Company Registration No. 08073794 (England and Wales) BARNABAS COMMUNITY CHURCH TRUSTEES, ANNUAL REPORT AND INDEPENDENTLY EXAMINED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
BARNABAS COMMUNITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Directors & Trustee¥ LF Branfiekl PR Downward SJ Heys RL Jones DE Matthia$ A Reed S Birchall AD Knoetze Charity number 1148096 Company number 08073794 Registered orfice The 88rnabas Centre Longden Coleham Shrewsbury SY3 7DN Independènt examinar Baker Accountancy Services WindtRill Farm Business Hub Bowslridge Lane Chalfont St Giles Bucks HP8 4RG
BARNABAS COMMUNITY CHURCH CONTENTS Trustees report Page4-6 Indendent Èx8minerfs rèport Page 7 Statement of financial activities Page 8 Balance sheet Page9-10 Notes to the financial statements P8ge11-20
BARNABAS COMMUNITY CHURCH TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2025 The Directors & Trustees present their report and financial stat6ménls for the year ended 31 March 2025. The accounts have been prep8fed in accordance with the accounting policies set out in note 2 to the accounts and comply with the charity's governing document. the Companies Act 2006 and the Statement of Recommended Practice IFRS 102 - second edition) "Accounting and Reporting by Charities" effective 1 st January 2019. Objective8 and actlviti•s The principal activity of the charitablè company is th8 running of a church. The company's activities are regulated by the MÈmor8ndum and Articles of Association. The objectives of the charitable company are.. al The advancement ol the Christian faith. bl Relief of persons who are in oonditions of need. hardship and distress or who ère aged or sick. cl The provision of instruction in the Chrastian faith at any educational establishment. The Directors & Trustees have with due regard lo guidanc£ issued by the Charity Commission in decjding what activihes the charity should undertake. Achievements and perforniance 2024r25 continued lo see growth in the number of people attending our services and the number of ChLtrch mernbers. Regular Sunday attefidance is well over 31)0. with some services Seeing over 350 in the building. As previously planned, our eldership was expanded with Daniel Jenkins and Matt Lawrence appointed in September 2024. Daniel brings a wealth of previous church leadership experience, a real paslorfs heart and Inspiratioal preaching. Matt. who giew up within Bamabas Church. has for many years had an important leadership role in our youth work, and this will continue to further develop as an Elder, and a5 a teacher h88 excellent leaching 8ntJ preaching skills. It is hoped to further grow the eldership team in the future. The pastoral te8m has been strengthened with employment of an experienced covnselloi, an overseas volunteer was taken on under the Time for God Programme. to assisl in many aspect5 of Church life for a12 month term. A new voluntary Childn'S worker was appointed to lead Our children's work on a three day per week basis. She ovef3ees the four separate children's groups, which rufi each Sullday. Kingdom Kids12-4sl, Kingdom Explorers1>7sl. Kingdom Kids17-10s1 alld Rooted111 plusl. Average children numbers on a Sunday are in the 80 plus r8nge and a large group of volunteers help run this Important part tsf Barnab8s' ministry. A new Initiative started during the year, with the'Together' group. 8 social group meeting on Monday mornings for the 60 plus age range. This has started with a small but steady following and it is hoped with grow further as it become5 rnore established. Stay & Play, our toddlei group, h88 flouFished and had grown to its room's maximum capacity with a wailing list now operating. The Centre building is heavily used throughoth the week by 0r sister ch8rily, Bamabas Comrnunity Projects. with its many Food Bank Plus Initiatives, such a5 360 Walk. 380 Talk, 360 Drop-in, 360 Create, 360 Grow, 8atn8bas Money Advice arTrd Breathe Counselling Service, etc. Their Christrnas 2024 campaign saw the Centre building taken ovef for five days in the preparation and distnbution of some 400 plus Christma5 harnpers for food b8nk clients. Hundreds ol volunteers were involved in this work. Other building user5 1clude Runlales, NHS. Shropshire Council, CMA. which bring in useful room hire income. January 2025 saw our lea¢J Elder travel to Peru lo be the principal speaker at the Peru SIM I Serving in Mission) cOnferell This was lo give support and encouragement to Lizzie Vthile, a Church member who has been working as a water engineer missionary in Peru for the last ten years.
