**Trustees’ Annual Report for the period** **From: 1 January 2025 To: 31 December 2025** **Charity name: Fountains Church, Bradford (‘FCB’) Charity registration number: 1183423** Objectives and Activities ......................................................................................................................................... 3 Achievements and Performance .................................................................................. **Error! Bookmark not defined.** Financial Review ........................................................................................................... **Error! Bookmark not defined.** Structure, Governance and Management .................................................................................................................. 8 Reference and Administrative details ...................................................................................................................... 12 Declarations ............................................................................................................................................................. 15 2 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## Objectives and Activities ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para
1.17|The Charity's objects for the benefit of the public are:
3.1.1 to advance the Christian faith within the City of Bradford
Metropolitan District in the Diocese of Leeds and in accordance
with the doctrines, policies, practices and patterns of worship of
the Church of England by furthering its pastoral, evangelistic,
social and ecumenical activities; and
3.1.2 the prevention or relief of poverty in the City of Bradford
Metropolitan District by providing items and services to
individuals in need and/or charities, or other organisations
working to prevent or relieve poverty.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para
1.17 and
1.19|`♦`Rejuvenation and development of Glydgate building(s)
`♦`Church plant: Saturday Gathering
`♦`Church plant: Wrestling Church
`♦`Revitalisation, support and growth of network churches:
St Margaret’s Frizinghall & St Michael’s Shelf with St
Aiden’s Buttershaw
`♦`Community Engagement: Community meals
`♦`Community Engagement: WellSprings/ Bible Study
`♦`Community Engagement: Stay and Play/ Stepping
Stones| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para
1.18|As part of on-going development of the Trustee Board a new
induction process was introduced in 2023 which will encompass
the competencies and knowledge of CC guidance on public
benefit.
A Trustee Responsibilities policy was approved by the trustees
in November 2025.| |||| |Contribution
made
by
volunteers|Para
1.38|There are 65 volunteers supporting the CIO in various guises
from Welcome Team at services through to serving at outreach
activities, maintenance of the building and children’s groups.
They are also part of the pastoral care team, prayer teams and
support grant applications to further the work of the CIO.| 3 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## **Trustees Report** 2025 has been a year of consolidation for Fountains Church, but also a time of new beginnings as we have moved beyond the initial phase of building redevelopment and structural change, the year has been marked by a growing sense of rootedness and a deepening of our identity and call in the city. Across our Sunday worship, Saturday Gathering, Wrestling Church and weekday community meals, Fountains has continued to be a place where people who might not otherwise engage with church encounter welcome, dignity and the transforming love of Jesus. We have also seen people coming to Fountains seeking a new experience of church. The Sunday congregation continues to develop and grow, with a committed core of volunteers, staff and trustees serving, developing and supporting varied ministries, groups and services. We have been seeing a regular and increasing amount of new people joining us for Sunday services and becoming active and valued members of the congregation. - Ministry See 2025 reports from Ministry Leads ## Governance The trustees met bi-monthly 6 times during the year, with sub-committees focused on finance and HR meeting regularly in between. 2025 was a year of setting priorities and establishing good practice upon which to grow and develop in the next stage of Fountains. Twelve new policies were approved ranging from statutory safeguarding and HR policies, to polices governing our approach to pastoral care and baptism. The trustees will continue to review and implement policies that benefit and protect the church and its members. Income from hiring out parts of our buildings complex was able to make good headway with the completion of the renovation work and the trustees agreed principles and practices that supported the events manager to establish a solid foundation for the events business. Generating close to £100,000 in turnover for our first full year was an encouraging indicator that we can take hiring income to the next level and reach the 25% increase target the finance committee has set for 2026. Resourcing to enable us to bring bookings in and manage them to a high standard is an operational priority for 2026. Ahead of the AGM in 2025 a trustee’s skills audit was carried out to identify areas where we needed to develop the skills and experience of the trustee board and new trustees were elected to help fill these gaps. Sub committees of trustees were established to provide more focus to key areas - finance, events and HR - with a mandate to provide recommendations to the trustees, communications to the church and provide support for the senior leadership and staff team. 4 new trustees joined us in May and Mark Stothers was co-opted to the trustee board for one year to help Fountains with their event/ hire business. Bishop Toby announced that he would be stepping down as Chair of Trustees as he took up the position of Acting Bishop of Leeds and Archdeacon Andy Jolley was nominated as the new Chair of Trustees with Terry Henry remaining as vice chair. Leah Leighton also joined the trustee board as an ex-officio member upon her appointment as Associate Leader for St Margarets and Fountains in June. Much of the year was heavily focused on finance and planning as it became apparent mid-year that cash flow and income was becoming increasingly pressured as we sought to balance the income against the phasing out of the SDF funding. The finance committee established a 4-pillar approach to monitoring and reviewing the monthly financial position and the introduction of a forecasting tool enabled the trustees to have access to reliable data to make decisions. Amongst other initiatives a teaching series on generous giving as part of discipleship and a Gift Day prompted an overwhelming response from the congregation in both regular giving and one-off gifts. This display of generosity and support 4 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 played a big factor in strengthening the finances, ending the year with balanced books. It also highlighted the commitment that our congregations have in supporting Fountains. The trustees wish to thank all our congregation, volunteers and staff for the generous sharing of their gifts, skills and time to enable Fountains to continue to develop and grow in its ministry and serving of our communities. ## **Missional Roll 2026: 72 members enrolled.** ## Financial Review |Review of the charity’s
financial position at the end
of the period|Para
1.21|Despite a somewhat precarious and uncertain year we have
ended the year with balanced accounts, providing us with a
relatively stable and positive financial position to begin 2026.
