Chaiity registration number 1119560
Company registration number 06212770 (England and Wales)
KINGS COMMUNITY CHURCH (SOUTHAMPTON)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Caladine
Chartered Certified Accountanls

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr I Chiddle
Ms E Curtayne
Mr P Grant
Mr R Hemming
Mr S Mclntyre
Mrs H Quarshie
Mr J Tieacher
Mr I Conabeer
Charity number
1119560
Company number
06212770
Registered office
Sovereign Place
Upper Northam Road
Hedge End
Southampton
Hampshire
S030 4BZ
Audltor
SumerAudit
Piper House
4 Dukes Court
Bognor Road
Chichester
Wesl Sussex
P019 8FX
Bankers
Barclays Bank plc
PO Box612
Barclays House
Southampton
Hampshire
BX3 2BB
Triodos Bank NV
Deanery Road
Bristol
BS15AS

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent audilols report
Statement of financial activities
10- 11
Balance sheet
Slalement of ¢ash flows
15
Notes lo the financial statements
16-36

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The truslees presenl their annual report and financial statements for the year ended 31 March 2025.
The financial slatements have been prepared in accordance with the accounting policies sel out in note 1 to the
rinancial slalemenls and comply with the charity's Memorandum and Articles of Association, the Companies Act
2006 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 Republic of
Ireland (FRS 102}" (effective 1 January 2019}.
Objectives and activities
The trustees regularly review the aims, objectives and activities of the charity. They have considered the Charity
Commission's general guidance on public benefit and its supplementary guidance on the advan￿ment of religion
for the public benefit.
King's Community Chur¢h Isouthamptonl is a member of the national body of the Evangelical Alliance, as well as
being a part of the New Frontiers and Calalysl groups of churches. The Church is best described as a bible
believing charismatic Christian church. As such. its highest purpose is lo honour Jesus Christ as Lord by seeking to
love and serve God, each other in the church and those in the world around us. Specifically we aim lo..
En¢ourage spiritual growth in Christ.
Provide pastoral care and fellowship.
Provide opportunities lo develop ministry ability and setvice.
Outreach in the community around us.
Engage in international mission.
We seek to further these objects by providing meetings for corporate worship, fellowship and prayer. MoTe inlimale
fellowship and sharing opportunities come in the regular connect group meetings. There are specific training
courses for new Christians and for various ministry ski115 useful in the church.
We have a number of aclivilies for young people from the church and local community. These include events for
youth and primary school aged children, Chuckles for parents and toddlers, as well as small group meetings for
bible study and worship. Our aim is lo make all these meetings relevant lo young people so that they are able lo
Come to a personal experience of the love of God and find expression for their faith in him.
Our outreach to the community includes a ministry for the elderly, a food cenlre, as well as a variety of events that
will appeal lo those who are unchurched. Church members are involved in various voluntary groups, Charitable
organisations and also direct evangelical enterprises lo win people lo Christ. Again, our purpose is for people of all
ages to come to a place of faith in Christ.
The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities Ihe
charity should undertake.
Grant making policy
The trustees consider the making of grants to be an effective way of providing support primarily to overseas
churches. In conjunction with the elders they review commitments each year as part of the budget setting process.
If additional needs arise, these are presenled lo the church and an offering is taken up.
Applications for grants are not invited.
Volunteers
The church is involved in a wide range of ministry to the local community and internationally. This would not be
possible without the voluntary efforts of 3 large number of the church's members and the trustees are grateful for all
the lime they have given. oflen sacrificially.
Achievements and performance
2024- 2025 was another strong year for King s Community Church. Attendance at both Ihe 9:15am & 11am Hedge
End Sunday meeting5 reached ils highest ever levels. Every Sunday from January 2025 to March 2025 was above
900 in total across the 2 Hedge end congregations plus Tolton.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
On several occasions the lolal lopped 1,000. Tollon has grown lo around the 80 mark on a regular basis. It has
been agreed lo launch Tollon as a 5elf-governing church (Bridge Church Tollonl next financial year as of Th
September 2025. 11 will exist as a CIO. Hope City {Weston> has already been established as a CIO and so exists
legally and financially as a separate entity. Andy Johnston, however, as the Senior Leader of Kings Community
Church continues to provide coaching and mentoring to Dave Williams (Team Leaderl and the rest of the Hope City
team.
The establishment of Hope City Church and the planned launch of Bridge Church Tolton are two of the big
successes of King's Community Church in recent years. In the vision to reach the whole of the Solent it is
imperative to have local expressions of Church as well as a large attractional model al Hedge End.
The children's and youth work of the Church has continued to grow as the prioriiy of serving and equipping the next
genefalion has continued lo be emphasized. On Sundays there are regularly in excess of 150 children in our pre-
school and primary school activities. In addition, Tuesday night youth gathers around 100 teenagers on a weekly
basis. The highlight of the youth programme is Newday, a summer camp to which the Church look 90 youn9 people
in August 2024.
In January 2025 a vison was laid before the Church to see £1 million cleared from our mortgage with Triodos Bank.
The plan is for this lo be achievèd over 3 Special Offerings in March 2025, October 2025 and Mar¢h 2026. The first
of the Special Offerings raised £340,000 and so the Church is on target lo raise the full amount in due course.
In addrtion, the sale of Glenbourne (a house owned by the Church) for £508,000 has released £300,000 into over-
payment of the mortgage with the remainder of the money going into funding core costs and improvement lo the
Hedge End Sile. The long term aim of reducing our mortgage costs is to be able lo make more money available for
serving the communities across the Solenl.
We look the sad decision to close part of our elderly ministry due lo the increased skills, training and experience
required of the team. Those attending wefe increasingly fragile and the requirements were becoming unachievable
with unpaid slaff.
The construction of a sensory room has been delayed. The Trustees have decided to pause the project until the
financial picture is clearer due lo significant increases in the build cosls. 11 is our hope that this project will be
completed within the next financial year.
The community outreach of the Church has also increased and diversified in the period 2024-25. The Food Centre
has continued lo serve families in food crisis. However. in addition lo this, a Food Pantry has been created which
offers £5 for 16 item5 of food over 6 - 12 months lo families who need longer term help. Over 1.000 people have
