The Society for Advancing the Christian Faith Report and Financial Statements for the year ended 31 March 2025
The Society for Advancing the Christian Faith Report and Financial Statements for the year ended 31 March 2025 io 11 12-14
Governors, Officers, Advisers and Auditors 13ov•rnw• Tho Rèvw•nd Dèvkj P•th• Ilr. Jthn ¥•Èrnt4ry •nd Il•n•gw cO¢tAddffl 68t Pl ChTIty R•gtr•llon Numb•r 257 Solttorn SW1P 31r 8S11 eyu
Governors, Report Prfnctpal actmty out In th8 Charths Act 2011 ethfirm thal r8l•Thoa to the tained in the Charity In¢ominq r•acMJrces ferthe yw¥e É70.882 12024. £T1249). Charftawg donatiom maoe kn the year oyttlnue ts charrtablp aL¥eS. RMw¥8 Pollcy The $01 olth¥ SocW5 illGome Is d•Ar} from llWènnt Income. Th# Grnor$ that 18 de8trth. so fw as Fwbb, to mamitsin th8 abity LalIt ¢strJutn. In orderto prov36 trug $taiMlity it18 ther poliwto rel), in rE5erve. a le1 lo enab drylrtbutiorts to ectIn The total arnount wl?ble foriwttabie dlsti1tth 4tth8 w#J ofth• yo¥ ¥M8 £21.859 (2024. £54,803). Sefv. The Gover(M oftr So• atth• •)d c1ts at ts d&• thes• finandal *toments are ststed pa9e 2.
Governors, Report - continued Mr.JthT
The Society The w85 in 1891 ret¢thJ ra Chari lll 1794. wb8•wty amenthj by Aoyal Chartor kn 1836 0Thl a Chknrn 1952. So(iWs (s'Thg &for th& Ch8 Fath Ytlhe WaBt-kn14115knts and 01¥o+&e Iho Okwe or Ewand v88ldortin lh¢ Britssh W¢$14nth arKl%layriliu• lor kn wrpDW rfadvn9 th? Chrisii#n Fath knal partsolthe Provkn( ofltswest Inos Ib&DIDSon ofUadagasr•r 8ThJ Statement of Govemors, Responsibilities for each fin8Thl a tru8 and lr¥woflh8 8iat• Lrfblg and gfthe rp and lo onwre Ihai thefinaNI siawis Char*e¥kl3)11. Chanthes
Independent Auditors, Report to the Governors of The Soclety for Advancing the Chrlstian Faith Qplnlon We ha¥e audSted thè financbal statements of The Ciety for Athonc5n8 the Christsan Fatth (the 'SocFety'i for the year ended 31. March 2025 whi¢h romprise the Statement of Flnanclal ActltIeS the Balance Sheet and the Notes to the Financial Ststement% includin8 5i8nlficant accountln8 polkie& The financial reportAn8 frarnew4rk that has been applied in thelr pparath)n L4 applicable law and United Klngdom Accountiry Standards. includin8 anCIal Reporti Standard 102 The Financial ReportSn8 Standard applicable In the UK and Republic of Ireland Iunlted Klngdom Genernl Accepted Accountlng Prattieel. In our oplnion the financial stjttments: 85ve a true and fair view of the state of the Sodety'5 èffalrs a5 at 31° Marth 2025. and of Its Incoming resources and applicatk)n of weUr¢eS. Indud1 Its Income and exp?qdItU. ftK the r then ended,. have been propertr prepared in ac0Ydare 7*1th Unlted Generalty Acceptèd Accounting Praciice.. and have been prepared ift accordan with the requlrements of the Charities Act 2011. Oaslg for opinlon We conducted our atMIIt In acran(¥ v4lth Intemath>nal stsndards on Audltlng IUKI115As {UK}l and applicable law. Our responslbililies undw th0 Stsndar(Is are further descrlbèd In the audltor responsibilitles for the audit of the financlal Statements secthjn of our rèport We are independent of the tharity In accordance with the ethical reqU1MentS that are leVant to our audlt of the financlal statements In the UK. includln8 the FRC'S EthKal stalaT, and hawè fvlfilled our other ethlcal responsibilttE5 In accordance with these requirements. We Ixlie¥e that t audlt len we h ObtaIr is sufficient and appropriate to provide a basis for our opinion. Concluslon$ relatlng togDln8 ttyKern In aud4tJn8 the f(naneial 5Mernents, w¢ Condjed that the Go¥enN)r< use ofthe got CotM basls of accounting In the preparation of the financial statements is 4pproprlate. Based on t work have perfoed. we not Identllled ary materfal unortaintie5 relaun8 to ertts or condlttons that, Indlvidually or collectivety. may ast signfficant doubt on the Soclety's ablllty to continue as a going concern for a perw)d of at leaA tree montlb from when the financial statements a authorised for issue. Our SponsibHitles and the respmsibilliies of thè G1Ths with respect to goiw ColEM a descrfbed In the leVant3¢¢t1onS of thi5 reporL oth¢r Informatlo The other Informatlon comprlses tfve Inforniatth Induded In the Goverrnrs. anrtual reporL other than the flnandal statements and our audltorfs port theon. fv Go¥ernor5 are re5ponslble for the other Information. Our oplnk>n on the financial Statements does not frnr the other Inf0mtIon and we do not Èxpressany forni of as9Jrance condusion thereon. Condnued •)n p•p 7_--
