Company registration number.. 08227302 Chadry registraiion nurnber.. 1150014 THE KING'S CHURCH, STOWMARKET TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
The Klng'$ Church, Stowmarket Contents P•9• Trustee$, Report Independent Examlner'5 Report Statement of Finantial Actlvltles Ilndudlng Income and Expendlture Account) Comparat+ve Statement of Finaneibl Artlvltles (Includlng Income and Expendlture Account) Balance Sheet Netts to the Flnancial Statement5 9-13 The following pa9es do not forrn pjrt ol the $taiutory accounts.. Det8lled Statement of Flnanclal Artlvltles Ilncludlng Incomè and expendlture Accounti 14
The Klng's Church. Stowmarket Company No. 08227302 Trustees. Report For The Year Ended 31 December 2025 The trustees present thelr report and the fSnancial sraremenrs for the year ended 31 December 2025. ObJectlv•• Actlvltl• Alma and Obiectl¥e• Introduction.. The trustees present thelr report and financial Statements for the year ended 31 December 2025. The accounts have been prepared In accordance wlth the accounting policies set out in note I to the 8ccounts and comply with the King's Church constltutlon, thè Compjnies Act 2006 and the Char5tles SORP IFRS 1021 second edition. eackground.. Klng's Church Stowmarket Is a communlty af Chrlstlan believers from Stowrnarker and the surroundlng area. The church Is part of a family of churches cJlled Relati¢nal Mission, which In turn Is part of the Newfrontlers movernent of churches. Newfrontlers Is J v40rldwide network of about 1500 churches In Qver 60 natlons. The chartty's objects I'The oblects'l are for the public benefit and are re5trtcted to the followlng.. lal To advance the Chrlstlan faith In accordance wlth the beliefs In the schedule hereto attached in such parts of Stowmarket, the United Kirwdom or the worfd as the tnjstees may frorn time to time think fit and to fu11 such other purp05e5 whlch are excluslvely eharltable actording to the law of England •nd Wales and )re connetted with th• charltable work of the charityi Ibl To relleve persons who are In condltlons ol need, Tinoncial hardshlp or slckness Jnd who may be aged and to relleve the dlstress caused thereby In the sald lecatlor and in such other parts of the Unlte¢ Klngdom or the world ès thé trustees rnèy from tlme to time thlnk flt., Icl To provlde or assist in the provlslon of facilities In the Interests of soci41 véelfare for creatIOn or other le5sur tlrne occupatlon of indivléual$ who have need of such facSlltles by reason of thelr youth, a9, Inflrrnlty or d15abllltyi flnanclal hard$h5p or 50clal clrcurnstances wlth the obleci of Improvlng thelr eon¢Jltlons of Ilfe. Publlc B•n•flt The trustees conflrrn that they have complled wlth the requlremtnts of Sedon 17 of tnt Charltles Act 2011 to have due regard to the Charfty Commlsslon's guidance on publlc beneflt. Achl•v•m•ntB •nd P¢rform•n Maln A¢hl•¥•m•rt• The church met regularfy at'The 8arn' on Sunday morThlngs during the year, wlth a re of member and regular visitors veraglng around 60. Our preaching series Included the Covenants and the Parables ol Jesus. Mtsst months we had 8 shared lunch after the sÈNlce on the thlrd Sunday of the monrh. We ran re9ular actlvities for children and teenagers In parallel 0r SeN15 and as in previous years, durin9 the Summer we took some of our youngsters to the Newday 2025 Festival. Our Life Groups mer regularly In church members, homes dJrlng the week. The ladies, prayer Meen9 took place most weeks and the men's breakfasts and socla15 and the ladle5' breakfast5 and 50clal evenlngs happened throughout the year. We ran four communlty Outreach events during the year 8t Easter, Surnmer, Hallowe'en and Chrlstmas. These Included Surnmer 88Q and bye were thrilled that several famllies from the nearby houslng development came alang to thls event. We also continued to partner with other local churches in running the Relgnite wor5hlp evenlngs during the year and Camiv81 Ptyise Jt the Stowmarket Carnival. Further afield, vle maintained our support for one ot our senlor church members in his role of stngtheninG and encoura4ing churche5 in the LIK and on mainland Europe. We also continued our financial and prayer support for the mlsslonary organlsatlon Ernpart. Thls support was strengthened by one of our elders loinlng the board of trustees of Ernparr UK, Finally, a slgnificant mllestone In the life of our church was the appolntment of a church adrnlnlstrator IrTr September 2025. Thls appointment has enabled our leadershlp to focu5 more of thelr time and energy on leadln9 and developing the church. Page I
