Company reglstratlon number.. 08438643 Charity re9istratlon number.. 1152477 KING'S CHURCH MEDWAY TRusfEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
King's Church Medway Contents Pag• Trustees, Report 1-4 Independent Examlner's Report ststement of Flnanclal Activities (including Income and Expenditure Account) Comparative Statement of F(nandal Actlvities {including Income and Expendlture Account) Statement of Financial Position Notes to the Flnancial Statements 9-13 The following pages do not form part of the statutory accounts.. Detsiled Statement of Financial ActivStles (Including Income and Expendlture Account) 14-15
Klng's Church Medway Company No. 08438643 Trustees. Report For The Year Ended 31 March 2025 The trustees present thelr report and the flnanclal statements for the year ended 31 March 2025. ObJe¢tlves and Actlvltles Alms and Objectlves The main artivities of the charlty were, but not limited to: The advancement of the Chrlstlan falth by the proclamation and furtherance of the gospel of God. The promotlon of the worshlp of God by any means whatsoever, Includlng the preaching and proclamation of the Christian gospel, the teaching of the Christian doctrSne and principle5, and the printlngl productlon and dlstrlbuUon of Christian literature, medla products and other resources. The relief of persons in condltlons of financial need, or of those persons who are infim for reasons.of old age or slckness. The advancement of educatlon on the basis of Christian principles, Includlng the provision of educational establlshments, matertals and bursaries for the general educatlon of children or adults. We continue to pursue our objectives through the èctivities of the departments already stated. The Trustees confirm that, to the best of their ability, they have consistently complied with thelr duty to have due regard to the guidance on publlc benefit published by the Charity Commission in exerclslng their powers or duties. Achievements and Performance Maln Athievements The total Income for the year were £773,700 (2024: £770,784}. Total resources expended were £ 694,319 {(2024: £791,225}, leaving a surplus of £79,382 {2024: £20.441} before transfer. Flnanclal Review Reserves Pollcy The trustees have reviewed the reserves of the charlty, in line with existlng pollcyi and deem that no changes are required. Golng Concern The trustees have reviewed the charity's forecasts and, considered the current economic position and It's impart on the charity's ability to remaln operational, and the trustees ère confident the charity will have sufflclent resources to contlnue for the foreseeable future. The charity therefore contlnues to adopt the golng-conorn basis in preparing its financial ststements. Prlnclpal Fundlng Sources Principal fundlng of the charity Is tlthes and offering5 from Church member5 and attendees, along with glft ald received from HMRC. Strurturei Governance and Management Truste¢ S•lectlon Method$ The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Inductlon and Tralnlng of Trust¢fj$ The poliaes adopte¢J are those of the Charity Commission publications as per the website. Trustees are reminded Periodically to revlew these documents, and new trustees are Issued with access to copies for perusal. Page I
Klng's Church Medway Trustees, Report (continued) For The Year Ended 31 March 2025 Key Management Remunaratlon Pay revlews for all staff are conduced annually by the Twstee board. Oryanlsatlonal Structure Leadershlp The Church is led by a team of elders who appolntments were based on proven integrity and commitment to the work of the Church. The Church is formed of two congregations, one in Chatham and the other in Gillingham. The elders is names as follows. Mr Paul Aklnabadewa, Rev Martln Brogan, Mr Yeml OnbanJo, Rev Christopher Gill, Mr James Sowah and Mr 150ac Oluwole. The Elders provide their services on a voluntary basis with the exception of Rev Martin Brogan and Rev Christopher Gill who are employed full time by King's Church. Genaral Overvlew The Church continues to enjoy good relationships and partnerships with local authority, Kent Police, NHS as well as local schools in tackling social challenges in and around the Medway Towns. Icing's Church Glllingham King's Church Gillingham ha5 contlnued to grow in all areas of ministryi and, numerlcally, we knew that the current three Sunday Services at the Skinner Street were unsustainable. Therefo, from March 2025, we moved our Sunday servlces to St Bamabas Church, Nelson