IiFGISTERLID CHARITY NUMBER., 293629 rt of tlie Ti'u$le¢s t <1 Ifinoiiclal Stnt¢ments f Yellr Eiide(I Jill 2025 HE MEITR POLI'fAN MMUNITY C.HUIICH OF NORTH LONDON BBK Parliiersliip Liniiled ClIHrter¢d Aceoiinianls SuilE 2C, Bvosti8K I-loiisc 175 Darkes Laiie Potrei's Bar H¢nforilshir¢ EN6 IBW INIETROPO ITAN COMMU CHURCH OF ()ii'rH LONDON IT CtynlL'nl¥ uf tlio Fliiiill¢l#l Stat¢'niLllt for thÈ YoiLI' Ei niled 31 JULY 2025 v￿ge Rei)ort of Ilie'fi'usttts Indep¢iidenl Exllmlii¢r's Reporl St￿lemL￿t uf f4ln#nclAI Aclivllie& BLIArtce Sh￿1 Notes tv the FliihTi¢IAI Slat¢ineiits 6 to 10 Dtl*ll¢d st￿tellit11t of Fln4iitlal Aetivities THE MfiTIi POLIT N COMMUNIT CHUIICII Olf NOIITH LONDON (Fi'l oftlie Tru¥tecs thL. Ytxr Ended 31 JULY 2025 fo Tlie liusk¢s present Iheir Jepoi'l willi Il)e findllCjRI slal¢inciils of ili# ¢h%rily fur Ili# y¥ar ¢iided 31 Jiily 2r)25. T]i¢ Irust¢¢s lJav¥ adopted IIJC pi'ovisions of A¢¢ouiiliiiE and R¢poiliiig by CliaYstie%'. Siaieinent of Recoiniiiendcd PL'a¢ii¢e api?lichbl¢ lo cliarilies pr¢pnriiig their occounls iii bc¢ord&i)ce with Ili¢ finan¢io1 Il¢portii)8 Slatidnrd ￿p1)liCable iii tlic UIC aiid Republic Of IrLldiid (FR.8 102) (e£fe¢tive l Januaiy 2019). OBJECTIVES AND AC'TfviTIEI S ObJ£'¢tive5 hnd nlnis T1￿ objecl ofilje Gliarity is to i)i'oiiiot¢ ilie gospel of Cliri5t pi'iniarsly LoiidotL Tli¢ charity lias a priniRry mSJiisiry in gay, l¢$biaii, bisexual aiid trAii$g¢iider Colw￿L1111I]e$) providii)g tlie sate eiivii'onijieiil of an &w¢ptiiig ¢oiisr¢xalioJi wlicr¢ Iicopltt ¢aii fiiid God's silvationj pcr$onal siippoi'l, spirinial &riowih and giiiddii¢¢ towill'd IiLallh aiid whi)leiiLss. Tliis is d¢hi¢v¢d IIu'ou81i celcbrRtiv¢ woKsIIip 5cYvices. 8UPPOL'live cal'e gI￿UP8. ¢onuiiunity oiitreacli, ju%lice, udvo¢a¢y aiid soci&l ¢tLOII. SlgnLfleArit A¢tlvltles TIIE iiidliiixetnciil ¢ominillce liircil Bloomsbiiry CeDiral Bai)liyt ChurLlI. 215 81)dn&%biLry AvLI)Ii¢, LoiJdr>n, WC2H 8EP a8 tli6 In¢¢tiiig place for wor81iip aiid d¢voiioiJdl aGtiviiies. Tl)rougliout Ili¢ ycar Ilie ¢liai'ity coiiducled %¢ivi¢¢% eveiy Sunday ai)d li¢ld mectu1￿$ Jjiosi Wedn¢sdByS, Ilslhiilly Ohlii)¢. Elev¢Jiut i'aised ivas I￿all)lY via gift Tri Ill aiid iv¢ckly casli offcriiigs fKoin Ih eoi)gi'¢galioll, The Lhief ileiits of expendilli￿ ivcre payn)eiits to Ilie Pastor foi. Ilieii scrvi¢¢s lo Il)e ¢liiiJ'cli, T¢nlal i)ayiiici)r8 fni. hire of Ili¢ preniises aiid for Iiavel diid oili¢r expLiises sso¢ialcd willi seii(lii)g Ilie l)a¥lor. Deacuii%, Triistees *nd Lay Delegii 1¢$ to At iht Allni￿1 General Meeiiiig li¢ld on 18 Novert)bei 2018 li agreed lo increase from 3/0 to 4/v rif ilie Cli#11￿,$ illcome as beiiig tiilKd ¢0 Ili¢Universal fellow51)ii) of Mell'opoli1o11 Coiiynuiiily Cliurclies, Piiblic benefit Tlie ¢hiir¢li was sel up to provide 4 place wlierc pBopl¢ ¢fin live vjiil Ilibii. faiili iii a s%fe eiivii'oijnjeiil liB¢aii%e ofilieii. %eiiitslily. FINANCIAI. REVIEW Tliis fiiian¢i*l yBar thc cl)arily saw # coi?soli(lalion oftlJ¢ woi'k dolle iii the pjevioiis year. Th¢ cliarity lios a deficit of vilresli-icted fui)d8 for tli¢ ycar of £755. The total i)Illie iiiireslri¢ted fiiiids at 3 l Jiily 2025 Jn)oiiiiled to £4,513.. 11 w&$ by tli¢ Inist¢¢s Ilicil 41s aniouiits Iiail be¢ii 8Ct *5ide iii %cparal¢ baiik a¢coui)1s foi. aiili¢ipai¢d futiir¢ buildiiig Yepaiys aiid fului¢ deleBolt expei)se$ Ilie total aiiioutsls woiild btt slioivtt ay IIAnsf¢iE lo aiid Iroiil Ihe iinr¢slri¢icd g¢iiei'DI fuiid lo Ilie appiDpi'illlc ￿￿tricI¢d fuiid%. 11 was )Iso agL'c¢d Iliat &f it was d¢¢ined n¢¢essaL'y froli) a fiiiaii¢ial pcrgl￿CI￿Ve tlie Inistecs eoiild niakc ¢i￿lisrers back to Ili¢ uiii'esli'ic(ed Eenernl fund. Silic¢ Ilie abtrv¢ policy had bt¢iJ impl¢n)eiited 51 wns d¢cirtetl la kc¢i) all fiiiids iii 01)e baiik accouiii exo¢pi the Cold Weathei At 31 Jiily 2025 Ihc fjuildiiig Triiiid R¢%erY¢ Thnioui?l¢d 19 £18,952 And the Fiitur¢ I)eleghic Kcs¢rv¢ Jtaipiiiiled to £5.071. Tli¢ cli#rily g1s0 DiaiiilaiiiÉng a s¢parbte baith hG¢ounl for ihc Cold Weatlicr Sli¢lter Iraiisaciioii¥. Ai 31 Jiily 2025 lh¢ Cold Weailier Slieli¢r Res¢rv¢ amouiiled to £1.034. STRucfuREI, ￿vE1 IINANCE AND MANACEMENT jvernlng document The C]￿l'llY 18 Coiltroll¢d by ils gova'jung IlobimiLnl, a dbcd of liiist and ¢oiisliiul¢s ai3 ui)iJicoipok'aie(I cliarsly. R¢cruitiiieiit Rppolnliiiellt uf neiv Iru5tLse$ Bodrd In￿lIb￿S #r¢ appoii)ted foi. Iwo yeai's aiid Ilieii rcqiiir¢d lo staiid down as'l'ni8te¢s. Lay d¢l¢gul¢s arc appoiiitcd for a Illlrc year i)criod. TJust¢es ￿2nd Il)¢ L&y D¢l¢gal¥ are appoiiii¢d by Ilw ni¢nib¢i% of Ihe cliiir¢li At Ilic ojuiufil geii¢ral 1neetii￿, -fiJn Fellows is eiiLrently Ili¢ sole L&y D¢l¢gat¢. RE4 FERENCE AND ADMINES'fiiATIVK DEIl'AIIS RtgliterLII Ch#i'lly Riutiib¢i' 293629 Pa8e I THE MCITHOPOLITAN C CHuncH or NORTH LONDO Re ort of Ihe Truktees fort Year IILY 2025 Prin¢lpal iddr¢ig The Melropoliton Community ChiLr¢h of Nortli Lolldoii Llloomsbwy C¢iitral Baptisi Cliiirch, WC2H 8EP TJ'ustee5 R¢v¢r¢nd PelR bvo1)$ lii¢liard GoTr Precious Jan50$ Samiiel8 Julict Owoo Wazana SiiLyHngw¢ Timnihy F¢lk>w Aloii Sulhcrlaiid Clii13ya SiinbAra$li¢ Iresigjied 17.11.24) Ja¢k Khi81)1 (4Lppoinied 57.11.24} (resi￿led 16.3,251 Indep¢ndent fxAittiner Slev¢ii Oordon n)3K PJiliiei.4hip Limiled Cliarlered A¢¢ouiilanlS Suite 2L, BrosTh&i) Ilous¢ 175 Dork¢8 Lwn¢ Poll¢i% 14Dr H¢riford$liir¢ EN6 IBW Appr(>vd by order oftho boai'd of tThstCC6 0n..-..... . •wt Si8ne41011 ils b¢liolf by.. cvereiid Pela Evans- Tiusiee PAg¢ 2 Iiide iort tu tlic Trii$tee.s of THf MEITn POLII'AN COM NITY CHURCH or NOIITH L()NDON eiid¢Jii xaiiiiner b Il¢ Indep¢odenl examinoi u i'eiiort lo Ilke trust¢¢$ THE MJ£TROPOLITAN COMMUNITY CHURCFI OF NORTH LONDQN i¢pvrt to Ihc charity tluslees oil Iny exaiiunatioji of the aecoviils of TIIL METROI'OLITAN COMMUNITY CHURCH OF NORTI.I LONDON (Ihe Trust) fDr tli¢ year elided 3 5 July 2025. RespfjnslblllllES nnd basls of Ytiioyt A$ Ilie charity Iru5tccs of Ihc'li-u%t you arc i¢s]K>lJ8ible 14)I' tlie prcparation ol. tl)e nccoiiiils li) accoi'daiice with tli¢ rcqiiireiiKI)Is Df Ilic Cliu¥ili¢s Aci 2011 I'tlic Acl'l. exaiiiiiia¢ioii I liave lollowLd all appliLable Directioi)s kivcn by Ihe CI1411'iiy cointtii85ioiI Iijidbi. SectlULI 145(5)Ib) of Ili¢ Act. Indepeii(loiit ¢yfjiiiiiier'¥ statemcnt I lthve complei¢d niy exan)111l1 lioii. l eonfiiyi) Iljal iio Inalei'ial maltei's I￿ave com¥ IQ iny aiieiilioti ij) coniieciioii willi Ili¥ examinaiioii giving ii)e cause to beli¢vg ihar in Any material r6sp¢cl', ac¢oiiiiling rccoi'ds wci'¢ not kcpl 11) re%ptttt oftlie'fnisl as r¢qiiircd by Scclkoll IJO vf Ilic A¢1; oi. Ilic dccouiiis do iiol a¢coJ'd willi tlios¢ recoi'd5,- or Clillrilies (A¢¢oiinls aiid Reptri'ts} Re¥ulalioiis 2a08 otlier tliAii aiiy irqiiii'etiiLiil Ilul the a¢¢oiinls #ive A iiu¢ aii(I fail. vieiv I havc iio eoiiccrjis ¥i?d COEne Jiv other mFAlters in ¢oill)e¢lioiJ willi Ilie exainiiiatiojx ¢0 wliicli alt¢i)tioii shoiild be drawi li tliis i'eport in oyder to enabl¢ a prDP¢I' IIDd¢i%taiidiiis of th¢ accouiiis 10 b¢ reutslied. Steveii CJordoL) BBK P#rliiersliip Limited Clifdt¢iKd A¢cvuJilMnls Suilc 2C, BrDSiittiI House 175 Darkes Lhn¢ Potters Bai. H¢iifurdsl)ire EN6 IBW Date: .... Pagje 3 , MEI'ROFOLITAN COMMUNITV CHURCH or NOtITH LONDON $tlltemLllt of FlrtArt¢lAI Activltlts foj. tlie Eijded 31 JULY 2U25 31.7.25 31.7.24 Uiiirsli'icted Re.