The King's Church, Stowmarket Trustees, Report (Continued) For The Year Ended 31 December 2025 FIMn¢lal Rovlgw Fln•nci*l Pogltlon The expenditure for the year on unrestritted funds was £59k, svhlch is analysed on the detailèd statement of nnantia attivities to the accounts. Income for the year was also £59k, and Is analysed in more detail at note 3 and 4 to the accounts. Unrestrlctrd reserves at the year-end were £98k. The church also maintained a hardship fund (the.$ttte funds"). Thls fund had a year-end balance of £200. Pollcy The serVeS pollcy as at the date of this report is that unrestritted funds should be malntai¢)ed at o level equlvalent to betwéen three and slx months expenttltu. Thi5 level of resetves a$ cornfortably rnalntained lft 2025. $tru¢tur•, Gov•rnanu •nd M•na9•m•nt Gov•rnSnq Docum•rt As a legal entityi Klng's Church is constituted as a charltable company Iirnlted tsy guarantee, and run by a boaré of trustees who oversee the thurch s legal and flnanclal re5ponslbllltles. The trustees, who are alsts the dlrettors for the purpose of tornpany law, and who served durlng the year and up to the date of 51gnature of the flnanelol statements were.. Mr N Carlton-smlth Mr A Greer Ichalrl Mr 8 Hlltan Mr E Margln R•fer•n¢• and Adm5nSrtr•tl¥• D•t•ll• Tru•t• Mr Nlc Cartton Smlth Mr Bryan Mllton Mr Edward Haryln Mr Ali5tair Greer- Chalr ¢harlty Numb•r 1150014 Comp•ny Numb•r 06227302 Prln¢lpal Addr The Bam. Whlte Cottage Farm Combs Lane Stowmarket Suffolk IP14 6JY R•glgl•r•d Offl¢• Gascoyne OuSe Moseleys Farrn Buslness Centre Bury St Edmunds Suffolk IP28 6JY Page 2
The Klng's Church, Stowmarket Trustees, Report (continued) For The Year Ended 31 December 2025 Independ•nt Ex•mln•r Géscoynes Gascoyne House Moseleys Farn) Buslne55 Centre Bury St Edmunds Suffolk IP26 63Y B¥nk•r• CAF Bank 25 Kin95 Hlll Avenue West Malllnq Kent Me19 4TA Page 3
The Klng's Church, Stowmarket Trustees. Report (continued) For The Year Ended 31 December 2025 st•t•m•nt of Trt5, R•5ponslblJltles The tru$tee9 Iwho a also the d+rectors of The Klng's Church, Stovlmarket for the purposes OF company lawl are responsible for preparing the Trustees. Report and the financl31 statements in acctsrdance with applicable law and Unlted Klngdorn Attountlng Standards Iunlta Klngdom Generally Accepted Accountlng PraLticel. Company law requires the trUSe$ ro prepare financial 5taternents for each flnanclal year. Under company law the tnjstees must not approve the financial statement unles5 they are satisfied that they 9lve a true and falr vlew of the state of affalrs of the charltable company and of the ifitoming resources and application of resources, including the income ané expertdltu. ot the charitable company for that period. In preparing the financial 5toternents the trustees are requlred to.. select sultable accountlng pollcles and then apply them conslstently,. observe the methods and prlnclples In the Char4ty SORP, make Judgrnents and accounting estimates that are reasonable and prudent,. and prepare the flnanclal statements on the going concern basis unless It15 Inapproprfate to pre5urne that the company wlll contlnue In bu$5ne$9. The trustees are responsible for keeping adequate accountlng records which (Jlsclose with reèsonable accuracy at anytlme the nanclal p051tion of the charltable company and to enable them to ensure that the accounts comply with the Cornpanie5 Act 2006. They are also responsible for safeouarding the assets of the company and hence for taklng reasonable steps f¢r the prevention and éetection of fraud &nd other irregularities. The trustee$ are sponSIble for the malntenance ond inteority of the ctrrporate and nnanclal informatlon Snduded on the charltoble company's website. Legislation in the Unlted Kingdom governln9 the preparation and dlssemlnation of financial statements may dlffer from leglslation In other jurisdictions. Small Company Rul•s This report ha5 been prepared In accordance with the 5Pètlal provlslons latIng to tompanlès subject to thè srnall companles re9lrne wlth5n Port 15 of the Companles Act 2006. The trustees. report was approved by the bojrd gf trustees and sSgned on Its behalf by: Mr A115talr Greer Trustee Date.. 21 May 2026 Page 4
The King's Church, Stowmarket Independent Examlner'$ Report to the Trustees of The King's Church, Stowmarket For The Year Ended 31 December 2025 Z report to the chartty trustees on rny examlnation of the accounts of the Company for the year enijed 31 December 2025. R•spon%lbl1ltl and 8•$15 of R•port As the charlty trustee5 of the Company land also its directors for the purposes of company lawl, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 2006 1"the 2006 Actl. Having satisne¢J myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and a eliglble for Independent examlnJtion, I report In respect of my examination of your charity's accounts as carrled Ot under section 145 of the Charitie5 Act 2DI I I'the 2011 Act'l- In carrying Out My exarninatlon I have followed the Direttions given by the Charlty Commlsslon under sectlr)n 145151 Ibl of the 2011 Art. Ind•p•nd•nt Ex•mln•r'* Statsmant I have completed my examinatlon. I conflrm that no matters have come to my attention in connectlon wlth the examlnation glvlng me cause to belleve: l. accounting records were not kept In respecr of the Company as required by sectlon 386 of the 2006 Act,. or 2. tht 8c¢ounts do not accord wlth those record5,' or 3. the accounts do not comply wlth the accountlng requlrements of section 396 of the 2006 Act other than any requlrement that the accounts give a 'true and fair view, which is not a matter consllered as part of an independent examlnation., or 4. the accounts have not been prepareé In accordance with the method$ Ind pr4n¢lple$ of the Statement of Recommended Prèctice for accounting Jnd reporting by chaHtles appllcable to Charitles prepdrlng their accounts In accordance wlth the Flnancial Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021, I have no concerns and have corne across no other matters in connection with the exorninatlon to whlch attenrion should be drawn In thls report in order to en8ble a proper understandlng of rhe accounts to be reacheo. Goscoynes Date Gascoyne House Moseleys Farm Business Centre Bury 5t Edmunds Suffolk IP28 6JY Page S
The Klng's Church. Stowmarket ststement of Flnancial Activities (including Income and Expendlture Account) For The Year Ended 31 December 2025 2025 2024 Unrestricted Restricte furtd$ funds Totsl lund5 Total funds Notss INCOME FROM: Donatlons 57,063 1,520 1.000 58.063 1,520 50,981 2,038 Investments 58,583 1,000 59,583 53.019 EXPENDITURE ON: Charitable activities 159,2931 11,0001 160,2931 148,1611 NET (EXPENDmlRe)/lNCOME 17101 1710) 4,858 Transfers between fun45 2,116 12,1161 NET MOVEMENT IN FUNDS 1,406 {2,l161 17101 4,858 RECONCILIATION OF FUNDS: Total funds brought forward 96,504 2,316 98,820 93,962 TOTAL FUNDS CARRIED FORWARD 97,910 200 98,110 98,820 Tre notes on pages 9 to 13 form part of these financial staternents. Page 6
The Klng's Church. Stowmarket Comparatlve Statement of Flnanclal Activities (including Income and Expenditure Account) For The Year Ended 31 December 2025 2024 Unr•strlct•d R•¥trlct•d fuThds funds rotal fund• Not•• INCOME FROM: Donations Investments 50,961 2,038 5D,981 2,038 S3,019 53,019 EXPENDITURE OM.. Charltable actlvltles 148,1611 148,1611 NET INCOME 4,858 4,858 NET MOVEMENT IN PUNDS RICONCILIATION OF FUNDS: 4,858 4,8S8 Total funds brought forvlard 91,646 2,316 93,962 TOTAL FVNDS CARRIED PORWARD 96,504 2,316 98,820 The notes on pages 9 to 13 form part ol these flnonclal Statements. Page ?
