UNITEDLIFE (A company limited by guarantee and not having a share capital) Charity number: 1105428 Company number: 5195183 Accounts- 3 1st March 2025 INDEX Report of the Trustees and General Inforniation Independent Examiner's Report to the Trustees Statement of Financial Activities Balance Sheet 7-11. Notes to the Accounts 'AEHR64UQ* 191iv2025 COIopANIES HOUSE
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Registered in England and Wales No: 5195183 UNITEDLIFE REPORT OF THE TRUSTEES for the year ended 31st March 2025 The Trustees are pleascd to prescnt their annual report and financial statements of the charitable company for the year ended 31 st March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 201 I, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (issued October 2019). Reference and AdmiDlstratlon Detalls The charity's name is UnitedLife. Charity Registration Number: 1105428 Company Number: 5195183 R¢gist¢r¢d Ofyice: Ic Manor Place Sutton SMI 4BB Trujtees and Direetors The Trustees of the charity are its Directors for the purposes of company law. The Trustees and officers who served during the year and since the year end were as follows: T J Croxson B J Melian S Bartlett Structure, Governance And Management Governing Document UnitedLife is a company limited by guarantee governed by its Memorandum and Articles of Association dated 2nd August 2004. It is registered as a charity with the Charity Commission. Members of the charitsble ompany guarantee to contribute amounts not exceeding £1 O to the assets of the charitable company in the event of winding up. OrgADisatlODal structure The Trustees and Directors work closely wtih the senior leadership team respecting the leadership structure of the church. New trustees are appointed by the Trustees from those who regularly attend the Church. Policy for training Trustee$ Potential trustees meet the other trustees before they are appointed so that they can understand their responsibilities within the boyd and how the charity operates. New trustees are given copie5 of the Memorandum and Articles of Association together with guidance on charitie) and public benefit produced by the Charity co.mmission. This ensures that new trustees are aware of the scope of their responsibilities. Relationship with related parties. UnitedLife has good relationships with other local churches in the area as well as internationally with the C3 group of churches. The C3 group are a subscription-based. umbrella organisation which 5UPPOrts churehes within its network. We engage with other churches through attending events, particularly in the UK and Europe.
UNITEDLIFE REPORT OF THE TRU.STEES for the year ended 31st March 2025 (Continued) Remuneration policy The remun¢ration of management personnel is reviewed annually by trustees. Consideration is given to equivalent salaries of similar positions within th¢ marketplace. using published salary inforniation. Objectives and Activities Th¢ main objects of the charity ar¢: a) The advancement of the Christian faith in the UK or overseas. b) The relief of persons in conditions of hardship and distress or who are aged or sick. In planning the activities of the charitable company. Ihe directors have considered the Charity Commission's guidance on public benefit and the specific guidance on charities for the advancement of religion. The principal activity of the charitable company is that of a church, known as C3 UnitedLife. We function as a part of the global C3 family with a core vision of being Christ centred, Spirit powered, connect driven. Achievements and Performance C3 UnitedLife is a dynamic contemporary Christian church providing an environment for local people to discover and grow in faith in God. Our main events are a weekly morning event at Bourne Hall for all ages using contemporary music with relevant activities for children and young adults as well as adults, a weekly ev¢ning ev¢nt in Sutton High Street, and various small group meetings in homes during the week. We have seen engagement and attendance grow through in-person gatherings, continuing with an online presence. Small group settings to suit across a broad range of ag¢s, hav¢ continued both in-person and online, ensuring a continuation of community. We have continued to support the work of Creating Hope, a local charity, as a means to serve our local communities. Creating Hope. continue to provide practical and emotional help for those who are in deb( out of employment. those with complex needs, as w¢ll as helping others with their wellbeing. The church's financial support hasn't changed materially. and we continue to be g¢n¢rous in supporting those most in need even during the hardest times. Historically. we have maintained a presence on Sutton High Street. through our subsidiary Unit¢dLif¢ Trading. trading as Tazza Coffee. The directors of Tazza Coffee, in conjunction with the leadership and trustees of C3 UnitedLife, took the difficult decision to close the coffee shop during the reported financial year as it was no longer best placed to deliver our mission and aiTns in Sutton. The church invested in and supported Tazza Coffee over the years. and the TTUStees Tecognise the financial implications of writing down the loans extended. The Trustees do believe that the investment in Tazza Coffee has not been wasted however. Not only as having a coffee shop increase.d the valu¢ of our asset, the building, recognised through the revaluation this year, but it has also acted as a signpost to our services for many people, as well as providing the platforni for many conversations about faith and life, all over a Coffee. The shop itself has proved invaluable as a space to host groups, both within the life of the church and outside. The building continues to be used for many of our services, whilst the leadership team and trustees d¢terniine the most suitable use for the building for the charity.
