COMPANY REGISTRATION NUMBER: 6829106 CHARITY REGISTRATION NUMBER: 1128500
All Nations Church, Bedford Company Limited by Guarantee Financial Statements 30 September 2025
COLLETT HULANCE ACCOUNTANTS LIMITED
Chartered Certified Accountants & statutory auditor 40 Kimbolton Road Bedford MK40 2NR
All Nations Church, Bedford
Company Limited by Guarantee
Financial Statements
Year ended 30 September 2025
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent auditor's report to the members | 11 |
| Statement of financial activities (including income and | |
| expenditure account) | 15 |
| Statement of financial position | 16 |
| Statement of cash flows | 17 |
| Notes to the financial statements | 18 |
All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 30 September 2025
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30 September 2025.
Reference and administrative details
| Registered charity name | All Nations Church, Bedford | |
|---|---|---|
| Charity registration number | 1128500 | |
| Company registration number | 6829106 | |
| Principal office and registered | Church Centre | |
| office | 79 Brickhill Drive | |
| Bedford | ||
| MK41 7QF | ||
| The trustees | Richard Green | |
| Paul Dowling | (Resigned 15 January 2026) | |
| Andrew Ekuban | ||
| Simon McCrossan | (Resigned 30 January 2025) | |
| Chantelle Aladewolu | ||
| Anu-Oluwapo Fagbenro | ||
| Angelina Florio | ||
| Norman Ingle | ||
| Norma-Ann Hand | (Appointed 30 September 2025) | |
| Auditor | Collett Hulance Accountants Limited | |
| Chartered Certified Accountants & statutory auditor | ||
| 40 Kimbolton Road | ||
| Bedford | ||
| MK40 2NR | ||
| Bankers | National Westminster Plc | |
| 81 High Street | ||
| Bedford | ||
| MK40 1NE | ||
| Solicitors | HCB Solicitors | |
| Graylaw House | ||
| 21 Goldington Road | ||
| Bedford | ||
| MK40 3JY |
1
All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Structure, governance and management
Governing document
All Nations Church, Bedford is a company limited by guarantee, incorporated as Brickhill Baptist Church on 24 February 2009 and registered as a charity on 11 March 2009. Brickhill Baptist Church, Bedford changed its name to All Nations Church, Bedford on 27 June 2013. The church previously operated as an ‘excepted’ and unincorporated charity under the trusteeship of The Baptist Union Corporation Limited which is a registered charity and continues to be custodian trustee for the church property at 79 Brickhill Drive. The company was established by a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
Appointment of Responsible Individuals and Elders
The Church is governed by its responsible individuals who are appointed according to the Articles of Association. The individuals are closely involved in the church's operations and held regular meetings during the reporting period ended 30 September 2025.
Elders are recognised by the congregation for the spiritual direction of the church, and these elders together with other people in leadership are appointed as Trustees as required. Day to day management is delegated to a team of senior staff and volunteer ministry leaders. At specific times during the year midweek church prayer meetings are open to all members and attenders to which visitors and guests are welcome.
Trustees
The trustees, who are directors for the purpose of company law, who served during the period and up to the date of this report are set out on page 1.
Trustees induction and training
The trustees, who are Responsible Individuals and Elders are closely involved in the church’s operations prior to appointment and are appointed according to their ability to lead the church and the skills they bring to the post. Existing Responsible Individuals, Elders and new appointees have a good knowledge of the operation of the Church prior to appointment. New appointees are supported in their posts by existing appointees. New appointees are also provided with copies of the Memorandum and Articles of Association, latest financial statements and guidance from the Charity Commission, including the Charity Commission guide ‘The Essential Trustee’.
Pay policy for senior staff
The key management personnel comprise the directors/trustees, elders and the church leaders. Key management personnel remuneration is disclosed in note 11 to the accounts and includes remuneration paid to trustees under their contracts of employment, in accordance with the provisions of Clause 6 of the Company's Articles of Association. The pay of key management personnel is reviewed annually and normally increased in accordance with average earnings. In view of the nature of the charity this is benchmarked against other similar organisations.
Risk management
The trustees have assessed the major risks to which the church is exposed, in particular those relating to the operations and finances of the church. A detailed analysis of income and expenditure is provided to all trustees every month with the opportunity to raise questions at regular leadership team meetings. The trustees are satisfied that systems are in place to mitigate their exposure to major risk.
2
All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Objectives and activities
Aims and objectives
The church’s purposes as more fully set out in the objects which form part of the memorandum of association are:
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to advance the Christian faith;
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to relieve sickness and financial hardship and to promote and preserve good health by providing funds, goods or services including counselling and support;
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to further Christian education; and
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to provide, or assist in providing, facilities for those in need, to help improve their conditions of life.
Statement on public benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Church’s aims and objectives and in planning future activities.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
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All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Achievements and performance
Introduction
The Church is a member of the Baptist Union and Evangelical Alliance and operates within the Catalyst Network in association with Newfrontiers.
