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2025-12-31-accounts
|
Page |
| Charity Reference and Administrative Details |
1 |
| Trustees’ Annual Report |
2-10 |
| Independent Auditor’s Report |
11-13 |
| Statement of Financial Activities |
14-15 |
| Balance Sheet |
16-17 |
| Statement ofCash Flows |
18-19 |
| Notes to the Financial Statements |
20 - 35 |
| GROUP |
|
|
|
|
|
|
|
|
2025 |
|
2024 |
|
|
Unrestricted |
Restricted |
|
|
|
|
funds |
funds |
Total |
Total |
|
Note |
£ |
£ |
£ |
£ |
| Income and endowments from: |
|
|
|
|
|
| Donations and legacies |
3 |
1,565,669 |
27,777 |
1,593,446 |
1,306,684 |
| Conference Centre |
4 |
65,866 |
- |
65,866 |
82,210 |
| Other trading activities |
|
155,781 |
- |
155,781 |
157,014 |
| Investments |
|
1,615 |
- |
1,615 |
2,678 |
| Total income and endowments |
|
1,788,931 |
27,777 |
1,816,708 |
1,548,586 |
| Expenditure on: |
|
|
|
|
|
| Conference Centre |
6 |
58,872 |
- |
58,872 |
42,443 |
| Charitable activities |
7 |
1,488,850 |
17,934 |
1,506,784 |
1,382,079 |
| Governance Costs |
8 |
73,291 |
- |
73,291 |
99,631 |
| Total expenditure |
|
1,621,013 |
17,934 |
1,638,947 |
1,524,153 |
| Net income |
|
167,918 |
9,843 |
177,761 |
24,433 |
| Transfer between funds |
|
207,606 |
(207,606) |
- |
- |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
7,758,812 |
575,972 |
8,334,784 |
8,310,351 |
| Total funds carried forward |
|
8,134,336 |
378,209 |
8,512,545 |
8,334.784 |
| CHARITY |
|
|
2025 |
|
2024 |
|
Note |
Unrestricted funds |
Restricted |
|
|
|
|
|
funds |
Total |
Total |
|
|
£ |
£ |
£ |
£ |
| Income and endowments from: |
|
|
|
|
|
| Donations and legacies |
3 |
1.565,669 |
27,777 |
1,593,446 |
1,306,684 |
| Other trading activities |
5 |
155,781 |
- |
155,781 |
165,014 |
| Investments |
|
1,615 |
- |
1,615 |
2,678 |
| Total income and endowments |
|
1,723,065 |
27,777 |
1,750,842 |
1,474,376 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
|
1,488,850 |
17,934 |
1,506,784 |
1,366,079 |
| Governance Costs |
|
67,794 |
- |
67,794 |
93,594 |
| Total expenditure |
|
1,556,644 |
17,934 |
1,574,578 |
1,459,673 |
| Net income |
|
166,421 |
9,843 |
176,264 |
14,703 |
| Transfer between funds |
|
207,606 |
(207,606) |
- |
- |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
7,749,686 |
575,972 |
8,325,658 |
8,310,955 |
| Total funds carried forward |
|
8,123,713 |
378,209 |
8,501,922 |
8,325,658 |
| Year Ended 31 December 2025 |
|
|
|
|
|
2025 |
2024 |
| GROUP |
|
|
|
|
Note |
£ |
£ |
| Fixed assets |
|
|
|
| Tangible assets |
14 |
9,306,819 |
8.387,771 |
|
|
9,306.819 |
8,387,771 |
| Current assets |
|
|
|
| Debtors and Prepayments |
16 |
209,415 |
90,124 |
| Cash at bank and in hand |
|
824,959 |
974,126 |
|
|
1,034,374 |
1,064,250 |
| Creditors: amounts falling due within one year |
17 |
(782,713) |
(748,136) |
| Net current assets |
|
251,661 |
316,114 |
| Total assets less current liabilities |
|
9,558,480 |
8,703,885 |
| Creditors: amounts falling due after more than one year |
18 |
(1,045,935) |
(369,101) |
| Net assets |
|
8,512,545 |
8,334,784 |
| Charity Funds |
|
|
|
| Restricted funds |
19 |
378,209 |
575,972 |
| Revaluation Reserve |
20 |
1,175,126 |
1,175,126 |
| Unrestricted funds |
20 |
6,959,210 |
