Docusign Envelope ID.. EOCBA3024E764FEI>8A6&69F6B7C54320 REGISTERED CHARITY INUMBER: 1014476 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR HAVERING CHRISTIAN FELLOWSHIP TRUST TIA PULSE CR Bland Baker Limited Chartered Accountants 21 Lodge Lane Grays Essex RM17 5RY
Docusign Envelope ID.. EOCBA3024E764FE&8A6&69F6B7C54320 HAVEIUING CHRISTIAN FELLOWSHIP TRUST TIA PULSE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Independent Examiner's Report 12 Statement of Financial Activities 13 Balance Sheet 14 to 15 Notes to the Financial Statements 16 to 22 Detailed Statement of Financial Activities 23 to 24
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report with the financial statetnents of th¢ charity for the year ended 31 March 2024. The trustees have adopted the 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 l January 2019). The Trustees submit their Annual Report and the Financial Statements for the year ended 31 March 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in 2005 in preparing the Annual Report and Financial Statements of the Charity. Objects of the Charity as laid down by the Trust Deed 1992. Page I
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Objectives and aim5 The Ob'ects of the Chari as Stated in its Declarations of Trust are: Thc advanccmcnt of thc Christian faith and thc worship of God. Thc rclicf of pcrsons who arc in conditions of nccd. hardship or distrcss. or who arc agcd and sick. The advancement of education on the basis of Christian principles. The policies adopted to further the objects of the Church are: Conducting meetings. . Running Community Projects. Organising activities and groups. Working closely with other Christian organisations. These policies have remained unchanged since the last Trustees, Annual Report. Our vision To bring heaven to our world through the love, truth. power and presence of Jesus. Our Core Values As in Heaven The authority, power and presence of Father. Son and Holy Spirit is at the center of everything we are and do. Truth Wc bclieve the Bible is the inspired living word of God and that it continually reveals His truth and life to us. Loving because we are loved Nothing can separate us from God's unconditional love. This enables us to love and accept ourselves and empowers us to love others. Freedom with responsibility God has set us free to be all that He says we are, so we take responsibility for our personal growth, learn from our mistakes, and put things right if we mess up. Valuing people We see everyone through the loving eyes of Jesus; valuing, honouring and empowering people to fulfil the destiny and purpose that He has for their lives. Blessing our world God has callcd us to be a blessing. transforniing our world into a better place by expressing God's love, grace, hope, goo(Iness and joy to everyone we meet. Page 2
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Together Jve are stronger Wc pursuc positivc conncction both within and outside of the church to promote the Gospel and improve the quality of lifc of thosc living in our community. Giving our best God gives extravagantly to us, so we generously give our best to Him and those we serve. To work in strong relational unity with other churches as one Church in our Borough, sharing resources, knowledge and vision. To work with others, both inside and outside the church, to improve the quality of life in Havering. Page 3
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMLYCE Revieiv of activities and future developments Pulse is affili<lt¢d to the Ass¢mbli¢s of God (AOG) of Great Britain and Ireland. We play an active role in Across Havering", an interdenominational group linking churches within the Borough of Havering. We seek to express our faith by serving the local community and engaging in social action, as well as providing teaching and a range of programmes and activities for our members and for those outside the church community. Members of the Church are encouraged to play a fvll part in the outworking of our objectives. Hornchurch Centre Address: 2A Newmarket Way, Hornchurch, Essex RM12 6DS The Hornchurch Centre is the focal point for the Church, and a centre from which the administration of the Church takes place. The Centre is currently used for the following activities; Sunday Worship, Christian Teaching, Fellowship Activities, Christian Baptisms and Administration. Other community associations and groups also use the Centre on a regular basis. Pra Thc Wcdncsday evcning praycr mccting continucd on Zoom. Thc focus bas bcen on Havcring with rcgards to crimc ratcs and hospital conccrns. Towards thc cnd of thc financial ycar wc startcd mccting oncc a month for an in person prayer meeting. This has been well attended. often we have had times of worship followed by spirit led prayer, prophetic words and pictures %hared. We have had a few prayer Sundays over the year including a prayer walk and targeted prayer for our community. The focus in 2024-25 will be to continue running the online prayer meetings and monthly in person prayer meetings. Shinin hts Shining LightslPulse Children have been working through the Jesus Storybook Bible, the same as the previous year. Weekly