A pre-school has been operating within the Church building for over 40 years, with a good report following the most recent Ofsted inspection. The pre-school continues to enjoy a very good reputation and is known for excellent help to those children with additional needs. The results of this activity are disclosed in note 17 to these financial statements.
The Grove Pregnancy Advice Centre incorporated as a ministry of All Nations Church is based in a separate property at 118 Brickhill Drive. The Grove continues to serve specific needs including support for pregnant mothers and helping those in the first year of birth. The Grove is open to all the community and is staffed by one All Nations Church employee supported by volunteers from elsewhere as well as members of All Nations Church.
We record our appreciation to members of the public and to other churches who continue to support The Grove Pregnancy Advice Centre as well as other organisations serving the community, including the Bedford Foodbank.
Premises and facilities
The Baptist Union Corporation Limited, which is a registered charity, continues to be custodian trustee for All Nations church centre at 79 Brickhill Drive MK41 7QF. The other building owned by All Nations church, occupied and used by The Grove Pregnancy Advice Centre, is situated at 118 Brickhill Drive, MK41 7QN.
Church report
Membership and attendance
The trustees are the legal members of All Nations as a limited company. During the year over 400 people were recorded on the Church Suite database as members of the Church. Many other families and individuals regularly attend, support and serve, with an average attendance of 300 adults each Sunday.
The Church Centre
The church building at 79 Brickhill Drive is the registered office of All Nations Church, a charitable company limited by guarantee. The majority of the staff team are based in the first-floor offices, and the building houses the congregation every Sunday, as well as numerous activities throughout the week including the Pre-school. The main rooms are available for specific wider community activities such as one of the Bedford Foodbank distribution centres, other charity meetings, and as a polling station on election days. All the main rooms are readily accessible to wheelchair users and parents with pushchairs, including a baby changing room and a toilet designed for wheelchair access.
Operations
The building is open to members of the community throughout the week and is used for a wide range of activities. These include personal prayer and prayer meetings, youth and children's activities, PreSchool sessions, Freedom in Christ, Joining the Family, and First Steps. Other regular activities include Young Adults, Youth, the Food Bank, Kids Connected, baby and toddler groups, the Strong Course, and the Introduction to Prophecy course. In addition, several Prayer Weeks were held during the year.
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All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
The building has also been hired by external organisations and individuals. Rooms were rented to local businesses and to community groups. In total, there were 13 private hires, which included birthday parties, funerals, and a worship concert.
Staff Team
In June 2025, the Ministry Facilitator stepped down from her role. During July, August, and September, a temporary contract was put in place with a member of the congregation to provide interim cover while a suitable permanent replacement was sought. A new Ministry Facilitator was appointed on a part-time contract in October 2025. During this period, the Operations Lead hours were also increased.
Worship and Prayer
All are welcome to attend our regular Sunday Services in the building, or to watch and listen online through our YouTube broadcast. Both in-the-building and online Sunday services consist of a time of worshiping God and a Biblical sermon, with the opportunity to receive prayer in person or online. We hold a worship and prayer service every Sunday evening. An hour-long prayer meeting held every Wednesday morning is well attended. We have teams of people to help welcome and integrate new people, and the building remained open to community members for personal prayer at every opportunity. We continued to oversee the spiritual and worship activities to facilitate the growth of our diverse multiethnic church family for the glory of God.
Communities
We are committed to supporting connections with our multi-national fellowship and strive to facilitate their paths for leadership. Our consistent fellowship with men is aimed at building and empowering families. We provide an automatic virtual translation service on Sundays, a tangible expression of our welcoming heart to all. We continue to exercise our faith for church growth and to serve the poor or lonely. Our ministry, created to reach out, make disciples, and develop opportunities for sharing the Good News with all nations represented in our congregation, is an ongoing work.
Christmas Hampers
Leading up to Christmas we provide food hampers for people in need in our community. During the week of 8th December - 13th December 2024 we again provided 917 households with a Christmas hamper, reaching 2,156 people in Bedford. We are grateful for the support of local schools, businesses and members of the community, as well as church members.
Children and Family Support
During the year many resources have been coming together to develop the children's worship sessions including digital registration. The Children's Lead developed the Baptism Prep sessions for our children and has completed this with one child. These are age appropriate and individual sessions that only result in a child being baptised if it is prayerfully discerned that this is spiritually appropriate, due to them having encountered Jesus for themselves. Although we have only baptised one child this year there are at least 12 other children who are interested in either learning about baptism or being baptised.
There were both prayer weeks and mission weeks, which have been very fruitful in seeing children respond to the Gospel and families engage with the Holy Spirit and Kingdom life together. This has at times brought to the surface needs which have been acted upon through facilitating pastoral care and referrals to other support. We had a great response to our request for August cover for our Sunday children's team, which resulted in more people joining the regular team having enjoyed their taste of children's worship over the summer. Much of the summer term onwards has been putting resources in place to brand the children's worship including a new parent wall, welcome packs, policies, and behaviour resources to aid those who have additional needs. This year also saw the start
5
All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
of our SEND ministry for one child who requires more specific 1:1 support, as a result of a few of the team seeking to support children with SEND. It is intended that this will prayerfully develop into a separate area of ministry as provision expands. Overall, we are seeing growth in our children's worship which is very exciting and there is more to develop in many ways as we continue to invest in the children of All Nations church!
