Charity reglstratlon number 1204443 NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Caladine Chorlered Certified Accountonts
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO LEGAL AND ADMINISTRATIVE INFORMATION Tru$to•$ Mr S A Johnston Dr F Drijfftoul Mr D DJghty (Appointsd 24 November 20251 Charlty numbor (England and Wal0•1 1204443 Prlnclpil addr••8 23 Naunton Lana Leckhamplon Chellenham Gloucester Gloucestershlra GL53 7BJ Ind•pend•nt •x•mlnor John Caladlne FCCA CTA FCIE Cgladine Llmi18d Chantry Hou8e 22 Upperton Road Easlbourne East Su88ex 8N21 1BF
NAUNTON LANE EVANGELICAL PRESBYTERIAN CHURCH CIO CONTENTS Pa0• Trustees, r8POrt Indep&ndent examin8e8 roport Slat•menl of flnandal activltS88 Statement of finan¢l81 posltlon Notss lo the fln8nd81 $tgtementB 8-17
NAUNTON LANE EVANGELICAL PRESBrfERIAN CHURCH CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annu81 report and flnandal statamanis for tho year ended 31 March 2025. Th8 finan¢lal 8tstem&nts hBve been prepBred In Bccordance with the accounting pollcles sel out in note 1 lo the financial stalements and comply with the CIO tharity thè Charitlas Act 2011 and "Accounting and R8POrting by Charities.. Slalement of Recornmended Practice applicabltt lo rharitiès prop8rlng their accounls in accordance with the Fln8nci81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. leffeclive 1 January 20191. ObltlY•S and actlvltle¥ Th8 purp08e8 ol tho Chur¢h ore: 111 Thg advancement of the Christian 18ilh in accordancg with the 888is of Falth. prfmaruy. but not exclugively, within Chg118nham and the surrounding nelghborhood., and 121 such other charttablo purposes as sh811, In the oplnlon of th8 ch8rty trustses. put into practlce the Chrlsllan lallh In accordance wlth the Bas18 ol Falth. induding bul not Ilmlted to., lh8 preV•nn9 Bnd rellef ol need, hafdshlp and bickness,. the BdvBncement of education,. and the provision of facilitie8 In the Interests of social w911ara lof facrèallon or other lelsure Ilme o¢cupotlon of indlviduals who have need of such facilllies by reason of Ihelr youth, ago, infirmity or dlsabilily, financial hardshlp or soclal drGufflstane98 Wlth 91 object of ImprOvng Ihelr condibons ol Ille.'provided that the advancernenl of such purpos8s must be undertaken In B mann8r that is consistent with the Do¢lrin81 Dislinctlves ond Elhic81 Statements as may be adopted and 8m8ndwJ by the Church from time to tima. The Naunlon Lane Evangelical PrgsbytertBn Church In Ch81(6nh8m Is g group of Christlans who are committed lo followlng Jesus Chrfst. We are a Blble b8sed Chur¢h, vlèwlng th8 Blbl8 88 our rule for what we belleve and how we Ilve our livas. Wa are an Evangellcal Church whlch mean5 we are ¢enlr8d on the 'Gospal', or 'Good N6ws', about J85U5 Christ coming into the to 98Vg people. W& are a Pre3byterian church, whlch means we follow repres8nt8ilvg form of church govèmmgnl. and our bgllefs and teachlng are In Ilng wlth wr h151orlc subtsrdinal8 standard, the Weslmin8ter Confession ol F8ilh and C8lechi3ms. We are a fri8ndly church. welcoming anyone who wants to follow, or to find oul about lollowlng. Jesus Christ. We also seek to reliev8 persons who are In condkSons of naed or hardshlp, or aged and ylck, and to relleve the dlstress caused hercby In Ilne wllh Biblical prlnclples. Thi5 actsvity lulfils thè obléctivos of th8 Charfty. as slat8d In th& Trust Deod, which are lo furthor tho Chrl$Uan f811h. Public benefll Tho Irustaes have pald due regard lo guidance issued by the Charlty Commlsslon in dècldlng wh8t 8ctivkles the CIO charity should undert8kq. Achlev•rn•nts and performunc• Thè Naunton Lane Evang&lical Presbyterian Church ICIOI registety¢J charity numb8r 1204443 (the ChBrityl was formed on 22nd August 2023 Bs a Chatable Incorporated Organ15ation ICIOI. The Charity h8d no acllvi1Ses untll 31st March 2024 other than when the assets of Naunton Lan6 Evangelical Presbyterian Church IEPCEWI regi51ration number 1137484 were transferred lo the Charity following th8 former charity's cessotion and merger into the newCIO Charfty. At thè same ts'me the freehold propety of the church, 23 Naunton Lanè, Ch•lt8nham GL53 7BJ, was transferred from the holding trustees to the CIO as at 31st March 2024. The Church normally meet5 for th• public worship of God. rnomlng and evenlng, on the Lord's Day, and for Bible Study and prayer at the rnltheek m88tin9. W8 hav8 O tlmg of fellowship In the church hall after the services with tea and coffee. and once a month we have a 'bring and share lunch., Services are normally t8kon by our Mlnlstgr, or Qui Asslstant Minister. On occasion, an appropriate visiting pre4ch81 is invited.
