2025-08-31-accounts

Charity number: 1138362

TRINITY CHURCH LEP GOSFORTH

UNAUDITED

CHURCH COUNCIL MEMBERS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

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TRINITY CHURCH LEP GOSFORTH

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CONTENTS
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Page
Reference and Administrative Details of the Charity, its Church council members and 1
Advisers
Church council members’ Report 2-6
Independent Examiner's Report 7-8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11-27
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TRINITY CHURCH LEP GOSFORTH

Re REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS CHURCH COUNCIL MEMBERS AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

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Church council members Geoff Blair, Finance Team (advisor)2

David Cowans, Finance team (advisor)2,4 Charles Fleming, Elected by AGM4 Carole Eke, Finance Team2,4 Monica Goldfinch, Secretary of Church Council4 Deacon Jill Henderson1,3,4 David Lowry, Elected by AGM4 Rosemary Menzies, Pastoral Team Leader1,3,4 Hazel Nelson, Senior Steward1,3,4 Alan Nicholson, Treasurer and Chair of Trinity Centre Limited1,2,3,4 Charles Parker, Elected by AGM4 Roger Pickard, Chair, Property Team2,4 Keith Stewart, Elected by AGM4 Peter Short, Senior Steward4 Rachel Taglione, Children and Family Worker1,3,4 1 A member of the leadership team 2 Amember of the finance team 3 A member of the Ministry team 4 A member of the Church Council (Trustee) Charity registered number 1138362 Principal office Trinity Church and Centre High Street Gosforth Newcastle upon Tyne NE3 4AG Accountants Ryecroft Glenton 32 Portland Terrace Newcastle upon Tyne NE2 1QP

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TRINITY CHURCH LEP GOSFORTH

CHURCH COUNCIL MEMBERS' REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Church council members present their annual report together with the financial statements of the Trinity Church LEP Gosforth for the year 1 September 2024 to 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the charity's governing document, the Charities Act 2011 and the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objectives and activities

e Policies and objectives

Trinity Church is committed to providing a vibrant centre of Christian worship and life for the community of Gosforth and to be a place of welcome, 7 days per week, to any who wish to come in.

In setting objectives and planning for activities, the Church council members have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’.

@ Strategies for achieving objectives

Trinity Church, Centre and Cafe (known just as “Trinity”) is open and a place of welcome each day. Apart from times of Sunday worship, the main entrance to the buildings and all activities is through the cafe, which is seen to be less-threatening to those unfamiliar with church, than a traditional church entrance. We welcome approximately 2,000 visitors from the local community per week. A Reception desk is staffed by volunteers when the building is open to the public. Our second building at South Gosforth is also available for use by community groups and worship is also held there.

@ Activities undertaken to achieve objectives

Public worship is held on Sunday mornings and midweek during Advent and Lent. Attendance at Sunday morning worship regularly exceeds 150, with a number of younger parents with children as part of the congregation. Festivals such as Christmas and Easter are marked by special additional services which have a “Community” appeal (such as “Buggies and Babes” and Community Carol and Christingle services).

Trinity Church and Centre provide a wide range of weekday activities for the church and wider community. These range from Parent and Toddler groups, children's and youth activities, craft groups, adult groups, to lunches for the elderly. Activities are provided by volunteers from the church and by external providers.

Trinity Church has a Safeguarding Policy and all Trinity and non-Trinity workers with children or vulnerable adults have DBS disclosures.

Trinity Cafe, Known as Café 1901, provides food prepared on the premises and a welcoming area where members of the public gather to meet their friends and chat. In particular, Trinity cafe is known for being “wheelchair- and buggy-friendly’.

The Church is open twice a week for private prayer.

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TRINITY CHURCH LEP GOSFORTH

SR CHURCH COUNCIL MEMBERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Objectives and activities (continued)

e Grant-making policies

Grants to external organisations are agreed by the Finance Team and ratified by Church Council. Grants are made from general church funds and from offerings for specific purposes

e Main activities undertaken to further the Charity's purposes for the public benefit

Investments for special projects and charity offerings are held in accordance with the policies of our national churches. The monies held on behalf of Trinity by the Methodist Church are invested with the Central Finance Board of the Methodist Church. Funds held locally are on deposit with Lloyds Bank plc. Bequests from former Methodist members are held and managed by the Trustees for Methodist Church Purposes and invested with the Methodist Church CFB.

