Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F ## **Trustees' Annual Report for the period** **From 1 October 2024** to **30 September 2025** **Charity name: Compassion Network UK Charity registration number: 1194141** ## **Objectives and Activities** |**Objectives and Activities**||| |---|---|---| |**Summary of the purposes of**
**the charity as set out in its**
**governing document**|Para 1.17|To advance the Christian faith throughout Wales and
the UK for the benefit of the public mainly but not
exclusively through the holding of prayer meetings,
religious education and to provide outreach and
pastoral care for the community.| |**Summary of the main**
**activities in relation to those**
**purposes for the public**
**benefit, in particular the**
**activities, projects or services**
**identified in the accounts.**|Para 1.17 and
1.19|During the year to 30 September 2025, Compassion
Network UK ran its work from its premises in Bridgend.
All of the activities below sit within the charity’s objects
of advancing the Christian faith and providing outreach
and pastoral care for the community, and each is run
for the benefit of the public. Our focus was on helping
people through hardship, supporting young people
with their education, and giving the town a welcoming
place to meet.
**Warm Hub and church kitchen renovation**
With energy costs and the cost of living still high, the
charity renovated the kitchen at its church premises so
it could run the Warm Hub safely and reliably. The new
kitchen let us prepare and serve food and gave people
a warm place to come together. One Saturday a month
we served a free breakfast, around 30 each month, to
people in the local community, and handed out
emergency items to people who are homeless or in
housing need. These mornings drew between 19 and
30 people. Volunteers were there to sit and talk with
anyone who wanted company. The Warm Hub was
funded by a grant from the Bridgend Association of
Voluntary Organisations (BAVO).
**Food Sufficiency programme**
With support from a Food Sufficiency grant, the charity
gave out around 25 food parcels a month, rising to
about 30 over winter, to families and individuals in
Bridgend who were struggling to afford food. This
helped people through difficult weeks and made sure
they had enough to eat.
**The Link Coffee House and Homework Hub**
The charity kept The Link running, a community coffee
house that gives people an affordable, friendly place to
meet. During the year the charity bought food and| Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F |||supplies to keep it going. Inside The Link we ran a
Homework Hub for young people in Bridgend. On
average 12 came each week for free Wi-Fi and help
from a trained teacher with tutoring and homework.
For young people who do not have a quiet place to
work or the internet at home, it gave them somewhere
to study and someone to ask.
**Children's Music Project**
The charity carried on its children's music project,
giving children and young people the chance to play
instruments and take part in music. It helped their
confidence, wellbeing and development.
**Women's Conference**
Around 140 women came to the charity's annual
Women's Conference. With workshops, speakers and
time to meet others, the day was there to encourage
and support women from all walks of life and to help
them feel less alone.
**Leadership and ministry training**
The charity opened a London School of Ministry
satellite in Bridgend, bringing biblical training closer to
home. Four students worked towards a diploma, and a
Foundations class ran for those just starting out, with
10 to 12 people finishing the course. The charity also
ran Prayer and Deliverance training and Five-Fold
Ministry training to help people serve and lead in their
churches and communities.
**Partnership with Hope Centre Ministries Cwmbran**
The charity continued to work with Hope Centre
Ministries Cwmbran to support people recovering from
addiction. We gave them space to meet, helped with
life-skills training, and offered a place to talk and a
weekly Bible study, so people in recovery had support
and company along the way.
