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||Funding sources............................................................................................................................10|
|---|---|
||Going concern................................................................................................................................11|
|STATEMENT OF TRUSTEES' RESPONSIBILITIES.................................................................................12||
|Independent EXAMINER'S Report to the trustees of Riverside Church Trust..............................13||
||Responsibilities and basis of report...........................................................................................13|
||independent examiner's statement............................................................................................13|
|STATEMENT OF FINANCIAL ACTIVITIES..............................................................................................14||
|For|the year ended 31 August 2025...................................................................................................14|
|Balance Sheet as at 31 August 2025..................................................................................................15||
|Notes to the Financial Statements for the Year Ended 31 August 2025.....................................16||
|1|Accounting Policies...................................................................................................................16|
||(a) Accounting convention.........................................................................................................16|
||(b) Income.....................................................................................................................................16|
||(c)
Resources Expended.........................................................................................................16|
||(d)
Unrestricted Funds............................................................................................................17|
||(e)
Restricted Funds................................................................................................................17|
||(f)
Fixed Assets............................................................................................................................17|
||(g)
Pensions..............................................................................................................................17|
||(h)
Finance and operating leases..........................................................................................17|
||(i)
Impairment of fixed assets..................................................................................................17|
||(j)
Cash and cash equivalents..................................................................................................18|
||(k) Financial instruments............................................................................................................18|
||(I)
Basic financial assets.............................................................................................................18|
||(m)
Basic financial liabilities.....................................................................................................18|
||(n) Employee benefits.................................................................................................................18|
||(o) Post Balance Sheet Events...................................................................................................18|
|2|Analysis of income.....................................................................................................................19|
|3|Analysis of expenditure............................................................................................................21|
|4|Staff Costs..................................................................................................................................21|
|5|Trustees' remuneration and expenses..................................................................................22|
|6|Tangible Fixed Assets...............................................................................................................22|
|7|Debtors....................................................................................................................................23|
|8|Creditors: Amounts falling due within one year.................................................................23|
|9|Obligations and commitments................................................................................................23|
||Capital commitments....................................................................................................................23|
