REGISTERED COMPANY NUMBER: 07260215 IEn9land and Wales)
REGISTERED CHARITY NUMBER: 1138459
REPORT OF THE TRUSTEES AND
CONSOLIDATED FIIIANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
SOULCHURCH LTD
Sèxty & Co
Chartered Ceitified Accountarhts
& stafvtory Auditor
124 Thorpè Road
Norwich
Norfolk
NR11RS

SOUL CHURCH L7D
CONTENTS OF THE FINANCIAL STATEMENTS
fi>r tho year end•d 31 Ma￿h 2025
Pao•
R•port otth• Trust••s
statsm•nt of Tru$tso$' Re$pon•lbll￿le$
R•port of Ind•p*ndent Auditors
10 to 12
Con•oldated Statement of Flnan¢lal Aetlvltl•s
13
Balaneè Shèet
14
Con8oldated Balance sheet
15
Con8oldat•d ¢￿h Flow Statement
16
Notes to the Consolldated Ca*h Flow Statwnent
17
Not￿ to the Flnan¢lal Statements
18 to 28

8OULCHURCH LTD
REPORT OF THE TRUSTEES
for tho y•ar gnd•d 31 March 2025
The Trust889 who arè 81so dirartors of the charity frjr the purpos9$ oflhe Companles kl 2006, presgnt Ihalr
reportwith the financial statements ol the eharity frjr the ygar ended 31 March 2025.
Thè financAO1 *atem$nts have been prepared in acLordance with th• aceounting policies 8•t out and
comply with..
Thè Companies Acl 2006
The Chanties Acl 2011
The Charities IAcco(Jnts and Reports) R8gulations 2008
The Provisions ofthe Char*ty's govemin9 documenl
Acrnunting and Reporting by Charities.. Statement ol Practicg applirablg to tharilies
preparing their acc￿Unts in aceordan¢e wth FRS 102 leffectNe 1 January 20191
Ml981on Statgmgnt
Our mission 1$ simpJe."'Lo¥e in Action,.
Our Valu•
To be'Christ-Center8d, Peopte EmpDw&ing, ou￿Ard Ftrtusèd, Llfo Givtng- outwclked vthh a of
excdlence in all w8 éo..
Wo Ar•
Based in NOrW￿h, Norfolk, forover 80 year5, SOUL Church Iforrnerly Norwrh Famity Life Church) serves
supptsrts more than 3,500 people each week through a diverse range ol church services and ￿MMUnty
projects.
We are committ•d to M￿Ing practiral, ernotional and spiritual n88ds through initialivas suc* a
early Yoarn Car•:
Our ofsted-approved nursery provldgs high-qU8ltty chlld¢8re and educalkx 1105 children enrolgd at
yèar ond) and wg 3upport a ftjrther c.250 ¢hil¢knn each week through Sunday services aThY parent-
an¢>child sesgons.
Sp8cial Educatlo￿l N•ed¥ & Dl8abllltle8 {SEND} Support:
provide tall￿ed asBiStance for Children, young people and their families. During thè y8at Wa
inve3ted in our SEND Spa￿ and 8xtendad ourcare to adutts as wo11 as childrén young peopb.
Youth & Young Adult Programm￿.
Actiwties thal inspire, equip and empower the nexl gengr81ion. This yoarwt dwdoped an after-school
dub to SUPPQrt loGal ￿h0O15 and rgdure anb"_soBial behaviour.
Comrnunlty Servlce8'.
Including a social supÈrmarket, comrnunty café, job clubs, debt 8(fvI￿, monèy management and
nutritson courses, and mental health support. Thesè 8&Nics$ arè delivered by SOUL Foundation to
vthom we provide grant funding and other resources.
Outr•a¢h & Pa•toral C•r•:
Projects addressing pc¥)r mental heaNh and wdlbwng, homekssness, loneliness and I￿latIon, and
providing pastoral support.
Pa￿1

SOUL CHURCH LTD
REPORT OF THE TRUSTEES- ¢ontlnued
r th• y•#r •ndod 31 Mlreh 2025
Wg work ￿ pathgrshi) with olh8r oiganisati)ns, i￿ludI)g..
Th• Clare 8¢hool. a spg¢iolis* institution for physic81 and sensory complex ntseds". arKI
Toon Challango, a r•sid•nbal rehabilitstion programrne for addiction recovery.
Ed￿8th"on and Je&Jershw devek)pment are central to our mi**on. Through our SOUL Lèalèrship Academy,
we offera one-year theology diploma in collaboration wilh Moorlands Co118g8, cornbining 8cad&micstudy wlth
aL*cal exp8r18n￿ and par50nal growlh. Students also participate in an annual intemats'onal mission trip.
During Ihe ye* we had 18 S￿dents from across tho UK and Over￿¥¥.
In 2024, w& relaunched our free Christmas prodijction. "The Wonderf,, a high-quality fe$tivg F*rform8n
attended by over 9,0￿ p8opi8, providing many famil￿ wilh th•if only opportunity to experien￿ a Christmas
show, th)r no charg8.
Our dasirè is to heb wpla th"Sco￿r aThJ connact wilh Josus-INing out a Iovo for God, forolhers and for life
its811 in a way that honcwrs (￿r past. impacts the present and buikls for the fijtrj￿.
08JECTIVES AND AcfMTIES
Charftsblg Obl￿ts
Tha tharitable cornp3ny's obpcts, a5 set out in its Articl•s of ASSoaat￿n, are..
1. To advan￿ the Christian faith in the United Kin9dom aTrY th? Wor￿ as the dIred0￿ Ircffl time to timè
may saa fit."
2. To relieve sickness and finanoal hardship and to promote and preserve go￿ h&alth by the provision
of funds, goods or servicas of any kind, including through the provision of counselling and support in
such parts of the Unitsd Kingdom or the wodd as the directors Ircffl time to b.me see fit., and
3. To advance educats.on in such ways and in such parts of the United Kingdom or the worfd as the
directors from ts.me to ts.me may see fit.
Our programmes and services are made available to all people Trrespective offaith or personal belief Equalty.
versity and indusion are important to us and are uThJerpinned by robust Pol￿19$, aligned to legislab.on and
rè¥t￿*d re9uL4rly.
Publle 8tn•fit
The Trustees have had regard to the Charity Commission's guhlance on public benoht {sècb"on 17 Charitss
Act 20111 when r8vb9wing the Charity's 8irns and obje¢ti￿$ and in planning fvture actiMtie5.
Our worship 8orvic••. t•achifvg *nd pastornl 8UPPOrt advano the Christian tsith lobiect 11. Our Boclal
pemiarket, community café, job club. mongy monagement and mental hoalth support help relieve
povety, financial hardship and poor health (object 21. Our nurn•ry, SEND 4upport, youth #nd Ioadgrshlp
programme8 advance e¢Jucation and person81 develorNnÈnt lobjeet 31.
The Trustees are satisfie(l that Ihe activities undertaken during th8 year have direclly furthgTed Ihe Charitys
ci>je¢ts and that SO￿ chU￿h Ltd meets the public teneffit requwements.
Pwje 2

