CHRISTCHURCH Banstead ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Registsred offi. 150 High Stree¢ Banstead, Surreyi Companynumber. 06700653 Registeredcharftynumber. 1126514 SM7 2NZ
Christchurch Banstead Annual Rep)rt & UnauditeJ Flnanaal Ststements for the year end8J 31 Eecemter 2025 Contents Pages Trustees Annual Repjrt for 2025 I, IntrJuCtIon 1-12 2. Aching the Church's Pur Purwse and aims Values CerVieW of 2025 Future anS 3. Financial Management Financial review General Fund Misslon Fund Designabj Funds sla1 collÈYtlons Propty valuation review G)ing Conrn review 4. Charity Management Church leadershlp Ministry and Servi strutture Staffing 9-10 5. Governan Church status Eetsils of key advisLYs and servio provlders Organisatlonal affiliations Penefioal rdatsonships Health and safety and securfty safeguarding Dats ProtOn Risks and uncertalnties Trustees, Kcounting and rw)rting responsibilities IndekEndent Examintr s Rewrt to the Members Unaudlt8J Financial Statements 11-12 13-14 15-24 Ststement of Financial Activits'es 15 Balan Sht 16 Staent of Cash Flows 17 Notes to the Flnancial Statements 18-24
Christchurch Banstead Charity registratlon number.. 1126514 Company number.. 067CK)653 R&Jister Offi.. 150 High Street, Banstead, Surrey, SM7 2NZ ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR 2025 Introduction Christchurch Banstead (or'the Church.? was incorwrated as a private company limited guarantee (Company numter 06700653) on 17" Septemter 2008 and thereafter was rejistered with the Charltres Commlsslon (Charity numter 1126514). The Trusts preSt their rert and the financlal statements of the Church for the year end&i 31 Cec8nter 2025 C'2025'?, giving an account of how the Church has fulfilled its charitable and legal obligations. The finanaal ststements have In prepar8J in accordance with the accounting policies set out in Note I to these finanoal statements and comply with the reyuirements of the Ststement of Recommend8J Pr'AccOuntlng and Rewrting by Charities" effettive from January 2019 (which comF4ies with the provisions of Financial Rep)rting Stsndard 102) and the relevant provlsions of the Companies Act 2006. This rewrt provld& an account of attivity durlng the y8ar, under the following themes.. Achieving the Church's Puwse Flnancial Management Charity Manbjement Govemance Matters Achleving the Church's Purpose 2.1 Purpose and Alm5 The Church's purp)se is to advance and express the Christian faith in Ferticular by.. making known the GosFel of Jesus to as many LEople as Wssie. maintsining an Undenominati¢al gospel mission work,. making faithful and olkdient disciples of Jesus Christ; uipping Christians for ministy and encouraging th to u evw spiritual gift txovlded by G&J in love, in accordan with the Bible,. worshipping in every part of personal and corwrate Ilfe; funthoning as a local church of Christian believers,. and wrsuing lifestyle, sooal attion and community involvement consistejit wlth biical teaching.
The purpose and aims of the Churth are focus8J on bringing Spiritual benefit and prCal asslstance to those in n&d, e5wally those w5thin our local community. The prlme spiritual Inlt is to bring Wiple into a dIrt rdaijonshlp wlth the Lord Jesus Christ, whlle the prackncal trenlts flow from a desire to refl&t the bve and truth of Christ in a nay world. SpSritual beneffts To achieve these we engage in: Evangelism to all, regardless of age, w, lif&tyie, ability or ethnicity,. Public Christian worship,. Bible teaching to children, young ppIe and JJults' DisciFAeship to those who want to grow in the Christsan faith,, Training for those who participate in the work of the Church,. and Support for organisations and indwiduals who engage In evangellsm, churth planting and Bible teaching across the world, Prartical benefits To aChIe the* we provide in a Biblical context.. Rerr6aJonal and leaming facilities for Childr and young pwple; Support to young families and kprents,. Pastoral and practical Ca to others In a variety of settings.. home, hostrftsl, nursing homes and prisons; Counselling and trainlng in relatlonshlp issue5,' and Support to organisatlons and individuals who provide care or resp)nd to the personal ne&Js of others. These channels of the Church telng a tenefit to others directly flow from the teaching of Jesus Christ: .1 am the light of the world. Whoever follows me will never walk in darkness, but will have the light of Irfe., (Matthew8.12) and et your light shine tdore men, that they may see your good deeds and praise your Fath In heaven." (Matthew 5,16) The Church 0rateS as an undenominational g05k£ missi¢Jn work to conform with the covenant on the church [Yemi. This is achiev8J through delivering all the tivItI of the Church In an Integrat manner. Worship, teaching, training and mission are the reasons for every attivity and asm of the Church's life. This follows the Biblical pattern of church life in which there 15 a continuous cyde of disa&MakIng, discipl&epuipping and dlsciple-sending to make more disciples of the Lord Jesus Christ - all within a framework of worship and &'blical teaching. The Trustees tske thls opwrtunity to reafflrm thdr full commltment to the ststed purpose and to the Church's Statement of Faith (as disklayed on the church websiE).
2.2 Values The Church's primary values, intrc¢Juced in January 2018, are as follows.. Jesus.. iys all atxsut him; The Bible... everything we ne8J to know aiJ)ut everything that matters; The Cross... the place of forgive$s, the pjwer for change,. Each Other... all kelievers in Christ klong to God's family; and The World... we want to share Gc¥J's gcc¢J news wlth everyone. 2.3 Ovttvlew of the Year Key Obiectivas Our key obi&tives remained unchan, refiecting the continulng purrose and aims of the Church which are to.. l) provide a full cor0mme of evangelism and OutrCh. 2) maintsin a firm commitment to discipleship and ministy training; 3) supwrt the community within a &'biical frameworL' and 4) develop the Church as a local Lxyjy of Chnstian tdievers. Summary The Trustee5 give thanks to the Lord as they reccgnise His goTrJns in so many ways durlng 2025, notsbly for.. rim Bodman bejinning his ministry at the church as Senior Pastor,. teing able to prioritise maknng time to rejoi and delight in Christ, e$iallY through Prayer & Praise evenings,. 2 pIe professing faith in Jesus Christ publicly through tspJsm' visits to the UK by the Craghtons (SeIng in Nigeria), the Millers (serving in Spain), and Wasrn Khokar (serving in Pakistan),. the flnancial ne&Js of the Church teing fully meti prlncikxilly by rejular committej giving but also through lump sum gimng, to enable It to fulfil its purpose and aims; growth Sn numtws attending Sunday servi, esFecially families with young chlldren. Regular Groups All the estsblish8J groups, for children, young and adults continu&J to run and were well attend. The Trust5 are gratul to the Setving Manters who have stsrted, or continu&1, serving in these groups over the past year. The Small & Local Groups and monthly Prayer Gatherlngs conbnuej to t wdl suwort&l. A monthly Saturday mornlng meeting continues for the purpose of praylng for the Church, for our local communlty and wider Issues In the world. The Spjtlight SlonS of our Sunday evening ServIS focussed on Midwek Ministries during the autumn. This was an encouraging opprtunity for kning Members to hear abjut these ministrits and pray for them, Membershlp The Serving Memtership stoJd at 161 at 31" Eetrmter 2025. This was an Increase of 5 over the year. In totsl, 10 Serving Memters were Indutt in 2025, including i new teliever following thelr bapty'sm, with 5 Memt%¥S moving on. 2 new belitwers were baptis8J.
Famllies,, Chlldren's and Young Peopl¥s Events These induded the established Family Fun Time (On a quarter), Easter EggsFlora, a tight Paty at the end of Octoter and Carols Round the Crib during Advent. As part I our Christmas events, the Church presentejj the Christmas story through Lego disjays. This was sn by more than 300 childw and krents, induding children from a local primary school. A Summer Ywth Camp was held at SiTrwell Hall in Suffolk and was attend8J by 59 young peotle and leaders. Outreach and Guest Events A numter of outreach events were held during the year, induding mlssion wk in June where varlous outreach eVts ty)k place includirvJ a quiz night, youth event, family show and a village BBQ. The follow up of thls outreach involval the Church running a HO Explored ourse with the SUPtKIrt of our Small & Local Groups In July. This was a wonderful opwrtunity to th m tcoether in our groups whilst encouraging non-ChristIar to hear the gosFel, ask questlons atrnut faith and come to know where hore can te found. Our Eastw and Chrfstmas savices and pAents were pubiicised through the delivery of Inwtations, Wlth a gos0 tratt, each to more than 3,000 homes. Thls was suppJrt8J ty a small team undertaking evangelism in the Hlgh Stre&, engaging Fe)Ple In 0)nVeatIonS alxtut the Church and the gospel. Jack & Jill Prtrschool The Lord continued to 4uip the Pr&Schcol with strong Christy'an leadership and to draw the rffjuired numters of children to keep it viable finanoally. 2025 was another good year and the Trustees pray the Lord will continue to bring ChIldr to the Pre-school. Ridgemount Care Home The monthly SeNS at Ridgemount have continued. The team continues to LE wdccsm8J ty the staff and the reSIdts who attend the sermces. The Trustees are eSriallY grateful to all the Staff and to all the Serving Members who served so willingly and sacrifiaally in order to maintsln the Church's gosré ministry and to honour the Lord Jesus Christ. Development Thanks to the gracious provision of the Lord, It has teen ssIble to undertske a numtEr of development wojects in 2025, induding an UFxJrade to the fire alam, additional external storage and redOratIOn of the main hall.
