freechurch Trustees Annual Report For year ended 31 December 2024 Registered Charity No 1174002
freechurch Charity information Principal Address Kennet Valley Free Church Carters Rise Ca Icot Reading RG317YT Trustees Name Off Ke if3 licable Date a ointed ointin bod Albanese Karen 19 March 2025 Membership Baines Charles Elder 15 March 2023 Constitution Bulpitt Luke Elder 15 January 2020 Constitution Clarke Joy Treasurer 16 July 2025 Constitution Cooke Graham Pastor 18 October 2017 Constitution Gager Melanie 18 October 2017 Membership Jennings Michele 18 October 2017 Membership King Angy 19 March 2025 Membership Maffey David Chairman 18 October 2017 Membership M3rett David Elder 18 October 2017 Constitution Scott Pa ul 2 April 2020 Membership Sheppard Maire 2 April 2020 Membership Tamcken Mark Elder 18 October 2017 Constitution Wederell Tom Pastor I September 2020 Constitution Young Barry 18 October 2017 Membership Registered Charity No. 1174002
freechurch Kennet Valley Free Church is an independent evangelical church based in Calcot, Reading, Berkshire. The church has a membership of about 120 adults and a regular congregation of over 150 adults plus children on a SL5nday. The Church's charitable aim is the advancement of the Christian religion. in particular by the provision and maintenance of a Free Church. Kennet Valley Free Church advances the Christian religion for the public benefit bv: Encouraging and facilitating the practice of the Christian religion. and Seeking new followers. The church achieves these in the following ways. Encouraging and facilitating the practice of the Christian religion. Provision and maintenance of a church building: In 2(7 the church moved into its new building. The building was financed mainly by donation5 from the members and congregation of the church. The building provides a significantly enlarged main hall together with an activity hall, 4 small rooms. lounge. kitchen, office and study. Since opening, the building has been used to provide space for all the activities of the church. I n constructing an enlarged building, the church wanted to open the facilities for the benefit of the local community and it has been used by a large number of organisations including NCT, Slimming World. Gamblers Anonymous. Ballet classes and many more. Providing religious instruction and supervision: The church provides religious instruction through the preaching and expounding of the Bible. This is done through many activities for different groups and includes Sunday morning and evening services, Junior Church lage 3-10), Bubble lage 11-141. Crowded House lage 14-18), Grovrth Groups and Seekers courses. Advancing the evangelical Christian faith: The church advances the Christian faith. The Basis of Faith the church adheres to can be found on the church website www.kvfc.or Promoting prayer. praise and study: The church has two regular monthly prayer meetings at which a wide array of concerns are prayed about, including individuals at or connected to the church. the events of the church. the political, spiritual and social fabric of the UK, mission work and global and national events. In addition, the church has a focused week of prayer at the start of the year and, each month. prays for the local community while walking through the neighbourhood. Registered Charity No. 1174002
freechurch Praise is a regular part of all church services,. in addition, there are regular specific praise services on a Sunday evening. The church encourages study of the Bible on a daily basis by individuals and provides study on Sundays through preaching at morning and evening services, Junior Church lage 3-101, Bubble lage 11-141 and Crowded House lage 14-181. Additionally, the church encourages small group study through Growth Groups which meet bi-weekly during term time. Visiting the sick: The church has a Pastoral team who, together with the Elders, regularly visit those who are linked to the church when they are sick or in need. The church