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2023-12-31-accounts

Charity number: 1088838

Hollybush Christian Fellowship

Trustees' report and financial statements

for the year ended 31 December 2023

THE BARKER PARTNERSHIP

Chartered Accountants Thirsk

Hollybush Christian Fellowship

Contents

Page
Legal and administrative information 1
Statement from Chairman of Trustees 2
Trustees report 3 - 4
Independent examiners' report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 13

Hollybush Christian Fellowship

Legal and administrative information

Charity number 1088838 Registered office Hollybush Newsham Thirsk North Yorkshire YO7 4DH Trustees Pastor J Wilkinson Chairperson (from 15 December 2023) P Kemp Chairperson (to 15 December 2023) Pastor J C Wilkinson M Camp S R Weatherill E Parlour (Appointed 26 March 2024) Independent Examiners B Cross ACA The Barker Partnership Chartered Accountants 17 Central Buildings Market Place Thirsk North Yorkshire YO7 1HD Bankers HSBC 189 High Street Northallerton North Yorkshire DL7 8LQ

Kingdom Bank Limited Ruddington Fields Business Park Mere Way, Ruddington Nottingham, NG11 6JS

1

Hollybush Christian Fellowship

Statement from Chairman of Trustees

for the year ended 31 December 2023

I am writing on behalf of the Trustees of Hollybush Christian Fellowship. The year 2023 started off well with new members adding to the church. Encouraging to see growth after the decline that occurred after the Covid period.

We were beginning preparations to organise the Family Camp that runs in the summer, running from Friday 28th July to Friday 4th August, the family camp went ahead as planned although the weather could have been better.

The camp was quite well attended the team did a great job and the camp was appreciated by the attendees.

The prayer meeting on a Tuesday 12:30 to 2:30 has seen a significant increase in attendees, what used to be in the region of 12-30 is now consistently within the 30-40 mark.

Due to the decrease in weekly contributions to the church offerings, less meetings on a Friday and gift aid not being reinstated there has been a loss of income of close to £50,000 for the year, which is an increased loss from previous years, however, we continue to receive legacies and donations from those, kind enough to leave them.

There has been a change from within the Trustee structure, Peter Kemp has officially stepped down in his role as chairman and I (Joanna Wilkinson) have taken on this role.

There has been around 20 new members of the church which seems to be consistent with last years figures, they seem to be attending the services regularly.

Despite any difficulties that have been encountered the Lord Jesus remains faithful and will continue to guide us and lead us as we venture forward.

Joanna Wilkinson Trustee and Chairperson 29 August 2024

2

Hollybush Christian Fellowship

Report of the trustees

for the year ended 31 December 2023

The trustees present their report and the financial statements for the year ended 31 December 2023. The trustees who served during the year and up to the date of this report are set out on page 1.

Structure, governance and management

Governing document

The charity's objects and regulations are regulated by a Trust Deed dated 27 June 2001 and under that document, is constituted as an unincorporated association.

Trustees

The trustees are appointed by a resolution of the Trustees passed by a majority of the Trustees.

Objectives and activities

The object of the charity is to advance the Christian faith in the county of North Yorkshire and in other such parts of the United Kingdom, or the World, as the trustees may from time to time think fit, and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Trust. Also, to relieve persons who are in conditions of need or hardship, or who are aged or sick, and to relieve the distress caused thereby in the said location, and in such other parts of the United Kingdom, or the World, as the trustees may from time to time think fit.

When reviewing the charity's objectives and activities and future plans the trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit.

Achievements and performance

Financial review

The net assets of the charity have reduced in the year by £56,874 from £1,250,277 to £1,193,403 (2022 - a reduction of £53,079). This decrease includes depreciation charges of £34,019 (2022 - £34,275).

The trustees have established the policy whereby the unrestricted funds not committed or invested in tangible fixed assets are held as general funds at such a level as there are free reserves to provide financial flexibility over the next financial year. The Trustees have previously set aside £50,000 for the purchase of 16 acres of land. The Trustees do not expect that this land purchase will take place, and have therefore reallocated £50,000 from the designated fund to the general fund.

3

Hollybush Christian Fellowship

Report of the trustees for the year ended 31 December 2023

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the board

Pastor J Wilkinson

Trustee

29 August 2024

4

Hollybush Christian Fellowship

Independent examiner's report to the trustees on the unaudited financial statements of Hollybush Christian Fellowship.

I report to the trustees on my examination of the accounts of Hollybush Christian Fellowship for the year ended 31 December 2023 set out on pages 3 to 13.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act').

I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...........................................................

B Cross ACA

The Barker Partnership Chartered Accountants 17 Central Buildings Market Place Thirsk North Yorkshire YO7 1HD

29 August 2024

5

Hollybush Christian Fellowship

Statement of financial activities

For the year ended 31 December 2023

Unrestricted Unrestricted Designated 2023 2022
funds funds Total Total
Notes £ £ £ £
Income and endowments from
Donations and legacies 2 111,873 2,991 114,864 112,258
Other trading activities 3 53,574 - 53,574 54,263
Investments 4 5,579 - 5,579 1,527
Total 171,026 2,991 174,017 168,048
Expenditure on
Charitable activities 5 227,900 2,991 230,891 221,127
Total 227,900 2,991 230,891 221,127
Net income (56,874 ) - (56,874 ) (53,079 )
Total funds brought forward 1,250,277 - 1,250,277 1,303,356
Total funds carried forward 1,193,403 - 1,193,403 1,250,277

The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 8 to 13 form an integral part of these financial statements.

6

Hollybush Christian Fellowship

Balance sheet as at 31 December 2023

Notes
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Creditors: amounts falling
due within one year
10
Net current assets
Net assets
Funds
11
Unrestricted income funds
12
Total funds		 2023
£
£
891,002
22,966
286,034
309,000
)
(6,599
302,401
1,193,403
1,193,403
1,193,403		 2022
£
£
925,022
24,467
303,257
327,724
)
(2,469
325,255
1,250,277
1,250,277
1,250,277

The financial statements were approved by the trustees on 29 August 2024 and signed on its behalf by

Pastor J Wilkinson Trustee

The notes on pages 8 to 13 form an integral part of these financial statements.

7

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

1. Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1. Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) and the Charities Act 2011.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The trust constitues a public benefit entity as defined by FRS102.

1.2. Cashflow

The charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement because it is a small charity.

1.3. Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when receivable.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Income from investments is included in the year in which it is receivable.

Legacies are included when the charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified.

1.4. Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

1.5. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

8

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

1.6. Pensions

The charity operates a defined contribution pension scheme for certain employees.

The pension costs charged in the financial statements represent the contribution payable by the charity during the year.

The scheme and its assets are held by independent managers.

2. Donations and legacies

Donations and legacies
Unrestricted Designated 2023 2022
funds funds Total Total
£ £ £ £
Offerings - Normal 53,238 - 53,238 52,851
Offerings - Family Camp 6,859 2,841 9,700 11,122
Gift Aid - Normal 8,013 - 8,013 26,512
Gift Aid - Family Camp 1,047 150 1,197 1,075
Ukraine Appeal - - - 6,000
Donations and legacies 42,716 - 42,716 14,698
111,873 2,991 114,864 112,258

3. Other trading activities

Unrestricted
funds
£
Cafe Income - Normal
2,052
Cafe Income - Family Camp
3,356
Caravan - Electricity Charges
967
Caravan - Site fees
13,892
Log Cabins income - Normal
6,244
Facility Income
10,399
Fees - Family Camp
12,700
Fees - Youth Camp
975
Audio Income
2,121
Other income
868
53,574		 2023
Total
£
2,052
3,356
967
13,892
6,244
10,399
12,700
975
2,121
868
53,574		 2022
Total
£
2,046
3,472
914
15,560
5,585
10,978
10,801
-
1,609
3,298
54,263

9

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

4. Investments

Investments
Unrestricted
funds
£
Bank interest receivable
5,579
5,579		 2023
Total
£
5,579
5,579		 2022
Total
£
1,527
1,527

