REGISTERED COMPANY NUMBER: 115106763 (England and Wales) REGISTERED CHARITY IYUMBER: 1105015 Report of the Trustees and Flnanelal Statements for the Year Ended 31st Mareh 2025 for ALL NATIONS Johns Jones & Lo Limited Chartered AccountanLq & Registered Auditors 16 Lambourne Crcsccnt Cardiff Business Park Llanishcn Cardiff CF14 5GF
ALL NATIONS Contents of the fi inanelvdl Sta¢em¢ntg FOR THE YEAR ENDED 31ST MARCH 2025 Page Report of the Trustees Trllstees, Responsibility Statement Report of the Independent Audltors 8 to 10 Consolldated Statement of Fln*n¢lal Aetlvltles Consolldated Balance Sheet 12 to 13 Balance Sheet- Charlty Only 14 to 15 Consolldated Cash Flow Statement 16 Notes to the Flnanelal StatemeDt$ 17 to 32
ALL NATIONS Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, presenl their annual trustees report together with the consolidated financial statements of the charity and its subsidiary for the year ending 3 1st March 2025. The financial statements have been prepared under the Charities Act 2011, the Cornpanies Act 2006 and the Mcmorandum and Articles of Association. The trustees have adoptcd thc provisions of Accounting and Reporting by Charities.. Statement of RccommendLd Practice applicable to charitics prcparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2019). OBJECTIVE.S AND ACTIVITIES Objeetlves and aims All Nations is a registered charity in England and Wales, established to advance the Christian faith and help those experiencing hardship. The Charitable purpo%cs of thc organisalion are: Thc advancement of the Christian faith Charitable mi55ionary work within the United Kingdom and wurldwid Rclicf for pcoplc who arc in conditions ot n¢¢d or hardship or who are aged or sick To providc and fulfil such olhcr charilablc purposes as the Irustccs may from time to time think fit Slgnifieant aetlvltles Thc charity is activcly cngagcd in the promolion of thc Christian Gospel, in the UK and throughout thc world. and helping those in ncLd. This 15 prirnarily achicvcd through activities thal &irc run through the local church for thc church mcmbcr8 and thc wider community. Public beneflt The charity has achicvLd it% aim of advancing thc gospcl through ils evangclism programmc and by thc trdining Lind teaching of. church mLmber&>, by the provision of activitics for all agcs and its involvemcnt in community progTamrne5. This hay been to thc bcncfit of its members and thc widcr community. All Nations Ccntrc is a place whcrc th¢ church members can gathcr and whcrc church and community activities can takc placc. Thc church building is opcn on a daily basis for thosc in nccd of 5UPPOrt. Youth and student evcnls havc bL¢n h¢ld as well as a numbcr of community social evLnls, all of which ar¢ opcn to th¢ wider community. The trustees havc paid due regard to guidanc¢ issucd by the Charity Commission in dcciding what activitics the charity should und¢rtakc and support. Wcckly Sunday services have been ¢onducl¢d ai All Nation8 Centre and marriage and funeral services. Events are held on a regular basis for the bencfit of thc community, these include childrcn and youth groups, mcclings for Ihe elderly and events for studcnts as well as for the wholc family. A number of initiatives have been run which se¢k to help thosc in nccd in the immcdiatc vicinity. Groups meet in homcs across the city for the benefit of the church members and the wholc comlnunity. Food and support arc providcd where requircd as wcll as and Iriend%hip. Thc charity ha5 achicved its aim to provide asblStance for thosc in nccd. both in thc local community and further afield by supporting thosc in need financially and providing food, clothing and ¢quipment as requircd. Events have b¢¢n held to raise ndS for local and national chariti¢s, and many members of the church family have participated. Support has also been provided to patients and famili¢s in the University Hospital of Wales, especially the families of young children and those who have been bereaved. Gifts havc b¢en provided at Christmas and Easter for children in hospital during those seasons. In summary, community is at the heart of all the aclivilies and events of the charity, and it has been able to fulfil its public requirement completely. Page I
ALL NATIONS Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2025 OBJECTIVES AND AcfiviTIES Volunteers Volunteers are used to help achieve the aims and objectives of the charity but not to generate income. This will include children, youth and community workers who will run events, courses and provide ongoing support. Page 2
ALL NATIONS Report of the Tru$tee$ FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT AchieveTnent and performance Charitable activities Charitable activities undertaken during financial year l April 2024 to 31 March 2025. Chri%tian8' A ainsl Poveri CAP In partncrship with CAP r(In a debt centre to provide free accredited debt advice for those in Cardiff West Provided hampers and gifts for new clients and al Chrislmas Mel practical needs of clients Supported client5 through their journey out of debi Childrcn's, work Provided weekly programme5 for the church family and the community, these included Sunday morning sessions and mid-week groups tor childrcn of all agcs Ran a weekly mother and toddlers, group callcd Supcrqlars to help and support mums in the community Hnsted half lerni clubs for children in thc community Hcld Easter and Christma parties and various lun days Charitable donations Donations to other Charitie, in particular Ministrics Without Borders Participatcd in the Samaritan's Pur&>e Shoe box appcal providing gifts for children across Ihc world and use of church building as a processing centre Safc Families in South Walcs, providcd donation to help with thc work of Ihc charity Open Doors, providcd 8upportcd f()r thc ongoing work of-the charity Conimunit Grou Ran Small gruups across the city. These were for all agc8 and nationalities and were available for anyone to join. They included biblical, practical, and social activitiL's. Provided training and support for thc small group leaders Providcd carc for Ihosc in thc Lhurch, in the comrnunily or visiting through the %mall groups programme Ran an English-spcaking class to hclp Ihosc in the community whose lirsl languagc is not English Evdn Llisin Flcld various cvangelistic events through the small groups Ran Alpha programme5 Cclcbratcd mothcrs and fath¢r's days Held weekly mcLtings with thc Spanish community I Icld wcckly mLLting8 f()r the Tamil speaking community Ho8tcd a YW AM team from Bra/.il Josc h fund Supported those in need in the community through the provision of whitc good8, help with bills. food packagcs and donations Little Smarties Worked with local social scrvices lo provide equipment and Clothing for n¢w babi¢s for mums in n¢¢d in th¢ ommunity and for asylum scckcrs Ovcr cas su ort Aidcd with work in several overseas countries Philippin¢s - support for children to attend school and funding for a building project Val¢ncia - support following flooding Poor & Ii¢cd Provid¢d support to several poor & needy in the church family Aid¢d with needy families in the community Pag¢ 3
