## **Report of the Trustees** **and Unaudited Financial Statements for the Year Ended 31 March 2025 for St Thomas Syro Malabar Catholic Church Bristol** Registered Company Number: 09288800 (England and Wales) Registered Charity Number: 1160432 ## **St Thomas Syro Malabar Catholic Church Bristol Contents of the Financial Statements for the Year Ended 31 March 2025** ## **Contents** ||**Page**| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4| |Statement of Cash Flow|5| |Notes to the Financial Statements|6| |Summary Income and Expendeture Accounts|9| ## **St Thomas Syro Malabar Catholic Church Bristol Report of the Trustees for the Year Ended 31 March 2025** ## **Report of the Trustees** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 09288800 (England and Wales) ## **Registered Charity number** 1160432 ## **Registered office** 9 Eden Grove Bristol BS7 0PQ ## **Trustees** Jackson Joseph (Appointed on 08 October 2025) Karol Thomas (Appointed on 08 October 2025) Jojo Sebastian (Appointed on 28 May 2025) Mebin Chacko (Appointed on 04 May 2025) Manuel Mathew Rev Abison Joseph Jomon Paul Rev George Thomas Chelackal Sr Saliamma Joseph ## **Independent Examiner** Sruthi Nair Associate Chartered Accountant Approved by the order of the board of trustees on 14 January 2026 and signed on its behalf by .................................. Rev Abison Joseph. **St Thomas Syro Malabar Catholic Church Bristol** ## **Independent Examiner's Report to the Trustees** ## **Independent examiner's report to the trustees of St Thomas Syro Malabar Catholic Church Bristol ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part I6 of the 2006 Act and are eligible for independent examination, l report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 201l Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. confirm that no matters have come to my attention in connection with the examination giving me cause to believe: I. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). l have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sruthi Nair 14 January 2026 ## **St Thomas Syro Malabar Catholic Church Bristol Statement of Financial Activities for the Year Ended 31 March 2025** |**Notes**
**Income and endowments**
Donations and legacies
Other trading activities
2
**Total**
**Expenditure on charitable activities**
Church project
Depreciation
4
Interest expense
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Year ended**
**31 March 2025**
513,952
9,800
**523,752**
96,258
9,835
62,955
**169,049**
**354,704**
1,215,425
**1,570,129**|**Year ended**
**31 March 2024**
250,235
38,324| |---|---|---| |||**288,559**
29,594
-
-| |||**29,594**| |||**258,965**| |||956,460| |||**1,215,425**| The notes form part of these financial statements ## **St Thomas Syro Malabar Catholic Church Bristol Statement of cash flow for the Year Ended 31 March 2025** |**Net income for the reporting period**
Adjustments for:
Depreciation charges
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operating activities
**Cash flows from investing activities:**
Purchase of property, plant and equipment
Net cash provided by (used in) investing activities
**Cash flows from financing activities:**
Repayments of borrowing
Cash inflows from new borrowing
Net cash provided by (used in) financing activities
**Change in cash and cash equivalents in the reporting period**
Cash and cash equivalents at the beginning of the reporting period
**Cash and cash equivalents at the end of the reporting period**|**Year ended**
**31 March 2025**
354,704
9,835
19,360
90,125
-
**293,774**
1,955,974
-
**1,955,974**
**-**
13,712
-
1,287,000
**1,273,288**
**388,913**
**-**
455,434
**66,521**|**Year ended**
**31 March 2024**
258,965
-
23,860
-
74,551
-| |---|---|---| |||**160,554**
123,311
-| |||**123,311**
**-**
-
-| |||**-**| |||**37,243**
418,191| |||**455,434**| ## **St Thomas Syro Malabar Catholic Church Bristol Balance sheet 31 March 2025** ||||**As at**||**As at**| |---|---|---|---|---|---| ||**Notes**||**31 March 2025**||**31 March 2024**| |**Fixed assets**|||||| |Tangible assets|4||2,946,822||1,000,683| |Capital advances|||4,500||-| |**Total**|||**2,951,322**||**1,000,683**| |**Current assets**|||||| |Debtors|5||-||23,860| |Cash at bank and in hand|||66,521||455,434| |**Total**|||**66,521**||**455,434**| |**Liabilities**|||||| |Creditors: Amounts falling due within one year|6|-|193,672
