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2024-12-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examlner's Report Report to the trusteesl members of Charity Name COMMUNITY LIFE CHURCH On accounts for the year ended 31 DECEMBER 2024 Charity no (if any 1052553 Set out on pages AThACHED (remember to include the p8ge numbers of additional Sheets) I report to the trustees on my examination of the accounts of the above charity ("the Trust"> for the year ended 3111212024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Date: 3111012025 Signed: Name: [ p. Bradley, Bradleys Accountancy Practice MAAT. Relevant professional qualification(sl or body (if any): Address: First Floor Offices 84 -90 Market Street Hednesford, Staffordshire, WS12 1AG IER October 2021

-ction B Dlsclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2021

Community Life Church 2024 Year End Report SERIOUS INCIDENT DECLARATION We, the undersigned, declare on behalf of the Trustees and Leadership team of the Communlty Llfe Church Cannock, that there were no serious Incldents durlng the year 2024, whlch should have been reported to the Charity Commlsslon, but were not. Colln Ball lohn Tyrpll Senlor Leader and Treasurer Chalr of the Trustees

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2024 Year End Report

Contents

Serious Incident Declaration .............................................................. 1 1. Introduction ................................................................................. 4 2. Leadership Team .......................................................................... 4 3. Year End Summary ....................................................................... 5 3.1. Building Maintenance and Repair.......................................... 5 3.2. Policies and Codes of Practices............................................. 5 4. 2024 Financial Report .................................................................... 6 4.1. Conclusions ....................................................................... 6 4.2. Summary .......................................................................... 6 4.3. Account Balances ............................................................... 7 4.4. Assets & Liabilities ............................................................. 7 4.5. Income ............................................................................. 7 4.6. Expenditure..................................................................... 11 4.7. Surpluses ........................................................................ 14 4.8. Trends ............................................................................ 14 4.9. Tithe Fund ...................................................................... 15 4.10. Missionary Giving ........................................................... 15 5. Comparison with Previous years ................................................... 16 5.1. Income ........................................................................... 16 5.2. Expenditure..................................................................... 17 5.3. Surplus / Deficit ............................................................... 18 6. Intermediate Reports .................................................................. 19 7. Current Account Reconciliation ..................................................... 24 8. Kingdom Bank Gospel Partnership Account Reconciliation................. 25 9. Kingdom Bank 120 Day Notice Account Reconciliation ..................... 26 10. Appendix 01. Full Trial Balance Chart of Accounts .......................... 27

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2024 Year End Report

1. INTRODUCTION

The Community Life Church – Cannock is a local church based in Cannock Staffordshire. We were formerly known as the Hednesford Pentecostal Church. We changed the name to reflect changes in local town boundaries and the church’s vision.

We own a church building at:

Community Life Church, Hill Street, Heath Hayes, Cannock, WS12 2DP, UK.

This building is used for numerous church and community activities. However, it is now too small for the Sunday morning congregation. The Sunday morning service is therefore held at the:

Hayes Green Community Centre, Heath Way, Heath Hayes, Cannock, WS12 3XP, UK.

The church’s website is: www.communitylifechurch.uk.

The church is governed by a Leadership Team, members of which also serve as the church Trustees.

The church is an “Assemblies of God UK” Pentecostal Church. The national offices of Assemblies of God UK are:

Assemblies Of God Great Britain Arlington House Bloom Street Salford Manchester M3 6AJ

The church is a Registered Charity (England & Wales), No 1052553.

2. LEADERSHIP TEAM

The Leadership Team Members throughout 2024;

Mr Colin Ball (Chair of Trustees), Mr John Tyrell (Senior Leader & Financial Officer), Mrs Sandra Tyrell, Mr Stuart Lees, Mrs Mel Lees, Mrs Michelle Ball.

Mr Gary Ball resignation his leadership position in April 2024.

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2024 Year End Report

3. YEAR END SUMMARY

In a time that many churches have been seeing falling congregations and churches facing existential threats, Community Life Church saw some growth in church numbers and several new people confessing the Christian faith for the first time. Sadly, we also experience some long-standing members leave the church because of employment and other personal circumstances.

The church remains committed to raising the next generation of leaders within the church.

The church experienced strengthen relationships with other churches in the Cannock area.

The church’s “Hope at Christmas” campaign gave £810 in food vouchers to the local authorities Family Centre and nearly £300 for Christmas presents for children whose father had been imprisoned.

Each week, the church helps people in the community who are struggling because of unemployment, benefit changes or substance addictions. Help is provided through our Community Fund and supporting the local Food Bank. Church members have proven generous in financially supporting the Community Fund.

3.1. BUILDING MAINTENANCE AND REPAIR

The church building on Hill Street has been kept in a good state of repair, with various maintenance and repair projects being performed.

The required safety inspections have been performed. The central heating gas boiler was replaced. The Fire Alarm and emergency lighting are tested each week. The Fire Alarm’s smoke detectors are tested annually. All the electrical equipment undergoes PAT testing.

3.2. POLICIES AND CODES OF PRACTICES

The Leadership Team recognises its responsibilities for the Health & Safety, Safeguarding, other polices and Risk Assessments. All the policies and codes of practices are regularly reviewed.

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2024 Year End Report

4. 2024 FINANCIAL REPORT

4.1. CONCLUSIONS

The church’s financial performance for 2024 was far better than 2023. The General Fund Income increased by 19 %.

We made two significant purchases in 2024, a new video projector which cost £3,353, and a new gas boiler which cost £2,780. As a result, the expenditure increased by 10 %.

In addition, we were able to transfer £8,500 from the General Fund to the Strategic Reserve Fund. This resulted in a total increase in the General Fund Expenditure by 19 %.

After the transfer of £8,500 to the Reserve Fund, the General Fund’s annual surplus of £269, which compares with £354 in 2023. This is lower than we had planned and is the result of the cost of the new boiler which we purchased in December following the annual inspection.

It has been our deliberate strategy to increase the Strategic Reserve. There are long term doubts over the community centre we are hiring, and the cost of employment could dramatically increase if there is a change in senior leadership.

All the church departments made a surplus in 2024.