SOUL CHURCH LTD
REPORT OF THE TRUSTEES-eontlnu8d
for th• year ended 31 Ma￿h 2025
ACHIEVEAIENTS AND PERFORMANCE
OvgThltw of A¢tlvltl•g
The Charity o)ntOlU&S to deliver a wde range ol spiritual and practical service¥ in ling with its obiecls. Each
week we host multiple Sunday services, wel¢oming on average over 1.700 people in p￿son and online. In
addthon, wg offer.
Children's and youth programm•s
Young adult project5
Music and p8rfoftnance oppothnibes
Mental health and wellbeing support
btnen's Programmes and special int•r•st group¥
SOUL Leadership Academy
A 90-plac6 nur5ary
Courses such as Alpha and other disciplèship and support courses
Summer eamps
Soci81 supermarket and communty Café
Job cl￿$ and homelessnass support
A Christmas performance Serving 9,000+ peoFI8
These projects ain to •mwwer individuals holistically spiritualty, Smotionally, socially And practic41ty
parb"cularty benefiting vulnerable and disa¢fvantaged p8oplg in our city and region.
Staff and Volunt•èr•
During thg year ended 31 March 2025 the Charty 8mpby•J 57 staff148 thJ114im& equfv8lant) ￿rO$S a ranga
of functs'ons including..
Ofst8&apKKOV8d nursary
Café and hospitalty
Student and leadership programmès
Musi¢, produdion 8n¢J communications
Finance an¢J hurnan resource¥
Sthools outreach
Child￿n.$ and youth services
Pastoral and mental haalth support
Social supermarket and c￿mmUnty cafè
Èekly church se¥vicEs
Stsff are SLFPPOrted by an 8imy ofdodi¢atsd volunteeTr trom the church and wder cThnmunfy. Our volunteer
evenings ha￿ attra¢tsd nfrarty 600 individusb, and each week at least 200 volunteers serve across a var￿ty
oltearns. It is not realisbcally possble to assi0￿ a financial vahjeto this rasourcè and no such value is included
in thes& aC￿￿nts. butthe Trustsos re¢ogni$e and are￿ee￿Yg18tefvJI for the scale and impa¢tofthi$volunte&r
conth'bjts'on.
P#rtner8hip with SOUL Foundatlon
Through partnership wth our sister charty. SOUL Foundatlon, we have continued to ￿0W our social
sup&rmarke¢, now Supports ¥pproximal&ly 1,800 members. In ad￿￿On. we providg lob club$, monoy
management and nutrition COUTses. and dedKatgJ support and signposting Servi￿$. h￿￿ng p￿Iple build
morg and hopetsl luturgs.
ere activitres are d81ivèr8d in conjunclion wlh SOLIL FtyJnd8tion, the Trusteas 8r9 mindfvl to respect the
distinct legal identity'es ol the ￿0 charities and to ensure that r8sourc8s are appli8d in line with each charity's
objects and donor intentions.
Page 3

SOUL CHURCH LTD
REPORT OF THE TRUSTEES- ¢ontinu•d
lor Ihe year endod 31 March 2025
FINANCL4L REVIEW
Fin•n¢ial P•rfornian¢• *nd Posbtlon
The Charity's financial positth durfng Ihe year remainad stiong and stabk. Incomo ￿ntsTrU8￿ to be deri￿d
primarily from voluntary giving, supplernènted by nursery incom8. tradirKJ and fvndraI￿r0 8th"wtEs.
EX￿ndIt￿re remained dosgly monitored and aliqned wth our ch8ritable aims.
A pariKular hghlight was our Heart f¢*r the lQngJom offering in Novsmbor 2024. which ra￿a in excess ol
£￿9,000. This generosity has 6nabled us to inv95tfuth8r vi our buiK*rvJ, rninratri85 and outreath. both lo¢ally
and abroad.
Ovaran, th• years finawal pèrfornw￿ has prowded 8 30hd platfc¢m for frjture rnB9￿n ¥nd rninisty, while
gn8bling us to strengthen our posiljon (see bel)wl.
Pthclpal Funding Souf¢••
The Charity'¥ prinepal ino)me streams ¢ompflSfj".
Regular voluntary glvlng (often monthtyl from (*urch attendeos 8nd olhgr supporters,.
Othor donatlons, induding one￿9￿ts. offerings at s￿￿al e￿nts and appeals.,
Nursery Ineom•, including statutory Èarty years lunding..
Income from tradlng a¢tiviti0s, induding café and events." 8nd
De¥lgnat•d lurtd-rnl•lng campalgn8. $uch as th8 Heart for the Kngdorn off8rmg.
also raise bjnds for speafic and urgent nggdg in r•sp(￿se to local, na*onal or nt&mational espnts (for
8xampl•. reswnses to War or natural disasters).
Opporknnit*s to donats are Fyovided through weekty servic05, onlin• giwng. text giving, BACS tron$fgr,
stsnding orders and an ov¢rseas partnership with TrustBrKlgelGen8rosity Foundation.
Fund Struthrg
Thè Charity holds both and testricied funds..
Unmtrlct•d fund8 are avaikbb to be spent atthg Trustsos, disc*ets'on In lurtherancg ofthe Charitys
objgcts.
R•Strict￿ fundB $ubjgct to 5P8ufic conditions imposed by donors CY grant funder8. These
indude..
Bullttlng Restrlcted Fund - rnonias received tcwards ts cost of our ¢lwrch lyji￿1rO and
related capital works
Ml8cellangou8 Restrictèd Fund
a short-term reposilw for donatw)ns res￿cted
particular appeals (balan￿ £114 at yèar èndl.
The Tnjstees e￿Ure th81 r8slrict8d funds are used only frji their sperAfièd puwès and tr7at appropriate
reeords are maintained.
¥e#lment Pollcy and ¢￿h Manaymont
Trustees are empo￿￿red. wherg appropriais wwjent, to invest funds in a manner approprialo to thè
finanoal requirements ol th8 Charity. having regard to the seajrity. liquidity and èthical eonswjeratsons of any
investments made.
No invethent as5eis10th?r than and cash equivalents) were hel(J during theffinancial ￿r. Surpluscash
is in deposit 8¢Gounts to en5ur• both seojrity aThJ avai18bilty for charitsbl¢ pu￿8•$ 8t short no*"ce.
P&2è 4

SOUL CHURCH LTD
REPORT OF THE TRUSTEES- conllnued
forth• y•ar ended 31 M*r¢h 2025
Reserves Pollcy
The ToJste8s havè •st8blishad a rn••rv•* polley to •nsur• tho Charity maintains an adequate level of fr¢0
reserves..
to provide finanthal stabilty",
to meet workino ¢apit81 requirements; 8n¢J
to act as a buff•r against fluctuats.ons in Incomè and unaxpect8d èxp8nditur8.
Tha targat ￿Val of treè rèsèrvès Is s61 at thr•• month8 of •stlmat•d total •xp•ndltur• from unrestrictèd
Jnds. This is reviewed at least annually.
At 31 Marth 2025..
The caleulat•d tsrgèt l•v•l of MsèTh•g was £576,932., and
The actual 1gv•l of troo reserv￿ h8ld wrds £609.067.
Fr88 re8grvgs are theTefore abovg tsrygt Iwel, giving a margin of safety and anabl*ig us to plan for
care￿1 invastmènt in ministry, staffing and infrastructur& while maintaining prudent reseNe8 Thè Trustees
nsidgr this level of reserves to be approwiate in light ollhg Charity'¥ profilè and ft￿re pIar￿.
Golng Concern
Th8 Trusteès have eonshlerèd tha Charity s currènt financial posrtion, reserves. cash flows, budggts and
forecasts. In light of these, and having made appropriate enquiries. the TrustÈÈs ha￿ a raasonable
exp8CtatK)n that the Gharty has adequate resources lo wnts"nu$ in OF4ratDnal existence for the foreseeabl$
luturè.
Accordingty, the finanual statBrn8nts ha￿ b8¥n pr•par8d On a golng conc•m basis.
FUTURE PLANS
Looking ah•ad, th• Trust••s int•nd to..
Continug delNg1ing our gxisting ran98 of worship 50rvic•s. disuplaship progfamme5 and communty
pyojects.,
Further develop our outreach to chikI￿n, young ￿0p10, young adults and families".
Expand our work in education arbd SEND, exploring additional opportUn￿'eS to supportd)ildr#n, young
op18 and adults with add￿t￿nal nèÈds',
Strengthen our leadership pathways through Soul Leadarship Acad8my aTrJ other d￿elOpment
ogrammes..
Invest. where resources allow. in our facilllBs anrj dioftal capabilllles to gnhance both I￿￿¥r$On and
cnlne participation, and
IA8int8in robust finaneial and governonce stondgrds, ewring wè rem81ft compliant, resilient antj
aligned wth our Christian valu8S
STrUCTURE, GOVERNANCE AND MANAGEMENT
Govomlno Do¢umwt
The Charfty is a company limlte¢J by guarantso, inc(Kporatad on 2Q May 2010 and re9iStèrod as a charity on
10 October 2010 It is govèmtd by rts Artides ofAssosation. which set out the Charity's objecis and wwers.
In the event of the Charty b￿ng wound up. members undertak¢ to contribute an amount not e￿9￿dIng £1
¢Juring thwr mornL*rship and f¢r g Pgriod 0112 months after ceasing to be 8 ffl8mbÈr
Pagg 5

SOUL CHURCH LTD
REPORT OF THE TRUSTEES. continu•d
for the year •nd•d 31 March 2025
organI￿tIOnAl Stm¢tur•
Thg Charity is governed by 8 808rd ol K)lunteer Trustse8lDire¢t¢xs, who bring a breadth ol experien￿ and
eype￿"s@ to maintain stratégic dir•cb"on, onsur8 good gov8manc8 and ovarse8 tha aff8cli￿ managèmant of
Ofganisational requirements.
DaY-t￿daY managementofthe Ch8rity'sacb"wt￿s is delegatedto the Senior Pagtor, who also serves as Chi•f
Ex•cufjv• Offic•r ICEO), supported by a ￿adership tèam and stsff of around 50 èryloyaès. Voluntèers ￿aY
vitsl role in the delivery of servi￿$ and projects.
The Trustses retsin overall responsibS11ty lor..
setting the strategie di￿￿"On.,
appro*ing budgets and major policies..
monrtoring perfomian¢o", and
ensuring that the Charity compfias with 18gal aTrJ regulatory rtquirernenls_
R•crultm•nt and Appolntm•nt of Tru$t••8
The powèr to aN>oint naw Trustèas rests wrfh thé B08rd. recruiting Trustees. the Board seeks to
maintain a balan￿d and diverse membership with a wide range of skills 8nd professional expori¢Thts that
vant tr) thè Charity's naed5.
All Trustees are active members of the thurch and generously volunts•r th&ir Im8 in d8liv8ftng sorvi¢g$ aThJ
governance responsibilities.
Now Truste8s r￿1Ve a comprehensive induction, which includes".
information on thg Charity 3 history. vision. strategic priorities and operations,"
guidanc* on iheir kgal dutss and ￿SponSibl11t1eS under charity and company 18w,' and
inti¢)du¢tions to key staff and fvlbw Trusts￿.
Trust89$ are enwur8ged to atsnd relevant trainiTrJ to keep up to dats with charity govgm8nc4, Safgguarding
and regulatory developments.
Pay and R•munernllon
The Remuneratlon Commlttee comwises a quorltm ofat kasl thr¢0 Board mernbers. It is responsib￿ for.
rev￿ng and agreeing anrnual pay awards,.
approving significant payments.,
seth.ng pay bands and bènehmark¥lwith retsrence to comparable roles intha ch8rityandwider8ecto
where appropriatsl.. and
ensuriNJ t8rnuneralion B tsir, transparent and aligned with the Charity8 v8lue8 and strateg
objectives.
Tha Tru#tees h8ve Klentified the Senior PastorlCEO and senior leadershlp roth as koy tnanagamnt
peYsonn¢l. The ReMuneratic￿ Comrnitt88 sets and reV￿W3 the remunefats'on of key man>Jement personnel
and rèlatad pJlic*s.
Senior Pastor John Norman is a Trustèe 8nd is also employed by thè Charity in an operational role.
The Trustees are miThJful of thè neèd to manage any polential rnnffic15 of interest in accordan￿ Mth Ihe
Charity's ￿nfli￿4)f-int￿re$¢ policy and the Charity Cornmission'8 guidance.
Furthèr dètsils ofTru¥teg and key man￿ementremUneratiOn, an4 ￿1?1¢d party transaction5, are disdos8d in
th8 nots8 to the financial statements.
P￿¢6

SOUL CHURCH LTD
REPORT OF THE TRUSTEES . contlnu•d
forth• year ended 31 Mareh 2026
Rolatod Pwrties and Conlllets of Inttr•Bt
The Tru5t885 maintain a register of inter0$ts and require Trustees to declare any r8lav8nt inttrasts at tha start
of aach Board meeting and as decisions arise. Trustees wth a wtèntial Conff￿t￿ithdraW trom discussron and
d8Cl￿on-Maknng on the relevant tnattor.
Th8 Board is attentive to thè Charity's relationships with connected org4ni¥alion8, induding SOUL Foundation,
to gnsure that trans8Ctions arè ttonduC￿d on an arm's lèngth ba$1$ and in Ihe best interests of the Charity.
RISK MANAGEMENT
The Trustees have overall respon$ibillty for the Charty's system of internal control 8nd for reviewing i
eff•etivgness. This includes idents"fying, èv41ua￿n9 and rnanagiThg tha koy risks faced by the Ch8rity.
A risk mgi5ter is maintained and reviewed regularfy by the Trustees and senior ￿aderShiP. This identifi95
prncipal risks, assèsses thelr likellhood and irnpact. and sets out the controls and atylions in F4ace to mrtigate
th•m.
Thg principal risks currendy h1entifigd in¢lu¢Je Ibut are not limrtgd to}..
Sofeguafding and Prol*ion ol Vulneraue People
Risk. hami to childrèn. youn9 peopleor *Jults al risk through inadoquat8 saf8guaTding
piactices.
Mi*'gats'on'. robust safagu8rding wlicie8'. safer ￿CrUItMant,. DBS cth8cks'. rnandatory
training, deslgnated safeguarding leads., ragular policy r8Vi8W.
Financial Sus¢ainabilty antj Incom? Volattlity
Risk.. reduction or fluctuation in voluntsry income and other key *?come streams.
Mitsgab"on.' activè stewardship and communrats'on with don015', dNers• incom•
sources (including nursery and tradin91'. re3grves poI￿Y', regular budget monitoring
and forècasts"n9.
Complkince and Regul8tory Risk
Risk". failure lo comply with charity. company. ernploymant, data protection or heatth &
safety law.
Mitigath)n. polici9$ and procedures," extemal pfofessioftal advice wknere appropriate,
Trustee and staff training,. ragular revw of regulatory tharrfJ•s-, usa of r•putablè
payroll and ¥¢¢tsunting systerns.
Reputational Risk
Risk.. adv&rsa èvènts, misconduct ￿ wrnmunication failures damag¥ng the Charity's
reputation and public Irusl.
Mitigation.. strong safeguarding culture.. clear codes of eA)nduct', complaints and
whisllebbwng proc8dures", tr8nsp8renl cornmunicats'ons., oversight by Tru$le85.
Dgpend&nc8 on Key Pw50nnel
Risk.. over-r•lianc• on a 5rnall nurnbgr ol l￿derS crf speck?lists.
Mitigation.. leadership development." leam-based 8tructurè8", succes*on planning..
ocumentstion and delegation of responsibilitiBS.
The Trusts&s ar8 satisfied that appropriate systems and controls are in placg to mitiwo theso and ther risk$
to an 8¢c4ptsbJ8 level, recogniwng that no system ¢gn elimlnale risk anti￿ty.
REFERENCE ANO ADMINISTrATIVE DETAILS
R•glstsred Company Number
07260215 (England and Wales)
Reglbtered Charfty NuM￿r
1138459
Page 7

SOUL CHURCH LTD
REPORT OF TrIE TRUSTEES- contSnuod
forthe year •nd•d 31 March 20215
Rogi•t8rpd Offlce
Soul Church
SS Heartsease Lane
Norwich
Norfolk
NR7 9NT
Trustee• l Directors
Mark Holl￿ger- Director
Susan KnvJhts- Director
Je McKinney- Director
Richard Nash- Director
Pastor John Norman- Director
Steven Mawston - Directoi - Resignad 21 Juty 2025
na9ern•nt L•ad
P88tor John Norman- Senior Minister and Chief Execub"¥e Officèr
Company Secrotsry
S L Ehvell
K E Evans
Appointed 23 Septambgr 2025
Ro$ign8d 23 S8pternb8r 2025
Auditorn
S8xty 8 Co
Chartered certor￿ A¢xountants & Stslutory Auditor
124 Th0￿ Road
Nomch
Norfolk
NR1 1RS

