THE KENDRAY TRUST
FINANCIAL STATEMENT
FOR THE YEAR ENDED
31ST JULY 2025
CHARITY No: 1137488
COMPANY No: 07321647
THE KENDRAY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST JULY 2025
Contents
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Page: 1 Business Information
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2 to 3 Trustees' Report 4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet
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7 to 11 Notes to the Financial Statements
THE KENDRAY TRUST YEAR ENDED 31ST JULY 2025 COMPANY INFORMATION
The Charity is registered and is a company limited by guarantee governed by its Memorandum and Articles of Association. Company No. 7321647; Charity Registration No. 1137488.
Directors / Trustees
The Directors of the charitable company (The Trust) are its Trustees for the purposes of charitable law and throughout this report are collectively referred to as the Trustees.
The Directors/Trustees who served during the year:-
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Rev Peter Charles William Jackson (resigned as chair of trustees 10/06/25)
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Helen Louise Mitchell
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Amanda Clough
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Peter Jacob
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Zacc Marshall Salisbury
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Meredith Bradshaw
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Adrian Watts
Secretary and Registered Office
Amanda Jane Clough has been appointed the Company Secretary. The registered office is 20 Old Oaks View, Barnsley, South Yorkshire, S70 3RN.
Independent Examiner
Appleby Randall Limited, AIMS Accountants for Business, Studio 21, SUM Studios, 1 Hartley Street, Sheffield, South Yorkshire, S2 3AQ.
Bankers
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ.
Kingdom Bank, Ruddington Fields Business Park, Mere Way, Ruddington, Nottingham, NG11 6JS.
1
THE KENDRAY TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST JULY 2025
The Trustees, who are the charity’s directors for the purpose of company law, are pleased to submit their report and accounts for the period 1st August 2024 to 31st July 2025.
The legal and administrative information set out on page 1 forms part of this Report. The financial statements are prepared in accordance with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice – Accounting and Reporting by Charities.
Objects of The Charity
The Charity’s objectives as set out in the Memorandum and Articles of Association is to advance the Christian faith in accordance with the Statement of Beliefs in the area of Barnsley, South Yorkshire and in such other parts of the United Kingdom or the world as the Trustees deem appropriate.
Summary of the Charity’s main activities, achievements and future developments
The main activities undertaken during this period in relation to the Charity’s objective were:
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The funding, housing and training of gospel workers committed to the proclamation and teaching of the Word of God within Churches within South Yorkshire.
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Re-Appointment of a pastoral worker on 12-month contract period April 2025 -March 26
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Grants made to enable young people to attend Christian summer camps.
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Seeking to appoint an associate minister to serve at STAK.
The Trustees consider that such activities provide public benefit to those in the local area and wider community and the Trustees have had regard to the guidance issued by the commission on public benefit.
Plans for the future
The Kendray Trust intends to continue its regular activities and has no plans for significant changes in any aims or objectives. The Trustees continue to consider how, going forward we can secure faithful gospel ministry and support the planting of new churches.
Structure, Governance and Management
The Trustees are committed to high standards of Corporate Governance, believing that it is a key element in protecting the on-going work of the Trust. Responsibility for setting policy and for determining the parameters within which the charity operates rests with the Trustees. The Trustees meet in person at least twice per year and activities are also monitored and communicated over email as the need arises.
Each Trustee is supplied with meeting agenda and supporting papers in advance of each Trustee Meeting, including a detailed financial report.
The Charity is controlled by it’s governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
At any time, there must be a minimum number of three Trustees and a maximum of eight. The Board of Trustees is responsible for the appointment of new Trustees. All Trustees appointed are in full support of the charity’s aims and objectives and are familiar with the workings of the charity.
All newly appointed trustees will be given a copy of the current version of the governing documents and a copy of the latest Trustees’ Annual Report and statement of financial statements.
Changes
Rev Peter Jackson resigned as chair of trustees on 10/06/25. Amanda Clough was appointed chair of trustees commencing 10/6/25.
Financial Review
The results for the year and the financial position of the charity are shown on pages 5 to 11.
2
THE KENDRAY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST JULY 2025
During the year 29 individuals and 5 charitable trusts made financial contributions to the Trust, the majority under the Inland Revenue Gift Aid scheme, further increasing the value of their support. Part way through the year 3 of those charitable Trusts have paused their support until we’re successful in our search for an associate minister. Balance from both restricted and unrestricted funds brought forward from previous year was £260,071 plus income for year of £64,135 total £324,206. Total expenditure for the year was £62,569 leaving a balance in both restricted and unrestricted funds totalling £261,637.
The funds allocated by The Trustees for future plans and development remains at £70,474 from the general fund balance.
The Trustees have considered the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy of holding a minimum £7000 being the equivalent of one month’s salaries, rent and winding down costs. These would be drawn from both restricted and unrestricted funds as the risk applies to both heads
Fundraising
Funding was secured to support the employment of a pastoral worker part time on a 12-month contract. Some giving paused and additional funding sought in order to appoint a new associate minister to serve at STAK
Key Risks and Uncertainties
The charity is exposed to various risks be they operational, financial or reputational. The Trustees review the charity’s activities and commitments periodically to identify significant risk and, where possible, take appropriate measure to reduce those risks. Identified risks are:
- Mismanagement of funds whether by error or fraud.
