OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2024-12-31-accounts

2024 has been a good year for church. Seeing a rise in the number of people attending and also younger people coming to church. Our work at the Beacon Centre has begun, its has given us a venue to do community work and meet new people. We have established a monthly meeting, weekly coffee mornings and also appointed a chaplain to help residents and service users.

We have run a successful Alpha course and have seen people baptised and become part of the church family. We have run our first bereavement course.

Pastor Steve Hyde on behalf of the church council

SEDGLEY COMMUNITY CHURCH

BILSTON STREET

DUDLEY

DY3 1JB

Registered Charity: 1052785

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2024

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: 07710 456376

E-mail: luke-silver@puresilver.org.uk

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Sedgley Community Church

Registered Charity Number 1052785

On the accounts for the year ended 31 December 2024

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity¹s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: examine the accounts (under section 145 of the 2011 Act); follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act); and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 21 March 2025

Luke Silver HNC Business & Finance Accountancy Practitioner

25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the Treasurer, and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Act 2011 and the 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. 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 further clarification or for further assistance.

Luke Silver

Date: 21 March 2025

SEDGLEY COMMUNITY CHURCH

REPORT OF THE TRUSTEES OF FOR THE YEAR ENDED 31[ST] DECEMBER 2024

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

REACH ALL AGE GROUPS IN THE COMMUNITY AND BEYOND WITH THE GOSPEL AND TO SEE CHRIST FORMED IN THEM, PROMOTE DISCIPLESHIP AND DEVELOP GIFTING IN EACH INDIVIDUAL IN ORDER TO ENCOURAGE MINISTRY THAT WILL TEACH THE WORLD.

TRUSTEES

The trustees during the year were as follows:

Stephen Hyde

Stephen Goodall Andrew Bache

Joseph Ferris

Joshua Hyde

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Sedgley Community Church

Statement of Financial Activities for the year ended 31st December 2024

Notes Unrestricted Designated Restricted Total Total
Funds Funds Funds
2024 2024 2024 31.12.24 31.12.23
£ £ £ £ £
Resources Arising
Donations, Legacies and Similar 3a 95,152 0 0 95,152 72,012
Incoming Resources
Investment Income 3c 288 0 0 288 348
Other Incoming Resources 3d 13,752 0 0 13,752 15,672
Ark of the Ministry 0 0 0 0 0
Total Incoming Resources 109,192 0 0 109,192 88,032
Resources Used
Direct Charitable Expenditure
Grants Payable in Furtherance of 4a 18,350 28 0 18,378 18,112
the Charitable Objects
Costs of Activities in Furtherance 4b 54,204 0 0 54,204 48,922
of the Charitable Objects
Resources Expended on Managing 4c 1,885 0 0 1,885 1,934
and Administering the Charity
Total Resources Expended 74,439 28 0 74,467 68,968
Net Movement in Funds 34,753 (28) 0 34,725 19,064
Fund Balances b/fwd at 01.01.24 651,935 (33) 0 651,902 632,838
Transfers 0 0 0 0 0
Gains and Losses Building Valuation 0 0 0 0 0
Fund Balances c/fwd at 31.12.24 686,688 (61) 0 686,627 651,902

LAS

1 of 6

21/03/2025

Sedgley Community Sedgley Community Sedgley Community Church
Balance Sheet Notes 2024 2023
£ £ £ £
Fixed Assets
Tangible Assets 2 615,246 615,274
615,246 615,274
Current Assets
Debtors & Cash in Hand 5 71,381 36,628
Creditors:amounts falling due within one year 6 0 0
Net Current Assets 71,381 36,628
Total Assetsless current liabilities 686,627 651,902
Creditors:amounts falling due in more than a 7 0 0
year
Net Assets 686,627 651,902
Capital and Reserves
Income Funds:
General Fund 686,627 651,902
686,627 651,902

LAS

2 of 6

21/03/2025

Sedgley Community Church

Notes to the Accounts for the year ended 31st December 2024

1.Accounting Policies

(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.

(b) The recommendations of charities SORP have been followed in the preparation of these accounts.

