REGl&iTERED CHARITY NIIMBER: 106811 EME MQLlN.TIQN iPQLTOLlQ£ktL£H Lemans Chartered Certsfied Accounian 2() Arboretum Sireel Noiiin&Tham NolliDg>hatnshire NGI 4JA
zi NAP Ll IYTENT FTH NDED31 DE EMENT EMBER 2024 Report of the TnJ51ees IndepIdlI Examiner's Report Ststemenl of FinAncial Actlvities BAl*nct Sheet iyoies to tht FlnAn¢lAI Sthtemtnts () 10 16
QLNT LIQN_AP LIC IRCH PORT OF THE TRIISTEES 'EAR IYD The iTUStees present their re]K>n iiiih the financiay slalemrnls of the Chariti. for the l'ear ended 31 December ?1124 The Inlee5 hai"'e adopied the proi"isions of Accounling and ReFQrting . Chanlies. Sialeml ol. Recommended Praciice opplicable lo chanlies prepanns their accounts in accordance Mith the Finoncial Reportins Stsndard applicable in the UK and Republic ofireland IFRS 11121 (elTectii'e l JanuaTr' 211 iyi. The financiai siaiemenis hai'e been prepar in accordance Mith ihe accolIng policies set oul in notes lo Ihe accounts and compli. Mith Ihe charili"'s goieming docum1. Ihe Charities Act 21111 and AOunting and ReTK>rting bv Charilies.. St41lement of ReCommded Practsce applicable to charitie5 prep[ng Iheir COUn1S in accordance iiith the Finan¢ia] Reponin¥ Siar¢dard applicable In th¢ Llk and Republic ol. Ireland publishtxl In Oclobw 2111 Y. OB.IF.rfivF,S AND A1VITIEs Objef tives and aiins Th¢ oi ¢roll objeciii e of ihe Mouni Zion Aposlolic Church is sel ovl in its constitution iihich Sthles thai il operates for "The [1 ancemenl of relig)ioii. specificthli lo eipound lh¢ Gospel of Christ according lo die Aposiolis, Docirine" alongside 15UPPOrting chariiable actii its&8 ihat are for ihe benefit of the resid15 of Nollingham and iiider are&8. tLS the chutch Sh1. rrom lime lo lim¢. deiemiine. ORGANISATIONAL STRiICTIIRF. & DF.CISION-MAKING PROCF.SS Th¢ Cliotill is conirolled h its bTrOiLminb docuniLni Ihal con51ilulLS an [inCorporated chon'h". Appropnale slalT are emplm'ed lo meel Ihe church's needs Memberfs meetings are scheduled lo be held fovr limes ea¢h I'ear. All members are encouraged io parncipate In these meets"n¥s ilhere the spiriluai and practical objectiies of the Chan are thscus5ed and agireed. Publi¢ bwiefit 'Ihe obJeLiiieslaclii'ili£5 and Ihe a¢hiei"emenLlperfomiance seclions of Ihe repoTI clearli. sd oul Ihe a¢tii'ilieg iithich the chariii underiaKes for the public ben¢fil. The Truste¢5 confimi ihai the% haie complied its dull in Seclion 4 of the C'haniies Aci 21MK? lo have due regyard lo Ihe public benefit gUidce publish lTh' the C'ommissi¢)n in detemiining the actsfviues undertaken kn. the chanli,. The NLHF ini esimenl ilill enable sw'eral si¥nificw)l impro%'em¢nts to the bLulding. Mljich ivill In lum ailoii il lo beiler s¢ne its lo¢a] commLmii!'. Resloringi and fulli. reopening this hislonc bLllldinb7 111 enable Mount Zion Apostolic Church (MZACI io coniinue lo sene Ils local cominunili as a place of Morship. a commLmil}' hub. and one of Nollinbham's busiesl r(N)dbunks MZAC been th'splaced fron) its building for seierai l'ears and are lookinb fornard 10 gyeiiingi back to sen.in Ihe communih. as before. Page I
Ll RKPORT
