fountain neluJo)church Report for the Year Ended 31 Decembr 2025 2025 has been a year of continued growth and consolidation for Fountain of Life across its two locations. The effects of the Covid era have now largely receded, and church life has returned to what might be considered a new nomal. &taffing has remained stable, with no significant changes affecting the day-to-day life of the chuTch. HOeT, early ifi the year, the Trusts discemed a need to strengthen the leadership structure, particularfy in the oversight of Chlldren, Youth and Families ministry. As a result, a deosion was made to appoint an Assooate Minister. Historically, the church has operated with two ministers, so this represents a return to that model. The vtsion for thls role was presented at the AGM in April, alongside a Gift Day to begin ralsing the necessary funds. Following a detailed process, agreement was reached with the Dlocese of Norwich in November, and the role was formally advertised in December, with a closing date in early January. The post is deslgned for an ordaIr minister who will oyersee Children, Youth and Families ministry while also supporting the wider pasEoral and mi5Stonal life of the church. We are pleased to confirm that an appolntment has now been made, with further details to be Induded in next yearfs report. The Ashlll congregation has conttnued to grow throughout the year. In particular, the youth ministry has seen significant expansion, with attendance at events now exceeding 40 young people. Adult attendance has also increased, whid) is equally encouraglng. First Steps Pre-school has eXperfend several management changes and some restrurturing during the year. It also underwent an Of5ted inspection and received a 'Good' rating. Attendance remains strong, and the staff team have worked diligently to malntain a positive and effective environment. The Debt Centre has contlnued Its valuable work, supporting individuals facing unmanagealjle debt towards finan(ial freedom. The annual review conduded that the centre is performing above average, reflecting the dedication and effectiveness of the team. The Swaffham congregation has now completed its first full year tn The Barn and has alsD seen some encouraging signs of grovrth with 50-60 attending most Sundays. Following a rewiew and discussions With the Town Counal, the lease ha5 btt . The Well Christian Centre, Ashill, Thetford, IP25 7BT T." 01760 441902 E: MIn@folchurCh.GO.uk the Fountain ofLife Chur(*- a fflissionary the Church of England WbVW.folchurch.co.uk Charfty Nlber. 1153552
fountain, of life netuthhurch successfully renewed for a fvrther three years, with no signsficant chage5 to the existing arrangements. Alongside regular Sunday services, a wide range of midweek activities and outreach initiatives have continued to flourish across both sites. While it is not possible to detall all of these within this report, the churth has maintalned a strong and diverse programme of community engagement. This has enabled meaningful conftections with a broad range of people, and throughout the year there have been many powerful testimonies from those whose lives have been positively impacted as a result. The Board of Trustees met six times during the year and, supported by our Church Administrator (Becky Russell), Finan Team (Rysia Bane and Lorraine Parker), and Secretary (Jonathan Adams), have worked