BARNABAS COMMUNITY CHURCH TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT} CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 We have continued works to refurbish the Church office building with full intemal redecoration and rool. fascia, soffit and gutter cleaning undertaken. There were no serious fltsoding worries during the year. which is pleasing to report. We have seèn remarkable provision by God this year. by way of several substantial gifts tot81ing over £100.000 on lop tsf our usual regulai income. £30,000 was recewed from the winding up of Hope Church, North Shrewsbury. This has been allocated towards the cost of installing a lift in the Centre building, whith will provide full access for all lo the Upper Room and the ancillary first floor roorlls. 11 Is hoped lo do this In 2025126 We have also paid off the Church mortgage, saving approxim3lely £7.000 pei annum. This money will enhance our Church ministry funds going forward. As a consequence of these donations. our reseNes are significantty higher at the year end. FFnan¢ial revlew During the pèriod the charity received income tolaling £539.24412024. £442,917) and incurred general expenditure of £434.62712024.. £465.8161. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six rnonth's expenditure. The DiieGtors & Trustee5 consider that reserves al this level will ensure that. in the event ol a significant drop in funding. they will be able to continue the chkrity's current activities while consideration is given to ways in which additional ftjnds may be raised. Thi5 level of reserves has been maintained throughout the year. The charitable company generates a regular inGome by wèy of gifts and donations and this is adequate to cover the projected expenditure. In addition, the eharitable company seek5 to maintain adequate reserves to enable It to meet any unforeseen expenditure or to cover any short-tem drop in income. As at 31 March 2025 the total reserve5 were £1.107.17512024.. £1,002,558) with £16,361 12024.. £18.0441 in a de5gnated fund. £591,99912024.. £587,337) restricted and £498,81512024". £397.1771 unrestricted. Risk Management The Directors have considered the major risks to which the ch8ritable company is exposed and have established appropriate Systerns to mitigate those risks. Structure, govemanee and managèment The charity became a company lirniled by guarantee 1S1 August 2012. 11 does not have a share capital. In practice the activities are very Much a continuation of the work prevv)usly undertaken by the former eharitable trust (charity 5151841. The directors of the company are also the trustees of the charitable activitie5. The Directors & Trustee5' Remuneration & Expen3es. who are also the ¢Jirectors for the purpose of company law. and who served during the year were.. LF Branfield PR Downward SJ Heys RL Jone8 DE Matthias A Reed S 8irchall A Knoetze
BARNABAS COMMUNITY CHURCH TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI cOrINuED FOR THE YEAR ENDED 31 MARCH 2025 Accoicling to the Arfdes of Assoriatlon, thare is no maxinum numbèr Df dirèctors. The minSmum numb8r 1$ 3. 8 or 9 se8ms to be about the best, and allows for specialisalion within the diiectorato lflnance, chihl prolectlon, h8gJlh and 5af8ty, 5t8ff gtc.). Dlr8Ctors rnust b8 li8t6d In the current dSr•¢tory as m&mbèr$ gf BarnaS Community Church. Directors may be rernuneratad, $ccording to Article 7.2lal ststes that 'a dlr6ctor or connected person may receive a nefItfrorn the ch8Jity in the capaelty of a beneflcl8ry olthe charfty prowded tha 8 majority olthe dirgctors do not benefft in this way. Dirèetors sgrvo for 3 years after which they can bè wlected. In looking for new directors, wè follow a'lob d88cription' Ibalowl. with a partlculdrvtew to filling any of tha roles within tha (SictorShip that rnay b& lacktng. Dirgctors make ajointd8cision about approaching ong oftho Samgbag memb•ryd and then del&uale the raspttnsiblllty of dls¢u$slng with this pgr¥on fvrther. BarMba8 Communlty church Dlr•¢tsts'Job Dp8cAptlon' srItual 8tatur8 Directors must be matur& Chri¥lians who have a concem forall the mÈmbers ol tha Church, Pnd the actfvlUe3 that are run by Church. In the directors, ct)nt8xI this will bg domonslrgted