## **PRECEPT MINISTRIES UK ANNUAL REPORT 1 DECEMBER 2023 - 30 NOVEMBER 2024**
## **Precept Western Europe Directors Conference 4-8 March 2024**
1
**PRECEPT MINISTRIES UK ANNUAL REPORT 1 DECEMBER 2023 - 30 NOVEMBER 2024**
## **ADMINISTRATIVE DETAILS**
Name: Precept Ministries UK Charity Registration Number: 1072938 Our public name is Precept UK, but our official name remains Precept Ministries UK Address: Church Centre, Dews Road, Salisbury, Wiltshire SP2 7SN UK
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is constituted with a Board of Trustees and one National Director who oversees the running of the Ministry. The office is rented from a local church in Salisbury, Wiltshire. We employ 3 full-time staff: Helen Watts (National Director / Trainer); Sharon Goldie (Accounts / Administrator) and Zac Prosser (Marketing and Communications Manager). A part-time volunteer has also supported the ministry with administration during the year. New Trustees are appointed by majority vote and are selected because of their professional competence and support for the Ministry work. Precept Ministries UK was set up in 1998 by Charity Trust Deed.
Routine decisions are made by the UK National Director. Major decisions about strategy, fundraising, staff recruitment and out-of-the ordinary staff matters (e.g. disciplinary) are decided corporately by Trustees in conjunction with the National Director. The Ministry is affiliated to Precept Ministries International based in Chattanooga, Tennessee, USA.
## **FINANCIAL REVIEW**
The Ministry’s principle funding sources are voluntary donations and the sale of inductive Bible study resources with a loss being made this Financial Year of -£726. The Ministry continues to take practical steps to tighten internal financial controls in line with the Charity Commission guidelines (CC8 Jul 12). A reserves policy of 3 months operating costs is in place and is monitored by the office and Trustees on an annual basis. Total sales for the year were £27,804 _(an increase on the previous year of 34%)._ Total donations were £76,020 _(a 9% increase on the previous year)_ . In addition to one-off gifts, as at 30 Nov 2024, 125 people regularly financially support us through standing orders or direct debits _(a reduction of 3% on Nov 2023)._
## **FUNDS HELD AS CUSTODIAN TRUSTEE ON BEHALF OF OTHERS**
We have no funds held as custodian trustee on behalf of others.
## **PUBLIC BENEFIT STATEMENT**
We confirm we have complied with our duties and obligations regarding public benefit.
## **OBJECTIVES AND ACTIVITIES**
Precept Ministries UK equips all people with engaging and practical tools to study the Bible, so they know God better and are transformed into the likeness of Christ. As people engage with the Bible in this way, lives are transformed as the Word of God works in people’s hearts and minds. We encourage and facilitate training within the whole church as the Body of Jesus Christ, irrespective of denomination, race or background and supply inductive Bible study resources. We aim to help re-establish the authority of the Word of God in our nation.
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## **MISSION, VISION AND VALUES**
Our Mission is: ‘Engaging people in relationship with God through knowing His Word’ Our Vision is: ‘Every believer in Christ living out God’s Word every day’
## **PRECEPT MINISTRIES UK CORE VALUES**
Our values determine decisions and behaviour: Truth, Unity, Service, Excellence and Innovation.
## **ACHIEVEMENTS AND PERFORMANCE**
## **INTRODUCTION**
Our training continues to be focussed mainly online with some in-person training events, including to Yorkshire Camps, Neath Gospel Hall, New Malden Baptist Church, and Christchurch Coventry. Ministry to men also expanded this year.
We have continued to offer regular online Bible study courses, training and leader meetings. Our social media presence has continued to grow and we now have 3,070 followers on our YouTube channel, up from 2,400 a year ago _(a 28% increase)_ . We also launched the Precept Training Pathway (PTP) in July, an online training platform offered at no charge to teach people how to study the Bible and how to lead Bible study class discussions(using the ministry’s most in-depth resources).
This year, we had orders from 44 different countries _(a 19% increase on the previous year)_ . There were 359 orders in total _(a 31% increase on the year before)_ .
We have continued working flexibly from home and in the office.
## **REACHING THE NEXT GENERATION**
## **Yorkshire Camps**
We were invited back to **Yorkshire Camps** to train their camp leaders. We taught them how to study Biblical prophesy. We did this by a mix of straight teaching, and also taking them through one of our Bible study materials, ‘40Minute: Discovering What the Future Holds’. We had some encouraging feedback:
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**Noah** : “ _I have been given more of an insight into how to study Old Testament prophecy and have seen the importance of Biblical dates. I also found slowing down and noting which questions to ask of Biblical prophecy very helpful._ ”
**James:** “ _I gained a deeper understanding of how to understand prophecy and the different interpretations that can come from it. I have a much better understanding of picking apart the word and the methods of listing to help me study the Bible. I really enjoyed the 40Minute Bible study and how interactive it is. I also love studying Scripture word for word, verse by verse, and being able to take time to understand the context_ .”
Molly, Hannah, Andy and Nigel at Yorkshire Camps
Getting stuck into the Word
## **Weekly Young Adults Bible Study**
We continued to meet weekly during term times with a group of dedicated young adults from across the country, aged 16+.
We studied two books, ‘God’s Redemption Story’ and ’40 Minute Discovering What the Future Holds.’
The young adults grew in faith and confidence in handling the Word of God.
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Josha (photo to R), one young adult from Germany, commented:
“ _I found this study very interesting and I learned a lot of new things. This study helped me to understand the Bible more.”_
We shall continue to meet with young adults next year to equip them to handle God’s Word accurately and teach them how to study God’s Word.
## **TRAINING IN CHURCHES**
## **Neath Gospel Hall Community**
Andrew, our prayer coordinator, is an elder in this church.
They pray for Precept and have a real passion and heart for supporting the ministry.
## **Christchurch Coventry**
We were invited to Christchurch Coventry for a weekend of Bible training for adults and teens. Nigel also spoke on Sunday morning.
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Reverend Arthur and his wife Lynne (photo to R) set up Precept Bible study groups after the weekend, using the New Inductive Study series. Lynne has run two groups since our visit and this will continue in 2025.
## **New Malden Baptist, London**
We spoke at their morning service and did an afternoon’s training using our 40Minute Bible study on Spiritual Warfare.
Simon and Andy (photo above right) are leaders at the church.
## **INTERNATIONAL MEETINGS**
## **Precept Western Europe Directors Meeting**
We hosted some Precept Western Europe Directors at our offices in March.
The following countries were represented: Ireland, England/Wales, France, Austria and Germany, Finland, Italy and Moldova. We discussed strategy for growth and reaching the next generation.
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## **Visit to the USA**
Meeting with Kay Arthur, Bob and Diane Vereen and former Precept staff members
Mrs Kay Arthur set up Precept with her husband Jack in 1970. Since then the ministry has grown around the world to be in over 190 countries. We have hosted Kay on teaching tours to the UK over the years. She is now 91 years old.
