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2025-12-31-accounts

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

Charity number: 1138562

THUNDERSLEY CONGREGATIONAL CHURCH

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 6
Independent examiner's report 7 - 8
Statement of financial activities 9
Balance sheet 10
Statement of cash flows 11
Notes to the financial statements 12 - 27

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025

Trustees D Turner, Senior Minister R Keeler, Associate Minister G Annan S Harrison S Rogers I Rudd, Treasurer C Wingham Charity registered number 1138562 Principal office Kenneth Road Thundersley Essex SS7 3AL Website address www.thebeacon.org Deacons T Ward S Wingham S Donnell Accountants MWS Accountants Limited Chartered Accountants 4 Chester Court Chester Hall Lane Basildon Essex SS14 3WR Bankers National Westminster Bank plc 29 East Walk Basildon Essex SS14 1HD

Page 1

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

The Trustees present their annual report together with the financial statements of the Charity for the 1 January 2025 to 31 December 2025.

Objectives and activities

a. Policies and objectives

The principal purpose of the Church is the advancement of the Christian faith according to the principles and usages for the time being of Congregationalism and in accordance with any specific requirements in the Foundation Trusts.

The Church may also advance education, relieve need and carry out other charitable purposes in the United Kingdom and other parts of the World.

In setting objectives and planning for activities, the Trustees 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)'.

b. Activities undertaken to achieve objectives

The Church maintained a Christian witness throughout the year and continued to provide both books and food through the Little Pantries & Little Libraries situated in Thundersley. It also gave some support to the people of rural Sri Lanka who had lost their homes due to severe flooding, whilst continuing our financial and prayerful support to Christian work in Brazil, Romania and via Compassion, children around the world in need of care, love and security.

c. Social investment policies

The Church does not have a social investment policy but its activities cover a wide range of age and interest’s groups within the local community.

d. Grant-making policies

The Church is not a grant making trust.

e. Volunteers

The Church has always encouraged members to be involved in the ministry. In addition to paid positions, a significant number of members give generously of their time and skills, to support the various ministries, as volunteers.

Page 2

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

a. Key performance indicators

Although the Church is not a commercial concern, it has an annual budget which is discussed and agreed by not only the Trustees, but also by the membership. This is then monitored and reported on regularly during the year. The spiritual life of the church is more usually seen in attendance and effective Christian witness.

b. Review of activities

During the year, the church re-organised the Sunday morning services, to make room for the increased attendances. This included adding a crèche and childrens work facilities to the 9am service, to enable parents with young families to take the earlier service which now reflects the style of the existing 11am service.

The 7pm evening services were re-focussed on two spiritual themes - “The Armoury”, a time of deeper study of the Bible and Christian living and “Encounter”, a time of praise and worship for all ages. Both have subsequently seen an increase in numbers.

The school’s work has continued to be received by many of our local primary schools, as has the mentoring support offered to a nearby senior school.

Both our Easter Fun Day and the annual autumn Beacon Festival were well attended by the local community, with the whole church complex again being fully utilised.

In all the activity, the church members have been reminded that our core purpose is to introduce people to the truth of Jesus Christ and the new way of living that He offers.

We continued to hold an autumn Alpha course, and 4 people were later baptised by full immersion, after publicly stating their acceptance of His offer of forgiveness and their commitment to take up this new lifestyle for themselves.

At the beginning of the year, it was agreed to appoint a new Pastoral worker to support those who could not regularly attend Sunday worship, or who might be isolated for one reason or another. A key teaching of Jesus is that God’s love and mercy is not located simply in a building but in his people and should be shown accordingly. Visiting those in care homes, or in hospital or in their own homes is a part of this ministry and has been received well during the past year.

A full outline of all our regular activities is available on our website, www.thebeacon.org.

c. Factors relevant to achieve objectives

As previously mentioned, the church is blessed by committed volunteers, sharing in the ministries, both in time and finance.

d. Fundraising activities and income generation

During 2025, the church did not hold simple fund-raising activities. However, a Fund raising team of members is to be established, to plan and guide our strategy for the future building project, to accommodate a church able to seat a greater number of people and the growing weekday ministries.

e. Investment policy and performance

The church holds cash at bank and has not developed an investment policy. It does have two Manse properties which at present, are let by a local Estate Agent, at rates agreed with them, to people from our locality. .

