2025-08-31-accounts

Trustees’ Annual Report for the period 2024 / 2025

From 1[st] September 2024 - 31[st] August 2025

Charity name: Trinity Church Lower Earley

Charity registration number: 1147501

Objectives and Activities

Trinity Church aims to advance the Christian faith in the area of benefit in accordance with the principles and practices of the participating churches (Anglicans, Methodists, URC) and in recent years has developed to embrace a wide range of believers whether or not affiliated to one of the original three parent denominations.

In achieving its purpose, the church engages in a range of activities, either on its own or with others, including (but not restricted to):

• a) the celebration of public worship;

• b) the teaching of the Christian faith;

• c) mission and evangelism;

• d) pastoral work, including visiting the sick and the bereaved;

• e) the provision of facilities with a Christian ethos for the local community, including (but not restricted to) the elderly, the young and other groups with special needs; and

• f) the support of other charities in the UK and overseas.

Due regard has been paid to Charity Commission guidance on public benefit, as detailed in the following paragraphs.

The church is committed to supporting other charities using the biblical principle of tithing. We aim to give 10% of relevant income away to deserving causes, which may be local, national, international, environmental or combinations of these. This is in addition to funds raised from the membership for specific charities, which are passed on in full to the charities concerned.

The church also recognises the enormous contribution made by its volunteers, whether in time, energy, engagement and commitment to the church’s core values. This cannot be quantified in monetary terms but is invaluable in supporting the life of the church and promoting the well-being of those to whom we minister.

Examples include:

• helping organise and run worship services

• assisting with pastoral work

• helping run and organise groups for toddlers, fathers, elderly people and youth among others

aiming to show the light of Christ in our neighbourhood, including practical support for asylum seekers and other needy groups in our area.

Achievements and Performance

Trinity Church has always made a point of being an open and welcoming space in the neighbourhood, where all can feel accepted and welcomed. We aim to offer practical support and friendship, in the name of Jesus, to everyone who may come into the church whatever their need.

Our weekly “Re:Fresh” café is run with the specific aim of reducing loneliness and isolation in our community, and this is being used by the local GP practices in social prescribing for their patients. We also organise a community lunch on a monthly basis, where a hot meal is provided for anyone who wants to sign up, for a nominal and voluntary monetary contribution. Another weekly café caters for people whose first language is not English, to help them practice their language skills in a welcoming space with members of the church who give their time to help these people communicate.

Our toddlers’ group supports young children, parents and carers, and our monthly “Who let the Dads out?” group helps fathers who may have little contact with their school-age children during the week, to have some quality time to reconnect their relationship. In addition, we are involved together with Brookside Church in running a weekly youth group for young people who are mainly not from a church background.

Our Hong Kong congregations have continued to grow and thrive. They hold two weekly services in Cantonese, one at Trinity Church and another at St Mary’s Church in Winnersh, supporting the wider Hong Kong community who are moving into the area. Another Hong Kongers’ fellowship meets at Tyndale Baptist church in Reading, but all three fellowships fall under the Trinity Earley umbrella, and are supported by the Trinity leadership. There is also a weekly café at Trinity for any Cantonese speakers in need of fellowship and support, and a thriving weekly youth meeting.

We are all working towards becoming one church, irrespective of background, culture and language, and are excited to be a part of this new venture and to move forward as God leads us. We are fully aware of the challenges this may bring, but we are moving forward in faith, with the aim of showing and sharing Jesus to transform our neighbourhood.

In addition to the church’s own work above, Trinity Church plays its part in the TORCH Help Hub (a charity since January 2024) where volunteers from local churches across Reading provide a helping hand to those who otherwise cannot get help and tend to fall through the gaps of existing support or provisioning. Trinity was a founder member of TORCH which arose out the needs highlighted by the pandemic and has continued to offer support and volunteers to help with this work which is expanding all the time.

We have also achieved a bronze Eco Church award, and are working towards a silver one.

Financial Review

The whole church was in a very healthy financial position at the year end. There was a total surplus £83k of income over expenses at the 31[st] August 2025, which was considerably better than budgeted, split between £18k for the UK side, and £65k for the HKers. This was aided by accounting for fixed assets in line with a policy adopted by Church Council in October 2024, but even if the newly purchased fixed assets had been charged to expense, the church would still have been in surplus by £68k. Trinity recently celebrated its 40[th] anniversary, this very favourable financial position should enable us to establish some longer-term projects with the aim of creating buildings and plant fit for the next 40 years.