been supported through this programme. and 4 families have been able lo move on from the Pantry as they have
become more financially stable. In addition, the Church has partnered with Growing Hope a national charity) lo
establish Growing Hope Solent. Growing Hope Solenl a5 a CIO working in close co-operation with King's
community Church will support families which have children with additional needs providing holistic and whole
family therapy (occupational Iherapy, play therapy, speech and language therapy elcl. This will be achieved through
our Hedge End facilities (Family Hub and our Sensory Room which will be built toward the end of 20251.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial ￿vIeW
A subslanlial proportion of the church's income comes from the regular giving of its members for which the elders
and trustees are extremely grateful. This exceeded expectations and was £1,235,603 an increase of 50/0 from the
previous year {2024'.£1,173,969}
Special Offering 2025 was £213,909 and was raised solely to overpay on the mortgage. This was made possible
due to the sale of Glenbourne of which £200,000 was used to cover the core costs that the special offering is
normally used for.
Our conferencing and cafe activity has performed well and achieved a profit of £43,60812024-. £82,608). Income
was broadly similar, although cost of sales was higher than the previous year. The main difference for the lower
profit this year was due to increased recharged lo KCCE from KCC which included shared costs of ongoing building
costs. These recharges have been eliminated from the consolidated figures.
Expenditure has been kept constantly under review with the priority being lo continue as much ministry as possible
within the bounds of financial prudence.
As outlined in last year's accounts, one of the goals for this financial year was to sell Glenboume. We are pleased lo
report that this was sold in March 2025. It was sold for £508,000, with £300.000 going lo Triodos as an ovérpayment
on the mortgage and £200,000 (after fees) available lo the church lo help cover ils core Costs.
ReseNes
The total funds held by Ihe charitable group at the balance sheet dale are £3,411,194 (2024.. £3,388,938). Included
in this are £114,29912024'. £113,339} held in restricted funds and £2.933.12212024. £2,844.9531 held in designated
funds.
The trustees have considered a number of factors in reviewing the level of reserves required..
The current economic climate
The level of regular giving by church members
The requirement for working capital
The amount of reserves tied up in fixed assets
The ability lo raise additional funds should the Church face financial difficulty
The trustees consider that Ihe level of free resetves, after allowing for unrestri¢ted reserves lied up in fixed assets
and investments, should be between one and three months expenditur8.
Free reserves are £315,576 for the Church and £361,666 for the group, which is around 2.5 months of expenditure.
The trustees have a risk management strategy that includes an annual review of the principle risks and
uncertainties facing the charity and ils subsidiaries and the eslablishmenl of polioes and procedures to miligale
those risks.
Plans for future periods
The trustees feel we are well placed to continue our growth strategy and fulfil our mission of preaching the gospel
across the Solenl area.
Our objectives for the coming year are..
To see significant numerical growlh through people coming to faith in Jesus.,
To hold large scale evenls at Christmas and Easter. reaching and impacling the community,.
To raise £1 m in our Special Offering campaign "£1 m to reach 1 million people"
To start the build of the sensory room project",
Continue to overpay on the mortgage.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure. governance and management
The church was originally established by a Declaration of Trust daled 20 January 1986 and the assets and liabilities
were transferred lo Kings Community Church ISoulhamplon}, a company limited by guarantee, on 1 April 2008 in
order to improve Ihe administration of the charily.
The trustees, who are also the directors for the purpose of company law. and who served during the year and up to
the dale of signature of the financial statements were..
Mr I Chiddle
Ms E Curtayne
Mr P Grant
Mr R Hemming
MsSLau
Mr S Mclnlyre
Mrs H Quarshie
Mr J Treacher
Mr I Conabeer
(Resigned 5 November 2024)
The elders of the church are the members of the company and they appoint the trustees, who remain in office
thereafter. The trustee5 of the charity are drawn from the active members of the church with the appropriate skills
for Board membership.
None of the Irustees has any beneficial interest in the company.
The elders of the church are the members of the company and guarantee to contribute £1 in the event of a winding
The training of elders and trustees is discussed at their meetings and the church budget includes provision for the
costs of any required training lo be met.
The Injstees focus their attention on slralegi¢ and policy issues including key financial decisions. The day lo day
management of the charity is delegated to a management team consisting of Andrew Johnston, Chris Johnston and
Emma Roberts. Spiritual matters are overseen by the elders of the church. The trustees meet from time lo time
with the elders lo ensure that strategy and policy are consislenl with Ihe spiritual aims of the church.
The elders of the ¢hurch during the year were.
Sam Afari
Christopher Allison
John Banks
Nicholas Brennan
Martin Hughes (resigned 1 April 2024)
Andrew Johnston
Christopher Johnston
Victor Lau
Maurice Redmill (resigned 24 November 20241
Tom Williams
The remuneration of key management is reviewed annually by the Trustees. Each role within the church is subjed
lo an evaluation process thal considers its responsibilities and the skills and experience required to fulfil it. Pay
scales are wmpared with the market and similar organisalions. Pay levels are generally set below the average for
the private & public sectors.
The Trustees have adopled the Charity Governance Code and used an assessment lemplale to understand the
current level of compliance. An improvement action plan has been prepared and progress will be monitored during
the coming year.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The church has one wholly owned subsidiary. KCC Enterprises Ltd, which undertakes commercial activities on
behalf of the church.
Asset Cover for funds
Note 27 sets out an analysis atlribulable to the various funds and a description of Ihe trusts. These asset5 are
sufficient to meet the charity s obligations on a fund by fund basis.
Auditor
The auditor, SumerAudit, is deemed to be re-appointed under $48712) of the Companies Act 2006.
D16closure of Infomiatlon to audltor
Each of the Trustees has confirmed that there is no Information of which they are aware which is relevant to the
audit, bul of which the auditor is unaware. They have further confirmed that they have taken appropriate sleps to
identify any such relevant information and to establish that the auditor is aware of such information.
This report has been prepared in accordance with the special provisions relating to small compani85 Within Part 15
of the Companies Act 2006.
The trustees, report was approved by the Board of Trustees.
Mr J Treacher
Trustee
Dale:
l.l..l.i!.Iz02£...

