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|Trustees' Report|1 to 7|
|---|---|
|Reference and Administrative Details|6|
|Statement of Trustees' Responsibilities|8|
|Independent Examiner's Report|9|
|Statement of Financial Activities|10 to 11|
|Balance Sheet|12|
|Notes to the Financial Statements|13 to 25|
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20/4/26
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20/4/26
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27/4/26
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|
RecognisedGains and Loss|
es)||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|2025|
||Note|£|£|£|
|Income and Endowmentsfrom:|||||
|Donations and legacies|2|36,845|313,412|350,257|
|Charitable activities|3|22,057||22,057|
|Investment income|4|890|4,620|5,510|
|Total income||59,792|318,032|377,824|
|Expenditureon:|||||
|Charitable activities|5|(43,598)|(54,825)|(98,423)|
|Total expenditure||(43,598)|(54,825)|(98,423)|
|Net income||16,194|263,207|279,401|
|Gross transfers between funds||(102)|102|-|
|Net movement in funds||16,092|263,309|279,401|
|Reconciliation of funds|||||
|Total funds brought forward||48,141|1,263,482|1,311,623|
|Total funds carried forward|19|64,233|1,526,791|1,591,024|
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|ComparativeStatement of Financial A|ctivities for|the year ended 2|024||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|2024|
||Note|£|£|£|
|Income and Endowmentsfrom:|||||
|Donations and legacies||41,688|1,472,646|1,514,334|
|Charitable activities||18,070|74|18,144|
|Investment income|4|834|1,980|2,814|
|Total income||60,592|1,474,700|1,535,292|
|Expenditure on:|||||
|Charitable activities||(62,538)|(66,971)|(129,509)|
|Total expenditure||(62,538)|(66,971)|(129,509)|
|Net (expenditure)/income||(1,946)|1,407,729|1,405,783|
|Gross transfers between funds||(1,775)|1,775||
|Net movement in funds||(3,721)|1,409,504|1,405,783|
|Reconciliation of funds|||||
|Total funds brought forward||51,862|(146,022)|(94,160)|
|Total funds carried forward|19|48,141|1,263,482|1,311,623|
```
20/4/26
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|2
Income from donations and legacies||||
|---|---|---|---|
||Unrestricted|Restricted||
||Funds|funds|Total funds|
||£|£|£|
|Donations and legacies;||||
|Planned Giving donations|5,259|-|5,259|
|Donations, appeals etc|11,842|4,074|15,916|
|Gift aid reclaimed|19,744|-|19,744|
|Grants, including capital grants;||||
|Grants|-|291,555|291,555|
|Diocese grants|-|17,783|17,783|
|Total for 2025|36,845|313,412|350.257|
|Total for 2024|41,688|1,472,646|1,514,334|
##
|3
Income from charitable activities||||
|---|---|---|---|
||Unrestricted|Restricted||
||Funds|funds|Total funds|
||£|£|£|
|Church and hall hire income|12,737|-|12,737|
|Clergy fee income|1,801|-|1,801|
|Other income|7,519||7,519|
|Total for 2025|22,057|-|22,057|
|Total for 2024|18,070|74|18,144|
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|4
Investmentincome|||||
|---|---|---|---|---|
||Unrestricted|funds|Restricted|Total|
||Designated|General|funds|funds|
||£|£|£|£|
|Interest receivable and similar|||||
|income;|||||
|Investment income|71|819|4,620|5,510|
|Totalfor 2025|71|819|4,620|5,510|
|Totalfor 2024|80|754|1,980|2,814|
##
|5
Expenditureon charitable|activities||||
|---|---|---|---|---|
||Activity||||
||undertaken|Activity|Total|Total|
||directly|support costs|2025|2024|
||£|£|£|£|
|Ministry: Diocesan parish|||||
|share|10,000|-|10,000|20,000|
|Church running costs|9,325|-|9,325|14,366|
|Wages & Salaries (Project|||||
|costs)|20,478|-|20,478|58,141|
|Admin expenses (Project|||||
|costs)|6,298|-|6,298|3,566|
|Project fees|1,655|-|1,655|894|
|Payments to Diocese||-|-|1,140|
|Church repairs &|||||
|Maintenance|7,857|-|7,857|2,697|
|Professional fees||5,460|5,460|11.610|
|Lifehouse project|34,338|3,012|37,350|17,095|
||89,951|8,472|98,423|129,509|
##
|6
Net incoming/outgoing resources
Net incoming resources for the year include:|||
|---|---|---|
||2025|2024|
||£|£|
|Operating leases - other assets|2,337|1,459|
|Audit fees|-|7,000|
|Other non-audit services|-|3.500|
|Depreciation of fixed assets|2,289|-|
|Independent examiner fee|4,500|-|
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|8
Staff costs
The aggregate payroll costs were as follows:|||
|---|---|---|
||2025|2024|
||£|£|
|Staff costs during theyear were:|||
|Wages and salaries|21,235|56.441|
|Pension costs|(757)|1,700|
||20,478|58,141|
|by the ch|
arity|
during the year expressed as full tim|e equivalents was as follows:||
|---|---|---|---|---|
||||2025|2024|
||||No|No|
|Average|head|count|1|2|
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|10 Tangible fixed assets|||||
|---|---|---|---|---|
||Land and|Furniture and|Assets under||
||buildings|equipment|contruction|Total|
||£|£|£|£|
|Cost|||||
|At 1 January 2025|||432,565|432,565|
|Additions|53,255|37,197|1,146,161|1,236,613|
|Transfers|1,578,726||(1,578,726)||
|At 31 December 2025|1,631,981|37,197|-|1,669,178|
|Depreciation|||||
|Chargeforthe year||2,289||2,289|
|At 31 December 2025||2,289||2,289|
|Net book value|||||
|At 31 December 2025|1,631,981|34,908|-|1,666,889|
|At 31 December 2024|||432,565|432,565|
|11 Debtors|||||
||||2025|2024|
||||£|£|
|Prepayments|||599|313|
|Accrued income||||495.712|
|Other debtors|||3,104|3,984|
||||3,703|500,009|
|12 Current asset investments|||||
|||||2025|
|Cash deposits||||25,000|
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|13 Cash and cash equivalents|||
|---|---|---|
||2025|2024|
||£||
|Cash at bank|59,683|237,057|
|Short-term deposits|37,509|338,279|
||97,192|575.336|
|14 Creditors: amounts falling due within one year|||
||2025|2024|
||£|£|
|Other loans|2,000||
|Other taxation and social security||1,619|
|Other creditors|1,801|2,309|
|Accruals|49,959|42,359|
||53,760|46,287|
|15 Creditors: amounts falling due afterone year|||
||2025|2024|
||£|£|
|Other loans|148,000|150,000|
##
|16 Obligations under operating leases|||
|---|---|---|
||2025|2024|
||£|£|
|Other|||
|Within one year|2,049|2,244|
|Between one and five years|3,273|5,415|
||5,322|7,659|
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||Unrestricted
Funds||Restricted
Funds|Total2025|Total 2024|
|---|---|---|---|---|---|
|General Funds (Admin)||-|-|-||
|Lifehouse Project||-|249|249|3,471|
|Transforming Mission||-|-|-||
|||-|249|249|3,471|
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|19 Funds||||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at||||31|
||1 January|Incoming|Resources||December|
||2025|resources|expended|Transfers|2025|
||£|£|£|£|£|
|Unrestricted funds||||||
|General||||||
|General funds|46,567|59,721|(43,598)|(102)|62,588|
|Designated||||||
|Fabric Fund|1,574|71|-|-|1,645|
|Total unrestricted funds|48,141|59,792|(43,598)|(102)|64,233|
|Restricted funds||||||
|Lifehouse Project|1,262,848|300,222|(37,042)|-|1,526,028|
|ACTS 435|139||||139|
||||-|-||
|Car Park Fund|597|27|||624|
|||||-||
|Transforming Mission|(102)|-|-|102|-|
|Diocese Salary||||||
|Contribution|-|17,783|(17,783)|-|-|
|Total restricted funds|1,263,482|318,032|(54,825)|102|1,526,791|
|Total funds|1,311,623|377,824|(98,423)|-|1,591,024|
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|Year Ended 31 Dece|mber 2025|(continued|)|||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at||||31|
||1 January|Incoming|Resources||December|
||2024|resources|expended|Transfers|2024|
||£|£|£|£|£|
|Unrestricted funds||||||
|General||||||
|General funds|50,368|60,512|(62,538)|(1,775)|46,567|
|Designated||||||
|Fabric Fund|1,494|80|-|-|1,574|
|Total unrestricted funds|51,862|60,592|(62,538)|(1,775)|48,141|
|Restricted||||||
|Lifehouse Project|(150,000)|1,430,371|(17,095)|(428)|1,262,848|
|ACTS 435|139||||139|
|||-||||
|Car Park Fund|567|30|||597|
||||-|-||
|Transforming Mission|3,272|(3,374)|-|-|(102)|
|Diocese Salary||||||
|Contribution|-|47,673|(49,876)|2,203|-|
|Total restricted funds|(146,022)|1,474,700|(66,971)|1,775|1,263,482|
|Total funds|(94,160)|1,535,292|(129,509)|-|1,311,623|
##
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|20 Analysis o|f net assets bet|ween funds||||
|---|---|---|---|---|---|
||||||Total funds|
||||||at 31|
|||Unrestricted funds||Restricted|December|
|||General|Designated|funds|2025|
|||£|£|£|£|
|Tangible fixed|assets|-||1,666,889|1,666,889|
|Current assets||65,378|1,645|58,872|125,895|
|Current liabilities||(2,790)|-|(50,970)|(53,760)|
|Creditors over|1 year|||(148,000)|(148,000)|
|Total net assets||62,588|1,645|1,526,791|1,591,024|
||||||Total funds|
||||||at 31|
|||Unrestricted funds||Restricted|December|
|||General|Designated|funds|2024|
|||£|£|£|£|
|Tangible fixed|assets|-||432,565|432,565|
|Current assets||60,696|1,574|1,013,075|1,075,345|
|Current liabilities||(14,129)|-|(32,158)|(46,287)|
|Creditors over|1 year|-||(150,000)|(150,000)|
|Total net assets||46,567|1,574|1,263,482|1,311,623|
##
|21 Analysis of net funds|||||
|---|---|---|---|---|
|||||At 31|
||At|1 January|Financing|December|
|||2025|cash flows|2025|
|||£|£|£|
|Cash at bank and in hand||575,336|(453,144)|122,192|
|Net debt||575,336|(453,144)|122,192|
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