2. Tangible Fixed Assets
Equipment
Cost
01-Jan-24
Revaluation
Cost at
31-Dec-24
Depreciation
01-Jan-24
Charge
Depreciation at
31-Dec-24
Net Book Value
31-Dec-24
Net Book Value
31-Dec-23
Land &
Building
£
615,089
615,089
0
0
0
615,089
615,089
Fixtures,
2023
Fitting &
Equipment
Total
£
£
47,912
663,001
0
0
47,912
663,001
47,727
47,727
28
28
47,755
47,755
157
615,246
185
615,274

The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2024 : None 31st December 2023 : None

LAS

3 of 6

21/03/2025

Notes to the Accounts for the year ended 31st December 2024 (continued)

3. Incoming Resources
a) Donations, Legacies and Similar
Incoming Resources
Weekly Offerings
Gift Aid Donations
Other Gifts
b) Investment Income
Bank Interest
c) Other Incoming Resources
HMRC Tax Reclaimed
Youth Tuck Shop
Outside Organisations
Total Incoming Resources
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2024
2024
2024
31.12.24
31.12.23
£
£
£
£
£
44,571
0
0
44,571
24,226
49,250
0
0
49,250
45,321
1,331
0
0
1,331
2,465
95,152
0
0
95,152
72,012
288
0
0
288
348
288
0
0
288
348
12,902
0
0
12,902
14,824
0
0
0
0
0
850
0
0
850
848
13,752
0
0
13,752
15,672
109,192
0
0
109,192
88,032

LAS

4 of 6

21/03/2025

Notes to the Accounts for the year ended 31st December 2024 (continued)

4. Resources Expended
a) Support Costs
Mortgage Interest
Utilities
Insurance
Repairs & Maintenance
Equipment Costs
Refreshments
Cleaning
Depreciation
Other
b) Costs of Activities in Furtherance of the
Charitable Objects
Ministry Fees
Pastoral Expenses
Church Outreach
Beacon Centre
Subscriptions
Conference
Ministry Gifts
Mission Giving
c) Resources Expended on Managing and
Administering the Charity
Administration
Professional Fees
Bank Charges
DBS Checks
Sundries
Total Resources Expended
5. Cash at Bank and in Hand
Cash at Bank & In Hand
HSBC Current Account
HSBC Business Money Manager
Dudley Building Society
Kingdom Bank Account
Debtors
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2024
2024
2024
31.12.24
31.12.23
£
£
£
£
£
0
0
0
0
2,724
8,998
0
0
8,998
7,054
983
0
0
983
1,233
1,384
0
0
1,384
596
1,265
0
0
1,265
2,278
280
0
0
280
615
2,126
0
0
2,126
1,813
0
28
0
28
33
3,314
0
0
3,314
1,766
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2024
2024
2024
31.12.24
31.12.23
£
£
£
£
£
0
0
0
0
2,724
8,998
0
0
8,998
7,054
983
0
0
983
1,233
1,384
0
0
1,384
596
1,265
0
0
1,265
2,278
280
0
0
280
615
2,126
0
0
2,126
1,813
0
28
0
28
33
3,314
0
0
3,314
1,766
18,350
28
0
18,378
18,112
40,541
0
0
40,541
38,138
27
0
0
27
52
3,319
0
0
3,319
2,907
510
0
0
510
0
3,872
0
0
3,872
1,569
1,126
0
0
1,126
887
125
0
0
125
767
4,684
0
0
4,684
4,602
54,204
0
0
54,204
48,922
986
0
0
986
1,101
525
0
0
525
525
165
0
0
165
150
209
0
0
209
158
0
0
0
0
1,885
0
0
1,885
1,934
74,439
28
0
74,467
68,968
31-Dec-24
£
25,603
20,334
25,310
134
0
71,381
31-Dec-23
£
11,149
25,347
0
132
0
36,628

LAS

5 of 6

21/03/2025

Notes to the Accounts for the year ended 31st December 2024 (continued)

6. Creditors: Amounts Falling Due Within One Year

6. Creditors: Amounts Falling Due Within One Year
Kindgom Bank Property Trust Mortgage
Tax and National Insurance
Independent Examiners Fees
31-Dec-23
£
0
0
0
0
31-Dec-22
£
0
0
0
0

7. Creditors: Amounts Falling Due In More Than One Year

Kindgom Bank Property Trust Mortgage
8. Staff Costs and Numbers
Gross Wages and Salaries
Employer's National Insurance Costs (incl above)
Pension Contributions
31-Dec-23
£
0
0
2023
£
0
0
0
0
31-Dec-22
£
5,652
5,652
2022
£
0
0
0
0

The Charity had no employee's during the financial year.

