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← Sherwood Forest Community Church

2024-12-31-accounts

Sherwood Forest Community Church, Blidworth

Trustees report for end of year 2024

We have been a charity operating under the governing document ‘Model Constitution with Trust Deed for Local Assemblies of God’ in Great Britain. Our Charity number is 1052610. We claim Gift Aid back from the Inland Revenue for valid donations under reference XN71038.

The objects of the Sherwood Forest Community Church Charitable Trust are for the benefit of the public:

The Church Trustees in this period were:

Glenn Tyers (Chair), Mark Himsworth (Treasurer), John Bryant, Robert Rhodes and Lorraine Whitchurch.

Whose structure is:

Eldership – who watch over the spiritual welfare of the church and its activities.

Church Council – who meet quarterly as trustees (or more often if deemed appropriate) to consider all matters relating to the proper operation of the trust and its finances.

Leadership/Ministry Team – who make all necessary arrangements for the day-to-day operation of the Church activities including the running of smaller group situations operating under the Church banner. The administration of the Church is operated from within this team.

2024 Activities – a brief report

The Church undertakes an annual AGM with church members in attendance. This is done under prior notice to all to ensure the widest possible circulation. The next meeting will be scheduled using the latest accounts to December 2024 and this meeting is scheduled for January 2026, running alongside our vision meeting for the coming year. As is usual, the presentation will be circulated by Mark Himsworth (Trustee and Treasurer) ahead of the AGM and will include details of income and expenditure for the period and a summary of the position to date. The Church remains in a strong position financially.

At the AGM held in early 2025 on Vision Sunday Glenn Tyers, Church Leader, continued to expand the church vision. The proposed change of Church name and charity structure change occurred as of 1[st] July 2024, and this is reflected in the accounts for Sherwood Forest

community Church as of 31[st] December 2024. At the AGM the accounts were presented for both the ‘old’ charity (Sherwood Forest Community Church) and the ‘new’ Charity (Passion Church – Blidworth). Effectively not much altered operationally under the new CIO with many Gift aid arrangements from Church members being transferred to the new bank account for Passion Church. In addition, the regular support given to various mission charities have been retained but will remain under review to be completed by January 2026. The Church will continue to seek new opportunities to increase its impact within our local community. The 5 Core values for the Church were outlined again:

  1. Generous – Freely giving of our time, talent and treasure

  2. Relevant – Making God’s timeless message applicable to everyday life

  3. Authentic – We believe in journeying together and allowing people to be real about where they are at.

  4. Connecting – Connecting and reaching out. to our local community and wider world.

  5. Excellent - Aiming to be the best we can be.

Income has continued to recover slowly following the pandemic and credit crunch. The value of Gift Aid donations for the first six months of 2024 was £41199 compared with the full previous 12 months of £73140. Cash donations have not returned to pre-pandemic levels with a slight downward trend against 2023 receipts.

Glenn Tyers remains as the senior leader for the church, and chair of trustees for the charity. Glenn who had graduated in May 2023 is now operating as a full status minister with Assemblies of God. (AOG). He works part-time within the Church and is now supported by by Daniel Sunwar whose job title is Associate pastor. Daniel commenced his role with the church in September 2022, has continued to progress his training toward Full ministerial status – he is due to complete this training by early 2026. His skills have proved invaluable to the continued progress of the Church in areas of media, worship, preaching and developing networks in the community as well as with other Church leaders. The Church now has succession planning in place for such time as when Glenn Tyers seeks to step back from his role.

We remain active with other local Churches holding regular quarterly meetings in 2024.

Along with the support we give to local activities, the church supports several overseas projects financially. We are kept up to date on all these projects by newsletter, personal contact, and visits to the church to give personal updates. The Trustees keep under review the regular support provided to all the projects we support at home and abroad to ensure they remain relevant, or if they are strong enough now to support themselves; this may give us opportunities to support new projects.

We continue to develop home groups within our community to give a more personal opportunity for people to develop and grow in their Christian faith. The Church has continued to see a steady growth in the numbers attending Church on a Sunday morning as well as a deepening faith within the regular members. The commitment of the church leadership is to develop to the best of its ability strong links with other stake holders in the community to ensure all needs are being met. It is important to the church leadership that we are a church full of faith and remain vibrant through the outworking of God’s love within our communities here at home and overseas. We want to be ‘salt and light’ in our communities to help push back the darkness and bring the light of Christ into people’s lives.

The Church vision statement continues to be helping people to “FIND” Jesus, guiding them to discover that they do “FIT” into Gods family and that God has a plan for their life and that as they begin to “FUNCTION” with in the family of God they will discover and become everything God as created them to be. As we move toward 2026 the leadership continues explore plans for future church planting as numbers grow and resources become available.

The Charity trustees and leadership team affirmed its links to the Assemblies of God denomination and to be outward looking in its approach.

