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2025-12-31-accounts

REGISTERED COMPANY NUMBER: CE020732 (England and Wales) REGISTERED CHARITY NUMBER: 1188003

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

WHYTELEAFE FREE CHURCH

Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB

WHYTELEAFE FREE CHURCH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 18
Detailed Statement of Financial Activities 19 to 20

WHYTELEAFE FREE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

The trustees who are also directors of the charity for the purposes of company law, present their report with the financial statements of the charity for the year ended 31st December 2025. The financial statements comply with the Charities Act 2011, the Companies Act 2006 and the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; FRS 102) issued in October 2019.

OBJECTIVES AND ACTIVITIES

Objectives

The formal object of the CIO is the advancement of the Christian faith for the public benefit. We are a friendly, multicultural evangelical church in Whyteleafe, Surrey. Our vision is to share the good news of Jesus Christ with our community, in word or deed, as we have opportunity. This flows out of our vision statement to be like Jesus, outworking His commission in small-group discipleship. Our website contains information, news and a calendar of events.

In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit.

The services and pastoral meetings organised by the Church are disclosed below.

Worship and Prayer

Our church continues to thrive with many groups. There are weekly services and teaching for all ages, with crèche, children's and youth work. There have been a number of people who have come along to visit the church on a Sunday morning or for another group, and some of these have stayed. For three months (August, September and October) the church was closed due to the refurbishment of the Hall. We met with Montpelier Church in Purley Oaks during August, which was a wonderful time to help them out over the summer month and extend our fellowship with them. We then hired the Cafe small hall at Whyteleafe Recreation Ground for September and October, making new contacts in the process. It turned out to be a pleasant and lively experience despite the smaller/cosier room.

A "You Tube" link enables those who find it difficult, or who are unable to come to the building, to watch the service "live". The sermon is also recorded and available to listen to later.

The Sunday morning preaching has included series about Living a Life of Abundance, looking at how the Bible shows this to be the way of life for a Christian, even when going through trials, The Beatitudes and the book of Ruth. These sessions have been well received. Chris and Ernest have joined those who regularly preach.

It was a great joy to baptise 4 people in May. We look to the Lord for when the next baptism will be.

The music team has a committed core of players/singers and a number of others who come when they can. New regular worship singers and players have been added to our numbers this year [2025] and we look to the Lord to show us how to move forward in including others. We would like to thank them for their dedicated service and faithfulness. Our great thanks also go to the Technical team.

The Breakthrough meetings on the last Sunday evening of each month (up to when the church was closed during the refurbishment) were a time to worship together, trust God and step out in faith, overcoming hurdles to launch us forward in our discipleship. Various subjects have been taught.

Prayer meetings for church, local and national needs have been held weekly on Zoom from 9.30-9.45am on a Sunday before church and 7.45pm in the evening. Other prayer times are held within the different groups meeting each week. An online missionary prayer meeting was held once a month, involving people Zooming in from other nations. Where possible, we pray for those working abroad during an occasional focus on one or other of them in a Sunday service, and others come to share in person. A day of prayer and fasting was held in March 2025 and others will follow.

The children's work has been affected by constant fluctuating numbers attending. Joan has been active in setting out activities for the children to quietly do during the Sunday service, but there is no Sunday club at present. The lunchtime/after School Bible study on a Wednesday has the young children looked after, while the Mums get an hour 'off' to read and study the Bible. They have been working through The Bible Course by the Bible Society on YouTube. The Caterham district Way of the Spirit Revival Training Centre meet in the hall on the first Saturday of each month providing an opportunity for training, equipping and fellowship. The Church hall is used by a local Guiding group on a Tuesday and this will continue in 2026. This has extended our reach into the local community.

We thank all who contribute financially to the church. We would like to encourage everyone to consider before God what their giving should be in the days to come. There is much work to be done, and we need to keep in step with the Holy Spirit and any demands He makes on our resources.

Page 1

WHYTELEAFE FREE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

OBJECTIVES AND ACTIVITIES Fabric of Church and Hall

The church hall roof has been renewed. The hall redecorated. A new very effective boiler and radiators installed. More electric sockets put in and the wiring renewed. A dishwasher was installed in the kitchen. The "Hut" [lower hall] had its outside walls re-rendered while the site was closed. All this work was funded mainly by the surplus built up over last few years. There is very little of the surplus left.

The trustees are grateful for the help of members and attendees who use their skills to maintain the site. When required professional workers are employed.

