STOCKPORT CENTRE CHURCH
360 Life Church
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CHARITY NUMBER 1051794

STOCKPORT CENTRE CHURCH- CHARITY NUMBER 1051794
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Contents
Pages
Legal and administrative infom)ation
Trustees, report
2to4
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
8t0 13

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
LEGAL & ADMINISTRATIVE INFORMATION
Trustees (also known as the Church Council)
Hayley Wall
Susannah Smith
Viktorija Faigt
Stephen Cole
Elisabeth English
Christine Stanford
David Leslie
Chair
Treasurer (Appointed 215t July 2023)
Treasuier (Resigned 21" July 2023)
Holding Trustees
Stephen Cole, Hayley Wall, Kevin Todhunter
Principal Office
Cale Green Life Centre
71 Adswood Road
Cale Green
Stockport
Cheshire
SK3 8HR
Reporting Accountants
Scott Roberts Taylor & Co
Central Buildings
5 - 7 Corporation Street
Hyde
Cheshire
SK14 IAG
Bankers
The Cooperative Bank, Stockport
I St Peter's Square
Stockport
Cheshire
SKI INX
Website
https.'113601ife.church
Page J

STOCKPORT CENTRE CHURCH- CHARITY NUMBER 1051794
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
l. Report of the trustees for the year ended 31 March 2024.
The Trustees present their report, along with the Financial Statement of the charity for the year ended 31 March 2024.
The financial statement has been prepared on the basis of the accounting policies set out in the accompanying notes.
The financial statements comply with the charity's constitution, applicable law, and the requirements of the Statement
of Recommended Practice (SORP).
Constitution and Objectives
360Life Church (Stockport Centre Church) is an unincorporated registered charity, number 1051794, constituted
under the Assemblies of God GB model constitution deed dated 2 April 2006.
The main objects of th¢ charity are the advancement of the Christian faith, the relief of sickne55 and financial
hardship, and the advancement of education.
Organisation and Strueture
The church is led by a leadership team. who appoint deacons and other leaders.
The management of the church is vested in the Church Council. The Church Council members are the charity trustees.
Appointment as a charity trustee is therefore automatic upon appointment to a position in the Church Council.
The Church Council comprises of no fewer than three members and is constituted from the Leadership and Diaconate
of the church.
The officers of the Church are the chairman (who shall be the Lead Pastor, or in the absence of a Pastor, a Tnember of
tlie leadership team. as appointed by the Church Council), the Secretary and the Treasurer. The Church Council
appoints the Secretary and Treasurer.
Decisions in the Church Council are made by simple majority open vote. In the event of a tie, the chairman has a
casttng vote.
For the purpose of holding the land and building assets of the church. the Church Council will appoint no fewer than 3
church members to be Holding Trustees. The Holding Trustee5 act on the directions of the Church Council.
Grant Making Policy
The church aims to donate at least IO•/o of its unrestricted income to other charitable organisations.
2. Financial Review and Investment Policy
There are no restriction5 on the charity's powers to invest. The investment strategy is Set by the Church Council and
take5 account of the current demand for funds. The Church Council irnplements a low-risk Strategy.
Reserves Policy
It is the policy of the charity to retain unrestricted funds at a level which equates to approximately 3 months,
committed expenditure together with 6 months. mortgage repayments. This provides sufficient funds to cover
outgoings including staff salaries and committed regular grants. The remainder of the reserve is expended on the
objectives of the charity.
Page 2

