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2025-03-31-accounts

Faithouse Church

Trustees’ Annual Report for the period

From: 1 April 2024 (Period start date) To: 31 March 2025 (Period end date)

Charity name: Faithouse Church

Charity registration number: 1200116

Objectives and Activities

SORP
reference
Summary of the
purposes of the charity
as set out in its
governing document		 Para 1.17 Faithouse Church’s purpose is to
advance the Christian religion for
the benefit of the public through the
holding of prayer meetings,
faith-based teaching, special
programmes and retreats, weekly
public worship meetings, and the
production and distribution of media
on the Christian faith through social
media and other channels.
The church also undertakes pastoral
work, including visiting the sick and
bereaved, providing support to
those in need, and partnering with
other Christian organisations to
advance faith, compassion, and
service within the community.
The ministerial team works closely
with the pastors to form the
leadership team that drives and
promotes the whole mission of the
church, including pastoral care,
evangelism, social action, and wider
cooperation.
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		 Objectives and Activities
The Faithouse leadership team is
committed to enabling as many
people as possible to worship at the
church and to become part of the
Faithouse community. The
leadership team maintains
oversight of worship and ministry
activities and ensures that services
are accessible and relevant to the
local Northampton community.
Our worship and ministry activities
put faith into practice through
prayer, scripture, music, teaching,
and fellowship. When planning
activities for the year, the pastors
and ministers considered the
Charity Commission’s guidance on
public benefit, particularly the
guidance on charities for the
advancement of religion.
Faithouse seeks to enable people to
live out their faith through:
●Regular worship services and
prayer meetings
●Prayer retreats and spiritual
formation events
●Outreach, evangelism, and
community engagement
●Support of student ministry
and younger members
●Partnership with external
Christian initiatives

Achievements and Performance

SORP
reference
Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to
society as a whole.		 Para 1.20 Worship and Prayer
Faithouse Church continued to offer
regular worship services throughout
the year, including weekly Sunday
services, Friday services, and
Wednesday prayer meetings. These
gatherings provide opportunities for
individual and collective prayer,
spiritual growth, and fellowship,
strengthening both faith and
community relationships.
A significant milestone during the
year was the church’s move into a
new leasehold building with
exclusive use. This marked a major
step forward for Faithouse,
providing a stable and dedicated
place for worship, prayer, and
ministry activities. The new
premises have enabled greater
consistency in services, improved
facilities, and increased capacity to
host events and community
activities.
Significant Events
The relocation into the new building
in December 2024 represents one
of the most important
developments in the church’s
history. The move was the result of
long-term planning and the
intentional creation of a building
reserve fund, which was established
specifically to support this
transition. During the year, the full
reserve was used to fund the move
and associated costs, in line with
the trustees’ strategic intentions.
The transition also resulted in
significant one-off and increased
ongoing expenses, including higher

lease rental and building-related costs to modify the building as a place of worship. Trustees consider this investment essential to the long-term sustainability and mission of the church. There are long term benefits including less expenses for other events that the church has previously had to hire venues for events for example for the student fellowship and other one of prayer and worship events. Prayer Retreats Faithouse Church continued to host and support prayer retreats during the year. These retreats provide members and participants from the wider community with time for uninterrupted prayer, reflection, and fellowship. The church continued its practice of subsidising external retreat attendance for those unable to meet the full cost, ensuring that financial barriers do not prevent participation. Retreat activities remained a core part of Faithouse’s spiritual formation mission, and unrestricted funds were used to support this when necessary to support individuals. Mission and Evangelism Faithouse continued its commitment to mission and outreach within the Northampton community. The church provided benevolence support to individuals and organisations, particularly during seasonal initiatives such as supporting individuals experiencing hardship, supporting album,launches geared towards the Christian faith. Evangelism activities included outreach within the local community, sharing information about the Christian faith and inviting individuals to participate in worship and church life.

Music Events and External Partnerships During the year, Faithouse continued to support the Perfect Love initiative, contributing financially to music and worship events that were open to the wider public. These events provided opportunities for outreach, encouragement, and spiritual engagement beyond the immediate church membership. The church also continued to support student ministry, recognising the importance of investing in younger members and future leadership within the church.

