R•gl•t4red numb8r: CE009979 Charfty nurnbor. 1173023 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) coKrENT8 Page Referen￿ and admlnlstrallv• delalls of tho Charlty, It8 Tnwt•e• and advl8•rn Trustees. rnport Independent •xamln8f8 roport Statement of financlal athllles 10 Balancg sheet 11 Notes to tho ffinanclal $tstements 12-20 THE HIGHER PLACE (DISCIPLES OF CHRIST BIBLE CHURCH) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARirY, rr8 TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2025 Tntyt••• itse Onlsedebi Ibo (resyned 19 No￿nts 2024) Mo*bwnl A8enguah Cofflp•ny r•gl*i•rnd mb•r CE009979 Ch•rfty r•gl•tyr•d mb•r 1173023 R•gtst•r•d offl Trith H¢)u 3 Bulla￿ iAn• Darttsrd Kw DA1 180 Acco￿￿Atr Hedoy Dunk Lynited V• X•inathn Trinity Hcuse 3 8ullac• Lan• Kerrt DA1 188 THE HIGHER PLACE IDISCIPLES OF THE CHRIST BIBLE CHURCH) TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 The Trustees present their annual (eport together wlth the finanoal staterrnnts of the The Higher Place (Disdples of Christ Bible Church) for Ihe 1 May 2024 to 30 April 2025. The Annual report seNes the purythes of both a Trustees. report and a direLaors' report under company I￿. The Tfustee3 confimi that the Annual re￿rt financial st8tements of the tharitable company compty the current Statutory rnquiren*nts, the requirements of the (*aritable cOmp8n￿$ goveming d0￿ment and the provisions of the Statwnent of Recommended Practic• (SORP) ¥ppli¢able to dwTilie3 weparing their aca)unls in a¢ryKdan￿ the Fin8nc4al Reporting Stsftdard applicabl• in the UK and Republic of Ireland {FRS102) (effethe 1 January 2019). Since the Charity quallfias as small under 5ecOon 382 of Iha Compani08 Act 2008. the Strategic report rtyuired of medium and lar9e Compan￿$ u￿( the Companies Ad 20[￿ (Slrategic Report and Dlrerl(Xs' Report) Regulations 2013 has been omitted. Objecllvej and •ctlvltse• PollclM and Obj￿￿¥ The advancermnl of the Christian Faith malnly but not exduslvety by: Means of broad¢xting me88age8 and rnuslc and teathiTrJ nature. Connecling people to Jesus. life-given relab'onships. and Go&given de&ini88 the b￿)efft ol the wbllc in aoxrdartt with the teathing of Jesus Christ. Supporb'ng Chrisi follcrwern I Christians for Ihe benefft of public thrO￿h holding of prayer m￿￿'n98. worship experien￿5, and publl(*"ons. Provision of housin9 for vulnerable ￿e. Provision of relief for those in need due to age,111-health. dlgobllity, financial or othw dls8(fvantageJ. Maln act5vlUes undortaken to furth•r tho Charlty's purpow for tho publlc bon•fit During this penod, The Higher Plac* delivered its mls8ion through., Weekly SurKlay gatheringg (iTrp8rson and onllm). Children's ministry, Student and young adults engagèment, and ywth d•voloFMnent. Community outreath Inibatives indLMJing ￿lfare and foodbank support. Discipleship cfjurses induding Take A Step Courne. entsl health counselling 8UPPOrt. Volurrteer development inibabves and team assemblies. Support to extemal charitable organisations and missions. In line with our c*antable aims, these araivthes were carried out to benefit Ihe public in accordance the guidance of the ChaTity ConNmi5s10n. The TruBtee8 confim that they have had due regard to the Charity Commisslon's guidance on public benefit (P81. PB2. P83) when planning and delivering ac*ivities. The thur¢h provides 3Pb'ntual, emotional, and practical Bupport to Individuals of all backgrounds acxoss Greerwich. wider London. and diverse mission contexts. All ac15viti•s are offered freety or at a slgnificantty subsidised rate, ensuring axesslbility for all. Page 2 THE HIGHER PLACE IDI3CIPLE8 OF THE CHRIST BIBLE CHURCH) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Achl•v•mwts and wrfornMnc• Maln achlov•m•nts of tho Charlty Charltsbh ktlvlles This has been a year of Mults.p￿￿)n at The Higher Pla￿ Church. We started 2025 8trongty ¢)ur Crossover Service was well att￿ed and brwght together people from dlfferent backgrour￿9. We have not onty $trengthened our fouTrJabons but a180 seen Significant grrp•Ah and irKreased engagement aczoss every area of ministry %thllsl also expar￿lf￿￿ impact within our mmmunity. During this period, our avera9e weekly attendan¢ incxeased by 19.1%. We al80 OUt9r8w our ￿nue and laurK**d Irrto two servi￿, and 8 month8 later. we moved to a blgger spacx. Sunday G•th•rlng• SuTrJ8y 8ervices ￿ntinUed lo be at the h•art ol ryjr d)urth. The laun(* ol Servi￿ In Marth fxeatsd better Spa￿ fix ￿ShIP ar#J helped u8 **k#)m• morn pecple. Around Ih•3 tiff*. ￿ 8W. - 10.24% inuease in regular dwrch attMdance - 18.29% Increas• in engag•ment (pec4)le engagiNJ in life groups. Apha ¢xurne, Take • Step I￿urS* etc.) - Gr￿rti in •xcellen¢e and l•adership . Enhancad experience for kid• . 24.39% In(Yea8e in numbor of membern 8gr¥lng Mary of ow members reported feelSng motfvated to go to thurth as Ihey hod opoons. Pray•r To9eth•r w• are grc4Ying In Prayer 88 evthnced by th• inuea8ed number of regular attendees at our lorlnighlly Fflday evening wayer meelings. arKI succe88ful 14 day8 fasting arml prayer in January 2025. Bapll•m• We celebrated 12 bapb.smsl Baptisms arn joylul octaslons al The Hloh•r Place. It18 alwa￿ a joy to gatr*r to 6UPPOrt and celebrate ir#Jividuals' dedsions to foll¢y44 Jesus more deepty. Thls 18 vthy we exlst.. to See ordinary people from every nab'on and g8nerab.on transformed irrto passionate leader8 for Jesu8. The bapti8m$ a180 rnflected the splrllual gro￿ and strorKJ sense of ¢ommunty develoF4ng Within Ihe chur(*. INISTRIES Chudren T￿ Chlldren's Ministry grew ma881vely th1$ year. Wlth ne•V volunteers boinlng, the team added more creati lessons and aclivibes. Thi8 made the 8essions more engaging and hèlped Ihe children leam arml have fijn. Average weewy att￿dance In the kld3' church In¢xeased by about 14.9%. We al80 launc*ed a muglc 8th001 for the prtrteeng b learn instrurr*nt8 that they are pa88ionate abouL Many ol them have stepped up #inca Ihen to lead variou8 area in the Chlldren's minlsty Stud•nts We attended lh8 annual Univer8ty of Greenwrych Fre8har8' Falr ovent. wher• ￿ ￿lCOm•d and •ngag•d with over 100 student8 from diverse backgrounds. Our 8tudents group continues to 8UPPOrt and resource students through job hunting WOTkshop8, CV rebiewa, and. more rocontly, a •tudont wellbeing programmo l•aturirvJ loodbank for 8tudenls. Pag6 3 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCHI TRUSTEES. REPORT ICONnNUED) FOR THE YEAR ENDED 30 APRIL 2025 Achi•v•nwnts and prformanc• (contlnued) Men's and W4xn•n'• Mlnlstry We hosted a wies ol rnn's and women's hangouls thro￿hOUl the year. giving people space to relax. ￿nn8¢1, and gr(M together. These gaJwing8 helped build real fr￿ndshIps. encouraged homst ¢x>nver3aliorn about life. and slrengthened sense of community within our churth. Ltto Grou Lrfe Groups C(rtin￿ to be an essentsal part ol dlsclpleship and pa81otal care at The Hlgher Place. Several group3 ran (x>nsistently through¢xrt the year, offering 3paces for prayer, Bible sludy, communty Supwrt, and mentorship. Our Lrfe Group Chrf8lma8 parti88 w8rn parti￿lartY irnpacllul. hel￿'r￿j naw mernbero Integrate >mfortably Into the thurth community and bulld meanifylul relalionships. MarYlag• and Famlty Support We hosted a Marriage Enrichment Day that brought icgather o)uples for wadical tools, gulded conversalions, and pastoral 8UPPCKt to strengthen their ￿￿IOnshipS. This event wa8 part of our wbder ¢ommrtment to 8UPPOrting families and frncouraging ￿althy. thriving homes. OUTREACH ACTMTIES Outread) remained a central expression of our charilable Pufpose, ¥Mth severdl irnpactlul InI￿atiVeS delIve￿d throug1￿ ts year. Chrf•tma• lknach We organlsed a Christrnas outreath f￿￿ed on sup￿ing slngl• parents, the elderty. and indlviduals In need. Around 40 food parce18 were delivored acmss the Greenwth. Bexley. and Dartford areas. providing PraC￿'cal help during Ihe feslive season. We were a180 able to offer ern0￿.0nal and psy¢*x)logical 