# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **SANDCROSS CHURCH**
Serving Jesus Christ in the Community
## **COMPANY REGISTRATION No: 6780440**
## **CHARITY REGISTRATION No: 1128442**
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **CONTENTS**
**----- Start of picture text -----**
Page 3 Legal & Administrative Information
Pages 4 to 7 Report of the Trustees
Page 8 Independent Examiners Report on the Accounts
Page 9 Statement of Financial Activities
Page 10 Balance Sheet
Pages 11 to 16 Notes to the Financial Statements
**----- End of picture text -----**
2
## **SANDCROSS CHURCH**
## (A COMPANY LIMITED BY GUARANTEE)
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1128442 **COMPANY REGISTRATION NUMBER** 6780440 **DATE OF INCORPORATION** 28th December 2008 **START OF FINANCIAL YEAR** 1st January 2025 **END OF FINANCIAL YEAR** 31st December 2025 **TRUSTEES** Andrew Grimstone (Chair of Trustees) Gregory Park Paul Rogerson _(Resigned 31st October 2025)_ Gina Pinion Elizabeth Wicking Trustees are appointed by the members of the Trust. One third of trustees retire by rotation each year and are eligible for re-election. The business of the Trust is managed by the Board of Trustees. **Note:** The Charity's Trustees are also the Directors of the company for the purposes of company law. **GOVERNING DOCUMENT** Memorandum and Articles of Association Incorporated 28th December 2008 **OBJECTS** The advancement of the Christian religion worldwide; The Trustees confirm that they have had due regard to the guidance issued by the Charity Commission when planning their objectives and activities. **REGISTERED ADDRESS** Sandcross Church 59 Sandcross Lane Reigate Surrey RH2 8EX **BANKERS** The Co-operative Bank plc CAF Bank Ltd PO Box 101 25 Kings Hill Avenue 1 Balloon Street Kings Hill Manchester West Malling M60 4EP ME19 4JQ **SOLICITORS** Wellers Law Group LLP Tenison House, Tweedy Road Bromley Kent BR1 3NF **INDEPENDENT EXAMINER** Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
3
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **FINANCIAL RESULTS**
We are thankful for the Lord’s continuing goodness to us as a church.
Although regular donations and giving to the church’s unrestricted general funds decreased in 2025, compared to 2024, unrestricted expenditure was also lower attributable to staff cost savings and a prudent approach to spending generally. There would have been a deficit but for two large donations received in the year which significantly boosted unrestricted income, resulting in a net unrestricted surplus for the year of £52,779 before transfers (2024: surplus of £28,540 before transfers, noting that this included the £30,000 legacy received).
We continued to apply designated reserves to funding the Pastor’s family accommodation rentals and related costs for which £27,146 was utilised during 2025 (2024: £25,790). The Pastor’s Accommodation fund was topped up with £2,465 of unrestricted funds to reflect the revised commitments through to September 2026, leaving the year-end balance at £20,577. The Trustees have resolved to extend the accommodation and related support by 12 months to September 2027 for which unrestricted funds will be designated when details are finalised.
The overall financial surplus for 2025 was £25,523 (2024: £744).
## **PURPOSE**
The purpose of the church is to advance the Christian faith and to
- worship God in every part of personal and corporate life,
- make disciples of Jesus Christ, who gladly obey Him,
- make known the Gospel of Jesus to as many people as possible,
- equip Christians for ministry and to encourage them to use every spiritual gift provided by God in love, in accordance with the Scriptures and enable the expression of such faith through lifestyle, social action and community involvement consistent with Biblical teaching.
## **AIMS**
Sandcross Church operates as an undenominational gospel mission work in conformity to the covenant on its land. This is achieved through all the activities of the church in an integrated manner. As a result, worship, teaching, training and mission are the reasons for every activity and aspect of the church’s life. This follows the Biblical pattern of church life in which there is a continuous cycle of disciple-making, disciple-equipping and disciplesending to make more disciples of the Lord Jesus Christ - all within a framework of worship and Biblical teaching.
