Registered Ch2rity Number - 1031255 THE PEOPLE'S CHRISTIAN FELLOWSHIP Ihincorporate Charity TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2024
THE PEOPLE'S CHRISTIAN FELLOWSHIP istered Chari No.. 1031255 BALANCE SHEET & ACCOUNTS FOR THE YEAR ENDED 31STDECEMBER 2024 I OWARISH & CO -ACCOUNTANTS LIMITED 1 CHEAPSIDE NORTH CIRCULAR ROAD PALMERS GREEN LONDON N13 SED THE PEOPLE'S CHRISTIAN FELLOWSHIP REPORT AND ACCOUNTS
CONTENTS FOR THE YEAR ENDED 31 December 2024 REFERENCE AND ADMINISTRATIVE INFORMATION..................................................... TRUSTEES, REPORT.................................... . INDEPENDENT EXAMINER'S REPORT..................................... .... STATEMENT OF FINANCIAL ACTIVITIES...... .... . BALANCE SHEET. NOTES TO THE FINANCIAL STATEMENTS............................................................. .. .13
THE PEOPLE'S CHRISTIAN FELLOWSHIP LEGAL AND ADMINISTRATIVE INFORMATION Chairman Colin Dash Secretary Charmaine John-walden Treasurer Ely Holboough Reporting Accountants l Owarish & Co - Accountants Limited 1 Cheapside North Circular Road Palmers Green London N13 SED Registered Charity Number 1031255
THE PEOPLE'S CHRISTIAN FELLOWSHIP TRUSTEES, REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 The Trustees, present their report and accounts for the year ended 3151 Dember 2024. Name, Registered Office and Constitution of The Charity The full name of the charity is The People's Christian Fellowship (PCF). The charity was formed as an unincorporated charity under a trust deed on the13th January 1994. The registered charity number is 1031255. The charity is registered in England and Wales. The registered Offi is Springfield Hall, 89 Broad Lane, Tottenham, London N15 4DW. Telephone number 020 88011873. The primary objective of the charity is to advance the Christian Faith and other charitable objectives as determined by the trustees. Legal Status The charity is governed by the consts'tution adopted on 701 December1993, as amended by the resolution of 31 st July 2002, which fomis the rules and regulations of the charity. The appointment and proceedings of the trustees are dealt with in the constitution, which also set out the qualifications required. There is no formal training given to twstees, but all trustees are given a copy of the constitution on appointment, so that they are familiar with their duties and obligations. Method of Recruitment and Training of Trustees The Trustees are appointed by recommendation of the existing Trustees and are trained by them. Organisation and Decision Making As Trustees, we work together with the church offI[S to ensure that the charitable objectives of, and our responsibilities to the organisation have been met. Review of Financial Position The charity continues to run a small deficit and have adequate reserves, as it continues to fulfil its objeclives and complete rts charitab5e projects during the year. The trustees do not foresee any reason why the charity should not be able to continue its current level of activity. The Charity made a surplus of £23,631 before gainsl{lossesl after making charitable expenditure of £249,743. At the year end, the charity had reserves of £2,961,004, of which £2,690,767 are capitsl funds representing the charity's long- term investmenls. Reserve Policy At the present time, the Charrty retains sufficient SerVeS to meet all its obligations for al least six months. The capitsl fund can only be realised by sale of the freehold property. Fund Policy
The Trustees have decided to split the accumulated fund into Capital and Income Fund. The Capital Fund represents the value of the freehold land and building required in order to maintain the operation of the church. The Income Fund represents accumulated undistributed income. Public Benefit Statement Having due regards to the guidance published by the Charity Commission on public benefit. The Trustees a of the opinion that the charity continues to provide benefits to its memkrs, Con9regation and public in general, through the operation of the church and various other activities. Principal Sources of Funding The charity's main source of funding is regular coSleclions from the Ghurch congregation. The charity also receives funding from one off donations, grants, fvndraising acttvities, bank deposit interest and propety letting. These resources enable the charity to continue supplying the staff, equipment and consumables necessary to its numerous activities and pursue its charitable object've of advancing the Christian faith. Prfncipal Risks and Uncertainties The principal risk facing the charity are long tem financial stability, as the charily needs to continue to produ sufficient income each year in order to continue to deliver its charitable objectives. The charity manages this by continuing to make sure it maintains its existing income streams, and looking for new income streams to fund different activtiies, while keeping adequate reserves in order to even out short-temi fluctuations in income. Risk Management The major activities and issues of the charity are subject to review at trustees, meetings. Where there are issues which have a material risk identified, all reasonable steps are taken to mitigate that risk. Grant Making Policy The constitution gives the Trustees the right to give grants lo successful applicants having fulfilled all conditions stipulated for such grants. All grants are made in accordan with the charity's objectives. Pay of Key Management Personnel Pay is set at ann's length according to industry noms, and kept under review by the trustees. Freehold Property Revaluation The last professional valuations of Numbers 89 and 91 was during the year to 31st December 2023 and the open market value atthat date is shown in the accounts.
