Registered number: 07382893 Charity numbor: 1140322 SAWYERS CHURCH (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 GSM&Co
Docuswn Envelope ID.. E6DE4CC7-58FN818.81D7-3CD7467DB251 SAWYERS CHURCH IA company Ilmltod by guaranteè) CONTENTS Page Roference and administrative details of the Company* Its Trusteos and advis&rs Trustees, report Independent auditors. rgport on the flnanclal ststements Statement of financlal actlvltSes 2-11 12-14 15 Balance sheet 16 Statement of cash flows 17 Notes to the financial statements 18-42 Griffin Stone Noscrop & Co
Docuspjn Énvelope ID.. E6DE4CC7-58F8818lD7-3CD7467DB2sl SAV4ryERS CHURCH {A company limited by guaranteo) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees Christopher James, Chair Peter Jordan Eric Mensah (resigned 7 April 20261 Abi Mustafa (resigned 28 April 20251 Leah Wallhead (appointed 16 June 20251 Rebec¢a Woolgar Mark Nichols Ayo Omideyi lappoinled 26 January 2026) Arnold Sawyerr (resigned 7 April 20281 Jonathan Staniforth lappoinled 27 April 20261 Marian Adekoya lappoinled 1 June 20261 Company reglstered number 07382893 Charity registered number 1140322 Registered officè Sawyers H811 Lanè Brentwood Essex CM159BN Senior Pastor Peter Jordan Indgpgndgnt audltors Grrffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduii Street London WC1N 3GS Bankers Barclays PLC PO Box 2178 Brenlwood Essex CM14 4RT Solicitors Geldards Number One Pride Pla Pride Park Derby DE24 8QR Page 1 Griffin Stone MCrOp & Co
Docusi9n Fnvelope ID.. E6DE4CC7-58FD-8818-81D7-3CD74870B251 SAWYERS CHURCH IA company1Smited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual report together with the audited financial slalemenls of the Company for the year 1 January 2025 10 31 December 2025. The Annual report serves the purposes of both a Trustees, report and a directors. report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current stalulory reqLJiremenls, the requiremènts of the charitable compan$ governing do¢umenl and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191. Since the Company qualrfies as small under section 382 of the Companies Act 2006, the Strategi¢ report required of medium and large companies under the Companies A¢1 2006 Islralegic Report and Directors, Report) Regulations 2013 has been omilled. Sawyers Church is a charitable cornpany - Companies House (Number 073828931 and Charity Commission {Number 11403221 and operates in line with the objectives included in the Charity's Memorandum and Articles of Association. Objectlves and actlvltles a. Policles and obSecttves The objectives ol the Sawyers Church eharily are the advancement of the Christian faith, the relief of sickness and financial hardship and lo promote and preserve good health by the provision ol funds, goods or services of any kind, including through the provision of care and support. These objectives are fulfilled principally in the area of Brentwood, Essex bul also from lime to time elsewhere in the United Kingdom and in the worfd as the Trustees may think fil. Sawyers Church Mission Slalemenl is 'To be a Church where EVERYONE GROWS through inspiration, connectiDn, action, mission and prayerf'.11 fU11S this mission by.. providing opportunifieg for worship. prayer and teaching., meeting for fellowship together in groups of various ages and interests.. undertaking outreach and social action in the local wmmunity., providing support for those with pastoral needs.. providing support lo worldwide mission., and providing training in ministry skills. The Charity provides public benefit through seeking lo meet the spirf(ual and pastoral needs of people in the local community and beyond. Page 2 Griffin Stone Moscrop & Co
DocusvJn Enlope ID.. E60E4CC7-5BFD-881&81D7-3CD7467D8251 SAIVYERS CHURCH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Objectives and activities Icontinuedl b. Governance Following Assembligs ol God guidelines, the church is required lo have al least three Trustees al any one lime, one of whom is the senior minister, Peter Jordan. Where a Trustee vacancy occurs new TrusleeslDireclors deemed Its have relevant experience and comrnilmenl are appointed by the Trustees following dis¢ussion with the Core Leadership Team. Recruitment agencies or specialists may be used lo find suitable TrusleeslDirectors. All Trustees are recruited in line with the Safer Recruiting Guidelines of 'Thirty One Eight, who are our Safeguarding Advisors. In addition, direct appointments are made where specific skills and experiences are needed. A training budget is available for induction and ongoing training. The Assemblies of God in Great Britain IAOGI of which Sawyers Church is affiliated is an Umbre118 Network made up of around 600 Pentecostal Christian churches across Great Britain. E5tsblished in 1924 they support local churches like ours by providing resources. guidance and leadership training for community Iransformalion. The Staff and leadership team regularfy uselaccess the support and training provided by AOG. The Charity is managed by a board of experienced trustees, who are responsible for ensuring financial stability and providing professional and strategic advice on policy and resource management. In line with the Charity's Memorandum and Articles of A8socialion'. all Trustees are appointed by the Core Leadership Team., and one Trustee (Peter Jordan) is also a member of the Staff Team (see below) and therefore, is a paid employee but, in common with all the other Trustees, does not receive any remuneration including payment of expenses in acting as a Trustee. There were two changes lo the Trustees that look place in 2025.. Abi Mustafa resigned as Iruslees in April 2025 Leah Wallhead was appointed as a Iruslee in May 2025 These changes were updated with Companies House and the Charity Commission. It Is the aim of the eharily lo bring in new trustees over the course of the next years to replace those trustees who have served for over five years and bring in a three-to-live-year guideline tenure for all Trustees. The Trustees meets a Minimum of 8 limes per year as a Board of Management. The discussions are recorded in minutes of the meetings. The Board request a safeguarding report lo be wrillen in advan of each meeting and a member of the Safeguarding Team attends every other Meeting. Other Ministry Team leadors are invited lo attend Board Meetings as requested. The Charity ulilises the services of Stswardship Services, an organis81ion which assists failh-based charities in the exercise of their responsibilities including the provision of consultsncy services and training. Page 3 Griffin Stone Moscrop & Co
Doousign Envelope ID.. E8DE4CC7-5BFD4818-81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantoel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Achlevements and pgrformancg Review of activities The following is a commentary on activities carried out duTing 2025 and the public benefit achFeved through serving the spiritual and pastoral needs of people in the local community and beyond. In planning and delNering these activities, the Trustees have had re9ard lo the guidance on public benefrt issued by the Charity Commission. Throughout 2025. Sawyers Church organised a range of aetivities for adults, seniors, adults with learning difficulties. youth and children in fu1ment of ils charitable objectives. The church seNes over 800 people locally who attend these and other activities provided regularly. The church also continued ils partnership with Christians Against Poverty ICAPI in providing a Debt Centre for the BrenOod and Basildon Community. These charity activities included two mission trips lo Ethiopia to visit a School that the charity fi'nancially supports through 'Sland by Me" rnonthEy. All these a¢livilies now lake place in the New Building Facility which was completed in early 2024. Over 2025 the church has cc>ntinued to establish itself in the New Building using this resource lo the public benefit. The number of volunteers has increased lo ensure that the building continues to make a drfference in people's Iwes and serve the purposes of the charity. The Church partners wlh several organisations in the local community who hire 11$ facilili@s including Brentwocxl School of Dance. a Bereavement Counselling Services, the Local Council and Parent and Toddler Groups. The Church also provides space for a café called °Hebrews Coffee Shop. which is being run by a member of the Church as a separate business. Hebrews Coffee Shop is also seen as a ministry of the church, and the Charity looks for ways to Support this venture by offering the space free of charge lo the business. This agreement 1$ regularfy reviewed by the Trustees. The Church has a number of 'Life Groups. which meet across Brentwood and the surrounding area lo support people in the local community- All of our ministries have grown over the course of the year. and this is also reflected in the number of people attending and connected lo the church. Here is an outline of the weekly acttviliès. Monday Young AdUS Ministry {Rooledl Staff, Trustee and Ministry Leaders Meetings Hope Murns Ministry- support. friendship & encouragement for single Mums Coffee Shop Tuesday Senior Adult5 Hour Together- Learning, friendship & fellowship Youth Club for 11's lo 185 Ministry fcir Aduf(s with Learning Disabililiesl (Tuesday Clubl Coffee Shop Wednesday Coffee Shop Craft Group Special Educational Needs ISENI Coffee Moming Support Group Adult IVVDrship Practice) Prayer Meetings Leadership Development Programme Deeper- 8ible Studies Page 4 Griffin Stone Moscrop & Co
