REGISTERED CHARrfY NUMBEIL. 1081031 REIY)RT OF THE TRUSTEES AIYD FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2024 FOR MYOKE TRUST FARNWORTH CHRISTIANFELLOWSHIP P B Sydd811 & Co Chartered Acoountonts 81 Chorley Old Ro Bolton BLI 3AJ
MYOKE TRusr FARIYWORTH CHRISTIAN FELU)WSHIP CONTEKIS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Pige Referente and Admlnlstratfve Delall8 Report ofthe Thilte Independent Eumlnees Report Statement of FknADciAI Actlvld Baknnee Sheet Note• to the Fin4ncll StstementB 7 to 11 Detailed Statement of Fln4ncll Actlvltlej J2
MYOKE TRUST FARNWORTH CHIUSTIAJY FELU)WSHIP REFERENCE AND ADMtNISTRATIVE DETAIIS FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES PL8tor J Danrel-sam . Pa8torof the Chur H C Daniel-sam .' Assistant Pastorofthe chUh A Tonge .' Elder of the Church P Morris . Elder ofthe Chu PRINCIPALADDRE&S 61 Wolknr Lan¢ Farnworth Bolton LanChlrt BL4 OBX REGISTERED CHARITY NUMBER 1081031 JNDEPENDENT EXAMINER PB Syddall & Co Chartered ALYountints Grnfton House 81 Chorley Old Ro&1 Bokon L8nc&8hi BLI 3AJ The Roya] Bank of S¢otland plo J04 maet Street Farnworth Bolton Lan¢a5hi BL4 9AB Pag¢ I
MYOKE TRusr FARNWORTH CHRISTIAN FELiDWSlllP REPORT OF THE TRUS]TES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustses present their report with the fmancxal statemth of the charity for the year thded 31 Decembe¥ 2024. The tees have adopted the provisions of Alxounting and Reporting by Chariti&8: Slatcment of R¢commend¢d Practice applicable to charities p)rcparin8 their accounts in a¢(rdance with the Financi81 Reportin8 Standard applichble in the UK and Rcpublic of Jreland (FRS 102) (effective l January 2019). OKIEcfivES AND ATIEs Pubiie benefft Exh year the trust¢e5 consider the Cbarity Cornmission guidance in relation to public b¢nefft Ind review the objectives d &ctivities of the charity to ensure they c4)ntinue to reflect their aims and provide public benefit. The trustKs are more than satisfied that they do. FINANCIAL REVJEW InveBtment p)licy and oblectlves Thc trustees have th¢ N)wer to mak¢ any invaslment they deem fiL Reservej policy The trustees attempt to maintsin liquid reserves of £S.000 08 wo18 capital for the forthwming year. At the balanc¢ sheet dats the chwity had more than sufficient fill& available. srRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The eljarity is controlled by its 8ovornin8 dLKum¢n( a deed of tN8t and constitutes an Unincorpor charity. Re¢ruitinfflt and appointment of Ikw trustees The power ts appoint or r¢mov¢ a trustee is vested in the truste¢s. OrgAmtsatlollal 8trnctu The Myoke Trwt 15 malnly involved in running a Church, Chrlstian teaching other related work in the community with the name Farnworth Christihn Fellowship. The main place of worship is at St Thomas C¢ntt Westminster Avenu4 Farnwortb. Bolton BL4 7DS with the administrative office from 61 Plodder Lan4 Farnwortl4 Bolton BLA OBX. The affaits gre managed, for the time being, by four trus¢e¢s namely, Pastor J DanIel-Sa H C Ihlliel-sam. A Tonge and P Monis. There ll tnthe meetings at rEgular intervats. The tnth hRg charitable status whi¢h 1$ of enornw benefit in mPliSh)ng the objectives of the trusL Apwoved by orderof the Ert)ard of knsttts on 16 October 2025 and sId on its behalfby.. Aniel-Sam- Trustee Page 2
INDEPENDE1 EXAMINER'S REPORT TO THE TRUSTEES OF MYOKE TRUST FARIWORTH CHlUAN FELU)WSHIP Independent examiner'$ report to the trustees of Myokt Trust Farnworth Chrlstian Fellowsbip I rewrt to the charity In on my examination of the accounts of Myoke Trust Farnworth Christian Fellowship (the Tn) for the ye4r ended 31 Decembtr 2024. ResponslblHdes #nd basb of report As thc tharity Intsg of the Tnlst you are responsible for thc prepara of the ALYounts in thance with the requirements of the Charities Act 2011 ('the Ad,). I in rwect of my ex&nination of the ThS unt8 canied out under Section 145 of the Act in canying out my examination I have followed all applicablc Directions given by th¢ Charity Commissi¢)n under Section 145(5Xb) of the Act. Inthptndent ex•mlner's ststement