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2025-09-30-accounts

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025

Contents Pages
Legal and Administrative Details 1
Trustees Report 2-3
Independent Examiners Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7-11
Budget for 2025/26 12

Registered Charity Number 255941

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE LEGAL AND ADMINISTRATIVE DETAILS AT 30 SEPTEMBER 2025

Page 1

PRESIDENT

Mrs J Harmer

PROPERTY TRUSTEES

Mrs J Harmer J S Penrose P Snell

EXECUTIVE BOARD

Mrs E Hutchison Mrs S Parker J S Penrose

CLERK

Mrs C A Penrose

INDEPENDENT EXAMINER

Mrs K High ACA 556 Loose Road Loose, Maidstone Kent, ME15 9UR

BANKERS

Santander UK Plc. Bridle Road, Bootle Merseyside, L30 4GB

Close Brothers Ltd 10 Crown Place London EC2A 4FT

SOLICITORS

Whitehead Monckton 5 Eclipse Park Sittingbourne Road Maidstone Kent, ME14 3EN

NatWest 3 High Street, Maidstone Kent, ME14 1HJ

United Trust Bank Ltd One Ropemaker Street London EC2Y 9AW

STOCKBROKERS

Hargreaves Lansdown 1 College Square South Anchor Road Bristol, BS1 5HL

CHURCH ADDRESS

Vinters Road Maidstone

Kent, ME14 5DX

Telephone (01622) 685830 Email: csmaidstone@gmail.com Web site: csmaidstone.co.uk

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE TRUSTEES' REPORT

Page 2

The Trustees are pleased to present their report and the financial statements of the charity for the year ended 30th September 2025.

Structure, Governance and Management

Governing Document

Christian Science Society, Maidstone is governed by By-laws which were last revised in 2007 and approved by the Members at a meeting on 16 July 2007. The By-laws can be amended at a Members' meeting by a two-thirds' majority vote by ballot of the total membership of the charity. The Society is an unincorporated charity registered with The Charity Commissioners in England and Wales with registration number 255941.

Organisational Structure

The Society is managed by an Executive Board who are elected annually at the AGM in January. The Board meet on a regular basis as required and report to the members at each quarterly Members' meeting. The Church's freehold property and investments are held by Trustees who are appointed by the members in general meeting.

Risk Management

The Board have identified the major risks to which they believe the charity is exposed and these are reviewed from time to time to ensure systems are established to mitigate such risks.

Objects, Activities, Achievements and Performance for the public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Church's aims and objectives and in planning future activities.

Charitable Objects

The principal objectives of the Society are to spread the understanding of Truth as set forth in the Bible and interpreted in "Science and Health with Key to the Scriptures" by Mary Baker Eddy, the discoverer and founder of Christian Science.

Review of activities

Sunday services together with Wednesday testimony meetings on the first Wednesday of each month were held throughout the year. In addition, a Thanksgiving service was held on Saturday 9th November 2024. Our Reading Room was open to the public on Saturdays and prior to the Wednesday testimony meetings and our Reading Group held meetings on the second Saturday of each month throughout the year. We again took part in the Kent Churches sponsored "Ride and Stride" which this year took place on 13th September 2025. During the year we continued our involvement in the Maidstone Inter-Faith Network having at least one representative at most of their meetings some of which were held via Zoom.

Financial Review

The accounts have been prepared in accordance with the Statement of Recommended Practice (Accounting and Reporting by Charities) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2019) and known as the Charities SORP (FRS 102), and the Charities Act 2011.

Total income for the year amounted to £58,647 an increase of £6,921 on the previous year's figure of £51,726. This increase was mainly due to an increase of £4,276 in investment income as a result of higher deposit interest rates and an increase in room hire income of £2,066.

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE TRUSTEES' REPORT (Continued)

Page 3

Financial Review (continued)

Total expenditure during the year at £27,064 was just £166 up on the previous year's figure of £26,898.

The net income for the year before unrealised net investment gains amounted to £31,583 as compared to £24,828 in 2023/24. After adding the net unrealised investment gains during the year of £33,486 (2023/24 gains of £23,933), the net movement in funds for the year amounted to £65,069 as compared to £48,761 in 2023/24.

Reserves

The Society's policy with regard to its free reserves is to maintain these at a sufficient level to ensure that it can continue to meet its objectives in the community in which it operates for the foreseeable future.

