2025-05-31-accounts - The Foundry International Ltd

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The Foundry International Ltd. (A company limited by guarantee)

Report and financial statements For the Year ended 31[st] May 2025

Charity number: 1200205 Company number: 11986581

An introductory note from our current Chair of Trustees

Since first conversations in 2018 about an idea called “The Forge & Foundry” to what exists today has been an incredible journey. As a team we have always tried to seek God for His plans and His timings – our continual desire is to be obedient to what we believe God is leading us to. We know that even if it’s a ‘tough road’, it will always lead to the best outcomes.

This year through The King’s Purse we’ve given away over £24,000 to support individuals in need and projects that look to advance the Christian faith and relieve poverty. As a trustee team, we’ve chosen to increase the amount of our income that goes into the King’s Purse from 51% to 58% - we believe part of our role is to bless and enable others to do what God has called them to, as well as running proprietary Foundry works.

Through Sutton Community Project we’ve given away over £281,000 worth of food and other goods to individuals and families in need; as well as seen incredible changes in people’s lives through the bible studies and courses that run alongside the food program.

It is a beautiful thing to realise that of all money and goods that have “come in” to the Foundry, we’ve been able to re-gift 91% of that to people in need and other works that share our heart and charity purposes. And alongside all the above are vibrant rhythms of weekly prayer and worship through Servants Quarters, KingsGuard and the ‘Foundry family’.

As a charity team we want to thank all those people who have given, in any way, to the work of the Foundry. We are privileged to partner with you in this work.

And, again, we resolve in the years ahead to endeavour to pursue only that which we feel God says to. We want to do His work, in His way and in His timing.

Lewis Campbell Chair of Trustees, The Foundry International Ltd

Contents

Reference and administrative information	Page 4
Charity Purposes and Beneficiaries	Page 5 - 7
Core work and outcomes 2024 – 2025	Pages 8 - 22
Financial review	Pages 23 - 28
Looking ahead	Pages 29 – 30
Appendices	Pages 31 – end.

Reference and administrative information

Charity Name : The Foundry International Ltd Charity registration number : 1200205 Company registration number : 11986581 Registered office: 74 Manor Drive North, New Malden, England, KT3 5PA Trustees and Company Directors: Mrs J Shew - Chair of Trustees Mr L Campbell - Treasurer Ms Z Woodhams Ms S Pattison Ms D Harris Mr SAA Shah (Resigned 14[th] Jan 2025) Financial Year: 1st June 2024 – 31st May 2025 Independent Examiner: Charles Tait Accounting Limited Bankers: Metro Bank, Kingston Upon Thames

Charity Purposes and Beneficiaries

The charity’s purposes are:

The advancement of the Christian faith through the creation and provision of training materials, projects, events and other resources in order to catalyse church planting, disciple-making, networking and collaboration across the wider church.
To relieve poverty or financial hardship across the United Kingdom and other nations of the world by issuing grants and providing the charity’s resources to individuals and organisations that strategically support and empower effective social and community transformation.

We review our aims and objectives on an annual basis – considering what has been achieved in the previous year and the focus for the coming year. We refer to the Charity Commission’s guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

The beneficiaries of the work:

Since the inception of The Foundry International we have been clear in the view that beneficiaries will be individuals, churches, charities, community organisations and businesses. While there may be some beneficiaries that feel more closely aligned with the Foundry on an ongoing basis, the products, services and support will be accessible to all beneficiaries.

Charity Purposes and Beneficiaries – How do they benefit?

Charity Purpose 1 . The advancement of the Christian faith through the creation and provision of training materials, projects, events and other resources in order to catalyse church planting, disciple-making, networking and collaboration across the wider church.

We seek to see healthy Christians, more local churches and productive relationships across local church communities.

Christianity brings meaning to the lives of Christians and provides a wider moral and ethical framework to live by – with core beliefs around dignity, compassion, justice and community. This offers many benefits to society, as well as to those individuals. Providing Biblical and spiritual training, events and meeting spaces for prayer and sharing is the resultant lives that people lead - lives with a greater sense of well-being, purpose, meaning and connection.

As a result:

people are encouraged and inspired to live socially responsible, compassionate lives focused on service to family, neighbours, colleagues, friends and the wider community.
programs and services that churches provide, such as creche facilities, youth groups, community meeting places, and food banks provide benefits to the wider community and contribute to community health, education and development.

All services provided by The Foundry International in the pursuit of their purpose are available to the general public, irrespective of their own beliefs, background or financial situation. Where meetings, teaching or resources are provided online there are no geographical restrictions.

