AMERSHAM FREE CHURCH
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER 2025
Charity Number 1137287
AMERSHAM FREE CHURCH
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER 2025
| Contents | Page |
|---|---|
| Trustees' Report | 1 - 6 |
| Report of the Independent Examiner | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Accounts | 10-16 |
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the Charities Act 2011, the Charities Statement of Recommended Practice (Charities SORP 2019 (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.
Reference and Administrative Information
| Charity name | Amersham Free Church |
|---|---|
| Charity registration number | 1137287 |
| Principal address | Woodside Road, Amersham, Buckinghamshire, HP6 6AJ |
| Trustees | |
| Minister | Revd Ian Green |
| Associate Minister | Revd Erna Stevenson |
| Secretary | Mrs Beverley Underwood |
| Treasurer | Mr John Munro |
| Elders | Mrs Sara Autton |
| Mr Peter Burdin | |
| Mr Leslie Chrol-Frolowicz | |
| Mrs Ann Clark (to March 25) | |
| Mrs Carolynn Croisdale-Appleby | |
| Mr David Eldridge | |
| Mrs Heather McIntyre | |
| Mrs Amela Munro (to March 25) | |
| Mr John Munro | |
| Mrs Janet Reid (from March 25) | |
| Mr Michael Richards | |
| Mrs Hazel Richardson | |
| Mrs Beverley Underwood | |
| Assistant Elder | Mrs Judy Cyster (from March 25) |
| Bankers | National Westminster Bank, Amersham Branch, Oakfield Corner, |
| Hill Avenue, Amersham, Buckinghamshire, HP6 5TD | |
| Independent Examiners | JCS Accountants Limited, 5 Robin Hood Lane, Sutton, Surrey SM1 |
| 2SW |
Structure, Governance and Management
The Church is a charitable trust and governed by its constitution that was adopted on 25th May 2010 and revised 25th November 2015 and 23rd May 2017.
The Elders of the Church are the same as the Trustees and are also considered to be key management personnel. Details of remuneration are set out in note 7 to the Financial Statements. Assistant Elders do not have voting rights and are not Trustees.
Elders are elected by the Church Meeting. The Elders’ Meeting is charged with the day-to-day management of the Church and is responsible to the Church Meeting, consisting of all members of the Church.
Page 1 of 16
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
Objectives and Activities
The principal purpose of the Church is the advancement of the Christian Faith according to the Baptist Union of Great Britain (BUGB) and the United Reformed Church in the United Kingdom (“The URC”).
Pastoral Care
Pastoral care is a high priority of Amersham Free Church. The agenda of every meeting of the elders includes a time to consider pastoral matters. A Pastoral Committee operated under the chairmanship of the Minister to support members and worshippers. Members are encouraged to discuss pastoral matters with a member of the Pastoral Team. Each member has a contact elder with whom they may discuss church matters and a Pastoral Team Contact with whom they may discuss pastoral matters. The Church Magazine is used to share news of significant birthdays, anniversaries and news of members who are unwell or in hospital. Care is taken to respect the wishes of each individual as to the extent that their news may be shared with the wider membership.
Property and Buildings
The Church building was constructed in 1962, and the Alfred Ellis Hall was refurbished in 2010. The building is heavily used, and the number of external lettings continue to increase. The 2025 budget for repairs, maintenance was £10,000 somewhat reduced from the previous year. The local Synod of the United Reformed Church continues to assist the Church to facilitate the provision of professional advice for the ongoing heating project, the ultimate aim is to replace the heating in the Sanctuary & side rooms. This project was paused during 2025 pending receipt of a Thermal Modelling report which was received late 2025. Cracks in the Sanctuary wall have been investigated this year by a Structural Engineer, under reference to the local Synod Property Team. The cracks which are longstanding and have, over the years, been filled with mortar have been assessed as arising from thermal movement. When the property was built expansion joints in brick walls were not installed whereas today’s regulations require such. Remedial work to insert expansion joints has been recommended: this is likely to involve significant cost albeit not yet crystallised. A formal tender process will be followed, under professional advice, to obtain quotes for the work during 2026. After a year of significant renewals and improvements in 2024 the general property focus in 2025 has been on ongoing maintenance which has included full refurbishment of one of the meeting rooms and certain other expenditure for new items e.g. blinds, funded predominantly by legacies received during the year. The monthly Team Meeting meets to review property maintenance matters, agree actions and review expenditure to present at the monthly Elders' Meeting.
