## **Restore Church Boston**
**Charity No. 1052142**
**Trustees' Report and Unaudited Accounts**
**31 December 2024**
**Restore Church Boston Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7 to 15|
|Detailed Statement of Financial Activities|16 to 18|
Page 1
**Restore Church Boston Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1052142**
## **Principal Office**
Liquorpond Street Boston Lincolnshire PE21 8UJ
## **Trustees**
The following trustees served during the year:
M. Langley M. Mann
J.D. Monks
K.L. Slater
## **Accountants**
Kime Consultancy Limited Office F5 - Workspace Kirton Business Park Willington Road, Kirton Lincolnshire PE20 1NN
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document is to provide accommodation and support to the homeless and vulnerable and a place of worship
The charity meets its objectives via the following activities:
- to provide a place of worship
- provide accommodation and support to the homeless and vulnerable
- to go out into the community to provide food and affordable groceries
- support various overseas projects
## **ACHIEVEMENTS AND PERFORMANCE**
This has been an exciting year for Restore Church, a thriving multicultural church community in the heart of Lincolnshire. As we continue to work out the Charities mandate in alignment with our vision to facilitate restoration spiritually, physically and mentally. The Church has continued to thrive and grow as we receive new families and individuals weekly. Consequently, we now looking to provide 2 Sunday morning services and midweek provision of discipleship and support for all ages to accommodate this and further growth.
Restore Church continues to be an integral part of the community serving the homeless and most vulnerable through a variety of programmes such as Restore Kitchen providing free nightly hot meals. During 2024 over 9,100 meals were distributed by 20 volunteers. Restore Pantry closed it's doors in November 2024 after running it's course and serving it's purpose since it started during lockdown.
Page 2
**Restore Church Boston**
**Trustees Annual Report**
Restore Homes - During 2024 Restore Homes residents continued to move on from our accommodation into accommodation of their own longer term supported accommodation and independent accommodation. The average length of stay for these residents continued to be around 15 months. Restore Homes continued to take in new residents who were welcomed into Restore Homes accommodation. Restore Homes employed 2 new support workers to increase the level of support offered to residents.
During 2024 Restore Homes continued to fulfil a service agreement with Boston Borough council to provide emergency accommodation for rough sleepers in partnership with BBC rough sleepers team.
‘The Drop’ in provides a warm space twice a week, with free refreshments for the local community to build friendships, connections and receive support or signposting.
The charity continues with its obligations of proclaiming the Gospel and loving people not only in our local town but also aboard as we support our growing Network of Restore Churches, currently 13 churches in Kisumu and Kitui Kenya. This includes supporting the building of classrooms and church buildings, supporting the ministry, providing training, community work and carrying out mission work.
## **FINANCIAL REVIEW**
A review of the charity's financial position at the year end shows a net deficit of £15,578 (2023 surplus £3,268). The total funds held at the year end was £96,960 (2023 £114,238). This deficit was mainly caused by issues with Boston Borough Council funding, which continue to cause problems in 2025.
Policy on reserves is that the charity will maintain 2 - 4 months reserves which the trustees deem sufficient to rehome the occupants of the charities properties should the need arise
The comparative figures have been restated due to a detailed reanalysis of costs during the year, but there was no overall effect on the surplus for the previous year.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity was created by trust deed dated 25 November 1993 as amended 9 April 2009 as amended 20 August 2014
New trustees are co-opted onto the board as the need arises, as deemed by the other trustees
## **Statement of trustees' responsibilities in relation to the financial statements**
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.
Signed on behalf of the charity's trustees
J.D. Monks Trustee 31 October 2025
Page 3
**Restore Church Boston Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Restore Church Boston**
I report to the trustees on my examination of the financial statements of Restore Church Boston 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 Association of Accounting Technicians.
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:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 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.