Road. Gllllngham. Thls Is an Anglican church that allows us to rent their buildlngs every week from 1.30 pm to 5.30 pm, and so our Sunday servlce is currently 24 pm, with setup and take-down time on either side. We contlnue to use our Sklnner Street buSldlng daily for meetlngs and to run the 'drop-Ins'. Our current numbers are about 300 in total, Including 55 Chlldren's Church (Prlmary School aged) and 65 teenagers. To accommodate the youth department, we now rent each Sunday Beaulah Christian Fellowshlp in Napier Road, which is a two-mlnute walk from St Barnabas. We now a150 employ our youth pastor, Seun Oyedele, for 12 hours a week to manage pastoral and ministry matters with our young people. Training at a leadership level continue5 to be a priority, and Ps Seun and I are currently enrolled on the AQG 'Minlster in training. programme. Going forward, we are hoping to increase our access to St Barnabas Church and make it more of a pemianent home for us In the future. Caring Hands in the Communlty Our day centre facilitie5 Cater for some 80 individuals per day. Supplying hot meals and drinks alongside a holisitic support package to help secure solutions to the problems our guests face. In partnership with Reset 21 we continue to operate Trauma Informed Care training and consultations. Our accommodation project in Shekinah House continued to operate with 12 street homeless guests being housed at a time whilst an assessment of their individual housing and other needs is made by the local authority and solutions seCUd for move on. We continue to offer a hand out rather than Just a hand out to all those who need. Ll9ht the Wav We had a Mission team travel to Romanla in September 2024 where we worked with the Apostolic Church in Motru. We also contlnue to SUPPOrt the Alpha Cottages in Zimbabwe and Ijamldo Children's Home in Nigerfa where we have been Involved wlth varlous projects and spon50rlng the educatlon of 8 orphaned chlldren since 2018. Sending Indlvldual Christmas presents to each of the children so they may lebrate our Jesus's blrthday with glee. Page 2
King's Church Medway Trustees. Report (continued) For The Year Ended 31 March 2025 Future Plans To continue to peruse our established objectives in the coming year. Future upkeep costs relating to repair and maintenants of the Church building is anticipated. The next significant project will be repair works to the main Chatham bulldlng wlth the roof requiring remedial works. Reference and Administrative Detalls Mr I Vickery - Chair Rev M Brogan Mr B Ogungbangbe Mr T Chapinduka Mr K Rayfield Mr J Sowah Mr S Rlbbens Rev C Glll Charity Number 1152477 Company Number 08438643 Principal Address New Road Avenue Chatham Kent ME4 6BB Independent Examiner Hussein Bhaiji Merit Accountants and Tax Advlsors Ltd Chartered Certified Accountants and Registered Auditors Merit Accountants 16 Upper Woburn Place London WCIH OAF Page 3
Klng's Church Medway Trustees. Report (continued) For The Year Ended 31 March 2025 Statement of Trustees. Rasponslbllltles The trustees {who are also the directors of King's Church Medway for the purposes of company law) a responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prnctice}- Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the. incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to.. select suitable accountlng pollcles antl then apply them consistentlyi observe the methods and principles in the Charity SORP; make Judgments and accounting estimates that are reasonable and prudent. and prepare the flnancial statement5 On the going concern basls unless It Is inapF*ropriate to presume that the company will contlnue In buslness. The trustees are responsible for keeping adequate accountlng records which disclose with reasonable accuracy at anytime the financlal posltlon of the charitable company and to enable them to ensu that the accounts comply wlth the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the pventIon and detectlon of fraud and other irregularltles. The trustees are responsible for the maintenance and integrlty of the corpordte and financial Informatlon Included on the charitable company's website. Legislation in the United Kingdom governing the preparatlon and dissemination of finandal statements may dlffer from legislation in other jurisdictlons. Small Company Rules This report has been prepared in accordance with the special provisions relating to companie5 Subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by: v M Brogan Trustee 3010312026 Page 4