6,583,686 |
| Total charity funds |
20 |
8,512,545 |
8,334,784 |
| Year Ended 31 December 2025 |
|
|
|
|
|
2025 |
2024 |
| CHARITY |
|
|
|
|
Note |
£ |
£ |
| Fixed assets |
|
|
|
| Tangible assets |
15 |
9,275,828 |
8,368,869 |
| Investments |
13 |
150,000 |
150,000 |
|
|
9,425,828 |
8,518,869 |
| Current assets |
|
|
|
| Debtors and Prepayments |
16 |
200,113 |
86,395 |
| Cash at bank and in hand |
|
737,196 |
825,014 |
|
|
937,309 |
911,409 |
| Creditors: amounts falling due within one year |
17 |
(815,280) |
(735,519) |
| Net current assets |
|
122,029 |
175,890 |
| Total assets less current liabilities |
|
9,547,857 |
8,694,759 |
| Creditors: amounts falling due after more than one year |
18 |
(1,045,935) |
(369,101) |
| Net assets |
|
8,501,922 |
8,325,658 |
| Charity Funds |
|
|
|
| Restricted funds |
19 |
378,209 |
575,972 |
| Revaluation Reserve |
20 |
1,175,126 |
1,175,126 |
| Unrestricted funds |
|
6,948,587 |
6,574,560 |
| Total charity funds |
|
8,501,922 |
8,325,658 |
| Year Ended 31 December 2025 |
|
|
|
|
|
2025 |
2024 |
| GROUP |
Note |
£ |
£ |
| Cash flow from operating activities |
22 |
224,184 |
154,234 |
| Interest paid |
|
(35,084) |
(9,717) |
| Net cash flow from operating activities |
|
189,100 |
144,517 |
| Cash flow from investing activities |
|
|
|
| Payments to acquire tangible fixed assets |
|
(998,307) |
(535,474) |
| Receipts from sales of tangible fixed assets |
|
- |
- |
| Interest received |
|
1,615 |
2,678 |
| Net cash flow from investing activities |
|
(996,692) |
(532,796) |
| Cash flow from financing activities |
|
|
|
| Bank loan advances received |
|
700,000 |
450,000 |
| Repayment of long term loans |
|
(41,575) |
(28,710) |
| Net cash flow from financing activities |
|
658,425 |
421,290 |
| Net increase / (decrease) in cash and cash equivalents |
|
(149,167) |
33,011 |
| Cash and cash equivalents at beginning of year |
|
974,126 |
941,115 |
| Cash and cash equivalents at end of year |
|
824,959 |
974,126 |
| Cash and cash equivalents consists of: |
|
|
|
| Cash at bank and in hand |
|
824,959 |
974,126 |
| Cash and cash equivalents at end of year |
|
824,959 |
974,126 |
| Year Ended 31 December 2025 |
|
|
|
|
|
2025 |
2024 |
| CHARITY |
Note |
£ |
£ |
| Cash flow from operating activities |
23 |
262,724 |
115,134 |
| Interest paid |
|
(35,084) |
(9,717) |
| Net cash flow from operating activities |
|
227,640 |
105,417 |
| Cash flow from investing activities |
|
|
|
| Payments to acquire tangible fixed assets |
|
(975,498) |
(530,542) |
| Receipts from sales of tangible fixed assets |
|
|
|
| Interest received |
|
1,615 |
2,678 |
| Net cash flow from investing activities |
|
(973,883) |
(527,864) |
| Cash flow from financing activities |
|
|
|
| Bank loan advances received |
|
700,000 |
450,000 |
| Repayment of long term loans |
|
(41,575) |
(28,710) |
| Net cash flow from financing activities |
|
658,425 |
421,290 |
| Net increase / (decrease) in cash and cash equivalents |
|
(87,818) |
(1,157) |
| Cash and cash equivalents at beginning of year |
|
825,014 |
826,171 |
| Cash and cash equivalents at end of year |
|
737,196 |
825,014 |
| Cash and cash equivalents consists of: |
|
|
|
| Cash at bank and in hand |
|
737,196 |
825,014 |
