## **CATCH THE FIRE BOURNEMOUTH** ## **FINANCIAL STATEMENTS** ## **FOR** ## **29 AUGUST 2024** **Company Number 3749298 Charity Number 1075585** ## **FINANSURE LIMITED** 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF ## **CATCH THE FIRE BOURNEMOUTH** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** |**CONTENTS**|**PAGES**| |---|---| |Charity information|**1**| |Trustees’ annual report|**2 to 7**| |Independent examiner’s report|**8**| |Statement of financial activities|**9**| |Balance sheet|**10**| |Notes to the financial statements|**12 to 18**| **Page 1** ## **CATCH THE FIRE BOURNEMOUTH** ## **CHARITY INFORMATION** |**The board of trustees**|David Andrew Richards| |---|---| ||Anne Elizabeth Bellingan| ||Christopher John Bird| ||Dawn Elizabeth Herbert| ||Philip Arthur Hunt| |**Company secretary**|David Andrew Richards| |**Registered office**|Everdene House| ||Deansleigh Road| ||Bournemouth| ||BH7 7DU| |**Independent Examiner**|Luke HowsonMAAT| ||Finansure Limited| ||2 Sheppard Street| ||Brymbo| ||Wrexham| ||LL11 5FF| |**Bankers**|Lloyds Bank plc| ||Gillingham| ||Dorset| ||BX1 1LT| **Page 2** ## **CATCH THE FIRE BOURNEMOUTH** ## **TRUSTEES’ ANNUAL REPORT** ## **YEAR ENDED 29 AUGUST 2024** The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 29 August 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities (effective 1 January 2019)” (FRS 102) in preparing the annual report and financial statements of the charity. ## **Charity Structure, Governance and Management** The charity is a company limited by guarantee, incorporated on 8 April 1999, governed by its Memorandum and Articles of Association (last updated 28 February 2003.) Catch The Fire Bournemouth is a member of Catch The Fire Ministries – a fellowship of pastors, churches and ministries who share common foundational beliefs, values and goals. Catch The Fire offers mutual relationship, accountability and practical support. ## **Trustees and Leadership** The trustees (who are also the directors) during the year were David Richards, Anne Bellingan, Christopher Bird, Dawn Herbert and Philip Hunt. They determine the general policy of the charity. New trustees are appointed by the board of trustees in accordance with the Articles of Association. Day to day management and development is delegated to the leadership team. The leadership team determines the spiritual direction and activities. ## **Risk Management** The Trustees have directed that the major risks to the company should be considered. The Trustees believe that adequate safeguards have been put in place to mitigate the risks to acceptable levels in the charity’s day to day operations. ## **OBJECTIVES, ORGANISATION AND ACTIVITIES** The purposes of the charity, as stated in its Articles of Association, are: 1. The furtherance of religious or secular public education. 2. The advancement of the Christian faith, including missionary activities. 3. To gather people of the Christian faith through evangelism, healing and worship. 4. The relief of the poor and needy. 5. The relief of the sick and elderly. Catch The Fire Bournemouth aims to create an environment where we can learn to know God and make Him known. It seeks to be a beginning for anybody who is interested in exploring this aim, whether it is for the first time or in a fresh way. **Page 3** ## **CATCH THE FIRE BOURNEMOUTH** ## **TRUSTEES’ ANNUAL REPORT** _**(CONTINUED)**_ ## **YEAR ENDED 29 AUGUST 2024** Catch The Fire Bournemouth adopts the core values of Catch The Fire Ministries, which are known as the fire values: - **F** Father’s love revealed through Jesus Christ **I** Intimacy, presence & hearing God’s voice **R** Restoration of the heart/soul **E** Extending the Kingdom through the equipping, empowering and anointing of the Holy Spirit The activities adopted to further the purposes of the charity are: - Conducting meetings - Organising activities and groups - Working closely with other Christian organisations. ## **Public Benefit** The charity has given due regard to public benefit when planning activities, in accordance with Section G2 and G3 of the Charity Commission’s General guidance on Public Benefit (January 