28[th] October

Prepared by Mark Himsworth – Trustee and Treasurer and shared with all Trustees prior to submission of the annual Charity Return

SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Contents Page Contents Legal and Administrative Statement of the Trustee's Responsibilities for the Financial Statements Independent Examiner's Report to the Trustees of Sherwood Forest Community Church Statements of Financial Activities Balance Sheet Notes to the Financial Statements 9t012 Turnaround Trading Account Appendix I Turnaround Balance Sheet Appendix11

SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 LEGAL AND ADMINISTRATIVE DETAILS Trustees The Trustees who served during the year were as follows: M Himsworth. J Bryant. G Tyers. R Rhodes L Whitchurch Indicates Propety Trust Holding Trustees Address of Charity Main Street Blidworth Mansfield Notts NG21 OPX Date of Registration of Charity 3 February 1996 Charity Number 1052610 Bankers National Westminster Bank plc PO Box 562 Nottingham NG12JH Independent Examiner Mr N Flaxman 8 Saddlers Croft North Wingfield Chesterfield Derbyshire S42 5NZ Activities The Sherwood Forest Community Church aim is the advancement of the Christian Religion by the proclamation and furtherance of The Gospel of God concerning His son Jesus Christ The Lord and the preaching and teaching of the Word of God and other such charitable purposes and the furtherance of the charitable work of the Church.

SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF THE TRUSTEE'S RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The purpose of this statement is to distinguish the trustee's responsibilities for the financial statements from those of the Independent Examiner as stated In their report. The Charities Act 1993 requires the Trustees to keep proper books of account with respect of the affairs of the charity, and to prepare statements of account for each accounting period consisting of a statement of the financial activities and a balance sheet. The Trustees are also responsible for safeguarding the Charity's assets, and hence for taking reasonable steps for the prevention and detection of error, fraud and other irregularities. In preparing the financial statements the Trustees are expected to . Select suitable accounting policies and apply them consistently making judgement and estimates that are reasonable and prudent . Follow the recommendations of The Charities Commission and of the accounting profession with regard to the form and content of financial statements, or to disclose and explain any departures there from: and Prepare the financial statements on an ongoing basis unless it is inappropriate to assume that the Charity will be able to meet its objectives. Signed on behalf of the Trustees G Tyers Trustee R Rhodes Trustee 27 October 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHERWOOD FOREST COMMUNITY CHURCH FOR THE YEAR ENDED 31 DECEMBER 2024 We report on the financial ststements of the Trust for the year ended 31 December 2024, which are set out on pages 5 to 12. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER As the Charity's trustees are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 does not apply. It is our responsibility to state, on the basis of procedures specified In the General Directions given by The Charities Commissioners under section 43(7) (b) the Charities Act 1993, whether particular matter have come to our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in accordance with the General Directions given by The Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a 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 we do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT. In connection with our examination, no matter has come to our attention: Which gives us reasonable cause to believe that in any material respect the requirement To keep accounting records in accordance with section 41 of the Charities Act 1993; and To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charitses Act 1993 have not been met. or To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr N Flaxman 8 Saddlers Croft North Wingfield Chesterfield Derbyshire S42 5NZ 27 October 2025

SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Year ended 31 Decenber 2024 2023 Unrestricted Restrlcted Funds Funds TOTAL INCOMING RESOURCES Collections Gift Aid Room Hire Income Tax Refunds Charitable Trading Shops Miscellaneous Donations Investment Income 4,142 41,199 660 9,346 4,142 41,199 660 9,346 8,509 73,140 18,398 15,628 7,733 3,115 5,196 1,537 5,196 1,713 176 TOTAL INCOMING RESOURCES 62,080 176 62,256 126,523

SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Year ended 31 Decenber 2024 Unrestricted Restrlcted Funds Fund8 TOTAL 2023 CHARITABLE EXPENDITURE Ministers within Church Salary Salaries Speakers Education, Lodging and Welfare Missions and Outreach Cleaning Lighting, Heat and Water Insurance Refreshments Sundry Equipment Purchases Repairs and Ground works Stationery and Advertising Subscriptions and Misc. Expenditurf Depreciation 19,640 11,390 150 2,902 14,155 1,549 3,778 19,640 11,390 150 2,902 14,155 1,549 3,778 38,280 23,257 3,195 33.571 2.637 5.887 1,489 4,969 865 12,410 547 4,231 1,151 3,092 750 11,761 524 918 863 3,092 750 11,761 524 918 863 TOTAL EXPENDITURE 71,472 71,472 132,489

SHERWOOD FOREST COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Year ended 31 Decenber 2024 Unrestricted Restrlcted Funds Fund8 TOTAL 2023 NET MOVEMENT IN FUNDS (9,392) 176 (9,216) (5,966) FUND BALANCES BROUGHT FORWARD 255,814 340,020 595,834 616,810 TRANSFER OF ASSETS TO PASSION CHURCH BLIDWORTH (246,422) (340,196) (586,618) (15,010) TRANSFER OF FUNDS FINAL FUND BALANCES 595,834