|10|Related party transactions..................................................................................................23|
|---|---|
|11|Taxation.....................................................................................................................................23|
|12|Cash flowStatement...............................................................................................................24|
|13|Unrestricted and Restricted Funds, and Fund Movements.................................................25|
|14|Analysis of net assets between funds....................................................................................25|
|15|Legal status of the charity.......................................................................................................25|
|16|Control.......................................................................................................................................25|
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||Notes|Unrestricted|Restricted|**2024/25**|2023/24|
|---|---|---|---|---|---|
|**Income and endowments**||||||
|Income from generated funds||||||
|Donations and legacies|2|535,427|100,162|**635,590**|912,555|
|Other trading activities||||||
|Income from investments||15,814||**15,814**|12,457|
|Income from charitable activities||51,395|31,235|**82,630**|76,709|
|Other income||72|12,294|**12,366**|11,368|
|Grants Receivable|2||73,050|**73,050**|166,868|
|**Total income and endowments**||602,709|216,742|**819,450**|1,179,957|
|**Expenditure on**||||||
|Charitable activities||(843,586)|(264,248)|**(1,107,835)**|(1,011,658)|
|Governance Costs||||||
|**Total Resources Expended**|3|(843,586)|(264,248)|**(1,107,835)**|(1,011,658)|
|Net income/(expenditure)||(240,878)|(47,507)|**(288,385)**|168,299|
|Transfers between funds||||||
|Net (outgoing)Zincoming resources|11/12|(240,878)|(47,507)|**(288,385)**|168,299|
|Fund balances brought forwards||932,942|172,825|**1,105,767**|937,467|
|Fund balances carried forwards||692,064|125,317|**817,382**|1,105,767|
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|Land|No depreciation|
|---|---|
|Freehold Property|50 years|
|Fixtures and Fittings|15 years|
|Furniture and Office Equipment|5 years|
|Technical Equipment,|4 years|
|Vehicles|5 years|
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|Donations and legacies|Unrestricted|Unrestricted||Restricted||Total|||
|---|---|---|---|---|---|---|---|---|
|||Funds||Funds||2024/25||2023/24|
|||£||£||£||£|
|Donations||446,556||89,262||535,817||813,127|
|HMRC Gift Aid Rebate||88,872||10,901||99,772||99,428|
||£|535,427|£|100,162|£|635,590|£|912,555|
|Grants Receivable|Unrestricted||Restricted|Total||
|---|---|---|---|---|---|
||Funds||Funds|2024/25|2023/24|
||£||_£_|£|£|
|BCC Celebrating Communities|||||2,000|
|BCC Food Provision Top Up Grant|||4,000|4,000||
|BCC Income Maximisation IAG Funding|||||48,276|
|BCC Warm Welcome|||17,000|17,000|2,500|
|BCC Wellbeing Hub Grant|||||3,000|
|BCC Winter Food Aid Fund|||||5,000|
|Deo Gloria Trust Grant|||||1,500|
|E C Oldham Charitable Trust|||||500|
|Edward Cadbury Charitable Trust|||2,000|2,000||
|Evangelical Trust Grant|||1,000|1,000||
|Interserve Country Fund Grant|||2,550|2,550||
|Maydwell Trust|||||250|
|National Lottery Community Fund|||||73,842|
|One Stop Community Partnership Grant|||1,000|1,000||
|Percy Ruoff Charitable Trust|||500|500||
|Trustees of the G E GEE Trust|||45,000|45,000|30,000|
|||-|73,050|73,050|166,868|
|**Analysis of Giving to Others**||**2024/25**|2023/24|
|---|---|---|---|
|||**Total**|Total|
||£|**£**|£|
|**Individuals in the UK**||||
|Lynch Family Mission Trip|1,000|||
|Mike and Rachel Hill|4,404|||
|Discretionary Gifts (under £500)|1,156|||
|||6,560|7,006|
|**Individuals - International**||||
|Emma Thomas|5,927|||
|Steve Jones|2,214|||
|||8,141|10,083|
|**Organizations in the UK**||||
|Interserve|10,390|||
|Cana Trust|3,337|||
|ICY Ministries|5,403|||
|Agape|7,642|||
|The Feast Youth Project|608|||
|Evangelical Alliance|500|||
|Saltmine|990|||
|ChaplaincyPlus|300|||
|Engage West Midlands|3,000|||
|YWAM (C Douglas)|1,000|||
|Tearfund DRC Support|1,000|||
|Love Southport|500|||
|Premier Christian Radio|328|||
|**International Organizations**||34,998|31,872|
|Open Doors|2,214|||
|Operation Mobilisation|2,214|||
|Scriptural Knowledge|5,508|||
|||9,936|9,516|
|||59,635|58,477|
|||||**2024/25**|2023/24|
|---|---|---|---|---|---|
||Direct|Staff Costs|Apportioned|**Total**|Total|
|**General Funds**|£|£|£|**£**|£|
|Pastoral|61,224|319,455|31,947|**412,626**|329,324|
|Generations|28,287||2,374|**30,660**|40,218|
|Academy|60||5|**65**|332|
|Worship Gatherings|42,534||3,570|**46,103**|39,145|
|Facilities|162,969|95,469|21,688|**280,126**|270,924|
|**Designated Funds**||||||
