**REGISTERED CHARITY NUMBER: 282667** ## **Report of the Trustees and** ## **Unaudited Financial Statements** ## **for the Year Ended 31st December 2025** ## **for** ## **MULBERRY HOUSE MINISTRY TRUST** Clemence Hoar Cummings Chartered Accountants Riverside House 1-5 Como Street Romford Essex RM7 7DN **MULBERRY HOUSE MINISTRY TRUST** **Contents of the Financial Statements FOR THE YEAR ENDED 31ST DECEMBER 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|13| |**Detailed Statement of Financial Activities**|14|to|15| **MULBERRY HOUSE MINISTRY TRUST** ## **Report of the Trustees FOR THE YEAR ENDED 31ST DECEMBER 2025** The trustees present their report with the financial statements of the charity for the year ended 31st December 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the charity is the advancement of the Christian faith. This is achieved by supporting appropriate projects and by making funds available to other Christian ministries. ## **FINANCIAL REVIEW** ## **Reserves policy** The charity doesn't hold its own reserves as the trustees have committed to meet shortfalls in monthly cashflow requirements from their own personal funds by making additional donations to cover the charities ongoing activities. In addition to this adjustments to staffing have been made over the year to help reduce the ongoing operating costs. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Mulberry House Ministry House is governed by its constitution dated 30th March 1981. It is registered as a charity with the Charity Commission. In the event of the charity being wound up, all of the members agree to contribute £1. ## **Recruitment and appointment of new trustees** The board of trustees consist of A J George, S J George, and H Ashworth of the charity and historically there have been no other appointments of additional trustees Should the current trustees consider that additional skills are required at board level, they will approach suitable persons with a view to appointing them as trustees. ## **Organisational structure** The trustees are jointly responsible for the overall administration of the charity. Day to day administration is delegated to appropriate persons. ## **Induction and training of new trustees** If and when additional trustees are appointed to the board, the existing trustees will provide them with an appropriate induction and training package. This will include previous accounts of the charity and board minutes and well as copies of Charity Commission guidance on the duties of trustees. ## **Related parties** Mulberry Facilities Limited is a company whose directors during the year included S J George and A J George. It owns certain freehold property that was used by the charity to conduct its charitable activities. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 282667 ## **Principal address** Mulberry House Chelmsford Road High Ongar Essex CM5 9NL Page 1 **MULBERRY HOUSE MINISTRY TRUST** ## **Report of the Trustees FOR THE YEAR ENDED 31ST DECEMBER 2025** **Trustees** A J George S J George H Ashworth **Independent Examiner** Lee Blunden FCCA CTA Clemence Hoar Cummings Chartered Accountants Riverside House 1-5 Como Street Romford Essex RM7 7DN **Solicitors** Cooke Matheson 8 Gray's Inn Square Gray's Inn London WC1R 5JQ **Bankers** Barclays Bank PLC 20 The Town Enfield Middlesex EN2 6LY Approved by order of the board of trustees on ............................................. and signed on its behalf by: ......................................................... S J George - Trustee Page 2 **Independent Examiner's Report to the Trustees of Mulberry House Ministry Trust** ## **Independent examiner's report to the trustees of Mulberry House Ministry Trust** I report to the charity trustees on my examination of the accounts of Mulberry House Ministry Trust (the Trust) for the year ended 31st December 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form 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 as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Lee Blunden FCCA CTA Clemence Hoar Cummings Chartered Accountants Riverside House 1-5 Como Street Romford Essex RM7 7DN Date: ............................................. Page 3 ## **MULBERRY HOUSE MINISTRY TRUST** ## **Statement of Financial Activities FOR THE YEAR ENDED 31ST DECEMBER 2025** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Charitable activities
2
