THE NEWBURY BIBLE-PATTERN CHURCH - KENNET CHRISTIAN CENTRE
FINANCIAL STATEMENTS
30 JUNE 2025
Charity Number 1129181
E J BUSINESS CONSULTANTS LIMITED
Chartered Accountants 2 Toomers Wharf Newbury Berkshire RG14 1DY
THE NEWBURY BIBLE - PATTERN CHURCH - KENNET CHRISTIAN CENTRE
TRUSTEES ANNUAL REPORT
YEAR ENDED 30 JUNE 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name The Newbury Bible-Pattern Church - aka Kennet Christian Centre
Charity registration number 1129181 Registered office The Kennet Christian Centre 12 Enborne Road Newbury RG14 6AH
THE TRUSTEES
The trustees who served the charity during the period were as follows:
Pastor P Whitehead Pastor Pastor C Whitehead Pastor Mr C Werdal Elder
Accountants
E J Business Consultants Limited Chartered Accountants 2 Toomers Wharf Newbury Berkshire RG14 1DY
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Newbury Bible Pattern Church known as the Kennet Christian Centre is a registered charity (No 1129181) whose governing document is its constitution adopted on the 12[th] March 2009.
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THE NEWBURY BIBLE - PATTERN CHURCH – KENNET CHRISTIAN CENTRE
A. OBJECTIVES AND ACTIVITIES
The objectives of the Newbury Bible Pattern Church also known as The Kennet Christian Centre are:
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To advance Christianity in the Newbury Area and throughout the world as opportunity arises, by sharing the essential truths of the faith set out in the constitution and by practical care in order to help the needy, heal the sick. Mend the broken and bring hope to the hopeless.
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To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
B. ACHIEVEMENTS AND PERFORMANCE
This year saw the church’s activities continuing to grow with new outreaches and community engagement events running at full scope such as Wellness Centre, Food Bank, The Warm Space and Red Coat among others.
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Worship and ministry meetings take place throughout the week in various guises, including prayer meetings, smaller Life Groups, and the main gathering on a Sunday. The online prayer meeting continued. Numbers viewing or attending the Sunday service has continue to see increase above the historic 200 per week, while special services such as the Passover celebration, baptismal services etc attracted much higher numbers. The Sunday services continue to be streamlined online and uploaded to Facebook where we see increasing viewings both nationally and internationally.
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The children’s ministry, Kidzchurch, has remained popular with new family units joining the church; largely new people moving into the Newbury and surrounding areas.
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Rainbow Activity Centre, our pre-school playgroup, runs 3-days a week with greatly increased numbers. Sessions frequently sell out and have a waiting list for spaces.
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During the period, the church continued to reach out to the local community as an active member of CTNA, supporting the Street Pastors, West Berkshire Foodbank, Christians Against Poverty, West Berkshire Homeless and Chaplaincy to Newbury College.
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Outreach to the community has increased significantly through the Red Coat Clothing Exchange and Warm Space community café. The Clothing Exchange is open monthly and regularly serves 70+ families. The community café is open weekly and runs alongside the West Berkshire Food Bank.
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THE NEWBURY BIBLE - PATTERN CHURCH – KENNET CHRISTIAN CENTR
C. FINANCIAL REVIEW
1. Introduction
The Treasurer has compiled these figures from books of account held in the offices of the Kennet Christian Centre, and activities of the church bank accounts held at mainly one financial institutions within the town of Newbury.
The Church carries out the majority of its activities in Newbury, Berkshire from which it receives the bulk of its financial and material support.
Revenue streams relate to the Church’s activities and are derived traditionally from tithes received from the Partners of the Church, free-will offerings received within and without the Church’s activities, rental income received from Church Houses, investment income, and Gift Aid rebates.
2. Incoming Resources
Amounts received (Total Income Received) was £203,113 which reflected an increase of £5,163 (+3%) above the previous year (£197,950) driven by House Rent & Gift Aid; the current year income also included £7,301 Rainbow income. House rental which is part of the Total Income has been stable over the years and helped by consistent occupancy – the two houses owned by the Church have been fairly let over the current year 12 months with an income of £33,070 (£3,370, 11% above previous year) and expenses relating to maintenance and letting costs of £7,295.
3. Resources Expended on Direct Charitable Expenditure
Direct Charitable Expenditure (in the form of regular charitable giving (tithes) and Missionary/Ministry gifts to the local Church Community and abroad was £33,889 (2024 £28,284) which has shown a 20% decrease over the prior year; due care in noting that this figure includes our net support to the Rainbow Activity Centre, which serves families in our local community. Charities supported over the year on a regular basis are CAP Newbury; Coins Trust; World Outreach; International Mission for Jewish People and the Madagascar Children Project.
4. Total Resources Expended
Total expenditures of £216,635 which was £10,851 higher than previous year (£205,784) mainly due to charitable donations and salary inflation.
5. Cash and Liquid Balances
Cash and Liquid balances were reflected slight decrease of 9% due to higher expenditure and consistent incoming resources.