diligently to ensure the church remains compliant, well-governed, and focused on its mission of outreach and growth. It Is important to recognise that the church's ongoing vitality and development would not be possible without the commitment of our dedicated staff and the many vtslunteers y+tff) gT051y sewe across è ¥+ide Tare Df role5. We are deeply gTèteful to them all for their faithful and invaluable contribution. Looking ahead, 2026 promlses further growth, alongside some significant thallenges. The new Associate Minister is expected to begin in July, representing opportunity for further mission and outreach and a substantial increase in staffing costs. Lt should be noted that staffing remains the largest area of expenditure and that there is potential for further finanoal pressure in the year ahead. We therefore continue to seek God's guidance and provision as we pursue the vlslon set before us. With every blessing. Rev'd Paul Wilkinson A: The iwell Chrislian Centre. Ashill, Thetford, IP25 7BT T: 01760 441 E: admin@folchurch.cn.uk the FDuntsln Of Lif8 ChUh- a Mk¥sl8ry cororegion of the Churr of EnL4aThJ Vh¥W.fo1chuh.tt0.U Ch8rily Nthnber. 1153552
REGISTERED IN ENGLAND IiBOISTERED CHARrrY NO 1153552 FOUNTAIN OF LIFE CHtrRCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Clensh&w Minns Limited Cbartered Accouutsnt
FouwfAllq OF L CIIURCH CONfENTS Tn18tees Rev'd PF Wtlkinson liev'd A Poole- Resigned July 2025 Mr G K Cracknell- Resiglled April 2025 Mrs H Beckett Mr A Rees- Resigned April 2025 Mrs BJ Ashman Mr S Bullas- Deceased 2025 Mrs C Wilkinson Mr SH Mawditt Mr CS Clark Mrs JD Seaman Mrs R Lovegrove-smith Mr J Adams Mrs J Sharp Mr G Chitto¢k- Appointed April 2025 Mrs A HaTlock- Appointed April 2025 Mrs L I£leu- Appointed April 2025 MT L BTOWy- Appointed April 2025 Mrs K Wright- Appointed April 2025 ChArity number 1153552 Princlpal office The Fountiin of IAfe Church The Stables Swaffliam Road Ashill Norfolk Englond IP25 7BT Independent ezamiDer Clenshaw Minns Chartered Accountants Norfoll( House 24 Market Place Swaffliam Norfolk PE37 7QH Bankers Barclays Bank PLC I Churchill Place London E14 5HP
FOUNTAIN OF LIFE CHURCH TIiUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 DECLARATION The TnLStea5 declare that they have approved the abov¢ tsThstees' report. Signed on be1]f of the charity's IDJStecs: SigrA&ts)r¢ls) Full nam¢(s) Palli Wilkin8on Jonathan Adams Position (e.g. Secretary, Chair. etc) Chair Secr¢tary Date
FoUAIN OF LIFE CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 I report to the ch&Tity trustces onmy examination of the accounts of the charity for the year ended 31 December 2025 which are set out on page8 6 to 19. ResponsibiJitie8 and bgsis of report Asthe charity's Inte¢sy0u4re responsible for theprep&rdtion of the ounts in acc4)rdallce with the requiremettts of the Charities Aet 2011 {'the Act.). I report in respect of my examination of tbe ¢harity's accounts carried out under seclion 145 of the Act and in caEryiThg outmy examination I bav¢ followed all the applicable Dir¢rtioJs givenby the Charity Con)mission wider s¢ctiot1 145(5Xb) of the Act. Independent ezamlner's Jtatement Since tILe charity's gri)ss income exceeded £250,000 yow ex2llyiller must be a mejnber of a body Jisted in scction 145 of the Charitieq Act 2011. 