Mission Our Misslcn Partners &3ch vlslt& the Church during 2025, The Millers vislt was part of thelr 3 month sabbatical dunng whlch they swt time on retreat and deVelong their vision for their church in Cordoba as well as renewing rdationships with their suprorters and their families. The Craghtons visit was their r8Jular vislt for rtst and renewal. V15tOng suprterS and family around the UK. Wam similady regularly visits each year to renew retationships and to rest. Both Rick and Alanna teach in the seminary in Jos where Rick also trovi Chrisb'an counselling to many of the students. It was a biesslng to also te able to retsm kn famille5 from indenturej servitude In the brick kiln villages slavery In Lahore, through our partnership with Weern Khokar. An additlonal family was raJrne following slfIC support from servlng members, The Trusts a also grateful to te able to continue supporting our Mission Links, including Asnath Uwizeye, serving as a womwt's Bits4e teacher in Rwanda,. AesS Theatre comnY who create and rerform Christian dramas for missi)n outreach,. Holy Trinity Everton for the supwrt of their drug outreach ogramMe and Roger Carswell to supp)rt his ib'nerant evangelical ministy. It was also a Joy to tse at4e to support a serving memter on short-tem mission. In NovemLEr, we welcomed Harry Crawley from Elam ministrie5 to SFeak on the extraordinary faSth, en the faTr of severe re5trthons and Fersecution, of our Christian lyothers and slster5 in Iran on the International Day of Prayer for the Perseart8J Churth. The Christmas collion was taken In supwrt of HoFe Now (Ukraine Christian suwort) and ELAM ministries (Iranian Christian supp)rt). 2A Future Plans The objective of all fubjre ministry is, as stated in Matthew's Gospel (chapter 28 verse 19) to gr) and make disciples of all nations, to teptise them in the name of the Fatrter, Son and Holy Spirlt and to teach them to otey everything our Lord has commanded. Tl)e Church will continue to fulfil its purp)* and alms through ministy whlch Is Christ- ntrej, Spirit-filled, BiLl&b3sed and prayer-fudled. This will Èe done by using the same four key objeth'ves and pursulng the theme of "Go, Win, Gro. The Trust&s will continue to miew the appropriateJ)ess of different formats and channels for the ongotng t&iching and outreach of the Church.
Flnanual Management 3.1 Financial Review The Trustees have contlnued to k the Lord's leading for the Church's minlstry and mission work and are very thankful to all who have given faithfully during this past year, northsnd1ng the continuing financial pre55ur& on many households, Totsl voluntsry income across all Church funds was £805,986 (2024.. £496,765), refitIng a much higher levd of lump sum gifts retyved in lJ)e year at £308,282 (2024., £89,817), mostly to the Eevdopment Fund, and a corresponding increase in the totsl amount of Gift d reclaimaj. The higher ovwall SFending for Church Activities at £688,653 (2024: £660,520) reflts the full year impatt of our ministy team support costs, including for our new Sror pastor, and changes to National Insurantr. Significant needs for financial supwrt continue to be identifled wlthin the memtershlp resLtlting in benevolent grants paid at £25,077 (2024.. £44,130). The surE4us across all funds of £257,308 (2024.. £26,234) was add&Y to reserves. The Church's free re$VeS (defin8J as net current assets of the eral Fund only) at 31 CeMEr 2025 were £209,697 (2024.. £147,1+1) mainly due to significanljy increas8J regular giving and one-off gifts fr¢Jm amongst the serving membership. Summary financials for each of the thr main funds are given below. Furth& details can te found in the financial ststements and rdatsj notes. 3.2 Genexal Fuiid During 2025 the Church ran a full range of atttvities whilst malntsining the live streaming of the Sunday morning se1 for those unable to attend in r$on. As notej aVe, there was a significant inuease in regular giving in reswnse to our givlng teaching and aFalS (for which we are particularly thankful) and lump sum gifts. The Increas8J giving from net new donors and existing donors resulted in an improvement of £41,746 (2024.. redijcbon of £10,552), Overall total voluntsry givlng increasej to £462,409 (2024.. £393,209), refllng hlgh¥ lump sum gifts of £95,682 (2024.. £80,817) along with a corresponding ri* in gift aid recoverable to £83,079 (2024.. £69,320). Income from church attivitits was lower, because the prior year renects charges to cover the costs of our 2024 churth weekend away along with the changes arising from the change of tenanLV in 160 High Strt and the addition rental Feri¢)d for the physiotheraplst in the portacab'ns (£12,000) pwiously part of the Developmemt Fund. The tcstal costs of the General Fund church attivities We higher at £473,965 (2024.. £451,491) mainly due to increawj Ministy costs (primarily the full year effect of our stsff complemen¢ as rtell abave) partly offset by the r8Juttion In Fellowshlp and outreach Costs as thse was no church wkd away in 2025. The net surplus for 2025 was £38,22Q (2024: £29,241) after charging depreciation of £24,333 (2024.. £19,342} and r1vIng £12,500 from the Jack & Jill Pre-sch¢x)l as a contribution for use of churth kYemlse5 (2024: £10,OLXJ) and a transfer of £5,000 to the Mission Fund to assist with tyoviding a house pjrthase dqJ)sit for one of our mSssion partners.
At the year end, GwEral Fund cash reserves were significanuy higher, at £154,846 {2024'. £59,742), due to increased giving as well as the relpt of the dllapidation costs from tlgnity Funerals in 83rly 2025 and lease Income from Bucklefi. 3.3 Misslon Fund Mission Fund voluntary income in 2025 was significanuy loww at £54,536 (2024.. £90,506) including Gift Aid receiveJ and receiVae. This arose due to prioritising giving to the General Fund during 2025 a5 well as derreased lump sum giving. Total Mission Fund costs includlng Mlsslon stsff SUPkK)rt costs and grants paid and payable were £100,349 (2024,. £86,700). The increa was malnly due to increased SUprt for one of our mission partners to provide a dqsIt of £20,000 for the purchase of a house to accommodate them uwn their return from the mission field, along with payments to r&Jeem 3 familits of indenturay latrsurtrs in the brick kilns in Pakistan, £7,605. As a result, thwe was a £39,786 net ouffiow of funds, induding Interest, for 2025 (2024.. £4,690 inflow), decreasing MissK)n Fund res at end-2025 to £23,630 (2024.. £63,416). The Trusts are confident that this is an appropriate levei to SUp[rt the Mission Fund activitie5, and that voluntsry income will te higher in 2026 as the Genal Fund fInanS have teen re5toreJ to a more stsble base. 3.4 Dtsignated Funds Eesignat8J funds are those activities which the Trusts consider need to be separately identifi&1 $0 that the income and costs associated with the relevant activity are accounted for discretely. The Designated Funds primarily consist of the Jack & Jill Prtrschwl, the CEvelopment Fund and grants recelveJ andlor awarded. The Jack & Jill Pre-school provides weekday learning for children below sch¢ol age, primarily fund& by grants from Surrey County Council. IF)come in 2025 increased to £122,470 (2024.. £120,143), although this refi an autumn term drop in child.sesslons, arising from the increase in p-SChoOl provision by l¢xal infant schools. Staff costs, resources and equipment costs were also higher at £103,583 (2024., £98,432), attributable to minimum wage and Nabonal Insurance increaw, and Pre•School paid £12,500 (2024.. £10,000) to the General Fund as the annual contribution for usage of the Church prokErty. Reserves at the end of 2025 amounteJ to £62,649 (2024: £56,262), providing a good level of cost cov. Eevelopment Fund r&Jular giving from memtws dunng 2025 totslla £6 050, ancl a furthw £220,ofyJ of lump sum glfts were received (2024.. £5,280 rejular giving and £6,000 lump sum gifts), which will help fund the next stages of the church foyer and building delopment at 150 High Street, plannej for 2026. Gift Aid receiv81 and receivable on the totsl giving was £57,762 (2024.. £1,570). In addition, rental payments of £12,000 (2024: £12,000) were re1Ved from the physio prattl, which is using the rtacabinS installed mid-2023, together with a legacy of £5,029 (re1V1 from the estate of Lorna Prtmrose Gifford, a former church member) and intgJest income of £7,989 (2024." £Nil) on cash dewsits. Ovttall costs of £8,358 (2024.. £19,074) included £7,956 to Septemter 2025 (2024.. £10,666 full ye3r) for provision of the temwrary buildings. Following the new lease for 160 High str at a lower rent than previously the trust*s revalued the Inv&strnent protty from £225,000 to £2IJo,000 at 31 emLr 2025.
