EBETRUST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Company Registratlon Number 06856916 Charity Number 1129106
EBETRUST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 CONTENTS PAGE Trustees, Report Reference and administrative infomialion 10 Independent Examiner's report to the Trustees 11 Statement of Financial Activities 12 Balance Sheet 13 Notes to the financial statements 14-24
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 The Trustees of EbeTrust who are also Directors of the Charity for the purposes of the Companies Act, present their Annual Report together wilh the independently examined financial statements for the year ended 31 March 2025. OBJECTIVES: The objects of the Church are. for the benefit of the public.. lo advance the Christian faith in accordance with the Stalemenl of Beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees from time lo lime may think fit., lo relieve sickness and financial hardship and to promote and preserve good health by the provision of funds. goods or services of any kind. including through the provision of counselling and support in such parts of the United Kingdom or the wot1d as the Trustees from lime lo time may think fil. The Trustees must use the income and may use the capital of the Church in promoting the Objects. STRUCTURE, GOVERNANCE AND MANAGEMENT EbeTrust is a company limited by guarantee which was registered on 24 March 2009 under company number 06856916. The company was also registered as a charity under number 1129106 on 9 April 2009. It is govemed by its Memorandum and Articles of Associalion. Trustees: The Trustees are responsible for the management and adminislralion of the Church's property and funds in accordance with the Memorandum and the Articles. The minimum number of Trustees is three individuals bul there is no maximum. All Trustees must be Members. All Trustees musl subscribe and adhere lo, in belief and lifestyle, the Slalemenl of Beliets. All future Trustees are lo be appointed by a resolution of the Trustees and an appointment will become effective when the new Trustee completes the necessary Companies House paperwork and thereby consents lo hold office. Trustees and Spiritual Leadership of the Church: The spiritual leadership of the church shall resl with the Spiritual Leadership Team. If there are Trustees who are not members of the Spiritual Leadership then their role shall be confined lo the management and administration of the church in accordance th the provisions of the Memorandum and the Articles and of the general law. The Trustees of the churth shall fulfil their legal duties having due regard to the spiritual direction of the church as sel from time to lime by the Spiritual Leadership acting always in accordan wilh Ihe requirements of the Memorandum and the Artides and Ihe general law. The Irusl considers it best praclice for there to be a regular tumover of Trustees as has been the case.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 New Trustees are chosen both for the particular skills which they bring to the trust and for their understanding of the objects of the charity. Those who have joined the trust since its inception have all been drawn from the large number of suitably skilled andlor qualified persons within the body of supwrters of the church. At the close of 2024-25 there were 11 Trustees, one Truslee having reb'red in April 2024. While seNing, the attention of Trustees. is regulaty drawn. by the Chair of Trustees or the compliance sub-committee. to suitable training opportunities lo ensure their continuing professional development. ACTIVITIES Alpha Course In OctoberlNovember 2024 we ran an evening Apha Course. with up to 9 people attending with a team of 4 facililaling. This included a meal. It was great to see those attending build friendships and journey to explore faith in Jesus, with the majority being under 30 years old. Klntsugl Hope Wèllbelng Courses Kintsugi HoFe Wellbeing Groups are safe and supportive spaces for p80ple from any background lo attend. Our Group Leaders are trained lo run a group to encourage, infom and inspire attendees. They a nol trained therapists. nor experts in treating or diagnosing mental or emotional health illnesses. However. where necessary they can signpost people lo specialist help. We journey together for 12 weeks lo explore how to maintain mental and emotional wellbeing in the midst of our often-messy lives. Subjects include anxiety. depression. shame, anger, disappointment and loss. During the year, we held an in-person daytime Wellbeing Group for 6 weeks starting in October 2024. Overall we had around &8 people attending. The intention was lo run another shorter Wellbeing Group from January 2025 but this sadly had to be postponed. Feedback was good for the course we ran and il was great to see development of community within the group. We partner with local organisations and wider Bristol mental health services and local social prescribing seNices to make sure we signpost people lo wider support. Chlldren's Church Children's Church is a vibrant and caliVe part of church lrfe, providing children up to school year 6 with a Spa to leam Biblical principles and nurtu positive and cooperative relationships. Children are encouraged to express themselves and their learning through discussion, craft, music and physical activity. A team of volunteers from wrthin the church hosts Children's Church on a weekty basis. Children are also en(J)uraged lo get involved in whole church activities and have opportunities to interact with and volunteer alongside adults of all ages in a safe
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 environment. Furthermore, the team is keen to develop community amongst children in the church, informed by the Biblical conp1 of the body of Christ. Safeguarding is paramount to Children's Church activities. Volunteer training is provided and policies and procedures are regulady reviewed to ensure a high standard of care and accountability is maintained. Throughout this year, we have had new children join in with Children's Church as new families have been coming lo Ebenezer Church. In September. the older children will move to the Youth activity as they begin secondary school. Community Transfomiation (including Warni Welcome Spaces) Over the last year, our church building has continued to be the operational centre and offices of North Bristol and South Glos Foodbank, enabling an overfap of relationships between church and the Foodbank, slrenglhening our identity as a 'Community Hub,. Alongside this, we continued to undertake weeklylfortnightly activities in Ihe building le.g. Wellbeing