Charity. registration number: 1052575
Carlton Pentecostal Church
Annual Report and Financial Statements
for the Year Ended J l December 202J
CommuIiity Accounting Plus
Units l & 2, North West
41, Talbot Street
Nottinu
NGI 5GL

Carlton Pentecostal Church
Contents (continued)
Reference and Adminlstrative Delails
Trustees, Report
2to6
Independent Examine¢s Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
io
Notes to the Financial Statements

Carlton Pentecostal Church
Reference and Administrative Details
Trustees
Margaret Coy
Darryl Holi
Jeanette Bucknall
Kenneth Troake
Shaun Holt
Peter Lord
David Henshaw
Betty Waldron
Shaun Holt. Church Pastor
Senior Management Team
Angela Arnold-Phipps, Nursery Manager
Charity Registration Number
1052575
Principal Offiee
49 Station Road
Carlton
Nottingham
NG4 JAR
Independent Examiner
John O'Brien. employee of
Community Accounting Plus
Units l & 2. North West
41, Talbot Street
Nottingham
NGI 5GL
Bankers
HSBC
104 Front Street
Arnold
Nottingham
NG5 7EG
Llovds Bank
12-16 Loiver Parliament Street
Noltingham
NGI JDA
Kinudom Bank
Ruddington Fields Business Park
Mere Way
Ruddingion
NGII 6JS
Page I

Carlton Pentecostal Church
Trustees, Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31
December 2023.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows..
Tn￿te¢S..
Margaret Coy
Daryl Holt
Jeanette Bucknall
Kenneth Troake
Shaun Holt
Peter Lord
David Henshaw
Betty Waldron
Strueture, governanee and management
Nalure ofgoverning documenl
The operation of the charity is governed by the Model Constitution and Trust Deed which was adopted by
Special Resolution on 7th September ?006.
Recruilment and appoinlment of irustee5
Regardless of the skills and abilities of the outuoing Trustees. the COrnTnittee asse55es it5 current iieeds and
identifies any ski115 gaps. Thi5 evaluation determine5 whether a replacenient 15 iiece55ary. If a replac¢Tnent IS
required, the committee will consider congregation members who have demonstrated the needed skills and
shown a strong commitment lo the church. These individuals will be discussed by the committee, and if they
receive a successful vote, they will be approached io see ifthey are willing to join the committee.
Those approached will be provided with the guidance prepared by the Charity Commission and the committee's
tern]s of reference. If they accept, they will be fonnally voted in. Ir they decline, the process will be repeated
until a suitable candidate is found.
Page 2

