REGISTERED COMPANY NLWBEL. 10286979 lEland and W4les> REGisfERED CHARrrY NUMBEIL. 1170291 Flnancial St4tenMrrt3 for th• Year Ended 31 Dttemb•r 2025 On• Church Lelc•5ter Th• Rowley P•rtn•rihlp Ltd Statutory Audltors ChJrnwiJod Hous• Harc4Wrt W Alerldian Bu51ness Park LE19 1VIP
Cortents of the Flnanclal Ststement$ for the Year Ended 31 December 2025 Relence admlnlmtfve thta115 Trusteei, reporL Report of Ient AdItors statennt of FlnarKfal Activltles 10 BaiarKe She 11 CJ$h Flow Statement 12 Note5 to the Cash Flow statement 12 Notes to th• FInda1 Ststements 13-26 Detal Statement of Flnanclal Actlvltte5 Z7.28
One Church Lèitèster Ref•r•nce and admlnlstratlye dÈtslls for the Year Ended 31 Decemb•r 2025 TRuFfEES D Hlnd (Mlnlster of RellRlonl Rev J A Prestwich IMin15ter of Rellgfonl P A John (Reiired) A C Elton {Retlred} F Okonkwo J yerS T H?ThJ S Jakovljevlth REGISTERED CFFICE One Centre 10 Fro8 151and Lelce5ter LE3 SAG REGISTERED COMPANY NUMBER 10286979 IEwland and Wales) REGISTERED CHARITY NUMBER 1170291 INDEPENDEKf AUDITOR The Rowiey5 Partnershlp Ltd Statutory AudfIc5 Chartered Accountants CharTr*thd HOL Harc¢)urt Way Merfdlan Buslness Park Lelcester LE19 1WP
Ohe Church Lèk•stsr Rèport of the Trustees For the Year Ended 31 December 2025 The Trustees 2025 Annu•l fteport The tru5tee5 who are also directors of the charity for the pwposes of the Companles Act 2fyJ6, pre$ent their repwt wlth the finanaal statements of the ch•rtty for the year ende(131 DecerTthr 2025. The lhtee5 have adopted the provlslons of Accounting al Reportin8 by Charitles: Statement of Recommended Prnctlce applicable to charftles preparfnq thelr accounts In accordance with the Financlal Reportln8 Standard appllcable In the UK and P4ub15c of Ireland IFRS102lleffectlve 1 January 20191. The financlal statements have been prepared in accordance the accountln8 pollcies set out I the notes to the accounts and comply the charltls iovemln8 durnent, the Charftles Act Z011 and Accountlng and reporting by Charfties: Statement of Recommended PractTce appllcable to haritles preparln8 thelr a(cts In accordance th Flnancial Reportlng Standard appilcable In Ihe UK and Republlc of Ireland wbllshed In October 2019. QBJECTfrfES AMD AcnvmES OffldNI Objectlves To advance the Chrlstlan falth In accord•rKe wlth the 5tatemnt In such ways ané In such p4rts of the Unlted KlnEdom or the world as the church leadershlp Irom tlme to tlme may thlnk flt. • To relleve slckness and flnandal hardshlp and to promot¢ and preserw good health by the pmyislon of funds> goods or seNkes of any klnd Includlng throu8h the provtslon of counselling and 5UPPOrt In such part5 of the Unlted Klnidom or the wortd as the church leadershlp frorn tlme 19 tlme may thlnk Ilt. To advance educatlon In such ways and In such parts of the Unlted Klngdoffl or the world as the church leadershlp fr+Jm li to tlme may thlnk flt. Publ1¢ Bet For the maln actotIeS undertaken to further the charbtl5 purpDses lor public beneflt, the trusiees have ha(1 regard to the Charlty Commisskn 8uldance on pIk bereflt. Fundratslni The thirfty raise5 slgniflcant fsjnds from the publlc but does not use any profe551onil fundraisers, ACHIEVEMENTS. PERFORILINCE AND FUTURE PLANS 2025 was a Mlt0u5 year In the Ilfe of Cthe Church. Here are a few hi8hlights... 1. Many people became Chrlstlans through different mlnlstrle5 aj we saw a slqnfflcant number of vlsltors. 2. We continued to walk In a splrit of unlty and blessln8 together, carrying great falth and expectat?on for thts next chapter in our hfstory. Our Eidershlp, Trusteeship. Senlor
One Clxtrch Lelcest•r Report of the Trustee5 For the Year Ended 31 December 2025 Leader5hlp Tw, Sfte Pastors and every Slte walked together In deep unlty. All the pralse to Jesus. 3. Around 420 rtw people were added to our church family with around 150 people moved out of Leicester, or to other churches.. 4. We had h)put throughoul the year from around 70 different preachers, covertng teaching topics Includint the serles- Love 1%... Alo5•s (Face to facel. Colossians. Find your Volc•, Th• Pow•r of..., Battl• for your Mlnd, The Greatest Commandment. 5. We baptlsed over 80 people and saw 8 bables born and 12 couple5 engaged or married and there were 75 natlonallties represented at Natlons Day. Seven preclous pecple passed away during the year. Thls Included the passing of Marje Nlblo¢k who along th 8riaTJ were th• former leaders of our thurch. Thls amazln8 lady left a deep legacy In One Church. 6. At the start of 2025 as a flrst step of developin8 No 12 we applled for plannin8 permlssion and brght down the ramp. Thls enabled u5 to TJlse banners on the slde of the bulldlng and get ready for the next Step. 7. We ran our first Go Weèkend In June wlth hurthds ol people from One Churth servlnR In dozens of projects acr055 all our 51te areas lo brfnq the love of Jesus to oui communltle5. 8. We Saw ihe oryolnl blessln8 ol Open Hands whlch ts at our very heart as a church. The manager ol Open Fland5 wrote of just on• we•k In December 'Lost week we celebrated Chr15trndS wlth our Ensllsh student5 who heard obout the sllt ol Jesus. And rhls week, vlons5ide 21XI Chr15tmos 1MPer5 moklns thelr way out Into the community. we hod the prlvllese Of,. lurn15hins 4 homes provtdfns clothlny to 45 households * 5uppIy7ny o weeks worth ol to 216 people, Includlng 98 chlldren sethns a Chr15tmos dlnner to 84 yuests at Ple Nlsht. 