| Cash and cash equivalents at end of year |
|
737,196 |
825,014 |
|
2025 |
2024 |
|
£ |
£ |
| Gift Aid donations |
892,217 |
869,277 |
| Gift aid |
212,577 |
218,796 |
| Donations |
425,718 |
168,299 |
| Grant funding |
62,934 |
50,312 |
|
1,593,446 |
1,306,684 |
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Conference Centre Income |
42,626 |
58,199 |
|
Catering |
1,440 |
1,251 |
|
Family Centre Room Hire |
21,800 |
22,760 |
|
|
65.866" |
82,210 |
|
All income was attributable to unrestricted funds. |
|
|
| 5 |
Income from other trading activities |
|
|
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Community & Other Ministries |
128,687 |
132,580 |
|
Young People |
19,603 |
24,434 |
|
Rental Income |
7,491 |
8,000 |
|
|
155,781 |
165,014 |
|
2025 |
2024 |
|
£ |
£ |
| Catering |
9,099 |
8,686 |
| Postage, Stationery and Advertising |
13 |
41 |
| Hire of Equipment |
- |
142 |
| Web Page, Internet and Computer expenses |
2,689 |
2,698 |
| Bank Charges |
108 |
106 |
| Licence fee for use of premises |
3,347 |
4,144 |
| Depreciation - Fixtures and Fittings |
10,720 |
7,605 |
| Property repairs and maintenance |
9,123 |
1,489 |
| Salaries |
23,773 |
17,532 |
|
58,872 |
42,443 |
|
Grant funding of |
Support costs |
2025 |
2024 |
|
activities |
|
|
|
|
£ |
£ |
£ |
£ |
| Property - repairs and maintenance |
60,674 |
- |
60,674 |
73,178 |
| Catering |
19,826 |
- |
19,826 |
16,969 |
| Salaries |
276,461 |
455.418 |
731,879 |
610,923 |
| Licences |
15,436 |
- |
15,436 |
17,412 |
| Media Department |
11,905 |
- |
11,905 |
72,124 |
| Renewal Global |
47,941 |
- |
47,941 |
69,456 |
| Pastoral Care |
4,838 |
- |
4,838 |
2,468 |
| Free Methodists UK |
22,176 |
- |
22,176 |
22,146 |
| Youth |
48,555 |
- |
48,555 |
67,564 |
| Children |
8,704 |
- |
8,704 |
4,559 |
| Travelling |
1,653 |
- |
1,653 |
1,145 |
| Training and Courses |
12,676 |
- |
12,676 |
12,082 |
| Special Events |
10,337 |
- |
10,337 |
17,752 |
| Visiting Speakers |
79,679 |
- |
79,679 |
30,896 |
| Other Ministries |
42,660 |
- |
42,660 |
52,187 |
| Household and cleaning |
80,811 |
4,253 |
85,064 |
78,986 |
| Rates and Water |
3,957 |
208 |
4,165 |
4,233 |
| Insurance |
34,729 |
1,828 |
36,557 |
28,790 |
| Light and Heat |
68,616 |
3,611 |
72,227 |
52,259 |
| Hire of Premises |
20,806 |
- |
20,806 |
25 904 |
| Web Page and Internet |
17,773 |
- |
17,773 |
8,204 |
| Depreciation - Fixtures and fittings |
51,509 |
- |
51,509 |
32 476 |
| Depreciation - Motor Vehicles |
229 |
- |
229 |
286 |
| Hire of Equipment |
- |
- |
- |
9,124 |
| Telephone |
- |
18,586 |
18,586 |
16,013 |
| Post and Stationery |
- |
5,341 |
5,341 |
7,956 |
| Depreciation - Equipment |
- |
2,428 |
2,428 |
2,065 |
| Sundry |
- |
4,628 |
4,628 |
4,558 |
| Depreciation - Computer equipment |
- |
14.371 |
14,371 |
10,389 |
| (Gam) Loss on disposal of fixed assets |
- |
- |
- |
1,775 |
| Staff Entertaining |
- |
332 |
332 |
- |
| Bank Charges and Interest |
- |
53,829 |
53,829 |
28,200 |
|
941,951 |
564,833 |
1,506,784 |
1,382,079 |
| Governance costs |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Salaries |
52,647 |
82,843 |
| Accountancy |
8,532 |
6,037 |
| Auditors Fees |
7,358 |
7,155 |
| Professional Fees |
4,754 |
3,596 |
|
73.291 |
99,631 |
|
2025 |
