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2025-08-31-accounts

Trustees’ Annual Report for the period 1 September 2024 – 31 August 2025 Registered charity number 1143773

263 Barry Road East Dulwich London SE22 0JT

OBJECTIVES AND ACTIVITIES

  1. The purpose of the Charity is to advance the Christian faith in the neighbourhood of East Dulwich and those who associate with it and benefit from its ministry.

  2. In achieving our purpose, we engage in a range of activities, either on our own or with others, including (but not restricted to):

  3. a. the celebration of public worship

  4. b. the teaching of the Christian faith

  5. c. mission and evangelism

  6. d. pastoral work, including visiting the sick and the bereaved

  7. e. the provision of facilities with a Christian ethos for the local community, including (but not restricted to) the elderly, the young and other groups with special needs

  8. f. the support of other charities in the UK and overseas

  9. Our mission statement is that:

We believe in God, as revealed through his Son, Jesus Christ, the Scriptures and the work of the Holy Spirit.

We exist to:

We are committed to:

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

REVIEW OF PROGRESS AND ACHIEVEMENTS

PUBLIC WORSHIP

  1. Worship services were held every Sunday and on other Christian festivals, usually led either by an ordained minister or lay preacher. “All Age Worship” was held once per month - a more informal service designed for both children and adults. Once per quarter, the service was led by the Christ Church “worship group”, made up of church members, or by other members of the congregation.

  2. Services are advertised on notice boards and signage outside the church, and on the church website.

  3. We make our services as accessible as possible. This includes projecting an outline of the service and words of hymns on a screen at the front of the church. The sound system has an induction loop. Services vary in style, with both traditional and modern hymns, and accompaniment either from the organ or a “digital hymnal”, when no organist is available.

  4. In November 2024, Christ Church mourned the passing of Judith Hunter - the church’s long-standing regular organist - who is greatly missed.

CHILDREN AND YOUNG PEOPLE

  1. Our Junior Church caters for children aged 5-12. Sessions run each Sunday, except on monthly All Age Worship Sundays, when the children remain in the main service, and during August, when Junior Church takes a summer break. We no longer run a creche but under 5s are welcome to play in the café area and we offer baby-changing facilities.

  2. The children continued to hold their activities in the café area of the church. This arrangement works well, as it enables them to take part in the main service, before moving to the back for their own session.

  3. The children at Christ Church are actively involved in wider church life, including collecting the offertory, reading the Bible during services, and sharing what they have been working on at church meetings.

  4. Over the past couple of years, Junior Church has been exploring the theme of climate change, in line with the Eco Church initiative. They have been focusing on the small, practical steps we can take to care for our environment. The group has also been making greater use of materials from the worship resource Roots , to support their learning and activities.

BROWNIES

  1. The 8[th] East Dulwich (Christ Church) Brownies continued to meet in the church’s back hall on Friday evenings (term-time).

  2. The Brown Owl was supported by a rota of two unit helpers, one of whom has now started leadership training. She also had support from two ex-8[th] East Dulwich Brownies who had come back to do their Duke of Edinburgh Award with the group and decided to stay on as young leaders.

  3. In May 2025 the Brownies enjoyed attending Brownie Mayhem in Sussex, a major guiding event attended by thousands of girls from London and the South East.

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

COMMUNITY

Bread of Life Project

  1. The Bread of Life project exists to enable Christ Church - with other local churches and community groups - to develop further the sense of community in the local neighbourhood and to promote the vision of a fair trading system for the wider world community, campaign for a healthier local community, explore the possibility of meeting specific needs among those who are socially excluded and to demonstrate faith in action through the church’s day to day practical outreach work.

Bread of Life Café

  1. The church’s Bread of Life Cafe provides a place for the local community to meet and enjoy refreshments from a broad menu of reasonably-priced snacks and meals. It is open to the public Monday-Friday. It also caters for various church events, such as funerals.

  2. Café trade continued to feel the effects of the cost-of-living crisis and remained below prepandemic levels. Café hours needed to be reduced as a result. However, despite a rise in food costs, effort was made wherever possible not to pass these increases on to customers.

  3. The Café and Fair Trade Centre work closely together and the café uses Fair Trade tea bags and coffee from the Centre.

