THE WELL (COMMUNITY CHURCH BULWELL) 1 STRELLEY STREET BULWELL NOTTINGHAM NG6 8FR Registered Charity: 1052577 STATEMENT OF ACCOUNT AND INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ Mobile: 07710 456376 E-mail: luke-silver uresilver.or .uk INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Receipts and Payments Accounts Report to the trusteeslmembers of The Well (Community Church. Bulwell) Registered Charity number 1052577 On the accounts for the year ended 31•1 Decwnber 2024 Sot out on th• followlng pages Rospoctive rnsponslb511tle8 of trustees and oxaminor The charty's trustees are responsible for the preparation of the ￿)unts. The charity's trustees consider that an audit is not required for this year (urKJer section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibilty to: Examine the accounts (under section 145 of the 2012 Act: To follow the procedures laKI d￿4n in the General Directions given by the Charity Commission (under section 145{5)(b) of the 2011 Act,. and State whether particular matters have come to my attent￿n. Ba818 of Independent examln•V8 rnport My examinatbon was carried out in accordance with the General Directions given by the Charity Commissioners. An examination indudes a review ￿ the accounting records kept by the charity and comparison of the accounts presented wrth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanatTrons 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 consequentty no opinion is given as to whether the accounts a 'true and fair view, and the report is limited to those matters set out in the sL*ement below. Indopend•nt oxamlnerfs ststsment 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 wth section130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met: or (2) to which. in my opinion. attention shoukl be drawn in order to enable a proper understsnding of the accounts to be reached. Signed Date 30 April 2025 Luke Silver, HNC Business & Finance Accountancy & Taxation Services 25 Ellicombe Ck)se, Minehead, SomerseL TA24 6DQ THE WELL (COMMUNrrY CHURCH BULWELL) REPORT OF THE TRUSTEES AND THE CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 ACTIVITIES REVIEW The financial results are set out in the enclosed accounts. The principal activty throughout the year under review was that of the advancement of the Christsan religion by proclamatson ana tur(herance otihe Gospel ot Jesus Christ. Other charitable purposes as shall further the attainment of the above objective of the church. CHURCH MANAGEMENT MEMBERS AND TRUSTEES The members of the Church Management and trustees during the year were as follows Mr Wayne Bryan (Appointed 1 October 2024) Mrs Deborah Elena Bryan (Appolnted 1 October 2024) Miss Dorothy Scille Mrs Floren￿ Omuri Mr Trevor Tuitt (Resigned during the year) Mrs Ngaijake Tuitt (Resigned during the year) STATEMEKr We certify that the books. vouchers and infonnation produced to enable the independent examination of our accounts to be conducted contain a fvll and correct record of our financial transactions and activities to the best of our knowledge and belief. SIGNED ON BEHALF OF THE CHURCH COUNCIL Please print name Date icisjls INDEPENDENT EXAMINER'S REPORT TO CHURCH COUNCIL INTRODUCTION Thank you for submitting the accounts for independent examination. CHARITY LAW AND FINANCIAL REGULATIONS The independent examination has been carried out in accordan￿ with The Charities (Accounts and Reports) Regulations 1995 (statutory Instruments No 2724) and rhw Accounting by Charities Statement of Recommended Practice (SORP) SIGNING OF ACCOUNTS I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed. CONCLUSION There are no other matters I feel need to be brought to your attention. Please do not hesitate to contact me for clarification or for further assistan￿. Luke A Silver 30 April 2025 The Well, Communty Church Bulwell Summary Receipts and Payments For The Year Ended 31 st December 2024 Receipts 2023 2024 Expenditure 2023 2024 Donations (see note IN01) 31,764 36,288 Pastoravministy Expenses 9,571 Rentsl Income (see note IN02) 5,720 Establishment Costs 2,942 7,030 Church Activities (see note IN03) 157 341 Church Activities (see Note EX04) 15,086 4,168 Bank Interest AdministratK)n 2,989 3,306 Flat 150 493 Total 41,209 45.997 21,167 24,568 Balance BIFwd 01.0124 Balance CIFwd 31.12.24 Virgin Money WC 2990771 Virgin Money KBL Account 2226194 KBL Account 2226193 12.465 604 75.208 46.149 Virgin Money AIC 29907714 Virgin Money KBL Account 20014)0331-7 KBL Account 100141239 14,964 906 77,934 62,051 Cash Cash Total 134.426 Total 155,855 L4S Well. BU￿11 knxwnts 31.12.24 Summary 3010412025 The Well, Community Church Bulwell Re￿Ipts for the year ended 31 st December 2024 2023 2024 Donations (Note IN01) Offerings Gift Aid Cash standing Order Donations Gift Aid Tax Reclaim Mission 3.566 1.776 20.401 592 5.429 3,938 2.486 23.800 230 5,834 31,764 36,288 Rental Income (Note IN02) Flat Rent Flat utilities 5.640 5.720 5,640 5,720 Church Activities (Note IN03) Youth Camp Miscellaneous 157 341 157 341 Bank Interest 3.648 3,648 3,648 Total 41,209 45,997 LAS The Well, Bulwell Accounts 31.12.24 Income 3010412025 The Well, Communty Church Bulwell Payments for the year ended 31st December 2024 2023 2024 Pastorallmlnlstry Costs 9,571 Establishment Costs 2.942 7,030 Admlnlstration 2,989 3,306 Church Actlvlties (Note EX04) Youth & Children Tuesday Group Thursday Lunch Mission Miscellaneous Church Family 2,428 2,394 10,264 2.604 15.086 4,168 Flat Maintenance Flat Utilities 150 493 1111 150 493 Total 21,167 24,568 LAS The Well, BuKvell A(xounts 31.12.24 Exps 3010412025 The Well, Community Church Bulwell Statement of Assets and Liabilities As At 31 st December 2024 2022 2023 Fixed Assets Church Premises - Insuran￿ Value Contents of Premises 482,020 37.180 756,764 52,717 519.200 809,481 Current Assets Bank Balan￿s. Virgin Money AIC 29907714 Virgin Money KBL Account 2001-00331-7 KBL Account 1001-023994 Cash 12.465 604 75.208 46.149 14.964 906 77.934 62.051 134,426 1 $5,855 Total Assets 653,626 965,336 Current Liabilltes Nil Net Assets 653,626 965,336 LAS The Well, Bulwell A￿OUnts 31.12.24 Assets 3010412025