New Church UK The General Church of the New Jerusalem Council Ltd. Report and financial ststements for the year ended 5 April 2025 RegiSted Company No. 01023523 Registered Charity No. 263121
New Church UK Tho General chUh of tho Jèrusalem Councll Ltd. IA Comp8ny Ilrriled by Guarantee not having a Share Capilal) R8glsterFd Company No. 01023523. RlSle Cmrity Nc. 263121 R•gist•red 01kn.. 24 Pumbro. Storwsfield, ww. OxorL OX29 8QF Banker8.' BCY5 c. Hfjtchln Branch. In(knpwKlent Exanln•T: Ktty Grp)dlng FCA. REPORT OF DIR CTORS The Dlre¢tors presont thelr Report and financial $t•temwts for the yur gTrJod P Apr51223. Tho General Church of thè New Jerus81gm Coun¢ll Ltd was incorpcraled In 1971 under the Compani&s ACL It Is Umlted by Guarnniee wllhout Share Capltal and rggulation$ arè those $8t wt in Memorandum 8nd Mldos of Associalion. It ts 81x wi81ered a Choflty with tho Charity Commlsslon, Publlc Th8 Tru8tee5 confimi that Ihey havg rthred Gharlty Commlsslon'8 gukjance on publk b8n•fft5 when ng thg Charf8 alms and Objxtl8. Prind l Advlt Pol The Charitsble Company's prfncipal aCVitY Cf>ntlnued to be thé managern8nt of the flnandal affalrn of ts Goneral Church of thè Naw Jerusalem Sn Groat Britsln in ftJrtheran¢e of its objodlves to presonl. teach and maintaln the d¢xtrfnes of the New Jerusalem Church as contalned In th8 Th8ologi¢al Wrftlngs of Emanuel Swédent4Jrg. Th• Coundl's wlicy l¥ to m8lntain and accnM suffidont funds that will enable th1$ activty to be carrfgd on and exlend In the future- uslng an investmgnt oblectNe of maxlmising retums by way of divldends and interèst reeefv and long-temi catsl apwoGiallon. l¥tr. A Br11 1c¢ Chalrl Mr. M. BWnIs ITreasurnr) R•v. E. BUBS (Chak) Ireslgngd 16106125) Mrs. R. Costelb {As8L Treasuw) Rev. F.C. Elphick Mr. S. Elphlck Mr8. D. Morrfs (SL¥etaryl Rov, G. Cldhner MY A. Legch Mr. G. Wlllamg Mr. N. Morley tr. G. Wyncoll The dgath of onè mèmber, durfrg Ihe y88r. me8M th8 member8hlp now Itands at 49. Thg Board of Directors should consist of no I8 Ihan 8lght and no more than tsv8fv8 wYson¥. New Tte¢S are fjlected by the mèmbor8 of the board. un Th8 Accounts for the year ended Sth Awll 2025 ore In the fomi8t requred by the Charfugs Aci 2011 while followlng requirements of Ihe Companies Act 2006. Th8 Board hopes that the deed Accounts, read In ¢¢)nJuDGlion wfth followlThJ comments on thè vari0th8 fvnd8. 11 anabla momber8 Io Dbtaln a full plcture of the finck91 position of Coundl. estrnBn Tho Council's investment 8tr8iegy is to Spread equlty rfsk from the UK to a mre global footprin( P¥)wever. th8 pror)sal to reduce holdlng¥ in th• C8zonove Charfty Equity Value Fund remalns on hold awalllrKJ stab115saU(m In tha finanGhl markets. Tt overall value of th8 Council'g Investments h88 improved by abwt 2% slnce th6 8nd or the la8t finanual year,. wilh all funds sh¢%wng gn Improvement except Sardg1Th wthlch 8t8y8d 8t8t Dudng year. Ihe CourKil closed the Virgln Charity Deposlt Accounts on behgff of all the oryanlsalions and open8d Saffron Bu81ness eSavgrAccounts. ThSs resutted in a marked improvemont of inler88t reG2Ned. The Coundl 8180 made 8d(Mlional inve8lments In M&G Charlbond Chgritle8 Flxed Int8T88t Fund Income Unlts. and