Fair Trade Centre (FTC)

  1. Christ Church’s Fair Trade Centre (FTC) is, as far as we know, the only remaining churchbased fair trade centre in London. We believe that the FTC provides an important role in raising awareness of fair trade, provides a service for the local community and helps our global neighbours through the sale of fair trade products.

  2. The FTC was open five and a half days a week (Monday - Friday, 10am - 2pm, and Saturdays 10am - 1pm), run by a part-time manager and a team of 11 committed volunteers. The FTC manager worked six paid hours per week. The volunteers are a diverse group and a mixture of Christ Church members, members of other local churches and others from the local community of no faith background. Volunteering at the FTC provides fulfilling work experience, a supportive community and way to work together to help our global neighbours.

  3. During this period, the FTC Manager salary was partly paid via church funds, and partly via a grant from the URC’s Strategic Mission Fund (£4,000 per year for the period 202327).

  4. We continued to use our FTC Action Plan to set clear goals for the FTC, and to monitor progress against these.

  5. The FTC continued to promote fair trade to the church and community through its events and activities. In 2024-25, these included:

  6. a. holding a Fair Trade Breakfast event at Christ Church in September 2024, for church and community, marking the 30[th] anniversary of the Fairtrade Mark. We also held a fair trade church service that month, during Fair Trade Fortnight.

  7. b. running off-site fair trade stalls and doing fair trade talks at local churches; running fair trade stalls at other local venues, such as Carnegie Library. We also held a coffee morning for other circuit churches, in February 2025, to

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

provide information about becoming a fair trade church and to encourage them to buy supplies from our FTC.

Warm Hub

  1. The Christ Church “Warm Hub” initiative provides a weekly opportunity for members of the local community – especially older people and those who might be lonely or isolated – to meet for refreshments, fellowship and mutual support. The Warm Hub began in response to the cost-of-living crisis and has quickly become a popular and successful weekly outreach for the local community.

  2. The Warm Hub takes place in the church café on Wednesday mornings, and is now known as the “Wednesday Warm Hub and Friendship Group”. It is run by a committed team of volunteers from church and community, in partnership with the church cafe. In 2024-25 it had 20 members and an average weekly attendance of around 15. Warm Hub attendees are supported by the volunteers but they also support and help each other e.g. sharing advice on mobile phones and mobility scooter maintenance. Members enjoy reminiscing, as well as playing dominoes and cards.

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

  1. Over the year 2024-25, the Warm Hub hosted visits from Southwark Pensioners’ Centre, who provided advice on benefits and energy-saving.

  2. Over the year the group benefited from a £1900 grant from United St Saviour’s Charity, a £900 grant from Southwark Council’s Warm Spaces Fund and a major, anonymous donation from an individual donor. A tombola was also held to raise money for the group, with items donated by some of the group members themselves.

USE OF BUILDINGS

  1. The church buildings continue to be used by two church congregations - Christ Church and Gateway Ministries - for services, meetings and other activities. They are also used by many community groups and individuals, hiring rooms for their own events and activities, both during the week and at weekends.

  2. 2024-25 regular lettings included: Momiies World breakfast and after-school club, several other children’s groups (Heartbeeps, Funky Monkey, Tiny Tots, Brownies, a Spanish class and a childminders’ group); Opal Flutes (adult music group), Alcoholics Anonymous and a pilates group. There were also ad hoc bookings from two other churches and the Dulwich Hill ward police held their quarterly meetings in the church cafe.

  3. During the year, the following buildings and maintenance work was carried out:

  4. a. Two major water leaks were investigated and a water smart meter installed (the leak issue was resolved in the year 2025-26).

  5. b. Maintenance work was done to the roof and gutters.

  6. c. The overhead heaters in the church and meeting rooms were serviced.

  7. d. Both central heating boilers were serviced

  8. e. The fire alarm system had its annual service and was tested every Sunday.