Trustees

The Charity Trustees (Members of the Executive Board) and the Property Trustees who served during the financial year and at the date of this report were as follows:

Executive Board: Mrs J Harmer (Retired 15 February 2025) Mrs E Hutchison (Appointed 15 February 2025) Mrs S Parker (Appointed 15 February 2025) J S Penrose P Snell (Retired 15 February 2025) Property Trustees: Mrs J Harmer J S Penrose P Snell

Trustees' responsibilities in relation to the financial statements

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the By-laws. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 28 December 2025 and signed on their behalf by:

J S Penrose Trustee

CHIUSTIAN SCIENCE SOCIETY, MAIDSTONE Page 4 SOCIETY. MAIDSTONE. (CHARrrY NUMBER 255941) I report to the Tntstees on the accounts of thc Society for the ycar cnded 30 September 2025 which comprise the Statement of Financial Activftties, the B￿ance Sheet and related notcs set out on pages 5 to l l. Responsibilities and basis of report As the clwity's trustees, you are responsible for the preparation of the accounts in accordance with the requiranents of the Charities Act 2011 ('%he Act"). I report in respect of my examination of the Society's accounts carried out under section 145 of the 2011 Act and in carrying out my examinatiory I have followed all the applicablc Directions given by the Charity Commission under section 145(5Xb) of the Act. IndepeDdent examiner's st4temeDt I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination which give me reasonable ¢aus¢ to believe that in any material respect: the accounting records were not kcpt in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the fonn and content 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 &s part of an independent examination. I have no concems and have come across no other matters in connection with the exaMI￿tion to which attention should be drawn in this re￿rt in order lo enable a proper understanding of the accounts to be reach Kathy HighACA 556 Loose Rorf Loos Maidstone, KenL ME15 9UR 23 February 2026

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE STATEMENT OF FINANCIAL ACTIVITIES

Page 5

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

Unrestricted
2025
Building and
Reading
General
Maintenance
Charity
Room
Note
Fund
Fund
Fund
Fund
Total
Income From:
£
£
£
£
£
Donations and collections
2
3,543
-
178
14
3,735
Charitable activities
3
5,088
960
6,048
Investment income
4
17,556
28,849
46,405
Other income
5
2,347
112
2,459
Total income
28,534
28,961
178
974
58,647
Expenditure On:
Raising funds-Hargreaves Lansdown account charges
418
568
986
Charitable activities
6
6,401
16,569
1,058
24,028
Grants and donations payable
7
1,530
170
1,700
Governance cost: Independent Examiners fees
350
350
Total expenditure
8,699
17,137
170
1,058
27,064
Net income before investment gains and losses
19,835
11,824
8
(84)
31,583
Investment gains: Unrealised
9
13,921
19,565
33,486
Net movement in funds
33,756
31,389
8
(84)
65,069
Total funds brought forward at 1 October 2024
417,743
951,880
103
168
1,369,894
Total funds carried forward at 30 September 2025
451,499
983,269
111
84
1,434,963
---------------Restricted Funds--------------
2024
£
3,548
3,947
42,129
2,102
51,726
930
23,903
1,750
315
26,898
24,828
23,933
48,761
1,321,133
1,369,894

The annexed notes form part of these financial statements

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE BALANCE SHEET AT 30TH SEPTEMBER 2025

Page 6

HRISTIAN SCIENCE SOCIETY, MAIDSTONE
ALANCE SHEET AT 30TH SEPTEMBER 2025
Page 6
Note
FIXED ASSETS
Tangible Assets
8
Investments
9
Term Deposits repayable after more than a year
CURRENT ASSETS
Stocks for own use
1d)
Income Tax Recoverable
Debtors and Prepayments
Accrued Income
Term Deposits repayable within a year
Hargreaves Lansdown Income & Capital Accounts
Cash at Bank and in hand
LESS CURRENT LIABILITIES
Creditors
NET CURRENT ASSETS
TOTAL NET ASSETS
REPRESENTED BY:
The funds of the charity:
Unrestricted
Restricted
TOTAL CHARITY FUNDS
Note Unrestricted
2025
Building and
Reading
General
Maintenance Charity
Room
Fund
Fund
Fund
Fund
Total
£
£
£
£
£
223,956
223,956
285,337
245,452
530,789
285,337
469,408
-
-
754,745
13,506
391,494
405,000
121
121
677
35
712
1,446
604
2,050
2,704
9,505
12,209
144,545
110,455
255,000
1,332
1,809
3,141
2,947
1,135
76
353
4,511
153,651
123,508
111
474
277,744
995
1,141
390
2,526
152,656
122,367
111
84
275,218
451,499
983,269
111
84
1,434,963
451,499
451,499
983,269
111
84
983,464
451,499
983,269
111
84
1,434,963
--------------Restricted Funds--------------
2024
£
234,531
497,115
Building and
General
Maintenance
Fund
Fund
£
£
223,956
285,337
245,452
285,337
469,408
13,506
391,494
677
1,446
604
2,704
9,505
144,545
110,455
1,332
1,809
2,947
1,135
153,651
123,508
995
1,141
152,656
122,367
451,499
983,269
451,499
983,269
451,499
983,269
Charity
Fund
£
-
35
76
111
111
111
111
111
Reading
Room
Fund
£
-
121
353
474
390
84
84
84
84
731,646
338,000
125
699
1,606
11,060
280,000
3,397
5,972
302,859
2,611
300,248
1,369,894
417,743
952,151
1,369,894

