Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
Registered number: 10498312 Charity number: 1172415
CROSSWAY STRATFORD
(A company limited by guarantee)
UNAUDITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
| CONTENTS | |
|---|---|
| Page | |
| Reference and administrative details of the company, its trustees and advisers | 1 |
| Annual report | 2 - 9 |
| Independent examiner's report | 10 |
| Statement of financial activities | 11 |
| Balance sheet | 12 |
| Statement of cash flows | 13 |
| Notes to the financial statements | 14 - 29 |
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025
| Trustees | Reverend Jamie Child |
|---|---|
| Alasdair Henderson | |
| Daniel McIntosh | |
| Michael Bajomo | |
| Company registered number 10498312 Charity registered number 1172415 Registered office St Matthew's Church, West Ham 38 Dyson Road London E15 4JX Treasurer Alan Bright Company secretary Jennifer Westbrook Accountants Griffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS |
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
Context:
Crossway Stratford’s core values as a church are Gospel Passion, Gospel Word, Gospel Community and Gospel Progress, more detail of which can be found here https://www.crosswaystratford.org/core-values. We inhabit these core values in everything we do, as will become clear through this report.
Crossway Stratford remains significantly focused on the Stratford and New Town area of East London, but in keeping with the character of Stratford, we connect with East London’s larger networked population such that our mission extends beyond the strict boundaries of the Stratford and New Town area to reach many in East London with the gospel of Jesus Christ. Our amalgamation with St Matthew’s West Ham has expanded our focus to include those within the Parish boundaries of the church, with an estimated 2,500 homes.
Achievements and performance:
Crossway Stratford started as a church meeting in Stratford, East London. It began its life in September 2016 with a group of approximately 60 adults and 10 children meeting within a University Campus. We have an average attendance of 178 adults and 72 children at our morning meetings spread across both venues and an average of 30 people at our evening service.
According the London Datastores ‘2016-based Ethnic Group Population Projections’ results, Newham is by far the most diverse London borough (pg.13). We have always taken great joy in being a church family that is reflective of those within our Borough and are grateful for ever-more increasing diversity.
1. Discipleship and pastoral support:
Rev Jamie Child continues as the Senior Pastor of Crossway Stratford and vicar of St Matthew’s, West Ham. Together with the Elders and with guidance from the church Council, he continues to lead the church family.
Sunday meetings
Crossway Sunday meetings centre on the faithful teaching of the Scriptures and Christian education and worship. During the reporting year we have taught through the books of Hebrews, Matthew, 1 John, Titus, Psalms, Acts, Habakkuk as well as topical series on ‘Prayer’, ‘Courage’, ‘What we believe and why it matters’ & ‘Summer Parables’.
Midweek small groups
In the first half of the year, the midweek Bible groups were overseen by the ‘Senior leaders’ of small groups with Jamie Child leading that group. The Senior Leaders oversaw the ‘Leader groups.’ These groups met approximately every 2 weeks with Group Leaders to help them discuss and prepare the up-and-coming studies and to pray together. The aim of these meetings is to support and train the leaders. In the second half of the year the support and training of leaders took a different form with leaders gathering centrally for seminar style training, still focussed on small group work and discussion. These ‘Leader Centrals’ aim to continue the in-depth study of God’s word and prayer whilst also enabling training in other aspects of small group leadership. The small group leaders receive individual mentoring and support in their roles from staff and senior leaders in the church family.
There are approximately 189 people signed up for our small groups which are spread over Wednesday and Thursday evenings. During the period January to April, we enjoyed our ‘Prepare to Partner Course’ in the book of Philippians and moved onto the book of Malachi during May – July. From September to December, the groups started in John which will continue into the following year, whilst a group of new church family members enjoyed participating in ‘the Welcome Course.’
As well as providing further opportunity for Bible study and prayer these groups also provided a significant amount of pastoral support, by creating smaller settings in which care can be better provided.
These groups have offered support for people struggling with mental, physical and financial problems as well as
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
creating a forum for strengthened relationships.
''Crossway Kids' at St Matthew’s and School 21
School 21 site:
Throughout 2025 Crossway Kids (aged 3 to 11) enjoyed gathering for age-appropriate groups on Sunday mornings. These sessions take place at the same time as the Sunday morning meeting. The children join the Sunday morning meeting at the beginning and sometimes the end and then go out for ‘Crossway Kids’ in the middle part of the meeting. Children were split into smaller groups according to age and enjoyed age-appropriate lessons. Lessons included time teaching the Bible, games, crafts and songs. Follow up material for parents to utilise with their children at home was handed out when the children were collected from their sessions. Often the children learnt a truth that mirrored the content the adults enjoyed in the main meeting.
Throughout 2025 ‘Crossway Crèche’ operated at the same time as ‘Crossway Kids’, for babies and toddlers (aged 6 months to 3 years). ‘Crossway Crèche’ generally included free play, Bible stories, Bible songs and a snack based around a structured, cyclical curriculum.
St Matthew’s site:
Children’s ministry at St Matthew’s church also continued to flourish. ‘Crossway Kids’ at St Matthew’s functions in a similar way to ‘Crossway Kids’ at School 21.
