DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Registered Charity Number: 1194671
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2025

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Contents of the Financial Statements for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7-14

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Trustee's. Report
For the year ended 31 March 2025
The Trustees present their annual report together wth the financial statements of Peckham Park Road Baptist
Church for the year ended 31 March 2025.
The Trustees confirm that the Annual report and financial statements of the charity comply with the current
statutory requirements, the requirements of the charity's governing document and the provisions of the
Statement of Recommended Practice Charities FRS 102 ISORPI Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
financial reporting standard applicable in the UK and Republic of Ireland {effeclive January 20151.
Charity Name.. Peckham Park Road Baptist Church
Charity registration number." 1194671
Registered office." Peckham Park Road Baptist, 121 Peckham Park Road, London, SE15 6SX
Board of Trustees:
The trustees in Offi￿ during the year were as follows..
Reverend Ann Luther (Chairl
Ms Winifred Kanu
Mrs Alice Jenkins
Andrew Simon Webber
Abiodun Opara
Accountants:
Moore Kingston Smith LLP, Orbital House, 20 Eastern Road, Romford RM13PJ
Objectives of the charity
The principal purposes of Peckham Park Road Baptist Church IPPRBCI are'.-
The advan￿ment of the Christian faith according to the principles of the Baptist denomination.
The Church may also advance education and carry out other charitable purposes in the United Kingdom andlor
other parts of the world.
Revigw of Progress
During this year the Church continued lo run a regular programme of weekly worship seNices and prayer and
study groups which are open to everyone. Our Sunday morning congregation has not returned to pre-covid
levels.
At present there are 56 members on the Church roll. During this year we have reviewed our membership
situation as people were unsure of membership criteria. We spent several months deciding what these should
be and providing a 'membership renewal, opportunity. This will continue lo be worked through in the present
year.
During the Summer of this year there were six deaths within the fellowship, with ages ranging from a neonatal
boy lo a 9>year-old great grandma. The cumulative effect of this loss was heavy and was added lo by a further
death of a Church founder at the end of the year. In response the Church enabled the Pastor lo have a 6 week
extended break In the first quarter of 2025.
Page 1

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Trustee's. Report
For the year ended 31 March 2025
Revlew of Progress cont.
Our midweek Work with children and youth has continued throughout the year, staffed by our Children and youth
team. The Church runs a weekly Kidsclub along with trips and sleepovers during school holidays. A new
development this year was of a youth football team whieh trains weekly and has a 'focus' session along with a
meal each week.
Revlew of Flnanclal Posltlon
The lolal receipts on unreslricled funds was £79,05712024.' £65,182). This includes both Church offerings and
rental incomes from user groups. Restricted donations of £4,30012024". £1,599) were also received and are
detailed In the financial slalement.
The Gift A'd received showed a decrease from the previous year.
£15,89512024.. £17,0401 was spent on salaries in whole year. No part-time Church administrator was employed
in current year.
The nel result for the year was an excess of expenditure over receipts of £7,48412024'. £3,294 income).
Statement of Publlc Beneflt
The Church premises continued to work 8S 8 Community Hub through the year. The LOVO organis8lion h8S
continued to run their Women's Centre in the premises for 5 days a week, and the Green Olives after-school
club has continued. During the year the Church has also hosted a fundraising Garden Paty for Mind the Gap
organisation and also a comedy night in the Autumn.
We are situated in an area where there is a growing amount of property development lo the detriment of the
local neighbourhood. Community space is decreasing and we have recently been able lo offer space lo several
local community groups al affordable rents.
Our own activities are open to all our community. They include a women's centre, a Kidsclub, an annual
seaside coach trip and holiday youth projects.
Reserves Policy
11 is Church policy to carry maintain savings which would cover 3 months of the Church continuing to operate.
This amount of £5,550 in the Investment fund did not meet this target.
Future Developments
We are continuing lo look at ways of developing the ministry of the Church, especially with a view to connecting
more effectively with young adults.
Our possible amalgamation with 2 other local Baptist Churches Continues. We have a joint service and a
leaders meeting together every month and the solicitors are carrying out the necessary legalities.
Page 2

