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2025-08-31-accounts

Charity Registration No. 1157662 Scottish Charity Registration No. SC053118

Reign Ministries

Trustees’ Report and Financial Statements For the year ended 31 August 2025

Reign Ministries

Contents of the Financial Statements for the year ended 31 August 2025

Page
Trustees’Report 1 - 4
Report of the Independent Examiner 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 - 14

Reign Ministries

Report of the Trustees for the year ended 31 August 2025

The Trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 August 2025.

Principal office Bankers
43 London Road Barclays Bank Cambridge and Counties Bank Redwood Bank
Bicester 36 Market Square
Charnwood Court
The Nexus Building
Oxon Bicester 5B New Walk Broadway
OX26 6BU OX26 6AQ Leicester Letchworth Garden City
LE1 6TE SG6 3TA

Status of Charity and Governing Document

Reign Ministries was originally established in 2008, then was registered as a Charitable Incorporated Organisation (CIO) with the Charity Commission on 1 April 2014. It is registered under charity number 1157662. On 13 February 2024, the charity was also registered with the Office of the Scottish Charity Regulator (OSCR) under Scottish charity number SC053118.

Objectives and activities

Our purpose is to advance the Christian faith, particularly amongst young people, and to encourage and support training and coaching in youth leadership.

We meet these objectives by undertaking the following activities:

The trustees have had regard to the Charity Commission’s guidance on public benefit.

Trustees

The Trustees who served during the year and to the date of this report are:

Dave Williams Chair Jenny Bodinham Claire Osman Alex Shoderu Josh Baker (appointed 8 November 2025) Carrie Heyward (resigned 13 January 2025) Dr Alan Stanhope (resigned 9 November 2024)

There must be at least 3 charity trustees. Existing trustees provide suitable names for new trustees and following assessment of this list of names, individuals are invited to become trustees. They must be appointed by resolution at a properly convened Board meeting.

New trustees are inducted and trained through provision of the constitution, the latest annual report and statement of accounts and any other documents necessary for them to gain an appropriate understanding of the Charity.

The Trustees met online through the year and were able to conduct all their usual business without impediment.

The day-to-day operations are delegated to the Managing Director, Kyle McKinnon.

Page 1

Reign Ministries

Report of the Trustees for the year ended 31 August 2025

Achievements and performance

The 2025–26 year has been one of transition and strengthening for Reign Ministries. While not all anticipated partnerships came to fruition, the period has been marked by new opportunities that align with our long-term vision for developing disciple-making leaders. The partnership shift from Formission to Moorlands College brought clarity to our educational role and allowed Reign Ministries to focus on resourcing local leaders and strengthening our national disciple-making network.

Our training initiatives have reached hundreds of leaders across the UK, and the Disciple-Making Project continues to grow as a vibrant and maturing community. Organisationally, team transitions and the sale of the Moto property have positioned Reign for a more sustainable and focused ministry future.

Key metrics for the year:

==> picture [469 x 161] intentionally omitted <==

----- Start of picture text -----
Area Outcome (2024–25)
Training Venues 8
Leaders Trained ~250 (paid and volunteer)
Disciple-Making Project Members 70 active participants
Partnerships Explored 1 major partnership (Greenhouse)
Degree Transition Formission →Moorlands College
Team Transitions 2 (Charlie and Jessie)
Property Developments Moto property in sale process
----- End of picture text -----

1. Partnership Developments: Greenhouse

Exploratory discussions were held with Greenhouse regarding a potential partnership. While constructive, these conversations did not lead to a formal collaboration. The door remains open for future consideration, though this is not currently a strategic focus.

2. Degree Programme Transition

Following the financial closure of Formission, Reign worked with Moorlands College to ensure continuity for students. This transition has released Reign from direct campus management while maintaining engagement through support for local leaders and hubs.

Reign’s role now focuses on:

  1. Assisting local leaders who have prospective students connecting with Moorlands;

  2. Facilitating local learning clusters through the existing hub model;

  3. Providing disciple-making training that complements academic study.

This approach strengthens Reign’s relational and network-based leadership development model.

3. Training of Local Leaders

Throughout the academic year, Reign delivered disciple-making training in eight venues, engaging approximately 250 leaders across the UK. These sessions focused on practical disciple-making principles applicable to both paid and volunteer leaders. A proportion of participants have pursued further development or joined the Disciple-Making Project community, demonstrating encouraging long-term engagement.

