CHIUST CHURCH LEAMINGTON REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (Charlty Reglstration Number 1040815)
CHRIST CHURCH LEA[GTON Contsnts Page Legal and Administrative Inforniation Annual Report Independent ExaMition Statement of Financial Activities 8-10 Balance Sheet 11 Not¢s to th¢ Accounts 12-16
CHRIST CHURCH LEAMtNGTON Igl and Administrative Information for the year ended 31 December 2024 Status Christ Church Leamington is registered with the Charity Commissioners (number 1040815). The Charity is governed by a Trust Deed dated 3 March 1994. Trustees Royston Young Neil Lee Paul Downes Prinelpal Addr£ss 2 Priory Terrnce L¢amington Spa Warwickshire CV31 IBA Website: www.¢hrASt¢hur¢lLorg.uk Independent Examiners TC Group Limited Nelson House 2 Hamilton T¢rrac¢ Leamington Spa Warwickshire CV32 4LY
CHRIST CHURCH LEAMllYGTON Annual Report for the year ended 31 December 2024 Strn¢tur4 Governance and Management Governing Dment Th¢ Charity is governed by a TTU8t Deed dated 3 MaT¢h 1994. Membersblp The Charity w¢lcomes all ChristiaDS to become members whos¢ lives demonstrate their mn)itment to furthering the work and spr¢&d of the gospel in Leamington Spi primarily through the local Church. Objeeltves and AetAvltles The primary objective of Christ Church is to furtber the Kingdom of God in l£amington Sp and beyond. Ths outwoth in two ways: The effective pastoral care and adMItratiOn of the local church and all that entails in¢luding Biblic preacbing and teachin& corporate worship, care of m¢mbers, ¢bildren's activitie4 etc. Th¢ Continuing mission towards the toivn of Leamington looknng to extend the Kingdom of God through the preacbing of the Gospel of J¢sus Cbrist both in word and d¢¢ Pub]ic Benefit Statement Cbrist Church Leamiwon firthered its clwitable obiectiv¢s for the public benefit in th¢ year by: Holding weekly public prayer and worship meetings with tb]ng$ b&8ed on tbe Bible. Ensuring that such meetings were fully aessIble to those with disabilities. Hosting multipl¢ 'Alpha' courses to help individua]s explore the Christian Faith. Continuing Genexis - an ¢nt¢rprAS¢ serving a large local and global audience exploring big questions in Faitty Science and Philosophy. Our output was two large free ev¢nts on¢ at Coventy Cathedral and the othff in London. OrgaDising fr¢¢ public 'Life Supper, events for individuals to learn about the Christian Faith. Providing cbildcatt facilities for those wisbing to attend worship with young famili¢8. Hosting weekly Tuesday mainly music sessions for par¢nts and ¢arers and their cbildr¢n under 5 y¢ars of age. Hosting weekly group aimed atproviding spiritual and prncticai support. stsrted new Thursday weekly mainly play sessioJLq for parents and carers and their children under 5 years of age. Started a youth (Refresh) for 11-14 year olds on Sunday evenings. Took two interns, one to be involved in music and worship and the other to Work with young people.
CHRIST CHURCH LEAMllYGTON Annual Report for the year ended 31 December 2024 Reerultment of Trustees New trnstees are appointed by the leaders of the church based on their character. experience. and suitability for trnsteeship of the church. There were no changes in trustees during the period. Reserves Poll¢y All of the funds of the Charity are Unrestricte and it manages its expenditure to make sure that it keeps sufficient funds to meet futur¢ needs. Revlew of the Perlod The building has continu¢d to b¢ used by outside organisations. Lwnington Vineyard Learning Centre (LVLC) continues their teaching centre using the top two floors for teaching Maths and English GCSE during terni time. There was a ladies, breakfast held at the building in the year and we continue with monthly ladies, film nights. We had a monthly prayer and worship session for students 20s to 308. There were four Life Supper outreacb evenings. We ran three Alpha courses and a Youth Alpha course for people to explore Christianity.
CHRIST CHURCH LEAMtNGTON Annual Report for the year ended 31 December 2024 Statement of Trustees, Responslbilltles The trustees ar¢ responsible for preparing the TnL8t¢¢s' Annual Report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practic¢). Th¢ law applicable to ¢hariti¢s iti England and Wales/Nortbern Ireland requires the trustees to prepare financial ststements for ¢ath fUnCIal year which give a true and fair view of the CharAty and of the incoming resources and application of resources of the Charity for that period. In preparing these fmancial statements. the TnteeS are required select suitable accounting policies and then apply them consistently* observe the methods and principl¢s in the charities SORP. make judgements and estimatss that are reasonable and pnthnt; state whether applicable accounting standards have been followe subject to any material departures disclosed and explained in the fllwicial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Cbarity will continue in operation. 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 Financial Statements comply with the Clwities Act 2011, th¢ Charity (A¢Tr)unts and Reports) Regulations 2008 and the provisions of the Trnst Deed. They are responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trnstees intend to ask the existing aCvntants to undertake the independent examination of the Charlty in the following year. Th¢ trust¢¢s are responsible for the maintenance and integrity of the Charity and financial infomrdtion inGlud¢d on th¢ Charity's w¢bsit¢. Legislation in the United Kingdom governing the preparation and dissemination of fittsncial statements may diff from the legislation in other jurisdiction8.