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Trustee's. Report
For the year ended 31 March 2025
statement of Trustees. Responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial slalements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Praclicel.
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for
each financial year which give a true and fair view of the stale of affairs of the Charity and of the incoming
resources and application of resources for that period.
In preparing those financi81 statements the Trustees are required lo".
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charities SORP",
Make judgments and estimates that are reasonable and prudent.,
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the
charity will continue In business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al
any lime the financial position of the charity and to enable them lo ensure the financial statements comply with
the Charities Act 2011, the Charities SORP and the provisions of the trust deeds. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
This report has been approved by the Executive Committee and signed on their behalf
8b3n•dbr.
221812025
78GA409f4Fo&￿É1.........................
Date..
Reverend Ann Luther
Chair and Reverend
Page 3

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Independent Examiner's Report to the Trustees of
Peckham Park Road Baptist Church
For the year ended 31 March 2025
I report lo the Iruslees on my examination of the accounts of Peckham Park Road Baptist Church for the year
ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are reswnsible for the preparation of the accounts in accordance with
the requirements of the charib.es Act 2011 I'lhe Acfl.
I report in respect of my examination of the Trust'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 14515llbl of the Act.
Independent examiner's ststement
I have completed my examination. I confirm that no mallers have come to my attention in connection wth the
examination giving me cause lo believe..
accounting records were not kept in respect of the Trust as required by section 130 of the Act", or
the accounts do not accord with those records.
the accounts do not comply with the applicable requirements concerning the form and content of accounts
sel 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 lo enable a proper understanding of the accounts to be
reached.
Karen Wardell
Partner. Moore Kingston Smith LLP
For and on behalf of Moore Kingston Smith LLP
Chartered Accountsnts
Date. 22 August 2025
Orbital House
20 Eastern Road
Romford
RM1 3PJ
Page 4

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Statement of Financial Activities
For the year ended 31 March 2025
Restricted
Funds
2025
Unrestricted
Funds
2025
Total
Funds
2025
Total
Funds
2024
Notes
Income from:
Donations and grants
40,393
40,393
36,310
Other income
4,300
38,459
42,759
30,329
Investment income re￿iVed
205
205
143
Total
4,300
79,057
83,357
66,782
Ex
nditure on:
Raising funds
Charitable activib'es
6,167
84,674
90,841
63,488
Total
6,167
84,674
90,841
63,488
Net Incomellexpendlturel
11,8671
15,6171
17,4841
3,294
Transfers be￿een funds
Other recognised gainslllossesl:
Actuarial Ilossesllgains on defined
benefit pension schemes
Net movements in funds
11,8871
{5.6171
17.4841
3.294
Reconciliation of funds:
Fund balance al 1 April 2024
Fund balance al 31 March 2025
7,426
5.559
9,211
3.594
16,637
9.153
13,343
16.637
The notes on pages 7 10 14 form part of these financial statements.
All incoming resources and reSoUr￿S expended derive from continuing activib"es.
There are no recognised gains or losses other than the surplus for the year.
A separate Income and Expenditure Account has not been prepared as it would not materially differ from the
Statement of Financial Aclivrties.
Page 5

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
Peckham Park Road Baptist Church
Balance sheet
As at 31 March 2025
2025
2024
Notes
Fixed Assets
1,795,145
1,796.452
Current Assets
Cash at bank
7,877
1,803,022
10,793
1,807,245
Current Liabilities
Creditors." amount5 falling due
within one year
3,869
607
Net assets excluding pension liability
1,799,153
1,806,638
Defined benefit pension
scheme liability
Net assets
1799 153
1806 638
Represented by:
Unrestricted funds
Revaluation reserve
Pension reserve
Restricted funds
3,594
1,790,000
9,211
1,790,000
5,559
7.426
Total funds
1799 153
1806 638
The Annual Report and Accounts were approved for issue by the Executive Committee and signed on their
behalf by:
Date..
2218r2025
FBCA409F*FOF430.........................
Rev Ann Luther
Chair and Reverend
The notes on pages 7 10 14 form part of these financial statements.
Page 6