2008.) The paragraphs above and below set out the charity’s activities, achievements and performance during the year, which are directly related to the objects and purposes for which the charity exists. The aims of the charity are fully compliant with Principles 1 and 2 of the Charity Commission Principles of Public Benefit. ## **FINANCIAL REVIEW** The statement of financial activities is set out on page 8 of the financial statements. A summary of the financial results is set out below: ## **Financial review** Total income for the year was £321,295 (2023 - £271,728). The main sources of ongoing income are donations received £261,662 (2023 - £219,844) along with income tax recoverable £37,738 (2023 - £42,386). Total expenditure for the year was £193,887 (2023 - £109,600), leaving a surplus of £127,408 (2023 – £162,128) for the year. More details can be seen in the Activities section below. The trustees assess that reserves are at a satisfactory level. At 29 August 2024 the charity held unrestricted reserves totalling £593,620 (2023 - £496,212). **Page 4** # **CATCH THE FIRE BOURNEMOUTH** **TRUSTEES’ ANNUAL REPORT** _**(CONTINUED)**_ ## **YEAR ENDED 29 AUGUST 2024** ## **REVIEW OF ACTIVITIES AND ACHIEVEMENTS** Over the course of the last year, Catch The Fire Bournemouth has carried out a multitude of events, courses, services and gatherings that coincide with its vision to **blaze with the wildfire of the Holy Spirit and to extend the Kingdom to Bournemouth and Beyond** , and its mission to **Grow Big, Healthy** and **Passionate** People. The following report is an overview of these events and gatherings along with plans going forward into 2025. ## **Highlights of activities in 2023-24** ## 1. Sunday Gatherings This year marked a significant milestone as we moved into our new building in February 2024. Since then, our weekly Sunday services have continued in-person and have seen steady growth, with a number of visitors attending and new members joining our community. We’ve also seen exciting development in our children's and youth ministries. _Firestarters_ , our children’s church, meets weekly during the service in the meeting room, while _Wildfire_ , our youth group, continued to meet once a month in Southbourne. Every six weeks, we host a _Newcomers Gathering_ . This is a time to welcome new faces, share the story of Catch The Fire Bournemouth (CTFB) via a presentation, help them find their place in our church family and take questions. This year, we were blessed to host several guest speakers including Paul Manwaring, Jeremy Carruthers from Far Flung Tin Can, Nigel & Louise Reid, John and Carol Arnott and Arleen Westerhof, who each brought timely words and encouragement to our community. ## 2. Midweek Life Midweek life at CTFB has continued to develop. Our six _Hubs_ meet across Bournemouth, Christchurch, Poole, and Southampton—creating space for fellowship, discipleship, and prayer throughout the week. These are led by Hub leaders. One of our groups _Puds and Ponderings_ (led by Mark and Abi Reid) is specifically for Student and Young Adult demographic. The Throop Hub run by the Clarkestones and the Totton group run by the Sumners has a specific goal to grow and multiply into other groups within a shorter span of time. This has some success so far as _Jesus Bike_ (a ministry of evangelism to the homeless) has started through members of this group along with Ian and Maggy Simonôt who have invested heavily in the ministry of caring for the church building. Worship and intercession have remained at the heart of our rhythms. The _JAM Night_ continues fortnightly, giving our worship team space for practice and development. Morning prayer runs Monday to Thursday from 6:30–7:00am via Zoom with a faithful group of 6–12 participants. Our weekly **Page 5** ## **CATCH THE FIRE BOURNEMOUTH** ## **TRUSTEES’ ANNUAL REPORT** _**(CONTINUED)**_ ## **YEAR ENDED 29 AUGUST 2024** intercessory gathering, _Furnace_ , meets Thursdays at 7:30pm and remains a key space for corporate prayer. Our _Prayer Walks_ also have a regular rhythm on a Tuesday afternoon. This year also saw the launch of _Prophetic Pods_ through Adele’s prophetic training stream— giving people space to grow and activate prophetic gifts in community. ## 3. Courses & Conferences In November 2023, we ran our _LOVED Course_ , designed to immerse people in the love of the Father. Across four sessions, we explored: - Father Types - The Orphan Spirit - Prodigal or Eldest Son - The Nurturing Heart of God 64 people registered, with free tickets offered to CTFB members and £10 tickets available for guests. In early 2024, Nigel Reid led a 3-part Bible study series over Zoom unpacking the Kingdom of God with the sessions titled _Kingdom Come_ , _Kingdom Now_ , and _Kingdom Not Yet_ . 