%li'i¢led ftiiids futi<15 Nul¢s INCOMC AJYD EI NDOWMENTS fiROM DDiiatioiis and legaeies 37.391 1,915 39,306 38,831 402 Totol J7,775 1,915 39,690 39,233 EXPENDITURE ON Raisiiig fui)ds 2,150 2,150 CILorltable A¢tlvitie% General Cold wefjtli¢r sli¢li¢r Futili'¢ (lelegale expeDdiLTriie 38,530 38,530 2,389 36,081 2,685 635 2,389 Tot￿1 38,530 4,539 43,069 39.401 Nb'f JNCOMEIIExpEf4DITUREI (7551 (2,6241 (3,379) 1168) REI C.ONCILIATION OF fiUNDS .1-0101 fiiiids biDiight fuiword 5,268 27,681 32,949 33,117 TOTAL FUNDS CARRIED 17ORWAIiD 4,512 25,057 29,S70 32,949 Page 4 op LITAN COMM ORTH LO DON Balance Sh el 31 JULY 202 31.7.25 Total ri)nds 31.7.24 'rotal tiii)ds UnJ'osli'ict¢d fund R¢3tYict¢d lids Noteg FIXED ASSETS Tiingible as5vIs 21 21 28 CURRENT ASSEI'S D¢biors sli Bl l>uttk Ji)d in hond ,576 4,682 1,576 2)C,73() 1,752 32,369 25,057 6,2S8 25,057 31,315 34,121 CRKDII'ORS An￿Ul1￿S falliiig du¢ witliirt oli¢ y¢ai {1.7C)(i) 11,766) (1,200) NIT CURRENT ASSETS 4,492 25,057 29,519 32,921 TOTAL ASSKTS LESS CURRENT LIABILITIES 25,057 32,949 NET ASSLTS 4,513 25,OS7 29,570 32.949 FUNDS UJJrcsiriciod r￿lld8 R¢slri¢ted funds 4,513 25,057 5,268 27.681 TOTAL FIINDS 29.570 32,949 Tli¢ fiiiDI)¢ial stLt¢M¢iits wer¢ aiJpYov¢d by th¢ Iloord tsf Triist¢cs aiMI aulliorised for i$sue oil it5 bglialf by.. aiid welc ¢iid Pcia Evans- Tnisle¥ Tlie iitsie% fonn of111¢8e fiiiaiiG$￿I stll1￿11CI11¥ Pa8¢ S TIIE Mf4 TROPOLITAN COMMUNITY CFIIJRC.H l)fi NOIII. NDON Notes lo tli¢ Fiiii#rt¢i81 St&tenieiit$ ror tlic YeRr En 131 JULV 2025 AccouFvfiNG POLICIB$ Brtsis ofpr¥purin¥ the fiilaneiiil $lAteniL'nts Tlie fiiiaii¢ial 8iatenJciils uf Il)¢ cliai'ity, M,liich is a piTrblic b¢i*fil eiilÈly iind¢r fRS 102, 112ve becii pt¢paird in accDidaii¢e witl) Ili¢ Cliiriti¥s SORP (FII% 1021 'Accouniiiig aiid Rcporiiiig by Clithrilies,. S(Ilt¢meiir of iicoomii)ciid¢d P¥#ctice applicablc lo cliarili¢s pi'¢pariiig tl)cii' accoiiiils iii a¢¢ordaiicc Iviili Ihe Finaiieial Repui'liiig Standard ppli¢able in 1116 UK And Repiiblie ofli'elaLid {FR.8 1021 {¢l'fe¢livc l Janiiary 20191,, f51￿1]¢1?1 R¢poi'liiig Sialid￿rd 102 Tlic Fiinancial Eicpoiling Siaiida¥d applicabl¢ in Ili¢ UK and Rcpiibli¢ of Sr¢liind' Ili¥ C,hdTilie4 Act 21111. The finaiicial statciiieii15 1)avo beei) LJiconi¢ All iii¢ome i& rece￿)1$¢￿ iii the Slaieii)eiit of i li￿￿¢1￿1 Aciiviiies oiic¢ Il)e cliariiy I￿S eiiti¢lemeDI lo th¥ liiii(Is, il is p¥obablc Ilithi Ili¢ li￿On)¢ will be I'eceivcil aiid Ilie ali￿lIn[ Laii be meusui'ed i'elidbly. Voluiitli ry iiicoine is i'eceiv¢d by way af g1-￿ilty, dotiatioiig ajid gifls aiid is in¢liided iii ihc fvll $18lemeiil of fiiiaiibial a¢liviti¢s wlien ie¢eivable. Gi'¢lnts wliei'e ¢iitiilcm¢DI is not ¢oi)ditiO￿al tsii Ilic dclivci'y of a specific pcrformniic¢ by Ihc ¢IMrity, are r¢¢owvsed wli¢ii Ili¢ ¢liai'ily be¢oii)¢i viicotidilioiially ¢iiiiiled to Ihc #I￿11¢. Do1￿1¢d %erviccs aiid fn¢'ililie5 lire in¢liid¢d al Ills vali1¢ to 151¢ cljayity ivh¢i'e is ¢ai) be oiianlifi¢d. Tli¢ vnliic of the services pi'uyi(fe(I by voluiileeLS IIRS noi bo¢ii Én¢luded. GitEs doiiated ftsr rests1¢ nr¢ incliidttd as incoininu r&¥iiurLQ5 wiiliiii acliviLi¢s for g¢iieiatiii8 hinds ivlien Il)ey ar¢ sold. Liieomg f¥oiiE iiiv¢slmehis is iiieliided iii Ilie yciir irL ivhsch il is r¢c¢lv￿ble. I xpeJi(Ilturc Lillbililies Ar¢ ¥ecogJii%ed as ¢xpendittii'G as SOOll ils Iliere is a legal vr ¢OD5tr11¢1ive ()b]I￿all01} GoIiiiniifii)g thc cliurity Its lI￿t cxpeiidittire, it is piobabl¢ thai a hinsfer of c¢oiiotlli¢ b¢iieli15 will bo i'equu'cd iii S¢ltlei￿eLlL and IliL umoiiijl L)r Ilie ISUL'ed i'eliably. F.xpendttuic is A¢coiii)led for oli ￿¢01'ualS bi18i.s tsiid llah bceii ¢lassifi¢d iiiid¢Y h¢adiiigs Ilial aggregate Jll c05t i'clalcd lo Il)¢ cal¢¥ory. Wlieir ctssl$ cai)iJol be diY¢¢ily at(ribiited to 11a1-li¢iiler licadiiigs (hey liavo be¢ii dllocalcd to Acliviiies oil # b4515 ¢L¥I)Sl¥tciitwitlJ Ili¢ LI￿ of resources. Tsngible fJx¢¢J a$set% D¢pi'ecialinll IS PToviil¢d at tlity follgwiiiu aiiiiual ral¢$ iii ord¢r lo wri¢¢ off eaGli asset ovcr its C51ininted usefiil life. ixtsires aiid lilliiigs 250/y oil r¢dii¢ing balaiice TIxAilun Tlie chority ig exenipt fi'om lax oti its. chai'itable activities, 4 urid 8ccouI)15ng UiJYeslri¥l¢d fui)d& cali b¢ us¢d iii accordaiicc willi the ¢liai'ital)Ic objcclivLs ot (he disGL'elioi) of tlie li'usl¢¥¥. Reslrieled fiinds Cic 11 01)ly b¢ ustd for PArli¢iil411 i'esiri¢ted puayoscs wilhiii Ihe obj¢cL8 of Ihc cl)ai'ity. R¢sliicii011s al'is¢ wheii spccified by tlic doiio¥ or wli¢ii fiiiids tsre raised for particulay reslrict¢(I yurptTrses. Fiirlh¢r txplatutioii of lh¢ llatvre Jiid i)IiwoK of ¢a¢li fiittd is iiicliid¢d iii IIIL IlOt¢s to Ili¥ fiDaii¢iol