The Toddlers’ group on Wednesday afternoons continues to be attended by parents, grandparents and carers from the local community. We have had opportunities to support parents and carers in different ways as well as to build relationships with them. This year we have had a Speech and Language Therapist visit the sessions to give advice to parents and have had visitors from the Children's Centres Hub and Bedford Parent Carer Forum. This Summer we were able to run the Stay and Play sessions all through the school summer holidays and this was much appreciated by families. In addition to Stay and Play, we had some children and families attend two Family Board games afternoons in August. We will continue to offer these opportunities in future school holidays as they were well received by parents.
Mums and Babies group met weekly throughout the year and was attended by a consistent group of mums. The group offers a place for mums to meet, share experiences and to support one another through the first year of parenthood.
Kids' Club met weekly during term time throughout the year. A committed team of volunteers continued to provide activities for children in school years 2-6.
In September 2024 the deputy leader took on the role of Pre-School Leader with the existing leader swapping roles to act as her deputy to help with this transition. In July 2025 a new Deputy was appointed and started in the role in September 2025 enabling the previous leader to retire from her role in preschool. Two other staff members completed the Early Years professional qualification, one of whom has since left. The Preschool lead completed her NPQ in Early years Leadership and Management and is awaiting results. During the year the pre-school staff have continued with training and CPD and been part of initiatives such as Helicopter stories. In the Summer term staff took children to an early year's event, organised by Bedford Borough and children had the opportunity to try a variety of activities. The group continues to support a number of children with additional needs and the Special Needs Coordinator supported education health and care plan assessments for several children. The Grove started an initiative and included the children in creating a garden space. The Ward councillors gave pre-school another grant to support families and we were able to provide weekly breakfast bags for 10 children during the Spring and Summer terms. A second trustee joined the Pre-school management committee to help support the group.
Youth and Young Adults
Our Youth work is beginning to really come into its own at the moment. We are still gathering together on a Wednesday evening, with up to 30 young people in attendance. We play some games, worship together, share the Word as well as gather in small groups. Over the last 6-8 months, we are really beginning to see God move in the lives of our young people and His presence has been moving powerfully on a Wednesday evening among us. Many of our young people are asking a lot of questions that are deep about the nature of God and church which is incredibly encouraging for us all.
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All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Additionally, quite a few are also involved in a serving area either on a Sunday or midweek. We took 57 youth to Newday 2025 which was an amazing week where many of our young people had a powerful encounter with the Holy Spirit. We are really looking forward to all that God is going to do and incredibly thankful for all that he has done this year.
The Young Adults group is one of the fastest growing ministries in our church at the moment, with 14 young adults being baptised this year. Praise God. We are still meeting together once a month (the first Monday of each month), though all of our young adults are eager to be meeting together more often than this, which is something we need to be praying for. There are approximately 40 regular young adults in the church that we are connected to and we anticipate that number to grow again in the next 12 months as the Lord begins to move among this age group. Like our Youth, many of them are regular members of our serving teams across the church. It is a really exciting time for the Young Adults as a church, and we are living in some of the days that we have been praying for!
The Grove Pregnancy Advice Centre
The Grove Pregnancy Advice Centre incorporated as a ministry of All Nations Church is based in a separate property at 118 Brickhill Drive. The Grove is open to all the community and is staffed by one All Nations Church part time employee supported by volunteers from elsewhere as well as members of All Nations Church.
The Grove continues to serve specific needs including a safe space for people to come to talk about their options for a crisis pregnancy, supporting those struggling to come to terms with varying kinds of baby loss during pregnancy and practical support for those going through financial hardship during the first year of their baby's life. During the year 92 different clients contacted the Grove, including those with a crisis pregnancy and seeking support post abortion or following a miscarriage. The Family Support section provides baby clothes and the loan of equipment to families in need from birth to one year across the Bedford Borough.
We have begun a new garden project started with a grant from the National Garden Scheme. We have grown fresh fruit and vegetables which we give to clients who are struggling financially and also to Bedford Foodbank's distribution centre at All Nations on a Monday afternoon.
We are grateful for the practical support and donations from members of the community as well as members of All Nations Church.
Communications, Media and Technology
Teams continue to grow, with the exciting development that many of our team members are now young people. A new Social Media & Photography team was assembled last year with the goal of revitalising our social media presence, which was achieved. Weekly "Sermon Shorts" are now being filmed and uploaded as Reels, featuring key sermon points which have been driving engagement, and we are also uploading each week's sermon to Spotify & Apple Podcasts for easy listening.
