Charity Registration Number : 1112074
## **IRANIAN CHRISTIAN FELLOWSHIP**
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **CONTENTS**
FOR THE YEAR ENDED 31 DECEMBER 2025
|Legal and Administrative Information
......................................................................................................|1|
|---|---|
|Trustees' Report
......................................................................................................................................|2|
|Independent Examiner's Report
..............................................................................................................|3|
|Statement of Financial Activities
.............................................................................................................|4|
|Balance Sheet
.........................................................................................................................................|5|
|Notes to the Financial Statements
..........................................................................................................|6|
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 DECEMBER 2025
**Trustees Charity Number Registered Office Independent Examiner**
Dr. Mehrdad Fatehi Rev Samuel Bazmjou Rev Mansour Borji Dr. Charles Gogbashian Mr Malcolm Steer
1112074
158 SUTTON COURT ROAD London W4 3HR
VTAX Ltd Aurora House 71-75 Uxbridge Road London W5 5SL
Page 1 of 10
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their annual report and financial statements for the year ended 31 December 2025.
The ICF is a community of God's people, the purpose of which is worship, fellowship and discipleship of people (Church), mostly of Iranian origin but also of other nationalities that relate to and become a genuine part of ICF.
The Object of the ICF is to advance the Christian religion for the benefit of the public.
The ICF is committed to the Great Commission of Mt 28:19-20, in evangelistic outreach to, and discipling of Iranians and other nationalities, firstly in the UK, and then Europe and elsewhere in the world, in cooperation with others of like vision.
In pursuance of these objectives we have weekly, established Church Meetings, Bible Teaching, Prayer, Sunday School, Counselling, and Worship Meetings.
## Trustees Responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable Law and the Generally Accepted Accounting Principles (GAAP) including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the surplus or deficit of the CIO for that period. In preparing those financial statements the trustees are required to:
Select suitable accounting policies and apply them consistently; Observe the methods and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent;
State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in existence.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Governing Document. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees and signed on its behalf by:
------------------------------------------------------------------------
**Mr Malcolm Steer yes**
M Stee�
Date : **26 March 2026**
Page 2 of 10
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **INDEPENDENT EXAMINER'S REPORT**
## FOR THE YEAR ENDED 31 DECEMBER 2025
Independent Examiner’s Report to the Trustees of Iranian Christian Fellowship
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2025 which consists of the statement of financial activities,balance sheet and the related notes
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
- I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Name: **Mojtaba Vahid**
for and on behalf of **VTAX Ltd**
Date: **26 March 2026**
Page 3 of 10
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 DECEMBER 2025
|**Recommended**
**categories by activity**
**Notes**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
**Total**
**Net**
**income/(expenditure)**
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
86,791.54
1,548.92
1,770.00
**90,110.46**
-
90,786.32
**90,786.32**
**(675.86)**
**(675.86)**
128,830.31
**128,154.45**|**Restricted**
**funds**
**£**
1,000.00
-
-
**1,000.00**
-
-
**-**
**1,000.00**
**1,000.00**
4,983.83
**5,983.83**|**Total Funds**
**2025**
**£**
87,791.54
1,548.92
1,770.00
**91,110.46**
-
90,786.32
**90,786.32**
**324.14**
**324.14**
133,814.14
**134,138.28**|**Total Funds**
**2024**
**£**
130,197.67
1,288.46
6,720.00|
|---|---|---|---|---|
|||||**138,206.13**|
|||||1,450.00
100,897.99|
|||||**102,347.99**|
|||||**35,858.14**|
|||||**35,858.14**
97,956.00|
|||||**133,814.14**|
