Regeneration Church
Reports & Accounts
Financial Year Ending 31/08/2025
Contents
Legal & Administrative Details Trustees Report Independent Examiners Report Receipts & Payments Statement Asset & Liability Statement Notes to the Accounts
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Legal & Administrative Details
Charity Name: Regeneration Church Charity Number: 1191226 Charity Address: P O Box 2972 Romford RM7 1RR Trustees: Benjamin Spearman Alicia Edmund James Poch Ruth Poch Benjamin Poch Thomas Blandford Karen Walsh Kathryn Maltz (Appointed 13/10/2025) Robert Scott (Resigned 10/10/2025) Philip Grundy (Resigned 27/06/2025)
Independent Examiner: Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Trustees Report
Objects of the charity
Our missionTo pursue the presence of Jesus, in order to be conformed to His image, as we become people of mission.
ObjectivesThe advancement of the Christian faith in the UK and throughout the world in accordance with our vision and values, which includes working together with other churches and partners.In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity\s main activities and achievements were as follows:
Summary of our main activities
Our desire is simple: full submission to God’s will, allowing the Holy Spirit to shape every corner of our lives.
This year, we anchored ourselves in 2 Kings 3:16: “Make this valley full of ditches.” In this passage of Scripture, these ditches were an act of faith – a physical preparation for a miracle not yet seen.
We are digging those same ditches through consecration, repentance, and obedience, expectant that God will send the water and birth new things in our midst. This has already reshaped our preservice prayer, as we intentionally get right with God and clear the way forthe Holy Spirit to flow unhindered.
We spent time at Charcoal, our midweek Bible study, going through the book of Acts. We reshaped our rhythm of these Tuesday gatherings, encouraged by the posture of the early church and the move of the Holy Spirit:• four weeks of Bible study• a week of outreach-focused prayer, responding to what we’re reading• a week of Worship on the Streets, lifting up the name of Jesus on Romford High Street
The latter continues to feel like an important call upon our church for this season, and the location of our prayer gathering – overlooking the marketplace at the heart of Romford – feels significant. We continue to contend for Romford and to see people set free and revitalised in Jesus’ name, particularly with the little spiritual heritage here.
Prayer gatherings remain the engine room of the church with a core regularly committed to joining for an hour over the weekend. A sizeable cohort of the church joined in with the daily prayer walks around the Romford ring road during 28 Days of Prayer and Fasting, often with multiple prayer walks taking place on a day. Our monthly family-friendly gathering continues to expand, seeing our children develop active prayer lives of their own.
We are actively nurturing God’s work among our young people. This year, we’ve seen them lead from the front by sharing testimonies, serving, praying for sick people, and joining us on the streets for worship. We make it a habit of informing parents and the wider congregation of what the children are learning to continue the conversation outside of a service setting, and particularly at home.
Our other small groups are equally flourishing. Sapphire (Women) builds faith through raw, honest testimonies of discipleship and Cobalt (Men) has seen a deepening of vulnerability this year as they have journeyed together through a book. As a result, we will be launching a new ‘Band of Brothers’ initiative in the new year.
Once a month, our team visits a local care home to lead a dementia-friendly communion service. These moments of connection are deeply valued not only by the residents and their families but by the staff who join us in worship.
We capped the year at Sizewell – one of our most impactful weekend gatherings yet. Olly Goldenberg again joined us for the weekend and taught on Daniel.
Additional details
Just under 60 volunteers invest time through serving in one way or another at least once a month. We encourage personal investment into the church so that we’ll have a wider and more impactful reach to the glory of God. This is also a way in which people at regeneration can give back to God and discover their God-given purpose on an individual level.
Summary of our main achievements
We celebrate with heaven that several members of our congregation made the life-changing decision to follow Jesus this year.
We once again hosted a Christmas service, drawing many who don’t yet know Him to hear the lifegiving message of hope and freedom He brings.
Our two Community Meals were standout evenings of the year. It was a remarkable feat of service from our volunteers who, despite the lack of a kitchen in our meeting space, managed to host wonderful evenings where we could gather and break bread together.
In partnership with St Luke’s Cranham Church we welcomed two Artless Theatre Company performances in April 2025 and November 2025. Performances of Centurion and Amos and the Grumpy Owl creatively share the gospel message of hope, love and grace with an audience less likely to step in through a church building on a Sunday. Through both performances we were encouraged by attendance (more than 250 across all performances) and how it engaged a multigenerational audience with the Good News.
regeneration Church is a local ministry with strong links with the UK, European and international Church. Across 2025 we had speakers come and share their work and ministry as part of our main Sunday gatherings; both sharing how an emerging generation is curious about spirituality and exploring the Christian faith. We had speakers from Scripture Union UK and Pais International attend and share missional moments in their context.