New Church UK The G•noral Church of th• New Jerusalem Council Ltd (A Company Ilmited by Guarantsg not havlng A Share Capftal) S8ra$kn Inm# OTKI Reserve Fund (Clas8 A Income). on behglf of thg Brtthh Academy and tha Property mntenanCe Fund. Th& Courtll's own Invesknènts had 8 marf(et V8lu8 of£1,112.784 at 5th Awll 2025. 8htMlry an un Inv8sknent gatrt of £279,216 comparod with a £255,056 gain at 5th Awll 2024. Th8 market value of investments held by th• cow11, as Trusts68 for the Brlllsh Academy 4nd Ihg Colch8ster and Mkha81 Church sOctIeS, at 5th Aprrf 2025 totalled £1.829.009 showing an unr88li8gd Invethent gain of £162,511 12024 £111.657 galn}. Gouncil also holds £150,963 kn Saffton Busin08$ esaver rnunts. as Trust for these oryanls8tion$. eneral Fund The maln u96 of this lund is to Support thg use of ts Church forth8 '18olated' Cirdes. Groups and Ind5vldua15 n thg United Klngdorn; wlth four vbhs rDad8 to Oxford. Indilthdual eonlrfbultons and donalbJn$ lo Ihe Gon8181 Fund lotallod £6,396, slightly down on last yaar. Investment Inc(xne and Intorest on Bank Deposits elc. amounted to £27 503, 0 small improvement on lasl year due to Increased interest rates rathar than inveslmgnt income. The Contributlon to Pastors, salarigs, for services to tho'open Road, by the Colche$ter and MKhao1 Church P8stors. was m8inlained at £26,oc(i. Followi Ihe 881e of Colehr Church, the prOd$1£445,D02 minus £20,000 retsined by tha Colche5ter Society) were transforred to the Council. Thls will be invested, generalng #ddRional income lo fijnd w$iting Pastors and18y posilion$ supportlng the romainlrrfj UK P85tOT. There wa8 a surplu8 of Income ov8r expenditur8. £452,184 (£7,182 exduding the Colch8ster Church proceeds), whSch has been tran8ferrgd to th8 General Fund- the balance at April 2025 w8$ £1,104.899 aftor allowing for the unreallsed Inv•8trnent galn at that date of £162,35412024 £149.680 gjin). Thls fvnd c4)nlritrtès tcNdard3 pa$torAI $81aties in rncognitton of th• educotitinal sldo ol Ihelr work. Tho investment Income of thls ld amounted to £17.661. a small improvement on 2024 (£17.507). Paymènt for the $Lrt of pastoral salaries was malntslned at £13.000, wtth an addltional £4.000 pald lo Mkhael Church at year erKI. The balance ofthe lund at 5th Aprfl 2025 w88 £394,007 after allowlng for Ihe invostmenl gain at that date of £103,534 {2024 £93.700 galn). Benevolent Thi5 fund ts for the wrFQ8e of glving help to such mgmbors. frfends ond assoclatss of th8 Church in the Unltèd Ktrtgdom and their dependants when finandal ngod. This yeor sevèral gonts were made, helping Indkndual8 struggling ffin8nclally du8 to ill health and helping three individuals to 8tt8nd All Age Weekends, tol811Sw £4.490 12024 £2,556), with income for tr year totslling £3,036 (2024 £3.508). The balano ofthe fund at Sth April 2025 Wo8 £54.514 aft•r allowlng for the investmont galn at that date of £7.43812024 £6,511 galn). Leo 8nl 1onh#al Memorfal The purpose of this fvnd is to promote New Church g18mgntary educallon. ev8ng•li¥allon, more rgad8bl& tran$lation5 of th• wrn and financlal aulonomy of Church slet1•S. The knrx>me on thts fiJn&8 Investmants amounted to £1,782 and this, together wKh £6,352 Iricome on thè mat¢hing funds from the USA, was di8lributed to the Mlchael Church and Colchestsr Soci6ti9s. The balÈnce of Ihe fund at P Aprll 2025 was £39.312 aft•r allowing for the lIS$d iDveslrnnl 98in at thal date of £5.890 {2024 £5,165 galn). sl erFu Th8 N8W31otter ¢onlknue$ to be 8klNully •dlled by Glovor and Is ovorseen by Ihe Rev. E. Bu$8. Anno a180 ConnueS to dk5tribute the Newslettér, whth is printsd to a hlgh $tsnda •t reasonablè cosL Rea¢Y6rs' Contdbutbor amounted to £1,630. In¢ludiro Gift Pid. LX)mpared wilh tcA81 expenses for thg year of £1.925. Thls ¢ost Indudes the productlon and di8trlbulton of the Chrklmas Reading3 Bookht and A-Z. Contr)ut10nS toward the fund totslled £308 Indudlry Glft fvJd, and tho balance of the fimd on Sth 2(r25 w88 £s.375 (2024 £5.C67).