Group, Senior Citizens Group. Community Café. Community Breakfast. After School Hangout, Foodbank Outlet, etc...) under the banner of 'Warm Welcome Space, where local residents have a safe and SUPF)Ortive space lo connect with each other. These have all continued lo grow in numbers. with people connecting arKJ providing very positive feedback. Also, in February 2024 we started a new parent and toddler group, led by our newly appointed Children's and Families Coordinator and a leam of volunteers. This important seNice is already growing in size and providing a space for parentCarers and children under 5 10 connect. We held one-off evening evenls like Speed Quizzes. a Community Pancake Paty and Peace Feast in order lo try and connect with people in the evenings. We have increased the number of relationships with other organisationslagencies with community workers providing drop-in sessions al our Wami Welcome Spaces IE.g. NHS Talking Therapy. Bristol Energy Advice, Work Well. Health Check-ins, etcl. We are finding more ways to signpost people lo extra support through key partnerships that we have in the local community and wider city. Our building continues to be used as a Community Hub for many in-person community meetings, e.g. Horfield and Lockleaze Workers Network Breakfast, Foodbank Cluster Meetings, etc. The Foodbank has also used the space for a vanety of volunteer training sessions. Essentially, the church building provides a space to collaborate and plan together with other organisations and local residents. We have priorilised over this year a journey with local primary schwls with our new Children's and Families Coordinator. This has been through a small team running a variety of assemblies and $0 continuing to build on strong relationships with at least 3 schools. We have been looking at how we create spaces for community cohesion and conversations with different people groups in our local communrties. The Peace Feast has been a helpful space for meals where people from different cultures and faiths can talk and listen to each other. We are looking at ways lo develop this more as Church Sunday Gatherings are groMng more multicultural, as our local community is too.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Our church building in the last year has also een increasingly used for private hires for children's birthday parties and other organisationslcharities for one-off events or courses. This has enabled our relationships to deepen in our local communities as we further utilise our building resources for the benefit of the public. We continue lo promote our citywide partners - 3 Bristol-based charities - North Bristol and South Glos Foodbank, Refugee Welcnme Homes and InHope. We raise their profile in church in different ways throughout the year so the church family own the values of reaching out to the most vulnerable in society. We also encourage the church family to support these organisations in prayer, finance and practicallvolunleer support. Global Partnerships Ebenezer Church has an inlemalional dimension. and supports both short and long term mission involvement, in the UK and overseas. Our Global Partnership Team drives this forward. Locally, we support and encourage church members to gel involved practically with Bristol International Student Centre IBISC) which seeks lo welcome and support foreign students lo the two Bristol Universities. We also support a family, who live in Easton, as they work lo support the practical needs of refugees and asylum seekers in the city. Overseas, we support a family who were members of Ebenezer Church, and are now in the USA, as well as church members who are currently working in Nepal. We have also supported a family as they have retumed to the UK after a number of years in Zambia. The Global Partnership Team coordinate with Ebelwst ffinance sub-group to allocate resources to help meet the short lemi needs of those we support. Messy Church This year, we hosted just one Messy Church event in October and saw several new families joining us for an afternoon of crafts. games, stories and connection. The session was attended by families who consider themselves part of church as well as from the local community, enabling people to make new friends and generally encourage each other in family life. Those who attend are encouraged to develop a spiritual dimension. Occasions are always well allended with a genuine benefit of parents and grandparents engaging directly with their children. We are currently reviewng Ihe future of Messy Church and family orientated events that bring people together. Brlstol Nolse Bristol Noise (Charity Commission no. 1134099) conslitules an independent charitable activity that operates in partnership with and integrates seamlessly into the life of Ebenezer Church. It operates prinpallY in the early Spring of each year, working in the North, East and South of Bristol.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 The final annual Noise event was held on the 2024 May Day bank holiday weekend with over 700 volunteers involved from 50 local churches and groups. This was coordinated by the staff of Bristol Noise supported by Ebenezer Church core team and volunteers, partnering with volunteers from across the city. We also hosted very successful events at the church building including a Senior Cilrzen's Banquet, and a Community Fun Event. Volunteers from the church were also involved in practical projects across Ihe communities of Horfield and Lcckleaze which were refeffed lo us for support. With the end of the annual event gathering Christians around the city. the vision of Noise 365 is developing with different local hubs of community engagement happening across the city. Ebenezer Church continues to be fully behind this vision and resourcing it. We also provide office space for the Bristol Noise staff team. North Brlstol & South Glou¢osteryJhlre Foodbank Foodbank has continued to grow. providing 137,000 meals during 2024. From our Horfield Foodbank Outlet based at our church Community Hub, we served 1891 people11230 adults, 661 children). The Foodbank charity uses office space based in the church building and has built relationships with over 300 frontline care professional organisalions giving Foodbank referrals to people in crisis. They also manage over 270 volunteers in operations across North Bristol and South Gloucestershire. The new Foodbank strategy has been developing and there is often overlap with what we do through some of our local Community Hub activities. Church volunteers continue to be involved on a weekly basis by helping run the weekly Foodbank Outlet on Thursday afternoons, being