Achievements and performance

e Review of activities

Activities organised by Trinity Church and Centre are under constant review by the relevant Team responsible.

e Investment policy and performance

During this year, local funds have been invested with the Methodist Church Central Finance Board and Lloyds Bank plc. Interest payable by the CFB is gross of tax. Generally, performance by both CFB and Lloyds Bank plc has been weak,

Financial review

e Going concern

After making appropriate enquiries, the Church council members 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. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

e Reserves policy

Apart from reserves held in restricted and dedicated funds, it is the policy of Trinity Church to hold in reserves a sum not more than that required to fund one year's expenditure. The balance of expendable unrestricted reserves at 31 August 2025 was £347,698 (2024 £316,559),

e Material investments policy

Trinity Church is open to the local community 7 days a week. Thus, our buildings and facilities are available for rent or use by various community activities, as well as church-sponsored activities (which are always open to non-members). Trinity Church sees itself as a hub for the community and its central position on Gosforth High Street provides an ideal opportunity to serve the community in this way.

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TRINITY CHURCH LEP GOSFORTH

ES CHURCH COUNCIL MEMBERS’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

e Principal funding

The principal source of funding of Trinity Church is the donations received from church members, many of which are tax-efficient, under Gift Aid. Additional funding, is raised by fund-raising events.

e Trinity Square

Following legal agreement with Newcastle City Council, part of the adjoining road (West Avenue) and pavement was added to the Trinity Land in front of the church, in a development known as Trinity Square. Some of the trees were removed, with a replacement added (in December 2014, replaced in March 2016), and part of the grassed area paved in high quality granite. Seats, lighting and new notice boards were added. Trinity Square is a further resource for Trinity Church and Centre and for the community.

Structure, governance and management

® Constitution

Trinity Church LEP Gosforth is a registered charity, number 1138362, and is constituted under a Trust deed. The principal object of Trinity Church is to provide a place of Christian Worship and Witness for the people of Gosforth and its surrounding area.

e Methods of appointment or election of Church council members

The management of the Charity is the responsibility of the Church Council (Trustees), whose members are elected by the Church Meeting, or co-opted by Council, under the terms of the Trinity Church LEP Constitution. The Church Treasurer is elected by the Church Council. Members of the Leadership Team and Finance Team are appointed by Church Council to oversee the day-to-day management of the charity and its finances.

e Organisational structure and decision-making policies

The Church Council (Trustees) is the main decision making body of Trinity Church. Trinity is a large church of over 300 members and Church Council is required, under the terms of its Constitution, to hold at least three Congregation (Members’) Meetings in addition to the Annual General Meeting each year. Much of the day-to-day management has now passed to the Ministry Team, which meets weekly.

In this last year we sadly lost our minister Rev Alex Mabbs due to a brain tumour. At the moment we are operating without a Minister. However, in this year we have had appointed Deacon Jill Henderson asa part time Deacon. The Staff Team member is Rachel Taglione (Children and family worker).

The Ministry Team and the Trinity Centre Team now are meeting face to face. The former meet to ensure the running and pastoral care of the Church is maintained, the latter to ensure when the Centre can reopen following government guidelines.

® Policies adopted for the appointment of the finance team

Members of the Finance Team have been appointed to bring various areas of expertise to the team. The team includes two accountants, members working in business finance, members with experience in taxation and personnel and Gift Aid, and members familiar with the financial practices of the Methodist Church.

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TRINITY CHURCH LEP GOSFORTH

CHURCH COUNCIL MEMBERS’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Structure, governance and management (continued)

e Related party relationships

Following the development of the buildings, completed in February 2008, a company, Trinity Centre Limited, was set up to run the cafe and mange use of the facilities, thus facilitating their use by a wide variety of community and visiting groups.

From May, 2015, the café was outsourced to Olivia’s Artisan Bakery; Olivia’s withdrew in March 2018 and Caffé 1901 took on the lease from June 2018. Trinity Centre Ltd continues to manage the facilities and the hirers of the buildings.

The chairman of Trinity Centre Limited is also appointed Hon Treasurer of Trinity Church and is a member of the Church Council (trustee). The Finance Director of Trinity Centre Limited is a member of the Church Finance Team.

e Risk management

The Church Council members have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and in the safeguarding of children, young people and vulnerable adults, and are satisfied that systems and procedures are in place to mitigate our exposure to major risks. All volunteers working with children and vulnerable adults have DBS clearance, and they and all church officials receive regular training provided by the Methodist Church of Great Britain.