David Kime FMAAT Association of Accounting Technicians Kime Consultancy Limited Office F5 - Workspace Kirton Business Park Willington Road, Kirton Lincolnshire PE20 1NN 31 October 2025
Page 4
**Restore Church Boston Statement of Financial Activities**
## **for the year ended 31 December 2024**
|**Notes**
**Income and endowments from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Raising funds
8
Charitable activities
9
Other
10
**Total**
Net gains on investments
**Net (expenditure)/income**
11
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2024**|**2024**|**2024**|**2023**|
|||**£**|**£**|**£**|**£**|
|||||||
|||83,917|-|83,917|92,991|
|||100|255,629|255,729|239,521|
|||-|-|-|594|
|||132|219|351|259|
|||57,651|13,397|71,048|59,690|
|||141,800|269,245|411,045|393,055|
|||||||
|||-|-|-|974|
|||26,884|146,091|172,975|170,131|
|||133,239|120,409|253,648|218,683|
|||160,123|266,500|426,623|389,788|
|||-|-|-|-|
|||(18,323)|2,745|(15,578)|3,267|
|||(33,195)|33,195|-|-|
|||(51,518)|35,940|(15,578)|3,267|
|||||||
|||(51,518)|35,940|(15,578)|3,267|
|||||||
|||92,265|20,273|112,538|109,271|
|||40,747|56,213|96,960|112,538|
|||||||
|||||||
|||||||
Page 5
**Restore Church Boston Balance Sheet**
## **at 31 December 2024**
|**Charity No. 1052142**
**Fixed assets**
Tangible assets
14
Investments
15
**Current assets**
Debtors
16
Cash at bank and in hand
**Creditors:**Amount falling due within one year
17
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
19
Restricted income funds
**Unrestricted funds**
19
General funds
**Reserves**
19
**Total funds**|**2024**
**£**
9,031
45,000
54,031
13,103
32,946
46,049
(3,120)
42,929
96,960
96,960
96,960
56,213
56,213
40,747
40,747
96,960|**2023**
**£**
15,522
45,000|
|---|---|---|
|||60,522
13,067
58,062|
|||71,129
(19,113)|
|||52,016
112,538|
|||112,538|
|||112,538|
|||20,273|
|||20,273
92,265|
|||92,265|
|||112,538|
Approved by the trustees on 31 October 2025
And signed on their behalf by:
J.D. Monks Trustee 31 October 2025
Page 6
**Restore Church Boston Notes to the Accounts**
## **for the year ended 31 December 2024**
- 1 **Accounting policies**
## **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**
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is reported expenditure gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the the legacies SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the gift/donation to donations and gifts which it relates. Donated services and These are only included in income (with an equivalent amount in expenditure) where the facilities benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value at the revaluation of fixed end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
**Restore Church Boston Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot expenditure be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on raising These comprise the costs associated with attracting voluntary income, fundraising trading funds 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:
|Equipment|15% Straight Line|
|---|---|
|Motor vehicles|25% Straight Line|
|Fixtures, fittings and computer
equipment|10 - 25% Straight Line|
## **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.
## **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.
Page 8
**Restore Church Boston Notes to the Accounts**
## **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.
## **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.
Page 9
**Restore Church Boston**
## **Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Planned giving
Donations
Gift aid recovered
4
**Income from charitable activities**
Housing activities|**Unrestricted**
**£**
100
100|**Unrestricted**
**funds**
**2023**
**£**
92,992
-
200
157
50,822
144,171
-
48,219
117,716
165,935
(21,764)
4,838
(16,926)
(16,926)
109,192
92,266
**Unrestricted**
**£**
69,395
3,592
10,930
83,917
**Restricted**
**£**
255,629
255,629|**Restricted**
**funds**
**2023**
**£**
-
239,521
394
102
8,868
248,885
974
121,912
100,967
223,853
25,032
(4,838)
20,194
20,194
79
20,273
**Total**
**2024**
**£**
69,395
3,592
10,930
83,917
**Total**
**2024**
**£**
255,729
255,729|**Total funds**
**2023**
**£**
92,992
239,521
594
259
59,690|
|||||393,056
974
170,131
218,683|
|||||389,788|
|||||3,268
-|
|||||3,268|
|||||3,268
109,271|
|||||112,539|
|||||**Total**
**2023**
**£**
76,456
4,453
12,082|
|||||92,991|
|||||**Total**
**2023**
**£**
239,521|
|||||239,521|
Page 10
**Restore Church Boston Notes to the Accounts**
## 5 **Income from other trading activities**
|Hall and venue hire
Potato Pete
6
**Income from investments**
Bank interest
7
**Other income**
Grants
Sundry income
Pantry and van receipts
8
**Expenditure on raising funds**
_Fundraising trading costs_
Potato Pete
9
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Church activities
Housing activities
_Governance costs_|**Unrestricted**
**£**
132
132
**Unrestricted**
**£**
35,661
6,029
15,961
57,651|**Restricted**
**£**
219
219
**Restricted**
**£**
13,397
-
-
13,397|**Total**
**2024**
**£**
-
-
-
**Total**
**2024**
**£**
351
351
**Total**
**2024**
**£**
49,058
6,029
15,961
71,048|**Total**
**2023**
**£**
200
394|
|---|---|---|---|---|
|||||594|
|||||**Total**
**2023**
**£**
259|
|||||259|
|||||**Total**
**2023**
**£**
40,466
1,467
17,757|
|||||59,690|
||||||
||**Unrestricted**
**£**
26,884
-
26,884|**Restricted**
**£**
-
146,091
146,091|**Total**
**2024**
**£**
-
-
**Total**
**2024**
**£**
26,884
146,091
172,975|**Total**
**2023**
**£**
974|
|||||974|
|||||**Total**
**2023**
**£**
50,876
119,255|
|||||170,131|
Page 11
**Restore Church Boston Notes to the Accounts**
|10|**Other expenditure**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|**Total**|**Total**|
||||||**2024**|**2023**|
||||**£**|**£**|**£**|**£**|
||Employee costs|65,252||88,851|154,103|130,854|
||Motor and travel costs|11,786||81|11,867|14,386|
||Premises costs|23,354||15,437|38,791|37,252|
||Amortisation, depreciation,||||||
||impairment, profit/loss on|5,873||618|6,491|5,579|
||disposal of fixed assets||||||
||General administrative costs|20,925||11,168|32,093|24,272|
||Legal and professional costs|6,049||4,254|10,303|6,340|
|||133,239||120,409|253,648|218,683|
|11|**Net (expenditure)/income before transfers**||||||
|||||**2024**||**2023**|
||This is stated after charging:|||**£**||**£**|
||Depreciation of owned fixed assets|||5,692||5,219|
||Depreciation of assets held under finance|||799||799|
||leases and hire purchase contracts||||||
||Independent Examiner's fee|||49||864|
|12|**Trustee remuneration and expenses**||||||
|||||**2024**||**2023**|
|||||**Number**||**Number**|
||The nature of the reimbursed expenses|No expenses|were|paid to trustees for their role as trustees|||
|13|**Staff costs**||||||
|||||**2024**||**2023**|
||Salaries and wages|||141,678||125,847|
