Excepted Charity Denewell Avenue United Refonned Church Atll81 Report and Financial Ststements for the period from 10 (ktober 2024 to 31 December 2025 Memanus Hall Itd Unit Cl I, Marquis Court Kingsway South Team Valley Trading Estate Gateshead Tyne & Wear NEI I ORU
Denewell Avenu¢ Unlted Reforni¢d Church Contents (eontinued) Reference and Administrative Details Trustees, Report 2to3 Independeni ExamiDerfs Rep<)rt Stst¢m¢Dt of Finoncial Activities B8lan¢e Sheet Notes to the Financial Ststemertts 7t0 10
Denewell AveDue United Reformed Chureh Reference and Administrative DetaiL8 Truste R¢verend Marcus Hargis Mr Colin Grth4m Mr Grdeme William5 Mr5 Ali50n William5 Mrs Matiorie Robinson Mrs Sybil Brady Mrs Helen Sutton Mrs Brenda Kitching Mcmanus Hall Itd Unit Cl I, Marquis Court Kingsway South Team Valley Trodin8 Fstat¢ Gateshead Tyne & Wear NEI I ORU Independent Ex8miner Pag¢ S
Denew¢ll Avenue Unit¢d Reformed Church Tntee5, Report The trustees present the annual report together with the financial statements of the charity for the period ended 31 December 2025. A¢h¢Ve¢ts and performanco Our objtS are bToadly'. l) advancing Christian faith tlwough worship and discipleship. 21 promoting youth work. primarily throiigh gponsor5hip olthe local Boys Brigade ad Girls AssociatÈon (BBGA). and 31 gathering people together through provision of comtnunity facilities. In all we do, w¢ seek to improve thc conditions of life for all. This year h&8 seen re8ular. weekly worship services by the United Refornied Churth as well as Hope Community Church. Funher opmnilie$ for learning, frllowship and growth have been offered. porticularly at Christsnas and Easter. Th¢ BBGA as w¢ll ps th¢ Girl Guiding group5 Gontinlle to grow, underpinned by our support. Children from across the whole of Gatesh¢od are given the opportynity ro discover skills and COnfdence through these tivities. Tnjstets are personally involved in both, ably assisted by reams drawn from the local community. This period has seen increased demand for our community space, in addition to our faith and youth use. Unfortunately, the current configuration of the buildiDg does not allow for Jnore users at peak tsm¢s and we hav¢ sadly had to turn enquiri¢s away. Our community partners currently include.. exercise a¢tiviti¢s'. line dancing. yog4 g¢ntl¢ movem¢nt for old¢r p¢opl¢, as well as ¢n¢ryetic Zumba dance). fell¢)w5hip and interests.. the University of the Third Age (a varied programme for retired people). Genera]s Outpost (wargames), TJ7inTime (childrens. play). and birthday parties. FlnAnclal revlew The Chariry accounts show that the Charity intteas¢d general serVeS by £20,020. How¢v¢r, taking into a¢¢ount the one-off receipts being., rebates from ertergy suppliersr of £8,056 and a legacy from a deceased member of £5,000, this surplus is reduced to £6,964. The incr¢ase of £6,964 can be attributed to rentsl income due to 8reater demand for the community Space and prudent fancial management. Taking this into occount the Charity continues to Tun in a viable position with minimal resetves in aecordance with the Charity's reserve policy. Pl8ns for hture periods Al Andkey obJe¢llwesforfuluTeperiods We want ro do mor¢, bui our ageing premises (which have not se¢n adequate investment over the years) are letting us down. The community hall heating is barely adequate, the layout labyrinthine, and facilities are dated and tired. As a result, we are embarkit]g on an ambiiious regeneration progtamtne. This is one reason why restricted resetves are increasiDg to £8.290 as we fundrais¢ for th¢ ¢onsid¢rable 511ms jiist needed in preparation. We have taken the first steps, iTh¢luding a Feasibility Study drawn up by architect Dan KetT, and are ex¢it¢d to s¢¢ what Uld be possibl¢. Our vision for the fifftwe is of an enhanced and attfdctive ¢ommunity space with a well-ruTJ café, which at a stroke would be the largest fulty accessible space for eating and drinking in Low F¢ll. The ¢xisting fa¢iliti¢s would b¢ upgraded and wolk done to improve configiir*ion, enabling greater community use. Financial and enviroftmettial susthinability are core ouÈcomts, ensuring that the obje¢rs can ¢ontinue to be met in the tre. Page 2