With a concentration of relationships and churches already in the South London area, focus will initially be given to local events in and around this area – but as noted already, there is no exclusion based on a person’s location or financial situation.

The focus of this work is for The Foundry International to serve Christians and churches, so they in turn can serve their local communities, as well as sharing with anyone interested the joy of what it means to be a Christian and to live a life full to the potential of the purpose for which God has made them.

More, and healthier, churches will be able to provide more and better services to their communities.

Charity Purposes and Beneficiaries – How do they benefit?

Charity Purpose 2 . To relieve poverty or financial hardship across the United Kingdom and other nations of the world by issuing grants and providing the charity’s resources to individuals and organisations that strategically support and empower effective social and community transformation.

We believe Christians have a responsibility to fight against poverty and financial hardship and to support people in need.

A minimum of 58% of all charity income is set aside to be given away through The King’s Purse for redistribution in the form of grants and gifts. The trustees have determined that the current priorities for support are:

The advancement of the Christian faith;
Church planting and network opportunities across the Christian church;
Relief of poverty or financial hardship;
Individuals who can evidence financial hardship; and
Giving to small and medium organisations or individuals, where there is likely to be a more significant impact (rather than giving to large or UK-wide organisations.)

We aim to give towards addressing the causes of and prevention of poverty as well as to direct relief of poverty - whether for one individual, family, charity or organisations that helps multiple individuals, families, or a sector of the population.

We also want to find other ways beyond financial support to catalyse work, support or instigate works that fight against poverty and financial hardship.

There is no requirement that any applicants for a grant or recipient of a gift share our faith or beliefs or attend our events/initiatives - therefore beneficiaries of grants can include any member of the public so long as the purpose for which the grant is sought is in line with The Foundry International’s charitable purposes, the criteria noted and any applicable policies.

The aim behind this purpose is to benefit wider society through lives that are changed for the better through relief of financial hardship, as well as through strategic social and community transformation.

Core work and outcomes 2024 – 2025: Sutton Community Project (SCP)

Headline impacts of Sutton Community Project

According to The Food Foundation’s Food Insecurity Tracker, the latest data on national food insecurity levels show 9.3 million adults (17.7% of households) experienced food insecurity, with 1 in 4 households with children (4 million children) experiencing food insecurity in the month.
In the London Borough of Sutton, it is estimated that 18% of Sutton residents live in poverty, rising to 25% of children living in the borough.
Every Tuesday (excluding 2 weeks over Christmas) SCP collects surplus food from local shops and redistributes this in food boxes to local people in need.
Each of the food boxes has an approximate value of £40* and on average 140 food boxes are given away each week for 50 weeks of the year. Recipients vary from individuals to families (family sizes range from 2 to 10 people.)
Where needed the charity buys additional foods to go into these food boxes. Incredibly this means that up to £281,165 of goods were given away – benefiting up to 7,000 individuals and families across the year.
Additionally, every week there is a safe space where free tea, coffee and cake are served for visitors to enjoy chatting, meeting new people and building friendship.
100 volunteers work with the project, with a dedicated core of 20-30 every week.
There are also optional weekly Bible study courses and baptism courses run and prayer offered to anyone who wishes.

Find out more at suttoncommunityproject.com.

*Average contents include: 3 tins (beans/soup/tomatoes), bag of carrots, bag of potatoes (2–2.5kg), loaf of bread, 6 eggs, cucumber, spring onions, onions (bag), broccoli, bag of salad, bananas, apples, plums , oranges, smoothie drink, pack of meat, pasties, cereal, ready meals, milk (2–3 litres). Additionally, where needed toiletries, sanitary products, flowers and nappies are provided.

Core work and outcomes 2024 – 2025: The King’s Purse

The Foundry International Trustees have committed to prayerfully and carefully giving away more of our income than we spend. This means that a minimum of 58% of our income goes into what we call ‘The King's Purse.’ From inception to March 2025 the amount given to The King's Purse was 51%, but in April 2025 the Trustees agreed to increase this to 58%. These resources are redistributed in the form of grants and gifts to:

support the advancement of the Christian faith;

support church planting and network opportunities across the Christian church; help in the relief of poverty or financial hardship;

help individuals who can evidence financial hardship.

The King’s Purse:

Opening Balance: £6,834

Income: £28, 524

(from percentage of charity income)

Grants and Gifts awarded: (£24,567)

KP Balance YE: £10,791

In 2024-2025 The King’s Purse awarded grants or gifts to:

A Christian worker – to cover training course costs, ministry travel costs and living costs for a Christian worker in financial difficulty.

The Send – we bought 40 tickets to gift to people in the Foundry family who wanted to attend The Send gathering in Wembley Arena. This event was a missional gathering of over 5,000 people to pray and respond to the great commission.

Turn Nations – We provided funding to help facilitate the Turn Nations event, held by All Nations church. This event was a conference for Christians and church leaders.

A Christian worker – to cover training course costs, ministry travel costs and living costs for a Christian worker in financial difficulty.

Alaska Ministry Network – purchase of bibles for Christians living in Pakistan – both written bibles and also solar bibles (as there are illiteracy rates of around 40% in Pakistan.)

…continues on the next page

Core work and outcomes 2024 – 2025: The King’s Purse

The King’s Purse:

Opening Balance: £6,834

Income: £28, 524 (from percentage of charity income)

Revelation Training and Development – to cover the cost of developing the School of Word and Spirit (SOW/S) – this is a key emerging resource of teaching, group sessions and online content for equipping Christians.

– Individual purchase of a mattress to help an individual who had been given accommodation to be able to stop living on the streets, but did not have a bed.

A Christian worker – to support a Christian worker who runs a gym outreach and sports ministry.

Grants and Gifts awarded: (£24,567)

KP Balance YE: £10,791

– Servants Quarters to cover travel costs for four journeys to enable people to attend our Servants Quarters events, where financial difficulty would have prevented their joining.

– Small Community church purchase of 20 bibles for a small independent community church.

Christian Musician – funding to allow the completion and release of four new worship songs.

– Street Connect supporting running costs, including project worker salaries and core management/administration, for a charity that works with individuals struggling with addiction and associated issues.

Small Community church – temporary venue hire for small community church who had outgrown meeting in someone’s home and needed a temporary venue for a number of months.

The following pages provide additional information about a couple of the works we’ve supported.

Core work and outcomes 2024 – 2025: The King’s Purse

Hannah Atkins Latty is a song writer, performer, worship leader and Ministry Director at Ashburnham Place. The purpose of this award was to allow the completion and release of four new worship songs.

The award covered the costs for the session musicians, production, filming, mixing, mastering, distribution and graphic design of the art work for four songs.

These songs have had around 10,000 views on YouTube, many thousands on Instagram and Facebook & have been played on UBC 2 and Heart radio.

They have also been shared/performed at Spring Harvest France, a Catholic conference ‘Celebrate’ in Sussex, regularly at Ashburnham Place & local churches, and at David’s Tent.

In relaying the reception, Hannah shared: “The most moving comments are from listeners who have recently suffered great loss - of friends, babies, family members & have been comforted by the truth in the song that Jesus is the only solid rock we can stand on & there is Hope event beyond disappointment, pain, loss, misunderstanding and even death.”

These songs are available on Spotify, iTunes, Amazon Music and YouTube.

We were delighted to support Hannah through The King’s Purse. To find out more, visit: hannahatkinslatty.com

Core work and outcomes 2024 – 2025: The King’s Purse

Street Connect offers hope that can lead to life transformation for individuals struggling with addiction and associated issues such as homelessness and poor mental health.

The award covered supporting running costs, including project worker salaries and core management/administration costs.

Overall, Street Connect estimated that 2,706 people benefitted from their services across 17 projects - with 8,180 street outreach interventions and 4,673 footfalls in their drop-in cafés. 34% of beneficiaries worked closely with them (926 individuals), of which:

315 individuals took part in their community recovery groups.
201 went on to receive intensive one-to-one Key Work support.

Over 80% of participants undertaking a recovery plan showed improvement or stability across all key indicators.

Of the 25 individuals in their Aftercare programme, 60% (15 participants) were engaged in internships or voluntary placements. Additionally, 32% (8 participants) were in education and/or employment. To date, 70% of their “move-on flat residents” have progressed to positive destinations such as further education, employment, or independent living.

Jason’s Story: “Before I came to Street Connect, my life wasn’t manageable or bearable. Drugs were the main focus in my life, and I had no hope of being free. Now, I have found peace in recovery, and I have hope for my future. I’m starting to learn a lot more about myself. I have started to be encouraged about my future. My hopes for the future are simple. I look to continue engaging with Street Connect for support in my recovery. I look to find training and employment in my future. To share something positive in my recovery journey so far, I am happier now. My family have witnessed the change in me.”

We were delighted to support Street Connect through The King’s Purse. To find out more, visit: streetconnect.co.uk

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

1. Core works

(Charity Operation)

Stewards team: to further develop this leadership team for the whole of the Foundry charity. Spiritual leadership is key, but there should be a gathering of practical, operational and familial threads into this team.