Page 2

Reign Ministries

Report of the Trustees for the year ended 31 August 2025

Achievements and performance (continued)

4. The Disciple-Making Project

The Disciple-Making Project (DMP) continues to grow as a national learning community. Approximately 70 leaders are currently active participants, connecting through weekly online prayer gatherings and bi-monthly action teams.

The community is demonstrating increasing maturity, cohesion, and effectiveness. Reign’s strategic financial investment in the DMP this year aims to support its expansion and long-term sustainability, positioning it as a key expression of our disciple-making mission.

5. Team Developments

The Reign team continues to evolve: Charlie concluded his employment with the organisation. Jessie stepped down from her role as she begins a new chapter in motherhood. These changes represent both personal and organisational transitions that reflect the ongoing life and growth of the ministry.

6. Property Stewardship

The Moto Reign has initiated the sale of the Moto property. This decision aims to free organisational capacity currently allocated to property management and redirect those resources toward mission priorities. Proceeds from the sale will be reinvested strategically to strengthen ministry sustainability and future growth.

Future plans

Looking ahead, Reign will focus on: Deepening the Disciple-Making Project community and expanding its reach; Developing new leader training pathways rooted in relational disciple-making; Continuing partnership with Moorlands College to support local leader engagement; Completing the sale of the Moto and reinvesting funds in ministry innovation and development. As Reign enters this new chapter, our commitment remains clear: to equip leaders who make disciples and to see the Church across the UK renewed through authentic, reproducing disciple-making movements.

Financial review

Results for the year

The financial statements for the year are set out on pages 6 to 14.

The Statement of Financial Activities on page 6 reflects net expenditure of £3,580 (2024: net expenditure of £28,990). Total funds at the end of the year were £474,360.

Reserves

The Trustees aim to hold the equivalent of 3 months of general expenditure in the general fund at any time as a contingency to cover unforeseen costs which may arise.

Total reserves amounted to £474,360 (2024: £477,940). This was made up of £99,157 (2024: £102,330) of unrestricted general reserves, £375,203 (2024: £375,610) of unrestricted designated reserves and £nil (2024: £nil) of restricted reserves.

The unrestricted general reserves in place at the year-end therefore met our reserves policy.

Statement on risk

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have considered those risks and are satisfied that they have introduced procedures to mitigate the possible effects of those risks.

Page 3

Reign Ministries

Report of the Trustees for the year ended 31 August 2025

Statement of responsibilities of the Trustees

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its income and expenditure for that year.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable the Trustees to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for taking such steps as are reasonably open to them to safeguard the Charity’s assets and to prevent and detect fraud and other irregularities.

On behalf of the Trustees

Dave Williams

Chair

XX February 2026

Page 4

Reign Ministries

Report of the Independent Examiner to the Trustees for the year ended 31 August 2025

I report on the accounts of the charity for the year ended 31 August 2025 which are set out on pages 6 to 14.

Respective responsibilities of Trustees and Examiner

The Charity Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011, the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The Charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Basis of Independent Examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations (as amended) and the Charities Act 2011. 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 and seeks explanations from the Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with Section 130 of the Charities Act 2011, Section 44(1) (a) of the Charities and Trustee Investment (Scotland) Act 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended)