King's Church Medway Independent Examlner's Report to the Trustees of Klng's Church Medway For The Year Ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025, Responsibilities and Basls of Report As the charity trustees of the Company land èlso 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 SpeCt of my examination of your charity's accounts as caThied out under section 145 of the Charities Art 2011 ('the 2011 Art'}- In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515) (b) of the 2011 Act. Independent Examiner's Statement Independent examiner'5 report to the trustees of Kings Church Ministries {'the Company,) l pOrt to the charlty trustees on my examinatlon of the accounts of the Company for the year ended 31 March 2024. Responsiblllties and basis of report: A5 the charity's trustees of the Company (and also its dirertors for the purposes of company law) you are responsible for the preparation of the accounts in accordance wlth the requirements of the Companies Act 2006 ('the 2006 Act,). Havlng satlsfled myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are eligible for Independent examination, I report In respect of my examinatlon of your charity's accounts as carrled out under Section 145 of the Charities Act 2011 ('the 2011 AcV}. In eèrrying out my examlnadon I have followed the Dlrections given by the Charity Commlsslon under Sertion 145(5) (b) of the 2011 Art. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a Ilsted body. I can conffirm that I am quallfled to undertake the examlnation because l am a member of the Association of Chartered Certlfled Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attentlon in connection with the examlnation giving me cause to belleve: l. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Art; 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 Att 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 Stanéard applicable in the UK and Republic otIreland {FRS 102)). E have no concerns and have come across no other matters in connertion with the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. Husseln Bhaljl 3010312026 Merit Accountants and Tax Advisors Ltd Chartered Certified Accountants and Registered Auditors Merlt Accountants 16 Upper Woburn Place London WCIH OAF Page S
King's Church Medway ststement of Flnanclal Activities (including Income and Expendlture Account) For The Year Ended 31 March 2025 2025 2024 Unrestricted Restrirted fund$ funds Total funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacles Charitable activities Other tradlng activities Investments 681.595 681,595 682,247 8,136 80,034 362 91,800 306 91,800 306 773,701 773.701 770.779 EXPENDITURE ON: Ralsing funds Other {701,041) (701,041) (783,853) {7,367} (701,041) (701.041} (791,220) NET INCOME/{EXPENDrruRE) 72,660 72,660 (20,441) NEf MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward a5 previously stated Prior year adjustment Total funds brought for*4ard as restated TOTAL FUNDS CARRIED FORWARD 72,660 72.660 {20,441) 1,134,719 251,719 1,386,438 29,503 1,164,222 1,164,222 251,719 240,000 29,503 1,415,941 1,404,222 1.459,098 29,503 1,488,601 1,383,781 The notes on page5 9 to 13 form part of these financial ststement5. Page 6
King's Church Medway Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2024 Unrestricted Restrlcted funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donatlons and leoacies Charitsble activities Other tradlng artivities Investments 682,247 8,136 80,034 362 682,247 8,136 80,034 362 770,779 770,779 EXPENDITURE ON: Ralslng funds Other {783,853} (7,367) (783,853) {7,367) 1791,220) (791,220) NET EXPENDrnIRE {20,441} (20,441) NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Totsl funds brought forward as prevlously stated Prlor year adjustment Total funds brought forward as reststed {20,441) (20,441) 1,134,719 240,000 1,374,719 29,503 1,164,222 240,000 29,503 1,404,222 TOTAL FUNDS CARRIED FORWARD 1,354,276 29,503 1,383,781 The notes on pages 9 to 13 form part of these financial statements. Page 7
