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2025-03-31-accounts

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

Charity number: 220466

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND CONTENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Charity Information 1
Trustees' Report 2-7
Independent auditor's report 8 - 10
Statement of financial activities 11
Balance sheet 12
Cash flow statement 13
Notes to the financial statements 14-27

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND CHARITY INFORMATION

Trustees Reverend G Samiec Chairman (retired 24
November 2025)
Rev A Simojoki Chairman (appointed 15
November 2025)
Reverend J Ehlers Vice Chairman
Mrs D Rosser Secretary
Dr C Lumley Treasurer
Reverend J Kriger (retired November 2024)
Mrs L M Cowie
Mrs M L Robinson
Rev C Flor (appointed 2 November 2024)
Key management personnel Reverend G Samiec Chairman
Reverend J Ehlers Vice Chairman
Mrs D Rosser Secretary
Dr C Lumley ELCE Treasurer and Principal,
Westfield House
Dr J Humann Preceptor, Westfield House
Charity number 220466
Registered office 30 Huntingdon Road
Cambridge
CB3 0HH
Congregations Luther Tyndale, Kentish Town Resurrection, Cambridge
St Andrew's, Ruislip Redeemer, Harlow
Christ Church, Petts Wood St Columba, East Kilbride
St Paul's, Borehamwood Good Shepherd, Coventry
St Peter's, Plymouth Our Saviour, Fareham
St David, Cardiff Ascension, Brandon, Suffolk
Auditors Chater Allan LLP
7 Quy Court
Colliers Lane
Stow-cum-Quy
CB25 9AU
Bankers CAF Bank HSBC Bank plc
25 Kings Hill Avenue 63-64 St Andrews Street
Kings Hill Cambridge
West Malling CB2 3BZ
ME19 4JQ
Cater Allen Private Bank Cambridge & Counties Bank
9 Nelson Street Charnwood Court
Bradford 5b New Walk
BD1 5AN Leicester
LE1 6TE
Solicitors Streeter Marshall Anthony Collins
12 Purley Parade 134 Edmund St
High Street Birmingham
Purley B3 2ES
Surrey
CR8 2AB

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

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

Legal status

The Evangelical Lutheran Church of England is an unincorporated association and a registered charity. The governing document is a written constitution. In September 2019, the following resolution was passed by the General Synod of the Church meeting in conference:

“Be it resolved that the ELCE become a Charitable Incorporated Organisation of member CIOs from the following: individual congregations of the ELCE; and other CIOs which operate as auxiliaries of the Church (for example and not limited to education and social care).

Be it further resolved that all the Governing Documents pertaining to the Church, and to the charities, and to the relationships within the ELCE CIO be presented at the next Synod for adoption.”

Post balance sheet, an application was submitted to the Charity Commission of England and Wales for registration of ELCUK, which will replace ELCE and serve as an umbrella body for the member congregations and auxiliary organisations of ELCE. Work is ongoing to submit the individual congregation applications for CIO.

Objectives and structure

The Church exists to spread the gospel of Christ. At the beginning of the financial year there were 12 congregations throughout the United Kingdom, undertaking to spread the gospel. We acknowledge that Holy Trinity, Tottenham, although it has a separate charity registration (1179023) and therefore submits separate accounts, remains a member of the ELCE Church body. As of 31 March 2025, eight congregations had their own pastors (full-time or part-time), and five congregations had the support of locum pastors from adjacent congregations. Six congregations support missions. The Church continues to provide theological training through Westfield House and runs an internet radio station, Lutheran Radio UK (LRUK). [Post balance sheet, it was agreed to close the internet radio station with the final broadcast being Compline on 31 December 2025. Material generated to date will continue to be made available via podcasts.]

Each congregation has local independence with regard to the running of the congregation and each congregation is represented at General Synod where policy decisions and protocols of the whole Church are discussed and agreed which each congregation then follows.

Trustees

The trustees are members of the Executive Council, which is elected by the General Synod of the Church. The members of the Executive Council during the year and since the year end were:

Reverend G Samiec Chairman (Retired November 2025)

Reverend A Simojoki Chairman (Appointed November 2025)

Reverend J Ehlers Vice Chairman

Mrs D Rosser Secretary

Dr C Lumley Treasurer

Mrs L M Cowie

Mrs M L Robinson

Reverend J Kriger (Retired November 2024)

Reverend C Flor (Appointed November 2024)

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

Trustees' responsibilities

As trustees of the charity, the Executive Council is responsible for the preparation of financial statements which give a true and fair view of the state of affairs of the charity and its incoming resources and application of resources for the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Charities SORP (FRS 102) issued in 2019. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Risk management

The trustees examine on a regular basis the major risks that the charity faces and have developed systems to monitor and control these risks and to mitigate their impact in the future. Four major risks which have a probability of occurring with serious consequences, in spite of mitigating factors, are highlighted in the risk register:

1. Governance Structure

The Executive Council recognises the importance of the completion of the restructure to CIOs despite concerns about this course of action and future viability of some congregations which were mitigated via the Synodical process. Material to support the movement to a CIO will be prepared and particular emphasis on a broad range of skills in governance will be sought at the ‘Launch’ Synod for the new CIO. The Executive Council is improving long term planning but this remains an area of concern.

2. Operational Issues: Health & Safety

The H&S Compliance Officer and Committee has not eventuated through lack of skilled and interested personnel in the ELCE. The Executive Council will work to fill these roles by Synod 2025. The ELCE has contracted with a H&S Provider to audit all policies and procedures. Congregations are improving in their H&S reporting and the Executive is encouraging further improvement. Post balance sheet, the process of obtaining Fire Risk Assessments for all church properties and manses that are occupied by a pastor was initiated.

3. Workforce Issues

There is a risk that ‘tyranny of the urgent’ will result in burn-out, loss of morale, failure to achieve the charity’s potential and poor service delivery. The Executive Council is working with a specialist HR support company to ensure that appropriate and compliant HR programmes, policies and documentation are put in place.

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

4. Operational: IT

Currently the ELCE lacks a co-ordinated plan for the supply, management and usage of Information Technology across the wider organisation. Generally, congregations and Pastors use their personal devices for access to and storage of data. This distributed estate causes lack of consistency and control over access and subsequently continuity of data access as circumstances or roles change. A group of IT policies has been drafted to address this situation, and will be presented to Synod 2025. Further work is also needed to improve the ELCE’s cloud based storage and usage and this will be given a priority in 2025/26.

Other risks, with a lower probability of occurring and with less serious consequences, should they occur, are also monitored on a regular basis by the Executive Council.

Fundraising

During the year under review, the Evangelical Lutheran Church of England engaged in fundraising primarily in the form of receiving free-will offerings/donations, some of which were gift-aided, from those attending our worship services. On occasion we have publicly invited ELCE members to consider the option of making a bequest to the ELCE in their wills. During the year under review, one such bequest was received.

We did not contract the service of any professional fundraisers as defined by section 58 of the Charities Act 1992. While we publicly invite an offering at every service and Lutheran Radio UK and Westfield House invite donations, we do not engage in persistent fundraising or intrusive fundraising practices with any of our donors, including vulnerable people. We do not use the Means of Grace to fundraise. Our fundraising practices are ethical and in the spirit of the Biblical principles of stewardship. No complaints were received about our fundraising practices during the year under consideration.

Public benefit

The trustees have considered and referred to the Charity Commission's guidance on public benefit, when reviewing the charity's aims and objectives and in planning future activities. The spiritual goals of the Church are beyond empirical assessment, but the Church continues to undertake the mission of the Church and support the congregations in the same goal. Nevertheless, when asked to comment on the achievements and performance of the Church according to the Charity Commission’s criterion of public benefit, specifically with regard to the advancement of religion, the ELCE notes the following:

Governance

The trustees meet as the Executive Council at least 6 times per year to review the objectives, structure and management of the Church. Trustees monitor the performance of funds, Church

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

operating cost centres and congregations, much of which is managed not by the trustees but by designated persons or committees who are operating under congregational constitutions and by-laws or Church policies. Trustees are inducted and trained through receipt of historical material and discussions with the Chairman and Secretary.

The key management personnel of the charity as listed on page 1 are in charge of directing, controlling, running and operating the charity on a day-to-day basis. All members of the executive Council give of their time freely and no trustee received any remuneration in the year for their work as trustees. Details of trustees’ expenses and related party transactions are disclosed in Note 11 to the financial statements.

The pay of senior staff is reviewed annually and normally increased in accordance with average earnings. Salary scales are aligned to the Annual Survey of Hours and Earnings (Table 1.1a) for ordained clergy and to local salaries for non-ordained staff.

Voluntary Help and Donations in Kind

All the congregations rely on the voluntary help of many people, including their treasurers, without whose generosity the congregations could not function.

Land and Buildings

The Church, including the congregations and the theological college, operates from buildings that are held in trust for the Church by the Evangelical Lutheran Church of England Trust Limited ('the Trust'). The Trustees have been advised that the Trust is the custodian of these properties and ELCE (Church) is the beneficial owner. Accordingly, the property and associated income and expenditure are recorded in the ELCE (Church) financial statements, with the exception of the property in Sunderland for which the beneficial ownership was transferred to the Trust, as of 1 November 2020.