Carlton Pentecostal Church
Trustees, Report (continued)
Objeclives and activities
Objects and aims
The objectives of Carlton Pentecostal Church are to proclaim the good new5 of Jesus Christ. to help believers
develop in their faith and fulfil their potential and to reach out to the marginalised in our society.. regardless of
their background or beliefs=
to advance the Christian faith in accordance with the statement of belief5 in such parts of the United Kingdom
or the world a5 the Trustees from titne to time think fit-
to relieve all aspects of poverty and to promote and preserve ￿'elIbeIng by the provision of funds, goods or
services of any kind. including through the provision of counsellino and support in such other parts of the
United Kingdom or the world as the Trustees from time to time may think fit.
• to advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from
time to time may think fit.
The main activiiies of the Charity include:
Worship and Fellowship, Sunday worship services. Bible studies. Mid-week fellowship meetings, Prayer
meetings, Community Services, Pre-school nursery. Charity shop. Saturday cinem4 Indoor short mat bowls,
Pastoral counselling, Hospital and home visits, Wedding services, Funeral services, Child dedication services,
Sunday school, Craft Classes, Music practice sessions. Overseas aid, Donations to individuals suffering from
poverty.
Public benefil
All of our activities are designed with ihe public benefjt in mind and this remains the focus of the charity.
Our aims and efforts provide both direct and indirect benefits to individuals in need. These benefits are
accessible to the public without unreasonable restrictions and are certainly not limited by an individual's ability
to pay.
The trustees confinn that they have complied with the requirements of section 17 of the Charities Act 201 I to
have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Carlton Pentecostal Church
Trustees, Report (continued)
Achievements and performance
The church offers a wide range of services, not only on Sundays but throughout the NTreek, airning to support the
community socially. physically, emotionally. and spiritually. We achieve this through our faith-based services
and community projects.
Our initiatives include..
• Sunday Services.. We conduct successful Sunday services for our church community and visitors.
Community Support: We support individuals in need locally and oiher charities both nearby and worldwide.
This includes providing food. rent assistance. and clothing for local homeless projects.
Charity Shop.. We run a successful charity shop that serves the M'ider community, offering donations of
clothing and household items.
Discipleship and Pastoral Support- We invest in the discipleship of our members through pastoral support,
relevant courses. and written literature.
Faith-Based Services- We provide various faith-based services and activities, including child dedications,
funerals, and weddings.
Community Activities.. Every Wednesday. we host an indoor short mat bowls group, accessible to the
community for free.
Saturday Cinetna: Monthly, we offer a Saturday cinema event with a movie and a free meal.
. Day Nursery: We operate a day nursery open five day5 a week from 8 AM to 6 PM.
School Partnerships.. We liaise wilh local schools. often through a school support worker, to supply items such
as fumiture, clothing, and financial help for needy families.
Overseas Support: Our financial support exlends overseas, including to Eastern Europe.
• Regular Donations: Throughoui 202J. our members have regularly donated food and essential items to support
the homeless and those in financial need.
Member Support.. We support congregation members via lelephone, online platfomis, and home and hospitsl
visits.
Financial review
In 2023 the nursery experienced a series of challenges mainly regarding the number of children enrolled. The
trustees have enlisted the support of an experienced childcare professional to help adress the situation. After a
number of changes implemented, the nursery has made a significant recovery up to the second quarter of 2024.
Policy on reserves
We maintain a level of free reserves to mitigate against the risk of unexpected events that could place the charity
in financial difficulty. Such events might include situations that bring Carlton Pentecostal Church into disrepute,
prolonged closures of our premises, or significant declines in the economic environment.
The level of unrestricted free reserves is asse55ed in alignment with our insurance policies and our budgeted
long-term and tnedium-temi financial commitments. OUT insurance policies cover the church and trading
activities for unexpected incotne losse5 for up to two years.
Our goal is to maintain financial reserves equivalent to three months, worth of our medium to long-tern]
financial commitments. This provides us wilh sufficieni flexibilit), to manage temporary shortfalls in income
and allows the church to respond effectively to UnfO￿$een emergencies while specific action plans are
implemented.
Granl maA"ingpolicies
All applications for grants should be made in writing to Ihe Trustees of Carlton Pentecostal Church.
The number of projects which can be supported by the Charity is, of necessity, limited to the amount of funds
available for distribution in any year.
Page 4

Carlton Pentecostal Church
Trustees, Report (continued)
Plans for fulure periods
Aims und key objeclivesforfulureperiods
Our vision for the future is for the church to continue to grow and be effective. We will continue to look at ways
to improve how. we can do this.
Our objectives will remain the same for the foreseeable future and in the next few years, we plan to continue
nning progratns and courses to help us achieve our aim5.
In the coming year, we plan to continue to upgrade the nursery facilities. This will include modernising one of
the nursery bathrooms and updating the flooring.
Long-temi plans will see us modernise the church diner area, including a new roof.
Page 5

Carlton Pentecostal Church
Trnstees, Report (contlnued)
Statement of Responsibilities
The trustees are responsible for preparing the trustees, rq)ort and the financial statements in a¢cordaDce with the
United Kingdom Accounting Standards ￿nited Kingdom Generally Accepted Accounting Practice) and
applicable law and regulations.
The law applicable to charities requircs the In￿tee5 to prepare fllwicial statements for each financial year which
give a true and fair view of the stat¢ of affaiT5 of the chaTity and of the incoming resources and application of
resources of the charity for that period. In preparing these financial statements, the trustees are required to."
select suitable ac¢ouDting policies and then apply them consist¢nily:
observe the methods and principles in the Charities SORP"
make judgements and estimates that are re&sonable and prndellt:
state whether applicable accounting standaTds have been followe￿ subject to any material departures
disclosed and explained in the fmancial statements: and
prepare the financial ststements on the going concern basis UDle&s it is inappropriate to presull￿ that the
¢I￿lty will continue in busin￿.
The trnst¢¢s are responsible for keeping proper accounting records that di5clos¢ with rwonable accuracy at any
time th¢ financial position of the charity and enable them to ensure thai the financial statements comply with th¢
Charities Act 2011, the ChaTities (Accounts and Rew)rts) Regulations 2008, and the provisions of the
ll5titution. The trustees are also responsible for safeguarding the assets of the clwity and hence for taking
reasonable steps for the prevention and detection of fraud and otber irregularities.
The trustees are responsible for the maintenance and integrity of corporate and financial information
included on the charitable coMpan￿S websile. Legislation govcrning the preparation and dissemination of
fmancial statements n]ay differ from legislation in other jurisdi¢tioDs.
The annual report vras approved by the INstees of the charity on .i.S.:.(n:14.. and signed on its behalf by."
'HeDsbaw
Tr￿ste¢
Pag¢ 6