Church Organ
The organ was installed in the church when it was constructed in 1962. It was not a new instrument, in the sense that the component parts came from other instruments and the layout of the organ chamber is not ideal, the greatest problem being the build up of heat in a restricted space. This has resulted in a serious deterioration of the leather trunking that carries wind to the pipes. In 2014, a partial refurbishment was carried out and whilst this has extended the life of the organ by a decade or so, it has become apparent that many problems still exist, questioning the viability of the instrument. During the year, we changed our organ tuner, who indicated that we needed to spend between £30,000 and £90,000. We subsequently commissioned a full survey from Nicholson & Co. of Malvern, an organ builder of national standing. Their report was received towards the end of 2025 and is fairly damning. The Elders are currently consulting with the membership of the church on the best way forward.
Ecumenical Relationships
The Church is in covenant with St Michael’s (Church of England). Joint services are normally held twice a year. The ministers meet regularly to discuss matters of mutual concern. A joint service was held in January and July during 2025. The two churches took part in the Christmas Tree Festival which took place in December again this year in St Michael’s and All Angels. Both churches commissioned a new COTHA Constitution from the Ecumenical office at Lambeth Palace. This was adopted by both churches in 2025.
Page 2 of 16
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
Volunteers
Like most churches, we rely on an army of willing volunteers to ensure the smooth running of the Church and to keep the fabric in good order. The list of jobs undertaken is large and ranges from arranging flowers and welcoming visitors to cleaning parts of the premises. We thank all the volunteers who contribute to the ministry of Amersham Free Church.
Worship and Prayer
The worship at AFC has been described as being ‘quite liturgical’ and we use a mixture of hymns and worship songs, together with prayers and thought-provoking sermons. We rely on a rota of freelance organists to provide the musical accompaniment to our worship and support the choir. Members are encouraged to take part in the leadership of Sunday worship through bible readings and by leading intercessory prayers. In 2025 we received 3 new people into membership. In person worship numbers average 76 each week. Sunday worship, and all other services, are now live-streamed and are also available for on-line viewing with an average of 61 people tuning in via the livestream.
Mission and Evangelism
Services at two local care homes have continued during the year and these are welcomed by the staff. The participation of the residents shows that these services are enjoyed and bring back memories.
Teams have supported local Baptist and URC churches by leading worship when they are not able to find an accredited minister, but this has ceased at the end of 2025. Tuesday Lunchbreak provides a light lunch followed by a short period of worship, reflective time or music. The annual Christingle service was held in December and was attended by 30+ children. Children were able to make their Christingles followed by a time of worship and a party tea. The Friday Fun at One continues to flourish and the end of year party was very well attended.
1. Governance
Elders are elected by the Church Meeting.
The Elders’ Meeting is charged with the day-to-day management of the Church and is responsible to the Church Meeting, consisting of all members of the Church.
The AGM was held on 23[rd] March 2025. The elders met on eleven occasions during the year.
2. Reserves policy
(a) Closure Reserve
Along with other Charities it is incumbent upon the Elders, as Trustees, to set aside an amount that would support the Church if closure were imminent. Although this may seem unlikely it is a requirement of the Charity Commission with whom we are registered. The Elders believe that they should hold a fund equivalent to three months running costs together with related employment costs. Based upon an estimate of the Treasurer the members agreed to maintain the designated reserve at £50,000.
3. Public benefit
When reviewing our aims and objectives and planning our future activities, we have referred to the guidelines in the Charity Commission’s general guidance on public benefit. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. Amersham Free Church believes that it has a duty along with other local churches to support the local community in Amersham. All the Church’s services and activities are accessible and open to the general public living within and beyond the town’s boundaries.
Page 3 of 16
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
Our commitment to the local community is further illustrated by the regular use of Church premises by a range of groups, charity and non-charity and individual hirers. We offer a lower hire rate to registered charities: current charities using our premises are Rainbows, Brownies, Guides and Rangers, several U3A groups, the Chiltern Child Contact Centre, LabAid and 4 local choirs. Regular hirers also include commercial groups for early years, children and fitness.
4. Membership
At the end of the year the membership of the Church stood at 113. The membership of the church is augmented by 20 or so adherents.
