• ASCOT LIFE CHURCH
(A Charitable Company Limited by Guarantee)
TRUSTEES'/DIRECTORS' ANNUAL REPORT
and
FINANCIAL STATEMENTS
for the year ending
31" MARCH 2025
Registered Charity Number
1140436
Registered Company Number
07411973
175 New Road
Ascot
Berkshire
SL5 8PX

TRUSTEES, AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Year ending 31" March 2025
Contents
GENERAL INFORMATION............................................... . ......... ...... ... ....
REPORT OF THE TRUSTEES & DIRECORS..............................................
Our p￿r￿Se5 and Activilies.........................................................................
Aims..............................................................................................................
Activilies.....................................-......-..............-...........................................
Our Volunteer5 ....................................-........................................................
Achievements and Performance......
Financial Review....-.-...................................................................................
Investment powers and wlicy......................................................................
Funds...................................................-..-..-....-.............................................
Reserves Policy and Going Concern............................................................
Structure, Governance and Management......................................................
Reference and Adminislrative Details.....
10
INDEPENDENT EXAMINER'S REPORT..................................................12
Respective Responsibililies of Trustees and EX￿nIner..............................12
Ba515 of Independent Exarninerfs Report....................................................12
Independent Examinerfs s￿lement....
13
STATEMENTS OF FINANCIAL ACTIVITIES...........................................14
Suininary ollncome and Exp¢nditurc........................................................ 14
BALANCE SHEET........................................................................................15
NOTES TO THE FINANCIAL STATEMENTS........-..................................17
Accouniing Policies.
Legal Stalus of the Charity..............................................
Incorne....................................................-..-................................................20
17
19
Expenditure............-.....-.................................................................-.......-.... 21
Fixed A55¢15....-....-....-....-......-..-.-.......................-..-.....-..........-.......-.......-.... 22
Debiors........................................................................................................ 22
Creditors: Amounls Falling Due Within One Year....................................22
Analysis of Net Assets by Fund ..
.22
Net Movement in Funds.
.23
Trustees, Staff and Related Parties Remuneration and Benefits................ 24
Related Charities...............-...-.-..............................-..-.-.......-.......-......-........ 24
Financial Cominitments.............................................................................. 25
Independeni Exaininaiion........................................................................... 25

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Year ending 31" March 2025
GENERAL INFORMATION
TRUSTEES I DIRECTORS
Mr P. Newman
Mr P. Foster
Ms N. Gwati
Mrs S. Hale
Mr D.J.Hew50n
Chairman
Treasurer
ELDERS / COMPANY MEMBERS
Mr S. Argent
Mr P. Draper
Mr. J.Liddiard
Elder
Elder
Elder {from 231041241
BANKERS
Barclays Bank PLC
I, Churchill Place
London
E14 5HP
INDEPENDENT EXAMINER
Mr Philip Mount
54, Dedworth Road
Windsor
Berkshire
SL4 SAY

TRUSTEES, AND DIREcfoRS' ANNUAL REPORT
& FINANCIAL STATEMENTS
REPORT OF THE TRUSTEES & DIRECORS
The Trustees. who are also the Directors of the charity for the purF)ose5 of the Companies Art
2C￿6, present their report together with the financial statements of the charity for the year
ending 31, March 2025. which are also prepared to meet the requirements for a Directors,
Report and Accounts for Companies Act purposes.
The Trustees have prepared the finant131 statements to comply wtth the Charities Act 2011, the
Companies Act 2006. the Memorandum and Articles of Association. and Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) leffeciive l January 2015, updated l January 20191.
Our Purposes and Artivities
The purp05es ofthe charity are:
to advance the Christian faith in accordance with the Statement of Beliefs in the
Memorandum and Articles of Association-
to fulfil such other purposes which are exclusively charitable according to the13w of
England and Wales and are connected with the work of the charity
for the public benefit in and around Ascot and in such other parts of the United Kingdom or the
world as the Trustees may from time to time think fit.
Aims
The Church'5 main aim is to be 'a church that responds to and shares the love of Gcrfl. following
a New Testament pattern whilst engaging with our 21" Century culture. based on the values of
Worship, Communitvi Transformation, Serving and Mission.
A5COt Life Church IALCI has the general aim of contributing to the lives of people of all ages from
Ascot and the surrounding area5 by cornrnunicating the Christian faith to them in ways they can
relate to, and by involving as many people as possible in Christian worship and in the practical
outworking of the Christian faith. Everyone is welcome to participate in the life of the church
arKI to benef it from being part of this faith community.
Activities
The Church's Sunday rneetin8s have a contemporary feel reflecting the relevance of faith in Je5US
Christ to modern living. These meetings include a time of praise and worship followed by 8ible-
based teaching.
During the week, small groups called 'Life Groups. meet with the aim of encouraging those
involved in the life of the church to develop a deeper relationship with Christ. to experience his
life-transforming power and to share their faith with others. Online morning prayer meetings
using Zoom video conferencing software are also held on weekdays.
Ascot Life Church is a public benefit entity and the TrusteeslDirertors regard serving the
surrounding community a5 an important aspect of the church's activity. In ensuring that this
remain5 a significant feature of the life of the church they have considered the Charity

