CHARITABLE INCORPORATED NUMBER: 1188212 REPORT OF THE TRU5TEESAND Fl NCIAL STATEMEi¥fs FOR THE PERIOD ENDED 31 DECEMBER 2025 BUSH HILL PARK COMMUNTfY CHURCH CONTENTS OFTHE RNAP4aALSTATEMENTS Reference and Administr*ive Detsi15 Report of the Trustees 3to5 Independent Examiners Rewjrt Statement of Finanaal Activities Balance Sheet C35h Flow Statement Notes to the Financial Statements IOto14
BUSH HILL PARK REFERENCE AND ADMIMsfRATIVE DETAILS 1128298 PrInci1 address Gospel Hall 2-4 Leighton Road Enfield ENI IXH Audltors AP Whitehead ACA 34 Illingworth Way Enfleld ENI 2PA Bankers Coop Bank PO Box 101 l Ballon st Manrhester M60 4EP Fellowshlp of Independent Evangelical Churches 41 The Poin¢ Market HarbOr LE16 7QU ZIPage
BUSH HILL PARK COMVNITY CHURCH REPORT OF THE TRUSTEES lorthe Year Ended 31 Derember 2025 The trustees present thesr rewrt with the finan(ial ststements of the Charty for year ended 31 December 2025. The trustees have adopred the provisions of Accounting and Reporting by Charities: Statement of Recommended Practi appllcable to charities preparing their accounts in atzordano with the Financial Reporting Standard applicable in the UK and Republii of Ireland {FRS 1021 leffeafve l January 20191. On l Au8U5t 2020 the charity ronverted from an unincorporated charity to a Charitable Incorporated Or8anisation reorganisation was treated as a merger. CONsrmJTION A group of Chrtstians started meetin8together in the Bush Hill Park area in 27 and established Bush Hill Park Communtty Churth 1.the (hunthl 35 a tharity on in July 2009. On l August 2020 the Churth transferred tts activttiès to a Charitable Incorporated Organisation register wsth the Charity Commlsslon. The Church is governed by a constttution estabtlshed in July 2009 and updated in September 2019. PRINapAL ACTIVITY The prinapal activity of the Church in the year under revlew was the Proclamation of the Gospel of the Lord JesLhS a)rist in Bush Hill Park and the surroundbng area and through support of mission at home and abroad. The Church provides support for members of the Churth and kxal community. APPOINTMETr OF OFACIALS Nominations for a new Elder may be made at any time by the Ix)ty of Elders. The nomination requires the approv31 of the Church meeting wrth a minimum threshold of 80% of those voting. An Elder shall be appointed for five years and shall then be eligible for rlectIOn. Deatons may be appointed by the Elder& They have rto fixed terni but are rewewed annually. At present there are deacons appointed. The Church Secretary is responsible for the induction of any new elder which invofves an awareness of the responsibilitie5 of the posib"on. the governing docurnerrt. and the Churth'5 policy and procedures. 31Page
BUSH HILL PARK COMUNITY CHURCH REPORT OF THE TRUSTEES forth ar endÈd 31 iknber 2025 FiwfuRE AcnvmES It is the intention of the Elders to continue the prinopal activibes as set out above. REVIEW OF THE YEAR Stuart Chaplin who has been the Pastor of the Church since January 2015, left to take up a new role in February 2Q25. Armel Mpasi was appointed Pastor and started in this role in Ottober 2025. The thurch has continued to hold serylces of worship every Sunday. which have included preathing and bible teachinE and throughout the year age lated activitie5 for children have also been provided. All these meetlrgs have been open to the general public, who have been re8ularty invited ty leafiEt c8mpai8f and press advertfjsements. We continue to support our misslonary famli y in various parts ofthe UK and abroad. There We no transactions with related parties during the year. FINANCIAL P051TION The Church made a surplus on unrestricted ftFnds- £20,14812024'. surplus £7,944). Staff costs were lower as there was a period when there was no Pastor following the departure of Stuart Chaplin in March and the appointment of Armel Mpa5r in October. Giwng was slightly lower but interest income was higher. In 2025 the Church made a defittt on restrirteo funds of £1SfA) which represented payment from restricted funds towards the development of the Church building. In 2024 the surplus of £310,901 resulted from the disposal of a property. RESERVES POUCY The objective is thatthe reser¥es of the Churth are sufficient to lund the activities for three months. At this stsge the level of ServeS is bdow that threshold. The elders continue to Work toward5 building the le¥el of rr¥e$. RISK MANAGEMErir The elders have condurted a raryew ofthe major risks to whith the churth would be exposed. ènd systems are being implemented to mitigate those r55k5 where possible. The risks and systems will be regularty reVied. 41Page
H HILL PARK COMUNftY RT OFTHE TRusfE ELDERS AND OFFiaALS The elders and officials in Offi duri the yearwere as follows:_ Etders stuart Chaplin (until March 2025) Armel Mpa Paul Robinson John Reeves Roger Wray Nick Norynan VOLUNTEERS The church's activities rely on the commltment of large number of 9)IUntee The Church recognises the contribution th the volunteer5 make in the sustalnln8 of rts activitie TRUSTEES RESPONSIBILMES Charity law require5the trusteesto prepare financial statements for eath financial year, whith elve a true and fair view ofthe stste of èffairs of the churth and of its flnancial actlvtties for that peri(xl. In preparire those financial Statements the elders and offidals are required to- lal select Suitable accountir pollcies and then applythem cor1Stendy. (bl make judgements and estirnates th* are reasonable and prudent: {c) state whetherthe policies adopted are in accordante th SORP 2(X)5 and with applicable accountiTE stsndards, subject to any material departures disdosed and explained in the financ1 statements: Idl prepare the finarKlal staternents on the goirq concern basis unless it Is inappropriate to assume that the Chutrh will continue. The elders and deacons are re5ponslble for keepin8 accountirvs records whlth dlsclose wtth rea50nèble Kcuracy the financial posrtion of the Churth and to enable them to ascertain that the financial statements comply wwth the Charltie5 Art 1993. They are also SPOnSible for safe8uarding the assets ofthÈ Church and hence for taking reasonable step5 fw the prevention and detection of fraud or other Irregularitie& Signed on behalf o the Tntstees R Wray 31 May 2026 51pa8•
REPORT OF THE INDEPENDENf EXAMINER TO THE TRusfEES OF BUSH HILL. PARK commuNy CHURCH I report on the accounts of the tharity forthe period ended 31 December 2026. which are set on pages 7 to 15. The Charity'5 trustees are responsible for the preparation of the Kcovrits. The Chartv trustee5 (x)nsiderthatan audit not requsred forthisyear lundersecbon 43{21 of the(harities Act 1993 {the 1993 Attll and that an independent examination is needed. tt is my SpOnsIbl1[ty to: examine the accounts IL4nder section 4313lla} of the 1993 Artl- to follow the procedures laid down in the General Directions given by the Charity Commissioners lunder secbon 4317llbl of the 1993 Act),. and to stste whether particular matters have come to my attention. Ba515 of independent examlnerfs repwt My examination was carried out in accordance wr(h the General Directions given by the Charity Commissioners. An examination indudes a review of the accounting records kept by the thariry and a Comparison of the accounts presented wirh those record& It also includes consi(leration of ary unusual items or disdosures in the aC0)ur and seeking explanations fmm you astrustees concerning any such matters.The procedures undertaken do not provide all the evtdence th3twould be required in an audiL and Consequent I do not expre55 an audit opin40n on the view grwen by the actounts. Independent examlnerf5 statement In connertion wtth my examination. no rn3tter has come to my attention: 111 which gives me reasonable causeto belie4e th* in any material respectthe requirements to keep accounting records in accordance wtth sertion 41 of the 1993 Act; and to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the 1993 Act have Th)t been met; or {21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accountsto be readd. AP Whitehead ACA 34 Illingworth Wav Enfield Middlesex ENI 2PA 23 May 2026 61Page
BUSH HILL PARK COMMUNITr CHURCH STATEMENT OF FINANCIAL ACTivmES for the Period Ended 31 December 2025 Restritted funds Totsl 2024 funds | Donations and legacies Donaied assets Other income Investments Total 54.645 2.240 56185 59.449 62,449 415 7,675 64n5 415 7,675 64.975 i.0 4363 337.113 338,883 4.363 405.695 340J Charitablè artivities Total 42,587 46387 57.638 29.211 86.849 46387 29.tsi Net Inrome 20.148 (} 310 3J8W6 Transfers between funds Plet movement In fvnds Total funds brought forward Total funds carried forward (L5601 310, 318W6 928.L 359 L287.102 920.119 48.137 968.256 9•81 357A79 928 359.039 LA01 C014TINUINfj OPERATIONS All income and expenditure has artsen from corrtinuing actiwties. The notes on pages l(F15 form part of these financial statement&
ARK MM Nrry CH RCH (E SHeEr 31 Dece Targible assets 843.750 844.790 Current •ssets Cash at bank and in hand 461.940 442,312 Creditors: Amounts falling due within one year Net current assets IJ05,690 1387.102 Creditors: Amounts falling due after more than one year Total net asxts 1305,690 1287.102 The funds of the tha Restrlrted io 357,479 359,039 Unrestrirted Fixed asset fund General fund Total unrestricted fvnds io io 843,748 104.463 948.211 844,79) 83.273 Totsl fvnds 287.102 The financial statements were approved bythe Board of Trustses on 31 May2026 and TA*re $18ned on its behalf by: R Wray.Trustee The notes on pa8es I15 forn) part of trse financial statement&
BUSH HILL PARK COMMUNrrY CHURCH CASH FLOW STATEMENT for the Period Ended 31 December 2025 2025 2024 Cash flows from opeftng aLthitie5 Cash generated from operations 11.953 3Th).525 Net cash prded by Oper1 aclivitses 31KI.525 Interest received 7.675 4363 Chan8e In tash and cash equivalents in the reporting wN)d 19.628 Cash and cash equivalents atthe begiMin8 ofthe remi period 137,424 Cash and cash ¢qualents at the end of the re1)Orti period 461940 442B RECONCILIATION OF INCOME TO NEf CASH FLOW FROM I OPERATING AcnviTIES l Net incomellexpenditufel for the reixxtiry Adjustmentsfor reciation charges Interest received IDecreasell in credrtors 88 318.846 1,042 14.3631 17.6751 Net ¢ash fromllused in) opern11 actl¥rii 11.953 Y(X>25 The notes on pages 10-15 fom part of thesefinancial statement& 91Pa8e
BUSH HILL PARK COMMUNtrY CHURCH Notes to the financial StateTnÈnts ACCOUPfflN6 pouaES The finafiaal st3tements of the ch3rity, which is a public benefft entity under FRS 102. have been prepared in accordan wwth the Charities SORP IFRS 1021 'Accounting and Reportir by Charities: Ststement of Recommended prdCti applicable to tharities preparing thebr accounts in atcordance with the Financial Reporting Stsndard applicalAe in the UK and Republic of Ireland IFRS 1021 leffecttve October 20191.. the Charfties Art 2011 and the Charities Act 2011. The financial statements have been pPared under the historical cost convention. The trUee$ consider that there are no material uncertainties about the Church's ability to continue as a going concern. Incomlng resource5 Voluntary income Is reived by way of donan$ and gift5 and is induded in full in the Statement of Financial ActNities when it is receivable. Legaoes and dorlonS are induded In the Statoment of Financial Activitre5 in the year in ¥thith they are reoived. Donatiork5 arin8 under Gift Aid are atcounted for on the date of receipt and prows1or are made for income tax remaining ualmed at the year end. No value of ser4Yices byvolunteers has been Induded in these accounts. Expendlture Gifts and donations represent amounts paid by the (hurch to suwort cYKanisations wtth similar aims induding the support of members of the church undertaking work in furtherarbce of the 805pel outside with other orwanisatiorbs. Debtors Trade and othèr debtors are recognised at the Settlement arnunt. Prepayments are Yalued at the amount prepaid. Cash at bank and in hand Cash at bank and in hand indudes" (ash. bank current acoxjnts and bank deposit acwunts with no withdrdwal Ilmitations. Credttors Creditors are recognised where the charity has a present obligatSon resulting froffl a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliabty. Creditors are recognised at their settlement amount. IOIPage
BUSH HILL PARK COMMUNrrY CHURCH Notes to the Financial Ststements ACCOUNTING POLIOES {Cortinued) Tanglble fixed assets Fixed a5SÈts for use by the Church with a value of greater than £l,(KJl are capitallsed and depreciated. Depreoation is provided atthefollowingannual rates in or(lertowrite off each asset over tts estimated useful life. Freehold property 1% reduang balance Tamation The Church is exempt from tax on its CharItab activitses. Fund accounting Restrictedfunds TheTrainee Fund comprise% gifts given by indivtdualsto fund a ministrytrainee undertaking a pastoral trnining and developrne Unrestrirtedfunds The general funds a donations and other income r[yell orgenerated forthe objects of the Church wrthout furtherspeafic purr)se. The Fixed Asset Fund represents the book value of other freehold property and tangiwe asset5. Flnanclal instruments The Church only has fi"nènaal assets and finanoal liabilities of a kfind th qualify a5 basic financial instruments. Basicfinanoal instruments are initially measured at transaction value and 5ub5equently measured at their settlement value. Pensions The Church contributes to nSIOn schemes nominated by the staff. The contributions are accounted for in the period in which they are receivable. IIIPage
BUSH HILL PARK COMMUNITY CHURCH Notes to the Finandal Statements Donatlons and legleS 2025 2024 Unrestricted fund5 2024 2024 Totsl funds funds Re8ular Bivtng l Other donations GÉft aid Totsl 37519 5.788 11.338 54.645 37519 8.028 11338 56J85 44.0 4.545 44,010 7.545 10.894 61449 2.240 59.449 Other intome 2025 2025 2025 Totsl fvnds 2024 2024 2024 Total funds funds funds fvnds Income from charitable •ctlwties Income from sale of property Totsl 415 415 1.770 1.770 337,113 337.113 415 L770 337,113 338.883 Inves¢ment intome 2025 Unrestrfrted funds 2025 2025 Total 2024 Z024 2024 Total fund5 fvnds fvn(ts Bank interest Totsl 7,675 7,675 4.363 4,363 4.363 2025 ilnieslricted fund5 2025 Totsl fvnds 2024 2024 T¢)tal fvnds funds Chrfsdun mlntstry Staff costs OLrtreach, and development Mission or8anisations Premises costs 18,456 287 18.456 287 39.734 1.275 39,734 1.275 6549 6.549 12.524 5,430 1,042 42587 1.560 2,240 14,084 7,670 I.IM2 46,387 4.780 26,211 30.991 7.258 1.042 Other costs Depreaation Total 1.042 57,638 29,211 121Page
BUSH HILL PARK COMMUNtTY CHURCH Notes to the Finanaal Statements 2025 2024 2024 2024 Total funds Total fvnts funds funds Wages National Insurance Pension Totsl 17,115 17.115 37.378 37378 1.341 18.456 1.341 2.335 39.713 2335 39,n3 The wages and pension contributions Wre paid two trusrees- StLSart thaplin (left March 20251 and Arniel Mpasi (started October 20251 in respect of their employment as Pastor of the Church. Neither Stuart nor Armel reIved any remuneration for his In¥0ement as trustee. No other benefits were re(eive(I by tn&stees during the year nor for the peri¢Jd ended 31 December 2024 or 2025. There were no trustee5' expenses paid for ts year ended 31 December 2024 for the period ended 31 December 2025. The average number of employees during the year was as follows: Z025 2024 No. Pastors Administrative staff LO IA> 7. Tanglble fixed assets Totsl Cost at the Wnni Additions Cost atthe eNI of the pvlod oftt eriod 850,( 850.CMJ) Depfeciation At the beL4nning of the period Charge for the year At li end of the perlod 5,210 4,168 1.042 Net book value at beginnin8 of the period Net book value at end of the perlod 845,832 844.792 843,750 131Page
BUSH HILL PARK COMMUNITY CHURCH Notes to the FnaThcial Statem 7. Tangible fixed assets Icontiftued) In June 2022 the Church reIved a gtft of a property in Letghton Road from the Brethren which is used for the Church's acb"vities. The property bs induded at the valuation on the de of transfer of £600,000. Movement In fund5 BalarKe at Income Balan at31 2025 Unrestryctedfvnd General fund Fixed asset fund Total unrestrirted lunds 83,273 62.735 1425871 104,461 843.750 948.211 11.0401 928,063 62.735 142587) Restrirtedfvnds Ministry Trainee fund Gifts Development fund Total restricted funds 5.230 33,484 318.765 357.479 33.484 320.325 359.039 2.240 12,2401 11,5601 I.21 Total 1287.102 64375 (46387) Ii0S,690 2024 Unrestrictedfvnd General fund Fixed asset fund Totsl uthrestrK fund5 89,287 830,832 920.119 65,582 157.638) {13,958) 13.958 83,273 844,790 94063 157.638) Restrictedfvnds MinÉstry Trainee fund Gifts Development fund Totsl restricted funds 5,230 33,484 320,325 359.039 33,484 9.423 48.137 13.(MX)} 126,2111 129.2111 337,113 340.1 Total 405ffi95 (86A491 L287.102 The Ministry Trainee Fund comprises 8tfts given by indiwduals to fund a Ministry Tralnee undertaking a pastoral training and development. The Fixed Asset Fund represents the book Value of other freehold prorry and tsngible assets. The General Fund is donations and other income received or 8ener*ed for the objects of the churth withoutfurther specific purpose. The Development Fund compri funds for thè development of a thurth buildir 141Page
Net assets fund5 Totrl fund5 funds fund 2025 Fixed a55ets Cash Totsl 843.750 843.740 461,940 1.305.690 104,461 357,479 359W39 843,750 2024 Fixed assets Cash Totsl 83.273 83273 359.039 359.039 442,312 1.287.102 1SIPa8e