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||**Pages**|
|---|---|
|Trustees' Annual Report|2 to 6|
|Independent Examiners Report|7|
|Statement of Financial Activities|8|
|Summary Income and Expenditure Account|9|
|Balance Sheet|10|
|Statement of Cash flows|11|
|Notes to the Accounts|12 to 20|
|Detailed Statement of Financial Activities|21 to 23|
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|||**Unrestricted**|||
|---|---|---|---|---|
|||**funds**|**Total funds**|**Total funds**|
|||**2025**|**2025**|**2024**|
||**Notes**|£|£|£|
|**Income and endowments**|||||
|**from:**|||||
|Donations and legacies|4|202,299|202,299|251,235|
|Investments|5|||8|
|Other|6|28,679|28,679|46,302|
|**Total**||230,978|230,978|297,545|
|**Expenditure on:**|||||
|Raising funds|7|31,507|31,507|37,800|
|Charitable activities|8|10,981|10,981|21,986|
|Other|10|179,601|179,601|181,995|
|**Total**||222,089|222,089|241,781|
|Net gains on investments|||||
|**Net income**|11|8,889|8,889|55,764|
|Transfers between funds|||||
|**Net income before other**||8,889|8,889|55,764|
|**gains/(losses)**|||||
|**Other gains and losses**|||||
|**Net movement in funds**||8,889|8,889|55,764|
|**Reconciliation of funds:**|||||
|Total funds brought forward||1,154,001|1,154,001|1,098,237|
|**Total funds carried forward**||1,162,890|1,162,890|1,154,001|
##
||**2025**|**2024**|
|---|---|---|
||£|£|
|Income|230,978|297,537|
|Interest and investment income||8|
|**Gross income for the year**|230,978|297,545|
|Expenditure|185,042|193,448|
|Interest payable|31,823|43,109|
|Depreciation and charges for|||
|impairment of fixed assets|5,224|5,224|
|**Total expenditure for the year**|222,089|241,781|
|Net income before tax for the year|8,889|55,764|
|**Net income for the year**|8,889|55,764|
##
|**at 31 March 2025**||||
|---|---|---|---|
|**Company No.**
**07182472**|**Notes**|**2025**|**2024**|
|||£|£|
|**Fixed assets**||||
|Tangible assets|13|1,504,066|1,509,290|
|||1,504,066|1,509,290|
|**Current assets**||||
|Debtors|14|4,450|4,450|
|Cash at bank and in hand||2,948|11,881|
|||7,398|16,331|
|**Creditors:**Amount falling due within one year|15|(3,538)|(1,850)|
|**Net current assets**||3,860|14,481|
|**Total assets less current liabilities**||1,507,926|1,523,771|
|**Creditors:**Amounts falling due after more than one year|16|(345,036)|(369,770)|
|**Net assets excluding pension asset or liability**||1,162,890|1,154,001|
|**Total net assets**||1,162,890|1,154,001|
|**The funds of the charity**||||
|**Restricted funds**|17|||
|**Unrestricted funds**|17|||
|General funds||1,066,061|1,057,172|
|||1,066,061|1,057,172|
|**Reserves**|17|||
|Revaluation reserve||96,829|96,829|
|||96,829|96,829|
|**Total funds**||1,162,890|1,154,001|
##
##
||**2025**|**2024**|
|---|---|---|
||£|£|
|**Cash flows from operating activities**|||
|**Net income per Statement of Financial Activities**|8,889|55,764|
|**Adjustments for:**|||
|Depreciation of property, plant and equipment|5,224|5,224|
|Dividends, interest and rents from investments|(28,679)|(46,310)|
|Increase in trade and other receivables||(2,750)|
|increase/(Decrease) in trade and other payables|1,688|(965)|
|**Net cash (used in)/provided by operating activities**|(12,878)|10,963|
|**Cash flows from investing activities**|||
|Dividends, interest and rents from investments|28,679|46,310|