The totsl net assets of the Ewelopment Fund increa1 in value to £2.134 million (2024: £1.860 milllon), comprislng the proFerbes at 158 & 1601160a High str and the Manse at 12 Oakley Gardens, together £1.83 mlllion (2024.. £1.83 million) includlng £2iX),000 for the lock-up shop (Investment prorerty), (2024: £225,000), and other net assets of £329,123 (2024: £29,651), being mainly cash at bank. 3.5 Spttial Collections During 2025, the Churth had one srttlal Chrisbna5 offing ColltiOn for 2 reciplents. Thls was to supp)rt HokE Now wh their Christian relief efforts in Ukralne (also supported at Christmas 2024) and ELAM ministrSes wlth their work SUrting Chrfstians in Iran. Each has glft8J £2,620 from the Mission Fund. 3.6 Property Valuatlon Review With Dignity Funerals terminating thelr lease for the 160 High Street investsnent proFerty in November 2024, a lease wlth a new tenant, Buckleys of Cobham, was enter&J Into in Awil 2015. This protrss of locatlng a new tenant estsblish&J the more Ilmit8J market and lower rental value which, along with the on-9Jng untrrtainty, has led the Twste5 to rL)Juce their estimate of the carrying value from £225,000 to £200,000. The development of the 158-160 High Street buildings for Church use was complet8J in early 2014. They rain in very good condition, and there has elopMent interest in the neighEK)uring proterties and in the Church propertjes, supD)rting the carrying valuab'on of church prorerttes. CEmand for family housing units in Banstead remains strong, and the Trustees are confident that the valuation remalns above the purchase price at which 12 Oakley Gardens is held in the accounts. Hen the Trust consider no impairment charge Is requirej at 31 Cemtser 2025 for these proFeeS. 3.7 GOINJ Concern Revlew The Trust&s give thanks to God that the Church recorded a large n& surplus in 2025, notwithstanding the impact of inflationary pressures on personal and Church finance5, leading to a healthy rese wsition ov¥ all the funds going into 2026. There is a continulng risk that some Church memLErs are unattle (e.g., through Job losses or wage reducbons or inflats'onary and intsrest rate pressures) to maintain or Incr&se their regular glving from current levels. Additionally, the Church may te ca118J utxsn to provide further flnancial and other prICal assIstsn to memters affth by the on- going cost of living trisis and/or Fersonal arcumstsnces. The various Church fund bJdgets prepar8J In late 2025 allow for benevolent funding of Chtsrch memters in tErtFcular neej, and conb'nuing improveMt work on the main Church building, but indicats the overall funding reqUirnent for 2026 is Man4ea4e. The budgets include Gift Aid accruing from gifts re1Ved in 2025, and provlsion for a modest level of additional reJular giving by memters in 2026. The Trust&s will continue to monitor the gUlar givlng and tske appropriate Step to manage costs, if need&l, tsking Into account the Genwal Fund reseNes. In concluslon, the Trustes consider that it is approprlate to present the finanaal statements on a Going cOnM basis.
Charity Management I Church Leadership Leadership throughout the Church must te Bitr4ical, prayerful, united, flpjible, listening and transparent. The overall responsibility for theIal and spiritual teadship of the Churth rests wlth the Trustees, who are the Senlor Pastor, Eld¥s and Ceacons. During 2025 the Elders and Deacons were., Elders Tim &idman, from 22 February Andrew Grimstone Shak Sulliman Stew Foster Alex Bery Alan Bowy Andrew Butt Andrew Evans Nigel Paget Fred Paton Tim Shelley Elclers and EEacons are selth from among the serving memters, usually serve for a skriod of thr years, and can be reappointej. Before an Elder or Cexon is apF()Inted or rfrapp)inted, the SeNing Memtership is given an opportunity of indicating in writing ff they are aware of any substantive reason why the kErson should not be appjinted. The appointment of Trust&s is confirrned at the annual meets'ng of serving rnbers, Newly appointpAI Trustees are advis&l of thdr reswnsibilities as a Trust of a charitsbie company and the $CIfiC r4uirwnents the Church's governan documents. They are also trained in the princtples of Chrisb'an leadership. The training needs of Trustees a reJularty review&J. Ceacons The Churth leadership is primarfly accountsble to Gc(l and is rttognlsed by the Ixal church. It malntsins an oversight of all Churth and fellowship issues. Matters of church discilne are also handlaj by the Trustes, but in a strittly confidents'al manner, The Trustees met on 19 occasions to fulfil prayerfully th8r resp)nsit4lities, whith induded maintaining spiritual oversight of the Church, agreeing plans for the fulIment of the Church's aims and ObJ.1Ve5 and allocatlng resources to &hieve those plans, The Trustees attended the London Gospel Partnership Conference in March, alongside the staff tsam, which focuwj on meeting the challwoes of mission and ministy in a diver and changing context. The Trustees are satisfigj that in fulfilling thdr responsilitieS they have complied with the duty to have due regard to the Charity Commission's guidan on delivering public benefit from the Church s attivities.
2 Mlnistry and Service Strurture To fuffil the aims of the Church, the Trustees del6]ate resronsibility for the regular ministry and service activity to approximately 40 ministy and slTr groups, 83ch with a group lthjer. The group leader is r4uiraY to maintsin a Biblical appr(Wh to their leadership and to comply with the Church's oFerational pJlicie5 (e.g. Health & Safety, Security, Saf8Juarding, Data ProttIOn). The prC£ for communiotion bknn the ministry teams and the Trust5 continues. This includes a first wint of contsct within the Trustees for each mlnisty leader to hetp resolve issue51 proviJe regular Uoates and prayer rUests and estsblish communicatlon bth*n the Twstees and the minlsty leaders, The SeNing Memters me& at an annual meetrng to consider the Trustes, report and financial ststements, and to transatt other business as d&med neSary by the Truste&s or determin8J by the Church s governan docllments. 4.3 Stafflng The following comprisbl the staff during 2025. Those with an astertsk (') did not re1ve any finanoal suprort and those shown as (pm We part-tlme: nathan Arnold Gaynor Atterbury Assistsnt Mintster m &)dman Families Co-ordinator (pm Senior Pastor, from 22 February OpErations Manager (Pff wlth a peri¢)J of maternity leave) Rick and Alanna Crelghton Andrew Evans Mission Partners in Nigerfa Naomi Foster Associate Minister (with a period of patemity leave) Chris Lord Families Worker ' (P/T) Kayla Gartand Assistant Minister (Music & Nthia) Jonny Miller Assistant Minister (Children) Terry and Christine Mill Assistant Minister (Youth) Caroline Scott-Evans Mission Partners In Spain Jules Shelley Pre-school Manager (pm Lorralne Sulliman Maternity cover for Elena WYer ' Offlce Manager and Finance Assistsnt (Ptr) A further seven term-time salarl8J staff are eM0y&l In the Jack & Jill Pre•School. The arrangenents for setknng and reviewing the pay and remuneration are undertaken by a Remuneration Group of thr& Trustee Directors, Andrew Grimstone, Fred Paton and Andy ButL In undertaking their role, tre Group considers the comparable levels of supwrt provided by similar thurches for SFecific rola% and respjnsibilib'es, togethtr with indiwdual circumstants. The Trustees commissioned an independent review of HR prOSe5 and prcc8Jures in 2024. The subs4uent repjrt rerommend8J improvements in several areas. The r0MMended attions from this review were conclud&l and implemented during 2025. Lo
Governan 5.1 Church Status The Church is a charitsbie company, required to comply with the detail&J rbjulatory framework for such charities. The Trustees act within the remit of the charitsble companws Memorandum and Articles of Association. The Church is an independent fellowship of worshining and serving tdiever5 in the Lord Jesus Christ The Church dS not have any denominattonal affiliatlon. The church site and building at 150 High Str( Banstead, are govern8J by a wokErty trust ueated by a trust dat8J 12 June 1896. This requires the site and buildings on It to te used for'undenomlnational goskEI mission work.. The trustees of the property trust are the same as the Church trustees. 5.2 Dlls of Key AdvIsO and SeNlce Provlders: Prlncipal Banker Solicitors Barclays Bank plc, l North End, Croydon CR9 ISX Anthony Collins S)licitors LLP, 134 Edmund Street, Birmingham, B3 2ES Forvis Mazars LLP, 2nd Flwr, Thr Chambedain Souare, Biuningham, B3 3AX Robinson, Kenning & Galkgher, Alrp)rt House, Purley Way, Croydon, CRO OXZ 5.3 Organi5ational Affiliatlons During 2025 the Churth maintsined its memtership of: Evangelical Allian, the largest UK organisation of evangelical Christs'ans the London Gospel Partrership, a group of Bible believing churches seeking to ayvan the Christian faith. Inderendent Examinws Archltects 5.4 8elICIal Relationships One Trust&, Shak Sulliman, is marrSpJa to a staff member who was financially supwrt during the year. One Trustee, Alan Bowyer, is the father-in-law of a staff memlkr who was financially SUpP)rt during the year. One Trustee, Nigel PageL and one former Trustee, John Phillips, areTrUSt of eeaconLlght Trust, a Christian charity led by a former Senior Pastor of the Church. The Trust uses the Church premises as its register8J and postal addsS and for the storage of archives and makes a small flnana& contril)ution to the Church. 5.5 Health and Safety and SecuiTty Cm cameras have now teen inst&led to nal door5 to the main church buildlng along with a new door access control system. Further U[ateS are anna to coincide with future develOpmt works. The fire alarm system in the main auditorium was also upgrad6J. A Health & Safety Audit was undertaken in January 2025. 5.6 SafeguardiNJ P&)ple working direttly with chlldren, young wple and vulnerable adults are subjett to DBS Chks, carried out via Thityone.'eight and reviewed every three years.
