Company registration number 08472181 (England and Wales)
Charity registration number 1151736 (England and Wales)
EQUIPPERS CHURCH ESSEX
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
EQUIPPERS CHURCH ESSEX
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B Roberts
Mr P Prothero
Mr M Collard
Country of incorporation
United Kingdom
(England and Wales)
Company registration number
08472181
Charity number (England and Wales)
1151736
Registered office
61 Rouse Way
Colchester
Essex
CO1 2TT
Independent examiner
John Caladine FCCA CTA FCIE
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
EQUIPPERS CHURCH ESSEX
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
4
Statement of financial activities
5
Statement of financial position
6
Notes to the financial statements
7 - 18
EQUIPPERS CHURCH ESSEX
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 Church's Memorandum and Articles of Association, 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 purpose of Equippers Church Essex charitable company is to advance the Christian faith both locally and around the world. Also to relieve suffering and financial hardship for those in need.

 

Equippers Church is a vibrant organisation, part of Acts Churches UK movement.

 

Below is a list of our principle activities:

 

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Church should undertake.

Achievements and performance
Significant activities and achievements against objectives

The vision of the charity is ‘to equip people for life through faith in Jesus Christ’. This is done primarily through Christian events and education. Teaching on the Christian faith is done both through regular Sunday meetings, online services and Connect groups. These activities are open to all.

 

Our gatherings are very diverse with people attending from many different backgrounds and cultures.

 

Our main activities this year were:

 

 

 

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

Other Activities:

We join with other churches in Colchester to run the Free Family Fun Festival, a day for the families of Colchester to enjoy free of charge. This tracts in excess of 10,000 people.

 

We join with other churches in Colchester for an evening service at Pentecost, a popular event that brings unity across the churches.

 

We give financially to 5 charities regularly: Beacon House, Blue Print For All, Vision For Israel, Compassion and International Justice Mission.

 

The church attends three UK conferences each year: Shout UK for the whole church, For Her our women’s conference and YXYA our youth and young adults conference.

 

Generosity and Global Church Growth

Where we see financial hardship and are able to bring relief, we aim to be generous and extend love in practical ways.

 

We consistently give to Equippers Church in Ghana to help them promote the Christian faith in their community.

 

Where opportunity arises we support other churches financially where we are able.

 

This has been another year of growth for Equippers Essex, many new people joining the church, finding faith in Jesus and being baptised.

The finances remain healthy with the generous giving of the church.

 

We continue to look for a building to call home. Having found an ideal building this year, we were denied change of use by the council as they have plans to build houses on the site in the future. However, the church remains strong and we are better positioned both in the numerical size of the church and financially to purchase our own building when the right opportunity arrives.

Financial Support

Where we see financial hardship and are able to bring relief, we aim to be generous and extend love in practical ways.

 

We consistently give to Equippers Church in Ghana to help them promote the Christian faith in their community.

 

Where opportunity arises we support other churches financially where we are able.

 

Plans For the Future

Our mission and objectives will remain the same. We plan to continue helping people grow a personal relationship with God and see the church grow numerically and in impacting the local community.

 

Our strategy will continue to be meeting in person on Sundays as well as offering online services, with small groups during the week.

 

We attempted to acquire a building in that year using the money saved in the Impact Fund as a deposit, but ultimately it did not work out, so we are still looking.

Financial review

The Church were able to report a growth in income in 2025 which resulted in a surplus after transfers of £122,991 (2024: £19,732) on general fund operations.

EQUIPPERS CHURCH ESSEX
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
Reserves policy

It is the policy of the Church that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least three months operating expenditure calculated to be approximately £40,000. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Church’s current activities while consideration is given to ways in which additional funds may be raised. The unrestricted reserves held at the end of the year were below this level and the trustees will monitor this. The designated Impact funds could be used if required.

Major risks

The Trustees have assessed the major risks to which the Church is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The Church is a company limited by guarantee as defined by the Companies Act 2006. The Church is governed by its Memorandum and Articles of Association.

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:

 

Mr B Roberts
Mr P Prothero
Mr M Collard
Recruitment and appointment of trustees

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

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

Mr B Roberts
Trustee
5 June 2026
EQUIPPERS CHURCH ESSEX
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF EQUIPPERS CHURCH ESSEX
- 4 -

I report to the Trustees on my examination of the financial statements of Equippers Church Essex (the Church) for the year ended 31 December 2025.

Responsibilities and basis of report

As the Trustees of the Church (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 Church are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Church’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the Church’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Association of Charity Independent Examiners, which is one of the listed bodies.

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 Church 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.

John Caladine FCCA CTA FCIE
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
5 June 2026
EQUIPPERS CHURCH ESSEX
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
338,242
1,118
339,360
220,012
1,421
221,433
Investments
4
1,373
45
1,418
1,904
-
1,904
Total income
339,615
1,163
340,778
221,916
1,421
223,337
Expenditure on:
Charitable activities
5
215,919
2,678
218,597
201,584
1,442
203,026
Total expenditure
215,919
2,678
218,597
201,584
1,442
203,026
Net income/(expenditure)
123,696
(1,515)
122,181
20,332
(21)
20,311
Transfers between funds
17
(705)
705
-
(600)
600
-
Net movement in funds
8
122,991
(810)
122,181
19,732
579
20,311
Reconciliation of funds:
Fund balances at 1 January 2025
226,714
6,651
233,365
206,982
6,072
213,054
Fund balances at 31 December 2025
349,705
5,841
355,546
226,714
6,651
233,365

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

EQUIPPERS CHURCH ESSEX
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 6 -
2025
2024
Notes
£
£
£
£
Fixed assets
Property, plant and equipment
12
4,561
2,949
Current assets
Trade and other receivables
13
4,557
2,312
Cash at bank and in hand
348,588
229,904
353,145
232,216
Current liabilities
14
(2,160)
(1,800)
Net current assets
350,985
230,416
Total assets less current liabilities
355,546
233,365
Net assets
355,546
233,365
The funds of the Church
Restricted income funds
17
5,841
6,651
Unrestricted funds
18
349,705
226,714
355,546
233,365

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.

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 Trustees on 5 June 2026
Mr B  Roberts
Mr P  Prothero
Trustee
Trustee
Company registration number 08472181 (England and Wales)
EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
1
Accounting policies
Company information

Equippers Church Essex is a private company limited by guarantee incorporated in England and Wales. The registered office is 61 Rouse Way, Colchester, Essex, CO1 2TT.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the Church's Memorandum and Articles of Association, 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)". The Church is a Public Benefit Entity as defined by FRS 102.

 

The Church has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Church. 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.

1.2
Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Church 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.

1.4
Income
Income is recognised when the Church 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 Church 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 Church 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.
1.5
Expenditure

Liabilities are recognised when a constructive obligation exists, the payment is probable and the obligation can be measured or estimated reliably.

 

Resources expended are allocated to the particular cost centre to which they relate and include irrecoverable VAT.

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies (Continued)
- 8 -
1.6
Property, plant and equipment

Fixtures, Fittings and Equipment 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 basis:

Fixtures, fittings and equipment
3 years 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.

Assets costing below £750 are not capitalised.

1.7
Impairment of non-current assets

At each reporting end date, the Church 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 Church 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 Church's balance sheet when the Church 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.

Basic financial assets

Basic financial assets, which include trade and other receivables 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.

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies (Continued)
- 9 -
Basic financial liabilities

Basic financial liabilities, including trade and other payables 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 payables 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 payables 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 Church’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 Church 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 Church’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.

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
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
338,242
1,118
339,360
220,012
1,421
221,433
Donations and gifts
Donations
202,430
900
203,330
161,711
1,283
162,994
Gift Aid recovered
35,567
218
35,785
27,132
138
27,270
Donations Impact Offerings
100,245
-
100,245
31,169
-
31,169
338,242
1,118
339,360
220,012
1,421
221,433
4
Income from investments
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Interest receivable
1,373
45
1,418
1,904
-
1,904
EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 11 -
5
Expenditure on charitable activities
Charitable Activities
Charitable Activities
2025
2024
£
£
Direct costs
Staff costs
45,524
45,524
Levy
9,212
3,340
Impact offering other expenditure
29,849
16,202
Small items of equipment annd consumables
2,709
5,017
Church activities
25,680
25,408
Honorarium (guest ministries)
4,542
7,157
Travel, subsistence and accomodation
7,981
3,879
Rental of venues and manse
42,789
38,600
Books and bibles
120
281
Miscellaneous
520
39
Training
6,608
6,598
Childrens work leader
5,405
5,384
180,939
157,429
Grant funding of activities (see note 6)
11,513
16,061
Share of support and governance costs (see note 7)
Support
5,104
9,075
Governance
21,041
20,461
218,597
203,026
Analysis by fund
Unrestricted funds
215,919
201,584
Restricted funds
2,678
1,442
218,597
203,026
EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 12 -
6
Grants payable
Charitable Activities
Charitable Activities
2025
2024
£
£
Grants to institutions:
Compassion
1,200
1,189
IJM
3,513
3,376
Equippers Network International
-
3,000
Beacon House
2,100
2,100
Vision for Israel
2,100
2,100
Stephen Lawrence Charitable Fund
2,100
2,100
11,013
13,865
Grants to individuals
500
2,196
11,513
16,061
EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 13 -
7
Support costs allocated to activities
2025
2024
£
£
Depreciation
2,643
6,367
Printing, postage and stationery
72
365
Telephone and internet
2,389
2,343
Governance costs
21,041
20,461
26,145
29,536
Analysed between:
Charitable Activities
26,145
29,536
2025
2024
Governance costs comprise:
£
£
Independent examination fees
700
680
Accountancy
1,910
1,360
Finance administration (including payroll)
6,300
6,755
Other administration
6,348
6,288
Bank charges
487
527
Subscriptions, licences and memberships
4,612
4,297
Insurance
684
554
21,041
20,461
8
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's independent examiner:
- for the independent examination of the charity's financial statements
700
680
- for tax advisory services
480
480
- for other financial services
1,360
1,360
Depreciation of owned property, plant and equipment
2,643
6,367
9
Trustees

Trustee Barry Roberts was paid a salary of £34,776 (2024: £34,776) and employer's pension contributions of £1,739 (2024: £1,739) for leadership of the Church.

