THE KING'S CHURCH WISBECH REPORT AND ACCOUNTS For the ear ended 31 December 2024 WHITINGS LLP CHARTERED ACCOUNTAN"TS WISBECH, BURY ST. EDMUNDS, ELY, KINGS LYNN, MARCH, MILDENHALL, PETERBOROUGH, RAMSEY, ST. IVES AND ST. NEOTS
THE KING'S CHURCH WISBECH ANNUAL REPORT For the ear ended 31 December 2024 The Trustees present their Annual Report together with the Accounts for the Charity for the year ended 31 December 2024. The King's Church, Wisbech is registered with the Charity Cotnmissioners No. 1000160 and constituted by a Deed of Trust. The regtstered address is 14 CKarkson Avenue, Wisbech, Cambs, PE13 2EG. The Church Overseers direct all spiritual aspects of the church, and the Trustees have responsibility for the administration of the Charity. The trustees are all drawn from the beneficiaries of the charity. During the financial year the following have served as trustees: Mr Keith Smith Mr Matthew Mcchlery Mrs Lynn Monaghan Mr Alan Hammond Mrs Carol Forrest (Stepped down 2210712024) Mrs Ogomoditse Matthys (From 2311012024) Mrs Verity Mcchlery - Chairman Secretary OBJECTS AND ORGANISATION: The object of the Charity is the advancement of the Christian faith and, as an expression of that faith, to bring help and relief to people in conditions of hardship or distress, The work of the Charity is p¢rfom]ed by one part time administrator and volunteer workers who, in turn, are Cared for and directed by thc oversight of the Church. During the year 37 people volunteered for the Church. The church makes grants to organisations and individuals. These grants are decided by the trustees, They are given to individuals in need or to support a Christian Ministry, either an individual or organisation, who is meeting the objectives of the CharÉty. REVIEW OF THE YEAR: Introduction This has been another successful year for the charity. Attendance at weekly meetings has seen growth. The number of Baptisms was steady with 4. The children's work contlnues to grow with approximately 20, 5 - 1 l years old being involved during the year. A small youth work has also started. The leadership of the church continues to develop and grow in number with the church having 13 people in leadership roles by the end of the year. Financially the income of the church is growing steadily and continues to meet the needs of the church. This year the church gave over 500/0 of its income away in grants, to organisations and ministries. Th¢ leadership of the church thank God for his continuing grace and provision to us.
THE KING'S CHURCH WISBECH ANNUAL REPORT CONT'D For the ear ended 31 December 2024 Operation of the Trustee Body The trustee body met 5 times during the year. The trustees continued to regularly review the management accounts, update policies and update the risk register. The health and safety leads have been reviewing risk assessments, and the safeguarding leads have been reviewing the safeguarding policy and procedures. 2 fire drills have been successfully completed in the Queen Mary Centre. Financial Results In managing the church finances, the trustees are pleased to report that there continues to be sufficient funds to meet all the operating costs of our ministry and to be able to support local, national and international Christian ministries. The income for the year was just under £64,000 and was 6 % high¢r than projected. The Charity made a surplus on general funds of £7,499 during the year. The trustees have discussed financial risks and have concluded that there are sufficient reserves to cover any financial risk that the charity may face. The church's income is solely dependent on donations from those attending its meetings and the Gift Aid received in connection to it. The trustees are satisfied that, should this source of income cease entirely, there are sufficient funds for the church to continue operating for at Icast the next 6 months. The trustees are aware of their stewardship of these resources and ensure they are used to enable the Objects of the charity to be met. Grants During the year we continued to support a range of individuals, local, national and international charities. The organisations supported ar¢ reviewed annually and decisions made on whether to continue the support or not based on their current activity and the chLtrch's current mission. Grants were also made to a variety of individuals to support their ministry in the Kings Church. In total during the year just over £33,724 of grants were made to organisations and individuals. One Trustee is employed by the charity, and another is supported with a grant from the charity. These payments are reviewed annually by the remaining 4 trustees. In total Trustees received £17,677 from the charity. Training During the year church volunteers engaged with Safeguarding and health and safety training. DBS checks are carried out on all volunteers working with children, vulnerable adults or are leadership positions over seeing these activities. The trustees underwent a variety of training as did volunteers. Buildings The church uses the Queen Mary Centre for its Sunday morning services and other events. This financial contribution, along with its role as part of the management committee, enables the church to support the Centre in its availability for the wider community.
THE KING'S CHURCH WISBECH ANNUAL REPORT CONT'D For the ear ended 31 December 2024 Buildings (Cont'd) The church also leases an office and small meeting room in Octavia View, the home of the Feny Project which provides accommodation and support for those who would otherwise be homeless. The office is used as the main church office and the meeting room has been used as a studio for online meetings. The meeting room was again used for face-to-fa¢¢ meetings. Meetings of various sorts also take place in private homes. Safeguarding and Health and Safety During the year no safeguarding issues were raised. The church has created a short video to encourage all members of the church to be aware of safeguarding issues. A clear and simple reporting system has been shared with the church. In a similar way th¢ issue of health and safety has been raised and the members of the church reminded that health and safety is a matter for us all, These reminders have been well received. Beneficiaries Kt is very difficult to Calculatc the exact number of b¢neficÉaries there are from th¢ activity of the church. This is because materials are available to download on YouTube and the church's website and although we look at the download figures it is difficult to know how many people watch these downloads. What we do know is that hundreds of downloads have taken place. The majority of these are in the UK but hundreds are taking place in countries around the world. The average attendau¢¢ at th¢ various services that the Kings Church holds has in¢r¢as¢d during the year. By the end of the year the Trustees estimate that there were 175 - 225 beneficiaries of these services. The church website has proved to be a particularly effective tool at making The King's Church and the Christian message known in the area, throughout the UK and in other countries. The church also has effective and well- used Facebook and Instagram pages. We seek to make the Christian faith relevant and desirable. We exist to enable people, from wherever they start, to grow in their knowledge of and relationship with Jesus Christ. We also believe that the good news of the gospel is for the whole person and as such we seek to provide a framework which provides pastoral help and support for a very diverse congregation. In Wisbech the King's Church seeks to make an effectiv¢ contribution to the work and witness of the church in this community and, in some small measure, to the world. The church encourages its congregation to be involved with groups in the local community and has organised some events in the community. The ministry of the church in supporting people in need is growing. Support is provided in a range of ways. l. Emotional and spiritually - This includes a range of practical support as well as prayer ministry. 2. Financially - Grants and gifts are given to people in need. 3. Practically- People are supported with lifts, meals, help, signposting and much more,
THE KING'S CHURCH WISBECH AIYNUAL REPORT CONT'D For the ear ended 31 December 2024 Plans for the future The church is considering entering into a partnership with a local Homelessness charity (The Ferry Project) to provide furniture and household goods to local people. The details are being worked out. If it goes ahead this partnership would start during 2025. A. HAMMOND Trustee K. SMITH Trustee 6 July 202S
THE KING'S CHURCH WISBECH RECEIPTS AND PAYMENTS ACCOUNT GENERAL FUND For the ear ended 31 December 2024 Unrestricted Restricted Funds Funds Total 2024 Total 2023 RECEIPTS: Donations, Legacies and Other Similar Receipts: Regular Giving/Offerings Tax Recovered Donations Operating Activities to further the Charity's Objects: Sundry Income Income from Investments: Bank Int¢r¢st Received 49,784 11,683 250 49,784 11,683 1,402 48,304 11,839 3,734 1,152 352 740 740 283 TOTAL RECEIPTS 62,457 1,152 63,609 £ 64,512 PAYMENTS: Grants to further the Objects of the Charity: Aid for Armenia India Kintsugi Hope Christian Concern (CCFON) Eternal Wall Wisbech Foodbank Open Doors United Christian IJM Compassion Child Support Other 720 365 720 1,000 440 720 720 480 720 720 720 384 1,230 640 635 440 720 720 480 720 720 720 680 420 480 480 I,415 384 1,230 4,370 CHARITABLE EXPENDITURE: Charitable Activities: Supported Ministry Secretarial Wages and Expenses Hire of Premises Insurance Telephone and Internet Sundrics and Gifts Training Project and Event Expenses Website and Publicity Performance & Copyright Licences Churches in Communities - Affiliation Evangellcal Alliance - Subscription Safeguarding Memb¢rship Audiolvisual Equipment 25,800 6,037 6,467 573 346 532 669 2,354 1,947 777 360 100 150 945 25,800 6,037 6,467 573 346 582 669 3,454 1,947 777 360 100 150 945 23,450 4,967 11,066 568 736 650 1,582 5,477 1,372 484 360 100 50 1,100 1,653 Carried forward 53,442 2,619 56,061 60,950
THE KING'S CHURCH WISBECH RECEIPTS AND PAYMENTS ACCOUNT GENERAL FUND CONT'D For the ear ended 31 December 2024 Unrestricted Restricted Funds Funds Total 2024 Total 2023 Brought fonvard 53,442 2,619 56,061 60,950 Management and Administration: Independent Examiner's Fees Printing, Postage and Stationery 1,254 262 1254 262 1,140 229 TOTAL PAYMENTS 54,958 2,619 57,577 £ 62,319 NET RECEIPTS/ AYIIIENTS for the year 7,499 (1,467) 6,032 2,193 BANKICASH BALANCE as at l January 37279 3,585 40,864 38,671 BANKJCASH BALANCE as at 31 December 44,778 2,118 46,896 £ 40,864
THE KING'S CItURCH WISBECH STATEMENT OF ASSETS AND LIABILITIES For the ear ended 31 December 2024 Unrestricted Restrieted Funds Funds General Fund Chari Fund Total 2024 Total 2023 MONETARY ASSETS: Bank Current Account Bank Savings Account I Bank Savings Account 2 Cash in Hand 14,070 17,473 13,215 20 2,118 16,188 17,473 13,215 20 23,423 17,433 TOTAL CASH AT BANKIIN HAND 44,778 2,118 46,896 £ 40,864 NON-MONETARY ASSETS: Other Assets: Held for functional use by the Charity: Various items of Audio and PA Equipment Projector and Laptop Computer Photocopier All in good condition LIABILITIES: Crcditors tor Services provided 188 £ 188 239 Note: Restricted Funds comprise:_ Charity Fund: Represents a balance of appeal monies received to be expended in 2025: Aid for Amienia Compassion Christmas Appeal 787 1,331 The Accounts have been prepared on a Receipts and Payments basis under Section 133 of the Charities Act 2011. For and on behalf of the Trustees A HAMMOND TRUSTEES K. SMITH 06 July 2025
THE KING'S CHURCH WISBECH NDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE KING'S CHURCH WISBECH I report to the Trustees on my examination of the Accounts of The King's Church, Wisbech (the Chaiity) for the year ended 31 December 2024 which are set out on Page 5 to 7. Res onsibilities and Basis of Re ort: As the Charity's Trustees you are responsible for the preparation of the Accounts in accordance with the requirements of the Charities Act 201 I ("the Act"). I report in respect of my examination of the Charity's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Inde endent Examiners Statement: I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept as required by Section 130 of the Act. or 2. the accounts do not accord with those records. have no concerns and hav¢ come across no other Enatters in ¢onnection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the Accounts to be reached. K. J. DAY F.C.C.A clo Whitings LLP Chartered Accountants 12113 The Crescent Wisbech Cambs PE13 IEH 6 July 2025