9. One Church mln15tries th all ages contlnued to thrlve Bnd grow and we contlnued an expanslon of Srnall Group5 wlth community at the heart - there are now over 60 Small GroLPS for all u8e5 at One Church. As we look ahead to 2026 we wlll outwork our vlslon throu4h a second year of Brlny down and Bulld up. We wlll take the next step to Bring Down by takln¥ down the whole of No12 and contlnulnl to pay dovm the mort8age. We wlll also release a vislon of what the Fither wants us to bulld on this plot of land. We wlll Bulld Up by Increaslns accesslblllty for more people, whSlst advanclng One Church Compas51on and bulldtnq wider communlty and mlnlstrles. We wlll release a new welcome course whlch I11 better help everyone Jolnlng One Church to Integrate qulcker and be released th be who God want5 them to be. We will also start a new Gap Year for students leavlni slxth form and unlversity Jnd prepire to pkffieer a slxth One Church Site toward5 the end of the year. A5 we give thanks for 2025 Susan and l are full of faith and vlslon for the future. Ir heart as a church remalns to Love God, Love Peopte, Love His Mission and Love Hi5 Church. We are certain that our best days are ahead. "And now, Jtjst os you accepted Christ Jesus (75 your Lord, you rnust continue to follow hlm. Let your roots sr¢w down iiito hlm, and let your lives be built on him. Then your falth will grow strons In thE truth you WEre iought, and you will overflow with thankfulne5s.' Colo55ions 2-.6-7 NLT
One Church Lelco5t•r Report of the Trustees For the Yèar Ended 31 December 2025 We Jre honoured tQ Serve by leadlng thts amazfng church. Our best days are ahead Davrd Hlnd - Senlor leader Flnanclal Rèvlow The accounts on pa8es 10-26 sumrnar15e the Income a1 e¥pendlture dwiw the year ended 31 ecember 2025 aThl the state of the chaflW5 aflalts as at 31 December 2025. One Church Lelcester's maln sources of funthng were free wlll offerlni5 from the church congregatlon through regular tlthes and offerfn8s, an annual vlslon o(ferln8 Income tax recovered under the gift aid scheme. Total Income In 2025 wa5 £1,574.313, of vthlch £390,561 was restricted. ExpeNJlture for the yèAr was £1.480.587. of whlch £256,729 was restrlcted. The surplus for the year was £93.n6, and our total lund5 Stand at £2,765,798. Res•rv• pollcy The reserves pollcy for One Church is to fflaintain unrestricted funds. which are the fe reserves of the church, lo cover thrÈe months ol expenditure. This15 In addition to fixe(l assets held used for the Church's alms and purposes. Thls level of reserves shwld ensure that at any tlme of the year the Church Is not qUIred to borTOW funds on overdrafr Irom Its bankers. Any additlonal reseryes are 8enerated wlth a vlew to lund lon8er term projects. The trustees deflne free reserves a5 belng totul unrestrtcted current assets less cwrent Ilabilltles. The poll¢y for unrestrlcted cash reseTV•5 Set by trustees for 2025 was £178.IXQ. Th1$ pollGy wlll be reviewed annually at the tlme of settln8 the bud8et for the forthcomlng year. Free reserves at J1 Decernber 2025 £212,650. We malntalned restrlcted reserves amountSrff4 to £168,58J. RUCTURE, GOVERNANCE AND hiANAGEMENT Governlnl document One Church Leke5ter is controlled by Its govemln8 document Memorandum and Arttcle5 of A5soclatlon Incorporated in 19 July 2019, a deed of trust, and constltutes a Ilmtted companyi Ilmlted by guarantee, as defined by the Conyanles Act 2CAYJ. David and Susan Hlnd are the Senlor leaders of One Church Lelcester bMnglnR leadershlp. vtslon and management. ()Jr Triistp.Ès/Directors In 2025 were Phlllp John. Andrew Elton - ChaTr, James Prestwich, Falth Okonkwo. Jame5 Owers, Sabrlna Jakovijevlch, Thomas Hind and Davld Hlnd.
One Church Lekester Report of the Tru5tee5 For the Year Ended 31 t)ecemb•r 2025 R•crultment and appDlntm•nt of new trustees Where a replacement Is requlred or it is deemed necessary to strengthen the team, the senr leader in dlscu55ion wth the chair of trustee5, wlll nomlnate a potential new trustee who demonstrate5 the relevant experience, skllls and cornrnltment. Thls rbomlnatlon Is then COldered by the full btsard of tnJ5tees. New Trustees are proyided with COPI of the memorandum article5 of aSsOCiatn, latest accounts, recent mlnutes, detai15 of roles & responslbilltles) pollc6es and 5ultable Charity ComrnTssion guldance. Rlsk manas•m•nt The tnstees have a duty to Identify and reeW the risk5 to whlch the charlty is exposed and to ensure approprfate controls are Sn place to wovlde reasohable assurance a8alnst fraud and error. Trus1••5 rewonslbllltle$ 5tatem•nt The trustees (who are also directors of One Clwrch Lelcester for the purposes of company lawl are respon51Lile for preparinq the Tr(L4tees Annual Report and the flnanclal statements In accordance wbth apF4icable law and Unlted Kln4dom Accountlnq Standards Iunlted Kingdom Generally Accepted Accounting Prartlcel. Company law requlres the trustee5 to prepare flnanclal statemenl5 for each flnanclèl year. Under CLMnpany law the twstee5 must not approve thè finala1 5tatement5 wless thry are utisfied that they qive a true and falr view of the state of affairs of the charttable company and of the incomln8 resources and appllcatlon of resources, Includlrn4 Incoffle and expenditure, of the charltJble company for that period. In preparlnff these flnanclal statements, the trustees are requlred to: . $elect sultable Jccountlnq polkles and then apply Itrn conslstently • obsetve the methods and prlnclples In the Charities SORP2019 IFRS1021' • make JLKl8ement5 and estimates that are reasonable and prudent; state whether applicable UK Accountlni Standards have been followed; prepare the flnanclal stalements on thè 8oin% concern ba515 unless It 15 inapprwlate to presume that the charltable company wlll contlnue In operat1<. The trusiees are responslble for keeplnq adequate accounting records that dlxl¢)se th reasonable accuracy at any time the financial p051tlon of the charftable company •nd enable them to eUre that the financial statement5 comply wlth the Companies Act 2006. They are also re5p)ns7ble for safe4uardlnE the assets of the charttable company and hence for taklng reasonable steps for the preventlon and detèctlon of Iraud and other irregularlties. In so far as the trustees are aware.. there 15 no relevant audit Informatlon of which the charitable companys audltor Is unaware: and the trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant alIt Informatlon and to establish that the audltor 15 aware of that Infornatlon.