All the bank accounts have been reconciled.

4.2. SUMMARY

The following table summarises the End-of-Year balances for the various departments, accounts, and funds.

General Fund

General Fund
Offerings £ 77,717.48
Subsidiary Income £ 4,386.90
Building Fund Income £ 1,075.08
Transfers into G/F £-
Transfers from G/F £ 8,500.00
Expenditure £ 74,410.88
Surplus / Deficit £ 268.59
Balance Brought Forward £ 2,094.00
Present Balance £ 2,362.59

Offerings

Offerings
Missionary £ 4,420.61
General £ 77,717.48

Accounts check

Total Money £ 43,853.45
General Fund £ 2,362.59
Missionary Balance £ 151.50

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2024 Year End Report

Church Tithe Fund £ 957.19
PAYE & Pensions £ 1,427.45
Grants Balance £-
Youth Training £ 1,837.78
Special Projects £ 741.42
Strategic Reserve £ 30,021.38
Other Designated Funds £ 1,727.31
Departments £ 4,567.41
Community Fund £ 59.42
Account Total £ 43,853.45
Error Check
£ 0.00

4.3. ACCOUNT BALANCES

This table shows the End of Year Balances for physical accounts.

1200 CO-OPERATIVE BANK £ 2,753.40
1220 KINGDOM BANK LTD £ 36,025.60
1230 PETTY CASH £ 57.04
1232 Debtors £ 450.00
1234 Lunch Club £ 3,904.91
1235 Roses Women's Ministry £ 428.05
1237 Parent & Toddler Group £ 234.45
Total £ 43,853.45

4.4. ASSETS & LIABILITIES

Short Term Liabilities
PAYE & Pension Contrib. £ 1,427.45
Total Grant Money £-
Total Designated Funds £ 34,786.93
Total £ 36,214.38
Long Term Liabilities
2330
MORTGAGES
£-

4.5. INCOME

An abridged breakdown of the income is as follows.

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2024 Year End Report

2024
General Fund Offerings £ 77,717
Subsidiary Income £ 4,387
Building Fund Offerings £ 1,075
Church Mission Income £-
Transfers from other Funds £-
General Fund Income £ 83,179
Project Fund £ 5,002
Missionary Offerings £ 4,421
Community Fund Offerings £ 2,111
Departmental Income £ 5,885
Grand Total £ 100,598

The General Fund is the unrestricted and non-designated money, available for the everyday costs of the church. The majority of the General Fund Income (94 %) comes from the offerings from the church members.

The Subsidiary Income included hire charges for the church building.

The Project Fund income primarily comes through the sale of donated goods at the Lunch Club. Although this isn’t restricted money, it is used for the purchase of new equipment, projects, or special events (Family Fun Day, Children’s Christmas Party).

The Community Fund is a restricted fund which is used to help people in need, with the purchase of food or electricity. Most recipients are people from the community, who coming seeking assistance. Occasionally the fund has been used to help some individuals in the church’s congregation. Income to the Community Fund is from designated gifts from members of the congregation.

The following graph shows the monthly variations in Income and Expenditure. In March we received an additional £4,000 Gift Aid relief. In August we benefitted from £8,000 bequeathed to the church.

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2024 Year End Report £14,IXIO General Fund £13,CX)O £12,(XlO £ii,cM)o £i0,c￿0 £9.OC £8,0(M) £7,000 £6.OQh) £5,000 £4.OCN) +Monthly Income £3,000 +Monthly Expenditure £2,0(M) £i.o £0 Dec-23 lan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 £14.0 Monthly Income £12,0(M) Offerlngs Subsidiary Income Building Fund £io,o(K) £8,000 £6.000 £4.000 £2.000 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Ort-24 Nov-24 Dec-24 9of34

2024 Year End Report

The following pie-charts illustrates that:

94 % of the income into the General Fund was through offerings.

83 % of the total income is the General Fund income.

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2024 Year End Report

4.6. EXPENDITURE

An abridged version of the expenditure is as follows:

2024
Ministry Expenses £ 10,919
Overheads £ 7,839
Employment Costs £ 41,088
Building £ 5,898
Tithe & Missionary % £ 8,667
Transfer to Other Funds £ 8,500
Total General Fund Expenditure £ 82,911
Projects Expenditure £ 4,260
Missionary Expenditure £ 5,036
Community Fund Exp £ 2,163
Departmental Expenditure £ 4,591
Grand Total £ 98,960

The General Fund expenditure includes ministry costs, overheads, and employment costs. The employment costs (wages, NI contributions and pension contributions) are the largest General Fund expenditure (50 %).

The church qualified for the Government’s Employment Allowance Scheme, which has reduced the year’s Employer’s National Insurance Contributions by £2,857.

The total building insurance[1] and maintenance cost for 2024 was £5,898. This included the cost of a new gas boiler (£2,780).

The cost of hiring the Hayes Green Community Centre for Sundays was £2,993. The hire cost has increased for 2025.

The church designates 10% of its General Fund income to the Tithe Fund and 1.0% to the Missionary Fund.

1 The Insurance cover includes things like Public Liability and Contents Insurance.

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2024 Year End Report Monthly Expenditure istry Ex enses Em loymen Costs Ove heads Bui ding Trans ers fro GIF £4.￿X) E4.UK> El.5rK> EI.UK> £5 Tota lyEx endit re £4.XK) £4.￿) li li £i.wo £5 12of34

2024 Year End Report 2024 General Fund Exp IOO/o 130/0 IOO/o Mlnlstry Expenses Overheads IOO/o 70/0 Employment Costs Building Tlthe & Mlsslonary 0/0 Transfer to Other Funds 2024 Expenditure 4010 Tota l General Fund Expenditure Projects Expenditure Mlssionary Expenditure Communlty Fund Exp Departmental Expendlture 84010 13of34

2024 Year End Report

4.7. SURPLUSES

4.7. SURPLUSES
2024
General Fund £ 269
Projects Fund £ 741
Missionary Fund -£ 615
Community Fund -£ 51
Departments £ 1,295
Grand Total £ 1,638

A graph of the General Fund’s surplus as the end of each month is as follows:

4.8. TRENDS

The following graphs show fluctuations in the balance of the General Fund and the monthly income and monthly expenditure.