We also met with Bob and Diane Vereen who helped establish Precept across the UK, and some of our original Precept trainers in downtown Chattanooga.
We also visited the home of Precept in Noah Reid Road, which is currently up for sale.
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## **PRECEPT LEADER ACADEMY (PLA)**
We ran two PLA courses ‘Learn to Lead, Lead to Inspire’; one in April and one in November. In April we studied the book of Micah, using the New Inducive Study Series (NISS).
**Valdene** : “I loved learning and have **been encouraged to share Bible Study techniques and components with others from what I have learnt.**
**Tina** : “ I appreciated the tips shared on how to start a study group and lead an NISS study. **I have been very encouraged to lead NISS studies and also use the books for my own personal study**
**Faye** : “ **Studying Micah was so rich - I loved all of it** ! I felt very encouraged, too, by the morning devotions. The practical parts about leading an NISS will be invaluable, and, LORD-willing, so will the sessions about raising up other leaders.
The PLA has been an excellent tool for raising up new Precept leaders. In November we ran a PLA on the book of Titus. _See next page_ .
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The Titus PLA course consisted of the following elements:
- Pre course study to complete PUP Titus Lesson 1
- IBS Definitions
- Format and orientation of PUP materials
- Discussion on Lesson 1 The Overview Process for studying a New Testament letter
- Short devotions each morning
- Guidelines for leading PUP discussions
- How to set up and run PUP classes
- Lesson 2 and 3 of PUP Titus
- How to do Greek Word studies
- How to do chapter studies
- Final Assignment
We had some very helpful feedback on this course including:
## **Kay from Ireland** :
“ _**There is great need for Christians to grow deeper in God’s word** , they do need encouragement in knowing that they too can actually discover God’s truth by themselves and experience how awesome that is!! I have gained ” loads of knowledge._ _**I feel equipped to lead a PUP class now** ._
## **Latasha from the USA** :
“ _I love how the discussion from proper observation gives everyone such different insights/application…..really liked the comment about healthy church’s leading to healthy community.”_
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## **THE PRECEPT BIBLE SCHOOL (PBS)**
In February we ran a Bible study on the book of Joel. We had people on the course from Scotland, Wales, England, Germany, Spain and South Africa – see maps and feedback comments below.
**David** . David is originally from Peru and is a missionary in Madrid, Spain. “ _I have been challenged to live a real faith and return to God with all my heart. The only way to escape the coming Day of the Lord is returning and serving Him in obedience_ .”
## **Joy** : _“God is a loving and merciful Father who longs_ _**for our heart to be wholly dedicated to Him and has gone to extreme lengths to call us back to Him. It**_ ah[ Wee ~~a~~ _**has impressed on me my need to spend more time fasting and praying**_ .”
We continued to support attendees in their own disciple making. During the PBS we pointed them to additional resources that we have as a ministry, such as our YouTube channel, different studies which are available online and training and workshop events, and we encouraged them to attend future PBSs.
In May we studied 2 Peter and the last one for 2024 was on the book of Lamentations in October. We had people from South Africa Spain, as well as around the UK join us.
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We asked attendees why they had come on the Precept Bible School and these were some of their comments: **Richard: “** _Lamentations is also so relevant to the times we are living in, I want it to speak deeply to me this weekend_ .” **Elmari:** “ _I want to be obedient to hear God's voice and be equipped to get an online ministry going to help other women grow their faith and support each other_ .” **Andy: “** _Church has been difficult for the past year, I’m feeling dry spiritually and am looking forward to immersing myself in God’s Word for 3 days_ .”
We thank God for those who joined us and for their testimonies: see below
**Richard:** “ _Lamentations has_ _**really brought home the seriousness of rebellion against the Lord but also the depth of His grace** . The study was so relevant to the current world situation and especially so in the context of Israel, and the first anniversary of October 7th. It is a sobering book and deals with things we wouldn’t want to go through._ _**Dreaded things are happening in Israel today and there is no answer except the Prince of Peace**_ .”
**Andy** : “ _It was a wonderful weekend. The studies showed me a clearer picture of the sin of God's people in the time leading up to their exile, of the repeated warnings of God and urging them to repent and trust in Him and of the consequences the people faced._
_**We saw very clearly God's sovereignty and continued love and mercy**_ \‘ o _**towards His people.”**_
## **ENCOURAGING MEN**
This year we have studied three books, the prophesies of Daniel in the 40Minute study Discovering What The Future Holds, 40Minute Being a Disciple, Counting the Real Cost and recently we started our New Inductive Study Series (NISS) on 1 Thessalonians.
We also had our first men’s weekend away at The Sporting Manor in Devon which was excellent. A group of 12 of us went for the whole weekend and we studied the subject of discipleship, and also played sport – see photos next page.
## We have booked again for 2025.
11
.11
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In September we met for a special dinner cooked by professional chefs (photo above). We also raised over £300 for Christians Against Poverty (CAP). In November over 30 men met for a full English breakfast and where our Autumn/Winter study series on NISS 1 Thessalonians was advertised.
## **THE PRECEPT TRAINING PATHWAY (PTP)**
This online platform enables people to learn how to study the Bible Precept-Upon-Precept and lead Bible study discussions. Through videos, quizzes and freeto-download materials, students can go at their own pace. Of 145 people who have created an account, 100 people from 14 countries have enrolled onto a course and 20 have completed it. More courses will be added in 2025.
Filming Genesis Part 3
## **LEADER MEETINGS**
We have met with Precept leaders fortnightly to study the Word of God together using ‘Lord Help Me Grow Strong Spiritually in 28 Days’, to pray for each other and discuss issues leaders have with their classes.
These meetings have been invaluable for all concerned and provides an excellent means to stay connected with those who are running classes across the country.
This will continue in 2025.
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## **ADMINISTRATION AND MARKETING**
Sharon Goldie (Precept UK Administrator) continues to use her excellent financial and administrative skills to keep Precept UK functioning effectively and efficiently.
This year she has despatched over 2,745 books _(a reduction of 5%)._ Amongst other essential ministry tasks, she has printed numerous Precept studies for customers, kept accurate financial records and has been the face of the ministry when dealing with customers. The ministry would not function without her.
Sharon communicates regularly with Precept International, and with other Precept European offices and is often sought out for advice and help from them. She continues to oversee a volunteer who has came into the office once a week.
