Charity Registration No. 800752
BANBURY EVANGELICAL FREE CHURCH
FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31 MARCH 2025
Table of Contents
Pages 1 - 2
Trustees' Report
Page 3
Independent Examiner's Report
Page 4
Receipts and Payments Account
Page 5
Statement of Assets and Liabilities
Pages 6-8
Notes to the Financial Statements

BANBURY EVANGELICAL FREE CHURCH
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025
The trustees have pleasure in presenting their report and the Financial Statements of the Church for
the year ended 31 March 2025.
Reference and Administrative Details
The Church is a Registered Charity no. 800752. The address is: Banbury Evangelical Free Church,
c/o Mr D Maciver, 13 Denchfield Road, Banbury, Oxon, OX16 9EB.
The charity trustees for the purpose of these accounts comprise the Elders & Deacons of the Church.
The Elders & Deacons during the year were as follows:
Mr D CS Cooke (Pastor)
Mr A Johns (Deacon)
Mr D N Maciver (Deacon)
Mr D P Neal (Deacon)
Mr D A Umpleby (Elder)
Dr M P Wareing (Deacon)
Structure, Governance and Management
The Church is constituted as an independent church, and the governing document is a Trust Deed. The
Elders and Deacons are elected by the Church Meeting.
The Elders meet regularly to discuss pastoral matters, and they meet monthly with the Deacons to co-
ordinate practical matters. Reasonable steps have been taken to ensure the prevention and detection
of fraud and other irregularities and to provide reasonable assurance that:
1. The Church is operating efficiently and effectively;
2. Assets are safeguarded against unauthorised use or disposition;
3.
Proper records are maintained and financial information is reliable;
4.
The Church complies with relevant laws and regulations;
5. The systems of control are designed to provide reasonable, but not absolute, assurance against
material misstatement or loss. These include:
(a) Monthly consideration by the Trustees of the financial position;
(b) Delegation of authority and segregation of duties;
(c) Identification and management of risks.
Objectives and Activities
The Church's aims are to spread the gospel of the Lord Jesus Christ and to edify the congregation
through the preaching and teaching of God's Word, and the circulation of good Christian literature.
Achievements and Performance
Regular church services continued throughout the year, with steady congregations at both morning and
evening services. A creche and junior church are provided for young children; these take place during
the sermon.

BANBURY EVANGELICAL FREE CHURCH
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (Cont.)
Achievements and Performance (cont.)
We continued to operate a monthly book stall on Banbury Market, and monthly open-air preaching, as
well as regular leafleting of homes across the town. In August we were able once again to have an
Outreach Week of concerted evangelism, which enabled more people to hear the gospel. This resulted
in some very fruitful conversations. The church continued to hold a monthly service in the Larkrise and
Glebefields care homes. We continued to put on occasional coffee mornings throughout the year for the
benefit of the community, at which a short Christian message is given. The monthly children's club for
children from 4 years old and upwards has been very encouraging, with church children and an
increasing number of non-church children attending. The separate ladies' and men's meetings also
continued on a monthly basis.
The church continues to support a number of Mission organisations and individual missionaries, and
deputation meetings are held from time to time from these Missions to increase the awareness of the
congregation of the gospel work going on in other places. As part of his work, the pastor visited churches
and numerous individuals in Sri Lanka in the year.
Public Benefit
In carrying out its activities in the year under review, the trustees have had regard to the public benefit
guidance issued by the Charity Commission, and are satisfied that the activities mentioned above have
all been for the public benefit.
Financial Review
Funds were used to pay the Pastor's salary, to pay the rent for the buildings the Church uses for
meetings, to provide premises for the use of the pastor, to support Missionary organisations, to provide
literature and to fund various outreach activities.
There is a significant long-term reserve for the acquisition of a church building at some time in the
future. All unrestricted funds above £40,000 are designated to the Building Fund (this is in addition to
restricted fund monies given specifically for this purpose. Church funds are invested at low risk and
yield a modest return.
As shown in the Receipts and Payments account on page 4, there were net receipts of approximately
€18,600 spread across the funds (2024: £17,200), before adjusting for an unrealised loss on
investments. Overall, the state of affairs of the Church is considered to be satisfactory. The Trustees
regularly review the reserves of the Church, to ensure that sufficient liquid funds are available to meet
ongoing obligations.
On behalf of the Elders & Deacons
25/"1/25
Trustee

INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF BANBURY EVANGELICAL FREE CHURCH
I report on the accounts of the Church for the year ended 31 March 2025, which are set out on
pages 4 to 8.
Respective responsibilities of trustees and independent examiner
The church's trustees are responsible for the preparation of the accounts. The trustees consider
that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011
Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
• follow the procedures laid down in the General Directions given by the Charity Commissioners
under section 145 (5) (b) of the 2011 Act; and
• state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, seeking explanations from you as trustees concerning
any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a 'true and fair' view and the
report is limited to those matters set out in the statement below.
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 which give me cause to believe that, in any material respect:
• the accounting records were not kept in accordance with section 130 of the 2011 Act; or
the accounts do not accord with the accounting records; or
• the accounts do not comply with the requirements of 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.
Pantie
25/11/2015
PAUL SANSOM
DO WOODMAL DRIVE
BANGRY
oxi6 qTy
3

BANBURY EVANGELICAL FREE CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2025
Unrestricted
Receipts
Voluntary Income
Charitable Activities
Investment Income
Total Receipts
Payments
Cost of Generating Funds
Charitable Activities
Governance Costs
Asset Purchases
Total Payments
Net receipts
Transfer between funds
Cash funds brought forward
Cash funds carried forward
66,239
12,271
78,512
597
66,002
175
66,774
551
67,325
11,188
1,060
244,886
257,134
Restricted
Funds
13,820
:
13,820
8,449
6,449
6,449
7,371
(1,060)
95,198
101,509
31st March
2025
€
80,059
2
12,271
92,333
597
72,451
175
73,223
551
73,774
18,559
340,084
358,643
31st March
2024
82,835
137
7,586
90,558
654
70,853
340
71,847
1,525
73,372
17,186
-
322,898
340.084

BANBURY EVANGELICAL FREE CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31ST MARCH 2025
Unrestricted
Funds
Assets
Cash Funds
HSBC
Redwood Bank
Virgin Bank
Hampshire Trust
Paypal
60,194
77,765
43,761
415
182,134
Investment Assets
COIF Charities Property Fund
75,000
257,134
Assets retained for charity's own use
Equipment
Electronic/Computer Equipment
Liabilities
Due within one year
Approved on 25th November 2025:
Trustee
Restricted
Funds
10,379
91,131
:
101,509
-
101,509
Cost
998
3,347
Nil
31st March
2025
60,194
88,144
91,131
43,761
415
283,643
75,000
358,643
31st March
2024
50,729
84,999
87,390
41.965
265,084
75,000
340,084

BANBURY EVANGELICAL FREE CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
(a) Basis of Accounting
The financial statements have been prepared on the receipts and payments basis as
permitted for charities with gross income below E250,000, in accordance with the Charities
Act 2011 and the Charity Commission's CC19 - Receipts and Payments Accounts guidance.
The accounts record only cash received and paid during the year and therefore do not
include accruals, prepayments, depreciation or other non-cash items. A Statement of Assets
and Liabilities is presented as a separate note.
(b) Fund Accounting
The charity maintains the following categories of funds:
• Unrestricted (General) Funds - funds available for the general purposes of the
church
• Designated Funds - unrestricted funds which have been set aside by the trustees for
a particular purpose
• Restricted Funds - funds given for a specific purpose as determined by the donor or
by the terms of a fundraising appeal
Designated Funds operated by the church include:
• Designated Building Fund - unrestricted reserves designated by the trustees to
support the long-term objective of acquiring a church building
• Designated Mission Fund - unrestricted income designated by the trustees to support
missionary organisations
Restricted Funds operated by the church are as follows:
• Restricted Building Fund - held to support the long-term objective of acquiring a
• Benevolent Fund - for providing assistance to individuals in need
• Sri Lanka Fund - supporting mission and ministry work in Sri Lanka
• Albania Fund - supporting mission and ministry work in Albania
Transfers between funds are made when approved by trustees and are disclosed in the
Funds Analysis note.
(c) Incoming Resources
Donations represent cash received during the year, including offerings, gifts and other
voluntary income. Gift Aid tax repayments are included once received.
Income from charitable activities comprises the sale of Christian books and other materials.

Investment income includes interest received on deposit accounts and dividends received
from investments held in the COIF Charity Property Fund. Income is recognised on a
receipts basis.
(d) Resources Expended
Cost of Generating Funds includes the costs incurred in promoting the church and its work.
Charitable Activity expenditure consists of all costs directly connected with meeting the
objectives of the church and furthering its ministry.
Governance costs are those associated with the statutory and constitutional requirements of
the charity.
All expenditure is recorded when paid.
2. Employment Information
The average number of employees during the year was 2(2024:2).
No employee received remuneration of more than £60,000 during the year.
The church operates a workplace pension scheme through NEST, and employer
contributions are included within payments for the year.
3. Trustee Remuneration and Related Parties
No trustee received any remuneration or benefits from the charity during the year, apart
from Mr David Cooke who was paid in his capacity as pastor of the church.
There were no related party transactions requiring further disclosure.
4. Funds Analysis
(a) Designated Building Fund
The trustees' policy is that any unrestricted General Fund balance in excess of E40,000 is
transferred to the designated Building Fund.
During the year, an amount of E11,642 was designated in this way.
(b) Prior Year Transfers to Restricted Funds
In the previous accounting year, transfers of E357 to the Sri Lanka Fund and E703 to the
Albania Fund were made from the General Fund. These transfers were solely made to avoid
showing negative restricted fund balances at the previous year end, where Gift Aid
repayments relating to donations in those funds had not yet been received from HM
Revenue & Customs.

As the relevant Gift Aid repayments were received during the current year, these have been
applied as income in those restricted funds and those transfers previously made have been
reversed to reflect the correct position of the restricted funds.
(c) Negative Balance on Sri Lanka Fund
At 31+ March 2025, the restricted Sri Lanka Fund shows a negative balance. This represents
Gift Aid repayments due, but not yet received, from HM Revenue & Customs in respect of
donations made during the year.
This balance is a temporary timing difference and it is the reasonable expectation of the
trustees that the balance will be cleared once outstanding repayment is received in the
following financial year.
Detailed fund analysis is shown below:
Brought
Forward
Incoming
Expended
Transfers
Carried
Forward
Unrestricted
Funds
General Fund
Mission Fund
Building Fund
Restricted Funds
Building Fund
Benevolent Fund
Sri Lanka Fund
Albania Fund
Totals
40,000
1,891
202,995
244,886
68,646
9,866
78,512
(58,065)
(9,260)
(67.325)
(10,582)
11,642
1,060
22400
214,637
257,134
92,353
2,845
:
95,198
340,084
7,225
100
5,792
703
13,820
92,332
1649)
(6.449)
(73,774)
(357)
(703)
(1,060)
99,578
2,945
(1,014)
101,509
358,643