There is a local Safeguarding officer, who reports regularly to the Trustees; the Trustees receive a full, detailed report and endorse the Safeguarding Policy annually in January. The Safeguarding Officer is supported by a local and national network of the Methodist Church.

There are public liability and trustees’ liability insurances in place.

With the impact of Covid, both the Church and Trinity Centre undertook a risk assessment, and both are regularly reviewed to ensure robustness and effectiveness.

Plans for future periods

It is expected that Trinity Square will be the focus of many church and community events. Already this area is used for events such as public Carol singing (with free mince pies), and our annual summer outreach event at which barbecued food is given, free of charge, to members of the local and working community.

Funds held as custodian

Offerings received for particular charities are passed, in full and as quickly as reasonably possible, to the charities concerned.

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TRINITY CHURCH LEP GOSFORTH

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SS SSS —————— a CHURCH COUNCIL MEMBERS’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Information on fundraising practices

Trinity Church's main source of income is the voluntary gifts and donations of its members, much of which qualifies for enhancement under the HMRC Gift Aid scheme. Further income is received from lettings of rooms to external bodies and the majority of this revenue is administered by an associated company, Trinity Centre Limited. Current additional fundraising takes the form of monthly coffee mornings, which have a mainly social function.

The Church does not employ a professional fundraiser.

Statement of Church council members' responsibilities

The Church council members are responsible for preparing the Church council members' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Church council members to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Church council members are required to:

• e select suitable accounting policies and then apply them consistently; e observe the methods and principles of the Charities SORP (FRS 102);

• ° make judgements and accounting estimates that are reasonable and prudent;

• ° state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• ° prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Church council members are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They 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.

Approved by order of the members of the board of Church council members on 6 March 2026 and signed on their behalf by:

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Alan Nicholson
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TRINITY CHURCH LEP GOSFORTH

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2025

Independent Examiner's Report to the Church council members of Trinity Church LEP Gosforth (‘the Charity’)

| report to the charity Church council members on my examination of the accounts of the Charity for the year ended 31 August 2025.

Responsibilities and Basis of Report

As the Church council members of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

| report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's 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. | confirm that | am qualified to undertake the examination because | am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

| understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable 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.

| 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.

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TRINITY CHURCH LEP GOSFORTH

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INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

This report is made solely to the Charity's Church council members, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the Charity's Church council members those matters | am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Charity and the Charity's Church council members as a body, for my work or for this “S/ Signed: i Dated: 6 March 2026 Jon Routledge FCA

Ryecroft Glenton 32 Portland Terrace Newcastle upon Tyne, NE2 1QP

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TRINITY CHURCH LEP GOSFORTH

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

						As restated
		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	funds	funds	funds
		2025	2025	2025	2025	2024
	Note	£	£	£	£	£
Income and
endowments from:
Donations and legacies	3	177,211	13,385	-	190,596	223,112
Other trading activities	4	7,522	-	-	7,522	7,274
Investments	5	61,312	89	1,639	63,040	64,515
Other income	6	5,591	.	-	5,591	4,110
Total income and		ee
endowments		251,636	13,474	1,639	266,749	299,011
Expenditure on:
Charitable activities	7	226,929	14,866	-	241,795	318,093
Total expenditure		226,929	14,866	.	241,795	318,093
Net
income/(expenditure)		24,707	(1,392)	1,639	24,954	(19,082)
Transfers between
funds	17	(66)	1,705	(1,639)	-	-
Net movement in		See
funds		24,641	313	-	24,954	(19,082)
Reconciliation of
funds:
Total funds brought
forward		3,116,281	3,022	37,610	3,156,913	3,175,995
Net movement in funds		24,641	313	.	24,954	(19,082)
Total funds carried		Sei	i
forward		3,140,922	3,335	37,610	3,181,867	3,156,913

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 27 form part of these financial statements.