_F THE TRIISTF.F.S 'EAR ENDED31 D ACHIEVEMENTS AND PERFORMANCE Ch#Jilftble aetivities Children and Young People (CTr'PI Throughoul ?11?4. the clll'ldren actsi eli. sho1¥cas their tal¢ts through i'anous perf0muces. including dance. songs. skits. and a puppei shoii" iithere Ih&' designed 8J)d filmed puppeis for a ChrisimtL8 presenialion Thth. also delii'ered a mime-b&4ed drama ai Cl)rislm&s. fealuring) ¢oslun)ts. and e.%plored the "fNI15 of the Spiril" from Gaiaiians 5 wid Proi erbs 2u. focusin on i'inues such as loi'e. Joi.. peace. patia)ce. Lindntts. g'oodness. faith. gen11(. and self-control. Durinb the lead-up lo E&sl¢r. their fflihusi&8m for praisiny the Lord dirough dance parts"cularli' ei"idenl Willi the th¢our8gemenl and suppori ofiheir leaders. the children and ) oun&, people conlinue g?roi% in confidence and boldne4. Education The U¢ll110n depanmenl offers online sessions iliih dedIled ieachers and gl1 speakers. alloiling housebound indiliduais and those outside the loca] communil!. lo join Bible sludies and Iraining. This h&8 expanded the s'lobai communiTh". In-peon educational me¢lings occur Noniich House in Ihe C'il!. Cent. ii'hile ihe Neii. Life Bible sdI. for baptism candidaies is held dunng the SundaN. Seri ice Lullerell Flall. Women's Gn)up We are bTratsfu] for anoiher ii'onderful i eor. Despiie the pendin&Tr church buildinbp refuTbishmenL lie sta) ed connected i%iih Mouni l.ion's ii'omen and Inends through SOCI medi& Loom. ond in-person g>*herings We enjth.ed Iii'e iiorship. LonNenlions. ¥roup discussions. and Bible stuth. siaiing a)gab'LxI iiith God's i%ord. We sUPPOrttxE each other dwin8 bereai'ements and illnesses iiiih prn'ers and encoura&7emeni, shoiiing God's love. We ilryll mwntwn our collalKirnlion lo demonslrate benei'olonc¢ offer Erf)th social and spiritual iniliatsi'oq 14ithin the communiii and the church. We lo sharv Chnsi and rosier logdhemess lo slrengthen fwih and r¢Ilonships. and ive hope this conlinues in 21Tr25 and bej'ond This l'ear. all our eients Includ combined fello1hIp for men. Ivomen. and i'ouny people. In ?1124. lie L#)joi uur first in-person prai'er br¢akfa%l since COVID- l () the Noni'ich House This ell-recei1 ed ei enl lias loll0¥11 h. a Spring. Bank Holidm, felloiiship. a piLMic RushclifTe CO1 Park" in Aug)usl. and a Seplember Rii er Cruise on the Riler Treni. Each eieni gamered p05111%"e feLxlback 1th C1$ for more frequent gatherin¥s, Our CornmutUIi' Christmas felloii'ship dinner in December also ell enjoi'ed. Men's Grnup In 21124. Mi Zion's Men's Team continued and eXpded Ils acliTrilies. Oi er the pasi l'ear. ow focus w"&4 on.. - M•)'s social actsi iues Hosled a dinner ¢ruise dong Ihe Rii'er Treni for Mi Zion memr9 and the Comm1.. raising fund5 for ihe Mt Zion buildinb. - Conducted outreach and In-reach efforts lo men Mithin Ihe eMblI. Proi Ided Individual minislT%' and oulT¢ach Sen ices io I'ulnerable men. In summaTr". lie Continu our Seri ol. prai'er breakf&¥ts for men al Muslard Sa. Aftthded nien from M( lion as Mell &s oiher &5semblies and palrons. The proprielor of MSIard Sewj supponiie of our practice of ilorshipping a]oud during? our meeiinybs. iiknich hL8 also atlracted Inl¢re5t from i'isitors lo lh1 Iwkshop about the church and our Men's Felloiiship Due io Ihe success of our Men'5 Prth'er Break"f&sls. other churches haie preSl inlerest in hostsng fuiure ei.ents Mhile li'e are oul of our building We il'ill a150 Utili/.e Non%ich House as long as il is ai wlable. Our goal is lo en&Tragie lIh the Wesl Bridb?ford communih. HheTe ie meet Jnd [ri1 our mission. We support our member5. especialli. the i'ulnernble. Ihrough in-peT50n inleract]"ons and calls. Our Men's ijer and team &ssi$i those in ill heth or h05pilajii. cts)rdinatsng li iih families and i i5ilin&' Ihe hOelM)und. Thvj. also help inth"iidua15 14.ith limtied mobililN'. promoting, good f¢lloiiship and a)cournbtinbT them lo i'enluTe out more oft. Page 2
