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2024-12-31-accounts

Charity number: 1088838

Hollybush Christian Fellowship

Trustees' report and financial statements

for the year ended 31 December 2024

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 Pastor J C Wilkinson M Camp S R Weatherill E Parlour 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 2024

Hollybush Christian Fellowship has reached a delicate phase where the funds have been depleting over successive years and we are taking significant action to address this for the future.

Radical measures were introduced during 2025 including a significant reduction of full-time staff and cancellation of regular payments overseas missions. We have set tighter spending limits on consumables and stalled non-essential site maintenance.

New events including Hollybush Festival, have been introduced into our calendar which we hope will increase footfall and revenue for the future. We have also had more approaches recently for facility hire, than during the last two years. Donations are down from previous years which may be due to cost of living rises and limited household budgets. There have been no substantial Legacy receipts since 2023.

Joanna Wilkinson Trustee and Chairperson 20 March 2026

2

Hollybush Christian Fellowship

Report of the trustees

for the year ended 31 December 2024

The trustees present their report and the financial statements for the year ended 31 December 2024. 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.

Financial review

The net assets of the charity have reduced in the year by £155,506 from £1,193,403 to £1,037,897 (2023 - a reduction of £56,874). This decrease includes depreciation charges of £30,648 (2023 - £34,019).

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.

In order to mitigate losses and reduce future outgoings, an action plan has been created to achieve what we believe is best for both the fellowship and the charity.

Spending controls have been implemented and payment logbooks set up for consumables and cleaning/maintenance supplies needed throughout the site.

Income enhancements have also been put in place for Log Cabin hire, with fewer negotiated reductions and timely chasing of overdue Caravan site fees. Charges have also been brought in for food and drink produced in the café.

Notice was given to all missionaries and monthly regular payments ceased from May 2025.

Staff redundancies took place from 17 November 2025 taking current full time employee levels from 6 to 1.8, HMRC payments have reduced accordingly.

Further Trustee reviews of non-fixed costs are planned for future meetings.

The Fellowship bank balances are still depleting but remain above £33,000 to date.

3

Hollybush Christian Fellowship

Report of the trustees for the year ended 31 December 2024

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

20 March 2026

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 2024 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

20 March 2026

5

Hollybush Christian Fellowship

Statement of financial activities

For the year ended 31 December 2024

Unrestricted Unrestricted 2024 2023
funds Total Total
Notes £ £ £
Income and endowments from
Donations and legacies 2 83,920 83,920 114,864
Other trading activities 3 62,268 62,268 53,574
Investments 4 3,300 3,300 5,579
Total 149,488 149,488 174,017
Expenditure on
Charitable activities 5 303,793 303,793 230,891
Total 303,793 303,793 230,891
Net income (154,305 ) (154,305 ) (56,874 )
Total funds brought forward 1,193,403 1,193,403 1,250,277
Total funds carried forward 1,039,098 1,039,098 1,193,403

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 2024

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
2024
£
£
869,301
22,197
151,033
173,230
)
(3,433
169,797
1,039,098
1,039,098
1,039,098
2023
£
£
891,002
22,966
286,034
309,000
)
(6,599
302,401
1,193,403
1,193,403
1,193,403

The financial statements were approved by the trustees on 20 March 2026 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 2024

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 2024

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

Unrestricted
funds
£
Offerings - Normal
63,975
Offerings - Family Camp
5,096
Gift Aid - Normal
7,674
Gift Aid - Family Camp
1,300
Donations and legacies
5,875
83,920
2024
Total
£
63,975
5,096
7,674
1,300
5,875
83,920
2023
Total
£
53,238
9,700
8,013
1,197
42,716
114,864

3.

Other trading activities

Unrestricted
funds
£
Cafe Income - Normal
1,585
Cafe Income - Family Camp
4,074
Caravan - Electricity Charges
781
Caravan - Site fees
14,741
Log Cabins income - Normal
5,721
Facility Income
12,137
Fees - Family Camp
13,973
Fees - Youth Camp
6,053
Audio Income
1,249
Other income
1,954
62,268
2024
Total
£
1,585
4,074
781
14,741
5,721
12,137
13,973
6,053
1,249
1,954
62,268
2023
Total
£
2,052
3,356
967
13,892
6,244
10,399
12,700
975
2,121
868
53,574

9

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2024

4.
Investments
Unrestricted
funds
£
Bank interest receivable
3,300
3,300
5.
Charitable activities
2024
Total
£
3,300
3,300
2023
Total
£
5,579
5,579
Unrestricted
funds
£
Accommodation
716
Accommodation - Family Camp
3,180
Audio and video expenditure and pianist
6,220
Cafe expenditure and catering costs
5,994
Cafe Expenditure - Family Camp
2,362
Gifts & Donation
303
Marquees & Toilets - Family Camp
4,728
Other Expenditure - Family Camp
9,563
Gifts to missions
12,073
Gifts to missions - camp
900
Payments to Evangelists
1,800
TV Licence
172
Printing
572
Publicity
1,303
Payments to Guest Speakers
9,610
Mileage payments
128
Governance and support costs (note 7)
244,169
303,793
2024
Total
£
716
3,180
6,220
5,994
2,362
303
4,728
9,563
12,073
900
1,800
172
572
1,303
9,610
128
244,169
303,793
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

10

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2024

6.
Governance and support costs
Unrestricted
funds
£
Staff costs - Wages & salaries
116,890
Staff costs - Pension costs
2,540
Establishment - Rates & water
2,029
Establishment - Light & heat
21,013
Establishment - Repairs & maintenance
42,821
Establishment - Insurance
8,976
Cleaning wages
-
Cleaning materials & services
6,426
Postage, stationery and other office supplies
1,142
Subscriptions
-
Telephone
1,233
Professional - Accountancy fees
3,876
Professional - Other
4,847
Bank charges
264
Depreciation & impairment
32,112
244,169
2024
Total
£
116,890
2,540
2,029
21,013
42,821
8,976
-
6,426
1,142
-
1,233
3,876
4,847
264
32,112
244,169
2023
Total
£
59,206
1,581
2,621
19,662
13,133
6,130
10,600
10,943
560
230
1,190
2,850
2,989
1,008
34,019
166,722

11

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2024

7. Employees

Employment costs 2024 2023
£ £
Wages and salaries 116,890 59,206
Pension costs 2,540 1,581
119,430 60,787

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 (2023 - £27,040). Additional pension costs paid were £1,082 (2023 - £1,082). The other trustees were not paid during the year. No employee received emoluments of more than £60,000 (2023 : 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:
2024 2023
Number Number
Trustees 5 5
Administrative 5 4
Other staff 2 1
12 10
Land and Fixtures,
8. Tangible fixed assets buildings **Plant and ** fittings and
freehold machinery equipment Total
£ £ £ £
Cost
At 1 January 2024 1,317,670 237,047 167,839 1,722,556
Additions - 3,430 6,981 10,411
At 31 December 2024 1,317,670 240,477 174,820 1,732,967
Depreciation
At 1 January 2024 433,080 231,355 167,119 831,554
Charge for the year 26,703 3,773 1,636 32,112
At 31 December 2024 459,783 235,128 168,755 863,666
Net book values
At 31 December 2024 857,887 5,349 6,065 869,301
At 31 December 2023 884,590 5,692 720 891,002

12

Hollybush Christian Fellowship

Notes to financial statements for the year ended 31 December 2024

9. Debtors
2024 2023
£ £
Other debtors 22,197 22,966
10. Creditors: amounts falling due
within one year 2024 2023
£ £
Other creditors 3,433 6,599
11. Analysis of net assets between funds
Unrestricted Total
funds funds
£ £
Fund balances at 31 December 2024 as represented by:
Tangible fixed assets 869,301 869,301
Current assets 173,230 173,230
Current liabilities (3,433 ) (3,433 )
1,039,098 1,039,098
12. Unrestricted funds At At
1 January Incoming **Outgoing ** 31 December
2024 resources resources 2024
£ £ £ £
Unrestricted Funds 1,189,323 149,488 )
(303,793
1,035,018
Designated Fund - Mission Fund 4,080 - - 4,080
1,193,403 149,488 )
(303,793
1,039,098

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