Page 3

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The Trustees have set a policy of retaining reserves for the foreseeable needs of the Church so that the free reserves (general funds) are available to meet the costs of the normal running expenses of the church and to ensure that commitments entered into can be met. The required level of free reserves is not set at a specific formula.

The free reserves of the Church at the year end date was £171,452 (2024: £150,282).

c. Material investments policy

As shown in the notes to the Accounts, the Church only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. It does not have a material investments policy.

d. Principal risks and uncertainties

All major insurable risks are subject to normal Churches and employer's insurances. Contractual risks are reviewed before being entered into to assess that they could not significantly impact upon the Church's ability to fulfil its objectives. An annual review of all areas of risks is undertaken by the Trustees in conjunction with staff and volunteers responsible for the area of activity.

e. Financial risk management objectives and policies

The church has a separate Finance Team who monitor the church budgets and trends and who report to and advise the Trustees.

f. Principal funding

The principal funding sources of the charity are the donations received from members of the Church throughout the year.

g. Annual review

We have been blessed by an increase in regular giving from our members, which has enabled us to cover all our expenditure.

For this, together with the continued willingness of so many of our members to take responsibility as volunteers for various ministries, we give thanks to our Heavenly Father.

Page 4

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

a. Constitution

Thundersley Congregational Church has been a registered place of worship since its formation in 1906 and since 2010, has been registered by the Charity Commission as a UK Charity (no 1138562).

An Approved Governing Document provided by the Congregational Federation Limited and adopted by the Church, confirms that the Ministers and Elders are the managing Trustees of the Charity.

b. Methods of appointment or election of Ministers

The day-to-day operation of the Church is governed by a set of Rules (adopted by the Church in March 2013) which states the conditions of membership and arrangements for the appointment of Ministers, Elders and Deacons.

c. Organisational structure and decision-making policies

The Elders of the Church are the Managing Trustees and they oversee the whole church ministry.

d. Policies adopted for the induction and training of Trustees

All Trustees must meet the Biblical standards, comply with the church Safeguarding Policy and Statement of Faith, and be appointed by a meeting of the church members. External support/mentoring is provided as appropriate or legally required.

e. Pay policy for key management personnel

The remuneration of Ministers and salaries for the team, is guided by national denominational recommendation, government legal requirements and decision of the church members.

f. Related party relationships

Trustees are required annually to complete the Church Disclosure of Interests form.

g. Trustees' indemnities

The church has no qualifying third-party indemnity provisions.

Plans for future periods

A major significant consideration is to be able to create space for the increasing membership/attendance. Discussions have been held with Architects who have reviewed our property needs and potential development with the aim of a future building project to accomodate an expansion of the Church in order to seat a greater number of people and the growing weekday ministries.

Page 5

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' 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 Trustees 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 Trustees are required to:

The Trustees 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 Approved Governing Document provided by the Congregational Federation Limited. 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 Trustees on 27 April 2026 and signed on their behalf by:

C Wingham

Page 6

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

Independent examiner's report to the Trustees of Thundersley Congregational Church ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2025.

Responsibilities and basis of report

As the Trustees 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').

I 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 I 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. I confirm that I am qualified to undertake the examination because I am a member of the 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.

I 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.

I have completed my examination. I 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Page 7

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed:

Jonathan Gorridge FCA

Dated: 28 April 2026

ICAEW

MWS Accountants Limited

4 Chester Court Chester Hall Lane Basildon Essex SS14 3WR

Page 8

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
320,156
160,795
84,420
2,675
568,046
537,140
537,140
30,906
2,565,281
30,906
2,596,187		 Restricted
funds
2025
£
5,939
-
-
-
5,939
7,715
7,715
(1,776)
7,085
(1,776)
5,309		 Total
funds
2025
£
326,095
160,795
84,420
2,675
573,985
544,855
544,855
29,130
2,572,366
29,130
2,601,496		 Total
funds
2024
£
321,961
153,943
62,218
2,745
540,867
504,718
504,718
36,149
2,536,217
36,149
2,572,366

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 12 to 27 form part of these financial statements.

Page 9

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
14
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
15
Unrestricted funds
Designated funds
15
General funds
15
Total unrestricted funds
15
Total funds		 9,999
415,192
425,191
(8,999)
2,424,735
171,452		 2025
£
2,185,304
2,185,304
416,192
2,601,496
2,601,496
2,601,496
5,309
2,596,187
2,601,496		 8,628
384,845
393,473
(12,737)
2,415,000
150,281		 2024
£
2,191,630
2,191,630
380,736
2,572,366
2,572,366
2,572,366
7,085
2,565,281
2,572,366

The financial statements were approved and authorised for issue by the Trustees on 27 April 2026 and signed on their behalf by:

D Turner

I Rudd

The notes on pages 12 to 27 form part of these financial statements.

Page 10

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025

Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 12 to 27 form part of these financial statements		 2025
£
30,347
-
-
-
30,347
384,845
415,192		 2024
£
40,505
(3,894)
(3,894)
-
36,611
348,234
384,845

Page 11

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

1. General information

Thundersley Congregational Church is an unincorporated charity registered in England and Wales. Its principal office address is Kenneth Road, Thundersley, Essex, SS7 3AL.

2. 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.

Thundersley Congregational Church 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.

Page 12

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

2. Accounting policies (continued)

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.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Charity's accounting policies.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

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.

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.

Page 13

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

2. Accounting policies (continued)

2.4 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 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 - No depreciation
Motor vehicles - 25% reducing balance method
Fixtures and fittings - 25% reducing balance method
Freehold improvements - No depreciation

2.5 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.

2.6 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.

2.7 Liabilities and provisions

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.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 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.

2.9 Pensions

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

Page 14

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

2. Accounting policies (continued)

2.10 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees 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 Trustees 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
funds
2025
£
Donations
Loose cash offerings
64,160
Envelopes and standing orders
171,816
Gift aid tax recoverable
36,639
Specific fund and sundry income
47,541
Subtotal
320,156
Total 2025
320,156
Total 2024
315,619		 Restricted
funds
2025
£
-
-
-
5,939
5,939
5,939
6,342		 Total
funds
2025
£
64,160
171,816
36,639
53,480
326,095
326,095
321,961		 Total
funds
2024
£
55,936
173,920
35,017
57,088
321,961
321,961

Page 15

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

4. Income from charitable activities

Income from charitable activities - Pre-School
Total 2024
Investment income
Investment income - local investment properties
Total 2024
Other incoming resources
Other income
Total 2024		 Unrestricted
funds
2025
£
160,795
153,943
Unrestricted
funds
2025
£
84,420
62,218
Unrestricted
funds
2025
£
2,675
2,745		 Total
funds
2025
£
160,795
153,943
Total
funds
2025
£
84,420
62,218
Total
funds
2025
£
2,675
2,745		 Total
funds
2024
£
153,943
Total
funds
2024
£
62,218
Total
funds
2024
£
2,745

5. Investment income

6. Other incoming resources

Page 16

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

7. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2025
£
Church
395,251
Pre-School
141,889
537,140
Total 2024
498,707		 Restricted
funds
2025
£
7,715
-
7,715
6,011		 Total
2025
£
402,966
141,889
544,855
504,718		 Total
2024
£
369,182
135,536
504,718

8. Analysis of expenditure by activities

Church
Pre-School
Total 2025
Total 2024		 Activities
undertaken
directly
2025
£
400,662
141,889
542,551
502,498		 Support
costs
2025
£
2,304
-
2,304
2,220		 Total
funds
2025
£
402,966
141,889
544,855
504,718		 Total
funds
2024
£
369,182
135,536
504,718

Page 17

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Depreciation
Ministerial costs
Outreach team costs
Training costs
Support ministries
Affiliation fee and licences
Church equipment
Church consumables
Church print and stationery
Property costs
Mission expenditure
The Laurels expenditure
Barnabus fund expenditure
College students expenditure
Youth activities
Wednesday Ladies Club expenditure
Parent & toddler group expenditure
Pre-school expenditure
Disabled Christian Fellowship expenditure
Benevolent fund expenditure
Girls Brigade fund expenditure
Men's Sheds expenditure
Total 2025
Total 2024		 Church
2025
£
198,158
6,326
600
3,618
4,326
4,248
7,276
2,552
4,415
6,894
48,499
44,107
21,435
14,969
(340)
20,069
504
2,688
-
413
5,400
2,315
2,190
400,662
366,962		 Pre-School
2025
£
136,533
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,356
-
-
-
-
141,889
135,536		 Total
funds
2025
£
334,691
6,326
600
3,618
4,326
4,248
7,276
2,552
4,415
6,894
48,499
44,107
21,435
14,969
(340)
20,069
504
2,688
5,356
413
5,400
2,315
2,190
542,551
502,498		 Total
funds
2024
£
295,467
7,714
890
2,583
5,702
2,251
7,442
2,262
4,423
5,332
51,090
38,189
27,767
4,477
3,306
17,377
736
1,905
6,001
443
3,215
2,796
11,130
502,498