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our churd) servlcgs are Ilv8streamad so that frlends, and people intoreslèd, who aré unabla to attand In person, can be blessed by the mini8ty. We held mile@k pr8ygr ma8tings and homegroups once a month which 31udSed the book'Lats Study Th8 Episles of John. We held our traditional week of prayer at the start of the New Year from 22nd to 27th of January 2025. During the year Lucas Da Cosla, (4Jr mlnisterial assistant, continued his development under the guidan¢a of th& alders. H8 preached regularly and support8d th8 Various m88Nngs of th8 Church. He made excellent progr853. He finishe(J his 2 years th us at the end of May. He then worked for Cooper8 Edge Baptist Church lor a few M£th9 before comrnenclng 8$ an Asslstant Mlnlster In 1st Sainffi81d Prosbyterian Church In Ireland In S8Pt8mb8r. On 1st October Ben Fry commenced as As5151ant Mlnl8ler for 8 perfod of 2 years. Ho Is PT&ochlng regularly and conlrlbutlng to tha young peo8$ and pastoral rninlstry and maklng an excellent contrlbutlon. He and his wlfe Ruth are also hosting g ngw 20s and 30s m&8tlng. Our 4 d90cons hav8 mado an exc8llenl conlrlbution to Ihe 5rn001h running of the church dudng th8 yaar. At a church members, meèting on Wadnesday 19th February at 7.'30pm in the church hall, one of th& doa¢ons, Oavld Doughty, wa5 elocted an eld&r. On Sunday, 25th May 2025. a commission of Pr8Bbytèry ordaln8d and Installed David tloughty as a iullng elder In th8 Churth. The church takès OdIC collectlons for the Oeacons, Fund whlch18 usod, In 8 nfldtrnI1al manner. lo help those In need who are associalBd wth the chur¢h In Ilne with Biblicol principlas. We hav8 8 book tablè in Ihe church with free books availabte. These have been sglected by tha Eldars as an ncouragement to church m8mb8rs and frlends. We have g Sunday School C1888 for some young partSclpants durlng the mornlng s8rvth. Th18 hès been well r6cèlved. On Frlday evenlng durfng 18m tlma. tha Church runs g JAM dub (Jesus and Mel, lor 8Sbllc81 Instructlon of prlmary scIK)ol aged chlldren which is very well 8UPPOrted. We Nn a monthly moating lor senior8 at 8adgeworth Court Care Home. We also run HolaY Bitle Club5 lce a year In the church for outr8ach to th& community, and additional Biblleal Instwetlon of prlm8ry $th0018ged ¢hlldr8n. About three lime8 8 ye8r lh9 church m8mbers and friends nomially leaffiel the Ioc81 community. seeking lo encourage Interest in the Christian falth. adv8rtI68 our speaal evonts and att8ndBnc8 at the various metlings of th Church. particularty Sunday Services. On the 8th March we hostsd a concert of cl8sslcal muslc wlth a Chrlstlan theme, 'Joumey lo the Cross, with tho profèsslonBI musScians group Dei Gralia Baroque Ensemblg. M$mbers of the I] community were invited. There Was 8xcellent attendance. Tho Church also has a rninisty lo unlver5ity students, Ipartlcularfy Intemational studenlsl, induding holding event5 for those who attend the Church. showing hoBpitality and fwiendship. 8nd also providing speakers for Christian events run by the unlv9rsty's Christian Union. We hold a monthly Men's Meeting which meets in homes. Wa h8v8 b88n studying '1 ThlrvJ8 Made New, by John Flavel. Periodlcally, w8 havè Chrfstianlty Expk)red classes for those inter8Sted in the Chris168n Falth. and 0Sscipleship Explored Classes for those $98king to grow in th8ir knowledge and walk with the Lord.