Page 8
SOUL CHURCH LTD
STATEMENT OF THE TRUSTEES, RESPONSIBIUTIES
for yoar ended 31 March 202S
Th8 Trustees (who are also ol Soul Church Ltd for th¢ purpo$&s of¢omp8ny lawl ore r9$ponsi￿O lor
preparing the Trustets. Report and the f nan¢ial 3tatements in accordance with applicable law and Unit¥d
Kingdom Accountsng Stsnd8rd$ (United lQngdom Generalty Accepted Accounting Practy"cel.
Company law 18quires Ihe Tru51ees lo prepare financial staternents for each financial year. Under that lawthe
Trustees musi not approv8 tha financial ¥tsternenls unles5 they are satisfied that they give a true and fairwew
of the state of affrairs ol the Charity and of Ihe incoming reg0w￿$ and apr4ication ol resour￿5. including
incomo and expenditure, of the Charity for that p￿0d.
In pr8￿ring these financial stat8m8nts, the Twstses ara raquir*J lo..
select suitable accounting polici8s and th9n apply them ￿)nsisten￿y",
observè the rnethods End prinuples in the Charities SORP IFRS 1021.,
make judgements and èsb"matès that aré reasonable and prudent.,
state whether aP￿ICable UK Accounting Standard8 havs boon followed, subject lo any material
departure$ disclosed and explained in th@ financial statements.. and
prepa￿ the financi81 ststements on Ihe goiro eontsrn basi$ unl•s$ it is In8ppropriateto presume that
the Charity will continue in operation.
The Tw5tees are responsible for keeping adequate accountiwJ records that are stsffieient to show and explain
the Ch8rty's trans8thons and disclose wrth reasonable accuracy at 8ny time the financial posibon of the
Charity and enablg them lo en¥urg that the financial staternents comply wf¢h the Cornpanies kt 2006. They
are also responsible lor safeguarding the assets of the Charty and hen¢e for t8klng reasonaNe steps for the
provention and detection of fraud and other irregularib8s.
In so far as each of the Trustees is awwe..
the￿ is no relevant audit infrjmiation of whth Ihe Charity's auditor is unaware.. and
each Tnjstee has taken all the steps that thèy ought to ttken as a Trustee in order to make
themselves awar& ol any r61avant a￿JIt inkKm8tion and to establish that tha Charty s auditor is aware
of that inform8ts"on.
The Trustees are re¥Jonsible for the rnaintenance and intsgrity of the cortorate and financial informab.on
induded ￿ the Ch8rrty'S W8bsits. Le91￿￿tIon in thg Unrted Kingdorn govsming the weparation and
di&88minatIc￿ ol financial statements may differ from legislation other jurisdicb'on
This report has been prepared in accord8nce with the sp￿￿al provisions of Part 15 ofthe Companies A¢t2TrJ6
relating to small companies.
.I,.I
Jprov8dbytha 8oardofTrustaèson................... .. ...
. and S￿n8d on its behalf by..
John Nornan jTru8to9

Pagè 9
REPORT OF THE fNDEPENDENT AUDITORS TO THE MEh1BERS OF
SOUL CHURCH LTD
Opinion
have audiled the mnstslidatsd financAal stakments ol Soul Church Ltd lthe '¢h8ntatAe (xJmpanYI lor the
y8ar ènd8(1 31 Marth 2025 which Lxrnprise the ConsolvJal$d Slatsment of Financial Acts'wities, the Charity
Balan￿ Sheet, the Consolhlatèd B818nca Shèèt, the Consolidated Cash Flth¥ Ststsment and notes to tt
financial ststern8nts, induding a summary of significant accounb.ng polic￿8. The fjnan¢ial reporting framework
Ihat has b6en appled in their preparation is 8pplicabl8 law and United Kingdom Accounting Stsndards,
Iduduig Financial Reporb"ng Standard 102 Tho Financial Reporting Stsndard applicabb in the UK and
Reput4ic of IrelaThY (United Kingdom G•￿[alty Acwbj Accounb"ThJ Practice)
In our opinion the finanoal statements".
give a true and fair ￿70￿ of Iha state of Ihe Ch￿itable companys affaiT¥ ￿ at 31 March 2025 and of its
incL)rning ￿$OurceS and applicalv)n of r8sowcès, including its income eXpeThjitu￿, for the year then
ended..
have been properfy prep8red in a¢cordane¢wth UnFted Kingdom GenerallyAccepted Accounting Pra¢ti¢&',
and
have been prepared in acc4xdan¢o with tho wuirements ofthe Charibes Act 2011.
8￿1$ for opinlon
VIÈ o)nductsd our audit in acwrdancg with Intsmational Standards on Audlong IUKI IISAS IUKII and
applicab18 law Our responsibilities under those stanLJards are fvjrther described in the Auditors, ￿SpOnsIbl11￿.es
for the audit of the financial 5taternents 8ection of our report. We ara indtrpendent of the charitsbb cnmp8ny
in 8c£ordane8 With the ethical requirements that we relevant to our audit of the linanck81 ststements in the UK.
inc4uding tre FRCS Ethul Standard. and have fu1fi119d our other8thical re5pon5ibiliti&s in accordance with
Ihese requitsrnÈnts. We believe that the audit eviden￿ we have obtained B suffic4ent and appropriat* to
piomde a basis for our opinion.
Conclu8lons r•latlng to golng ¢on¢tm
In auditng the financial ststemtsnts. we h8ve eoncluded that ffte trustses, use of the going concern ba￿3 of
a¢￿￿nting in tr6 preparation of the financAal statements is appropriate.
Based on the worf( we have F¢rforrnod, wtr ha* Trjt id8ntifi•d any matsri81 uncertaint￿$ relating to events or
¢ondibons that, indivh1ualty or collectively, may cast 8ignific8nt doubt on the ch8ritsble company's ability to
conb.nue as a going concern for a period of at least Iw•lv& monlhs frorn whert the finanrAal statements are
auUw)rised for iss￿.
Our responsibilities and tre re5ponsibiht￿s of the tru3tees wth to going con(*rn arg dgscrited in Ihe
re18vant sections of this ￿F{)rt.
Oth•r InfO￿allOn
The other inforffjats.on comprfses the tnfC￿ats"on ind￿je￿ in the truslees, annual report, otherthan thg finonci
tsternonts and our auditorfs r8POrt Ih&rttsn. Tr* trustees are responsible forlhe other infomats"on. Ouropinion
on the financrdl statsments does not coverthe other information and we do not express any forrn of as$ur8ncg
condu5ion th8r•on.
Our responsibility is to read the other infom8tion and, in doing so, consider whether the other Inromiat￿n is
fflaterially inconsistent with the financial statements or our knowledge obtained in the course ol the oudil or
otherwis& appears to be materially misstated. If we Klentify such material inconsistencaes or appar8nt matèriol
rni8Stat8ments, wè are requir8d to det6rfflin6 whethar this gives iige to a rnaterial rnisslatement in the financial
statements themse￿eS. 11. based on the work w8 hav8 performed, we ccfficlude that Ihgre LS a matsrial
mksstatementof this otW infomiation. we are requi￿ to repc#tthat faci.
hav9 ngthirvJ to roport in Ihis ragard.
latter* on which w• ar• T￿￿1r0d to roport by •xcoption
have nothiThJ to report in resrKct of the following matters in ￿L?tion to whith thè Charibès [A￿￿j￿￿ 8ThJ
R•portsl Regulabons 2008 require us to report to you if, in our opinion".
the information given in the trusteès. rèport is inwnsistent in any materi81 rèspect with tha finanoal
statements., or
sufficient a(rovntin9 records h8v8 not b8en kept.. or
Ihe financial statements are not in agreement witt) the ￿unting recx)rés,' or
have riot rg¢sivgd all tho inforrn8tion antj gxpl8nations wa require for our audf(.
Pag• 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SOUL CHURCH LTD-eontlnu•d
R￿POnSIbIlItI•9 of trugt808
As explained more fully in the Statement of Trustees, R•sponsibi1rt￿, the tnJstee$ (who are also the directors
ol thg charitable company for the purpts89s of company lawl are responsible forthe preparat¥)n of the financial
statements and for bÈing satisfied that they gN8 a trua and fair wew, and for suth internal control as the
trustees determinè is nea￿%5ary to enable the preparation ol financial 3tsternents thal are free froffj material
misstatsment. whether dua to frAud or ÉrroT.
In prep8rin9 the finanual statements, th• trustèès arè rèsponsible for assessing the charitable company's
abihty to ¢ontinue as a going concern, disclosing. 8$ applicable, matters related to going concern and using
the going concern basis of 8eeounting unless the trustses ¥rth8r Wrtend to liquidate the charitsbk company or
to ce85e operations, or have no realistic altemaDv¢ but to do so.
Our respon8lbllltl•s forth• audlt of the flnancial statsment8
We have been appointéd as 8uditor under section 151 olthè Chariti•s Act 2011 and repjrt in a¢cordance with
tho A¢t and rebvant regulations made or having off¢¢l thereunder.
Our obiectNes are to obtain raasona￿e assurance atM)ut whathar the financial statèments as 8 wh￿8 are tree
from malerfal misstatement, whether due to fraud c¥ errol, Bnd to i3sue a Report ol the Independent Auditors
that includ8s our opinion. Reasona￿¢ assuran￿ is a high level ol assurance, but is not a guarantaa that an
audit condurted in 8¢¢0rdance with ISA8 IUKI will 8lwsys d8t8Ct a rnat8rial misst8temenl when it exists.
Miystaternents can arise from fraud or &rror and are considered material if, individually cff in the aggregate,
they ccwjld reasonably ￿ expected to influence the economic decisions of users taken on the basis of thasè
financial statements.
Th8 exlent to whith our procedures are capable of d4gGting lffggulacilFe$, Including fraud Is delai18d below.
Irroguiiritias, inc1￿JIng fraud, aro instances of non-cx)rnF4ianco wth laws and ragulations. We desi
prO￿dureS in line with our responsibilrties. ouuined atKJve. to detect material misstatements in respect of
irT8gularitie$, induding fraucl. Thg extsnt to whlch our procedures are capable of detéeting Irreoul8rities,
includ#?g fraud i¥ detsr.led below..
We h8v¢ madeenquirieswith management regarding their procedures forcomplying wth laws and regulations
along with dotecling and provgnl fr8u¢J. IAÈ al￿ revEw minutes of rneetings and any published news artl88
to Idtsntify any instarw ol non-compliancewrth and regulations.
Evidence has been obtainèd wher8 applica￿e. Writ￿n representation has been obtained to confirmthere hav
been no breaches of laws and reguLgtions.
The audit procedures a￿ designad so that *ith rèagon8b18 assuiance, tnat8ri81 misstatamonts can be
detected, inclLKling thosè relating to fraud SFecifically. areas which invofve provisions or estimab.ons h￿e
been tested where rnat8rial.
conw¢Jerour approach to b8 reasonable for this entity.
A fijrthar dO￿P1K)n of our respOn￿bIlitieS for the audit of the financ￿1 ststernents Is localtsyj on Financial
Reporting Councifs website at vrnw.frc.org.uklauditoryesponsibilrties. This descrption forn￿ part of our
Rèport of the Independent Auditor5.
Page11