  9. f. Fire extinguishers were checked and replaced, as needed

  10. Elders and members agreed to use a legacy gift from former church member Jean Halden to purchase some new, upholstered church chairs, which were greatly needed.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Type of governing
document
Constitution
How the charity is
constituted
Unincorporated Association
Trustee selection methods Elected by Church Meeting, some ex-officio, some co-option by
Trustees

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

Additional governance
information
Christ Church, East Dulwich is a Local Ecumenical Project
comprising Emmanuel United Reformed Church and Barry
Road Methodist Church. The Participating Denominations are
The United Reformed Church and The Methodist Church.
The Sponsoring Body is Churches Together in South London.
The church is part of the Southwark and Deptford Methodist
Circuit and the United Reformed Church Southern Synod.
Christ Church, East Dulwich is a Local Ecumenical Project
comprising Emmanuel United Reformed Church and Barry
Road Methodist Church. The Participating Denominations are
The United Reformed Church and The Methodist Church.
The Sponsoring Body is Churches Together in South London.
The church is part of the Southwark and Deptford Methodist
Circuit and the United Reformed Church Southern Synod.
Trustees at 31 August
2025
Office (if any) Body entitled to appoint
trustee
Bendov Ansa-Otu Church Meeting
Jennifer Dyer Church Meeting
Revd David Markay Minister Ex-officio
Yvonne Sackey Church Meeting
Massah Sawi Church Meeting
Colin Watson Church Meeting
Rachael Wilson Minister Ex-officio

FINANCIAL REVIEW

  1. Church finances continued to be impacted adversely by two main factors: a) inconsistent growth in rental income and b) significant increases in energy prices, arising from the conflicts in Ukraine and the Middle East. Water charges remained high due to leakages, which are now undergoing repairs. Trade at the Bread of life Café continued to be slow and below pre-pandemic levels.

  2. For the year ended 31 August 2025, CCED reported a net movement deficit of (£29,265), which deteriorated our General Fund. Going forward, the expectation is that the General fund will at least break even each year.

  3. A detailed financial recovery plan is currently being implemented, to include: reviewed and increased rental charges for church spaces; an improved website, including an online booking system for space hire; renegotiated gas and electricity contracts; tightened expenditure controls; a review of the Methodist and URC annual assessment contributions, so that these are more reflective of the diminishing church membership.

  4. The church's reserves policy is to maintain General Fund reserves at least equal to 6 months’ expenditure. The General Fund represents church funds that are not subject to any restrictions regarding their use and are available for application to the general purposes of the church. Sources of funds are weekly offerings, tax recoveries, donations, lettings income, grants and the sale of fairly-traded goods.

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

DECLARATION

The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Revd. David Markay Sandra Mills Lanquaye
Position(s)
Date
Minister Treasurer
27.06.26

263 Barry Rd. East Dulwich SE22 0JT 24-25 Annual report - final version @ 26.06.26

www.cced.org.uk

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Signed: __________ Date: Revd. David Markay (Minister)

Signed: __________ Date:

Sandra Mills Lanquaye (Church Treasurer)

Page | 1

Contents

Contents
Page
Examiner's Report 3
Accounting Policies 4
Statement of Financial Activities 6
Balance Sheet 7
Statement of Assets and Liabilities 8
Fund Movement Summary 9
Analysis of Income and Expenditure 10
Incoming Resources
Resources Used

Page | 2

Independent Examiner's Report on the Account

Report to the trustees/ members of

On accounts for the year ended Respective responsibilities of trustees and examiner

Basis of independent My examination was conducted in accordance with General Directions given by the Charity examiner’s statement Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner's
statement
Signed:
Name:
Relevant professional
qualification(s) or body (if
any):
Address:
In the course of my examination, no matter has come to my attention,
which gives me reasonable cause to believe that in, any material respect, the trustees have not met the
requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of the Act); and

accounts are prepared which agree with the accounting records and comply with the accounting
requirements of the Act; or

to which, in my opinion, attention should be drawn to enable a proper understanding of the
accounts to be reached.
Date:
21/06/2026
In the course of my examination, no matter has come to my attention,
which gives me reasonable cause to believe that in, any material respect, the trustees have not met the
requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of the Act); and

accounts are prepared which agree with the accounting records and comply with the accounting
requirements of the Act; or

to which, in my opinion, attention should be drawn to enable a proper understanding of the
accounts to be reached.
Date:
21/06/2026
21/06/2026
Robert A M Quaye
ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS
Probitas Accountancy
180 Chigwell Road
South Woodford
London, E18 1HA

Page | 3

Statement of Accounts

For the period from 1[st] September 2024 to 31[st] August 2025

ACCOUNTING POLICIES

Basis of preparation of accounts

The accounts are prepared in accordance with the historic cost convention and with applicable accounting standards and the Statement of Recommended Practice for charity accounts.

