ABOVE BAR CHURCH (Company number 06959469) REPORTSANDAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Above Bar Church Legal and Admlnlstratfve Information Trustees Karen Dicklcompanysecretaryl Ashleyjames (Treasurer) Joanne J8mes Phillp Thwalte8 Chris Hughes Martin Baker Trevor Pickup Elders Jonathan Berry Chriswebb Callom Harkrader- Perm8n8nt post started 1"July 2024 Nick Berryman Martln Baker Trevor Pickup Chris Smith rim Henstock-Term ended 31st October 2024 PaulAilcock-Term ended 31•1 M8y2024 David TroUope-Term started 1" November 2024 Dan Jeremy-Term started 1" November2024 Olanrewaju Aklnyegun - Term stsrted 1" November 2024 Secretary Karen Dick Charity Number 1131075 Company Number 06959469 PrlnclpalAddress 69 Above Bar Street Registerod Offlce 69 Above Bar Str88t Southampton Hampshir8 S014 7FE Southampton Hampshire S0147FE Audltor Bankers Knight Goodhe8d Llmlted 7 Bournemouth Road National Westminster Bank PIC Ch8ndler8 Ford 105 High Str88t Winchester. HaM￿hIre S023 9AW Eastleigh. Hants S053 30A Trustee8' Report Forthe year ended 31 March 2025 The Trustee8 present thelr annual report end fln8ncial Statements for the year ended 31 March 2025. The flnanc1818t8t8ment8 h8ve been prep8red In 8ccord8nce wlth the accountlng pollcle8 get out In note 1 to the Ilnanc1818tatementS 8nd comply wlth the church'8 Memor8ndum and Artlcle8 of A$soclatlon, the Companleg Act 2006 and Accountlng and Reportlng by Charltles: St8tem6nt of Recommended Practice appllcable to charities prep8rlng thalr a¢¢ounts In accord8nce wlth the Flnanclal Reportlng standard appllcab18 In the UK and Republlc of Ireland IFRS 1021 lettectlve I January 20191. Objectlves and 8Ctlvltleg The oblectlves ofthe church 88 88t out In the Memorandum and Artlcles ofAssocl8tlon are: 1. to adv8nce th8 Chrlst18n falth In accordance wlth the Statement of Bellets and Vlslon In such W8y8 and in parts ofthe Unlted iangdom ortheworld as theTrustee$ from time totlme maythlnk 2. to relleve 81ckne88 8ndfSn8nclal h8rd8hlp 8nd to promoteand preserve good health and gener81 welibelng by the PTovlslon of fund8, goods or servlces of any kind, Includlngthrough the provlslon ofcoun8elllng 8nd supporting 8uch parts ofthe Unltad Klngdom orthe world 88 theTru$te88 from tlm8 to tlme maythlnk flt: 3. toadvanceeducatlon In suchways and In such part8 oftheunlted Klngdom orthe woridasthe Trusteeg from time to tim8 may think flt. The Tru8t888 have paid due regard to public beneflt guldance Issued by the Charlty Commlsslon In decldlng vA)at actlvitles the church should undertake. The church endeavouredwlth God'8 help and guldance, to meetthe oblectlves outlined above In the foUowingway8: Athianclng the Chrlstlan falth We continued to meet to worship weeklyon Sunday8 In three con8ragations a¢ro88 two $lte$, Clty Centre 8nd East {In Harefieldl. On each occaslon the Christian falth Is advanced by procialmlng and teachlng the good news about Jesus, slnging God's praises. prayers and testimonies. Our Sunday morning setvl¢e 8t Clty Is Ilve streamed and people engage onune from Southampton, and from different parts ofthe UKand other countries. ALlthree congreg8tions are diverse includinga wid8 range ofages, b8ckgrounds and natlonalities. At our City and East morning services we 8dvancetl the Christian faith by usually teaching children and youth in thelr own groups, although on occasions we Joined together for All Age Wor8hip. In addition,there werevarious midweekgroups for chlldren andyouth ￿lch advanced the faith in more low-key ways, through building rèiationshlps and 8Ctivitles. inciudlng for those who didn't attend regularly on Sundays. We continued to attract a significant number ot refugees and asylum seekers and are continuing to help those who were baptised to dev81op in th8ir faith. Regular Bible studies took place each week for internationals, includlng 8 weekly'Glob81 Gathering'for all nationalities. Aside from Sunday services, there were regular opportunities throughoutthe year for the faith to be advanced by means of mid-week meetings, held mainly at our City site. Our weekly Connect group advanced the faith and facilltated soclal Interaction among the over 55.$. A large number of groups met in people's homes during the week, for Bible study, prayer and mutual encouragement. Rellevlng slckness and Ilnanclal hardshlp and promotlng and preservlng good health and wellbeing Members of our pastoral care teams regularly provided support, prayer and encouragement for those who were sick and visited people in hospital. in care homes or in their own homes. Aslde Irom this, 811 church m¢mber$ 8re encouraged to see this as a shared responsibility. Throughout the year there were countless occasions where people in the church gav8 sacrificiaLlywith others in need. sharlng their tlme. practlc81 skllls and resources. Our Sunday services continue to dr8w in a number with s5gnlflcant financial, h88lth 8nd othèr needs. Includingsomewho are homeiess.Anumberofourmembers offeredfood. hotdrinks and conversation to people tho mitht otherwise be completely isolated. We continued to host 8 weekly Southampton City Mission'Basics Bank, at our City site, albeit this was interruptsd for while due to unavoidable building issu6s. But vthen operating, Baslcs Bank provided free food, clothingand baby equipmentto people in need. 