**REGISTERED CHARITY NUMBER: 1202187**
## **Trustees' Report and**
**Unaudited Financial Statements for the Year Ended 30 September 2025**
**for**
## **Eternity Church Downham Market**
Stephenson Smart (East Anglia) Limited Chartered Accountants 22-26 King Street King's Lynn Norfolk PE30 1HJ
**Eternity Church Downham Market**
## **Contents of the Financial Statements for the Year Ended 30 September 2025**
||**Page**|
|---|---|
|**Trustees' Report**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 12|
|**Detailed Statement of Financial Activities**|13 to 14|
## **Eternity Church Downham Market**
## **Trustees' Report for the Year Ended 30 September 2025**
The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The accounts have been prepared on the receipts and payments basis in accordance with the requirements of the Charities Act 2011 and applicable Charity Commission guidance.
## **Objects and activities of the charity**
## **Objects (as set out in the charity's constitution)**
The objects of the Church are for the benefit of the public:
- a) to advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit;
- b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time to time think fit; and
- c) to advance education in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit.
## **The main activities undertaken in relating to those objects during the year**
Holding regular meetings Operating separate men's and women's ministries
Starting a Sunday School Supporting young people to attend Christian events Promoting worship, prayer and teaching Developing the use of the hall for community groups Operating the Downham Market and District Foodbank Sponsoring children abroad, through the charity Compassion UK
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## **The main achievements during the year**
During the year, the church saw 30% growth in terms of its Sunday congregation. This included a rise in the number of children attending, and so the church relaunched its Sunday School in September 2025.
Two of the church leaders undertook Ministry Training with the Assemblies of God, and the church also developed its links with other churches, both locally and nationally. These initiatives have enhanced the provision of spiritual leadership to the congregation.
The hire of the church hall increased during the year, particularly during weekday evenings. Regular hirers included groups such as archery, baton twirling and Council-led projects, enabling the building to serve the wider community in a meaningful way.
The Downham Market and District Foodbank successfully supported people in need in the local community throughout the year. The foodbank distributed 13,448.2kg of food, received 13,492.22kg in donations and provided 1,149 food parcels over the year. In partnership with Downham Market Churches Together, the Christmas Dinner in a Box initiative supported over 50 families with Christmas hampers, providing practical help and hope during the festive season.
The church continued its partnership with Compassion UK, sponsoring 10 children in poverty, mainly in Ethiopia, to enable them to gain access to healthcare, education and nutritional support.
1
**Eternity Church Downham Market**
## **Trustees' Report for the Year Ended 30 September 2025**
## **Financial review**
## **Policy on Reserves**
The charity aims to maintain a minimum general reserve of £10,000 over the value of non-liquid assets as this is considered adequate for day-to-day transactions.
## **Financial Performance and Adequacy of Assets**
The trustees consider the financial performance by the charity during the year to have been satisfactory. The trustees are satisfied that the charity's assets are available and adequate to fulfil its obligations.
## **Structure, governance and management Governing document**
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW).
The governing document is dated 06 March 2023.
There are no restrictions in the governing documents on the operation of the charity or on its investment powers other than imposed by Charity Law.
The trustees are all individuals.
## **Reference and administrative details**
## **The charity name**
The legal name of the charity is: Eternity Downham Market
## **The charity's areas operation and UK charitable registration**
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1202187. The charity does not operate in any overseas jurisdictions.
## **Principal address**
Sovereign Centre Trafalgar Industrial Estate Sovereign Way Downham Market PE38 9SW
Telephone: (01366) 384474 Email: office@eternitydownham.co.uk Website: www.eternitydownham.co.uk
## **The trustees in office on the date the report was approved were:**
Mr N D Butt (Chair) Mr A Loxley-Beck Mr A MacQueen (appointed 23.3.2025) Mr C Bacon (appointed 5.1.2026)
All of the trustees are also members of the charity. Trustees are recruited from within the church’s congregation.
2
Eternity Church Downham Market
Trustees, Report
for the Year Ended 30 September 2025
The following persons served as trustees during the year ended 30 September 2025
Mr N D Butt (Chair)
Mr A Loxley-Beck
Mr A MacQueen (appointed 23.3.2025)
Mr W J Clere (resigned 31.10.2025)
Independent Examiner
Stephenson Smart (East Anglia) Limited
Chartered Accountants
22-26 King Street
King's Lynn
Norfolk
PE30 IHJ
Approved by order of the board of trustees on .
and signed on its behalf by:
Mr N D Butt- Trustee and Chair
Independent Examiner's Report to the Trustees of
Eternity Church Downham Market
Indepenilent examiner's report to the trustees of Eternity Church Downham Market
I report to the charity trustees on my examination of the accounts of Etemity Church Downham Market (the Trust) for
the year ended 30 September 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responstble for the preparation of the accounts in accordance with the
requirernents of the Charitie5 Act 20111'the Art'l.