REPORT OF THE INDepeNDENT AUDITORS TO THE MEMBERS OF
SOUL CHURCH LTD- contlnuod
Use ol our report
This report is rnade solely to the tharitable ￿MpanY'S trust•es, a$ a body, in accordance wilh Part 4 of the
Charits"es (Acwunts and R8porbl Rogulations 2(JJ8. Our audit woth h88 been undortakan so that we might
statè to tha charitable company's trustees those matters we are reouired to state to them in an auditorfs report
and for no other purpose. To thg fullest extsnt pèrtnitted by law, we do not accept or assurne r8sponsibility to
anyone otherthan the ¢harit8blg ¢A)mpany and tre cha￿tab￿ comp8ny's trustses as a body. for our au(Jil work,
for this rapor( or fr)r th8 o￿n￿)n$ w6 have ￿rned.
A M Orve5 (Sènior St2kntory Auditor)
for and on behalfol Sgxty & Co
Chartered cerh.fied Accountants
& Statutory Auditor
124 Thorpe Road
NorwiGh
Norfolk
NR1 1RS
Dale..
2Q2r
Page 12

SOUL CHURCH LTD
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUN
for the y•ar •nd8d 31 IA#rch 2025
2025
Total
funds
2024
Total
fund5
Unrestricted R89triaod
fijnds
ftjnd
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,802,688
287,831
2,090,519
3,379,281
Ch•ritable a¢tivStles
Chwitablo Ath"vrty
887,934
1,114
889,048
553,406
Other Irading a¢tthtie$
Investment income
other incomg
354,625
5,575
354,625
5,575
104.715
7,078
1.014,191
Totsl
3,050,822
288.945
3,339,767
5,058,071
EXPENDITURE ON
Raising funds
33,477
33,477
28,189
Trading activity
Charitable actw
277,875
2.627.165
277,875
2 812373
41.330
1717.832
185,208
Total
2.938.517
185208
3,123,725
1,787.351
NET INCOME
112,305
103.737
216,042
3,270,720
TRANSFERS BEfwEEN FUNDS
17,190
117.19)}
NET MOVEMENT IN FUNDS
129,495
86,547
216.042
3,270,720
RECONCILIATION QF FUNDS
Total fvnds broustht forward
6.791,664
6,458,616
13.250.280
9,979,560
TOTAL FUNDS CARRIED FORWARD
6,921.159
6 $45 163
13 486 322 13 2SO 280
The notes lomi port ofth8se financial $lalemenls
Pagè 13

SOUL CHURCH LTD
BALANCE SHEET
31 March 202S
2025
Total
fund5
2024
Total
tunds
Unrestrirt¥d
lurKIs
R8slricted
fund
Notes
FIXED ASSETS
Tangiblè assats
In¥Rstments
11 8.667.721
12
6,545,049
15,212,770 15,661.638
8,667,722
6,545,049 15,212.771
15,fj61,639
CURRENT ASSErs
Debtors
Stoths
P￿Payrnents and acLrued income
Cosh at and in hand
13
170.099
3,160
10,288
170,099
3.160
10,288
897 822
1.081,369
457.157
104.914
114
114
1,081,255
848.055
CREDITORS
Amounis falling duè within on8 year
14
1510,7581
(510.758)
1829,4761
CURRENT ASSETS
570.497
114
570,611
16,579
TOTAL ASSETS LESS CURRENT
UABIUTIES
9,238,219
6,545.163 15.783.382
15.678,218
CREDITORS
Amounts falling dL* al￿r onè yèar
1S 12.324,1581
12,324.1581 12,437,fj691
NET ASS￿3
8.914.OS1
6.545.163 13,459.224
13.240,549
FUNDS
Unrestrict¢d funds
R¢5tri¢tsd luTrJs
16
8.914,061
6,545.163
6,781.934
6,458,615
TOTAL FUNDS
13,459,224 13.240,549
These financial statements have been p￿pared in accL)rdance with the provisions applicabk to charitab
¢xnpanie5 subjoct to the 8mall companios rggime.
The finan¢id $ta
ents were approved by thg Boar(l of TTustee5 and authorised for on
. and were ￿ne￿ Its behalf by..
R P Nash_ Trustèe
The noi8s form part of these financial Slats￿nts
Pagg 14

SOUL CHURCH LTD
CONSOLIDATEO BALANCE SHEET
31 March 2026
2025
Total
nds
2024
Total
fvnds
Unrestricted R•sIr￿d
fijnds
nd
Note
FIXED ASSETS
Tangibl? assets
20 8,731,971
8.731,971
6.545,049
15,277.020 15,717,608
6.545.049 15,277,020
15,717.608
CURRENT ASSETS
Stocks
Debtors
Prépaymnts and aeeru•d income
Cash at bank and in hand
9.036
71.146
14.357
933,106
1,027,645
9,036
71,148
14,357
933,220
1,027.759
516
401.775
104.914
298,422
805.627
21
114
114
CREDITORS
Amounts fallirvJ due wthin one year
1514.2991
1514,2991
1835,2861
NET CURRENT ASSETS
513,348
114
513,460
29,659
TOTAL ASSETS LESS CURRENT
UA3ILITIES
0,245,317
6,S45,163 1S,790,480 15,687,949
CR£￿TORs
Arnounts fallng due after ong ygaT
23 12,324,158)
(2,324,1￿) 12.437.669)
NET ASSETS
6,921,159
6.545,163
13,466,322 13,250,280
FUNDS
Unrestr￿ted fvnds
Re51ri¢ted funds
24
6,921,159
6,545.163
6,791,664
6,458,616
TOTAL FUNDS
13,466,322
13.250,280
Tho$9 financial stataments have been txepared in 8ceordanc& with th8 provisbJn$ aP￿ICable to charitab
companies subieGI to the 8rnall Companies iegime.
The fina
ents were 8mrtsV￿ by the Board of Trustses 8nd aulhcwi8ed fr)r Issu9 on
. and weré ggned on its behalfby..
R P Nash- Trustee
The Th)tes fom pwt of thes• financial statements
Page 15