DoBusign Envelope ID." E6DE4CC7-5BFD-8818-81D7-3CD7467D8251 SAIVYERS CHURCH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Achievements and performance Icontinuedl Review of activlties conl. Thursday Coffee Shop Parent and Toddler Group (Seedlings) Alpha Course- To Explore Life's big questions & the Christian Faith Freedorn in Christ CokJrse- helping lo grow in faf(h, malurily and freedom Praclicing the Way Course- pra¢li¢al tools lo enrich discipleship Friday Coffee Shop Leadership and Pastoral Care Meetings Wellbeing Walks Walking in Nature, Talking in friendship S8tuftlay Coffee Shop All age (various ad hoc events) Hope Mums Events Christians Against Povety ICAPI events- supporting people out Of debt and poverty Men's Ministry (The Forge) Sunday All age worship, prayer. Bible leaching and Children's Church This year the charity has launched a very successful parent and toddler group in the local community on a Thursday Morning to bring further public benefit lo the local community in line with the charivs aims and objectDies. In 2025 the charity launched a Leadership Developrnenl Programme which ran monthly over the course of the year. We had enty-siX people undertake this course all of whom had a coach to work alongside them and the participants voluntèered in a specrfic area of the charity. Pastor Stephen Mallhew from the AOG (Assemblies of Godl Healthy Church Team was an adviser lo the course and helped with some of the leadership sessions. Pastor Stephen Matthew also carried out a review of the church leadership across the church family lo help the church develop and improve ils leadership structure moving forward. In 2025 we also look over 70 young people lo our annual Youth Retreat al Sizewell in Suffolk. The church helped several families financially who were unable lo meet the cost of the Youth Retreat. These subsidi&s were approved by the Youth Team and Trustees. In 2025 the church led with other churches the'on the Move" Outreach whereby we gave out free burgers lo the local cornmunily and invited them lo various inilialwes thè Church was running for public benefrt. This was mainly financed by Sawyers Church and Trinity Church. In 2025 Sawyers Church hosted the Assemblies of God IAOGI Regional Leaders Conference and the Regional Leaders Youth Conference in our new building to help support AOG who we are affiliated lo. Several of the Core Leadership Team and Ministry Leaders Team attended the AOG National Leaders Conference in Harrogate. In 2025 the church invested in a new Welcome Lounge and Digital Screens to improve ils communication lo the church family and community and hospitality. In 2025 the Charity completed a piece of work call Ihfj Journey of Generosill, in partnership with Stewardship S$rvices lo encourage the Church Family in their giving- this ran across our life groups, ministries and Sundays. The 'Journey of Generosity alongside church growth has meant th81 our income through donations has increased throughout the year. Page 5 Griffin Stone Moscrop & Co
DOU1gn Envelope ID.. E6DE4CC7-5BFO481&81D7-3CD7487DB251 SAWYERS CHURCH IA company Ilmltod by guaranteg) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Achievements and performance Icontlnu&dl b. Mission Support The church continued to support various missions including 'Stsnd By Me.. a local charity that supports orphanages overseas, 'The Wycliffe Bible Translators, and a church plant in Brittany (Francel. We also continued support for a Church Plant on the Isle of Wight called Allilude Church and continued to 5UPPOrt our CAP Debt Cenlre. During 2025 the ch8rity took the decision lo fully support the work of the CAP Debt Centre for the next year due lo the lack of grants Other missions that we support include- Oleksandra Bereza in Ukraine, Clive and Mary 8eckenham founders of New Life Home Ttusl in Kenya and Mark and Beccy Riley in the Pais Project in USA. As a Church we review our mission5 giving each year and aim lo give 100h of our funds to mission. Flnancial revl a. Golng concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequat& resour5 lo continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the f5nancial Statements. b. Flnan¢lal reviaw Due lo the generosity and support of individuals and organisalions associated wi(h Sawyers Church incoming resource5 during the period lolalled £859,44212024 £649,005) which was sufficient to both satisfactorily achieve our commitments and undertakings and increase unreslncled funds. The Trustees believe that Sawyers Church is reliant on God's provision for the financi85 resources that il needs to fund ils work. Consequently, tho policy of the charity is not to build up significant reserves., and wherever possible lo expend income received during each f nancial year on ils purposes. However, in order to ensure that the charity can manage ils opèrational cashflow needs, the Iruslees aim to hold working capital sufficient lo cover three to six months expendrture. The trustees consider that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charty's actmties while consideration is given lo ways in which additional funds may be raised. The new building completed in early 2024 is debt free due lo the generosity of individuals and other organisalions. During 2025 final payments ID the building contractor have been made. We have continued lo use the new venue lo host ConfenceS during the year for other Christian organisalions, Ioc81 authorities, and several local ¢ommunily groups. The Iruslees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place lo miligale exposure lo the major risks. Page 6 Griffin Stone fvloscrop & Co
Oocu8Lqn Envelope ID.. E6DE4CC7-5BFD-8818-81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 c. Reserves pollcy At the end of 2025 unreslricled funds increased lo £259,089 12024.. £127,885). Unreslricled fund5 held at the end of 2025 represents just under 8 month5 of 2025 unreslricled Charitable activities expenditure exceeding the target of 3 10 6 months. The trustees are seeking lo maintain the higher level of unreslricled funds held at end 2025 going foNard in order to support a higher level of proje¢led unreslricled Charitable activities expenditure in 2026 10 2028. The higher level of projected future expenditures was identified following the development of a Three-year Plan by the Core Leadership Tearn and Trustees which came out of the Leadership Review in 2025. This Three-year Plan was Communicated lo the Church Family in January 2026. d. Risk management The Trustees sought lo manage risks to which the Charity is exposed with a view to miligaling these to the fullest extent possible, for example, through insurance. During 2025, the Trustees considered a range of risk related matters, including issues associated with Safeguarding, Data Management and Human Resources. The Charity's policies and practices including Safeguarding were regularly reviewed by the Board of Management. structure, governance and management a. Constitution SawyeTS Church is registered as a charitable eompany limited by guarantee and was set up by a Memorandum of Association. b. Methods of appointment or el&ctlon of Tru$tsgs The management of the Company 15 the responsibility of the Trustees who are elected and CO•OPted under the terms of the MemDrandum ofAssDcialion. Page 7 Griffin Stone fwloscrop & Co