1 confirtn that I am qualified to lld¢rt¢ the examination because I aro a member of the In8titut¢ of Chartered Accountants in Eg1aThd and Wale*, vthich is one of the ]isted bodies. I have cornpieted my examination. I conkn that no rllaterial matters have come to my attention in conDecCioD with the examiuation giving me c&we to believe that in ony llHterl respect accounting records were not kept in ttspect of th¢ chlty &s reqrea by section 130 of the the &ccoutrt8 do not accord withthose records. OT the ac£oonts do not complyv4ith the applic&bleTequir¢m¢nts concerningthe forni andcontellt of ac¢owits sel out tn the Charities (Accoutts and Re[8) Regulations 2008 Ot1 tban any Tequirement that the accouDts give a 'true and fair view, which is not a matter considcT¢d as part of an independent exami1tiOn. I bave no concems and have come across no other matt¢r8 in ¢onnection with the examinthon to vAJieh attention should be drawn in this report in order to enable & proper UDder8tanding of the accounts to be reache Chartered Aceountsnt Clenshaw Minns timit¢d Chartered Accountants Norfolk Hou8e 24 Market Place swafflM PE37 7QH
FOUNTAIN OF L]FE CHURCH STATEMENT OF FfNANCIAL ACTIvTrtES AS AT 31 DBCEMBER 2025 Total funds 2025 Totsl funds 2024 Unrestricted Rutricted Fund5 Fllnds IYote8 Incoming rtsouyces Income elldovnnents from: Donations alld legacicg Branch aclivitics income 306,334 9A,634 306.334 93,434 306.397 128.871 1,800 4904 1.800 Other income 4,118 4,118 Total incoming re80llrceJ 402,086 1,800 403,886 441.972 Resources upended Activity and nwning costs 85.932 CILurch missiouxl Etving 15.804 ManAgement and admitiistration costs 6 217,861 BrCh activities expenditure 93.698 1.800 87.732 15.804 217,861 105,504 90,531 14,054 197.036 103,189 11,806 Total rt80ur¢es expended 413.295 13,606 426,901 404,810 r4et income1(eenditUre) (11209) (11.806) (23,015) 37.162 Net wovernent in funds (11,209) (11.806) (23,015) 37,162 FuE]ds brought forwkrd Branch activities brO£t forward 163.991 51,291 163.991 71.866 152,511 46,184 20,575 Tot funds brought forward 215.282 20,575 235,857 198,695 Funds Caled forward Branoh lotivities c8Thied forv 154,846 49227 154,846 57,996 163,991 71,866 8,769 Totsl funds carried forward 204,073 8.769 212,842 235,857 Statement of Total Reeognised Galns or Losses The Charity had no recogtiised gaitLS OT Ios8es other thau the abov¢ incom¢ for tbe financial y¢ar ended 31 December 2025.
FOUNTAIN OF LIFE CItURCH BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Current &ssets CoTDmunity acUnt Business preD]ium Kidz Kjub Noah's Ark First Steps Pre-school 28,356 69.116 15.121 8,876 24.495 11.925 11,305 21.735 60.712 19,621 45,413 12.958 8276 28.484 31.265 22,149 71,598 Debt Centre Kingdom Batth Ltd CAF B&Dk Casb & CAF Gold 251,641 239,764 Credltor8: amounts f8lllng due thln one y io (2.707) Accrnals Deferred Income li (1.440) {37.359) (1,200) Net eurrent A&8et 212,842 235.857 Tot*1 #88ets le44 current liabllftde8 212,842 235,857 Total net assets 212.842 235,857 Totst CIlty fwid8 Restricted fimds Unrestricted fi]nds 12 12 8.769 204,073 20,575 215282 212,842 235.857 The finallcial Statements were approved by the Tnt on . and aTe signed behalf by: Trust Trustee .. The notes on pages 8 to 19 forni part of these finallcial statements.