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We 5LlPPOrt a weY 'K4other and Baby. Bi@ study, whh Is popular wlth the mothers from dbfferenl thurth$s, as a lime of fellowship and 8haring God'$ word. Thls usually lakes place using zoom but som8tim8s meets in homes. We host a monthly meeting for senKJrs, called Prim8 Tlm6, durtng which coffee. tea and cake are enloygd, hymns ar8 Sung, and fellowship enloyad. At the time of our Harvest ThankSgIng SeNlce w8 collec¢ed fo¢)d for donallon to th8 Chell&nham foodbank for sharing wth those In nèad. We arranged a joint Chur¢h8$' Day Out al Gretton Village Hall on Saturday 27th July 2024. It was a good tlme of 18l1ow8hlp, food and fun. Bnd wa8 well 8uppJrt8d by frlgnds of all ages. The Church ha8 80ughl to 8UPPOrt tho88 in need or hardBhSp In v8rlou8 W8y8 - matgrlally vthere appropriate, and also splritually. In matters of serlou$ h8rdshlp abroad. 80 erthq8keS, hurrlcBnes atc. tha Church moy seek to gfv8 somè t7n8nclal support. Thls would normally be channelled through Churches in th$lr community, so that distn'bution was In IlTh& wrth Blbllcal principles. The churth suptxjrts the Blythswood Chri8tma8 Shoe Box Campalgn, wrth donatsd gifts being sont to p$opl¢, mosuy in Easlem Euiop8. and distributed through local churches to thos& In need. The Eld8rs of the Church seek to vlsTi th08& In $poc181 n88d. 89 illn85s. and lo encour8g8 them in the Gospel frorn the Bible. The Church seeks to 8UPPOrt mlsslonary outreach él homo arKI abroad. Wo $¢h¥dulg vi8lt8 from suhable missionarles who are at home on lurfough. or ar8 visltlng church88. to hear an update 8boul tho 88pect of the Lord's work they aro gngag6d In. Slnce October 2007 the Church hBS b8en Bupportlng the work of the Prgsbytorfan Chrlsllan Assoclallon of Mangalla, a mSsslon Church In Romanla, This church runs a number of programme5 for disadvantsged Ioc81 people. In this MinSstry we are involved with 8 truly inl¢rn81ional tsam.. the Minister in charye h88 b8en the Rev Gllberto Coelho, who18 8 Mlnlst•T of the Presbyt8dan Church ol Br8zII. We still sk to glve support as wo ars ablè. Trainlng for trustees is18rgdy ad-hoc and dep8ndonl on requests from Sndlvlduals for tralnlng In speclflc ar8a8. The Ch8rity relies heavily upon individual members. th specific responslbililies. tsking th8 initia(Ive in keeping Ihems8lves up to data on wide ranging legislativ8 mattèrs, and the dlssgmlnation of summarised rg8dlng mattèr to the charity as 8 body whère 8ppropriate. Use is made af Bdditional m8tèri81, Whe possible, on issues $u¢h 8S Chlld Protecllon and, to al8r extgnt. tha content of Ihe Annual Report. Church gin9 and expenditure has been review8d by the d&8cons and elder3. and a number of piogrammas Idenuffied and Implgmentsd. Thls has been shared wllh churth mewrbbers for thelr Input and support. Whlle chur¥h finances overall are healthy. gxpenditure has boen grealef than income and ongoing focus will be needed. Flnanclal revl•w There was 8 deflcil on Un$1cted funds for the yèar of £14,122 Ipèrlod lo 31 March 2024 surplus £752,536). Thg Surplus in thg previous period Included Ihe donation ol freehold property of £700,000. Restricted funds showed $urplu5 in th8 y•ar of £8,88712024- £13,4541. Unrestricted funds at thg year end were £738,414 12024- £752.5361 and restricted funds were £22.341 12024.. £13,454).
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reservo5 poIIcy 11 is the pollcy of the CIO charity that unrestrlcled fund8 whh have nL)I been deslgnatsd for a Speciflc use should be maintained at a level equivalent lo beiwe8n three and six month's expenditure. The Iru8tees considèr that reserves at this level will ensure that, in the event of 8 Significant drop In funding, they will be able to continue the CIO charity's Current activities whble consideratlon is given to ways In whlch 8ddSJonal funds may be raised. Th15 level ol reserves h88 been m8intain•d throughout the year. RS¥k Factor¥ The Trustees have 8388S8ed tho malty rigks to whSch the charlty is exposed, and are satisfied th818yslems 8re In pla¢0 lo mltlgate exposure lo the major risks. A Chlld Protection Pollcy is opèrallvè, and all involv&d wlth regulated youth 8¢tiwtlos andlor vUlrable adults. have pa88ed DBS checks. Copyrtght and Muslc LScerKes are held 88 nteded In respect of Ihe 8cUvltles of the Church. The buildlng and contents have continued lo be oJmpr6henslv8ly Insurèd, and thls Insurance also provides Indemnlty in re3P8Ct of the liabilitses ol the Truste&s and mgmber5. Employerfs liability insuranc& Is also indudad. Tha Trusl8os ar8 aware of the anli-money launderlng gUlatIOnS and fvlly comply wlth Ih8m structure. gov•rnan¢o and man•g•m•nt The Irustee5' report Was 8pproved by the Board of Trustees. The Church 18 8 chgrltsble trust regl8tered ¢h8rtty numtygr 1137484. During the y8ar trte Church completed work lthange effecuve March 31 20241 wlth a sollcitor to chang8 tt8 governlng document and constltutlon from a thatltabla trust to a Charflable Incorporaled Organlsallon ICIOI Naunlon Lane Evang8llc81 Presbyterf8n Church IEPCEWI Charlty Number 1204443. The Ir8nsler ol as$et$ and 118bllilles of tha old Naunton Lane EPC Ichartty numb8r 11374841 to th8 new CIO. Naunton Lane Ev8ngelic81 Prosbytedan Church IEPCEWI Icharlly nurnber 12044431 occuThed on March 312024. The vesllng declaration was made on 1910312024, the prop8rty was trAnsl8rred on 3110312024 and the merger registered on 1210612024 by tha Charity Commlsslon for Eng18nd and W8108. The Irusle86 who served during Ihe yr and up to tho dato of slgnalure of the financ181 stal&menls warg.. Mr S A Johnston Dr F Drijfhout Rev D R Pfeiffer Mr D Doughty IResigned 24 Novembèr 20251 (Appoinleij 24 Novembgr 20251 Non• of the Trugtseg has any benefflclal Interg3t In th¢ Trust Church elder D8vld H tbughty was addad to the trustees at the end of the meet4ng 8nd Rèv D R Pfelffer stood down 8s a trustee in Ilne wllh a pr&vlou8 request he had made. The Churthls currgntly18d by a Minister and 1 other elder. The trustees. r6port wa8 8pprove(J by Iho Board ofTrustees. Mr S A Johnston Trusteè Datè-.
