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← The Builders House

2025-04-30-accounts

REGISTERED COMPANY NUMBER: 07220760 (England and Wales)

REGISTERED CHARITY NUMBER: 1146333

THE BUILDERS HOUSE

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED

30TH APRIL 2025

THE BUILDERS HOUSE

REPORT OF THE TRUSTEES

AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH APRIL 2025

The Builders House Content of the Financial Statements For the Year Ended 30 April 2025

Page
Company Information 1
Report of the Trustees 2 - 6
Independent Examiner's Report 7
Statement of Financial activities 8
Statement of Financial Position 9
Notes to the accounts 10-14
Detailed Statement of Financial Activities 15

The Builders House Content of the Financial Statements For the Year Ended 30 April 2025

Chairman Board of Trustees: Mr. David Adeola Other Trustee Members: Mrs Pearl Ola-Moses Dr. Mrs Morenike Adebusuyi Mr. Abimbola Bamigbola Registered Company Number 07220760 (England and Wales) Registered Charity Number 1146333 Registered Office: C/O Alfred James House 460A Brighton Road South Croydon Surrey CR2 6AN Independent Examiner Patrick Jusu FCCA PAJ Accountants 10 - 16 Tiller Road Docklands London E14 8PX Banker Metro Bank PLC Centrale Shopping Centre Unit 1-2, Croydon Surrey CR0 1TY

Page 1

The Builders House Report of the Trustees For the Year Ended 30 April 2025

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 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 (FRS102) Effective 1 January 2015.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Builders House is a charitable company limited by guarantee, incorporated on 12 April 2010 and registered as a charity under the Charities Act 2011 on 12 March 2012.

It is governed by its Memorandum and Articles of Association and managed by a Board of Trustees who are directors for the purpose of company law and trustees for the purposes of charity law. The Trustees have the executive responsibilities and determine the strategic direction of the Charity, and through delegated authority, have charged the day-to-day management and running of the operations of the Charity to the Pastoral and Management Team. Trustees are selected on the basis of the contribution that they will make to the governance of the Charity.

The Builders House - being a Church plant and community outreach of Jesus House for all Nations - is also a parish of the Redeemed Christian Church of God.

Recruitment and appointment of new trustees

The legal responsibility for the election of new trustees to The Builders House Board lies with the Annual General Meeting (AGM).

The Board recognises that it has only limited control over the election of trustees at the AGM. It is accepted that The Builders House members should be able to elect people to the board who they believe will best represent their interests. However the existing board members also have a responsibility to try to ensure that the needs of the organisation in terms of governance are met by those people elected. The Board will seek to do this by adopting a system of recommending Trustee appointments to the membership using the steps detailed below. The membership will then be able to choose to elect a recommended candidate or to appoint another person to the board.

Trustees can delegate some aspects of recruitment of Trustees to Management, but they must ensure that they retain overall responsibility and control of the recruitment, selection and induction processes.

In recruiting new trustees, the existing trustees and management must act in the best interests of The Builders House and in accordance with the Charity Commission directives as laid out in CC30.

Induction and training of new trustees

Most trustees are familiar with the workings of the church and Charity, being drawn from long-standing church members and Christians from other denominations that have a skill set to offer and an empathy with our core values. All trustees are expected to attend:

As part of the induction process, all trustees should receive copies of the following:

Review of Trustee Performance

Each trustee will meet with the Chair on a one-to-one basis at least annually. This will be an opportunity for the Chair to give encouragement, support and feedback on performance. It is also an opportunity for each trustee to give feedback about the process and practice of being a trustee. Any issues of poor performance or misconduct are to be addressed outside of this process and in a timely manner.

Page 2

The Builders House Report of the Trustees For the Year Ended 30 April 2025

Risk Management

The Trustees have conducted a review of the major risks to which the Charity is exposed, in particular those relating to the operations and finances of the Charity. The Trustees review the risks regularly at their meetings and are satisfied that systems are in place to mitigate the Charity's exposure to major risks. The Charity has taken out appropriate Insurance covers for its activities. Appropriate Disclosure and Baring Service (DBS) checks, supported by relevant training and regularly-reviewed policies are made for all voluntary workers and members who work with children or other vulnerable groups with the Charity. Procedures are also put in place to ensure compliance with the health and safety of members, volunteers, clients and visitors to the charity. Where appropriate, systems have been established to mitigate the risks the Charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Charity's objects are:

To advance the Christian religion in Croydon for the benefit of the public.

The prevention or relief of poverty in the UK and overseas

These objects are charitable and operate mainly for the public good and benefit. The Charity achieves these objects by regular meetings in public locations, which gives access to all and welcomes all members of the community. Through prayer, fellowship, participatory study of the scripture, worship, training, seminars and hospitality we achieve a key public benefit.