‘Crossway Crèche’ continued to run at St Matthew’s church. This functioned in the same way to Crossway Crèche at School 21.
All the above groups, across both sites, were resourced by trained and DBS-checked groups of volunteers. We’ve also recently changed our team structures so that we now have Team Leaders who have greater oversight of individual teams.
From September, groups on the School 21 site had an overall average attendance of approximately 42 children per week, whilst groups on the St Matthew’s site had an overall average attendance of approximately 21 children per week.
Training was provided for the leaders of the children’s groups on how to lead and in safeguarding.
Meeting leaders also sought to regularly include child-friendly content in the Sunday meetings to help the children engage, and All-Age Services were held at Christmas and Easter where all children remained in the main meeting for the duration. Similar childcare arrangements were provided when Crossway ran weekends away or Saturday teaching mornings.
Youth Ministry (‘Roots' and 'Youth Lunches’)
Roots
Currently 10 young people, aged 14-18 years, take part in midweek Bible studies which follow the same pattern as Crossway groups. This is an opportunity for them to explore the Bible in more detail than is possible at the Friday night youth group. This takes place in a home every week, with dinner provided. The Roots group also attend the termly all together prayer meetings.
Youth Lunches
All youth (11-18) are invited to monthly youth lunches. These take place in a variety in different locations, and are an opportunity for the young people to gather on a Sunday whether they have been at church together or not. As they are hosted in different homes they are a good way for the young people getting to know the church family more widely.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Weekends away
Crossway Stratford organised two weekends away during 2025. Both were residential weekends away, at a Christian conference centre approximately 40 minutes from Stratford. The first was in May with Jason Roach from London City Mission helping us on the topic of Hospitality. The second weekend away took place in November taking an in depth look into the doctrine of the Trinity. Both weekends saw 195 sign-ups. Our weekends away continue to be an excellent way of building one another up, deepening our understanding of scripture and our relationships with one another, and we provide financial help to ensure as many people as possible can benefit from this time together.
Trainees at Crossway
Luke Wadehn continued on the team as an Associate. He is engaged in the Cornhill training course and receives mentoring and training at Crossway. He is focussed on Student and Children’s ministry at Crossway among other things.
Amanda Lemon-Thomas completed the London City Mission (LCM) Pioneer Scheme, placed at Crossway. As well as receiving formal training at LCM and a placement away from Crossway, she also served a day a week at Crossway. She has focussed on youth ministry and the Friday morning women’s group.
Staff movements
Layo Obembe, our women’s worker lead, is now employed to work 3 days a week and attends training at Cornhill one day a week.
Yasmin Bartlett, one of our Operations Managers, returned from Maternity leave in July. Olivia Santamas, who provided maternity cover for Yasmin Bartlett, extended her role into the second half of the year to provide additional administrative support and finished her time on the staff team at the end of December. She continues to provide valuable support to the social media team as a volunteer.
Other informal ministries
Crossway Stratford makes a point of trying to stimulate, support and equip people for more spontaneous expressions of pastoral support and discipleship outside of the formal structures that have been put in place to enable this. Below are some of these informal ministries. They include but are not limited to: 1-1 meetings to enable individuals to find pastoral support, study the scriptures and find out more about the Christian faith; midweek women’s groups which discuss the Sunday sermon together; preaching practice groups; and Bible study training groups.
2. Evangelism and outreach:
Sunday meetings
At our Sunday meetings, our aim is always to be as welcoming as possible to people who do not yet consider themselves part of the church and especially those in need and who want to look into the Christian faith. Our meetings were designed to be as accessible as possible, and the church family does an excellent job of welcoming those who are new.
Guest Sundays
During the year we host regular ‘guest Sundays’. These are designed to be Sunday meetings where things are particularly accessible to those who do not consider themselves to be Christian but are interested in finding out more. We held 2 such meetings across 2025. The first one was in March where Andrew Holt spoke to the title ‘Don’t be true to yourself’ and the second one was in July, where Rico Tice spoke to the title ‘A Fresh Start’.
Christmas Services
We again hosted 6 Christmas Services alternating between a more traditional Carol Service that included a Children’s Christmas special running alongside the meeting in a separate room at one venue, and an All-Age Carol Service at the other venue. Our evening ‘Carols by Candlelight’ service at St Matthew’s, proved popular again with 167 adults and children in attendance and the enjoyment of mulled wine and nibbles afterwards.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Christmas Day was quieter this year than last year, with 135 people attending, yet still encouraging to see a number of Parish locals visiting again.
Life Course
We continued our More to Life throughout December 2024 – February 2025. We then ran our Life Course again during June-July 2025, a six-week course designed to enable people to explore the Christian faith in a welcoming, non-intimidating environment.
Hosted in St Matthew’s, each evening begins with a meal at 7pm, cooked and served by volunteers from the church family. Guests sit around tables, and each table has two or three Table Leaders, again volunteers from the church family. At 7.30pm the MC welcomes guests to the evening and introduces a question to be discussed around tables. After ten minutes or so of discussion, the MC invites the speaker for the evening to come to the front and introduce them to the guests. The speaker then takes feedback from the floor before speaking on that evening’s topic – such as ‘What is the Meaning of Life’ ‘How can we know what's true?’ or ‘What's wrong with the world?’