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THE NEWBURY BIBLE - PATTERN CHURCH – KENNET CHRISTIAN CENTRE
D. UPDATES AND DEVELOPMENTS IN THE CHURCH
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Following significant investment made into the church building and fittings during the previous financial year, this period was year of consolidation. Ensuring that all regulatory maintenance was undertaken and minor repairs to a flat roof, heating and hot water systems.
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The church continue to connect and support our communities through a numbers of ministries and outreach arms which include the Wellbeing (Healing) Space, The Warm Space, and Red Coat.
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The church continue to invest in the service facilities with updates to sound and live stream systems.
E. RESPONSIBILITIES OF THE TRUSTEES
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. 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 Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable 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 the charity will continue in operation;
The trustees are responsible for keeping proper accounting records that 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 Charities Act 2011 and applicable Charity (Accounts and Reports) Regulations. The trustees 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.
F. ACCOUNTANTS
E J Business Consultants have been re-appointed as accountants for the ensuing year.
Signed by order of the trustees: Treasurer
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Independent Examiner’s Report to the Trustees of The Newbury Bible - Pattern Church – Kennet Christian Centre
I report on the accounts of the charity for the year ended 30 June 2025, which are set out on pages 7 to 12.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... E J Business Consultants Limited Chartered Accountants 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY
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THE NEWBURY BIBLE-PATTERN CHURCH – KENNET CHRISTIAN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 JUNE 2025
| Total Funds | Total Funds | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Note | £ |
£ | |
| INCOME | |||
| Income from generating funds: | |||
| Voluntary income | 2 | 203,113 | 197,950 |
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||
| TOTAL INCOME | 203,113 | 197,950 | |
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||
| EXPENDITURE | |||
| Costs of generating funds: | |||
| Costs of generating voluntary income | 3 | (216,635) | (205,784) |
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||
| TOTAL EXPENDITURE | (216,635) | (205,784) | |
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||
| NET INCOME FOR THE YEAR | (13,523) | (7,834) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 207,627 | 215,462 | |
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||
| TOTAL FUNDS CARRIED FORWARD | 194,104 | 207,628 | |
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The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 10 to 12 form part of these financial statements
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THE NEWBURY BIBLE-PATTERN CHURCH - KENNET CHRISTIAN CENTRE
INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 30 JUNE 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| INCOME | 203,113 | 197,750 | |
| TOTAL EXPENDITURE | (216,635) | (205,628) | |
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||
| OPERATING PROFIT/(DEFICIT) | (13,523) | (7,834) | |
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||
| DEFICIT FOR THE YEAR | (13,523)═════════ |
(7,834)═════════ |
The Income and Expenditure Account includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 10 to 12 form part of these financial statements
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THE NEWBURY BIBLE-PATTERN CHURCH – KENNET CHRISTIAN CENTRE
BALANCE SHEET
30 JUNE 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 4 | 171,866 | 183,056 |
| CURRENT ASSETS | |||
| Debtors | 5 | - | - |
| Cash at bank and in hand | 23,860 | 26,219 | |
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||
| 23,860 | 26,619 | ||
| CREDITORS: Amounts falling due within one | |||
| year | 6 | (1,622) | (1,648) |
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||
| NET CURRENT ASSETS | 22,238 | 24,571 | |
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||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 194,104 | 207,627 | |
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||
| FUNDS | |||
| Restricted income funds | 7 | 19,572 | 19,572 |
| Unrestricted income funds | 8 | 174,532 | 188,055 |
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||
| TOTAL FUNDS | 194,104 | 207,627 | |
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These financial statements were approved by the Trustees on the 25[th ] March 2026 and are signed on their behalf by:
Pastor P WHITEHEADIN
Mr C. WERDAL
Pastor
Elder
The notes on pages 10 to 12 form part of these financial statements
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THE NEWBURY BIBLE-PATTERN CHURCH – KENNET CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice “Accounting and Reporting by Charities” issued in March 2005 (SORP 2005) and the Charities Act 2011.
Fixed assets
All fixed assets are initially recorded at cost.
