THE INASMUCH TRUST Cty No1186258 Annual Report and Flnanclal Slalernenls For the year eed 31 December 2025
The Inasmuch Trust C¢Mtents Page ReferenGe and Administrative c118 Twslees, Report Independent Exarniners Report Receipts and Paym8nls Accovnt Slaletnent of Assets and abiIrts Notes lo the Accounts
The Inasmuch Trust Reference and Admlnlstratfve Detalls Charlty Nam¢ The Inasmuch Trust ¢harfly Registration Number 1186258 Registered and Admlnlstrativfr Office 8 Belmonl Hill London SE13 5BD Trustees Rhard Gatti Adrian Greenwoc%J Peter lthng Secr¢tary Judi Feasey Solicltors Sok)mon Taylor & Shaw 3 Coach House Ywd Hampstead High Street London NW31QF Bankers Reliance Bank Ltd Faith Hrjjse 2>24 Loval Lat Lcfidon EC3R 8EB Indopendent &aminerd Field Sulllvan 9 He and 8illet Road Blackheath Lcffldon SE3 ORB Page I
R¢port ofthe Tru¥tee$ lorthe yrlod endlng 31 December 2025 The Trustees presenl IheiT annual report and flnancial slalernents of the charity lor the year ending 31 Drnber 2025. The linanaal slalernents have been prepared in accordance with lh8 Telev8nl accounting Folicies and Charits'es Act 2011 Section132. Objectlvos and Actlvltles The objects of the trust are to.. Rdieve Sickness, old ag8 and poverty, il. To advanc the Christian failh by bul nDI Ilmtted to, Ihe provlsion ol hornes, refuge5, rest homes and community homes primari5y bul nol exclusively fly retsred Christian w0erS and persons in need, engaged In Chrisllan Tninlslry or in Iiaining fc Chtistian ministy and Christian bvork. The CIO has ership offy propetfies in South East L(don. Both properties were 0mpAI by a foundlrvj Trustee, Beryl Woodley of the fom)er Trust. The rents receSved froTh these properties are used as an outthritking of the oleclives and for furtherance of the objects. The CIO does not engage in aclive fundraising. The rent on both prorkrties is subslanlially bdow that of a market levd rent. From 2019 33.33% of one ol thè proFerbes was sokl lo the lenanl on a shared ownership basis. Durlng the year grants were Issued to suppjrt rent payments of Christian w0er$ lo the value of £15.596, which was a signrficant increase from previous years. This was mainly due lo special grant of £8,307 to meel a particular unusual ne. Grant appIatnS are considered aTrJ ed bylhe Trustee5. Structurn, Governance and Management Tr organisation was incorporal&l on 11 November 2019 28 a Chaiitsble Incorporated Organisallon to replace the unincofporaled Trust of the same narne. The current Trusleos were all appointed In November 2019 and giv8 theli lime freely and no Tru5t8è remuneration w&8 paid. Trustees are changed when required on the retirement ol a Trustee. Twslees me81 formedy Or a year. bul communicate regularfy via electron formal lo make decisions on the CIO activities during the year. Administration ol Ihe CIO and management of the properties and lenanls is carried out by (he Secretary as part of her duties as the Operations Manager of Mbsion Housing Ltd. No management fe& or remuneration is pad lor Ihis time, which is o)nsidered as a grft by Mission Housing to The Inasmuch Trust, Risk Managennt The Tnjslees are aware ol the major risks lo which the CIO is exposed. Trse include the calaslrophic loss or damage lo a prortY or a long-lewn VOMI. Refurbishfflenl of both proFerties has been undertaken in recenl years lo minirnlse major maintenance in Ihe next few years, Rent levels currently more than cover the regular Maintente costs, even though they are al a low level. Page 2
Rep)rt of the TNstees for the period ending 31 Decembgr2025. ¢ontinued ReseNèS Pollcy Reserves are maintained lo wver work lo the prop8rties and no major exFenditure is maje to thè properties without the careful ctsnsid8ralion of Ihe Trustees. Survey5 are urthrtaken on a qUqnn1 basis lo pul IL¥JelheT a ptanned maintenance programrne to ensure there are suffKienl reseNes. th properties are aso vlsrtsd annually. During the year a separate inlefesl bearing account was opened up in whh lo pla reserves. Current and Futur• Plans The Trusl 15 looking lo work abngslde Misslon Housing Lld and the grants are provkled to Ihjse who need in SUprt meeting rent payments and who meet the objects ofthe TnJsl.11 Indudes Ih05e who appty lo Mission Housing and only need rent supp)rt or the deposit lor a proFerty. This can be as a OnPwoff payment DT regular smaller sums for a sel peri(Md. The Twstees will also consider other aclivNies that culd tenefilfrorn grants in keeping wilh the objects b8ing tnindful ol the changing financid silualhjn. Truslae$' respon81bllltle¥ In relatlon to the financial Jlatem8nts The Ttustees are responsible for preparing the Trustees, ReFrt and the financial statements in aCCordce th the appIable law and United Kingdom Accounting Standards. The Trustees are iesponsible lor keeping accounting records ¥wlh disclose with reasonable aCcUrY the financial posilDn of the CIO. The Truslees are responsible for safeguarding the assets of the charity and taking r8a50nable stsp51o wevenl and delect fra and other irregularities. In accordance with The Chanlies Act 2011 Section 14S the accounts have been indepeThdenlly axamIn. 11 Shou be noted that all three Tnjslees are also Directors of Mlssion Hou51ro Limited. Approved by the TTUStees and sMJned on Ihelr behaff by.. A Gr8en Trustee Date: 2 Page 3
