**==> picture [325 x 181] intentionally omitted <==**
**----- Start of picture text -----**
South Central Gospel Partnership
Report and Accounts
year ended 31 July 2025
**----- End of picture text -----**
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **COMPANY INFORMATION**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **Directors/Trustees**
> **Directors/Trustees** Richard Baxter Philip Butcher Elisabeth Ling Thomas Putt **Company Secretary** Andrew Menary **Director of Training** Andrew Robinson **Governing Document** Memorandum and Articles of Association dated 31 July 2012 **Company Registration Number** 8163369 **Charity Registration Number** 1149625 **Principal Address** 2 Roger Bacon Lane Oxford OX1 1QE **Registered Office** 2 Roger Bacon Lane Oxford OX1 1QE
## **Independent Examiner**
Hannah Clack Stewardship 1 Lamb's Passage London EC1Y 8AB
## **Bankers**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
|**Contents**|**Page**|
|---|---|
|Company Information Trustees'|1|
|Annual Report Independent|2-5|
|Examiner's Report Statement of|6|
|Financial Activities Balance|7|
|Sheet|8|
|Notes to the Accounts|9-12|
Page 1
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **TRUSTEES' ANNUAL REPORT**
## **(INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 JULY 2025**
The trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
Our Vision Statement:
The South Central Gospel Partnership is a group of evangelical churches in the south central region of England working together to promote the gospel of Christ. This includes strengthening and planting churches and training leaders.
Our purpose as set out in the objects contained within the company’s memorandum of association is, "To advance the Christian faith for the benefit of the public, and in accordance with our doctrinal basis, predominately but not exclusively within the loosely defined area of the South Central region of England. This includes:
- Strengthening and planting churches,
- Training and supporting existing and potential leaders,
- All other things that might promote the gospel of Christ."
Our current primary means of achieving this purpose is through running bible training courses and conferences that enable people to better understand, apply and teach the bible. These courses and conferences are open to all who wish to attend and are promoted widely across churches in the South Central region.
Provision of our conferences and training relies heavily upon the sacrificial contribution of volunteers to teach and lead, for which we remain hugely grateful. It also depends upon the enthusiastic participation of all those attending.
The trustees have reviewed all their activities for the past year and those planned. They consider, in regard to the guidance issued by the Charity Commission, that they continue to offer public benefit, both through their wide availability and the impact on society of those attending our training through their growth in Christian maturity and being able to pass on biblical truth.
During the past year the charity has not made any grants, but such may be considered by the trustees in the future provided they are in furtherance of our objectives.
## **Summary of the charity's main activities and achievements**
To further the above objects and vision, the charity's main activities and achievements were as follows:
Training continues to be at the heart of the ministry of South Central Gospel Partnership as it seeks to equip people to serve within churches across the region and beyond.
As in previous years central to the delivery of training has been the weekly Ministry Training Course (MTC) which meets weekly on a Tuesday during term time. Numbers have increased slightly and continue to reflect a recent growth in diversity. One of the highlights of the course is the generational mix, represented by a number of younger interns working in churches and those who have retired but are using their retirement to serve within churches. There have been three central aims to the course. Firstly, a significant amount of time is given to training people how to teach the Bible in different forms, such as preaching and leading interactive Bible Studies. The interactive workshop groups are a vital component in this. Secondly, there are attempts to equip people for ministry more widely. This year saw the introduction of a three part series on pastoral care within the church. Finally, though, there is an awareness that many arrive at the course in the midst of busy responsibilities in their churches and so there are real benefits if the course provides some degree of spiritual refreshment. This happens mainly through the opening expositions at the start of the day and the opportunity for mutual prayer and support within workshop groups. It has been encouraging to hear some of those attending regarding the Tuesday as a form of oasis in the midst of a busy week.
