Company reglstratlon number 07379384 (England and WaleBI Charity registration numljer 1139646 (England ond W•l•81 KINGDOM WAY TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Caladine Charlered Cerlified Accountant5 KINGDOM WAY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru8tee8 Mr D Barratt MrJCRDale Mr5 H J Herring MrJ DTHerring MrWEOw8n MTS J SmTth S•¢r•tary Mr D Barratt Country ol Incorporntion Unrted Kingdom IEng18nd Ynd W￿e8) Company r¢gi•tr•tlon numb•r 07379364 Chirlty numbw (England •nd W•le•l 1139846 Regl•t•r•d offlc• Chanty House 22 Upperton Road Ea8tboume Ea¥1 Susséx BN21 1 BF Ind•p•nd•nl •x•mln•r Colin Dadswell FCA FCCA DChA Cal8dlne Llmlted Chantry Hou8? 22 Upp•rton R￿d Easlboume EBSI Su98ex BN21 1BF Bank•v• Hsec 94 Terminus Road Eastbourne East Sussex BN213ND KINGDOM WAY TRUST CONTENTS P•g• Tru8tee8' ieport Statement of tru8tee8' r•sponsibilitles Ind•p8ndenl examin•rfs r•wi Sl8tement of finar￿Aal odviU•s Stat•menl of finand81 poslllon Nots8 to the financl•l $lat•mants 9-23 KINGDOM WAY TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present their annual report and finana81 statements for the year ended 30 September 2025. The financial statements have been prepared in accord8nce ￿th the accounllng poliaes set out In note 1 to itte nanc4al 8tatements and comply wlth thè charit15 Memorandum and Articles of Assoaation, the Companies Act 2006 and 'Accounting and Reporting by Charitles.. Statement of Recommended Practs'ce appli(xbl8 to charitie5 preparing their accounts in 8c¢ordance with the Finanual Reporting Standard applicable in the UK 8NI Republic of Ireland {FRS 102118ffective 1 January 20191" Obl•¢tlvM and actlvlUe• The th8rty'8 cknjècts are.. al To ath8ncs thè Christian faith in accordance with the statement of belief¥ In 8uch ways and In such part$ of the United Klngdom or the world as tha TTUStee8 may frow lime to time think fil b} To fulfil such other purposas which are exdusively ¢haritable according to the law of England and Wale6 and are connected with the ch•rilable work of the Charity. Vl•lon Ind obl•ctlv Ch8ir of TNste8s- Dovld Barratt AS we pause lo r8fiect on ihe achl8vem¢nls and difficullles of th8 past year and rx)nsider the chalenge8 ahead. we mlghl b¥ fof9iven for feellng somewhat ove￿helMed by the enomilty 8nd Scale of the tath in hand. Of course, no on• hgs a single 501utlon to the pfoblern of homelessness in our society. However, when we stop to look and focus on what we can do and not focus too m(th on what we can't do, then Maybe we ¢8n begln to 888 thing8 from a more powllve p8rsp8ctive. Wè cannot overesliiwi8le th¢ dedication of our st8ff team as they work Jrnl858ty and saLYflci8Uy to ensure Ihose whom they 6erye receiv? the very best of help and support. 11 is clegr to see thal they really do seek to valutr people as individuals who are made In the image of our Crèator, regardless of elhnlclty. beliel. geTrJer tsr any other urcumst8nce. W8 are called to "bv6 our neighbour 88 OUrse￿e5. and de8dy this is not a￿ayS èasy to actice, and w• don'l always gel il right first time. Thi¥ 1$ #t th• heart ol our M1￿k)n, and it IB whal conllnu88 10 motivhle us In our worf( wilh vulner8bl¢ people. Al the core of our wc*k ar• the emergency hou888 that we Operate for homeless people, The$¢ hou8es have repl8(*d our temporary Mnter night shelter5 that were dosed duTing cothd 19. We are thankful that they are now opon all year rovnd and provide a place of warmth and safety during th& day also. Vve are pleo$¢d to have been 8ble lo have purchased a third property to add lo th6 two we currently lease. Through our p8rlnershlp with the Nation81 chAdty Hope into Action, w& have recendy added a third house lo our expanding work In this area, allowlng more peoF4e to bè helped towards Independent and sustainabla Ilving. These aré just tsvo highlights in what has been a very busy year for the charrfy, and we acknowledge the generous SUPPOrt of all our 8t8keholders in making Ihls possible. Thi8 includ88 finan￿al support ol ¢ourse but just