Charity Registration No. 1157662 Scottish Charity Registration No. SC053118 ## **Reign Ministries** Trustees’ Report and Financial Statements For the year ended 31 August 2025 Reign Ministries **Contents of the Financial Statements** for the year ended 31 August 2025 ||Page| |---|---| |Trustees’Report|1 - 4| |Report of the Independent Examiner|5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Financial Statements|8 - 14| Reign Ministries **Report of the Trustees** for the year ended 31 August 2025 The Trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 August 2025. |**Principal office**|**Bankers**||| |---|---|---|---| |43 London Road|Barclays Bank|Cambridge and Counties Bank Redwood Bank|| |Bicester|36 Market Square|
Charnwood Court|The Nexus Building| |Oxon|Bicester|5B New Walk|Broadway| |OX26 6BU|OX26 6AQ|Leicester|Letchworth Garden City| |||LE1 6TE|SG6 3TA| ## **Status of Charity and Governing Document** Reign Ministries was originally established in 2008, then was registered as a Charitable Incorporated Organisation (CIO) with the Charity Commission on 1 April 2014. It is registered under charity number 1157662. On 13 February 2024, the charity was also registered with the Office of the Scottish Charity Regulator (OSCR) under Scottish charity number SC053118. ## **Objectives and activities** Our purpose is to advance the Christian faith, particularly amongst young people, and to encourage and support training and coaching in youth leadership. We meet these objectives by undertaking the following activities: - We deliver an undergraduate degree programme to train youth ministers (in co-operation with ForMission College and Newman University); - We train church and organisational youth teams (made up of employed and volunteer youth leaders) through online and in-person Expand programmes; - We have run a pilot to test new tools and methods to support, train and coach youth leaders and church volunteers; and - We sell resources to further equip youth leaders with tools to aid their work and support of young people. The trustees have had regard to the Charity Commission’s guidance on public benefit. ## **Trustees** The Trustees who served during the year and to the date of this report are: Dave Williams Chair Jenny Bodinham Claire Osman Alex Shoderu Josh Baker (appointed 8 November 2025) Carrie Heyward (resigned 13 January 2025) Dr Alan Stanhope (resigned 9 November 2024) There must be at least 3 charity trustees. Existing trustees provide suitable names for new trustees and following assessment of this list of names, individuals are invited to become trustees. They must be appointed by resolution at a properly convened Board meeting. New trustees are inducted and trained through provision of the constitution, the latest annual report and statement of accounts and any other documents necessary for them to gain an appropriate understanding of the Charity. The Trustees met online through the year and were able to conduct all their usual business without impediment. The day-to-day operations are delegated to the Managing Director, Kyle McKinnon. Page 1 Reign Ministries **Report of the Trustees** for the year ended 31 August 2025 ## **Achievements and performance** The 2025–26 year has been one of transition and strengthening for Reign Ministries. While not all anticipated partnerships came to fruition, the period has been marked by new opportunities that align with our long-term vision for developing disciple-making leaders. The partnership shift from Formission to Moorlands College brought clarity to our educational role and allowed Reign Ministries to focus on resourcing local leaders and strengthening our national disciple-making network. Our training initiatives have reached hundreds of leaders across the UK, and the Disciple-Making Project continues to grow as a vibrant and maturing community. Organisationally, team transitions and the sale of the Moto property have positioned Reign for a more sustainable and focused ministry future. Key metrics for the year: **----- Start of picture text -----**
Area Outcome (2024–25)
Training Venues 8
Leaders Trained ~250 (paid and volunteer)
Disciple-Making Project Members 70 active participants
Partnerships Explored 1 major partnership (Greenhouse)
Degree Transition Formission →Moorlands College
Team Transitions 2 (Charlie and Jessie)
Property Developments Moto property in sale process
