SUTTON CHRISTIAN CENTRE TRUST FANANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER Z025
SUTTON CHRISTIAN CENTRE TRUST LEGAL, ADMINISTRATIVE AND PROFESSIONAL INFORMATION Board Antony Horswood Mike Ikwuemesi Richard Langley (resigned 13 May 2025) Seyi Obakin Company Secretary Seyi Obakin Church Admlnlstrator Allison Marsh Reg15tered Office 25 Tate Road Siitton. Surrey SMI 2SY Reglstratlon detalls liegistered Charity No - l 115813 Company Registration No- 5878906 Solicitor5 Broadfield UK One Bartholomew Close London ECIA 7BL Bankers Metro Bank 83.87 High Street Sutton SMI IIF Lloyd TSB Bank plc 49 High Street Sutton SMI IDX Kingdom Bank Mere Way Nottingham NGII 6IS Independent Examlners ICS Accolintants Ltd 5 Robin Hood Lane Sutton Surrey SMI 2SW Contents Report of the Directors Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts Page io 11-17
SUTTON CHRISTIAN CENTRE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 OCTOBER 2025 The Directors. who are also trustees of the charity, present their annual report and the financial statements for the year ended 31 October 2025, which comply with current statutory and accounting requirements. About Sutton Christian Centre Trust and its principal activities Sutton Christian Centre Trust is a registered charity legally organi5ed in the form of a company limited by guarantee and governed by its Articles of Association. The Board of Twstees are the members of the company and their liability in the event of the company being wound up is limited to £1 each. The company was incorporated on 17 july 2006 to take over the activities of Sutton Christian Centre Trust, a registered charity created by a trust deed dated 31 December 1985. The company became a registered charity (Charity Number 1115813) in England and Wales on 15 August 2006, its overall purpose being to proclaim the gospel of jesus Christ. Its charitable objectives are to advance the Christian faith in the United Kingdom or overseas. to further religious or secular education, to give relief to the poor and needy, and to help and comfort the sick and aged. The Directors seek to achieve the company's charitable objectives by maintaining a centre of worship and fellowship. by regularly meeting for fellowship and prayer, by the bapfising of believers by total immersion, by the dedication of infants and by the solemnisation of Inarriages. We run Sunday meetings where we preach the gospel. teach from the Bible and pray. The Church is split into small groups for pastoral care, we provide a wide range of activities for children and young adults. we reach out to those in our community with 3 learning disability through our monthly Cornerstone meetings and we reach out to Sutton's elderly through our ROSE ministries- a coordinated ministry with a specific vision to reach the elderly in our community for Christ. We host other activities to which all in our community are welcome. Governance The Coinpany is controlled by a Board of Directors who also serve a5 trustees of the Charity. The Directors set out the vision. direction and strategies for the successful fulfilment of the compaiiy's purposes and continuing development, in consultation with the Elders. The Elders are responsible for the spiritual leadership of the church. Directors and Elders are volunteers and do not receive any remuneration for their service. The current membership of the Board of Directors Is set out in the Legal, Administrative and Professional Information page of these financial statements. New Directors are appointed by the existing Directors. The Directors receive training by holding regular accountability sessions with our apostolic cover. Ray Djan, and holding Away Days. The Directors are supported in their role by a Board of Deacons who oversee the day-to-day adtninistration of the Company and ensure that the policies set out by the Directors are implemented. Deacons are elected by the church members to serve a term oftwo years each and can be re-elected. They do not receive any remuneration for their service. Grant maklng pollcy The recipients of grants are usually organisations or individuals known to church members and grants given are approved by Directors andlor Deacons. The amounts earmarked to be given but not yet passed over to recipients at the year.end are set aside in the reserves. Investment powers and policy Directors have powers to invest surplus funds at their absolute discretion. Funds in excess of our day to day needs are held in bank deposits with UK banks. The Directors believe this represents the best balance of good returns. good service and a safe place to keep our money. Riskassessment The Directors examine regularly the major risk5 facing the company and ensure that systems are
SUTTON CHRISTIAN CENTRE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 OCTOBER 2025 established to enable the necessary steps to be taken to lessen these risks. Review of the Year This year we continued to hold our services in the church buildin& and we recorded services and streamed them on YouTube. This helped many people who could not attend or preferred to stay at home during this period, and it a150 enabled us to reach people who do not normally attend Sutton Christian Centre. In November 2024 we commissioned two new Elders- Vicky Ikuemesi and Ric Adams. They have been a great blessing and help to the Elders team and therefore the church. We continued to articulate our vision using our mission which is.. To be a loving family church, where people of all ages, races. cultures. abilities, and backgrounds can experience the love of jesus, be transformed by His word, discover their Calling, and lovingly serve and connect others to Christ In practical terms this is Shown strongly through our small groups, called Connect Groups, who met together regularly, primarily via Zoom. and who contacted and helped people in their groups. Running the meetings via Zoom appears to have enabled more people to attend and some groups increased the number of meetings that they had. These groups are vital and continue to play a particularly important role in church life. It is where strong relationships are built. prayer needs are met, people grow and develop. The leaders of these groups are essential to tlie health of the chiirch, and we thank them for their service and dedication. The church in Tate Road started on the 31st December 1898 so we celebrated our 125th Anniversary on 31st December 2023 and had many events through the year, finishing our celebrations in this financial year with a meal for our seniors. Prayer is an essential element of any church. There is a lot of prayer through the Connect Groups, the Wednesday prayer meeting and we have a prayer chain where we can get prayer requests out to everyone in the church very quickly. We have a monthly church prayer meeting in addition. A group which has really flourished is the ladies, meetings. The meetings have been incredibly positive with ladies being blessed and greatly encouraged. A men's meeting has now been established. and it is in the early stages of development. Our youth has really flourished under the leadership of John. They meet on Sundays and on the first Friday of every month. It is a blessingto see them growing in faith and See it transferred into helping on Sundays. One of the highlights olthe year was a youth camp which had them spending a lot of time with other Christians and having bible explanations. They handed their mobiles in. They came back with amazing testimonies which we enjoyed on a Sunday morning such as: .1 did not want to leave as I made great Friends. I did not need my mobile as I talked to others. The teaching was great., l am a changed person., A very successful camp. We held a baptismal where 6 people got baptized including four of our youth, then that afternoon we hosted Olive Tree Church to come alon& and they had 16 people baptised. We have established a meeting called Cornerstone which is specifically aimed at adults with learning difficulties. This meetin& which takes place on the second Sunday of each month, is meetinga real need and thosewhoattend arevery blessed. Duringtheyear. the meetingwent from strength to Strength.
SUTTON CHRISTIAN CENTRE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 ocfoBER 2025 On Sundays there is a real squeeze to get the creche. beginners. Kings Club {which has also had increased numbers). and the youth on the premises at the same time. Despite these difficulties much care and nurturing have taken place through the dedicated teams. The church continues to give IO% of its incorne to missions and also has a tund to help those in need. One of the charities we give to in India has helped thousands of children and adults and we rejoice in God's goodness and pray for a continued blessing on all involved in this work. We also had qui2 night with proceeds going to the Tobi Adeyemi Foundation, as well as a Harvest Festival service where we collected food for the Sutton Food Bank. This year we hosted an art exhibition which was mainly painting and photographs by member of the church. It was a blessing to see so much talent, and we did get visitor5 coming in. We aim to do this again in the next financial year. At Christmas, a special offering wa5 taken as usual, and the money was given to those who needed help. This was organized by our deacons, and we thank them for their service. Thisyearwe had ourcar park repaired with tsrniacand we had a new house boiler. The front room of the house wa5 painted. thank you Alison. The church has a wonderful and dedicated group of leaders and staff, and this year, the role of those who broadcast our service5 has been especially crucial. We sincerely thank each one For all that they do. We are also blessed to have Ray Djan as our covering apostle, supporting and guiding the elders. and we thank him for his service. As the year progressed, we were able to give many the opportunity to speak or lead during our Sunday mornin8 services. We have so much talent and ability throughout the cliurch. We will continue this policy of giving people opportunitie5 and marvel that God has brought people with such gifts to us. The church also has a great worship team, and worship is a strong part of our culture. These dedicated people give their time and talent to us week after week, leading us again and again into God's presence. The church has been known for many years as the church that goes to elderly folks, homes which we did for nearly 50 years and saw 100.5 make decisions to accept lesu5 as their Lord and Saviour. COVI D meant that we could no longer visit homes, but we are so pleased that Mercia Macdonald has taken the challenge and now several horne5 have renewed visits and services. During the financial year some associated with Sutton Christian Centre went to be with their Lord and Saviour. They include Rosie Redpath and Glady5 Wiltshire who had been members for many years. We also mention Edwin Belcher who had been a deacon at the church and a leader in our children andyouth workformanyyears. and Rita Bottwhowasourpastor's wife foragood number ofyears while at Sutton Christian Centre. We have four people trained in the Christians Against Poverty (CAP) system and we ran seminars and provided personal prartical help - especially usefvl during a time of national cost of living pressures. We are running this course through some of our Connect Groups. Thank you to Anne Page and the team. We have Table Tennis, Shape, Tate Road Tots, as activities taking place at the church midweek. These activitie5 are open to the community at large. We also have people who are street pastors and some ofmembers who help atsutton Food Bank