|**Net cash from investing activities**|28,679|46,310|
|**Cash flows from financing activities**|||
|Repayment of borrowings|(24,734)|(37,006)|
|**Net cash used in financing activities**|(24,734)|(37,006)|
|**Net (decrease)/increase in cash and cash equivalents**|(8,933)|20,267|
|**Cash and cash equivalents at the beginning of the year**|11,881|(8,386)|
|**Cash and cash equivalents at the end of the year**|2,948|11,881|
|**Components of cash and cash equivalents**|||
|Cash and bank balances|2,948|11,881|
||2,948|11,881|
##
##
|**Fund accounting**||
|---|---|
|Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the|
||general objects of the charity.|
|Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the|
||restatement of investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor or through|
||terms of an appeal.|
|Income||
|Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity|
|income|becomes entitled to, and virtually certain to receive, the income and the amount of|
||the income can be measured with sufficient reliability.|
|Income with related|Where income has related expenditure the income and related expenditure is|
|expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included in the|
|legacies|the SoFA when receivable and only when the Charity has unconditional|
||entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts|gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in expenditure)|
|and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and|
||material.|
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment income|This is included in the accounts when receivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market value|
|revaluation of fixed|at the end of the year.|
|assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
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|3
Statement of Financial Activities - prior year|||
|---|---|---|
||**Unrestricted**||
||**funds**|**Total funds**|
||**2024**|**2024**|
||£|£|
|**Income and endowments from:**|||
|Donations and legacies|251,235|251,235|
|Investments|8|8|
|Other|46,302|46,302|
|Total|297,545|297,545|
|**Expenditure on:**|||
|Raising funds|37,800|37,800|
|Charitable activities|21,986|21,986|
|Other|181,995|181,995|
|Total|241,781|241,781|
|Net income|55,764|55,764|
|**Net income before other**|||
||55,764|55,764|
|**gains/(losses)**|||
|Other gains**and losses:**|||
|**Net movement**in**funds**|55,764|55,764|
|**Reconciliation of funds:**|||
|Total funds brought forward|1,098,237|1,098,237|
|**Total funds carried forward**|1,154,001|1,154,001|
##
|**Income from donations and**legacies|||
|---|---|---|
||**Unrestricted**|Total
Total|
|||**2025**
**2024**|
||£|£
£|
|Offerings and tithes|45,927|45,927
72,845|
|Building fund|156,372|156,372
178,390|
||202,299|202,299
251,235|
|**Income from investments**|||
|||TotalTotal|
|||**20252024**|
|||£
£|
|Interest received||-
8|
|||-
8|
##
##
|6|**Other income**||||
|---|---|---|---|---|
|||**Unrestricted**|**Total**
**Total**||
||||**_2025_**|
**_2024_**|
|||£|££||
||Gift aid received|28,679|28,679|36,310|
||Grant|||9,992|
|||28,679|28,679|46,302|
|**7**|**Expenditure on raising funds**||||
|||**Unrestricted**|**Total**|
**Total**|
||||**_2025_**|
**_2024_**|
|||£|£|
£|
||_Costsofgenerating voluntary_||||
||_income_||||
||Event|16,007|16,007|12,762|
||RCCG WEM & Central Office||||