**----- End of picture text -----**
## **1. Partnership Developments: Greenhouse** Exploratory discussions were held with Greenhouse regarding a potential partnership. While constructive, these conversations did not lead to a formal collaboration. The door remains open for future consideration, though this is not currently a strategic focus. ## **2. Degree Programme Transition** Following the financial closure of Formission, Reign worked with Moorlands College to ensure continuity for students. This transition has released Reign from direct campus management while maintaining engagement through support for local leaders and hubs. Reign’s role now focuses on: 1. Assisting local leaders who have prospective students connecting with Moorlands; 2. Facilitating local learning clusters through the existing hub model; 3. Providing disciple-making training that complements academic study. This approach strengthens Reign’s relational and network-based leadership development model. ## **3. Training of Local Leaders** Throughout the academic year, Reign delivered disciple-making training in eight venues, engaging approximately 250 leaders across the UK. These sessions focused on practical disciple-making principles applicable to both paid and volunteer leaders. A proportion of participants have pursued further development or joined the Disciple-Making Project community, demonstrating encouraging long-term engagement. Page 2 Reign Ministries **Report of the Trustees** for the year ended 31 August 2025 ## **Achievements and performance (continued)** ## **4. The Disciple-Making Project** The Disciple-Making Project (DMP) continues to grow as a national learning community. Approximately 70 leaders are currently active participants, connecting through weekly online prayer gatherings and bi-monthly action teams. The community is demonstrating increasing maturity, cohesion, and effectiveness. Reign’s strategic financial investment in the DMP this year aims to support its expansion and long-term sustainability, positioning it as a key expression of our disciple-making mission. ## **5. Team Developments** The Reign team continues to evolve: Charlie concluded his employment with the organisation. Jessie stepped down from her role as she begins a new chapter in motherhood. These changes represent both personal and organisational transitions that reflect the ongoing life and growth of the ministry. ## **6. Property Stewardship** The Moto Reign has initiated the sale of the Moto property. This decision aims to free organisational capacity currently allocated to property management and redirect those resources toward mission priorities. Proceeds from the sale will be reinvested strategically to strengthen ministry sustainability and future growth. ## **Future plans** Looking ahead, Reign will focus on: Deepening the Disciple-Making Project community and expanding its reach; Developing new leader training pathways rooted in relational disciple-making; Continuing partnership with Moorlands College to support local leader engagement; Completing the sale of the Moto and reinvesting funds in ministry innovation and development. As Reign enters this new chapter, our commitment remains clear: to equip leaders who make disciples and to see the Church across the UK renewed through authentic, reproducing disciple-making movements. ## **Financial review** ## _**Results for the year**_ The financial statements for the year are set out on pages 6 to 14. The Statement of Financial Activities on page 6 reflects net expenditure of £3,580 (2024: net expenditure of £28,990). Total funds at the end of the year were £474,360. ## _**Reserves**_ The Trustees aim to hold the equivalent of 3 months of general expenditure in the general fund at any time as a contingency to cover unforeseen costs which may arise. Total reserves amounted to £474,360 (2024: £477,940). This was made up of £99,157 (2024: £102,330) of unrestricted general reserves, £375,203 (2024: £375,610) of unrestricted designated reserves and £nil (2024: £nil) of restricted reserves. The unrestricted general reserves in place at the year-end therefore met our reserves policy. ## **Statement on risk** The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have considered those risks and are satisfied that they have introduced procedures to mitigate the possible effects of those risks. Page 3 Reign Ministries **Report of the Trustees** for the year ended 31 August 2025 ## **Statement of responsibilities of the Trustees** Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its income and expenditure for