Independent Auditorfs Report to the Governors of The Society for Advancing the Christian Faith (continued) Our respon51bllity Is to read the other information and. In doing so. consider whether the other knfoTmation is malerlally inconsistent wlth the financijl 5tatÈments or our knowled8e obtained In the urse of the audit or othenvlse appears to be materialty misstated. If we identify such material Inconsistentie5 Qr apparent material misstatèments. a requlred to tteteMii whether thls 8ives rise to a material rnlsstatement In the financial ststements themselves. 1£ based on the work we have performed, we conclude that there is * material misstatement of thls other Inforniation. VIP ale reoulred to report thatfact. We have nothi to port In th55 regard. Matters on whlch T requlr•d to rep(vt W exept We have nothing to report in respect of the folbowiTra mattef5 in relatwjn to which the Charities (Accounts and Reports) Regulations 2(X>8 requi u5 to reportto you rf. In our opinion: the informatlon 6lven In the Governors, retK)rt is Iron5i5tent in arry m¥terlal 5[ct with the financial siatements. or • 5ufflcient accounti records have not been kept: or the finoncvdl statements are Th)t in a8reement with tr account1 reo)rds; or we not recei1 all the infonnation and explarwtlons we requlre for our •udlt. As explained MO fully in the Governo, responsibilities ststement (set out on pa8e Sl. the Goverrsors are responsible for the preparatbn of the finandal statements and for belng satisfied that they 8lve a truè aNI fair view. and for such intemal contml as the Governors determine Is necessary to enabl¢ the preparatlon of flnanclal st•tements that are free from materfal mlsstatemenL whthei due to fraud or erTQT. In preparing the financial staiements. the Governors are fesponslble for assessi the Soclotys ability lo contlnue a5 a going toncern. disclosln& as appllcable. mattefs related t9 8oinÈ ncern and us+n8 the gotng concern basls of aCCourrtl unles5 the Governof5 elther Intend to Ilquldate the Soclety or to ase operatlon¥ or no realisticalternati¥e but to do so. AKlltor responslblllllesforthe audtt olth• fina•11 statOM We have been appolnted as audw under sethion 1443 of the Charities Art 2011 and report in at(rJrdan wlth the Att and relèvant gulationS made or havlng effert tr*Vder. Our objettive5 are to obtstn reayjnable asSUfancÈ about whether the financial ststements a5 whole are fvee from mtyteriol mlsststement. whether due to fraud or erroT, and to tssue an audltor'5 report that includes our opTrn?Dn. Rea)fiable assurance is a hlgh level of assurance. but Is mt a guarantee tt an alIt cond%e In accordance wtth N5 IUKI will always detect a rnateriol mlsstatement when it exlsts. Mlsslatements can arfise from fraud or efror and are considered material If, indfvidually or In the aggregate. could reasonably be expected zo Infiuence the economic decislons of users tsken on the basls of these finandal ststement
Independent Auditor's Report to the Governors of
The Society for Advancing the Christian Faith
(continued)
Irre8ularitie5. Includ1 frawj, are Instances of noncompliance wth laws and regulations. We de518n
procedures In Ilne with OUT reSnSIbIlItieS. outllned abo. to detect materlal mi5Statements in
respect of Irregulafliiel Intludin8 fraud. The extent to whlch our proodurES a capable of detecting
irresularities, indud1 fraud Is detsiled below:
obtslned an undefstaThth of the legal and reguLatory reouiremènts applitablt to the
Society ar+d considered that the most SnIfint are the Charitie5 Act 2011 and the Flnancial
RertIng Standards.