FouFrrAIN OF IJFE CHEfRCH NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting poll¢i 1.1 Basis of prepar4don of finandal rtatements The fiDoll¢ial statements have been prep8red under the historical Cost convelltion with items recognised at cost or transaction value unless otherwise ststed in therelevgnt note(8) to tbese accounts. Th¢ ac¢ounts have been prepared in accordanc¢ witb the St&tement of Reconjmended Practice., AccoutLtillg Reporting by Clwities preparing their accounts in accordallce with tbe Finaneial Reporting stalld.d appli¢&ble in the UK alld Republic of Trelattd IFRS 102) i&sued on the 16 July 2014 alld with the Chorities Act 2011. 1.2 Accounting polieles The accounts pra%att a tnle and fair vi¢w 8nd the RccouniiDgpolAcÈes adopted are those out]incd in note {l.l). 1.3 FuDd Aecountlllg Generat fid8 ar¢ ut]re5tricted fimds which are Available for use at the discretion of tlle Ththe8 in furtherdnce of the general objectives of the charity aud which havenotbeen designatedfor other putpos¢s. Designat¢d fjmds COmPTiS¢ UtThtrictcd funds that bave been set aside by tbe Trte¢& for P8rtiGuiorpurposes. The aim anduse of each designated fund is set out in the notes to the fill&Dcial statements. iov¢slment iticorn¢, gains and losses are allocated to the appropri&tr fjjnd. 1.4 Incoming resources All illcoming resourc¢8 are included in the Statement of Fttwicial ActivitÉe8 when the chaThty is legalty eItledto the income and the amount can be quantified with reasonable U[acY. Gifts in kind donated for distribution and included at V8htiOn and recognised as ittcome when they are distributsd to the projects. Gifts donated for resale a included &% income when they are sold. Donat¢d faciltties are included at the value to the charity where tbis c¥n be quantified alld a third party is beaTing the cost. No atnount 8re iticluded in the fillanci statements for services donated by voluntecrs. DonAt¢d services or faciliti¢s. vthich compTiBe donated services are its¢luded in incom¢ at a vahtioll whtch is an ¢stite of tbe financial cost borne by the doThor wher¢ such a cost is quantifiable and measurable. No income is recoEnised where there is llo financiol cost borne by a third party. Income tax Verable in rclation to donations Teceived under Gift Aid or Deeds of Cov¢nant is IEcogntsed at the ttme of the donatio
FouwfAIN OF LE CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 1.5 Resources expended Ail expendittre is cOunted Eor oll an a¢cruaLs basis and has been included under expense ¢ategories that aggregate alj costs for allocation to acttvities. Where Costs eannot be diTethly attributedio wticular activitie8 they h&ve been allocated on a basis ei)DSiStent with the of the resources. Funthaising costs are those incurred in seeking voluntsry contiibutions and do not iyJclud¢ the costs of disseminatmg inforDwtion in support of the chAritable activities. Support costs are tbose costs inci]rred dirertiy in support of expenditur¢ ott the objects of tbe charity llnd include project management c&uied out at headquarters. Mageettt and athD]niOll costs e thosc incurred TD CODnection with admItratIon of the Clty and c¢mip]iance with cOJ)sti1I0llaL and stathtory requirements. 1.6 Stocks Stock8 are stated at the low¢T of cost and estimated selling wice less costs to complete and selv Cost comprises itirect materials, wllere applicablc, direct labour costs and those overheads thkt have been incurred in bringing the stocks to their present lo¢ation al condition. Itall8 held for distribution at no or nominal oonsideration are measurd the lower of replacement cost and ¢08L Net Te4lis8bl¢ vae is the estimated selling PTice less 811 estimatsd costs of wmpletion and costs to be incurred in markeling, selling and distribution. 