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH cio I r&port to the trustses on my axamination of the financial sl819m8nts of Naunton Lane Evanu81ical Prèsbyterian Churth CIO Ilhe CIO charity) for th$ year ended 31 March 2025. Ro$pon8lbllklès and bas1$ of r•port As the truste85 of the CIO charlty you are responslble for the prsparatSon of the financial 8tstements in accordanc8 th the requirements of the Charfties Act 2011. I report Sn r88pecl of my examlnatlon of the CIO charfty's flnancial statements carrfed out under se¢tlon 145 of th8 Charllias Act 2011. In carrying out my exBmination I have fdlowéd Ihe DIreOn8 givgn by the Charity Comrni88Ion under section 14515llbl of the charle8 AGI 2011. Ind•p•ndent •xamlnerfs •tat•m•nt Your attention is drawn lo tho lact that th8 charity has pr8partsd the finanelal ststements In accordance wlh the relovanl v8rsion of the Slalement of Recommended Practlce applicable to charftlas prepBrlng thelr flnanclal stat8ment8 In 8ceordBnce wlth tho Flnandal R8portlng St8ndard applicable In the UK and Republic of Ireland IFRS 1021 In preferen¢0 to lh¢ Accounllng and Reportlng by Charfti8s.. Stalement of Recommended Pra¢tlce Issued on 1 April 2005 which is referre(I to In th8 gxtant regulations but has now boan withdrawn. l und8rsland th81 thi5 has been done In ordar for the flnanclal 8lalem&nls lo provlde a tru8 and falr view In ac¢ord8nca with UK Generally Accepted Accoun16ng Practice. I have completed my examination. I confirm that no matters have come lo my attonllon in connection with the examlnation givlng me cause to believe that In any matertal respect.. a¢countlng racords were not kept in respect ol th8 CIO charity required by 8actk)n 130 01 the Chadtl8s Act 2011. the fln8nd81 st81ernents do not accord wlth th089 cOrds., or th8 fJn8ncial staiements do not comply with the applicable requiremnts con¢orning the form and conlenl of fln8nc181 ststem8nts sel out In the Charllies IAccounts and Reports) Regul8Uons 2008 oth8r thon any roqulrement that the flnBncial slatements give a true 8nd fair vigw, which is not a Matter consklered 8$ part of an Indepandenl examlnallon. I have no conc8m8 and havo Come across no other matt8rs In connection whh tha ex8minallon lo whlch attanllon should be drown In Ihls eport In ord8r to onable o proper understandlryJ of tho flnanctal gtatements to be re8¢hod. John Coladlno FC Caladlne Llmited Chgntry House 22 Upperton Road Easlboume East Sussex BN27 1BF ACTAFCIE Date..
NAUNTON LANE EVANGELICAL PRESBYTERIAN CHURCH CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctgd Ro$trlct fund8 funds 2025 2025 Total Unrn$trlct•d R•¥trlctod lund8 funds 2024 2024 Total 2D25 2024 Incom• from: Donations and leg8cies Inveslments 75.812 503 34.820 110,632 503 753.138 13,454 766,590 T¢tal Inm$ 76,315 34,820 111.135 753,136 13,454 766,590 Expondltur• on: ChBrll8ble actlvitl88 90.437 25,933 116,370 600 600 Total •xp•ndlturn 90.437 25.933 116.370 600 600 Not Incom?11oxp•ndltur•l and movoment In lund$ 114.1221 8,887 15,23SI 752.536 13,454 765,990 R•conelllatlon of lund*: Fund balances a11 Aprfl 2024 752,536 13,454 785.990 Fund balanc•8 •t 31 March 202S 738,414 22,341 780,755 752,536 13,454 765,990 The statement of flnandal BctfvRI&8 Includes 811 galns ond105s8s recognl8ed In the ygar. All InGomo and expendlture dgrlve from contSnuing activi185.