by.. A thorough underslafiding of God's word, which enables dirèctors to detect any deviation from the Church's Staternenl of Faith or nornial biblical doctrine and bring this Informally to thé Èlders. Being a'critical friend. to the 8ldafS, sharing priv8lely with tham if dlreclors fa81 that the ernphas of the church's tsaching or practlce Is bacoming unbalanc6d. A willlngness to b&corne 8cquainted with diffèrent aspècts ofthe Church'$ mlni8ty and thus to Aupport tharn 8nd ¥eprasent them in tha directors, forum. Pr8y8rfulnes9- both in prfvate and corporats conlgxts. Support for 81d?r8 and other laadgr8 Input to, and support for, poli¢y decislon$ that havo fln8Mcial, legal tx insuranc6 impK¢aliow. Caring lor elders through regular meeb.ngg lo discuss p9rsonal as wall as Chureh18sues. Flnanclal, legal and relat•d matt8rs Settlng the annu81 budget lafter consultation wtth all budget hold8ts1 and monitotlng it. Responsibility for legal i58UeS, guch as health 8nd saloty, thild Safeguarding and Ingurancas. Final responsibility in matters rglating to building5. Staff aking staff appointments lin consultalon wlth elders) and ensurln9 r91ated legal matter8 relat#)g td ernploymenl are in placè atKI kept up40-dale. Setting and upclating stsfl 94lari85. Ensuring 018r staff reM6w8 are in place. Overseeing dlsryplinary m8tters in relation to staff. Trade Cradltor8 The company's curr&nt policy eoneeming the paymgnt ol trad& craditors is to follow the CBI'S Prompt Payers Code Icoples arg avalable from the CBI, Centre Polnt. 103 Nèw Oxford Stt. Lonclon WC1A 10U}. The cornpany's current policy concemlng tho paymènt of trad8 cltOrS is to.. Settle the to5 of payment with suppliers when agreeing the18$ ol èach transaction. Ensure that suppliers art made ware ol the letms ol paym8nt by Incluslon ol the r81ovant terrns in contracts., and Pay in acctsrdancè with the company's contrathal and other legal obJiyatlon8. Tho Twstegs rnport W88 opproved by the £08rt1 ofDir8Gtw & Truste8s'. R Jong8. Tmsfr8è. D8t8d .
BARNABAS COMMUNITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE DSRECTORS & TRUSTEES OF BARNABAS COMMUNITY CHURCH I report to the directors and trustees on my examination ofthe accounfs 018ainabas Community Church lor the year ended 31 March 2025. which are set out on pages 8 10 20. Responsibilities and basis of report As ltte director5. who also act as ihe charity s trustees. you are responsible for the preparalitsn of the a¢¢oun15 in accordance with the requirements of the Charities Act 20061'lhe Act'l. Having salisfied myself Ihat the accounts of the Company are not iequired lo be audited for this year under part 16 of the 2006 Act and are eligible for Independent examination. I report in respect ol my exaThinalion of the Trust's accounts carried oul under section 145 of the 2011 Acl and In rarrying out n7y examinatron. I have followed all appltcable Directions given by the Charity Commission under section 14515llbl of Ihe 2011 Act. Independèntexaminerfs stslèment The charity'5 gross incoine exceeded £250.000 and l am qualified to undert8ke the examination being a qualified chartered accouniant and fellow of the Institute ol Charteied Accountants in England and Wales IICAEWI I have completed my examination. I conlirm that no malenal matter5 have come to rny altenlion in conneclion with the examinalion giving me cause lo believe that In any material respeci" accounting records were not kept in respecl ol the Trust as required by section 130 01 the Act.. or the a¢untS dKI not accord with Ihe accounting records, or the accoun15 did not comply with the applicable requirements nCerning the fomi and conient of counts sel out In the Charities (Accounts and Reports) Regulations 2008 other than any requirertFent that the accounis give a 'true and fair view which Is not a mailer considered as part of an indopendent examinalion. I have no concerns and have come across no other matters Ir? connection with the examination lo which attention should be drawn In this report In order lo enable a proper understanding of the ac¢ount5 to be reached. Emma Baker Bsc (Honsl BFP FCA Baker Accountancy Services Windinill Farni Business Hub Bowslridge Lane Chalfoni Si Giles 8uGkinghamshire HP84RG Oate.