These financial statements were approved by the Board on 28th December 2025 and signed on their behalf by:

Mrs E Hutchison

J S Penrose Trustee

Trustee

The annexed notes form part of these financial statements

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025

Page 7

1. ACCOUNTING POLICIES

a) Basis of preparation of the 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 (FRS102) (effective 1 January 2019), the Charities SORP (FRS102).

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). Donated assets are included at their estimated market value.

b) Fund accounting

Funds held by the charity are either:

Unrestricted general fund: These are funds which can be used in accordance with the charitable objects at the discretion of Trustees and the Members.

Restricted funds: These are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

c) Depreciation

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost of each asset evenly over its estimated useful life as follows:

set evenly over its estimated useful life as follows:
Church Building 50 years
Furniture, Fixtures, Fittings and Equipment 10 years
Computer Equipment 5 years
Solar Panels 25 years

d) Stocks

Stocks of Reading Room books and literature for resale are written off in the year of purchase. Other stocks have been valued at the lower of cost or net realisable value.

e) Fixed asset investments

Investments are re-valued to market value at 30th September each year and the unrealised gains or losses are shown in the Statement of Financial Activities.

f) Income

Grants, donations and legacies are accounted for when their receipt is reasonably certain. All other income is included on an accruals basis.

g) Expenditure

Expenditure is provided for on an accruals basis.

Charitable activities include expenditure associated with the promotion of the charity's objectives and include both direct costs and support costs relating to these activities.

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

h) Irrecoverable VAT

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

i) Volunteers

The charity relies for support on unpaid volunteers. The value of the volunteers time is not included in the SOFA.

2. Donations and collections received
Collections
Donations Under Gift Aid
Other Donations
Income Tax Recoverable under Gift Aid & GASDS
Kent Churches sponsored walk
General Building and Charity
Fund
Maintenance
Fund
£
Fund
£
1,767
939
100
42
677
36
160
3,543
-
178
Reading
Room
Fund
£
14
14
2025
Total
£
1,767
1,039
56
713
160
3,735
2024
Total
£
1,813
951
35
699
50
3,548

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE Page 8 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (Continued)

Note
3. Income from charitable activities
Room hire
Sales of literature and books etc.
4. Investment income
Interest received
Dividend Income
9
5. Other income
Solar feed in tariff
Hargreaves Lansdown loyalty bonus
6. Costs of charitable activities
Advertising
Cost of sales of reading room stock
Depreciation
8
Establishment Costs:
Cleaning
Garden Costs
Heat and Light
Insurance
Repairs and Maintenance
Water and Sewerage Rates
Honoraria
13
Organists & Soloists Fees & Music
Printing, Postage and Stationery
COP Pro Rata Contributions
Quarterlies, Books and CDs
Sundry
Telephone and Internet
Building and
General
Maintenance
Fund
Fund
£
£
5,088
5,088
-
6,390
17,159
11,166
11,690
17,556
28,849
2,264
83
112
2,347
112
440
10,575
1,410
2,872
1,620
1,307
405
348
1,849
696
95
123
442
395
393
6,401
16,569
Reading
Room
£
960
960
-
-
1,009
49
1,058
2025
Total
£
5,088
960
6,048
23,549
22,856
46,405
2,264
195
2,459
440
1,009
10,575
1,410
2,872
1,620
1,307
405
348
1,849
696
144
123
442
395
393
24,028
2024
Total
£
3,022
925
3,947
19,026
23,103
42,129
1,921
181
2,102
445
1,039
10,536
969
1,135
1,590
1,230
3,198
207
1,759
571
160
102
368
328
266
23,903

