**THE BEACON WHITCHURCH LIMITED A Company Limited by Guarantee**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
**Company No. 06587579 (England and Wales) Registered Charity No. 1124740**
## **THE BEACON WHITCHURCH LIMITED**
**COMPANY INFORMATION Directors** Dr J Muir - Leader Mr K Holland - Hon. Treasurer Mr D Seager **Trustees** Dr J Muir - Chair Mrs L Chapman Mr K Holland Ms R Rudder Mr D Seager **Eldership Team** Dr J Muir Mr K Holland Resigned 30th June 2025 Mr A Chapman Mr A Moore Appointed 28th September 2025 **Company Number** 06587579 (England and Wales) **Charity Number** 1124740 **Registered Office** 5 Watergate Street Whitchurch Shropshire SY13 1DW **Office Location** 5 Watergate Street Whitchurch Shropshire SY13 1DW **Principal Meeting Place** 5 Watergate Street Whitchurch Shropshire SY13 1DW **Accountants** James, Holyoak & Parker Limited 1 Knight’s Court Archers Way Battlefield Enterprise Park Shrewsbury Shropshire SY1 3GA **Bankers** Lloyds Banking Group 1 Pride Hill Shrewsbury Shropshire SY1 1DG
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## **THE BEACON WHITCHURCH LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' Report|4 - 9|
|Independent Examiner's Report|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes to the Accounts|13 - 19|
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2026**
The directors and trustees of the charity present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees confirm that the annual report and the financial statements of the charitable company comply with current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
## **Charity information**
The Beacon Whitchurch Limited is a registered charity and private company with no issued share capital, incorporated in England and Wales. The registered office is 5 Watergate Street, Whitchurch, Shropshire, SY13 1DW. The registered company number is 06587579 (England & Wales), and the registered charity number is 1124740.
## **Trustees/Directors**
The directors and trustees who held office during the year and up to the date of signature of the financial statements were as follows:
Directors: Dr J Muir - Leader Mr K Holland - Hon. Treasurer Mr D Seager Trustees: Dr J Muir - Chair Mrs L Chapman Mr K Holland Ms R Rudder Mr D Seager
## **Eldership Team**
The initial Elders, Dr J Muir and Mr K Holland, were appointed on 3rd April, 2011 when the Beacon Church became a fully autonomous church having been ‘planted’ from Barnabas Community Church in Shrewsbury four years earlier. Mr K Holland stepped down from Eldership as at 30th June 2025. Mr Glyn Chapman was appointed on 15th September 2019 and Mr A Moore on 28th September 2025. Together they are responsible for the spiritual direction of the church, for its day to day running and for delegating responsibilities to others within the church with regard to areas of the church’s ministry.
## **Recruitment and Appointment of Leadership Team**
Historically the Elders of the Beacon Church (The Beacon Whitchurch Ltd) were also the Directors of the limited company and Trustees of the Charity. The Trustees, some of whom are also the Directors of the company, now act more independently of the Elders although, clearly, they have a common aim to ensure the smooth running of the church and charity. The primary responsibilities of the Elders relate to the spiritual oversight of the church whereas the Trustees and Directors are engaged in the day to day oversight of the charity and its adherence to legal and statutory matters, and financial well-being. Delegated responsibilities were entrusted to a Leadership Team of eight people during the previous year: membership of this group has changed during the year under review but between them they lead various aspects of the church's work and ministry. Those responsibilities relate to children, youth, worship, small groups including our midweek fellowship groups, prayer ministry, pastoral care, publicity, catering and safeguarding. The Elders, Trustees and Directors recognise that the key ingredient is the personal strengths and skills of the individuals involved and the calling God has placed on their lives.
## **Trustees Appointment, Induction and Training**
All of the trustees are aware of the literature and updates provided by the Charities Commission.
## **Governing document**
The charity is constituted as a company limited by guarantee, and is therefore governed by a Memorandum and Articles of Association, which was approved on 8th May 2008.