King's Church Medway Statement of Financial Position As At 31 March 2025 2025 2024 Unrestrlcted Restrlcted funds funds Total funds Total funds Notes FIXED ASSETS Tan9ible Assets 13 1,535,614 1,535,614 1.556.505 1.535.614 1.535,614 1.556.505 CURRENT ASSETS Debtors Cash at bank and In hand 14 45,709 254,632 45,709 254,632 60,927 103,078 300,341 300.341 164,005 Creditors: Amounts Falllng Dut Within One Year Is (77,138) 177, 138) (46,004) NEf CURRENT ASSETS (LJABILITIES) 223,203 223,203 118,001 TOTAL ASSETS LESS CURRENT LIABILITIES 1,758,817 1,758.817 1,674,506 Credltors: Amounts Falling Due After More Than One Year 16 {270,216) 1270,216) {290,725} NET ASSETS 1,488,601 1,488,601 1.383,781 FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds 29,503 29,503 1,459,098 1,354,278 TOTAL FUNDS 1,488.601 1,383.781 For the year ending 31 March 2025 the charitable company was entled to exemption from audlt under sertlon 477 of the Companies Act 2006 relating to small companies. The members have not required the charitable company to obtaln an audit in accordance with sertlon 476 of the Companies Act 2006. The trustees acknowledge their responsibS1itles for complylng with the requirements of the Act wlth respect to accounting records and the preparatlon of accounts. These accounts have been prepared in accordance wlth the provisions applicable to companles subject to the small companies ime. On behalf of the board M Brogan Trustee 3010312026 The notes on pages 9 to 13 form part of these financial statements. Page 8
King's Church Medway Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Infi>rmation King's Church Medway is a company Ilmited by guarantee. incorporated in England & Wales, registered number 08438643 and registered charity number 1152477. The registered office is . 2. Accounting Policies 2.1. Basis of Preparation of Flnan¢ial Statements The finanaal ststements of the charitable companyi which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities- Statement of Recommended Prartlce applicable to charities preparing thelr accounts in accordan with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).. Finanual Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 2.2. Fund Accounting Unrestricted funds can be used In accordance with the charftable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrirtion5 arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanatlon of the natu and purpose of each fund Is included in the notes to the financial statements. Pension costs and other post-retirement beneflts The Charitable company operates a defined contributlon pension Scheme. Contributlons payable to the charitable company's pension scheme are charged to the Statement of Financial Activities In the period to which they relate. 2.3. Incomlng Resources All Income is recognised in the Statement of Financial Actlvitles once the charity has entltlement to the fvnds, it Is probable that the income will be received and the amount can be measured rellably. 2.4. Tan9lbl• FIX Assets and D•pr•ciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impaimient losses. Depreciation is provided at rates calculated to write off the eost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases.. Freehold Leasehold Plant & Machinery Motor Vehicles Fixbjres & Fittings Computer Equipment 20kn on c05t 2% on cost 25% on reducing balance 25¥0 on reduang balan 25% on reducing balance 25% on reducing balance 2.5. Cash and C4$h Equivalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with bank5. other short-temi highly liquid investments that rnature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 2.6. Taxatlon The charfty Is exempt from tax as all Its Income is charitable and applled for charitable purposes. 2.7. Pensions The charitable company operates a defined penslon contribution scheme. Contrfbutions are charged to the Statement of Flnancial Artivltles as they become payable In accordance with the rules of the scheme. 3. Income from Donations and Lega¢les Page 9
King's Church Medway Notes to the Flnancial Statements (continued) For The Year Ended 31 March 2025 2025 2024 Unrestricted Unrestricted funds funds Donations and gifts Glft ald Grants 546,100 108,195 27,300 529,767 152,480 681,595 682,247 4. Income from Other Trading Artivities 2025 2024 Unrestrlcted Unrestrl¢ted funds funds Letting and licencing arrangements 91,800 80,034 5. Investment Inme 2025 2024 Unrestrlcted Unrestrlcted funds funds Bank Interest receivable 306 362 6. Net Incomel(Expendlture) The net Income/lexpenditure) is stated after charyingl(crediting): 2025 2024 Depreclatlon of tangible fixed assets - owned GainlLoss on disposal of tangible fixed assets 51,186 46,953 20,712 7. Analysls of Expendlture 2025 Support costs (see note 9) Raising funds 701,041 2024 Support osts (see note 9) Raising funds 783,853 8. Dlrect Costs Page 10
