woodgreenchurch Hastings Drive, Worcester WR4 OSR ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
Woodgreen Evangelical Church
| INDEX | |
|---|---|
| Page 1-7 | Trustees' Report |
| Page 8 | Statement of Financial Activities |
| Page 9 | Balance Sheet |
| Pages 10-15 | Notes to the Accounts |
| Page 16 | Independent Examiner's Report |
Report of the Managing Trustees for the period 1[st] April 2024 - 31[st] March 2025
The Managing Trustees present their report along with the financial statements of the charity for the period ended 31[st] March 2025. The financial statements have been prepared based on the accounting policies set out in note 1 to the financial statements and comply with the charity’s Trust Deed.
1 LEGAL and ADMINISTRATIVE INFORMATION
1.1 Church Address
Woodgreen Evangelical Church Hastings Drive Warndon Villages Worcester WR4 0SR
1.2 Governing Documents
CIO Church Constitution (adopted by members on 2[nd] March 2021) CIO Church Handbook (adopted by members on 2[nd] March 2021)
1.3
Managing Trustees
Richard Lacey [Lead Pastor, salaried] Duncan Cobbett [Associate Pastor, salaried – Resigned: 31[st] March 2025] Tom Davenport [Assistant Pastor, salaried]
Alex Johnstone [Elder & Youth, Children & Families Worker, salaried: Appointed 14[th] May 2024]
Mike Auty [Elder] Don Beckett [Elder] James Fuller [Elder] Sandy Harrison [Elder, Resigned: 14[th] May 2024] Jonothan Soman [Elder) Ed Houghton [Elder]
1.4 Key Management Team
Richard Lacey [Lead Pastor] Duncan Cobbett [Associate Pastor] Martyn Walley [Church Operations Manager]
1.5 Independent Examiner
Nick Spear ACCA Stewardship Services (UKET) 1, Lamb’s Passage London EC1Y 8AB
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1.6 Principal Banker
National Westminster Bank Plc 1 The Cross Worcester WR1 3PR
2 STRUCTURE, GOVERNANCE and MANAGEMENT
2.1 Trustees and organisational structure
The Government of the Church is vested in a Body of Elders (including paid Pastors) who are the Charity Trustees of the charity. There are currently nine Elders, three of whom are Pastors. Pastors are appointed by a two-thirds majority vote on a Special Resolution at a Special Meeting of Church Members.
The elected and unpaid Elders serve for a term of three years and may then be re-affirmed by the Church Members. The Church Members affirm unpaid Elders by secret ballot at a Church Members’ Meeting or at a Special Members’ Meeting and a candidate requires two-thirds of the votes of those present at the meeting to be affirmed or re-affirmed.
The Charity Trustees who held office during the financial year are listed on page 1.
When new Charity Trustees are appointed, they are given an introduction to the work of the Trustees. Most current Managing Trustees have long experience of being a Trustee and are able to support new Trustees in performing their role.
Each Charity Trustee takes responsibility for oversight of the activities of the Church in specific areas. As an example, Donald Beckett has oversight of Safeguarding and is a member of the Safeguarding Team. Other areas of particular oversight include data protection, health and safety, risk assessment and finance.
The non-salaried Charity Trustees, which does not include Charity Trustees who are employed by the church, discuss issues relating to salaries and employment, making recommendations to the rest of the Charitee Trustees.
2.2 Remuneration of Managing Trustees
Extract from Church Constitution (paragraph 14):
“The Pastor, any Assistant Pastor(s) and a Church Administrator of the Church appointed in accordance with the Church Rules may receive reasonable remuneration for their employment in the service of the Church notwithstanding that they are or may be Managing Trustees of the Church”.
In addition, all Managing Trustees may receive reimbursement of reasonable and proper out of pocket expenses incurred in carrying out their duties. They may also receive remuneration for work carried out on behalf of the Church, where such work has the authorisation of a majority of the other Managing Trustees. Agreements concerning payments in the second category are included with these accounts.