part of the driving team and serving al other one-off events. There is a healthy ovedap wilh the church staff team and Foodbank staff in working together, sharing a common vision of supporting those in crisis in our communities. Small Groups Small Groups are a key part of church life and a valuable source of support, connection and discipleship. We currently have four Small Groups that happen on a regular basis. Small Groups and pastoral care within church are a high priority for the leadership team and we have been actively looking at ways we can do this drfferenlly, enabling as many people to connect and access support. as possible. We are also looking to create more space in Small Groups with potential new groups starting. Sundayrrhursday Gatherlngs We hold our Sunday Gatherings in our church building on Filton Avenue. We continue lo see new people coming along most weeks who are connecting with us in a variety of ways. We seek to be a church Ihal is welcoming to all people, and we love to see the diversity in our congregation growing. We conlinue lo record our lalks given on a Sunday and share these online, as well as providing some discussion prompts and questions that people can use in different settings to engage with our teaching series.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 We have also started Irialling a Gathering on a Thursday evening with the aim to be accessible to people who may want to connect wth thurch but cannot attend on Sundays. Students & Young Adults As a church we want to be a pla where the large student population in our local area, and at UWE, can connect and be a part of a community. We seek lo provide spaces and opportunities for students & young adults within church to grow, and be challenged in their personal faith, and to live this out in their day-t¢>day lrfe. and in their relationships. We continue lo encourage students and young adults lo integrate into the whole of church life through relationship building and serving in a variety of ways. A key part of our vision as church is to see new leaders raised up in all parts of life. both inside and outside of church. It is great lo have young leaders within the church lake on the leadership of this community. and lo see it growing numerically t¢Jo. Taste Café We continue lo run a thriving weekly Community Café which remains both popular and needful in the local area. Over the winter period, it proved to be a helpful 'Warm Space,, enabling people lo benefit from a heated venue when the cosl-of-living crisis was hard- hitting. Cakes, drinks and lunches are offered at very low prices, makin9 them affordable for all, but especially for those who are struggling financially. The Café has also been a place of company. friendship and developing relationships wonderful mix of people, of all ages, from church and the communities of Horfield, Lockleaze and Filton. Parents have also appreaated the additional play areas for preschool children. Throughout each term. different organisations have attended providing a pop-up advice desk leg Bristol Energy Nehvork, NHS Talking Therapies. etcl which gives local residents a place to connect for enquiring about extra support and advice. Footprints This is our weekly group run for senior citizens in church and the local community. Weekly attendances have averaged between 35 and 45 with the last 3 years seeing a continuous growih in numbers. Whilst new people have joined the group, we have sadly lost others who have passed away in their old age. It has been a privilege to hold funeral services al Ebenezer Church and lo support the family members on their sad loss. Footprints is a place of company and friendship for all, but especially for Ihose who experience the challenges of loneliness and isolation. We do not charge a subscriplion for this group but people voluntarily give donations in appreciation of what the group does for Ihem. A range of entertainment is provided alongside running some religious occasions such as Easter, Christmas. Harvest and Remembrance seices. Our seniors. group has been recommended by local doctors to older people under the banner of'social prescribing. noting that people, whose mental health has been adversely affected by loneliness. have been sent our way for company and support.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Youth Work Last year, we Irialled some new youth activities given the larger group of young people now engaging with our youth programme. The trials were highly successful. so the activity has continued, giving a varied provision: Youth Small Group - this has brought young people together in the comfortable environment of a home for Bible study and a meal logelher. Youth Hangout - an opportunity for young people to play games and enjoy a social lime with each other. Sunday Youth Group a weekly time for our young people dunng the Sunday seiCe at Ebenezer Church. Our young people have been inviting and accompanying their friends on these occasions. They engage well with each other. developing stronger friendships. We leach our young people good values from the Bible. encouraging them lo respect other people and the world in which they live. Contrlbutlon of volunteers It is not possible to quantfy the contribution of volunteers to the activili8s of Ebetrust bul théy are involved in the majority of activities described above. GRANT FUNDING BUILDING IMPROVEMENT PROJECTS During the course of the year we have greatly benefited from local and national government grant funding aimed al ensuring our Community Hub building on Fillon Avenue is resilient for the long term and more energy efficient. Firstly, a granl from Bristol Cty Council's Communty Resilien Fund of £116,500 enabled us lo replace the intemal ceiling in the main hall and all of the flat roof space, both of which Were at risk of imminent failure. Both projects significantly improved the building's insulation. Secondly, a grant from the Voluntary. Community, and Social Enterprise's Energy Efficiency Scheme of £67,043 enabled us to complete a wide variety of energy efficiency improvements, including the installation of low cost lighting. cavity wall insulation, exterior Corkspray wall insulation, solar panels and battery storage. a phase change hol water heater replacing an old gas hol water boiler and upgraded double glazing units. Tho changes made have significanlly contributed to reducing our cart)on footprint and associated energy bills. Public Bonofit The Trustees confirn that they have complied with the duty outlined in the Charities Act 2011, to have paid due regard to the Public Benefit Guidance published by the Charity Commission.
