OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-08-31-accounts

Registered Charity Number: 1156774

Calvar Exeter y

Trustee’s Annual Report & Accounts Year ended 31[st] August 2025

1

Calvary Exeter

Contents

Page
Objectives and Achievements 3
Financial Review 5
Plans For Future Periods 6
Structure, Governance and Management 6
Reference and Administrative Details 7
Independent examiners report 8
Statement of Financial Activities 9
Balance Sheet 10
Summary Income and Expenditure Account 11
Notes to the Financial Statements 12
1. Accounting Policies 12-13
2. Analysis of Income 14
3. Donated Goods, Facilities and Services 14
4. Analysis of Expenditure on Charitable Activities 15-16
5. Trustee Expenses 17
6. Grant Making Activities 17
7. Sta� Costs, Employee Benefts and Trustee Remuneration 18
8. Fixed Assets 19
9. Debtors 19
10. Creditors 20
11. Summary of the Assets and Liabilities of each Category of Fund 20
12. Movement In Funds 20
13. Related Party Transactions 21

2

Calvary Exeter Year-end 31[st] August 2025

Objectives and Achievements

Objects of the Charity

The Charity’s Objects (“the Objects”) are the advancement of Christianity for the benefit of the public in accordance with the following:

As we have opportunity, to do good to all, especially to those who are of the household of faith (Galatians 6:10).

Activities of the Charity

The charity trustees have reviewed its activities, regarding the Charity Commission’s guidance on public benefit. The charity provides, amongst other things, the following benefits:

The charity uses its financial resources to fulfil the charity purposes in the following ways:

Achievements and Performance

Calvary Exeter:

Calvary Exeter undertook the following activities to achieve its objectives:

3

Calvary Exeter Year-end 31[st] August 2025

Achievements and Performance (continued)

Calvary Plymouth:

Calvary Plymouth undertook the following activities to achieve its objectives:

In June 2013, the pastor of Calvary Exeter, Bob Claycamp, started a bible study in Plymouth. The bible study became a church plant on Sunday 6[th] October 2013 known as Calvary Plymouth meeting at Wotter Community Church, an old Methodist Chapel in Wotter village near Shaugh Prior on the southwestern edge of Dartmoor.

The church plant was administered by Calvary Exeter until 2025 when it was decided that Calvary Plymouth should become its own entity. On 22[nd] April 2025, Calvary Plymouth was formally recognised by the Charity Commission as its own charity.

4

Calvary Exeter Year-end 31[st] August 2025

Financial Review

Financial Position

The Charity’s primary source of funds is from free-will offerings received from those regularly attending the Sunday services as well as various other supporters to the objectives of the Charity. No material fundraising activities were undertaken. The charity’s finances are in a very healthy position. Income and expenditure were in line with expectations, and the charity expects to maintain future expenditure in line with current expenditure.

The accounts include those of Calvary Exeter and Calvary Plymouth until 21[st] April 2025. After this date the accounts only include those of Calvary Exeter as Calvary Plymouth became its own charity from 22[nd] April 2025.

Reserves Policy

Keeping in line with the Charity’s future plans it has a policy to hold sufficient reserves to be able to respond in a timely manner to any opportunity presented that would allow the Charity to achieve those plans. Current reserves are minimal for meeting such possible opportunities. There must be, at minimum, the equivalent of 3 months’ worth of expenditure held in unrestricted funds and available as a liquid asset held at all times. If the reserves fall below this figure, an extraordinary trustee meeting will be called.

Grant Making Policy

The Charity will make grants to external organisations and individuals by assessment of the Trustees on the basis of need and fulfilment of the charitable activities. There are no upper or lower limits of support.

Spending and Reimbursement Policy

All money spent from an individual’s personal bank account, with the intention of being reimbursed by the church, must either be by a trustee, or under the direction of/agreed by a trustee. If a trustee is planning to spend over £1,000 for the charity, this must also be approved by at least one other trustee.

Principal Sources of Funding

The charity’s principal source of funds is from voluntary donations received from those regularly attending the Sunday services as well as various other supporters of the objectives of the charity.