New Church UK Th• Gen•ral Church ol th• J•nMatem Coun¢ll Lt (A Company Iwnited by Guarantse rM)I having a are Caplla alEx Bes Fu The maln purpose of this fund is to supwrt the Church In Europe, helping to finan¢0 Pastors. 8xpen88s for travel outside of thg United Klngdom. Thls yearthe fund was used to pay Rev. E. Buss's travel to Denmark and Am5twd•m, 8nd Rev. G Odhrnrfg trgvd to Illo N6thorl•ndx The k4lanee ofthe fiwKI Ith 5th Aprtl 2025 was£7.941. HDusln Mal an Th18 fund is usèd for tho repair and mainten8ne of ColGhe8tw manse. Mr. G. waprtk reti1 a$ the Coun¢ifs House Maintenance kni8or and the Dlrectors thank hlm for all hi9 hdp for over years. Expenditure this yéar was £901 {2024 £1.7341 on Insurance, gas and a replacement d18hwasher. Th balanc4 ofthe fund on 5th April 2025 w8$ £11,118 (2024 £7,394). Maintsnan Fund Tl)i$ fund is used for the repalr and m8intenance of other Goneral Clwrch proFwty, not rmnwj by th8 Council. In the UK The Investment incorrt of this fund arrK)unted to £28,168 and repair costs totslled £20,267 for maintenance. on Mlthael ChuFch1£9,IX&) and the m•n8e {£11,199). The (05t ieiTrJ repJiTS lo toth The balarKe of the fvnd 514 W 2025 was £689.983 after allowlng for the unrealtso investment goin at that dale of£53.004 <2024 £41.481 gn). le Tru8 The Council continues to a¢t as Custodian Tntsteeg for the corcht¥ and Michael Clvjrch So¢totss of the Goneral Church and for the Britlsh Academy of the G8ner81 Church in respect of th¢lr proparty and ther Ch hes Chil n A(Ivl The Council is greatly Indebted to Mr& Nancy Warwtk for tsin9 Dewgnated Sgleguarthw Laod and b h•r deputy Mrs. Glynls IMlliam8. Although thè cour11 retsin8 Ihe reSpOnbIlty of Child Prot¥lkn. the cost Is fvnded by the Brftysh Academy's Phyll18 Cper Fund. ntof Company law r8qulres the Directors to wepare ststements for each ffinarKral year vthich gN• a lsue and fair viow of the Charitable Company's fbnandal health at the end of thè year and of thè profft and loss forlhat perlod. In prep8rlng tr88 fm8ncial statemen The Dir8Ctors aro requtred to 88iect suStable accounllng wJld¢s then appty them conslstenty. and make judgements and estimate6 that are reasonable and prudert and prepare the financial statom¢nts on th• goinwncem basLs unless is inappmpriat• to prewm• that the Chritab Crn wiu o)ntinuo. Th? Directors are rosponslble for keeping proper a¢¢ounting records whth dtsclose wth reasonabl8 8¢curaey at any tlme the finantrAal po6stion ofthe Chadtsts Company and to en8bl• thém to ensure that the financial Statements compty wlh the cempan Act 20(K. They are also reswnsiNe for safeguarding the assets ofthe Chaiitable Compary and hence lor takww reasonable stops for the preyenkn and dete¢tlon of fraud ar other irwularldes. Katy Gooding FCA. wjll h proposed for app)Intrnnt as the Charitablg Company's Indop&ndent E¥amin¢r at Ihe Annual General Meeting. Advantage h85 Imn taken. In the preparation ol th18 rew( of the 5pedal ex8mp1kx applpxble to companie5. By Ordor ofthe Board Dth Morris 15th October 2025