RF.PORT 'THF.'I'R1ISTEF. A highli¥hi of Ihe p1 s'e4r a5 a senice organil.ed bl. the M¢n'5 Group for Memorial sund.. This eienl honored the conlnbutsons of our members. past and presenl. iiho hai e serned In the Arm Forces. reco8nitson Mas spli lo a member iiho passed all. suddenli, last l'ear and Mhose life i¥e h&t not i'el celebrated Our Men'5 Leer liaised iiiih the R'al Air Force (RAF). iithere Ihe member sm'ed iiiih di51inclion. 10 obiain his sen'ice record A member of ow &ssembli' proiided pi¢lur£5 from his time in the forc&. Oilier ielerajis in ow assembl! also conlribuled pictures from Ihwr seTr'ice. much lo the delighi of ottLmdees. Includinb bpraleful famil!, members. Brother Comeliu5. litho retired &s a Sergeant nrtd i¥'&s Ihe Heai!'ii'eighi ChJmpion of the RAF. had his fighi liliched h. Sir HenTh" Cooper. Although Ihe RAF unable 10 sa)d repr(¥eniI0n. our Men's Team Leader ii'&s invited io a ceremoni" and dinner al The Embankmenl and Wesl Bridsiford. allded bi. Ihe Duk'e of Glouccslershire and other disnl1ariL. This ei'eni alloil him lo mak-e ilth1e cffllacts for ihe church. Blxtk History 2024: CeltbiMling Hidden Hutories And Rthinz AspbrRtionJ SinLe its launch in 11112. the BlaLk Hisioj! ExhibiiJ"on Compeliuon has been a Lori?erslone iniliatiie ain)ed al raising &gpiralions wid deepenin&i aiiareness of Block Hislon amons pupils aged 7 10 1 l. The BHEC Is lo the communili" and loc pnmarn schools and continues lo impacl both sludenls and 1Calr5. This I'earf4 competilion focused on the theme Hidden Histories. Celebrating Black Contribuiions lo Bnttsh Societi.. eiplored the ollen-oi erlwKed InflUCe of Black indii jdu5 across a rang?e ofhisioricJ w)d ¢onl¢Nts Pupils The competiiion. culniinales in a celebr&lion ei enL sponsored h. the Uniiersil!. of Nollin¥hanL 10 recognise the creativili. [d research ol'i¥inn¢rs and runners-up. iiho each receii e a ¢enificaie from the Unli ersity. Prei ious iiinners haie spoken about holi ihe perice m&le llIer$Its. feel like a more taInable gToa] and brothlened Iheir undersianding ol. possible fulure ¢8r$. One I Ik%'¢ur-old M'irtn¢r shared ihai ih¢ conipelilion made her feel more Iikeli. lo bbo lo unli ersil>. ilhile a C).i'ear-old iiinner. remarked th the research had eipandd her knoii.ILal&)e and opened her th.es lo n•i' re¢r wssibililies. FO¢bAnk Volunleers haie conlinued Iheir diligenl Hork the foodbank oier ihe p&sl lear. and ile are deepli. gratefu] for Iheir dedicatjon. Hope House. alon&i i¥iih donaOnS from supemwk'eLS and indii'iduals. keeps ihe f(M)dbanK' nmninb, In 211?4, d&spite 5uppII' 5hortabye5. our SUPPOTlers proi'ided crucial resource5 Mount Zion's Mission. part of the Hope Nottingham netiiDrk. supplied food parcels to thos¢ in need.. Referrals. 11131 Adults. 