10/07/2026
A Elton
signed on 10/07/2026, 12:33:55 BST
Independent Audltor's Report to th• Trustee5 of One Church Lelcester Oplnlon We haye audited the financlal statements ol One Church Lelcester lthe 'charitable cornpany'l for the year ended 31 December 2025 which comprise the Statement of Financlal Activities, the Balance Sheet, the Cash Flow Statemertt and note5 to the financial statements, Includlng 51gnificant accountfng pollcles. The flnancial reporting framework that has been applled in thelr preparation is applicable law and Unlte(i Klngdom Accountlng Standards, inclwjlng Financial Reporting Standard 102 The Flnonclal Rewrt7ns StLindard oppllcable In the UK and Republic of Ireltind Iunlted Kingdom Gènerally Accepted Accounting Practice). Sn our opinion the financial statements: 81ve a true and falr view of the state of the charit4ble c¢)mpany'5 )Ifairs as at 31 Decernber 2025, and of Its IomIng resources and appllcatlon of reS(CeS, Includln8 Its Income and expendittire, for the year then have been Prtsperly prepared in accordance wlth United KinKdom Generally Accepted Accountlng Practlce. and have been prepared In accordante wlth the requlrements of Charftles Act 2011. Basls lor oplnlon We conducted our audit in accordance wlth Internatlonal Standards on Audltlng ILIKI IISAS IUKII and Jppllcable law, Our responsibilltles under those Standards are further described In the auditor respon51billtles for the audit of the flnanclal statements section of our report. We are IndepeThJent ol the charitable company In accordance th the ethlcal requlrements that are relevant io our audlt of the flnanclal statements In the UK, IncludlnR the FRC'5 Ethlcal Standard, and we have lulfllled our other ethical rpsponslbllltles in accor¢Jance wlth these requlrements. We belleve that the audit evldence we have obtalned15 sufflclent and approprfate to provide a basls for our opinlon. Con¢luslon5 r•l4tlni to Ing concern In audltinq the financlal statements, we have concluded Ihat the trustees, use of the qoin8 concern basls of accountlng In the preparation of the flnanclal 5tatement5 Is approprlate. Based on the work we have performed, we have not Identlfled any maledal uncertalntle5 relatln8 to events or conditlon5 that, Indlvtdually or collectlvelyl rnay cast slBnlflcant doubt on the charitable company's ablllty to contlnue as a 80in8 cMcern for a perlod of at least twelve months from when the flnanclal statements are authortsed for1$5ue. Our re5pon5ibllilies and the responslbllltles of trustees With respect to golns concern are de5crlbed In the relevant sectSons of thls report. Oth•r Inform4tiD The other Informatlon comprlses the Informatlon Included In the trustees annual report, other than the flnancl31 5tatement5 and our audltor's report thereon. The trv5tees are responslble for the other informatlon contained thIn the annual report. Our oplnion on the financial staternents does not cover the other Informatlon and, except to the exteni otherwlse explicltly stated In our report, we do not express any fom) of assurance conclusion thereon. Our responsTbillty Is to read the other informatlon and, in doing 50, consider whether the other Informatlon is materlally inconsistent with the finan¢lal statements or our knowledge obtained in the course of the audlt or otheTrrise appears io be materlally missiate¢J. If we identlfy such material Incons15lencie5 or apparent materlal mi5Statements. we are requiTrd to determine whether thi5 gives rise to a mateTlal misstatement in the flnanclal statements themselves. 11, based on the work we have performed, we conclude that there 15 a TThaterial mlsstaiement ¢1 this other infomatlon, we are required to report that fact. We have nothing to report in this regard.