that year. - In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable the Trustees to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for taking such steps as are reasonably open to them to safeguard the Charity’s assets and to prevent and detect fraud and other irregularities. ## _**On behalf of the Trustees**_ ## **Dave Williams** ## _**Chair**_ XX February 2026 Page 4 ## Reign Ministries ## **Report of the Independent Examiner to the Trustees** for the year ended 31 August 2025 I report on the accounts of the charity for the year ended 31 August 2025 which are set out on pages 6 to 14. ## **Respective responsibilities of Trustees and Examiner** The Charity Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011, the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The Charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Basis of Independent Examiner’s statement** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations (as amended) and the Charities Act 2011. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent Examiner’s statement** In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with Section 130 of the Charities Act 2011, Section 44(1) (a) of the Charities and Trustee Investment (Scotland) Act 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and - to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended) have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Alison Franks CA Director** XX February 2026 Cornerstone Accounting Ltd Chartered Accountants 11 Erngath Road Bo’ness EH51 9DP Page 5 ## Reign Ministries ## **Statement of Financial Activities** For the year ended 31 August 2025 |**General Designated Restricted**
**funds**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**Income and endowments**
Donations and legacies
**2**
**4,154**
**-**
**12,955**
Charitable activities
**3**
**26,800**
**-**
**-**
Other trading activities
**4**
**41,749**
**-**
**-**
Investments
**5**
**3,263**
**-**
**-**
**Total income and endowments**
**75,966**
**-**
**12,955**
**Expenditure**
Raising funds
**6**
**6,966**
**-**
**-**
Charitable activities
**7**
**72,173**
**407**
**12,955**
**Total expenditure**
**79,139**
**407**
**12,955**
**Net income/(expenditure)**
**(3,173)**
**(407)**
**-**
Transfers between funds
**11**
**-**
**-**
**-**
**Net movement in funds**
**(3,173)**
**(407)**
**-**
Total funds brought forward
**102,330**
**375,610**
**-**
**Total funds carried forward**
**99,157**
**375,203**
**-**
**Represented by:**
General funds
**11**
**99,157**
**-**
**-**
Designated funds
**11**
**-**
**375,203**
**-**
Restricted funds
**11**
**-**
**-**
**-**
**Total funds**
**99,157**
**375,203**
**-**|**2025**
**Total**
**£**
**17,109**
**26,800**
**41,749**
**3,263**
**88,921**
**6,966**
**85,535**
**92,501**
**(3,580)**
**-**
**(3,580)**
**477,940**
**474,360**
**99,157**
**375,203**
**-**
**474,360**|General
funds
£
7,181
35,831
39,300
3,623
85,935
6,515
99,775
106,290
(20,355)
-
(20,355)
122,685
102,330
102,330
-
-
102,330|Designated
funds
£
-
-
**-**
-
-
-
407
407
(407)
-
(407)
376,017
375,610
-
375,610
-
375,610|Restricted
funds
£
13,515
1,200
960
-
15,675
-
23,903
23,903
(8,228)
-
(8,228)
8,228
-
-
-
-
-|2024
Total
£
20,696
37,031
40,260
3,623
101,610
6,515
124,085
130,600
(28,990)
**-**
(28,990)
506,930
477,940
102,330
375,610
-
477,940| |---|---|---|---|---|---| The notes on pages 8 to 14 form part of these financial statements. Page 6 Reign Ministries ## **Balance sheet** As at 31 August 2025 |**General **
**Notes**
**funds**
**£**
**Fixed assets**
Tangible assets
**8**
-
**Total fixed assets**
**-**
**Current assets**
Debtors
**9**
**6,065**
Cash at bank and in hand
**94,052**
**Total current assets**
**100,117**
**Liabilities**
Creditors: falling due within one year
**10**
**960**
**Net current assets**
**99,157**
**Total assets less current liabilities**
**99,157**
**Net assets**
**99,157**
**Funds of the charity**
General funds
**11**
**99,157**
Designated funds
**11**
**-**
Restricted funds
**11**
**-**
**Total charity funds**
**99,157**|**Designated **
**funds**
**£**
**375,203**
**375,203**
**-**
**-**
**-**
**-**
**-**
**375,203**
**375,203**
**-**
**375,203**
**-**
**375,203**|**Restricted**
**funds**
**£**
-
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**£**
**375,203**
**375,203**
**6,065**
**94,052**
**100,117**
**960**
**99,157**
**474,360**
**474,360**
**99,157**
**375,203**
**-**
**474,360**|General
funds
£
-
-
9,375
96,508
105,883
3,553
102,330
102,330
102,330