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2.3 Responsibilities of Managing Trustees
Under the Charities Act 2011, the Charitee Trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the affairs of the church.
They are required to:
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Select suitable accounting policies and apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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State whether the applicable accounting standards have been followed;
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Prepare the financial statements on an ongoing basis.
Charity Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and they must ensure that such accounts and records comply with the Charities Act 2011.
They also have a responsibility to safeguard the assets of the charity and to take reasonable steps to detect fraud or other irregularities and to provide reasonable assurances that:
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The church is operating efficiently and effectively;
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Its assets are safeguarded against unauthorised use or disposition;
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Proper records are kept and that financial information used within the church and for publication is reliable;
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The church complies with relevant laws and regulations.
2.4 Risk Management
Risk Assessment pertaining to Woodgreen Evangelical Church as a charity (with particular reference to the work of the Managing Trustees) is reviewed by the Church Operations Manager. The Trustees consider this to be a comprehensive and robust analysis. All activities undertaken by the Church are subject to a review by the Church Operations Manager with a Charity Trustee as part of the risk management. Risk Assessments are periodically reviewed by the Church Operations Manager.
3 OBJECTIVES and ACTIVITIES
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Our PURPOSE in all we do is to glorify God and enjoy him together.
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‘So whether you eat or drink or whatever you do, do it all for the glory of God.’ (1 Cor 10:31)
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Our MISSION is to make disciples who understand our culture and know, sow and show Jesus in Warndon Villages, Worcester and the World.
‘Jesus came to them and said, ‘All authority in heaven and on earth has been given to me. Therefore go and make disciples of all nations, baptising them in the name of the Father and of the Son and of the Holy Spirit, and teaching them to obey everything I have commanded you. And surely I am with you always, to the very end of the age.’’ (Matthew 28:18-20)
- Our VISION is to see God’s Kingdom grow as families, friends and communities are transformed by the gospel.
‘I planted the seed, Apollos watered it, but God made it grow. So neither he who plants nor he who waters is anything, but only God, who makes things grow. The man who plants and the man
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who waters have one purpose, and each will be rewarded according to his own labour. For we are God’s fellow-workers; you are God’s field, God’s building.’ (1 Cor 3:6-9)
Activities, Achievements and Performance
The church community continues to thrive, with a full range of weekly and other regular activities. We have high levels of numbers attending, with many new individuals and families added to the church community in all age groups.
The building is used each week for a wide range of church and community activities, with use of by local services and organisations such as local charities, a weekly choir and a chiropodist. In addition, our use of live-stream, for Sunday services and other activities, continues to be popular and connects us with those viewing locally, in other parts of the UK and throughout the world. We continue to forge links with the local community through weekly activities (our ‘walkers’ and ‘art’ groups, along with regular parent and toddler groups are examples) plus annual events such as our Community Fun Day and involvement in the local community summer fete.
We offer a warm space for community use. This includes soft furniture, lighting, a breakfast bar with USB power sockets and a high quality coffee machine. We continue our links with the local BSL community, including hosting a fortnightly BSL café as well as offering a range of activities for our local Japanese community - including weekly conversation classes.
For church regulars we run midweek Bible discussion groups (growth groups) and other similar groups are hosted in the church building centrally for women on Thursday morning (Oasis) and Seniors on Tuesdays (Faith in Later Life). We also have discipleship groups for those aged 18-30 (After Eights) and those aged 14-18 (After Church; Deeper). Our young people and our young adults (18-30) have enjoyed weekends away. We continue to run men’s evenings, and women’s evenings, throughout the year to help people get to know others in church better and to enjoy fellowship together.
• Focus Text for 2025
Romans 15:13 May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit.