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO STATEMENT OF FINANCIAL POSITION ASAT31 MARCH2025 2025 2024 Mot•8 Flxgd aBBets Property, plant 8nd oqulpment 11 702,fMJO 702.500 Current a•••ts Trade and other reNable8 Cash 8t bank and in hand 12 00 60,195 9,026 57,472 80,795 12,0401 66,498 13,0081 Curr•nt Ilabllltlg¥ 13 N•t curront 01* 58,755 63,490 Total a¥•et• l•$$ ¢urr•nt Ilabllltlo• 760,755 765.990 The fvnd• of th• CIO ¢h•rlty Restricted income fiJnd8 Unrastrfctsd funds 15 16 22.341 738.414 13,454 752,536 760,755 765,990 The fin8nci81 statem8nts waro approved by th8 Iru8tg98 on ... Mr S A John8 Tru8t•0 Rev D R Pfeiffar Trn•t••
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcl•s Charlty Inforniatlon Naunton Lane Evangellcal Pr8sbyiertan Church ICIOI is a Church in Cheltenham gov¥rned by a Conslltution dated S July 2023. 1.1 Reportlng porlDd Tha accounllng perfod for Ihls sél of ffinanclal statements Is 1 April 2024 10 31 March 2025. This Is the flrst full year of r8POrting the adivities of the CIO Charity. The ¢tsmpBratives cover ihe period frorn 22 Augu812023 10 31 March 2024 and Is 8hort8r than one year and th8 comparallv8s r8fio¢t tha Ilmlled gdvlty In that perlod. 1.2 Ba8ls of preparatlon The fin8nclal st8lements have been prepared In accord8nee wllh th8 CIO charSVs con8111[0n, the Charllles Act 2011. FRS 102 "The Financlal Reportlng Standard applicable In the UK and Rapublic of Ireland" I'FRS 102.1 and tho Charltles SORP "Accountlng and Raporting by Charitie5'. Statement of Racommendod Pracllcg appll¢8ble to charities preparlng their accountg In accordance wlih the Financlal Reporting Standard appllcable in 11)8 UK and Republlc of Iroland IFRS 1021" 10114¢llve 1 January 20191. The CIO charity is Public Benefit Entity 8s dgfingd by FRS 102. Thè CIO chgrfty has tak8n adv8nl8p ol th8 provl8lons In thg SORP for chartlies not lo prep8r& a Statem8nl of Cash Flow8. Thè flnanclal 8tstements have departed from th? Ch¥ritles (Aecounts and Report31 RUletkjns 2008 only to the exlenl qUIr8d to provSd8 a true and falr vlaw. This departuro has Involved follong the Slalgm8nt of Recommended Praclice lor charlllas applying FRS 102 rather than thè version ol Ihe Stalernenl of Re¢ommonded Practice whlth18 rsf&rr8d lo th& R9gulallons bul whlch has slnce been wlthdr8wn. The flnancial stal&mgnts ore prepared in sterling, which is lh8 fundonal Currency of the CIO charity. Monetary amounts in Ih88e financial stslèm8nts gre rounded to the n88re81 £. The fflnanci81 slatèmants have been prepared under the hi3lorieBI cost convention. The princlpal 8eeounting polici88 adopted are OLrt b810w. 1.3 Golng conc•rn At the Ilme of approving the financial stalemgnls, the trustees have a re880n8ble expectation that tha CIO charity has adequgte resourc8s to continue in operaljonal existènc8 for the foreseeable future. Thus Ihg trustees conb'nue to adopt th8 golng conc8rn b8818 of arLounling in prep8r6ng the lin8nci81 Statements. 1A Charltsbl• funds Unrgstrfdod funds are av8i18ble for usg at thg dlscr8tion of the trustees In fvrth8r8nce of their charltable objectives. Re5tri¢led funds aro subject to 5pecAffic conditions by donors or grantors as lo how they may be used. Th purposes and uses of the ros1Cted funds are sel out in Ihe notes to the financlal statements. Endowm9nt funds are subject to $P8cifie Cond05 by donors that the capital must be maintalned by the CIO charity. 1.5 Incomo Incgmè Is recognise(I when the CIO charity Is leg8lly entitled to it after any perforrn8nce conditions have been mel, the amounts can be measured reliably, and il is probable that ineA)me will be received.