55 people joined across the three evenings. February also brought our _Prophetic Conference_ with Isabel Skúlason—our first major event in the new building. We had 168 people attend on Friday and 179 on Saturday. Tickets were priced between £15–£20 and feedback was overwhelmingly positive. A significant highlight was our _TEN Conference_ in September, celebrating CTFB’s 10-year anniversary. We were honoured to host John & Carol Arnott, with 196 people attending across the two days and 133 joining our worship night with Steve Tebb. In 2024, we re-envisioned and relaunched _Prophetic Bootcamps_ —intensive training sessions led by Adele and the CTFB prophetic team, focused on activating and exercising spiritual senses. ## 4. Socials & One-Off Gatherings Community life has been vibrant this year with a range of men’s and women’s socials, including a joyful volunteer _Ceilidh_ . Other gatherings included: - _Wider Leaders Meetings_ to invest in our leadership community - _Adele’s Prophetic Zoom_ connecting CTFB’s company of prophets **Page 6** ## **CATCH THE FIRE BOURNEMOUTH** ## **TRUSTEES’ ANNUAL REPORT** _**(CONTINUED)**_ **YEAR ENDED 29 AUGUST 2024** - _Ministry Team Training_ - _Women’s Christmas Craft Day_ - _Safeguarding Training_ - _BCP Pastors Breakfast_ - _CTFB AGM_ held on 28th February 2024 ## **Plans for future periods** As we look ahead to 2025 and beyond, our focus remains on cultivating an environment where people encounter God, are equipped in their calling, and released into Kingdom impact. Planned initiatives and areas of growth include: - Worship Nights: Launching regular Altar worship nights to create extended spaces for encounter. These will happen 3 times a year gathering worshippers from across the BCP region. - Alpha Course: Preparing to run our first Alpha Course to reach those exploring faith. - LOVED Course Relaunch: Re-running the LOVED Course to continue deepening our understanding of the Father’s love. - Continued Prophetic Training: Ongoing investment in the prophetic community through training, activations, and gatherings. - Community Outreach: Exploring fresh ways to engage the city and bless the wider community. ## **Investment policy** The charity makes investments as it sees fit. The strategy for investments is generally one of low risk. ## **Reserves policy** The current level of the charity’s reserves is detailed in notes 10 and 11 of the financial statements. The total level of unrestricted reserves is £593,620 (2023 - £496,212). The Trustees believe that the assets are sufficient to meet the charity’s obligations. At this level the Trustees feel they would be able to continue the current activities of the charity for a minimum of twelve months in the event of a significant fall in funding. **Page 7** ## **CATCH THE FIRE BOURNEMOUTH** ## **TRUSTEES’ ANNUAL REPORT** _**(CONTINUED)**_ ## **YEAR ENDED 29 AUGUST 2024** ## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES** Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that year. In preparing those financial statements the trustees are required to: - a) select suitable accounting policies and apply them consistently; - b) make judgments and estimates that are reasonable and prudent; - c) state whether the policies adopted are in accordance with the Statement of Recommended Practice, “Accounting and Reporting by Charities (effective 1[st] January 2019)” and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; - d) prepare the financial statements on the going concern basis unless it is inappropriate to assume the charity will continue operating. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. This report was approved by the trustees on ………………………………………. and is 29th April 2025 signed on their behalf by: ………………………………………. Mr D Richards (Trustee) **Page 8** ## **CATCH THE FIRE BOURNEMOUTH** ## **REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS** We report on the financial statements for the year ended 29[th] August 2024 set out on pages 9 to 18. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) or under Part 16 of the Companies Act 2006 (the Companies Act) and that an independent examination is needed. - It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, I have reasonable cause to believe that- - (1) in all material respects the requirements: - to keep accounting records in accordance with section 386 of the Companies Act; and - to prepare accounts in accordance with the accounting requirements of section 396 of the Companies Act and with the methods and principles of the SORP; have been met; and - (2) there are no material matters to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ………………………………….. - Luke Howson MAAT Finansure Limited, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF Date: …………………………………….. 30th April 2025 **Page 9** ## **CATCH THE FIRE BOURNEMOUTH** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 29 AUGUST 2024** |||Unrestricted|Restricted|**Totals**|Totals| |---|---|---|---|---|---| |||Funds|Funds|**2024**|2023| ||**Note**|£|£|**£**|£| |**INCOME FROM**|||||| |Donations|**2**|173,491|125,909|**299,400**|262,229| |Charitable activities|**3**|21,888|-|**21,888**|3,710| |Investments|**4**|7|-|**7**|5,788| |||───|───|───|───| |**TOTAL INCOMING RESOURCES**||195,386|125,909|**321,295**|271,728| |||───|───|───|───| |**RESOURCES EXPENDED**|||||| |Charitable activities|**5**|190,671|3,216|**193,887**|104,819| |Other costs||-|-|-|4,781| |||───|───|───|───| |**TOTAL RESOURCES EXPENDED**||190,671|3,216|**193,887**|109,600| |||───|───|───|───| |**NET INCOME / (EXPENDITURE)**|||||| |**FOR THE YEAR**||4,715|122,693|**127,408**|162,128| |Transfers between funds||(122,693)|(122,693)|-|-| |||───|───|───|───| |Net movement in funds||127,408|-|**127,408**|162,128| |Balances brought forward||496,212|-|**496,212**|334,084| |||───|───|───|───| |Balances carried forward||623,620|-|**623,620**|496,212| |||───|───|───|───| The charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the charity are classed as continuing. **The notes on pages 12 to 18 form part of these financial statements.** **Page 10** ## **CATCH THE FIRE BOURNEMOUTH** ## **BALANCE SHEET** ## **29 AUGUST 2024** ||**Note**|**2024**|2023| |---|---|---|---| |||**£**|£| |**FIXED ASSETS**|||| |Tangible assets|**11**|**853,029**|475,806| |||**───**|**───**| |**CURRENT ASSETS**|||| |Debtors|**12**|**6,234**|9,279| |Cash at bank and in hand||**61,803**|110,549| |||───|───| |||**68,037**|119,828| |**CREDITORS:**Amounts falling|||| |due within one year|**13**|**(4,379)**|(4,422)| |||───|───| |**NET CURRENT ASSETS**||**63,658**|115,406| |||───|───| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**916,687**|591,212| |**CREDITORS:**Amounts falling|||| |due after more than one year|**14**|**(293,067)**|(95,000)| |||───|───| |**NET ASSETS**|**15**|**623,620**|496,212| |||───|───| |**FUNDS**|||| |General funds|**16**|**593,620**|496,212| |Designated fund|**16**|**30,000**|-| |||───|───| |**TOTAL FUNDS**||**623,620**|496,212| |||───|───| The trustees are satisfied that the charity is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the accounts for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act. The trustees acknowledge their responsibility for: - (i) complying with the requirements of the Act with respect to accounting records and the preparation of accounts; - (ii) preparing accounts which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its net incoming or outgoing resources for the financial year in accordance with the requirements of the Act relating to financial statements, so far as applicable to the charity. These financial statements have been prepared in accordance with the provisions for companies subject to the small companies’ regime, and with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102 – effective January 2019). **Page 11** ## **CATCH THE FIRE BOURNEMOUTH** ## **BALANCE SHEET (continued)** ## **29 AUGUST 2024** These financial statements were approved by the trustees on ……………………………………. and 29th April 2025 are signed on their behalf by: ………………………………… Mr D Richards (Trustee) **The notes on pages 12 to 18 form part of these financial statements.