Once the talk is finished, the speaker gives another question for groups to reflect on around their tables, and at this point, volunteers bring in cakes, and tea and coffee is served. After about 15 minutes of discussion, during which guests have also been writing down any questions that they have, the MC and speaker come back to the front, and the final 25-30 minutes of the evening is the speaker answering the questions that have been handed in.
In June-July we had an average of about 30 people across the course – guests and bringers, and in October we had an average of about 15. Once the course has finished, we then ran a follow-up course More to Life which gives further opportunities for people to consider the Christian faith. The numbers on the follow up course are inevitably smaller but are a great opportunity to give people continued exposure to God’s word.
‘Life’ has been very well received, with very positive feedback from both guests and those who invited – the question time in particular is very much appreciated.
Tots @ St Matt’s
Tots is our stay and play session for under 5s and their caregivers. We have lots of play, conversation, coffee and homemade cake, craft, and circle time with a Bible story and songs. This year has been one of consolidation and innovation. We've continued to have around 30-40 children each week with their grownups, and the team works together brilliantly. It's been great to have people join us to serve even for a short time if they are in between jobs, for example, and find themselves free on a Wednesday morning. It's been an absolute joy to have even more Crossway families joining us which helps meet our aim that every guest gets to have a conversation with a Christian, and helps set the tone of the group too. We've also had the most filtering through to other church events this year, mostly by consistent invitation with visible flyers and individual conversations. We had quite a few Tots families attending Carol services, especially the 5:30 Carols by Candlelight.
For the second time, we held the Interactive Nativity Story within the Tots session, and it now feels like an eternal tradition; it was one of our best attended sessions with families really happy to participate. We also introduced an interactive Easter experience in 2025 complete with Easter Garden, Easter nests, crafts and a short talk which reached 45 children and we will repeat it this year.
We've experienced necessity being the mother of invention, as we've had to work creatively around the building work that was taking place in the autumn term. We held three of the Tots sessions outside in West Ham Park, still with refreshments, games and a Bible story, and one time hiring the bandstand and running a full blown forest school, which all worked very well. Our main challenge at Tots has been holding attention during the story time (especially of the grownups!) and as we've experimented with using the space differently, we found that having the story time in a smaller room rather than the main church has really helped everyone to listen better.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Friday Club (Pre-teen Youth Group)
In 2025 Dangerous Club continued to meet every other week for children in school years 5-6. In September the name changed to Friday Club but everything else remained the same. This includes the format of playing some games, having a talk from one of the gospels followed by various activities. A couple of leaders stepped down after the summer, but the team has been joined by one of the students. In September the new year 7s made a good transition up to Friday Night Youth and Friday Club gained a good number of new year 5s. Each week the group has between 6-10 young people attending. All the young people are engaged when we look at the Bible together and really enjoy the activities. In September a goal was set to grow the team for Friday Club so that we can move towards running Friday Club every week from September 2026.
Friday night youth (Youth outreach)
The Friday evening youth group has been able to meet in person, weekly on Friday nights during school term times, regularly taking place at St Matthew’s church. Attendance varied each week, but on average 20 young people consistently attended - each week involving playing lots of games, hearing a Bible talk whilst hanging out together - with another 20 attending sporadically. The team continually prays for the young people as well as relaying the message that the group exists to engage local youth with the Christian message, providing a good opportunity for young people engaged in Crossway church life to reach out to and invite their friends to join. Regular termly youth group socials and fun events have been well attended and enjoyable occasions to continue building good relationships, including group meals, trips to trampoline parks, craft nights and games nights. The youth group is led by a team of trained and DBS checked volunteer leaders.
The Youth group has enjoyed lots of additional outings and events, including a grub crawl visiting the homes of different church family members, separate boy and girl socials, hangouts in the park, trampoline events. The Youth enjoyed an excellent weekend away together in Spring of 2025 and are planning on going on another youth weekend in away in March 2026.
Holiday Club
In July/August, we ran a Holiday Club for the local community. Those leading and helping were volunteers from the congregation who were all trained and DBS-checked. We had on average 37 children each day from Reception to Year 6. Many of whom did not attend our normal Sunday meetings. This work included teaching from the Bible, songs with leaders involved, crafts and games.
Crossway Football Ministry
During 2025 the football ministry was able to run from May 13th to July 15th for young people and adults in the East London area. Sessions consisted of a warm-up, football drills, a gospel talk and a match at the end. Sessions took place on Monday evenings in East Ham for young people aged 11-15 years old and an adult football session for age 16+ to adults.
On average around 4 young people were able to attend the football training each week and hear the gospel talk and around 5 were able to attend the adult football training session each week and hear a gospel talk.