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE

Page 9

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (Continued)

7. Grants and donations payable
Joint CSRRUK
Pension Trust for CS Nurses
Maidstone Christian Care Day Centre
CS Prison Chaplains Committee
8. Tangible fixed assets
Cost
At 1st October 2024
Additions
At 30th September 2025
Depreciation
At 1st October 2024
Charge for the year
At 30th September 2025
Written Down Value at 30th September 2025
Written Down Value at 30th September 2024
2025
General
Charity
Fund
Fund
Total
£
£
£
30
70
100
-
-
1,500
1,500
100
100
1,530
170
1,700
Freehold Land
and Buildings
and Equipment
Total
£
£
£
538,123
47,650
585,773
-
538,123
47,650
585,773
311,950
39,292
351,242
9,803
772
10,575
321,753
40,064
361,817
216,370
7,586
223,956
226,173
8,358
234,531
Furniture, Fixtures
2024
Total
£
-
500
1,250
-
1,750
Total
585,239
534
585,773
340,706
10,536
351,242
234,531

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE

Page 10

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (Continued)

9. Fixed asset investments
Holding
30/09/24
Unquoted Investments
Kentstone Properties Ltd
Ordinary shares of 50p
33,500
Quoted Investments
Lloyds Banking Group
Ordinary shares of 10p
2,649
abrdn UK Income Equity
Class K Income units
8,369.360
Artemis Income
Class 1 Income units
4,286.51
Aviva Investors UK Listed Equity
Class 2 Income units
7,031.36
Aviva plc.
Ordinary shares of 25p
4,515
BP plc.
Ordinary shares of US$0.25
4,000
City of London Investment Trust
Ordinary shares of 25p
2,500
CT UK Equity Income
Class L Income units
11,299.780
Class L Income units
5,822.751
EdenTree Responsible & Sustainable managed
Class B Income units
7,627.765
Edinburgh Investment Trust plc.
Ordinary shares of 25p
1,950
HL High Income
Class A Income units
20,234.057
HL UK Income Fund
Class A Income units
21,303.792
HL Select UK Income
Income units
10,380.623
IFSL Marlborough Multi Cap Income
Class P Income units
21,033.713
Class P Income units
7,081.651
J O Hambro UK Equity
Class Y Income units
23,455.775
Janus Henderson Asian Dividend
Class 1 Income units
15,245.69
Legal & General Group plc.
Ordinary shares of 2.5p
10,900
Lloyds Banking Group
Ordinary shares of 10p
7,351
Merchants Trust plc.
Ordinary shares of 25p
4,170
Sainsbury(J) plc.
Ordinary shares of 28,4/7p
5,100
Shell plc.
Ordinary shares of €0.07
900
Tesco plc.
Ordinary shares of 6.333p
4,342
Verizon Communications Inc
Com Stock of US$0.10
264
Vodafone Group plc.
Ordinary shares of US$0.20
5,478
Total
General Fund
Building and Maintenance Fund
9. Fixed asset investments
Holding
30/09/24
Unquoted Investments
Kentstone Properties Ltd
Ordinary shares of 50p
33,500
Quoted Investments
Lloyds Banking Group
Ordinary shares of 10p
2,649
abrdn UK Income Equity
Class K Income units
8,369.360
Artemis Income
Class 1 Income units
4,286.51
Aviva Investors UK Listed Equity
Class 2 Income units
7,031.36
Aviva plc.
Ordinary shares of 25p
4,515
BP plc.
Ordinary shares of US$0.25
4,000
City of London Investment Trust
Ordinary shares of 25p
2,500
CT UK Equity Income
Class L Income units
11,299.780
Class L Income units
5,822.751
EdenTree Responsible & Sustainable managed
Class B Income units
7,627.765
Edinburgh Investment Trust plc.
Ordinary shares of 25p
1,950
HL High Income
Class A Income units
20,234.057
HL UK Income Fund
Class A Income units
21,303.792
HL Select UK Income
Income units
10,380.623
IFSL Marlborough Multi Cap Income
Class P Income units
21,033.713
Class P Income units
7,081.651
J O Hambro UK Equity
Class Y Income units
23,455.775
Janus Henderson Asian Dividend
Class 1 Income units
15,245.69
Legal & General Group plc.
Ordinary shares of 2.5p
10,900
Lloyds Banking Group
Ordinary shares of 10p
7,351
Merchants Trust plc.
Ordinary shares of 25p
4,170
Sainsbury(J) plc.
Ordinary shares of 28,4/7p
5,100
Shell plc.
Ordinary shares of €0.07
900
Tesco plc.
Ordinary shares of 6.333p
4,342
Verizon Communications Inc
Com Stock of US$0.10
264
Vodafone Group plc.
Ordinary shares of US$0.20
5,478
Total
General Fund
Building and Maintenance Fund
Original
Cost
£
67,000
1,347
19,771
9,885
9,924
14,998
19,221
10,589
20,111
9,974
9,893
14,901
20,757
19,869
10,477
30,210
9,901
29,939
19,837
19,903
5,104
20,066
19,618
20,436
20,071
6,328
11,166
Market Value
30/09/24
Quantity
Cost
£
£
95,475
1,560
10,129
12,263
11,105
21,812
15,686
10,950
24,203
78.5779
172.16
12,472
10,397
14,586
19,928
21,302
9,757
28,785
11.976
15.60
9,691
33,378
14,758
24,601
4,328
24,394
15,096
21,874
15,596
8,865
4,124
497,115
188
271,352
65
225,763
123
Additions/(Disposals)
Market Value
30/09/24
Quantity
Cost
£
£
95,475
1,560
10,129
12,263
11,105
21,812
15,686
10,950
24,203
78.5779
172.16
12,472
10,397
14,586
19,928
21,302
9,757
28,785
11.976
15.60
9,691
33,378
14,758
24,601
4,328
24,394
15,096
21,874
15,596
8,865
4,124
497,115
188
271,352
65
225,763
123
Additions/(Disposals)
Market Value
30/09/24
Quantity
Cost
£
£
95,475
1,560
10,129
12,263
11,105
21,812
15,686
10,950
24,203
78.5779
172.16
12,472
10,397
14,586
19,928
21,302
9,757
28,785
11.976
15.60
9,691
33,378
14,758
24,601
4,328
24,394
15,096
21,874
15,596
8,865
4,124
497,115
188
271,352
65
225,763
123
Additions/(Disposals)
Market Value
30/09/24
Quantity
Cost
£
£
95,475
1,560
10,129
12,263
11,105
21,812
15,686
10,950
24,203
78.5779
172.16
12,472
10,397
14,586
19,928
21,302
9,757
28,785
11.976
15.60
9,691
33,378
14,758
24,601
4,328
24,394
15,096
21,874
15,596
8,865
4,124
497,115
188
271,352
65
225,763
123
Additions/(Disposals)
Holding
30/09/25
Market Value
30/09/25
£
95,475
2,216
9936
13911
12017
30973
17,050
12650
25723
13163