Page 2
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 JULY 2025**
The new initiative of the last year, though, has been the Saturday Ministry Training Course. This has sought to open up the benefits of the Tuesday course to those who have work responsibilities during the week. It meets monthly on a Saturday morning with the core components of the Tuesday course (Bible Overview, Bible Handling, one key doctrine per year and optional workshop groups) delivered in person with access provided to the other sessions from the Tuesday course. The initial year had 31 attending, including some from churches that have not previously used MTC, with more signed up for 2025-26. It has been encouraging to see those with responsibility in their church (such as elders, youth leaders, small group leaders) having access to training.
There is evidence of the benefit of this work with many MTC alumni serving in churches across the country and, indeed, the world. The Training Director has continued to preach and provide training sessions in churches across the region as a way of increasing a sense of partnership and expanding knowledge of the course.
Whilst training is the main work on the partnership, there have been opportunities to co-operate in other areas. Youth workers within the Partnership have started meeting together with a plan for a joint event for young people in 2026. There have also been two events aimed at church leaders- a joint gathering to discuss raising up the next generation of church leaders and a conference considering the implication of the book of Revelation for today. An encouraging 77 attended our first Teaching Day for Women (as the regular South Central Women's Day is biennial) in March, "Teaching Old Testament Prophecy".
We continue to be thankful for the sense of partnership across churches in the region. We have been greatly blessed in the year by our staff, Andy Robinson our Training Director and Kate Randall our Administrator who have been outstanding. We've also been supported by a great many volunteers: teaching and leading at MTC, hosting and speaking at events, being encouragers across our churches. We remain grateful to each for their contribution. Thanks should also be expressed to all who have attended MTC, Saturday MTC, or another of our events - our work is nothing without you, is for your benefit and the glory of God, and many of you have kindly told us how you have been blessed in the moment and in the long term from your attendance.
## **Structure, Governance and Management**
The organisation is a charitable company limited by guarantee, incorporated in England on 31st July 2012 and registered as a charity on 6th November 2012. The company was established under a Memorandum of Association and is governed by its Articles of Association, which together established the objects, powers and governance of the charitable company. These articles have not been amended since incorporation. In the event of the company being wound up members are required to contribute an amount not exceeding £10 each.
Membership of the charitable company is open to individuals and organisations who apply, signify their assent to the doctrinal basis (as established with the governing documents), and are approved by the directors. There is only one class of membership.
There were no changes to our Trustees during the year.
On a day to day basis the charitable company normally operates through its Training Director, who is not a trustee. He oversees the training programmes and development of the charity according to the guidance of the trustees and the annual meeting of the members.
The charity is supported in prayer and action by a network of evangelical churches, ministers and individuals, many of whom are members, who hold to our doctrinal basis and wish to work together to promote the gospel of Christ.
Page 3
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **Financial review**
As hoped for in last year's report, the numbers attending MTC recovered slightly in 2024/25, and along with a further 31 attending the new Saturday MTC, resulted in a marked improvement in our financial performance. A small surplus of £729 was achieved on the general fund (2024 deficit £12,309). The combined MTC & Saturday MTC income rose to £31,703 (2024 £23,556). We have been particularly grateful and blessed by the giving of individuals, charities and trusts which saw our Donations Received rise to £15,030 (2024 £7,050), without which the Partnership would be running at a significant deficit. Excluding the conferences (which achieved a small surplus as planned in '25), expenditure rose by 6% to £46,198 ( 2024 £43,560), broadly in line with annual salary increases, with staffing maintained at previous levels.
During the year we were able to offer bursaries to nine students at MTC and Saturday MTC, enabling those with limited financial resources to benefit from the training offered. For this year, mindful of the small surplus and wishing not to deplete the Designated Fund, the Trustees have decided to fund the bursaries from within the General Fund (effectively income forgone to a value of £2,890), leaving the balance on the Designated Fund at £10,000 for a further year. We will continue to encourage students to take advantage of this fund where it is helpful.
## **Reserves policy**
The Board of Directors have established a policy whereby free reserves (which the directors define as being unrestricted net current assets but excluding any designated funds) held by the charity should be somewhere between £12,000 and £25,000 (i.e. between three to six months of expenditure) so that the charity could continue to operate if income falls short of expectations. At the year end the charity’s free reserves stood at £36,877 (2024 £36,148). The Directors consider this a prudent level of reserves to maintain for the time-being.