No employees received emoluments of over £60,000. (2020: None)

The Charity operates payroll under a PAYE scheme.

LAS

6 of 6

21/03/2025

SEDGLEY COMMUNITY CHURCH

BILSTON STREET

DUDLEY

DY3 1JB

Registered Charity: 1052785

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: 07710 456376

E-mail: luke-silver@puresilver.org.uk

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Sedgley Community Church

Registered Charity Number 1052785

On the accounts for the year ended 31 December 2023

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity¹s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: examine the accounts (under section 145 of the 2011 Act); follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act); and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 25 March 2024

Luke Silver HNC Business & Finance Accountancy Practitioner

25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the Treasurer, and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Act 2011 and the 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. 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 further clarification or for further assistance.

Luke Silver

Date: 25 March 2024

SEDGLEY COMMUNITY CHURCH

REPORT OF THE TRUSTEES OF FOR THE YEAR ENDED 31[ST] DECEMBER 2023

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

REACH ALL AGE GROUPS IN THE COMMUNITY AND BEYOND WITH THE GOSPEL AND TO SEE CHRIST FORMED IN THEM, PROMOTE DISCIPLESHIP AND DEVELOP GIFTING IN EACH INDIVIDUAL IN ORDER TO ENCOURAGE MINISTRY THAT WILL TEACH THE WORLD.

TRUSTEES

The trustees during the year were as follows:

Stephen Hyde

Stephen Goodall Andrew Bache

Joseph Ferris

Joshua Hyde (Appointed 9 April 2023)

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Sedgley Community Church

Statement of Financial Activities for the year ended 31st December 2023

Notes Unrestricted Designated Restricted Total Total
Funds Funds Funds
2023 2023 2023 31.12.23 31.12.22
£ £ £ £ £
Resources Arising
Donations, Legacies and Similar 3a 72,012 0 0 72,012 67,579
Incoming Resources
Investment Income 3c 348 0 0 348 0
Other Incoming Resources 3d 15,672 0 0 15,672 19,673
Ark of the Ministry 0 0 0 0 0
Total Incoming Resources 88,032 0 0 88,032 87,252
Resources Used
Direct Charitable Expenditure
Grants Payable in Furtherance of 4a 18,079 33 0 18,112 18,699
the Charitable Objects
Costs of Activities in Furtherance 4b 48,922 0 0 48,922 47,057
of the Charitable Objects
Resources Expended on Managing 4c 1,934 0 0 1,934 1,915
and Administering the Charity
Total Resources Expended 68,935 33 0 68,968 67,671
Net Movement in Funds 19,097 (33) 0 19,064 19,581
Fund Balances b/fwd at 01.01.21 632,838 0 0 632,838 613,257
Transfers 0 0 0 0 0
Gains and Losses Building Valuation 0 0 0 0 0
Fund Balances c/fwd at 31.12.21 651,935 (33) 0 651,902 632,838

LAS

1 of 6

25/03/2024

Sedgley Community Sedgley Community Sedgley Community Church
Balance Sheet Notes 2023 2022
£ £ £ £
Fixed Assets
Tangible Assets 2 615,274 615,307
615,274 615,307
Current Assets
Debtors & Cash in Hand 5 36,628 44,075
Creditors:amounts falling due within one year 6 0 20,892
Net Current Assets 36,628 23,183
Total Assetsless current liabilities 651,902 638,490
Creditors:amounts falling due in more than a 7 0 5,652
year
Net Assets 651,902 632,838
Capital and Reserves
Income Funds:
General Fund 651,902 632,838
651,902 632,838

LAS

2 of 6

25/03/2024

Sedgley Community Church

Notes to the Accounts for the year ended 31st December 2023

1.Accounting Policies

(a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end.

(b) The recommendations of charities SORP have been followed in the preparation of these accounts.