Docuslgn Envelope10." E6DE4CC7-5BFD-88184107QCD7467DB251 SAV¥YERS CHURCH IA company limited by guarantee} TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Structure. govemance and management Icontinuedl c. Staff team The Charty employs stsff lo carry out ils operations in furtherance of ils charitable objectives. The employed staff roles are.. Peter Jordan- Senior Pastor IFull Timel Lorella Balogun Youth Pastor (Full Timel Eleanor Morrow- Children and Families Pastor (Part Time}- currently on Maternity Leave until August 2026. Candice Segar- Children and Families Pastor (femporary- Part Timel- Covering Eleanor Morrows Maternity Leave. Winni& Law- Church Adminislralor (Part Timel John Newman- Bookkeeper (Part Timel Joanne Taylor- Finance Manager (Part Timel Rachael Philipps- CAP Debt Centre Manager {P8rt Timel Kayleigh Morgan- Facilities Manager (Part Timel Katherine Hayton- Tuesday Club Helper (Part Timel Neil W8rne- Tuesday Club Helper IPart Timel Lee Shaw- Cleaning (Part Timel Matthew Thomas- Cleaning (Part Timel lan Jones- Cleaning (Part Timel The Charity recruited a Finance Manager in April 2026 to repla John Newman who will be shortly retiring. John Newman will continue in his role as Bookkeeper until a smooth transition has been compl&led. d. Core Leadership team The Core Leadership Team has spiritual and pastoral over5ighl and authority over activities perfomed in thè life and witness of Sawyers Church. The Core Leadership Team were.. Peter Jordan John Morris OBE Abi Mustafa (Resigned April 20251 Sampson Dasari Dawn Maltwood Alan Mahwood Angela Walker lJoined May 20251 The Core Leadership Team a responsible foi.. day lo day managemenvrunning of the Church., doctrine and truth (informed by the Slalemenl of Beliefs}', V15ion and slralegy., pastoral care., approval of volunteer appointments., inspiration, connection and action Imissionl,. prayer. The Core Leadership Team are supported by a Ministry Leadership Team that rneels Monthly. Page 8 Griffin Stone Moscrop & Co
Docusun Envelope ID.. E6DE4CC7.SBFD4818-81D7.3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Structurg. govgrnance and management Icontinuedl . Volunteers The church's ability lo run its aclivi(ies is heavily dependent on the wllingness of people associated with the church lo volunteer their lime and gifts in support of the paid staff team. Al 31 Decembèr 2025 there were 155 12024.. 1471 volunteers involved in communty actions Ilisted below in Activities 20251 and providing Church building management, govornance, leadership, and safeguarding assistance. The Trustees confirm that.. All volunteers were recruited in line with our safeguarding, equality, and diversity policies. Appropriate background checks (including DBS where required) were completed before placement. Volunteèrs received induction, role-specific training, and ongoing support in their roles. No volunteer received financial remuneration beyond reimbursement ol agreed expenses. We Cognise and deeply value the dedication, skills. and time our volunteers contribute. Their work significantly enhances our capacity to seNe the communty and achieve our charitable objectives. The Trustees of the Charity also wanted lo honour and thank its volunteers in 2025 for all they do in the church and in the local community. This was done by inv(ting volunteers lo a special meal in 8 local restaurant and over 80 volunteers allended the meal. The meal was paid for by the Church. f. Remuneratlon policy The pay of staff is reviewed annually by a Salary Review Panel which comprises the TrusleeslDireclorslCore Leadership Team, excluding Peter Jordan Iby virtue of also being an employee). The Salary Review Panel decide pay awards against the criteria of affordability, comparabilitylparily and perfoimance, tsking account of equivalent local and national pay benchmarks. The Charity makes available auloenrolmenl lo a pension for all eligible staff in line with Government policy and legislation. The pension provider is Aegon. The Charity continues lo make a financial contribution towards the cost of pension as part of remuneTalion lo those staff in the scheme. Page 9 Griffln Stone Moscrop & Co
DocLF5ign Envelope ID.. E6DE4CC7-5BFD.881841D7.3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Plans for future periods During 2026 the church expocls lo continue lo operate all f(s activities. Specific tasks will be undertaken as follows.. The TrLJslees alongside the Leadership Team and Staff will continue lo review the management, leadership, staff and Iinancial structures and systems of the chaiily in 2026 to make sure that we are fil for purpose. To do this the Leadership Team will appoint new trustees with specific skills and bring in a &to- 5-year tenure for Trustees. The Trustees will prepare for an Independent Examination of its 2026 accounts and have appointed GSM as the Independent Examiner. The Trustee5 will continue lo identify sources of income through outside agencies who wish lo hire the new building lo help rneel the cost of the maintenance. The Trustees will undertake a review of the current risk registèr lo ensure il is fit for purpose for the activities being carried out in the New Buildin9. The Trustees will also review its Safeguarding Policy and Procedures and Data Management. The Trustees will use outside agencies to carry out a Data Management Audf( lo highlight areas that may need attention. The Trustees will review and approve the Safeguarding PoSicy 88 well as sponding lime lo update as many policies as possible including, Hearth and Safety, Data Protection, and Anti Fraud. The Charity will launch a Wellbeing Hub in 2026 to help improve its pastoral care lo the Church Family and local comrnunily. This wi11 include training Wellbeing Ambassadors to listen, pray and signpost people to trusted organisations and support groups. The Church Leadership will continue lo develop ils partnership with the Assemblies of God IAOGI in the UK as a church affiliated lo AOG. The Trustees of Sawyers Church and Core Leadership Team will look lo recruf( an Associate Pastorto the staff team lo help support the Senior Minister as the church grows and IncSSeS in numbers. The Trustees and Core Leadership Team will also recruit a new Youth Pastor to replace the current Youth Pastor who will finish her role in August 2026. Page 10 Griffin Stone Moscrop& Co
Docusign Envelope ID.. E6DE4CC7-58FD-8818-81D7-3CD74670B251 SAWYERS CHURCH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Statement of Trustees, responslbllltie$ The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice). Company law requires the Trustees lo prepare financial 5talemenls for each financial year. Under company law. the Trustees musl not approve the financial slalemenls unless they are satisfied that they give a true and fair view of the slate of affairs of the Company and of ils incoming resources and application of resources, including ils income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. SeCt suitable accounting policies and then apply them consislenlly., observe the rnethods and principles of the Charitios SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial slalements., prepare the financial slalemenls on the going concern basis unless il is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Company's transactions and disclose with reasonable accuracy 81 any lime the financial position of the Company and enable them lo ensure that the financial statements comply wlh the Companies Act 2006. They are also responsible lor safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of infomiation to auditors Each of the persons who are Trusl8es al the time when this Trustees, report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant audit infonmalion of which the charity's auditors are unaware, and that Trustee has taken all the steps that ought lo have been taken as a Trustee in order to be aware of any relevant audit information and lo establish that the charity's auditors are aware of that information. Auditors The auditors, Griffin Stone M05crop & Co, have indicated their willingnoss to continue in offi. The designated Trustees will propose a motion reappointing the auditors al a meeting of the Trustees. Approved by order of the members of the board of Trustees on 26 June 2026 and signed on their behaK by.. PdLY Jor Mark Nlchois Trustee Peter Jordan Senior Pastor Page11 Griffln Stone Moscrop & Co
Docusjgn Fnvelope10.' E6DE4CC7-58FO481&81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAVIYERS CHURCH Opinion We have audited the financial statements of Sawyers Church Ilhe 'charilable company'} for the year ended 31 December 2025 which comprise the Statement of financial aclivilies, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial slatemenls.. give a true and fair view of the slate of the charitable companys affairs as at 31 DecembeT 2025 and of ils incoming resources and applicaliDn of resources, including ils income and expenditure for the year then ended., have been property prgpared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for oplnlon We conducted our aL*dil in accord8nce with International Standards on Auditing IUKI IISAS IUKI} and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial slalemenls section of our report. We are independent of the charitable company in accordance with the elhi¢al requirements that are relevant lo our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethi¢al Standard, and we have fulfilled our other ethical responsibili(ies in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Conclu$lon$ rolatlng to going ¢onc8rn In auditing the financial slalemenls, we have Concluded that the Trustees. use of the going concern basis of accounting in the preparation of the financial slalemenls is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charitable companls ability lo continue as a going concern for a period of al least e1ve months from when the financial slalements are aulhorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo goirig concern are described in the relevant sections of this report. Page 12 Griffin Stone Moscrop& Co