ALL NATIONS Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2025 Provid¢d help and support to asylum s¢¢k¢rs SludLllts woi'k Provided weekly groups for students Provided care and support for students Provide guidance and support for students during their academic year Provided food hampers for students in need Supported studcnts to dllLnd nalional ¥ludeiil coiifereiices Youih work Ran weekly youth meeting8 for youih in the church and wider community Supported ihc youth to attend national youth confcrcnces Flnanclal review Prlnelpal fundln% sourees Thc charity is funded primarily from donalions from chur¢h membcrs. In addition. gift aid is claimed on all relcvant donations. Gift aid donations are also made by Kairoi4 Vcnturcs Limited the charity's wholly owned subsidiary. Reserves polley The trustccs of the charity in accordance with good accounting practice and profc52>ionalism arc developing the reserves policy. Thi8 is in line with thc commitment lo adhere to thc principlcs, practiccs and rccommcndalions of Accounting and Rcporting by Charities.. Staterncnt of Recommcnded Practicc (cffcctive l January 2019). Th¢ r¢bcrv¢ policy outlinc8: Thc rcason why thc charity needs rclicrvcs. Underpinning of long lerni commitments. What arrangemcnls lor rnonitoring and reviewing thc policy will bc in place. What Ihc Icvel of rescrvcs the truslecs bclicve the charity nccds. What mcasurcs the charity is going to takc to maintain rcscrvcs at the agrecd Icvcl. There are a numbcr of rea¥ons why the charity may require rcscrvcs: To support pcrsonncl to furthcr thc work of thc charity. To maintain and cxpand currenl facilitics as dccmcd n¢ccssary. To fund initiatives which mcct the objcGtives of the charity, in particular publishing and mcdia projects. All Nations Church will cnsurc that at all times there arc sufficient unrestricl¢d reserves cquivalent to 3 limes its monthly salary and support costs. The charity's free unrcslricted reswves totalled £926,791 as at 31 March 2025. (2024: £888,103) Colng concern Ai the time of approving thc financial statcmcnts, the truslecq havc a reasonablc cxpcctalion that the group and the charity have adcquatc rcsources to continue in opcrational existencc for thc fores¢¢ablc future as thc charily's funding continues. Pag¢ 4
ALL NATIONS Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2025 STRA TEGIC REPORT Princlpal rlsk5 and uncertAinties The trustees have a duty to identify and review the risks to which th¢ charity is cxpo&ed and to ensure appropriate ontrols are in plac¢ to PTovide re¢i¥onable assurance against fraud and crror. Thc trustccs of thc charity are continually developing thc sy¥tem of il¥bessing on a regular basis the Major risks to which thc charity is cxposed. The examination covers thL major slrategic, business and operational risks which thc charity taccs. The rcporting system so established enables rcgular reports bcing produced so that any necessary step can be takcn lo miligatc cxposure to these risks. These pruLcdurc% are pcriodically reviewed to ensure that they still mecl the nccd% of the charity. The risk management strategy comprisc8: An annual review of the risks the charity mily face. Thc m(Initi)ring of systems and procedurcs to mitigalc those risks idcntified in the plan Thc continual implementation of. thc proccdurcs designed to minimise any potential impact on Ihc charity lihould those risks mdtcrialisc. The trustCC8 have cxamincd the major stratCBlC, business and opcrational ri8ks which the charity faccs and confirni that systcms that have been ¢slabli%hcd ta Lnable regular rLports lo be produced so that thL nLccssary steps can bc takcn to Ic%8cn thcsc ri4ks. Thcsc proc¢durcs are revicwcd and updated to miligatc any known ri.sks, Procedures arc in place lo minimisc financial risks. Tn connection with working with children and vulncrabl¢ adults, all such workcrs undcrgo a mandatory DBS chcLk. Future plans Prior lo cach financial year a budgel is agrccd which identifiL'S thc cxpcctcd income togethcr with kcy arca% of cxpcnditurc. After allowing f()r %upport and govcrnanLC C08t¥ the intention is to distributc the rernaining incomc in accordancc with the aims and objectives ot thc Charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Thc charity is conlrollcd by its governing documcnl, a dced of trust, and constitutes & limitcd company, limilcd by guarantee, as dcfincd by the Companics ALI 2006. For thc purposcs of company law, thc Irustees are also dccmcd as directors of Ihc undcrlaking. Re¢rnltment and appolntment of new trustees Trustees are appointed in conjunction with th¢ ¢lders of All Nations Church and the other Irustccs. Organlsatlonvdl structure Thcre is an apostlc who ha5 oversight of the church. Elders arc appointcd by him and in conjunction with the other elders and mcmbLrs of the church. The elders work alongsidc ihc apostle and have a particular area of responsibility. Thc elders havc ov¢rsighi of the members of the church and work with the trustees to ensure that the aims and objectives arc mcl. Inductlon and tralnlng of new trustees There is no fomial induction training, trnstccs are always members ot All nations Church and $0 arc awarc of the goals and aims of the charity. Their roles and responsibilities arc communicatLd verbally and through the use of infomiation from the Charity Commission. Key manaEement rcmuneration Remun¢ration of key management, including ministry support is set by a Remuner&tion Committee and rcviewed annually. taking account Df the Charity's expcctcd income and prevailing inflation rate. Wider network All nations Church 16 th¢ holding company of a trading subsidiary nam¢d Kairos V¢ntur¢s Limited, the principal activlty of which is th¢ hiring and managing of confercncc facilities. Pag¢ 5
ALL NATIONS Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2025 REFERbNCE AND ADMINIST114TIVE DETAItS ClIMrily Natiie All Nation Reglstered Company number 05106763 (England and Wales) Registered Charity number 1105015 Reglstered office All Natiuns Ccntre Sachville Avenue Heath Cardiff Wales CF14 3NY Trustees Mrs D Aubrcy {appoint¢d 29.5.2024} M K Clemo T P Erlcnbach A TGUY Prlnclpal Bankers Barclays Bank plc 2 Windsor Road Penarth CF64 IYL Audltors Johns Joncs & Lo Limited Chartcrcd Accountants & Registered Auditor5 16 Lambournc Crescent Cardiff Tlusiness Park Llanishen Cardiff CF14 5GF AUDITORS Thc auditors, Johns Jones & Lo Limited, will be proposed for rc-appointment at the forthcoming Annual Gencral Mccting. RcryTrrt of thc Irusl¢es, Incoor&I1ng a slralegic rcport. approved by order of thc board of trustees, as the company dircctors, on .......... and signed on the board's behalf by: M Clemo- Trustee Page 6