• Teaching and Preaching
The teaching and preaching of unchanging Biblical truths is foundational to all ministries and witness at Woodgreen. We believe in the inspiration and authority of all Scripture, that it is ‘Godbreathed and useful for teaching, rebuking, correcting and training in righteousness’ (2 Tim 3:16). This means that relevant exposition and explanation of Biblical truths is a key aspect of all our activities.
When we meet, we seek to worship God in our Sunday services in a contemporary way and preaching from the Bible is an indispensable part of our corporate worship. Our pastors have provided a majority of the preaching at Sunday services and their themes are normally derived from sequential exposition of books or sections of the Bible. We believe that warm, relevant and faithful preaching is essential not only for building up Christians into mature believers, but also to urge unbelievers to come to personal faith by grace through faith in Christ.
Sermon series have included: A King Worth Following (Matthew); #Choose Joy; Come and See (Christmas series); Courage (Philippians); Endure (2 Timothy); Hope of the Nations; None Can Compare (Psalms); Prophet,Priest,King; Unstoppable (acts); Waiting Faithfully (Malachi).
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The same desire to ‘preach the word in season and out of season’ characterises our Sunday and all-age activities during a typical week. Our Young Church (Sunday School) syllabus also mainly focuses on books of the Bible, at a level more suited to the various age ranges. Most midweek groups also include a Bible talk or group discussion, including our toddler sessions which always include telling a Biblical story.
• Training for Ministry
The Elders have a continuing commitment to train men and women for service.
Duncan Cobbett, our Associate Pastor, left the church in January 2025 to take up the role of Lead Pastor at Grace Church, Kidderminster. The training of pastors to eventually take up positions of senior leadership in other churches is part of the vision for training at Woodgreen.
At our Members Meeting on 20[th] November 2024, Jonathan Soman, was, by vote of church members, appointed as our new ‘Assistant Pastor’ - commencing September 2025.
During this year two gap-year trainees were interviewed and appointed. They will be joining the Staff Team for one year, commencing September 2025. Phoebe Dudley will be joining as a Youth Intern and Susie Cooke will be joining as a Ministry Trainee.
More widely, across the congregation we are also pleased to see a number of individuals furthering their own theological understanding of scripture by taking a range of other courses external to ourselves (e.g. Midlands Ministry Training Course and ‘The Forge’ Bible training course - run jointly by local churches).
• Fellowship Life
Our 2025 Ministry Plan is entitled ‘A Season of Renewal’. This consists of two sections. Ministry Priority 1: A Renewal of Gospel Growth and Ministry Priority 2: A Renewal of Gospel Relationships. There has been a particular emphasis on developing opportunities to be relational, including encouraging hospitality and increasing opportunities to share together over food.
As Elders we continue to recognise the importance of prayer in the life of the church and we have ensured that meeting for prayer has continued to be a priority, including our Wednesday evening ‘Prayer Centrals’. Every month we issue a 'Together in Prayer' sheet highlighting topics for prayer so that the whole church can pray corporately. We recognise that unless God blesses all we do as a church, our labour will be vain, so we have expressed our reliance on God through prayerful dependence on Him. We know we need the help of God’s Spirit to be the gracecentred, faith-driven community God wants us to be. (Ephesians 6:18, 1Thessalonians 5: 17, Philippians 4:6-7).
Our mid-week Growth Groups have continued to provide a back-bone for our meeting together and getting to know each other better as a church family.
Our older folk have been well catered for by the spectrum of events and fellowship offered under the banner of ‘Seniors’. During the summer, we were able to hold a series of activities for our Seniors.
We have run courses that introduce Christianity which have been well-attended.
Following a call from Kidderminster Evangelical Church and Christ Church, Wyre Forest (Stourport) Woodgreen has committed to support the formation of a new church – ‘Grace Church
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Kidderminster’, with Duncan Cobbett appointed as the lead pastor - a number from Woodgreen Church planning to join in support. It is proposed that the new church will open in Januray 2025.
• Evangelism
As an evangelical church, the discipline and practise of evangelism has continued to be priority for us.
