OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-09-30-accounts

COMPANY REGISTRATION NUMBER: 01653722 CHARITY REGISTRATION NUMBER: 285707

Tower Hamlets Community Church Company Limited by Guarantee

Unaudited Financial Statements

30 September 2025

JONES & GRAHAM ACCOUNTANTS LTD

Chartered Certified Accountants

6 Hall Square DENBIGH Denbighshire LL16 3NU

Tower Hamlets Community Church

Company Limited by Guarantee

Financial Statements

Year ended 30 September 2025

Page
Council members' report (including directors' report) 1
Independent examiner's report to the members of council 4
Statement of financial activities (including income and
expenditure account) 6
Statement of financial position 7
Notes to the financial statements 8

Tower Hamlets Community Church

Company Limited by Guarantee

Council Members' Report (Including Directors' Report)

Year ended 30 September 2025

The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 September 2025.

Reference and administrative details

Registered charity name Tower Hamlets Community Church
Charity registration number 285707
Company registration number 01653722
Principal office Lansbury Lodge
117 Ricardo Street
London
E14 6EQ
Registered office Lansbury Lodge
117 Ricardo Street
London
E14 6EQ
The directors
John Day
Simon Kempson
Adele May
Company secretary John Day
Independent examiner Jones & Graham Accountants Ltd
6 Hall Square
DENBIGH
Denbighshire
LL16 3NU

1

Tower Hamlets Community Church

Company Limited by Guarantee

Council Members' Report (Including Directors' Report) (continued)

Year ended 30 September 2025

Structure, governance and management

The charity is a company limited by guarantee.

Recruitment and appointment of trustees

None of the members of council has any beneficial interest in the company. All of the members of council are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational structure

The charity is run by the Council which meets several times each year.

Relationship with related parties

The charity acts as sole trustee of The Compass Point Trust, a charity which provides financial support for Christian church workers.

Objectives and activities

The charity's objects are the proclamation and furtherance of the Christian faith, the relief of poverty, distress and sickness, and the advancement of education.

Public benefit

The members of council have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

Details of the charity's achievements during the year are set out in a separate report of the trustees.

Financial review

The charity's income and expenditure for the year and financial position at the end of the year are summarised in the attached accounts. The members of Council consider the financial position to be satisfactory.

2

Tower Hamlets Community Church

Company Limited by Guarantee

Council Members' Report (Including Directors' Report) (continued)

Year ended 30 September 2025

The council members' report (including directors' report) and the strategic report were approved on .............................. and signed on behalf of the board of trustees by: 26/05/2026

John Day Director

3

Tower Hamlets Community Church

Company Limited by Guarantee

Independent Examiner's Report to the Members of Council

Year ended 30 September 2025

I report to the directors on my examination of the financial statements of Tower Hamlets Community Church ('the charity') for the year ended 30 September 2025.

Responsibilities and basis of report

As the directors of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for 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).

4

Tower Hamlets Community Church

Company Limited by Guarantee

Independent Examiner's Report to the Members of Council (continued)

Year ended 30 September 2025

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.

Jones & Graham Accountants Ltd Independent Examiner

6 Hall Square DENBIGH Denbighshire LL16 3NU

5

Tower Hamlets Community Church

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 30 September 2025

2025 2024
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 221,844 24,894 246,739 261,479
Charitable activities 6 3,485 3,485 2,128
Investment income 7 20,230 20,230 20,180
───────── ──────── ───────── ─────────
Total income 245,559 24,894 270,454 283,787
═════════ ════════ ═════════ ═════════
Expenditure
Expenditure on charitable activities 8,9 248,460 27,599 276,060 251,154
───────── ──────── ───────── ─────────
Total expenditure 248,460 27,599 276,060 251,154
═════════ ════════ ═════════ ═════════
───────── ──────── ───────── ─────────
Net (expenditure)/income and net
movement in funds (2,901) (2,705) (5,606) 32,633
═════════ ════════ ═════════ ═════════
Reconciliation of funds
Total funds brought forward 288,946 51,584 340,530 307,897
───────── ──────── ───────── ─────────
Total funds carried forward 286,045 48,879 334,924 340,530
═════════ ════════ ═════════ ═════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 17 form part of these financial statements.

