REGISTERED COMPANY NUMBER: 10528030 (England and Wales) REGISTERED CHARITY NUMBER: 1172339
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
REVIVAL CHURCH, BILLERICAY
REVIVAL CHURCH, BILLERICAY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 15 |
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The year ending March 2025 has been a year of challenges and great opportunities for Revival Church Billericay and the ministries associated with it. It has been a year in which we have seen incredible answers to prayer and experienced the faithfulness and goodness of God in so many ways.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our main objectives for the year ending 31st March 2025 continued to be:
1. The advancement of the Christian faith
Strategies: In-person and online teaching in both small and large groups.
2. Christian Education
Strategies: Small groups meeting online and in-person, Sunday teaching and other events with Christian speakers.
3. The relief of people suffering (hardship or sickness and the distress caused by it)
Strategies: Pastoral care, giving to other charities that support the relief of suffering (e.g. Open Doors). Expanding the work of Baby Basics Billericay in our community, and using the Relief Fund to provide financial a ssistance for those in the church family and connected to it who have financial challenges.
4. Supporting other community facilities and provisions
Strategies: Supporting Billericay Community Pastors, Schools Ministry Billericay and Baby Basics Billericay.
HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT
We have actively supported the work of Community Pastors, with individuals in the church volunteering time into the project, in prayer and also financially.
We continue to support the work of Schools Ministry Billericay financially, prayerfully and in individuals from the church volunteering their time to support this work.
The Baby Basics Billericay project has seen a large increase in referrals in the last 12 months. This is as a result of a widening group of referrers and the ever-increasing number of vulnerable families and women needing our support.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities.
ACHIEVEMENT AND PERFORMANCE Charitable activities
Sunday Mornings
We continue to meet at the Chantry Centre in Billericay on a fortnightly basis. We have five age-specific groups for children and young people after our corporate time of worship. Where possible, the adults and children follow the same teaching theme.
Members of the church family also have the opportunity to be part of a small group (Connect Groups) and there is also a group for the young people to connect once a month at The Hangout.
The Connect Groups aim to meet on the alternative weeks when we are not gathering at the Chantry Centre. Throughout the year we have had several external speakers at the Chantry Centre.
Page 1
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENT AND PERFORMANCE
Congregational activities
Our Sunday morning gatherings at the Chantry Centre continue to be a focal point for the church family. We have seen numerous visitors over the year and many of them have become part of the church family. The majority of the teaching is done by leaders within the church family but we have also had others speaking including Joanne Moody and her team who led the church's 12th birthday celebrations in November.
The Connect Groups continue to meet to facilitate building up of relationships and support through prayer. New people joining the church have been assimilated into the existing groups.
The Senior Pastors have led Connect Group Leaders' meetings every three months to facilitate the sharing of what is working well in the groups and to pray for and encourage the leaders. The Connect Group leaders have also been assigned a senior leader who they meet with on a regular basis to support and strengthen their leadership.
In February 2025 we appointed a part-time Children and Youth Leader to help support and develop our children and youth groups and also develop these areas of church life alongside the Senior Pastors. The aim is to create an intergenerational church family who worship and serve God together.
Senior Pastors, Jane and Andy Robb, meet with the church's Key Leaders on a regular basis to strategise, pray and plan events.
Regarding the prayer life of the church, there is a regular weekly prayer gathering at The Love Billericay Centre in Billericay High Street.
We held a Church Day Out in June 2024 that created a great opportunity for the church family to gather in the beautiful surroundings of Pilgrims Hall. It was a fun day with plenty of opportunities for connection. There were organised craft activities for all and after a picnic lunch everyone participated in team games. Our Revive Spiritual Spa team was also there to showcase to the church family what the ministry involves and also minister to those who were there.
In July 2024 the Revive Spiritual Spa team took part in a town-wide event in Billericay called SummerFest. There were 1,000s of people in attendance and great opportunities for the Spa team to minister the love of Jesus to many people. The Spa team were again in operation at The Love Southend event in September.
At the beginning of the autumn term and the spring term we held a week of prayer and fasting with daily opportunities for the church family to engage either online or in person. In the autumn, each day was based around a different theme under the banner of 7 Days to Bless our Town. In the spring term we focused on worship, thanks and seeking to hear what God was saying to us as a church family.
