TRUSTEES REPORT ON THE ACCOUNTS Receipts and Payments Accounts Report to the other trustees/members of Tipton Christian Church Registered Charity number 1052764 On the accounts for the year ended 31 December 2024 The income for Tipton Christian Church was £47,899 and the expenditure was £50,070. There have been no changes in Trustees during the year. Signed Mrs Carol Thomas Management Trustee/Church Treasurer Date
TIPTON CHRISTIAN CHURCH WATERLOO STRE TIPTON WEST MIDLAND5 DY4 8NR Registered Charity: 1052764 STATEMENT OF ACCOUNTS AND INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
TIPTON CHRisnAN CHURCH INDEX TO STATEMENTOF ACCOUNrs YEAR ENDEO 31 DECEMBER 2024 Contents Independent Examiners Report on ihe Accounts Report of the Trustee5 and the Churrh Council Report of theTrustees and the Chtsrch Council continued Surnmary Receipts and Payments Account Income Statement Expenditu Statement St3tement of A55ets and Liabilitie5
INDEPENDENT EXAMINERS REPORTON THE ACCOUPIt5 Rereipts atld paentsOurtts Report io th¢ trusteeslm¢mbErs of Mpton Chrtstlan Chur¢h On the accout)is forthe year ended 31 December 2024 Set out on the followlng p•ge5 Re$pective responslbllitie5 of trustees ond examlher The CharSty'S Tru5tee5 are responsible for the pparatIon of occounts. The charlty's trustee5 consfjderthat an avdrf( Is not required for this year under section 144121 of the Charities Att 2011 Ithe 2011 Actl and that an Independent Examination is needed. Examine the accounts under section 145 of the 2011 Att Follow the procedures laid down in the General DirectiQn5 gn lry theCharitycomrni551oners under section 145151 Ibl of the 2011 ACL. and Stète whether partitular matters have corne io my attention Basls of IndÈpendeni examiner5 report My examination was carrled out in accordantewith the General Dlrectit>n5 Biven by the Chartty Commission. An examination Includes a review of the actovntin8 record5 kept by thecharity and a cotnpari50n of the at¢ounts presentetl with those record5. It also include5 consideration of any unusual items or d[oSure$ in the ac£¢)vnts. 8nd seeking explan8tions frorn ihe Trustee5 corscernin8 any such matter5. The procedures undertaken do not providÈ all the eviden£e that would be required in an audiL and Consequeryt no opinion is 8Tven as to whether the accounts present a'true and fairview. and the report Is limited to those matters sei out in the 5tsterneni below. Independent exarnlnets staiement In connettion with my examination. no matter ha5 cometo my atteniron= which gives me reasonable cause to believethat in any materral re5pert The requirnents to keep accounting records in 8ccordanfe wilh section 130 of the 2011 Art- and to prepare 8ccounts which accord with the accoufitiThE records and rornpty wfth the accountin8 requirernents of the 2011 Art have noi been met.. or to which, Irb my opinion. attention should be drawn In orderto enable a proper under5trndin8 of ihe accounts to be reèched. Si8ned Oate M Slater FMAAT ?U/84/k/3 Pale I
PTON CHRISTIAN CHURCH REPORT OFThETRVSTEESANDTHE CHURCH COUNaL FOR THE YEAA ENDED 31 DECEMBER 2024 AvrnEs REVIEW The financi31 results are Set our in the eficlosed attounts. The principal sctivity throughout the year under review VRS that of the advancement of the(hr10Th laith arrtl the extension of the Kingdorn of God. Mana ement Trustees Church Councll Pastor Steven Geor8e Peath Carol Thomas Helen Peach Dalsy Agudetse Erlc Oenteh Holdln Truste The Charltycommlsslon Inde endent Examlner Motthew Slater FMAAT MTS Atcountancy Setyltt5 Llmlted Kenant Chambers 2 Bath Avenue Wolvefhampton West Mldlands WVI 4EQ Achlevement$ and Performance The trustees have been prudent in the managerneni of the Church by keeping costs lower regardle55 of the cost of living crisis. The Church has di5char8ed all overhead5 relating to the premises. The Church has arran6ed maintenance has arransed maintenance of the emunds. Dvrlng the forthcoming ye?r. the Trustees will contlnue to lurtherthe work of the Church In wrsuin8 its objertives which has seen as increase Sn attÈndee5. The major risk to which the Church FS exw)5ed 15 the lack of coThtinuiTr8 fundin8. ThÈ Twstee5 ore Continual strivin8 to ensure that the appropriate level of fvnding continues. s Pollc The Tru5tee5 conslder that the fund5 Within the Church oreat a level to coveroperntional costs for 3 months. The reserve5 which consist mainly of cash at bank. are needed to brid8e the fvndtn8 tap between sFendin8 on the Church'5 overheads and the Teceipts of new funds. Flnanclal revlew The Church receives denatlons. grants and income which arethen utili5ed In aChi181he objects of the Church. Durln8 the yearto 31 Decernber 2024, thechurth rtceived donations. Brants and Income amounting to E49.89912023.. £42,772) out of whSch £50,07012023: £50.3401 was spent in pursuit of the Church'5 obJ'ective5. Governl document Tipton Christlan Church. 