Our policy is to have a minimum of 3 months’ expenses cover in the general reserve, although at the Church Council meeting in September 2021 it was agreed that we would try to maintain 4 months’ cover in view of the uncertainty arising from the pandemic. This has been continued through the intervening years and the policy remains unchanged. At the year ending 31[st] August 2025, the general reserve (not including £50,000 from the legacy received last year) stood at £174.5k, i.e. over 5 months’ expenses cover. The restricted Youth fund has now been wound up, with the agreement of the donors to the fund, on the principle that youth work is an integral part of our service to the community and should not be considered as a restricted expenditure. The donations will be re-routed to the General fund from September 2025

In addition, there is currently a designated reserve connected with monies raised and spent by the new Hong Kong congregation until the end of August 2023. This was designated so that it could be clearly shown in the accounts, and to give this new part of our church the opportunity to establish its likely income and outgoings as it became more established. We have continued forward towards further integration, with the aim of mutual benefit to both our UK and HK members, and for the past year the majority of the HK income and expenses has passed through the General fund. Now that the HK congregations are firmly established, our joint aim going forward is to start using the designated funds to support projects which benefit the whole church and wider community.

The principal source of income for the whole church is donations from its members along with associated Gift Aid where applicable. Until December 2024, we also received some income from grants from the Anglican Church in support of our employees’ salaries, but this has now ceased. The church’s other sources of income including rentals of our rooms, only make up just over 10% of the total income of the church. Funds not immediately necessary for ongoing expenses are deposited with the Central Finance Board of the Methodist Church in an interest-bearing deposit account.

Structure, Governance and Management

Trinity Church is a charitable unincorporated association set up as a Local Ecumenical Partnership governed by a constitution based on the model governing documents for a Single Congregation Local Ecumenical Partnership produced by Churches Together in England. Trustees, who must have shown their willingness to act as trustees, are elected at the Annual General Meeting. If co-opted during the year, their election is confirmed at the following AGM.

Reference and Administrative details

Charity Address: Trinity Church, Chalfont Close, Earley, Reading RG6 5HZ

Trustees as at 31[st] August 2025 :

Trustees as at 31st August	2025:
Name	Date appointed if not for whole year	Office (if applicable)
Roderick John Eades		Chair and Secretary
Jon Salmon		Minister
Veronica Elleson		Treasurer
Bethan Glenys Jones
Joanne Elizabeth Salmon
Dr Sarah Brayshaw
Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:
Signature
Full name	Veronica Elleson
Position	Treasurer
Date	20/10/2025

	TrinityChurch Lower Earley	TrinityChurch Lower Earley	TrinityChurch Lower Earley	1147501
	Annualaccountsfor the period
	Period start date	01-Sep-24	To	Period end date	31-Aug-25
Section A	Statement of financial activities
Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 Reconciliation of funds: S21 S22 1 Total Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds (incl rounding differences) Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use		Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
		373,342	7,018	-	380,360	379,627
		18,155	820	-	18,975	15,287
		15,455	-	-	15,455	23,866
		19,246	-	-	19,246	16,542
		12,000	12,518	-	24,518	35,290
		-	-	-	-	-
		438,198	20,356	-	458,554	470,612
		-	-	-	-	-
		274,781	26,057	-	300,837	179,184
		80,434	-	-	80,434	224,300
		1,901	-	-	1,901	2,959
		357,116	26,057	-	383,172	406,443
		81,082	5,700 -	-	75,382	64,169
		-	-	-	-	-
		81,082	5,700 -	-	75,382	64,169
		-	-	-	-	-
		4,152 -	4,152	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		76,930	1,548 -	-	75,382	64,169
		240,851	4,747	-	245,598	181,429
		317,781	3,199	-	320,980	245,598

Section B Balance sheet

Fixed assets Intangible assets (Note 15) Tangible assets (Note 14) Heritage assets (Note 16) Investments (Note 17) Total fixed assets Current assets Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total current assets Creditors: amounts falling due within one year (Note 20) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 20) Provisions for liabilities Total net assets or liabilities Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27) Unrestricted funds Revaluation reserve Total funds Signed by one or two trustees on behalf of all the trustees	Guidance Notes B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 B21	Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
		-	-	-	-	-
		23,939	-	-	23,939	15,206
		-	-	-	-	-
		-	-	-	-	-
		23,939	-	-	23,939	15,206
		-	-	-	-	-
		2,359		-	2,359	2,331
		-	-	-	-	-
		301,212	3,199	-	304,411	238,696
		303,571	3,199	-	306,770	241,027
		9,729	-	-	9,729	10,635
		293,842	3,199	-	297,041	230,392
		317,781	3,199	-	320,980	245,598
		-	-	-	-	-
		-	-	-	-	-
		317,781	3,199	-	320,980	245,598
		-		-	-	-
			3,199		3,199	4,747
		317,781		-	317,781	240,851
					-	-
		317,781	3,199	-	320,980	245,598
		Signature		Print Name		Date of approval dd/mm/yyyy
				Veronica Elleson		20/10/2025
				Rod Eades		08/06/2026