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TRINITY CHURCH LEP GOSFORTH

BALANCE SHEET AS AT 31 AUGUST 2025

					As restated
			2025		2024
	Note		£		£
Fixed assets
Tangible assets	12		2,793,224		2,799,722
			2,793,224		2,799,722
Current assets
Debtors	13	3,639		3,532
Cash at bank and in hand		412,518		381,781
		416,157		385,313
Current liabilities
Creditors: amounts falling due within one
year	14	(5,014)		(5,622)
Net current assets			411,143		379,691
Total assets less current liabilities			3,204,367		3,179,413
Creditors: amounts falling due after more
than one year	15		(22,500)		(22,500)
Total net assets			3,181,867		3,156,913
Charityfunds
Endowmentfunds	17		37,610		37,610
Restricted funds	17		3,335		3,022
Unrestricted funds	17		3,140,922		3,116,281
Totalfunds			3,181,867		3,156,913

The financial statements were approved and authorised for issue by the Church council members on 06 March 2026 and signed on their behalf by:

Alan Nicholson

The notes on pages 11 to 27 form part of these financial statements.

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TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. General information

Trinity Church LEP Gosforth is a registered charity (number 1138362), is constituted under a Trust deed and operates from Trinity Church, High Street, Gosforth, Newcastle upon Tyne, NE3 4AG.

1. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Trinity Church LEP Gosforth meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

• 2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

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TRINITY CHURCH LEP GOSFORTH

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.3 Expenditure (continued)

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 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.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Freehold property	- 4% straight line on outdoor works
Plant and machinery	- 10% straight line
Fixtures and fittings	- 20% straight line
Officeequipment	-20%straightline

2.6 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.

• 2.7 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 acquisition or opening of the deposit or similar account.

• 2.8 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.

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TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

2.9 Financial instruments

The Charity only has financial assets and financial 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Church to the fund in respect of the year..

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Church council members in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Church council members for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Donations	177,211	2,481	179,692	207,698
Church collections for external charities	-	10,904	10,904	8,814
Grants	-	-	-	6,600
Total 2025	177,211	13,385	190,596	223,112
Total2024	212,173	10,939	223,112

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TRINITY CHURCH LEP GOSFORTH

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

4. Income from other trading activities

Income from fundraising events

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Fundraising	7,522	7,522	7,274
Total2024	7,274	7,274

5. Investment income

	Unrestricted	Restricted	Endowment	Total	Total
	funds	funds	funds	funds	funds
	2025	2025	2025	2025	2024
	£	£	£	£	£
Property lettings and internal
groups	47,860	-	-	47,860	49,708
Interest receivable	13,452	89	1,639	15,180	14,807
	61,312	89	1,639	63,040	64,515
Total2024	62,539	95	1,881	64,515

1. Other incoming resources

		Unrestricted	Total	Total
		funds	funds	funds
		2025	2025	2024
		£	£	£
Other	income	5,591	5,591	4,110
Total	2024	4,110	4,110

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TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

7. Analysis of expenditure on charitable activities

Summary by fund type

	Unrestricted	Restricted
	funds	funds	Total	Total
	2025	2025	2025	2024
	£	£	£	£
General fund	214,424	-	214,424	289,163
Community Centre	10,564	-	10,564	14,759
Bequests	-	2	2	-
External collections	-	12,460	12,460	10,469
Leaving collections	-	901	901	483
Men's shed	-	223	223	139
Flower fund	-	1,280	1,280	1,300
Internal organisations	1,941	-	1,941	1,780
	226,929	14,866	241,795	318,093
Total2024	305,702	12,391	318,093

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TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Analysis of expenditure by activities

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2025	2025	2025	2024
	£	£	£	£
General fund	196,197	18,227	214,424	289,163
Community Centre	9,479	1,085	10,564	14,759
Bequests	2	F-	2	-
External collections	12,460	-	12,460	10,469
Leaving collections	901	:	901	483
Men's shed	223	-	223	139
Flower fund	1,280	-	1,280	1,300
Internal organisations	1,941	-	1,941	1,780
	222,483	19,312	241,795	318,093
Total2024	245,057	73,036	318,093

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TRINITY CHURCH LEP GOSFORTH

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

	General	Community		External	Leaving
	fund	Centre	Bequests	collections	collections
	2025	2025	2025	2025	2025
	£	£	£	£	£
Staff costs	19,380	2,073	-	-	-
Methodist and URC
assessments	122,214	-	.	-	-
Preacher and Service expenses	2,205	-	-	-	-
Office expenses	1,267	-	-	-	-
Utilities	38,229	2,298	-	-	-
Repairs and maintenance	4,193	4,913	-	-	-
Sundry expenses	8,709	195	5	.	-
External collections	-	-	-	12,460	-
Administration	-	.	2	.	-
Staff collections	-	-	.	-	901
	196,197	9,479	2	12,460	901
Total2024	217,158	13,728	-	10,469	483