Taken together, this work reflects what the charity was
set up to do: advance the Christian faith and provide
outreach and pastoral care, helping people out of
hardship, supporting education and looking after
people’s wellbeing.| |---|---|---| |**Statement confirming**
**whether the trustees have had**
**regard to the guidance issued**
**by the Charity Commission on**
**public benefit**|Para 1.18|We confirm that Compassion Network UK’s trustees
have had regard to the Charity Commission’s guidance
on public benefit when planning and delivering the
charity’s activities. The charity’s activities are provided
as outreach and pastoral care for the benefit of the
public in Bridgend and the wider community and are
open to all, regardless of background or belief. Any
benefit to particular individuals is incidental to the
charity’s charitable purposes.| ## **Additional information** Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F |**Policy on grant making**|Para 1.38|The charity made small charitable donations and gifts
to support individuals and connected community
activities in furtherance of its objects, at the discretion
of the trustees.| |---|---|---| |**Contribution made by**
**volunteers**|Para 1.38|None of this would happen without our volunteers, a
team of around 55 people who each gave about five
hours a week. They tutored in the Homework Hub,
cooked and served breakfasts, handed out emergency
items and food parcels, helped run The Link, and
supported the work with Hope Centre Ministries
Cwmbran, where retired and visiting ministers led the
weekly Bible studies.
Their time is not counted in the accounts, but without
it the charity could not do nearly as much.| ## **Achievements and Performance** - **Summary of the main** Para 1.20 Here is what the charity’s work achieved during the **achievements of the charity,** year and the difference it made to people in Bridgend. **identifying the difference the** ● **Hardship and homelessness:** The monthly **charity’s work has made to** Warm Hub served around 30 free breakfasts **the circumstances of its** and drew 19 to 30 people each time, and we - **beneficiaries and any wider** gave out emergency items to people who are - **benefits to society as a whole.** homeless or in housing need. People got a warm meal, practical help, and someone to talk to. - **Food:** The Food Sufficiency programme gave out around 25 food parcels a month, up to 30 in winter, to families and individuals who were struggling. - ● **Young people’s education:** The Homework Hub gave around 12 young people a week a quiet place to study, free Wi-Fi and a trained teacher to help with their work. One parent told us: _“The Homework Hub not only improved my child’s grades, but it also was a safe space in Bridgend for them to study.”_ - ● **Wellbeing and connection:** The Women’s Conference brought around 140 women together, and with The Link and the children’s music project, gave people ways to meet, take part and feel less isolated. - ● **Facilities:** The new church kitchen is a lasting improvement that will support the Warm Hub and other activities for years. - ● **Training and recovery:** Through the new London School of Ministry satellite, four students worked towards a diploma and 10 to 12 finished the Foundations course, with Prayer and Deliverance and Five-Fold Ministry training alongside. The work with Hope Centre Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F Ministries Cwmbran carried on supporting people in recovery. Taken together, the year helped people through hard times, supported learning and built stronger ties across the community. ## **Plans for Future Periods** Since the year end there have been some changes in leadership. Rev Christopher Turner has become Senior Pastor, and Scott Hampton has been appointed Lead Pastor of the Bridgend Location. As part of the charity’s aim to advance the Christian faith across Wales and the UK, its leadership is also involved in wider church revitalization and planting work, including with International Evangelical Church Bridgend and Pentecostal Holiness Church Bristol. That work runs through a separate charity but shares the same purpose of training, revitalising and planting churches. Looking ahead, the trustees plan to keep the Warm Hub, Food Sufficiency, Homework Hub and ministry training going, and to strengthen the charity’s governance and finances. ## **Financial Review** |**Financial Review**||| |---|---|---| |**Review of the charity’s**
**financial position at the end of**
**the period**|Para 1.21|The charity’s financial position strengthened during the
year. Total income was £19,230 (2024: £16,350),
comprising donations of £11,730 (2024: £3,950) and
restricted grants of £7,500 (2024: £12,400). Total
expenditure was £15,224 (2024: £16,716).
This resulted in a net surplus of £4,006 for the year
(2024: deficit of £366). Total funds carried forward at
30 September 2025 were £16,521 (2024: £12,515),
comprising restricted funds of £11,778 and
unrestricted funds of £4,743. During the year the
charity invested £5,763 in tangible fixed assets,
principally the church kitchen renovation and
equipment supporting the Warm Hub and other
activities.
The charity had no outstanding loans or borrowings
during the year. Creditors falling due within one year at
30 September 2025 were £2,010 (2024: £960),
comprising accruals for the independent examination
and related costs.