BARNABAS COMMUNITY CHURCH STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrèstricted Designatèd Restricted funds funds funds Total 2025 Total 2024 Income from.. Notes Voluntary income 504,382 33,$81 537.963 441.960 Investments 1.281 1.281 957 Total income 505.663 33,581 539,244 442.917 Ex endtture on.. Charitable activilies 404.025 1,683 28,919 434.627 485.816 Net incominglloutgoingl resources before transters 101,838 11,6831 4,662 104,617 122,8991 Gross transfer5 beeen fvnds Net incomellexpenditurel for the yearlnet movement in funds 101.638 11,6831 4,662 104.617 122,8991 Fund balan$ at 1 April 2024 397,177 18.044 587,337 1,002,558 1,025,457 Fund balances at 31 March 2025 498,815 16.361 591,999 1.107,175 1,002.558 The statement of financial activities Includes all gains and 105ses recognised in the year. All income and expenditure derive from continuing activities. The statement of finanaal activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
BARNABAS COMMUNITY CHURCH BALANCE SHEET AS A T 31 MARCH 2025 2025 2024 Not88 Fixed assets Tangible assets Current assets Debtors Cash at bank and in h8nd 891,838 891,838 11 22.062 197.623 21.986 153,619 219.685 175.805 Crèditors= amounts falling due wlthlnone yèar 12 14.3481 {15.7321 Net current assets 215,337 159,873 Total assets less current liabllitsas 1,107,175 1,051,711 Creditors.. amounts falling due aftèr more than one year 13 149,1531 Net assets 1,107,175 1,002,558 Income funds Restricted fund5 Designated funds Gener&1 unrestricted fijnds 16 591.999 16,361 498,815 587,337 18,044 397.177 17 1,107,175 1,002,558
BALANCE SHEET CONIINUEO AS Af31 MARCH 2025 Tlie company is enlittod to the exèmptitsn from the audit requirement Contained in Section 477 of Ihg Componi88 Ad 2006, for thè year endad 31 March 2025. The members have nol required the company to obtaln an audit of its fin8nri818tat8monls forth¥ yoar in qestiOn in accordance wllh section 476 of thè Componi9s Act 2008. In accordance wlth sactlon 4d4 01 th¢ Companies Act 2006 all of the mernbe ofthe company have consentad to the abridgement of th8 finanaal slalem9nts pur3u8nt to paragraph 1A of Schedule 1 to the Small Companlos and Groups (Aecounts and Dir8Qtors' Report) Regulations IS.1. 2tt0814091{bl. Thè dirèetors acknowlodge their responsibililies fo¥ ansU9 that tha ch8rlty kegp$ 8ccounting raeords whlch comply with 8ecllon 388 of the Act and for prgparing financial $tatemont$ which give a true and fair view of th8 51*9 of affaifs ol the Company as at th8 and of the financi81 ye8r afjd of rt8 incoming r8s¢Jur¢es 8nd applir8tion of resourcgs, including its income And 8xpendilur8, for the financial year in accordance wlh Éh8 requirements of ¥actionè 394 and 395 and which otherwise comply wth the fgquirements of thg CompanieB Act 2006 relatlng to financial statements, so far as applicable lo the company. These finanelal statements havg been prepared in accordancg Wlth the prov18ions applicable Its companias 8ubltsct ttt th• sm811 ¢ompanies regim¢ and in 8ccordance wllh FRS102 SORP. Th& a¢¢ounts ere approved by th$ Directors & Trusteés, on ,..,.i¥-, ..N.fj.¥..2oZS R Jones Tru5tètr Company Reol8tratlon No. 08073794 -10-
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Crltical accounting estimates and judgements In the applic8t10n of the charity's accounting policies, the Directors & TfUStees' Remunei8tion & Expenses are required to make judgements. estim81es and assumptions about the carrying amount of asset5 and liabilities that are not re8dily apparent from other sourees. The estirn8tes and associated assumptions are based on historical experience and other factors trat are considered lo be relevant. Actual results may differ from these estimates. The estiwnates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revi510n 8ffe¢ts only that period, or In the period of the revision and future period5 where the iev15ion affects both current and future periods. Ac¢ounting policies Charity information Barnabas Community ChuTch is a private company limited by guarantee incorporated in England and Vvales. The registeied office is The Bamabas Centre, Longden Coleham, Shrewsbury, SY3 7DN. 2.1 Accounting convention These accotsnts have been prepared in aceordance with FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1. 'Accounting and Reporting by Chanties the Statement of Recommended practi lor chanties applying FRS 102, the Companies Act 20( and UK Generally ACpted Accounting Pr8ctiTr as it applie5 from 1 January 2015. The tharity is a Public Benefit Entity as defined by FRS 102. The financial statements have been prepared under the historical cost cr>nvention. Inodified to include the revaluation of freehold properties and lo include investment properties and certain financial instruments al fair value. The principal accounting policies adopted are set out below. 