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← The Potters House Christian Centre Of South London

2024-12-31-accounts

Annual Report and Financial Statements for the Year Ended 31 December 2024

The Potter's House Christian Centre

Charity registration number: 1055728

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

THE POTTER'S HOUSE CHRISTIAN CENTRE

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Cash Flow Statement 10
Notes to the Financial Statements 11 to 20

THE POTTER'S HOUSE CHRISTIAN CENTRE

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

Dimitri Scarlett Adrian Kerr Seun Odeneye (resigned 5 May 2024) Isaac Frimpong

Charity Registration 1055728 Number Principal Office 14 Mayville Road London E11 4PJ Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers Lloyds TSB 20 Lewisham High Street Lewisham London SE13 6JG

Page 1

THE POTTER'S HOUSE CHRISTIAN CENTRE

TRUSTEES' REPORT

The Trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2024.

Structure, governance and management

Nature of governing document

The Potter's House Christian Centre is a registered charity, number 1055728, and is constituted under a Trust deed.

Recruitment and appointment of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

Organisational structure

The day to day running of the Church is delegated by the Trustees to the pastor and his assistant.

Risk management

The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

Objects and aims

The charity promotes the Christian faith through worship and through its regular activities for the community to which invitations are given out to the public.

Public benefit

The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Grant making policies

The church provides financial support for fellowship churches nationally and internationally.

Achievements and performance

Review of activities

We are pleased to report continued progress in our church’s growth and outreach efforts. Sunday service attendance has increased significantly, reflecting a growing interest and commitment within our congregation. Notably, we have seen a twofold increase in new converts joining the church, a twofold increase in rededications, a quadruple increase in water baptisms and twofold increase in Holy Ghost baptisms.

Page 2

THE POTTER'S HOUSE CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

Our annual International Day and Christmas Grotto outreach events remain highly successful, attracting numerous families from the community. These events highlight our commitment to being a family-oriented and welcoming church, and we strive each year to enhance their impact.

Children’s Ministry

(Nursery 0-3 years) As the church grows, so does our responsibility to provide a safe, nurturing space for our youngest members. We offer parents the option to leave their infants and toddlers with a dedicated nursery worker during each service, allowing them to engage fully in worship and teaching.

(4-11 years) We continue to be encouraged by the spiritual development of our children. An average of 45-50 children attend Children’s Church each week, where they grow in biblical knowledge and personal faith.

In 2024, we focused on spiritually enriching, age-appropriate themes, including: Dealing with Negative Behaviours; teaching emotional intelligence and biblical responses to everyday challenges. Money Matters; instilling principles of godly stewardship and gratitude. Hard Sayings; addressing difficult truths from Scripture in a child-friendly way.

Highlights of the year included the children’s joyful performance at the Christmas grotto, and hosting a vibrant children’s church during our nationwide conference. The theme, “Victory Over Circumstances,” guided a structured program of bible lessons, arts and crafts, games, and worship, creating a transformative and joyful atmosphere for all involved.

We remain deeply committed to planting seeds of faith that will flourish in the lives of our children for years to come.

Youth Ministry (Ages 12 – 18)

Over the past year, our church has witnessed a remarkable increase in youth participation and engagement. We are now blessed to welcome approximately 40 young individuals to our Sunday services, many of whom are actively involved in various ministries, contributing meaningfully to the vibrant growth of our congregation. In line with our commitment to nurturing the next generation, we have established a dedicated Youth Group for individuals aged 12 to 18. This initiative has become a cornerstone of our mission to invest in the future.

A key highlight from last year was our annual boot camp in August, where we had the privilege of taking 41 young people on a week-long journey of spiritual enrichment and community bonding. The experience was both impactful and uplifting, deepening relationships and strengthening our collective faith.

Our youth empowerment efforts extend beyond spiritual development. We offer a range of supportive services, including academic tutoring, sports activities such as football, and a safe, welcoming environment where young people can express their thoughts and concerns freely.

Page 3

THE POTTER'S HOUSE CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

We continue to host our youth activities at the Blue Community Centre, with regular gatherings held on the first three Saturdays of each month. Additionally, we facilitate structured debates, providing a platform for open dialogue and critical thinking on issues that matter to our youth.

These ongoing initiatives reflect our unwavering commitment to fostering a nurturing space where young people can grow, engage meaningfully, and flourish in their faith journey.