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their • and with ✓ accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined ✓ by FRS 102.*

• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. Disclosure of any uncertainties that make the going concern assumption doubtful; An explanation as to those factors that support the conclusion that the charity is a going concern;	Not applicable
	Not applicable
	Not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.2. There is no change in the reporting period.

Yes No		* -Tick as appropriate	* -Tick as appropriate
	✓
Please disclose	:
(i) the nature of	the change in accounting policy;		Not applicable
(ii) the reasons policy provides information; an	why applying the new accounting more reliable and more relevant d		Not applicable
(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.			Not applicable

1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).	1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).	1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).	1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes No		* -Tick as appropriate
	✓
Please disclose	:
(i) the nature of	any changes;		Not applicable
(ii) the effect of or assets and li	the change on income and expense abilities for the current period; and		Not applicable
(iii) where pract one or more fut	icable, the effect of the change in ure periods.		Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No Please disclose		* -Tick as appropriate	* -Tick as appropriate
	✓
	:
(i) the nature of	theprior	period error;	Not applicable
(ii) for each prio the amount of t item affected; a	r period he correc nd	presented in the accounts, tion for each account line	Not applicable
(iii) the amount the earliest prio	of the co r period	rrection at the beginning of presented in the accounts.	Not applicable

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

Note 2 2.2 INCOME	Accounting policies
This standard list of accou different or additional policy	nting policies has been applied by the charity except for those ticked "No" or "N/a". Where a has been adopted then this is detailed in the box below.	Yes No N/a
Recognition of income 2.4 ASSETS Intangible fixed assets Heritage assets POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Settlement of insurance claims Support costs Volunteer help Redundancy cost Deferred income Creditors Provisions for liabilities Donated goods Contractual income and performance related grants Offsetting Grants and donations Legacies Government grants Tax reclaims on donations and gifts Governance and support costs Donated services and facilities Income from interest, royalties and dividends Income from membership subscriptions 2.3 EXPENDITURE Liability recognition Investment gains and losses Investments Grants with performance conditions Grants payable without performance conditions Stocks and work in progress Tangible fixed assets for use by charity Basic financial instruments Debtors Current asset investments	Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. They are valued at cost. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. The charity has incurred expenditure on support costs. These are capitalised if they can be used for more than one year, and cost at least £1,000.00 Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. The charity made no redundancy payments during the reporting period. No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date These are included in the Statement of Financial Activities (SoFA) when: • the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and • the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. The charity has received government grants in the reporting period Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. AND LIABILITIES Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. The depreciation rates and methods used are disclosed in note 9.2. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.
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	Not applicable