-|-|264,552
-| |**Total**||**-**|**193,672**
**-**|**-**|**264,552**
**-**| |**Net current assets or liabilities**||**-**|**127,151**
**-**||**190,882**| |**Total assets less current liabilities**|||**2,824,171**||**1,191,565**| |Creditors: Amounts falling due after more than one year|7|-|1,254,043
-||-| |**Total**||**-**|**1,254,043**
**-**||**-**| |**Net assets**|||**1,570,129**||**1,191,565**| |**The funds of the charity**|||||| |Unrestricted funds|8||1,570,129||1,215,425| |**Total charity funds**|||**1,570,129**||**1,215,425**| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 14 January 2026 and were signed on its behalf by .................................. Rev Abison Joseph. The notes form part of these financial statements **St Thomas Syro Malabar Catholic Church Bristol Notes to the financial statements for the Year Ended 31 March 2025** ## **1 ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided using the following useful life in order to write off each asset over its estimated useful life. Building - 30 Years Furniture and fixtures - 5 Years Tangible assets identified as held for sale is not depreciated. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **St Thomas Syro Malabar Catholic Church Bristol Notes to the financial statements for the Year Ended 31 March 2025** |**2 OTHER TRADING ACTIVITIES**
Rental income|**Year ended**
**31 March 2025**
9,800
**9,800**|**Year ended**
**31 March 2024**
38,324| |---|---|---| |||**38,324**| ## **3 TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the period ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the period ended 31 March 2024. ## **4 TANGIBLE FIXED ASSETS** |**COST**
At 31 March 2024
Additions during the year
Depreciation for the year
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024|**Free-hold land**
961,635
1,324,852
-
2,286,487
961,635|**Buildings**
-
557,400
6,435
-
550,965
-|**Furniture and**
**fixtures**
39,048
73,722
3,400
-
109,370
39,048
**As at**
**31 March 2025**|**Total**
1,000,683
1,955,974
9,835
-| |---|---|---|---|---| |||||2,946,822
1,000,683
**As at**
**31 March 2024**| ## **5 DEBTORS** |Prepayments
-
**-**
**6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Amounts falling due within one year on demand - other advances
174,427
Short term portion of long term borrowings
19,245
Other creditors
-
**193,672**
**7 CREDITORS: AMOUNT FALLING DUE AFTER ONE YEAR**
Term loan from Charity Bank
1,254,043
**1,447,714**|23,860| |---|---| ||**23,860**
262,000
-
2,552| ||**264,552**
-| ||**264,552**| ## **St Thomas Syro Malabar Catholic Church Bristol Notes to the financial statements for the Year Ended 31 March 2025** ## **8 MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Total funds**
**Unrestricted funds**
General fund
**Total funds**|**As at**
**01 April 2024**
1,215,425
1,215,425
**As at**
**01 April 2023**
956,460
**956,460**|**Incoming**
**resources**
523,752
523,752
**Incoming**
**resources**
288,559
**288,559**|**Resources**
**expenses**
169,049
-
169,049
-
**Resources**
**expenses**
-29,594
**29,594**
**-**|**As at**
**31 March 2025**
1,570,129| |---|---|---|---|---| |||||1,570,129
**As at**
**31 March 2024**
1,215,425| |||||**1,215,425**| ## **9 RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. ## **St Thomas Syro Malabar Catholic Church Bristol Summary income and expendeture accounts for the Year Ended 31 March 2025** |Donations and legacies
Fund raising events
Gift aid
Rental income
**Gross income in the reporting period**
Expenses for fundraising events
Insurance
Electricity and water
Depreciation
Interest expense
Other expenses
**Total expenditure in the reporting period**
**Net income (expenditure) for the financial year**|**Year ended**
**31 March 2025**
267,813
217,221
28,919
9,800
**523,752**
59,301
5,793
1,172
9,835
62,955
29,992
**169,049**
**354,704**|**Year ended**
**31 March 2024**
189,059
61,176
-
38,324| |---|---|---| |||**288,559**
23,476
3,081
1,972
-
-
1,065| |||**29,594**| |||**258,965**|