In September 2024 Andy and Jane led a 10-week Freedom in Christ Course that was attended by 14 people. It was a great resource to enable individuals to take hold of the freedom that is theirs in Jesus. The course Culminated in the Steps Day held at Pilgrims Hall in December.
In October, 5 people were baptised and we also had two baby dedications in the autumn.
To enable new people to understand the leadership, governance and heart of Revival Church Billericay we held a New People's Group over two evenings in the spring of 2025. Those who attended found it very helpful.
Throughout the year the pastoral support of individuals in the church has continued on a one-to-one basis as needed.
The Relief Fund continues to provide small financial gifts to those in need.
Page 2
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENT AND PERFORMANCE
Community / Outreach Activities
In June 2024 Billericay Street Pastors transitioned to Community Pastors to bring all the various initiatives (Street Pastors, School Pastors and Rail Pastors) under one banner. The official launch was a great occasion and individuals from Revival Church Billericay continue to be involved with this amazing work. The work of Community Pastors is still much valued and appreciated by the town.
Our support of Schools Ministry Billericay has also continued this year, both financially and prayerfully. In March they hosted a multi-media event on the life of Jesus for all school children in years 5 and 6 in Billericay. There was a team from the church who supported this event.
As mentioned previously, Baby Basics Billericay has continued to grow over the last 12 months, and donations from our local community have enabled us to help many mothers in need. We have had really encouraging feedback from the midwives, health visitors, social workers and other professionals who use our service. From April 2024 to March 2025 Baby Basics has supported 196 children (109 children in the same period last year). The Project Coordinator Role (1 day a week) continues to be funded via a grant from Essex Community Foundation. This role has enabled more grants to be applied for and greater community contacts to be made. Two new volunteers have been added to the team this year. Despite the increased rate of referrals there have always been sufficient donations and funds to provide what is needed for every referral.
Significant Event Impacting Church
On 4th April 2024 8-10 High Street Billericay, which was the location of the church office, the base for Baby Basics Billericay and the area being renovated for weekday events for Revival Church Billericay, was the subject of an arson attack. The fire caused significant damage to the church office and Billericay Baby Basics. The space that the church had been renovating was relatively unaffected by the fire except for minimal smoke damage. The landlord immediately provided temporary accommodation for Billericay Baby Basics and the church office in a vacant office on the first floor of the building. This has enabled the work of Billericay Baby Basics to continue unaffected and similarly the church office is functioning as before. The temporary office has been provided free of charge and all rental payments on 8-10 High Street have stopped. The landlord's building insurance is covering the cost of the building repairs required. At present the landlord is still in the process of working with their insurance provider to settle their claim.
Revival Church Billericay's contents insurance covered the cost of the stock and contents that were damaged by the fire. Our contents insurance claim has now been received in full. Whilst the fire at the High Street premises has delayed the initiation of some new projects it has not impacted the current activities of the church in a negative way as shown in the report above.
In the aftermath of the fire, both the local church and the community were amazingly supportive, and this event has increased awareness of the work of Revival Church Billericay and Baby Basics Billericay.
Our Sunday morning gatherings remain unaffected as these happen in a different building.
The Trustees continue to monitor the situation on an ongoing basis.
Page 3
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW Financial position
Banking and bookkeeping were carried out by Susan Cormack during the year.
We have maintained a healthy financial position during the past twelve months that we are very grateful to God for.
The closing balance of the Revival Church Billericay bank account on 31st March 2025 was £98,308.
Of that, £24,413 was designated for Baby Basics Billericay and £1,043 for the Building Fund.
The monies held in the church Building Fund account with Kingdom Bank was £38,803. This consists of the Reserve Fund of £16,500 and the Building Fund of £22,303.
Revival Church Billericay has a Finance Policy and a Reserves Policy.
It was agreed at our Trustees meeting in September 2024 that the level of reserves should be increased to £16,500. This is three months' running costs for Revival Church Billericay inclusive of restricted funds of £2,500 for Baby Basics.
