2025-04-05-accounts

Charity
registration
number꞉
1206262

FREEDOM
CHURCH
CHELTENHAM TRUSTEES'
REPORT
AND UNAUDITED
FINANCIAL
STATEMENTS FOR
THE
PERIOD
19
DECEMBER
2023
TO
31
MARCH
2025

Freedom
Church
Cheltenham Contents

	Page
Trustees'Report	1—4
IndependentExaminer'sReport	5
StatementofFinancialActivities	6
StatementofFinancialPosition	7
NotestotheFinancialStatements	8—11

Freedom
Church
Cheltenham Trustees'
Report
For
the
Period
19
December
2023
to
31
March
2025

The
trustees
present
their
report
and
the
financial
statements
for
the
period
ended
31
March
2025.

Objectives
and
Activities

Aims
and
Objectives

The
objectives
of
the
charity
laid
down
in
the
memorandum
and
articles
of
association
are,
for
the
benefit
of
the
public;

• 1.
To
advance
the
Christian
religion,
for
the
benefit
of
the
public,
anywhere
in
the
world, mainly,
but
not
exclusively,
by
means
of꞉

• a.
broadcasting
Christian
messages
of
an
evangelistic
and
teaching
nature;

• b.
holding
prayer
meetings,
public
celebration
of
religious
festivals,
producing
and/or distributing
literature
on
Christianity
to
enlighten
others
about
the
Christian
religion;

• c.
meeting
within
the
community
in
order
to
help
people
find
their
people,
place
and
purpose
by
building
relationships
with
others
and
helping
people
thrive
through
a
personal
relationship
with
Jesus.

• 2.
The
prevention
or
relief
of
poverty
or
financial
hardship
anywhere
in
the
world,
by
providing
or
assisting
in
the
provision
of
education,
training,
healthcare
projects
and
all
the
necessary
support
designed
to
enable
individuals
to generate
a
sustainable
income
and
be
self‑sufficient.

• 3.
To
support
and
encourage
growth
in
young
people
through꞉

• a.
the
provision
of
recreational
and
leisure
time
activities
provided
in
the
interest
of
social
welfare,
designed
to
improve
their
conditions
of
life;

• b.
providing
training,
support
and
activities
which
develop
their
skills,
capacities
and
capabilities
to
enable
them
to
participate
in
society
as
mature
and
responsible
individuals.

• 4.
The
relief
of
persons
who
are
in
conditions
of
need,
hardship
or
distress
or
who
are
aged
or
sick.

Public
Benefit

The
trustees
confirm
that
they
have
complied
with
the
requirements
of
Section
17
of
the
Charities
Act
2011
to
have
due
regard
to
the
Charity
Commission’s
guidance
on
public
benefit.

Achievements
and
Performance

Main
Achievements

Relaunch
and
growth

Initially
we
focused
on
setting
up
systems
to
support
a
new
charity.
Ensuring
that
we
had
safeguarding,
payroll
and
other
areas
of
legal
compliance
in
place
such
as
GDPR
compliance. We
outgrew
our
previous
venue
and
so
moved
to
a
new,
larger
facility
at
St
Edward’s
school.

We
announced
a
vision
and
plan
to
launch
publicly
into
the
space
in
September
2024
supported
by

a
capital
campaign.

We
raised
in
excess
of
£50,000
towards
it,
including
gift
aid.
This
was
spent
on
upgrading
equipment
and
resources,
printed
marketing
and
digital
marketing.
We
were
also
able
to
begin
to
record
our
services
and
broadcast
them
on YouTube,
complemented
by
a
podcast
which
is
available
on
most
platforms.
As
well
as
serving
people
who
are
a
part
of
our
church,
this
has
allowed
others
to
understand
our
church
and
increase
transparency. The
launch
was
a
huge
success
and
our
church
has
doubled
in
Sunday
attendance
as
a
result
since
the
launch.

As
part
of
the
launch
project
we
introduced
a
course
called
Growth
Track.
This
allowed
us
to
increase
transparency
about
what
we
believe,
what
we
do
and
who
we
are
as
a
church.
It
allows
new
people
to
have
an
informed understanding
and
ask
questions.
We
provide
every
person
with
a
handbook
which
they
are
free
to
keep.

