## **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.|||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||✓||| |||Yes||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓|✓|✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||||| ||**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