Income: £556,608
Expenditure: £514,299
Net Income: £42,309
**Key Factors and Challenges;**
Midway through the year, cash-flow pressures became
apparent, prompting the formation of a Finance Committee to
provide enhanced oversight, forward planning, and clear
recommendations to trustees.
Four financial pillars were established to track progress and
focus action:
Voluntary giving,
Events / Letting income
Grant income
Cost management.
A targeted giving series and Gift Day resulted in increased giving
from the congregation, with further growth targets set for 2026.
Total voluntary income (including gift aid) was at £165,000, a
£45,000 increase on 2024.
Analysis shows that the majority of the congregation are now
regularly contributing generously to Fountains. Church growth is
a key focus for 2026 to see a consistent, steady increase in order
to continue to build sustained growth and capacity for the
future.
Strong events income in the final quarter significantly
strengthened the year-end position, allowing the organisation to
finish 2025 in a more comfortable place than anticipated. Venue
hire income will play a key factor in our revenue streams for the
2026 budget.
Commercial revenue for 2025 generated £130,000 (including
venue hire,cateringsales and long-term office rentals).| |---|---|---| 5 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 Reviewing the events manager role led to creating increased capacity in the team - with part time roles created for a sales manager and an events coordinator to ensure that we are in a strong position to develop the venue sales income to meet the increased revenue target. Running costs have been actively managed and maintained as we have gone through the year. Utilities and salaries remain our biggest expenditure. The impact of the solar panel installation is being monitored and demonstrating we are benefiting from this in our electricity use. We also had a Net Zero Carbon Review which identified that our building is running efficiently with a few tweaks suggested to improve our emissions. A review of salary costs and discussion with the staff team means that most roles are now part time, helping to keep salary costs to £10k a month. This is especially important in helping us to become independently sustainable outside of the SDF funding that is set to end in 2026. This will result in reduced capacity of the staff team and the HR Committee are working on a review of all church activities and responsibilities in order to identify key priorities. Outside of the SDF grants we secured a further £33,000 in additional grant funding, some of which is restricted to help with salary costs. **Key Considerations** - positive operating surplus at the end of 2025 - ongoing grant dependency - importance of sustaining voluntary giving and fundraising activity - maintaining oversight of costs. Although we have ended the year in a positive position, we still have a very finely balanced budget for 2026, which is sensitive if any of the “pillars” doesn’t achieve its goal. So, though it is a time to celebrate and be very thankful, we need to continue with our reserved approach as we build sustainability and strong foundations for Fountains for the years to come. **2026 Financial Outlook** Looking ahead to 2026, the financial outlook is ‘cautiously positive’. Planned growth in our giving and events is expected and will help to strengthen unrestricted income. Resourcing for events needs to be a priority. However, grant income remains an uncertain factor at this stage and may be subject to increased competition and changing funder priorities as pressures such as cost of living continues to be felt by many. We can anticipate seeing pressure on staffing capacity as the team becomes more streamlined, and additional pressures on 6 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 |||operational costs due to minimum wage increases, inflation
rises, food price increases and service demand. Active
monitoring of cash flow, seeking more creative income streams,
and early planning for a grant application strategy/ team/ focus
will be factors in maintaining financial sustainability during 2026.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A reserves policy was agreed by the Trustees in 2023.