EBETRUST TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW The financial results for the year are set out in the Statement of Financial Aclivilies. For the year ending 31 March 2025 income was £391,311 {2024'. £260,599) an increase of 50'/.. Expenditure on charitable activities over the same period was £363.80212024.' £204,338) an increase of 76 /. from 2024. Nel rrent assets at 31 March 2025 were £210,164 12024- £267,745). Cash at bank and in hand as at 31 March 2025 amounted to £195,605 {2024- £256,022}- The significant increase in both income and expendf(ure is due to the grant funding income received for and spent on building projects undertaken by Ebetrust during the year. details of which are set out in the Grant Funding Building Improvement Projects section above. It should be noted that some of the grant funding income for the building work was received in early 2024 and was therefore included in last year's annual accounts. and this explains why th8 expenditure increased more than the income. RESERVES POLICY The Trustees have established a policy whereby the free resee$ held by the chanty {lolal funds less any funds either designated for a particular purpose or held in the form of fixed assets) should be set at £65,000. This foure lakes into account three months turnover lapprox. £50,000), the ability to respond to an importanuurgenl Global Partnerships or similar requesl1£5,000) and lo be able to protect the church against unforeseen adverse circumstances, for example unexpected infraslruclure ¢osls1£10,0001. At the year-end the free reserves of the charity were £129,89712024'. £130,500). This is in excess of the limit sel by the Iruslees. The Iruslees are committed to setting aside reserves in a Development Fund up to £300.000. lo develop the existing community hub building, to purchase additional property lo enable the expansion of the community hub, and lo fund the initial employment of additional staff to expand the community work. Therefore the Iruslees are comfortable with the current level of free reseThe$. Funds Held as Custodian Trustee Ebetrust acts as a custcMJian Trustee holding cash on behalf of Love Horfield. Love Horfield's objects are to support local people including young people and children to make Horfield a better place to live work study and play. Ebetrust hold the funds within their own bank accounts bul have control measures to account for these funds separately. Refer to note 17 for details of the funds Ceived, payments made and balan$ held on behalf of Love Horfield in the year. Trustee's Responsibilities The Trustees (who are also directors of Ebetrust for the purposes of company lawl are responsible for preparing the Trustees. Report (incorporating the slralegic report and directors, report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (Unrted Kingdom ACpted Accounting Practice}.