UNITEDLIFE REPORT OF THE TRUSTEES for the year ended 31st March 2025 (Continued) Achievements and Performance (eont.) We have Continued to support and make grants and facilitate community projects internationally. Over this year, we have supported Christian projects involved in education. feeding and orphanage projects in developing countries such as Burundi and Zimbabwe as well as a church in Poland. Much of our administration ond mort of our activities are supported by volunteers. This has enabled the trust to fulfil its objectives and devote most of its resources to the provision of sustainable and worthwhile projects and services. We thank God for His continuing provision and grace for the vision he has given to UnitedLife. We are also very grateful to the members of our Church for their continued generosity, giving financially and of their time as they serve God faithfully through UnitedLife. The trustees consistently monitored income and expenditure and although expenses rose slightly in the year, income rose also, and a small surplus was achieved for the year. Pleasing, through ndraisIng, the mortgage on our building was fully paid off several years early. releasing extra expenditure to be spent on supporting our local communities. Financial Review The total income for the year was £297,142 and total expenditure on charitable activilies amounted to £261,940. Reserves Policy The intention of the trustees is to ensure general reserves are maintained at around £ 100,000 as this enables the charitable company to remain financially stable and resilient and ensure its continued successful operation, regardless of income. Investment The charity has no long-terni investments. Our cash reserves are held in money market and deposit accounts. Risk Management Th¢ trustees have a duty to identify and review the risks to which the charity is ¢xpos¢d and to ensure appropriat¢ Controls are in plac¢ to provide reasonable assurance against fraud and error. Potential risks are regularly reviewed by Senior leadership and any significant concerns raised at Trustees m¢etings. The Health and Safety policy is annually reviewed, along with the policy for.the Safety of vulnerable people. The charity has a safegijarding manager responsible for ensuring that safeguarding ch¢cks are made on all team members involved with children or vulnerable adults. This report has been prepared in accordance with the special provisions relating to companies subject to the Small Compar.i¢s Regime within part 15 of the Companies Act 2006. This Report was approved by th¢ Board on . 2025 roxson - Trustee Sutton
UNITEDLIFE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report to the trustees on my examination of the accounts of UnitedLife for the year ended 31 st March 2025. Responsibilities and Basis of Report As ihe charity's trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report iri respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In Carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5} (b) of the 2011 Act. Independent Exvdminer's Statement Since the charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confim) that l am qualified to undertake the examination because l am a member of th¢ Association of Chartered Accountants which is one of the listed bodies. I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the ¢haritsbl¢ company as required by section 386 of th¢ 2006 Act. or 2. th¢ accounts do not accord with those records. or 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 fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordan¢¢ with m¢thods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this r¢port in order to enable a proper understanding of the accounts to be reached. lJi A P Williams FCCA CTA A J Carter & Co Limited Ckiartered Certified Accountants 22b High Street Witney Oxon OX28 6RB
