REGISTERED CHARITY NUMBER: 1145817
Re
ort of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2025
for
Central Church Swindon LEP
Monahans
Chartered Accountants
Hemies House
Fire Fly Avenue
Swindon
Willshire
SN2 2GA

Central Church Swindon LEP
Contents of the Financial Staternents
for the Year Ended 31 December 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Flnanclal Actlvltles
Balance Sh8at
10
Notes to the Flnanclal Statements
11 to 21

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
The Iruslees present their report with the financial slalements of the charity for the year ended
31 December 2025. The Iruslees have adopted the provisions of Accounting and Reporting by Charities..
statement of Recommended Practi￿ applicable to charities preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January
20191.
OBJECTIVES AND ACTIVITIES
The purpose of the charity is lo advance the Christian faith in the Area of Benefit in accordance with the
principles and practices of the participating churches. In achieving its purpose, the charity will engage in a
range of activities, either on ils own or with others, including (but not reslricled lol..
al The celebration of public worship.,
bl The leaching of the Christian faith.,
c) Mission and evangelism, pastoral work (including visiting the sick and bereaved), the provision of facilities
with a Christian ethos for the local community including the elderly, the young and other groups with special
needs
dl The support of other charities in the UK and overseas.
The Ituslees have paid due regard lo the Charity Cornmission's guidance on public benefit in deciding what
activities the charity should undertake. The Iruslees consider that they have acted in the public benefit.
ACHIEVEMENTS AND PERFORMANCE
We have a weekly Sunday worship service commencing al 10.30 a.m. Holy Communion is included during
the service twice a month, usually when our own minister is presiding. Prayers for healing and wholeness are
offered by the minister, on request al the end of each service. We are extremely grateful to everyone who
participates in church lrfe whether contributing to Sunday worship or enabling weekday activities.
Due to low numbers, there is no longer a Junior Family Church IJFCI for children and young people but, if any
children do attend, colouring malerialsltoys can be made available. We will reconsider reinstating JFC should
children start attending again. We are aware that many children are involved in other activities on Sunday
mornings and if we had the right people to run them, we would consider holding meetings for young people
and children during the week.
We also hold extra special servi￿$ during the major Christian festivals, for example, Maundy Thursday,
Good Friday, Easter and Christmas. The minister takes Holy Communion to the housebound when
requested.
A monthly newsletter is distributed at church, via email and by post. This carries news of the church family,
notification of events, and items of general interest. This is available to everyone, and copies are taken to the
housebound.
Ms Bethany Brooke plays the organ and piano for worship on most Sundays. Fortunately, our minister is able
lo play the organ, so if our organist is not available on the weeks he is preaching, Revd Jonathan Edwards is
able to provide the music.
Page 1

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
Our membership at 31 December 2025 stood at 49. We also have a number of adherents who are faithful
atiendees but are not full members. Our average weekly attendance is 34 adults. We are in contact with a
number of families although the children and teenagers have largely ceased lo allend. There are a number of
reasons for this, notably other activities lake place on Sunday moming.
11 w8s good to hold some of our special services in 2025 such as our Church Anniversary, Easter and Carols
by Candlelight. The church is beautifully decorated with flowers by of our members each Sunday and
there are extra decorations for special services such as Harvest and Christmas when they have extra help.
We continue to collect and deliver food and other items for the Swindon F(x)d Collective IFo(xJbank)
throughout the year. Our financial giving al Harvest went lo the URC Commitment for Life to support
agricultural projects in Zimbabwe,. our food products were divided between Big Breakfast Plus and Alternative
Angels.
Our Transitional minister, Revd Jonathan Edwards. continued meeting individuals in the congregation lo give
pastoral support and to find out what they fell about the future of the church. He also continued meeting with
other clergy in the town, and also with charities who we might be able lo work with in order to fulfil our
charitable objectives more fully. The most effective ecumenical body in the town at present is Good News for
Swndon and Jonathan has regularfy attended ils meetings throughout the year. The Chair of our Trustees
and our Church Secretary have also attended a few events given by Good News for Swindon.
Church Decoration= The first Sunday in Advent (Advent Sunday) always sees our church decorated for the
coming festive season. The Advent Wreath is on display at the front of the church in readiness for the four
Advent Candles lo be lil, week by week, in sequence. At the beginning of the Christmas morning service the
central white candle, the Christ Candle, is lil. We also have a Christmas tree and nativity scene at the front of
the church.
Carol Senilce.. We hold our candlelight service of lessons and carols, on the Sunday before Christmas. This
service is always followed by a 'bring and share. meal. As usual, it was well supported and much appreciated
and was a great opportunity lo socialise.
Christmas Presents for the housebound and members who have been bereaved during the past year..
Central Church always purchases a present for those membersladherents of our congregation who are
housebound and are no longer able lo get lo church as they once did. We also purchase a gift for anyone
who has been bereaved during the current year.
Christmas Morning Servico.. This is always a lovely family service when ehildren and adLJlts alike welcome
the Christ Child in the manger into our world. The children are invited to bring along one or two of Santa's
presents.
Our Christmas Gift Appeal.. This year we ¢ollected boxes of chocolates for the Harbour Project who help
refugees and asylum seekers. The Christmas Day offering was given lo Christian Aid.
Church FacSlltles.' The church facilities are also used by two other worshipping communities. These are New
Life Christian Ministry, led by Pastor Jenice Miller", and Lagohina Brazilian Baptist Church, led by Yuri Politani.
Both make good use of the premises including the Baptistery for baptism by full immersion. Big Breakfast
Plus, who provide cooked meals for those sleeping rough and those in food poverty, continue lo use our café.
They are open from 7-9 a.m. seven days a week and serve approximately 80-100 meals per day. Alternative
Angels, who also provide meals for the homeless and those in need, operate from our cafe on a Monday and
Tuesday evening, between 6-8 p.m. lo distribute meals. They also serve between 80-100 people.
Safeguardlng.. This is taken very seriously. All relevant people involved with children or vulnerable adults hold
a Disclosure and Barring Service IDBSI check and have undertaken appropriate training.
Bible Study Groups.. There are two Bible study groups who meet fortnighlly, one in the evening and one in the
aftemoon. They are both led by Revd Jonathan Edwards.
Prayer Fellowship.. This has now been incorporated into the Bible Study Groups. However, members also
keep each olher informed of prayer requests and so individual prayer al home continues.
Page 2

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
Church In the Wider World.. We try to keep in touch with the denominational mission organisations.
Newsletters and information are sha￿d as much as possible. At present we are not linked with a Baptist
missionary bul have requested one from BMS. We receive news from a BMS missionary, Lucia Bastos, who
worshipped with us for 3 months whilst on furfough in this country. She is now working in Chad. Stories for
Change, the newsletter for Commitment for Life, is circulated to interested members and friends.
Central Church also supports the work of Amnesty International. The congregation participated in the 'Wrile
for Rights. campaign.
Fundraising We raised £433.20 for Christian Aid over Christmas. We also collected money for Water Aid,
Julia's House Hospice and Mission Aviation Fellowship. We also held an emergency collection for victims of
the hurricane in Jamaica.
Benevolent Fund.. The minister is empowered lo make donations to any of our number who are in special
need.
THE PILGRIM CENTRE
Key works from 2025.
Major leak from healing system in March. ChLJrch members helped wth immediate aftermath of clearing
water and cleaning up. Repairs to healing done a week later and contractors did remedial work and
redecoffiting later in the year. Central church paid for the healing system repairs and other decorating and
remedial work were claimed on insurance.
New rear doors fitted in the cafe.
Ordered and taken delivery of new notice tx)ard. Update
weather has improved.
planning for installation in spring 2026 once
Review of existing lelecomslbroadband provision look place in 2025 which included gaining access to the
relevant online logins. No indication that a fibre connection with be available soon, so moving lo a 5g
connection in 2026. This will replace exists'ng landline and broadband Icurrenl landline number will be moved
lo new connection).
Notwficalions of planning permission for change of use to No. 1 Temple Chambers, which adjoins our building,
received in May. Al the same lime leaks started in roof above Gallery fire escape, but Central Church does
not own this section of roof and is dependanl on the owners lo do any repairs. During the rest of 2025 there
was ongoing damage to the ceiling of the fire escape. Cleaning and 'mopping up, took pla￿ lo keep fire
escape useable. Update- JanlFeb 2026 ownership of No.1 was transferred. Works taking pla￿ in Feb 2026.
Replacement of all fire alarm and smoke alarms, along with other system upgrades took place in April 2025.
Five-yearly testing of ele¢tri¢al system took pla￿ in November 2025, some areas where work needed were
identified. Update - Subsequent remedial work lo bring system up to dale and make some minor repairs were
done in Feb 2026.
Following a risk management survey by Baptist Insurance, various works look pla￿, including-
Clearing plant room of all combustible materials and a drains survey.
Roof repair works that look place in 2024 seem lo have dealt with the heavy rain in the winter of 2025126 very
well.
A new guttering down pipe was fitted outside Coventry Building Society late 2025.
Page 3

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
Bookings..
Regular bookings ongoing in 2025. Building being used every morning, and five evenings a week. Three
churches (including Central of course) continue to use the building. English classes two or three times a
week. Other groups on a bi-monthly and monthly basis. Also many one-off bookings, e.g. Christmas
celebr81ions for Afghan and Ukrainian groups.
Cleaners.. Big Breakfast Plus are responsible for keeping the café clean, this is done by clai￿ Collier. Mrs
Jane Corcoran continues lo clean the rest of the building.
CHURCH IN THE COMMUNITY
Community Café.. Our community café continued lo be very popular. It is staffed by volunteers from the
church and offers free hol drinks and cake to anyone who allends. It is open from 10 a.m.
1 p.m. each
Monday, closed on Bank Holidays. The cakes are donated by members of the congregation and although
free, visitors can make a financial donation if they wish. An average of 25 people attend and they represent a
cross-section of the community including vulnerable people who need a safe, warm place lo sil where they
will be made welcome. At Easter we sang some hymns in the café and this was much appreciated.
Consequently, carol singing was requested there on the Monday before Christmas when we also held a small
buffet for customers and presented them all with a gift. Both were joyful occasions.
Lent Lunches.. These are weekly simple meals comprising of soup, cheese and biscuits, organised in
rotation by Churches Together in Swindon Centre ICTISCI lo raise money for Christian Aid and CAFOD
(Catholic Agency for Overseas Developmenll. Central Church was responsible for providing the first lunch.
Friends of Swindon Commercial Chaplaincy {SCCI'. Swindon Commercial Chaplaincy still use the Pilgrim
Centre as their registered office.
FINANCIAL REVIEW
At 31 December 2025, total funds were £1,416,503. Restricted funds were £947,572 and endowment funds
were £312,338. Unreslricled reserves were £156,593. Free reserves, after making allowance for tangible
fixed assets, were £151,842.
The Iruslees. reserve policy is to maintain free reserves al a level which equates to approximately six months
costs in order lo cover unplanned situations that may occur from time lo lime. This is in line wlh good practice
and follows the recommendations of the Charity Commission. Based on the present level of costs, the
required reserves are £65,000. Reserves held are above the required level.
Room hire bookings continued to hold up well. Some customers, such as the NHS Blood and Transplant
Service, continued to use our building regularly, as do the local council. A Narcotics Anonymous group meet
weekly throughout the year. We do have enough reserves to cover our expenses for the foreseeable future.
Page 4

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
FUTURE PLANS
Goals for 2026
We wll continue lo seek lo strengthen the spiritual life of the church through our Sunday services and by
holding weekday bible studies.
The Community Café on a Monday moming continues to be strongly supported and we look forward lo
strengthening that initiative as we reach out lo our neighbours.
We will continue to work closely with Big Breakfast Plus, Alternative Angels and the local Council as we
seek to respond to the needs of our local community.
We are particularly excrfced that we will be joined by a Methodist Deacon in September who will help us lo
strengthen our relationships with our community.
We intend to continue to ensure that our Safeguarding Offi￿r, together with those relevant personnel who
have been appointed and commissioned by the Leadership Team to respond to any safeguarding concerns,
have safeguarding training with regard to vulnerable adults and children.
We will continue lo support and encourage regular social 'gel-logelhers' such as church meals as these
provide an invaluable opportunity lo create an atmosphere of openness and friendliness and for the whole
congregation lo feel a sense of belonging lo the one church family.
We will continue to work closely wth the two other churches which meet in our premises and support I(￿al
ecumenical inilialives such as Lent Lunches in the town centre.
We will continue lo support national and international events such as.. Week of Prayer for Christian Unity,
Worfd Day of Prayer, Christian Aid Week, Macmillan Cancer Support, and the charity Action for Children.
We will continue to encourage those attending serVI￿S to Come forward for baptism or confimiation and full
membership.
We will continue to observe traditional Holy Week services on Palm Sunday, M8undy Thursday and Good
Friday.
We will continue reviewing and updating all policies and amend as necessary i.e. Safeguarding, Health &
Safety elc.
We will continue lo review all risk assessments and amend where necessary.
We will continue lo ensure that there are sufficient personnel who are trained in First Aid.
We will review all pricing slruclures, maintenance conlracls, utility use and general expenditure lo ensure
Unne￿ssarY losses are not being incurred.
We will continue lo support volunteers with special needs.
We will work towards becoming a greener church.
We wll continue lo be a welcoming, caring and inclusive Christian community, serving God in Church and in
the local community.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 5

Central Church Swindon LEP
Re
ort of the Trustees
for the Ygar Ended 31 D8¢ember 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
We are a single congregation church comprised of three denominations. We are recognised by the Baptist
Union of Great Britsin IBUGBI, and locally by the West of England Baptist Network Iwebnell., Methodist
Connexion, locally by the North Wiltshire Methodist Circuit,. and the United Reformed Church General
Assembly, locally by the South Western Synod. We serve the Swindon town centre area. Our membership is
also drawn from other areas of the town. We are members of Churches Together in Swindon Centre
ICTISCI.
The intention is that the minister of the church should be drawn from the three denominations in rotation. This
is not always possible due lo a shortage of clergy and the present transitional minister is a Baptist, the Revd
Jonathan Edwards. The church is presenuy exploring the possibility of working with the Methodist Circuit lo
appoint a deacon.
Central Church operates from the purpose-built Pilgrim Centre. The building comprises a ground floor café
and kitchen, the first floor Worship Area and Activity Hall and second and third floors which are meeting
rooms and offices. There 8re toilet facilities on each floor and a kitchenette. The meeting rooms are available
for hir8 by the community.
Trustees.. Judith Furse {Chairl, Sue Mason, Joanna Struthers-Frost, Andrea McNab, Marion Manning. Eva
Shama-Kumar, Christine Duranl, Charles Selvamani, and David Redwood.
Executive.. The Iruslees are all members of our elected Executive who oversee the running of the church and
premises. The Executive meets six times a year. Elections are held during our annual Church Meeting, with
all elected positions held for three years maximum before re-slanding for election. We also have one
ex-officio member of the Executive, our minister Revd Jonathan Edwards.
other Officers serving Central Church and the Pilgrim Centre..
Secretarial.. Christine Duranl (admin and correspondence), Marion Manning {membershipl, June Osborne
Ipulpitl resigned September 2025 and Jo Dance (visiting preachers admin)
Finance Officer.. Sue Mason assisted by Christine Durant
Finance Data Input and Report Writing.. Monahans Chartered Accountsnls
Cash Counting.. Robert Manning
Gift Aid.. Marion Manning
Chair of Church Meeting.. Revd Jonathan Edwards
Staffing Officer.. Christine Duranl
Safeguarding Officer.. Sue Mason assisted by Hannah Evans
Infomation Officer- Christine Duranl
Pastoral Committee.. Elected Members - Mavis Poolman, Barbara Barry and Jane Walsh. Revd Jonathan
Edwards chairs this committee as an ex-officio member. Along with the pastoral members, Jonathan and
Christine Duranl visit our sick and elderly.
Inductlon and training of trustees.. Resources are available for training any new trustees in their duties e.g.
our constitution model document, standing orders, website, Charity Commission website, local knowledge.
Many of our Executive have been in Servi￿ for many years. All legal requirements regarding ongoing
infomiation is continually updated and displayed throughout the building.
External Representation= Locally we have representstives on
Good News for Swindon.. Revd Jonathan Edwards
Churches Together in Swindon Centre ICTISCI.. Revd Jonathan Edwards, Judith Furse
West of England Baptist Network Iwebnell.. Revd Jonathan Edwards
North Willshire Methodist Circuit.. Christine Durant, Judith Furse United Reformed Church SW Synod.. Judith
Furse
Propertles.. The legal lille of properties managed by the church Trustees belong to the following as custodian
Iruslees.. Wesl of England Baptist Trust Company, United Reformed Church and the Melhodisl Church.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1145817
Page 6

Central Church Swindon LEP
ort of the Trusteos
for the Year Ended 31 December 2025
Principal address
The Pilgrim Centre
Regent Circus
Swindon
Willshir&
SN1 1PX
Trustees
J Furse
C Durant
S Mason
J osborne
J Slruther$-Frosl
A McNab
M Manning
E Shama-Kumar
C Selvamani lappoinled 15.4.251
D Redwood lappoinled 23.3.251
Independent Examlner
James Gare
Monahans
Chartefed Accounlanls
Hermes House
Fire Fty Avenue
Swindon
Willshiie
SN2 2GA
Financiavlnvestment
West of England Baptist Association IWEBA},
United Refomied Church {URCI, and Melhodisl Finance Board.
Contact details
Web Srte Central Church.. vMw.eentsl¢hurch.org
Email.. pilcen@aol.com
Tel.. 01793 537642
Approved by order of the board of Iruslees on ..
. and signed on rts behaW by..
J Furse- Trustee
Page 7

Inde
endent Examiner's Re
ort to the Trustees of
Central Church Swindon LEP
Independent examinerfs report to the trustees of Central Church Swindon LEP
I report to the charity trustees on my examination of the accounts of Central Church Swindon LEP (the Trust)
for the year ended 31 December 2025.
Rosponsibilitigs 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'l.
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 14515}Ibl of the Act.
Independent examinerfs 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..
accounting records were not kept in respect of the Trust as required by Section 130 of the Act- or
the accounts do not a￿ord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts sel 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 maller considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be
reached.
Monahans provide book-keeping services to Central Church Swindon. The examiner has applied the FRC'S
Revised Ethical Standard in regard to these services.
James Gare
Monahans
Chartered Accountants
Hermes House
Fire Fly Avenue
Swindon
Willshire
SN2 2GA
04.06.2026
Page 8

Central Church Swindon LEP
Statement of Financial Activities
for the Ygar Ended 31 D8¢ember 2025
2025
Total
funds
2024
Totsl
funds
Unrestricted Restricted
funds
funds
Endowment
fund
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
21,122
21,122
22,344
Other tffiding activities
Investment income
Other income
31,610
41,577
3,277
31,610
57,195
3,277
23,342
54,372
15,618
Total
97,586
15,618
113,204
100,058
EXPENDITURE ON
Raising funds
970
400
1,370
7.572
Charitable activities
Church activities
133,997
133,997
120,407
Total
134,967
400
135,367
127,979
Nel gainslllossesl on
investments
15,4841
16,2111
25,000
13,305
38,971
NET
INCOMEIIEXPENDITUREI
{42,8651
9,007
25,000
18,8581
11,050
RECONCILIATION OF
FUNDS
Totsl funds brought foNard
199,458
938,565
287,338
1,425,361
1,414,311
TOTAL FUNDS CARRIED
FORWARD
156,593
947,572
312,338
1,416,503
1,425,361
The notes form part of these financial statements
Page 9

Central Church Swindon LEP
Balance She
31 Docember 2025
2025
2024
Note5
FIXED ASSETS
Tangible assets
Investments
Investments
Investment propety
12
4.751
997,376
310,000
1,009,070
285,000
14
1,312.127
1,296,718
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
16
13,083
99,fOO
11,319
125,689
112,183
137,008
CREDITORS
Amounts falling due wlhin one year
17
(7,8071
{8,3651
NET CURRENT ASSETS
1 [14,376
128,643
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,416,503
1,425,361
NET ASSETS
1.416,503
1,425.361
FUNDS
Unrestricted funds
Restricted funds
Endowment funds
19
156,593
947,572
312,338
199,458
938,565
287,338
TOTAL FUNDS
1,416.503
1.425,361
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on ils behalf by..
C Dur8nt- Trustee
S masc￿ - Trustee
The notes form part of these financial statements
Page 10

Central Church Swindon LEP
Notes to the Financial Statements
for the Ygar Ended 31 D8¢ember 2025
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 IFRS 102} 'Accounling and Reporting by Charities..
Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective 1 January 20191,, Financial Reporting Standard 102 The Financial Reporbng 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, with the exception of investments which are
included al market value, as modified by the revaluation of certain assets.
The financial slalements have been prepared to give a 'lrue and fairf view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'lrue and
fair view,. This departure has involved following the Accounting and Reporting by Charities.. Slalement
of Recommended Practi￿ applicable lo charities preparing their a¢¢ounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July
2014 rather than the Accounting and Reporting by Charities= Statement of Recommended Practice
effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared in sterling which is the functional currency of the charity and
rounded to the nearest pound.
There are no significant areas of judgements or key sources of estimation uncertainly.
The trustees Consider that there are no material uncertainties about the Charivs ability to wntinue as
a going concem.
Lggal status of thg charity
The charity is an unincorporated charity, constituted by a trust deed.
The registered office address and the nature of the charity's operations and principal activities of the
charity are given in the trustees report.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial
slatemenls. as pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,:
the requirements of Sertion 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities On￿ the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Voluntary income is received by way of grants, donations and gifts and is included in full in the
Statement of Financial Activities when receivable. Grants, where enlillement is not conditional on the
delivery of a specific performance by the charity, are recognised when the charity becomes
unconditionally entitled lo the grant.
Donated services and facilities are included at the value to the charity where this can be quantified.
The value of services provided by volunteers has not been included in these accounts.
Incoming resources from charitable trading activity are accounted for when earned.
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally up)n notification of the interest paid or payable by the bank.
Dividends are recognised once the dividend has been declared and notification has been received of
the dividend due. This is normally upon notrficalion by our investment advisor of the dividend weld of
the investment portfolio.
Page11
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
ACCOUNTING POLICIES- contlnued
Expenditure
Liabilities 8re recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, il 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 lo the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consislenl with the use of resources.
Goveman¢e costs
Governance costs include costs of the preparation and examination of the slalutory accounts, the cost
of trustee meetings and the cost of any legal advice to trustees on governance or constitutional
matters.
Tangible fixed assets
Depreciation is provided al the following annual rates in order lo write off each asset over its estimated
useful life.
Equipment
Fixtures and fillings
200/p on straight line basis
200/0 on stmight line basis
Freehold property
The Pilgrim Centre is owned by the Baptist Church (two thirds), Melhodisl lone sixth) and United
Reform Church IURCI lone sixlhl. The Manse is owned by the URC. Expenditure incurred on the
church and manse is wrillen off in the year il is incurred.
The above properties are not recognised as assets of the charity.
Investments
Investments are included at market value al the balance sheet dale. Any gain or loss on revaluation is
included in the Statement of Financial Activities as unrealised.
Investment property
The church receives an annual rent from a property that is held upon trust by the West of England
Baptist Association IWEBAI Trustees. Investment properties are included in the accounts al open
market value. All movements arising from revaluation are shown in the Statement of Financial
Activities. Realised gains and losses on investment properties are calculated as the difference
between the disposal proceeds and the market value al the beginning of the year or cost of purchases
during the year. Unrealised gains and losses are derived form the movement in the market values
during the year.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
malurily of three months or less from the date of 8CqUlSition or opening of the deposit or similar
account.
Credltors
c￿ditOrS are recognised where the charty has a present obligation resulting from a past event that wll
probably result in the transfer of funds lo a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors are normally recognised al their selllemenl amount after
allowing for any trade discounts dLJe.
Page 12
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
ACCOUNTING POLICIES- contlnued
Taxation
The church is an excepted charity within the meaning of the Taxes Acts. Accordingly it is potentially
exempl from laxalion in respect income 8nd capital gains received lo the exlenl that such income or
gains are applied exclusively to charitable purposes. No provision for tsxation has been made in these
financial statements.
Fund accounting
Unreslricled funds are available for use al the discretion of the church in the furtherance of its
charitable objectives.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained
in the terms of the grant.
Endowment funds are funds which are held subject lo donor-imposed stipulations that they be
maintained as capital. The income earned from these funds is used for general purposes where
allowed or for the specific purposes intended. The aim and use of each endowment fund is sel out in
the notes lo the accounts.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
ststemenls.
Pension costs and other Post￿lirern¢nt benefits
The church operates a defined contribution pension scheme. Contributions payable lo the church's
pension scheme are charged to the Statement of Financial Activities in the period lo which they relate.
The church also pays pension contributions for its Minister lo Ihe Baptist Ministers Pension Trust
Limited, which is a final salary defined benefit scheme. The scheme is a mulli-employer scheme and it
is not possible to identify the assets and liabilities of the scheme which are attributable to the church.
Therefore, as there is insufficient information, the scheme is accounted for as a defined contribution
scheme.
DONATIONS AND LEGACIES
2025
2024
Donations and collections
Gift aid
17,520
3,602
18,580
3,764
21,122
22,344
OTHER TRADING ACTIVITIES
2025
2024
Hire of Pilgrim Centre
31,610
23,342
Page 13
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 Dgcember 2025
INVESTMENT INCOME
2025
2024
Rents received
Income from fixed asset investments
Deposit account interest
22,396
32,983
1,816
23,365
28,088
2,919
57,195
54,372
RAISING FUNDS
Investment management costs
2025
2024
Portfolio management
Rental property expenses
458
912
427
7,145
1,370
7,572
CHAR￿ABLE ACTIVITIES COSTS
Direct
Costs (see
note 71
Support
costs (see
note 81
Totals
Church activities
50,786
83,211
133,997
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Sundries
Denominations and assessments
Worship
Minister payments
Donations
19,812
671
7,264
2,590
19,877
572
480
7,544
2,756
18,860
21
50,786
29,661
SUPPORT COSTS
Governance
costs
Management
Totals
Church activities
80,116
3,095
83,211
Page 14
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
SUPPORT COSTS - contlnued
Support costs, included in the above, are as follows..
Management
2025
Church
activities
2024
Total
activities
Water
Insurance
Light and heal
Telephone and internet
Printing, postage and stationery
Cleaning and household
Repairs and renewals
Bookkeeping, management accounts
and payroll
Depreciation of tangible and heritage
assets
6,299
4,223
26,165
2,629
2.548
5,782
27,243
7,155
4,089
21,745
2,684
2,086
6,693
39,324
3,554
2,840
1.673
1,185
80,116
87,801
Govemance costs
2025
Church
activities
2024
Total
activities
Independent examination and
accountancy
3,095
2,945
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2025 nor for
the year ended 31 December 2024.
Trustees. expenses
There were no Iruslees, expenses paid for the year ended 31 December 2025 nor for the year ended
31 December 2024.
10. STAFF COSTS
2025
2024
Wages and salaries
Other pension costs
19.500
312
19,812
The average monthly number of employees during the year was as follows=
2025
2024
Pilgrim Centre Coordinator
Maintenance and cleaning
Page 15
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
10.
STAFF COSTS - contlnued
No employees received emoluments in eX￿sS of £60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled
Restricted
funds
fLJnds
Endowment
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,344
22,344
Other trading activities
Investment income
23,342
42,912
23,342
54,372
11,460
Total
88,598
11,460
100,058
EXPENDITURE ON
Raising funds
6,720
399
453
7,572
Charitable activities
chU￿h activities
100,186
20,221
120,407
Total
106,906
20,620
453
127,979
Net gains on investments
2,531
36,440
38,971
NET INCOMEIIEXPENDITURE)
115,7771
27,280
(4531
11,050
RECONCILIATION OF FUNDS
Total funds brought forward
215,235
911,285
287,791
1,414,311
TOTAL FUNDS CARRIED FORWARD
199,458
938,565
287,338
1,425,361
Page 16
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
12. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Equipment
Totals
COST
Al 1 January 2025
Additions
27,755
1,101
28,101
2,676
55,856
3,777
Al 31 December 2025
28,856
30,777
59,633
DEPRECIATION
Al 1 January 2025
Charge for year
27,038
579
26.170
1,095
53,208
1,674
Al 31 December 2025
27,617
27,265
54,882
NET BOOK VALUE
Al 31 De￿mber 2025
1,239
3,512
4,751
Al 31 December 2024
717
1,931
2,648
13. FIXED ASSET INVESTMENTS
West of
England
Baptist
Trust Co.
United
Reform
Church
Totals
MARKET VALUE
At 1 January 2025
Unrealised gains
392,202
23,542
616,868
135,2361
1,009,070
111,6941
Al 31 December 2025
415,744
581,632
997,376
NET BOOK VALUE
Al 31 December 2025
415,744
581,632
997,376
Al 31 De￿mber 2024
392,202
616,868
1,009,070
Investments held by the West of England Baptist Trust Company are used to fund signrficant repairs lo
the Pilgrim Cenlre. Investments held by the United Refomi Church are for signrficant repairs to the
manse. There were no investment assets outside the UK. During the year ended 31 December 2018,
£80,000 of unrestricted funds were invested in the United Reform Church fund.
