Company registration numbor 06461016 (England and Wales) Charity rngl•tratlon number 1123123 (England And Wales) EQUIPPERS CHURCH BRISTOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Caladine Charlered Certified Accounlanls
EQUIPPERS CHURCH BRISTOL LEGAL AND ADMINISTRATIVE INFORMATION Tru8te•8 S mCk R Davlg8 M Swinburne Awebster M Collard 8•crotary S Dnjmmond Country of Incorpor•tlon Unlled Kingdom (England 8nd Wales) 06461016 Ch•rfty r•gl•tr•tlon England 8nd WaleB 1123123 PrfnElpal •ddr••• 1160 Aztec Weut Jrnond¥bury Brist 8S32 4TF R•Ol•t•r offic• 1160 A2tec West Alrnondsbury 6T16101 BS32 4TF Ind•p•nd•nl •x•mln•r John Caladln? FCCA CTA FCIE Caladine Llmited ChAnlry House 22 Upp8rton Road E8¥lbourne East Sussex BN2118F Bank•r• HSBC 40 HSgh Stra&t Portlshead Br18tol BS20 8EN sollcltorn Geldards LLP Law Flrm Nurnber 1 Pride Place Pride Pot Derby DE24 80R
EQUIPPERS CHURCH BRISTOL CONTENTS Page Tru3tees' report Stat&rnent of tnJ5tees' responylblllYe$ Indapand8nl 8x8rnln8rf8 report St8t•mwt of Ilngnclal Actlvbtle8 8alanc8 sh8at S18tern8nl of ¢a$h flo Nolos lo the financial 8t¥lwnents 9.22
EQUIPPERS CHURCH BRISTOL TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The tnjstees psent their annual rwort and fin8nci31 stBlements for the year ended 31 Decomb8r 2025. The financial statements have been prgpared In 8tt0rdance with the accounting policies set out in note 1 to the finanaal statements and comply with thè Church'5 governing document, ihe Companies Act 2006. FRS 102 The FInan81 Reporting Standard 8ppllcable in the UK and Republlc of Ireland. and the ch8rity.es SORP "kcounting and Reportlng by Charfties.. Statement of Recommended Praclice applicable to ¢hariti05 preparlng their accounis in accordance with the Finanaal Repong Standard appllcable In the UK and Rapublic of Ireland IFRS 1021.. Oblectlv?i and activitle• Equlppers Church Bristol 5$ g vlbr8nt organS8atlon which is part of the Equippers famlly, compri$lng over fjo locallon9 globally vthlch $h8re th$ same vl8lon and valueB. It18 also part of the Acts Chtjrches UK movement. The prnCIp01 alms Bnd obl9c¢lvg¥ ol the church. 89 set out In the Memorandum and Article8 ol As90el8llon Id8tèd 31 Decembgr 2007 and amended by sp8ual resolution t)8cember 20241, are io advanc8 th8 Christian falth. to rèlleve slckness 8nd linanahl hBrd5hlp, to promote and to preserve good h8alth and to advance educallon. The stratagy to achlavè Ih88è objèdveg 1$ to take the truth of the me558ge of Jesus chstand tho t8achlng of the Chrlstian falth and communlc8t8 th¢m In woys rolovant to the cuhure of today. Publ1¢ benelll When planning the ectsvllle5 of Ihe Church tho trust••6 hava glvon duo to the Ch8rtty Comrnlsslon. PLJbliBhed guidance on publlc benefft requirements. In particular, worship sarvi¢ss. kid5, and youth programmes are held lor people 15vlng in the local and th& wldèr communlty. PAStoral cere 18 proved for members d th& church together wllh the local community, Achlev•m•nts and p•rfomianc• Slgnificanl a¢ttvlti8s 8nd 8Ghi8V8manls 89Alnsl objecllves The vision of the charity Is io 'Equip people for 1118 thfouoh falth in Jesus Chrl81'. This Is done prim8rity through Christian events and education. Teaching on th• Christlan f81tt) Is donè through reguIBr Sunday meetings, midwaek events such as eGroups. youth and young Bdults programmas. and through other conferences and events. These actiwlies are open to all. During 2025 the church c£Jnlinued io grow wlh many new lamllies lolnlng thg church. A 8e¢ond Sunday fflornlng servlce was launched durtng 2025 10 18cllllate the gro. We love welcomlng flrst tSme visltors 8nd in 2025 we had 763 new Msitor5 attend our Sunday services. During the year we also cal•bratèd 130 salvabon sponSe$ and 21 baptisms. Ov8r the Chrlstma5 perlod, we welcomed 800 guests to our ChrfstmAs c8labratlon$ ?nd h06ted 55 18miliès batding cancÈr at our anrual Young Lives vs Cancer event. Thèra has b86n 8 contlnu8cJ fows on bvildir#J an operations team made up of volunteer le8ders 10 8Ctlv8le the vlsion across the chuTch. G3 Circles, now known a5 eGroups (small groups focusing on r818tionship and disdpleshlpl. have contlnued lo be 8 focu8 8re8 of the church with approximately 30% of active Eongregabon being a part of an eGroup. A koy focus ol our klds, t•am hag bèan to grow lh8 leadership tearn to spread the r&sponglb511ty of f8ciltt4ting the growth in famllies jL¥ning the church and accessing Ihe kids, programme on Sundays. 2025 has also seen a growth in our youth ministry wlth outraath into local universities and a part-lime youth worker being employed to move this ministry loard. The glftlng and maturty ol our older youth was clearly evident in the Youth Takeov8r' Sunday that was a huge SU$S.