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Commi55i0n'5 guidance on public benefit. including the guidonce 'Public benefit.. running a
harity IPB21'.
Our Volunteers
Most of the activities of the church are dependent on volunteer5 With the church's staff team
playing a complementary facilitating and organising role. The church would not function
effectively without the contribution of volunteers and a significant proportion of the regular
participants in the life of the church play some kind of voluntary role. An assessment of the
number of people involved in volunteer roles during 2024-25 identified around 130 such
contributors to the life of the church. around 50% of adults or teenagers who regularly
participate in church life.
Achievements and Performance
The church meets on Sunday mornings at Ascot Racecourse, which provides a larger venue than
the church buildings to accommodate growth in the number of people participatin8 in the life
of the church over the last few years.
Throughout the year. several 8ible-based teachin8 series V￿re presented aimed at helping
people of all background5 to understand the me55a8e of the Bible better enabling them to grow
in their faith. in their relationship with God and with one another.
In the spring of 2024. after celebrating Easter. the church worked through a teaching series in
the first few chapters of the Old Testament book of Judges entitled 'Ruin and Restoration., This
series allowed pastors to conffont challenging apologetic topics such as the occurrence of
warfare and judgement in the Old Testament. as well as teaching repeatedly into the
importance of whole-life worship, and God's grace in restoring us when we fail. The church then
spent the summer holidays covering the biblical theme of 'rest' over 4 weeks.
DurinE the autLbmn of 2024 the church began a series called Yeach us to PraTrl, with the purpose
of both bringing scriptural teaching on prayer. and giving practical guidance on building a
personal life of prayer. This series was accompanied by indtvidual weekly practices
such as
praying the Lord's Prayer once a day- and some communal practices. such as 'Week of Prayer.
held in the middle of November.
Over the Christmas season. we held 4 services to celebrate the wonder of Jesus becoming
human, helping people from both the church and the surrounding community to connect with
God by responding to the good news of the gospel wherever they may be in their journey of
faith. Copies of short evangelistic books were 3150 distributed at the Carol Concert on 15
December to help newcomers, in particular. to continue their faith journey.
From January 2025 until March. the church re-entered the Book of Judges in a series called
'Weakness and Strength, which followed the life of Gideon and his legacy. This was another
challenging and inspiring series which revealed God's grace in Working with weak and broken
people - people just like us.
As a continued investment in the life and gr0￿h of the church. a staff member was taken on
as a Media and Communications Officer in August 2024, after having served as an intern for the
previous year. This staff member took on various responsibilities. tv￿ primary ones being the

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
co-ordination the church's communications, and resourcing of children's groups on Sundays. In
addition to thi5. a new Youth Worker was also ernployed on a part-time basis in December 2024.
This appointment was made to release another staff member into a full-time role as Operation5
Manager to facilitate the growing numbers and artivity of the church.
One major responsibility of the new Operations Manager was the oversight of renovations to
the church premises. This was named the 'Hub for Mission, project, as the aim was to develop
the current premise5 at 175 New Road to serve as a centre for training the church in gospel
outreach. as well as a place to serve the IIKal tommunity through multiple ongoing and future
project5. such as Community Cafe (launched in (ktober 20231 and Sunbeams parent and
toddler group Ilaunched in Sepiember 20241. The restricted funds for this project were raised
at two 'Gift Days, on Sundays Ortober 13, and 20, 2024.
Towards the close of the previous financial year. a new elder proposed in December 2023 was
affirmed by members. This elder was then appointed at the beginning of the new financial year.
on Sunday 23rd April.
In September 2023 the ALC Elders offiually took on transitional leadership for three years of
The 8rook Church Bagshot. following their pastorfs retirement. ALC Elders were appointed
Spiritual Leaders of this separate charitable legal entity with its own financial records and
Trustees. with the aim of reinvigorating and renewing the church after numerical decline going
back some years. This second year of transitional leadership has consisted of steadily
developing a strategy for relaunching the church under new leadership. namely the curient
Ministry Trainee on the staff of Ascot Life Church.
During 2024-25, the number of those regularly involved in church life was around 200 adults
and teenagers with an additional 120 or so aged 18 and under. Attendance at the main Sunday
morning meetings typically ranges between 190-240 people of all ages.
The church remains committed to supporting Christian organi5ations and ministrie5 both in the
UK and overseas and provides grants to Commission Apostolic Trust. TEAR Fund, Wycliffe Bible
Translators and Operation Mobilisation. Benevolent donations are also rnade by the church to
support the welfare of people experiencing financial hardship.
Financial Review
Dvring the year ended 31, March 2025 the church received a total of unrestricted income from
dorsations. Gift Aid and bank interest amounting to £253.580. Income tax recovered on
unrestricted Gift Aid donations was £45.876
Total unrestricted expenditure for the year was £269.884.
Total restricted income was £73.418 including income tax recovered on restricted Gift Aid
donations amounting to £11,628. £28,564 was expended from restricted funds.
Investment powers and policy
The Trustees/Oirectors aim to employ available funds towards the charitable aims of the church
and towards enhancing the viability of the church's work for the future. Irb view of this policy and
the relatively short time between the receipt of funds and their expenditure, all funds are held
in cash. Funds not immediately required are held on deposit.