Our livestream viewership has grown, averaging 45 concurrent viewers each week - sometimes reaching almost 60. The Weekly Update email has been adapted by the Operations Lead, who has dramatically streamlined the content, and a bi-weekly/monthly Reels-style companion video to this is being explored. We are constantly re-assessing these strategies and have been exploring new ones.
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All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Disclosure and Barring Service
DBS applications for All Nations church and pre-school staff and volunteers continue to be submitted through the Christian Safeguarding Service. This is now carried out by the Children's Lead who has responsibility for Safeguarding. The number of applications has declined as more applicants have successfully applied for the Update Service.
Overseas Mission and Support
Our name as All Nations prophetically launches us to go into the nations from the nations. We continue to do that with partnerships and connections in Malawi and Mozambique, Colombia, Albania and Finland.
In August 2025, we sent a team of 10 to Malawi for a mission trip where we served at a leader's conference, visiting the children's home we serve as a church (Janet's House) and visiting some of the projects we have supported financially over these last years. Most notably we visited the 5 acres of land purchased out of our Christmas Offering in December 2023, along with various boreholes that had been established out of funds raised in previous years. Plans are already in place for another visit in 2026.
We continue to support a church planting opportunity in Albania, where a couple from All Nations now live and work, and are active in serving this ministry.
Our senior pastors also got the privilege of visiting Colombia and Finland to serve and further relationships with leaders and ministries in these lands.
60th Anniversary Celebration
In September 2025, we celebrated 60 years of worship and mission on our current site. This included an exhibition of artefacts and photos, along with interviews of former pastors and church members, and was open to all in our local community. It culminated with a thanksgiving celebration on Sunday 28th September, which was a fitting occasion marked with much joy and gratitude to God for his goodness and faithfulness.
Future Developments
We are clearly in a season of growth and expansion as numerically our Sunday services continue to increase, and the use of our building midweek as a hub of mission, community service and care also expands. This is presenting us with space challenges, and we are praying for God's solution in meeting these in the months ahead.
We therefore need to multiply leadership, ministry teams, connect groups, and training and discipleship opportunities to facilitate the spiritual and physical growth the Holy Spirit is bringing to us as a church. This is part of our planning and prayer as we look ahead.
Staff Salary Remuneration Team
The salary remuneration team consists of the non-staff Trustees and meets annually and as required to consider all aspects of salaries and benefits.
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All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
Financial review
The financial statements reflect activities during the twelve months ended 30 September 2025. Presented alongside the financial statements for this period are the comparable amounts as reported in the accounts for the twelve-month period ended 30 September 2024.
Summary of Financial Performance
Total income for the year was £765,998. Total expenditure for the year was £783,169. The deficit for the year was £17,171.
At 30 September 2025 unrestricted reserves were £1,845,252 (2024: £1,854,300). These comprised £1,547,223 (2024: £1,572,362) in the capital fund; £70,081 (2024: £67,284) in the designated future fund and £227,948 (2024: £214,654) of general funds.
Restricted funds at 30 September 2025 amounted to £92,621 (2024: £100,744).
Investment Policy and Returns
The trustees have wide investment powers and the trust's investment policy is to invest the monies not immediately required for the primary purpose of the trust, in such investments as may be thought fit.
Reserves Policy
It is the trustees' policy to hold in unrestricted free reserves the equivalent of two months' general running costs (£130,000) together with an additional one month's salary costs (£40,000). The total required reserves of £170,000 at 30 September 2025 compares to £298,029 of 'free reserves' (i.e. net assets less restricted funds, less tangible fixed assets) held at 30 September 2025.
In addition to free reserves, we also hold in cash, sufficient funds to enable the church to meet its known commitments to beneficiaries both in the UK and abroad (i.e. the restricted fund balance of £92,621).
Plans for future periods
As attendance continues to grow and numbers of new people coming to know Jesus increases, we are looking at the possibility of adding in new Sunday services. We continue to seek the Lord about new groups across the town of Bedford with the aim of establishing new worshipping congregations in due course.
Trustees' responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.
9
All Nations Church, Bedford
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 September 2025
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a trustee at the date of approval of this report confirms that:
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so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and
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they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.
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The trustees' annual report and the strategic report were approved on 18 June 2026 and signed on behalf of the board of trustees by:
Richard Green Trustee
Norman Ingle Trustee
10
All Nations Church, Bedford
Company Limited by Guarantee
Independent Auditor's Report to the Members of All Nations Church, Bedford
Year ended 30 September 2025
Opinion
We have audited the financial statements of All Nations Church, Bedford (the 'charity') for the year ended 30 September 2025 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 30 September 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
11
All Nations Church, Bedford
Company Limited by Guarantee
Independent Auditor's Report to the Members of All Nations Church, Bedford
(continued)
Year ended 30 September 2025
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
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the trustees' report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit.