1.7 Ch c98b equlvalellts Cash and ¢&sh equivalents include cash in b8nd, deposits held at call with baoks. other short terni liquid investsnents with OTigllAi Jnlthrities of thre¢ motsths or less, andbank overdTaft8. BaDk ovetdrafts aTe shown within bom)wings in current liabilities. B49icfinanci(d assets Basic fJnAnciAI assets. which include debtors and cash and bank balances. are ÉDittally meawred at tra8actIon PTice including trans&rtion costs and are subs¢quently caTfAed #t amortised c08t wing the effeclivc iDtttegt methi)d Unl8 the arrangement consttmtes a financing tralls2rtio where the transaction is measured at tbe preseDt value of the future receipts discounted at a market rate of illterest. Financial 8ss¢ts classified as receivable within one year are not amortised. a8icfinancialliabilili B881¢ financial liabi]ities, iucluding creditors and bank loans are illitiallyrecogDi8ed at tr8nsactii)Jprice ullless the Arrangemertt constithtes a fllwicing transactio Whe the debt irent is meLsvred atthc prescllt value of the firtur¢ payments diScolted at amarket Tate of int¢sL Fi]MIci81 liabilities classified payable wiihin one year are not 8morti8ed. Debt iDs¢ruTti¢nts are subsequently wried at amortised cos¢ using the effective interest Tatc metho Trade creditOTS are obligations to p&y for good£ or services that bave been acquired in th¢ ordinary course of operatioDS from supplier8. Amounts payable are classified Ls cumt iiabiliti&% rfpayllKut is thie vlitbia olleyear or I. If not, they are presellted as non-current
FOUNTAIN OF LIFE CHURCH NOTES TO TttE FINANCIAL STATEMENTS FOR THB YEAR ENDED 31 DECEMBER 2025 liabilities. Trade creditors are recognised initially at transactiollprice and subsequently me&sured it Atnortised costusing the effertive inteTestmethod. DeTecogniÉion offvancialliabililies Financial Jiabilities aTe dere¢ognised when the Charttys contractual obligations expire OT are discharged or callc¢lled, 1.8 Employee benefjts The c(Ist of any unused hol1Y entltlement is TecoBnised inthe period inwhich the en]ploye¢'s 8ervices receive Termination benefits are recognised itDmediately 88 an ryxpeDse wlwi tILe Charity is d¢tllonstrably con]mitted to terminate the employment of an employee or to providc t¢rminthon benefits. Restricted Unregtrictsd Funds Funds Total Fund8 Totsl Donatlon8 and legacies 2025 2025 2025 2024 Donations Gfft aid Other sup)rtedprojects 148,721 27,895 129.718 148.721 27.895 129,718 199,872 24.468 82,057 306.334 306,334 306,397 DoDatlon8 and legades Branch Activities 21)25 2025 2025 2024 Kidz ub First stw pre-school Noab's Ark Debt Centre 16914 65.412 600 8,708 16.914 65,412 600 10.508 25.505 69,357 600 33.409 1,8((J 1.800 91,634 93.434 128,871 4. Other income 2025 2025 2025 2024 Other resources and conferences First steps PTe.sclwol 2,547 1,571 2.547 1,571 2,556 2,348 4,118 4,118 4,904 io