TRUSTEES. AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Funds
Funds are allocated to the activities of the church from donations and from Gift Aid tax refund5.
64% of unrestricted income was allocated to staff costs to enable the attivities of the church to
be implemented effectively, with a further 16.4% used to cover the running costs of the church
buildings and rental of premises for Sunday morning meeting5. 11.1% of unrestricted income
Was allocated to grants for the support of organisations and individuals within the UK and
overseas that are directly involved in Christian V￿rk and whose objectives the Elders and
Trustee5 consider to be compatible with the charitable aims of the church. The remaining
unrestrirted funds were allocated to the general operating costs of the church.
Restricted funds in response to appeals to meet specific needs or where donors have specified
the purpose for which the funds should be used are allocated accordingly.
Reserves Policy and Going c0ft￿rn
The level of activity of the church is dependent upon voluntary donations from church members
and attenders together with tax reclaimed on donations made under the Gift Aid scheme. To
adequately cover the month-by-month operating costs of the church, the Trustees/Directors
onsider that the amount of unrestricted funds that should be immediately available at all times
as a reserve should equate to at least two months of Core Monthly Operating Costs ICMOCI,
which are defined as essential expenses such a5 those for salarie5. Utilitie5, essential property
maintenance, office costs. essential travel and necessary professional services. This level of
reserves is calculated each year after approval of the annual budget and is 5tress-tested against
the maximum liabilities of the church including such items a5 Statutory staff redundancy
payments and contractual obligations such as venue hire.
This level of reserves is considered adequate by the Trustees/Directors as it would be possible.
although not desirable, to reduce the level of activity of the church and its corresponding
outgoings in various ways Should reserves fall to such a level. Should available funds fall below
two rnonths CMOC. fund-raising appeals and cost-reduction plans affecting non-core costs
would be prepared and implemented if necessary to maintain reserves above the set threshold.
The church's general fund balance has been maintained at a good level Such that the
Trustees/Directors considered that it was important to invest more of the Church's funds in
employing and developing staff to enable the work of the church to be enhanced. The budget
for 2024-2S wa5 therefore intentionally structured to enhance the staff team and to provide staff
training with the expectation that expenditure would exceed income thereby reducing the
general fund balance. At the end of the financial year 2024-25. the expected reduction in the
general fund balance remained within Reserves Policy tolerances. The Trustees/Directors have
no immediate concern5 regarding the financial viability of the church as a going concern for the
foreseeable future.
Restricted funds are allocated for amounts raised in response to appea15 to meet specific needs
or where donor5 have designated their contributions for specific purposes. Most the church's
restricted funds active during 2024-25. were used for the 'Hub for Mission. project to develop
the current premises at 175 New Road. Further funds were used in support of Christian mission
work, to help those in need and to support an annual youth camp event.