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All Nations Church, Bedford
Company Limited by Guarantee
Independent Auditor's Report to the Members of All Nations Church, Bedford (continued)
Year ended 30 September 2025
Responsibilities of trustees
As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory framework applicable to the charity and how the charity is complying with that framework. We also enquired of management about their own identification and assessment of the risks of irregularities and reviewed the minutes of meetings of those charged with governance. We considered the susceptibility of the financial statements to material misstatement, including how fraud might occur and we obtained an understanding of the charity's current activities, the scope of its authorisation and the effectiveness of its control environment. These procedures are considered to be sufficient to identify material misstatements in respect of irregularities, including fraud, but cannot be relied upon to detect every potential misstatement.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
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Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
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Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
13
All Nations Church, Bedford
Company Limited by Guarantee
Independent Auditor's Report to the Members of All Nations Church, Bedford (continued)
Year ended 30 September 2025
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Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
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Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
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Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
Andrew Robert Upton (Senior Statutory Auditor)
For and on behalf of Collett Hulance Accountants Limited Chartered Certified Accountants & statutory auditor 40 Kimbolton Road Bedford MK40 2NR
Date:
14
All Nations Church, Bedford
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 30 September 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 466,736 | 94,369 | 561,105 | 503,429 |
| Charitable activities | 6 | 32,648 | 169,374 | 202,022 | 184,817 |
| Investment income | 7 | 2,367 | 504 | 2,871 | 2,969 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 501,751 | 264,247 | 765,998 | 691,215 | |
| ================================ | ================================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 8,9 | 507,511 | 275,658 | 783,169 | 683,944 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 507,511 | 275,658 | 783,169 | 683,944 | |
| ================================ | ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net (expenditure)/income | (5,760) | (11,411) | (17,171) | 7,271 | |
| ================================ | ================================ | ================================ | ================================ | ||
| Transfers between funds | (3,288) | 3,288 | – | – | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net movement in funds | (9,048) | (8,123) | (17,171) | 7,271 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 1,854,300 | 100,744 | 1,955,044 | 1,947,773 | |
| ----------------------------------------- | -------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Total funds carried forward | 1,845,252 | 92,621 | 1,937,873 | 1,955,044 | |
| ========================================= | ================================ | ========================================= | ========================================= |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 18 to 29 form part of these financial statements.
15
All Nations Church, Bedford
Company Limited by Guarantee
Statement of Financial Position
30 September 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 1,547,223 | 1,572,362 |
| Current assets | |||
| Debtors | 14 | 12,743 | 12,969 |
| Cash at bank and in hand | 398,571 | 383,186 | |
| -------------------------------- | -------------------------------- | ||
| 411,314 | 396,155 | ||
| Creditors: amounts falling due within one year | 15 | 20,664 | 13,473 |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 390,650 | 382,682 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total assets less current liabilities | 1,937,873 | 1,955,044 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Net assets | 1,937,873 | 1,955,044 | |
| ========================================= | ========================================= | ||
| Funds of the charity | |||
| Restricted funds | 92,621 | 100,744 | |
| Unrestricted funds | 1,845,252 | 1,854,300 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total charity funds | 17 | 1,937,873 ========================================= |
1,955,044 ========================================= |
These financial statements were approved by the board of trustees and authorised for issue on 18 June 2026, and are signed on behalf of the board by:
Norman Ingle Trustee
Andrew Ekuban Trustee
The notes on pages 18 to 29 form part of these financial statements.
16
All Nations Church, Bedford
Company Limited by Guarantee
Statement of Cash Flows
Year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net (expenditure)/income | (17,171) | 7,271 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 27,984 | 32,297 |
| Other interest receivable and similar income | (2,871) | (2,969) |
| Gains on disposal of heritage assets | – | (841) |
| Accrued expenses | 5,514 | 274 |
| Changes in: | ||
| Trade and other debtors | 226 | 25,749 |
| Trade and other creditors | 1,677 | (768) |
| --------------------------- | --------------------------- | |
| Cash generated from operations | 15,359 | 61,013 |
| Interest received | 2,871 | 2,969 |
| --------------------------- | --------------------------- | |
| Net cash from operating activities | 18,230 | 63,982 |
| =========================== | =========================== | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (2,845) | – |
| Proceeds from sale of tangible assets | – | 2,004 |
| Proceeds from sale of heritage assets | – | 841 |
| --------------------------- | --------------------------- | |
| Net cash (used in)/from investing activities | (2,845) | 2,845 |
| =========================== | =========================== | |
| Cash flows from financing activities | ||
| Payments of finance lease liabilities | – | (2,560) |
| --------------------------- | --------------------------- | |
| Net cash used in financing activities | – | (2,560) |
| =========================== | =========================== | |
| Net increase in cash and cash equivalents | 15,385 | 64,267 |
| Cash and cash equivalents at beginning of year | 383,186 | 318,919 |
| -------------------------------- | -------------------------------- | |
| Cash and cash equivalents at end of year | 398,571 | 383,186 |
| ================================ | ================================ |
The notes on pages 18 to 29 form part of these financial statements.
17
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 September 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Church Centre, 79 Brickhill Drive, Bedford, MK41 7QF.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Significant judgements
There are no significant judgements (apart from those involving estimations) made by management.