'The Big Dlfference. food redi8trlbution charlty Is now a separ8t¢ entity. But we continued to m8intsin good links and support this vital ministry, which works with 95 community groups, charities and 8chooLs in Southampton to help struggung families and the vulnerable who face food insecurity. We 8lso continu8d to host the weekly 'Big Breakfast. on Thursday momings. which provided a cooked brealrfast, alongwith advice. practlcal support and communityto those who are homeless or in need. Anywhere between 60 and 90 have attended each week. We continue to provide 8dvlce and, where possible, practical and financialassi8t8nce to refugees and asylum-seekers. This was don8 in close co-ordin*ion wlth CLEAR {Clty Llfe Education and Action for Refugees) to ensure we acted responsibly and in line with all relevant legislation. We continue to provlde: a number of asylum-seekers with leave to remaln {and therefore needlng to leave government provid8d accommodation) were helped to find houslng, with grants made to 8s$i$t with rental deposits and other Living costs. We contlnued to run a Debtcentreftom the church in conjunction with ChristiansAgalnst Poverty (CAP) whose vision Is Transformed b'ves. Thiiving churches. An end to UK poverty.. The centre averaged around two new referrals a morrth 8nd continued to offer ongoing support to a number of clients who are stiu workin8 toward8 thelr debt 80818. Athianclng educatlon The Bible was taught regularly In maryy and v8rious contexts throughout the year. A large portlon of our Sunday services were taken up educatlng people about the Christ18n lalth and how to be faithful disclples of the Loid Jesus. We advanced education more widely too, for ￿aMple by provlding ￿￿eklY English Language Classes 8t our Clty Slte. educatlng Internatlonais whose first 18nguage is not Engknsh. Our Connect group also advanced education among over 55's by invitlng outslde 8peaker8 to 3peak and teach on practlc81 Issu88 such as retirement plannlng and h8arlng Is8ue8. In the E8St of the Clty we contlnued to develop good reLatlonshlps with Woodlands Communlty College. A couple of our 8t8ff have gone In r8gularty each week to serve 88 volunteer readers, to 88sl8t pupli8 developtheirreeding skilLs. Thls has been greatly appreciated bythe 8chool8nd h88 led to new opportunltles to work together with them in 8dv8n¢ing edu¢8tlon, including particlpatlon In a numbgr of RE classes and plans for a school visit to our City slte. A number of Woodlands staff attended and participated in a carol servlce held at the school In the njn up to Chrlstmas. S8dty. there were Insufficlent numbers signed up to run the Fornation School In 2024125. However, the church leaders remaln fuuy commltted to Investlng In Formatlon SchooL and It Is planned to run 8 further ye8r In 25126. Flnanclal R•vlaw The flgures on pages 11 and 30 of the ftnanclal statement8 $umm8rfse the Income end expendlture for the year and the prewous year. The church recorded 8 Surplus in the year of £222.594 on unrestrlcted funds before transfers {2024 deficlt wa8 £120,342 belore tr8n8fersl. At the end of the year, the church held total furbds of £2,992,743 (2024: É2,792,253), of whlch £436.011 represents restrlctad fund8 (2024: È458.1151. Reserves It is the pollcy of the church that free reserves whlch have not been design8t8d for 8 Specific purpose should ba maintalned 818 l8v81 equr48lent to at least 3 months. regular expendlture. Based on the 202&￿2025 expenditure ol unrestricted funds this amounts to 8pproxlm8tety £218,000. The Trustees consider that resenos at this level ensure that. in th8 event of 8 signlflcant drop In lundlng they WIU be able to contlnue the church's current activities while con8lder8tlon is given to ways in whlch additional funds may be raised. Such levèls have been malntslned throughO￿the year. Unre8trtcted funds at 31 March 2025. excluding r￿ed assets, amounted to £1,016,900. Investment Poucy The majority of monles are Invested into deposit accounts with a recognised institution. National Westmlnster Bank. Above Bar Church seeks to obtsin the highest possible returns Consistent with a cautious attitude to risks and short-term availability of monies. Fundralslng Above 88r Church does not employ the 8ervices of a professlonal fundraiser. No complaints relatingto fundr818lng have been ￿ceIVed durlng the year. Rl8k Managemont The Trust888 have examined thatmaSoroperatlon81 rSsks which the church faces 8nd confirm that 8y8tems have been established to enablè reguL8r reports to be produced 80 that the nece&8ary steps h8ve been taken to lessen those rlsks. Plans for future perfods In addltion to continulng to run and support èst8blished programmes to delwei the objectlves In 8¢¢ord8nce with the Statement of Bellefs and vision the following 8pe¢lfic 8re88 have been selected for particular focus In 202>26. 1. To relnvigorate the prayer Ufe of the church. 2. To equip. tr8in and releas8 elders to shepherd theflock 3. To review and develop 8 new World Mlsslon Str8te8y 4. To clarlfy the vision for how One Church on Two Sites works for Above Bar East 8nd City. 5. Revlew leadershlp and declslon-making functions and proce8988. 6. Equip and train future leaders and preacher8. Structure, governance and management Th8 church is a company limited by guarantee reglstered In England and Wales incorporated on the 11 July 2009. registration number 06959469. The church is also on the registsr of charities with the Charitycommission in England and Wales, registration number 1131075. Th8 Trustees who 8re 8Lso the dlrectors for the purpose of company law, and who servod durlng the year and up to the d8te of slgnature of th8 financial statements were: AshleyJame8 K8r6n Dlck Chris Hugh&s Phll Thwaltes JoJ8mes Trevor Plckup Martln Baker The church operate8 on a day to day b8sls through the leadershlp of the pald elder8 and 8UPPOrt offlce and pastoral stsff. These 8re accountable to the Trustees who have the fiscal and legal oversight. Truste88 meet on 8 regular b881s. A range of peopl8 serv8 In a mlnlstry le8der8hlp capacity. The church is grateful for th8 contrlbution of many unpaid volunteers. Every church member Is IlabLe to contrlbute up to a m8ximum of £1 In the event of the church beingwound up. Audltor KnSght Goodhead Llmlted were proposed as 8uditor to the ¢omp8ny and 8 re8olutlon passed 8t the OrdlnaryMember8 meeting In November2024. Dlscloguro of Inlomigtlon to audltor Each of the Trustees has conflrm8d that thera Is no inform8tlon of whlch they are aware which18 relev8nt to the