131)1) Childro) 1)711 The r(N)dbank also sen'es hol drinks and refreshments. TRIISTEE SIIMMARY OF KEY FACTORS Building Works For mani. N'ear5 Mouni Zion Aw)slolic Churth hai¢ fwided s¢ierai sma]l ¢nrgrI, repairs thenwlio5. Th¢ slate of the building al present requires Signifi11 IransfomliOnal repalr I1th no a]temaliie. In Sept¢mber 211? l Mount Zion Apostolic Church ivas olTered. a Dei elopmffll Grant loivards their Building Projecl . Ihe Nalionai LolleTh" Herit)e Fund INLHFI. A lender process underlaK" io seek a Consuiiani Project Maner lo manage Ihe projecl and Pu15e Consult iiere successful for this role. ThL Deielopnienl Phe of ihe projecl finalised in Ociober 2112J and submi&%ion of a second bid io the NLHF for capi1 fundingj for ihe Delii"eTh' Ph&se look place In Noi'emb¢r 21123. Response from the NLHF look place In March 21124 Page 3
INT BEPORT OF THE.TRIISTEES 20 Mount Zion Apos(oli¢ Chur¢h h&8 been aiiarded a grani from The Natsonal LoiieTh" Hentsge Fund for a projecl enlill1 Piclunng the Pl Consen'ing and Celebratsng our Herilage. This initiutsi'¢ ilill focus on reslonng the building> locatd in the Radford area of Nollingham. Fundraising The church Is heaiili. dependeni on its membership in aspecs of IL8 actiiiti&%. Apart from their inioli'emenl in the rwining) of tdl the g)roup aclii Ilies. their financi SUprt underpins a substhnliol part of the church's objeciiits. The ¢hur¢h continu(% io rais¢ lh¢ funds 10 1SSi51 specificaili Mith actsiitits from iNiiliin its omn membery'hip. con¥regalion and communiti ihrough rdrSing ei'ents Once Ihe building project is complete. the nmi. electricai and healins? sen Ices Mill also reduce running cosis. producin¥ significant ener&ry el-ficiencies and financial saiin&?s. 'this iiill the chuTdJ lo channei more funds into con)munil!' projects. FINANCIAL REVIEW Finan¢iNI pojition The finan¢iai resulis for ihe i'e4r. logeiher iiiih a Summ. of the UntIng policies adop1 are set oul in the cc0nipt1 In& financial stalemenl. Tolai Incomin&) Resources for th¢ I'eur lo 31 December ?1}?4 H'ere £42(1.103 {2023.. £233,34C)) Tolai Resoiirces Eipended for the l'ear i¥'ere £225.X115121123.' £233,11261 Unreslricled Funds al 31 Deceniber 21124 i¥ere l?(y2.222121123 £221.45?)) Restncled Funds 31 December 21)24 1%'ere *163.X2(112112.1 £111.3%1) Rlsk Revle The TnLslee5 mtunlain gn mInatiOn of the major risks M'hith Ihe charih. nuyhi hai'e lo face and confim relei'ani policies are in place io miligale iihatei er cons4uenctts arise. SI'RII{'I'IIR&-, GOVERNANCF. AND MANAGEMENT Goveniing docujneiit The chilni! Is conirolled M. ils goi'emingi dument. a deed of InLSt and constt"tutes an unincorwraled charits.. RF.FF.RF.NCF. AND ADMINISTRATIVE DETAILS Registe1 Chaiity iiunibti. Priiiripal addn¥s C'hurchfield I,ane BobbeJ%mill Nollingyham Noitin&>hamshire NG7 5QS T1$tee3 Minister.. Pastor Trei'or Anderson Elected". Lorna Fred¢rick Charli'n Johnson Bam, Chambers Paul¢lle Jerrr•' Se8n Deer Page 4
NAP TOLI RE.-POR_T O.F THE_TR_liST.EES_ REFERENCE AND.4DMINISTRATIVE DETAILS Independent Tr:xaminer Lenwis Chanered Certifie41 Accountants 21) Arl)oreiwn Sireei Noiiingham NoIiin¥hanhlre NGI 4JA Approi ed th order of the board of InleeS on 21 2aU-and signed on its behalf,. P&sior T Anderson - Trusiee Page 5
