CowyrE&i5tslltion n￿￿l￿. 09164176 Charity te8i5tratioA number. Il62583 St Swithun's Bournemouth Known &s LOVECHURCH (A company limited by guardnte¢) Annual Report and Financial Statemellts For the year ettded 31 December 2025 Oak Accounting Ltd Independent Examiner 27 B￿ott Road Wallisdow Bournemouth Dorset BHII 81U St Swithun's Bournemouth Known LOVECHURCH Contents RefereD¢e and Administrative D¢tai]s Trustees, Report Indq)endent ExaTniner's Report Statement of Financial A¢tivAties Balance Sheet 9-10 Notes to the Financial Statements 11-21 St Swithun's Boumemouth Known as LOVECHURCH Reference and AdMI￿trative Details Charity Registratioll Number 1162583 Company Registration Number 09164176 The ¢harity is in￿[POrated in England Registered Off￿e St Swithun's Cburcb Gervis Road Bournanouth Dorset BHI 3ED Trustees rllnothy Jobn Matthews Matthew Jolm Brearley R&signed 5th August 2025 Festus Fatal Adedoyin Chris Muir Christine D¢ Silva Debi Matthews Ell￿beth Rthnall Ap￿]nted 7th August 2025 Keren Toska Apw>inted 7th August 2025 Peter Lord Aptx)inted 19th December 2025 Cjuis Park Appointed 19th December 2025 Clwis G￿1 son Ap￿)i]￿ed 19th D￿ember 2025 Ind¢p¢ndent Examiner Oak Accounting Ltd Indq)endent Fxaminer 27 Bascott Road Wallisdown Bourncmouth BHII 8RJ St Swithun's Bournemouth Known &s LOVECEtURCH Trustees, Report The trustee5 (who are dirertors for the purposes of company law} present the annual ￿l￿)rt together wrih the financial ststements of the tharitable companyfor the year ended 31 December 2025. Qbiectives, values and artrvilles Lovechurch Is a vlbrant thurch In the ￿ntre of Bournemouth and part of the HTB Network of Churches. We were planted into St Swfthun's Church from HTB in London in 2014. Our vision 15 to be a communtty of people following Jesus, famgu5 for love. We love God, k)ve people and love life. We believe that church is God's Instrument on earth to demonrtrafr and enart Hi5 love for all of creation, Our cultural values are to always be: Relational Livlng out our lovefor God and our knve for one another, taking time to Ilsten patiently, speak couTrgeously, and forgNing one another when we have done wrong. Evangellstlc We constanttytalk ab)ut Jesus and always refer back to Him asthe pattern for our lives and revelatlon of who God is. Adventur¢)us Life is a journey that we are on together, sometimes it hurts but through everythin8 we seek to encourage and help one another to walk lrto the freedom and dignty that Jesus has won for US. Leamin8 We a￿ always growlng together and leamlng more about Grrfs love and HIS plan forour Achle¥ements and perf0m￿nCe We thank God for His blessing and faitlrfulnes5 in 2025. The hlghllghts of the year v￿re. All durinÈ the year. the number of people attending our Sunday Servi￿ ha5 been growin& which we interpret as a sign of the Quiet Reviwdl. Ihttps:/lwww.biblesLKiety.orB.uVresearth/qulet-revivall We celebrated retuming a BMUP to the Church of England church In Rlngwcxxl to strengthen new mlnlstry. The New Milton revrtalisatton projeLt vras inrtiated in partnershlp wlth the Di0￿e and the Parlsh C￿n01 with Its new Incumbent. In JU￿. we joined with five other thurche5 to baptise 92 people on the beach in Boumemouth. In Au8USt, our Youth group attended the Satellites Festlval. In September, we opened a 2417 prayer room. The National Lottery Heritsge Fund awarded us a grant of £250,CtN) to restore the west window. to Install an air source heat pump heatin8 SVStem and a programme of communtty engagement. During the year, two staff members were selected forordination in the Church of England and then stsrted their Pla￿ment with Lovechurch. In October, we welcomed back our Senior Leaderfim Matthews to fulktime mIn￿ry wlth Lovechurch. In November, we joined with the Bournemouth Church Collective to h05t an event with Bear Grylls to launch hls new book The Greatest Story Ever Tokl". Leading up to Christmas we were blessed by amazlng seNlces led by our Kids, Youth and Student and Young Adult minthes. Our regular programme contlnued throughout the year. On Sundays, we hold two seNlces and a thrlvln& often over-subscribed, Kids and Ywth programme. Sunday evening at Lovechurch is attended by many students from the nearby untversty. Our weekday church actNities complement our Sunday programme and include prayeri youih ministry. student min551ry, women and men's groups and the Alpha course. In 2025, we held an Alpha course each tem) with a total of 109 guests. We also ran the Marriage course for 12 couples in the Autumn term. Many of our church member5 meet during the week in Connect Groups, some are on-line and some in-per50n. By the end of 2025. we had 13 groups with 178 peO￿e registered overall. Our work wlth our communrty around Lovechurch includes providing CAP debt counselling and lrfè skllls trdining and working with Spear Bournemouth ￿l$tingdisad￿dntaged 16-24 year-olds into sustained employment and training. We also run the weekty Inspire Café where people with chlldren between I￿4 years old can come together. Finalty. we host the Health Bus for outreach to disadvantaged members of our a)mmunty On￿ a week We pray for and enable Chrlstlan leadershlp in every sphere of BCP'S society, including leader5 In medla and the arts,. Bovernment: educatlon." I￿Siness,. the famlly: healthcare and the charity seLtor, and ordained leader5 for the thurch. We see Ou￿e￿e$ as stewards of God5 gift of creation and have a strong environmental focus, tsrgeting net-zero rarbon emissions by 2030. In August 2024 we achieved EoJchurch Silver underthe A Rocha UK'5 Award Stheme. Flnanclal Review In 2025, we reported a net 5urplusof £49,51XI in unre5trictsd funds and a net surplus of £13,625 in restricted funds. Restyltted fun(ts of £215,913 were received during the year and £202.288 were spent. Thi5 15 a lar8oincrease over 2024 due to the ￿CeIpt of 50% of the £250,O¢J) gfdnt from thè National Lottery Heritsge Fund ￿ferred to above. Other large amounts received in 2025 were for space and environmenL and foDcwnmunity projects. The balan￿ of restricted funds at the end of 2025 was £59,570. We expect to spend these funds in the coming year. An analysis of restricted funds is laid out in note 17. Unrestrlcted Income increaS￿bY 5.0% from the prhx yEarto £417,580, explained by increased congregatlonal glvlng. UnresfriL*ed expenditure decreased by 4.8% to £368,080 to efforts to reduce costs during the year.The surplu5 on unrestrlcted funds was added to reseNes brought foThvard of £327,512, gEvlnE unrestricted re5er¥e5 carried forward at the end of 2025 of £377.012. Net Cu￿nt assets excludlng any property related k)ans. 4jr.free reserves". were £42,072 on 31 December 2025. This represented lust under 6 weth of eXpend[tU￿ compared to our wlicy whlch 15 to aim to have ffte reserves" representing at least 13-26 weeks of expendlture. However, these free resetves ￿u$ annual regular rnOnth￿ donation income from our congregation, represented over one year's net expenditure. We are act￿￿￿SeekingwayS of increasin8 regular ￿vIng In order to Increa￿ the reserves. Plans for Future Perfods Lovechurd) wlll contlnue to operate in furtherance of the objertives and Wdlues outllned above. All our activities will continue, aTrd a finanual t￿dget has been prepared to ensure that adequate resources are In place. We wll continue to seek Go(Ys guidance on all we do and trust HIM to bless our worship and work in ourcommunity. In particular, we feel that God Is leadlng us to a season of evangelism. We will work wlth other churches in Bournemouth, Christchurch and Poole to mobllLse th￿ vision and engage all spheres of lrfe wlth the gospel. Structurei governance and man4ement St Swithun'5 Bournemouth is a company limited by guardntee and a registered ch8rity. The charity is incorporated In England and qualffj￿ as a smaller charity under the Charlty SORP. New tnjstees can be appointed bythe existing trustee5. Five new trustees were appointed in 2025 and one resigned. Durlng the year. a Blshops Mlsslon Order signed defining our lyl status wlthln the Church of England. Publlc benefit The trustees Confinn that they have complled wlth the requirements of seetlon 4 of the Char￿leS Act 2011 to have due regard to the public benefit Suidan￿ published by the Charlty Commission for England and Wales. The annual report was approved by thetTUStees of the tharity on 19th March 2026 and signed on behalf by: Reverend Timothy Matthews, Trustee St Swithwi'5 Bournemouth Known &$ LOVECHURCH Indepondent EzAmknerfs Report to the trusttts of St STrTtthuM's Bournemoutb ("the Cornp4ny' I report to the ch8rity trnstees on my examination of the accounts of th¢ Company for th¢ yegr ended 31 De¢¢mber 2025. RespO￿$1b1llt1e$ alld b*sRy of report As the charity's trustees of the Company (and also its dirxtOT5 for the pur]x)ses of company law) you ore responsible for the prepaTation of the a¢¢ounts in accordance with the requirements of th¢ Companies Art 20[￿ ('the 21JJ6 Act.). Having satisfied myself that the accounts of St SWIth￿'s Bournemouth are Dot required to be audited under Part 16 of the 2006 Act and are eligible for Inde￿ndent examination, I reIM)rt in respect of my exami[￿tIOn of your charity's ￿¢￿llnts as Carri￿￿ out under section 145 of the ChaTities Act 2011 ('th¢ 2011 Act,). In carrying out my examination L have followed the Directions given by th¢ Ch&Tity C1)mmi￿lon under section 145(5)(b} of the 2011 ACL Independent eumiuer's sthtement Since the Compatys gross income exceeded £250.