Independent Exanthier The trustees intend to ask the existing accountants to undertake the independent examination of the cIlty in the following year. Tne. Neil Lee
CHRIST CHURCH LEAMINGTON Annual Report for the year ended 31 December 2024 Independent ExAmlnerls Report to the Members of Cbrist Church Leamlngton I report on the accounts of the Charity for the year ended 31 December 2024 wbich are set out on pages 8 to 12. Respective Responslbilities of Trnstse8 and Examiner The Charity's tnteeS are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charitics Act 2011 (the Chariti¢$ Act) and that an ind¢p¢ndent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities ACL to follow the procedures laid down in the g¢neral Directions given by the Charity Conllnission (under section 145(5)0)) of the Charities Act), and to state whether particular matters have come to my attention. Basis of Independent Examinergs Statement My ¢xamination was carried out in accordaDC¢ with general Directions given by the Charity Conu))iOn. An emmination includes a review of the a¢¢ounting records kept by th¢ Charity and a comparison of the accounts presented with thos¢ records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such nutters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'lrue and fair view" and the report is limited to those matters set out in the statenient below. Independent Examlner's Statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to b¢li¢ve thaL in any material respecL the to keep accounting records in accordanc¢ with section 130 of the Charities Act 2011. and
to prw accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been mel or 2. to whicty in my Opinio attention should be drnwn in order to enable a proper understanding of the arKounts to be rhelL J A Davies (FCA) Date: LL)El2oZS On behalf of TC Group Limited Nelson House 2 Hamilton Ternce Leamington Spa Warwickshire CV32 4LY
CHRIST CHURCH LEAMtNGTON Statsment of Financial Activities for the year ended 31 December 2024 year ended Dec 2024 year ended Dec 2023 In¢omlng Resources Incoming resources from generated funds: Voluntary income: Offerings (see note 3) Activities for generating funds: Church week away Mainly music income Funeral services 265,725 309,452 22,910 1,966 450 27,978 3,572 445 Rental in¢om¢ Income from use of Computer System Total Incoming R&sources 291,051 341,447
CHRIST CHURCH LEAMINGTON Statement of Flnanclal Actfvldes for the year ended 31 December 2024 year ended Dec 2024 year eDded Dec 2023 Resources Expended Cost of generatlng funds: Leasehold rent Heat and ligbt Water Rates Storage 11,373 8,859 231 26.133 8,411 167 607 22,983 40,318 Charltable Acknities: Christmas Event Costs Advertising and pronwtion Depreciation Church week away Bank Charges Stationery and Tesourc¢8 Building utAlittes and conswnables Evangelism events Mainly Music Telephone and internet X21YouthlSunday School costs Alpha Course costs Web site costs Miscellaneous Expenses Genexis costs Leadersbip developm¢nt pro J Chur¢h accommodation cl)arge8 Life Supper/Ladics Breaast costs Marrlage Courses 30 Year Anniversary costs Pod¢ast Expenses 2,937 323 6,283 24,665 567 2.838 21,317 2?52 935 1,383 900 3,748 1,400 1,862 938 12,813 23,661 4,625 1,248 6.915 2,327 600 14,655 32,679 496 2,537 21,195 19,392 2,387 1,317 900 1,198 3.571 5,080 7,401 24,696 121,710 154,431 Governance eosts: Indep¢nd¢nt ¢xaminers fee and bookke¢ping 2,679 1,177 901 6,754 2,770 1,517 906 14,632 1,050 Subscriptions Legal f¢¢s Training Wages & NI 105,366 104,052 TOTAL RESOURCES EXPEIYDED 298 801
CHRIST CHURCH LEAMINGTON Statement of Financial Activities for the year ended 31 December 2024 continued year ended Dec 2024 year ended Dec 2023 TOTAL ll¥COMtNG RESOURCES 291,051 341,447 TOTAL RESOURCES EXPENDED 250 059 298 801 NET MOVEMENTS ll¥ FUNDS 40,992 42,646 FUNDS BROUGHT FORWARD 142 867 FUNDS CARRIED FORWARD 10
CHRIST CHURCH LEAMtNGTOI¥4 Balance Sheet for the year ended 31 December 2024 2024 2023 Fhed Assets Equipment (see note 4) 11,822 Leasehold improvements (see note 4) 14,753 14,776 18,082 26,575 32.858 Current Assets Currcnt accounts and Casb Debtors and Prepayments 167,552 4,306 118,559 4,407 171,858 122,966 Credttors: due wlthln one year Creditors and AccNals (14.574) (12,957) Net Current Assets 157.284 110,009 Total Net Assets 183,859 142.867 Represented By: General Fund Brougbt forward (Defi¢it)ISurplus for year 142,867 40 100,221 183,859 142,867 Trustee: Neil Lee Dat¢: 11
CHRIST CHURCH LEAMINGTON Iyotsj to the Aeeounts for the year eDded 31 December 2024 Basls of Preparation The natur¢ of the charity's operations and principal activities are shown on pages 2to5. The charity constitutes a public benefit entity as defined by FRS 102. The fmancial statements have been prepared in accordanc¢ with Accounting and Reporting by Clwities: Statement of Recommended Practice appli¢able to haTiti¢s pr¢paring their accounts in accordan¢¢ with the Financial Reportitig Standard applicable in the UK and R¢public of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin I published on 2 February 2016). the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Practice as it applies from I January 2015. The charity has applied Update Bulletin l as published on 2 February 2016 and does not include a casb flow statement on the grounds that it is applying FRS 102 Section IA. The financial statements have b¢¢n prepared to give a 'tru¢ and fair, view and have departed from the Clwities (Accounts and Reports) Regulations 2008 only to the extsnt required to provide a 'true and fair view,. This departure has involved following the Accounting and ReportAng by Charities: Statement of Recommended Practice applicable to clwities preparing their accounts in accordance with the Finati¢ial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) i&sued on 16 July 2014 rather than the Accounting and Reporting by Clwities: Statement of Recommended Practice eff¢ctive frorn I April 2005 which has since be¢n withdraw The fllwicial statements are prepared on a going conc¢m basis under the historical Cost convention, modified to include certain items at fair value. The financial stat¢m¢nts are presented in sterling which is the fimctional currency of the clwity. The significant accounting policies applied in the preparation of these fmancial statements are set out below. These policies bave been consistently applied to all years pr¢s¢nted unless otherwise state(L 12
CHRIST CHURCH LEAMINGTON li Notes to the Aeeounts for the year ended 31 December 2024 Accounting Pollcles Incomlng Resources Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when: the Charity becomes entitled to the resources" the Trnstees are virtually certain they will receive the resources" and the monetary value can b¢ measured with suffici¢nt reliability. 22 Grants and Donati(Ins Grants and donations are only included in the SOFA when the Charlty has wiconditional entitlement to the resources. Volunteer Help The value of any voluntary help received is not included in th¢ accounts but is described in the Trustees, annual reporL Investment Income This is included in the accounts wh¢n receivable. Inveslment Gains and Losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investinents to market value at the end of the year. Expenditure and Llabllltles Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation con)mitting th¢ Charity to pay out r¢sourG¢s. 2.7 Service Costs Includes costs of the preparation and examination of statutory accounts, the costs of Tnlstee meetings and the costs of any legal advice to Trustees on governance or constitutional matters. Grants Payabl¢ These are only recognised in the accounts wh¢n a conlmitment has been made and there are no conditions to be met relating to the grant wbicb remain in the control of the Clwity. 13
CHRIST CHURCH LEAMINGTON Notes to the Accounts for the Ye ended 31 December 2024 Assets Tangible Fixed Assets for use by Clwity These are capitalised rfthey can be used for more than two years. and cost at least £500. They are valued at cost or. rfgifte(L at the value to the Charity on receipt. 2.10 Investments Invcslrncnts quotcd on a recognised stock excI]ge att valued at markct vaIue at the year end. Other investment a&8ets are included at Tntees. best estimate of market value. 3. Offerings year ended Dee 2024 year ended Dec 2023 Leamington offerings Genexis Income Gift Aid tax refimd 218,771 500 46,454 255,184 8,300 45,968 265,725 309,452 14
CHRIST CHURCH LEAMllYGTON Notey to the Accounts for the year ended 31 Deeember 2024 4. Tgngible Ftsed Assets Leasehold Improvements Equlpment Cost At l January 2024 Additions Disposals 344,396 87,376 344,396 87,376 At 31 December 2024 Depreclatlon At l January 2024 326,314 72,600 Depreciation for the period 3.329 2,954 Depreciation eliminated on disposal At 31 December 2024 329,643 75,554 Net Book Value At 31 December 2024 14,753 11,822 At 31 December 2023 18,082 14,776 The ass¢ts were all used for the charitable purpose of the Cburch. 5. Trnstees No f¢ts or remuneration or expenses w¢r¢ paid to any of the trustees dwing this or the previous period. 15
CHRIST CHURCH LEAMllYGTON Notes to the Accounts for the year ended 31 December 2024 6. Employees Th¢ Chlty had 10 employees, and the employee Costs were as follows: year ended Dee 2024 year ended Dee 2023 Gross Pay Employers National Insurance Contributions Employers PeJ)sion Contributions Internship Costs 78,822 1,065 3,637 10.331 78,560 247 3,765 605 93,855 83,177 There were no employees who received Totsl Employee Benefits of more than £60,000. 7. Operatlng Lease Commltments The Clwity is committed to making operating l¢a8¢ ¢onmiitments of: year ended Dec 2024 year ended Dec 2023 Due over 5 yeaTS 5.000 8. Funds All of the funds of the Clwity unrestricted. 9. Taxatlon The church has been registered und¢r clmritable n¢S and ]w no liability to Corporation Tax. 10. Controlllng Party The controlling party of the Charity are the trusts¢s. 16