COMPANY REGISTRATION NUMBER: 3688146
CHARITY REGISTRATION NUMBER: 1091314
South Bristol Church and Community Trust
Company Limited by Guarantee
Financial Statements
31 March 2024
CHARLTON BAKER
BRISTOL
LTD
Chartered Accountants & statutory auditor
61 Macrae Road. Ham Green, Bristol
BS20 ODD

South Bristol Church and Community Trust
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditor's report to the members
Statement of financial activities (including income and
expenditure account)
ststement of financial position
Notes to the financial statements
12
13
14

Page 1
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law. present their ￿port and the
financial statements of the charity for the year ended 31 March 2024.
Reference and admFnistrative details
Roglstered charity name
South Bristol Church and Community Trust
Charty reglstratlon number
1091314
Company registration number 3688146
Prin¢lpal office and r•gistered The Withywood Centre
office
Que8ns Road
Withywood
Bristol
BS13 8QA
The trust••s
Richard Eddy
Rev Derek Maddox
Rev Patrick Stonehewer
Ms Catherine Adeniyi
Rev Christopher J Dobson
Rev Sally Spencer
Rev Richard Sharples
(Appointed 16 May 2023)
(Resigned 1 September 2023)
Company secretary
Mrs W Russell
Auditor
Charlton Baker (Bristol) Ltd
Chartered Accountants & statutory auditor
61 Macrae Road. Ham Green, Bristol
BS20 ODD
Bankers
Lloyds TSB
Bishopsworth
Knowle Branch
Bristol
8S4 2PY
Sollcltors
Veale Wasborough Vizards
Narrow Quay House
Narrow Quay
Bristol
BS14QA

Page 2
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢onfynued)
Yèar ended 31 March 2024
Structure, governance and management
The charity is constituted as a company limited by guarantee and is therefore governed by a
memorandum and articles of association.
The Company achieved charitable status on 22nd March 2002. The company is limited by guarantee
and has no share capital.
OBJECTIVES AND PUBUC BENEFIT
The charity's object and principal activity continues to be that of a development trust fund fomied to
seNe the communities of south Bristol. The charity continues to benefit the community by providing a
premise from which several agencies provide services which together promote the spiritual. mental
and the physical well being of individuals. The charity provides a fully inclusive pivotal social base
within the BS13 area. beneffting all individuals that may otherwise be isolated or lack any other fomi of
social interaction. The trustees confimi that they have referred to the guidance contained in the
Charity Commission's general guidance on public benefit vthen reviewing the tharitys objectives.
STRUCTURE AND DECISION MAKING
The charity is organised so thal the management board (directorsltrustees) meet regularly to manage
its affairs. The truslees delegate their responsibllities for the day to day administration of the charity to
a Management Board who are employed by SBCCT.
RISK REVIEW
The trustee actively review the major risks which the charity faces on a regular basis and believe that
maintaining reserves at current levels. combined with an annual review of the controls over key
financial systems. will provide sufficient resources in the event of adverse conditions. The trustees
have also examined other operational and business risks faced by the charity and confirm that they
have established controls to mitigate the significant risks.
Objectives and actlvltles
The Trustees are satisfied with the performan￿ of the charity during the year and the position at 31st
March 2024 and consider that the chartty is in a satistsctory position to continue its objectives during
the coming year.
Staffing
Management of the centre continues to fall to the joint centre managers. ably supported by a duty
manager who takes responsibility for the operation of the centre when required. The latter has now
completed fomial accounting qualifications. and we plan for him to take over production of the Trust's
accounts when the current book-keeperfs fixed-term Gontract comes to an end in 2025.
There were two staff changes in the Centre's café during the year. with the new team members
contributing significantly to this key aspect of the day-to-day offer of the Centre's hospitality.
Centre Development
We continue to engage the community and the private sector with an aim to maximize Centr8 usage
and promote awareness of Ihe Centre. Routine use of the building is near capacity.
Sorvices for th• Community
The centre is now a thriving, well established and highly valuable community asset accommodating
numerous groups which offer a diverse rdnge of activities and services. These in¢lu(le groups that
promole mental and physical health through person81 fitness and leisure, as well as education.

