2024-12-31-accounts

Charity Registration No. 1069853

THE FRIENDS OF HOLY TRINITY, RAYLEIGH

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

LEGAL AND ADMINISTRATIVE INFORMATION

Charity number 1069853

Trustees

Charity Address

Independent Examiner

Bankers

Jane Brown Ian Gale Revd Glen Mansfield Gordon Simmonds The Parish Office Rectory Garth Rayleigh Essex SS6 8BB ESW Chartered Accountants 162-168 High Street Rayleigh Essex SS6 7BS Barclays Bank Plc 63-65 High Street Rayleigh Essex

SS6 7EL

CONTENTS Page Trustees' report 13-14 Independent examiner's report 15 Statement of financial activities 16 Balance sheet 17 Notes to the financial statements 18-20 Detailed Statement of Financial Activities 21

12

THE FRIENDS OF HOLY TRINITY RAYLEIGH

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their report and the financial statements for the year ended 31 December 2024. The trustees who served during the year and up to the date of this report are set out in the legal and administrative information page.

Structure, governance and management

The charity is governed by a constitution adopted 24 October 1996 as amended 10 May 1998. A revised constitution is proposed at the 23[rd] March 2025 AGM. This

would come into effect subject to approval at this AGM and subsequently by the PCC of Rayleigh (due April 7[th] 2025) The board of trustees is authorised by the constitution to appoint new trustees to fill vacancies arising through the resignation or death of an existing trustee.

Objectives and activities

The charity's objectives are the restoration, preservation, repair, maintenance, improvement, beautification and reconstruction of the church of Holy Trinity Rayleigh and its ancillary church buildings. The charity also seeks to restore, preserve, repair, maintain, improve, beautify and reconstruct the above church as a building of historical importance or architectural value in the event of the church being made redundant or otherwise ceasing to be used regularly for public worship.

During the year the charity carried out fundraising activities to increase funds thus enabling a grant to be made to the church.

The trustees are mindful of the Charity Commission's general guidance on public benefit, and also of its supplementary public guidance on the advancement of religion for the public benefit, when considering the objectives of the Friends of Holy Trinity as described above. Throughout the year the Friends of Holy Trinity have undertaken activities in the furtherance of its stated objectives and believes that these activities have provided public benefit to members of the congregations, members of the Friends and the wider community of Rayleigh.

Financial review

The income for the year was £29,313 (2023: £123,886) and the expenditure on the generation of voluntary income for the year was £4,353 (2023: £130) and after having paid the PCC of Rayleigh £125,500 (2023: £23,000) the balance carried forward to 2025 is £24,153 (to 2024 was £124,692). The total raised through The Friends and passed to the PCC since The Friends started in 1996 to the end of December 2024 is £859,500 (up from £734,000 at the end of 2023).

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

13

THE FRIENDS OF HOLY TRINITY RAYLEIGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

a) select suitable accounting policies and apply them consistently; b) observe the methods and principles in the Charities SORP;

c) make judgments and accounting estimates that are reasonable and prudent; d) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are 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.

On behalf of the trustees

Ian Gale

Trustee

There now follows:

14

THE FRIENDS OF HOLY TRINITY, RAYLEICH INDEPENDENT EXAMINERYS REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMEiYfs OF THE FR￿NDs OF HOLY TRINITY. RAYLEICH W¢ report on the finanGial statements of The Friends of Hoty TriDty. Rayleigb for the year ended 31 December 2024 as set out on pages 2 to 7. This report is made solely to the charity's trustees, &8 a Ix)dy, in accordance with section 145 of the Charities Act 2011. Our work has been undertaken so that we might state to the charity's trustees those matters w¢ are required to state to them in this report and for no other PUTpose. To the fullest extent pern)itted by law. we do not accept or assume responsibility to anyone other than the charity alld the charity's trustees &8 a body, for OUT worK for this repo¢ or for the opinions we have torn)ed. Respective responslbllfitles of trustees and examiner The charity's trustec5 are responsible for the preparation of financial statements. The charity's trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 ('the 201 l Act,) and that an indcpendent examination is needed. It is our responsiTr)ility to: a. Examine the financial statements under section 145 of the 2011 Act: b. To follow the procedures laid down in the General Directions given by the Charity Collllni55ion under section 145(5)(b) of the 2011 ACL. and c. To state whether paTticu]ar matters have come to our attention Basis of independent eiaminer's report Our examination was carried out in accordanc¢ with the General Directions given by the Clwity Commission. An exammatton includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items of disc10511re5 in th¢ financial statemcnts and seeking explanations from you &8 trus*es Goncerning any such matters. "Ibe prO￿dur¢S undertaken do not provide all the evidence that would be required ID an audii and consequently no OPiDion is given as to whether1he financial statcmcnts present a'true and fair view. and the rep)rt is limited to those matters set out in the statement below. Independent examiner's statement In connection with our examinatio￿ DO matter h&$ come to our attention: Which givcs m¢ r¢asonabl¢ cause to believe that in any materlal respect the requiremellts: To keep accounting records in accordance with section 130 of the 2011 ACL and To prepare fmancial statements which accord with the accounting records and compty with the accounting requirements of thc 2011 A¢L have not been met. or To which. in our opinion. attention should ￿ thawn in order to enable a Proper understanding of the financial statements to be reached. ESW Chartered Accountants 162-164 High Street Rayleigh Essex SS6 7BS 3 Febnwy 2025 15