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
4oad Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
Accounting Policies
Charity information
Registered Offi￿.. Peckham Park Road Baptist, 121 Peckham Park Road, London, SE15 6SX
Basis of preparation
These financial statements are prepa￿d on a going concern basis, under the historical cost
convention modified for the revaluation of listed investments and ￿rtain property assets which are
accounted for at market value.
The financial statements have been prepared in accordance with Section 1A of FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland I'FRS 102,1, including
update Bulletin 2. The Charity is a public benefit entity for the purposes of FRS 102 and therefore
the charity also prepared its financial statements in accordance with the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial ReFX)rting Standard applicable in the UK and Republic of Ire18nd (The FRS 102 ch8rib.es
SORPI, and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial slalements are rounded lo the nearest pound.
Going concem
The Iruslees have assessed whether the use of the going concern basis is appropriate and have
onsidered possible events or conditions that might cast significant doubt on the ability of the
charitable entity to continue as a going concern. The trustees have made this assessment for a
period of al least one year from the dale of approval of the financial statements. In particular the
trustees have considered the charitable entity's forecasts and projections and have taken account of
pressures on donation and investment income. After making enquiries the trustees have concluded
that there Is a reasonable expectation that the charitable entity has adequate reSoUr￿S to continue
in operational existence for the foreseeable future and there are no material uncertainties. The
trustees therefore Continues to adopt the going concern basis in preparing its financial stslements.
Fund$
Unrestricted funds represent the funds of the trustees that are not subject lo any restrictions
regarding their use and are available for application on the general purposes of the charity.
The restricted funds can only be spent on the purpose for which they were given.
The accounts include all transactions, assets and liabilities for which the Iruslees is responsible in
law. They do not include the accounts of church groups that owe their main affiliation to another
body or those that are informal gatherings of church members.
Page 7

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
4oad Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
Income
All income is included in the statement of financial activities when the charity is entitled to receive the
income and the amount can be quantified with reasonable accuracy. The following policies are
applied to particular categories of income".
Donations and grants
Planned giving receivable under covenant is recognised only when received.
Income lax recoverable on covenants or gift aid donations is recognised when the income is
recognised.
Grants and legacies are accounted for as soon as the trustees are notified of its legal entillement,
the amount due is measurable and ils ultimate receipt is probable.
other Income
Minibus Hire income from letting of mini bus is recognised when rental is due.
Rental income from the letting of church owned property is recognised when the rental is due.
Investment Income
Interest is accounted for when receivable.
Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT,
and is reported as part of the expenditure lo which it relates..
Raising funds
Costs of raising funds comprise the costs associated wlh attracts.ng voluntsry income.
Charitable expenditure
Comprises those costs incurred by the charity in the delniery of ils 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 lo support them.
All costs are allocated be￿een the expenditure categories of the SOFA on a basis designed to
reflect the use of the resource and sel out in Note 4.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are inilialty recognised at transaction value and
subsequently measured at their settlement value.
Fixed Assets
Incomg generating property
Income generating propety is shown at fair value. The Church hall is held at ils fair value as
independenuy valued In 2019.
Tangible fixed assets are initially merasured at cost or valuation, net of depreciation and any
impaired losses.
Depeciation is recognised so as lo write off the cost or valuation of assets less their residual values
over their useful lives on the following basis..
IT equipment
Plant & Machinery
Fixtures and fittings
33.330/0 Straight line
over the period of 10 years
250/0 Straight line
Page 8

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
4oad Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
Pension costs
The costs of retirement benefits are provided through the Baptist Pension Scheme, a
Multi-employer scheme.
The Church also recognises its liability in respect of deficit reduction arrangements of the historic
defined benefit section of the Baptist Pension Scheme for two previous officers of the Church.
As information is not available to use defined benefit accounting, in accordance with the
requirements of FRS102, the Church accounts for these payments as rf they are defined
contribution schemes.
The Church's contribution lo these schemes are recognised as a liability and an expense,
in the period in which the salaries to which the contributions relate are payable.
1.10.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held al call with banks.
Page 9