The Stewards team was established as a core of three appointed people. With regular rhythms of meeting, they - acted as “mothers and fathers” to the Foundry Family group leading this work and the pastoral care of those involved.

This team also directly oversaw the broader work across the Foundry and its interaction with other charities, ministries, organisations and churches.

Charity team: Foundry charity workers, contractors, trustees etc. need to be considered and gathered as a whole charity - team refreshed supervision/support lines to be established for all key workers, along with new rhythms and routines for prayer, worship and spiritual formation to build a broader sense of family and journey.

Work was carried out to look at how to further ‘build out’ these teams and the creation of richer rhythms of meeting and working. But no significant changes were implemented in the last year.

Treasury team : a new team, potentially including regular givers to the Foundry, the Treasury team will pray for and support the gathering-in of finance into the Foundry. This team will not have any authority over expenditure or outward giving and will not include anyone who has sight of the identity or generosity of those who support the Foundry financially.

The broad structure and function of this team was outlined, but in the financial year no-one was appointed to this team and it did not start to meet.

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

1. Core works

(Charity Operation)

Contractor Arrangements: Continued review of this approach, the nature of engagement and roles required.

– > This was reviewed by the Trustee team and was agreed as the best practical way to continue to run given the limited finances available to the charity.

Internal and External Communications : Considering the ways in which we can better communicate internally and externally, to enhance the performance and service of the charity and its aims.

There was a review of our methods of communications. The main significant work agreed was to re-build the
website to provide greater clarity and easier access to resources. Work has started on shaping the new site.

There was also work looking at the potential use of email campaigns to communicate with those connected to the charity, but nothing new started.

Within some of the specific works, there were more subtle changes made about how they communicated with
other teams and beneficiaries.

Trustees: work to identify potential new trustees, to ensure continued strong oversight for the charity.

During the year there was a new Trustee appointed to the team and, as anticipated, one Trustee stepped down.

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works:

----- Start of picture text -----
Sutton
Basecamp Servants The King’s
Community KingsGuard
Online Quarters Purse
Project
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Identified works: consider the existing ‘potential new works’ that have been identified (e.g. “Serve the Servants” - Gathering - wider leaders for prayer, worship, instruction and equipping; or “Sons of Calvary” gathering men for prayer, worship, discipleship and equipping) and prayerfully review whether they are works to be started in this next year.

New works: ensure regular and prayerful awareness to any new works that are to be established; works to be ‘adopted’ into the charity; or ones to be released from the charity and established outside the aegis of the Foundry.

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works: Sutton Basecamp Servants The King’s Community KingGuard Online Quarters Purse Project The SCP team carried out a thorough review of its operational structures and team. This resulted in a new organisational structure, the creation of team lead roles and the Review current Present existing Appoint designated leaders to oversee and lead development of these services support structures material to a wider appointment of volunteers into those positions. over the year ahead. to find any audience; enhancements; create/curate more The results of these changes were instantly beneficial to the weekly running of the project Refine then get sign-off on their strategic plans and Continue to review include more in material from a and its overall performance. As well as reducing some of the burden on the project leads.begin implementation no later than early 2025 the balance of wider charity team; wider range of applications and and maintain voices; and awards to ensure an support of the investigate potential appropriate cover of incredible work partners to enhance all charitable aims already underway. this work. and objectives set in the policy.

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works:

----- Start of picture text -----
Sutton
Basecamp Servants The King’s
Community KingGuard
Online Quarters Purse
Project
Review current Present existing Appoint designated leaders to oversee and lead development of these services
support structures material to a wider over the year ahead.
to find any audience; Further work on Basecamp Online was tied into the larger piece of
enhancements; create/curate more Refine then get siwork lookin g n-off on thei at the ove r strategic plans anhaul and rebuil d of the charity wContinu e to review bsite.
include more in material from a begin implementation no later than early 2025 the balance of
wider charity team; wider range of applications and
Work is underway.
and maintain voices; and awards to ensure an
support of the investigate potential appropriate cover of
incredible work partners to enhance all charitable aims
already underway. this work. and objectives set in
the policy.
----- End of picture text -----

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works:

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works:

----- Start of picture text -----
Sutton
Basecamp Servants The King’s
Community KingsGuard
Online Quarters Purse
Project
Review current Present existing Appoint designated leaders to oversee and lead development of these services
support structures material to a wider over the year ahead.
to find any audience;
enhancements; create/curate more Refine then get sign-off on their strategic plans and Continue to review
include more in material from a begin implementation no later than early 2025 the balance of
wider charity team; wider range of applications and
and maintain voices; and awards to ensure an
support of the investigate potential appropriate cover of
incredible work partners to enhance all charitable aims
already underway. this work. and objectives set in
the policy.
Both Servants Quarters and KingsGuard had agreed strategies and worked on
delivering them throughout the financial year.
Identified works: consider the existing ‘potential new works’ that have been identified (e.g. “Serve the Servants” - Gathering
-
wider leaders for prayer, worship, instruction and equipping; or “Sons of Calvary” gathering men for prayer, worship,
discipleship and equipping) and prayerfully review whether they are works to be started in this next year.
New works: ensure regular and prayerful awareness to any new works that are to be established; works to be ‘adopted’ into
the charity; or ones to be released from the charity and established outside the aegis of the Foundry.
----- End of picture text -----

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

2. Proprietary works

(Charity ‘Owned’)

Existing works:

----- Start of picture text -----
Sutton
Basecamp Servants The King’s
Community KingsGuard
Online Quarters Purse
Project
Review current Present existing Appoint designated leaders to oversee and lead development of these services
support structures material to a wider over the year ahead.
to find any audience;
enhancements; create/curate more Refine then get sign-off on their strategic plans and Continue to review
include more in material from a begin implementation no later than early 2025 the balance of
wider charity team; wider range of applications and
and maintain voices; and awards to ensure an
support of the investigate potential appropriate cover of
incredible work partners to enhance all charitable aims
already underway. this work. and objectives set in
The King’s Purse – the plan was to maintain the work as established. More
the policy.
details follow about this work later in the report.
Identified works: consider the existing ‘potential new works’ that have been identified (e.g. “Serve the Servants” - Gathering
The Trustees continued to oversee and manage the balance of giving to cover
-
wider leaders for prayer, worship, instruction andcharitable aims.equipping; or “Sons of Calvary” gathering men for prayer, worship,
discipleship and equipping) and prayerfully review whether they are works to be started in this next year.
New works: ensure regular and prayerful awareness to any new works that are to be established; works to be ‘adopted’ into
the charity; or ones to be released from the charity and established outside the aegis of the Foundry.
----- End of picture text -----

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

Proprietary works (Charity ‘Owned’)

----- Start of picture text -----
Existing works:
Sutton
Basecamp Servants The King’s
Community KingsGuard
Online Quarters Purse
Project
Review current Present existing Appoint designated leaders to oversee and lead development of these services
support structures material to a wider over the year ahead.
to find any audience;
enhancements; create/curate more Refine then get sign-off on their strategic plans and Continue to review
include more in material from a No new works were startbegin implem e ntation no later than early 2025d in the year. the balance of
wider charity team; wider range of applications and
and maintain However, the “Serve The Servants” work was further developed and was agreed for implementation.voices; and awards to ensure an
support of the investigate potential appropriate cover of
incredible work partners to enhance all charitable aims
already underway. this work. and objectives set in
the policy.
----- End of picture text -----

Core work and outcomes 2024 – 2025: Review against targets

The target work for 2024-2025 was established around three areas of focus:

3. Supporting works

(‘Owned’ by others)

Focussed partnerships: we currently operate within a wider ecosystem of partners and Kingdom families (e.g. Kingdom Embassy, the School of Word and Spirit, All Through This Hour, All Nations etc.) Ensure we continue to support, as led by God, the integration and mutuality of these different thread families and works.

This was led by the Stewards Team – who appropriately maintained relationships with this wider ecosystem.

Regional Impact: we have some influence on local works (advancing the Christian faith, relieving poverty and encouraging oneness in the body of Christ) in three different regions – Sutton, Kingston and more broadly across South-West London. In this next season it would be good to track and share something of the story for learning, inspiration and prophetic encouragement. As well as identifying other areas, Foundry representatives have establishing influence to continue to work in partnership for the fullness of all that God has for these areas.

Nothing further happened with this work in the financial year.

National Impact: both from the initial naming of the charity – The Foundry International – and prophetic words, we believe there is a calling to serve the bride of Christ in different nations. In-line with the regional point above, begin to explore how we might support (spiritually at very least) connected Christians in other nations.

This was led by the Stewards Team.

Associate Partners: potential investigation of an associate's programme for individuals who wish to receive specific spiritual, and potentially financial, support from the Foundry in their ministry work.

Nothing further happened with this work in the financial year.

Financial Review: a snapshot of income, expenditure, operational and King’s Purse cash FY 2024-2025

Operations Expenditure Charity Income The King’s Purse (KP) Professional Fees: (£22,310) Donations received: £43,448 Opening Balance: £6,834 Venue Hire: (£4,440) HMRC Gift Aid: £10,733 Communication: (£1,265) Income: £28,524 _(from 58% of charity income)_ Food Donations : (£1,165) 58% to The King’s Purse: (£28,524) Grants and Gifts awarded: (£24,567) Sundry Costs: (£427) SCP Grant Funding: £1,689 Legal and Professional: (£290) Insurance: (£288) Total Operations Income: £27,346 Events and Conferences: (£282) Volunteer Costs: (£150) KP Balance YE: £10,791 *In April 2025 the Trustees increased this to 58% from 51% Total Ops Expenditure: (£30,618) Donated Goods Operations Summary Charity cash Balance YE Value of donated goods: £280,000 Opening Bank Balance: £7,979 King’s Purse: £10,791 Operations Income: £27,346 Ops Cash: £4,737 The Donated goods are collected from partners Operations Expenditure: (£30,618) and given away within the same week via SCP. Cash in Bank: £15,528 Creditors: (£270) Operations Balance YE: £4,737

Charity cash Balance YE King’s Purse: £10,791 Ops Cash: £4,737 Cash in Bank: £15,528 Creditors: (£270) Unrestricted Funds: £15,258

Value of donated goods: £280,000

The Donated goods are collected from partners and given away within the same week via SCP.

Financial Review : Charity donations and Income

Charity Income

Donations received: £43,448

HMRC Gift Aid: £10,733

58%* to The King’s Purse: (£28,524) SCP Grant Funding: £1,689

We are blessed by incredible generosity.

There are a number of faithful individuals who have practically supported the vision for The Foundry International with financial donations.

We received £43,448 in gifts to the charity – this was from direct giving from 15 unique individuals (£38,890) and by an optional £1 donations from those receiving food boxes at SCP (£4,558.)

SCP were gifted grants and gifts from Neighbourly, South London Japanese Church, Community Action Sutton and Homefield Preparatory School.

Total Operations Income: £27,346

*In April 2025 the Trustees increased this to 58% from 51%

Financial Review : Charity donations and Income

Donated Goods

Value of donated goods: £280,000

Partnering with The Felix Project & Neighbourly, for 50 weeks of the year (we have a twoweek break over Christmas) we collect surplus food from local supermarkets. This food is then boxed and given away every Tuesday to people in need.

The Donated goods are collected from partners and given away within the same week.

We give away on average 140 boxes per week with an average value of £40 per box.

Average box contents include: *Average contents include: 3 tins (beans/soup/tomatoes), bag of carrots, bag of potatoes (2–2.5kg), loaf of bread, 6 eggs, cucumber, spring onions, onions (bag), broccoli, bag of salad, bananas, apples, plums , oranges, smoothie drink, pack of meat, pasties, cereal, ready meals, milk (2–3 litres). Additionally, where needed toiletries, sanitary products, flowers and nappies are provided.

Additionally, where needed, toiletries, sanitary products, flowers and nappies are provided.

We additionally buy goods in a given week if “top ups” for the food boxes are required – we spent an additional £1,165 in the last financial year. As a result, through these food boxes we have given away £281,165 of food and other essentials.

The SCP project has been running under the auspices of the Foundry since January 2024 however, a valuation on these donated boxes has only be included (in both income and expenditure) since the year under review.

Financial Review: Overview of operational spend

Operations Expenditure Professional Fees: we have engaged two contractors throughout the year to deliver targeted packages of work to help establish the charity, administrate the King’s Purse, and Professional Fees: (£22,310) begin practical works to deliver against the Charity’s plans. Venue Hire: (£4,440) Venue Hire: SCP hire a local venue space every Tuesday for the distribution of the food Communication: (£1,265) boxes, as well as for tea/coffee space and the running of bible study courses. Food Donations : (£1,165) Communication: We have four main groups of tools we use: Google provides all our Sundry Costs: (£427) email; storage and collaboration tools; Zoom is used to host online meetings; and Restream, Captivate and Squadcast are used to record and distribute training and Legal and Professional: (£290) teaching material; and then costs for our website. Insurance: (£288) Food donations: we buy “top ups” for the food boxes where needed. Events and Conferences: (£282) Volunteer Costs: (£150) Sundry Costs: there are various additional costs for things like hygiene gloves for boxing food, study booklets etc. Total Ops Expenditure: (£30,618) Legal & Professional: We engage an independent examiner for our accounts, as per Charity Commission requirements. Insurance: our annual cost for insurance. Events and Conferences: we hosted a “big Lunch” for our beneficiaries at SCP as part of a national event. Volunteer Costs : we complete DBS checks for some of our volunteer roles.