We hold on-going opportunities for evangelism, including our regular weekly Parent and Toddlers’ groups, our fortnightly Art Group and Lunch Club meetings, weekly evangelistic sessions for Japanese families and our BSL Ministry. Our call to personal, 1-2-1, friendship evangelism has under-girded our Sunday and mid-week teaching.
In March 2024, we ran an ‘Easter’ outreach over two weekends. Events included: a Tea for Seniors; Burger and Curry nights and special Sunday services.
Our annual Fun Day in June 2024 was attended by nearly 900 members of the local community.
• Mission
Our church mission statement states that, as Christians, we have a responsibility to promote gospel work in areas beyond our immediate community.
Throughout the year, a group of members from Woodgreen Church have been preparing to join other Christians in the Wyre Forest area to form a new church: Grace Church Kiddereminster. The first meeting of this church took place on Sunday 19[th] January 2025 with Duncan Cobbett as Lead Pastor. This is part of our growing vision of seeing new Bible-centred churches developed throughout Worcestershire.
As our accounts show, we have continued to give regular financial support to a large number of individuals and organisations, many of which have personal links with the church. Grants payable including missionary support were at £53,271 which includes a donation to the FIEC, as well as donations to smaller, local churches in need of financial support.
• Public Benefit
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission Statement.
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FINANCIAL REVIEW
The income of the church showed an increase during the financial year of £46,728 with expenditure also increasing by £35,071. On a per month basis income increased by £3,894 per month, while expenditure also increased by £2,922 per month. Overall this resulted in a net decrease in incoming resources of £16,767 after depreciation. On a cash basis (excluding capitalisation / depreciation, debtors, creditors and pre-payments) we reduced cash reserves by £13,192 within the Financial year.
Cash balances at the year-end were £177,028, £64k above the 3-mth minimum requirement.
The impact on the finances and reserves continues to be rigorously monitored.
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5 GOING CONCERN
The Trustees of the CIO have a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future. The financial statements have been prepared on the basis that the CIO is of going concern.
6 INVESTMENT POLICY
The Managing Trustees have power to invest in such assets as they see fit for the furtherance of the aims and objectives that are agreed by the Trustees and supported by the Church Membership.
7 RESERVES POLICY
The Trustees have an agreed Reserves Policy, whereby a contingency is held of at least two months’ expenditure. Whilst cash reserves are currently in excess of this level, the Trustees are aware that these spare reserves will likely be used over coming years to meet the planned nearterm deficit of increasing budgets as part of the 2025 Ministry Plan. Members are therefore reminded at each Members meeting (twice yearly) of the need for underlying income to increase from new or increased standing orders and/or one-off gifts / legacies. However, on the basis of repeated past experience we remain confident in God’s provision of funds to enable the works and ministries of the Church to develop in the current year in the way God leads us.
8 GRANT MAKING POLICY
The Trustees are committed to giving money from the General Fund to Missionary Support and Charitable Giving. The decisions about which individuals and organisations are to be supported by grants is delegated by the Trustees to the Missions Partners Team. The trustees set the budget for this annually. Any new regular support grants proposed by that team require the approval of the Trustees. We do not consider applications for such grants from third parties. One responsibility of the Missions Partners Team is to review how best to utilise the available resources and thereby give effective support to individuals and organisations linked to the Church. Unconditional grants are awarded to many such individuals and organisations.
8 FUTURE PLANS
We continue to be guided by the Great Commission Jesus gave his followers in Matthew 28 to ‘Go’ and make disciples. Our desire to grow partnership with other like-minded local churches remains and has been strengthened by our growing role in the Worcestershire Gospel Partnership, which we played a founding role in.