The Trustees recognise that money should only be kept in
reserve for specific reasons – whilst the Bible clearly indicates
that we should not hoard it is also clear that sensible planning
for known events and planning responsibly for others (including
employees) is important.
As such we have set a target to have three months of non-SDF
funded running costs in unrestricted cash reserves in case of a
major problem (c.£40k) and in addition to have a further month’s
salaries in reserves (c.£10k)
**Policy:**it is the policy of this church to aim to keep three months
running costs and a further one month's salary costs in reserve
to cover unforeseen emergencies.
The reserves that we plan to set aside provide financial stability
and the means for the continued development of our principal
activities. Reserves will be monitored and reported as part of
the annual accounts, the bi-monthly Trustees meetings and as
part of the AGM for the church.
This policy will be reviewed ready for approval at the final
Trustee meeting of each financial year, normally November.| |Number of reserves held|Para
1.22|£60k which equates to approximately 3 months of non-SDF
funded costs and 1 month’s salaries.| |Reasons for holding zero
reserves|Para
1.22|We do not hold zero reserves.| |Details of fund materially in
deficit|Para
1.24|There is no material deficit.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para
1.23|There are no uncertainties around going concern.| 7 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## Structure, Governance and Management |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|CIO - ASSOCIATION
Registered 15 May 2019| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**12. Charity trustees**
**12.1**Functions and duties of charity trustees
The charity trustees shall manage the affairs of the CIO and
may for that purpose exercise all the powers of the CIO.
It is the duty of each charity trustee:
**12.1.1**to exercise his or her powers and to perform his or her
functions as a trustee of the CIO in the way he or she
decides in good faith would be most likely to further the
objects of the CIO; and
**12.1.2**to exercise, in the performance of those functions, such
care and skill as is reasonable in the circumstances
having regard in particular to:
**12.1.2.1**any special knowledge or experience that he or she
has or holds himself or herself out as having; and
**12.1.2.2**if he or she acts as a charity trustee of the CIO in the
course of a business or profession, to any special
knowledge or experience that it is reasonable to expect of
a person acting in the course of that kind of business or
profession.
**12.1.3**The charity trustees shall make provision for their
responsibilities to be served by:
**12.1.3.1**A Vice-chair| 8 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 **12.1.3.2** A Secretary, **12.1.3.3** A Treasurer. **12.1.4** The charity trustees shall appoint one of their number to act as Vice-chair to the charity trustees. **12.1.5** The charity trustees shall appoint one of their number to act as Secretary to the charity trustees. Failing such appointment the office of Secretary shall be discharged by some other fit person approved by the charity trustees who shall not thereby become a charity trustee except under the provisions of clause 12.8.5. **12.1.6** The charity trustees shall appoint one of their number to act as Treasurer to the charity trustees. Failing such appointment the office of Treasurer shall be discharged by some other fit person approved by the charity trustees who shall not thereby become a charity trustee except under the provisions of clause 12.8.5. **12.2 Eligibility for trusteeship 12.2.1** Every charity trustee must be a natural person. **12.2.2** No one may be appointed as a charity trustee: **12.2.2.1** If he or she is under the age of 16 years; or **12.2.2.2** if he or she would automatically cease to hold office under the provisions of clause 14. **12.2.3** No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. 9 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 **12.2.4** At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. **12.3 Number of charity trustees 12.3.1** The charity trustees shall comprise: **12.3.1.1** The ex-officio trustees in accordance with clause 12.5 **12.3.1.2** up to three trustees nominated by the Bishop of Bradford in accordance with clause 12.6 (to be known as the "nominated trustees"); and **12.3.1.3** up to two co-optative trustees appointed in accordance with clause 12.7 **12.3.1.4** up to fifteen lay trustees elected by the members of the CIO in accordance with clause 12.8 (to be known as the "elected charity trustees"). **12.3.2** The number of elected charity trustees shall be not less than three but will rise in the following increments: **12.3.3** Six charity trustees where the membership register has more than 25 and less than 50 names, **12.3.4** Nine charity trustees where the membership register has 50 names or more but less than 100 names, **12.3.5** An additional three charity trustees for every further one hundred (or part thereof) names on the membership register up to a maximum of fifteen charity trustees. With the exception of the minimum of three, these numbers “six”, “nine”, “three” and “fifteen” may be altered from time to time by a resolution passed at any annual general 10 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 |||meeting, but such resolution shall not take effect before
the next ensuing annual general meeting.