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Structure. Governonce and Management
Governing Document
The charity's governing document is its Memorandum and Articles of Association, constituting a
Choritable Company Lirnited by Guarantee, as defined in the Companie5 Art 2011.
Appointment of New Trustees
As set out in the Articles of Association. the charity may by ordinary re501ution appoint a person
who is willing to act as a trustee. providing that they also become a director of the Charitable
Company and that they subscribe to the church's Statement of Beliefs.
Trustee Indurtion and Training
New Trustees are provided with terms of reference defining their role and are briefed by the
existing Trustees on the nature of their responsibilities. They are a150 encouraged to review the
information on the role of Trustees available on the Charity Commission website and are
encouraged to attend relevant external training events that will facilitate the undertaking of
their role.
Organi5ation
At the outset of the period covered by this report there were fNe Trustees. all church members
including D.J.Hew50n who joined within the 2024-25 period. The Trustees also Serve as Directors
of ALC a5 a Charitable Company. The Trustees/Directors take prime responsibility for ensuring
that Ascot Life Church fulfi15 Its charitable objetts and legal responsibilities and meet at least
three times a year.
For the period covered by this report, the church had three Elders who are also the Company
Members. The Elders meet bi-weekly and have responsibility for the spiritual oversight of the
church and oversee the day-to-day running of the church. Under the oversight of the Elders. the
responsibilities for runninE various church activities and ministries are further delegated to staff
members and to volunteer activity and group leaders.
The church had six employed members of staff at the start of the period covered by this report:
one Elder/Minister. one staff member covering a combined Youth Work and Operations role, a
part-time Children's Worker, one Ministry Trainee. a Church and Community Worker la previous
intern), and a new intef n. In July 2024 the part-time Children's Worker went on maternity leave
and their role was covered by a Maternity Cover appointment.
At the end of this period there were eight employed members of staff: one Elderlminister. one
Operations Manager, one Ministry Trainee, one Church and Community Worker. two part-time
Children's Workers lone a maternity cover), one Media and Communications Officer, and one
part-time Youth Worker.
Financial matter5 are dealt with by a treasury team co-ordinated by the Treasurer who provides
reports to the Trustees/Dirertors and to the Elders.
Salaries and other staff benefits are agreed by the Trustees/Directors who conduct an annual
review of staff remuneration taking accovnt of price and wage inflation and the responsibilities

TRUSTEES, AND DIREcfoRS' ANNUAL REPORT
& FINANCIAL STATEMENTS
of each role. They also periodically review available information on remuneration and benefits
for comparable roles.
Related Partie5 and Co￿peration with Other Organi54tions
None of the Trustees receive remuneration or other benefit from their work with the charitv.
Any contractual relationship or similar connection between the charity and a trustee of the
charity, its management personnel or a related party must be disclosed to the full board of
Trustees. In the current year no such related party contract5 or transactions were reported.

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Refrrence ond Administrative Detoils
The charlty is registered under the name 'Ascot Life Church..
Registered Charity Number.. 1140436
Registered Company Number: 07411973 (England and Wales)
egistered Office.. Ascot Life Church. 175 New Road. Ascot. Berkshire. SL5 8PX
Trustee5lDirertors'.
Mr P. Foster
Ms N. Gwati
Mrs S. Hale
Mr P. Newman
Mr D.J.Hewson
Property Tru5tee.' Baptist Union Corporation Limited
Company Mernbers and Key Management Personnel..
Mr S. Argent
Mr P. Oraper
Mr J.Liddiard
Trustees'loirectors, Responslbllltles In Relatiort to Financial Statements
The charity Trustees Iwho are also the Directors of Ascot Life Church for the purposes of
company lawl are responsible for preparing a Trustees. Annual Report and Financial Statements
in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accounting Prartice).
Company law require5 the charity Trustees to prepare financial statements for each financial
year that give a true and fair view of the state of affairs of the charitable company and of the
incoming resources and application of resources, including the income and expenditure of the
charitable company for that year. In preparing the financial statements. the Trustees are
required to..
select suitable accounting policies and then apply them consistently,.
ob5erye the methods and principle5 in the Charities SORP:
make judgement5 and estimates that are reasonable and prudent..
state whether applicable UK accounting standards have been followed, subject to any
material departures disc105ed and explained in the financial statements,.
prepare the financial statements on the 8oin8 concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial p051tion of the charitable company and to enable
them to ensure that the financial statement5 comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charitable Company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial
io

TRUSTEES, AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
information included on the charitable company s web51te. Legislation in the United Kingdom
80verning the preparation and disseminatiOD of financial statements may differ from legislation
in other jurisdiction5.
Statement as to Olsclosure to Our Independent Examiner
In so far as the Trustees are aware at the time of approving our Trustees'/Directors' Annual
Report..
there is no relevant information. being information needed by the Independent Examiner
in connection with preparing his report, of which the charitable company's Independent
Examiner is unaware. and
the Trustees/Dirertors. having made enquiries of fellow Directors and the church's
Independent Examiner that they ought to have individually taken. have each taken all
steps that he/she is obliged to take as a Oirector in order to make themselves aware of
any relevant audit information and to establish that the Independent Examiner is aware
of that information.
Independent Examiner
The Independent Examiner. Mr Philip Mount, will continue his appointment as per his letter of
engagement.
This report has been prepared in accordance with the Statement of Recommended Practice:
'Accounting and Reporting by Charities. and in accordance with the special provisions of Part 15
of the Companies Act 2006 relating to small entities.
By order oAthe b¢￿rd
5tee5/Dirertors
Signatur
Tru
ee/Director Name..
AJ L
Date:
li