On behalf of the Managing Trustees,
Richard Lacey
Richard Lacey (Sep 17, 2025 17:15:19 GMT+1)
Richard Lacey Lead Pastor
Date: Sep 17, 2025
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Woodgreen Evangelical Church
Statement of Financial Activities for the year ended 31 March 2025
| Notes Income and endowments from: Donations and Legacies 3 Charitable Activities 4 Other Trading Activities 5 Investment Income 6 Other 7 TOTAL Expenditure on: Charitable Activities 8 TOTAL Net incoming / (outgoing) resources before transfers Transfers between funds Net incoming (outgoing) resources for the year Funds brought forward at 1 April 2024 Funds, 31 March 2025 |
Un-Restricted Restricted Total Total General Fund 2025 2025 2025 2024 £ £ £ £ 373,259 20,438 393,697 348,844 21,369 - 21,369 21,467 1,014 - 1,014 1,527 13,171 - 13,171 11,304 2,135 - 2,135 1,476 |
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| 410,948 20,438 431,386 384,658 427,714 20,438 448,153 413,082 |
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| 427,714 20,438 448,153 413,082 -16,767 - -16,767 -28,424 - - - - |
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| -16,767 - -16,767 -28,424 677,677 - 677,677 706,101 |
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| 660,910 - 660,910 677,677 |
Movements on reserves and all recognised gains and losses are shown above.
The notes on pages 10-15 form part of these accounts.
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Woodgreen Evangelical Church
BALANCE SHEET AS AT 31 MARCH 2024
| Notes FIXED ASSETS Tangible fixed assets 11 CURRENT ASSETS Debtors & Prepayments 12 Cash at bank and in hand 13 CURRENT LIABILITIES Sundry creditors 14 NET CURRENT ASSETS NET ASSETS UNRESTRICTED FUNDS 15 Capital Reserve General Fund RESTRICTED FUNDS 15 Restricted Funds TOTAL FUNDS Amounts falling due within one year |
2025 £ 493,726 4,701 5,028 177,028 190,220 181,730 195,248 14,545 36,024 14,545 36,204 167,184 660,910 493,726 167,185 660,910 0 660,910 |
2024 £ 518,454 159,223 |
|---|---|---|
| 677,677 | ||
| 518,453 159,224 |
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| 677,677 0 |
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| 677,677 |
The accounts were approved by the trustees on and signed on their behalf by: Sep 19, 2025
Donald Beckett
Donald Beckett (Sep 19, 2025 08:21:30 GMT+1)
Donald Beckett [Trustee]
The notes on pages 10-15 form part of these accounts.
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WOODGREEN EVANGELICAL CHURCH
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2025
1 Statutory Information
The charity is registered in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.
The principles adopted in the preparation of the financial statements are set out below.
There were no post-balance sheet events that required disclosure in these accounts.
a) Going concern
The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
| c) | i) ii) Expenditure Income from donations and legacies includes: Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured. Legacies. Income from legacies is recognised when a distribution is received from the estate. Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from Seniors Lunch Club, Art Group and Fellowship Hour, Toddler Groups and One off events Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income from sale of Christian books and the youth tuck shop. Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest. Other income comprises of the sale of Christian books. The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity. Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably. The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity. |
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Expenditure on raising funds comprises the costs incurred on fundraising for specific projects.