The Father's Club

2024 was a dynamic and impactful year for the Father’s Club, marked by a renewed focus on in-person engagement and creating meaningful spaces for fellowship, discipleship, and fatherhood development. Building on the momentum of previous years, we maintained our monthly meeting schedule while introducing innovative events that strengthened connections between fathers and their children.

We began the year with an in-person discipleship session addressing the challenges men face, particularly in the context of fatherhood. This set the tone for a year of open dialogue and personal growth.

In March, we hosted our first “ Father-Chef” event —a creative, family-cantered cooking competition where dads and children teamed up in a friendly challenge. The success of this event led to national media recognition, with a re-recording featured in a Father’s Day special by a major broadcaster, receiving positive feedback from a wide audience.

Our ongoing initiatives included a “ Father & Son Football Tournament ”, Game Nights, and our much-anticipated annual “ Father & Son Retreat ”, providing opportunities for spiritual enrichment and bonding. A standout new addition was the “ Daddy & Daughter Afternoon Tea ”, which allowed fathers to intentionally celebrate and affirm their daughters in a heartfelt and memorable setting.

We concluded the year with an in-person “ Dad Talk ,” shifting this previously online series into a live format, which proved deeply impactful. Looking ahead, the Father’s Club remains committed to equipping and empowering men to lead in faith, strengthen their families, and build a supportive, Christ-centred community.

My Sister’s Keeper

Our Ladies’ Ministry, My Sister’s Keeper, continues to experience steady growth and increasing impact year after year. Rooted in the ethos of “each one looking not only to their own needs, but also to the needs of others,” this principle remains the springboard for every initiative and event we host.

One of our foundational goals has been to bridge the gap between generations, fostering a space where younger and older women can learn from one another, share experiences, and grow together in faith and fellowship. We are encouraged by the visible growth in unity and intergenerational relationships within the ministry.

Vision Board Workshops - We hosted two interactive vision board sessions in February and August, encouraging participants to articulate their goals and explore practical steps for execution.

Page 4

THE POTTER'S HOUSE CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

Monthly Women’s Devotionals - Held once a month and averaging 30 attendees, these sessions focused on studying women in the Bible and drawing life-applicable lessons from their stories. These gatherings foster rich discussions and personal sharing, helping to strengthen spiritual understanding and community bonds.

Intergenerational Fellowship – “The Power of Sharing Your Story” - A significant moment this year was our special fellowship event focused on storytelling. Women of all ages came together to share their life journeys, highlighting how personal testimonies can serve as a blessing and encouragement to others. This event deepened relationships and reinforced the truth that every woman’s story matters.

Coffee Mornings - Launched in October, our monthly Coffee Mornings have offered a more intimate space for 5–10 women to gather over coffee and breakfast. Discussions have been centred around a book written by a sister in our congregation, with sessions themed around Faith and Self-Love. These gatherings have become a treasured space for reflection, encouragement, and deeper connections.

End-of-Year Ladies’ Fellowship - A cherished highlight of our calendar is the Annual End-of-Year Ladies’ Fellowship, which consistently draws a strong attendance of up to 80 women. This special gathering is a time of celebration, reflection, and thanksgiving for all that has been accomplished throughout the year. This annual celebration is more than just a social event—it is a powerful expression of unity and appreciation. It gives us the opportunity to honour one another, celebrate our collective journey, and strengthen the bonds that make My Sister’s Keeper a thriving and supportive community of women.

Annual Bible Conference

New national works:

New International works:

Financial review

Income for the year amounted to £727,435 (2023: £690,042) and expenditure £718,399 (2023: £640,304). The surplus of £9,036 was added to funds brought forward with unrestricted funds being £647,256 at the year end.

Policy on reserves

The Trustees have determined that, in line with their belief that God provides for the work to which he calls His people, no reserves are actively maintained by the charity.

Page 5

THE POTTER'S HOUSE CHRISTIAN CENTRE

TRUSTEES' REPORT (CONTINUED)

Investment policy and objectives

The trust deed authorises the trustees to make and hold investments using the general funds of the charity.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Statement of Responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities 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 the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that 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 Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Trustees 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 irregularities.

