CHRISTIAN COMMUNITY ACTION MINISTRIES FINANCIAL STATEMENTS 31 DECEMBER 2024
CHRISTIAN COMMUNITY ACTION MINISTRIES CONTEKrs Page Reference and Administrative details of the Charity, its Trustees and Advisors Trustees. Report Statement of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Activities Balan Sheet 10 Cash Flow Statement 11 Notes to the Financial Statements 12-19
CHRISTIAN COMMUNrrY ACTION MINISTRIES Company limited by guarantee REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY, rrs TRUSTEES AND ADVISORS Trustees The Trustees throughout the period were as follows: Penelope Cuthbert- resigned 31 October 2024 Rachel Belshaw Patricia Vella - resigned 19 January 2024 Suzanne Knight Rosemary Sandbach - appointed 22 January 2024 Caroline Heron - appointed 19 August 2024 Peter Shirley-Quirke - appointed 16 September 2024 Advlsors Solicitors: Property: Hayes Clifford & Co 16a Norcot Road Tilehurst Reading RG30 6BU General: Hewetts 5&57 London Street Reading RG14PS Bankers: Santander UK Bridle Road. Bootle, Merseyside, L30 4GB Independent Examiner= Rachel Eden Curious Lounge 1st Floor Pinnacle Building Tudor Road Reading RG1 1NH Reglstered Office: 369 Oxford Rd Reading RG30 1 HA Company No: 3437869 Registered Charity No: 1065627 Head of Operations - Clarie Lewis
Tru5tees' Annual Report The Trustees present their report and the financial statements for the year to 31st December 2024. Details of all the Trustees who are also directors of the charitable company and the organisations advisors are Set out on page l. Structure, Governance and Management Christian Community Action Ministries (CCA) is a charitable company limited by guarantee. Its governing document is its memorandum and articles of association. Trustee selection is undertaken by advertising vacancies through churches in the Reading and Berkshire areas and then by inviting potential Trustees to an informal meeting followed by an invitation to observe Trustee meetings. Appointments are made at an AGM; however, Trustees may appoint additional Trustees at any time subject to confirmation at the next AGM. Trustees are not paid. Trustees are asked to fill in a Trustee application form, provide references and, if required, a DBS form. New Trustees receive an induction to the organisation which includes copies of policies and procedures, a visit to each site and informal meetings with Trustees and the Head of Operations. Trustees are responsible for ensuring that the charity serves the interests of its beneficiaries well while ensuring that the organisation is run efficiently and effectively meeting all legal, moral and financial obligations. Trustees set the strategy and policies for the organisation and the day to day management and leadership is undertaken bythe Head of Operations. The Head of Operations is a paid member of staff who oversees the day to day running of the organisation. The Head of Operations reports to the Board of Trustees and is present at Board meetings as a non-voting attendee. Arrangements for staff remuneration are set by the Board of Trustees taking into consideration the impact on business and sustainability and current economic trends. Objectives and Activities The objectives set out in the governing document state that CCA exists for 'Yhe relief of poverty, the advancement of education and the advancement of the Christian religion". These objectives underpin the mission statement of the organisation which guides the organisation towards -Demonstrating God's love by meeting people's practical needs and restoring self-worth". This mission statement has been rephrased to better demonstrate the charivs commitment to supporting the environmentsl and social beneftts of its mission and reads: CCA is o Christffon Charity that seeks to demonstrote God's love by providing prarticol support and promoting emotional and environmental 5UStainabilityfor individuals and communities in the Reading area. Through the year the mission has been achieved across CCA'S network of sites in and around the Reading area by undertaking the following activities: Providing individuals and families facing disadvantage with essential furniture. clothing, household and white goods or nursery items. Providing space to talk and a listening ear for those experiencing loneline55 and isolation.
