Charity registration number 1140435 (England and Wales)
Company registration number 07494717
ALIVE CHURCH LINCOLN
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
ALIVE CHURCH LINCOLN
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
S G Bell
F Johnson
(Appointed 27 March 2025)
J Lee
(Appointed 27 March 2025)
L R Norris
M O Olakunle-Olabode
H J Williams
(Appointed 27 March 2025)
Secretary
K A Morgan
Charity number
1140435
Company number
07494717
Registered office
Newland
Lincoln
Lincolnshire
United Kingdom
LN1 1XG
Auditor
Azets Audit Services
Westpoint
Lynch Wood
Peterborough
Cambridgeshire
United Kingdom
PE2 6FZ
Bankers
Virgin Money
11 Smithy Row
Nottingham
United Kingdom
NG1 3EJ
Solicitors
Wilkin Chapman Rollits
The Maltings
11-15 Brayford Wharf East
Lincoln
United Kingdom
LN5 7AY
ALIVE CHURCH LINCOLN
CONTENTS
Page
Trustees' report
1 - 7
Statement of trustees' responsibilities
8
Independent auditor's report
9 - 11
Statement of financial activities
12
Consolidated balance sheet
13 - 14
Balance sheet - charity only
15 - 16
Statement of cash flows
17
Notes to the financial statements
18 - 34
ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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).

Objectives and activities

The objects contained in the Memorandum of articles for Alive Church Lincoln are as follows:

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake.

Social investments

There are no restrictions on the charity's power to invest. This year we have taken the decision to invest £490,000 into high yield savings accounts through Insignis. This is from:

 

 

The charity's objects and principal activities are the advancement of the Christian faith in accordance with the

Memorandum and Articles, the worship of God in the county of Lincolnshire and elsewhere by any means whatsoever including (but not by way of limitation) the preaching and proclamation of the Christian gospel and the teaching of Christian doctrine and principles, the pastoral care of Christian people, the printing and distribution of the Bible and Christian literature and the relief of persons who are in conditions of need, hardship or distress or who are aged or sick.

 

The advancement of education on the basis of Christian principles and without prejudice to the generality of the foregoing the provision of such in any educational establishment and if the Trustees so decide the provision of one or more charitable educational establishments for the general education of children or adults on the basis of such Christian principles.

Grant making

Grants are given to relating groups and individuals who are involved in missions work both in the UK and overseas. The Trustees delegate responsibility for decisions made on grants made to the Lead Team who meet twice monthly.

 

One of the Trustees are also members of this team. A report is made to the Trustees three times per year.

Volunteers

The charity has a large team of volunteers without whose commitment of time the charity could not operate. The value of services donated by volunteers is not included in the statement of financial activities.

Achievements and performance

Training

Alive Church continues its programme of leadership training through the Leadership Vision Nights, Equip and location led leadership training. Alive Church plans to launch their ‘Academy’ in September 2027 for the training of future leaders.

 

Weekend Services

Alive Church holds eight services across its six locations. These are for the purpose of Public Worship and the Proclamation of the Christian faith.

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

Multi-Site

Alive Church is one Church in many locations and at this point comprises locations of Alive Church in:

 

Gainsborough

Grantham

Lincoln Central

Lincoln North

Lincoln South

Scunthorpe

 

Over 1240 people on average attend these services in all locations on a weekly basis.

 

During 2025 Alive Church announced its plans to launch Alive Horncastle on May 17th 2026, which will become the 7th location of Alive.

 

A Day to be Alive

We held our annual gathering of all locations in May 2025 at the Epic Centre, Lincolnshire Showground. This event is called "A Day to be Alive" and consists of a Sunday morning service with worship and a word, children's and youth work, a time of fun and fellowship in the afternoon with children's activities and an afternoon all age service.

 

Leadership Transition

In May 2025 Stuart and Irene Bell stepped down as Senior Pastors of Alive Church and began their new roles as Founding Pastors. Their roles as Senior Pastors were made redundant at the end of May 2025. The leadership of Alive Church continues under the Lead Team, with Howard Williams appointed as Lead Pastor to lead the Lead Team.