THE PEOPLE'S CHRISTIAN FELLOWSHIP 2024 TRUSTEES REPORT Charitable Objectives and Focus for 2024 The primary purpose of the charity remains the advancement of the Christian faith and related charitable activities that promote the spiritual, moral, and social wellbeing of the community. In 2024, our focus has been on strengthening our foundations spiritually, organisationally, and financially following a year of review and adjustment. Inspired by the continuing call in Scripture to live out our faith in action, our theme has centred on "Faith in Practice" emphasising service, compassion, and community engagement as expressions of worship. Organisational Review and Staffing Changes Following a review of the church'5 financial position at the end of 2023, the Trustees made several difficult but necessary staffing decisions to ensure sustainability going forward. As recorded in the Trustees, meeting of 12th December 2023, a decision was taken to restructure staffing from early 2024. This included the redundancy of two staff member5, With one role made fully redundant and another offered a part-time position. These changes, though challenging, were made with careful consideration of the church's mission, financial capacity, and operational needs. The roles retained were identified as essential to maintaining pastoral leadership, facilities management, and administration. Trustees engaged legal and HR advisors to ensure that all processes were handled appropriately and with care. While these adjustments impacted the start of 2024, they positioned the organisation for greater long- term stability and efficiency. Grant Funding and New Initiatives A significant positive development in 2024 has been the award of a multi-year grant from the City Bridge Foundation, part of Bridge House Estates. This funding, awarded under the Bridging Divides programme, supports the expansion of our community-based initiative5 tackling food poverty in Haringey and surrounding boroughs. The grant enables the charity to structure and grow our food support programme, including the recruitment of a Food Hub Manager and Food Hub Support Workers on fixed-term contracts. This marks a new chapter in our community outreach, allowing us to strengthen coordination, volunteer trainin& and local partnerships to better serve disadvantaged and vulnerable residents. Worship and Community Life Our Sunday worship services continue to be the heartbeat of church life, with active participation from the music, worship, and technical teams. Through a combination of in-person and online gatherings, we have maintained connection and inclusivity within our congregation. Throughout the year, special services, including Easter, Harvest, and Christmas celebrations, have provided opportunities for spiritual renewal and outreach. The Music Ministry continues to enrich worship through diverse musical expression, uniting generations in praise and reflection. Children, Youth, and Family Ministries Our Children'5 Church and Sunday School have continued to nurture young faith through engaging, age- appropriate learning and creative teaching. The Youth Ministry remains a vibrant space for young people to explore faith and identity through gatherings such as Fuse Fridays and other youth-led initiatives that promote confidence, teamwork, and leadership. The Family, Men's, and Women's Ministries have each contributed to building stronger spiritual and personal support networks, encouraging connection, discipleship, and wellbeing through workshops, small groups, and community events.
Community Engagement Beyond the walls of the church, our commitment to serving the local community has deepened, With the support of our new grant funding, we have expanded our capacity to provide food support, advice, and signposting for individuals and families in need. Volunteers have played a vital role in sustaining these activities, demonstrating faith in action and compassion for our neighbours. Summary and Outlook 2024 has been a year of transition, resilience, and renewed purpose. While the early months brought organisational change, they also opened doors for growth through external partnerships and strategic development. As we look forward, the Trustees remain committed to ensuring that The People's Christian Fellowship continues to serve both its congregation and the wider community with integrity, compassion, and faith. Music Ministry Highlights In 2024. the Music Ministry continued to play an essential role in fostering a worshipful atmosphere and strengthening community bonds within the church and beyond. The ministry supported worship services, special events, and outreach programs, allowing individuals to experience and participate in collective worship through music. Worship Services and Special Events The choir and musicians were central to worship at weekly services. helping to create an engaging and spiritually enriching environment. They provided musical support during significant events in the church calendar. including Easter, Christmas, and special services held to celebrate key milestones. Through a blend of traditional hymns and contemporary worship songs, the music ministry accommodated diverse musical preferenS within the congregation, fostering unity in worship. Children and Youth Programs Creche and Children's Church The Creche and Children's Church have continued to work alongside the Sunday School to teach foundational principles of the Christian faith in a manner suited to young children. Weekly attendance has been steady, with children engaging in interactive sessions, songs. and activities designed to make biblical stories relatable and enjoyable. Sunday School and SpeGial Events Sunday School provides an inclugivo l@2rnin9 environment for Ghildren agea 2 to 18, helping them grow In tneir faith and skills. Special celebrations for Mother's and Father's Day as well as a one-week Vacation Bible School in August brought memorable experiences for children and families.
Youth Programs and New Initiatives Under the guidance of our Youth Leader, the department hosted activities and workshops for teens and young adults. Programs such as Fuse Friday, Activ8, and illumin8 have provided spaces for young people to explore their faith, address contemporary issues, and build supportive relationships. Family, Men's, and Women's Ministries Marriage Fellowship Workshops for couples continued, offering support for building strong relationships and family values. Special seminars were held throughout the year, featuring guest speakers and discussions tailored to both married and unmarried individuals, addressing practical relationship-building skills. Men's Fellowship The Men's Fellowship has provided a supportive space for men to grow spiritually and personally. Saturday breakfast gatherings and weekly study groups have enabled men to engage in meaningful discussions on topics relevant to faith and daily life, as well as community outreach. Kingdom Women Kingdom Women has facilitated Bible studies, fellowship events. and weSlness-focused gatherings, encouraging women to deepen their relationship with God and one another. Highlights included community dinners, and health workshops, fostering both spiritual and physical wellbeing. PCF Statistics for 2024 Child Dedications: 5 Funerals officiated by PCF: 3 (additional 8 external) Weddings: 2 Baptisms: 6 Summary As a church, our goal is to see lives transformed by faith, encouraging both spiritual growth and active engagement in service. We aim to support our community and serve in ways that reflect God's love and purpose. Looking forward, we are committed to expanding our outreach and enhancing the impact of our programs to meet community fully needs and support spiritual growth, with the intent to surpass past accomplishments. The members of the board of Trustees of the Charity are: Trustees Mr. Colin Dash {Chair) Ms. Charmaine John-walden (Secretary) Mr. Ely Holborough (Treasurer) Mr. Anthony Hylton Mr. Stephen Hall Ms. Donna Grant
THE PEOPLE'S CHRISTIAN FELLOWSHIP TRUSTEES, REPORT {cont'd) FOR THE YEAR ENDED 31st DECEMBER 2024 statement of Trustees Responsibilities Law applicable to charities in England and Wales requires the Board of trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at Éhe end of the financial year in preparing those financial statements giving true and fair view, the Board of trustees should follow best practice and: Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP, Make judgement and estimates that are reasonable and prudent. State whether applicable accounting standards and statements of recommended practice have been followed. subject to any departures disclosed and explained in the financial statements., Prepare the financial statements on the going concern basis unless it is inappropriate to assume the charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the fi'nancial statements comply with the Charites Act 2011, The Charity (Accounts and Reports) Regulations 2008, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions, The Board of Trustees approved this report on 31° October 2025 Signed by Mr. Colin Dash Chairman
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PEOPLE'S CHRISTIAN FELLOWSHIP I report on the &counts of the charity for the year ended 31 st December 2024, whh are set out on pages 11 to 20. Responsibilits'es and basis of report The Charity's Truslees are responsible for the preparats'on of the accounts in accordance with the quirementS of the Charities Act 2011 (the Act). The Charity's Trustees consider that an audit is not required for this year under Section 14412) of the Act and that an independent exarnination is needed. I report in respect of my examination of the charity's accounts on pages 13 to 23 carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515)Ib) of the Act. The Charity is preparing accnjed accounls and l am qualified to undertake the examination by being a Public Accountant of the AFA and linSed member of the AAT and authorised to prepa Independent examiners, statement. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: (1 } the accounting records were not kept in accordance with section 130 of the Charities Act., or (21 the acGounls did not accord with the accounting records,. or (3) the accounts did not comply with the applicable requirements conMIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fairf 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 in this report in order to enable a proper understanding of the accounts to be reached. There are no material unrtaintieS about the charity's ability to continue as a going concem l Owarlsh & Co Accountsnts Ltd Independent Examlners 1 Cheapslde, North Clrcular Road Palmers Green - London N13 SED Tel: 020 8149 4717- Mob= 07828 1165 lnfo@lowarlsh.eo.uk Ish FMAAT AFA FAIA l Owarish & Co - Accountants Limited 1 Cheapside North Circular Road Palmers Green London N13 SED Financial Accountants and Registered Independent Examiners Date: 3111012025 10
THE PEOPLE'S CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 Restricted income funds Recommended categories by activity Notes Unrestricted funds Endowment Total Funds funds 2024 Totsl Funds 2023 Incoming resources Donations and legacies 207,188 207,188 196,274 Charitable activities 26,448 30,987 57,435 20.475 Investments 16,800 16,800 11,800 Other 1,464 1.464 3,308 Total 251900 282 887 231858 Resources expended Expendlture on: Raising funds 9,513 9.513 29,740 Charitable activities 212,259 37.484 249,743 232,443 Other 5,849 Total 221 772 259 256 268 032 Net incomel(expenditure) before investment gainsl{losses) Net incomel(expenditure) Other recognised gainsl(losses): 36.174 Gains and losses on revaluation of fixed assets Net movefflent in funds Reconciliation of funds: Total funds brought forward at 1.1.2024 2 937 373 2 937 373 2 973 547ad' Total funds carried forward at 31.12.2024 2 967 501 2 961004 2 937 373 11
The net movement in funds referred to above is the net incoming resources as defined in the statement of Recommended Practice for Accounting and Reporting by the Charity Commissioners for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page15 as required by the said Statement. All activities derive from continuin9 operations. The notes on pages 14 to 20 fomi an integral part of these accounts. THE PEOPLE'S CHRISTIAN FELLOWSHIP STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Excess l (Deficit) of Income over Expenditu before Realisation of Assets Revaluation of Freehold Land & Property There were no recognised gains or losses for the year or the prior year that are not included above. None of the Charity's activities were acquired or discontinued in the above years. The notes on pages 12 to 20 form an integral part of these accounts. 12
THE PEOPLE'S CHRISTIAN FELLOWSHIP BALANCE SHEET AS AT 31,, DECEMBER 2024 Recommended categories by activity Unrestricted funds Restricted income funds Endowment Total Funds Total Funds funds 2024 2023 Notes Fixed assets Tangible assets Total fixed assets 2,769.222 2,769,222 2.774.283 2.769,222 2,769,222 2,774,283 Current assets Stock Debtors 10 Cash at bank and in hand 198,750 198,750 169,818 Total current assets 198,750 198,750 169,818 Creditors: amounts falling due within one year Credit Card (168) (80) (168) (80) (942) (3,138) Trade Creditors Accrued Expenses (5.335) (5,335) (2,648) Total current Liabilities (6,968) (8,968) (6,728) Net current assetsl(liabilities 191,782 191,782 163,090 Total assets less current liabilities 2,961,004 2,961,004 2,937,373 Total net assets 2,961,004 2,961,004 2,937,373 Capital Reserve Capital Account 1,285,000 1,285.000 1,285,000 Retained Earnings 246.606 246,606 278,562 Revaluation Reserve 1,405,767 1,405,757 1,405,767 Total 2.937,373 2,937,373 2.973.547adj 13
Net Income in Year 23,631 23,631 (36,174) Totsl funds 2 961004 2 961004 2 937 373 14
Reconciliation Unrestricted Genera 270,237 Restricted General Unrestricted Capital Fund. 2,690.767 Total funds 2 961004 The Board of Trustees are satisfied that the organisation is not required to have an audit of the organisation by virtue of its level of turnover and by virtue of any requirement under its constitution or otherwise. The Board of Trustees also acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011 as more fully set out under 'Trustees responsibilities, in the report of the Trustees. The financial statements were approved for signature by the Board of Trustees on 31-Oct-2025 and signed on its behalf by: Mr. Colin Dash Chairman 15
THE PEOPLE'S CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES a) Accounts Pre aration The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charitios SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Report) Regulations 2008 only to the extent required to provide a 'true and fair, view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) issued 16 July 2014 rather than the Accounting and Reporting By Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The People's Christian Fellowship meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The organisation has taken advantage of the exemption in financial reporting standard no.1 from the requirement to produce a cash flow statement. The charity is entirely dependent on continuing donations and offerings as a Consequen of the going concern. The particular accounting policies adopted are set out below. b) Accountin convention The financial statements are prepared on a going concern basis under the historical cost. convention as modified by the revaluation of the freehold land and buildings and fixed asset investments. c) Incomin resources Incoming resources are accounted for on a receivable basis deferred where appropriate. Rental income is included in the Income and Expenditure Account net of collection charges on a receivable basis. d) Investment Income Bank interest is included in the Income and Expenditure Account on a receivable basis. The interest arises from bank accounts in the UK. e) Reco nitlon of Liabilities Liabilities are recognised on the accruals basis in accordance with normal accounting principles modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and reporting issued by the Charity Commissioners for England and Wales 16
THE PEOPLE'S CHRISTIAN FELLOWSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 f) Charitable Ex enditure Charitable expenditure inc5udes all expenditure directly related to the objects of the charity and comprises the following: Costs of raising and generating funds The cost of raising and generating funds comprises of the costs of fundraising activities Activities in furtherance of the charity's objectives The cost of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities. Mana ement and Administration costs represent expenditure incurred in the management of the charity's assets, organisational and administration and Complian with charitable and statutory requirements. g) Allocation of costs within t es of Resources Ex ended The charity's operating costs are allocated between types of resources expended on the basis of estimates made by the Trustees. Administration expenditure includes all expenditure not directly related to direct charitable activity. In respect of certain items of expenditure, it is a matter of judgement as to whether such items are direct charitable expenditure or are administrative and the Trustees have applied what they consider to be reasonable judgements in apportioning such costs. h) Fund Accountin details the funds and ose of each fund: Ca ital Account This represents the original capital of the Charity and accumulated growth. There are no restrictions to its use, and the Trustees try to maintain this at a level which will generate sufficient income to cover annual expenditure. Income Account This represents accumulated income over the year, less annual expenditure. The fund is primarily used to meet the annual expenditure and generate further income. i) Fixed Assets and De reciation Property Numbers 89 and 91 were valued by Leo Horsfield Surveyors, a fimi of Chartered Surveyors and RICS Registered Valuers. other tangible fixed assets are stated at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets (less their expected residual value) over their estimate's useful economic lives. A regular annual review of the likelihood of asset impairment is undertaken. Equipment and Plant Motor Vehicles 25 % Straight Line 250/. Straight Line 17
j) Stock Valuation Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. k) Taxation As a gIstered charity, the organisation is exempt from Income and Corporation Tax to the extent that its income and gains are& applicable to charitable purposes only. Value Added Tax is not recoverable by the organisation and is therefore included in the relevant costs in the Statement of Financial Activities. 2 Winding up or dissolution of the charity If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities. the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar object to the charity. 3. NET INCOMING RESOURCES BEFORE TRANSFERS This is ststed after crediting.. 3 Donation and Legacies Unrestricted funds Restricted income funds Endowment Total funds Total funds funds 2024 2023 Analysis Donation and legacies 207,187 207,187 196,275 Total 207,187 207,187 196,275 4 Income from Charitable Activities Unrestricted funds Restricted income funds Analysis Endowment Total funds Total funds funds 2024 2023 Sales incomelGrant 23,381 30.987 54,368 20,475 Total 23,381 30.987 54,368 20,475 18
5 Income from Investments Unrestricted funds Restricted income funds Endowment Total funds Total funds funds 2024 2023 Analysis Interest income Rental and leasing income 16,800 16,800 11,800 Total 16,800 16,800 11,800 6 Other Income Unrestricted funds Restricted income funds Endowment Total funds Total funds funds 2024 2023 Analysis Other 1,464 1,464 3.308 Total 1,464 1,464 3,308 7 Expenditure on Raising Funds Analysls Total funds 2024 Total funds 2023 Support Costs 9.513 3,096 Total 9,513 3,096 8 Expenditure on Charitable Activities Analysls Total funds 2024 Total funds 2023 Charity management & administration 43,522 43,147 Charity running cost 21,377 21,411 Cost of services 7,254 5,583 Donations 40,427 29.740 Printing and stationery 1,382 2,896 Bank charges 1,212 1,281 19
Support Costs Total 115,174 104,058 9 Support Costs Analysls Total funds 2024 Total funds 2023 Wages and salaries 127,350 146,797 Governance Costs Independent examiners fees Accountants fees 3,240 1,400 Total 130,590 148,197 1 i,, Other Expenditure Unrestricted funds Restricted income funds Endowment Total funds Total funds funds 2024 2023 Analysis Other Expenditure 6,140 Depreciation of Owned Fixed Assets 5,061 5,061 6,657 Total 5,061 5.061 12.797 11 Tangible Fixed Assets 10.a Cost or valuation Freehold Land & Buildings Plant & Machinery Motor Vehlcles Fixtures & Fittings At 01 January 2024 2,765,000 173,077 21,377 10,043 Additions Oisposals Revaluations At 31 December 2024 2,765.000 173,007 21.377 10,043 20
12 Depreciation and impairments Freehold Land & Buildings Plant & Machinery Motor Vehicles Fixtures & Flttings At 01 January 2024 167,604 21,376 6.234 Additions Disposals At 31 December 2024 167,604 21.376 6,234 13 Net book value Freehold Land & Buildings Plant & Machinery Motor Vehicles Fixtures & Fittings At 01 January 2024 2.765,000 2,452 1,768 At 31 December 2024 2,765,000 2,452 1,768 14. Debtors: Amounts falling due within one year Total funds 2024 Total funds 2023 Prepayments & accrued income 3,100 Total 3,100 15. Creditors: Amounts falllng due within one year Total funds 2024 Total funds 2023 Bank loans and overdrafts 942 Trade creditors 248 3,138 Accruals expenses 1,385 1,309 Taxation and social security 5,336 Total 6.969 5,389 21
- Staff Gross Wages & Salaries Employerfs Nl 2024 £127,350 £. 12,016 The average number of staff is: 2023 £128,339 £ 11,434 5 (2024) 5 (2023)
- Trustees Remuneration and Expenses The Trustees are not remunerated and are not reimbursed for any expenses.
- Presentation Currency The accounts are presented in British Pounds Sterling
- Other Inforniation The People's Christian Fellowship is a charity registered in England and Wales. Its registered Office and Principal place of business is.. 89 Broad Lane Tottenham London N15 4DW
- Related Party Transactions C Walden Salary £16,500. Pension Contributions £322 (2023- Salary £14,207, Pension Contribution £290) Trustee C J Walden - PCF Foodbank Manager Spouse of Trustee Salary £21,012. Pension Contributions (Nil) (2023 - Salary £0, Pension Contributions £Nil All salaries are paid at arm's length according to market norms and services provided. These are kept under by the other trustees.
- Non-Trustees D Daniel - Pastor and Key Management Personnel and C Daniel employment is a related party And close family of Key Management Personnel. Aggregate amount for the 2 individuals: Salary £61.000. Pension Contributions £1,729. 22