Providing signposting and assisting access to other services for those needing specialist information and advice. Teaching and sharing skills in repairing item5 such as textiles and woodwork. Providing meaningful work placement opportunities for those frdcing barriers to employment. Providing a weekly hot meal and support services at the Caversham Drop-ln Centre. Providing a collection point for provisions to local people living near our sltes. Running a project to restore, recycle and renew unwanted items. repurposing them; saving on wasteful landfill and providing creative opportunities for local people. Actively supporting ecumenical Christian partnerships. Providing practical items and equipment to the beneficiaries of other local charities with shared values and aims such as: Churches in Reading Drop-in Centre (CIRDICI, Reading Refugee Support Group and ReadiFood {The Reading Food Bank). Achievements and Perfomiance 1,962 people contacted the support centre during 2024 requesting practical help and support of which 581 were referred to CCA by agencies including Reading Borough Council, Brighter Futures for Children and Launchpad. During this year CCA has continued to run a Drop In at Caversham Baptist church which supports those who are vulnerable, lonely, and in need of comfort and safety. The weekly event has fed on average 24 visitors to the Drop In. We are now supporting Care4Calais refugees, and asylum seekers with clothing vouchers. Clients who have been referred to us can receive a voucher that enables them to purchase 10 items of clothes and shoes per person. In 2024 we gave out 61 clothes vouchers. On average each item of clothes cost £4.50 resulting as a net worth of £2,745 gifted items of clothe5 given out. People receiving benefits were able to receive 20Yo off all furntture and white goods in our furniture outlet shop in Northumberland Avenue. Volunteering opportunities and work placements were provided for 103 people across seven centres. In addition to this, sites were collectively open for 6 days per week providing support, information and signposting services to those who came through the doors while selling at low c05t pre loved donated items to local people. Primary purpose trading takes place across five sites which are known as Action & Support Centres" conveying a clearer message to beneficiaries, supporters and the public about the services and opportunities provided. Trading is undertaken by selling donated items at low cost. Items are cleaned, repaired and made good for sale by volunteers and work placement students supported by a dedicated paid staff team. The charity has a busy, well-stocked warehouse which also provides the base for its two van crews which are staffed by a mix of paid staff and volunteers. This team distributes donated and refurbished items to individuals in need as referred by teams in the action and 5UPPOrt centres. This year the warehouse team made 470 visits to collect 2,390 items and delivered 3,200 items to 669 places.
Public Benefit Trustees have considered the Charity Commission guidance related to public benefit and can confirm that its action and support services are available to all local people and groups in Reading and surrounding areas and open to people of all faiths and none. The charity actively promotes its services within the local communities where it operates through: advertising, outreach at churches, community organisations and local partnerships and social media. Statistics are gathered relating to the locality base, gender, ethnicity. disability, housing status and religion which are then monitored to establish if there are any gaps in service provision to any identified groups of society. Financiol Review During 2024 the focus has been on stabilising the organisation and ensuring that the operations are sustainable. The 5UPPOrt and action centre in Whitley was closed in February 2024 and operations at the shop in Northumberland Avenue were relocated to the Warehouse on Cardiff Road. As a result of these changes income from the trading site5 totalled £386,235 which was down from £445,741 in 2023. Although sales decreased in the year, donations from individuals and churches increased significantly to £101,622 {2023: £66,209) following a special appeal and costs decreased overall to £566,654 {2023: £608,522) as a result of site closures. Overall there was a loss forthe year of £19,55812023: £55,509). Income In 2024, the majorrty of the chariVs income was made up of: £101,622 {2023: £66,209) from individual and church donations and regular giving- £46,65012023: £34,333) from grants, and £386,235 {2023: £445,741} from primary purpose trading and the selling of donated items. Fundmising CCA is commrtted to its charitable aims. and fundraises in order to help alleviate poverty, in particular furniture poverty. for our clients and customers in Reading. CCA abides by the Fundraising Regulators Code of Practice and does not use external fundraisers. Regular giving Some of the churches in Reading and surrounding villages provide regular as well as ad-hoc financial support. We also have a number of regular individual financial donors as well as some ad hoc financial donors. Legacies CCA occasionally receives small bequests. Council support RBC provided a generous grant of £75,000 in 2022 and subsequently provided a further £10,000 in 2023. There was a final payment in 2024 of £10,000 in support of our white goods service as well as a small ongoing grant for our support services as part of theirTackling Poverty Partnership. Grant and Trust Income CCA applies for and is awarded income from some trusts and grants. CCA doesn't employ a specialist fundraiser so income through thi5 route is limited and not predictable. However, we employ a Business Development and Fundraising Lead.
