C H U RC H
Monyhull Church
Annual Report & Financial Statements
Year ended 30 September 2024
Contents
Pages
Trustees, report
Ito7
Independent Examinerfs report
Statement of Financlal Activities
Balance Sheet
10
Cashflow statement
11
Notes to the flnancial statements
12to19

Monyhull Church
Report of the Trustees for the year ended 30 September 2024
TheTrustees are pleased to presenttheir report and financlal statementsforthe yearended 30September 2024and confirm they
comply wlth the requirement5 of the Charities Act 2011, the trust deed and the Charities SORP IFRS 1021.
Reference and Admlnlstratlve Informatlon
Charity Name
Monyhull Church
Reglstered Charlty Number
1060100
Prlncipal Addre55
Monyhull Church Centre
St Francis Drlve
Kings Norton
Birmingham
B30 3P5
Trustees
Trustees who served durlng the year end up to the date of thls report were:
Stephen Browne (to 7th February 20241
Andrew Cole
Paul Mallard {from 7th February 20241
Donald Morrlson
Louls Quaintance
Phlllp Sweeting
Mark Wlggin5
Property Holdln8 Trustee
On 8th September 2010, The Fellowshlp of Independent Evangellcal Churches Llmited was appolnted as the Church's Holdlng
Trustee. The sole purpose of thi5 appolntment Is for holdlng the legal tltle of real property and investments in trust for the Church
and ensurlng that the same Is used only in accordance with the instructlons of the Managlng Trustees In furtherance of the purpose
of the Church.
Bankers
HSBC
13 Chapel Street, Stratford upon Avon, Warwlckshlre, CV37 6ET
Independent Examlner
Dale Brusby ACMA CGMA
11 Woodstock Court, 158 Northfield Road, Klngs Norton, Birmlngham, B30 IDX

Structure, Governance and Management
Governin
document
th
Monyhull Church is constituted as a charltable trust and was registered with the Charity Commission on 11 January 1997 under
charity number 10601CN).
The Church is govemed by a Trust Deed dated 17th October 1996 together wlth a Supplemental Agreement dated 26th June 2012.
The Trust Deed and Supplemental Agreement are sUPPOrted by a Constltutlon, referred to as the Church Rules, whlch sets out the
beliefs and practlce of the members and regulates the day to day operatlon of the Church Including the appointment of Elders,
who art as the Managing Trustees of the Trust.
The Church Ss affiliated to the Fellowship of Independent Evangellcal Churches IFIEC).
Or
anlsatlonal structure
The Church operates under the oversi8ht of a team of Elders, each of whom Is a Trustee of the Church.
The Trustees meet at least once a month and are responsible for all decislons taken In relatlon to the operation of the Church and
the actlvltles provided by it. To asslst the operatlon of the Church, a number of Deacons and Mlnlstry Team leaders have been
appointed to oversee the Church's pro8ramme of actlvitles. All Deacons and Ministry Team leaders are formal members of the
Church.
The declslons of the Trustees are reported to the Church's members at regular business meetln85. Signlficant de¢lsions are made
only wlth the approval ofthe Church members as requlred by the Church's governing documents.
The day-to-day management of the Church's proBramme and facllities has been delegated by the Trustees to the Church staff
team, Deacons and mlnlstry leader5 who provlde regular reports to the Trustees.
At the end of the flnanclal year the Church ernployed one Senlor Pastor, one Assoclate Pastor, one Admlnlstrator and one
Caretaker each of whom recelved emoluments and reimbursement of expenses. Where employees are also Trustees, the Church's
governing documents provlde for the remuneratlon of Trustees in thls way.
The Church has appolnted an Employment Committee whlch comprlses a number of Church members together with one non-
remunerated Trustee. The Employment Commlttee proposes annual pay rlses for current employees. Any such proposals are
approved by the non-remunerated Trustee5. Ernployees do not partlclpate In determining the remuneration they receive.
Recrultment and a
olntment of Trustees
Under the Church Rules, new Elders are proposed by the existing Elders and then approved by Church members via a ballot which
requlres the support of at least 66% of those Church members particlpatlng in the ballot. Other than the Pastors, who are
appointed on a permanent basls, Elders serve for a period of three years followin8 whlch they are requlred to submlt for re-
electlon for a further three-year term.
Induction and trainln
stees
Following electlon by Church member5, the training and general indurtion of new Trustees Is overseen by the existing Trustee5,
who may delegate certain elements of this process to staff members.
New Trustees are provided with copies of the Church's governlng documents together wlth key pollcles and procedures, Charlty
Commission publications and the Church's risk assessment document.