Page 17
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
14. INVESTMENT PROPERTY
FAIR VALUE
Al 1 January 2025
Revaluation
285,000
25,000
Al 31 De￿mber 2025
310,000
NET BOOK VALUE
Al 31 De￿mber 2025
310,000
Al 31 December 2024
285,000
The investment property was purchased in January 2020. The Iruslees revalued the property at 31
De￿rnber 2025 wlh reference lo recent sales prices of similar properties.
Fair value at 31 December 2025 is represented by..
Valuation in 2023
Valuation in 2025
Cost
38,486
25,000
246,514
310,000
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepayments and accrued income
1,105
11.978
3,273
8,046
13,083
11,319
16. CASH AT BANK AND IN HAND
Included in cash is £54,893 (2024.. £44,062) which is held on deposit by the Wesl of England Baptist
Trust Company.
17.
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other creditors
Accrued expenses
1,086
6,721
1,294
7,071
7,807
8,365
Page 18
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 Dgcember 2025
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Reslricled
funds
Endowment
fund
Fixed assets
Investments
Current assets
Current liabilities
4,751
109,083
50,566
{7,807}
4.751
1,307,376
112,183
17,8071
2,648
1,294,070
137,008
18,3651
888,293
59,279
310,000
2,338
156.593
947,572
312,338
1,416,503
1,425,361
19. MOVEMENT IN FUNDS
Nel
movement
in fLJnds
At
31.12.25
Al 1.1.25
Unrestricted funds
General fund
199,458
142,8651
156,593
Restricted funds
Swindon Church Fund
URC Fund
436,264
502,301
34,373
125,3661
470,637
476,935
938,565
9,007
947,572
Endowment funds
Property- Baptist
287,338
25,000
312,338
TOTAL FUNDS
1,425,361
18,8581
1,416,503
Net movement in funds, included in the above are as follows:
Incoming
resources
Resour￿$
expended
Gains and
losses
Movement
in funds
Unrgstricted funds
General fund
97,586
(134,9671
15,4841
{42,8651
Restricted funds
Swindon Church Fund
URC Fund
11,232
4,386
14001
23,541
129,7521
34,373
(25,3661
15.618
14001
16,2111
9.007
Endowmont funds
Propety- Baptist
25,000
25,000
TOTAL FUNDS
113,204
1135,3671
13,305
18,8581
Page 19
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
19.
MOVEMENT IN FUNDS- contlnued
Comparatives for movement in funds
Nel
movement
in fLJnds
At
31.12.24
Al 1.1.24
Unrestricted funds
General fund
215,235
115,7771
199,458
Restrlcted funds
Swindon Church Fund
URC Fund
Benevolent Fund
422,401
488,774
110
13.863
13,527
11101
436,264
502,301
911,285
27.280
938,565
Endowment funds
Propety- Baptist
287,791
14531
287,338
TOTAL FUNDS
1,414,311
11,050
1,425,361
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
88,598
(106,9061
2,531
115,7771
Restricted funds
Swindon Church Fund
URC Fund
Benevolent Fund
11,460
120,5101
22,913
13.527
13,863
13,527
11101
11101
11,460
120,6201
36.440
27,280
Endowment funds
Property- Baptist
14531
14531
TOTAL FUNDS
100,058
1127,9791
38,971
11,050
Endowment funds
Property- Baptist
This fund represents the value of the Investment propety (plus excess
cash from the sale of the previous investment property) managed by the
church as managing trustees, the deeds of which are held by the Wesl of
England Baptist Trust company as custodian trustee. The fund is held for
the general purpose of the charity-
Restricted funds
Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained
in the terms of the grant. The purpose of the above restricted funds are as follows.,
Swindon Church Fund
This represents funds held by the Wesl of England Baptist Trust
Company on behalf of the church and is to cover significant repairs lo
the Pilgrim Centre building.
Page 20
continued...

Central Church Swindon LEP
Notes to the Financial Statements - continued
for the Ygar Ended 31 D8¢ember 2025
19.
MOVEMENT IN FUNDS- contlnued
URC Fund
The URC Fund is restricted lo use on the United Reform Church manse
and other related aclivilies. 11 is represented by investments held on trust
for the Church by the United Reform Church.
A donation was received lo support anyone in the church's fellowship
who might need extra help
Benevolent fund
20. RELATED PARTY DISCLOSURES
Total donations of £2,46012024.. £2,100) were received from trustees. These donations were all given
without conditions. Trustees also donate via church plate collections. These amounts are not recorded
separately
There were no other related paty transactions for the year ended 31 December 2025.
Page 21