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026**
## **Aims and Purpose**
1. To delight in God and worship Him
2. To become all that Christ wants us to be
3. To bring hope and restoration to everyone in our community
4. To fulfil the great commission and so hasten Christ's return
Our vision continues to be that ‘church’ should operate on three levels or ‘tiers’: firstly as a ‘cell’ in small Connect Groups meeting during the week for fellowship, teaching, prayer, encouragement and development of our God-given gifts; secondly as a ‘congregation’ meeting on Sundays to further develop gifting, to worship together and to reach out to the community; and thirdly, periodically, in a ‘celebration’ meeting together with other churches in our region to encourage each other, and also at festivals and conferences. All three ‘ingredients’ have, once again, been evident in the year under review.
The Purpose, Values and Vision statements are routinely communicated to new people joining Beacon Church in order that we might have a shared vision going forward. Furthermore, visitors are invited to a Meet & Greet following our morning service to talk with the elders about the ethos and vision of the church.
## **Objectives and Activities:**
## **History**
Beacon Church was launched on 27th April, 2008 following a period of several years during which a weekly ‘Cell Group’ had met in Whitchurch to bring together a sufficient number of like-minded Christian people to make the launch practically possible.
## **Worship, Study and Prayer**
Weekly worship services have continued at our Watergate Street premises throughout the year under review.
During the year we have continued to welcome a number of new people to our Sunday services, some taking the opportunity to retire to our area of Shropshire and, again, people from other nations who are working in the area, primarily in the care sector. We are delighted to be a broad multi-ethnic congregation of God's people from all economic and educational backgrounds including some with mobility challenges who are easily able to access our premises. It has been a joy to welcome these new folk and to benefit from their Christian and cultural experiences. Congregations regularly exceed 80 representing all age ranges. Many of the talks given during our services are recorded and uploaded to our Facebook and You Tube channels where those who are unable to attend can listen.
Beacon Church has no formal membership on the basis that all Christians are part of One Body in Christ. We continue to encourage those who are new to the church to attend our 'Introduction to Beacon' course which sets out our beliefs, values and vision and then to decide whether or not to become part of the Family which is Beacon Church. We welcome all who wish to express their commitment to the life and work of Beacon Church. The Beacon Church family, as defined as those who have made a commitment to the church, currently exceeds 100. It was a particular joy to hold two baptism services during the course of the year at which 11 people of varying ages and cultures were baptised on profession of their faith in Jesus Christ.
The Alpha course has again been delivered during the year at our Watergate Centre including a simple meal for those participating. We have continued with the less formal format, making the initial commitment less daunting by providing the course material in two halves rather than in one block. As with previous courses run in this format most people wished to continue to the end of the second tranche of sessions. We seek to migrate these attendees into other groups and activities within the church. Further courses are planned for the coming twelve months.
Our mid-week Connect Groups - small groups meeting in individuals' homes - have thrived during the year. Groups meet within the town and three groups meet in outlying village settings. An additional Youth Connect Group has commenced during the year catering for our younger teens. The groups provide the opportunity to share in fellowship as well as worship, study and prayer. We are most grateful to those who offer hospitality in their own homes to facilitate these groups.
Powerhouse - our monthly evening meeting for worship, praise and prayer - has continued throughout the period under review. It provides an opportunity for people to worship God more freely than is sometimes possible within the structure of regular morning services which are designed to be more 'visitor friendly'.
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026**
The evening prayer initiative over Zoom - which began during Covid - has again continued throughout the year on Monday and Friday evenings. These meetings remain popular, especially with those who live a distance from the church centre and with 'carers' who can remain in contact without having to make alternative arrangements for their spouse. We continue to assert that we see prayer as the petrol that fuels the motor that is the church.
The Monday morning prayer initiative, focused largely on the needs of the worldwide Christian community - especially those subjected to persecution for their faith - has met at our Watergate Centre throughout the year under review.
