Clevedon Family Church
Clevedon Family Church
Annual Report and Financial Ststements for
the Year Ended 31 March 2024

Charity registration number: 1039853

Contents (eontinued)
Reference and Administrative Details
Tn￿lees, Report
2to3
Statement of Trustees, Responsibilities
Independent Examinefs Report
Statement of Finan¢ial Activities
Balance Sheet
Note5 to the Financial Statements
8t020

Clevedon Family Church
Referenee and Administrative Detsils
Trustees
Mr S A Douglas
Mr R J Douglas
Mr T Madsen
MrCSSims
Mr M W Douglas
Mr l Loring
1039853
Charity Registration Number
Principal Office
Elton House
Albert Road
Clevedon
North
BS217RR
Somerset
Independent Examiner
Newsham Hanson Accountants Limited
Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS217NP
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Clevedon F2miIy Church
Trustees, Report
The trustees pre5¢nt the annual report together with the financial statements of the charity for the year ended 31
March 2024.
Objectives and activitie$
Public benefil
In setting our objectives and planning our activities our Governors have given careful consideration to the Charity
Commission's public benefit guidance.
Our key objectives for the year included:
• the furtherdnce of wellbeing to the local community.
. to present the full Gospel of c1￿1$t to our world by all mean4 and equipping His follower5 for His service.
The t￿Ste¢S confirni that they hav¢ complied with the requirements of section J 7 of the Charitie5 Act 2011 to have
due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structurei governance and management
NaÉiire ofyoveniing docuinenl
Clevedon Family Church is Constituted under a tN5t deed dated 3rd July 1994 as amended 20th September 2015
and is a registered charity no 1039853.
Recruilnieiii and appoiiiimenl oflrHsiees
The trustees who have served during the year and since the year end are set out above. Trustees are appointed by
the Board Of Trustees.
Organlsallonol slriicliire
The Clevedon Family Church operdtes a Church in the tomm of Clevedon. The purpose of the Church is..
The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within
Clevedon and surrounding neighbourhood. and such other charitable purposes as shall, in the opinion of the
managing trustees, further the work of the Church.
Renovations to the premises that the Church operates in have been funded, in part, by legacies and donatioTJs made
in previous years. Legacies have been received from David Addy and Roger Laughton totalling £73.068.
Donations have been made from Chadwick Holdings Limited, in particular Woodlands Hall that had a value of
£78,000 when 591d.
Financial instruments
Objeelives a?Idpolieies
The Trustees have assessed the major risk5 to which the Charity 15 exposed. in particular those related to the
operations and fjnances of the Church, and are satisfied that systems and proc¢dures are in place to mitigate our
exposure to the major risks.
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Clevedon Family Church
Trustees, Report (continued)
The annual report wa5 approved by the trustees of the charity on 6 November 2024 and signed on its behalf by:
Mr C S Sims Trustee
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Clevedon Family Church
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees. Teport and the fmancial statements in accordance with the
United Kingdom Accounting Standards (Uni*d Kingdom Generdlly Accepted Accounting Practice) and
applicable law and regulattons.
The law applicable to charities requires the tNstees to prepare fmancial statements for each flnancial year which
give a true and fair view of the state of affairs of the charity and of the incorning r¢souw¢s and application of
resources of the charity for that period. Jn preparing these flnancial statements, the trustees are required to."
select suitable accounting policies and then apply them consistentty;
observe the methods and principles in the Charities SORP;
make judgernents and estimates that are reasonable and prndent;
state whether applicable aceountÉng standards have been followed, subject to any material departures dlsclosed
and explained in the financial statements. and
prepare the financial statements on the goino concern basis unless it is inappropriate to presume that the charity
will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the flnancial ststements comply with the
Charities Act 201 I, the Charities (A¢¢ounts and Reports) Regulations 2008, and the provisions of the constitution.
The trustees are also responsible for safeguarding the assets of the chaTity and hence for tak.ing reasonable steps
for the prevention and dete¢tion of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and fmaDcial information included
on th¢ charitable company's website. Legislation governing the preparation and dissemination of fmancial
statements may differ from legislation in other jurisdictions.
Approved by the tNstees of the charity on 6 November 2024 and SI￿¢d on its behalf by:
Mr C S Sims Trustee
Independent Examiner's Report to tbe trustees of Clevedon Family Church
I report to the trusiees on my examination ofthe accounts of Clevedon Family Church for the year ended 31 March
2024.
Responsibilities and basis of report
As the charity trustees of Clevedon Farnily Church 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 Clevedon Family Churth'5 a￿oUnts carried out under sectlOD 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under sKtion 145(5)(b) of the ACL
Independent examiner's statement
I have completed my examination. I confirm that no matsrial matters have come to my attention in connection
with the examination givinD me cause to believe that in any material respect:

Clevedon Family Church
l. accounting records were not kept in respect of Clevedon Family Church as required by section 130 of the
2. the accounts do not accord with those records" or
3. the accounts do not comply with the a¢¢ounting requirements concerning the fonn and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other tban any requirement that the
accounts give a 'true and fair view, which is not a matter considered as part of an independent examination.
E have no concerns and have come across no other rnatters in connection with the examination to which attention
should be drdwn in this report in order to enable a proper understanding of the accounls to be reached.
Newsham Hanson Accountants Limited
ACCA
Edinburgh House
1-5 ljellevue Road
Clevedon
North
BS217NP
Somerset
6 November 2024
Statement of Finaneial Activities for the Year Ended 31 Mareh 2024
Unrestrlcted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
76,293
76293
Other trading activities
3,589
3,589
Investment income
524
524
Total income
Expenditure on:
Charitable activities
(74,967)
(74,967)
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Clevedon FAmily Church
Total expenditure
Net income
Net movement in funds
5,439
5,439
Reeon¢iliation of funds
Total funds brought forward
77,593
77,593
Total funds carried forward
16
Unrestricted
funds
Total
2023
Income and Endowments from:
Donations and legacies
Lyote
43,980
43,980
Other trading a¢tiviti¢s
2,801
2,801
Total income
Expenditure on:
Charitable activities
(63.902)
(63,902)
Total expenditure
Net expenditure
Net movement in ￿ndS
(17.121)
(17,121)
Reeonciliation of funds
Total fvnds brought forward
94.713
94,713
Total ￿ndS carried forward
16
All of the charity's activities derive from continuing operations during the above two periods.
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Clevedon Famlly Church
The notes on pages 8 to 20 fonn an integrdl part of these ffftancial statements.
Notes to the Finaneial Ststements for the Year Ended 31 March 2024
l Accounting policies
Statement of compliance
The financial statements have been prepared under the historical cost convention with items recognised at cost or
transaction value unless otherwise stated in the relevant notes to these accounts. The fmancial Statements have
been prepared in accordance with the Statement of R¢commended Practice: Accountino and Reporting by
Charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in thc United
Kingdom and Republic of Ireland (FRS 102) and Charities A¢t 2011.
Basss of preparation
Clevedon Family Church meets the definition of a public benefit entity under FRS 102. The accounts (Financial
statements) have been prepared under the historical cost conventlOD with items reCO￿lsed at cost or trnnsaction
value unless otherwise stated in the relevant note(s) to these accounts.
Golng eoncern
The trustees consider that there are no material uncertainties about the ¢harity'S ability to continue as a going
concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general
ature is re¢ognis¢d when the charity has entitlement to the income, it is probable that the income will be received
and the amount ran be measured with suffxcient reliability.
Donalioiis aiid legocles
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be
reliably measured.
Ipivestmeiil Incoine
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Expenditure
All expenditure is recognised once there 15 a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that a￿Ore0ate similar costs to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with tbe use of resources, with central staff costs
allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other
support costs are allocated based on the spread of staff costs.
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Clevedon Family Church
Cliaritable aelivifies
Charitable expenditure comprise5 those costs incurred by the charity in the delivery of its activities and service5
for its benefEciaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
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Clevedon Family Church
Notes to the Financial Ststements for the Year Ended 31 March 2024 (continued)
Support costs
Support costs include central functions and have been allocated to activity cost cate(yories on a basis consistent
with the use of resources, for exaEnple, allocating propety Costs by floor areas, or per capita. staff costs by the
tirne spent and other costs by their usage.
Taxatlon
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore
it meets the definition of a charilable company for UK corporation t&X PUTposes. Accordingly, the charlty is
potentially exernpt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992.
to th¢ extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £1 00.00 or more are inttially recorded at cost.
Depreeiation And amorti$ation
Depreciation is provided on tanoible fixed assets so a5 to write off the cost or valuation, less any estimated residual
value, over their expected useful economic life as follows:
A$set class
Fixtures & Fittings - leasehold improvements
FiX￿reS & Fittings
ChuKh & OIYi¢e Equipment
Depreciation method and rate
over the tenns of the lease
] 50/0 reducing balance basis
15 % reduclng balance basis
Trade debtors
Trade debtors are amounts due from custorners for merchandise sold or services perfornled in the ordinary course
of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
usÈng the effective interest method. less provision for impairn)ent. A provision for the impainnent of trade debtors
is established when there is objective evidence that the Charity will not be able to colle¢t all amounts du¢ according
to the original tems of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other 5hort-terni highly liquid inveslments
that are readily conv¢rtible to a known amount of casb and are subject to an insignificant risk of change in value.
Trade creditors
are obligations to pay for goods or S¢Tvices that have been acquired in the ordinary course of business from
suppliers. Accounts payable are classified as current liabilities if the does not have aT] unconditional right, at the
end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date.
If there is an unconditional right to defer settlement for at least twelve months after the reporting date, tliey are
presented as non-Cu￿nt liabilities.
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Clevedon FamAty Church
Notes to the Financial Statements for the Year Ellded 31 Mareh 2024 (eontinlled)
are recognised initially at the transaction price and subsequently measured at amorti5ed cost using the effective
interest method.
Borrowings
Interest-bearing borrowin￿(￿ are initially recorded at fair value. net of transaction costs. Interest-bearing
borrowing5 are subsequently catried at amortised cosl with ihe difference beNieen the proceeds, net of transaction
costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activitieg
over the period of tbe relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges,
Borrowings are classified as current liabilities unless the charity has an unconditional light to defer s¢ttlement of
the liability for at least twelve months after the reporting date.
Fund structure
Unrestrficted income funds are general futlds that are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds Set aside for specific pU￿oseS at the discretion of the trustees. A sinking
fund was created as a contingency fund to cover large repairs of the building in which it operates.
Financial instruments
Classlficollon
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual
provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instNment is any Contract that evidences a residual interest in the assets of
lh¢ charity after d¢ducting all of its liabilities.
Recogiiition and measuremenl
All financial assets and liabilities are initially measured at transa¢tion price (including transaction costs). except
for those financial assets classified as at fair value through profit or loss, which are initially measured at fair valu¢
(which is nomially the transaction price excluding transaction costs), unless the arrdngernent constitutes a
financincv transaction. If an arrdngement constitutes a financing trdnsaction, the financial asset or financial liability
is measured at the present value of the future payments dxscounted at a market rate of interest for a similar dcbt
instrument.
Financial assets and liabilities are only offset in the ststement of financial position when, and only when there
exists a legally enforceable right to set off the recognised amourjts and the charity intends either to settle on a net
basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and onty when a) the contrdCtua] Tights to the cash flows from the financial
asset expire or are settled, b) the charity transfers to another paty substantially all of the risks and rewards of
ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and
rewards of ownership, ha5 transferred control of the asset to another paty.
Pagell

Clevedon Family Church
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
Financial liabilities are derecognised only when the obligation specified in the contract is discharge(L cancelled or
exptres.
Debi ijislrumenls
Debt instruments which meet the following conditions are subsequently measured at amorti5ed cost using the
effective interest method:
(a)
The contrdGtual return to the holder 15 (i) a fixed amount" (li) a positive fixed rate or a positive varÈable
rate. or (iii) a combination of a posltive or a negative flxed rate and a positive variable rate.
(b)
The Contract May provide for repayments of the principal or the return to the holder Ibut noi boih) ￿ be
linked to a single relevant observable index of general price inflation of the currency in which the debt instrument
is denominated, provided such links are not leveraged.
(c)
The contract may provide for a deterniinable variation of the re￿rn to the holder durtng the life of the
instrumenL provided that (i) the new rate satisfies condition (a) and the variation is not Contingent on futUTe events
other than (l) a change of a contractual variable rate. (2) to protect the holder against credit deterioration of the
issuer. (3) Changes in levies applied by a central bank or arising from changes in relevant taxation or law, or (li)
the new rate is a market rate of interest and satisfies condition (a).
(d)
There is no ¢ontra¢tual provision that could, by its terns result in the holder losing the principal amount
or any interest attributable to the current period or prior periods.
(e)
Contracttjal provisions that pern)it the issuer to prepay a debt instrument or perniit the holder to put it
back to the issuer before maturity are not contingent on future events. other than to protect the holder against the
credit deteriordtion of the issuer or a change in control of the issuer, or to protect the holder or issuer against
changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(fj
Contractual provisions may pennit the extension of the terni of the debt instniment, provided that the
return to th¢ holder and any other contractual provisions applicable during the extended terni satisfy the conditions
of paragraphs (a) lo (G).
Debt instruments that are classified as payable or receivable within one year on initial recognition end which meet
the above conditions are measured at the undtscounted amount of the cash or other consideration expected to be
paid or received. net of impairnient.
With the exception of some hedging instruments. otherdebt instruments not meeting these conditions are measured
at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which
rnay b¢ nil) less impairnient.
Jiyvestmeiits
Investments in non-convertible preference shares and non-puttable ordinary or Preference shares (where shares
are publicly traded or their fair value is reliably measurable) are measured at fair value throu￿1 profit or loss.
Where fair value cannot be measured reliably, investtnents are measured at cost less impairnient.
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Clevedon Family Church
Notes to the Financial Staten)ents for tbe Year Ended 31 March 2024 (continued)
Investments in subsidiaries and associates are measured at cost less impairn)ent. For investtnents ID subsidiaries
acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference
to the nominal value of the shares issued plus fair value of other ronsideration. Any premium is ignored.
Fair value measuremenl
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are
unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long a5 there
has not been a significant change in economic circumstances or a significant lapse of time since the transaction
took place. If the market is not active and recent transactions of an identical asset on their own are not a good
estimate of fair value, the fair value is estimated by using a valuation te¢hnique.
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*0￿

Clevedon Family Church
Notes to the Financial Statexnents for the Year Ended 31 March 2024 (continued)
6 Analysis of support costs
Raising funds expenditure Costs of trading 8elivities
Total
2024
Basis of allo￿tiOn
Support costs alloeated to charitable activities
Premlses
costs
CovernaneeAdmini$tration including
Costs
costs
depreciation
Other
support
costs
Basis ofallocatlon
100
Clev¢don Family Church
1.798
1,907
34,968
2,863
Total for 2023
Totsl
funds
Clevedon Family Church
41,536
Total for 2023
Basis of alloeation
Reference
Clevedon Family
Church:
Method of allocation
the establishment and running costs of the Church Premises have been full allocated in the
year to Clevedon Family Church
7 Net incoming/outgoing resources
Net incomin￿(OutgoIng) re50ur¢es for the year include:
2024 2023 £ £
690
Depreciation of fixed assets
812
8 Trustees remuneration and expense5
During the year the charity made the following transactions with trustees:
MrCSSims
£700 (2023.. £Nil) of ¢xpense5 were reimbursed to Mr C S Sims during the year.
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Clevedon Family Church
Notes to the Fin2neial Statements for the Year Ended 31 March 2024 (continued)
During the year, the following amounts were paid in resp¢ct of reimbursed expenses".
NIA
9 Taxation
The Charity is a registered charity and is therefore exempi from taxatton.
10 Tanglble fixed assets
Furniture and
equlpment
Totsl
Cost
At l April 2023
270,615
270,615
At 31 March 2024
Depreciation
At l April 2023
Charge for the year
258.384
1,834
258,384
1,834
At 31 March 2024
Net book value
10,397
10,397
At 31 March 2024
At 31 March 2023
Debtors
Other debtors
12 Cash and Cash equivalent5
7237
6,678
2024
2023
Cash on hand
Cash at bank
loo
66,338
loo
58,410
13 Creditors: amounts falling due within one year 2024
Other creditors
2023£ £
(1,316)
142
Pension scheme creditor
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Clevedon Famity Chureh
Notes to the Financial Statements for the Year Ended 31 March 2024 {continued)
Accruals
1,000
(174)
14 Control
The Charity is controlled by the Trustees.
15 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 March
2024
Tangible fixed assets
Current ￿setS
Current liabilities
10,397
13,185
(1,040)
10,397
13,185
(1,040)
Total net assets
Unrestricted
funds
Ceneral
Total funds at
31 March
2023
Tangible fixed assets
Current assets
Current liabilities
12.230
65.188
174
12,230
65,188
174
Total net assets Funds
Balance at I
Incoming
April 2023
resources
Resources
expended
Balance at 31
March 2024
Unrestricted
General
72,158
80,406
(74,967)
77,597
Sinking fund for building repairs
5.435
5,435
Total fund5
17 Related party transactions
During the year the charity made the following related paty transactions:
Chadwick Holdings Limited
(Chadwick Holdings Limited owns the building the Church operntes in. to which the TTUSt¢e Mr M W Douglas is
a director.)
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Clevedon Family Church
Notes to the Financial Statements for the YeAr Ended 31 March 2024 {continued)
There is no rent charge payable for the year ended 31 March 2024.
Donations of £2,550 were received from Chadwick Holdings Limited.
. At the balance sheet date the amount due tolfrom Chadwick Holdings Limited was £Nil (2023 - £Nil).
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Clevedon Family Chureh
l Non4tatutory disclosure
A further analysis of the total resources expended in the year is shown below.
Clevedon
Family
Church
Youth
Groups
Sumrner
Camp
Pastoral
Care
Total
Direct Costs
Costs of goods sold
Direct charitable
activities
Employment costs
Subscriptions and
Donations
8,089
2.956
11.141
13.619
13,619
3,923
3.923
Sundry and other
costs
2,479
2.479
Advertsing and
promotion
Depreciation
tangible fixed assets
1,125
1,125
of
1,145
1,145
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30J79 Cle6￿6￿ Family Church
96
33,431
Support Costs
Establishment costs
Repairs &
Maintenance
18.824
18,824
Office expenses
Subscriptions
memberships
Sundry and other costs
Cleaning
Independent
Examinerfs fees
11,825
11.825
and
1,907
1,907
1,197
1,197
790
790
Legal & professional
fees
3.629
3,629
Depreciation
tangible fixed assets
1.798
1,798
876
876
690
690
The notes on pages 8
to 20 forni an integral
41,536
41,536
part of these financial statements.
Page 23