ALL NATIONS Trustees, Responsibllity Statement FOR THE YEAR ENDED 31ST MARCH 2025 The trustees (who are also the directors of ALL NATIONS for the purposes of company law) are responsible for preparing the Report of thc Trustccs and thc financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acccptcd Accounting Practicc). Company law requires thc trustees to prepare financial statcmcnts for cach financidl yeaT which give a truc and fair vi¢w of the state of aftairs of the chItable company and of thc incoTning Tesources and application of rc4ouTCCS, including thc incornc and Lxpcnditure, ot. thc charitable company for that peTiod. In preparing those financial statcments, thc trustccs arL requircd to select suilablc accounting policics and thcn apply thctn consistently. observc ihL mLthods and principle5 in the Charily SORP. makc judgcmcnt% and et>timate& that are Teasonable and prudent. tatc whcther applicable accounting standards have been followed, subject to any material deparmres disclosed and explained in the financial statements. prcparc the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. Thc trustces are rcsponsible for keeping proper accounting rccords which disclosc with rea.sonablc accuracy at any time the financial position of the charitable company and to cnablc thcm to ensure that the financial statements comply with the Companics Act 2006. Thcy are also responsible for safegyuarding the asscts of thc charitablc company and hcncc for taking rca80nabl¢ stcps for the prevention and detection of fraud and other irrcgularitics. In 80 far a$ thc tNstees are aware.. there is no relevant audit inforniation of which thc charitable company'8 audilors are unaware. and thc trustcc8 have taken all steps thal they ought to have takcn tn make themselves aware of any relevant audit inforniation and to cslablish that the auditory are aware of that information. Page 7
Report of the Independent Auditor5 to the Trusttts of ALL NATIONS Opinion We have audited the financial statements of ALL NATIONS (the 'parent chaTlty') for the year ended 31 st March 2025 which comprise the consolidated Statement of Financial Activities, the consolidated and parent Balance Sheet, the consolidated Cash F low StatemLlIt and notcs to the financial statements, including a summary of significant accounting policies. The findncial rL'purling framvwork Ili<il lids bvL'II dl)iJIiLd iIi iIiLiI pi¥puiuIIuii ib dyvli¥4ible law aiid Uiiited Kingdom Accounting Standards, including Financial Reporting Standard 102 (United Kingdom Gerjerally Accepted Accounting Practice). In our opinion the financial statements- givc a truc and fair view of the state of Ihc grvup's and parent charitable company'¥ affairs as at 31 st March 2025 and of the groups incoming resouTCL% Éind application of resources, including it% incomc and expenditure, for the ycar thcn cnded. h&lVC bccn propcrly prepared in accordance with Unitcd Kingdom Generally Accepted Accuunting Practice. and have bccn prcparcd in accordance with the requiremcnt8 ol- Ihc Companies Act 2006. Basis for opinion We conducted our <iudil in accordancc with International 8tandard8 on Auditing (UK) (ISAS (UK)) and applicliblc law. Our responsibilities undcr thosc standards are fiirther described in Ihc Auditors, responsibilities for the audit of the financial statemcnts section of our rL'POrt. Wc are indLycndent of the group tind parcnt charitable company in accordancc with the cthical requirements thtit arc rclcvant to our audit of thc financial statcmcnts in the UK, including thc FRC'S b.thical Standard. and we have fulfilled our other ethical responsibilities in accordance with these rcquircments. Wc bclicvc that th¢ audit cvidcncc we have obtaincd is sufficicnl and appropriate provide a basis for our opinion. Conclusions relatlng to golng concern In audiling Ihc financial siatcments, wc havc concluded that thc trustccs, usc of the going conccrn basis of accounling in Ihc prcparation of the financial slatements is appropriatc. Ba%Ld on thc work wc have perfonncd. wc have not idcntificd any material uncertainiics relating lo evLnl$ or conditions that, individually or collcctively. may cast significant doubt on thc charithble compdny's ability to conlinuc as a going conccrn for a period ofat Icasl twelve months from when the financial statcments are authoriscd lor issue. Our rc8ponsibililics and the rcspun8ibilitics of the truxtccs with rcspect to going conccm are describcd in thc relevant 8CCtions of this r¢port. Other Informallon Th¢ trustees are responsiblc for Ihe other inforn]ation. The other infomiation comprises thc infornialion included in the Annual R¢porL oihcr than thc financial slatements and our Rcport of the Indepcndcnt Auditors Ihcrcon, Our opinion on the financial sthtements docs not cover the oth¢r inforniation and, except to the extent oth¢rwise explicitly stated in our report, we do not express any forni of assurance conclusion thcrcon, In conncction with our audit of the financidl statcmcnts, our responsibility IS to read the othLr inforn]ation and, in doing so, considLr whcthcr the other infomation is materially inconsislcnl with the financial statemen15 or our knowledge obiaincd in thc audil or otherwise appears lo bc matcrially rni$8tated. If we identlfy such matcrial inconsistencies or apparent matcrial mi88tatcments, we are required to detemiinc whcthcr this gives rise lo a malcrial misslalcmcnt in the financial statements Ih¢m%clvc8. If, based on the work we have performcd, wc conclude that there is a matcrial misstatement of this other inforniation, wc arc required to report that fact. We have nothing to report in this regard. Matters on which we Are required to report by exception We have. nothin¥ lo rc.pon in re..spe.c.t nf the, fnllnwing Malle, whp.re, the, C.haritir,8 (Accoiinl,8 and ReporL%) Rcgulalions 2008 requires us to report to you if, in our opinion- the inforniation given in thc R¢port of the Trustees is inconsistent in any matcrial respect with the flnancial slatements. or thc charitable company has not kept adcquatc accounting records: or thc financial statcmenls are not in agreement with thc accounting records and r¢tUrns- or we have not received all th¢ infonnation and explanations we require for our audit. Pag¢ 8