INDEPENDENT EK4MINER' -_lLEPQ.R NTZI Independenl examiner's irport to the trnstee5 of Mouni Zion Apojtotic Chureh I report to the chilrits. Inlee5 on mi examination ol. the accounls of Mouni z.ion Awslolic Church (Ihe Tn1) for the l-ear ded 31 December 21124 Responsibilities and bASiS of port As the chanti Iruste¢s of ih¢ TrLLsI N"ou are responsible for the preparalion of the accounts in a¢¢ordance Mith the reqU1MlIS of ihe C.hanties Act 21111 I'ihe Act,). I report in respect of mi. eNamination of the Tnl'S accounls camd oui under selOn 145 of ihe Act and in carn ing oul mi. eiaminalion I haie folloed all applicable Dir¢ciioNq gli th. Ihe Chan'l!" Commission under Seclion 14515Xbl ofihe Acl. Independent exAminer'y sIAtement Since i our cl)arity s gyross income eNceeAJed £2511,IKK) )"our &Naminer mu51 be a member of a lisied both.. I can confim) lh I am qU[ried 10 undertake ihe eiaminaDon be£ause l am a member of the Ass(Kialion of Chanered C'ertifi¢d A¢countwiis. hich is (M)e of the lisied bodies. I haie cvn)plel¢xI mi. eiaminaiion l ¢onfim) Ihal no maleriaj matlers haie come to mv allmlion in conneciion iiith the examinatson gii'ing me cause io beliei e in an!. malenui respecl.. acLounlinb) records i¥ere nol kepl in respecl of the Tru as required b). Se£tion 1311 of Ihe Act.. or the accounls do not accord iiiih those records. or the accout?Is do not compli" ii.lih Ihe llpplicable reqwrements conceming the fomi and contenl of uccounls sei oul in the C'harilies (Accounts and Reponsl R4rulations 21XIX other than ani. requiTrmffii th the accounts giie a iru¢ and Ir i iew iihich Is nol a maller Consider 45 pall oran indepthdl examination. I hale no ClcernS and haie come acr055 no other mailers in nneC110n with the &minaon lo iihich tmI10n shouid be druiin in thi5 report in order lo enable a proper mderslanding of the coLtS lo be reached. Adrian Harbi FCCA Lemans ('hartered certsfi Accounlants 21) Arboretum Sireel N'oltlnlharn NollinghaShjr¢ NGI 4JA Dale Page 6
ST Ll STATEMENT OF FINANC-IAI, A I'EAR II'ITIKS 31.1224 Toiai funds 31.12.23 Total fwid5 Unre5tricled runds R&siricted rwids Notes IYCOMF. AND ENDOWMEN15 FROM Donauons and l¢gTraLI¢s 125.1)83 21)2.103 4111.I186 230.CXM Other iradingj aciji jljes Iiii'eslnienl Income Other income 1.4()7 555 31AI 1.3f)7 1.367 ()511 TotAI 12X.IMMI 2()2.1113 421).1113 233.346 EXPENDITIIRE ON R&siiib' l-unds 2.471 2.471 2.222 Charitable activitiej C'hurch Dance 113.(K)I 113.CX)I 57.3111 4(xi Other 71)11 1311.1)53 134).453 173.1123 Total 117.2311 1311.(?55 225.11115 233.1126 NET INCOME 41),7711 153.448 1fy1.218 320 REC.ONCILIATION OF FiINDS TO1 funds brougjhi foniard 221.452 231.1133 231.513 TOTAL FUNDS CARRIED FORWARD 2C)2,222 IC)3,829 42C).1151 231.1133 The nole5 form part of thL%e financial slatements Page 7
UNT ZION AP BALANCE SHF.F.T 31.12.24 Total funds 31.12.23 Total funds UnrostricleA funds Reslricled funds Noles FIXED A.SSETS Tanbiible 1%sets' 2C?.IXX) 26.(XK) ("IIRRENT ASSETS D¢biors C'lsh ai bank and In hand 10 3(?.?(17 15.3.1142 3(I.?67 4IXI.1111() 24().247 231.33 246.247 436.3Sf• 231.1133 CREDITORS Amounts falliny due iiithin one l'ear 110.025) (26.280) 13().31151 NET CIIRRENT ASSETS 23CI.222 1{?3.X2I) 41x1.1151 231,833 TOTAL A&S&:TS LF.SS CIIRRF.NT LIABILITIES 262,221 163.82l) 42CI.1151 231.833 NET ASSETS 2(17 2?2 1 ()3.11?9 42CTr.1151 231.1133 FUNDS Unreslricled funds RLTtncled funds 12 262.222 163.829 221.412 111.381 TOTAL FIINDS 42C).11.S1 231.1133 The financiol siaiements iiere approied h. the Bourd of Tnsie¢s and authorisd for issue on .. 27 . 2i)Z> . and iiere signed on 118 behr h.. T Anderson - Tru8lee L Fr¢deri¢k - TrLLsl¢e The notes form parl ofthe5¢ financial slalements Page ¥