The Safeguarding Offior and Eeputy Safeguarding OffIr keep up to date with all mtss pertaining to saf&Juarding. No issues were rerJ)rteJJ to the Safeguarding Offior which gave rlse to concern making it necessary for any to te rqjorted to the Overslght Team. A review of the safeguarding policy was condurted in 2025 with amendments made to the pjlicy in June and D&ernI 2025. Following the apwintment of Tim &Jdman as lor Pastor, the role of trustee in charge of saf4uarding was transferral to Tim from Frej Paton (who had served in the interim Feriod) on 7 July. 5.7 Data Protects'on The Data Protects'on Policy was reviewed wlth no breaches rert In the 12-month Feriod. &8 Risks and Uncertainties The Trustees reviewaj and UPJated its Corporate Risk R6J1st in March 2026. 5.9 Trustees. Accounting and Reporting Responsibilitieg Company law r8]uires the Tiijstees to prepare financial ststsments for each financial Ferlod that give a true and fair view of the state of affairs of the Church and of the results for that Feriod. In preparing those financial statements, the Trustees are requir8J to: selt 5uitsble aoUnting lIaeS and then apply them consistently; make judgements and estimates that are reasonable and prudent,. comply with applicable aOUntIng standards subject to any material departures di10S& and explain in the financial ststements; and epare the financial ststements on the going conwn basis unless it is inapwowiate to presume that the charity will continue in operation, The Trustees are respsIble for maintaining proper accounting rrdS which disclose with reasonable accuracy at any time the financial pjsition of the charity and enaue them to ensure that the finanoal statements coMY with the COmnieS Att 2006. They are also reskKsnsible for safejuardino the assets of the charity and hence for taking rea%)nable steps for the wevention and detettion of fraud and other irregularibes. In accordance with company law, as the charitsble company's directors, we cwtify that., so far as we are aware, there is no rant audit information of which the charity's Independent Examiner is unaware,. and as the directots of the charitst4e company we have tsken all steps that we ought to have taken to make oursdves aware of any rdevant audit infonnation and to establish that the charity's IndeFendent Examiner is aware of that information. This rewrt is prepar8J in accordan with the sFttial provisions of the Companies Att 2006 relating to small companits. half of Trustees IAlex Eerry 27 April 2026 retary 12
Independent Examiner's Report to the Trustees of Christchurch Banstead I report on the finaucial S¢atcments of Christchurch Banstead for the y¢ar ended 31 Ikcember 2025, hich are set out on pa8es 15 to 24. Respective responsibillties of trustees and examiner Th¢ trustees (iTrho are also the directors of the company for tbe purpos¢s of compan!. law) are responsible for the preparation of the ftnanciai stat¢ments in accordance ivith the requrrem¢nts of the Companies Act 2006 (-Ihe 2006 Act.). Havin8 satisfied m}'self that the financial statements of the chatitt. are not required to be audifrd under Part 16 of th¢ 2006 Act and are eligible for irtdependent examination, I report in respect of my eumin*ion of the chatiti. s financi21 statements as carried out under se¢tion 145 of the Charities Act 2011 (th¢ 2011 Act). In canJ'ing out examination I have follo.ed the Directions given bN' the Chariti" Commission und¢r s¢ction 145lb) of the 2011 Act. This report, including m!, statement, ha8 be¢n prepared for and onlN' for the ¢haTiry"'S trusiees &8 a bod}.. Mi. WO has been undertaken so that I might state lo the charity's trustees those matt¢rs I required to state to them in an illdendent eYan7iner's report and for no oth¢r purpose. To thc lIest extent pemitted bi. laii., I do not accept or assume responsibiliti, to an}one other than the Charity. and the charit). s trustees as a body for my examinats'on work, for this r¢port, or for the slatements I havc made. Basis of independent examiner's report examination ii'&s carried out in accordance ii'ith the general Directions given b). the ChaTity' Commission. An e¥aminatRon includcs a r¢vi¢ik of die countsng records kcpt b). th¢ Charity. and a COMplsOn of the financial slatements presented ii.'ith those ords. It also include5 consideration of ans. unusual items or disclosures in the finamcial statements: ad seeking ¢xplanations from vou as trustecs con¢crning anfv. such matters. The proc¢dur¢s undertak¢n do not provide all th¢ evid¢ncc that ii'ould be required in an audit, and conscquentl%- no opinion is given as lo ilhethcr th¢ financial statements present a 'trne and fair Vie and the report is limil¢d to those matters set out in th¢ statemcnt b¢loii'. Independent examIneS statement Since the chatiti s gross income exce¢ded £250,000: !.Dur examiner must be a member of a b(xly list¢d in se¢tion 14) of the 2011 Act. l eonfirni that l am qualified to undertak¢ the exaTnination by b¢ing a qualified member of the lrtstitute of Chartered A¢countsnts in England and Wal¢s Th"hich is one of the listed bodies.
David Hoose (Apr 28, 2026 11:42:01 GMT+1)
28/04/2026
CHRISTCHIIRCH BN$T4D StATENIENT OF YII.4NCL4LAcfiiiTIES for the cnded 31 De¢embBr 2025 hd .Nlission Dedted EwJoMThtnt fiJnd$' Totsl Totsi Notes (restrict¢d) 2D25 2Q2S 2025 202S 202$ Income 21 Voltyntsn. income 462.409 54.536 289,041 Int¢rt5t receivable 80S,986 496.765 4,305 1.027 9,569 Irne from ¢hurth a¢lii'iti¢s 1{901 1.985 40,008 135,143 Total orn¢ 17SISI 232224 506,722 55.563 433.753 ExpeAdtfiire 996,038 730.974 Chitable actillli¢5 lfftiiesrrtiedchuprli aCih4hes 1473,9651 12.0371 177,3091 1115.3951 123.0401 121,984) 16846531 (25.077) {660,5201 144.130) To(aJ pendin¢ 1476,0021 {100.349) 1115.3951 30,720 121.9841 (7J3.730) (7(M.6501 ex rLdlture) bclott tranjfers 318.358 121.984 282J08 26.324 Transfer tween fvDd$ Pro[ry r<%uatIOn 7,5(M) 5,0 112.5001 125.0(K)I os,ooo) .NetnM>vcmentkn fund5 22 38,220 139,7861 280,858 121,9841 257J08 26,324 Funds &t l January 259.131 63.416 1,915.913 747,456 1985.916 1939,592 FrtS tJl December 297,351 23.630 2.196.771 725.472 3 243.224 2,98i.916 The stot¢moit of fimanoj 4¢tiFi11¢5 in¢lud¢s 211 gains and Ios8¢$ in tbe ye4t. l In¢ and YpeDditure i$derii%d from conliijuitls 4CSt%ilies. Tho ytatenjcntof finan¢i$l aciiiities al£0MPlIc& 1th ih¢ T¢quir¢ments for aA iocome And &YwditUT¢•¢WUllt underdJ¢Coinpani¢sA¢t 2006. *An allalyst$of D¢$i8Aawd funds i8 S¢tout io Note 21. 15
CURtSTCHURCH BANSTEAD BALANCE SHEET s at 31 Ikcembtr 2025 (Company numb¢r.' 067(K)6531 Cetterll fumd MtsshD Deiilnattd Emdowmtnt fuThdJ fund Irtstri¢ttdl 2025 Tot1 Tot•1 202$ 2025 2025 2025 2024 Tthgible Land and butldings Other tsn8ible assets IDveytmtllts Lwk up shop t4 15 1.605.0(M) 725.472 2J30.472 87,6J4 87.654 2.352,456 111,987 16 200,OIM) 2,618,126 1,805.000 725 472 225,0 2 689.443 CuTrepiossets Debiojs and paym¢ftts in adv4n¢e D¢posii atcounts Cash 81 bat5 and th hemd 17 18 18 66.481 105.705 8.317 8,961 9.087 26.365 2.735 23,630 6,060 370.761 15,412 392.233 4621 391,771 80358 485.427 73.640 639,925 I417 625,098 104.926 40,526 163 515 308,967 12.494 296 473 Ctedit(Ys du¢wthin one yeAr Nei cyrrnnl Iwts 221,327 19 209.697 Net 8Js¢ts 297.351 23,630 2 196.771 725 472 324J,224 2985910 Cthmiolondrtsèrves Gellerd fvnd Mission fund Des1ted funds Endowment capital 297.351 297.351 Z3.630 2,19&77 J 725,472 725,4n 2,196771 725 472 3343224 Forth¢ year ejjded 31 D¢cemb¢r 2025 the coinpany was enlied to exetnpiion from audit ulld¢r section 477 of the Compani¢s A¢1 2(NJ6. Members hav¢ r¢quiTed the company to obtauj audii in aOrdanCe with seetion 476 of the Compatii¢s Act 2006. 259,131 63.416 1,915.913 747.456 2985916 23.630 21 2,196,771 297.351 23.630 The Board of TrnsTr¢s 8cknowled8e their resJknsibilit1¢5 for. lil ¢nsuting thai the compmy k¢q)s a¢¢ounlin8 i¢¢ords whith ¢omply wth s¢rfion 386 of the Companies Aa 201kS.' and lill prewng a¢counts which giye a tsue and fair vi¢w of Ih¢ staie of affairs of th¢ Company as • the end of the financ1 yearand of 115 SU]uS foT th¢ financi year, in accordan¢¢ with the requir¢ments of secti( 394 8aJd 395 of th¢ Atl whi¢h othenvise comply with the requir¢ment$ of thE Companie5 Art 2(N)6 r¢iatill8 10 attounts. so far 8pplicable kn the cfjn]pany. Tr rthanci statcments have b¢¢n prepared in a¢ with the Speci provisions of th¢ Compgnies A¢t 2006 rclating io smtu companie5. Th¢ fthanciai sttttements were approv¢d by the BoaTd of TtU5tses th)d sipJ¢d on its beh81f by.. FB Paton 27 April 2026 Tpusie• DireeÈor 16
CHRisfcHI',RC11 BLVSTEAD sr.4TEIIE.NT OF CASH FLOII for th¢ }'¢ar ended 31 D¢¢ember2025 C¢ner41 F41hsRoD J>tSi8nfrd fwid (rtstrletedl 2025 Total Total No 2025 2025 2025 et cash ffloTr'$ before Glft W Entertst rent 2024 143.1581 154.7091 227.337 GiftAid ww¢d 129,670 178.35.11 76,2( 11702 51,623 Nft esh fiow5 from tsperAth8 acthltks 140.529 88,232 3.3.046 142.(M)7 279.100 270.199 Ca$h from bve8lkng &¢lliltles Rent r¢ceived for 160 Flish 5tr¢ PuTchas¢ of fixTh. fittitw, fbnjiturefjlld equipment Ini¢r¢51 re¢¢ived 9,879 57.926 12.000 69,926 14.676 142,5221 1,985 4,305 ,027 9,569 C4th prO¢d1(¢(¥Urnl bylnitsfbw aedi4tieg 62.231 21,569 125.8611 In¢tre&IDerrex$c)J ¢Ash And clsh tqufvalents 95,277 140,9801 300,729 355,026 Chan8es in inl¢rfund b4]ant¢s 115.9821 20 153 In¢r¢a5el0)eeage) kncAsh and calh equfvalethts 95.104 140,9601 3(K),882 3SS.026 C**h and cish ¢qulv4knts at l J•nuHry' 115.9821 59.742 59.Q08 85,291 2Q4,041 CAih RThl ¢Hsh equiv•lrnts at31 DecèMr• 220.023 154.846 18.048 386.173 559.067 204.041 * Tbere thre no (ash baJ&At¢s or Mo01)t$ r¢latits8 to the Endo1¢1 Fund. 17
CHRISTCHURCH BANSTEAD NOTES TO THE FINANCIAL STATEMENTS for the )'ear ended 31 Dec¢mb¢r 2025 I Principal 4CCOUnt&fj% wblici The financial st8teii)ents ar¢ pwaffd in acCordat iiith the statem¢nt of Ercornnnded practice "Accollnttng and R¢porting bTr' Cliarities, issued by tk Ch2riti' Comjnission effcciive from Januarj. 2019 (il'lu'ch complies iiiih i provisions of FInala[ Rew)tttng Standard 102). aJE also ppared ller the 'StOrE(al cosi conventiorn modified bv t1 rei'aluation of prorue$ aThl ime5th1ents as described in tlie rele¥'ant noies, and on a going concern basi5 Is¢e s¢ction 3.7 of the Annual Rert) in aGconlanc¢ iiith applt¢able UK ac¢Ountll stsndards aNI in aceordance iiith tt Companies Act 2006. Unrestrieted funds Th¢ Gene1 Fu1 is used to fIrne t] Chuwli s in Batjstead. It ¢¢IVeS all Iorne not identified io a particular pUose and p.5 all e.NTtllses Itsed in Inaintaiuing the ininistrs aTrJ fabric of the ¢huwh buildit]gs itt Ban5tea Restricted degrtted funds R¢striC¢ed ndS cojnprise the Mt'ssionFllnd w.hich is used tt> finwKe the H'otk beyond Banst¢ad inthe UK and 0.e[sCaS attd Ik missioR related IratTrtng and 5hort-tenn TrisitslposiiTrgs of Clllisiian workeTh. and s¢la1 coll¢ctions taken and gift¢d 10 ivission organisations for the furthera¢ of tl]eir li'0 as app1]b. Designated fulS coniprisc th¢ Deielopnient 'hIch cell,C$ atvj uses fld$ for the dei¢lopnrnt of ClwLh pwmis¢s at J58-1(A) High stet aThJ i] MaThs¢ at 12 oak1. Gardcns: the Jack and Jill PTe-khool. i¥'ch opernt¢s the niorning and aftenK>Oll nurset). for uTrleT 5"$ fmm tk Church PTemises,' and donalio]]s to and ¢harges for t1 Church organisations and slf]¢ Church actsi'iti¢s Izsd in Note 21. Endom"ment funds The pr¢nllses 81 150 High StreeL repSentIng endoi¥Thent ¢apital, is held for berit of tk chllh as a Fern)at apital fUL R¢cognRtion of income All i'oluntat?. ioMe. eicept tax recoverable under Gth Aid, and inconie from Church aciii'ities a xcounted for as lied. Tai ¢01'crab]e is xcounted for in t1 riod in 'hICh i] underl)'Ing was received. 1ftte$t r¢ttiTr'able is a¢counied for in il riod io M'litch it relates. Le¢S re¢eiTrable are acc(>unted for in the prricxl in ii'hich Uiev bxome probable 8nd quantifiable. ExpeoditllJE All ¢Ypei)d1tu is a¢counted for in the peAiod to w'hich C)eIllute relates. Church office staff costs aThl lTexnscS are apW)rti0d to Gelat support costs and GOI?emr¢ costs on a time basi% as described in Notc 12. Gofv'¢rDance costs (Note 13) comprise all costs l011.1ng tk pllblic a¢courtabtlit)" of clwity 8nd its cornpliance regulation and 8(x)d prd¢ttce. iluding for tlK chUh ts.elopment. Costs includ¢ tIs¢ ¥elat¢d io t] audit 01 ¢umEIl0 of tk accounts. am" trustees, elnSe& professional f¢¢s and an apportIOnnnt of oly¢ slaff and IT costs. CgpltalÉ$atloTr and reTr'alM4tlon of tngible fixed asset5 Iillproi'emerts io buildillgs. iiems of fiNluJE4 fiitings. fiullintre and equipinety, and niotor i'elllcles, cosÉing £5.(XX) or nioff are capitaiised. Lat and buildings ar¢ i'alu¢d as detailed in Nol¢ 15. Accounting estithates and area$ of judgement Esiimates at judgements aR eowitM]alli' ei'aiual¢d and are based on M'sioricai eiperi¢nce and odr fa¢tors. ilUding e.1]tionS of futu eients Ilv)t b¢lieved io bt reasonable under circwttstsC Tb¢ following are Critical a¢couming estimai¢s and areas ofjudgements to te.. a) Investm¢m prOttY valuations- the im¢sunent pro valuation is revieii'ed bi. dTre Trn5tees awiu2lli' in detail ror i1 puT$e$ of le accounis. As explained in tk Trustee's annuat report. i] ini'estsnert propertl. M2$ last fom]a]IN I'alued in lan. 2025. hoiiei'er t signing of a n¢ii'lO }ear Icase iernis therein has caused tlie Trustees to tEi"aiuate tk caming N'a]ue of t1 iniestm¢nt pjvpeiti,. As a SuIt. an iniyairn]eni chgrge of £25.0(K> l$ been mgde to reduc¢ t] carryftng i'a]ue to £200.000. Tk Tntt$ ore of tlr opinion thai tk proTti. is noii. at fair la1, gii'en the market ¢oThJltio and tenns of ih¢ J*w lease. 18
CHRISTCHURCH BANSTEAD NOTES TO ThE FINANCL4L STATEMENTS foi the I'earended 3 L Dec¢iiibeT 2025 IcontimThl) b) Freehold resid¢ntial and office proth. depre¢iation- No depTe¢iation is ¢Irged in resFe¢t of the Manse and the Churcli ppertIeS a( 158 and l(A) High Sittet H'm'ch aR included in the balae sheet ai cost or tranSferal¢. The prortieS are inaintailled to a good stamlajrf, paIrS aNI refith)ishm¢nls being Cried out m.hen tktrssati". Thef0. t1 Tnjstees considertlkqt aw depwiaiion clwrg¢ on Ik properties ii'ould be i]nn)aterial in ]ell. of each prorn s estimated residual i?lu¢ aNI reinainEng useful ecommic life. An in1pa1mrtt reiieii. is canied out annualh.. Tr Tntstees consider no iMni1¢t clmrge is required as at 311)ecember 2025. c) Depreciation of churcli building and fId assei$- D¢pJE¢ia(ion in ESCt of the freehold ¢hurch building is ¢Irged at an annual rate of 2% of the gwsg rn'alued allwunt as at 31 December 2(J)6. D¢p]viation is chaw in relation to capiialised deTrelop]nent costs to H"rite off tlk5e costs 0I'erthJre l'ears. Sound Ond lighting eqUipnt is depciated oi'er five )'ears. Filkns. fittings. fumitule and oiher equip]At a depreciated oi'erlen years. Trusteei em0lumets and expense$ 2025 2024 Current Senior Pastor.. (irustee from l Feb 20251 Tayable fiogwial support Social se¢uritt' costs Pen5ioncosts £36.667 4,461 £2,933 £nil £nil Fornr SeniorPastor.' (trnstee to 31 Jul 2024) Tauble financtai SUPPDrt Social securiTh" costs Pension Gosts £ttil £nil £nil £27.081 £2.481 £2.167 Associate Minister. Table finan¢iat support Social securiti. costs Pet10 costs £53.578 £7,181 £2.514 £53.0(K> £6.058 £2.468 The TnJstee$ are COAsidered to be tk k¢v InatJag¢ment personnel. The Senior Paots aThl Assoctatc Minister ii'ere Teniurkroted as FerniEtted by ihe Clitsff h's goirming docllnnt. The curftnt Senior Pastor il'as rei]i)buJs¢d e.IttJLS¢S of £385 in 2025 {2024." £1.389 fornr Senior Pastoi) relating to C0llferees aNi niil¢age. Tl Associate Minisr ivas lbUrsed e.eS relating io confer¢e$ of £1712024.. £3431. No otrTrU$¢ teceiTrcd al. emolvni¢nt or ii?s reimbursed C.1¢5. Staff numbers emolllments (includlng st4ff tni¥iee8) Ai'¢rage nunth¢r¢mployed.' Full time Gen¢rat Fund Pan tinie Jack & Jill PTe-Sch)ol Gen¢ral Fund 21125 2024 Taxable firnncial support Social secunty ct>SiS Pension Co$ £291.190 £264.204 £18,163 £13,5(A) £16,683 £13,807 No emploi'ee il'as paid InotE than £,(K)0 iii ¢iUkr )'ear, The ]vmuttration ¢osts abo1¢ are atlocated to tk folloii.ing expenditure Irads on Ik basis of staff Jr)les'. Generni Fulld stsff cosi$ {Noie 8) at Jack and Jill P-SCIOI (Nok ii). 19
CHRIS'I'CHI"RCH &4NS'IE.4D I'OTES TO THE FIN)CIAL STATEMENTS for th¢ vcar¢nd&q 31 December 2025 Icontinu¢dl 4 Rel#ted hrtTr' At1 tquKcted party traFMctions BwonLiBht Trust Ik95 knat¢d El,20012024.. £1.2001 IN re¢o8nition of u$in8 OtEce space aDd phoftc liCeS at 1608 Hi8h Street. One of th¢ tsusrec& of B¢aonLi8hi lry$t is al9 Trystee of ChristChur¢h BBnsicad12024.. 