there is a Bible gtory, craft or worL%heet and when we are finished we play board game.8. We also in¢ory)orate Holy Spirit and Prophetic activities and encounters around once a month. The children seem to really enjoy the lessons and most weeks they are very well engaged. The vision for the future is for the children to carry on having fun while learning about God's love and knowing Jesus as their Friend and Saviour. Our aim is for Shining Lights to grow in numbers. We have continued to host children's craft events with one for Easter April 2023, a summer crafts in July 2023, a Hallelujah party on the 3 1st October 2023, we joined the Christmas fayre in December 2023 with two craft tables and had an Easter crafts in March 2024. We plan to continue with these community outreach children's craft events for the coming year as we can see the impact that they are having on the community. We have welcomed many children through our doors and look forward to hosting more of these events. Page 4
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Pulse Youth Sunda Pulsc Youth have not mct consistcntly during this year. Wc plan on looking to incrcasc hclpcrs to run somcthing during thc prcach twicc a month. Pulse Youth at the Ho e Café We restarted the youth drop in during June 2022 and we have seen a consistent amount of young people coming from different areas and schools. Weekly we see around 25 young people and we constantly have new people coming. We have had lots of opportunities to pray for these young people. In December we put on a Christmas party where we gave out individual prophetic words to them and we saw 64 young people come through that day. Other Youth Activities The Youth and Community worker has delivered one to one and 0Up mentoring sessions throughout the year in Britton's Academy. Looking at issues surrounding grief, stress. drugs and anxiety. She also worked with the youth justice panel to help young people on referral orders to rehabilitate. Haverin Healin Rooms Havcring Hcaling Rooms still opcratcs from 2a Ncwmarkct Way, Hornchurch, cvcry 2nd and 4th Tucsday in thc month. Whcn wc rc-opcncd aftcr Covid clicnt numbcrs wcrc down. but thcy havc gradually incrcascd ovcr thc past year with a lot of new clients, as well as clients who have been before. The monthly sessions in Hope Cafe, Romford are continuing and client numbers have remained steady. For the year 2024-25 we plan to re-publici%e the Rooms in the churches across Havering, unfortunafrly this did not h<ippen in 2023-24. We also hope to attract more volunteers, so that we can open more frequently in Hope Cafe. Jun le Tots We continue to qee between 6 and 20 children at each %ession. There have been some new parentslcarer8 added to the group. They have heard about Jungle Tots through word of mouth or other community activities. The group is just as much for the adults as it is for the children. It is great to be able to support the parents/carers through various stages of both theirs and the children's lives, especially as the children move onto nursery and school. In the future we would still like to investigate running a group on a Saturday for dads. The plan is to link with the Congregational Lead and Administrator about this. Page 5
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Time Out Thc aim of thc group is to providc an aftcrnoon sctting twicc a month for pcoplc to gct togcthcr in plcasant surroundings. Wc cnjoy a good cup of coffcc and homcmadc cakc whilst improving or Icarning ncw handicrafts and sharing Jcsus with thc not-yct-christians in thc 0up. During thc last ycar our 0Up has rcmaincd at ovcr twcnty. Newcomers scttlc in quickly and they enjoy mccling new pcoplc and learning or improving their craft 8kill8. We celebrate birthday% with Special cake.% and cards and had a Christmas buffet in the New Year! We hav¢ an active WhatsApp group which m05t of thc group can access. Some newer members who are not part of Pulse, have come along to other events put on by our church. We meet four times a year to have lunch together in local cafés. The core team of volunteers meet to plan and put on future events and cater the refreshments. We continue to invite the members of Time Out to church events. e Café During this period, we saw an increasing number of young people, sometimes up to twenty per day, coming into Hope Cafe, basically to chill out, chat to the Tiffany Lawrence (Youth and Community worker) and play pool. It was good to see relationships build, and our Tiffany has had the opportunity to begin mentoring several of the young pcoplc. This has hclpcd Pulsc build a mcaningful prcscncc in Romford Town ccntrc. Pctc (Church Icadcr) has continucd in his rolc hclping managc the Cafc daily operations, bul during this pcriod Tiffany's involvcmcnt in thc Cafc was phascd out, so ibat shc could focus on Pulsc Youth. Somc of thc youth attending thc Cafc demonstrated certain behavioural issues. and we have been working with other local agencies to address them, whil.