Pastoral Care

We thank Alan for his contribution to the life of the church and for his advice, support and help to the Elders. In August, we invited him to become an Elder with us, and be welcomed into the membership of this church. His hours increased to 75 (from 60) per month from September 2025.

The Ladies Bible Study on a Friday morning led by Gerrie has been continuing strongly on, with the added spur of serving The Bridge lunch club. As well as their weekly Bible study they can be often seen serving refreshments after church, and they do other practical tasks like gardening, or clearing and tidying. We are very grateful to them and honour them for their heart and quiet service.

The Men's Bible Study on a Wednesday morning, and the Men's Breakfasts on a monthly basis on a Saturday morning, have fostered a warm harmony and sense of belonging for all who go and enjoy these meetings. Deep discussion and laughter are always part of them.

The Gideon's Army meeting was an opportunity to be stretched in various Christian disciplines through teaching and workshops. Homework was given and opportunities created to work out things learned. The principle of how the little can affect the whole. The group met monthly at 7.30pm on Wednesdays at the church until the church closure in August 2025.

Thisari's Wednesday evening Zoom Bible study has been increasing in numbers week by week and we're delighted to see the thirst people have for learning how to live in a way inspired by the Bible. A study series from the gospel of John will continue further, focusing on discipleship. The group is open to men, women and newcomers.

Page 2

WHYTELEAFE FREE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

OBJECTIVES AND ACTIVITIES

Mission and Evangelism

Living Waters meets every 2nd Saturday of every month from 2-5pm and is intended for those outside as well as inside the church. The group has been looking at the subjects of wholeness and wellbeing while building up healthy relationships with each other. Chris and Tembi ran a successful couple of meetings called Building Lasting Relationships. Thisari and Alan are jointly planning theses sessions. Many have contributed to make the sessions interesting, meaningful, fun and educational.

The Youth work was generally well attended on a Sunday morning and there is also a Friday evening Club night get together for food, games, devotions at the Church at 6.30pm. Although numbers can fluctuate, this has been a very good group, especially during the first half of the year. The Summer barbecue, swelled by extras, hosted 45 people! We praise God for all He is doing in and through this group and the way the young people are being trained and equipped by the teachers and helpers. Many thanks to the parents for their unwavering support.

An International Food Evening in February proved popular and we hope to follow this up with other social occasions for the church where those not regularly attending can join in a relaxed way.

The Bridge Lunch Club was so called for the church to be a bridge to the community and to reach people for Jesus. It arose out of some hospitality teaching in 2024 and is an outworking of that principle where people need to be fed while hungry, accepted when rejected and made welcome when they feel lonely.

It began at the end of April 2025 and has continued for the last 8 months. Part of that time at St Luke's. We have had an average of about 20 people each week and have probably cooked over 600 meals in that time, together with dessert, teas and coffees. There is a " staff" group of about 10 people, who cook, clean, set up and down, including local councillor Deano Cline. Although the meals are free, people are given the opportunity to contribute and some weeks this has raised £80+.

We normally start at 1pm with a quiz and lunch is served around 1.30pm, followed by dessert. This is all finished by about 2.30 and we then have some other form of activity or entertainment.

Importantly, we have had some come to our Sunday services and gradually some are becoming more interested in Jesus. God has been so good to us in providing food, finances and volunteers and we are becoming more known in the community.

Helping those in need is a demonstration of our faith, the trustees allocate 15% of donated income, 12% to the Mission Fund and 3% to the Local Needs Fund. Grants from the Mission Fund for the year are detailed in Note 7.

The Church website www.whyteleafefreechurch.org.uk and YouTube has information about the church and its activities. These are updated frequently. Sermons, live worship and event details are published both for members and non-members consulting the site.

Ecumenial Relationships

Churches Together in Caterham meet in different churches, praying together faithfully each Wednesday morning and holding occasional special events. Several from our church represent us at these events and once a year lead them for a month. In June our church hosted these times together and more from our church came as a result, which was encouraging.

FINANCIAL REVIEW

Financial position

The result for the year was a deficit of £47,228 (2024 surplus of £24,412). This arose due to the major roof refurbishment undertaken in the year costing £103,714. This expenditure exhausted the restricted fund set up to help pay for this and £75,701 had to be funded by the general funds of the Church. Excluding this exceptional expenditure, there was a surplus of £56,486. The trustees consider this a satisfactory result for the year.Total receipts on unrestricted funds were £71,469 (2024 £86,718) of which £31,021 (2024 £29,642) was income from investments, mostly from properties let out by the Church. HMRC has honoured all the gift aid claims made since the inception of WFC CIO. The cumulative figure received from HMRC was £7,639.81 which gave significant boost to the Charities income.