5. Unrestricted Income
The Statement of Financial Activities for the year ended 31 December 2025 is attached together with the Balance Sheet at 31 December 2025. The Church’s unrestricted income is derived principally from the offerings of its members and together with rental income derived from premises lettings. Total unrestricted income for 2025 amounted to £303,833 (2024 £166,933).
6. Unrestricted Resources Expended
Expenditure on the ministry, manse, church premises and mission payments from our unrestricted funds together with the costs of Fun at One, Lunchbreak and our other social activities amounted to £183,288 (2024 £199,607). Total unrestricted income exceeded expenditure by £120,545.
7. Mission Grants and Donations
a) It is the Church’s policy to devote a substantial part of its unrestricted income to other causes. The Church recognises its commitment to the mission work of both denominations to which it is affiliated, as well as other causes. We calculate our commitment to The United Reformed Church based approximately upon their national formulae as a contribution to its Ministry and Mission Fund and an equal amount is donated to Baptist causes for home and overseas mission. Total giving out of unrestricted funds in 2025 amounted to £13,656 (2024 £13,656).
b) At the start of the year, the Partnership In Mission committee nominate charities to receive mission collections each month with three charities being nominated at Christmas. The amounts paid to the various charities is enhanced by the net proceeds received from Tea @ Three and the net donations from coffee after morning worship, resulting in a total amount to be paid to the designated charities of £16,540 (2024 £12,377).
8. Restricted Funds
a) Replacement of Sanctuary Heating – This is an ongoing project being led by a small team working in conjunction with the URC who are providing advice on how best to proceed. The project was paused during the year pending receipt of ta Thermal Modelling report, now received. We will now consult further with the URC Synod Property Team on the way forward. The balance on the heating fund at the end of the year stood at £115,101 (2024 £111,176).
9. General funds (unrestricted)
a) At the start of the year, unrestricted funds stood at £236,576; the increase from the result of the activities in the year amounted to £120,545. We therefore have unrestricted funds of £357,121 as at the 31st December 2025.
Page 4 of 16
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
b) Along with other Charities it is incumbent upon the Elders, as Trustees, to set aside from this sum an amount that would support the Church if closure were imminent. This is a requirement of the Charity Commission with whom we are registered. The Elders believe that they should hold a fund equivalent to three months running costs, together with related employment costs. An amount of £50,000 has been so designated.
c) The 2026 budget for the general fund was approved by the members in November 2025. The church will continue to spend funds on improving the church; to enhance the experience of the members and external hirers and the maintenance budget has been increased to reflect these improvements. The budget does not take account of any funding requirements for the cracks in the sanctuary walls, or potential expenditure that will be required on the church organ.
10. Risk Management
The trustees confirm that they have given consideration to the major risks to which the charity is exposed and that systems have been designed and established to mitigate those risks. The trustees consider the principal risks and uncertainties facing the church and their plans and strategies for managing these risks to be:
-
Income and Expenditure – diminishing reserves; Loss of local reputation; Costs spiral out of control. Mitigated by regular budget reviews; Monitor adequacy of financial information; Ensure proper authorisation for expenditure
-
Review procedures for admission to schemes and control over pension administration.
-
Ensure compliance with Workplace Pension regulations.
Risks and Risk Management Plan
From time to time the Trustees consider the risks and uncertainties that might prevent the church from achieving its charitable goals. The risk areas, and our approach for managing risk is summarised as follows:
Financial
Risk Area: our regular and one-off giving declines; an uninsured liability; a significant reduction in lettings income.
Risk Management Approach: we prepare management accounts; we manage an Operational Cash Reserves of twelve months expenses; we ensure that insurance policies are up-to-date and include Employer’s Liability of £10M, Public Liability of £5M and Property Owner’s Liability of £5M
Security & Safeguarding
Risk Area: a major Security, Safeguarding or Health & Safety incident
Risk Management Approach: we conduct a thorough Security & Safeguarding Review; we ensure compliance with our Building Terms of Use for all external hirers; we ensure that insurance policies are up-to-date and cover us for identified risks; we maintain up-to-date Service Incident logs and Risk Logs; we ensure that all major identified risks are reported to the Elders and a risk management plan identified (Accept, Mitigate or Avoid)
Risk Area - a data protection breach
Risk Management approach – A data protection policy is in place and a privacy statement published. All members have been requested to confirm their willingness for their data to be published in the directory of members.
Page 5 of 16
AMERSHAM FREE CHURCH
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025
11. General Policies
Throughout last year, the church has adopted 14 policies in line with the Charity Commission recommendations. These have all been reviewed in the current year. The Safeguarding and GDPR policies are due for renewal in early 2026. All of these policies are available for inspection by members.