we obtained an understanding of how the )CIety complles Iwth these rtqulrements by
discussions with mana8ement and those thar8ed with goNt[nan.
we assessed the risk of material misstatement of the financial statements. Includi the rlsk of
materlal mlsstatement due to fraud and how It mleht txcur, IN holding discussions wlth
management ar)d those thaed with gtyemance.
we inquiréd of management and ttrse charEed with 8o¥ernance as to ary known Instanos of
n-cumpliarKe or 5U5pecied noTr(ompliance wlth Iow5 and TeEulatDns.
based on thts undeistsndin& we designed specific appropriate a81t procedurès to identify
instances of non-compliance with laws and 8ulatIon& Thls induded enquirles of
mana8ement and thosè ¢thar8ed v•lth 8oveTnance and obta1n1 additional [orrorative
evidence as rtyuifftd.
Because of the Inherent limitations of an audit. there is 4 th that we wlll not detect all irre8ularitles,
Including those leadlng to a materlal misstatement in the financial statements or non<omp141nce
with regulatton. This risk increases the morE thot cornpllance with a law ow regulation Is removed
from the events and tTrnsactions refletted In the financial statements. as we wlS1 be less likely to
become awarE of instances of nork
Independent Auditorfs Report to the Governors of The Society for Advanclng the Christian Faith (continued) of our report Thls report 15 made solely to tl So£ieifs Ga¥emor4 as a i, In #croan wlth Part 4 of t Charftles (Accounts ar Reports) Re8u]ations 20J8. Our audlt wort has been undertakeD so that v might state to the Socleiy's Govemots those matters we are required to state to them in an auditorf5 repjrt and for no other purpose. To the fullest permitred by law do not accept or assume 5ponsibillty To aryone irther than the Sotty and the S5 Governo as a for rAW audit ¥nrk. forthls rer( orfor the OPiAW)ns we have fom)ed. Sy8mo IS ryAudltor) I Sopwith Crescent Wl£kfDrd Essex Ssll 8YU D•te: 22 October 2025 Sygma Is eligible ft)r appointment as a*tOr of the Soclety by TArtue of hs elWblHty for appolntmelrt as auditor of a Cfmnpany ullder sectknn 1212 of CompaniesAtt 216.
Statement of Financial Activities F•r th• y•&r•nd•d Jt M•rsh 2025 2024 UnMStrFctud Ufireslmeted ldS 71.249 Totsl In¢oming Rwr¢•• 70.892 71.249 ExpendTrtU on chaTit8Ue 4¢ti¥iiiÈs Governance and adminisbation ¢x¥ts 99.26S 581 33,e04 5,462 103A31 39,06e Ilot kn¢tyninq I Il*dn9 for lh• y•ar {32W4) 31183 Oth•r Romgnisqd Galnj l {Lo8wl 78.123 187.7 199.889 R•¢onclllaOon olfun Tt)tsl lunts bToW foNHd 2.220,913 2.021.034 T•iil fund¥ c•Mod fm 2388.602 2,220,923 io
Balan Sheet A •131 IAarGh 2026 2024 FIMod As••l• Investrn•)ts 2344743 2.186,120 Totsl FIX A•wt• 2.244741 2.166,120 20,or#) 72.049 Coth barth ha 3gA79 91049 Uabllltl•B: anwtst4thrva Oje hin or ye {fjY.Izoi 137,246) 21J8• 2386.102 2,220,923 Thg FuD(kn afthè Soc* Idl LctyT8rfft cwal Fd W¢yking Capital 1244,74J 21159 2,16fj,120 2265.102 2220,923
Notes to the Financial Statements- continued 2024 00.502 IOA67 71.249 13235 Jw 248 6.5 33.079 Z.136
Notes to the Financial Statements - continued M•thtV8N•* i 3)24 11•4120 1.W414 167,71YS Z24(7 2.IfjS.1 IXd1XI 1J91,240 332 J7 TOMI 14