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl88 {Contlnugdl Cash donations are recognls•d on recelpt. Other donations ar8 r&¢i>Jnl$ed onc8 the CIO charty ha8 been notlfied of the donation, unless performance ¢onditlons require deferral of the amount. Income tax recoverable in relation lo donBtions received under Gift Aid or d•ads of covenant is recogniBed al the lim? of the donats'on. Legacies are recgnIsed on recelpt or otherwise if the CIO charlty has been rhotifi8d of an imp8nding dlsldbutlon. the amount is known, and receipt is expected. If the amount is not known. the legacy is trtsaleil as a rx)nting•nt asset. 1.6 Exp•ndltur• Expenditur8 Is re¢ognisgd once there Ss 8 leg81 or congtruciive obligation lo trans18r 8contsmic benefit to thlrd party, il Is probable th81 a transfer of •conomi¢ bènefits wlll b& roquirad in s8tt18menl, and the amount ol th8 obligation can be me88UTed r81iaNy. EXperlture Is elasslfied by activity. Th6 ¢osl$ of each a¢Uvlty are made up ol the total ol dlrect costs and shared costs. induding SVPPOrt ¢08ts involv8d In undertaking 88th acllvlty. Dir8cl c08ts attributable lo a single actlvlty are allocaled dlrectly lo that actlvlty. Shared costs whl¢h ¢ontrlbuta lo more than on8 actlvlty an support costs which are not attn'butsblè lo a single acb'vity are apportlon8d belweon those actlvitl88 on a ba818 consi3tsnl wllh the of resources. Central Stsff ¢08ts aro alloGated on the basls ol Ilmo spent, and deprocSalion charges are 8lloca19d on the Portion of Ihe a8sel'8 Usè. 1.7 Prop•rty, plant •nd •qulpm•nt Proporty, plant and equlpmgnt arg Inllolly mea8ured at CO81 an¢J gub8equgntly measured at cost or valugtlon. net of dopro¢bfjon and any Impalmienl I¢)08. 08pClatOnIS recognl3ed 80 85 lo wrft8 off tho coyl or valuaUon of a68ets1088 thelr r6$ldual values over tholr useful Ilve8 on the fdlowlng b8813'. Freehold land and bulldlngs- Church Fixture3 and flttlngs 20% Raducing Balonce No depreciaUon 1$ provldèd on tho church bulldlng as1118 ¢on8id8c8d ImpossSble lo cakulale. The g8in or loss arlslng on the dlsposal of an 0$sgt Is delerniined as thè difference b8•n the $818 proceeds and the carying valua 01 th& asset. and is recognised In Ihg stalemant ol financial acts'98. 1.8 Impalrment of non¢urr•nt assets Al each reporting ènd dat8, the CIO charity revlew8 th8 carylng omiyjnts of Its tsnglble ass8ts to d8t8rmlne whether there Is any Indleallon that those assets have suffered an impBlrment loss. If any such indication gxists, tha rgcovorablo amount of tho Is 8¥t+mated in order to dgtermin8 th• 8xient of the impairment loss Irf any). 1.9 Cash and cash equlvalents Cash and c8sh aqulv8lents include cash in hand. dgPOSlts held at call with banks, othar short-temi liqu Investments with original m8ttJrities ol three months or less, and bank overdrofts. Bank overdraft8 ar8 shown wllhin borrowings in current liabilities.
NAUNTON LANE EVANGELICAL PRESBYTERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pol1r1 IContlnu•dl 1.10 Flnanclal In$trum•nt• The CIO charity has elocte(I to apply the provisionB of Sectlon 11 'Basic Financlal Instruments, and Secllon 12 'Other Flnancial Instruments Issu8s' of FRS 102 to all ol Ils fina181 instruments. FlnancSal instruments are rgcognised in the CIO ch8riWs bolance sheet whon the CIO tharlty bècome8 party 10 th8 contractual provisions of the instrument. Flnanclal assets and Ilablllties are offset, with the net amounts present8d In the financial statements. when Ihgrg is a legally enforceBble right to set off tho Tocognl3¢d amount8 and therg 1$ an Intentlon io Bewe on a nBt basls or lo reallsa tho asset and setug th8 liabllSly simultaneously. 