**103,301**
Other trading activities
3
**2,327**
Investment income
4
**1,398**
Other income
5
**14,750**
**Total**
**121,776**
**EXPENDITURE ON**
Raising funds
6
**54,885**
**Charitable activities**
7
Seminars & Events
**96,180**
**Total**
**151,065**
**NET INCOME/(EXPENDITURE)**
**(29,289)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**(392,315)**
**TOTAL FUNDS CARRIED FORWARD**
**(421,604)**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**103,301**
**2,327**
**1,398**
**14,750**
**121,776**
**54,885**
**96,180**
**151,065**
**(29,289)**
**(392,315)**
**(421,604)**|2024
Total
funds
£
114,916
3,406
-
-
118,322
50,173
69,249
119,422
(1,100)
(391,215)
(392,315)| |---|---|---|---| The notes form part of these financial statements Page 4 ## **MULBERRY HOUSE MINISTRY TRUST** ## **Balance Sheet 31ST DECEMBER 2025** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
13
**8,289**
**CURRENT ASSETS**
Stocks
14
**8,595**
Debtors
15
**5,081**
Cash at bank and in hand
**169,620**
**183,296**
**CREDITORS**
Amounts falling due within one year
16
**(613,189)**
**NET CURRENT ASSETS/(LIABILITIES)**
**(429,893)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**(421,604)**
**NET ASSETS/(LIABILITIES)**
**(421,604)**
**FUNDS**
17
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**8,289**
**8,595**
**5,081**
**169,620**
**183,296**
**(613,189)**
**(429,893)**
**(421,604)**
**(421,604)**
**(421,604)**
**(421,604)**|2024
Total
funds
£
153,667
9,890
3,456
52,835
66,181
(612,163)
(545,982)
(392,315)
(392,315)
(392,315)
(392,315)| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. S J George - Trustee The notes form part of these financial statements Page 5 **MULBERRY HOUSE MINISTRY TRUST** **Notes to the Financial Statements FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The financial statements have been prepared on a going concern basis. This assumes that the charity will continue for the foreseeable future. The validity of this assumption depends on the continued financial support of the trustees and creditors. If the charity were unable to continue, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets. Long term liabilities would also have to be reclassified as current liabilities. The trustees believe that it is appropriate for the financial statements to be prepared on the going concern basis. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probable has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from an estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Company has been notified of the executor's intention to make a distribution. Where legacies have been notified to the Company, or the Company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Donations are credited to the Statement of Financial Activities (SoFA) in the year in which they are receivable. For conditional donations, where a clawback provision is in place should the event donated to not take place, these donations are recognised once the event has taken place. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property Fixtures and fittings - 2.5% on cost - 25% on reducing balance continued... Page 6 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** As a charity, Mulberry House Ministry Trust is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated Funds are unrestricted funds 'ring fenced' by the trustees for particular purposes. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. CHARITABLE ACTIVITIES** |Donations
Gift aid
Legacies|**2025**
**£**
**99,191**
**4,110**
**-**
**103,301**|2024
£
101,515
8,748