THE GENERAL CHURCH OF THE NEW JERUSALEM COUNCIL LIMITED IA Company Llmfted by Guarantee not havlng Share Capltal) EXAMINER'S REPORT Independfrnt Examlnevs Report to the Dlroctors of The Gon•ral Church of the New Jorusal•m CounGII Llmited This report on the financial ststements of th¢ Company for th8 year ended 5 April 2025, which arè set out on pages 5 to 12. is in respect of an examination carried out in accordance wlth $.145 of the Charities Act 2011. Respectlvo responslblllties of the PCC and examlnor As Ihe charity's Directors you are responsiblg for Ihg preparation of the financial 5tatemenls- you consider that the audit r•quirement of Regulations and s.145 of the Charities Act 2011 do not apply. It is my responsibility lo issue this report on Ih05e financial statements in accordance with the terms of the Regulations. Basis of thls r•port My examination was carried out in accordance with the General Directions given by the Charity Commission under s.145151 Ibl of the Charities Act 2011. That examination Inclsjdes a review of the accounting records kept by the charity and a comparison of the accounts with those racords. It also includes considering any unusual items or disclosures in the financial slateme*nts and seeking explanations from you as trustees conMIng any such matters. The procedures undertaken do not provide 811 the evidence that woul¢J b8 required In an audit. and consequenty I do not express an audit opinion on the view given by the accounts. Independent examlnerfs statement In Connectlon with my examination. no matter has come to my attenlK)n: Which gives mè reasonable cause to beli&ve that in any matèrlal respeGt, the requirements to keep accounting record8 in awordance with section 130 of Ihe Charitle$ Act 2011 and S386 of the Companies Act 2006 to prepare financial statements, whlch accord with the accountlng reoords and comply with the requirements of the Charities Act 2011 and Regulation8, and S396 of the Companies Act 2006 and with the methods and principles of Ihe Stslement of Recommended Practice: AGGounling and Reporting by Charities have not been met. or {2) to which, in my opinion, attentions should be drawn In order to enable a proper understanding of the accounts lo be reached. Name of Principal N8mè offirm Relevant professional qualiftation or body Address.. Katy Gooding FCA Gooding Accounts Llmiled ICAEW Holloway House. Epsom Square. White Horse Buslness Park Trowbridge BA14 OXG 1611012025
New Church UK Tho Genernl chUh <rf th• New Jernsalgm Coun¢ll Ltd. IA Company1Smtted by Guarantee and not having a Share Copltall CIAL ACT TIES YEAR ENDED 5TH APRI 2025 STATEME TOFFI Unr0Strfclgd Funds Re$1rkt L.G. Memortal Fund$ Endo%Thenl Fund 2025 2024 Fund$ Funds INCOME AND ENDOWMENT Conthbutions and DonaO¢ns Allocabon from L.G. Fund Coldster Church SalelLggacy120241 Investsnent Income Incom8fr0rn Matching Fund$ h81d in U.S.A- L.G. Fund Saffron esavormrgin Depo$lt Incorr Bank Depo1 Income Prop8rty Rents Total IrmIng Resourc¢8 FROM 8.396 1.C87 445.[j2 43.763 2,579 8,975 1,097 445,2 47,840 9.471 1,070 1295 1.782 47,929 6.352 6,352 403 998 4.625 515.292 6,138 403 998 4,625 502.284 328 4,425 71,445 4,874 8.134 URE Dirnct Charitsble Expendllure Gr8tkts to So¢ieti8s and Ind5vhluals (Xhar Dire¢t Charitthble EX58$ 43,000 1.608 4.4* 1,925 8.134 55.624 3,533 55,494 4,058 Management and Admln. Eyp8nso$ Property Ewnse$ 1,255 1,255 1,261 1.734 Total Resourc•s Eynded INote 21 46.764 6,415 8.134 61,313 62.547 MEI EXPENDITURE ESTME AIN EFORE I SES 455.520 1,541 453,979 8,898 G8ln$ (Lossesl on Inve$kn8nt Assets.'- Realised Net Unre8ll&ed for thg year 11,488 8,781 927 725 24,100 IN ITU 478.028 16141 725 478,139 29,187 TMOV MENT Fund 8?lanco5'.- Brought Forward at 6th April 2024 ND 1.053 824 63268 38 587 1,155679 1.128,512 FUND BALANCES CARRIED FORWARD AT 5TH APRIL 2025 1.531852 62,654 1633e18 1,155,679 Unreallsed Galns lor Losses) on Investsnenis at 5th April 2025 205,8B8 7,438 279,216 255.058
New Church UK The Genoral Church of the New Jeruxalem Councll Ltd. {A Company limited by Guaranteg and not h8ving a Share Capilall SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5TH APRIL 2025 2025 2024 Gros¥ Income of continuing operations 507.158 63.507 Total expgnditure of ¢ontirKMng operati(Ins 53.179 54.609 Nel Incorne for the yèar 453,979 8.898 Total incom8 comprises £502,284 for unrestricted funds and £4.874 for mslricted funds A detailed 8naty5is ol income by source 1$ provided in the Statèmenl of FlnBncial Activities. Total expondilure Compri £46,764 for unrestrfcted funds and £6.415 for rgslrfcled lunds. A detailed anatysis of eypenditure is provlded in Ihg Siatemant of Financial Adivities and Nots 2. Nel income I18xp&nditurel nol including unrealised investment gairlO$s8$ ¢ompri88s £455,520 lor unrestricted lunds and1£1.5411 for restricted funds. The Summary Income and ExPendIre Aceounl Is derived from the Sl8tem•nt of Financial Actithoes which. together Mth the notes lo Ihé Accounts. provid89 full infomation on th• movements durlng the ye8ron all thè funds of the Council. 161
New Church UK Th• Gen8ral Church of tha New Jerusalem Councll Ltd. IA Company linitod by Guarantee and not having a Share Capital) BALANC SHEET AS AT 5TH APRIL 2025 2025 2024 FIXED ASSETS (Note 31 Tanglble Assets.. - Pastorfs House at Cost Coun¢1 InYestm8nts at Market Value USA Investrnents al rketvalue 158.673 1,112,784 653,474 1,924.931 158,673 1.088.624 601.951 1.849.248 CURRENT ASSETS D8btors and Payments in Advance In¢om8 Tax not spt recovered re Grft Conffibulltsn$ Siamp5 b¢JJght in advance Website DomaiTr pahj In advance L Glenhaal Overpaymgnt Bank Current Aceount Bank Deposll Accounts Saffron 8SaverlWir9tr) Char*y Deposit A¢counls 1.544 114 1,945 46 27 21,087 88.902 27.008 139.059 8,662 515,823 54.221 580.398 L855 Creditors - arrfits lalllng due In one 8[. and contrfbutlon$ recelved in advance NET CURRENT ASSETS 135 NET ASSETS CAPITAL FUNDS L.G. MerTh)rial Endowmènt FuThl 39.312 38A87 INCOME FUNDS R¢strlcted Funds.. . New51ètter Fund As$embly Fund Bènevolent Fund 2.765 5,375 54,514 3.160 5,067 55,041 62,654 63.268 unstriCted Funds:. Ger81 Fund Glanvill Bequest Housrng maintenCe Fund Sp8cial Expenses Fund Inv8stsn8nl Reserve IG8neral Fund) 1,104,899 394,007 11.118 7.941 13887 1531852 640,041 383,512 7.394 8,990 13887 1 053824 TOTAL COUN IL'S FUNDS {Note 41 1.633,818 1,155.679 GENERAL CHURCH U.SA FUNDS {Note 6) House Purchase Grant ProFeity Maintenance Fund {fc$t1Y House Sal• Proceeds Alc) 158.673 158.673 TOTAL FUNDS (Note 51 Th• DirectOTS' Staternent Page 8 fomis part of the Balance Sheet. 171
New Church UK Th• 6•n•MI thurch ol the Councll Ltd. (A Ctyyny lithd by Guafant¢o and not havtiig a Short C8pltaD AT6T RIL The thr•ctorn 8m gatisfied c(ThPony L8 anillled t() •xemptithi frun the Ttyuwement to 8n a]11 und¥r sectlryk 4T1 ofthe CtynpankB Ad 2C(O thllt m8mbws htyve not r•quhtd the company to obtsln an audlt in 8wrdan¢ 8edon 476 ofth6Act. The dlre¢ts$ 8d(n¢wledqe tslr responsits1 for (y)mWlng with the requwemtints of The Ac£•unts been prewrgd In aOranCe wth the spgdal pro¥hJns ofP8rt 15 of th8 C(ffnponl86 Act 20ce to Small Canpanl•s aTrJ in tho >hJ on behall of the Olrtrxors E 8u3F Aceojnts were apprrynd on I Odober 2025.
