4)C￿Es ofr Thames Valley Churches of Christ Trusteesg Reports & Accounts Flnanclal Yoar Endlng 3110312025 Contents Legal & Administrative Details Trustees Report Inde￿ndent Examiners Report Statement of Financial Attiwlies Balance Sheet Notes - Accounting Policies Notes - Analysis of Financial Statements Notes - Analysis of Nel Assets Between Funds Notes - Other pg.1 Legal & Administrative Detsils Charity Name.. Thames Valley Churches of Christ Charity Number.. 1099382 Company Number. 04767513 Chanty Address. 137 Dee￿ul Bridge Ro&J Deepcut Camberley Surrey GU16 6SO Trustees.. Dr Ja$minder Mank Mr Christopher Birtles Key Management Pe￿nnel.. Dennis Obongonyinge Company SecretarylAdministrator Name & Address of Primary Banker.. Lloyds Bank plc 24 Broad Street Reading Berkshire RGI 2BT Independent Examiner. Paxton Examiners 61a High Street South Rushden Northants NN10 ORA Thames Valley Churches of Christ Trustees, report for the year ended 31 March 2025 The Trustees of Thames Valley Churches of Christ present their annual report and the independently examined financial statements for the year ended 31 March 2025. Thames Valley Churches of Christ is a company limited by guarantee (Company Number 47675131. It is also a registered charity (Charity Number 10993821. Both registrations are in England and Wales. The organisation's registered address is. 137 Deepcut Bridge Road, Deepcut, Camberley, surrey, GU166SD Because of its, dualstatus as a company and a ¢haTity, the same people seNe as its company Directors and charity Trustees. A list of those serving is given on page l. In this document, the term "Trustee" is used, but this should also be taken to imply the role of "Director" Trustees, meetings are held face to face or virtually at least four times per annum. Trustees are not remuneiated for their duties (other than necessary expenses) and hold no beneficial interest or shares in the company. The charity has a Trustee Indemnity Insurance policy. The day-to-day administration of the charity is delegated to the "company secretary" The day to day'spiiitual" leadership and guidance ofthe charity is delegated to'the ministry leadership team. led by a men's and women's ministry leader" Thame5 Valley Churches of Christ maintains strong connections with other churches in th8 International Churches of Christ family, both in the UK and overseas. Thames Valley Churches of Christ also has connections with 8 benevolent charity called HOPE worldwide whose UK projects includework with the homeless and has links to internation81 programmes through similarly named entities around the world. The Trustees have complied with the duty set out in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission. All Trustees give their time voluntarily and receive no benefit Irom the charity. Any expenses reclaimed f rom the charity are set out in notes to the accounts. pg.3 Thames Valley Churches of Christ Trustees, report for the year ended 31 March 2025 The objects of Th8me8 Valley Churches of Christ ar8 defined in its Articl88 of Assoclation 8$ follows: "the advancement ol the Christian religion and the relief of pov8rtyin the Unit8d Kingdom and 81sewhere throughout the world" The main ways in which Thames V8lleyChurche$ of Christ accomptishes its objects are through.. adult ministry (this includes prayer, teachings prea¢hing, spiritual counselling and ev8ngeli$ml youth an(J children's ministry assistance to the needy and the sick Summaryofthe charlty's maln actlvltle8 and achl8vemen18 To further the above oblects and vision, the charityls main 8Ctivities and achievements were as lollows: Prayer, toaching. counselllng and evangelism Thames Valley Churches of Christ aim to facilitate the worship of God and to promote the everyday 8ppIic8tion of Chris's te8chings. The charity continues to focu$ on small groups in the counties of Surrey. Hants. Berkshire. Dorset and Buckinghamshire. All the groups meet frequently to pray and worship together and to feceive biblical teaching. The charity employ fulltime ministry workers and also uses volunteer teachgrs. It also continued to use the services of a teaching and worship leader on a consultancy Iself-employed} contract. With the help and supportof members olthe congregationsthe Sundayworship se￿ICes, and mid- week meetings are opento members ofthe widercommunity and visitors arewelcome. Many teaching materials are placed on church websites and various social media ch annels free to the public. All activitie$ aim to foster a strong community spirit within the location congfegations and to develop a supportive and encouraging environments for all members of this community- One way that our member churches aim to support families andyouth is by providing