Indep•ndent Audltor's Report to the Trustees of One Church Lel¢ester Matt•rs on wfikh we arè required to report by exceptlon We have nothing to repert In respert of the follown8 matters In relatton to whlch the Charltles IAccoLmts and Reports) Re8ulatl¢ys 2008 reqre us to report to you if, In our opinion: the information glyen In the fknanclal statements is Inconsistent in any material respect the trustees. report. or sufficient accounting recortls have not been kept: or the flnanclal statements are not in agreement with Ihe accountlns cordS and returns,. or we have not ceiVed all the Informatlon and explanailons we fcqulre for our audit. Responslbllltles of tru5t•es s explalned more fully In the tNstee5' responslbllltles statement. the trustees are re5ponslble for the preparatlon of the finan¢lal statements and for being sat15fled that they give a true an¥J lalr ew, and for such Internal control as the trustee5 determlne 15 necèss)ry to enable the preparatlon of flThanclal statements that are free frimm matertal m155tatement, whethèr due to fraud or error. In prèpartnq the flnanclal 5tatèmÈnts, the trustees are rewnslble lor a5sessini the charitable company's ability to ¢ontlnue as a goin8 concem. dlsclosinq, 8$ appllcable, matters related to golns concern and uslno the goln8 concern bosis of atcountlng unless the trustees either InterKI to Ilquldate the charttable company or to cease operatlons, or have no reallstic alternatlve but to do , Audltor re5ponslbllltle5 for the audlt of th• flNnclil ststem•nts We have been appolnted as audltor under 5ectlon 144 of the Charfties Act 2011)nd report In accordance vAth the Act and relevant re8ulatlon5 made or havlng effect thereunder. Thjr objectlves are to Ob1n reasonable assurance about whether the flnanclal statements as a whole are free Irc¥)) material misStatemeTrt, whether due to fraud or error. and to Issue an auditor's repDil that Includes our oplnlnn. Reasonable assurance is a hl8h level of assurance, but 15 rKst a guarantee that an audlt conducted In accordance wlth ISAS IUKI wlll alway5 dètect a materlal rnlsstatement when It ex15ts. h11$5taternents can ISe from frnud or error and are consldered materlal If, Indlvldually or In the aggregate, they could reasonably be expected to influence thè economk dec151on5 01 users taken on the ba51$ of these flnanclal statements. Irregularitles, Includlng fraud, are Instances of Mn-compllance wtth laws and re¢uLatlons. We desT8n pr¢xedure5 ill Ilne wlrh Trjr responslbllltles, outllned above, to detèct materfal mlsstateTnents In respect of Irregularftles, including fraud. The extent to which our pmcedures are capable of detecting irregularitiès. Includlng fraud Is detalle(I below: We obtalned an understandlnq of the legal and regulatory framework5 thal are appllcable to the charltable company and determlned that the m05t $18nlflcant which are dIrtLY IElevant to 5peclllc assertlons In thp flnancial statements are those related tts the financial reFortln8 framework5 IUK Generally Accepted Ac¢ountlng Practice, the Charities Act 20111 and the relevant tax cornpliance re8ulation5 In the jurisdiction in which the charitable company operates. We enquired of management, whether they were aware of any instance5 01 non-cornpliance wbth laws and regulatlon5 or whether ihey had any knowledge of actual, Suspected or alleged fraud; We as5es5ed the yjsceptiblllty of the entltl5 flnanclal siatements to material mlsstatement, Includin8 how fraud might occur,. Ir te5ling consldered unusual or unexpected jour1 entrles on a sample basls: We evaluated ihe assumptlon5 and JLidgements used by management wlthln slgnlflcant accountln8 e5timate5 and as5essirng If these indicate evidence of managernent bias- We tested significant transactlons, In partlcular the evaluation of the buslne55 ratlonale for any which ppear unusual or outside the charity'5 normal course of btsslness. We assess the appropriateness of the collective competence and capabililie5 tsf the engagement team by understanding the practical experience with audit engagements of a similar nature and complexity, plus
kndependent Audltor's R•port to the Trustees of One Church L•lcester ensurlng the team had appropriate and relwant tralnln¢ of the flnanclal reportln8 framewk and the relevant tax compllance regulatlons spedflc to the entity J We reeWed the flnarKlal statements arKI tested the dixlosures against supportlnff documentatlon- and We communicated relevant matters to all members of the audlt team to ensure they understood the r15ks speclflc to Ihe entfty and the z4udlt procedure5 planned to mftlgate ttr. Because of the Inherent Ilmitatlons of an audit, ther is a rtsk that we wlll not detect all Irregularitles, inclLtdTng those leading to a material mlsstatement Sn the flnarflal statements or non-compllance wlth regulation. Thi5 rtsk irtcreases the rrnre that compliance wfth a law or regulat1 Is removed from the events and transactfons rellected In the financlal statements, as we wlll be less Ilkely io become aware of Instances of non.compL5ance. The rtsk Is a150 greater re4ardln8 Irre8ularltle5 cKcurrlng due to fraud rather than error. as fraud Involve5 Intentional Concealment, foryery, colluslon, ornis)n or mlsrepresentatlon. A fUrtr dt5crlptlon of our responslb111tles 15 avallabie on the FRC? webslte ois . This descriptlon forms part of our audltor's report. of ow r•port Thls report Is made 501ely to the charltable company's trustees, as a boty, In iccordance vlth Part 4 of the ChaTltles (Accounts and Report5} Re8uiatlon5 2008. Chjr audlt work ha5 been undertsken so th•t we mlqht state to the ch*Aty's trustees those matters we a requlred Io 5tJte to them In an audlt¢f'5 report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responslbility to anyone other than the ¢harltable company and the charltabLe company's trustees as a body, for our audit work, fcrf thts report, or for the oplnions we h)ve formed. -'y signed on1010712026, 12',39',26 BST The Rowleys Partnershlp Ltd Statutory Auditors Chartered Accountant5 E158lble to act as an audltor In terms of Sectlon 1212 of the Companles Att Zfy)6 Chamwood House Harcourt Way Mertdlan Buslness Park Lelcester LE19 1WP Date: 1010712026
