King’s Church Cambridge Annual Report for the year ending 31st December 2024
Trustees Jean-Louis Beng Elouga Jerron Kotey Okai Patience Tilbury Pastor Julian Mabey Charity registration number 1054329 Principal Office King’s Church Cambridge 49-53 Tenison Road Cambridge CB1 2DG Accountants Mr Geoff Mann Bankers Lloyd's Bank, Sidney Street, Cambridge, CB2 3HQ.
King’s Church Cambridge
Annual Report for the year ending 31st December 2024
The trustees present their annual report together with the financial statements of the Charity for the year 01 January 2024 to 31 December 2024
1. Constitution
The church is a Registered Charity (no.1054329) with the name “King’s Church Cambridge.” The church is in fellowship with the Assemblies of God in Great Britain and Ireland. The Managing Trustees of King’s Church Cambridge are the “Church Council.” The trustees set out the general policy of the charity. The day to day affairs of the charity are run by the minister.
The church's property is vested in the Holding Trustees, overseen by Property Trust, Nottingham. New trustees are each appointed by the existing trustees. The Church is governed by a Trust Deed dated 9[th] January 2009. In accordance with the provisions of the Deed, the Managing Trustees have written a Management Document, which they have adopted as the Church’s subsidiary constitution.
2. Organisation
The Church leaders are appointed to guard, direct, teach and equip the members of King’s Church Cambridge so that they might be cared for, supported, and mobilised into charitable action (Acts 20:28; Ephesians 4:11-13; 1 Peter 5:1-4). The leaders give various members of King’s Church Cambridge areas of responsibility to help achieve our objects (cf. Acts 6:1-7).
Throughout 2024, the church had two paid staff, employed on a full-time basis.
All work done by members of the congregation outside this paid employment is carried out on a voluntary basis throughout. Currently our voluntary team members consist of approximately 50-60 people. For a further detailing of our organisation and operation, see the Trust Deed and the Management Document.
3. Objectives and activities
Policies and Objectives
Objects of the church
The objects of the Church ("The objects") are for the benefit of the public:
- (A) To advance the Christian faith in accordance with the statement in such ways and in such parts of the United Kingdom or world as the Church Council from time to time may think fit;
King’s Church Cambridge
Annual Report for the year ending 31st December 2024
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(B) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or world as the Church Council from time to time may think fit; and
-
(C) To advance education in such ways and in such parts of the United Kingdom or world as the Church Council from time to time may think fit.
Our policies are:
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1) Health and Safety Policy
-
2) GDPR and Personal Data Handling Policy
-
3) Social Media Usage Policy
-
4) Safeguarding Policy
-
5) Financial Reserves Policy
-
6) Gifts and Donations Policy
-
7) Risk Management Policy
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8) Payroll Policy
-
9) Purchasing policy
Achievements and performance
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit and reaching the community.
This year has been a productive and busy year for King’s Church and the church has been engaging successfully with the community. Financially, the church income has remained stable and is meeting all of its expenditure comfortably.
Treasure Kids – Treasure kids provides learning and social place for children between the age of 3-10 on Sunday mornings. This year the group has continued to meet successfully and in good numbers. A number of local families bring their children to Treasure Kids.
Elevate Youth group – This is held on Friday nights in the church cafe for young people around the age of 11- 18. The young people engage in games, fun activities, mentoring and life skills learning from a Christian perspective.
Ignite Young adults group – This is held on Sunday afternoons in the church cafe for young adults from the age of 18 upwards. The young adults from the local community attend and engage in games, fun activities, mentoring and life skills learning from a Christian perspective.
King’s Church Cambridge
Annual Report for the year ending 31st December 2024
Aspire Women Coffee Saturdays – On some Saturdays of the year, the women meet in the church cafe for a time of mentoring, socialising and learning. A number of women from the local communities attend on these Saturdays.
Exceed Men Saturdays – On some Saturdays of the year, the men meet in the church cafe for a time of mentoring, socialising and learning. A number of men from the local communities attend on these Saturdays.
Solidarity with local organisations – the church continue to work in solidarity with other local organisations in serving the local community. The church also serves the community by providing affordable venue for events.
The church continue broadcasting all our services live in support of those members of our congregation who are still not able to join in-person services.
4. Financial Situation
Going Concern
After making appropriate enquiries, The Board of Trustees are confident that the Charity has adequate resources to continue in operational existence for the foreseeable future. For these reasons, they continue to adopt the going concern basis in preparing the financial statements.