Shop Income Whilst some of our shops make a small surplus that is used to subsidise the shops in the most deprived areas of Reading our pricing policy is to price appropriately so that customers of limited means can buy essential household items and clothes as well as children's toys and books at reasonable cost. ReseThes CCA has a reseNes policy which aim5 to maintain the equivalent of three months running costs held in unrestricted funds. At 31 December 2024, unrestricted reserves were £207,79012023". £231,038). Thi5 includes the value of the warehouse which has a net book value of £160,800. Cash reserves are £51,321 at 31 December 202412023: £58,044) which equates to le55 than two months of core costs. There is a continuing focus on increa5in8 the cash reserves through increasing income to ensure the future stability of the charity. Risk Management Trustees regularly monitor any likely risks to the organi5ation at their monthly meetlngs. A risk register is in place to document the risks identified and how they can be mitigated. Future Plans In the year ahead CCA will be focussing on building a sustainable organisation to maximise the impact it can have for the people of Reading and the surrounding areas. This includes: l. Continuing the provision of practical support for people facing disadvantage and reviewing the activities of the Support Centre to ensure it is delivering the most effective seNice to clients. 2. The provision of safe, supportive and enabling volunteering or work placement opportunities empowering people facing barriers towards progression and fulfilment. This includes offering work experience to students. 3. The provision of open and inclusive Christian community spaces that are friendly and welcoming and address local issues and needs. 4. Addressing climate change by reducing waste, renewing things that lost their first purpose and creating a positive culture of the reuse of things that as a society we can no longer afft)rd to just throw away. 5. Establishing the relocated furniture outlet, CCA Home, as a viable operation.
Statement of Trustees. Responsibilities The Directors are responsible for preparing the annual report and financial statements in accordance with applicable law and United Kingdom Generally ACpted Accounting practice (UK GA4P). Company law requires the Directors to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure. of the charitable company. In preparing these financial statements. the Directors are required to: select suitable accounting policies and then apply them consistentty: make judgements and estimates that are reasonable and prudent: observe the methods and principles in the Charities SORP." and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business. The Directors are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the Companies Act 2006. They a 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. In preparing this report, the Truslees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. Approved by the Board on 28 July 2025 and signed on its behalf by: Rachel Belshaw. Acting Chair and Treasurer
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Christian Community Action On accounts for the year ended 31st Dember 2024 Charity no 1065627 Set out on pages Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity's trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to- examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent My examination was carried out in accordan with general Directions given examiner's statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden 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 In connection with my examination, no material matters have come to my examiner's statement attention which gives me cause to believe that in, any material respect," the accounting records were not kept in accordan with section 130 of the Charities Act other than that disclosed below., or the accounts did not accord wtth the accounting records" or the accounts did 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 Irue and fair, view which is not a matter considered as part of an independent examination. I have Gome 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 Date: 29th July 2025 Signed: Name: Rachel Eden IER December 2017
Relevant professional qualification(s) or body (if any): FCMA (Fellow of the Chartered Institute of Management Accountants) Address: Holy Brook Associates, Curious Lounge. 1 st Floor. Pinnacle Building, Tudor Road, Reading, England, RG1 1NH Section B Disclosure IER December 2017