DocuswJn Envelope ID. E6DE4CC7-SBFD481&81D7-3CD7467DB251 SAV¥YERS CHURCH IA Company limited by guarantee} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SAVIYERS CHURCH ICONTINUEDI Other information The other information comprises the information included in the Annual report other than the financial statements and our Auditors, report Ihereon. The Trustees are responsible for the Dlher information contained within the Annual report. Our opinion on the financial slalemenls does not cover the other information and, exp1 to the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusiDn Ihereon. Our responsibility is lo read the other information and. in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the course of the audit, Dr otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslalernenls, we are required lo determine whether this gives rise lo a material misstalemenl in the financial slalements themselves. If. based on the work we have performed, we conclude that there is a material misslatemenl of this other information. we are required to report that fact. We have nothing lo report in this regard. Matters on whlch w& are requlr&d to report by exception We have nolhino lo report in respect of the following matters where the Charities (Accounts and Report81 Regulations 2008 require5 US to report lo you if, in our opinion". the information given in the Twslees, report is inconsistent in any material respect with the financial stalemenls., of sufficient accounting records have not been kept., or the financial slalemenls are not in agement wrth the accounting Tecords and returns., or we have not received all the information and explanations we Tequire for our audf(. Respon$lbllltlg$ of trustees As explained more fully in the Trustees, responsibilities slalement, the Trustee5 Iwho are also the directors of the charitable company for the purposos of company lawl are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view, and for SLJch internal control as the Trustees determine is neeessary to enable the preparation of financial slalemenls that are free from material misslalemenl, whether due lo fraud or error. In preparing the financial slalemenls, th8 Trustees are responsible for assossing the chaTilable compantys abilty lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the Trustees eilhei intend lo liquidate the charitsble Company or to cease operations, or havg no realistic atternalive but to do so. Page 13 Griffin Stone Moscrop & Co
Docusign Enveh)pe ID.. E6DE4CC7-58FO-8818-81D7-2CD7467DB251 SAWYERS CHURCH A company Ilmlted by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAWYERS CHURCH ICONTINUED Auditors, responsibilitie5 for the audit of the financial statements We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accofdan¢e with the Ad and relevant regulations made or having effect thereunder. Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are free from material misslalemenl, whether due lo fraud or error, and lo issue an Auditors. report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordan with ISAS IUKI will always delect a material misslalemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expecled lo influence the economic decisions of usors taken on the basis of these financial slalemenls. Irregularities, including fraud, are instances of non-compliance with laws and rulations. We design procedures in line with our responsibilities, outlined above, lo delecl material misslalemenls in respect of irregularities. including fraud. The extent to which our procedures are capable of delecling irregularities, including fraud is detailed below.. carrying out subslanlive checkin9 to support documents on a sample basis of individual transactions within income and expenditure lo give comfort that on a sample basis the Slalemenl of Financial Activities does not contain any irregular items., carrying out walk-through testing to verify that the charivs accounting systems and controls are being implemenlod as designed., and verifying that material balan¢es within the Balan Sheet are supported by third paty eviden lo confimi the existence and valuation of these balances at the year-end. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.or .uklauditorsieg onsibililies. This description forms part of our Auditors, roport. Use of our report This report is made solely lo the charitable companvs members, 8s a body, in accordance with Part 4 of the Charities (Accounts and Report51 Regulations 2008. Our audit work has been undertaken so that we might slate to the charitable ¢ompan¥s members those matters we are required lo slate lo them in an Auditors, report and for no other purpose. To the fullest exlent permilled by law, we do not accept Dr assume responsibility lo anyone other than the charitable company and ils members. as a body, for our audit work, for this report, or for the opinions we have formed. Robert Smith FCA (Senior Statutory Auditorl For and on b&half of Griffin Stone Moscrop & Co Charted Accounlanls Stalulory Auditors 21-27 Lamb's Conduit Street London WC1N 3GS Date..
L /£ /zA>b Page 14 Griffln Stone Moscrop & Co
Docusign Envelope ID". E60E4CC7-58FD-8818-8107-3CD7467D8251 SAWYERS CHURCH (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 202S Total funds 2024 Note Incom9 from: Donations and legacies Charitable activities Other trading actwilies Investments Other income 439,288 15,238 80,821 2,060 147 121,530 560,818 15,238 80,821 2,418 147 578,579 12,IT2 54,664 3,312 278 368 Total income 537,554 121.888 659.442 649,005 Expendlturè on: Charitable activities 10 386,399 65,445 451,844 402.942 Totsl expenditure 386.399 65.44S 451,844 402,942 Net income Transfers between funds 151.155 118,0001 56.443 18.000 207,598 246.063 19 Net movement in funds before other recognlsgd gainslllosses} 133,155 74.443 207,598 246,063 Other recognlsed galnslllo$sgsl: Exceptional losses 13 11.9501 Iq,9501 {1,451,336J Net movement in funds 19 131.205 74,443 205,648 (1.205,273) Reconclliation of fund$: Total funds brought forward Not movement in funds 1,145.693 131.205 2,378,500 74,443 3,524,193 205.648 4, 729,466 (1.205,273) Total funds carrlgd forward 1,276,898 2,452,943 3.729,841 3,524, 193 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 18 10 42 fom part of these financial slalemenls. Page15 Griffin Stone Moscrop & Co
Docusign ErweI0 ID.. E6DE4CC7-5BFD-8818-81D7-3CD7467DB251 SAlhYERS CHURCH IA company limited by guarantee) REGISTERED NUMBER: 07382893 BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Noto Fix&d a$$gts Tangible assets 14 3.472,946 3,468,943 3,472,946 3,468,943 Current assot$ Debtors Cash at bank and in hand 15 23 14,983 267,106 12,256 203, 604 282,089 215, 860 Current liabilities Creditors.. due within one year 16 125,0941 (160,510) Net current assets 256,995 55,350 Total assets less current liabilities 3,729,941 3,524,293 Creditors.. due after more than one year 17 1001 (loo) Total net assets 3,729,841 3,524, 193 Charity funds Reslricled funds Unreslrided funds 19 2,452,943 1,276,898 2,378,500 1, 145,693 19 Total funds 3,729,841 3,524, 193 The Trustees acknowledge their responsibilities for complwng with the requirements of the Act with respect to accounting records and preparation of financial slatemenls. The financial statements have been prepad in accordance with the provisions applicable to enlilies subject to the small companies regime. The f1nancial statements were approved and aulhorised for issue by the Trustees on 26 June 2026 and signed on their beha5f by.. Mark Nichol$ Trustee The notes on pages 1810 42 form part of these financial statements. Page 16 Griffin Stone Mostrop & Co
Doeusign Envelope ID.. EeDE4CC7-56FD-8818-81D7-3CD7487DB251 SAINYERS CHURCH A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Note Cash flows from operating activities Nel cash used in operating activf(ies 22 81,161 384,735 Cash flows from Investing activities Dividends, interests and rents from investments Purchase of tangible fixed assèts 2,418 3,312 120,0771 (604,256) 14 Net cash usod in invèsting activities 117,6591 1600,9441 Cash flows from flnanclng actlvltles Net cash provided by financing activities Change In cash and cash equlvalents In thg year Cash and cash equivalents al the beginning of the year 63.502 1216.2091 419,813 203.604 Cash and cash equivalents at the end of the year 23 267,106 203,604 The notes on pages 18 to 42 fomi part of these financial $talements Page 17 Griffin stone Moscrop & Co