The trustees consider the charity’s financial position to
be sound and have managed the charity’s resources
effectively to maximise charitable output.| |**Statement explaining the**
**policy for holding reserves**
**stating why they are held**|Para 1.22|The trustees aim to hold sufficient reserves to ensure
the continuity of the charity’s operations and to cover
planned expenditure. Unrestricted funds are available
to meet essential governance and administrative costs
and to respond to needs as they arise. Restricted funds
are held and applied in accordance with the specific
terms imposed by donors.| |**Amount of reserves held**|Para 1.22|Total funds: £16,521
Restricted funds: £11,778
Unrestricted funds: £4,743| Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F |**Reasons for holding zero**
**reserves**|Para 1.22|N/A| |---|---|---| |**Details of fund materially in**
**deficit**|Para 1.24|N/A| |**Explanation of any**
**uncertainties about the**
**charity continuing as a going**
**concern**|Para 1.23|The trustees have a reasonable expectation that the
charity has adequate resources to continue in
operational existence for the foreseeable future. There
are no material uncertainties about the charity’s ability
to continue as a going concern.| |**Additional information**||| |**The charity’s principal sources**
**of funds (including any**
**fundraising)**|Para 1.47|The charity’s work is made possible through the
generous support of grant-making bodies and public
donations. Principal grant funding this year was
received from the Bridgend Association of Voluntary
Organisations (BAVO), comprising a Food Sufficiency
grant of £6,000 and a Warm Hub grant of £1,500.
Donations from the public and supporters provided a
vital source of unrestricted income of £11,730.| |**Investment policy and**
**objectives including any social**
**investment policy adopted**|Para 1.46|The charity does not hold any investments. Its funds
are held as cash at bank and as tangible fixed assets
(fixtures, fittings and equipment) used directly in the
delivery of its charitable activities. The trustees keep
the charity’s reserves under regular review to ensure
resources are applied prudently to further the charity’s
objects.| |**A description of the principal**
**risks facing the charity**|Para 1.46|The trustees regularly review the principal risks to
which the charity is exposed and maintain systems and
controls to manage them. The main risks identified are:
● **Funding:**As a small charity, the charity relies
on grants and donations. Income can vary year
to year. The trustees seek to diversify funding
sources and maintain reserves to manage this
risk.
● **Reliance on volunteers:**The charity depends
on volunteers to deliver its activities. The
trustees continue to recruit, support and retain
a committed volunteer team.
● **Safeguarding:**The charity works with children
and young people and with vulnerable adults.
The trustees maintain a safeguarding policy
and appropriate checks and training to keep
beneficiaries safe.
● **Premises and operations:**The charity relies on
its premises to deliver its activities. Investment
in the kitchen renovation and equipment has
improved the resilience of its facilities.| **Structure, Governance and Management** Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F |**Description of charity’s trusts**||Constitution: CIO Foundation. Registered 19 April 2021.| |---|---|---| |**Type of governing document**
**(trust deed, royal charter)**|Para 1.25|The charity is governed by a CIO Foundation
constitution.| |**How is the charity**
**constituted? (e.g.**
**unincorporated association,**
**CIO)**|Para 1.25|Charitable Incorporated Organisation (CIO).| |**Trustee selection methods**
**including details of any**
**constitutional provisions e.g.**
**election to post or name of**
**any person or body entitled to**
**appoint one or more trustees**|Para 1.25|Trustees are appointed in accordance with the
provisions set out in the charity’s governing document.| |**Additional information**||| |---|---|---| |**Policies and procedures**
**adopted for the induction and**
**training of trustees**|Para 1.51|New trustees are briefed on the charity’s objects,
activities, finances and their responsibilities as charity
trustees, and are directed to relevant Charity
Commission guidance.| |**Safeguarding**|Para 1.51|The charity is committed to keeping children, young
people and vulnerable adults safe. The trustees have
adopted a safeguarding policy and follow safer-
recruitment practices, including DBS checks for
volunteers and staff working with children and
vulnerable adults where required, and have appointed
a designated safeguarding lead.| |**The charity’s organisational**
**structure and any wider**
**network with which the**
**charity works**|Para 1.51|The charity is managed by its board of trustees,
supported by volunteers. The charity operates
community activities under a number of working
names, including The Link Coffee House. It works in
partnership with local funders and community
organisations, including the Bridgend Association of
Voluntary Organisations (BAVO), Hope Centre
Ministries Cwmbran and the London School of Ministry.| |**Relationship with any related**
**parties**|Para 1.51|The Link Coffee House Ltd (company registration
number 13453193) is a company under common
control. At the year end a balance of £247 (2024:
£2,101) was due to the charity from The Link Coffee
House Ltd. Related party transactions are disclosed in
the notes to the financial statements.| ## **Reference and Administrative details** |**Charity name**|Compassion Network UK| |---|---| |**Other name(s) the charity uses**|Compassion, Compassion Café, The Link Coffee House, Compassion
Church, Compassion Coffee House, Compassion Internship (all
working names)| |**Registered charity number**|1194141| |**Charity’s principal address**|77A Nolton Street, Bridgend, Mid Glamorgan, CF31 3AE| Docusign Envelope ID: 0DFB7F4C-48D8-8C12-8395-742E559C970F **Names of the charity trustees who managed the charity during the period** |**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of**
**person/body**
**entitled to appoint**
**trustee (if any)**| |---|---|---|---| |Rev Christopher Turner|Chair|Whole year|| |Derrick Gardner|Trustee|Whole year|| |Eniola Isaacs|Trustee|Whole year|| |Rev Harold Presley|Trustee|Whole year|| |Scott Hampton|Secretary|Whole year|| ## **Changes in the board of trustees since the year end** In October 2025, following a period of prayer and discernment, Rev Christopher Turner stepped into the role of Senior Pastor and Scott Hampton was appointed Lead Pastor of the Bridgend Location. In light of his new pastoral responsibilities, and to avoid any conflict of interest, Scott Hampton resigned from the Board of Trustees by a vote of affirmation of the trustees. Julia Goldsworthy was appointed to the Board as Secretary/Treasurer, strengthening the charity’s financial oversight and bringing valuable experience in governance and community engagement. **Names and addresses of advisers** |**Independent Examiner**|R.H. Jeffs & Rowe Limited, Chartered Accountants, 27/28
Gelliwasted Road, Pontypridd, CF37 2BW| |---|---| |**Principal Bankers**|Lloyds Bank, 18 Wyndham Street, Bridgend, CF31 1EQ| ## **Funds held as custodian trustee on behalf of others** The charity did not hold any funds or assets as a custodian trustee on behalf of others during the year. ## **Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: |||| |---|---|---| |**Signature**||| |**Full name**|Rev Christopher L. Turner|Julia Goldsworthy| |**Position**|Chair|Secretary / Treasurer| |**Date**|7/27/2026|7/27/2026| **Charity Registration number: 1194141** **Compassion Network UK Charitable Incorporated Organisation** ## **Independent Examiners Report and Financial Statements** **for the Year Ended 30 September 2025** ## **Compassion Network UK** ## **Contents** ||**Page**| |---|---| |Charity Information|**1**| |Independent Examiner's Report|**2**| |Statement of Financial Activities|**3**| |Balance Sheet|**4**| |Notes to the Financial Statements|**5 - 12**| ## **Compassion Network UK** ## **Charity