|Community Projects|74,321|10,055||**84,376**|82,921|
|Real Riverside|5,046|||**5,046**|4,715|
|**Restricted Funds**||||||
|Gifts being passed on|4,884|||**4,884**|2,944|
|Money Advice|59,546|62,912||**122,458**|120,012|
|Performing Arts|9,884|56,861||**66,744**|83,046|
|Pineapple Youth Project|1,581|||**1,581**|3,429|
|Interserve|19,901|||**19,901**|7,012|
|Pantry Project|20,840|12,425||**33,264**|27,636|
||**491,075**|**557,176**|**59,584**|**1,107,835**|1,011,658|
##
||**2024/25**|2023/24|
|---|---|---|
||£|£|
|Wages and salaries|484,948|470,635|
|Social security costs|48,641|37,903|
|Pension|23,587|22,435|
||557,176|530,973|
||**2024/25**|2023/24|
|---|---|---|
|Direct charitable work|9|10|
|Administration|4|4|
||13|14|
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||Freehold
Property|Fixtures
and
Fittings|Furniture
and Office
Equipment|Technical
Equipment|Minibus|Total|
|---|---|---|---|---|---|---|
||£|£|£|£|£|£|
|**COST**|||||||
|At 31 August 2024|771,181|41,093|31,658|53,206|17,280|914,419|
|Additions|12,431|6,693|-|4,190|-|23,314|
|Disposals|-|-|-|-|-|-|
|At 31 August 2025|783,613|47,786|31,658|57,396|17,280|937,733|
|**DEPRECIATION**|||||||
|At 31 August 2024|355,030|22,836|17,111|44,277|17,280|456,535|
|Charge for the year|10,060|1,859|5,605|7,247|-|24,771|
|Eliminated on|||||||
|disposal|||||||
|At 31 August 2025|365,090|24,695|22,716|51,524|17,280|481,305|
|**NET BOOK VALUES**|||||||
|At 31 August 2024|416,151|18,257|14,548|8,928|-|457,884|
|At 31 August 2025|418,522|23,091|8,943|5,872|-|456,428|
|||**2024/25**||2023/24|
|---|---|---|---|---|
||**£**||**£**||
|Prepayments||**10,572**||9,094|
|Other debtors||**1,200**||3,113|
|HMRC Gift Aid||**7,581**||7,587|
|||**19,353**||19,794|
##
||**2024/25**|2023/24|
|---|---|---|
||**£**|£|
|Payroll Liabilities - HMRC PAYE|**388’**|8,768|
|Accounts Payable|**21,013**|9,335|
|Governance|**5,500**|8,000|
|Deferred Income|**1,410**|3,858|
|Other|||
||**28,311**|29,961|
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||2024/25|2023/24|
|---|---|---|
||£|£|
|**Cash generated from operating activities:**|||
|_Net cash provided by (used in) operating activities_|**(280,638)**|200,633 Table 1|
|**Cash flows from other sources:**|||
|Interest from investments|**15,814**|12,457|
||**(264,823)**|213,090|
|**Application of cash:**|||
|Purchase of property, plant and equipment|**(23,314)**|(13,485)|
|Purchase of investments||-|
|Repayments of borrowing|||
||**(23,314)**|(13,485)|
|**Net increase/(decrease) in cash:**|**(288,138)**|199,605|
|Cash at bank and in hand less overdrafts at the beginning of the yea|**658,049**|458,443 Table 2|
|**Cash at bank and in hand less overdrafts at end of the year**|**369,911**|658,049|
|**Table 1: Reconciliation of net income/(expenditure) to net cash**|||
|**flow from operating activities**|||
||**2024/25**|2023/24|
||**£**|£|
|Net income/(expenditure) (per the statement of financial activities)|**(288,385)**|168,299|
|Adjustments for:|||
|Depreciation charges|**24,771**|35,014|
|Interest from investments|**(15,814)**|(12,457)|
|Loss/(profit) on the sale of fixed assets||**-**|
|(lncrease)/decrease in debtors|**441**|4,291|
|lncrease/(decrease) in creditors|**(1,650)**|5,486|
|Net cash provided by (used in) operating activities|**(280,638)**|**200,633**|
|**Table 2: Analysis of cash at bank and in hand less overdrafts**|||
||**2024/25**|2023/24|
||**£**|£|
|Cash at bank and in hand at the beginning of the year|**658,049**|458,443|
|Overdrafts included in bank loans and overdrafts falling due within|||
|one year|**-**|**-**|
||**658,049**|458,443|
##
||At 31 August 2024|At 31 August 2024|Movements in funds **At 31 August 2025**|Movements in funds **At 31 August 2025**|
|---|---|---|---|---|
|||£|£|**£**|
|**General Funds**||429,550|(201,882)|**227,669**|
|**Designated Funds**||503,392|(38,996)|**464,396**|
|||932,942|(240,878)|**692,065**|
|**Restricted Funds**|At 31|August 2024|Movements in funds **At **|**31 August 2025**|
|||£|**£**|**£**|
|Riverside Money Advice||100,671|(45,530)|**55,141**|
|Free advice service|||||
|Riverside Performing Arts||43,156|(19,046)|**24,111**|
|Christian drama group|||||
|Pineapple Youth Project||3,073|(1,172)|**1,900**|
|Youth work on the Pineapple|Estate||||
|Restricted Funds||3,093|9,270|**12,363**|
|Small gifts to missionaries|||||
|Riverside Pantry||22,832|8,970|**31,802**|
|Food pantry service|||||
|||172,825|(47,507)|125,318|
|Total||1,105,767|(288,385)|**817,383**|
##
||Unrestricted|Restricted||
|---|---|---|---|
||funds|Funds|Total|
||£|£|£|
|Fixed Assets|456,428|0|**456,428**|
|Other net||||
|assets|14,152|5,200|**19,353**|
|Cash|239,908|130,004|**369,912**|
|Liabilities|(18,424)|(9,887)|**(28,311)**|
||**692,064**|**125,318**|**817,382**|
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