Ll Ol'E( TO THE FINANC"IAL STATF.MF.NTS I'EAR END AC.COi?NTIIYG POLICIES BASIS of preparing the financial stAments The chariti. con51iluies a publiL benefii eniili" defined h, FRS 102. The financial swemenis hai'e been prepard in accordance iiiih Accounlingj and Rcw)rting h Charities.. SLilemL1 of Recommended Pracii¢e applicable 10 charitt.es preparingp their accounls iii aLcord2wce li iih the Financia] Reporting Stsndard applicable in the UK and Republic of Ireland Issued in October 21}14). Ihe Finaft¢] R¢poning SLdard applicable in Ihe Uniied KJ"n&?dom and Republic or Ireland (FRS 111?). the Charilies Acl 21111 and UK Gtherall!. Accepied Accountin¥ PrlICe The financial swements haie been prepared lo wve a 'lrue fairf Yithv and haie depart from the C'harilies (Accol1$ and Reports) Regiylalions 21M)8 onlN' LO the ten1 required lo proi ide a 'lrue and fair i iem,. This departure ini oli ed folloM Ing the Accounlingy and Reporting h Chaniies. Sialeml of RecoMmded Practice applicable lo charilie5 prepannb their (ount5 in accordance 1th the Financial Reporting Siandard applicable in the UK and Republic of Ireland issued in October 21111) rather Ihtth the Accounling and Reporting IN Chartiies.. Sialemeni of Re£ommended Praclice elTecliie from l April ?IX15 11.hich h&$ since been M1thdrall. The financial sthiemthis are preparel under Ihe hisloricai cosl conienllon. m(Mlified lo inc1lde cerwn lien fwr i alue and on a &?oingi concern basis. dthoub.h its operations Here transferred lo a CIO in 2025. The financiol slalemenls ore prepared in slerling ilhith is the fun¢tionol currenc%. of the chan'ty. and rounded lo the nearest POLmd The prei'ious l'ears, CoUnts ii'ere Prepar on a receipis and pa%'ments btLSiS. Income All Income is recognised in Ihe Stalemenl of Financial Aclii Ille5 0ft¢¢ ihe tharity. h&% ffltiilemeni io the funds. il is probable thai the incoine iiill be Telled and the an10L1 can be mAsured reliabli". F.xpenditui l.iabi lilie5 are recognised 8s pendIture soon as Ihere is a legal or c0nslruthie obligaiion committing the chanty. lo eipendilure, Il is probable thal a Iransf¢T of ¢cononllc benefits Iiill be required In seltlemenl and Ihe amounl of ihe obligiaiion &in be M&Ur] reliabli . Elpenditu is accounted for on an ac¢ruals bagis nnd h&$ been C1¥r1ed under headin¥s lh agyregole ail cosl relaled lo the cale&TroTN' Where c0515 cannot be directli lbled LO panIcar headinb75 thc%' haie been alloced lo aciii ilies on a basis consislenl iiith the use of re50urce5. TRnEibk fixed fv8sets l)eprec12i lion Is proi Ided al the follom ing annua] rwes in order io iirile olTeach I1 oi'er its eslimated useful life Fixlures and filts"n85 Moior ¥ehicles 21)O/y on reducing baljnce 21W/o on TL¥Jucinbi balance Filed lssels hai'e been introduced based on Tnlees, i'alualions. cOnsred propem., is not included in ihe a¢counis in acLordance li ith S IIK:) la) ofthc Chants Acl 2UI I. TaxAtion The chariti. is ¢Nempt from ill on its chariiable acts'i'ilies. Fund accounting Unre51ncled lunds ain be used in accordance llith the tharilable objeclii es at the discretion ofihe Iruslee5. Restri¢ied funds can onli" be ed for p8rticu18r resiricted pWpOs iiiihin ihe objects of the charity.. Restrictions arise M4]en specified . the donor or iihen funds are raised for wicular re$Ided purp)ses. Furiher elpl[all0 olihe nalure and purpose ofeach rd Is included in the no1 10 the finan¢ia] siements. continued...