UNITEDLIFE STATEMENT OF FINANCIAL ACTIVITIES (including an income and expendilure account) for the year ended 3191 March 2025 Note Unrutri¢ted Restricted Funds Funds Total Funds 2025 Total Funds 2024 Income from: Donations and legacies Investments Totvdl incoming resources 295,757 1.385 297 142 295,757 309,732 297 142 311 139 Expenditure on: Charitable activities 261,940 261.940 245.527 Total expendlture 261940 261940 245 527 Net incomel(expenditure) and net movement in funds for the year 35,202 35,202 65.612 Transfer between funds Other recognlsed galns Y4nd losses Gainsl(losses) on revaluation of fixed assets Write off loan to trading subsidiary 243,668 (445,757) 243,668 {445.757) Net movement in funds (166,887) {166,887) 65.612 Reconciliation of funds Total funds brought forward Tolal funds carried forward 1019 023 1019 023 £852 136 953 411 £1019 023 £852 136 The statement of financial activities includes all gains and losses recognised in the year. All inoome and expenditure derives from continuing aotivitieo. The notes on pages 7 to 12 forni part of these financial stat¢ments
Registered in England and Wales: 5195183 UNITEDLIFE BALANCE SHEET as at 3151 March 2025 Note 2025 2024 Fixed assets Tangible assets 731,422 488,742 Total fixed assets 731422 488 742 Current assets Debtors Cash at bank and in hand Total current asset8 12 8,053 118804 126.857 412,240 124 398 536,638 Liabilities Creditors falling due within one year Net current assets Total assets less current liabilities 13 120 714 852,136 530 281 1,019,023 Total net asset8 14 £852 136 £1019023 The funds of the Charity Restricted income funds Unrestricted income funds Revaluation reserve Total unrestricted funds Total charity funds 15 852,136 1,019,023 852 136 1019023 £852 136 £1019 023 For the year ended 31 st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors Responsibilities The m¢mb¢rs hav¢ not r¢quir¢d th¢ company to obtain an audit of its accounts for the year in question in accordan=e wilh section 476. and The direct)rs acknowledge their responsibilities for complying with the r¢quirem¢nts of the act with respect to the accounting records and th¢ preparation gf accounts. These accountR have been prepared in accordance with the speci31 provisions relating to compan'es subject to the Small Companies Regiine withAn part I S of the Companies Act 2006. These accounts were approved by the board of directors and authorised for issue on: and are signed on their behalf by: T Croxgon -.Director The notes on pages 7 to 12 fomi part of these financial statemtnts
UNITEDLIFE NOTES TO THE ACCOUNTS for the year ended 31st March 2025 Accounting Policies The principal accounting policies adopted* judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a) Basis of Preparation The Financial Statements have been prepared in accordance with the 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)) (issued in October 2019} - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant aoUntIng policy notes, b) Public Benefit Enlity UnitedLife meets the definition of a public benefit entity under FRS 102. c) Going Concern The Trustees consider that there are no material uncertainties about the Chartty's ability to continue as a going concern. d) Income Recognition Policies Items of income are recognised and included in the accounts when all of the following crileria are met: The Lharlty has entitlement to the funds; any perforniance conditions attached to the items of income have been niet or are fully Nvithin the cont.rol of the charity; there is sufficient certainty that receipt of the income is considered probabl¢; and the amouiit can be measured reliably. Income received in advance of a specific perfonnance or provision of other specified service is deferred until the criteria for income recognition are met. e) Interest Reeelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity- this is nornially upon notification of the interest paid or payable by the bank. Expenditure and Irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to 4 third party, it is probable that s¢ttl¢ment will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for wTriich the expenditure was incurred.