New Church UK The G¢nèr81 Church ot the Now J•rus•l•m Council Ltd. IA Company limrted by Guarantoe aTKI not having a Shar& Cawtall NOTES TO THE ACCOUNTS For Ihe Ywiwd8d 5th April 2025 111 ACCOUNTING POLICIES lal Thefin8rrial ststèm6nts are pr4por6d under Iho historScal cosl G¢)nvenlion, as by th annual r8valuatn of list invesbnents lo markot vdue188 f9qlr0d by the ChaiTtw Act 20111 in aGrord8nce with ApplKable Arcounlirq Stondard8. IblTh8 proprty owned by Ihg COMpY has nol been depre¢l8lad, 88 Ihe diro¢toTB * ollha nb)n that it's value h In excoss of rf$ co81 aMI it is mainlalned irt gotrj condition. 12IANALYSIS OF TOTA RESOURCES ENDED Unrostrictad Rstrk L.G. Memorbl Funds Fd$ ETrJryMnont Fund 2025 2024 Funds Funds Dlrect Chorttaa ExpendltLWe'.- Grants lo Chureh Soo8ts"88 Gran15 10 Individuals etc. P8810rn'lVdunteers' Travellkng Expeffjès (LIK} Paslors'lVdunle8rs' Travellkng Expor lfiLhi UK) Pastors. Opgn Road Expens88 BrochureslAd¥èrtlslng Now$tter Production 0otritrJlTh Trainlng 43,000 8.134 51,134 4.490 559 1,049 52.938 2,556 1.572 231 4,49) 559 1,049 218 1.608 120 1,925 1,926 44.608 M8n8g8ment and AdMN)raI0n..- Printing. siation8ry. Pcst890 aTrJ Teknpkno- G•noral Cw)pany Regislrarfs Fé Ind8pgndent Examin8rf5 Fe¢ Sundry n&t5 125 125 13 1.056 20 1,080 16 16 1.255 Propety Eypèns85.' - Insurance and R#paw8 901 Total Resources Expended 46,764 61,313 Trusto¢ EXpera$- No r¢muTrer8tk>n pald to any trust•• (Jfing the ye4r. Travel and pwt896 8xpen¥e$ of £1,598 were incurred by four tN8tefys during the year, 011¢h £1.488 r*mbw8ed and £110wore vrdivad. Me81 exp8r of £134 wèr6 incwred by trust0• Ihe r. 191
New Church UK The G¢neral Church of thg New Jerusalem Counell Ltd. IA Company limrted by Guaranlgo and haviThJ a Share Capilall NOTES TO THE ACCOUNTS IContinu&dl For the Year end9d 5th April 2025 {31 FIXED ASSETS- INVESTMENTS 2025 2024 Marf(el Value brought forward 6th Aprfl 2024 1.088.624 1,068,354 Le s Disposa15 and Withdrawal3 at book value 1,088.624 1.068,354 Add Transfer Addibons at cost 11,488 1,088.624 1,079.842 Adjust unraalised gain8no88es BIF 6th Aprfl 2024 Adjust unmalised gainsnosses CIF 51h April 2025 Mathot Value al 5th April 2025 255.056 246,275 279.216 255,056 1,112.784 1.088,624 Historical Valu8 ot 5th April 2025 833.567 833.567 iioi
New Church UK Thè G8ner•l Church of tht New J?ru¥al•m Coyncll Ltd. IA Company Imltsd by Guarantee and not hawng a Sh8re Capltsll NOTES TO THE ACCOUNTS Icontinyedl For thé Yearended 5th Aprfl 2025 ISOFCO CIL DS Balances [5 51 A rll 202 Beforo Unre8118ed Urweallsad Invastrt Investment Gwnsl G8lnslLosse$ Losses lusted for Unreallsed Investment GaInL055es ih)r8dlsed IncorniThJ Inve5tmeTht Resources GaknslLossg6 Outgoing Resources ENDOWMENT L.G. Mernorlal End. Fund 33.422 8,134 18,134} 33,422 5,890 39.312 TRICTED FUN New&tter Fund A55embly Fund Benevolent Fufid 3.160 5,067 48.530 1.530 308 3,036 11,925) 2,7fj5 5,375 47,076 2.765 S,375 54,514 {4,490) 7.438 Totsl 56,757 4.874 6.415 7,438 REST TED FUNDS General Fund GlaThwll Bequost Designated Funds=. House M$lntenarbC8 Fund Sped81 Expenses Fund Invéstment ResetV8 IG8neral Fund) 490,361 289,812 479,998 17,661 127.8141 117,1)001 942.545 290,473 162,354 103.534 1.104,899 394.