Company regislrAlioll numbeT'. SC093015 Ch8rily regjslratioii nuMbei- 11436 Whitchester Christian Centre (A coiiipany limited by guarantee) Annual K¢port and Finan¢io1 Strtennt$ for the Year Ended 30 Julie 2025
WhlÉchesteY Chrlstiaii Centre Contents Reference and Admini5ttativ¢ Dctails TnJsle¢s' Report 2to4 Independent Exaniiii¢Vs Report Statement of Financial A¢tivilies Balae Sljeet 7t08 Noi¢s lo the FiEJan¢ial Staiements 91019
Whitchest¢r Chrlstiatt Centre Reference and Admlnlslrative Det#115 Trustees H M P Miller RRBiett C T Brelt T IV Hattoii P Taylor 11436 Charlty Rex15tr8tlon Numljer Conip&ny Reglstrallon Number SC093015 Tl)e charity is incorporated Scotland. Borthau8h Hawi¢k TD9 7LN Reglstered Offlce A¢¢ount8nts Deans Aecoiinlanls And Bii$ines$ Advisors Lid 27 Nortli Bridge Sireel Hawick Scottish Border5 TD9 9BD Page I
Whitchester Chj'istian Centre Trustees, Report The trustees, who ale directors for the pury)oses of tolpAttY law. present the anijllal report logetlier wryth the finaneial ststteJienls of the ch&rilabl¢ ¢oinpany for Ilie year ended 30 JuiJ¢ 2025. It is wilh great s&dnes$ tliot we report tliat Helen Mill¢r, long-standing Dir¢¢lor and Ttuste¢ of W]iiichest¢r Christlots Centre, died on 13111 October 2025. Objeetlves #nd Aetli,Itles ObJe¢ls rtiirflliiiis The obj¢et and principal a¢tivily of the cliaritabl¢ cojnpany or¢ to advan¢¢ and pro101¢ Chrislian R¢liBi¢m by-. orgAnisillg Conferences io prov%de education and in8inieiitsn in Christian doclrine and principles And opportunity for disa1s5ion, fell0hlP and worship ainoiig Chri5tian5 aiid iheir fri¢nd5 alld oihcr members of the publi¢= provde at Ivhitcliesler or elsewhere a¢CoMndaI1On, ¢alering, Care and counselling. so Ihat rest, refvesliment. healin& r¢habilitaiion. restoration, wheiher physical. Inental, eniotional or spiritual. irt the coniext of Christiatt fellowsliip and ominunsly. niay be giveii to atjyoiie suiferiiig froni stres5 due to bereavenienl, ovenvork, n)arilal breakdown or gny Olher Teason-. piovid¢ #ceonvnodation #nd Catering or oiher servites for individii#ls seeking peace and solitt]de for worship and meditalÉan and study of the ChTJslian faith or for groups wi5hiiig lo ine¢l tO8etlier lo explore the Clkristian faitli and doclTjlIe. The chayiiable compaiiy addresses these obje¢liv¢s by opeTaiill8 o Chrisiian Centre ai BortliAtsgh near Haw&ck in Ihe Scottish Borders. The hoiise is open to anyone scekittg to benefjl from the ch&ritable company's objectives. The charitable compaiiy also or8allsscs various coiifer¢Jic¢$ Jhnd a¢tivilies tbroughout Ih¢ year. A¢hlevtmenl$ and yerformanee During lh¢ y¢a¥ OUT in¢oJn¢ from ¢haritsbl¢ a¢livili¢s de¢Teased fToni £58,239 in 2024 to £49,912. However otlier in¢om¢ increased to £28,718 froin £21,460 In 2024. EXpeditI1r¢ on charitable &cliviti¢s reduced compared 10 2024, froix £95,43110 £90,854. Flnanelal i'evle The defi¢it on unrestricted fimds for th¢ y¢ar ivas £12,082 (2024.. £13,978). Pttllcy reserve The trustees would Prefer to the ¢h8rity iviih 6 monilis expendiNre coyered by tlie unreslTl¢ted reserves al any lime. Howevcr, this h4s continua noi b¢ing ih¢ c&$e Ihis year ond the ill is to Inake u continued progress ttswards tliis l¢vel ofreserves. Whit¢hest¢r is ¢vrr¢ntly bl¢ss¢d by a lal¢nt¢d ond devoi¢d staff ieam. The directors believe that it will only be possible to increase th¢ reserves in ihe loiig tern) if the st2ffiiig levels are iii¢reased further. However, iii¢reasing siiff increases rixed Costs, son)e of which will be covered by addilional inconie in tlie h(ure. We are activ¢ly seekin8 to increase our doii&tton incoijie lo help cover increased staff costs. Ive are a180 aiming to inciease our lurtjover by IJiakirg WliitcliseÉer's n)inistry tiiore widely known, Ihrough bcller contacts witl) churclics i Scollartd And the north of England. We are also padIng oiir website and seeking to expand our social media presen Siru¢turei govern11<e And management Noliire ofgowei'liiiix docuNieiii The chorily is ¢ontroll¢d by its gov¢rnin8 do¢uin¢nt, ils Memoraiiduin ond Arti¢le8 and constitutes a liiniteil company limited by guaranie¢. Pwge 2