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Alison Franks CA Director

XX February 2026

Cornerstone Accounting Ltd Chartered Accountants

11 Erngath Road Bo’ness EH51 9DP

Page 5

Reign Ministries

Statement of Financial Activities

For the year ended 31 August 2025

General Designated Restricted
funds
funds
funds
Notes
£
£
£
Income and endowments
Donations and legacies
2
4,154
-
12,955
Charitable activities
3
26,800
-
-
Other trading activities
4
41,749
-
-
Investments
5
3,263
-
-
Total income and endowments
75,966
-
12,955
Expenditure
Raising funds
6
6,966
-
-
Charitable activities
7
72,173
407
12,955
Total expenditure
79,139
407
12,955
Net income/(expenditure)
(3,173)
(407)
-
Transfers between funds
11
-
-
-
Net movement in funds
(3,173)
(407)
-
Total funds brought forward
102,330
375,610
-
Total funds carried forward
99,157
375,203
-
Represented by:
General funds
11
99,157
-
-
Designated funds
11
-
375,203
-
Restricted funds
11
-
-
-
Total funds
99,157
375,203
-
2025
Total
£
17,109
26,800
41,749
3,263
88,921
6,966
85,535
92,501
(3,580)
-
(3,580)
477,940
474,360
99,157
375,203
-
474,360
General
funds
£
7,181
35,831
39,300
3,623
85,935
6,515
99,775
106,290
(20,355)
-
(20,355)
122,685
102,330
102,330
-
-
102,330
Designated
funds
£
-
-
-
-
-
-
407
407
(407)
-
(407)
376,017
375,610
-
375,610
-
375,610
Restricted
funds
£
13,515
1,200
960
-
15,675
-
23,903
23,903
(8,228)
-
(8,228)
8,228
-
-
-
-
-
2024
Total
£
20,696
37,031
40,260
3,623
101,610
6,515
124,085
130,600
(28,990)
-
(28,990)
506,930
477,940
102,330
375,610
-
477,940

The notes on pages 8 to 14 form part of these financial statements.

Page 6

Reign Ministries

Balance sheet

As at 31 August 2025

General
Notes
funds
£
Fixed assets
Tangible assets
8
-
Total fixed assets
-
Current assets
Debtors
9
6,065
Cash at bank and in hand
94,052
Total current assets
100,117
Liabilities
Creditors: falling due within one year
10
960
Net current assets
99,157
Total assets less current liabilities
99,157
Net assets
99,157
Funds of the charity
General funds
11
99,157
Designated funds
11
-
Restricted funds
11
-
Total charity funds
99,157
Designated
funds
£
375,203
375,203
-
-
-
-
-
375,203
375,203
-
375,203
-
375,203
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
2025
Total
£
375,203
375,203
6,065
94,052
100,117
960
99,157
474,360
474,360
99,157
375,203
-
474,360
General
funds
£
-
-
9,375
96,508
105,883
3,553
102,330
102,330
102,330
102,330
-
-
102,330
Designated
funds
£
375,610
375,610
-
-
-
-
-
375,610
375,610
-
375,610
-
375,610
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
2024
Total
£
375,610
375,610
9,375
96,508
105,883
3,553
102,330
477,940
477,940
102,330
375,610
-
477,940

The financial statements on pages 6 to 14 were approved by the Trustees on XX February 2026 and signed on their behalf by:


Dave Williams

Trustee

The notes on pages 8 to 14 form part of these financial statements.

Page 7

Reign Ministries

Notes to the Financial Statements for the year ended 31 August 2025

1. Accounting policies

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Charities Act 2011, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Financial Reporting Standard 102 and in compliance with the Charities SORP 2019 (FRS 102). The principal accounting policies adopted in the preparation of the financial statements are set out below.

Reign Ministries meets the definition of a public benefit entity under FRS 102.

Basis of financial statements

The financial statements have been prepared on an accruals basis. The Trustees consider that there are no material uncertainties so the accounts have been prepared on the going concern basis.

Income and debtorsr

All income is recognised when the Charity is legally entitled to the income, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.

Debtors are valued at cost at the year-end and adjusted for any amounts considered to be irrecoverable.

Expenditure and creditors

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Support costs are those costs incurred directly in support of expenditure on the objects of the charity.

Creditors are valued at cost at the year-end and split between amounts due in less than one year and amounts due in more than one year.

Taxation

The charity is exempt from Corporation Tax on its charitable activities.

Tangible fixed assets and depreciation

Only tangible fixed asset additions over £1,000 are capitalised and are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives, as follows:

Land and buildings 0% Building improvements 10% straight line Fixtures, fittings and equipment 20% straight line (previously, reducing balance)

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of four months or less from the date of acquisition or opening of the deposit account.

Fund accounting

For the purpose of the Statement of Financial Activities, funds are defined as follows:

Page 8

Reign Ministries

Notes to the Financial Statements for the year ended 31 August 2025

1. Accounting policies (continued)

Operating lease income

Rentals under operating leases are credited to the Statement of Financial Activities on a straight-line basis over the lease term.

Pensions

The charity operates a defined contribution pension scheme. The pension charge represents the amount payable by the charity on behalf of its employees.

Donated goods, facilities and services

The Charity did not benefit from donated goods or facilities in the year. Volunteer numbers and activities are disclosed in the notes to the accounts.