audlt, but of whlch the audltor is unaware. They have further conflrmed that they h8V8 taken approprlate staps to Identify Such relevant Information and to establish that the 8udltor18 8W8re of formatlon. The Trustees. rep wasa proved by e Board of Tru8tee8 Trustee............... Date i*(￿[￿ Statement of Trustees, R05ponsiblUtles The trustees, who are also directors Above Baf Church for the purposes of company law, are responsible for preparing the Twstees. Report and the financial ststements in accordance with appllcable law and United ￿ngdoM kcounting Stsndards. including Financial Reporting Standard 102: The Financial Reporting Stsndard applicable in the UK and Republic of lleland (United Kingdom GeneraLty Accepted Accountlng Prnctice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fairview ofthe state ot affairs of the church and of the income and expenditure. of the church for that period. In preparingthese financial ststements. the trustees are required to: select suitable accounting policies and then apptythem consistently, observe the methods and principles in the Charities SORP: make judgments and accounting estimates that are reasonable and prudent; stste whether appbcable UK Accounting Stsndards have been followed. subject to any materialdepartures disclosed and explained inthe financialstatements. and prepare the financial statements on the goinE concem basis unless it is inappropriate to presume that the church viill continue in operation. The tru*ees are re8ponsible for maintaining proper accounting records which disclo￿ with reasonable accuracy at any time the financi81 posilion of the church and enable them to ensure thatthe financlalstatements complywith the Companies Act 2006. Theyare atso responslble for safeguarding the assets of the church and hence for taking ￿aSonable steps for the preventlon and detection of fraud and other irregularities. INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) We have audlted the flnan¢lal staternents of Above Bar Church for the year ended 31 March 2025, whlch comprlst thÈ Statèmènt of Flnanclal Artlvltles, Balance SheeL Cash ftow Statement arKI the related notes. The financlal reportlnB frdrnework that has been applied In thelr preparatloTh Is appllcable law and Unlted Klngdorn Arcountlng Standards Includln8 FInar￿la1 Re¥KJrtrne 5tsndard 102: The Flnanclal Rep)rtln8 Standard appllcabte to the UK and Republtc of Ireland Iunlted Kln8dom Generdlty Ac¢epted Accountlng Prdttitel. In ouroplnlon, the financlal statements: givè a true and falr vlew of the state of the chorltable compon*5 affalr5 as at 31 Wrch 2025, and of Its income and expendltUTe for the year ended; have been properly prepared in accordan￿ vAth UTrlte(l Klngdom GeneraltyAccepted Accounung Pra¢tice,' and have been prepared In accordance wlth the requlrements ofthe Companles Act 2006. Ba$15 of oplnlon We condurted our audlt irt a¢cordan¢e wth IAtematlonal Standards Auditln8 IUKI IISAS IUKII and appylcable law. Our re5ponsibiliiies under those standards are further des¢rlbed In the Aullltorfs resporbsibilltlts for thè autht of the fftnanclal statements sertlon of our report. We a￿ Independent of the charftsble company In accordante wlth the èthical r4uiremertts that are relewdnt to our audlt of the flnanclal staternents In the UK. Includlng the FRC'S Ethlcal Standard, and we have fulftlled our other ethlcal responslbllltles In accordance wlth these requirements. We belleve that the audit evldence we have obtslned Ss 5ufficlent and appropriate to provlde a basls forouroplnlon. Conduslons relatln8 to 8olrrf concern In audltlng the flnandal statements, we have concluded that the trustees, use of the 8oln8 concern basls of accountlng In the preparaUon of the fjnanclal ststernentsls approprfate. Based on the work we have perforrned. we have not Identlfted any materfal uncertalntles felatln8 to events or condltlon5 tha¢ tndividually or collectlvely* may cast $18nlficant doubt OTh the charltsble companws ablllty to contlnue a5 a 8olng wncem for perfod of at least 12 rnonths from whèn thè financial statements arè authorised forissue. Our responslbllltles and the responslbllltles of the trustees ¥Ath respect to Boln8 concern are descrlbed In the relevant settions of thls repo Other Inforniatlon The trnsteès are responslble for the other Inforniatlon. The other Inlorniatlon compr15es the Inforrnatlon Included In the annual port other than the flnanclal ststÈmÈnts aftd our audbtorfs rèport thÈréots. Our oplnlon on the ftnanclal statements does not cover the other Infomiation and. except to the extent otheTh￿se explici￿¥ thted In our report, we do not express any form of assurnnce conclusion thereo In connection wlth our audlt of the ftnanclal ststement5. our re5ponslblllty Is to ￿ad the other Inforrnation and, irt doing so, consider whether the other InfoTmotlon Is materially lnconslstent wlth the flnancial statements or our knowledge obtalned In the audlt or otherwlse appear5 to be materlalty mlsstated. If we Identlfy surh rnatsrfal Incon$lstencles or app3￿rtt materlal m15ststements, we are required to determlne whether there Is a rnaterlal mlsstatement In the flnanclal statements or a materlal m155tstement of the other Infomatlon. If, based on the work we have performed, we conclude that there 15 a materlal misstatement of thls other Informatlon, weaie requlred to report that fact. We have nothinÈ to report in thls ￿￿ord. INDEPENDENf AUDITORS, REPORTTO THE MEMBERS OF ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) Oplnlons on otherm•tt•ts pr8x￿tsed byth• Comp•nl•sA¢t 21106 In ouropinlon. based on the work undertaken kn the course of the audlt the Inforrnatlon 8lven in trusttts, rem for the fkwnthl yforwhkh thefinanthl 5tatefftents ire prepared Is cort￿stent with the fftnanclal statements.. and the trustee< report has been wepared In accordance wlth ap￿1(able legal requlr•nents. M•tt*r5 on ¥Jhkh w• ar• Mport by•xt•ptloh