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2025-09-22-accounts

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

ANNUAL REPORT

FOR THE YEAR ENDED 21 SEPTEMBER 2025

REGISTERED CHARITY NO. 1146287

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

REGISTERED CHARITY NUMBER 1146287

CONTENTS

Page
Legal and administrative information 2
Report to the trustees 3 - 4
Annual report 5
Receipts and Payments Account 6
Statement of Assets and Liabilities 7
Notes forming part of the financial statements 8 - 12

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST REGISTERED CHARITY NUMBER 1146287

TRUST INFORMATION

Trustees

Mr P Cooper (Chairman) Mr T Sweatman Mr P Simpson Mr S Sims

Principal Office

77 Thetford Road New Malden Surrey KT3 5DP

Bankers

Co-Operative Bank 17 High Street Kingston-Upon-Thames KT1 1LP

Accountants

Price Bailey LLP Chartered Accountants 24 Old Bond Street London W1S 4AP

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Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

REPORT TO THE TRUSTEES FOR THE YEAR ENDED 21 SEPTEMBER 2025

The trustees present their report and financial statements for the period ended 21 September 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s governing document, the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” (FRS 102).

Structure, governance and management

The trust is governed by a deed of trust dated 7 November 1995 and is a registered charity (charity number 1146287).

The trustees who served during the year were:

Mr P Cooper Mr S Sims Mr T Sweatman Mr P Simpson

Apart from the first trustees, every trustee must be appointed by a resolution of the trustees at a special meeting called under clause 15 of the trust deed.

Objectives and activities for the public benefit

The objectives of the trust are to advance the Christian Faith through services provided to people in the Royal Borough of Kingston Upon Thames; to relieve persons in need of hardship, or who are aged or sick; and to promote and fulfil such other charitable purposes beneficial to the community.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grant making policy in the year.

Review of activities for the period

The trust has raised funds through gifts, donations and rental income for the purposes of fulfilling its objectives. During the period these objectives were met through donations, services and activities provided.

The trustees may invest the unrestricted funds in any type of investment as seen fit.

Reserves Policy

It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that funds at this level will ensure that in the event of a significant drop in funding they will be able to continue the Trust's current activities while consideration is given to ways in which additional funds may be raised.

Risk management

The trustees have examined the major, strategic, business and operational risks that the charity faces and confirm that the systems have been established to ensure that these risks are minimised.

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

3

Independent examiner

The trustees have reappointed Price Bailey LLP as independent examiner to undertake the independent examination of the trust.

Trustees' responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (FRS 102).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing these financial statements the trustees are required to:

Trustees

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

12 May 2026 Approved by the trustees on and signed on their behalf by

Mr P Cooper Chairman

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Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 21 SEPTEMBER 2025

I report on the financial statements of the Trust for the period ended 21 September 2025, which are set out on pages 6 to 12.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(1)(a) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility:

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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

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

have not been met; or

Emma Benjamin CA 8AE66F8A2F5646E... Independent Examiner 24 Old Bond Street Price Bailey LLP London Chartered Accountants W1S 4AP

12 May 2026 Dated ......................

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Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

REGISTERED CHARITY NUMBER 1146287 RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 21 SEPTEMBER 2025

Incoming Resources
Donations
Other receipts
Total Incoming Resources
Resources Expended
Expenditure on raising funds
Expenditure on charitable activities
Total Resources Expended
Net expenditure for the year and Net
movement in funds
Fund balance at 21 September 2024
Fund balance at 21 September 2025
Notes
7
7
8
9
12
£
115,508
34,925
150,433
155,987
72,591
228,578
(78,145)
1,152,431
1,074,286
Unrestricted
Funds
£
-
-
-
-
-
-
-
716,950
716,950
Restricted Funds
Year
Ended
21-Sep-25
Total
£
-
115,508
34,925
-
150,433
155,987
72,591
228,578
(78,145)
1,869,381
1,791,236
Year
Ended
21-Sep-24
Total
£
-
171,423
44,748
-
216,171
145,683
105,115
250,798
(34,627)
1,904,008
1,869,381

The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.

All of the incoming resources and resources expended derive from continuing activities.

The notes on pages 8 - 12 form part of these financial statements.