SUTTON CHRISTIAN CENTRE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 OCTOBER 2025 Our premisesare used byAge UK and Through the Roofas a hall fortrainingand staffmeetings and a150 35 a voting centre for various elections. We also host Taking Action which is a theatre group for disabled adults. In December 2024 we were again invited to sing carols at Sutton United Football Club before a home match. We are blessed to have Ric, Allison, and john as staff. We thank them for all that they do often going "far beyond." We also thank our deacons for all the work they do often voluntarily, unseen but vital for the health and wellbeing of the fellowship. Publlc Benefit Sutton Christian Centre has a strong belief that we should benefit the community and that we are community Minded. The trustees have had regard to the Charity Commission's guidance on public benefit when considering their activities. Various artivities oFdirect benefit to the public have been covered in this report. Flnanclal review and reserves At the end of thi5 financial year. unrestricted funds amounted to £997,148 of which £234,279 is freely available and £762,869 is invested in fixed a55ets, including the church building at Tate Road. The building was professionally re-valued at £700,000 in October 2007 and this was treated as deemed cost on transition to FRS 102. Restricted funds include £90.572 donated towards the development of the church building in due course. In order to ensure that the trust can continue to operate effectively should it experience a significant drop in income, it must hold reserves at a level that the Directors consider to be sufficient. The Directors adopt a risk-based approach to determining the minimum reserves that would be required to sustain the charity over twelve months. Thus, each line of income and expenditure budger was risk-adjusted. resulting in a need to hold a minimum of £38,075 in free reserve. Based on the budget for 2025126. this is equivalent to around 12 weeks of expenditure. However, additional reserves are needed to replace fixed assets at the appropriate time and the Directors would like to gradually build up reserves to enable the charity to purchase a new building or redevelop Tate Road. Statements of Dlrectors, Responslbllltles The directors (who are also trustees of Surton Christian Centre Tnjst for the purposes of company law) are responsible for preparing the Directors. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prartice). Company law require5 the directors to prepare financial staternents for each financial year which gives a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing those financial statements, the Directors are required to: Select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP- make judgetnents 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 the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also
SUTTON CHRISTIAN CENTRE TRUST REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 OCTOBER 2025 responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included in the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may difFer from legislation in other jurisdictions. This report has been prepared in accordance with the special provisions relating to small companie5 Within Part 15 of the Companies Act 2006. Approved by the Board on "1 thLy 2L and signed on its behalfby.. Antony Horswood
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUTTON CHRISTIAN CENTRE TRUST FOR THE YEAR ENDED 31 OCTOBER 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025 set out on pages 9 to 17. Responsibilities and ba515 of report As the 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 Art,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charites Act 2011 ('the 2011 Act.). In carryir)g out my examination I have followed the directions given by the Charity Commission under section 145(5)(bJ of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm 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 Company as required by Section 386 of the 2006 Act,. or the 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 'irue 2nd fair view, which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of 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). 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. Paul Newton FCA JCS Accountants Ltd trading as Xeinadin 5 Robin Hood Lane Sutton Surrey SMI 2SW Date.. £0 L( 20?C
SUTTON CHRISTIAN CENTRE TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025 2025 Rertrlrted 2024 Total Note Unrestrtrted Total Incorne from Donations Investment income Other Total income 125,715 1,339 7.448 134,502 8,289 134,004 1,339 7.448 142,791 157.855 1,155 2,003 161,013 8,289 Expendlture on Charitable activities Governance costs Total expendlture 137,374 1,524 138.898 7.269 144,643 1.464 146.167 164,272 1,440 165,712 7,269 Net expendlture (4,396) 1,020 (3,376) (4,699) Transfers (3,576) 3,576 Net movement In funds (7.972) 4.596 (3.376) (4,699) Reconclllatlon of funds Funds brought forward 1,001.544 89,627 1,091,171 1,095,870 Funds carrled forward 993.572 94,223 1,087,795 1,091,171 All of the above results relate to continuing activities.
