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||**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|





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|**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|





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|**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|





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|**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|






## 

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|**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|






## 

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|**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|





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|**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|





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||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|





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||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|





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||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|





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||2025|2024|
|---|---|---|
||£|£|
|Depreciation of tangible fixed assets|79,258|52,821|
|Loss / (gain) on disposal of tangible fixed assets|-|1,775|



## 



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||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|||





## 

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||2025|2024|
|---|---|---|
||£|£|
|Investments brought forward|150,000|134,000|
|Revaluation|______ 16,000||
||150,000|150,000|





## 

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||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|





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|||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|





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||**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|





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||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|



## 



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||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||



## 



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||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|



## 

##