TRUSTEES. AND DIREcfoRS' ANNUAL REPORT
& FINANCIAL STATEMENTS
INDEPENDENT EXAMINER'S REPORT
Report to the Directors / Trustees of Ascot Life Church. I report on the accounts of the company
for the year ended 31st March 2025, which are set out from Page 14.
Respertive Responsibilities of Trustees ond Examiner
The Trustees Iwho are also the Directors of the company for the purposes of company lawl are
responsible for the preparation of the account5. The Trustees consider that an audit is not
required for this year under section 144{21 of the Charities Act 2011 {the 2011 Act) and that
an Independent Examination is needed. Although the charity's gross income exceeded £250,000
by a small margin. the level of assets held was well below the £3.26M threshold that requires an
audit.
Having satisfied myself that the charity is not subject to audit under company law and is eligible
for independent examination, it is my responsibility to..
examine the accounts under section 145 of the 2011 Act-
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 1451Sllbl of the 2011 Act: and
to State whether particular matters have come to my attention.
Basis of Independent Exominer's Report
My examination was carried out in accordance with the general directions given by the
Charity Commi55ion. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations from
vou as Trustees concernin8 any such matters. The procedures undertaken do not provide all the
evidence that would be required in an audit and consequently no opinion is given as to whether
the accounts present a 'true and fair view, and the report is limited to th05e matters set out
in the statement below.
12

TRUSTEES. AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Independent Examiner s Statement
In connection with my examination, no matter has come to my attention:
111 which gives me reasonable cause to believe that in any material respect the requirements-
to keep accounting records in accordance with section 386 of the Companies Act 2006;
and
to prepare accounts which accord with the accounting records, comply with the
accounting requifements of section 396 of the Companies Act 2006 and with the
methods and principles of the Statement of Recommended Practice-. AccountinE and
Reporting by Charities have not been met- or
(21 to which, in my opinion, attention Should be drawn in order to enable a proper understanding
of the accounts to be reached.
Signed..
Mr Philip Mount TD AFA MIPA
54, Dedworth Road
Windsor
Berkshire
SL4 SAY
Dated..
13

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
STATEMENTS OF FINANCIAL AcfiviTIES
For the Year Ending 31" March 2025
lincludin8 summary income and expenditure account)
Summary of Income and Expenditure
Total funds
Year
endSn8
Mar-24
Unrestrkted Restrirted
fund5
funds
Mar-25
Mar-25
Total funds
Year endlne
Mar.25
Notes
INCOME & EXPENDITURE
Income from:
tk)nations and legacies
Investments
252,033
1.547
73,418
325.451
1.547
255.046
310
Total Income
253.580
73.418
326.998
255,356
Expenditure on:
Charitable activities
4a&b
269.884
28,564
298.448
251,142
Tolal Expend5ture
269.884
28.564
298.448
251,142
Nei In¢omel{expendituTel
116,3041
44,854
28,550
4,214
Transfers between funds
Net movement Sn funds
116.3041
44.854
28.550
4,214
Reconclllatlon of fvnds:
Total funds brought
forw3rd
64.962
5,198
70,160
65,946
Total lunds ￿rrIed forward
48.658
50,052
98,710
70,160
14

TRUSTEES. AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
BALANCE SHEET
A5 at 31SI Ma￿h 2025
Total funds
Mar-25
Total lunds
Mar-24
Notes
Flxed Assets
Tangible fixed assets
Total fixed assets
Current Assets
Debtors
Cash at bank and in hand
24.271
76.037
I(KI.308
9,385
61,666
71.051
Total Current Assets
Ilabllltles
Creditors= Amounts falling due within one year
Net current assets or liabilities
11.5981
98,710
18911
70.IfiJ
Total assets less current liabllitles
98.710
70,160
Total net assets ty Ilabolltles
98,710
70.160
The funds of the charity:
Restricted incomè funds
Unrestricted funds
SO,052
48.658
5,198
64,962
To￿￿ Charity Funds
98.710
70,160
15

TRUSTEES, AND DIREcfoRS' ANNUAL REPORT
& FINANCIAL STATEMENTS
For the period ending 3110312025 the company was entitled to exemption from audit under
section 477 of the Companies Act 2(K16 relating to small companies.
Directors'nru5tees' responsibilities..
the Members have not required the charitable company to obtain an audit of its accounts
for the year in question in accordance with section 476 of the Companies Act..
the DirertorslTrustees acknowledge their responsibilities for complying with the
requirements of the Art with respect to accounting records and the preparation of
accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies. re8ime.
The financial statements were approved by the Board of Trustees/Director5 On:
Director's Na
ector's Name= ........................................... .
Signed..
Si8ned-............. ...
16