The charity's overheads, being costs that have not been incurred directly on a charitable activity, have been disclosed separately in the notes under the heading 'Costs incurred on support and administration'. Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
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| d) e) f) g) h) i) j) k) l) m) n) |
Fund accounting Tangible fixed assets Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Continuing Reducing Balance Leased assets Pension scheme arrangements Taxation Financial instruments i) ii) iii) Exemption from preparing a cashflow statement Critical accounting estimates and areas of judgement i) ii) These financial statements are presented in sterling, which is the charity's functional currency. Income and expenditure denominated in a foreign currency is translated, where applicable, into sterling at the exchange rate prevailing on the date of the Intangible fixed assets The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable. Foreign Currency Translation Investments There are currently no investments held. There are currently no leased assets. The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds. The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income. The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years). ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant: The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances. The constructive obligation for grants payable is based on an assessment of the likely duration of the supported activity. Again this estimate is re-assessed annually and the obligation is adjusted to reflect current expectations. Monetary assets and liabilities denominated in a foreign currency are re-translated at the exchange rate prevailing at the balance sheet date. Non-monetary assets are measured at historic cost at the rate of exchange prevailing on the date of the transaction and are not subsequently re-translated. All differences arising from the application of the above policy are charged (or credited) to the Statement of Financial Activities. The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period. The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement. There are no intangible fixed assets Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis, unless noted otherwise, so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation 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. |
|---|---|
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| 3. Income from Donations and Legacies Gift Aid Donations Non Gift Aid Donations Gift Aid Refunds Donations and Legacies 4. Income from Charitable Activities Events/Groups 5. Income from Other Trading Activities Sales of Christian Books 6. Income from Investments Interest Income Church Hire 7. Other Income Sundry Income 8. Charitable Activities Expenditure a. Costs incurred directly on specific activities Other church outreach groups Young Church & youth activities Training Catering Bank charges Telephone FIEC donations & fees Grants Payable 9 Outreach & advertising Ministry Costs 10 Music & Software licenses Repairs maintenance and equipment Equipment not capitalised Gas, electricity & water General cleaning materials Computer and Internet Expenses |
Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 216,216 - 216,216 102,897 - 102,897 54,146 - 54,146 - 20,438 20,438 373,259 20,438 393,697 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 21,369 - 21,369 21,369 - 21,369 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 1,014 - 1,014 1,014 - 1,014 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 3,276 - 3,276 9,895 - 9,895 13,171 - 13,171 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 2,135 - 2,135 - - - 2,135 - 2,135 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 10,402 - 10,402 6,634 - 6,634 99 - 99 10,640 - 10,640 1,544 - 1,544 818 - 818 6,504 - 6,504 46,767 - 46,767 789 - 789 246,037 20,438 266,475 2,171 - 2,171 15,211 - 15,211 11,787 - 11,787 15,933 - 15,933 4,670 - 4,670 331 - 331 380,338 20,438 400,776 |
Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 198,744 - 198,744 88,602 - 88,602 50,726 - 50,726 - 10,812 10,812 |
|---|---|---|
| 338,072 10,812 348,884 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 21,467 - 21,467 |
||
| 21,467 - 21,467 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 1,527 - 1,527 |
||
| 1,527 - 1,527 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 2,556 - 2,556 8,748 - 8,748 |
||
| 11,304 - 11,304 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 1,476 - 1,476 - - - |
||
| 1,476 - 1,476 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 11,245 - 11,245 5,769 - 5,769 3,427 - 3,427 10,325 - 10,325 1,496 - 1,496 866 - 866 6,024 - 6,024 41,900 - 41,900 715 - 715 233,307 10,812 244,119 1,895 - 1,895 1,809 - 1,809 8,710 - 8,710 20,520 - 20,520 4,244 - 4,244 1,284 - 1,284 |
