REGISTERED CHARITY NUMBER: 1044104 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2024 for Theu er Room Christian Fellowshi Middleton Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 OBX
Theu er Room Christian Fellowshi Middleton Contents of the Financial Statements for the Year Ended 31 October 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements Detailed Statement of Financial Activities 12
Theu er Room Christian Fellowshi Middleton Re ort of the Trustees for the Year Ended 31 October 2024 The trustees present their report with the financial statements of the charity for the year ended 31 October 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The charity's objects align with advancing the Christian faith, supporting lives and building people up by proclaiming the full doctrine, beliefs and practices of Christianity. Public benefit The board of trustees is satisfied wrth the performance of the charity during the year and in planning the activities the trustees have had regard to the Charity Commission's guidance on public benefit. Page 1
Theu er Room Christian Fellowshi Middleton Re ort of the Trustees for the Year Ended 31 October 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities In support of the objectives, the main activities and services of the church for public benefit are entred around the areas of.. Meetings A schedule of meetings are held weekly, both during the daytime and evenings to., serve peoples, needs, build up peoples, lives, impart biblical truths, provide ministry and promote prayer, healing, deliverance and build the community and advance our aims. Meetings included., leadership meetings, healing prayer clinic, bible study, deliverance and inlercessional prayer meetings, and men's breakfast meetings that support men from a wide network of groups and churches. Meetings were attended by members of the fellowship, public visitors and visiting guest speakers. Many meetings are published on social media platforms to make them easily accessible outside of meetings for the benefit of non-attendees and the wider public. Community support and provision The church has continued to support the development and restoration of the local community, holding strong links into the local area of Middleton through the provision of support groups and activities as well as offering opportunities to pray for personal needs, encouragement and healing. Attendance Church numbers remain strong, and we continue to see the growth of families attending the fellowship from different nations and countries. The fellowship has an established and wide multi-national make-up. New members are introduced and encouraged to grow and progress in their faith. Growth and development The fellowship has continued to deepen its understanding of the Christian faith, the place and purpose of the church in lives and the community. The leadership continues to encourage the fellowship members to grow through training, prayer, personal study and devotions. New members and visitors are encouraged to develop their faith and they are encouraged to participate at all levels of fellowship life and activity. Intemational support We continue to provide financial and prayer support to a variety of other organisations and individuals, internationally. The weekly updating of the church's social media platforms has enabled the continued encouragement of our international partnerships. FINANCIAL REVIEW Financial position The charity raises the vast majority of the general funds it needs to carry on its activities from within its own church congregation. Given the current economic conditions and demographic of the local area, we are encouraged by the generosity of our congregation. However, this year our income has dropped by 250/0 from the previous year and so the charity has had to rely on its reserves to meet continuing costs. Going foward, we will be reviewing our costs and exploring options to raise funds to support the charity's activities and objectives. Page 2
Theu er Room Christian Fellowshi Middleton Re ort of the Trustees for the Year Ended 31 October 2024 FINANCIAL REVIEW Reserves policy The trustees aim to hold unrestricted reserves, as a minimum, equivalent to three month's regular expenditure, i.e. £19,000. As at 31 October 2024, the charity comfortably met this target. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust initially adopted in Dember 1994 and constitutes an unincorporated charity. Organisational structure The Trustees comprise of two members of the church {Eldersl and one external member. The Elders of the church (including the Senior Leader) are responsible for the spiritual affairs of the Church. Elders are presently appointed from amongst the members of the church, by church votelnomination. The Elders of the church are not remuneraled and do not hold any of the assets of the church. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1044104 Principal address 20-22 Middleton Gardens Middleton Manchester M24 4DF Trustees R Morley Rev R C Towle B Mudzingwa Independent Examiner Daniel Sam Limited Chartered Accountants 61 Plodder Lane Famworth Bolton BL4 OBX Approved by order of the board of trustees on behalf by.. 0710412025 and signed on its R Morley - Trustee Page 3
Inde endent Examiner's Re ort to the Trustees of Theu er Room Christian Fellowshi Middleton Independent examiner's report to the trustees of The Upper Room Christian Fellowship (Middleton) I report to the charity trustees on my examination of the accounts of The Upper Room Christian Fellowship (Middleton) (the Trust) for the year ended 31 October 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 {'the Art'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)(bl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were nol kept in respect of Ihe Trust as required by Section 130 of the Act, or the accounts do not accord with those records., or the accounls do not comply with the applicable requirements concerning 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 true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Gracian Daniel-sam ACA Daniel Sam Limited Chartered Accountants 61 Plodder Lane Famworth Bolton BL4 OBX Date.. 1410412025 Page 4
Theu er Room Christian Fellowshi Middleton Statement of Financial Activities for the Year Ended 31 October 2024 31.10.24 Total funds 31.10.23 Total funds Unrestricted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 61,723 61,723 82,611 EXPENDITURE ON Charitable activities Ministry Mission Administration 70,059 5,551 930 70,059 5,551 930 71,167 7,123 505 Total 76,540 76,540 78,795 NET INCOMEIIEXPENDITURE) (14,8171 (14,817) 3,816 RECONCILIATION OF FUNDS Total funds brought fotward 81,065 81,065 77,249 TOTAL FUNDS CARRIED FORWARD 66,248 66,248 81,065 The notes form part of these financial statements Page 5
Theu er Room Christian Fellowshi Middleton Balance Sheet 31 October 2024 31.10.24 Total funds 31.10.23 Total funds Unrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 2,868 2,868 1,793 CURRENT ASSETS Debtors Cash at bank and in hand 3,479 61,779 3,479 61,779 3,486 79,684 65,258 65,258 83,170 CREDITORS Amounts falling due within one year {1,878) 11,878) {3,898) NET CURRENT ASSETS 63,380 63,380 79,272 TOTAL ASSETS LESS CURRENT LIABILITIES 66,248 66,248 81,065 NET ASSETS 66,248 66,248 81,065 FUNDS Unrestricted funds 66,248 81,065 TOTAL FUNDS 66,248 81,065 The financial statements were approved by the Board of Trustees and authorised for issue on .Q71Q412Q25........................... and were signed on its behalf by.. Richard Morley (Apr7. 2r)25 12'.42 GMT+II R Morley - Trustee B Mudzingwa - Trustee The notes form part of these financial statements Page 6
Theu er Room Christian Fellowshi Middleton Notes to the Financial Statements for the Year Ended 31 October 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Furniture and equipment 200/0 on cost Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a slraight line basis over the period of Ihe lease. Page 7 continued..
Theu er Room Christian Fellowshi Middleton Notes to the Financial Statements - continued for the Year Ended 31 October 2024 ACCOUNTING POLICIES - continued Pension Costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable lo the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. STAFF COSTS The average monthly number of employees during the year was as follows.. 31.10.24 31.10.23 Ministry Support No employees received emolumenls in excess of £60,000. INDEPENDENT EXAMINER'S REMUNERATION The amount payable to the Independent Examiner for carrying out the final preparation and independent examination of these accounts is £360 (2023.. £360). Page 8 continued..
Theu er Room Christian Fellowshi Middleton Notes to the Financial Statements - continued for the Year Ended 31 October 2024 TANGIBLE FIXED ASSETS Furniture and equipment COST At 1 November 2023 Additions 17,156 1,777 At 31 October 2024 18,933 DEPRECIATION At 1 November 2023 Charge for year 15,363 702 At 31 October 2024 16,065 NET BOOK VALUE At 31 October 2024 2,868 At 31 October 2023 1,793 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.24 31.10.23 Prepayments and accrued income 3,479 3,486 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.24 31.10.23 Taxation and social security Other creditors 442 1,436 710 3,188 1,878 3,898 Page 9 continued..
Theu er Room Christian Fellowshi Middleton Notes to the Financial Statements - continued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS Net movement in funds At 1.11.23 At 31.10.24 Unrestricted funds General fund 81,065 114,817) 66,248 TOTAL FUNDS 81,065 114,817) 66,248 Nel movement in funds, included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 61,723 176,540} 114,817) TOTAL FUNDS 61,723 176,540) 114,817) Comparatives for movement in funds Net movement in funds At 1.11.22 At 31.10.23 Unrestricted funds General fund 77,249 3,816 81,065 TOTAL FUNDS 77,249 3,816 81,065 Comparative net movement in funds, included in the above are as follows.. Incoming Resour$ Movement resources expended in funds Unrestricted funds General fund 82,611 178,795) 3,816 TOTAL FUNDS 82,611 178,795) 3,816 Page 10 continued..
Theu er Room Christian Fellowshi Middleton Notes to the Financial Statements - continued for the Year Ended 31 October 2024 RELATED PARTY DISCLOSURES Mr David Morley (father of trustee Richard Morley} received gross wages of £35,833 during the year12023: £40,000) and employer pension contributions of £5,601 (2023: £1,013} in his role as minister of the church. There were no other related party transactions for the year ended 31 October 2024. Page11
Theu er Room Christian Fellowshi Middleton Detailed Statement of Financial Activities for the Year Ended 31 October 2024 31.10.24 31.10.23 INCOME AND ENDOWMENTS Donations and legacies Offerings and tithes Gift aid 54,839 6,884 71,268 11,343 61,723 82,611 Total incoming resources 61,723 82,611 EXPENDITURE Charitable activities Wages Social security Pensions Rent Rates and water Insurance Light and heat Telephone Sundries Gifts to other missions Other gifts Subscriptions Repairs and maintenance Coffee shop costs Depreciation of tangible fixed assets 37,273 259 5,601 18,000 886 380 3,242 1,013 1,133 2,508 1,400 682 888 1,643 702 41,484 1,013 18,000 581 124 3,759 944 635 3,807 2,076 421 815 1,239 3,392 75,610 78,290 Support costs Governance costs Accountancy and legal fees 930 505 Total resources expended 76,540 78,795 Net lexpenditure)lincome (14,8171 3,816 This page does not form part of the statutory financial statements Page 12