Financial Review

Review of the charity’s
financial position at the
end of the period		 Para 1.21 Total receipts on unrestricted
donations was £34,504.11.
Total receipts and other income for
the year ended 31 March 2025
amounted to £45,831.97, compared
with £40,878.18 in the previous
year. Tithes and offerings increased
during the year, reflecting continued
generosity and engagement from
members.
Total payments for the year
amounted to £51,394.42, resulting
in a net deficit of £5,562.45.
Trustees note that this deficit was
anticipated and largely attributable
to:
●The planned use of the
building reserve fund
●Increased rent and
building-related costs
following the move to the new
premises

● Continued subsidisation of retreats and mission activities As a charity we have agreed to make transfers from the unrestricted funds to fund any of the restricted funds for special programs during the year like the Anniversary, Christmas Project, Perfect Love and Retreats. As a result of this, the Anniversary, Perfect Love and Retreats funds do not have a carried forward balance as they are usually in deficit. The excess to cover the costs of these is provided from unrestricted funds. At 31 March 2025, total cash at bank amounted to £9,353.20, compared with £16,295.15 at the end of the previous year. Total reserves stood at £15,861.97, reduced from £27,186.64, reflecting the strategic investment in the new building. Prayer Retreats The receipts and payments statements reflect retreat income of £3,398.00 during the year. Retreat expenditure exceeded income, with additional funding provided from unrestricted funds to support venue hire and subsidised attendance for members. Advance payments to retreat centres have reduced as the church did not plan an external retreat for the upcoming year. Current Assets

Member loans relate to advance
payments made to members under
agreed repayment plans. No
external loans were outstanding at
the end of the period.
Statement explaining
the policy for holding
reserves stating why
they are held		 Para 1.22
Amount of reserves
held		 Para 1.22
Reasons for holding
zero reserves		 Para 1.22 Reserves policy
Our reserves policy as a church is
based on our agreement to
maintain 3 months of running
expenses (this is an average of
£6000 as the minimum for our
reserves - this gives us a period of
time to meet our bills if there was
an emergency or a sudden sharp
reduction in income from tithes and
offerings.
The building reserve fund held in
prior years was intentionally used
during the period to support the
move into the new leasehold
premises. Trustees consider this an
appropriate and planned use of
designated reserves in line with the
charity’s long-term objectives.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing
document
(trust deed, royal
charter)		 Para 1.25 The trust deed details the governing
of Faithouse Church. This lists out
how the board of trustees is
composed of a group of ministers
who contribute to decision making
with the church leaders. Ministers
are appointed to the board of
trustees on a rotational basis.

The ministers who form the board of trustees are responsible for making decisions on all matters of general concern and importance to the church. The trustees are responsible for making decisions on matters of general concern and importance to the church, including the stewardship and allocation of the charity’s financial resources.

Reference and Administrative details

Charity name Faithouse Church

Other name the charity
uses		 N/A
Registered charity
number		 1200116
Charity’s principal
address		 Faithouse church is situated in Northampton,
Midlands area.
The correspondence address is
1 BARNSTAPLE CLOSE
NORTHAMPTON
NN3 3BH

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19		 Trustee name Office (if any) Dates acted if not
for whole year
Na
me
of
per
so
n
(or
bo
dy)
ent
itle
d
to
ap
poi
nt
tru
ste
e
(if
an
y)
Lorraine Dewa Trustee
Constance
Ngororo		 Trustee
Ikechukwu
Hargley		 Trustee
Kundai Kerry
Anne Denga		 Trustee

20

Other o tional information

Declarations (Please refer to the signed version of this document attached)

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Full name(s) Ikechukwu
Hargley
Trustee
Position
Signature(s)
Ikechukwu Hargley (Jan 31, 2026 21:21:05 GMT)
Date 31/01/2026
----- End of picture text -----

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Full name(s) Kundai Denga Trustee Position Signature(s) Kundai Denga (Jan 31, 2026 21:20:31 GMT) Date 31/01/2026

Faithouse Trustees' Annual Report - March

2025

Final Audit Report

2026-01-31

Created: 2026-01-31 By: Faithouse Church (faithousechurch@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAAYcDWoK_4SFkXdG2QjVHPiLRa5UbgxoYX

"Faithouse Trustees' Annual Report - March 2025" History

Document created by Faithouse Church (faithousechurch@gmail.com)