Docusign Fnvebpe ID.. E6DE4CC7-5BFD-8818-6107-3CD7467D5251 SAll¥VERS CHURCH IA company Ilmited by gLtarantèèl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 General information The charity is a private ¢haritable company limited by guarantee and is incorporated in the United Kingdom. The companls registerod number and registered office address can be found on th& Title page and in the introduction. Accounting policies 2.1 Basi$ of preparation of financlal ststements The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo chaiilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019}, the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. The charity is a Public Benefit Enlily as defined in FRS 102. The financial statements are preparod in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial slalemenls have been prepared on the historical cost convention modified to include the revaluation of freehold land and buildings. The principal a¢unting policies adopted are sel out below. 2.2 Going concern The trustees (who are the charitable companys directors for the purposes of company lawl have assessed whether the use of the going concern basis is appropriate and have considered possiblg events or conditions Ihal might cast significant doubl on the abilty of the charity lo continue as a going concern. The Iruslees consider there to be no material uncertainties, having made this assessment for a period of at least one year from the dale of approval of the financial stalemenls. In particular the trustees have considered the charity's forecasts and projections and the possible implications should proje¢led income and l or expenditu vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources lo continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing ils financial slalemenls. Page18 Griffin stone Moscrop & Co
Docuslgn Fnvelope ID.. E6DE4CC7-5BFD-8818-81D7-3CD7487DB251 SAIVYERS CHURCH IA company Ilmlted by guarantg&1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Icontinuedl 2.3 Income The charity has taken the view that il has only one charitable activity, name the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one aclivily. The Charities SORP requires charitie5 with income over £500,000 lo allocate costs to the various activities undertaken by the charity. The nature of the work of the church is Considered to be so inlegraled that the core charitable activity costs are considered lo be for the one activity. However staff remuneration is allocated between direct and support costs based on staff lime. Income including grant and investment income is recognised in the period in whi¢h the charity beeomes enli1Sed to receipt, the amount receivable can be measured with reasonable certainly, and receipt is probable. For the most part. income is generally recognised when il is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled lo il or where the donor has specified that the income 15 to be expended in a future period. Income from donations and legacies includes.. il Recoverable gift aid. This is rocognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor. ill Legacies. Income from legacies is recognised when a distribution is received from the estate or, rf earlier, when the charity has been notified that a distribution wll be made and the amount receivable can be measured reliably. Income frorn char(table activities represents income Teceived in furtherance of the charity's charitable objeds. 51 includes income from church, children, youth and other events and courses and support received for mission trips. Income from other trading activitios includes income from letting rooms and external fvndraising events . All rooms in the new worship centre and community hLJb are held for funcliDnal use by the charity and those which are temporarily surplus lo operational requirements are available to be used by other community groups and organisalions. Income from external fundraising events includes those run by the charity lor by volunteers working under he charity's management directionl or its agents. Income from investments represent$ income generated by the charity's assets and includes income from bank interest. Other income represents rniscellaneous received outside of the church building not related lo extemal fundraising events. The charity relies on volunteers lo carry out many of ils activities. However, in accordance with the SORP, the value of these services has not been included in these financial slalemenls as they are not easily quantrfiable and cannot be reliably measured. Page19 Griffln Stone Moscrop & Co
DOSign Envelo ID.. E6DE4CC7-5BFD481&81D7-3CD7467DB251 SAWYERS CHURCH IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Icontinuedl 2A Expenditure Expenditure, including irrecoverable VAT, is recognised when il is incurred or. if earlier, when a legal or constructive obligation for a payment arises provided that il is probable that settlement will be required and the amount of the obligation cari be measured reliab. The charity makos grants lo other inslilulions and individuals lo further ils charitable objeclivos. Grants payable are recognised as conslruclive obligations arise, which is generally when the charity expresses a commitment to the CIpient that can be measured reliably and then only to the extent that any conditions associated wi(h the grant are outside of the control of the charity. Goveman¢¢ ¢osls, which are included within support costs in expenditure on charitable activities bul are identified separ8lety in the notes to the accounts, includes costs associated with the audit of the financial stalemenls, compliance with Constitutional and slalutory reqiJirement$ and any other expenditure incurred on the strategic management of thè charity. Apportionment of costs lo the Brentwood and 8asildon Christian5 Against Poverty ICAPI Debt Cenlre." costs that can be directly allribuled lo the Debt Centre such as membership subscription fees, salaries, pensions and staff expenses elc. are assessed lo the Debt Centre. Shared costs such as contents insurance, website. accounting and various regulatory costs are not assessed to the Debt Cenlre. 2.5 Taxation The company is a registered charity,. it has taken advantsge of the various religfs from taxation available lo charities and no tax is payable on the charity's income. 2.6 Tanglble fixed assets and dgpr&ciation Tangible fixed assets are initially recognised al eost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into ils intended working condition should be included in the measurement of cost. Assets which are no longer used and it is highly probable that the asset will be sold within 12 months are classified within Other Assets as Held for Sale. Assets costing less than £1,000 are not capilalised bul are Irealed as expendf(ur8 in the year that the expenditure is incurred. However, the trustees can capitalise items below this limit 81 their discretion. Page 20 Griffin Ste Moscrop & Co
Docusign Envelope ID.. E6DE4CC7-5BFD-8818-81D7-3CD7467DB251 SAlhYERS CHURCH IA company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Icontinuedl 2.6 Tangible fixed assets and depreciation l¢ontinuedl Depre¢ialion is charged so as to allocate the cost of tangible fixed assets less their residual v81ue over their estimated useful lives Depreciation is provided on the following bases.. Computer oquipmgnl Fixtures and fillings Other equipment Freehold land Buildings 33Qkn straight line method 100A straight line method 200h straight line method not depreciated measured al valuation not depreciated measured al valuation Gains and losses on disposals are determined by comparing the proceeds with the carying amount and are recognised in the Slalemenl of financial 8clivilies. 2.7 Dabtors Trade and other debtors are rewgnised al the settlement amount after any trade discount offered. Pfepaymenls are valued al the amount prepaid net ol any trade discounts due. 2.8 Cash at bank and in hand Cash and cash equivalents in¢ludfys cash in hand, doposits held al call with banks, other short term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts if utilised will be shown within borrowing in current liabilities. 2.9 Llabiliti8$ and provisions Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past event, il is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be eslimaled reliably. Liabilities are reeognised al the amount that the Company anlicipales il will pay to settle th@ debt or the amount il has received as advanced payments for the goods or services il musl provide. Provisions are measured al the best estimate of the amounts required lo sellle the obligation. Where the effect of the time value of money is material, the provision is based on the prosenl value ol those amounts, discounted al the pre-tax discount rale that reflects the risks specific lo the liability, The unwinding of the diount is rQgnised in the Statement of financial activities as a finance cost. Page 21 Griffin Stone Moscrop S Co