UNITEDLIFE NOTES TO THE ACCOUNTS for the year ended 31st March 2025 g) Tgngible Fixed Assets Individual fixed assets costing £1,000 or more are capitslised at cost and are depreciated over their estimated useful economic lives on the straight line basis as follows: Asset CAtegory Freehold Property Equipment Annual Rate Nil 250/0 per annum h) Debtors Trade and oth¢r debtors ar¢ recognised at the settlement amounts due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts du¢. Cash at Bank and in Hand Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three monihs or less from the date of acquisition or opening of the deposit or similar account. i) Credltor$ and Provlsion$ Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer ot funds to a third party and the amount due to settle the obligation can be measured or estimated reliably, Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Legal Status of the Charity The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10. Income from donations 2025 2024 Gifts and donations 295 757 £295 757 309 732 £309 732 Investment income 2025 2024 Interest
UNITEDLIFE NOTES TO THE ACCOUNTS for the year ended 31st March 2025 (continued) Analysis of expenditure on charitable activitie8 2025 Totsl 2024 Total Ministry Gifts: UK Ministries Overseas Ministries 74.732 56,449 92.767 73,310 Salaries and operating expenses Church events, conferences and seminars Church administration Mortgage interest and charg¢s 92.224 583 74,422 91.011 7,149 65,631 6,458 Accountancy 1,944 1,968 Total £261.940 £245 527 6. Net IDcome/(expenditure) for the year 2025 2024 This is slated after charging.. Depreciation Accountancy services 1,462 1,345 7. Analysis of stalTcosts And Irustee remuneralion and expenses 2025 2024 Salaries and wages Social security costs Pension costs 63,030 58,948 £64.959 £60 588 No employees had emoluments in excess of £60,000 (2024: Nil). The total employment benefits of the key management personnel in the year was £37.510 (2024 £4.100). One of the key management p¢rsonr.¢l is the wife of one of the Trustees. 8. Staff Dumbers The average monthly number of employees during the year was as follows: 2025 Number 2024 Number
UNITEDLIFE 10. NOTES TO THE ACCOUNTS for the year ended 31sl March 2025 (continued) 9. Related party transactions During the year under review trustees. close relatives and key management personnel made unrestricted donations totalling £87,520 (2024: £35,225). A donation of £nil (£2024: £60,000) was also receiv¢d from the Milk and Honey Trust, of which T J Croxson, is also a trustee. A donation of £4,000 was received from William Croxson and Son Ltd, of which the trustee, T J Croxon. is a director, 10. Corporation tax The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. I l. Tangible fixed assels Freeliold Property Equipment Total Cost: As at l April 2024 Revaluation Additions Disposals As at 31 March 2025 486,332 243,668 58,486 544.818 243,668 474 474 730 000 788 960 Depreciation: As at l April 2024 Charge for y¢ar On disposals As at 31 March 2025 56.076 1,462 56.076 1,462 Net book value.. As at 31 March 2025 £730 000 £731422 As at 31 March 2024 £486,332 £2,410 £488 742 The charity's freehold property at 188 High Street, Sutton was revalued by an independent RlCS- qualified valuer on 6th November 2024. The valuation was carried out on an existing use basis and the property was vallied at £730.000. The charity's accounting policy is to revalue the freehold property every five years, with interim revi.ews ic. Ihere are indications of material changes in value. The Property will be depreciated at 20/0 Straight line from April 2025.
UNITEDLIFE NOTES TO THE ACCOUNTS for the year ended 31st March 2025 (continued) 12. Debtors 2025 2024 Gift aid Prepayments and accrued income Loan to subsidiary company Other debtors 7,351 702 8,430 669 342,186 £412 240 In March 2025 the coffee shop run by UnitedLife Trading Limited, a trading subsidiary of UnitedLife. closed. The loan owed from the trading subsidiary has therefore been written off as it will not be recovered. 13. Creditors: amounts falling due withiD one year 2025 2024 Accruals 14. Analysis of net assets behveen funds General Fund Designated Restricted Funds Funds Total Tangible fixed assets Cash at bank and in hand Other net current assetsl(liabilities) Creditors of more than one year Total 731.422 118,804 1,910 731,422 118,804 1,910 £852 136 £852 136 15. Analysis of charitable funds Analysis of movements ID unre8tricted funds Balance 1.4.2024 Incoming Resources Other resources expended gainsllosses Funds 31.3.2025 General fund Designated - Sutton Church 1.019.023 297,142 (261.940) (202,089) 852.136 Total £1,019,023 £297,142 261,940 202,089 £852,136