Regtered Charfty no. 516122 Harborough Community Church Trust Trustees Annual Report and Accounts Year Ended 31st October 2025 Harborough Community Church WYATh & CO Chartered accountants 125 Main Street Garforth Leeds LS25 1AF
Harborough Community Church Trust Year Endod 31st October 2025 Contents Page Page Legal and Administrative Infonnation Trustees. Annual Report Independent Examiners Report ststement of Financial Activities Statement of Financial Position Notes to the Financial Statements
Harborough Community Church Trust Y•ar Endod 31st October 2025 Ltyal and Administrativo Informatlon Reference Th8 Charity is c8118d 'Harbomugh Communty Chur¢h Trusf. Th8 Church is registered wrth tho Charfty Commission for England and Walas a1 was r8gist&r8d through the Dedaration of Trust datsd 21st December 1984. The declaration was arnended on the 19th of January 2017. Charlty Numbor 516122 R•glsl•r•d Offlc• 121 Bath Str881 Market Harborough L8lLXStgrshirn LE16 9JL Web*it• -harborou hcommunl hurch.or .uk Trustws Who S•rv•d Durfng th• Flnandal Y•ar James BrioJs Ross Dunning Christopher Stokgs Rob8rt Wlbon Prlmary Bank•rs Lloyd8 Bank plc kndep•nd•nl Examlner Nlgel Wyatt BSC FCA Wyatt & Co Chartsrgd Aooountants 125 Main Stmt Garforlh LS25 1AF
Harborough Community Church Trust Y•ar Ended 31•t October 2025 Trustees, Annual Report The Trustses aro pleased to present their report together with the Financial Statements ftir the year ended 31bt October 2025. CHARITA8LE OBJECTIVES The prlnclpal oblectNeof the Church is to advance the Christian Fahh. HCC ha5 four mah foundations.. Go51 Cenlered, Splrrt Empowered, Dlsclpteship Based aTrg Mi55ion Focused. MISSION STATEMETrrr A go8pekcentered ChUh whlch Is growing $p1rttual. num8ri¢ally, (TOSeneratIOnaly and m*lng a poslllve Impact Sn the town of Harborough and beyond. A core ¢hurth family with a signrficant crowd. Fncreasad bader5hip base aTrJ on8 where everyone f881s they belong ty playlng Ihelr part. ORGANISATION Meetings of Ihe Trustees complled with the requlremènts for Ihe prorer control of HARBOROUGH COMMUNITY CHURCH TRUST (Reg. 5161221. Completedstaternents of theTNsl's affalrs for the previous year were lodged thg Charity ¢ommlsslonand duly 9pIed. There were no changgs In the Church Constitution. NewTrustg8s are appointgd by the Elders of the Churchinacwrdancewrththetrust deed. Ekjers are appointed by the recornmendath)n ofthe exisUng Elders, subject to the approval ofthechurch. New Elder5 are normally appointed as Tru$teos. EerS and Mlnisty Leadprs, In thelr appropriate roles. met regularty frjr prayer, se8kirttJ the Lord's guldance for any matters requiring attentlon. The Ministry L8aders have contributed grealytothe workofthe church arKI have reducedlheburden onthe Elder5. The flnan¢ial 8¢counts are administered by Penny Farnsworth. who Trs commended on her work In Implementing the financSal system during the financial year. There were no trustee changes during the period. PUBLIC BENEFrr STATEMENT Hartwough Communlty Church's alms and purposès are for the benefft of the PLFbli¢. The Trustee3 gNe duo consideralion lo the Charfty Commlssion's publlshed guidance on tha public tenefrt requirements under the Charities Act 2011. RISK STATEMENT The Trnslees continualty revkn¥ and updatg systems and pol88 regardlng Heatth & Safety, Chlld Prote¢tion,VulnerdbleAdults, Data Prot8ction.GDPR, andsoon. Thesewe see as vitsl irbour day-tt d8y Tunning of the chUh and take them very seriously. During the year. the previous Chlld Pmlection and Vulnerablè Aduhs team changed over, wlth a new team appointed with &Jdilional help for this work. There was 8130 a safeguardlng training cKJnducted both internalty by the new le 8nd by an external consukanl, Christian Safeguarding Services. Those on the training Included 1 children and youth volunteers a8 well a$ all staff. elders, IrustO&S and mini8ty leaders. Tho church ntinues to review areas of rfsk through regular elders. meetings th some trustees present
Harborough Community Church Trust Year Endod 31•t October 2025 Trustees. Annual Report FINANCIAL REVIEW The church's funds are m8lntslned In an Inlerest-bearing account In accordance with the Trust's r¥serves policy. with the remalnder held In a worf(Ing current account. The church's principal sources of ))Jnding ¢onUnued ID be donations and Glft AkA from marnbe and supw)rters, together with in(x)m& generated through the coffee shop, events and room hiro. Wyatt & Co Chartered Accountants. who specialise in charf(ies and chur¢hes, We appointed for another year as the thurch's accountsnls and indepondenl examiner. Totsl incnme for the year was £401.21612024'. £428.576}, comprising unre51rict6d incomo of £389,264 and re$trfGted Income of £11.952. Totsl expenditure w88 £364,65612024.' £382.422), (x>mpri5ing unrestricted expendtture of £349,988 and restricted expendfture of £14,668. This resulted in net inwme for the year of £36,560 {2024: £46,154). consistsng ol nel unreslrlcted incomg 01 £39.276 and net rostrkled expèndtture of £2.716. At 31 October 2025. thg church held total furKls of £1,251.480 {2024: £1,214,920). Thls comprised unrestricted lunds of £1,245.350, includlny £1,000,000 designated as the ffxed asset builijing fund and £245.350 held wlthin the general unrestricted fund, togelhw with reStrted fijnds of £6,130. Th$ church hold cash al bk and hand of £176,942 and had nel current assets of £187,625 8t the year-erKI. It is the chur¢h's policy lo give approximatety 10% of its gift income to SLFPPOrt misslon work and the needs of others, both at home and abroad. Ourong the year, Church glvlng expendf(ure totalled £30.08512024- £46.7551. This 5UPPOrted a variety of charftles and causes, induding prayer and financFal support for mi5sI(Jnaries in Burkina Faso and Malawl and Ihe work of Advance Movement. Lo(lty, the church ccntinued to svwjort the Bower House CoL5nsdling se, the Jubilee Foodbank and The Cube yOLtth work. all of whlth are based In M8rkel HarbOrgh ond serye tho 8urroulldlng area. The churth ¢onllnues to be part of Churche3 Together in Harborough and partCiPad in variou5 InlUatlv8s Ihrough(yJt the year.11 also remalns a member of the Evangelkal Alliance. Budgets lor 2025126 were prepared and agreed al the Tte$ and Elder5 meeting held on 29 September 2025. RESERVES POLICY The Churth's policy is to malntaln a prudent level of reserves. comm¢nsurate wlth its ongoing activrties, malnlenan¢e costs. and future )MMitments. The Trustees have agwd a mlnlmum level of 3 months. costs. whlth al present amount to approximatety £60,000. The unrestsicted reserves at tha yearnd were £245,35012024.. £205.2491. REVIEW OF ACTivrriES The report lor 2025 has been detalled wf(hin the report from the Elders al the AGM. During Ihe year. the church has seen growth in memb¢r$hip, Sunday attendance. Coffee shop usage. Young Adults growth, mid-week usage and uptake on Communlty groups. The adopth)n of two servKe times on a Sunday continues to work well and is continulng lo show growth in attendance. Nombtrr5 have grovm lo 360400 people over the two servlces. Thg church is used by 37 groups from the communmy during the week. using It at least monthly. and having nearly 600 attendees. The coffee shop gees 8 typal 8ttèndance of 675 Feople a week. Wlth other Church events added, around 1.800 people usa thg church building weekty. Funds are lo be set a81de for additional rninistry leadersleldeTS for pastoral and dis(ypleship care to help manage th1$ growth. The church has Th)w partnered with the Advance Movement, whlch ts part of the New Frontiers famSly of churches. TIMS hebs provide a much-ngeded 8UPPOrt framework for thuroh leadershlp and tralnlng
Harborough Communlty Church Trust Year Ended 314 October 2025 Trustees, Annual Report facilities for fubjre church leadeTS. member has attended a church planting course. The elders d trustaes are looking at plantlng a new church in the Market Hatborough area. This WOLld be reswrc¢d from the gxi¥ting thurch. Durfng the year. aGtivitres oUe of Sunday gatherfngs, such as Atpha courses. Baptisms. volunteer days Over SOS group, Mens and Ladles Groups, eondnued to tske place. Community group8 )nllnue to meet weekly, vrith around 18 groups Meen9 regularly. A churGh membershlp course called DNA conllrHJes to run regularly to allow newcomerg to understand our chUh, Its mlsslon, doctrlno and approach to churth Ilfe. Induding members bdrwJ active in serving within the church. Th8 Urse 1$ 11 attgnded with most attendees bocprning mbers as a result. The thurch conflnue$ to have an Impact on the local communlty. helplng lo(l school8 wllh assemblies and other assistance. providing support for some loGal Gharilies and worklng to ty to help and promote the go1 of the town in whlch the church is based. USE OF VOLUNTEERS At HCC, we deepty value the contribution8 of our volunteer5. An imFYesSe 85% of our church members volunteer al least once a month at church, demonstrating a strong culiuro of service and Involvemènt in church life. In additson. we have sever81 pèople who volunteer In our cdfee shop. induding some who axe not p8rt of HCC. PLANS FOR THE FimJRE Work continues renewing the car parktng surfa(. addhg disablgd parking bBys and pemilsslon has now been obtained to add some disabk8d parknng bays direcuy off the road at the front of th8 church. Glose to the maln entrance. In addition. the baptisty Ild has now rtnewed. TRUSTEES RESONSIBIUTIES Charity Law requires us asTruslees to propare an annual rep)rt and accounts. This financFal year, they w6r6 PTwred in accordance with the Chariles SORP IFRS 102). Wo are restK)nsible for keeping proper accounti re¢¢)rds which dlsclose with rèasonableaccuracyat anylme the financial position ofthech8rityandenableusto ensur8 tha financial statoments comply with th6 Charilres Act2011. W8 also have a responsibility to 5af¢guaTd the assets of the tharity and to tske reasonab steps tg prevent fraud or any othor irregularities. APPROVAL Th1$ report was approved by the Tnjstees and slgned on their beholf by". Name of TN•leo: James Briggs Slgn8d on Behalf of th? Trusteos: Dat• of Approval: lames E Bri99S 06026
Harborough Community Church Trust Year Ended 31st October 2025 Independent Examlners Roport I rewrt to the trustegs on my ex8min8tion of the financlal statements of Harborough Community Church Tn1 Cthe charWI forlhe yoar eThJed 318t October2025. Re•ponJSbilltl•s and Ba1• of Report A8 the truste of lh charlty you ar8 resF)onslble forthe preparab.on of the financial statemerrfs In accordarKe wilh the rgquir¢rn8nts ofthe Charities Act 2011 Ilh9 Acv). I roport in r06P8¢t cl my examlnafjon of the Cha¥ nancIal 8tatem8nts caled OLrt undor s8¢fjon 145 of the 2011 Act an¢J in carry5ng out my examination I have followed all tho applicable DeCnS glv by the Charity Commissh)n und9r $9olkJn 145{51{bl of the AGt. IPendent Exomln•rf8 Statem•nt I confimi that l am quah'fied lo undertake the examinalKJn buse l am a mambgr of th8 Insyluto of Chartered Accountsnts In England and Wales IICAEWI, v4hlth 1$ one of the Ilsted bodles. I hav& completed my exBmlnallon. I confim that no material rnattars havo ¢ome to my attenljon In ¢onnectknn wlh the examNialbn plvlng me caus¢ to hliBve that in any matorial res¢t. 1. accounn9 rerdS were not kept in respect of tho charity as requlrgd by $gGllon 130 of the Act: or 2. thè financld slalements do not ae¢ord wrfh those r8conls; or 3. the financial stalements do not comply with lh8 applicable roquir&mgnts ¢on¢eming the form and nlenl of accounts sel out In the Ch8ribes (Accounts aThJ Reports) RagulaOn$ 2008 other than any requirement that the accounts glve a Yrue and fairf vtw 1¢h 18 not a matt8r consld•Md as part of an indeperthnl 6x8mlnal*)n. I have no concem$ and have ccthe a¢ross no other mattgrs In Connecti the examSnatlon lo whlch attent should be drawn in Ihis rowrt in order to enable a propor understsnding of the accounts lo be reached. Nigel Wyatt BSC FCA Indepewjonl Examiner 125 Maln Street Garfoth, Leed$, LS25 1AF Date.. o&ow2026
Harborough Community Church Trust Year End•d 31st Octobèr 2025 Statement of Flnanclal Actlvltlas 2025 Unrestricted Restiicted Funds Funds 2024 Total Funds Total Funds Ng1• Incom• Donatbns end Logacles Charbtsble A¢tivitres Imitrstmènt Income 299,613 88,339 1,312 3,217 8,735 3112.830 97.074 1.312 345.433 82,192 951 Total In¢omo 389.264 11,952 401216 428,576 Expenditur• E¥penditur8 on Charftablo Athtttes 349,988 14,668 364.656 382.422 T4)t•l Exp•ndltur• 349.988 14.668 364,656 382.422 N•t Incom• l (Exp•nd4tur•) 39.276 2,7161 36,560 46.154 Net Income and Net Movement In Funds Totsl funds brought forwar(I Transfers 11 11 1.205,249 825 9,671 1,214,920 1.108.766 1825) Total Funds Cavrl•d Forward 11 1245.350 6.130 1351,480 1.214.920 l inGome and expenditure derive from continuing aGtiviti8S.
Harborough Communlty Church Trust Year Ended 31st October 2025 Statement of Flnanclal Po8ltlon 2025 2024 Not• Flx•d Ass•ts Tanglble Frxed Assets 1,063.5 2.083,964 Curr•nl A880ts Debtors Cash at bank ond In hand 17.478 176.942 5,633 160.994 194,420 166,627 Creditors: Amounts Falllng Due Wlthkn One Y•ar N•t Curr8nt A88•t8 10 6,795 15,671 187.625 150.956 Total Ass•ts L•ss Curr•nt Li4bilitiei 1,251,480 2,214.920 Net Atsts 12 1351.480 2,214.920 Fund$ of Th• Ch¥Sty R8strl¢knl fvnds 11 6.130 9.671 Unrestrlcted funds Unrestrfcted G8ner41 De5ignat8d Funds 11 245,3SO 205,249 1.000.000 1,000,000 1,245,350 1,205.249 T¥)t•l Ch#rfty Funds 1251,480 1314,920 Tru$to• Responslbllltles These finandal $tatem0nts werg approved by the L¥)ard oftrustees and authorfsed for188ue .' Nam• of Trust••: jam E Brlggs Slgn•d on b•half ofth• Tru$l•es: lames E Bri99S Dat• of approval: 0610812026
Harborough Community Church Trust Yr Ended 31st Octobor 2025 Notes to the Flnanclal Slatsment8 Bo81• of Preparation The finanrial statements have been pr¢par¢d in o¢¢or(lanc¢ with the Slalemenl of R¥cx)mmended Practice: Accountry and ReportlrwJ by Charities Financi Repting Slandar(Is 8ppli¢able in the UK and Republic of Ireland ICharibo$ SORP 2019 FRS 102) and the Charillas A¢t 2011. AM¢*¥m?nt of Golng Conc•rn Preparation of the acHjnts Ss on a golng concern basN8. Thg iTUStees consNJer Ihat th8r8 am no material unc8rtaintlgs about the Charftys alIty10 clinu0 as a g01r concem. Fund A¢¢ountlng UnroStriGtsd incorne funds compris8 thosè fund$ whl¢h the trustees are free to use fcf any purposè in furtherance oftho charitabl8 objects. Unr¥strlct9d ffijnds indude designated funds wh8r8 the trustees, al their discretion, hav8 s81 askae r•sour¢è$ for a spg¢ifi¢ purF¥Jse. R•$lri¢ted funds are funds whlth arg to be uswj In accordance wlh specific reslrictions imposad bytho donor or the term of sp8Glfk appgal. Further explanation of the naluro arKJ purp08e of eath luThJ 1$ included In the notes lo the accounts. In¢omlng Ros¢urc I Inwming resources are recognisgd onc8 th• ¢harlty h8$ an enteMent lo the resources, Is probable that the resources wll be rocervad. and the monotsry valuo of inming resources ¢8n measured with sufficient reliability. . All voluntary income from members of the Churth are recognlsed as donallorbS and are Sncludgd in full, with associatsd GIftd r8ceNabl8 in the Ststement of FInancl Actfvlbts. . Grants, vthere entltlemenl is not conditional on th• dgllvery of spectfic pgrformance by Ihe charity. aro rognISed when the charity becomas UncOnd0n?1}Y enliuwl to the granL . Income resources from ¢haritabl8 trading a¢thvities such as the lattlng of the bulldlng aro accounted forwhen Invol¢es arg drawn up las the wnt of entitlement). . Donatsd serceS and facllltl8s are inclkKled at thg V81u8 to tha charity whère this can be quanlffiwl. . Gifts In Pand are accounted for at a reasonatle 8stimato of th91r valuo to the ¢hwlty or the amount aetualty malised. * Volunteer lime. the VBlue of voluntsry 8ilPPOrt for Ihe work ofthe church is Ml Iuded in tho accounts but is descrsbed in th8 Trust888' anmjal report. . Invsstment Income is Induded Sn the accounts when recOab.
Harborough Communlty Church Trust Year Ended 31st Octobor 2025 Notes to the Flnanclal Statements R8wur¢•s Expended Exp8ndilure is recognlswl on 8n accrud basis as a Ilabillty Is IrKurrgd. Li8bilhks are recconlse(J where il is more lik8ly than not that there 1$ 8 legal or constructiv$ obli9allon ccmmitbng th8 chartty to pay out th8 resources and Iha omount of the obllgalion Can b8 measured reasonable certainty. Gov•rnanco Costs Induda oosts of tho prepaTaUon and examination of staluw &eounts. the costs ofthe trusteos, mggllngs 8nd the cost of ony legal advlce to truste08 on govemance or ¢onstilutional mattets. Ll•blllty Rèeognltlon LlabllKles are recognS88d a$ 800n as Ih•r• 1$ alogal or conslTuclfve 014igation Mmrj the Charfty to pay out r&sources. Tanglble Flxod Assets All assets costing more than £750 are capitallsed and at hislorfc ojsl. Flxed a888ts are staled at cost less accumLtlatgd dèpr8ciation. Depr8clallon is WTittan off on a straight-line basls over tlme vstimated useful lifg of the asset. Land and buildings aro not dep181e11. Equlpmenl 4 to 10 yoars slraight4ine Fdlowng th8 charlty's transilKJn from Rgcaipts & Payrnnts accounts lo a¢cruaLs accounts pr•pargd under Ihe Charlts¢s SORP {FRS 102). the ¢harfty's land ond buikJlng5 were indopènd¥nty prof8ssionaly valued in order to establish an approprlate de&m8d cost on transitn. trustees adopted IhS$ valuation a$ thg dogmed histori¢ CA)St of propèrty wlthin the finandal $talemenls. The trusieos (lo not depreclate freehold land artrd buildings. Due lo the age. nabjro and expected longevty of th& Church propety. tho Iruslees rnnsidgr that it is not possibl& to rellably estimale thg usefij economic lrfe of the bulding and tharefore no depreciation charge 15 applled in rgspg¢X of land and buSldin9S. Th8 trustegs vIeW the Cang value of land and bulldlngs annuaNy for indlcalor8 of impalrngnt antl )Uld make approprfats provision rfthwg was evldence that the ¢aryng lue materIal hjgher than re¢ovgrable amount. Ponn6 The charlty operates a defined contrfbution pension theme. Contrfbuuons are charged to tho Slatem8nt of Finanaal AGtivltigs as they becomo poyable in accordan¢g with th8 rules of the scheme. OporatSng L05 Rental charges payable under opor8Ung leases ate Charg on a slra*3ht Ine ba$1$ over th8 terms of the lease.
Harborough Comrnunity Church Trust Year Ended 31st October 2025 Notes to tho Flnanclal Slatemonts Taxatlon The chaty Is exempl from tax on Its charrtable activ111. JudBem•nts and K•y Sour¢•8 of Estlmatlon Un¢ertaliity Thgrg have been no significantjudg8m$nls lapart frorn thos8 involving estimatss) made In the procèss ol propariNJ the financial ststomnts. There have been rKJ kay a5surnptions concerning the futur8 and other key s¢)urce5 of •stimalion uncertainty at the reporting dat8 that havé a srgnfficant risk of ¢au8Sng a rnalerial adjusknanl to the carrying •mounts of assets and liabuities within the noxt flnan¢181 >ar. io
Harborough Community Church Trust Year Ended 31st October 2025 Notes to thè Flnanclal Statoments 2 An•lysis of Ineom• Unrestricted Rstrl¢ted Total Funds Funds Fund$ 2025 Donations and Logacl Donalk)ns Grft Gift in klnd 243,408 56,205 2.807 350 246.27$ 56.555 299.613 3,217 302.830 Charftsble PUvltl•s Coffee Shop Inc<4ne Evènts Room Hlre 64.996 7.000 16.343 64996 15.735 16,343 88,339 8,735 97,074 Othor In¢om• Bank Inler8St Other Income 1,282 30 1,282 1,312 1.312 Total Income 3892fj4 11,952 401.216 Unrestrictsd Restrfded Total Funds Fund8 Funds 2024 Donatlons and L•g*¢los Donations GlItAd Gtft in knnd 194,325 37.684 1,7C 233,709 1LX),384 11.340 294709 49,024 1,700 111.724 344433 Charltable Actlvltl•$ Coffee Shop In¢omo Events Room Hi 56,871 3.187 19.504 56.871 5.817 19,504 82,192 2,630 79.562 2.630 Oth•r kncom Bank Intorest other Income 743 208 743 951 951 Total Income 314222 114,354 428,576 li
Harborough Comrnunity Church Trust Year Ended 31st October 2025 Notes to the Flnanclal Statements 3 Paym•nts on Charttabl• A¢tlvltl•s by Fund Typ• Unreslrtcted Re5tsided Total Funds Fund$ Fund5 2025 Admlnlstralkjn BuildiTrJ ChurGh Events Church GlAng Coffeo Shop Ilnduding Staff Co) Slafflng Sundays, Church & Oulrgach Training 17,305 29.571 4,706 27,676 59.435 181.651 27,526 2.118 17.305 29,571 11,965 30.085 59.435 181.651 27.520 2,118 12.259 2,È109 349.986 14.668 364,656 Unrestrtctgd Restrictsd Tot•1 Fund$ Fund5 Funds 2024 Admln18tralon Bullding Church Events Church GSving Coff99 Shop Ilncluding Staff Costs) staffing Sundays, Church & Outreach Training 14,542 34,092 2,571 20,892 48.303 148.802 19,470 1.814 14.542 96252 6,184 46.755 48.3D3 148.602 19.470 1.814 62.160 4.113 25,863 290.286 92,136 382,422 4 Volunt••rs Th8 ¢hurch benefits gr8atty from th¢ voluntary cothbutScfi$ ol time and mongy by Its formal membor8 and regulor attendee5. Ploas8 r•for to the trustee's rgPCIrt for lurther details about volunteer ¢ontribub)n$ to the 0fg8nlsatn. 5 Ind•p•ndont Examlnatlon Fe•8 Fees pay8ble to the Indepèndent examlnor for 2025 2024 Independent ex8mlnHtion and preparation ofthe financial stslements 1.800 1,747 12
Harborough Communlty Church Trust Year Ended 31st October 2025 Notes to tho Financlal Statements 6 Stsff Costs The total staff ¢osts and employ88 banefts for the r8porlng perlod are anatys8d 25 follows: 2025 2024 Coffe• Shop Employ Cwt$ Woges and SaL8e$ SoGlal sgcurity costs Employer contributions to p*n$ion plans 25.134 19,761 183 183 25,317 19,944 Church Employee Costs Wages and salarf Social seGurrty cos15 Employer contributions to ponslcm plans 167.304 7.177 7,170 134.422 4,786 4,394 181.651 143,602 Total Employ Co•ts 206,968 163,$46 Thè avoJ4ge headcount of empbye6s durfng the year was as follows.. 2025 13 2024 Average Headcount io No ernployo05 rgceNed employeo bgneffits of more than £fjO,000 durfrg the year. Key Manag•m•nt onnel The Key Managernenl personnel of the charity are o)nshJered thè Trn6tses Ilstsd in the l&g81 and administrat• Fnfomalion 7 Trust•• R•mun•rnti+)n and Exp•ns•s Durlng the year three {2024'. ong) truste88 Irred out ol po¢k8d expenses [ch prfmarlty rek91ed to church outreach and Apha course activities. refrgshm&nts and consumables. mlnor bulldlng and lechntcal items, audiovvisual 8quipm•nl, and office oqulpment purchased on bghalf of thg oharlty. The total expenses in¢unBd during th8 ar was £3,951 (2024.. £9001. Durfng the year the total aggregalod donallons mode to the charlty by th8 trust89s durirrfd the year wos £13.695 {2024.' £22,959) . 13
Harborough Community Church Trust Year Ended 31st October 2025 Notes to the Flnanclal Statements 8 Tanglbk FIX As$•ts Fr8el)old Land and Buildings Equipment Total Cost a3 al 1st Novamber 2024 Aodditions 1.000.0 75.637 10.848 1,075,637 10.848 Cost as at 31st October 2025 1.000,000 86,4BS 1,086A85 Doproci8tion as al 1st Novembw 2024 Dopreclatlon charge 11.673 10,957 11,673 10,957 DeplatIOn as 8t 31st O¢lobor 2025 22.fj30 22.630 Not b(K*k valu• a$ at 31$1 O¢tobor 2025 1.000,DDO 63,855 1,063,855 Nel trthk value as at 31st l)ctober 2024 1,000,IJOO 63.964 1.063.964 Land and buV(Ings are thludod fixed assets at deerwl CA)81. Duriw the year, thè chailty obtained an Independant profassional valijation of the church propety In order to establlsh an appropriate deemed cost follng tho charity$ tran$ilion lo accruals occounJr@ undgr FRS 102 and thg Charitigs SORP. The valuatlon was carried out by Ravi Seth MRICS as at 1 September 2025 ond has al$0 bo¥n rgflgctgd wlIn the comparat9 figures for th& priu year. The charity Ls not adopng revaluatM)n model for lan¢J and buildings. 