10778
15,561
20442
22678
10076
26938
9065
36826
16,282
25,964
6,150
23,269
17,095
23,832
19374
8,623
4722
Unrealised
Gain/(Loss)
£
-
656
(193)
1,648
912
9,161
1,364
1,700
1,348
691
381
975
514
1,376
319
(1,862)
(626)
3,448
1,524
1,363
1,822
(1,125)
1,999
1,958
3,778
(242)
598
Income
inyear
£
2,680
88
381
464
433
1,612
983
532
910
466
444
562
825
784
382
1,370
461
1,720
1,021
2,338
245
1,218
694
971
595
463
214
Income %
on cost
78.5779
11.976
33,500
2,649
8,369.360
4,286.51
7,031.36
4,515
4,000
2,500
11,378.358
5,822.751
7,627.765
1,950
20,234.057
21,303.792
10,380.623
21,045.689
7,081.651
23,455.775
15,245.69
10,900
7,351
4,170
5,100
900
4,342
264
5,478
4.00%
6.53%
1.93%
4.69%
4.36%
10.75%
5.11%
5.02%
4.52%
4.67%
4.49%
3.77%
3.97%
3.95%
3.65%
4.53%
4.66%
5.75%
5.15%
11.75%
4.80%
6.07%
3.54%
4.75%
2.96%
7.32%
1.92%
4.85%
471,296 497,115 188 530,789 33,486 22,856
271,352
225,763
65
123
285,337
245,452
13,921
19,565
11,166
11,690

The shares in Kentstone Properties Ltd have been valued at the year end at the average price at which shares had changed hands during the company's accounting period ended 31 March 2025

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE

Page 11

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (Continued)

10. Statement of Cash Flows
Note
2025
£
Net cash generated/(used) in operating activities
11
(4,785)
Cash flows from investing activities:
Dividends and interest received
45,256
Purchase of fixed asset investments
(188)
Purchase of tangible fixed asset
-
Decrease/(Increase) in term deposits (over 3 months to maturity)
(167,000)
Net cash provided by/(used in) investing activities
(121,932)
Changes in cash and cash equivalents in the year
(126,717)
Cash and cash equivalents at the beginning of the year
12
134,369
Cash and cash equivalents at the end of the year
12
7,652
11. Reconciliation of net movement in funds to net cash flow from operating activities
Net movement in funds
65,069
Adjustments for:
Depreciation
10,575
Dividends and interest received
(46,405)
Unrealised (gains)/losses
(33,486)
(Increase)/Decrease in stock
4
(Increase)/Decrease in debtors and prepayments
(457)
Increase/(Decrease) in creditors
(85)
Net cash generated/(used) in operating activities
(4,785)
12. Analysis of cash and cash equivalents
Term deposits (within 3 months to maturity)
-
Hargreaves Lansdown Cash Accounts repayable on demand
3,141
Cash at bank and in hand
4,511
7,652
2024
£
(7,471)
41,129
(194)
(534)
90,000
130,401
122,930
11,439
134,369
48,761
10,536
(42,129)
(23,933)
6
(817)
105
(7,471)
125,000
3,397
5,972
134,369

13. Trustees remuneration

None of the Trustees received any remuneration in respect of their office as a Trustee.

During the year to 30th September 2025 Mrs E Hutchison was paid £595 for cleaning services (2023/24 £570), Mr J S Penrose was paid a total of £1,480 for gardening services, cleaning and general repairs and maintenance (2023/24 £1,127) and Mrs C Penrose was paid a total of £280 for cleaning services and gardening (2023/24 £271)

Officers, including Trustees and Members are paid an honoraria to cover their expenses in performing their duties. The total amounts paid during the year for the duties shown were:

Clerk
Mrs C Penrose
Deputy readers:
Mrs J Harmer
Mrs E Hutchison
Mrs S Parker
Mrs C Penrose
Mr J Penrose
Librarian
Mrs C Penrose
Treasurer
Mrs C Penrose
2025
£
325
135
157
72
400
204
225
225
1,743
2024
£
325
230
114
90
376
174
225
225
1,759

CHRISTIAN SCIENCE SOCIETY, MAIDSTONE BUDGET FOR 2025/26

Page 12

Income from:
Donations & Collections
Westminster Fund Grant
Income Tax Recoverable
Charitable activities
Room Hire
Sales of literature and books etc.
Investment income
Deposit interest
Dividend Income
Other income
Solar Feed in Tariff
Hargreaves Lansdown loyalty bonuses
Total income
Expenditure
Advertising
Cost of sales of reading room stock
Depreciation
Establishment Costs:
Cleaning
Garden Costs
Heat and Light
Insurance
Lecture
Repairs and Maintenance
Water and Sewerage Rates
Hargreaves Lansdown account charges
Honoraria
Organists' & Soloist's Fees & Music
Printing, Postage and Stationery
Quarterlies, Books and CDs
Sundry
Telephone and Internet
COP Pro Rata Contributions
Grants and donations payable
Independent Examiners fees
Total resources expended
Net income
Building and
General
Maintenance
Fund
Fund
£
£
2,750
5,000
688
2,872
6,700
18,185
11,000
11,000
2,200
80
120
26,290
34,305
500
11,265
1,200
1,100
1,600
1,400
-
1,000
400
425
575
2,174
732
200
480
400
425
160
3,000
360
10,856
16,540
15,434
17,765
Charity
Fund
£
160
40
200
150
150
50
Reading
Room
Fund
£
960
960
1,100
50
(300)
850
110
Total
£
2,910
5,000
728
2,872
960
24,885
22,000
2,200
200
61,755
500
1,100
11,265
1,200
1,100
1,600
1,400
-
1,000
400
1,000
2,174
732
250
480
400
425
160
2,850
360
28,396
33,359