8 registered charSty. was registered on February 19961 re8tsiered numbeT 1052764 (Charity Commission for Enaland and Wales). Trustees ère recruited frorn the volunteer base and if they have experience and enthvsiasm to work w6th ihe rest of the tn15tee5 and meet the Chur¢h'5 objectives. Ob èrtiv $ and actfvltles The objects of the Church a=_ To advance the Christian fallh. • To relieve sickness and financlal hardship. To prornote and preserve Bood health tythe provlslon of funds. 8ood5 or5ervice5. To advènce education
PTON CHR15nAN aiuRCH REPORT OFTHETRUSTEES ANO THE CHURCH COUNaL FOR THE YEAR ENDED 31 DECEMBER 2024 AcnvmES REVIEWCOPfflNUEO_ STATEMENT We certify thèt the books, voucher5 and Infoim6tton produced io enablÈthe indewdent exarniTraiknn of our accounts to be conducted contain a full and correct record of our financial transartion5 and a£tThfities to the test of our knowledge and belief. IGNEO ON BEHALF OFTHE CHURCH COLINaL Pleèse print name Pè4e 3
TIPTON CHRISTIAN CHURCH REGISTERED CHARITY NUMBER 1052764 SVMMARY RECEIPTS PAYMENTS ACCOUNT FOR ThE YEAR ENDED 31 DECEMBER 2024 Recelpts 2024 2013 Paymehts 2024 2023 Church Givin8 41.170 33.478 Ministry Expenses 37.036 35,374 Other Income 6.729 9.294 Estsbllshment Expenses 8.133 9.951 Insurance Claim Administrat•Jn Exper 403 Church Departments Church Dertrnets Grants Church Famity ExperLSes 4.121 4,612 Church Fund Accounts Church Flind Accounts Total 47.899 42.772 Total 50.070 50.340 Balances at 31 December 2024 Barclays Bank.. Treasurer5 Account Active SaverAccount Dep3rtments'. Teenscene Oalances * i January2024 Barclays Bank.. 5.446 Community Account AttNe SaverAccount Departments.. 364 Teenscene 386 J4K 220 Toddlers 36 TCAG 467 Tuck Shop 2W JAM 6(KJ CAP Fund 748 Defibrillator Fund 7.670 364 386 220 89 467 2(A) J4K Toddlers TCAG Tuck Shop JAM CAP Fund Total 8.467 Total 10,744 Paue 4
TIPTON CHRisllAN CHURCH REGISTERED CHARrrY NUMBER 1052764 INCOME STATEMENT FOR THEYEAR ENOED 31 OÉCEM8ER 2024 2024 2013 Church Givlng Offerings Gift Aid ITax 83ckl Total Church Giving Income 33.886 7.284 25.380 8.(88 41.170 33.478 Other Income 6.729 9.294 Insurance cl¥lm Loss of income Church Departmenis Teenscene J4K Toddler5 TCAG Tuck Shop JAM Total Church Departments Income Grant5 Sandwell M8C Coronaviru5 Job Retention Scheme Total Grants Income Church Fund Accounts CAP Defibrillator Fund Total Church Fund Accounts Income Total Income 4799 42.712 Poze 5
TIPTON CHRisnAN CHURCH REGISTERED CHARITY NVMBER 1052764 EXPENOITURE STATEMENf FOR THE YEAR ENDED 310ECEMBER 2024 2024 2023 Mln15try Expense$ Wages PAYE Workplace pension Toial Ministry Expenditure 27.848 6.9(Kl 2.288 27.057 5.986 2.331 37.036 35.374 Estab115hmeni Expense5 Gas 3LK) 4.2(N) 391 911 1.816 2.241 233 952 37 2.494 777 1.047 354 Water Telephone and Inrernei Cleaning Church Equipment Building Mainienance Church Insurante Waste Collection Total Establishrnent Expenélture 243 470 I,Z38 8.133 9.951 AdmlTrlstratton Expenses Stationery Accountancy fees Total Administration Expendltu 324 456 403 403 Church Departments Teenscene J4K Toddler5 TCAG Tuck Shop Refresh Youth Tuck Shop IAM Total Church OÈpartrnents Expenditu Church Family Expenses Miscellaneous Cash Expenditure Youth Expenditure Totèl Churrh Farnily Expendlture 4,121 4.612 4,121 4.612 Church Fund Accounts CAP Fund Expenditure Total Church Fund Accounts Expenditure Total Expendlture 50,070 50.340 Page 6
nPTON CHRISTIAN OIVRCH REGISTERED CMARrrY NUMBER 1052764 STATEMENT QF ASSETS AND LL481LmES AT 31 DEMBER Z024 2023 xed Assets Church Premises Contents of pmISeS Total Nxed Assets 550.IMX) 49,912 599,912 550.orK) 49,912 599.912 Current Assets Barclays BBnk- Community Account Barclay5 Bank- Active saver Account Teen5ne 5.446 7.670 364 364 386 220 J4K Toddlers TCAG Tuck Shop JAM CAP Fund 220 36 467 2Crf) 467 2W 748 Total Current Assets 8.467 10.744 Total Ass¢t$ E4)8.379 610.656 NOTE TO ThE STATEMENT OF ACCOUNTS Fl¥ed Assets Church premise5 Of £550,OLX) have been included at valuation carr*d out by N WakErnaTh MRICS. Contents of prerneS of £49.912 have been Incltsded * current snsured valve. Note 2 Related Part Tran rtion5 Salary and expen5e5 paid to Pastor S. Peach totalled £37.03612023.. £35.3741. Paqe 7