Financial Review: Overview of operational spend

– Contractor Engagement hours worked

----- Start of picture text -----
£3,800
£2,670
200 £1,955
£2,000 £2,000
£1,825
The maximum billable hours have flexed
180 £1,970 £2,000
throughout the year based on work
required, available budget and contractor £1,505 £1,585
160 £1,000
availability.
140
We are confident we continue to utilise the £-
best strategy with our method of contractor
120
engagement. We would not have been able
to make as much progress against our plans
100
without engaging workers, yet we could not
afford to employ permanent members of 80
staff.
60
It has been pragmatic as well as providing
financial protection to the charity, allowing 40
us to flex engagement based on available
finances. 20
0
Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025
----- End of picture text -----

Akhtar hours total: 600 (prev. FY was 612.5 hrs) Lewis hours total: 515.5 (prev. FY was 587.75 hrs) Total contractor costs

Financial Review: Overview of The King’s Purse

– An overview of The King’s Purse was provided earlier in “Core Work and Outcomes” but for completeness, here is a profile breakdown of The King’s Purse across the FY.

----- Start of picture text -----
£12,000.00
£10,000.00
£8,000.00
£5,517.19
£6,000.00
£4,140.50
£4,000.00
£2,021.00 £2,835.52 £2,778.86
£2,163.22
£1,730.42 £1,568.76 £1,870.11
£2,000.00 £1,317.67 £1,172.72 £1,408.11
£-
Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25
£(98.59) £(266.85) £(898.05) £(1,134.00)
£(2,000.00)
£(1,649.00)
£(2,000.00)
£(2,302.50)
Grants
£(2,698.69)
£(4,000.00)
Income
£(4,108.95)
£(4,750.00) £(4,660.00)
Balance
£(6,000.00)
----- End of picture text -----

Looking Ahead: Strategic Plan for the year ahead, and beyond…

Our intentional approach

We want to always retain a sensitivity to the Spirit of God, to be responsive to what He is doing – this has been the one key in all that has happened to date. For this reason, we set any focus ahead knowing that these are ‘broad brush’ but that we will react and engage in works during the year we could not anticipate at its outset.

Through all this, our charitable aims will be worked out in several ways:

Advancing Christianity through prayer, worship, evangelising, healing, equipping, gathering, supporting, and funding;
And relieving poverty through prayer, worship, healing, equipping, gathering, supporting and funding.

Some of this work will be initiated from the Foundry directly, while other works will be initiated by others and supported by the Foundry in diverse ways.

- In 2025 2026 we will:

Carry out a strategic review of all aspects of the charity work and set a strategic plan for the years ahead.
– -
Continue with all core projects and work making tactical improvements where needed this encompasses: The King’s Purse; Sutton Community Project; the Stewards Team; Servants Quarters; Basecamp Online; KingsGuard; and engagement with the ‘Foundry Family.’
Maintain and develop our wider connection to other churches, charities, organisations and movements as appropriate throughout the year.

Father we once again surrender all this Foundry work, and ourselves, to Your mercy, Your grace and Your will. Lord Jesus, work in us, for us and through us for Your glory and for the saving of many lives. We love you and we long to lay our lives down for you – and to help other sons and daughters of God to do the same.

We long to play our part in the glorious harvest, gathering in the lost who are the bride in waiting – and helping to adorn and prepare Your bride, in joyful anticipation of Your soon return. Lord bless us as we seek You and seek to do Your will, by Your Spirit, on Your terms and in Your timing.

We are yours, now and forever, Amen.

“We do not know what to do, but our eyes are on you.” 2 Chronicles 20:12

Appendices 31

The Foundry International ANNUAL REPORT AND ACCOUNTS

Financial Statements

Statement of Financial Activities (Incorporating an Income and Expenditure Account) Year Ended 31st May 2025

Financial Statements Statement of Financial Activities (Incorporating an Income and Expenditure Account) Year Ended 31st May 2025
Note Income from: Donations 2 Total income Expenditure on: Charitable activities 3 Total expenditure Net Surplus before transfers Transfer between funds Net Movement of funds Total Unrestricted funds brought forward at 1 June 2024 Total Unrestricted funds carried forward at 31 May 2025		Unrestricted funds 2025 £ 54,181 54,181 48,619 48,619 5,562 (4,876) 686 14,572 15,258	Restricted funds 2025 £ 281,689 281,689 286,565 286,565 (4,876) 4,876 - -	Total funds 2025 £ 335,870 335,870 335,184 335,184 686 - 686 14,572 15,258		Unrestricted funds 2024 £ 61,536 61,536 58,073 58,073 3,463 - 3,463 11,109 14,572		Unrestricted funds 2023 £ 54,925 54,925 43,816 43,816 11,109 - 11,109

The Foundry International ANNUAL REPORT AND ACCOUNTS Financial Statements Balance Sheet Year Ended 31st May 2025 Note Current assets Cash at bank Liabilities Creditors: amounts falling due within one year 6 Net current assets Total assets less current liabilities Funds Unrestricted funds: Restricted Funds Notes 1 to 6 form part of these financial statements.	2025 15,528 (270) 15,258 15,258 - 15,258	2024 £ 14,812 (240) 14,572 14,572 - 14,572	2023 £ 11,359 (250) 11,109.00 11,109 11,109

The financial statements were approved and authorised for issue by the Board of Trustees on 16/02/2026 and signed on their behalf by:

___________ Mr L Campbell Trustee The Foundry International ( Company number 11986581)

Financial Statements Statement of Cash Flows Year Ended 31st May 2025

Cash flows from operating activities Net income for the year (as per the Statement of Financial Activities) Adjustments for: Decrease/(increase) in debtors (Decrease)/increase in creditors Cash flows (used in)/generated from operating activities Cash flows from investing activities Net cash provided by investing activities (Decrease)/increase in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Analysis of cash and cash equivalents Cash in hand Cash in bank Total cash and cash equivalents		Total funds 2025 686 - 30 716 - 716 716 14,812 15,528 2025 - 15,528 15,528		Total funds 2024 £ 3,463 - (10) 3,453 - 3,453 3,453 11,359 14,812 2024 - 14,812 14,812		Total funds 2023 £ 11,109 - (7,775) 3,334 - 3,334 3,334 8,025 11,359 2023 - 11,359 11,359

The Foundry International ANNUAL REPORT AND ACCOUNTS

Notes to the Accounts

Year Ended 31st May 2025

1 ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Foundry International meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2 Going concern

Free unrestricted reserves of the charity at the year end amounted to £15,528 (2024: £14,572). The Trustees are also satisfied with the controls in place for monitoring and flexing the budget throughout the year.

1.3 Incoming resources

Cash donations are recognised on receipt including gift aid. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

1.4 Donoted Goods

The calculation for donated goods is based on the average cost of each item of food given over the year. The SCP project runs for 50 weeks of the year, giving away an average 140 boxes per week with an average value of £40 per box. The Donated goods are collected and given away within the same week.

2 Income from grants, donations and legacies Individuals Grants from Trust , Foundations or Churches Donated Goods Gift Aid 3 Analysis of expenditure on charitable activities Grant and Donations - The Kings purse Grant and Donations - Sutton Community Project Professional fees to train and support churches and christians in their mission Support Cost and Governance 4 Support Cost Communication Insurance Venue Hire Travel, Events & Conferences Volunter Cost Printing, Postage Stationery and Sundry cost Bank charges Governance costs Review of Accounts Total Support and governance cost	2025 44,448 689 280,000 10,733 335,870 2025 £ 24,567 281,165 22,310 7,142 335,184 2025 1,265 288 4,440 282 150 427 - 6,852 290 7,142	2024 £ 47,660 500 13,376 61,536 2024 £ 29,834 - 23,925 4,314 58,073 2024 £ 1,905 288 750 699 442 - 4,084 230 4,314	2023 £ 54,925 - - 54,925 2023 £ 16,700 24,750 41,450 2023 £ 1,289 259 175 376 13 4 2,116 250 2,366

5 Trustee and employee information

a) Trustee information

No trustees received any remuneration or other benefits during the year (2024: £Nil). Six trustees served during the year (2024: Five).

Two trustees were paid professional fees, one for £12,000( 2024 £12,250) and another was paid £10,310 (2024 £11,675 )

No trustee was reimbursed for travel & other expenses £0 (One trustee 2024 £680)

b) Employee information

There are no employees working for charity for 2025 and 2024

Creditors: amounts falling due within one year Accruals	2025 270 270	2024 £ 240 240	2022 £ - 250 250

6 Creditors: amounts falling due within one year

Independent examiner's report to the Trustees on the unaudited financial statements of The Foundry International Limited.

I report on the financial statements for The Foundry International Limited for the year ended 31[st] May 2025 set out on the following pages.

Respective responsibilities of Trustees and examiner

The charity’s Trustees (who are also the Directors for the purpose of company law) are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)), and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility:

to examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section
145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements:

● to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and

● to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Charles Tait Charles Tait Accounting Limited

Date: 13 February 2026