Charity Commission Registered number: 1163514
**THE FAITH CHALLENGING CHURCH CHAIR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
**The Faith Challenging Church Contents**
||**Page**|
|---|---|
|Charity Information|1|
|Chairperson's Report|2|
|Independent Examiner's Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|8|
**The Faith Challenging Church Charity Information For The Year Ended 31 March 2025**
**Chairperson** Mrs Odile Nunes Chairperson **Charity Number** 1163514 **Registered Office** 14 Folkingham Lane London NW9 5LR **Examiner** MD Consulting Certified Public Accountants, 206 Albright Court 8 Mast Street Barking Essex IG11 7FY
Page 1
**The Faith Challenging Church Charity No. 1163514 Chair's Report For The Year Ended 31 March 2025**
The chair presents her report and the financial statements for the year ended 31 March 2025.
## **Chair**
The chair who held office during the year were as follows: Mrs Odile Nunes
## **Statement of Chair's Responsibilities**
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
The law requires the trustees to prepare financial statements in accordance with the United Kingdom, General Accepted Accounting Practice (United Kingdom Accounting Standard and applicable law).
The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit for that period.
In preparing these financial statements, the trustees are required to:
- . select suitable accounting policies and then apply them consistently;
- . make judgements and estimates that are reasonable and prudent;
- . 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 which enable them to ensure that the financial statements comply the Charities Act 1993, The Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed.
The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Mrs Odile Nunes Chair
26/08/2025
Page 2
**The Faith Challenging Church Accountant's Report For The Year Ended 31 March 2025**
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
- .
- .
- .
- examine the accounts (under section 43 of the Act);
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7) (b) of the Act); and
- to state whether particular matters have come to my attention.
My examination was carried out in accordance with the General Directions given by the Charity Commissioners.
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 seeking explanations from you as trustees concerning any 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.
In the course of my examination, no other matter has come to my attention:
- . (1) which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
- . proper accounting records are kept (in accordance with section 41 of the 1993 Act); and accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
. (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
MD Consulting
20/08/2025
MD Consulting Certified Public Accountants, 206 Albright Court 8 Mast Street Barking Essex IG11 7FY
Page 3
**The Faith Challenging Church Income and Expenditure Account For The Year Ended 31 March 2025**
|**Notes**
**INCOMING RESOURCES**
**GROSS SURPLUS**
Administrative expenses
**OPERATING SURPLUS/(DEFICIT)**
Other interest receivable and similar income
SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR|**2025**
**£**
**77,467**
**77,467**
(53,595 )
**23,872**
436
24,308|**2024**
**£**
**42,074**|
|---|---|---|
|||**42,074**
(43,278 )|
|||**(1,204 )**
316|
|||(888 )|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
**The Faith Challenging Church Balance Sheet As At 31 March 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**4**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**5**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2025**
**£**
**£**
39,352
**39,352**
23,729
**23,729**
**(450 )**
**23,279**
**62,631**
**62,631**
62,631
**62,631**|**2025**
**£**
**£**
39,352
**39,352**
23,729
**23,729**
**(450 )**
**23,279**
**62,631**
**62,631**
62,631
**62,631**|**2024**
**£**
**£**
18,439
**18,439**
20,234
**20,234**
**(350 )**
**19,884**
**38,323**
**38,323**
38,323
**38,323**|**2024**
**£**
**£**
18,439
**18,439**
20,234
**20,234**
**(350 )**
**19,884**
**38,323**
**38,323**
38,323
**38,323**|
|---|---|---|---|---|
|||**39,352**
**23,279**||**18,439**
**19,884**|
||**23,729**
**(450 )**||**20,234**
**(350 )**||
||||
||
|||**62,631**||**38,323**|
|||**62,631**||**38,323**|
|||62,631||38,323|
|||**62,631**||**38,323**|
These financial statements were approved by the board of Trustee on 27th August 2025.