2026-01-31 - 9:19:22 PM GMT- IP address: 94.10.126.196

Document emailed to kundai.denga5@gmail.com for signature

2026-01-31 - 9:19:26 PM GMT

Document emailed to ikayhargley@gmail.com for signature

2026-01-31 - 9:19:26 PM GMT

Email viewed by ikayhargley@gmail.com

2026-01-31 - 9:19:42 PM GMT- IP address: 66.249.93.76

Email viewed by kundai.denga5@gmail.com

2026-01-31 - 9:19:46 PM GMT- IP address: 66.249.93.65

Document e-signed by Kundai Denga (kundai.denga5@gmail.com)

Signature Date: 2026-01-31 - 9:20:31 PM GMT - Time Source: server- IP address: 94.10.126.196

Document e-signed by Ikechukwu Hargley (ikayhargley@gmail.com)

Signature Date: 2026-01-31 - 9:21:05 PM GMT - Time Source: server- IP address: 109.155.117.249

Agreement completed.

2026-01-31 - 9:21:05 PM GMT

Receipts and Payments

Faithouse

For the year ended 31 March 2025

Receipts and Payments
Faithouse
For the year ended 31 March 2025		 Receipts and Payments
Faithouse
For the year ended 31 March 2025
UNRESTRICTED
FUNDS
BUILDING FUND
PERFECT LOVE
RETREATS
STUDENT
MINISTRY
31 MARCH 2025
31 MAR 2024
Receipts
Interest Income
-
99.82
-
-
-
99.82
79.43
Other Income
278.91
178.91
-
-
-
457.82
76.00
Tithe & Offering
34,504.11
-
-
-
-
34,504.11
31,597.75
Building Income
-
7,372.22
-
-
-
7,372.22
-
Total Receipts
34,783.02
7,650.95
-
-
-
42,433.97
31,753.18
Other Income
Benovelence
Income
-
-
-
-
-
-
60.00
Donations
Received
-
-
-
-
-
-
4,200.00
Retreat Income
-
-
-
3,398.00
-
3,398.00
4,865.00
Total Other
Income
-
-
-
3,398.00
-
3,398.00
9,125.00
Total Receipts
and Other
Income
34,783.02
7,650.95
-
3,398.00
-
45,831.97
40,878.18
Payments
Direct Cost
Direct
Expenses
172.99
1,121.88
-
-
-
1,294.87
-
Direct Wages
6,680.00
-
-
-
-
6,680.00
6,030.00
Advertising &
Marketing
1,735.46
-
-
-
-
1,735.46
1,851.62
Bad Debts
Expense
-
-
-
-
-
-
123.56
Bank Fees
6.04
-
-
-
-
6.04
7.46
Benovelence
Expense
300.00
-
-
-
-
300.00
1,250.00
Charitable and
Political
Donations
100.00
-
1,000.00
-
-
1,100.00
1,151.96
Depreciation
Expense -
Computer
Equipment
347.49
-
-
-
-
347.49
519.97
Depreciation
Expense - Video
Filimg
Equipment
1,118.36
16.60
-
-
-
1,134.96
661.04
Depreciation
Expense on
Music Equipment
1,015.49
-
-
-
-
1,015.49
993.39
Depreciation
Expenses on
Furniture
15.00
-
-
-
-
15.00
15.00
Event Catering
603.69
-
-
-
-
603.69
1,522.63
General
Expenses
230.13
-
-
-
55.76
285.89
690.85
Insurance
408.11
-
-
-
-
408.11
611.78