## **PUBLIC BENEFIT**
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit as set out below. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
## **REVIEW OF ACTIVITIES**
Sunday worship and Bible teaching services continued as our primary ministry to our members and visitors to Sandcross Church under the leadership of Pastor Gregory Park. Several speakers came from Christchurch Banstead during the year to support us with preaching and leading of our Sunday services, for which we are very grateful.
Other activities continue to be undertaken including:-
- Literature ministries, including Bible reading notes and library.
- Welcoming ministries, including housekeeping, building services, hospitality, refreshments and stewarding.
- Technical services, including audio, video projector, website and IT.
- Ministry support, including transport, church office, treasury, communion preparation, data management, child protection, safe guarding and health and safety, with Pastoral support including home visits, hospital visits.
4
## **SANDCROSS CHURCH**
(A COMPANY LIMITED BY GUARANTEE)
## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **REVIEW OF ACTIVITIES (continued)**
These ministries were predominantly delivered by serving members and others who serve the Lord in a voluntary capacity including the pastor’s family, and the Sandcross pastor.
We are grateful to all who have faithfully and loyally contributed to the ministry of the church during 2025.
## **SUMMARY OF THE MAIN ACHIEVEMENTS DURING THE YEAR**
## **Key Objectives**
- Develop the Biblical pattern of church life where worship, teaching, training and mission is focused on disciple-making, discipleequipping and disciple-sending.
- Maintain appropriate governance arrangements.
## **TRUSTEES, STAFF & MEMBERS**
We are grateful for our pastor Gregory and that churches in his home country of South Korea continue to support him financially. We provide housing for Gregory and his family and trust that we shall, at some point, be able to provide fully for him. Early on in 2025, we were able to extend the lease on their home by a year to September 2026.
Paul Rogerson, a trustee for several years, resigned on 31st October following his move to Norfolk but continues in the role of church treasurer. We are actively looking at enlarging the staff team and trustees from amongst our serving members and we are trusting the Lord that this will be possible, in His good timing.
## **MISSION INTERESTS**
The church has maintained its support of its mission partners and their ministries:
- Chris and Camica Hemborough; Project Mozambique Plus.
- Stephen and Irene Tucker; Wycliffe Bible Translators.
- Sparkfish (local school’s work).
- Lionel and Katy Clargo; Counties (retired)
- Hillary Millard; formerly Head Teacher at Amano Christian School, Zambia.
- Rick and Alanna Creighton, JETS Theological College, Jos, Nigeria
During 2025 we appreciated visits from Chris Hemborough and a representative from Sparkfish. Each reported on their mission work and thanked Sandcross for the ongoing prayer and financial support they receive.
## **CHURCH GROUPS AND EVENTS**
The weekly parents and carers children’s group “Tiny Tunes” takes place on a Tuesday morning and continues to be popular. In addition, the local preschool comes on a regular basis to hear a bible story and attended the Tiny Tunes Christmas Story.
Sandcross Strollers continues to be very well supported with a collective walk once a month on a Saturday afternoon.
The Wednesday afternoon and evening “Thrive” and bible study group continues and is very popular. Once a month the Thrive programme includes a prayer meeting and Home Group sessions. A Beaconlight Course “Sharing Jesus” was conducted in October and we are most grateful to Paul Adams for presenting this.
An evangelistic curry evening was held on 26th February and was well attended.
5
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **CHURCH GROUPS AND EVENTS (continued)**
The men’s club met monthly on a Saturday, sometimes over breakfast, and a ladies group also started to meet on a Saturday in September.
Family outreach brunch services were held in March, June and again in November.
Open Church, where the church is available on a Wednesday morning, has proved to be successful for anyone wishing to come along for refreshments, prayer or conversation.
Our Annual Church Meeting was held in July. Serving members were reminded of the activities undertaken in 2024, updated on the church finances and advised of the works and programme in progress and planned for the rest of 2025 and into 2026. Testimony and encouragements were shared and prayers of thanksgiving offered for the Lord’s sustaining.