Report of the Independent Auditors to the Trustee5 of ALL NATIONS Responsibilities of trustees As explained more fully in the Tru5tees' Responsibilities Statement, the trustees (who are also ihe directors of the charitable company for the purposes of company law) are respoT]8ible for thc prepaTation of the financial statements and for being satisfied that thcy give a true and fair view, and for such intcrnal control as thc tru.8tees deterniine is necessary to enable the preparation of financial statements that are free from matcrial misstatcmLnt, whether due to fraud or eOr. In preparing the finanLldl stdtcmcnts. the trnstees are responsiblc for as.4L%%ing the group and parent charitable company's ability to continue as a going concern, disclosing. ds appliciible, rn&itters related to going concern and using the going concLrn basis of accounting unless the trustccs cither intend to liquidate the charitable company or to ccasc opcrations. or havc no rcalistic alternative but to do so. Our responslbllities for the v4udit of the finY4ncial statements Wc hilvc bccn ¢ippointed as auditors under Section 144 of the Charities Act 201 l and report in accordance with ihc Act and rclcvant regulations made or having cffccl thcrcundcr. Our objcclivcs are to obtain reasonable assurancc about whether the financial statements as a whole are frec from matcrial misstatement. whether due lo fraud or LOr, and to issue a Report of the Independent Auditors that includcs our opinion. Reasonable assurancc is a high level of assurance, bul is not a guarantcc that an audit conducied in aLLordancc with ISAS (UK) will always detect a matcrial mi%stalcment when it cxists. Mi%%tatement5 can arisc from fraud or crror and are considcrcd rnalerial il., individually or in Ihc aLgrcgatc, thcy could r¢asonably be ¢xpcclcd to inllucncc thc cLonomic decisions of uscrs taken on thc basis of thcse findncial statemcnts. The cxtcnt to which our proccdurcs arc capable of dctccting irregularities, including fraud is detailed below: Irrcgularities, including fraud, are in8tanccs of non-cnmpliance with laws and rcgulations. We design proccdurc.% in line with our rcsponsibilitiC5, Outlined abuvc, lo dctcct material misstatcmcnLs in rc4pect of irrcgularilic$, including fraud. Wc obtain and update Dur undcrstandingi of thc cnlity, its activitie.4, it¥ control cnvironmLnt, and likely future dcvclopmcnLs. including mattcrs in rclation to Ihc Icgal and regulatory fram¢work appliLable and how thc cntily is complying with that framcwork. Baiyed OTJ this undcrstanding, we idcnti(y and asscs4 thL ri.sks of material misstatcrncnt of the findncial statcmcnls. whcther duc to fraud or Lrror, design and pcrfomi audit procedures rcsponsivc to thosc risky, and obtain audit cvidcnce that is Su1c1CnI and appropriate to provide a bÈlSity for our opinion. The specific proccdurcs for this cngagcmcnt and the exlcnt to which thcsc are capablc of dctccting irrcgularities, including fraud is dctailcd below.. Enquiry of managcmcnt and thosc chargcd with gov¢'rnan¢c around actual and potential litigation and claims as well as a(al, suspected and allcgcd fraud. Perforniing audit work over the risk of management ovcrridc of contml8, including testing of journal cntric8 and other adjustmcnls for appropriatencss, cvaluating the rationalc of 8ignificant transactions outsidc thL n()rnial course of charily activities and reviewing accounting estimates for bias. Rcviewing financial 4tatLment disclosures and testing to supporting documentation lo assess compliance with applicable laws and rcgulation8. Reviewing minulcs of mcelings of those charged with govcrnancL" and -Asscssing thc cxl¢nt of compliance with the law5 and rcguldtions considered to have a direct material effect on the financial 8tatcments or the operations ot the entily through enquiry and inspection. Due to the inherent limitations of ttn audil, there is a risk that we will not dctcct all irrcgularitics, including those leading to a material misstatcment in the financial statements or non-compliancc with r¢gTulation. This risk increases the more that complianc¢ with a law or regulation is removcd from thc cvcnts And transactions reflected in the financial slalemcnts. as wc will be less likely to become awarc of instanccs of non-compliance. The risk is also greater regarding irregularitics occurring due to fraud rather than Crror. Rs fraud involves intentional concealment. forgery. collusion. omission or misrepresentation. A rther description of our r¢sponsibilities for th¢ audit of the financial stat¢ment5 is located on the Financial Reporting Council's webslte at www.frc.org.uklauditor5responsibilities. This description forms part of our Report of the Indcpendent Auditors. Page 9
Report of the Independent Auditors to the Trustees of ALL NATIONS Use of our report This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might stste to the charitable comp&ny'3 trustccg thoso mottev we are required to state to them in an auditors, report and for no other purpose. To the. fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charitable company d the charitable company's trustees as a body, for Qui. audit work, for this report, or for the opinions we have fonned. LLLL•d L L Uohns Joncs & Lo Imil'cd Charlci'cd Accvuiitants & Registered Auditors Eligiblc to act as ¢in auditor in ternis of SectioTJ 1212 of th¢ Companies Act 2006 16 Lambourne Crescent Cardiff Business Park Llanishcn Cardiff CF145GF i. iQ.Z)" Page 10
ALL NATIONS Con$olidYdted Statement of Flnanefial Actlvities FOR THE YEAR ENDED 31ST MARCH 2025 2025 Total funds 2024 Total runds Unrestricted Funds Restricted Notes INCOME AND ENDOWMENTS FROM Donations and legacies 750,542 750,542 782,378 Charitable ¥4¢tivltles Other charitable activities 42,111 54,709 96,820 96,025 Other trading activitics 540,123 540,123 736,464 Total 1,332,776 54,709 1,387,485 1,614,1168 EXPENDITURE ON Raising funds 412,945 412,945 456,400 Charltable 2Ctlvlties Charitablc activities 951,483 150,176 1,101,659 1,174,957 Corporation Tax (772) (772) 1,737 Total 1,363,656 150 176 1.513.832 1,633,094 NET INCOME/(EXPENDJTURE) (30,880) (95,467) (126,347) (18,226) Transfers betwccn funds RECONCILIATION OF FUNDS Total funds brought forward 1,911,280 2,165,523 4,076.803 4,095,029 TOTAL FUNDS CARRIED FORWARD 1880 400 2 070 056 3 950 456 4 076 803 Th¢ notes fonn part of these financial statements Pagcll