EBETRUST TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of Ihe charitable company and of the income and expenditu of the charitable c(Mnpany for Ihal period. In preparing Ihese financial ststements, the Trustees are required to.. • select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP- make judgments and accounting estimates that are reasonable and prudent- slate whether applicable UK Accounts'ng Standards have been followed, subject to any material departures disclosed and explained in the financial slalemenls,. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charitable company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for takin9 reasonable steps for the prevention and detection of fraud and other irregularits'es. Registered office.. Ebenezer Evangelical Church 286 Filton Avenue Horfield Bristol BS7 OBA Signed by order of the Trustees EfuAer Susan Fisher Trustee John Wall Chair Annette Jones Trustee Approved by the Trustees on Nov 03 2025
EBETRUST REFERENCE & ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2025 The directors who served the company during the year and since the year end were as follows.. Tru$tees: John Wall (Chair} Adrian Reed John Payton - resigned 91512025 Derek Powell Andrew Tett- resigned 2310412024 Stewart North lan Powell Fiona Brooks Andy Smith Annette Jones ISe¢retsry) Susan Fisher L88 Haynes Reglstered offlce: Ebenezer Evangelical Church 286 Filton Avenue Horfield Bristol BS7 OBA Independent examlnor: Joshua Kingston BSC, ACA Burton Sweet Limited Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 10
EBETRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EBETRUST YEAR ENDED 31 MARCH 2025 Independent examlnerfs report to the trustees of Ebetrust ('the Company.) I report to the charity trustees on my examination of the accnunts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounls in accordance vAlh the requirements of the Companies Act 2006 {'the 21JJ6 Act'i. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your chartty's accounts as carried out under section 145 of the Charities Act 2011 {Ihe 2011 Acl,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 A¢t. Independent examlner's ststement Since the Company s gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualrfied to undertake the examination because l am a member of the Institute of Charteffjd Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come lo my attention In connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act- or the accounts do not accord with those records.. or the accounts do not comply with the accounting requiremenls of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue 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 methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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. Joshua Kingston BSC, ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR Nov 03 2025 11
EBETRUST STATEMENT OF FINANCIAL ACTMTIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted Total Funds Total Funds Funds Funds 2025 2024 Note Income from: Donations and grants Charitable activities Investments 213.038 23,985 9,222 145.066 358.104 23,985 9.222 231,938 25,511 3,150 Total Income 246,245 145.066 391.311 260,599 Expenditure on: Charitable activities 246,579 117,223 363,802 204,338 Total oxpenditure 246,579 117.223 363.802 204,338 Net Incomel{expendlture) 13341 27.843 27.509 56.261 Transfers between funds 13 75.911 {75.9111 Net movement Sn funds 75,577 48,068 27,509 56,261 Total funds at start of year 13 518,360 39,385 557,745 501,484 Total funds at end of year 13 593,937 585,254 557,745 The Charity has no recognised gains or losses other than the su11$ for the year as set out above. All of the activities of the charity are Classed as continuing. The notes on pages 14 to 24 form part of these financial statements See note 9 for fund-accounting comparative figures 12
EBETRUST BALANCE SHEET AS AT 31 MARCH 2025 Company number: 06856916 2025 2024 Note Fixed assets Tangible assets 10 375.090 375.090 290,000 290,000 Current assets Debtors Cash at bank and in hand 11 20.671 195,605 216.276 32,307 256.022 288,329 Creditors '. amounts falling due within one year 12 {6,1121 120,5841 Net current assets 210,164 267,745 Not assets 585.254 557.745 FUNOS Unreslricled funds Restricted funds 14 14 593.937 (8.6831 518.360 39,385 Total funds 585,254 557,745 For the year ended 31 March 2025 the company was enlided lo exemplion from audit under section 477 of the Companies Act 2006 relating to small companies. Trustees re$ponsibililies'. The members have not Trquired th& company lo obtsin an audit of its accounts for the yèar in question in accordance with section 476. The Iruslees acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of accounts. These accovnls have been prepared in accordance with the provisions applicable to companies subject to the Small companies. regime. Nov 03 2025 These financial statements were approved by the Tnjstees on .................................... .....2025 and are signed on their behalf by.. Efirher S Fisher Trustee J Wall Trustee Annette Jones Trustee The notes on pages 14 10 24 fomi part of these financial statements 13