We have nothln8 to report In reSFert of tlR folo*lng rnJtter5 In relallon to whlch the Com￿nIeS Act 2006 the Charltbes (Aryounts and Aeportsl Relulatlofts 3XA reqth us to rnport to W. In ¢xwOnloh: dequate Kcountln8 hwe hat been kept or retuwns adequits lor ow audlt ha¥t not been recelved from branchès notVi￿ted by us; the fi￿￿¢131 ststements are not In aBreeft￿t wbth the acc￿1￿ records ind ￿t￿n5. certaln dlsdosure5 oftrustees, remuneTrtton spedfied lry kiw are not made. we have not T￿e1ved all the lrtfOm￿t￿￿ and Èxplana¥onswe requ1￿ forthe purposes ofouraudlt; the trustees Il*Te ftot entttted to prepart the fi￿1￿141 statrments In aCCo￿anCe wlth the smèll companle5 Te8lrne artd take advanta8e of the 5rnall companles exernptlon In prepJdn8 the Trustee< Afin￿l Rewt ¥nd t¥ke advants8e of tho Small cornpartles eXemp1k￿ from the requlrementto prev￿ è strdteqk re Respon•thlll¢les of th• Irust As explalned more fdfy In the trustees. resP￿st￿lI1t1eS statemenL Set on yge 16, the trumees Jre re5ponslble for the preparatlon of the nnandal slatement5 and f¢x beln¥ 5atb5fied thot they 8lve i true and falr vlew, and for such Internal control a$ Ihey detem)Ine Is nffessary to enable the preparatjon ol flnanclal ststements that are free from materf)l rnlsstatemen¢ whether due to frnud iY•rror. In preporln8 the finandal ststemertts. the trustees •fe fesPM51￿e f4r assessln8 the tharttsble (tyn￿n￿5 a￿lIty to contlnu¢ as 801n8 c¢)ncem. dlKlosln& as a￿l¢able. mattefs related to 8oln8 COM￿fi artd usln8 the 8oln8 ctsncem bJ51s of ¥ccountln8 unl•ss trusteeselther Intend to I￿uld11e ￿ chafbtabie t￿￿￿nY0r tocease operauons. orhm no re•listl¢ ￿ternIt1¥? but to do so. Our rtspoMlbllWes lor the owdlt of th• Iln•nd•l rt•tsrn•nts We have been appolnted as Judltor wKlor cryTh￿nI¢S kt Xk)6 •rnl rewt In •ccordance vAth the Act and relevant wU￿tIonS made or havln8 èffect thereundef. Our oblecttves are to obtsin reasonable assurnnce about Mthether the ftnanclal sratements as a wholè are free from materlll mlsstatemenL whether to frnud or erny. and to IssLk an audltorfs report that Indudes our oplnlon. Reasonable assurance Is a hl8h level ol assuTrnce, but15 not a 8uarantee that an a￿11t conthjcted In accordarv wlth LS4s IUKI wlll •lways detect a matertjl mlmtstement whert It exlsts. Mlsstatements arlse frml fra￿1 or error and Ire consklered miterlal If, IndMdu•lty or In the awe8Ote. they cothd reasonably be experted tt> Influence the ecorKrfnk dedsbjns of users tsken on the ￿51S of these finanthl 51atements. IrR8ularfles, Indudlng fra(Nl. are Insmftces of nryKoMplIan￿ wlth laws and ￿OUlat￿S. We del8n proceduos In nne vAth ow responslbllltles. ¢>Jtllned above, to detert rnatertal m15ststements In respect of Irre8ularitles, Indudln8 fraud. The extent to whkh our pTocedures are capableof deteCy￿ lffoularitiel Indthfrdwl ts detslled belowr. Th• en8a8ement partn•r ensured that the erea8ement tearn coloctfvely had the appropdate competenc4. capabllltles and $kllls to Identlfy ¢*r re¢o8nlse non KNIGHTGOODHEAD UMITeo, stltutory Audl¢or pnd Chartered Ac¢ountants 7 Bournemouth Road, Chandlerfs Ford, Eastlelgh, Hampshlre, S053 30A Knl8ht Goodhead ilmlted Is ell8lble to act as an audltor In terms of sectlon 1212 of the Companles Act 2CQ6. 10 ABOVE BAR CHURCH (Company limited by guarantee and not havin8 a share capltall srATEMENf OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2025 Ilncluding Income and Expenditure Account) Restrlrt funds Unrestrfrt•d funds TOTAL 2025 TOTAL 2024 Notes INCOME OoAatlons Jnd leBa¢les Chadtsble artlvltles In¥estment In￿me 78.637 1,044.466 11,552 41,932 1.123,103 11.552 45,941 1,317,896 14,824 49,041 TOTAL INCOME 81646 1,097,950 1,180,596 1,381,761 EXPENDITURE General rn1Th15try Natlonallintefnatlonal Mlsslons Lotal rnlsslons Incltsdln8 sodal actlon Formatlon School Chlldren, Youth and Students 7.954 15.389 J.997 481,478 88,453 87,588 22,863 194.974 489.432 103,842 168,58S 22,863 194,974 475.407 123.341 743,SS3 23,624 276.59S Total chadtstsle expendltufe 104.340 875.3S6 979.696 1.642,520 Aefosh bulldln8 expfjndlture 410 410 569 TOTAL ￿(pENDITURE 104,750 875,3S6 980,106 L643,089 Aevaluatlon of Investments 150.000 NET INCOMEIIEXPENDITUREI FOR YEAR 122,1041 221594 IOOA90 Trnnsfers between lunds NET MOVEMENT IN FUNOS IZ2,1041 212.594 ZOOA90 1111,3281 Fund balancesat l Awll 2024 458.115 2,334,138 2,792,253 903,581 FUND BALANCES AT 31 MARCH 2025 436,011 1556.732 992,743 2.792.253 The St¥ternent of Flnantlal AttIvI￿eS Includes all 8alns and losses reco8nlsed In the year. All Incomln8 resovrces and resources expended derlve from ¢Mtlnuln8 actlvltles. ABOVE BAR CHURCH (Company Ilmited by guarantee and not havln8 a share capital) Compan¥ reglstratlon number 06959469 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes FIXED AssErs Tan8lble assets io 1,595.870 1.612.006 OJRRENT ASSErs Current asset Investrnents Stock Oebtors Cash at bank and In hand io li S￿,000 40,922 280,287 288,969 1.210.178 12 279.345 I.IS7,$34 IA43,823 CREOITOR5'. arnounts falllfig due wlthln one year 13 146.9501 129,9311 N￿cuRRENT ASSEfs 1.396,873 1,180,247 TOTALASSEfs LESS CURRENT LIABILITIES 2,992,743 1792,253 ASSErs 16 1992,743 2.792.253 FUNDS Restrlcted funds un￿trttted funds- Genernl Unrestrltted funds. Oe518nated 14 15 15 436,011 768,258 1,78&474 4S8,115 517.996 1.816.142 rorAL FUNDS 2.g92,743 2,792.253 Thè attourtts havè been prepaied In atta￿ance wlth the speclal provislorts relatlfftg to srnall Companles wlthin Part 15 of the Comparries Act 2(￿6. Approved by the councll of mana8ementon and s18ned on Its behalf by .1tD12 12 ABOVE BAR CHURCH (Company limited by guarantee and not having a share capltall CASHFLOW sfATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note$ CASH FLOW PROVEDED BY OPERAMNG AcfiviTIES 234,922 (S3&25￿) CASH FLOWS FROM INVEsnNG AcnviTIES Inte￿$t received 20,294 112.2981 25.647 10.357 Axed assetaddlttons Rental incomè 38,684 Sale of Investment property