The accounts have been prepared on an ‘accruals’ basis.

It is not considered relevant to include a valuation for the Church land and buildings on the Balance Sheet. The building and its contents are insured for £6.8m.

Funds

The General Fund represents funds of the Church that are not subject to any restrictions regarding their use and are available for application to the general purposes of the Church.

Other funds of the church are either designated, where money has been earmarked for specific purposes, or restricted to be used for the purposes for which the money was given.

The church's reserves policy is to maintain General Fund reserves at least equal to 6 months’ expenditure. The General Fund represents church funds that are not subject to any restrictions regarding their use and are available for application to the general purposes of the church. Sources of funds are weekly offerings, tax recoveries, donations, lettings income, grants and the sale of fairly-traded goods.

The Benevolence Fund is for special offerings, which are used to make donations in cash or kind to individuals and relief agencies.

The Emmanuel Saints Memorial Trust has been transferred from restricted funds into an Endowment Fund

Uncertainty

Finances continue to be impacted adversely by inconsistent growth in Rental Income, significant increases in Energy prices due to the conflicts in Ukraine and more recently in the Middle East. Water Charges remain high due to leakages currently undergoing repairs. Trade at the Bread of life Café is still sluggish, and remains below Pandemic levels

For the year ended 31[st] August 25, CCED reported a Net Movement deficit of (£29,265), which deteriorated our General Fund. Going forward, the expectation is that the General fund will at least break-even each year.

Funds are currently represented as follows:

Fund Type 24-25
Closing
Balances
23-24
Closing
Balances
General (Unrestricted) -£28,281 £984
Designated £55,018 £47,018
Restricted £17,486 £15,401
Endowment £44,758 £44,488
Total £88,980 £107,891

Page | 4

Recovery Plan

Enabling Financial Sustainability

Page | 5

CHRIS CHvficH Ea5¢0￿￿1￿n Statement of Fin8ntial Activities Forthe pèriod from 01 Sepl8mber 2024 to 31 August2025 Unreslrictsd fvnds Reslrictsd Priorye lotl fvnds nds Incomiw ittources InC￿1r￿j wuicfvomoTh018d fur Vthntary I￿[￿ne Acfft5Ioig&￿I￿ngfyn lnt Incon Lthws Incme Grart Incon SunlryincL Inc￿l￿g rESOU[C￿ from I Incomiw ie50urce5 ,349- 29,319 25.4 15,265 17.587- Tow inci Re5QUtcesu s,1￿)- 76221 C(d0fg￿￿ngfy￿ts &)stolgwiabn9w)lu￿8rylnC lundiaisiffjtrading t(tslolith￿5 andotrÉi IrMthErtmanwmertCL Clartth acNk5 Circurt&V￿￿rI0r Share Gran&and 21,4fAI- 75 27,4 650 21, 575- 0￿￿ract￿E5{knaloiganlsa￿l￿I airs ￿ MaInten￿Ce Insurance, U11￿￿5 Church ￿n￿￿￿entand min15tr stock 0￿re￿[￿nI￿re GcNEman¢e co OthBr resourc￿ u 2.440- 2.M1 21. 11,￿2 28,1￿- 2.287- 12.￿- 2,287 12,%3 s,￿6 2,462 9.0 6.621 Total euu¥Jrtuie Net I lewjrtwel [WU￿l￿tran5fei .387 3.015- 105.OX) -19,244 Tian51ers. GIosstransl8ts beh¥e8n funds- In Gr05StrIn5￿ tthn funts-QLI gains i Gains,'kn55on iknnl a5ts Gains M N¢lualon, a￿ts cfrys Nn N8t ML￿8￿1 In fu 74.498 -74.1 -21.2F .1fj.232 Totsl b[￿h1 lowtd Totsl Carr￿ I0￿[d 15,401 11,486 107,891 124,1TJ 101,891 26.7 44,158 Pagelo

Balance Sheet detailed as @ 31[st] August 2025

As at As at
31/08/2025 31/08/2024
Fixed assets
6430: Investments £44,758 £44,488
Total Fixed assets £44,758 £44,488
Current assets
6520: Sundry debtors - -
6521: Prepayments £7,820 £6,325
6530: Methodist CFB deposit account £358 £12,472
6531: URC deposit account £1,187 £677
6540: Christ Church current account £1,095 £17,261
6541: Development Fund current account £1,536 £5,531
6542: FTC current account £11,236 £4,511
6548: Cash Church £134 £292
6549: Cash FTC £507 £459
6550: Stock £8,819 £8,819
Z05: Accounts Receivable £14,878 £9,313
Total Current assets £47,569 £65,660
Liabilities
6610: Sundry creditors - -
6611: Receipts in advance - -
6620: Loans due - -
6699: Agency collections £90 £90
Z04: Accounts Payable £3,257 £2,167
Total Liabilities £3,347 £2,257
Net Asset surplus (deficit) £88,980 £107,891
Reserves
Excess/(deficit) to date -£19,181 -£19,244
Z01: Starting balances £107,891 £124,123
Z02: Other gains/(losses) £270 £3,012
Total Reserves
£88,980 £107,891

Page | 7

Statement of Assets and Liabilities as @ 31[st] August 2025

Page | 8

Fund Movement Summary as @ 31[st] August 2025

----- Start of picture text -----
Fund Opening balance Closing balance
Beq2021 - Bequests and In Memoria 2021
----- End of picture text -----

Designated 15,000 23,000
15,000 23,000
Bldg - Building Fund
Designated 5,000 5,000
5,000 5,000
Emman - Emmanuel Saints Memorial Trust
Restricted - -
Endowment 44,488 44,758
44,488 44,758
FHKing - Florence Hazel King Will Trust
Designated 14,543 14,543
14,543 14,543
FlowerFd - Flower Fund
Restricted - -
- -
FTCres - FTC worker reserve
Designated - -
- -
Kitchen - Church Kitchen Refurbishment
Designated - -
- -
WHP - Warm Hub Project
Restricted 1,213 3,873
1,213 3,873
General - General fund
Unrestricted 984 -26,335
984 -26,335
Children - Childrens Work
Designated 956 956
956 956
ChRedec - Church Redecoration
Designated - -
- -
FurEquip - Furniture and Equipment
Designated 3,000 3,000
3,000 3,000
HBB - Hymn Books and Bibles
Restricted - -
- -
IT - IT equipment
Designated - -
- -
ManMin - Manse and Ministerial
Designated - -
- -
Music - Music
Designated 500 500
500 500
BoLComm - Bread of Life Community Development
Restricted - -
- -
BoLunres - Bread of Life unrestricted funds
Unrestricted 0 -1,946
0 -1,946
BoLFTCtrad - Bread of Life Fair Trade Centre (trading)
Designated 8,019 8,019
8,019 8,019
BoLFTCwork - Bread of Life Fair Trade Centre Worker
Restricted 13,385 13,385
13,385 13,385
BoLFTCcal - Bread of Life Fair Trade Centre (calendar project)
Restricted - -
- -
FTC10yrs - FTC 10 year anniversary event
Restricted - -
- -
Ben - Benevolence Fund
Restricted 803 228
803 228
Overall totals 107,891 88,980

Page | 9

Analysis of income and expenditure as @ 31[st] August 2025

Page | 10

CHRIS CHvficH Ea5¢0￿￿1￿n Pagel 11

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Signed: __________ Date: Revd. David Markay (Minister)

Signed: __________ Date:

Sandra Mills Lanquaye (Church Treasurer)

Page | 1

Contents

Contents
Page
Examiner's Report 3
Accounting Policies 4
Statement of Financial Activities 6
Balance Sheet 7
Statement of Assets and Liabilities 8
Fund Movement Summary 9
Analysis of Income and Expenditure 10
Incoming Resources
Resources Used

Page | 2

Independent Examiner's Report on the Account

Report to the trustees/ members of

On accounts for the year ended Respective responsibilities of trustees and examiner

Basis of independent My examination was conducted in accordance with General Directions given by the Charity examiner’s statement Commissioners. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner's
statement
Signed:
Name:
Relevant professional
qualification(s) or body (if
any):
Address:
In the course of my examination, no matter has come to my attention,
which gives me reasonable cause to believe that in, any material respect, the trustees have not met the
requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of the Act); and

accounts are prepared which agree with the accounting records and comply with the accounting
requirements of the Act; or

to which, in my opinion, attention should be drawn to enable a proper understanding of the
accounts to be reached.
Date:
21/06/2026
In the course of my examination, no matter has come to my attention,
which gives me reasonable cause to believe that in, any material respect, the trustees have not met the
requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of the Act); and

accounts are prepared which agree with the accounting records and comply with the accounting
requirements of the Act; or

to which, in my opinion, attention should be drawn to enable a proper understanding of the
accounts to be reached.
Date:
21/06/2026
21/06/2026
Robert A M Quaye
ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS
Probitas Accountancy
180 Chigwell Road
South Woodford
London, E18 1HA

Page | 3

Statement of Accounts

For the period from 1[st] September 2024 to 31[st] August 2025

ACCOUNTING POLICIES

Basis of preparation of accounts

The accounts are prepared in accordance with the historic cost convention and with applicable accounting standards and the Statement of Recommended Practice for charity accounts.

The accounts have been prepared on an ‘accruals’ basis.

It is not considered relevant to include a valuation for the Church land and buildings on the Balance Sheet. The building and its contents are insured for £6.8m.

Funds

The General Fund represents funds of the Church that are not subject to any restrictions regarding their use and are available for application to the general purposes of the Church.

Other funds of the church are either designated, where money has been earmarked for specific purposes, or restricted to be used for the purposes for which the money was given.

The church's reserves policy is to maintain General Fund reserves at least equal to 6 months’ expenditure. The General Fund represents church funds that are not subject to any restrictions regarding their use and are available for application to the general purposes of the church. Sources of funds are weekly offerings, tax recoveries, donations, lettings income, grants and the sale of fairly-traded goods.

The Benevolence Fund is for special offerings, which are used to make donations in cash or kind to individuals and relief agencies.

The Emmanuel Saints Memorial Trust has been transferred from restricted funds into an Endowment Fund

Uncertainty

Finances continue to be impacted adversely by inconsistent growth in Rental Income, significant increases in Energy prices due to the conflicts in Ukraine and more recently in the Middle East. Water Charges remain high due to leakages currently undergoing repairs. Trade at the Bread of life Café is still sluggish, and remains below Pandemic levels

For the year ended 31[st] August 25, CCED reported a Net Movement deficit of (£29,265), which deteriorated our General Fund. Going forward, the expectation is that the General fund will at least break-even each year.

Funds are currently represented as follows:

Fund Type 24-25
Closing
Balances
23-24
Closing
Balances
General (Unrestricted) -£28,281 £984
Designated £55,018 £47,018
Restricted £17,486 £15,401
Endowment £44,758 £44,488
Total £88,980 £107,891

Page | 4

Recovery Plan

Enabling Financial Sustainability

Page | 5

CHRIS CHvficH Ea5¢0￿￿1￿n Statement of Fin8ntial Activities Forthe pèriod from 01 Sepl8mber 2024 to 31 August2025 Unreslrictsd fvnds Reslrictsd Priorye lotl fvnds nds Incomiw ittources InC￿1r￿j wuicfvomoTh018d fur Vthntary I￿[￿ne Acfft5Ioig&￿I￿ngfyn lnt Incon Lthws Incme Grart Incon SunlryincL Inc￿l￿g rESOU[C￿ from I Incomiw ie50urce5 ,349- 29,319 25.4 15,265 17.587- Tow inci Re5QUtcesu s,1￿)- 76221 C(d0fg￿￿ngfy￿ts &)stolgwiabn9w)lu￿8rylnC lundiaisiffjtrading t(tslolith￿5 andotrÉi IrMthErtmanwmertCL Clartth acNk5 Circurt&V￿￿rI0r Share Gran&and 21,4fAI- 75 27,4 650 21, 575- 0￿￿ract￿E5{knaloiganlsa￿l￿I airs ￿ MaInten￿Ce Insurance, U11￿￿5 Church ￿n￿￿￿entand min15tr stock 0￿re￿[￿nI￿re GcNEman¢e co OthBr resourc￿ u 2.440- 2.M1 21. 11,￿2 28,1￿- 2.287- 12.￿- 2,287 12,%3 s,￿6 2,462 9.0 6.621 Total euu¥Jrtuie Net I lewjrtwel [WU￿l￿tran5fei .387 3.015- 105.OX) -19,244 Tian51ers. GIosstransl8ts beh¥e8n funds- In Gr05StrIn5￿ tthn funts-QLI gains i Gains,'kn55on iknnl a5ts Gains M N¢lualon, a￿ts cfrys Nn N8t ML￿8￿1 In fu 74.498 -74.1 -21.2F .1fj.232 Totsl b[￿h1 lowtd Totsl Carr￿ I0￿[d 15,401 11,486 107,891 124,1TJ 101,891 26.7 44,158 Pagelo