Page 17

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

				Total	Total
	Men's shed	Flowerfund	Internal	funds	funds
	2025	2025	2025	2025	2024
	£	£	£	£	£
Staffcosts	-	-	-	21,453	25,428
Methodist and URC
assessments	223	1,280	-	123,717	133,823
Preacher and Service expenses	-	-	-	2,205	382
Other expenses	-	-	-	1,267	1,829
Utilities	-	-	-	40,527	41,144
Repairs and maintenance	-	-	-	9,106	24,515
Sundry expenses	-	-	1,941	10,845	6,984
External collections	-	-	-	12,460	10,469
Administration	-	-	-	2	-
Staff collections	-	-	-	901	483
	223	1,280	1,941	222,483	245,057
Total2024	139	1,300	1,780	245,057

Page 18

TRINITY CHURCH LEP GOSFORTH

SS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

8. Analysis of expenditure by activities (continued)

Analysis of support costs

	General	Community	Total	Total
	fund	Centre	funds	funds
	2025	2025	2025	2024
	£	£	£	£
Accountancy costs - governance	4,938	-	4,938	5,515
Legal and professional fees - governance	:	-	-	2/12
Insurance	6,340	1,085	7,425	7,322
Sundry expenses	451	-	451	426
Depreciation	6,498	-	6,498	57,061
	18,227	1,085	19,312	73,036
Total2024	72,005	1,031	73,036

9. Independent examiner's remuneration

	2025	2024
	£	£
Fees payable to the Charity's independent examiner for the preparation and
independentexaminationoftheCharity'sannualaccounts	4,938	5,515

10. Staff costs

	2025	2024
	£	£
Wages and salaries	19,714	22,829
Social security costs	997	1,327
Contribution to defined contribution pension schemes	742	1,272
	21,453	25,428

Page 19

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

10. Staff costs (continued)

The average number of persons employed by the Charity during the year was as follows:

Staff numbers

2025	2024
No.	No.
5	5

No employee received remuneration amounting to more than £60,000 in either year.

11. Church council members’ remuneration and expenses

During the year, no Church council members received any remuneration or other benefits (2024 - ENIL).

During the year ended 31 August 2025, no Church council member expenses have been incurred (2024 - ENIL).

12. Tangible fixed assets

	Freehold	Plant and	Fixtures and	Office
	property	machinery	fittings	equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 September 2024	2,830,589	21,634	137,556	57,318	3,047,097
At 31 August 2025	2,830,589	21,634	137,556	57,318	3,047,097
Depreciation
At 1 September 2024	41,697	10,817	137,543	57,318	247,375
Charge for the year	4,335	2,163	-	-	6,498
At 31 August 2025	46,032	12,980	137,543	57,318	253,873
Net book value
At 31 August 2025	2,784,557	8,654	13	-	2,793,224
At 31 August 2024 (as
restated)	2,788,892	10,817	13	-	2,799,722

Page 20

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

12. Tangible fixed assets (continued)

The registered title to the property lies with the Trustees For Methodist Church Purposes, Central Buildings, Oldham Street, Manchester and not Trinity Church LEP Gosforth. The £2,852,223 cost shown relates to expenditure in connection with the Trinity Centre and Trinity Square projects from 2007 onwards.

13. Debtors

==> picture [446 x 79] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Due|within|one|year| |Prepayments|and|accrued|income|3,639|3,532| |3,639|3,532|

----- End of picture text -----

14. Creditors: Amounts falling due within one year

==> picture [446 x 39] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Accruals|and|deferred|income|5,014|5,622|

----- End of picture text -----

1. Creditors: Amounts falling due after more than one year

==> picture [446 x 39] intentionally omitted <==

----- Start of picture text -----
||||| |---|---|---|---| |2025|2024| |£|£| |Other|loans|22,500|22,500|

----- End of picture text -----

16. Prior year adjustments

During the year to 31 August 2025, it was discovered that the solar panels purchased in 2019 had not been depreciated and had been allocated incorrectly to property rather than plant and machinery. Also analysis of property items identified external landscaping and exterior work had not been depreciated over its useful life. As a result, depreciation expense was understated and the net book value of fixed assets was overstated. These errors have been corrected by restating the comparative figures. The effect of the restatement on the financial statements was to reduce the general funds brought forward by £52,514 to correct the depreciation charge, and to reduced the net book value of fixed assets by the same amount.