I hav¢ compl&ed my ¢xamination. I rA)nfwm that no Jnaterial matters have rne tr) my attention in conneLlion with the examination 8iving me Cau to believe that in any material ffspect: acwunting reo)nts weft not kept in respect ofthe required by Section 130 of the Ad: or the Unts do not accA)rd with those r(LI. or the accounts th) not mplY with the appli¢abl¢ Rquirements c4)ncernin8 the forn) and content of accounts set out in the ChitIeS (Acu)unts and Reports) Regulations 2008 Oth any requirement that the ac¢ounts 8iv¢ a true and fair view whith is not a malter considered as part of an Inde ¢xamination. I hav¢ no o)ncems and have come across no other mattU5 in Connection with the examition to which attention should be in this rert in orderto enftble a prow understanding of the aUnts to be thed. Adam J Sydda]l M.& F.C.A. The Institute of Chartered A)untants in England and Wal¢8 P B Syddall & Co 81 ChLYley Old Roal LAnc&thire BLI 3AJ 16 October 2025 Page 3
MYOKE TRUST FARIYWORTH CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL AcrivrriEs FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 funds Notss INCY)ME AND ENDOWMEIYTS FROM Donations and legacies 59h22 59h22 101,107 EXPENDITURE ON 5(Kl 6S881 76,170 NET INCOMFJ(EXPENDITURE) Tran$fer8 between funds (5959) 5,995 (500) ($995) (6A59) 2A937 Y4et movem¢nl In fund8 (6A9S) (W9) 24.937 RECOIYCILIATION OF FUNDS Total funds bn)ught fonvard 254,728 261ffj93 236,756 IY)TAL FUNDS CARRiED FORWARD 251764 470 255334 261,693 The notes forni part ofthese financial ststements
MYOKL TRU FARMVORTH cHRIIAN FELLQWSHIP BALANCE SHEET 31 DECEMBER 21724 2Q23 Unrestricted Restsictal fimds nds funds Notes FIXED A&SE]S TaDgible a58ets 280,889 269203 Cash 81 bank and in hand 17391 470 17,761 28.363 CREDrroRS Amounts fallin8 due within one year (43h16) (43,416) (35,873) NET CURRENT A&SETS (4125) 470 (7.510) TOTAL A&SE13 LESS CURRENr LIABILITIES 2¥764 470 255334 261,693 NET ASSETS 154,764 470 25S234 261,693 The notes forni p&t ofthese fmbancial statcments Page 5 ntinued...
MYOKE TRUST FARNWORTR CHRisfIAN FELIA)WSHRP BALANCE SHEET- contlnued 31 DECEMBER 2D24 FUNDS Unrestricted funds Rcstii¢t¢d fimds 2¥764 470 254,728 6,965 AL FUNDS 255334 261.693 The fmancia] stat¢m were approv1 by the Board of Twst¢e8 and athised for issue on 16 Od(thr 2025 and wffe signed on its behalf by: J Dani¢l.Sam . Thstee H C Daniel-sam - Tnthe A Ton8e . Trustee P Morris. Th18tee The notes forni part ofthese finoncial statements Page 6
MYOKE TRUST FARNWORTH CHIUSTIAN FELLOWSHIP NOTES TO THE FINANCIAL sfATEME]Y13 FOR THE YEAR ENDEII 31 DECEMBER 2024 STATim)RY INFORMATION Myokc Trust Farnwoth Christian Fellowship is a registtta charity T¢gistered in England and Wales. The Charity's registered number and registered office address can k found in the Rert of the Trusttts. The PsentstIOn ¢uffency ofthe financial statanent5 15 the Pound Sterfin8 (£). ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL sfATEMENTS The fjnancial statements of the chlty. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A)UntIng and Rvporting by Charities: Siatcment of Recommended Practice applicable to ¢hariti¢s prepIng their ac0)u5 in a)rdance with the FinCIal Reporting Standard appli1¢ ITJ the UK and Republic of Ireland (FRS 102) {effeIv¢ l January 2019}', Financial Re)rting Standard 102 Th¢ Firn¢la1 Rey)rting Standard applicable in UK and Republic of Irelgnd, and the Charitie8 Act 2011. The fmancial statements have be¢n preparnl under th¢ histQTicai ¢ost )nvention. INCOME All income is recognised in the Sernent of Financial Activities once the charity has cntitlwnent kn the fund4 It is probablethat the income will h refxived and the amount can be me&wred reliably. EXPENDITURE LiYdbiliti¢s are Trcognised expenditure as soon as there is a leg81 or f81nt1ve obli8Ation LX)mmitting the charity to that expenditure, it is pmbable that a transfer of economic benefits will be required in settlement and the amount of the obligation can b¢ measured reliabty. Expenditure is aceA)unted for on an nlS basis and has Ixen cla$8ified under