**12.3.6**No charity trustee appointment may be made in excess
of these provisions
.
**12.3.7**There must be at least three charity trustees. If the
number falls below this minimum, the remaining trustee or
trustees may act only to call a meeting of the charity
trustees, or appoint a new charity trustee.| |---|---|---| |||| |Policies and procedures
adopted for the induction and
training of trustees|Para
1.51|As part of on-going development of the Trustee Board a new
induction process was introduced in 2023.| 11 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## Reference and Administrative details |**Charity name**|Fountains Church Bradford CIO| |---|---| |**Other name the charity uses**|FCB, Fountains, Fountains Church, Fountains Church Bradford| |**Registered charity number**|1183423| |**Charity’s principal address**|Glydegate Square, Glydegate, BRADFORD, West Yorkshire, BD5 0BQ| |**Bankers**|CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent,
ME19 4JQ| ## **Names of the charity trustees who served the charity during the period ending 31 December 2025** ||**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of**
**person (or**
**body) entitled**
**to appoint**
**trustee (if any)**| |---|---|---|---|---| ||The Rt Revd Toby Matthew Howarth|Chair|Until May 2025|| |2|The Venerable Dr Andrew John
Jolley|Chair
Ex-Officio Trustee|15 May 2019|| |4|Reverend Linda Maslen|Church Leader|15 May 2019|| |5|Terry Henry|Vice-Chair|25 April 2021|| |7|Gareth John Medd||24 April 2022|| |6|Dr Oluwaseun Eniola Olabode||To 25thMay
2025|| |10|Reverend Christopher Enwerem|Associate Priest|January 2023|| |11|Shelby Pocock||14 May 2023|| |12|Reverend Sharon Bavington|Curate|August 2023|| |13|Reverend Leah Leighton|Associate Priest|June 2025|| |14|Joanna Naomi Douglas||25 April 2021|| |16|Dr Hendrika Jolley||14 May 2023|| |17|Laurence Crummay||25thMay 2025|| |18|Megan McCallum||25thMay 2025|| |19|Matthew Kehinde||25thMay 2025|| |20|Wuraola Olasupo||25thMay 2025|| – Corporate trustees names of the directors at the date the report was approved **Director name None** 12 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**None**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |**Funds held as custodian trustees on behalf of others**|| |---|---| |Description of the assets held in this capacity|Not applicable| |Name and objects of the charity on whose behalf the assets are held and how this
falls within the custodian charity’s objects|Not applicable| |Details of arrangements for safe custody and segregation of such assets from the
charity’s own assets|Not applicable| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**itional information (optional)**
**Names and addresses of advisers (Optional information)**|**itional information (optional)**
**Names and addresses of advisers (Optional information)**|**itional information (optional)**
**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser Name**
**Address**||| |**Legal**|AWB Charlesworth|City Hub, 9-11 Peckover Street, Bradford, BD1
5BD| |**Independent**
**Examiner**|Emma Wilson FCA|C/O Bailey Wilson Chartered Accountants, 15
Victoria Mews, Mill Field Road, Cottingley Business
Park, Bingley, BD16 1PY| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |Nyreen Johnson – Operations Manager||| Nyreen Johnson – Operations Manager 13 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **Not applicable** ## **Other optional information** **Not applicable** 14 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## Declarations ## **The trustees declare that they have approved the trustees’ report above** ## **Signed on behalf of the charity’s trustees** |**Signature**|_Andy Jolley_|_Andy Jolley_| |---|---|---| |**Full Name:**|Ven Dr Andy Jolley|| |**Position**
**(e.g. Secretary, Chair, etc)**||**Chair of Trustees**| |**Date 31st May 2026**||| |||| |**Signature**|_Terry Henry_|| |**Full name**|TerryHenry|| |**Position**
**(e.g. Secretary, Chair, etc)**||**Vice-chair of Trustees**| |**Date 31st May 2026**||| 15 of 15 FCB CIO 2025 Trustee Report - AGM 31[st] May 2026 ## **FOUNTAINS CHURCH BRADFORD** ## **ACCOUNTS** ## **FOR THE YEAR ENDED** **31 December 2025** ## **FOUNTAINS CHURCH BRADFORD** ## **INDEPENDENT EXAMINER'S REPORT - 2025** ## **Independent Examiner's report to the Trustees Council of Fountains Church Bradford** I report on the accounts of the Trust for the year ended 31 December 2025 which are set out on pages 3 and 4 together with the accounting policies and notes on pages 5 to 8. ## **Respective responsibilities of the Trustees and the Independent Examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to **:** - (i) examine the accounts under section 145 of the 2011 Act; - (ii) follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - (iii) state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 a full audit, and consequently I do not express an audit opinion on the accounts. ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: **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 2011 Act; or to prepare accounts which accord with the accounting records have not been met; **or** **2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Emma Wilson FCA BFP** 15 Victoria Mews Milfield Road Cottingley Business Park Bingley BD16 1PY ## **Date: 27th July 2026** Page 2 ## **FOUNTAINS CHURCH BRADFORD** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE PERIOD ENDED 31 DECEMBER 2025** |**Note**
**INCOMING RESOURCES**
Donations and grants
**2a**
Church activities
**2b**
Other incoming resources (investments, etc.)
**2c**
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Missionary & charitable donations
**3a**
Activities directly related to Church work
**3b**
Fund Raising & Publicity
**3c**
Staff costs
**3d**
Diocese & clergy
**3f**
**TOTAL RESOURCES USED**
**SURPLUS/ (DEFICIT) FOR THE YEAR**
**TRANSFER BETWEEN FUNDS**
**FUND BALANCES B/F AT 1 JANUARY**
**BALANCES C/F AT 31 DECEMBER**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
175,579
196,455
172,109
10,901
1,564
-
**349,252**
**207,356**
5,825
358
173,432
26,782
8,261
-
38,292
261,350
-
-
**225,809**
**288,490**
**123,443**
**(81,134)**
-
-
**123,443**
**(81,134)**
**107,979**
**103,334**
**231,422**
**22,200**|**2025**
**Total**
**£**
**372,034**
**183,010**
**1,564**
**556,608**
**6,183**
**200,213**
**8,261**
**299,642**
**-**
**514,299**
**42,309**
-
**42,309**
**211,313**
**253,622**|2024
Total
£
913,537
74,300
2,328
990,165
8,038
622,476
-
296,869
-
927,383
62,782
-
**62,782**
148,530
211,313| |---|---|---|---| The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 3 ## **FOUNTAINS CHURCH BRADFORD** ## **BALANCE SHEET AS AT 31 DECEMBER 2025** |**Note**
**FIXED ASSETS**
**5**
**CURRENT ASSETS**
Debtors & prepayments
**6**
Cash at bank and in hand
**Current Assets**
Sundry creditors & accruals
**7**
**NET CURRENT ASSETS / (LIABILITIES)**
**NET ASSETS / (LIABILITIES)**
**REPRESENTED BY:**
Unrestricted Funds
**8**
Restricted Funds
**8**
**TOTAL RESERVES**
**Signed:**
_Chair of Trustees_
_Treasurer_
**CURRENT LIABILITIES**
(amounts falling due within 1 year)|**2025**
**£**
**63,652**
**37,808**
**157,813**
**195,621**
**5,651**
**189,970**
**253,622**
**231,422**
**22,200**
**253,622**|**2024**
**£**
**70,724**
**30,759**
**134,202**
**164,961**
**24,372**
**140,589**
**211,313**
**107,979**
**103,334**
**211,313**| |---|---|---| ## **Date:** 26th July 2026 The accounting policies and notes on pages **5 to 8** form an integral part of these financial statements. Page 4 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **1. ACCOUNTING POLICIES** The Accounts (financial statements) have been prepared in accordance with the Church Accounting Regulations 2006, and in accordance with Accounting and Reporting by Charitie: Statement of Recommended Practice applicable to charities preparing their accounts in accorance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the Trustees' Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members. ## **Funds** - General Funds are not subject to any restrictions regarding their use and are available for application to the general purposes - Designated Funds are those monies which the Trustees have decided to allocate for particular purposes. They are also unrestricted in that the Trustees are free to re-designate them. - Restricted Funds are only available to be applied for the purposes for which they were given. ## **Incoming Resources** - Collections are recognised when received by or on behalf of the Trustees' Council. - Planned giving is recognised when received. - Income tax recoverable on donations eligible for Gift Aid & GASD is recognised when the donation has been received. - Grants and legacies are accounted for as soon as the Trustees are notified of legal entitlement. - Funds raised at social events are accounted for gross. - Income from cafe sales or from hire of accommodation are accounted for gross. - Hire income from the letting of church premises is recognised when the income is due. - Dividends and interest are accounted for when receivable and are received gross of tax. ## **Resources Used** - Grants and donations are accounted for when paid over, or when committed by the Trustees' Council. - The Diocesan & Circuit Share is accounted for when payable. ## **Gains and Losses on Investments** - Realised gains or losses are recognised when investments are sold. - Unrealised gains or losses are accounted for on revaluation of investments at 31 December 2025. ## **Fixed Assets** - Consecrated & beneficed property is excluded from the accounts in accordance with s.10(2)(a) & (c) of the Charities Act 2011. - No value is placed on movable church furnishings as the Trustees consider these to be inalienable property. - Expenditure incurred on repair and maintenance of the above assets is written off when incurred. Other items of equipment are capitalised, if over £2,500 individually, and are then depreciated over ten years, in equal annual instalments. - During the period, the depreciation method for fixed assets has been revised from 4 years to 10 years, this is effective from the 2025 period. ## **Current Assets** - Amounts owing to the Trustees' Council at 31 December 2025 in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectable. - Short-term deposits comprise accounts held with the Bank . ## **Restricted Funds** - The balance on restricted funds relates to grants received from St. Michael Belfry, which will be spent in the 2026 year Page 5 ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** |**2**
**INCOMING RESOURCES**
2(a) **Voluntary Income**
Donations and legacies
Non-profit income
Other primary income
Grants
Regular giving
Gift aid
Service income
2(b) **Activities for generating funds**
Wedding fees
Sales
2(c) **Income from investments**
Dividends and interest received
**TOTAL INCOMING RESOURCES**
**3**
**RESOURCES USED**
3(a) **Mission & Outreach - Donations & Costs**
Charitiable contributions
3(b) **Activities directly relating to the church**
Advertising
Accountancy fees
Bank charges
Building works
Computer costs
Cleaning
Church activites
Depreciation
Equipment
Evangelism and outreach
Furniture
Hospitality
Insurances
Motor vehicle costs
Office administration
Sundry costs
Phone costs
Printing, postage and stationery
Professional services
Rent
Repairs, maintenance and refurbishment
Subscriptions
Utilities
Travel and accomodation
Waste disposal
3(c) **Fund-raising and publicity**
Costs of social events
3(d) **Staff costs**
Salaries
Training
3(f) **Diocese & Clergy**
Parish Share
**TOTAL RESOURCES USED**
**NET INCOME / (DEFICIT)**|**Unrestricted**
**Restricted**
**Total**
**Total**
**General**
**2025**
2024
**Funds**
**Funds**
**£**
£
15,002
-
**15,002**
9,926
-
-
**-**
-
-
-
**-**
-
10,000
196,455
**206,455**
791,484
122,935
-
**122,935**
89,896
27,642
-
**27,642**
20,705
-
-
**-**
1,526
175,579
196,455
**372,034**
913,537
641
-
**641**
667
171,468
10,901
**182,369**
73,633
-
172,109
10,901
**183,010**
74,300
1,564
-
**1,564**
2,328
1,564
-
**1,564**
2,328
349,252
207,356
556,608
990,165
**Unrestricted**
**Restricted**
**Total**
**Total**
**General**
**2025**
2024
**Funds**
**Funds**
**£**
£
5,825
358
**6,183**
8,038
**5,825**
**358**
**6,183**
8,038
4,265
-
**4,265**
5,057
3,465
-
**3,465**
2,000
1,256
-
**1,256**
1,190
-
-
**-**
451,591
1,289
-
**1,289**
4,448
19,413
-
**19,413**
8,479
9,548
-
**9,548**
9,724
7,072
-
**7,072**
-
1,564
-
**1,564**
1,139
791
-
**791**
119
794
-
**794**
1,409
21,980
-
**21,980**
25,805
880
-
**880**
735
-
-
**-**
-
970
-
**970**
289
879
-
**879**
2,467
1,462
-
**1,462**
1,084
675
-
**675**
23
3,053
-
**3,053**
1,800
-
13,512
**13,512**
12,960
23,835
-
**23,835**
6,675
6,480
-
**6,480**
6,891
56,766
13,270
**70,036**
70,957
3,721
-
**3,721**
4,449
3,271
-
**3,271**
3,185
**173,432**
26,782
**200,213**
622,476
**Unrestricted**
**Restricted**
**General**
**2025**
2024
**Funds**
**Funds**
**£**
£
8,261
-
**8,261**
-
**8,261**
**-**
**8,261**
-
34,521
261,350
**295,871**
293,737
3,771
-
**3,771**
3,132
**38,292**
**261,350**
**299,642**
296,869
-
-
**-**
-
**-**
**-**
**-**
-
**225,809**
**288,490**
**514,299**
927,383
**123,443**
**(81,134)**
**42,309**
**62,782**| |---|---| Page 6 **FOUNTAINS CHURCH BRADFORD** **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## 4 **WAGES AND SALARIES** The average number of persons employed or engaged during the period amounted to 21 (2024: 18) The aggregate payroll costs incurred in the period were: |Wages and salaries
Social security costs
Pension costs
**5 TANGIBLE FIXED ASSETS**
**Cost:**
At 1 January 2025
Additions
Disposals
At 31 December 2025
**Accumulated depreciation:**
At 1 January 2025
Charge for year
On disposals
At 31 December 2025
**Net book amount at 31 December 2025**
Net book amount at 31 December 2024
**6 DEBTORS**
Debtors
Prepayments
**7 LIABILITIES : AMOUNTS DUE WITHIN ONE YEAR**
Tax and other social security
Pension payable
Accruals|**2025**
**2024**
266,531
267,113
14,516
10,968
14,824
15,656
**295,871**
**293,737**
**Fixtures &**
**Fittings Total**
70,724
70,724
-
-
-
-
70,724
70,724
-
-
7,072
7,072
-
-
7,072
7,072
**63,652**
**63,652**
70,724
**2025**
2024
**35,058**
16,915
**2,750**
13,844
**37,808**
30,759
**2025**
2024
**3,448**
4,541
**342**
6,332
**1,862**
13,500
**5,651**
24,372| |---|---| ## **8 ANALYSIS OF CHARITABLE FUNDS** ||At 01/01/25|Income||Expenditure|At 31/12/25| |---|---|---|---|---|---| |**Unrestricted funds**|||||| |General funds|107,979|349,252|-|225,809
|231,422| |**Restricted funds**|||||| |Restricted funds|103,334|207,356|-|288,490
|22,200| |**Breakdown of restricted funds**|||||| |St Michael Belfrey|||||22,200| ## **9 RELATED PARTY TRANSACTIONS** ## **Payments to Trustees** Laurence Crummay, Trustee (appointed 25th May 2025), has undertaken work for the charity on an arms length basis under his business name of Double Click IT. During the period under review, the following amounts were made for IT services of 2025: £1,018, (2024: nil) No other payments were made in the period. ## **FOUNTAINS CHURCH BRADFORD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **9 DESIGNATED AND RESTRICTED FUNDS** **----- Start of picture text -----**
Total for 1UR Total for 1UR SDF FCB Rental
1UR Fountains Fountains 1UR GK 1UR GK - To GK 1UR Weekend 1UR Wrestling 1UR Wrestling Total for 1UR 2R Acts465 DI Drop In - to Total for 2R SDF FCB Running SDF FCB 2R Youth & Total for 2R 2R SDF FCB Payments -
1UR Events 1UR Unrestricted Church Family meal Church Unrestricted Allocate Unrestricted Away Church Pro Unrestricted Grants allocate Drop In Building Works Costs Salaries Mission Restricted DBF Rent Events RB Not specified Total
Income
2(a) Voluntary Income - 1,685.89 150,445.57 - 150,445.57 - - - - - - 152,131.46 - - - - - - - - - - - - 152,131.46
2(b) Activities for Generating Funds 56,970.67 23,448.55 53,434.97 258.00 53,692.97 - - - - - - 77,141.52 - - - - - - - - - - 11,948.30 - 146,060.49
2(c) Other Income 5,553.34 1,054.60 14,674.44 - 14,674.44 - - - 2,175.75 4,215.19 80.00 22,199.98 - - - - 4,476.00 - - 10,900.86 - - - - 38,654.18
2(d) Church Activities - - 725.50 - 725.50 - - - 110.00 - - 835.50 - - - - - - - - - - - - 835.50
