Thrive Church Thrivo Church UK Thrive Church UK Trustees, report and financial statements for the year ended 31 StAugust 2025 Charity No. 1173151 Contents Pag• Trustees, report 24 Independent Examinerfs rewrt Receipts and Payments Account statement of Assets and Liabilities Notes &10 Thrlvg Church UK Tmst8es' repL¥t The Tnjstees ofThrivo Church UK present their report and ￿)Unts for thè year endgj 31* August 2025. Trusto88 Sieve Nicholls (Chalr) lain Grew Kevin Tityard Sue Boniface Jayne Harder Trustees are appolnted ty the Thrive Church UK leadership tsam. New tNstees are fulty briefed on their role aTrJ responsibilities. Trustees meet regularty throughout the year and review the risks to whtch the charity msy be exposed. Steve N￿h011S expressed his intention to step down from ITUStees n September 2025. Sue Bonifa¢e will lake over as chatr and the board will hx)k to appointing at kast one new trustee. Thrive Church UK was registered as a Charitable InL*rporated Organisa*on on 24th May 2017. Bankern CAF Bank Limlted 25 Kings Hill Avonue Kings Hill West MalN)g Kent ME19 4JQ Epwoth Investment Manageffent Ltd Meth(MJist House Church 25 Tavistock Pla London 1H 9SF ObJoctlv•s Tho obJ'e¢tives ofthe charity are.. 11) Tho advancement of the Christian fatih" (2) Th& prevention andlor rel￿f of povety in Hampshire and such other parts ofthe UniW lfjngdom and the world as the charity tfustees may from time to time ￿lde. In planning our actThiTrtses for the period, we have been mindful of the Charity Commi5SiOD'S general guidance on public benefft and prevention and relief of povety forthe public benefft. The trustees ahvays ensure that Thrive Church UICS acltvilies are in line with our charitable objectives. How wo work At the start of thè reporttng pefiod Gavin Scott was Ihe Senior Leader. with a lea(lorship team comprising Gavin & Hannah Scott, Julie & Je￿mY Sisley and Marc and Jayne Harder. In addrtion to the trustees, the L&wJership Team has a team of Trusted Advisors to as￿St and thise, as and when necessary. There are volunteer gr￿p8 vllh team leadw6 that run the various activities whi¢h reFth to the 1gader5hip team. The Activrtses of the church include the followrng: Sunday Wornhip Meetings. Prayer Meeting Children and Parentslcarers Group. Children and Youth Work and Meetings. Strjdy ￿ ￿￿rkshOp events. Invdvement with Churches Together in Eastleigh. Thrlvo Church UK Support of IOLXI tharitres including.. Basies Bank, Street Pastors, CAP Eastleigh, Fledge, EastlevJh Communty Fridge Financial Supp￿ and provision of teachers through School of Mlnlstrles worfdwide. Actlvltles and achievements The trustees are please(1 to report that Thrive Church UK has had a successfvl year. The charty has adequate govemance in pl￿ to meet the requirements of the various statrjtory bodies which include Safeguarding Polices and Registration of those worting with children and vulnerable aduKs. Ri8k Assessments are in place for the various activities, venue5, and rneetiftgs. (rho various Policies and Risk Assessments are all available on the charity's SharePoint site). The Sunday worship mtsetings have wntlnued at the Pavilion on the Park in Eastleigh. For Convenien￿ most of the trustee rneets'ngs witinue lo be online, via video conference ca115, but with al least one of the meetlngs bdng kn person. The trustees and le8dership Complet￿ negotiations with the tNstees of the Pavilion on the Park regarding a long-term hire agreement for the use of halls, rooms and the ueation of a church office within the building. The agreeff￿nt included improvements to the audifrvisual equipment withirj the hall used by the church for the main Sunday meeting5 and improved kitchen faulities. The agreement and the cosled improvements were presented and approved by Ihe trustees during September 2024 and have been completed. Tha church has also provided and supported community a¢tivilie$ based at the Pavilion on Ihe Park, Easlleigh. These indude a community fridge. a communty cafe, a lun¢h dlsb, a parent and trKldler group, a youth Club, and providing chaplainGy servicos to staff and users otthe Pavilion. The trustees a￿ satisfied that the objectives are being met and that thg Govem8nce ￿ngements are compliant with statutory requirements. Flnanclal rovlew and re5er¥o8 policy Thrlve Church UK has received individual donations of £143.39012024.' £133,555), including grants frorn Stewardship which are fijnded by individuals primarily within the church. Of these donalions £9,63512024. £8,184) were restricted. The thurch le￿1Ved no grants12024: £3.000). Charitable