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2025-03-31-accounts

Chairman’s Report 1[st] April 2024 to 31[st ] March 2025

Horizon Church had a successful year in 24/25. The Sunday worship gathering had stable attendance throughout the year. There has been a high level of impact on people coming through the doors, particularly those struggling with mental health, addiction, or other life issues. The Sunday gathering has been a place where attendees have felt at home straight away. Horizon Fun, the children’s group on a Sunday, has also seen regular attendance. Overall, the community groups have been well attended, and Horizon Church had undertaken a few seasonal events that had seen good response from the local community. We feel Horizon continues to make a positive impact to the wider neighborhood that surrounds its facility in Sutton.

Horizon continued to have various events both within the facilities in Sutton and other locations. The Joint Pentecost Service, an annual Pentecost Service together with 3 other local churches in a joint worship on the day of Pentecost. This was very well attended and again showed a positive display of unity among the churches on St Helier estate. Christmas events include Craft evening, carols, messy church, family nativity service and a New Year Meal.

As a result of our increased engagement with the church and wider community throughout the year, Horizon began a few new virtual support services:

  1. Lifeline: an online group that helps new attendees and those struggling to develop regular spiritual rhythms. Many of those partaking has found it helpful, this also enabled us to stay connected with people who we would otherwise lose contact with.

  2. Word on-the-go: this was launched at the beginning of 2025. A regular rhythm of communal Bible reading focused on authentically applying and living out the Bible and its good teachings.

Alongside the spiritual and mental support Horizon also started some practical support services:

  1. Community Eats: A service to address food poverty, focus on healthier eating, healthy lives and creating a closer-knit community. Firstly, we asked members of the community to share a meal and recipe with us. Then we invited them to join us in the kitchen to batch cook the meal so that we could serve it in takeaway boxes to neighbours and friends. During the preparation process we explore ways to make the recipe most costeffective and healthier. Overall, this initiative provided over 300 meals over a 6 month period. Some of the responses from people that received this service were:

  2. "Just to be able to have one cooked meal in the week is great. It helps my mental health by lifting my mood."

  3. "I wanted to learn to cook curry for my daughter, and I've done that now."

  4. "The cooking helped me during this time of grief."

  5. "I learned to add spinach to make the food more nutritious."

  6. "Just wanted to say thank you, I really enjoyed working with you and I'm glad everyone enjoyed the food."

  7. "I don't have a cooker and really appreciate these home-cooked meals."

  8. "I don't get my money for a few days—this has been a life saver."

  9. “I’ve learnt to sneak in the frozen veg and the children don’t seem to notice.”

  10. Community Food Cupboard: In partnership with Community Action Sutton we were able to install a food cupboard by the gates of the church. Anyone can donate food to the cupboard, and anyone can take food when they need it. We made connections with the local shops, and they regularly come and contribute to the cupboard. We named it ‘The Circle Food Cupboard.’ The Circle is the name everyone locally associates with the area where the church is located. We were keen on this to have a name that meant local people could own it and identify with it.

This Year Horizon Youth began meeting in 2024, starting monthly and then becoming fortnightly. As a result, we saw increased engagement with young people. It has been a slow but steady start and it is great to engage with young people who live in the Sutton area. Twiglet, Horizon’s parent and toddler group continued to be well attended throughout this period. Through this group we were able to provide for parents by running a Christmas craft evening and pamper evenings for women. In this way, we not only provided a place for parents and toddlers but ensured that those parents received some positive input and sense of community at a time that suited them. Monday Moments (coffee morning) – A very wellattended community coffee morning which continues to be a growing hub for community activity.

Our financial income was stable in 24/25 however we did see a slight drop towards the end of the financial year. Based on accrued saving from the pandemic period we were able to maintain the resources required to deliver numerous services to the community. We believe that the work of Horizon Church continues to help people and bring a positive impact to our neighborhood.

Samuel Gnanaseharam Chair of Trustees Horizon Church Sutton

Phone : 0208 123 2456 Email : office@horizonchurchsutton.org Web : www.horizonchurchsutton.org

Registered Charity No. 1143831

Balance Sheet

Horizon Church

As at 31 March 2025

31 MAR 2025
31 MAR 2024
31 MAR 2025
31 MAR 2024
Fixed Assets
Tangible Assets
Computer Equipment
1,989.99
1,989.99
Less Accumulated Depreciation on Computer Equipment
(1,668.07)
(1,477.15)
Less Accumulated Depreciation on Plant & Machinery
-
(25,652.70)
Plant & Machinery
-
25,652.70
Streaming-Video
-
1,634.80
Less Accumulated depreciation on Streaming-Video Equip
-
(1,371.09)
Less Accumulated Depn on Baptistery
(560.20)
(372.40)
Baptistery
938.99
938.99
Total Tangible Assets
700.71
1,343.14
Total Fixed Assets
700.71
1,343.14
Current Assets
Cash at bank and in hand
HSBC Business Salaries Account
5.00
10.00
HSBC Business Current Account .
2,904.40
846.02
Santander Emergency reserve
1,000.00
1,000.00
Petty Cash
57.85
444.02
HSBC Business Savings Account
50,006.80
65,303.73
Total Cash at bank and in hand
53,974.05
67,603.77
Gift aid tax
4,432.61
4,856.50
Total Current Assets
58,406.66
72,460.27
Creditors: amounts falling due withinone year
Wages and salaries
PAYE & NIC Payable
2,223.47
293.74
Pensions Payable
-
(36.65)
Student Loan Deductions Payable
-
935.00
Total Wages and salaries
2,223.47
1,192.09
Designated funds
Sunrise-Twiglets Designated
-
861.00
AOG 3% Designated
295.27
205.38
Cherish Designated
271.00
271.00
Twiglets Designated
-
157.66
Marriage course Designated
127.14
127.14
Monday Moments-Circle designated
5,450.26
7,809.88
Total Designated funds
6,143.67
9,432.06
Restricted funds
Monday Moments-Circle Restricted
-
3,500.00
Revive (Wellbeing Fund) Restricted
142.83
142.83

4 Mar 2026 Page 1 of 2

Balance Sheet - Horizon Horizon Church

Balance Sheet

31 MAR 2025 31 MAR 2024
Community Restricted 2,160.86 3,196.55
Projector/Flags restricted 500.00 500.00
Family Hub (Sutton Soup) restricted 421.67 421.67
Family Hub Restricted 521.25 521.25
Youth Restricted 922.39 1,125.00
Children's Work Restricted - 486.00
Total Restricted funds 4,669.00 9,893.30
Other Creditors - 10,446.37
Total Creditors: amounts falling due within one year 13,036.14 30,963.82
Net Current Assets (Liabilities) 45,370.52 41,496.45
Total Assets less Current Liabilities 46,071.23 42,839.59
Net Assets 46,071.23 42,839.59
Capital and Reserves
Current Year Earnings (7,214.73) (12,785.72)
Retained Earnings 50,352.35 55,430.28
Tithe Designated 2,933.61 195.03
Total Capital and Reserves 46,071.23 42,839.59

4 Mar 2026 Page 2 of 2

Balance Sheet - Horizon Horizon Church

Profit and Loss

Horizon Church

For the year ended 31 March 2025

Profit and Loss
Horizon Church
For the year ended 31 March 2025
2025 2024
Turnover
Community Income 894.50 -
Gift Aid Income from GASDS 568.48 983.43
Gift aid Tax on offerings 12,179.75 11,614.75
Gift Aid Tax on Special Donations - 335.00
Gift Aid Tax T&L Lewry 235.00 706.49
Hall Use 370.00 490.00
Interest Income 1,126.37 1,191.40
Ladies Ministry Income 9.30 -
Men's Ministry Income - 75.00
Monday Moments Income 269.47 255.72
Non GA Offerings unknown giver 3,027.89 1,995.82
Non-GA Donation for T and L Lewry-known giver 210.00 420.00
Offering Gift aided 48,708.80 47,446.00
Offering Non-GA known giver 4,945.00 3,069.92
Special Donation - Non GA Known 5.00 -
Special Donation - Non GA unknown - 1,405.00
Special Donations - GA - 1,600.00
Special Offerings - 76.15
Tony and Laura Lewry 940.00 2,906.00
Twiglets Income 894.80 1,182.25
Youth Work(er) Donation GA 1,606.15 -
Youth Work(er) Donation non GA - unknown giver 63.50 -
Youth Work(er) GA on Donation 401.54 -
Total Turnover 76,455.55 75,752.93
Gross Profit 76,455.55 75,752.93
Administrative Costs
Advertising & Marketing 22.00 93.50
Alpha Expenses 152.66 486.85
Audit & Accountancy fees 525.60 633.60
Bank Fees 147.20 151.70
Christmas 182.61 174.43
Church Catering 722.12 1,523.05
Cleaning 183.78 761.57
Community Expenditure 790.15 341.16
Depreciation Expense 642.43 787.42
Employers National Insurance (427.27) 297.90
Employers Pensions Costs 1,192.37 258.00
Error information (0.04) -
Expenditure on children's activities in general (56.32) 146.34

Profit and Loss Horizon Church

4 Mar 2026 Page 1 of 2

Profit and Loss

2025 2024
GA on Payments passed to T & L Lewry 419.00 750.00
General Expenses - 1,100.10
Gifts paid to T&L Lewry - non GA known 245.00 315.00
Insurance 1,840.40 1,737.38
IT Software and Consumables 507.56 -
Ladies Ministry Expense 54.56 162.68
Light, Power, Heating 2,084.01 1,547.66
Men's Ministry Expense - 64.17
Monday Moments Expenses 163.61 604.72
Office 425.20 1,299.25
Outreach-Special Services 104.63 131.07
Payment of GA Tax to recipient - 25.00
Payment of Gift to recipient - GA - 100.00
Payment of income coded H4520 - 1,405.00
Payments passed on to T & L Lewry 1,001.00 3,000.00
Postage, Freight & Courier 3.35 -
Printing & Stationery 1,022.00 142.43
Rates - Water 57.72 36.56
Rent 8,883.39 7,531.23
Repairs & Maintenance 5,493.72 586.78
Safeguarding Expense 326.42 170.20
Salaries 41,989.24 46,360.40
Staff and Volunteer Training 4,312.15 4,190.75
Staff and Volunteer Expenses 315.90 540.97
Subscriptions 3,004.01 2,063.81
Telephone - 30.00
Telephone & Internet 755.10 559.26
Tithe and charitable giving 4,980.00 6,735.00
Travel - National 359.91 -
TV Licence paid 162.50 159.00
Twiglets Expenses 446.17 914.38
Visiting Speakers 500.00 570.00
Waste Collections - LBS Veolia 17.53 30.44
Worship Expenses 104.46 -
Youth Restricted Expenditure (130.00) -
Youth/Giants Expenses 144.45 19.89
Total Administrative Costs 83,670.28 88,538.65
Operating Profit (7,214.73) (12,785.72)
Profit on Ordinary Activities Before Taxation (7,214.73) (12,785.72)
Profit after Taxation (7,214.73) (12,785.72)

Profit and Loss Horizon Church

4 Mar 2026 Page 2 of 2

Independent examiner’s report to the trustees of Horizon Church Sutton

I report on the accounts of the charity for the year ended 31 March 2025.

Respective responsibilities of trustees and examiner

The Charities trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general directions given by the Charity Commission. 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 you as trustees concerning 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 those matters set out in the next statement.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met or

Signed: Name: Matthew Hunt MPH & Associates

Address: Delta House, Bridge Road, RH16 1UA

Date: 4 March 2026