CHARITY REGISTRATION NUMBER: 1161631
KINGS CHURCH SWANSEA
Unaudited Financial Statements
31 March 2025

KINGS CHURCH SWANSEA
FlnanGial Statements
Year ended 31 March 2025
Page
Trustees, annual report
Independent examinerfs report to the trustees
Statement of financial activities
10
statement of financial position
11
Notes to the financial statements
12

KINGS CHURCH SWANSEA
Trustees. Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudlted finanGial statements of the charlty for the year
ended 31 March 2025.
Reference and adminlstratlve details
Reglstered charity name
KINGS CHURCH SWANSEA
Charity reglstration number
1161631
Prlncipal office
The trustees
Mr D Morgan
Mrs E Morgan
Mr M Thomas
Mr D Brown
Mrs R White
Independent examiner
Carl West ACA
43 Brynymor Road
Gowerton
Swansea SA4 3EY
Structur8, governance and management
Kings Church Swansea is a user led organisation for the advancement of the Christian falth for the
publiG benefit and became a registered charity (Reg No= 1161631) in 2015.
As a reglstered charity, Kings Church Swansea has a constitutional document that Ilsts the work we
do and how we do it. As such, we have to adhere to the rules, regulations and legislalion as set by the
Charities Commission.
We also have a set of accessible operational policies and prO￿dureS that show clearly what to do in
certain circumstances. We have strict financial systems in place to carefully monitor expenditure.
Kings Church Swansea is run and directed by a Management Committee of memb8rs, Irustees and
people from Ihe community that have an interest in our work and are equipped with knowledge and
Skills to help. They meet periodlcally to discuss our current services and potential future projects.
At the end of each flnancial year a Trustees Annual Report is prepared and independently examined.
Annual Accounts are compiled.
Annual General Meetings held in accordance with our constitution each year.

KINGS CHURCH SWANSEA
Trustees. Annual Report (continued)
Year ended 31 March 2025
Objectives and activitlOS
The objects of the charity are the advancem8nt of the Christian faith for the public benefit in the UK
and suoh parts of th@ world that the trustees think fit according to the statement of beliefs.
The main objectives are to:
The prevention or relief of poverty
Religiou5 activities
Human rlghts l Rellglous or raclal harmony l Equality or dlv8rsity
Kings Church Swansea looks to help the general public 2nd mankind In ggneral.
Kings Church Swansea does thls by providing human resources, use of a building with facilities, open
space and provides services.

KINGS CHURCH SWANSEA
Trustees. Annual Report (Gontinued)
Year ended 31 March 2025
Achlevements and performance
Over the last year we have continued to see Dur congregatlon growing In slze and most weeks we are
pleasantly surprised to still see new faces popplng In to join our servlce. Our multl-cultural
congregatlon consists of white British, Southern American's, German, Nigerians, and Jamaicans and
South Afrlcans. Its so great for us to see this, people from all different places coming together in the
name of Jesus,
Through the Media of Zoorn and Facebook Llve, we still contlnue to stream our meetings for those
who cannot physically attend or for the famllles that still contlnue to join us online that are not from our
area, such as our friends frorn Uganda.
We continue with our: .
o Weekly Sunday Morning service meetlngs In our Swansea Building
o Connect Group meetings every Wednesday evening in both our Swansea and Llanelli Bulldings o
Early morning prayer meetings over Zoom
o Praise & Worship PraGliGe every Monday evening and early Sunday morning o Regular Trusteg
Meetings
The Church WhatsApp groups continue to prove integral in keeping us all togethor, on a dally basls as
a support network and encouragement for both the congregatlon and its leaders. These consist of..
o Klngs Church Group - Main church group (whole congregation} for daily words of encouragement
for all, not1￿ of event5 etc
o One Arlse- Ladies group
o Prayer group
o Pastors group
o Leaders group
o Trustees group - k@ep UpToD818 and be able to make decisions
o Daily Christian Literature group
We also still use the WhatsApp groups for diFFerent departments to help in the running, organising and
planning of church. These still prove to be of great benefit.
o Kids ChurGh Workers group
o Worshlp group
o Hospitality Group
o Conneot Groups
o Vesty Coffee shop Group- for the volunteers
'As a church we continue to support 'One for Israel,. A ministry in the heart of Israel, proclaiming
salvation to Israel, raising up leaders and equipping them with the tools they need to transform their
communitles. 'We continue to support Pastor Ray Bevan's ministry with a small monthly contribution.
Ray Bevan is the founding Father of 'Kings Church, and after pastoring the same church for 25 years,
he now continu8S to minister the Gospel of the Grace of God, worldwide. Our support to him in thls
fulfils our responsibility to action the Command given to us by our Lord Jesus Christ in Mark 16,.15.
"We continue to support compassion who are a18ading Christian children's charity who fight poverty
globally. We now sponsor 5 children through Compassion, Our contribution helps towards deliverfng a
child developmeNt programme. With each child Ihat gets sponsored, children, families and entire
communities are being empowered to overcome poverty and thrive both now and Into the future. We