ALL NATIONS consolidat Balance Sheet 31ST MARCH 2025 2025 Total funds 2024 Totsl funds Unrestricted funds Restricted funds N(Iles FIXED ASSETS Tangible assets 12 762 775 2,053,586 2,816 361 2,913,862 762,775 2,053,586 2,816,361 2,913,862 CURRLNT ASSETS Debtors Stock Cash at bank 15 67,679 2,265 1 131316 67,679 2,265 1,153 786 135,115 689 1 139.074 16,470 1,207,260 16,470 1,223,730 1,274,1178 C.RF,nlTnRS Amounts falling due within onL ycar 16 (83,583) (83,583) (105,113) NE'fcuRRENT ASSETS 1.123.677 1 140 147 1 169,765 TOTAL ASSETS LESS CURREIYT LIAEIII,ITIES 1,886,452 2,070,056 3,956,508 4,083,627 Provlsions for Ilabllltle (6.052) (6,052) (6,824) NET ASSETS 1880 400 2 070 056 3 950 456 4 07() 803 FUNDS Unrcslricled funds Rcstrictcd funds 19 1,8RO,400 2 070 056 ,911,280 2 165 523 TOTAL FUNDS 3 950 456 4 076 803 Thc charitable company is ¢ntitlcd to exemption from audit under Section 477 of the Companies Act 2006 for th¢ year ended 31st March 2025. Thc mcmbcrs havc not depositcd noticc, pursuant lo Seetion 476 of the Companie.9 Act 2006 rcquiring an audit of thcsc financial statements. The tru8tees acknowledg¢ their responsibilitics for (a) ensuring that the charitablc company keeps accounting record5 that comply with Sections 386 and 387 of the Companics Act 2006 and preparing financial statement5 which give a true and fair view of the state of affairs of the charitabl¢ company as at thc end of each financial year and of its surplus or deficit for ¢a¢h financial year in accordance with the requirements of S¢¢tions 394 and 395 and which otherwise comply with the requirement5 of the Compani¢s Act 2006 relating to financial stat¢m¢nls, so far as applicable to the charitable company. (b) Th¢s¢ financial statements have been audited und¢r th¢ r¢quirements of Section 145 of the Charities Act 2011. P&gTV I I The notes forni part of these financial statements
ALL NATIONS Consolidated Balance Sheet 31ST MARCH 2025 The fil ancial sl'alements werc approved by the Board of Trustees and authoriscd for issuc on 2¥ . and wcre signed on its half b.'y: M Cicmo - Trustrf- Erlcnbach - Trnstee Page 13 The notes forni part of these financial statements
ALL NATIONS Balance Sheet- Chydrity Only 31ST MARCH 2025 2025 Total nds 2024 Total funds Unrestricted fiLnds Restricted runds Notcs FIXED ASSETS Tangible assets Tnvestments 12 13 599.834 102 2,053,586 2,653,420 102 2,727,690 102 599,936 2,053,586 2.653,522 2,727,792 CURRENT A.SSETS Dcbtors Cash at bank 15 48.786 986 390 411,786 1047 853 42,680 1,0211.195 1,035,176 61,463 1,096.639 1,070,875 CREDITORS Amounts falling due within onc year 16 {32,647) (32,647) (32,915) NET CURKENT ASSETS 1.002 529 1063 992 1,037 960 TOTAL ASSETS LF.8S CURRENT LIABII,ITIES 1,602,465 2,115,049 3,717,514 3,765,752 NET ASSETS 1.602.465 2 115 041) 3717514 3 765.752 FUNDS Unrcstricted fund Rcstrictcd funds 1,647,458 2 070 056 1,600,229 2 165 523 TOTAL FUNDS 3717514 3 765 752 Thc Lharitablc company is entitled to exemption from audit undcr Section 477 of thc Companie5 Art 2006 for thc ycar cndcd 3 1st March 2025. The members havc not depositcd notice, pursuant to Scction 476 of the Companics Act 2006 rcquiring an audit of these finaneial statcments. Thc tni8tees acknowledge their rcspL)n8ibilitie8 for (a) ensuring that the charitahlc company keeps accounting records that comply with Sections 386 and 3147 of the Companies Act 2006 and preparing financial statcrncnts which give a 1C and fair view of Ihc 5tatc of affairs of thc charitable company as at thc cnd of each financial year and of its surplus or deficit for cach financial year in accordancc with the requirements of Scctions 394 and 395 and which othcnvisc comply with the r¢quirem¢nts of thc Companics Acl 2006 relating to financial statetnentS, so far as applicable to th¢ charitable company. (b) These financial statements hav¢ b¢en audited under the requirements of Section 145 of the Charities Act 2011. The notes forni part of these financial statements
ALL NATIONS Balanee Sheet- Charity Only 31ST MARCH 2025 Th¢ financial slaternents wcre approved by the Board of Trustees and auth0ri5ed for issue on . and WCTe signed on its behalf by: M Clcmo - Trustee T Erlcnbach - Trustee P<i£e 15 The notes forn] part of thes¢ financial statements
ALL NATIONS Cash Flow Stgdtement- Consolidated FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Cash flows from operating activities C&sh generated ftom opeTations Net cash provided by operating activities 35.602 70,572 Cash flows from Investlng activitles Purchase of tangible fixed assets 20.890) Net cash (used in)Iprovided by inv¢5ting activities 20,890) Chydnge In cash Ydnd cash equlvglents In the reportlng perlod C85h and ¢a5h equlvalent5 at the beglnnlng of the reportlng perlod 14,712 61,360 ,139,074 ,077,714 Cash and cash equlvalents at the end of the reportlng perlDd 1,153,786 1,139,074 RECONCII,IATION OF LYET INCOMEIEXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Nct cxpcnditure for thc rcporting period (126,347) (18,226) Cash flows from Investlng VdCtlvltle$: Dcprcciation charges and impairmcnl (Increase)Idccrcasc in stocks (JncrL'asc)/dccrcasc in debtor.s Jncrcascl(dccrcase) in crcditors Increasel(dccrcasc) in Provisions Net Cash provlded byl(used In) operatlng aellviiles 118,391 (1,576) 67,436 (21,530) 114,581 2.788 (27,083) {3,224) 734 572 Anal sls of sh find Cash E ulvalcnls Ca8h in hand Total Cash and Cash EqulvAlents 1 15.3786 1 153 786 1 139074 1139 074 AsatlA ril 2024 ash Flow5 As l March 2025 Cash 1 139074 1153 786 Pi)%e l (I The not¢s forni part of these financial statements
ALL NATIONS Notes to the Finaneial Statements FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Basis of preparlng the flnaneial statements The financial gtatements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 l January 2019),, Finiincial Reporting Standard 102 'The Financial Rcporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. The financial statements are prepared in sterling, which is the functional currency of the charily. Mon¢tary amount in thcsc financial slatemcnts are roundcd to the nearest £. Group financlal statements The financial slalcmcnls consolidate the results of the charity and its wholly owned subsidiary Kairos Ventures Limited on a line by linc basis. A scparale Statement of Financial Activitie8 and Income and Expcndilure Account for thc charity has not been preseni¢d as ihe charity has takL'n advantage of the excmption affordcd by section 408 of the Companies Act 2006. Crltleal aeeounllng Judgements and key sources of estlmatlon uncertalnty Preparation of thc financial statements rcquircs mÉinagcmcnt to make significant judgcmcnts, Cstimatcs and assumplions that affcct the amounts rcporlcd for as%Cts and liabilities as at the statcmcnl of financial position dalc and thc amount8 reportcd for rcvcnuc8 and cxpenses during the pcriod. Howcvcr, thc nattlrc of cytimalinn mcans that actual outcomcs could diffcr from those eslimalcs. Income All income is rccogniscd in Ihc Statement of Pinancial Activitic4 oncc the charity has entitlement to the funds, it is probablc Ihat thc inLome will be receivcd, and thL amount can be measured reliably. Rcntal Incomc is recogT]ised in thc pcriod to which the servicc has bccn providcd. Inlcrcst on funds is recogniscd whcn rcccivablc and the amount can be mcasurcd rcliably by thc charity. Expenditure Liabilities are rccogniscd as expenditure as soon as Ihcre is a Icgal or constructive obligation commilling thc harity lo that expendilurc, it is probablc that a Irdnsfcr of cconomic bcnefils will bc rcquircd in settlement and Ihc amount of thc obligation can bc mcasurcd rL.liably. F.xpenditure is accounl¢d for on an accruals basis and has bccn ¢las8ified under hcadings that aggregate all Cost lated to ih¢ calcgory. Expenditure is classified under the following hcadings Chariiable cx endilurc Comprisc of thos¢ cosls incurrcd by the charity in the delivery of its activities and services for its ben¢ficiaries. It includes both co.