Declaration

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:

Andrew Ley (Chair)_______

Date: ___

5

Calvary Exeter Year-end 31[st] August 2025

Plans For Future Periods

The charity’s plans for the future, including its aims and objectives and activities remain unchanged and the trustees expect the future direction of the charity to remain the same.

Structure, Governance and Management

The charity is overseen by the church pastor, who is an office holder rather than an employee. He is supported in the decision-making process by the charity trustees and supported in the execution of his office by a team of volunteers. The charity has no employees but relies heavily upon all those who attend the fellowship to use their individual gifts and talents for the edification of the church.

The office of ‘Pastor’ is defined and regulated by the constitution. The charity trustees are entitled to remove the pastor from his office in accordance with circumstances listed in the constitution, but neither the church nor the charity trustees are the pastor’s employer.

There is no legal obligation on the charity to provide financial or other material support to persons holding the office of pastor. However, the charity is always delighted when it can provide such support to enable the pastor to devote his full time and attention to fulfilling the functions of his office without having to engage in other work to support himself and his family.

The charity references the Charity Commission document CC3 – ‘The essential trustee: what you need to know, what you need to do’ for the induction and training of trustees.

6

Calvary Exeter Year-end 31[st] August 2025

Reference and Administrative Details

Trustees: Andrew Ley (Chair) Kenneth Pope Jason Thorpe Edward Major Pastors: Andrew Ley Governing Document: CIO - Foundation Constitution Registered 23rd April 2014 Amended 15th Dec 2015 and 16th May 2022 Registered Charity Number: 1156774 Charity Principal Address The Old Gospel Hall Edgerton Park Road Exeter Devon EX4 6DD Accounts Prepared By: Michael King

7

Calvary Exeter Year-end 31[st] August 2025

Independent examiner's report

I report to the charity trustees on my examination of the accounts of Calvary Exeter (The Trust) for the year ended 31[st] August 2025.

Responsibilities and basis of report

As the charity trustees of the ‘Trust’ you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Signed:

Michael King MAAT Member of the Association of Accounting Technicians Snape Granary High Bickington Devon EX37 9BQ

Date: 26[th] May 2026

8

Calvary Exeter Year-end 31[st] August 2025

Statement of Financial Activities

Note
Income
Donations and Legacies
2
Charitable activities
2
Other Trading Activities
Investments
2
Other Income
2
Total Income
Expenditure
Raising Funds
Charitable activities
4-7
Total Expenditure
Net Income (Expenditure)
Transfers between Funds
Net Movement in Funds
Reconciliation of Funds
Total Funds B/fwd
Total Funds C/fwd
2025
2024
Unrestricted
funds
Restricted
funds
Total
Total
£
£
£
£
107,563
107,563
141,356
1,135
1,135
575
-
1,613
1,613
1,435
2,512
2,512
1,110
112,824
-
112,824
144,476
-
- 98,214
- 98,214
- 93,809
- 98,214
-
- 98,214
- 93,809
14,609
14,609
50,667
-
-
-
14,609
-
14,609
50,667
163,357
-
163,357
112,690
177,966
-
177,966
163,357

9

Calvary Exeter Year-end 31[st] August 2025

Balance Sheet

At 31st August 2025

Note
Fixed Assets
Tangible Assets
8
Current Assets
Debtors
9
Cash in Bank and in Hand
Total Current Assets
Liabilities
Creditors: Amount due withing 1 yr
10
Net Current Assets
Net Assets
The Funds of the Charity
11
Unrestricted Funds
Restricted Funds
Total Funds
6,205
166,399
2025
6,132
13,160
143,350
791
171,834
177,966
177,966
0
177,966
2024
7,638
172,604
770
156,510
155,719
163,357
163,357
0
163,357

These Financial Statements were approved by the board of trustees and signed on their behalf on


Andrew Ley (Chair)

10

Calvary Exeter Year-end 31[st] August 2025

Summary Income and Expenditure Account

Income
Gains/(losses) on Investments
Interest and Investment Income
Gross Income in the Reporting Period
Expenditure
Interest Payable
Depreciation of Fixed Assets
Total Expenditure
Net Income (Expenditure) before tax
Tax payable
Net Income (Expenditure) for the financial year
2025
2024
Total
Total
£
£
111,211
143,041
1,613
1,435
112,824
144,476
- 95,397
- 91,335
- 2,817
- 2,474
- 98,214
- 93,809
14,609
50,667
-
-
14,609
50,667

11

Calvary Exeter Year-end 31[st] August 2025

Notes to the Financial Statements

1. Accounting Policies

General Information

Calvary Exeter is a Charitable incorporated Organisation registered in England and Wales. The registered charity number, and address of the charity is given in the charity Reference and Administrative Details.

