Company registrntion number 04657412 (England and Wales) Charity reglstratlon number 1096726 {England and Wales KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Caladine Chartered Certified Accountonts
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrBRAmott Mr S Chaplin Mrs K Patterson MrAAnderton (Appolnted 27 March 2025) Secretary MrBRAmott Country of Incorporatlon Unlted Klngdom (England and Wale8) Company r•gl•tratlon number 04657412 Charlty number (England and Walas) 1096726 Prln¢lp•l addre89 State Hall station Road H8athfield East Suss8X TN218LD Reg18tered offlce Chantry House 22 Upperton Road Eastboume E88t Sussex BN21 1BF Independent examlner John Caladlne FCCACTA FCIE Caladine Limited Chantry House 22 Upperton Road Easlbourne East Sussex BN21 18F Bankern Barclays Bank PIC 48 Hlgh Street Healhfield East Sussex TN218HT
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD CONTENTS Page Trustees, report ststement of Twstees, responslbllllies Independent exarninaI8 report ststement of financial actlviti88 statement of financial posltlon Notes to the financlal statements 8-18
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Ttustees present thelr annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Article5 of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practlce applicable to charities pparIng thelr account5 in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019)" Objectives and actlvltles The charity's objects are to advance the Chrlstian faith by such means as the charlty shall determine from tlme to Ilme. Kings Church Is a Bible believing charismatlc Chrlstlan church. We seek prfmarlly to honour and worship God Father Son and Holy Spirit, and to follow God's leading and dlreclion in mlssion. We are mernbers of the Evangelical Alliance and are part of the Catatyst network of churches within the New Frontlers famlty. The mission ststem8nt of the church is "We want to see lives and the Heathfield area transformed Into all God has for u5.. Over the year we have contlnued to see the church grow and 85 B result God's transforming power In the Ilves of Indivlduals and familles. Our main activits'es are to run a vartety of meeting8 that.. Focus on worshlp and prayer Teach the Blble Advance knowledge of the gospel In the Heathfield area Promote a strong sense of community Provide activitles for children and young people We implement these actlvlties to respond to the splritual and rnaterlal needs of the communities in the Heathfield area and amongst our friends in the wider international scene. Public benefit Publlc boneflt The Trustees have paid du& regard to guldance issued by the Charity Commlsslon in deciding what activiti8s the charlty should undertake. Achlevements and performance Significant activities and achievem8nts against objectiv88 As a churth we continually look for new ways lo connect with the communities around us and activety sow into our mission statement. We have made some great new connectlons through our local monthly gaiherings, Seen growth In relationships through the community garden project in Horarn, and via 50rne of our local primary sdbools in Perticular. We have also connected with local Gare homes, with one of our groups now holding a monthly meeting for residents who can no longer attend external church services in person. We use the hall to host numerous community evenls throughout the year, including mid-week fitness classes, youth groups, craft fairs, seasonal events such as Christmas market5 and choral society concerts. We also serve a5 venue for the Heathfield Chamber of Commerce to meet regularly, to assist local businesses with neMorkin9 and advice. We are in Close contact wilh leaders of local organlsations to explore how we can further serve in these areas where possible. Another key part of our outreach Work Is Ihe Alpha courses that we host at stste Hall. which typically run for 7-8 weeks at a time. These provide a forum for newcomers and guests to come and explore faith and what we can potentially offer as a church. We have increased the frequency and profile of these courses. now hosting three every year, and have seen significant growth in attendance, with sorne guests now attendlng the Churth regularfy as a result.