One Church Lelcester Statement of Flnandal Actfvltl•s Ilncorpor•tln8 an Income and Expendlture Account) for th• Ywr Endad 31 December 2025 Note Unrestrtrted Funds R•5trlrt•d Funds Total Fun¢ts 31.1Z.25 Trtal Funds 31.12.24 Incom• and •n(knfflient5 from Donat5LJ)s and le8acle5 920.299 390,561 1.310,860 1,213,816 Other tradlng actlvltles Investfflent Income Other Incmie Total lThcoTh •nd •ndowments 168,731 94,n2 168,731 94,722 151.335 93,802 1,183.7 390,561 1.574.313 5r5 EXPEMDITURE ON Charltable acilvltl•s: Mlnlstrtes Glvln8 away 107,628 95,795 14,363 103,287 121,991 199,082 124,278 233.603 other 1,020,435 139,079 1,159,514 993,652 Total expendlture 1,223,858 256,n9 1,480,5B7 1,351.533 NEf INCOMEIIEXPENOITUREI 140,1061 133.83Z 93,726 107,420 Tran5fer5 b•twe•n fur 21 9.205 19,2051 Net mov•m•nt b•twe•n fund$ 130,9011 124,627 93,726 107,420 R•eondllatlon DT funds Total fvThJ5 Ixought fonyard 2,628,116 43,956 2,672.072 2.564,652 Total lund5 caTrled forward Z,597.215 2 765 798 2,672,072 CONTINUING OPERATIONS Ail Income and expendltwe has arlsen frthn contlnulnq actlvltle5. The note5 on page$ 13 to 26 fcym part of these finondal statements. 10
10/07/2026
Phil John
signed on 10/07/2026, 12:30:42 BST
One Church Leicester statement of cash flows for the year ende¢l 31 l>ecember 2025 Year ended 31.12.25 Year ended 31.12.24 Nole Cash flow frorn operatlng actlvities Cash flow from operatlng acrivtties Net cath provlded by operatln¥ actlvltles 204,068 357,845 068 357,845 Cash flow from Investlni actlvltles Purchase of tan8lble flxed assets Sale of tan8ible fixed assels Interest received 132.4661 182,1731 320 7,631 6,404 Net cbsh (used Inllprovlded by Investlw 4ctlvft1•5 Cash flows from flnanclnl actlvltles Movement In l¢)ans Interest Pald 126.0621 174,2221 162,6141 139,3621 1101,9761 1217,1411 149,8361 N•t cash Iu5•d In)Iprovld•d by flnanclng actlvliles Chanqe In cash iftd cash equlyalents In the reportlni perlod Cash and cash equlv4lents at the belllnnlng of the reportlnq perlod Cash and cash equlvalent5 at the end of the reportlng p•rlod 1266,9TII 76,030 332.343 16,646 315,697 332.343 I RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATIWG ACTIVITIES Net Income for th• r•portln8 perlod la5 per the Statwmftnt of Fln4ncl•l Actlvltl•s) 31.12.25 31.12.24 Net movements In fund¥ Adjustments for: l.n4s on dlsposal of tangible fixed assets Depreciation charges Interest recelved Interest pald Ilncreaselldecrease In Stocks Ilncre05clldecrease In debtors Increaselldecreasel In credltors Net cash {u5ed Iny provlded by operatlons 93.726 107,420 2,831 99,594 16,4Q41 39.362 1,103 15.251 141.3951 204.068 7,299 97,710 17,6311 49,836 11731 78,197 25,187 357.845 Z ANALYSIS OF CHANGES IN NET FUNDS At 1.1.25 Cash flow Al 31.12.25 Net cash Cash at bank and In hand 332,343 332,343 76.030 76.030 408,373 408,373 Total Debt Debts fallin8 due thin 1 year Debts fallln8 due after l year 166,9771 1612,6741 1679,6511 1347,3081 166,977} 1550,0601 1617,0371 1208,6641 62,614 62,614 Total 138,644 12
One Churth Lelcèster Notes to the financial statements for the year ended 31 December 2025 I ACCOUNTING POLICIES Basls of weparinB the flnanclal staternents Thtr flnancial statements of the chadtable companyi whlch is a public beneflt entlty FR5102. have been prepared In accordance wlth the Char6tles SORP IFRS1021 Atcountlng and Reportlng by Charltles: Siatemenl of Recornmended Practke Jppllcable to charltle5 preparing their accounts in accordance with the Flnanclal Reporting Standard applicable In the UK and Republic of IreiaNi IFR51021 leffectlve 1 January 20191., and the CompJnle5 Act 20C6. The flnandal statements have been prepared under the hlstodc cost conventior), •th the exceptlon of Investsments wh7ch are Included at market value. One Church Lelce5ter Is a prtvaie company Ilmlted by guarantee reglstered In England and Wales. The adclress of the re8lstered olflce Is ilven In the charity Snfom)ation ort pale 1 of these flnanclal Statements. The si8nlflcant accountlnF pollcles applled In the preparatlon of these finjndal statements are set below. These pollcies have been conslstently applled to all years prdented Iths otheryAse stated. Incom• All Inc(¥ne Is reco8nl$ed In the Statement of Flnanclal Actlvfjtles once the charity has entltlement tD the funds, It Is probable that the Income wfll be recelved and the amount can be measwed rellably. For le8acles. entltlernent is the earller of the charlty befjrq notlfled of an Impending dlstrlbutlon or the lesary being received. At thls polnt Income Is recognlsed. On rtcaslon le4acles wtll be notlfled to the charlty however It 15 IV)t posslble to measure the amount expected lo be dlstdbuted. On th Occas1¢$, the legacy 15 Ireated Js a contlnlent