THE CITY COMMUNITY CHURCH (EXETER) CHARITABLE TRUST ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
THE CITY COMMUNITY CHURCH (EXEtÈR) chARITABLE TRUST YEAft ÈNDÈD 31 MARCII 2025 CONTENts Page Legal and Administrativc Information Trustees, Annual Report Independent Examiner's Report Receipts and Payments Accounts Statement of Assets and Liabilities Notes to the Accounts
THE CITY COMMUNITY CHURCH (EXÈTEA) CFIA.ÈIrtAbLE TRUST LEGAL AND ADMIN18tÈIAtIVÈ INÈDHMAtIoN YEAR ENbÈb 31 AcH 20a5 CHARITY NAME Thè Clty Community Church (Exeter) Charitable Trust ADDRESS 13 Cleveland Street Exetor ÉX4 1BB CHARITY NUMBÈR 4060985 TRUSTEES Mr Ben Richards- Chair fjrs Sally Wilson Mr John Chamberlain Mrs Nia Morrish Mr Tom Morrish Mr Russell Le Puill INDEPÈNDENT EXAMINER S trurah FCCA FCA Streets Bush Lltnited Chbrteked Accountants Mdlrose House Pyhes Hill Exeter EX2 5AZ
THE CITY COMMUNfTY CFIURCH (EXETER) CHARrrABLE TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDING 31 MARCH 2025 The Trustees present thelr report together with the financial statements for the year ending 31 March 2025. The financial statements have becn prepared in 8ccord8nce with the accounting policies set out on page 7 and comply with the charity's Trust Deed, applicable law and the requirements of the Charities Act 2011. Constitution and Objects Tlie City Community Church (Exeter) Ch8ritable Trust is constituted by Deed of Trust dated 8 December 1996. Its stated objects are the promotion and advancement of Christian religion and the worship of God and the spreading of the Gospel of the Lord Jesus Christ. Organisational Structure The trustees who served during the year and up to the date the report was approved are as follows: Mr Ben Richards appointed as trustee and Chair of Trustees 24109118. Mr Tom Morrish appointed as a trustee 2510612020. Mrs Nia Morrish appointed as a trustee 2510612020. Mrs Sally Wilson appointed as a trustee 1610112023. Mr John Chamberlain appointed as a trustee 1610112023. Russell Le Puill appointed as trustee 2710112021. The 27th Annual General Meeting was held on 17 December 2024. The power of appointing new trustees is vested in the surviving or continuing trustees. Maln Actlvltles and Achlevements The Trustees of City Community Church are pleased to report that the Trust has continued to meet its objectives throughout the year. When reviewing its activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance on Advancement of Religion. We have continued to meet in person on Sunday mornings as the Church's main meeting time. We meet in a local primary school hall. 50-70 individuals regularly attend from Exeter and the surrounding areas. City Community Church continues to be 'all-inclusive' and 'all-invited', with meetings open to all, regardless of regular attendance. Small groups continue to be active within the Church with a variety of meetings for Bible studies. worship sessions, prayer meetings, social events and age-specific groups. In addition to work amongst adults, the Church continues to provide an active youth group as well as groups for younger children. new mum's and toddler group was launched in November 2022. Meeting in the local community centre in Heavitree (The Parklife Hub), every Friday lunchtime. This continues weekly and has a number of regular mums who have built friendships & connections with each other as well as our staff and volunteers. City Community Church employs one member of the leadership team on a part time basis to support the running of the Church and the work of its leaders. A part-time Church administrator carries out general church administration and bookkeeping tasks. A part time Children & Families worker oversees all of the children's work during Sunday morning meetings, works closely with the local CofE primary school, and runs the toddler group.
THE CITY COMMUNITY CHURCH (EXETER) CFIARrrABLE TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDING 31 MARCH 2025 A part time youth worker was recruited and employed in March 2024 and runs regular Ifortniglitlv) evening meetings for the youth. The youth worker is also on the leadership team. Our tnembers continue to be engaged in various areas of voluntary work around the city, and the Church often supports these individuals through prayor, or financially, to ensuro the contlnuation of these services for the benefit of the public and the wider Church community. Specifically this inclijdes: Homeless shelters me81 provision and Bible studies. Involvement with school based work Involvement with city wide youth events Fundraising and volunteering to support organisations and events in the city such as Exeter Foodbank. Supporting the Heavitree Parklife community centre in various ways. Such as assisting with activities such as Fun Days and Carol Singing, financial gifts for specific outreach projects and use of their community space for the toddler group and other social events. City Community Church has also provided financial support to some of its members who are currently engaged in Christian mission in other parts of the world, and this is reviewed regularly, both in terms of their level of involvement and financial needs. Regular support is directed to individuals or to organisations that our members are ihvolved in. The Trustees also consider appeals for support from its members, and exercise discretion to make one off gifts as situations become known to them. Going concern The trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. Since April 2019 City Community Church have rented a space within the Isca church omcès in Sandpiper Court, Harrington Ln. Pinhoe. EX4 8NS. In reviewing our level of use and need forthis space, we gave notice of this arrangement in April 2025 and moved out in June 2025. All staff now work remotely from their home. Finahclal Review The Trust reports a surplus of £163 in the year to 31 Match 2025 (2024: surplus £2,337). Overall, income decreased by £861, 2% and payments increased by £1,313, 2%. Cash funds carried forward amounted to £38,699 (2024: £38,536) including £345 in restricted funds. Reserves Policy The Trustees do not consider that substantial amounts should be held in reserve but that there should be sufficient funds to cover short term cash flow fluctuations, legal obligations to staff. and take account of other committed regular giving and expenditure. £15,000 held on deposit has been set as a reserves policy based approximately upon 3 months expenditure. At the year end £38,699 was held in various accounts. The Trustees anticipate that the Church will normally operate at a deficit so the reserves will reduce towards the reserves policv. oec was approved by the Trustees on . and signed on their This rep beha n Richards Chair of Trustees
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CITY COMMUNftY CHURCH (EXETER) CHARITABLE TRUST I report on tlie receipt aiid payments accounts and statement of assets 8nd liabilities of the Trust for the year ended 31 Marcli 2025, wliicli are set out on pages 5 to 7 Respective Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 145 of the Charities Act 2011) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Act; follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145 (5) (b) of the Act; and to state whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of 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 no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent Examinerfs Statetnent In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements: a) to keep accounting records in accordance with section 130 of the Act; and b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mrs S Truran FCCA FCA Streets Bush Limited Chartered Accountants Melrose House Pynes Hill Exeter EX2 5AZ Date: *IK 1£
THE CITY COMMUNITY CHURCH (EXETERI CHARITABLE TRUST RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 31 MARCH 2025 Total Fundg 2025 Total UnTeglrfcl•d R••trfded Fund Fund• unted R•strkt8d Fund• hJnd• 21Y24 Not• RECEIPTS Collections and Gifts Gift Aid Tax Refunds & GASDS Residential Events Todd18r Group Contnbutions Bank Iiiterest 42.471 7,915 4.280 424 1,013 350 42,821 7,915 4,280 424 1,013 40,347 7,276 4,997 473 481 3.740 7,276 4.997 473 56,103 350 56,453 53,574 3,740 57,314 PAYMENTS Resources Residential Events Giving- Overseas & UK Giving - Special Collections Sermces Office Costs General Administration Leadership Independent Examination 3.218 4,735 3,510 200 3.418 4,735 3,670 2,152 5,247 5,500 2,152 5.247 5.500 3,175 1,422 2,095 8,376 26,254 756 160 3,175 1.886 1,993 6,474 33.282 832 1.886 1,993 6,474 33,282 832 1,422 2.095 8,376 26,254 756 55,930 360 56,290 51,802 3,175 54,977 NEf RECEIPTS/(PAYMENTS) 173 (10) 163 1,772 565 2.337 TrANSFER BEfwEEN FUNDS 630 (630) CASH FUNDS BIF 37,551 985 38.536 35.779 420 36.199 CASH FUNDS C/F 38,354 345 38,699 37,551 985 38,536
THE CITY COMMUNITY CHURCH (EXETER) CHARITABLE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025 Tot81 2024 Unrestricted Funds Restrlcted Funds Total 2025 CASH FUNDS CAF Bank Account COIF Charities Deposit Fund Kin(Jdom Bank April Bond Kingdom Bank October Bond Petty Cash 8,418 5,500 10,970 13,392 74 345 8,763 5,500 10,970 13,392 74 9,593 5,241 10,656 12,972 74 38,354 345 38,699 38,536 OTHER MONETARY ASSETS Gift Aid Paye to recover 651 649 413 651 651 651 1,062 ASSETS RtrfAINED FOR CHARITY'S USE Cost of Fquipment (2025 at market value12024 at cost) 5,000 5,000 17,586 UABILITIES PAYE Independent Examiner's Fee 213 960 213 960 178 832 1,173 1.173 1,010 The notes on page 7 form part of these accounts. These accounts were approved by the trustees on by: i /c)éc/- and signed on their behalf Ben Richards Chair of Trustees
THE CITY COMMUNITY CHURCH (EXETER) CHARrrABLE TRUST NOTES ON THE ACCOUNTS YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES The receipts and payments accounts have been prepared under the Charities Act 2011 using a receipts and payments basis. Income Collections. gifts and tax refunds are recognised when received by or on behalf of the church. Expenditure Expenditure is included when paid and includes any VAT which is not recoverable. Assets Retained for Charity's Use Assets retained for Charity's use held by the church are now reported at their market value (previously in 2024, it had been the original cost value). Other Monetary Assets Assets are recognised at the amounts due to the charity which will provide a benefit. Liabilities Liabilities are recognised at the amounts obligated to be paid by the charity. Unrestricted and Restricted Funds Unrestricted Funds represent the funds that are not subject to any restrictions regarding their use and are available for application on the general purposes of the church. Restricted funds are where the income has been raised for specific purposes, for individuals or for specific events. Transfers between Funds Additional money has been given by the Trustees to various individuals and projects, in addition to the restricted income raised. These monies have been shown as a transfer from unrestricted to restricted funds. RESTRICTED FUNDS Three separate restricted funds operated during the year. St Mlchael's Bibles was money raised towards giving bible to pupils at St Michael's School. Hardship fund was money raised to cover one off grants up to £300 to reduce hardship. Individuals Funds was money raised for two individuals and one couple who had significantly contributed toward the church. Transfer to Unr•stricted Funds Balance B/Forard Balanc• C/forward Receipts Payments St Michael's Bibles Hardship fund Individuals Fund Other collections and gifts 472 270 243 115 (200) 1387) 270 75 75 160 (243) (160) 985 350 (360) (630) 345
THE CITY COMMUNITY CHURCH (EXETER) CHARITABLE TRUST NOTES ON THE ACCOUNTS YEAR ENDED 31 MARCH 2025 RELATED PARTY TRANSACTIONS/TRUSTEES' REMUNERATION AND EXPENSES The charity employs four staff members, three of whom are spouses of serving trustees. These employment arrangements were entered into on normal commercial terms, with roles and remuneration levels set according to the charity's operational needs and benchmarked against similar positions in comparable charities. The total remuneration paid to these related parties during the year was £33,340. All employment decisions regarding trustee-connected staff, including appointment, remuneration and performance management, are made by trustees without conflicts of interest, with affected trustees withdrawing from relevant discussions and decisions. The Board considers these arrangements essential for the effective delivery of the charity's objectives, providing necessary skills and continuity of service while maintaining appropriate governance oversight. No trustee received any remuneration or other contributions from the charity during the year. No reimbursement of expenses in respect of services provided by the trustees has been made or is due to be made to any of them in respect of the year.