Denewell Avenue United Refornied Church Trustees, Report {eontinued) ststemeDt of R¢sponsibilltles (within Truste¢s Report) The tnytees are responsible for preparing the ttiistees, report and the financial statements in accordance with the Unitrd Kirtgdo Accounting Standards (Ullited Kingdom Genetally Accepted Accounting Practi¢¢) and applicable laiv and r¢gulations. The law applieable to ch8riiies require5 th¢ tNstees to prepare f]nancial statemenls for ¢ach finLncial period which give a true and fair view of the state of affairs of the Charity and of th¢ in¢oming resource5 alld application of resourees of the charity for that period. In prepariti8 these f]nancial statements. the trustees are requir¢d to.. select suitsble accounting policies and then apply thern constslentty- observe the method% atkd principles itl the Charities SORP.. rnake judgements alld estimates that are reasonable and prudent.. state whether applicable accounting standards hav¢ been followed, subject to any material departures disclosed and explained in the fmancial staiements: and prepare the fina#¢ial sraiemenis on the going concern basis unless it is inappropriate to pr¢surne th8t the eharity will coniinu¢ in busines5. The trustees are responsible for keeping proper accounting records thet disclose with reasonable accuracy at any lime the financial position of the charity and enable tliem to ensure thai the fsnancial stateTnents comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulaiions 2008, and the provisions of the ¢on5titution. The trustees ore also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of ftaud and other iThegul8rities. Th¢ Thsiees are responsible for the maintenance and integrity of the corporate and financial infomiatioll included on the charitable compafts websiie. Legislation governing the preparation and dissemination of fmancial statements may differ from legislation in other juri5dictton5. Th¢ mnual report was approved by th¢ trustees of the charity on 3 June 2026 and signed on its behalf by: Reverend Marcus Hargis Trustee Pag¢ 3
Denewell Avenue United Refornied Church lodependent Ex4min¢r'$ Report to the Irust¢e$ of Den¢wcll Avenue Ullit¢d R¢fornied Church I report tts the tn]stee5 on my examinatÈon of the 8CCOilThts of Denewell Avenu¢ UDit¢d Refornied Church for the year ended 31 De¢¢mber 2025. RespoD5iblllties and ba51¥ of report As the choTity wsrees of Denewell Avenue United Refornied Church you are responsible for the preparatjOD of the accounts accordance with the require]nents of the Charitie5 Act 2011 ('the Act,). E report in respect of rny exarnination of the Dcnewell Avenue United Refotined Church 's accounts carried out under sectlQD 145 of the 2011 A¢t and in carrying out my examination I have followed Jll the applicable Directions given by the Charity Commission under section 145(5Kb) of the Act. IndepeDdent ex*miner's ststement I have completed my examination. I confjrni that no material matters have come to my attention in connection wlth the examination giving me Cause to b¢liev¢ that in any material respect.. accountin8 record5 were not kept in respect of Denewell Avenue Ullited Reformed Church as requited by sectjOA 130 of the Act. or 2. the aceounts do not accord with those re¢ords,' or 3. the accotsnts do not cotnply with the accoun(in¥ requiremEnts CLKLcerning the forni and cottient of accounts set out in the Charities (A¢¢(wnts and Reports) Regulation5 2008 other than any requirenient that the accounts give a 'trLke and fair view, which is not a matter considered 8s part of an indyndent examination. I have no ¢oncerns and have come across no other matters ITh ¢¢)nu¢clion with the ¢xamination to which 8tt¢ntion should be drawtr] ID this report in order to enable a proper undersiandftng of the accounts io be reached. n I McMaTJUS Hatl Ltd Unit Cl I, Marquis Court Kingsway South Team Valley Trading EstAie Goteshead Tyne & Wegr NEII ORU Date.. 2Gz6 Page 4