12. Investment policy
The charity (through the Elders) has the power to invest in such stocks, shares, investments and property in the UK as deemed fit. During the year, the charity has taken advantage of improved (although now reducing) interest rates and has placed funds on Fixed Term Deposit. On 31[st] December 2025 the charity had £300,000 on a Three-Month Fixed Term with National Westminster Bank at 3.07% that matures on 2[nd] March 2026.
ON BEHALF OF THE ELDERS
Revd Ian Green
John Munro, Treasurer
Beverley Underwood, Secretary
Date: 13[th ] March 2026
Page 6 of 16
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AMERSHAM FREE CHURCH Independent 8xamlneVs report to the trustses of Amernham Free Church I report to the charity trustees on my examination of the accounts of Amersham Free Church (the Church) for the year ended 31 December 2025 set out on pages 8 to 16. Responsibilities and basis of rnport As th8 charity's trustees you are responsible for the preparation of the accounts in accordanGe with the requirements of the Chanties Acl 2011 {'the Act,). I report in respect of my examination of the Church's accounts as carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(bl of the Act. Independent examIne3 statement Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales. which is one of th8 listed bodies. I have completed my examination. I confimi that no matters have come to my attention in ¢onne¢tion with the examination giving me cause to believe that in any material respect". accounting records were not kept in respect of the Church as required by section 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements ¢oncerning the fonn and content of accounts set out in Ihe Charities (Accounts and Report) Regulations 2008 other than any requirement that the accounts give a Irue 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. Miriam Hickson CTA FCA JCS Accountants Limited 5 Robin Hood Lane Sutton Surrey SM12SW Date.. 24) mcwGkn 2016. Page 7 of 16
AMERSHAM FREE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2025
| Note Unrestricted Restricted Endowment Funds Funds Funds £ £ £ Income from: Donations and legacies 2 240,267 16,540 - Other activities 3 55,748 - - Investments 4 7,006 3,925 - Charitable activities 5 812 - - Total income 303,833 20,465 - Expenditure on: Charitable activities 6 183,288 13,780 - Change in Pension Liability - Total expenditure 183,288 13,780 - Net income 120,545 6,685 - Transfers between funds - - - Net movement in funds 120,545 6,685 - Reconciliation of funds Balances brought forward 236,576 124,445 221,109 Balances carried forward 357,121 131,130 221,109 |
Total Unrestricted Restricted Endowment 2025 Funds Funds Funds £ £ £ £ 256,807 102,362 42,377 - 55,748 55,238 - - 10,931 8,782 2,743 - 812 551 - - 324,298 166,933 45,120 - 197,068 199,607 12,065 - - - - 197,068 199,607 12,065 - 127,230 (32,674) 33,055 - - - - - 127,230 (32,674) 33,055 - 582,130 269,250 91,390 221,109 709,360 236,576 124,445 221,109 |
Total 2024 £ 144,739 55,238 11,525 551 212,053 211,672 - 211,672 381 - 381 581,749 582,130 |
|---|---|---|
There were no discontinued or acquired activities during the current or preceding year.
Page 8 of 16
AMERSHAM FREE CHURCH
BALANCE SHEET
AS AT 31ST DECEMBER 2025
| Note Fixed assets Tangible fixed assets 8 Current assets Debtors 9 Cash at bank Fixed Rate Bond Creditors:Amounts falling due within one year 10 Net current assets Net assets 15 Funds Unrestricted Funds 11 Restricted Funds 12 Endowment Funds 13 |
2025 £ 25,448 140,383 300,000 465,831 ( 7,195) |
£ 250,724 458,636 709,360 357,121 131,130 221,109 709,360 |
2024 £ £ 266,557 18,265 157,334 150,000 325,599 ( 10,026) 315,573 582,130 236,576 124,445 221,109 582,130 |
|---|---|---|---|
Approved by the Trustees on and signed on their behalf by:
J D Munro Trustee
B Underwood Trustee
Page 9 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
Accounting convention
The financial statements have been prepared in accordance with the Charities Act 2011, the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting. There are no material uncertainties about the church’s ability to continue in operation. The accounts are presented in pounds sterling and figures are rounded to the nearest pound.