King's Church Medway Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 9. Support Costs 2025 Ralslng funds Employee costs Premises expenses General admlnlstration Depreclation Governance costs 211,062 181,386 248,435 51,186 8,972 701,041 2024 Ralslng funds Employee costs Premises expenses General administration Depreciation Governance costs 187,672 175,863 345,352 67,665 7,301 783,853 10. Independ*nt ExJminer's Remuneration 2025 2024 Independent eXamiatiOn of the financial statements Other assuran¢e services Tax advisory servlces Other financial services 2,500 2,500 2,500 2,500 ii. staff Costs Staff costs were as follows: 2025 2024 Wages and salarles Soclal security costs Other pension costs 182,554 15,557 3,091 160,701 13,828 2,707 201,202 177,236 No employees received employee benefits (excludin9 employer penslon costs) for the reportlng perlod of more than £60.000. 12. Average Number of Employees Average number of employees during the year was: 11 (2024.. 11} Page 11
King's Church Medway Notes to the Financial Statements (contlnued) For The Year Ended 31 March 2025 13. Tangible Assets Land & Property Freehold Plant & Ma¢hlnery Motor Vehlcl Fixtures & Flttlngs As at l April 2024 Addltions Disp05als 1,633,982 2,800 68,751 36,936 7,054 164,993 25,134 (13,218) As at 31 March 2025 1.636.782 55,533 43,990 190.127 Depreclation As at l April 2024 Provided during the period 142,367 21.816 58.106 344 34.614 2,344 125,218 18.609 As at 31 March 2025 164,183 58,450 36,958 143.827 Net Book Value As at 31 March 2025 1.472,599 12,917) 7,032 46,300 As at l April 2024 1.491.615 10,645 2,322 39,775 Computer Equlpment Total Co$t As at l April 2024 Additions Disp05als 50,911 8.525 1,955.573 43,513 (13.218) s at 31 March 2025 59.436 1,985,868 Depreciation As at l April 2024 Provided during the period 38,763 8.073 399,068 51,186 As at 31 March 2025 46,836 450,254 Net Book Value As at 31 March 2025 12,600 1,535,614 As at l Aprll 2024 12,148 1,556,505 14, Debtors 2025 2024 Due wlthln one yaar Other debtors 45,709 60,927 Page 12
King's Church Medway Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 15. Creditors: Amounts Falling Due Within One Year 2025 2024 Bank loans and overdrafts Other credltors Taxation and soclal security Accruals and deferred income 37.537 21,000 16.964 1,637 37,537 8.467 77,138 46,004 16. Creditors: Amounts Falling Due After More Than One Year 2025 2024 Bank loans 270,216 290,725 17. Loans An analysis of the maturity of loans is given below: 2025 2024 Amounts falling due within one year or on demand: Bank loans 37,537 37,537 2025 2024 Amounts falling due between one and five years: Bank loans 270,216 290,725 18. Pension Commltments The charitable company operates a defined contribution penslon scheme. The assets of the scheme are held separately from those of the charitable company in an Independently admlnlstered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £3,091 (2024.. £2.707). At the statement of flnancial position date contributlon5 of £NIL were due to the fund and are Included in creditors. 19. Related Party Dlsclosures There were no related party transactlons for the year ended 31 March 2025. Page 13
King's Church Medway Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacles Tlthes and offerings Donatlons Gift aid 473,574 72,526 108,195 27,300 372,281 157,486 152,480 Grants 681,595 682,247 Other tradlng a¢tivities Rental income reIVed 91,800 80,034 91.800 80,034 Investments Bank interest receivable 306 362 306 362 773,701 770,779 EXPENDITURE ON.. Ralslng fund$ Wages and salaries Employers NT Employers pension Staff training Rent Utilities Premlses malntenan Vehlcle running ¢0sts Communlcation and IT costs Insurance Printing1 Postage and statlonery Advertlslng and marketing costs Subscriptions Bank and finance charges Charitable donatlons Gifts & Emergency Children's Church Youth Club Mlsslon Expense Depreciation Lo55 on disposal of tanglble fixed assets AGM / board meetings expenses Accountancy fees Legal fees (182,554) (15,557) (3,091) (9.860) (12,662) (91,053) {77,671} {16,900} (13,876) {16,037) (16,672) {21,935) (6,747) (26,981) (48,467) (23,595) (8,525) 1844) (47,856) (51.186) (160,701) (13,828) (2,707) (10,436) (14,670) (63,726) {97,467} (7,031) (16, 197) {16,663} {ii,ioo) {26,978) <3,420) (27,989) {177,306) (21,291) (4,117) {955) (32,305) (46,953) {20,712) {1,249} {6.041) (li) (217} (4,867} (3,888) (701,041) (783,853) ..CONTtNUED Page 14
King's Church Medway Detalled Statement of Flnancial Activities (including Income and Expendlture Account) (contlnued) For The Year Ended 31 March 2025 other Cafe Expense (7,367} (7,367) {701,041) (791,220) NET INCOME/(EXPENDITURE) 72,660 (20,441} Page 15