Den¢well Avenue Unit¢d Reform¢d Church StAttm¢Dt of Financial Activities for the Period from 10 Oetober 2024 to 31 December 2025 Unrestri¢ted funds Restricted funds Total 2025 Note Income 8nd Endowments from". Donations and legacies Charithble artivities Investtnent income 30,859 23,211 676 14,479 45,338 23.211 676 Total incorne 14,479 69,225 Expenditure on: Charitable activities (34,726 6.518 41,244 Tal expendittJr¢ (34,726) 6.518 41.244) Net income 7.961 27,981 Net movement in fim(ts 20,020 7.961 27,981 ReeoneS1iation of fvDds Total funds brought forward 29.072 329 29.401 Totsl funds ¢arried forward 49,092 UDf¢Strict¢d 8290 R¢str4Ct¢d funds 57,382 Total 2024 Note Incorne 8nd Endowm¢nts from: Dortatiorts and legacie$ Chitable activities Inve5tmertt income 19,067 14.186 253 ,525 20,592 14.186 253 Total incom¢ 33.506 1.525 35.031 Expethdlture on: Charitsble activities 137,436 (1,221) 38,657 Tottl expenditure Net (expenditur¢yincome 137,436 11,221) (38,657) 3,930 304 3,626 Net movement in ndS (3,930) 304 (3,626) Reconciligtion of fvnds Total fimd$ brought fornard Totsl fijnds ¢&ted fonvard 33.002 25 33,027 329 29.401 All of the charlty's activities derive from continuing opeEations during the above two P¢Tiods. The funds breakdown for 2024 is shown in note 7. The notss ott pages 7 to 10 fonn an integral part of thes¢ fit)ancial statemeThts. Page 5
Den¢w¢ll Avenue Unit¢d Reformed Church Balance Sheel as at 31 December 2025 2025 2024 Nott Current Bssets Ekbtors Cash at bat and iti hand 2.046 3.326 26,074 57.381 29,400 Creditors: Amounts falling due within one year Net Sets 57,382 29,401 Funds of th£ tharity: R¢5tricted intome fuDds Restricted funds 8,290 329 UDrestrleted ineome fuods Unrestricted fijnds 49.092 29,072 Tolal fund$ 57,382 29,401 The fman¢ial ststements on pages 5 to 10 were approved by the tNsiees. and authorised for issue on 3 June 2026 and signed on their behalf by.. Reverend Marcus Hargis TrtL5tee The notes on pages 7 to 10 fonYA an integral part of these fmjancial stateniekts. Page 6
Deneiyell Aveoue United R¢form¢d Church Notes to th¢ Financial Statements for the Period from 10 October 2024 to 31 December 2025 l Ateounttng po15cies ststemellt ofeompll8nce The flnancial sratements have been prepared in accordance with the second edition of the Charitie5 Ststement of Recommended Practice issued in Octob¢r 2019, th¢ Finan¢i41 Reporting Standard applicable yr¢ the United Kingdom and Republic of Ireland (FRS 102) and the Chariiies Act 2011. Basls of preparatlon Denewell Avenue United Refom)ed Clwrth meets the definition of a public benefit eTriity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention wilh items recognised at cost ortrdnsadi¢)n value unles5 oth¢rwis¢ ststed in th¢ rel¢vant not¢(5) to thes¢ account5. Going concern The trustees consider that there are no material uncertaintiC5 ab)ut thc charl5 ability to Coniioue as a going ¢on¢ern. Income and eDdowm¢nts VOlUtary iticome including donations, gifts, legacies 2nd granis ttwt provide core funding or are of a generai natur¢ is recognised when the charity has entitl¢m¢nt to the in¢ome, it is probable that the income will be reeeived and the omount c2rt be measured with sufficient reliability. Dooallons and legacl Donations and legacies are recognised on a receivable basis when r¢¢eipi is probabl¢ and the atnowit can be rel&ably ffle&sured. Grnnts recelvoble Grants are re¢ognised when the charity has an entitlement to the fvnds and any conditions linkcd to the grants have been met. Where perforrnance conditions are attached to the grant and are yet to be me¢ the income is TognIsed as a liability and included on th¢ balance sheet as deferred income to be released. nvestrnent income is recogni5ed on receipt Expet)dliure All expenditure is recognised once there is a legal or consttuccive obligation to that