importantly the support and collaboration of all the parlners we work with across the se(aor. We are constantly rtrminded ol the 9enerosrty of so many in our community and we taka this opportunily to say a h¢artfelt thank you to them. Durlng the year ahead wè hope to have a ctrlètxalon and Ihank8gNing for our 15th year in operation as a charity, $lnce we opened the first temporary winter night she￿r$ in Eastboume. We have much to give thanks for on this Journey and we now have caparyty to house 38 people who would otherwise be homoless. We are truty thankful that we can off¢r a pathway lo hoptr at a time, and in a world, th8t often seem810 la￿ this. Som8 of the impact of what w¢ do can be measured in the statistics, but these a￿ onty numbers af£r all. The real irnpact is found in the thange in people's lives when they mov8 from a pla￿ of de5P81f to B place of hope and new possibilitiès. Wthen people'5 lives are translormed this translates to positive changes in our commvnib?s. KINGDOM WAY TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2026 Aehievernentj and pttrfornionce Organl?¥tlon Revlow CEO- Roland Brown li h88 been another evenNul year within the varfous projects of Kingdom Way Trust. As mentioned a)ove, the ¥ddition of Iwo houses wa5 significant both in lem$ of increasing the c8P8rity to provide housing and support to Individuals, but al80 the workload Involved Sn purchasing and refvrbishing the properti8s. Throug)out our prolècts it continue5 to b8 clear that the support offered and the rel8tlonships and trust that are buill gre ￿ltical aspects of the work wè do. in addrtion to the hornes we provide. Emèrgéncy Hou•lng Over forty p¢op18 have stayed In our Emgrgency Houses through the year. We hov• continued to lease hvo 5- bed prop¢rh'ès using the fundlng received from OLUHC. ThB importance ol support Is seen here as people move from the streets where often th8lr lives have 'unrav8lled'. The combination of a stable place lo b8 and staff to li8ten, provide the enviTonm6nt for these individua15 to process some of th¢ issues that have contrlbut8d to them being homeless. We h8v¢ had a whole range ol gue$ls'. Male an¢J lemalg, agad 20- 87, a vari•ty of na￿'onal￿.e8 and some with no recoursé to public lunds. Sadty, thlngs don't alw8ys ¥nd positsvely bul if wè've been able lo provide 8 respite from Ilfe on the $treet for a while, this 18 hopefijlly 8 Step along the w3y for on indlvidu81 flndlng a posItIv8 altematlve. Th¥nkfully, in the mojority of cases, pèople respond well to the Support, and we havè sèan many lover 70Q/ol move on posrtively. often lo longer l¥rm, more stable accomrnodation. We continue lo work hard in developlng good connects'ons wllh other housln9 providers including Ioc81 pdvate landlords who can sometimes providè that longer term option. However, avalable and affordablé rooms or flats are often hard lo come by and thé requlrernents ftsr dep08ilS, advanc¢ rènt and guarantora afè often prohibifr've. The overage length of slay Is around 75 days, below the 3- month larget tsrne we 6et to Support people inlo other 8¢commodation. UBlng some additional funding th6 Trustees approvèd the purthase of an addllional &bedroorn properly to extènd the capaaty of Emergency Housing. Som? work was needed to #dapi the property. and an HMO Ilcence WÈS applled for and granted by the local councal.11 was in the process of b•ing prepared for the first r?$ldents to movè in by the end of the r8lendar year, Brldge Th¥ rèsidents we h8ve ai The 8ridge come wSth a wld¢ variety ol historie6. Th# ongoing challenge is lo help ¥8ch resldènl work through issues Ihal impact on thelT day to day lives and support them lowaTds th? go8Ls and drtroms they have lor the future. It is 8hN8ys di¥oppolnting when resident8 have to be a6k8d to leave due to ¥erSously breaking Ihe t8rms of their licence ag￿eMent. As much as we try to show orace. there are some bèhaviours and inryd¢nt5 that put the safety of other5 in the house at risk. We seek to 188m from each experience and mak& changes to poliei6s and procedures where necessary. In contrast. it Is 81way8 encouraglng to Teceive Contact from fonneT r8￿dents are progresslng ￿11. We have regular contact and 8ome visits from a few who Stay local. This y98r we had a ￿sIdent who moved on and has ended up working for 8 charity abroad. Hope Into Action Ea•tbourn• li wag good to be ablè to add another house this y¢ar. We are grateftjl to the generous investots for purchasing the house, and lor the partnership wich the thurch in helping with piep8ring it as a home 8nd then woviding friendship & support to the tenants. We also 8ppreciate the connection with the wider Hope into ActK)n ￿e￿Ork who provide poliLie5 and training to ensure our housing and SLJPPOrt continues to bè of a high standard. The mutual wpport for staff and voluntèèrs across the ne￿ork is also a real benefit. KINGDOM WAY TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2025 We continue to house a family In ¢)ne of our other houses who 8Te gotting towards being ready to move on to more indepèndent living. Our other IK)use has two male len8nts shBring and being well Bupported by volunteers from the local church. We have a variety of tenants al our singl¢ occupancy flats whith Is where we often have the rn0St th8lleng8 to encourage people to move on once they become well settled. Th•re Is an ongoing difficulty in finding suitable •nd affoidable housing for people to move on to. We work hard lo develop good relationships wtth laThJlords and lettlng agents to try and access suitable aceommodation when needèd. Weekend Drop.In The weekend drop-in conllnues to provide a warm and safe space for up to 80 of the streel comrnunity who 8ach day on two weekends each month. Operating from The Vvay. our town centre premise8, warm r8freshments are 8erved and there are activities 8nd conversation. Our superylsors also signpost people to other thal organi58tions as appropriate. We are 9ralelul lor failhlul volvnteers who give up their lime 81 ￿ék￿ndS to help provide this service. It Is 8 challengè lo mainiain the nurnber of volunteers required and although l 18 our hope to Opgn more frequently, a shortage ol voltsnt•ers does not cU￿8￿11Y 811ow thi5. Hope Woodwork The workshop was relocated lo The Way, our property In the town cenlre. There w88 a lol of work to clear the previous wor&house whith was athl&ved with a good team effort. The premises were taken on by another local charity and $¢ some toolB and wood supply was left for their use. Although the space in the new loc8tion is vaslly reduced, the workshop was sel up lo m8ximi8e the space and worf¢st8tions for up lo eight P80ple were created. There has bo¢n a retum (o focus on th8 core missi*n ol Hope Woodwork, offering tralning Bnd support. There has been g good uptake lor pla¢as In the new locatr'on and ¢ont8Ct wlth local agenaès who refer people ha8 improved. The new venue Is g much more welcoming envlronment and halps create a posilive atmospheie amongst trainees and volunteers who corne lo support. The skze ol the task in provld5ng housing and 6UPPOrt for the Eastbourne are8 continues to increase. Both the number of people 8n(I the complexity of their needs can be challenging. We 8r8 th8nkful for our ￿edi￿led learn of staff and volunl¢ors who offer support and ¢ar8 to each individu¥l, moliv8ted by our Christian farth to $*rvé other6 and shafe God's love with them in an appropriate way. Publlc B•n•fit Through our range of proleds we inter8¢t with a farge numb¢r of people who are oftan vulnerable marginalised and have faced or ar• f8ang difficutt challenges in their INes. We 8lrfv¥ lo support Ihose Ihat eng8ge Mth us lo enable them to fulfil their potenti81 and live a lrfe wlth purpose and hope. Our meal proviBion dropin services provide for those who struggle to meel thelr own basic needB. Our residential supported accommodation provide safÈ homes and support to help Fnany overcome the barriers Ihtry fgce to living rnore Independently. Our Work￿9r* Ifaining provides Ihe opportunlty for those that want lo leam a new skill or become more confident in their life skllls to èmpower thern to find employment or other rneaninyfvl gctlvity. Our involv8ment of volunteers in the proj¢ets provides the opportunity lor the wider community to contribute lo, and leam from, another 8ecb.on of soaety, hopefully leadlng to better Integration a breakdown of sligrn8 towards the homeless and m8rylnall￿d. The Iruslees believe Ihal the activitiès, objectlves and vision. as outlined above are in accordance with the Charity Commission requirements for putAic benefft. Financlal re¥low There w85 a surplus after transfers on unmstricted lunds lor the year of £61,22912024.' Burplu$ of £24,675), leavin9 unrestricted reserves of £1,351,74512024'. £1,290,516). There was a surplu8 8fter transfers on restricted funds for the year of £11,201 12024.. surplus of £675}, leaving restricted tund8 01£50,24012024'. £39,039) at thè balance sheet date. KINGDOM WAY TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Reserves pollcy It is the poli¢y of the chatfty that unresth'cted funds which have not been designated for a specffic use should be maintained at a level equivalent to six month's operating expendibjre, equlvalent to approxirnately £120.000. The trustee8 considers that reseThes at this lev81 wll ensure that, in the event of a signfficant drop in funding, they will be 8b18 to continue the charity's current ath'vrties while consideration is glven to way8 in whlch addition81 funds may be raised. Free reserves of £141,897 At 30 Septemb8r 2025 cover thi5 figure adequately. Rl•k polley The tru$lees have 8$5855ed the major risks to which th• ¢harity is exposed, and are satlsfied that syslemB Brt In pl8Ge to mibgate exposure to the malor risk& structure, govem•n¢• and man•g•rnent The charity is o company Ilmiled by guaTantee Incorporated on th8 17 Seplernber 2010. The trustees. who are al¥0 the diT8Ctors for lh• purpose of eompmny law, and who 8eNed durk)g Ihg year and up to the dat8 of si9ngture of the finandal st8l•ments were". Mr D Barratt MrJCRDale 4rn H J HerTlng Mr J D T Herrlng IAr WE Owen Mrn J Smith tTU8tee8 are approved by the majorbty vote8 oflhe m8mberB. New ITuslee$ 8r¢ Identified as th08• Wlth splrftual maturity and 5ullable tralning and Induction 18 pfovid8d as nece￿ary. None of the tru8tee8 has any beneficjal Inl•rest In the company. Each member of the company guarantees 10 contribute £10 in Ihe Èvtrnt of a winding up. The trustees, report wa6 ¥pproved by the Board of Trustee8, Mr D BJTratt Trustee Dated,. KINGDOM WAY TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees, who are also th8 directors of KiThJdorn Way Twu8t for the purpose of company law, are responsible for preparing the Tfustees, R8POrt and the finanaal sialement5 in accoTdance with applicable law and United Kingdom Accounling Standards (Unrted Kingdom Generally Accepted Accounting Practice). Cornpany law iequires the trustees to prepare flnandal statements for each fmancl81 year whld) glve a tnje and falr view of the sta18 of affairs of the charity and of the Incoming resources and applicallon of resources, including the income and txp&nditure, of Ihe charitable rx>rnpany for that year. In pTepa￿ng Ih•s8 finanaal statementB, the trustees ar6 required to.. Belect $yilable accounting policies and then appty them consistentty., ob8eNe the methods and principles In the Ch8ritias SORP., ake judgements and eslimales that aw reasonable and prudent., State vthether applicable UK Awounllng Standards have been followed. sutyed to any materfal departur•$ dlsdosed and explain8d the financlal slalements.. and prepare the fin8nci8181alements on the going conr£rn unlass it 18 inappropriate to pro#um8 th81 the* ¢harfty wlll continue In 0￿ration. The tru8te88 ara rèspcfjslble for keeping adaqual• 8¢counling record8 Ihat di8dose vAlh r*asonable accuracy al any lime th¢ fit)ancial position ol the charrty and enable them to ensure thal the ffinancial $t8tement8 comply with the Compan￿5 Act 2006. They Bre a180 re3ponslbl8 for safeguarding the Bssets of the d)arlty and hence for taking r•a$onoblo steps for the prevention and d•lectSon of fraud and other Irregul¥ritl*8. KINGDOM WAY TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGDOM WAY TRUST I report to the trustees on my examlnalion of the finanaal statements of Kingdom Wgy Trust (tho charity) for the ye8r &nded 30 September 2025. Re¥pon•1blll￿eS and basls of rnport As Ihe trustee8 of the charity land also its directors for the purpos•s of company lawl, you are respon5ibt8 for ihe preparation of the financial statements in accordance wrth the requirements ol the Companies Ad 20(￿, Having satlsfled myself that the financial statemen15 of the charity are nol ￿qUired to be audited un * e (o C*vO rr KINGDOM WAYTRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Hope Woodwork 2025 Grants lo Instlutions.. Donallon of planerthicknesser machine to The Shed Fyolect 2,518 Support allo¢•ted to acilvltle• 2025 2024 Staff ¢ost8 Trustee meetlng and expen8&5 Travel expen$08 and other 8upplle8 Licences IT costs and websrte Training and otheT Stjff costs Sundry expenses GoveTnanctr costs 26.909 1.970 509 395 2,317 1,192 1,476 10,978 21.058 2.470 79 298 1.858 4.241 45,748 30,￿0 Emergency Houslng Tha Brldge Hope Woodwork Hope Into Action WBnnock House The W8y & WE Drcy in 18,250 5,892 5,892 5,892 3,928 5,892 9,288 3,098 4.644 45.746 30.960 2025 2024 Gov•rn•Thce cost• compr1￿. Legal and profe88lon¥l AcLountsncy Independent examination Bank fee5 3,601 825 3,102 750 389 10.978 4,241 16 KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Net movement in fund• 2025 2024 The net movement in funds is stated after tharginglltredrting).. DeprecHtion of ownad yopety, plant and equipment 18,700 18,829 10 Tru•t••8 None of the trustees (or any persons eonn8Cted whh theml T￿8&V0d any remuneration durin9 the ye¥. Onts trustee was r&mbur58d a total of £489 for travel and Bub*8lènc• èxpenses during the year 12024.. trustees were reirnbuTsed £6051. 11 Employee• The average mtsnthly number of employee& durlng the yeBr wa8.. 2025 Numb•r 2024 Nufflb•r The 8rfdBe Hop• wooo￿ork Hope Into Actlon Emergency Housing Corporaté Totsl Employment 2025 2024 Wages and Balaries Social security costs Other pension costB 139,554 S,251 6,282 128,322 4,743 6.530 151,OB7 139.595 There were no emF4oyees whose annual remuner8tion was more than £60,OLK). R•mun•rntlon of key m•nagement pernonn•l 12 Galns and las￿ on in¥e•tm•nts Unrestrlcted Unmtrlcted funds lund¥ 2D25 2024 Galnsloossesl ari￿ng on.. Revaluation of progr8mm¢ wlated investments 2,950 17 KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 13 T•xation The tharity is exempt Irom taxation on ils actlvfties because all its income 18 applled for charitable purpo888. 14 Propgrty, plant and •quipment Land and Flxtures. bulldlng8 ffttings and •qulpm•nt Motor v•hlcle8 Total Cagt Al 1 October 2024 Addbtion8 Di8po8BIs 1,135,007 360.000 6.640 5,880 1.147,S27 380,000 13,145) {3.145) At 30 Septernber 2025 1,495.007 3.495 5.880 1.504.382 Oepreclatlon and Impalrn)•nt Al 1 October 2024 DeprÉdation charged in the year Elimlnated in 1ospo¢t of di6PO$oIs 144,940 18,700 4,124 5,880 154,944 18,700 16291 18291 At 30 September 2025 163,640 3,495 S,880 173,01 S Caryylng •mount AI 30 Sept¢mber 2025 1.331,387 1,331,387 At 30 Seplernber 2024 990,087 2.516 992,583 1S PTogr•mm• r•lAt•d In￿$1M?￿lI HO￿ Into Actlon Hoy Into Actlon Tot•1 Al 1 Ociober 2024 Investment by Kwr 53,999 53,999 48,776 48,776 At 30 S•ptsmb8r 2025 53.999 48,778 102,775 in During the year ending 30 September 2018 Kindgom Wdy Trust pgrticipated with a group of investors to purchase a property in Eastbourne to be used for the Hope into action project. Thè congortium of irNe6tors have enterèd into a Trust deed which requires investrn&nt In the projed foT a rninimum period of 5 years, after whith investors can ￿thdraW their c8pit81 or remaln port of the project for 8 furthèr 5 y&ors, Th•r• was a revaluation of the property 8t 28 November 2023 to release investOTS and enable n8w t￿estOrS to take part. As a resutt Ihè Trusfs share increased £2,950 by being revalued. At the same tim• one of the existing investors donated their Share to the Trust resulting in increase of £7,714. Hope into Ath"on 1$ a nailonally ￿COgnised prg'ed d•si9ned to house and support vulnerable individuals and fafflilies. Each woperty is partnered by a Church who provide supptsrt to the ten8nts. This investrnent by Kingdom Way Trust helps to fulfil the charitable objeds. 18 KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 15 Programme relatvd Inveslm•nts {Contlnu•d) During the year ending 30 Septemb¢r 2025 Kindgom Way Trnst partldpated wrth a group of Itwestors to purth888 8 second property in Eastbourne to be used for the Hop8 Inlo Action project. The cons0￿.UM of Snve5tors have entered into a Trust deed whith requires Investment in the project for a rninimum perKJd of 5 years, after which inv88tor8 c8n withdraw Iheif capital or rgmaln part of Ihe project for a further 5 years. 16 Tr•de and ather receivabl 2025 2024 Amount* l*lllng du• wSthin on• y••r. Other r•c8N8b188 PTepayrnents and aecrned income 379 3,543 1.863 1,820 3,922 3.683 17 8orrownq• 2025 2024 Bank I￿￿# Other loans 203,835 16,000 219,835 Pays￿• withln one year Payable after one y•8r 24,000 195,835 The bank loan is a mortg8y• from Kingdorn Bank for Ihe purch08e of 8 property In Ea8tboume which is used as emergency housing. 11 Is a capttal repayment mortgage of £205.000, rep8y8bl¢ over 20 years from ￿lY 2025. The inleresl rgle 1$ ffiKed at 5.75°/o for the flrst fivo years, after whlth il will wert to a variable Tale. The mortgage is se￿red ¥galnst the property. The loan of £18,000 was received from Old Town Community Church {OTCC} In March 2025 to asslst with the purchaBe of 8 Hope Into Action house in E88tboum6 under the oversight of K￿. It is an inleresl-free loan for a rTrinimum period ol five year5 and it may be renewed for each &ye8r period. The loan IB fully r•payat48 gt the request of OTCC subject to slx monlh$' notice prior lo an anniversary date. 18 Current Ilabllltle• 2025 2024 Not•s Bank loans Olh¢r taxation and socAal securty Deferred income Other payables Accru¥l$ 17 24.000 2,396 83,199 167 4.357 2,611 163,075 147 4,833 20 114,119 170,666 19- KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 19 Nonwcurrent liabiliti 2025 2024 Note8 Bank loans Other bryrowings 17 179.835 16.000 195,835 10 D•f•Thed Incom• 2025 2024 Arising from DLUHG grant lundlng rdated to pewlods after Ihe y•gr end 83.199 183,075 D•ferr•d income is induded In the flnancial ststements a8 lollows.. 2025 2024 Deferred income IB ifK4ud•d within.. Current liabililles 83,199 163,075 Movements In the y&ar'. D•ferred Income at 1 Octobvr 2024 Released from prevlous period8 R•soJrces deferred In the y•ar 183,075 1163,0751 83,199 163.075 O•f•rr•d Inc￿rne al 30 Seplèmb•r 2025 83,199 183,075 21 R•tlr•rn•nt benefit •¢h•m 2025 2024 Dfrlbn•d contributl¢)n •th•m•8 Chafgè to proffit or loss in respect of defined conlrlbution scherne8 8,282 6,530 20- KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 22 Restricted fund• The restrfcled lunds of the charity comprists thtr unèxpended balance8 ol donatlons gnd grants held on trust subject lo $pe¢lfl¢ conditions by donors as to how Ihey may be used. At 1 Octobor 2024 Incornlng rn*ourc•g R￿OUr¢¢8 expond•d Tran•f•r¥ At30 September 2025 DHLUC Emergency Housing Hope Woodwork Hope Into Action Investment Hope Into Action Repairs ReseNe Weekend Dropln Emergency Housing Support w0￿er Salaries Hope Into Action Support WDTker Salaries 143.278 1143,2761 {1,407) 1,407 138.9691 36,709 30.719 28,459 9.878 4.905 14,781 2,330 12,3301 3.500 3.500 3,500 3.500 39.039 190,871 1147,0131 {32,6571 50,240 Pr•vlouo y•Ar: At 1 O¢tob•r 2023 Incornlng rmourc R￿0￿re•S •xp•nd•d Tr•n•fern At30 S*pt•M￿r 2024 DHLUC Emergenty Htyjsing Emergency Housng Hope woo￿ork Hope Into Action Inva$th)ont W¢ek•nd Dropin 399 2.526 111,001 1111,400) 18,2551 12,0051 5,729 2.005 11.709 25,000 10,439 38.709 2,330 18,1091 38,364 124,715 129,709 5,729 39.039 OLUHC EmeTgency