2.2 Currèncy The financial slalements are prepared in sterfing. which is the functional currency of the charrty. Monetary amounts in these finanaal slalements are rtsunded lo the nearest £. 2.3 Going concern At the time tsf approving the financial statements, the Directors & Trustees, Remuneration & Expenses have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Directors & Tru5tees' Remuneratitsn & Expenses continue lo adopt tho going concérn basis of accounting in preparing the financial statements. 2.4 Incombng re$our¢es Income is recogriised when the charity is legally entitled to it after any performance conditions have been met, the arnounts can be measured reliably. and it is probable that income will bè ieceived. Cash donations are recognised on receipt. Other donations 8Te recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations te4Ved under Gift Aid oi deeds of covenant is recognised al the time of the donation. Items of income are recognised and included in the accounts when all of the following criteria are met.. The charity ha5 entitlement to the funds.. any performance condition attached to the item of income have been rnet orare fully within the control of the charity.. there Is sufficient certainty that receipt ol the income is considered probable.. and the amount can be measured reliably.
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl 2.5 Resources èxpènded Expenditure Is recognised once there Is a legal or conslrudive obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings.. EKpendilvre on charitable activities Inclu¢Jes the costs of wnning the Barnabas Communty Church and other activitiès undertaken to further the purposes ol the charity and their associated support costs. Other re50uices expended relate to governance costs induding the Independent Examinerfs fees, accountancy and other professional fees. Expenditure is accounted lor on an accruals basis Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Irrecoverable VAT is Gharges as a cost against thè 8Gtivity for which the expenditure was incurred. 2.6 Tangiblè fixed assets Tangible fixed assets are initially measured 81 cost and subsequently measured al ¢081 or valuation. net ol depreciation and any impairment losses. Assets purchased at a value over £5,000 are induded in the balance sheet initially at their cost and are depreciated as follows.. Freehojd property- Equipment, fixtures and frttings Over useful economic lrfe The gain or logs arising on the disposal of an asset is determined as the d5ffeience beeen the $81e pred$ and th8 carrying value of the asset and is re¢ognised in nel incornellexpenditurel for the year. 2.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounis of ils tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. 11 any such indication exists, the recoverable amount of the asset is estimated in order to determine the ext6nt of the impaiment loss lif any). 2.8 Ca¥h and cash equivalents C8sh and cèsh equivalents include cash in hand, deposits held at call with banks. other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are Shown within borrowings in Current liabilities. 12
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Atcounting policies (Continued) 2.9 Financial instruments The charity has elected lo apply the provisions of Section 11 'Basic Finanaal Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial Instruments are recognised in the ¢h8rity's balance sheet when the charity becomes party to the contractual PTovisions ol the instrument. Financial asse15 and liabilities are offset. with the net amounts presented in the financial statements. when there is a legally enforable right lo set off the recognised amounts and there Is aN intention to settle on a net basi8 or to realis8 the a$set and settle the liability simtjltaneously. Basic financial assèts Basic financial assets, which include debtors and c8sh and bank balances, are initially measured al transaction price Including transaction costs and are subsequently carrièd at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured at the present valtje of the future receipts discoLJnted 8t a market rate of interest. Financial assets dassified as rec&iv8ble within one year are not amortised. Basic finanei31 liabilitiOS Basic financial liabilitie5. including creditois and b8nk loans are initially recognised al transaction pnTr unless the arrangernent constitutes a Iinancing transaction. where the debt instrument 15 measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classrfied as payable within one year are ntst atnortised. Debt instruments are subseqLJontly carried at amortised cost, using the effective interest rate method. Trade cditOrS are obligations to pay for goods or services that have been acquired in the ordinary course of operations from Slippliers. Amounts payable are classified as crrent liabilities il payrnent is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction pri and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabllit1•5 Financial liabilities are dere¢ognised when the charity's contractual oblig8tions expire or ao discharged or cancelled. 