KINGS CHURCH SWANSEA
Trustees. Annual Report (contlnued)
Year ended 31 March 2025
continue to partner wlth Andrew Wommack Ministries. We sow Into the ministry by giving £50 a month.
Through partnerlng wlth them, we are not just supportlng a mlnSstry, we are supporting th8 Gosp81.
Belng part of The monthly Grace Partnership, we are helplng to share th8 Gospel cf God's
unconditional Love and Grace through various forms of media, some of these materials of Andrews
teachings are also given free to inmates and to those who need It most. It also helps to raise up
d15clples through the Charis Bible college programme they run, to found churches and missions
across the globe, and to disciple Pastors and Leaders, sowlng into their communities and feeding
them both physlc811y and spiritually. conllnue to partner with 'Tree of Life Church,. They have
agreed for the foreseeable future to sow into us by blessing us monthly with £200, and we ar@ sowing
back to them with £50 a month.
'Emma contlnues lo deal wlth the admin side of things and to galn advlce and guidance from the
'Thinklng Church, service5, for this, along wilh both David and Emma who speak to them for advice
regarding the structure and vlslon of the 2 church buildlngs moving forward. Regarding all the
governance- as We l The Charity, are now in receipt of all our documents from the old soliGltors and
being able to seek guldance from a new solicitor to be able to put all the governance back in order, we
reached out to Anthony Collins Solicitors to retJresent us. These solicitors were highly recommended
to us as they deal with churches and charlties. They have begun working through all our documents to
put everylhlng in order. On 413124 the trustees agreed to us becoming a CLO moving forward, this was
relayed back to the sollcltors, and then afler receiving an advlce note from them to consider which fee
optlon, we the Trustees agreed to fee opticn 1, All thls work will ensure all documents are in order and
to enable u5 to move forward with becoming 'Klngs Church Neiwork,.

