REGISTERED COMPANY NUMBER: 02425628 {England and Wales) REGISTERED CHARITY NUMBER: 1001599 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR GROUND LEVEL MINISTRY TEAM SMETHURST & Co LLP CHARTERED ACCOUNTANTS
GROUND LEVEL MINISTRY TEAM CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page - Report of the Trustees Independent Examlnerfs Report statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Slatement 10 Notes to the Flnanclal Statements 11 to 18
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 ECEMBER 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted Ihe provisions of Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Ground Level's charitable objects are.. To advance the Christian Faith by promoting, supporting, and encouraging the -church in the-area of-T-he Humbep-to-the- Wash-and beyond by-any-means-whatsoever including {bul- n(it by way-- of limitation) the preaching and proclamation of the Christian Gospel and the teaching of Christian Doctrine and Principles along with the pastoral care of Chrislian people and those in leadership within the Church. Grantmaking The DirectOrsruSteeS receive applications for funding of speciflc projects from churches within the Ground Level Network. Applications are made lo the Executive Team. These are considered by the Directorsl Trustees and the Ground Level Executive team throughout the year. Applicants for fvnding are required to evidence that Ihey can meet the Criteria within the grant making policy before grants are prOssed. The successful funding applicants are asked to report back on their progress, evidencing successful achievement of agreed outcomes. Volunteers The monetary value of volunteers, time has not been quantified, but the DIrectorsruStees are extremely grateful for their contribution and support, especially with our summer 'Awaken' gathering, in August 2024 which involved 351 volunteers contributing over 7,600 hours. PUBLIC BENEFIT We have referred to the guidance contained in the Charity Commission's general guidan on public benefit and complied with section 17(5) of Ihe 2011 Charities act when reviewing our aims and objectives and in planning our future activities. In particular, the DirectorSrusteeS consider how planned activities will contribute to the aims and objectives they have set. Page 1
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 2425628 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBE 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities In 2024 all of our events were 'in-person' with options for online attendance enabling people to benefit who have previously been challenged by distance of travel. In April 2024 our 3-day leaders conference attracted 467 delegates from the UK & overseas. Through keynote and o-lab sessions we focused on equipping leaders, teams and churches to increase their impact in the communities they operate within, and we provided specifi¢ input for emerging and younger leaders. The Monthly Leaders Days have conlinued with national speakers representing significant churcheslchurch networks or relaled-third seGtor-organisations. The accumu13tive-total attendan at Ihese days numbered 842. Our quarterly Leaders National Forums days are well attended by key leaders and emerging leaders within the Ground Level network. The focus of these gatherings has been to equip our churches based on key needs identified among the Churthes. An additional venue for these events has been launched in Cambridge lo provide better accessibility for our developing East Anglia Region. Ground Level's focus on training and equipping senior church leaders, and leadership teams, allows them to better serve the people within their church Constituency and their local community. In addition to our regular leadership training and equipping days we had an eighth intake to our 'Leadership Engine, programme,. a bespoke leadership training course. A second year of training is also available for those who have completed year one. In total 48 students are engaged in the currenl programm6. Our wellbeing 'Leader Care, provision enables churches lo tap into a range of courses designed to equip leadership teams in understanding more about the intersection of sound theology and research based therapy. In addilion, church leaders are able access counselling lo support them and resolve emotional, psychological and relationship issues. The Ground Level 'Theology Forum, continued: where experienced leaders gather to discuss theological topics, their findings are then released for the benefit of the NeOrk in the form of written publications, seminars and training opportunities. A series of successful 'Long Lunch, evenls have been undertaken aimed at., connecting with leaders who are often restricted by geography from joining our regular leader events in-person, and also engaging with churches & leaders"" who are considering joining the nelM)rk. The churches and leaders wrthin the neOrk continue to be linked together via regional & relational 'Conneclions'. Also, we continue to develop Team Leader Cohorts to bring together leaders from different aspects of church life, (Worship Leaders, Youth Ministry Leaders, Kids Ministry Leaders, Administration. Communityl Social Action Leaders), for collaboration, sharing ideas and cheering each other on. Two years ago we launched our online portal providing leadership, church management, and ministry resources and over the last twelve months we have continued to develop resource partnerships with key organisations including.. Stewardship - helping our churches activate generosity, resource their calling and make a difference Thirtyone-Eight - equipping our churches with the knovAedge and skills to create safer environments for children and adults at risk Kingdom Bank - providing our churches with financial services which seNe them in their ministry & mission A second, 'Awaken' gathering, on the Lincolnshire showground ran for four days over the August bank holiday weekend 2024. This event was for all ages and incorporated 'Youth Revival, catering for 11-18 year-olds. The event attracted a total of 4357 delegates representing 254 churches. Keynote speakers from the UK and overseas participated, and a wide variety of seminar topics were available for delegates to choose from focusing on the slralegic objectives of the network. We are grateful to our sponsors 'World Vision, and 'Care for the Family,, for their continued commitment to the event. In 2024 we were also happy to host safeguarding training for Church Trustees and Senior Leaders in partnership with Thirtyone-Eight, the training was well attended by 22 people and many commented how helpful it had been. Disdosure and Barring SeNice - Ground Level is an umbrella organisation that many of our churches make use of to carry out DBS Checks for eligible people, working with children and vulnerable adulls. We provide this seNice to our churches to enable them to recruit the right people to work and volunteer. Page 2
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Financial posltlon The charity entered the period in a good financial position and has qualified people and systems in place to Continually monitor the financial implications of external forGes on the organisation. Investment policy and objectives There are no reslrictions on the charitls power to invest. However, the DirectOrsrUsteeS do not Consider it to be in line with the objectives of the charity to be investing funds at this time. Reserves policy -ffh¥Dirgclursrrrust6è&-tonsldér tlie-financTal- position ofthé charity-to be satisfactory. The Statement of Financial Activities shows net income for the year ended 31 Dernber 2024 of £697,917 (2023- £601,978) and net expenditure of £591,145 {2023- £494,401). Free reserves at the year-end amount to £314,145 12023 £207,825). The DireCtorSrUsteeS have ¢onsidered the requirement for reseNes in line with the uncertainties regarding income for the charity. In addition to six months of operating expenditure, a provision is held for stalutory redundancy payments and a provision for contractual obligations for the organisalion's larger events. Target reserve levels for 2025 are £182,550. Of the surplus currently held within free reserves the following amounts Trustees expect to be funded by these surplus free reseeS in the coming year of 2025 are: £30,000 to support anticipated increased costs to host Awaken 2025 £20,000 for grant funding scheme to neOrk churches £50,000 to support increased costs in 2025 The DirectOrsrUStees review the target and actual level of reserves quarterly. FUTURE PLANS The Leadership days and conferences will continue with an emphasis on building strong, healthy churches that are of benefit to their local areas. The online portal for leaders and churches will continue to be developed, providing leadership, church management and ministry resources. Team Leader Cohorts will continue to be developed and expanded. The neOrk will conlinue to expand its series of care and development mechanisms lo support the wellbeing of Church leaders giving them aC$S to counselling and coaching through relationships with trusted partners. In addition to the newly created East Anglia Region we envisage further Regions being developed across the UK. These new Regions will provide a greater sense of ownership and accessibility for the neork churches within specific geographic bourtrdaries. The annual 'Awaken' gathering of the network churches, on the Lincolnshire showground will continue to be developed for August 2025. Ground Level has several strong overseas connections including the 'One Focus, nelwotl( in the USA, the 02 NeOrk also in the USA, the 'Chrtstian Neork, in South Africa and two churches in Spain. Ground Level wll continue developing these connections. Work will continue in partnership with some significant UK organisations under the umbrella of 'Partners for Influence, (PFI). These links give added value and mutual development as the organisations share the same goals but WO these out in different contexts. The UK PFI constituency would represent a large number of Churches within the nation and Ground Level sees its role as facilitating the gathering of this strategic body. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The charity is constituted as a company limited by guarantee and is therefore govemed by a Memorandum and Articles of AssoGiation. It is also known as the Ground Level Network. Recruitsnent and appointment of new trustees Ground Level seeks the appoinlment of new Directorsrrrustees from churches within the Ground Level network. It seeks lo identify those considered suitable to provide a balance of skills and strengths. Page 3
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure The chartty is managed by the DirectOrsrUsteeS who have ultimate control over the management and operations of the Charity, including the adminislration and management of the Charity's funds and assets. The DirectorSruSteeS accompanied by the Executive team meet regularly throughout the year and have responsibility of ensuring the day-to-day activities of Ihe Charity are adequately managed by the Operations staff. The 'Ground Level Team, has been sel in pla and operate with delegated authority to develop vision and oversee Ihe strategic development of key areas of activity. This team is accountable to the Directors and a number of the Directors -are-include(Fin-the-GL team-.--"-- The Operations staff have the responsibility of implementing the DirectorExeculive team's directives and a in regular communication with the netsvork leader and chair. Induction and training of new trustees On appointment, new Dlrertorsrrrustees meet with the Operations Manager & Chair who acquaint them with their job description and responsibilities as Directorsrustee$. Risk management The DirectOrsrUStees have a duty lo identify and review the risks lo which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Directorsruste@S have updated the risk managemenl strategy which includes-. an annual review of the principal risks and uncertainlies that the charity faces. the review of current policies, systems and procedures to mitigate those risks identified in the annual review., and the implementation of procedures designed to minimise or manage any potential impad on the charity should those risks materialise. This work has identified that financial sustainabilty remains a major risk that the charity faces. A key element in the management of financial risk is a regular review of available funds to settle debts as they fall due and active management of trade debtors and creditors balances to ensure sufficient working capital by Ihe charity. The review of financial contiols in relalion to internal security also forms part of the financial risk management. Attention has also been focused on non-financial risks arising from fire, health and safety of staff, and event delegates. These risks are managed by ensuring in-dale accreditation., adequate insurance and robust policies and procedures are in place and regular awareness training for staff working in these operational areas. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02425628 (England and Wales) Registerod Charity number 1001599 Registered office 22 Newland LINCOLN LN1 1XD Trustees D. Jones N. Collins M. R. l. Hopkins R. C. A. Tucker C. L. Bell Independent Examiner C M Tams F.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL Page 4
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers Virgin Money 124 High Street SCUNTHORPE DN15 6ES Solicitors Lawson Lewis Blakers 11 Hyde Gardens -"Easlbourrie Easl Sussex BN214PP Senlor Staff P. Benger J. Gibson STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Ground Level Ministry Team for the purposes of company law) are responsible for preparing the Report of the Trustees 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 pr6pare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application ()f resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently., observe Ihe methods and principles in the Charity SORP., make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to prèsume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time Ihe financial position of the charitable company and to enable them to ensure that the financial slatements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 8 July 2025 and signed on lis behalf by.. D. Jones- Trustee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER: 02425628 Independent examinerfs report to the trustees of Ground Level Ministry Team {'the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. ResponslbllEties and basis of report As the charity's trustees of the Company {and also its directors for the purposes of company law) you 8re responsible for the preparation of the accounts in accordance wlh the requirements of the Companies Act 2006 (Yhe 2006 Act,). Having satisfied myself that the accounts of the Company are nol required to be audited under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my examination of your charitvs accounts as carried out under Seotion 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Se¢tion 145(5} (b} of the 2011 Act. Independent examineffs statement Since your charity's gross income exeded £250,000 your examiner must be a member of a listed body. I can confim that l arn qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed rny examination. I confirm that no matters have come to my attention in connection with the examination giving me ¢ause to believe.. accounting records were not kept in respect of Ihe Company as required by Section 386 of the 2006 Act- or the accounts do not accord wilh those records- or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act olher than any requirement that the accounts give a Irue and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard appliGable in the UK and Republic of Ireland {FRS 102)). I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. C M Tams F.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL 8 July 2025 Page 6
GROUND LEVEL MINISTRY TEAM STATEMENT OF FINANCIAL ACTIVITIES OR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds as restated Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 245,198 245,198 229.204 Charitable activities Awaken Event Conferencing eDEfRI_ 348,286 91,313 348,286 281,828 91,313 75,198 --9,9-71-_--14,898- Investment income 3,149 3,149 850 Total 697,917 697,917 601,978 EXPENDITURE ON Charitable activities Awaken Event Conferencing General 350.871 83,304 156,970 350,871 83,304 156,970 251,390 74,419 168,592 Total 591,145 591,145 494,401 NET INCOME 106,772 106,772 107,577 RECONCILIATION OF FUNDS Total funds brought forward 208,648 208,648 101,071 TOTAL FUNDS CARRIED FORWARD 315,420 315,420 208,648 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities. The notes fom part ofthese financial statements Page 7
GROUND LEVEL MINISTRY TEAM REGISTERED NUMBER". 2425628 BALANCE SHEET 31 DECEMBER 2 31.12.24 Total fvnds 31.12.23 Total funds as restated Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 14 1.275 1,275 823 CURRENT ASSETS Stocks 15 Debtors 16 -Gash 3t bB7fk and h hanl ""-"-"---"----""""-"-"--"-"-"--"""" 6,848 55,750 369,346---__---"-"--- 6,848 55,750 .369,6- 4,941 34,642 295,-109 431,944 431,944 334,692 CREDITORS Amounts falling due within one year 17 (117,799) (117,799} (126,867) NET CURRENT ASSETS 314,145 314,145 207,825 TOTAL ASSEfs LESS CURRENT LIABILITIES 315,420 315,420 208,648 NET ASSETS 315,420 315,420 208,648 FUNDS Unrestricted funds 19 315,420 208,648 TOTAL FUNDS 315,420 208,648 The charitable company is enlitled to exemption from audit under Section 477 of the Companies Act 20( for the year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibililies for (a) ensuring that the charitable company keeps accounting records Ihat comply with Sections 386 and 387 of Ihe Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating lo financial statements, so far as applicable to the charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to Gharitable companies subject to the small Gompanies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 8 July 2025 and were signed on its behalf by- D. Jones - Trust88 The notes fomi part of these financial statements Page 8
GROUND LEVEL MINISTRY T CASH FLOW STATEMENT FOR THE YEAR ENDED 1 DECEMBER 2024 31.12.24 31.12.23 as restated Notes Cash flows from operatlng activities Cash generated from operations Tax paid 75,794 (863) 147,566 2,507 Net cash provided by operating activibes 74,931 150,073 -tash"1Jow51roin Investing activities Purchase of tangible fixed assels (694) Net cash (used in)Iprovided by investing activities (694) Change in cash and cash equlvalonts in the reporting period Cash and cash equivalents at the beginning ofthe reporting period 74,237 150,073 295,109 145,036 Cash and cash equivalents at the end of the reporting period 369,346 295,109 The notes form part of these financial statemenls Page 9
GROUND LEVEL MINISTRY TEAM NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.12.24 31.12.23 as restated Net income for the reporting perlod (as per the Statement of Financial Activltles) Adjustments for: Depreciation charges (Increase)Idecrease in stocks Increase in debtors (tTecréase)fincrease iri creditors 106,772 107,577 242 (1,907) {20,245) {9,068) 796 430 (11:897)_ Net cash provlded by oporatlons 75,794 147,566 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.24 Cash fl¢)W At31.12.24 Net cash Cash at bank and in hand 295,109 74,237 369,346 295,109 74,237 369,348 Total 295,109 74,237 369,346 The notes form part of these financial statements Page 10