## **Social Action**
Warm (or Welcome) Space - set up in the autumn of 2022 which initially grew out of a scheme by Shropshire Council - has continued to provide a safe and warm place for people from our community to meet together over light refreshments, games, puzzles and social interaction. Many of those who regularly attend would describe themselves as being lonely and in need of company and although the group is not large it is seen as a valuable asset to those who come. Connect for You - designed for adults with educational or mobility challenges (and their carers if desired) has also continued throughout the year and is a place where great hilarity is experienced alongside fun, games, and refreshments! In the autumn of 2025, we began a new initiative to provide a safe space for those recovering from addictions of various kinds to meet with an experienced worker to talk and seek support and encouragement. Statistics suggest there a number of people in that category living locally and we seek to help them in their journey to full recovery.
Buzzy Beas - our group for parents and toddlers - has now celebrated its second birthday and is invariably very busy. The group is providing opportunities to parents/carers (both female and male) to meet together with others experiencing similar challenges and 'growing pains'. It has been a pleasure and privilege to get to know both the adults and the children as we have fun together and to welcome some to Sunday services.
We had the pleasure of welcoming Andy Kind, a Christian comedian and speaker, to a special evening event during the autumn. This highly successful occasion included a light meal for all who attended. The evening was entertaining yet included a serious Christian message.
## **Young People’s Activities**
‘Bea Club’ – our after-school activity for children aged between 7 and 11 years has been very well attended during the current year. We have been able to cater for some additional children in response to demand. The Club provides youngsters with craft activities, games, a Bible story and prayer.
Sadly, we have had to suspend BYG (Beacon Youth Group). Our small volunteer team was stretched in meeting the demands of a large increase of less respectful young people from the community and, for safety reasons, the decision was made to close this activity until such time as we can provide adequate adult supervision. A group for teenagers does still meet on alternate Sunday mornings as part of our regular service.
Two Easter Extravaganza events fell in this twelve month period because of the way in which Easter dates are calculated. Our 2025 event was slightly less well attended than in previous years but the 2026 Extravaganza was extremely busy with many visitors. Both were happy and successful occasions where members of the community were able to join us for children's craft activities and refreshments.
Shropshire Council use our premises for a number of their groups most of which appear to meet their intended needs. Their outreach to local homeless people (reported last year) did not get off the ground despite the best efforts of their project leader.
SYA (Shropshire Youth Association) have continued to use our premises one evening a week (in school term time) to run separate groups for two age ranges of children / young people.
## **Mission and Evangelism**
Beacon Church remains active outside of our own premises at events not necessarily organised by us:
## **1. Representation at activities organised by other groups:**
- Beacon Church has joined with the congregations of the other three churches in the town in events such as the annual March of Witness through the town centre on Good Friday, the annual town-wide Christmas card/greeting distributed around the town, the series of Lent Lunches (mainly held at our Watergate Centre) and joint services to recognise special occasions such as the Week of Prayer for Christian Unity, Bible Sunday and the annual Christian Aid Week activities culminating in Christian Aid Sunday.
**2. Outreach activities organised and run by our own people:**
- We have again been able to use our premises as a base to support community activities such as the monthly Artisan Market and the annual Blackberry Fair and Christmas Light Switch-on celebrations.
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026**
## **3. Social and general interest events:**
- In addition to running a monthly Blood Pressure service for the general public at our Centre, it has again been our privilege to welcome the Hearing Loss volunteers and Social Service activities for both individuals and groups such as family group meetings, contact arrangements and dementia care training.
## **4. Alpha and ‘Special’ Services:**
- The Town Band played at our Carol Service once again. It was heartening to see so many people, many of them first time visitors, to join us for this special occasion when children from our BEA Club contributed to the proceedings. The previous week was also a 'special' service designed to be an inter-active style of worship to a mainly younger congregation. Alpha has been an on-going feature as reported elsewhere.