Public benefit

In setting the Charity's objectives and planning its activities, the trustees have given careful consideration to the Charity Commission's general guidance on public benefit and they confirm that public benefit has been provided in relation to the charity's objects by carrying out activities including but not limited to the following:

1) Organise weekly services and other gatherings for members and non-members, to raise awareness and understanding of the Christian faith, present and promote the teachings of the Bible and provide opportunities for Christian response, including but not limited to prayer and worship. The meetings are free of charge and open to all, and the public benefit of such meetings is expected to be through the promotion of family stability and well-being, and increased ability to contribute positively to society, for those attending.

2) Provide support and guidance to those activities of its members that seek to promote an understanding of the Christian faith, through practical expression of Christian beliefs and ideals in the local community. The benefit of such support and guidance is to enable those members to be better able to serve in the local community. The church provides teaching and training opportunities for members.

3) Assist the work, in so far as that works, whether in this country or abroad, accords with the charity's aims. The public benefit of providing donations to such charitable organisations is expected to be in accordance with their aims and purposes. We make donations and encourage donations of funds and nonmonetary items to the less privileged and other charitable organisations within and outside the United Kingdom. The purpose of these donations includes the promotion of religious activity, relief of poverty, training and equipping, working with youth and others in need.

4) Carry out acts of social concern to benefit people within and outside the church facing hardship on the basis of their needs. The public benefit of these acts is expected to be in the area of poverty relief, caring, counselling, youth activities aimed at promoting their health, wellbeing, spiritual life and education, and is addressed by the church activities, free training, seminars, concerts, home and hospital visitation to the sick, Annual Hospital Christmas carols and gift sharing, volunteer activities of individual members, and also through benevolent gifts to individuals and donations to appropriate charitable organisations. The charity is also a full participant in the preparation and distribution of annual Christmas hampers to families in need through a referral system working with other agencies in the community. This initiative is known as Christmas Lunch on Jesus.(CLOJ).

5) Develop relationships and work in strategic alliance with other Ecumenical bodies, statutory organisations and civil society in the community to provide and participate in community-centred projects, festivals, celebrations and exhibitions, which are mutually beneficial in advancing our aims. The Charity is a member of Croydon Churches Forum, Evangelical Alliance and a Parish of Redeemed Christian Church of God.

Page 3

The Builders House Report of the Trustees For the Year Ended 30 April 2025

ACHIEVEMENT AND PERFORMANCE

Through the undoubting and relentless work of the Church’s Volunteers who assist in various areas where there is a need or a gap, the Church has been able to keep functioning and meeting its strategic call to the community and to the areas where assistance is needed.

The Church members work in various departments and ministries within the Church which includes but is not limited to ushering, worship ministry, welfare ministry, evangelism and administration.

In pursuance of the Charity's strategic goals, for further and sustainable involvement with the local community, the Charity continues to be part of the Croydon Churches Forum- a borough-wide Ecumenical organisation- as well as the Evangelical Alliance, UK.

Our main services continue to hold at the Coombe Wood School, Croydon. Through strategic partnership, the Charity continues to provide financial support to other charities whose operations and objectives fall within its objectives. It supports and empowers widows and orphans across the African Continent through the African Child Trust, a Croydon-based Charity.

Annual “Christmas Lunch on Jesus” – The Charity continued with its annual ‘’Christmas Lunch on Jesus’’ - an annual community-centered project that provides families and individuals in need with freely donated and distributed Christmas Hampers.

Collaborative Community Engagement – The Charity continues to work with local authorities, statutory bodies, and other charities to address pressing issues such as knife crime, gender-based violence, and mental health awareness.

Pastoral ministry - the charity ministers in society by caring. Rooted in our Christian ethos, the Charity fosters care and support across society, promoting inter-faith and community dialogue within the borough.

Hospital Outreach – Christmas gifts were presented to children in the Rainbow Ward of Croydon University Hospital, reflecting our commitment to service and compassion.

Community Services: The Charity continues to provide services and activities that are relevant to people and the community on a foundation of Christian ethos and belief that is welcoming of all and impacts public lives positively. The Charity hosted free Christmas breakfasts, carol services, and New Year’s Eve services to share the Gospel and provide inclusive community gatherings.

PLAN FOR FUTURE PERIODS

The Charity will continue to explore ways of furthering its charitable objectives by working collaboratively within its remit in the community and further afield, creating and broadening the awareness of its services and proactively seeking further opportunities to be more involved in the community both local and international.