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
iload Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
Total income
Restricted Unrestricted
Funds
Funds
2025
2025
Restricted Unrestricted
Funds
Funds
2024
2024
Total
2025
Totsl
2024
Charitsble Income
Donations
Gift Aid Reclaimed
Church Maintenance Income
Events Income
35,176
5,217
35,176
5,217
75
30,748
5,412
30,823
5.412
1,705
1,705
75
75
Other Income
Hire of Church HalllFacilities
Minibus Hire
Rental Income
Other Income
Grant Income
Funeral Costs Income
Publicity Income
20,130
2,479
8,650
1,495
4,000
20,130
2,479
8,650
2,295
7,500
13,782
3,164
10,214
900
500
13.782
3,164
10,214
1,965
500
459
245
800
3,500
1,065
459
245
Investment Income
Bank Interest Received
205
205
143
143
3 Total expenditure
Restricted Unrestricted
Funds
Funds
2025
2025
Restricted Unrestricted
Fund5
Funds
2024
2024
Total
2025
Total
2024
Costs directly allocated to activities
Church Utilities
Building Maintenance & Cleaning 6, 167
Council Tax
Summer Day Trip
FLJneral Expenses
Wages & Salaries
Pension
Insurance
Park Fun Day
Spring Harvest Costs
9,819
27,464
1,793
1,154
9,81g
33,631
1,793
1,154
5,742
11,516
1,693
2,074
5,742
11.516
1,693
2,074
80
17,040
1.752
3,193
80
15,895
2,226
3,340
2,608
940
15,895
2,226
3,340
2,608
940
17,040
1,752
3,193
Support costs allocated to activities
Computer and IT costs
Bank Charges
Motor Expenses
Audit, accountancy and payroll
Printing and postage
House Ulililies
Fees & Subscriptions
Legal Fees
Gifts
Sundry
Insurance
Depreciation
75
1,835
5,666
3,585
826
1,137
1,901
1,479
30
1,594
1,307
75
1,835
5,666
3,585
826
1,137
1,901
1,479
30
1,594
90
872
6,871
2,626
1,145
1,470
2,757
1,685
702
1,599
581
90
872
6,871
2,626
1,145
1,470
2.757
1,685
702
1,599
581
All of the 2024 and 2025 expenditure related to charitable activities.
Page 10

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
iload Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
4 Trustees and Employees
The charity had an average of one12024.' one) employees during the year, whose staff cost amounted to
£15,89512024. £17,040).
No employee received remuneration greater than £60,000 during the year12024'. none).
The key management personnel are considered lo be the trustees. The trustees did not receive any
remuneration nor were reimbursed expenses during the year current and preceding year.
There were no other disclosable transactions in respect of trustees, persons closely connected with them or
other related parties.
5 Taxation
As a charity, Peckham Park Road Baptist Church is exempt from tax on income and gains falling within
section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitsble objects. No tax charges have arisen in the Charity.
6 Tangible Fixed Assets
Church
Building
Plant and Fixtures
Machinery and Fittings Equlpment
Totsl
Income generating pn)perty
Cost or revaluation
Brought forward
Additions
Carried forward
1,790,000
3,220
3,430
383
1,797,033
1,790,000
3,220
3,430
383
1,797,033
Depreciation
Brought forward
Charge for the year
Carried forward
148
322
470
380
858
1,238
53
127
180
581
1,307
1.888
Net Book Value- 2025
1,790,000
1,790,000
2,750
3,072
2,192
3,050
203
1,795,145
1,796,452
Net Book Value- 2024
330
The trustees are of the opinion that the Church hall is held at ils fair value as independently valued in 2019.
7 Creditors: Amounts falling due within one year
2025
2024
Other taxation and social security
Loans payable
619
3,250
607
Page 11

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
. load Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
8 Pensions
Ba
tist Pension Scheme
The Church is an employer participating in the Baptist Pension Scheme I'the BPS"}, which is administered by the
Pension Trustee (Baplisl Pension Trust Limited). The Scheme is a separate legal entity and the assets of the Scheme
are held separately from those of the Employer and other participating employers.
For any month, each participating employer in the Scheme pays contributions as set out in the Schedule of
Contributions in for￿ at that time.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because
it is not possible lo attribute the Scheme's assets and liabilits'es lo specific employers and means that
contributions are accounted for as if the Scheme were a defined contribution scheme. The pension costs
charged lo the SOFA in the year are contributions payable towards benefi'ts and expenses accrued in that year,
plus any impact of deficiency contributions.
The minister and some members of the church are eligible to join the Scheme.
From January 2012, pension provision for the Minister land some members of staffj is being made through the Defined
Contribution (DCI Plan within the BPS. In general, members pay 80/0 of their Pensionable Income and employers pay
6Q/o of members, Pensionable Income into individual pension accounts, which are operated and managed on behalf of
the Pension Trustee by Legal and General Life Assurance Society Limited. In addition, the employer pays 8 further 4010
of Pensionable Income to cover Death in servi￿ Benefits, adminislralion costs, and an associated insurance policy
which provides income protection for Scheme members in the event that they are unable to work due to long-term
incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Unum Limited.
Members of the Basic Section pay reduced contributions of 50/0 of Pensionable Income, and their employers also pay a
total of 50/0.
Benefits in respect of serviee prior lo 1 January 2012 are provided through the Defined Benefit IDBI Plan wthin
the BPS. The main benefits for pre-2012 serVi￿r were a defined benefit pension of one eightieth of Final
Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in respect of
premiums paid on Pensionable Income in excess of Minimum Pensionable Income.
The BPS, previously known as the Baptist Ministers, Pension Fund, started in 1925. The scheme was closed lo
future accrual of defined benefits on 31 December 2011. The scheme is not contracted out of the Slate Second
Pension.
The funding of the Defined Benefit IDBI part of the Baptist Pension Scheme has improved lo the point where a buy-in
with an insurance company has been carried out as a first stage lo buying-out the DB which will ensure pensions will
continue to be paid whilst removing risk from the Baptist family.
Al the end of June 2022, the Baptist Pension Scheme signed an agreement with the insurance company Just Group
I'Just'l to secure members, pension benefits under the Defined Benefit I'DB'I Plan. This agreement is referred lo as a
'buy-in policy,. 11 follows a similar agreement with Just In 2019 that covered most pensions in payment al that time. The
combined agreements mean that Just are now providing financial backing for all DB pensions provided through the
Scheme's DB Plan.
Recovery Plan
As a result of the Buy-ln, this lakes the Scheme out of a shortfall position for the first time in two decades. Although
risks remain, the Baptist Union and the Trustee of the Scheme have agreed that deficit contributions from each
participating employer in the DB Plan will reduce to just £1 per month from August 2022.
Page 12