6

Tower Hamlets Community Church

Company Limited by Guarantee

Statement of Financial Position

30 September 2025

Tower Hamlets Community Church
Company Limited by Guarantee
Statement of Financial Position
30 September 2025
2025 2024
Note £ £
Fixed assets
Tangible fixed assets 16 2,750 2,723
Current assets
Debtors 17 13,933 16,797
Cash at bank and in hand 331,777 331,146
───────── ─────────
345,710 347,943
Creditors: amounts falling due within one year 18 13,536 10,136
───────── ─────────
Net current assets 332,174 337,807
───────── ─────────
Total assets less current liabilities 334,924 340,530
───────── ─────────
Net assets 334,924 340,530
═════════ ═════════
Funds of the charity
Restricted funds 48,879 51,584
Unrestricted funds 286,045 288,946
───────── ─────────
Total charity funds 20 334,924
═════════
340,530
═════════

For the year ending 30 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 26/05/2026 ........................, and are signed on behalf of the board by:

Simon Kempson

John Day Director

Simon Kempson Director

The notes on pages 8 to 17 form part of these financial statements.

7

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Lansbury Lodge, 117 Ricardo Street, London, E14 6EQ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Major risks

The members of council have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, the members of council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

8

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

3. Accounting policies (continued)

Fund accounting

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The members of council consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

9

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

3. Accounting policies (continued)

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 20% straight line Equipment - 25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

10

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

3. Accounting policies (continued)

Impairment of fixed assets (continued)

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes

party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The charity is a company limited by guarantee.

The members of council, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

John Day Simon Kempson Adele May

None of the members of council has any beneficial interest in the company. All of the members of council are members of the company and guarantee to contribute £1 in the event of a winding up.

11

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

5. Donations and legacies

Donations and legacies
Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
Donations and gifts 221,844 24,894 246,739
Grants
Other general grants
───────── ──────── ─────────
221,844 24,894 246,739
═════════ ════════ ═════════
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Donations and gifts 234,887 19,590 254,476
Grants
Other general grants 7,003 7,003
───────── ──────── ─────────
241,890 19,590 261,479
═════════ ════════ ═════════

6. Charitable activities

Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Sales within charitable activity 2,985 2,985 2,128 2,128
Other income from charitable activities 500 500
─────── ─────── ─────── ───────
3,485 3,485 2,128 2,128
═══════ ═══════ ═══════ ═══════

7. Investment income

Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Other interest receivable 4,275 4,275 4,249 4,249
Rental income 15,955 15,955 15,931 15,931
──────── ──────── ──────── ────────
20,230 20,230 20,180 20,180
════════ ════════ ════════ ════════

12

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

8. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Church activities 205,415 205,415
Support of other Christian work 27,599 27,600
Support costs 43,045 43,045
───────── ──────── ─────────
248,460 27,599 276,060
═════════ ════════ ═════════
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Church activities 193,164 193,164
Support of other Christian work 19,279 19,279
Support costs 38,712 38,711
───────── ──────── ─────────
231,876 19,279 251,154
═════════ ════════ ═════════
Expenditure on charitable activities by activity type
Activities
undertaken
Grant funding
Total funds Total fund
directly
of activities Support costs
2025 2024
£ £ £ £ £
Church activities 184,082
21,333
41,007 246,422 229,623
Support of other
Christian work
27,600
27,600 19,279
Governance costs
2,038 2,038 2,252
───────── ──────── ──────── ───────── ─────────
184,082
48,933
43,045 276,060 251,154
═════════ ════════ ════════ ═════════ ═════════
Analysis of support costs
Church
activities Total 2025 Total 2024
£ £ £
Staff costs 16,283 16,283 16,140
Premises 17,560 17,560 15,567
General office 5,454 5,454 4,741
Governance costs 2,040 2,040 2,252
Depreciation 1,709 1,709 1,678
──────── ──────── ────────
43,046 43,046 40,378
════════ ════════ ════════

9. Expenditure on charitable activities by activity type

10. Analysis of support costs

13

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

11. Analysis of grants

11. Analysis of grants
2025 2024
£ £
Grants to institutions
Grants and donations to institutions 20,268 19,877
Grants to individuals
Grants and donations to individuals 28,665 23,760
──────── ────────
Total grants 48,933 43,637
════════ ════════
12. Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible fixed assets 1,709 1,678
═══════ ═══════
13. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 2,040
═══════
2,040
═══════

14. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as The total staff costs and employee benefits for the reporting period are analysed as follows:
2025 2024
£ £
Wages and salaries 143,800 129,516
Employer contributions to pension plans 12,978 11,253
───────── ─────────
156,778 140,769
═════════ ═════════

The average head count of employees during the year was 8 (2024: 6).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

15. Members of council

None of the members of council (or any persons connected with them) received any remuneration during the year. Total expenses reimbursed to members of council (or any persons connected with them) during the year was £567.