EQUIPPERS CHURCH BRISTOL TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Three other significant inroads have been rnade. The first is our connection to UWE 8luden18. We h8V8 o regulBr group attendlng church and hav8 bullt good frl&ndshlps with those 18adlng the CU. Th8 Second area is the invitations our youth work8r is now getting to schools- something we have been praylng for for rnonths. The third 18 our c4)nnecUon lo a 'Young Adult, ministry which wants to collaborate wrth us lo re8th 18-30 yr olds. Thls Ss a highly successful rninistry in th8 8ath 8r8a that also wants to build in the Bristol are8, supplementing our own ministry. The work done in the thurch and community was made possible through the d8dic8tipn 8nd commltrnent of many individuals who offer thelr tlmts and energy to serve. As more volunteer8 continue to be empowered, this cor8 group of people continues lo gi¢w. Tr8nsitlon5ng Into the Equlppers rnovement has enabled a vad8d pN8cI)Ing roster, providlng support and encouragement from other UK Equlppers locations. Fln#nell r•vl•w Durlng this finandal year, the charity mgdg 8 nel 8urplus on unrestrScted fund3 of £76,97612024.' £7.2641, laa¥Ang an unrastricted balance in hand of £2.437,20112024'. £2.360,2251 on 31 st Oecember 2025. OverBII. the Trustèès ar pleased with the results for 2025 and note thè charlty Is In a heallhy financlal posillon. Re88ryes pollcy In aWA)rd9n best practice, reserves have been s8t 8t a lèvèl aquating to three rnonths. 858enllal cor¥ opvratlng costs. Thls curr8ndy 8quat86 to £69,500. Free re98NaS at 31 December 2025 were £733,783. M8Jornsk8 The trust885 hAVè Idèntlflèd potentlal rfsks for the charfty and have pul In pl8ce m&asures to mlnlmlse these rfsks. Whi15t risk manag8ment procedures contlnue to éevelop and improve, the eharity has adopted and adapted 8tru¢turo$ and polleles from the Australian entity. Durtng 2025 a con81d¢rable omount of work has been undertaken to en$ur Ihls contlnugs on jolnlng the Equippers movement. Thè key ciffttrols Smpl8menled by the charity include.. Regular board meellngs wllh formal 89onda and mSnutss Comprehensive planning, budgetin9, rnanagement raporting and accountsng Flnanclal authorisalion and delogauon l¢vels along wjth budget approval processes WTltten policies and procedures Whlle It Is recognlseé that $y$lems and Inl¥rn81 ¢onlrols provlde reasonable but not 8bsolyt• assurBncè that malor risks are rnanaged 8pproprialely. th* tru$l¢&$ 8re 8atlsfled that the malor rfBkB hav• b••n Identm•J and mlllgated where possible. Plans for futurn porlod• W¢ now preparlng dra¥ngS for buildlng works to our exlstlng fadllly along wilh plans fer phasgd Implementation of thSs project. This will mitigate ¢)ur immadiata costs and allow for refurbishment to progr855 as and when funds are avai18ble. The new deSn wlll include the following.. • a connecllng plalfom betw8en th8 two mezzanlne area5 • a new stair entrance lo the Upper Roown behind the current coffee shop a potential rnezzanine area abovè thè current connecl area new office accornmod8tion the redesign of the entrance ar&a maklng the current stair5 to the uppèr18v81 fvlly ffire compliant the addition of a plarform Ilft for wheelchair access and transportation of food to the ltswer level the addits'on of a gieen room and extension of the current mothers, room with a new haIaY configuratlon from the real hallway Into the main connect 8T98
EQUIPPERS CHURCH BRISTOL TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Stvuctur•. gov•manc• and manag•m•nt Equippers Church Bristol is a company lsmited by guarantee and a registered charlty. Th8 trust••s hav8 d•l8gat8d aspects of decision making to the leadership team, whilst maintaining control over malor strategic and finandal decAsions. The tsustees who Gerved during th8 year and up to the dale ol this trust&a raport ara Ilstèd on pagè 1. Day-taY managemenl is vested in the leadership team led by the interim Location Pastor Peter Prothero. The trustee$. who ere &lso the dlrectors for the purpt)8p nrf Illany law, and who Yorved dulng thèyear and up lo the date of signature ol tha flnanclal ststaments warn: S Monk R Davi•s M Swlnburne A W8bsleT M Collard Rgeruitmant and 8ppolntmènÉ oltrustè8s The exl8ting TTuslee8 rnay identify the need for addltlonal Trustees to be appolnt6d as the demands of tha charfty continue to develop, and as and when exlsting Trustees Stand down from office. The Truslees wlll Identify a suitable candldate Ic¢ act as a Trustee, based on 8 serie5 of factor5 Sndudlng thelr character, experience. specialist skills and chernlslry with the exisllng Trustees. Subsequently the candidate wlll be approach8d by one of the current Trusleas 10 88lBbli8h th8ir willingn868 lo conv4ider tho rolc. Thoy m&y be invrted to glt in on meetings as an observer uiilil Ili¥y re8th 8 decl8lon. If they JCC8pI they wlll be forrnally 8ppolnted lo tho board at the next meaung. The Cholr of the b¢ard ol Truslto$ will ¢n$urtr that thoy are given 8ny necessary Snductlon and Iralning for the role. Thls wl depand on Iholr prevlous &xper18nc$ In slmllar rol¢s. The now Trustee will be gwen ta8k8 suitable to their experience level. Tru3tees 8re updated on developments regulBrfy. Non8 of Ihe tru3t888 has any ben8ficial int8r88t in th8 ¢ompJny. 1 of ttrtr trustets are members of th8 compony and guorantèé to contrlbuté £1 In the event of 8 wlndlng up. Tho report of th¢ tru$teo$ h85 been pi$p8red Irb 8¢COTdance wtth the special provisions relating (o companles 8ubie¢t to th• $m¥ll companlgB' reglme wllhln part 15 01 the Compani88 Act 2006. The trust885' report was approved by the Board of TTUStees. AW8bsler Tw¥sts9 2510612026 Dal&'.