SOULCHURCH LTD
CONSOUDATED CASH FLOW STATEMENT
for tho y•ar •nd•d 31 March 2028
2025
2024
Notes
Ca•h 114)wJ from opernlng a¢tlvltleB
Cash generated from operations
Interest Paid
1,007,915
200,808
1.845.839
14,091
Nèt cash providÈd by or*ratino adiinbès
807.107
1 831748
Ca6h flow6 from Inv•$tlng a¢Wvltl•s
Nel Disposal I (Purthasel ol fixed assets
Int8rast r6ets1￿￿
164.3731
5.575
15,805,7821
7.078
Net Cash used in In￿ting a¢tivities
58 798
5.798,704
Cash Ilovh from flnancing actlvltles
Nèt non4urrènt k)an movernent
113511
2 437 669
Net Ush provhY&d by finan¢Jng aCtI￿tieS
113,511
2,437.669
Chang0 In ¢*gh and ￿$h •quhv*l•nts
in the reporting period
Ca*h and Cash •quival•nts at th•
boolnnlng of the reportlng perfod
634,798
11.529,2871
1.827,709
C•¥h •nd ¢a$h equlvalents atthe end
of th• r•porlng porlod
933.220
The rKJtss form part ofthese financid statsments
Page 16

SOUL CHURCH LTD
Noteg to the Consoltdatèd C¥8h Flow Statement
forth? year •nd•d 31 March 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERAllNG
AcnviTIES
2025
2024
N•t Incomo for thg reportlng perfod las p•r tho Stat•mènt of
Flnanclal Actfvltlwl
Adlustmonts for=
Depreciation ¢harges
Inter&st ￿e1V8d
Profft on disposal offix8d 8ssets
Bank and other charges
Decreasellincraasal in d8btors
IDecreasellincreas• in creditor5
Decreasellincr83981 in stock
216.042
3,270,720
504,960
{5,5751
50,691
17,0781
11.011,3871
14,091
148,9581
1424,0961
200,808
378,361
1278.1611
8.520
N•t ¢a¥h provided by operatlons
1.007.915
1.845,839
ANALYSIS OF CHANGES IN NET FUNDSIIDEBTI
At 1.4.24
Cash fflow
Al 31.3.25
N•t cA8h
Cath at b3nk and in hand
298,422
634.798
933,220
298 422
Debt
Debts falling dug wtthin 1 year
Debts falling due after 1 year
1514.2991 1514,2991
113,511
2,324,158
2.437.669
2 437.669
2,838,457
Total
2 139,247
1,905,237
The notes forrn part ofthes8 financial statements
Pag8 17

SOUL CHURCH LTD
Not•a to th• Consolidat•d Flnanclal S¢atsrnont•
for th• y￿rend•d 31 Mareh 2026
AccouKfiNG POLICIES
Ba•ls of pr•parlng the Ilnanclal statgmgnts
The fin8ncaal statemènts of thé th8rit8bla compary. which 18 a public benefit enkn.ty under FRS 102.
have been prepared in accordance wilh the Charities SORP IFRS 1021 'Accounb"ng and Reporting by
Charitiès." Stai*tnent of Recommended practi￿ 8pplicable to tharitiè5 prèparing thair accounts in
accordance with the Financ481 Reporting Stsndard applicable in the UK and Republic of Ireland IFRS
1021 lelfective 1 January 20191,, Fin8nciJ Rèptsrtsng StsndArd 102 'Thè FinancA81 R&porting Standard
appliiable In Ihe UK and Republic of Ireland, and tho companios A¢t 2006. Thè finanual ststements
have been pr8P8red und8rlh8 historical costor transaction value unless otherwise ststed in the rèlevant
account.ng policy noies. Th8 finanaal statements ar? prosentsd in pounds st¢rling and a￿ rtyjnded to
the nearest pound.
Company status
Soul Church Ltd is 8 PriV8te wmpany limited by guarantee in England and ha¥ no sharè eapital. The
reyistered address ￿ listed in the trustees report
Parent ¢harfl*blo ¢ornpany
The paront ma¢Jo a $urplu$ of £218,674 12024.. £3,270,349) for th¢ year. Vn¢Jer so¢tlon 408 of th8
Companies Act 2006 the Company is exempt from the requirement to present its own statement of
finan¢lal a¢tiwti&s wthin Ihgsg ¢￿nSOl1dat¢d finan¢631 statemgnts.
Income
All income is recojnised in tre Statement of Financial Actthes On￿ tre charity has enb"tJement to
funds, it 1$ probable that Ihg inwrno will bo t?￿1ve￿ and Ihe arnounl ¢an ￿ rn9g$urgd rgliably.
Inccme from trading act'vities includes incoffE eamed from fundraising event, tradiThJ aCt￿ties to raise
nds ftsrthe thanty and trading ineomeofwholly owned sub$idiary Sr>ul EnterpriseTrading Ltd. Inwrn$
Is received in &xd)ange forsupplying goods and s&Mc8s in order to iais& hjnds and is recognised when
ontilefflonl h85 o¢¢urr8d.
EXpend￿r*
abiliknes are r8cognised aséxp8n¢Yiture as soon as th8re 6 a f8gal or constructiw oblig8￿n cofflrnitling
the charity to trat expenditure, it is probabk that a transfrr of economic bènafits will bè raquirad in
setuetnent and the amount of th8 obligation bg rneasured reliably. Expen¢ilure is a(xt)unted for on
an acc￿￿91$ basis and ha5 been classified underheadingslhat aggregateall (xstielated to the category.
re costs cannot be directly attribut8d to p8rbcular h•adings thèy havg begn allo￿ted to a¢ts"wtig$
on A b8sis ￿[￿SIStent with the use of resources.
Ral*lng fund8
Costs of generat'ng income are those incul￿d in seeking voluntary corbtributions and 0th8r incom8
genèrab"on, for ￿8mple. the ¢osts associated with njnning events.
Support eo8ts
Support costs indude the central fiJn£*c￿5 of finanL¥, human resour￿$. inf0m￿tIon technology,
extemal relats.ons and general administration.
G0￿man¢• to#ts
Governan￿ Costs include those incltrred in Iha go￿rnanc￿ of thg Charty and its assets aThJ are
primarily ?sso¢iatod with ¢on$bttrtional and stabjtory requirements.
Pag¢ 18

SOUL CHURCH LTD
Note¥ to th• Con•olidat•d Financial Stat•rn•nt• . contynu•d
for tho yèar •nd•d 31 Mareh 2020
ACCOUNTING POLICIES- continu•d
T¥ngiblo fbxod ass•t•
Fixtures and ffttings and motor vehides are stated at cost less depreuation. Freehokj property
property addth.ons arè slatèd at repl8cem8nt C05t. Assets are ￿FHtal1Sed wh8n th& value of the assot
orgroup ol assets acquired lor a single purp)se costs at least £1,000. Depreciation is provided at Tales
calculated to wnte off the cost ol fixed assots, loss their ost'mated r8sidual value, ovw their axpected
U89fv1 lives on the folh)wing bases..
Freehold prcperty
Propolty additions
Fixtures and fitb'ngs
Motor ¥8hiclos
Planl and tnachinwy
- 2% on c08t
- 20% on cost
25% on reducing balance
- 25% on cost
- str8ighl line over 3 ye8rs
Taxatlon
The charty is exempt frorn cuporath'on tax on its chartsble activities. The charty's 100% 1)wned
subsidiary Soul Enterprise Tradin9 Ltd is not exernpt and therefore pays eorporats.on tsx at the rnain
rate.
Value added tsx
The charff¢able company is registered for VAT. Any irrecoverable VAT is charged as an expsnsè against
the activty lorwhich expendrture arose.
Volunt•er h01p
Thg valug of ony voluntsry help re¢eNed T$ not in¢lu¢Jod in Ihg flnan¢ial $tstgm8nts but is desuibed in
the trustees annual report.
Fund ae¢ountlno
unreslr1￿ed funds w bg Used in awOrdan￿ with Ihg ¢harilabl8 obj"￿t￿eS at the discrebon of thè
trustees. Designated fvnds r￿mplISe unrestricted fvnds that have been set aside by the trustees for
partiGular purposgs.
Restrirted funds can onty be used for parbcular restricted purp05e$ wlhin thg obj8Cts of the Charty.
Restrictionsarise when sperjfied byttte donor orwhen fvnds are raised for particular reStr￿ted purpose.
Further explanation of Ihe nabjre 8ThJ purpose of each fvnd is incltyyed in the rths to the ffinancial
statements
D•btor8 and cr•dltors rocolvabl• I payablo wllhln one year and Long terrn loa
Dgblorn and ¢rèditois with Stat￿ intwestrate and receivable orpayabbwithin oneyearare recorded
at transaction prica.
Long term ltsans arè initkqlly mèasured at bznsaction price and subsequentty rneasu￿ at amorb5ed
C05t using thg effective interest mgthod.
Hlrn pureha8• and l•a8lng ¢ommltmonts
Rents1$ paid under operating IÈ85ès aré tharged to thè Statement of Financial Ath"wties cm a straI￿t
lin* basis over the period of the lease.
P•nslon costs and oth•r post-retlremgnt benollts
The charitable company operatès a dèfvad contribution pension scheme. ContrbutKJns payable to
the charitablè eompany's pension scherne are charged lo tho Ststement of Financial Adiwbe5 in the
Fgriod to which Ih•y re￿e.
Pagg 19
continued...