## **Key risks and uncertainties**
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
## **Plans for the future**
Our main service will continue to be the weekly Ministry Training Course (MTC), and continuing the new Saturday MTC. We have seen some recovery in the numbers of ministry trainees recruited by member churches and attending MTC. We hope and pray that continues, for the blessing of the churches and the individual trainees, as well as increasing the income of SCGP towards less reliance on gifts. We hope to continue to broaden the recruiting base of churches that encourage attendance and also the demographic mix of those attending. The Trustees are considering recruiting a part-time development administrator, whose role will include promoting the MTCs as well as the wider impact of the Partnership. The Trustees are also considering how we might support and encourage youth ministry across our member churches.
It is expected that we will need to continue to rely on generous donations, from churches, individuals and others, to balance our books. We remain hugely grateful for their support, encouragement and prayers.
Page 4
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **TRUSTEES' ANNUAL REPORT (INCORPORATING DIRECTORS' REPORT)**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **Responsibilities of trustees under company law**
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
## Tom Putt
Tom Putt (Apr 1, 2026 19:59:01 GMT+1)
## **Thomas Putt**
> Date: Apr 1, 2026
Page 5
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **SOUTH CENTRAL GOSPEL PARTNERSHIP ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024 on pages 7 to 12 following, which have been prepared on the basis of the accounting policies set out on page 9.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across 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 to be reached.
## Hannah Clack
Hannah Clack (Apr 2, 2026 11:22:25 GMT+1)
Date: Apr 2, 2026
Hannah Clack
Stewardship 1 Lamb's Passage London EC1Y 8AB
Page 6
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 JULY 2025**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
3
Charitable activities
4
Bank Interest Income
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities
5
Other
**Total expenditure**
**Net income/(expenditure)**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|General
Designated
£
£
15,030
-
32,594
-
111
-
47,735
-
47,006
-
-
-
47,006
-
729
-
-
-
729
-
36,148
10,000
36,876
10,000
Unrestricted Funds|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-|Total
Funds
2025
£
15,030
32,594
111
47,735
47,006
-
47,006
729
-
729
46,148
46,876|Total
Funds
2024
£
7,050
27,786
123
34,959
47,268
-
47,268
(12,309)
-
(12,309)
58,457
46,148|
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All of the charity’s income and expenditure in 2025 and 2024 was unrestricted and there are no brought forward, or carried forward, restricted fund balances.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on pages 9-12 form part of these accounts.
Page 7
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **BALANCE SHEET**
## **AS AT 31 JULY 2025**
|Note
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors & income accruals
7
Cash at bank and in hand
8
**CREDITORS: Amounts falling**
**due within one year**
9
**Net current assets / (liabilities)**
**Total assets less current liabilities**
**TOTAL NET ASSETS**
**FUND BALANCES**
Unrestricted Funds
General funds
Designated funds
11
Restricted Funds|Unrestricted
Funds
£
-
-
21
49,898
49,919
(3,042)
46,877
46,877
46,877
36,877
10,000
46,877
-
46,877|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Total
Funds
2025
£
-
-
21
49,898
49,919
(3,042)
46,877
46,877
46,877
36,877
10,000
46,877
-
46,877|Total
Funds
2024
£
-
-
22
49,632
49,654
(3,506)
46,148
46,148
46,148
36,148
10,000
46,148
-
46,148|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:
- (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors on 1.4.2026 and were signed on its behalf by:
Tom Putt Tom Putt (Apr 1, 2026 19:59:01 GMT+1) **Thomas Putt** Apr 1, 2026
Company number: 8163369
Charity number: 1149625
The notes on page 9-12 form part of these accounts.
Page 8
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **1 Statutory Information**
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
## **2 Accounting Policies**
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The principles adopted in the preparation of the financial statements are set out below.
## a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
- b) Income
- Income including any investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
## c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The cost of raising funds is not significant and has not been separately disclosed.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
## d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes and a designated bursary fund was established in 2023 from the receipt of a legacy. There are no other designated funds nor any restricted funds (being donations that must be used in accordance with specific restrictions imposed by donors; this includes donations received from appeals for specific activities or projects).