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statemenls of the charitable company, which is a public benefit entity under FRS 102. have been prepared in aC¢Ordan with the Charities SORP (FRS 102} 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. -.Income----.. -.----. All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income is deferred only when the charity has lo fulfil conditions before it becomes entitled to it or where the donor has specified that income is to be expended in a future year. The method used to measure the stage of completion of a service is the physical proportion of work completed. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants payable are included when approved by the Directorsrustees and paid out. Grants authorised but unpaid, where there is no enforceable obligation to pay, are not accrued. Tangible fixed assets Depreciation is provided at the following annual rates in order to wrile off each asset over its estimaled useful life. Plant and machinery 250/0 Reducing Balance Only Fixed Assets costing in excess of £500 are capitalised. Stocks This is consistently valued, using the first in first out basis, at the lower of cost or net realisable value. Taxation The charity is exempt from corporation tax on its charitable activities. Irrecoverable VAT is charged to the Statement Of Financial Activities in the period to which it relates. Fund accounting All funds received as income are unrestricted in their nature, and are attributable lo the principal activities of the charity. Designated funds are determined by the Trustees. Pension costs and other post-retlrement benefits The charitable company operates defined contribution pension schemes. Contributions payable to the haritable company's pension schemes are ¢harged to the Statement of Financial Activities in the period to which they relate. Donated goods and services Services provided by volunteers are not quantified in the accounts however they are explained as part of the Trustees report. Operating leases Rentals under operating leases are charged to th8 Statement Of Financial Activities in the period to which they relate. Page11
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 DONATIONS AND LEGACIES 31.12.24 31.12.23 as restated Donations Awaken Offerings Conference Offerings 141,032 94,055 10,111 125,949 91,225 12,030 245,198 229.204 INVESTMENT INCOME 31.12.24 31.12.23 as restated Investment Income 3,149 850 INCOME FROM CHARITABLE ACTIVITIES 31.12.24 31.12.23 as restated Total activities Awaken Event Total activities Conferencing General Training Fees BookingslDay Gate ReiptS Cateringrrrade Stands Grants Medialmerchandise Sponsorship Miscellaneous 91,244 8,760 100,004 80,049 278,256 32,373 278,256 32,373 228,493 29,554 8,000 9,340 16,000 488 9,068 27,000 1,589 1,088 10,225 27,000 1,712 123 348,286 91,313 9,971 449,570 371,924 Grants received, included in the above, are as follows.. 31.12.24 31.12.23 as restated Church Revitalisation Trust (Love Christmas) 8,000 CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note Support costs (see note 7) Direct Costs 6) Totals Awaken Event Conlerencing General 350,871 83,304 130,668 350,871 83,304 156,970 10,934 15,368 564,843 10,934 15,368 591,145 Page 12
GRO ND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2 24 GRANTS PAYABLE 31.12.24 31.12.23 as restated General 10,934 12,000 The total grants paid to institLrbons during the year was as follows.. 31.12.24 31.12.23 as restated -BeteW- Ikon Church Alive Group New Life Sleaford Spring Church Caistor Market Rasen New Lrfe Life Church Homcastle Hope House Church Spa Wiew Community Church Eternal Benefits The Future of Everything Network Asociacionde Ayuda Social Palabras de Poder Count Everyone In Cornerstone Family Church Faith Church Newport Home Christian Fellowship Leadership Engine Bursary New Life Boston Church New Life Milnrow 200 1,869 3,840 336 480 125 350 320 480 1,000 2,200 800 3,500 690 744 1,000 800 200 1,000 1,000 10,934 12,000 SUPPORT COSTS Goveman costs other Totsls General 12,618 2,750 15,368 NET INCOMEI{EXPENDITURE) Net in¢omel(expenditure) is stated after ¢hargingl(crediting).' 31.12.24 31.12.23 as restated Independent examiners fee Depreciation - owned assets 2,750 242 2,550 Page 13
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023, other than the honorariums disclosed at Note 20. Trustees, expenses There were no truslees, expenses paid for Ihe year ended 31 December 2024 nor for the year ended 310ecember 2023. "tr-&TAPPCO 31.12.24 31.12.23 as restated Wages and salaries Other pension costs 102,888 2,991 85,524 2,874 105,879 88,398 The average monthly number of employees during the year was as follows.. 31.12.24 31.12.23 as restated Charitable Activities Admin No employees received ernoluments in excess of £60,000. During the year defined conlribution pension costs were paid for 3 employees12023- 4). Fees inclusive of travel expenses,included in wages, were paid to connected Ihird parties during the year of £22,690 (2023- £25,206) in relation to Team leader work and management work at ground level. Amounts were paid to key management inclusive of Employers national insurance during the year of £52.386 (2023- £54,999). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds as restated INCOME AND ENDOWMENTS FROM Donations and legacies 229,204 229,204 Charitable activities Awaken Event Conferencing General 281,828 75,198 6,898 281,828 75,198 14,898 8,000 Investment income 850 850 Totsl 593,978 8.000 601,978 EXPENDITURE ON Charitable activities Awaken Event Conferencing General 251,390 74,419 160,592 251,390 74,419 168,592 8,000 Total 486,401 8,000 494.401 Page 14
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted funds Restricted funds Total funds as restaled NET INCOME 107,577 107,577 -RECONCILIATION-OPFUND Tolal funds brought fOard 101,071 101,071 TOTAL FUNDS CARRIED FORWARD 208,648 208,648 12. PRIOR YEAR ADJUSTMENT Over r6cent years the sponsorship package for Awaken has evolved Sponsors now receive a more significant seNi¢e in relum for their donation. It is therefore considered to be ancillary trade income connected to primary purpose as opposed to a donation. As a result of this the 2023 income has been adjusted as follows Donations and legacies reduced by £16,000 Charitable activities increased by £16,000 Reserves are unaffected. 13. TRUSTEE INDEMNITY INSURANCE The company has paid £500 (2023 £500) for Insuran in respect of TrusteeslDirectors' liabilities incurred in connection with the discharge of their duties. 14. TANGIBLE FIXED ASSETS Plant and machinery COST At 1 January 2024 Additions 4,821 694 At 31 Dember 2024 5,515 DEPRECIATION At 1 January 2024 Charge for year 3,998 242 At 31 Dember 2024 4,240 NET BOOK VALUE Al 31 December 2024 1,275 At 31 December 2023 823 Page 15
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS - contin FOR THE YEAR ENDED 31 DECEMBER 2024 15. STOCKS 31.12.24 31.12.23 as restated Stocks 6,848 4,941 16. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 as restated Other debtors Tax VAT 54,699 863 188 33,688 954 55,750 34,642 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 as restated Accruals and deferred income 117,799 126,867 Included in other creditors is deferred income of £104,080 {2023 - £106.541) for training income and ONEIAwaken tickets paid in advance relating to services and events provided in 2025, 2024. LEASING AGREEMENTS 18. Minimum lease payments under non-cancellable operating leases fall due as follows.. 31.12.24 31.12.23 as reststed Within one year Beeen one and five years 15,812 33,041 15,812 17,453 48,853 33,265 Although Ground Level legally have the commitments noted above Alive Church Gontribution £10,800 pèr annum towards these costs for Ihe use of the building. 19. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At1.1.24 Unrestricted funds General fund 208.648 106,772 315,420 TOTAL FUNDS 208,648 106,772 315,420 Page 16
GROUND LEVEL MINISTRY TEAM TES TO THE FINANCIAL STATEMENTS - c ntinued FOR THE YEAR ENDED 31 DECEMBER 2024 19. MOVEMENT IN FUNDS . continued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in fvnds Unrestricted funds General fund 697,917 (591.145) 106,772 TOTAL FUNDS 697,917 (591,145) 1C6,772 Comparatives for movement in funds Net movement in funds At 31.12.23 Al 1.1.23 Unrestricted funds General fund 101,071 107,577 208,648 TOTAL FUNDS 101,071 107,577 208.648 Comparative net movement in funds. included in Ihe above are as follows.. Incoming resources Resources expended Movement in funds UnrestrScted funds General fund 593.978 (486,401) 107,577 Restricted funds Restricted 8,000 (8,000) TOTAL FUNDS 601,978 (494,401) 107,577 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.12.24 At1.1.23 Unrestrictsd funds General fund 101,071 214,349 315.420 TOTAL FUNDS 1Q1,071 214,349 315,420 Page 17
GROUND LEVEL MINISTRY TEAM NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movemenl in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 1,291,895 {1,077,546) 214,349 Restricted funds Restricted 8,000 {8,000) TOTAL FUNDS 1,299,895 (1,085,546) 214,349 A granl was reiVed from the Church Revitalisation trust to match fund local projects as part of the Love Christmas initiative, to support the most vulnerable and isolated at Christmas. 20. EMPLOYEE BENEFIT OBLIGATIONS The charity makes contributions for all of its employees into one of two defined contribution schemes. The amount charged lo the Slalement Of Financial Activities during the year was £2,991 (2023 - £2,874). There were no pension amounts outstanding at the 31st December 2024. 21. RELATED PARTY DISCLOSURES Total donations from Twstees during the year amounted lo £2,009 (202& £7,677) Included in wages and national insurance during the year were amounts totalling £16.357 {202& £14,682) paid to S. Sargent daughter of Trustee D.Jones for employment services. An honorarium of £100 was paid to Trustee R. Tucker for leading the Big Top Stewardship team at the Awaken Event. An honorarium of £900 was paid to Trustee M. Hopkins for his work on the Leadership Engine team. 22. FUNDS HELD AS AGENT As at the 31st December 2024 Ground Level held £7.901 (2023 £1,295) on behalf of the PFI nelwork. This is not part of reserves or included as part of bank or cash within the financial statements. Page 18