(MK) your examiner must mcmbcr of a b(xly listed in section 145 of the 2011 A¢L 1 confinll that l qualified to urdertajte the examination because l am a member of A&wciation of Accouoting Tecbuicians. which is one of the lis*d b￿1¢5. I have Completed my examinatioL I CODfirni that no matters hav¢ to my attention in connection with the examination giving me cau8e to believe: . accoimting rccords were not kept in rw of S¢ Swithun's Bowllernouth rryuired by sectioll 386 of the 2(M)6 Act,. or 2. the accounts do not a¢¢ord with th(tse record8. or 3. th¢ ￿coUnts do not comply with thc accounting requiretnents of s¢cti¢)n 396 of th¢ 2(K)6 A¢t otber tE)an any requirement that thc accounts give a'true and fair view, which is not a tnatter CoL8idCr￿ as part of an inikpcndent exatnination" or 4. the accounts have ￿t I￿en prepared in acwrd2n¢¢ with thc lltho(L5 and principles of the Statement of Reeonllnended Practice for aecounting atyj re￿￿￿￿g by charities [applicable to ¢]]arities preparing th¢ir ￿¢0￿llts in a¢¢ordan¢e witb the Fitthllcial RqM)rting Standard applicable tn th¢ UK aod Republic of trlalld IFRS 102)]. J have no concfflis and have come acr(xss no other mattaB in connectiou with the cxamination to which attention should be drawu in this r¢wirt in Ordcr to enable a proper understanding of the accounts to be reached. Sue Wintle FMAAT Ind¢pend¢ttt ex2mio¢r Associatiou of AccO￿ting T￿hnIciaL5 27 8&Yott Road Bournemouth Dorset BHII 8RJ 16 March 2026 St Swithwi's Bournemouth known &8 LOVECHURCH Statement of Fin¥4nci41 Activhies for tbe Ye4r Ellded 31 Decetnber 2025 (llldudlng Income and E4￿nal*llre Account Statement of Total Retognised Gains Ind Losses) To 2025 Totsl 2024 Note Income And EndoTrments from: Dojjations alld legacies Clwitabl¢ adivities Investment ineome Other income 410932 214248 1,665 625.180 .665 6.608 451591 9593 12.612 6.(A)8 Total Incorr 215913 633 493 476 427 Expendlture on: Raisitig OJnd8 Charitable activities (1,201) (1.201) 1215) 456,411 20 88 Total Expendittllt 202288 456 626 Net in¢omel(¢xpelldiwTr) 49,5(X) 19,801 Net nK*v¢meLt in fimds 495 13.625 63.125 19,801 Re¢onclll*tlDD of fuxds Total funds brought forward 327.512 45945 373 457 353 656 Totat fimds catricd forlvard 17 377 012 59 70 373 457 All of the charitys aGtrvities derive from cotttlllutog oixrntions dw]ng the aiM)ve Iwo twiods. The fimds breakdown for 2025 is shown in note 17. The note5 Ott pw 11.21 fim ￿ intewi Ixrt of th&* fillanci￿ staknxnts St Swithun's Bournemouth known &s LOVECHURCH (Reostratlon number. 09164176) B21allce Sheet as at 31 December 2025 21125 2024 Note Flxed Tangible &8sets li 685,383 688.034 Current assets Debtors Cash at bank and in halld 12 13 15,529 9.756 114.950 101.585 CTrdlton: Amounts famlng due wlthln one year 14 et eurrent assets 994 TotAI assets less eurrettt li*blUtI 716,029 714,028 Credltors: Amounts f*llkng due after more thaD year 15 Net a5yets 373 457 Fund8 ofth¢ £h￿￿ty. Restrlcted Income fvnds Restricted funds 17 59,570 45,944 Ullrestrlcted intorne funds Untestiicted fiLTML 327 513 TDtsI fi￿d 17 436 582 373 457 The 00 ￿g¢S 11.21 forni att integr￿ partofthe* fitthllCi2t statemettts St Swithun's Bournemouth known as LOVECHURCH (Reg18tratlon number: 09164176) Balance