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 3151 March 2025
Accounting Policies
The following accounting policies have been used in the preparation of the financial 5tatements-
8asls of Preparntlon
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 1021 {effective l January 2015, updated l January
20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 and the Companies Act 2￿6.
The financial statements have been prepared under the historical cost convention.
The accounts are prepared on an accruals basis and include income and expenditure as
they ore earned or accrued.
Preparation of the Accounts on a Goin8 Concem Basls
In view of the continued health of the church's general fund balance for 2024-25 the
Trustees/Directors have no concerns at present regarding the financial viability of the
charity and are satisfied that the reserves held by the charity are more than sufficient to
ensure its financial health for the foreseeable future.
Income
Donations under Gift Aid and all other donations and income are recognised as income
when they are received. The income tax recovery ass¢xiated with Gift Aid donations is
accrved to the sarne month in which the donations are received.
Interest Receivable
Interest on funds held on deposit is induded when receivable and the amount can be
measured reliably by the charity- this is nomially upon notification of the interest paid or
payable by the Bank.
Receipt of Donated Services and Facilities
The church benefits greatly from the involvement and support of its many volunteers and
the Trustees, Annual Report provides information about their contribution. In accordance
with the Charities SORP IFRS 1021. the general volunteer time of people involved with the
church is not assessed in economic terms and is therefore not recognised in the accounts.
Fund Accounting
Unrestricted funds are available to spend on activities that further any of the purposes of
the charity.
Oesignated funds are unrestricted funds of the charity which the Trustees/Directors have
decided at their discretion to set aside to use for specific purp05es.
17

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Restricted funds are donations that the donor has specified to be solely used for specific
purposes as part of the church's work or for specific projects being undertaken by the
church.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a
payment to a third party, that it 15 probable that Settlement will be required and the
amount of the obligation can be measured reliably. All expenditure is on charitable
activitie5 including the cost5 Of activities undertaken to further the purposes of the charity
and their associated 5UPPQrt costs.
Grants
The church makes donations to other organisation5 whose charitable objects complement
its own and to people involved in Christian work. These donations are accounted for when
paid over.
In accordance with the purposes of the charity to advance the Christian faith and to fulfil
other charitable purposes connected with the work of the charity {see 'Our purposes and
activitie5, in the report of the Trustees/Directorsl, the church made donations from its
unrestricted funds as shown in the table below during the reporting year=_
Commission Apostolic Trust
£12.600
Wycliffe Bible Translators
É2,652
Operation Mobilhsation
£2.652
Tearfund 00nati￿S
£1.896
Trinity Church Canada Support
E7,71)J
Baptist Union
£445
Oiher small donation5
£2(Ll
Total £28,145
Operating Leases
The charity classifies the lease of printing and photocopying equipment as an operating
lease. The title to the equipment remains with the lessor and the equipment is replaced
every few year5 whenever technology advancements make such replacement
economically advantageous. Rental charges are charged on a straight line basis over the
term of the lease.
Debtors
Trade and other debtors are recognised at the expected settlement amounts due.
Prepayments are valued at the amount prepaid.
Creditofs and Provislons
18

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Creditors and provisions are recognised where the charity has a present obligation
resulting from a past event that will probably result in the transfer of fund5 to a third party
and the amount due to settle the obli8ation can be measured or estimated reliablv.
Creditors and provisions are normally recognised at their expected settlement amount.
Flnanclal Instruments
The charity only ha5 financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction
value and subsequently measured at their settlement value.
m. Penslons
Following the introduction of pen5i0n auto enrolment, the church set up an account with
the National Employment Savings Trust INESTI. the workplace pension scheme set up by
the government especially for auto enrolment. New employees are automatically enrolled
into the NEST pension scherne at a basic level but have the flexibility to make contributions
at a level that suits their circumstances. or to opt out if they wish to do so. The church
makes corresponding employer contributions in accordance with terms agreed ID the
relevant contracts of employment.
The employer contributions made by the charity to the above schemes in 2024-25 and
treated as an expense amounted to £10.602. The aggregated amount paid to key
management personnel in 2024-25 amounted to £2.956.
Pension premiums for the charitable company's employees are paid from unrestricted
funds and are accounted for in the same month as the employees, related remuneration.
Legal Status of the Charity
The church is a Charitable Company Limited by Guarantee and has no Share capital. In the
event of the charity being wound up. the liability in respect of the guarantee is limited to
£10 per Member of the charity.
19