- e) Tangible fixed assets
- Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To date no expenditure has been incurred that needs to be capitalised.
- f) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
## g) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
- h) Critical accounting estimates and areas of judgement
The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
Page 9
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **3 Donations**
|Donations of cash and similar
Gift aid recoverable
**4**
**Income from charitable activities**
Ministry Training Course
Conferences
Other Charitable Activities
**5**
**Charitable expenditure**
**a**
**Costs incurred directly on specific activities**
Ministry Training Course
Conferences
Training Director
**b**
**Costs incurred on support & administration**
Governance costs
Independent examiner's fee
Other
Administrative Support
**Total expenditure**|General
Designated
£
£
15,030
-
-
-
15,030
-
Unrestricted Funds|Total
2025
£
15,030
-
15,030
2025
£
31,703
892
-
32,594
2025
£
1,866
808
35,213
37,887
1,032
-
1,032
8,086
9,118
47,006|Total
2024
£
7,050
-
7,050
2024
£
23,556
4,230
-
27,786
2024
£
1,524
3,708
33,220
38,453
980
-
980
7,836
8,816
47,268|
|---|---|---|---|
## **6 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses**
The charity’s key management comprise the trustees and the Director of Training. The cost to the charity in 2025 for employing the Director of Training was £35,213 (including pension contribution) (2024 £33,220). In addition, we directly employ a part-time administrator at a cost of £4,786 (2024 £4,515). No employment benefits were paid to the trustees, nor to any person closely connected to them, in either the current or preceding year. Except for the reimbursement of expenses incurred when acting as agent for the charity, no expenses were paid to (or for) the trustees.
Many of the charity’s activities are undertaken by volunteers however, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be measured reliably.
Page 10
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **7 Debtors**
|**Falling due within one year:**
Other debtors
Prepayments and accrued income
**Total debtors**
**at Bank and in Hand**
Cash at bank with immediate access
**itors: liabilities falling due within one year**
St Ebbe's PCC - Accruals
Other Accruals|2025
£
21
-
21
2025
£
49,898
49,898
2025
£
1,467
1,575
3,042|2024
£
22
-
22
2024
£
49,632
49,632
2024
£
2,030
1,476
3,506|
|---|---|---|
## **8 Cash at Bank and in Hand**
## **9 Creditors: liabilities falling due within one year**
## **10 Pension commitments**
During the year employer’s pension contributions totalling £3,201 (2024: £3,020) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2024: £nil).
## **11 Funds**
## **Analysis of net assets by fund**
The assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors & Accruals
Cash at bank and in hand
Creditors falling due within one year||General
Designated
funds
funds
£
£
-
-
21
-
39,898
10,000
(3,042)
-
36,877
10,000
Unrestricted Funds|Restricted
funds
£
-
-
-
-
-|2025
£
-
21
49,898
(3,042)
46,877|
|---|---|---|---|---|
|||General
funds
£
-
21
39,898
(3,042)
36,877|||
In the previous year, the assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year||General
Designated
funds
funds
£
£
-
-
22
-
39,632
10,000
(3,506)
-
36,148
10,000
Unrestricted Funds|Restricted
funds
£
-
-
-
-
-|2024
£
-
22
49,632
(3,506)
46,148|
|---|---|---|---|---|
|||General
funds
£
-
22
39,632
(3,506)
36,148|||
The trustees have determined that for the time-being the Designated Fund is to be used to contribute bursaries to the MTC course fees for individuals who would not otherwise be able to attend. This designation will be kept under review and may be altered by the trustees. In the year to July 2025, 9 individuals were granted bursaries to a value of £2,890 (2024 Nil) but the Trustees have determined for this year to bear this within the General Fund rather than transfer from the Designated Fund.
Page 11
## **SOUTH CENTRAL GOSPEL PARTNERSHIP**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **12 Events since the year end** None
## **13 Members**
Each member of the company commits to contribute if the charity is wound up an amount of £10.
Page 12