also operates a scheme to provide meals for a period of time for those seriously ill, bereaved or in need for other reasons. Mission and outreach: The church supports overseas mission and undertakes local mission and outreach. The church supports missionaries and organisations in the UK and worldwide. The church undertakes many events that engage with the local community. These include regular events such as Holiday Bible Club, Light Party, Family Fun Days, Coffee mornings. Tiddlers, Explorers {age 7- 10), NRG lage 11-181, Young Adults ministry. Community lunches and a Dads toddler group 'Who Let The Dads Out?, In addition. the Christian message is preached each week in morning and evening services. The Church continues to run Seekers courses for individuals wishing to learn more about the Christian faith. A number of one-off events are usually held during the year. In addition, the church provides resources to local schools for assemblies and Religious Education. Seeking new followers/adherents: The church seeks to tell all individuals of the Good News of Jesus Christ. The church provides many opportunities for ind ividuals of all ages to hear the Good News including- Preaching at Sunday morning and evening services, Junior Church (age 3-101, Bubble lage 11-141 and Crowded House lage 14-18} Messages and challenges at Holiday Bible Club, Family Fun Days, Light Party, Adventurers lage 7-10), NRG lage 11-181. Running Seekers courses for individuals wishing to investigate the Christian faith Orga nising outreach events that challenge individuals, perceptions and understanding of the Christian faith Encouraging Christians to share the Good News of Jesus Christ with neighbours and friends in words and deeds Demonstrating Jesus. love for individuals by pastoral care for those in need who are connected to the church, a nd support of charities that provide for social needs locally and internationally. In seeki ng new followers/adherents, the church stresses this is an individual's choice of free will and as such ensures no pressure, threat, material or socia l advantage is used to influence the individual's decision. Registered Charity No. 1174002
freechurch Signed for and on behalf of the Trustees Trustee Trustee Date 19 o.L&Lr 20£5 Date (f o &)tS Registered Charity No. 1174002
CHARITY COMMISSION FOR ENGLAND AND WALF5 Kennet Valley Free Church Annual accounts for the 1174002 eriod eri en dale Period start dale 0110112024 3111212024 Section A Statement of financial activities Restricted income funds Unrestricted funds Endowment funds Prior year funds Total funds Incoming resources (Note 3) Income and endowments from: Donatbns and legac4e5 Charitable activities F01 F02 F03 F04 F05 S01 191,334 18,437 29,304 220.638 18,437 208,624 16,778 S02 Other trading aciivities Investments S03 2,924 2.924 3,961 Separate mater¥l oem of ifrwe Assets transfèrre(J frotn Pfevous chanly S05 S06 Total Resources expended (Note 4 Expenditure on.. R8ising funds Chantable activrties 212,695 29,304 241,999 229,363 S08 S09 207,151 5,418 212.569 209,534 Separate mater1 rtem of expense Other Slo S11 Total S12 207,151 5,418 212.569 209,534 Net incomel(expenditure) before investment gainsl(losses) S13 5.544 23,886 29,430 19,829 Nei gainslllosses) on Investrnents S14 Net incomel{expenditure) Extraordinary items Transfers between funds Other recognised gainsl(losses): 23,886 29.430 19,829 21.675 21,675 Gains anij Kjsses on revaluatK>n of fixed assets for the charitys use Other gainslllossesl Net movement in funds si8 S20 16.131 45,561 29,430 19 829 Reconciliation of funds." Total funds brought fornvard Total funds carried forward S21 178 113 161.982 1.515.671 1,561,232 1.693.784 1,723,214 1,673 955 1,693,784 S22