||Social security costs|||7,458||35|
||Pension costs|||3,503||2,779|
|||||152,639||128,661|
||No employee received emoluments in excess of £60,000.||||||
||No trustee received any income for their work as a trustee||||||
The average monthly number of full time equivalent employees during the year was as follows:
|Church
Homes
The charity operates a defined contribution pension scheme|**2024**
**Number**
3
8
11|**2023**
**Number**
3
6|
|---|---|---|
|||9|
||||
Page 12
**Restore Church Boston Notes to the Accounts**
## 14 **Tangible fixed assets**
|14 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost or revaluation**
At 1 January 2024
At 31 December 2024
**Depreciation and impairment**
At 1 January 2024
Depreciation charge for the year
At 31 December 2024
**Net book values**
At 31 December 2024
At 31 December 2023
**Net book values of assets held**
**under finance leases and hire**
**purchase contracts and**
**included above**
At 31 December 2024
At 31 December 2023
15 **Investments**
**Cost or revaluation**
At 1 January 2024
At 31 December 2024
**Net book values**
At 31 December 2024
At 31 December 2023
16 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income|**Equipment**|**Motor vehicles**|**Fixtures,**
**fittings and**
**computer**
**equipment**
**£**
8,785
8,785
5,377
1,628
7,005
1,780
3,408
532
1,332
**Other**
**investment**
**s - Unlisted**
**£**
45,000
45,000
45,000
45,000|**Total**
**£**
50,306|
||**£**
38,720
38,720
29,348
4,163
33,511
5,209
9,372
-
-|**£**
2,801
2,801
59
700
759
2,042
2,742
-
-
**2024**
**£**
10,954
1,087
1,062
13,103|||
|||||50,306|
|||||34,784
6,491|
|||||41,275|
|||||9,031|
|||||15,522|
|||||532|
|||||1,332|
|||||**Total**
**£**
45,000|
|||||45,000|
|||||45,000|
|||||45,000|
|||||**2023**
**£**
11,837
234
996|
|||||13,067|
Page 13
**Restore Church Boston Notes to the Accounts**
## 17 **Creditors:**
amounts falling due within one year
|**2024**
**£**
Obligations under finance lease and hire
purchase contracts
226
Trade creditors
2,268
Other creditors
626
Accruals
-
Deferred income
-
3,120
18 **Deferred Income**
Movement of the deferred income shown in_Creditors: amounts falling due within one year_
**2024**
**£**
At 1 January
11,799
Released in current year
(11,799)
Deferred in current year
-
At 31 December
-
19 **Movement in funds**
**At 1**
**January**
**2024**
**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**Resources**
**expended**
**Gross**
**transfers**
**£**
**£**
**£**
**Restricted funds:**
**Restricted income funds:**
Restore Homes restricted fund
20,273
269,245
(266,500)
33,195
_Total_
20,273
269,245
(266,500)
33,195
**Unrestricted funds:**
**General funds**
92,265
141,800
(160,123)
(33,195)
**Total funds**
112,538
411,045
(426,623)
-|**2024**
**£**
226
2,268
626|**2023**
**£**
1,456
3,664
1,376|
|---|---|---|
||-|818|
||-|11,799|
|||19,113|
|||**2023**
**£**
-
-
11,799|
|||11,799|
|||**At 31**
**December**
**2024**
**£**
56,213|
|||56,213|
|||40,747|
|||96,960|
Purposes and restrictions in relation to the funds: Restricted funds: Restore Homes restricted fund Provision of accommodation and support to the homeless and vulnerable
Page 14
**Restore Church Boston Notes to the Accounts**
## 20 **Analysis of net assets between funds**
|Fixed assets
Investments
Net current assets
21 **Reconciliation of net debt**
Cash and cash equivalents
Obligations under HP/Finance leases
Net debt|**Unrestricted**
**funds**
**£**
8,018|**Restricted**
**funds**
**£**
1,013|**Total**
**£**
9,031|
|---|---|---|---|
||45,000|-|45,000|
||10,730
63,748
**At 1 January**
**2024**
**£**|32,199
33,212
**Cash flows**
**£**|42,929|
||||96,960|
||||**At 31**
**December**
**2024**
**£**|
||58,062|(25,116)|32,946|
||58,062
(1,456)
(1,456)
56,606|(25,116)
1,230
1,230
(23,886)|32,946|
||||(226)|
||||(226)|
