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2025-08-31-accounts

Annual Report and Financial Statements for the Year Ended 31 August 2025

Southern Cross Evangelical Church

Charity registration number: 1179391

Independent Examiners Ltd The Grain Store Hills Barns

Appledram Lane South Chichester West Sussex PO20 7EG

SOUTHERN CROSS EVANGELICAL CHURCH

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 17

SOUTHERN CROSS EVANGELICAL CHURCH

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

Lorraine Mary Voak Christine Hayward Brenda Ann Gates Alison Tester

Charity Registration 1179391 Number Principal Office 103 Trafalgar Road Portslade Brighton BN41 1GU Independent Examiner G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Page 1

SOUTHERN CROSS EVANGELICAL CHURCH

TRUSTEES' REPORT

The trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2025.

Structure, governance and management

Nature of governing document

Southern Cross Evangelical Church is a registered charity, number 1179391, and is constituted under a CIO constitution.

Recruitment and appointment of trustees

The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution.

Organisational structure

The day to day management of the charity is delegated by the trustees to the Pastor and other church employees.

Relationships with related parties

The Fellowship of Independent Evangelical Churches Limited (FIEC)

The charity has appointed The Fellowship of Independent Evangelical Churches Limited (FIEC) as its holding trustee and adheres to the Basis of Faith of FIEC.

Risk management

The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

Objects and aims

The principal object of the charity is the advancement of the Christian faith in accordance with the Basis of Faith primarily, but not exclusively, within Portslade and the surrounding neighbourhood.

Objectives, strategies and activities

The church is engaged in its fulfillment of its objects through gathering for worship services, preaching, teaching and prayer and working in the community to make known the gospel of Jesus Christ.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

SOUTHERN CROSS EVANGELICAL CHURCH

TRUSTEES' REPORT (CONTINUED)

Achievements and performance

Southern Cross appointed a new part time pastor, Andy Billinghay from July 2025.

The Church is open for morning and evening services, but the prayer meeting on a Tuesday evening is still on zoom. The church continue to support the work of a school in Dandora, Kenya; Brighton and Hove City Mission and Missionary Aviation Fellowship.

The youth group has continued to meet in person on a Friday evening term time, and a toddler group meets every Friday afternoon term time.

Financial review

Income for the year amounted to £41,041 (2024: £39,229) while expenditure was £37,539 (2024: £43,337). The surplus £ (2024: deficit £4,108) was added to funds brought forward resulting in unrestricted funds of £310,599 and restricted funds of £717 at the year end.

Policy on reserves

In line with the trustees' belief that God provides for the work to which the church is called, reserves are not maintained.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 3

SOUTHERN CROSS EVANGELICAL CHURCH

TRUSTEES' REPORT (CONTINUED)

Statement of Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the trustees of the charity on 5 November 2025 and signed on its behalf by:

......................................... ......................................... Christine Hayward Alison Tester Trustee Trustee

Page 4

SOUTHERN CROSS EVANGELICAL CHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHERN CROSS EVANGELICAL CHURCH

I report to the trustees on my examination of the accounts of Southern Cross Evangelical Church for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity trustees of Southern Cross Evangelical Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Southern Cross Evangelical Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Southern Cross Evangelical Church as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

...................................... G W Schulz FCMA Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG

5 November 2025

Page 5

SOUTHERN CROSS EVANGELICAL CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
2
14,118
Charitable activities
3
267
Investment income
4
23,923
Other income
5
1,000
Total income
39,308
Expenditure on:
Charitable activities
6
36,239
Total expenditure
36,239
Net
income/(expenditure)
3,069
Net movement in funds
3,069
Reconciliation of funds
Total funds brought
forward
307,530
Total funds carried
forward
13
310,599
Restricted
funds
£
1,733
-
-
-
1,733
1,300
1,300
433
433
284
717
Total
2025
£
15,851
267
23,923
1,000
41,041
37,539
37,539
3,502
3,502
307,814
311,316
Total
2024
£
16,611
412
22,206
-
39,229
43,337
43,337
(4,108)
(4,108)
311,922
307,814

The notes on pages 8 to 17 form an integral part of these financial statements. Page 6

SOUTHERN CROSS EVANGELICAL CHURCH

BALANCE SHEET AS AT 31 AUGUST 2025

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: Amounts falling due within one year
12
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
13
2025
£
243,164
243,164
2,190
66,874
69,064
(912)
68,152
311,316
717
310,599
311,316
2024
£
242,313
242,313
2,178
64,205
66,383
(882)
65,501
307,814
284
307,530
307,814

The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 5 November 2025 and signed on their behalf by:

......................................... Christine Hayward Trustee

......................................... Alison Tester Trustee

The notes on pages 8 to 17 form an integral part of these financial statements. Page 7

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Southern Cross Evangelical Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Gift aid

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Page 8

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Land and buildings 2% straight line
Furniture and equipment 25% straight line

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 9

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

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 charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 10