Page 4 of 10
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 DECEMBER 2025
|**Recommended**
**categories by**
**activity**
**Notes**
Current assets
Debtors
7
Cash at bank and in
hand
8
**Total current assets**
Creditors: amounts
falling due within one
year
9
**Net current**
**assets/(liabilities)**
**Total net assets**
**Funds of the Charity**
Unrestricted funds
10
Restricted funds
10
Endowment funds
10
**Total funds**|**Unrestricted**
**funds**
**£**
20,590.00
108,723.45
**129,313.45**
1,159.00
**128,154.45**
**128,154.45**
128,154.45
**128,154.45**|**Restricted funds**
**£**
-
5,983.83
**5,983.83**
-
**5,983.83**
**5,983.83**
5,983.83
**5,983.83**|**Total Funds**
**2025**
**£**
20,590.00
114,707.28
**135,297.28**
1,159.00
**134,138.28**
**134,138.28**
128,154.45
5,983.83
-
**134,138.28**|**Total Funds**
**2024**
**£**
19,081.00
115,892.14
**134,973.14**
1,159.00
**133,814.14**|
|---|---|---|---|---|
|||||**133,814.14**|
|||||128,830.31
4,983.83
-|
|||||**133,814.14**|
The financial statements were approved by the trustees on 26 March 2026 and signed on its behalf by:
**Mr Malcolm Steer yes**
Date : **26 March 2026**
## MStee�
Page 5 of 10
## **IRANIAN CHRISTIAN FELLOWSHIP**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 DECEMBER 2025
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “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 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
**Unrestricted funds**
**Restricted funds**
**£**
**£**
Donation
and gifts
-
Armenia
8,050.00
-
Donation
and gifts
-
Hamgam
27,095.00
-
Donation
and gifts
- ICF
51,646.54
1,000.00
**Total**
**86,791.54**
**1,000.00**
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Bank Interest
1,428.92
Sale of Good
120.00
**Total**
**1,548.92**
**4. Income from Other Trading Activities**
**Analysis**
**Unrestricted funds**
**£**
Events
1,770.00
**Total**
**1,770.00**|**Total funds 2025**
**£**
8,050.00
27,095.00
52,646.54
**87,791.54**
**Total funds 2025**
**£**
1,428.92
120.00
**1,548.92**
**Total funds 2025**
**£**
1,770.00
**1,770.00**|**Total funds 2024**
**£**
8,050.00
63,430.62
58,717.05|
|---|---|---|
|||**130,197.67**|
|||**Total funds 2024**
**£**
1,288.46
-|
|||**1,288.46**|
|||**Total funds 2024**
**£**
6,720.00|
|||**6,720.00**|
## **3. Income from Charitable Activities**
## **4. Income from Other Trading Activities**
Page 6 of 10
## **5. Expenditure on Raising Funds**
|**5. Expenditure on Raising Funds**||
|---|---|
|**Analysis**
Sundry Expenses - Hamgam
**Total**|**Total funds 2024**
**£**
1,450.00|
||**1,450.00**|
Page 7 of 10
## **6. Expenditure on Charitable Activities**
|**Analysis**|**Unrestricted funds**|**Total funds 2025**|**Total funds 2024**|
|---|---|---|---|
||**£**|**£**|**£**|
|Cleaning of Premises - Armenia|91.50|91.50|176.80|
|Cleaning of Premises - ICF|183.00|183.00|353.60|
|Church decoration - Armenia|25.98|25.98|85.55|
|Accountants fees - ICF|5,066.67|5,066.67|333.33|
|Accountants fees - Armenia|2,533.33|2,533.33|166.67|
|Conference Cost - ICF|1,850.00|1,850.00|8,808.00|
|Computer Expenses - ICF|14.99|14.99|-|
|Gifts, Tithes, Ofering - ICF|4,206.52|4,206.52|4,400.33|
|Insurance Costs - ICF|1,564.44|1,564.44|1,528.50|
|Ministry Expenses ICF|147.32|147.32|3,000.57|
|Sundry Expenses - ICF|316.57|316.57|608.97|
|Sunday School - ICF|89.36|89.36|315.88|
|Telephone, Internet and Fax - ICF|788.35|788.35|934.51|
|Travel and Hospitality Expenses -
ICF|417.51|417.51|20.00|
|Light, Heat and Power - ICF|2,369.22|2,369.22|2,166.03|
|Water and Sewerage - ICF|343.96|343.96|987.70|
|Website Costs - ICF|155.88|155.88|154.68|
|Property Repairs and Renewals -
ICF|3,478.04|3,478.04|247.81|
|Membership subscriptions - ICF|320.00|320.00|263.00|
|Conference Cost - Hamgam|3,000.00|3,000.00|2,696.00|
|Gifts, Tithes, Ofering - Hamgam|6,923.00|6,923.00|-|
|Gifts, Tithes, Ofering - Armenia|1,200.00|1,200.00|3,150.00|
|Insurance Costs - Armenia|782.22|782.22|764.25|
|Ministry Expenses - Hamgam|5,512.50|5,512.50|14,131.93|
|Ministry Expenses - Armenia|900.00|900.00|5,500.00|
|Telephone, Internet and Fax -
Armenia|394.18|394.18|467.26|
|Travel and Hospitality Expenses -
Hamgam|410.00|410.00|-|
|Light, Heat and Power - Armenia|1,184.61|1,184.61|1,083.02|
|Water and Sewerage - Armenia|171.98|171.98|493.85|
|Property Repairs and Renewals -
Armenia|1,734.03|1,734.03|123.90|
|Bank charges|13.62|13.62|4.29|
|Wages and salaries|17,624.25|17,624.25|16,889.30|
|Stationary & Postage - ICF|69.70|69.70|65.66|
|Church decoration - ICF|51.95|51.95|171.10|
|Event expenses - ICF|2,050.03|2,050.03|470.92|
|Member Visit Costs|491.09|491.09|249.87|
|Woman's Session costs - ICF|199.50|199.50|20.20|
|Equipment - Sound System - ICF|835.34|835.34|4.99|
|Communion Supplies - ICF|7.80|7.80|960.00|
|Transport Ticket, Gift and Food
for Refugees|384.73|384.73|232.50|
|Leadership Meeting - ICF|166.47|166.47|76.98|
Page 8 of 10
|Staf costs Pension - ICF
1,236.68
1,236.68
Event Expenses - Hamgam
200.00
200.00
Charity management &
administration - Hamgam
2,980.00
2,980.00
Gifts, Tithes, Ofering - ICF /
Hamgam
6,000.00
6,000.00
Wages and salaries - Hamgam
12,300.00
12,300.00
**Total**
**90,786.32**
**90,786.32**
**7. Debtors: Amounts falling due within one year**
**Analysis of Debtors**
**Total funds 2025**
**£**
Other debtors
20,581.00
Trade creditors
9.00
**Total**
**20,590.00**
**8. Cash at bank and in hand**
**Analysis**
**Total funds 2025**
**£**
BARCLAYS
3,000.00
BARCLAYS Premium Account (Saving)
110,594.64
Cash at bank and in hand
1,112.64
**Total**
**114,707.28**
**9. Creditors: Amounts falling due within one year**
**Analysis of Creditors**
**Total funds 2025**
**£**
Other creditors
1,159.00
**Total**
**1,159.00**|1,190.04
-
-
-
27,600.00|
|---|---|
||**100,897.99**|
||**Total funds 2024**
**£**
19,081.00
-|
||**19,081.00**|
||**Total funds 2024**
**£**
3,000.00
112,883.14
9.00|
||**115,892.14**|
||**Total funds 2024**
**£**
1,159.00|
||**1,159.00**|
## **7. Debtors: Amounts falling due within one year**
## **8. Cash at bank and in hand**
## **9. Creditors: Amounts falling due within one year**
Page 9 of 10
## **10. Charity funds**
## **10.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
Unrestricted
General Funds
70,121.00
-
-
510.00
-
70,631.00
General Fund
30,874.31
90,110.46
90,786.32
(510.00)
-
29,688.45
27,835.00
-
-
-
-
27,835.00
**Restricted**
**funds**
Restricted funds
4,983.83
1,000.00
-
-
-
5,983.83
**Total**
**133,814.14**
**91,110.46**
**90,786.32**
**-**
**-**
**134,138.28**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
General Fund
-
110,622.30
79,747.99
-
-
30,874.31
27,835.00
-
-
-
-
27,835.00
Unrestricted
General Funds
70,121.00
-
-
-
-
70,121.00
**Restricted**
**funds**
Restricted funds
-
27,583.83
22,600.00
-
-
4,983.83
**Total**
**97,956.00**
**138,206.13**
**102,347.99**
**-**
**-**
**133,814.14**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**£**
**£**
**£**
**£**
**£**
70,121.00
-
-
510.00
-
30,874.31
90,110.46
90,786.32
(510.00)
-
27,835.00
-
-
-
-
4,983.83
1,000.00
-
-
-|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**£**
**£**
**£**
**£**
**£**
70,121.00
-
-
510.00
-
30,874.31
90,110.46
90,786.32
(510.00)
-
27,835.00
-
-
-
-
4,983.83
1,000.00
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
70,631.00
29,688.45
27,835.00
5,983.83|
|---|---|---|---|
||**133,814.14**
**91,110.46**
**90,786.32**
**-**|**-**|**134,138.28**|
||**97,956.00**
**138,206.13**
**102,347.99**
**-**|**-**|**133,814.14**|
## **11. TRUSTEES AND OTHER RELATED PARTIES**
No payments were made to trustees or any persons connected with them during this financial period. No materialtransaction took place between the organisation and a trustee or any person connected with them.
## **12. RISK ASSESSMENT**
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining thefree reserves stated, combined with the annual review of the controls over key financial systems carried out on an annualbasis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined otheroperational and business risks which they face and confirm that they have established systems to mitigate the significantrisks.
## **13. RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is basedon the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able tocontinue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. TheTrustees will endeavour not to set aside funds unnecessarily.
## **14. PUBLIC BENEFIT**
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that arefor the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trusteesconfirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding whatactivities the charity should undertake.
Page 10 of 10
Document Details
IP 169.254.254.2 Time stamp 2026-04-13 15:56:56 Email mssteer@aol.com Name AnnualReport_03262026 Browser & Version Document History Document AnnualReport_03262026 created. 13-04-2026 14:40 Signer Malcolm added to the document 13-04-2026 14:40 AnnualReport_03262026. Reminder set to the document 13-04-2026 14:45 AnnualReport_03262026. Document has sent for signature to Malcolm 13-04-2026 14:45 (mssteer@aol.com).