||
| 353,536 10,812 364,348 |
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- Charitable Activities Expenditure (continued)
| b. Costs incurred on support and administration Governance Costs 17 Printing postage and stationery Professional Fees Depreciation 11 Insurance TOTAL 9. Grants Payable Organisations Africa Inland Mission Slavic Gospel Association Gaines Centre / Camp XL UFM Worldwide Metropolitan Mission Japan Christian Link Good Soil project Open Doors Association of Evangelists Latin Link South Africa Mission Gifts <£1,000 (8) Individuals Gifts <£1,000 (5) Gifts >£1,000 (2) |
2,500 - 2,500 3,986 - 3,986 10,350 - 10,350 26,527 - 26,527 4,013 - 4,013 47,377 - 47,377 427,714 20,438 448,153 Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 9,850 - 9,850 3,800 - 3,800 3,400 - 3,400 2,400 - 2,400 4,230 - 4,230 3,600 - 3,600 5,500 - 5,500 1,200 1,200 - - - - - - - - - 3,417 - 3,417 3,370 - 3,370 6,000 - 6,000 46,767 - 46,767 |
2,900 - 2,900 4,000 - 4,000 9,278 - 9,278 28,768 - 28,768 3,788 - 3,788 |
|---|---|---|
| 48,734 - 48,734 |
||
| 402,270 10,812 413,082 |
||
| Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 9,000 - 9,000 2,100 - 2,100 2,400 - 2,400 2,400 - 2,400 1,500 - 1,500 3,600 - 3,600 4,850 - 4,850 - - - 1,080 - 1,080 1,000 - 1,000 1,600 - 1,600 1,300 - 1,300 2,970 - 2,970 8,100 - 8,100 |
||
| 41,900 - 41,900 |
The church supports missionaries in the UK and internationally. Where a particular missionary has been supported by the church for a number of years, strict compliance with the Charities' Statement of Recommended Practice (SORP) may suggest some arrangements as constituting constructive obligations such that future years' support is accounted for in these accounts as a liability. Whilst the support has no final end date in some cases, the church officers assess missionary funding on an annual basis and are confident that they have not communicated a specific commitment nor would missionaries view their support as open ended obligations by the church. The charity has taken advantage of an exemption conferred by the Charities SORP and has not disclosed the names of some grant receiving institutions as they operate in territories where Christians are persecuted; the disclosure of this information would be prejudicial.
| 10. Ministry Ministry salaries Visiting speakers Reimbursement of ministry expenses Cleaner / Church Manager / Administrator |
Un-Restricted Restricted General Fund Total 2025 2025 2025 £ £ £ 179,722 20,438 200,160 49,874 - 49,874 1,500 - 1,500 14,941 - 14,941 246,037 20,438 266,475 |
Un-Restricted Restricted General Fund Total 2024 2024 2024 £ £ £ 174,516 10,812 185,328 47,235 - 47,235 1,608 - 1,608 9,948 - 9,948 |
|---|---|---|
| 233,307 10,812 244,119 |
The average number of staff engaged during the year was 9(4 Full-time 5 Part-time). (2024 - 10 ). 2025 2024
| Gross Salaries & Wages Employer's National Insurance Contributions Pension Contributions |
£ £ 221,959 207,538 20,968 13,704 12,107 11,321 |
|---|---|
| 255,034 232,563 |
No employees received emoluments in excess of £60,000 during the 12-month period. (2024 - 0 in the 12-month period) Included above are the employment and ministry costs of Rev Richard Lacey (Lead), Duncan Cobbett (Associate) and Tom Davenport (Assistant). paid to them in their capacity as ministers of the church and not as trustees as permitted by the governing document. No expenses were paid to, or for, the trustees other than expenses incurred when acting as agent for the Charity or incurred when undertaking employment duties when not serving as a trustees.
The total remuneration for the Key Management Team amounted to £169,466 for the 12-month period (2024- £149,974 for the 12-month period ) Key Management Personnel who are also trustees:
Other than as disclosed in this note there were no related party transactions.
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- Ministry (continued)
| continued) | |
|---|---|
| Salary Pension |
2025 2024 2025 2024 2025 2024 54,963 52,850 38,681 37,193 21,597 9,636 4,042 3,915 2,321 2,232 1,296 578 Lead Pastor Associate Pastor Assistant Pastor |
| 59,005 56,765 41,002 39,425 22,893 10,214 |
The donations contributed by the trustees in 2024-2025, for the period of being a trustee, amounts to £41,210 for the 12-month period, (2024-£38,580 for the 12-month period) This amount is an aggregate disclosure of the total amount of donations received from trustees and related parties. Related parties comprise of all linear relations (children, parents, grandparents) and also siblings, further extending to include the spouses of all these relations.