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Income
Income from l)onations and Legaties
Vnre5tri¢ted Restrlrted
Funds
Funds
Totsl Funds Total Funds
Mar-25
Mar-24
Unrestrlcted lunds:_
Donations under Gift Aid
Gift tax recovered
Donations- General
176.153
45.876
30,tN>I
252,033
176,153
45.876
30.1))4
252.033
168.826
44,157
36.819
249,802
Restrlrted lunds:.
Building Works Furbd
Newday Youth Camp Fund
Benevolent Fund
Connect Festival Event Fund
59.442
4,490
1.875
875
59,442
4.4
1.875
875
1,875
375
Dave Betts Support
Other Restricted Funds (Mar-251
2S2.033
73.418
325.451
255,046
Investment Income
Bank interest
1.547
1.547
1.547
1,547
310
310
Total Income
253.580
73.418
326,998
255,356
All the church's investment income arises from money held in interest bearing deposit
accounts.
Gift Aid tax recovered on restricted donations amounted to £11.628 and is induded in the
restricted fund totals in the above table.
Further details on the variou5 re5trirted funds can be seen under note 9.
No income from legacies was received in 2024-25.
20

TRUSTEES. AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
Expenditure
Expenditure on Charltable Artivities- Unrestricted Funds
Unrestylc￿d Restrlcted
Funds
Funds
Total Fvnds
Toial Funds
Mar-24
Mar-25
Stafl salaries and wage5
Employer's Nl
Efflployer pensSon contrlbutloThs
Churth house iosts
Grants
138.669
6.107
10.602
3.%3
28.14S
41.464
20.751
5.516
138.669
6,107
10.602
3.563
28.145
41.464
20.751
S.S16
108.331
3,311
8,139
21,698
29,339
40,744
8.625
5,748
3.164
3,214
4.420
6.260
645
Costs ol premises
Churth equipment and Its￿￿teS
Admlnistration and IT costs
Siaff resources and travel
Trainlng and Conferences
Siudents, yO￿h and Children's work
Outreach and Commtsnhywork
Gues1 speakers
Professional fees
3.622
3.969
3.057
535
3,622
3.969
3,OS7
S35
263
269.884
269.884
243,9)1
'Church house costs, relate to the house beneficially owned by the church as a manse for
a minister's living accommodation and include costs such as property insurance. council
tax and maintenance.
'Costs of premises, relate to the running costs of the church building5 and to the rental of
prernises at A5CQt R3cecour5e used for Sunday morning Services.
Notable variances: 'Staff salaries and wage5, increase in staff employed from six to eight
and inflation including National Living Wage increases. 'Church house costs, returned to
March 2023 expenditure levels following refurbishment during the 2023 - 2024 period.
'Church equipment and resources, one-off costs including new commercial tooker and
tents.
b. Expendlture on Charftable Actlvltles- Restrfcted Funds
Total
Funds
Mar-25
Total
Funds
Mar-24
Unrestrlcted Restricted
Funds
Funds
Bullding Works Fund
Newday Youth Canw Fund
Benevolent Fund
Connect Femlval Event Fund
Other restricted lunds exp <£500 (Mar-2S)
19.61KI
3.111
4.50S
19.6C
3.111
4.S05
2.810
1.810
466
2,155
7.241
28,564
28.564
21

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Further details on the various restritted funds can be seen under note 9.
Fixed Assets
The company has the beneficial use of a church property and manse by virtue of a trust
established in 1921. The title deeds to these freehold properties are held by the Baptist
Union Corporation.
The church buildings are located at 175, New Road. Ascot. Berkshire, SL5 8PX and had a
buildings insurance valuation of £1,466,528 declared by Baptist Insurance effective in April
2024.
The manse is located at 3, Whitelands Drive, Ascot. Berkshire, SL5 8LS. The buildings
insured sum was £420,(KM) IAXA Insurante Limited) as of April 2024.
These valuations have been used for the purposes of this Annual Report.
Debtors
Mar-25
Mar-24
Gift Aid lax recoverable due
Prepayment5
Other debtors and payments
21.617
2.654
B.188
1.197
24.271
9,385
Creditors: Amounts Falling Due Within One Year
Mar-25
Mar-24
Incomè tsx and Nl due
Other creditors
1.598
891
1.598
891
Analysls of Net Assets by Fund
Umestrkned Restricted Totsl Funds Total Funds
Funds
Funds
Mar-25
Mar-24
Fixed assets
Current assets
50.256
11.5981
48,658
50,052
I￿,308
11.5981
98.710
71.051
18911
70.160
Current liabililies
Fund Balances
50,052
22

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
Net Movement in Funds
Openkng
Balance
b•l¥n¢e
31103124 Re50ur(es EXpendi￿re Transfers IV0312S
UnrestTl¢ted 8enÈval funds
Restrlrted ful￿:.
Blhilding Works Fund
Newdayyouth Camp Fund
Youth Events
64,%2
253.580
269.884
48.658
S9.442
4.4
19.61
3.111
39.842
1,759
275
275
Benevolent Fund
Mens 8reakfast
Connect Festival Event Fund
Community Work Fund
Dave Betts Support
YWAM T & D Breen Support
4.010
1.875
4.505
1,380
48
125
875
16
16
391
6.731
70.1[￿j
326.998
298.448
98.710
Net movement in funds - previous year
Balan￿ In¢om
Balante
3V03123 Resources Emperrfllture Transfer$ 31103124
Unrestrlcted general funds
Restricted fund5:.
Newday Youth Camp Fund
Youth Events
Benevolent Fund
8ible Reading Notes Fund
Commission Festival Fund
CommLbnity Work Fund
Trinity Church. Canada Support
T&D Breen Support
PR Retirement Gift5
58,751
250.112
243.9Jl
64,962
29)
2.810
380
275
275
3.945
61
1.875
1,810
61
4.010
216
37S
125
22
16
931
540
391
1.189
250
L282
250
255.356
2SI.142
70,160
The Youth Events fund is used for incoming and outgoing funds for Christian youth events
that take place throughout the year.
23

TRUSTEES, AND DIRECTORS, ANNUAL REPORT
& FINANCIAL STATEMENTS
The Newday Youth Camp fund is used for incoming and outgoing funds for the ALC youth
group to attend ihe 'NewdaW annual Christian youth festival
The Benevolent Fund is used for donations designated for the support of those in need.
Where such need5 arise and the amount available within the restricted fund is insufficient,
these needs are covered from the church's general funds.
The Bible Reading Notes Fund is used to provide people with explanatory note5 about the
Bible to promote greater understanding of the Christian faith and of the Bible's relevance
to everyday living. This fund has now been closed as the note5 are now available free of
charge.
The Commission Festival fund 15 used for incoming and outgoing funds for the Commission
Festival at which Ascot Life Church joins with other churches from across the UK for
Christian worship, teaching and fellowship. Additional event expenses were covered from
general funds to meet the full costs of thi5 event.
The Community Work fund was derived PTimarily from donations received from a monthlv
community lunch run by ALC until the pandemic lockdown in the spring of 2020. These
donation5 often exceeded the cost5 of the food for the lunches so the excess funds are
used towards the cost5 of other community artivities provided by the church.
The Trinity Church, Canada support fund Iforrnerly Dave 8ett5 Support fund) ori5e5 from
donations from church members designated to support Trinity Church in Red Deer,
Alberta, Canada, led by Dave 8etts as he works to rejuvenate what was a Struggling church.
TheT&D 8reen fund Iformertythe Tazmin Foster Support fund) arises from donations from
church member5 designated for Tazmin and Daniel 8reen's support as they work with
Youth With A Mission. based in Perth. Australia.
Trustees, Staff and Related Parties Remuneration and Benefits
None of the Trustees have been paid any remuneration or received any other benefit5
from employment with the charitable company or a related entity. No trustee expenses
have been incurred.
The number of church employees was six at the start of the reporting year and eight at the
end of the year. Further details are given in the section about Organisation on pages 8-9.
No employee received emoluments in excess of £60.(XX) during the year.
The total remuneration received by the salaried church minister who deals with the day-
to-day management of the church's activities amounted to £42,741. The remunerated
church minister has beneficial use of the hosjse owned by the church as a manse for INing
accommodation, the rental value for which is included in the above figure.
There were no related party transactions in the reporting period that require disclosure.
The aggregated total donations received from rustees and related parties la5 defined in
the Charities SORP IFRS 1021 Appendix 11 during 2024-25 amounted to £36,889.
Related Charities
24

TRUSTEES. AND DIRECTORS. ANNUAL REPORT
& FINANCIAL STATEMENTS
The custodian truslee of the church buildings. including the church manse. rs the Baptist Union
Corporation knmited (Charity number 2496351, which is controlled by the Baptist Union
Council.
The church is affiliated to Commission Apostolic Trust (Charity number 11500171 and is
a150 a member of the 8apti5t Union of Great Britain (Charity number 11259121 and the
Southern Counties Baptist Association (Charity number 10910661. The church is also a
member of The Evangelical Alliance Icharity number 2123251.
Flnancial Commitments
The Charitable Company leases an office photocopierlprinter for which a total of £1,690
(including VATI was charged in the financial year 2024-25.
Independent Examination
The fee for independent examination of the church's accounts is expected to amount to
£250.
25