Page 18

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Church
2025
£
Governance costs
2,304
Total 2024
2,220
9.
Independent examiner's remuneration
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts		 Total
funds
2025
£
2,304
2,220
2025
£
2,304		 Total
funds
2024
£
2,220
2024
£
2,220

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
313,470
6,685
14,536
334,691		 2024
£
277,216
4,701
13,550
295,467

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

Church
Pre-School		 2025
No.
7
14
21		 2024
No.
7
12
19

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

In addition to paid positions, a significant number of members give generously of their time and skills, to run the various ministries, as volunteers.

Page 19

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

11. Trustees' remuneration and expenses

During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. The value of Trustees' remuneration and other benefits was as follows:

2025 2024
£ £
D Turner Remuneration 45,900 43,960
Pension contributions paid 5,887 5,716
R Keeler Remuneration 42,750 40,960
Pension contributions paid 5,887 5,716

During the year ended 31 December 2025, no Trustee expenses have been incurred (2024 - £NIL) .

12. Tangible fixed assets

Cost or valuation
At 1 January 2025
At 31 December 2025
Depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Freehold
property
£
2,166,330
2,166,330
-
-
-
2,166,330
2,166,330		 Fixtures and
fittings
£
121,990
121,990
96,690
6,326
103,016
18,974
25,300		 Total
£
2,288,320
2,288,320
96,690
6,326
103,016
2,185,304
2,191,630

Page 20

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

13. Debtors

Due within one year
Other debtors
Prepayments and accrued income
Tax recoverable		 2025
£
264
-
9,735
9,999		 2024
£
260
28
8,340
8,628

14. Creditors: Amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income		 2025
£
4,192
2,166
2,641
8,999		 2024
£
4,188
2,048
6,501
12,737

Page 21

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

15. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Mission Fund
Laurels Management Fund
Youth Fund
Wednesday Ladies Club Fund
Parent & Toddler Group Fund
TCC Preschool Fund
DCF Fund
Barnabus Fund
Capital Assets Fund
Men's Sheds Ministry
General funds
General Fund
Total Unrestricted funds
Restricted funds
Benevolent Fund
Girls Brigade Fund
Total of funds		 Balance at 1
January
2025
£
5,225
70,801
1,000
995
-
71,144
230
56,357
2,191,682
17,566
2,415,000
150,281
2,565,281
6,606
479
7,085
2,572,366		 Income
£
18,526
45,620
13,128
872
2,180
160,796
461
8,118
-
4,255
253,956
314,090
568,046
3,402
2,537
5,939
573,985		 Expenditure
£
(44,107)
(21,435)
(20,343)
(504)
(2,688)
(141,890)
(413)
(14,969)
(6,326)
(2,190)
(254,865)
(282,275)
(537,140)
(5,400)
(2,315)
(7,715)
(544,855)		 Transfers
in/out
£
30,081
(18,000)
6,215
(150)
508
(7,960)
(50)
-
-
-
10,644
(10,644)
-
-
-
-
-		 Balance at
31
December
2025
£
9,725
76,986
-
1,213
-
82,090
228
49,506
2,185,356
19,631
2,424,735
171,452
2,596,187
4,608
701
5,309
2,601,496