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 1 Accounting policies Accounting convention The financial statements have been prepared in accordance with the historical cost convention lexcept where olheMise slated in the accounting policy note) and in accordance with the Statement of Recommended Practs'ce.. Accounting and Repotting by Charilies preparing their accounts in accordance with the Financial Reporting Siandard applicable in Ihe UK and Republic of Ireland IFRS 1021 issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. and the ComDanies Act 2006. The charity is a public benefit entity as defined under FRS102. The Trustees consider that there are no materi21 uncertainties affecting the ability of the tharity to continue as a going ncern. Income Income from donations is induded in income when these are receivable, except as follows.. l. When donors specify that donations given to the chanty must be used in future accounting periods, the income is deferred until those periods: 11. When donors impose conditions which have to be fulfilled before the charity becomes enlilled lo use such income, the income is deferred untsl the pre-conditions have been mel. Investment income is included on a receivable basis. Income from Gift Aid Tax refunds is recognised at the time the original donation is received by Ihe charity. Hlre Income Hire income is included in the Slalemenl of Financial Activities when th8 charity becomes entitled to the income and the amount can be quantified with reasonable accuracy. Expgnditurg Expenditure is recognised in the period in which il is incurred. Expenditure includes attributable VAT which cannot be recovered. Charltable Actlvltles Most expenditure is direclly attributable lo charitable activities. Support costs have been allocated 100'/. towards the charitsble activities of the charity- Governance ¢osts include those costs associated with meeting the conslitulional and sLilutory requirements of the charity 8nd include the independent examination fees and costs linked to the strategic management of the charity. They have been included within charitsble expenditure. Grants payable Grants payable are charged lo the Slalemenl of Financial Activities in the accounting period in which allocation of the award is communicated lo the recipient. Debtors Trade and other debtors are recognised at the setuement amount due after any trade discounts offered. 14
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 1 Ac¢ountSng pollcles (contlnued) Cash and cash equivalents Cash al bank and cash in hand includes cash and short temi highly liquid investments with a short maturity of three months or less. Tangiblg fixgd assets Fixed assets are held al cost less accumulated depreciation. Assets costing less than £1,000 are not capilalised. Depreciation is calculated so as lo wrile off the cost of an asset, less its estsmated ultimate residual value, over the Useful lrfe of that asset as follows.. Freehold Property - Oyo per annum slraighl line Equipment 20QA per annum straight line No provision for depreciation has been made for freehold property as il is the view of the Trustees that the eslimaled residual value of each propety is not materially different from the carrying value. The Trustees annually review the carrying value for indication of any impaimienl. In line with guidance in the Charities Statement of Recommended Practice, donated properties have been included in the Balance Sheet at the value lo Ihe charity al the date of the gift. Credltors Creditors and provisions are recognised wheffj the charity has a present obligation from a past event that will probably result in the transfer of funds lo a third paty and the amount due to settle the oblig81ion can be measured or estimated reliably. Creditors and provisions are recognised at their selllement amount after allowing for any discounts due. Fund accounting Unrestricted funds can be used in accordance with the charitable objeclg al the discretion of the trustees. Reslricled funds can only be used for particular reslricled purposes within the object$ of the charity. Reslriclions arise when specified by the donor or when funds are raised for parb'cular reslricled purposes. Further explanation of the nature and purpose of each fvnd is induded in notes of the financial stalemenls. 15
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 2 Income from: Donatlons and grants Unrestrleted Restrlcted Total Funds Funds Funds 2025 Gifts and offerings Regular One-off Gift aid Grants 137,906 38,865 36.267 137.906 38,865 36,267 145,066 145.066 213,038 145,066 358,104 Prior year comparative Unrestricted Restricted Funds Funds Total Funds 2024 Gifts and offerings Regular One-off Gift aid Grants 116.913 30,906 32,300 503 1,000 282 117,913 31,188 32,301 50,536 50.033 180.622 51.316 231,938 Included in the above are donations of £36,410 {2024'. £48,118) received from trustees and other related parties. Included in Grants above are grants received from govemment sources lolalling £136,06012024.' £41,855). 3 Income from: Charltable actlvltl88 Unrestrictod Rostricted Total Fund$ Total Funds Funds Funds 2025 2024 Event income Café sales Other events Hire of premises Other income 3,618 4,397 511 15,155 304 3,618 4,397 511 15,155 304 4,799 4,747 15,775 190 23.985 23,985 25,511 All prior year income was represented by unrestricted funds. 16