||||32,720|
|||||
|22 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2024**
**2024**
**Land and**
**buildings**
**Other**
**£**
**£**
Operating leases with expiry date:
**_Pension commitments_**
**2024**
**£**
The pension cost charge to the charity
amounted to:
3,503||**2023**
**Land and**
**buildings**
**£**|**2023**
**Other**
**£**
**2023**
**£**
2,779|
Page 15
**Restore Church Boston Detailed Statement of Financial Activities**
## **for the year ended 31 December 2024**
|**Income and endowments from:**
Donations and legacies
Planned giving
Donations
Gift aid recovered
Charitable activities
Housing activities
Other trading activities
Hall and venue hire
Potato Pete
Investments
Bank interest
Other
Grants
Sundry income
Pantry and van receipts
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
Potato Pete
**Total of expenditure on raising funds**
Charitable activities
Church activities
Housing activities
**Total of expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training|**Unrestricted**
**funds**
**2024**
**£**
69,395
3,592
10,930
83,917
100
100
-
-
-
132
132
35,661
6,029
15,961
57,651
141,800
-
-
-
26,884
-
26,884
26,884
59,019
4,253
1,716
264
65,252|**Restricted**
**funds**
**2024**
**£**
-
-
-
-
255,629
255,629
-
-
-
219
219
13,397
-
-
13,397
269,245
-
-
-
-
146,091
146,091
146,091
82,659
3,205
1,787
1,200
88,851|**Total funds**
**2024**
**£**
69,395
3,592
10,930
83,917
255,729
255,729
-
-
-
351
351
49,058
6,029
15,961
71,048
411,045
-
-
-
26,884
146,091
172,975
172,975
141,678
7,458
3,503
1,464
154,103|**Total funds**
**2023**
**£**
76,456
4,453
12,082|
|---|---|---|---|---|
|||||92,991|
|||||239,521|
|||||239,521|
|||||200
394|
|||||594|
|||||259|
|||||259|
|||||40,466
1,467
17,757|
|||||59,690|
|||||393,055
974|
|||||974|
|||||974
50,876
119,255|
|||||170,131|
|||||170,131
125,847
35
2,779
2,193|
|||||130,854|
Page 16
## **Restore Church Boston**
## **Detailed Statement of Financial Activities**
|Motor and travel costs
Vehicles - Fuel
Vehicles - Insurance and licences
Vehicles - Repairs and maintenance
Travel and subsistence
Premises costs
Rent
Rates
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Equipment
Depreciation of Motor vehicles
Depreciation of Fixtures, fittings and
computer equipment
Loss on disposal of tangible fixed
assets
Bad debts
Bank charges
Equipment repairs and maintenance
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Other legal and professional costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net (expenditure)/income**
Transfers between funds
**Net (expenditure)/income before**
**other gains/(losses)**|-
1,522
7,001
3,263
11,786
13,042
3,335
2,466
260
-
4,251
23,354
4,109
700
1,064
-
-
288
2,390
53
2,872
2,342
2,747
6,652
3,581
26,798
25
6,024
6,049
133,239
160,123
-
(18,323)
(33,195)
(51,518)|2
-
70
9
81
13,200
-
-
738
1,499
-
15,437
54
-
564
-
-
203
-
-
281
1,800
-
5,284
3,600
11,786
24
4,230
4,254
120,409
266,500
-
2,745
33,195
35,940|2
1,522
7,071
3,272
11,867
26,242
3,335
2,466
998
1,499
4,251
38,791
4,163
700
1,628
-
-
491
2,390
53
3,153
4,142
2,747
11,936
7,181
38,584
49
10,254
10,303
253,648
426,623
-
(15,578)
-
(15,578)|33
227
9,447
4,679|
|---|---|---|---|---|
|||||14,386|
|||||23,375
1,880
4,200
200
1,404
6,193|
|||||37,252|
|||||4,405
286
1,327
(439)
288
444
6,455
62
2,172
1,182
150
4,071
9,448|
|||||29,851|
|||||864
5,476|
|||||6,340|
||||||
|||||218,683|
|||||389,788
-|
|||||3,267
-|
|||||3,267|
Page 17
**Restore Church Boston Detailed Statement of Financial Activities**
|**Restore Church Boston**
**Detailed Statement of Financial Activities**|||||
|---|---|---|---|---|
|Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|-
(51,518)
92,265
40,747|-
35,940
20,273
56,213|-
(15,578)
112,538
96,960|-|
|||||3,267|
|||||109,271|
|||||112,538|
Page 18