** **Page 12** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparation** The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities (effective 1 January 2019)” (FRS 102), the Charities Act, the Companies Act and applicable accounting standards. Under Financial Reporting Standard 102 (FRS 102), the charity is exempt from the requirement to prepare a cash flow statement on the grounds of its size. ## **Company status** The charity is a company limited by guarantee registered in England & Wales. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. ## **Fund accounting** Unrestricted funds are general funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. Investment income and gains are allocated to the appropriate fund. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. No amounts are included in the financial statements for services donated by volunteers. ## **Resources expended** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ## **Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost less depreciation. Assets are capitalised where they can be used for more than one year and cost over £100. Depreciation is calculated to write off the cost of fixed assets over their expected useful lives, and is provided on the following bases: - Buildings 2% per annum on a straight line basis - - Building refurbishment 2% per annum on a straight line basis - Equipment 33.3% per annum on a straight line basis **Page 13** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **2. DONATIONS** ||**2024**|2023| |---|---|---| ||**£**|£| |Donations||| |- Unrestricted|**135,752**|219,844| |- Restricted|**125,910**|-| |Income tax recoverable|**37,738**|42,386| ||───|───| ||**299,400**|262,230| ||───|───| ## **3. INCOME FROM CHARITABLE ACTIVITIES** ||**2024**|2023| |---|---|---| ||**£**|£| |Conferences & events|**21,838**|3,710| |Room hire income|**50**|-| ||───|───| ||**21,888**|3,710| ||───|───| |**INCOME FROM INVESTMENTS**||| ||**2024**|2023| ||**£**|£| |Interest received|**7**|5,788| ||───|───| ## **4. INCOME FROM INVESTMENTS** ## **5. COSTS OF ACTIVITIES IN FURTHERANCE OF THE CHARITY’S OBJECTS** |Activity or project|Activities
undertaken
directly
(note 6)|Grant
funding of
activities
(note 7)|Support
costs
(note 8)|Employee
costs
(note 9)|**Total**
**2024**|Total
2023| |---|---|---|---|---|---|---| ||£|£|£|£|**£**|£| |Church running costs|16,104|-|52,566|100,432|**169,102**|94,749| |Missions and giving|-|16,439|-|-|**16,439**|11,509| |Conferences and events|8,346|-|-|-|**8,346**|3,342| |||||||| |**TOTAL**|**24,450**|**16,439**|**52,566**|**100,432 **|**193,887 **|109,600| **Page 14** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **6. DIRECT COSTS OF CHARITABLE ACTIVITIES** ||**2024**|2023| |---|---|---| ||**£**|£| |Conferences & events|**8,346**|3,342| |Hall hire|**5,505**|15,112| |Worship expenses|**4,264**|3,932| |Sunday meeting expenses|**3,546**|6,136| |Children & youth ministry|**1,017**|-| |Pastoral expenses|**804**|2,034| |Other direct costs|**968**|341| ||───|───| ||**24,450**|30,897| ||───|───| ## **7. ANALYSIS OF GRANT FUNDING OF ACTIVITIES** |||**2024**|2023| |---|---|---|---| |||**£**|£| |Grants to other charities (UK)|||| |-|Catch The Fire Ministries (UK)|**12,904**|11,288| |-|Kenyan Children’s Project (restricted)|**2,000**|-| |-|Far Flung Tin Can (restricted)|**721**|-| |Grants to individuals (UK)|||| |-|Specified gifts|**364**|-| |-|Benevolence gifts|**450**|221| |||───|───| |||**16,439**|11,509| |||───|───| **Page 15** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **8. ANALYSIS OF SUPPORT COSTS** ||**2024**|2023| |---|---|---| ||**£**|£| |Alarms & security|**11,999**|-| |Depreciation|**9,912**|-| |Insurance & licences|**2,112**|1,322| |Interest