(KJ7 7.394 8,990 4,62S 19011 11.0491 11.118 7,941 11.118 7.941 13.887 13.887 To 810,444 502 284 46.764 265,888 1.531.852 TOTAL 900.623 515,292 161.3131 1,354.602 279.216 1.633.818 EnOonts. The Leonard Gylknhad Memortal Endowm8nt Fund was sel up in 1987 to promots Newchufch ementary school educHti)n, evangellsalon, ffl0 readabb transla05 of th8 Writings and f nanciol autonomy of &oclelie$. rhe funds contributed and held in thL% country a malcw by Ilke arnounts hdd by the GeneMI Church, U.S.Aon vthich IhÈ CounGil raceives ihe kntsrest f¢r dk%trlbuJon. Atl Inter is distributed to Soe'eS. Re$ldct8d Funds- Thré8 of Ihtr reslricted fund8 INow3etter. A55Emily 8nd Benevdenll are lh8 Subied of 8nnus1 OPF** to supportth& spedfK uses Indicate(I by Ihe fund names.
New Church UK The Goneral Church ol Ihe Now Jofusalem Councll Lld. IA CoMpY limiled by Guarantee and not having 8 Share C8pftall NOTES TO THE ACcOUs IContinu•dl For the Year ended 51h 4)ri12025 15) ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Investmènts Fixed at Market Ass¢ts Value Net Curt8nt Assets Total Nel A&t5 Endowmenl Restriciéd Funds un$"¢ted Funds Total CLwJncll Fun¢Js G8neral Church U.S.A Funds 39,312 50,564 1,022,908 1.112,784 653,474 39,312 51,109 1,523,130 1,613.551 868,923 545 500.222 500.767 56.776 158.873 TOTAL NET ASSETS 158.673 1.766,258 557,543 2.482.474 The Net Currant Assèts forth? Unrestricied Funds- £521,930 held In the Coundl's CuThent and Deposit Aceounts - indudos £12,090 the Restrictod Funds. 161 ANALYSIS OF GE ERAL C FUNDS H¢)use Propety Purthase Main18nan Grant Fund 2025 Tot81 2024 Total Balan¢e BIF 6th Aprll 2024 Investment Ineome Bank Deposit Interest 158,673 670.559 27.031 1,137 698.727 829,232 27,031 1,137 857,400 795,868 27,091 158,673 823,555 Repalrs 10 Church Pfoperknes 20,267 120,2671 20,267 120,2671 2,850 12,8501 158,673 678,460 837,133 820.705 Unrnallsed GainllL08518IF 41,481 41,481 35.254 Realised GainllLossl Unrealised GainllLoss1 CIF 53.004 53,004 41.481 Balance CIF 5th April 2025 158,673 689.983 848.656 829,232 The House Purehase Grant- £158.673 Is a grant made forthe purcha$& of a housè lor the Colchester Chwch Pastor. Th6 Pastorfs housè at a ¢08t of £158.673 is Shown in the Balance Sheet under the headlng of langiblts assets. The Property Mainl8nan¢e Fund Ifommlly knovm as the Hou6e Sale Proceed8 A¢counl}- Balan¢e ol £689,983- Is the not funds16ft with lh8 Council where P8Stors' houses have n sold abovè their cc6t value plus previous net rental Income. The expenditure rd8tès to maint•nan( work on Mich8el Churth and Man8e- properties not own8d by the Coundl. 17) POST-BALANCE SHEET EVENTS There have been no evants occurrlng 6knce 5 April 2025 whKh affe th• fKJures 8•t out in Ihese fmancial gtstements. 1121