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
TRUSTEES, REPORT CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Risk Management
Insurance needs are reviewed on a regular basis and advice is sought to ensure adequate insurance cover is in place at
all times.
The church's Health and Safety policy is reviewed regularly to bring it in line with current church activities and with
best practice. The policy statements cover inter alia, safety responsibilities. safety infonnation and training, risk
assessments, fire precautions, first aid, safeguarding the welfare of children and young people, and competency and
training of workers and accident reporting procedures. Church members as a whole (as opposed to just church
employeeslworkers) are included within the scope of the policy to promote the principle that health and safety is
everyone's responsibility. Safety audits are carried out to ensure compliance.
In order to safeguard the welfare of children, young people and vulnerable adults, the church operdtes a Safeguarding
policy. The church's Safeguarding policy is reviewed periodically to maintain it in line with current church activities
and with best safe working practice. All children's/youth workers are carefully selected and Screened and have an
enhanced Disclosure and Barring Service (DBS) disclosure check or its equivalent. Others who have access to
children, such as church trustees and other leaders are also carefully screened, including an enhanced DBS disclosure
check or its equivalent. Checks are repeated every three years. Children's workers are trained in safe practice and
work within approved guidelines. Safeguarding awareness training is arranged as required.
Th¢ system of Internal Financial Control is designed to provide reasonable assurance against material misstatement or
loss of funds. They include..
Annual budget approved by the church council, which is regularly reviewed against actual perfonnance.
Annual consideration of financial results by the trustees and presentation of annual reports to the church
meTnbership at the AGM.
Delegation of authority and segregation of duties.
Annual Independent review of financial records.
3. Financial Results and Activities
Income for the year was £113,322 (2022123: £118,483). This included £16,473 in Gift Aid r¢¢¢ipts and £1,678 from
grants recorded on a receivable rather than r¢c¢ived b351S.
Expenditure was £126,527 (2022123: £113,788).
During the year, the church awarded grants and benevolent gifts totaling £1 0,105 (2022123.. £9.360) to charitable
organisations and missions, both in the UK and overseas. There was a distribution of £948 in special offering5 Wlth
respect to the Morocco and Libya appeal. The church also made financial gifts to various individuals in need, using
restricted ￿rtdS held for this purpose in the church's Love Fund £608 (2022123 £68).
The sum of £60,051 (2022123: £52.372) after reallocation of administratton costs wa5 paid to ernployees including
trustees in respect of administrative. ministy and pastoral services rendered to the church, including salaries where
applicable.
Building
The building purchase was funded from special offerings, interest-free loans provided by church rnember5, Utilisation
of the charity's reserves and a £1 00.000 mortgage obtained from Kingdom Bank. The outstanding balance on the
mortgage, as at March 2024, is £66.393.
Funds
Current assets stood at £142,268 at 31 March 2024 (31 March 2023: £144.089), including reserves and restricted
funds.
Page 3

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
TRUSTEES) REPORT CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
4. Volunteers & Donors
Many of our donors give via online bank transfers and standing orders. The church is very appreciative of the
financial support and the generous donations made by members.
Throughout the year, church members have also given voluntary service towards achieving the objectives of the
charity. The charity is grateful for the sacrificial contribution of time and effort from every volunteer.
S. Statement of Trustees. Responsibilities
Charity law requires the trustees to prepare financial statements for each financial year that give a true and fair view of
the state of the financial affairs of the charity during the year and its financial position at the end of the year.
In preparing those financial statement5, the trustees are required to:
Select suitable accounting policies and then apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards and the Statement of Recommended Practice have been
followed, subject to any departures disclosed and explained in the Financial Statement.
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping accounting record5, which disclose with reasonable accuracy at any time the
financial position of the charity and enable them to ensure that the Financial Statement complies with the Charities
Act. 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.
On behalf of the Trustees.
Hayley Wall
Trustee
Date..
Page 4

STOCKPORT CEIYTRE CHURCH - CHARITY NUMBER 1051794
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
Report to the trustees of Stockport Centre Church (Charity no. 1051794) on the accounts for the year ended 3151 March
2024, which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not
required thi5 year under section 144 of the CharitÉes Act 2011 (the Charities Act) and that an independent examination
is needed.
It is our responsibility to..
Examine the accounts under section 145 of the Charities Act.
To follow the procedures laid down in the general directions given by the Charity Commission (under section
145 (5) (b) of the Charities Act).. and
To state whether particular matters have come to our attention.
Basis of Independent Examiner's Statement
Our examination was Carried out in accordance with the general direction given by the Charity Commission. An
examination includes a Teview of the accounting records kept by the charity and a comparison of the accounts presented
with those records. It a150 includes consideration of any unusual items or disclosures in the accounts and seeking
explanations from the trustees concerning any such matters. 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 true and
fair view, and the report is limited to those rnatter5 set out in the statement below.
Independent Examiner's statement
In connection with our examination. no matter has come to our attention:
(l) Which gives us reasonable cause to believe that in any material respect the requirements: _
to keep accounting records in accordance with section 130 of the Charities Act.. and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act have not been met: or
(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the
account5 to be reached.
Scott Roberts Taylor & Co
Accountants & Registered Auditors
Central Buildings
sn Corporation Street
Hyde
Cheshire SK14 IAG
£oig
Date:
Page 5