expenditure, it is probabl¢ settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar c05ts to that cate80ry. Where Costs ¢alln be directly attributed to particular headiiigs they have been allocated on a basis consisieni with the use of resources, with central stsff cost5 allocated on the basis of time spent, and depreciatiojj charge5 alloEaled ort tbe portion of the assei's u&e. Other support Costs are allocated based on the SPTead of staff c4)sts. Rotslftgfvnds Thes¢ are costs illCUTred in attra¢ting volulltary incorne, thr ttLana8ement of investments and thos¢ iticutrcd in tradins activities that raise filllds. Page 7
DeDve11 Avenue United R¢forni¢d Church Notes to the Flnancial Statements for the Period from 10 October 2024 to 31 Dccembcr 2025 (Colltinued) Support Costs Support costs include central funciions and have been allocated to 8¢tivity cost categori¢s on a basis eonsistenl with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent a[ other costs by their us88e. Tr&de debtors Trade debtors are amounts due from ¢tOmerS for merchandise sold or servi¢es perfomed in the ordinary course of busine55. Trdde debtors are T08nSed ilI]allY at the transaction price. They are subs4u¢ntly rnusured at amortised cost using the effective interest method, less PTOV15ion for impairn)ent. A provision for the impairm¢nt of trad¢ debtors is e5tablithcd when there is objective evidence that the charity will not be able to collect all amounts due according to the original tem15 of th¢ e1vbles. Ch equiYal¢nts Cash and cash equtval¢nts ¢omprise c&4h on hand and call deposits, oiher short-terni highly liquid invesm)¢nis that are Tvddily convertible to a known amount of and are subject to an insisDiftcznt risk of change in value. Fund strueture Unrestricted income funds are genernl funds that are Available for use at the ttustees discretion in funhemice of rhe gbjective5 of the ¢harity. Restricted income fun(Ls are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area OT purpose. 2 Incorne from don8tions 8nd leg8tie5 UDrestrleted funds General R¢strict£d futtds Totsl funds Donation5 and legacies. Donations from individuals Gr&nts. including e&pital graDt5' Grants from other Charities Regular giving atld capital donatlons 2,479 2,479 400 30,459 12,000 12,400 30,459 Tot#1 for period ended 31 December 2025 30.859 14.479 45.338 TotAI for perlod ended 9 (ktober 2024 19,067 1,525 20,592 Page 8
D¢newell Avenue United ReforRned Church Notes to the Financial Sta¢em¢nts for the Period from 10 O¢tober 2024 to 31 December 2025 (continu¢d) 3 Ineome from charitable aetlvitles Unrestricted funds GeTheral Total 23,211 23,211 Total for period etsded 31 Decomber 2025 23.211 Total for period ended 9 October 2024 14.186 4 Jnvestmept income Unrestrlete funds General Totxl 202S Totsl 2024 Interest re¢eivable and similar income., Interest receivable on bank deposits 676 676 253 S Debtors 2025 21124 Other debtors 2,046 3.326 6 C•3h and ¢a3h ¢quiw8leDt$ 2025 21124 Cash at bank 55,335 26,074 Page 9
Denrnell Avenue Unit¢d Refornied Church Notes to the Finaneial Stt¢m¢nÉ$ for the Period from 10 October 2024 to 31 De¢ember 2025 (continued) 7 Funds Balllce at 31 December 2025 Balance at 10 October 2024 ADcoming resources Resource5 expended UDrestricted fuDd General 29,072 54.746 (34.726) (6.518) 49,092 Restricted funds 329 14.479 8.290 Total funds 29.401 69225 41,244 37,382 BAlaD£e al January 2024 Incomlng resourcts Resouree expend¢d B#lance At 9 October 2024 Unrutricted fund5 General 33.002 33,506 (37,436) 29,072 Ru¢ri¢ttd funds 25 1,525 1221 329 Total funds 33,027 35,031 (38,657) 29,401 Pa8e 10
Denewell Avenue United Refornied Chureh Statement of Financial Activities by fund for the Period from 10 October 2024 to 31 Dec¢mber 2025 TotA Total UDrestritted Uthrestricted Funds Funds 202S 2024 Income Endowments from: Donation5 and legacies Charitable activities tnv¢stment income 30.859 23,211 676 19.067 14,186 253 Total income 54,746 33,506 Expenditure on: Charitsble activitie5 37,436 Total expendiDJre (34,726) {37.436 Net income/(expenditi]re) 20,020 3,930 Net movetnent in funds 20,020 {3.930) Reconeili#tion of fvThds 'rotal fidS brought forward 29.072 33,(102 Totsl funds catri¢d fonvard 49.092 29.072 This pag¢ do¢s not form part of the ststutory fmancial statements. Page 11
Denewell Avenue United Refonned Church Statement of Financial A¢tivitie$ by fund for the Period from 10 Octob¢r 2024 to 31 Dvember 2025 (continued) Total Restrleted Funds 2025 Total Restrieted Fund5 2024 Income and Endowrnents from: Donations and legacies 14.479 1,525 Totsl income 14.479 1.525 Expendtture on: Charitsble a¢tivi¢i¢s 16,518) {1,221} Total exp¢ndinJTe (6,5 18) {1,221} Nei income 7,961 304 Net movem1 in funds 7,961 304 Reconciliation o(funds Total ndS brought forward 329 25 Total fijnds carried forward 329 This page does noi forn) part of the $tstu¢ory flnancial 5talements. Page 12
Den¢w¢ll Avenue United R¢form¢d Church Dctail¢d Statement of Financial A¢tivities for th¢ Period from 10 October 2024 to 31 December 2025 Total 2025 Total 2024 IDcome and Endowments from: Donations atld le¥acie5 lanalysed below) Charitable a¢tivities (analysed below) Investhient tncome lanajysed below) 45,338 23,211 676 20.592 14,186 253 Totsl income 69 25 35.031 Exptmdlture om.. Chfiritsble activities (analysed below) (41,244 {38,657 Total expcndttiire (41,244) 38,657 Net incomel(expendtture) 27.981 3,626 Net movement in fund$ 27,981 (3,626) Reconcillatlon of funds TotAI fimds brought fonvard Totsl fi]nds carried forward 29.401 33.027 37,382 29,401 This page does not fom part of the statutory financiai statements. Page 13
Deneivell Avenue United ReforRned Chureh Detailed Statement of Fingdneial Activities for the Period from 10 October 2024 to 31 December 2025 (continued) Totgl 10 October 2024 to 31 December 2025 Total l Jsnuary 2024 to 9 October 2024 DO110$ le¥ticie5 Committed giving Appeals and donations Grants- other agencies Grdnts- other agencies Donations 2nd appeats 21,426 2,479 12.000 400 9.033 14.751 775 750 560 3.756 45,338 20,592 Charlrf4ble acllvllleJ Re]Jtal incollle 23.211 14,186 23,211 14,186 Inwalmevl incon Tnt¢rest OD cash deposits 676 253 676 253 Churliable ucliwrfds Ministry and mission Pulpit supply Dir¢ct e951s Off&ce expenses Charitable donations-restricled Water Tates Light, heat and power Insurance Repairs and inaintenance Repairs and maintenance Audio & visual equipment A¢countancy fees Legal and professional fees (17.343) (720) (2.784) {5 13) (1206) (990) {362) (3.841) (5,312) {5,827} (1,200) (233) 913 {9,635) {710) {1.545) (309) (1.221) {1,686) (9.3261 (4,310) (9,361) (78) 476) 41.244 (38,657 This page does not forn) part of the statutory fjnancial statements. Pag¢ 14
Denewell Avenue United Reformed Church Detsiled Statement of Finaneial Activities for the Period from 10 Oetober 2024 to 31 Dtetmber 2025 (conthiued) 31 December 2025 Restricted funds Total Donartons and legaclos Committed 8iVtng Appeals and donations Grdnts- other agencies Grdnts- other agencseg Donations and appeals 21,426 2,479 12,QOO 400 9.033 2.479 12,000 14,479 45,338 31 December 2025 Total Charliable aclh¥rf Rental income 23,211 23211 31 December 2025 TotAI Inveslmeni Income Interest on cash d¢p05its 676 676 31 D¢c¢mb¢r 2025 Tol*l This page does not forn) part of the ststu¢Ory statements. Page 15
Deneivell Av¢nu¢ UnSted Reformed Church Detailed Statement of Finan¢i*l Aetivitie5 for the Period from 10 October 2024 to 31 December 2025 (continued) 31 December 2025 Restrttied fund5 Total Chorl¢&ble Ministry and mission Pulpit supply Direct ¢osts OtTice expenses Chari¢able donation$-r¢5tri¢ted Water rates Light, h¢at and p¢)wer Jnsurance R¢pair5 and maifttenAnc¢ Repairs and maintenance Audio & visual equipment Accountsn¢>' fees Legal and professional fees (17.343) {720) (2,784) (513) (1,206) {990) (362) (3.841) (5,312) (5,827) (1,200) (2331 (913) 11.206) {5,312) (6,518 (41,244) This page does not form part of the stsiuiory fmoncial statements. Page 16