Information** |Constitution|Compassion Network UK is a Charitable Incorporated| |---|---| ||Organisation| |Charity Number|1194141| |Trustees|Rev Christopher Turner| ||Derrick Gardner| ||Eniola Isaacs| ||Julia Goldsworthy| ||Rev Harold Presley| |Principal & Registered Office|Compassion Network UK| ||77A Nolton Street| ||Bridgend| ||Mid Glamorgan| ||CF31 3AE| |Principal Bankers|Lloyds Bank| ||18 Wyndham Street| ||Bridgend| ||CF31 1EQ| |Independent Examiners|R.H. Jeffs & Rowe Ltd| ||Chartered Accountants| ||27/28 Gelliwasted Road| ||Pontypridd| ||CF37 2BW| **Page 1** ## **Independent Examiner's Report to the Trustees of Compassion Network UK** I report to the trustees on my examination of the financial statements of Compassion Network UK ('the charity') for the year ended 30 September 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed. ## **Responsibilities and Basis of Report** As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements 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. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement. ## **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: - accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements 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. 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 financial statements to be reached. Robert Thomas B.Sc F.C.A. For and Behalf of R.H. Jeffs & Rowe Ltd Chartered Accountants Pontypridd Date: 24 July 2026 **Page 2** ## **Compassion Network UK** ## **Statement of Financial Activities** ## **for the Year Ended 30 September 2025** |||||**Total**|**Total**|| |---|---|---|---|---|---|---| ||**Notes **|**Unrestricted**|**Restricted**|**2025**|**2024**|| |||**£**|**£**|**£**|**£**|| |**Income & Endowments**||||||| |Grants|**2**|-|7,500|7,500|12,400|| |Donations|**2**|11,730|-|11,730|3,950|| |**Total Income & Endowments**||11,730|7,500|19,230|16,350|| |**Expenditure**||||||| |Charitable Activities|**3**|10,093|4,081|14,174|15,756|| |Governance Costs|**3**|1,050|-|1,050|960|| |**Total Expenditure**||11,143|4,081|15,224|16,716|| |**Movement in Total Funds for the Year:**||||||| |**Net Incoming/(Outgoing) Resources**|**4**|587|3,419|4,006|(366|)| |**Fund Balances Brought Forward**||4,156|8,359|12,515|12,881|| |**Fund Balances Carried Forward**||4,743|11,778|16,521|12,515|| The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. **Page 3** ## **Compassion Network UK** ## **Balance Sheet as at 30 September 2025** |**Notes**
**Fixed Assets**
Tangible Assets
**7**
**Current Assets**
Debtors
**8**
Cash at Bank and in Hand
**Creditors: Amounts Falling**
**Due Within One Year**
**9**
**Net Current Assets**
**Net Assets**
**Funds**
Unrestricted Funds
Restricted Funds
**12**|**2025**
**£**
247
4,860
5,107
)
(2,010|**£**
13,424
3,097
16,521
4,743
11,778
16,521|**2024**
**£**
2,101
766
2,867
)
(960|**£**
10,608
1,907| |---|---|---|---|---| |||||12,515| |||||4,156
8,359| |||||12,515| The notes on pages 5 - 12 form part of these accounts. The financial statements were approved by the Trustees on 22 July 2026 and signed on its behalf by :- ## Derrick Gardner **Trustee** **Page 4** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** ## **1. Accounting policies** ## **1.1. Statutory Information** Compassion Network UK is a Foundation Charitable Incorporated Organisation registered in England and Wales. The registered office is 77A Nolton Street, Bridgend, Mid Glamorgan, Wales, CF31 3AE. The nature of the charity's operations and principal activities is disclosed within the Trustees Report. The financial statements are presented in Sterling (£), the charities functional currency, and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **1.2. Basis of preparation and assessment of going concern.** The financial statements have been prepared under the historical cost convention, with items recognised at cost or transaction value unless otherwise stated in these notes. They have been prepared in accordance with the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK (FRS 102), and the Charities Act 2011. The Charities SORP is based on FRS 102 and provides a framework for accounting and reporting by charities in the UK. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The charity constitutes a public benefit entity as defined by FRS 102. ## **Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. The trustees confirm that as far as they are aware, there is no relevant information of which the charities examiner is unaware; and that they have taken all the steps that they ought to have taken to make themselves aware of any relevant information and to establish that the examiner is aware of that information. ## **1.3. Taxation** The concern, being a charity, is not liable for Tax on its charitable activities. **Page 5** ## **Compassion Network UK** ## **Notes to the Financial Statements** ## **for the Year Ended 30 September 2025** .................... continued ## **1.4. Income & Endowments** All Income & Endowments are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: - a. Voluntary income is received by way of donations, gifts and unconditional grants and are included in full in the Statement of Financial Activities when receivable. - b. Where income is dependent upon performance and specific deliverables, income is included in the Statement of Financial Activities as the charity earns the right to consideration by its performance. - c. Where relevant, donated services and assets are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. - d. Investment income is included when receivable. ## **1.5. 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 settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. Expenditure includes any VAT which cannot be fully recovered. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis. ## **1.6. Tangible Fixed Assets and Depreciation** Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, Fittings & Equipment - 20% straight line basis per annum. **Page 6** ## **Compassion Network UK** ## **Notes to the Financial Statements** ## **for the Year Ended 30 September 2025** .................... continued ## **1.7. Fund Accounting** The unrestricted funds of the charity comprise those monies which are available to be used towards the meeting of the charitable objectives of the charity at the discretion of the Management Committee. The restricted funds are monies raised or received for a specific purpose and accounted for in accordance with the donors imposed conditions. ## **1.8. Debtors** Trade debtors and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any discounts due. ## **1.9. Creditors** Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. ## **2. Income & Endowments** ||**2025**|**2024**| |---|---|---| ||**£**|**£**| |Included within Income & Endowments for the Year are:||| |**Grants:**||| |Bridgend Association Food Sufficiency Grant|6,000|-| |Bridgend Association Warm Hub Grant|1,500|-| |National Grid|-|10,000| |Benefact Trust|-|2,400| ||7,500|12,400| |**Donations**|11,730|3,950| ||19,230|16,350| **Page 7** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** .................... continued ## **3. Total Expenditure** |**Total Expenditure**|||||||| |---|---|---|---|---|---|---|---| ||||**Mental Health**||||| ||**Basis of**||**/ Children in**|**Warm Hub**|**Food**|**Total**|**Total**| ||**Allocation**|**Unrestricted**|**Music Project**|**Project**|**Sufficiency**|**2025**|**2024**| |||**£**|**£**|**£**|**£**|**£**|**£**| |**Charitable Activities**|||||||| |Church Maintenance|Direct|1,150|-|134|-|1,284|-| |Donations Paid|Direct|1,000|-|500|-|1,500|310| |Donations - Homework Hub|Direct|5,657|-|-|-|5,657|3,928| |Local Giving|Direct|-|-|-|-|-|10,000| |Sundry Costs|Direct|-|-|-|-|-|6| |Events|Direct|350|-|-|-|350|221| |Consumables|Direct|1,686|-|500|-|2,186|-| |General expenses|Direct|250|-|-|-|250|-| |Depreciation|Direct|-|2,451|52|444|2,947|1,291| |||10,093|2,451|1,186|444|14,174|15,756| |**Governance Costs**|||||||| |Independent Examiner's Fees|Direct|1,050|-|-|-|1,050|960| |||11,143|2,451|1,186|444|15,224|16,716| **Page 8** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** .................... continued |**4.