**REGISTERED CHARITY NUMBER: 1062301**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **FOR**
**CHAFFORD HUNDRED COMMUNITY CHURCH**
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 DECEMBER 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Cash Flow Statement**||7||
|**Notes to the Cash Flow Statement**||8||
|**Notes to the Financial Statements**|9|to|16|
|**Detailed Statement of Financial Activities**|17|to|18|
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity's objects are the advancement of the Christian religion and education through regular meetings of public worship, study groups, youth groups and by other charitable purposes that from time to time may be determined by the charitable trustees.
CHCC has a clear vision for the areas of Thurrock and Basildon and constantly seeks to fulfil that vision through a combination of social outreach and Christian teaching. The programme of events is far reaching and includes:
- The advancement of the Christian Gospel throughout the community by various means.
- Sunday worship with separate teaching for youth and children.
- Parent and Toddler Groups.
- Youth Outreach.
- Provision of Youth work into local Secondary schools.
- Mentoring support and extended education programmes for Secondary schools.
- Church led community based projects
- Financial support for local and international causes.
- Practical support for locally based projects.
- Providing practical and financial support for social outreach programmes in various other countries.
- Support for families, marriages and those in financial difficulty.
## **Significant activities**
1. Average church attendance for Sunday Worship across all four sites Chafford Hundred, Chadwell St Mary, Basildon and Ockendon, was reduced to 253 in 2024 with a number of persons continuing to join the services via live stream.on the first Sunday of the month.
2. Life Groups continued to operate during the year. These groups are managed regionally and have started to form conduits into the community for outreach and evangelism. Life groups operate on a weekly basis where people have the opportunity to explore the Christian Faith in a more intimate environment and to have detailed discussions about the Sermon preached in Church each Sunday.
3. The social action arm of the church is called 180 Project. In 2024 the project did the following:
- Supported the Sozo Foundation in Muizenburg, South Africa.
- Provided the 'Christians Against Poverty' Course.
- Families Support
- Vulnerable Migrants Ministry
- Free School Uniform Project
- Café Connect (including regular drop-ins for people seeking asylum)
- Parent and Toddlers Group
- Knit and Natter - community knitting group
- Mentoring and wellbeing courses in two local secondary schools
- Coffee Afternoons / Warm Hub
- Summer Holiday Club for Children
- Light Party (Halloween Alternative)
.
4. During the year the Church used the services of Ellis Whittam a professional Human Resource and Employment Law service to look after all their staffing requirements including staff contracts and employment policies.
Page 1
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2024**
## **FINANCIAL REVIEW**
## **Financial position**
Incoming Resources for the financial year 2024 amounted to £511,652 (2023 - £535,181) while resources expended totalled £575,423 (2023 - £520,031). The Net resources of the Charity amounted to a deficit of £63,771 (2023 - surplus of £ 15,150)
The Balance Sheet shows total funds of £590.877 (2023 - £654,648).
The Financial Statements shows the Charity's financial position at 31/12/24.
The church's breakdown of General Income in the year was:
|Voluntary sources - collections
Reclaimed tax including interest
Income from other sources
Interest on accounts|**£**
**2024**
387,819
64784
53,727
5,322
511,652|**£**
**2023**
374576
66,654
89,227
,724
535,181|
|---|---|---|
CHCC has sound financial and budgetary procedures in place, and day to day transactions are carried out by the Finance Officer supported by the Treasurer and Finance Committee.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The organisation is a charity, registered with the Charity Commission on 12 May 1997. The charity was established under a constitution, which includes specific objects and powers.
## **Organisational leadership**
Chafford Hundred Community Church is governed by the Trustees in accordance with the governing document. The trustees meet at least 4 times each year. Trustees are guided by the vision presented by Church Eldership and delegate the day to day leadership of the church to the employed staff and to the Site Leadership teams. The Trustee Board is independent from the church Leadership Teams.
## **Wider network**
Chafford Hundred Community Church is an independent church, under the banner of Relational Mission, which is part of the Newfrontiers family of churches. The church cooperates and liaises with a number of other local churches and organisations in the UK, Europe, South East Asia and Africa.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1062301
## **Principal address**
1st Floor, Unit 2 Lakeside Business Village Fleming Road Chafford Hundred Essex RM16 6EW
Page 2
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2024**
## **Trustees**
D Bareham J Morgan S Raj C Coles G Walters (resigned 31.7.24) T Fawehinmi I Nwaiwu A Adepeju (resigned 31.12.24) N Laosebikan 29/10/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
## C Coles
C Coles (Oct 29, 2025 11:06:48 GMT) ........................................................................ C Coles - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHAFFORD HUNDRED COMMUNITY CHURCH**
## **Independent examiner's report to the trustees of Chafford Hundred Community Church**
I report to the charity trustees on my examination of the accounts of Chafford Hundred Community Church (the Trust) for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 Trust 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 applicable 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.
Maurice Brindley BSc FCA
29/10/2025 Date: .............................................
Page 4
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 DECEMBER 2024**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
391,897
Investment income
3
16,336
**Total**
408,233
**EXPENDITURE ON**
**Charitable activities**
4
General Fund
277,169
Project Fund
-
Gospel Project
-
Other
173,813
**Total**
450,982
**NET INCOME/(EXPENDITURE)**
(42,749)
**Transfers between funds**
13
(57,263)
**Net movement in funds**
(100,012)
**RECONCILIATION OF FUNDS**
Total funds brought forward
613,697
**TOTAL FUNDS CARRIED FORWARD**
513,685|Restricted
funds
£
103,419
-
103,419
-
88,992
19,262
16,187
124,441
(21,022)
57,263
36,241
40,951
77,192|31.12.24
31.12.23
Total
Total
funds
funds
£
£
495,316
519,506
16,336
15,675
511,652
535,181
277,169
267,111
88,992
84,287
19,262
8,068
190,000
160,565
575,423
520,031
(63,771)
15,150
-
-
(63,771)
15,150
654,648
639,498
590,877
654,648|
|---|---|---|
The notes form part of these financial statements
Page 5
## **CHAFFORD HUNDRED COMMUNITY CHURCH**
## **BALANCE SHEET 31 DECEMBER 2024**
||||||31.12.24|31.12.23|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||funds|funds||funds|funds|
||Notes|£|£||£|£|
|**FIXED ASSETS**|||||||
|Tangible assets|9|4,905||-|4,905|5,770|
|Investment property|10|230,000||-|230,000|230,000|
|**CURRENT ASSETS**||234,905||-|234,905|235,770|
|Debtors|11|75,064||-|75,064|36,081|
|Cash at bank and in hand||289,362|77,192||366,554|409,616|
|**CREDITORS**||364,426|77,192||441,618|445,697|
|Amounts falling due within one year|12|(85,646)||-|(85,646)|(26,819)|
|**NET CURRENT ASSETS**||278,780|77,192||355,972|418,878|
|**TOTAL ASSETS LESS CURRENT**|||||||
|**LIABILITIES**||513,685|77,192||590,877|654,648|
|**NET ASSETS**||513,685|77,192||590,877|654,648|
|**FUNDS**|13||||||
|Unrestricted funds|||||513,685|613,697|
|Restricted funds|||||77,192|40,951|
|**TOTAL FUNDS**|||||590,877|654,648|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. D Bareham - Trustee
## C Coles
C Coles (Oct 29, 2025 11:06:48 GMT) ............................................. C Coles - Trustee
The notes form part of these financial statements
Page 6
## **CHAFFORD HUNDRED COMMUNITY CHURCH**
## **CASH FLOW STATEMENT for the Year Ended 31 DECEMBER 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|31.12.24
£
(48,384)
(48,384)
5,322
5,322
(43,062)
409,616
366,554|31.12.23
£
1,877
1,877
4,724
4,724
6,601
403,015
409,616|
|---|---|---|
The notes form part of these financial statements
Page 7
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 DECEMBER 2024**
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Increase in debtors
Increase in creditors
**Net cash (used in)/provided by operations**|31.12.24
£
(63,771)
866
(5,322)
(38,983)
58,826
(48,384)|31.12.23
£
15,150
1,018
(4,724)
(13,635)
4,068
1,877|
|---|---|---|
**2. ANALYSIS OF CHANGES IN NET FUNDS**
|**Net cash**|At 1.1.24
£|Cash flow
£|At 31.12.24
£|At 31.12.24
£|
|---|---|---|---|---|
|Cash at bank and in hand|409,616|(43,062)||366,554|
||409,616|(43,062)||366,554|
|**Total**|409,616|(43,062)||366,554|
The notes form part of these financial statements
Page 8
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Critical accounting judgements and key sources of estimation uncertainty**
In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.
Useful economic life of tangible fixed assets:
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Items of music and audio/visual equipment are written off in the year of purchase.
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and bank accounts with no withdrawal limits.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
continued...
Page 9
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Taxation**
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will 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 are recognised at their settlement amount.
## **Financial Instruments**
The charity only has financial assets and 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.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|General offerings and donation
Gift aid
Grants
Miscellaneous
180 Project Including Grants
Youth and Children's Work
Grants received, included in the above, are as follows:
COOP
Family in Need
Thurrock Grant
Other|31.12.24
£
387,819
64,784
5,004
14,200
23,031
478
495,316
31.12.24
£
-
5,004
-
-
5,004|31.12.23
£
374,576
66,654
25,428
21,554
30,756
538
519,506
31.12.23
£
1,483
4,587
10,125
9,233
25,428|
|---|---|---|
continued...
Page 10
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **3. INVESTMENT INCOME**
|Rents received
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
General Fund
Project Fund
Gospel Project
**5.**
**SUPPORT COSTS**
General Fund
Gospel Project
**6.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' social security
Trustees' pensions paid|Direct
Costs
£
271,438
88,992
19,071
379,501
Finance
£
2,977
191
3,168|31.12.24
£
11,014
5,322
16,336
Support
costs (see
note 5)
£
5,731
-
191
5,922
Other
£
2,754
-
2,754
31.12.24
£
40,723
4,365
1,222
46,310|31.12.23
£
10,951
4,724
15,675
Totals
£
277,169
88,992
19,262
385,423
Totals
£
5,731
191
5,922
31.12.23
£
39,840
4,243
1,195
45,278|
|---|---|---|---|
One of the trustees, Mr D. Bareham, was paid a salary during the year for work undertaken on behalf of the charity. None of this salary related to his role as a trustee.
## **Trustees' expenses**
Any expenses paid to trustees are direct reimbursements of costs incurred by them in respect of payments made for charitable activities on behalf of the church.
## **Key management personnel**
The charity considers its key management personnel to comprise the trustees and Elders. Total key management personnel remuneration and benefits for the year are £46,310 (2023: £45,278).
continued...
Page 11
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
|**7.**
**STAFF COSTS**
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Administrative
No employees received emoluments in excess of £60,000.
**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
418,425
Investment income
15,673
**Total**
434,098
**EXPENDITURE ON**
**Charitable activities**
General Fund
267,111
Project Fund
-
Gospel Project
-
Other
153,615
**Total**
420,726
**NET INCOME**
13,372
**Transfers between funds**
(26,878)
**Net movement in funds**
(13,506)
**RECONCILIATION OF FUNDS**
Total funds brought forward
627,203
**TOTAL FUNDS CARRIED FORWARD**
613,697|31.12.24
£
236,275
11,653
4,823
252,751
31.12.24
11
Restricted
funds
£
101,081
2
101,083
-
84,287
8,068
6,950
99,305
1,778
26,878
28,656
12,295
40,951|31.12.23
£
233,480
11,628
5,220
250,328
31.12.23
8
Total
funds
£
519,506
15,675
535,181
267,111
84,287
8,068
160,565
520,031
15,150
-
15,150
639,498
654,648|
|---|---|---|
continued...
Page 12
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **9. TANGIBLE FIXED ASSETS**
|**COST**
At 1 January 2024 and 31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
**10.**
**INVESTMENT PROPERTY**
**FAIR VALUE**
At 1 January 2024
and 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
The investment property was re-valued by Henderson Wood on 5th June 2021.
**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.24
£
Trade debtors
2,344
Tax Recoverable
32,264
Prepayments
40,456
75,064|Plant and
machinery
£
18,000
12,230
865
13,095
4,905
5,770
£
230,000
230,000
230,000
31.12.23
£
705
34,376
1,000
36,081|
|---|---|
continued...
Page 13
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||31.12.24|31.12.23|
|---|---|---|
||£|£|
|Trade creditors|16,035|7,226|
|Taxation and social security|10,616|10,985|
|Other creditors|58,995|8,608|
||85,646|26,819|
## **13. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Project Fund - 10% Fund
Office Dilapidations
**Restricted funds**
180 Project - Hardship fund
The Romford Gospel Project
**TOTAL FUNDS**
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
Project Fund - 10% Fund
**Restricted funds**
180 Project - Hardship fund
The Romford Gospel Project
**TOTAL FUNDS**|At 1.1.24
£
602,093
8,604
3,000
613,697
-
40,951
40,951
654,648
s follows:|Net
movement
in funds
£
(15,319)
(27,430)
-
(42,749)
(57,263)
36,241
(21,022)
(63,771)
Incoming
resources
£
408,233
-
408,233
31,729
71,690
103,419
511,652|Transfers
between
At
funds
31.12.24
£
£
(85,805)
500,969
28,542
9,716
-
3,000
(57,263)
513,685
57,263
-
-
77,192
57,263
77,192
-
590,877
Resources
Movemen
expended
in funds
£
£
(423,552)
(15,319)
(27,430)
(27,430)
(450,982)
(42,749)
(88,992)
(57,263)
(35,449)
36,241
(124,441)
(21,022)
(575,423)
(63,771)|
|---|---|---|---|
continued...
Page 14
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **13. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Project Fund - 10% Fund
Office Dilapidations
**Restricted funds**
180 Project - Hardship fund
The Romford Gospel Project
**TOTAL FUNDS**|At 1.1.23
£
620,727
3,476
3,000
627,203
-
12,295
12,295
639,498|Net
movement
in funds
£
40,181
(26,809)
-
13,372
(26,878)
28,656
1,778
15,150|Transfers
between
funds
£
(58,815)
31,937
-
(26,878)
26,878
-
26,878
-|At
31.12.23
£
602,093
8,604
3,000
613,697
-
40,951
40,951
654,648|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Project Fund - 10% Fund
**Restricted funds**
180 Project - Hardship fund
The Romford Gospel Project
**TOTAL FUNDS**|Incoming
resources
£
434,098
-
434,098
57,409
43,674
101,083
535,181|Resources
Movemen
expended
in funds
£
£
(393,917)
40,181
(26,809)
(26,809)
(420,726)
13,372
(84,287)
(26,878)
(15,018)
28,656
(99,305)
1,778
(520,031)
15,150|
|---|---|---|
continued...
Page 15
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 DECEMBER 2024**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Project Fund - 10% Fund
Office Dilapidations
**Restricted funds**
180 Project - Hardship fund
The Romford Gospel Project
**TOTAL FUNDS**|At 1.1.23
£
620,727
3,476
3,000
627,203
-
12,295
12,295
639,498|Net
movement
in funds
£
24,862
(54,239)
-
(29,377)
(84,141)
64,897
(19,244)
(48,621)|Transfers
between
funds
£
(144,620)
60,479
-
(84,141)
84,141
-
84,141
-|At
31.12.24
£
500,969
9,716
3,000
513,685
-
77,192
77,192
590,877|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**|Incoming
resources
£|Resources
Movement
expended
in funds
£
£|
|---|---|---|
|General fund|842,331|(817,469)
24,862|
|Project Fund - 10% Fund|-|(54,239)
(54,239)|
|**Restricted funds**|842,331|(871,708)
(29,377)|
|180 Project - Hardship fund|89,138|(173,279)
(84,141)|
|The Romford Gospel Project|115,364|(50,467)
64,897|
||204,502|(223,746)
(19,244)|
|**TOTAL FUNDS**|1,046,833|(1,095,454)
(48,621)|
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
Page 16
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 DECEMBER 2024**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 DECEMBER 2024**|||
|---|---|---|
||31.12.24|31.12.23|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|General offerings and donation|387,819|374,576|
|Gift aid|64,784|66,654|
|Grants|5,004|25,428|
|Miscellaneous|14,200|21,554|
|180 Project Including Grants|23,031|30,756|
|Youth and Children's Work|478|538|
|**Investment income**|495,316|519,506|
|Rents received|11,014|10,951|
|Deposit account interest|5,322|4,724|
||16,336|15,675|
|**Total incoming resources**|511,652|535,181|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|40,723|39,840|
|Trustees' social security|4,365|4,243|
|Trustees' pensions paid|1,222|1,195|
|Wages|195,552|193,640|
|Social security|7,288|7,385|
|Pensions|4,823|5,220|
|Youth Work|13,477|14,602|
|Other 180 Project Costs|12,113|12,721|
|Donations|51,882|49,900|
|Children's Work|1,822|1,409|
|Pastoring|9,626|8,583|
|Office Costs|1,165|1,096|
|Licences/Subscriptions|8,978|7,566|
|Staff development and training|26,465|4,321|
|Church Planting|-|3,000|
||379,501|354,721|
|**Other**|||
|Rent|78,666|57,653|
|Equipment|13,920|7,113|
|Office Costs|46,772|42,679|
|Refreshments|6,915|3,872|
|Stationery and Postage|804|428|
|Miscellaneous|18,907|38,216|
|Training|2,160|1,453|
|Carried forward|168,144|151,414|
This page does not form part of the statutory financial statements
Page 17
**CHAFFORD HUNDRED COMMUNITY CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 DECEMBER 2024**
|**for the Year Ended 31 DECEMBER 2024**|||
|---|---|---|
||31.12.24|31.12.23|
||£|£|
|**Other**|||
|Brought forward|168,144|151,414|
|Computer Costs|4,581|5,072|
|Insurance|5,518|3,061|
|Travel|10,891|-|
|Plant and machiney depreciation|866|1,018|
|**Support costs**|190,000|160,565|
|**Finance**|||
|Bank charges|3,168|2,129|
|**Other**|||
|Accountancy|2,754|2,616|
|Total resources expended|575,423|520,031|
|**Net (expenditure)/income**|(63,771)|15,150|
||||
This page does not form part of the statutory financial statements
Page 18