8UPWt to those who needed rt. making the oU￿a￿l a meaningfijl source of care and encouragement. M•nlal H•alth Support Re(wni3ing the in(xea3lng need for *pllbelng support, we 0>￿InUed io offer mental health signposting and pastoral guidaft￿. Our cOun￿lk)r wowded confidenlial support to individua18 facing challenges. knt)ile referrdls were made to ￿eMaI agenci08 where 8peaalist care was requ1￿￿. Famlty Fun Day & Communlty Ev•nt• Our Family Fun Day served as a maior community outreach evenl with over 100 people in atterKlance. It wa8 8 safe arKI enjoyable environment for families to conneca. Activib'es, such as lao painting, boun￿ castle. raffle drtrt. football. 8ack race. enclwraged community l)ondirKJ and strenglhened our presen￿ as a supporb've. welc(mirvJ (Kganisaiion in Greenwith. Extornal Support We support a lot of other tharlties yeaty. Thls year, wekn donaled to th•ritie3 as Open Doorn, Royal Diadem Net4¥ork. arKI paTkner ¢hurche8 around us. Events We hosted a fange of churdHYide events that strengthened community life and encouraged engagement a¢x033 all ages. These Induded our Anniversary Celebration and our summer Pi(miC in the Park. We also held two team conference8 and Mobilisalion Sunday to train our volunteer5 and m(￿11156 more members to join a tèam, Back-tfrsthool SurKlay to celebrate kids and 8tudents starting a new school term. and a Multi￿11￿￿1 and Mulbgeneralional CelebTation that highlighted the divernty within our church family. In addilion. we h(Thured our volunteer3 through a WorkerB' Appreciation Dlnner. These events t*Jlped to build cThine(*Aon. celebrate milestones, and strengthened our sense of unity 83 a church. Pagè 4 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) TRUSTEES. REPORT (coKllNUED) FOR THE YEAR ENDED 30 APRIL 2025 A¢hl•v•monts and porfDrnMnc• (¢onllnuod) charity continues to partnership oppcmtunibeg wth cther ¢harili88. Flnanclal rnvl•w Golng ￿nc•m After maklng apwopriate enq￿ri&S. the Tiimlees have a réas(m* expects11￿ that Charity ha8 adequate resour¢•s to c(mtinue In operatiMal existerTh fcK the fmeeable fiDtw•. For this rea8fJn. they continue to adopt the going cOn￿&M ba￿ in preparing fir*ncyal Slatements. Further detalls rega￿4￿j the ador￿￿ of 9￿g r))nc*rn basis can be found in the KC￿n￿vj pdw. R•s•rv•• pollcy The Charity had a total mLXJme of £169.433 during WKXI. In Ihe same peiiod. The Charity had expen8eS amountirwJ to £119,189. leavry a ￿rP￿S of £50.244 The Higher Place mainlains a to h)kl three monts, %%Y>rth of operating eX￿ndItUre in r•seNe8 to erwrn lthrestrited re8eNe8 not n fixed assets 38 at 31*h 2tr25 wa8 £92.923, thtll In excess of our minimum reserves policy; of this has been ri￿lerKed by truslees for the 3UPFKIrt of mission acbvtlies within the nmunty and for th• purdlase of a thurdb tKildirvJ. Prlnclpal lundlng Thé wtrKipal 84xKces ol fvnds for The Higtr*r Place tr￿￿de. rrthe¥ and Offermgs: Regulw LU*ibUti￿ from church fflernbe￿, given as part of their faith prKlice. Donations". Voluniary cthitr1tr￿ti￿ from both membefs and exlemal supportevl, often given for speafic pmi¢ds or causes. Fundrnising Campaigns: Peiiodic events or ￿mpawn5 at rdising fvnds for speak churth athibes or initiatives, 8uth as the bull dirvj fund. Grants.. Finarwl support Irom extemal Cvgail￿1Ons cf r*¥llabl¢ f￿Md*i￿ that dign wth the thurth's rn1￿1(￿ and d￿r1&ble acts'vrtie3. Speoal Offerings.. Dedtcated ofierww taken durin9 key ev•nts. s(K* as Ihe Year.End Offering. whith gUPPOrts various inibatN•S Ilke 0￿reach or operationd costs. The8e sour¢eg ry)IleGtively ensure that our charity rAn continue to SUPP￿ ts ministrle8. (xrtreach efforts. and cOrnmun￿ $eNices. Page 5 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 30 APRIL 2026 How th• Charity $p•nd• Its monoy The Higher Place engages in various communty outreaches, irKJuding socfal and youth works, and evangelists'c events the aim of conneth'ng people to Je8us. lrfe-giving relation8hip8 and God￿￿en destinie8 in