Carlton Pentecostal Church
Independent Examiner's Report to the trustees of Carlton Penteeostal Church
Independent examiner's report lo the trustees of Carlton Pentecostal Church
L report to the trustees on my examination ol the accounts of Carlton Pentecostal Church (the Charity) for the
year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Charitv's accounts carried out under section 145 of the 201 l Act
and in carry'ing out my examination I have followed all the applicable direction5 given by the Charity
Commission under section 145(5)(b) of ihe Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 of the 201 l Act. I confirn] that l am qualified to undertake the examination because l am a rnember
and Fellow of the Association of Charity Independent Examiner5. which is one of the listed bodies.
I have completed my examination. I confirni that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the Charity as required by section 130 of the Act- or
2. the accounts do not accord with those records- or
3. the accounts do not comply with the accounting requirements concerning the forni and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true and faiv view which is not a matter considered as part of an independent exatnination.
I have no concerns and have come across no other matters in conneclion with the examination to which attentlon
should be dra￿￿ in this report in order to enable a proper understanding of the accounts to be reached.
John O'Brien MSC, FAIA. FCCA, FCIE. employee of Community Accounting Plus
Fellow of the Association of Charity Independent Examiners
Units l & 2, North West
41, Talbot Street
Nottingham
NGI 5GL
2410912024
Page 7

Carlton Pentecostal Church
Statement of Financial Activities for the Year Ended 31 Deeember 2023
Totsl
2023
Total
2022
Unrestricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
95,656
4?7,095
96,858
2,098
95,656
427,095
96,858
2,098
I lJ,240
92,923
510
Total Income
6?1,707
621,707
659,984
Expenditure on:
Charitable activities
(632.795)
(63?.795)
(534,203)
Total Expenditure
(6J2.795)
(632,795)
(534,203)
Net movement in funds
(11,088)
(11,088)
125,781
Reconciliation of funds
Total funds brought fonvard
915,515
915,515
789,7J4
Total funds carried forward
904,427
904,427
915,515
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages I I to 18 forni an integral part of these financial statements.
Page 8

Carlton Pentecostsl Church
(Registration number: 1052575)
Balance Sheet as at 31 December 2023
2023
2022
Note
Fixed assets
Tangible assets
13
476.273
498,219
Current assets
Debtors
Cash at bank and in hand
14
6,325
429,139
12.983
412,302
15
435,464
425285
Creditors: Amounts falllng due wltlthi One year
Net currenl assets
16
(7,310)
7,9891
428,154
417,296
Net assets
904,427
915,515
Funds of the charity:
Unrestri¢ted Incon￿ funds
Unrestricted fimds
904.427
915,515
Total funds
904,427
915,515
The financial statements on pages 8 to 18 were approved by the trustees, and authorised for issue on
.1£1Q912Q24 and signed OD tbeir behalf by:
Shaun Holt
Trustee
The notes on pages l I to 18 forni an ititegrdl part of th¢sc financial stat¢ments.
Page 9