The weekly Monday evening zoom prayer meeting continues to be well attended.
The church held it’s usual Christmas services including a “Christmas Story” service for the Tiny Tunes children and the very well attended Carols by Candlelight service.
## **BUILDING WORK & I.T**
Replacement lighting in the main church building and prayer room was installed in January 2025, funded from Wesley’s legacy and improvements carried out to the fire alarm system.
The storage shed in the garden was completed and has been made available for the use of the children’s charity “Sparkfish” who required storage space.
A five year electrical inspection was carried out in April and all was found to be well.
L.E.D. lighting was installed in the front toilets together with a new electric hand dryer in the ladies toilet was actioned in May.
A new electrical heating system was installed in the main church and front foyer, comprising eleven heaters. This work was carried out in May and June. The heating temperature can be altered remotely making it easier to arrive at a comfortable temperature in the church.
A baptistry heater was purchased in November as we had previously needed to borrow one from another church, and a new projector purchased in December which has enabled the older projector to be made available for use in the back hall of the church.
Works were planned and completed in 2026, namely to install a new heater in the prayer room, the complete decoration of the church main area for services, new blinds in the main hall and prayer room and a glass door etched with the Sandcross logo into the church. This has also concluded the spending of Wesley’s legacy, for which we remain so thankful.
## **RESERVES POLICY**
The Trustees’ policy is not to accumulate available reserves unless deemed necessary or prudent prior to making a commitment to new ministries, projects, staff or facilities.
The Trustees have designated reserves specifically to fund our Pastor’s accommodation and related costs for the period to September 2026.
## **RISKS AND UNCERTAINTIES**
The trustees have considered the major risks to which the church is exposed (including financial misfeasance, health and safety, child protection, security and data protection). Overall, the trustees are satisfied that adequate measures have been taken to mitigate identified risks.
## **GOING CONCERN**
The Trustees are grateful for the Lord’s continued provision for this church and give thanks to God for the large net surplus in 2025 and the healthy reserves position going into 2026.
The church budget prepared in early 2026 indicates the regular funding requirements are manageable until at least mid-2027. The Trustees will continue to monitor the regular giving and take appropriate steps to manage costs as required.
In conclusion, the Trustees consider that it is appropriate to present the financial statements on a Going Concern basis.
6
IAC(MAPANY UMtFED BY GUA
REPORT OF THETRUSTEES Icontimxdl
FOR THEYEAR ENDED 31ST DECEMBER 2025
È*1hchWtysv1rtst4VtslndenabIIWnto•muf•th*tthEfanCJIsLlt•M•rfS
## **SANDCROSS CHURCH**
## (A COMPANY LIMITED BY GUARANTEE)
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
I report to the trustees/members of Sandcross Church on my examination of the accounts of the Company for the year ended 31st December 2025.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act).
## **INDEPENDENT EXAMINER'S STATEMENT**
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
.................................................................................
Lomax Pavey Independent Examiner's Ltd The Grain Store Appledram Lane South Chichester West Sussex PO20 7EG
10th June 2026
8
## **SANDCROSS CHURCH**
(A COMPANY LIMITED BY GUARANTEE)
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025**
|**Notes**
**INCOME**
Donations & Legacies
**3a**
Charitable Activities
**3b**
Other Income
**3c**
**TOTAL INCOME**
**EXPENDITURE**
Costs of Charitable Activities
**4a**
Premises Costs
**4b**
Governance Costs
**4c**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
Funds brought forward
Transfers between funds
**7**
Prior Year Adjustment
**13**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
**TOTAL**
**TOTAL**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
75,592
-
75,592
51,582
-
40
40
4,390
1,275
-
1,275
386|
|---|---|
||**76,867**
**40**
**76,907**
**56,357**|
||5,429
27,296
32,725
36,603
17,495
-
17,495
17,876
1,164
-
1,164
1,134|
||**24,088**
**27,296**
**51,384**
**55,613**|
||**52,779**
**(27,256)**
**25,523**
**744**
659,811
50,714
710,525
709,919
2,465
(2,465)
-
-
-
-
-
(138)|
||**715,054**
**20,993**
**736,047**
**710,525**|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 11 to 16 form part of these financial statements.
9
IACOMPANY UMrrED BY GUARANtEE)
ASAT 31sr DECEhW 2025
314l•E45
Totsl
31.24
437
47%9
4J7
Cèshatb4n¥ard
993
$9.12Q
S1.908
20.•¥>
72.•01
i.t64
XEi4¢
993
Fl.737
023
715.
20.W3
Y30,M7
710.525
11
71SM4
736.V47
710525
GÉner4llurd5
71SX54
715J)S4
2Q*3
50.714
TOTALFiINDS
715.OS4
734017
710.52S
Act2(A. ènd
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **1. ACCOUNTING POLICIES**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
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) (effective 1 January 2019) - (Charities SORP (FRS 102)). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Sandcross Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Preparation of accounts on a going concern basis**
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.
## **Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period.
## **Income**
## _**Recognition of Income**_
These are included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the resources will be received; and
- the monetary value can be measured with sufficient reliability.
## _**Income with Related Expenditure**_
Where income has a related expenditure (as with fundraising or contract income) the income and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Income from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services have been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts but is described in the Trustees' annual report.
## **Expenditure**
## _**Governance Costs**_
Governance costs include the costs of the preparation and examination of statutory accounts and the cost of any legal advice to trustees on governance or constitutional matters.
11
## **SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **1. ACCOUNTING POLICIES (continued)**
## **Assets and Liabilities**
## _**Fixed Assets**_
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives charged to the SOFA. The rates applied per annum are as follows:
|Equipment|25%|
|---|---|
|Land & Building|Nil|
No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost. The useful economic life of these assets is so long and residual value so high that any depreciation would not be material. These assets are subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Debtors**_
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## _**Creditors**_
The charity has creditors which are measured at settlement amounts less any trade discounts.
## **2. TANGIBLE FIXED ASSETS**
|**Note**
Cost
01-Jan-25
_Additions - Lighting & Heating Installations_
_Additions - Baptistry Heater_
_Additions - Garden Shed_
_Additions - Projector_
Cost at
31-Dec-25
Depreciation
01-Jan-25
Charge
Depreciation at
31-Dec-25
Net Book Value
31-Dec-25
Net Book Value
31-Dec-24|Land & Building
Equipment
**Total**
£
£
**£**
639,608
40,132
679,740
_15,353_
_-_
_15,353_
_-_
_888_
_888_
_-_
_1,800_
_1,800_
_-_
_884_
_884_
Unrestricted Funds|
|---|---|
||654,961
43,704
698,665|
||-
31,240
31,240
-
3,116
3,116|
||-
34,356
34,356|
||**654,961**
**9,348**
**664,309**|
||639,608
8,892
648,500|
Church buildings have been depreciated previously, but the trustees consider that having regard to the ongoing maintenance of the property (the costs of which are charged to the SOFA) it is not appropriate to depreciate the cost of church buildings. Land is not depreciated.
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31-Dec-25 None 31-Dec-24 None
12
## **SANDCROSS CHURCH**
(A COMPANY LIMITED BY GUARANTEE)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
|**3. INCOME**
Notes
**a) Donations & Legacies**
Donations
Gift Aid Claims
Legacies
**b) Charitable Activities**
Children's Groups
**7**
Thank Offering Service
**c) Other Income**
Bank Interest
Sundry Income
**4. EXPENDITURE**
**Notes**
**a) Costs of Charitable Activities**
Pastor's Support (Rent, Council Tax, Other)
**7**
Missionary Grants
**5**
Outreach Costs
Children's Groups
**7**
Meeting Costs
Christian Books & Publications
Staff Costs (Children's Groups Leader)
**12**
IT, Website & Publishing
Office Costs
Licences & Subscriptions
Training & DBS Checks
Bank Charges
**b) Premises Costs**
Heat & light
Equipment & Electrical
Fire Alarm & Safety
Water & Waste
Insurance
Maintenance & Cleaning
Depreciation
**c) Governance Costs**
Independent Examiner's Fee|Unrestricted
Designated
**TOTAL**
**TOTAL**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
(Note 7)
60,985
-
60,985
17,712
14,607
-
14,607
3,870
-
-
-
30,000|
|---|---|
||**75,592**
**-**
**75,592**
**51,582**|
||-
40
40
2,522
-
-
-
1,868|
||**-**
**40**
**40**
**4,390**|
||1,275
-
1,275
331
-
-
-
55|
||**1,275**
**-**
**1,275**
**386**|
||Unrestricted
Designated
**TOTAL**
**TOTAL**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
(Note 7)
-
27,146
27,146
25,790
2,500
-
2,500
2,400
89
-
89
300
-
150
150
919
165
-
165
215
42
-
42
280
-
-
-
3,609
1,191
-
1,191
1,460
427
-
427
413
546
-
546
673
409
-
409
485
60
-
60
60|
||**5,429**
**27,296**
**32,725**
**36,603**|
||7,955
-
7,955
6,024
1,118
-
1,118
4,586
2,913
-
2,913
1,639
577
-
577
332
1,313
-
1,313
1,210
503
-
503
1,028
3,116
-
3,116
3,056|
||**17,495**
**-**
**17,495**
**17,876**|
||1,164
-
1,164
1,134|
||**1,164**
**-**
**1,164**
**1,134**|
13
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **5. GRANTS**
The table below displays grants made this year and in the previous reporting year.
|**Institutional Grants**
Crosslinks
Project Mozambique
Sparkfish
**Individual Grants**
Grants to 3 missionaries (2024: 3 missionaries)|Unrestricted
Designated
**TOTAL**
**TOTAL**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
600
-
600
600
500
-
500
400
500
-
500
200
900
-
900
1,200|
|---|---|
||**2,500**
**-**
**2,500**
**2,400**|
## **6. RESTRICTED FUNDS**
In previous years, the church presented certain internal earmarked funds as restricted. Following a post year-end review by the trustees in early 2025, it was confirmed in that these funds were not subject to any external restrictions but had instead been internally designated for specific purposes by the charity. As such, the remaining balances at the year-end were reclassified and transferred from restricted funds to designated funds.
Specifically, the trustees have designated funds for the Pastor’s Accommodation costs and our Children’s Groups. Details of the amounts transferred and now held by the church as designated funds are provided in note 7 below.
|Minister Fund
Children's Groups|**Balance**
**Balance**
**01-Jan-24**
Income
Expenditure
**31-Dec-24**
**£**
£
£
£
**£**
51,382
-
25,790
(25,592)
-
2,532
2,522
4,528
(526)
-
Transfers to
Designated
**PRIOR YEAR**|
|---|---|
||**53,914**
**2,522**
**30,318**
**(26,118)**
**-**|
**Minister Fund:** Reserves to support the ongoing accommodation, council tax and related costs of our pastor and his family. The Minister's Fund is an amount earmarked by the Trustees, and not donors. Therefore it was reclassified as designated, and the balance remaining at the 2024 year-end was transferred to designated funds.
**Mission Fund:** see Note 5 Grants above for details of Institutional and Individual donations. The missional fund is no longer active as all grants are spent from unrestricted funds. The fund is no longer recorded separately and was closed accordingly in the prior year.
**Children's Groups:** Attendance fee income received for children attending our Play Café and Tiny Tunes groups is used to fund the costs of running those groups. The balance remaining at the 2024 year-end was transferred to designated funds for the ongoing costs of Tiny Tunes.
14
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **7. DESIGNATED FUNDS**
Designated funds were created on 31st December 2024 by the transfer of restricted funds (referenced in Note 6 above) and unrestricted funds (as noted below).
|Pastor's Accommodation
Children's Groups|**Balance**
**Balance**
**01-Jan-25**
Income
Expenditure
Transfer
**31-Dec-25**
**£**
£
£
£
**£**
50,188
-
27,146
(2,465)
20,577
526
40
150
-
416
**THIS YEAR**|
|---|---|
||**50,714**
**40**
**27,296**
**(2,465)**
**20,993**|
**LAST YEAR**
|Pastor's Accommodation
Children's Groups|**Balance**
**31-Dec-24**
£
£
**£**
25,592
24,596
50,188
526
-
526
Transfer from
Unrestricted
Funds
Transfer from
Restricted Funds|
|---|---|
||**26,118**
**24,596**
**50,714**|
**Pastor’s Accommodation:** In the prior year, the trustees designated £50,188 from a combination of restricted and unrestricted reserves to cover the lease and associated housing costs for out pastor and his family through to early September 2026. This includes an estimated provision for council tax for 2026. A further £2,465 was designated from unrestricted funds during 2025 to reflect the increase in estimated costs to early September 2026. The trustees have resolved to extend the Pastor’s accommodation and related support by a further 12 months to September 2027 for which unrestricted funds will be designated when details are finalised.
**Children's Groups:** The designated funds also include a Children’s Group reserve to cover the costs of Tiny Tunes.
|**8. DEBTORS AND PREPAYMENTS**
Gift Aid Recoverable|Unrestricted
Designated
**Total**
**Total**
Fund
Fund
**31-Dec-25**
**31-Dec-24**
£
£
**£**
**£**
4,379
-
4,379
3,893|
|---|---|
||**4,379**
**-**
**4,379**
**3,893**|
## **9. CASH AT BANK AND IN HAND**
|Co-op current account
CAF gold account
CAF Cash Account|Unrestricted
Designated
**Total**
**Total**
Fund
Fund
**31-Dec-25**
**31-Dec-24**
£
£
**£**
**£**
8,479
-
8,479
7,318
39,025
20,993
60,018
51,777
25
-
25
25|
|---|---|
||**47,529**
**20,993**
**68,522**
**59,120**|
15
**SANDCROSS CHURCH** (A COMPANY LIMITED BY GUARANTEE)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **10. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Independent Examiners Fee|Unrestricted
Designated
**Total**
**Total**
Fund
Fund
**31-Dec-25**
**31-Dec-24**
£
£
**£**
**£**
1,164
-
1,164
990|
|---|---|
||**1,164**
**-**
**1,164**
**990**|
## **11. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
There were no Creditors or Accruals falling due in more than one year at the end of this financial year (2024: £Nil).
## **12. STAFF COSTS**
|Gross Wages and Salaries (Children's Groups Leader)
Employer's National Insurance Costs
Pension Contributions|2025
2024
3,609
-
-
-
-|
|---|---|
||**-**
**3,609**|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 during the financial year. Support was provided during 2024 to our Children’s Groups leader but, as noted in the Report of the Trustees, the support costs of our Pastor are funded by his supporting Korean Churches for which the Trustees are very grateful.
The average number of employees during the year was: 0 (2024 - 1)
## **13. TRUSTEES AND OTHER RELATED PARTIES**
The Trustees have individually made regular donations to the Church throughout the year. No conditions were attached to these transactions.
During the year two of the trustees made lump sum gifts of £40,000 and £5,362.80 respectively, on which Gift Aid has been reclaimed. There were no conditions attaching to these donations.
No other payments were made to Trustees or any persons connected with them during this financial period, other than reimbursement for items bought on behalf of the Church. No other material transaction took place between the organisation and a trustee or any person connected with them.
## **14. PRIOR YEAR ADJUSTMENT**
In the 2024 accounts, a prior year adjustment of £138 was made to correct depreciation that was understated in the previous year due to a fixed asset addition being omitted from the depreciation calculation. This adjustment was recognised directly in reserves and had no impact on the 2024 period's surplus or deficit.
16