Looking ahead, the Charity aims to strengthen its presence and impact both locally and internationally by:

1.� Expanding Community Facilities – We are actively working to acquire or construct a hall for hosting community events, including activities for youth, elderly members, and the wider community.

2.� Membership Growth and Developmen t – Focus on increasing membership and developing members’ skills to maximise their contributions to both church and community.

3.� Support for the Vulnerable – Continued assistance for homeless individuals and families, including food provision and initiatives aimed at alleviating homelessness in Croydon.

4.� Global Outreach Projects – Implementing sustainable projects such as borehole systems in underserved regions of Africa and other areas, delivering both practical assistance and the message of the Gospel.

Page 4

The Builders House Report of the Trustees For the Year Ended 30 April 2025

5.� Youth development: Our vision is to nurture a vibrant, Christ-centred youth community that supports the spiritual growth, music development, and leadership capacity of young people aged 13–30. The youth department aims to provide a safe and engaging environment where young people can build meaningful relationships, grow in their understanding of the Christian faith, and actively serve God and their community.

the youth department intends to intensify engagement through a series of structured activities including:

• Hosting a planning session with interested youth and ministry leaders to co-create the future direction of the group.

• Developing a three-month theme-based programme, including teaching topics, activities, and events.

• Active promotion of the ministry through church communication channels, local schools, and social media platforms

• Weekly youth meetings featuring interactive teaching, discussions, and recreational activities, interactive talks and group discussions.

• Quarterly community service initiatives such as volunteering and charity outreach.

• Social engagement events such as movie nights, sports days, and community bonding activities designed to strengthen fellowship among young people.

• Leadership development sessions that provide training for youth volunteers to serve as representatives and support the ongoing work of the group.

6.� Early Childhood Care – Providing education, support, and activities for young children within the community.

7.� Training and Empowerment – Identifying skill gaps among members to offer targeted training programs, enabling personal growth and community impact.

8.� Support of Broader Church Mission – Contributing to the work of the Redeemed Christian Church of God in the UK through collaboration, volunteering, and resource-sharing.

Page 5

The Builders House Report of the Trustees For the Year Ended 30 April 2025

FINANCIAL REVIEW

It is the objective of the charity to ensure unrestricted funds are kept at a level which provides sufficient funds to cover management, administration and support costs on an ongoing basis. Based on the charity's size, the context of future plans, the level of our financial commitments and contractual obligations held, it's our policy to maintain unrestricted reserves of not less than the equivalent of three months of recurrent expenditure.

The Charity has a policy of keeping any surplus liquid funds in short-term deposits which can be readily accessed and where the capital is protected. The objective of the investment policy is to maximise interest while limiting risk. This policy is adopted as the surplus funds are expected to be used in the near future to fund future commitments. The Trustees consider that the current level of unrestricted reserves for the Charity is below that required and that the Charity should aim to explore ways of expanding its income streams.

GOING CONCERN

After making enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue its objectives and activities for the public benefit for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements. Further details regarding the adoption of the going concern basis are in note 1 ‘Accounting Policies’ in the financial statements.

RELATED PARTY TRANSACTIONS

There were no transactions between the charity and the trustees, or any person connected with them during the financial year or the previous financial year. No expenses were reimbursed to trustees or incurred in respect of trustee meeting expenses during the period, nor in the previous financial year.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are aslo the directors of The Builders House for the purpose of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS102 the Financial Reporting Standard Applicable in the UK and Republic of Ireland.

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and charities act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 23rd March 2026 and signed on its behalf by:

Mr David Adeola

Trustee

Page 6

Independent Examiner's Report of The Builders House

I report on the accounts for the year ended 30 April 2025 set out on pages ten to seventeen.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also the directors for the purposes of company law) 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 required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the 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 statements below.

Independent examiner's statement

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

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Patrick Jusu FCCA Independent examiner PAJ Accountants 10 - 16 Tiller Road Docklands London E14 8PX

Date: 23rd March 2026

Page 7

The Builders House Statement of Financial Activities For the Year Ended 30 April 2025