**|**Net Incoming/(Outgoing) Resources**|||||| |---|---|---|---|---|---|---| ||**2025**|||**2024**||| ||This is stated after charging/(crediting):|**£**|||£|| ||Depreciation|2,947|||1,291|| ||Independent Examiners Fees|1,050|||960|| |**5.**|**Staff Costs**|||||| ||**2025**|||**2024**||| ||Staff costs during the year comprised of the following:|**£**|||**£**|| ||Wages and Salaries|-|||-|| |||-|||-|| ||The average number of employees during the year amounted to Nil (2024 : Nil).|||||| ||No employee was paid £60,000 or more during the year (2024 : Nil).|||||| The Trustees received no remuneration or benefits in connection with the performance of their duties. The Trustees also did not claim any expenses during the year. **Page 9** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** .................... continued ## **6. Comparatives for the Statement of Financial Activities** ||||||**Total**|| |---|---|---|---|---|---|---| ||**Unrestricted**||**Restricted**||**2024**|| ||**£**||**£**||**£**|| |**Income and Endowments**||||||| |Grants|-||12,400||12,400|| |Donations|3,950||-||3,950|| |**Total Income and Endowments**|3,950||12,400||16,350|| |**Expenditure**||||||| |Charitable Activities|537||15,219||15,756|| |Governance Costs|960||-||960|| |**Total Expenditure**|1,497||15,219||16,716|| |**Movement in Total Funds for the Year:**||||||| |**Net Incoming/(Outgoing) Resources**||||||| |**Before Transfers**|2,453||(2,819|)|(366|)| |**Transfer Between Funds**|(1,528|)|1,528||-|| |**Fund Balances Brought Forward**|3,231||9,650||12,881|| |**Fund Balances Carried Forward**|4,156||8,359||12,515|| **Page 10** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** .................... continued ## **7. Tangible Fixed Assets** |**7.**|**Tangible Fixed Assets**|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||**Fixtures,**|||||||||| ||||**Fittings &**|||||||||| ||||**Equipment**|||||**Total**||||| |||||**£**|||||**£**|||| ||**Cost**|||||||||||| ||At 1 October 2024|||12,249||||||12,249||| ||Additions|||5,763||||||5,763||| ||At 30 September 2025|||18,012||||||18,012||| ||**Depreciation**|||||||||||| ||At 1 October 2024|||1,641||||||1,641||| ||Charge for the Year|||2,947||||||2,947||| ||At 30 September 2025|||4,588||||||4,588||| ||**Net book values**|||||||||||| ||At 30 September 2025|||13,424||||||13,424||| ||At 30 September 2024|||10,608||||||10,608||| |**8.**|**Debtors**|||**2025**|||||**2024**|||| |||||**£**||||||**£**||| ||Amount owed by connected companies|||247||||||2,101||| |**9.**|**Creditors: Amounts Falling Due**|||||||||||| ||**Within One Year**|||**2025**|||||**2024**|||| |||||**£**||||||**£**||| ||Accruals|||2,010||||||960||| |**10.**|**Analysis of Net Assets Between Funds**|||||||||||| |||**Unrestricted**|**Restricted**|**Designated**||||**Total**||||| |||**£**|**£**|**£**|||||**£**|||| ||Tangible Fixed Assets|2,249|11,175||||-||13,424|||| ||Net Current Assets|2,494|603||||-|||3,097||| |||4,743|11,778||||-||16,521|||| **Page 11** ## **Compassion Network UK** ## **Notes to the Financial Statements for the Year Ended 30 September 2025** .................... continued ## **11. Related Party Transactions** During the year donations of £Nil (2024 : £Nil) were received from The Link Coffee House Ltd (a company under common control). During the year donations of £Nil (2024 : £Nil) were paid out to The Link Coffee House Ltd (a company under common control). At the year end there was a balance due of £247 (2024: £2101) from The Link Coffee House Ltd (a company under common control) ## **12. Restricted Funds** |**Restricted Funds**|||||||| |---|---|---|---|---|---|---|---| ||**At**|**Incoming**|**Outgoing**||||**At**| ||**01/10/24**|**Resources**|**Resources**||**Transfers**||**30/09/25**| ||**£**|**£**|**£**|||**£**|**£**| |Music Project|8,359|-|(2,451|)||-|5,908| |Warm Hub Project|-|1,500|(1,186|)||-|314| |Food Sufficiency|-|6,000|(444|)||-|5,556| ||8,359|7,500|(4,081|)||-|11,778| |Unrestricted|4,156|11,730|(11,143|)||-|4,743| ||12,515|19,230|(15,224|)||-|16,521| **Page 12**