**REGISTERED CHARITY NUMBER: 518785** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **FOR** **HARVEST CITY CHURCH** Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester LE1 7RU **HARVEST CITY CHURCH** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025** **----- Start of picture text -----**
Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 18
**----- End of picture text -----**
**HARVEST CITY CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025** The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the Church as laid down in the Declaration of Trust dated 27 March 1987 are: 1. The advancement of the Christian Faith in accordance with the doctrines set out in the underwritten Fourth Schedule and the worship of God in the said County and elsewhere by any means whatsoever including (but not by way of limitation) the preaching and proclamation of the Christian Gospel and the teaching of the Christian doctrine and principles and the pastoral care of the Christian people and the printing and distribution of the Bible and Christian literature. 2. The relief of persons who are in conditions of need, hardship, distress or who are aged or sick. 3. The advancement of education on the basis of Christian principles and without prejudice to the generality of the provision of such education in any educational establishment and if the trustees so decide, the provision of one or more charitable educational establishments for the general education of children or adults on the basis of such Christian principles. The trustees have had due regard to the guidance published by the Charity Commission on public benefit as required by the Charities (Accounts and Reports) Regulations 2008. ## **Significant activities** The Church is involved in many programmes for the local community, including children and youth groups, and regular groups running activities for older people. The Church also has members coming from many different cultural backgrounds and is recognised as a Church promoting multicultural understanding. Page 1 **HARVEST CITY CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **ACHIEVEMENTS AND PERFORMANCE Charitable activities General Church Activities** The Church meets every Sunday morning in person. Our congregation includes people from over twenty different nations of the world reflecting the diversity of our city. There is a meeting every Tuesday evening for the purpose of Bible teaching. Our Partnership classes are for those wishing to join the Church or get baptised. The classes this year have resulted in adding twelve new members. The format changed from having classes running alongside our Tuesday night services to having them on a Saturday afternoon. This meant reducing the period of sessions to complete the partnership course was changed from sixteen weeks to three afternoon sessions over three months. This has proven to be a success for everyone involved and allows us to better engage with people. During the year, we reviewed our pastoral structure to ensure it better supports community, connection and spiritual growth. As part of this process, Life Groups were replaced with four geographically based Districts covering the whole of Leicestershire. Each District is led by an Elder couple supported by a small leadership team, providing a clear and accessible pastoral framework. This structure enables us to respond more effectively to the diverse needs of a growing congregation representing a wide range of backgrounds, cultures and life experiences. To make our meetings more accessible to a wider audience we provide a livestream broadcast of our Tuesday services and a recorded version of our Sunday services via YouTube. ## **Children and Youth Work** This is the largest department in the work of the Church. A parent and toddler group 'Cafe Mama', meets every week in our Church premises and enjoys a varied programme of informal meetings and outings. All children up to the age of 11 usually attend Junior Church on Sunday mornings and Tuesday evenings (9 and under). There are over one hundred children in this age group divided into 5 groups according to age. They enjoy a varied programme of games, music and Bible teaching. This group includes children with special needs who are assigned special helpers. The teachers meet regularly to review policies and child safeguarding. The head of the children's work is Mrs Sarah Woods who is herself a special needs teacher. The youth work includes young people aged 11-30 and is divided into two groups. It is open to the wider community and the 11-15 age group, called Ignite, meets on Friday evenings and is expanding in numbers, currently between 55 to 60 children in attendance. The older group aged 