Houslno Grant- A gTBnt from tho Departmenl for LeVel￿ng Up, Houslng & Comnwnitiès to provide ￿ntèr èmargency housing. Emerg¢ney Houslng- Other donations and gr8nts received spec4fically to a$$l$l wrth the costs of runnin9 thè S project. Hopg Woodwork - income and èxpenditure related lo thi5 projed which provides training, edu¢8llon and helps to restore self worlh and bulld confidence in indNidual8. Hope into Action InveJtm•nt In 2017-18, £25.000 was received for the charity to invest in a Hope Into Athoft PTOPtrrty as described in note 15. Further gffts tolalling £11.709 were received in 2023-24, grants And gffts of £30,719 were rècèived in 2024-25. all to be invested in th8 next Hope Into Action property purd)ase. A sery)nd proporty wa5 purchased during the year. relo85ifbg the restriction on these funds. The remaining fund represents the restrited investment trom 2017-18. Flus Ihe revaluation aftèr first inillal investment peri(yJ of S y&ars. 21 KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 22 Rg¥trl¢t•d funds Icontlnuedl Hope into Action Repalrg Addrtional monies which were contributed by the invastofs In the Hope Into A¢bon PrO￿rtY purthased In 2025, indvding Kwf, ar8 hdd in 8 lund to defray the costs of luture repairs #nd rènewals. Weekend Drop4n . grants and donation5 to be pth toward6 ihe ry)St of providing a w¢¥kend drcpin service lor vulnerable members of the communlly. Support Worker Sal#d•• A grant of £7,000 w8& re¢&￿ed during the year lo fund th¢ p•yYnènt of wages for a support worker, S￿11 befv48en the Hope Into Acilon and Emergency Housing prol¢ct8. A staff member was recruited in Decembtsr 2025 so the58 funds will be used in Ihe next ffnJnclal year. 23 Unr••trfet•d lund• The unrestricted funds of the charity comprlsÈ thè unexpended balances of donations and granlB whith 4r8 not 8ubpct 10 6peufic conditions by donor$ and grantors as to how they may be used. Th8se indud¢ d&signated funds which have been s•1 aslda out of unresin'cted funds by Ihe Iru8tè8$ lor speafic purposes. At 1 Octobgr 2024 Incomlnq r•source R••ource• expended Tr•n•f•rn Galn• •nd At30 S•ptember 202S Wannock Hou8e property General funds 499,000 791,516 19,5001 1223,4991 489,500 662,245 261.571 32.657 1,290,516 261,571 1232,9991 32,657 1.351,745 Pr•vlou• y•ar'. At l October 2023 In¢omlny resoLifc8• R•gource• 8xp•nd•d Trnn•f•rn GalnB and lo•Je¥ At30 Sept•mber 2024 Wannoc* Hou80 property General funds 508,500 757,341 19,5001 1261,1051 499,000 791,516 298,059 {5,7291 2.950 1,265,841 298.059 1270,6051 (5,7291 2,950 1.290,516 Wannoek House Property This property was donated to the trust. valued at the time of the gift at £575.000. No m8lfiCtion was placed on the use of the property and it 18 being ut￿iSed in the core charitable activities. The value of the property has been placed into a separate designated fund to identify il separately from the General flsnds. Depre￿ation 18 tharged lo the lund so that it represents the net book value of the pioperty. -22- KINGDOM WAY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 24 Analysij of net a8••ts b•tween fundg Unre•trictsd lunds 2025 Rutrlcted funds 2025 Total 2025 At 30 Sept•mbor 2025.. PTopety, plant and •qulpment Progranwne related assets Current asset￿lI18blltb4SI Long term liabiliiies 1.331.367 74,316 141,897 1195.835) 1,331,387 102,775 163,676 {195,8351 28,459 21,781 1,351,745 50,240 1.401,985 Un￿trIC￿d fvnd• Z024 RMtrtct•d fund¥ 2024 Tot•1 2024 At 30 S•pt•mb•r 2024: Property, plant and equipment Progrnmmtr rèlated a85et8 CuThent gssetsllliabilibe¥} 992,583 17.289 280,644 992,583 53.998 282,974 38.709 2,330 1,290,516 39,039 1,329,555 26 Oper•tlng l•••• ¢ommblm•nts At the reporting end dale the charlty had outst8ndlng commltments for future mlnlmum10088 paymenls under non-cancell8ble operating l•ase$, which f811 due as follows.. 2025 2024 Within one year Behyeen and five years 4,526 3,017 4.528 7.543 7,543 12.C69 26 Relatsd party transactlonB There were no disdo88ble rgl*¢d party transactions during the y?ar12024- non81. 23-