FOUNTAIN OF IJFB CIIURCH NOTES TO THE FINANCIAL STATEMENTS FOR TIIB YEAR ENDBD 31 DECEMBER 2025 Re8trfcted Unrestricted Total Fullds Fun Tot21 Funds 5. Charitable aedvities 2025 2025 2025 2024 Church quota Mini8ters' stipend Funeral fees and weddings Church clubsl activities Books. resources andcataing Courses/ conferences 27,684 39.779 558 12,715 2.421 2,775 27.684 39.779 558 14,515 2.421 2,775 27,684 38,229 701 16.854 5.071 1.992 1.800 1.800 85,932 87,732 90.531 6. Chureh mallagtment JDd adMitratIo 2025 2025 2025 2024 Priniing, ststiimery. accountill Website and finance Chur¢b expcn8es Wag&%. salarias and tsx 11.715 47.619 158,527 11.715 47.619 158,527 12.797 29,544 E54.695 217.861 217.861 197.036 BraDch activitie5 expenditsre 2025 2025 21J25 2024 Kidz Klub First steps prtrschool Noah's Ark Debt Centre 14,751 69.402 14,751 69.402 22,225 61.249 11,806 9,545 21,351 19,715 11.806 93,698 105.504 103,189
FOUNTAIN OF LIFE CFfuRCH NOTES TO THE FINANCIAL STATEMENrs FOR THB YEAR ENDED 31 DBCEfvtBER 2025 Employees Th¢ average monthly number of employecg tbis year w&s: 2025 Number 2024 Number 15 15 There were no et]]ploye¢s whose annual remut]eTatiOllWL8 more th8n £60.000. 9. TaIation The clMityis exenpt from taxation on xts activities because all its income is applied for cIMritable purposes. 10. Creditors: amounts fthg due wlthill one year 2025 2024 PeDSiOll liabi]ity Other taxation and social security I,oii 1.696 2,707 11. Aceru*ls & Defeyred im¢ome 2025 2024 1.200 Ikferred income 37,359 38,799 1200 Def¢ed income being gift day specific#Liy held in 2025 to Taise motii¢s for new millSt¢r aTTiving iti 2026. 12
FOurAIN OF LIFE CHURCH NOTES TO THE FtNANCIAL STATEMENTS FOR THB YEAR ENDED 31 DECEMBER 2025 12. Charlty funds Restricted Unre8tri¢ted Total Opening fundB brougbt forward 20,575 215282 235.857 Reclassification Movement (11,800 (11.209) (23,015) ClosTrDg fi{l8 carried forwoxd 8,769 204.073 212.842 13
FouKfAIN OF LIFE CHURCH NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13. Follntain of Life Church 2025 2024 Incorne GAviA2 and collection at ail services Ashill Sw2ffliam Gift day doD2tions (See note I l) Gift aid rcceived bjterest received Restricted dollations Event donatiOTL% Mercy donAtions Rq)ayment towards $81ori¢s Sundry receipts Funeral donations 144,074.64 33.284.80 162,474.74 18,017.21 27.895.52 1,570.57 500,00 2.547.42 899.91 73,750.05 24.411.21 1518.00 24,467.61 2,347.58 90.00 2,556.15 580.00 72235.66 29,776.59 555.64 Total 310,452.12 313.101.18 Expenditure Overheads Church MiDiStcr Church quota Church rent Gross wages- FOL Gr08s wages- Pre-school GTOSS wages- Kidz Klub Employers N.1 Employer pension conti1b]0ll 39,779.31 27,684.00 15.600.00 80,464.85 58.289.35 11,331.67 2.103.22 6.338.19 38228.70 27,684.00 15,225.00 69.188.74 60.218.54 16,451.80 2.965.74 5,870.64 Totsl 241,590.59 235,833.16 Running C08ts Adnjxnistration tnsurance Sound ottd visu&18 Minib8 expettses Prillimug and copicr services Catering expenses Resources Reboboth publishing 6,014.94 1,894.31 2,364.26 1,939.80 2,569.78 1,558.99 862.29 436.37 5,548.70 740.37 2,848.12 2,439.55 1779.05 2.171.21 2,899.38 366.27 Total 17,640.74 19.792.65 14
FOUNTAIN OF LIFE CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDBD 31 DECEMBER 2025 14. Fountain of Life Church (Conttlllled) 2025 2024 Activity costs Events Youth Activities paid by chw¢h members Kids church a¢tivitie Good companions Cours¢s, conferences & memberships Missional communities & Oth Eroups Mercy and crisis costs Funerals and weddittgs Preschool costs Staff travel ¢osts 636.40 8.092.22 580.00 119.34 243.21 2.500.71 5.046.97 1,690.00 254.08 391.98 ! I 2.775.00 512.35 2215.75 558.00 1,992.31 150.00 4,959.99 701.00 65.00 182.35 1.613.18 102.90 2.188.17 Total 18.023.34 19,547.57 Church mi55iOD&I givlllg Do]tIOnS to church groups and otheT organisations 15.804.00 14,054.00 Totsl 15,804.00 14,054.00 Fknanclal costs Bank c]wge Accounts, payroll and auditors charge credit ¢harge 202.06 6,579.14 250.07 6.915.L8 4.99 Totsl 6,781.20 7,170.24 Sundry eost8 Swaftlwn church expenses 21.557.31 5,223.64 321,397.18 301,621.26 Opening b*lance I" J8nuary 2025 163,990.01 152,510.09 ProfitAou for the year {10345.06) 11,479.92 Closing bal#nee 3111 December 2025 153,OH.95 163,990.01 15