CAP Money Coaching
In 2025, our first full calendar year of implementing Money Coaching, we ran 4 separate courses. March, May, September (Saturday day courses) and November (over 3 evenings online). In March, we had 15 sign-ups with 10 attendees, 6 church members and 4 not from Crossway. In May we had 2 signups and only one attendee with no links to Crossway. We therefore agreed that we would conduct this online rather than in St Matthew’s. In September we had 7 sign-ups and 2 attendees, one not from Crossway. One of the volunteers and Chris are actively following up with this local woman and plan to meet in February 2026. In November we had 15 sign-ups and 9 attendees, with a similar mix of locals, Crossway church family and those not from Crossway but further away. Overall, a total of 39 people signed up to the coaching and 22 attended, with 1 currently being followed up. A closer link with Tots @ St Matts was explored, but it was decided the team would be best placed to continue advertising the day and online courses. A student specific course has not yet come to fruition but could be a good option for the future.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Talking Point English Conversation Classes
Talking Point continues to run at St Matthew’s on Tuesday evenings. We have had good attendance, with another year of about 16 students on average per week, and a mix of settled locals and those going through the immigration process. Sources of students have continued to be word of mouth, church family invites, and the Newham ESOL exchange website (provided by Newham Council). But one addition has been an increase in our publicity online. Talking Point now has a dedicated website and updated google maps location. Most of the new enquiries we have had have come from an online search. One student was even recommended Talking Point by ChatGPT. A number of volunteers have had to step down due to moving away, changing family dynamics or other personal reasons, but we continue to benefit from a committed, diverse and loving team and have been boosted by a handful of other church family coming on board.
There have been continued good connections between the classes and regular church family life – a number of students have attended Sunday gatherings or midweek Small Groups. There have been a couple of attendees on the Life course as of January 2026.
Every week we continue with our Bible storytelling sessions in the last 10-15 mins of the class. We have looked at the grand narrative of the Bible and are now spending the rest of the academic year looking at stories from Jesus’ life. This is optional for the students, yet we have over half on average staying around for these.
We continue to have termly celebration lessons with explicit gospel content (Easter, Summer, Christmas) that were well attended. We continue to provide space for the on average 5 children of students who come each week, overseeing their play, providing a Bible story and craft. While this is not formal childcare, as the students understand they are still responsible for their children in the building, this has continued to be a great chance for our volunteers to minister to them and talk about Jesus.
Wreath-Making Event
We hosted a Saturday brunch Wreath-making Event for adults (for the 5th year running), to be guided through making a Christmas wreath, and to hear a talk on the joy of Christmas given by one of our women’s workers. The wreath-making workshop was led by 2 external volunteers. We had 60 in attendance, some guests returning from previous years. Members of the congregation volunteered to decorate, set up and to help with hosting and food. Some of those attending also attended one or more of our Christmas events.
Mission-partner support
Crossway supports five mission partners; Lea Laurovicova (in Bratislava, Slovakia); the Pope family (in Santiago, Chile); Portia Yiadom (in Accra, Ghana); the Tandy family (in Paris, France); Priscilla (East Asia). Crossway supports these mission-partners financially, in prayer and in practical support where possible.
Looking forward
Rev Jamie Child, with the effective support of the staff team, continues to oversee the ministries and teaching of Crossway Stratford. The Elders and Council continue to provide good leadership, guidance and governance for the congregation with effective communication with the congregation on any relevant matters.
2025 has been another year of encouraging growth and pastoral challenges. There has been considerable debate about whether a ‘quiet revival’ is taking place more widely in society and we have experienced a taste of that with more young people engaging meaningfully with church and the good news of Jesus with increased numbers of new Christians. Baptising new Christians has been a highlight of this year. Alongside this we continue to experience the challenges of a transient location with higher than average levels of deprivation. We praise God for a servant-hearted church family with many people committing themselves sacrificially to staying and serving in East London for the sake of the Gospel. Many speak of the joy of being part of a community of sacrificial service in an area of need.
We take great joy in serving lots of children and our Crossway Kids team has evolved effectively to rise to the opportunity that lots of children and young families represents. This has been a significant investment and we
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
are prayerful that investment in these young families will reap fruit in later years as those families grow, flourish and find greater capacity to serve here in East London.
Alongside this we have been encouraged at growth in the student ministry and growing numbers of recent graduates and those new to working life. We remain committed to investing in those younger in the Christian life for the sake of the growth of the Kingdom of God.
An increased missional focus, with the bedding in of the Life course new missional opportunities and staff focus on outreach, is slowly bearing fruit. Our vision as a church as always been to see the Kingdom of God come in East London and we have been prayerfully asking how we might more proactively pursue that.
2025 saw the launch and completion of our one-off ‘Equip & Expand’ capital campaign to grow and improve the facilities in St Matthew’s church building. The generosity of giving was extremely encouraging and by the end of 2025 we had completed the first and most significant stage of the work. This involved removing rooms at the north end of the main meeting space to increase space to meet in, repairing the west wall of the church and installing a fit-for-purpose Audio Visual setup. 2026 should see the completion of these works.
As we look to 2026 and our 10th birthday we hope to take that opportunity to celebrate all that the Lord has done during that time and to grow a vision for what he might do in the future through us. We are prayerfully considering what expansion might be possible, perhaps through introducing a new site or sites to our church family life, as well as through growing our missional opportunities and training for Christian ministry. Could the Lord lead us to catalyse and commit to a growing and connected network of ministries all with the goal of reaching East Londoners with the good news of Jesus? This 10th year of our life together gives us the chance to seek the Lord’s will in this. Our Annual Vision Meeting in April, Church Vision Evening in September and 10th birthday celebrations at the same time represent excellent opportunities to pray and give substance to that vision if the Lord wills.