|||1,340|1,340|1,700|
||costs||||
||Honourarium|7,863|7,863|13,348|
||Worship expenses|5,265|5,265|9,990|
||_Fundraising trading costs_||||
||Books|1,032|1,032||
|||31,507|31,507|37,800|
|8|**Expenditure on charitable activities**||||
|||**Unrestricted**|**Total**|
**Total**|
||||**_2025_**|
**_2024_**|
|||£|£|
£|
||_Expenditure on charitable_||||
||_activities_||||
||Illumination fund raising||-|
7,510|
||Youth expenses|2,359|2,359|2,279|
||Other charitable activities|8,622|8,622|11,657|
||costs||||
||NFlame|||540|
||_Governance costs_||||
|||10,981|10,981|
21,986|
##
|12|**Staff costs**|||
|---|---|---|---|
|||**2025**|**2024**|
||Salaries and wages|83,919|72,364|
||Pension costs|473|473|
|||84,392|72,837|
##
||The average monthly number of full time equivalent employees during the year was as follows:|The average monthly number of full time equivalent employees during the year was as follows:||
|---|---|---|---|
|||**2025**|**2024**|
|||**Number**|**Number**|
||Pastoral|2|2|
||Administrative|2|2|
||Others|2|2|
|||6|6|
|13|**Tangible fixed assets**|||
|||||**Fixture,**||
|---|---|---|---|---|---|
|||**Land and**|**Motor**|**fittings and**|**Total**|
|||**buildings**|**Vehicle**|**computer**||
|||||**equipments**||
|||£|£|£|£|
||**Cost or revaluation**|||||
||At 1 April 2024|1,500,000|10,699|54,158|1,564,857|
||At 31 March 2025|1,500,000|10,699|54,158|1,564,857|
||**Depreciation and**|||||
||**impairment**|||||
||At 1 April 2024|-|10,698|44,869|55,567|
||Depreciation charge for the|-|-|5,224|5,224|
||year|||||
||At 31 March 2025||10,698|50,093|60,791|
||**Net book values**|||||
||At 31 March 2025|1,500,000|1|4,065|1,504,066|
||At 31 March 2024|1,500,000|1|9,289|1,509,290|
|14|**Debtors**|||||
||||**2025**||**2024**|
||||£||£|
||Other debtors||4,450||4,450|
||||4,450||4,450|
|15|**Creditors:**|||||
||amounts falling due within one year|||||
||||**2025**||**2024**|
||||£||£|
||Other taxes and social security||2,731||951|
||Other creditors||807||899|
||||3,538||1,850|
##
|16|Creditors:|||||
|---|---|---|---|---|---|
||amounts falling due after more than one year|||||
||||**2025**||**2024**|
||||£||£|
||Bank loans and overdrafts||345,036||369,770|
||||345,036||369,770|
|17|**Movement**in**funds**|||||
||||Incoming|||
||||resources||**At 31**|
||||(including|**Resources**|**March**|
||||other|**expended**|**2025**|
|||At 1 April|**gains/losses**|||
|||**2024**||||
||||£|£|£|
||**Restricted**funds:|||||
||**Unrestricted funds:**|||||
||**General funds**|1,057,172|230,978|(222,089)|1,066,061|
||**Revaluation Reserves:**|||||
||Revaluation fund|96,829|||96,829|
||_Total revaluation reserves_|96,829|||96,829|
||**Total funds**|1,154,001|230,978|(222,089)|1,162,890|
##
|**Analysis of net assets between funds**||||
|---|---|---|---|
||**Unrestricted**|**Restricted**||
||||Total|
||**funds**|**funds**||
||£|£|£|
|Fixed assets|1,504,066||1,504,066|
|Net current assets|3,860||3,860|
|Creditors due in more than one year and||||
|provisions||(345,036)|(345,036)|
||1,507,926|(345,036)|1,162,890|
|**Reconciliation of net debt**||||
|---|---|---|---|
||||**At 31**|
||At 1**April**||**March**|
||**2024**|**Cash flows**|**2025**|
||£|£|£|
|Cash and cash equivalents|11,881|(8,933)|2,948|
||11,881|(8,933)|2,948|
|Bank loans|(369,770)|24,734|(345,036)|
||(369,770)|24,734|(345,036)|
