Servallt Trnst- A Compaoy Limited by Guaralltee Statement of financial activities incorporating income and expenditure ac¢ount Statement of financial activities Sep-23 Aug-24 77.481 3.500 41.443 2.180 2.5 1.730 1.400 21.414 151,648 Incomin Tithe 50S Mission UCO Belfast Income Alms Misc. Income Event Income Grant Income Gift Aid Total Incoming Resources Sep-24 Aug-25 78,319 3.51)0 47.837 904 Resources 18 2.580 2,200 20.962 156.320 Resources Ex ended Choritable Activity Charis Expenditure Charis Overheads University Christian 0[rta¢h Mission Alms Grants Totsl Resources Expended 72.406 12.960 70.801 129 71.105 10.728 66.678 105 2.160 950 158.456 149,566 Net In¢ominE Resour¢es for the Year. -6.808 6.754 Funds Balance Brought Forward Adjustment (Borcloy AccountAo Fund Balances Carried Forward 34.692 898 28,782 20 35,556 28,782 Page15
Servant Tt- A Company Limited by Guarantee Sthtement of balance sheet Sep-23 Aug-24 Net Assets Fixed Assets Sep-24 Aug-25 Current Assets External Oébtors Short Term Deposits Cash at Bank and in Hand Danske Bank- Charis Danske Bank_ UCO Oanske Bank_ Charis Youth Barclays Bank_ UCO Total Current Assets (uco) 4.948 25.546 20,409 7,455 2,200 832 28.782 35.556 less Creditors and Income in Advance £28,782 £35,556 Fund Balances Aug-24 Aug-25 Charis General Fund UCO General Fund Chari5 Youth Fund UCO Fund {Barclay5) Kenya Medical Atms Total Funds 23,046 20.409 12.403 2,200 1.400 832 2,500 28,782 35,556 The financial statements wer¢ approved by the directors on on thcir b¢half by: 4 May 2026 and signed Desmond Dick Ick. Truee Page16
Servant Trust- A CoMpY Limited by Guarantee Notes to the financial statements- Accounting Policies For thc year ended 31 August 2025 Basis of preparation orriuallcial ytatements The fiJRancial ststements have been prepared in accordance with Aceounting and Reporting by Charities.. Statement of Recommcnded Practtce applicable to ¢lwities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS l(r2} and the Companies Act 2006. Servant Trust meets th¢ definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction valu¢ unless otherwise stated in the relevant accounting policy. ReconcRliation with previous Generally Accepted Accounting Pracliee In preparing these accounts, the Directors have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. Having considered the key accounting policics it was detern)ined that the prior year figures w¢re not materially impactsd. As such, no restatement of compardtive figures was r¢quired. Company statlls Th¢ company is a cornpany limited bj guarantee. The members of the company are the Directors named on page l and the Company Secretary. ln the event of thc company" beittg wound up. the liabillty in respect of the guarantce is limited to £10 metnber of the company. Fuud ac¢ountiDg GeneraI funds are unrestricted funds which are available for use at the discretion of the Direclors in furtherance of the general objectives of th¢ company and which have not been designated for other purposes. R¢stricl¢d funds are funds which are to k used in accordance with specific restriciions imw)s¢d by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the Sc]riC fund. Th¢ aim and use of each restricted fund 15 set out in th¢ notes to the financial statetnents. Income All income is recognised once the company has received the income. Income tax recoverable in lation to donations receiv¢d under Gifi Aid or deeds of covenant is T¢cognised at the time of when the amount is re1Ved from HMRC. In¢oJnc tax recoverdble in relation to investment income is cognis¢d at th¢ time the investment income is received. Other income is recognised in the period in which it is receivable and io the extent the goods have been provid¢d or on Completion of the service. Expellditure Expenditure is recognised once transfer of economic benefIt has been made to a third party. Expenditure is classified by activity. The costs of each activity are made up of the total of direct Costs and shared costs, including supw)rt costs involved in undertaking ea¢h activity. Direct costs attributable to g single aetivity are allocated directly to that activity. Shared costs which contributc to more th2n one activity and support ¢osts which are not attributable to a 5inglc aclivity arc aprtIoned between those actlvilies on a basis consistent with tk usc of resources. Governance costs are those incurred in connection with administration of the company and complian¢e with constitutional and statutory requirements. Charitable activities and Govemance costs are costs incurred on the company's educational operalions, including support costs and costs relating to the governance of the ¢oTnpany apportioncd to charitablc activiiies. Page17