Statement of Compliance

by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (e�ective 1 January 2019) and The Charities Act 2011.

Going Concern

su�icient funding will be secured beyond the current year. The trustees have assessed the level of funds held, in addition to the cash flow needs of the charity, concluding with confidence that it will be able to continue in its operation.

Fund Accounting Policies

The General Funds are not subject to any restrictions regarding their particular use and are available for applicable general purposes of the charity.

The Building Fund is a designated unrestricted fund. No fundraising has taken place for this fund, it is solely resources “earmarked” for a Building.

Incoming Resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when; the charity is legally entitled to the resources; the trustees are virtually certain they will receive the resources: and the monetary value can be measured with su�icient reliability.

Expenditure and Liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. It is probable that the paying out of resources will be required in

12

Calvary Exeter Year-end 31[st] August 2025

settlement and the amount of the obligation can be measured reliability.

The charity makes grants to individuals and other institutions to further its charitable objectives.

Governance costs of the charity are accurately recorded. These costs include those associated with preparation and examination of accounts, trustee meetings, trustee legal advice and expenditure incurred on the strategic management of the charity.

Fixed Assets

They are valued at cost price or a reasonable value on receipt. Depreciation is calculated on tangible fixed assets using the Straight-Line Method at 25% of the cost per year

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount o�ered.

Judgements in Applying Accounting Policies

In the application of the church's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may di�er from these estimates but are unlikely to be material.

Cash at Bank and In Hand

Cash at bank and in hand includes cash and short-term highly liquid investments with short maturity of three months or less from the date of acquisition or opening of the deposit or similar amount.

Financial Instruments

Instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the e�ective interest method.

13

Calvary Exeter Year-end 31[st] August 2025

2. Analysis of Income

2. Analysis of Income
Donations and Legacies
Freewill Offerings
Freewill Offerings (outside UK)
Tax Recoverable - Gift Aid
Charitable Activities
Plymouth Conferences & Retreat
Plymouth merchandise sales
Investment income
Bank interest
Other Income
SSE Business support
HMRC Gift aid interest
Sale of Toilet block
Weddings
Total
2025
Unrestricted
funds
Restricted
funds
Total
78,481
78,481
23,342
23,342
5,740
5,740
107,563
0
107,563
1,070
1,070
65
65
1,135
0
1,135
1,613
1,613
135
135
278
278
2,000
2,000
100
100
2,512
0
2,512
112,824
0
112,824
2024
Unrestricted
funds
Restricted
funds
Total
97,863
97,863
31,482
31,482
12,011
12,011
141,356
0
141,356
315
315
260
260
575
0
575
1,435
1,435
865
865
245
245
0
0
1,110
0
1,110
144,476
0
144,476

3 Donated Goods, Facilities and Services

Donated Goods
Donated Facilities
Number of Unpaid General Volunteers
Church Services - Hospitality and Operations
Church Services - Technical
Church Services - Children's ministry
Church Services - Discipleship
2025
£
0
0
30
15
14
7
66
2024
£
2,000
0
2,000
30
15
14
7
66

14

Calvary Exeter Year-end 31[st] August 2025

4 Analysis of Expenditure on Charitable Activities

Notes
Mission and Ministry - Exeter
Discipleship and Outreach
Hospitality, Supplies and gifts
Honorarium
Conferences and Retreats
Ministerial staff
7
IT - Media - Music
Grants Payable
6
Travel and accommodation
Mission and Ministry - Plymouth
Discipleship and Outreach
Hospitality, Supplies and gifts
Honorarium
Conferences and Retreats
IT - Media - Music
Grants Payable
6
Leadership and meetings
5
Travel and accommodation
Van upkeep
2025
Activities
Undertaken
Directly
Grant
Funding of
Activities
Support
costs
Total
1,357
446
1,803
891
891
200
200
60
60
20,500
20,500
264
1,421
1,685
26,242
26,242
0
0
23,271
26,242
1,868
51,382
3,667
313
3,979
1,526
1,526
0
1,456
1,456
3,361
110
3,471
3,737
3,737
72
72
0
1,047
1,047
11,129
3,737
423
15,289
2024
Activities
Undertaken
Directly
Grant
Funding of
Activities
Support
costs
Total
1,704
196
1,900
1,173
1,173
600
600
30,825
30,825
735
219
954
4,350
4,350
172
172
35,209
4,350
415
39,974
6,500
538
7,038
3,081
3,081
400
400
3,111
3,111
3,850
209
4,059
6,265
6,265
441
441
209
209
622
622
18,214
6,265
747
25,226

15

Calvary Exeter Year-end 31[st] August 2025

Property, Management and
Administration
Exeter - Rent and Utilities
Plymouth - Rent and Utilities
Exeter - Building repairs &
upkeep
Plymouth - Building repairs &
upkeep
Exeter - Insurance
Plymouth - Insurance
Exeter - Fixed Asset
Depreciation
8
Plymouth - Fixed Asset
Depreciation
Exeter - Office supplies
Plymouth - Office supplies
Bank charges
HR software
Accountancy
Independent Examination
Visa costs
3,462
3,462
14,874
14,874
1,451
1,451
0
645
645
198
198
2,817
2,817
0
288
288
158
158
53
53
220
220
456
456
150
150
6,770
6,770
23,948
0
7,596
31,544
58,348
29,979
9,887
98,214
2,200
2,200
20,447
20,447
1,245
1,245
120
120
613
613
267
267
1,545
1,545
928
928
311
311
79
79
12
12
164
164
498
498
180
180
0
27,767
0
842
28,609
81,190
10,615
2,004
93,809

16

Calvary Exeter Year-end 31[st] August 2025

5. Trustee Expenses

No trustee was paid for their service as a trustee. The nature of expenses incurred were for: ministry, administrative and subsistence causes, exclusively and necessary for fulfilling the charity objects.

Trustee expenses - Exeter
Travel
Phone & Internet
Building repairs
Retreats and Conferences
Trustee expenses - Plymouth
Retreats and Conferences
Leadership meetings
Travel
Total
6 Grant Making Activities
Grants Made to Institutions
Creation Fest
Global Refugee aid
Our Daily Bread Ministries Trust
Christians Together Across Exeter
Pioneers UK Ministries
Affinity
Samaritans Purse
Calvary Chapel Plymouth
Grants Made to Individuals
C Cannone Bible College support
Delbridge Car repairs
General benevolence - Plymouth
Hardship - Exeter
S. Yardley - Missionary support
S. Martinez - Missionary support
Total
2025
£
0
81
16
60
157
465
72
0
537
694
2025
£
2,400
100
35
100
50
37
23,757
26,479
2,700
800
3,500
29,979
2024
£
172
172
2,511
441
209
3,161
3,333
2024
£
2,400
500
100
50
3,050
2,270
1,500
1,055
1,800
540
400
7,565
10,615

17

Calvary Exeter Year-end 31[st] August 2025

7 Staff Costs, Employee Benefits and Trustee Remuneration

Average number of staff employed during the reporting period
Staff costs and employee benefits
Ministerial staff Stiped Salary
Employer's Social Security costs
Employer's Contribution to Pension Schemes
2025
2
£
20,500
0
0
20,500
2024
2
£
30,825
0
0
30,825

Trustee Remuneration

By provision of the charity's Governing Document, in their capacity as pastors,

Calvary Exeter is not an employer for the purposes of automatic enrolment currently as confirmed by the Pensions Regulator. Under the Pensions Act 2008, automatic enrolment duties no longer apply. If circumstances change in the future, Calvary Exeter will inform the Pensions Regulator