Staffing We
employed
a
full
time
pastor.
Towards
the
end
of
the
accounting
period
we
were
able
to
employ
an
additional
2
people
in
a
part
time
capacity,
bringing
the
staff
team
to
a
total
of
5.
This
ensured
we
had
adequate
capacity
to
support the
efficient
running
of
the
charity
and
its
activities.

Outreach
and
connections
(UK
and
global)

We
developed
links
with
the
Gloucestershire
Neonatal
Unit
to
support
families
with
essentials
for
newborn
babies
through
nappy
hampers.

We
developed
our
links
and
understanding
with
Associate
Relational
Churches
(ARC).

In
the
USA
and
in
the
U.K.
We
have
supported
new
churches
around
the
world
as
part
of
advancing
the
Christian
Faith.

We
continued
our
partnership
this
year
with
1x1
charity
supporting
their
various
projects
of
hardship
as
well
as
advancing
the
Christian
faith.
We
also
support
the
Freedom
Church
Global
movement
with
regular
grants
in
order
to facilitate
new
churches.

Volunteers

To
carry
out
our
activities,
we
are
dependent
on
volunteers
who
freely
give
of
their
time
and
skills
to
ensure
the
smooth
and
efficient
running
of
the
charity
and
we
are
grateful
for
each
volunteer.

...CONTINUED

Page
1

Freedom
Church
Cheltenham Trustees'
Report
(continued) For
the
Period
19
December
2023
to
31
March
2025

Main
Achievements
‑
continued

Activities
that
have
taken
place
in
the
year
are
listed
below.
These
activities
would
not
be
possible
without
the
generous
giving
through
tithes,
offerings
and
other
donations
of
the
Freedom
Cheltenham
members.

• ●
Sunday
gatherings ●
Prayer
meetings ●
Worship
events ●
Youth
programme ●
Children’s
events ●
Children’s
Easter
and
light
parties ●
Summer
fundays ●
Cultural
lunch ●
Men’s
ministry ●
Women’s
ministry ●
Leadership
night
school ●
Baptisms ●
Baby
dedications

Financial
Review

Financial
Position

The
Statement
of
Financial
Activities
is
set
out
on
page
4
of
the
financial
statements.

Reserves
Policy

It
is
Freedom
Church
Cheltenham’s
policy
to
try
and
maintain
a
balanced
of
unrestricted
funds
which
equates
to
approximately
2‑3
months
unrestricted
expenditure.
It
is
held
to
smooth
out
fluctuations
in
cashflow,
meet
emergencies and
provide
sufficient
funds
to
cover
management,
admin
and
support
costs.
The
balance
held
on
unrestricted
funds
at
year
end
was
£20,000
which
equates
to
66%
of
the
reserves
target.

Structure,
Governance
and
Management

Trustee
Selection
Methods

The
church
activities
are
led
by
the
leadership
team.
Trustees
are
selected
by
the
leadership
team
from
amongst
the
church
membership. Operational
decisions
are
delegated
to
the
leadership
team. The
trustees
meet
with
the
leadership
team
approximately
3
to
4
times
a
year
to
review
vision,
performance,
budgets
and
operational
plans. Suitable
information
is
provided
to
the
trustees
by
the
leadership
team
to
ensure
key
operational,
financial
and
strategic
risks
are
monitored
and
to
allow
mitigations
to
be
put
in
place
to
address
them.

Reference
and
Administrative
Details

Trustees Mr
Marc
Harvard
(appointed
19/12/2023) Mrs
Musole
Haynes
(appointed
19/12/2023) Dr
Nicole
Wilson
‑
Chair
(appointed
19/12/2023) Charity
Number 1206262 Principal
Address Freedom
Church
Cheltenham 161
Holme
Lacy
Road Hereford HR2
6DG

Page
2

Freedom
Church
Cheltenham Trustees'
Report
(continued) For
the
Period
19
December
2023
to
31
March
2025

Independent
Examiner

Thompson
&
Co Thompson
&
Co SME
House Holme
Lacy
Industrial
Estate Hereford HR2
6DR

Page
3

Freedom
Church
Cheltenham Trustees'
Report
(continued) For
the
Period
19
December
2023
to
31
March
2025