|Net debt|(357,889)|15,801|(342,088)|
##
##
||**2025**|**2025**|**2024**|**2024**|
|---|---|---|---|---|
||**Land and**||**Land and**||
|||**Other**||**Other**|
||**buildings**||**buildings**||
|Operating leases with expiry date:|||||
|**_Pension commitments_**|||||
|||**2025**||**2024**|
|||£||£|
|The pension cost charge to the company|||||
|amounted to:||473||473|
##
##
##
|**for the year ended 31 March 2025**||||
|---|---|---|---|
||**Unrestricted**|||
||**funds**|**Total funds**|**Total funds**|
||**2025**|**2025**|**2024**|
||£|£|£|
|**Income and endowments from:**||||
|Donations and legacies||||
|Offerings and tithes|45,927|45,927|72,845|
|Building fund|156,372|156,372|178,390|
||202,299|202,299|251,235|
|Investments||||
|Interest received|||8|
||||8|
|Other||||
|Gift aid received|28,679|28,679|36,310|
|Grant|||9,992|
||28,679|28,679|46,302|
|**Total income and endowments**|230,978|230,978|297,545|
|**Expenditure on:**||||
|Costs of generating donations and||||
|legacies||||
|Event|16,007|16,007|12,762|
|RCCG WEM & Central Office costs|1,340|1,340|1,700|
|Honourarium|7,863|7,863|13,348|
|Worship expenses|5,265|5,265|9,990|
||30,475|30,475|37,800|
|Costs of other trading activities||||
|Books|1,032|1,032||
||1,032|1,032||
|**Total of expenditure on raising**|31,507|31,507|37,800|
|**funds**||||
|Charitable activities||||
|Illumination fund raising||-|7,510|
|Youth expenses|2,359|2,359|2,279|
|Other charitable activities costs|8,622|8,622|11,657|
|NFlame||-|540|
||10,981|10,981|21,986|
|**Total of expenditure on charitable**
**activities**|10,981|10,981|21,986|
|Other expenditure||||
|Bank loan interest payable|31,724|31,724|42,320|
|Other interest payable|99|99|789|
##
|**Revival Christian Church Of Enfield**
**Detailed Statement of Financial Activities**||||
|---|---|---|---|
||31,823|31,823|43,109|
|Employee costs||||
|Salaries/wages|83,919|83,919|72,364|
|Pension costs|473|473|473|
|Staff entertainment||-|1,356|
|Staff training|-|-|1,770|
|Welfare|2,931|2,931|2,888|
||87,323|87,323|78,851|
|Motor and travel costs||||
|Vehicles-Fuel|9,088|9,088|9,717|
|Vehicles-Insurance and licences|843|843|933|
|Vehicles-Repairs and|2,618|2,618|535|
|maintenance||||
||12,549|12,549|11,185|
|Premises costs||||
|Rates|2,125|2,125|2,421|
|Light, heat and power|12,532|12,532|11,252|
|Premises cleaning|874|874|848|
|Premises insurances|2,506|2,506|4,500|
|Premises repairs and|4,181|4,181|6,369|
|maintenance||||
||22,218|22,218|25,390|
|General administrative costs,||||
|including depreciation and||||
|amortisation||||
|Depreciation of Motor Vehicle||||
|Depreciation of Fixture, fittings|5,224|5,224|5,224|
|and computer equipments||||
|Bank charges|2,830|2,830|3,370|
|General insurances|693|693|-|
|Software, IT support and related|7,494|7,494|2,710|
|costs||||
|Stationery and printing|2,426|2,426|3,684|
|Subscriptions|1,389|1,389|30|
|Sundry expenses|34|34|463|
|Telephone, fax and broadband|5,598|5,598|7,229|
||25,688|25,688|22,710|
|Legal and professional costs||||
|Other legal and professional|-|-|750|
|costs||||
||-|-|750|
|**Total of expenditure of other costs**|179,601|179,601|181,995|
|**Total expenditure**|222,089|222,089|241,781|
|Net gains on investments||||
|**Net income**|8,889|8,889|55,764|
|8,889|8,889|55,764|
|---|---|---|
|8,889|8,889|55,764|
|1,154,001|1,154,001|1,098,237|
|1,162,890|1,162,890|1,154,001|