headin8s that a8gregat¢ all cost related to the category. Where costs cannot b¢ directly attributed to particular h¢adin8s they have bttn allocated to tiVItieS on a basis WIK818tent with the use of TANGIBLE FIXED ASSETS Depre£iation 18 provided at the following annual rat¢8 in order to write off each &88¢t over its estim4t¢d uaeful Freehold pmpety and property alterntion8 Instrnmfflts and PA equipment FiXtuS and fittings not provided 150/0 on reducing balance 150h on dUcIng balance TAXATION The chlty is exempt from t&x on its Charitsble a¢livities. FUND ACCOUNTING Unrestricd fund5 (¥n be used in aCTda with the ch8ritsble objectivcs * the discretion ofthe trustees. Restrictsd funds can onty be u*1 for partiadar restricted purp)su within the objects of the charity. Restriclions arise when Sp[fied by th¢ donor or Whe are raised for particaT restricted PUryK)se8. COING CONCERN At the time of approvi the &c4)unt4 the tru5te¢s have a Sonable extIon thal the charity h&8 adequate ources to C4)ntinue in opffali(mal existence for the forB5eeable futh. Thus the trustces L¥)ntinue to adopt th¢ 80ing conc¢rn bui8 of accountin8 in prcFwillg the a¢o)unts. P¢7
MYOKE TRUST FARNWORTH cHRIlAN FELIA)WSHIP NOTES TO THE FINANCIAL ATEmENts- eothued FOR THE YEAR ENDED 31 DECEMBER 2024 CRITICAL ACCOUNTING JUDGEME AND KEY SOi]RCES OF ESTIMATtON i]NCERTA]NTY In the application of the chwitys accounting policies the trnsttes are required to make jud8em¢nts e51imates and &ssiiinption5 about the Lwing amount of assets and liabilities that are Th)t readily appmtIy from other sourc, The estimatss and &98ociatcd 4S5umptions are b8sed on histori experi¢tK¢ other factors th are onsidered to be ftlevant. Actual results may differ from these estimates. The e8timats5 and undcrlying assumptions are remved on an ongoing bLqis. Revisions to acoiunting estimates are trlSed in the period in which the estimate is revige41 whett the revision affects 0Y that wiod or in the period of revision and full periods wlm the revision affects Ix)th currfflt and futwe peTiod Thcre were estimate or a88umptions which kne a significt risk of causing a ma18] JustMent to the rying amount of assets And liabilitie5. TRUSTEES, REMUNERATION AND BENEFITS TrSte<,3 remuneration paid to J Daniel-sam am(wnted to £18.(M)O for bis serrices as Pastor during the yeer ended 31 De£¢mber 2024 (2023 - £18.(th). TRUSTEFS, EXPENSES Thte¢8 expeNeg amounted to £IJOO during the year ended 31 Decemb¢r2024 (2023 - £1 JOO). STAFF cosrs The aver88e monthly numb¥ of anployees during thc year w48 as follow$: 2024 2023 Minister No employees rettived emoluments in excess of £60,(MX). TANCIBLE FJXED ASSETS Freehold Improvem Instruments and PA property equipment Flxturns property fy]terations Totsls At l January 2024 Addition8 218803 22 72,598 383.935 17,011 At 31 Decqnber 2024 218803 32J13 T1ffj32 72J98 400,946 DEPRECIATION At l January 2024 Chatge for ye 50,717 61015 1288 114.TJ2 5J25 At 31 DecLrnber 2024 51754 65JOJ I2057 NET B(X)K VALUE At 31 DxwAber2024 218803 32J13 22078 7295 280089 At 31 De£ember2023 218,403 21860 19J57 8,583 269203
MYOKE TRUST FARNWORTH CHRISTJAIY FELLOWSHIP NOTES TO THE FINANCIAL STATEME1s- eontinued FOR THE YEAR ENDED 31 DECEMBER2024 TANCJBLE FIXED A&SETS- ntInued The cost of freehold propety ]luded in freehold propety and property alterations is £45.875. CREDTfoRS: Amou FALLING DUE WITHIN ONE YEAR 2024 2023 Social seGurity and oth¢rtsxes Isrnel tour funds Othcr creditor- P&stor J Daniel-sam Other Creditor- H C Damiel- S Accrnals and deferr•l inwme 6.193 12ffj95 28,180 497 1,192 27,203 1.519 958 43h16 35,873 MOVEMENT IN FUNDS Net Transfers between funds At 31.1224 Al 1.1.24 ID fimds Unrestrlcted fundj 254,n8 ($959) 254,764 R&8tricted ndS Funds for Ukrnine Israel tour fill 970 (500) 470 (S995) (s)) (5995) 470 261ffj93 (6,459) Net movemcnt in fund4 included in the aly)ve are a8 follows: ItmIng r¢8ources R£source5 expend Mov¢mart in funds UDre8trfetsd fun Gen¢raJ fill)ds 59A22 (65081 > ($959) Restrided Funds for Ukrnine (5W) (500) TOTAL FUNDS 59h22 (&V81) (6859) Page 9 continued..
