311 1,012.281 The assets and liabiltties represented by the various funds are as follows: Fixed assets Bank & cash balances Other net assels Total Restricled funds Unrestricted funds 305.190 7,091 312.281 Revaluation reserve 700.000 700,000 700.000 305.190 7.091 1.012,281 11