accordance with the teathings of Jesus Chiist. We also support individuals and organi8alions. Some of the areas we support Indude.. Personnel. Payment of staff 3alary, freelancerJ. and guest singernlspeakers. Facilities: Payment of monthly renc and any additional cost of a(khoc hire space for meeting8 and events outside usual gathering time. Welfare.. Payment for food. water. and other we114¥eing ilems provided to members, Volunteers and V151tors. Paymenl given lo support ffembers wilh extremely dire silualions e.g 8UPPOrt wilh famity food supplies. accommodation arMJ trav81. Resourcesl Equipment Payment towards equipment required for the smoolh running of weekty Sunday gathering4 e.g. Sony Camern. tripods. mi¢yophones. and any additional resour￿ indudirKJ software PromDtion: Pasrynent for publicity campaigns irKluding billboarding. leafiets. social media promotiorts. and consuttations to increase engagerrEnt. Strtthrei governance and manag•mont Con8Utirtion The Higher Pla￿ is registered as a Charitable Incorporated Organisatson (CIO) and Is govemed by the provisions contained in its Foundatson Model Constitution. adopted on 12 May 2017. hl•thods of appolntment or 01o¢tlon of Truste Truslees are appointed through a lorn￿1 resolution at a properfy con¥er4ed meeting of the Board of Trustee8 and on re￿MmendatIon Irom the pastors arKI existing trustees. Appointees are selected based on their integnty. charader, commitment to the mission of the church, and relevant expertise. Induction indudes orientation into governance responsibililies, the church's mts￿On. 8afegLk3rding dulles. and fin8nu.al oversight requirements. Exisb'ng trustees attend training from time lo t'me to keep up to date with the latest requirements and best practict. Sn addits'on. infom￿1 leaming f￿￿tinUeS to take place on an orw'ing basis. Page 6 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Structur•. gov•rnanc• and man•9•mont (ContInu￿ Ofg•nlsatloMI •tructur• and deGl•lon-maklng policl•s At The Higher pl￿8. our organisational 8trucaur• is ¢entr¢d around a strong 8pirI￿al l￿dati(￿ and dear roles to ensure effethe leadershlp and Service. The stru￿urE Is a6 follw". JO￿9. At of w ¢xgani8atson. Jesus Christ is th• ullimate h&•J. gutding all as￿￿5 of our rninith and de(x8ion-making. SpiritLwI Leadership Team.. led by the Lead Pastor. who provides splrilual diredion and vlslon. Trustees: Tho govemanc• and activilies of Tho Hwher Place are overneen by Ihe Board of Tru8lee8, who carry le9￿ and finan￿ reSp￿S1b11ty for the chartty. Strategic Lens Tearn: SUl>Wlir¥J lryterni plannlng and strategk d•velopmenL Operakns Team". admini*Jalion, logislics. finwK%. and ￿￿klY 8ervi(% exeajtion. inisty Team: Indudtr¥ wthp. prayer. ￿treaCh. thldren, ￿dents. media, and hospithlty. Churth Groups: Life Grow￿ and ts Churth Budty system fothring ￿)nneth0n and discapleship. In adthtson to our vftwnal strU￿re, we o)IlabcMate exleThwl p8rb*fs Such a8 local tharities, u)mmunty (Yganisalions. a￿1 other ¢*ur(ths lo broaden our rnpacl and 66rve ￿ wider ￿MmUnty. These parthernhips help us in arpas 8uch 8$ outreath. rn￿￿1 ￿allh 8WOrt sooal action initiatsves. Safeguarthng policies finanoal controb, and risk marAgThrt wocew8 are rev*wed regulaty to ensure C¥)mpliance and rgsmible stewardship Flnancl•l rf•k m•nagémwrt The TrU￿ee3 monltor key risk8 induding venue costs. safeguardirKJ, 8taff and volunteer ￿lIbeIng. and the sustainability of ministry activities. Controls such as budgeb"n9 Systems, apFYoval prDcedures. safeguarding training, and o)ntingency pjaming are In place to miti'gale nsks. Page 7 THE HIGHER PLACE IDISCIPLES OF THE CHRIST BIBLE CHURCH) TRUSTEES. RepoRT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 202S ststom•nt ol Tru•taM' r••pon•lbllltle8 The Trustees oro also th• dlredor6 of the Charity for the purposes ol company law) ar• Msponsible for pr•parin9 the Trustees, report and the finan(xal Btalements in accordance with applicable law and United Kingdom