Notes
INCOMING RESOURCES
Incoming Resources from
generated funds
Voluntary Income
Donations
2
Othe Income - Building fund
2A
Incoming Resources From Charitable Activities
Charitable Activities
3
Investment income
3A
Total Incoming Resources
RESOURCES EXPENDED
Resources expended on Charitable
Activities:
Cost of generating voluntary income
4
Other charitable activities costs
5
Resources Expended
Other Resources Expended
Governance costs
6
Other support costs
7
Total Resources Expended
Net incoming resources for the year
RECONCILIATION OF FUNDS
Net movement in funds
Fund balances brought forward
Fund balances carried forward		 Unrestricted
Funds
£
37,630
4,000
306
41,936
34,068
8,620
42,688
6,885
7,424
14,309
56,997
(15,061)
(15,061)
21,111
6,050		 Restricted
Funds
£
-
8,678
-
-
8,678
-
-
-
-
-
-
-
8,678
8,678
41,324
50,002		 Total
Funds
2025
£
37,630
8,678
4,000
306
50,614
34,068
8,620
42,688
6,885
7,424
14,309
56,997
(6,383)
(6,383)
62,435
56,052		 Total
Funds
2024
£
22,422
-
77
308
22,807
9,467
6,943
16,410
6,837
6,420
13,257
29,667
(6,860)
(6,860)
69,295
62,435

Page 8

The Builders House Balance Sheet At 30 April 2025

Unrestricted Restricted Total Total
Funds Funds Funds Funds
Notes 2025 2024
£ £ £ £
Fixed Assets
Tangible fixed assets 11 7,558 - 7,557 5,171
7,558 - 7,557 5,171
Current Assets
Debtors 12 2,798 - 2,798 2,500
Cash at bank and in hand 8,793 36,904 45,697 54,764
11,591 36,904 48,495 57,264
Creditors: Amounts falling due
within one year 13 - - -
Net Current Assets 11,591 36,904 48,495 57,264
Net Assets 19,149 36,904 56,052 62,435
Funds 14
Unrestricted Funds 6,050 21,111
Restricted Funds 50,002 41,324
56,052 62,435

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 23rd March 2026 and were signed on its behalf

Trustees

Mr David Adeola

Page 9

The Builders House Notes to the Financial Statements For the Year Ended 30 April 2025

1 Accounting Policies

Accounting Convention

The accounts have been prepared in accordance with all applicable accounting standards, FRS 102, the Statement of Recommended Practise (SORP), “Accounting and Reporting by Charities” revised 2015 (FRS 102) and the Companies Act 2006, except for the alternative headings that have been used in the Statement of Financial Activities, as the Trustees feel that the revised headings make the accounts easier to read for a non-financial audience. The principal accounting policies adopted in the preparation of the accounts are set out below.

The charity constitutes a public benefit entity as defined by FRS102.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the charitable company qualifies as a small charitable company.

Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity legally entitled to the income and the amount can be quantified with reasonable accuracy.

Grants and Donations

Income from grants and donations is included in incoming resources when these are receivable.

Going concern

The Charity’s activities, together with the factors likely to affect its future performance and position are set out in the Report of the Trustees on pages 2 to 8 which describes the structure, governance and management of the Charity; its risk management policies and procedures, its objectives and activities, the achievements, performance and financial position of the Charity, and its plans for the future. After making enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue its objectives and activities for the public benefit for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.

Resources Expended

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.

Cost of generating funds

Cost of generating funds are those costs relating to the generation of income and includes cost related to the management of the charities activities.

Allocation and apportionment of costs

Support cost are those cost related to shared activities of the organisation and are apportioned on a basis considered appropriate to the underlying activities.

Governance costs

Governance costs are the costs associated with the strategic direction of the charity and with meeting regulatory responsibilities.

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Office equipments 20% on cost Computer equipments 33% on cost

Taxation

The charity is exempt from corporation tax on charitable activities

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee

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.

Page 10

The Builders House Notes to the Financial Statements For the Year Ended 30 April 2025

2 Voluntary Income

2
Voluntary Income
Donations
Tithes and Offerings
Donations
Gift Aid
Thanksgiving Offerings
2A Other Income - Building Fund
Building Fund Donations
3
Charitable Activities Income
Charitable collection/church social responsibility fund
CLOJ
Other revenue
3A Investment Income
Interest receivable
Resources Expended
4
Cost of generating voluntary income
Equipment expense
Guest Minister's Honorarium
Instrumentalist Honorarium
Rent
Insurance
World Evangelical Mission (WEM)
Conference, events and seminars
5
Other charitable activities cost
Christmas lunch on Jesus
Charitable Donations
Benevolence Donations
Entertainment expenses		 30.04.25
£
30,826
4,604
-
2,200
37,630
30.04.25
£
8,678
8,678
30.04.25
£
502
-
3,498
4,000
30.04.25
£
306
306
30.04.25
£
612
300
7,980
14,580
-
5,584
5,012
34,068
30.04.25
£
407
2,078
4,594
1,541
8,620		 30.04.24
£
19,621
2,114
-
687
22,422
30.04.24
£
-
-
30.04.24
£
77
-
-
77
30.04.24
£
308
308
30.04.24
£
818
-
783
3,630
349
1,400
2,487
9,467
30.04.24
£
2,040
569
3,774
560
6,943