 

In addition to this, the Lead Team has been strengthened by the addition of 2 new members, Lanre Saidu and Lois Delong, both of whom bring extensive expertise and experience to the team.

 

Christmas and Easter

The Christmas and Easter services had 2500 people attending Christmas events and services in 2025, 1000 people attending Easter services in 2025.

 

Life Groups

Members and attendees of Alive have a small group system operating mid-week for pastoral care, discipleship, Bible study, prayer, and local mission. Over 600 are registered as participants of Life Groups.

 

Acts Trust

Alive Church continues to provide major funding to ACTS Trust, an associated charity of Alive who carry out the following activities. Lincoln Foodbank, Lincoln Community Grocery, Lincolnshire Night Light Café, Lincoln Job Club, Lincoln Restore Course.

 

Acts Trust also partner with Alive Church Lincoln locations to oversee the Church Youth programmes alongside the community youth projects (schools work, after school clubs, holiday schemes and HAF schemes). This includes our Friday night youth groups, our youth conference (Captivate) and our youth weekend away.

 

In 2025 it was decided that, due to the growth of both charities, in 2026 they will formally cease their association and partnership. From January 2026 the clear separation of both charities will commence. Alive Church will begin to taper down its funding to ACTS Trust from October 2026.

 

Alive Enterprises

The Limited Company that provides services for and on behalf of Alive Church as a social enterprise continued to oversee the running of Alive Church's conferencing including refreshments and catering. This Limited company provides income back to Alive Church to continue the work of the Charity.

 

Baptism

In the period stated, Alive Church held several Baptismal Services baptising 51 people.

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -

Public Benefit

The trustees consider that the activities undertaken by Alive Church provide a public benefit to those who are members of the fellowship and those in the wider community of Lincolnshire and we have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objective.

 

Marriage and Funerals

Alive Church provides pre-marital counselling for couples intending to get married as well as a full marriage ceremony. It carries out funerals in line with the teachings of the Christian faith and at such time provides services such as pastoral care that are of benefit to bereaving family members.

 

Community Activities

Alive Church runs a variety of community projects across our seven locations.

 

Butterflies and Blossom: providing a safe space for women who are going through tough times, feeling lonely, needing a break from everyday situations. Butterflies is open to all women in each community. Currently over 100 women attend Butterflies each week

 

The Shed: providing a safe space for men to experience friendship, community and to counteract loneliness. Currently 20 men attend The Shed each week

 

Toddle-In: providing a space for parents and toddlers to build community and friendship on a weekly basis. Currently over 100 parents engage with Toddle-in each week

 

Pastoral Care

Primarily through its Life Group system (small groups that meet in homes) but also through the availability of staff pastors Alive Church is able to provide pastoral care and support for people within the community.

 

Youth and Children

Alive Church has a number of young people (over 88) and children (over 191) that are involved in its provision for them. Through the Alive Church programmes, they are taught, gain social skills and develop friendships that have proved, for many people who are now adults at Alive Church, to be lifelong, positive and helpful.

 

Alive youth meetings continue during the year, along with mid-week Life Groups and specific provision during Sunday Services.

 

Students and Young Adults

The Student and Young Adult congregation at Alive continues to meet at the Alive Church Lincoln Central location. Their meetings average around 100 in attendance each week.

 

Legacy

Alive Church has a thriving community of aged people who meet occasionally for a meal, pastoral care and age related services.

 

Staff, volunteers and beneficiaries and the implications for the charity's operations and activities for the coming year

From September 2021, Alive Church have specified that all staff work from the office on a Tuesday and a Thursday whilst also continuing to allow home-working

 

We continue to rent rooms from Ground Level Network in 22 Newland with car parking for certain staff and overflow rooms if required for staff to work from.

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -

The Role of Volunteers

Alive Church provides numerous opportunities for people to volunteer both within the life of the Church and its community activities. In 2025 over 500 different people were involved in volunteering through Alive Church's activities.

 

This allows the individual to fulfil their personal desire to help other people. Volunteers are involved in all aspects of the church's activities, ranging from:

Financial review

Financial position

The accounts show income of £1,930,537 (2024: £1,566,283) and outgoings of £1,902,852 (2024: £1,532,140). The free reserves at 31 December 2025 stood at £163,070 (2024: £198,849). The financial position remains satisfactory and with good financial management and the support of both the staff and volunteers, the financial position remains sound. The financial position of Alive Enterprises Limited is considered to be satisfactory, and with the implementation of planned business improvements the financial position is considered to be sound.

 

The principal source of income is from freewill offerings which are received on a weekly basis. The Trustees closely monitor income and expenditure and endeavour to ensure the free reserves amount to one month's running costs.

 

In 2025 we received £140,000 funding from Lincoln City Council to establish a community engagement program called ‘The Ermine Exchange’ specifically designed for the relief of persons who are in need, hardship, distress or who are aged or sick.

Going concern

The accounts have been prepared on a going concern basis. The Trustees have assessed that the Charity is a going concern as the charity expects to generate income and have reserves that enables it to operate for at least a period of twelve months.

 

Management and Trustees monitor free reserves closely on an ongoing basis and are continuously looking at alternative ways to operate and keep costs to a minimum.

 

Offerings have increased since 2024 and have increased again in 2025. This is mainly due to the numerical growth of our locations.

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -

Reserves policy

The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission.

 

The Alive financial risk policy has identified that the amount required for the Alive Church reserves fund should be 3 months operating costs.

 

This equates to £275,000 (based on £1,100,000 core costs).

 

Currently Alive Church has 59% of this total (£163,072) in reserves.

 

**Alive Church can utilise the Rise and Build fund in an emergency situation, at the discretion of the Alive Directors.

 

Targets set over the next five years,

 

2026 - Reserve £165,000 - 60% of the reserves policy total of £275,000

2027 - Reserve £192,500 - 70% of the reserves policy total of £275,000

2028 - Reserve £220,000 - 80% of the reserves policy total of £275,000

2029 - Reserve £247,500 - 90% of the reserves policy total of £275,000

2030 - Reserve £275,000 - 100% of the reserves policy total of £275,000

 

Alive Church currently does not have a need to use its reserves.

Our ability to fundraise

Above the funds raised from our committed donors, Alive Church continues to apply for grants and funds.

 

Funds

Funds for Make a Difference and Rise and Build are still restricted and kept separate from the current account so as to ensure the projects that have been financially committed to can be funded.

Financial Forecast

Alive Church has continued working on its forecasting for cash flow and location pastors information. Regular updates are given by the Finance Lead as to income and expenditure variances every quarter. Projections for income are based on a 2% decrease due to the uncertainty around the global economic instability.

 

The finance team work with funders to identify any additional funding sources that can assist with costs such as building maintenance and repairs, alongside community funding for our ongoing community engagement activities.

Plans for future periods

Alive Church will expand in 2026/27 with the growth of the new training and equipping leadership program called Academy.

 

The Leadership structure will continue to be remodelled as we grow. We have a vision to launch new locations of Alive Church from 2027/28 within a one hour radius of the city of Lincoln.

Structure, governance and management

Governing document

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

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

S G Bell
F Johnson
(Appointed 27 March 2025)
J Lee
(Appointed 27 March 2025)
L R Norris
M O Olakunle-Olabode
H J Williams
(Appointed 27 March 2025)
P Benger
(Resigned 27 February 2025)
I L Bell
(Resigned 27 February 2025)
S A Campbell
(Resigned 27 February 2025)

Recruitment and appointment of new trustees

Alive Church seeks the appointment of new Trustees from within the church. It seeks to identify those considered suitable to provide a balance of skills and strengths.

Decision making

The Trustees make decisions in regard to annual budget setting, staffing of senior positions, salary scales, annual pay reviews.

 

Modupe Olakunle-Olabode oversees salary reviews on an annual basis.

 

Annual pay reviews are suggested to Trustees by The Lead Team, the decision to implement is taken by the Trustees.

 

The Lead Team (Pre-May 2025) is comprised of;

 

Stuart Bell

Irene Bell

Howard Williams

Dan Hargreaves

Jo Hargreaves

Joy Blundell

Jonas Eyles

Glen Ross

Lanre Saidu

Lois Delong

 

The Lead Team (Post-May 2025) is comprised of;

 

Howard Williams

Dan Hargreaves

Jo Hargreaves

Joy Blundell

Jonas Eyles

Glen Ross

Lanre Saidu

Lois Delong

 

Decisions related to the vision of the church are delegated to the Lead Team by the Trustees. The Lead Team make decisions in regard to new locations, new programs / activities. Decisions regarding new staff members are made at budget setting time. Department leaders make recommendations in-line with their annual budget and the Lead Team make the decision in regard to any new recruitments.

 

The Trustees delegate decisions in regard to the daily operation of the church to the Lead Team. The Lead Team make decisions in relation to monthly budgets, day to day management of staff (HR), buildings and health and safety.

ALIVE CHURCH LINCOLN
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -

Induction and training of new trustees

All Trustees are already familiar with the practical work of the charity. On appointment, Trustees are informed of their obligations and the main documents which set out the operational framework of the charity.

Related parties

The charity has a trading subsidiary Alive Enterprises Limited which undertakes trading activities on behalf of Alive Church Lincoln and donates its taxable profits to the charity.

 

ACTS trust is a registered Charity (No.1119911) and undertakes various community based projects for Alive Church (this relationship will cease from 2026).

Auditor

In accordance with the company's articles, a resolution proposing that Azets Audit Services be reappointed as auditor of the company will be put at a General Meeting.

The trustees' report was approved by the Board of Trustees.

M O Olakunle-Olabode
Trustee
14 July 2026
ALIVE CHURCH LINCOLN
STATEMENT OF TRUSTEES' RESPONSIBILITIES  
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -

The trustees, who are also the directors of Alive Church Lincoln for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company 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 the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ALIVE CHURCH LINCOLN
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF ALIVE CHURCH LINCOLN
- 9 -

Opinion

We have audited the financial statements of Alive Church Lincoln (the ‘charity’) for the year ended 31 December 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

-

give a true and fair view of the state of the charitable company's affairs as at 31 December 2025 and of its incoming resources and application of resources, for the year then ended;

-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

 

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

-

the information given in the financial statements is inconsistent in any material respect with the trustees' report; or

-

sufficient accounting records have not been kept; or

-

the financial statements are not in agreement with the accounting records; or

-

we have not received all the information and explanations we require for our audit.

ALIVE CHURCH LINCOLN
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ALIVE CHURCH LINCOLN
- 10 -
Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

 

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework.  Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.  This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

 

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

 

 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation.  This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.  The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

ALIVE CHURCH LINCOLN
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ALIVE CHURCH LINCOLN
- 11 -

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Mark Jackson FCA DChA (Senior Statutory Auditor)
For and on behalf of Azets Audit Services, Statutory Auditor
Accountants
Westpoint
Lynch Wood
Peterborough
Cambridgeshire
PE2 6FZ
17 July 2026

Azets Audit Services is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

ALIVE CHURCH LINCOLN
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 12 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
1,088,745
721,658
1,810,403
936,851
498,128
1,434,979
Charitable activities
4
62,404
-
62,404
45,372
2,447
47,819
Other trading activities
5
57,730
-
57,730
80,985
-
80,985
Other income
6
-
-
-
2,500
-
2,500
Total income
1,208,879
721,658
1,930,537
1,065,708
500,575
1,566,283
Expenditure on:
Raising funds
7
20,801
-
20,801
20,722
-
20,722
Charitable activities
8
1,263,033
619,018
1,882,051
1,069,523
441,895
1,511,418
Total expenditure
1,283,834
619,018
1,902,852
1,090,245
441,895
1,532,140
Net income/(expenditure)
(74,955)
102,640
27,685
(24,537)
58,680
34,143
Transfers between funds
17,257
(17,257)
-
15,814
(15,814)
-
Net movement in funds
11
(57,698)
85,383
27,685
(8,723)
42,866
34,143
Reconciliation of funds:
Fund balances at 1 January 2025
388,718
504,914
893,632
397,441
462,048
859,489
Fund balances at 31 December 2025
331,020
590,297
921,317
388,718
504,914
893,632

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ALIVE CHURCH LINCOLN
CONSOLIDATED BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 13 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
15
337,224
364,599
Current assets
Debtors
17
100,356
39,790
Cash at bank and in hand
736,367
787,081
836,723
826,871
Creditors: amounts falling due within one year
18
(88,914)
(118,489)
Net current assets
747,809
708,382
Total assets less current liabilities
1,085,033
1,072,981
Creditors: amounts falling due after more than one year
19
(163,716)
(179,349)
Net assets
921,317
893,632
Income funds
Restricted funds
24
590,297
504,914
Unrestricted funds
Designated funds
23
167,950
189,869
General unrestricted funds
163,070
198,849
331,020
388,718
921,317
893,632
ALIVE CHURCH LINCOLN
CONSOLIDATED BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 14 -

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

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 under the requirements of the Companies Act 2006, 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 Trustees on 18 June 2026
M O Olakunle-Olabode
Trustee
Company registration number 07494717
ALIVE CHURCH LINCOLN
BALANCE SHEET - CHARITY ONLY
AS AT
31 DECEMBER 2025
31 December 2025
- 15 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
15
328,592
352,655
Investments
16
1
1
328,593
352,656
Current assets
Debtors
17
109,065
44,497
Cash at bank and in hand
726,764
781,917
835,829
826,414
Creditors: amounts falling due within one year
18
(79,389)
(109,018)
Net current assets
756,440
717,396
Total assets less current liabilities
1,085,033
1,070,052
Creditors: amounts falling due after more than one year
19
(163,716)
(176,420)
Net assets
921,317
893,632
Income funds
Restricted funds
24
590,297
504,914
Unrestricted funds
Designated funds
23
167,950
189,869
General unrestricted funds
163,070
198,849
331,020
388,718
921,317
893,632
ALIVE CHURCH LINCOLN
BALANCE SHEET - CHARITY ONLY
AS AT
31 DECEMBER 2025
31 December 2025
- 16 -

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

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 under the requirements of the Companies Act 2006, 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 Trustees on 18 June 2026
M O Olakunle-Olabode
Trustee
Company registration number 07494717
ALIVE CHURCH LINCOLN
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 17 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash (absorbed by)/generated from operations
29
(20,130)
94,412
Investing activities
Purchase of tangible fixed assets
(10,328)
(21,822)
Proceeds from disposal of tangible fixed assets
-
3,800
Net cash used in investing activities
(10,328)
(18,022)
Financing activities
Repayment of bank loans
(20,256)
(19,735)
Net cash used in financing activities
(20,256)
(19,735)
Net (decrease)/increase in cash and cash equivalents
(50,714)
56,655
Cash and cash equivalents at beginning of year
787,081
730,426
Cash and cash equivalents at end of year
736,367
787,081
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 18 -
1
Accounting policies
Charity information

Alive Church Lincoln is a private company limited by guarantee incorporated in England and Wales. The registered office is Newland, Lincoln, Lincolnshire, LN1 1XG, United Kingdom.

1.1
Accounting convention

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” (“FRS 102”) 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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements consolidate the results of the charity and its wholly owned subsidiary on a line by line basis. The statement of financial activity for the charity has not been included separately as the charity has taken advantage of exemptions in section 408 of the Companies Act 2006.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees 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 trustees in furtherance of their charitable objectives.

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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
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.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 19 -
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.

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.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% - 10% straight line
Plant and equipment
20% straight line
Fixtures and fittings
20% straight line and 25% reducing balance
Computers
20% straight line
Motor vehicles
20% 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
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).

1.8
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.

1.9
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.

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 20 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
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.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 21 -
3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
1,088,745
370,478
1,459,223
936,851
291,539
1,228,390
Grants
-
351,180
351,180
-
206,589
206,589
1,088,745
721,658
1,810,403
936,851
498,128
1,434,979
Grants
MHWCIF
-
9,745
9,745
-
14,618
14,618
UKSPF
-
306,685
306,685
-
173,000
173,000
BCL/ACL Sudbroke Drive NHS Wellbeing
-
30,000
30,000
-
15,000
15,000
SNAP
-
-
-
-
3,971
3,971
Other
-
4,750
4,750
-
-
-
-
351,180
351,180
-
206,589
206,589
4
Charitable activities
2025
2024
£
£
Other income
62,404
47,819
Analysis by fund
Unrestricted funds
62,404
45,372
Restricted funds
-
2,447
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 22 -
5
Other trading activities
2025
2024
£
£
Charity:

Rental income

6,200
6,200
Trading activity income: other
8,918
16,686
Enterprises:

Catering

13,286
13,328

Hire of facilities

27,961
43,364

Wedding income

460
972
PA/IT Income
905
435
Other trading activities
57,730
80,985
6
Other income
2025
2024
£
£
Net gain on disposal of tangible fixed assets
-
2,500
7

Raising funds

2025
2024
£
£
Trading costs
Other trading activities
17,490
16,546
Depreciation and impairment
3,311
4,176
Trading costs
20,801
20,722
20,801
20,722
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 23 -
8
Charitable activities
2025
2024
£
£
Staff costs
700,327
593,157
Depreciation and impairment
34,392
37,433
Unrestricted charitable expenditure
450,683
406,649
SHINE
4,250
20,665
Rise and build
125,609
90,369
Missions
37,355
20,733
Ermine Exchange
252,941
36,850
1,605,557
1,205,856
Grant funding of activities (see note 9)
68,683
108,941
Share of support costs (see note 10)
185,877
179,911
Share of governance costs (see note 10)
21,934
16,710
1,882,051
1,511,418
Analysis by fund
Unrestricted funds
1,263,033
1,069,523
Restricted funds
619,018
441,895
1,882,051
1,511,418
9
Grants payable
2025
2024
£
£
Grants to institutions:
Ground Level
5,000
5,000
Acts Trust
40,000
58,669
Butterflies
665
814
The Shed
557
612
Betel
6,000
6,000
Hatfield
6,864
6,000
Cafe
7,066
789
Community worker
-
27,924
Everything Network
2,531
3,000
Love Christmas
-
113
Other
-
20
68,683
108,941
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 24 -
10
Support costs allocated to activities
Total
Total
2025
2024
£
£
Staff costs
185,877
179,911
Governance
21,934
16,710
2025
2024
Governance costs comprise:
£
£
Audit fees
12,720
12,600
Accountancy
9,214
4,110
21,934
16,710
11
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
21,934
16,710
Depreciation of owned tangible fixed assets
37,703
41,609
Loss/(profit) on disposal of tangible fixed assets
-
(2,500)
12
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
38
31
Employment costs
2025
2024
£
£
Wages and salaries
784,995
704,829
Social security costs
73,479
47,795
Other pension costs
27,730
20,444
886,204
773,068
There were no employees whose annual remuneration was more than £60,000.
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
12
Employees
(Continued)
- 25 -
Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2025
2024
£
£
Aggregate compensation
231,864
263,778
13
Trustees

None of the trustees (or any persons connected with them) received any expenses during the year.

The charity's memorandum and articles of association allowing remuneration to be paid to trustees are approved by the Charity Commission. The following remuneration was paid to the following trustees during the year:

2025
2024
S Bell
12,083
28,671
I Bell
8,714
41,530
H Williams
34,939
-
55,736
70,201

All Trustees salaries relate to employment services provided and are not remuneration for services as Trustees.

 

In addition to the amounts noted above is £9,831 (2024: £23,594) paid to S B Training and Consultancy for S Bell consultancy fees.

 

Dave Bell, son of Senior Pastors of Alive Church and Trustees Stuart and Irene Bell, was paid total remuneration as an employee of £27,231 (2024: £21,791).

 

Sarah Bell, daughter-in-law of Senior Pastors of Alive Church and Trustees Stuart and Irene Bell, was paid total remuneration as an employee of £16,886 (2024: £21,260).

 

Glen Ross, son-in-law of Senior Pastors of Alive Church and Trustees Stuart and Irene Bell, was paid total remuneration as an employee of £43,636 (2024: £39,579).

 

Claire Williams, wife of Lead Pastor of Alive Church and Trustee Howard Williams, was paid total remuneration as an employee of £31,172 (2024: £30,538).

14
Taxation

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

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 26 -
15
Tangible fixed assets
Group
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 January 2025
1,036,750
372,037
184,481
42,207
4,250
1,639,725
Additions
-
3,635
-
6,693
-
10,328
At 31 December 2025
1,036,750
375,672
184,481
48,900
4,250
1,650,053
Depreciation and impairment
At 1 January 2025
744,561
333,263
162,833
30,794
3,675
1,275,126
Depreciation charged in the year
7,740
18,791
6,337
4,685
150
37,703
At 31 December 2025
752,301
352,054
169,170
35,479
3,825
1,312,829
Carrying amount
At 31 December 2025
284,449
23,618
15,311
13,421
425
337,224
At 31 December 2024
292,189
38,774
21,648
11,413
575
364,599
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
15
Tangible fixed assets
(Continued)
- 27 -
Charity only
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 January 2025
1,036,750
372,037
128,912
42,207
4,250
1,584,156
Additions
-
3,635
-
6,693
-
10,328
At 31 December 2025
1,036,750
375,672
128,912
48,900
4,250
1,594,484
Depreciation and impairment
At 1 January 2025
744,561
333,263
119,207
30,794
3,675
1,231,500
Depreciation charged in the year
7,740
18,791
3,026
4,685
150
34,392
At 31 December 2025
752,301
352,054
122,233
35,479
3,825
1,265,892
Carrying amount
At 31 December 2025
284,449
23,618
6,679
13,421
425
328,592
At 31 December 2024
292,189
38,774
9,705
11,413
575
352,656
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 28 -
16
Fixed asset investments
Group
Total
£
Cost or valuation
At 1 January 2025 & 31 December 2025
-
At 31 December 2025
-
Carrying amount
At 31 December 2025
-
At 31 December 2024
-
Charity only
Total
£
Cost or valuation
At 1 January 2025 & 31 December 2025
1
At 31 December 2025
1
Carrying amount
At 31 December 2025
1
At 31 December 2024
-
17
Debtors
Group
Charity
2025
2024
2025
2024
Amounts falling due within one year:
£
£
£
£
Trade debtors
9,590
11,823
5,349
2,498
Amounts owed by subsidiary undertakings
-
-
13,575
14,074
Other debtors
19,114
17,013
19,114
16,971
Prepayments and accrued income
71,652
10,954
71,027
10,954
100,356
39,790
109,065
44,497
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 29 -
18
Creditors: amounts falling due within one year
Group
Charity
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans
20
15,213
19,836
12,283
15,035
Other taxation and social security
17,807
13,099
17,807
13,099
Deferred income
21
-
15,000
-
15,000
Trade creditors
13,838
3,561
12,988
3,561
Other creditors
9,231
3,604
9,231
3,604
Accruals
32,825
63,389
27,080
58,719
88,914
118,489
79,389
109,018
19
Creditors: amounts falling due after more than one year
Group
Charity
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans
20
163,716
179,349
163,716
176,420

The Kingdom bank loan will be repaid over the thirty year term at a variable interest rate of 2.5% above the higher of the Bank of England Base Rate or 3%. The loan has been split based on the prevailing variable rate of interest at 31 December 2025 of 6.75%.

 

The Virgin Money bounceback loans will be repaid over the six year term and the loans have been split based on the fixed interest rate of 2.5%.

20
Loans and overdrafts
Group and charity
2025
2024
£
£
Bank loans
178,929
199,185
Payable within one year
15,213
19,836
Payable after one year
163,716
179,349
Amounts included above which fall due after five years:
Payable by instalments
(136,998)
(145,745)

A bank loan is secured by a first legal charge dated 14 September 2012 over St Peters Hall, Grantham and a legal charge dated 30 June 2011 over 11/13 Newland, Lincoln. The amount payable at 31 December 2025 was £169,274 (2024: £174,730).

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 30 -
21
Deferred income
Group and charity
2025
2024
£
£
Other deferred income
-
15,000

Deferred income relates to grant monies received for future periods.

2025
2024
£
£
Deferred income is included within:
Current liabilities
-
15,000
Movements in the year:
Deferred income at 1 January 2025
15,000
-
Released from previous periods
(15,000)
-
Resources deferred in the year
-
15,000
Deferred income at 31 December 2025
-
15,000
22
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
27,730
20,444

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

There were pension amounts outstanding at the 31 December 2025 totalling £4,063 (2024: £3,171).

23
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used.

At 1 January 2025
Incoming resources
Resources expended
Transfers
At 31 December 2025
£
£
£
£
£
Fixed asset funds
189,869
-
(49,504)
27,585
167,950
General funds
198,849
1,208,879
(1,234,330)
(10,328)
163,070
388,718
1,208,879
(1,283,834)
17,257
331,020
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
23
Unrestricted funds
(Continued)
- 31 -
Previous year:
At 1 January 2024
Incoming resources
Resources expended
Transfers
At 31 December 2024
£
£
£
£
£
Fixed asset funds
206,293
-
(32,238)
15,814
189,869
General funds
191,148
1,065,708
(1,058,007)
-
198,849
397,441
1,065,708
(1,090,245)
15,814
388,718
ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 32 -
24
Restricted funds
Group and charity

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

Movement in funds
Movement in funds
Balance at
1 January 2024
Incoming resources
Resources expended
Transfers
Balance at
1 January 2025
Incoming resources
Resources expended
Transfers
Balance at
31 December 2025
£
£
£
£
£
£
£
£
£
Building
356,561
169,318
(137,035)
(18,314)
370,530
231,212
(153,463)
(17,257)
431,022
UK Shared Prosperity Fund
-
173,000
(173,000)
-
-
316,375
(316,375)
-
-
Missions Fund
97,457
143,639
(111,194)
2,500
132,402
164,326
(144,931)
-
151,797
Shine Fund
8,030
14,618
(20,666)
-
1,982
9,745
(4,249)
-
7,478
462,048
500,575
(441,895)
(15,814)
504,914
721,658
(619,018)
(17,257)
590,297

Included in the building fund are offerings and donations specifically to meet costs to maintain and finance the building.

 

The Missions fund are offerings and donations collected for Missions work in majority through the 'Make a Difference' campaign.

 

The UK Shared Prosperity Fund includes a grant from the City of Lincoln Council for the development of Ermine Exchange as part of the Lincoln North Community Hub Partnership.

 

Transfers between funds

Transfers from the Rise & Build fund to the general fund are in relation to building loan repayments of £17,257 during the period.

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 33 -
25
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 December 2025:
Tangible assets
337,224
-
337,224
Current assets/(liabilities)
157,512
590,297
747,809
Long term liabilities
(163,716)
-
(163,716)
331,020
590,297
921,317
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Tangible assets
364,599
-
364,599
Current assets/(liabilities)
203,468
504,914
708,382
Long term liabilities
(179,349)
-
(179,349)
388,718
504,914
893,632
26
Operating lease commitments
Lessee

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
17,878
16,538
Between two and five years
17,878
35,756
35,756
52,294
27
Related party transactions

Total donations from Trustees during the period amounted to £15,777 (2024: £12,142).

ALIVE CHURCH LINCOLN
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 34 -
28
Subsidiaries

Details of the charity's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered
Nature of business
Class of
% Held
office
shares held
Direct
Indirect
Alive Enterprises Ltd
England and Wales
Activities of conference organisers
Ordinary shares
100.00
29
Cash (absorbed by)/generated from operations
2025
2024
£
£
Surplus for the year
27,685
34,143
Adjustments for:
Gain on disposal of tangible fixed assets
-
(2,500)
Depreciation and impairment of tangible fixed assets
37,703
41,609
Movements in working capital:
(Increase) in debtors
(60,566)
(4,808)
(Decrease)/increase in creditors
(9,952)
10,968
(Decrease)/increase in deferred income
(15,000)
15,000
Cash (absorbed by)/generated from operations
(20,130)
94,412
30
Analysis of changes in net funds
At 1 January 2025
Cash flows
At 31 December 2025
£
£
£
Cash at bank and in hand
787,081
(50,714)
736,367
Loans falling due within one year
(19,836)
4,623
(15,213)
Loans falling due after more than one year
(179,349)
15,633
(163,716)
587,896
(30,458)
557,438
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