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 4 Expenditure on.. Charitable activltles Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 Grants for Christian work (see note 51 Church workers (see note 71 Speakers, expenses and gifts Event expenses Footprints (Seniors) Taste Café Youth events ort costs Rent of Sunday meeting venue Repairs and maintenance Insurance Rates, heat and light Subscriptions and linceS Office costs and ministry expen$e$ Cleaning Telephone and broadband Training and meeting $1$ Governance costs 73,705 128,061 150 1.692 1,383 600 4.339 74.305 132.400 150 3.142 5.029 2,227 1,130 43,503 118,530 600 6,557 4,280 2,967 567 1,450 3,646 2,227 95 1,035 1,070 101,415 287 1.500 1,070 120,605 2,047 7,025 2.590 4.348 2.167 824 1.698 3.045 363.802 19.190 1,760 5,525 2,590 4,096 1.854 824 1.669 3.045 246,579 8,138 2.392 4.970 2.645 3.132 2.280 560 277 2.940 204,338 252 313 29 117,223 Prlor year Unrestrlcted Restricted Total Funds Funds Funds 2024 Grants for Christian work Church workers Speakers. expenses and grfts Event expenses Youth events ort costs Repairs and maintenance Insurance Rates, heat and light Subscriptions and licences Office costs and ministry expenses Cleaning Telephone and broadband Training and meeting costs Miscellaneous Governance costs 43.203 115.380 600 5.205 498 300 3,150 43,503 118,530 600 9.524 567 4,319 69 5.888 2.392 1,970 2,495 2,662 2,118 560 277 2.353 2,940 188,541 2.250 8.138 2.392 4,970 2,645 3,132 2,280 560 277 4,280 2,940 204,338 3,000 150 470 162 1,927 15,797 17
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 5 Analysls of grants 2025 2024 To institutions Bristol Noise North Bristol and South Gloucestershire Foodbank Refugee Welcome Hope InHope Other gifts lo institutions {all less than £1,000) To individuals 288 1.173 1.000 3.900 4.250 63,694 74.305 63 1,965 1,423 1,423 2,088 36,541 43,503 6 Net Incomellexpendlturel for the year This 1$ slated after charging.. 2025 2024 Independent examiner's fee - for independent examination services - for other services 1.260 1.680 94.931 1,170 1,440 91,120 Remuner8tion of trustees 6 Trustees have been reimbursed for their out of pocket training expenses £316 12024.. 7 trustees were reimbursed £3,719). 7 Staff costs and numbern The aggregate payroll costs were.. 2025 2024 Church conlr8Ctors Wages and salaries 123.490 8.910 132,400 118,530 118,530 These costs relate lo 3 self employed individuals (2024.. 3) engaged under service agreements and 1 employee12024'. none). No employee received emolument$ of more than £60.000 {2024.' none). During the year, the key management personnel were S North, D Powell, S Alan, R Varley, E Champion- Howard and E Legg-Bagg, along with the charity's trustees. The totsl benefits paid lo key management personnel during the year were £123,490 (2024..£118,5301. This includes benefits tolalling £47.46612024= £45.560) to D Powell and £47,466 {2024.' £45,560) lo S North, who are trustees of the charity. These payments are peitted by the charity's Memorandum and Articles of Association. 18
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 8 Taxatlon The charity is exempt from corKM)ration tax on its charitable activities. 9 Statement of Financial Activities comparati figur For the year ended 31 March 2024 Unrestricted Restricted Total Funds Funds Funds 2024 Income from.. Donations and grants Charitable activities Investments 180,622 25,511 3,150 51,316 231,938 25,511 3,150 Total Incorng 209.283 51.316 260.599 Expendlture on.. Charitable activities 188,541 15.797 204,338 Total expendltura 188,541 15,797 204,338 Net Incomellexpendlture) 20.742 35.519 56.261 Transfers between funds 195 11951 Net movement In funds 20,937 35,324 56,261 Total funds at start of year 497.423 4.061 501.484 Total funds at end of year 518,360 39,385 557,745 19
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 10 Tanglble flxed assets Freehold Property Equipment Total Cost Al 1 April 2024 Additions 290,000 85,090 11,498 301,498 85,090 Al 31 March 2025 375,090 11,498 386,588 Depreciation Al 1 April 2024 and 31 March 2025 11.498 11,498 Net book value Al 31 March 2025 375,090 375,090 Al 31 March 2024 290,000 290.000 11 Dèbtors 2025 2024 Gift Aid debtor Other debtors 20,671 32.302 20.671 32,307 12 Credltors: amounts falllng due wlthln one year 2025 2024 Accruals and deferred income Other creditors 6,101 2,610 17.974 6,112 20,584 20
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 13 Movement in funds For the year ended 31 March 2025 AtIApr 2024 At 31 Mar 2025 Income Expenditure Transfers Restricted funds Minibus Fund After School Hangout BCCF Welcome Spaces Co-op Local Community Fund Community Resilience Fund Feeding Bristol HS Fund John James Foundation Quartet Calalysl Grant Quartet Warm Space Revenue Grant Harold Stephens Community Fund VCSE Energy Efficiency Scheme 4.061 109 1.083 666 29,125 309 4,061 11091 {1.0831 {1,5251 {86,9391 {3.8891 {1.5801 (5.0001 11221 {3.3021 859 82,409 6.067 1.580 5.000 124.5951 2.487 122 3.910 16081 500 15001 48,651 {13,1741 150,7081 115,2311 39,385 145,066 117,223 75,911 8,683 Unrestrfcted funds General Funds Designated Funds Capital Expenditure Fund Contingency (building workl Audio-visual Staffing fund Ebe birthday fund 420,500 245,781 1237,2051 75,911 504.987 45,000 20.000 2.860 30.000 45,000 20,000 2,860 21,090 (8,9101 14641 464 518,360 246,245 246,579 75,911 593,937 Total funds 557,745 391,311 363,802 585,254 The VCSE Energy Efficiency Fund had an overdrawn balance of £15.231 at the year end. The charity is expecting additional funds to cover this. 21