Section B Balance sheet Restricted income funds Unrestricted funds Endowment Total this funds year Total last year Fixed assets Tangible assets F01 F02 1,566.556 1,566,556 F03 F04 1.598.323 1,598.323 F05 1,598,323 1.598,323 {Note 9) Total fixed assets B02 805 1 .767 Current assets Debtors (Note 10) Cash at bank and in hand (Note 12 Total current assets 11,839 2,239 5.439 14.078 127,127 141.205 34,895 118,543 153,438 B10 133.527 Creditors: amounts falling due within one year (Note 11 811 3,312 10,593 13.905 12,683 Net current assets/{liabilities) B12 130,215 2,915 127,300 140,755 Total assets less current liabilities B13 1,739,078 Creditors: amounts falling due after one year (Note 11 814 2.409 2,409 45,294 Total net assets or liabilities Funds of the Charity Restricted income funds {Note 271 Unrestricted funds 816 161,982 1,561,232 1,723,214 1,693,784 818 1,561,232 1,561,232 161,982 1,515,671 178,113 B19 161,982 Total funds B21 ,982 1.561. 1,723,214 1,693.784 Signed by one or trustees on behalf of all the trustees Date of approval ddlmml Signature Print Name 'IP 19-10 CC17a {Excel) 1711012025
Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all charities . 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otheTrvise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with. the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Going concern There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. CC17a (Ex¢el} 2011012025
Section C Notes to the accounts Icunti Note 2 2.1 INCOME Accounting policies R¢¢oqnltion of ineome These S In¢ded in Ihe $tement of Financai A(vrteS ISOFAI when the charity beo)mes enbued to the $. It Is more Iikdy Ihan not that the trustees will recave t resources, and the monetsry Value can L measured t Sufficnt relrabilty The has been rrf) offsettsng of assets liale$. or Incxjme and expns&s unless requirecl or mitted by the FRS 102 SORP or FRS 102 Offsetting Donaiions are onty IrKiuded in SOFA wTr the general Inrxxne reCogn"On crrterta are rrl15 10 to 5 12 FRS102 SORPI Donations Legacs a Induded In the SOFA when receipl Is probable th Is. whèn there has l)een grant of probate. the execulrys have esiats.Ished that mere are suffiuènt assets In the estste and any conditions attached to the Wcy a erther wrthin ihe (x)ntrol of the charfty or have been mel Gift Aid r1vable Is Inducied In Inme wheTh there Is a Valxj dedaraiion from the ¢onor Any Grfi Aid amount recovered on a donation 15 consthred to L part of that grfl and Is treated 35 an Jddition to tre same fund as Ihe In.8. donation unless the donor or the term5 of the appeal have specified otherSe Lega¢ies Tax re¢lalms on donation5 and glfts The value ol any vduntsry help received IS Included In the attount5 bui Is descnbed In the trustees. annual rerxxi Voluntser help This Is Induded In Ihe accothTrts r1p1 Is probatrAe an¢J the amount rVable can tye measure(1 re1bty Income from interest 2.2 EXPENDITURE AND LIABILITIES Lwbilrts are recogntsed ere rt Is more Iikety Ihan not that there Is a legal or constructive oblat)n ccmmiknng the chanty to pay resources and the amount ofthe oNvJation can be rneasu Vlh rea$(able certainty Liability reCognon Govemance cosis comprise all costs '.nvowing lxjb1 nbilaY of the chanty and Ils CpIlanCe ¥rth ulatIOn an(J gOLKI pwti whe the charity gives a gtsnt 1h cMditKJns ts rts payment being a specffic levd of Se[vi or Grants wlth performantè output to be prOVd. sud) grants are only reccxjnised In the SOFA once the racipient of the giant condluons has provided the s&wfd SeN1 or oulpul Govemance costs Grants payable wthout perfomiance cond0$ Where Ihere 3re tK) Co115 attaching to the 9rant that enables the donor Chanty to reatAllY avrAd the commibneni. a liatxllty for the fvll fJncliro obligabon must recognised Redundancy c¢)st The charty made no reiiuThJary payments (JurnNJ reIng ten¢)Y Oeferred Income No material rtern ofdefeI Incorne has been Iuded In the )unts Cre(Iltors Tre chanty has ed$whth a nEasureo at seiwemeni amounts less any traje ¢iscDuTrts Basic financlal instruments The charty xcwnts for bas financial Instruments Inal reccgnrtion as per paragraph 10 7 FRS102 SORP. Subsequent Tneasuremeni is as per Pa[a[4)S 11 17 to 11 19 FRS102 SORP. 2.3 ASSETS Tangible flxed assets for Thtsse are capitslised If Ihey can L* used mue Ihan one year. and cost at lea51 £500 $e by charity They a valued at cnst The depreuabon rates and th0$ used are disctjsed In notè 9 2 DebtcKs (including tsade debtors and loans receivabiel are measurao on Inthi recognition at setuement amount after any Irade discounts or amount advanced by the charty Subsequently. they are maasure(l ai the cash or Other S1Oerats0n expEaed io be receiveo D•btoi¥
Section C Nates to the J¢counts (cant) Note 3 Analysis of income Restricte¢l n$tcted income Endowment fitnds funds Totsl fvnds Prfjor y8ar Anal is Donations and ifts Donatlons and legacies.. 173 369 25 161 198.530 168.557 Gift Aid 17 965 191,334 22.108 220.638 40.067 208.624 Total 29,304 Charitable activities- Lellin income 18437 18,437 18,437 18.437 18,778 16,778 Totsl Income from investments: Interest Inme 2.924 2.924 2.924 2.924 3.961 3,961 Total Other: Assets transferred to CIO fr¢)m pvIouS ¢harit Totsl TOTAL INCOME 212,695 29.304 241.999 229.363 CC17a (Excell 20110r2025
Section C Notes to the accounts (cont) Note 4 Analysis of expenditure Restricted income Endowment funds lunilg UnTestricted funds Totsi funds Prior year Anal is Expenditure on charitsble activities 207 151 5.418 212,569 209.534 Total expenditure on charltable activities 207.151 5.418 212,569 209.534 TOTAL EXPENDITURE 207.151 5,418 212.569 209 534 Note S Details of certain items of expenditure 5.1 Fees for examination of the accounts This year Last year Independent examiner's fees 870 856 CC17a IExcell 1711012025
Section C Notes to the accounts (cont) Note 6 Paid employees Please complete this note if the charity has any employees. 6.1 Staff Costs This year Last year Salaries and wages Social security costs Pension costs {defined contribution scheme) Other employee benefits 116,580 6,067 6.304 108,490 4,951 6,187 Total staff costs 128.951 119.628 No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 6.2 Average head count in the year The parts of the charity in which the employees work This year Number Last year Number Total Note 7 Defined contribution pension scheme. 7. 1 Please complete this note if a defined contribution pension scheme is operated. Amount of contributions recognised in Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds. £6,304 All staff work on general charitable activities of running the church. CC17a {Excell 2011012025
Section C Notes to the accounts (cont) Note 8 Grantmaking Please complete this note if the charity made any grants or donations which in aggregate fomi a material part of the charitable activities undertaken. 8.1 Analysis of grants paid lincluded in cosl of charitsble activities) rants to rants to institutions individuals Analysis Support costs Total SuprKJrt for missiona activities Total 13.475 13,475 11.806 11,806 25.281 25,281 8.2 Grants made to institutions The charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported. purpose of the grant and total paid to each institution is detailed below. Names of institutlon Purpose Totsl amount of rants paid £ 2,883 REACH Independent support for Religious Education In Schools Tearfund SIM International Relief work Overseas Mission and relief work 1.563 2.000 Operation Concem Charity Messianic Testimony Total grants to institutions in reporting peri¢xI Other unanalysed grants Drug rehabilitation Overseas m15sion 4,479 2,550 13,475 TOTAL GRANTS PAID 13,475 CC17a IExcell 17110025
Section C Notes to the accounts (cont) Note 9 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 9.1 Cost or valuation Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures. rittings and equipment Total At the beginning of the year Additions 1,598,323 1,598.323 Revaluations Disposals Transfers . At end of the year 1.598,323 1.598,323 9.2 Depreciation and impairments 'Basis SLorRB SLorRB SLorRB SLorRB SLorRB Straight Line ("SL")or Reducing Balance ("RB"> Rate None At beginning of the year Disposals Depreciation Impairment Transfers. At end of the year 9.3 Net book value Net book value at the beginning of the year Net book value at the end of the year 1,598,323 1,598,323 1,598,323 1,598,323 CC17a (Excel) 2011012025