KINGS CHURCH SWANSEA
Trustees, Annual Report (Gontlnued)
Year ended 31 March 2025
Achievements and performance (contlnugd)
'In October 24, The Vestry coffee shop put forward a request to F(ings Church Swans&a Charity, for at
the start of Ihe new year of January 25, for a £1000 advance working capital for the Vestry Coffee
shop Project. with the aim that by 2026 all money will be paid back, and the coffee shop will be in
profit of £fjOOO Itself. This was agreed by the truslees. With an account system in place, they are
tracklng all aCt￿vItY. Every month they have covered the capital spent and made a small profit. We are
already very confident that not only wlll they be able to pay back the advance working capital to the
charity, but before the estimated time of 2026 as well.
The Vestry, in Llanelll continues to be open weekly for Coffee shop, soup kitchen, and an evening
church meeting. It also continues to run regular comrnunity Wardrobes. Emma has continued the
relationshlps with dlfferent organisations In the local area of Llanelli, so that each time we hold a
'Community wardrobe, they can 18t thelr clients know. These slill work very well and are greatly
appreciated in the community- It still hires a Gleaner once a week. In December 24, they put on a Big
Christmas event for the community of Llanelli. with a Santas grotto for the children, and clothes and
toys available to help parents out during the Christmas season,
'Emma ha5 carried on utilising the Facebcok groups called. 'Llanelli Unseen,, and 'Llanelli life, events
& community spirit, where she puts regular up(Jates and photos on there of what we are dolng at the
Llanelli church for people to see our ongoing progress since opening 'Th8 Vestry,, and to advertise the
weekly golngs on. and any upcoming events.
'John and Susan Donnelly, Pastor5 from Scotland, and who are a huge part of Andrew Wommack
Ministries, got in touch wlth Pastors David & Emma Morgan, to arrange to travel down and spend the
weekend wilh us, mlnlstering lo us, and getting lo know us as a church and individually amongst the
Pastors l Leaders, With the additlonal aim for Pastors David & Emma Morgan to be put forward as
regional advocates for the whole of Wales, Mflth the ARMI programme under Andrew Womm8ck
Ministries. This weekend went ahead in November 24, and shortly after that weekend, the Lead
Pastors of Kings ChurGh Swansea, Davld and Emma Morgan, vwere invited by John Donnelly to be the
UK head of ARMI (Association of Related Ministries Internation81), to be the Regional leaders of ARMI
for Wales and West, under Andrew Wommack Ministries.
'Mike Ssamukala I Charis Bible College Uganda
We are very encouraged by the ongoing progress of Mlke Ssamukala at Charis Bible College (Andrew
Wommack Mlnistries) in Uganda. As trustees, we agreed last year to fund his first-year tuition fees
(approximately £500), with the understandlng that this would support his commitment to the full
Ihree-year programme. We're pleased to confirm that Mike has completed his firsl year successfully
and is now well into his second year. Given his consistent dedication, slrong perfDrmance, and regular
weekly updates, in January this year, 2025, we approved funding for his second-year luilion (also
approximately £500, converted to Ugandan shillings). He remains Dn track to complete year two and
proceed into his third and final year. The vision the Pastors of our Charity have, is still to put Mike
through Charis completely, and eventually ordain him as Pastor of Kings Church Uganda.

KINGS CHURCH SWANSEA
Trustees, Annual Report (contlnued)
Year ended 31 March 2025
Flnanclal revlew
The accounts have been prepared In accordance with the Statement of Recommended Accounting
Practice ISORP 2005). As a result they do not contain an "Income and Expenditure Account" but
rather a "Statement of Financlal AGtlvltles.' This shows total incoming resources offset against total
resources expended.
The charity's net incoming resources of £56,507 conslsts of donatlons receivable and income from a
coffee shop.
Incomings exceeded outgoing resources by £924.

KINGS CHURCH SWANSEA
Trustees, Annual Report (contlnuad)
Year ended 31 March 2025
Plans for future periods
New Objectlves
The followlng objectives have been identified for the imme(Jiate'.
o Continue Working with the new solicitors - Anthony Collins Solicilors and 'Thinking Church,. to relook
at both our Charity structure and our Charity Name
o To start our Sunday Afternoon Services from our Llanelli Church building in July this year- 2025.
o Conferences - start planting I holding our own 'Kings Church Swansea, conferences.
o Spend time on the maintenance of our Swansea Church building and upgrading the bullding / items
where needed.
o Hold regular women'5 and men'8 programmes
o To hold the 'Community Wardrobes, more regularly - aiming to get to once a month
o Look into linking up with different local provid8rs in Llanelli to use our 'Hub Room, at The Vestry,. to
be a presence there once a week, being able to sign post people, offer courses, training, Support and
advlce, amongst many other ideas.
Longer Term Objectives
o See if we can bring extra income into the church by hirlng the vestry hall I smaller rooms out for
birthday parties, classes, workshops, meetings etc.
o Look into funding options 8nd grants that may be available for us to continue with the huge
renovations of the Llanelll bulldlng
o Project - Outside Courtyard space - renovate and have as an extension from the Vestry kitchen with
a beautiful colourful outside space for people lo sit and enjoy wlth a coffee and a sandwich.
We continue to move forward together, the Pastors, the leaders and the ever-growing congregation,
eager and so excited to see what the Lord is going to do over the rest of this year in our Swarlsea
building and in our Llanelli building when we open the doors from July, and moving forward into year
2026.