UNT ZI NAP ST Ll rOTF.S TO THTr- FINANCIAI. STATF.MF.NTS- R TIIE I'EAR ED 'ENIB ntin ACCOUNTING POLICIES - continued Pension tosts 4nd other posl-rttirement benefit$ The charih. operaiL% a defined coniribulion pension stheme. Contribuli¢)ns pa% able lo Ihe ¢han'N"'s siOn scheme are chwb'ed 10 the Sthiemmi of Financiai AcDi Ilies In the pmod 10 Mthjch thL' lale. Debton and ernlttors Debiors and Cr't0[S receiiable or pfft'able Mithin e vear are re£orded at irwisaction price Cash ai bAnk The charili. holds suITici1 funds in Order io mea its shon *mi ca8h commitments as the¥, f811 due OTHER TRADING Arfii'iTIES 31.12.24 31.12.23 Fundraisin8 - eienls 1.497 INVESTMENT INCOME 31.1?24 31.12.?3 Deposil Kcounl inleresl ,3()7 555 TRUSTEES, REMIINERATION AND BENEFITS Tiio 121123 Im'ol Injslees receji remuneralion dunng the l'ear for senices proi'ided io the Ch2rih'. approi'al for i¥hich 1¥&5 obthined In adi ance from the Charih. CommissiLKJ. 31.12.24 31.12.23 Paslor T Andet50n L Fredenck 1().449 IC).459 7.1121 Trnstee$' expenses There i%ere no Itees, thpens&q paid for the i'eor •)d¢d 31 December 21124 nor for the l'ear ended 31 December 21123. ¢oniinued. .
INT NQTF.S T( . J_THF FINAN_("IAL.S'!'.A TF._m_F.NTf>-JLtiJ DED31D STAFF COSTS The ai erage monihli. number ofemplth'ees durin¥ the l'ear ilas as folloivs.. 31.12.24 31.12.23 Number of emplth'ees No emplth'ees elled emoluments in eNce5s of£cA).(XMI. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL A1vITIEs Unresiricioj runds Rtsiricied rLmds Tol funds INCOME AND ENDOWMENTS FROM Donatsoiib and l¥btaLILS 87.1)511 143.24(, 2311 IXH Other ir4dinbJ a¢lji jljes Ini'eslmeni Income Oih¢r In¢omL .497 555 3lJ} 1,497 3lJ) Tolal x). IIKI 143.!4(? 233.34C) EIPENDITURE ON Rwsiii8 l-unds 1222 2.222 Charitable activilies 57.3111 57.3241 41KI Dance 41KI Oiher 23 173.(KM) 173.11?3 Total 59.C?2C) 173.4(M) 233.1126 NET INCOMEIIEXPENDITIIRF.) Transftvs bthvetn fund8 311.474 {311.IXXI) 1311.1.54) 311.IKM) 3211 Net movement in flind$ 474 (154) 3211 RTr.C"ONC'II.IATION OTr" FUNDS Toiai (ld5 broughi fon¥ard 220,1)78 10,535 231.513 TOTAL FIINDS CARRIED FORWARD 2?1.452 11) 3x1 231.1133 Pagell continued. .
Ll NQTES TO THE FINANCIAL STATEMF.liTS- C ntin INDEPENDENT EXAMINER'S FEES 31.12.24 31.12.23 IndependLI]l elaminalion PENSION COMMITMENTS The chant%' operales a defined conlribulion scheme. The Sets are managed indep¢ndenili' of the ¢hanii' and coniributions are chArb?ed 10 the sleMlI of Financial Aciiiilies in the period Ihe¥' are mle. The ¢har8e for Ihe I w li &171)1211?3 £nill. TAIYGIBLE FI.XED ASSETS Fiilures Motor i thi¢les riiilngs Toln]s COST Additions 311.IMIII 2.51M 32,51MI DEPRECIATION C'hargje for i'e C).IMMI SIX) ().51KI NET BOOK VALiIE Ai 31 IkxL'ii)ber 21114 24.IXM) 2C?.(Ml Ai 31 tkcember 2023 io. DEBTORS: AMOIINTS FALLING DUE WITHIN ONE YEAR 31 1?24 31.12.23 her debiors 3(Tr.2(?7 Page12 ¢onl]nu..
MO
NT ZION AP
OTF.S TO'fHF'. FINANC.'1.41. STATF"MTr:NTS-
tin
CREDITORS: AMOIINIS FALLING DIIE WITHIN ONE YEAR
31.12.24
31.12.23
T&iaiion and social securil).
Oiher credilors
2.152
34.153
36.3115
12.