The Klng's Church, Stowmarket Balance Sheet As At 31 December 2025 2025 2024 Unraatrlcted Rostrlctod funds funds Total lundB Tot•1 fundi Note* FIXED ASSETS Tongible Assets 225 225 337 225 225 337 CURRENT ASSETS Debtors 10.78S 88,IlJ 10.785 88,311 19,018 80,847 Cash at bank and In hand 200 98,896 200 99,096 99,865 Cr•dltorJ: Amounts F•lllA9 Du• Wlthln On• Y••r 11,2111 11.211} (1,382} NtT CURRENT ASSE7S (LIABILITIES) 97,685 200 97,885 98,483 TOTAL ASSEfs LESS CURRENT LIABILZTIES 97,910 200 98,110 98,820 PIET ASSETS 97.910 200 98,ILO 98,820 FUNDS OF THE CHARITY Restrlcted Funds 200 2,316 96.504 unreStCted Fund$ 97,910 TOTAL FUNDS 98.110 98.820 For the year endlng 31 December 2025 the charitable tompany was entitled to exemptlon from audlt under sectyon 477 of the Companles Art 2006 relating to 5rna11 ei)mpanies. The members have not requ10 the cornpjny to obtain an audit in accgrdance wlth sectlon 476 of the Companles Art 2006. The trustees acknowledge theSr respoThslbllltles for complying with the requlrements of the Act wlth respect to accountlng reeL)rds ant# the preparation of accounts. These accounrs have been prepared in acc¢rdance vlith the provi5ion5 applicable to companles sublett to the small companles reqlme. On behalf of the board Mr Allstalr Greer Trustee Date 21 May 2026 The notes on page5 9 to 13 form part ol these financial statements. Page 8
The King's Church, Stowmarket Notes to the Flnancial Statements For The Year Ended 31 December 2025 l. General Inlormatlon The Kin9's Church, Stowmarket is a Company Ilmited by guarantee, Incorporated in England & Wales, registered number 08227302 and registered charlty number 1150014. The gIStered offlce Is Gascoyne House. Moseleys Farm Buslness Centre, Bury St Edmunds, Suffolk. IP28 6JY. 2. Accountlng Pollcl•o 2.1. 8aslJ ot Pr•paratlon of Flnonclal Ststem•nts The financlal statements have been prepared In accordance with the Charltie5 SORP IFRS 1021 'A¢countlng and Reportlng by Charltles.. Statement of Recommended Prattice appllcable to charities preparing thelr accounts in accordance with the Financial Aeporting Standard applicable In the UK and Republic of Ireland IFRS 1021 leffeLtlve I January 20191" Fin•n¢ial Reporting Standard 102 "The Financlal Reportlng Standarij applicable in the UK and Reputslic of Jreland and the Cornpanies Act 2006. The charitable company 15 a Public Beneflt Entity as defined by FRS 102. 2.2. Golng Concern Dl*clo•ur• The trustees have not identlfled any rnaterial uncertaintles related to evenrs or condltlons that may cast slgnlflcant doubt about the charitable Company's ability to continue as a going concern. 2.3. Fund Accountlng Unrestricted funds can be used In accordonce with the charltable objectives at the dlxretlon of the trustees. Oeslgnated funds cornpr15e unrestrlcted funds thar have been set aslde by the trustees lor a speclflc purposes t5 determlned by rhe trustees. Restr¢cted funds are to be used for speclfic purposes as lèid down by the donor. Further explanjtlon of rhe njture and purpose of •ach fund 1$ Included In the notes to the flnanclal sratements. 