%Ls that can be allocated dircclly to such activities and those costs of an indirect nalure necessary to support them. Governance costs Costs associatcd with m¢¢ling the constitutional and statutory requirements of the charity and include audit fees and costs link¢d to the strategic management of the charity. All costs are allocat¢d b¢tw¢¢n th¢ ¢XP¢Dditt¢ ¢at¢gori¢s of the SOFA on a basis designed to reflect th¢ use of th¢ r¢sour¢¢. Cos15 relating to a particular activity are allocatcd dircctly. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consisten¢ with the use of resources. Irrecoverable V AT is charged as a cost against the activity for which the expenditure was incurred. Pa41¢ 17 The not¢s forni part of these financial statements
ALL NATIONS Iyotes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES - continued Taiigibl¥ flxed &&sets Depreciation is provided at the following annual rates in order to write ofy each asset over its estimated useful life. Land and buildings Improvemcnts to Icasehold Plant and machinery Fixture4 kmd fittings Motor vehicles Computer equipment -2 % Straight line -1 00/0 and 25 % Rcducing balance -25 % Reducing balance -250/0 Rcducing balancc -25 1 Rcducing balancc Tangiblc fixed asscls are dcprccialcd over th¢ir uscful cconomic lives taking into account residual values, whcrc appropriiltc. Managemcnt rcgularly rcviews the assets, useful cconomic lives. Changes in assct4' uscful cconomic lives can havc a %ixnifiLant impact on deprcci(Ition for the period. Residual valuc asscssments Lonsidcr issucs such as futurc market conditions. Ihc r¢maining lifc of the asbet and projccled disposal valucs. All Nationy Church defines a fixcd assct as a purcha%c or gift which providcs ongoing bcncfit to ihc charity whcrc thc purchase pricc, including non-rec()vcriiblc VA T, exceeds £ 1.000 and item4 bclow this value %hould be treated a% an cxpcnse. Taxatlon Thc charity is exempt frorn corporation tax on itti charitable activitlC8. The 8ub%idiary undertaking pay8 8landard ratc tax on profits remaining fL)Ilowing thc payment of gift aid donations to thc holding parent Lompany (All Nations). Fund accountlng Unre%irictcd funds can bc uscd in accordance with the charitable objLctivcs at Ihe discrction orth¢ trustec8. Rcslricted fund5 can only be u4cd for particular restricted purposes within the objects of thc charity- Restrictions ari8c whcn specified by thc donor or whcn funds arc raised for partiLul&r restrictL.d purposts.Furthcr cxplanalion of thc ntiturc and purposc of cach fund is includcd in thc notes to thc financial statemcnts. Concesslonary loans ThL charity provides intcrcst frec loans to othcr churchcs and institutions, thc5e arc not made solely to aLhiLVC a financial rettjrn but to advance charitablc purposcs for the benefit of thc charities bcncficiaries and arL dccmed as so¢ial inv¢stments. Thc loans when providcd cary no fornial repaymcnl l¢rnis and are decmed repayablc on demand. As a result the loans outqtanding ar¢ not adjustcd to fair value and arc includc in other dcbtors due in Ic88 than one year. Flnydnclrdl Initruments Thc Lharity has electcd to apply the provi8ions of Section I I 'Basic Financial Tnstruments, and Section 12 '0iher Financial Tn.%trumcnts Tssues, of FRS102 to all its financial instruments. The charity enters into basic financial instrumcnt transactions that rcsult in the recognilion of financial assets and liabilities like tradc and othcr dobtors and crcditors and loans from banks. Debt instrum¢nts (other than those wholly repayable or r¢1Vabl¢ within one year). including loans and account reccivables and payabl¢s, are initially measurcd at the transaction pri¢e (adjustcd for transaction cost) and subscqucntly at amortised cost using the cffcctive interest method. D¢bt instruments thal are payabl¢ or receivable within one year, typically trade debtors and crcditors, arc measur¢d. initially and subsequcntly, at th¢ undiscouThted amount of the cash or oth¢r consideration expected to be paid or received. However, if th¢ arrangement constitutes a financing transaction, such as a trade debtor or creditor on extended credit ternis. initial measurement is at the present value of futur¢ cash flows discounted at a market rate of interest. Subsequent Measurement Is at amortised cost. PabiL I X
ALL NATIONS Notes to the Financial Statements- eontinued FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES - continued Financial instruments Financial asscts that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impaimient. If such evidence is identified, an impairnienl loss is recognised in the statement of comprehensive income. For financial assets measured at amortised cost, the impaimient loss is measurcd as the diffcrcnce betwccn carrying amount and the present value of estimated cash flows discounted at the original cffectivc intcrest ratc. If thc financial instrument has a variable interest rate the cutTenily etYcctiv¢ rate under the contract is used. A financial asset is dcrccognised only whcn the contractual rights to the cash flows from the financial asset expire or arc scttlcd or, substÉintldlly all of thc risks and rcwiirds of ownership ol. the financial asscl have bccn transferrcd to another paty or when despite having rctaincd som¢, but nol substantially all, risks and rcward.