I report in respert of my examination of the Trust's accounts carried out under Section 145 01 the Act and in carrying
out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl
of the Act.
Independent èxamirter's statement
I have cotnpleted my exarnination. I confiTrn that no Tnaterial matters have corne to my attention in connection with
the examination giving me cause to believe that in any material respecr..
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- or
the accounts do not comply with the applrcable requirements conceining the form and content of accounts set
out in the Charities IAccounts and Reports) Regulations 2008 other than any requiremeni that the accounts
give a true and fair view which 15 riot a matter considered a5 part of an independent examination.
I have no concern5 and have come across fbo Other rnatters in convbection with the examination to which attention
should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached.
Dan Jastrzebski FCA CTA
Stephenson Smart (East Anglial limited
Chanered Accountanrs
22-26 King Street
King's Lynn
Norfolk
PE30 IHJ
19 June 2026
## **Eternity Church Downham Market**
## **Statement of Financial Activities for the Year Ended 30 September 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments from**
Donations and legacies
70,451
13,357
**Charitable activities**
Foodbank
-
53,581
Investment income
2
5,182
-
Other income
55
-
**Total**
75,688
66,938
**Expenditure on**
**Charitable activities**
Foodbank
-
27,474
General fundraising
22,864
-
Other
56,998
18,753
**Total**
79,862
46,227
**NET INCOME/(EXPENDITURE)**
(4,174)
20,711
**Transfers between funds**
8
17,114
(17,114)
**Net movement in funds**
12,940
3,597
**Reconciliation of funds**
Total funds brought forward
750,379
92,143
**Total funds carried forward**
763,319
95,740|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments from**
Donations and legacies
70,451
13,357
**Charitable activities**
Foodbank
-
53,581
Investment income
2
5,182
-
Other income
55
-
**Total**
75,688
66,938
**Expenditure on**
**Charitable activities**
Foodbank
-
27,474
General fundraising
22,864
-
Other
56,998
18,753
**Total**
79,862
46,227
**NET INCOME/(EXPENDITURE)**
(4,174)
20,711
**Transfers between funds**
8
17,114
(17,114)
**Net movement in funds**
12,940
3,597
**Reconciliation of funds**
Total funds brought forward
750,379
92,143
**Total funds carried forward**
763,319
95,740|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments from**
Donations and legacies
70,451
13,357
**Charitable activities**
Foodbank
-
53,581
Investment income
2
5,182
-
Other income
55
-
**Total**
75,688
66,938
**Expenditure on**
**Charitable activities**
Foodbank
-
27,474
General fundraising
22,864
-
Other
56,998
18,753
**Total**
79,862
46,227
**NET INCOME/(EXPENDITURE)**
(4,174)
20,711
**Transfers between funds**
8
17,114
(17,114)
**Net movement in funds**
12,940
3,597
**Reconciliation of funds**
Total funds brought forward
750,379
92,143
**Total funds carried forward**
763,319
95,740|**30.9.25**
**Total**
**funds**
**£**
83,808
53,581
5,182
55
142,626|**30.9.24**
**Total**
**funds**
**£**
75,997
62,173
3,212
52
141,434
55,313
19,345
82,981
157,639
(16,205)
-
(16,205)
858,727
842,522|
|---|---|---|---|---|
||-
22,864
56,998
79,862
(4,174)
17,114
12,940
750,379
763,319|27,474
-
18,753
46,227
20,711
(17,114)
3,597
92,143
95,740|27,474
22,864
75,751
126,089
16,537
-
16,537
842,522
859,059||
The notes form part of these financial statements
5
Eternity Church Downham Market
Balance Sheet
30 September 2025
30.9.25
Total
funds
30.9.24
Total
funds
Unrestrirted
funds
Restricted
funds
Notes
Fixed assets
Tangible assets
730,301
730,301
739,486
Current assets
Debtors
Cash at bank
186
117,468
37,052
95,740
132,792
37,052
95,740
132,792
117,654
Creditors
Amounts falling due within one year
(4,034)
(4,034)
(14,618)
Net current assets
33,018
95,740
128,758
103,036
Total assets less current liabilities
763,319
95,740
859,059
842,522
NET ASSETS
763,319
95,740
859,059
842,522
Funds
Unrestricted funds
Restricted funds