NEfcisH FLOW 868.565 1489.2491 Change In cash and cash equlvalents In the ￿e￿0d 868.S65 1489.2491 Cath and cash equlvalents at start of the perfod 288.969 778,218 Cash and cash equivalents at the end of the perlod 1,157.534 288.969 13 ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONauAnON OF NETEXPENCqTURE TO NEf CASH FLOW FROM OPERATING AcnwTES Net Incomellexpensel for theyear Interest received 2W.4 IIIL3281 110.3Sn 138,6841 27.4 121L264} 135.082} 19.0351 120.2941 125.647) 28.434 Rentsl intome Depreciati Ilncre35el/detrÈase In debtors IncreaseAdetreasel In credJttVS Ilnueaselldecwsè In str*k Revaluation of In¥t5t￿lt property 942 17.019 33378 Net cash flow from ¢)pÈIa￿n$ acilvltles 234,922 1538.29)1 ANALYSIS OF CASH ANOCASH EQUIVALENTS Cash at bankand in hand 1.157534 288.969 14 ABOVE BAR CHURCH (Company limlted byguarantee and not having a share capital) NOTES TO THE Accoupifs FOR THE YEAR ENDED 31 MARCH 2025 ACC¢JUNTING POUaES a) Basls of accountlng The hnandal statements have been Pr￿Ved In act£*tsno ¥Ath Accourrtlrtg Jnd Repy¥n8 by Owritles.. statement of Rrfornmended Pwartke Jppllcalde to charmles preparln8 thek acCo￿ts In %cordante wlth the FRS 102 leffectlve January 20191 and the Cornpanle5 Act 2(Kfj. The ch￿ty meets the dennltlon of the publk benefft entlty under FRS 102. A55ets and Ilab11th5 are Inltlalty re¢ogn15ed at hlstodcal cost or transattlon valLE unless otherwlse ststed In tt* relevant a¢¢¢wtyng pc4l¢y note. Under FRS 102 the valU￿oN of the l)ulklln8at l Aprfl 201515 Trtarded as t￿deerned COSL The a¢¢rnmts have been p￿pa￿ on the 80in8 (on(em ba*. At the tin7e rfappr(Nin8the finarKo1 staternents. the trustees have a reasonable exgectstion that the church has adequate re%burces to operaknal e￿n￿ for the fO￿$ee¥ble I￿vre. The￿ are no matukl wKertalntles a&￿tthe tharivs ablmtytocontkn￿. b) 1ftc￿e All In¢ome Is Induded In the Statemert of Flnartthl ACt￿lI1e$ when the chafftable cornpany Is le8ally entitled to It after any performance conditions have been rneL the aff￿unts can be measured relLiblyand Itls probable that Income wlll bE recelved. The folkwln8 speclfic polldes a￿aPplIed to parUcukrote8orfe5 of Incorne: Cash donatlons are recognlsed on recelpL Other donakn a￿ reco￿1$ed On￿ the thurch ha5 been Dotlfted of the don?￿on. Un￿$5 Perf0rrna￿ mndlkns requlre deferyal of the amounL Inc￿ne tsx recobErable In relatlon to donatlons underBIft ald ordeeds of tovenant Is reco￿ls¢d at thè time ofthe donation. LeBades are recoenised on recdpt Or￿heTh￿Se Ifthe thwch has been mtified of an impendin8 distrlbution. the amount Is known ar￿ the receipt ts expeaed. Ifthe arnwrt15 notkn￿￿. the le8aryls t￿ted as a ¢￿￿n￿ent a55et Income from tharitaWe acbv6tles IndLths Income from the sale of 8oods and Js part of the charttst4e artivbtles of the tharity. 11￿me from ￿ sale of 8oods Is wised when the slgnlflcènt rfsks and rewards of ommershlp are transferred to the bwltr. Income fr￿n thesupptyof5wvkes Is ￿ t*fjth the ddl¥ery ofthat servke. Grants are recognised on receip¢ unless p￿an￿(ondItkns requlre deterral ofthe amounL Thè value of donated gcods ts reco8nlsed wfjthln donatfjons when receW. tArfth an equivalent amount reco8nlsed as chaAtable expeThJlture. after3dlL￿tIngfOr the valueof sto ¢1 Expertdlbjre Expendlture Is re¢ogn55ed In the perlLThI In whlth It Is Incurrtd arKI alhcated to the partraAar cost centre to whlch they relate. ExpendIlu￿ Ir￿ude5 Ir￿0verableVAT. Olrectcosts attrlixrtit4e toa Ingle a￿l¥lty31¢ allocated dlrecity tothatacbvity. Shared costs Ilndudln8 supp)rt costs) whkh cLM)irltrth to m¢)re than one acthity are apportloned between those activit￿s. Methods of apporttonment Indudetlme and usage. 15 ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNnNG POUOES Ic(yLtln￿Il dl Tan8lble Ilxed assets Tan8lble Axed 35sets are Inttlalfy I￿$y￿ at fQ5t and rneaswed at cost or trdluatlon. net d depredatlon and any Impalmient losse Tangible fixed assets t1￿11r￿ rmre than £1.￿￿1 are captsllsed and Induded atCOSL The thurth elerted to ￿ FRS 102 trdnsitional prtyNon contslned In sectton 35.10 c of FRS 102 rneanin8 that the freehold land and Iwlkllngs a￿ shown at deemed ¢tsst based on a profess￿71 valuatlon Ur￿ertaken on the dats oftransitin11 Pwll 2015). Lartd and b￿ldIng$ Is a commerdal property ¢)¥er41100ts TAltth h¢A￿sthe thwth and assodated offices. The churth Imdldlng IÈXd￿ofi8 landl Is dep(edated the remainlng temis of the lèasè a stra￿ht IlnÈ baslL The 150 year lease was8ranted In 1981. Oeprecraiion Is p￿ded (ffl Itlhth the excepts￿ of landl to spread the cost the estlmated useful Ilves of the relevant assets atthe f01b￿n8 rates: 8ulldlrw Church rnanse FixtLEres. fIt￿￿ and equirAnent Stralghtllnt o¥ertt* te￿ ofthe lease Notdewedated 25%straight tine The galn or b5$ arlsln8 ryb the disposal of an èsset is detemiir*d as the thfferen￿ t*￿en the sales pr￿ed$ and the cHrryln8 value of the asseL as is reco￿$￿ th the starementof Ilnanckl athitses. el Current asset In￿¢[T￿nIs Current asset In¥estwts a￿ held atfakvah*. Stocks Stock of l>xks Is hekl at C05L The comparauve fl8ure for stock of d￿￿ted food and 8oods fixdistribution wasestomated. based upon theTrussellTrust Ilndusiry 5tandardl recommendatlon of Ikg of donated gL￿d5 belng equk¥alent to £U7. Donatlons In klnd of food and Bood5 away lthn in Note 7 as"BIB Difference Ofts In klnd'l are based on records keo bv The 818 DIffe￿(e team durJn8 the year. ¥3lwl u5in8theTrwellTrusimethc41 as atThe. The ctNnpara￿* ngure (C￿ Glfts In Klnd Incorr*, shown In Note 3. represents f￿d and goods donated Into the church for The Bl8 Diffe￿nCe. Thls fieure Is derJveLI from dCmat1￿ls ou¢ a￿v$￿d for nThIem￿ts on open5nEand dO￿TrIstOck 16 ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNfiNG POLiaES Icontlnuedl gl Cash and cash equlvalents Cash and cash equlvalents Include cash In hand, deposlts held at call wlth banks, other short temi Ilquld Imiestrnents wlth orl8lnal maturltles of three