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
R￿trIcted General
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Notes
Income Resources
Donations
Eamed income
Holiday funds incom¢
Interest received
Grant income
Wann Space income
Outreach Fund income
Love Fund
Who Let the Dads Out
Miscellaneous income
106,337
2,682
106.337
2,682
815
1,075
180
1,498
109,113
1,528
100
90
1,356
1,490
2,000
2,720
815
1,075
180
1,000
400
498
400
335
335
86
Outgoing Resources
Church salaries, pensions & NIC
Donations
Administrative expenses
Repairs & Maintenance
Catering
Toddlers & Bits and Bots
Children & Youth
Safeguarding
Social events
Visiting speakers
Worship group
Love fund disbursement
Holiday funds distribution
Small groups
Special offerings distribution
New community outreach
Mortgage interest
Pastoral Costs
Leadership costs
Training and development
Who let th¢ dads out
Distributions
Mission costs
Special Events
Loss on Disposal
Depreciation
io
60,051
4,995
13,160
6,478
927
296
1,145
92
280
2,083
60,051
4,995
13,160
6,478
927
296
1,145
92
280
2,083
52,372
3,125
11,987
1,888
946
278
561
234
189
1.715
103
68
608
1,038
608
12
3,186
1,223
4.374
2.374
1,203
320
247
1,658
9,360
461
248
948
1,625
5,312
613
1,610
183
948
1,625
5,312
613
1,610
183
452
1,824
9,105
452
786
9,105
123 643
126 527
113788
Net incoming resources
(13,214)
(13,205)
4,695
Transfer between funds
Net movement in funds
Total funds brought forward
Total funds carried forward
89
98
11.048
89
(13,303) (13,205)
417486
428 534
4,695
423 839
Page 6

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
BALANCE SHEET
ON 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
346,475
360,986
CURRENT ASSETS
Debtors
Cash at bank and in hand
17,358
124 910
142,268
18.149
125 940
144,089
CREDITORS: amounts
falling due within one year
NET CURRENT ASSETS
135 247
137 799
TOTAL ASSETS LESS
CURRENT LIABILITIES
481,722
498,695
CREDITORS: amounts
falling due after more than
one year
FUNDS OF THE CHARITY
Restricted Income Fund
12
11,146
11,048
Designated Fund
276.999
290,735
General Fund
127 184
126751
404 183
417486
Signed on behalf of all the Trustees on Zlg 1 . 25
by:
MJJ GJ
Trustee- Hayley Wall
Trust¢¢- Susie Smith
Charity No." 1051794
The notes on pages 8 to 13form part ofik¢sefinancial stalemenls
Page 7

STOCKPORT CENTRE CHURCH- CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STA TEMENT OF ACCOUNTING POLICIES
These accounts have been prepared under the histOTlC Cost convention with items recognised at cost or
transaction value unless otherwise stated in the relevant note(s) to the accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice- 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 on 16 July 2014 and with the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charitie5
Act2011
The charity constitutes a public benefit entity as defined by FRS 102.
Irrecoverable VAT is charged to the SOFA as incurred.
INCOMING RESOURCES
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the
amount can b¢ quantified with reasonable accuracy.
No amounts are included in the financial statements for services and time donafrd by volunteer5.
EXPENDITURE
All expenditure is accounted for an accrual basis and has been included under headings that aggregate all costs
relating to the same category. When costs cannot be directly attributed to particular headings, they have been
allocated to activities on basis consistent with use of resources. Support costs include allocation of the
administrator's salary cost relating to directly supporting the objects of the Charity.
FUNDS OF THE CHARITY
General funds are unrestricted funds which are available for use at the discretion of the tTUStees in further and
of the general objective5 of the charity, which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by th¢ trustees for particular purposes
and also may include funds not really available for immediate use.
Restricted funds are to be used in accordance with specific restrlctions imposed by donor5, or which have been
raised for particular purposes.
Page 8