asset and dlsdosed. Expendlture Llabllllles are recognlsed as expendlture as %>on a5 there Is a le8al or con5tructlve obll8allon commlttlns the charlty to that expenditure, It is probable that a transfer of economlc beneflts wlll be requlred In settlement and the amount of the cknll8ation can be measured rellably. ExperKllture is accounte(I for on an accrua15 ba$15 and has been classlfied Under headlngs that a8greqate all c051 reiatlns to the category. Where cost cannot be dlrectly attrlbuted to partitular dlngs they have been allcuted to Ktlvitie5 on a basis con51stent th the use o( resowces. Ton8lble flxed assets It Is pollcy that monles received reLatlni to buildlng and capltal projects are translerred to Untricted fund5 once the tryjllding work5 and projects have beEn achleved. Depreciatlon ls provided at the follow+ng annual rates in order to wrlte off each a55et over It5 estimated useful life.. Church Equlpmenl 15% on redLKln8 balarKe Way Coffee flxtures and fittlngs 15% on reducing balarKe Improvements to freehold property Calculated over 30 years at C05t Improvernents to leasehold property 15% on dUCIng balance Freehold property 2% on c05t Investment property Investment properties are sh)wn at thelr open market value. Any revoluation gains or losses are taken to the Statement of FIwbaTrcial Actfvftles ISOFAI. 13
One Church Ldce5ter Notes to the flnandal statement5 for the y•ar 31 December 2025 1 AccouimNG POLICIES (CONTINUED) Taxatlon The charlty Is exempt from corporation tox on Its chjritable actlvltles. Fund Accountlnq Unre5trlcted lunds can be used in accordaKe wlth the charftjble objectlves at the thscretlon of the tru5te*s. Re5trlcted funLts represent Income and can only be used for partlcLblar restr5rted purposes wlthin the objects of chartty. Re5trfrtlon5 artse %then 5peclfled by the donor w wh funds are ralsed for particthr restritted p0St5. Further expLanatlon of the nare and purpose of eath fund Is IIKId In the notes to the flnancial statements. Hlr• purchase and leasln8 commltments Rentats pahj Ler cperatlnB leases are char8ed to the Statement of FInalaL Actfvltle5 on stralght Ilne basls ¢)ver the perlod of the lease. P•nslon Costs and other post retIremt ben•flts The chadty operates a deflned contiitwtlon penslon scheme. Contrlbutlons payable to the harltable companys penslon scheme are charqed to the 5taternent of Flnandal Actlvltles In the peilod to bthlch they relate. Debtors and cr•dltors recelvabl•lpw•bl• wlthln on• year Debtors and creditor5 are stated at trènsactlon prlce. Cash ind cash equfvaleTrt5 Cash and ch equfvalents comprfse tash on hari(i ai)d cash on deposlt. Golrf4 Concern The fInCIal Statements have been prepared on a 8oin8 CObKem bas15 as the t(ustee5 belleve that no rnar•rlal iincertaln(les exlst. The trv5tees have consldered the level of funds held and the expected level of Income and expendlture for 12 monihs from auth0ri51rig these f?nanclèl staterllents. The budgeted Incorne and expendltufe u5 sufflclent wlth the level of reserves for the charfty io be able to contlnue as a 8oln8 concem. Stocks Stocks are slated at the lower ol c05t and v¥lMI)ated selllnq prlco ie5S Costs to complete and sell. Cost Incllftles all costs of pwchase, costs of converslon and other costs incurred In brfn8ing stock to its present locatlon and condition. Cost is calculated u5ini the fir5t-in, first. out formula. Provlslon 15 made for damaged, obsolete and slow-rnoving sth where appropriate. 14
One Churth L•k•5ter Notes to the flnancial statements ftir the year ended 31 Dècember Z025 Z DONATIONS AND LEfAciES Y•ar ended 31.12.25 Year ended 31.12.24 Legacles Regular Gfving Glft ald Grants Mlsslon Irrne RestrSrted Glvln8 Vlslon fund 2023 V151on fund 2025 Vlsion fuNI 2026 T13,957 146.342 14,565 66,929 45,644 679,999 135,795 24.710 58,111 40,154 131,274 143,773 97,711 165,712 Of totsl Income from donatlons and le8actes £9ZO,29912024: É815,7951 was unrestrtcted and £390.561 12024.. £398,021) was restrfcted. 3 OTHER TRADING ACTIVITIE5 Year •nded 31.12.25 Y••r wded 31.12.24 tlvltle5 and clubs Oak Centre Way Coffee 4,539 66,838 79,958 66,272 97,055 Of totsl Income frTrm other tradlnq actlvltle5 £168,731 12024: £151,335I was unrestrlcted and INII 12024." £NIII wJ5 Testdcted. 4 INVESThlENT INCOME Yew eTrd•d 31.12.ZS Year •r 31.12.24 Rent recefved Rent recelved No 12 and car park Deplt account Interest 23,345 64.973 16,020 70,151 7,631 94,722 93,802 Of total IncLMne from Investments £94.72212024: £93,802> was unrestrlcted and £NII12024: £Nill Wa5 rEstrlcted. 5 OTHER INCOME Year ended 31.1Z.25 Year ended 31.12.24 Profit on dlspusal of flxed assets Other Income Of total other £Nil12024: £Nil) was unrestrrcted a)d £Nil12024'. £Nil) wes rgstrKt¥d. 15
One Church Lelcest Note5 to thè flnancial statements for th• year end•d 31 Decanber 2025 6 UIARThABLE ACThlEs COSTS Dlrert Costs {see note 71 Mlnlstrle5 GIvbfrf4 121,991 199.C¢2 321,073 7 DIRECT COSTS OF CPIARtfABLE ACTIVITIES 31.12.25 31.12.24 Mlnlstrles Gfvlng Away. Indlylduals Glvlng Away - InrtltLrtlons 121,991 32,545 166,537 124.278 30.057 203,546 31.12.25 Unrestrfcted Re5trfcted fund$ fund5 31.12.24 Unre5trlrted Restrtrted fund5 funds Total Fth)ds Total Fwd5 Mlnlstrles Glvii)q Aw•y Indhddu415 In5tltutlorns 107,628 14.363 121,991 109.104 15,174 124,278 9,453 86.342 Z3.092 80,195 17,650 32,545 166,537 321,073 21,449 75,781 206.334 30,057 127,765 203,546 151,547 81 357. OTHER Included In the other pxpendlture Is as followts.. 31.12.25 Unre5tr5cted Restrlcted funds funds J1.12.24 UnTe5trl¢ted Restrtrted furKIs funds Total FLmds Total Fund5 Wa8es & SaL8rles Project Costs Other Operat1 eys Finance costs-bank ch8rge5 G0manCe costs- at fees Goyemance costs- legal fee5 653.475 46,OD2 296,494 3.005 656,480 46,002 432,568 577,955 45,761 314,410 5,931 1,031 26,766 583,886 46,792 341,176 136,074 8.376 8.376 6,453 6,453 14.9Z8 14,928 14,195 14,195 1,160 1,160 1 159 514 1,150 959 924 1.150 1 020 435 16