THE FRIENDS OF HOLY TRINITY RAYLEIGH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestricted Funds Totsl 2024 Totsl 2023 Incoming resources Notss Incoming resoUr￿S from gencratcd Funds: Voluntary kncome 29,313 29.313 123.886 Totsl incoming resources 29,313 29.313 123,886 Resources expended Costs of generating funds: Cost of generating voluntary income Cbaritablc activities 4.353 125,5(K) 4.353 125,500 130 23,000 Total resoure¢s expended 129,853 129,853 23.130 Net movement ID Fundy (100.539) (l(Kl,539) 100,757 Fund balanccs brought forward 124 692 23.935 Fund balances carried forward 124 692 16

THE FRIENDS OF HOLY TRINITY RAYLEIGH BALAN OR T SHEET EI¥DED 31ST DECEMBER 2024 Notss 2024 2023 CURRENT ASSETS Debtors Clsh at Bank & In Hand 24.153 124,692 CREDITORS FALLING DUE ￿THIN I YEAR Nonc NT SE. J24 692 NET ASSETS 124.692 FUNDS Unrestricted Income Funds 24.153 124 692 124 692 Thc financial statcmcnts appTovcd by thc Iruslccs on 3 Trebnwy 2025 aDd si8ncd on th¢ir bebalf by lan G*1¢ Trllstse 17

THE FRIENDS OF HOLY TRINTfY, RAYLEIGH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 AccountiDg policies Basts of aecountlng The financial staternents have been prepared UDd¢r th¢ hlstorical cost convention with it¢ms reCo￿lised at cost or transaction valuc unless otherwis¢ stated in the rel¢vant note(s) to thesc accounts. The financial statements have been prepared in accordance with the Statement of RexollllDend¢d PrnctiG¢: Acwunting and Reporting by Charities preparing their accounts in accordance with the provisions of Section IA "Small Entlties" of Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in July 2015 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Incoming re50urce5 All incoming resources are included in the statement of fmancial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income. Voluntary income is received by way of grants. donations and gifts aDd is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specifi perforniance by the charity are recogllised when the charity becomes unconditionally ¢ntitl¢d to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been incknde<l Gifts donat¢d for r¢salc are included as incoming resources within activities for generating funds when they are sold. IJ Resourc¢s expended Expenditure is recogDised on an accnMI b&sis &s a liability is incurre(L Expenditure includes ally VAT which caDnot b¢ fully ￿0Ver¢￿ and is reported as part of the expenditure to which it relates. Costs of generating funds comprise thc costs associated with attracting voluntary income and the costs of trading for fundraising PUTposes including the charity's shop. Charitsble ¢xp¢nditure comprftses those costs incuTred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated dlrectty to such activities and those costs of an indirect nature nece&sary to support them. Fund accounting Unrestrficted funds All funds received by the charity ar¢ unrestricted funts which it may use for its purposes at its discretion. This can include the fulfilment of charitable objective4 incurring costs to generdte funds and administrdtive support costs. 18

THE FRIENDS OF HOLY TRINITY RAYLEIGH NOTES TO THE FINANCIAL sfATEMENTS FOR THF. VEAR ENDF.D 31ST DECEMBER 2024 Voluntary Income UDrestri¢ted Funds Total 2023 2024 DoDatioDs Gift Aid ￿coVered 28.102 28.102 122,743 29 13 123.886 Cost of generstiDg voluDtary income 2024 2023 Fundraising ¢vcnts 4.285 68 4285 68 130 130 Cbaritabk aelivitxs Funds 2024 2023 Payment to PCC of Raykigh Employ¢¢s No salari&s or wagu wcre paid to employee4 incluthllg tr￿, dunng or the precding year. Trntee5' emolumellts Debtors 2024 2￿23 Othcr dcbtors 2024 2023 Angtysls ofnet Assets bttwttD funds UnTe5tricted Funds Tots] TruDds Fund balallC￿ ￿ 31st Decanbcr 2024 &8 represeDted by.. 19

THF. FRtF.NfJs OF HOI.Y TRINrrY RAYLEIGH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 10 Unr¢stric*ed Funds As at 1st January 2024 Incoming resourees OutZOiDE resourtes A8 at 31st Dteejnber 2024 CThcr81 Fund 29 13 129,853 124,692 29.313 129 853 li Conlrol In the opinion of the trusttts the thity is not controlled by another pw. 20

THE FRIENDS OF HOLY TRINITY RAYLEIGH DETAILED sfATEMENT OF FINANCIAL ACTIVITIES 2024 2023 INCOME EXPENSES INCOME EXPENSES Donations - General Donations - Lights Dedications Members Subscriptions Garden Trail Christmas Tree Festival Concert - In the trees Quiz Evening Sue Squire's Swim Pool Donations Teddy Parachute Jump Books & Second Hand Books Michael Clarke Books Annual General Meeting Sponsored Fun Walk Nicola Davey Exhibition F.O.E.C Ride & Stride Gift Aid Tax refund Bank Interest Postage & Stationery Bequests Foundation Day Trinity Fair Tower Open Day Mushroom True Colours coffee Mornings Miscellaneous PCC - use of Parish facilities Memorial - Dave Turner Memorial - Gordon Priest Memorial - Rene Priest Coach Trip Rejoice 670 495 2,429 3,865 3,566 890 697 422 2,401 697 122 30 1,441 827 520 2,364 4,168 2,921 135 1,074 29 431 420 117 845 951 210 318 1,143 95 600 1,211 560 400 68 130 100,000 75 310 1,688 1,292 4,076 13 43 646 2,224 13 15 76 4,212 44 464 101 100 50 658 350 154 1,938 109 1,760 Total Income and Expenses 29,313 4,352 123,886 130 Less Expenses 4,352 130 Net Income generated Payment to PCC of Rayleigh 24,962 125,500 123,756 23,000 Net surplus/(deficit) for the year 100,538 100,756 21