Proflt and Loss King's Church Medway For the year ended 31 March 2025 Branch is King's Church Medway. Account 2025 Turnover ax credit on Grft Aided Income rrthes and offerings Total Turnover 93,656. 306,330.26 399,986.60 Gross Profrt 399 986.60 Administrative Costs Accountancy AdVe$Ing & hharkeling Bank Charges Books. DVD'S Children's Church exp8nsgs Clothing expensgs Depreciation 8xp8nse Donations paid Employers Nl FcJd and drink Groceries & ¢anIng Gross wages Ho$pitality. enlertainrnenl & glts Insuran¢e8 IT Software and Consumables lQlchen expenses Legal & Professlonal fees Light, Power. Heatlng Meeting expensfjs Miscellaneous expen$#s Mission expenses Mcfftgage interest Motor Vehi¢l$ Expens6s Pathng Pension5 Printing. Postage and Stati¢ry Rates Re(¥eational activites Repair5 & Maintenance- property Repairs & tnaintenance- Small equiprnents staff Training Subscriptions and Affiliations Telephone & Intemèi Travel and Accomodation Water Youth Club Total Admlnl$trativ• Costs 4.867.20 21.911.71 468.88 2,261.75 7,278.65 1,344.30 42.121.12 41.645.00 5.379.43 7,543.13 16.178.66 57.172.85 4,419.60 12,826.76 5,695.73 2,528.58 2,988.21 8,444.80 216.80 2.398.52 2,926.39 26,077.30 3,606.60 23.60 1,162.80 10,382.38 13.022.09 3.499.67 22.563.88 407.32 748.52 3,321.56 4,443.84 1.017.89 2.380.80 331.05 343,607.17 Profft 56 379.43 Othor Income Bank interest received Tot•1 Other Incom 286.78 286.78 Profrt on Ordlna Activities Befor• Taxation 56.666.21
Proflt and Loss King's Church Medway For the year ended 31 March 2025 Branch Is Gllllngham. ounl 2025 Turnover Donations Tax credit on Gift Aided Income rthes and offerings Total Turnover 16.722.53 14,539.01 163.319.13 191580.67 Gross Profit 194 580.67 Administrative Costs Advertising & Marf¢eting Baiik Charges Books, DVD'S Children's Church exponsos Donalions paid Em0Y9$ Nl F¢)od and drlnk Groceries & Cleaning Gross wages Hospltallty, entertainmanl & gifts Insurances T so9r0 and Con$umabl88 iotchen e¥p&n$es Legal & Profèssional f¢$$ Light, Power, Heating Mlscellanetsjs èxpenses Mlssion expenses otor Vehicle Expenses Parlang Printing, Postage and Ststionery Rent Repairs & Maintenance- property Repairs & maintenance- Small equipments Staff Training Subscriptions and Affiliations Telephty)e & Inlemet Travel and Accomodats'on Water Youth Club T¢)tsl Administrativ• Costs 22.00 229.19 1.057.64 599.91 5.831.56 2,884.80 7,258.70 2,048.91 30,000.00 9.772.1)0 3,209. 1.066.18 1,336.97 900.00 3,790.91 2.654.88 2.174.29 1.662.00 29.00 2.112.21 12,662.26 13.207.82 3,878.42 5.407.12 2.789.80 1,268.67 4,026.42 403.06 513.02 122.797.64 atln Profit 71783.03 Othar Ineomo Bank interest received Grantslfvnding Total Other Income 18.50 27.300.00 27,318.50 Profft on Ordlna Activities Beforn Taxatlon 99101.53
Profit and Loss King's Church Medway For the year ended 31 March 2025 Branch is Light The Way. Account 2025 Turnover Donats'ons Total Tumovtr 7.344.30 7.34Q30 Gro$$ Profit 7.3M30 Admlnlslratlv• Costs 8ank Charges Hospitality, entertainment & grfis Mission expenses Repairs & Maintenance- property Subscriptions and Affiliations Travel and Accomodation Total AdMlni$trat1 Costs 102.00 1.105.99 5(Ml.00 25.00 216.IH) 5.100.IK) 7.048.99 atin Profit 295.31 Profit on Ordin* Activities B•for• Taxatlon 295.31
Profit and Loss King's Church Medway For the year ended 31 March 2025 Branch 1$ Carlng Hands. Account 2025 Tumover Donations Rental income Tithes and offerings Total Turnover 48,458.89 91,81)0. 3,925.00 144183.89 Gross Proflt 144 183.89 Adminlstrativo Costs Bank Charges Books, DVD'S Children's Church expen$o$ Depreciation expense Donation$ pald Empl¢)yers Nl F(x)d and drink Groceries & Cleaning Gro88 wages Hospitslity, entertainment & gffts IT sOfvare and Consumables lfjtchen expans9$ Light. Power, He8n9 Mis¢dlangous expenses Motor Vehicle ExpereS Pensions Printing, Postage and Stationery Rates Re¢realional actr'vites Repairs & Maintsnance- propety Repairs & maintenanc&- Small equipments staff TrainiThJ Subscriptions and Affili8tions Telephon6 & Inlemet Travel ar Accornodalion Water Totsl Admlnlstratlvo Co$t 103.50 416.80 645.97 2,343.96 gW.00 7,293.12 11,367.50 729.74 95,381.04 8.297.19 157.75 1,742.81 66.153.14 243.78 734.20 1.928.16 441.29 4.201.50 336.00 15,221.21 3,412.78 3,704.IX) 419.76 1,243.40 700.20 2,656.67 220.865.47 r*in Profit 6,681.58 Other Income Bank interest ro¢eived Total Other Income 0.38 0.38 Proflt on Ordlna Actlvltl•$ Boloro T•x4tion 76.68120