During 2023-24, one congregation purchased a flat utilising funds from a previous land sale which were being held in the Trust pending the purchase and which thus constituted a debt from the Trust to the Church. During the period under review, the remaining funds from the original sale were transferred to the Church, clearing the full ‘Trust to Church’ debt.

ELCE from time-to-time benefits from funds provided by the Trust to the Church for central running costs and special projects (for example, the legal costs of the restructure work). The terminology of 'loan' has been used for these transactions between ELCE and the Trust as, historically, the intention was that the money would be put back into the Trust. The Trustees of the Trust have now confirmed they are not seeking repayment of these amounts, and therefore the amounts previously recorded as loans were in fact grants to ELCE, which has the same objects as the Trust.

The Trust also, from time to time, provides concessional loans to member congregations of the ELCE. The majority of these loans bear interest and are repayable by instalments. No new loan applications were made to the Trust in the period under review. However, post balance sheet, ELCE received a donation of £30,000 from the Trust to support the maintenance of congregational buildings. The intention is that congregations can apply to this fund to help meet immediate costs, and that any monies they receive from this fund will be paid back over time, interest free.

Market value of land and buildings

The Council considers that the market value of land and buildings, all of which are in use for charitable purposes, is considerably higher than book value. It is estimated, without carrying out a professional valuation, that the market value could be in the region of between £20 to £25 million. However, the Council does not consider it of value to obtain a professional valuation. As a guide, the buildings alone are insured for more than £25 million.

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

Financial Review

The Church had net surplus of £124,598 in the year (2024: net surplus of £20,522). At the end of the period net assets totalled £7,868,358 (2024: net assets £7,743,760).

i. Restricted Funds

Total restricted funds now stand at £561,602 (2024: £487,055). The movements on these are set out in Note 16.

ii. General Funds

The General Fund has increased by £41,267 to £589,867. Designated funds increased by £8,784 to £6,716,889 during the year. Post balance sheet, it was agreed to release £10,000 from the car loan fund to the general fund.

The Trustees established a policy of reviewing the designated funds each year and closing those which had been dormant for three years. The Welfare Fund and the Worship Committee Fund were therefore closed and the balance from each moved to the General Fund.

iii. Free Reserves

The Trustees intend to hold sufficient free reserves to cover 6 months of net operating costs, estimated at £25,000 per month.

The unrestricted general fund stands at £589,867, designated funds at £6,716,889 and restricted funds at £561,602. Total funds at the year end are £7,868,358. Tangible fixed assets now total £6,663,535.

During the period under review, the Trustees agreed to designate a further £1,596 to the Restructure fund.

Congregations

The Executive Council has been advised that the member congregations are not subsidiaries of the Evangelical Lutheran Church of England but are autonomous bodies. Work is ongoing to prepare new governing documents so that applications for CIO status can be made by ELCE member congregations and other auxiliary bodies. Until then the activities and assets and liabilities of the member congregations and other auxiliary bodies are included in these financial statements, with the exception of Holy Trinity which prepares and submits its own accounts to the Charity Commission for England and Wales.

The non property and non-bank assets of the congregations are not included in the balance sheet as they are inalienable and the cost of attempting a valuation would be burdensome. All assets are held for the charitable purposes of the Church.

The congregations had an overall deficit of £62,200 in the period (2024: surplus £1,550).

Connected Charity

The Evangelical Lutheran Church of England Trust Limited is connected to the Evangelical Lutheran Church of England due to the fact that both charities have as their object the spread of the gospel and the Executive Council members are Trustees of the Evangelical Lutheran Church of England and Directors of the Trust. The charitable company has agreed to meet the liabilities of the Evangelical Lutheran Church of England in the event that the Church is unable to meet them itself.

Plans for Future Periods

The Trustees are committed to ensuring that the new structure is finalised and implemented so that the charity can continue to focus on its objective of spreading the Gospel, whilst complying with all UK legal and charity requirements. The new umbrella charity, Evangelical Lutheran Church in the UK

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

EVANGELICAL LUTHERAN CHURCH OF ENGLAND TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

(ELC-UK) was registered by the Charity Commission on 19 November 2025, registered number 1215838. It will remain a dormant shell charity until the congregations and Westfield House also obtain registration and can become members. In addition, work on mitigating the key risks will be prioritised.

One congregation, Christ Lutheran Church, is in the process of selling their Montessori school.

The internet radio station LRUK closed on 31 December 2025. Going forward, the wealth of material produced by LRUK will be made available via podcasts.

Site Re-developments

The members of Redeemer Lutheran Church, Harlow, wish to develop their site to provide affordable rental accommodation in a multi-storey redevelopment of the site which will include a new church and accommodation for the pastor and his family. Work is ongoing to progress this.