 

He was also paid £12,600 (2024: £12,600) for accommodation and received expenses of £1,838 (2024: £3,413) for travel and mobile phone costs.

 

Donations to the church by Trustees, and their related parties, in the year was £12,040 (2024: £12,040).

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 14 -
10
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
2
2
Employment costs
2025
2024
£
£
Wages and salaries
43,785
43,785
Other pension costs
1,739
1,739
45,524
45,524
There were no employees whose annual remuneration was more than £60,000.

Key Management Personnel

Mr B Roberts is considered to be the Key Management Personnel for the Church and his remuneration details are as disclosed in note 10 to the Financial Statements.

11
Taxation

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

12
Property, plant and equipment
Fixtures, fittings and equipment
£
Cost
At 1 January 2025
38,656
Additions
4,256
At 31 December 2025
42,912
Depreciation and impairment
At 1 January 2025
35,708
Depreciation charged in the year
2,643
At 31 December 2025
38,351
Carrying amount
At 31 December 2025
4,561
At 31 December 2024
2,949
EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 15 -
13
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Other receivables
2,271
2,019
Prepayments and accrued income
2,286
293
4,557
2,312
14
Current liabilities
2025
2024
Notes
£
£
Deferred income
15
150
-
Accruals
2,010
1,800
2,160
1,800
15
Deferred income
2025
2024
£
£
Other deferred income
150
-

Deferred income is included in the financial statements as follows:

2025
2024
£
£
Deferred income is included within:
Current liabilities
150
-
Movements in the year:
Deferred income at 1 January 2025
-
-
Resources deferred in the year
150
-
Deferred income at 31 December 2025
150
-
16
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
1,739
1,739

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

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 16 -
17
Restricted funds

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.

At 1 January 2025
Incoming resources
Resources expended
Transfers
At 31 December 2025
£
£
£
£
£
Buffer Account
1,485
3
(1,400)
-
88
IJM Ministries
131
1,118
(1,278)
135
106
Sabbatical Fund
5,035
42
-
570
5,647
6,651
1,163
(2,678)
705
5,841
Previous year:
At 1 January 2024
Incoming resources
Resources expended
Transfers
At 31 December 2024
£
£
£
£
£
Buffer Account
1,485
-
-
-
1,485
IJM Ministries
152
1,421
(1,442)
-
131
Sabbatical Fund
4,435
-
-
600
5,035
6,072
1,421
(1,442)
600
6,651

Buffer Fund

This fund includes welfare gifts and a gift from the Cinnamon Trust to fund educational lessons.

 

IJM Ministries

A fund to support the work of International Justice Mission.

 

Sabbatical Fund

This represents money put aside to fund the senior Pastor a future sabbatical.

 

Transfers were from the General fund to provide funds

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 17 -
18
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. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2025
Incoming resources
Resources expended
Transfers
At 31 December 2025
£
£
£
£
£
Impact Offerings
161,603
110,574
(38,087)
(462)
233,628
General funds
65,111
229,041
(177,832)
(243)
116,077
226,714
339,615
(215,919)
(705)
349,705
Previous year:
At 1 January 2024
Incoming resources
Resources expended
Transfers
At 31 December 2024
£
£
£
£
£
Impact Offerings
155,594
34,457
(21,345)
(7,103)
161,603
General funds
51,388
187,459
(180,239)
6,503
65,111
206,982
221,916
(201,584)
(600)
226,714

This fund represents specific offerings for future, yet unidentified, projects and includes income deferred from earlier years.

EQUIPPERS CHURCH ESSEX
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 18 -
19
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 December 2025:
Property, plant and equipment
4,561
-
4,561
Current assets/(liabilities)
345,144
5,841
350,985
349,705
5,841
355,546
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Property, plant and equipment
2,949
-
2,949
Current assets/(liabilities)
223,765
6,651
230,416
226,714
6,651
233,365
20
Financial commitments, guarantees and contingent liabilities

The Church has a rolling 1 month notice period on the manse lease for the pastor.

21
Related party transactions

Other related party transactions

Receipts of £0 (2024: £220) was received from P3 Consultants, a consultancy business of Trustee P Prothero.

 

Sarah Roberts, wife of Trustee Barry Roberts, was reimbursed £476 for mobile phone usage during the year (2024: £471).

 

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