MYOKE TRUST FARNWORTH CHIUSflANFELLOWSHIP NOTES TO THE FIIYANCJAL STATEMEIYIS- eontinued FOR THE YEAR ENDED 31 DECEMBER2024 MOVEMENT JN FUNDS- tontinued CompArAtlves for movement In Net movement in funds At 31.12.23 At 1.123 Unrntrleted funds Generni funds 229.791 24,937 254,r28 Restricted funds Funds for Ukraine 970 5,995 970 5,995 965 6,965 236,756 2A.937 261,693 Comparative net nVernent in funds, included in th¢ above are follows: Inc4)ming r¢80ur(%s expended in funds UDrestrlcted fiindj General fvnds 101.107 (76,170) 24.937 T(xfAL FUNDS 101,107 (7fi170) 24,937 A current yev12 months and prior year12 months combined position AS &q follow8: Net movemenl in fimds Tr8nsferg b¢lween At 31.12.24 At 1.1.23 Unrestricted funds 229,791 18,978 5.995 254,764 Restrltted tsndi Funds for Ukrnine Isrnel tour funds 970 5,995 (5(K)) 470 (5,995) 6.965 (500) (5.995) 470 TOTAL FUNDS 236,756 18,478 255,234 Page 10
MYOKE TRugr FARtIWORTH CHRlStIAIY FELLOWSHIP NOTES TO THE FINANCIAL STATEMEiYfs- conllnued FOR THE YEAR ENDED 31 DECEMBER 21124 MOVEMENf IN FUNDS- conllnued A curnt year 12 month5 and prK)r y¢ar 12 months aKnbinoJ net movement in fimd4 included in the above a a8 follows: Incoming Resourca Movement resources expend in funds Unrests4et¢d funds GaTal funds 160529 (141.551) 18.978 Restriete41 fuDds Fund8 Ukrnine (500) {500) TOTAL FUNDS 160,529 (142,051) 18,478 RELATED PARTYDISCLOSURES At the bAl8nce sheet date the ch8rity owed P&qtor J Daniel-sam £28.180 (2023 - £27.203) who agreed not to with&aw monies until the charity sufficiert c&shflow for him to do so. The amouirt is in¢lU1 within creditors due within on¢ yaw. The charity al80 owed trustee H C Dmiel-sam £497 (2023 - £1,597) at the balance shert date which is includ¢d within creditor8 due within one ye4r. Pag¢ii
MYOKE TRU FARMVORTH CHlu[AN FELU)WSHIP DETAILED STATEMENf OF FINANCIAL AcrivrriL8 FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENrs Donatlons and l•cks Gifts Offtrings and txthes 3975 3.290 81317 15,500 59N22 101,107 Total IncinIng r¢sour 59A22 101.107 EXPENDITURE Other Worship expenses Vehicle m8inten8n¢e Minister's eXpSe5 Church developmenl expenses Outrexh and mission expens Administrntive overheads 2W6 36,114 406 1,500 9.769 3.962 19,489 iJoo 7,126 S363 13,406 500 Isra¢l tour funds E*reciation oftan8ible fixed 088ets S325 4,930 6S881 76.170 Total Rsources expended 76,170 Net (expendltureyineome (6rt59) 24,937 This page does not forn) part of the stalvtory financial statements Page 12