EQUIPPERS CHURCH BRISTOL STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees. who are also the directors of EqLJipper5 Church 8ristol for the purpose of comp8ny law, Brg ie$ponslble for preparing the Trustees. Report and the financlal statements in accordance With appllG4ble18w and United Kingdom Accounting Standard8 Iunlted Klngdom Genèrally Accepted Accounting Practtcel. Company law requires the trustees Irtr pr8pare financlal statements lor each financial year whlch give 8 tnjè and falr vlew of the state of affairs of the Church and of the Incoming resources and applicatlon of r¢$ourco5. in¢ludlng tha Income and expenditure. of the charitabl8 (x)mpany lor that year. In preparlng these flnanclal statelnollts. the tnJstè8S afè requSred to.. select suitable accounting polici8s and then 8pply tham conslstently., observe the method8 8nd principl98 In thè Chaff las SORP: mak8 ludg8ments and 851irna185 that artr reasonable and prudent., state whether 8ppIIc8ble UK Accounting Standards have been followed, subSèct to any materfal dapartures dlsclosed 8nd 8xpl8lned In Ihe flnanual slatem8nls', and prepare the fin8nd818tat&ments on the going concem baslB unle85 It18 Inapproprfat8 to presume that the Church VAII conllnuo Sn tsp$roti0n. The trusteos ara ra$pcsIble for keeplng adequate accounlng rècords that disclose with reasonable accuracy al ny Ume thè financial positlon of the Church and enAbJè them lo •nsura Ihat the financ4al slalemenls compty vAlh thg Companies Act 2006. They are also r88pon3lblè for s8fègu8rdlng tho assets ol the Church 8nd hence lor ¢8klng ro8sonable steps lor the prevention and detection of fraud and other irregularities.
EQUIPPERS CHURCH BRISTOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EQUIPPERS CHURCH BRISTOL I report trj the truste8s on my ex8minBlion of the fin8ncial 5t8ternents of Equippers Church Bristol Ithe Church) for the year ended 31 December 2025. Responsibilities and basis of report As the trustaes of the Church 18nd 8150 its directors for the purposes of company lawl, you afe responsible for the preparallon of the flnandal statements In accordBnce with the requirements of the Comp8nles Act 20C6. laving satisfied rny5elf th8t the financiel ststement8 of the Church aro not required to be audited under Part 1G of the Companles Act 2006 and ar8 elig1e for Independent examination, I report in respect ol my Èxaminatlon of tha Church'6 financial staternent5 carried out under section 145 of the Charities Act 2011. In carying wl my ex8mlnatlon I h8V8 followed the Dlrectlons oiven by the Charfty Commission under sectlon 14515llbl of thè Charltle9 Act2011. Independenl axamlnerfs 6tatom•nt Sinc8 the Church 8 gr058 incom8 8xcéèdod £250.000, thè IndÈptndent eX8mlrter must be a member of a body Ilsted in section 145 01 the Ch8ritles Act 2011. 1 confirm th8t l am qualified to undertgke the examination because I am 8 memb¥r of the Associ8ll¢n of Chartered Certytlgd Ac¢ounlgnl¥, whlch 18 one of the listed bodies. I have completed rny examlnallon. I confirm that no matters have corne lo my attenllon in connectlon wlth the exarnlnalion givlng mg caus8 lo believp that in any rn8terial respect.. accountlng records were not kept In raspeet of the Churth as re4ulrod by ¢On 386 of thè Companles Act 2006. the financial siaternent6 do not accord wth those reoyds., or thè financlal statém•nts do not comply whh th• accountlng f•quirèm$nts of sèction 396 01 the Companie5 Act 2006 other than any ruIrM•nt that the fin8ncl81 statemènts glva a tru8 and f8lr view. which is ncl 8 matter considered as part ol an Indepandent oxamlnation", or the financlal statements have not been Prepared In accordance wllh the methods and prlnclples ol the Statement of Recornmended Practice lor accounting ar reporting by charities applicable to charlties preparing thelr flnancial statemen18 in accordance wlth Ihe Flnanclal Repong Slandard appllcable In Ihe UK and Republic of Ire18nd IFRS 1021. I have no concems and have corre acrosB no other matters in connection wlth the examlnotlon to whlch attenuon hould be drawn in thls report in order to en8ble 8 proper understanding of the financial statements ttr be reached. John Caladln• FCCA CTA FCIE Caladlne Llmited Chanty Housè 22 Upperton Road Eastboumè East Sussex BN21 1BF D8t8'.
EQUIPPERS CHURCH BRISTOL STATEMENT OF FINANCIAL ACTNITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unr•strlcted Re•trlctgd funds funds 2025 2025 Total Unr•strlcted Rèstrfctèd fund• funds 2024 1024 Total 2025 2024 Not•• Incom• from: Dcn8tlons and legades Charlt8ble 8thvltles Other trading Inv881men8 S32,409 1,855 2S,384 9,975 11,718 544,127 1,855 25,384 9,975 408,414 171 27.513 13.206 11.537 419.951 171 27,513 13,213 Total incomo 569,623 11,71B S81.341 449,304 11.544 460,848 Exp•ndltur• on: Ralslng fund8 Ch8rSlable acdvlUeB Oth8r expendlture 14.e89 477,958 14.689 510.979 10,549 411.607 19.884 10,549 437,537 19,884 33,021 25,930 12 Total •xp•ndltur• 492.847 33.021 525,868 442,040 25,930 467,970 M•t In¢om•ll•xp•ndStur•l and mov•m•nt In fund• 76.976 121,3031 55,673 7,264 114.3861 17,1221 R•conclllatlon of fund•: Fund b818n¢es at 1 January 2025 2,360.225 21,599 2,381,824 2.352,961 35.985 2.388,946 Fund balance8 •t 31 D•c•mber 2025 2,437,201 2,437,497 2.360,225 21.SB9 2.381,824 The stotement of fin8n¢i818ctlvitlès Includes all gains and103$9$ r¢¢cgnls8d In Ihe year. Al In¢omé and 8xpendlbJre d8rlve Irom contsnuing ¥¢tiwtle¥.
EQUIPPERS CHURCH BRISTOL BALANCE SHEET ASAT 31 DECEMBER 2025 2025 2024 Not•s Flx•d ass•ts Tanglble a88ets 2,224,477 2.272,713 Currnnt 188ets OebloT8 C85h 81 bank and hand 17 29,544 792,831 34,076 753,498 822.175 787,574 Cr•dltorn.' amount• falllng du• wlthln onè y••r 188,096) 1101,7351 N•t ¢urr•nt ••••ts 734.079 68S,839 Total aM•t• IM• cuff•nt Ilablllti 2.958.556 2.958,552 Crvdltorn.. arnount• falllnq du• •ft•r mor• th•n one y•ar 20 1521.0591 1576,7281 Not aBsots 2,437.497 2.J01,024 Th• fund• of th• Church Reslrfcled Sncome funds Unro$lrfd•d fund8 23 24 296 2,437,201 21.S99 2,360,225 2,437,497 2,381.824 The company Is ontStled to Ihe exemption Ir¢m the audit requirement contalnad In $o¢Uon 477 of the Companles Act 2006. for ihe year ended 31 Doc¢mb¢r 2025. The dlrector aCknedge$ hls respon8ibiliti88 for complyng wth the requirements of th• Companloy Act 20Cfj wilh respect to accountlng records Bnd tha pr8P8ratlon of financial statsments. The members have not requlrad the company to obtabn an audit of Its flnancial stat¢m¢nts for the year In quesUon in accordance wSlh section 478. These flnanclal statsrnents havo bo¢n prepargd in accordance with the prowslons Appllcable to companles subject to the small companies regime. The financial sialements were approv8d by thè InLStge¥ ¢)n .................. . Aweb ter Trustee
EQUIPPERS CHURCH BRISTOL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Notes Cash flows from operatlng actlvltl05 Cash g8n8rat8d from operations 27 100,701 41,570 Investlno a¢tlvltlg$ Purchase ol tangible flxed a83ets Proceeds from dl$posg1 of langlble fixed a86ets Inv8Stment Income Tecelved 113.7091 132,8581 21 9,975 13,213 Not cash us•d In Inve•tlng actlvlll•• {3.7131 119.8451 Flnanclng actlvlllos Repaymeni of bank loan8 157.8551 157,4491 N•t ca•h umd In flnanclng actlvlil•• 157.855) 157,4491 N•t incr•u•lld•cM••l In c••h and ca•h •qulv•l•nts 39,133 135,5241 Cash and cash oquNg18nt8 at beglnning of ye8r 753,498 789,022 Ca•h and cash •qulval•nt4 at •nd ot &r 792.831 753.498
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policieg Company informatton Equlpper5 Church Brf5tol is a privat8 cornpany Ilmiled by guarantse Incorpofat•d In Enoland 8nd Wakn. The reg15tered oifice 18 1160 Aztec West, Almond5bury, Bristol, BS32 4TF. 1.1 Ba818 of praparatlon The finanaal ststements have been preparad In BccordAnco wlth th8 Churth'8 govemirig document, the Companies Act 2006, FRS 102 'The Financlal Rtsporfng Stsndard applicable in th8 UK ond Republic of Ireland. and tha ChaTitlas SORP 'Accountlng Reporting by Charlll8s'. Siatement ol RecDmm&nded Practice applieable lo ch8ritiès preparing Ihtsir a¢county in accordance with the Flnanual Rèporting Standard Bppllcabla in th8 UK and Rapubllc of Ire18nd IFRS 1021 The Chuich15 a Publlc Benefit Entsly 8$ Ilefined by FRS 102. Th• flnanclal stOt•monl8 are prepared In stedlng, whlch 18 Ihe functlon81 curren¢y of the Church. Monetary mount5 In Ihgsg fln8nd81818lemenls are rounded lo the nearesl £. Th8 flnanaal stalèments hav• b•#n prepared under the hlstorical cosl conventlon. modlfl•d to Include the r8valuatlc41 of fraahold propèrf88 8t f8lr value. The prfnclpal accountlng pollcie8 adopted are sel ovl below. 1.2 Golng ¢on¢¢rn Al the time of approving th8 financial statemenls, the trust888 have a reasonable expeclalion that the Church has adoquale resources to conilnu& oper8tlono1 exlgt8nc8 for th8 forèsoeable future. Thus the tnLStees conilnue lo adopl the going concem bas18 of &ccountSng In prèparing thè finBncS81 ststements. 1.3 Chwrltablo fund• Unrestrfcted fund8 are avollabla for ug8 gt the dl$¢r¢llon of the IN3lees In rther0nee of thelr charftgbl• objectives. Restricted fund5 are subject Io 5pecMlc conditlons by donors or 9rantors a5 to how they may be used. The purposes and uses of Ihe restricted funds are set oul in the notes to the financlal s18lernenl5. 1A Incom• Incarn8 19 r8¢ogni$ed when the Church is legally entitled to It oft8r any p8rfomiance conditions have been mot, thè amounts can be meawrod rellably, and it IB yobable that incorne VAII received. Cash donabons are rècognlsed on w¢olpt. Other donations are recognised onc8 ¢he Church h8s been notiflèd of the donat+on, unless performance condltlon8 require deferral of the amount. Income tax recov8rab18 in relatlon lo donatlons recelved under Glft Ald or dèads of eovènant is recognised at the time ol tha don8Uon. L•ga¢le$ are re¢ognl3ed on receipt OT otherwlse If the Church has been nollfl¢d of an Impendlng distrltMJllon. the amount is known, and receipt is expected. If the amovnt Is not known, the 18gacy is treated a8 continganl asset. 1.5 Expenditur• Expenditure is recognised once therg is a 931 or constructive obllgation to transf8r econrAnic bgnefil to third party, It Is probabl6 that 8 transfer of economic beneffits will be required In setuement, and th8 8mount of (he obligation can b8 measured r81iably. Expenditure is classified by advlly. The costs of each 8Ctwily 8r8 made up ol the total of di1 costs and shared costs. including support costs involved in undertaking each 8ctivity. Direct costs attribulatle to a single activity are allocateij diredy to that activity. Shared costs which contributè to mor8 Ihan one activity and support costs which are not atth'butable to a single acbvily are apportioned betWe8n those 8clivitie5 on a ba515 consistent with the u58 of r850urc85. C8ntral staff costs ar8 alhxated on the basls of Ilme $pent. and depreciation charae5 are allocated on th8 portion of the asset's use.
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles IContlnu•d} 1.6 Tangible fixed asi•ts Tangible fixed assets costing £500 Dr mor8 8r8 inltlally measured at cost and subsequ8nUy rne8sured 8t Cogt or valuation, net of depreciation and any Smp8lmenl losses. Depreciation is r•cognlsed so as to write off the cost or valu8llon of 88s9ts less their resmlual values over their useful Ilve8 on the followlng basls.. FehOld land and buildlng8 Improvement5 Fixtures and fitb'ngs Bullding8 2.5% stralght Ilne,. Land 0% 2.5% or 10% 5% or 2QO The galn or lo$$ orising on the disposal of an a5sel Is dglermined as thè dlfference heen the s818 proceeds and Ihg C8rying volue of th& asset, and is recognI8ed In the statemonl of1Snancial activilles. 1.7 Impalrm•nt ol flxed •14•t• At Yach rèportlng end date, the Church revlews th ¢arying amounts 01118 tsngbble a33ets lo delomlne whether there is any Indlcation that those 8s$ets have suffered on Impalment 1088. If any 8uth Indkatlon exlsts, the recoverable amount of the a8$ot Is èstimated In order to delerrnine the exlenl of the impalrment loss lif any). 1.8 Ca*h •nd eash •quIVntI Cash and cash equivalents inrjudè cash in hand. deposits held al call with banks. other short-temi liquid Investments wrth origln81 m81untlès ol thr8• months or le8B, and bank overdrafts. Bank overdrofts are shown within borrowings In current liabl116S. 1.9 Fln•ncl•l In•trum•nts The Churd) has elected to apply Ihe provl8ion¥ of Secuon 11 '888lc FlnancAal Instrumen18' of FRS 102 to all of Its financial Instruments. Flnancial Inslmments are re¢ogni98d in the Church'B balance Sheet when the Churd) b8com&s paty to Ihe contractual provisions of the Instrumènt. Financial aBsels and Ilabilltlèg ar8 offg•t. wilh the nel amounts pre$ènt•d in lh• financiBI siatements, when there is 8 legally enforceable rlght io set off the recognlsed amounts and therels an Intenuon to settl8 on a nel basis or lo rea115¢ the asset 8nd setue the liability simultaneousty. 8•¥le fflnanclalass•ts Basic financial a65ets, which Include dgblors and cash and bank balances, arg Initlally m•asurad 8t transaction price including transactlon costs and are subsequently carried 818mortSse¢ ¢ost uslng the effectlve Interest method unleBS th? arrangement constitutes a financing transaction, whère the Iransaction is rneasvred al the present value ol the luture receipts discounted at 8 m8rk8t rate of interest. FinancAal assets c4assffied QB receivat4e wSthin one y8ar ore not amortised. 10
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 Accounting polScies Icontlnuedl B•sl¢ fin•ncl•l Ilabllltl BBslc finandal li8blllb.es, Indvdlng credllors and bank loans are initially recognised at transaction price unle$ the arrang8m8nt consUtules a ffnanclng transacuon, where the debl Snstrument is m88$ured al Ihe present value of the future payments dlscounted at a market rate of interest. Finandal liabi1111¢8 d888if ed as payable wlthln one year are not amortlsed. Debt Instruments are subsequenuy carried at amortSs8d cost, uslny the effective Interest rate method. Tr8de creditors are obllgadons to pay for goods or semoes th81 have been 8cqulred Sn the ordlnary course of OP8ration8 frorn suppliers. Amounts payabl8 are classified as current Ilabillties hf payrnenl is due wlthln one yeaT or le58. If not. they are presented as non-current 118bilitles. Tradè credltors are recogni8ed inrtiglly at tr8nsadion prfce and 8ub6equenlly rneasured ot amortls8d cost U81ng the éffÉctive inl8r8sI rnelhod. DeT•cognlNon ollln•ncl•l Il•bllltles Flnanclal liablllues 8r¥ dere¢ognl3ed when the Church s contractual obllgation$ xplw or are dl8¢harged or C8nco118d. 1.10 Employm b•n•fft• The cost of any unused holld8y antltlement 1$ rgcognl8ed sn lh& perlod In whlch the employe8'9 S81£S are received. Termination beneffils are recogn158d Immediately 8s an 8xp8ns8 when the Churchls demonstrably ccmmStt8d to termlnale tho ernploymenl of 8n employee or to PrOde tormln&tlon benefit5. 1.11 R•tlr•m•nt b•n•fit• PBym8nts to defined ¢ctributiOn r9t0ment benvjfil schemes are charged As An 8xpansè as they fall due. Crlllcal aecountlng ••tlmat•• and ludgom•nts In th8 appllc8tlon of th8 Church'B acwuntlng pollcies, the trusteeg are requlr8d to mèkè ludgÈmerts, estimates ond assumptlons 8b¢)ul the c8rryin9 arnount of assets and liBbilities that 8re not r88dily apparent from other sources. The gStimale5 8nd 85socialed aSSumptn9 are based on historlcal 8xperience 8nd other factors that are considered to be relevant. Actual resutts may dlffer from these estlmatès. The esUm8tes ond undaflylng Bssumptlons ar¥ rovlewed on an ongolng basls. RevlsSc41$ to accountlng estim8t8s artr E09n1sd in the period in which the eslirnate Ss revls8d where th8 ravi3ion affects (nly that perlod. In the pertod of the revision and future period5 where the revision affeds both Gurrenl and luture perlods. Incom• from donatlons •nd l•gaci Unr•strletod R••trlct•d funds funds 2025 2025 Totsl Unr•strScted Ro8trlet•d funds funds 2024 2024 Total 2025 2024 Don?tlons and grfts 532.409 11,718 544,127 408,414 11.537 419,951
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incomo Irom donatlonj •nd leqaclos Unre•trlct•d Rèstrfcted funds fund• 2025 2025 Tot41 Unrnstrlctsd Re8trlc¢ed fund• fund$ 3024 2024 Tt>tal 2025 2024 IContlnu•dl Donatlon• Ind glft8 Tithes and other offering8 Including glft ald Impact income Othèr raslrlcted offering8 506.405 26,004 5Cfj,405 28,004 11,718 408,095 319 1,382 409,477 319 10.155 11,718 10,155 532.409 11,718 544.127 408,414 11,537 419.951 In¢om• from ¢harltabl• actlvltl•• unr•¥cled Unrn8trlct•d fund8 fund• 2025 2024 Ev•nts Evènt r8glstrAUon Income 1,855 171 IncoTn• from oth•r trndlng actlvltle• Unrestrlcted Unrn•trl¢t•d fundfj funds 2025 2024 Bookshop C8fe sales Venue Hlre Other income 505 6,236 20,727 45 7,704 17.fj40 40 Other tr8ding aLvItreS 25.384 27,513 12-
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incorne from Snv•gtm•nts Unr••trl¢ttd R•¥trlct•d lund8 fund• 2025 2025 Total Unr•StrI¢t R•¥trlct•d funds funds 2024 2024 Total 2025 2024 Income trom solar pan• Inltr881 Teceivable 7, Jf48 2,427 7,898 5.508 7.898 5,515 2.427 9,975 9,975 13,206 13,213 Expendltur• on r•l•lng fund8 Unr••tilct•d Unr•*trlct•d funds fund• 202S 2024 Tradlng cost• Cafe 8ook8hop Support cos18 8,858 5,065 788 4,676 5.831 14,689 10,549 13-
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants payabl• Ml8$lons 2025 MIs51ons 2024 Grants to Snstthtlons.. Edge Church Au8tr8lla ffransfomi Cambodl8} IMPACT A¢t$ Churd) Levy Equlppers Church Levy Olhar 6,487 7,17S 8,489 10,000 827 9,988 32,978 9.988 10 Support ¢o•ts allo¢atsd to •dlvltl•• 2025 2024 Staff Costs Uepreaatson Adrnini3tr81ion Travel Premises Bank loan Intgr8St Govemance COBIB 62,582 61,924 51,493 18,366 70,142 27,750 2,550 67.092 57,938 22,914 18,971 54,347 25,594 3,513 294,787 250,369 Fundr8i8lng Church ActlvSI08 Evenl8 Misslons 5.831 260.060 14.448 14,448 4,676 221,123 12,285 12,285 294,T87 250.369 2025 2024 G0v•rnan colts ¢omprl•e.' Independent Ex8mination f885 Account8ncy 960 2,553 1,59) 2,550 3,513 15-
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 11 Net mov?mont In funds 2025 2024 The nel movgm¢nt in funds is stated after chartingllerèdthngl.. Fees pay8b18 lo th8 charfty's Indapendent examirw. - for the independent examination of the charlty's financAal statements for other fjnanclal Bervlces D¢pred8llon of own8d tanglble ffixed assets 960 1.590 61,924 1,320 57,938 12 Oth•r exp•ndlturo Unr••trfctod Unr••trlet•d fund• funds 2025 2024 VAT ovwc181m from prfor years 19,884 13 Tru•t••• Mr S Monk, who became a Trustee In 2025, recalved honorarfum of £4SO durfng the year. MT M CdlBTd. rtscelvod honorarfum of £30012024.. £NII} durlng thè yaar. The Truste88 had E24512024.. £4591 ol hospltallty costs mèt ty tho Church. No other tru8lee8 rld any remuneratlon or benefita from th8 Church durlng the ye8r. The Churth rec¢lv8d aggr8gat8 dcatIOn8 Irryn Trustèas and Related P8rties of £19.372 12024.. £19,423) durlng tho year. 14 Employ••g Thè ov8r8ge monthly number ol employ889 durlng the year was.. 2025 Number 2024 Numb•r Employment co•t* 2025 2024 Wages and 5alaTies Sodal security costs Other pensK¢n cost¥ 61.197 357 1,008 66,677 415 62,562 67,OY2 16
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEAIBER 2025 14 Employees (Contlnu•dl Thare were no emJoyges whose annuel remuneration wes more than £60.000. R•mun•r•tlon of k•y m•n¥q•ment per8onn•l The rernuneration of key manag&ment personnel was a5 follows.. 2025 2024 Aggr8gat& eompen8atOon 17,385 44,696 115 Taxatlon The chanty is exempl Irom laxadon on its acbvib88 becaus8 all ils Incomè Is applied for charItae purposes. 18 Tanglbl• flx•d a•••t• Fr••hold l•nd Impru¥•rn•nl8 Flxtum Ind •nd bulldthg8 INtlng1 Tot•1 Co•t Al l January 2025 Additions DlspogAIs 2,250.000 15,852 386,945 2.652,797 13,709 13,709 19,8381 19,8381 At 31 December 2025 2,250.000 15,852 390,816 2.656,6e8 D•pr•clatlon and Impalrm•nt At l January 2025 DepredatSon charged In th8 ar EllmlnÈtèd In respect of dlsposo18 82.S01 41.250 4,869 1.328 292,714 19,346 19,8171 380,084 61,924 19,B171 At 31 December 2025 123,751 6.197 302,243 432.191 CaThylng •mount At 310ecember 2025 2.126.249 8,655 88.573 2,224.477 At 31 Dacamber 2024 2.167,500 10.983 94,230 2,272,713 Included in costlvaluation of Frnehold Land & Buiklings is freehold land of £600,000. The freehold building at Azlec West Bu51n8ss Park wa¥ revalued at 31 December 2022 bas8d on a valuatlon en 14 Dècernber 2022 by Andrew Forbes Chartered Surveyors, an independent valuer. The valuation is on a "Fair V8lu8" b8siB in line with FRS102. The v8lu8ts.on is based upon the value per the odginal bulldlng purpose, and not a5 8 Church or event centre. The trustees have reviewed the book value of the Freehdd Land & Buildin95 as at 31 December 2025 and have confimiod that he v8luè1g not matÈri811y different to falr value. 17
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Dobto 2025 2024 Amounts falllng duo wlthln one Yr. Trade dgblors Other debiors Prepayrnent8 and accrued In¢om8 878 1,386 27.280 15,725 1.350 17.(M)1 29,544 34.078 18 Loan• and ov•rdroft• 2025 2024 Bank loans 578,642 636,497 Payablts wllhln cfi• yoar Payable ofter one year 57.583 521.059 59,769 576.728 Amounts Induded Abov8 whlch tall due after flve years.. P8yabl? by in8talments 254,866 313.497 In 2015. HS8C issued a £1,100,1)00 loan with a terrn 0116 ye8r8 an¢J 6 months. In July 2025 8 nèw fixad rate was entered Into, the loan c8rrles o flxed Interest rale of 5.61 % for the next three years. Aft8r thls parlod. the Interest rate vlll become varfable, sel at 1.8°A per annum Above the Bank ol England Bos8 Rata. The loan Is secured by flxed ch8rg8s 0r the charlty's freehold property at 1160Aziec WeBt, Brfstd. 19 Cr•dltor•.' amounts f•lllng du• wllhln on• ye•r 2025 2024 Not•• Bank loans othèr tBxatlon and Bocial seajrty Deferred incom8 Trade creditors other credllor3 Accru81¥ 18 57.583 59.769 18.994 21 2,677 15,681 4,538 7,619 16,252 6,666 88,096 101,735 20 Creditors- Bmounts f•lllng due r more than one ye•r 2025 2024 Not•$ Bank loans 18 521,059 576,728