6

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST REGISTERED CHARITY NUMBER 1146287 STATEMENT OF ASSETS AND LIABILITIES AS AT 21 SEPTEMBER 2025

21-Sep-25 21-Sep-24
Notes £ £ £ £
FIXED ASSETS
Freehold Properties 2 2,857,187 2,887,735
Fixtures & Fittings 2 - -
Property development 2 - -
2,857,187 2,887,735
Current Assets
Debtors 5 3,890 66,320
Cash at bank and in hand 21,336 42,412
25,226 108,732
Creditors: Amounts falling due within
one year 6 (108,895) (113,710)
Net current assets - 83,669
-
- 4,978
-
Creditors: Amounts falling due after
one year 6 (982,282) (1,013,376)
Total Net Assets 1,791,236 1,869,381
Represented by
Unrestricted funds 11 1,074,286 1,152,431
Restricted funds 10 716,950 716,950
Total Funds 1,791,236 1,869,381

The financial statements set out on pages 6 to 12 were approved by the Trustees on 12 May 2026 and were signed on their behalf by:

DocuSigned by: _______ platBA3604C6CBD6493...Cooper Mr P Cooper Chairman

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Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

1 Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1 Basis of accounting

The financial statements have been prepared under the historical cost convention

The financial statements have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS102), the Charity (Accounts and Reports) Regulations 2008 and the Charities Act 2011.

1.2 Incoming Resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when received.

The value of services provided by volunteers has not been included.

1.3 Resources Expended

All expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be recovered and is included in the relevant costs in the statement of financial activities.

Direct expenditure comprise the cost of donations made; other expenditure includes costs incurred by the charity in delivery of its activities and services for its beneficiaries. Governance costs are those incurred in connection with the administration of the charity and compliance with the constitutional and statutory requirements.

1.4 Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are subject to specific conditions by donors as to how they may be used.

1.6 Fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Furniture and Equipment 25% straight line Freehold properties 1% straight line

8

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

Cost
Cost as at 21 September 2024
Additions
Disposals
Revaluation
Cost C/fwd at 21 September 2025
Depreciation
Accumulated depreciation at 21 September 2024
Depreciation Charge
Impairment
Accumulated depreciation at 21 September 2025
Net book value at 21 September 2025
Net book value at 21 September 2024
Freehold properties are held at historical cost.
Property
Freehold
Furniture +
development
properties
Equipment
£
£
£
14,361
3,054,711
34,162
-
-
-
-
-
-
-
-
-
14,361
3,054,711
34,162
14,361
166,977
34,162
-
30,547
-
-
-
-
14,361
197,524
34,162
-
2,857,187
-
-
2,887,734
-
Total
£
3,103,234
-
-
-
3,103,234
215,500
30,547
-
246,047
2,857,187
2,887,734

3 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year.

4 Net Expenditure

Net Expenditure are stated after charging:
Independent examiners fee
5
Debtors
Gift Aid provision
Loan to Balcombe
Year
Ended
21/09/2025
£
3,000
Year
Ended
21/09/2025
£
-
3,890
3,890
Year
Ended
21/09/2024
£
3,000
Year
Ended
21/09/2024
£
62,370
3,950
66,320

The loans are interest free and repayable over 10 years.

9

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

6 Creditors

Creditors due within 1 year
Accruals
Bank loans current portion
Kingdom Loan Mortgage Account
Loans from members
Creditors due after 1 year
Bank loans
Loans from members
Kingdom Loan Mortgage Account
Year
Ended
21/09/2025
£
3,000
77,665
28,230
-
108,895
455,678
20,554
506,050
982,282
Year
Ended
21/09/2024
£
3,000
81,152
29,558
-
113,710
488,039
20,554
504,783
1,013,376

The two mortgages include a £360,000 mortgage loan taken out on Rydens Road, Walton, for a term of 5 years with an amortising profile based on 15 years, together with a £255,000 mortgage loan taken out on Livesey Close, Kingston Kingston, for a term of 10 years and fully amortising.