| 11. Tangible Fixed Assets Cost , 1 April 2024 Additions at 31 March 2025 Depreciation, 1 April 2023 Charge for the year ( Capital Reserve) Charge for the year ( General Fund ) at 31 March 2024 Net Book Value at 31 March 2025 at 31 March 2024 12. Debtors and Prepayments Income tax recoverable Prepayments 13. Cash at Bank & in Hand National Westminster Bank Plc Kingdom Bank 14. Creditors and Accruals Women's Weekend Away HopeFest Ticket Sales Ministry Expences Women's Events South Africa Mission Trip FIEC 100 Grant - Assistant Pastor Other creditors Independent examiner Tax and Pension Payments Due |
Freehold Fixtures Total Premises Fittings & Equipment £ £ £ 900,309 245,631 1,145,940 - 1,800 1,800 |
|---|---|
| 900,309 247,431 1,147,740 |
|
| 414,139 213,348 627,487 18,006 - 18,006 - 8,521 8,521 |
|
| 432,145 221,869 654,014 |
|
| 468,164 25,562 493,726 |
|
| 486,170 32,284 518,454 |
|
| 2025 2024 £ £ 4,401 5,028 300 - 4,701 5,028 2025 2024 88,411 103,813 88,618 86,407 177,028 190,220 2025 2024 1,654 1,257 500 30 2,284 - 446 - - 234 - 2,525 - 20,438 386 2,152 2,760 2,900 6,515 6,488 14,545 36,024 |
FIEC 100 Grant has been received to fund a trainee Assistant Pastor part-time from October 2023 for 2 years.
| 15. Movement in Funds Unrestricted Funds Capital Reserve General funds Restricted Funds Grants Payable Total |
Balances Incoming Resources Balances Balances Incoming Resources Balances April 1 2024 Transfers Resources Expended March 31 202April 1 2023 Transfers Resources Expended March 31 2024 £ £ £ £ £ £ £ £ £ £ 518,453 - 1,800 26,527 493,726 529,389 - 17,832 28,768 518,453 159,224 - 409,148 401,188 167,185 176,712 - 356,014 373,502 159,224 677,677 - 410,948 427,715 660,910 706,101 - 373,846 402,270 677,677 - - 20,438 20,438 - - - 10,812 10,812 - - - 20,438 20,438 - - - 10,812 10,812 - 677,677 - 431,386 448,153 660,910 706,101 - 384,658 413,082 677,677 |
|---|---|
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| 16. Analysis of Net Assets Between Funds Unrestricted Funds Capital Reserve General Fund Restricted Funds FIEC Grants |
Tangible Net Current Total Fixed Assets Assets 2025 £ £ £ Unrestricted Funds 493,726 - 493,726 Capital Reserve - 167,185 167,185 General Fund 493,726 167,185 660,910 Restricted Funds - - - FIEC Grants 493,726 167,185 660,910 |
Tangible Net Current Total Fixed Assets Assets 2024 £ £ £ 518,453 - 518,453 - 159,224 159,224 |
|---|---|---|
| 518,453 159,224 677,677 - - - |
||
| 518,453 159,224 677,677 |
The Capital Reserve is Unrestricted Funds set aside to represent the historic value of the Church land & buildings and fixtures and fittings after applying depreciation.
- Governance Costs 2025 2024 £ £ Fee for Independent Examination 2,500 2,900 Total 2,500 2,900
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
WOODGREEN EVANGELICAL CHURCH
I report to the trustees on my examination of the accounts of Woodgreen Evangelical Church Trust for the year ended 31 March 2025 on pages 8 to 15, which have been prepared on the basis of the accounting policies set out on page 10 - 11.
Responsibilities and basis of report
As the charity’s trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 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 Act.
Independent examiner’s statement
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
Nick Spear
Nick Spear (Sep 19, 2025 08:41:40 GMT+1)
Nick Spear ACCA Member of the Association of Chartered Cerified Accountants
Stewardship 1 Lamb's Passage London EC1Y 8AB
DATE: Sep 19, 2025
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