11. During 2025, Ilic Church paid tsxoblo finanEi41 gupFxxtof £8,725 12024.. £&791lto oron ofihe $wu¥¢ of 2 Trustee Bad £9.75912024.. £6.750} Ibe daughierknits-l8'0f anoiheT T¢¢. Th¢ tEl i'8lu¢ of or&troffwft$ Hnd te8ular donauotts from Tntstets in 2025 £386,00912024.. £1&),7051, n¢1 of Qift Aid reclaimed']Yceivebl¢. S PtnslD The Cliur¢h offers auttreftrolment s¢heme for staf with Pthple's PaTtncrship. Ivhith is indondeIlY4dM1)I$fered and invest¢d. Th¢ Ctsureh Jllribult¥ lo thi5 schem¢ in rcspe¢i ofthos¢¢mplovoes Ethw pensionablt a8¢ for ivhoin it i$ ryuired M.la kn proiide a¢Lws ¢0 thi$ sch¢me. Gtner#I fwjd 202S ,1110 De$ad Er0ent caplil 2025 2025 2025 Toi•l 202S 6 1"(Aunt•ry ineon tkn&ooiis and r¢8LJ2r offtrin8S SpeciÈl collections L¢8aci reeoi"erabl¢ Grnjts r#eisYble Tot•1 2024 379.330 43,056 1.485 226.050 64&436 1,483 &029 149.836 1.200 805.986 4(K),IOO 8,785 5,029 56.762 1.200 289.041 83,079 9,gY5 86.680 1.200 496.765 462.409 54.536 7 Incomt from chtLrch aCtItIeS Cencrnl Fund in¢om¢ includes illirstm¢ot inwm¢ of £l1.333 from leasing ofth¢ 160 High stre lotk-up $hop ro Biick-kvs of Cobhtsm who SiRRed lad$ of lernis for a 10 ieBr lelse from 14 Aptil 202312024. Di8niN Fun¢rBls £45,519 iiicluding dilApidaiion prffiysionl. Additionalli. th¢ two iyar extension of th¢ ph$10th¢PL9I use ofihe the pOrtbIn5 at the [Or Ihe ¢hur¢h moiyd from kin Designated Funds rtsth¢ Gen¢r41 Fund reniql Inwmt of £12.000 irt 2025. DesiRnat&4 Funds incom¢ includes the Ja¢k & Jill PFe.S¢hwl loc41 autlioriN'8Tani, fees aDd Iraiiiirig inconie iotAlling £120.89012024.. £119,598). 108ethe with eontribuiiofts lo Chjrcli tiiitie$ ivh¢ie an element of C0$15 are rcchar8a to the an¢iJd¢es. sii¢h as foTthe Cliurcli Weekwid A'al., Chh Open Week.We¢keiid Summ¢r Youth camp. lifjlyA> include5 r¢Jitsl imwme from pbixioth¢rapist trCllPllnB the portAc&bins Ai ihc rearof ihe thureh amouDtsng to £12.0 in 2025 12024.. £12.0001. 8 Inte2rattd ¢hw¢h acd ID eonfonnity ivitb the QD its land, Chrish11r¢h Banmead operates Bs Èn iittdti1omi3IIon#J 8OSFtJ mission iyork. Worship. l¢BcJun& tr8iRing and IKi5sion qre th¢ reBsons for a¢tilYfv and A$pect oftlie Chiirch'$ life. In gdi'aJKIiiB this iiit¢8rnttd minisir!. fiin¢tionAI owenditure lia5 in¢wred as folloiys.. Chur¢h fabric eqllipmeoi (N¢ 101 Felloii$hip OUire4ch costs INote 111 Minisin and mission costs lincludins staff wstsi G¢nerAI support W318 (Note 121 Gov¢rnonc¢ costs (Noi¢ 13) 106.772 38,727 156.712 312.237 141,596 168.961 388.517 5.205 345,790 11.024 8,735 1.029 8,354 473.965 13.09J 77.309 115395 19.232 688,6S3 660.520 Durin8 2025 the Mi55ioJ Fiind support¢d th¢ Creightons in pNrchasinB a kous¢ forth¢ir w*ntual return to the UK by prokidins £20,0(X) Wward$ tho deky)sit. £5,000 èf 'hiCh E$ trath$ferr&l from theGen¢ral Fund. 7.956 102,869 21,984 76,280 3.530 21,9 20
LHR15'JCHI RC'H Bl)f.4D I%OTES TO THE FINANCL4L STATENIENYS forth¢ ¢Rd¢d 31 Ik£¢mber 2025 l¢ontinuedi GentTal I1&n D#lgR•icd Lhdowmeni 9 Grwts p•ld And YblE 2025 Jb2S plt 2015 Totil 2025 202S Totnl 2024 ChrisLChurch BAn3lead nwkes h Triimkr ofgr8nts to suprK)rt ChrisiiaD work¢r¥ orgathsation4 wbi¢h op¢rafr Indcpendenily fpxji thChutrh bul for which it has SPEciai ¢onvm. Gr41its payabl¢ ID th¢yegT Mre.. &anl$ to 10 ind2vidu&15 in totsl12024.. 20 in tJ) Itn¢luding redeMlon for 3 bri¢k kiln fomilics in P2ki$ianl GTants to or8aiiis&iiott$ and proj¢cis'. EL411&. Hope A'(>M'. chrtSDJSQIe¢rtCYLs Trinlty ClivrcliEiYrioii .4rrless fiie#tre C¢>mpmty Orltéis (< £J,OOOI 2,037 16,414 18,451 38,157 1.885 1,750 3,5 ,750 723 1,7St) lJ41 1,650 1.650 23.MQ 2,037 44.130 10 Church fabrlc and equit#nenl Utilit1¢5. insuran¢£ End cleantn8 Ordinèry repairs. mainkiJ8n¢¢ and cquipmeni Portacabiji rtlltsl Repairs aTrd refurbi$hmefit Dtptcctation 39.373 16.329 1,778 24,959 24.333 106,772 39J73 40.268 16J29 25,922 9,734 10.666 24.959 10.666 21.984 46J17 7.956 21.984 41.327 136,712 128,849 though loweT Ih&n in the pruiolls se4r. ¢n¢r&v cost$ continue ai a hi8h le¥eL lotollill8 £21.120 forgas And el¢¢iri¢ity combined12024.. £30.6511. Dunn8 2025 r¢pairs and InDnnCe ii¢re un¢krtBk¢n, includiiig the r¢orsani51118 arjd refurbishment of th¢ offic¢ $w¢ 160A £5.277, back hall r¢pairs1£3,5531 thnd llpgrade and rer¢1 to the Urity $J51em51£16,1291. The continued l¢tt%in8 ofpirtscabins to Ihe phi%ioiherApi$i in ihe reorofth¢ chur¢h in¢u]Ted ¢05ts of£9,73412024.. £10.6661. 11 Fellowshlp &NI Ijutreach coyts Outr¢aoh and ho$pitsli Youth c8inp$ Church t¢tI)d aiTra)' Ja¢k Jill Pre-school lin¢ludiM8 Statrcostsl Subscriwioll$ and donatioiis LiI¢ralii And ministr'trolnn8 7.9 16.760 16,175 1.670 18,430 1fi17S 14,582 14.637 27.664 10fj.438 4,783 857 16&961 100,613 5,133 659 38.727 100,61S 5.133 1,243 J41.S96 584 102.B69 12 Gmtral $upport costs Offic¢ and inform&tion itthnolo&v ¢Npenses Supwrt rrnin1118 Other 4,408 73 724 5.205 2.442 1.088 6JSO I,J61 724 &735 6,285 3.530 853 8.354 General Fund ¢hiir¢h otrice and informaiion ItthnoloBV &xp¢ns¢$ &re apportioned 7500 10 Gerterai support cost$ ind 2500 lo Gov¢rnart¢¢ co$1$ (Not¢ 13 loi%'l based on an appr0mle alloceiion ofthc tim¢ of th¢ offict StsPkKTrrt stsff. 13 Govern•¢ to$ oiri¢e and inform4TlOlI technologj Busintss rdte$ for enipty. p¢ri ProfessionRI ftt Ind¢pendefti Eiller fee Other iterns 1,457 1,952 5.2.15 2.19X) 190 3(XJ 1,7S7 1,9S2 3.643 900 300 3,3 129 440 759 1.029 1,040 13,093 Gerteral Fid professional f¢es Jn¢lude pavroll s¢nic¢s proiided b!. forvis M8zArs £2.776 {2024.. £2.7241 and eo¥ts aSidled Ivith ¢stabli5hing the dil$pidation wst aS50ei4ted iviih the iemiination of Di8nip' Funeral$ l¢ast1£2.460) for 160 Hi8h Street. Th¢ vacaiit F10d follo7n8 Di8n2tys t¢rminalion su[t£d ift busJie55 rai•$ being kDciirr¢d forthese pmis¢¥. 11.540 3.300 19.232 21
CHRISTCHL'RCH 114NSTK4D -liOTES TO THE FIIANCIAL STATEMENTS for Ih¢ve•rend¢d 31 D¢ttJnber2025 Iconiinuedl frtnerdl fDnd 2025 11551oh Dtsl8n•ted Endowment hd fund5 2025 capli 2025 2025 Totsi 2025 Totsl 2024 At¢E)St or valuation OJ trnnsfcr Church sltt and buildin8$ 12 Oakjei. Gard¢n5 A¢¢umul8ied d¢preci#iion Nerbotskvtslue Qf JJiThSiary 1.071.675 580.(X)O 46,675 1,605.(XM) I.(V)9.200 2,170075 580.010 398,419) 1352.456 2.170.875 580.000 (3?6.435 2.374.440 1351.744 747.456 Depreciation in }tar -Vei bookFulwe ai31 December 21.9&1 725.472 1.605,000 (2J,984) 2JJO,472 21.984 2.352,456 At CO or valuation on transfer 'umiilgtrd deprlatiOn Nei b¢pokiwlue oi31Decepttber ,651.675 1.099.2(KJ 2,750.875 46.675 1373.728 1,605.IX)O (42fl,403) 725.472 1330 472 2.352.456 The £chokI ¢hurch wt¢ b¢ld bi.th¢ BndowJn¢ttt Bjnd is ihe subject tsf ind¢ttture of1896 re$lri¢ting the use of an?. building ¢rect¢d th¢r lo undejMijalI0NaI 80$1 niission %vork. The preseiii building iixs ¢recrcd li 1970 and etycnd¢d in 1975.76. Itt tbe b8£¢ sheet th¢ 511¢ is unvlllued nd th¢ biitlding$ 4re¢orried al Ilieir valuation deriNj froni th¢ir iii$iird repis¢cm¢nt COSI as ot 31 D¢mber20o6. 