payable|**13,382**|-| |Light & heat|**5,750**|615| |Office costs|**606**|150| |Staff training / entertaining|**823**|1,624| |Subscriptions|**906**|-| |Telephone|**524**|-| |Water & rates|**5,228**|-| |Independent examiner’s fee|**850**|3,440| |Other expenses|**474**|479| ||───|───| ||**52,566**|7,630| ||───|───| ## **9. EMPLOYEE COSTS** ||**2024**|2023| |---|---|---| ||**£**|£| |Gross wages|**94,527**|53,970| |Employer’s NIC|**1,444**|-| |Employer pension contributions|**4,461**|2,029| ||───|───| ||**100,432**|55,998| ||───|───| The average number of employees during the year was five (2023 – four). No employee received employee benefits of more than £60,000. **Page 16** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **10. TRANSACTIONS WITH TRUSTEES** During the year Mrs A Richards, the wife of trustee Mr D Richards, received remuneration for her role as pastor of £20,436 (2023 - £17,700.) No trustees were remunerated or reimbursed for expenses in the current or prior period. The total donations made to the charity by trustees without conditions during the year was £13,034 (2023 - £12,672.) ## **11. FIXED ASSETS** |**FIXED ASSETS**|||||| |---|---|---|---|---|---| ||Land &
buildings|Building
improvements|Fixtures
& fittings|Equipment|**Total**| ||£|£|£|£|**£**| |**Cost**|||||| |At 30 August 2023|459,095|16,710|-|10,127|**485,932**| |Additions|-|301,074|56,186|29,876|**387,136**| |Disposals|-|-|-|(10,127)|**(10,127)**| |At 29 August 2024|459,095|317,784|56,186|29,876|**862,941**| ||||||| |**Depreciation**|||||| |At 30 August 2023|-|-|-|10,127|**10,127**| |Charge for year|-|-|5,619|4,293|**9,912**| |Disposals|-|-|-|(10,127)|**(10,127)**| |At 29 August 2024|-|-|5,619|4,293|**9,912**| ||||||| |**Net Book Value**|||||| |At 29 August 2024|459,095|317,784|50,567|25,583|**853,029**| ||||||| |At 30August2023|459,095|16,710|-|-|**475,805**| **Page 17** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **12. DEBTORS** ||**2024**|2023| |---|---|---| ||**£**|£| |Income tax recoverable|**4,591**|7,828| |Prepayments|**1,643**|1,451| ||───|───| ||**6,234**|9,279| ||───|───| ## **13. CREDITORS DUE WITHIN ONE YEAR** ||**2024**|2023| |---|---|---| ||**£**|£| |Accruals|**1,247**|3,720| |Pension liability|**632**|702| |Loan repayable < 1 year|**2,500**|-| ||───|───| ||**4,379**|4,422| ||───|───| |**14.**|**CREDITORS DUE AFTER MORE ONE YEAR**||| |---|---|---|---| |||**2024**|2023| |||**£**|£| ||Loan repayable > 1 year|**293,067**|95,000| |||───|───| **Page 18** ## **CATCH THE FIRE BOURNEMOUTH** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 29 AUGUST 2024** ## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Fund balances at 29 August
2024 represented by:|Restricted
funds|Unrestricted
funds|Total
funds| |---|---|---|---| ||£|£|£| |Tangible fixed assets|-|853,029|853,029| |Current assets|30,000|38,037|68,037| |Current liabilities|-|(4,379)|(4,379)| |Long-term liabilities|-|(293,067)|(293,067)| ||||| |**TOTAL**|**30,000**|**593,620**|**623,620**| ## **16. STATEMENT OF FUNDS** ||At 30
August
2023|Income|Expenditure|Transfers|At 29
August
2024| |---|---|---|---|---|---| ||£|£|£|£|£| |**Unrestricted funds:**|||||| |General reserve|496,212|195,386|(190,671)|92,693|593,620| |Designated building fund|-|-|-|30,000|30,000| ||||||| |Total unrestricted funds|496,212|195,386|(190,671)|122,693|623,620| ||||||| |**Restricted funds:**|||||| |Building fund|-|122,693|-|(122,693)|-| |Specified donations|-|3,216|(3,216)|-|-| ||||||| |Total restricted funds|-|125,909|(3,216)|(122,693)|-| ||||||| |**Total funds**|**496,212**|**321,295**|**(193,887)**|-|**623,620**| The general reserve represents the free funds of the charity which are not designated for particular purposes. The designated building fund represents funds set aside to refurbish the new building. Building fund represents donations given towards purchasing a building from which the church can operate. The building was purchased during the year and is included in note 11: Fixed assets. Building fund donations were transferred to general funds upon completion of the purchase. Specified donations represents donations given towards specific projects or beneficiaries.