Annual Report and Financial Statements for the Year Ended 31 August 2025
Kingdom Faith Church London
Charity registration number: 1131257
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
KINGDOM FAITH CHURCH LONDON
CONTENTS
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
KINGDOM FAITH CHURCH LONDON
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Jonathan Croft Simon Coles Paul Karslake Nathan Bell
Charity Registration 1131257 Number Principal Office Foundry Lane Horsham West Sussex RH13 5PX Independent Examiner K Gomes FCIE Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG Bankers HSBC 46 The Broadway Ealing London W5 5JR
Page 1
KINGDOM FAITH CHURCH LONDON
TRUSTEES' REPORT
The Trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2025.
Structure, governance and management
Nature of governing document
Kingdom Faith Church London is a registered charity, number 1131257, and is constituted under a Trust deed.
Organisational structure
The governing body of Kingdom Faith Church London is the Trustees who are legally responsible for the governance and management of the Trust, working in close consultation with the Elders of Kingdom Faith Church London.
The Trustees are responsible for setting strategies and policies and for ensuring that these are implemented.
Authority to conduct the day-to-day operations of Kingdom Faith Church London is delegated by the Trustees to the leaders of Kingdom Faith Church London. The Elders are responsible for the implementation of policies and strategies on behalf of the Trustees.
Risk management
The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Objectives and activities
Objects and aims
The principal object of the Trust is the advancement of the Christian Faith.
Objectives, strategies and activities
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Ministry to people in need
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Supporting people engaged in mission activities both overseas and in the United
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Kingdom
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Teaching the truths of the Christian faith and encouraging people to greater wholeness
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in their own lives
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Increased focus on London communities and out-reach in several areas
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Ministry to people in need of both emotional and physical healing
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Ministry to children
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Extended times of prayer and worship
Public benefit
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
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KINGDOM FAITH CHURCH LONDON
TRUSTEES' REPORT (CONTINUED)
Achievements and performance
Review of activities
The Church has been through an interesting year during 2024/2025. The Church has continued to support the community, endeavouring to looking out for each other and those within the communities that the church members represent
Kingdom Faith has streamed all the services, as we have a regular number of regular online attendees from several parts of the world. Australia, Romania, Israel, Spain and India to name a few countries that join us on a regular basis. Those attending in person has remained at a similar number throughout the year. We are constantly challenged with central London events and another being public transport disruptions that occur frequently over weekends.
We continue to host small groups across London as we believe this is crucial in keeping people connected. These are in the South East, Canada Water, Central London, North London and South West London. Alongside the small groups, we also have continued to place everyone in a prayer triplets or prayer quads and this has proved a great way for people to feel part of the wider community.
Our Encounter nights have continued once a month in Mary Sumner House.
As a community, we have had times of prayer and fasting and we have continued to use the online platforms to facilitate these times together.
As a church family we have once again gone away for a few days, joining in with thousands of other Christians at the Big Church Festival in Sussex.
We have continued to have Church at Home on a few Sunday’s throughout the year. On these occasions we do not have Church centrally but encourage our community to host their family, friends and neighbours in their own homes.
We had the privilege to have 3 people baptised this year. We took the church down to Goring Beach which was a very successful family event.
Jonathan was also a guest on Revelation TV. On each occasion he was on, he had the opportunity to talk about Kingdom Faith. Helena, also had an opportunity to speak on Radio and we trust that this medium of communication will continue for the both.
We continued to provide financial to support Persis Pawlose in India. Persis along with her husband Shajin and the family, run an orphanage and a school.
Kurt Erickson, a pastor, runs a charity called Church without Walls (Elios Trust), a charity that helps the homeless. Kingdom Faith has supported this work throughout the year with a number of the team joining this work on a Saturday Morning in Victoria.
Kingdom Faith church have also partnered with Streetlight UK; a charity looking to help those trapped in prostitution. A number of the congregation have joined this team to help support this work.
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KINGDOM FAITH CHURCH LONDON
TRUSTEES' REPORT (CONTINUED)
Helena and Jonathan Croft have also been invited to speak at a number of other churches and conferences over the course of the year. They will continue to be open to these opportunities.
Financial review
Income for the year amounted to £143,430 (2024: £140,003) and expenditure £145,816 (2024: £141,561). The deficit of £2,386 was added to fund brought forward, with the year end unrestricted fund balance being £43,725.
Policy on reserves
The Trustees have determined that, in line with their belief that God provides for the work to which he calls His people, no reserves are actively maintained by the charity.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Page 4
KINGDOM FAITH CHURCH LONDON
TRUSTEES' REPORT (CONTINUED)
Statement of Responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping 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, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. 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.
The annual report was approved by the Trustees of the charity on 17 June 2026 and signed on its behalf by:
......................................... Paul Karslake Trustee
Page 5
KINGDOM FAITH CHURCH LONDON
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGDOM FAITH CHURCH LONDON
I report to the Trustees on my examination of the accounts of Kingdom Faith Church London for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity Trustees of Kingdom Faith Church London you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Kingdom Faith Church London's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of Kingdom Faith Church London as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
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.
...................................... K Gomes FCIE Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
17 June 2026
Page 6
KINGDOM FAITH CHURCH LONDON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| Note Unrestricted funds £ Income and Endowments from: Donations and legacies 2 141,946 Investment income 3 1,204 Total income 143,150 Expenditure on: Charitable activities 4 145,698 Total expenditure 145,698 Net (expenditure)/income (2,548) Net movement in funds (2,548) Reconciliation of funds Total funds brought forward 46,273 Total funds carried forward 12 43,725 |
Restricted funds £ 280 - 280 118 118 162 162 399 561 |
Total 2025 £ 142,226 1,204 143,430 145,816 145,816 (2,386) (2,386) 46,672 44,286 |
Total 2024 £ 139,043 960 |
|---|---|---|---|
| 140,003 | |||
| 141,561 | |||
| 141,561 | |||
| (1,558) | |||
| (1,558) 48,230 |
|||
| 46,672 |
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
KINGDOM FAITH CHURCH LONDON
BALANCE SHEET AS AT 31 AUGUST 2025
| Note Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 12 |
2025 £ 685 685 5,579 43,042 48,621 (5,020) 43,601 44,286 561 43,725 44,286 |
2024 £ 1,370 |
|---|---|---|
| 1,370 | ||
| 2,138 49,368 |
||
| 51,506 (6,204) |
||
| 45,302 | ||
| 46,672 | ||
| 399 46,273 |
||
| 46,672 |
The financial statements on pages 7 to 17 were approved by the Trustees, and authorised for issue on 17 June 2026 and signed on their behalf by:
......................................... Paul Karslake Trustee
The notes on pages 9 to 17 form an integral part of these financial statements. Page 8
KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Kingdom Faith Church London meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Gift aid
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Grant provisions
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Furniture and equipment 25% on cost Computer equipment 33% on cost
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
Liabilities
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
2 Income from donations and legacies
| Donations and legacies; Donations Gift aid reclaimed |
Unrestricted funds General £ 113,081 28,865 141,946 |
Restricted funds £ 280 - 280 |
Total 2025 £ 113,361 28,865 142,226 |
Total 2024 £ 118,020 21,023 |
|---|---|---|---|---|
| 139,043 |
3 Investment income
| Unrestricted funds General £ Interest receivable and similar income; Interest receivable on bank deposits 1,204 |
Total 2025 £ 1,204 |
Total 2024 £ 960 |
|---|---|---|
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
4 Expenditure on charitable activities
| Note Ministry expenses Rent and rates Guest speakers Communications Travel and subsistence Print, post and stationery Insurance Equipment and maintenance Legal and professional Bank charges Sundry expenses Independent examination Depreciation, amortisation and other similar costs Grant funding of activities 5 Staff costs 7 |
Unrestricted funds General £ 4,265 29,400 532 720 4,202 543 735 1,157 2,362 161 163 588 685 22,340 77,845 145,698 |
Restricted funds £ 118 - - - - - - - - - - - - - - 118 |
Total 2025 £ 4,383 29,400 532 720 4,202 543 735 1,157 2,362 161 163 588 685 22,340 77,845 145,816 |
Total 2024 £ 4,286 27,000 350 720 3,459 1,275 691 878 2,520 131 225 570 1,773 22,850 74,833 |
|---|---|---|---|---|
| 141,561 |
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
5 Grant-making
Analysis of grants
| Grants | Grants to institutions 2025 £ 2024 £ 16,048 15,850 |
Grants to individuals 2025 £ 2024 £ 6,292 7,000 |
|---|---|---|
6 Trustees remuneration and expenses
The pastor, Mr Jonathan Croft, a Trustee, and his wife are employees of the charity as permitted by clause 8 of the Trust Deed. Their gross income for the year amounted to £72,446 (2024: £69,944).