5. Charitable activities

Unrestricted
Designated
funds
funds
£
£
Accommodation
1,260
-
Accommodation - Family Camp
5,050
-
Audio Expenditure
4,090
-
Cafe Expenditure
3,013
-
Cafe Expenditure - Family Camp
3,385
-
Gifts & Donation
1,408
-
Marquees & Toilets - Family Camp
7,710
-
Other Expenditure - Family Camp
13,567
-
Gifts to missions
12,620
-
Gifts to missions - camp
2,480
2,991
Payments to Evangelists
1,650
-
Outreach Literature
-
-
TV Licence
164
-
Printing
591
-
Publicity
2,482
-
Payments to Guest Speakers
1,708
-
Guest Speakers - Family Camp
-
-
Sunday School Expenditure
-
-
Mileage payments
-
-
Video expenditure
-
-
Governance and support costs (note 7)
166,722
-
227,900
2,991		 2023
Total
£
1,260
5,050
4,090
3,013
3,385
1,408
7,710
13,567
12,620
5,471
1,650
-
164
591
2,482
1,708
-
-
-
-
166,722
230,891		 2022
Total
£
751
2,154
3,753
2,314
1,411
8,670
6,612
7,024
16,645
1,435
1,800
45
164
1,715
1,011
2,691
3,650
130
185
871
158,096
221,127

10

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

6. Governance and support costs
Unrestricted 2023 2022
funds Total Total
£ £ £
Staff costs - Wages & salaries 59,206 59,206 63,632
Staff costs - Pension costs 1,581 1,581 2,578
Establishment - Rates & water 2,621 2,621 1,708
Establishment - Light & heat 19,662 19,662 7,857
Establishment - Repairs & maintenance 13,133 13,133 13,087
Establishment - Insurance 6,130 6,130 6,110
Cleaning wages 10,600 10,600 11,584
Cleaning materials & services 10,943 10,943 11,780
Office materials - - 162
Postage and stationery 560 560 118
Subscriptions 230 230 385
Telephone 1,190 1,190 623
Professional - Accountancy fees 2,850 2,850 604
Professional - Other 2,989 2,989 587
Training - - 1,838
Bank charges 1,008 1,008 1,168
Depreciation & impairment 34,019 34,019 34,275
166,722 166,722 158,096

11

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

7. Employees

Employment costs 2023 2022
£ £
Wages and salaries 59,206 63,632
Pension costs 1,581 2,578
60,787 66,210

Miss J Wilkinson, a trustee of Hollybush Christian Fellowship, has been employed as Office Administrator from 1 January 2012. Miss J Wilkinson was paid salary of £27,040 in the year (2022 - £27,040). Additional pension costs paid were £1,082 (2022 - £1,082). The other trustees were not paid during the year. No employee received emoluments of more than £60,000 (2022 : None).

Number of employees

The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:

full time equivalents, was as follows:
2023 2022
Number Number
Trustees 5 5
Administrative 4 4
Other staff 1 1
10 10
Land and Fixtures,
8. Tangible fixed assets buildings **Plant and ** fittings and
freehold machinery equipment Total
£ £ £ £
Cost
At 1 January 2023 and
At 31 December 2023 1,317,670 237,047 167,839 1,722,556
Depreciation
At 1 January 2023 406,377 225,231 165,927 797,535
Charge for the year 26,703 6,124 1,192 34,019
At 31 December 2023 433,080 231,355 167,119 831,554
Net book values
At 31 December 2023 884,590 5,692 720 891,002
At 31 December 2022 911,293 11,816 1,912 925,021

12

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2023

9. Debtors
2023 2022
£ £
Other debtors 22,966 24,467
10. Creditors: amounts falling due
within one year 2023 2022
£ £
Other creditors 6,599 2,469
11. Analysis of net assets between funds
Unrestricted Total
funds funds
£ £
Fund balances at 31 December 2023 as represented by:
Tangible fixed assets 891,002 891,002
Current assets 309,000 309,000
Current liabilities (6,599 ) (6,599 )
1,193,403 1,193,403
12. Unrestricted funds At At
1 January Incoming **Outgoing ** 31 December
2023 resources resources 2023
£ £ £ £
Unrestricted Funds 1,246,197 171,026 )
(227,900		 1,189,323
Designated Fund - Mission Fund 4,080 2,991 )
(2,991		 4,080
1,250,277 174,017 )
(230,891		 1,193,403

Purposes of unrestricted funds

Unrestricted funds

Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects.

Designated funds

Represents monies set aside for gifts to missions in furtherance of the charity's objectives.

13