Cbarity registration number 1074034 CHRISTCHURCH (WEST SUSSEX) ANNUAL REPORT AND UNAUDITED Tr'INAI¥CIAL STATEMENTS FOR THE YEAR EINDED 31 MARCH 2024
CHRISTCHURCH (WEST SUSSEX) LEGALAND ADMINISTRATIVE INFORMATION Trvstees J Crawford G Herbert A Clark Charity number 1074034 Pritkelpal address Brewcr Hall Brewer Road Souihgate Ctawley Wesi Sussex RHIO 6BN Independenf Darren HArding ACA FCCA DChA Richard Place Dobsoii Seryiccs LimId 1-7 Siatiott Road Crawley Wesi Sussex RHIO IHT
CHIUSTCHURCH (WEST SUSSEX) CONTENTS Page Truste¢s' ry)rt Independent examin¢Vs r¢port Ststement of fllmicial activiu¢s Balance she¢t Notes to the financial statements 6-13
CHRISTCHURCH (WEST SUSSEX) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 21124 Tbe trustees prescni their aDnua] repoll and financhaj ststements for the year ended 31 March 2024. The finoncsal siatetnents have been prepared in accordwce ](h the accounling polhcies sei l)ui in no l TO di¢ financial Statements and comply with the chariry's s1 deed. the Charities Act 2011 and "Accounting and Repoiiang by Chariiies. St3Temeni of Re¢ommend¢d PracfiC¢ applicable to charities preparing their acCOts in atcordaoce with the Financial Reporting Standard applicable in the UK and Republic of Itrland (FRS 102) l¢ffr¢ti&e l January ?0191" Obj¢ctlv¢s and #ctivities A, To advance the Christian faiih in accordance with the statenwii of beliefs appearing in the schedule here to and in panicular in West SusKx in such other part% of the UDiied Kjngdom or ih¢ world as the trusices may fro lime 10 tune think fit. B. To rclieve person5 who are in conditions of need or hardshTP or who arc aged or ssck and to relieve the distress cause thereby in the sald Wes( Su&sex &nd in such pans of the United Kingdom OT the world as the MleeS may from time to ume think fit. C, The advancement of edtIOn. D. To protnoie an fulfil such other chariiable purposes bEneficial to the community in the said Wesi Sussex and in such other parts of th¢ United Kin8dom or the world as thc Itustees may fro lie to time think fil. ChristChuT¢h (West Suss¢xl is a Bible based, charismatic Church, related io New Covenant Ministries International. It aiTns to reach oiir tn ihe local commuDiry and beyond with ihe lov¢ and messagc of Jcsus Cbri51. To meet the needs of that communiry as bes¢ 11 can and to provide a practi¢a] demon51raiivn ot" whal is laughi in Bibl¢. Thc eharjiy aimÉ to equip ihnse who r¢spond to this messag¢ io reach out iurther to noi ooly the local communiry bui also the UK. Europe and ihe nations of ihe world. The chariry Intends to start other churches throughoui the world based on ihe values of the Bible 50 Ihat they reach their cotnrnunity. The mission is simply this.. Reach. Equip alld Deploy. IA order to do this ihe church holds Sunday morning meetings Sunday evening prayer meeiings and mid we¢k group meetings in homes as well other irregular meetings wim8nly buE Ilot exclusively in the Crawley atea. Oth¢r eients aiTned specifically at youth 8nd adults are also undciidkri). We have referred to the guidance in the ChaTiry Commission's general guidance ot] Public Benefit Whe reviewing our aiTns and objectives and in platULing our fuDJre aciivitles. ID Particular. the Ttusiees consider bow planned activities will contribute 10 the aims &nd objeciives they have sei. The trustees have paid due regard 10 guidance illed by ihe Charity Commission in deciding whal aciivities Ilie chatily should undertake. Achieyements perform8n¢e This lasi yeat we have seen th¢ ttLom¢nlUm Ot the church increase agaill. Given thai the straill on the natioual economy is affeciin¥ job availability. we have Seen some reluCa froln Crdwley and others join u5 as a iesult of relo¢aLing 10 CrawlEy. A5 a resuli we have s¢¢tt our rtgulor member numbers slowly growing again. This year has iIL¢ Start ol u5 making a ball aVlable hire in order (o hclp g¢neratc funds. This beeu workn.ng well wilh oHe client hiring the space lor 3 days a week on a consistent basis. This again has helped noi only financially bui also widi COmnity Connections. Towards ihe end ol th¢ financial yea¥, we rectived a very generous donatitsn which has not only allev&aied tht finaThcial pressure bul also meani thai we can do some ntcess8ry repair worL8 to the premis¢s. The church operates primarily. but not exclusively, in thc Crawley area and has an iniernatiotlal vision wilh partnerships forg¢d around the globe through our work with amd 5UPPOrt of New Covenant Mini5knes Jniernalional. Through thjs last y¢aT we hav¢ had the privilege of being abl¢ 10 SUPPDn the work both nationally and Cenual Asia. We also hosied an evelli for paLkncriTrg hurch leaders Crom across ihe UK, this ha5 a grea( s¢nse of encouragcTneni io th¢ church COTnmwiity a5 11 was something we had done on on anrtllal basis before Covid. The charity 55 COt)]ItLined io developing a SE¢llrc Chrisiian ellvironmeni for Christian and non-Chri5uans alike. To this end the charity will be Co-operating with other chariii¢5. and naiional gov¢rnm¢nL agencies and the ChrL5tian commwiity in Crawley in order to lacilitate our vision. We are looking fonvard io ihe year ah¢ad with opumism. Poge I
CHRISTCHURCH (WEST SUSSEX) TRUSTEES, REPORT (CONTL%'UED) FOR THE SEAR ENDED 31 MARCH2024 Financial resryeiv The church is dependent upon tbe voluntary support of the member5. N¢t outgoing resource5 for the year ended 31 Mar¢h 2024 totaled £5.299 (Net incoming resources 2023 - £30.787) as shown on page 4 of the account& It is the policy of th¢ charity thai unre5tricied funds which have not been deSEted for a specific use should be maintained at a l¢vel the tn]stees fecl are SU1¢Ient to cov¢r the n]nnincw costs of the charity for a TKriod of approximately 3 Tnonths. The trnstees consider that reserves at this level will ennre thaL Èn the evpnt of a SEgnifJtant drop iii JiiiuJning resource5, they will be ablc to charity's current activities whil¢ cott5idcNioD is giv¢n to ways in which additionat funds may be raise(L The tnjstees have assess¢d the major Tisks to whÈ¢h the charity is exposed. and are satisfied that systems are in place io mitigate exposure to the major risks. Structurej gDvernan¢e #nd tnanagemeDt The chartry was ¢stablished by a charitable trst d£¢d on I l Noveiijb 1998. The charity's objects are in aordance wtth the Mission Staternent. The tnjstees who served during the year and up to the date of sialle of the financial sratements were: J crd0rd G Herbert A Clark Indlldion alld trainin¥ of new truste Th¢ process we follow for trustee appointments is as follows. When it becomes Decessary tt> have addtuonal trustre5 or repla¢e trustecs a trustrc meeting is h¢ld where norninations are pu( fonvard and discussed. These are thcn further di5CU&sed by thc elders and broader leadership team. Followinv ihis the relevant individuavs are appYo¥hed by the chair of trus1 and Ven an outline of eXpectatioT and responsibilitie5 of a trnStee. The wTrtential tThstee is given a time Fwiod in which to respond. Ifthey choose to commit to b¢ino a tnLStee the curyeni trustets are infomi¢d and asked for their wrttten approval. Once the5¢ have bcen received it is noted in a trustee me¢ting and the chartty cojnmission is inf¢mncd. Jt should b¢ noted thai as part of the process of discussion of candidates and their apFK)inkncnt. the trustees do look at a number of criteria that we deem nccess3ry for a trn51ee to fitlfil. These are Tn line with ¢harity commission advisory notes but more importantly io us, are in line with the biblicat reqUIrt for l¢ader5hip in the chvrclL If there is any cause for concern the tndividual would noi be appotnte The trustees, repon was a roved by th¢ Board of TTUStee& ford Tstee Dat¢-. page 2
CHRISTCHURCH (WEST SUSSEX) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTCHURCH (WEST SUSSEX) I report to the m151ees on my cxaminaiion of the financial statemeTJts of Chri5tChur¢h (West Sussex} Ith¢ chariry} for the year ended 31 March 2024. Responsibllltie5 and basis of report As ihe INs(ees of the chariiy you ate responsible for the preparation of the fmancial sL&ements in accordance with Ihc r¢quir¢ments of the Charities Act 2011 (the 2011 Act). I report in rcspcci of my cxamination of the charity's financia] sleM¢nts carri¢d ou( under s¢ciion 145 of the 2011 Acl. In CLTrying out my examinatstsn I have followed all the applicable Direciions given by the Charity Comniission lllldeT section 145151{b) of the 2011 Act. Independent examintr's statement Your attentholl 15 drawn 10 ihe fact thar the chariry has prtpared flnancial >ementS in accordan¢¢ wilh Accouniinx artd Reporting by Charities preparing their accounis in aL¢uiddncc with the Fittanti21 Reporting Standard applicable in Ihe UK and Republic of Irelznd IFRS 1021 in preference to ihe Accounting and Reporting by Charillts. Statement irf RecollLm£nded Practice issued 00 l Apnl 200) whicb is referred LO ID the exLanL regulaiions but I now been wiihdrawn. l understand that this has been done in order for financial ateMents to provide a ttue and fair view in accordance with GeneTally Accepied AccOuntg PrdC(ice efftciive for reponing periods beginning on or after l January 201 S I have completed Ttly examlnaiion. I confirm LlJ411 170 martCTS have come 10 Tny atteThiion in connection with the exaulittation giving rn¢ cause 10 bel"Leve that in 3ny rnaierial re5cl.. accounting retord5 were not kept in respect of the charity as required b) section 130 of thc ?01 l A. or the fiDatL¢i&I sraiements do noi accord wiLh ihose records: or the financial siatEmet]ts do noi comply wilh the applicable requircments concerning the forni and cont¢ni of accounts sei oui in the Charities IAccouu¢S aDd Reponsl Regul105 2tK)8 other than any rtquir¢tDeni thai the accounrs gLVC a tnJ¢ and fair view which is noi a malter considered &s part ot an indepEndenl ¢xaminaLIOII. I have no conccrns and have come acr0&5 no ther ma(ters in conneetion wilh Ihe examination to which atienii(Trn should b¢ drawn in this r¢port in oidcr enable a proper understhnding of the financial ststrmen(S to be reaLh¢d. Darren Harding AFCCA DChA Richard Place Dtsbson Services LimiLed 1-7 Station Road Crdwley Wesi Sussex RHIO IHT Datrd: . page 3
CHRISTCHURCH (WEST SUSSEX) STATEMENT OF FINAINCIALACTIVITIES INCLUDINI G tNCOME AND EXPENDITURE Accouwr FOR THE YEAR ENDED 31 MARCH2024 UrestrICted Restricted nds funds 2024 2024 Total Utsrestricted funds 21123 Restricted fund5 2023 Total 2024 2023 Income fTOm- Dot]ations and gifts Activities tn fijrtherdnce of the eharity's objects Investments 102,680 635 103,315 125.668 126,668 11.455 11.455 Total income 114,136 035 114.771 125.668 1.0 126.668 enditure on: Charitable activities 119,368 702 120.070 94,948 933 95.881 Net (outgoing)fineoming resources before transfers (67) (5299) 3D.720 67 30,787 Net movement in fuDd5 (5,232) (67) (5,299) 30,720 67 30,787 Fund balances at l April 2023 37.887 67 37.954 7.167 7,167 Fund balance5 at 31 M2reh 2024 32.655 32.655 37.887 67 37.954 The stateEll¢Dt of fmancial activiiie5 includ&% all gains alld lo&s¢s recogllised in the yw. All income and expenditure duive from contitiuing a¢tiviti¢s.
CHRISTCHURCH (WEST SUSSEX) BALANCE SHEET ASAT31 MARCH2024 2024 2023 Note5 Fixed a55ets Tangible assets 6.071 4.553 Current asset5 Debtors Cash ai bank and in hand 12 1.310 30,868 1.934 33,297 32.178 Creditors: amouDt% falling due withiD ODe year 14.0761 13.348) 13 28.102 31.883 Net current assels Total Isseis les5 eurrent liabilities 32.655 37,954 Intome fund5 Resthcted lunds Unr¢stricied funds 14 67 37.887 32.655 32,655 37,954 The financ I statements werc approved by the TrLLsiees on .. Craord Trustee pagt 5
CHRISTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH2024 At<ollnting policies Charitv infomatioll Christchurch (West Su55ex) is a public benefii entity. Th¢ regisietrd office is Brewers HalL Brewer Roa4 Southgate, CrdwlEy, West Stsssex. RHIO 6BN. 1.1 Aecounting ¢onvention The financial statements have been prepared in accordance with the charity's tnLtt dee the ChaTities Act 2011 and "Accounting and Reporting by ChaTities: Ststement of Recommended Practice applicable to ciwities prepaTing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) leffectiv¢ l January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantsgc of the provisions ID the SORP for clEarities applyitig FRS 102 Updat¢ Butletin I not to prepare a Sratement of Cash Flows. The financial statements bave d¢part¢d from the Charities (Accounts aod Rep)rts) Regulations 2008 only to tbe extent requtred provide a trn¢ and fair view. This dcparture h&s involved followints the Statement of Recommended Practic¢ for ¢harities applying FRS 102 raiher than the version of the Statrment of Recommended Practice whTch is referred to in the Regulations but which b&s 5inc¢ been withdraw The financlal statements are Prepared in sterling. *thich ig the functroThal currcnry uf thr chariry. Mon¢tary amounts in tbese fanCIal Siatements are rounded to the neatest £. The financial sratements h#ve been Prepared under the historirAI cost convention. miKlified to in¢lude the revaluation of freehold properties and io include investsncnt properties and certain finall¢ial illStru]n¢nts at fair value. The principal accounting policies adop¢ed are set below. 1.2 Goirftg coneern At the time of approwng the finanaal sts(ement& the have a reasonable expectation that the chartty ha5 adequate r¢sources to continue in op¢rational exiscence for the forese¢able fuDJre. Thus the Lrnstres continue to adopt the going concem basis of accounting in preparintr the financial 5[aents. 13 Charitable funds Unrestricred funds are available for use at the disrtioD of thc trustets in fi]rtb¢ranc¢ of their charitable objectiv&s. Restricted funds subjeci to specific condition5 by donor5 as to how they may be useiL The purpos¢s and usts of th¢ restrickd lld5 are set out in the notes th th¢ financial staiements. 1.4 Income Income is recogni5ed when the charity is legally entitled to it af any pcrforniamce conditions have been mel the amollnts can be me15ured rcliably. and li is probable that income wÈll he received. Donations con51St of Tithes, general dOnlnS and gift aid rtteived. All income rs recognised in th¢ Statement of Financial Actiiities once th¢ chaTEty has entiticment to the funds. it is probable that &¢ income will be CeIVed and the amow]t can be measured reliably. pagc 6
CHRISTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 Accounting poli¢ies (Contlnued) 1.5 Expenditure Expenditure is recognised once there is a l¢gal or constnKtive obligation to transfer cconomic benefit to a tbird patty. Ll is probable that a ifdnsfer of economic benefit5 will be Tequired settlemeni and the amount of the obligation can b¢ measured reliably. Expendinwe is c11(1¢d by aclivity. The Cosls of each acliVLtv arc tna(k up of the total of direci C05LS and tsh.ed costs. including support costs involved in undenaking each aciiviry. Direct costs attr¢butable to a single activity are allocated dir¢ctly to ihat acitvity. Sbared costs wkn.ch contribute io more than one activiry alld suppon cosrs which are not actributable to a single aciivkty are apportioned beiween those a¢iivities on a basis consLS(eni with the us¢ of resources. Ceniral staff costs are allocatcd OD the bashs of time speni and depreciation charges ar¢ allocated on the portioiJ of th¢ asset's use. Liabilities are r¢cognised as expendL"nue zs soon &$ th¢re is a legal or CODstructive obligation commiillng the ctt8riry ro Ihat exp¢nditure. it is probable that a ifdnsfer of cconomic benefits whll be required in sciilenieni and lh¢ amouni of tlie obligation can be measuted reliably. Expcndilwc is accounied for on an aten15 basis and has be¢n classified under headings that aggregate all cost relaied to ihe caiegory. Where costs canno( be directly attribuied to particular headings they have beell allocaLed to activities on a basis CODsisLent with the w of resources. Charitghle gctivities Chatiiable activities represents the costs direcily aitriburable to cw out the charlble obJ¢LL&, Lii¥ludin8 SUPPOrt costs and costs relating to the governance of the charity. 1.6 Tangible fixed assets Tangible fixed ossets are initially tneasured at cost aud 5ubsequcndy Jne&wrcd at cost or valuation, net of depreciarion and any impairmeni Sosses. Tangible fixed assets are sthLed a¢ cosi less depreciation. Depr¢cialion is p¥ovided at tates calculated to writ¢ off ilJ¢ cost les5 esiilnaied residual value olea¢h asset over irs expected useful lite, as follows= Leasehold improvements Plant arld nuchin¢ry Strdighi line over l O yeaT5 25•/0 Reducit]g balan¢e The gain or loss arising the th"$wJsal of an asset 15 dderfflined as the difference between the sale procee(ts and the carrying value of the el and is recognised in the statemeni of fJn8ncial activities. 1.7 1mpairtDent of fixed assets Ai each reporting end date, the chariry reviews thc caTrying amounts of its tsngible assets 10 detemiine ivhether there is any indication that those assets have suffered an impaiTTneDi loss. If aY such indication exisis. Ihe Tecoverable aTnouni of Ihe assei 15 estimated in order io deienllithe the exteni of the impaimieDi loss (if any). 1.8 Cash #nd cash equii'2leot5 Cash at bank and cash in hand includes cash and short teThn highly liquid investments a shon rnaruiiry of rhree ollths or less from the datc of acquisitioll or nIng of the d¢posii or similar aecowil. 1.9 Financial instrnment$ Th¢ charitv has elected to apply the provisions of Section I I 'Basi¢ Financial Instruments. and Section 12 '0iher Financial Instruments Issues. of FRS 102 10 all of financial instrnment5. Financial insrnjrnents are r¢cognised in the charis balance shcci wh¢Th (he Lharity becom¢s party LO the colltra¢Lu&l provishons of the in5Men[. page 7
CHIUSTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢eouDting poli¢it5 (Continued) B4sicfinunciulli4bilthes CreditOT5 are recolSed where the Clwity has a pres¢nt OblitIOn r¢sulting from a past cvent thai will probably result in the trdnsfer of fvnd5 10 a third party ar]d the amount due to settle the obligdtion can be measured or e]rnated reliably. Cr¢ditors are nomially recogntsed ai their selllement amouni after allowing for any discoiints due. I.ID Taxatio As a charity. the otEanisation is not subject W corporation or taxes on incom¢ and gains arising from its chwitable acttviti¢5. .11 Employee benefits The c05t of any unus¢d holiday entitlunent is rccognised in the period in which the anployee's services are received. Temiination benefits are reCo.liSed immediately as an expense when the charity is d¢mon5trably cornmitted 10 t¢miinate the employment of an employee or to prowde iemiination benefits. Critical accouTrtlng estimates and jtydgements In the application of the charity's allntIng policie& th¢ trustees are rwuir¢d to make judgements. e*tiTntites and
sgtsmptions about the caryLT2g 1]VU[ of assets and liabilities (hat are not rei]Y apparent from other source5. Th¢
estimates and associated assumptions are based on historicat cxp¢rienc¢ attd other fac that are consider¢d to be tel¢vant. Actual resulL% may differ from th&%e ¢51[ma. The cstimates and underlTring a5surnprions aff revtewed on an ongoTng basis. Revisions to accounting estimates are recognis¢d in the pcrtod in whicb the estimate is revised wher¢ tbe revision aff¢cts only thai period, or ID the period of the r¢vision and future p¢riods where the revision affects both current and fu(ur¢ periods. Donations and gifts Unrestricted Restricted fllDds fndS Total Unrestricted nds Restsictcd funds Total 2024 2D24 2024 20?3 ?023 ?023 Donations and brifts TithES Gift aid 635 3.845 82.820 16.650 39.155 69.986 16,527 8?.820 16,650 1.000 40,155 69.986 16,527 102,680 035 103.3 15 125.6651 126.668 ActiTrities In furtberance of the cbaritV'5 objects Promoting nd teaching tbe Christian faith 2024 2023 RIM)m Hire 11.455 ptge 8
CHRISTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMEKfs ICONTINUED) FOR THE YEAR E]VDED 31 JK4RCH2024 Inve5trnents UDrestrheted fuDds Total 2024 2023 Intcresi Teceivable Charitable acttblties FrOOting Promotin •nd teaching and teac111 the Christian the Chrhstian faiih faith 2024 2023 52.936 1.518 ?41 2,449 6.737 742 567 13) 1,004 17.868 18.01% 6.563 21 6)8 1.410 600 53.215 1,829 228 1.279 3.281 803 748 177 1,678 2.043 16,963 3,801 47 427 285 145 Staff costs Depreciation and impairni¢nt Ra5 and waiu Insurance Light and heat Telephonp P05tag¢ and stationery AdveTtising Sundries Rtpairs and maintenancc Rent Gifts Ent¢rt&ining Caierin Ministry cosis Training resources 111.467 86.949 Shar¢ of support cosi$15ee ttote 7) Share of governance costs (se¢ noEe 7) 6.834 1.769 7.lio 1,782 120.070 9S,881 Analysis by fund Uniesiricted tunds R¢stricied lund5 119.368 702 94.948 933 120.070 95,881 pagc 9
CHIUSTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 51 MARCH 2024 Support costs Support costs Governanee COS(s 2024 Support Costs Governance 2023 Staff costs Bank charges Travclling C05LS 6,645 189 Q645 189 6.645 190 309 6,645 196 309 Accounlancy 1.769 .769 1.782 1.782 6.834 1.769 8.603 7.150 1.782 8.932 AnAlysed between Charitsbl¢ activities 6.834 1.769 8.603 7,150 1.782 8,932 Governance costs includes payment to the independent examiner of £1.680 (2023 - £1.620). Trn5tees tring the yearone tnLStee, James Crawfort was pwd £47,670 for p&storaI services (2023.. £47,950). In ordcr to fu]ly comply with BThi lical priDciple4 il is necc&sary for the Eldership team io be rcprescllted on the board of tNstces. Thi5 has been achicved without infrin4Tjlltr the requirement of the Charity Commission. However as the team consists of both husband and the wives of full time elders are paid a small salary for the Work thai they do. In addrlion because of the nare of the church. self-fimdino and non-denorninationai. it is necessary kn utilis¢ th¢ gilts of the comTnitted people aVlable. This has meant that the wiv¢5 of tnwee5 have been engaged on a part_time basis in an administrative capacity within the church office. All people who are paid by th¢ chaTity wfoTm a vatwble servÈce to the charity aTtd have a job specification which is available if requir¢d. No person r¢ceives payment because of his or her Fx)si¥ion as a tree or a5 a dcpendent or relative of a twstee. No other payments w¢re mad¢ to or for any trIee5 or persons Connectcd with them during this y¢ar. Employee5 The averdge monthly number of cmployees during the year was: 21124 Number 2023 Number Pasto] services Management and administration Total page 10
CHRISTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMEwfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 (Continued) Employees 2024 2023 Employment cosls 59,297 563 wag.es and salari¢s Sockal security COSIS 284 59.)81 59.860 Key Mxnagement PersoDnel One stsff Tnembers has been dttmed as key managemeni personnel. the iotsl b¢ncfiLb Ic}vCd by thèm ig £47.67(J Therc werc no employcts whos¢ annual remuneratlOD was more than £60.CW. 111 Txation Tbe ¢hariry is exempi Iroln on gains ftllling within sectinn 505 of tbe Taxes Act 1988 or secllon 25? of the Taxationof Chargeable Gains A¢1 1992 w the exitni that Ihese are appli¢d io lis ¢hariiable objects. Tangible red x59eis Le25etrLold ImproveThcDts Totsl mxtbiDe Cost Ai l April 2023 42.324 46.IJ05 88.3?9 42.3?4 46,005 88.329 At 31 March 2024 Deprecl%tion And impaiment At l April ?023 Depre¢iatiQTr charged in the ye3r 42.324 39.9.14 1.518 1,518 42.324 41.452 3,776 At 31 March ?024 Carrying arnot Ai 31 March 2024 4.553 4.5)3 6.071 6,071 At 31 March 2023 Debtors 2024 2023 Amounts flling due wiihin one year- 734 i76 1,403 531 Other debioTS Prepaymenrs and a¢cnJed income 1.310 1,934 page 11
CHIUSTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARC112024 13 Creditors". amonts fallittg dve within one year 2024 2023 Trade crcditors AccnJaIs alld deferred iti¢ome 565 2.783 4.076 3.348 14 Restricted funds The income funds of the charity include restriaed fimds comprising thp. following unpend¢d balanG¢i ufdonauons aT]d Ilb held on Trust for spectfic PUTpose5: Movement in fvnds In¢omino Rtsourc¥ Movement in ndS Intoming l Apnl 2023 Rtsotyrces expend 31 Mar¢h 2024 Worship Fund Building fiind (Icrf)) (833) 900 67 635 (702) 1933) 67 635 (702) The Worship fulld consists of donations wbich are to be used spccificauy for worship team purchases stsch AS supplies and ingtnirnents. The Building fund rep$¢ donions received towards the upk¢ep of the buitdin& 15 Anatysis of net 4Ss¢ts between Unrtstricted Restricted futtds ds 21124 2024 Totst Unrestri¢ted nds 2023 Restricted funds 2023 Totsl 2024 2023 Fund banCeS at 31 March ?024 are represented by: Tangible assets Current asseL&l{liabilÉties) 4.553 28.102 4,553 28.102 6.071 31.816 6.071 31.653 67 37.887 67 37.954
CHRISTCHURCH (WEST SUSSEX) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 16 Operating legse commitmtnts Ai the repolling end dxie ¢h¢ cbority l)ad ouistsllding commiuDEnts for future tuinimum leas¢ payments under non- cellable operating leas¢s. which fall due &$ follows= 21124 2023 648 Within one y¢ar 17 Related party tr*Dsactiolls There were no dilOsable related party tranwtiODS during tbe year12023 - non¢l. page 13