monthsor less, and bank overdrnfts. Bankoverdrafts areshown wlthln borrowfjn8s in current Ilabllltles. h) Financlal Instruments The church has elerted to apply the provisions of Settl￿ li '8aslc Finantial Instrurnents, of FRS 102 to all of its finantial Instruments. Flnanclal Instfuments are recognlsed In the church's balance sheetwhen the church becomes partyto thecontiactual prov151ons of the Instrument. i) Employee beftefits Whèrè rnaterial, the cost of any unused hollday entltlement Is reu)gnlsed In the perlod In whlch the employee's Se￿￿5 were recelved. jl Leases Rentals pald under operatlng leases are char8ed to the Statement of Flnanclal Actlvltles on a stralght-llne basls over the lèase term. kl Penslon contributions The charftsble company partyclpates In a defined contrIb￿(On penslon scheme. Contributions are charged to the Statement of Flnanclal Actlvltle5 for the year In whlth theyare payable to the scheme. l) Fund accountlnE Funds held bythe cha￿table company are either: Unrestrfcted general funds Fund5 whlch can be used In accordance wlth the charftable objects at the dlscretlon of thè trustees. Desi8fftated funds FLmds set aslde at the discretion of the tnJ5tees for specific fvture purp05e5. The purposesand uses ofthe deslgnated funds are Set out In the note5 to the accounts. Funds that are sublect to spedftc condltlon5 by donor5 a5 to how they rnay be used. The purposes and usesofthe resmcted funds are set out In the notes to thè attourtts. Restrlcted fvnds LEGAL ￿ATUs OFTHE CHARITY The tharltable company was Incorporated on 11 July 2CI)9 In En8land and Wales and was reglstèred on 12 August with the Charlty Commisslon In En8lartd and Wale& The charity Is a public ￿nttfit entlty. The reglstèred offlce ofthe Charity Is Above Bar Church, 69AbJ¥e B?rStreeL Southampton, S014 7FE. The charltsble cornpany Is Ilmlted by 8uarnntee and has no share Ca￿tal. The Ilablllty of each rnernber In the event of wlndln8-UP 15 Ilmlted to £1. 17 ABOVE BAR CHURCH {Company limited by guarantee and not having a share capital) NOTES TO THE AccouKfs FOR THE YEAR ENDED 31 MARCH 2025 DONAMONS AND LEGAaE5 2025 Donatlons and alfts Le8ade5 rKdval￿e 74637 &31.716 211750 910.353 212.750 1.301,471 16.425 TOTALDONATIIXISAND LEGAaES 78,637 1,044,466 1,123,103 1,317,896 DONAnONS AND GIFrs Restrfcted UTrre5tr1ded fund5 TOTAL Z025 Re8￿Hr offerings and donations Speclal designated and appeals ndry donatlons Gfft aid re￿1Vable Glfts In kind 39.258 26.777 8.167 4,435 687￿2 641,830 23,342 3392 14L282 11,559 145.717 115.324 513,069 TOTAL DONAnONSANO laFrs 78.637 831,716 910.353 1,301,471 CHAR ￿A8L£ AcnviTES TOTAL Formatlon Schwl Ywth znd Student income 8ooK fairtr3de and audlo sales 3.146 3.146 3.722 4fi84 4.260 7361 11552 11552 14,824 INVESTMENTS TOTAL fur 2025 2024 Rental irtcome lrtterèst recet¥ab 21.638 25￿47 20,294 10.357 TOTAL INVESTMENT INCOIAE 41,932 45.941 49.041 18 ABOVE BAR CHURCH {Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 AFF COSTS Z025 2024 Salarfes and wages S￿131 5ecurlty Costs Penslon contdt#JVon5 4W517 31.295 440.934 30.199 499.779 .602 Induded In the 2024 stsff Costs ale £30.142 of 818 ￿ffVence stafflnK e¥pendItu￿ shown In the"818 Dlfference expendlture. Ilne of Note 7. The church operaies a defined contrltrrtrthjn penslon scheme ft>r all q￿lifyIn4 empkyffes. The assets of the stherne are held 5eparntely from those of the thurth In an Independentty adminlstered fund. At the end of the year there were outstandl penslon contributlons payable of £8.34412024: £3.778). The totsl penslon cost char8ed to the stateffont of flnanclal acltlvttles In theyearwas £30.M12024.. £30.1991. No ern￿0ve¢s receivÈd *nolumÈnts ÉYceedln8£60AOJ dLwln8 thls orthè prioryear. Key fftanag￿nent [￿Onn￿ ￿(el￿1 total rernunerntkffi d£134.12012024: £116321). The avern8e numberof employee5 durlns yearwI5 asfollows: 2025 Number NumbEr Church rnlnisters and workers Adrnlnstsat￿e 5UPP¢rt 16 18 19 ABOVE BAR CHURCH (Company Iimlted by guarantee and not havlr*g a share capltall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 fvIARCH 2025 CHARITABLE EXPENDMJRE GenerBI Natlonav Lotal mbsl¢x mlntrtry Intematlonal In¢￿d[mI M1$51on sodal irtl¢>n F¢Wma￿aft ChIld￿ty¥0￿th xhool and students Yotsl 2025 Total 2024 COAS dlredyall¢xatedto athl￿4$ siaff costs siaff, translorm workers, expenses and tralnlthg Formatlorb school costs and bursarte5 Chlldren. youth and students Local m1551ons IndudlngC4P 8ook5 and audlo costs Catedn61 glg Breakl35t onneffl expenses 018 Differen￿ expendiwre Lo¥e 5ovthampto Sub5UtPllon and affi[1atr￿ lees Conorts and ewts EastVenUeand￿tecb$ts Pastoral mthtstry3ndtraknln8 Outshlespeakers Trave11kn8 ei8 Diffe¥ence8lftsin kthd TebbuttTrustleKdl fees TebbuttTrust- MayfiLwersrentrl coms CongJltancy 5hareof supportcostslsee note81 Sha￿0f80¥efflan￿ costs lsee Aote 81 fjrantfvndln8 of acti￿leS (see note91 214,6S8 10,166 15,303 22,840 5,693 71670 33LI64 10.166 12.254 12.298 323.014 10.733 13.145 11415 &939 8.717 8.772 454 122.200 11.674 6,593 12.254 11298 15,389 7,254 IL768 262 39,867 7.927 262 3,841 39￿67 &146 236 21615 3,lY 744 &146 236 24.610 3,154 744 1817 L673 322 19.101 2,666 L437 4.663 501,251 420 1633 1887 %068 5.SC41 355.632 L796 96 84P14 49,214 2,603 23,113 4,669 246 104.175 5,509 431509 37.351 111026 10.354 107.127 *189.432 103.842 22.863 194.974 979.696 L642,520 Analy515 byfund.. Unrertrtcted fund5 Restrkted ftmd5 481.478 7,954 489.432 87.58B 80.997 168.585 21863 194.974 875.356 104,340 979.695 96&453 676,067 1,642.520 15.389 103.842 21863 194.974 ABOVE BAR CHURCH (Company limlted by Euarantee and not havlng a share capEtall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 General Natlonav Loral rn1551on5 M￿￿$￿ Internatlonal Includlng Mlsston ￿t￿lactIOn Fofmatloft ChildreNyouth hool and $tud•nts Trtal COMPARATIVE CHARITABLE EXPENDITURE- 2024 Costs dlredyallocated t03CtfvIYe5 5>ff costs Staff, translorm workers expen5e5 and IrathlnK Formation