Auditors

Chater Allan LLP have expressed their willingness to be reappointed as auditors.

Approved by the Trustees on 17 January 2026 and signed on their behalf by:

Dr C Lumley

Trustee

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND FOR THE YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of Evangelical Lutheran Church of England for the year ended 31 March 2025 which comprise Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of

accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees' annual report , other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND FOR THE YEAR ENDED 31 MARCH 2025

Other information (continued)

We have nothing to report in this regard.

Matters on which we are to required to report by exception

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND FOR THE YEAR ENDED 31 MARCH 2025

Auditor’s responsibilities for the audit of the financial statements (continued)

We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we;

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-andguidance/Standards-and-guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditorsresponsibilities-for-audit.aspx. This description forms part of our auditor’s report.

Use of report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the charities (Accounts and reports) regualtions 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Chater Allan LLP Chartered Accountants & Statutory Auditors 7 Quy Court Colliers Lane Stow-cum-Quy CB25 9AU

30 January 2026

Date: ….................................

Chater Allan LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND STATEMENT OF FINANCIAL ACTIVITIES (incorporating Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
Note £ £ £ £
Income from:
Donations and legacies 2 281,741 136,754 418,495 292,165
Charitable activities 3 64,180 333,993 398,173 409,523
Other Income 4 381,420 19,488 400,908 376,512
Investments 5 2,548 11,933 14,481 11,847
Total income 729,889 502,169 1,232,058 1,090,047
Expenditure on:
Charitable activities 6 708,295 399,165 1,107,460 1,069,525
Total expenditure 708,295 399,165 1,107,460 1,069,525
Net Income/(expenditure) before investment 21,594 103,004 124,598 20,522
gains/losses
- - - -
Net realised and unrealised gains/(losses)
on investments
Net (expenditure)/Income before transfers 21,594 103,004 124,598 20,522
Transfers between funds 16 28,457 (28,457) - -
Net movement in funds 50,051 74,547 124,598 20,522
Reconciliation of movement in funds:
Total funds brought forward 7,256,705 487,055 7,743,760 7,723,238
Total funds carried forward 7,306,756 561,602 7,868,358 7,743,760
----- End of picture text -----

All activities relate to continuing operations.

The notes on pages 14 to 27 form part of these financial statements.

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND BALANCE SHEET AS AT 31 MARCH 2025

----- Start of picture text -----
Total Total
2025 2024
Note £ £
Fixed assets
Tangible assets 12 6,663,535 6,663,096
6,663,535 6,663,096
Current assets
Debtors 13 192,745 291,167
Cash at bank and in hand 1,315,565 1,082,480
1,508,310 1,373,647
Liabilities
Creditors: amounts falling due 14 199,533 170,524
within one year
Net current assets 1,308,777 1,203,123
Creditors: amounts falling due 15 103,954 122,459
after more than one year
Net assets 7,868,358 7,743,760
Charity funds
Restricted funds 16 561,602 487,055
Unrestricted funds
Designated funds 16 6,716,889 6,708,105
General Fund 16 589,867 548,600
7,868,358 7,743,760
----- End of picture text -----

The financial statements were approved by the Trustees on 17 January 2026 and signed on their behalf by:

……………………………………………………

Dr C Lumley Trustee

The notes on pages 14 to 27 form part of these financial statements.

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
Total Total
2025 2024
£ £
Cash flows from operating activities:
Net cash provided by operating activities 221,324 198,496
Cash flows from investing activities:
Interest from investments 14,481 11,847
Purchase of property, plant and equipment (2,046) (158,573)
Net cash provided by investing activities 12,435 (146,726)
Cash flows from financing activities
Interest paid (674) (895)
Change in cash and cash equivalents in the reporting
period 233,085 50,875
Cash and cash equivalents at the beginning of the
reporting period 1,082,480 1,031,605
Cash and cash equivalents at the end of the reporting
period 1,315,565 1,082,480
Summary of the cash and cash equivalents at the end
of the reporting period
Cash at bank and in hand 1,315,565 1,082,480
1,315,565 1,082,480
Reconciliation of net income/(expenditure) to net cash flow from operating activities
Net (expenditure)/income for the reporting period 124,598 20,522
Adjustments for:
Depreciation charges 1,607 1,921
- -
Gift of operating asset
Interest from investments (14,481) (11,847)
Interest paid shown in financing activities 674 895
(Increase)/decrease in debtors 98,422 189,169
Incease/(decrease) in creditors 10,504 (2,164)
Net cash provided by operating activities 221,324 198,496
----- End of picture text -----

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Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with 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) (2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Practice.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Evangelical Lutheran Church of England meets the definition of a public benefit entity under FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the entity.

