Woodham Chrlstian Centre Ltd.
CharSty No. 1035837
Company No. 02813517
Trustees, Report and Unaudited Accounts
31 October 2024

Woodham Christian Centre Ltd.
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Financlal Activitles
Summary Income and Expenditure Account
Balance Sheet
Statement of Cash flows
Notes to the Accounts
9t014
Detalled Statement of Financlal Activities
15
Page I

Woodham Chrlstian Centre Ltd.
Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report wlth the unaudited financial statements of the charity for the year ended 31
October 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 02813517
Charlty No. 1035817
Reglstered Offlce
Bethany House
Village Close
Woodham Villa8e
County Durham
DL54UD
Directors and Trustees
The Directors of the charitable company are Its Trustees for the purposes of charity law.
The followin8 Dlrectors and Trustees served during the year:
C. Brown
S. Foster
K. Horn
W. Jose
C. Mills
C. Rowland
l. Rowland
Company Secretary
l. Rowland
Accountants
Brewster & Co (NE) Ltd
5a Station Terrace
East Boldon
Tyne & Wear
NE36 OU
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governin8 document are the provision of charltable service and
the advancement of religion and education.
ACHIEVEMENTS AND PERFORMANCE
The Charity continues to Improve on a financial basis. There were no matters of note,
PLANS FOR FUTURE PERIODS
Page 2

Woodham Christian Centre Ltd.
Trustees Annual Report
The trustees plans for the future are based on establishing the provision of charitable donations and nursing
care in the community.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularitSes.
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companles reglme a5 set out in Part 15 of the Companies Act 2006 and In accordance with the
Charlties SORP (FRS 102).
signed on behalf of the board
S. Foster
Trustee
30 July 2025
Page 3

Woodham Chrlstlan Centre Ltd.
Independent Examiners Report
Independent Examlner's Report to the trustees of Woodham Christian Centre Ltd.
I report to the charity trustees on my examlnation of the financial ststement5 of Woodham Christian Centre
Ltd. for the year ended 31 October 2024.
Responslblllties and basls of report
As the charity's trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requlrements of the
Companies Act 2006 ('the 2006 Act.
Havlng sat15fled myself that the financial statements of the Charlty are not required to be audlted under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examlnation of
your charity's financlal statements as carried out under section 145 of the Charitles Act 20111'the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under section
14515) (b) of the 2011 Act.
Independent examlner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in
connectlon with the examinatlon giving me cause to believe:
accountlng records were not kept in accordance with section 386 of the 2006 Act . or
• the financial statements do not accord wlth those record5; or
the flnanclal statements do not comply with the accounting requirements under sectlon 396 of the 2006
Act other than any requirement that the flnanclal statements glve a 'true and falr, view which Is not a
matter considered as part of an independent examination; or
the flnanclal statements have not been prepared in accordance with the methods and prlnclples of the
Statement of Recommended Practice for accounting and reportlng by charitle5 applicable to charities
preparing their accounts In accordance with the Financlal Reporting Standard applicable In the UK and
Republic of Ireland (FRS 1021.
I have no concerns and have come across no other matters in connectlon with the examlnation to which
attention should be drawn In this report In order to enable a proper understandlng of the financial
statements to be reached.
C.T. Brewster ICAEW
Brewster & Co (NE) Ltd
5a Station Terrace
East Boldon
Tyne & Wear
NE36 OU
30 July 2025
Page 4

Woodham Christlan Centre Ltd.
Statement of Financial Activities
for the year ended 31 October 2024
Unrestrlcted
funds Total funds Total funds
2024
2024
2023
Notes
Income and endowments
from:
Investments
78,561
78,561
18,575
Total
78,561
78,561
18,575
Expendlture on..
Charitable actlvlties
Other
19,085
108,162
19,085
108,162
18,000
114,845
Total
127,247
110,420)
(59,106)
127,247
132,845
{10,420)
{11,556)
159,106) 1125,826)
Net losses on investments
Net expenditure
Transfers between funds
Net expenditure before other
galn51(losses)
{59,106)
159,106) (125,826)
Other galns and losses
Net movement In funds
(59,106>
(59,106) 1125,826)
Reconclllatlon of funds:
Total funds brought forward
1,119,369
1,119,369
1,245,195
Total funds carried forward
1,060,263
1,060,263
1,119,369
Page 5