In order to prevent mismanagement of funds the following risk management procedure is in place: Dual authorisation of any payment electronic or cheque; Monthly reconciliation report sent to designated Trustee; Finance report given at each meeting and upon request.
- Donors withdraw funding.
To reduce the risk of funding loss, funds are raised on a 4-yearly cycle for each gospel worker.
Investment Powers
Under the Memorandum and Articles of Association the Trust has the power to make any investments, which the Trustees see fit.
Related Parties
The Trustees are of the opinion that there were no transactions with related parties.
Approval
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
………………………………………………… Amanda Clough (Trustee - Chair)
3
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE KENDRAY TRUST
I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of the Kendray Trust (the charitable company) for the year ended 31st July 2025 which are set out on pages 5 to 11.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘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 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement..
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 the charitable company as required by section 386 of the
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2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act
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other than any requirement that the financial statements give a ‘true and fair view which is not a matter considered as part of an independent examination; or
• the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
…………………………………………….
Appleby Randall Limited A.l.M.S. Accountants for Business Studio 21, SUM Studios 1 Hartley Street Sheffield S2 3AQ
3rd May 2026
4
THE KENDRAY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST JULY 2025
| INCOMING RESOURCES Notes Incoming resources from generated funds Voluntary Income 2 Activities for generating funds 3 Investment Income 4 Total incoming resources RESOURCES EXPENDED Charitable activities 5a Governance costs 5b Total resources expended NET INCOME (EXPENDITURE) FOR THE YEAR RECONCILIATION OF FUNDS Transfers between Funds Extraordinary items 9c Total funds brought forward 11 TOTAL FUNDS CARRIED FORWARD |
funds £ 13,092 - 5,968 19,060 989 504 1,493 17,567 (2,197) - 124,860 140,230 Unrestricted |
Restricted funds £ 45,075 - - |
2025 Total funds £ 58,167 - 5,968 64,135 62,055 504 62,559 1,576 - (10) 260,071 261,637 |
2024 Total funds £ 131,222 - 7,128 |
|---|---|---|---|---|
| 45,075 61,066 - |
138,350 100,342 - 490 |
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| 61,066 | 100,832 | |||
| (15,991) 2,197 (10) 135,211 |
37,518 - (66,831) 289,384 |
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| 121,407 | 260,071 |
5
THE KENDRAY TRUST
Company Registered Number 07321647
BALANCE SHEET
AT 31ST JULY 2025
| Notes FIXED ASSETS 6 CURRENT ASSETS Cash at bank and in hand Other current assets 7 CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
funds £ - 140,734 - 140,734 504 140,230 140,230 Unrestricted |
Restricted funds £ - 121,407 - 121,407 - 121,407 121,407 |
2025 Total funds £ - 262,141 - 262,141 504 261,637 261,637 140,230 121,407 261,637 |
2024 Total funds £ - |
|---|---|---|---|---|
| 260,561 - |
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| 260,561 490 |
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| 260,071 | ||||
| 260,071 | ||||
| 124,860 135,211 |
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| 260,071 |
In approving these financial statements as trustees, we hereby confirm the following:
For the year ending 31st July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476, of the Companies Act 2006.
The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro entity provisions and delivered in accordance with provisions aplicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees on 3rd May 2026 and were signed on its behalf by:
…………………………………………..
Amanda Clough - Trustee
6
THE KENDRAY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025
1 ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practise, Accounting and Reporting by Charities.
Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies applied to particular categories of income:
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Voluntary income is received by way of grants, donations and legacies and is included in full in the Statement of Financial Activities when receivable.
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Donated services and facilities are included at the value to the charity where this can be quantified and would otherwise be purchased from a supplier. The value of services provided by volunteers has not been included in these accounts.
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Investment income is included when receivable.
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Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable except where precluded by conditions of the grant, and then they are deferred to future accounting periods as required.
Resources expended
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Costs of generating funds comprise the costs associated with attracting voluntary income and the costs for fundraising.
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Charitable expenditure comprise 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.
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Governance costs include those costs associated with meeting the constitutional and statutory requirementsof the charity and include the accountancy fees and costs linked to the strategic management of the charity.
Fixed assets
- The fixed assets comprise of general equipment. Depreciation is calculated on a straight line basis as follows:
General equipment 25%
Allocation and apportionment of costs
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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THE KENDRAY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025
1 ACCOUNTING POLICIES
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 charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
8
THE KENDRAY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST JULY 2025
| 2 Incoming resources Grants and donations Other Income 3 Activities for generating funds Equipment rents received 4 Income from short term deposits Interest 5 Total resources expended 5a Management & administration Staff costs Office costs Premises costs Grants made Youth & children's camps Bank charges Other Costs Depreciation |
Unrestricted funds £ 13,092 - 13,092 Unrestricted funds £ - Unrestricted funds £ 5,968 Unrestricted funds £ - - - 100 - 60 829 - 989 |
Restricted funds £ 45,075 - 45,075 Restricted funds £ - Restricted funds £ - Restricted funds £ 55,917 - 558 3,000 658 - 933 - 61,066 |
Total 2025 £ 58,167 - 58,167 Total 2025 £ - Total 2025 £ 5,968 Total 2025 £ 55,917 - 558 3,100 658 60 1,762 - 62,055 |
Total 2024 £ 131,222 - |
|---|---|---|---|---|
| 131,222 | ||||
| Total 2024 £ - |
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| Total 2024 £ 7,128 |
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| Total 2024 £ 78,654 - 232 - 642 60 20,754 - |
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| 100,342 |
The average number of employees in the year was 3 (2024 3)
5b Governance
| Governance | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Independent examination fees | 504 | - | 504 | 490 |
| 504 | - | 504 | 490 |
9
THE KENDRAY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST JULY 2025
| 6. FIXED ASSETS At 1st August 2024 Additions At 31st July 2025 Depreciation At 1st August 2024 For the year At 31st July 2025 Net Book Amounts At 31st July 2025 At 31st July 2024 7. DEBTORS: AMOUNTS RECEIVABLE DUE WITHIN ONE YEAR Payroll debtor Accruals and deferred income 9. STATEMENT OF FUNDS At 1 August Fund 2024 transfer £ £ 9a. Unrestricted: General Fund 54,386 (2,197) Futures Fund (designated) 70,474 - 124,860 (2,197) 9b. Restricted: Youth Worker Fund 49,594 - Pastoral Assistant Fund (3,198) 2,197 Assistant Pastor Fund 54,973 - Futures Fund 21,958 - Ministry Trainee Fund 2,013 - Hope Church, Goldthorpe Fund 10 (10) Miscellaneous Funds 9,861 - 135,211 2,187 Total funds 260,071 (10) Cost 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
Income £ 19,060 - 19,060 11,725 2,902 24,610 3,266 375 - - 42,878 61,938 |
Equipment £ 1,386 - 1,386 1,386 - 1,386 - - 2025 £ - - 2025 £ 504 504 Expenditure £ 1,493 - 1,493 23,938 1,901 32,372 - - - 658 58,869 60,362 |
Total £ 1,386 - |
|---|---|---|---|
| 1,386 | |||
| 1,386 - |
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| 1,386 | |||
| - | |||
| - | |||
| 2024 £ - |
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| - | |||
| 2024 £ 490 |
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| 490 | |||
| At 31 July 2025 £ 69,756 70,474 |
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| 140,230 | |||
| 37,381 - 47,211 25,224 2,388 - 9,203 |
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| 121,407 | |||
| 261,637 |
9c. Extraordinary Items
During the year restricted funds totaling £10 were transferred to Hope Church, Goldthorpe as Charitable Incorporated Organisation in its own right.
10
THE KENDRAY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST JULY 2025
10. ANALYSIS OF NET ASSETS BY FUND
| Unrestricted Restricted funds funds £ £ Fixed Assets: - - Current assets: CAF Gold Account 82,183 69,290 CAF Cafcash Account Gospel Workers - 998 Other Current assets - - Kingdom Bank 58,551 51,119 Cash - - 140,734 121,407 Debtors (Note 7) - - Creditors (Note 8) (504) - Fund balance 140,230 121,407 COMPARATIVE FOR THE STATEMENT OF FINANCIAL ACTIVITIES Restricted funds funds INCOMING RESOURCES £ £ Incoming resources from generated funds Voluntary Income 19,000 112,222 Activities for generating funds - - Investment Income 7,128 - Total incoming resources 26,128 112,222 RESOURCES EXPENDED Charitable activities 662 99,680 Governance costs 490 - Total resources expended 1,152 99,680 NET INCOME (EXPENDITURE) FOR THE YEAR 24,976 12,542 RECONCILIATION OF FUNDS Transfers between Funds - - Extraordinary items - (66,831) Total funds brought forward 99,884 189,500 TOTAL FUNDS CARRIED FORWARD 124,860 135,211 Unrestricted |
Restricted funds £ - 69,290 998 - 51,119 - |
Total 2025 £ - 151,473 998 - 109,670 - |
|---|---|---|
| 121,407 - - |
262,141 - (504) |
|
| 121,407 | 261,637 | |
| Total 2024 £ 131,222 - 7,128 |
||
| 112,222 | 138,350 | |
| 99,680 - |
100,342 490 |
|
| 99,680 | 100,832 | |
| 12,542 - (66,831) 189,500 |
37,518 - (66,831) 289,384 |
|
| 135,211 | 260,071 |
11. COMPARATIVE FOR THE STATEMENT OF FINANCIAL ACTIVITIES
11
Mark Randall FCA
Studio 21, SUM Studios 1 Hartley Street, Sheffield, South Yorkshire, S2 3AQ. T: 0114 275 0461 | M: 07908 592007 | E: mark.randall@aims.co.uk | W: www.aims.co.uk
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