The
trustees'
report
was
approved
by
the
board
of
trustees
and
signed
on
its
behalf
by꞉

Marc Havard (Jan 29, 2026 16:33:35 GMT) Nicole Wilson (Jan 30, 2026 01:04:28 GMT) Mr
Marc
Harvard Dr
Nicole
Wilson Trustee Trustee 29/01/2026

Page
4

Freedom
Church
Cheltenham Independent
Examiner's
Report
to
the
Trustees
of
Freedom
Church
Cheltenham For
the
Period
19
December
2023
to
31
March
2025

I
report
to
the
trustees
on
my
examination
of
the
accounts
of
Freedom
Church
Cheltenham
(the
Trust)
for
the
period
ended
31
March
2025.

Responsibilities
and
Basis
of
Report

As
the
charity
trustees
of
the
Trust
you
are
responsible
for
the
preparation
of
the
accounts
in
accordance
with
the
requirements
of
the
Charities
Act
2011
(“the
Act”).

I
report
in
respect
of
my
examination
of
the
Trust’s
accounts
carried
out
under
section
145
of
the
2011
Act
and
in
carrying
out
my
examination,
I
have
followed
the
applicable
Directions
given
by
the
Charity
Commission
under
section 145(5)(b)
of
the
Act.

Independent
Examiner's
Statement

I
have
completed
my
examination.
I
confirm
that
no
material
matters
have
come
to
my
attention
in
connection
with
the
examination
giving
me
cause
to
believe
that
in
any
material
respect꞉

• 1.
accounting
records
were
not
kept
in
respect
of
the
Trust
as
required
by
section
130
of
the
Act;
or

• 2.
the
accounts
do
not
accord
with
those
records;
or

• 3.
the
accounts
do
not
comply
with
the
applicable
requirements
concerning
the
form
and
contents
of
accounts
set
out
in
the
Charities
(Accounts
and
Reports)
Regulations
2008
other
than
any
requirement
that
the
accounts
give
a 'true
and
fair
view'
which
is
not
a
matter
considered
as
part
of
an
independent
examination.

I
have
no
concerns
and
have
come
across
no
other
matters
in
connection
with
the
examination
to
which
attention
should
be
drawn
in
this
report
in
order
to
enable
a
proper
understanding
of
the
accounts
to
be
reached.

Thompson
&
Co

29/01/2026 SME
House Holme
Lacy
Industrial
Estate Hereford HR2
6DR

Page
5

Freedom
Church
Cheltenham Statement
of
Financial
Activities For
the
Period
19
December
2023
to
31
March
2025

Notes INCOMEANDENDOWMENTSFROM꞉ Donationsandlegacies 3 Charitableactivities꞉ Finance LeadershipNightSchool Outreach Investments 4 EXPENDITUREON꞉ Charitableactivities꞉ 6 Barbarians Cafe&Hospitality Events Finance GrowthTrack GuestServices Kids LeadershipNightSchool Marketing Media Office Outreach Pastoral Production She SocialMedia Volunteering Worship Zeal NETINCOME NETMOVEMENTINFUNDS RECONCILIATIONOFFUNDS꞉ Totalfundsbroughtforward TOTALFUNDSCARRIEDFORWARD 14	31March 2025 Unrestricted funds £ 204,539 761 4,325 250 94
	209,969
	(125) (6,509) (34,404) (10,429) (1,802) (922) (8,726) (285) (24,271) (989) (7,706) (15,483) (54,480) (3,898) (23) (983) (1,113) (778) (166)
	(173,092)
	36,877
	36,877 ‑
	36,877

The
notes
on
pages
8
to
11
form
part
of
these
financial
statements.