FouwfAIN OF LIFE CHURCH NOTES TO THE FINANCIAL STATEMEwrs FOR THB YEAR ENDED 31 DECEMBER 2025 15. BraD¢h Activities Ati tncoming A*31 resourcu Decejnber 2025 2025 Kidz b Noab's Ark First Steps Pre-school Debt Centre 12,958 8.276 28,484 22,149 2,163 15,121 600 8.876 (3,990) 24.495 10.843 12,070 59.797 Previous year: Atl Incorning At31 JAnUary resources DeCeber 2024 2024 Kidz Noa&'s Ark First Steps Tre-S¢hool Dcbt Centre 9,678 3.280 7,676 600 20,375 8.109 8.455 13 694 12,958 8276 28,484 22,149 71,867 16
FOtTNTAIN OF LIFE CHURCH NOTES TO THE FtNANCIAL STATEMEFrrs FOR THE YEAR ENDED 31 DECEMBER 2025 16. Kidz Klub 2025 2024 Illcojne Donatiotss Fees 16,829.00 85.35 25.252.49 252.53 Totsl 16,914.35 25.505.02 Expenditsre Wages Traininglconferencc fces Teacbinglmusic reBour¢¢s Resources Printint¢1¢p0lle 13.040.10 18,638.57 15.00 108.15 871.15 680.19 340.00 695.27 120.38 9.99 353.73 253.80 606.55 Propslgam&wizes Refreshments Miscellalleous Minibus Giveaway booklets & bibles Publicity 417.49 47.23 51.19 203.35 96.83 34.87 392.71 Tots] 14,751.41 22.225.14 Opening balance I. January 2025 12.957.89 9,678.01 Exccss itioomelexpenditUTe for the year 2,162.94 3,279.88 Closing b8lallce 31rt Dccember 2025 15.120.83 12,957.89 17
FouKfAIN OF LIFE CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 17. First Steps Pre-sthool 2025 2024 Income NCC 64,012.68 1,355.38 9.00 63,661.55 4.996.46 Parents Fees Uoifornj Salag ant Additional charges Rtfimds DonatiOIIS EdeJJred Vouchers 0.50 148.50 34.38 240.¢K 31025 Total 65,411.94 69,356.76 Expenditure Operntion Mobiiis& Wages Rent Uniforni Food- consumables Admin 180.00 60,709.95 3,960.00 315.00 18.99 395.60 148.99 1,408.39 145.26 177.79 1,362.87 21.49 557.13 180.00 53.597.09 3.960.00 230.70 32.57 314.35 257.30 987.65 224.E4 87.40 877.43 230.81 268.82 Equipment Trait)itig Cleaning Other Membership 69,401.46 6l.248.26 Opening balance I. January 2025 Excess incomelexpenditure for tbe year 28.484.18 (3,989.52) 20,375.68 8,108.50 Closing balance 31. December 2025 24.494.66 28,484.18 18
FOUNfAtN OF LIFE CHURCH NOTES TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECBMBBR 2025 18. Noah's Ark 2025 2024 Income FOL 600.00 6.00 Totsi 600.IX) 600.00 Opening balance I" J&nu8ry 2025 Bxc&qs illcomexpenditUre for the year 8,275.71 600.00 7.675.71 600.00 Closing balance 31" D¢cember 2025 8,875.71 8275.71 19. Debt Centre 2025 2024 Income Grants Donatiot]s JnteEcst received 1.800 8,492.57 215.08 25,000.00 8,342.76 65.94 Toial 10,507.65 33,408.70 Expenditure Reimbursements and travel Telephone Postage & statiouary Restricted Expense Sundry Manager fee CAP HQ contribution 953.85 226.65 23.89 1,800 11.39 15.335.31 3,000.00 1,410.93 242.63 34.99 219.51 14,806.83 3,000. Totsl 21,351.09 L9,714.89 OF*ning balance 1° JUary 2025 Excess incon/eXpeditllre for the year 22,148.80 (10,843.44) 8,454.99 13,693.81 CI08ing bklaoce 31° De¢¢nther 2025 11,305.36 22,148.80 19