2.4. lftcomlng R•sourc 7h•se are Included In the Statement of Flnanclal Actlvlties ISOFAI when.. the tharity becorne5 entitiea to income., the DSrectors belleve It Is probable they v4111 recelve the Incame,. and rhe monerary value can be measured vlith sufficient reliability with Where Income has related expenditure the Income and related expendlture are reported gross in the SOFA Grants and denatlons are only Included In the SOFA when the charfry has unconditional entitlement to the income. Income from tax reclasm$ are Included In the SOFA In the same financlal perlod 45 the 9ift to whlch they relate. Volunteer help The value ol any voluntary help recelved Is not included in the accounts. 2.5. R•sour¢•s Expended Uablllties are recognised a$ 500n as there Is a legal or constructive obligation commlttlng the charity to pay out resources. Thi5 represents the costs of the preparatlon and examinatyon of the ststutory accounts. Page 9
The King's Church. Stowmarket Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 2.6. Tanglble Flxed Assets and Depreclatlon Tangible fixed assets over £500 are measured at cost less accutnulated depreciation and any accumulated impairment 105ses. Depreclation Is provlded at rates calculated to wrtte off the c05t of the flxed asset5, les5 thelr e511mated residuol value. over their expected useful lives on the following bases.. Fixtures & Flttlngs Cornputer Equiprnent 4 years straight line 4 years straight line 2.7. Cash and Calh Equlvol•nts Cash and cash equivalenrs a basic flnanclal assets and include cash in hand and deposits held at 11 with banks, other short-term hi9hly liquid Investments that mature In no more than three months frorn the date of acquisltlon and aré readily convertlble to a known amount of cash with irtslgnlflcant rlsk of change in value, and bank overdrafts. 2.8. Flnan¢lal Inrtruments The King's Church, Stowrnarket has elected ¢0 apply th¢ provislons of Section 11 'Bèsic Financial Instruments, and Sectlon 12 '0ther Financlèl Instruments Issues, of FRS 102 to all of its flnanclal instruments. 8aslc financlal assets, whlch Include debtors and cash and bonk balances, are carned at transactlon price. Sa51c flnancial Iiabillties, Indudlng credltors and bank loans are carried at transathon prlc•. Flnancial Ilabllltles are dtrecagnised when the contractual obligations explre or are dlscharged or cancelled. 3. Incom• from D¢)n*tlon• 2025 Unr••trl¢¢•d R••trlct•d Tot•1 funds lund• Donatlons an¢ gifts Glft ald 46,898 10,165 1,000 47,898 10,165 57,063 I,oDo 58,063 2024 Unr••trlrt•d R•strlLt•d Totsl lurtd• fund¥ lynd• Donatlons and glfts Gift aid 41,790 9,191 41,790 9.191 50,981 50,981 4. Inv••tm•nt Incom• 2025 2024 Urnrestrithd Unrestrlthd lunds funds Bank Inte$t recelvablé 1,520 2,038 A¥•rage Numb•r of Émployees Average number of full time equivalent employees durlng the year was: I 12024.. NIL) Page 10
