REGISIERED CHARITY NUMBER.. 115W13 COMPANY REGISTRATION NUMBER: 08755707 HOME sr ALBANS TRUSTEES REPORT AND ACCOUNIS FOR ThE YEAR ENDED 30 SEPTEMBER 201$
OME ALBANS INDEX TO THE ACCOUNTS FOR THE YEAR ENDED 30 SE MBER 2025 coNrEKTS &4 Rert of Truses alettl of nanCIal Aciiviiits Sta of Finan¢i41 Po5iti(Xl Nos io the Accounts
HOME sr ALBA LEGAL A AD ATION FOR THE YEAR ENDED JO SEPTEMBER 2025 Charity name.. Charity registrati numtr. 1156973 Charity address.. Vaughan Road HaTp¢n(kn AL3 4EE TtUSlees.' Ruth Piian Jernin3 Waits Marcia Hall L4nda John Adenike Olunloyo inyena Jugo Alva Ashleigh Marie Unden¥iKd Joshua Gardner Tanya AnatKlanaya8a Jererniah Olunloyo Gary Grant Marcus Ri (Resig Zl July2025) IResig]J ZO W15) (Resig1 30 21)25? {Al1¢d 29 (ktrthr2W24) (Appoinied 29 (kiobeT 2024) (Resigned 12 May 2025) {AFgL¥nted 2Y (krthr 20Z4) (ApwJ"nd 29(klrtr 20Z41 IAppx"nted 29(kls%r 20241 IAwThtyJ 29 (kiithr 20241 (kn#"gty¢d 29OEiobtt 2024) (Rw129(kth 2024) Independent ¢xarniner. Philip Dean FCA Hicks and Company anered Accnl Vaughan Chambe Vaughan Road AL5 4EE Bankers.. Nalional Wcstsninstet Bank pl¢ Page I
HOME ST ALBANS REPORT OF THE TRUSTEKS HE YFAR ENDED 30 SErfEMBER 2025 The Tnlsiees wlK> a also the Directors for the Purpos of c(Mry)any law. tKeseni 1r Tetth the financial statenMt5 of ihe charity for the year trmled 30 September 2025. The Irusiee5 have adwed the provisions of A¢¢ountikg and Re[lA8 by ChaTiiies.' SlaterInI of Recommended Practice applicable to charities prelirtg their a¢¢ounts in a¢¢(Kdan¢e with the Financial Rert1Trg Standard applicable in Ihe UK and Republic of Ireland IFRS102) leffe1ve llljanuary 2019). Objectives and Activities Objeclives and ain Home Si Albans exi5tS to advance thc awistiatt faith aThJ c1180 iniiiathves across thc UK and ECy0n We do this ihrough hosting fLthighily wcyship sexvices. Home At Hom¢ fiytnighdy rn2 up5, prayer rtKclinB5. organisingevangeli$ii¢ and discipleship evenis. and Partring with Ial ¢hur¢h¢s LO and serve ComlIe SignifKanl activitifs These are covered in Ihe Ac"t¥ements and PerfonnaKe dctsiis bcltsw. Pubil¢ benefit Th¢ trustees have paid due regard to the (arilY ConThissions Publi¢ Benefii Guidance and compiled with seclion 17{5) of the Charitie5 Aci 201 l in CAei$lg their p)wers and duues. and have soughi to de)nsIrdIe ihat the charity coniinues io provide beTLefits io Sultable persoth$ relate dire¢Uy w its thiecuyes. The benefits aye publicly availabk to all who qualify. Achlevenwits and Perf0mnCe Charbtable •cllvlti This year h&5 rnarked a iurning poiRI in the life or0urchuh. Through cmsiMefji in-p¢rson gatherings and the continued success of Home AL HottK. we have entercd a season of renewed subility and ¢ODDlI. li I% Ien a true blessing to wiiness our communily reawaken wilh coniinued strength and unity. Future developments The Chur¢h L£ad Paor wkn is Buidin8 the church into an exciting seasoN kal$ with a consthnt increased [LU5 developin8 individuals. Djain1n1Thg accounlabiliiy athd ertcouragirtg all slwe the vision of having a hean equalily. dhYer51ty and in¢lu$i(m. Strong fmUlts. Strong eburch. Strong comTWMity This year's iherne. Strong Church. has shad our direa1¢ a1 deed rniSsion. Thjr vision is clear.. culiivaie spiriiually vibrant pe¢)ple who will sirengihen the church and bn.ng afrt transfonnation in the wider world thr(gh G(d's power. Di5cipling Ihmgh the Alpha Course for adults and youth. Bible talk and HoTne Ai Home has seen a spiritual Tevival in the ckwrch ¢ommvniiy. We've seen powtrfully through bapiisms. wedding& new discipleship gDxhps. and the appointment of Iresh TS¢S. Our cixnmunily is in mimber. in spiriwal rnarnriiy. A highlight was the numberof new candIdaS we had for War Baptism not only nUnl¢allY i)ui $0 in the diveTSity of the Candidates. from ywth ioover year old adults. all races and baCkgr1Js. It was a rrflec¢ion of ihe growth and culiurally diverse make up of our ¢hur¢h. Pa$iors and C12 Leadership Team have becn active in universiiy ou¢r¢a¢h, marriage and relaiioDship ¢ounselling and we c(tinue to three Chilthen thrwgh World Vision's 'Chosen' progfdrnrne. Page 2
HOME ST ALBANS REPORT OF THE TRUSTELS FOR THE YEAR ENDED 30 SEFfEMBER 2025 Aehievenwits ond Performance ¢ontiDued Serving Th0gh Socil JtIce This summer. we continued Chariry Begin5 at Horne. a practical initiative led by our 111 justice Irn and the Ladies at Home. Through ihis iniiiaiive. church members supp)rt Ial rtsidcnis and church mcmbcrs with small but meaningful jobs around their homes. meals when peiyle are in rf continually suen8thcnin8 b(xth aNI 5haTing GLKI'S love in everyday ways. Ernbrncing the Di8ltl Mlsslon Fteld Our online presence c&¢la1]Y on YouTube hs ftourished ihanks io a dedicaied and passionate sc¢io1 M1? i¢am. Whil¢ we celebrate this growth. Ihert's a cleat ne£d (o nvxlernise our webm.ie io maich (r digi¢al impaci. Financial Review Fknanclal The Irusiees consider ti rffudeni maintain free Teserves equivaleni to aptmximaiely ihrec months of operating expenditure in order 10 provide fjnancial 5tabiliry. et unexr£thed CO5. and ensure the coniinuaiion of ihe Church's chariiable a¢iiviiies. Free ieserves Imnprise unrestricted fur¥Js available for8eneral use a1 exclwjc re5trictcd fuThJs held IOT specif pury)oses. Ai the year CTWJ. Ihe Church's [r SerVeS were below the tarbri Icvcl. Howcver. following the year erf unrestricied donations and regular giving have increased. enabling the Church to begin Tel11d}ng its reseives. The trusiees will ¢oniinue io nni10r th¢ ch,$ rinaRci31 posilion and seek io restore reserves the wgei level while sukwiing its (fflgoing chlb obje¢uve5. Inveslmenl policy Under the Memorandum and Anicles of ASSlla110n. the chariiy I the io rnakc any investment which ihe trustces stt fil. The have consideted the rn0 appropriate tx>licy for investing funds rnaximise interest on fund5 available. Reserves po]ky The tru5(ees consider li wudeni ihai UnTestri¢d reserves should be sufficient io cover three nN)nihs' Thnning ¢osts, whi¢h is approximately £32.1W. The chan.iy has & surplus on unttstri¢ied ServeS at the end of ihe r¢p)ning p¢riod of £12.192. Based on ihe measu$ the w$iee$ ha pui in place, they are confideni thal future income will tn3ble ihc charity to Teturn to holding suffi¢iet)i reserves io meei its ffseeable r*eds based oo planned aciiviiy. Risk magement Reasonable accuracy ai any time the fmancial p>siiion of the clwiiy and enable thern io ensure thai the financial siatenlenis comply wilh ihe C¢)mpanies A¢t 2(X16. The TNstees are also resrA)n5ible for safeguarding the &%sets of the Charity and hence for taking reasonable steps for thc prevention a1 detection of fraud and (her irre8ularilies. Strncture, Governance and managennt Governg document Home Si Albans is a reg]ered chartiable company limiied by guarniiee. which was iniiially in¢orpThied and registered as a charily on 31 (kiober 2013. The ¢ompany was esiablished undei a MenM)randum of AssociaLi¢)n which esiablished the thjecls and powers of the charlble Company and is governed under its Artirles of A$slatIL Organlsatlonal structure The Trustees, who are direciors for ibe purposes of C¢)mpany law and Tnle¢S foT the Pr[)se of Charity LAW. who served during the 11(1 are sei oui on page l of this repon. The >Wer0f aptM)iniing new TrusLee5 is vested in the existing Trustees of Home Si Albans. The organisauon will coniinue io stralepcally recruii new Trusiecs based on the skills and diversity of experience they ¢an bring to Home Si Alba. Page 3
HOME sr ALBANS REPORT OF THE TRUSIELS VOR THE YEAR ENDED 30 SEFfEMBER 2025 Yrwtees. rfsponsibikn¢i¢s s¢•l¢nKDt The Trusiees. who are also Directors forthe purJx)ses of company law. ffsp)Thsible fw pr¢poring the trustee5' re]x)rt and the financial statements in accordance with applicable law and Uniied .gdoM A¢couming StandaTd5 (United Kingdom Generally Accemed Accountin8 Practice). Company Law requires the ¢hariiy tryM¢es to pT¢par¢ financial each )Ear which ghve a tn and fair view of the s(aie of affaits of the charithble mpanY the incorning aThl applica) ofres(wces. including the iacom¢ and expendiiure. ihai periJ. In preparing ihcse financial s(arncnlS. Tru¢¢$ requiyed io: - seleci suitable aCcn11n8 11¢1¢5 and then a]Y th¢rn con$iMy. - observe the rneihods and principles in the applicable awiiies SORP: - make jjgementS and esiimaies ihai are r¢&s¢wble and prudeni: - prepare ihe fiD2ncial sleMents (h the g(xng cern basis unltss it is inappropria to presume ihai the charity will c¢)ntinu¢ in business. The Trustee5 are reSlS1b1e for keeping adequ acc(Ilg ¢($ thai are Sle1tnl lo denmmle and explain the charits transaction5 and disclose wilh reasonable x¢ura¢y at at)y iinK the fInala1 wJsitiiJn of the ctwity and enable them to ensure thai the financial Matements ¢¢Mply with the Companies Aci 2(Th. The Trustees are 81&0 responsible for safeguarding lh¢ ass¢is of th¢ charily and heKe for iaking reasonable sLeps fix the prevention a1 <ectIOn of fraud and (rtheT irregulariiie& Smau ComnY pr•Viq0 This report has Tren wepared in (OrdI1 with the provisions applicabk io companies urtiiled io the sma]I companies ex¢mpli. The rep was approved by (ffder of the Board of TnL4e¢s on 19 2026 awl sigtrd (Xh its 1lf by. J Olunloyo Chairp¢rson Page 4
HOME ST ALBANS INDEPENDENT EXAMINER'S REPORT TO THE TRUST OF HOME ST ALBANS FOR THE YEAR ENDED JO SEPIEMBER 2025 Independ¢n¢ exam1T'S report to ihe tnL4e¢5 of Home & Alb8AS I re[ 10 Ihe trustees on my examinauijn of the ruw121 Stsernen of Home St Albars for the year ended 30 SepieThber 2025. whi¢h are sei (MLI on Pages 6 to I Re4bon5ibilitie5 and ofreport As the charity's trusttts of Ihe Company {and aJ50 its dIred( ft¥ the purwJse5 of company law} you tespmsible for the prepar&(ion orihe firtancial siatennts in xclxdance with the requireThnts of the Conwies Aci 2(MJ5 nhe 21Th Aci,). Having saiisfied myself ihai ihe financial stsmeDts of the CY ar¢ required io be awh"i¢d und¢r Pan 16 of th¢ 20(kS A¢r and are eligible for indendeI examination. l ret in resFt¢t of my examinaiiot) of your ¢hariiy's financial ateMentS a5 carried out under seeiion 145 of the Chariies ACL 2011 {Ihe ?01 l Aa.). In cwing rny examination I have followed the applicable direciions given by Ihe ChaTiiy Comrnission under seciion 14515Mb) of the 2011 Aci. Independent exarniner's StateDllt I have completed my examinaiion. I confirrn that no rnatrTial tnauus have c(xne to my aitention in connE¢ti(m wilh ihe examinatL1 giving me cause to believe that in any material rcsrrtt: arcounting records were not kept in respect of Company as requirtd section 386of ihe 21K16 Aci: or 2. the financial SMentS do att(d with those ff¢05. or 3. the financial sraiem¢This do no¢ Comply with th¢ a¢¢ounting reqUIrennts olseuion 396 of the 2[ Act her than any requiremeDI thai th¢ fuwKial SwerneD give a'vue and fai¥ view. whi¢h is a rnaiier c¢)n5idered as Part of an independent examinaiion., or 4. ihe finarKial staiem¢ni$ have been prepared in awdanc¢ with the nth{th and principles of the Statennt of Reeommended Practiee acwjniing and reping by chariiies (applhcable to chariiie5 preparing ihcir accounts in accordance with the Financi31 Repjrting Stsndard applicable in thc UK and Republic of trcland IFRS 10211. I have no concerns and have con acrw noother mauets in connection with the examinion which auenuon shwld b¢ thawn in this rtPKpn in order (o enable a pryr utNJersthThJing of the fInKIal thiements io be rea¢ld. Philip Dean FCA Hicks andb- mpany Chartered AcwJntants Vau8h3n ChafftbeT5 Vaughan Road Harpendetl AIS 4EE Date.. 19 June 2026
HOME ST ALBANS STATEMENT OF FINANCIAL ACTIVITIES (Irating an IDcome EXlIre Att4)wi¢) FOR THE YEAR ENDED 30 SEYfEMBER 2025 X125 2024 Toial nd fund Income Grants and d[atIonS Inleres( inc(Mne Other 143J24 143J24 119.410 138 TO1 Income 143J54 143,354 119.550 Expendlture Charitable aclivlties Governance c051 129,71AI 129,7XI 125,445 Totsl ¢xpenthlure 130J94 130J94 126.225 Net incominW{Nt8oitsg) restwrtes and wvemttht in funds 11760 12,760 (6.675) Reconcili4llon or runts Tothl funds brought forwaTd (568) (568) 6.107 Tot*1 futsdsl{delklt) tarrled f•rward 13. Il192 12,192 1568) The now on pages 8 to I I part olthest fina[la1 thIeMe$. All of the above results are den.ved froni wminying aaiviiie5. There aTe DD th [liSed gains losses crfher than )se siattd above. Pag¢ 6
HOME ALBANS srATEMENT OF FINANCIAL posrrIoN FOR THE YEAR Ef4DED 311 SEVIEMBER 2025 UDrestricted Redricted Ne 2025 2024 ed 8ssets Tangible assets io. Current ssets Debiors Cash ai bank Total rnrr¢nt wets ii. 7AJI 14.0$2 21.4&1 7,431 14,052 21883 5,695 1.539 7,234 Current Liabilities Cr¢diiors'. Amounts [ling due within one year 7.803 Net currettt Oiabllltksy&se¢s 11191 11191 1569) Net I114biliti¢gyassets 11192 12,192 (568) The funds of the dmrity: Unresiricted funds 13. 11192 12,192 (568) For the year ended 30 Seprember 2025 the cotr4Jany w&$ ¢nuded io ¢x¢mMion from audit under section 477 of the Cornpanies Act 2(KJ6 relating io small cornpanies. Direc(ors responsibtlities= The rnembers h3ve not rrguired the company to (thin an audit of its financial siaiement for thc Jrar in question in accordance with section 476: . The direc1& ackt)owkdge their ttspot)shbilities complying with the tequitennts of the Aci wilh respeci to accouniing records aThd the preparatioTh of financi31 Statets. These fina[181 siaiennts have ien epared in xcord#rte with the provisions applible iocompanies subjeci 10 ihe small companies, re8in. The notes on pages 8 10 11 ((Ym part of these finaTKial statennts. The fit)ancial siamenis were approved by the Board of TTus*es on 19 June 2026 and We signed its behallby: J Olunloyo airFtrson Company regisuauon number. 08755707 Page 7
HOME ALBANS NIIILS TO THE ACCOUF FOR THE YEAR EI¥DED 30 SE l. Status and Basis ofAc¢oun Status Being a regisiered charity. Hotne St Alba is liable for thx10n on any of its inveMwKnt nor any other gains derived from carrying out lis charitable activitie& Ba515 ofaccounting The Financial staMents ofihe chariiy. which is a public benefit eniiiy under FRS102. have Ixcn prcparcd irt a¢[dance wilh the Charities SORP {FRS 1021 'Ac¢owiiing 2nd Repxting by Chan"lies: StaienKni of R¢cornned Practice applicable io chthrilies prepang iheir acc¢)unts in acconlance with Firtancial Retthing Siandard wlicable in the UK and Republic of Ireland (FRS 102) (effeciive January 20191.. Financial ReFx)rtJng Siandayd 102 'Th¢ Financial Re[ing Standard applicable in the UK and Rtpublic of Ireland. aThJ the Charilies A¢i 2011. The financial Maternents have been prepared under Ihe hisiorical c(w convention. l Aceountln Polkks Income Voluntary ineome and donatio are included in irKomiNg resr¢c$ when they aTe ff¢¢ivable. excew when the th)nots specify thai they musl be used in future accounting n(J$ ord(KYS' ¢othIiLiOnS have tNx been fulfilled. then the iiKon is deferred. The income from fundraising venture5 IS Shown gros$. WLth the acialed COSLS included in futmlraising casts. Governmeni grdnts are tecoBni5ed ai ihe lair value of the ass¢t rtt¢iv¢d receivabk. Grants alt not recognised uthil ihere is r¢asonable assurance that ihe thatiiy will comply with the condiii(w auachin8 to thern arwj the grants will bc Ir¢eived. E%ptndlture All expendiiure is inclu(kd on an arywals b&sis and i5 reco8nised Wh ilre is i legal orcwnwiiv¢ obliwion to pay f( exSe$. All ¢osts have en directly attributed to the fuTtion81 categories of reg)ur¢es ¢XFended. Chariiable a¢tiviiies eXnditUTe compn5e tho% cost5 IUr1ed in the (klivery of its ¥iiviiies and service5 for its beneficiaries Logeiher with suptth costs &S5LKiated with tnccling ihe ¢onsiiiuiional and SlUr0ry requirenKnts of tlK charity. Tartglbk fixed a&qels Tangible fjxed asseis are inilially recoTded at COSL aThJ subsequendy ¢ost less any accumulaied depreciation and impairment lOt&. Fund accounting All funds held by the charity are C(sdered unrestricted fuNls and are available to be in acwdance with the charithble Jje¢uv¢$ of each fund ai the discrelion of the TTUStee5. 3. IAmited b xratttee The company is limid by guarantee aTrJ has no slwe ¢ap11. In the eve of a winding up. every nr has undertaken to contribuLe a Sum exceeding £1. Pag¢ 8
HOME ALBANS NOTLS TO THE ACCOUNTS FOR THE YEAR ENDED 311 SEvfEMBER 2025 4. Grants and donailfjn5 202S 2024 Lknaiions Gift aid 127.317 l6.(X)7 143.324 127.317 I6.7 143.324 103.654 15.756 119.410 5. Anal sis of E% ndilure 2025 2024 EXndItre OD charitable %divities: D¢pr¢ciaii Salaries PMiSeS CQSIS Promotional costs Direct aciiviiy costs Administrative cosis Equipment purchased Home Foundation giving Manse cosis Legal cos Total ¢xpendilure 319 49.832 33.734 897 12.991 7.486 51,833 25,904 1.868 21.148 8.248 1.568 18,(XKJ 1.221 129,Th) 858 18.0 1.162 125,445 Governan¢e 21)25 2024 Indetaenl examination fee 780 7. Transaelion¥ wlth tnL%tees and relaled None of ihe Ttustees teceived any remunention their services &8Tntstees (2(r24'. none). Durin8 the year ended 30 September 2025 Home St Albans ttceived KAal donaiions with¢ condiiions fTom the 5¢rving TThsle¢s amourhtin8 (0 £12.41412024: £4.024). 8. Starrcosts The io¢al Srr c(6ts and enwloyee benefits for th¢ le11n8 wi(xl are aoalysed as follows: 2025 Wages a1 salarles Sla1 security cost5 Frnployer contributi(ms to plans 49J65 47.459 2,373 49,832 51133 No employees received employee benefits of nM)re than £fA).(#KI the year(2024.' none>. The averag¢ number of employees during th¢ y¢ar 2 (2W24:2). All ¢mph)yees arc cn8aged in deliverithg the charitable aims of the chUh. Pag¢ 9
HOME Sf ALBANS OTKS TO ThE ACCOUPITS FOR THE YEAR ENDED 30 SEPTEMBER 2025 9. Com ar4tiv¢$ ffjT th¢ Ststement of Adlvllks 2024 Total Grants and donallons Donaiions Gifi aid Investment income Inieresi rectived Other incou TO1 Ineome 103.654 15.756 103,654 15.756 138 119.550 138 119,550 Exndi¢llre ariiable activities Governance c(kst 125.445 780 125.445 780 Total expemllture 126.225 126.225 Net out¥OiD8 rewurces and In funds (6.6751 {6.675) Rec111110ti d futtds To(al fund5 brjh1 f(Thard 6.107 6,107 Total tan4ed forward 15681 (5681 10. Ta Equipnni Total Ai l Oci(thr 2024 Additions 16.923 16,923 A130 SeptemlKr 2(125 16.923 16.923 Depretialioti Ai l (ktober 2024 Charge for the year 16.922 16.922 At 30 Scptember 2025 16.922 16.922 Csrrylng amount At 311 September 201$ AI 30 Semember 2024 11. Deor5 2024 &Kial security and o¢her teS Other debt(Ks 7A31 7A31 5.695 5.695 Pag¢ 10
HOME ST ALBANS NOTES TO THE ACCOUNIS FOR THE YEAR ENDED 30 SEFfEMBER 2025 IL Credltor$: Amounts Falli Due Within One Year 202S 2024 Trade ¢r¢diiors Accruals aNI deFed income Social se¢uriiy and (ther taxes Other ¢rediiors 157 149 3.732 2.836 1.086 7,803 26 1,459 9392 13. Anal Sis Df chxrltable fwn¢ts Balae$ l (kiotr 2024 Transfer beiween funds Bolan¢¢s 30 SepL¢mb¢r 2025 Incoming (t801n8 Unreslricted Funds.. General ($681 (5681 143J54 143J54 {13OJ94) {130S94) 12,192 12.192 Bala[$ l Octobtr 2023 Trarn5fer betwe¢n funds Balances 30 Sepmber 2024 Incoming igoing UnTesui¢ted Funds.. General 6.107 6.107 119J50 119.550 {126.2251 1126.2251 {568} 15681 14L Anal sts of Assets and Liabililifs lo FuDds Ntl assets 30 September 2025 Fixed as5els Bank asseis liabilititS Unreswicwl FuNIs'. Gen¢ral 14.lJ52 14052 7,431 7A31 19 92) 19392) 11192 11192 Nei assets 30 Sepiember 2024 Fixed Current assets Current liabiliiies Bank Unresiricied Funds.. General 1.539 1539 5.695 5.695 (7.803) {7,803) 15681 15681 Pagell