2.10 Taxation The charity receives tax refunds in respect of deeds of covenants and gift aid donations. These are accounted for in the period In which the original donation was received. 2.11 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. TÈrrnination benefits are recognised immediately as an expense when the ch8rity is demonstrably committed to terrninate the employment of an employee or to provide temiination benefits. 13-
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (Continued) 2.12 Fund accounting Unrestricted funds can be used in accordancè with the charitable objectives at the discretion of the trustees. Restricted funds ¢an only be used for particular restricted purposes within the objects of the eharity. Restrictions anse when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is includ@d ia the notes to the fin8ncia statements. 2.13 Debtors Trade and other debtors are recognised at the Settment amount due. 2.14 Creditors and provis40nS Creditors and provisions are recognised where the charity has a present obligation resulting from a p8$t event that will probably result in the tiansfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditols and provisions are normally recognised at their settlement value. Inv•strAents Unr¢$tricted Unrestricted funds funds 2025 2024 Interest reeeivable 1,281 957 Voluntary income Unrestricted Designated Restricted funds funds funds Total 2025 Total 2024 Offenngs and covenanted giving Othei InMe In¢ome lax refunds Gifts & donations 294.829 62,626 56.827 90,100 294.829 96.207 56.827 90.100 286.764 100.566 54,410 200 33.581 For the year ended 31 March 2025 504,382 33,581 537,963 For the year ended 31 March 2024 411,640 30,320 441,960 14
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Charitable activitles Charitable Charitabl• activities activities 2025 2024 inistry giving Salaries and pension Gifts and donations Catering Youth and children's work Training and seminars Church activitios Printing. postage and stationery Insurance Lighting and healing Repairs and Fenewals Telephone Licellses and registration Travelling expenses Loan interest Bank charges Depiecialion 124.9Jl 124,890 118,123 111,166 .30,423 10,397 1,707 9,234 14,2.30 2,323 11.339 7,780 3,317 8,442 37,762 2,386 6,908 13,89) 67.912 3,5& 2,184 1.497 3,150 1,861 970 4,228 460 ?9,)24 449 430.i14 462,187 Share ofgovern8nce costs (see note 61 4,113 -1,629 465,816 Analysis by fund Unrestricted Funds Designated Funds Restricted funds 404.02. 1.683 28,9l9 39i,281 J8,067 i2,468 434,627 46.i,816
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs Support Governance Costs costs 2025 Support Costs Govern3nce costs 2024 Legal & professional 1,527 1,527 468 Accountancy 2,586 2,588 3.161 3.161 4,113 4,113 3,629 3.629 Analysed between Charitable activitlèS 4.113 4,113 3,629 3.629 Employee8 Number of empltyee$ The average monthly number of employees during the year was.. 2025 2024 Number Numb•r 12 Employment costs 2025 2024 Wages an¢J Salaries Social security cost5 Employer pér¥sion costs 232.127 10,248 7,466 214.284 8,214 6,790 249.841 229,288 There weie no employees whose annual remunèration was £60,000 or more. 16-
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Directors & Trustees, Remuneration & Expenses The Trust deed peFmits the charity to remunerate no more than half the directorsrtrustees. During the year the following amounts were paid to directorsltrustees. and their spouses which includes salaries, pension and reimbursement of expenses e.g. for training. travel and telephone usage, 2025 2024 D Matthias S Heys P Downward S Birchg11 55.829 11,515 1,308 148 70,108 50,384 10.761 81,145 9 Tangible fixed assets Fieehold Equipment property fixtures and Total Cost At 1 April 2024 & 31 March 2025 891,838 177,479 1,LK9,317 Deprèeiation and impairment On 1 April 2024 177,479 177,479 Charge in the Year On 31 March 2025 177,479 177.479 C8rrying amount al 31 March 2025 891,838 891,838 Carrying amount at 31 March 2024 891.838 891.838 10 Financlal instnjments 2025 2024 Carrying amount of fEnancial assets Debt Instruments measured at amortised cost 219,565 175,605 ¢arryÈng amount of financial liabi14ti8S Measured at amortised cost 4,348 64.885 Financjal assets measured at amortised etssl consists of amounts due from income tax recoverable and cash at bank. Financial li8bilities messured al amortised cost consists of other loans, 8ru31S and loans from connected company.