The Klng's Church, Stowmarket Notes to the Financial Statements (continued) For The Year Ended 31 December 2025 6. Tn9lble Ats Flxtutes & Flttings Computer Equipment Totsl Cost As at l January 2025 I,Iso 1,468 2,618 As at 31 Decernber 2025 I,Iso 1,468 2,618 pr•cl•tlon As at l January 202S Provlded durlng the perlod 1,150 1,131 112 2.281 112 As at 31 December 2025 1,150 1,243 2,393 N•t Book Value As at 31 DecembÈr 2025 225 225 As èt l January 2025 337 337 Debtorn 202S 2024 Du• wlthlfi on¢ y¢•r Other debtors 10,785 19,018 8. Cr•dltor•,' Amount• Palllng Du• Wlthln On• Y••r 2025 2024 Accruals and deferred Income 1,211 1,382 9. Nov•m•nt In Fund• 14Jati J4nu•ry 2025 t31 D•¢•mb•r 2025 Incom• xp•ndltur• Tr•nsf•r Unrutrl£t•d lundi General.. General unrestritted fund 96,504 58,583 159,2931 2,116 97,910 Re•trlrted funds General Resrricted Fund 2,316 1,000 (1.0001 12.1161 200 Tot•1 tunds 98,820 59.583 160,2931 98,LlO AsJtl January 2024 As•t31 D•tember 2024 Ineom• Exp•ndltur• Vnr¢strlcted funds General.. General nrestrItteO fund 91,646 53,019 148,1611 96,504 ..CONTINUED Page 11
The King'5 Church, Stowmarket Notes to the Financial Statements (contlnued) For The Year Ended 31 December 2025 Restrlcted fund* General Restritted Fund 2,316 2,316 Totsl lunds 93,962 53.019 148,1611 98,820 10. R•lat•d Party Dl#cloxur•• Tro trustee dlrectrors received reimbursements totalling £2,025.05 for purchases made on behalf af the church12024 . £1,103.46). These were in respett of subscr5ptions for several on-llne services used by the church and other sundry church expenses. A farnily member of one of the trustee directors recelved re1mbUernents rotallln9 £396.5212024 - É283.901 In respect of sundry church expenses durlng this financlal pe. No other payments were made to dlrettors or any person connrted wlth them durtng the financlal perlod. No material trnnsactlon took place between the organlsatlon and a trustee OT any person connecteo with them. 11. Company Ilmlt•d by 9uarant•• The company is Iimittd by guarantee and has no share capltal. Every member of the company undertakes to contrlbute eo the assets OF the companyi In the event ol a wlndlng Upi such an amount ès may be requlred nor exceedlng £1. Pège 12
The King's Church, Stowmarket Notes to the Financlal Statements {continued) For The Year Ended 31 December 2025 12. R¢5erve Pollcy The dItter5 have considered the level of reserve5 they wish to retaln, appropriate to the charity's needs. Thjs is based on the charity's size and the level of financial commitments held. The dirertors aim to ensure the charity will be able to continue to fvlfil its charitable objettives even if there is a temporary shortfèll in income or unexpected expendlture. The dlrettors will endeavour not to set aside funds unnecessarily. Page 13
The Klng's Church, Stowmarket Detalled Statement of Flnancial Activities {including Income and Expenditure Account) For The Year Ended 31 December 2025 2025 2024 Total fund$ Total lund* INCOME FROM: Don•tSons Donarions fram individuals Glft ald 47,898 10,16S 41,790 9.191 58,063 50,981 Inv•¥tm•nts Bjnk Interest recelvable l.S20 2,038 1,520 2,038 59.583 53.019 EXPENDITURE ON: LeaLSership Costs Church Runnino Costs Outreach Evenis Traininq and Conferences Newdoy Festlval UK & Mainland Europe - Church Support trlardsh5p Glfts - Relatlonal Misslon 113.2281 117,3001 12,7041 19,4701 16,0261 13,4031 11,0001 12,6251 12,4001 113,1451 114.6401 14.2791 14,2031 13,8561 13,1901 12,4001 11,DOOI iiooi 11,3481 Glfts - Empart Glfts . knghthouse Communlty Ukralne Glfts - Other 14021 11,7351 Governanace Costs (accountants, fees) 160,2931 148.1611 160,2931 148.1611 NÉT (EXPENDITURE)IINCOME 17101 4,858 page L4