Mrs Odile Nunes Chair
27/08/2025
The notes on pages 6 to 7 form part of these financial statements.
Page 5
**The Faith Challenging Church Notes to the Financial Statements For The Year Ended 31 March 2025**
## **1. General Information**
The Faith Challenging Church is a private company, limited by guarantee, incorporated in England & Wales, registered number 1163514 . The registered office is 14 Folkingham Lane, London, NW9 5LR.
## **2. Accounting Policies**
## **2.1. Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
## **2.2. Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes donations earned.
## **2.3. Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
|Leasehold|10%|
|---|---|
|Plant & Machinery|25 %|
|Motor Vehicles|25%|
## **3. Average Number of Employees**
Average number of employees, including chairs, during the year was: 1 (2024: 1)
## **4. Tangible Assets**
|**4.** **Tangible Assets**|||||
|---|---|---|---|---|
|**Cost**
As at 1 April 2024
Additions
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Provided during the period
As at 31 March 2025
**Net Book Value**
As at 31 March 2025
As at 1 April 2024|**Land &**
**Property**
**Leasehold**
**£**
25,000
-|**Plant &**
**Machinery**
**£**
3,979
1,388|**Motor**
**Vehicles**
**£**
-
30,143|**Total**
**£**
28,979
31,531|
||25,000|
5,367|
30,143|
60,510|
||7,500
2,500|
3,040
582|
-
7,536|10,540
10,618|
||10,000|
3,622|
7,536|
21,158|
||15,000|
1,745|
22,607|
39,352|
||17,500|
939|
-|18,439|
Page 6
**The Faith Challenging Church Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## **5. Creditors: Amounts Falling Due Within One Year**
Other creditors
|**2025**||**2024**||
|---|---|---|---|
|**£**||**£**||
||450||350|
Page 7
## **The Faith Challenging Church Detailed Income and Expenditure Account For The Year Ended 31 March 2025**
|**INCOMING RESOURCES**
Donations
Gift aid
Other trading income
GROSS SURPLUS
**Administrative Expenses**
Guest Ministries
Volunteers expenses
Staff entertaining
Travel expenses
Rent, servicing and cleaning
Hire and leasing of computer and other equipment
Vehicle running costs
Computer software, consumables and maintenance
Printing, postage and stationery
Advertising and marketing costs
Telecommunications
Accountancy fees
Bank charges
Charitable donations
Depreciation of plant and machinery
Depreciation of motor vehicles
Depreciation of leasehold land and property
Sundry expenses
**OPERATING SURPLUS/(DEFICIT)**
**Other interest receivable and similar income**
Bank interest receivable
SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR|**2025**
**£**
**£**
49,242
8,082
20,143
77,467
77,467
2,750
1,350
-
1,656
20,662
850
2,354
195
1,231
320
1,130
350
226
8,000
582
7,536
2,500
1,903
(53,595 )
**23,872**
436
436
24,308|**2025**
**£**
**£**
49,242
8,082
20,143
77,467
77,467
2,750
1,350
-
1,656
20,662
850
2,354
195
1,231
320
1,130
350
226
8,000
582
7,536
2,500
1,903
(53,595 )
**23,872**
436
436
24,308|**2024**
**£**
**£**
37,378
4,696
-
42,074
42,074
-
-
1,517
2,343
32,846
-
-
-
1,179
163
765
350
114
-
313
-
2,500
1,188
(43,278 )
**(1,204)**
316
316
(888 )|**2024**
**£**
**£**
37,378
4,696
-
42,074
42,074
-
-
1,517
2,343
32,846
-
-
-
1,179
163
765
350
114
-
313
-
2,500
1,188
(43,278 )
**(1,204)**
316
316
(888 )|
|---|---|---|---|---|
|||77,467
77,467
(53,595 )||42,074
42,074
(43,278 )|
||436||
316||
|||**23,872**
436||**(1,204)**
316|
||||
||
|||24,308||(888 )|
Page 8