**REGISTERED CHARITY NUMBER: 1144463** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 May 2025 for ## FreshFire Trust Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX FreshFire Trust Contents of the Financial Statements for the Year Ended 31 May 2025 ||Page| |---|---| |Report of the Trustees|1 to 3| |Independent Examiner's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Financial Statements|7 to 11| |Detailed Statement of Financial Activities|12 to 13| FreshFire Trust ## Report of the Trustees for the Year Ended 31 May 2025 The trustees present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Our main objective is to advance the Christian faith for the benefit of the public, in accordance with the doctrines outlined in the Apostles's Creed, including belief in: - God, the Father Almighty, Creator of heaven and earth. - Jesus Christ, His only Son, our Lord. - The conception of Jesus Christ by the Holy Spirit and His birth from the Virgin Mary. - The suffering, crucifixion, death, burial, and resurrection of Jesus. - The ascension of Jesus to heaven and His return to judge the living and the dead. - The Holy Spirit. - The Holy Catholic Church, communion of saints. - The forgiveness of sins. - The resurrection of the body and life everlasting. ## **Public benefit** Throughout the year, trustees have carefully observed the Charities Commission’s guidance on Public Benefit, particularly for charities focused on advancing religious beliefs. Throughout the year, the trustees have paid due regard to the Charity Commission’s guidance on public benefit and have complied with their duty under Section 17 of the Charities Act 2011. In particular, they have considered the specific guidance relating to charities for the advancement of religion. ## **Staff and Volunteers** - During this year, the charity paid for the services of two people on a freelance basis: - the Visionary Leader of FreshFire Network, working 25 hours per week. - the Restoration Centre Leader, working 20 hours per week. The charity has also employed another 4 staff members on part-time contracts to complete various to deliver the day to day operations of the charity. All other areas of the charity are essentially filled by volunteers without whom the charity could not function. Page 1 FreshFire Trust ## Report of the Trustees for the Year Ended 31 May 2025 ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** FreshFire Church is a vibrant community of people that is socially and ethnically diverse, and aims to be actively involved in the local communities of all current and future churches. We do this through connecting with the local people and developing various departments such as activities for children, teenagers and young adults, as well as weekly "Connect" groups suitable for all ages from 13 years old and training, mentoring and development services. We currently have our FreshFire Church Campus and Charity Head Quarter in Greater Manchester, UK. The campus has a congregation of 100 people and the charity is also linked with an independent FreshFire Church in Katmandu, Nepal which has 2 churches based in the city. We support the church by sending our UK team to Katmandu to provide teaching and training to their leadership teams. Restoration Centre is our healing and deliverance ministry which is committed to seeing people restored to their God given identity and purpose through the life changing power of the Father’s Love. ## **FINANCIAL REVIEW** ## **Financial position** The results of the Charity for the year are set out in the attached financial statements. ## **Reserves policy** The charity aims to reserve three months' salary costs plus overheads at any one time, this would cover the charity in the event of unforeseen expenditure. ## **FUTURE PLANS** We are currently looking at expanding the network; launching further churches and restoration centres around the UK. In order to do this we are planning on moving our HQ and Stockport Campus into a larger property in the near future. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** The Trustees, as named within this report, have served throughout the period. New trustees are chosen by invitation in order that the charity may have representation from a wide range of agencies. We match our skill requirements with knowledge and experience and where there are gaps we offer appropriate training. ## **Organisational structure** The Trustees make strategic decisions based on the financial position of the charity, however they do not carry out the routine day to day management of the churches or other ministries. Page 2 FreshFire Trust ## Report of the Trustees for the Year Ended 31 May 2025 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Induction and training of new trustees** We have informal yet effective policies and procedures for the induction and training of trustees. Each of our trustees receives a personalised induction based on their individual needs. This includes providing a copy of the Charity's Trust Deed, our policies and procedures, and recent minutes from board meetings, along with financial accounts. The roles and responsibilities for each trustee are collaboratively negotiated to ensure their contributions complement one another effectively. ## **Risk management** The executive team conducts an ongoing review of major risks as part of its regular monitoring and reporting. Internal risks are minimised by the implementation of procedures in regard to Good Practice Child Protection Policies, Fire Safety and Health and safety inspections where the Charity’s activities operate. Financial risks are minimised by the implementation of procedures for the authorisation of all transactions by the team and reviews on a regular basis. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1144463 ## **Principal address** First Floor, 107 Lees Road Oldham OL4 1JW ## **Trustees** Mrs R Graves B Tan Panza Mrs J Elliott ACA FMAAT M J Elliott Mrs L M Osondu ## **Independent Examiner** Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX Approved by order of the board of trustees on .............................................31/03/2026 and signed on its behalf by: .......................................................... Mrs R Graves - Trustee Page 3 Independent Examiner's Report to the Trustees of FreshFire Trust ## **Independent examiner's report to the trustees of FreshFire Trust** I report to the charity trustees on my examination of the accounts of FreshFire Trust (the Trust) for the year ended 31 May 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Gracian Daniel-Sam The Institute of Chartered Accountants in England and Wales Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX Date: ............................................. Page 4 FreshFire Trust ## Statement of Financial Activities for the Year Ended 31 May 2025 |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
156,530
Other trading activities
2
10,835
Investment income
3
62
**Total**
167,427
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Mission
164,016
**Total**
164,016
**NET INCOME/(EXPENDITURE)**
3,411
**RECONCILIATION OF FUNDS**
Total funds brought forward
12,009
**TOTAL FUNDS CARRIED FORWARD**
15,420|Restricted
funds
£
7,827
217
-
8,044
-
11,780
11,780
(3,736)
14,205
10,469|31.5.25
Total
funds
£
164,357
11,052
62
175,471
-
175,796
175,796
(325)
26,214
25,889|31.5.24
Total
funds
£
166,288
5,558
116
171,962
3,831
149,117
152,948
19,014
7,200
26,214| |---|---|---|---| The notes form part of these financial statements Page 5 FreshFire Trust ## Balance Sheet ## 31 May 2025 |Unrestricted
Restricted
fund
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
7
2,159
-
**CURRENT ASSETS**
Debtors
8
6,797
1,700
Prepayments and accrued income
551
-
Cash at bank
11,545
8,769
18,893
10,469
**CREDITORS**
Amounts falling due within one year
9
(5,632)
-
**NET CURRENT ASSETS**
13,261
10,469
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
15,420
10,469
**NET ASSETS**
15,420
10,469
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.5.25
Total
funds
£
2,159
8,497
551
20,314
29,362
(5,632)
23,730
25,889
25,889
15,420
10,469
25,889|31.5.24
Total
funds
£
1,480
9,421
505
22,662
32,588
(7,854)
24,734
26,214
26,214
12,009
14,205
26,214| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31/03/2026 ............................................. R Graves - Trustee ## Joanne Elliott .............................................Joanne Elliott (Mar 31, 2026 17:36:07 GMT+1) J Elliott ACA FMAAT - Trustee The notes form part of these financial statements Page 6 FreshFire Trust Notes to the Financial Statements for the Year Ended 31 May 2025 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 25% on cost ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 7 continued... FreshFire Trust ## Notes to the Financial Statements - continued for the Year Ended 31 May 2025 ## **2. OTHER TRADING ACTIVITIES** **----- Start of picture text -----**
|||| |---|---|---| |31.5.25|31.5.24| |£|£| |Sale of resources|11,052|5,558| |3.|INVESTMENT INCOME| |31.5.25|31.5.24| |£|£| |Deposit account interest|62|116| |4.|TRUSTEES' REMUNERATION AND BENEFITS| |31.5.25|31.5.24| |£|£| |Trustees' salaries|-|4,280| **----- End of picture text -----**
The above remuneration is in respect of Leona Osondu in her role as UK co-ordinator of Papa's House and not in her role as a trustee. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: **----- Start of picture text -----**
|||| |---|---|---| |31.5.25|31.5.24| |Outreach|4|5| **----- End of picture text -----**
