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 mater￿1 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￿ Suffic￿nt relrabilty
The￿ has been rrf) offsettsng of assets lia￿l￿e$. or Incxjme and exp*ns&s unless requirecl or
*mitted by the FRS 102 SORP or FRS 102
Offsetting
Donaiions are onty IrKiuded in SOFA w￿Tr the general Inrxxne reCogn￿"On crrterta are rr*l15 10
to 5 12 FRS102 SORPI
Donations
Legac*s a￿ Induded In the SOFA when receipl Is probable th* Is. whèn there has l)een grant of
probate. the execulrys have esiats.Ished that mere are suffiuènt assets In the estste and any
conditions attached to the Wcy a￿ erther wrthin ihe (x)ntrol of the charfty or have been mel
Gift Aid r￿1vable Is Inducied In In￿me wheTh there Is a Valxj dedaraiion from the ¢onor Any Grfi
Aid amount recovered on a donation 15 consthred to L* part of that grfl and Is treated 35 an Jddition
to tre same fund as Ihe In￿.8. donation unless the donor or the term5 of the appeal have specified
other￿Se
Lega¢ies
Tax re¢lalms on
donation5 and glfts
The value ol any vduntsry help received IS Included In the attount5 bui Is descnbed In the
trustees. annual rerxxi
Voluntser help
This Is Induded In Ihe accothTrts r￿1p1 Is probatrAe an¢J the amount r￿Vable can tye
measure(1 re1￿bty
Income from interest
2.2 EXPENDITURE AND LIABILITIES
Lwbilrt*s are recogntsed ￿ere rt Is more Iikety Ihan not that there Is a legal or constructive
obl￿at￿)n ccmmiknng the chanty to pay resources and the amount ofthe oNvJation can be
rneasu￿ V*lh rea$(￿able certainty
Liability reCogn￿on
Govemance cosis comprise all costs '.nvowing lxjb1￿ ￿￿￿n￿bilaY of the chanty and Ils C￿￿pIlanCe
¥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 prOV￿d. sud) grants are only reccxjnised In the SOFA once the racipient of the giant
condluons
has provided the s&wf*d SeN1￿ or oulpul
Govemance costs
Grants payable wthout
perfomiance cond￿0￿$
Where Ihere 3re tK) Co￿11￿￿5 attaching to the 9rant that enables the donor Chanty to rea￿￿tAllY
avrAd the commibneni. a liatxllty for the fvll fJncliro obligabon must recognised
Redundancy c¢)st
The charty made no reiiuThJary payments (JurnNJ re￿Ing ten¢)Y
Oeferred Income
No material rtern ofdefeI￿ Incorne has been I￿uded 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 ￿ In￿al 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￿$t￿cted 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 In￿me
2.924
2.924
2.924
2.924
3.961
3,961
Total
Other:
Assets transferred to CIO fr¢)m p￿vIouS
¢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
17110￿025

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￿¢1￿0￿5 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 (EX￿1)
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