¥ of ownership. control of the iisset has bccn transfeed to another party and thc othcr party ha4 thc practical ability to scll thL 11S%Ct in its cntircty to an unrelatcd third party and is able to LXLfLiSL thtLI ability unilutcrdlly and without needing to impot>C additional rci>trictions on lh¢ translcr. In thiy case, the company dcrecognise5 the assct and recogniscs scparatcly any righi.s and obligations rctainid ur created in the transfer. A financial liability 1% dcrecogniscd whcn thc contract thai givcs risc to it is bcttlcd, %old. cancclled, or cxpires. Whcrc an cxisting financial liability is replaccd by anothcr from Ihc samc Icnder on substantially diffcrcnt tcrms, or thc tcmis of an CXiqlin¥ liability arc substantially modified, such as an cxchangc or modification, this is Ircalcd as a dcrccognition of thc original liability, such thal Ihc diffcrcncc in the respective carrying amounts togcihcr with any costs or fccs incurrcd arc rccognised in profit or Ii)s8. Penslon costs and other post-retlremcnt benetits Thc charitablc cumpdny upLrate% a defjncd contribution pcnxion scheme. Contributions payablc to thc charitablc Lompany's pcnsion schcmc arL' Lharged to the Statcmcnt of Financial Activities in the period to which thcy rclate. Employec Benefits The cost of %hort-terni employee bencfits arc rccognised as a liability and an cxpcnsc. The cost of any unused holiday entillemcnt is rccogni8cd in the period in which the cmploycc's scrviccs are received. Terniinalion bLnLfits are recognised immcdiatcly as and cxpens¢ when thc charity is committcd to tcrniinatc thc employmcnt Lontract oran cmployec. Donated goods Thcrc arc no amounts includcd in thc financial statemenls for scrvicc8 and timc donated by volunteers. Cash and elsh equlvalent$ Cash and cash equivalents includc ca8h in hand, and deposits held at call with banks. DONATIONS AND LEGACIES Unrestrlcted Funds £ Re5trlcted Funds £ Grou 2025 2024 Tithe Poor and needy Gift aid Offcring 496.153 22.950 124.776 106663 496.153 22.950 124.776 106 663 523.613 10,215 156.128 92,422 750 542 750 542 782 378 PagiL I L)
ALL NATIONS Notes to the FlnAnelal Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 Unrestrleted b'unds £ liestricted Funds £ Chari 2025 2024 Tithc Pour and needy Gift aid Offering 496,153 22,950 283,381 106 (163 496,153 22,950 283,381 106,663 523,613 10,215 302,634 909 147 909 147 928 884 Pagc ?0
ALL NATIONS otes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 OTHER TRADING ACTIVITIES Unrestricted funds £ Restricted funds £ rou 2025 2024 Hirc of facilities and catering 525.577 Solar cnergy rebate 9,597 RcchÉirges 525.577 9,597 724,802 9.944 719 540 123 540 123 736 465 2025 2024 Chydri Solar energy rcbatc Recharges 9.597 9.597 9,944 73,311 67,681 INCOME FROM CHARITABLE ACTtVTTIES Unreslrlcted funds £ Restrlcted funds £ Grou And charll 2025 2024 Spccial offerings, missions and bible weck 54,709 54,709 54,675 Rental in¢omc RAISING FUNDS COSTS Rxlslng donYdtlon5, legpdcles and funds 2025 2024 Direct costs Overheads 65,123 347 822 110,428 345 972 412,945 456,400 Included in overh¢ad costs is staff expenditure in relation to thc subsidiary company tot&lling £292,896. (2024: 264,437) PagL?I
ALL NATIONS Notes to the Financlal Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 CHARITABLE ACTIVITIES COSTS Support Dircct Costs note 7) Totals The ddvancement of the Christian faith and thc rclict-of suffering 782,475 319 184 1,101,659 782 475 319,184 1,101,659 Included in direct costs are mini,8try support costs in respect of thc charity totalling £126,900 (2024.. £117,900) Tefcr to note 10. Incliided in direct costs is a de,pre,r,i&linn r.harEe. nf S.fiR,fi77 whic.h is restrictcd. (2024: £68,677). SUPPORT COSTS Governance Management Other Totals Raising donations and Icgacies Governance Costs 270,658 37,470 3011,128 1105() 270 6511 319 184 NET IiYCOMEI(EXPENDITURE) Net income/(cxpcnditure) is statcd after chargingl(crediting): 2025 2024 Audilors, rcmuneration Deprcciation - owned assets 11,056 118273 12,474 114581 TRUSTEESI REMUNERATION AND BENEFITS There were no tnLStces' remuneration or othcr bcncfit8 for the year ended 31st March 2025 nor for the year ended 31 st March 2024. Trustee5' expenses Thcrc were no tru3tee5' expenses paid for the year ¢nded 31st March 2025 nor for the year ended 3 1st March 2024.
ALL NATIONS Notes to the Financiydl Statements - contlnued FOR THE YEAR ENDED 3 1ST MARCH 2025 io. STAFF COSTS Grou 2025 2024 Wages and salaries Social sccurity Costs Othcr pension costs 447,377 34,513 475,499 33,417 497 693 525 145 2025 2024 Wagcq and qalaries Soci(Il s¢Lurity costs Othcr pcnsion costs 235,410 24,034 247,054 21,020 270 658 277 941 Kcy management personncl administration, including mini4try support for year totallcd £159.620 (2024: £175,329). Redundancy costs in thc year totalled £nil. (2024: £1,750) Mlnlstry Support T F,rlcnbach (Trustee) was in rcccipt of ministry support (including cxpenses) amounting to £58,700 (2024: 55,100) Other ministry support for the year amountcd to £68,200 (2024: £62,800} Thc av¢rag¢ monthly numbcr of employees during th¢ y¢ar was as follows: 2025 2024 Mdnagcmcnt & Administration - Funds Casual Workcrs Managcmcnt & Administration - Charitable 14 io 29 30 No employees received emoluments in excess of £60,000. 23 The notes fonn part of th¢s¢ financial slatements
ALL NATIONS Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Grou Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacics 782,379 782,379 ChAritAble aetivities Other charitable activities 41,350 54,675 96,025 Other trading activities 736 464 Total 1560 193 1614 868 EXPENDITURF ON Raising funds 456,400 456.400 Charitable activitics Corporation tax 1,107,549 1,737 157.408 1,174,957 1,737 Total expendlture 1475 686 1633 094 NET INCOMEI(EXPENDITURE) Trfdnsfers between funds 84,507 77317) (102,733} (l R,226) Net movement In funds 7,190 (25,416) (18.226) RECONCILIATION OF FUNDS Total funds brought forward 1,904,090 2,190,939 4,095,029 TOTAL FUNDS CARRIED FORWARD 19112110 Page 24 The hot¢s forni part of these financial statements
ALL NATIONS Note5 to the Financial Statements - eontinued FOR THE YEAR ENDED 31ST LKARCH 2025 12. TANGIBLF FIXED ASSETS Grou Fixtures and fittings Freehold property Plant and machinery Totals COST At I st April 2024 Addition8 Disposals 4,457,002 135,282 190,037 20,890 4,782.321 20.890 3,700) At 3 1st March 2025 4 457 002 135 282 207 227 4,799,511 DEPRECIATION At 1st April 2024 Chargc for year Di%po.%als 1,587,842 104,207 108,956 4,264 171,667 9,706 3,492) 1,868,459 118.177 3,492) At 31st March 2025 1,692,049 113220 177.11111 1983 150 NET BOOK VALUE At 315t MarL.h 2025 2,764,953 22,061 29,346 2,816,361 At 3 1st March 2024 2,1169,160 26,326 18,376 2,913,862 Charl Fixtures and fittings Frcchold propcrty Plant and machinery Totals COST At I st April 2024 Additions 4,230,118 58,775 60,726 4,349,619 At 31st March 2025 4230118 4 365 949 DEPRECIATION At l st April 2024 Charge for year 1,519,296 43,324 59,309 1,621,929 At 31st March 2025 1603 898 1712529 ET BOOK VALUE At 3 Ist March 2025 2 626 220 2 653,420 At 3 1st March 2024 2,710,822 1.417 2 727 690 PagTrL 25 The note5 forni part of ih¢s¢ financial statements
