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← Christian Life Fellowship

2024-12-31-accounts

Charity number: 1051796

CHRISTIAN LIFE FELLOWSHIP

TRUSTEES' REPORT & UNAUDITED ACCOUNTS

For the year ended

31[st] DECEMBER 2024

Christian Life Fellowship Contents

Pages
Trustees' Annual Repor
t		 2 to 12
Independent Examiner's Repor
t		 13
Statement of Financial Activitie
s		 14
Balance Shee
t		 15
Notes to the Account
s		 16 to 25

Page 1

Christian Life Fellowship Trustees Annual Report

Charity Name: Christan Life Fellowship
Charity Number: 1051796
Church Name: PCF Church(Poynton Christan Fellowship), Poynton, Cheshire
Charity Web Site: www.pcfpoynton.com
Financial year
commencing:
Financial year
ending:		 1stJanuary 2024
31stDecember 2024
Address: 307 Park Lane
Poynton, Stockport, Cheshire
SK12 1RJ
Charity Trustees: Wayne Wilson (Chairman)
Simon Frank (Secretary)
Andrew Allan (Treasurer)
Debbie Longden
Richard Sheldon
Helen Jackson-Roberts
Dr Maggie Cliford
Church Council: The Charity Trustees, Staf Ministers and Senior Leadership Team
Property Holding
Trustees:		 Assemblies of God Property Trust
Accountant: Spencer Accountng Services
65 Arnfeld Road, Withington
Manchester
M20 4AG
Bankers: Barclays Bank
Kingdom Bank
Hampshire Bank
Green Pastures CBS
Redwood Bank
Solicitors: Geldards LLP (formerly Robinsons),
3 Mundy, HEANOR, Derbyshire, DE7 7EB

Page 2

Christian Life Fellowship Trustees Annual Report

The Trustees present their annual report together with the financial statements for the twelve months ending 31st December 2024. The Trustees who served during the Year and up to the date of this report are set out on page 2.

The Charity carries out its activities under the banner of PCF Church (Poynton Christian Fellowship).

STRUCTURE, GOVERNANCE AND MANAGEMENT

PCF Church is an unincorporated Charitable Trust established by a deed dated 20 October 1993. A revised constitution, adopted on 12 April 2007, remains the current governing document.

The Church Council

The Church Council is the senior decision-making body of PCF Church. It comprises Ministers, Senior Leaders, and Charity Trustees. An Annual General Meeting of church members is held to receive reports and accounts.

Leadership Team

The church is led by Senior Pastor Wayne Wilson, together with his Associate Pastor and wife, Clare Wilson. They are supported by:

Recruitment and Appointment of Trustees

Trustees are appointed by the existing board in accordance with the Constitution. Consideration is given to church members who attend regularly, demonstrate spiritual maturity, bring relevant Team ’ ethos. skills, and are committed to the ‘

New Trustees serve a minimum one-year probationary period, allowing time to assess their suitability and contribution. The Senior Pastor annually reviews with each Trustee their continued service.

Connected Organisations

While autonomous, PCF Church is part of the Assemblies of God (AoG) movement, which provides doctrinal oversight, leadership accreditation, and national affiliation.

We are also active members of Churches Together in Poynton and the Evangelical Alliance.

Risk Management

Trustees actively assess the major risks facing the charity and implement procedures to mitigate them. Church policies are reviewed regularly to ensure alignment with current Charity Commission and Government guidance.

Page 3

Christian Life Fellowship Trustees Annual Report

Donations Policy

We aim to support trustworthy charitable organisations with similar values. We give preference to charities we know personally and who demonstrate effective use of funds with minimal administrative deductions.

OBJECTIVES AND ACTIVITIES OF THE CHARITY

The objects of the Charity are set out in the 2007 Constitution, which adopted the Model Deed for local Assemblies of God Churches. It states that:

The objectives of the Church are for the benefit of the public:

Our core mission is to express a Pentecostal Christian faith that makes a meaningful difference in our community. We strive to multiply in all aspects of Christian faith as our people connect with one another, with the local community and with God, and as we grow in God, and show our faith in practical and spiritual ways.

Our premises serve both as a place of worship and as a welcoming community facility for Poynton and surrounding areas.

The Trustees are mindful of the Charity Commission’s guidance on advancing religion for public benefit.

Page 4

Christian Life Fellowship Trustees Annual Report

PUBLIC BENEFIT

As a church, we conduct a wide range of activities in pursuance of our charitable aims. We feel these activities provide benefit both to those who worship with us and to the wider community.