No employees received emoluments in excess of £60,000. ## **6. INDEPENDENT EXAMINER'S REMUNERATION** The amount payable to the Independent Examiner for final preparation of the financial statements and carrying out the independent examination is £1,008 (2024: £1,008). Page 8 continued... FreshFire Trust ## Notes to the Financial Statements - continued for the Year Ended 31 May 2025 |**7.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1 June 2024|||24,072| ||Additions|||2,327| ||At 31 May 2025|||26,399| ||**DEPRECIATION**|||| ||At 1 June 2024|||22,592| ||Charge for year|||1,648| ||At 31 May 2025|||24,240| ||**NET BOOK VALUE**|||| ||At 31 May 2025|||2,159| ||At 31 May 2024|||1,480| |**8.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||Other debtors||31.5.25
£
8,497|31.5.24
£
9,421| |**9.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||Trade creditors||31.5.25
£
4,580|31.5.24
£
2,528| ||Other creditors||1,052|5,326| ||||5,632|7,854| |**10.**|**MOVEMENT IN FUNDS**|||| ||**Unrestricted funds**|At 1.6.24
£|Net
movement
in funds
£|At
31.5.25
£| ||General fund|12,009|3,411|15,420| ||**Restricted funds**|||| ||Papa's House fund|1,595|(1,595)|-| ||Sacred Space building fund|12,610|(2,141)|10,469| |||14,205|(3,736)|10,469| ||**TOTAL FUNDS**|26,214|(325)|25,889| |||||| Page 9 continued... FreshFire Trust ## Notes to the Financial Statements - continued for the Year Ended 31 May 2025 ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Papa's House fund
Sacred Space building fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Papa's House fund
Sacred Space building fund
**TOTAL FUNDS**|Incoming
resources
£
167,427
8,044
-
8,044
175,471
At 1.6.23
£
2,308
1,697
3,195
4,892
7,200|Resources
expended
£
(164,016)
(9,639)
(2,141)
(11,780)
(175,796)
Net
movement
in funds
£
9,701
(102)
9,415
9,313
19,014|Movement
in funds
£
3,411
(1,595)
(2,141)
(3,736)
(325)
At
31.5.24
£
12,009
1,595
12,610
14,205
26,214| |---|---|---|---| Page 10 continued... FreshFire Trust ## Notes to the Financial Statements - continued for the Year Ended 31 May 2025 ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Papa's House fund
Sacred Space building fund
**TOTAL FUNDS**|Incoming
resources
£
141,426
17,121
13,415
30,536
171,962|Resources
expended
£
(131,725)
(17,223)
(4,000)
(21,223)
(152,948)|Movement
in funds
£
9,701
(102)
9,415
9,313
19,014| |---|---|---|---| Papa's House fund - monies raised to support the work of the Nepalese orphanage. Sacred Space building fund - monies raised to acquire the church's own premises. ## **11. RELATED PARTY DISCLOSURES** During the period, the related party transactions were as stated below: The charity paid amounts totalling £47,047 (2024: £47,293) to Glorybound Ltd, a company in which Adam Graves (husband of trustee Rachel Graves) is the sole director and shareholder. The payments were in respect of ministry services and travel expenses. In addition, the charity paid Adam Graves' travel expenses totalling £4,265 to facilitate visits to Mexico for the development of the FreshFire church in that country. The charity previously provided additional funds, in the form of a loan, of £1,700 to FFT Trading Limited, a company in which trustees Rachel Graves and Joanne Elliott are the directors. There is an intended trust relationship whereby the directors should act on the direction of the trustees of this charity. These funds were made available from the charity's 'Sacred Space' building fund to contribute to the costs of new leased premises and the associated refurbishment works. In the current year the charity made a net contribution of £2,141 to FFT Trading Limited towards rent costs. There are no other related party transactions which require disclosure in the accounts. Page 11 FreshFire Trust |Detailed Statement of Financial Activities
for the Year Ended 31 May 2025
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Tithes and offerings
Donations
Gift aid
Grants
**Other trading activities**
Sale of resources
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Purchases
Sponsored activities
**Charitable activities**
Trustees' salaries
Wages
Hire of plant and machinery
Rent
Insurance
Telephone
Advertising
Freelance consultants
IT maintenance
Outreach and sponsorship
Travel and subsistence
Worship
Conferences and training
Hospitality
Visiting minister honorariums
Office running costs
Carried forward|31.5.25
£
104,952
31,037
27,868
500
164,357
11,052
62
175,471
-
-
-
-
39,053
-
16,256
925
114
1,970
61,849
3,126
2,181
13,886
3,202
4,250
12
12,750
1,221
160,795|31.5.24
£
100,238
55,860
10,190
-
166,288
5,558
116
171,962
1,036
2,795
3,831
4,280
26,525
359
6,790
894
304
1,288
62,305
4,994
2,452
2,349
524
4,250
42
8,362
602
126,320| |---|---|---| This page does not form part of the statutory financial statements Page 12 FreshFire Trust |Detailed Statement of Financial Activities
for the Year Ended 31 May 2025
**Charitable activities**
Brought forward
Repairs and maintenance
Depreciation of fixed assets
Gifts to Nepal
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net (expenditure)/income**|31.5.25
£
160,795
330
1,648
9,927
172,700
1,381
1,715
175,796
(325)|31.5.24
£
126,320
4,000
1,362
14,146
145,828
1,700
1,589
152,948
19,014| |---|---|---| This page does not form part of the statutory financial statements Page 13