Page 21

%

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

17. Statement of funds

Statement of funds - current year

==> picture [449 x 531] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Balance|at|1|Balance|at| |September|Transfers|31|August| |2024|Income|Expenditure|in/out|2025| |£|£|£|£|£| |Unrestricted|funds| |Designated|funds| |Community|Centre|27,907|20,326|(10,564)|(9,927)|27,742| |Internal|organisations|1,327|5,591|(1,941)|(3,285)|1,692| |Winter|fuel|allowance|1,340|-|-|-|1,340| |Legacy|11,163|-|.|-|11,163| |Dr Anne|Graham|31,021|.|.|-|31,021| |72,758|25,917|(12,505)|(13,212)|72,958| |General|funds| |General|funds|(as|restated)|3,043,523|225,719|(214,424)|13,146|3,067,964| |Total|Unrestricted|funds|3,116,281|251,636|(226,929)|(66)|3,140,922| |Endowment|funds| |Endowment|Funds-|all|funds|37,610|1,639|-|(1,639)|37,610| |Restricted|funds| |Bequests|489|20|(2)|(180)|327| |External|collections|-|10,904|(12,460)|1,554|(2)| |Leaving|collections|-|901|(901)|-|-| |Isla|fund|1,517|69|-|-|1,586| |Men's|shed|301|600|(223)|-|678| |Flower|fund|715|980|(1,280)|331|746| |3,022|13,474|(14,866)|1,705|3,335| |Total|of funds|3,156,913|266,749|(241,795)|-|3,181,867|

----- End of picture text -----

Page 22

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

17. Statement of funds (continued)

Statement of funds - prior year

==> picture [448 x 544] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Balance|at|Balance|at| |1|September|As|restated|Transfers|31|August| |2023|Income|Expenditure|infout|2024| |£|£|£|£|£| |Unrestricted|funds| |Designated|funds| |Community|Centre|27,783|20,484|(14,759)|(5,601)|27,907| |Internal|organisations|1,977|4,110|(1,780)|(2,980)|1,327| |Winter|fuel|allowance|1,340|-|-|-|1,340| |Legacy|11,163|-|-|-|11,163| |Dr Anne|Graham|31,021|-|-|-|31,021| |73,284|24,594|(16,539)|(8,587)|72,758| |General|funds| |General|Funds|(as|restated)|3,062,546|261,502|(289, 163)|8,638|3,043,523| |Total|Unrestricted|funds|3,135,830|286,096|(305, 702)|57|3,116,281| |Endowment|funds| |Endowment|Funds-|all|funds|37,610|1,881|-|(1,881)|37,610| |Restricted|funds| |Bequests|150|519|-|(180)|489| |External|collections|-|8,814|(10,469)|1,655|-| |Leaving|collections|-|483|(483)|-|-| |Isla|fund|1,441|76|-|-|1,517| |Men's|shed|345|95|(139)|:|301| |Flower fund|619|1,047|(1,300)|349|715| |2,555|11,034|(12,391)|1,824|3,022| |Total|of funds|3,175,995|299,011|(318,093)|-|3,156,913|

----- End of picture text -----

Page 23

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

18. Summary of funds

Summary of funds - current year

	Balance at 1				Balance at
	September			Transfers	31 August
	2024	Income	Expenditure	in/out	2025
	£	£	£	£	£
Designated funds	72,758	25,917	(12,505)	(13,212)	72,958
General funds (as restated)	3,043,523	225,719	(214,424)	13,146	3,067,964
Endowment funds	37,610	1,639	-	(1,639)	37,610
Restricted funds	3,022	13,474	(14,866)	1,705	3,335
	3,156,913	266,749	(241,795)	-	3,181,867
Summary offunds - prioryear
	Balance at				Balance at
	1 September		As restated	Transfers	31 August
	2023	Income	Expenditure	in/out	2024
	£	£	£	£	£
Designated funds	73,284	24,594	(16,539)	(8,581)	72,758
General funds (as restated)	3,062,546	261,502	(289,163)	8,638	3,043,523
Endowment funds	37,610	1,881	-	(1,881)	37,610
Restricted funds	2,555	11,034	(12,391)	1,824	3,022
	3,175,995	299,011	(318,093)	-	3,156,913