2(e) Grant Income - - 5,000.00 - 5,000.00 5,000.00 - 5,000.00 - - - 10,000.00 350.00 950.00 950.00 6,756.04 16,647.61 63,242.54 2,200.00 196,104.78 - - - - 206,454.78
Total for Income 62,524.01 26,189.04 224,280.48 258.00 224,538.48 5,000.00 - 5,000.00 2,285.75 4,215.19 80.00 262,308.46 350.00 950.00 950.00 6,756.04 21,123.61 63,242.54 2,200.00 207,005.64 - - 11,948.30 - 544,136.41
Cost of Sales
Cost of sales 3,266.40 - 552.55 - 552.55 - - - - - - 552.55 - - - - - - - - - - - - 3,818.95
Total for Cost of Sales 3,266.40 - 552.55 - 552.55 - - - - - - 552.55 - - - - - - - - - - - - 3,818.95
Total 59,257.61 26,189.04 223,727.93 258.00 223,985.93 5,000.00 - 5,000.00 2,285.75 4,215.19 80.00 261,755.91 350.00 950.00 950.00 6,756.04 21,123.61 63,242.54 2,200.00 207,005.64 - - 11,948.30 - 540,317.46
Expenditures
3(a) Church Activities 7,383.89 1,681.31 24,582.57 494.73 25,077.30 - - - 4,558.87 4,606.93 110.00 36,034.41 - - - - - - - - 13,512.00 46.66 - - 56,976.96
3(b) Core running costs 2,429.86 940.38 123,364.25 609.00 123,973.25 - - - 25.00 1,137.63 - 126,076.26 - - - - 13,269.00 - - 13,269.00 - - - - 141,775.12
3(c) Raising Funds 1,000.00 - - 23.94 - - 23.94 - - - - - - - 23.94 - - - - - - - - - - - - 976.06
3(e) Payroll Expenses - Non-clergy 20.00 5,388.17 - - - - - - - - - 5,388.17 - - - - - - - 7,973.42 - - - 282,489.20 295,870.79
3(f) Diocese & Clergy - - 11,517.50 14,119.28 - 14,119.28 - - - - - - 2,601.78 - - - - - - - - - - - - 2,601.78
Payroll Expenses - 20.00 - - - - - - - - - - - - - - - - - - - 8,740.02 - - - 8,760.02 -
Total for Expenditures 10,813.75 - 3,507.64 167,067.16 1,103.73 168,170.89 - 800.00 800.00 4,583.87 5,744.56 110.00 175,901.68 358.00 - - - 13,269.00 - - 12,502.40 13,512.00 46.66 - 291,249.22 504,383.71
Net Operating Income 48,443.86 29,696.68 56,660.77 - 845.73 55,815.04 5,000.00 - 800.00 4,200.00 - 2,298.12 - 1,529.37 - 30.00 85,854.23 - 8.00 950.00 950.00 6,756.04 7,854.61 63,242.54 2,200.00 194,503.24 - 13,512.00 - 46.66 11,948.30 - 291,249.22 35,933.75
Other Expenditures - 7,072.41 - - - - - - - - - 7,072.41 - - - - - - - - - - - - 7,072.41
Net Other Income - - 7,072.41 - - - - - - - - - - 7,072.41 - - - - - - - - - - - - - 7,072.41
Net Income/(Expenditure) 48,443.86 22,624.27 56,660.77 - 845.73 55,815.04 5,000.00 - 800.00 4,200.00 - 2,298.12 - 1,529.37 - 30.00 78,781.82 - 8.00 950.00 950.00 6,756.04 7,854.61 63,242.54 2,200.00 194,503.24 - 13,512.00 - 46.66 11,948.30 - 291,249.22 28,861.34
**----- End of picture text -----**
## **FOUNTAINS CHURCH BRADFORD INDEPENDENT EXAMINER'S REPORT – 2025** ## **Independent Examiner's report to the Trustees Council of Fountains Church Bradford** I report on the accounts of the Trust for the year ended 31 December 2025 which are set out on pages 3 and 4 together with the accounting policies and notes on pages 5 to 8. ## **Respective responsibilities of the Trustees and the Independent Examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to **:** (i) examine the accounts under section 145 of the 2011 Act; (ii) follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and (iii) state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 a full audit, and consequently I do not express an audit opinion on the accounts. ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: **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 2011 Act; or to prepare accounts which accord with the accounting records have not been met; **or** **2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Emma Wilson FCA BFP** 15 Victoria Mews Cottingley Business Park Bingley BD16 1PY **Date: 27th July 2026**