Reserves Policy
The Board of Trustees has carried out and reviewed their annual reserves policy. As part of this process, they have considered both the financial impact of risks facing the charity as well as reserves required for planned capital projects, future commitments and contingent events.
| Designated Funds | Note | Amount |
|---|---|---|
| Cessation of Operations | 1 | 93,104 |
| Capital Projects | 2 | 90,000 |
-
The Board of Trustees have agreed that the charity should hold 6 months operating expenses in reserve and in particular ring fence sufficient funds to meet creditors and obligations to staff should we be forced to cease operations.
-
The Board of Trustees have planned further capital projects for major building improvements, security system and a lift maintenance/replacement.
In 2024 the charity’s unrestricted income was £162,121 against £153,319 in 2023, an increase of £8,802 The unrestricted expenditure was £145,008 against £116,077 in 2023, an increase of £28,931.
Total end of year reserves went from £671,556 in 2023 to £688,669 in 2024, an increase of £17,113. £437,303 of the year end reserves at 31 December 2024 were tied up in Fixed Assets leaving free reserves at that point of £251,366
Statement of trustees’ responsibilities
The trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to;
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select suitable accounting policies and then apply them consistently
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observe the methods and principles of the Charities SORP (FRS102)
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make judgements and accounting estimates that are reasonable and prudent
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue business
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Report) Regulations 2008and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other regularities.
Approved by order of the members of the Board of Trustees and signed on their behalf by:
Jean-Louis Beng Elouga, Trustee Chairman
Date signed: 28/10/2025
KING'S CHURCH CAMBRIDGE
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS AND CHARITY INFORMATION
| CONTENTS | PAGE | |
|---|---|---|
| Report of the Trustees | 1 and 2 | |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Balance Sheet | 5 | |
| Notes to the Accounts | 6 to 10 | |
| MANAGING TRUSTEES | Jean-Louis Beng Elouga | |
| Jerron Okai | ||
| Patients Tilbury | ||
| MINISTER | Julian Mabey (until 26 July 2025) | |
| HOLDING TRUSTEES | Jean-Louis Beng Elouga | |
| Jerron Okai | ||
| Patients Tilbury | ||
| ADDRESS | 49-53 Tenison Road | |
| Cambridge | ||
| CB1 2DG | ||
| CHARITY REGISTRATION NUMBER | 1054329 | |
| INDEPENDENT EXAMINER | Geoff Mann | |
| Geoff Mann Limited | ||
| Dee House | ||
| Highworth Avenue | ||
| Cambridge | ||
| CB4 2BQ | ||
| BANKERS | Lloyds TSB Bank plc | |
| Sidney Street | ||
| Cambridge | ||
| CB1 2DG |
KING'S CHURCH CAMBRIDGE
PAGE 1
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
REPORT OF THE TRUSTEES
The trustees present their report and the accounts for the year ended 31 December 2024.
The accounts comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Church and of the surplus or deficit of the charity for that year.
In preparing those accounts, the trustees are required to:
-
(i) Select suitable accounting policies and apply them consistently.
-
(ii) Make judgements and estimates that are reasonable and prudent.
-
(iii) Prepare the accounts on the going concern basis unless it is inappropriate to presume that the Church will continue in business.
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(iv) Observe the methods and principals of the Charities SORP.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the Church and to enable them to ensure that the accounts comply with the Charities Act 2011.
They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Church is governed by a model trust deed for Assemblies of God Churches which was adopted on 9 January 2009, and is affiliated to the Assemblies of God in Great Britain and Ireland
Appointment of trustees
New trustees are appointed by a majority of trustees in office at that time.
KING'S CHURCH CAMBRIDGE
PAGE 2
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
REPORT OF THE TRUSTEES
Trustee induction and training
The trustees are currently reviewing the procedures in place for trustee induction and training by reference to guidance published by the Charity Commission.
Organisational structure
The trustees set out the general policy of the charity. The day to day affairs of the charity are run by the minister.
OBJECTS AND ACTIVITIES
The object of the Church is the advancement of the Christian religion by the proclamation and furtherance of the Gospel of God concerning His Son the Lord Jesus Christ, and the preaching and teaching of the Word of God by the Church in accordance with the Statement of Faith of Assemblies of God in Great Britain and Ireland as approved by the General Council from time to time.
ACHIEVEMENTS AND PERFORMANCE
These are covered by the Charity's Annual Report.
FINANCIAL REVIEW
These are covered by the Charity's Annual Report.
FUTURE DEVELOPMENTS
These are covered by the Charity's Annual Report.
This report was approved by the trustees on 24 October 2025 and signed on their behalf.
JEAN-LOUIS BENG ELOUGA TRUSTEE
PAGE 3
KING'S CHURCH CAMBRIDGE
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF KING'S CHURCH CAMBRIDGE
I report on the accounts of the Church for the year ended 31 December 2024, which are set out on pages 4 to 9.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINER
As the Church's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, 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 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 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
-
to keep accounting records in accordance with section 130 of the Act: and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ
PAGE 4
KING'S CHURCH CAMBRIDGE
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF FINANCIAL ACTIVITIES
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| INCOME | |||||||
| Offerings | 158,065 | 0 | 158,065 | 147,581 | 0 | 147,581 | |
| Rental income | 4,056 | 0 | 4,056 | 5,738 | 0 | 5,738 | |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| TOTAL INCOME | 1 | 162,121 | 0 | 162,121 | 153,319 | 0 | 153,319 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| EXPENDITURE | |||||||
| Charitable Expenditure | |||||||
| Church Operating Costs | 28,016 | 0 | 28,016 | 16,640 | 0 | 16,640 | |
| Grants Payable | 6,499 | 0 | 6,499 | 3,966 | 0 | 3,966 | |
| Management and Administration | 14,075 | 0 | 14,075 | 19,541 | 0 | 19,541 | |
| Ministry | 96,418 | 0 | 96,418 | 75,930 | 0 | 75,930 | |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| TOTAL EXPENDITURE | 2 | 145,008 | 0 | 145,008 | 116,077 | 0 | 116,077 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| 17,113 | 0 | 17,113 | 37,242 | 0 | 37,242 | ||
| TRANSFERS | 1(i) | 0 | 0 | 0 | 0 | 0 | 0 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| NET INCOME/(EXPENDITURE) AND | |||||||
| NET MOVEMENT IN FUNDS FOR | THE YEAR | 17,113 | 0 | 17,113 | 37,242 | 0 | 37,242 |
| RECONCILIATION OF FUNDS | |||||||
| TOTAL FUNDS BROUGHT FORWARD | 528,864 | 142,692 | 671,556 | 491,622 | 142,692 | 634,314 | |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ||
| TOTAL FUNDS CARRIED FORWARD | 545,977 | 142,692 | 688,669 | 528,864 | 142,692 | 671,556 | |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- |
STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES
There were no recognised gains or losses for 2024 or 2023 other than those included in the Statement of Financial Activities
PAGE 5
KING'S CHURCH CAMBRIDGE
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
BALANCE SHEET
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 4 | 470,149 | 470,149 | ||
| ----------- | ----------- | ||||
| TOTAL FIXED ASSETS | 470,149 | 470,149 | |||
| CURRENT ASSETS | |||||
| Debtors | 5 | 2,280 | 0 | ||
| Cash at bank | 249,870 | 237,910 | |||
| ----------- |
----------- | ||||
| TOTAL CURRENT ASSETS | 252,150 | 237,910 | |||
| LIABILITIES | |||||
| CREDITORS: amounts falling due | |||||
| within one year | 6 | 3,484 | 3,484 | ||
| ----------- |
----------- | ||||
| NET CURRENT ASSETS | 248,666 | 234,426 | |||
| ----------- | ----------- | ||||
| 718,815 | 704,575 | ||||
| CREDITORS: amounts falling due | |||||
| after one year | 6 | 30,146 | 33,019 | ||
| ----------- | ----------- | ||||
| NET ASSETS | 688,669 | 671,556 | |||
| ----------- | ----------- | ||||
| THE FUNDS OF THE CHARITY | |||||
| Unrestricted Funds | 545,977 | 528,864 | |||
| Restricted Funds | 142,692 | 142,692 | |||
| ----------- | ----------- | ||||
| TOTAL CHARITY FUNDS | 688,669 | 671,556 | |||
| ----------- | ----------- |
The accounts were approved by the trustees on 24 October 2025 and signed on their behalf.