4,653| |---|---|---| |||114,916| continued... Page 7 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** |**3.**
**OTHER TRADING ACTIVITIES**
Sales of goods
**4.**
**INVESTMENT INCOME**
Interest receivable
**5.**
**OTHER INCOME**
Gain on sale of tangible fixed assets
**6.**
**RAISING FUNDS**
**Other trading activities**
Opening stock
Closing stock
Printing
Postage
Publications cost
**7.**
**CHARITABLE ACTIVITIES COSTS**
Seminars & Events|**2025**
2024
**£**
£
**2,327**
3,406
**2025**
2024
**£**
£
**1,398**
-
**2025**
2024
**£**
£
**14,750**
-
**2025**
2024
**£**
£
**9,890**
11,330
**(8,595)**
(9,890)
**17,739**
17,485
**10,921**
8,828
**24,930**
22,420
**54,885**
50,173
Support
costs (see
note 8)
£
**96,180**| |---|---| continued... Page 8 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **8. SUPPORT COSTS** |**8.**|**SUPPORT COSTS**||||| |---|---|---|---|---|---| ||||||Information| |||Management||Finance|technology| |||£||£|£| ||Seminars & Events|**80,431**||**574**|**13,061**| ||||Governance||| |||Depreciation||costs|Totals| |||£||£|£| ||Seminars & Events|**509**||**1,605**|**96,180**| ||Support costs, included in the above, are as follows:||||| |||||**2025**|2024| ||||Seminars||Total| ||||& Events||activities| |||||**£**|£| ||Wages|||**27,882**|**41,462**| ||Social security|||**103**|**781**| ||Pensions|||**661**|**974**| ||Direct Costs|||**32,771**|**7,556**| ||Insurance|||**935**|**1,342**| ||Advertising|||**15,121**|**11,045**| ||Bookeeping|||**2,958**|**-**| ||Subscriptions|||**574**|**325**| ||Rates and water|||**291**|**643**| ||Repairs and renewals|||**-**|**556**| ||Sundries|||**3,131**|**422**| ||Computer running costs|||**9,639**|**1,923**| ||Depreciation of tangible fixed assets|||**509**|**560**| ||Independent examiners fees|||**1,605**|**1,660**| |||||**96,180**|**69,249**| |**9.**|**OTHER**||||| |||||**2025**|2024| |||||**£**|£| ||Support costs|||**96,180**|69,249| ## **10. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024. continued... Page 9 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **11. STAFF COSTS** The average monthly number of employees during the year was as follows: ||||**2025**|2024| |---|---|---|---|---| ||Average number of employees||**1**|2| ||No employees received emoluments in excess of £60,000.|||| |**12.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||| |||Unrestricted|Restricted|Total| |||funds|fund|funds| |||£|£|£| ||**INCOME AND ENDOWMENTS FROM**|||| ||Charitable activities|114,916|-|114,916| ||Other trading activities|3,406|-|3,406| ||**Total**|118,322|-|118,322| ||**EXPENDITURE ON**|||| ||Raising funds|50,173|-|50,173| ||**Charitable activities**|||| ||Seminars & Events|69,249|-|69,249| ||**Total**|119,422|-|119,422| ||**NET INCOME/(EXPENDITURE)**|(1,100)|-|(1,100)| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|(391,215)|-|(391,215)| ||**TOTAL FUNDS CARRIED FORWARD**|(392,315)|-|(392,315)| continued... Page 10 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **13. TANGIBLE FIXED ASSETS** |**13.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| ||||Fixtures|| |||Freehold|and|| |||property|fittings|Totals| |||£|£|£| ||**COST**|||| ||At 1st January 2025|**40,140**|**231,792**|**271,932**| ||Disposals|**-**|**(144,870)**|**(144,870)**| ||At 31st December 2025|**40,140**|**86,922**|**127,062**| ||**DEPRECIATION**|||| ||At 1st January 2025|**31,945**|**86,320**|**118,265**| ||Charge for year|**356**|**152**|**508**| ||At 31st December 2025|**32,301**|**86,472**|**118,773**| ||**NET BOOK VALUE**|||| ||At 31st December 2025|**7,839**|**450**|**8,289**| ||At 31st December 2024|8,195|145,472|153,667| |**14.**|**STOCKS**|||| ||||**2025**|2024| ||||**£**|£| ||Stocks||**8,595**|9,890| |**15.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2025**|2024| ||||**£**|£| ||Other debtors||**1,593**|-| ||VAT||**842**|329| ||Prepayments and accrued income||**2,646**|3,127| ||||**5,081**|3,456| continued... Page 11 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** |**16.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---|---|---| |||||**2025**|2024| |||||**£**|£| ||Trade creditors|||**2,697**|1,693| ||Taxation and social security|||**332**|310| ||Other creditors|||**610,160**|610,160| |||||**613,189**|612,163| |**17.**|**MOVEMENT IN FUNDS**||||| |||||Net|| |||||movement|At| ||||At 1.1.25|in funds|31.12.25| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund|**(392,315)**||**(29,289)**|**(421,604)**| ||**TOTAL FUNDS**|**(392,315)**||**(29,289)**|**(421,604)**| ||Net movement in funds, included in the above are|as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund|**121,776**||**(151,065)**|**(29,289)**| ||**TOTAL FUNDS**|**121,776**||**(151,065)**|**(29,289)**| ||**Comparatives for movement in funds**||||| |||||Net|| |||||movement|At| ||||At 1.1.24|in funds|31.12.24| ||||£|£|£| ||**Unrestricted funds**|(391,215)||(1,100)|(392,315)| ||**TOTAL FUNDS**|(391,215)||(1,100)|(392,315)| ||Comparative net movement in funds included in the above are as follows:||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||£|£|£| ||**Unrestricted funds**||118,322|(119,422)|(1,100)| ||**TOTAL FUNDS**||118,322|(119,422)|(1,100)| continued... Page 12 **MULBERRY HOUSE MINISTRY TRUST** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **17. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |At 1.1.24
£
**Unrestricted funds**
(391,215)
**TOTAL FUNDS**
(391,215)
Net movement in funds included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
240,098
**TOTAL FUNDS**
240,098|Net
movement
At
in funds
31.12.25
£
£
(30,389)
(421,604)
(30,389)
(421,604)
Resources
Movement
expended
in funds
£
£
(270,487)
(30,389)
(270,487)
(30,389)| |---|---| ## **18. RELATED PARTY DISCLOSURES** During the year the charity received donations totalling £27,363 (2024 £25,769) from its trustees. At year end the charity owed £608,510 to trustees (2024 £608,510). Mulberry Facilities Limited is a company whose directors during the year included A J George and S J George. It owns certain freehold property that was used by the charity to conduct its charitable activities. The amount that was owed where the directors are also directors and shareholder in other companies at the year end was £1,593 (2024 £Nil). Page 13 **MULBERRY HOUSE MINISTRY TRUST** ## **Detailed Statement of Financial Activities FOR THE YEAR ENDED 31ST DECEMBER 2025** |**INCOME AND ENDOWMENTS**
**Charitable activities**
Donations
Gift aid
Legacies
**Other trading activities**
Sales of goods
**Investment income**
Interest receivable
**Other income**
Gain on sale of tangible fixed assets
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Opening stock
Printing
Postage
Publications cost
Closing stock
**Support costs**
**Management**
Wages
Social security
Pensions
Direct Costs
Insurance
Advertising
Bookeeping
**Finance**
Subscriptions
**Information technology**
Rates and water
Carried forward|2025
£
**99,191**
**4,110**
**-**
**103,301**
**2,327**
**1,398**
**14,750**
**121,776**
**9,890**
**17,739**
**10,921**
**24,930**
**(8,595)**
**54,885**
**27,882**
**103**
**661**
**32,771**
**935**
**15,121**
**2,958**
**80,431**
**574**
**291**
**291**|2024
£
101,515
8,748
4,653
114,916
3,406
-
-
118,322
11,330
17,485
8,828
22,420
(9,890)
50,173
41,462
781
974
7,556
1,342
11,045
-
63,160
325
643
643| |---|---|---| This page does not form part of the statutory financial statements Page 14 **MULBERRY HOUSE MINISTRY TRUST** ## **Detailed Statement of Financial Activities FOR THE YEAR ENDED 31ST DECEMBER 2025** |**Information technology**
Brought forward
Repairs and renewals
Sundries
Computer running costs
**Depreciation**
Freehold property
Fixtures and fittings
**Governance costs**
Independent examiners fees
Total resources expended
**Net expenditure**|2025
£
**291**
**-**
**3,131**
**9,639**
**13,061**
**357**
**152**
**509**
**1,605**
**151,065**
**(29,289)**|2024
£
643
556
422
1,923
3,544
357
203
560
1,660
119,422
(1,100)| |---|---|---| This page does not form part of the statutory financial statements Page 15