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We continue to run various childrens and youth activities. Wth ever-increasing nurnbers of young people in the church. we have taken the step this year of employing a full-time youth worker, Jessie Vince. Many of the events that we run are not exclusive to church members, and we see thls as an opportunity to Invest in our local youth as a whole alongside the young Chrfstlan5 already in our church. We run a regular youth group on Thursday evenings for high-school ages, and a Frlday aftemoon meetlng for primary school children immediately after school. Both have proved very popular wlth Ghildren both inside and outside of Church membership. We partner wlth another Socal church to send a large group of children (aged 12+ year5) to Newday camp for a week in the summer, fulty supported and supervised by ouryouth work leaders. Charltable Work We partner with the Christmas shoebox appeal run by the Samaritsns, who send boxes of Chrlstmas gitts to children all around the wodd who m8y be experiencing extreme poverty or war. We serve as a main collection point for local donations to the scheme. We have made flnancial contributlon5 to churches overseas that we continue to have contact with, includlng in some countries where practising Christianty is politically sensltive or subject to persecution. Noakes Café Noakes café continues to trade as an Independent entity, albelt wholly owned by the church. Llke all buslness8s In the hospitality 8ector, tradlng conditions have become increaslngly challenglng over the last 12 months. in Splie of sorne relief from the prevlou5 energy cost pressures. It is welkestablished wlth a good reputation in the town and has proved to be a great asset for hosting Alpha Course evenlngs, a youth workspace, and generally increasing the profile and use of the buildlng during the week beyond Sunday moming meetings. We continue to see the café as a key vehicle for outreach and connection in the community, and are closely rnonltoring nanCeS on a monthly basis to ensure it remains a vlable buslness in Its own right. The broad alms of the café remain the same= to further the charltable work of the church by giving away any profil8 to local causes., to see the Christian fatth advance by making the building more attractlve and welcoming to visitors., and to be a place of employment and trainlng within the town. Voluntser8 A great deal of the church's work, both servlng Ihe church and the wider community, is undertaken by volunteers who are members of the church. Th8 Trustees are deepty grateful to them for thelr commilment in tlme and energy. Flnanclal revlew The church recorded a surplus of £32,732 during the year (2024.. surplus of £2,931). This surplus is expected In order to have funds to cover the anticipated increase in salary costs in the comlng year. General urreslricted funds at 31 March 2025 amounted to £345,239 (2024: funds of £312,507). ReseNes policy It is the policy of the charlty that unrestricted funds which have not been designated for 8 specrfic use should be maintained at a level equivalent to three month's expenditure. The Trustees consider Ihat reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while conslderalion is given to ways in which addilional funds may be raised. Reserves at the balance sheet date amounted to £30,801 which is below planned levels. The Trustees are looking to increase reserve levels in Ihe next accounting period. Major nsks The Trustees have assessed the major tlsks to which the charity is exposed, and are satlsfled thal systems are In place to mitigate exposure to the rnajor risks. A rolling review prograrn is being put In place to ensure that our policie5 and procedure5 are kept up to dale with help from extemal consultants.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Slnictur•i gov•manc• and manag•ment The charity ig a company limlled by guarantee and govemed by a meMandum and NJtid•8 of A990cialion. Th• charity reglstratton number, pdndpal addre83 dotall8 plug names and addrag80$ of our adllsorn are Ilsted on the Infomiaiion page of th•se ac4ount•. Th• Tt ad• al the l•gal umbrella for th• work of Klngg Churth Heathfiekl. The thurch18 3ffi11aled to th group krthw as Cataly•t Neork of Church••. Tho Tru8te69, are alio th• directorn for Ihe pur• of mpanY18w. who Mrv•d durlng the year and w> to the dale of llgnaturn of th• financial Iialemants le. Mr8RAmott MrsVJJoy Mr R Field Mr S Chaplln Mr3 K Patterwn MrAkndarton <R•loned 31 Odob•r 2025) (Re9n•d 28 November 2024) (Appointed 27 March 2026) Val Joy ha8 r•1Sgn•d al a truth• th[• y•ar y•arn of comwdtt•d g•rvice, and w• thank h•r ts al that •ho has contributsd ovar that tim. Trust•es are eleded by th• mrity vote Of rmmbers at th• Ann G•narnl M•elng. Sultsblo tral IB prowded, None of the Tru•t••s hoj any b•n•fic401 Int¥t kn th¢ company. AJI ol the TruJt•M w• rn•mbm of the conyary and guarnnt•• to ntrIbUte £10 In th• •v•nt of a wlndlng up. Ooanlsatlon81 seNcturn The Trusteej mert rngularly and deal with managemerrt oltho dwrth, The day to day adivitles of the i*urch are d•lfgknd to the churth leadwthlp tsam by Offi Jiaff. The lfradwshlp team report to Ihe Trustees on a regular ba$l8. The T tee8, report was approved by tho Board of Tru8tso1. Mr S Choplln Tvu•toe 2.5.1:,12,
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The TTUStees, who are also the directors of KC Heathfield for the purpose of company law, are responsible for preparing the Trustees, Report and the financial slatements in accordance with appllcable law and Unlted Kingdom Accountlng Standards Iunlted Kingdom Generally Accepted Accounting Practlcel. Company law requires the Trustees to prepare financial ststements for each financial year which give a true and fair vlew of the state of affairs of the charity and of the incoming resources and appllcation of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to.. select sultable accounting policies and then apply them consistently., observe the methods and princlples in Ihe Charlties SORP., make ludgement5 and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subj8Ct to any materlal departures di$dosed and explained in the financial statements; and prepare the financlal statements on the golng concem basls unless It Is Inappropriate lo pr8surr£ that the charlly wlll continue in operation. The Trustee5 are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financlal positlon of the charity and enable them lo ensure that Ihe financial statements compty wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for laklng reasonable steps for the prevention and detectlon of fraud and other Irregularltles.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KC HEATHFIELD I report to the Trustee5 on my examinatlon of the flnancial 5tstement5 of KC Heathfield Ohe charity) for the year ended 31 March 2025. Responslbllltles and basls of report As the Trustees of the charity land also Its directors for the PUTposes of company lawl, you are responsible for the preparatlon of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfled myself that the financlal statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examlnation of the charity's financial statements carried oul under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charlty Commission under section 145(5)Ibl of the Charities Act 2011. Independent examlnerfs statement Slnce the charity's gross income exceeded £250,000, the Independent examiner musl be a member of a body listed in section 145 of the Charltles Act 2011. 1 confirm that l am quallfied to undertake the examination because l am member of the Associatlon of Chartered Certlfied Accountants, which Is one of the listed bodies, I have completed my examlnallon. I confirm that no matters have corne to my attention In connection wlth the examlnation givlng me cause to belleve that in any malerlal respect: accountlng records were not kept In respect of the tharity as requlred by section 388 of the Companles Act 2006. the flnancial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 398 of the Comp8nie5 Act 2006 other than any requlrement that the financlal statements give a true and fair view, which is n(A a matter considered as part of an independent examinatlon. or the financial statements have not been prepared in accordance wlth the methods and principles of the Statement of Recommended Practice for 8ccounting and reportlng by charities applicable to charities preparing iheir financial slalernents in accordance with the Flnanclal Reportlng Slandard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matters In connection wllh the examinatlon to which attentlon should be drawn in this report In order to enable a proper understandlng of the financlal statements to be reached. John Caladlne FCCA CTA FCIE Caladine Llmited Chantry House 22 Upperton Road Eastboume East Sussex BN21 18F
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrejtrlcted funds 2025 Unrestrlcted funds 2024 Notes Income fram: Donations and legacies Charitable activities Investments Other income 294,313 16.552 1,045 11,885 245,792 18,354 18,860 Total Income 323,795 283,006 Expendlturo on: Charitable activltles Other 8xpenditure 291,083 279,185 890 12 Tot•1 expendltur• 291,063 280,075 Net Income and movem•nt In fund 32,732 2,931 Reconclllatlon of funds.. Fund balances at 1 April 2024 312,507 309,578 Fund balances at 31 March 2025 345,239 312,507 Th8 Statement of financial actlvitles includes all gains and losses recognlsed In the year. All Income and expenditure derlve from conllnulng actSvities.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD STATEMENT OF FINANCIAL POSITION ASAT 31 MARCH 2025 2026 2024 Nots• Flxod aM•ts Propety. plant and equlpment Inv68trnnt• 14 16 313,889 327,919 313,870 327,920 Curr•nt a•••ts Trade and other rethabl88 Cash at b•nk and In hand 18 17,835 73,205 15,084 $0,034 91,040 (38,471) 85.098 (34,517) Cunnt Ihblllll N•1 curront a•••t• 52,689 30.581 Totsl aM•t• lom ¢urront Il•blllU 386,439 358.501 Non4urr•nt Ihbllltl•• 19 (21,200) (45.994) 345,239 312,507 Th• fund• ofth• charlty Unre8trlc•d Ilmds 21 345,239 312,507 345239 312,507 The company18 entllhd to tha exempts'on from the audrt requir•mrt nI4¥18d in Mdlon 47T of th• CompanlesAc 2006, for Iho yur end•d 31 Marth 2025. The dreclors gd(nowledg• their re$ponslbllbtie• for cornptylng wth the requlrements of th• cpanIe# Ac* 20 fe8pad to att4untlw r•cord8 and the preparatlon of financial •tatern•nts. The memb•rn have not requlmd th• company to obtaln an audlt of tt• fin•n¢lal 8t8tem•nt• for tho y••r In quojllon aCCOTdanca wlth sedkn 476. Th8$0 finandal statements have hon prepared In accordance wlth the provlslorA applicabl• lo companle¥ s to th8 small companies re9im. The financlal 8tatementswere approved by the TnJsteeg on .. 2¥1:,12. Mr B R Am¢)tt TNsts• r S Chapn TnMts• Company regislration nurrknr 04857412 (ErvJland and Wales)
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Company Infomiatlon KC Heathfield is a private company limited by guarantee incorporated In England and Wales. The registered office is Chantry House, 22 Upperton Road, Ea5tbourne, East Sussex, 8N211 BF. 1.1 Basls of preparatlon The financial statements have been prepared in accordance with the charfty's Memorandum and Articles of Associatlon, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 2019)" The charity Is a Public Benefit Entity as deflned by FRS 102. The charity has taken advantsge of the provision8 in the SORP for charities applying FRS 102 Updats Bulletin 1 not to prepare a Statement of Cash Flows. The finandal statements are prepared in sterllng, whlch is the functlonal currency of the charity. Monetary amount8 in these financlal statements are rounded to the nearest £. The flnanclal statements have been prepared under the historical cost conventlon. The principal ac¢ountlng pollcies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the Trustees have a reasonable expectallon that the charity has adequate resources lo continue in operalional existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basls of accounting in preparlng the financial statements. 1.3 Charftable fund8 Unrestricted funds are available for use at the discretion of the Twsts88 In furtherance of their charitable oblectlves unless the funds have been deslgnated for other purposes. All monies glven to the Church were for the General fund. The Church does not have any restrlcted funds. 1A Income Income is recognised when the charty is legally entitled to it after any performance condltlons have been met, the amounls can be measured reliably, and it 18 probable that income will be received. Cash donglions are recognlsed on receipl. Other donatlons are recognised once the charity has been notified of the donation, unless performance condrtions require deferral of the amount. Income tax recoverable in relation to donations recelved under Grfl Ald is recognised at the time of the donation. Legaaes are recognised on receipt or otherwise if the charity has been notified of an impending distrlbution. the amount is known, and receipt 15 expected. If the amount is not known, the legacy is treat&d as a contingent asset. Income from trading actlvities includes sales from our coffee shop, Noakes. Income via Noakes Is recognised when received.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) 1.6 Expondlture Expenditure is recognised when there is an obligation to make a payment to a Ihird paty. il Is probable that settlement will be required and Ihe amount of the obligation can be measured reliably. Expenditure is dassified under the appropriate heading and includes irrecoverable VAT. Expenditure relating to events Is recognlsed when the event occurs. Grants and donations to thlrd parties are recognised when paid. 1.6 Property, plant and equlpment Property, fixtures and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depr8ciation and any Impaimient losses. Depreclatlon Is recognised so as lo write off the cost or valuatlon of assets less thelr residual values over thelr useful Ilves on the followlng basis.. Land and building6 Flxtures, fittlngs and equipment 2% on a straight line bas15 15% on a reducing balance basis The galn or105s asing on the disposal of an asset Is determlned as the difference between the sale proceeds and the carrylng value of the asset, and Is recognised in the statement of financlal activlties. 1.7 Non-current Inve8tments Fixed asset investments are inStially measured at transaction price excluding transactlon costs, and ar6 subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net Incomel{expenditure) for the year. Transactlon costs are expensed as Incurred. A sub8idl8ry Is an entity controlled by the ch8rlty. Control 18 the power to govern the finan¢l81 and operating pollcles of the entity so as to obtsln benefits from Its actlvities. 1.8 Imp•lrni•nt of non.curr•nt assets At each reporting 8nd date, the charlty Teviews the carrying amounts of its langible assets to determine whether there is any indlcation Ihat those assets have Suffered an impalmient loss. If any such Indutlon exists. the recoverable amount of the asset Is esllmated In order to determine the extent of the impairment Ios5 lif any). 1.9 Cash and cash equivalents Cash and cash 8quivalents include cash in hand, deposits held at call wlth banks, other short-term liquld investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown wrthin borrowlngs in current Ilabilities. 1.10 Flnanclal Instruments The charity has elected lo apply the provisions of Section 11 'Baslc Financial Instruments, and Section 12 'Other Flnancial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in Ihe charity's balance sheet when the charity becomes party to the contractu31 provisions of the Inslrument. Financial asset5 and liabilities are offset, with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnuedl Basic flnancial assets Basic financial assets, which Include trade and other recelvables and Gash and bank balances, are initlally measured at Iransaclion price includin9 transactlon costs and are subsequently carried at amortlsed c05t using the effective interest method unless the arrangement constitutes a financing Iransaction, where the transactlon is measured at the present value of the future receipts discounted at a market r8te of InteresL Financial assets classified as rec61vable withln one year are not amortised. Basic flnancial liabllltles Basic financial Ilabllities, including trade and other payables and bank loans are initially recognised at transactlon price unless the arrangement constitutes a financing transacllon, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilitles classified as payable within one year are not amortised. Debt instruments are subsequenlty ¢arrled at amortised cost, using the effectlve Interest rale method. Trade payables are obligatlons lo pay for goods or servlces that have been acquired In the ordinary course of operations from suppliers. Amounts payable are dasslfled as current liabilities if payment Is due within one year or less. If not, Ihey are presented as non<urrent liabilitlès. Trade payables ar8 recognised Inltlally at transactlon prlce and subsequenlly measured at amortlsed cost uslng the effective interest method. Derecognltlon of financlal liabllltlos Flnancial liabilities are derecognised when the charity's contractual obligations expire or ar8 discharged or cancelled. 1.11 Employee beneflts Where material, the cost of any unused holiday entitlement 18 recognised in the period in which the employee's seTvlces are recelved. Termination benefits are recognlsed Immediatety as an expense when th& charlty is demonstrably committed to termlnate the employment of an employ88 or to provide tennlnatlon beneflts. 1.12 Rotlrement b•neflts Payments to defined conlrlbutlon retirement benefft schemes are charged as an expense as they fall due. Crltlcal accountlng estlmates and Judgements In the application of the charlty's accounting pollcies, the Trustees are required to make Judgements. estimates and assumptions about Ihe carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimates and associaled assumptions are based on historical experience and other factors that are considered to be relev8nt. Actual results may differ from these estimates. The estimates and underlying 8S5umptlons are revIevd on an ongoing basis. Revislons to accounting estimates are recognised in the period in whlch the estimate is revised where the revision affects cnly that period, or in the period of the revislon and future periods where the revislon affects both current and fvture perlods. 10-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donation8 and legacles Unrestrlcted lund8 2025 Unrestrlcted funds 2024 Donations and gifts 294,313 245,792 Donatlon8 and glfts Regular donations and gfft days Gift aid tax refunds 254,539 39,774 208,830 36,962 294,313 245,792 In¢ome Irom charltabl¢ a¢tlvltle8 Unrestrlcted funds 2025 Unre8trlcted fund8 2024 Charltable actlvltle• Conferences and special events Hall hlre Income 8.958 7,594 10,144 8,210 18,552 18,354 Income from Inve•tmgnt3 Unre8trlcted UnTestrl¢ted funds funds 2025 2024 Interest recelvable 1,045 11
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Other Income Unrestrlcted Unrestrlctsd fund¥ funds 2025 2024 other income Catering Incom8 Management fee Income (Noakes coffee shop) 135 1.250 10,500 2,880 1,580 14,400 11,885 18,860 12-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable actlvltl Charltable actlvltles Charitable activities 2025 2024 Dlract costs staff costs Conferences, events and pastoral support Provision of ministerial accommodation Evangelistic courses and activities Guest speaker8 Books, music and tapes Worship and PA Children and youth Prlntlng, postage and statlonary Travel costs C8terlng and other suppll8s Telephone Licenses Child protection Computer expensès Health and safety Subscrfptions Sundries Advertislng 90,046 31,528 37,318 1,491 600 1,809 3,016 5,171 2,188 495 3,848 2,199 1,337 649 2,706 49 2,459 14 77 77,784 27,741 34,963 2,405 450 818 2,582 4,225 1,954 163 5,081 2,908 1,262 563 1.418 139 1.915 431 141 186,998 186,943 Grant fundlng of activitles (see note 8) 14,371 24,708 Share of Support and governance co•lJ (see nots 9) Support Govemance 80,773 8,921 77,091 10,443 291,063 279.185 Analysls by fund Unrestricted funds 291,063 279,185 13-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable Charltable actlvities 2025 Charltable actlvities 2024 Grants to instltutions.. Amienia- churches and communities Turk8y - churches NevArontlérs (Sphere Glvlng) Other 1,575 7,200 2,596 3,000 13,988 7.200 2.520 1,000 14,371 24,708 Support costs allocated to a¢tlvltlo8 Charltsble 4Ctlvltles 2026 Total 2024 Depreci8don Llght and h88t Loan interest Repalrs and malntenance Cleanlng and consumables Insurance Vvater rates Carataklng Govemance 14,050 29.167 4,501 10,003 15,585 4,066 2,741 150 9,431 14,881 28,456 6,191 5,274 14,702 3,984 3,463 140 10,443 89,694 87,534 2025 2024 Governance costs comprlse: Accountancy Independent examinatlon Bank charges Bookkeeping 1,975 1,085 1,121 5,250 1,860 1,020 2,215 5,348 9,431 10,443 10 Trustees The total aggregate donations recelved by the charty from its trustee5 and relaled parties amounted to £23,195 (2024.. £26,764). 14-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Efflployoes The average monthly number of employees during the year was: 2025 Number 2024 Number Pastoral Administratlon and support Total Employment costs 2026 2024 Wages and salarf88 Soclal securfty costs other penslon costs 81,278 5,771 2,999 70,277 5,142 2,385 90,046 77,784 There We no employee6 whose annual remuneratlon was more than £80,000. Remuneration of key managemont per80nnel The remuneration (wages and employer pension contribution8) of the two key management personnel Is as follows, 2025 2024 Aggregate compensatlon 50,849 48,115 £37,318 was also pald to the l)NO key managernent personnel for the provislon of manse accommodatlon {2024: two key m9nagemenl personnel received £34,963 for manse accommadation). 12 Other expendlturo Unrestrtcted Unrestrlcted fund8 funds 2025 2024 Net loss on disposal of tangible fixed assets 890 13 Taxation The charity is ex8mpt from taxation on Its activities because all its income is applied for charltable purposes. 15-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Property, plant and equlpment Land and bulldlnga Flxturvs, fittlngs and equlpm•nt Total At 1 April 2024 430,000 145,530 575,530 At 31 March 2025 430,000 145,530 575,530 Dapraclatlon and Impalrnient At 1 Aprll 2024 Depreciation charged in the year 137,600 8,600 110,011 5,450 247,611 14.050 At 31 March 2025 148,200 115,461 261,661 Carrylng amount At 31 March 2025 283,800 30,069 313,869 At 31 March 2024 292,400 35,519 327,919 The Charlty has elected to Use a previous GAAP revaluats'on (31 March 2008) of its freehold property as the deemed cost of that propety on the transition date in accordance with the transltional provision contained In sectlon 35.10 Id) of FRS102. The value used was provlded by Stlles Harold Wlllams on an 'existlng use basls wlth vacant P08sesslon' In accordance wlth the RICS valuatlon standards 6th edition. 15 Flxod a88et Inv•stmonto other Investmont8 Cost or valuatlon At 1 April 2024 & 31 March 2025 Carylng amount At 31 March 2025 At 31 March 2024 2025 2024 Other investments comprise: Not•8 Investments In subsldiaries 16-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Trade and other recelvables 2025 2024 Amounts falllng dua wlthln one yeor: Amounts owed by subsidiary undertakings Other receivables Prepayments and accrued Income 7,421 8,314 2,100 5,397 7,908 1,759 17,835 15,064 17 Borrowlngs 2025 2024 Bank loans 45,782 68,271 Payable wlthin one year Payable after one year 24,582 21,200 22,277 45,994 The bank loan with Barclays Bank PIC 18 secured by legal charge over State Hall, Ststlon Road, Healhfteld, East Sussex. The interest rate on the loan is the Bank of England base rate plus 2.90h and it is due to be lulty repald In 2026-27. 18 Current Ilabllltle• 2025 2024 Noto8 Bank loans Othertsxation and 8oclal securlty Trade payables Other payables Accnjals and deferred income 17 24,582 3.247 7,007 575 3,060 22,277 3,333 6,424 23 2,460 38,471 34,517 19 Non<urrent Ilabllltle 2025 2024 Notes Bank loans 17 21,200 45,994 20 Retirement benefit schemes 2026 2024 Deff ned contribution schernes Charge to profit or loss in respect of defined contribution schemes 2,999 2,365 17-
KC HEATHFIELD KNOWN AS KINGS CHURCH HEATHFIELD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Retirement beneflt schemes (Continued) The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those ofthe charity In an independently administered fvnd. 21 Unrestrfcted funds The unrestricled funds ofthe charity comprise Ihe unexp8nded balances of donalions and grants which are not sublect to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aslde out of unrestricted funds by the trustees for specific purpose5. At 1 Aprll 2024 Incomlng regources Resources At 31 March expended 2025 General funds 312,507 323,795 {291,063) 345,239 Previous y•ar'. At 1 Aprll 2023 Incomlng r••ources R•50urces At 31 March exponded 2024 General funds 309,576 283,006 1280,075) 312,507 22 Flnanclal comrnltmantsj guarantees and contlngont Ilabllltle8 The church rents a manse for each of the two paid elderslpastors of the church on a rolling monthly basis. 23 Related party transactlon• There were no disclosable relatsd party transactlons during the year (2024- none). 24 Sub8ldlarle8 Details of the charty's subsidiaries at 31 March 2025 are as follows.. Name of undertaklng Reglstered offlce Naturo of bu81nes8 Class of °A Hold shares held Dlrect Indlrect Naakes Heathfield Limited United Kingdom Coffee shop Ordinary shares 100.00 The aggregate capital and reserves and the result for the year of subsidiarles excluded from consoldation was as follows.. Name of undertaking Profitl(Loss) Capltal and Resèr¥e5 Noakes Heathfield Llmlted {293) 615 18-