2.750.875 Th¢ freehold properti¢s at 158 & 100 Htgh Street MTte tycquirwj missio Trust IGMTI In 2007 08 aiid Irttn5fenYd to Ihechurch on 31 DeMber20j.3. io br held . the Developnieni Fund liiicluded in D¢signkled fiindsl hleh had ¢ollaknrattJ 1Th GMT on Ilie dtielopment of ihe vpefti¢5 to pnm'ide mcetins rE)oms and offices for ChuKlJ use. Th¢ land uC inGluded in thi5 Sil¢ is e$lim&ttd at £400.1))o. Th¢ Mats$¢ at 12 04M•' (?ardcJis iYg5 8¢quired by Ihc lkn.¢lopment Fbnd tTr October 2014 and & iR¢lthd irt D¢g14nated fuiid General Totsi Toial IS Other tlibIt a¥stts- FJxthre4 & E4ulpmtnt 21125 2025 2024 ¢0 A¢¢umiil8kd depr¢ciation .Vei book vrtl¥ur lJaK¥qry 202.619 90.662 111.987 202,649 177,359 171.320 106.039 111,987 Addiliotts in year Co41 al 31 De¢*nber 25.290 177.359 202,649 202,fv19 Depr#iatioA in >eBr .Vei boc4( vrtluv ai 3JDe¢¢Mkr 24,333 87.654 (24J331 87,654 119.342 106,039 Ai l Janua Add.tions in Jear A¢tiimiilated d¢preci8tion ..Vef book Wilwe ai 51 De<¥mb¢r 202.9 201649 177.359 25.290 190.662 1114.995 87.654 Thore no addiiions or di$posB]$ irj the ear. Addition¥ in 2024 repr¢8onts¢o3ts to wmplele th¢ r¢furbishm4nt of th¢ disabled toilet. 1114995) 22
CHRISTCHL'RCH BANsfE4D .%OTES TO TRE FI)LICL4L STATEME.NTS ror thev¢&r ¢nded 31 De¢ember 2025 l¢0iJginuI ntral It15Aon D¢slgn4ted Endownnt fuhd cpItAJ 2025 2025 202S 16 InTYJtmEnts. Lo¢k upshop 202S Total 2023 Tot1 2024 At valuation l JaJ2uar%.2025 Revduatiim vtsr 225.(X)O 125.0001 225,0011 05,DOtI) 225.000 At v4lu8tion 31 De¢omb¢T2025 2(M),(A)O 225.lY)O Th¢ s¢lf-fOntwned unil 81 Hi$h Str¢¢t is tr¢Br IVe$1Ment prop¢m'. Our prior t¢n8nt. Di8llit>' Funer•ls Lijniicd t¢rmirt4led Th¢ir lease and d ourin Noi'¢mb2r2024. Th¢ projxo. rernain cmpti. for¢.4 month5 until heads ofterms ere 5t$tted i%'ith Buckle%¥ of Cobham for4 10 vcar le4&¢ ¢omnJM¢in8 14 2025. ITn the ¢xpcrien¢eof Iat18 • t¢naJani duc to Ihc re&tiictions on optsning hours. the I.¢1 of Ihc i¢nial which is Ihc same 4$ the iniiiÈl Tentsi frojn rh6 previous tenant 10 N'è&rs a80 alonB 1th Ihe ¢ontinuin8 nJarL¢i UDeertaiott" Ibe dirrtlDrs belitbal a reduction io 111fr4rn.ins value of the PmFtTfv is appropriat¢. 17 Debtor¥ and p.w¢nts bt ad¥?n¢t TAN re¢oimbl¢ Amounil due from AS50¢kgted fuDd$ OthEr d¢btory and prepA>Th¢nl$ 50.636 &317 0,060 65,013 153 8,317 6.060 15,692 80.85B Oiherd¢bttr$ 2024 incliid¢d th¢ dilipid&tioR r¢¢¢iv4bJeof £31,926 due from Di8niN Fune3 Ltd which ivè$ rece1kl in JaRuary 2025. 18 Cash restnY$ 55.705 20 49.201 104,926 15.692 66.4111 Tho ca$li resenrs ofih¢GeDernJ Fund 4$ Ai 31 Dectmber2025 w¢re £154.84612024.. £59.7421. Th¢ inCtrSe i$ ¢]ii¢ to in¢rcag¢d re8¥1 8iviJ28 hnd significBlIt oile gift%. The Trus¢ee5 c(Msider th91 circa £85.000. representing 8n)und thre¢ months, Generdl Fuiid e¥peNdiwrfy is the minimum prudent Sum To CBro' in r¢Thw lo w'èr l>)th antitipaled and unexpe¢ted fiucttiaiiony in mortthli. ItI3 of income and eYp¢ndiiure. Th¢ si8nifi¢•nt Ut¢5¢ irt fkv¢lopm¢ntFllnd res¢n'e$ 13 &ttributsbk to Sig15¢&nI donqtion$ ahe•d oÉpi&njI biiilding 2mprth'¢nJctlts at 150 Hi8h Stre¢t. The ¢ash r¢5er4s ofth¢ Mi%sioJi Fund 9131 D¢t¢mb¢r 2025 dttr¢&sa to £18.04812024.. £59,(K>81 as G¢r&I Fund 8ii.inB i3 pfioTitised. The Mi$5ion Fund re5en'es are held ioL¥Thw un¢¥pr4ied &wnses r¢J81ing to s¢rFin8 mi5si0tt4ri¢& the rowicment of hoOMing missionari¢$ routine mi55ion 4¢tiviN'. 19 Cr¢dltoM due lthin ont.vear AnJoun15diie to a$50¢i&ted funds (hher¢reditOr$4nd ae¢Tiie 153 11,630 2,735 153 1{674 20 12,474 2,735 462 14,827 Th• in¢r¢as¢ ¢r¢ditor$ m4tftli" Br$8e5 trtim the P4ilDent of 4 8ecurifv d¢posit th¢ n•wtenAnt of the lock up Shop &1 100 Hwh Str¢¢t. 20 Ik8e ¢ornmlrments 12.494 Atthe 2025 vear en4 th¢ Churclj liad 3 0ratIN kBs¢commitm¢ntstothllin8 £4,935 TelBTiOg to properties rented for Mthistry staff12024.. £16,910 for 3 properties). The de¢rtase41 le%rl of Ise ¢ommitmeni% in 2025 retlts the eKPiry L)f the initiil iiotice periods of 2 Df the leases. Ineome 31 Jk¢ember 2024 Trnsfvr BAl*nte at 31 Dt¢embtr 2025 21 DrgnIted fi> 2025 202S 2025 Church or8anisaiion&a¢tivities'. DevÉJopMeJirFMfr Juck &-JillPre4clJool Other ineom¢ and expenditure.. Olhyrehmrcliory1l1srtI1S GrffliifvKB¢oeopRll$lii 1.859,651 56.262 307,830 122.470 133.3591 (103.5831 113{122 62,649 112.5001 2.253 1.200 122531 11,200) 1,915.913 23 433.753 1140.395 2,19&771
CHRISTCHURCH BANSTEAD NOTES TO THE FINANCIAL STATEMENTS for the yeBrett&d 31 De¢ember 2025 (conl) Gtuer41 rtsnd 2015 Mls8Joll Dt#u#t¢d Endowmellt fuDd$ 2025 tapital 2025 2023 22 Retootlll•tloD of Dtt mov¢mellt ID to net b louttlowyinflow frorn 0ptr4tlg attlvlti Totsl 2025 Totsl 2024 tnovement ill fill 3{220 139,7861 280.858 AdjTLSttwJL3 for,. ftco¥erabJe Inlttesi recvable R¢ni eiVable Ikpre¢iation Prow reV¥allon 121,9841 257JO8 26J24 183,0791 14.3051 157,9261 24,333 {9,9951 156.7621 {9,5691 112,0(M)I {149,836 11{9011 169,926) 46J17 2&IHIO 186.6801 11,9851 (14,6761 41.327 21,984 25,000 De¢re(Mcret8¢} ill (ther debtors and prepairynettts Itt(re(dee8s¢I in other crethtors gnd a¢LYual$ 32,509 7.090 I,O(N) 14,9011 10 136,857) 15,8061 ¢A¥b lknvs btfort GlftAidi interest 2,199 227 537 129.670 78,353 23 Si¥tethent of FIalleIl A¢trviteJ ror tht yeAf tnded 31 Drtember 2024 G¢eIl rund Mlsthin D¢JJ8llted EDdowm¢ni fund Dd$' tUDd Irestrl¢tedl 2024 Totsl 2024 2024 2024 2024 lllcome VoluRt4ry iUtom¢ 392.209 90.506 14.050 496,765 Illtertst rt<e5vAble 556 884 545 1,985 lttromt from thurcb ctivlti¢% 98,649 133,575 232,224 491.414 91,390 148.170 730.974 EipeTrditv Chri14bk 4¢tfvilkJ IvtexrotrdehMrch ocrf 1451,4911 {10,6821 156.3611 (130.684} 130.3391 13.1091 121.9841 1660,5201 144,1301 Total txpeDdilurY 1462.1731 186,7(K)I (133.7931 121,9841 {704,650) Net movement fu5 4.0gY) 14.377 26.324 Funds at l Jnuary 229.890 58.726 1,901,536 769,440 2,959,592 FuDd$ t31 Do¢enbber 259 131 63,416 747 456 2.985,916 24