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 11 Dgbtor8 2025 2024 Amounts falling due wtthln one year.. Trade debtors 5,961 7.696 Income Tax recoverable 15,930 14,290 Oth8r debtors 171 22.062 21.986 12 Creditors: amounts f¥lling du• within one year 2025 2024 Notes Trade creditors 2,034 5.687 Other 103n8 5,746 Pensions 719 2,531 Accru81s and deferr8d income 1.595 1.788 4.348 15,732 13 CdItorS- amounts falling due after more than one year 2025 2024 Noivs Other loans 15 49.153 14 S•eured creditors 2025 2024 Oiher loans 54,899 Payable within one year Payable after one year 5.746 49,153 The above loan was repaid in the year.
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Analysis of net a$$•ts belydeen funds Unrestricted Fund Re¥tri¢ted Designatèd Fund Fund Total Fund balances a131 March 2025 are represented by.. Tangible assels Current assetsllliabilib-esl Lon9 tem liabilities 266,442 232,373 625,3 {33,3971 891,838 215,337 18,361 498.815 591,999 16.361 1.107,175 16 Restricted funds The income funds ol the charity include iestricted funds comprising the lolknwing unexpended balances of donations and grants held on trust for specific purpose5'. Movement in funds Balan¢e at Incoming Resources 1 April 2024 resoure8S expended rransfers Balance at 31 March 2025 569,489 14,9221 39 12001 12.2221 13661 32.636 11,2381 13251 12.8571 Oevelopment Fund Youth Camp Men's Events Word Online Church camp Fellowship fund Antioch pio}ect Impact fund Ladies. events Year project Stay & Play 569,489 12,7601 39 12001 1851 4,442 6.804 2,137 594 13.966 2,692 149 25,482 2.197 21.120 17431 13251 69 1,242 33,581 2,926 723 587.337 28,919 591.999 The Development Fund was established in r818tion lo the purchase of additional buildings and the alterations to the main church building. The Youth Carnp Fund relates to the annual Youth camp that is hèld In Stsfford in JLIIY. MeT)'s Events Fund relates to the provision of men's breakfast$. tnen's day events etc. Word Online is the creation of a website with Christian teaching available orn line. All funds have been transferred to Hulbert Enterprises Limited, a charity solely destined to manage Word online. The Church Carnp Fund relates lo the annual Church Camp Devoted" that will nèxt be held in the sumrner of 2025. The Fellowship Fund is for members of the church who have fallen on hard times. The lrnpact Fund relates to a yOLJth group which operates a tuck sh()p. Ladies. Evenrs Fund relates to the provision of ladies. breakfasts. ladies. day events etc. The Y88r project is to give work experien for those on a gap year. Stay and Play Is a group that meets at the church once a week giving parents the opportunily to meet and chat.
BARNABAS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 17 Dèsignated funds The income funds of the Charity include the following dèsignated funds which have been set aside out of unrestricted fvnds by the trustees for specific purposes.. Movement in funds 8alan¢e at 1 Aprll 2024 Incoming iesoitfces ResoUe$ Balance at expended 31 March 2025 Centre Improvements Fire Doors 13.250 322 12,928 5,190 5,190 Worship 1,361 1.757 18,044 1,683 16.361 18 Related party transactions Rtmuneration of kèy managemtnt personnel The remuneration & expenses of 811 the directors and trustees is disclosed in ntste 8 No related parties reoived any remuneration and expenses from the charity in 2025 or 2024. -2n_