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations andgifts(includingHK Ministry) 325,175 5,670-330,845 288,957 Gift Aid (includingHK Ministry) 44,167 1,348-45,515 38,670 Legacies 4,000 -4,000 50,000 Grants provided by othercharities - -2,000 Membership subscriptions and sponsorships which are in substance donations - - - - - Donatedgoods,facilities and services - - - - - Other - - - - - Total 373,342 7,018 - 380,360 379,627 Contributions to church expenses including ~~parochial fees~~ 6,765 820-7,585 11,148 Contributions from HK Fellowship (Tyndale) 9,410 -9,410 6,793 Contribution to staff housing costs 1,980- -1,980- - - - - - Total 18,155 820 -18,975 17,941 Rental income from church hall and rooms 10,000- -10,000 15,287 Solarpanel income 3,713 -3,713 4,001 Other 1,742 -1,742 1,924 Total 15,455 - -15,455 21,212 Interest income 11,210- -11,210 7,621 Dividendincome - - - - - Rentalandleasingincome 8,036- -8,036 8,921 Other - - - - - Total 19,246 - -19,246 16,542 Anglican dev fund grant re associate pastor -1,333-1,333 5,167 Anglican and external funding re Torch employee salary -11,185-11,185 18,294 Anglicangrant reHKpastor - - - -8,691 Othergrants 12,000- -12,000- Insurance claims - - - -3,138 Total 12,000 12,518 -24,518 35,290 - - - - - - - - - - Total - - - - - 438,19820,356- 458,554 470,612 Other information: Analysis Donations and legacies: Charitable activities: Other: Other trading activities: Income from investments: Separate material item of income: TOTAL INCOME	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
	Donations andgifts(includingHK Ministry)	325,175	5,670	-	330,845	288,957
	Gift Aid (includingHK Ministry)	44,167	1,348	-	45,515	38,670
	Legacies	4,000		-	4,000	50,000
	Grants provided by othercharities			-	-	2,000
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-	-
	Total	373,342	7,018	-	380,360	379,627
	Contributions to church expenses including ~~parochial fees~~	6,765	820	-	7,585	11,148
	Contributions from HK Fellowship (Tyndale)	9,410		-	9,410	6,793
	Contribution to staff housing costs	1,980	-	-	1,980	-
		-	-	-	-	-
	Total	18,155	820	-	18,975	17,941
	Rental income from church hall and rooms	10,000	-	-	10,000	15,287
	Solarpanel income	3,713		-	3,713	4,001
	Other	1,742		-	1,742	1,924
	Total	15,455	-	-	15,455	21,212
	Interest income	11,210	-	-	11,210	7,621
	Dividendincome	-	-	-	-	-
	Rentalandleasingincome	8,036	-	-	8,036	8,921
	Other	-	-	-	-	-
	Total	19,246	-	-	19,246	16,542
	Anglican dev fund grant re associate pastor	-	1,333	-	1,333	5,167
	Anglican and external funding re Torch employee salary	-	11,185	-	11,185	18,294
	Anglicangrant reHKpastor	-	-	-	-	8,691
	Othergrants	12,000	-	-	12,000	-
	Insurance claims	-	-	-	-	3,138
	Total	12,000	12,518	-	24,518	35,290
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-
		438,198	20,356	-	458,554	470,612
All income in the prior year was unrestricted except for: (please provide description and amounts)		Contributions to youth worker salary and costs (£7,285) Anglican grant re associate pastor salary (£5,167) and HK pastor (£8,691) External funding and Anglican grant re the Torch employees (£18,294)
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.
		N/A
		N/A
Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)		Donations and legacies above include £223,970 in donations from the HK congregation (2024/25: £164,578).

An additional £4,604 (2023/24: £5,184) was raised for specific charities and passed through the church bank account.

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Use of property Other Seconded staff	Thisyear	This year Last year £ £	This year Last year £ £
		-	-
		-	-
		-	-
		-	-
		Lastyear
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.	Not applicable	Not applicable
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.
	Not applicable	Not applicable
	The charity's operation was supported by its unpaid voluteers throughout the year in various roles.	Same as this year.

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Expenditure on raising funds:	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year
	-	-	-	-	-	-	-	-
Expenditure on charitable activities: Total expenditure on raising funds	-	-	-	-	-	-	-	-
Salaries and wages	77,895	25,218	-	103,113	57,406	58,100	-	115,506
Mission giving	22,786	-	-	22,786	19,200	-	-	19,200
Repairs and maintenance	7,095	-	-	7,095	11,666	-	-	11,666
Utilities inc building insurance	8,768	-	-	8,768	11,437	-	-	11,437
Depreciation	7,318	-	-	7,318	5,047			5,047
Other	150,919	838	-	151,758	15,252	1,076	-	16,328
Total expenditure on charitable activities Separate material item of expense	274,781	26,057	-	300,837	120,008	59,176	-	179,184
Parent church assessments	72,122	-	-	72,122	68,749	-	-	68,749
HK Ministryexpenses(see notes)	-	-	-	-	150,352	-	-	150,352
HK Fellowshipexpenses(Tyndale)	8,312	-	-	8,312	5,199	-	-	5,199
	-	-	-	-	-	-	-	-
Total	80,434	-	-	80,434	224,300	-	-	224,300
Other
Buildings equipmentpurchase	1,901	-	-	1,901	2,959	-	-	2,959
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
TOTAL EXPENDITURE Total other expenditure	1,901	-	-	1,901	2,959	-	-	2,959
	357,116	26,057	-	383,172	347,267	59,176	-	406,443

Notes:

*** An additional £4,604 (2023/24: £5,184) was raised for and paid to specific charities having passed through the church bank account. No amount was held by the church as of 31 August 2025.**

*** HK Ministry expenses are no longer reported as a separate material item but included in the relevant items under Expenditure on charitable activities**

Section C Notes to the accounts (cont)

Note 11 Paid employees Please complete this note if the charity has any employees.