CHRISTIAN COMMUNITY ACTION MINISTRIES (charity 1065627) Statement Of Financial Activities (Including the income and expenditure account For the ear ended 31st December 2024 Unrestrlcted Deslgnated Restricted Funds Funds Funds Total 2024 Total 2023 Notes Income and endowments from: Donations & legacies Donations (Individuals & Churches) Grants Received Legacies Charitable Activities Charity shops. support ntreS & furniture warehouse sales Other income 101.622 22,983 101,622 46,650 66,209 34,333 23,667 386,235 9,396 386,235 9,396 445, 741 1,259 Investments Bank interest Other Legacies Total 2023 Income 3,203 3.203 4,472 523,440 541.649 23,667 11.395 547,106 553,014 Expenditure on: Raising Funds Charitable Activities Charity shops, support centres & fumiture warehouse 537,770 28,894 566,664 608,522 Total 2023 Expenditure 537,770 600.456 28,894 8.066 566,664 608,522 Net income l (expenditure) {14.330) 15,2281 (19,558> (55,509) Transfers between funds 12 (8,918) 8,918 Net movement in funds {23,248) 3.690 119,5581 (55,509) Reconciliation of funds Total funds brought foward 231,038 8,032 239,070 294,579 Total funds carried forward 207.790 11,722 219,512 239,070 Page 9
CHRISTIAN COMMUNITY ACTION MINISTRIES (charity 1065627) Balance Sheet As at 31st December 2024 Notes 2024 2023 Fixed Assets Tangible fixed assets 161,661 169,514 Current assets Debtors stock Cash at bank and in hand 7,053 24,041 717 58,044 51.321 Total Current Assets 58,374 82,801 Creditors: amounts falling due within one year 7&8 (524) (4, 495) Net current assets 57,850 78,306 Creditors: amounts falling due in more than one year (8, 750) Provision for Liabilities Net assets 219.512 239,070 Funds Restricted funds 12 11,722 8, 032 Unrestricted funds: 13 207,790 231,038 219.512 239,070 The Trustees consider that the company is entttled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ('Ihe Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. The Trustees acknowledge their responsibilities for complying with the reqU1MentS of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements were approved by the trustees on 28 July 2025 and signed on their behalf by Rachel Belshaw (Acting Chair) Page 10
CHRISTIAN COMMUNITY ACTION MINISTRIES Cash Flow Statement Year ended 31st December 2024 2024 2023 Cash generated for Operating Activities: Net Cash Provided (used in) Operating Activities Cash Flows from Investing Activities Dividends, interest and rents from investments Proceeds from sale of property, plant & equipment Purchase of property. plant & equipment Proceeds from sale on investments Purchase of investments Net Cash Provided (used in) Investing Activities Cash flows from Financing Activities Repayments of Borrowing Cash inflow from new borrowing Receipt of Endowment Net Cash Provided (used in) Financing Activities 2,028 (39,118) (3,095) (8,750) (2,665) (8,750) {2,665) Change on cash and cash equivalents in the year (6,722) (44,877) Cash at Bank and in hand at start of year Cash at Bank and in hand at end of year 58,044 51,322 99,828 58,044 Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Net income l (expenditure) as per the SOFA Adjustments for:. Depreciation charges (increase) I decrease in stocks (increase) I decrease in debtors increase l (decrease) in creditors Net cash provided by (used in) operating activities (19,558) 7,853 717 16,988 (3,972) 2,028 11,519 (3.826) 5,311 1.492 Page11
CHRISTIAN COMMUNITY ACTION MINISTRIES Notss to The Financial Statements Year Ended 31st December 2024 1 Accountlng policies The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Christian Community Action Ministries meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 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 at Bank and in hand Cash at bank and in hand includes cash and short term hTghly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Liabilrties and provisions 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 company 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. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. Financial instruments The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors. Critical accounting estimates and areas of judgement Estimates andjudgements are continually evaluated and are based on historical experience and otherfactors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions: The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. Critical areas of judgement: Tangible fixed assets Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. Residual value assessments consider issues such as the remaining life of the asset and projected disposal values.