9 D•btors 2024 Trade debtors Accrued Ineom• Prepaymen18 777 15.168 1,533 832 3,816 17.478 5,633 10 Cr•ditots: amounts falllng du• wlthln on• y 2025 2024 Accruals Trade crediiors 5,981 614 13,948 1.723 6,795 15.671 14
Harborough Community Church Trust Year Ended 31st Octobor 2025 Notes to th• Financial Slatsments 11 Analysls of Ch•rllablg Funds Vnr•8trfct•d FundJ 31 Oct 2025 1 Nov 2024 Income Exp8ndilur8 Transl8rs Unr•strlet•d Gener 205.249 389,264 1349.9881 825 245,350 D•slgnated Flxed asset bulkllng fund Total Unrestrletsd 1,000,0(IJ 1.000.000 1.205,249 389364 1349.988) 825 1245.350 Ro$trld•d Fund$ Borehole (Malawl) Hardsttip fund Mi8sK)n Gift day Speaal offgrfng$ N&wday Total R•strlet•d 173 125 {1,6631 14801 5,791 5.436 18251 25 266 10.588 1266} 112,2591 (14668) 2,227 9.671 11,952 {825) 6,130 Total Funds 1,214,920 401316 1364.656) 1351,480 Fund Transfers Gtft day The Audlo vrsual equipment purth8swJ wlth the Glft dayoffering has been recoynlsed as fixed assets on the aUnts and held In the Genoral Fund for depreciation. 15
Harborough Community Church Trust Year Ended 318t October 2025 Nots8 to the Financial Statements An•ly$i$ of Clwlt•1 Funds cort 31 Oct 2025 1 Nov 2024 Income EXnditrI Transfers Unrestricted Gener 156.018 314.222 1290,286} 25,295 205.249 Deslgnat•d Fl¥gd assgt bulkllThJ fuThJ Totsl Unrestrlcted 1.000,000 1.000.01)O 1,156.018 314,222 1290.2861 25.295 1,205.249 RtrIcI0d Fund$ Borehole IMalaw51 Hardshlp fund Missk Glft day Sp8ual offerings Nowday 1,328 8.308 207 275 257 1207) 109,505 572 3.952 1,603 $791 12,774) (84,1601 11.089 14,1131 {92,1361 125,295} 50 517 2.388 2,227 Total R•strlcted 12,748 114354 P5.295} 9.671 Total Fund• 1,168.766 428.576 (382,4221 1,214.920 Fund Du¢rlptlon8 The Malawi Borehole fund rdte8 to fvnds donatsd for this specrfic puwg. The Hardship fund rel8t88 lo donatlons gNen spe¢ifi¢alty to hdp peopfe in need. The MJssk)n fundls for donations gwen lo mlsslonaries $UPFted by thg church. The Grft dayfund Is th)nallon8 made towards the hall refurblshment and AudK visual up9rad8. £22.¢X)O Ihese donatlons were to misskn partners. The Newdsy fund Telatos to fundrwslng and ticket Sal for a NrIontiets Uth festival. 16
Harborough Community Church Trust Year Ended 31st October 2025 Notes to th• Financial Statements 12 Analysls of N•t As80ts B•tw••n Funds Unrestricted R8strthJ Total Funds Funds Funds 2025 Fix8d assots Current a$$ets Creditors105s than 1 year 1.063.855 188,290 16,7951 1.245.350 1.063,855 1¥420 16.7951 1251,480 6,130 6.130 Unreslrlcted Restricted Total Funds Funds Fund5 2024 Flxwj assets cuent assets Credltors less than 1 yoar 63,964 156,956 (15.6711 205,249 63.964 166,027 115,6711 214,920 9,671 9.671 12 R•l8tsd Party TranBactlons There were M rolated paty transact1$ which took place during tha b*ar12024.' £01. 13 Detalled Exp•ndltur• Br••kdown of Charltabh ActMU•s Unresthct•d R¢strthd Total Funds Total Funds Funds Fund$ 2025 2024 Admlnlstrntlon Audit Fees Bank Charges Consulting and otherfees Elders & Tr6$ costs Insurance Local Travel Pholocoplor Postag• & Po¢king Ststionery Subscriptlms & Llcences Technical Eyp8ns8s Telephone & Intemel C)ffice Equlpment 3,461 570 575 139 2,417 3.461 570 575 139 2,417 1.747 457 2.075 2.371 563 528 72 875 875 897 5,819 25 1,093 1.119 897 5.819 107 1.111 1,093 1,119 17,305 17,305 14,542 17
Harborough Community Church Trust Year Ended 31st October 2025 Notes to tho Flnanclal Statements DetaIlEXpendmUre broakdown of ¢harllabl• •¢tlvltt•s Unrestrictsd Restricted Total Funds Tolal Funds FuTrJs Funds 2025 2024 Bulldlng & Wual Equipment Cleaning DapT8clatknn of assats Fumltur•. FIxtu$ & Filtings Catsdng equlpmenl Garden Grft Day buildiry project Repairs & Maint9nan¢e Utilth8s (Hèa( Light, Poworl 962 2.472 10.957 1,627 2,203 9,5TT 1,406 250 90 62,160 7,712 11.227 2A72 10.957 394 87 380 380 2.237 12.102 2.237 12.102 29.571 29.571 96,252 Church Events Events Newday Feslval equipment Newday Fests'val gxpondlture 4.706 4706 2,571 102 4,011 4.706 4.7Q6 6,684 Glvlng Dis¢rolionary Giving110%1 Glvlng Partner 1 (Keith Smllh) Giving Parlner 2 IAdvan¢g) Gwing Pather 3 (Lapson Mbèw81 Givlng Partner 4 (Harborough Misslcffil Guest Speakers Hardship Special Offerfng$ Tithe of Grft Day Borehole (Malawi) 7,895 7,895 3.600 8.988 1.200 1,899 3,61)J 8,816 5,209 1,173 2.774 1,089 22,000 27.676 27,676 48.755 Coffee Shop Coffee Shop Expernses Coffoe Shop Wages 34,118 25.317 34,118 25.317 28.359 19.944 59.435 59.435 48.303 18
Harborough Communlty Church Trust Year Ended 31st October 2025 Not•s to tho Finan¢lal Statements DetallodExpondlturn brnakdown of charit4ble a¢tivitms Unrostrthd Ro$lri¢t811 Total Funds Totd Funds Funds FurKIs 2025 2024 stafflng Staff Costs- Salarleslwoges 181.651 181.651 363,302 181.651 181.651 363,302 Sunday81 Chureh & Outr•ach Alpha course Community Groups Conferencas ElderslSL7ff Away Ernal Prfnlng Flow&rs & GKts Food 8 Beverage Hosphality lfjds Ministy Library Books Men's Mlnlslry Outrwh Ents Preachlno Resources Sp•¢ial Events (MolherslFathgrs Easter Chrfsth Sunday Servicos Volunle8r Apprecialion Website 1.866 79 6,005 709 50 1,012 3.528 1.124 1.151 662 3.172 450 6.005 709 50 1.012 3.528 1,394 2,108 1,254 1.575 1,721 1.478 1,n1 1.478 358 856 459 188 1,116 1.511 3,875 773 29 529 549 371 3,402 772 Women'$ Minlsty Engag8 14 Enga9e 18 Youth mir$ Adults 20$ 1.447 305 1A47 305 523 523 472 472 27.742 27,742 19,470 TralnlnB Tralning 2.118 2.118 1.814 2.118 2.118 1,814 Totsl Expgndlturo 350204 350.204 597,122 19
Harborough Communlty Church Trust Y•ar Ended 31st Odobèr 2025 Notos to the Financial Stalemenls 14 Prior Perf4)d AdluJtm•nl Durfng the prforfinanclal year. the charitytransitioned from Recelpts & Payments 8ccounts to ae¢rua15 accounts prepared in accordance wlth the Charffje8 SORP IFRS 102). At the pnt oftransition, tho charity's church prop6rty had not bo&n formallyv81u8d and thoreforg had not boon TKognI wlthln fixed assets in the financial statgments. During the ¢urr¢nt ffinanclal year. the truslees obtained an independent professlonal v81uation of the ¢hur¢h propety located at 121 Streèt. Market Harborough. The valuatlon, undgrtoken by Ravi Sèth B.Sc. (Honsl MRICS as at 1 September 2025. e8tsbll8h8d a mark81 value of £1.000.000 which has been adopted as the dèemed cost of the prop8ty on Iran5tUon to aal$ accujnllng. A8 a result, a pdor period adjustment hos Wn made to recognise the property withln flxed o$s¢ts and coThesponding n$1Cled rjesignaled funds within tho comparalive finanaal statements foi Ihg year ended 31 October 2024. Th9 gffget ofthe prior period adjuslm•nt is 8ummarised bekw. Incr&a88 In tanglble flx6d assets Increase in designated unreslri¢t8d funds 1.000.000 1,000,(XN) The charity has elected lo hold the propety at 498mgd cost and Is rnt applying an orwing r8valuatk*n model in respect of land and bulldlw5. 20