Financial Review:
The accounts are for the year to 31 December 2025.
Total unrestricted income during this period was £578,898 Total unrestricted expenditure in the period was £606,397
During this year a new restricted fund was established to facilitate the equipping and expanding of the ministry at St Matthew's which has been referenced earlier in this report. Income for this fund amounted to £193,060 and expenditure was incurred of £135,100 giving rise to a balance carried forward at 31 December 2025 on this fund of £57,960.
The income of the charity was almost exclusively made up of giving and other donations from members of the congregation. 73% of overall giving was in the form of regular donations (including claimed Gift Aid).
During the year the charity made a net investment of £101,000 cash into a managed fund, which is being held with current asset investments at the balance sheet date. At 31 December 2025 the value of this investment was £106,067. At the balance sheet the charity had net assets of £317,797 of which £61,847 represented the aggregate balance on restricted funds, with £90,000 held in a designated, but unrestricted Futures Fund and £165,950 within the general fund.
Reserves policy
Crossway Stratford intends to pursue a reserves policy of holding the equivalent of three months’ unrestricted operating and staff costs. At the end of 2025 these reserves were in place within the Crossway Stratford account.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
Risks and uncertainties
The main risks and uncertainties facing Crossway Stratford are as follows:
Operational risks to health and safety and safeguarding of children and vulnerable adults
The church safeguarding officers are Alison Cox and Megan Hall who regularly liaise with the Chelmsford Diocese safeguarding team. Crossway Stratford has adopted the Church of England’s National Safeguarding Policy. Mrs Cox & Ms Hall liaise where appropriate with the trustees and other parties on any safeguarding matters.
Financial risks
The trustees recognise that the main financial uncertainties arise from the need to provide financially for the staff members and to provide adequate meeting space for the church. These uncertainties have been managed on a day-to-day basis by the Church Operations Manager, Senior Minister and Church Treasurer with regular oversight by the trustees.
Structure and governance:
Crossway Stratford obtained Company status (10498312) on 25 November 2016, and Charity Status (1172415) on 4 April 2017. It is managed by its trustees, under the terms of its constitution, and is a Public Benefit Entity. The Reverend Jamie Child, Mr Alasdair Henderson, Mr Mike Bajomo and Mr Daniel McIntosh are trustees on fixed terms and renewed by congregational votes at the end of their respective terms as laid out in the constitution. They meet six or seven times a year.
The church has a ‘Council’ and together with the PCC for St Matthew’s, West Ham, they met 4 times during 2025. Both groups comprise of godly, mature men and women to whom the trustees look for wisdom and guidance in their decision-making.
Crossway also has a group of trained small group leaders who represent an excellent source of wisdom and leadership in the life of the church.
Crossway Stratford also has two external referees who are available for support and accountability in certain circumstances as laid out in the constitution of Crossway Stratford.
The Church held its Annual General Meeting (also referred to as the ‘Annual Vision Meeting’) in April 2025 for the whole church family and will hold its next Annual General Meeting on 22nd April 2026.
Volunteers
The life of Crossway Stratford is in large part dependent upon the generous partnership of volunteers who consider themselves part of the church family. Most of what has been achieved, under God, would not have been possible without their time, gifts, resources and commitment.
The trustees want to put on record their gratitude to God and these volunteers.
Approved by order of the members of the board of trustees and signed on their behalf by:
................................................
Michael Bajomo (Trustee) Date: 5 April 2026
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
Independent examiner's report to the trustees of Crossway Stratford ('the charitable company')
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 December 2025.
Responsibilities and basis of report
As the trustees of the charitable company (and 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 charitable 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 the charitable company's accounts 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
Since the charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or
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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
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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.
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charitable company's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for my work or for this report.
Signed:
Dated: 8/4/2026
Richard Hill FCA
Griffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025
| Note Income from: Donations 3 Charitable activities 4 Investments 5 Total income Expenditure on: Raising funds 6 Charitable activities 7 Total expenditure Net (expenditure)/income before net losses on investments Net losses on investments Net (expenditure)/income Transfers between funds 17 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 523,119 46,188 9,591 578,898 315 606,082 606,397 (27,499) (1,294) (28,793) 7,870 (20,923) 276,873 (20,923) 255,950 |
Restricted funds 2025 £ 209,579 - - 209,579 - 146,800 146,800 62,779 - 62,779 (7,870) 54,909 6,938 54,909 61,847 |
Total funds 2025 £ 732,698 46,188 9,591 788,477 315 752,882 753,197 35,280 (1,294) 33,986 - 33,986 283,811 33,986 317,797 |
Total funds 2024 £ 508,779 47,225 5,584 561,588 - 568,034 568,034 (6,446) - (6,446) - (6,446) 290,257 (6,446) 283,811 |
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 14 to 29 form part of these financial statements.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee) REGISTERED NUMBER: 10498312
BALANCE SHEET AS AT 31 DECEMBER 2025
| Note Current assets Debtors 13 Investments 14 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 15 Net current assets Total net assets Charity funds Restricted funds 17 Unrestricted funds 17 Total funds |
61,266 106,067 155,733 323,066 (5,269) |
2025 £ 317,797 317,797 61,847 255,950 317,797 |
39,612 - 249,537 289,149 (5,338) |
2024 £ 283,811 |
|---|---|---|---|---|
| 283,811 | ||||
| 6,938 276,873 |
||||
| 283,811 |
The charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:
................................................