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

2 Income from donations and legacies

Unrestricted
funds
Restricted
General
£
funds
£
Donations and legacies;
Donations
11,505
1,733
Gift aid reclaimed
2,613
-
14,118
1,733
3 Income from charitable activities
Unrestricted funds
Designated
£
General
£
Youth activities
193
-
Other activities
-
74
193
74
4 Investment income
Unrestricted funds
Designated
£
General
£
Interest receivable and
similar income;
Interest receivable on
bank deposits
284
71
Income from rents
-
23,568
284
23,639
5 Other income
Unrestricted
funds
General
£
Gains on sale of tangible fixed assets for
charity's own use
1,000
Total
2025
£
13,238
2,613
15,851
Total
2025
£
193
74
267
Total
2025
£
355
23,568
23,923
Total
2025
£
1,000
Total
2024
£
13,827
2,784
16,611
Total
2024
£
301
111
412
Total
2024
£
262
21,944
22,206
Total
2024
£
-

Page 11

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

6 Expenditure on charitable activities

Unrestricted funds
Note
Designated
£
General
£
Visiting speakers
-
5,308
Books and
resources
-
612
Youth activities
511
-
Subscriptions &
fees
-
500
Light, heat &
water
-
5,986
Repairs &
maintenance
-
2,797
Post, print &
stationery
-
2,088
Insurance
-
2,177
Letting agents
fees
-
1,788
Sundry expenses
-
118
Bank charges
-
66
Independent
examination
-
912
Depreciation
-
7,710
Grant funding of
activities
7
-
1,166
Staff costs
9
-
4,500
511
35,728
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
1,300
-
1,300
Total
2025
£
5,308
612
511
500
5,986
2,797
2,088
2,177
1,788
118
66
912
7,710
2,466
4,500
37,539
Total
2024
£
12,070
82
596
500
6,508
8,029
2,809
1,933
1,944
49
68
882
5,570
2,297
-
43,337

7 Grant-making

Analysis of grants

Grants Grants to institutions
2025
£
2024
£
1,500
1,800
Grants to individuals
2025
£
2024
£
966
497

Page 12

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses from the charity during the year.

The only payments made to the trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.

9 Staff costs

The aggregate payroll costs were as follows:

2025 2024 £ £ Staff costs during the year were: - Wages and salaries 4,500

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

2025 2024 No No Self-employed 1 -

No employee received emoluments of more than £60,000 during the year

Page 13

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

10 Tangible fixed assets

Cost
At 1 September 2024
Additions
Disposals
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
Eliminated on disposals
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
Land and
buildings
£
278,519
-
-
278,519
36,206
5,570
-
41,776
236,743
242,313
Furniture
and
equipment
£
1,311
8,561
(1,311)
8,561
1,311
2,140
(1,311)
2,140
6,421
-
Total
£
279,830
8,561
(1,311)
287,080
37,517
7,710
(1,311)
43,916
243,164
242,313

Page 14

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

11 Debtors

Prepayments
Accrued income
12 Creditors: amounts falling due within
Accruals
13 Funds
Current year
Balance at
1
September
2024
£
Unrestricted funds
General
General Funds
285,113
Designated
Reserve fund
18,365
Crusaders fund
3,659
Holiday clubs
393
22,417
Total unrestricted funds
307,530
Restricted funds
Mission fund
284
Total funds
307,814
one year
Incoming
resources
£
38,831
284
193
-
477
39,308
1,733
41,041
2025
£
1,917
273
2,190
2025
£
912
Resources
expended
£
(35,728)
-
(511)
-
(511)
(36,239)
(1,300)
(37,539)
2024
£
1,804
374
2,178
2024
£
882
Balance at
31 August
2025
£
288,216
18,649
3,341
393
22,383
310,599
717
311,316

Page 15

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

Prior year
Unrestricted funds
General
General Funds
Designated
Reserve fund
Crusaders fund
KidsCRU
Holiday clubs
Total unrestricted funds
Restricted funds
Mission fund
Dandora fund
Total funds
Balance at
1
September
2023
£
284,776
18,158
3,954
151
393
22,656
307,432
535
3,955
4,490
311,922
Incoming
resources
£
37,172
207
301
-
-
508
37,680
1,549
-
1,549
39,229
Resources
expended
£
(36,835)
-
(596)
(151)
-
(747)
(37,582)
(1,800)
(3,955)
(5,755)
(43,337)
Balance at
31 August
2024
£
285,113
18,365
3,659
-
393
22,417
307,530
284
-
284
307,814

Page 16

SOUTHERN CROSS EVANGELICAL CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)

14 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted funds
General
£
Designated
£
243,164
-
45,964
22,383
(912)
-
288,216
22,383
Unrestricted funds
General
£
Designated
£
242,313
-
43,682
22,417
(882)
-
285,113
22,417
Restricted
funds
£
-
717
-
717
Restricted
funds
£
-
284
-
284
Total funds
at 31
August
2025
£
243,164
69,064
(912)
311,316
Total funds
at 31
August
2024
£
242,313
66,383
(882)
307,814

Page 17