102,330
-
-
102,330|Designated
funds
£
375,610
375,610
-
-
-
-
-
375,610
375,610
-
375,610
-
375,610|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-|2024
Total
£
375,610
375,610
9,375
96,508
105,883
3,553
102,330
477,940
477,940
102,330
375,610
-
477,940| |---|---|---|---|---|---|---|---| The financial statements on pages 6 to 14 were approved by the Trustees on XX February 2026 and signed on their behalf by: _________________________________ ## **Dave Williams** Trustee The notes on pages 8 to 14 form part of these financial statements. Page 7 Reign Ministries **Notes to the Financial Statements** for the year ended 31 August 2025 ## **1. Accounting policies** ## _**Accounting convention**_ The financial statements are prepared under the historical cost convention and in accordance with the Charities Act 2011, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Financial Reporting Standard 102 and in compliance with the Charities SORP 2019 (FRS 102). The principal accounting policies adopted in the preparation of the financial statements are set out below. Reign Ministries meets the definition of a public benefit entity under FRS 102. ## _**Basis of financial statements**_ The financial statements have been prepared on an accruals basis. The Trustees consider that there are no material uncertainties so the accounts have been prepared on the going concern basis. ## _**Income and debtorsr**_ All income is recognised when the Charity is legally entitled to the income, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably. Debtors are valued at cost at the year-end and adjusted for any amounts considered to be irrecoverable. ## _**Expenditure and creditors**_ Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Support costs are those costs incurred directly in support of expenditure on the objects of the charity. Creditors are valued at cost at the year-end and split between amounts due in less than one year and amounts due in more than one year. ## _**Taxation**_ The charity is exempt from Corporation Tax on its charitable activities. ## _**Tangible fixed assets and depreciation**_ Only tangible fixed asset additions over £1,000 are capitalised and are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives, as follows: Land and buildings 0% Building improvements 10% straight line Fixtures, fittings and equipment 20% straight line (previously, reducing balance) ## _**Cash at bank and in hand**_ Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of four months or less from the date of acquisition or opening of the deposit account. ## _**Fund accounting**_ For the purpose of the Statement of Financial Activities, funds are defined as follows: - _Unrestricted general_ funds comprise income received for the objects of the charity without further specified purpose and are available as general funds. - _Unrestricted designated_ funds comprise those funds ringfenced by the Trustees for a particular purpose in the year ahead. - _Restricted_ funds comprise income which has been received for the objects of the charity and specified for a restricted purpose within these objects by the donor. Page 8 Reign Ministries **Notes to the Financial Statements** for the year ended 31 August 2025 ## **1. Accounting policies (continued)** ## _**Operating lease income**_ Rentals under operating leases are credited to the Statement of Financial Activities on a straight-line basis over the lease term. ## _**Pensions**_ The charity operates a defined contribution pension scheme. The pension charge represents the amount payable by the charity on behalf of its employees. ## _**Donated goods, facilities and services**_ The Charity did not benefit from donated goods or facilities in the year. Volunteer numbers and activities are disclosed in the notes to the accounts. Page 9 Reign Ministries ## **Notes to the financial statements** For the year ended 31 August 2025 ## **2. Donations and legacies** |Donations
Gift aid reclaimed
Fundraising income
**3. Charitable activities**
Degree income
Event income
Consultancy income
**4. Trading income**
Venue hire
Flat rental
Resources sales
**5. Investments**
Bank interest
**6. Expenditure on raising funds**
Flat rental costs
Paypal fees
Fundraising resources costs|**General**