## **5. Watergate Street - also known as Watergate Centre:**
The Beacon Church took ownership of 5 Watergate Street in the heart of Whitchurch in December 2020 during the Covid lockdown. In the year under review, further considerable work on those premises is gradually bringing them up to a high standard facility both for our own church activities and for the wider community. We are seeing the benefits of the improved heating and lighting systems in our energy bills and our reduced carbon footprint . Work on the ground floor is almost complete as we contemplate developing the first floor into useful **•** facilities.
Whitchurch Men in Sheds have continued using rooms on our mezzanine floor as a base for their equipment and workshop meeting at least twice a week. Whitchurch Singers provide for those with limited musical ability who yet find great enjoyment and companionship in meeting weekly in school term time . Shropshire Youth also meet weekly during term time (as previously mentioned) and we continue to host a nationally recognised holiday club.
Our sole full-time employee is responsible for opening/closing/welcoming at the Centre, maintenance, repairs and cleaning, and also undertaking work in connection with the ongoing alterations. We also employ a part-time worker to lead our Buzzy Beas pre-school club and have, this year, engaged the services of a part-time administrator.
## **Ecumenical Relationships**
Beacon Church remains part of Churches Together in Whitchurch and we have continued to take a full part in local multichurch activities including the annual Christian Aid Week collection and the Easter March of Witness as reported above. We see our partnership with the established churches in the town as important to witness to our community.
With regard to Whitchurch Foodbank, the church continues to be represented both on the voluntary Management Committee and the band of helpers who operate the Foodbank week by week. Foodbank services continue to be in considerable demand in our locality. The Foodbank has continued to provide access to Citizens Advice Bureau services and their appointments are held on our premises.
## **How our activities deliver public benefit**
Services at The Beacon Church are open to all members of the public who are welcome to attend any of our services and activities. It remains our aim that Christians should not transfer from other churches to join us but rather that we reach out to the ‘un-churched’ in Whitchurch and the surrounding areas. Our premises are available at reasonable cost for use by not-for-profit groups within the community.
All our outreach activities are organised with the non-church-going general public in mind: we try to reflect this in our advertising for these events. We are seeking to develop further programmes that will be of benefit to our local community as a whole in addition to the Drop-In for recovering addicts previously referred to.
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026**
## **Transactions and Financial Position**
The Church’s financial results and state of affairs for the period ended 31st March 2026 are summarised in the accounts. At that date we had accumulated funds of £461,122 of which £4,772 is money held for our upcoming church weekend away at Cefn Lea, £56,161 held in our First Floor Building Fund, £100 for our Ladies Only activities and £404 remaining from a grant for Warm/Welcome Space which will be utilised during the current year. Additionally £4,533 designated for Mission and Relief has not paid away during the year under review, Together this leaves £395,152 by way of general reserves. The Elders and Trustees consider this to be a satisfactory result for the Church at the end of its eighteenth accounting period, and provides a basis to launch into a further year of growth and development. The Elders and Trustees however, continue to be very aware that much of our income is vested in a relatively small number of principle donors, as a result of which income can fluctuate swiftly as members move away (or their circumstances change) and others join the church. They are also very aware that the current financial challenges that many of our congregation face may impact their ability to maintain giving at present levels. Whilst no specific actions are considered necessary the Elders and Trustees are especially aware that the uncertainties surrounding the church’s income could quickly impact our ability to meet our commitments to staff and the repayment of our mortgage.
## **Reserves Policy**
As reported in previous years, our Reserves Policy has been updated with a view to saving money for the transformation of the first floor of our building to provide additional facilities for ourselves and the community of Whitchurch. The initial cost of providing access to the first floor is considerable and may take several years to achieve. We are seeking to balance the need to hold this finance with paying down our mortgage debt thus saving money in the longer term.
## **Volunteers**
The three Elders and the Trustees operate wholly in a voluntary capacity. Anything up to 20 people are involved in almost all of our Sunday services working in varying capacities such as children/youth, refreshments, welcoming, leading sung worship, speaking, reading and so on. All of our activities (apart from Buzzy Beas), our mid-week Connect Groups, our youth activates and outreach events are totally reliant on the giving of voluntary time and energy by the church family. We are so grateful to each and every one of them.
## **Plans for future periods**
Work on alterations to our Watergate property will continue in as quick a time frame as possible. Some of this work will be undertaken by our own volunteers but more extensive projects will continue to be undertaken by professionals. The speed of that work will be dictated by our ability to attract grants and other giving streams. Architects have been engaged to advise on the possible development of our first floor space which would greatly enhance the facilities we have and provide
It is now eighteen years since Beacon Church was established in Whitchurch. We want to continue to build the church and to reach out into the town and surrounding areas and to have a greater impact for Jesus Christ in the community of Whitchurch. As more work is done on our premises and they appear more 'attractive' we want to introduce further groups and programmes to help in our community, to provide space for others to work and offer services, and to encourage yet more professionals to meet with their clients at Watergate.
## **Risk Management**
The Elders and Trustees continue to monitor and revise risk assessments with regard to our activities.
A rigorous Safeguarding Policy is in force, and all personnel working with children and vulnerable adults are approved subject to DBS checks. The Trustees are continuing to update all our policies to ensure they are robust and meet our legal responsibilities adequately. There have been no significant incidents requiring to be reported in the year under review.
## **Related Parties**
The Beacon Church is an autonomous body. It is a member of ChristCentral Midlands (made up of Newfrontiers churches in Shropshire and neighbouring counties) which itself is part of ChristCentral uniting the Newfrontiers churches situated from the Midlands to Scotland and some overseas countries. These links are particularly useful in terms of the support and encouragement they offer the Eldership team. There are, however, no legal or financial commitments either way.
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## **THE BEACON WHITCHURCH LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026**
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The Directors are responsible for The Beacon Whitchurch Limited for the purposes of company law.
Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP:
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant accounting information of which the charitable company’s independent examiner is
- unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant accounting information and to establish that the independent examiner is aware of that information.
Approved by order of the board of trustees on 5 June 2026, and signed on its behalf by:
D Seager Director and Trustee
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## **THE BEACON WHITCHURCH LIMITED**
## **INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS/TRUSTEES OF THE BEACON WHITCHURCH LIMITED**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2026 which are set out on pages 11 to 19.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2011 (‘the Act’).
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. the accounting records were not kept in accordance with section 130 of the Charities Act; or 2. the accounts do not accord with those records; or 3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Robert Humphreys BEng FCA
James, Holyoak and Parker Limited 1 Knights Court Archers Way Battlefield Enterprise Park Shrewsbury Shropshire SY1 3GA
Dated: 5 June 2026
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## **THE BEACON WHITCHURCH LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
## **Summary Income and Expenditure Account**
|**Notes**
**Income from:**
Donations & legacies
2
Income from charitable activities
3
Other income
4
**Total incoming resources**
**Expenditure on:**
Charitable activities
5
**Transfers between funds**
20
**Reconciliation of funds:**
**Transfer between funds**
Total funds brought forward
20
Total funds carried forward
20
**Net income/(expenditure) and net movement**
**in funds**|**Restricted**
**£**
59,971
4,956
-
64,927
(41,648)
-
**23,279**
14,071
24,087
61,437|**Unrestricted**
**£**
98,365
6,475
13,669
118,509
(100,262)
-
**18,247**
(14,071)
395,509
399,685|**Total**
**2026**
**£**
158,336
11,431
13,669
183,436
(141,910)
-
**41,526**
419,596
461,122|**Total**
**2025**
**£**
192,033
5,124
9,814
206,971
(113,145)
-
**93,826**
325,770
419,596|
|---|---|---|---|---|
The Statement of Financial Activities includes details of all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
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## **THE BEACON WHITCHURCH LIMITED**
## **BALANCE SHEET AS AT 31 MARCH 2026**
|**Notes**
**Fixed assets**
Tangible assets
15
**Current assets**
Debtors
16
Cash at bank and in hand
17
18
**Net current assets**
**Net assets**
**Charity funds**
Unrestricted funds
20
Restricted funds
20
**Creditors: amounts falling due within**
**one year**
**Creditors: amounts falling due after**
**one year**|11,746
133,294
145,040
(4,857)
(69,553)|**2026**
**£**
390,492
70,630
461,122
399,685
61,437
461,122|7,795
105,568
113,363
(6,593)
(76,496)|**2025**
**£**
389,322
(30,274)
419,596
395,509
24,087
419,596|
|---|---|---|---|---|
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements were approved and authorised for issue by the Board of Trustees on 5 June 2026 and signed on its behalf by:
………………………………………… ………………………………………… **J Muir K Holland Director and Trustee Director and Trustee**
The notes on pages 13 to 19 form part of these financial statements.
Company Registration Number: 06587579 (England & Wales)
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## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1. Summary of significant accounting policies**
## **1.1 General information and basis of preparation**
The Beacon Whitchurch Limited is a private company limited by guarantee, and a registered charity in England and Wales. The company number is 06587579 (England & Wales), and the registered charity number is 1124750. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is 5 Watergate Street, Whitchurch, Shropshire, SY13 1DW. The nature of the charity’s operations and principal activities are that of the advancement of the Christian Faith.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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), the Charities Act 2011 and the Companies Act 2006.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **1.2 Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
## **1.3 Income recognition**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Voluntary income is received by way of grants, donations and gifts, and is included in full in the Statement of Financial Affairs when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Investment income is included as it becomes receivable.
## **1.4 Expenditure recognition**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
Expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
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## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1.5 Tangible fixed assets**
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Freehold property Not depreciated Equipment 25% on a straight line basis
Freehold property is not depreciated as the directors consider the market value of the property to be no less than the historic cost, and that to depreciate the property would not be appropriate.
## **1.6 Tax**
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
## **1.7 Going Concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
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## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
|**2.**
**Income from donations and legacies**
Gifts under Gift Aid
Tax reclaimed under Gift Aid
Sunday Offerings
Sunday Offerings under GADS
Sunday Offerings reclaimed under GADS
Donations not subject to Gift Aid
Hope Church (North Shrewsbury)
Legacies
Grants received
**3.**
**Income from charitable activities**
Refreshment income from events
Silver Diners
Easter Extravaganza
Quiz Nights / Supper Quiz
Buzzy Beas
Cefn Lea Away Weekend
Saltmine Christmas production
Ladies Only
Blackberry Fair
Christmas Lights Switch-on
international supper
Andy Kind outreach evening
**4.**
**Other income**
Rents for Centre use
Sundry items
Interest received on cash deposits
**5.**
**Analysis of expenditure on charitable activities**
**Costs directly allocated to activities**
**Note**
Property expenses
**6**
Services expenses
**7**
Outreach expenses
**8**
General expenses
**9**
Giving expenses
**10**
Renovations 5 Watergate Street
**11**
First Floor Development
**11**
Depreciation
**12**|**Restricted**
**£**
25,534
6,384
-
27
7
3,042
1
23,976
1,000
59,971
**Restricted**
**£**
-
-
-
-
-
4,506
350
100
-
-
-
-
4,956
**Restricted**
**£**
-
-
-
-
**Restricted**
**£**
500
-
798
4,722
2,250
24,109
9,269
-
41,648|**Unrestricted**
**£**
59,998
14,906
190
1,741
435
18,431
-
2,664
-
98,365
**Unrestricted**
**£**
50
1,356
342
115
1,387
-
2,226
-
309
321
-
369
6,475
**Unrestricted**
**£**
12,374
135
1,160
13,669
**Unrestricted**
**£**
54,197
3,034
8,480
10,854
22,875
-
-
822
100,262|**Total**
**2026**
**£**
85,532
21,290
190
1,768
442
21,473
1
26,640
1,000
158,336
**Total**
**2026**
**£**
50
1,356
342
115
1,387
4,506
2,576
100
309
321
-
369
-
11,431
**Total**
**2026**
**£**
12,374
135
1,160
13,669
**Total**
**2026**
**£**
54,697
3,034
9,278
15,576
25,125
24,109
9,269
822
141,910|**Total**
**2025**
**£**
95,055
23,077
90
1,705
426
56,468
4,662
-
10,550
192,033
**Total**
**2025**
**£**
22
1,562
-
306
1,220
-
620
-
856
313
225
-
5,124
**Total**
**2025**
**£**
8,403
382
1,029
9,814
**Total**
**2025**
**£**
49,959
889
4,740
8,382
17,132
31,174
-
869
113,145|
|---|---|---|---|---|
-15-
## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
|**6.**
**Analysis of property expenses**
**Note**
Mortgage interest
Repairs and equipment
Maintenance and servicing
Rates and services
Salary costs
**14**
Cleaning
Stationery etc.
Sundries
**7.**
**Analysis of services expenses**
Speaker expenses / aids to worship
Training costs
Training resources
**8.**
**Analysis of outreach expenses**
Publicity and advertising
Youth and childrens' work
Easter activity events
Connect for You
Buzzy Beas'
Ladies and Men's Groups Activities
Welcome / Warm Space
Theatre production expenses
Alpha expenses
Quiz Nights
Church Weekend Away / Cefn Lea
Churches Together and Christian Aid
Blackberry Fair
Christmas Lights Switch-on
Missions Evening - Andy Kind
Television Licence
Silver Diners
Prayer Event
Women's Conference
Meet & Greet
Into The Word
Christmas Decoration & Lunch|**Restricted**
**£**
-
-
-
500
-
-
-
-
500
**Restricted**
**£**
-
-
-
-
**Restricted**
**£**
-
-
-
-
-
92
36
350
-
-
320
-
-
-
-
-
-
-
-
-
-
-
798|**Unrestricted**
**£**
4,955
895
1,620
8,183
36,078
1,348
945
173
54,197
**Unrestricted**
**£**
657
2,233
144
3,034
**Unrestricted**
**£**
1,423
321
316
22
290
190
24
2,505
189
33
-
213
12
11
577
174
1,045
82
706
223
15
109
8,480|**Total**
**2026**
**£**
4,955
895
1,620
8,683
36,078
1,348
945
173
54,697
**Total**
**2026**
**£**
657
2,233
144
3,034
**Total**
**2026**
**£**
1,423
321
316
22
290
282
60
2,855
189
33
320
213
12
11
577
174
1,045
82
706
223
15
109
9,278|**Total**
**2025**
**£**
7,890
318
1,916
10,500
26,783
1,345
1,017
190
49,959
**Total**
**2025**
**£**
470
238
181
889
**Total**
**2025**
308
177
93
11
78
442
53
1,250
219
56
400
150
-
17
66
169
1,162
-
-
-
-
89
4,740|
|---|---|---|---|---|
-16-
## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
|**9.**
**Analysis of general expenses**
**Restricted**
**£**
Refreshments
60
Equipment etc.
-
Legal costs / insurance / music licences
-
Safeguarding costs
-
Accountancy costs
-
Church Fleeces and polos
-
Evangelical Alliance
-
Hope Church, Shrewsbury - holding fund
4,662
Bank Charges
-
Sundry expenses
-
4,722
**10.**
**Analysis of giving expenses**
**Restricted**
**£**
Church tithes paid to missions
2,250
2,250
**11.**
**Watergate Street**
**Restricted**
**£**
Renovations and improvements
33,378
33,378
**12.**
**Net deficit for the year**
Net deficit is stated after charging:
Depreciation of tangible fixed assets owned by the charity|**Unrestricted**
**£**
1,087
2,455
4,586
519
840
-
100
-
26
1,241
10,854
**Unrestricted**
**£**
22,875
22,875
**Unrestricted**
**£**
-
-|**Total**
**2026**
**£**
1,147
2,455
4,586
519
840
-
100
4,662
26
1,241
15,576
**Total**
**2026**
**£**
25,125
25,125
**Total**
**2026**
**£**
33,378
33,378
**2026**
**£**
822|**Total**
**2025**
**£**
676
2,069
4,164
307
360
378
-
-
-
428
8,382
**Total**
**2025**
**£**
17,132
17,132
**Total**
**2025**
**£**
31,174
31,174
**2025**
**£**
869|
|---|---|---|---|
## **13. Trustees' and key management personnel remuneration and expenses**
No remuneration was paid to trustees or key management personnel during the year.