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.3 Income

Donations and legacies are accounted for once the charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Where material assets are donated to the charity for its use, these are capitalised at the estimated fair value at the date of the gift and included under income. Assets given for distribution by the charity are received as income when distributed and stated in the accounts at the trustees’ estimated market value at the time of receipt.

The various congregations hold fundraising events throughout the year and costs associated with these events are netted off. Consequently, the figure in the accounts is shown net of these costs. In the opinion of the Trustees, the gross income and expenditure are not materially understated.

14

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.3 Income (continued)

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

The charity benefits from many voluntary hours and unclaimed out-of-pocket expenses. It would be impossible to place a value on all these gifts in kind for which the charity is extremely grateful.

All the congregations rely on the voluntary help of many people, including their treasurers, without whose generosity the congregations could not function. To place a monetary value on the time donated by volunteers would be an onerous task for the Trustees and therefore has not been attempted.

1.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

The majority of costs are directly attributable to specific activities. Staff costs are allocated on the basis of time spent by staff on each activity. Other costs, including support costs are charged directly to the activity when incurred.

1.5 Going concern

The Trustees have carefully considered the cashflow forecasts for future periods using all available information. They have taken steps to ensure that the funding available from the Evangelical Lutheran Church of England Trust Limited to the charity is adequate to meet the estimated cashflow requirements. The Trustees have a reasonable expectation that the charity has adequate arrangements in place to continue in operation for the foreseeable future. For this reason they continue to adopt the going concern basis of accounting in preparing the financial statements.

1.6 Tangible fixed assets and depreciation

All fixed assets acquired for the Charity's own use are capitalised at purchase price or cost of production, or at estimated value at the time of gift where received by way of gift. No depreciation is provided on freehold land. Where the charity adopts a policy of maintaining properties to a standard that prolongs their lives and enhances their residual value, the trustees consider any depreciation arising to be insignificant and the properties are not depreciated. Where impairments occur, these are provided for. Otherwise depreciation is provided at rates to write off the excess of cost over residual value amount, over estimated useful lives as follows:

Fixtures & fittings 10 years Office equipment 4 years

15

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.7 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

1.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Pensions

The charity makes contributions to defined contribution schemes, which are accounted for as they are paid.

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

16

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. INCOME FROM DONATIONS AND LEGACIES

General Donations
Offerings		 Unrestricted Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
23,522
136,754
160,276
258,219
-
258,219
281,741
136,754
418,495		 Total
funds
2024
£
38,673
253,492
292,165

Included in Restricted Fund donations are donations for Westfield House and Lutheran Radio UK (below).

3. INCOME FROM CHARITABLE ACTIVITIES

Unrestricted Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
Westfield House income (see below)
-
324,429
324,429
Congregation Led Group income - Seedlings
59,548
-
59,548
Student Aid Fund
250
-
250
Youth Fund
3,949
-
3,949
Overseas Mission
371
-
371
Publications
62
-
62
Furlough fund
-
1,680
1,680
Westfield House Endowment
-
3,150
3,150
ELCE Retreat Launde Abbey
-
4,734
4,734
64,180
333,993
398,173
Westfield House income:
Donations
(note 2)
-
35,446
35,446
Tuition fees
(note 3)
-
137,127
137,127
Other income
(note 3)
-
820
820
Rental income
(note 3)
-
186,482
186,482
-
359,875
359,875
Included in Other income of Westfield House is £199 (2024: £137) interest received
Westfield House Building Fund:
Donations
(note 2)
-
50,000
50,000
-
50,000
50,000
Westfield House Organ Fund:
Donations
(note 2)
-
50,000
50,000
-
50,000
50,000
Lutheran Radio UK:
Donations
(note 2)
-
1,308
1,308
-
1,308
1,308		 Total
funds
2024
£
330,598
66,810
250
1,187
3,346
65
-
2,650
4,617
409,523
26,104
130,950
9,079
190,569
356,702
11,368
11,368
-
-
1,201
1,201

17

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
£ £ £ £
4. OTHER INCOME
-
Congregational income 362,910 362,910 342,908
Rental income receivable 18,510 19,488 37,998 33,604
381,420 19,488 400,908 376,512
5. INVESTMENT INCOME
Investment income 2,548 11,933 14,481 11,847
2,548 11,933 14,481 11,847
6. COST OF CHARITABLE ACTIVITIES
Central Administration
Maintenance and cleaning 77 - 77 25
Legal Fees 457 - 457 1,923
Telephone/internet 929 - 929 834
Postage (23) - (23) 21
-
Stationery, printing, duplicating and IT 3,380 3,380 2,848
Travel - - - 1,075
Rates - - - 482
Insurance 2,018 - 2,018 3,136
Bank charges 290 - 290 211
-
Audit fee - current year 9,840 9,840 10,600
-
Accountancy and bookkeeping fees 15,000 15,000 16,800
-
Property expenses 8,204 8,204 4,102
Sundries 1,348 - 1,348 131
Donations 27,250 - 27,250 300
-
68,770 68,770 42,488
Congregational expenditure
Pastors' salaries and costs 250,932 - 250,932 275,979
Establishment costs 200,990 - 200,990 163,370
-
Insurance and repairs 81,389 81,389 58,889
Other costs 11,567 - 11,567 9,714
Church Led Group costs - Seedlings 62,094 62,094 73,416
-
606,972 606,972 581,368
----- End of picture text -----

18

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
6. COST OF CHARITABLE ACTIVITIES (continued) £ £ £ £
Westfield House
Direct costs - 62,657 62,657 64,914
-
Salaries and wages 176,287 176,287 163,170
-
Property expenses 122,548 122,548 109,774
-
Accountancy and bookkeeping fees 6,000 6,000 6,000
-
Legal Fees 2,486 2,486 1,329
Other costs - 2,617 2,617 4,421
-
372,595 372,595 349,608
Fund Expenditure
-
Furlough fund 1,194 1,194 2,000
Youth fund 4,564 - 4,564 4,459
Barnes conference 650 - 650 515
Board for overseas mission 4,025 - 4,025 5,405
-
ELCE Retreat Launde Abbey 4,481 4,481 3,960
-
LRUK (below) 18,771 18,771 24,725
Publications 1,607 - 1,607 1,862
Retirement - 2,124 2,124 24,000
Student Aid payments 200 - 200 200
Westfield House Endowment - - - 10
Restructure fund 1,596 - 1,596 3,274
Glen Zweck Scholarship Fund - - - 7
HR/HS 6,997 - 6,997 1,132
Westfield House Building Fund - - - 3
- -
Dr. George Pearce Fund 5,000 5,000
19,639 26,570 46,209 71,552
Lutheran Radio UK:
Salaries - 19,989 19,989 19,208
Other costs - (1,218) (1,218) 5,517
-
18,771 18,771 24,725
ELCE expenditure
-
ELCE committees and Chairman expenses 10,633 10,633 11,402
-
10,633 10,633 11,402
Miscellaneous expenses
-
Depreciation 1,607 1,607 1,921
Interest payable 674 - 674 895
- - -
Cancellation of voluntary contributions (2011-2021) 6,835
Bad debts - - - 3,456
-
2,281 2,281 13,107
Total Expenditure 708,295 399,165 1,107,460 1,069,525
----- End of picture text -----

19

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. ANALYSIS OF TOTAL EXPENDITURE

Staff costs
Other
Depreciation
2025
2025
2025
£
£
£
Charitable Activities
447,009
658,844
1,607
447,009
658,844
1,607
8. NET INCOME/ EXPENDITURE
The excess of income over expenditure is stated after charging:
Depreciation of tangible fixed assets: owned by the company
Auditors remuneration: audit
Auditors remuneration: non-audit
Auditors remuneration: audit in relation to the prior year
9. STAFF COSTS
Wages and salaries
National insurance
Pension costs
The average monthly number of employees during the year was as follows:
Work with congregations
Theological training		 2025
£
1,107,460
1,107,460
2025
£
1,607
8,840
1,000
-
2025
£
385,383
41,812
19,814
447,009
2025
No.
14
4
18		 2024
£
1,069,525
1,069,525
2024
£
1,921
9,600
1,000
1,600
2024
£
392,005
39,829
22,019
453,853
2024
No.
14
4
18

No employee received remuneration amounting to more than £60,000 in either year.

Key Management Personnel

The total wages & salaries, social security costs and pension costs of the key management personnel of the charity as listed on page 1 were £179,953 (2024: £191,720).

10. PENSION COSTS

The charity contributes to defined contribution pension schemes. The assets of the schemes are held separately from those of the charity in independently administered funds. The pension cost charge represents contributions payable by the charity to these funds and amounted to £19,814 (2024: £22,019).

20

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11. TRUSTEES' REMUNERATION

During the period, expenses amounting to £17,338 were reimbursed to 5 trustees (2024: £15,664 to 3 trustees). No remuneration was paid to any trustees during the year in their capacity as trustees. Note 13 sets out details of car loans made to trustees. During the year, donations amounting to £106,797 were received from trustees.

Remuneration is paid to the following trustees who are employees of the charity in their positions as ordained ministers of member congregations and as Principal of Westfield House.

Rev G Samiec
Rev J Ehlers
Dr C E Lumley
Rev J Kriger
Rev C Flor		 Wages and
salaries
£
36,337
33,309
28,050
34,066
36,337
168,099		 Social
security
£
3,759
3,341
2,616
3,446
3,759
16,921		 Pension
costs
£
2,550
2,395
-
2,391
2,550
9,886

During the period Rev G Samiec, Rev J Ehlers Rev J Kriger and Rev Flor were provided with accommodation. The key management personnel of the charity are considered to be related parties and their total employee benefits are set out in note 9.

12. TANGIBLE FIXED ASSETS

Cost
As at 1 April 2024
Additions
Revaluation
Disposals
As at 31 March 2025
Depreciation
As at 1 April 2024
Charge for the year
As at 31 March 2025
Net book value
As at 31 March 2025
As at 31 March 2024
DEBTORS
Due < 1 year
Trade debtors
Car loans - concessionary loans
ELCE Trust Limited
Other debtors
Prepayments and Accrued Income		 Freehold
property
£
6,627,990
1,553
-
6,629,543
-
-
-
6,629,543
6,627,990		 Library
books
£
192,932
-
-
-
192,932
170,084
-
170,084
22,848
22,848		 Fixtures
and fittings
£
58,970
-
-
-
58,970
46,712
1,597
48,309
10,661
12,258		 Computer
equipment
£
15,838
493
-
-
16,331
15,838
10
15,848
483
-
2025
£
82,536
3,979
-
1,754
41,181
129,450		 Total
£
6,895,730
2,046
-
-
6,897,776
232,634
1,607
234,241
6,663,535
6,663,096
2024
£
70,563
6,332
89,944
12,039
45,006
223,884

13. DEBTORS

21

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. DEBTORS

Included in car loans are amounts totalling £1,319 owed by one trustee in office at the period end (2024 - one trustee owed £2,000). All of the loans detailed are repayable by instalments within the next four years and no interest is charged with the exception of one car loan.

2025
Due > 1 year
£
Car loans - concessionary loans
7,847
Other concessional loans due from congregations as below
55,448
63,295
Other concessional loans due from congregations:
£
Holy Trinity
55,448
55,448
Total debtors
192,745
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade creditors
44,046
Other creditors
10,310
Other taxation and social security
4,751
Accruals and deferred income
38,224
97,331
Deferred income:
As at 1 April 2024
12,812
Deferred income recognised in the year
(12,812)
Resources deferred during the year
18,833
As at 31 March 2025
18,833
Deferred income represents tuition income and rents received in advance
Congregation amounts owed to Evangelical Lutheran Church of England Trust Limited
2025
£
Holy Trinity, Tottenham
139,360
St Peters
11,750
Redeemer building project
55,046
206,156
Less: due after one year
(103,954)
102,202
Total creditors falling due within one year
199,533
The majority of the loans bear interest and are repayable by instalment.
15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Monies owed to Evangelical Lutheran Church of England Trust Limited
2025
£
Holy Trinity, Tottenham
39,910
Redeemer building project
53,771
St Peters
10,273
103,954		 2024
£
11,835
55,448
67,283
£
55,448
55,448
291,167
2024
£
31,882
7,248
4,958
30,784
74,872
17,845
(17,845)
12,812
12,812
2024
£
139,360
23,330
55,421
218,111
(122,459)
95,652
170,524
2024
£
45,760
54,846
21,853
122,459

22

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
16. STATEMENT OF FUNDS Brought Transfers Transfers Carried
forward Income Expenditure in (out) forward
Note £ £ £ £ £ £
Designated Funds:
Car fund i 21,833 6,341 - 28,174
Sabbatical leave fund iii 8,976 - - - - 8,976
Student aid fund iv 6,178 250 (200) - - 6,228
Youth fund v 1,830 3,950 (4,564) - - 1,216
Rev Dr E Geo Pearce memorial fund vi 17,510 - (5,000) 251 - 12,761
Board for overseas mission vii 3,672 371 (4,025) 368 - 386
Barnes conference x 9,537 - (650) - - 8,887
Property fund xii 6,627,990 - - 1,553 - 6,629,543
Restructure Fund xiii - - (1,596) 1,596 - -
Publishing Fund xiv 1,221 81 (1,607) 1,560 - 1,255
HR/H&S Fund - Designated xv 9,358 14,250 (6,997) 2,852 - 19,463
-
6,708,105 18,902 (24,639) 14,521 6,716,889
General Funds:
General Funds: 548,600 710,987 (683,656) (54,444) 68,380 589,867
Total Unrestricted Funds 7,256,705 729,889 (708,295) (39,923) 68,380 7,306,756
Restricted Funds:
Retirement reserve fund xvi 6,073 19,488 (2,124) 4,690 - 28,127
LRUK xvii 22,575 1,308 (18,772) 7,388 - 12,499
Westfield House Endowment xviii 123,150 8,727 - - - 131,877
Glen Zweck Scholarship Fund xix 79,667 3,564 - - - 83,231
ELCE Retreat xx 1,597 4,734 (4,480) - - 1,851
Lutheran Women's League of Great
Britain xxi 200 - - - - 200
Good Shepherd Property Fund xxii 66,130 - - - (66,130) -
Westfield House Operating Fund xxiii 145,316 359,876 (372,595) - (2,250) 130,347
Westfield House Building Fund xxiv 40,535 52,792 - 27,845 - 121,172
Furlough fund ii 1,812 1,680 (1,194) - - 2,298
Westfield House Organ Fund xxv - 50,000 - - - 50,000
487,055 502,169 (399,165) 39,923 (68,380) 561,602
Total Funds 7,743,760 1,232,058 (1,107,460) - - 7,868,358
----- End of picture text -----

23

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. STATEMENT OF FUNDS (CONTINUED)

Designated Funds:

Restricted Funds:

xvii[This fund was set up for donations given specifically towards the costs of the Lutheran Radio UK.]

24

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. STATEMENT OF FUNDS (CONTINUED)

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due after more than one year		 Unrestricted
Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
33,992
6,629,543
6,663,535
7,576,251
(6,067,941)
1,508,310
(199,533)
-
(199,533)
(103,954)
-
(103,954)
7,306,756
561,602
7,868,358		 Total
funds
2024
£
6,663,096
1,373,647
(170,524)
(122,459)
7,743,760

18. OPERATING LEASE COMMITMENTS

At 31 March 2025 the total of the charity's future minimum lease payments under non-cancellable operating leases was:

Equipment
Less than one year
Between one and five years
Operating lease charges for the period:
Hire of plant & machinery		 Total
2025
£
608
1,776
2,384
740
740		 Total
2024
£
1,377
584
1,961
2,889
2,889

19. CONTINGENT LIABILTY

The Church has agreed to meet the liabilities of the Evangelical Lutheran Church of England Trust Limited in the event that the company is unable to meet them itself.

25

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

20. TRANSACTIONS WITH CONNECTED CHARITY

The Charity is connected to the Evangelical Lutheran Church of England Trust Limited, which acts as custodian for properties owned by the Church, which is the beneficial owner. Both the Church and the Trust have as their objectives the spread of the Gospel. The Executive Council of the Church are the Trustees of the Church and also the Directors of the charitable company, acting on behalf of the member congregations of the charitable company who are represented by the pastoral and lay delegates who attend the annual meeting of the charitable company held in conjunction with the annual synod of the Evangelical Lutheran Church of England Trust Limited. As at 31 March 2025 member congregations of the Church owed the charitable company £206,156 (2024: £218,111).

During the year ELCE Church donated £26,250 to the Trust. At 31st March 2025, the Evangelical Lutheran Church of England Trust owed ELCE Church £nil (2024: £89,944).

21. CONTROLLING PARTY

The Charity is controlled by its members, who make up the Synod of the Evangelical Lutheran Church of England.

22. STATUS OF CONGEGATIONS

Following further advice from the Charity Commission, the Executive Council have been advised that member congregations are not subsidiaries of the Evangelical Lutheran Church of England, but are autonomous bodies in membership of the Evangelical Lutheran Church of England. A Church wide consultation in response to this advice is underway and in the interim, as in previous years, these accounts have been prepared on a line by line consolidation basis, as if the congregations and Westfield House are subsidiaries of the Church.

26

Docusign Envelope ID: 0DC9FE4C-DAE1-46A3-B9EC-929E80B71A8E

THE EVANGELICAL LUTHERAN CHURCH OF ENGLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

23. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES (AS RESTATED)

Income from:
Donations and legacies
Charitable activities
Other activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net expenditure before investment gains/losses
Net (expenditure)/Income before transfers
Transfers between funds
Net movement in funds
Fund balances brought forward
Prior year adjustment
Fund balances brought forward as restated
Total funds carried forward
Net realised and unrealised gains/(losses)
on investments		 Unrestricted
Restricted
Total
funds
funds
funds
2024
2024
2024
£
£
£
253,492
38,673
292,165
71,658
337,865
409,523
363,608
12,904
376,512
2,396
9,451
11,847
691,154
398,893
1,090,047
667,212
402,313
1,069,525
667,212
402,313
1,069,525
23,942
(3,420)
20,522
-
-
-
23,942
(3,420)
20,522
130,974
(130,974)
-
154,916
(134,394)
20,522
7,101,039
621,449
7,722,488
750
-
750
7,101,789
621,449
7,723,238
7,256,705
487,055
7,743,760

All activities relate to continuing operations.

27