This year: Last year: Salaries and wages 11.1 Staff Costs Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
	This year £	Last year £
	81,821	82,134
	3,598	9,247
	2,409	3,182
	15,285	20,943
	103,113	115,506
	N/A
	N/A

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benef pension costs) for the reporting period	its (excluding employer of more than £60,000	No such employee	No such employee
Band		Number of employees
		This year	Last year
£60,000 to £69,999		-	-
£70,000 to £79,999		-	-
£80,000 to £89,999		-	-
£90,000 to £99,999		-	-
£100,000 to £109,999		-	-
Please provide the total amount paid to personnel (includes trustees and senior services to the charity. For specific am see Note 28. 11.2 Average head count in the year The parts of the charity in which the employees work	key management management) for their ounts paid to trustees,
		This year	Last year
		£	£
		-	-
		This year Number*	Last year Number
	Fundraising	-	-
	Charitable Activities	8	11
	Governance	-	-
	Other	-	-
	Total	8	11

*** 1 worked full-time and the rest part-time.**

This year Last year This year Last year Thisyear Lastyear £ £ - - Thisyear Lastyear £ £ - - N/A N/A Thisyear Lastyear £ £ - - N/A N/A Please state the accounting policy for any redundancy or termination payments N/A N/A Please explain the nature of the payment Please state the legal authority or reason for making the payment N/A N/A 11.4 Redundancy payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Please state the amount of the payment (or value of any waiver of a right to an asset) 11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made. Please complete if any redundancy or termination payment is made in the period. Total amount of payment	This year Last year This year Last year Thisyear Lastyear £ £ - - Thisyear Lastyear £ £ - - N/A N/A Thisyear Lastyear £ £ - - N/A N/A Please state the accounting policy for any redundancy or termination payments N/A N/A Please explain the nature of the payment Please state the legal authority or reason for making the payment N/A N/A 11.4 Redundancy payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Please state the amount of the payment (or value of any waiver of a right to an asset) 11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made. Please complete if any redundancy or termination payment is made in the period. Total amount of payment	This year Last year This year Last year Thisyear Lastyear £ £ - - Thisyear Lastyear £ £ - - N/A N/A Thisyear Lastyear £ £ - - N/A N/A Please state the accounting policy for any redundancy or termination payments N/A N/A Please explain the nature of the payment Please state the legal authority or reason for making the payment N/A N/A 11.4 Redundancy payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Please state the amount of the payment (or value of any waiver of a right to an asset) 11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made. Please complete if any redundancy or termination payment is made in the period. Total amount of payment	This year Last year This year Last year Thisyear Lastyear £ £ - - Thisyear Lastyear £ £ - - N/A N/A Thisyear Lastyear £ £ - - N/A N/A Please state the accounting policy for any redundancy or termination payments N/A N/A Please explain the nature of the payment Please state the legal authority or reason for making the payment N/A N/A 11.4 Redundancy payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Please state the amount of the payment (or value of any waiver of a right to an asset) 11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made. Please complete if any redundancy or termination payment is made in the period. Total amount of payment
	This year	N/A
	Last year	N/A
	This year	N/A
	Last year	N/A
		Thisyear	Lastyear
		£ -	£ -
		de in the period.
		Thisyear	Lastyear
		£ -	£ -
		N/A	N/A
		Thisyear	Lastyear
		£ -	£ -
		N/A	N/A

Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds. Amount of contributions recognised in the SOFA as an expense	Thisyear	Lastyear
	£	£
	2,409	3,182
	Pension contributions are allocated on the basis of the post. In the case of restricted funding posts, the pension contributions are allocated as appropriate.	Same as this year.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

N/A contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for N/A the reporting charity for this year and last year, if different that is accounted for as a defined contribution plan. Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms N/A and conditions of the multi-employer plan. If this is different for last year, provide details Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit N/A has been determined. If this is different for last year, provide details

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

14.1 Cost or valuation
Freehold land & buildings Other land & buildings £ £ At the beginning of the year - - Additions - - Revaluations - - Disposals - - Transfers - - At end of the year - - Basis* SL or RB (Straight Line or Reducing Balance) SL or RB Rate At beginning of the year - - Disposals - - Depreciation - - Impairment - - Transfers - - At end of the year - - Net book value at the beginning of the year - - Net book value at the end of the year - - 14.4 Impairment 14.5 Revaluation 14.6 Other disclosures (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities. (i) Please state the amount of borrowing costs, if any, capitalised in the construc tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of fixed assets. 14.3 Net book value 14.2 Depreciation and impairments the name of independent valuer, if applicable the carrying amount that would have been recognised had the assets been carried under the cost model. the methods applied and significant assumptions This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. the effective date of the revaluation Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. If an accounting policy of revaluation is adopted, please provide:*	Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Funitures, fixtures and equipment £	Total £
	-	-	-	27,365	27,365
	-	-	-	16,051	16,051
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	43,416	43,416
	SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL
				20 to 33%
	-	-	-	12,159	12,159
	-	-	-	-	-
	-	-	-	7,318	7,318
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	19,477	19,477
	-	-	-	15,206	15,206
	-	-	-	23,939	23,939
				N/A
				N/A
			tion of tangible	This year Last year
				-	-
				-	-
				-	-
				-	-
				Thisyear	Lastyear
				£	£
				-	-
				-	-
				-	-