Carlton Pentecostal Church
Cash Flow Statement for the Year Ended 31 December 2023
2023
2022
Note
Cash flows from operaling activities
Net cash (expenditure)/income
(11,088)
125,781
Adjustments to cash fioils from non-cash items
Depreciation
Investment income
24,946
(2,098)
11,760
26,176
(510)
151,447
Working capital adjuslments
Decreasel(increase) in debtors
(Decrease)/increase in creditors
14
6,658
(679)
(J,580)
797
16
Net cash flows from operating activities
148,664
Cash flows from investing activities
Interest receivable and similar income
Purchase of tangible fixed assets
2,098
(3,000)
510
(27,682)
13
Net cash flows from investing activities
(902)
(27,172)
Net increase in cash and cash equivalents
16.837
121,492
Cash and cash equivalents at l January
412,302
290,810
Cash and cash equivalents at 31 December
429,139
412,302
Reconciliation of net cash flow to movement in net funds
Increase in cash
16,837
121,492
Net funds at l January 202)
412,302
290,810
Net funds at J l December 202J
429,lJ9
412,302
All of the cash flows are derived from continuing operdtions during the above two periods.
The notes on pages I I to 18 forni an integral part of these financial statements.
Page 10

Carlton Pentecostal Church
Notes to the Financial Statements for the Year Ended 31 December 2023
l Accounting policie5
Statement of cotnpliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of
Recommended Practice issued in October 2019, the Financial Reporting SiandaTd applicable in the United
Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Ba515 of preparatio
Carlton Pentecostal Church meets the definition of a public benefit entity under FRS I O? Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise slaied in the relevant accounting
policy notes.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material
uncertainties related to events or condllions thal may cast signiflcant doubt on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a period of one year from the date
of approval of the financial statements.
Income and endowments
Voluntary income including donations. gifts. legacies and grants that provide core funding or are of a general
nature is recognised when the charity has entitlement to the income. it is probable that the income will be
received and the amount can be tnea5ured with 5UtTicient reliability.
Donalions and legacies
Donations and legacies are recogni5ed on a receivable basis when receipt is Probable and the amount can be
reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the fund5 and any conditions linked to the grants
have been met. Where performance conditions are attached to the grant and are yet to be met. the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there 15 a legal or constructive obligatiOT] to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All cost5 are allocated to the applicable
expenditure heading that agtrregate similar costs to thai ¢aieoorn'. Where costs cannot be directly attributed to
particular headings the>. have been allocaied on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Charitable aclivikies
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both cosis thai can be allocated directly to such activities and those costs of an
indirect nature necessary to support ihem.
Pagell

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue
are recognised in income over the period in which the related costs are recognised. Grants relating to assets are
recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred: it is
recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gain5 received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable
Gain5 Act 1992, to the extent that such income or gain5 are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed a55ets costing £500.00 or more are initially recorded at cost. less any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
Depreciation and amort15atio
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value. over their expected useful economic life as follows:
Asset class
Freehold land & buildings
Motor vehicles
Furniture & equipment
Depreciation method and rate
20/0 straight line
25 % reducing balav]ce
15 % reducing balance
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary
course of business.
Trade debtors are recognised initially at the transaction price. They are subsequentlN' measured at amortised cost
using the effective interest method. less provision for impaimient. A provision for the impairnient of debtors is
established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original ternis of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other 5hort-tenn highly liquid
investments that are readily convertible to a known amount ol cash and are Subject to an insignificant risk of
change in value.
Fund structure
Unrestricted income funds are general fund5 that are available for Use at the t￿Stee5, discretion in furtherance of
the objectives of the charity.
Page 12

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held
separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the
contributions payable by the charity during the year.
2 Income from donations and legacies
Unrestricted
funds
General
Total
2023
Total
2022
Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
95.656
95.656
112,665
575
95,656
95,656
113,240
3 Grants and donations
Unrestricted
funds
Total funds
Sundry donations
95.656
95,656
95,656
95,656
4 Income from ¢harilable aclivilies
Unrestricted
funds
General
Total
2023
Total
2022
Fees
426,661
420
14
426,661
420
14
452,557
540
214
Hall hire
Sundry income
427,095
427,095
453,311
5 Ineome from other trading activities
Unrestricted
funds
General
Total
funds
Total
2022
Trading income;
Shop income from sale of donated goods and
services
96,858
96,858
92,923
96,858
96,858
92,923
Page IJ