teaching and 8ssist8nce with marriage 8nd parenting issues. Our churches support overseas missions in similar work (See Note 51. All these activities aim to foster and promote the everyday application of Christ's te8¢hing$. Thames Valley Churches of Christ Trustees. report for the year ended 31 March 2025 Youth and Children's ministry As in previous years the charity has put resources into building an eff ective youth ministry for families within the congregations and their surrounding neighbourhoods. All youth and children's activities are organised with the safety and security of the children at its heart. The charity has subscribed to the services of the Churches Child Protection Advisory Service Inow Thirtyone'.eightl who provide an invaluable service in supporting this work. Weekly classes this year were focused on creating an encou¥8ging environment in which children can build an understanding of God and grow in their confidence and self-esteem and develop an appreciation of the ielevance and usefulness of Christ in their everyday lives. The children 8re encouraged to invite theirfriends and family along to these ev8nt5. Assistingthe Needy and the Sick As in previous years the charity aims to meet the local needs among its mernbers and in the local comrnunity. The Charity Strives to imitate Jesus concern for those in need by supporting and partnering with HOPE Worldwide la UK registered charityl. This year the charity did not provide any new financial support but continued to monitor all the projects supported in previous years through HOPE Worldwide in India, Napal, Lebanon and Croatia. The church however continued to support the needy withing the church and its Ioc81 communities. This year two of OUT oldest ministry staff retired due to health reasons. The church took special collection for their severance, as a thank you for their more than 2 decades of service. The church continues to grow and spread in small groups. As in previous years the youth ministry had a very successful summer camp in Isla of Wight. The youth ministry continued to engage and inspire young people from within the church and the local community by using online resources, day trips and weekend activities. The church continues to focus on building strong young families and young professionals ministry. The church also had 8 great summer programmewith an outdoor service in the summer of 2024 at"Dinton Pastures" in Wokingham. Leaders continue to rise up in the small groups and locations and a wealth of talent that is needed for the church to continue to thrive is very encouraging. In planning the activities, the trustees have applied the guidance on public benefit issued by the Charity Commission. pg.5 Thames Valley Churches of Christ Trustees, report forthe year ended 31 March 2025 Financial Review In overseeing the finances and administration of the charity. the Trustees wish to ensure that it complies with all relevant legislation and regulations. However. they also seek to apply a high standard of self-regulation, as they seek to imitate the standard set in the Bible by the Apostle Paul: "We want to avoid any criticism of the way we administer this liberal gift. For we are taking pains to do what is right, not only in the eyes of the Lord but also in the eyes of men." 2 Cor 8.'20-21. To ensure high standards, the trustees.. set out the policies and procedures under which the org8nisation operates. undertaken to periodically review policies and procedures to ensure that they are fit for purpose and are being implemented effectively. The Trustees do not believe the charity is involved in risky activity. All necessary employers and public liability insurance policies are held and under constant review. The org8nisaiion h8S taken on more costs as we prepare for transition in leadership but the trustees believe the charity is in good financial health as at 31 March 2025. Duringthe twelve-month period ending 31 March 2025, total income amounted to £393.751 12024: £272,654). This included donatlons of £389.376 12024: £240.4991 for unrestricted purposes. Restricted donations for Missions and Benevolence amounted to £4,37512024'. £32.1 $5}. Expenditure tot8led £357.29512024: É317,505}. whi¢h represented the operating costs of running the organis8tion, further disclosed in Notes 1- 9 to these accounts. The accumulated funds of£59,931 as at 31 March 202512024: £23.475] The Trustees periodically review and update the organisation's risk register. Three headline risks concern safeguarding. the development of future leaders, and maintaining the gcoJw"Il of church members. These risks and a summary of our mitigation plans are described as follows.. Safeguardlngthe well-beingof chlldren and vulnerable