Michael Bajomo (Trustee) Date: 5 April 2026
The notes on pages 14 to 29 form part of these financial statements.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025
| Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Bank interest Transfer of cash into investment portfolio Net cash (used in)/provided by investing activities Cash flows from financing activities Net cash provided by financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 14 to 29 form part of these financial statements |
2025 £ 4,281 2,915 (101,000) (98,085) - (93,804) 249,537 155,733 |
2024 £ (43,101) 5,583 - 5,583 - (37,518) 287,055 249,537 |
|---|---|---|
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. General information
Crossway Stratford is a private company limited by guarantee without share capital, and is incorporated in the United Kingdom and registered in England and Wales. It is also registered as a charity with the Charity Commission for England and Wales. Crossway Stratford’s registered office address is 194 Humberstone Road, London, E13 9NQ.
The financial statements are prepared in sterling and are rounded to the nearest £1.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Crossway Stratford meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Income
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Interest is accounted for when received.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 on raising funds includes all expenditure incurred by the charitable company to raise funds for its charitable purposes and includes costs of all fundraising activities events and noncharitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs.
Any Common Fund contributions (none currently) are accounted for when payable. Any amount pledged but unpaid at 31 December is shown as a creditor in the balance sheet. Grants and donations are accounted for when paid, or when awarded, if that award creates a binding obligation.
All other expenditure is accounted for on the accruals basis.
All expenditure is inclusive of irrecoverable VAT.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
(A company limited by guarantee)
CROSSWAY STRATFORD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
2. Accounting policies (continued)
2.4 Tangible fixed assets and depreciation
Tangible fixed assets costing more than £2,000 are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Equipment used within the church premises is depreciated on a straight-line basis over three years.
2.5 Debtors
Debtors are recognised at the settlement amount.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt.
2.8 Financial instruments
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2.9 Pensions
The charitable company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the charitable company to the fund in respect of the year.
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
2. Accounting policies (continued)
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
3. Income from donations
| Unrestricted funds 2025 £ Regular donations (excluding Gift Aid) 374,313 One-off donations (excluding Gift Aid) 74,899 Gift Aid 71,343 Workplace Ministry Fund (restricted) - Other unrestricted income 2,564 Total 2025 523,119 Total 2024 492,407 |
Restricted funds 2025 £ 4,523 173,022 15,515 16,519 - 209,579 16,372 |
Total funds 2025 £ 378,836 247,921 86,858 16,519 2,564 732,698 508,779 |
Total funds 2024 £ 335,076 93,860 61,345 16,372 2,126 |
|---|---|---|---|
| 508,779 | |||
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. Income from charitable activities
| Unrestricted funds 2025 £ Weekend Away income 40,995 Books 1,419 Refreshments 2,856 Events 918 Total 2025 46,188 Total 2024 47,225 5. Investment income Unrestricted funds 2025 £ Bank interest 2,915 Investment income 6,676 9,591 Total 2024 5,584 6. Investment management costs Unrestricted funds 2025 £ Investment management fees 315 |
Total funds 2025 £ 40,995 1,419 2,856 918 46,188 47,225 Total funds 2025 £ 2,915 6,676 9,591 5,584 Total funds 2025 £ 315 |
Total funds 2024 £ 39,314 1,783 4,751 1,377 |
|---|---|---|
| 47,225 | ||
| Total funds 2024 £ 5,584 - |
||
| 5,584 | ||
| Total funds 2024 £ - |
Page 17
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted funds 2025 £ Charitable activities 606,082 Total 2024 554,564 Summary by expenditure type Staff costs 2025 £ Charitable activities 405,409 Total 2024 367,312 |
Restricted funds 2025 £ 146,800 13,470 Other costs 2025 £ 347,473 200,722 |
Total 2025 £ 752,882 568,034 Total 2025 £ 752,882 568,034 |
Total 2024 £ 568,034 |
|---|---|---|---|
| Total 2024 £ 568,034 |
|||
8. Analysis of expenditure by activities
| Charitable activities Total 2024 |
Activities undertaken directly (see below) 2025 £ 696,911 495,917 |
Grant funding of activities (note 9) 2025 £ 31,284 43,184 |
Support costs (see below) 2025 £ 24,687 28,933 |
Total funds 2025 £ 752,882 568,034 |
Total funds 2024 £ 568,034 |
|---|---|---|---|---|---|
Page 18
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
(A company limited by guarantee)
CROSSWAY STRATFORD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Staff costs (note 10) Mission Partners - gifts to individuals Crossway Kids Guest events Weekend Away cost Staff training IT Books Lord's Supper Bibles and Gospels Refreshments Rent (venue) Payroll processing Music costs - including PA upgrade for St Matthew's Reordering costs for St Matthew's Events Total 2025 Total 2024 |
Activities 2025 £ 405,409 11,430 330 1,533 64,735 5,648 3,609 3,416 672 1,222 11,540 48,785 250 32,576 102,382 3,374 696,911 495,917 |
Total funds 2025 £ 405,409 11,430 330 1,533 64,735 5,648 3,609 3,416 672 1,222 11,540 48,785 250 32,576 102,382 3,374 696,911 495,917 |
Total funds 2024 £ 367,312 10,633 406 1,323 38,122 6,219 2,362 2,957 244 639 10,302 50,403 250 1,659 - 3,086 |
|---|---|---|---|
| 495,917 | |||
Page 19
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. Analysis of expenditure by activities (continued)
Analysis of support costs
| Hospitality Travel Printing, postage and stationery Internet Repairs and maintenance Bank charges Payroll processing Promotion Other expenses St Matthew's costs Governance costs: Preparation and examination of annual financial statements and confirmation statement filing fee Total 2025 Total 2024 |
Activities 2025 £ 2,991 1,859 5,094 1,330 1,140 2,189 96 647 1,185 3,326 4,830 24,687 28,933 |
Total funds 2025 £ 2,991 1,859 5,094 1,330 1,140 2,189 96 647 1,185 3,326 4,830 24,687 28,933 |
Total funds 2024 £ 2,198 1,743 6,140 1,105 2,514 751 72 1,793 520 8,684 3,413 |
|---|---|---|---|
| 28,933 | |||
Page 20
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. Analysis of grants
| Charitable grants Total 2024 |
Grants to institutions 2025 £ 19,144 34,715 |
Grants and gifts to individuals 2025 £ 12,140 8,469 |
Total funds 2025 £ 31,284 43,184 |
Total funds 2024 £ 43,184 |
|---|---|---|---|---|
The charitable company has made the following material grants to institutions during the year:
| Name of institution Christians Against Poverty Crosslinks Asha Fundación Generación Other grants to institutions, individually £1,000 or less 10. Governance costs - independent examiner's remuneration Preparation and independent examination of annual financial statements |
2025 £ 1,200 12,740 5,000 - 18,940 204 19,144 2025 £ 4,800 |
2024 £ 2,200 18,680 5,000 8,000 |
|---|---|---|
| 33,880 835 |
||
| 34,715 | ||
| 2024 £ 3,150 |
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Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
11. Staff costs
| Gross salaries (including clergy stipend and pension) Employers' NI Pension costs Clergy rental costs |
2025 £ 305,176 15,583 24,392 60,258 405,409 |
2024 £ 270,091 13,915 24,900 58,406 |
|---|---|---|
| 367,312 |
The average number of persons employed by the charitable company during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Full-time staff | 7 | 7 |
No employee received remuneration amounting to more than £60,000 in either year.
Whilst Crossway Stratford did not have any PAYE employees receiving remuneration more than £60,000 the aggregate of stipend and accommodation costs paid by the charity in 2025 in relation to the Reverend Jamie Child exceeded £60,000.
Page 22
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
12. Trustees' remuneration and expenses
During the year ended 31 December 2025 the Reverend Jamie Child was paid a stipend at Diocese of Chelmsford standard rates. Also, contributions to Mr Child’s pension were made at Diocese rates. These payments were made by the Diocese, and Crossway Stratford fully reimbursed the Diocese for them.
Crossway Stratford provided accommodation for Mr Child at 192 Portway - a property owned by Gospel Support and Homes Trust (GSHT, formerly known as Great St Helens Trust) and for which Crossway Stratford paid rent. The intention is that Mr Child and his family continue to occupy the property, under the rental agreement with GSHT.
Trustees' remuneration and expenses
During the year, no trustees received any remuneration or other benefits (2024 - £69,184).
During the year ended 31 December 2025, expenses totalling £2,302 were reimbursed or paid directly to a trustee (2024 - £3,355 for 1 trustee).
13. Debtors
| Due within one year Trade debtors Prepayments and accrued income Tax recoverable |
2025 £ 316 42,993 17,957 61,266 |
2024 £ - 23,358 16,254 |
|---|---|---|
| 39,612 |
14. Current asset investments
| Managed investment portfolio Cash balance held by investment managers |
2025 £ 106,006 61 106,067 |
2024 £ - - |
|---|---|---|
| - |
Page 23
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
15. Creditors: amounts falling due within one year
| Accruals Financial instruments Financial assets Financial assets measured at fair value through income and expenditure |
2025 £ 5,269 2025 £ 261,800 |
2024 £ 5,338 |
|---|---|---|
| 2024 £ 249,537 |
16. Financial instruments
Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand and current asset investments.