sthoolcosts and bursaries thlldrw. vr￿th aftdmudents L￿31 missl¢Jn$lndudlnKCAP Btthand audloc05ts Caterfngl Blg Bre3k*a5t Connect eipensts Blg Dlflerence expffidlture Love Southarnpton Subscriptlon and affillalon fees Cworts and events Eastvenue and sltecosts Pastoral minlstryand tralnlng Jtslde speake Travelllng eig DIffe￿N￿gIfts lnklr TebbuttTrust le8al fees Share of support costslsee note 81 Share of io%*rnance costs Isee note81 GrèntfuntllnE of acU¥ibes (see note91 196,$34 18,691 5.347 ),076 10,733 323,014 10.733 13.145 11415 8339 717 8.772 454 122,2LJ) 11.674 6,593 440 11145 12,415 &939 8.717 8.559 454 213 122.2C#) 11.674 6,593 .101 19,101 1666 1.437 4.663 504,251 420 433509 37,351 111,026 1,437 504JS1 420 212.203 2B3 1,821 157 55,142 4.751 14,017 4,725 159,618 13.753 475,407 123341 743.553 23,624 276,595 1,642,520 21 ABOVE BAR CHURCH (Company Ilmlted by guarantee and not havin8 a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 SUPPORTCOSTS Support G¢)vemknct Total 2025 Toral 2024 Staff c05t5 Dep￿la110n Offi￿emp&nS8$ Telephone and lfiternet Computercosts Mayfiowerrunnlni costs Cleanlng U8ht he•t¥nd watef Insur4n¢e General repalrs and malntanance Church webslte •nd communI￿tIOnS Sundrychurth ex￿nseS Audlt fels Accountancy Lwland profess10￿1 nk charges 149,438 28A34 7.519 6,$52 10,246 3P59 34,916 23,631 6,269 75P66 I￿17 9A75 149h38 28,434 7519 6￿52 10.246 3J159 34,916 23.631 6269 75.066 1.027 9,475 146,623 27.4 8,214 5.831 10.175 4,304 33,407 33,095 S,437 150,297 394 ,272 5,340 4,620 25,856 1.535 S,040 4,620 208 2,9tlO 2,940 355,632 18,808 374,440 470,860 Included wlthln audlt and itcountancv above ar• amounts due w the •udltors IA ralatton to the 8udlt of £5.04012024: E5,3101 •nd £4,62012024: £4,620) for otherwork. ABOVE BAR CHURCH (Company Ilmlted by guarantee and not havln8 a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 GPANTS PAYABLE Natlonal Lot•1 mlmlon Internotlon¥l Includln8 Mlulon sKlal Ktlon Totsl 2025 Total 2014 Grnnts to Ins￿lutIOns.. Donatlon5 to rn155bnary or8an154tlon3 Desl8naW offerlny re: SPEdal apppats ii,M 6020 17,926 ILIOS 29,933 4L039 24,515 23,463 47,978 23,113 23,113 Regulai church support io mlsslon partners 66m8 66M8 84,014 23.113 107.127 112,026 Glfts over £LOOO per Instllullon ère as lollows.. 2025 2014 3.600 Friend5 Inlem•tlonbl UCCF Open Owrs Esptrdnza Vha S•fe Famllles Southampton Clty M155ton The 8lg Dlfference CRY B•slu Bank Clear Hope Now Mlrade Street FIEC S,087 4.359 S.087 4,359 4,359 11,657 6,525 6,920 4,402 4.634 ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 io TANGIBLE FIXED ASSETS Flxtur tlulny and •qulpm•nt Land •nd Bulldln45 Totsl At WnDln8Otv￿r Addltlons L655.947 210,168 12.298 222A66 1,866.115 12.298 I￿78.413 At end olyear 1,655,947 DEPRECIATION At beglnnlngof ye•r Chor8e fortheyear Ofi dlsp)sals At end of year 103,193 11922 150.916 IS,S12 254,109 28,434 116.115 166,428 282543 NET800K VALVE At eftd dyeor At be8lnnln6 ofyeaf 1,539,832 56M38 1,595.870 1,552,754 59.252 I,612￿06 The IreeholJ1ond and bulldln8s b91on8ln8 to the church wwe rwalued ty Marle Newman Bsc IHonsl MRU of Vall Wllllam$ It the dote of iran$ltlon to FRS 102 11 Aprll 201SI. The church elected to use thls valuatlon as the deemed cost of them propertles on the llsltlonal date In accordance ￿1h the ¢r•nsltlon•l prty5slon ¢ontsSrtqd In 5ertlon 35.10 Icl ol FRS 102. Durln8the y￿r the property 3 Thè Mayll¢)w•rs lacgulrod durtn8 2￿5106> held as a ￿rrent Inve5trnent Wa5 sold. It was owned IJ foll¢)ws.' Ats￿ Bar Chufch Iyn•ral fund) The Kathiflne RoseTebtwttTrust 4Z.IIX 57.7 li STOCK 2025 2014 Food and donated 8¢ods lor dlstrlt￿tl0n Goods ￿ resale18ts)kstalll 34.386 6,536 24 ABOVE BAR CHURCH (Company limited by guarantee and not having 3 Share capital} NOTES TO THE ACCOUKtS FOR THE YEAR ENDED 31 MARCH 2025 12 OEBTOPS XJ25 2024 T¢ade debtois Otherdebtoffs Plepayrnents and acaued SrKoffle 10.384 Z45, 24.594 280.287 255.536 19.204 279,345 Induded wlthln other dei*ws1s£20,Cb)) J WebbEr. h15 res￿110￿ asa ttwth fflln15ter In 2020. t￿ ￿Pay￿ble onthe of 88 We5ea Road. Southampton. $015 %1% orby￿ty 2025. I￿￿(he¥￿I5 eadler. induded *ithin other dtbtots Is £213.750 loar*d to J e*ry. mlnlster. dUrt￿ thè prhK y to enablÈ IMM to wrthast a prO￿rtY. Th15 amount Is Interest f￿e?[MI b th￿t0 be repakl In ￿￿￿ethan t￿year. CREDITORS: alT￿nts faI￿8d￿ wlthin oneytar 10.464 3.778 15,689 29.931 Othercreditors Aruua15 and defwred Income 15,568 46,950 14 REsrncfED FUNDS Balanceat IAprll 2024 Batsnce at hKome Ewthire Transfer 31 Marth 2025 539 355A 37￿3 ILIE The Katherine RoseTebbmTnM fvNI Math l￿rnaf￿nd Ref￿h Bulldlngfwrfl ntstryTr3inlr¥SthemÈ IMTSI East Cmttrrdch Ble ereakfartcentral Love S(xrtharnpton Big Differen Childrens Work Speclal ap￿ fund 110,3451 I￿￿89) 14111 a49,554 31,162 14,987 8,718 4.238 247 9350 39.743 145451 145.3671 IOAOS 137 5.761 14.250 29211 14,250 4.578 2.652 (24,1331 14.SS31 15001 451115 1104.7501 43fi011 ABOVE BAR CHURCH {Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 RESTAicfEO FUNDSl¢ontltyJedl Thls lund £￿￿$ts of bwsarle5 recthd for Fowmathn Sdthl arKI rekted sthod t*xts. Thts fvnd rdate5 to a from the Estste 0f￿th￿1rt Rose Tebtrxrtt IdLiC￿ed), left pmperty to the thurth The hlsrLYlc Value of thls fvnd repr*$￿ts ￿ 57.79%1nrues¢ In the sokl In the y4•r. relateto rental Income ind costs. A fvnd w swe•d l￿draMatIC ryesenMkn)ofP+tsth's GNpd fore¥¥4•llrtkpwpos•5 In th• UK and around tr* wortd. ¢fresh8ulldlng/und Thts fund ￿p￿ents don•tlons speclftcaltyO¥ento Imprty•and relufblsh p•rts oftho tsJlldlr4¥rA expondlture w th15 th. A fund to support mlnlstrytr•lneesllntem Th1$ Is ¥ amni from tl* GF MacW Ch•rfUtAe In￿t *thl¢h 5Uwknte5 thii the fv￿ts ¢￿V b• on Bl8 8re•kf•st Centrnl mlNstry. Ths lund Is used to Work￿ tho S￿￿5￿0n. Inlththe • brn•d r•ry oldwrctr*s In Swth•rnpM. Thls fijnd 1$ us•d for 4 food fedb5trt￿)Tr prr4ett SU￿nI the c(Thrnunlty of S¢¥Jthimptm The Dlff•fenc• des*nated lund was tr•n5ferred to thls restrkied