%t still looking to stay engaged with the young people. We have started building relationships with the Local Authority and other local youth services to explore how we can work together. Moving forward, the intention is to significantly reduce Pele's involvement in the day-to-day running of the Cafe, enabling him to focus more time on developing the Cafe as a community space and resource. In addition, the intention is to work more with local youth services to provide holistic help to young people, and to potentially utilise the upstairs of the Cafe for youth activities. Pulse Romford During this period, we stopped showing the Sunday Live Stream and began meeting in-person on Sunday afternoons. Six to seven people gravitated from Pulse Hornchurch to start the group, and we have been joined by on average two-four others on a semi-regular basis. Most Sundays "Pulse Romford" averages eight to nine people. Every few weeks we hold an invitational meal, which has attracted up to eight others. Pulse Hornchurch and Romford have joined together regularly for a Service at Hope Cafe, on occasions meeting with another church who rent the Cafe on Sunday mornings. The aim is to promote Pulse Romford in the local community and run an Alpha Course. The hope and expectation is that, as we build more connection with the local community, opportLmities will arise to share our faith and advertise the Sunday Church. Page 6
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Dive Dee er Grou Divc Dccpcr Groups startcd in January 2024 to rcplacc Conncct Groups. Thc ncw forn]at runs for 6 months with both contcnt bascd and social scssions. This allows timc for thc congrcganls to attend thc monthly in pcrson prayer mccting if they wish. The aim is to facilitate conncclion, build rclationships and help pcople better underqtand the Chri.%tian faith. Attendance wa% very high at about 80 % of people attending. We will Continue to run the Dive Deeper Groups as we feel thi5 has positively impacted the church body. Alpha has not been on during this period. Administration Tiffany Lawrence continues to work full time as the Youth and Community worker. Emily Carter started to work part time as Congregational Leader for Hornchurch in September 2023. Fiona Denniss continues to work 8 hours a week asslsting Emily Carter and the leadership tean]. Paul Coppeard works 6 hours a week, as Facilities Manager, overseeing the maintenance for the Hornchurch Centre. Steve Trott continues to work on a self-employed basis doing the bookkeeping. Gwendoline Robinson retired as the cleaner in April 2023. Paola Carasco Castano took over the role from May 2023 until August 2023. Fiona Dcnniss is now the cleaner for thc Hornchurch Centre for 3 hours per week. Page 7
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Trust and Financial Overview The Fellowship produces annual accounts to comply with Charity Commission requirements. A copy is made available under nonnal charitable procedures. At present a reseTre of a minimum of £5,000 is held within a deposit account. The current accounts are reviewed frequently to ensure funds within them are sufficient for the day to day running of the Trust over following months. Risk The biggest risk to the Fellowship's income is a loss of support from those who tithe and gift to the Fellowship. In the event of this taking place the Trustees would ensure that spending is curbed and activities cease that would generate costs. The biggest single payments at the close of this financial year are salaries. The Trust has full Employment and Public Liability insurances in place for all aspects of the work it undertakes. Chari Assets The main asset of the Charity is the following property: _ The Hornchurch Centre. Address; 2A Ne,Market Way, Hornchurch, Essex RM12 6DS STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Page 8
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governance and Internal Control Trustees are selected by the other members of the Trustee Board. New Trustees are approached from amongst the Church Membership. The Trustees meet periodically in the year fo review strategy, performance, operating plans, budgets, building matters and health and safety issues. Charity Law requires the Trustees to prepare financial slatements for each financial year, which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements, the Trustees have". Selected quitable accounting policies and applied them consistently. Made judgements and estimates that are reasonable and prndent; Prepared the financial statement% on an ongoing basis" Stated whether applicable accounting %tandards have been followed subject to any material departures disclosed and explained in the financial statements. The Trustees have overall responsibility for ensuring that the Charity has appropriate systems of control, financial and othenvise. They are also responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time, the financial position of the Charity. They are also responsible for safeguarding thc asscts of thc Charity and hcncc taking rcasonablc slcps for thc prcTrcntion and dctcction of fraud and othcr irrcgularitics and to providc rcasonablc assurancc that". The Charity is operating efficiently and effectively. Its assets are safeguarded against unauthori%ed use or di%position- Proper records are maintained and financial information used within the Charity or for publication is reliable. The Charity complies with relevant law5 and regulations. The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. They include- Strategic plan and an annual budget approved by the Trustees. Regular consideration by the Trustees of financial results and variance from budgets. Delegation of authority and SeegatiOn of duties. Identification and management of risk. The Trustees have reviewed the adequacy of the Charity's current internal controls and are pleased to report that the Charity's internal financial controls, in particular, confonn to guidelines issued by the Charity Commission. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1014476 Page 9
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Principal address 39 Dcrby Avcnuc Upminster RM14 2NS Trustees Peter Merry (resigned 25.11.2024) Rosemary Carter David Mark Bobin - Chair Timothy David Skinner Victoria Wright Robert James Wright Independent Examiner CR Bland Baker Limited Chartered Accountants 21 Lodge Lane Grays Essex RM17 5RY Solicitors Gcldard's Floor I Pride PL Derby DE24 8QR Bank Barclays Bank PIC Small Busincss, 2nd Floor 36-38 South Street Romford RMI IHR Inde endent Examiners The Charity appointed Kenneth Roles of CR Bland Baker Limited Chartered Accountants as Independent Examiner. This appointment has continued tbroughoul this financial year. Page 10
Docusign Envelope ID.. EOCBA3024E764FEO-8A6&69F6B7C54320 HAVERING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 241112025 Approved by order of the board of trustees on ............................................. and signed on its behalf by: Victoria Wright - Trustee Pagell
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 IINDEPEINDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAVEIUNG CHRISTIAN FELLOWSHIP TRUST Independent examiner's report to the trustees of Havering Christian Fellowship Trust I report to the charity trustees on my examination of the accounts of Havering Christian Fellowship Trust (the Trust) for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's 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: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records" or the accounts do not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a trne and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn ill this report in order to enable a proper understanding of the accounts to be reached. Kcnncth Brian Rolcs CR Bland Bakcr Limitcd Chartcrcd Accountants 21 Lodge Lane Grays Essex RM17 5RY 241112025 Page 12
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE STATEMENT OF FINAIYCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Unrestricted funds 2023 Total funds Notes INCOME AND ENDOENTs FROM Donations and Icgacics 122,878 127,708 Charitable activities Gcncral 600 Investment income 6,752 609 Total 130,230 128,317 EXPENDITURE ON Charitable activities Advancement of Christianity 113,888 106,822 Net gains/(loss¢s) on investments (267) (50,626) NET INCOME/(EXPENDITURE) 16,075 (29.131) RECONCILIATION OF FUNDS Total funds brought fonvard 1,254,786 1,283,917 TOTAL FufiDS CARRIED FORWARD 1,270,861 1,254,786 The notes form part of these financial sfatements Page 13
Docusign Envelope ID.. EOCBA3024E764FEO-8A6&69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE BALAINCE SHEET 31 MARCH 2024 2024 Unrestricted funds 2023 Total funds Notes FIXED ASSETS Tangiblc asscts 832,185 832,731 CURRENT ASSETS Dcbiors Investments Cash at bank and in hand 16,094 270,547 154,195 20,631 270,814 132,770 440,836 424,215 CREDITORS Amounts falling due within one year 10 (2,160) {2,160) NET CURRENT ASSETS 438,676 422,055 TOTAL ASSETS LESS CURRENr LIABILITIES 1,270,861 1,254,786 NET ASSETS 1,270,861 1,254,786 The notes form part of these financial sfatements Page 14 ontinued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE BALANCE SHEET - continued 31 MARCH 2024 FUNDS Unrcstricted funds 1,270,861 1,254,786 TOTAL FUNDS 1,270,861 1,254,786 The financial statements were approved by the Board of Trustees and authorised for issue 241.11.2025 . and were signed on its behalf by.. on Victoria Wright - Trnstee David Mark Bobin - Trustee The notes form part of these financial sfatements Page 15
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FINAINCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, hICh is a public benefjt entity under FRS 102, have been prepared in accordance 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 I January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is reColiS¢d 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. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to 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 classificd under hcadings that aggrcgate all cost relatcd to the category. Whcrc costs cannot bc dircctly attributcd to particular hcadings they havc been allocatcd to activitics on a basis consistcnt with thc usc of rcsourccs. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment 200/0 on reducing balance Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unre%tricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 16 continued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACIES 2024 2023 Tithcs and offcrings Rccovcrcd tax 106,784 16.094 107.077 20.631 122.878 127.708 INVESTMENT INCOME 2024 2023 Rents received Deposit account interest 6,150 602 500 109 6,752 609 TRUSTEES, REMUNERATION AND BENEFITS 2024 2023 Trustees, salaries Trustees, pensions paid 33,162 1,500 31,025 1,500 34,662 32,525 During the year, Mr P. Merry, a trustee, was paid the sum of £33,161 (2023: £31,025) plus pension contributions of £1,500 (2023.. £1.500). This was in connection to his role as Pastor of the church. No Trustcc rcccivcd any rcmuncration for thcir rolc as Trustcc. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. Page 17 continued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS 2024 2023 Wagcs and salarics 74,269 64.521 74.269 64,521 The averag¢ monthly number of employees during the year was as follows: 2024 2023 Church Activities No employees received emoluments in excess of £60,000. The Trustees consider the Key Management Personnel of the charity to consist of the Trustees. Remuneration paid to Key Personnel is shown under Trustees remuneration. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fLmds INCOME AND ENDOWMEiwfs FROM Donations and legacies 127,708 Investment income 609 Total 128,317 EXPENDITURE OIN Charitable activities Advancement of Christianity 106,822 Net gainsl{losses) on investments (50,626) NET INCOMEI(EXPENDITURE) (29,131) RECONCILIATION OF FUNDS Total funds brought forward 1,283,917 Page 18 continued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted funds TOTAL FuNs CARRIED FORWARD 1,254,786 TANGIBLE FIXED ASSETS Fixtures Long leasehold Computer equipment fittings Totals COST At l April 2023 and 31 March 2024 830,000 8,727 36,345 875,072 DEPRECIATION At l April 2023 Charge for year 8,727 33,614 546 42,341 546 At 31 March 2024 8,727 34,160 42,887 NET BOOK VALUE At 31 March 2024 830.000 2,185 832.185 At 31 March 2023 830,000 2,731 832,731 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors 16,094 20,631 Page 19 ontinued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 CURRENT ASSET INVESTMENTS 2024 2023 Unlistcd invcstmcnts 270,547 270.814 10. CREDITORS: AMOUNTS FALLING DUE WITHIPI ONE YEAR 2024 2023 Other creditors 2,160 2,160 11. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 1,254,786 16,075 1,270,861 TOTAL FUIIDS 1,254,786 16,075 1,270,861 Net movement in funds, included in the above are as follow5: Incoming rcsources Resources expcndcd Gains and losses Movement in funds Unrestricted funds General fund 130,230 (113,888) (267) 16,075 TOTAL FUINDS 130,230 (113,888) (267) 16,075 Page 20 ontinued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 11. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 1,283,917 (29,131) 1,254,786 TOTAL FUINDS 1.283,917 {29,131) 1,254,786 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 128,317 (106,822) (50,626) (29,131) TOTAL FUNDS 128.317 {106,822) (50,626) (29,131) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General fund 1,283,917 (13,056) 1,270,861 TOTAL FUNDS 1.283,917 {13,056) 1,270,861 Page21 ontinued...
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE NOTES TO THE FIINAINCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 11. MOVEMENT IN FUNDS - continued A currcnt ycar 12 months and prior ycar 12 months combined nct movcmcnt in funds, includcd in thc abovc arc as follows: Incoming resources Rcsourccs expended Gains and losses Movcmcnt in funds Unrestricted funds General fund 258,547 (220,710) (50,893) (13,056) TOTAL Fufsl)S 258,547 {220,710} (50,893) (13,056) 12. RELATED PARTY DISCLOSURES Gifts of £600 (2023: £600) were made to Havering Healing Rooms during the year. Mr Bobin is involved in the management of this organisation. Gifts of £960 (2023: £960) wcrc madc to Ahava during thc year. Mr Mcrry is a trustcc of this organisalion. Transactions wcrc carricd out on an arn]'s Icngth basis. Page 22
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOITrThIENTS Donations and legacies Tithes and offerings Recovered tax 106,784 16,094 107,077 20,631 122,878 127,708 Investment income Rents received Deposit account interest 6,150 602 500 109 6,752 609 Charitable activities Grants 600 Total incoming resources 130,230 128,317 EXPENDITURE Charitable activities Trustees, salaries Trustees, pensions paid Wages Ratcs and water Insurance Light and heat Po8tage and stationery Sundrie.8 Mini%try expenses Events and projects Ministry gifts Ministry subscriptions Training and conferences Refreshments Repairs and renewals Carried forward 33,162 1,500 41,107 1,001 2,838 (1,800) 324 15,919 921 1,059 2,795 5,607 2,344 478 4,317 111,572 31,025 1,500 33,496 464 2,590 3,496 225 8,179 755 855 4,973 6,125 2,531 553 7,272 104,039 This page does not form part of the statutory financial statements Page 23
Docusign Envelope ID.. EOCBA3024E764FEO-8A65-69F6B7C54320 HAVERIING CHIUSTIAN FELLOWSHIP TRUST TIA PULSE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Charitable activities Brought forward Computcr cquipmcnt 111,572 546 104,039 683 112.118 104,722 Support costs Governance costs Accountancy 1,770 2,100 Total resources expended 113,888 106,822 Net income 16,342 21,495 This page does not form part of the statutory financial statements Page 24