We are also committed to being faithful stewards of the resources God provides:
• Benevolence: Through our Benevolence Fund, it has been a privilege to walk alongside those in our church family during difficult seasons, providing practical financial support when they needed it most
• FareShare: Our partnership continues to turn potential waste into provision. In total, we made 405 collections and 8,995 kg of food (2,139kg this year) – equating to 21,418 meals (5,093 this year) and saving 27,816kg of CO2 (6,578kg this year).
• Kingdom giving: As a matter of principle, we give away at least 10% of our income. This past financial year, we were able to give over £17,500 to organisations advancing God’s Kingdom both locally and overseas.
In planning the activities, the trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial Review
regeneration’s income is primarily made up of offerings by members and visitors to support the work, and related tax refunds claimed through Gift Aid.
In addition, regeneration has taken up collections for various charities which have been supplemented from the general income a minimum of 10% of the previous year’s collection income.
The principal costs relate to the payment of the Pastors, the rent of the church premises and the rent of a house. Expenditure also took place for various resources, purchased to support the work.
We hold our bank account at HSBC Bank plc, High Street, Hornchurch operated by a mandate which requires 2 signatures. Surplus funds are held by Kingdom Bank and the Charities Official Investment Fund.
In addition, we hold funds in various designated and restricted funds (see Notes to the Accounts) and are pleased to be able to assist those in our congregation and beyond through our Benevolence Funds.
Funds in Deficit
None.
Reserves Policy
It is our policy to aim to hold funds to cover approximately 3 months’ outgoings which equates to c. £43,500 in total.
Signature
This report was approved by the trustees, and is signed on their behalf by:
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Name: Benjamin Spearman
Signature
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Date 7 June 2026
Independent Examiners Report
I report to the trustees on my examination of the accounts of Regeneration Church ('the charity') for the year ended 31/08/2025.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the 2011 Act; or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent Examiner’s Details
Name: Stewardship Address: 1 Lamb's Passage LONDON EC1Y 8AB
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Name: Jaimée Young
Signature
Date 08 June 2026
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Receipts & Payments Statement
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Unrestricted Restricted Total Prior Year
Receipts
Donations & Legacies
Donations 130,994 41,217 172,211 129,523
Gift Aid 21,231 2,242 23,473 22,288
Grants 26,090 6,111 32,201 25,616
Charitable Activities
Event Income 6,010 0 6,010 4,920
Investments
Bank Interest 6,828 0 6,828 3,132
Trading Activities
Rental Income 0 0 0 0
Sales 80 0 80 246
Other
Loans Received 0 0 0 0
Other Income 0 0 0 620
Sale of Fixed Assets 0 0 0 0
Sale of Investments 0 0 0 0
Total receipts 191,232 49,570 240,802 186,345
Payments
Charitable Activities
Activities 9,019 0 9,019 15,022
Admin 4,727 0 4,727 5,545
Advertising 567 0 567 350
Bank Charges 338 0 338 189
Event Costs 10,543 0 10,543 9,154
Gifts Given 18,369 0 18,369 24,962
Other Expenditure 0 9,911 9,911 8,656
Premises 42,351 0 42,351 38,024
Staff Costs 75,134 0 75,134 70,086
Governance Costs
Governance Costs 2,373 0 2,373 1,176
Other
Fixed Asset Purchases 0 0 0 0
Loans Repaid 0 0 0 0
Money Invested 0 0 0 0
Total payments 163,420 9,911 173,331 173,164
Net Receipts / Payments (before 27,812 39,659 67,471 13,181
transfers)
Fund Transfers In 0 500 500 0
Fund Transfers Out 500 0 500 0
Net Movement of Cash Funds 27,312 40,159 67,471 13,181
Total Cash Funds Brought 67,381 121,265 188,646 175,465
Forward
Total Cash Funds Carried 94,693 161,424 256,117 188,646
Forward
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Represented By
General (Unrestricted) 65,420 0 65,420 38,381
Vision Fund (R) (Restricted) 0 151,424 151,424 111,728
Vision Fund (D) (Designated) 19,000 0 19,000 19,000
Benevolence Fund (R) 0 4,181 4,181 3,751
(Restricted)
Benevolence Fund (D) 5,008 0 5,008 5,000
(Designated)
Mission Fund (R) (Restricted) 0 5,819 5,819 5,786
Asset Replacement (D) 5,265 0 5,265 5,000
(Designated)
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Asset & Liability Statement
Cash Assets
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Unrestricted Restricted Total Prior Year
General (Unrestricted) 65,420 0 65,420 38,381
Vision Fund (R) (Restricted) 0 151,424 151,424 111,728
Vision Fund (D) (Designated) 19,000 0 19,000 19,000
Benevolence Fund (R) 0 4,181 4,181 3,751
(Restricted)
Benevolence Fund (D) 5,008 0 5,008 5,000
(Designated)
Mission Fund (R) (Restricted) 0 5,819 5,819 5,786
Asset Replacement (D) 5,265 0 5,265 5,000
(Designated)
Other Monetary Assets
Notes Unrestricted Restricted Total Prior Year
Gift Aid 1,394 145 1,539 1,785
Other Manse lease 2,284 0 2,284 2,284
deposit
CCLA - 323 0 323 77
earnings due
Kingdom Bank 1,337 0 1,337 2,100
- Int.
Investment Assets
Notes Unrestricted Restricted Total Prior Year
Property 0 0 0 0
Investment 0 0 0 0
Accounts
Other 0 0 0 0
Fixed Assets
Notes Unrestricted Restricted Total Prior Year
Land & 0 0 0 0
Buildings
Music & PA 0 0 0 0
Equipment
Computers & 31,020 0 31,020 31,020
IT
Furniture 0 0 0 0
Motor Vehicles 0 0 0 0
Liabilities
Notes Unrestricted Restricted Total Prior Year
Loans 0 0 0 0
Outstanding
Pension 1,198 0 1,198 1,121
Payment
Owed
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| HMRC Payments Owed |
0 | 0 | 0 | 0 | |
|---|---|---|---|---|---|
| Independent Examination Fee Due |
Stewardship | 1,680 | 0 | 1,680 | 1,290 |
| Other | HSBC Commercial Card |
101 | 0 | 101 | 189 |
Signature
These accounts have been approved by the trustees, and are signed on their behalf by:
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Name: Benjamin Spearman
Signature
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Date 7 June 2026
Notes to the Accounts
Accounting Policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
Transactions to Related Parties
Pastors
James and Ruth Poch are employed by the church as its pastors. Salary and employment costs, including pension, payroll fees and reimbursed expenses, amounted to £75,134 for the year [202324: £70,700]. As part of their employment, accommodation is also provided amounting to a cost of £23,849 for the year [2023-24: £22,984]. The charity's governing document permits these types of payments.
Gifts given
During the year two payments were made from the benevolence fund to two related parties being:
• Close relative of Benjamin Spearman (trustee) received £3,111• Close relative of James & Ruth Poch & Benjamin Poch received £1,200
The gifts totalling £4,311 and were given for various benevolent reasons.
Services provided and paid for
A close relative of James & Ruth Poch; & Benjamin Poch provided decorating work at the manse (as part of his decorating business) at the costs of £602 [2023-24: £950]. The payment was for materials and labour.
Movement of Funds
| Fund Name | Opening Balance Income |
Expenditure | Fund Transfers Closing Balance |
|---|---|---|---|
| Unrestricted | |||
| General (Unrestricted) 38,381 190,959 163,420 -500 65,420 |
|||
| Total | 38,381 190,959 |
163,420 | -500 65,420 |
| Designated |
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Vision Fund (D) 19,000 0 0 0 19,000
(Designated)
Benevolence Fund (D) 5,000 8 0 0 5,008
(Designated)
Asset Replacement (D) 5,000 265 0 0 5,265
(Designated)
Total 29,000 273 0 0 29,273
Unrestricted Total 67,381 191,232 163,420 -500 94,693
Restricted
Vision Fund (R) 111,728 39,196 0 500 151,424
(Restricted)
Benevolence Fund (R) 3,751 10,341 9,911 0 4,181
(Restricted)
Mission Fund (R) 5,786 33 0 0 5,819
(Restricted)
Total 121,265 49,570 9,911 500 161,424
Restricted Total 121,265 49,570 9,911 500 161,424
TOTAL 188,646 240,802 173,331 0 256,117
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Other
Fund Descriptions
General Fund (Unrestricted) - General fund for the everyday running of the church and its activities.
Vision Fund (Restricted) - Funds given towards the purchase of a building or building a building which may involve land purchase or upgrading a building.
Vision Fund (Designated) - Funds set aside from the general fund towards the purchase of a building or building a building which may involve land purchase or upgrading a building.
Benevolence Fund (Restricted) - Gifts given directly to provide financial support for the relief of poverty and distress in the local community. At the Leadership team's discretion, to give emergency support to individuals and families, whether church members or not.
Benevolence Fund (Designated) - To provide financial support for the relief of poverty and distress in the local community. At the Leadership team's discretion, to give emergency support to individuals and families, whether church members or not.
Mission Fund (Restricted) - Gifts given to provide assistance to people with limited resources to volunteer or work in the mission field.
Asset Replacement (Designated) - For the replacement of broken or obsolete assets, particularly IT and sound equipment.