The annual report was approved by the Trustees of the charity on 11 August 2025 and signed on its behalf by:

......................................... Adrian Kerr Trustee

Page 6

THE POTTER'S HOUSE CHRISTIAN CENTRE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE POTTER'S HOUSE CHRISTIAN CENTRE

I report to the Trustees on my examination of the accounts of The Potter's House Christian Centre for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity Trustees of The Potter's House Christian Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the The Potter's House Christian Centre's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since The Potter's House Christian Centre's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of The Potter's House Christian Centre as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... G W Schulz FCMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

11 August 2025

Page 7

THE POTTER'S HOUSE CHRISTIAN CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
2
599,962
Investment income
3
7,205
Total income
607,167
Expenditure on:
Charitable activities
4
571,687
Total expenditure
571,687
Net
income/(expenditure)
35,480
Gross transfers between
funds
(17,545)
Net movement in funds
17,935
Reconciliation of funds
Total funds brought
forward
629,321
Total funds carried
forward
12
647,256		 Restricted
funds
£
120,268
-
120,268
146,712
146,712
(26,444)
17,545
(8,899)
8,899
-		 Total
2024
£
720,230
7,205
727,435
718,399
718,399
9,036
-
9,036
638,220
647,256		 Total
2023
£
684,927
5,115
690,042
640,304
640,304
49,738
-
49,738
588,482
638,220

The notes on pages 11 to 20 form an integral part of these financial statements. Page 8

THE POTTER'S HOUSE CHRISTIAN CENTRE

BALANCE SHEET AS AT 31 DECEMBER 2024

Note
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Creditors: Amounts falling due within one year
10
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
12		 2024
£
15,967
15,967
28,939
623,493
652,432
(21,143)
631,289
647,256
-
647,256
647,256		 2023
£
22,762
22,762
25,730
614,750
640,480
(25,022)
615,458
638,220
8,899
629,321
638,220

The financial statements on pages 8 to 20 were approved by the Trustees, and authorised for issue on 11 August 2025 and signed on their behalf by:

......................................... Adrian Kerr Trustee

The notes on pages 11 to 20 form an integral part of these financial statements. Page 9

THE POTTER'S HOUSE CHRISTIAN CENTRE

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items
Depreciation
Investment income
3
Working capital adjustments
Increase in debtors
9
(Decrease)/increase in creditors
10
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
3
Purchase of tangible fixed assets
8
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 January
Cash and cash equivalents at 31 December
Reconciliation of net cash flow to movement in net
funds
Increase in cash
Net funds at 1 January 2024
Net funds at 31 December 2024		 2024
£
9,036
8,254
(7,205)
10,085
(3,209)
(3,879)
2,997
7,205
(1,459)
5,746
8,743
614,750
623,493
8,743
614,750
623,493		 2023
£
49,738
7,962
(5,115)
52,585
(1,353)
13,071
64,303
5,115
(13,763)
(8,648)
55,655
559,095
614,750
55,655
559,095
614,750

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 11 to 20 form an integral part of these financial statements. Page 10

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

The Potter's House Christian Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Page 11

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Furniture and equipment 20% on cost Computer equipment 25% on cost Fixtures and fittings 10% on cost

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Page 12

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 13

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

2 Income from donations and legacies

Donations and legacies;
Donations
Conference and event
income
Church tithe income
Gift aid reclaimed
Other income from
donations and legacies
3 Investment income

Interest receivable and
similar income;
Interest receivable on
bank deposits		 Unrestricted
funds
General
£
382,072
11,170
116,510
86,066
4,144
599,962
Unrestricted
funds
General
£
7,205		 Restricted
funds
£
14,794
105,474
-
-
-
120,268
Restricted
funds
£
-		 Total
2024
£
396,866
116,644
116,510
86,066
4,144
720,230
Total
2024
£
7,205		 Total
2023
£
390,778
110,547
90,748
90,669
2,185
684,927
Total
2023
£
5,115

Page 14

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

4 Expenditure on charitable activities

Note
Conference costs
Church rent and
parsonage
Benevolence
Ministry meals
Love offerings
Marriage retreat
Outreach/World
evangelism
Revival
Church ministry
Youth ministry
Media
Telephone and
utilities
Professional charges
Printing, stationery
and insurance
Equipment and
maintenance
Vehicle expenses
Office and
administration
Travel and airfares
Bank charges and
interest
Independent
examination
Depreciation
Grants
5
Staff costs
7		 Unrestricted
funds
General
£
928
113,601
290
9,210
19,421
17,074
2,681
3,000
13,097
9,750
10,438
15,150
1,697
17,024
4,959
4,885
16,737
9,443
1,093
2,640
8,254
186,480
103,835
571,687		 Restricted
funds
£
131,918
14,794
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
146,712		 Total
2024
£
132,846
128,395
290
9,210
19,421
17,074
2,681
3,000
13,097
9,750
10,438
15,150
1,697
17,024
4,959
4,885
16,737
9,443
1,093
2,640
8,254
186,480
103,835
718,399		 Total
2023
£
114,374
140,469
1,430
11,445
19,814
8,461
6,169
9,419
5,051
5,580
18,878
15,159
2,253
9,199
2,971
3,527
15,116
10,192
666
2,520
7,962
121,130
108,519
640,304