763,319
95,740
750,379
92,143
Total funds
859,059
842,522
The fina
ial statem
(I Iè Is2
ts were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Mr N D Butt- Trustee and Chair
The notes form part of these financial statements
**Eternity Church Downham Market**
**Notes to the Financial Statements for the Year Ended 30 September 2025**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Freehold property - 2% straight line Plant and machinery - 33% p.a. reducing balance, 25% p.a. reducing balance, 15% p.a. reducing balance and 10% p.a. reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
7
## **Eternity Church Downham Market**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **2. Investment income**
|**30.9.25**
**30.9.24**
**£**
**£**
Income from letting and licensing of property
3,867
1,950
Deposit account interest
1,315
1,262
5,182
3,212|**30.9.25**
**30.9.24**
**£**
**£**
Income from letting and licensing of property
3,867
1,950
Deposit account interest
1,315
1,262
5,182
3,212|**30.9.25**
**30.9.24**
**£**
**£**
Income from letting and licensing of property
3,867
1,950
Deposit account interest
1,315
1,262
5,182
3,212|
|---|---|---|
||5,182|3,212|
## **3. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **4. Comparatives for the statement of financial activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**Income and endowments from**
Donations and legacies
65,405
10,592
**Charitable activities**
Foodbank
-
62,173
Investment income
3,212
-
Other income
52
-
**Total**
68,669
72,765
**Expenditure on**
**Charitable activities**
Foodbank
-
55,313
General fundraising
19,345
-
Other
65,959
17,022
**Total**
85,304
72,335
**NET INCOME/(EXPENDITURE)**
(16,635)
430
**Reconciliation of funds**
Total funds brought forward
767,014
91,713|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**Income and endowments from**
Donations and legacies
65,405
10,592
**Charitable activities**
Foodbank
-
62,173
Investment income
3,212
-
Other income
52
-
**Total**
68,669
72,765
**Expenditure on**
**Charitable activities**
Foodbank
-
55,313
General fundraising
19,345
-
Other
65,959
17,022
**Total**
85,304
72,335
**NET INCOME/(EXPENDITURE)**
(16,635)
430
**Reconciliation of funds**
Total funds brought forward
767,014
91,713|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**Income and endowments from**
Donations and legacies
65,405
10,592
**Charitable activities**
Foodbank
-
62,173
Investment income
3,212
-
Other income
52
-
**Total**
68,669
72,765
**Expenditure on**
**Charitable activities**
Foodbank
-
55,313
General fundraising
19,345
-
Other
65,959
17,022
**Total**
85,304
72,335
**NET INCOME/(EXPENDITURE)**
(16,635)
430
**Reconciliation of funds**
Total funds brought forward
767,014
91,713|**Total**
**funds**
**£**
75,997
62,173
3,212
52
141,434
55,313
19,345
82,981
157,639
(16,205)
858,727|
|---|---|---|---|
||85,304|72,335||
||(16,635)
767,014|430
91,713||
8
## **Eternity Church Downham Market**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
|**4.**
**Comparatives for the statement of financial activities - continued**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**Total funds carried forward**
750,379
92,143
**5.**
**Tangible fixed assets**
**Freehold**
**Plant and**
**property**
**machinery**
**£**
**£**
**Cost**
At 1 October 2024 and 30 September 2025
747,792
7,950
**Depreciation**
At 1 October 2024
13,090
3,166
Charge for year
8,440
745
At 30 September 2025
21,530
3,911
**Net book value**
At 30 September 2025
726,262
4,039
At 30 September 2024
734,702
4,784
**6.**
**Debtors: amounts falling due within one year**
**30.9.25**
**£**
Trade debtors
-|**Total**
**funds**
**£**
842,522
**Totals**
**£**
755,742
16,256
9,185
25,441
730,301
739,486
**30.9.24**
**£**
186|**Total**
**funds**
**£**|
|---|---|---|
|||842,522|
9
## **Eternity Church Downham Market**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **7. Creditors: amounts falling due within one year**
|Trade creditors
Taxation and social security
Other creditors|**30.9.25**
**£**
1,634
-
2,400
4,034|**30.9.24**