INDEPENDENT EXAIIINER'S UNQUAUFIED REPORT CIO {ACCOUNfS PREPARED ON A RECEIPTS AND PAYMEP4TS BASIS) Independent Examinerfs Report to the Trustees of Inasmuch Twst I report to the trustees on my examination of the accounts of Inasmuch Trust I'the charl) for the year endin8 31 December 2025 whlch comprise the summary of receipts and payments and the statement of assets and liabilhles. Thi5 reportis made solely tothe charity's trustees, as a body, In accordancewlth settion 145 of the Charltle5 Act 2011. My work has been undertaken so that I might state to the charitvs trustees those matters l am required to state to them In thls report and for no other pvrptsse. To the fullest extent permitted by law, I do not accept or assume responslbility to anyone other than the charity and the charrtrfs trustees as a body, for my work, for this report, or forthe opinlons I have formed. Re5pongbllltSes and basls of report As the trustees of the charity you are responslble for the preparatlon of the accounts In accordance wlth thè requiremenis of the Charitles Act 20111'the Aci'l. I report in respect of my examination ofthe charitvs accounts carrled out undersettion 145 of the Act and In carrying out my examination I have followed all the applicable Directions glven by the Charfity Commission under sectlon 14515llbl of the Act. An independent examlnation does not involve gathering all the evidence thatwould be reqvired in an audlt and Consequently does not Cover all the matters that an audltor consider5 in giving their opinion on the accounts. The planninÉ and conduct of an audlt goes beyond the limited Ossurance that an independent èxamination can provide. Consequently l express no audit opinion on the accounts and my report Is limSted to those specific maiters set out in the independent examinerfs statement. Independent examlnerf5 Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examlnation 8ivlng me cause to belleve that in any material respect.. accounting records were not kept in respect of the charitv as required by section 130 of the Act,. or the account5 do not accord with those records. I have no concerns and have Come across no other matters In connertion wlth the examlnatlon to whlch attentloll Should be drawn Sn this report In order to enable a proper understandinB of the accounts to be reached. Timothy llIvan FCA Fiekl Sullivan Limited 9 Hare & Billet Road, aCkhealh, SE3 ORB Page4
The Inasmuch Trust CIO Statement ot Receipts and Payments for Year Ended 31 December 2025 Vnre51ricted Restricted Funds Funds Note Total 2025 Total 2024 Recelpts Rents Received Glft in Kind Bank Interest 16,488 1,000 16,488 1.000 16,488 1,000 Totsl Receipts 17,488 17.488 17,488 Payments Property Maintenance Buildin8 Insurance Bank Charges Grants Admlnlstration Professional Fee5 255 544 107 15,597 1,000 2,928 20,431 255 544 107 15.597 I,0( 2,928 20,431 252 527 103 4.757 1.000 1,200 7,839 Total Payments Excess of receipts over payments Transfer Cash at bank 31.12.24 surplu5/deficit this year Cash at bank 31,12.25 -2.943 -2,943 9,649 67,562 -2,943 64,619 67,562 -2,943 64,619 57,913 9,649 67,562 Signed on behalf of the Trustees on Adrian Greenwood Peter Klng Page 5
Inasrnuch Trust Statement of A55Ets and Llabilities for Year Ended 31 December 2025 Z025 Totsl Atl Unrestrlcted No 2024 Total All UnTtstrl¢ted Bank 8313nces Bank Current Account 64.619 64,619 67.562 67.562 Fixed Assets As at l January 2025 Aevaulatign Disposè As at 31 December 2025 1.17B,355 186,445 1,178.35S 1,364.800 1,178,355 N•1 Bookval As at l J3nuary 2025 As at 3L December 2025 1.178.355 1364,8tM) 1,178.355 1,178,355 Debtors Prepayments 254 264 Credltor5 A£crua15 1,296 1,248 Nolet•the Finantlal siatementsfor the year ended 31 DEEember 2025 Relaied PortyTr4nsathons None l. Adminlstration of the Trust is carried out bythe Secretary as part of her duties a5 the Operations ManaEer of Mission Housing. Thls is an estimated £1,000 and is Considefed Gift by Mlssion HouslnE to the Trust. 2. Properties were revalued in June 202S and the addStlonal value was noted. Properties wfjll be valued on a quinquennial basis Page 6