2. VOLUNTARY INCOME
| OLUNTARY INCOME | |||
|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | |
| Funds | 2025 | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Church Collections | 21,607 | 21,607 | 19,721 |
| Church Offerings | 119,033 | 119,033 | 106,871 |
| House Rents | 33,070 | 33,070 | 29,701 |
| Rainbow fees, Interest and Other Income | 7,301 | 7,301 | 6,508 |
| Gift Aid Tax Reclaimed | 21,671 | 21,671 | 20,077 |
| Other Income & Sundry Gifts | 431 | 431 | 3,496 |
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|
| 203,113 | 203,113 | 186,374 | |
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|
| Restricted | Total Funds | Total Funds | |
| Funds | 2025 | 2024 | |
| £ | £ | £ | |
| Restricted Fund | - | - | - |
| Building Fund | - | - | 11,756 |
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|
| - | - | - | |
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|
| Total Funds | Total Funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| 203,113 | 197,950 | ||
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THE NEWBURY BIBLE-PATTERN CHURCH – KENNET CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
3. COSTS OF GENERATING FUNDS
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2025 | 2024 | ||
| £ | £ | £ | ||
| Total costs (As detailed on page | 14) | 216,635 | 216,635 | 205,784 |
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4. TANGIBLE FIXED ASSETS
| Brought | Carried | |||
|---|---|---|---|---|
| forward | forward | |||
| 1 Jul 24 | Additions | Disposals | 30 Jun 25 | |
| £ | £ | £ | £ | |
| COST | ||||
| New Hall & Freehold Property | 71,150 | - | - | 71,150 |
| Movable Property & Equipment | 64,742 | - | - | 64,742 |
| Property Improvements | 132,089 | - | - | 132,089 |
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─────── |
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|
| 267,981 | - | - | 267,981 | |
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|
| Brought | Carried | |||
| forward | On | forward | ||
| 1 Jul 24 | Charges | disposals | 30 Jun 25 | |
| £ | £ | £ | £ | |
| DEPRECIATION | ||||
| New Hall & Freehold Property | - | - | - | - |
| Movable Property & Equipment | (37,449) | (2,729) | - | (40,178) |
| Property Improvements | (47,475) | (8,462) | - | (55,937) |
───────── |
─────── |
─────── |
───────── |
|
| (84,924) | (11,191) | - |
(96,115) | |
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| Brought | Carried | |
|---|---|---|
| forward | forward | |
| 1 Jul 24 | 30 Jun 25 | |
| £ | £ | |
| NET BOOK VALUE | ||
| New Hall & Freehold Property | 71,150 | 71,150 |
| Movable Property & Equipment | 27,293 | 24,563 |
| Property Improvements | 84,613 | 76,152 |
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|
| 183,056 | 171,866 |
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THE NEWBURY BIBLE-PATTERN CHURCH - KENNET CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
5. DEBTORS
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Other debtors | - | - | |
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||
| 6. | CREDITORS: Amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Other creditors | 1,622 | 1,648 | |
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7. RESTRICTED INCOME FUNDS
| Transfer of | ||||
|---|---|---|---|---|
| Fund | ||||
| Balance at | Net | (Property | Balance at | |
| 1 | Jul 2024 | Income | Improvement) | 30 Jun 2025 |
| £ | £ | £ | £ | |
| Restricted Fund | - | - | - | - |
| Building Fund | 19,572 | - |
- | 19,572 |
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────────── |
|
| 19,572 | - | - | 19,572 | |
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|
| UNRESTRICTED INCOME FUNDS | ||||
| Balance at | Net | Transfer of | Balance at | |
| 1 Jul 2024 | Income | Fund | 30 Jun 2025 | |
| £ | £ | £ | £ | |
| General Funds | 188,055 | (13,523) | 174,532 | |
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8. UNRESTRICTED INCOME FUNDS
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Other net | ||
|---|---|---|
| assets | Total | |
| £ | £ | |
| Restricted Income Funds: | ||
| Restricted Fund | 19,572 | 19,572 |
| Unrestricted Income Funds | 174,532 | 188,055 |
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|
| Total Funds | 194,104 | 207,627 |
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THE NEWBURY BIBLE-PATTERN CHURCH – KENNET CHRISTIAN CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30 JUNE 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME | ||
| VOLUNTARY INCOME | ||
| Church Collections | 21,607 | 19,721 |
| Church Offerings | 119,033 | 106,871 |
| House Rents | 33,070 | 29,701 |
| Rainbow fees, Interest and Other Income | 7,301 | 6,508 |
| Building Fund | - | 11,576 |
| Gift Aid tax reclaimed | 21,671 | 20,077 |
| Other Income & Sundry Gifts | 431 | 3,496 |
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|
| TOTAL INCOME | 203,113 | 197,950 |
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|
| EXPENDITURE | ||
| COSTS OF GENERATING VOLUNTARY | ||
| INCOME | ||
| Ministers pension fund | 13,884 | 13,128 |
| Rainbow costs | 1,321 | 1,647 |
| Wages | 123,866 | 119,347 |
| Tithes given away | 2,820 | 2,595 |
| Gifts - general & Other | 12,715 | 8,208 |
| Utility costs - water church buildings | 213 | 1,212 |
| Utility costs – gas and electricity | 6,045 | 3,652 |
| Telephone | 660 | 1,287 |
| Security | 162 | 126 |
| Cleaning | 808 | 526 |
| Repairs & maintenance church | 7,892 | 10,582 |
| Repairs & maintenance - let properties | 3,948 | 1,041 |
| General expenses & supplies | 9,380 | 7,992 |
| Printing, stationery & adverts | 1,451 | 2,555 |
| IT | 7,285 | 7,659 |
| Personnel Costs | 3,115 | 1,252 |
| Insurance | 3,071 | 3,545 |
| Dues & subscriptions | 325 | 524 |
| Bank charges | 401 | 335 |
| Property management fees | 3,347 | 3,267 |
| Depreciation | 11,191 | 12,434 |
| Accountancy fees | 2,734 | 2,700 |
| Professional fees | - | 171 |
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|
| TOTAL EXPENDITURE | 216,635 | 205,785 |
| £ | £ | |
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|
| NET INCOME/ (DEFICIT) FOR THE YEAR | (13,523) | (7,835) |
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