One Church Lekester Note5 to the flTranclal statements for the year end•d 31 Decèmber 2025 8 (IfHER IcotrmNUED Induded In the analysls al¥)ve Is experththture relating to the Oak Centre a5 follth¥s.' 31.12.24 31.12.25 Wales Soclal securlty Penslons Repairs, cleaninq and maIntenae 23.115 1,740 1,259 25,286 31.3Z7 1.B04 1,890 14.216 kll Caterfn8 Project C05t5 Offlce expense5 Telephone and costs Insurance Bank charys 4,877 8,594 9,297 507 927 2,445 6.903 8,813 1,059 633 69,479 76,207 9 NEr tNCOME/(EXPENDITUREI The total fee paid to audltor wa5 £14,940 Tnclwive of vat11024.' £13,980 Incluslve of vati whlch was £14,940 for the aL*Jlt and £NII12024'. £noi for other services. 17
One Church LeTcester Not•s to the fln•ndal sthtements lor the year ended 31 December 2025 10 TRUSTEES. REMUNEIATION AND BENEFrrs followln8 trnstees recelved ernoluments durlng the year. They are pald in thelr capadty as mlnf5ters of the Church for Tch the legal authorfty Is ilven In Art7cles of assoclatlm. Year endod Year ended 31.12.25 31.12.24 D Hind Remuneratlon f¢y mlntstry sw>port Pen51on contrlbutlon5 Beneflts In klnd 52,044 6,245 2,496 50,052 6,006 2.490 T Hlnd Remuneratlon for mlnlstry support Penslon contdbut1S 35,028 1.051 J Pre5twlth Remuneratlon for min15try support Penslon contrlbutlons 36,432 1.82Z 36.228 1.811 Trust••s' •xpenses There were no trustees. expenses pald (or the year ended 31 December 2025 1101 for the year ended 31 Decembe¥ 1024. 11 STAFF COSTS Year •red Yur •nd•d 31.IZ.Z5 31.12.24 Salarles arml wages Soclal securlty Costs Pen51on costs 563,083 46,616 46,781 526,409 31.476 26.1 656.480 583.886 7he averase nlber of person5 employed by the chartty durlng the year was as follows.. Year ended 31.12.Z4 31 Yoar e•)dÈd 31.12.25 32 Total number of staff s emplgyees received total employee benefits {excludlng employer penslon c05ts1 of more than £60,000. 18
One Church Lelcester Notes to the fln&nd•l statements for th• year ended 31 December 2025 12 COMPARATNES FOR THE STATEIIEHT OF FINANCIAL AcnvrriES Unre5trkted Funds Restricted Funds 2024 Total Fund5 INCOME AND ENDOWMENT5 FROM Donatlons and leqacie5 Other tradin8 actItIeS Investment Income Other Total 815,795 151,335 93.802 398,021 1,213.816 151.335 93.802 EXPENDrruRE IXI Charftable actlvlties Mlnlstrles Glrfn8 away Other Total 109,104 97,230 959,924 1,166,258 15,174 136,373 33,72B 185,275 124,278 233,603 993,652 1,351,533 NEf INC¢XEIIEXPENDITiIRE 1105,3261 21Z.746 107,420 Tr•nsf•rs b•two•1) funds 340,035 1340,0351 t4et mov•ment In funds 234,709 1127,2891 107.420 RECONCILIATION OF FUNDS Totsl fund5 brought fonvard 2,393,407 171,245 2,564,652 TOTAL FUNDS CARRIED FORWARD 2 628 116
On• Church Lelcester Notes to the financlal stitements for the year ended 31 December 2025 13 TANGIBLE FIXED ASSErs Leasehold Improvements Fr••hold Prop•rty Wwi Flxtur & Flttln Church EquIent Total COST At 1st January 2025 Additi¢Jis DiSpOts At 31st December 2025 32,540 12,075 2,465,627 22,089 258,175 20,391 111,7351 2,778.431 32,466 111,7351 44.61 ,465.6 DEPRECIATION At 1st January 2025 ChJrge for the year Ellmlnated on dlsposa15 4.881 5.960 157,127 68,467 4.534 3.313 117,040 21.854 18,904) 283,582 99,594 18,9041 74,272 225.5 NET BOOK VALUE At 315t December 2025 33,774 2,240,033 14.242 136.841 2,424,890 Al 31st Decernr 2024 27,659 2,308,500 17,555 141,135 2.494,849 Clpltal commltrnent5 At the year end, the charlty had capital commitments of £192,64512024'.£5,836 14 INVESTMEKf PROPERTY 31.12.25 31.11.24 Market valLR at l January 2025 Market value at 31 December 2025 530,0)0 530,LK 53 The orlglnal c05t of the abDve Investment property at 12 Frog Island, Lelcester was E530.CX)O. A formal valuètion was carrfed out on 26 April 2022 by Mus50n Llgglns. The trustees conslder that the valuatlon as at 31 December 2025 Is falrty stated. 15 DE8TORS: A4OUNfi FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Trnde debtors Other debtor5 Prepayments and accrued Iniome 15.083 32.017 7,048 54,148 18,170 16,703 34,526 69,399 20
One Churth Lelcester Not to the flnanclal statements for the y•ar ended 31 December 2025 16 CREDrroRS: AhlCXJNTS FALUNG DUE WIThIN ONE YEAR 31.12.25 31.12.24 Bank loans and overdraft5 (see note 181 Trade credltors Soclal securlty and other taxe5 Other creditor5 Accrued Expenses 66.977 29.499 11.784 6.849 30,366 19.114 16.756 2,225 19,281 17 CREDITORS: AIAOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.12.25 31.1124 Bank lo)n5 and ¢verdrafts1see note 181 570,333 61 Z,674 18 LOANS An analy515 of the rnaturfty of loans 1$ 8lven below.. 31.12.Z5 31.12.24 Amounts falllnq due wlthln one year on demand: ank loans 46.704 66,977 Arnounts fallln8 due between one and two years.. Bank loans - 1.2 years 46,704 66,977 Amounts falllng due between two and Ilve year5.. Bank loan5 . 2.5 years 140.112 20),931 Amounts falllnq In more than fSve year5: Bank loans - more than 5 years 383,517 344,766 19 LEASING AGREEMENTS Mlnlmum lease payments under non-canceliable leases fall due as foll¢JWS: 31.12.25 31.12.24 Wlthln one year Betwew one and flve year5 165 330 330 20 SECURED DEBTS The follow5 secured debts are included wlthln CredIt$. 31.12.25 31.12.24 Bank loans The bank loan Is secured on the properties at 10 and 12 Frog Island. 617.037 679.651 21