activits'es have generated £71112024.. £621). Funds have been designated for tho renewal of Audio Vtsual equipffEnt (£1,000). It is anti¢¥iated thal thi5 will be required in around 2030. A deposit a¢¢ount is operated by Thrive Church UK. This is used for a Combination of gome restricted funds and general funds. At present the trustees have agreed that reseNes should be IEld to cover three rronths of core costs. At 31* Augusl 2025 the balance on unrestricted regerrfes was £104,505 (2024.. £123,049) which is rrM)re than sufficient for this pury)ose. The Futur• The Leadership Team continues to develop strategy for the charity, which will indude the following aspects: 1. C(Mrtinue to develop the relationship wilh the leadership team of the Pavilion on the Park, where the church is based and holds its Sunday meeling, to identfy and implement initiatives lor the church and th8 Pavilion which support and benefft the local communty. 2. Continue to help peop￿, wthin the local communty, WI￿ are vulnerable or in need of supporL 3. Conts'nue to develop ¢I￿r ties with local community groups and other k¢al churches. 4. Plans to in*￿ase the *aff team with a focus on Ch￿dren and family work. Thrlve ch￿￿h UK Sue Bonif Thrive Church UK Pavilion on the PaFk 1 Kingfisher Roal Eastleigh Hampshire S050 9LH Thrlvo Church UK Indep8ndent E¥amineWs Report I report on the accounis ofthe CIO for the year to 31st August 2025, which are set out on pages 6-10. Respectlve re8pM8ibililio6 of trustees and examlner The charitys trustees are responsible for the preparation of the a¢￿unts. The charity's tnjstees c))nsider that an audit is not required forthis year under section 14412) of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. It is my responsiblty to.. examine the 8¢XJJJnts under section 145 ofthe 2011 Art to follow the prccedures laid down in the general Directtons gNen by the Charity Commission under s￿tion 145(51{b} of the 2011 Act.. and lo state whether particular matters have come to my atten￿On. Basis of Ind•pendenl examlnerf* report My examination was carried oui in ac1x￿d8nC6 with the General Dlrections given by the Charlty Commissioners. An examination includes a review ol the accounb'ng records kept by the charity and Gomparison of the accounts presented with those records. It also indudes consideration of any unusual item$ or disclosures in the accounts and seekn'ng explanations from you as twstees conceming any such matters. The procedures LFndertaken do not provide all the evidence that would be required in an audit, and ¢onsequenty the report is limited to those matters s8t out in the stalemenl below. Indopgnd•nt examlneffs statemenl In conne¢bon with my exanwnation. Th) material matters have come to my attention which gives me caus8 to telieve that in, any material respect ihe a￿oUnting ret))rds were not kept in ￿cordanCe with section 130 ofthe Charities Act. or the accounts dld not a￿￿rd with the accounting records., I havè no concems and have come ￿>S6 no other matters in connection IMth tha examinatK>n to which attention should be drawn in this report in Order lo enable a proper understanding of the accounts to be reached. MJ Harris MIAB 188 Church Road Bishopstoke Eastleigh Hampshire S050 6BH Thrfve Church UK R8tsipts and Payments Accwnt for the yearended 31#August 2025 2025 2024 Incoming rnsources Unrestrlcted R•s￿¢t funds hbcomè fund8 Totsl Total DonatKJns and Gtfts Grants Intsrest Received Charitable activilies Other 133.755 9,635 143,3 133.555 3,000 903 621 5.511 5,511 711 3M01 21 162 3.239 Total incomir 143.195 9,818 153,013 138.081 Charitable activities staff costs offi￿ G05ts Personnel Facility Hire Equipment Resources Bank charges Grants 47,199 8,129 13,160 27,249 57,167 7,557 70 2,571 693 3,423 49,rn1 8,822 16,583 27,315 57,385 59,073 5,623 9,460 12,446 5,376 6,173 222 4,168 218 111 6.735 Total expenditure 160,739 13.817 174,S56 102,541 ir1￿me1[eXpendlture> (17.544) (3,999) 35,540 Transfws betsveen fvnds Net movement in funds. Funds balan￿ broughl forward (17.544) (3,999> 121W) 35,540 123,049 74.415 197 161,924 Fund baEan¢e$ eRrried 105,505 70.416 175,921 197,464 Thrivè Church UK holds no endowment fvnds. Thrlvo Church UK statementof Assets and knabiltss as at 31 August 2025 Note 2025 2024 Total Cash Funds Current Account Deposit Account Petty Cash 62,678 115,299 84,696 114.047 Total ¢ash fund8 178,011 198.778 LlablllU8s Tax pen￿On 1.798 1,037 277 Total LlablllUe8 2,090 1,314 Total Funds 175.921 197.464 Funds Unrestric￿￿ General Funds Designated Funds Restricted Funds 404,505 1.000 70,416 123.049 74.415 175.921 197.464 The CIO has entered into a k)ng-temi hlre agreement with Eastleigh Youth and Community Trust This includes a long-temi liability of 10% of the hire cost for the remaining temi should the Charity leminate the agreement eaty. As at 31 August 2025 this liablity *and8 at £5,953. There are no debts secured by an express charge on any of its assets. The Annual Report and Finan￿al Statements were approved by tho trustees on arKJ were signed on their behaFf ty lain Grew Trnasurer Thrfve Church UK Notss {fomTrng part of the financial 8latenwtsJ l. Accounting policlas Thefollowin9 accounting policies have been appli&J consistenrfy in dealing witti thatare constdered n*rial in relatlon to the financial statements of Thrrrfe Church UK. Bas18 of pveparallon The accounts have been prepared in accOrd￿ce with the Charities Act 2011, and section 62 of the Charitable Incorporated Organizalions (General) Re9ulation$ 2012. They have been prepared under the historical ¢ost convention with items re¢ognvzed at cost or transaction value and on a going concem basis. The a¢¢ounts have been prepared on a Cash Ba￿9. Tax rKlalmablfr on gifts and doDallon8 Any Grfl Aid amount recover￿ on 8 don8tion is considered to be part of that gift and is treated as an addibon to the same fvnd as initial donatp)n unless the donor or the terffts ofthe appeal have spKthed othepNiSe. Donat•d vNkes and facllltles These are onty induded in incoming resources {with an equ￿a￿nt amt)unt in resources expended) there the benefft to the charity ts reasonabty quantffiable, measurab18 and material. The value placed on these resources is the estimated value to the charity of the servlce orfacility recetved. Vo￿￿t0er help The value of any voluntary help received 15 not irduded in the financial staten*nts I￿1 is descrA)ed in the trustees. TeporL GovernJnc• and $upport Thrive Chuth UK incurs no govemants nor support costs. l Trust•0 &X￿n8•S Ono trnstee and their family members received payments and benefits from the chavity during th& year o)mprising.' £117 reimbursement for goc&lslserviGes purchased on behalf of the ¢harty, and £451 expensed by the charty on Wildfi￿5 tthts (£352 ofwhich to be repaid by the trustee in 20261. No other expenses CK beneffts were incurred by trustees during the wiod. 3. Ind•pendent Examlner'8 fvmunerdtion The widependent ffAaminerfs fee for the eXam1r￿M)n of these financHI stateménts is £153 80 (2024 £147.75>. Thrlv• Church UK 4. Staff C(At8 2025 2024 Gross wages, salari&s and berteffts in kind Casual labour Pension wntiibutions National insurance 55,193 357 3,088 435 326 2,482 49,770 59,073 The average number offvlktime equivalent emph)ye8s wi the year was 1.4 (2024.. 1.71. S. Equlpm•nt Costs 2020 2024 Computers I IT Audio Visual & R8conling equipment Pavilion AV Refresh Catering equipmerrt Little Thrivers Instruments Office EquIpn￿rt l Furniture Other equipment 172 891 14.946 38.325 2.254 186 3,382 570 57,385 5J75 Notes.. 11 A complets refresh ofAV was undertaken during the year. The figures above are split between equipmenl1£14,946} and equipment installed at Pavilion on the Park {£38,325}. 21 Thrive Church now rents a Fermanent office, and the offi￿ Equipment expenditure (£3,382) indudes fumiture, frtUTes and fittings for tst space. 6. Grnnts Avrnrd 2025 2024 DAI UK City Life Church (Homeless) Charity.'Water Fledge Youth Support Pioneer Easleigh Str8el Pastors School of MinistrEs INF (Nepal) Eastteigh Bast¢s Bank ARK Eastleigh 3,310 1.035 710 575 350 320 220 213 210 520 750 495 631 972 4,168 Thrive Church UK Notes {continu8d) 7. Restrfcted funds Funds held and nx>vement during the current rewrting pwitrj Fund names Fund balancos Inwmlng Oulgolng Transfern Balances forward forward Buikling Fund Generosty Fund Hubbub Little Thrive criE YcMJth Fund Fledge Youth Basics Bank School of Ministries Cty Church {Homele5s} Intergenerational Ldr Nepal DAI UK Community Fridge Street Pastors Proneer Charity:Water 86,459 4,234 1,555 511 227 86A59 2.861 332 1,393 2,766 1,223 573 349 768 281 24 575 210 220 835 2,471 212 3,308 49 319 193 124 831 212 1,640 49 319 710 710 DeS￿ftated Funds Unrestricted funds 1,000 1H505 123,049 143.195 160,739 T¢)tal 197,484 153.013 174.556 174921 Funds have been designat&J for the renthval of ALKllo Msual equipment (£1,000). It is anticipated that this will ￿ required in around 2030. 8. Compllan These accounts c4)mply wth the appropriate legal requirements- that is: th& gross reca￿ed income from all sources dKI not •xce8d £250,000, and charity Is nota company incwrated under the Companies Acts io