Rlsk Mana
ement
The Trustees continue to oversee the Church's organlsatlonal structures to ensure the demands of a growlng Church are met.
Regular attention Is given to strategic and operational rlsks and systems have been established in order to manage and mitigate
any areas identified as bein8 higher risk.
The Church'5 finances are kept under regular review with updates frorn the Finance Deacon to theTru5tee5 and also termly reports
to the Church members.
Further risk management Includes appropriate insurance policies being in place and Disclosure & Barring Service checks being
undertaken on all those who work with children or other vulnerable groups within the Church. A Safeguarding Co-ordinator
oversees the implementation of the Church's safeguarding policy.

Objertives and Activities
The oblertlves of the Church, as stated in its 8overnin8 documents, are:
to advance the Christian faith in Blrmin8ham and In such other parts of the United Kingdom or the world in accordance
with the Church's Basis of Faith. and
to promote and fulfll such other charltable purposes beneficial to the community In Birmingham and in such other parts
of the United Kln8dom or the world as shall, in the opinion of the Trustees further the work of the Church.
In exerclsin8 Its stated oblectlves, the Church has the followlng aims:
the worship of God, centred on the preaching and teaching of the Word of God;
the cultlvatlon of a caring fellowship for the encoura8ement and bullding up of the members,.
to evangelise by the proclamation of the Gospel. by local outreach, and by prayerful and practical sUPPOrt of overseas
work; and
the demon5tratlon of the love of God by actlve Involvement In the local communltv.
In summarlslng Its strate8lc attlvltles, the Church has adopted the followln8 vlslon statement
Monyhull Church exlsts to bulld a communlty of passionate disciple5 01 Jesus Chrlsl
equlppln8 them to serve HIM In Monyhull, Blrmln8ham and beyond

Activities and achievements
Dellve
of Publlc Benefit
The Church continues to carry out a wlde range of activities in pursuance of its charltable aims. When planning and reviewing this
programme of activities, the Trustees have given due consideration to the Charity Commission's general guidance on public benefit
and, in particular, the specific guidance to charitles for the advancement of religion.
The Trustees are committed to ensuring the Church plays Its part not only In the local community but 3150 further afield. In the
same way, Churth members are encouraged to Ilve out thelr falth in thelr Individtsal local communities and neighbourhoods.
The Church has a formal membership of 159 full members and 17 assoclate members, wlth a regular congregatSon of
approximately 250 people, covering a wide demographic range. The majority of the Church's actlvities are open to the publlc and
the Church welcomes its congregation from all cultural backgrounds, wlth the aim of ensuring each member has the appropriate
opportunStyto engage with and benefit from the Church's activltles.
The Trustees consider that the Church's progrèmme of actlvlties, summarlsed below, provlde5 benefit both to those who worshlp
atthe Church and the wlder community of Monyhull, Birmlngham and beyond.
Rell lous actlvltles
The Church holds two publlc 5ervlces of worshlp each Sunday. These seNices are open to the general publi¢ and congregatlons
of up to 250 people normally attend, Servlces are advertlsed on the Church'5 webslte, Ilve-streamed on YouTube and recordSn85
of talks and Bible teachln8 are routlnely available for download from the webslte.
In addition to the general advertlsing of the maln Sunday servlces, Invltations to speclal events, such as Easter and Chrlstmas
servlces, are regularly dlstributed to the surroundSnE nelghbourhood comprlsing 600 homes.
Members of the congregatlon are encouraged to Joln local FellowshSp Groups which meet each week and can be accessed both In
person and onllne. These groups provide a smaller format for BSble teachlng and prayer. Fellowshlp Groups are co-ordinated by
one of the Trustees, and each Fellowship Group is led by respected members of the Church. In additlon to Bible teaching and
prayer, Fellowshlp Groups are also designed to provlde pastoral support and opportunlties for developln8 friendship.
The Church also encoura8es Its member5 In the activity of prayer. This is emphaslsed in the local Fellowshlp Group actlvltles,
regular prayer bulletins and an annual week of prayer.
Communl
actlvl
les
The two main annual communlty events are Carols on Monyhull Green and the Monyhull Communlty Day. Carols on Monyhull
Green Is an open air Community Carol servlce on Monyhull Green on Christmas Eve with refreshments followin8 in the church.
For the Monyhull Communlty Day, hundreds of members of the local communlty came along to the church to enjoy 8ames,
Inflatables, refreshments, BBQ craft fair and other actlvltles. There were also opportunities for people to learn more about the
church and the varlous communlty actlvitie5 which the church runs each week.