7 Incoming resources

Gifts & Offerings (Including Gift Aid)
Other receipts
Face value gain on Investment Property
Rental Income
Event Income
Mortgage Contributions
Interest received
Year
Ended
21/09/2025
£
£
£
Restricted
Unrestricted
Total
funds
funds
funds
-
115,508
115,508
-
12,802
12,802
-
10,117
10,117
-
12,000
12,000
-
7
7
-
150,433
150,433
Year
Ended
21/09/2024
£
Unrestricted
funds
171,423
7,090
25,559
12,000
99
216,171

10

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

8 Resources expended - Expenditure on raising funds

The amount paid in the year comprised of the following:

Events & Activities
PPS/Advertising
Other Donations
Finance costs
Repairs & Maintenance
Independent examiner fee
Bank charges
Year
Ended
21/09/2025
£
£
£
Restricted
Unrestricted
Total
funds
funds
funds
-
20,810
20,810
-
12,937
12,937
-
76,836
76,836
-
39,972
39,972
-
102
102
-
3,000
3,000
-
2,330
2,330
-
155,987
155,987
Year
Ended
21/09/2024
£
Unrestricted
funds
29,459
7,381
4,930
81,033
19,777
3,000
103
145,683

9 Resources expended - Expenditure on charitable activities

9
Resources expended - Expenditure on charitable activities
General church supplies
Cleaning
Depreciation
Equipment
Insurance
Light, Heat, Water &Rent and Rates
Travel
Computer running costs
10
Statement of restricted funds
Movement in the year
Movement in prior year
Year
Ended
21/09/2025
£
£
£
Restricted
Unrestricted
Total
funds
funds
funds
-
19,252
19,252
-
6,000
6,000
-
30,547
30,547
-
-
-
-
2,614
2,614
-
12,917
12,917
-
1,262
1,262
-
-
-
-
72,591
72,591
Incoming
Resources
22/09/2024
Resources
Expended
£
£
£
716,950
-
-
Incoming
Resources
22/09/2023
Resources
Expended
£
£
£
716,950
-
-
Year
Ended
21/09/2024
£
Unrestricted
funds
35,524
5,899
36,525
9,867
4,609
10,447
1,035
1,208
105,115
Year
Ended
21/09/2025
£
716,950
Year
Ended
21/09/2024
£
716,950

In 2017, the Trust received restricted donations for the purchase of property on 50 Ryden Rd. This amount remains in restricted funds.

11

Docusign Envelope ID: 3814C42C-63EE-8D5F-832D-9CE0002AE074

CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

11 Statement of unrestricted funds

Movement in the year
Movement in the prior year
12
Analysis of net assets between funds
Fund balances at 21 September 2025 are represented by:
Current assets
Fund balances at 21 September 2024 are represented by:
Current assets
Incoming
Resources
22/09/2024
Resources
Expended
£
£
£
1,152,431
150,433
228,578
Incoming
Resources
22/09/2023
Resources
Expended
£
£
£
1,187,058
216,171
250,798
Un-restricted
Funds
Restricted
Funds
£
£
1,074,286
716,950
1,074,286
716,950
Un-restricted
Funds
Restricted
Funds
£
£
1,117,804
716,950
1,117,804
716,950
Year
Ended
21/09/2025
£
1,074,286
Year
Ended
21/09/2024
£
1,187,058 1,152,431
Total
£
1,791,236
1,791,236
Total
£
1,834,754
1,834,754

13 Related Party Transactions

During the year the 3 Trustees had total reimbursed expenses of £8,419.09 (2024: £5,083.39). Dean Dryden, who is a key management personnel had expenses reimbursed in the year of £2,085.71 (2024: £1,453.36).

Cathryn Cooper, spouse of Trustee Philip Cooper, is a related party to the Trust, had expenses reimbursed of £1,558.11 (2024: £3,163.67) in the year.

Tom Sweatman, who is both a Trustee and a key management personnel had expenses reimbursed of £3,124.10 (2024: £571.58) in the year.

Paul Simpson, a Trustee had expenses reimbursed of £3,736.80 (2024: £2,837.33)

Emma Sims, a key management personnel and spouse of Trustee Steve Sims, operates a credit card in her name for Trust costs only. Total paid in the year to reimburse the monthly statements was £19,844.84 (2024: £25,635.10)

The majority of above expenses relate to Events and general supplies, particularly where payment is required online or over the phone, and the Trust does not have a payment card.

12