AS A CHURCH, WE OFFER:

Bible Teaching and Exposition

Bible teaching is a fundamental of the Christian faith and is especially important to us and forms one of the spiritual pillars of our church. Most of our services incorporate bible teaching in some form including teaching for the wider church, appropriate teaching for children and fun interactive bible studies for young adults.

Worship and Prayer

Worship and prayer form the second spiritual pillar of our church life. Vibrant, contemporary worship is a key part of all our Sunday services, incorporating music and prayer that engage people of all ages.

In addition to our Sunday gatherings, members of the congregation meet at various times and locations throughout the week to pray—both for the needs of our local community and for one another within the church family.

Special Events

We offer a wide range of services and events that are both spiritually enriching and meaningful to our congregation and wider community. These include our regular Sunday morning services, prayer gatherings, and dedicated music and worship nights.

No Christian calendar would be complete without our special services for Easter and Christmas— significant times of celebration, reflection, and outreach for our church family and community.

Baptism and Baby Dedication

These services are always well attended by family and friends, as we joyfully celebrate key moments in the spiritual journey of our church members. Baptism marks a public declaration of faith and obedience to biblical teaching, while baby dedications offer a meaningful opportunity for parents to seek God's blessing on their children and to commit to raising them with wisdom and faith.

Weddings

Weddings are a vital part of community life, and our church venue and facilities are well used for these joyful occasions. To support couples preparing for marriage, we offer marriage preparation courses designed to equip them with a strong foundation for a lifelong, Christ-centred relationship. These sessions provide practical tools and biblical insights to help couples thrive in their journey together.

Page 5

Christian Life Fellowship Trustees Annual Report

Online Services

All our main services are streamed online, providing a vital connection point for those unable to attend in person. Our online presence enables us to reach and engage with individuals who are isolated, unwell, vulnerable, or lonely—ensuring they remain part of the church family and can continue to grow in faith and community from wherever they are.

TO THE WIDER COMMUNITY, WE OFFER:

Funeral Services

We support our community by providing full Christian funeral services, either at the church or other appropriate venues. These services are available to our members, their immediate families, and members of the wider community who are known to us.

Pastoral Care

Our Pastoral Team provides vital support to church members in times of need, offering home and hospital visits where appropriate. Connect Group Leaders play a key role in pastoral care, overseeing their small groups and encouraging members to care for one another—especially the sick, housebound, and isolated.

Children

Our regular Sunday children’s ministry, Lions (ages 4–10), creates a fun, faith-filled environment for our younger generation. We also host a variety of family-focused services and events, such as birthday parties, Easter and Christmas celebrations, and our annual Light Party , which offers a positive alternative to Halloween.

For children under 4, our crèche facility also runs Little Feet —a warm, welcoming space for babies, toddlers, and their parents to connect and thrive.

Young Adults

We run a diverse programme of events for young people, including midweek gatherings, youth clubs, camps, Bible studies, and a dedicated youth conference. These initiatives aim to equip young adults with life principles rooted in faith. Increasingly, many of our young people are becoming active volunteers, serving both in the church and the wider community.

Ladies Groups

Our women’s ministry supports connection and encouragement through both in-person and online gatherings. These include small group meetings, Zoom sessions, and informal meetups in local cafés. A key focus is reaching out to and supporting isolated women in our community.

Men Gatherings

Our men’s groups also meet both online and in person, providing opportunities for friendship, faith-building, and community engagement. Activities include walks, breakfasts, and social meetups—such as watching sporting events together.

Page 6

Christian Life Fellowship Trustees Annual Report

Building Facilities

Our church facilities continue to serve the wider community, welcoming a range of groups and activities throughout the week. Health, dance, and fitness classes for all ages make regular use of our space, promoting wellbeing and social connection.

Training & Education

We offer accessible courses for both our congregation and the public on important topics including Mental Health Awareness, First Aid, Safeguarding, Bereavement, and Food Hygiene. Many of these courses are now offered online, increasing accessibility and impact across the community.

INFLUENCING OUR COMMUNITIES FOR GOOD:

Foodbanks

Alongside directly helping individuals and families in need, we continue to partner with local food banks and trusted charities. Through practical and financial support, we help ensure families facing emergencies and food insecurity—especially children—receive timely assistance. Our ongoing partnerships have enabled us to extend consistent care to those most vulnerable in our local area.