Total funds carried forward now total £1,094,994 (2024 £1,142,222), being all unrestricted (2024 £1,086,102 with £31,708 restricted).

Page 3

WHYTELEAFE FREE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

FINANCIAL REVIEW

Reserves policy

It is the trustee's policy to maintain a balance on unrestricted funds which equates to at least six months' unrestricted payments, equivalent to about £37,613.50 (2024: £31,153), to cover emergency that may arise from time to time. The current balance on unrestricted funds cover this amount comprehensively.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Whyteleafe Free Church commenced operations as a charitable incorporated organisation (CIO) on 1 January 2021. The CIO took over all the liabilities and reserves of United Free Church, Whyteleafe, Surrey, registered charity number 234218. The CIO is a legal entity and can enter into contracts in its own right. It holds property in its own name and as a separate legal entity, the members and trustees will normally be protected from becoming personally liable for any liabilities incurred by the CIO.

Organisational structure

Trustees are responsible for running the charity as required by legislation from the Charity Commissioners.

Elders have continued to lead the spiritual side of the Church, services, meetings and other events. Four Elders were commissioned on 12 September 2021 and three continue to hold office: Thisari Tennakoon (also trustee), Juliet Kilpatrick (former trustee), Richard Butts (former trustee). The trustees are responsible for making policy, business and administrative decisions.

All trustees and elders are expected to take courses about their roles and also training with regard to safeguarding.

Decision making

Originally a Congregational Church many years ago, all members of the church can vote on general matters but the Board of Trustees are responsible for making decisions on all matters of general concern and importance to the church including deciding on how the funds of the church are to be spent

Statement as to Regard to Guidance from the Charity Commission

The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to guidance issued by The Charity Commission for England and Wales in pursuance of its public benefit objective.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

CE020732 (England and Wales)

Registered Charity number

1188003

Registered office

157a Godstone Road Whyteleafe Surrey CR3 0EH

Trustees

A G Cross B K Gallet L M Webb (resigned 30.11.2025) M T S Tennakoon B Attwell (appointed 17.5.2026) E Y Asante (appointed 29.6.2025)

Page 4

WHYTELEAFE FREE CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Whyteleafe Free Church for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on ...... 27th June 2026....................................... and signed on its behalf by:

.. .. .. ........................................ Anthony G Cross..

A G Cross - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHYTELEAFE FREE CHURCH

Independent examiner's report to the trustees of Whyteleafe Free Church ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Isobel Currie FCA

Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB

27/06/2026 Date: .............................................

Page 6

WHYTELEAFE FREE CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Church activities
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
16
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
£
38,253
1,775
31,021
420
71,469
7,096
45,387
52,483
37,500
56,486
(75,071)
(18,585)
1,113,579
1,094,994
Restricted
funds
£
-
-
-
-
-
-
103,714
103,714
-
(103,714)
75,071
(28,643)
28,643
-
2025
Total
funds
£
38,253
1,775
31,021
420
71,469
7,096
149,101
156,197
37,500
(47,228)
-
(47,228)
1,142,222
1,094,994
2024
Total
funds
£
55,111
1,690
29,642
275
86,718
6,135
56,171
62,306
-
24,412
-
24,412
1,117,810
1,142,222

The notes form part of these financial statements

Page 7

WHYTELEAFE FREE CHURCH

BALANCE SHEET 31ST DECEMBER 2025

Notes
FIXED ASSETS
Tangible assets
11
Investment property
12
CURRENT ASSETS
Debtors
13
Investments
14
Cash at bank
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
funds
£
290,000
772,500
1,062,500
8,911
-
28,519
37,430
(4,936)
32,494
1,094,994
1,094,994
Restricted
funds
£
-
-
-
-
-
80,970
80,970
(80,970)
-
-
-
2025
Total
funds
£
290,000
772,500
1,062,500
8,911
-
109,489
118,400
(85,906)
32,494
1,094,994
1,094,994
1,094,994
-
1,094,994
2024
Total
funds
£
290,000
735,000
1,025,000
8,909
30,311
86,559
125,779
(8,557)
117,222
1,142,222
1,142,222
1,113,579
28,643
1,142,222

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 8

WHYTELEAFE FREE CHURCH

BALANCE SHEET - continued 31ST DECEMBER 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ..........27th June 2026................................... and were signed on its behalf by:

..... Anthony G Cross..... ....................................