sl8tem¢JJt¥. THC MC4 TROPOLITAN COMMUNITY C.HL'RCii or NORTII LONDON ror tILL. ye￿1. Enilod 31 J ' 2025 DONATIONS AND GACIES 31.7.25 N(>n gift-aidell do11￿li0118 Gift.aided doithiioiis 5,409 33,897 2,1()6 36.665 38,831 INVESTMENT INCOME J1.7.25 D6pDSit a¢wiint inlerest 384 402 TRUSTEEI S, IILI MUNCI RATION AND IIEI NEI fiITS Diiring Ilic ycai Pcia Evans wK% Phid st￿pell(l cliai'ge8 of£20,416 for tli¢ir IDI¢ ds pastor of111¢ eliiiwli. 'ri'usteos' cxi)eM$¥5 DiiriiiE tl)¢ y¢ai' l)¢iA Evai)s w&¥ rciniburscd ne¢￿s￿ry li'av¢lliiig ¢xpeJis¢5 toiftlliiig £2.374 and ¢raiiiÈJJg ¢osts of £2,038. Tli¢¥¢ wer¢ oiljei liiisl¢e%' ¢xpei)s¢s paid dui'iijg ilie year ¢iid¢d 31 July 2025 nor fDr IlJ¢ ycar cndod 31 Jiily 2t)24, TANGIIILE f4IXCID A,8,%E'rs and COST Al l AiiBiisl 2024 ond 3 1 July 2025 2,137 DEPIIECIATION At l August 2024 Charg¢ for 2,1119 At 31 Suly 2025 N£i'f BOOK VALUE At I l July 2025 21 Ai 31 Jiily 2024 28 Pag¢ 7 'rHif, METROPOLITAN COMMUNITY I.IURC14 or NORTH LO DON e.E to Ihe F eial SIAtcm¢ii oi. th Yellr Knded 31 JULY 2025 EIITORS.. AMOUNTS fiALLINC. DUF wi'fHIN ONE YEAR 31.7.25 31.7.24 Oih¢i' debioiy CIIIFDITORS,. AMOUNTS IfALLING DUE wI'fFIIN ONC YEIAR 31.7.25 31.7.24 Oih¢i creditors 1,200 MOVkMCN'f IN FUNDS N¢t Lnovement At 3 1.7.25 At 1.8.24 Unre5lrlcted hinds G¢n¢rdl fund 5,268 (75S) 4,513 R¢slri¢led funds Cold weaih¢r Sheltcr rutu￿ dclcgale ¢xpendittir¢ Building fI￿Thd rescrve 1,509 7,220 {475) (2,149) 1,034 5,071 TOTAL ￿UNDs Nel Moveiiienl in fviids, siiclud¢d in tl)¢ ¥bov¢ ai¢ as follows- Ilesouices ¢xpended Moveiiiont iii funds I'e%DuYces Uiir¢51rict¢d funds Jenei'al fuiid 37,775 158,530} (755) R¢strlc(ed fuiids Cold wBather shelter Iiiur# dele￿Ie expeiidituie 1,915 (2,3891 {474) 1.915 TOTAL FUNDS 43 069) 3,379) Pabve 8 Tllf Mri TROPOLII'AN COMMUNITY CIIURCH 011 NO TII LONDON Nott% to thc ￿l￿a1)C[￿l StRtin)L'JJts- contl for the Year li n¢ltsrt 31 ,VULY 2112$ Iv MOVCMENT IN FUNDS- coiitlniied Comp&fft'4tlve¥ for movenioiit In fiiiids N¢1 i)iov¢in¢til Ti'oiisfers betw¢eii runds At 11.7.24 At 1.8.23 Unre$trLLt¢d fund$ G¢ii¢ral ftind 3,067 2,879 {678) 5,268 Restricted luiids Cold We￿111¢[ sliellttr Fiiiui'e delegat¢ expeiiiliiur¢ Buildiiig ￿sErVe 12,412) 1385) 701 362 ,509 7,220 7,154 18,5YO JO,050 (3,0471 678 27,681 TOTAL IIUNDS 33,117 1168) 32.949 C.omp#raliV¢ nGI niov¢m¢iil in fLiiids, iiicliided ii) Ilie 42bove arc as follows.. Ilesoiirces txpciid¢