Woodham Christian Centre Ltd.
Summary Income and Expendlture Account
for the year ended 31 October 2024
2024
2023
Net losses on investments
(10,420)
(11,556)
Interest and investment income
78,561
18,575
Gross income for the year
Expenditure
68,141
7,019
101,384
95,786
Depreciation and charges for
impalrment of fixed assets
Total expendlture for the year
Net expenditure before tax for the year
Net expendlture for the year
31,461
31,461
127,247
(59,106)
132,845
{125,826)
{59,106)
{125,826)
Page 6

Woodham Christian Centre Ltd.
Balance Sheet
at 31 October 2024
Company No. 02813517
Notes
2024
2023
Flxed assets
Tangible assets
Investments
871,943
48,306
920,249
903,404
58,726
962,130
io
Current assets
Debtors
Cash at bankand in hand
li
10,000
130,292
140,292
{278)
140,014
1,060,263
1,060,263
157,517
157,517
12781
157,239
1,119,369
1,119,369
Credltors: Amount falling due wlthin one year
Net current assets
Total assets less current liabllitles
Net assets excluding penslon asset or Ilablllty
Total net assets
12
1,060,263
1,119,369
The funds of the charlty
Restrlcted funds
Unrestrlcted funds
General funds
13
13
1,060,263
1,060,263
1,119,369
1,119,369
Reserves
13
Total funds
1,060,263
1,119,369
These accounts have been prepared in accordance with the special provlsions of Part 15 of the Companie5
Act 2006 relatlng to small companles.
For the year ended 31 October 2024 the company was entitled to exemptlon under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance wlth sectlon 476 of the
Companles Act 2006.
The dlrectors acknowledge their responsibilities for complying with the requirements of the Compante5 Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 30 July 2025
And signed on its behalf by:
C. Brown
Trustee
30July 2025
Page 7

Woodham Christian Centre Ltd.
Statement of Cash flows
for the year ended 31 October 2024
2024
2023
Cash flows from operatlng actlvltles
Net expend5ture per Statement of Financlal Actlvitles
(59,106)
1125,8261
Adjustments for:
Depreclatlon of property, plant and equipment
Dlvidends, Interest and rents from investments
Ilncreasel/Decrease in trade and other receivables
31,461
(78,561}
{10,000)
31,461
118,5751
23,000
Net cash used In operatlng activltles
(116,206)
(89,940}
Cash flows from Investlng actlvltles
Proceeds from sale of Investments
Dlvidends, interest and rents from Investment5
10,420
78,561
11,556
18,575
Net cash from Investlng actlvltie$
88,981
30,131
Net cash from flnancln8 actlvltles
Net decrease in cash and cash equlvalents
(27,225)
{59,809)
Cash and cash equlvalents at the beglnning of the year
157,517
217,326
Cash and cash equlvalents at the end of the year
130,292
157,517
Components of cash and cash equlvalents
Cash and bank balances
130,292
157,517
130,292
157,517
Page 8

Woodham Christlan Centre Ltd.
Notes to the Accounts
for the year ended 31 October 2024
l Accountlng policies
Basls of preparatlon
The flnancial statements have been prepared In accordan￿ with 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 2015) (Charitie5 SORP IFRS 102)), the Financial Reporting Standard appllcable in the UK and
Republic of Ireland {FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Fund accountlng
Unrestricted funds These are available for use at the dlscretlon of the trustees In furtherance of the
general objects of the charity.
These are unrestrlcted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluatlon reserve representing the
restatement of investment assets at thelr market values.
These are avallable for use Subject to restrictions Imposed by the donor or through
terms of an appeal.
Designated funds
Revaluatlon funds
Restricted funds
Income
Recognition of
Income
Income Is included in the Statement of Flnancial Activitles (SOFA) when the charity
becomes entitled to, and virtually certaln to recelve, the Income and the amount of
the income can be measured with sufficlent reliability.
Income with related Where income has relaled expendlture the income and related expendlture is
expenditure
reported gross in the SOFA.
Donatlons and
leEacies
Voluntary income received by way of grants, donations and gifts is Included in the
the SOFA when receivable and only when the Charity has unconditSonal
entitlement to the income.
Tax reclalms on
Income from tax reclaims is included in the SOFA at the same tlme as the
donatlons and glfts gift/donation to which it relates.
Donated 5ervlces
and faclllties
These are only included in income (with an equivalent amount in expenditure)
where the benefit to the Charity Is reasonably quantlfiable, measurable and
material.
Volunteer help
The value of any volunteer help recelved is not included In the accounts.
Investment income This Is included in the accounts when receivable.
Gains/(lossesl on
This includes any gain or loss resulting from revalulng investments to market value
revaluation of fixed at the end of the year.
assets
Galns/(Iosses) on
investment assets
This includes any galn or10ss on the sale of investments.
Page 9

Woodham Christian Centre Ltd.
Notes to the Accounts
Expendlture
Recognition of
expendlture
Expenditure is recognised on an accruals basis. Expenditure Includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated wlth attracting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activitles and
charitable activitie5 seriices in the furtherance of its object5, Including the making of grants and
governance costs.
All grant expenditure Is accounted for on an actual pald basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs associated wlth meeting the constltutional and statutory
requlrements of the Charity, Including any auditlindependent examlnation fees,
costs Ilnked to the strategic management of the Charity, together with a share of
other adminlstration costs.
Other expenditure These are support costs not allocated to a partlcular actlvity.
G rants payable
Governance costs
Taxatlon
The charity Is exempt from corporation tax on Its charitable activltles.
Freehold Investment property
Investment propertles are measured initially at cost and subsequently at falr value at each balance sheet
date and are not depreciated. All galns or losses are taken to the Statement of Financlal Actlvitles as they
arlse.
Stocks
Stock Is Included at the lower of cost or net realisable value. Donated items of stock are reco8nised at fair
value which Is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalent5
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown wlthin borrowlngs or current Ilabilitles.
In the Statement of Cash Flows, cash and cash equivalents areshown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provislons are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated rellably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Page 10

Woodham Christlan Centre Ltd.
Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabillties denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactlons in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters Into a lease which entails taklng substantially all the rlsks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantlally all the risks and rewards of ownership to charity are classlfied
as operatlng leases.
Assets held under flnance leases are initially recognlsed as a55ets of the charity at thelr falr value at the
Inceptlon of the lease or, if lower, at the present value of the minimum lease payments. The
correspondlng Ilabillty to the lessor Is included in the balance sheet date as a finance lease obligation.
Lease payments are apportloned between finance expenses and reduction of the lease obligation so as to
achleve a constant rate of Interest on the remaining balance of the1Sab511ty. Finance expenses are
recognised immediately, unless they are directly attributable to qualifyin8 asset5, in whlch case they are
capltalised In accordance wlth the charlty's polScy on borrowing COSts.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a stralght-llne basss over the lease term.
In the event that lease incentlves are received to enter into operatlng leases, such incentlves are
recognlsed as a liabllity. The aggregate beneflt of Incentlves Is recognlsed as a reduction of rental
expense on a stral8ht-Ilne basls.
Penslon costs
The charity operates a deflned contribution plan for its employees. A defined contrlbution plan Ss
penslon plan under which the company pays fixed contributions into a separate entity. Once the
contributlons have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals In the balance sheet.
The assets of the plan are held separately from the company In independently adminlstered funds.
Recelpt of donated goods, facilltles and servlces
All donated goods, facllitie5 and servkes received are recognised within Incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited bv Euarantee and consequently does not have share capital.
Page 11

Woodham Christlan Centre Ltd.
Notes to the Accounts
3 Statement of Flnancial Activltles - prlor year
Unrestricted
funds Total funds
2023
2023
Income and endowments from:
Investments
18,575
18,575
Total
18,575
18,575
Expendlture on:
Cha ritable activlties
18,000
114,845
18,000
114,84S
Other
Total
132,845
132,845
(11,556)
111,5561
1125,826) 1125,826)
Net gains on Investment5
Net Income
Net Income before other
galns/(losses)
other galns and losses:
Net movement In funds
1125,826) 1125,826)
{125,826) (125,826)
Reconclllatlon of funds:
Total funds brou8ht forward
Total funds carrled forward
1,245,195
1,119,369
1,245,195
1,119,369
4 Income from Investments
Unrestrlcted
Total
2024
Total
2023
78,561
78,561
78,561
78,561
18,575
18,575
S Expendlture on charltable activltles
Unrestricted
Total
2024
Total
2023
Expenditure on choritable
actlvlties
19,085
19,085
18,000
Governance costs
19,085
19,085
18,000
Page 12

Woodham Christian Centre Ltd.
Notes to the Accounts
6 Other expenditure
Unrestricted
Total
Total
2024
2023
Premlses costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General admlnistrative costs
56.020
56,020
69,148
31.461
31,461
31,461
20,681
108,162
20,681
108,162
14,236
114,845
7 Net expendlture before transfers
2024
2023
Thls is stated after charging:
Depreciatlon of owned flxed assets
8 Staff costs
No employee received emoluments in excess of £60,000.
9 Tanglble f Ixed assets
31,461
31,461
Cost or revaluation
At l November 2023
At 31 October 2024
Depreclation and
Impairment
At l November 2023
Depreclation charge for the
year
At 31 October 2024
Net book values
At 31 October 2024
At 31 October 2023
1,573,080
1,573,080
1,573,080
1,573,080
669,676
669,676
31,461
31,461
701,137
701,137
871,943
903,404
871,943
903,404
10 Investments
Investment
Subsldlaries
Total
Cost or revaluatlon
At l November 2023
Disposa Is
At 31 October 2024
Net book values
At 31 October 2024
At 31 October 2023
58,726
(10,4201
48,306
58,726
{10,420)
48,306
48,306
58,726
48,306
58,726
Page 13

Woodham Christian Centre Ltd.
Notes to the Accounts
11 Debtors
2024
2023
other debtors
10,000
10,000
12 Credltors:
amounts falllng due within one year
2024
2023
Other creditors
278
278
278
278
13 Movement In funds
Incoffllng
resources
At31
(includlng
Atl
other
November galnsllosses
2023
Resources
expended
October
2024
Restricted funds:
Unrestrlcted funds:
General funds
1,119,369
68,141
1127,2471 1,060,263
Total funds
14 Analysls of net assets between funds
1,119,369
68,141
{127,247) 1,060,263
Unrestrlcted
funds
Total
Fixed assets
Investments
871,943
48,306
140,014
1,060,263
871,943
48,306
140,014
1,060,263
Net current assets
15 Reconclllatlon of net debt
Atl
November
2023
At31
October
2024
Cash flows
Cash and cash equivalents
157,517
157,517
(27,225)
{27,2251
130,292
130,292
Net debt
157,517
{27,225)
130,292
16 Related party disclosures
Controlllng party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 14

Woodham Christian Centre Ltd.
Notes to the Accounts
Page 15

Woodham Chrlstlan Centre Ltd.
Detalled Statement of Financial Actlvltles
for the year ended 31 October 2024
Unrestrlcted
funds
2024
Total funds
2024
Total funds
2023
Income and endowments from:
Investments
78,561
78,561
78,561
78,561
78,561
18,575
18,575
Total Income and endowments
78,561
18,575
Expendlture on:
Charitable activltles
19,085
19,085
19,085
19,085
18,000
18,000
Total of expendlture on charltable
actlvities
19,085
19,085
18,000
Prem15es costs
Other prem15es costs
56,020
56,020
56,020
56,020
69,148
69,148
General admlnlstrative costs,
Including depreciation a nd
amortisation
Depreciation of land and
bulldlngs
Sundry expenses
31,461
31,461
31,461
20,681
52,142
108,162
20,681
52,142
108,162
127,247
110,420)
14,236
45,697
114,845
Total of expendlture of other costs
Total expendlture
Net gains on Investments
127,247
132,845
110,420)
(11,556)
Net expendlture
(59,106)
(59,1061
(125,8261
Net expendlture before other
galns/(losses)
Other Gain5
159,106)
(59,106)
1125,826)
Net movement In funds
(59,106)
{59,106}
(125,826)
Reconcillatlon of funds:
Total fund5 brought forward
1,119,369
1,119,369
1,245,195
Total funds Carrled forward
1,060,263
1,060,263
1,119,369
Page 16