Registered Charity Number: 1075391 Cornpany number: 03586366 CHC Evangelism Trust ANNUAL REPORT AND UNAUDtfED FINANCIAL sfATEMENTS For the year ended 31 March 2024
CHC EYay&lism Trust Legal and administratNe information Trustees. annual report Independent examinerfs report ststement of financlal artivities Balance sheet Notes to the accounts 8-12
CHC Evangelism Tn Legal and administrative inforniatlon for the year ended 31 March 2024 Andrew Bradley Kate Fehler Alison Bradley Matthew Blake David Butt Mary Butt Mary-Rose Brennan Simon Brennan Chair Treasurer Company Setretary Alison Bradley Charfty number 1075391 Company number 03586366 Rhiw Afon Rhoslan Criccieth Gwynedd LL52 ONR Seven Hllls Accountants Llmlted 57 Burton Street Sheffield S6 2HH
CHC Evangelism Tn T. annual report For the year ended 31 March 2024 The TTheeS are pleased to present their annual director< report together with tr financial statements of the charity for the year ending 31 March 2024 which are also ppad to meet the requirements for a directorf rewt and accounts for Companies Act purposes. The financlal statements compty with the Charities Act 2011, the Companies Act 21NJ6, the Memorandum and Artides of Associatlon, and the Charities Statement of Recommended Practice lapplicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland; FRS 102) issued in October 2019. Strurturei 8overnance and management CHC Evangelism Trust (CHCET) is a charitable company Ilmlted by guarantee and govemed by Its Memorandum and Articles of Association incorporated on 24 June 1998 amended by special resolution in August 2(XJ9 and registered as a charity on 7 May 1999. Trustees are appointed as requlred at the annual general meeting. Each member of the charity undertakes to contribute an amount not exceeding £10 rf the charity is wound up. The objectives of the charlty are: To advance the Christian fdith in accordance with the statement of beliefs appearing in the schedule hereto in Criccieth and the surrounding area and elsewhere in the United Kingdom or the world as the dirertors of the charty (herein called Ihe Trustees") may from time to tlme think fft. To promote and fulfil such other charltable purposes beneficlal to the community in the sald county and in Crlccieth and the surrounding area and elsewhere in the world as the Trustees may from time to time think fit. The principal actlvity of the Trust Is to advance the Chrlstlan falth particularly through the provision of youth and community actlvftSes and the provlslon of accommodation In Criccieth. North Wales. These activtties are carried out by volunteers. In shaping our activities for the year and planning our activities. the Trustees have considered the Charity Commission's guidance on public benefit. induding the guidance 'public benefft: running a charity {PB2Y, and, in particular. the specific guidance on charities for the advancement of religion. The main artivity of the Trust is to support the work of the Criccieth Holiday Club which has been taking pla for a fortnight in August each year for over a century. There is a focus on teaching the Bible to children. youn8 people and adults through age-3ppropriate activities and family events. In the mornings. age groups meet for different activities including drama. storytellin& singin& craft and Bible study. In the aftemoons. activities include games on the beach. tide fights. challenges. and afternoon teas for the adults. with a Bible thought to round things off. During the fortnight there are Beach Specials and evening famity events such as a family craft night. film nights. open mic night and treasure hunts. The team includes students. young adults. and experienced team members, many having come as thildren themselves. Many members of the team return year after year and the mission works closety with the local churthes to see holiday makers and locals experlence Jesus for themselves.
CHC Evangelism Trust Trustees. annual report For the year ended 31 March 2024 Athievemeits & Perforrnan (contlnued) The Holiday Club fortnight in August 2023 finally felt like a retum to a prfrpandemic programme, with a full team and the return of Bible prodamation on the beach through lunchtime Beach Specials and Afternoon Antics Bible thoughts. Thanks to a generous donation to the Trust. the younger age groups were able to use the Memorial Hall again and did not face the thallenges of working outside as in the previous two years. Publidty was improved. and when a cook was not avallable for the first week, members of Criccieth Famity Church stepped up to provide evening meals for the team as well as the daily packed lunches. Average attendance at the events each day was over 80 and a good proportion of those attending were from non-church backgrounds. Booklngs for the Neptune hotel remained at pre-pandemlc levels and the planned complete re-roof of the building was completed in July 2023 at a cost of £62.646, along wlth repairing and repainting the front elevation. Flnancial Review and Reserves Poky The Statent of FinancFal Activities shows the financial results of the Trust for the year and the Balan Sheet shows the net assets of the Tnist at £116,278. The position shown by both reports Is very satisfactory. The Trustees have agreed that free reserves should be maintained at £15,(X)O. considered a level sufficient to cover regular expenditure for one year. Free reserves as at 31 March 2024 Igeneral fvnds, excluding fixed assets) were £47,64312023: £54,243). Plans for Future Perlods August 2024 saw a further full fortnight of Criccieth Holiday aub events. with all age group5 looklng at Marvs gospel account under the theme of -jesus the Superhero.. Bible proclamation on the beach continued with twice weekty Beach Specials and Aftemoon Antics taking place most days. Many local children attended and a number of new volunteers joined the team for the first time. Llnks with Criccieth Family Church continue to be strengther*d in partnership with their new pastor Ray Forrest, and a half-termly thildren's Saturday Club run by the churth is establishing links with local families. Now that the re-wiring and re-roofing of the Neptune has been completed. plans for redecofiitlng and refumishing the bedrooms can move foard. The Trustees consider that the Trust will be able to contlnue meeting its charitable objecte$ and can continue as a EoinE concern for a further 12 monthsfrom when the financial statements are approved.
CHC EVaell$M Trust Trustees. anmial report the year ended 31 March 2024 Trustee< responsibilities in relalion to the finandal statements The charity trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing a Trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice). The report and accounts have been wepared in accordance with the provisions In the Companies Act 2006 relating to small companies. Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the tharitable company and the group and of the incoming resources and application of reSoUrs, including the Income and expenditure. of the charitsble group for that period. In preparing the financial statements. the trustees are required to: Select suitable accounting policies and then apply them consistentlv; Observe the methods and principles in the Charities SORP; Make judgements and estimates that are reasonable and prndent: State thether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements; and Prepare the financial statements on the golng concern basls unless ft Is Inappropriate to presume that the charty will contlnue in busines The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial positlon of the charity and to enable them to ensure that the finandal statements comply wlth the Companies Art 2006. They are also responslble for safeguardlng the assets of the charlty and the group and hence tskin8 reasonable steps for the preventlon and detertlon of fraud and other leBUIaTItle$. The trustees are responsible forthe maintenance and integrityof the charity and financial information included on the charitrfs website in accordance with legislation in the United Kingdom goveming the preparation and dissemination of financial statements. Small company wovtslons This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2(X)6. Approved by the Board ofTrustees on l OL+DbcC 20 z and signed on its behalf bv: Signature: Print name: kAf& F&ILEQ *f£eASL)ec(I Position:
Independert examinerfs report to the trustees of CHC EvaDg*m Tntst {fthe Companv) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 Marth 2024. Responslbdlties al bags of report As the charitrfs trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 21x16 ACY). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2LN)6 Act and are eligible for independent &Yamination. I report in respect of my examination of your charitys accourrts as carried out under section 145 of the Charities Act 2011 ('the 2011 ACV). In carrylng out my examlnation I have followed the Directlons glven by the Charlty Commisslon under section 145(5) (b) of the 2011 Act. Independent examlnerfs statement I have completed my examlnatlon. I confirni that no matters have come to my attention in connettion wlth the examination giving me cause to believe: accounting records were not kept in respect of the Company as requlred by section 386 of the 2(X16 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 21M)6 Act other than any requlrement that the accounts give a 'true and falr vlew which is not a matter considered as part of an independent examinatlon. or 4. the accounts have not been prepared In accordan with the methods and prlnciples of the Statement of Recommended Practice for accountin8 and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connection with the examination to whith attentlon should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Signed: Susan Cochrane. FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH Date: 131iilQOI
CHC Ewdngelism Tnist Statement of financial actie$ lincorporating the income and expenditure account) For the year ended 31 March 2024 TO Unrestricted Restricted 2024 funds funds Total 21r23 fun& funds Grants & donations 5390 8,434 4,275 425 ChaTitsble aciivitie5 6,023 6.023 1,551 1.551 Investments 11.863 li63 17,068 17,068 23276 26320 22 23319 Expendlture on: Charttsble actlvltles 79.887 81,731 17,213 425 17,638 Grants payable .731 17.213 425 17.638 Net Income/lexpen(kn) IS611) 155AIII S.681 5.681 Not movement In fund5 Total funds W forward IS611) 171,689 155AIII 171.689 5,681 166,(M)8 5,681 166,(W)8 Total ld$ carrfed forwwd I.078 1200 171,689 171.689
CHC Evangel Tftt Balan Sheet As at 31 March 2024 Totsl Total 2023 67.435 67.435 Debtors Cash at bank and in hand 5.556 3.374 44,426 101.389 49.982 104763 Creditors: anmwnts falling due within one year 11.139) 1509) Net current assets 48,843 104.254 Totsl assets less current Uablulles 116278 171.689 Credltors: amunts falllng due after more than one year Totsl net assets 116278 171.689 Fund5 of the Charlty General funds Desl8nated funds Unrestricted funds Restrlcted funds 115.078 121,678 50,011 171,689 115.078 1.2Th) I378 li li 171. For the year ered 31 March 2024 the company was entitled to exempticn from audlt under section 477 of the Companles Art 21M16 rdatin8 to small companles. The members have not required the company to obtsin an audit in accordance with sectlon 476 of the Companies Att 21KI6. The directo¢s acknowled8e their responsibillties for cornptying with the requirements of the Act wlth respect to accountln8 records and for the preparatlon of accounts. These accounts have been wepared In accordan wlth the pn)vlslons appllcable to companies subject to small companle5' regime. bythe Board of Trustees on Ilt OL¥ )Dl%nd slgned on behalf of the board by: Print name: ¥aTi peH LEQ Positlon: *f£ÉA5oeÉ
CHC Evangthm Trust For the year ended 31 Marth 2024 l A£countln8 Pol¢les la) General CHC Evangelism Trust Is a dwrftable company in the United Klngdom limited by guarantee. In the event thatthe charoty is wound up, the liability in respect of the 8uarantee is Ilmited to £10 per member of the charity. The address of the re8iStered office ts 81ven In the drfty Inf(ThiatI on page l of these financial ststements. The Ilnandal statements have been prepared In accordance with the Statement of Recommended Practi. Accountlng and Reportln8 ty Charltles preparfng their acwjnts In accordan the Flnandal Reportln8 Standard applicable in the UK and Republic of Ireland (FRS 1021 (second edition). the Finandal Reporting Standard appllcable in the United Klngdom and Republlc of Ireland {FRS102) and with Charftles kt 201L The flnanclal ststements have taken advantsge of the exemption to prepare Statement of Cash Flow5. CHC Evangelism Trust meets the definition of a pvblic benefit entity under FRS 102. The financial statements are prepared under the historical cost convention. The financlal ststements are presented In sterllng whith is the functlonal cUencY of the tharlty and are rounded to the nearest £. Income is fecognised when the or8antsatlon has entttlement to the fund& any perfomiance cond511ors attathed to the item{s) of income have been meL it Is probable that the Income wlll be recelved and the amount can be measured rellabty. lrt(xne tax recoverable on gift aided donations Is wovlded for In the year of the donatlon. Icl Expendknre and Irrefovernble VAT Expenditure is reco8nised once there is a legal or construct5ve obligation to make a payment to a third party, It 15 probable that settlement wll be requlred and the amount of the obligation can be measured rellably. Irrecoverable VAT Is charged 35 a cost agalnstthe actbffti for whith the expendlture was incurred. Idl Grants payable Grants payable are ac¢ounted for at the earllerof vthen they are paid or become constfuctfve obll8atlor le) Twqlbl¢ fixed assets xed assets acquired for use by the charlty are capltallsed and depreciated over their estifflated useful Ilfe unless they are of low value when they are written off on pUrdse. Depredatlon Ss provlded at rates calculated to write off the cost less estlmated residual value of eath asset (wer its expected seful Ilfe, as foll¢)ws: Flxiures, ffttIn & equlpment". Freehold bulldlngs: and Leasehold proixity IO% to 25% straight line It Is the pollcy of the tharlty to maintsin prapertle5 to such a stsndard that thelr value is not Impaired by the passage of time. The resldual Ydlue is similar to It's initial cost therefore depreciatlon would be Immaterfal. An Impalrment reth ts carrfed aut annually freehold buildings and leasehold properties. The property is held for tth opeTrtional use. to provide accommodation for the team duringthe Hoiiday aub, and for Inveslment purposes to generate an Incometo coverthe costs of runnlng and malntalnlr6 the propertypar rad. The trustees conslder that the fair Ydlue of the Investrnent property component cannrt be measured reliably without undue (ost or effort. therefore the entire properties are accounted f(Y as propertywithln taTrglble fixed assets. Income 8eneTrted from properties has been Categori as elther income fr(Kn thaTitabk activtties. or Investm income. accordin81y.
CHC Eydngelism Trust Notes to the accounts. continued For the year ended 31 Marth 2024 Cash and cash equiwdlents comprise cash on hand ond (all deposits. and other 5h(wt-terni highly liquid in¥e5tments that e reathly cmertible to a known amount of cash and are sublect to an lThstgnificant risk Of(hade in value. Ih) Stork st is Induded at the lowerof cost or net liSable value. (IJ Trdde delknrs Trade debtors are amounts due from customers for senAces perfmd in the ordinary course tMJslne5& Trade debtor5 are recognised initially at the trar&irtion price. They are subsequently ffleasured at amortised cost using the effective interest method. less provision for Impairment. A provision for the impairment of trade debtors ts estsblished when there is objective evldence that the cpanY will not be able to collert all amnts due accordin8 to the orlglnal terms of the r1vableS. TTrde creditors are obligatlons to pay for d$ or services that have been acqulred In the ordlnary course of buslness from suppliers. Accounts payable are classified as current liabilltles rfthe charity does not have an W0ndonal righL at the end of the reportinE period, to defer settlement of the creditor fix at least twel¥T months after the PortIng dote. If there is an unconditional right to defer settlement for at least twelve months after the reportlng date. they afe presented as noTrcurrent Ilabllltles. Trade treditors are reco8nlsed initlally at the trdnsaction prlce and subsequerrtly measured at amortlsed c<)st Un8 the effective Interest method. Fwbds Unrestrlcted funds are donatlons and other Income recelwdble or 8erwated for the object5 of the ¢x8anlsatlon wkthout further spe¢ffied purpose and are availatrAe as general fvnds. Reseted funds are to be used for specific purposes as lald down lrythe funder. lfj Taxatlon a tharlty. the or8anlsatlon Is exempt from tax on Income and 8alns fallln8 Withln the avallable tax exemptlDns to the extent that these are applled to charitsble objects. No tsx tharge5 have arlsen in the tharlty. Iml Gdfft8 Concern The financlal sL7tements have been prepared a going concem basis as the trustees have a reasonaNe expectstion that the tharlty has adequate resources to CltInUe In operatlonal exlsteno for the foreseeable future. Unresiwlcted Restricted Fund5 Funds Tolal Unrestricted Restricted 2024 Funds Funds Totsl 2023 Gifts and donatiw Tax recoverable under 8ift aid 4.235 1.155 2,574 470 3h20 395 30 3.815 1.625 47
CHC Evangelsm Tnist P4otes to the accounts. conknued Forthe year ended 31 March 2024 6 Tansthle Flxed Assets Freehold and leasehold Furnlture & fiitings Total Cost orvakmllon At l Aprll 2023 112,781 511 U&292 At 31 Mar¢h 2024 112,781 15511 IU292 Dewe¢iallon At l Aprll 2023 456 11 60.857 At 31 March 2024 45346 15.511 60.857 Net B¢x Value At 31 Mar¢h 2024 67h35 67h35 At 31 March 2023 67.435 67.435 7 Debtors 2023 Gfft ald recoverdble Prepayments 1,625 3.931 885 2,489 56 3374 8 Credltors: tr1 d¢1 one 2023 Other creditors Accrnals 859 1.139 Bro¥ht Income Expendlture Tralthvs forward Neptune repalrs and Improvement fund 50.011 (50,011) So.1 PrIor comporotib Brought Income ExpendItU Tronsfrrs fvwunl Neptune repoits and improvementfvnd Funds designated for the repalrs and Improvement of the Nepne hotel. The transfer contributes towards the nM)f replacement wwks th were caTTied out in the year.
CHC Evangelism Trust Notes to the accounts. continued For the year ended 31 March 2024 frnThl Income Expabdiiure Transfers forward Holiday club Neptune repays and Improvement 1.364 11.364) 1,2(Kl Pnoryeorcomporotive Brought Corried Income Expenditure Tran5Ye Aonvord Holidoydub 425 1425) 425 Hohthy dub Donatlons madè to support the work of the SU Criccleth aub. Neptune repalrs and Improvement Swific donattons towards the Nept repairs 11 Analy* ofnet assets betvmn funth Totsl Funds Funds Funds Tanglble fixed assets Nèt current assets 67A35 47.643 67.435 48,843 L200 115 078 116 278 Anolysts of net055ets betweenfvnds. wior>Tar Geneml Designoted Restricted Funds Funds Fund5 rotal Tangiblefvedassets 67.435 67,435 104.254 50.011 121678 No remuneration or expenses were pald to Trustee durfng the year {2023: £Thil}. Andrew and Aliwns Bradley's son¥ company. Ninefootone Creative, looks afterthe website. The companyvr4s pald E70 durl the year {2023: £82). Donations give by tntstees and their dose famllles totalled £2,920 durfng the yeari &Ven wlthoLrt any restrictlons12023: £2.160). Restrltted donations giv by trustees and thelr close famllies totslled £nil during the year12023: £nl). There were no further related partytransactions during the year.