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees. who are also the directors of Kings Community Chufch (Soulhamplon) for the purpose of company
law, are responsible for preparing the Trustees, Report and the fi'nancial slalemenls in accordance with applicable
law and United Kingdom Accounting Standard5 {Uniled Kingdom Generally Accepted Accounting Praclicel.
Company Law requires the trustees to prepare financial slatemenls for each financial year which give a true and fair
view of the slate of affairs of the charily and of the incoming resources and application of resources, induding the
income and expenditure, of the charitable company for Ihat year.
In prepanng Ihese financial slatementS, the trustees are required to-.
select suitable accounling policies and then apply them consistently.,
observe the methods and principles in Ihe Charities SORP-,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards have been followed, subjed lo any material departures
disclosed and explained in the financial slalemenls; and
prepare the financial statements on the going ¢on¢ern basis unless il is inappropriate lo presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any lime the financial position of the charity and enable them to ensure Ihal the financial slalements comply with the
Companies Act 2006. 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.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF KINGS COMMUNITY CHURCH (SOUTHAMPTON)
Opinion
We have audited the financial statements of Kings Community Church (Southamplon} (the 'charily'} for the year
ended 31 March 2025 which comprise Ihe statement of financial aclivilies, the balance sheet, the statement of cash
flows and the noles to the financial statements. including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and
Republic of Ir81and (United Kingdom Generally Accepted Accounting Practice}.
In our opinion, the financial statements..
give a true and fair view of the state of Ihe charitable company and group's affairs as at 31 March 2025 and of
ils incoming resources and application of resotjrces, including its income and expenditure, for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi¢e',
and
have been prepared in accordance with the requirements oflhe Companies Act 2006.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS {UK)l and applicable
law. Our responsibilities under those standards afe further described in the A(Iditorfs responsibili118s for th8 aiidit ol
the financial statements section of our report. We are independent of Ihe charity in accordance with the ethical
requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concem
In auditing the financial slatemenls, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating lo events or
ondilions that, individu211y or collectively, may cast significant doubl on the charity's ability lo continue as a going
¢on¢ern for a period of at least twelve months from when the financial statements are authorised for Issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in thé
relevant sections of this report.
Other information
The truslees afe responsible for the other informalion. The other information comprises the information included in
the annual report, other than the financial Statements and our auditor's report thereon. Our opinion on the financial
statements does not cover the other information and, except to the extent otherwise explicitly slated in our report,
we do not express any form of assurance conclusion Ihereon.
In connection with our audit of Ihe financial slalements. our responsibility is to read the other information and, in
doing so, consider whelher the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstalemenls, we are required to determine whether Ihere is a material
misstatement in the financial statements or a material misstalemenl of the other information. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing lo report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the truslees, report for the financial year for which the financial statements are
prepared, which includes the directors. report and Ihe strategic report prepared for the purposes of company
law, is consistenl with the financial statemenls",
the strategic report and the directors. report included within the Iruslees, report have been prepared in
accordance with applicable legal requirements.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF KINGS COMMUNITY CHURCH {SOUTHAMPTON)
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained in Ihe course of the
audit, we have not identified material misslatemenls in the strategic report or the directors, report included within the
trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us lo report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequale for our audit have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of trustees, remuneration specified by law are not made., or
we have nol received all Ihe information and explanations we require for our audit.
the Iruslees were not entitled to prepare the financial statements in accordance wilh the small companies
regime and lake advantage of the small companies, exemptions in preparing the trustees, report and from the
requirement lo prepare a strategic report.
Responsibilities of trustees
As explained morè fully in the statement of trustees, responsibilities, the Iruslees, who are also the directors of the
harily for the purpose of company law, are responsible for the preparation of the financial slalements and for being
satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary to
enable the preparation of financial statements that are free from material misslalemenl, whether due to fraud or
error. In preparing the financial slatemenls, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going
concern basis of accounting unless the Iruslees either intend lo liquidate the charitable company or to cease
operations, or have no realistic alternative bul to do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from
material misslatemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS {UK} will always dele¢t a material misstalemenl when it exists. Misstatements ¢an arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to inlluence
the economi¢ decisions of users laken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, lo delect material misstatements in respect of irregularities, induding
fraud. The extent lo which our procedures are capable of detecting irregularilies, including fraud, is detailed below.
Identification and assessment of irregularities including fraud
In identifying and assessing risks of material misslalemenl in respect of irregularities, including fraud and non-
compliance with laws and regulations, our procedures included the following..
Obtaining an understanding of the legal and regulatory framework that the charity operales in, focusing on
those laws and regulations that had a direct effect on the financial statements and operations.,
Obtaining an understanding of the charity's policies and procedures on fraud risks, including knowledge of
any actual, suspected or alleged fraud.,
Discussing among the engagement team how and where fraud might occur in the financial statements and
any potential indicators of fraud Ihrough our knowledge and understanding of the company and our sector-
specific experience.
As a result of these procedures, we considered Ihe opportunities and incentives that may exisl within the
association for fraud. We are also required to perform specific procedures lo respond to the risk of management
override_ As a result of performing the above, we identified the following areas as those most likely to have an
impact on the financial statements- health & safety and employment law, as well as compliance with the UK
Companies and Charities Acls.

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF KINGS COMMUNITY CHURCH (SOUTHAMPTON)
In addition lo the above. our procedures to respond lo risks identified included the following-
Making enquiries of managemenl about any known or 5uspecled instances of non-compliance with law5
and regulations and fraud-,
Reviewing minutes of Ineelings of the board and senior management.
Reading correspondence with regulators
Challenging assumptions and judgements made by management in their significant accounting eslimales.,
and
Auditing the risk of manag8menl overrlde of controls, includlng through te51ing journal entrles and other
adjuslmenls for appropriateness.
Due lo the inherent limitations of an audit. Ihere is an un8voidable risk Ihal some material misstatements in the
financial statements may not be d8t8cled, even though the audit is properly planned and performed in accordanca
with the ISAS IUK}. For inslanGe, the further removed non-compliance is from the events and Iransaclion5 reflected
in the financial slalemenls, the less likely Ihe auditor is Ic become aware of il or lo rècognise the non-compliance.
A further description Gf our responsibilities is available on the Financial Reporting Council's website al.. htlps'.11
www.frc.org.uklaudilorsr8sponsibililies. This déscription forms part of our auditor's report.
Use of our rèport
Thi5 report is mède solely to the charitable company's members, as a body, in acco[dan￿ wilh Chapter 3 of P3rt 16
of the CofflpaTries Act 2006. Our audit work has been undertaken so thal we mlghl stale lo Ihe charitable company's
members those mallers we are required lo slate lo them in an auditor's report and lor no other purpose. To the
fullest extent permilled by law. we do not accept or assume responsibility lo anyone other than the chadiable
cornpany and the charitable company's membeT5 a5 a boily, lor our dudil work, for this report, 01 for the opiriion5 we
have formed.
Robln Evans BA FCA CTA DChA {Senlor Statutory Auditor)
for and on behalf of Sumer Audlt
Chartefed Certified Accountants
Slalutory Auditor
Piper House
4 Dukes Court
8ognor Road
Chi¢hesler
Wesl Sussex
P0198FX
Sumer Audit 13 a trading name of Surner Audilco Limited

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
STATEMENT OF FINANCIAL ACTIVITIES {CONSOLIDATED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restrictsd
funds
funds
2025
2025
Total
Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from:
Donations and
legacies
Charitable activities
Other trading
activities
Investments
Other income
1,316,224
30,637
60,035
905
1,376,259
31.542
1,137,243
46.010
59,726
570
1,196,969
46,580
291,409
4,645
53,665
291,409
4,645
53,665
295,941
3,213
114,977
295,941
3.213
114.977
Total Income
1,696,580
60,940
1.757,520
1,597,384
60,296
1,657,680
nditure on:
Raising funds
204,671
204,671
198,730
198,730
Charitable activities
1,460,453
70.140
1,530,593
1,334,305
72,505
1,406,810
Total expenditure
1,665,124
70,140
1,735.264
1,533.035
72,505
1,605,540
Net incominglloutgoingl
resources before
transfers
31,456
{9,200)
22,256
64,349
(12,209)
52,140
Gross transfers
between funds
25
110,160)
10,160
1,263
(1,263)
Net income for the yearl
Net incomel(expenditure}
for the year
Net movement in funds
21,296
960
22,256
65,612
113,472}
52,140
Fund balances at 1 April
2024
3,275,599
113,339
3.388,938
3,209.987
126,811
3,336,798
Fund balances at 31
March 2025
3.296,895
114,299
3,411,194
3,275,599
113,339
3,388,938
All income and expenditure derive from continuing aclivilies.
The statement of financial aclivilies also complies with the requirements for an income and expendilure accounl
under the Companies Act 2006.
10-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
STATEMENT OF FINANCIALACTIVITIES (CHARITY ONLY)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestri¢ted Restricted
funds
funds
2025
2025
Total
Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from:
Donations and
legacies
Charitable activities
Investments
Other income
1,316,224
30,637
88,306
96,795
60,035
905
1,376,259
31,542
88,306
96.795
1,137,243
46,010
79,085
129,579
59,726
570
1,196,969
46,580
79,085
129,579
Totsl income
1,531,962
60,940 1,592,902
1,391.917
60.296
1,452,213
Ex
endlture on:
Charitable activities
1.480.453
70,140
1,530,593
1,334,305
72,505
1,406,810
Totsl expenditure
1,460,453
70,140
1,530,593
1.334,305
72,505 1,406,810
Net incorningl{outgoingl
re$ourGes before
tran3fer3
71,509
(9,200}
62,309
57,612
112,209)
45.403
Gross transfers
between funds
25
(10,160}
10,160
1,263
(1,263>
Net Income for the yearl
Net incomellexpenditurel
for the year
Net movement in funds
61,349
960
62,309
58,875
{13,472}
45,403
Fund balances at 1 April
2024
3,187,350
113,339 3,300,689
3,128,475
126,811
3,255,286
Fund balances at 31
March 2025
3,248,699
114,299 3,362,998
3,187,350
113,339
3,300,689
All income and expenditure derive from continuing activities.
The slatement of financial activities also complies with the requirements for an income and expenditure account
under the CompaniesAcl 2006.
11

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
BALANCE SHEET {CONSOLIDATED)
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
Investment property
17
4,743,617
4,781,017
495,000
4,743,617
5,276,017
Current assets
Stocks
Debtors
Cash al bank and in hand
19
20
3,272
124,987
670,367
2,581
113,423
521,427
798,626
637,431
Creditors: amounts falling due wlthln
one year
22
(169,254}
{157,452}
Nel current assets
629,372
479,979
Total assets less current liabilities
5.372,989
5,755,996
Creditors: amounts falling due after
more than one year
21
{1.961,795}
12,367,058)
Net assets
3,411,194
3,388,938
Income funds
Reslricled funds
Unreslrict
Designated funds:
Fixed Asset fund
Mortgage fund
Sick pay reserve
25
114,299
113,339
2,688,122
228,000
17,000
2,812,953
15,000
17,000
26
2,933,122
363,773
2,844,953
430,646
General unrestricted funds
3,296,895
3,275,599
3,411.194
3,388,938
These financial slalemenls have been prepared in accordance with the provisions applicable lo companies subject
to the small companies regime.
12-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
BALANCE SHEET (CONSOLIDATED)
ASAT31 MARCH 2025
The financial slatements were approved by the Trustees on .l.}.li IJ i&.! &.
Mr J T￿acher
Trustea
Company reglstratlon number 06212770
13-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
BALANCE SHEET (CHARITY ONLY)
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
Investment propety
Investments
17
4,741,511
4,777,858
495,000
1,000
18
1,000
4.742,511
5.273,858
Current assets
Stocks
Debtors
Cash al bank and in hand
19
20
917
161,049
582,003
110,194
438.416
743,969
548.610
Creditors: amounts falling due within
one year
22
(161,687}
(154,721)
Nel current assets
582,282
393,889
Total assets less current liabilities
5,324,793
5,667,747
Creditors: amounts falling due after
more than one year
21
(1,961,795)
12.367,058}
Net assets
3,362,998
3.300,689
Income funds
Restricted funds
Unreslricled funds
Designated funds..
Fixed Asset fund
Mortgage fund
Sick pay reserve
25
114,299
113,339
2,688,122
228,000
17,000
2,812,954
15,000
17,000
26
2.933,122
315,577
2,844,954
342,396
General unreslricled funds
3,248,699
3.187,350
3,362,998
3.300,689
14-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash Ilows from operating activities
Cash generated from operations
31
151,424
240,101
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of investment
property
Investment income received
{102,962)
{6,809}
501,096
4,645
3,213
Net cash generated fromllused in)
Invèsting activities
402,779
{3,5961
Financing activities
Repayment of bank103ns
(405,2631
{77.8991
Net cash used In flnanclng actlvltles
(405,263)
177,899)
Net increase In cash and cash equivalenls
148,940
158,606
Cash and cash equivalents at beginning of year
521,427
362,821
Cash and cash equivalents at end of year
670,367
521,427
15-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Company information
Kings Community Church (Southampion) is a private company limited by guarantee incorporated in England
and Wales governed by ils Memorandum and Articles ofAssociation dated 13 April 2007. The registered office
is Sovereign Place, Uppei Northam Road, Hedge End. Soulhampton, Hampshire. S030 48Z.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ("FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Slalement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Slandard applicable in the UK and Republic of Ireland (FRS 1021" (effeclive 1 January 2019). The
charity is a Public Benefit Enlily as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convenlion, modified lo include the
revaluation of freehold properties and lo include investment properties and certain financial instruments al fair
value. The principal accounting policies adopted are sel out below.
1.2 Going concern
Al the lime of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future, and no material
uncertainties exist regarding this assumption. Thus the Iruslees continue lo adopl the going concern basis of
arxounling in preparing the financial statements.
1.3 Charitsble funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been sel aside al Ihe dis¢retion of the Iruslees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Reslricled funds are subject lo specific conditions by donors as lo how they may be used. The purposes and
uses of the reslricled funds are set out in the notes to the financial slalemenls.
1.4 Income
Income including grants is recognised when the charily is legally enlilled to rt after any performance conditions
have been mel, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation lo donations received under Gift Aid or deeds of covenanl is recognised at Ihe lime of the donation.
Legacies are recognised on receipt or otheMise if the charity has been notified of an impending dislribulion,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
conlingenl asset.
16-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies {Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is dassified by activity. The costs of each activily are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable to a single
activity are allocated directly lo that aclivily. Shared costs which contribute lo more than one activity and
support costs which are not altribulable lo a single aclivily are apportioned be￿een those activities on a basis
consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured at cost or valualion. net of
depreciation and any impaiimenl losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following basis..
Freehold land and buildings
Fixtures and fittings
Motor vehicles
24/4 Straight Line
20 % straight Line
20 % Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised in the slalement of financial aclivilies.
Assets purchased are capilalised if they are anticipated lo be used within the Church's activities for at least 12
months, and cost in excess of £1,000 Inel of VAT).
1.7 Investment property
Investment property, whi¢h is pioperty held to earn rentals andlor for capital appreciation, is initially
recognised at cost. which include5 the purchase cost and any directly allributable expenditure. Subsequently
il is measured at fair value at the reporting end dale. The surplus or deficit on revaluation is recognised in
profit or loss.
1.8 Impairment of fixed assets
Al each reporting end date, the charity reviews the carrying amounts of ils tangible assets lo determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extenl of the impairment
loss {if any}.
1.9 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complele and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks lo their present location and condition. Items held for distribution at no or
nominal consideration are measured the lower of replacement C05t and cost.
Net realisable value is the eslimated selling price less all estimated costs of completion and costs to be
incurred in marketing, Selling and dislribution.
17