• The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Please complete this note if the charity has any debtors or prepayments. Note 19 Debtors and prepayments
19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	2,359.0	1,281.0
	-	1,050.0
	2,359.0	2,331.0

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

20.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Pension liability not paid until after the year end Total	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	9,729	10,635	-	-
	-	-	-	-
	-	-	-	-
	9,729	10,635	-	-

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year £	Last year £
	-	-
	-	-
	304,411	238,696
	-	-
	304,411	238,696

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or **UR ***	Purpose and Restrictions	Fund balances b/f £	Income £	Expenditure £	Transfer £	Rounding Difference £	Fund balances carried forward £
General	U	Day to day business and charitable activities. No restrictions	176,804	426,179	-348,804	- 4,150	- 1	250,028
HK Ministry	U	Designated for HK use during this period	56,447	2,609	-	-	-	59,056
HK Fellowship (Tyndale)	U	Designated for HK use during this period	7,600	9,410	-8,312	-	-1	8,697
Youth Fund	R	Payment of youth worker and related expenditure	-288	7,838	-11,700	4,150	-	-
Diocesangrantfunds	R	Restricted funding for various posts-timelimited	5,040	1,333	-3,174	-	-	3,199
Other funds	R	Funds for Torch and Earley HelpHub	-5	11,185	- 11,182	-	2	-
Total Funds			245,598	458,554	- 383,172	-	-	320,980

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

funds
Fund names	Type PE, EE R or **UR ***	Purpose and Restrictions	Fund balances b/f per last return £	Adjustments of funds b/f £*	Adjusted fund balances b/f £	Income £	Expenditure £	Reclassification £**	Fund balances c/f adjusted £
General	U	Day to day business and charitable activities. No restrictions	83,292	15,966	99,258	419,614	-342,068	-	176,804
HK Ministry and Fellowship	U	Designated for HK use during this period	59,685	-6,010	53,675	2,772	-	-	56,447
HK Fellowship (Tyndale)	U	Designated for HK use during this period		6,006	6,006	6,793	-5,199	-	7,600
Youth Fund	R	Payment of youth worker and related expenditure	20,473	-55	20,418	9,281	- 29,987	-	- 288
Diocesangrantfunds	R	Restricted funding for various posts-timelimited	985	- 165	820	13,858	-9,638	-	5,040
Other funds	R	Funds for Torch and Earley Help Hub	2,268	-1,016	1,252	18,294	-19,551	-	-5
			-		-	-	-	-	-
Total Funds			166,703	14,726	181,429	470,612	- 406,443	-	245,598

• The adjustments to General Fund include the net book value of fixed assets recapitalized as of 1 Sept 2023. The HK Fellowship (Tyndale) Fund is listed separately from the HK Minstry Fund starting from the current year. There are also some minor adjustments of £1,436 being creditors as of 31 August 2023 also explained in footnote 1.5, reducing the b/f by the same amount.

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

This year

Thisyear
	Reason for transfer and where endowment is converted to income, legalpower for its conversion	Amount
Between unrestricted and restricted funds	N/A
Between endowment and restricted funds	N/A
Between endowment and unrestricted funds	N/A

Last year

Lastyear
	Reason for transfer and where endowment is converted to income, legal power for its conversion	Amount
Between unrestricted and restricted funds	N/A
Between endowment and restricted funds	N/A
Between endowment and unrestricted funds	N/A

27.4 Designated funds

This year

Thisyear 27.4 Designated funds
Planned use	Purpose of the designation	Amount as of 31 August 2025
Use by the HK leadership for the benefit of their congregation	To support the long-term development of the HK congregations at Trinity.	£59,056
Use by the HK Fellowship (Tyndale)	To cover the operating expenses of the HK Fellowship currently held at Tyndale Church	£8,697

Last year

Lastyear
Planned use	Purpose of the designation	Amount as of 31 August 2024
Use by the HK leadership for the benefit of their congregation	To support the long-term development of the HK congregations at Trinity.	£56,447
Use by the HK Fellowship (Tyndale)	To cover the operating expenses of the HK Fellowship currently held at Tyndale Church	£7,600