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TANGIBLE ASSETS
Tangible fixed assets costing more than £100 are capitalised and included on fixed assets at cost.
Depreciation is PTovided on all tangible assets.
Depreciation is at rates calculated to write off the cost on a straight-line basis over their expected useful
economic life.
Depreciation charges commence in the year following the year of "Asset Purchase" or "brought into Use" at
the following rates: _
Short tenn and lease
Building
Fixtures and fittings
Equipment
Computer Equipment
Motor vehicles
over life of lease
over 50 years
over 10 years
over 5-10 years
over 3 years
ov¢r 4 year5
Expenditure on computer software is written off as incurred.
TANGIBLE FIXED ASSETS
Computer
Equipment
Fixtures
Fittings &
Equipment
Total
Land & Building5
Cost:
At l April 2023
Additions
Disposal
At 31 March 2024
438,008
18,592
24,011
319
480,611
319
Depreciation:
At l April 2023
Charge for Year
Elimination on disposal
At 31 March 2024
87,601
8,760
13,434
5,040
18,680
940
119,715
14,740
Net book value:
At 31 March 2023
At 31 March 2024
Page 9

STOCKPORT CENTRE CHURCH- CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
DEBTORS
2024
2023
Prepayments & Accrued Income
Other Debtors
993
679
CASH AT BANK AND IN HAND
2024
2023
Cash at bank
124910
125 940
CREDITORS: amounts falling due within one year
2024
2023
Mortgage
PAYEINIC
Pension
Accruals and deferred income
3,082
757
61
3.082
499
369
CREDITORS: amounts falling due after one year
2024
2023
Mortgage
DONATIONS & LEGACIES
2024
2023
G¢n¢ral offering
Special offering
Payroll giving
Community Buildings Gift Aid
Gift Aid
89,864
87,753
2.390
1.500
430
1,064
EARNED INCOME
2024
2023
Fundraising schemes
Social events
Bibs and bots income
Toddlers, income
1,676
187
30
322
989
88
918
Page 10

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ANALYSIS OF OUTGOIIYG RESOURCES
Restricted General
Funds
Funds
Total
Fund5
2024
Total
Funds
2023
Donations:
AOG contribution
Mission giving
Love Gift
Total
3,731
1,264
3,731
1,264
2.928
180
17
Administrative Expenses:
Insurance
Utilities
Communications
Mileage & travel claims
Administrator reallocation
Accountancy
Website & computer costs
Equipment
Cleaning
Printing, postage & stationery
Legal & professional fees
Subscriptions
Total
1,653
3,467
226
1,653
3,467
226
1,242
3,294
180
405
1,805
1,450
1,851
26
362
212
26
1,872
1,320
1,468
119
1.694
332
50
959
1,872
1,320
1,468
119
1,694
332
50
959
Details of certain items of Expenditure:
2024
2023
Trustees Expense5
Number of trust¢es who were paid expenses
Fees for examination ofaudit
Independent examiners fees
Page IJ

STOCKPORT CENTRE CHURCH- CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
io.
PAID EMPLOYEES
2024
2023
Staff Costs
Gross wages, salaries and benefits in kind
Employers National Insurance costs
Pension Costs
Total
57,792
50,530
Average number of
Employees in the year
2024
2023
The parts of the charity in which the
employees work
Church
Total
Defined Contribution Pension Scheme
2024
2023
The costs of the scheme to the charity for the year
The amount of any contributions outstanding at the year-end
The amount of any contribution prepaid at the yeai-end
4.239
61
3.870
339
ii.
FUNDS OF THE CHARITY
At l April
2023
Surplusl
Transferred At 31 March
(Deficit) Between Funds
2024
Restrieted Income Fund
11,048
89
11,146
General & Designated Fund
417486
89
404 183
Page 12

STOCKPORT CENTRE CHURCH - CHARITY NUMBER 1051794
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12.
RESTRICTED FUND
2024
2023
Love Fund
Sabbatical Fund
WLTDO
GM Wellbeing
Wann spaces
Travel Reserve
3,435
7,500
211
3.643
6,250
134
(51)
858
214
Total
Page J3