Amersham Free Church meets the definition of a public benefit entity under FRS 102. The church is a charitable trust, and its principal address is Woodside Road, Amersham, Buckinghamshire, HP6 6AJ.
Income
Donations and legacies
Voluntary income and donations (including legacies) are accounted for once the charity has entitlement to the income, it is probable the income will be received, and the amount of income receivable can be reliably measured.
Investment income
Investment income is included in the accounts on an accrual’s basis.
Donated Services
Income is recognised at the value of services received.
Expenditure
General principles
Expenditure is accrued as soon as a liability is considered probable, discounted to present value for longer term liabilities.
Fund raising and publicity costs
The Church does not make formal appeals for funds, and expenditure on these items is therefore not material.
Grants’ payable
The Church makes grants to other organisations whose charitable objects complement its work, these are accounted for as soon as the beneficiary has been identified and the payment made or is obligated to be paid.
Governance costs
This represents direct expenditure on the governance of the Church and is included in charitable activities. Most of the management is carried out without charge by volunteers. This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost of the volunteers for their service.
Tangible fixed assets
The church premises are included in the balance sheet at original cost; the manse premises are stated at cost. The major work of refurbishment has been recognised as an expense in the year of commitment.
Page 10 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
Depreciation
Freehold land is not depreciated. Depreciation has not been charged on the church or manse buildings because, in the opinion of the Trustees, the residual value of these assets is not less than the original cost. Fixtures and fittings are written off over 3 years on a straight-line basis. Expenditure on improvements to church premises is written off over 10 years on a straight-line basis.
Taxation
The charity is exempt from tax on its charitable activities.
Debtors
Gift Aid recoverable and other debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The Church Pays contributions to the Baptist Ministers Pension Scheme which is a defined contribution plan.
2 DONATIONS AND LEGACIES
| Social Activities Offerings and other income Gift Aid Legacies |
2025 £ - 96,111 22,117 138,579 256,807 |
2024 £ - 126,449 18,290 - 144,739 |
|---|---|---|
Page 11 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
| 3 OTHER ACTIVITIES Church Hall lettings Sundry income Rent from land 4 INVESTMENT INCOME Gift Aid interest Deposit account interest 5 INCOME FROM CHARITABLE ACTIVITIES Activity Preaching fees Ministry Fun at One fees Ministry Lunchbreak donations Ministry 6 CHARITABLE ACTIVITIES COSTS Ministry Church expenses Mission Grants and Donations Governance costs: Independent Examiner’s remuneration Payroll Processing Fees Grants made to further the charity’s objects, were as follows: Baptist Home Mission Baptist Missionary Society United Reformed Church Chiltern Child Contact Centre Other Grants and specific collections 7 STAFF COSTS AND TRUSTEES REMUNERATION Wages and salaries Other pension costs |
||
|---|---|---|
There were three employees throughout the year (2024: 4).
Page 12 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
7 STAFF COSTS AND TRUSTEES REMUNERATION (continued)
The ministers, who are also trustees of the church and part of the key management personnel, received remuneration as follows, as permitted by the terms of the church’s constitution:
| Rev I Green – stipend and manse benefit – pension contributions Rev E Stevenson |
2025 £ 44,927 5,232 4,256 |
2024 £ 43,572 5,169 4,116 |
|---|---|---|
The ministers were reimbursed expenses of £3,130 (2024 £2,839).
No employee received emoluments in excess of £60,000 during the year (2024: none)
8 TANGIBLE FIXED ASSETS
| Freehold Land & Buildings £ Cost At 1st January 2025 230,811 Additions for the year - At 31st December 2025 230,811 Depreciation At 1st January 2025 9,702 Charge for the year At 31st December 2025 9,702 Net book value At 31st December 2025 221,109 At 31st December 2024 221,109 |
Fixtures & Fittings £ 67,773 - 67,773 22,325 15,833 38,158 29,615 45,448 |
Total £ 298,584 - 298,584 32,027 15,833 47,860 250,724 266,557 |
||
|---|---|---|---|---|
Freehold buildings are used for direct charitable purposes. They are stated at historical cost and the Trustees are confident that their current market value is far in excess of the cost. Assets purchased in the year was nil.
Page 13 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
9 DEBTORS
| Income tax recoverable URC -Thermal Modelling Legacy 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 11 UNRESTRICTED FUNDS At 01.01.25 Income Expenditure £ £ £ General fund 164,155 300,572 180,161 Social committee 1,949 - - Fun at One 622 542 528 Men’s Lunch Club 1,380 - - Men’s Breakfast 117 - - Ladies Supper 223 - - Lunchbreak 302 - - Sunday Lunch 121 748 647 Legacy 13,892 - - Women’s Own 525 - - Tea @ Three 1,798 1,117 997 Coffee Donations 1,492 854 955 Closure reserve 50,000 - - 236,576 303,834 183,288 |
2025 2024 £ £ 20,048 18,265 5,400 - - - 25,448 18,265 2025 2024 £ £ 2,097 1,996 5,098 8,030 7,195 10,026 Transfers At 31.12.25 £ £ 18,388 302,954 (1,949) - - 636 (1,380) - (117) - (223) - (302) - - 222 (13,892) - (525) - - 1,918 - 1,391 - 50,000 - 357,121 |
|---|---|
Page 14 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
11 UNRESTRICTED FUNDS (continued)
| At 01.01.24 £ General fund 197,577 Social committee 1,949 Fun at One 600 Men’s Lunch Club 1,375 Men’s Breakfast 117 Ladies Supper 223 Lunchbreak 302 Sunday Lunch 146 Legacy 13,892 Women’s Own 525 Tea @ Three 1,417 Coffee Donations 1,127 Closure reserve 50,000 269,250 12 RESTRICTED FUNDS At 01.01.25 £ Mission 13,269 Sanctuary Heating 111,176 124,445 At 01.01.24 £ Mission 10,663 Sanctuary Heating 80,727 91,390 |
Income Expenditure Transfers At 31.12.24 £ £ £ £ 163,033 196,455 - 164,155 - - - 1,949 241 219 - 622 205 200 - 1,380 - - - 117 - - - 223 - - - 302 1,308 1,333 - 121 - - - 13,892 - - - 525 1,081 700 - 1,798 1,065 700 - 1,492 - - - 50,000 166,933 199,607 - 236,576 Income Expenditure Transfers At 31.12.25 £ £ £ £ 16,540 13,780 - 16,029 3,925 - - 115,101 20,465 13,780 - 131,130 Income Expenditure Transfers At 31.12.24 £ £ £ £ 12,377 9,771 - 13,269 32,743 2,294 - 111,176 45,120 12,065 - 124,445 |
|---|---|
The Mission fund is credited with the proceeds of communion offerings and other specific offerings at our Easter and Christmas services which are then distributed to selected charities.
The Sanctuary Heating fund represents net monies received in excess of the expenditure committed and recognised in the financial statements. This is an ongoing project. As a restricted fund it is only available against expenditure on the sanctuary heating.
13 ENDOWMENT FUNDS
The endowment fund relates to the church property.
Page 15 of 16
AMERSHAM FREE CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
14 RELATED PARTY TRANSACTIONS
The custodian Trustees of the Church premises are the URC Thames North Trust and the Baptist Union Corporation Ltd, charity number 249635, which is controlled by the Baptist Union Council. The custodian trustee of the Manse is the Baptist Union Corporation Ltd, charity number 249635, which is controlled by the Baptist Union Council.
The Church is a member of the Baptist Union of Great Britain, the Central Baptist Association and the United Reformed Church.
The Church made donations to the Baptist Union Home Mission Scheme of £3,414 (2024: £3,414), Baptist Missionary Society of £3,414 (2024: £3,414) and the United Reformed Church of £6,828 (2024: £6,828).
The trustees and related parties donated a total of £16,245 (2024: £19,324) towards the general and specific work of the church.
15 NET ASSETS
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Fund | ||
| 2025 | £ | £ | £ | £ |
| Tangible fixed assets | 29,615 | - | 221,109 | 250,724 |
| Current assets | 334,701 | 131,130 | - | 465,831 |
| Current liabilities | ( 7,195) | - | - | ( 7,195) |
| Provisions | - | - | - | - |
| 357,121 | 131,130 | 221,109 | 709,360 | |
| Unrestricted | Restricted | Endowment | Total | |
| Funds | Funds | Fund | ||
| 2024 | £ | £ | £ | £ |
| Tangible fixed assets | 45,448 | - | 221,109 | 266,557 |
| Current assets | 201,154 | 124,445 | - | 325,599 |
| Current liabilities | ( 10,026) | - | - | ( 10,026) |
| Provisions | - | - | - | - |
| 236,576 | 124,445 | 221,109 | 582,130 |
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