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 13 Movement in funds Icontinuedl For the year ended 31 March 2024 At1Apr 2023 At 31 Mar 2024 Incomg Expendituro Transfgrs Restricted funds Minibus Fund After School Hangout Event Catering BCCF Welcome Spaces Co-op Local Community Fund Community Resilience Fund Feeding Bristol HS Fund Fillon Park Pre-school John James Foundation Quartet Warm Space Revenue Grant Waitrose Henleaze 4.061 4.061 109 283 1.000 2.500 666 29,125 6,500 11741 18051 {1,4171 11951 1,083 666 29,125 309 (6,1911 262 5,000 5,230 750 12621 (4,8781 (1,3201 17501 15,797 122 3,910 4.061 195 39,385 Unrestricted funds General Funds Designated Funds Capital Expenditure Fund Contingency (building workl Audio-visual Staffing fund 497.423 209.283 1188.5411 197,6651 420,500 45.000 20,000 2,860 30,000 45,000 20,000 2,860 30,000 497,423 209,283 188,541 195 518.360 Total funds 501.484 260.599 204,338 557,745 Restrictgd fvn Minibus Fund- This represents offerings given towards the future purthase of a minibus. After School Hangout- This lund represents donations to be spent on After Schwl Hangout. Event Catering - This fund represents donations to be spent on catering for baptism. BCCF Welcome Spaees This fund represents a Welcome Spaces grant from Bristol Churches City Fund for Community Hub equipment. marketing and subscriptions. 22
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 13 Movement in funds Icontinuedl Co-op Local Communlty Fund - This fund represents Co-op members raising money for community events including food, drink. and overheads. Community Resilience Fund This fund represents a grant from Bristol City Council for Community Hub improvemenls including building work and associated costs. Feeding Bristol HS Fund - This fund represents a granl from the Household Support Fund run by Feeding Bristol for slaffinq, enerqy bills and non Chnslian focused community events. John James Foundation - This fund represents a grant from the John James Foundation for work with Seniors, including for a Christmas party. Quartet Catalyst fund - Grant from Bristol City Council towards enabling the church's work as a Community Hub in Horfield. providing additional activities to connect local Trsidenls and support Iheir wellbeing. Quartet Warm Space This fund represents a grant from Bristol City Council Social Action Small Grants Programme to further develop the building as a Community Hub. Revgnug Grant - This fund represents a grant received from Bristol City Council, supplement lo Community Resilience Fund for surveyors, architects, lost income from Taste Café. Harold St•ph•n$ CommunSty Fund - this fund is lo be spent on Footprints activities Iwork with seniors). VCSE Enérgy Efflclency Schème Funding received lo enable the building lo become more energy- efficient. This fund has an overdrawn balance al the end of Ihe year. but Ihe Charity are expecting additional funds to cover this in the current year. Waltro$o Henlea20 This lund represents a grant from Wailrose for Footprints Christmas Meal. Desl nated funds Capltal Expendlture (bulldlng Improvements) - This fund represents funds set aside towards future capital costs lo be spent on building improvmenls. Contlngency for bullding work - This fund represents funds set aside lo cover future expenditure on building work for the Church. Audlo-vlsual - This fund represents funds set aside under the discretion of trustees for audictrvisual costs. Stafflng fund - This fund represents funds set aside towards expenditure on full term staff salaries that have been agreed. Ebe Blrthday fund - funds were received to be spent on the church's 90th birthday celebrations. 23
EBETRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 14 Analysls of net assets between funds Unrestrieted Designated General Funds Fund5 Restricted Funds As at 31 March 2025 Total Tangible fixed assets Other net assets 375.090 129.897 375,090 210,164 (8.6831 8,683 88.950 88.950 504,987 585,254 Prior year comparative Unrestricted Designated General Funds Funds Restricted Funds As at 31 March 2024 Total Tangible fixed assets Other net assets 290,000 130.500 290,000 267,745 39,385 97.860 39.385 97,860 420,500 557.745 15 Related party transactlons Derek Powell is a Trustee. During the prior year the charity received donations, including gift aid, towards the wider ministry work of Derek Powell lolalling £40012024.. £2,500). This was given as a grant lo Derek Powell in the year in the same way as other gifts received and grants made to Christian workers and ministries. There are no other transactions with trustees or other Trlaled parties other than those disclosed as required by the SORP elsewhere in the financial statements. 16 Company Ilmlted by guarantee The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each. 17 Funds held as a custodlan for others Al the year end, the charity held £581 12024.. £1.1411 of Cash balances under the control of Love Horfield. These balances have been excluded from the balance sheet. In the year funds were reiVed on behalf of Love Horfield totslling £Nil 12024: £nill.Payments made as a custodian tnjstee on behalf of Love Horfield totalled £560 (2024.. £911. Further detsils of the custodian ITustee relationships can be found within the Trustees. Report. 24