ALL NATIONS Notes to the Finaneial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 13. FIXED ASSET INVESTMENTS -chai.ity Only Shares in group undertakings MARtiET VALUE At I st April 2024 and 3 I st March 2025 102 NET BOOK VALUE At 31bt March 2025 102 At 31 st March 2024 102 There were no invcstment assets outside the UK. 14. TRADING SUBSIDIARY Kglros Venlure5 Llmlted The charity owns l 00 % of thc issued ordinary share capital of Kairus Venturcs Limited. a company incorporated in England and Walcs. The rcsults of Ihe company for the ycar cnding 31 yl Match 2024 arc as follows.. 2025 2024 Profit an TURNOVER 551,435 747,165 Cost of sales 110428 PROFIT 486.312 636,737 Administrativc cxpcnses 406 588 429 724 OPERATING PROFIT And PROFIT BEFORE TAXATION 79,724 207.013 Tax on profLt PROFIT FOR THE FINANCIAL YEAR 205 276 Th¢ notes form part of these financial statements
ALL NATIONS Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 14. TRADINC. SUBSIDIARY- continued 2025 2024 Balance Sheet FIXED ASSETS Tangible asscts 162,941 186,171 CURRENT ASSETS Stock Dcbiors Cash at bank and in hand 2,265 689 36,409 114,654 105933 110881 144,607 226,224 CREDITORS Amoun15 falling due within one year 68452 94417 NET CURRENT ASSii.TS 76 155 131807 TOTAL ASSETS LFSS CURRENT LIABlI,tTIES PROVISIONS FOR LIABILITIES L¥4ET ASSETS CAPITAL AND RESERVES Callcd up share capital R¢lain¢d earnings 102 102 232942 311052 233044 311 154 P¢igL. ?7 The notes fonn part of these financial stat¢m¢nts
ALL NATIONS Notes to the Financial Stydtements - continued FOR THE YEAR ENDED 31ST MARCH 2025 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Gi'uu 2025 2024 Trade debtors Othcr debtors Prepayments 27.325 25.334 14,066 10,180 10,869 135 115 Chari 2025 2024 Trade debtors Other d¢btors Prepayments 12.897 25.334 22,219 10,180 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONF YEAR Grou 2025 2024 Trade creditors Social sccurity and other taxcs OthL'r crcdilors Accrued L'XPLnscg 10,879 34,185 5.481 12,351 105 113 Charlty 2025 2024 Trade crcditors Social security and other taxes Other creditor5 Accrucd cxpen5¢5 3,114 7,341 5,481 4,715 7,922 17. DEFERRED INCOME- Group 2025 2024 D¢f¢rred income 26,761 Deferr¢d tax Balance at 1st April 2024 Incom¢ received in advance Incom¢ r¢l¢as¢d during the period 26,761 9,888 (26,761 Balance at 3 1st March 2025 Th¢ note5 forni part of these financial statements
ALL NATIONS Notes to the Financial Statements - contlnued FOR THE YEAR EIYDED 31ST MARCH 2025 18. PROVISIONS FOR LIABILITIES- Group 2025 2024 Deferred tax Deferred tax Balance at I st April 2024 Provided during year 6,824 Balance at 31 sl March 2025 19. MOVEMENT IN FUNDS Net movcmcnt in fiinds Tran8fcrs bctwccn At 31.3.25 Al 1.4.24 Unr¢$trlcted funds General Poor Building Fixcd Assets Joscph Unrestricted Fund Funds Relained Within Subsidiary 624,374 82,622 101,633 791,599 79,101 2,350 11,787 {46,008) (17,184) 686.291 84,972 113,420 762,775 17,184 311052 78 110) 232 942 1,911,280 (30.8RO) 1,880,4 Reslrlcted funds Undistributabl¢ Capitsl Rcscrvc Fund Joseph t4und Oihcr rcstricted ndS 2,122,262 43,261 (68,677) (26,790) 2.053,585 16,471 2 165 523 2 070 056 TOTAL FUNDS 4 0761103 126347 3 950 456 The notss forni part of these financial ststements
ALL NATIONS Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 19. MOVEMENT IN FUNDS - eontinued N¥1 iiiiiv¢iiieiit iii 1]ds, iiicluded iii the abovc arc as follows.. Tncoming resources Resources expended Movement in lld8 Unrestrieted funds General Fund Poor Building Fixed A8sets 690.132 49.099 42,110 (611,031) (46,749) (30,323) (46,008) 79,101 2,350 11,787 (46,008) 551,435 1,332,776 (1,363,656} (30,880) Restrlcted funds Rcslrictcd jo.scph bund Othcr Restricted (68,677) (28,534) (52,965) (68.677) (26.790) 1,744 52,965 150 176} 95 4CI7) TOTAL FUNDS 1387 485 Restrlcted Funds Undlstrlbutable capltydl reserve The fund rclales lo donations and funding that has been used to purchase, renovatc and improve thc All Nation8 C¢ntre. Dcpreciation is bcing charged inlinc with thc accounting policy. Joseph Fund This nd has been gcncratcd from offcrings given at All Nations spccifically for usc for the poor and needy in the community. Other restrlcted funds Th¢s¢ fund8 rclate to collcction8 and offerings for specific causes that ar¢ distributed immcdiately and noi held for futur¢ funding. Unrestricted Y4nd desl Poor fund This fund ha5 becn generated from the offerings taken at All Nations and an allocation of annual gift aid from HMRC. nated funds Bulldlng fund This fund i5 gcncrated from nct rcvcnue received from rcntal properties togcthcr with unu5¢d moncy sel aside for the purchabe of 242 Whitchurch Road. The fundb. arc sct asidc for future building repairs or building puwhascs. Flxed Ydsset fund This fund r¢prcs¢nts the net book value of unrestrict¢d ¢apitalised fixed assets transferred from th¢ funds through which they were initially funded. Funds retalned Ivithin subsidiary This fund represents r¢s¢rv¢s that have been accumulated in the subsidiary but have not been distribut¢d under gift aid. Transf¢rs from designated funds to restricted fvnds are perfonned following a delail¢d review by the Trustees. The notes forn] part of th¢K financial statements
ALL NATIONS Notes to the Flnanclal Statements - contlnued FOR THE YEAR ENDED 31ST MARCH 2025 19. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestrlcted funds Gcneral Poor Building Fixed Assets Joseph Unrestricted Fund Fund% Retained within Subsidiary 891.051 56,089 81,346 546.007 77.317 252 280 24,820 26,533 20,287 (45,905) (291,497) 624.374 82,622 101.633 791,599 291.497 (77,317) 311.052 1,904,090 84,507 (77,317) ,911,280 Restrleted funds Undistributable Capital Rcscrvc Fund Joseph Fund Other restrictcd funds 2,190,939 (68,677) (34,056) 2,122.262 43,261 77,317 2,190,939 (102,733) 77,317 2,165,523 TOTAL FUNDS 4,095.029 (18,226) 4,076.803 The notes forni part of these financial statements
ALL NATIONS Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2025 19. MOVEMENT IN FUNDS- continued Cornpardtive net movcmcnt in funds. included in the above are as follows.. Incoming resourcey Resources expendod Movement in funds Unrestricted funds Cycncral Fund 956,052 40,533 41,350 (931,231) (14,000) (21,063) 24.821 26,533 20,287 Poor Building liixed Assets 1,037,935 (l.Ol2,199) 25,736 Restrlcted funds Restriclcd 52,4112 (121 15()) 36.249) (68,677} 34 056) Joseph fund 157 408) 102733 TOTAL FUNDb 1.092 ()10 1 16() 607) 76.997) 20. RELATED PARTY DISCLOSURES Ministrics Without B(&rd¢rs (MWTI) is considcrcd a related paty duc to occupying the samc building off sitc. Donations of £260,529 w¢re made lo MWB during the period to 31 March 2025. (2Q24.. £144,478} All transactions with MWB arc carried out at arn]'s Icngth and are in accordance with th¢ charity's objectives. PagTL _12 Th¢ notes forni part of these financial statem¢nts
This page does not forni part of thc statutory financial statements