AIREDALE CHURCH TRUST REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
Page 2 AIREDALE CHURCH TRUST ANNUAL REPORT for the year ended 5 APRIL 2024 The charity is constituted by Trust Deed dated 27 February 1984 and is registered with the Charity Commission, number 1070375. The Trustees during the year to 5 April 2024 were :_ E Jackson E Jackson F Leach D Mosby W Deakin L Deakin M Carter C Carter (Chairman) (Secretary) resigned 1st August 2023 appointed 14th January 2024 appointed 14th January 2024 Principle Address All Nations Church Centre North Street Keighley West Yorkshire BD213AF Bankers Virgin Money 1 Westgate Shipley BD18 3SD
Airedale Church Trust (Known as All Nations Church, Keighley) Year Ended 5 April 2024- Trustees Report The charity is established for the proclamation and furtherance of the Good News of Jesus Christ and for the purpose of helping humanity, in accordance with the 'Doctrinal basis of Belief, contained within its trust deed. The Trust is led by the church leadership team with the support and legal guidance of the Trustees. We aim to empower people to grow in their identity and skills and help bring community back to isolated neighbourhoods and people. We will also engage in humanitarian work locally, nationally and globally where we find key relationships. Review of Progress and Achievements The work of the Trust, especially through its executive arm, All Nations Church, has continued successfully throughout the year 2023124. The conventional church activities of regular Sunday gatherings continue to be a success for our small but close church family. The continued good work of "Hope Café" is a particular highlight of our ministry. It is open every thursday lunch time and offers food and drink on a "donate if you can basis" the café is run solely by volunteers. These event5 attract quite a number of non-members. At the same time, through these gatherings people receive spiritual, emotional and social comfort. We strongly support x.site Keighley which organises a number of events for both primary and secondary age children in the town holding a majority of events in our building. In January 2024 x.site became independent of it5 previous parent charity Scripture Union and is now a shared outreach of All Nations church and Keighley Parish. For a majority of events x.site falls under the insurance and safeguarding policies of All Nations church. We also acts as a data controller and hold the finance for x.site in a ring fenced fund. We continue to offer excellent Christian and life affirming teaching and training resources free of charge both online through our website and social media presence and teaching sessions during Services. We continue to help those in need in our community with pastoral gifts and food hampers and other gifts where needed. It was our privilege to host our summer festival this year where we invited all the community in Keighley and beyond to join us for free food and drink, entertainment and a vast giveaway of quality clothing, toys, home furnishings, baby equipment {including prams, buggies, cots and car seats} and books. It wa5 a great day with IOOS of people coming through the door and being helped and fedl FinanciaSly the Church is now in a strong position having paid off all debts other than the mortgage and built up a strong reserve. The trustees have committed to using any finance in excess of this reserve to make capital repayments on the mortgage and provide assistance and blessings to the community. As we move forward as a church community and charitable trust amongst our aims we will prioritise the following: We will continue to rebuild the church community and to reach out to those in our community and beyond. We will continue to be help people practically and through the proclamation of the Message of Jesus Christ. We will continue to build strong relationships with other groups and ministries that we find a connection with and have a similar purpose We will continue to develop people in their faith and God-given talents wherever p055ible.
AIREDALE CHURCH TRUST statement of Financial Activities . Year ended 5 Aprll 2024 Page 4 General Restricted Total Fund Funds 2024 Note £ 2023 INCOME Donations Gift Aid other Income :_ Hire of Hall Sundry Income Grant 24,765 3,202 2,524 27,289 3,202 25,253 6,098 6,073 199 1,000 6,073 199 1,000 6,454 1,375 1,000 Total Income 35,239 2,524 37,763 40,180 Expenditure Direct Charitable Expenditure Stsff Costs & Wages Pension Contributions Rent, Rates & Water Light, Heat & Insurance Repairs & Maintenan Telephone & Internet Print, Post & Stationery Other Administration Costs Ministry & Teaching Youth & Music Ministry Travel Expenses Hospitality Outreach Costs Sundry Expenses Legal & Professional Loan Interest Bank Charges & Interest Depreciation Grants Payable 6,158 229 469 7.415 2,412 368 2,761 607 43 181 519 301 597 8,212 2,518 622 543 597 8,212 2,518 622 543 53 219 53 219 66 442 33 325 9,426 146 7,153 2.063 66 442 33 325 9,426 146 7,153 2,091 291 465 6,951 618 7.610 2,722 28 Total Expenditure 32,602 28 32,630 40,120 NET INCOME / IDEFICITI for year 2,637 2,496 5,133 60 Transfer to Capital Grants Fund 6,056 6,056 6,437 Fund balances blf 68,355 68,355 61,858 fund balances clf 77,048 2,496 79,544 68,355 The notes on pages 6 to 9 forn part of these accounts.