Page
6

Freedom
Church
Cheltenham Statement
of
Financial
Position As
At
31
March
2025

Notes FIXEDASSETS TangibleAssets 10 CURRENTASSETS Debtors 11 Cashatbankandinhand Creditors꞉AmountsFallingDueWithinOneYear 12	Unrestricted funds £ 31,438	Restricted funds £ ‑	31March 2025 Totalfunds £ 31,438
	31,438 1,883 21,787	‑ ‑ ‑	31,438 1,883 21,787
	23,670 (18,231)	‑ ‑	23,670 (18,231)
NETCURRENTASSETS(LIABILITIES) TOTALASSETSLESSCURRENTLIABILITIES NETASSETS FUNDSOFTHECHARITY UnrestrictedFunds TOTALFUNDS 14 Onbehalfoftheboard MrMarcHarvard Trustee DrNicoleWilson Trustee 29/01/2026 Marc Havard (Jan 29, 2026 16:33:35 GMT) Nicole Wilson (Jan 30, 2026 01:04:28 GMT)	5,439	‑	5,439
	36,877	‑	36,877
	36,877	‑	36,877
			36,877
			36,877

The
notes
on
pages
8
to
11
form
part
of
these
financial
statements.

Page
7

Freedom
Church
Cheltenham Notes
to
the
Financial
Statements For
the
Period
19
December
2023
to
31
March
2025

1. GeneralInformation FreedomChurchCheltenhamisacharitableincorporatedorganisationregisteredwiththeCharityCommission,registeredcharitynumber1206262.TheprincipaladdressisFreedomChurchCheltenham,161HolmeL HR26DG. 2. AccountingPolicies 2.1. BasisofPreparationofFinancialStatements ThefinancialstatementshavebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)"AccountingandReportingbyCharities꞉StatementofRecommendedPracticeapplicabletocharitiespreparingt accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)",FinancialReportingStandard102"TheFinancialReportingStandardap andRepublicofIreland"andtheCharitiesAct2011. ThecharityisaPublicBenefitEntityasdefinedbyFRS102. 2.2. IncomingResources AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itisprobablethattheincomewillbereceivedandtheamountcanbemeasuredreliably 2.3. DonatedGoodsandServices Donatedgoodsandservicesarerecognisedatopenmarketvaluewhenthebenefitisreliablymeasureable. 2.4. ResourcesExpended Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsett amountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotb toparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuseofresources. 2.5. TangibleFixedAssetsandDepreciation Tangiblefixedassetsaremeasuredatcostlessaccumulateddepreciationandanyaccumulatedimpairmentlosses.Depreciationisprovidedatratescalculatedtowriteoffthecostofthefixedassets,lesstheire value,overtheirexpectedusefullivesonthefollowingbases꞉ Plant&Machinery 25%reducingbalance Fixtures&Fittings 33%straightline ComputerEquipment 33%straightline Individualfixedassetscosting£500ormoreareinitallyrecordsatcost,lessanysubsequentaccumulateddepreciationandsubsequentaccumulatedimpairmentlosses.Freeholdpropertyisrecordedatfairvalu lossesrecordedthroughthestatementoffinancialactivities. 2.6. CashandCashEquivalents Cashandcashequivalentsarebasicfinancialassetsandincludecashinhandanddepositsheldatcallwithbanks,othershort‑termhighlyliquidinvestmentsthatmatureinnomorethanthreemonthsfromthe andarereadilyconvertibletoaknownamountofcashwithinsignificantriskofchangeinvalue,andbankoverdrafts. 3. IncomefromDonationsandLegacies Donationsandgifts Grants Donatedgoods,facilitiesandservices

acyRoad,Hereford, heiraccountsin plicableintheUK lement,andthe edirectlyattributed stimatedresidual ewithgainsand dateofacquisition 31March2025 Unrestricted funds £ 179,570 20,000 4,969

204,539

Page
8

Freedom
Church
Cheltenham Notes
to
the
Financial
Statements
(continued) For
the
Period
19
December
2023
to
31
March
2025

4. InvestmentIncome Bankinterestreceivable 5. NetIncome/(Expenditure) Thenetincomeisstatedaftercharging/(crediting)꞉ Depreciationoftangiblefixedassets‑owned 6. AnalysisofExpenditure Barbarians Cafe&Hospitality Events Finance GrowthTrack GuestServices Kids LeadershipNightSchool Marketing Media Office Outreach Pastoral Production She SocialMedia Volunteering Worship Zeal	Activities undertaken directly £ ‑ 6,317 4,324 4 70 621 2,024 153 329 ‑ (72) 895 511 145 6 ‑ 771 12 166	Supportcosts (seenote7) £ 125 192 30,080 10,425 1,732 301 6,702 132 23,942 989 7,778 14,588 53,969 3,753 17 983 342 766 ‑	31March2025 Unrestricted funds £ 94
			31March2025 £ 5,846
			31March2025 Total £ 125 6,509 34,404 10,429 1,802 922 8,726 285 24,271 989 7,706 15,483 54,480 3,898 23 983 1,113 778 166
	16,276	156,816	173,092