A G Cross - Trustee

The notes form part of these financial statements

Page 9

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

The property held for the charity's own use is included at the value assigned to it on transfer from the predecessor trust. The property comprises freehold land and buildings. Freehold land is not depreciated and the trustees believe that the net residual value of the buildings is at least as much as the value given when the charity acquired the property. Therefore no depreciation need be provided. The trustees intend to obtain professional valuations for the properties every few years with a maximum between valuations of 5 years.

Other assets are capitalised if they can be used for more than one year and cost at least £1,000.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 10

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

2. DONATIONS AND LEGACIES
2025 2024
£ £
Donations 37,976 39,949
Gift aid 277 2,017
Legacies - 13,145
38,253 55,111
3. OTHER TRADING ACTIVITIES
2025 2024
£ £
Hall hire 1,775 1,690
4. INVESTMENT INCOME
2025 2024
£ £
Rents received 26,147 26,781
Interest 4,874 2,861
31,021 29,642
5. RAISING FUNDS
Investment management costs
2025 2024
£ £
Maintenance 153 -
Rental property insurance 987 576
Investors' share 5,956 5,559
7,096 6,135
6. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
£ £ £ £
Church activities 3,138 2,520 143,443 149,101

continued...

Page 11

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

7.
GRANTS PAYABLE
2025
£
Church activities
2,520
The total grants paid to institutions during the year was as follows:
2025
£
Agape
1,020
International Needs
1,500
Whyteleafe Community Hub
-
Mission Aviation Fellowship
-
Jainager Trust
-
Campus Crusade for Christ
-
2,520
The total grants paid to individuals during the year was as follows:
2025
£
Local individuals
-
Mission work by individuals
-
-
8.
SUPPORT COSTS
Governance
Management
costs
£
£
Church activities
142,723
720
Support costs, included in the above, are as follows:
2025
Church
activities
£
Treasurer
3,900
Administrator
6,244
Minister
18,111
Maintenance of the fabric of the church
105,410
Light, heat and water
3,652
Telephone
316
Insurance
1,394
Sundries
402
Computer and website
240
Cleaning and kitchen
3,054
Independent examiner
720
143,443
2024
£
7,370
2024
£
1,020
2,170
300
670
670
500
5,330
2024
£
700
1,340
2,040
Totals
£
143,443
2024
Total
activities
£
3,600
5,272
17,766
5,561
3,421
390
1,902
1,273
435
3,265
700
43,585

continued...

Page 12

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024.

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
ACTIVITIES
Unrestricted
funds
£
55,111
1,690
29,642
275
86,718
6,135
55,593
61,728
24,990
2,487
27,477
1,086,102
1,113,579
Restricted
funds
£
-
-
-
-
-
-
578
578
(578)
(2,487)
(3,065)
31,708
28,643
Total
funds
£
55,111
1,690
29,642
275
86,718
6,135
56,171
62,306
24,412
-
24,412
1,117,810
1,142,222

continued...

Page 13

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

11. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
COST OR VALUATION
At 1st January 2025 and
31st December 2025
NET BOOK VALUE
At 31st December 2025
At 31st December 2024
Cost or valuation at 31st December 2025 is represented by:
Cost
Freehold
property
£
290,000
290,000
290,000
Freehold
property
£
290,000

All freehold properties were brought in from Whtyeleafe United Free Church on 11th January 2021. Cost is taken to be the value assigned to the assets on that transfer. Properties held purely for rental income are shown as investment properties.

12. INVESTMENT PROPERTY

INVESTMENT PROPERTY
FAIR VALUE
At 1st January 2025
Revaluation
At 31st December 2025
NET BOOK VALUE
At 31st December 2025
At 31st December 2024
Fair value at 31st December 2025 is represented by:
Valuation in 2022
Valuation in 2025
Cost
£
735,000
37,500
772,500
772,500
735,000
£
150,787
37,500
584,213
772,500

There are two properties held for rental, one of which is wholly owned. The property purchased in 2021 is 70% owned and was purchased from the pastor on his retirement.

continued...

Page 14

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Gift aid
Prepayments and accrued income
14.
CURRENT ASSET INVESTMENTS
1 year charity bond
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Grants payable
Accruals and deferred income
16.
MOVEMENT IN FUNDS
Net
movement
At 1.1.25
in funds
£
£
Unrestricted funds
General fund
1,109,920
59,006
Designated bible fund
1,125
-
Designated local needs fund
2,533
-
Designated mission fund
1
(2,520)
1,113,579
56,486
Restricted funds
Refurbishment
28,643
(103,714)
TOTAL FUNDS
1,142,222
(47,228)

Page 15

continued...