A¢￿untIng Standard9 (Uni16d Kingdom Generally A(xepted Ac£ounting Pr8the). Company law requires the Twstee$ to prepare finandal statements for eath financlal . UTKler company law, the Trustees must not approve the finanoal fjlatements unle88 Ihey ar• 8ati8fi8d that they give a true and fair view ol the 6tat• of affairs of the Charity and of its incoming resour￿9 and 8ppIic8lion of resources, Induding its Incorn and expendrture, fi)r that perfod. In preparlng th&8e fmandal 8tal•ments, the Tru8tee¥ are required to: select guitable a￿untI￿j polides and then apply them consistentty: obseThe the rneth￿ and prlrKiples of the Charitie3 SORP (FRS 102); make judgments and ac£ounting estimates that aro reasonable and prudentr, state vhlether applicable UK Acoyjnting Standards (FRS 102) have been follvwed, subjecl to any material deparlures disclosed and explained In the finand81 slatements; prnparn th• finandal slalemert8 on the gdng corKem basia unle98 it Is Inappropriate to presum that th• Chathty will ￿ntInue in busines8. The Truslees ar• re8ponsibl8 lor keeping adequate a￿oUntIng fecords that are suffioent to shtyy arNJ explain the Chantys transactsons and dixlose with reasonable accuracy at eny lime the finarKaal position of the Charity and enable them to ensure that the financ4al statements ¢X•mpty ¥¥th Ihe Companies Act 20Cfj. They are also responsible for safe9uarding the assets of the Charty and herth for laking réax)nable steps for Ihe wevenb'on and delection of fraud and othor irregularities. Approw* by order of the membern of the board of TnJ8tees and signed on their behalf by: Okl•rnut• Nesl Scott￿MUa￿Por Adawalg Olumldo Ad•Jany¥ Date.. liloi l& Pag• 8 THE HIGHER PLACE {DISCIPLE8 OF THE CHRIST BIBLE CHURCH) INDEPEtr4DEKf EXAMINER'S REPORT FOR THE YEAR ENDED 30 APRIL 2025 Indopgndont èxamln•r* r•port to th• Trn¥te•• of Th• Hlgh•r Plac• IDlsclplg• of Iho Chr18t Blble Chur¢hl fth• Chartty.) I report to the thwity Trustee$ on rny examlnats'on of the aC￿unts of the Charity ft)T the year erKled 30 April 2025. R•8poMlbllltlo8 and ba¥ls of r•port As the Trustees of the Charity (and its direthrs for thè purposes of cy)mpany law) yw are responsible for Ihe Fyeparation of the ￿0￿nts in accordance with the requirements of the Companles Act 2008 ctho 2006 Arfl. Having satisfied myself that the accounts of the Charity are not fequired to be audited undef Part 16 of the 2008 Act and are eligible for independant examination, I report in r83ped of my examinalion of the Chaftys agrxlunts (Xmed oul uThjer sedion 145 of the Charilies Act 2011 Cthe 2011 Acf). In carrylry crtrt my examlnation I have follthd ThreL*on8 given by the Chth Commi88N)n undor sec*on 145(5){b) of the 2011 Act. Indop•nd•nt •xamh)•rf• stst8mont I have completed my examFnati¢)n. I confirm that no matter8 have c4)me to my attention in ￿nneC￿lOn with the examination gi￿ng me Cause lo believe.. a(>xuntlng re(xYd3 Wern rnt kept in respect of the Charity a8 rewired by seclion 388 of tha 2006 Act; or the a(wunts do acx%Yd wrth th08e re￿￿￿$. or the aa>)urrt8 do not compty vhth the aco)unting requlr•ments of section 396 of Ihe 2006 Act other than any requirement that the accounts glv• a 'true and lairf view which is not a matter cOn￿dered as part of an independent eX￿￿•nation. or the accI￿nts have not been prepared in accordance the methods and principles of the Statement of R•rAHnrr*nded Practs'tx for accounting and reporting by tharities lapplicable to charities wep8ring thelr accfjunts in accordancé ￿ the Financial Reporting Standard applical￿e in the UK and Republic of Ir•land (FRS 102)J I have no concem$ arKI havo come across no oth•r matters In c•nnectlon with the eXa￿natIon to %%thich attention should be drawn in this report in lo enable a proper urKlerstanding ol the accounts to be Thi8 report 18 made 8olety to the Chan'ty8 Trustee8, as a body. in arX)xdan￿ wilh Part 4 of the Charitle8 (Accounts and Reports) Regulationg 2008. My work has been undertaken so that