Sheet as at 31 Deeember 2025 For the fJnan¢iDI year ending 31 DK¢mb¢r 2025 the charity w&4 entitl￿1 to exctllptioll fiDm &udit undersedion 477 of the Companie4 Act 20(￿ ¥elatin8 to Small ¢vmpani&5. Dire¢tors' responsibiliti￿.. The have t￿t required the ¢lwity to Ob￿lti an audii of its accounts for the yeor in question in a¢cordan¢¢ witk S¢Ction 476: and Th¢ direGtots acknowledge their rwon*biliues for complying with the rryiternents of the Act V4ith to accouttting records and the preparntion of acto￿ts. The fillallcisl statemellts pag¢5 4 to 17 werE approv￿ by the In• and authori￿1 for issue on 9 March 2026 and s18n￿ on th¢ir b¢half ty. Reve The llotcs rAges 11.21 forni an iTtiEgrdi part of ththe finwcial sratema)ts io St Swithun's Bournemouth known as LOVECHURCH Notes to the Financial Statemellts for the Year Ended 31 December 2025 I Ch*rlty st*tv3 The charity is limited by gu2fdntee, inu)It￿t￿l tn England afyj Consequ￿￿Y ¢kns not have share capital. Each of the tswtee8 is liable to ￿￿trIbute on ￿llo￿nt not exceeding £Nil towards the &gsets of the Gbarity in the event of liquidation. The aiktr&s of it5 r¢8i5t¢red offic¢ is.. Si Swithun's Church Gervis Road Bournemouth Dorset BHI 3ED Th¢3¢ fi￿￿lLi statementy aUtbOr￿ for by th¢ trnst¢cs 20 March 2￿24. 2 Accountlng Sumtnfiry •f$l￿5￿C4nt *c¢ountlrtg polide* key tteowitlmg eKthDxtss The principal awountiog poli¢i&q applied in the preparabon of th¢5e fllwKial statcfflellts 8et below. These ￿liCIeS have been tt>t2sistently aN)lied tkne yeals pr*e* oth¢rwi8¢ 5ta* Statement of complls]Ke Ths finaDcial statettKnts bave been prepared in &C￿rdanCe with Aecowjting and Rwrting by Clwities.. Statement of Recon￿￿ Prxti¢e lappli¢abl¢ ¢0 ¢barities pre￿1￿ tl)eir accounts in aceordance with the Financial Rep)rting Standard aFvli¢able in the UK aTrJ RepubliG of bElalld (FRS IQ2)) {issued ￿ October 2019) . {Ch2riti&8 SORP (FRS Iir2)}. Fillattcilt Repmtitig Standard applicabl¢ ill th¢ UK and Republic of Ireland {FRS lif2) aud the Cor[wi￿ Act 2(Mkfj. B*yl8 •fprepratltsn St Swithun's BOUn￿MoUth meets the def￿.￿.00 of A pubb"e benefit etility unthr FRS 102. Assets and liabibties are ￿ltiallY rrcoguiscd &t histOriLai cost or ItaDsaction value Otherwi￿ sthted in the relevant ￿counting policy notes. Golng ¢on¢¢rn The trustees consider that there are no nthial tineertaiDti¢s about th¢ cltaritys ability to ¢¢)￿tin￿ 08 a going cem norally significant areAs ofVt￿e￿tythat aff￿t th¢ (Wing value of ass<* held by the charity. Exemptlom trom prepa]kng * eath flow #tatsmettt The oharity early adopt Bulletin I publishul on 2 Febtuty 2016 alld have therefore llot tllcluded a cath flow statEmeut ill thEK financial Statell￿ts. li St Swithun's Bournemouth known as LOVECHURCH Notes to the Financial Statements for the Ye&r Ended 31 De¢ember 2025 Income and eTrdowmeDts Irteome is reco￿lISed wheo the eFLarity I￿ entitletnort kn the fvnds. any pUf0m￿Ce condittolls attachLyJ to the item(s) of income bave been me( it is probable that th6 1￿me wiu be tec¢ive¢ 8nd the amount Can be measvred reliably. Dottathns and iegades Donations ar¢ recogni8￿{ wh¢n th¢ charity has beeD notified ID writing of Ix>th the aT￿Ount alld 8ettI¢ll￿t date. In the evellt that a donation is wbje£t to CODditior6 that require a level of perfonnaDce by the charitybefore the charity 18 entitlkxi to the fijllds. the [rKon￿ is d¢ferred and t￿Trt reu)gnised until either th￿e conditioos are fvlly mct, or the ￿lfilm¢￿ft of those conth"uorts is wholly within the control of the chan.ry and it is probable that tlKse ¢onditioDs will fulfillwj ill the re￿rting peri￿]. Grants recelvAble Income from govCrnrn￿t and other Br￿, whctELY'capital' gtants or'revenue, granty is recogui8sI when the charity Iw erttitlenjellt to the fimds, any t￿Orn￿￿ coNIitioDS attached to the gra￿ have Eeen mel it 18 probable that the income will be receiverl the wmount (XD b¢ Measur￿ reliably and is not defer￿1. DoDAted sen4ca and fatllitl Where sErvic¢s or facilities ar¢ PffTrYided to the Charity as a donation that would nomjally be purchased from a supplier this knefit is included itt the finallci￿ state￿ellts at its fair value its fair Val￿ c8nDot be ￿lIablY measur&i then * the cost to the donorof the rasak v8lue of that are to 50kn1 Illyest￿e￿t IDcotlle tntemi on ftnmls held ￿ deposil is iocluikd wbeo receivable and the amount D￿s￿r￿ reitabty by the chaJiW. this 15 llornwlly notification of the interesr by the b8nk. Expendltuye Expmdiwr¢ is rt£OgUi8ed 0￿ce t1￿ is a legal or Constn￿Ve <)bligatiOD to Tnake a [)&Y￿ellt to a third party. it is probable that settlement v/ill be reqllire4 atMI the amouat of the djligation can FK rneBsured reliabty. ExpetMIiwTe is ¢I￿lfied under the following xtivity he￿Il08s. R4151ng fuA(ts The cost in fithiD& such as fce5 to stkniptlott bAsed givillg ser¥ice*. rit4ble *ettvltles a Sn￿11 cbarity, T(￿l of its activities are diray linked to clwitsble activitits therefore DM)St of the c]]aTiV$ expenditure are charitable o)5ts. Tax*thin The cTrtarity is wnsidered to the tests sd out Pawrdph I Schethle 6 of the Filla￿ce Act 2010 and the￿ fore it meets tILe definition of a charitable comp8ny for UK cortK>r8tion tsx purposes. Accordingly. the charity is p)tentially exempt from IAxation ill res￿ of irrne or capital gaiw ￿e1Ved withEn categories covered by Chapter.3 Part 11 of th6 Cor￿ratIOn AGt 2010 or knts.on 256 of the Taxation of Chawble Gains AL* 1992, to the that Such iDcome Orga1￿ 8re applied exCl￿1ve[Y to dmritable puy. Tsnglble fixed ￿￿ets tndividu¥l fixrd assets are irAitially at less any wTrA8WDt aCC￿M￿lat￿l dwrecialion and 5ubsequ£nt a￿u[nUlated ittipalrn￿1 lo￿. 12 St Swithun's Bournemouth known as LOVECHURCH Notes to the Finaneigl Statements for the Yeydr Ended 31 December 2025 DepreelAtlon Depr￿latiOn 18 provid￿ on ton￿711e fJAed ￿ so as to write off the cost or Valuatio￿ less aDy estimated idual value, over tbtir expected u5efid economi¢ lifr w follow%'. A8se¢ cl&88 Land and Buildin Furniture atKI Equipment D¢prefl*tloD ￿￿thOd 8nd rite No depreciation Stratght linc OV￿ 5 yeats Trade debtors Tr8de debtors are amounts due frorn ¢DstorntTh for mffchatylise sold or Servi￿ wfDrnied in th¢ ord cowse of busiDe&8. Trade debtors are ￿80]Sed ￿ltiallY at th¢ trw¢tion pri¢e. Try are subsW￿n￿Y me￿red at aMortiS￿ e4)5t using th¢ effective interest meth(K¥-l£&s prnviston for im￿irmmL A PTOViSiOtt for the jmpairn1￿1or trade debtors is established when there is objective evideott th&t the cl]8xity wiu be able to ¢olle¢tall alnounts dlle According to the oriwal tsmls of the r￿s1vabl£S. alld cash equ[w￿¢￿ts C&sh alld cash equivthnts l¥Mw￿ on IWKI and call detA)8ity and other short-temi highly liquid investments that are reayee5 th¢ b¢n¢fits relating to employee service in the curre￿1 and prior FWi(xis. Contrtbutions to defineoj contributico plaA% arE wised iu the StateJJLCDt of Fitjallcial Activitie5 they are (kne. tf c0ntn1)￿ti￿ payments excttd the CODtriblltion dlle forservic4 the is te(wised 8s a prepayrn￿L St Swithun's Bournemouth known as LOVECHURCH Notes to tbe Financial Statements for the Ye*r Ended 31 D￿t￿)ber 2025 3 tncomt from dotsatlo￿ and leK*de4 Restritted fundg Total funds Celler21 DoAatlOlls and l¢gaoi¢8- DoDation5 from individuals Gift aid reclaimed Orartts. including capital grants. Grants from Oth￿ Chariiies 337.lyl 73.735 55296 1352 392,493 76,087 Total for 2025 410932 214248 625 180 Totsl for 2D24 38 71 451,591 4 Income from chthtrable adlTlde& Uttrestrkled nds Clenerai Totsl Dds fjnisty activttie8 Total for 21125 Tot81 for 2024 5 InvestmeA¢ IHcome (￿ndS Gen¢r Total flllld$ Intuest receivable and similar InteTe8t receivable on bank det¥)sits OthEr iuv&stso¢nt in(x)me tncome from Tents 1.643 1,643 Total for 21125 Total for 2024 14 St Swithun's Bournernouth known as LOVECHURCH Notes to the Flnanclal Ststements for the Year Ended 31 D￿ember 2025 6 Expendlthre Oll charttxble *ttlvltl¢s UDrtstTkred nds GelleTa] Totsj runds Dds Other c￿ts DeP￿latio[l amortisation and otrLersim1l￿ oists Staff eosL8 221,454 417 179.495 2234 411),949 2.651 165 567 Total for 2025 88 569 167 Totsl for 2024 386 33 456411 lysts of expendtture by *dlwity Tolgl 21125 Total Note A4]ministr&tio Building & y￿U¢ Ministrie8 Ministy Activities Mission Giving Staff Depreciation 48.851 236,443 56,426 17,5(Y) 41.720 165.567 53,091 99,817 17.951 59.585 62.224 161.(KJ2 569 167 456411 7 Grant-mklng Ao¥lysis of grwnts and mtsslon glvl 2024 VAncbestsr Di￿45¢ Contributions Mi55ioll Partne]3 41.720 62,224 15 St Swithun's Bournemouth knovm as LOVECHURCH Notes to the Flnaneirdl Stsitements for the Year Ended 31 December 2025 8 Tru5te25' reiDiiner*tion and expeDs No trus1￿ nor any persorns with theAn. have ￿￿e1V¢d any remunerntioD from the charity during the No hav¢ r¢¢¢ived any other bett¢fiL¥ from th¢ ¢h*rity durillg the year. 9 Staff costs The aggregate payroll costs were ￿ follow5: 2025 21124 Stsff wsts durlng the year were: Wages aryl salari¢ Social security costs P¢D51011 C05LS Other Costs 154,222 4,210 2,835 148,670 5,683 2,945 165 567 The monthty avernge of petwtL8 (includiDg senior I I￿[Ship tam) Q￿p10Yed by the charity during th¢ year expr¢s5ed 88 tim¢ Wuv￿ents Wd8 &5 follows.. 2025 2024 EtDployed slaff No ernployee reixived enM)hmwits of DX)re than £(A),(MX) the yrar. 111 T￿tIon 16 St Swithun's Bournemouth known as LOVECHURCH Noles to the Financlal Sthtemellts for the Year Ended 31 December 2025 11 Tanglble fixed ￿ets Furthre and ¢q￿1pment buildings Cost At l January 2025 Addiiio 683.616 125,084 808,7(K) At 31 Dec¢mber 2￿25 DepreclatloD At l January 2025 Charg¢ tr the ye4r 120,666 120,606 At 31 Dx¢mber 2025 123317 123 317 Net bDok W￿U¢ At31 December 2025 At31 D￿ell￿r2024 12 D¢lrto 2025 13 Cash cash equSY4Ients 2025 Cash at battk Cash at bank tticlud£%: unrestrict￿ fuads of fAI J41 (2￿24. £49.608) and R￿triCted Futtds of £58.080 (2024.. £42,221). 17 St Swithun's Bournernouth knov4n as LOVECHURCH Notes to the Flnall¢lal Statements for the Year Ended 31 December 2025 14 Cr¢dltOT5: *wouMts falllng thi¢ wlthkn one 2025 21124 BaDk loans Other loans Other crth'tors 21.LNM) 48,506 8,298 I8,￿0 17,100 37,912 IS Credltor5: falllllg due xfterone year 2025 2024 Bank loa Other loans 271.050 293,898 16 P¢Dglon and other schemes Defin￿1 contrlbuthbll SCI￿ne The pension cast ¢hArg¢ for the year repro3ents c4)ntnl)utsons pa￿ble by the charity tt) the ￿h¢1￿c 8nd amounted to £2,835 (2024- £2945). St Swithun's Bournemouth known as LOVECHURCH Note5 to the Flnancial Statements for the Year Ended 31 December 2025 17 Balance xt I lucomthg Resources January 21125 resources expended Tr*ufjf¢r5 31.12.25 Unr¢strl¢ted Fuidi General fui 327J12 417.580 {368.080) 377,012 Restrlctsd Funds Christians Against Povety{CAP) Sound Desk Space & Envirotllllent Produdion F4uipm¢nt LYN F¢) Spear Love Your Neishknur Hub Youth Trnyel Love Chrisbnas Love Cities NLHF Dorsd Ccffl)Jnmity Fu￿1 16.428 3,724 9,71X) 2.084 2.124 (16,5 (2.234) {142(M)I 3220 5216 1.490 36.932 2,084 (1,000) 3,387 41,432 2,345 3,314 3,468 12.829) 13,314) (16.9211 (1400) (6,172) 281 19,499 6,327 1.351 5.830 20.0(KI 125,(MXI 987 {20,(MK)I (124.074) 13 926 (1,697) 21 Totsl restrlthd funds 215 J3 59 711 Totsl funds 570 43 582 St Swithun's Boumemouth known as LOVECHURCH Notes to the FlnAll¢l￿ Ststements for the Year Ended 31 December 2025 Balanu At 31 December 2024 B*lante It I Ineomlng Rtjour Jall￿ry J124 resources ewded Trlllsfers Ullrestrlcted Fu]Nl Gencrai ￿nd 316347 YJ7J14 (38W) 327013 Restrkted Fund Cbristiaus Agaiust PovErty (CAP I4.￿7 5.958 12.478 (16.977) (2234) (408) (1,561) {500) (2,8(Kl) (2.119) (4263) (14.155) {937) (5,037) (0,280) (2,CW) (1582) (9,030) (195) 6,Otxi 16,428 3,724 Soulld Sy5trt Trbl¢ T¢Duis St ClemGnts General CbildTh's Carpet Space & Environaynt Boiler Repair & Venue Hire LYN Fo 408 311 1250 SW 125 2.119 3.059 2.155 937 9.7(K> 4.569 1507 12,(KKI 4.872 Spear Children's P￿Y Area tA)ve YourNeighbo￿Htsb LO￿ Christsnas Safe Families Dor8et Police Dorset Commuoity FutMI P￿AuCtiOr￿ Equipowit sale 3959 1924 281 7589 1.078 (1,882) 281 1,351 1.582 3.868 13,370 (703) 7.505 2.084 Love Cities (20,tKN)) Tot&1 Testrktrd fi￿ld5 13 Total fllnd8 47 427 20 St Swithun's Bournemouth known as LOVECHLTRCH Notes to the Financial Statements for the Year Ended 31 December 2025 18 Amalysts of net *Sgets betweell funds Unrestrfthd Total fumds ht 31 R£¥Éritted Detember ds 202$ Tangible fixed assets Current osse¢s Current liabilities Cr&litors over l year 683.893 56,870 (84304) 279.44 1,490 58,080 685.385 114,950 184,304) Totsl assets 59 70 436 582 Totsl funrts at 31 Detember 2024 Restrlct¢d funds Genernl Tangible fixed &qsets Current &%sets Cunyllt liabilities thd1t0￿ over l year 684.310 59.364 (75,591) 340 71 3.724 42,221 688,034 101,585 {75.591) Totrl net&￿ts 327 12 21