Balance Sheet detailed as @ 31[st] August 2025

As at As at
31/08/2025 31/08/2024
Fixed assets
6430: Investments £44,758 £44,488
Total Fixed assets £44,758 £44,488
Current assets
6520: Sundry debtors - -
6521: Prepayments £7,820 £6,325
6530: Methodist CFB deposit account £358 £12,472
6531: URC deposit account £1,187 £677
6540: Christ Church current account £1,095 £17,261
6541: Development Fund current account £1,536 £5,531
6542: FTC current account £11,236 £4,511
6548: Cash Church £134 £292
6549: Cash FTC £507 £459
6550: Stock £8,819 £8,819
Z05: Accounts Receivable £14,878 £9,313
Total Current assets £47,569 £65,660
Liabilities
6610: Sundry creditors - -
6611: Receipts in advance - -
6620: Loans due - -
6699: Agency collections £90 £90
Z04: Accounts Payable £3,257 £2,167
Total Liabilities £3,347 £2,257
Net Asset surplus (deficit) £88,980 £107,891
Reserves
Excess/(deficit) to date -£19,181 -£19,244
Z01: Starting balances £107,891 £124,123
Z02: Other gains/(losses) £270 £3,012
Total Reserves
£88,980 £107,891

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Statement of Assets and Liabilities as @ 31[st] August 2025

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Fund Movement Summary as @ 31[st] August 2025

----- Start of picture text -----
Fund Opening balance Closing balance
Beq2021 - Bequests and In Memoria 2021
----- End of picture text -----

Designated 15,000 23,000
15,000 23,000
Bldg - Building Fund
Designated 5,000 5,000
5,000 5,000
Emman - Emmanuel Saints Memorial Trust
Restricted - -
Endowment 44,488 44,758
44,488 44,758
FHKing - Florence Hazel King Will Trust
Designated 14,543 14,543
14,543 14,543
FlowerFd - Flower Fund
Restricted - -
- -
FTCres - FTC worker reserve
Designated - -
- -
Kitchen - Church Kitchen Refurbishment
Designated - -
- -
WHP - Warm Hub Project
Restricted 1,213 3,873
1,213 3,873
General - General fund
Unrestricted 984 -26,335
984 -26,335
Children - Childrens Work
Designated 956 956
956 956
ChRedec - Church Redecoration
Designated - -
- -
FurEquip - Furniture and Equipment
Designated 3,000 3,000
3,000 3,000
HBB - Hymn Books and Bibles
Restricted - -
- -
IT - IT equipment
Designated - -
- -
ManMin - Manse and Ministerial
Designated - -
- -
Music - Music
Designated 500 500
500 500
BoLComm - Bread of Life Community Development
Restricted - -
- -
BoLunres - Bread of Life unrestricted funds
Unrestricted 0 -1,946
0 -1,946
BoLFTCtrad - Bread of Life Fair Trade Centre (trading)
Designated 8,019 8,019
8,019 8,019
BoLFTCwork - Bread of Life Fair Trade Centre Worker
Restricted 13,385 13,385
13,385 13,385
BoLFTCcal - Bread of Life Fair Trade Centre (calendar project)
Restricted - -
- -
FTC10yrs - FTC 10 year anniversary event
Restricted - -
- -
Ben - Benevolence Fund
Restricted 803 228
803 228
Overall totals 107,891 88,980

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Analysis of income and expenditure as @ 31[st] August 2025

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CHRIS CHvficH Ea5¢0￿￿1￿n Pagel 11