Community Engagement

We actively encourage our members to serve the wider community by participating in local projects and civic responsibilities, including roles in local councils. Many of our members support and volunteer with charities that provide vital services such as community transport, orphan care, child sponsorship in developing nations, and delivering groceries to isolated elderly neighbours. These acts of service reflect our core values and help foster a stronger, more compassionate community.

High School Support

Our Youth Leaders work in collaboration with other local churches to support area high schools. This includes offering pastoral care to students facing challenges, running youth development courses, and contributing to curriculum areas such as the Life and Beyond programme. This engagement brings faith-based support and practical life guidance to the next generation.

Support for Older Adults

We care deeply about our older generation. Through small groups, regular fellowship, and home visits, we provide social and spiritual support to seniors—especially those who are isolated. In times of loss, we also offer bereavement care packs and compassionate follow-up to help individuals navigate grief with dignity and hope.

Page 7

Christian Life Fellowship Trustees Annual Report

ACHIEVEMENT AND PERFORMANCE

The Trustees are delighted to report on many positive outcomes for PCF church during the period under review.

WITHIN OUR LOCAL COMMUNITY:

Online Church Services

As part of our commitment to accessibility and inclusion, we continue to livestream all our main services. These broadcasts are especially valuable for those unable to attend in person due to health challenges, distance, or other personal circumstances.

In addition to our regular Sunday services, we also offer livestreaming for special events such as weddings and funerals. This enables extended family, friends, and those who are isolated or vulnerable to feel connected and supported, even from afar.

Our online presence remains a vital tool in fostering community, care, and spiritual engagement beyond the physical walls of the church.

Pastoral Care & Community Response Team

To ensure consistent care and meaningful connection within our church family, all members are part of Connect Groups, each led by a dedicated Connect Group Leader. These leaders are central to our pastoral care efforts—providing spiritual encouragement, coordinating practical help, and ensuring that those who are unwell, isolated, or facing challenges receive timely and appropriate support. This includes home and hospital visits, prayer ministry, and food deliveries.

Our Community Response Team works in close partnership with Connect Group Leaders to respond quickly and compassionately to any arising needs—expressing the love of Christ through tangible acts of service, kindness, and presence.

Of particular significance this year was the compassionate outreach extended to prisoners across the country. Regular prison visits, care packages, and handwritten letters have provided encouragement and a reminder of God's grace to those seeking to rebuild their lives.

Handforth Missional Church Plant

In May 2023, PCF Church expanded its mission by launching a missional church plant in the Handforth area—a community that includes pockets of significant deprivation where many families are facing hardship.

This year, we expanded our strategy for reaching the Handforth area through three core areas of ministry:

  1. Community Partnerships

We continue to collaborate with local churches and organisations to meet practical needs with compassion. A key partner in this mission is Hope Central , a trusted local charity that provides vital support services such as foodbanks, debt counselling, addiction recovery, and job-seeking assistance.

Page 8

Christian Life Fellowship Trustees Annual Report

Our church congregations regularly collect food and essential supplies for Hope Central , and many of our members volunteer their time and skills to support its operations.

  1. Sunday Evening Gatherings

We host informal gatherings on Sunday evenings in the heart of the Handforth community. These times of worship singing, and sharing stories create space for genuine relationshipbuilding and spiritual connection with local residents.

  1. Summer Sports Academy

During the summer holidays, we ran a Sports Academy which welcomed 50 young people from the local area. Through games, activities, food, and positive supervision, we provided a safe and enjoyable environment while establishing meaningful bridges into the community.

Hockley Centre Facilities

The Hockley Centre continues to serve as a vibrant hub for our community, with a wide variety of dance, exercise, and fitness-based small businesses making use of our facilities each week. On average, over 500 people pass through our doors weekly to participate in these activities.

Poynton Arts Festival

The Hockley Centre provided a venue at no cost to several local artists. By providing the venue, arranging the booking system, PA & lighting equipment, with a complimentary café, we were able to support these artists, and provide a loving and safe environment for the Arts Festival and local community.

Youth Events

Our youth team has remained active and committed to supporting young people in our community through a variety of initiatives. Partnering with other local churches, we hosted youth conferences, away weekends, and community outreach activities designed to build faith, friendship, and resilience in the lives of young people.

Easter Family Fun Day

During the Easter break, we hosted a vibrant Family Fun Day which drew record numbers from the community. Families enjoyed a wide range of activities including Easter egg hunts, games, stories, and delicious food. The event provided a joyful atmosphere and a wonderful opportunity to build new relationships and strengthen existing ones.

Poynton Youth Outreach Week

In partnership with the other local churches, Youth Leaders from three different churches partnered with The Message School of Evangelism (MSE) Students connecting with local young people on the streets over the summer holidays through detached youth work. There was volleyball, football & cricket, PLUS our “LET’S TALK TENT” where young people were able to explore faith and interact with trained youth workers.

Page 9

Christian Life Fellowship Trustees Annual Report

Christmas Panto – ‘ Scrooge-ish ’

PCF Church’s star-studded cast returned to the stage with another festive feast for the senses! ‘ Scrooge-ish ’ was a joyful, laughter-filled production brimming with music, drama, and fun for all ages.

Due to overwhelming demand, we ran two back-to-back performances—remarkably, over 50% of attendees came from the local community, making this not just a church event but a truly community-wide celebration. The panto continues to be a creative and engaging way to share the message of Christmas while bringing people together.

SIGNIFICANT DONATIONS - WITHIN OUR WIDER COMMUNITY:

In addition to supporting our church members and their families when required, our policy is to form partnerships with other local and international organisations where we can make a difference.

As a church we supported both local communities and wider UK-based charities, partnering with them to help achieve their important goals.

Our donations assist Hope Central, a trusted local charity providing vital services such as foodbanks, debt counselling, addiction recovery, and job-seeking support.

We support this local organisation in its mission to bring freedom to survivors of exploitation and to combat modern slavery and human trafficking.

• Christian Concern A UK-based evangelical advocacy organisation dedicated to promoting and protecting Christian values in public life. Their mission is to bring the love, justice, truth, freedom, and hope of Jesus Christ to the heart of society.

SIGNIFICANT DONATIONS - OVERSEAS COMMUNITY:

Our heart for mission extends beyond our local context. As part of our commitment to global compassion, we partner with trusted organisations where our giving can make a tangible difference. Our support spans humanitarian relief, spiritual outreach, and care for vulnerable communities.

We have supported AoG Missions , where missionaries serve in challenging and dangerous areas, providing love and practical and spiritual help to families in desperate need.

We also contribute to international ministries that impact the world through biblical training and guidance, such as Dr John Andrew’s ministry and GenZeal under the leadership of Josh Green.

FINANCIAL

Our regular monthly income has remained stable and consistent throughout the review period. We are deeply thankful for the faithfulness, reliability, and generous financial support of our members.

Page 10

Christian Life Fellowship Trustees Annual Report

The Trustees extend their sincere gratitude to the Treasury Team for their dedicated and above-andbeyond efforts in supporting the Church Charity, with special thanks to the late Pauline Hague, Mike Hughes, and Andrew Allan (Charity Treasurer).

FUTURE PLANS

The Church Charity seeks to continue to develop our work in the life of our church and the wider community, and to that end, we are looking at the structures and staffing needed to achieve this. Looking to the future, we need to provide facilities for the new church plant in Handforth and its associated community projects.

We continue to expand our reach and impact lives for the good, as we pursue our charitable objectives.

FINANCIAL REVIEW

Funding sources & donations

The vast bulk of our income continues to be the "giving" by our members for which we are grateful. We also have some hire income from the Hockley Centre, and the rental income from the flats at 311 Park Lane.

Reserves Policy

As stated in our Accounts, any surplus we make goes to help us to build and maintain a sensible level of reserves, as per the Charity Commission guidelines for the "prudent charity". Thereafter funds are being held for planned expenditure, church multiplication and ongoing essential maintenance with the possibility of new premises at some stage.

Our current building has served us well, but the main building is now over 170 years old, so we seek to maintain a balance between keeping our premises in good order while looking also to the future.

Investments

Our four-part investment strategy continues to be:

Page 11

Christian Life Fellowship Trustees Annual Report

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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 Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. 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 irregularities.

The trustees have assessed the charity's ability to continue as a going concern and are satisfied that there are no material uncertainties that would cast doubt on the charity's ability to continue operating for at least the next twelve months from the date of these accounts. The accounts are prepared on the assumption that the charity will continue in operation.

; ; oz o7 Signed on behalf of the charity's trustees . . . . . . . . . . /. . . . . . . . . . / 2025 Signed on behalf of the charity's trustees ........../....2...../2025

. . . . . . . . . . . . . . . . . . . . . . . . . . . .

S S Frank Frank (Secretary) (Secretary)

Page 12

Christian Life Fellowship Independent Examiners Report

Independent Examiner's Report to the trustees of Christian Life Fellowship

I report to the trustees on my examination of the financial statements of Christian Life Fellowship for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of MAAT.

I have completed my examination. I can 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:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Michael Spencer MAAT Spencer Accounting Services 65 Arnfield Road

Withington Manchester M20 4AG

Page 13

Christian Life Fellowship Statement of Financial Activities

for the year ended 31 December 2024

Note
s
Income and endowments
from
:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
Tota
l
Expenditure on
:
Raising funds
8
Charitable activities
9
Other
1
0
Tota
l
Net gains on investment
s
Net income/(expenditure)
1
1
Transfers between fund
s
Net income/(expenditure)
before other gains/(losses
)
Other gains and losse
s
Gains on revaluation of
fixed asset
s
Net movement in fund
s
Reconciliation of funds
:
Total funds brought forwar
d
Total funds carried forwar
d		 Unrestricted
fund
s
202
4
£
303,06
2
-
26,18
1
27,96
6
38
3
357,59
2
5,07
1
281,91
6
6,86
7
293,85
4
131,72
7
195,46
5
-
195,46
5
81,44
3
276,90
8
1,315,27
7
1,592,18
5		 Unrestricted
fund
s
202
4
£
303,06
2
-
26,18
1
27,96
6
38
3
357,59
2
5,07
1
281,91
6
6,86
7
293,85
4
131,72
7
195,46
5
-
195,46
5
81,44
3
276,90
8
1,315,27
7
1,592,18
5		 Restricted
fund
s
Total fund
s
Total fund
s		 Restricted
fund
s
Total fund
s
Total fund
s		 Restricted
fund
s
Total fund
s
Total fund
s
202
4		 202
4		 202
4		 2023
£ £ £ £
303,06
2		 2,34
3		 305,40
4		 248,69
7
- - - 1,98
9
26,18
1		 - 26,18
1		 -
27,96
6		 - 27,96
6		 48,01
5
38
3		 - 38
3		 45
0
357,59
2		 2,34
3		 359,93
4		 299,15
1
5,07
1		 - 5,07
1		 11,74
0
281,91
6		 2,39
3		 284,30
8		 290,090
6,86
7		 - 6,86
7		 7,96
4
293,85
4		 2,39
3		 296,24
6		 309,79
4
131,72
7		 - 131,72
7		 -
195,46
5		 (50
)		 195,41
5		 (10,643
)
- - - -
195,46
5		 (50
)		 195,41
5		 (10,643
)
81,44
3		 - 81,44
3		 -
276,90
8		 (50
)		 276,85
8		 (10,643
)
1,315,27
7		 5
0		 1,315,32
7		 1,325,97
0
1,592,18
5		 - 1,592,18
5		 1,315,32
7

Page 14

Christian Life Fellowship Balance Sheet

at 31 December 2024

at 31 December 2024
Charity No. 1051796 2024 2023
£ £
Fixed assets
Tangible assets 14 749,370 669,798
Investments 15 410,000 278,273
1,159,37
0		 948,07
1
Current assets
Debtors 16 2,612 1,924
Cash at bank and in hand 434,113 371,580
436,72
5		 373,50
4
Creditors:Amount falling due within one year 17 (3,912) (6,248)
Net current assets 432,81
3		 367,25
6
Total assets less current liabilities 1,592,183 1,315,327
Net assets excluding pension asset or liability 1,592,18
3		 1,315,32
7
Total net assets 1,592,18
3		 1,315,32
7
The funds of the charity
Restricted funds 18
Restricted income funds - 50
- 5
0
Unrestricted funds 18
General funds 1,375,478 1,180,013
1,375,47
8		 1,180,01
3
Reserves 18
Revaluation reserve 216,707 135,264
216,70
7		 135,26
4
Total funds 1,592,18
3		 1,315,32
7

Approved by the trustees on 30 June 2025

And And signed on their behalf by: signed on their behalf by: WL. W.L. Wilson vad! Mibu Trustee Trustee 7 July 2025 7 July 2025

Page 15

Christian Life Fellowship

Notes to the Accounts

for the year ended 31 December 2024

Basis of preparation

The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

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 accounting

Income

Page 16

Christian Life Fellowship Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with 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 activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

useful life
:
2% Straight line over 50
Freehold propert
y		 years (unless revalued in the
year
)
Equipmen
t		 30% Reducing balanc
e
Fixtures & fitting
s		 20% Reducing balanc
e
The Hockley Centre (307-309 Park Lane, Poynton) was revalued on 20th August 2024 by
Impey & Company Limited.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised 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 discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 17

Christian Life Fellowship Notes to the Accounts

Cash and cash equivalents

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 within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown 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 provisions 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 reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities 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.

Transactions 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 taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy 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 straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity 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 charity in independently administered funds.

Page 18

Christian Life Fellowship

Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Unrestricted
funds
2023
£
Income and endowments from
:
Donations and legacies
248,647
Charitable activities
1,989
Investments
48,015
Other
450
Total
299,10
1
Expenditure on
:
Raising funds
11,740
Charitable activities
289,850
Other
7,964
Total
309,55
4
Net income
(10,453
)
Net income before other
gains/(losses)
(10,453
)
Other gains and losses:
Net movement in funds
(10,453
)
Reconciliation of funds:
Total funds brought forward
1,325,730
Total funds carried forward
1,315,27
7
3
Income from donations and legacies
Unrestricted
Restricted
£
£
303,06
2
2,343
303,06
2
2,34
3
4
Income from charitable activities		 Restricted
funds
Total funds
2023
2023
£
£
50
248,69
7
-
1,98
9
-
48,01
5
-
450
5
0
299,15
1
-
11,74
0
240
290,090
-
7,964
24
0
309,79
4
(190
)
(10,643
)
(190
)
(10,643
)
(190
)
(10,643
)
240
1,325,970
5
0
1,315,32
7
Total
Total
2024
2023
£
£
305,404
248,697
305,40
4
248,69
7
Total
Total
2024
2023
£
£
-
1,989
-
1,98
9		 Restricted
funds
Total funds
2023
2023
£
£
50
248,69
7
-
1,98
9
-
48,01
5
-
450
5
0
299,15
1
-
11,74
0
240
290,090
-
7,964
24
0
309,79
4
(190
)
(10,643
)
(190
)
(10,643
)
(190
)
(10,643
)
240
1,325,970
5
0
1,315,32
7
Total
Total
2024
2023
£
£
305,404
248,697
305,40
4
248,69
7
Total
Total
2024
2023
£
£
-
1,989
-
1,98
9
Total
2023
£
248,697
248,69
7
Total
2023
£
1,989
1,98
9

Page 19

Christian Life Fellowship

Notes to the Accounts

Unrestricted
£
Hall Hire
26,181
26,18
1
6
Income from investments
Unrestricted
£
UK Investment Properties
16,240
Bank Interest Receivable
11,726
Hall Hire
-
27,96
6
7
Other income
Unrestricted
£
383
38
3
8
Expenditure on raising funds
Unrestricted
£
Costs of generating voluntary
incom
e
-
Investment management
cost
s
UK Investment Properties
5,071
5,07
1		 Unrestricted
£
Hall Hire
26,181
26,18
1
6
Income from investments
Unrestricted
£
UK Investment Properties
16,240
Bank Interest Receivable
11,726
Hall Hire
-
27,96
6
7
Other income
Unrestricted
£
383
38
3
8
Expenditure on raising funds
Unrestricted
£
Costs of generating voluntary
incom
e
-
Investment management
cost
s
UK Investment Properties
5,071
5,07
1		 Total
2024
£
26,181
26,18
1
Total
2024
£
16,240
11,726
-
27,96
6
Total
2024
£
383
38
3		 Total
2023
£
-
-
Total
2023
£
13,88
5
9,27
0
24,860
48,01
5
Total
2023
£
450
45
0
Total
2024
£
-
5,071
5,07
1		 Total
2023
£
4,077
7,663
11,74
0