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 21 Deferred incom• 2025 2024 Othar dèfvrrod Income 2,677 Deferred incomè is Indudtsd In th• flnandal stDtcmontG o= follow: 2025 2024 Deferyed income is Included wSlhln'. Curr¢nt ligbllSlle$ 2,677 Mov•ment8 In thè yèar.. Deleffed incorne at 1 Jgnuary 202S R&re•8 d?ferred In the year 2,677 Deferred incorne at 31 December 2025 2,877 22 Rotlrement n•flI Kh•m•• 2025 2024 D•ftn•d ¢ontrlbutlon •ch•m•• Charge to profit or1088 In re$p¢d of deflned ntb0Th schemey 1.008 415 Thè Churth operates a defined contrfbvtlon ponslon gch•m¢ lor 811 qualifying employee8. The assets of thg scheme are held separately frorn those of ihe Church In an Independently admlnlslered fund. 23 Rv•trlct•d fund8 The restr(cted funds of ltte cherty comprfse tha un8xp•nd8d bAlance8 of donatic$ and gr8nts hald on trusl subi8Ct to specific conditions by donors as to how thèy may bè used. At 1 JAnuJry 2025 Incomlng rO•ouOI Re8ourc•• exp•ndod At31 D•e•mb•r 2025 IMPACT Tran8form C8rnbodi8 other restricted ftbnds 21,599 121,3031 16,4871 15,2311 296 6,487 5,231 21.599 11.718 {33.0211 296 19-
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 23 R••tklrt•d funds {Contlnuedl Pr•vlou• y•ar'. At 1 January 2024 Incoming r•souTce8 R•sourc•$ •xp•nd•d At31 D•c•mb•r 2024 IMPACT Tr8n$ft)rm Cambodia 35,9BS 1.556 9.988 115.9421 19,9881 21,599 35.985 11,544 125,9301 21.599 IMPACT- Thls fund rèpr•sènts spc*)sorshlp funds for the IMPACT mi88lon InItlava. Transform Cambodla This fund f8presents don8bons raised to support Edge Churth Ausiralla's misdon work. Tr8n$form Carnbodla. 24 Unr••trlctsd lunds Th& unr•8tricted funds of the ch8rlty cornprise the un8xpended bolancos ol donallon8 and grants whlch ara nol subject to spedflc cnndlilons by donors and grantors as to how ihey may be used. These includa designated funds whlch have been Bel 8&de out of unr8stn.cled funds by the Irusl¢¢$ for $p•elflc puwses. At 1 January 2025 In¢ornlng r••ourc• R••ourc•• •xp•nd•d At31 D•c•mbor 2025 G•n¢r81 fvnds 2,380.225 569,623 1492,6471 2.437.201 Prevlou• year: At 1 January 2024 Incomlng rosoure•s R••ourc •xp•nd•d At31 D•c•mber 2024 General fundB 2.352,961 449.304 1442,0401 2,360,225 25 An910 of n•t ass•ts be1wn fund• Unrutrict•d fvnds 2025 R•strlct•d fund$ 2025 Totsl 2025 At 31 December 2025-. Tangible assets Current a5setsllliabililies} Long term liabilities 2,224,477 733.783 1521.059) 2.224,477 734.079 1521,0591 296 2,437,201 296 2,437,497
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 25 Analysls of nèt ais•t& b•twe•n funds (Continued) Unrestrlcted funds 2024 Rostrlct•d lund8 2024 Totsl 2024 At 31 D•c•mb•r 2024: Tanglbla as8&ts Current assot8llllabllltle81 Long tern liabilitie5 2,272.713 664,240 1576,728) 2.272.713 685,839 1576,7281 21.599 2,360,225 21,599 2,381,824 26 Rgl•t•d party trnnucllon• P Prolhero, key management personnel, Involc8d tha Church £24,OCK) 12024.. £18,000) for consultsncy, £34,80912024.' £26,654) for travel and aecommodatlon, and £60012024.. £4501 for phone allowance durhg the y8ar. Olher key rnanagement personnel had ENil 12024.. £8761 of hoBp51allty and subsistence, and £Nil 12024.. £10,605) of travel and accommodatlon costs met by the Church. The Church mBde Levy contrlbutlon8 of £8,49012024.' £2,155> to Acts Chur¢h•$ UK, a regi8tered Charfty wlth two commtsn tru8t8es, durlng Ihe year. Thé Church made Levy conlribullonB of £10,000 lo Equlpp8rs Church. 8 reglstered Charfty wtth cornmon trustèes. dudng the year. The Chur¢h mado payments lo Equippers Church, a reglBtefed Charity wllh fv40 CL>mmon tru$t¢ss. of £2,450 12024.. £2,800) for guèst spè8k8rs, £5,00012024., Nil) in donation8, and £17,280 12024.. £7.3201 for Shared services during th• y88r. The Church made p8ym8nts to M Colbard. spouse of a Trustee Mr M Collard, of £500 lor hOnOrauM 12024.'Nill. 27 C#•h g•n•r•tod from op•ratlons 2025 2024 Surpluslldefldll for the y¢8r 55.673 17,1221 Adlu•tm•nts for. Investment incorne COgnised in stalemenl of financi81 &ctivrti•s DeprnciatsDn and impairm8nt of tangible fixed asset5 19,9751 61.924 113,2131 57.938 Movern•nt$ In worklng eapltal: D6creasellincre8sel in dgblors IDecre8seVincrease in credltors InuèBsè in dèf8fr8d Infx)me 4,532 (14,1301 2,677 120,9301 24,897 Cash generated from operatloni tOO,701 41,570 21
EQUIPPERS CHURCH BRISTOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 28 An3ty818 ol chang05 In n•t fund• At 1 J•nu•ry 3025 flo At31 D•t•mbor Cash at bank and In hand 753,498 39,133 792,631 Loans falllng due ¥thIn ona year Loans fallin9 dua after more than one year {59.7891 1576.7281 2,186 55,669 157,5831 {521.0591 117,001 96,968 213,989