Key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are the rates of depreciation applied to tangible fixed assets. Tangible fixed assets are depreciated at the rates and amounts disclosed in these financial statements and are regarded by management as the most appropriate rates for the relevant categories of assets.
18
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future projects or commitments.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
19
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
3. Accounting policies (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
- Freehold property - 1%, 2% and 5% per annum on net book value Fixtures and fittings - 5% and 25% per annum on net book value Motor vehicles - 25% per annum on net book value Equipment - 33.33% per annum on net book value
20
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
3. Accounting policies (continued)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
21
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
3. Accounting policies (continued)
Defined contribution plans (continued)
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The church is constituted as a charitable company, limited by guarantee and has no share capital. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Donations | ||||
| Offerings and gifts | 387,108 | 87,498 | 474,606 | |
| Income tax recovered on gifts | 79,628 | 6,871 | 86,499 | |
| -------------------------------- | --------------------------- | -------------------------------- | ||
| 466,736 | 94,369 | 561,105 | ||
| ================================ | =========================== | ================================ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Donations | ||||
| Offerings and gifts | 360,664 | 61,345 | 422,009 | |
| Income tax recovered on gifts | 74,207 | 7,213 | 81,420 | |
| -------------------------------- | --------------------------- | -------------------------------- | ||
| 434,871 | 68,558 | 503,429 | ||
| ================================ | =========================== | ================================ |
Government grant income of £4,118 in 2025 comprised the National Garden Scheme (£1,269) and Pre School (£2,849) (2024: £nil).
6. Charitable activities
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Contributions for use of premises | 18,911 | – | 18,911 |
| Income from charitable activities | 13,737 | 169,374 | 183,111 |
| --------------------------- | -------------------------------- | -------------------------------- | |
| 32,648 | 169,374 | 202,022 | |
| =========================== | ================================ | ================================ |
22
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
6. Charitable activities (continued)
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Contributions for use of premises | 16,644 | – | 16,644 | ||
| Income from charitable activities | 19,551 | 148,622 | 168,173 | ||
| --------------------------- | -------------------------------- | -------------------------------- | |||
| 36,195 | 148,622 | 184,817 | |||
| =========================== | ================================ | ================================ | |||
| 7. | Investment income | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Investment income - bank interest | 2,367 | 504 | 2,367 | ||
| ----------------------- | -------------- | ----------------------- | |||
| 2,367 | 504 | 2,871 | |||
| ======================= | ============== | ======================= | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Investment income - bank interest | 2,370 | 599 | 2,370 | ||
| ----------------------- | -------------- | ----------------------- | |||
| 2,370 | 599 | 2,969 | |||
| ======================= | ============== | ======================= | |||
| 8. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Staff costs | 338,532 | 147,314 | 485,846 | ||
| Governance and support costs | 40,701 | 22,497 | 63,198 | ||
| Premises costs | 83,093 | 4,161 | 87,254 | ||
| Church based mission costs | 36,142 | 51,203 | 87,345 | ||
| Other mission costs | 9,043 | 50,483 | 59,526 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 507,511 | 275,658 | 783,169 | |||
| ================================ | ================================ | ================================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Staff costs | 335,910 | 114,328 | 450,238 | ||
| Governance and support costs | 45,213 | 20,862 | 66,075 | ||
| Premises costs | 51,367 | 2,615 | 53,982 | ||
| Church based mission costs | 28,905 | 30,344 | 59,249 | ||
| Other mission costs | 14,572 | 39,828 | 54,400 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 475,967 | 207,977 | 683,944 | |||
| ================================ | ================================ | ================================ |
23
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
9. Expenditure on charitable activities by activity type
| Activities | |||
|---|---|---|---|
| undertaken | Total funds | Total fund | |
| directly | 2025 | 2024 | |
| £ | £ | £ | |
| Staff costs | 485,846 | 485,846 | 450,238 |
| Governance and support costs | 63,198 | 63,198 | 66,075 |
| Premises costs | 87,254 | 87,254 | 53,982 |
| Church based mission costs | 87,345 | 87,345 | 59,249 |
| Other mission costs | 59,526 | 59,526 | 54,400 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| 783,169 | 783,169 | 683,944 | |
| ================================ | ================================ | ================================ |
10. Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | 27,984 | 32,297 |
| Gains on disposal of heritage assets | – | (841) |
| Auditors’ remuneration | 7,500 | 7,380 |
| =========================== | =========================== |
11. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 426,912 | 386,707 |
| Social security costs | 23,068 | 31,208 |
| Employer contributions to pension plans | 33,503 | 30,636 |
| Other employee benefits | 2,362 | 1,687 |
| -------------------------------- | -------------------------------- | |
| 485,845 | 450,238 | |
| ================================ | ================================ |
The average head count of employees during the year was 23 (2024: 20). The average number of full-time equivalent employees during the year is analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Church staff | 12 | 11 |
| Nursery staff | 11 | 9 |
| -------------- | -------------- | |
| 23 | 20 | |
| ============== | ============== |
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £187,856 (2024: £153,736).