Page 20

Christian Life Fellowship

Notes to the Accounts

9 Expenditure on charitable activities

9 Expenditure on charitable activities
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Expenditure on charitable
activitie
s
280,206 2,393 282,598 288,465
Governance cost
s
1,710 - 1,710 1,625
281,91
6		 2,39
3		 284,30
8		 290,09
0
10 Other expenditure
Unrestricted Total Total
2024 2023
£ £ £
Office Expenses 6,867 6,867 7,964
6,86
7		 6,86
7		 7,96
4
11 Net income/(expenditure) before transfers
2024 2023
This is stated after charging: £ £
Independent Examiner's fee 1,260 1,200
Other fees paid to the auditor or 450 -
independent examiner
12 Trustee remuneration and expenses
One or more of the trustees has been paid remuneration in the current or prior periods.
Other
Trustee Remuneration Pension benefits
A.D. Allan - 11,561 -
W.L. Wilson 52,080 2,981 -
One or more of the trustees has been paid expenses in the current or prior periods.
2024 2023
Number Number
Number of trustees paid expenses 1 -
The nature of the reimbursed expenses A.D. Allan was paid for consultancy services to the church
(including pastoral support and general management)
£ £
Total expenses reimbursed to trustees 4,970 -

Page 21

Christian Life Fellowship Notes to the Accounts

13 Staff costs

No employee received emoluments in excess of £60,000.

The average monthly number of full time equivalent employees during the year was as follows:

during the year was as follows:
2024
Number
5
5		 2023
Number
8
8

The church runs an autoenrolment pension scheme with NEST for current employees and pays into a private pension for two employees.

14 Tangible fixed assets

Tangible fixed assets
Cost or revaluation
At 1 January 2024
Additions
Revaluation
At 31 December 2024
Depreciation and
impairment
At 1 January 2024
Depreciation charge for the
year
Revaluation
At 31 December 2024
Net book values
At 31 December 2024
At 31 December 2023		 Land and
building
s
£
715,523
-
9,477
725,00
0
71,967
-
(71,967)
-
725,00
0
643,55
6		 Equipmen
t		 Fixtures &
fittings
£
83,123
-
-
83,12
3
62,121
4,201
-
66,32
2
16,80
1
21,00
2		 Total
£
821,245
5,575
9,477
£
22,599
5,575
-
28,17
4
17,361
3,244
-
20,60
5
7,56
9
5,23
8
836,29
7
151,449
7,445
(71,967)
86,92
7
749,37
0
669,79
6

Page 22

Christian Life Fellowship Notes to the Accounts

15 Investments

Freehold
Investment
Property
Total
£
£
Cost or revaluatio
n
At 1 January 202
4
278,273
278,273
Revaluatio
n
131,727
131,727
At 31 December 202
4
410,00
0
410,00
0
Net book values
At 31 December 2024
410,00
0
410,00
0
At 31 December 2023
278,27
3
278,27
3
Freehold Investment Propert
y
The freehold investment property was acquired on 31 March 2006. The property was revalued on 23
May 2024 by Jigsaw Surveyors Limited.
16 Debtors
2024
2023
£
£
Prepayments and accrued income
2,612
1,924
2,61
2
1,92
4
17 Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
434
1,680
Trade creditors
-
45
2
Accrual
s
3,47
8
4,116
3,91
2
6,24
8		 Freehold
Investment
Property
Total
£
£
Cost or revaluatio
n
At 1 January 202
4
278,273
278,273
Revaluatio
n
131,727
131,727
At 31 December 202
4
410,00
0
410,00
0
Net book values
At 31 December 2024
410,00
0
410,00
0
At 31 December 2023
278,27
3
278,27
3
Freehold Investment Propert
y
The freehold investment property was acquired on 31 March 2006. The property was revalued on 23
May 2024 by Jigsaw Surveyors Limited.
16 Debtors
2024
2023
£
£
Prepayments and accrued income
2,612
1,924
2,61
2
1,92
4
17 Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
434
1,680
Trade creditors
-
45
2
Accrual
s
3,47
8
4,116
3,91
2
6,24
8		 Freehold
Investment
Property
£
278,273
131,727
410,00
0
410,00
0
278,27
3		 Total
£
278,273
131,727
410,00
0
410,00
0
278,27
3
2024
£
2,612
2,61
2
2024
£
434
-		 2023
£
1,924
1,92
4
2023
£
1,680
45
2
3,47
8		 4,116
3,91
2		 6,24
8