A varled programme of regular activltles Is also arranged by the Church, with Invitations issued to friend5 and colleagues of Church
members, as well as more general Invltatlons to the local nelghbourhood, Thls Includes coffee mornings, men's and women's
events. Guest speakers are typl¢ally invited to these events at whlch they present a talk about thelr faith or another toplc of
interest.
Artivities for children and youth Included Noah's Ark Stay and Play sesslons, the weekly actlvlties for chlldren, Sparks, Megabytes
and Growth Groups, and the Monyhull Youth events on Fridays and Sunday5.
The Church facilitie5 can be hired by external or8anisations and individuals includlng for family parties, wedding celebratlons,
training / consultatSon meetlngs. nelghbourhood police taskin8 meetin8s and residents. forumlward committee meetings. In
addition, the Church prem15e5 have been used for hostln8 events for local and national charities. The church also acts a5 a polling
station for local and national elections. This Is all in addition to the ongolng programme of Church mlnlstrv.
With God's help and guidance, the Trustees anticlpate the development of future ministries from the Church Centre and are
grateful to the number of Church members who contlnue to work so diligently in the Ilfe and activlty of Monyhull Church.
Plans for future period
It Is antlcipated that the Church will continue its activitie5 and overall ministry as evidenced in the financial year ending 30
September 2024. The Trustees will revlew any future mlnlstry opportunltles in the light of the Church's strategic aims and
objectives.

Financial review
The Financial Statements have been prepared on an accruals basis and Include a Ststement of Financlal Actlvities and Balance
Sheet.
The Trustees continue to review the Church's finances on a regular basls and Church member5 recelve termly financlal updates.
Prlncl al Fundin
Sources
The majority of the Church's income contlnue5 to be recelved via gifts and donations principally from Church member5 and other
commltted Christians attending the maln Church meetin85. Where appropriate, tax Is reclaimed underthe HMRC Gift Aid scheme.
Restrlcted fund5
Re5trlcted funds are accounted for separately and are rlng-fenced from other funds. Restricted funds are only accepted for
projects or activltle5 approved by the Trustees. As noted below, the Trustees do not have speciflc reserves policies for the Church's
restrlcted funds.
Investment oll & ob
ertlves
The Church has no long-term Investments. All cash reserves are held in bank accounts, all of which are protected under the
Financlal Servlces Compensation Scheme.
Grant-makln
oll
Grant support Is provlded by the Church to a wlde ran8e of Indlvlduals and or8anlsatlons involved In Christian work, both in the
Unlted Kingdom and overseas. Grants are consldered by the Trustees and approved by Church members as part of the Church's
annual budget-setting process, More urgent 8rant support can be approved, elther by the Trustees or Church members, In Ilne
wlth the Church's Internal financial policv.
Grant support provided durlng the financial year is outllned In the notes to the Financial Statements.
Fund revlew
The finances of each fund, for the flnanclal year, are summarlsed as follows:
General Fund
The General Fund is used for the day-to-day runnlng ofthechurch and StsactlvStles. The Fund can be used to supportother Church
funds at the dlscretSon of the Trustees, in line with the Church's Internal flnanclal policy,
At the year*nd the General Fund recorded a surplus of £4,180 after transfers to other funds, General Fund reserves at the year-
end totalled £89,820, of whlch net current assets stood at £86.781.
General Fund Reserves Poll
The Church aims to hold a minimum of £65,000 in liquid reserves in the General Fund at any point In time In order to ensure there
are sufflclent funds to accommodate irregular periods of income and expendlture and l or budgeted deflclts.
An annual budget-setting proce55 together wlth regular financlal reports enable the Trustees to actively monltor and manage
General Fund reserves.
Global Partners Fund
The Global Partners Fund supports individual Christians and organlsatlons worklng in both the UK and overseas. The general
principle for the Fund is for all gifts received to be disbursed to approprlate individualslcauses as soon as possible. Consequently,
there Is no specific Reserves Policy for thls Fund.
Tralnin
Fund
The Tralnlng Fund support5 Individua15 training for a variety of Christian ministrie5.
During the year, two grants were made from the Tralnlng Fund totalllng £1,287. There Is no speclflc Reserves Pollcy for this Fund.

Buildin
Fund
The Church's freehold premises were acquired in September 2012 and comprise the original Church bulldln& formerly part of
Monyhull Hospital, together with Monyhull Green and the adjolnlng land and car parks.
In 2013, additlonal premlses were constructed, and these were funded vla the Church's Bulldlng Fund which, in addition to ongoin8
gifts from the Church congregatlon, received grants from Birmingham City Councll and The Fellowship of Evangelical Churches.
In order to supplement the Building Fund, the Trustees have also entered into loan agreements with Stewardship SeNices IUKETI
Limited and The Fellowship of Evangelical Churches Limited. The Building Fund continues to receive glfts from Church members,
and these are used to make the repayments in accordance with the respective loan agreements. All repayments are up to date
and. at the flnanclal year end, the loan balances totalled £149,247 (2023: £166,857). Additional giving Into the fund has also been
received for the future refurbishment of the original chapel building.
The Building Fund operates as a restrlcted fund and. as such, there is no specific Reserves Policy for thls Fund.
Fellowshl Fund
The Fellowshlp Fund is a discretionary fund admlnlstered by the Trustees to asslst those in situations of hardshlp. Durlng the year
three 8rants were made from the fund to indivldual church members totalling £2,428

Statement of Trustees, responsibilities
The Trustees are responsible for preparlng an annual report and financial statements in accordance with applicable law and United
Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accountin8 Practice).
The law applicable to charities in England and Wales requires the Charity Trustees to prepare financial statements each year which
give a true and falr view of the state of affair5 of the Charity and of the Incomln8 resource5 and application of resources of the
Charity for that perlod. In preparing the financial statements. the Trustees are required to:
Select sultable accountlng pollcles and apply them consistentlv;
Observe the method5 and princlples in the Charities SORP;
Makejudgments and estlmates that are reasonable and prudent;
State whether applicable accountln8 Standards have been followed, subject to any material departures disclosed and
explained In the financlal 5tatements,'
Prepare the financial statements on a goin8 concern basls unless it is Inappropriate to presume that the Charlty wlll
continue In operation,
The Trustees are re5ponslble for keeping proper accounting records that d15close with reasonable accuracy at any tlme the
flnanclal posltlon of the Charlty and to enable them to ensure that the financial Statements comply wlth the Charitles Act 1993,
the Charity {Accounts and Reports) Regulations 2008 and the provislons of the governing document. They are also responsible
for 53feguardlng the assets of the Charlty and hence taking reasonable steps for the prevention and detection of fraud and other
Irregularltles.
The Trustees are responslble for the malntenance and Integrlty of the Charlty and flnanclal Informatlon Included on the Charitys
website. Leglslatlon 8overnln8 the preparation and disseminatlon of financlal statements may dlffer from le8lslatlon In other
jurlsdlctions.
Approved by the Trustees on
'zq
June 2025 and 51gned on their behalf by:
Andy Cole
Trustee

C H U RC H
CHARITY COMMISSION I Independent examinerfs report on the
FOR ENGLAND AND WALES |
accounts
Section A
Independent Examiner's Report
Report to the trusteesi
members of
MONYHULL CHURCH
On accounts for the year
ended
September 2024
Charity no
lif anyl
1060100
Set out on pages
9-21
I report to the trustees on my examination of thè accounts of the above
charity {Ihe Trust'> for the year ended 3019 12024.
Responslbllties and
basis of report
As the> charity's Irustees, you are responsible for the preparalion of the
accounls in accordance with the requireirenls of the Charities Act 2011
("the Act">.
I report in respecl of my examination of the Churches accounts Garried out
under section 145 of the 2011 Acl and in carrying Dut my examinaliun, I
have follo￿l6d all the applicciblo Directions given by the Charity Commission
under scction 145(51(b) ol the Act.
Independent The charity's gross income exceeded £250.000 and l am qualrfied to
examiner's ststement undertake the examinalion by being a qualified member of Chartered
Instilute of Management Accountants
I have completed my examination. I confim that no rnaterial matters have
come to my attentlon in connection wlth the examination which givès Ine
cause to believe that in, any material resped:
the accounting records were not kept in accordance wlth section 130
of the Charities Act: or
the accounts did not accord wilh the accounting records.. or
the accounts did not comply with the 8ppli¢able requirements
Con￿rning the fomi and conlenl of 0cG0unts set oul in Ihe Charities
(Accounts and Reports) Régulations 2008 other than any requirement
that the accounls give a Irue and fair, vlew which is not a matter
considered as parl of an independent examination.
I have no concerns and have come acr05s no other matters in connection
with the examination to which aitontion should be drawn in this report in
Order to enable a proper understanding of the accounts io be reached.
Signed: |
Namè:
Date:
Dale Brusby
Relevant professional
qualification{s) or body
ACMA CGMA
TER
Oct 2018

C H U R C H
Monyhull Church
Statement of Financial Activities for the year ended 30 September 2024
30 September 2024
30 September 2023
Unrestricted &
Desl8nated
Note
Restrlrted
Total Funds
Total Funds
Income & Endowments from:
Donations
170,515
35,518
70,064
13,813
240,S79
49,330
223,739
44,878
Glft Ald tax recoverable
Interest
Use of premlses
Other charltable actlvltles
16,718
16,762
16,718
16,762
17,320
21,720
Total
239,512
83.877
323,389
307,657
Expendlture on:
Charltable activitles
- Mlnistry
- Global Partners Support
- Property & Utilitles
- Admlnlstratlon/Miscellaneous
Depreciation
Buildin8 Project
Governance costs
159,631
1,849
31,828
18,287
3,720
3,715
46,593
163,346
48,442
31,828
18,347
36,096
11,632
973
167,248
57,542
31,452
13,151
36,780
9,454
1,038
60
32,376
11,632
li
973
Total
216.287
94377
310,664
316,665
Net Income/(expendfture)
23.225
(10.500)
12,725
(9,008)
Transfers between funds
16
119,044)
19,1)44
Net movement In funds
4,180
8,544
12.725
19,0081
Recondllatlon of Funds
Total Funds brought forward
105,766
1,055,381
1,161,147
1,170,155
Total Funds carrled fonvard
109.946
1,063.925
1,173,871
1,161,147
All income and expenditure relates to contlnuing activitles.
Where applicable, the Statement of FinancSal Actlvltles Includes all gains and105ses during the year.
The attached note5 on pages 14-21 form part of these flnanclal statements.

C H U R C H
Monyhull Church
Balance sheet
As at 30 September
2024
As at 30 September
2023
Note
Flxed Assets
Tanglble flxed assets
li
1,147,244
1,183,340
Current Assets
Debtors & Prepayments
Cash at bank and in hand
12
16,581
179,954
196,536
11,716
143,320
155,036
13
Total current assets
Llabllftles
Creditors fallln8 due wlthln one year
Net Cuffent Assets
14
131,743)
(21,4531
164,793
133,583
Credltors falllng due after one year
Loan accounts
15
(138,166)
1155,7761
Net Assets
1,173,871
1,161,147
Funds
Unrestrlcted & Deslgnated fund5
Restricted funds
16, 17
16, 17
109,946
1,063,925
105,766
1,055,381
Total Funds
1,173,871
1,161,147
The attached notes on pages 14-21 form part of these financial statements.
Approved by the Trustees on
29
June 2025 and sl8ned on thelr behalf by
Andy Cole
Trustee
Don Morrlson
Trustee
-io-

C H U R C H
Monyhull Church
Cash Flow Statement for the year ended 30 September 2024
30 September
2024
30 Septsmber
2023
N•t cash Infiow from operatln8 actlvltles
Net incomlng resources
Depreclatlon
Movement in debtors
12,725
36,096
14,8651
10.290
19,008)
36.780
3,663
(6,0941
Movement in credltors
Net Ush Inflow from op•ratkng actlvftles
54.245
25,341
Capltal Expendlture
Capital reductlons to term liabllltles
(8391
(17,335}
(17,6101
Increase (Decreuej In cash
36,635
7,167
The attached notes on pages 14-21 form part of these flnanclal statements.
-li-

C H U RC H
Monyhull Church
Notes to the Flnanclal Statements for the year ended 30 September 2024
l. Accountlng Pollcles
(a) Ba￿5 of preparatlon
The Flnancial Statement5 have been prepared in accordance with the requlrements of the Charities Act 2011 and the Church
Accounting Regulatlons 2006 together with applicable UK accounting standards and the revlsed Statement of Recommended
Prattice: Accounting and Reportlng by Charities ISORPI FRS 102 SORP 2015.
The Financlal Statements have been prepared under the hlstorlcal cost convention and Include transactSons, assets and
liabilities for whlch the Trustee5 are responsible in law. They do not include the financial statements of Church groups that
owe thelr main affiliation to another body or those that are informal gatherings of Church members.
(b) Funds structure
Unrestrktedfunds comprlse those funds which can be used by the Trustees for any purpose in furtherance of the charltable
oblectlves. From tlme to tlme the Trustees may designate funds for a speclfic purpose.
Restrlrtedfvnds represent donatlons or grants received for a speclflc purpose and can only be expended on the purpose for
which they were 8lven, unless any change Is properly authorlsed by the donor.
{c) Incomln8 resources
All incomlng resources are recognised once the Church has full legal entltlement, and it is certain the resources wlll be recelved
and their monetary value can be measured wlth sufficlent reliabillty.
Voluntary Income is received by way of glfts and donatlons and Is Included in full on the Staternent of Flnanclal Actlvities
when recelved. Income tax recoverable on Glft Ald donatlons Is recognlsed when the income Is recelved and Is accounted for
on an accruals basis.
Interest received is accounted for on an accruals basis.
Other Intome is recognlsed when recelvable.
Idl Resource$ expended
All expendlture Is recognlsed on an accruals basis as soon as there is a legal or constructlve obllgation tommitting the Church
to the expendlture. It Is accounted for when It15 Incurred and 55 Incluslve of any VAT whlch cannot be recovered.
All costs incurred by the Church in the delivery of its activities are allocated between the expenditure categories of the
Statement of Financial Activlties on a basis designed to reflect the use of the resource. Costs relating to a particular activity
comprlse both costs that can be allocated dlrectly to such activitles and those costs of an indirert nature necessary to 5UPPOrt
them.
lel Grants and donatlons
Grants and donations are accounted for when pald over, or when awarded if that award creates a blnding obllgatlon on the
Church. Suth payments are made to third partles In furtherance of the Church's charitable objectives.
(n Governante costs
Governance costs Include those costs associated with meeting the constitutional and statutory requirements of the Church
and Include Its independent examination and costs linked to the strategic management of the Church.
-12-

C H U R C H
counting Policies- contlnued
18) Governance costs
All tangible fixed assets are used by the Church in fulfS11ing its tharitsble objectives. Tangible fixed assets are capitalised at
hlstorlc cost and are stated at cost less accumulated depreciatlon which Is accounted for on a straight line basis over the
asset's estimated useful life.
The annual depreclatlon rate5 applled are as follows:
Freehold land and buildin85
Improvements to land and bulldlngs
Flxtures, fittlngs & equipment
io%
25%
Fixtures, fittlngs and equipment items costing less than £250 are not capitalised, unless part of a group purchase exceeding
£250, but are wrltten off to revenue as the expenditurels Incurred.
(h) Penslons
The church pays total contrlbutlons at the rate of 5% of baslc gross annual salary into an HMRC approved Workplace Penslon
Scheme for each ellglble stèff member, or If they have opted out, Into an approved personal penslon scheme. An annually
reviewable salary sacrifice scheme Is also made available which entitles employees to sacrlfice a proportlon of their salary In
dlrect exchange for addltional pension contrlbutlons. Penslon contrlbutlons are recorded in note 18.
2. Income from oth•r charltable actlvltles
30 September 2024
30 September 2023
Unre5trirted
General mlnlstry costs
Income to offset Staff expenses
Weekend and day events
460
7,902
640
14,317
Chlldren's & Youth mlnlstry
Noah's Ark
Youth weekend and events
1,699
1,593
2,280
Outreach & Communlty
Community Day
Men's events
Women's events
2,504
906
71
1,416
I,ioi
323
Mlscellqneous
Room hire & equipment rental
Other items
16,718
540
17,320
Totsl other Income
33A79
39,040
-13-

'Kl ]'
C H U RC H
3. Expendlture on Ministry
30 September 2024
30 September 2023
Unrestricted
GeneMI mlnlstry costs
Stsff salarles and expenses (notes 18 & 191
Speakers fees
Weekend and day events
Pastoral support
Catering
Cleaning
Fellowship Group resources
Licences
Tralnln8
115,657
485
7,804
45
3,484
907
308
5,921
2,603
137,213
110,570
430
21,164
126
1,745
4,332
404
3,823
2.040
146,371
Chlldren s & Youth mlnlstry
Noah's Ark
Growth Groups
Me8abytes
Sparks
Monyhull Youth
Youth weekend away
Dlsclosure & Barrlng Servlce checks/Chlld Protectlon
1.085
207
504
88
600
5,578
1,266
9,327
1,197
523
256
154
401
5,142
433
8,106
Outreach & Communlty
Communlty Day
Christmas & Easter events
Coffee mornlngs
Men'51 Women's events
Other outreach events
Evan8ellstlc Ilterature and media
6,661
3,373
119
2,008
76
855
13,091
4,969
1,794
140
1,8fKI
309
269
9,281
Restrfcted
Tralnlnq
TraininE Grant
Fellowshlp
Flnancial support
1,287
1,590
2,428
1,900
Totsl expendltur• on mlnlstry
163.346
167,248
4. Global Partner Support
30 September 2024
30 September 2023
Restricted
Glft5/gmnts to Global Partner orqanlsQtlons
OMF IGriffithsl
UFM {Gavey)
AIM (Bell)
Just Caring Midlands
Operation Mobilisation Iwheatleyl
UCCF (Murkettl
Birmlngham Clty Mlsslon
15,486
12,486
10,086
4,200
1,926
300
360
44,843
15,653
12,652
10,253
3,000
3,092
3Crf)
360
45,310
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C H U R C H
Personol gifts/grnnts
Short-term support
Duda support (Poland)
500
1,750
2,250
1,750
1,750
Designatedfvnds- one-off appeols
Harvest offering
Spearhead Trust- "Real Easter"
Ukraine appeal
Turkey earthquake appeal
1450
399
459
5,895
3,628
Total expenditure on Global Partner support
48A42
57.542
5. Expendlture on Property & Utllltles
30 September 2024
30 September Z023
Property repairs & malntenance
Equipment purchase, maintenance & service
Utillties- gas, electrlc, water
Buildlngs/Contents/EngSneerlng Insurance
Total expendlture on property & utllldes
15,374
6,010
3,677
6,767
31.828
11,413
5,054
9,924
5,061
31,4S2
6. Expendlture on Admlnlstratlon l Mlscellaneous
30 Septemb•r 2024
30 September 2023
Website & advertlsln8
Photocopler rental & servl
PA/recordlng
Telephone & Internet
Stationery & prlnting
FIEC, Affinity, Midlands Gospel Partnershlp
Sundry expendlture (items less than £250)
Bank charges - Unrestrlcted
8ank charges - Restrlcted
Health & Safety review
Online processlng fees
Total expendlture on admlnlstratlonlmlscellaneous
Bulldlng fund costs
987
1,266
4,163
54S
2,316
7,704
270
1412)
60
264
1,184
18,347
419
1,674
28
1,031
2,372
5,902
194
216
1,315
13,151
30 September 2024
30 September 2023
Re5trlcted
Loan Interest- Stewardship
Loan Intere5t- FIEC
Total expend6ture on bulldlng projert
11,632
9,394
11,632
8. Governance costs
30 September 2024
30 Septèmber 2023
Unrestricted
Trustee indemnlty insurance
Independent examination-gift
Staff penslon scheme admlnlstration fee
Re5trirted
Legal Fees
Total govemance costs
9. Related party transattions
No Trustee had any personal interest in any contract or transattlon entered Into by the Church during the year,
327
250
396
347
250
396
45
1038
973
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C H U R C H
10. Taxatlon
As a Charity, the Church Is exempt from tax on intome and gains falllng within section 505 of the Taxes Act 1988 or Section
256 of the Taxation of Chargeable Galns Act 1992 to the extent that these are applied to its charltable objects. No tax charges
have arlsen within the Church.
11. Flxed Assets
Flxture5, Flttln85 &
Equlpment
Land & Bulldlngs
Total
Cost
Balance at 30 Sept 2023
Additions
Disposals
Balance at 30 Sept 2024
1,458,752
94,042
1,552,794
1,458,752
94.042
1,552,794
Accumuloted depreciotion
Balance at 30 Sept 2023
Charge in the year
Dlsposals
Balance at 30 Sept 2024
282,171
32,376
87,283
3,720
369,454
36,096
314,547
91,003
405,550
Net book value at 30 Sept 2024
1.144.205
3,039
1,147,244
Net Ix>ok value at 30 Sept 2023
1.176.581
6,759
1,183,340
The Land & Building5 values shown above are at historical cost less depreciatlon, and do not necessarily reflect current market
value.
The Land & Buildln85 comprlse a Freehold Property now known as Monyhull Church, St Francls Drlve, Klngs Norton,
Bimilngham. The property was acqulred In 2012 and was the subject of construrtion work on a new annexe In 2013.
The Land & Buildlngs are held on trust for the Church by FIEC Llmlted as Holdln8 Trustee,
All flxed assets are held for charltable purposes.
12. Debtors & Prepayments
30 September 2024
30 September 2023
Debtor5
Prepayments
Income tax recoverable on Glft Aid
5,295
7,655
3,632
16,581
1,167
7,423
3,126
11,716
13. Bank Balances
30 September 2024
30 September 2023
Current Accounts
Onllne payment processors
174,753
5,201
179,954
137,126
6,194
143,320
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C H U RC H
14. Credltors- amount$ falllng due wlthln one year
30 September 2024
30 September 2023
Loan accounts
- Stewardshlp
Accruals
Oeferred income
11,082
13,714
6,947
31.743
11,082
7,791
2,580
21.453
IS. Credltors- amounts fallln8 due after one year
30 September 2024
30 September 2023
Loan accounts
- Stewardshlp
138.166
138.166
155.776
155.776
The loan from Stewardship Services IUKET} Ltd Is secured by a le8al charge over the Church's land & buildings.
16. Movement of Fund$
Balance blf
Recelpts
Payments
Transfers
Balance clf
Restrlrted
Bulldlng Fund
Global Partners Fund
Training Fund
Fellowshlp Fund
Deslgnqted
Bulldin8 Fund
One-off appeals
Unrestrlcted
General Fund
Totsl funds
1,043,561
51,026
27,609
3,212
2,029
144,0081
146,6531
11,2871
12,4281
1,050,579
19,044
6,878
4,942
8,803
4,543
20,126
20,126
1,849
11,8491
85,640
1.161,147
237,663
323,389
{214,4391
(310,664)
119,0441
89,820
1.173.872
The transfer into the Global Partners Fund represents the amount requlred to balance the Fund at the year-end.
17. Anatysls of Fund$
Fixed Asset5
Net Current Assets
Term Llabllltles
Total
Restrlrted
8ullding Fund
Global Partners
Fund
Trainlng Fund
Fellowship Fund
1,144,205
44,540
1138,1661
1,050,579
8,803
4,543
8,803
4,543
Deslgnated
Building Fund
20,126
20,126
Unrestrirted
General Fund
3,039
86,781
89,820
Total funds
1,147,244
164.793
1138,166
1173.872
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C H U R C H
Unrestrlrtedfvnds
The General Fund comprises unrestrieted funds which are available for use in the general operatlon of the Church and its
activities. Some of these funds may be deslgnated by the church Elders for use by other funds.
Restrlrtedfvnds
Restricted funds are used for the followin8 specific purposes:
Bulldlng Fund
The Building Fund was originally establlshed to cover the cost of constructlng additional Church facilities. The Bullding Fund
continues to receive gifts and donations whlch are used to repay loans from Stewardshlp se￿ice5 (UKEn Limlted and The
Fellowshlp of Independent Evangelical Churches Limited. These loans were raised in 2013 to assist with the construction cost
of new Church facllltles. Surpluses in the Fund may be used to make additional repayments on the loans outstanding or
contribute to the refurbishment of the Chapel bulldlng.
Global Partners Fund
The Global Partners Fund supports Indlvldual Chrlstians and organlsatlons worklng In both the UK and overseas.
Tralnlng Fund
The Trainlng Fund supports Indlvlduals training for Christlan minlstry.
Fellowshlp Fund
The Fellowship Fund is a discretionary fund admlnistered by the church Elders to asslst In situations of hardship.
18. Staff numbers and emoluments
30 September 2024
30 September 2023
Number of FfE staff
Salaries
Expenses
Penslon contrlbutSons
Employer NIC costs
ERNICAllowance
93,754
5,825
11,383
4,695
88,718
4,996
12,310
8,824
14.276}
110,572
115.657
At 30 September 2024, the church employed one full-time Pastor, one part-time Pastor, one part-tlme Admlnlstrator and one
part-time Caretaker.
No employee was paid at a rate In excess of £60,000 per annum.
19, Tntstees, emoluments and relmbursed expenses
The elders of the Church {including the Pastors) are all appointed as Trustees. The Church's governlng documents permlt the
reasonable remuneratlon of Trustees and asso provlde for the payment to Trustees of reasonable and proper out of pocket
expenses Incurred In carrying out their dutles.
In addltion to salary and expenses. the church pays contrlbutlons at the rate of 5% of basic 8r055 annual salary Into an HMRC
approved Workplace Pension Scheme for each eligible staff member, or if they have opted out, an approved personal pension
scheme. An annually reviewable salary sacrifice scheme is also made available which entltles employees to sacrifice a
proportlon oftheir salary In dlrert exchange for additlonal pension contrlbutlons. Payments made to Trustees were as follows:
Totsl
Salary
Expenses
Penslon
Employer NIC
Year to 30 September 2024
Andrew Cole
Philip Sweeting
39,326
24, 604
63,930
2,596
3,229
5,825
3,247
6,147
9,394
1,325
1.813
3,137
46,493
35,792
82,Z86
Year to 30 September 2023
Andrew Cole
Philip Sweeting
37,427
25,723
63.150
2,018
2,850
4.868
3.247
7,310
10,557
4,654
2,588
7,242
47,346
38,471
85017
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C H U RC H
20. Trustee donations
Durlng the year, a88regate donatlons recelved from Trustees and related partles amounted to £57, 80412023: £56,3(M)}.
21. Capltal commitments
At the year end, there was no capltal expendlture whlch had been contracted but not provlded for In the flnanclal statements
(2023: nil).
-19-