fvnd In 2022.23. Th• opènlng baknct ¢)n the Bb8 Dlfference fvnd cornpr15qd Lrf Ixjth stock of donated loads and cash, whlth was tr•Nlwred to The Bfji IXlfwenc• 00 * thesrortofthls ye•r. Hdreft¥ W￿* Funds Blven forthe •dvarK•mortofthethifdren'sfflkndstrylGSVAI. Th15 represents srnaller spedal appeals throu￿ y. 5wh ￿ It EMtyf. H•r¥est ¥nd Chrtsimas, for varfous ch•rltl•s ar￿ Includlni fvndln8for mrse•s mlsssonal Ir]￿ and br￿udeS the cm5poNUw akl d•tr For8rantsto reluyosapprwed Iwthe Refu84es ABOVE BAR CHURCH {Company limited by guardntee and rK>t having a share capital} NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 UNAESfRICTED FLINDS Al 31 March 20 ndj Connectlund 8ook5tall fund Roof fund Speclal appe•h fvrtd le8acy fur*J. mlsshjns partnws Propertyc¥￿trI MlnSMertal lo•n Blq ereakfasl Totsl de4Bnated furnls 12621 140421 16.5101 16.3481 12,3561 IIU221 3.247 14A04 4.747 6510 19597 1.5517S4 213.750 17.241 L539I32 213,7S0 470 5,242 4701 132.9101 lJl&142 1,788A74 Gantrnl funds To￿1 unre5trlLmdfunds 517.996 2.334.138 I￿1.7{ Im7.950 18414461 1875.3561 768.258 2.5S6,732 repTrsents the nw)nbes ffjtstln8 tot￿ o¥erSlYs ￿pIC￿¥￿tIeS. Thls fepresenu the bookstsl xtl¥ll*& Rooifv Monle5 Weretr•ns1￿ tothbsfund In 2022.23 touwer costs ty4er¥ 3 year pethxl. Thls rewesents srnlller sped•l appeals the )*ir. suth as at E•s¢er. HaNe# •nd Chtstw for v•rtws tharltles •Thl Indudl￿fUnthfi8 MIS￿ltrIpS and lthe5 •hld•lrn. Thls re*Jlts liorn • Iw ROS￿￿ry Mud {d•c•aMdl. haw 01 wldth has been d#*ted ts) bertefft mlsslon prtrwrs emergency needs. The proFortycapftal fvrKI rewuents ne¢ 1X#)k￿￿e d la￿1 and IwJlldln85. Thls (und f•weson¢s the amounts I￿r￿d toj Bvry13ee rwme 12k fund fepie5ents costs forihe w(Mkof ￿ Bwkl•st ABOVE BAR CHURCH {Company limited by guarantee and not having a share capltall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 16 AALYSISOF NET ASSETS BÉTWEEN FUNDS Restvlcted Unrts￿¢ted nds TOTAL 2025 Yeof ended31 March 202S Tan8lt4•flxed ass•ts Current a55ets Current Ilabtlltles L595.870 1,ts)7,812 146,9501 2,556,732 1,595.870 IA43,823 146,9SOI 2,992,743 436AIII 436￿31 Restrkted Unrestrtrted ndi fvnds TOTAL 2024 Yeoreoded31 Pdarch 2024 Tan84ble fixed assets Current assets Current Ilabllllles 1.612,fJ 752,063 129,9311 2.334,138 1,612.¢X6 1,210,178 129,9311 2,792,253 458,115 458,115 17 OPÉRATINfj LEASE COMMITMENTS The company has commltments under oper*lng I￿se$whI￿ fall dua as follows: 2025 2024 thln one year After more than one ye•r 4,464 11,160 IS,624 4,464 15,624 20,988 18 RELATED PARTY TRANSACTIONS Two tru5toes were relmbursed lor expenses for • total of £512 durlng the year12024: £104 to on8 trpjsteel. The relJtlv•s of on• irustee were p•ld a toial of £3,2fj012024: £1,887) forswvlces prthlded to the ¢harlty. The total amouni ol domtlons rqcel¥ed wllhout cur￿ltIonS from the trustees ind persons connected to them amounted to £54.2f4) 12024.. £72,594). Durln8the PTloi year. the church provlded an Interest I￿e loan of £213,7SO to J Berry. MI￿Stert0 enable hlm io purchase a property due to the churth manse belTr8 Inapproprlate. The INn Is repayable In full In 14 years and Is included ￿thin debt0￿. No repayments wer• rn￿e durfn8 the year. Our1￿ the year. the thurch 501d th¢ church manse to K Dlci a try5tee, for £600.CThl. The Sale as a whole Ilncluthn6 the value) was a8reed vrith the Chafity Comrnlss10 Ashl￿ James. in￿e8. Is alw a tN%tae of The 818 Dlfference, who became lftdependent from Al￿e Baf Church on l Aprll 2024. The charltytransferrtd assets totallln8 £45367 to The 818 Dlfferenceduiln8 the £urrentyear. followlngthe re815tratlon of the new rharKy. All the tntstees of thÈ dllrlty, are also trnstees of The Katherlne Aosè Tebt￿tt TNst. The t0￿er thurch manse that wa5 501d In 2024, w¥$ partlallyowned byThe Katherlne Rose Tebbutt TntsL ABOVE BAR CHURCH (Company limited by guarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARQI 2025 19 PRM)R YEAR STATEMENT OF FINANaALAcfMTIES TOTAL fvnds INCOME Donatlofis afid le8acl&% Chariiable attmties In¥e>trnent Incorne $07JOS 730,491 14A24 37,481 L317 14124 49M41 TOTAL IKOME 1.38L761 EXPENDITURE Gener•1 mlrAstry Naiknn•VlnternatJon￿ Mlssbxs Local mlsslons 1nd￿l￿50d•I iL420 19.615 6x125 463,987 103,726 105,428 23.124 270,188 475,407 123,341 743,553 23,624 276,595 Chlldreth, y￿th •xl st￿ftts 6A17 T￿•1 th•dt¥bleexpendlturq 676￿? 961453 I￿41520 Ralrnsh bJlldlrqe¢p•r•Jture TofAL EXPENfffiiRE 616.636 453 643,089 63,315 N￿llIComEI[[XpÈN0MjftÉl FOR YEAR 1114J2 Tnnslers betw*en funds NEf MOVEMU￿ IN FUNOS IUD,3421 Fund b•lMces •t I W ￿23 449.101 2,4S4,480 19)3.581 FUND WANCES AT31hi4ft012024 458AIS L334.138 1792.Z53 The Ststemwt of Anandal Aclmts Ind￿ all ealffs *)d losses(•co￿1sÈd In the par. ABOVE BAR CHURCH (Company limited by Suarantee and not having a share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 20 PRIOR YEAR FUND MOVEMENTS RESTRicfED FUNOS Balance at I April 2023 alance at Trartsfets RthTaluatlon 31 March 2024 l•Kome Expendlture Formatlon School Bursarle5thJnd Thè Katherlne RoseT*b￿jttTr￿stfUnd Mark Drnma fund Refresh 8ulldlnBfund Step TraIne￿rainIng fvnd 818 ?￿akfastCentrJI Love Souihampton 818 Dlfferen Conne 851 260,3 46,$20 6,816 (sc￿) 117111 119,61SI 15691 16.4071 539 3S5,890 37.833 ii,IfA) IL560 10,928 4,913 6,000 84685 2L624 103,818 111,6741 1626.4SII 18,7091 9.950 39,743 561376 449,101 598,965 1676,6361 86,685 458,115 UNRE5fRicfED FUNDS At 31 Maych IAprfl iozj Transferof Re¥olurflon nds Inwme ExpendSture Coftned fvnd eeokstall R&)f fund Speelal appeals fund Legacy lund- mbslons partners Propertycapltal Mlnlsterlal loan Total de5*nated fvnds 3,876 13,661 48,595 7.536 30,097 63 7,153 14551 16,IlSI 132.0851 129,1811 110,5001 1119161 1.S65,670 213.750 19L2521 L768A20 ii.crfoi iio,co)I 13.699 6,510 27,993 19,597 LS52,754 213.750 L816.142 103.765 35,21 General lund5 Totsl unrestrkted funds 2,350,715 2,454A80 747,587 781796 I8￿,201) 11,768,420) 1966,4S31 63,315 63,315 517.996 2,334,138