24
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
12. Trustee remuneration and expenses
Key management personnel remuneration includes remuneration paid to 2 trustees under their contracts of employment, in accordance with the provisions of Clause 6 of the Company’s Articles of Association. Remuneration paid to trustees is as follows:
| 2025 | 2025 | 2024 | 2024 | |
|---|---|---|---|---|
| Salary | Pension | Salary | Pension | |
| contributions | contributions | |||
| £ | £ | £ | £ | |
| Mr R Green | 47,221 | 8,190 | 46,294 | 8,190 |
| Ms C Aladewolu | 22,693 | 2,269 | 22,248 | 2,225 |
During the year, no trustees were reimbursed travel expenses (2024: £nil).
13. Tangible fixed assets
| Freehold | Fixtures and |
Motor | |||
|---|---|---|---|---|---|
| property | fittings | vehicles | Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| At 1 October 2024 | 1,978,565 | 145,945 | – | 145,094 | 2,269,604 |
| Additions | – | – | 2,845 | – | 2,845 |
| Disposals | – | – | – | (48,640) | (48,640) |
| ----------------------------------------- | -------------------------------- | ----------------------- | -------------------------------- | ----------------------------------------- | |
| At 30 September 2025 | 1,978,565 | 145,945 | 2,845 | 96,454 | 2,223,809 |
| ========================================= | ================================ | ======================= | ================================ | ========================================= | |
| Depreciation | |||||
| At 1 October 2024 | 439,641 | 119,798 | – | 137,803 | 697,242 |
| Charge for the year | 22,524 | 2,151 | 711 | 2,598 | 27,984 |
| Disposals | – | – | – | (48,640) | (48,640) |
| ----------------------------------------- | -------------------------------- | ----------------------- | -------------------------------- | ----------------------------------------- | |
| At 30 September 2025 | 462,165 | 121,949 | 711 | 91,761 | 676,586 |
| ========================================= | ================================ | ======================= | ================================ | ========================================= | |
| Carrying amount | |||||
| At 30 September 2025 | 1,516,400 | 23,996 | 2,134 | 4,693 | 1,547,223 |
| ========================================= | ================================ | ======================= | ================================ | ========================================= | |
| At 30 September 2024 | 1,538,924 | 26,147 | – | 7,291 | 1,572,362 |
| ========================================= | ================================ | ======================= | ================================ | ========================================= |
The church is the beneficial owner of All Nations Church Centre, the legal title to which is held by the Church's custodian trustee The Baptist Union Corporation.
All Nations Church, Bedford is the owner of 118 Brickhill Drive, Bedford.
25
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
13. Tangible fixed assets (continued)
Tangible fixed assets held at valuation
The amounts shown for freehold property are based upon valuations made on 4 November 1993 for insurance purposes and subsequent additions at cost.
Under the transitional provisions of Financial Reporting Standard 15, the Church retained the valuation at 4 November 1993 and opted to depreciate buildings, rather than a policy of regular revaluation. Under the transitional provisions of FRS 102 the Church has continued to retain and depreciate the 1993 valuation.
In respect of tangible fixed assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:
| the historical cost model are as follows: | ||
|---|---|---|
| Freehold | ||
| property | ||
| £ | ||
| At 30 September 2025 | ||
| Aggregate cost | 517,222 | |
| Aggregate depreciation | (4,917) | |
| -------------------------------- | ||
| Carrying value | 512,305 | |
| ================================ | ||
| At 30 September 2024 | ||
| Aggregate cost | 517,222 | |
| Aggregate depreciation | (3,375) | |
| -------------------------------- | ||
| Carrying value | 513,847 | |
| ================================ | ||
| Debtors | ||
| 2025 | 2024 | |
| £ | £ | |
| Prepayments and accrued income | 1,819 | 2,689 |
| Other debtors | 10,924 | 10,280 |
| --------------------------- | --------------------------- | |
| 12,743 | 12,969 | |
| =========================== | =========================== | |
| Creditors: amounts falling due within one year | ||
| 2025 | 2024 | |
| £ | £ | |
| Accruals and deferred income | 13,659 | 8,145 |
| Social security and other taxes | 7,005 | 5,328 |
| --------------------------- | --------------------------- | |
| 20,664 | 13,473 | |
| =========================== | =========================== |
14. Debtors
15. Creditors: amounts falling due within one year
26
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
16. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £33,503 (2024: £30,636).