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policios (Continued)
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, olher short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in Gurrent liabilities.
1.11 Financial instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with Ihe nel amounts presented in the financial slatemenls, when
there is a legally enforceable right lo sel off the recognised amounts and Ihere is an intention lo sellle on a net
basis or lo realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured al the present value of the future receipts discouriled at a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
Baslc financial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement conslilules a financing transaction, where Ihe debt instrument is measured al the present
value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using thé effective interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquired in th8 ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially al
transaction price and subsequently measured at amortised cost using the 8ffeclive interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.12 Employee benefits
The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.13 Rets￿ment benefits
Payments to defined contribution retirement benefil schemes are charged as an expense as Ihey fall due.
18-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Critical accounting estimates and judgements
In the application of the charity's accounting policies. the Irustees are required to make judgemenls, eslimales
and assumptions aboul the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ Irom these estimates.
The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
19-

o(0
¢ri (o
O) O Ln

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Other trading activities
Unrestricted Unrestricted
funds
funds
2025
2024
Non-charitable trading activities via subsidiary company
291,409
295,941
Investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
4,645
3.213
The charity only Slalemenl of Financial Activities also includes distributions received from the trading
subsidiary of £83,661 12024.. £75,872).
Other income
Unrestrlcted Unrestricted
funds
funds
2025
2024
Net gain on disposal of tangible fixed assets
Car park rental and miscellaneous income
Office rent income
6.096
34,902
12,667
27,744
87,233
53,665
114,977
The charity only Slalemenl of Financial Activities also includes a recharge lo the subsidiary for rent, utilities
and adminislralion support of £43,12912024-. £14,602).
22-

KINGS COMMUNITY CHURCH {SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Trading costs
Operating Irading company undertaking non-charitable trading activity
Staff costs
Support costs
69,489
133,169
2,013
86,441
104,839
7,450
204.671
198.730
Charltable activities
Church Youth Work Communitylntsrnational
Activities
outreach
outreach
Total
2025
Total
2024
2025
2025
2025
2025
Staff costs
Activities undertaken
directly
Pastoral costs
Office and
adminislralion costs
Property & equipment
running and
maintenance
342,561
79,524
42,821
6,117
471,023
454,159
42,144
2,684
37,116
130
144,236
163
6,622
230,118
2,977
115,427
3,922
6,577
46
1,937
8,560
7,139
97.869
2,650
13,647
10
114,176
82,955
491,835
119,468
202,804
12,749
826,854
663,602
Grant funding of
aGtivities {see note 10)
9,104
100
35,827
45.031
69,978
Share of support costs
{see note 111
Share of governance
costs (see note 11)
436,863
106,042
81,237
11,317
635,459
653,680
15,983
3,880
2.972
414
23,249
19,550
953,785
229,388
287,113
60,307 1.530,593
1,406,810
Analysis by fund
Unreslricted funds
Reslricted funds
950,581
3,204
229,388
251,870
35,243
28,614 1,460,453
31,693
70,140
1,334.305
72,505
953,785
229,388
287.113
60,307 1,530,593
1,406,810
-23-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitsble activities (Continued)
Forthe year ended 31 Marth 2024
Church Youth Work Communitylnternational
Activities
outreach
outreach
Totsl
2024
Staff costs
Aclivilies undertaken direclly
Pastoral costs
Office and administration costs
Property & equipment running and
maintenance
330,298
45,538
3,453
4,944
76,676
38,727
52
{23)
41,287
27,437
417
2,190
5,898
3,725
454,159
115,427
3,922
7.139
28
74,325
1,762
6.865
82.955
458,558
117,194
78.196
9,654
663,602
Grant funding of activities (see note 101
8.627
4,823
56,528
69,978
Share of support costs (see note 11 }
Share of governance costs (see note 111
440.322
13,169
121.234
3,626
83,029
2,483
9,095
272
653,680
19,550
920,676
242,054
168,531
75,549 1,406,810
Analysis by fund
Unrestricted funds
R8Stricled funds
915,984
4,692
242,054
132.352
36,179
43,915 1.334.305
31.634
72.505
920,876
242,054
168,531
75.549 1,406.810
24-

nor
otso

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Support costs
Support Govemance
costs
costs
2025
Support Governance
costs
costs
2024
Staff costs
Oepreciation
Olher costs
Pastoral costs
Office and adminislralion
costs
Propety & equipment
running and maintenance
Grant r81ated costs
140,698
139,309
12,435
1,220
140,698
139,309
12,435
1,220
135,659
159,319
16,852
902
135,659
159,319
16,852
902
253,355
253,355
262.885
262,885
82,564
5,878
82,564
5,878
70,689
7,374
70,689
7,374
Audit fees
Accountancy
Legal and professional
9.500
15,749
13
9.500
15,749
6,040
14,560
6,400
6,040
14,560
6,400
635,459
25,262
660,721
653,680
27,000
680,680
Anal sed between
Trading
Charitable activities
2,013
23,249
2,013
658,708
7,450
19,550
7,450
673,230
635,459
653,680
635,459
25,262
660,721
653,680
27,000
680,680
12 Trustees
The Articles of Association provide for a minority of Ihe trustees to be paid. None of the Iruslees received any
remuneration during the year for their role as trustees.
During the previous year, one trustee received a payment of £152 for casual work done during the period of
their Irusleeship. In 2024, this was paid through the payroll, and lotalled £1,835.
Emma Curtayne has been employed as a Children's Work and her total remuneration for the year was
£16.718 {2024.' £16,014).
Total expenses of £476 were reimbursed lo trustees, and their felaled parties, for Church running and
operational costs (2024 £4071.
Identifiable donations from trustees, and their related parties, amounled lo £44,677 during the year12024.'
£46,409). This excludes amounts where the donor is nol identifiable, where the donations were given in cash
etc.
-26-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
13 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Church aclivilies
Youth work
Community outreach
Management and administration
Subsidiary companies
Total
20
19
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
674,839
41,606
28,445
634,465
33,483
26,709
744,890
694,657
During the previous year there were redundancy costs of £5.951 {2025.' £nill.
The number of employees whose annual remuneration was more than £60,000
is as follows.
2025
Number
2024
Number
£60,000 10 £70,000
14 Retirement benefit scheme5
Defined contribution schemes
The charity operates a defined contribution pension scheme for all qualfying employees. The 3s5els of the
scheme are held separately from those of the charity in an independently adminislered fund.
The charge to profit or loss in respect of defined contribution schemes was £28,445 {2024-. £26,709).
15 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxalion of Chargeable Gains Acl 1992 lo Ihe extent Ihal these are applied lo ils charitable objects.
-27-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Net movement in funds
2025
2024
The net movement in fvnds is staled after chargingl(crediting}=
Fees payable for the audit of the charity's financial slalemenls
Depreciation of owned tangible fixed assets
Profit on disposal of tangible fixed assets
9,500
140,362
16,096)
6,040
160,372
28-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Tangible fixed assets
Group
Freehold Fixtures and
land and
fittings
buildings
Motor
vehicles
Totsl
Cost
At 1 April 2024
Additions
Disposals
6,169,873
71,766
548,032
31,196
{8,9141
4.000
6,721,905
102,962
{8.914)
At 31 March 2025
6,241,639
570,314
4,000
6,815,953
Depreclatlon and impaimient
Al 1 April 2024
Depreciation charged in the year
Eliminated in respecl of disposals
1,424.614
115,522
512.274
24,840
18,914)
4,000
1.940,888
140,362
(8,914)
Al 31 March 2025
1,540,136
528,200
4,000
2,072,336
Carrying amount
At 31 March 2025
4,701,503
42,114
4,743,617
At 31 March 2024
4,745,259
35,758
4,781,017
Charity only
FreeholdFlxtures and
land and
rittings
buildings
Motor
vehicles
Totsl
Cost
Al 1 April 2024
Additions
Disposals
6,169,873
71,766
502,979
31.196
(8.914}
4,000
6,676,852
102,962
18.914}
At 31 March 2025
6,241,639
525,261
4,000
6,770,900
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
Eliminated in respect of disposals
1,424,614
115,522
470.380
23.787
(8.914}
4,000
1,898,994
139,309
(8,914}
At 31 March 2025
1,540,136
485,253
4,000
2,029,389
Carrying amount
At 31 March 2025
4,701,503
40,008
4,741,511
At 31 March 2024
4,745,259
32,599
4,777,858
-29-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Tangible fixed assets (Continued)
The freehold land and buildings are subjecl to a charge in favour of Triodos Bank NV.
18 Fixed asset investments
Charity only
Investment
Other
propety investments
Total
Cost or valuation
Al 1 April 2024
Disposals
495,000
(495,0001
1,000
496,000
(495,0001
At 31 March 2025
1,000
1.000
Carrying amount
Al 31 March 2025
1,000
1,000
Al 31 March 2024
495,000
1,000
496,000
19 Stocks
Group
2025
Charity
2025
Group
2024
Charity
2024
Finished goods and goods for resale
3,272
917
2,581
20 Debtors
Group
2025
Charity
2025
Group
2024
Charity
2024
Amounts falling due within one year:
Trade deblors
Amounts Dwed by subsidiary undertakings
Other debtors
Prepayments and accrued income
11,488
2,074
46,026
109,733
3,216
23,828
4,055
17,382
76,634
12,123
109,733
3,786
76.634
12,961
124,987
161,049
113.423
110,194
21 Creditors: amounts falling due after more than one year
2025
2024
Notes
Bank loans
23
1,961,795
2.367,058
-30-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Creditors: amounts falling due within one year
Group
2025
Chaiity
2025
Group
2024
Charity
2024
Notes
Bank loans
Other taxation and social security
Trade creditors
other creditors
Accruals and deferred income
23
84.450
16,490
16,771
5,961
45,582
84,450
16,490
15,533
5,961
39,253
84,450
10,654
23,554
4,769
34,025
84,450
10,654
21,873
4,769
32,975
169,254
161,687
157,452
154,721
23 Loans and overdrafts
2025
2024
Bank loans
2,046,245
2,451,508
Payable within one year
Payable after one year
84,450
1,961,795
84,450
2,367,058
Amounts included above which fall due after five years..
Payable by inslalments
892,941
1,060,157
The Church has a long term loan from Triodos Bank NV, which is secured on its freehold land and buildings.
The loan is at a variable interest rale of base rate + 2.750/0 and is repayable on a reducing balance basis. On
9 April 2020 it was agreed that between April 2020 and Maroh 2021 there would be monthly interest only
repayments. There would then be interest and capital repaymen15 until August 2039.
During the year there were inlerest payments on this loan of £185,527 {2024'. £194,680).
24 Operating lease commitments
Al the reporting end dale the charity had outstanding commitments for future minimum lease payments under
non-cancellable operating leases, which fall due as follows..
2025
2024
Within one year
Between two and five years
1,380
2,831
1,380
4.139
4,211
5,519
31

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KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
26 Designated funds
The income funds of the charily indude the following designated funds which have been Set aside out of
unreslricled funds by the Irustees for specific purposes..
Group
Balance at
1 Aprll 2023
Resourcos
axp•nd8d
Transfars
Balance at
1 Aprll 2024
Resourc95
expended
Transfars
Balance at
31 March 202S
Fixed asset
fund
Mortgage
fund
Sick Pay
reserve
2,895,960
{159.319)
76,313 2.812,953
{139.309}
14,478 2,688,122
15,000
15,000
213.000
228,000
17.000
17,000
17,000
2,895,960
(159,319}
108,313 2,844,953
1139,3091
227,478 2,933,122
Charity
Balanca at
1 Aprll 2023
Resourcès
ex￿nded
Transf•r8
Balan¢• at
1 Aprfl 2024
R&sour¢e$
ex￿nded
Transfern
Balance at
31 March 2025
Fixed asset
fund
Mortgage
fund
Sick Pay
reserve
2,895,960
{159,319)
78,313 2.812,953
{139,3091
14,478 2,688.122
15,000
15,000
213,000
228,000
17,000
17,000
17,000
2,895,960
(159,319)
108,313 2,844,953
(139,3091
227,478 2,933,122
The Fixed Asset Fund is a designated fund Ihal represents reserves invested in fixed assets and investments
and, therefore, not generally available for use. The fund balance also accounts lor the balance outstanding on
the mortgage, which is charged against the property. The movements in the year reflect the depreciation
expense, as well as changes in value.
The trustees have also decided lo sel aside funds towards early payment of the mortgage, as well as £17,000
lo cover possible sick pay costs going forward.
-33-

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KINGS COMMUNI￿ CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
28 Subsidiaries
These financial statements are consolidated charity financial statements for Ihe King's Community Church
ISouthamplon} group.
Delails of the charity's subsidiaries at 31 March 2025 are as follows..
Name of undertaking
Registered
office
Nature of business
Class of
sharns held
/• Held
Direct Indirect
KCC Enterprises Ltd
England
Corporate events and running Ordinary
of a cafe
100.00
The results for KCC Enterprises Lld have been consolidated into these accounts. wilh ¢harity-only figures
shown for Clarity.
In the charily-only Balance Sheet, Ihe investment is slated at cost. The registered office of KCC Enterprises is
Ihe same as the parent. Its company number is 7992952.
The accounts for KCC Enterprises Ltd show the following information al 31 March 2025 and for the year then
ended..
Total assets
Total liabilities
Total funds
102,789
153,593
Total turnover
Total expenditure
ProfiV{Loss) for the year)
291.410
{247,802}
29 Related party transactions
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
2025
2024
Aggregale compensation
124,201
146.225
During the year the spouse of a trustee was employed, in operational Church duties. The salary paid for the
period in question was £28,015 (2024.. £19,842).
During the year the Church received £83.661 {2024'. £75,872) as a dislribution from KCC Entery)rises Ltd,
100.10 subsidiary. The Church recharged salary costs of £133,169 12024.. £104,839) to KCC Enterprises Ltd,
as well as a contribution towards ulility and premises costs of £43,129 {2024'. £14,602).
lan Chiddle is a trustee of Care and Relief for the Young Ltd. During Ihe year the Church made donations to
Care and Relief for the Young Ltd of £2,768 {2024'. £12,232) and re￿iVed recharges and rent of £9.039 from
them for office facilities provided {2024'. £2,705).
-35-

KINGS COMMUNITY CHURCH (SOUTHAMPTON)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
30 Analysis of changes in net (debt)Ifunds
At 1 ApTII 2024
Cash flowsAt 31 Mar¢h 2025
Cash at bank and in hand
521,427
148,940
670,367
Loans falling due within one year
Loans falling due after more than one year
(84,4501
12,367,058)
(84,450)
{1,961,795)
405,263
11,930,081)
554,203
(1,375,878)
31 Cash generated from operations
2026
2024
Surplus for the year
22,256
52,140
Adjustments for..
Investment income recognised in statement of financial activities
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
14,6451
16,0961
140.362
13,2131
160,372
Movements in working capital..
{Increase) in stocks
Ilncreaselldecrease in debtors
In¢reasellde¢reasel in creditors
{6911
{40.2081
40,446
11,8071
111.888
{79.279}
Cash generated from operallons
151,424
240,101
38-