MOVEMLNI. IN FI1NDS
Nel
mol'eml
In fwid5
Ai 1.1.24
31.12.24
Ilni*slri¢led fund$
(ieneral fund
Desibpnaiul limd
214.5fj1
26,8IC)
241.389
211.1133
221.4$2
4(1.7711
262.292
Regtiicted funds
Dance
F{X)dbk
C'hurch Repwr5
2x4
7.411CI
2x4
12.8711
15(1.675
5.3114
1411,IKA
153,4411
IlJ3.82l)
TOTAL FUNDS
231.1133
1)4.218
426.041
Nei moi'emenl in funds. included in the aiK>i'e llre as folloms..
In¢onMnb'
resourc
Resources
elpend
Moi emenl
in lyn
QTF...S.TO.THE FINANC.IA.L STATEMENTS01111 .. 12. IOVEMENT IN FIINDS- continued CompAratives for movement in funds Nel moi em¢Jil in funds Transfers beliie¢n funds Ai 31.1? 23 Ai 1.1.23 [Inre8tiieled fimds (ieneriil lund DesibinalLMI fund 21S.1)711 23.575 (),Illy) 125 IXKI) {5.Iiixi) 214.553 (?.Xl)() 2?11.i)7¥ 311.474 1311.IXM)) 221.452 Restricied thndj Dance Foodbank ('hurch Repwrs CTr84 1).051) 792 141MI) 11.-$73) 12X.I¥I I 2114 7.411CI 311.(MK) 111.535 (311.154) 311.IMMI TOTAI. FIIND.S 231.51.1 321) 231.1133 Comparatsie nel mo$'eml In funds. inciude)J in the above are &$ folloms., Incoming TOUrceS Rtsourceg e%pendLd Moi'emwTri in fynds Ilnres¢il¢itd fundj CJcnLral lund Designaiol fund 83.2111 ().IIIN) {51).CI2C)) 23.575 151).(121)1 311.474 Resirfcled funds Dwice Foodbank I'hurch Repnirs {41KII (6.7731 (1fi().2271 5.21x1 I111.1() 11.5731 1211.IXI I 143.24() (173,41X) I (311.154) TOTAL FIINDS 233.346 (233.112(Tr1 320 Page 14 conhnued..
MO TZI AP Ll OTES T R TIIE THE FIP4AN AREIDE IAL STA'fEMF.NT8- Ji 12. MOVEMENT IN FIINDS- eontinued A current l'ear12 months and pnorvear12 Months combinsj ptI10n is as lolloii8.. Nel moi em1 in lunds Transfers Ai 31 12.24 Ai 1.1.23 funds Ilnitsh4¢tsd funds (ieneral Ilind Desiupnaied fLfftd 215.97X 5,IKXI 51).41 21).833 (25,IMMI ) 15.OIMI) 241.3119 20.833 22(1,1)78 71244 (31),(NX)} 262.222 Reitrltled fund8 Dance Foodbank Chwch Repwrs C>84 ).05() 7Y2 140(11 3.Nl I I l).X¥3 2x4 12.11711 1511.(?75 311.(MMI 1 (1.535 123.194 311.(MMI 1 (13.X2Y TOTAL FIINDS 2.11,-513 11)4.-S.1X 42(?11S I A curr1 l'ear 12 months and prior l'ear 12 months combined nel molemenl in funds. Included in Ihe aboi'e arg as rolloi%B'. Incomin resources Resources eipended Moi emu)I in (d$ Ilnre8ttlcted funds (ienertd fund Designoied fund ()7,2(Tr7 211.%33 (14(J.851? ) 511.41 20.X33 2111.IlX) (14CTr.85f) ) 71.244 Restricted fundi Danc¢ Foodbank Church Repwrs (41X)) {() 7CMI I {31H.tI(Tr51 141x1) 3.xl I 114).IIX3 424.7411 435.349 (312.1155) 123.2l)4 TOTAL FiINDS 653,4lY (4511.()1 I I 1 ¢)4.538 Desi¥naled fund - conlributson lo the malch lth)thn¥ reqUIT for the buklding pro11, Dance - lo be sp1 on dance 111 ities for children. F0jban- 10 be LLsed for food for those in need. Church RepwTS- funding for the building projecl. Page 15 conlinugj...
Ll TESJT .THF. FINA_NCIAL STATTr:MENTS- HE I'EAR DED31 DE 024 ontin 13. RELATED PARTY DISCLOSURES There iere no rel*ed pam. transaaions for the l'ear ded 31 December 21124. 14. POST BALANCE SHEET EI'ENT The Charili s operalions ii'ere Iransferred io Mowil Zion Ap05101ie C hurch CIO in 21)2 Page16