l Accounting policies (contlnued) Funds General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs. where separately identifiable. of raising and administering such funds, are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Incomlng resources All incoming resources are included in the Staternent of Financial Activities when the company has entitlement to the funds. probable of receipt and the amount can be measured with sufficient reliability. Grant income from institutions is recognised when it becomes receivable. Where grants are received for specific purposes in advance of the performance of those services grants are not deferred unless there are specific pre- conditions for use. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation. Donated goods The value to the charty of donated goods sold is recognised as income when sold. The proceeds of sale are categorised as 'lncome from charitable activities. in the SOFA. Fixed assets Assets. whether donated or purchased, are only capitalised if the trustees consider that the assets will be held for continuing use in the charity and have a value in excess of £1,000. Fixed assets other than freehold property are depreciated at 33.30/0 Straight line; freehold buildings are depreciated at 4¥0 Straight line; land is not depreciated. Leased assets Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term. except where the period to the review date on which the rent is first expected to be adjusted to the prevailing market rste is shorter than the full lease term, in which case the shorter period is used. Allocation of central costs Staff costs are allocated to Governance and the Generation of Funds based on the estimated time spent on these activities. Other costs are specifically charged to these activities. All other centra5 support costs are included with the costs of Charity shops. Support Centres and the Warehouse. Pension The charity operates a Stakeholder pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year. Resources expended Resources expended are analysed between charitable activities. support costs and governance. Charitable activities include gifts to other organisations. Support costs include the cost of administration. Governance costs are those related to the role of the trustees and the external scrutiny of the accounts. VAT VAT is charged on some goods and serdices received by the charity. In most cases this can be recovered and costs are included in the accounts net of VAT. Company status The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up. the liability in respect of the guarantee is limited to £10.
CHRISTIAN COMMUNITY ACTION MINISTRIES Notes To The Financial Statements Year Ended 31st December 2024 2 Grants Received 2024 2023 For General Funds Government Small Business Rates Grant Govemment Narrowing the Gap Grant Kick start funding Total Government Grants Society of the Holy Child Jesus Reading St Lawrence Church Lands Berkshire Community Fund Grants under £5.000 10,000 10.833 10.000 20,000 10.833 10,000 5,000 3,000 Total Unrestricted Funds 35,000 23,833 For Restricted Funds National Lottery Community Fund (to fund the move of the furniture store) 3,650 Reading St Lawrence Church Lands (to fund provision of white goods to clients) 3,000 3,000 Shanly Foundation (to fund provision of fumiture and white goods) 5,000 Berkshire Communty Foundation (to fund the provision of beds) Total Restricted Funds 5,000 2,500 11,650 10,500 46,650 34,333 Page 14
CHRISTIAN COMMUNITY ACTION MINISTRIES Notes To The Financial Statements Year Ended 31st December 2024 3 Total Resources Expended Costs of Generating Funds Charitable Activities 2023 total 2024 totsl Costs directly Charged to activities Staff salary costs Other Staff Related Costs Premises Motor Vehicles Disbursements offi and other costs 319,713, 1,214,; 114,266 319,713 1,214 114,266 5,857 13,967 51,274 316,252 805 126,811 5.944 12,624 58,410 13.967, Support costs allocated to activities Staff salary costs other staff related costs Premises Office and other costs 27,681 1.690 50,636 1,093 1.690; 14,848, 14,848 21,579 Governan costs Staff salary costs offi and other costs 15,554 600 13, 789 580 600, 566,664., 566,664 608.522 Governance and Generation of Funds Staff costs are allocated based on estimated time spent on these activities. other costs are specifically charged to these activities. - Governan includes Independent Examiners fee £600 (2023 £560) and allocated staff time £15,554 (2023 £13,789) No other services are provided by the independent examiner All other central support costs are included with the costs of Charitable Activities. CCAM is given free use of Caversham Baptist Church premises a day a week for its drop in centre. Estimated value £750 (2023 £750) Page 15
CHRISTIAN COMMUNITY ACTION MINISTRIES Notes To The Financial Ststsments Year Ended 31st December 2024 4 Tangible Fixed Assets Land & Motor Plant & Fixtures Computer Buildings Vehicles "Machinery" & Fittings" Equipment Totsl Cost 31st December 2023 Additions Disposals 31 st December 2024 240,000 :: 34.045 . 20,864 . 10,379 . 19.291 324.579 240.000 ' 34,045 ' 20,864" . 10,379 . 19,291 324,579 Depreciation 31 st Dember 2023 Charge for year On disposals 31 st December 2024 74.800 . 31.365 ' 19.230 ' 10.379 19.291 155.065 7.853 79,200 . 34,044 . 20,004 ' 10,379 ' 19,291 162,918 Net Book Values 31 st December 2024 160,800 . 860 161,661 31 st December 2023 165.200 2,680 1,634 169,514 Included in Land & Buildings is land at £130.000 (2023 £130,000) not depreciated. 5 Debtors 2024 2023 Prepayments Debtors 4,771 2,282 7.053 21,906 2, 135 24,041 6 Stock New flat pack fumiture, White Goods and small Electrical appliances 2024 2023 717 Stock of new flat pack furniture, white goods and small electric appliances are valued at cost 7 Creditors falling due within one year 2024 2023 Creditors and accruals Soci21 Security and Other Taxes Deferred Income 524 4,495 524 4,495 Page 16
CHRISTIAN COMMUNITY ACTION MINISTRIES Notes To The Financial Statements Year Ended 31st December 2024 Creditors falliing due in more than one year 2024 2023 Santander Bounceback Loan 8,750 9 Net Outgoing Resources These are shown after charging: Operational Leases Independent Examination fee Depreciation 2024 2023 75,868 600 7,853 81,959 580 4,400 10 Staff Costs & Use of Volunteers 2024 Average Amount Number 2023 Average Amount Number Salaries National Insuran Pension contributions 336.526 20.481 5.941 357,508 16,889 6,280 staff costs 362,948 23 380,677 25 No staff member was paid remuneration in excess of £60,0[ in the year. The remuneration paid to key management in the year was £103.696 {2023 £91.927) Volunteers provide invaluable time and energy supporbng the organisation by.. Driving or being the crew of the collectionldelivery vans which supply goods lo our clients Providing the retail support in our shops- sorting donated goods. creating wtndow displays and operating the till - Providing expertise in an administralive capaaty in fields such as IT, finance and markets'ng 11 Commltment under Operating Leases At 31 December 2024 the totsl of the Charity5 fubjre minimum lease payments under non-cancellable operab.ng leases was.. 2024 2023 Operating Leases which Expire: Within one year Between one and five years Ovei five years 45.750 38,063 60, 750 53,813 83,813 114,563 Page 17
CHRISTIAN COMMUNITh ACTION MINISTRIES Notes To The Financial Statements Year Ended 31st Dgcember 2024 12 RestriGtsd Funds 1stJanuary:' Incoming reSoUrS Outgoing resoUrS Transfers 31st Dernber Fund.. Year 2024 Caversham Drop In Centre Small Electrical Goods Whtte Goods Drop in Café CCA Home Beds 1,815 14,983} 3,168 791=. 791 7,741 12,5001 110.6611 110,7501 128,8941 13.852 5,000 23,667 3,191 5.750 8,918 8,032=: 11.722 Year2023 11.395 (8,066) 1,345 "Caversham Drop In Centre" represents income and costs specifically for the operation of this centre. "Small Electrical Goods" represents a grant received for providing sm811 electrieal goc*Js to clients 'White Goods" represents grants recEived for providing white goods to clients. "Drop in Café" represents a grant received to establish a café in partnership th a local church. "CCA Home" represents funds raised specifically to establish a new fumiture oulet "Beds" represents grants and donatsons reiVed for the purchase of new bS for clients 8,032 43 Funds Analysis Creditors falling due in more than 12 months TOTAL 31st DecembeT 2024 Fixed assets Current Assets Current Liabilities Provision for Liability Unrestricted general funds Designated general funds Restricted funds 161,661 46,652 {524) 207,790 11,722 11,722 Total funds 31.12.2024 Totsl fvnds 31. 12.2023 161.661 169.514 58,375 82,801 15241 219,512 234,670 (8.750) 14 Transaction5 with Trustees No remuneration or expenses were paid to Trustees12023 Nil). Donations made to the charity by Trustees totals £2.222 (2023 £1,985) Page 18
CHRISTSAN COMMUNITY ACTION MINISTRIES Notes To The Flnancial Statements Year Ended 31st December 2024 15 Post Balance Sheet Events There have been no material post balance sheet events. 16 uitirnate Controlllng Party The ultimate controlling party is that ofthe Trustees as stated on page 1 of the financial statements 17 Related Parties There were no transacllons wtlh Related Parbes during the year12023 Nil) Page 19