SOUL CHURCH LTD
Not•s to th• Conaolidated FIn•n¢￿1 Stat•m•nts - eontlnued
lorth• y•8r •nd•d 31 Mor¢h 2026
ACCOUNTING POLICIES- contlnuad
Golnq concom
Thè financial 3tatements have b8en pr8pared on 8 going COn￿M basis as the truste9$ bel*v* that no
aterial uncertainb'es exist. The trustees have wn8idered the level of fuThJs held and tre èxp8et8d18￿1
of income an¢Y axpendittjre for 12 months Irorn auth0ri5ing th9se financial ststements. The budgatsd
income and expenditure is sUffiC￿nt with the le￿1 ol reserves for the charity to be ablè to unb.nue as
8 going o)n¢em.
DONATION8 AND LEGACIES- GROUP
2025
2024
Offerings aThJ gifts
Grft awj
Grants
1,881,326
213,317
15,876
3,15fj,526
221.972
781
2.090.$19
3 379.281
OTrIER TRADING ACTIVITIES- GROUP
2025
2024
Evènt tid(èt 5818s
Soul Enterpr￿e Trading Ltd
Staff costs recharged- Soul Foundat'on
27.944
211,308
115,373
354,625
33.294
70,821
104,115
OTHER INCOME- GROUP
2025
2024
Gain on di$pos81 of fixed assets
1,014,191
INCOME FROM CHARITABLE ACTIVITIES- GROUP
2025
2024
Aetivty
Café. books and resour¢48 Charitabb Acb"vity
Pre-s¢hool ¢hihj￿n
Charitable Acts'wty
Sundry incoma
Charitable A¢ts"wty
712
528,628
830,955
57.413
889.048
553.4(
CHARITABLE ACTivmES COSTS- GROUP
Dirè
Costs l$ee
note 71
Support
costs (see
note 81
Totals
Charitable Ath"v
2 812.373
P8ge 20
ciJnthue(l...

SOULCHURCH LTD
Mots• to Iho consolldatod Flnanclal Stat•m¢nts - Contlnued
forth• yèar •nd8d 31 March 2025
DIRECT COSTS OF CHARITABLE ACTIVITIES- GROUP
2025
2024
Trustees, wmuneration etc
Staff ¢05ts
Rgnt of premises
Insurance
LvJht and heat
Tel&plK)ne
Pastoral we usts
Sundrie5
Global missions
Ministry purchases Ifoodl
Travel and subsislence
Ministry contractors
36.972
999,006
32.581
47,375
104,245
3,078
3.357
62,915
134,098
55.892
131,201
127.469
35,472
804.943
28.894
28.520
128.425
9.168
2.601
44,598
140.5
35.824
81,559
86,374
111
Conferènce costs
Hire ol •qUiFrnent
Donations, gifts and flowgrs
Hontsrariums
Printing. advoi*sing and putlicity
Cleaning and hy9￿ne costs
Water
Maintenan
Small equipment purchas05 and repair
Training and developmant
Hosting expenses
Securty, he8lth and 8afety et
Supply teachers
anagement ov8rhèad$
36,419
29,112
44,698
22.731
20,189
43.995
3,032
37.103
88,755
7,125
10,108
4,916
8,987
13.077
37,635
9,292
13,880
1fj.943
8.337
19.735
38,802
8,738
10,815
1.913
3,540
2 066 370
1,618,368
SUPPORT COSTS- GROUP
Ma￿ageMent Governance
costs
Totals
Charitable ActNty
530,859
530,859
215,144
215,144
746,003
748,003
Suppo1 costs, included in the above, are as folows".
2025
Total
Actiwti•s
2024
Total
activ￿•S
Trustees, rwnuneration etc
Postage and stationary
subsith.ary tax
DÈprÈc18tion of tangible assets
Auditor3, remuneration
Audrtors, remuneration for audit work
Prolesgonal fees
Los5 on 5819 of tangible fixed as5els
Interest payabl• and similar tharg8S
18.488
7.414
17,738
5,310
504.959
7,500
50,691
6,950
550
1,312
2,824
14,091
5,357
200,808
99,464
Pag8 21

SOUL CHURCH LTO
Notss to the Conaolid•ted FlnancL41 Stat•m•nt•- eontlnugd
lor th• y￿r gnded 31 March 2025
TRUSTEES. REMUNERA TION AND BENEFITS- GROUP
The Arb'cles of Association alk)w the tfU8tees to rècèiv8 ramuneration Irom th? ¢harity.
During th& year or* trustee was an employee of the charity in which capacity they received salaries of
£49.29512024.. £47,859) and pension ¢ontribulitsn$ of £81612024.. £NILI - no tru$ts6s received any
paym8nts for ￿tIng a5 5uth.
Tru#t8•s' •xp•n$e•
Jrin9 ￿ y•ar, expense payments of £NIL12024.- £ NIL) We￿ paid to the truste68.
10. STAFF COSTS- GROUP
2025
2024
Wag¢s an¢J salaries
Social security costs
Othèr wnsion costs
959,458
73,963
21,045
780,221
59,59S
18 334
1 054,464
858 151
Thè 3￿ra9* rnonthly number ofemployges durirvJ the y•arwas as follows."
2025
2024
Employee6
61
50
No emFYoyees receivèd èmolurnents in excess of£80,(KN).
11. TANGIBLE FIXED ASSETS. CHARITY
Fixtures
and
fithngs
Freehokj
proparty
Motof
vehides
Totals
COST
At 14oril 2024
Additions
Dispo$815
14.940.901
2.039
1,483.524
39,964
51,475 16,475,9DJ
42.003
At 31 March 2025
14,942,940
1,523,488
51,475 16,517,903
DEPRECIAnON
At 1 April 2024
Charge lor year
Eliminated on disposal
295.463
271,950
467,324
218,921
51,475
814.262
4g),871
At 31 March 2025
567,413
686.245
51,475 1.305,133
NET BOOK VALUE
At 31 March 2025
14,375,527
837,243
15.212,770
At 31 Marc* 2024
14 645.438
1.016 200
15.661.638
Induded in freth0￿ property is freehdd laThJ valued at £1,050,000 {2024 - £1.O5Q,OC￿} which 15 not
depreciated.
Page 22
nlinued...

SOUL CHURCH LTD
Mot•8 to thg Consolldatad Fln•ncl•l Statsmonts- continugd
for th• yèar ond8d 31 March 2025
12. FIXED ASSET INVESTMENTS- CHARtr
Sh8re¥ in
group
undertaking
MARK￿ VALUE
At31 Marth 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
Thérè were no investment assets out5id8 the UK
The ￿￿panY'S investments al the balance sheet date in the sharèeaprtal of¢ompgnlès induda th¥
following..
Soul Enterprl8e Tradlng Ltd
Registered office.. Soul Church & Nur5•ry, 55 H￿arts￿se Lang, Norwith, NR7 9NT
Natura of buginèss.. Tra(fjno
Class ol share-.
Ordinary
holdiig
100
2025
2024
Aggregat6 capital and r8save8
7,100
9,732
Soul EntèrFvi* Tigding Lirniled wa8 incorpcwated on 4 December 2017. Trnding in the subsidiary
mpany comrnenced on 1 April 2018.
Soul Enterprise Trading Limited is racA)gnis8d as a subsidiary duè to Soul Church 8x•rting control via
ovming 100% 01 the ordinary sha￿9 and voting rights.
Soul Enterprise Trading Limited is exempt from lh& r￿Ju1(eMentS ralgling to Ihe auditof aecounts under
saction 479A of thè ctmnpan￿S Act 2006.
Soul Enterprise Trading L1rni￿￿ is included in these c(nsolKlated financial statements.
11 DEBTORS: AMOUNTS FALLING OUE WITHIN ONE YEAR - CHARITY
2025
2024
Tradè ¢ebtors
Amounts owed by group underkkings
O¢her debtors
61,773
108,326
403,782
52,372
170,099
457 157
Page 23
contffiued...