2024 |
|
£ |
£ |
| Depreciation of tangible fixed assets |
79,258 |
52,821 |
| Loss / (gain) on disposal of tangible fixed assets |
- |
1,775 |
|
2025 |
2025 |
|
2024 |
2024 |
|
Number |
FTE |
|
Number |
FTE |
| Raising funds |
15 |
|
12 |
15 |
12 |
| Charitable activities |
21 |
|
13 |
22 |
14 |
| Governance |
3 |
|
3 |
2 |
2 |
| Total |
39 |
|
28 |
39 |
28 |
|
2025 |
2024 |
|
£ |
£ |
| Wages and salaries |
846,729 |
796,580 |
| Social security |
88,892 |
62,480 |
| Defined contribution pension costs |
41,551 |
37.022 |
|
977,172 |
896,082 |
|
|
2025 |
2024 |
|
|
Number |
Number |
| £70,001 |
- £80,000 |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Investments brought forward |
150,000 |
134,000 |
| Revaluation |
______ 16,000 |
|
|
150,000 |
150,000 |
|
Freehold |
Equipment |
Fixtures and |
Computer |
Motor |
|
|
Property |
|
fittings |
equipment |
vehicles |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Cost or valuation: |
|
|
|
|
|
|
| At 1 January 2025 |
7,907,840 |
24,821 |
740,675 |
91,846 |
10,655 |
8,775,837 |
| Additions |
966,141 |
1,278 |
23,411 |
7,476 |
|
998,306 |
| Disposals |
|
|
|
|
|
|
| At 31 December 2025 |
8,873,981 |
26,099 |
764,086 |
99,322 |
10,655 |
9.774,143 |
| Depreciation: |
|
|
|
|
|
|
| At 1 January 2025 |
- |
11,405 |
308,134 |
59,017 |
9,511 |
388,067 |
| Charge for the year |
- |
2,429 |
60,751 |
15,849 |
229 |
79,258 |
| Eliminated on disposals |
- |
- |
- |
- |
- |
- |
| At 31 December 2025 |
- |
13,834 |
368,885 |
74,866 |
9,740 |
467,325 |
| Net book value |
|
|
|
|
|
|
| At 31 December 2025 |
8,873,981 |
12,265 |
395,201 |
24,456 |
915 |
9,306,818 |
| At 31 December 2024 |
7,907,840 |
13,416 |
432,541 |
32,829 |
1,144 |
8,387,770 |
|
2025 |
2024 |
|
£ |
£ |
| Land and buildings |
|
|
| Freehold |
8,873,981 |
7,907,840 |
|
2025 |
2024 |
|
Land and |
Land and |
|
buildings |
buildings |
|
£000 |
£000 |
| Cost |
6,599,874 |
6,599,874 |
| Accumulated impairment losses |
- |
|
| Accumulated depreciation |
2__L |
|
| Net book value |
6,599,874 |
6,599,874 |
|
|
Freehold |
Equipment |
Fixtures and |
Computer |
Motor |
|
|
|
Property |
|
fittings |
equipment |
vehicles |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Cost or valuation: |
|
|
|
|
|
|
|
| At 1 January 2025 |
|
7,907,840 |
24,821 |
649,090 |
87,787 |
10,655 |
8,680,193 |
| i Additions |
|
966,141 |
1,278 |
4,337 |
3,741 |
- |
975,497 |
| Disposals |
I |
|
- |
- |
- |
- |
- |
| At 31 December 2025 |
< |
8,873,981 |
26,099 |
653,427 |
91,528 |
10,655 |
9,655,690 |
| Depreciation: |
|
|
|
|
|
|
|
| At 1 January 2025 |
|
|
11,405 |
234,441 |
55,967 |
9,511 |
311,324 |
| Charge for the year |
|
- |
2,429 |
51,509 |
14,371 |
229 |
68,538 |
| Disposals |
|
- |
- |
- |
- |
- |
- |
| At 31 December 2025 |
|
- ' |
13,834 |
285,950 |
70,338 |
9,740 |
379,862 |
| Net book value: |
|
|
|
|
|
|
|
| At 31 December 2025 |
|
8,873,981 |
12,265 |
367,477 |
21,190 |
915 |
9,275,828 |
| At 31 December 2024 |
|
7,907,840 |
13,416 |
414,649 |
31,821 |
1,144 |
8,368,870 |
|
2025 |
2024 |
|
£ |
£ |
| Land and buildings: |
|
|
| Freehold |
8,873,981 |
7,907,940 |
|
2025 |
2024 |
|
Land and |
Land and |
|
buildings |
buildings |
|
£ |
£ |
| Cost |
6,599,874 |
6,599,874 |