Page 24
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
17. Statement of funds
Statement of funds - current year
| Unrestricted funds Designated fund Futures Fund General funds General Fund Total unrestricted funds Restricted funds Workplace Ministry Fund Weekends Support Fund Hardship Fund Equip & Expand Total funds |
Balance at 1 January 2025 £ 180,000 96,873 276,873 276 3,107 3,555 - 6,938 283,811 |
Income £ - 578,898 578,898 9,944 1,220 5,355 193,060 209,579 788,477 |
Expenditure £ - (606,397) (606,397) (5,783) - (5,917) (135,100) (146,800) (753,197) |
Transfers in/(out) £ (90,000) 97,870 7,870 (3,543) (4,327) - - (7,870) - |
Gains/ (Losses) £ - (1,294) (1,294) - - - - - (1,294) |
Balance at 31 December 2025 £ 90,000 |
|---|---|---|---|---|---|---|
| 165,950 | ||||||
| 255,950 | ||||||
| 894 - 2,993 57,960 |
||||||
| 61,847 | ||||||
| 317,797 |
Transfers have been reflected in 2025 to the General Fund from Workplace Ministry and Weekends Support fund to cover expenditure charged to the general fund but for which funds have been specifically given and recorded as income within these restricted funds.
Page 25
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
17. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds Designated fund Futures Fund General funds General Fund Total unrestricted funds Restricted funds Workplace Ministry Fund Weekends Support Fund Hardship Fund Total funds |
Balance at 1 January 2024 £ 180,000 98,618 278,618 987 547 10,105 11,639 290,257 |
Income £ - 545,216 545,216 8,780 5,842 1,750 16,372 561,588 |
Expenditure £ - (554,564) (554,564) (5,170) - (8,300) (13,470) (568,034) |
Transfers in/(out) £ - 7,603 7,603 (4,321) (3,282) - (7,603) - |
Balance at 31 December 2024 £ 180,000 |
|---|---|---|---|---|---|
| 96,873 | |||||
| 276,873 | |||||
| 276 3,107 3,555 |
|||||
| 6,938 | |||||
| 283,811 |
Page 26
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
17. Statement of funds (continued)
The aims and uses of the major designated and restricted funds are as follows:
Workplace Ministry Fund – for funds received relating to the establishment and continuation of a Workplace Ministry in Stratford named ‘Stratford Talks'.
Weekends Support Fund – funds received specifically for helping people to attend church weekends away.
Hardship Fund – for funds received specifically towards relieving hardship within the local community as and when it arises.
Equip & Expand Fund - funds received specifically to facilitate the reordering and upgrading of facilities at St Matthew's Church.
18. Summary of funds
Summary of funds - current year
| Designated funds General funds Restricted funds Total funds |
Balance at 1 January 2025 £ 180,000 96,873 6,938 283,811 |
Income £ - 578,898 209,579 788,477 Balance at 1 January 2024 £ 180,000 98,618 11,639 290,257 |
Expenditure £ - (606,397) (146,800) (753,197) Income £ - 545,216 16,372 561,588 |
Transfers in/(out) £ (90,000) 97,870 (7,870) - Expenditure £ - (554,564) (13,470) (568,034) |
Gains/ (Losses) £ - (1,294) - (1,294) Transfers in/(out) £ - 7,603 (7,603) - |
Balance at 31 December 2025 £ 90,000 165,950 61,847 |
|---|---|---|---|---|---|---|
| 317,797 | ||||||
| Balance at 31 December 2024 £ 180,000 96,873 6,938 |
||||||
| Summary of funds - prior year | ||||||
| Designated funds General funds Restricted funds Total funds |
||||||
| 283,811 |
Page 27
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
19. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Current assets 261,219 Creditors due within one year (5,269) Total 255,950 |
Restricted funds 2025 £ 61,847 - 61,847 |
Total funds 2025 £ 323,066 (5,269) |
|---|---|---|
| 317,797 |
20. Reconciliation of net movement in funds to net cash flow from operating activities
| Net income/expenditure for the year (as per Statement of Financial Activities) Adjustments for: Investment management fees taken out of current asset investments Unrealised loss on investments Dividends, interests and rents from investments Increase in debtors Decrease in creditors Net cash provided by/(used in) operating activities |
2025 £ 33,986 315 1,294 (9,591) (21,654) (69) 4,281 |
2024 £ (6,446) |
|---|---|---|
| - - (5,584) (26,829) (4,242) |
||
| (43,101) |
| 21. Analysis of cash and cash equivalents Cash in hand Notice deposits (less than 3 months) Total cash and cash equivalents |
2025 £ 18,415 137,318 155,733 |
2024 £ 30,121 219,416 |
|---|---|---|
| 249,537 |
Page 28
Docusign Envelope ID: 27517576-6401-427C-8D4D-49E13587D79C
CROSSWAY STRATFORD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
22. Analysis of changes in net debt
| Cash at bank and in hand Current asset investments |
At 1 January 2025 £ 249,537 - 249,537 |
Cash flows £ (93,804) 101,000 7,196 |
Other non- cash changes £ - 5,067 5,067 |
At 31 December 2025 £ 155,733 106,067 |
|---|---|---|---|---|
| 261,800 |
23. Pension costs
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently-administered fund. The pension cost charge represents contributions payable by the charitable company to the fund.
24. Members' liability
In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member.
25. Related party transactions
| Donations made by the trustees and treasurer | 2025 £ 11,922 11,922 |
2024 £ 10,405 |
|---|---|---|
| 10,405 |
Page 29