**£**
12,102
208
2,308|
|---|---|---|
|||14,618|
## **8. Movement in funds**
|**Movement in funds**|||||
|---|---|---|---|---|
|||**Net**|**Transfers**||
|||**movement**|**between**||
||**At 1.10.24**|**in funds**|**funds**|**At 30.9.25**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|464,065|(4,174)|17,114|477,005|
|Designated fixed asset|286,314|-|-|286,314|
||750,379|(4,174)|17,114|763,319|
|**Restricted funds**|||||
|Foodbank|85,021|29,151|(18,432)|95,740|
|Heart for the home|7,122|(8,440)|1,318|-|
||92,143|20,711|(17,114)|95,740|
|**TOTAL FUNDS**|842,522|16,537|-|859,059|
Net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|75,688|(79,862)|(4,174)|
|**Restricted funds**||||
|Foodbank|66,938|(37,787)|29,151|
|Heart for the home|-|(8,440)|(8,440)|
||66,938|(46,227)|20,711|
|**TOTAL FUNDS**|142,626|(126,089)|16,537|
10
## **Eternity Church Downham Market**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **8. Movement in funds - continued**
## **Comparatives for movement in funds**
|||**Net**|||
|---|---|---|---|---|
|||**movement**|||
|**At 1.10.23**||**in funds**|**At 30.9.24**||
||**£**|**£**||**£**|
|**Unrestricted funds**|||||
|General fund|480,700|(16,635)||464,065|
|Designated fixed asset|286,314|-||286,314|
||767,014|(16,635)||750,379|
|**Restricted funds**|||||
|Foodbank|76,151|8,870||85,021|
|Heart for the home|15,562|(8,440)||7,122|
||91,713|430||92,143|
|**TOTAL FUNDS**|858,727|(16,205)||842,522|
|Comparative net movement in funds, included in the above are as follows:|||||
|**Incoming**||**Resources**|**Movement**||
|**resources**||**expended**||**in funds**|
||**£**|**£**||**£**|
|**Unrestricted funds**|||||
|General fund|68,669|(85,304)||(16,635)|
|**Restricted funds**|||||
|Foodbank|72,765|(63,895)||8,870|
|Heart for the home|-|(8,440)||(8,440)|
||72,765|(72,335)||430|
|**TOTAL FUNDS**|141,434|(157,639)||(16,205)|
11
**Eternity Church Downham Market**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **9. Related party disclosures**
There were no related party transactions for the year ended 30 September 2025.
12
## **Eternity Church Downham Market**
## **Detailed Statement of Financial Activities for the Year Ended 30 September 2025**
|**Income and endowments**
**Donations and legacies**
Donations and gifts
**Investment income**
Income from letting and licensing of property
Deposit account interest
**Charitable activities**
Grants
**Other income**
Compensation for criminal damage
**Total incoming resources**
**Expenditure**
**Charitable activities**
Gross wages and salaries
Temporary staff
Foodbank costs
Meeting and ministry costs
Outreach costs
Refreshments
Grants to institutions
Grants to individuals
**Other**
Gross wages and salaries
Pension costs
Rent payable
Light, heat and water
Insurance costs
Telephone, fax and internet
Printing, postage and stationery
Sundry expenses
Carried forward|**30.9.25**
**£**
83,808
3,867
1,315
5,182
53,581
55
142,626
26,577
1,800
897
7,005
1,733
2,032
7,847
2,447
50,338
20,468
530
10,313
7,479
3,536
1,203
1,060
1,581
46,170|**30.9.24**
**£**
75,997
1,950
1,262
3,212
62,173
52
141,434
47,313
4,571
8,000
4,251
871
1,322
6,493
1,837
74,658
25,785
238
8,582
5,486
3,414
1,041
1,228
5,418
51,192|
|---|---|---|
This page does not form part of the statutory financial statements
13
## **Eternity Church Downham Market**
## **Detailed Statement of Financial Activities for the Year Ended 30 September 2025**
|**Other**
Brought forward
Training and welfare
Travel and subsistence
Cleaning and waste management
Premises repairs, renewals and maintenance
Subscriptions to periodicals
Software licences and computer expenses
AOG fee
Accountancy fees
Bank charges
Freehold property
Plant and machinery
Total resources expended
**Net income/(expenditure)**|**30.9.25**
**£**
46,170
1,366
284
4,793
5,159
243
2,807
983
4,761
-
8,440
745
75,751
126,089
16,537|**30.9.24**
**£**
51,192
848
836
8,012
7,977
903
3,040
423
265
111
8,440
934
82,981
157,639
(16,205)|
|---|---|---|
This page does not form part of the statutory financial statements
14