16-30, called The Pulse, continue to meet on Saturday evenings and attract between 30 to 35 young people. Both groups have a programme of music and worship, games and Bible teaching. ## **Other groups** The men meet in a group called 'Excel'. The group is a wide range of men from different backgrounds that meet for Bible teaching, singing, BBQs, sports and more. We have introduced Connect Groups to strengthen community life within the church. These groups bring together individuals with shared interests or life stages, creating opportunities to build relationships, enjoy fellowship and offer encouragement and support. Our senior and retired members have an active group called 'New Horizons' which meets every few weeks and has a varied programme of outings, meals, movies, skittles etc. Page 2 **HARVEST CITY CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025** The Church also runs a group for NHS staff, especially junior medical staff and medical students, which is called 'Medics Corner'. This is mainly supportive in nature and includes discussions on ethics and other topics of relevance as well as sharing up-to-date medical information. It is run by two of our partners who are GPs. ## **Relationships within the community** Our many groups and activities are open to all of the community and attract regular visitors, especially our youth work. We have an 'Acts of Kindness' initiative to encourage people to donate food to be given to those in need, especially during the Christmas period. ## **Relationships with other churches** Our senior pastors, Chip and Sarah Kawalsingh, were trained at the International Bible College in Portland, Oregon, USA. They regularly visit other churches in many countries including Canada, the USA, the West Indies, the Netherlands and Japan to encourage and help pastors and churches. Other Church members including members of our youth group also accompany our pastors on their ministry trips and benefit from that experience. Our senior pastors continue to support other church leaders both within the UK and internationally. Our Church has continued to support the work of an orphanage in Hyderabad, India. Our pastor has written a number of books for church teaching. These include: 'Answering Anxiety', 'Giants Will Fall', 'Formation Leadership', 'An Extra Shot', 'God, a Mocha and Me', and 'Partnership Guide'. Other materials include prayer cards - 'Fruits of the Spirit', 'Battle for the Mind', and 'Hope' - and a series of booklets called 'Essentials' on the basics of the Christian faith. Many of these materials are also in use in churches around the UK and internationally. Our Church supports various Christian ministries as mentioned above. These gifts are always discussed with the trustees and approved by them. Recipient organisations include: - Ministers Fellowship West Indies - Light of Life Full Gospel Church (Toronto, Canada) - Life Church (Osaka, Japan) - Iga Ueno Gospel Christ Church (Iga, Japan) ## **FINANCIAL REVIEW** ## **Overview of finances** The Church remains in a healthy financial position. We own our own Church premises in St John Street Leicester and also hire an additional meeting hall at Judgemeadow College on Sunday mornings to accommodate increasing congregation numbers. On 1 February 2025, the church transitioned to become a Charitable Incorporated Organisation (CIO). The trustees undertook this change following careful consideration to ensure that the charity's legal structure appropriately supports its ongoing activities, governance responsibilities and future growth. As part of the transition, all assets and liabilities were formally transferred to the newly established CIO, which operates under the same name. This provided continuity of operations while placing the charity within an incorporated structure, thereby offering limited liability protection for trustees and strengthening the overall governance framework. At the date of transfer, total assets amounted to £1,251,376 and total liabilities were £36,044. Page 3 **HARVEST CITY CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **FUTURE PLANS** The Church seeks to further achieve its charitable objectives during the forthcoming year. It is anticipated that the income and activities of the Church will continue to expand. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Church is controlled by its governing document, a Trust Deed dated 27 March 1987 and was formally registered as a charity on 13 May 1987. The charity was formerly known as Beaumont Christian Fellowship. ## **Organisational structure** Overall responsibility for the Church lies with the trustees - of whom there are nine - with the elders responsible for overseeing the Church. These two bodies, the trustees and eldership, while having distinct roles have common members and between them are responsible for formulating and implementing policies designed to further the objectives of the Church. New trustees are appointed under the authority of the existing body of trustees. The induction and training of new trustees are provided by the existing trustees as appropriate to the charity's objectives. The Declaration of Trust provides for a minimum of three trustees with no maximum limit. The trustees meet on a regular basis and are responsible for the overall policy for running the charity and advising on all matters relating to staffing and finance. ## **Probity and overview** The policies and activities of the Church are currently formulated by a group of nine trustees. The chairman of the trustees and Church senior pastor is Mr Andy Paul Chip Kawalsingh. The trustees have regular minutes from the meetings and all financial decisions including donations and salaries are discussed and agreed upon prior to implementation. The trustees meet every year to discuss and decide the salaries of our leaders Pastor Chip (Andy) and Sarah Kawalsingh. The decision is made by the other trustees and is based on the work they do and the increase in their responsibilities. It is also influenced by the increase in membership and finances. It is noted that they donate around 20% of their salaries back to the Church in gifts and offerings. Three trustees (Chip Kawalsingh, Ian Mann and Tatenda Kandi) are also employed by the Church but trustees themselves receive no remuneration for trustees duties. The trustees also review the accounts and check all policies are up to date and implemented - this has included the Data Protection Act, all health and safety policies and making sure all Junior Church staff are up-to-date in child protection training. One of our trustees, Ian Mann, is in charge of health and safety protocols for the Church and these are reviewed by the trustees every year. These include fire risk assessment, health and safety policy, safeguarding, data protection, and employee complaints policy. The Church treasurer is the trustee Mr JRN Willock and the Church secretary is the trustee Mr INW Ekanayake. Day-to-day running of the Church is carried out by Pastor Chip Kawalsingh with the particular help of Mr Ian Mann (trustee employed by the Church) and other trustees as needed. They are assisted by five office staff: four full-time and one part-time. The music and worship team are led by Mrs Sarah Kawalsingh who is employed full-time by the Church. She oversees the training of new musicians especially from the younger age groups. The Ignite and Pulse groups have their own music bands. Members of the worship team have written new songs over the last few years and the Church has produced two music CDs: 'Salvation is Here' and 'Unveil My Eyes'. ## **Related parties** Details of related parties and transactions with them are given in the notes to the financial statements. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 518785 Page 4 **HARVEST CITY CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **Principal address** Unit 1 St Margaret's Business Centre 14 St John Street Leicester LE1 3WL ## **Trustees** Rev AP Kawalsingh (Chair) Mr LP Venning Mrs T Goffin Mr I Mann Mr N Gallagher Mr J Johnston Mr T Kandi Mr INW Ekanayake (Secretary) Mr JRN Willock (Treasurer) ## **Independent Examiner** Mr P Bott FCA Institute of Chartered Accountants in England and Wales Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester LE1 7RU ## **Bankers** Virgin Money 3 Eastgates Leicester LE1 5YA ## **Solicitors** Croftons Solicitors LLP The Lexicon 10 – 12 Mount Street Manchester M2 5FA ## **Freehold Property** Rev AP Kawalsingh, Mrs T Goffin and Mr LP Venning hold title to the Freehold Property on behalf of the charity. Approved by order of the board of trustees on 29 May 2026 and signed on its behalf by: Mr INW Ekanayake - Trustee Page 5 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARVEST CITY CHURCH** ## **Independent examiner's report to the trustees of Harvest City Church** I report to the charity trustees on my examination of the accounts of Harvest City Church (the Trust) for the year ended 30 September 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. ## **Use of our report** This report is made solely to the charity's members. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our work, for this report, or for the opinions we have formed. Mr P Bott FCA Institute of Chartered Accountants in England and Wales Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester LE1 7RU 2 June 2026 Page 6 ## **HARVEST CITY CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
4
Advancement of Christian faith
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
5
Advancement of Christian faith
Other
9
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
**223,579**
**3,735**
**2,312**
**229,626**
**208,267**
**1,214,719**
**1,422,986**
**(1,193,360)**
**1,193,360**
**-**|Restricted
fund
£
**-**
**1,200**
**-**
**1,200**
**1,800**
**613**
**2,413**
**(1,213)**
**1,213**
**-**|**2025**
**Total**
**funds**
**£**
**223,579**
**4,935**
**2,312**
**230,826**
**210,067**
**1,215,332**
**1,425,399**
**(1,194,573)**
**1,194,573**
**-**|2024
Total
funds
£
537,613
15,528
4,776
557,917
667,018
-
667,018
(109,101)
1,303,674
1,194,573| |---|---|---|---|---| The notes form part of these financial statements Page 7 **HARVEST CITY CHURCH** ## **BALANCE SHEET 30 SEPTEMBER 2025** |Notes
**FIXED ASSETS**
Tangible assets
13
**CURRENT ASSETS**
Stocks
14
Debtors
15
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
16
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|2024
Total
funds
£
427,244
9,241
46,812
752,654
808,707
(41,378)
767,329
1,194,573
1,194,573
1,193,360
1,213
1,194,573| |---|---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 29 May 2026 and were signed on its behalf by: Rev AP Kawalsingh (Chair) - Trustee Mr JRN Willock - Trustee The notes form part of these financial statements Page 8 **HARVEST CITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 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. ## **Income** All incoming resources including donations, gifts and grants are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Investment income comprising interest receivable is included when receivable by the charity. ## **Expenditure** Expenditure is accounted for on an accruals basis inclusive of the attributable VAT which cannot be recovered 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. Costs of charitable activities include those costs incurred in respect of the charity's main activities and providing services for its beneficiaries. Grants payable are accounted for at the earlier of when they are paid or become legally enforceable. Governance costs include those costs incurred in meeting the constitutional and statutory requirements of the charity. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **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 - 2% straight-line basis excluding land Furniture and equipment - 20% on reducing balance All tangible fixed assets are capitalised and included at cost. ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 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. ## **Pension costs and other post-retirement benefits** The charity contributes to 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. continued... Page 9 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Debtors** Short term debtors are measured at transaction price, less any impairment. ## **Creditors** Short term trade creditors are measured at the transaction price. ## **Going concern** The Trustees made the decision to incorporate the charity and as such all trade has been transferred to Harvest City Church CIO on 1 February 2025 with all assets and liabilities being transferred during the year to 30 September 2025. The financial statements have therefore been prepared on a basis other than going concern. ## **2. DONATIONS AND LEGACIES** |Tithes and offerings
Gift aid - income tax recoverable
**3.**
**INVESTMENT INCOME**
Bank interest receivable
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Teaching and bookshop
Advancement of Christian faith
Hospitality and refreshments
Advancement of Christian faith
Children and youth work
Advancement of Christian faith
Donations - Manna Ministries Advancement of Christian faith
Events
Advancement of Christian faith
Room Hire Income
Advancement of Christian faith
Miscellaneous
Advancement of Christian faith|**2025**
**£**
**160,329**
**63,250**
**223,579**
**2025**
**£**
**2,312**
**2025**
**£**
**670**
**-**
**765**
**1,200**
**1,130**
**432**
**738**
**4,935**|2024
£
450,276
87,337
537,613
2024
£
4,776
2024
£
1,826
26
3,488
3,600
2,578
1,031
2,979
15,528| |---|---|---| continued... Page 10 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** |**5.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs (see
note 6)
£
Advancement of Christian faith
**153,047**
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Trustees' remuneration
Staff costs
Ministry expenses
Teaching and bookshop
Hospitality and refreshments
Children and youth work
Royalties payable
Events
Tech and audio
**7.**
**GRANTS PAYABLE**
Advancement of Christian faith
The total grants paid to institutions during the year was as follows:
Ministers Fellowship Global
Manna International Inc.
OSAKA
Ministers Fellowship International
Portland Bible College|Grant
funding of
activities
(see note
7)
£
**10,271**|Support
costs (see
note 8)
£
**46,749**
**2025**
**£**
**73,285**
**61,081**
**-**
**982**
**3,417**
**2,148**
**351**
**6,516**
**5,267**
**153,047**
**2025**
**£**
**10,271**
**2025**
**£**
**4,815**
**1,800**
**3,176**
**-**
**-**
**9,791**|Totals
£
**210,067**
2024
£
219,128
167,170
12,398
7,300
11,385
6,300
149
12,834
22,042
458,706
2024
£
41,994
2024
£
4,156
3,600
21,363
4,443
4,051
37,613| |---|---|---|---| Grants payable to individuals amount to £480 (2024: £4,381). continued... Page 11 **HARVEST CITY CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **8. SUPPORT COSTS** |Governance
Management
costs
£
£
Advancement of Christian faith
**42,511**
**4,238**
Support costs, included in the above, are as follows:
**Management**
**2025**
Advancement
of
Christian
faith
**£**
Rent of premises
**7,584**
Insurance
**1,317**
Light, heat and water
**3,020**
Travel and transport
**9,616**
Postage, stationery and telephone
**3,132**
Publicity
**3,544**
Sundries
**2,835**
Repairs and maintenance
**1,963**
Depreciation of tangible assets
**9,500**
Loss on sale of tangible fixed assets
**-**
**42,511**
**Governance costs**
**2025**
Advancement
of
Christian
faith
**£**
Professional expenses
**154**
Accountancy and legal fees
**-**
Independent examiners remuneration
**3,975**
Bank charges
**109**
**4,238**|Totals
£
**46,749**
2024
Total
activities
£
**25,124**
**2,865**
**7,287**
**55,701**
**9,941**
**3,256**
**11,692**
**12,699**
**31,688**
**(381)**
**159,872**
2024
Total
activities
£
**1,482**
**720**
**3,750**
**494**
**6,446**| |---|---| continued... Page 12 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **9. OTHER** |Donations to CIO
Support costs|**2025**
**£**
**1,215,332**
**46,749**
**1,262,081**|2024
£
-
166,318
166,318| |---|---|---| Donations relate to the transfer of all assets and liabilities to Harvest City Church CIO. ## **10. TRUSTEES' REMUNERATION AND BENEFITS** |Trustees' salaries
Trustees' social security
Trustees' pensions paid|**2025**
**£**
**57,580**
**6,691**
**9,014**
**73,285**|2024
£
172,261
20,006
26,861
219,128| |---|---|---| Trustees' remuneration is made up of salaries paid to Rev AP Kawalsingh £27,045 (2024: £81,135), Mr I Mann £16,309 (2024: £48,670) and Mr T Kandi £14,226 (2024: £42,456). Trustees' social security is made up of contributions of £3,314 (2024: £9,941) for Rev AP Kawalsingh, £1,832 (2024: £5,461) for Mr I Mann and £1,545 (2024: £4,604) for Mr T Kandi. Trustees' pension is made up of contributions of £6,220 (2024: £18,559) for Rev AP Kawalsingh, £2,429 (2024: £7,216) for Mr I Mann and £365 (2024: £1,086) for Mr T Kandi. Remuneration paid to the above Trustees reflects the work performed and their responsibility for the charity. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024. ## **11. STAFF COSTS** ||**2025**
|2024| |---|---|---| ||**£**|£| |Wages and salaries|**108,938**|316,692| |Social security costs|**11,592**|29,501| |Other pension costs|**13,836**|40,106| |||| ||**134,366**|386,299| |||| |The average monthly number of employees during the year was as follows:||| |---|---|---| ||**2025**|2024| |Salaried staff - charitable activities|**8**|7| |||| During the year, the charity employed 8 staff members for a period of 4 months. Following the transfer of the trade to Harvest City Church CIO, these staff members continued to be employed within the charity. continued... Page 13 **HARVEST CITY CHURCH NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **11. STAFF COSTS - continued** Staff costs include salaries paid to related parties of £25,829 (2024: £77,364). Pension costs include contributions for related parties of £4,292 (2024: £11,779). Total remuneration in relation to Key Management Personnel, included within the figures above, amounts to £73,285 (2024: £199,122). |**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
537,613
**Charitable activities**
Advancement of Christian faith
11,928
Investment income
4,776
**Total**
554,317
**EXPENDITURE ON**
**Charitable activities**
Advancement of Christian faith
663,418
**NET INCOME/(EXPENDITURE)**
(109,101)
**RECONCILIATION OF FUNDS**
Total funds brought forward
1,302,461
**TOTAL FUNDS CARRIED FORWARD**
1,193,360|**- 30 SEPTEMBER 2024**
Restricted
Total
fund
funds
£
£
-
537,613
3,600
15,528
-
4,776
3,600
557,917
3,600
667,018
-
(109,101)
1,213
1,303,674
1,213
1,194,573| |---|---| continued... Page 14 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **13. TANGIBLE FIXED ASSETS** |Freehold
property
£
**COST**
At 1 October 2024
**450,124**
Disposals
**(450,124)**
At 30 September 2025
**-**
**DEPRECIATION**
At 1 October 2024
**129,619**
Charge for year
**2,419**
Eliminated on disposal
**(132,038)**
At 30 September 2025
**-**
**NET BOOK VALUE**
At 30 September 2025
**-**
At 30 September 2024
320,505
**14.**
**STOCKS**
Stocks
**15.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Income tax recoverable
Accrued income|Furniture
and
equipment
£
**364,509**
**(364,509)**
**-**
**257,770**
**7,081**
**(264,851)**
**-**
**-**
106,739
**2025**
**£**
**-**
**2025**
**£**
**-**
**-**
**-**|Totals
£
**814,633**
**(814,633)**
**-**
**387,389**
**9,500**
**(396,889)**
**-**
**-**
427,244
2024
£
9,241
2024
£
43,406
3,406
46,812| |---|---|---| continued... Page 15 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Social security and other taxes
Other creditors
Accruals and deferred income
**17.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Manna Ministries fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Manna Ministries fund
**TOTAL FUNDS**|At
1.10.24
£
**1,193,360**
**1,213**
**1,194,573**
Incoming
resources
£
**229,626**
**1,200**
**230,826**|**2025**
**£**
**-**
**-**
**-**
**-**
Net
movement
in funds
£
**(1,193,360)**
**(1,213)**
**(1,194,573)**
Resources
expended
£
**(1,422,986)**
**(2,413)**
**(1,425,399)**|2024
£
8,866
14,884
17,628
41,378
At
30.9.25
£
**-**
**-**
**-**
Movement
in funds
£
**(1,193,360)**
**(1,213)**
**(1,194,573)**| |---|---|---|---| continued... Page 16 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **17. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**Restricted funds**
Manna Ministries fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as
**Unrestricted funds**
General fund
**Restricted funds**
Manna Ministries fund
**TOTAL FUNDS**|At
1.10.23
£
1,302,461
1,213
1,303,674
follows:
Incoming
resources
£
554,317
3,600
557,917||Net
movement
in funds
£
(109,101)
-
(109,101)
Resources
expended
£
(663,418)
(3,600)
(667,018)|At
30.9.24
£
1,193,360
1,213
1,194,573
Movement
in funds
£
(109,101)
-
(109,101)| |---|---|---|---|---| The Manna Ministries fund consists of donations received specifically for the purpose of making subsequent grants to Manna International Inc. for the sponsorship of orphaned children in India. ## **18. EMPLOYEE BENEFIT OBLIGATIONS** The charity contributes to a personal pension scheme in respect of certain employees. The total costs payable in the period were £13,836 (2024: £40,106). continued... Page 17 **HARVEST CITY CHURCH** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **19. RELATED PARTY DISCLOSURES** Related party transactions are detailed under staff costs. There were no further related party transactions for the year ended 30 September 2025. ## **20. GOING CONCERN** The financial statements have been prepared on a basis other than going concern due to the Trustees making a decision to incorporate the charity and as such all trade was transferred to Harvest City Church CIO on 1 February 2025 with all assets and liabilities being transferred during the year to 30 September 2025. The Trustees therefore consider the going concern basis to be inappropriate in preparing the financial statements to 30 September 2025, as such the financial statements have been prepared on the break-up basis. Page 18