Page 15

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

5 Grant-making

Analysis of grants

Tithes and support given Grants to institutions
2024
£
2023
£
186,480
121,130

6 Trustees remuneration and expenses

No Trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No Trustees have received any reimbursed expenses or any other benefits from the charity during the year.

7 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2024
£
98,290
3,512
2,033
103,835		 2023
£
102,039
4,354
2,126
108,519

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Employees 2024
No
5		 2023
No
5

No employee received emoluments of more than £60,000 during the year

Page 16

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

8 Tangible fixed assets

Furniture
and
equipment
£
Computer
equipment
£
Cost
At 1 January 2024
45,034
6,364
Additions
1,459
-
At 31 December 2024
46,493
6,364
Depreciation
At 1 January 2024
24,336
4,469
Charge for the year
7,566
632
At 31 December 2024
31,902
5,101
Net book value
At 31 December 2024
14,591
1,263
At 31 December 2023
20,698
1,895
9 Debtors
Prepayments
Accrued income
Other debtors
10 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals		 Computer
equipment
£
6,364
-		 Fixtures
and fittings
£
561
-
561
392
56
448
113
169
2024
£
5,631
6,862
16,446
28,939
2024
£
2,075
12,998
6,070
21,143		 Fixtures
and fittings
£
561
-
561
392
56
448
113
169
2024
£
5,631
6,862
16,446
28,939
2024
£
2,075
12,998
6,070
21,143		 Total
£
51,959
1,459
53,418
29,197
8,254
37,451
15,967
22,762
2023
£
2,100
7,184
16,446
6,364 561
4,469
632		 392
56
5,101 448
1,263 113
1,895 169
2024
£
5,631
6,862
16,446
28,939
2024
£
2,075
12,998
6,070
21,143
25,730
2023
£
2,612
15,916
6,494
25,022

Page 17

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

11 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £2,033 (2023 £2,126).

Contributions totalling £500 (2023 - £Nil) were payable to the scheme at the end of the year and are included in creditors.

Page 18

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

12 Funds

Unrestricted funds
General
General Funds
Restricted funds
Building fund
Conference fund
Total funds
Unrestricted funds
General
General Funds
Restricted funds
Building fund
Conference fund
Total funds		 Balance
at 1
January
2024
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance
at 31
December
2024
£
629,321
607,167
(571,687)
(17,545)
647,256
-
14,794
(14,794)
-
-
8,899
105,474
(131,918)
17,545
-
8,899
120,268
(146,712)
17,545
-
638,220
727,435
(718,399)
-
647,256
Balance at
1 January
2023
£
Incoming
resources
£
Resources
expended
£
Balance at
31
December
2023
£
572,191
572,431
(515,301)
629,321
-
11,314
(11,314)
-
16,291
106,297
(113,689)
8,899
16,291
117,611
(125,003)
8,899
588,482
690,042
(640,304)
638,220		 Balance
at 1
January
2024
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance
at 31
December
2024
£
629,321
607,167
(571,687)
(17,545)
647,256
-
14,794
(14,794)
-
-
8,899
105,474
(131,918)
17,545
-
8,899
120,268
(146,712)
17,545
-
638,220
727,435
(718,399)
-
647,256
Balance at
1 January
2023
£
Incoming
resources
£
Resources
expended
£
Balance at
31
December
2023
£
572,191
572,431
(515,301)
629,321
-
11,314
(11,314)
-
16,291
106,297
(113,689)
8,899
16,291
117,611
(125,003)
8,899
588,482
690,042
(640,304)
638,220		 Balance
at 31
December
2024
£
647,256
-
-
-
647,256
8,899
638,220

Page 19

THE POTTER'S HOUSE CHRISTIAN CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
15,967
652,432
(21,143)
647,256
Unrestricted
funds
General
£
22,762
631,581
(25,022)
629,321		 Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
8,899
-
8,899		 Total funds
at 31
December
2024
£
15,967
652,432
(21,143)
647,256
Total funds
at 31
December
2023
£
22,762
640,480
(25,022)
638,220

Page 20