AIREDALE CHURCH TRUST Balance Sheet as at 5 Aprll 2023 Page 5 2024 2023 Note Fixed Assets Freehold Property Modlfications to Lease Premises Fixtures, Fittings & Equipment 184,454 190,103 4,185 4,322 4,102 5,469 192,741 199,894 Current Assets Debtors Bank Deposit AJ Bank Currenl AJ Cash in Hand 78 11,203 78 1,622 11,281 1,700 Current Liabilltles Creditors due within one year Bank Current AJC 512 717 512 717 Net Current Assets'{Liabilities) 10,769 983 Long Term Liabilities (111,125) {113,625) Total Net Assets 92,385 87,252 Flnanced By:" Unrestrlrted Income funds General Fund bff Movement Transfer from Capital Grants Fund 68,355 2,637 6,056 77.048 68,355 Restrirted Income funds Designated Projerts fund -. Xsite blf Movement 2,496 2,496 79,544 12,841 68.355 18,897 Capltal Grants Fund 92,385 87,252 Signed Signed Date '.
Page 6 AIREDALE CHURCH TRUST NOTES TO THE ACCOUNTS - YEAR ENDED 5 APRIL 2024 Accounting Policies These Accounts have been prepared under the historical cost convention. and in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities preparing their accounts with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. b) The accounts have been prepared on an accruals basis and represent a true and fair view of the state of affairs of the charity. Gift Aid is included in the SOFA in the period in which it is received. d) The value of any volunteer help is not included in the accounts but where relevant is described in the trustees, annual report. Liabilities are recognised On there is a legal or constructive obligation committing the charity to the expenditure. Depreciation is calculated to write off the cost of tangible assets over their estimated useful lives, as follows Freehold Property & Modifications 20/0 (straight line) Fixtures, Fittings & Equipment 25 /0 (reducing balance) g) Capital Grants Fund When fixed assets are purchased with donor grants, the capital expenditure is charged to the donor fund and transferred to the capital grants fund. Depreciation of donor funded assets is charged through the general fund which is replenished by an equal transfer from the capital grants fund. The value on the capital grants fund represents the net book value of the donor funded fixed assets.
Page 7 AIREDALE CHURCH TRUST NOTES TO THE ACCOUNTS (Cont'd)- YEAR ENDED 5 APRIL 2024 2024 2023 Stsff Costs Staff salaries & wages Other staff costs 4,005 2,153 6,158 6,158 The average number of employees was . Tangible Fixed Assets Freehold Pro Mods to Lease Pr Fixt, Fittings ui Cost At 6 April 2023 Additions Disposals 282,427 6.828 115,808 405,063 At 5 April 2024 282,427 6.828 115,808 405,063 Depreciation At 6 April 2023 Charge for year Disposals 92,324 5,649 2.506 137 110.339 1,367 197,559 7,610 At 5 April 2024 97,973 2,643 111.706 197,559 Net Book Value At 5 April 2024 184,454 4,185 4,102 199,894 At 5 April 2023 190,103 4,322 5.469 199,894
Page 8 AIREDALE CHURCH TRUST NOTES TO THE ACCOUNTS (Cont'd)- YEAR ENDED 5 APRIL 2024 2024 2023 Creditors Creditors & Accruals 512 717 Long Term Liabilities Loans 111,125 113,625 Grants Payable Unrestricted Funds Other (below £1 ,000) 2,063 2,063 Restricted Funds Other (below £1 ,000) 28
Page 9 AIREDALE CHURCH TRUST NOTES TO THE ACCOUNTS {Cont'd)- YEAR ENDED 5 APRIL 2024 Movement of Funds General Fund Other Funds Balance blf 68,355 Income 35,239 Expenditure (32,602) Capital Grants Fund 6,056 2,524 (28) Balan clf 77,048 2,496 Trustees, Remuneration & Expenses No remuneration was otherwise directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected with them.
CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of AIREDALE CHURCH TRUST On accounts for the year ended 5 APRIL 2024 Charity no (if any) 1070375 Set out on pages 1 to9 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 514112024. Responsibilities and basis of report As the charity's trustees, 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with 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 '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. Signed: Date: a9 Name: ANDREW PAUL RUSSELL Relevant professional qualification(s) or body (if any): FMA4T, FFA Address: APR ACCOUNTANCY SERVICES LIMITED SHAN HOUSE, 80-86 NORTH STREET, KEIGHLEY, BD213AF