Docusign Envelope ID.. E6DE4CC7-SBFD.8818-81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting pollcles Icontlnued 2.10 Financial Instruments The charity has elected lo apply the provisions of Section 11 '8asi Financial Inslrumenls. and Section 12 '0ther Finan¢ial Instruments Issues, of FRS 102 to all of ils financial inslrumenls. Financial instruments are recognised when the charity becomes party to the contractual provisions of the instrument. Financial assets are offset, with the net amounts psented in the accounts when there is a legally enforceable right to sel off the recognised arnDunt5 and there is an intention to sellle on a nel basis or lo realise the asset and sellle the liability simultaneously. Basic financial assets 8asic financial assets, which include trade and other receivables and cash and bank balance, are initially measured al transaction price including transaction costs and are subsequently carried at 8mortised cost using the effective interest method unless the arrangement con51itules a financing transaction, where the transaction is measured at the present value of the future receipts discounted al a market rale of interest. Impaim7enl of financial assets Financial assets, other than those held at fair value through income and expenditu, are assessed for indicators of impairment al each reporting dale. Financial assets are impaired where the is objective evidence th81, as a resLJII of one or more events that occurred after inrtial recognition of the financial asset, the estirnaled future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the eslimaled cash flows discounted al the asset's original effective interest rate. The impaitmenl loss is recognised in nel incomel lexpenditurel for the year. If there is a decrease in the impaimenl10s8 arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would havo been. had the impairment not previously been recognised. The impairment reversal is recognised in nel income/ lexpendrturel for the yeaT. Der8cognilion of fin8noial ass&ls Financial assets are derecognised only when the conlraclual rights to the cash flows from the asset expire Dr are settled, or when the charity transfers the financial asset and substsnlially all the risks and rewards of ownership to another entity. or if some significant risks and rewards of ownership are retained bul control of the asset has transferred ID another party that is able lo sell the asset in ils entirely lo a third party. Basic Financial liabilities Basic financial liabilities, inclLJding trade and other payables, are in(tially measured al transaction price unle55 the arrangement constitutfjs a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Debt instruments are subsequently carried al amortisalion cost, using the eff&ctive interest rale method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classified as CU[nI liabilities if payment 15 due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recogni5ed initially al transaction prico and subsequently moasured al amortised cost using the effective interest method. Page 22 Griffin Stone M05crop & Co
Docusign Envelope ID.. E6DE4¢C7-SBFD481&81D7-3CD7467DB251 SAWYERS CHURCH IA Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting pollcles Icontlnuedl 2.10 Financial instruments Icontlnuedl Derecognition of financial liabilities Financial liabilities are derecognised when the charills contractual obligations expire or are discharged or cancelled. 2.11 Finance leases and hire purchase Rentals payable undor operating leases are charged against income on a straight line basis over the period ol the lease. 2.12 Pensions The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company lo tho fund in rospod of the year. 2.13 Fund accounting General funds are unreslricled funds which are available for use al the discretion of the trustees in furtherance of the general objedives ofthe charity. Designated funds comprise unreslricled funds that have been set aside by the trustees lo purchase Tangible fixed assets. Restricted funds are donations which are lo be used in accordance with specific reslriclions imposed by donors." they include donations received from appeals for specific activrties or projects. Crltlcal accounting estimates and areas of judgment Eslimales and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Critical accounting estimal&s and assumptions.. In the application of the charity's accounting polices, the Iruslees are required lo make judgements, eslimales and assumptions aboLJI the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimat&s and associated assumptions are based on historical experience and other factors that are consideied to be relevant. Actual results may differ from these eslimales. The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recogni5ed in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affect5 both current and future periods. Page 23 Griffin Stone Moscrop & Co
Docusign Envelope IO.. ESDE4CC7-SBFD4818-81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Income trom donations and legacies Unrestrlcted Restrictgd funds funds 2025 2025 Total fund$ 2025 Tolsl lunds 2024 Donations Grants 439,288 114,445 7,085 5S3,733 7,085 559,299 19,280 Total 2025 439,288 121,530 560,818 578,579 Total 2024 353,966 224, 613 578,579 Income frorn charitable activities Unrostrict8d funds 2025 Totsl funds 2025 Total funds 2024 Income from Charitable Activities Accommodation fees received 15,238 15,238 9,173 2,999 Total 2025 15,238 15,238 12, 172 Total 2024 12,172 12,172 Income from charrtable aclivf(ies relates lo contributions lo Sawyers run events e.g. Tuesday Club, Hope Mums and various Youth and Children's events. Accommodation fee - related charity are payments received from Frontline Partnership Ltd a related charity of £nil {2024.. £2,500) for use of offsite accommodation rented by Sawyers Church. Refer to Note 291 for further details of Frontline Partnership Ltd. Page 24 Griffin Stone M05crop & Co
Docusign Envelope ID.. E60E4CC7-5BFD-8818-81D7-3CD7467D8251 SAWYERS CHURCH IA company Ilmited by guarantee} NOTES TO-THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Incorne from other trading activities Incom& from fundrai$lng &vents Unrestricted funds 2025 Total funds 2025 Total funds 2024 Fundraising Income 3,695 Total 2025 3,695 Tolal 2024 3,695 3,695 Income from non charltable trading activitios Unrestricted funds 2025 Total funds 2025 Total funds 2024 Income from Letting Propety 80,821 80.821 50,969 Total 2025 80,821 80,821 50,969 Tot812024 50,969 50.969 Income from letting property includes room rental charges of £8,672 12024.. £9,174} 10 4Front Construction Ltd - refer lo note 291 for further details. Income from lelling propety also includes room rental ¢harg8s of £1,100 12024.. £5001 and catering income of £3,000 12024.. £nill received from Assemblies of God IAOGI Great Britain, an associated charity no 1032245. Page 25 Griffin Stone Moscrop & Co
Dtrusiyn Envelope ID.. E60E4CC7-5BFD-881MID7-3CD74670B251 SAWYERS CHURCH {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Investment Income Unrestrict8d Restricted funds funds 202S 2025 Total fund5 2025 Total funds 2024 Investment Income 2,060 358 2.418 3,372 Total 2025 2,060 358 2,418 3,312 Total 2024 1,524 1, 788 3,312 Other incoming resourcès Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Other Income 147 147 2T8 Total 2025 147 147 278 Total 2024 278 278 Analysis of grants Grants to Grants to Instltutions Individuals 2025 2025 Total funds 2025 Total fvnds 2024 Grants Payable 27,114 22,558 49,672 44, 137 Totsl 2025 27,114 22,558 49,672 44, 137 Total 2024 20,009 24, 128 44, 137 Page 26 Griffin Stone Moscrop & Co
Docusign Envelope ID.. E6DE4CC7-5aFD-8818-81D7-3CD7467D8251 SAWYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of grants Icontinuedl The Company has made the following material grants lo inslilulions during the year.. 2025 2024 Name of institution Wycliffe Bible College Brentwood Schools Christlan Workers Trust Stsnd By Me Allilude Church Sports Equipment Grant International Bible Training College Pool Table & Equipment Expenditure for Church Events Grants < £5 4,200 7,506 7,936 2,400 4.200 2.400 3,000 2,400 5,580 5.000 72 1.223 1.203 27.114 20,009 10. Analysis of expendlture by actlvltles Activlties undertakan dlre¢tly 2025 Grant funding of actlvltles 2025 Support costs 2025 Total funds 2025 Total funds 2024 Charitable Activities 283,005 49,872 119.167 451.844 402,942 Total 2025 283,005 49.672 119,167 451,844 402,942 Total 2024 257,566 44, 737 101,239 402,942 Page 27 Griffin Stone Moscrop & Co