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
6 Investment income
Unrestricted
funds
General
Total
2023
Total
2022
Interest receivable and similar income-
Interest receivable on bank deposits
2,098
2,098
510
7 Expendilure on charitable activities
Unrestricted
funds
General
Total
2023
Total
2022
Advertising & promotion
Activities & trips
Insurance
Homeless ministry
Grants & donations paid
Equipment, repairs & renewals
Legal & professional fees
IT costs
Bank Charges
Cleaning
Food
Sundry payments
Depreciation
Premises maintenance & security
Printing, copying & stationery
Publications & subscriptions
Rent & services
Saturday cinema
Transport
Supplies
Telephone & postage
Trade waste
Training
Utilities
Vehicle costs
Wages, NIC & pension5
34
158
4,666
200
9,526
13,962
4,070
210
542
5,245
500
7,959
41,057
4,367
1,296
195
5,245
500
7.959
41.057
1.296
195
565
692
12,555
258
12.419
12,419
24.946
252
24.946
252
26,176
591
461
6,106
7.500
1.002
655
6.106
7,500
1,002
655
7,500
238
69
9,561
1,109
3,032
671
14.985
1,756
3,911
2,438
14,985
1,756
2,438
16,735
2,660
475,418
19,408
1,823
412,713
2.660
475,418
63? 795
632,795
534,203
Page 14

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
8 Independent examiner'5 fee5
During the period, the fees payable (excluding VAT) to the charity's independent exarniner Community
Accounting Plus are analJ'5ed as folloii's=
2023
2022
Independent examination
Other financial services
1.565
1.931
1,450
1,732
9 Net incomingloutgoing resources
Net (outgoing)/incoming resources for the year include:
2023
2022
Depreciation of fixed assets
24,946
26,176
l O Truslees remuneration and expenses
During the year the charity made the following transactions with trustees:
Shaun Holt
Shaun Holt received remunerdtion of £i3,666 (2022: £il,786) and £Nil (2022: £lil) of expenses were
reimbursed to Shaun Holt during Ihe year.
Gross Salary £29,856 (2022.. £28.13J)-
Employer NI contributions £2:865 (2022-. £2,777)-
Employer pension contributions £945 (2022= £876).
Clause l 0.3 of the Charity s governing document allows a member of the Church Council (the trustees) to be
employed by the charity.
No trustees have received any other benefits from the charity during the year.
Page 15

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
I I Staff costs
The aggregate payroll costs were as folloivs=
2023
2022
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
446,312
19,766
9,340
387,919
16,810
7,984
475,418
412,713
The monthly average number of persons (including senior management team) employed by the charity during
the y.ear w'as as follows=
2023
2022
Employees
28
20 (2022 - 21) of the above employees participated in the Defjned Contribution Pension Schemes.
Contributions to the employee pension 5cheme5 for the year totalled £9,340 (2022 - £7,984).
No employee received emoluments of tnore than £60,000 during the year
The total employee benefits of the key mavjagement personnel of the charity were £64,653 (2022 - £62,591).
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
Page 16

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
13 Tangible fixed a55ets
Land and
buildings
Furniture and
equipment
Motor vehicles
Total
Cost
At l January 2023
Additions
750,000
150,416
4.000
904,416
3,000
At il December 202)
750,000
153,416
4,000
907.416
Depreciation
At l January 2023
Charge for the year
J15,000
15,000
406,197
24,946
9.914
At 31 December 2023
330,000
97,238
3.905
431,143
Net book value
At 31 December 2023
4?0,000
56,178
95
476,27)
At JI December 2022
435,000
63,092
127
498,219
14 Debtors
2023
2022
Trade debtors
Prepayments
Other debtors
5,067
1,071
187
1,354
1,629
15 Cash and cash equivalents
2023
2022
Cash on hand
Cash at bank
971
428,168
157
412,145
429,lJ9
412,302
16 Credilors: amounls falling due within one year
2023
2022
Other taxation and social Security
Other creditors
Accruals
5,390
4,625
1,486
1,878
1.920
7.989
Page 17

Carlton Pentecostal Church
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
17 Related partv transactions
During the year the charity made the following related party transactions..
F Holt
(Daughter-in-law of D Holt)
Remuneration of £27,489 (2022 - £?3,900). At the balance sheet date the amount due to/from F Holt was £Nil
(2022 £Nil).
Page 18