SOUL CHURCH LTD
Notes to the Con¥olldated Financi81 Statements - contlnued
forth• y•ar ￿nd￿ 31 Mar¢h 2025
14. CREDITORS: AAIOUNTS FALUNG DUE IMTHIN ONE YEAR . CHARITY
2025
2024
stewardship loan
Trade creditors
Soeial security and othgr tsxes
0th8r ueditors
Accruals and dèfèTrd inco
95.108
18,944
17.456
89,191
48,702
20,236
442.808
228,539
379.250
510,758
829.476
Is. CREDITORS: AMOUNTS FALUNG DUE AFfER ONE YEAR - CHARITY
2025
2024
Stewardship loan
2 324 158
2 437.669
2 324,158
2,437,869
The Stewardship loan ind￿Je$ aggregate amounts of £1,888.45812024- £2.029.0791 which f811 due
ofter five years and wh￿h a￿ payable by instalments. Tho loan is s&oJrg¢ by way ol a fixed charge
8gains1 the land and property at Heartse8se Lane.
16. MOVEMEMTIN FUNDS-CHARITY
Net
movement
in funds
At
31.3.25
At 1.4.24
Unmtrlct•d fvnd•
G•n&ral fijnd
8,781.934
132,127
6,914,061
Rostrictod lund•
Restricted
6,458,615
B6,548
6,545,163
TOTAL FUNDS
13,240,549
218,675
13,459,224
Net mo*Th￿At in ftmijs. included in tho at)oNe are 88 lollows..
Incoming
Resour￿9
m0ven￿nt
In fuThYs
expended
Transfer8
Unrn$trict•d funds
Unrestricted
2.9Cfj.113 12,791.176)
17.190
132,127
Rèstrietsd funds
Restricted
288,945
1185.2071
I17,1￿}
88,548
3,195,058
,976,383
218,675
Pag6 24
continued...

SOUL CHURCH LTD
Note• to the Con*olldatod Flnanclal Statements - contlnued
for the year ended 31 March 2025
16. MOVEMENT IN FUNDS . CHARITY . continued
Comparatbve for mtsvement in lund5'.
movement
in fvnds
At
At 1.4.23
UnroBtrictsd fund¥
General fvnd
5,729,690
1.052.244
6.781,934
Restr4Cted fund?
Restrictod
4,240,510
2,218,105
8,458,615
TOTAL FUNDS
9 970 2CK)
3 270 349
13240549
Comparative net movement in fvnds, included in the above as folltrws..
Incoming
Resource
Resources
expgnd$d
Movgmgnt
In fvnds
Trgnsfers
Unrn$lrl¢tod fund¥
Unr•stricted
3,296,905 19.723.931)
{520,730} 1,052,244
Restrleted funds
Restricted
1,704.887
17,3121
S20,730
2,218,105
5,CK)1592
1,731243
3,270.349
A ujrrent year 12 months and prior year 12 months comtsned position is 85 follows-.
Net movement
In funds
At 1.4.23
Transf8rs
At 31.3.25
Unrestricted fuThJ•
Gen8ral fund
5,729,690
1.887.911
1503,5401 6.914,061
R•otrfct•d fund•
Réstrcted
4,240,510
1.801,113
503,540
6,545.163
9 970,2(X)
3 489 024
13459224
thin the r#stn"thd fvnd balan¢8, £6,527,973 relates to the new ¢hurch.
P8g$ 25
Continued...

SOUL CHURCH LTD
Not•4 to th• Con•olldat•d Fln¥ncl¥l Statem￿ts . contSnued
for tho ygar ond•d 31 March 2025
16. MOVEMENT IN FUNDS . CHARITY- contlnued
A oJrr•nt ￿#r 12 rnonth$ and prior y*8r 12 month$ ¢ombin¢d net mvemenl in fvThJs. Trnd￿d in tho
above ale as follows..
In¢oming
R$sourcès
Resources
èxpÈndèd
Mgvement
In ftJnd$
Tr￿5[￿r5
Unr•$tri¢1Od fvnd¥
UnrestriLtsd
6,203.018 (4,515.1071
1503,5401 1.184,371
Rg¥trfrtgd lund¥
Restn"cted
1.993,632
1192.5191
503.540
2,304.653
8,196,fj50
4,707,626
3,489,024
17. EMPLOYEE BENEFIT OBLIGAnQN8- GROUP
The charity operates a d8fin8d contribution pension plars for its employees. The amount recognised as
an expense in the peiiod was £21,04512024." £18.3341. The defined eA)ntribution expense is allocatsd
to unr•strict8d funds and charitab18 ath'wts'e8.
18. RELATED PARTY DISCLOSURES
Soul Foundation ltharity number 11509121 is a rdated party due to having tru%te8s in o)mmon. At I
year-end there was an outstanding cre(Jitor balance of £6,60912024 debtor £13.1291. The transac￿on$
during the period co￿lst ol g¥pense recharges and donations to Soul FoufidatDn.
S￿1 Ent•rwi5e Tra￿￿g Ltsl Icompany nurnber 110931041 is a wholly owned sthidiary ol &)ul Churth
Lbj. At thg year-end there was an outstanding debtor balance tsf £108,326 12024 _ £65.5011. The
transactions ¢Juring the p8r40d consist largely ol expense recharges relab.ng to the Soul Cal&.
19. ULTifuTE CONTROLLING PARTY
The tharitsble company is controlW by the trust￿.
Page 26
eontinuéd...

SOUL CHURCH LTD
Nots# to the Con•olidated Flnanclal Stat•m•nts - c<>ntinupd
lorth• y•or •nded 31 March 202S
TANGIBLE FIXED ASSETS - GROUP
Freghold
propety
Fixtures
& fiits.ngs
Motor
vohieJè$
Plant &
machinery
Totsl$
COST
At 1 Aptil 2024
Additions
Disposals
14,940.W1
2.039
1,483,524
39.9fj4
51,475
62,097
22.370
16.537,997
64,373
At 31 March 2025
14,942.940
1,523.488
51.475
84,467 16,802,370
DEPRECIATION
At 1 April 2024
Charge for year
Ellmknated on disposal
295.463
271,950
467,324
218.921
51,475
8,127
14,090
20,389
504,961
At 31 March 2025
5e7,413
686,245
51,475
20,217
1,325,350
NET BOOK VALUE
At 31 March 2025
14 375,527
837,243
84,250 15.277,020
At 31 March 2024
14,645,438 1.016.200
55,970 15.717 608
Induded in fre9hold property is freehold land valued at £1,050,00012024- £1.050,Q)01 whKh 1$
not dep￿lated.
21. OEBTORS.. AMOUNTS FALLING Due WTHIN ONE YEAR -GROUP
25
2024
TrAde debtors
71.146
401,775
71.146
22. CREDITORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR - GROUP
2025
2024
Stewardship loan
Trade creflrtors
Social ￿e￿rty an¢J other tsxes
Other creditors
Aeciuals and dgfarr8d ii¢omè
95,108
21,841
17,456
89,191
50.633
24,112
442.811
228.539
379,894
514,299
835.286
CREDITORS: AMOUNTS FALLING DUE AFfER ONE YEAR . GROUP
2025
2024
Stewardship loan
2.324.158
2,437,689
2,324,1S8
2,437,669
Page 27
conb"nued...

SOUL CHiIRCH LTD
Note• to the Consolidated Financial Stat•m•nts . continued
for th• yoar •nded 31 March 202S
23. CREDITORS: AhlOUNTS FALLING DUE AFfER ONE YEAR - GROUP- ¢onUnu•d
The Stewardship loan includes aggregate amounts of £1.888.45812024- £2,029.0791 whith f811 due
after fi¥e years and which 8r8 pay3ble by in3ts1ments. The loan 18 secured by way ol a fi'xed charge
against the land and pro￿rtY at H8arb8a58 Lan&.
2& ANALYSIS OF NET ASSETS BETWEEN FUNDS- GROUP
2025
Tolal
Funds
2024
Tot21
Funds
Unrestricted
fund
Restricted
lunds
Fi¥ed a55ets
Net current assets
Non-cutrent liabiltbes
8,731,971
513.346
324.1581
6.545,049 15,277,020
114
513,460
2 324.158
15,717,608
129,6591
2.437.669
6921 159
8545 183
13468322
13250280
Page 28