Page 23

Christian Life Fellowship Notes to the Accounts

18 Movement in funds

At 1 January
2024
Incoming
resources
(including
other
gains/losses
)
Resources
expended
At 31
December
2024
£
£
£
Restricted funds:
Restricted income funds:
Mission
-
10
0
(100)
-
Church Plant
-
1,12
1
(1,121)
-
Special Events
-
1,12
2
(1,122)
-
Youth Work
5
0
-
(50)
-
Tota
l
5
0
2,34
3
(2,393
)
-
Unrestricted funds:
General fund
s
1,180,01
3
489,31
9
(293,854)
1,375,47
8
Revaluation Reserves
:
Revaluation fun
d
135,26
4
81,44
3
216,707
Total revaluation reserves
135,26
4
81,44
3
216,70
7
Total funds
1,315,32
7
573,10
4
(296,246
)
1,592,18
5
Purposes and restrictions in relation to the funds:
Revaluation reserves
Represent the amount by which investments exceed their historical cost
.		 At 1 January
2024
Incoming
resources
(including
other
gains/losses
)
Resources
expended
At 31
December
2024
£
£
£
Restricted funds:
Restricted income funds:
Mission
-
10
0
(100)
-
Church Plant
-
1,12
1
(1,121)
-
Special Events
-
1,12
2
(1,122)
-
Youth Work
5
0
-
(50)
-
Tota
l
5
0
2,34
3
(2,393
)
-
Unrestricted funds:
General fund
s
1,180,01
3
489,31
9
(293,854)
1,375,47
8
Revaluation Reserves
:
Revaluation fun
d
135,26
4
81,44
3
216,707
Total revaluation reserves
135,26
4
81,44
3
216,70
7
Total funds
1,315,32
7
573,10
4
(296,246
)
1,592,18
5
Purposes and restrictions in relation to the funds:
Revaluation reserves
Represent the amount by which investments exceed their historical cost
.		 At 1 January
2024
Incoming
resources
(including
other
gains/losses
)
Resources
expended
At 31
December
2024
£
£
£
Restricted funds:
Restricted income funds:
Mission
-
10
0
(100)
-
Church Plant
-
1,12
1
(1,121)
-
Special Events
-
1,12
2
(1,122)
-
Youth Work
5
0
-
(50)
-
Tota
l
5
0
2,34
3
(2,393
)
-
Unrestricted funds:
General fund
s
1,180,01
3
489,31
9
(293,854)
1,375,47
8
Revaluation Reserves
:
Revaluation fun
d
135,26
4
81,44
3
216,707
Total revaluation reserves
135,26
4
81,44
3
216,70
7
Total funds
1,315,32
7
573,10
4
(296,246
)
1,592,18
5
Purposes and restrictions in relation to the funds:
Revaluation reserves
Represent the amount by which investments exceed their historical cost
.		 Resources
expended
At 31
December
2024
£
£
(100)
-
(1,121)
-
(1,122)
-
(50)
-
(2,393
)
-
(293,854)
1,375,47
8		 Resources
expended
At 31
December
2024
£
£
(100)
-
(1,121)
-
(1,122)
-
(50)
-
(2,393
)
-
(293,854)
1,375,47
8
216,707
216,70
7
Restricted funds
:		 Restricted funds
:		 Restricted funds
:
Missio
n		 Ministries, missionaries or mission generally
.
Church Plan
t
Special Event
s
Youth Wor
k		 Limitless Christian youth camp
.

19 Analysis of net assets between funds

Unrestricted
funds
Total
£
£
Fixed assets
749,370
749,37
0
Investment
s
410,00
0
410,000
Net current assets
432,813
432,813
1,592,18
3
1,592,18
3		 Unrestricted
funds
Total
£
£
Fixed assets
749,370
749,37
0
Investment
s
410,00
0
410,000
Net current assets
432,813
432,813
1,592,18
3
1,592,18
3		 Total
£
749,37
0
410,00
0		 410,000
432,813
432,813
1,592,18
3
1,592,18
3		 432,813

Page 24

Christian Life Fellowship Notes to the Accounts

20 Reconciliation of net debt

20 Reconciliation of net deb
t		 20 Reconciliation of net deb
t
At 1 January
2024
£
Cash and cash equivalent
s
371,58
0
371,58
0
Net debt
371,58
0
21 Related party disclosures
Transactions with related parties
Name of related party
Clare Wilson
Description of relationship
between the parties
Spouse of trustee
Description of transaction
and general amounts
involved
Salary
Amount due from/(to) the related part
y
Name of related party
Catriona Allan
Description of relationship
between the parties
Spouse of trustee
Description of transaction
and general amounts
involved
Pension Payments
Amount due from/(to) the related party		 Cash flows
At 31
December
202
4
£
£
371,58
0		 62,53
3		 434,11
3
371,58
0
371,58
0		 62,53
3
62,53
3		 434,11
3
434,11
3
2024
£
24,38
5
7,037		 2023
£
23,418
6,770

Page 25