adults In church care: the Trustees want to have land be seen to havel the highest standards in child protection. We are informed by advice from Thirtyone:eight Iform8rly Churches Child Protection P8.6 Thames Valley Churches of Christ Trustees. report for the year ended 31 March 2025 Advisory Servicel. All staff are required to attend suitable training (both on appointment and periodically thereafter), and we are expanding the Disclosure and Barring SeNice IDBSI checks to include all volunteers regularly involved in such activities. Future leaders and ministry Staff: the Trustees recognise that there is a continued need to train young leaders to continue the work of the charity. To help address this challenge and ensure we raise successors foi the current generation of leaders and staff we have continued to invest in the C8mpus and Young Professional Ministries to attract and train future leaders. Trust and goodwill of church members: the financial and operational continuity of the charity is intrinsicallytied to the continued trust and goodwitl of the church members towards the charity. its leadership and its effectiveness in carrying out its purpose. We seek to protect and strengthen that goodwill through upholding the expectation of wholehearted participation in the life of the church by all its members. and a healthy engagement with church leadership and trustees. The Trustees and Leadership Groups of Thames Valley Churches of Christ continue to focus on growing our churches with a particular emphasis on: Encouraging your members to engage and take leadership roles as they will become the church leaders of the future Strengthening our location groups through closer ties and relationships. Recruit new members to the board of trustees and strengthen all governance, oversight and compliance. Increase the engagement between members, trustees and leadership across the church to promote transparency and trust. pg.7 Thames Valley Churches of Christ Trustees, report for the year ended 31 March 2025 QQNQLUSIQN Thig report h8s demonstrated th8t Thames Valley Churches of Christ IS 8ccomplishing its objectives to spread the message of Jesus Christ. and to help those aflected by poverty and sickness. In so doing, it is bringing benefits to wider society through its activities. The organisation is in a sound financial position and intendsto build on itswork in the comingye8rs. Approved by the Trustees. and signed on their behalf on 24 April 2026 by- Slgnoture Christopher Birtles (Trusteel p&8 Thames Valley Churches of Christ Trustees. reportforthe year ended 31 March 2025 Company law requiies the Trustees to prepare financial statements that give 8 true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the Trustees are required to.. Select suitable accounting policies and then apply them consistently- Make sound judgements and estimates that are reasonable and prudent- and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for maintaining proper accounting records which disclose within reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible lor safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In accordancewith company law, as the company's Directors, we certifythat: so far as we are aware, there is no relevant audit information of which the company's auditors are unaware. and as the Directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information. These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies, regime. Approved by the Trustees, and signed on their behalf orf 24 April 2026 by= Signature Christopher Birtles {Trusteel Si9palure pg.9 Independent Examiners Report I report to the tfustees on my ex8min8tion of the accounts of Thames Valley Churches of Christ I'the charity'l for the year ended 3110312025. Ro$ponslblliti83 and basls ol report Ag the charity's trustees of the Company land its directors for the purposes of company lawl you are responsible fof the preparation of the accounts in 8c¢ordance with the requirements of the Companies Act 2006 {'the 2006 A¢t')- Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as c8rried out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have followed the Directions given bythe Charity Commission under section 145151 Ibl ol the 2011 Act. Independent examiner's statement I have completed my examination. l confirm that no matters have come to my attention in connection with the examination giving me cause to believe-. 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and f8ir view which is not a matter considered as part of an independent examination: oi 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting st8ndard applicable in the UK and Republic of Ireland IFRS 1021]. I have no concerns and have come across no other m8tters in connection with th8 examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. D9.931 23075 Funds olthecharlty Restricted income funds 14.540 14.540 19,455 Unrestrlcted funds 45.390 4,019 TOTAL FUNDS 45.390 14.540 $9.931 23A75 The entitywas entitled to exemption from audit under section 477 ofthe Companies A¢t2006. The members have not required the entity to obtain an audit for the y8ar in question in accordance with $e¢tion 476 of the Companies Act 2006. However, an independent examination is required in accord8nca with section 144 of the Charities Act 2011. The trustees acknowledge their responsibilities for complyingwith the requirementg of the Actwith respect to accounting records and preparation of financial statements. These financial statements have been prepared in accbrdance with the provisions applicabl8 to companies subject to the small companies. regime. Approved by the Trustees. and signed on their behalf on 24 April 2026 by Signature Christopher Birtles (Trusteel PK. 12 Thames Valley Churches ot Chrlst Notesto Financial Statements-yearto 31 March 2025 1 Accounting policies Basls of Preparation The charity constitutes a public benefit entity a5 defined by FRS 102. These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless othemise stated in the relevant notelsl to these accounts. The accounts have been prepared in accordance with.. the Charities Act 2011 and with the Statement of Recofflmended Practice ISORPI 2026 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 Goingconcern The trustees have considered cash flow estimates, the reseNe balances and the operating environment for the twelve months from the date of these accounts and have concluded that the charity is a going concern. Fund Accounting The charity maintain5 various types of funds as follows.. Unrestricted fund This represents unrestricted income which is expendable at the discretion of the Trustees in furtherance of the objectives of the charity. Such funds may be held to finance both working capital and capital investment. The charity at present has no designated funds. Restricted fund- HOPE Worldwide Projects This represents donations which are given by the donors to support the charity's projects with HOPE WW Nepal and HOPE WW India Projects and are restricted to this use. Restricted fund- Benevolence This represents donations which are given by the donors for benevolence work within the church and local communities and are restricted to this use. p£. 13 Thames Valley Churches of Christ Notes to Financial Statements-year to 31 March 2025 (continued) I Incomlng Resources (Donailonsl These are included in the Statement of Financial Activities ISOFAI when: the charity becomes entitled to the resources. it is more likely than not that the trustees will receive the resources: and the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities. or income and expenses. unless required or permitte(J bythe FRS 102 SORP or FRS 102. Resources Expended These are included in the Statement of Financial Activities ISOFAI when: Expenditure is recognised on an accrual basis when a liability is incurred. Expenditure include any VAT which cannot be fully recovered and is reported as part of the expenditure to which it felates. Expenditure on charitable activities Comprise those Costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature nece88ary to support them. All costs are allocated be￿88n expenditure categories of the Statement of Financial Activities on a basis consistent with the use of resources. Costs relating to a activity are allocated directly, other8 are 8PPOrtioned on an appropriate basi$. Governance Costs Supportcosts h8ve been allocated between governance costs and other support Costs. Governance costs comprise all costs involving accountability of the charity and its compliance with r8gulation and good practice. Volunteers The value of services provided by volunteers 1$ not incorporated into these financiol statements. Further details of the contribution made by volunteers Can be found in the Trustees, report. Tanglble Flxed Asse18 The charity acquired no Large assets duringthe year. Fixed assets that cost less than É1.000 are written off in the year in the statement of financial activities. .14 Thames Valley Churches of Chrlst Notes to Financial Statements-yearto 31 March 2025 (continued) Liablllty Recognition Liabilities are recognised when there is an obligation at the Balance Sheet date because of a past event, it is probable that a transfer of economic benef it will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised al the amount that the charity anlicipales it wll pay lo sellle the debt or the amount it has received as advanced payments for any future charitable activity it must provide. Provisions are measured al the best eslim21e of the amounts required lo settle the obligation. Where the effect of the time value of fTioney is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. IRequired data field mi$singl Pensions The charity makes contributions of 3% of gross salaries lo employee's personal pension ￿heMes. Contributions are made on behalf of all qualifying employees. All contributions during the period were accrued and charged to the Statement of Financial Activities for the year. Taxation VAT The charity is exempt from VAT under HMRC registration threshold. Income taxes The charity's activities are exempt from taxation under Section 505 of the Income and Corporation Taxes Act 1998 Charity commitments Charitable commitments which are leg811y binding on the Trustees 8re accounted for as expenditure in the Statement of f inancial Activities. Where the promise of financial support is not binding on the Trustees. such intentions are accounted for by a transfer to a designated reseNe. Activities that are to be wholly financed from future income do not form part of such designation and are disclosed in a note to the accounts. pg. 15 Thames Valley Churches of Chrlst Notes to Financial Statements-year to 31 March 2025 (continued) I Note 3: Anatysls of income This year Last year R••trktsd In¢om• funds Analysls Unff•strki•d tund• Unr•*trfct•d tund• Incoffl•lundJ Totsllund Tothlfund• Donations and legacies: Donations 325,815 325,815 3,500 64,390 393,705 240,420 32,155 272,575 Donations Imichael Fadtryinl Gift Aid Claimed 3,500 875 4,375 63,515 389.330 Total donotlon¥ and legaclos: 240.420 32.155 272.575 Incorne Irom investments: Intgrest Rg¢eiv¢d Total incofflefrom inV￿tMontr: 46 46 79 79 46 46 79 79 TOTAL INCOME 389.376 4J75 393,751 240A99 32,155 272.654 Note 3: Analysls of expenditure Th1$ year Last ￿01 A•*trfct•d Incomo fund• Analysls Llnr••trict•d fvnd$ Yl•strict•d Incorno fvnds Unrnstdctod lund• tstfrLlund• Expondtture on charltabie acll¥llles: Benevolence & Missions Kingdom Kids & Youth Mini$try Preaching. Teachin& Evangelism & Totalcharltable activllles 1.340 13.830 332.835 348.005 9.290 10.630 13.830 332.835 357,295 266 63.020 63,286 10.751 243.473 317.510 10,751 243.473 254,490 9.290 83,020 TOTAL EXPENDITURE 348.005 9290 357.295 254.490 63.020 317.510 pg. 16 Thames Valley Churches of Christ Notesto Financial Statements-yearto 31 March 2025 (continued) Note 4: Support & governance ¢osts Thi¥ye•r La$tYeaf Preaching, Teaching, Evangelism & Couns81ing Analysis Klngdom Kids & Youth Ministry Ben8volen¢¢ & Missions Total Total Support & govern&nee costs Insurance 378 378 336 Bank & card ¢harg88 5.355 5.355 4,115 IT& SoftW8re co8t5 6,356 6,356 1,356 Website & promotion5 2,764 2.764 6,675 Independent Examination 1.356 Accounts & administratlY8 19.350 1.029 20.379 15.864 TOTAL EXPENDITURÈ 34.202 1,029 35231 29,702 Note 5: Employee costs 2025 2024 Analysi8 Total Total Grosswages & salaries 125,521 106.871 Empioye's national insurance 7.653 5,773 Employers pension contributions 4,185 5.625 TOTAL EXPENDITURE 137.359 118,269 No members of staff earned more than £60.000 during the year 31 March 2025 or in the previous year. The average number of employees in the year was 312024 il was 41 pg. 17 Thames Valley Churches of Christ Notes to Financial Statements-year to 31 March 2025 {continued) Note 6: Severance payments to retirlng staff 2025 Total 2024 Total Analysiy Severance payments 63,500 TOTAL EXPENDITURE 63,500 Two long term employees retired for health reasons. More is explained in the"trustees's report.. Note 7: Debtors and prepayments Th1$ year La5tyoaw Detally Gift Aid Rgcoverable 3,073 2,161 Prepayments and accrued income Other debtors 13.519 17.785 TOTAL DEBTORS Note 8: Creditors and accruals Detalls Thi8 yoar Lasi year Accruals and deferred income 12.375 10.489 Taxation and soci81 security Other creditois 3,441 6.254 5,249 21.065 3,182 19.925 TOTALcRED￿OftS p&18 Thames Valley Churches of Chrlst Notes to Financial Statements-year to 31 March 2025 (continued) Noto 9: Charityfunds B•lonces brought forward Purpose and Re•trlction• Income expwdltur Tr•rbsfer• carried forward Fund n•m•• Sp8C181 collection severance payment5 andreplentsh reseThes 120,039A3 165.252.911 $4.786.92 2024 Spe¢l•l Fund FundforBenevolent Activitles olth8 Church 15,627.00 14,915.001 3.829.00 14.541.00 8enwoience Fund General Fundftjf Church unrestricr8d actmties 4.019.22 269.336.15 1282.751.991 Gen8fal Fund Fundlorfhe support of po$Tgr&duate srudenr 4.375.00 14,375.001 Mlth••lFadeyln Fund Fundt¢> be u5edlorour HOPE WWsupporteLI actNtties 3.829 13,829.001 Spe¢l•l HOPE Fund TOTALFUNDS 23.475 393.751 1357294.901 59.931 PR. 19