Page 22

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

15. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Mission Fund
Laurels Management Fund
Youth Fund
Wednesday Ladies Club Fund
Parent & Toddler Group Fund
TCC Preschool Fund
DCF Fund
Barnabus Fund
Capital Assets Fund
Mens Sheds Ministry
General funds
General Fund
Total Unrestricted funds
Restricted funds
Benevolent Fund
Girls Brigade Fund
Total of funds		 Balance at
1 January
2024
£
5,171
71,150
-
751
-
61,568
378
55,896
2,195,502
18,594
2,409,010
120,453
2,529,463
5,909
845
6,754
2,536,217		 Income
£
20,590
45,418
12,111
1,130
1,580
153,943
295
4,938
-
10,103
250,108
284,417
534,525
3,912
2,430
6,342
540,867		 Expenditure
£
(41,156)
(27,767)
(14,702)
(736)
(1,905)
(135,536)
(443)
(4,477)
(7,714)
(11,131)
(245,567)
(253,140)
(498,707)
(3,215)
(2,796)
(6,011)
(504,718)		 Transfers
in/out
£
20,620
(18,000)
3,591
(150)
325
(8,831)
-
-
3,894
-
1,449
(1,449)
-
-
-
-
-		 Balance at
31
December
2024
£
5,225
70,801
1,000
995
-
71,144
230
56,357
2,191,682
17,566
2,415,000
150,281
2,565,281
6,606
479
7,085
2,572,366

Page 23

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

16. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Balance at 1
January
2025
£
2,415,000
150,281
7,085
2,572,366
Balance at
1 January
2024
£
2,409,010
120,453
6,754
2,536,217		 Income
£
253,956
314,090
5,939
573,985
Income
£
250,108
284,417
6,342
540,867		 Expenditure
£
(254,865)
(282,275)
(7,715)
(544,855)
Expenditure
£
(245,567)
(253,140)
(6,011)
(504,718)		 Transfers
in/out
£
10,644
(10,644)
-
-
Transfers
in/out
£
1,449
(1,449)
-
-		 Balance at
31
December
2025
£
2,424,735
171,452
5,309
2,601,496
Balance at
31
December
2024
£
2,415,000
150,281
7,085
2,572,366
Summary of funds - prior year
Designated funds
General funds
Restricted funds

The Benevolent Fund comprises gifts received for support of those in need.

Girls Brigade Funds are restricted funds for the work of this self-financing group within the church.

The Barnabus Fund relates to gifts and donations received for the land purchase and development within the remit of the Barnabas Project.

The Capital Assets Fund in Designated Fund represents the value of Church property, land, manses and The Laurels, which the church is free to use but not to sell for cash. It also includes vehicles and other equipment.

Page 24

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2025
£
Tangible fixed assets
2,185,304
Current assets
419,882
Creditors due within one year
(8,999)
Total
2,596,187		 Restricted
funds
2025
£
-
5,309
-
5,309		 Total
funds
2025
£
2,185,304
425,191
(8,999)
2,601,496

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
2,191,630
386,388
(12,737)
2,565,281		 Restricted
funds
2024
£
-
7,085
-
7,085		 Total
funds
2024
£
2,191,630
393,473
(12,737)
2,572,366

18. Funds Transfers

Funds transfers are as follows:

£18,000 from the Designated Laurels Management Fund to the Unrestricted General Fund representing the monthly contribution.

£7,960 from the Designated TCC Pre-School Fund to the Unrestricted General Fund representing contributions to Church costs.

£36,804 from the Unrestricted General Fund to the Designated Mission Fund (£30,080), to the Parent & Toddlers Group (£508), and to the Designated Youth Fund (£6,216) representing contributions to costs

£150 has been transferred from Wednesday ladies club to unrestricted general funds representing contributions to Church costs.

£50 has been transferred from DCF to unrestricted general funds representing contributions to Church costs. .

Page 25

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

19. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Decrease in creditors
disposal of motor vehicle
Net cash provided by operating activities
20.
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
21.
Analysis of changes in net debt
At 1
January
2025
£
Cash at bank and in hand
384,845
Debt due within 1 year
(2,048)
382,797		 2025
£
29,130
6,326
(1,371)
(3,738)
-
30,347
2025
£
415,192
415,192
Cash flows
£
30,347
(117)
30,230		 2024
£
36,149
7,714
292
(3,702)
52
40,505
2024
£
384,845
384,845
At 31
December
2025
£
415,192
(2,165)
413,027

Page 26

Docusign Envelope ID: CFFD989D-8E68-861A-8373-1242E13A0112

THUNDERSLEY CONGREGATIONAL CHURCH

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

22. Pension commitments

The charity 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 group to the fund and amounted to £14,536 (2024: £13,550). Contributions totalling £2,165 (2024: £2,047) were payable to the fund at the balance sheet date and are included in creditors.

23. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 December 2025.

Page 27