2. Tangible Fixed Assets
Equipment
Cost
01-Jan-23
Revaluation
Cost at
31-Dec-23
Depreciation
01-Jan-23
Charge
Depreciation at
31-Dec-23
Net Book Value
31-Dec-23
Net Book Value
31-Dec-22
Land &
Building
£
615,089
615,089
0
0
0
615,089
615,089
Fixtures,
2023
Fitting &
Equipment
Total
£
£
47,912
663,001
0
0
47,912
663,001
47,694
47,694
33
33
47,727
47,727
185
615,274
218
615,307

The annual committements under non-cancelling operating leases and capital committements are as follows: 31st December 2023 : None 31st December 2022 : None

LAS

3 of 6

25/03/2024

Notes to the Accounts for the year ended 31st December 2023 (continued)

3. Incoming Resources
a) Donations, Legacies and Similar
Incoming Resources
Weekly Offerings
Gift Aid Donations
Other Gifts
b) Investment Income
Bank Interest
c) Other Incoming Resources
HMRC Tax Reclaimed
Youth Tuck Shop
Outside Organisations
Total Incoming Resources
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2023
2023
2023
31.12.23
31.12.22
£
£
£
£
£
24,226
0
0
24,226
22,439
45,321
0
0
45,321
44,135
2,465
0
0
2,465
1,005
72,012
0
0
72,012
67,579
348
0
0
348
0
348
0
0
348
0
14,824
0
0
14,824
18,908
0
0
0
0
0
848
0
0
848
765
15,672
0
0
15,672
19,673
88,032
0
0
88,032
87,252

LAS

4 of 6

25/03/2024

Notes to the Accounts for the year ended 31st December 2023 (continued)

4. Resources Expended
a) Support Costs
Mortgage Interest
Utilities
Insurance
Repairs & Maintenance
Equipment Costs
Refreshments
Cleaning
Depreciation
Other
b) Costs of Activities in Furtherance of the
Charitable Objects
Ministry Fees
Pastoral Expenses
Church Outreach
Youth Outreach
Subscriptions
Conference
Ministry Gifts
Mission Giving
c) Resources Expended on Managing and
Administering the Charity
Administration
Professional Fees
Bank Charges
DBS Checks
Sundries
Total Resources Expended
5. Cash at Bank and in Hand
Cash at Bank & In Hand
HSBC Current Account
HSBC Business Money Manager
Kingdom Bank Account
Debtors
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2023
2023
2023
31.12.23
31.12.22
£
£
£
£
£
2,724
0
0
2,724
2,240
7,054
0
0
7,054
8,577
1,233
0
0
1,233
997
596
0
0
596
477
2,278
0
0
2,278
3,628
615
0
0
615
355
1,813
0
0
1,813
839
0
33
0
33
38
1,766
0
0
1,766
1,548
Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
2023
2023
2023
31.12.23
31.12.22
£
£
£
£
£
2,724
0
0
2,724
2,240
7,054
0
0
7,054
8,577
1,233
0
0
1,233
997
596
0
0
596
477
2,278
0
0
2,278
3,628
615
0
0
615
355
1,813
0
0
1,813
839
0
33
0
33
38
1,766
0
0
1,766
1,548
18,079
33
0
18,112
18,699
38,138
0
0
38,138
35,384
52
0
0
52
262
2,907
0
0
2,907
1,415
0
0
0
0
1,569
0
0
1,569
1,010
887
0
0
887
2,251
767
0
0
767
1,725
4,602
0
0
4,602
5,010
48,922
0
0
48,922
47,057
1,101
0
0
1,101
1,036
525
0
0
525
525
150
0
0
150
150
158
0
0
158
204
0
0
0
0
0
1,934
0
0
1,934
1,915
68,935
33
0
68,968
67,671
31-Dec-23
£
11,149
25,347
132
0
36,628
31-Dec-22
£
43,944
0
131
0
44,075

LAS

5 of 6

25/03/2024

Notes to the Accounts for the year ended 31st December 2022 (continued)

6. Creditors: Amounts Falling Due Within One Year

6. Creditors: Amounts Falling Due Within One Year
31-Dec-23
£
Kindgom Bank Property Trust Mortgage
0
Tax and National Insurance
0
Independent Examiners Fees
0
0
7. Creditors: Amounts Falling Due In More Than One Year
31-Dec-23
£
Kindgom Bank Property Trust Mortgage
0
0
8. Staff Costs and Numbers
2023
£
Gross Wages and Salaries
0
Employer's National Insurance Costs (incl above)
0
Pension Contributions
0
0
31-Dec-22
£
20,892
0
0
20,892
31-Dec-22
£
5,652
5,652
2022
£
0
0
0
0

The Charity had no employee's during the financial year.

No employees received emoluments of over £60,000. (2020: None)

The Charity operates payroll under a PAYE scheme.

LAS

6 of 6

25/03/2024