8•sl¢ Iln•ncl•l assets 88sic financial assets. which include Ir8de 8nd other recelvables and cash and bank balances. Ar• InStJally measured Bt transaction prlca Includlng transactlon costs and are subsequently carrlèd al amort138d cost using Ihe effectlvg Inter8St method unlo$$ tha Arrangement con3titutaS 0 financing tr4nsa¢Uon, where the transaction is m848ured 8t the present value of tha ftsture recelpts dlscountèd ot a market rats of Intaresl. Fin8ncial assets da88lfle(18s T91vable wlthln one year Bre not amortised. B•slc Iln•ncl•l Il•bllltl•8 Basic fln8ncl81 118bilities, Induding trade and other p8y8blÉg and bank loans are Inlfjolly recognised 81 tr8nsacUon prfc8 unl8ss the orrangemenl con$llbJtes a financlng Ir8nsactlon. where the debt instrument 18 measur6d at the presanl valua of the future paym8nts diseounl8d al a mark81 rata of Intere81. Flnancl81 liabilities da¥8ifi8d 88 payable wthin on& y88r ore not amort189d. Dobt instruments arg $ub8gquently carrled 81 amortl¥8d cost. using the effgctiva Interest r81e method. Trade p8y8blas are obllgallons to pay lor goods or 58rvic8S that have been acquired in the ordlnary courss of Operatn8 from suppliers. Amounts payabl• are d88sifled 88 eurr8nt Ilabllltles If payMt Is due within one year or less. If not, they are pr8sen18d as non-current liabS1i1Ses. Trade payables are recognlsed Inlllally al transactlon price and 8ubs•quenUy maasured al afflortlsfjd $t using the effe¢lSv8 inlerest method. Dorncognltlon of Iln8nclal Ilabllltl•s Financial liabilities ar¢ derecognised when th8 CIO charlty's contractual obligab'on8 8xpire or ore discharged or cancelled. 1.11 Employee ben•fits The co31 of 8ny unused hollday enlillement 18 recognlsed in Ihg period In which eMIOya8.S services are ceivad. TeTmin8tlon benefflts are recognlsgd Immediataly as an expènse whgn the CIO charSty 15 demonstrably cornmitted lo tèrminate the grnploymenl of 8n employee or lo provide tèrrnlnation benefits. 1.12 Retirem•nt b•neffts Paywn8nts to defined contrfbullon reurement beneflt schémès ar8 charg8d as an exponse as Ihey fall du&. 10-
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employoes IC¢)ntlnuodl Employm•nt costs 2025 2024 Woggs and salarle Social security Sts other pension costs 72,927 2,658 4,861 80.448 There were no employeeB whose annual remun8rallon w88 mora thgn £80.000. 10 Taxatlon The ¢h8rbty Is 8x8mpl frorn Xa0Th on118 acuvthes because all It$ Sn¢ome Is appllod for ¢h8rft88 purposes. 11 Prop•rtyi plant and •qulpm•nt Fr••hold land Flxwrv* and and t1119•. Chwch Total Co•t At 1 April 2024 700,000 2,500 702.500 At 31 March 2025 700.000 2.500 702,500 D•pr•clatlon and Impalrnwnt Deprecletlon tharyed In thg yoar 500 500 Al 31 Mar¢h 2025 500 500 Carylng amount At 31 Marth 2025 700,000 2,000 702,000 At 31 Marth 2024 700,000 2,500 702,500 2025 2024 Freehold 700,000 700,000 14-
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 crftl¢•l accountlng eotlmatsj and Judg•m8nts In tha application of thè CIO tharlty's accounting policies, the trustees are required lo m8ke Judgements, e8limate8 and 88sumption8 about the ¢orrylng amount of asset3 and li8billtlas that are not readily apparent from other sources. Th8 eslimales and ass(xlatèd assumptions are based on histori¢al experience and other factors that are considered to be relevant. Actual r88ull8 may differ from these e8tim8ts8. Th8 eslimatas aThJ underfylng as$umptions are reviewed on an ongoing ba$ls. Revislons lo accoundng estimates are r8¢ognised in the period In which the esllm8te is revls8d where revislon affacts only that pertod, or In the period of the rèvlslon and future p8ri0ds where the revlsion affects both currènt and future periods. In¢om• from don•tSon• and l•gAcl•8 UThrn•trlcted R¢8trl¢t•d fundj fund$ 2025 2025 Total Unre•trl¢t•d R•strlet•d funds fundB 2024 2024 Total 2025 2024 Don8tlons and gtfts 75.812 34,820 110.632 753.136 13,454 766,590 Incom• from InvMtm•nt• Unr•strlct•d Unre1¢1•d fundi fund• 2025 2024 Intere81 receivable 503
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2025 Exp•ndlturo on charllabl• a¢llvltt•8 Charltabl• actlvltl•s Charitable activities 2025 2024 Dlr•ct costs Staff c051s Depreckatlon and imp8lm18nt Outreach Hospitslity Travel 8Ad cunferences Stallon&ry and printer Costs Repalrs And renewals BoDks and Sunday Scho Bank charge8 Mlscellaneous Pulplt Supply Advertising and youth wcik He818nd light License8 and website c08ts Insur8ne• 80,446 500 1,500 855 2,205 459 7,836 1.152 446 554 717 372 4,541 1,931 1.587 105,101 Grant fundlng of 8¢tlvhl•g Isee note 61 5,802 Sh•r• of •upport •nd gov•rn•nc co•ts {Me not• 7) Governanc 5,467 600 116,370 600 Analys1 by lund Unrestricted fvnds Restricted furKI$ 90.437 25.933 116,370 600 12