17. Analysis of charitable funds
Unrestricted funds
| At | Income | Expenditure | Transfers | At | |
|---|---|---|---|---|---|
| 1 October | 30 September | ||||
| 2024 | 2025 | ||||
| £ | £ | £ | £ | £ | |
| General funds | 214,654 | 496,109 | (479,527) | (3,288) | 227,948 |
| Capital fund | 1,572,362 | 2,845 | (27,984) | – | 1,547,223 |
| Designated fund | 67,284 | 2,797 | – | – | 70,081 |
| ----------------------------------------- | -------------------------------- | -------------------------------- | ----------------------- | ----------------------------------------- | |
| 1,854,300 | 501,751 | (507,511) | (3,288) | 1,845,252 | |
| ========================================= | ================================ | ================================ | ======================= | ========================================= | |
| At | Income | Expenditure | Transfers | At | |
| 1 October | 30 September | ||||
| 2023 | 2024 | ||||
| £ | £ | £ | £ | £ | |
| General funds | 190,644 | 470,695 | (444,512) | (2,173) | 214,654 |
| Capital fund | 1,579,163 | – | (31,455) | 24,654 | 1,572,362 |
| Designated fund | 92,042 | 2,741 | – | (27,499) | 67,284 |
| ----------------------------------------- | -------------------------------- | -------------------------------- | --------------------------- | ----------------------------------------- | |
| 1,861,849 ========================================= |
473,436 ================================ |
(475,967) ================================ |
(5,018) =========================== |
1,854,300 ========================================= |
Unrestricted fund are the 'free reserves' after allowing for the restricted and designated funds.
Capital fund is an unrestricted fund which recognises the value of fixed assets held and not therefore freely available to be expended.
Designated fund comprises a 'future fund' which is set aside by the trustees for activities relating to the growth of the church.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Restricted funds include the Pre-School and other funds as described below.
27
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
17. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 October | 30 September | ||||
| 2024 | Income | Expenditure | Transfers | 2025 | |
| £ | £ | £ | £ | £ | |
| Pregnancy counselling | 79 | 8,077 | (11,081) | 3,005 | 80 |
| All Nations Pre-School | 65,557 | 168,564 | (180,495) | – | 53,626 |
| Appeals | 4,718 | 4,597 | (9,072) | (243) | – |
| Christmas in a box | 4,099 | 3,274 | (6,215) | – | 1,158 |
| Compassion | 14,710 | 1,559 | (2,268) | – | 14,001 |
| Malawi widows and | |||||
| orphans | 3,660 | 35,338 | (36,879) | – | 2,119 |
| Education Africa | 4,143 | 9,615 | (9,878) | – | 3,880 |
| Christmas appeal | 3,578 | 15,461 | (19,565) | 526 | – |
| Youth | 200 | – | (200) | – | – |
| Worship | – | 17,762 | (5) | – | 17,757 |
| -------------------------------- | -------------------------------- | -------------------------------- | ----------------------- | --------------------------- | |
| 100,744 | 264,247 | (275,658) | 3,288 | 92,621 | |
| ================================ | ================================ | ================================ | ======================= | =========================== | |
| At | At | ||||
| 1 October | 30 September | ||||
| 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | |
| Pregnancy counselling | – | 4,656 | (9,595) | 5,018 | 79 |
| All Nations Pre-School | 61,173 | 149,135 | (144,751) | – | 65,557 |
| Appeals | 2,268 | 4,727 | (9) | (2,268) | 4,718 |
| Christmas in a box | 1,796 | 4,616 | (2,313) | – | 4,099 |
| Compassion | 15,343 | 306 | (939) | – | 14,710 |
| Malawi widows and | |||||
| orphans | 2,837 | 28,012 | (29,457) | 2,268 | 3,660 |
| Education Africa | 2,507 | 8,756 | (7,120) | – | 4,143 |
| Christmas appeal | – | 17,371 | (13,793) | – | 3,578 |
| Youth | – | 200 | – | – | 200 |
| Worship | – | – | – | – | – |
| --------------------------- | -------------------------------- | -------------------------------- | ----------------------- | -------------------------------- | |
| 85,924 =========================== |
217,779 ================================ |
(207,977) ================================ |
5,018 ======================= |
100,744 ================================ |
28
All Nations Church, Bedford
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2025
18. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,547,223 | – | 1,547,223 |
| Current assets | 318,693 | 92,621 | 411,314 |
| Creditors less than 1 year | (20,664) | – | (20,664) |
| ----------------------------------------- | --------------------------- | ----------------------------------------- | |
| Net assets | 1,845,252 | 92,621 | 1,937,873 |
| ========================================= | =========================== | ========================================= | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,572,362 | – | 1,572,362 |
| Current assets | 295,411 | 100,744 | 396,155 |
| Creditors less than 1 year | (13,473) | – | (13,473) |
| ----------------------------------------- | -------------------------------- | ----------------------------------------- | |
| Net assets | 1,854,300 | 100,744 | 1,955,044 |
| ========================================= | ================================ | ========================================= | |
| Analysis of changes in net debt | |||
| At | |||
| At 1 Oct 2024 | Cash flows | 30 Sep 2025 | |
| £ | £ | £ | |
| Cash at bank and in hand | 383,186 | 15,385 | 398,571 |
| ================================ | =========================== | ================================ |
19. Analysis of changes in net debt
20. Related parties
Trustee donations to the church amounted to £45,009 (2024: £45,680).
29