Section C Notes to the accounts (cont) Note 10 Debtors and prepayments 10.1 Analysis of debtors This year Last year Trade debtors Prepayments and accrued income 14,078 14.078 34,895 34.895 Total CC17a (Excell 10 1711012025
Sectiun C Notes to the accounts (cont) Note11 Creditors and accruals 11.1 Analysis of creditors Amounts falling due within one year This year Last year Amounts lalling due after more than one year This year Last year Accruals for grants payable Bank loans and overdrafts 10,593 9,424 2,409 45,294 Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income 870 840 Taxation and social security Other creditors 2,442 2,419 Total 13. 05 CC178 (Excel> 2011012025
Section C Notes to the accounts Ic4bnti Note 12 Cash at bank and in hand This yoar Last year Short term cash investments (less than 3 months maturity datel Short term deposits ash at bank and on hand Other Total 127.127 118.543 127,127 CC17a (Excell 1711012025
1111511111 111 1111 111111 Illlllllll 11 111111 1111111111 11111111
Section C Notes to the accounts (cont) Note 14 Charity funds (cont) 14.1 Transfers between funds Reason for transfer and where endowment is converted to income, legal power for its conversion Transfer from Maintenance fund (£4000)2nd Technology fund1£5001 to utilise funds. Transfer from Housing fund to cover mortgage capital paid £20,736. Amount Between unrestricted and restricted funds -21,675 CC17a (Excell 14 1711012025
Section C Notes to the accounts lcontl Note15 Transa¢ts"ons with trustees and lated parties If t17e c17arity has any transa¢rions with related parties lother fftan the trustet expense$ Èxplafned in gusdan¢e notes) details of su¢h transactiorts should b* pmYideLI this note_ If there are no trartS3Ctions to repo¢ please enier"True" In the box or~False- if there are tran¢105 to report. 15.1 Trustee remuneration and benefits the period the charity has pai.d trustees remunetstson and benefi'ts. Pleèse give the amou17t of, andlegal authority for, any remunèration orother benefits paid ro a trustee by the charity or any insbtution or company connected bvith It. Amounts paiij or benefit value This Pension contribution ar Redundancy ! Last ar TOTAL Legal authorfty leg order. governing do¢umentl Remuneration O¢her Narne of trustee loss of officellex Graham Cooke Governing document Governing docurnent Goveming tlocument 42,355 | 26.585 2,019 1 44.374 ' Torn Wederell 1.904 1 28.489 1 Charlie Baines 33.365 1 1,669 35,034 Please 4ivÈ dètaAls of why remuner•tion or oth employrnent benefits were paid. Employed a$ Pastors 15.2 Trustees. expenses Type of expenses ¥eimbursed Thi$ year Last year Travel Ministry related Conferences 124 142 1,427 1,551 500 TOTAL 642 Three trust4é9 w•r8 r•imburs•d lor wxponses ty had expenses Oai¢Y by thè charity CC17a (EX1) 15 17110Q025
(HARITY (OAW Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of KENNETVALLEY FREE CHURCH On accounts for the year ended 31 DECEMBER 2024 Charity no (if any) 1174002 Set out on pages attached Respectlve The charity's trustees are responsible for the preparation of the accounts. résponsibllltles of The charity's trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Ba818 of Independent My examination was carried out in accordance with general Directions given examiner's statement by the Charity Commission. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent In connection with my examination, no matter has come to my attention.. examinerfs ststsment 1. which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met., or 2. to which, in my opinion, attention should be drawn in order lo enable proper understanding of the accounts to be reached. Signed: Dats: 20 October 2025 Name: Philip John Nixon of Edwin Smith Chartered Accountants Relevant professional qualification{s) or body: F.C.A. Address." 32 Queens Road, Reading, Berkshire. RG14AU IER