Page 9

Reign Ministries

Notes to the financial statements

For the year ended 31 August 2025

2. Donations and legacies

Donations
Gift aid reclaimed
Fundraising income
3. Charitable activities
Degree income
Event income
Consultancy income
4. Trading income
Venue hire
Flat rental
Resources sales
5. Investments
Bank interest
6. Expenditure on raising funds
Flat rental costs
Paypal fees
Fundraising resources costs
General
funds
£
3,693
461
-
4,154
General
funds
£
21,555
1,675
3,570
26,800
General
funds
£
9,500
32,249
-
41,749
General
funds
£
3,263
3,263
General
funds
£
6,931
35
-
6,966
Restricted
funds
£
12,955
-
-
12,955
Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
Restricted
funds
£
-
-
-
-
Total
2025
£
16,648
461
-
17,109
Total
2025
£
21,555
1,675
3,570
26,800
Total
2025
£
9,500
32,249
-
41,749
Total
2025
£
3,263
3,263
Total
2025
£
6,931
35
-
6,966
General
funds
£
5,091
1,015
1,075
7,181
General
funds
£
30,298
1,333
4,200
35,831
General
funds
£
9,500
29,644
156
39,300
General
funds
£
3,623
3,623
General
funds
£
6,449
42
24
6,515
Restricted
funds
£
13,515
-
-
13,515
Restricted
funds
£
-
-
1,200
1,200
Restricted
funds
£
-
-
960
960
Restricted
funds
£
-
-
Restricted
funds
£
-
-
-
-
Total
2024
£
18,606
1,015
1,075
20,696
Total
2024
£
30,298
1,333
5,400
37,031
Total
2024
£
9,500
29,644
1,116
40,260
Total
2024
£
3,623
3,623
Total
2024
£
6,449
42
24
6,515

Page 10

Reign Ministries

Notes to the financial statements

For the year ended 31 August 2025

7. Expenditure on charitable activities

Direct charitable expenditure
Degree conference costs
Indirect charitable expenditure
Wages and salaries
Pension costs
Redundancy costs
Other staff costs
Contractor costs
Cluster leaders
Training materials and printing costs
Venue hire and event costs
Rates and water
Insurance
Heat and light
Repairs and maintenance
Office, telephone and IT costs
Conference expenses
Advertising
Travel and subsistence
Legal and professional fees
Trustee expenses
Transfer to Start to Stir charity
Accounting fees
Pension admin fees
Independent examination fee:
2025 fee
2024 fee (over-accrued)
*
Depreciation
Bad debts
Bank charges
Sundry expenses
Total expenditure**
General
funds
£
6,520
34,727
1,200
4,000
303
782
1,170
296
1,070
3,641
867
5,780
2,052
3,119
-
27
1,317
1,638
202
-
2,286
317
960
(240)
-
25
102
12
72,173
Restricted
funds
£
-
12,955
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12,955
Total
2025
£
6,520
47,682
1,200
4,000
303
782
1,170
296
1,070
3,641
867
5,780
2,052
3,119
-
27
1,317
1,638
202
-
2,286
317
960
(240)
-
25
102
12
85,128
General
funds
£
6,824
46,830
1,236
-
976
17,197
1,908
344
1,373
2,592
1,060
3,580
2,947
1,872
1,971
326
1,608
984
177
-
2,288
300
-
1,200
-
1,895
102
185
99,775
Restricted
funds
£
-
13,515
-
-
-
531
-
62
-
-
278
-
130
365
-
2,433
-
144
-
6,445
-
-
-
-
-
-
-
-
23,903
Total
2024
£
6,824
60,345
1,236
-
976
17,728
1,908
406
1,373
2,592
1,338
3,580
3,077
2,237
1,971
2,759
1,608
1,128
177
6,445
2,288
300
-
1,200
-
1,895
102
185
123,678

Support costs have not been separately identified as the trustees consider there is only one charitable activity. Depreciation of £407 (2024: £407) has been charged in the year through the designated assets fund.

The average number of staff during the year was 4 (2024: 6). No employees were paid more than £60,000.

Key Management Personnel of the Charity are defined as the Managing Director. His remuneration totalled £20,528 (2024: £20,715).

No accrual has been made for holiday pay at the year-end as there were no material amounts due.

Redundacy payments of £4,000 were made in the year to 1 employee of the Charity.

Page 11

Reign Ministries

Notes to the financial statements

For the year ended 31 August 2025

8. Tangible fixed assets

Cost
At 1 September 2024
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
Land and
buildings
£
373,875
373,875
-
-
-
373,875
373,875
Property
improvements
£
2,658
2,658
1,064
266
1,330
1,328
1,594

Fixtures,
fittings and
equipment
£
2,487
2,487
2,346
141
2,487
-
141


Total
£
379,020
379,020
3,410
407
3,817
375,203
375,610

The property owned by the charity is the office premises at 43 London Road, Bicester and comprises an office, an open meeting space and a self-contained flat.

9. Debtors

Trade debtors
Prepayments and accrued income
Other debtors
General
funds
£
475
5,330
260
6,065
Restricted
funds
£
-
-
-
-
2025
£
475
5,330
260
6,065
General
funds
£
2,550
5,810
1,015
9,375
Restricted
funds
£
-
-
-
-
2024
£
2,550
5,810
1,015
9,375

10. Creditors: falling due within one year

Deferred income
Accruals
Taxation and social security
General
funds
£
-
960
-
960
Restricted
funds
£
-
-
-
-
2025
£
-
960
-
960
General
funds
£
1,675
1,385
493
3,553
Restricted
funds
£
-
-
-
-
2024
£
1,675
1,385
493
3,553

Page 12

Reign Ministries

Notes to the financial statements

For the year ended 31 August 2025

11. Funds movements Current year

Balance at
1 Sept 2024
Unrestricted funds
£
General fund
102,330
Designated assets fund
375,610
Total unrestricted funds
477,940
Restricted funds
C Staff support fund
-
Total restricted funds
-
Total charity funds
477,940
Prior year
Balance at
1 Sept 2023
£
Unrestricted funds
General fund
122,685
Designated assets fund
376,017
498,702
l
d f
d
Restricted funds
Resources project fund
8,228
C Staff support fund
-
8,228
Total charity funds
506,930
Income
£
75,966
-
75,966
12,955
12,955
88,921
Income
£
85,935
-
85,935
2,160
13,515
15,675
101,610
Expenditure
£
(79,139)
(407)
(79,546)
(12,955)
(12,955)
(92,501)
Expenditure
£
(106,290)
(407)
(106,697)
(10,388)
(13,515)
(23,903)
(130,600)
Balance at
Transfers 31 Aug 2025
£
£
-
99,157
-
375,203
-
474,360
-
-
-
-
-
474,360
Balance at
Transfers 31 Aug 2024
£
£
-
102,330
-
375,610
-
477,940
-
-
-
-
-
-
-
477,940

Explanation of funds

Unrestricted funds:

The General fund represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is designated or restricted.

The Designated assets fund holds the fixed assets of the Charity separately from the liquid assets.

Restricted funds:

The Resources Project fund represents donations received to fund the development of resources such as videos and printed materials for sale to Christian youth workers.

The Staff support funds arise where employees are partially self-supported, that is, where the Charity agrees a fixed salary to be paid out of general funds, but the employees can also fundraise for additional salary costs. All these additional salary costs are paid through payroll with the necessary deductions of tax and national insurance.

12. Operating leases

At 31 August 2025, the Charity held two operating leases as the lessor:

The office space in Bicester is let directly. A 2 year lease agreement expired on 31 August 2024 and is continuing now on a month to month basis.

The flat is let through a property letting agency who are paid a 13% management fee on all rental income. No income is guaranteed where the flat is not let and the agreement can be terminated with 3 month's notice.

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Reign Ministries

Notes to the financial statements

For the year ended 31 August 2025

13. Pension commitments

The Charity operates an auto-enrolment pension scheme with Smart Pension Limited for all eligible employees. Employer contributions to the scheme are disclosed in note 8.

14. Trustee and related party transactions

There was no remuneration paid to Trustees during the year ended 31 August 2025 (2024: nil). Total expenses of £78 were paid to 1 Trustee for travel (2024: £124 to one Trustee) and £124 was paid for refreshments at trustees meetings and leaving gifts (2024: £53).

Matt Bodinham, the son of trustee Jenny Bodinham, is employed by the Charity and received remuneration of £6,153 (2024: £5,707) in the year.

Unrestricted donations of £120 (2024: £289) were received by the Charity from Trustees and related parties.

15. Volunteers

We have 6 volunteers who support the Charity through specific roles and responsibilities in coaching or advisory capacities. There are up to a further 10 volunteers that have assisted at charity events on an ad hoc basis.

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