Page
9

Freedom
Church
Cheltenham Notes
to
the
Financial
Statements
(continued) For
the
Period
19
December
2023
to
31
March
2025

1. Support
Costs

Employeecosts Premisesexpenses General administration Depreciation Governancecosts 8. StaffCosts Staffcostswereasf	Barbarians £ ‑ ‑ 125 ‑ ‑	Cafe& Hospitality £ ‑ 14 178 ‑ ‑	Events £ 2,084 16,369 11,627 ‑ ‑	Finance £ 1,095 ‑ 2,708 5,846 776	GrowthTrack £ ‑ ‑ 1,732 ‑ ‑	GuestServices £ ‑ ‑ 301 ‑ ‑	Kids £ 4,531 ‑ 2,171 ‑ ‑	Leadership NightSchool £ 24 ‑ 108 ‑ ‑	Marketing £ ‑ ‑ 23,942 ‑ ‑	Media £ ‑ ‑ 989 ‑ ‑	Office £ 381 5,043 2,354 ‑ ‑
	125	192	30,080	10,425	1,732	301	6,702	132	23,942	989	7,778
	ollows꞉

Staffcostswereasfollows꞉
Wagesandsalaries Otherpensioncosts	31March2025 £ 58,828 1,142
	59,970

No
employees
received
employee
benefits
(excluding
employer
pension
costs)
for
the
reporting
period
of
more
than
£60,000.

1. Average
Number
of
Employees

Average
number
of
employees
during
the
period
was꞉
4

1. Tangible
Assets

Cost Asat19December2023 Additions Asat31March2025 Depreciation Asat19December2023 Providedduringtheperiod Asat31March2025 NetBookValue Asat31March2025 Asat19December2023	Plant& Machinery £ ‑ 21,897	Fixtures& Fittings £ ‑ 6,862	Computer Equipment £ ‑ 8,525	Total £ ‑ 37,284
	21,897	6,862	8,525	37,284
	‑ 3,100	‑ 1,005	‑ 1,741	‑ 5,846
	3,100	1,005	1,741	5,846
	18,797	5,857	6,784	31,438
	‑	‑	‑	‑

1. Debtors

31
March
2025 £

	£
Duewithinoneyear
Otherdebtors	1,883

Page
10

Freedom
Church
Cheltenham Notes
to
the
Financial
Statements
(continued) For
the
Period
19
December
2023
to
31
March
2025

1. Creditors꞉
Amounts
Falling
Due
Within
One
Year

2. Creditors꞉AmountsFallingDueWithinOneYear
Tradecreditors Othercreditors Taxationandsocialsecurity Accrualsanddeferredincome	31March2025 £ 478 14,499 804 2,450
	18,231

13. Pension
Commitments

The
charity
operates
a
defined
contribution
pension
scheme.
The
assets
of
the
scheme
are
held
separately
from
those
of
the
charity
in
an
independently
administered
fund.

During
the
period
the
charge
to
the
statement
of
financial
activities
in
respect
of
defined
contribution
schemes
was
£1,142.

At
the
statement
of
financial
position
date
contributions
of
£NIL
were
due
to
the
fund
and
are
included
in
creditors.

1. Movement
in
Funds

4. MovementinFunds
Unrestrictedfunds General꞉ Generalunrestrictedfund Totalfunds	Asat19 December2023 £ ‑	Income £ 209,969	Expenditure £ (173,092)	Asat31March 2025 £ 36,877
	‑	209,969	(173,092)	36,877

1. Transactions
with
Trustees

During
the
period
the
expenses
reimbursed
to
the
trustees
or
paid
directly
to
third
parties
were
as
follows꞉

	31March2025
	£
OtherExpenses	168

Number
of
trustees
reimbursed
for
expenses
during
the
period
was
1

1. Related
Party
Disclosures

There
have
been
no
related
party
transactions
in
the
reporting
period
that
require
disclosure

Page
11