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2024-10-31-accounts

FIRWOOD CHURCH A Registered Charity (No: 1075723)

ANNUAL REPORT

1 November 2023 — 31 October 2024

REPORT OF THE TRUSTEE BOARD

The Trustee Board presents its Annual Report and the audited financial statements for the year ended 31 October 2023. The financial statements comply with the current statutory requirements, and the Statement of Recommended Practice — accounting and reporting by charities.

LEGAL AND ADMINISTRATIVE DETAILS

Name: FIRWOOD CHURCH Registered Charity No: 1075723 Operational Address: 300 Middleton Road, Westwood, Oldham OL9 6JL

BANKERS & AUDITORS

Bankers: Barclays Bank, 27-29 Long Street, Middleton, M24 6TE Auditor: John Spibey Associates Limited

BOARD OF TRUSTEES

Chair of Trustees K Insaidoo Trustees C Milnes L Ashworth A Evans D Targett

CHURCH LEADER:

K Insaidoo

TREASURER:

C Evans

SOLICITORS:

Rutters Solicitors, 2 Bimport, Shaftesbury, Dorset SP7 BAY

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STRUCTURE GOVERNANCE AND MANAGEMENT

Governing Document: Declaration of Trust

Firwood Church was registered as a charity on 27 May 1999

RECRUITMENT AND APPOINTMENT OF TRUSTEES:

New trustees can be nominated by the Pastors' Team, an existing member of Firwood Church Board of Trustees or by the members of Firwood Church. The Board of Trustees will then, at a board meeting, discuss the nomination and Nominees. The Nominee(s) will be elected to serve on the Board on the basis of a majority vote by the Board of Trustees.

In unique situations where the number of Trustees or the skills held by existing Trustees is deemed by the board to have fallen below what is required by the organisation, or where the Trustees deem that specific expertise is required, then external recruitment can be used. In this situation normal recruitment procedures within the organisation will be followed.

The maximum number of Trustees is seven. Trustees are elected to the Board of Trustees subject to agreed adherence to the doctrines set out in the Declaration of Trust. Future trustees elected to the Board of Trustees of Firwood Church are appointed for terms of office of up to five years by resolution of the Trustees. They can be asked to extend their period of Trusteeship, should the Board of Trustees deem it helpful to the Trust.

Induction and Training of Trustees:

New Trustees will be selected on their ability to perform the role they are offered. New Trustees will be required to follow appropriate guidance and statutory obligations of the Role of a Trustee in line with the Charity Commission regulations, and legal responsibilities relating to trusteeship. New Trustees will be required to have read Firwood Church core policies and procedures. New Trustees will be offered one-to-one support from a more experienced trustee should that be required.

RESPONSIBILITIES OF THE BOARD OF TRUSTEES

Company and Charity Law required the Board of Trustees to prepare financial statements giving a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements the Trustees have:

The Trustees are responsible for keeping accounting records which disclose, with reasonable accuracy, the financial position of the Trust. They are responsible for safeguarding the charity's assets and taking reasonable steps for the prevention and detection of fraud and other irregularities.

RESERVES POLICY

The Board of Trustees have adopted a reserves policy which they consider appropriate to enable the Trust to meet its developing commitments and obligations. The Trustees are satisfied that in view of the charity's areas of operation and its aims and desire to assist and work with the community, it is sufficient to hold a small reserve. To this end, and with due consideration, the Trustees have determined upon a reserves policy to retain funds equivalent to two month's staff and overhead costs.

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ORGANISATIONAL STRUCTURE

Firwood Church is led by our Lead Pastor, supported by two assistant pastors. It has a Board of Trustees, consisting of five members and a team of Deacons, currently consisting of nine members. The Lead Pastor has oversight and responsibility for the overall running of the church. The Lead Pastor, assisted by the assistant pastors, has overall responsibility for the teaching, preaching and pastoral work of the church.

RISK MANAGEMENT

At an organisational level, Firwood Church manages any risk it might be exposed to through reviewing key performance and compliance data and information through Pastors, Deacons and Board of Trustees meetings. Key financial, operational and legal risks are identified and systems, for example, appropriate Policies (Recruitment, Safeguarding, Health & Safety, etc) are employed to mitigate these risks.

Firwood Church is a member of the Independent Christian safeguarding charity, Thirtyone:Eight. Firwood Church follows all best practice and recommendations of ThirtyOne:Eight and our working policies (Safeguarding, Recruitment, Health & Safety, Child Protection procedures etc.) follow their best practice models and policies. Our Safeguarding Policy and Recruitment Policy is logged with them and updated regularly in accordance with notified revisions and recommendations. ThirtyOne:Eight acts as our advisory body. Our DBS clearances are renewed on a rolling three-year programme.

The Board of Trustees continue to review and alleviate potential risks, in accordance with the guidance set out by the Charity Commission.

PUBLIC BENEFIT STATEMENT: OBJECTIVES AND ACTIVITIES FOR PUBLIC BENEFIT

The Trustees of Firwood Church confirm that, when exercising their powers and duties, they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to Charity Commission's general guidance on public benefit.