During the year, Mr Jonathan Croft, a trustee, and his wife also received benefits by way of pension contributions amounting to £3,797 (2024: £3,647).
No Trustees received reimbursement of expenses in the current year, (2024: £Nil).
7 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2025 £ 72,446 1,602 3,797 77,845 |
2024 £ 69,944 1,242 3,647 |
|---|---|---|
| 74,833 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| Ministry staff | 2025 No 2 |
2024 No 2 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
8 Tangible fixed assets
| Furniture and equipment £ Cost At 1 September 2024 11,530 Disposals (5,304) At 31 August 2025 6,226 Depreciation At 1 September 2024 10,160 Charge for the year 685 Eliminated on disposals (5,304) At 31 August 2025 5,541 Net book value At 31 August 2025 685 At 31 August 2024 1,370 9 Debtors Prepayments Accrued income 10 Creditors: amounts falling due within one year Trade creditors Accruals |
Furniture and equipment £ Cost At 1 September 2024 11,530 Disposals (5,304) At 31 August 2025 6,226 Depreciation At 1 September 2024 10,160 Charge for the year 685 Eliminated on disposals (5,304) At 31 August 2025 5,541 Net book value At 31 August 2025 685 At 31 August 2024 1,370 9 Debtors Prepayments Accrued income 10 Creditors: amounts falling due within one year Trade creditors Accruals |
Computer equipment £ 2,815 - |
Total £ 14,345 (5,304) 9,041 12,975 685 (5,304) 8,356 685 1,370 2024 £ - 2,138 |
|
|---|---|---|---|---|
| 2,815 | ||||
| 2,815 - - |
||||
| 2,815 | ||||
| - | ||||
| - | ||||
| 2025 £ 2,299 3,280 5,579 2025 £ 4,481 539 5,020 |
||||
| 2,138 | ||||
| 2024 £ 4,495 1,709 |
||||
| 6,204 |
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
11 Pension and other schemes Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £3,797 (2024 £3,647).
12 Funds
| Unrestricted funds General General Funds Restricted funds Purse for the poor Total funds Unrestricted funds General General Funds Restricted funds Purse for the poor Total funds |
Balance at 1 September 2024 £ Incoming resources £ 46,273 143,150 399 280 46,672 143,430 Balance at 1 September 2023 £ Incoming resources £ 47,683 139,350 547 653 48,230 140,003 |
Balance at 1 September 2024 £ Incoming resources £ 46,273 143,150 399 280 46,672 143,430 Balance at 1 September 2023 £ Incoming resources £ 47,683 139,350 547 653 48,230 140,003 |
Resources expended £ (145,698) (118) (145,816) Resources expended £ (140,760) (801) (141,561) |
Balance at 31 August 2025 £ 43,725 561 |
|
|---|---|---|---|---|---|
| 44,286 | |||||
| Balance at 31 August 2024 £ 46,273 399 |
|||||
| 140,003 | 46,672 |
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KINGDOM FAITH CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
13 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 685 48,060 (5,020) 43,725 Unrestricted funds General £ 1,370 51,107 (6,204) 46,273 |
Restricted funds £ - 561 - 561 Restricted funds £ - 399 - 399 |
Total funds at 31 August 2025 £ 685 48,621 (5,020) |
|---|---|---|---|
| 44,286 | |||
| Total funds at 31 August 2024 £ 1,370 51,506 (6,204) |
|||
| 46,672 |
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