One Church Lelce5ter Notes to thp fiftandal statements for the year ended 31 Decemb•r 2025 21 l•lOVEMENT IN FUNDS Net rn¢)vement in funds Transfers between At 1.1.25 At 31.12.25 Unr•strfcted f4fftds General 2,628,116 ,628,116 {40,106) 140.106) 9,205 9.205 2.597,215 2,597.215 Restrlet•d funds Grants Spedflc Glvlng BSL Vlslon 2025 Vision 2026 Unlted f,911 2.103 425 39,517 {1,212) 11.193) 813 130,312) 159,239 6,497 699 910 1,238 9,2051 159,239 6,497 43,956 133,832 19.2051 168,583 TOTAL FUNDS 2,672,072 93,726 2,765.798 Net movement In funds. Included In the above, are as follows: Incoming R•sniJrces Resource5 e4)ended hlovement In funds Unr•strl¢t•d funds General fund 1,183,752 11,223,858) 140,1061 Re$cted funds V15ion 2023 VtsIC 2025 Vlslon 2026 Change One Mlsslons Kenya SpLIa( Grant5 Speclflc GlvFng Open Hands Ble551n8 Fund BSL Unlted 97.711 165,711 30,969 12,798 23,244 14.565 13,222 21.718 660 813 9,149 390.561 1128,0231 16,4731 130.9691 112,7981 123,2441 115,T171 114,4151 121,7181 16601 130,312 159.Z39 11,2121 11,1931 813 6,497 133.832 12,6521 1256,7291 TOTAL FUNDS 1,574.313 93,726 22
One Churth Lelcester Notes to thè financial statements for the year ended 31 December 2025 21 MOVEMENT IN FUNDS (CONT114UEDI Restrfcted funds Open Hands Funds given by members of One Church for the work of Open Hands Trust Chan8e I FlS 8iven fc* the support of sclKJol chlldren In the IAukuri 51um In Kerwa M1551on fund Fund5 glven spedflcally for m1551on can only be spent for m15slon Warm Welcome Space and LCC Ward Flnance grants The Warm Welcome Space giant ha5 been 8lven towards utlltles at the Oak Centre and the LCC Ward Flnance grant ha5 been slven toward5 the Oak Centre Ple Lunch project Spfrdflc Glvl Inclvded In 5peclflc 8lvlnq 15 £3CQ to the Unlted Youth projeci, £186.90 to be dlstrlbuted to UCB arKI £413.90 towards any on801ry costs related to eqthprnent at Oak Centre. Vlslon 2026 Funds recelved for the demolltlon of No 12 Frffj Island. Vlslon 2025 Funds recelved speciflcally to brfng down the mortgage, to demollsh the rampi to bulld up In the communlty, and to bjld up mini51rfe5. BSL F5 glven 10 support member5 of the deaf communlty. UNITED Funds glven to support other churces across Lelcester Lelcertershlre, and to run Jolnt events Wth them. Tranjfers b•tween funds Transfer5 were made from grnnts and 5peclllc 4lYlng to unre5trfcted funds whlch represent capltal expendlture aquired for 8eneral use and not lor a restrlcted purpD5e, Transfers were also made froffl restricted funds to unrestrlcted for the aikjitlonal mortgage payment5 made durirq the year. 23
One Church Lelcester Notes to the flnancial ststements for the year ended 31 December 2025 21 MOVEAIENT1tr4 FLINDS {COMnNUED) CoMparatiYe5 Ivr moywnent In funds Net Transfers movement b•tw••n In funds fund5 At 1.1.24 At 31.12.24 Unr•strlrted funds GeneTal 2.393,407 2,393,407 1105,3261 1105,3261 340.035 340,035 2,628,116 2,628,116 Restrlcted fuhds Grants Speclflc Glvl BSL Vlslon 2023 Vlslon OfferlTh4 1,293 22.112 2,535 425 46,319 141,355 212,746 121,494 {1,294 1,911 2,103 425 169,090 1215,4LPI 1101.8381 1340,035) 39,517 43,956 171.245 TOTAL FUNDS 64.652 107,420 2.672,072 24
Ckne Church Lelcester Note5 t¢ the fin*ndal stat•ments for the year ended 31 December 2025 21 MOVEMEITf IN FUNDS ICONTIMUED Comparative net movement In fLnds. Iluded In rhe atthfe are as follow5: Incomlnq restyjrces expended funds Unrestrfcted fund5 General fund 1,060,932 11,166,258) 1105,326) Restrlct•d funds V151on 2023 Vlsion 2025 Change One MIs510n5 Grant5 Speclflc Gfvlng Open Hands Blesslnl Fund 8SL 131.274 143.773 31,416 26.695 24,710 25,tK)8 13,956 514 675 184,9551 12,4181 131.4161 126,6951 {2,5981 122.4731 113,956> 15141 12501 46.319 141,355 22,112 2,535 425 TOTAL FUNDS 1,458,953 11.351,5331 107,420 2S
One Church Lelcester Notes to the financial statements lor the year ended 31 December 20Z5 22 RELATED PARTY DISCLOSURES Durlng the year E88,99112024: £74,437) of dcallonS were received wtttr*iut condttions from trustees. Two of the trustees also servè on the board of Open Hands Tnt ILelce5terl (Reglstered Charlty No. 1121334) and dudn8 the year One Churth Lelce5ter made a £21.71812024- £63,418) donatlon to th15 charity. Also durin8 the year costs of £11,28912024: C12,8051 have been recharied to Open Hands TIu5t ILeice5terl in retation to adminlstration and accounts costs, and £88312024.. £Nill was rechJryd to One Church by Open Hand5 in relation to Staff cover. At the eThJ of the year, On Hand5 Trust owed £3.501 12024:£1,4481 to Lkne Church Leicester. HarKJ In Hand Preschool. who are part of Hands Trusti pald rent of £25,ZOO12024: £28,8} to One Church Lelcester. One of trustees is a150 a trustee of Lepcy Mln15trle5 Internotlonal. Durtng the year, (e Church Lelce5ter charqed Leqacy Mln15tr1es Internat101 CNII12024: £9201 for Verm hlre. One of the trustees Is also a trustee of The S4fflre5 Project. DudnB the year, donattS of £1,200 12024: £I.2Cl were rnade to The Safflres Project. 23 POST OALANCE SHErr EVENT5 HIber 1Z Frog Iand was demollshed In the flr5t half of 2026. The Trustees have consldered the value aTrJ conslder that it Is not Impalred, and approprlateiy reflects thc value DI the lantl at 31 December 2025. 26