Acorn Christian Foundation - Charities report

REGISTERED COMPANY NUMBER: 03851139 (England and Wales)

REGISTERED CHARITY NUMBER: 1080011

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ACORN CHRISTIAN FOUNDATION

Page

Report of the Trustees

1

Independent Examiner's Report

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

10

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03851139 (England and Wales)

Registered Charity number

1080011

Registered office

15a Station Road

Epping

Essex

CM16 4HG

Trustees

P C E Manning (resigned 1.2.25)

G Sykes-Little (Chair)

J Sherbourne (appointed 20.5.24) (resigned 20.8.25)

Dr S Fretheim (resigned 20.8.25)

Reverand A Heber

J Johnson (appointed 21.10.25)

Company Secretary

L Way

Independent Examiner

Cobbin Floyd Ltd

Chartered Accountants Statutory Auditors

15a Station Road

Epping

Essex

CM16 4HG

Approved by order of the board of trustees on 17th December 2025 and signed on its behalf by:

G Sykes-Little (Chair) - Trustee

Independent examiner's report to the trustees of Acorn Christian Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Natalie Floyd, ACA

Cobbin Floyd Ltd

Chartered Accountants Statutory Auditors

15a Station Road

Epping

Essex

CM16 4HG

17th December 2025

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

110,133

-

110,133

78,009

Other trading activities

2

2,799

-

2,799

12,894

Investment income

3

96

-

96

65

Total

113,028

-

113,028

90,968

EXPENDITURE ON

Charitable activities

General

5,775

-

5,775

3,613

Other

84,160

-

84,160

109,860

Total

89,935

-

89,935

113,473

NET INCOME/(EXPENDITURE)

23,093

-

23,093

(22,505

)

RECONCILIATION OF FUNDS

Total funds brought forward

22,951

6,339

29,290

51,795

TOTAL FUNDS CARRIED FORWARD

46,044

6,339

52,383

29,290

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

8

892

-

892

1,239

CURRENT ASSETS

Prepayments and accrued income

10,683

-

10,683

4,368

Cash at bank

38,524

6,339

44,863

27,692

49,207

6,339

55,546

32,060

CREDITORS

Amounts falling due within one year

9

(4,055

)

-

(4,055

)

(4,009

)

NET CURRENT ASSETS

45,152

6,339

51,491

28,051

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,044

6,339

52,383

29,290

NET ASSETS

46,044

6,339

52,383

29,290

FUNDS

10

Unrestricted funds

46,044

22,951

Restricted funds

6,339

TOTAL FUNDS

52,383

29,290

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 17th December 2025 and were signed on its behalf by:

G Sykes-Little (Chair) - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Taxation

The charity is exempt from corporation 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 charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	OTHER TRADING ACTIVITIES

2025

2024

£

Courses and events

2,799

12,894

3.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

96

65

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Accountancy

2,838

2,700

Depreciation - owned assets

347

1,578

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended 31st March 2024.

6.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Healing and administration

2

No employees received emoluments in excess of £60,000.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

78,009

-

78,009

Other trading activities

12,894

-

12,894

Investment income

65

-

65

Total

90,968

-

90,968

EXPENDITURE ON

Charitable activities

General

3,613

-

3,613

Other

109,860

-

109,860

Total

113,473

-

113,473

NET INCOME/(EXPENDITURE)

(22,505

)

-

(22,505

)

RECONCILIATION OF FUNDS

Total funds brought forward

45,456

6,339

51,795

TOTAL FUNDS CARRIED FORWARD

22,951

6,339

29,290

8.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1st April 2024 and 31st March 2025

646

7,212

7,858

DEPRECIATION

At 1st April 2024

646

5,973

6,619

Charge for year

-

347

At 31st March 2025

646

6,320

6,966

NET BOOK VALUE

At 31st March 2025

-

892

At 31st March 2024

-

1,239

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

465

557

Accrued expenses

3,590

3,452

4,055

4,009

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

Unrestricted funds

General fund

22,951

23,093

46,044

Restricted funds

Restricted

6,339

-

6,339

TOTAL FUNDS

29,290

23,093

52,383

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

113,028

(89,935

)

23,093

TOTAL FUNDS

113,028

(89,935

)

23,093

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

Unrestricted funds

General fund

45,456

(22,505

)

22,951

Restricted funds

Restricted

6,339

-

6,339

TOTAL FUNDS

51,795

(22,505

)

29,290

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

90,968

(113,473

)

(22,505

)

TOTAL FUNDS

90,968

(113,473

)

(22,505

)

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2025.