Whitche8t¢r Christian C¢iitre Trustees, Report ReeruliRieNI finrfappttliithieiilofiruslees In accordance M4tli the Articles of Associatton. Ilie dirc¢iors may appoint a IM¢inber of the ¢harilabl¢ coTripany #s a director either to fill a c#siiAI vacaiicy or as an addilion lo the Board provided thal tli¢ m2Xjtnum Duinb¢r of len 15 nol exceeded. No person who is Iiot R member of the chari19ble ¢ompany sholl ill atty cir¢uinstiiices be eligible lo liold offjte as a director. Applications for niembership $hall be open lo persons iyho are engaged in supporting and rtherIng in any way Ihe eliAriiabl¢ cOMpanS objects at)d su¢h oihcr persoms as the Board shall invite to apply. tTrganisolioiiulslrMcliipe Tlie directors meet as often as ne¢¢ss&ry, gen¢r#lly four or five lim¢s 8 year and or¢ r¢spoiisibl¢ for ov¢rs¢¢ing all of th charitable conipanls activities. The Board makes decisions conipajiy stygtegies, whilst t1 Warden 1$ fftnvolved in d1510 Iaking on a day-to-day basis. Flngn¢lg1 iiistrujneots Objeeilves 4iidpolleles The Charit$ activities expose li 10 3 number of financial risks incliiding credit risk, cosh now risk and liquidiry risk. Credlip15k The charity's principal financial issets fyte bank balances arkl cash, trade and oiher receivables. The charity's credit risk is prinjarily attributable lo 115 trade receivables. Tlie anwunts present¢d in tlie balaiice sbeel are ii¢t of allowAnces for doiibiful rceeivablcs. An allowancc for impainncnl is made wliere tliere i* an identified loss ¢v¢nl which, based on previous ¢xperien¢e, is evidence of a reduciion in Ilie recoverability ofthe ¢asli flows. T]ie credit risk on liquid fvnds 15 liniited because the counlerparties are bank$ with lii8h cr¢dit-ratings as518ned by international credil-raliiig agencies. The tharity has no sigjiificaut concentratioii of credil risk, with exposure spread over a Ikrge nuinber of cOunteartic$ Ind customers. Llqiildlty rlsk In order lo Jjiaintaiij lÈquidity to ensure tliat Sufficient funds are available for on80in8 operaiions athd developnients, Ilie eljarity uses a mixture of long-lem] and sliort-tern) debi finance. Furiliei dclails regarding liquidily risk can be fOLIT in IhE Siaiement of accounling policies 111 the financial 5talein¢nl& Statement of trustees, responsTrbllltiei The tn15tee5 {Ivho arc a150 the diFeclo]5 of Whitchesler Chti5tian Ccntre for IIIE yurposes of coiiipany laiy) ate responsible for prcparing tljc trustccs, report and thc fancial siateinents in &ccordanec willi applicablc law and United KiEigdoni Ac¢owilitJg Standards (United Kit)gdoJiJ Generglly Accepted A¢eounling Pra¢lice), includitjg FRS 102 'Tlie Fiiiancial Reporting Standard applicabl¢ in tlie UK athd R¢publi¢ of Irelaiid" Th¢ rcporl and accounts liave been prepared in accordance iviil) the provision5 in Ihe Coinpanie5 Act 2006 reS3liii&? to sinall con)panic5. Coii)pany 18w r¢quir¢s the tn]$l¢¢s lo prepar¢ finan¢ial stal¢1e1}ts foT eacli financial ye&r. Under ¢oinpany laiv the INslees mysi noi approve the financial staiemenls unless Iliey are satisfied Ihal they give a irue and fair view of Ilie $lal¢ of affairs of Ilie ehariiable company aiid of ilie ittconiing resoulces #nd Application of re$outees. including its incoine and expeJditttre, of the C]ritable coiiipany for Ilial pcriod. In preparing these fJnaii¢ig1 slatcIi)enls, Ihe Iru5tees ure reqiiircd 10-. select 5uiIAble actolllllittg policies and apply ihem coiisisienily; obs¢rv¢ Ilic n)cllJods and priticipl¢s in ihc Charities SORP., )akc jud8eiiienls and esliinales ihat are r¢asoJiabl¢ aiid yrud¢rtl' stale wlieilier appli¢abl¢ a¢¢ounling 31ondards, ¢oiiiprising FRS 102 hav¢ b¢¢n follod, subject tts aiiy nTralerial depamires disclosed and explAined in the f11111 n¢ial $lateinenl$', athd prepare Ilie financial slalemenls oti Ilie goiiig concern basis unless it is ingppropriale lo presunie that tlie chsrilable company ivill coniinue in busiiiess. Page 3
Whitchester Chrlstlan Centre Trustees, Report The trustees 8r¢ responsible for keepittg proper accounting te¢ord$ thai ean diselose witli reasonttble accuracy al any time th¢ financial position of the ch2rilable eompany and enable them to ensure tliat ihe financial 5tztements comply witli the Conipanie5 A¢1 2006. Chariti¢5 and Tmsl¢c Inve51menl (S¢oiland) Acl 2005 and The.Charilies Accounts (Scoiland) R¢ilatiOnS 2006 {a5 aTn¢nded). They also responsible for safeguarding ihe assets of the charilable eompany ond hence for takirtg reasojjoblc step5 for ihe pievention atMI detection of fraud at)d other Att¢gularitl¢S. The trustees &Te responsibl¢ for tlie m8inlenan¢¢ and integrity of the corporate and finattcial inlorniatinj included on tl chari18bl¢ comp2nJls websilc. Le8isl$iion Bovernin8 the pr¢paralion and dis5eminalion of financial sia*mcn¢s may differ from l¢gislalion ?n other juri5diction8. Smou e•mpAnie$ prov151Dn $tgtement This report has beejl prepared fll 8ceordanc¢ Mqih the sm911 Companies re#ithe MIer the Compinie5 Act 2006. Th¢ a#niial rq)ort was epproved by the frust¢es of the ¢harity 8 D¢c¢mber 2025 and signed on its behalf by-. Qoi R R Br¢lt Twslee Page 4
Wliitehester Chrlstian Centre Indepeiident Examiner's Report to the trustees of Whitchestei. Christian Centre E report on the accoiints of IIEC cljarily for the year ended 30 June 2025 ivliich ar¢ set out on pages 6 to 19. Re5pectlve i'espoEJ51bllltle5 of tl-U5tees xnd exaimliier Tlie Iruslees {who are also tlie dircclors of tlie company for tlit purposes of coiiip2ny law) are TespoTrsible for the prep3ration of tlie accounts in accordance wilh ilie tenns of tlie Cliarities and Ttustee Invesiiiient IScotlJnd) Act 2005 and the Cl?atilies Accouiits {Scotland} R¢gula110115 2006. The tTSte¢s c0115ideYs that the lludit i'equiiemenl of Regulalioii Iolllla) to {¢) of the 2006 Accounts Regulalions does not apply. It $ niy re5pon5ibility to exaniiije th¢ accollnts as required under section 44(11(c) of ihc Act and to stale wlietljer particular matiers have come to niy attention. asls of Indepeiident exaiKlner's report My exaininaiion is carrted out ill ae¢ordaJiee with Regulation I l of tlie 2006 Accounfs ReglatIOnS. An exani1naton 1xc1iCs a review of the accouiiliTrg Iccords kepi by thc chaTity and a con3paiisoii of Ilie accounts preseiitcd ivitli iliosc Iecords. It also in¢ludes eonsideration of aiiy n17St1a1 items or disclosur¢s in the accounts, se¢king explaiifitions from YOU as Irllslees tonceiIiing aiiy such tIcis. Tlie procedreS wider(aken do not provide all Ilie evideijce that wollld bc required in ali audii aiid consequently I do not express ali audit opinion oil the view given by the accouiits. liidependeiit exaiiiinei. 5 5ttttciiieiit In connection ivith my examii)atioii, no maiter has conie to tmy at¢eiiiioii'. {11 wlitch gives tne ieasonablc calge to belicvt tlial in aiiy iiiatCFial respect tlie reqiiirct2ieiils.' to keep accountin8 records Èn aeeordance wil11 section 44{1 l(a) of tlie 2005 Act and Regulaiioii 4 of the 2006 Acco1)ts Regulations. and to prepare a¢counts which accord with the accouiiting records and colliply wiib Regulation 8 of the 2006 Accounts Regulations liave not beeli met. or (21 to whi¢li. in my opinion, aitetttioii Slioiild be drai itt order lo enable a proper uthderstattding of the £ltcouiJts to be reached. David Canipbell Deans Cliartered Accounlanls and Busiiie$s Advi50r5 ICAS 27 Nortli BTidge Street Haivick TD9 9BD Page 5
Whitchester Chrtstiai) Centre Statement of Financial Activities for the Year Ended 30 Julie 2025 iieluding Income aiid Expendlture Account and Statement of Total Recogllised Gains and L05ses) Unre&trl£ted funds Restrleted rund5 Tot41 2025 Note Income and Endoivments from: Donations And legacies Charilhble aciiviiies liive8tn)enl incom¢ 28,545 46,912 173 28,545 49,912 173 3,000 Total inc0je 3,OiKI 78,630 Expendlture on: Charitable activities (87.712 13.142 (90.854) Total ¢xpenditvr¢ (87.7121 13.142 90,854 Net ¢xpeijdirC Net moveinent in funds 12.082 142 12.224 (12,082) (142) (12.224} RecoDclliAtlon of funds Toial funds brought forward 36,146 24,782 60,928 Tolal funds carried forward 19 24,064 Unrestrlcted funds 24,640 Rp5trfftcttd funds 48,704 Total 2024 Note Iiirome and Endowments froni: Don8lions and l¢ga¢ics Charitable a¢livilies Inveslinet)l in¢oiM¢ 21,234 58,239 226 21,234 58,239 226 Total incoine 79,699 79,699 Exi)enditure on: Charitsble activities (93,677 (1,7541 (95,431 Tol?1 expeiiditUTe (93.677 (1.754 (95,431 Net expenditVT¢ 113.978) (1,754) (15,732) Nct MoveI in thnds {13,978) (1.754) (15,732) Reeonelllallon Of funds Total fiinds broilghi fon¥ard Total funds Carried forward 50,124 26,536 76,660 19 36,146 24,782 60.928 All of the cliarity's activitie5 derive fioin coniiniiing operatioits durAng tlie ttbov¢ hvo periods. The funds breakdOm foT 2025 and 2024 is t0}vn in note 19. The t)otes oil pi8¢s 9 10 19 foni? an iiite8ral parl of Ih¢8e fillancial 5th1enicllts. Page 6
Whitchestej. Christian Celltre (ReKlstratffion iiumber: SC093015) BAlan¢e Sheet as at 30 June 2025 2025 2024 Note Fixed assets Tangible ossets 13 58,395 65,772 Curr¢nt 85Set$ Sio¢ks Debtor5 Cash at bank and in hand 14 15 16 2,242 944 17,238 20,424 2,266 284 14,372 16,922 Credltors: Amounts filling due wllhln one yeir 17 {7,405 {4,951) Nft eurrtnt asstts 13.019 11,971 Total a$sel$ less ¢urr¢nl IIAbl]Ille$ 71,414 77,743 CYeditor$: Amounts fallifftg due aftty more th#Jk one year 18 22,710 116,815) Net #s$ets 48.704 60,928 Funds ofthe eharlty: R¢strltted In¢ome funds Reslri¢ted fiinds 19 24,640 24,782 Unreslrleted Sn¢ome fuiid$ Unreslri¢led flinds 24,064 36,146 60.928 TotkE fund$ 19 48,704 For the fit)aiJcial year ellding 30 June 2025 the charity entitled to exemption from audil Uler s¢clion 477 of the Coinpanies Act 2006 relating to Sn1[ companies. Directors, respottsibilities: T]1¢ met)ibers Iiave noi required the charity lo obtain on avdil of its 8ceouiils for the year in qeStIOn in accordRnce wilh seclion 476- and Tlie direelo¥8 acknowledge th¢iT r¢sponsibtliti¢s for coinplyi1 witli tlie requireni¢n15 of the Act with re5pecl to accounting records and Ilie preparatton of Èccounls. TIJc5c accounts have bcen prepared in ac¢tsrdanee wAtlI tlie provisiotts applicable lo coinpanies subject lo the small ¢ompanies regi1e and in accordance with section 44 of Ilie Charities aiid Trustee Investment {S¢olland) Act 2005. These fiJiai)cial statements ljave been prepared itt accordaiice with tlie spe¢ial pmvislons relalit)g 10 eompat)ies subjecl io the sniall ¢oiiwanies regime withili Part 15 of th¢ Companies Act 2006. The note5 on pages 9 10 19 fonn an iiilegial pail of tliese firtaiiciul Slal¢menls. Page 7
Whitchester Christian Centre (Registration number: SC093015) Balance Sheet as at 30 June 2025 The financial statements on pa8cs 6 to 19 were approved by ihe tnkslee5, and authori5ed for issue on 8 December 2025 ahd signcd on their b¢half by.. C T Brett Trustee TWHallon Tntslee The nolcs orh pag¢5 9 10 19 forni an inlcgral part of these financial slalements. Poge 8
Whitehester Christian Centre Notes to the Finanelml Statements for the Year Ended 30 June 202S I Chorlty status The charity 15 limited by guarantee, incorpora¢ed in Scotland, Rnd consequently does not have share upithl. Each of ihe Iru51ees is liable to contrlbuie an amount not exceeding £1 towards the 855ets of Ib¢ chariiy in ihe evenl of liquidAlion. The address of ils registered oifice is: Borthaugh H•wi¢k TD9 7LN The5¢ fm8ncial $tatem¢nts w¢re authorised for Issue by the trustees 8 December 2025. 2 A¢¢oun¢lng poll¢lfJ Summary of $lgnlfleant Recountlng polf¢l¢s and key a¢£oiiiifSng estffimales The prin¢ipal a¢¢ounting policies applied itt th¢ pr¢paration of these fin2n¢ial staf¢m¢nts 5¢t out below. The policies have been consistently applied to all the years pr¢s¢nled, unless otherwisc slated. SIAtemtnt of ¢•mpll&n¢e The financsal slalemenls have been prepared in a¢¢ordance willi Accoutjtittg and Reportitig by eijarilies: Sialetmnt of Recommended Practice applicable tts ¢harilie$ prepaiiag tlieir accounts in aecordonce with tlie Fin8n¢ial Reporting Standard applicable in the UK aijd Republic of Ireland (I,'RS 102) (eifcclI l January 2015) - (ClJaTjIiES SORP (FRS 102)), the Financial Reporting Standgrd applic&ble in th¢ UK ond R¢publi¢ of Ir¢land (FRS 102) and lh¢ CompAtii¢s Act 2006. Bas55 of prtpiratlon Whii¢hesier Christian Centr¢ meets tlie defjnition of A public benefil entity under FRS 102. As5¢1s and liabiliti¢s are initially r¢cogni5ed at hi51oric81 cost ortran$3elton value unless otherwise slated in tli¢ relevonl pc¢ounling poli¢y notes. The financial Statements are present¢d in Sterling (£) and Tounded to the n¢8rest £1. Gokng concern Th¢ frust¢es Consider ihot there 8r¢ no mdl¢rial nCe[l11¢S alxjiit the ¢haritys ability to continv¢ Js a goin8 coJJ¢ern nor ally significant area5 ofiincertainty that affect the CaTrying value of 8$5ets held by th¢ charily. Ey¢mptlon from prepArlng A tgsh flow statemenl The Cliarity opled to early adopt Bullelin I published on 2 Febnv4ry 2016 and have Iherefore not in¢luded • Casli flow st&tement in these financial statements. llleome and endowments All ijjconie is recoyiised oiice Ihe charity has entitlement to the in¢oni¢, it is probable that the Income will be rec¢iv¢d 8ttd th¢ 8mounl of th¢ income receivable Can be niea5ured r¢liably. DonNtioiis rtiid legueles Don21ioDs are recognised wheii Ibc charity has b¢eii not5f%ed in WTiling of both the amoiint and setlleJn¢ni d#le. lji Ihe ¢veni that A donation i.% subjcct lo condtlions IhAI reqllirc a Icvel of perfonnance by tlJ¢ eharity before the charity is ¢ntiiled 10 the fvnds, Ihe income is deferred atbd noi recognised uijtil either Iliose conditions are full}, niel, or the fuiftlincnt of those eondilÉons is wliolly wilhin the control of th¢ ¢liarity ond li is probfyble tlial tli¢s¢ ¢ondilion5 will b¢ fulfilled in ilie reportin8 Period. Page 9
Wliitchester Chri$tiaii Centre Notes to the FinancÈal Statements for the Year Ended 30 June 2025 Deferrerf liicoiiie Deferred in¢oii)e rcptesents aiounts received for fvture persods and is r¢l¢ased to incoming Te80urces ?n ihe period for which, it has bEell receiv¢d. sIh income is only deferred ivhen.. The donor spe¢ifie5 thai the grant or donatioii only be US in future &ccountitsg periods. or Th¢ donor has imposed Condilions wlii¢h niusi be iii¢t befoT¢ Ili¢ char5ty has unconditional tntitlemeni. IMv¢sthi¢ni IncoiKe Dividends are recognised once the dividend has beal deelared and notifieation has b¢¢n Te¢¢ived of the dividet)d due. Eyptndltur¢ All cxpenditvrc is rycognised once there is a legal OT coiisItU¢live obligatiort to that ¢xpendiliirc, tl is probabl¢ seitlejncttt is required and the omoiinl con b¢ measllrcd reliably. All eos15 are allocated to the applicAble expenditure heading that oggregaie similar Costs io Ih&t cotegory. Where ¢osl$ camot be directly attributed io particular headiiigs Ihey Siaye been alloc&ted on a basis consi51eni wilh Ilie use of resources, Ivith central slaff Costs allo¢al¢d on tlie basis of liin¢ spent, and depre¢iatioii ¢har8¢5 allocated on tlie portion of tlie a5SEt'S l15e. Other Support costs are allocated based on the spread of staff costs. Chfji'ilfible e1[le$ ChaTilable expettditure ¢onJpr$es tliose cosls incurred by Ihc charity in ihc dclivery of its activliics and services for its b¢neficiari¢s. It in¢liides boili costs IliaÈ can be allocated ditectly to sucli &clivilies and ihose costs of an irtdir¢ci nature necessary to support Iliem. Support Costs Siipport ¢o$ls include c¢ntral fi]nctions and liaye bec allocaied io aeiivity rosi categories on a basis ¢onsisl¢nt with th¢ iise of resources, for ¢xaiMple, Allocating property Costs by floor ar¢as. or per eApiia. staff costs by the time spent and oiher costs by their usage. Governon¢¢ r05ts These ineludc the costs attributable io the ¢harily's complian¢¢ with con51itutioiial aiid slattilory requirements, including audit, strategic n)anageJheni and ttusiecs meeiiiig5 and reimbursed expenses. T%xation Tlie el)arily is considered to pass tlje tesls sel out iti Paragrapli I Schedule 6 of the Fintsnce Act 2010 and th¢r¢for¢ it meets Ilie definition of a charitable ¢ompany for UK corpoyotion tax purposes. A¢cordingly. Ihe cliaTlty is polenlially ¢x¢mpi from ta%alion respect of inconie or capil81 gains teceived within ¢al¢gories covered by Chapter 3 Part I l of Ilie Coryoralioji Tax Act 2010 or Section 256 of Ili¢ Taxation of Cliargeable Gains A¢1 1992, lo the extent tliat Such incole or gains are applied wlusiv¢ly to charitable purp05e5. Taiiglbl¢ ftsed Rsset5 Individiial fixed assets costing £IOD.00 or more ore inilially recorded al cost. less any sub5¢quent occttniulated depirciation siibs¢quent ac¢iimulaled tjwiairnient loss¢$. Depi'etlation omortis#tion Depreciation is provided on lan¥ible fjxed assels so as to iY(it¢ off the cost or Valall0, less any esiiinaied iesidual volue, ovcr Iheir cxpecled useful ecoiioniic life #s follows.. Asset elass Fumishiiigs Equiplent D¢pre¢latlon melliod aiid r8¢¢ 150/0 rcdiicing balatjce 25/0 redu¢iJig btlance Sio¢k Siock is valued at the lower of Cost and eslinilled s¢lling pric¢ less cosls lo coniplete aiid sell, ?f¢ei due regard for obsol¢t¢ and Slow movit]g stocks. C051 is deteTmined USiJiB Ili¢ first-iii, firsl-oui (FIFO). Page 10
Whitchester Chrl$tlan Centre Notes to the Flnanclal Statements for the Year Ended 30 June 2025 Trade debtors Trade debtors aFe ai))out)ts due frotn customers for n1erclj8t18e 8old OT services perfoimed in tlie ordinary course of business. Trade deblors arc recognised inilially al the transaction price. Tliey are subsequently 1casured at amortised cost vshng the effe¢tiYe interest method, less provision for impainnent. A provision for the impaimicnt of trade debiors is established wheii there 1$ obj¢¢tive evidence that the Charity will nol be abl¢ lo collt ell an)oiii)Is d¢ acwrding to th¢ original terll of the receivables. Casb and eg$h equlvalents Cash aiid easlj cqiiÉvalents comprise cash on hand and call desi(s, other shom-tenn highly liquid inyestiiients that are readily convertible to a knowm anwiint of cash and are 8ybj¢¢t to an insigt)ificant rssk of chRnge vgtliie. ind struclure Uthiestricied iiieoiiie fuiids are gektial fvnds Iliai are available for use al the tte¢S discietion in fiirtljerance of the objeclives of the cliarily. R¢stti¢ted ineon)¢ fLinds Can only be used for perti¢ular restri¢l¢d piIrp¢¢S withiii ihe object5 of the chaTity. Restriclion5 arise when 5pECIfi by the dtsiitsr OT when fiti)ds are r2ised for parlicular restrieled putposes. Furili¢r ekplaijation of ihe are and Purpose oftach is inClded in tlie rtotes tts the finAn¢ial statemeiits. IDStrtiment$ Clrfssifi¢NIio Financial assets and financial li&biliiies are reeognised when tlie ¢lrIty becomes a party to Ih¢ ¢onlra¢tuo1 provisions of the insttum¢nt. FinatKial liabililies artd equity iThslniii)cnls are classified according to tlje 511bstance of the contractual orrangenients erttercd inio. At) equity instniin¢ni is arhy conlra¢t that evidetjces a residiial interest in the assets of the charity after dedii¢ling oll tsfit5 liabilities. Reeogttllloii wieu,TNreMeNI All fin8n¢ial assets aad liabilities are initially measured at transaction prA¢e (in¢liiding Iransaction costs), exvpt for tliose fiiianciol oss¢ls classified as at fair valLSe through profit or loss, which arc illitially mea5ibred )t fair valu¢ (whi¢h is nornially Ilie ITall5aclion price excluditjg Irajisa¢ton Costs). unless the arrangemcnt eonsiilules a finat)cing tT&nsaclion. If an arrangeinent cortsiiwies ) financiiig ¢ransa¢iion, Ilie financial asset or financial liability is Ineasured at the present volue of the fvtvr¢ payJi)ents di5counled at a Imarket rate of interest for a siii)ilar debt inslruiiient. Finattcial assels and liabilities 3r¢ only offsel tji tlie stalenienl of fit)aiicial posilion whctt, and only when Ilier¢ exisls a legally enftsrceable light to sct off Ihe r¢cogniseit Jmoiinls and ihe Charity intends either to 5eltle oil a uet basis, OT to T¢alis¢ the asset and s¢ttl¢ Ili¢ liability sin)ultane01151y. Fittaneial asseis are derecognised wlien and only when al tlje eontr2ctU81 rights lo Ilje cash flomts fron) the finan¢iAI asset expire or are settled. b} the cliority tran$f¢rs lo anoiherparty sub8tanti8lly all of the risks aiid reward5 of owmeTsIIip of tlie fEnanciol assel, or c} (lie chaTity, despite Iiaving relaith¢d soine, but tt all, significanl risks and reward5 of ownersliip, lias tran8fe¢rf control of Ili¢ as5el to anoiher party. Financial liabilities ale dere¢ognis¢d only when the obligation spe¢ified in ihe conlract is discharged, eailcelled or ¢xpir¢$. Page 11
Whitchester Chrlstian Cenlre IYot¢s to the Fli)8nclal Statemenls for the Year Ended 30 June 2025 3 Iiieome from donations hnd leg#¢ltr$ Unrestrlcted fuiids Generyl Total 2025 2024 Donations and legari¢s- Dotiatiolls froni individ115 Gift aid reclaimed 24,600 3,945 28,545 24.600 3.945 20.027 1,207 28,545 Page 12
Whltchester Chri8tlan Centre Notes to the FRnancial Statements for the Year Ended 30 Jiine 2025 4 Ineome from ehaYltRble fictlvltles Unrestrlcted funds G¢nerAI Re5trieted fund$ Total 2025 Total 2024 Individuals Conferences Day visitors Siindry Inconie Graiits 24,600 19,293 1,014 9,114 24,6(K> 19,293 1.014 9,114 3,000 23,952 29,937 147 4,203 3,000 54.021 3,OlX) 57,021 58,239 S IDve5tment income Unre$trleted funds GeJi¢r&l Total 2025 Total 2024 Inlcrest reeeivable and Similar income- Interest receivablc oil hank depD8jts 173 173 226 6 Expendlture on charltable aetlyltles Unreslrleted Total 2025 Totgl 2024 Cen¢ral Re$trlcled Note Ivhitthester Chrlstlan Cenlre R¢sour¢¢s ¢xpended Staff costs Allocated support costs Gov¢rnancc costs 39,588 37,582 2,375 8,167 87,712 1,429 41.017 37,582 2,375 9,880 46.307 36,557 2,243 10,324 95,431 1,713 3,142 90.854 Page 13
Whitchester Chi'i5tiall Ceiilre Notes to the fiinancial Statemenls for the Year Ended 30 June 202S 7 AnAlysls of gov¢rnRllee and support eosts Support costs allocated to cliavitable Actli'itie5 Other Support 051$ Finance osls Total 2025 Total 2024 Volujiteer expell$ Bank ¢hArg¢s Trustees Expenses ,250 993 1.615 1,615 760 760 1.615 760 2.375 2,243 Goyernante fost$ Unr¢strl¢ted Restrleted TotAI 2025 TotAI 2024 General Independeiit ex4miller fees Examinalioii of the fitbancial 5t#ttmenls Legal fees Deprecialiott, aillortis•lioii and other similar Costs 1,080 652 1.080 652 960 730 6,435 1,71J 8,148 9,880 8,634 8,167 1,713 10,324 8 Net IncomingloutgDlng resources Net tsulgoing resour¢es for Ilie year i1]ude. 2025 2024 D¢pr¢¢iation offix¢d as$5 8,148 8,634 9 Trustees remuneratlon ad expenses DIwin8 tho year tb¢ charity ae the following transaclion5 with tnistees.. C T Brett £760 {2024.. £Nil) of expenses were reiinbursed lo C T Brett during ilie yeor. T Il, Hattoii K Hattoii wife of T Halton received n)onies from Ihe ¢hariry duTing tlJ¢ y¢ar for servic¢s provided on JiOTmal MJIr¢al tenns lolalling £2,232. No Inlet5 have iec¢iveil any other b¢llefils fyoin th¢ chaTlty Iliiring th¢ y¢ar. Poge 14
Whitchester ChristiAn Centre Ii'otes to the FinAncial Statemenls for the Year Ellded 30 June 2025 10 Staff ¢ost$ The aggregate payroll costs were as follows.. 2025 2024 Staff costs durliig the ytAr M'ere: Wages and salaries Pension cosis 36,487 1,095 35,492 1,065 37,582 36.557 Tlie iiionthly #v¢rage nuinber of persoiis {in¢luding s¢nior InArt&genient / leadership leaiii} employed by ihe charity diiring the year expressed as 11 lime ¢qiiivalents was as follows.. 2025 No 2024 No Guest liou$e and relreal 2 (2024- 2) of th¢ above ¢mployets participated in tlie Defined Conlributton P¢Thsioll Scljenies. No ¢n)ploy¢¢ re¢eiv¢d ¢moluments of niore that) £60,000 during tlie year. 11 Indtpendent examlner's r¢mun¢railoi 2025 2024 BxAinination of lh¢ finan¢ial stal¢m¢nts 1.080 960 Page 15
Whitchester Christian Centre Notes to tlie Fiiiancial Statements for Ihe Year End¢d 30 Jllne 2025 12 Taxatlon Th¢ ¢hariiy is a r¢gislered charily and 15 therefore exempl from laxation. 13 T4n%lble Ilxed assets Land and buildlngs Furnllure gnd Other t*nglble equlpment fixed Asset Total Cost At l July 2024 Additions 62,021 17,152 21.964 771 101,137 771 At 30 Jun¢ 2025 62,021 17,IS2 22.735 101.908 Depreclatlon At l July 2024 Cliarge for Ilie year 6,201 6,201 13.161 392 16,003 1,555 35,365 8,148 At 30 Jiine 202S 12,402 13,553 17,558 43.513 Net book Yalue AI 30 June 2025 49,619 3.599 5,177 58,395 AI 30 Julie 2024 55.820 3,991 5,961 65.772 14 Stock 2025 2024 Stocks TI1¢ ¢05È of stock recogni5¢d a5 an expeiisE Ill thE year amounted to £512024- £570). 2,242 2.266 IS Debtors 2025 2024 Prepayn)enls 944 284 16 CAsli and tash equlvalents 2025 2024 Cash on hand Casii al bai 16 17,222 57 14,315 7,238 14,372 age L6
WlIRtchester Christian Centre Notes to the Fijiancial Statements for the Year Ended 30 June 2025 17 Credltors: ainounts fAlllng du¢ wlthln one year 2025 2024 Other loans Oiher laxation and so¢ial wiirity Accruals D¢ferr¢d in¢ortie 1,105 16 3,830 2,454 1,105 16 3,830 7,405 4,951 18 Credltors.. aontS falllng due after one ytar 2025 2024 Other loans 22,710 16,815 19 Funds Balance at I Jiily 2024 Incoimlllg re50urce5 R¢50urce$ eypemded B4lance At 30 June 2025 Vnrestrlcted funds G¢neMI Wliit¢hesier Christian C¢ntre 36,146 75,630 (87.712) 24,064 Re5trl¢ted funds Annexe Futtd Acees5 Fund Iiiwrovement Fund ImprovelEdu¢Alion Fund Bedrooins Fuiid Disabled Fund 1,067 8,780 J4 (160) 907 8,780 25 1,571 5,007 8,350 {9) (1,429) (500) (1,044) 3,0(Kl 5,507 9.394 Tot81 restrl¢t¢d funds 24,782 3,000 (3.142 24,640 Total funds 60,928 78,630 90.854 48,704 Page 17
Whitchester Chrlsdan Cenlre Notes to the Financial Statements for the Year Ended 30 June 2O2S Balanco #t I July 21J23 Ineomlng resourre5 ResDurce5 expended Balan¢e At 30 June 2024 Unre&tri¢t¢d [ndS G¢iiei'al Whitchester Chri5ti#n Centre 50,124 79.699 (93,677) 36,146 Re5trieted Annexe Fund Access Fund Improvcment Fund Bcdrooms Fund Disabled Fund 1.255 8,780 46 6,017 10,438 (188) 1,067 8,780 34 5,507 9.394 (12) (510) (1,044) Tot&1 reslrieled fud5 26,536 (1.754 24,782 T•tal funds 76,660 79,699 (95,431 60,928 P4ge18
Whitchester Chi'i$tian Centre Notes to the fijiixiicial Statemen¢$ for the Year Ended 30 June 2025 Tlie specific puOseS for wl)ich tlie fiinds #r¢ tts be gppli¢d 4r¢ as follows.. Ann¢xe Fund - represcR15 the net book value in fixed asset for eqiiipinent and firnishings puwhased for ihe Annexe by way of a restricted gift. The fiind will be rediiced anniially by depreciatlDn. A¢¢¢53 Fund- supports people in need of fundirtg for Ilieir accotnmodation. Improveiiient$ Fund to ¢ov¢r Ihe Cosis of inwroveinents aiid up8rad¢s to the building, fabiic aiid coThlents. The balance represent5 the nel book val11¢ of capitalised ilents. The reJnainin8 fund will be reduced athniially by depr¢¢iation. Bedroom Futtd - provided lo upgrade the b¢droon15. particularly to eAsuile. Disabled Fund disability iihpiovemen15. Tliis arises from Suselle BotreS legacy. Al leASt SOO/0 of Ilie sunis bequeaihed are to be used io impiove aeeess or facilities or oiherwise for th¢ benefit of disabled people. Tlie irnste¢s have fornied a designated fijnd for ihe reinaining s/0 for the same purpose as the restricted fvDd. 20 AnAIys1s of nel assets between lunds Unrestrlcled funds GeTheYal Total funds at 30 June 2025 Rtstrl¢led funds Tangible fixed assels Current assets Curreiil liabili11¢5 Crediiors over l year 44,106 10,073 (7.405} 22,710) 14.289 10,351 58,395 20.424 (7,405) 22,710) Total nef ossct8 24,064 24,640 48.704 UnrÈ51rleted funds General Total fund5 at 30 June 2024 Restrleted runds Tangible fjxed assets i¢t a5se15 i¢t lilbililies Creditors over l year 49,770 8,142 {4,951) (16,815) 16,002 8,780 65,772 16,922 (4,9511 116,815> Total net assets 36,146 24.782 60,928 Page 19