JEAN-LOUIS BENG ELOUGA TRUSTEE
KING'S CHURCH CAMBRIDGE
PAGE 6
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
1 ACCOUNTING POLICIES
(a) BASIS OF PREPARATION OF ACCOUNTS
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Effective 1 January 2019) - (Charities SORP (FRS 102)), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
King's Church Cambridge meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
(b) INCOME
This is credited to the Statement of Financial Activities in the year to which it relates.
(c) EXPENDITURE
Includes all expenditure incurred in pursuing the charity's objectives, other than that which has been capitalised.
(d) CHURCH BUILDING
The trustees consider that the market value of the Church Building is in excess of its cost as shown in the accounts, and that in view of this there is no necessity to charge depreciation on the Building.
(e) DEPRECIATION
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Heating system 25% straight line basis Moveable equipment 25% straight line basis
Only purchases in excess of £500 are capitalised.
KING'S CHURCH CAMBRIDGE
PAGE 7
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
(f) DEBTORS
Trade debtors and other debtors are recognised at their settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discount due.
(g) CREDITORS AND PROVISIONS
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
(h) FUND ACCOUNTING
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
(i) TRANSFERS
A designated fund has been set up so that the charity's unrestricted funds not committed or invested in tangible fixed assets can be identified separately as general funds. Transfers are made annually to or from this designated fund to allow the general fund to be identified.
KING'S CHURCH CAMBRIDGE
PAGE 8
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
| 2 | EXPENDITURE | 2024 | 2023 | |
|---|---|---|---|---|
| £ | £ | |||
| Ministry | Hardship support | 1,300 | 1,000 | |
| Ministry support costs | 11,700 | 10,192 | ||
| Salaries | 76,632 | 55,216 | ||
| Speaker gifts, hospitality and | ||||
| mission donations | 6,786 | 9,522 | ||
| ----------- | ----------- | |||
| 96,418 | 75,930 | |||
| ----------- | ----------- | |||
| Grants Payable | Assemblies of God Projects | 6,499 | 3,966 | |
| ----------- | ----------- | |||
| Church Operating Costs | Gas, Electricity and Water | 12,983 | 1,674 | |
| Insurance | 2,272 | 2,127 | ||
| Repairs and Maintenance | 12,761 | 12,839 | ||
| ----------- | ----------- | |||
| 28,016 | 16,640 | |||
| ----------- | ----------- | |||
| Management and AdministrationCommunications | 6,286 | 5,144 | ||
| Independent Examination | 768 | 800 | ||
| Mortgage interest | 2,718 | 2,756 | ||
| Other Costs | 1,107 | 1,912 | ||
| Professional fees | 600 | 558 | ||
| Refreshments | 2,596 | 5,416 | ||
| Volunteer support costs | 0 | 2,955 | ||
| ----------- | ----------- | |||
| 14,075 | 19,541 | |||
| ----------- | ----------- | |||
| TOTAL EXPENDITURE | 145,008 | 116,077 | ||
| ----------- | ----------- |
KING'S CHURCH CAMBRIDGE
PAGE 9
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
3 STAFF COSTS
| The staff costs were: | 2024 | 2023 |
|---|---|---|
| £ | £ | |
| Wages and salaries | 72,615 | 54,182 |
| Social security costs | 2,107 | 0 |
| Other pension costs | 1,910 | 1,034 |
| ----------- | ----------- | |
| 76,632 | 55,216 | |
| ----------- | ----------- |
The average weekly number of staff employed by the charity during the year was 2 (2023 - 2)
No expenses were reimbursed to any of the trustees.