I might state to the Chartys Tru$tee8 those mattern l arn required to 8tate to them in an Independent examinefs report and for no other wrpose. To thé fvllest exlent perniitted by law. I do not accept or assume responsibilty to any￿• other than tho Charity and the Charitys TnJstee8 a8 a body, for my work or for this ￿pOrL Signed: S3￿ 8 Stephen Fryer Hedl•y Dunk Urnlt•d Va Xelnadln Trinity Hou88 3 Bullace Lane Dartford Kent OA11B8 Daled.. FCA Page 9 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH} STATEPAEIIT OF HNANCIAL ACTMTIES (INCORPORATING INCOIAE AND EXPENLXTURE ACCOUNn FOR THE YEAR ENDED 30 APRIL 2025 Total nds 2025 Total lunds 2024 nds 2025 Note Incom• from". Donations and leg•c4es other trading acliviti'es Investments 168.193 476 168.193 476 120,550 350 377 764 Total Incrdance with sedion 476 of Cornpanie8 Ac* 2008. The Trustee8 at￿ntr￿edge their responsibilliles for complying with the requlrements d Ihe Ac* wilh respect to accounb'ng rEcords and preparation of financtal statements. The financial statemèrrts have been prepared in ac¢￿￿anCe wrth the wovisions applicable to enbties subject to the snrdll companies rewme. The financial statements were approved and authorised for issue by the Trustees and signed on their beham by: Oklemuts N•BI 8¢¢)tt*muakpor Adewal• Olumldo Ado8any• Date: 17 Iv// The notes on page8 12 to 20 fom part of the8e finanoal #tatements. Page 11 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCHI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 202S G•norn1 Infonnallon The Higher Place 18 a charitable incory>orated organisation which is inCW￿rat8d in England. The pnnclpal place of buslness is Lo￿T Ded( Dreadnoughl Build5r¥J, Greerr•Ath Sttjdent Unlon. 30 Park R(Ml, Accounllng pollcle• 2.1 8481• of pr•parallon ol fin*nclal 8latsmenl8 The fin8ncaal statements have been prepared in a(X0rdan￿ with the Chanties SORP (FRS 102) - Accounb'ng and Reportbng by Charlties.. Statement of Recommended Pradice appllcable to charities preparing their ac¢ount8 in a¢xordarKe the FinarKial Reporting Standard appIl￿ble In the UK and Republlc of Ireland (FRS 102) (effectsve 1 January 2019), the Financial RerANting Standard applicable in UK and Ropublhc of Ireland (FRS 102) arKI the Companie8 Act 20C6. The Higher PlaL% (Dixiples of the Christ Bible Churth) meets the definition of a public benefit entty under FRS 102. A93el8 arml liabilthes ai8 initi'81ty recognised at hi8toTical cost or transadlon value unless otherw18e stated In the relevart accounting policy. 2.2 Incom• AJI income Is recogn13ed ¢Jnce the Charty has enbuement to the Income. rt Is probable that the incxMn8 will ￿ re￿Ived and th• amount of income receivable can be rrna8ur￿ reliably. Grants are induded in the Slatement of financial adivities on a r￿1vable basls. The balanc• of wKome rec•ived for 8peofic purpo808 but not eX￿ded during the period 15 3hMI in the relevant funds on the Balance 8he•t. Where tnc¥)me is received in advance of entiuement of rec•ipt, it¥ reCOgn￿.0ft 18 defeffed and induded in ueditorn as delerred in￿rne. Wlwe entitlem•nl occurs before In￿me 1$ feceived. the InLx¥ne 13 accrued. Income tax recoverable In relallon to Investrrnnl Income Is fecogn5sed at tho Ilme tho Investment ir•come ig rgceiyable. 2.3 exp•ndknrn ExperKJiture 18 recogni¥ed once there Is a legal or rnnslnjctive obfjg*ion to transfer ec¢)r)omic benefft to a thlrd party. rt 18 probable that a tran8fer of e￿nOMiC beneffts will b¢ required In settleff*nt and the am<)unt of the obligab'on can be measured reliabty. Expenditure is dassified ty ac*vity. Thè o)sts ol eath athity are made up of Ihe tolal of dire(# costs and shared coats, induding support costs invo141ed In undertaklnll each athity. Direci costs attributable to a single adivty are allocaled directiy to that a(*vity. Shared costs vthith contribute to more than one adlvity and supwt costs ￿lch are nol attribulable to a single acaivty are apportioned belween those aixivities on a basis con818tent with the use of resources. Central sLiff ¢x>sl$ are allocated M the basis ol time spent, arKI depreciation ch3rgeJ allocated on the portion of the asser8 use. Expenditure on tharltable adivitses Is incuThed on diredy undertaktng ttbo adivrties whi(*> Iho Chariws Obl￿tives. as as any assoc¥ated 8UPPOrt ¢)xts. All •xpenditure 1$ Inclu81￿ ol irrecoverablè VAT. 14 Int•r••t r•c•lv•blo Intern8t on fund8 held on doP0811 18 Induded wl)èn recelvabl• aThl th• amount Can bè measured reliably by Ihe Charity: this is normally upon notification of Ihe int•ro8t paid or payablo by lh• inBtibJlion whom the fi•nds are deposited. Pag• 12 THE HIGHER PLACE ID18CIPLE8 OF THE CHR18T BIBLE CHURCH) NOTES TO THE FINANCIAL 3TATEIAENT3 FOR THE YEAR ENDED 30 APRIL 2026 Accountlng poll¢l•• Iconllnu•d) 2.8 Ihbtoi• Tr8de ond other d•btorn af• recoanl6ed al the Settlement amount after any trad• dl•counl ¢)ffeTed. Prepaymenls are Valued at the amount wepaid nel ol any trada dlxy)unig due. 2.6 Cafjh at bank and In hand C••h at bank and In hand Includes cash and 8hort-tomi hlghly Ilquld inve8tments wlth 8 •hort maturity ol Ihree month• or1088 from lh• date of acqul8knn oi openlng of the dwft or olffhlar 8¢￿Unt. 2.7 Uabllltl•• and pYovl•kn Liabiliti08 arn recogniied when thern is an oblioatlon at the Balar￿ sheet date a8 a regutt ol o pa•t ev¢nt, ft 18 probable that a trnn8fer ol e￿nOMiC benefft VAI b8 fequired In ￿ttleMent, th• 4rnount of tho •etU8￿1 C4n be e8tsmat¢d r•llably. Liakn'litl•s are r•cogniMd at the aff￿unt that the Ch•rity antidpale• It wlll poy to Jettl• th• debt (x lh• amounl It has rocalved ag advanced p8yments Icf the wods or 8eNiCW it provlde. Proviiion8 ar• m••wr•d at the be81 a•tlmate of thé amounts wulr•d to setde th• obligaoon. Wh•r• the effect of the timo value of monoy l# materlal. the provl8ion1g baaed on the Frf•8•nt valu• of tho amounts. discounted at tho prfrtax dlscount rate thal refiecls the riBk8 8p•ofic lo the liability. The umvinding of tho discount Is Tel￿nISed In the Stalemerrt ol finandal adiV￿eS a8 a financ4 ¢osL 2.8 FlnanGl•l In•trum•nts The C￿lty has finandal a8get• and finan(aal Ilabllilie8 of a klnd thai qualify as basic finand•l Instrumont8. Baslc fjnanoal in8truments are Iniually recognised al trdn3aGlion value and 8ub8equenty me8sufed at aettlement value with tha exc*ption ol bank loans vthlth are Bub8equentty measured at amorti8ed cost U81ng the •ffeL*Jve Intoresl melhod, 2.9 Pon•lon• Th• Charlty operale$ o defined contrllwtlon pen•ion Scheme and th• p•nslon d)8r9e rnpr•i•nl8 the amounts payable by Ihe Charity to Ihe fund in itspect d the year. 110 Fund accounllng Genéral fvnds are unrestridad fvnds vthlch ar¢ avallable for use at the diauelion of the TnJJleo8 In furtherance of tho general objectives of the Charity and Ythich have not been deslgnated for oth•r purposes. Investmenl Income, galn• and1088ts are all(Kated to the •pprowlato lund. J i. *Y' Pag• 13 THE HIGHER PLACE (LNSCIPLES OF THE CHR18T BIBLE CHURCHI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 Incom• from don•tlons and le9acI Unresln'(*ed nds 2025 Total funds 2025 Tilhe$ & oflerings Grants Gift aid 130.848 5000 32.345 130,848 s.000 32,345 168.193 168.193 Unrestri£*ed funds 2024 Total funds 2024 Trthes & offerings Grants Gift aid 85,$41 11.044 23.965 85.541 11,044 23,965 120.550 120.550 Incomo from other tradlng acllvllle3 Incorno from fundrnising evènts Unreslricted fvnds 2025 Total funds 2025 Hoodie sales 476 476 Unrestricted funds 2024 Total funds 2024 Hoodie sales 350 350 Page 14 THE HIGHER PLACE (DISCIPLES OF THE CHRIST BIBLE CHURCH) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 30 APRIL 202S Invmtmont Incom• Unresblct•d nd3 2025 Total lunds 2025 Investrnent Income 764 Unfestricted fvnds 2024 Totsl funds 2024 Investment In￿rne 377 377 Analy•l• of •XpondI￿T• on charltsbl• acdvltl Summary by fund typ• Unrestrictsd lund8 2025 Total 2025 R•ligious a¢#ivilie8 119,189 119,189 Unrestrided funds 2024 Total 2024 Religious ad•￿ta 114.935 114.935 Page 15 THE HIGHER PLACE IL¥SCIPLES OF THE CHRIST BIBLE CHURCHI NOTES TO THE FIKANCIAL 8TATEAIENT8 FOR THE YEAR ENDED 30 APRIL 2025 Anatysh ol •Xp•nd1￿r• by 4cUvltl•• Arjivities undertaken diTecty 2025 Total lunds 2025 R￿1g1￿8 advities 119,189 119.189 Activitles undertaken dirocty 2024 Total nds 2024 Rfjliglouj araivitses 114.935 114,935 Analy81• of dlr•ct co•ts Religiou8 ath'vities 2025 Total fijnds 2025 Staff co¥ts Welfrdre support a c%)mmunty erKJagemenl Maeb'ng venue Pr￿￿)llOn & PPS Aco)unts Computer expenseg Stsff training Contra¢#or cost8 Office costs Retreats, travel & conferen￿5 32,351 10,310 28,543 5,411 900 32.351 10,310 28.543 5,411 900 1,004 278 22.122 9.823 8.447 278 22.122 9.823 8.447 119,189 119.189 Page 16 THE HIGHER PLACE ID13CIPLES OF THE CHRIST BIBLE CHURCH) NOTES TO THE FIPIANCIAL STATEIAENTS FOR THE YEAR ENDED 30 APRIL 2025 Analy•l• of •xp•ndltrJr• by acllvlll•• (contlnu•d) An*•l• ol dlrnGt ¢￿ts (¢onllnu•d) Religious Total funds 2024 2024 Staff costs Welfare support & ¢>)mmunlty •rweThni Events, retreats & c*)nf6rerK*S Meetirvj ￿nue PromobM & PPS 18.191 16.349 25.792 22.638 12.C69 1.980 1.483 S06 18.077 1.850 16,191 18.349 25.792 22.638 12.069 1.980 1.483 Stall trainffvJ Corthrtor •X8ts Téam costs 1e,077 1,850 114.935 114.935 Indop•nd•nt •xamln•f• r•muw*tlon 2025 2024 Fees payaNe to the Charity8 independent examiw for the indepw •xaminab'on of the ChariV8 annual accounts Fees parable to the ChariV8 independert examlner in rnspec* ot. AM olher ￿rVICeS not *Klud6d atrf)v• 410 300 922 690 Staff co•ts 2025 2024 Wage• and 8alarbe8 31,884 15.901 290 32.352 18.191 Th• avwage number of p8r•on• emplo￿1 by Charity the was a$ fDIIcvw#: 2025 No 2024 Empltrfft• Page 17 ThE HIGHER PLACE1015CIPLES OF THE CHRIST BIBLE CHURCH) NOTES TO THE FIIIAMCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 stsff co•1• (contlnu•d) No empbyw recéived rnrAm•rnlion amcthting lo mor• than £60.IX)O In eittw year. 10. TnMtg••' r•mun•rnllon and •xp•M Dunng tho year. no Tw81￿ r•c•fv•d any remur￿lI￿ or other b•nofits (2024 - £NIL). Durry tho year er￿ed 30 40ri12025, no TW81￿ •xp•rw havo been irnwThed (2024 - £NIL). 41. 2025 2024 Du• wlthln on• y•ar Olher debicn 1.000 12. Cr•dltorn: Amounts falllng duo wlthln y•ar 2025 2024 Other laxalion grMI •o(ial Be￿11ty Penslon fund loan pwable 2.020 338 692 990 1.682 Pa9e 18 THE HIGHER PLAce (DISCIPLES OF THE CHRIST BIBLE CHURCH) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIIDED 30 APRIL 2025 11 Stst•m•nt ol lund• Stat￿￿•￿{ ol . cumt y••r 8•lanc• at I ay 2024 8•l•nc• •t 30 Aprfl 202S Unrn•lJlct•d fund• Gone￿ Fund• 42,679 169.433 (119.189) 92.923 3tst•rn•nt ot fund• . prfor y•ar 1 May 2023 Balanc8 Incom• Exp•nthttn 30 *pnl 2024 Gener￿ Fur￿* 38.337 1212n (114.935) 42.679 14. 8umm•ry ol fund• Smm•ry ol fund• . cwT•rt y••r 8•lanc• at 1 May 2024 8•lanc• at 30 Aprll 2025 ¢om• Exp•ndltsr• 169,433 42.679 (119.189) 92.923 8wnmary of funth . prfor y••r 1 May 2023 Bal•nc• at IT￿¢Th ExpefK*tin 30 April 2024 38.337 121.277 (114.935) 42.879 P•ao 19 THE HIGHER PLACE IDISCIPLES OF THE CHRIST BIBLE CHURCH) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 16. An*￿18 of n•t a•8•ts b•l*wen fvnds An•ly¥l• of n•t •wt• b•t*wn fund• . cumint y•ar Lknre3tn'caed funds 2025 Total lunds 2025 Current assets Creditors due withln one year 96.611 (3.688) 96.611 {3.688) Total 92.923 92.923 Analy•ls of not ••s•l* b•tw•en fund• . prfor y•af Urn8trided fijnds 2024 Total nd3 2024 Current assets Creditors due within one year 44.361 (1,682) 44,361 (1,682) Total 42.679 42.679 P•n•lon Gommitin•nts The charity operates a defined contribulion penSIc￿ stheme. The assets of Ihe 8cheme are held separately from those of the group in an independentty administered fund. The pension cost tharge represents c4)nln'butions payabje by the group to the lund arKI amourrted to £401 (2024 - £290). £336 (2024 - £Nil) were payatAe to the ftjnd at the balan(% sheet date and are induded in ueditorn. Page 20