| Accumulated impairment losses |
|
|
| Accumulated depreciation |
- |
|
| Net book value |
6,599,874 |
6,599,874 |
|
GROUP |
|
CHARITY |
CHARITY |
|
2025 |
2024 |
2025 |
2024 |
|
£ |
£ |
£ |
£ |
| Trade debtors |
45,180 |
47,349 |
36,983 |
35,620 |
| Prepayments and other debtors |
164,235 |
42,775 |
163,130 |
50,775 |
|
209,415 |
90,124 |
200,113 |
86,395 |
|
GROUP |
GROUP |
CHARITY |
CHARITY |
|
2025 |
2024 |
2025 |
2024 |
|
£ |
£ |
£ |
£ |
| Trade creditors |
306,881 |
46,241 |
305,177 |
46,241 |
| Social security & other taxes |
22,576 |
20,399 |
19,250 |
14,226 |
| Other creditors |
383,215 |
602,079 |
427,077 |
601,311 |
| Accrued expenses |
36,262 |
27,228 |
29,997 |
21,552 |
| Bank loans |
33,779 |
52,189 |
33,779 |
52,189 |
|
782,713 |
748,136 |
815,280 |
735,519 |
|
GROUP |
GROUP |
CHARITY |
CHARITY |
|
2025 |
2024 |
2025 |
2024 |
|
£ |
£ |
£ |
£ |
| Bank loans |
1,045,935 |
369,101 |
1,045,935 |
369,101 |
|
1,045,935 |
369,101 |
1,045,935 |
369,101 |
|
Balance at |
|
|
Revenue |
Capital |
Balance at |
|
1 January |
Income |
Loan Drawn |
Expenditure |
Expenditure |
31 December |
|
2025 |
|
|
|
|
2025 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Vision |
545,714 |
- |
700,000 |
- |
(907,606) |
338,108 |
| Toy Offering |
3,500 |
- |
- |
(3,500) |
- |
- |
| Relief Fund |
23,421 |
27,777 |
- |
(11,097) |
- |
40,101 |
| Savings |
3,337 |
- |
- |
(3,337) |
- |
- |
|
575,972 |
27,777 |
700,000 |
(17,934) |
(907,606) |
378,209 |
|
Unrestricted |
Revaluation |
Restricted funds |
|
|
funds |
Reserve |
|
Total |
|
£ |
|
£ |
£ |
| Fixed assets |
8,131,693 |
1,175,126 |
- |
9,306,819 |
| Cash and current assets |
656,165 |
- |
378,209 |
1,034,374 |
| Current liabilities |
(782,713) |
- |
- |
(782,713) |
| Non-current liabilities |
(1,045,935) |
- |
- |
(1,045,935) |
| Total |
6,959,210 |
1,175,126 |
378,209 |
8,512,545 |
|
Unrestricted |
Revaluation |
Restricted funds |
|
|
|
funds |
Reserve |
|
Total |
|
|
£ |
|
£ |
___ £___ |
: |
| Fixed assets |
8,250,702 |
1,175,126 |
- |
9,425,828 |
|
| Cash and current assets |
559,100 |
- |
378,209 |
937,309 |
|
| Current liabilities |
(814,514) |
- |
- |
(814,514) |
|
| Non-current liabilities |
(1,045,935) |
- |
- |
(1,045,935) |
|
| Total |
6,948,587 |
1,175,126 |
378,209 |
8,502,688 |
|
|
2025 |
2024 |
|
£ |
£ |
| Net income / (expenditure) for year |
177,761 |
24,432 |
| Interest receivable |
(1,615) |
(2,678) |
| Finance costs |
35,085 |
9,717 |
| Depreciation and impairment of tangible fixed assets |
79,258 |
52,821 |
| (Profit) / loss on disposal of tangible fixed assets |
- |
1,775 |
| (Increase) 1 Decrease in debtors |
(141,157) |
(6,813) |
| Increase / (Decrease) in creditors |
74,853 |
74,980 |
| Net cash flow from operating activities |
224,185 |
154,234 |
|
2025 |
2024 |
|
£ |
£ |
| Net income 1 (expenditure) for year |
177,030 |
14,703 |
| Interest receivable |
(1,615) |
(2,678) |
| Finance costs |
35,085 |
9,717 |
| Depreciation and impairment of tangible fixed assets |
68,538 |
45,216 |
| (Profit) /loss on disposal of tangible fixed assets |
- |
1,775 |
| (Increase) / Decrease in debtors |
(113,721) |
(24,890) |
| Increase / (Decrease) in creditors |
97,407 |
71,291 |
| Net cash flow from operating activities |
262,724 |
115,134 |