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated mission fund
Restricted funds
Refurbishment
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated bible fund
Designated local needs fund
Designated mission fund
Restricted funds
Bible
Local Needs
Refurbishment
TOTAL FUNDS
Incoming
resources
£
71,469
-
71,469
-
71,469
At 1.1.24
£
1,086,102
-
-
-
1,086,102
1,125
1,940
28,643
31,708
1,117,810
Resources
expended
£
(49,963)
(2,520)
(52,483)
(103,714)
(156,197)
Net
movement
in funds
£
32,360
-
(1,000)
(6,370)
24,990
-
-
(578)
(578)
24,412
Gains and
losses
£
37,500
-
37,500
-
37,500
Transfers
between
funds
£
(8,542)
1,125
3,533
6,371
2,487
(1,125)
(1,940)
578
(2,487)
-
Movement
in funds
£
59,006
(2,520)
56,486
(103,714)
(47,228)
At
31.12.24
£
1,109,920
1,125
2,533
1
1,113,579
-
-
28,643
28,643
1,142,222

Page 16

continued...

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 86,718 (54,358) 32,360
Designated local needs fund - (1,000) (1,000)
Designated mission fund - (6,370) (6,370)
86,718 (61,728) 24,990
Restricted funds
Refurbishment - (578) (578)
TOTAL FUNDS 86,718 (62,306) 24,412

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated bible fund
Designated local needs fund
Designated mission fund
Restricted funds
Bible
Local Needs
Refurbishment
TOTAL FUNDS
At 1.1.24
£
1,086,102
-
-
-
1,086,102
1,125
1,940
28,643
31,708
1,117,810
Net
movement
in funds
£
91,366
-
(1,000)
(8,890)
81,476
-
-
(104,292)
(104,292)
(22,816)
Transfers
between
funds
£
(89,412)
1,125
4,693
11,010
(72,584)
(1,125)
(1,940)
75,649
72,584
-
At
31.12.25
£
1,088,056
1,125
3,693
2,120
1,094,994
-
-
-
-
1,094,994

continued...

Page 17

WHYTELEAFE FREE CHURCH

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated local needs fund
Designated mission fund
Restricted funds
Refurbishment
TOTAL FUNDS
Incoming
resources
£
158,187
-
-
158,187
-
158,187
Resources
expended
£
(104,321)
(1,000)
(8,890)
(114,211)
(104,292)
(218,503)
Gains and
Movement
losses
in funds
£
£
37,500
91,366
-
(1,000)
-
(8,890)
37,500
81,476
-
(104,292)
37,500
(22,816)

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2025.

Page 18

WHYTELEAFE FREE CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Legacies
Other trading activities
Hall hire
Investment income
Rents received
Interest
Other income
Other income
Total incoming resources
EXPENDITURE
Investment management costs
Maintenance
Rental property insurance
Investors' share
Charitable activities
Preaching and leading
Evangelism
Sunday school and youth work
Grants to institutions
Grants to individuals
Support costs
Management
Treasurer
Administrator
Carried forward
2025
£
37,976
277
-
38,253
1,775
26,147
4,874
31,021
420
71,469
153
987
5,956
7,096
2,750
34
354
2,520
-
5,658
3,900
6,244
10,144
2024
£
39,949
2,017
13,145
55,111
1,690
26,781
2,861
29,642
275
86,718
-
576
5,559
6,135
4,525
235
456
5,330
2,040
12,586
3,600
5,272
8,872

This page does not form part of the statutory financial statements

Page 19

WHYTELEAFE FREE CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

Management
Brought forward
Minister
Maintenance of the fabric of the church
Light, heat and water
Telephone
Insurance
Sundries
Computer and website
Cleaning and kitchen
Governance costs
Independent examiner
Total resources expended
Net (expenditure)/income before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net (expenditure)/income
2025
£
10,144
18,111
105,410
3,652
316
1,394
402
240
3,054
142,723
720
156,197
(84,728)
37,500
(47,228)
2024
£
8,872
17,766
5,561
3,421
390
1,902
1,273
435
3,265
42,885
700
62,306
24,412
-
24,412

This page does not form part of the statutory financial statements

Page 20