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
. load Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
8 Pensions cont.
The deficit contributions are based on an average share, equally weighted by employer, of the overall scheme deficit
and do not reflect individual employer liabilities.
Income and ex
enditure
The total pension cost for the Church is shown in the table below, with last year's figures shown for comparison.
2025
2024
BPS Minister section
BPS deficit funding contributions
BPS Staff section
1,682
122
1,682
70
1,804
1,752
No pension contributions were outstanding al the Balance Sheet dale12024.' Nil).
9 Movement in funds
At1
April
2024
Incoming
resources
Outgoing
reSou￿e$
At31
March
2025
2025
2025
Restrlcted funds:
Restricted Building Fund
Kidsclub Residential
Spring Harvest
Funeml costs Income
2,667
2,305
2,075
379
7,426
3,500.00
800
16,167.001
3,105
2,075
379
5,559
4,300
16,1671
Unrestricted funds..
General fund
Pension reserve
9,211
79,057
184,6741
3,594
9,211
79,057
184,6741
3,594
Total funds
Restricted Buildin
Fund
Residue building fund account- monies given Specifical￿ for building development and gradually used for general
premise maintenance.
Kidsclub Residential..
Youth residential at Avon Tyrell this fund is a result of financial gifts towards the trips.
Harvest.
The Church gave some financial assistance towards enabling some members and also a family of asylum seekers to
attend the Spring Harvest holiday.
Funeral cost income..
Financial gifts received from memberfs family on the occasion of her funeral.
Page 13

DoGusign Envelope ID". 973250D9-CBAC4A07.89C9-E19F43FDCD3D
rEknThiiaiii rai
Aoad Baptist Church
Notes to the Financial Statements
For the year ended 31 March 2025
9 Movement in funds cont.
Movement in funds in respect of the Gomparative period..
At1
April
2024
Incoming
resources
2024
Outgoing
resources
2024
At31
March
2024
Transfers
2024
Restricted funds:
Reslricled Building Fund
Kidsclub Residential
Spring Harvest
Funeral costs Income
2,667
1,240
2,000
2,667
2,305
2,075
379
7,426
1,065
75
459
1,599
80
1801
5,907
Unrestricted funds:
General fund
Pension reserve
7,436
65,183
163,4081
9,211
7,436
65,183
163,4081
9,211
Total funds
10 Related Party Transactions
During the year the charity received a loan from a close family member of a Trustee. The balance of this
loan al 31 March 2025 is £3,250.
11 Comparative Statement of Financial Activities
Restricted Unrestricted
Funds
Funds
2024
2024
Total
Funds
2024
Income from:
Donations and grants
other income
Investrnenl income received
75
1,524
36,235
28,805
143
65,183
36,310
30,329
143
66,782
1,599
Ex
onditure on:
Raising funds
Charitsble activities
80
80
63,408
63,408
63,488
63,488
Net incomel{expenditure)
1.519
1,775
3.294
Transfers
Nel movements in funds
1,519
1,775
3,294
Reconciliation of funds:
Total funds brought fotward
Total funds carried forward
5,907
7.426
7,436
9,211
13,343
16.637
Page 14