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Grant• payable Charftablg actlvlllos 2025 Grants to Inslltutlon$'. other 3,977 Grants to lndlvidu818 1,825 5,802 Support co•t• allo¢at•d to actlvltl•s Charltabl• aetlvltle8 2025 Total 2024 Gov8mancg 5,467 600 2025 2024 Gov8rnanc• costs compr18•: Independent ox8minaUon 1008 AccountBncy Legal and profe081 Pension admln 800 1.704 2,451 352 5.467 600 Trusts•• None of thg tru$ts8s lor any persons conn8cted th th8ml r8coiv8d any remuneration or nOfftS from the CIO charlty during the year. Employo•$ The average monthly number of employee8 ¢Juring th8 yeBr was.. 2025 Number 2024 Numb•r 13-
NAUNTON LANE EVANGELICAL PRESBYTERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Trade and oth•r r•c•lvabl•s 2025 2024 Amounts falllng duo wlthin on? ygar: Other recelvables 600 9,026 13 Curr•nt Ilabllltlg 2025 2024 Other tsx8Uon ond 8oclal sècvrlty A¢cru818 and deferred Income 368 2,640 2,040 2,040 3.008 14 R•tlr•m•nt b•n•tFi •ch•ffl•• 2025 2024 D•lln•d ¢ontrlbutlon 8ch•m•• Charg8 lo profll or loss In resp&ct of d8ffln8d contrlbutlon whomes 4,861 The CIO charfty cy8rates a dellned contrlbullon penslon scheme for all quallfylng employges. Th8 assets of the scheme are held sèparately from those of th8 CIO charty In an independently admlnislered fund. 15 R••trl¢tsd funds The restrfcted funds of the charfty comprfse the unexpended balances of donatk*n8 and grgnts hdd on tN81 8ublecl to speGlflc condltlons by donors a8 to how they rnay be used. At 1 Aprll 2024 Incomlng r•sourc•8 Rèsourcos At 31 M8r¢h exp•nd•d 2025 Romania knnd L9gacy fund Bèn Fry fund Deacon's fund 585 8,055 25,499 585) 115,2731 18.9071 11,168 12.416 5,198 16,592 551 1,038 13,454 34.820 125,9331 22,341 15-
NAUNTON LANE EVANGEUCAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 1S RestTlcted funds IContInu> Pr•vlou8 p•rlod: At 1 Apr51 2023 InmIng r•sourc¢$ R•sOurC At 31 March •xp•nd• 2024 Logacy fund De8¢on'8 fund 12.416 1.038 12,416 1,038 13.454 13.454 RomanlJ Fund the Churth supports the work of the Presbyterian Christian AssocAallon of M8ng8118 Romani8, a mission church in Rom8nla whith run3 a number of progr8mmes for dlsadvant8g8d Ioc81 people. L•gacy Fund- thi6 fund 18 lo contribute toward8 th& cost of training Pa3lors and for 8alary costs. B•n Fry Fund- Thi8 fund is uued for the ministerial c08ts of 08vid Ben Fry. D••¢on's Fund - monles gra set aside fran offerlngs each month. The Church Deacony use thls fund to 8UPPOrt the ch8rltsble acllvides of the Church. 16 Unrg•lrlct•d lund8 The unresldctgd funds of thè charlty comprfse the unexpen(Jed bolancAs of donallon6 and gronls which are not subject to specffic condltlons by donors and grantors 88 to how they may be used. Thesè indude d•slgnaled fund8 whl¢h hav8 been sel a8lde out of unTestrfctsd fund8 by the tru61ees for spedflc purposes. At 1 Aprll 2024 In¢omlng r••ourc•8 R••our¢•8 At 31 March •xp•ndèd 2025 Genwal funds 752,538 76,315 190,437 738.414 Pr•vlous p•rl¢xl: At l Aprll 2023 In¢omlng r•sour* Rgsourc•• At 31 March èxp•nd•d 2024 Gtrneral funds 753.136 16001 752,536
NAUNTON LANE EVANGELICAL PRESBYfERIAN CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 AnalysiJ 01 n•t 4$8•ts bthen Unrestrlct fund• 2025 R••trl¢tsd funds 2025 Total 2025 At 31 Mah 2025: Proparty. plant and equlpmgnt Current assel81lligbiliuésl 702,000 36.414 702,000 58.755 22.341 738,414 22.341 760.755 Unr••trl¢t•d fund• 2024 R•8trictsd lund• 2024 Tot•1 2024 At 31 March 2024: Propety, pl¥nt and equlpment Curronl assgtsllllabtllllesl 702.500 50.036 702,600 63,490 13,454 752,536 13.454 765.990 18 R•lat•d p•rty trans*¢tlon• There wèr8 no dI1060b1¢ related party tran8actlons durSng the year12024: NIII. 17-