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2024 Year End Report

4.9. TITHE FUND

The church has maintained its commitment to support missionaries, charities, disaster relief funds and other ministries. £7,829 or 10 % of income to the General Fund was assigned to the Tithe Fund.

The total Tithe Fund Expenditure was £7,470.

4.10. MISSIONARY GIVING

As well as the 1.0% of the General Fund that is allocated to the Missionary Fund, monthly payments to various missionaries were made from the Church Tithe Fund. Church members also donated to the missionaries whether through offerings taken when the missionaries visit, monthly designated giving, or from the Missionary Boxes.

People collect their loose change in the Missionary Boxes and twice a year the money is submitted to the church.

Money is occasionally transferred from the Church Tithe Fund to the Mission Trip Fund. This money would finance future short-term missions abroad.

A summary of the missionary income and expenditure is as follows:

2024
Missionary Offerings £ 4,420.61
% of General Fund £ 656.83
Tithe Gifts to Missionaries £ 2,808.55
Total £ 7,885.99

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2024 Year End Report

The total amount given to missionaries is equivalent to 9.5 % of the General Fund Income.

5. COMPARISON WITH PREVIOUS YEARS

5.1. INCOME

The total church income for 2024 was 18 % higher than 2023. The General Fund income was 19 % higher than 2023.

2021 2022 2023 2024
General Fund Offerings £ 55,198 £ 55,492 £ 62,321 £ 77,717
Subsidiary Income £ 17,400 £ 2,293 £ 3,578 £ 4,387
Building Fund Offerings £ 2,410 £ 1,175 £ 1,323 £ 1,075
Church Mission Income £ 2,020 £- £- £-
Transfers from other
Funds
£ 9,400 £- £- £-
General Fund Income £ 86,428 £ 58,960 £ 67,222 £ 83,179
Project Fund £ 14,794 £ 4,372 £ 2,452 £ 5,002
Missionary Offerings £ 3,002 £ 6,939 £ 3,671 £ 4,421
Community Fund
Offerings
£ 4,731 £ 4,356 £ 2,881 £ 2,111

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2024 Year End Report

Departmental Income £ 7,381 £ 5,055 £ 6,287 £ 5,885
Grand Total £ 116,336 £ 79,682 £ 82,513 £ 100,598

5.2. EXPENDITURE

The total expenditure for 2024 was 18 % higher than 2023. The total expenditure ignoring the transfers to the reserve fund was 10 % higher than 2023.

The General Fund expenditure was 19 % higher than 2023 but includes the £8,500 transferred to the Strategic Reserve Fund. Without the transfer, the expenditure was 10 % higher. This includes the cost of the new projector and the new gas boiler.

expenditure was 10 % higher. This includes the cost of the new projector and the
new gas boiler.
expenditure was 10 % higher. This includes the cost of the new projector and the expenditure was 10 % higher. This includes the cost of the new projector and the expenditure was 10 % higher. This includes the cost of the new projector and the expenditure was 10 % higher. This includes the cost of the new projector and the
2021 2022 2023 2024
Ministry Expenses £ 6,480 £ 7,781 £ 10,116 £ 10,919
Overheads £ 5,168 £ 4,951 £ 8,248 £ 7,839
Employment Costs £ 65,011 £ 36,827 £ 38,121 £ 41,088
Building £ 4,035 £ 3,049 £ 3,362 £ 5,898
Tithe & Missionary % £ 6,313 £ 6,252 £ 7,021 £ 8,667
Transfer to Other Funds £ 8,500
Total General Fund
Expenditure
£ 87,007 £ 58,861 £ 66,868 £ 82,911
Projects Expenditure £ 16,183 £ 3,664 £ 3,566 £ 4,260

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2024 Year End Report

Missionary Expenditure £ 2,083 £ 6,917 £ 3,668 £ 5,036
Community Fund Exp £ 4,917 £ 4,360 £ 2,804 £ 2,163
Departmental
Expenditure
£ 8,202 £ 4,841 £ 4,734 £ 4,591
Grand Total £ 118,391 £ 78,644 £ 81,639 £ 98,960

5.3. SURPLUS / DEFICIT

The General Fund saw a surplus of £269 in 2024. The Missionary Fund saw a deficit of £615. This was not indicative of a problem but was the result of deliberately reducing the Missionary Balance by sending gifts in December to the missionaries we support.

deliberately reducing the Missionary Balance by sending gifts in December to the
missionaries we support.
deliberately reducing the Missionary Balance by sending gifts in December to the deliberately reducing the Missionary Balance by sending gifts in December to the deliberately reducing the Missionary Balance by sending gifts in December to the deliberately reducing the Missionary Balance by sending gifts in December to the
2021 2022 2023 2024
General Fund -£ 579 £ 99 £ 354 £ 269
Projects Fund -£ 1,388 £ 708 -£ 1,114 £ 741
Missionary Fund £ 919 £ 22 £ 3 -£ 615
Community Fund -£ 186 -£ 4 £ 78 -£ 51
Departments -£ 821 £ 214 £ 1,554 £ 1,295
Grand Total -£ 2,055 £ 1,039 £ 875 £ 1,638

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6. INTERMEDIATE REPORTS

The names of donors and recipients have been redacted for data protection reasons.