Do¢ust4n Envelope ID.. E6DE4CC7.5BFD4B18.81D7.3CD7467D8251 SAWYERS CHURCH IA company limited by guaranteg) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. Analysls of expendlture by activltles lcontlnuedl Analysis of direct costs Total funds 2025 Total funds 2024 Activities 2025 Staff costs (Note 111 staff travel & other costs Building & Accommodation Costs Youth and Childrens Work Membership Subscriptions Training Evangelism Other Ministry Expenses Pastoral Care Sunday Services & Worship Vehicle Costs Catering & Hospilalty 145,530 1,594 50,868 12.236 21.776 5,943 7.939 16.951 1.544 6,978 145,530 1,594 50,868 12,236 21,776 5,943 7.939 16.951 1,544 6.978 122,954 2, 728 66, 706 9.691 15,294 7,448 2, 151 14,477 235 8.018 287 11,646 11,646 7,577 283,005 283,005 257,566 Total 2024 257,566 257,566 Page 28 Griffin Stone M05crop & Co
Docusign Envelope ID. E6DE4CC7-5BFe8l8-8fjD7-3cD7467DB2SI SAWYERS CHURCH A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. Analysis of expenditure by actlvltles Icontlnuedl Analysis of support costs Total funds 2025 Tol&l funds 2024 Actlvltles 2025 Staff costs (Note 111 Depreciation Church Administration Computer Expenses Gain on dispos81 of fixed assets Audit & Accounting Fundraising support costs Legal & HR advi 67,450 16,074 15,962 5,293 67,450 16,074 15,962 5,293 64, 733 10,838 12. T61 4, 149 (1,052) 6,605 570 2,635 11,617 136 2,635 11,617 136 2,635 119.167 119.167 101,239 Total 2024 101,239 101,239 11. Stsff costs 2025 2024 Wages and salarS Social security costs Contribution lo defined Contribution pension schemes 194,219 10,752 8,009 172,843 9,005 5,839 212,980 187,687 The 8verage numb8r of persons employed by the Company during the year was as follows". 2025 No. 2024 No. Full lime employees- Key management personnel Part time employees - Non key management personnel P8ge 29 Griffln Stone Moscrop & Co
DorAK8Sgn Envelope ID.. E6DE4CC7-5BFD-8818-81D7-3CD74670B251 SAWYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 11. Staff costs Icontinuedl No ernplr)yee received remuneration amounting lo more than £80,000 in either year. Key management personnel of the charity comprises the Senior Pastor and Transition Manager up until his resignation on 30 June 2025. Total employment benefits, including pensions contributions and social security costs less employment allowance relating lo key management personnel was £76.82012024 £90,272). 12. Trustees. remun&ration and expenses During the year, no Trustees received any remuneration or other benefits (2024- £NILJ. During the year ended 31 December 2025, no Trustee expenses have been incurred (2024- £NIU. Exceptional items 2025 2024 Loss on revaluation of tangible fixed assets 1.950 1,451,336 The £1,451.336 exceptional f(em in 2024 reflects the imp8im)enl loss recognised on the Sawyers church new building following a revaluation in December 2023, wi(h a further £1,950 recognised in the current year reflecting the revised Building Dual Usage VAT Calculation impairment loss recognised on the Sawyers church new building. Page 30 Griffin Stone M05crop & Co
Docus*n Envelope ID.. E6DE4CC7-5BFD-8818-81D7-3C07467DB251 SAVIYERS CHURCH A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Tangible fixed assets Frgehold Fixtures and propgrty fitting$ Other equlpment Computer gquipment Total Cost or valuation Al 1 January 2025 Additions Disposals Revaluations 4,826.336 68,086 36,796 18,129 11,883 1,948 16,330} 4.943,101 20,077 16.3301 1,950 1,950 At 31 December 2025 4,828,286 68,086 54.925 7.601 4.958,798 Depreclatlon At 1 January 2025 Charge for the year On disposals Impairment charge 1 AS1,336 5,106 6.809 8,247 8,046 9.489 1.219 16.3301 1,474,158 16,074 16,3301 1.950 1,950 At 31 December 2025 1.453,286 11.915 16,293 4,358 1,485,852 Net book value At 31 December 2025 3,375,000 56,171 38,632 3,143 3.472,946 At 31 D8c8mber 2024 3,375,000 62,980 28,549 2,414 3.468,943 The net book value of land and buildings of £3,375,000 is based on an independent Chartered Surveyors review completed in December 2023 and comprises of 8 land valuation of £1,012,500 and buildings of £2,362,500. 15. Debtors 2025 2024 Due within one year Tax recoverable Prepayments ATUed interest 9,536 4.965 7,383 4.813 14,983 12,256 Page 31 Griffln Stone fioscrop & Co
Docuwgn Fnvelope ID.. E6DE4CC7-SBF88l8-8ID7.3cD74$7DB2S1 SAVIYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 16. Creditors.. Amounts falllng due wlthln one year 2025 2024 Trade creditors Other creditors Accruals and deferred income 1.213 1,081 96,878 62,551 23,881 25,094 160,510 2025 2024 Deferred Income comprlses: Opening balance in deferred income account Income deferred in the current year Amounts released from previous reporting periods 12,085 3.000 12,085 {3,000) 17.08SI 5,000 12,085 At the balance sheet date, deferred income on grants received of £5,00012024.. £12,085) relates to one grant received supporting Essex community youth counselling. In the prior year, the balance relate5 to three grants received in the year supporting Sawyers Youth work, Spotts equipment PUhaseS and welfare support. 17. Creditors: Amounts falllng due after more than one year 2025 2024 Amount due lo a related charity 100 100 Amount falling due after one year which is due lo a related Charity of £1 DO12024.' £1001 relates lo the capital sum of the Sawyers Hall Lane Chapel Christian Workers Trust ISHLCCWTI which was passed lo Sawyers Church when the SHLCCWT bank account was closed (Refer lo Notes 28 and 291. Page 32 Griffin Stone Moscrop &Co
Do¢USn Envelope ID.. E6DE4CC7-5BFD-8816-81L)7-3CD7467DB251 SAVIYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 18. Flnancial instruments 2025 2024 Financial assets Financial assets measured at fair value through income and expenditure 267,106 203,604 Financial assets measured at fair value through income and expenditure comprises cash at bank and in hand. Page 33 Griffin Stone Moscrop &Co
Docu&gn Envtrkjpe ID.. E60E4CC7-5BFD-8818-81D7-3CD7467DB251 SAWYERS CHURCH IA company Ilmltod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 19. Statement of funds Statement of funds - current y&ar Balanco at 31 Galnsl December (Losses) 2025 Balance at 1 January 2025 Transfers inlloutl Income Expenditure Unrestricted funds Designated funds Designated Capital Funds 1,005,309 6.759 1.012,068 General funds General Fund Rovalualion ReseNe 127,884 537,654 {386,3991 124,7591 11,9501 252.330 12,500 12.500 140,384 537,554 1386,399 124,759) 11.9SOI 264,830 Total Unrestrlct&d funds 1,145,693 537,554 1386.3991 118.0001 11,950} 1,276,898 Restricted funds New Building CAP Centre Other restricted giving 2.371,488 7.012 81.291 14.840 114.8881 129,6241 10,000 8.000 2,447.891 228 25.757 120.9331 4,824 2.378.500 121.888 165,4451 18,000 2.452,943 Total of fund$ 3,524,193 659.442 14S1,8441 11,9501 3,729,841 Page 34 Griffin Stone Moscrop & Co
DocusSgn Irnvelope ID.. EeoE4CC7-5BFD4818-81D7-3CD7407DB251 SAWYERS CHURCH IA company Ilmltgd by guaranteg) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 19. Statement of funds Icontinuedl Statement of funds - prior ygar B81ance al 31 December 2024 Balance at l January 2024 Transfe in/(out) Gain (Losses) Income Expenditure Unrestricted fund$ D&slgnated funds Designated Capital Funds 1,002,588 2, 721 1,005,309 General funds General Fund Reva1ualion Reserve 114,774 422,604 (339,225) {40,OOQJ (30,269) 127,884 12,500 12,500 127.274 422,604 (339,225) (40,000) (30,269) 140,384 Total Unrestrlct&d funds 1, 129,862 422,604 (339,225) (40,000) (27,548) 1, 145,693 Restricted funds New Building CAP Centre Other restricted giwng 3,578,375 21,230 199,395 7,218 (22.493) (21,436? 40,000 (1,423, 789) 2,371,488 7,012 19, 788 (19, 788) 3,599, 605 226,401 (63. 717) 40,000 {1,423, 789) 2,378,500 Total of funds 4,729,467 649,005 (402,942J (1.451,337J 3,524, 193 Page 35 Griffin Stone Moscrop & Co
Docusign Envetope ID." E6DE4CC7-58FD-8818-81D7-3CD7467DB251 SAWYERS CHURCH A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 19. Statement of funds l¢ontinuedl The restricted funds represent amounts received for specific purposes.. New Building restricted funds are donations received through congregational giving and associated gift aid, grants received and gifts received from other churches. Spending from the fund is reslricled lo payments related lo the construction and filling out of the new church building. The closing fund on the New Build account reflects the new building value and the written down value of the fixed assets used to fit out the church. CAP Centre reslricled funds are donations received through congregational giving and associated gift aid, grants received and gifts received from other churches and charitie5 and is used to support the Brentwood & Baildon CAP Debt Centre which assists people lo become debt free. Spending is restricted lo payments related to the Debt Centre which includes Staff costs and subscriptions payable lo continue the partnership with Christians Against Poverty. The closing b81ance on the CAP account above will be Ltlilised to continue to run the Debt Centre in 2026. Other restricted funds include.. Mission including Disaster Appeals reslricled funds relat& lo donations and gift aid received from the Sawyers Church Congregation for missionaries which Sawyers Church support and for Intemalion81 Emergency appeals. Church events reslricled funds relate lo donations and gift aid reiVed from the Sawyers Church congr6galion lo support charitable activity events held by Sawyers church. Such support paid for part of the costs for running the Youth summer camp and a Christmas Dinner. External & Church member support reslricled funds relate lo a grant received and donations and gift aid received from the Sawyers Church congregation. Such donations supported Tuesday club events and other local charities such as Brentwood Foodbank. Church Building & Equipment gift restricted funds relate lo grants received and donations and gift aid received from the Sawyers Church congregation provided to purchase a sports equipment. Page 36 Griffin Stone M05crop & Co
Oocusun Envelope ID". E6DE4CC7-5BFD481&81D7-3CD7467DB251 SAWYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 20. Summary offunds Sumrnary offunds- current year Balance at 31 Galnsl December ILosse51 2025 Balance at 1 January 2025 Transfers inllouti Income Expendltur Designated funds General funds Restricted funds 1.005,309 140,384 2.378,500 6,759 124.7591 18,000 1,012.068 264,830 2.452,943 537,554 121,888 1386,3991 165,4451 11,9501 3.$24,193 659,442 1451.8441 11,9501 3,729,841 Summary offund$- prlor year Balance al 31 Decembei 2024 B&lanc8 al l January 2024 Transfers in/(out) Gains/ (Losses) Incom& Expenditure Designated funds General funds Restricted funds I,(X)2,588 127,274 3,599,605 2, 721 1.005,309 (40,000) (30,269) 140,384 40,000 (1,423, 789J 2,378,500 422,604 226,401 (339,225) (63, 717) 4, 729,467 649,005 (402,942? (1.451,33T) 3,524. 193 21. Analysls of not assets between funds Analysis of rbet assets between funds- current year Unrestrictsd Restricted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due within one year Creditors due in moro than one year 1,025,056 271.566 119.7241 2,447,890 10,523 15.3701 11001 3.472,946 282.089 125,094} {100) Total 1,276,898 2,452,943 3,729.841 Page 37 Grlffln Ste Moscrop & Co
Docusign Fnvekipe ID.. E6DE4CC7.SBFD481841D7.3CD7467DB251 SAIVYERS CHURCH IA company limited by guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 21. Analysis of net assets between funds IcontinLEedl Analysls of ngt assets beeen funds- prior year Unstricted fvnds 2024 Restricled funds 2024 Total funds 2024 Tangible fixed assets Current assets 1,095, 108 205, 725 (155,14QJ 2.373,835 3,468,943 10, 135 215,860 (5,370) 1160.510) (100? (iooj Creditors due within one year Creditors due in more than one year Total 1, 145,693 2,378,500 3,524, 193 22. Reconciliation of net movement In fund$ to nat cash flow from oparating activities 2025 2024 Nel income for the year las per Statement of Financial Aclivtties} 207,598 246,063 Adlustmonts for.. Depreciation charges Impairment loss on church building Dividends, interests and rents from investments Ilncreasg}Idgcrease in debtors and prepayments Inere85elldecreasel in Creditors 16.074 11.9501 12,4181 12.7271 1135,4161 10,838 (3.312) 8,400 122,746 Net ¢a$h provided by operating activitles 81,161 384, 735 Page 38 Griffln Stone Moscrop & Co
DoGusign En¥ek)pe ID." E6DE4CC7-5BFD-881U1D74CD7467DB251 SAVrfYERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 23. Analysls of cash and cash equlvalents 2025 2024 Cash in hand Short lem) dèposits and operating bank accounts 65 267,051 203,550 Total cash and cash equivalents 267.106 203,604 24. Analysis of changes in net debt At1 January 2025 Cash flows At31 December 2025 Cash al bank and in hand 203,604 63,502 267,106 203,604 63.502 267,106 25. Penslon commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charily lo the fund and amounted lo £8.009 12024 - £5,839). Amounts lolalling £nil12024- £1,0631 were payable lo the fund al the balance sheet date and are included in creditors. 26. Mgmbers Each member or Iruslee of the ¢harily commits to contribute if the charity is wound up an amount of £1. Page 39 Griffin Stone Moscrop & Co
Docusl9n Envelope ID.. E6DE4CC7-5BFD-8818-81D7-3CD7467C)B251 SAll4VERS CHURCH A company Ilmlt9d by guaranteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 27. Operating lease commitments Al 31 December 2025 the Company had commitments lo make future minimum lease p8yments under nonkncancellable operating leases as follows.. 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years 4.122 4.589 2.052 8,711 2,052 28. Other financial commitments Sawrs Chureh has an informal obligation lo pay any reasonable expenses related to the Sawyers Hall Lane Chapel Christian Workers Trust ISHLCCWTI registered charity number 10229631. For further information refer lo Note 291 Connected Charities. Page 40 Grlffin Stone Moscrop & Co
DoCu5n Envelope ID". E6DE4CC7-5BFB8l8-8lD7cD7467D825l SAl4VYERS CHURCH IA company limlted by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 29. Connected Charltles The Sawyers Hall Lane Chapel Christlan Workers Trust ISHLCCWTI registered charity number 1022963 is considered a connected charity as certain trustees and members of the Sawyers Church congregation are also Iruslees of SHLccwf. SHLCCWT provided a loan in March 2010 to an employee of S8wyers Church and spouse in order lo purchase a local freehold property which is secured by a Deed of Declaration of Trust. SHLCCWT holds a beneficial interest in the freehold property whereby the Trust benefits from a percentage of the increase in the property price until the loan is sellled. The amount due to a related charity of £100 12024 £1001 relates lo the capi181 sum of the Trust which was passed lo Sawyers Church when the SHLCCW bank account was closed in 2016. The amount due to SHLCCWT has been reported as a non current liability as fi is anticipated that further legal work will be required upon settlement of the propety loan. As SHLCCWT has no funds or income a non conlraclual obligation has been reported in Note 28 Other financial commitments for the required legal work. Fronuine Partnetship IFronllinel registgred charity number 1 D99813 is considered a conriecled charity as Peter Jordan (Senior Paslorl for several years has been both a Iruslee of Frontline Partnership and Sawyers Church. Up until May 2024 Frontline Partnership paid contribution towards costs as reported in Note 4 for the use of Sawyers Church buildings lincluding use of the Sion Community Cenlrel. Also number of adults with learning difficulties are employed by the church to help clean and sel LJP for activities. Up until Aug 2024 Sawyers Church paid Frontline Partnership administered the payroll for these employees, the costs of which are reported below a services provided along with other paymellls made lo Frontline. From September 2024 Sawyers Church look over responsibility of payroll adminislralion. The tabl8 below d&tails payments received and paid lo Frontline. There were no receivable or payable amounts wrth Frontline al the balance sheet dale12024- the same). 2025 Unrestricted Funds 2025 2024 Reslricled Unrestricted Funds Funds 2024 Reslricled Funds Payments received fmm Frontllne A¢commodalion fee contributions Payments made to Frondine Setvices provided Ministry gift Purchase of equipment 2,500 500 1,834 300 216 Page 41 Griffin Stone Moscrop & Co
Docusign FnVe1o ID." E6DE4CC7-5BFD-8818-81D7-3CD7467DB251 SAV¥YERS CHURCH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 30. Related party transactions Other than the transactions reported above the charity had the following ITansaclions with related parties.. al received donations including Gift Aid tolalling £37,229 12024.. £74,444) from related parties Iwhich includes Iruslees serving in the year and anyone closely connected lo Ih&ml. bl payments totalling £130,81412024.. £467,240) were made lo 4 Front Construction Limited for the cost of conslruding and fitting out the new building in Sawyers Hall Lane. Payments were also received from 4 Front Construction Limited of £6,67212024'. £9,175) for income received for office rentals under a short term rental agreement. The owner of 4 Front Construction Limited (Company registration number 065682371 Mr Alan MaKwood also served a5 a Trustee of Sawyers Church during 2023 up until his resignation on 31 December 2023. In 2024 Mr Alan Mallwood was employed as Transition Manager by Sawyers Church up until his resignation on 30 June 2025 and remains on the Leadership Team. At the balance sheet dale. the church owed £nil {2024- £128,864) to 4Fronl Construction Ltd. cl Mr Alan Mallwoods daughter. Alana. was paid £57812024 - £nill for providing administrative support. Page 42 Gdffin Stone Moscrop & Co