Page 11

The Builders House Notes to the Financial Statements For the Year Ended 30 April 2025

6
Governance costs
Bank charges
Accountancy
Consultancy fees
7
Other support costs
Church office administration expenses
Subscription
IT software and consumables
Printing and stationery
Travel and Subsistence
Telephone, internet and fax
Training
Storage expenses
Web design and management
Depraciation
General expenses
Repairs and maintenance
8
NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
Depreciation - owned assets
Independent examination fees		 30.04.25
£
135
750
6,000
6,885
30.04.25
£
2,954
106
372
785
75
240
700
-
1,374
742
-
76
7,424
30.04.25
£
742
750
1,492		 30.04.24
£
87
750
6,000
6,837
30.04.24
£
2,400
106
413
-
-
80
1,274
498
600
878
171
-
6,420
30.04.24
£
760
750
1,510

9 TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid neither for the year ended 30 April 2025 nor for the year ended 30 April 2024.

10
STAFF COSTS
Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:		 30.04.25
£
-
-
-
30.04.25
-		 30.04.24
£
-
-
-
30.04.24
-

No employees received emoluments in excess of £60,000.

Page 12

The Builders House Notes to the Financial Statements For the Year Ended 30 April 2025

11 Tangible Fixed Assets

All assets relate to the Charity and are used for charitable purposes.

Cost
At 1st May 2024
Improvements
Additions
Disposals
At 30th April 2025
Depreciation
At 1st May 2024
Charge for the year
At 30th April 2025
Net Book Value
At 30th April 2025
Net Book Value
At 30th April 2024
12
Debtors
Members Loan
13
Creditors: Amounts falling due
within one year
Inspire Concepts Consulting Services
World Evangelism Mission (WEM)		 Office
Furniture
& Equipment
£
15,769
-
3,128
18,897
10,597
742
11,339
7,558
30.04.25
£
2,798
2,798
30.04.25
£
-
-
-		 Total
£
15,769
-
3,128
18,897
10,597
742
11,339
7,558
5,171
30.04.24
£
2,500
2,500
30.04.24
£
-
-
-

Page 13

The Builders House Notes to the Financial Statements For the Year Ended 30 April 2025

14 MOVEMENTS IN FUNDS

Unrestricted fund
Restricted funds		 At
1st May
Net Movements
2024
in funds
£
£
21,111
(15,061)
41,324
8,678
62,435
(6,383)		 At
30th April
2025
£
6,050
50,002
56,052

14 SUMMARY MOVEMENT IN FUNDS FOR THE YEAR

Unrestricted funds
Restricted funds		 Incoming
Resources
resources
expended
£
£
41,936
(56,997)
8,678
-
50,614
56,997		 Movement
in funds
£
(15,061)
8,678
(6,383)

Page 14

The Builders House

Detailed Statement of Financial Activities For the Year Ended 30 April 2025

INCOMING RESOURCES
Charitable collection/church social responsibility fund
Tithes and offerings
Donations
Thanksgiving offerings
Building Donations
Other revenue
Gift Aid
Total income resources
Investment Income
Bank Interest Received
Total Income
RESOURCES EXPENDED
Cost of generating voluntary income
Equipment expenses
Guest Minister's honorarium
Instrumentalist's honorarium
Conference, events and seminars
Other Charitable activities cost
Benevolent donations
Charitable donations
World Evangelism Mission (WEM)
Christmas lunch for Jesus
Hospitality and entertainment
Governance costs
Accountancy services
Bank charges
Consultancy fees
Support Costs
Rent, rates and service charge
Insurance
Training
Other general office expenses
Website design and management
Subscription
Printing and stationery
Travel and subsistence
Telephone, internet and fax
Depreciation
Storage expenses
Repairs and maintenance
IT Software and consumables
Total Resources Expended
Net Expenditure		 30.04.25
£
502
30,826
4,604
2,200
8,678
3,498
-
50,308
£
306
306
50,614
612
300
7,980
5,012
13,904
4,594
2,078
5,584
407
1,541
14,204
750
135
6,000
6,885
14,580
-
700
2,954
1,374
106
785
75
240
742
76
372
22,004
56,997
(6,383)		 30.04.24
£
77
19,621
2,114
687
-
-
-
22,499
£
308
308
22,807
818
-
783
2,487
4,088
3,774
569
1,400
2,040
560
8,343
750
87
6,000
6,837
3,630
349
1,274
2,571
600
106
-
80
878
498
413
10,399
29,667
(6,860)

Page 15