Issue I INDEPENDENf EXAMINER'S REPORT A¢¢ounts for Church Financial Year Septsmber 2024 to August 2025 Summary The ¢huT¢h's accounts are well maintained and supported by appropriate accounting r￿OrdS. Our review indicates that expenditure was properly incuTred in furtherance of the church's activities , consistent with the prior year's findings. Total income for 2024125 was £442E, compared with £452k in 2023124. Excluding the £50k leg received in 2023124. underlying income increased by I￿/0, reflecting stronger giving and continued Total expenditure decreased from £386k to £367E. driven principally by lower staffing and building nmintenance costs during the year. tkspitr lower reported income overall, expenditure was well controlled, contributing positively to the yearond outcome. The church reported a Surp1￿ of £75k after depreciatio￿ exceeding expectations and improving on the prior year surplus of £66k in 2023124. This is consistent with the Treasurer's rq)ort, which noted that a budgeted deficit was Convert￿ into a surplus through strong giving and disciplined cost managem¢nt. In our opinion, the final accounts present a fair view of the church's financial position for the 2024125 accounting year across all funds. We identified no re￿rtable matters of material significance . Re¢ommendatlons From 2024125, the accounting team began wing cloud-based accounting software, which has significantly improved accessibility and flcxibility. Supporting docum¢nts are still stor¢d on th¢ shared thive by expenditure type, which remains convenient for the independent examiner's review. However, the team is encournged to consider attaching sup￿rting documents directly to vouchers on the accounting system to fi￿ther strengthen the audit trail. Observ8tions It is noted that a formal fixed asset register has not yet been completeiL The accounting team is in the process of developing one, and it is exP￿ted to be available for next year's review. Thes¢ in¢lud¢ some activities of other or8ani5ations which the ¢hutch h&8 beul supp>rting. 2 The figures here iDclude the T￿Idale component (income £9.4K expendiwre £8.3K in 2024125). See Referellce 2 for an official inr¢rpr¢thtion of thi5 5tstemcnL

Issu¢ I Examinatlon Method The enmi￿tIOn method is set out in R¢ference l and remains unchang¢d from the previous year. Findings Inde ndent Examination R The thjstees have detennined that an audit is not required for the 2024125 accounting year. as gross income w&8 below £1 million. As income exceeded £250,OIK). an independent examination by a suitably qualified person is required and is ¢on5idered appropriate. The level of turnov¢r also requires the preparation of accruals accounts rather than the 'receipts and payments. basis used up to 2021122. We confirni that the church's turnover of £459k falls within the rdnge requirlng a qualifi¢d tndyndeTht Examiner but not a ststutory audit. Treasurer's Summ of Accounts This provides a fair sunuw of the financial year. The accounts have been prepared on an ￿e¢n￿lS basis, which is appropriate given the church's level of turnover. All expenditure reviewed was properly incurred in fiwth¢rnice of the church's activities, including associated activities as noted below, or constituted donations to charitable Causes. Funds collected directly for charities were passed on in fi￿1, without dethiCti0￿ and in many cases were supplemented from the church's Mission Giving fimd. Segregation of duties has been intrimjuced into the payment control prLKess. such that one individual initiates the payment and a second individual authorises IL Recei Review of the income records indicated that all income ]w1 been allocated to the appropriate accounts and classed as 'restricted' where donors had specified this. In additio￿ funds described as 'designated', while not legally restricte￿ were generally applied for their intended purpose. More than 60/0 of Trlnity Cburch's income from members. including Hong Kong. is received through regular standing order5 or the equivalent Parish Giving Scheme. Both arrangements enable the cbuTch to recover an additional 25 /0 tax rebate on donations from stsndard and higber-rafr taxpayers. Some donations are also received through individuals. cbarity accounts. where the related tsx relief has already been applied before the donation is made. The development fijnd grallt supporting the transition to a combined ULIHK cbur¢b reduced from £9k in 2023124 to £lk in 2024125, as ILO grant monies for the One Church project were received in 202412025. A¢¢ruals This was the third year of accruals accounting. and accruals were therefore applied at both the begiJ]ning and end of the year. In practice. a substantial PTOPOrtion of the cburcb's annual income and expenditure arises in regular monthly amounts. so the ovcrall effect of accDJals remains limited. ° This r¢pr¢s¢nts the totsl church itKome £442K phLS inwm¢ from associated activiti&% £16K See'knxiated Acttvities" below.

Issu¢ I Ca ital Assets Since 2023124, Trinity Church has accounted for fixed assets. Assets acquired within the last fiv¢ yws with a cost exceeding £l,O(K) and a useful life of more than one year have been capitalised. Depreciation has been calculated from the month of acquisitioz4 and a Fixed Asset Policy has been established. Solar Panels This was the third year in which solar income was received without costs associated with the initial capital outlay. Solar income remained broadly consistent with the Prior year at approximately £4k, providing a stable income stream. Maintenatt¢e and repair costs are met without ￿COurse to capital borrowing. Mission Givin and other Charitsble Donations The long-standing policy of donating 10 % of the church's relevant income has been maintained. From 2024125. combined UK and HK relevaui incotne will be used as the basis for this calculation. These donations are entirely voluntary and do not ¢Teate any legal obligation to make future contributions. nurnber of special collections were also made and passed directly to charities, in some Cases supplemented from the general Mission Giving fimd. Manse Finances Norn)al operation of the manse had resumed before the start of 2021122. The manse is managed by th¢ Methodist Church as an equal partner, and the costs deducted from annual Tental income are reasonable and fuIly documented. Trinity's half share of net income was £8L and this level of retum can re&sonably be expected to continue. Hon Kon Activities 2024125 was the third filll year of HK activities, which accounted for just over half of th¢ total financial activity. These activities use the Trinity bank account and are included within the 2024125 accounts und¢r HK headings. HK income exceeded the dRrect costs of the HK ministy by approximately £64k. Associated Activities For many yearg. the church h&% undertaken minor wociated activities. previously reported in independent examination reports ulld￿ the heading '(Financially) Minor Activities.. representing less than 5 /0 of total church finances. The church also provides certain admintstrative support to associated organisations such as Torch, which maintain their own income and expenditure records. These amounts are not included wtthin Trinity Church's rewyrted income and expenditure, but they are taken into account in assessing turnover. as a￿ charitsble collections that pass through the Trinity bank account. As a result, turnover is at £459k rather than the £443k ￿tal church income. Income and Ex enditlre The church's income increa8ed from £402k in 2023124. pl￿% a £50k l¢gacy. to £442k in 2024125. Of this total. £1.3k related to grants SUPFrt)rting the new A&sociaÈ Minister and the HK amalgamatio]L The expansion to inCOTpofdte HK activities has resulted in a fiffther significant increase in staff costs . However, income has grown by an even greater amoun¢ resulting in a substantial surplus of income over expenditure. Now including payments lo those providin8 the HK mini5ty and p8sfoTal #rfivities.

Issu¢ I The largest single area of expenditure for Trinity Church is staffing costs, although these were lower than they might otherwise have been owing to the vacancy arising from the Pastornl Worker's retirement. These costs are expected to increase once the px)st is filled. Financial Reserves The end of year position for 2024125 is: (£) {with last year's figures for compaTison} 31 August 2025 31 August 2024 304,411 238.695 2.359 2.331 (9.729) (10.635) Bank accounts Ikbtors Creditors Net balance 297.041 230.391 The net balance represented over 80 % of annual expenditure {£367k}. a significant increase from 600/0 as at 31 August 2024, notwithstsnding that expenditure may not yet reflect the full ongoing stsffing cost base. The working reserve remained well above the recoD]mended minimum of 25/0 and also above the indicative norni of 500/oJ which is generally considered sutTicient to cover reasonable contingencies. Given that the past five years have included both the pandemic and the HK amalgamation, each of which could have created financial pressure. this level of reSe￿e is considered very satisfactory. Matters of Material SignificaDce Reportable to UK Charlty Regulators tn the course of the independent examinatio￿ no matters of nmterial significance were identified that would rquire rq)orting to UK charity regulatOTS. See Reference 2, Section 5. for the relevant Criteria. References Trinity Church. tndependent Examination of Accounts. futhncial year September 2024 to August 2025: Examination Method. tNigel Holloway & Mandy January 2026.] Independent Examination of Charity Accounts: Di￿￿onS and Guidance for Examiners. Charity Commission document CC32 (as amended). INDEPEIYDENT EXAMINER'S FORMAL STATEMENr We have cotnpleted our examination and confirm that no mateTial matters have wme to our attention in connection with th¢ examination to cause us to believe thaL in any tDaterial re5pe¢t: I proper accounting records were not maintained. or 2 the accounts do not accord with those records. We have no concerns and have identified no other matters in Connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts ￿ be reached. Mandy Lau (tndependent Examiner) Nigel Holloway (Assistant) mljwr 1710612026 1710612026