31 Jan 2026 Page 1 of 4

Charity Report Pack v2.1_Mar 2025 Accounts Faithouse

Receipts and Payments

UNRESTRICTED
FUNDS		 BUILDING FUND PERFECT LOVE RETREATS STUDENT
MINISTRY		 31 MARCH 2025 31 MAR 2024
IT Software and
Consumables		 1,235.71 674.17 - - - 1,909.88 528.57
Leader's Events 431.00 - - - - 431.00 693.61
Member Gifts 1,200.00 - - - - 1,200.00 1,400.00
Musician Hire 667.79 - - - - 667.79 1,235.18
Printing &
Stationery		 40.70 - - - - 40.70 350.53
Rent 8,789.40 10,000.00 - - 700.00 19,489.40 9,253.50
Repairs &
Maintenance		 1,301.06 - - - - 1,301.06 -
Retreat expense - - - 8,004.23 - 8,004.23 7,567.10
Subscriptions 1,360.94 - - - - 1,360.94 789.01
Telephone &
Internet		 143.40 - - - - 143.40 31.37
Travel - National 132.83 409.00 - - - 541.83 153.00
Venue Hire 200.00 - - - 480.00 680.00 459.96
Visitors Food &
Accomodation		 6.99 - - - - 6.99 89.97
Xero
Subscription		 340.20 - - - - 340.20 313.20
Honorarium Gift 350.00 - - - - 350.00 -
Evangelism - - - - - - 360.00
Total Payments 28,932.78 12,221.65 1,000.00 8,004.23 1,235.76 51,394.42 38,654.26
Net of
Receipts/(Pay 5,850.24 (4,570.70) (1,000.00) (4,606.23) (1,235.76) (5,562.45) 2,223.92
ments)

31 Jan 2026 Page 2 of 4

Charity Report Pack v2.1_Mar 2025 Accounts Faithouse

Bank Accounts

Faithouse

For the year ended 31 March 2025

Bank Accounts
Faithouse
For the year ended 31 March 2025
31 MARCH 2025 31 MAR 2024
Cash at Bank
Community Instant Access - Savings 4,590.69 11,181.65
Business Community Account 2 40.91 4.62
Cash Account 106.35 -
Main Account 4,615.25 5,108.88
Total Cash at Bank 9,353.20 16,295.15

31 Jan 2026 Page 3 of 4

Charity Report Pack v2.1_Mar 2025 Accounts Faithouse

Overview - Statement of assets and liabilities

Faithouse

As at 31 March 2025

Overview - Statement of assets and liabilities
Faithouse
As at 31 March 2025		 Overview - Statement of assets and liabilities
Faithouse
As at 31 March 2025
31 MAR 2025
31 MAR 2024
Fixed Assets
Tangible Assets
Computer Equipment
3,233.14
2,984.14
Less Accumulated Depreciation on Computer Equipment
(2,827.41)
(2,479.92)
Furniture
119.99
119.99
Less Accumulated Depreciation on Furniture
(69.16)
(54.16)
Music Equipment
5,510.09
5,427.07
Less Accumulated Depreciation on Music Equipment
(3,553.23)
(2,537.74)
Video Filming Equipment
7,249.81
7,249.81
Less Accumulated Depreciation on Video Filming Equipment
(3,114.46)
(1,979.50)
Total Tangible Assets
6,548.77
8,729.69
Total Fixed Assets
6,548.77
8,729.69
Current Assets
Cash at bank and in hand
Business Community Account 2
40.91
4.62
Cash Account
106.35
-
Community Instant Access - Savings
4,590.69
11,181.65
Main Account
4,615.25
5,108.88
Total Cash at bank and in hand
9,353.20
16,295.15
Member Loans
-
240.00
Retreat Payments In advance
-
1,921.80
Total Current Assets
9,353.20
18,456.95
Creditors: amounts falling due withinone year
Income in Advance
40.00
-
Total Creditors: amounts falling due within one year
40.00
-
Net Current Assets (Liabilities)
9,313.20
18,456.95
Total Assets less Current Liabilities
15,861.97
27,186.64
Net Assets
15,861.97
27,186.64
Capital and Reserves
Building Reserve Fund
-
5,762.22
Current Year Earnings
(5,562.45)
2,223.92
Retained Earnings
21,424.42
19,200.50
Total Capital and Reserves
15,861.97
27,186.64

31 Jan 2026 Page 4 of 4

Charity Report Pack v2.1_Mar 2025 Accounts Faithouse

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Faithouse Church On accounts for the year 31 March 2025 Charity no 1200116 ended (if any) Set out on pages 1 – 6 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2025 .

Responsibilities and basis As the charity's trustees, you are responsible for the preparation of the of report 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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 accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body (if
any):		 3101/2026
Olubukola Akinyemi
ACCA - 0802566

1

Oct 2018

IER

Address: 36 Willow Road

Dartford, Kent DA1 2QQ

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER