Charity Registration No. 233390
Company Registration No. 649091 (England and Wales)
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
CONTENTS
Page
Legal and administrative information
1
Council's report
2 - 3
Independent examiner's report
4
Statement of financial activities
5 - 7
Balance sheet
8
Notes to the accounts
9 - 23
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
LEGAL AND ADMINISTRATIVE INFORMATION
- 1 -

The Council presents their one hundredth Annual Report together with the independently prepared Accounts for the year ended 30th September 2025.

Honorary President
Jacqueline Woodman
Council Members
Rev. Michael Allured (Chair) (resigned 29th March 2025)
Rev. Simon Ramsay (appointed Chair 29th March 2025)
Julio Torres Jr (Treasurer)
Rev. Feargus O'Connor (resigned 29th March 2026)
Rev. Sue Sinnamon
Joanne O'Sullivan
Victor Anderson (appointed 29th March 2025)
District Minister
Rev. CJ McGregor
Finance Officer
Bruno Martin
Secretary
Rev. Michael Allured (resigned 29th March 2025)
Rev. Sue Sinnamon (appointed 29th March 2025)
Administrator & Designer
Helen White
Charity number
233390
Company number
649091
Registered office
Essex Hall
1-6 Essex Street
Strand
London
WC2R 3HY
Independent examiner
Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
COUNCIL'S REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -

Structure, governance and management

Organisation

A board of up to ten council members who met six times during the year administers the charity.

Introduction to list trustees
The Council members, who are also the directors for the purpose of company law, and who served during the year were:
Rev. Michael Allured (resigned 29th March 2025)
Rev. Feargus O'Connor (resigned 29th March 2026)
Joanna O'Sullivan
Rev. Simon Ramsay
Rev. Sue Sinnamon
Julio Torres Jr
Victor Anderson (appointed 29th March 2025)

Risk management

The Directors have examined the major strategic and operational risks, which the charity faces and confirms that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Public benefit

The Trustees take into account the Charity Commission guidance on public benefit and believe that the activities of the Charity are in line with that guidance.

Objectives and activities

The Assembly’s objectives are the following:

a) To promote the spread of religious ideas usually described as Unitarian or Free Christian;

b) To promote fellowship among the congregations and individual Unitarians in the area;

c) To assist weak congregations;

d) To encourage the formation of new congregations;

e) To do all such other lawful things as are incidental to the above objects or any of them.

Achievements and performance

The Council is satisfied with the results for the year.

Governing document disclosure
The charity is governed by a memorandum and articles incorporated.
Financial review

Details of incoming resources and resources expended are shown in the Statement of Financial Activities on pages 5-7 of the financial statements. The Charity’s primary source of income from listed investments has risen by 5.7%, and the value of listed investment held has fallen by 6.7%. Sales of listed investments in the year provided cash flow to fund grants to member churches, as well as expenditure on the development programme and on administration.

Investment policy

The Trustees continue a policy of transferring the investment portfolio in both the unrestricted and designated funds to a wholly ethical basis. On the advice of our professional fund managers, the new portfolio emphasises capital growth, and is internationally weighted. This resulted in the year in a small unrealised loss in the portfolio.

THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
COUNCIL'S REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -

Reserves policy

It is the policy of the LDPA to maintain unrestricted and non-designated funds, which are the free reserves of the charity, at a level, which equates to approximately six months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergency applications for grants arising from time to time. Unrestricted funds were maintained at this level throughout the year.

On behalf of the Council

Rev. Sue Sinnamon
Julio Torres Jr
Chair
Treasurer
Dated: 7 April 2026
Dated: 7 April 2026
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
INDEPENDENT EXAMINER'S REPORT
TO THE COUNCIL MEMBERS OF THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
- 4 -

I report to the Council members on my examination of the financial statements of The London District And South Eastern Provincial Assembly Of Unitarian And Free Christian Churches (Incorporated) (the charity) for the year ended 30 September 2025.

Responsibilities and basis of report

As the Council members of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements 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 financial statements 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 financial statements to be reached.

Samantha Daniels FCA
for and on behalf of
Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
Dated: 7 April 2026
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
Unrestricted
Unrestricted
Restricted
Total
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2025
2024
2024
2024
2024
Notes
£
£
£
£
£
£
£
£
Income and endowments from:
Voluntary income
2
515
-
-
515
415
-
-
415
Charitable activities
Development fund
-
7,630
-
7,630
-
10,914
-
10,914
Investments
3
38,108
19,072
15,145
72,325
38,260
15,383
14,807
68,450
Other income
4
415
-
-
415
-
-
-
-
Total income
39,038
26,702
15,145
80,885
38,675
26,297
14,807
79,779
Expenditure on:
Raising funds
Rental expenses
15,713
-
-
15,713
2,038
-
-
2,038
Investment management
9,220
5,358
-
14,578
9,702
5,323
-
15,025
24,933
5,358
-
30,291
11,740
5,323
-
17,063
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrestricted
Unrestricted
Restricted
Total
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2025
2024
2024
2024
2024
Notes
£
£
£
£
£
£
£
£
- 6 -
Charitable activities
Grants to churches
5
9,000
-
9,700
18,700
11,740
-
9,700
21,440
District minister costs
6
45,669
11,000
-
56,669
44,656
10,729
-
55,385
Development programme
-
21,943
-
21,943
-
22,398
-
22,398
Administrative costs
24,043
28,918
-
52,961
17,569
23,020
-
40,589
Total charitable expenditure
78,712
61,861
9,700
150,273
73,965
56,147
9,700
139,812
Total expenditure
103,645
67,219
9,700
180,564
85,705
61,470
9,700
156,875
Net gains on investments
10
5,594
3,996
-
9,590
109,919
56,827
-
166,746
Net income/(expenditure)
(59,013)
(36,521)
5,445
(90,089)
62,889
21,654
5,107
89,650
Transfers between funds
18,092
24,623
(42,715)
-
(11,484)
11,484
-
-
Other recognised gains and losses:
Other losses
12
(1,962)
(1,807)
-
(3,769)
-
-
-
-
Net movement in funds
(42,883)
(13,705)
(37,270)
(93,858)
51,405
33,138
5,107
89,650
Reconciliation of funds:
Fund balances at 1 October 2024
1,213,851
623,453
363,177
2,200,481
1,162,446
590,315
358,070
2,110,831
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrestricted
Unrestricted
Restricted
Total
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2025
2024
2024
2024
2024
Notes
£
£
£
£
£
£
£
£
- 7 -
Fund balances at 30 September 2025
1,170,968
609,748
325,907
2,106,623
1,213,851
623,453
363,177
2,200,481

All income and expenditure derive from continuing activities; such as the development fund income which this year all arises from the charity's Festival of Unitarians in the South-East.

THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 8 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
14
942
-
Investment property
15
492,000
492,000
Investments
13
1,542,146
1,652,463
2,035,088
2,144,463
Current assets
Debtors
16
5,958
849
Cash at bank and in hand
77,415
63,243
83,373
64,092
Creditors: amounts falling due within one year
17
(11,838)
(8,074)
Net current assets
71,535
56,018
Total assets less current liabilities
2,106,623
2,200,481
The funds of the charity
Restricted income funds
18
325,907
363,177
Unrestricted funds - general
1,170,968
1,213,851
Unrestricted funds - designated
21
609,748
623,453
2,106,623
2,200,481

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the Council members on 7 April 2026
Rev S E Sinnamon
Julio Torres Jr
Chair
Treasurer
Company registration number 649091 (England and Wales)
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 9 -
1
Accounting policies
Charity information

The London District And South Eastern Provincial Assembly Of Unitarian And Free Christian Churches (Incorporated) is a private company limited by guarantee incorporated in England and Wales. The registered office is Essex Hall, 1-6 Essex Street, Strand, London, WC2R 3HY.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the Council members have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Council members continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the Council members in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the Council members for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 10 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT, which cannot be recovered.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Office equipment is depreciated by reference to the estimated lives of the assets concerned at 33 1/3% per annum on a straight line basis.

Freehold property is not depreciated. It is the Charity’s policy to keep all buildings in a good state of repair. The estimated useful life of the buildings is not less than 50 years and the estimated residual value is likely to be not less than the amount at which the property is carried in the balance sheet. Any depreciation charge would therefore be immaterial and is not charged.

Computers
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

The property is treated as 45.6% general funds as this is the percentage which LDPA owns for its general use, and 54.4% restricted funds as this is the amount related to the other beneficial owners. The income received is split between the charity and the other beneficial owners.

1.8
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 11 -
1.9
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.10
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.11
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.12
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 12 -
2

Voluntary income

2025
2024
£
£
Personal subscriptions
15
15
Corporate subscriptions
500
400
515
415
Personal subscriptions
Alan Ruston
15
15
15
15
Corporate subscriptions
Rosslyn Hill Unitarian Chapel
500
400
500
400
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 13 -
3
Income from investments
Unrestricted
Unrestricted
Restricted
Total
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2025
2024
2024
2024
2024
£
£
£
£
£
£
£
£
Rental income
10,400
-
-
10,400
9,600
-
-
9,600
Income from listed investments
17,954
12,292
15,145
45,391
18,854
10,215
14,807
43,876
Interest receivable
9,754
6,780
-
16,534
9,806
5,168
-
14,974
38,108
19,072
15,145
72,325
38,260
15,383
14,807
68,450
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 14 -
4
Other income
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Other income
415
-
5
Direct charitable expenditure: grants
2025
2024
Unrestricted funds
£
£
Northiam Chapel
-
4,560
Golders Green Unitarians
1,000
1,400
Lewisham Unitarians
1,000
1,400
Brighton Unitarians
2,000
-
Dover Unitarians
1,000
-
Ditchling Unitarians
2,000
1,200
Richmond & Putney Unitarians
2,000
1,400
Horsham Unitarians
-
1,400
The Inquirer Grants
-
380
9,000
11,740
2025
2024
Restricted funds
£
£
Richmond/Putney - ex Putney Church Fund
6,700
6,700
Stratford - ex Iford Church Fund
3,000
3,000
9,700
9,700
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 15 -
6
District minister costs
Unrestricted
Unrestricted
Total
Total
funds
funds
2025
2024
general
designated
£
£
£
£
Stipend
32,807
-
32,807
32,204
Housing allowance
-
11,000
11,000
10,729
Social security costs
-
-
-
565
Pension costs
4,381
-
4,381
4,293
Total salary costs
37,188
11,000
48,188
47,791
Travel and sundry costs
8,481
-
8,481
7,594
45,669
11,000
56,669
55,385

During the year the company had one employee (2024: one employee).

7
Council Members
None of the Council members (or any persons connected with them) received any remuneration or benefits from the charity during the year.

Expenses reimbursed to the Trustees were amounting to £496 (2024: £Nil).

8
Independent examiner's remuneration
Fees payable to the charity's independent examiner and associates:
2025
2024
£
£
For independent examination services
Independent examination of the financial statements of the charity
6,060
5,400
9
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
1
1
There were no employees whose annual remuneration was more than £60,000.
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 16 -
10
Gains and losses on investments
Unrestricted
Unrestricted
Total
Unrestricted
Unrestricted
Total
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2024
2024
2024
Gains/(losses) arising on:
£
£
£
£
£
£
Revaluation of investments
(18,134)
(3,792)
(21,926)
88,867
47,838
136,705
Sale of investments
23,728
7,788
31,516
21,052
8,989
30,041
5,594
3,996
9,590
109,919
56,827
166,746
11
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

12
Other gains and losses
Unrestricted
Unrestricted
Total
Unrestricted
Unrestricted
Total
funds
funds
funds
funds
general
designated
general
designated
2025
2025
2025
2024
2024
2024
Gains/(losses) upon:
£
£
£
£
£
£
Foreign exchange
1,962
1,807
3,769
-
-
-
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 17 -
13
Fixed asset investments

Common Investment Fund

Manse fund

Total
£
£
£
Cost or valuation
At 30 September 2024
1,053,801
598,662
1,652,463
Additions
253,238
147,893
401,131
Valuation changes
(18,134)
(3,792)
(21,926)
Disposals
(336,663)
(152,859)
(489,522)
At 30 September 2025
952,242
589,904
1,542,146
Carrying amount
At 30 September 2025
952,242
589,904
1,542,146
At 30 September 2024
1,053,801
598,662
1,652,463
14
Tangible fixed assets
Computers
£
Cost
Additions
1,299
At 30 September 2025
1,299
Depreciation and impairment
Depreciation charged in the year
357
At 30 September 2025
357
Carrying amount
At 30 September 2025
942
15
Investment property
2025
£
Fair value
At 1 October 2024 and 30 September 2025
492,000
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
15
Investment property
(Continued)
- 18 -

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the trustees, on the basis that a property valuation at Q1 2017 would have increased 23% by Q3 2023.

The latest formal valuation was in August 2017 by Rush, Witt and Wilson Residential and Commercial Estate Agents, who are not connected with the charity. The valuation was £400,000, and was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

16
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
5,958
849
17
Creditors: amounts falling due within one year
2025
2024
£
£
Other taxation and social security
774
-
Trade creditors
3,481
1,506
Other creditors
1,520
1,166
Accruals and deferred income
6,063
5,402
11,838
8,074
18
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

At 1 October 2024
Incoming resources
Resources expended
Transfers
At 30 September 2025
£
£
£
£
£
Permanent Chapel Building Fund
58,259
-
-
-
58,259
Ilford Church Fund
27,261
6,884
(3,000)
(31,145)
-
Putney Church Fund
10,009
8,261
(6,700)
(11,570)
-
Northiam Fund
267,648
-
-
-
267,648
363,177
15,145
(9,700)
(42,715)
325,907
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
18
Restricted funds
(Continued)
- 19 -
Previous year:
At 1 October 2023
Incoming resources
Resources expended
Transfers
At 30 September 2024
£
£
£
£
£
Permanent Chapel Building Fund
58,259
-
-
-
58,259
Ilford Church Fund
23,531
6,730
(3,000)
-
27,261
Putney Church Fund
8,632
8,077
(6,700)
-
10,009
Northiam Fund
267,648
-
-
-
267,648
358,070
14,807
(9,700)
-
363,177

The Permanent Chapel Building Fund was established from the sale of a church, and is restricted for the building of a new church within the LDPA, until such time as the Charity Commission approves the merger of the fund into Unrestricted General Funds.

The Northiam Fund represents 55% of the fair value of the charity's investment property, which is managed by the charity for the benefit of the member churches and their charitable objectives, as stipulated by the donor.

19
Illford Church fund

A capital sum, arising from the disposal of the Ilford Church premises, managed by the British and Foreign Unitarian Association (In corporated), with the income paid to the LDPA. In any year, this income is to be devoted to the Unitarian cause in the London District, priority being given to the Greater London Boroughs north of the Thames and east of Tower Hamlets, and to the County of Essex. Any income unspent on these purposes at the end of the financial year to be available for general LDPA purposes.

2025
2024
£
£
Received from B & FUA
6,884
6,730
Paid to Illford Church
(3,000)
(3,000)
Balance to LDPA Funds
3,884
3,730
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 20 -
20
Putney Church fund

The capital of this fund derives from the sale of the Putney Church premises, plus the Church’s investments. This is managed by the British & Foreign Unitarian Association (Incorporated), which pays the income to the LDPA. Priority claim on that income is to meet the needs of the Richmond and Putney Unitarian congregation; any surplus to be available for general LDPA purposes.

2025
2024
£
£
Received from B & FUA
8,261
8,077
Paid to Richmond/Putney
(6,700)
(6,700)
Balance to/(from) LDPA Funds
1,561
1,377
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 21 -
21
Unrestricted funds - designated

The income funds of the Charity include the following designated funds, which have been set aside out of unrestricted funds by the trustees for specific purposes:

Manse Fund – to defray costs of housing provision for the District Minister;

Development Fund – to support initiatives designed to strengthen the Unitarian presence within the LDPA area.

At 1 October 2024
Incoming resources
Resources expended
Transfers
Gains and losses
At 30 September 2025
£
£
£
£
£
£
Manse Fund - Capital
612,917
-
(5,358)
-
2,189
609,748
Manse Fund - Income Account
10,536
19,072
(39,918)
10,310
-
-
Development Fund
-
7,630
(21,943)
14,313
-
-
623,453
26,702
(67,219)
24,623
2,189
609,748
Previous year:
At 1 October 2023
Incoming resources
Resources expended
Transfers
Gains and losses
At 30 September 2024
£
£
£
£
£
£
Manse Fund - Capital
561,413
-
(5,323)
-
56,827
612,917
Manse Fund - Income Account
28,902
15,383
(33,749)
-
-
10,536
Development Fund
-
10,914
(22,398)
11,484
-
-
590,315
26,297
(61,470)
11,484
56,827
623,453
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 22 -
22
Analysis of net assets between funds
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
general
designated
2025
2025
2025
2025
£
£
£
£
Fund balances at 30 September 2025 are represented by:
Tangible assets
942
-
-
942
Investment properties
224,352
-
267,648
492,000
Investments
952,242
589,904
-
1,542,146
Current assets/(liabilities)
(6,568)
19,844
58,259
71,535
1,170,968
609,748
325,907
2,106,623
Unrestricted
Unrestricted
Restricted
Total
funds
funds
funds
general
designated
2024
2024
2024
2024
£
£
£
£
Fund balances at 30 September 2024 are represented by:
Investment properties
224,352
-
267,648
492,000
Investments
1,053,801
598,662
-
1,652,463
Current assets/(liabilities)
(64,302)
24,791
95,529
56,018
1,213,851
623,453
363,177
2,200,481
THE LONDON DISTRICT AND SOUTH EASTERN PROVINCIAL ASSEMBLY OF UNITARIAN AND FREE CHRISTIAN CHURCHES (INCORPORATED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 23 -
23
Pensions

Following the appointment of the previous District Minister in June 2021, who elected to have his pension contributions paid into a Self-Invested Private Pension administered via an independent financial advisor, the Charity did not participate in the Ministers Pension Fund Scheme. This Minister however resigned 30th June 2024.

Following the appointment of the current District Minister on 12th August 2024, the Charity resumed its participation in the Ministers Pension Fund Scheme, which is a defined benefit scheme. The Charity had one employee participating in the scheme. The assets of the scheme are held separately from those of the Charity and are administered by the Ministers Pension Fund.

Contributions to the scheme are charged to the Statement of Financial Activities so as to spread the cost of pensions over the employees’ working lives with the Charity. A qualified actuary using an on-going assessment of the funding position determines the level of pension contributions. The last actuarial valuation of the Ministers Pension Fund scheme for which results are available was on 31 December 2013 and showed a deficit for the whole scheme of £644,000 (2010: £801,000) before adjustments. This is made up of a Past Service deficit of £1,043,000 offset by a future Service surplus of £399,000 generated by the current contribution of 8.5% from members and congregations. From January 2013 pension contributions from members and congregations have been at the rate of 10%.

Employer contributions and employee contributions were both 10% of earnings including the District Minister's housing allowance, and this was the same for both the outgoing and incoming District Minister. The pension cost for the year of the charity amounted to £4,381 (2024: £4,293).

The re were contributions outstanding at the year end of £Nil (2024: £Nil).

24
Related party transactions

Included in unrestricted administrative costs is a £1,400 (2024: £Nil) donation to an incorporated charity with trustees in common.

2025-09-30 2024-10-01 false false CCH Software iXBRL Review & Tag 2025.2 649091 2024-10-01 2025-09-30 649091 2025-09-30 649091 2024-09-30 649091 bus:Director6 2024-10-01 2025-09-30 649091 bus:Director4 2024-10-01 2025-09-30 649091 2023-10-01 2024-09-30 649091 bus:FRS102 2024-10-01 2025-09-30 649091 char:IndependentExaminationCharity 2024-10-01 2025-09-30 649091 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP