**REGISTERED CHARITY NUMBER:1052568**
**Report of the Trustees and Financial Statement for the Year Ended 31 December 2024**
## **For**
**The Rulers Church**
## **The Rulers Church Contents of the Financial Statement For the Year Ended 31 December 2024**
||**Page**|
|---|---|
|Report of the Trustees|3-4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Statemtent of Financial Position|7|
|Notes to the Financial Statements
|8-11|
2
## **The Rulers Church Report of the Trustees For the Year Ended 31st December 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘ Accounting and Reporting by Charities issued in March 2005.
## **Reference and Administrative Details**
## **Registered Charity Number**
1052568
## **Principal Address**
PO Box 113 Manchester M11 0AT
## **Trustees**
Athley W Hylton Mark Adjei-Kumi Gladys Dodoo
## **Independent Examiner**
APERX Consultants and Accountants Ltd Chartered Certified Accountants 10 Bilton Dale Cottingham HU16 5DB
## **Structure, Governance and Management Governing Document**
The Charity is controlled by its govening document, a deed of trust and constitutes an unincorporated charity.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fruad and error
3
## **The Rulers Church Report of the Trustees For the Year Ended 31 December 2024**
## **Statement of Trustees Responsibilities**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards(United Kingdom Generally Accepted Accounting Practice)
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2011 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently
- observe the methods and principle in the Charity SORP
- make judgements and estimates that are reasonable and prudent
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business
The trustees are responsible for keeping proper accounting records which 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **ON BEHALF OF THE BOARD**
## **Athley W. Hylton**
**.........................................................** Signature
Athley W. Hylton **..........................................................** Name of Trustee
Date : 27 October 2025
4
## **Independent Examiner’s Report to Trustees of The Rulers Church**
I report on the accounts for the year ended 31 December 2024 set out on pages four to eight
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year(under Section 144 of the Charities Act 2011 (the Act) and that an independent examination is required
It is my responsibility to
- examine the accounts under Section 145 of the the Charities Act
- to follow the procedures laid down in the General Directions given by the Charity Commission(under Section 145 (5)(b) of the Charities Act); and
- to state whether particular matters have come to my attention
## **Basis of the independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes the review of the accounting records kept by the charity and comparison of the accounts presented with those records.It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that , in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
have not been met; or
(2) to which in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
APERX Consultants and Accountants Ltd Chartered Certified Accountants 10 Bilton Dale Cottingham HU16 5DB
5
## **The Rulers Church**
## **Income and Expenditure Accounts for the Year Ended 31st December 2024**
|Notes
Incoming
Resources
Voluntary Income
2
Other Income
3
Total Incoming Resources
Resources Expended
Charitable
Activities
4
Gifts and Donation
Governance Cost
5
Other Resources Expended
6
Total Resources Expended
Net Incoming Resources
Total Funds Brought forward
Total Carried Forward|Unrestricted
Funds
Restricted
Funds
2024
£
£
£
40,424
-
40,424
52,864
-
52,864
93,288
-
93,288
46,767
-
46,767
2,372
-
2,372
11,184
-
11,184
11,767
-
11,767
72,090
-
72,090
21,198
-
21,198
175,775
-
175,775|2023
£
70,954
51,905|
|---|---|---|
|||122,859|
|||60,680
5,700
16,105
8,216|
|||90,701|
|||32,158
143,617|
||196,973
-
196,973|175,775|
6
## **The Rulers Church Statement of Financial Position as at 31st December 2024**
||Notes
Property, Plant and Equipment
9
Current Assets
Debtors
10
Bank Balance
11
Current Liabilities
Creditors and Accruals
12
Net Assets
Reserves
13|2024
£
371,055
4,039
582
4,621
1,883
373,793
373,793|2023
£
347,098
5,598
5,203|
|---|---|---|---|
||||10,801|
||||1,479|
|||||
||||356,420|
||||356,420|
7
## **The Rulers Church**
## **Notes to the Financial Statements for the Year Ended 31st December 2024**
## 2. Voluntary Income
|2. Voluntary Income|||
|---|---|---|
|Tithes and Offering
3. Other Income
Gift Aid Receivable
Rental Income
4. Charitable Activities Cost
Wages
Rates & Water
Volunteer Expenses
Travel Cost
Evangelism
Hospitality
Foundation-Charity
NI' employer
Pension 'employer
5. Governance cost
Telephone
Repairs and maintenance
Professional fees
Heat and Light
General Expenses
Postage and Stationery
Building Insurance
Offering payment machine
Motor Expenses
Bank charges
Instrumentalist|2024
£
40,424
14,989
37,875
52,864
19,200
12,024
-
767
9,145
548
3,300
1,394
389
46,767
1,224
924
1,580
1,527
1,130
550
2,460
913
696
180
-
11,184|2023
£
70,746
20,316
31,588|
|||51,904|
|||19,200
9,000
3,190
3,025
15,190
543
8,750
1,394
388|
|||60,680|
|||1,833
1,721
1,100
2,350
1,342
733
2,007
1,275
3,048
66
630|
|||16,105|
8
## **The Rulers Church**
## **Notes to the Financial Statements for the Year Ended 31st December 2024**
## 6. Other Resources Expended
|6. Other Resources Expended|||
|---|---|---|
|Depreciation:
Motor Vehicle
Computer Equipment
Land and Buildings
Lease Building Insurance
Improvement to Buildings|2024
£
3,756
2,818
-
5,193
11,767|2023
£
2,367
3,522
-
2,327|
|||8,216|
## 7. Trustee Remuneration Benefits
There were no trustees' remuneration or other benefits for the year ended 31st December 2024
## Trustee Expenses
There were no trustees' expenses paid neither for the year ended 31st December 2023
|8. Staff Costs
Wages and Salaries
Pension cost
NI Employer|2024
2023
£
£
19,200
19,200
389
288
1,394
1,394|
|---|---|
||20,983
20,882|
|9. Tangible Fixed Assets
Cost at 1/1/2024
Additions
Depreciation
At 1 January 2024
Charge for the Year
At 31 December 2023
At 31st December 2024
At 31st December 2023|Lease
Building
Insurance
Motor
Vehicle
Church
Equipment
Investment
Improvement
to Buildings
Purchase
of Building
Lease
Totals
£
£
£
15,000
32,154
44,371
8,000
51,930
296,963
448,418
7,924
27,800
35,724|
|---|---|
||15,000
40,078
44,371
8,000
51,930
324,763
484,142|
||15,000
25,054
30,283
0
30,983
0
101,320
0
3,756
2,818
0
5,193
0
11,767|
||15,000
28,810
33,101
0
36,176
0
113,087|
||£0
£11,268
£11,270
£8,000
£15,754
£324,763
£371,055
£0
£7,100
£14,088
£8,000
£20,947
£296,963
£347,098|
9
## **The Rulers Church**
## **Notes to the Financial Statements for the Year Ended 31st December 2024**
10. Debtors: Amount Falling within 1yr
|Other Debtors
4,039
4,039
other Debtors relates to the gift aid and sale of old church premises
2024
11. Creditors :Amount Falling Due 1 yr
£
Other Creditors
1,100
PAYE
697
Pension
86
1,883|5,598
5,598
2023
£
1,100
293
86
1,479|
|---|---|
|12. Movements In Funds
At
1/1/24
£
Unrestricted Funds
175,775
Net Movement in Funds included are as follows:
Unrestricted Funds
13. Reserves
Balance Brought Forward
Surplus for the Year|Net
Movements
At 31st
Dec 2024
£
£
21,198
196,973
Incoming
Resources
£
£
93,288
72,090
2024
£
352,595
21,198
373,793|Resources
Expended
Movement
in Funds
£
21,198
2023
£
324,262
28,333
352,595|
|---|---|---|
10
## **Accounting Convention**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Financial Reporting Standard Number 1**
Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity
## **Incoming Resources**
All incoming resources are included on the Income and Expediture Accounts when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources Expended**
Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all cost related category. Where cost can not be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible Fixed Assets**
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life Motor Vehicles -25% on reducing balance Church Equipment -20% on reducing balance Improvement to Building -10% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.Restricted funds can only be used for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
11