Principle Funding Sources
Currently, funding comes primarily from personal donations to the church, supplemented by monies recovered from HMRC under the Gift Aid scheme.
Grants that have been applied for by Baby Basics are designated as restricted funds for their use only.
The monies for the renovation work have moved from the Kingdom Bank account. These monies were restricted for use for buying or renovating a building.
FUTURE PLANS
In the coming year we plan to continue supporting Community Pastors, Schools Ministry Billericay and Baby Basics Billericay.
We will continue to build relationship with the other churches in the town and to support the work of Churches Together in Billericay.
We hope that the launch of the premises in Billericay High Street will take place in the financial year commencing April 2025. This space will provide many opportunities for Revival Church Billericay to bless the town.
In the coming year we are looking forward to new opportunities to minister God's love and power in our community and region.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is is governed by its Memorandum and Articles of Association and constitutes a Limited Company limited by guarantee, as defined by the Companies Act 2006.
Organizational structure
Andy and Jane Robb are the Senior Pastors of Revival Church Billericay and are supported specifically by three Key Leaders. It's trustees are: Colin Plank, Keith Bilton, Linda Norton, Andy Robb and Jane Robb.
Keith Bilton has been acting as Company Secretary during the past 12 months.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
10528030 (England and Wales)
Registered Charity number
1172339
Page 4
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Registered office
8-10 High Street BILLERICAY CM12 9BQ
Trustees
Mr C A Plank Chartered Surveyor Mr A K Robb Senior Pastor Mrs J A Robb Senior Pastor Mr K Bilton Mrs L Norton
Company Secretary
Mr K Bilton
Independent Examiner
C. M. Tams F.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Revival Church, Billericay for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
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 charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 1 July 2025 and signed on its behalf by:
Mrs J A Robb - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF REVIVAL CHURCH, BILLERICAY
Independent examiner's report to the trustees of Revival Church, Billericay ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C. M. Tams F.C.A
Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
1 July 2025
Page 6
REVIVAL CHURCH, BILLERICAY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 111,029 Investment income 2 - Other income 12,439 Total 123,468 EXPENDITURE ON Charitable activities Core 98,544 NET INCOME 24,924 Transfers between funds 12 (588) Net movement in funds 24,336 RECONCILIATION OF FUNDS Total funds brought forward 74,086 TOTAL FUNDS CARRIED FORWARD 98,422 |
Restricted funds £ 27,844 487 - 28,331 15,445 12,886 588 13,474 36,784 50,258 |
31.3.25 Total funds £ 138,873 487 12,439 151,799 113,989 37,810 - 37,810 110,870 148,680 |
31.3.24 Total funds £ 113,127 558 775 |
|---|---|---|---|
| 114,460 | |||
| 90,162 | |||
| 24,298 - |
|||
| 24,298 86,572 |
|||
| 110,870 |
The notes form part of these financial statements
Page 7
REVIVAL CHURCH, BILLERICAY (REGISTERED NUMBER: 10528030)
BALANCE SHEET
31 MARCH 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 10,038 CURRENT ASSETS Debtors 10 4,336 Cash at bank and in hand 86,901 91,237 CREDITORS Amounts falling due within one year 11 (2,853) NET CURRENT ASSETS 88,384 TOTAL ASSETS LESS CURRENT LIABILITIES 98,422 NET ASSETS 98,422 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 50,258 50,258 - 50,258 50,258 50,258 |
31.3.25 Total funds £ 10,038 4,336 137,159 141,495 (2,853) 138,642 148,680 148,680 98,422 50,258 148,680 |
31.3.24 Total funds £ 11,028 2,609 100,548 103,157 (3,315) 99,842 110,870 110,870 74,086 36,784 110,870 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1 July 2025 and were signed on its behalf by:
Mrs J A Robb - Trustee
The notes form part of these financial statements
Page 8
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or over the lease term, whichever is shorter.
| Improvements to leasehold property | - | 33% straight line |
|---|---|---|
| Plant and machinery | - | 20% straight line |
| Fixtures and fittings | - | 20% straight line |
| Computer equipment | - | 33% straight line |
The charity has a policy to capitalise assets in excess of £250.This will be reviewed by the Trustees on a yearly basis.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Donated goods and services
Donated goods and services are recognised as income and expenditure in the statement of financial activities where the fair value to the charity can be measured reliably.
General services provided by volunteers and organisations are not recognised in the statement of financial activities.
Page 9
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Deposit account interest | 487 | 558 |
| GRANTS PAYABLE | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Core | 17,916 | 16,258 |
| The total grants paid to institutions during the year was as follows: | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Giving to Network | 4,146 | 4,025 |
| Christian Concern | 1,100 | 900 |
| Maoz Israel | 3,000 | 4,937 |
| School Ministry Billericay | 2,900 | 2,400 |
| Open Doors UK Org | 1,100 | 900 |
| Community Pastors | 2,338 | - |
| Other institutions | 1,632 | 200 |
| 16,216 | 13,362 | |
| The total grants paid to individuals during the year was as follows: | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Other indviduals | 1,700 | 2,896 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Independent examiners fee | 853 | 979 |
| Other accountancy services | 2,347 | 2,373 |
| Depreciation - owned assets | 4,025 | 1,566 |
3. GRANTS PAYABLE
4.
5. TRUSTEES' REMUNERATION AND BENEFITS
The charity's memorandum and articles of association allowing remuneration to be paid to trustees are approved by the charity commission. The following remuneration was paid to the following trustees during the year
| 31.03.2025 31.03.2024 |
31.03.2025 31.03.2024 |
31.03.2025 31.03.2024 |
31.03.2025 31.03.2024 |
31.03.2025 31.03.2024 |
|---|---|---|---|---|
| £ £ |
£ | £ | ||
| A. Robb J. Robb |
Total | Total | ||
| Trustees' salaries | 19,974 | 19,974 | 39,948 | 35,711 |
| Trustees' social security | - | - | - | - |
| Trustees' pensions | 150 | 599 | 749 | 1,072 |
| 20,124 | 20,573 | 40,697 | 36,783 |
Any Trustees salaries relate to employment services provided and are not remuneration for services as Trustees.
Remuneration paid to J. Haynes, the daughter of a trustee, totalled £1,004 (2024: £Nil).
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Page 10
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
7.
| No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 93,880 Investment income - Other income 775 Total 94,655 EXPENDITURE ON Charitable activities Core 78,586 NET INCOME 16,069 Transfers between funds 13,978 Net movement in funds 30,047 RECONCILIATION OF FUNDS Total funds brought forward 44,039 TOTAL FUNDS CARRIED FORWARD 74,086 |
31.3.25 2 Restricted funds £ 19,247 558 - 19,805 11,576 8,229 (13,978) (5,749) 42,533 36,784 |
31.3.24 2 Total funds £ 113,127 558 775 |
|---|---|---|
| 114,460 | ||
| 90,162 | ||
| 24,298 - |
||
| 24,298 86,572 |
||
| 110,870 |
8. DONATED SERVICES
Temporary accommodation for Baby Basics and the church office was provided free of charge.
The value of the accommodation provided free of charge has been included within gifts and donations and rental costs of premises. The value during the year was £10,094 (2024: £Nil).
Page 11
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
9. TANGIBLE FIXED ASSETS
| Improvements to leasehold Plant and property machinery £ £ COST At 1 April 2024 11,316 5,230 Additions - 576 Disposals - - At 31 March 2025 11,316 5,806 DEPRECIATION At 1 April 2024 928 4,590 Charge for year 3,734 222 Eliminated on disposal - - At 31 March 2025 4,662 4,812 NET BOOK VALUE At 31 March 2025 6,654 994 At 31 March 2024 10,388 640 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Tax CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 74,086 Restricted funds Building Fund 24,415 BabyBasics 12,369 36,784 TOTAL FUNDS 110,870 |
Fixtures and fittings £ 935 - - 935 935 - - 935 - - Net movement in funds £ 24,924 (1,071) 13,957 12,886 37,810 |
Computer equipment £ 2,421 2,459 (399) 4,481 2,421 69 (399) 2,091 2,390 - 31.3.25 £ 2,192 2,144 4,336 31.3.25 £ 803 2,050 2,853 Transfers between funds £ (588) - 588 588 - |
Totals £ 19,902 3,035 (399) 22,538 8,874 4,025 (399) 12,500 10,038 11,028 31.3.24 £ 1,455 1,154 2,609 31.3.24 £ 799 2,516 3,315 At 31.3.25 £ 98,422 23,344 26,914 50,258 148,680 |
|---|---|---|---|
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
12. MOVEMENT IN FUNDS
Page 12
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 123,468 | (98,544) | 24,924 |
| Restricted funds | |||
| Building Fund | 729 | (1,800) | (1,071) |
| BabyBasics | 25,384 | (11,427) | 13,957 |
| Other Restricted Fund | 2,218 | (2,218) | - |
| 28,331 | (15,445) | 12,886 | |
| TOTAL FUNDS | 151,799 | (113,989) | 37,810 |
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.23 | in funds | funds | 31.3.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 44,039 | 16,069 | 13,978 | 74,086 |
| Restricted funds | ||||
| Building Fund | 33,857 | 658 | (10,100) | 24,415 |
| BabyBasics | 8,676 | 7,571 | (3,878) | 12,369 |
| 42,533 | 8,229 | (13,978) | 36,784 | |
| TOTAL FUNDS | 86,572 | 24,298 | - | 110,870 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Building Fund BabyBasics Other Restricted Fund TOTAL FUNDS |
Incoming resources £ 94,655 658 17,210 1,937 19,805 114,460 |
Resources Movement expended in funds £ £ (78,586) 16,069 - 658 (9,639) 7,571 (1,937) - (11,576) 8,229 (90,162) 24,298 |
Resources Movement expended in funds £ £ (78,586) 16,069 - 658 (9,639) 7,571 (1,937) - (11,576) 8,229 (90,162) 24,298 |
|---|---|---|---|
| 8,229 | |||
| 24,298 |
Page 13
REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Building Fund BabyBasics TOTAL FUNDS |
At 1.4.23 £ 44,039 33,857 8,676 42,533 86,572 |
Net movement in funds £ 40,993 (413) 21,528 21,115 62,108 |
Transfers between funds £ 13,390 (10,100) (3,290) (13,390) - |
At 31.3.25 £ 98,422 23,344 26,914 |
|---|---|---|---|---|
| 50,258 | ||||
| 148,680 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Building Fund BabyBasics Other Restricted Fund TOTAL FUNDS |
Incoming resources £ 218,123 1,387 42,594 4,155 48,136 266,259 |
Resources Movement expended in funds £ £ (177,130) 40,993 (1,800) (413) (21,066) 21,528 (4,155) - (27,021) 21,115 (204,151) 62,108 |
Resources Movement expended in funds £ £ (177,130) 40,993 (1,800) (413) (21,066) 21,528 (4,155) - (27,021) 21,115 (204,151) 62,108 |
|---|---|---|---|
| 21,115 | |||
| 62,108 |
The Building fund is towards the purchase, lease or renovation of new premises for the Church.
The BabyBasics fund is for support for new mothers.
Other restricted income and expenditure is restricted offerings for gifts to other charities.
Transfers between funds
Transfers to the general fund for the wages cost the BabyBasics project co-ordinator were £7,062 (2024: £3,878) and for BabyBasics rent were £250 (2024: £Nil).
Transfers from the general fund of £7,900 (2024: £Nil) is the designation by the trustees of part of the insurance claims to BabyBasics for the replacement of fire damaged stock.
Transfers to the general fund of £Nil (2024: £10,100) are in relation to leasehold building improvements that have been financed from restricted income where the restrictions have been met.
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REVIVAL CHURCH, BILLERICAY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
13. EMPLOYEE BENEFIT OBLIGATIONS
The Charity makes contributions into a defined contribution scheme for its employees. The amount charged to the Statement of Financial Activities during the year was £778 (2024 - £1,072). The amount outstanding at 31st March, 2025 was £151 (2024 - £224).
14. RELATED PARTY DISCLOSURES
Total donations from Trustees during the year amounted to £12,275 (2024 - £11,640).
Trustee remuneration and benefits are disclosed in note 5 to the accounts.
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