18

Calvary Exeter Year-end 31[st] August 2025

8. Fixed assets

Cost or Valuation
On 1st Sep 2024
Additions
Disposals
Revaluations
Transfers
On 31st Aug 2025
Depreciation and Impairments
On 1st Sep 2024
Disposals
Depreciation
Impairment
Transfers
On 31st Aug 2025
Net Book Value on 1st Sep 2024
Net Book Value on 31st Aug 2025
9 Debtors
Prepayments and Accrued Income
Insurance
Thirtyone:eight
Christian copyright
Utilities
Zoom
Find a Church
Guardian Security
Breathe HR software
Other Debtors
Breathe HR Software - refund
HMRC Gift Aid
Total
Exeter
Ministry
Equipment
Plymouth
Ministry
Equipment
Exeter Building
Improvement
£
£
£
2,200
3,880
5,932
0
1,702
3,687
-
(5,582)
-
-
-
-
-
-
-
2,200
0
9,619
(1,633)
(1,505)
(1,236)
-
1,505
-
(567)
-
(2,251)
-
-
-
-
-
-
(2,200)
0
(3,487)
567
2,375
4,696
-
0
6,132
2025
£
118
37
79
91
17
123
-
465
5,740
5,740
6,205
Exeter
Ministry
Equipment
Plymouth
Ministry
Equipment
Exeter Building
Improvement
£
£
£
2,200
3,880
5,932
0
1,702
3,687
-
(5,582)
-
-
-
-
-
-
-
2,200
0
9,619
(1,633)
(1,505)
(1,236)
-
1,505
-
(567)
-
(2,251)
-
-
-
-
-
-
(2,200)
0
(3,487)
567
2,375
4,696
-
0
6,132
2025
£
118
37
79
91
17
123
-
465
5,740
5,740
6,205
Exeter
Ministry
Equipment
Plymouth
Ministry
Equipment
Exeter Building
Improvement
£
£
£
2,200
3,880
5,932
0
1,702
3,687
-
(5,582)
-
-
-
-
-
-
-
2,200
0
9,619
(1,633)
(1,505)
(1,236)
-
1,505
-
(567)
-
(2,251)
-
-
-
-
-
-
(2,200)
0
(3,487)
567
2,375
4,696
-
0
6,132
2025
£
118
37
79
91
17
123
-
465
5,740
5,740
6,205
Total
12,012
5,389
(5,582)
-
-
11,819
(4,374)
1,505
(2,818)
-
-
(5,687)
7,638
-
6,132
2025
£
118
37
79
91
17
123
-
465
5,740
5,740
6,205
2024
£
252
36
242
135
91
10
94
97
957
192
12,011
12,203
13,160

19

Calvary Exeter Year-end 31[st] August 2025

10. Creditors

Creditors
Amounts falling due within 1 year
Accruals and Deferred Income
Accrued Utilities
Other Creditors
A Ley
Accountancy Fees
Independent Examination
Taxation and Social Security
2025
£
183
250
150
187
587
770
2024
£
51
28
120
180
412
740
791

11 Summary of the Assets and Liabilities of each Category of Fund

2025 2024
Unrestricted Restricted Total Unrestricted
Restricted
Total
funds funds funds funds
Tangible Fixed Assets 6,132 6,132 7,638 7,638
Current Assets: 166,399 166,399 143,350 143,350
Bank
Debtors 6,205 6,205 13,160 13,160
Creditors:
Due within one year -770 -770 -791 -791
177,966 0 177,966 163,357 0 163,357
12
Movement in Funds
Balance Income Expenditure
Tranfers

Balance
1st Sep 2024 31st Aug 2025
Unrestricted funds:
Exeter General fund 73,657 77,500 -57,925 22,440 115,672
Plymouth General fund 27,406 35,324 -40,289 -22,440 0
Building fund 62,294 62,294
Total Funds 163,357 112,824 -98,214 0 177,966

20

Calvary Exeter Year-end 31[st] August 2025

13. Related Party Transac�ons

Income

Income from dona�ons and legacies include £13,150 received from Trustees and Related Par�es.

Expenditure

All expenditure transac�ons involving related par�es are detailed in note 5, 'Trustee Expenses', and note 7, 'Staff Costs, Employee Benefits, and Trustees' Remunera�on'.

21