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:
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
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 Bance 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 exaMItion to which attention should be drawn in this rert 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 |