The public benefits from the work Firwood Church undertakes, and Firwood Church meets its charitable objectives, by the assistance it gives to individuals, families, the local community, surrounding areas and society at large.

Firwood Church Trustees are conscious that the charity's funds are to be used appropriately, prudently, lawfully and in accordance with the charity's purposes for the public benefit. The Trustees consider that whilst maintaining good governance, Firwood Church will continue to provide — to the very best of its ability and resources — for those who are in need and for those in difficult situations, where with help, they could make positive and beneficial life changes, by

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OBJECTS OF THE CHARITY - REVIEW OF THE YEAR

Firwood Church, as part of its desire to meet its charitable objects, continues to provide assistance to the local community, i.e., practical support, financial help, and the provision of various facilities, for example:

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FUTURE DEVELOPMENTS

We will continue with our existing projects and initiatives and our hope is to further extend our involvement and work we undertake in the area.

This Report was approved by the Board of Trustees on 25/08/2025 and is signed on behalf of the Board of Trustees of Firwood Church by: K Insaidoo, Chair of Trustees.

K Insaidoo

Chair of Trustees Firwood Church

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Firwood Church

Registered with the Charity Commission Income and Expenditure Account and Balance Sheet For the Year Ended 31st October 2024

John Spibey Associates Ltd Certified Practising Accountants 245 Bury New Road Whitefield Manchester M45 8QP

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Firwood Church

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Index
Page
Accountants Report 3
Income and Expenditure Accoun 4
Balance Sheet 5
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John Spibey Associates Ltd Certified Practising Accountants 245 Bury New Road Whitefield Manchester M45 8QP

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Firwood Church

Accountants Report

In accordance with our engagement we have compiled the financial information of the above named client which comprises of an Income and Expenditure Account from the accounting records and information and explanations supplied to us.

The financial informaion has been compiled in accordance with your instructions. This financial information is not intended to achieve full compliance with the provisions of the UK Generally Accepted Accounting Principles.

Our work has been undertaken so that we might compile these accounts and report to you that we have done so. We do not accept or assume responsibility to anyone other than our client for this work, or for this report.

We have carried out this engagement in accordance with technical and ethical guidance issued by the Accountancy Governing Bodies in the UK.

You have approved this financial information for the year ended 31st October 2024, and have acknowledged your responsibility for it.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us, we therefore do not express any opinion on the financial information contained therein.

John Spibey Associates

Signed______

26th June 2025

Date____

John Spibey Associates Ltd Certified Practising Accountants 245 Bury New Road Whitefield Manchester M45 8QP

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Firwood Church

Income and Expenditure Account

for the Year ended 31st October 2024

Income
Collections and Donations
Gift Aid Refunded
Other Miscellaneous Income
Donations and CAF
Non Gift Aid Donations
Total Income
£
Less Expenditure:-
Wages (including N.I.C.)
Gift - S Evans (not through Payroll
Rent of Hall
Water Rates, Light and Heating Costs
Church Expenses
Insurance and Memberships
Donations Made
Donations to Eden Westwood
Stationery
Youth Activity Expenses
Praise Group/Band
Accountancy and Payroll Production Costs
Legal Fees
Sundry Expenses
Motor Expenses Re-imbursed
Running and Overhead Expenditure
Special Events
New Day Event Net Costs
Events and Community Work
Special Events Expenditure
Capital Expenditure
Restoration Repairs and Maintenance
Lighting, Instruments etc
New Church Computer
Capital Expenditure
Total Expenditure for the Year
£
Transfer to Church Reserves
**£ **
2024 2023
£ £
35779.00
10988.21
77.41
1295.50
25.00
£
£
51004.00
12659.78
174.36
760.00
58.35
48165.12 64656.49
0.00
0.00
12000.00
3459.48
521.23
2328.78
3171.17
1480.00
1618.92
1807.53
958.42
673.00
0.00
1084.44
0.00
0.00
10000.00
12000.00
4205.81
477.63
3240.01
1886.47
10347.62
709.50
5920.00
865.82
673.00
0.00
952.96
20.00
29102.97
17305.53
6375.75
51298.82
3450.39
1487.00
23681.28
4044.05
9426.80
0.00
4937.39
3467.58
3865.77
2819.00
13470.85 10152.35
66255.10 66388.56
-18089.98 **£ ** -1732.07

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Firwood Church

Balance Sheet

as at 31st October 2024

Current Assets
Bank Account - Firwood
Prepayment - Rent
Current Liabilities
Creditor - Accountancy
Net Current Assets
Balance Sheet Totals
£
Represented By:-
Church Reserves
Balance Brought Forward
Transfer to Income & Expenditure Accoun
Balance Sheet Totals
**£ **
2024 2023
£ £
34406.62
0.00
51496.60
1000.00
34406.62 52496.60
797.00 797.00
797.00 797.00
33609.62 51699.60
33609.62 **£ ** 51699.60
51699.60
-18089.98
53431.67
-1732.07
33609.62 **£ ** 51699.60

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