Page 24

TRINITY CHURCH LEP GOSFORTH

—SSEre NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. Summary of funds

Designated funds

The Trinity Christian Community Centre is a registered place of Methodist Worship, managed by Trinity Church LEP, which seeks to provide a community resource for the residents of South Gosforth. Methodist worship is held at least four times per year and rooms are rented by a variety of community groups.

Internal organisations are groups within Trinity Centre (Trinity Crafts, Trinity Toddlers and Women's fellowship) which keep their own funds within designated bank accounts. These funds are operated by separate treasurers who report their inspected accounts for inclusion within the Trinity Centre LEP annual accounts.

Winter Fuel fund is an unrestricted designated fund. There has been no movement on this fund this year. Income is in the form of donations from member's Winter Fuel Allowance, for use by the Ministry Team to alleviate hardship.

In 2016 the Church received a gift from the estate of REW Murray. This designated fund is to be used to fund new equipments, decoration or repairs/renovation. £11,163 was brought forward from 2020-21. There was no movement on the fund this year.

In 2016 the Church received £63,000 from the estate of Dr Anne Graham anda gift from her family. This was followed by a further £15,871 in March 2018 from a tax refund. The Trustees have agreed that the total of £78,871 should be held in a fund designated for particular expenditure on larger items. The balance of the fund has remained at £31,021 during the year.

Restricted funds

Bequests have been received from an number of individuals over the years. Only one fund now remains. Its use is restricted by the Methodist Church and the remaining fund totals £327.

Monies collected for external charities are shown in restricted funds. At the year end there was no money collected that had not been paid over.

Leaving collections are funds collected for staff leaving Trinity. The money is then passed to the staff member concerned and funds paid out should match funds received, leaving a nil balance. Occasionally, due to the timing of staff departure, there may be a balance carried forward to the next financial year.

Isla was a lovely 2 year old who died suddenly in 2007. A fund was set up in the memory of Isla, with a view to purchasing outside play equipment for the safe play area. At this stage, the equipment has yet to be purchased and the balance is carried forward to the next year.

The Men's Shed was set up to help men with mental health issues, which have been made worse with the pandemic. It is expected for the initiative to continue.

The Flower fund money is for the provision of flowers for Sunday service, funerals and weddings. Various members donate to it in memory of family members etc. After use the flowers are given away .

Transfers

During the year £12,000 was received from the Community Centre fund in to the General fund.

Donations by Church subsidiary groups and the church amounted to net receipts in the church of £3,285,

The Endowment fund (Miss Mattie Greenop) transferred £1,639 to the General fund (the CFB General

Page 25

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

account) representing income on the fund.

The General fund added any gift aid that could be applied for external collections. This resulted in a transfer of £1,554.

The Flower fund received monies from Bequests of £180 and it's donations received Gift Aid of £151.

Wages for the Community Centre were paid by the church and amounted to £2,073.

20. Analysis of net assets between funds

Analysis of net assets between funds - current year

	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	funds
	2025	2025	2025	2025
	£	£	£	£
Tangible fixed assets	2,793,224	-	-	2,793,224
Current assets	352,712	25,835	37,610	416,157
Creditors due within one year	(5,014)	-	-	(5,014)
Creditors due in more than one year	-	(22,500)	-	(22,500)
Total	3,140,922	3,335	37,610	3,181,867
Analysis ofnet assets between funds- prioryear
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	funds
	2024	2024	2024	2024
	£	£	£	£
Tangible fixed assets (restated)	2,799,722	-	-	2,799,722
Current assets	322,181	25,522	37,610	385,313
Creditors due within one year	(5,622)	-	-	(5,622)
Creditors due in more than one year	-	(22,500)	.	(22,500)
Total	3,116,281	3,022	37,610	3,156,913

Page 26

TRINITY CHURCH LEP GOSFORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

21. Pension commitments

The Church operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the Church to the fund and amounted to £742 (2024 £1,272),

Page 27