KINGS CHURCH SWANSEA
Trustees. Annual Report (contlnued)
Year ended 31 March 2025
The trustees, annual report was approved on 21 July 2025 and signed on behalf of the board of
trustees by:
Mr D Morgan
Trustee

KINGS CHURCH SWANSEA
Independent Examiner's Report to the Trustees of KINGS CHURCH SWANSEA
Year ended 31 March 2025
I report lo the trustees on my examination of the financial staternents of KINGS CHURCH SWANSEA
{'the charity,) for the year ended 31 March 2025.
Responsibllltlos and basls of report
As the trustees of the charity you are responsible for the preparation of th8 financial statements in
accordance with the requlrements of the Charitie8 Act 2011 {'the Act,).
I report in respect of my examination of the charity's finanolal statements carried out under secllon 145
of the 2011 Act and in carrylng out my examlnation I have fcllowed all the applicable Directions given
by th8 Charlty Commission under section 145{5){b) of the Act.
Independent examinerfs statement
I have comp18t8d my examlnation. 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:
accounting recorés were not kept in respect of the charity as requlred by section 130 of the
the financial statements do not accord with those records,. or
the financial statements do not comply with the applicable requirements conceming the
form and content of accounls set out in the Charities (Accounts and Reports) Regulations
2008 other than any requirem8nt that the accounts give a 'true and falr, view which is not a
matter considered as part of an independe.nt examinatlon,
I have no concerns and have come across no other matters in connection with the examination lo
which attention should be drawn in this report in order to enable a proper understanding of Ihe
accounts to be reached.
Carl West ACA
Independ6nt Examiner
43 Brynymor Road
Gowerton
Swansea
SA4 3EY
21 July 2025

KINGS CHURCH SWANSEA
Statement of Financial Activities
Year ended 31 March 2025
2025
UnrestriGted
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Other trading activities
Investment inccme
55,014
1,458
35
55,014
1,458
35
67,847
28
Total Incom8
56,507
56,507
67,875
Expenditure
Expenditure on charitable actlvities
Total expenditure
<55,583)
(55,583)
(55.583)
(55,583)
(58,1881
(58,1881
Net incomo and net movement in funds
924
924
9,687
Reconclliation of funds
Total funds broLJght forward
Total funds carrled forward
68,623
68,623
58,936
69,547
69,547
68,623
The statement of flnancial activities includes all gains and losses recognised in the year.
All Income and expendlture derive from continuing activities.
Tho notos on pag88 12 to 18 forni part of these flnancial statements.
10

KINGS CHURCH SWANSEA
Statement of Flnancial Position
31 March 2025
2025
2024
Notg
Fixad assets
Tangible fixed assets
13
68,379
68,15g
Current assets
Cash at bank and in hand
15,6e8
12,924
Credltors: amounts falllng due withln one year
Net current assets
14
12,500
3,168
12,460
464
Total assets less currant liabllltles
69.547
68,623
Funds of the charlty
Unrestricted funds
69,547
68,623
rotal charity funds
15
6g,547
68,623
These financial statements were approved by th& board of trustees and authorised for issue cn 21
July 2025, and are signed on behaEf of the board by:
Mr D Morgan
Trustee
The notes on pages 12 lo 18 form part of these flnanclal statements.
11

KINGS CHURCH SWANSEA
Notes to the Flnancial Statements
Year ended 31 March 2025
General information
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is 146 Loughor Road, Gorselnon, Swansea,
SA4 6QX.
Statement of compliance
These financlal Statements have been prepared in compliance wlth FRS 102, The Financial
Reportlng Standard applicable in the UK and the Republlc of Irgland,, the Stalement of
Recommended Practice applicable to charities preparing th@ir awounts in accordance with the
FlnanGlal Reporting Standard applicable in the UK and RepubliG of Ireland (FRS 102) (Charities
SORP {FRS 102)) and the Charities Act 2011.
Accounting policies
Basis ol pr8paration
The financial statements have been prepared on the historical cost basis, as modlfied by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial Statements are prepared in sterling, which is the functional currency of the entity.
Golng concern
There are no material uncertainties about the Charity's abllity to continue.
Judgements and key sources of estimation uncertalnty
The preparation of lh8 financial statem8nts requires management to make judgements.
estimates and assumplioNs that affect the amounts reported. These estlmates and judgements
are continually r8viewed and are based on experience and other factors. including expectatlons
of future events that are believed lo bo reasonable under the Circumstan￿8.
Fund accounting
Unrestrlcted funds are available for use at the discretion of the trustees to further any of the
harity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrlctions on their expenditure declared by the donor or
through the terms of an appeal, and fall Into one of two sub-classes: restricted income funds or
endowment funds.
12

KINGS CHURCH SWANSEA
Notes to the Flnancial Statements (contlnued)
Year ended 31 March 2025
Accountlng pollcles (¢ontlnuodJ
Incoming resources
All incomlng resources are included In the statement of financial activitles when entitlement has
passed lo the charity,. It is probabla that the economic benefits associatgd with the transaction
will fTow to the charity and the amount can be reliably measured. The following speciflc policie8
are applled to partlcular categories of income:
income from donations or grants is reoognisgd when there is evldence of anlitlement to the
gift, rec9iPt is probable and Its amount can be measured reliably.
legacy income is reGogni8ed when recelpl is probabla and entitlement is establlshed.
Income from donated goods is measured at the fair value of the goods unless this is
Impractlcal to measure reliably, in whlch case the value 18 derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognlsed in the
acGounts when received tf the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of $8rvices is reocgnised with the delivery of the
contracted servlce. This 15 classified as unrestricted funds unless there Is a contractual
requirement for it to be spent on a parlicular purpose and returned if unspent. in which case
it may be regarded as restricted.
Resources expended
Expendlture is recognised on an accruals basis as a liability is Incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raislng funds illcludes the costs of all fundraising activit18s. events,
non-charitable trading activities, and the sal8 of donated goods.
expendilure on charitable activities includes all costs Incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support Gosts and costs relating to the governance of the charlty apportioned to charitable
activitles.
other expenditure includgs all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charltable activities.
All costs are allocated to expendlture calegories reflecting the use of the resource. Direct costs
atlributsble to a Single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and conslstent basis.
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and Impalrment losses. Any tangible assets carri8d at revalued
amounts are recorded at th8 fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated imp8irmenl losses.
13

KINGS CHURCH SWANSEA
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (contlnued)
Tanglble assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which il offsets any prevlous revaluation gain, in which case the loss is shown within
other recognised gains ané losses on the slatement of financial activilles.
Depreclatlon
Depreciation is calculat8d 80 as to write off the cost or valuation of an asset, less It5 residual
value, over the useful economic life of that asset as follows:
Freehold properly
Plant and machinery
2Q/o Straight line
25Q/o Straight line
Impairment of fixed assets
A review for indicators of impairment is Garried out at each reporlillg date, with the r8coverabl
amount being estimated where such indicators 8XiSt. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also r8viewed for
possible reversal at each reporting date.
For the purposes of Impalrment testing, when it is not possible to estimate the r8coverable
amount of an Indlvidual asset, an estimate is made of the recoverable amount of the
cash-generatlng unSt to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assels.
For impairment testing of goodwill, the goodwill acquired in a busines8 combination is, from the
acquisition date, allocated to each of the Gash-generatlng unlts that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabililies of the charity
are assigned to those units.
Flnancial Instruments
A financial asset or a financial liability is recognised only when Ihe charity become5 8 party to th8
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current Ilabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt Instruments are subsequently measured at amortised cost.
Where Investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the Investment is subsequently measured at fair value with changes in fair value
recognlsed in income and expenditure. All other such investments are subsequently measured at
C05t less impairment.
14

KINGS CHURCH SWANSEA
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2025
Accountlng pollcies (conunued)
Financlal instruments (contlnued)
other financial instruments, including derivatives, are initially recognised al fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rale of interest
that is not a market rate, in whlch case the asset is measured at the present value of the fvture
payments discounled at a market rate of Interest for a simllar d8bt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised In the statement of financial activities. with the exceptlon of hedging instruments in a
deslgnated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of Impairment at the end of each reporting date. If there is oblecllve evidence of impairment, an
impairment IDSS is recognised under the appropriate heading in the statement of financial
activities In which Ihe initial gain was recognlsed.
For all equity Instruments regardless of Signrficance, and other financial assets that are
Individually significant, these are assess8d indivldually for impairment. Other financial assets are
either assessed individually or grouped on the basis of slmilar credit risk characteristics.
Any reversals of Impairment are recognised immedlately, to the exlent that the reversal does not
result in a carrylng amount of the finanGial asset that exceeds what the carrying amount would
h8ve been had the impalrment not previously been recognlsed.
Donatlons and legacie8
Unrestricted Total Fund8 UnrestrlGted Total Funds
Funds
2025
Funds
2024
Donatlon5
Donations
55,014
55,014
67,847
67,847
Other trading activitles
Unreslrlcted Total Funds Unrestrlcted Total Funds
Funds
2025
Funds
2024
Shop incom8
1,458
1,458
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Fund5
2024
Bank interest receivable type 1
35
35
28
28
15

KINGS CHURCH SWANSEA
Notes to the Flnancial Statements (continued)
Year ended 31 March 2025
Expendlture on charitablg activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Aotivity typ8 1
55,583
55,583
58,188
58,188
Expenditure on charitable activities by activlty type
Aclivilies
undertaken Total funds
directly
2025
Total fund
2024
Activity type 1
55,583
55,583
58,188
N8t Income
Net income is stated after chargingllcrediting)..
2025
2024
Depreciation of tangible fixed assets
1.780
1,780
10. Independent examination f888
2025
2Q24
Fees payable to the indep8ndent examiner for..
Independent examination of the financial statements
500
44D
11. Staff costs
The average head count of employees during the year was Nil {2024.' Nil).
No employee received employee benefits of more than £60,000 dLtrlng the year (2024,. Nil).
12. Trustee remuneration and expenses
No remuneralion or other benefits from employment with the charily or a related entlty were
received by the trustees.
16

KINGS CHURCH SWANSEA
Not8S to the Flnancial Statements (contlnued)
Year ended 31 March 2025
13. Tanglble flxod assets
Freehold
property
Plant and
machlnery
Total
Cost
At 1 Aprll 2024 and 31 March 2025
Dapreciatlon
Al 1 April 2024
Charge for the year
At 31 March 2025
71,801
3.692
75,493
4.332
1.436
3,002
344
7,334
1,780
5.768
3,346
9,114
Carrylng amour]t
At 31 March 2025
e6,033
346
66,379
At 31 March 2024
67,469
690
68,159
14. Creditors: amounts falllng due withln one year
2025
2024
Other creditors
12,500
12,460
15. Analysis of charitable funds
Unrestrlcted funds
At
51 March 202
At
1 Aprll 2024
Income Expenditure
General funds
68.823
56,507
{55,583)
69,547
Al
31 March 202
At
1 April 2023
Income Exp8ndilure
General funds
58,936
67.875
(58,188)
88,é23
17

KINGS CHURCH SWANSEA
Notes to the Flnancial Statements (Gontsnued)
Year ended 31 March 2025
16. Analysis of net assets between funds
Unrestrlcl8d Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
66,379
15,668
{12,500)
69,547
66,379
15,668
<12,500)
69,547
Unrestricted Total Funds
Fund8
2Q24
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
68,159
12,924
112,460)
68,623
. 88,159
12,924
(12,460)
68,623
18