14

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

16. Tangible fixed assets

Fixtures and
fittings Equipment Total
£ £ £
Cost
At 1 Oct 2024 11,938 1,057 12,995
Additions 1,735 1,735
Disposals (1,411) (1,411)
──────── ─────── ────────
At 30 Sep 2025 12,262 1,057 13,319
════════ ═══════ ════════
Depreciation
At 1 Oct 2024 9,292 980 10,272
Charge for the year 1,634 75 1,709
Disposals (1,412) (1,412)
──────── ─────── ────────
At 30 Sep 2025 9,514 1,055 10,569
════════ ═══════ ════════
Carrying amount
At 30 Sep 2025 2,748 2 2,750
════════ ═══════ ════════
At 30 Sep 2024 2,646 77 2,723
════════ ═══════ ════════
17. Debtors
2025 2024
£ £
Trade debtors 4,750 6,088
Prepayments and accrued income 2,641 1,704
Other debtors 6,542 9,005
──────── ────────
13,933 16,797
════════ ════════
18. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 2,607 3,292
Accruals and deferred income 5,196 4,131
Social security and other taxes 2,455
Other creditors 3,278 2,713
──────── ────────
13,536 10,136
════════ ════════

19. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £12,978 (2024: £11,253).

15

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

20. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At
At 1 Oct 2024 Income Expenditure 30 Sep 2025
£ £ £ £
For future repairs to property 94,145 9,600 (918)
102,827
For support of ministry activities 16,130 30,000 (20,375)
25,755
General funds 178,671 205,959 (227,167)
157,463
───────── ───────── ───────── ─────────
288,946 245,559 (248,460)
286,045
═════════ ═════════ ═════════ ═════════
At
At 1 Oct 2023 Income Expenditure 30 Sep 2024
£ £ £ £
For future repairs to property 86,845 9,600 (2,300)
94,145
For support of ministry activities 8,344 29,300 (21,514)
16,130
General funds 161,435 225,298 (208,062)
178,671
───────── ───────── ───────── ─────────
256,624 264,198 (231,876)
288,946
═════════ ═════════ ═════════ ═════════
Restricted funds
At
At 1 Oct 2024 Income Expenditure 30 Sep 2025
£ £ £ £
Support of activities abroad 3,331 24,894 (27,599)
626
Building fund 48,253 48,253
──────── ──────── ──────── ────────
51,584 24,894 (27,599)
48,879
════════ ════════ ════════ ════════
At
At 1 Oct 2023 Income Expenditure 30 Sep 2024
£ £ £ £
Support of activities abroad 3,020 19,590 (19,279)
3,331
Building fund 48,253 48,253
──────── ──────── ──────── ────────
51,273 19,590 (19,279)
51,584
════════ ════════ ════════ ════════

16

Tower Hamlets Community Church

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 September 2025

21. Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Tangible fixed assets 2,750 2,750
Current assets 283,295 48,879 332,174
───────── ──────── ─────────
Net assets 286,045 48,879 334,924
═════════ ════════ ═════════
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Tangible fixed assets 2,723 2,723
Current assets 286,223 51,584 337,807
───────── ──────── ─────────
Net assets 288,946 51,584 340,530
═════════ ════════ ═════════

17

Tower Hamlets Community Church 2025

Final Audit Report

2026-05-26

Created: 2026-05-19 By: Emyr Jones (office@jonesandgraham.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA7DYkHqd1XyZI4_Ng1BBT8KVGOEqOwAuF

"Tower Hamlets Community Church 2025" History

Document created by Emyr Jones (office@jonesandgraham.co.uk) 2026-05-19 - 8:02:19 AM GMT

Document emailed to Simon Kempson (simon@thcc.org.uk) for signature 2026-05-19 - 8:02:25 AM GMT

Document emailed to John Day (johnday@phonecoop.coop) for signature 2026-05-19 - 8:02:25 AM GMT

Document emailed to Emyr Jones (emyr.jones@jonesandgraham.co.uk) for signature 2026-05-19 - 8:02:25 AM GMT

Email viewed by Emyr Jones (emyr.jones@jonesandgraham.co.uk) 2026-05-19 - 10:37:47 AM GMT

Document e-signed by Emyr Jones (emyr.jones@jonesandgraham.co.uk)

Signature Date: 2026-05-19 - 10:38:54 AM GMT - Time Source: server- Signature captured from device with phone number XXXXXXXX6113 - Signature Appearance Selected: MOBILE_DRAW

Email viewed by Simon Kempson (simon@thcc.org.uk)

2026-05-19 - 2:14:10 PM GMT

Document e-signed by Simon Kempson (simon@thcc.org.uk)

Signature Date: 2026-05-19 - 2:17:53 PM GMT - Time Source: server - Signature Appearance Selected: TYPE

Email viewed by John Day (johnday@phonecoop.coop) 2026-05-26 - 12:20:24 PM GMT

Document e-signed by John Day (johnday@phonecoop.coop)

Signature Date: 2026-05-26 - 12:22:27 PM GMT - Time Source: server - Signature Appearance Selected: MOBILE_DRAW

Agreement completed.

2026-05-26 - 12:22:27 PM GMT