4
| FIXED ASSETS | Church | Building | Moveable | Total | |
|---|---|---|---|---|---|
| Buildings | improvements | Equipment | |||
| £ | £ | £ | £ | ||
| COST | Balance at 01.01.24 | 200,000 | 270,149 | 22,963 | 493,112 |
| Additions | 0 | 0 | 0 | 0 | |
| Disposals | 0 | 0 | 0 | 0 | |
| ----------- | ----------- | ----------- | ----------- | ||
| Balance at 31.12.24 | 200,000 | 270,149 | 22,963 | 493,112 | |
| ----------- | ----------- | ----------- | ----------- | ||
| DEPRECIATION | Balance at 01.01.24 | 0 | 0 | 22,963 | 22,963 |
| Depeciation | 0 | 0 | 0 | 0 | |
| Disposals | 0 | 0 | 0 | 0 | |
| ----------- | ----------- | ----------- | ----------- | ||
| Balance at 31.12.24 | 0 | 0 | 22,963 | 22,963 | |
| ----------- | ----------- | ----------- | ----------- | ||
| NET BOOK VALUE | At 31.12.24 | 200,000 | 270,149 | 0 | 470,149 |
| ----------- | ----------- | ----------- | ----------- | ||
| At 01.01.24 | 200,000 | 270,149 | 0 | 470,149 | |
| ----------- | ----------- | ----------- | ----------- |
PAGE 10
KING'S CHURCH CAMBRIDGE
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
| 5 | DEBTORS: Due within one year | 2024 | 2023 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Prepayments | 2,280 | 0 | |||
| ----------- | ----------- | ||||
| 2,280 | 0 | ||||
| ----------- | ----------- | ||||
| 6 | CREDITORS | 2024 | 2023 | ||
| Due within | Due after | Due within | Due after | ||
| one year | one year | one year | one year | ||
| £ | £ | £ | £ | ||
| Accruals | 784 | 0 | 784 | 0 | |
| Mortgage | 2,700 | 30,146 | 2,700 | 33,019 | |
| Social security and other taxes | 0 | 0 | 0 | 0 | |
| ----------- | ----------- | ----------- | ----------- | ||
| 3,484 | 30,146 | 3,484 | 33,019 | ||
| ----------- | ----------- | ----------- | ----------- |
7 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Tangible | 2024 | Tangible | 2023 | |||
|---|---|---|---|---|---|---|
| Asset | General | Total | Asset | General | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | £ | £ | |
| Church Buildings | 200,000 | 0 | 200,000 | 200,000 | 0 | 200,000 |
| Building Improvements | 270,149 | 0 | 270,149 | 270,149 | 0 | 270,149 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Tangible Assets | 470,149 | 0 | 470,149 | 470,149 | 0 | 470,149 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Debtors | 0 | 2,280 | 2,280 | 0 | 0 | 0 |
| Cash at Bank | 0 | 249,870 | 249,870 | 0 | 237,910 | 237,910 |
| Creditors Due within one year | 2,700 | 784 | 3,484 | 2,700 | 784 | 3,484 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Net Current Assets | -2,700 | 251,366 | 248,666 | -2,700 | 237,126 | 234,426 |
| Creditors Due after one year | 30,146 | 0 | 30,146 | 33,019 | 0 | 33,019 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| -32,846 | 251,366 | 218,520 | -35,719 | 237,126 | 201,407 | |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Net Assets | 437,303 | 251,366 | 688,669 | 434,430 | 237,126 | 671,556 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| General Funds | 0 | 251,366 | 251,366 | 0 | 237,126 | 237,126 |
| Designated Funds | 294,611 | 0 | 294,611 | 291,738 | 0 | 291,738 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Unrestricted Funds | 294,611 | 251,366 | 545,977 | 291,738 | 237,126 | 528,864 |
| Restricted Funds | 142,692 | 0 | 142,692 | 142,692 | 0 | 142,692 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | |
| Total Funds | 437,303 | 251,366 | 688,669 | 434,430 | 237,126 | 671,556 |
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- |
King’s Church Cambridge
Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge, CB4 2BQ
Dear Geoff
We confirm to the best of our knowledge and belief, and having made appropriate enquiries of other trustees of the church, the following representations given to you in connection with your independent examination of the accounts of the charity for the year ended 31 December 2024.
-
1 We acknowledge as trustees our responsibilities for preparing accounts which give a true and fair view and for making accurate representations to you. All the accounting records have been made available to you for the purpose of your independent examination of the accounts and all the transactions undertaken by the church have been properly reflected and recorded in the accounting records. All other records and related information have been made available to you.
-
2 The church has not had, or entered into, at any time during the year any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loans, or credit transactions) for the trustees or to guarantee or provide security for such matters.
-
3 The trustees are not aware of any breaches of law or regulations which would have a material impact on the accounts.
-
4 Except as detailed in the accounts, we are not aware of any significant transactions with related parties which would require disclosure, whether under Financial Reporting Standard 102 or otherwise. To the best of our knowledge and belief, the disclosures given in the accounts regarding control are correct.
-
5 The trustees confirm that in their opinion the church will continue as a going concern for a period in excess of twelve months from the approval of these accounts.
As minuted by the trustees at their meeting.
Trustee: Jean-Louis Beng Elouga
Date: 28/10/2025