## **Social Media / Marketing / Communications**
Zac Prosser’s skills in videography and media have been greatly valued this year with the release of the Precept Training Pathway (PTP). He has been able to collate numerous hours of video and create a training platform that is benefitting many people in the UK and around the world. We have received a number of wonderful testimonies about the training: Here are a few testimonies:
_“This teaches how I can make the most of reading a Bible passage by making a careful and even meticulous observation and then correct interpretation. He Himself will_
_become evident and will make me know Him better._ _**I am more willing, more open, and more eager to spend time with Him and to know Him better.** ”_
_"_ _**It is impossible to do an inductive study without feeling moved inside** . The method serves as the guiding thread, the one that has allowed me to have this experience_ _**, one that brought me closer to God and let His Holy Spirit teach, guide, and shape me** ."_
_"_ _**The materials are excellent, all the support is great, and this new platform promises** !"_
Zac continues to use his creative skills to reach people and encourage them to study the Bible inductively. He posts on social media very regularly, keeping Precept UK in the public eye.
## **REGULAR COMMUNICATION**
We communicate regularly with our constituents as follows:
- **E-Newsletter** . Monthly E-Newsletter.
- **Prayer Bulletin** . Weekly Prayer Bulletin.
- **Companion Updates** . We write to our financial donors 3 times per year.
- **Prayer Team** . Andrew continues to oversee the confidential Precept Prayer team for which we are so grateful.
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**GOING FORWARD**
Other goals looking forward include:
- Film more training videos for the Precept Training Pathway (PTP)
- Run three Precept Bible School courses
- Run two Precept Leader Academy courses
- Regular leader meetings
- Regular young adults’ meetings
- In-person training at camps and churches
- Attend Precept Western Europe Directors Conference in Sicily and Austria
Precept UK Office Staff
Nigel, Zac, Molly and Sharon
## **ADDITIONAL REFERENCE AND ADMINISTRATIVE MATTERS**
The day-to-day management has been delegated by the Trustees to Helen Watts (National Director, also known as ‘Molly’).
Rawlence and Browne provide payroll services, and Clifford Fry and Co LLP are providing the Independent Examination service.
The Charity did not experience any serious incidents during the year that should have been brought to their, or the Charity Commission’s, attention.
15
## **Financial Information**
Below are pie charts for income and expenditure for the FY 2023/2024:
16
## **NAMES OF THE CHARITY TRUSTEES WHO MANAGE THE CHARITY**
||**NAMES OF THE CHARITY TRUSTEES**|**WHO MANAGE THE CHARI**|
|---|---|---|
||**Trustee Name**|**Dates acted****_(if not for_**
**_whole year)_**|
|1|Mr Nigel Watts - Chair||
|2|Mr John Butterworth||
|3|Mr Rob Guinney||
|4|Mrs Jane Guinney||
|5|Mr Nic Arkley||
The Trustees declare that they have approved the Trustees Report above
||**1**|**2**|
|---|---|---|
|Signature(s)|_Original Signed_||
|Full Name(s)|Nigel John Iremonger Watts||
|Position_(e.g. Chair)_|Chair||
|Date|28 Jan 2025||
17
|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**Charity No:**
**1072938**
**Period start date**
**01/12/2023**
**To**
**Period end**
**date**
**30/11/2024**
**PRECEPT MINISTRIES UK**
**Annual Accounts for theperiod**
ees~~————— ~~
FOR ENGLAND AND WALES|**_CC17_**
**_(FRS102)_**
~~ae~~|
|---|---|---|---|---|---|---|---|---|---|
|**Section A Statement of Financial Activities**|**Section A Statement of Financial Activities**|||||||||
|**Recommended categories by**
**activity**||Guidance
Notes|**Unrestricted**
**funds**||**Unrestricted**
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**||**Prior year**
**funds**|
|||||**£**|**£**|**£**||**£**|**£**|
|**Incoming resources (Note 3)**||||F01|F02|F03||F04|F05|
|**Income and endowments from:**||||||||||
|Donations and legacies||S01||76,020|-|-||76,020|69,193|
|Charitable activities||S02||27,804|-|-||27,804|26,838|
|Other trading activities||S03||1,656|-|-||1,656|3,721|
|Investments||S04||980|-|||980|621|
|Separate material item of income||S05||-|-|-||-|1,922|
|Other||S06||595|-|-||595|28|
|**_Total_**||S07||**107,055**|**-**|**-**||**107,055**|**102,323**|
|**Resources expended (Note 6)**||||||||||
|**Expenditure on:**||||||||||
|Raising funds||S08||16,485|-|-||16,485|14,346|
|Charitable activities||S09||91,147|-|-||91,147|85,666|
|Separate material item of expense||S10||149|-|-||149|728|
|Other||S11||-|-|-||-|-|
|**_Total_**||S12||**107,781**|**-**|**-**||**107,781**|**100,740**|
|||||||||||
|**Net income/(expenditure) before investment**
**gains/(losses)**|**Net income/(expenditure) before investment**|S13|-|726
-|-|-|-|726
-|1,583|
|Net gains/(losses) on investments||S14||-|-|-||-|-|
|**Net income/(expenditure)**||S15|-|726
-|-|-|-|726
-|1,583|
|**Extraordinary items**||S16||-|-|-||-|-|
|**Transfers between funds**||S17||-|-|-||-|-|
|**Other recognised** **gains/(losses):**||||||||||
|Gains and losses on revaluation of fixed assets for the charity’s own use|Gains and losses on revaluation of fixed assets for the charity’s own use|S18
Gains and losses on revaluation of fixed assets for the charity’s own use||-|-|-||-|-|
|Other gains/(losses)||S19|||-|-||-|1|
|**_Net movement in funds_**||S20|**-**|**726**
**-**|**-**|**-**|**-**|**726**
**-**|**1,584**|
|**_Reconciliation of funds:_**||||||||||
|Total funds brought forward||S21||72,604|-|-||72,604|71,020|
|_Total funds carried forward_||S22||**71,878**|**-**|**-**||**71,878**|**72,604**|
1
## **Section B Balance Sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**|Guidance
Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||1,495|-|-|1,495|3,296|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||**1,495**|**-**|**-**|**1,495**|**3,296**|
||||||||
|||15,568|-|-|15,568|15,241|
|||1,683|-|-|1,683|365|
|||-|-|-|-|-|
|||55,576|-|-|55,576|55,815|
|||72,827|-|-|72,827|71,421|
||||||||
|||2,444|-|-|2,444|2,113|
||||||||
|||**70,383**|**-**|**-**|**70,383**|**69,308**|
||||||||
|||**71,878**|**-**|**-**|**71,878**|**72,604**|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||**71,878**|**-**|**-**|**71,878**|**72,604**|
||||||||
|||-|-|-|-|-|
|||-|-||-|-|
|||71,878|-|-|71,878|72,604|
||||||-||
|||**71,878**|**-**|**-**|**71,878**|**72,604**|
||||||||
|**Signed by one or two trustees on**
**behalf of all the trustees**||Signature||Print Name||Date of
approval
dd/mm/yyyy|
||_Original Signed_|||NJI Watts||28/01/2025|
CC17a (Excel)
28/01/2025
2
## **Section C Notes to the accounts**
## **Note 1 Basis of preparation**
## _**This section should be completed by all charities**_
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities
- • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- • and with* ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
✓
_* Tick as appropriate_
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support There is no threat of liquidation within 12 months. The charity the conclusion that the charity is a going declares its intention to keep running its activities at least for the concern; next year and to prepare financial statements accordingly.
Disclosure of any uncertainties that make the going concern assumption doubtful;
Not applicable
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees Not applicable prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in notes 2.2 and 2.3.
Yes* ✓ * Tick as appropriate No*
CC17a (Excel)
28/01/2025
3
## _**Please disclose:**_
|**_Please disclose:_**||
|---|---|
|**_(i) the nature of the change inaccounting policy;_**|Not applicable|
|**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**|Not applicable|
|**_(iii) the amount of the adjustment for each line affected_**
**_in the current period, each prior period presented and_**
**_the aggregate amount of the adjustment relating to_**
**_periods before those presented, 3.44 FRS 102 SORP._**|Not applicable|
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
✓
No*
**_Please disclose:_**|✓|* Tick as appropriate|* Tick as appropriate|
|---|---|---|---|
|||||
|||||
|**_(i) the nature of any changes;_**|||Not applicable|
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the currentperiod; and_**|||Not applicable|
|**_(iii) where practicable, the effect of the change in one or_**
**_more futureperiods._**|||Not applicable|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
✓
No*
**_Please disclose:_**|✓|* Tick as appropriate|* Tick as appropriate|
|---|---|---|---|
|||||
|||||
|**_(i) the nature of the prior _**||**_period error;_**|Not applicable|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||Not applicable|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliestpriorperiodpresented in the accounts._**|||Not applicable|
CC17a (Excel)
28/01/2025
4
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change** None **in accounting policy Start of End of period period £ £**
_**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_
**Fund balances as previously stated** _**Adjustments:**_
## **Fund balance as restated**
_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS102**_
**End of period £**
**Net income/(expenditure) as previously stated** _**Adjustments:**_
**Previous period net income/(expenditure) as restated**
CC17a (Excel)
28/01/2025
5
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
|**2.2 INCOME**|**2.2 INCOME**|**2.2 INCOME**|**2.2 INCOME**|
|---|---|---|---|
|_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or_
_additional policy has been adopted then this is detailed in the box below._||||
|**Recognition of income**
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
The charity has incurred expenditure on support costs.
**Volunteer help**
These are included in the Statement of Financial Activities (SOFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Contractual income and**
**performance related**
**grants**
**Offsetting**
**Grants and donations**
Grants and donations are only included in the SOFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SOFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
**Donated goods**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SOFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Gifts in kind for use by the charity are included in the SOFA as income from donations
when receivable.
**Support costs**|Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
|||✓||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
|**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 14.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least:
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments.
**Stocks and work in**
**progress**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5.
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
**Basic financial**
**instruments**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SOFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SOFA.||Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|---|
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
||||✓||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
||£100||||
||||||
|||✓|||
|||Yes
No
N/a|||
||||✓||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
||||✓||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|**POLICIES ADOPTED**
**ADDITIONAL TO, OR**
**DIFFERENT FROM,**
**THOSE ABOVE**
**Debtors**
**Current asset**
**investments**|They are valued at fair value except where they qualify as basic financial instruments.
Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
The charity has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit
and cash equivalents with a maturity date of less than one year held for investment
purposes rather than to meet short term cash commitments as they fall due.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|---|
|||✓|||
|||Yes
No
N/a|||
||||✓||
|||Yes
No
N/a|||
|||||✓|
||||||
||Not applicable||||
## **Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
|**Note 3 Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|
|---|---|---|---|---|---|---|
|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
Donations andgifts
66,995
-**66,995**58,941
Gift Aid
9,025 - -**9,025**10,252
Legacies
- - -**-**-
General grants provided by government / other
charities
- - -**-**-
Membership subscriptions and sponsorships
which are in substance donations
- - -
**-**
-
Donatedgoods,facilities and services
- - -**-**-
Other
- - -**-**-
**Total 76,020 - - 76,020 69,193**
Sale of books, CDs, DVDs and other items
27,804 - -**27,804**26,838
- - -**-**-
- - -**-**-
- - -**-**-
**Total 27,804 - - 27,804 26,838**
Conference / WorkshopFees
1,656 - -**1,656**3,721
- - -**-**-
- - -**-**-
Other
- - -**-**-
**Total 1,656 - - 1,656 3,721**
Interest income
980 - -**980**621
Dividend income
- - -**-**-
Rental and leasingincome
- - -**-**-
Other(Insurance Compensation)
- - -**-**-
**Total 980 - - 980 621**
Sale of assets(proceeds from sale)
- - -**-**1,922
- - -**-**-
- - -**-**-
- - -**-**-
**Total - - - - 1,922**
Conversion of endowment funds into income
- - -**-**-
Gain on disposal of a tangible fixed asset held
forcharity's ownuse
- - -**-**-
Gain on disposal of a programme related
investment
- - -**-**-
Royalties from the exploitation of intellectual
propertyrights
- - -**-**-
Other - Insurance compensation
595 - - **595 **28
**Total 595 - - 595 28**
**107,055**
**- - 107,055 102,323**
**Other information:**
**TOTAL INCOME**
**Other:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
**Analysis**
**Donations**
**and legacies:**
**Charitable**
**activities:**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis**||||||
||Donations andgifts|66,995||-|**66,995**|58,941|
||Gift Aid|9,025|-|-|**9,025**|10,252|
||Legacies|-|-|-|**-**|-|
||General grants provided by government / other
charities|
-|-|-|**-**|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|
**-**|
-|
||Donatedgoods,facilities and services|-|-|-|**-**|-|
||Other|-|-|-|**-**|-|
||**Total **|**76,020**|**-**|**-**|**76,020**|**69,193**|
||||||||
||Sale of books, CDs, DVDs and other items|27,804|-|-|**27,804**|26,838|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||**Total **|**27,804**|**-**|**-**|**27,804**|**26,838**|
||||||||
||Conference / WorkshopFees|1,656|-|-|**1,656**|3,721|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||Other|-|-|-|**-**|-|
||**Total **|**1,656**|**-**|**-**|**1,656**|**3,721**|
||||||||
||Interest income|980|-|-|**980**|621|
||Dividend income|-|-|-|**-**|-|
||Rental and leasingincome|-|-|-|**-**|-|
||Other(Insurance Compensation)|-|-|-|**-**|-|
||**Total **|**980**|**-**|**-**|**980**|**621**|
||||||||
||Sale of assets(proceeds from sale)|-|-|-|**-**|1,922|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||**Total **|**-**|**-**|**-**|**-**|**1,922**|
||||||||
||Conversion of endowment funds into income|-|-|-|**-**|-|
||Gain on disposal of a tangible fixed asset held
forcharity's ownuse|-|-|-|**-**|-|
||Gain on disposal of a programme related
investment|-|-|-|**-**|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|**-**|-|
||Other - Insurance compensation|595|-|-|**595 **|28|
||**Total **
**E**|**595**|**-**|**-**|**595**|**28**|
|||**107,055**|**-**|**-**|**107,055**|**102,323**|
**All income in the prior year was unrestricted except for:** Not applicable **(please provide description and amounts) Where any endowment fund is converted into income in the** Not applicable **reporting period, please give the reason for the conversion. Within the income items above the following items are** There was a one-off donation of £10K from one individual **material: (please disclose the nature, amount and any prior** and there was an insurance claim made for a broken laptop
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
CC17a (Excel)
28/01/2025
9
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
Not applicable
**Government grant 2**
**Government grant 3**
**Other**
**Total**
**_Please provide details of any unfulfilled conditions and other_**
**_contingencies attaching to grants that have been recognised in_**
**_income._**
**_Please give details of other forms of government assistance from_**
**_which the charity has directly benefited._**
**Description**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
||Not applicable|-|-|
|||-|-|
|||-|-|
|||-|-|
|||**-**|**-**|
|||||
|||Not applicable||
|||||
|||Not applicable||
CC17a (Excel)
28/01/2025
10
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
**Seconded staff Use of property Other**
**Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.**
**Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.**
**Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.**
|**facilities and services**|**facilities and services**|
|---|---|
|**This year**
**Last year**
**£**
**£**||
|-|-|
|-|-|
|-|-|
|**-**|**-**|
|||
|Not applicable||
|||
|Not applicable||
|||
|Mr Nigel Watts is a volunteer PUK
Director
There are other volunteers that help
the ministry from running training to
helping man a book stand at an event,
when they are held. Voluntary work
this year has been carried out by
helping with online training.||
CC17a (Excel)
28/01/2025
11
**Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
|**Note 6**|**Analysis of expenditure**||||||
|---|---|---|---|---|---|---|
|**Separate material**
**item of expense**
**Other**
**TOTAL EXPENDIT**
**Expenditure on**
**raising funds:**
**Expenditure on**
**charitable**
**activities**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**Prior year**
**£**|||||
||Incurred seeking donations|-|-|-|**-**|-|
||Incurred seekinglegacies|-|-|-|**-**|-|
||Incurred seeking grants|-|-|-|**-**|-|
||Operating membership schemes and
social lotteries|-|-|-|**-**|-|
||Stagingfundraising events|-|-|-|**-**|-|
||Fundraising agents|-|-|-|**-**|-|
||Operating charity shops|-|-|-|**-**|-|
||Operating a trading company|-|-|-|**-**|-|
||Advertising, marketing, direct mail and
publicity|-|-|-|**-**|-|
||Start up costs incurred in generating
new source of future income|-|-|-|**-**|-|
||Database development costs|-|-|-|**-**|-|
||Othertrading activities|16,485|-|-|**16,485**|14,346|
||Investmentmanagement costs:|-|-|-|**-**|-|
||Portfolio management costs|-|-|-|**-**|-|
||Cost of obtaininginvestment advice|-|-|-|**-**|-|
||Investment administration costs|-|-|-|**-**|-|
||Intellectualpropertylicencingcosts|-|-|-|**-**|-|
||Rent collection, property repairs and
maintenance charges|-|-|-|**-**|-|
||**Total expenditure on raising funds**|**16,485**|**-**|**-**|**16,485**|**14,346**|
||||||||
||Conferences/Workshops|221|-|-|**221**|507|
||SalaryCosts|68,938|-|-|**68,938**|63,984|
||Charitable Activities Costs|21,688|-|-|**21,688**|20,755|
||Independent Examination Fee|300|-|-|**300**|420|
||**Total expenditure on charitable**
**activities**|**91,147**|**-**|**-**|**91,147**|**85,666**|
||||||||
||
Sale ofassets (NBV of diosposed assets)|149|-|-|**149**|728|
|||-|-|-|**-**|-|
||**Total material item of expense**|**149**|**-**|**-**|**149**|**728**|
||||||||
||Rounding adjustment|-|-|-|**-**|-|
|||-|-|-|**-**|-|
||**URE**
**Total other expenditure**|**-**|**-**|**-**|**149**|**728**|
|||**107,781**|**-**|**-**|**107,781**|**100,740**|
## **Other information (Analysis of expenditure on charitable activities):**
|**Activity or**
**programme**|**Activities undertaken directly**|**Activities undertaken directly**|**Grant**
**funding**
**of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**Prior year**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Activity1|||||**-**||
|Activity2|||||**-**||
|Other|||||**-**||
|**Total**|||||**-**||
|**Prior year expenditure on charitable**
**activities can be analysed as follows:**|||||||
|||Not applicable|||||
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
There was depreciation remaining on the broken laptop (for which an insurance claim was made) which was written off.
CC17a (Excel)
28/01/2025
12
**Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary items**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
||Not applicable|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||||
|||-|-|
|||**-**|**-**|
CC17a (Excel)
28/01/2025
13
**Section C Notes to the accounts (cont)**
## **Note 8 Funds received as agent**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
|**_Financial Activities or the Balance Sheet._**|**_Financial Activities or the Balance Sheet._**|||||||
|---|---|---|---|---|---|---|---|
|||**Amount received**||**Amount paid out**||**Balance held at**
**period end**||
|**Description/name of party**|**Related**
**party (Yes**
**or No)**|**This year **|**Last year **|**This year **|**Last year **|**This year **|**Last year**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|Not applicable||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|**Total**||**-**|**-**|**-**|**-**|**-**|**-**|
## _**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_
|**Description/name of party**|**Balance held at**
**period end**|**Balance held at**
**period end**|
|---|---|---|
|Not applicable|**Thisyear **|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**Total**|**-**|**-**|
CC17a (Excel)
28/01/2025
14
**Section C Notes to the accounts (cont)**
## **Note 9 Support Costs**
## _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**Support cost**|**Raising funds **
**£**|**Activity 1 **
**£**|**Activity 2 **
**£**|**Activity 3 **
**£**|**Grand total**
**£**|**Basis of**
**allocation**|
|---|---|---|---|---|---|---|
|||||||**(Describe**
**method)**|
|Not applicable|-|-||-|-||
||-|-||-|-||
||-|-||-|-||
||-|-||-|-||
||-|-||-|-||
|**Total**|**-**|**-**||**-**|**-**||
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
CC17a (Excel)
28/01/2025
15
## **Section C Notes to the accounts (cont)**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Other fees (for example: financial advice, consultancy, accountancy**
**services paid to the independent examiner)**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||300|420|
||-|-|
||-|-|
||-|-|
CC17a (Excel)
28/01/2025
16
**Section C Notes to the accounts (cont)**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees.**_
|**_Please give details of the number of employees whose total_**
**_employee benefits (excluding employer pension costs) fell within_**
**_each band of £10,000 from £60,000 upwards. If there are no such_**
**_transactions, please enter 'true' in the box provided._**
**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Salaries and wages**
**11.1 Staff Costs**|**_Please give details of the number of employees whose total_**
**_employee benefits (excluding employer pension costs) fell within_**
**_each band of £10,000 from £60,000 upwards. If there are no such_**
**_transactions, please enter 'true' in the box provided._**
**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Salaries and wages**
**11.1 Staff Costs**|||
|---|---|---|---|
|||**Thisyear £**|**Lastyear £**|
|||71,064|65,935|
|||536|537|
|||-|-|
|||-|-|
|||**71,600**|**66,472**|
|||||
|||None||
|||||
|||TRUE||
|||||
|||TRUE||
|||||
|**Band**|**Number of employees**|||
|**£60,000 to £69,999**|0|||
|**£70,000 to £79,999**|0|||
|**£80,000 to £89,999**|0|||
|**£90,000 to £99,999**|0|||
|**£100,000 to £109,999**|0|||
|**Please provide the total amount paid to**
**key management personnel (includes**
**trustees and senior management) for**
**their services to the charity**||||
||Mrs Helen Watts (National Director) £25,572 (gross)|||
|**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**||**This year**
**Number**|**Last year**
**Number**|
|---|---|---|---|
||**Fundraising**|0.11|0.11|
||**Charitable Activities**|2.64|2.64|
||**Governance**|0.25|0.25|
||**Other**|-|-|
||**Total**|**3.00**|**3.00**|
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**Please explain the nature of the**
**payment**|Not applicable|
|---|---|
|||
|**Please state the legal authority or**
**reason for making the payment**|Not applicable|
|**Please state the amount of the payment**||
|**(or value of any waiver of a right to an**|Not applicable|
|**asset)**||
|**11.4 Redundancy payments**||
|**_Please complete if any redundancy or termination payment is made in the period._**||
|**Total amount of payment**|Not applicable|
|||
|**The nature of the payment (cash, asset**
**etc.)**|Not applicable|
|||
|**The extent of redundancy funding at**
**the balance sheet date**|Not applicable|
|**Please state the accounting policy for**||
|**any redundancy or termination**|Not applicable|
|**payments**||
CC17a (Excel)
28/01/2025
17
**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
**Amount of contributions recognised in the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
Not applicable
All eligible employees were offered the new statutory workplace pension. PUK opted to use NEST, however, all eligible employees opted out of the scheme.
## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
Not applicable
**Please provide such information as is available about the plan's surplus or** Not applicable **deficit and the implications, if any, for the reporting charity**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan**
Not applicable
CC17a (Excel)
28/01/2025
18
**Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**|
|---|---|---|---|---|
|Activityorproject 1|Not applicable||**£**|**£**|
|Activityorproject 2|||-|**-**|
|Activityorproject 3|||-|**-**|
|Activityorproject 4|||-|**-**|
|**_Total_**|**-**|**-**|**-**|**-**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**13.2 Grants made to institutions**|||
|---|---|---|
|**_My charity has made grants to particular institutions that are material_**
**_in the context of its grantmaking. Details of the institution_**
**_supported, purpose of the grant and total paid to each institution is_**
**_available on the charity's web site._**||**_Please provide_**
**_details of charity's_**
**_URL_**|
||**_No_**|**_Provide details_**
**_below_**|
|**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**|
|---|---|---|
|Not applicable||**-**|
|||**-**|
|||**-**|
|**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**||**-**|
|||**-**|
|||**-**|
CC17a (Excel)
28/01/2025
19
**Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation**
|At the beginning of
the year
Additions
Revaluations
Disposals
Transfers *
**At end of the year**|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|29,285|17,166|46,451|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-743|-743|
||-|-|-|-|-|
||**-**|**-**|**29,285**|**16,423**|**45,708**|
## **14.2 Depreciation and impairments**
|****Basis**
**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
**At end of the year**
Net book value at the
beginning of the year
**Net book value at**
**the end of the year**
**14.3 Net book value**|SL|SL|SL|SL||Straight Line
("SL") or
Reducing
Balance
("RB")|
|---|---|---|---|---|---|---|
||||5 years / fully
depreciated|5 years|||
||- - 29,285 13,870 43,155
- - - -595-595
- - -1,653 1,653
- - - - -
- - - - -
**- - 29,285 14,928 44,213**
- - - 3,296 3,296
**- - - 1,495 1,495**||||||
||-|-|-|3,296|3,296||
||**-**|**-**|**-**|**1,495**|**1,495**||
## **14.4 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
Not applicable
CC17a (Excel)
28/01/2025
20
## **14.5 Revaluation**
## _**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation the name of independent valuer, if applicable the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.**_
Not applicable Not applicable Not applicable Not applicable
## **14.6 Other disclosures**
_**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.**_
_**(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_
None None None
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
28/01/2025
21
**Section C Notes to the accounts (cont)**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_
## **15.1 Cost or valuation**
|**15.1 Cost or valuation**|**15.1 Cost or valuation**|**15.1 Cost or valuation**|**15.1 Cost or valuation**|**15.1 Cost or valuation**|**15.1 Cost or valuation**|
|---|---|---|---|---|---|
|**Research &**
**development**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
**At end of the year**
**- - - -**
****Basis**
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
**At end of year**
**- - - -**
Nat book value at the
beginning of the year
- - - -
**Net book value at**
**the end of the year**
**- - - -**
**15.2 Amortisation and impairments**
**15.3 Net book value**||||||
||||||Straight Line
("SL") or
Reducing
Balance
("RB")|
|||||||
||- - - -
- - - -
- - - -
- - - -
- - - -
**- - - -**
- - - -
**- - - -**|||||
||-|-|-|-||
||**-**|**-**|**-**|**-**||
**15.4 Accounting policy** _**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing**_ Not applicable _**amortisation rates Policies for the recognition of any**_ Not applicable _**capital development**_
## **15.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or**_ Not applicable _**reversal of an impairment loss.**_
CC17a (Excel)
28/01/2025
22
## **15.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_ Not applicable _**the name of independent valuer, if applicable**_ Not applicable _**the methods applied**_ Not applicable _**the carrying amount that would have been recognised had the assets been carried under**_ Not applicable _**the cost model.**_
|**15.7 Other disclosures**
**_(iii) Please provide the amount of contractual_**
**_commitments for the acquisition of intangible_**
**_assets._**
**_the carrying amount that would have been_**
**_recognised had the assets been carried under_**
**_the cost model._**
**_the effective date of the revaluation_**
**_(iv) State the amount of research and_**
**_development expenditure recognised as_**
**_expenditure in the year._**
**_(vi) Please detail the headings in the SOFA in_**
**_which a charge for amortisation of intangible_**
**_assets is included._**
**_the name of independent valuer, if applicable_**
**_the methods applied_**
**_(vii) For any material intangible assets, please_**
**_provide a description, its carrying amount and_**
**_any remaining amortisation period._**
**_(i) If your intangible asset was acquired by way_**
**_of grant, provide value on initial recognition and_**
**_carrying amount of the asset._**
**_(ii) Details of the carrying amounts of any_**
**_intangible assets to which the charity has_**
**_restricted title or that are pledged as security for_**
**_liabilities._**|Not applicable|
|---|---|
||Not applicable|
||Not applicable|
||Not applicable|
|||
||Not applicable|
||Not applicable|
||Not applicable|
||Not applicable|
||Not applicable|
||Not applicable|
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
28/01/2025
23
**Section C Notes to the accounts (cont)**
## **Note 16 Heritage assets**
## _**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
**(i) Explain the nature and scale of heritage assets held.**
**(ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.**
Not applicable Not applicable
## **16.2 Cost or valuation**
|At beginning of the year
Additions
Disposals
Revaluations
Transfers *
**At end of the year**
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
**At end of year**
Nat book value at the beginning of the
year
**Net book value at the end of the year**
**16.3 Depreciation and impairments**
**16.4 Net book value**|**Heritage asset**
**1**
**£**|
**Heritage asset**
**2**
**£**|
**Heritage asset**
**3**
**£**|
**Heritage asset**
**4**
**£**|
**Total**
**£**|
**Total**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||**-**|**-**|**-**|**-**|**-**||
|||||||Straight Line
("SL") or
Reducing
Balance|
||||||||
||- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
**- - - - -**||||||
||-|-|-|-|-||
||**-**|**-**|**-**|**-**|**-**||
## **16.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
Not applicable
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_
_**the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_
Not applicable Not applicable Not applicable Not applicable Not applicable
CC17a (Excel)
28/01/2025
24
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period
Carrying amount at the beginning of the period|**At valuation**
**Group A**
£|**At cost Group**
**B**
£|**Total**
£|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
**(i) Explain the reason why heritage assets have not been recognised on the balance sheet.**
**(ii) Describe the significance and nature of heritage assets.**
**(iii) Disclose information that is helpful in assessing the value of heritage assets.**
**(iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
Not applicable
Not applicable
Not applicable
Not applicable
## **16.9 Five year summary of heritage assets transactions**
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**||||||
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|||||
||-|||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
CC17a (Excel)
28/01/2025
25
**Section C Notes to the accounts (cont)**
## **Note 17 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|**Cash & cash**
**equivalents**
Carrying (fair) value at beginning of
period
-
**Add:**additions to investments during
period*
-
**Less:**disposals at carrying value
-
**Less: impairments**
-
**Add: Reversal of impairments**
-
**Add/(deduct):**transfer in/(out) in the
period
-
**Add/(deduct):**net gain/(loss) on
revaluation
-
**Carrying (fair) value at end of year**
**-**
***Please specify additions resulting from**
**acquisitions through business combinations, if**
**any.**|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|**-**|
||||||||
|||Not applicable|||||
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
## **Analysis of investments**
|
**Cash or cash equivalents**
**Investment properties**
**Listed investments**
**Social investments**
**Other investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Total**|**Fair value at year end £**|**Cost less impairment £**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||**-**|**-**|
||||
## **17.3 If your charity holds investment properties, please complete the following note:**
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity**
**(ii) Name or independent valuer, if applicable, and relevant qualifications**
**(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds**
**(iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements**
Not applicable Not applicable Not applicable Not applicable
CC17a (Excel)
28/01/2025
26
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**Cash or cash equivalents**
**Investment properties**
**Analysis of current asset investments**
**Amounts payable within 1 year**
**Terms and conditions eg interest rate, security**
**provided**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**
**Please provide details and amount of any**
**guarantee made to or on behalf of a third party**
**Name of the entity or entities benefitting from**
**those guarantees**
**Amounts receivable after more than 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**17.5 Guarantees**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**Please explain how the guarantee furthers the**
**charity's aims**
**17.6 Concessionary loans**
**Other investments - bank savings account**
**Total**
**Social investments**
**Listed investments**||**This year £**|**Last year £**|**Last year £**|**Last year £**|
|---|---|---|---|---|---|
|||-|-|||
|||-|-|||
|||-|-|||
|||-|-|||
|||44,709|46,469|||
|||**44,709**|**46,469**|||
||Not applicable|||||
||Not applicable|||||
||Not applicable|||||
||**_Description_**|||**Thisyear £**|**Lastyear £**|
||Not applicable|||||
|||||||
||**_Total_**|||||
|||||||
||**_Description_**|||**Thisyear £**|**Lastyear £**|
||Not applicable|||||
|||||||
||**_Total_**|||||
|||||||
||Not applicable|||||
||Not applicable|||||
||Not applicable|||||
||Not applicable|||||
||Not applicable|||||
||Not applicable|||||
## **17.7 Additional information**
**Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.**
Not applicable Not applicable Not applicable
**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.**
**Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
CC17a (Excel)
28/01/2025
27
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**For**
**distribution**
**For resale**
**£**
**£**
**Charitable activities:**
**_Opening_**
- -
**_Added in period_**
- -
**_Expensed in period_**
- -
**_Impaired_**
- -
**_Closing_**
**- -**
**Other trading activities:**
**_Opening_**
-15,241
**_Added in period_**
-11,875
**_Expensed in period_**
- -11,488
**_Impaired_**
- - 60
**_Closing_**
**- 15,568**
**Other:**
**_Opening_**
- -
**_Added in period_**
- -
**_Expensed in period_**
- -
**_Impaired_**
- -
**_Closing_**
**- -**
**Total this year**
**- 15,568**
**_Total previous year_**
- 15,241
None
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**|
|---|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|15,241|-|-|-|
||-|11,875|-|-|-|
||-|-11,488|-|-|-|
||-|- 60|-|-|-|
||**-**|**15,568**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**15,568**|**-**|**-**|**-**|
||-|15,241|-|-|-|
|||||||
|||None||||
CC17a (Excel)
28/01/2025
28
**Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
|**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||465|45|
||1,218|320|
||-|-|
||**1,683**|**365**|
_**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||**-**|**-**|
CC17a (Excel)
28/01/2025
29
**Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||442|134|-|-|
||-|-|-|-|
||1,159|1,224|-|-|
||843|755|-|-|
||-|-|-|-|
||**2,444**|**2,113**|**-**|**-**|
## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_
## _**Please explain the reasons why income is deferred.**_
During the Financial Year, bookings and payments to attend the Precept Bible School during 2025 (i.e. the next Financial Year) were received so are carried on the Balance Sheet to next Financial Year.
|**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||182|499|
||533|182|
||- 182|- 499|
||**533**|**182**|
CC17a (Excel)
28/01/2025
30
**Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Please provide:**
**- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;**
**balance sheet and the expected amount and timing of** Not applicable **resulting payments; - an indication of the uncertainties about the amount** Not applicable **or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for** Not applicable **that expected reimbursement.**
## **21.2 Movements in recognised provisions and funding commitment during the period**
|**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||**-**|**-**|
**21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and** Not applicable **details of how the commitment will be funded (with contracts for capital expenditure separately identified). 21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of** Not applicable **any amounts designated and the likely timing of that expenditure.**
CC17a (Excel)
28/01/2025
31
**Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
|**22.1 Please provide information about the**
**significance of financial instruments (eg. debtors,**
**creditors, investments etc) to the charity's financial**
**position or performance, for example, the terms and**
**conditions of loans or the use of hedging to manage**
**financial risk.**
**22.2 If the charity has provided financial assets as a**
**form of security, the carrying amount of the financial**
**assets pledged as security and the terms and**
**conitions related to its pledge should be given here.**|**DEBTORS**:
(1) Accrued Gift Aid refund from Inland Revenue for
Nov 2024.
**CREDITORS**: Accruals and Deferred Income is due to:
(1) Pre-sales for the Precept Bible School which aren't
due to happen until next Financial Year.
(2) Bills due to be paid which hadn't been received by
the end of the Financial Year.
(3) Three bills have been accrued for Payroll,
Independent Examination and Soundstripe.|
|---|---|
||Not applicable|
CC17a (Excel)
28/01/2025
32
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
|**possibility of their existence is remote.**||
|---|---|
|**Description of item including its legal nature. Please**
**describe any security provided in connection to the**
**liability.**|**Estimate of financial effect**|
|Not applicable||
|||
|||
|||
## **23.2 Contingent assets**
## **Where the charity has contingent assets, please complete the following section when their existence is probable**
|**Description of item**
**Estimate of financial effect**|**Description of item**
**Estimate of financial effect**|
|---|---|
|
Not applicable||
|||
|||
|||
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact**
Not applicable Not applicable
CC17a (Excel)
28/01/2025
33
**Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Short term cash investments (less than 3 months**
**maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||55,576|55,815|
||-|-|
||**55,576**|**55,815**|
CC17a (Excel)
28/01/2025
34
**Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
Exposure is very low. Most people pay (e.g. for resources) at point of sale. Credit is extended to only a few customers who are well known to the Ministry. Liquidity risk is low and the Charity meets its target for maintaining 3 months-worth of operating resources. If there was a liquidity problem, Precept International may well step in to help out. There is no market risk.
None
CC17a (Excel)
28/01/2025
35
**Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note where events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
**Please provide details of the nature of the event**
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
Not applicable Not applicable
CC17a (Excel)
28/01/2025
36
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the Balance Sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type**
**PE, EE**
**R or UR**
*****|
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|
**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains**
**and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|Reserves|U|Normal Ministry
activities|
72,604|-|- 726|-|-|71,878|
|**Total Funds**|||**72,604**|**-**|**- 726**|**-**|**-**|**71,878**|
CC17a (Excel)
28/01/2025
37
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the Balance Sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type**
**PE, EE**
**R or UR**
*****|
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|
**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains**
**and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|Reserves|U|Normal Ministry
activities|
70,470|2,134|-|-|-|72,604|
|Reserves|R|Ukraine|275|-|- 275|-|-|-|
|**Total Funds**|||**70,745**|**2,134**|**- 275**|**-**|**-**|**72,604**|
CC17a (Excel)
28/01/2025
38
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
||**Reason for transfer and where endowment is**
**converted to income, legal power for its**
**conversion**|**Amount**|
|---|---|---|
|Between unrestricted and
restricted funds|None||
|Between endowment and
restricted funds|None||
|Between endowment and
unrestricted funds|None||
## **27.4 Designated funds**
|**Planned use**|**Purpose of the designation**|**Amount**|
|---|---|---|
|Not applicable|||
CC17a (Excel)
28/01/2025
39
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
TRUE
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of Trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amountspaid or benefit value**|**Amountspaid or benefit value**|**Amountspaid or benefit value**|**Amountspaid or benefit value**|**Amountspaid or benefit value**|
|---|---|---|---|---|---|---|
|||**This year**||||**Last year**|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**|**£**|**£**|**£**|
|Not applicable|||||||
||||||||
|**_Please give details of why remuneration or other_**
**_employment benefits were paid._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**|||||||
|||Not applicable|||||
|||Not applicable|||||
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**||FALSE|
|---|---|---|
||||
|**Type of Expenses Reimbursed**|**Thisyear**|**Lastyear**|
||**£**|**£**|
|**Travel**|24|0|
|**Subsistence**|31|13|
|**Accommodation**|0|0|
|**Other(please specify): **|||
|**TOTAL**|**55**|**13**|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
1
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|TRUE|TRUE|
|---|---|---|---|---|---|---|---|
|||||||||
|**Name of the Trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad**
**debts at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**|
|Not applicable|||**£**|**£**|**£**||**£**|
|||||||||
|||||||||
|**_For any related party, please provide details of any_**
**_guarantees given or received._**
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the nature_**
**_of any payment (consideration) to be provided in_**
**_settlement._**||||||||
||||Not applicable|||||
|||||||||
||||Not applicable|||||
CC17a (Excel)
28/01/2025
40
## **Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
Mr Nigel Watts is the Chair of Trustees for Precept UK (PUK) and is a voluntary PUK National Director. During the Financial Year 1 Dec 2023 to 30 Nov 2024 (FY23/24), Mr Nigel Watts was also acting on behalf of Precept International (PMI) based in Chattanooga Tennessee USA and he received remuneration from them which was not part of PUK funding (PMI is a separate entity under American Law). Under his remit, he has responsibility and oversight for the separate Precept Ireland and Precept Scotland offices on behalf of Precept International (PMI).
As part of his duties Mr Nigel Watts was allocated a Budget by PMI in the furtherance of PMI's Vision and Objectives (which are also shared with PUK). Expenditure on behalf of Mr Watts' various activities was paid for by PUK and held on the Balance Sheet as a DEBTOR. Full refunds of all costs incurred were made quarterly by PMI and were supported by clear audit trails of costs incurred. At the end of this Financial Year, PMI had refunded back £5 less than was required, so this amount is transferred to next Financial Year on the Balance Sheet to be covered by that year's refunded costs.
CC17a (Excel)
28/01/2025
41
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees** Precept Ministries UK **On accounts for the year** 30 November 2024 **Charity no** 1072938 **ended (if any) Set out on pages** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/11/2024. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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.
**Date:** 10/02/2025 **Signed:** ~~a~~ **Name:** Adeel Sahi **Relevant professional** ACCA **qualification(s) or body (if any): Address:** Bowdon Accounting Services Ltd Bartle House, Oxford Court Manchester M2 3WQ
1