**funds**
**£**
**3,693**
**461**
**-**
**4,154**
**General**
**funds**
**£**
**21,555**
**1,675**
**3,570**
**26,800**
**General**
**funds**
**£**
**9,500**
**32,249**
**-**
**41,749**
**General**
**funds**
**£**
**3,263**
**3,263**
**General**
**funds**
**£**
**6,931**
**35**
**-**
**6,966**|**Restricted**
**funds**
**£**
**12,955**
**-**
**-**
**12,955**
**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**£**
**-**
**-**
**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**|**Total**
**2025**
**£**
**16,648**
**461**
**-**
**17,109**
**Total**
**2025**
**£**
**21,555**
**1,675**
**3,570**
**26,800**
**Total**
**2025**
**£**
**9,500**
**32,249**
**-**
**41,749**
**Total**
**2025**
**£**
**3,263**
**3,263**
**Total**
**2025**
**£**
**6,931**
**35**
**-**
**6,966**|General
funds
£
5,091
1,015
1,075
7,181
General
funds
£
30,298
1,333
4,200
35,831
General
funds
£
9,500
29,644
156
39,300
General
funds
£
3,623
3,623
General
funds
£
6,449
42
24
6,515|Restricted
funds
£
13,515
-
-
13,515
Restricted
funds
£
-
-
1,200
1,200
Restricted
funds
£
-
-
960
960
Restricted
funds
£
-
-
Restricted
funds
£
-
-
-
**-**|Total
2024
£
18,606
1,015
1,075
20,696
Total
2024
£
30,298
1,333
5,400
37,031
Total
2024
£
9,500
29,644
1,116
40,260
Total
2024
£
3,623
3,623
Total
2024
£
6,449
42
24
6,515| |---|---|---|---|---|---|---| Page 10 Reign Ministries ## **Notes to the financial statements** For the year ended 31 August 2025 ## **7. Expenditure on charitable activities** |**_Direct charitable expenditure_**
Degree conference costs
**_Indirect charitable expenditure_**
Wages and salaries
Pension costs
Redundancy costs
Other staff costs
Contractor costs
Cluster leaders
Training materials and printing costs
Venue hire and event costs
Rates and water
Insurance
Heat and light
Repairs and maintenance
Office, telephone and IT costs
Conference expenses
Advertising
Travel and subsistence
Legal and professional fees
Trustee expenses
Transfer to Start to Stir charity
Accounting fees
Pension admin fees
Independent examination fee:
2025 fee
2024 fee (over-accrued)
*****
Depreciation
Bad debts
Bank charges
Sundry expenses
**Total expenditure**|**General**
**funds**
**£**
**6,520**
**34,727**
**1,200**
**4,000**
**303**
**782**
**1,170**
**296**
**1,070**
**3,641**
**867**
**5,780**
**2,052**
**3,119**
**-**
**27**
**1,317**
**1,638**
**202**
**-**
**2,286**
**317**
**960**
**(240)**
**-**
**25**
**102**
**12**
**72,173**|**Restricted**
**funds**
**£**
**-**
**12,955**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**12,955**|**Total**
**2025**
**£**
**6,520**
**47,682**
**1,200**
**4,000**
**303**
**782**
**1,170**
**296**
**1,070**
**3,641**
**867**
**5,780**
**2,052**
**3,119**
**-**
**27**
**1,317**
**1,638**
**202**
**-**
**2,286**
**317**
**960**
**(240)**
**-**
**25**
**102**
**12**
**85,128**|General
funds
£
6,824
46,830
1,236
-
976
17,197
1,908
344
1,373
2,592
1,060
3,580
2,947
1,872
1,971
326
1,608
984
177
-
2,288
300
-
1,200
-
1,895
102
185
99,775|Restricted
funds
£
-
13,515
-
-
-
531
-
62
-
-
278
-
130
365
-
2,433
-
144
-
6,445
-
-
-
-
-
-
-
-
23,903|Total
2024
£
6,824
60,345
1,236
-
976
17,728
1,908
406
1,373
2,592
1,338
3,580
3,077
2,237
1,971
2,759
1,608
1,128
177
6,445
2,288
300
-
1,200
-
1,895
102
185
123,678| |---|---|---|---|---|---|---| Support costs have not been separately identified as the trustees consider there is only one charitable activity. Depreciation of £407 (2024: £407) has been charged in the year through the designated assets fund. The average number of staff during the year was 4 (2024: 6). No employees were paid more than £60,000. Key Management Personnel of the Charity are defined as the Managing Director. His remuneration totalled £20,528 (2024: £20,715). No accrual has been made for holiday pay at the year-end as there were no material amounts due. Redundacy payments of £4,000 were made in the year to 1 employee of the Charity. Page 11 Reign Ministries ## **Notes to the financial statements** For the year ended 31 August 2025 ## **8. Tangible fixed assets** |**_Cost_**
At 1 September 2024
At 31 August 2025
**_Depreciation_**
At 1 September 2024
Charge for the year
At 31 August 2025
**_Net book value_**
At 31 August 2025
At 31 August 2024|**Land and**
**buildings**
**£**
373,875
373,875
-
-
-
**373,875**
373,875|**Property**
**improvements**
**£**
2,658
2,658
1,064
266
1,330
**1,328**
1,594|
**Fixtures,**
**fittings and**
**equipment**
**£**
2,487
2,487
2,346
141
2,487
**-**
141|

**Total**
**£**
**379,020**
**379,020**
**3,410**
**407**
**3,817**
**375,203**
375,610| |---|---|---|---|---| The property owned by the charity is the office premises at 43 London Road, Bicester and comprises an office, an open meeting space and a self-contained flat. ## **9. Debtors** |Trade debtors
Prepayments and accrued income
Other debtors|**General**
**funds**
**£**
**475**
**5,330**
**260**
**6,065**|**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**|**2025**
**£**
**475**
**5,330**
**260**
**6,065**|General
funds
£
2,550
5,810
1,015
9,375|Restricted
funds
£
-
-
-
-|2024
£
2,550
5,810
1,015
9,375| |---|---|---|---|---|---|---| ## **10. Creditors: falling due within one year** |Deferred income
Accruals
Taxation and social security|**General**
**funds**
**£**
**-**
**960**
**-**
**960**|**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**|**2025**
**£**
**-**
**960**
**-**
**960**|General
funds
£
1,675
1,385
493
3,553|Restricted
funds
£
-
-
-
-|2024
£
1,675
1,385
493
3,553| |---|---|---|---|---|---|---| Page 12 Reign Ministries ## **Notes to the financial statements** For the year ended 31 August 2025 ## **11. Funds movements Current year** |**Balance at**
**1 Sept 2024**
**Unrestricted funds**
**£**
General fund
102,330
Designated assets fund
375,610
**Total unrestricted funds**
**477,940**
**Restricted funds**
C Staff support fund
-
**Total restricted funds**
**-**
**Total charity funds**
**477,940**
**_Prior year_**
**_Balance at_**
**_1 Sept 2023_**
**_£_**
**_Unrestricted funds_**
General fund
_122,685_
Designated assets fund
_376,017_
_498,702_
_l_
_d f_
_d_
**_Restricted funds_**
_Resources project fund_
_8,228_
_C Staff support fund_
_-_
_8,228_
**_Total charity funds_**
_506,930_|**Income**
**£**
75,966
-
**75,966**
12,955
**12,955**
**88,921**
**_Income_**
**_£_**
_85,935_
_-_
_85,935_
_2,160_
_13,515_
_15,675_
_101,610_|**Expenditure**
**£**
(79,139)
(407)
**(79,546)**
(12,955)
**(12,955)**
**(92,501)**
**_Expenditure_**
**_£_**
_(106,290)_
_(407)_
_(106,697)_
_(10,388)_
_(13,515)_
_(23,903)_
_(130,600)_|**Balance at**
**Transfers 31 Aug 2025**
**£**
**£**
-
**99,157**
-
**375,203**
**-**
**474,360**
-
**-**
**-**
**-**
**-**
**474,360**
**_Balance at_**
**_Transfers 31 Aug 2024_**
**_£_**
**_£_**
_-_
_102,330_
_-_
_375,610_
_-_
_477,940_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_477,940_| |---|---|---|---| ## **Explanation of funds** ## _**Unrestricted funds:**_ _The General fund_ represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is designated or restricted. _The Designated assets fund_ holds the fixed assets of the Charity separately from the liquid assets. ## _**Restricted funds:**_ The _Resources Project fund_ represents donations received to fund the development of resources such as videos and printed materials for sale to Christian youth workers. The _Staff support funds_ arise where employees are partially self-supported, that is, where the Charity agrees a fixed salary to be paid out of general funds, but the employees can also fundraise for additional salary costs. All these additional salary costs are paid through payroll with the necessary deductions of tax and national insurance. ## **12. Operating leases** At 31 August 2025, the Charity held two operating leases as the lessor: The office space in Bicester is let directly. A 2 year lease agreement expired on 31 August 2024 and is continuing now on a month to month basis. The flat is let through a property letting agency who are paid a 13% management fee on all rental income. No income is guaranteed where the flat is not let and the agreement can be terminated with 3 month's notice. Page 13 Reign Ministries ## **Notes to the financial statements** For the year ended 31 August 2025 ## **13. Pension commitments** The Charity operates an auto-enrolment pension scheme with Smart Pension Limited for all eligible employees. Employer contributions to the scheme are disclosed in note 8. ## **14. Trustee and related party transactions** There was no remuneration paid to Trustees during the year ended 31 August 2025 (2024: nil). Total expenses of £78 were paid to 1 Trustee for travel (2024: £124 to one Trustee) and £124 was paid for refreshments at trustees meetings and leaving gifts (2024: £53). Matt Bodinham, the son of trustee Jenny Bodinham, is employed by the Charity and received remuneration of £6,153 (2024: £5,707) in the year. Unrestricted donations of £120 (2024: £289) were received by the Charity from Trustees and related parties. ## **15. Volunteers** We have 6 volunteers who support the Charity through specific roles and responsibilities in coaching or advisory capacities. There are up to a further 10 volunteers that have assisted at charity events on an ad hoc basis. Page 14