SHERWOOD FOREST COMMUNITY CHURCH BALANCE SHEET AS AT 31 DECEMBER 2024 Year ended 31 Decenber 2024 2023 Unrestrlcted Restricted Funds Funds TOTAL TANGIBLE FIXED ASSETS 342,653 CURRENT ASSETS Short Term Investments Passion Church Blidworth 254,770 1,940 Total Current Assets 256,710 LIABILITIES PAYE Liability Payroll Amounts due within one year 719 2,810 3,529 NET CURRENT ASSETS 253,181 TOTAL ASSETS LESS CURRENT LIABILITIES 595,834 LONG TERM LIABILITIES NET ASSETS 595.834 TOTAL FUNDS 595.834 Approved by the Board of Trustees on 27 October 2025 and signed on their behalf by: G Tyers Trustee R Rhodes Trustee

SHERWOOD FOREST COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS AS AT 31 DECEMBER 2024 1. ACCOUNTING POLICIES BASIS OF PREPARATION The accounts have been prepared under the Historical Cost Convention and in accordance with the Statement Of Recommended Practise on Accounting By Charities. CHANGE OF BASIS There has been no changes in the valuation rules and the methods of accounting since last year. CHANGES IN PREVIOUS ACCOUNTS There have been no changes to the previous years accounts. DEPRECIATION Depreciation is calculated to write down the cost of assets over their esb'mated useful lives. The rates are as follows :_ Fumiture, Fittings and Equipment Freehold Land and Buildings 25 % Reducing Balance Nil provided INTEREST RECEIVED Deposit account interest is received gross and is credited on a receivable basis. FIXED ASSETS Assets purchased by the Trust during the year are shown at cost. TAXATION The Charity was exempt from all charges to direct taxation during the year under review and any indirect taxation is paid as part of the cost of the particular expenses incurred. UNRESTRICTED RESERVES The Charity have accepted a policy that it will not hold more than twenty percent of its annual income, for undesignated purposes. 2. TRUSTEES During the year the following remuneration was paid to the trustees as follows; Namo 2024 2023 M Himsworth G Tyers 10,042 10,500 20,085 21,000 90,542 41,085

SHERWOOD FOREST COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 3. EXPENDITURE INDEPENDENT EXAMINER'S FEES The fees paid to the independent Examiner were as follows: 2024 2023 Examination Fees Other Fees 4. FUNDS Name of Fund Type of fund Purpose of Fund Building Fund Restricted To receive income specifically for the purchase of, building and maintenance of the church building The movement on these funds are shown in the Financial Activities Statement. 5. INVESTMENTS The short term investment held by the charity consist of monies held in reserve bank accounts. These accounts require no notice to be given for withdrawal. 2024 Unrestricted Restricted Funds Funds 2023 Total Current and Reserve Account Building Fund Reserve Account 0 234,924 19,846 0 254.770 10

SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 6. TANGIBLE FIXED ASSETS Freehold Property Fixtures Fittings & Equlp. TOTAL Cost or Valuation At 31 December 2023 339,201 95,817 435,018 Additions Transfer of assets to Passion Church Blidwort (339,201) (95,817) (435,018) At 31 December 2024 Depreciation At 31 December 2023 92,365 92,365 Transfer of assets to Passion Church Blidwort (93,228) (93,228) Charge for the year 863 863 At 31 December 2024 Net Book Value At 31 December 2024 At 31 December 2023 339,201 3,452 342,653 Depreciation Rate NIL provided 25 % Reducing Balance 7. TURNAROUND SHOP The charity has a trading division of a shop selling donated goods. The charity shop ceased trading on 18 January 2023, all residual expenses and income have been included in the attached accounts. The residual assets have then been transferred to Sherwood Forest Community Church for use within Charitable purposes. The results can be found in appendix l and11 11

SHERWOOD FOREST COMMUNITY CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 8. TRANSFER OF ASSETS TO PASSION CHURCH BLIDWORTH On the 1 July 2024 all of the assets and liabilites of Sherwood Forest Community Church were transferd into Passion Church Blidworth, a Chatitable Incorporated Organisation. Passion Church Blidworth is registered with the Charities Commission and will continue to carry out the same activities of that of Sherwood Forest Community Church. 12

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHERWOOD FOREST COMMUNITY CHURCH FOR THE YEAR ENDED 31 DECEMBER 2024 We report on the financial statements of the Trust for the year ended 31 December 2024, which are set out on pages 5 to 12. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER As the Charity's trustees are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by The Charities Commissioners under section 43(7) (b) the Charities Act 1993, whether particular matter have come to our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in accordance with the General Directions given by The Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a 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 we do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT. In connection with our examination, no matter has come to our attention: Which gives us reasonable cause to believe that in any material respect the requirement To keep accounting records in accordance with section 41 of the Charities Act 1993. and To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act 1993 have not been met" or To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr N Flaxman 8 Saddlers Croft North Wingfield Chesterfield Derbyshire S42 5NZ 27 October 2025