During the period, re-imbursement of expenses to the trustees totalled £19,972 (2025: £10,375). These expenses related to items purchased by individuals on behalf of the Charity primarily for building materials and equipment for the new Watergate Centre. The Company has a number of trade accounts for regular suppliers but many items remain 'one-off' purchases.
|**14.**
**Staff costs and employee benefits**
Basic salary payments
Pension costs|**2026**
**2025**
**£**
**£**
35,254
26,055
824
728
36,078
26,783|
|---|---|
-17-
## **THE BEACON WHITCHURCH LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2026**
## **15. Tangible fixed assets**
|**Cost or valuation:**
At 31 March 2025
Additions
At 31 March 2026
**Depreciation:**
At 31 March 2025
Charge for year
At 31 March 2026
**Net book value:**
At 31 March 2025
At 31 March 2026
**16.**
**Debtors**
Gift Aid
Other debtors
**17.**
**Creditors: amounts falling due within one year**
Other creditors
Mortgage
**18.**
**Creditors: amounts falling due after one year**
Mortgage
**19.**
**Analysis of net assets between the funds**
Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
390,492
4,660
395,152|**Freehold**
**Property**
**£**
388,872
-
388,872
-
-
-
388,872
388,872
**Designated**
**funds**
**£**
-
4,533
4,533|**Equipment**
**£**
9,313
1,992
11,305
8,863
822
9,685
450
1,620
**2026**
**£**
10,124
1,622
11,746
**2026**
**£**
1,928
2,929
4,857
**2026**
**£**
69,553
69,553
**Restricted**
**fund**
**£**
-
61,437
61,437|**Total**
**£**
398,185
1,992
400,177
8,863
822
9,685
389,322
390,492
**2025**
**£**
6,703
1,092
7,795
**2025**
**£**
3,502
3,091
6,593
**2025**
76,496
76,496
**Total**
**£**
390,492
70,630
461,122|
|---|---|---|---|---|
-18-
## **THE BEACON WHITCHURCH LTD**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **20. Fund reconciliation**
|**Unrestricted:**
General reserve
**Designated funds:**
Mission and relief
Total unrestricted funds
**Restricted funds:**
Warm/Welcome Space Project
Building fund
First Floor Development Fund
10,000
Devoted conference bursary
586
Ladies Only / Pieced Together Fund
Saltmine Production
-
Hope Church, North Shrewsbury
4,661
Abigail & Davey Calko
Total restricted funds
**Total funds**
395,509
**As at**
**1 April 2025**
**£**
388,699
6,498
2,250
24,087
-
**419,596**
92
6,810|**Income**
**£**
95,661
22,848
118,509
1,000
3,540
55,430
4,506
100
350
1
-
64,927
**183,436**|**Expenditure &**
**gains/(losses)**
**Transfers**
**£**
**£**
(75,137)
(14,071)
(25,125)
-
(100,262)
(14,071)
(596)
-
(24,109)
14,071
(9,269)
-
(320)
-
(92)
-
(350)
-
(4,662)
-
(2,250)
-
(41,648)
14,071
**(141,910)**
**-**|**As at**
**31 March 2026**
**£**
395,152
4,533
399,685
404
-
56,161
4,772
100
-
-
-
61,437
**461,122**|
|---|---|---|---|
The balance maintained on the Designated Fund represents the amount set aside by the charity specifically for the support of ongoing projects.
## **21. Related party transactions**
No material transactions with related parties occurred during the year, other than the re-imbursement of trustees' expenses detailed in note 13.
-19-