Subsidiary Income
5100 Administration Charges £- £-
5110 Receipt for Cash Trx £- £-
5140 Sales £- £ 215.00
5150 Miscellaneous £- £ 32.00
5151 Men's Ministry £- £-
5152 Funeral Donations £- £ 264.90
5153 Ladies Roses Ministry £- £-
5154 P.A.Y.E. Correction £- £-
5200 Hayes Green Hire Kidies Club £- £ 180.00
5300 Transfers into G/F £- £-
5400 Hall Hire: Everyone Health £- £ 840.00
5401 Hall Hire: Radmoor Training £- £-
5402 Hall Hire: Lunch Club £- £ 1,165.00
5403 Hall Hire: The Havens £- £-
5404 Hall Hire: Colin Ball £- £ 1,690.00
Total £ 4,386.90
General Income
4220 General Fund Transfers £- £-
4121 General Fund Non Gift Aid £ 285.00 £39,738.57
4122 General Fund Cheques £- £ 1,780.00
4123 General Fund Miscellaneous
Offering
£- £ 539.32
4130 Gift Aid Small Donations Scheme £- £ 4,000.00
4141 £- £-
4142 Kingdom Bank Interest £- £ 394.73
4148 Petty Cash Tin Corrections £ 119.25 £ 81.03
4149 Gift Aid Tax Repaid £- £ 6,699.08
Gift Aid Donations £- £24,889.00
Offerings Sub Total £77,717.48
Offerings & Transfers Total £77,717.48
Building Fund
4321 BF Non Gift Aid £- £-
4323 BF Special Offering £- £-
4330 BF Standing Orders & Bank
Receipts
£- £-
4349 BF Gift Aid Tax Received £- £ 200.08

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2024 Year End Report

BF Gift Aid Donations £- £ 875.00
7400 Building Maintenance £ 3,197.25 £-
7401 Church Insurance £ 2,038.02 £-
7402 Decorating £- £-
7404 Church Cleaner £ 662.50 £-
7405 Gardener / Painter / Odd Jobs £- £-
7410 Building Professional Fees £- £-
Totals £ 5,897.77 £ 1,075.08
Surplus / Deficit -£ 4,822.69
Missionary
4420 Missionary Offerings £- £ 1,860.00
4431 Missionary Boxes £- £ 444.98
4433 Missionary Appeal £- £-
4449 Gift Aid Tax Back £- £ 302.70
Gift Aid Donations £- £ 1,025.00
Agreed % of General Fund £ 787.93
6700 Visiting Missionaries £ 3,046.90 £-
6701 Missionary Support £ 1,700.99 £-
6702 AOG Appeals £- £-
6707 Missionary 003 £ 288.00 £-
Totals £ 5,035.89 £ 4,420.61
Amount Brought Fwd £- £ 766.79
Current Balance £ 151.50
Mission Trip Fund
4432 Mission Trip Fund £- £ 740.00
6706 Mission Trip Fund £ 1,062.69 £-
Mission Trip Fund B/F £ 2,050.00
Mission Trip Balance £ 1,727.31
Annual Missionary Offerings £ 3,632.68
Missionary Donations from Tithe
Fund
£ 2,445.00
Agreed % of General Fund £ 787.93
Total Missionary Giving £ 6,865.61
Departments
Lunch Club B/F £ 2,739.63
4002 Lunch Club Income £ 4,637.83

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2024 Year End Report

6002 Lunch Club Expenditure £ 3,472.55 £ 3,472.55
Balance £ 3,904.91
Roses Women's Ministry B/F £ 330.54
4003 Women's Ministry Income £ 164.25
6003 Women's Ministry Expenditure £ 66.74
Balance £ 428.05
Strategic Reserves B/F £21,521.38
3150 Strategic Reserves Added £ 8,500.00
Strategic Reserves Subtracted £-
Balance £30,021.38
Parent & Toddler Group B/F £ 202.72
4000 Parent & Toddler Group Income £ 1,083.20
6000 Parent & Toddler Group Expenditure £ 1,051.47
Balance £ 234.45
Community Fund
Balance B/F £ 110.65
4005 Community Fund Income £ 1,810.00
4249 Comm Fund Gift Aid Tax Repaid £ 71.27
Comm Fund Gift Aid Giving £ 230.00
Community Fund Usage £ 2,162.50
Balance £ 59.42
Ministry Expenses
6010 Visiting Ministry £ 837.41
6020 Evangelistic Support & Events £ 959.63
6030 Special Church Activity £ 610.00
6031 Hayes Green Comm Centre Hire Cost £ 2,993.00
6032 Hayes Green Hire Kiddies Club £ 180.00
6033 Off Site Storage Hire £-
6050 Pastoral Expenses-Food £ 685.57
6051 Pastoral Expenses-Financial Support £ 40.00
6052 Gifts & Special Payments £ 9.50
6060 Children's Work £-
6061 School Work £-
6070 Tracts & Leaflets £ 70.00
6101 Worship Resources £ 1,017.54
6102 Copyright License £ 352.14
6110 Thirtyone: Eight £ 159.24
6200 AOG Subscriptions £ 2,215.00
6201 Men's Ministry £-

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2024 Year End Report

6202 Fraternals £ 65.94
6300 Trustees & Leadership £-
6301 £-
6310 Conferences £ 449.03
6320 Books & Literature £ 225.43
6330 Advertising £ 49.72
6350 Training Courses £-
Total £10,919.15
Employment Costs
7501 Wages 01-Employee 001 £26,831.10
7502 Wages 02-Employee 002 £12,279.22
7503 Wages 03-Employee 003 £-
7504 Wages 04-Employee 004 £-
7540 £-
7550 Employer's National Insurance £ 23.79
7555 Pension Contributions £ 1,953.91
Total £41,088.02
Overheads
7560 Travel Payments £ 110.40
7580 Gifts £-
7600 Office Consumables £ 257.90
7610 Postage, Envelops & Packing £ 204.29
7620 Computer Software £ 222.02
7630 Office Equipment £ 2,376.91
7631 Furnishings £-
7632 Storage Hire £ 375.00
7634 Window Cleaner £ 98.00
7635 Cleaning Equipment and Consumables £ 104.33
7636 Refreshments £-
7637 Sundries £ 10.70
7660 £-
7670 Professional Fees £ 286.60
7671 Co Op Bank Charges £-
7672 Co Op Bank Debit Card Charges £-
7673 Kingdom Bank Charges £ 5.00
7680 Transfer from G/F £ 8,500.00
7701 Gas £ 997.38
7702 Electricity £ 1,379.95
7703 Water Rates South Staffs £ 151.46
7704 Website, Domain Name etc £ 727.37
7705 Landline & Broadband £-

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2024 Year End Report

7706 EE Mobile Phone £ 531.45
7707 £-
Totals £16,338.76
Church Tithe Fund
0004 Balance Brought Forward £ 547.97
Tithe Payments £ 7,470.04
Tithe Earned £7,879.26
Project Fund
4500 Projects Fund: Lunch Club £- £1,289.15
4501 Projects Fund: Fun Day £- £ 796.80
4502 Projects Fund: Christmas £- £ 890.00
4503 Projects Fund: Equipment £- £1,610.00
4504 Projects Fund: Funerals £- £-
4505 Projects Fund: £- £-
Gift Aided Donations £- £ 250.00
Gift Aided Tax Refund £- £ 62.50
Balance Brought Forward £- £ 13.07
6500 Projects Fund: £- £-
6501 Fun Day £ 1,097.57 £-
6502 Projects Fund: Christmas £ 1,650.55 £ 90.00
6503 Projects Fund: Equipment £ 1,511.98 £-
6504 Projects Fund: £- £-
6505 Projects Fund: £- £-
Totals £ 4,260.10 £5,001.52
Difference £ 741.42
Youth Training Fund
4600 Youth Training Fund £- £-
Gift Aided Donations £- £-
Gift Aided Tax Refund £- £-
Balance Brought Forward £1,837.78
6599 Youth Training Fund Expenditure £- £-
Totals £- £1,837.78
Difference £1,837.78

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7. CURRENT ACCOUNT RECONCILIATION

People’s names have been redacted off the statement.

Period End Current Account Balance2: £ 2,753.40
31stDecember 2024 Bank Statement Balance: £ 2,861.40
Difference: -£ 108.00

Uncleared Transactions:

There are two transactions on the above statement that were not added to the church software until 1[st] January 2025. They are:

2 See section 4.3. Account Balances on page 7.

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2024 Year End Report

Date Description Debit Credit
01/01/2025 Donor 202 £ 88.00 £-
01/01/2025 BF Gift Aid 4 £ 20.00 £-
Totals £ 108.00

The current account reconciles.

8. KINGDOM BANK GOSPEL PARTNERSHIP ACCOUNT RECONCILIATION

Kingdom Bank statements are received twice a year in May and December. The latest statement informs us of interest that was added to the account on 31[st] December 2024.

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2024 Year End Report

Period End Account Balance[3] :

6[th] December 2024 Payment: 31[st] December 2024 Interest Added: Final Balance:

£ 36,025.60 £ 30,000.00 £ 557.44 £ 6,583.04

31[st] December 2024 Bank Statement Balance:

£ 6,583.04

The account is reconciled.

9. KINGDOM BANK 120 DAY NOTICE ACCOUNT RECONCILIATION

This account was opened in December 2024, but written notification of this account was not received until January 2025.

Period End Account Balance:

£ 0

3 See section 4.3. Account Balances on page 7.

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2024 Year End Report

6[th] December 2024 Receipt: 31[st] December 2024 Interest Added: Final Balance:

£ 30,000.00 £ 72.38 £ 30,072.38

31[st] December 2024 Bank Statement Balance:

£ 30,072.38

The account is reconciled.

10. APPENDIX 01. FULL TRIAL BALANCE CHART OF ACCOUNTS

The names of donors and recipients have been redacted for data protection reasons.

N/C Transaction Debit Credit
0001 General Fund B/F £
-
£ 2,094.00
0002 Building Fund B/F £
-
£
-
0003 Missionary Balance B/F £
-
£
766.79
0004 Church Tithe Fund B/F £
-
£
547.97
0005 Project Fund B/F £
-
£
13.07
0006 Mission Reserve B/F £
-
£ 2,050.00
0007 Strategic Reserves B/F £
-
£ 21,521.38
0008 Community Fund B/F £
-
£
110.65
0009 £
-
£
-
0010 Youth Training Fund £ 1,837.78 £
-
0011 Lunch Club £ 2,739.63 £
-
0012 Roses Women's Ministry £ 330.54 £
-
0013 £
-
£
-
0014 Parent & Toddler Group £ 202.72 £
-
0020 BUILDING £ 380,000.00 £
-
0021 FIXTURES & FITTINGS £ 42,000.00 £
-
0022 F/F DEPRECIATION £
-
£
-
0030 EQUIPMENT £
-
£
-
0031 EQUIP. DEPRECIATION £
-
£
-
1200 CO-OPERATIVE BANK £ 97,011.15 £ 94,257.75
1210 £
-
£
-
1220 KINGDOM BANK LTD £ 41,030.60 £ 5,005.00
1230 PETTY CASH £ 37,858.16 £ 37,801.12
1232 Debtors £ 450.00 £
-
1233 Youth Club £
-
£
-
1234 Lunch Club £ 4,637.83 £ 3,472.55
1235 Women's Ministry £ 164.25 £
66.74
1236 £
-
£
-
1237 Parent & Toddler Group £ 1,083.20 £ 1,051.47
2110 £
-
£
-
2150 £
-
£
-
2151 Missionary 003 £
-
£
-
2152 Developing Pastors £ 900.00 £
900.00
2153 £
-
£
-
2154 Loans £ 210.00 £
210.00
2200 £
-
£
-

27 of 34

2024 Year End Report

2210 P.A.Y.E. £ 7,281.89 £ 7,286.50
2215 NEST Pensions £ 5,588.04 £ 7,010.88
2220 Invoices £
-
£
-
2330 MORTGAGES £
-
£
-
3000 £
-
£
-
3050 Grant 01 - Heath Hayes Parish £ 500.00 £
500.00
3051 Grant 02 - £
-
£
-
3052 Grant 03 - £
-
£
-
3053 Grant 04 - Support Staffordshire £
-
£
-
3054 Grant 05 - Staffs County Church £
-
£
-
3055 Grant 06 £
-
£
-
3056 Grant 07 £
-
£
-
3057 Grant 08 £
-
£
-
3058 Grant 09 £
-
£
-
3100 ACCUMULATED FUNDS £
-
£ 288,516.70
3111 £
-
£
-
3150 Strategic Reserves £
-
£ 8,500.00
3200 Profit & Loss Account £
-
£ 140,431.75
4000 Parent & Toddler Group Income £
-
£ 1,083.20
4001 Youth Club Income £
-
£
-
4002 Luncheon Club Income £
-
£ 4,637.83
4003 Women's Ministry Income £
-
£
164.25
4004 £
-
£
-
4005 Community Collection Income £
-
£ 1,810.00
4120 General Fund Transfers £
-
£
-
4121 General Fund Non-Gift Aid £ 285.00 £ 39,738.57
4122 General Fund Cheques £
-
£ 1,780.00
4123 General Fund Miscellaneous
Offering
£
-
£
539.32
4130 Gift Aid Small Donations Scheme £
-
£ 4,000.00
4141 £
-
£
-
4142 Kingdom Bank Interest £
-
£
394.73
4148 Petty Cash Tin Corrections £ 119.25 £
81.03
4149 Gift Aid Tax Repaid £
-
£ 6,699.08
4150 Special Gift Aid Donations £
-
£
-
4151 General Fund Gift Aid 1 £
-
£
960.00
4152 General Fund Gift Aid 2 £
-
£ 1,040.00
4153 General Fund Gift Aid 3 £
-
£ 1,590.00
4154 General Fund Gift Aid 4 £
-
£ 4,090.00
4155 General Fund Gift Aid 5 £
-
£
360.00
4156 General Fund Gift Aid 6 £
-
£
40.00
4157 General Fund Gift Aid 7 £
-
£
90.00
4158 General Fund Gift Aid 8 £
-
£ 1,000.00
4159 General Fund Gift Aid 9 £
-
£
100.00
4160 General Fund Gift Aid 10 £
-
£ 2,630.00
4161 General Fund Gift Aid 11 £
-
£ 1,200.00
4162 General Fund Gift Aid 12 £
-
£ 1,084.00
4163 General Fund Gift Aid 13 £
-
£
-
4164 General Fund Gift Aid 14 £
-
£ 5,130.00
4165 General Fund Gift Aid 15 £
-
£ 3,900.00
4166 General Fund Gift Aid 16 £
-
£
440.00
4167 General Fund Gift Aid 17 £
-
£
675.00
4168 General Fund Gift Aid 18 £
-
£
-

28 of 34

2024 Year End Report

4169 General Fund Gift Aid 19 £
-
£
560.00
4170 General Fund Gift Aid 20 £
-
£
-
4171 General Fund Gift Aid 21 £
-
£
-
4172 General Fund Gift Aid 22 £
-
£
-
4173 General Fund Gift Aid 23 £
-
£
-
4174 General Fund Gift Aid 24 £
-
£
-
4175 General Fund Gift Aid 25 £
-
£
-
4220 Community Fund £
-
£
-
4221 CM Sunday Offering £
-
£
-
4230 CM Bank Receipts £
-
£
-
4249 Comm Fund Gift Aid Tax £
-
£
71.27
4251 Comm Fund Gift Aid 01 £
-
£
-
4252 Comm Fund Gift Aid 02 £
-
£
-
4253 Comm Fund Gift Aid 03 £
-
£
-
4254 Comm Fund Gift Aid 04 £
-
£
230.00
4255 Comm Fund Gift Aid 05 £
-
£
-
4256 Comm Fund Gift Aid 06 £
-
£
-
4257 Comm Fund Gift Aid 07 £
-
£
-
4258 Comm Fund Gift Aid 08 £
-
£
-
4259 Comm Fund Gift Aid 09 £
-
£
-
4260 Comm Fund Gift Aid 10 £
-
£
-
4261 Comm Fund Gift Aid 11 £
-
£
-
4262 Comm Fund Gift Aid 12 £
-
£
-
4263 Comm Fund Gift Aid 13 £
-
£
-
4264 Comm Fund Gift Aid 14 £
-
£
-
4265 Comm Fund Gift Aid 15 £
-
£
-
4266 Comm Fund Gift Aid 16 £
-
£
-
4267 Comm Fund Gift Aid 17 £
-
£
-
4268 Comm Fund Gift Aid 18 £
-
£
-
4269 Comm Fund Gift Aid 19 £
-
£
-
4270 Comm Fund Gift Aid 20 £
-
£
-
4271 Comm Fund Gift Aid 21 £
-
£
-
4272 Comm Fund Gift Aid 22 £
-
£
-
4273 Comm Fund Gift Aid 23 £
-
£
-
4274 Comm Fund Gift Aid 24 £
-
£
-
4300 Building Fund £
-
£
-
4301 Transfer from General Fund £
-
£
-
4310 Building Fund Gifts & Grants £
-
£
-
4311 Grant 1 £
-
£
-
4312 Grant 2 £
-
£
-
4313 Grant 3 £
-
£
-
4314 Grant 4 £
-
£
-
4315 Grant 5 £
-
£
-
4316 Grant 6 £
-
£
-
4317 Grant 7 £
-
£
-
4318 Grant 8 £
-
£
-
4319 Grant 9 £
-
£
-
4320 Building Fund Offerings £
-
£
-
4321 BF Non Gift Aid £
-
£
-
4322 £
-
£
-
4323 BF Special Offering £
-
£
-
4330 BF Standing Orders & Bank
Receipts
£
-
£
-

29 of 34

2024 Year End Report

4341 £
-
£
-
4342 £
-
£
-
4349 BF Gift Aid Tax Received £
-
£
200.08
4350 BF Gift Aid Donations £
-
£
-
4351 Building Fund Gift Aid 1 £
-
£
-
4352 Building Fund Gift Aid 2 £
-
£
-
4353 Building Fund Gift Aid 3 £
-
£
-
4354 Building Fund Gift Aid 4 £
-
£
140.00
4355 Building Fund Gift Aid 5 £
-
£
-
4356 Building Fund Gift Aid 6 £
-
£
-
4357 Building Fund Gift Aid 7 £
-
£
-
4358 Building Fund Gift Aid 8 £
-
£
240.00
4359 Building Fund Gift Aid 9 £
-
£
-
4360 Building Fund Gift Aid 10 £
-
£
-
4361 Building Fund Gift Aid 11 £
-
£
-
4362 Building Fund Gift Aid 12 £
-
£
-
4363 Building Fund Gift Aid 13 £
-
£
-
4364 Building Fund Gift Aid 14 £
-
£
-
4365 Building Fund Gift Aid 15 £
-
£
-
4366 Building Fund Gift Aid 16 £
-
£
-
4367 Building Fund Gift Aid 17 £
-
£
495.00
4368 Building Fund Gift Aid 18 £
-
£
-
4369 Building Fund Gift Aid 19 £
-
£
-
4370 Building Fund Gift Aid 20 £
-
£
-
4371 Building Fund Gift Aid 21 £
-
£
-
4372 Building Fund Gift Aid 22 £
-
£
-
4373 Building Fund Gift Aid 23 £
-
£
-
4374 Building Fund Gift Aid 24 £
-
£
-
4375 Building Fund Gift Aid 25 £
-
£
-
4400 Missionary Fund £
-
£
-
4420 Missionary Offerings £
-
£ 1,860.00
4421 £
-
£
-
4422 £
-
£
-
4423 £
-
£
-
4431 Missionary Boxes £
-
£
444.98
4432 Mission Trip Fund £
-
£
740.00
4433 Missionary Appeal £
-
£
-
4441 £
-
£
-
4442 £
-
£
-
4449 Gift Aid Tax Back £
-
£
302.70
4450 Missionary Gift Aid Donations £
-
£
-
4451 Missionary Gift Aid 01 £
-
£
-
4452 Missionary Gift Aid 02 £
-
£
-
4453 Missionary Gift Aid 03 £
-
£
-
4454 Missionary Gift Aid 04 £
-
£
645.00
4455 Missionary Gift Aid 05 £
-
£
-
4456 Missionary Gift Aid 06 £
-
£
-
4457 Missionary Gift Aid 07 £
-
£
-
4458 Missionary Gift Aid 08 £
-
£
-
4459 Missionary Gift Aid 09 £
-
£
-
4460 Missionary Gift Aid 10 £
-
£
50.00
4461 Missionary Gift Aid 11 £
-
£
-
4462 Missionary Gift Aid 12 £
-
£
-

30 of 34

2024 Year End Report

4463 Missionary Gift Aid 13 £
-
£
-
4464 Missionary Gift Aid 14 £
-
£
50.00
4465 Missionary Gift Aid 15 £
-
£
20.00
4466 Missionary Gift Aid 16 £
-
£
-
4467 Missionary Gift Aid 17 £
-
£
260.00
4468 Missionary Gift Aid 18 £
-
£
-
4469 Missionary Gift Aid 19 £
-
£
-
4470 Missionary Gift Aid 20 £
-
£
-
4471 Missionary Gift Aid 21 £
-
£
-
4472 Missionary Gift Aid 22 £
-
£
-
4473 Missionary Gift Aid 23 £
-
£
-
4474 Missionary Gift Aid 24 £
-
£
-
4475 Missionary Gift Aid 25 £
-
£
-
4500 Projects Fund: Lunch Club £
-
£ 1,289.15
4501 Projects Fund: Fun Day £
-
£
796.80
4502 Projects Fund: Christmas £
-
£
890.00
4503 Projects Fund: Building Repairs £
-
£ 1,610.00
4504 Projects Fund: £
-
£
-
4505 Projects Fund: £
-
£
-
4506 Projects Fund: £
-
£
-
4507 Projects Fund: £
-
£
-
4508 Projects Fund: £
-
£
-
4509 Projects Fund: £
-
£
-
4549 Projects Gift Aid Refund £
-
£
62.50
4550 £
-
£
-
4551 Projects Fund Gift Aid 01 £
-
£
-
4552 Projects Fund Gift Aid 02 £
-
£
-
4553 Projects Fund Gift Aid 03 £
-
£
-
4554 Projects Fund Gift Aid 04 £
-
£
-
4555 Projects Fund Gift Aid 05 £
-
£
-
4556 Projects Fund Gift Aid 06 £
-
£
-
4557 Projects Fund Gift Aid 07 £
-
£
-
4558 Projects Fund Gift Aid 08 £
-
£
100.00
4559 Projects Fund Gift Aid 09 £
-
£
-
4560 Projects Fund Gift Aid 10 £
-
£
50.00
4561 Projects Fund Gift Aid 11 £
-
£
-
4562 Projects Fund Gift Aid 12 £
-
£
-
4563 Projects Fund Gift Aid 13 £
-
£
-
4564 Projects Fund Gift Aid 14 £
-
£
-
4565 Projects Fund Gift Aid 15 £
-
£
100.00
4566 Projects Fund Gift Aid 16 £
-
£
-
4567 Projects Fund Gift Aid 17 £
-
£
-
4568 Projects Fund Gift Aid 18 £
-
£
-
4569 Projects Fund Gift Aid 19 £
-
£
-
4570 Projects Fund Gift Aid 20 £
-
£
-
4571 Projects Fund Gift Aid 21 £
-
£
-
4572 Projects Fund Gift Aid 22 £
-
£
-
4573 Projects Fund Gift Aid 23 £
-
£
-
4574 Projects Fund Gift Aid 24 £
-
£
-
4575 Projects Fund Gift Aid 25 £
-
£
-
5100 Administration Charges £
-
£
-
5110 £
-
£
-
5140 Sales £
-
£
215.00

31 of 34

2024 Year End Report

5150 Miscellaneous £
-
£
32.00
5151 Men's Ministry £
-
£
-
5152 Funeral Donations £
-
£
264.90
5153 Ladies Roses Ministry Donations £
-
£
-
5154 P.A.Y.E. Correction £
-
£
-
5200 Hayes Green Hire Kidies Club £
-
£
180.00
5300 £
-
£
-
5400 Room Hire Charges £
-
£
840.00
5401 Hall Hire: Radmoor Training £
-
£
-
5402 Hall Hire: Lunch Club £
-
£ 1,165.00
5403 Hall Hire: £
-
£
-
5404 Hall Hire: £
-
£ 1,690.00
5405 Hall Hire: Heath Hayes Girl Guides £
-
£
-
5406 Hall Hire: Craft Club £
-
£
-
5407 Hire 7 £
-
£
-
5409 £
-
£
-
6000 Parent & Toddler Group Expenditure £ 1,051.47 £
-
6001 Youth Club Expenditure £
-
£
-
6002 Luncheon Club Expenditure £ 3,472.55 £
-
6003 Women's Ministry Expenditure £
66.74
£
-
6004 £
-
£
-
6005 Community Fund Usage £ 690.00 £
-
6006 Community Fund 006 £ 260.00 £
-
6007 Community Fund 001 £
-
£
-
6008 Community Fund 002 £ 350.00 £
-
6009 Community Fund 004 £ 862.50 £
-
6010 Visiting Ministry £ 837.41 £
-
6020 Evangelistic Support & Events £ 971.98 £
12.35
6030 Special Church Activity £ 610.00 £
-
6031 Hayes Green Hire - Sundays £ 2,993.00 £
-
6032 £ 180.00 £
-
6033 Off Site Storage Hire £
-
£
-
6050 Pastoral Expenses - Food £ 748.09 £
62.52
6051 Pastoral Expenses - Financial
Support
£
40.00
£
-
6052 Gifts & Special Payments £
9.50
£
-
6060 Children's Work £
-
£
-
6061 School Work £
-
£
-
6070 Tracts & Leaflets £
70.00
£
-
6101 Worship Resources £ 1,042.19 £
24.65
6102 Copyright License £ 352.14 £
-
6110 Thirtyone: Eight £ 159.24 £
-
6112 £
-
£
-
6113 £
-
£
-
6114 £
-
£
-
6115 AOG Year End Adjust £
-
£
-
6200 AOG Subscriptions £ 2,215.00 £
-
6201 Men's Ministry £
-
£
-
6202 £
65.94
£
-
6300 Trustees & Leadership £
-
£
-
6301 £
-
£
-
6310 Conferences £ 549.03 £
100.00
6320 Books & Literature £ 225.43 £
-

32 of 34

2024 Year End Report

6330 Advertising £
49.72
£
-
6350 Training Courses £
-
£
-
6500 Special Projects £
-
£
-
6501 Fun Day £ 1,097.57 £
-
6502 Building Repairs £ 1,650.55 £
90.00
6503 Christmas Projects £ 1,511.98 £
-
6504 Food Bank £
-
£
-
6505 Trx to General Fund £
-
£
-
6599 Youth Training Fund Expenditure £
-
£
-
6600 Tithe Payments £ 1,250.00 £
-
6601 AOG Conference Offering £ 601.49 £
-
6602 Pye Green Food Bank £ 420.00 £
-
6603 Community Fund £ 650.00 £
-
6604 Mission Trip Fund £ 500.00 £
-
6605 £ 210.00 £
-
6606 Beggars Vagrants £
-
£
-
6607 A.O.G. Seniors £ 240.00 £
-
6608 Developing Pastors Fund £ 900.00 £
-
6609 A.O.G. World Ministries £ 390.00 £
-
6610 £
-
£
-
6611 Missionary 001 £ 345.00 £
-
6612 Missionary 002 £ 600.00 £
-
6613 Missionary 003 £ 425.85 £
-
6614 Missionary 004 £ 210.00 £
-
6615 Missionary 005 £ 150.00 £
-
6616 Missionary 006 £ 120.00 £
-
6617 Missionary 007 £ 457.70 £
-
6618 Missionary 008 £
-
£
-
6619 £
-
£
-
6700 Visiting Missionaries £ 3,046.90 £
-
6701 Missionary Support £ 1,700.99 £
-
6702 £
-
£
-
6703 £
-
£
-
6705 £
-
£
-
6706 Mission Trip Fund £ 1,062.69 £
-
6707 Missionary 003 £ 288.00 £
-
7400 Building Maintenance £ 3,197.25 £
-
7401 Church Insurance £ 2,038.02 £
-
7402 Decorating £
-
£
-
7403 Mortgage Interest £
-
£
-
7404 Church Cleaner £ 662.50 £
-
7405 Gardener / Painter / Odd Jobs £
-
£
-
7406 £
-
£
-
7407 £
-
£
-
7408 £
-
£
-
7410 Building Professional Fees £
-
£
-
7411 Building Project 01 £
-
£
-
7412 Building Project 02 £
-
£
-
7413 Building Project 03 £
-
£
-
7414 £
-
£
-
7415 £
-
£
-
7449 £
-
£
-
7450 £
-
£
-

33 of 34

2024 Year End Report

7451 £
-
£
-
7501 Employee 001 £ 26,831.10 £
-
7502 Employee 002 £ 12,300.04 £
20.82
7503 Employee 003 £
-
£
-
7504 Employee 004 £
-
£
-
7540 £
-
£
-
7550 Employer's National Insurance £ 2,880.49 £ 2,856.70
7555 Pension Contributions £ 1,953.91 £
-
7560 Travel Payments £ 110.40 £
-
7580 Gifts £
-
£
-
7600 Office Consumables £ 257.90 £
-
7610 Postage, Envelops & Packing £ 204.29 £
-
7620 Computer Software £ 222.02 £
-
7630 Office Equipment £ 2,376.91 £
-
7631 Furnishings £
-
£
-
7632 Storage Hire £ 375.00 £
-
7634 Window Cleaner £
98.00
£
-
7635 Cleaning Equipment and
Consumables
£ 123.99 £
19.66
7636 Refreshments £
-
£
-
7637 Sundries £
10.70
£
-
7660 £
-
£
-
7670 Professional Fees £ 286.60 £
-
7671 Bank Charges £
-
£
-
7672 Bank Debit Card Charges £
-
£
-
7673 Kingdom Bank Charges £
5.00
£
-
7680 Transfer to Other Funds £ 8,500.00 £
-
7701 Gas £ 997.38 £
-
7702 Electricity £ 1,379.95 £
-
7703 Water Rates South Staffs £ 151.46 £
-
7704 Website Costs; Domain Name etc £ 727.37 £
-
7705 Landline & Broadband £
-
£
-
7706 EE Mobile Phone £ 531.45 £
-
7707 £
-
£
-

34 of 34