SUTTON CHRISTIAN CENTRE TRUST BALANCE SHEET AS AT 31 OCTOBER 2025 COMPANY REGISTRATION NUMBER: 5878906 2025 2024 Note Fixed Assets Tangible Assets 762,869 761,016 Current A55ets Debtors and prepayments Cash at bank and in hand 17,404 311,247 328.651 31.250 302,595 333.845 Creditors: Amounts falling due within one year 3,725 3,690 Net current a55ets 324,926 330,155 Total assets less current Ilabllltle5 1,087,795 1,091,171 Total Funds Restricted funds Unrestricted funds 94,223 993,572 89,627 1,001,544 Total reserves 1,087,795 1,091,171 For the year endin8 31 October 2025. the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No member of the Company has deposited a notice. pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006. The directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the fii)ancial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to small accounts, so far as applicable to the company. These financial Statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the CoTnpanies Act 2006. These finartcial statements were approved and authorised for issue by the Board of Directors on and signed on their behalf by: IJl 2026 Antony Horswood io
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 ACCOUNTING POLICIES a) Basls of Preparation & A55essrnent of Going Concern The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The riftancial statements have been prepared in accordance with the Companies Act 2006; Charities Act 2011: 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 I january 20 19} and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) The Charity meets the definition of a public benefit entity under FRS102. It IS 2 charitable company limited by guarantee with registered office of 25 Tate Road, Sutton, Surrey, SM12SY. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. Assessment of GoSng Concern Preparation of the accounts is on a going concern basis. The directors consider that there are no material uncertainties about the Charity's ability to continue as a going concern. b) Fixed assets Assets piirchased or donated for charity use are included in the balance sheet at their cost or the Directors estimation of cost. c) Depreclatlon Freehold land is not depreciated. Depreciation on freehold property 15 considered to be immaterial as the estimated residual value of the property is higher than the carrying value. Depreciation is charged on a straight.line basis to write off the cost of other tangible fixed assets over their useful economic lives at the following annual rates: Building improvements Industrial boiler Furniture and Equiprnent Motor vehicles 15 years 15 years 4years 4 years d) Income Income is accounted for when the conditions of entitlemen¢ probability and measurability are met. e) Expendlture Expenditure is accounted for on a payable basis and has been analysed between- (1] Charitable activities - all expenditure in accordance with the objects of the charity. Governance costs- all expenditure to comply with statutory and legal requirements. li
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 fj Grants Grants payable are charged in the year when the offer is conveyed to the recipient. Amounts earmarked as grant payable but for which recipients are yet to be decided and/or notified are included in designated reserves. g) Taxatlon The charitable company is exempt frorn corporation tax on its charitable activities. h) Financial instruments The charity has only financial assets and liabilities of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value. l) Cash & cash equlvalents Cash at bank and iii hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening the deposiL l) Credltors and provlslon Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount EXPENDITURE 2025 2024 Direct activities Grant fundin Governance Total Totsl Grants made (note 7) Personnel costs Ministries Support services Property costs Office expense5 Depreciation Examination fee 17.590 17,590 77,521 16,287 2,205 11.406 7,338 12.296 1,524 146.167 41,140 73,063 10,763 2,722 17,055 7,704 11,825 1,440 165,712 77,521 16.287 2,205 11,406 7.338 12,296 1,524 1,524 127.053 17,590 12
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 EMPLOYEE INFORMATION 2025 Number 2024 Number Staff numbers FLIII time Part time The staffcosts forthe above persons were.. 2025 2024 Staff costs Salaries Social security Costs Pension costs 74,884 1,079 1.558 77,521 71,133 496 1,434 73,063 There were no employees with emoluments above £60.000. Dlrectors and deacons No Directors or Deacons received remuneration, except Mike Ikwuemesi, who was paid £660 {2024.. E660) for website support. The Memorandum of Association permits a minority of the Directors to be paid for services supplied to the charity. The Key Management Personnel are the Directors and Deacons. Theabove remuneration were the only remunerations paid to Key Managernent Personnel. A grant was given to Connections Trust, a charity registered in England of £3.000 {2024.. £3.500). Tony Horswood. a Director, is also a Trustee of this charity. In addition, one Director (2024.. one) received reimbursed expenses of £30 for worship team, and two Deacons (2024: two) received reimbursed expenses of£459 (2024- £4138) forworship team, catering, digital media, evangelism, 125 celebration and mileage. The trustees gave unrestricted donations of £4,120 {2024-£8,740) during the year. There were no other related party transactions. 13
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 TANGIBLE ASSETS Freehold ro Bulldlng rovements Furnlture & ment Total Cost At l November 2024 Additions Disposals At 31 October 2025 700.000 128,960 11.595 96,649 2.554 925,609 14.149 700,000 140,555 99,203 939,758 Depreclatlon At l November 2024 Charge for tlie year Disposals At 31 October 2025 74,791 8.430 89,802 3,866 164,593 12.296 83,221 93.668 176,889 Net book value At 31 October 2025 700.000 57.334 5.535 762.869 At 31 October 2024 700,000 54,169 6,847 761,016 The freehold property. the church premises at 25 Tate Road, Sutton. Surrey SMI 2SY, was valued by the Directors on an open market basis on l November 1996 when the property was included in the accounts for the first time at £200,000. It was re-valued in October 2017 at £700,000. At transition to FRS 102, this value was treated as deemed COSL DEBTORS 2025 2024 Other debtors Prepayments 14.867 2,537 17.404 28.528 2,722 31,250 CREDITORS 2025 2024 Other creditors Accruals 1.384 2,341 3.725 1.054 2,636 3.690 14
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 GRANTS MADE 2025 2024 No. To advonce the Chrlstlon religion To organisations.. A55emblies of God Christian Solidarity Worldwide Cambodia Action Sutton Schools Christian Workers Trnst 12 12 12 12 180 300 300 1.200 1.980 12 12 12 12 180 435 345 1,200 2,160 To encourage Chrlstian MissionaryActlvity To organisations: Connections Trust Living Word Ministries Street Pastors . Mitcham Street Pastors - Sutton Sub-total 3,000 3,000 3,500 3,500 12 600 6.600 12 600 7.600 To individuals Funds donated specifically to support T&L Lewry s mission in Brazil 2,162 3,184 2,658 11,420 25,692 36,476 To glve rellef to the poor & needy and comfort the slck & aged To organisations.. Beachy Head Chaplaincy Foodbank Sutton Tobi Adeyemi Foundation Through The Roof Tear Fund British Heart Foundation Teen Challenge 12 13 300 700 12 12 300 600 107 60 12 240 120 12 300 1,379 12 300 1.660 12 Funds donated specifically to support various individua15 2.530 4.190 1,125 2,504 Total grant5 made 17,590 41,140 15
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 FUNDS l November 2024 31 October 2025 Income Ex enditure Unrestricted funds Income funds 1,001.544 134,502 (138,898) (3,576J 993,572 Restrlrted funds For poorand needy For onward transmission For T&L Lewry's mission to Brazil New building fund 2,972 2.359 (2,480) 2,851 1.388 1,544 (2,132) 800 {5,305) 90,572 4,386 (2,657) 3.576 90.572 Total funds 1.091,171 142,791 146,167 1,087,795 A transfer has been niade frorn the general fund to the Lewry's fund in respect of gift aid claimed on gifts received during 2024 that was shown as general incorne in the 2024 accounts. Below was the position at 31 October 2024: l November 2023 31 October 2024 Income Ex endlture Unrestrlcted funds Income funds 999,989 137,822 (136.267) 1,001,544 Restrlcted funds For poorand needy For onward transmission ForT&L Lewry s mission to Brazil New building lund 2,581 1,441 (1,050) 2,972 1,336 2,755 (2.703) 1,388 1.392 90,572 18.995 [25,692) (5.305) 90,572 Total funds 1,095,870 161.013 165,712 1,091,171 Restricted funds comprise gifts given to be used in specified church activities or to be passed on. 16
SUTTON CHRISTIAN CENTRE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 ANALYSIS OF NET ASss BETWEEN FUNDS Unrestrirted funds Restricted funds Total Tangible fixed assets Debtors Bank and cash balances Creditors 762,869 17.404 217,024 [3,725) 762.869 17,404 311,247 {3.725) 94.223 993,572 94,223 1,087,795 Below was the position at 31 October 2024 Unrestricted funds Restricted funds Total Tangible fixed assets Debtors Bank and cash balance5 Creditors 761,016 31.2SO 212,968 (3,690) 761.016 31,250 302,595 [3,690) 89,627 1,001,544 89,627 1091.171 io. SOFA COMPARATIVE 2024 Restrlrted Note Unrestrlcted Total Income from Donations Investment income Other Total Income 134.664 1,155 2,003 137.822 23,191 157,855 1,155 2,003 161,013 23.191 Expendlture on Charitable activities Governance costs Total expendlture 134.827 1,440 136.267 29.445 164,272 1,440 165,712 29,445 Net income/(expendlture) 1.555 (6.254) (4,699) Reconclllatlon of fund5 Funds brought forward 999.989 95,881 1.095,870 Funds carrled forward 1.001.544 89,627 1,091,171 L7