Page 3
South Bristol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) Icontlnu
Year ended 31 March 2024
Objectives and activities (¢ontlnued)
Fundraising
The Centre does not currently undertake any fundraising activities with the general public and has not
signed up lo the Fundraising Regulator.
Achlovemerrts and perfomiance
Renewal of the lease for the second floor (for Sirona Care and Health) was concluded early in 2024.
thanks to the support of a Commercial Surveyor. The increased Servi￿ charge from this will help to
defray continuing pressures on utility costs faced by the centre.
Following fvrther review, it was decided not to offer private evening parties including a bar as this is no
longer cost effective. children's parties continue as these are valued by the community, but prices for
these were increased to cover the incr8asing utility and stsffing costs.
Flnancial review
The net outgoing resources for the period were £27,979 (2023: £5,302) resulting in accumulated funds
carried forward of £3.363,660 (2023.. £3,391,639), of which £294,580 (2023.. £3CE,576) are
unrestricted ftjnds. The unrestricted funds are considered to represent the free reserves at the year
end and at current actmty levels represent approximately 8 months of staffing and operating costs.
This level of funds falls within the parameters set by the the trustees in the Reserves Policy (see
below) and they will aim to maintain uncornmitted reserves at the level set by the policy going forward.
Reserves policy
Due to uncertainty in the overall economic position across the UK, the Directors and Trustees
reviewed and revtsed the Trusvs reserves policy during the year so that unrestricted funds not
otherwise committed nor invested in tsngible fixed assets held by the charity should be equivalent to
eight to ten months. anticipated expenditure in the following financial year. They consider that this will
give the charty sufficient unrestricted funds to continue current activities in the event of a significant
reduction in funding.

Page 4
South Bristol Church and Community Trust
Company Limlted by Guarantee
Trustees. Annual Report {Incorporating the Directorfs Report) (conthuéd)
Year ended 31 March 2024
Plans for future periods
The Management team agreed that it is not cost effective to ￿sume private evening parties including
bar. The cost of children's parties increased to cover the increasing utility and wage costs. The
Duty Manager will monitor this and adjust the prices accordingly as we feel it is a valued community
asset for families to afford.
The Duty Manager has two more units to complete for his Level 3 AAT qualification. The cu￿ent
bookkeeper will be implementing a training programme for the accounting procedures such as pay roll
and year end. The r￿ed term contract for the bookkeeper ends in September 2025 after ￿lch all
accounts will be perfomied by the Duty Manager. Unfortunately. one of the new café members of staff
employed in April did not work out and she handed in her notice. The other staff member taken on at
the same time has proved to be a great addib'on to the team. especially with her cooking abilities. We
have received lots of positive feedback about the general atmosphere within the café. A third
member of catering staff volunteered during December and was officialty employed in January. Sh8
will be mainly covering the lunch lime peri¢)d.
Negotiations have tak8n for some time regarding the renewal of the lease for th8 Second floor for
Sirona Care and Health. The Admin Manager has been assisted by a Commercial Surveyor and is
hopeful that the lease will be agreed soon with a substantial increase in both rent and service charge.
The increased service charge will contribute towards the ever-increasing utility costs faced by the
centre. As the lease expired in April 2022 the new costs will be backdated. The new lease is also
for len years.
Trust••s' responsibilities stalement
The trustees. who are also directors for the purposes of company law. are responsible for preparing
the trustees, report and the financial stalements in accordan￿ with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resour￿ and
application of resources. including the income and expenditure, for that period.
In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the applicable Charities SORP;
make judgments and accounting estimates that are reasonable and prudent.
prepare the financial statements on the going con￿rn basis unl8SS It is inappropriate to presume
that the charity will continue in business.
The twstees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuraty at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.

South Brlstol Church and Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report} (eonllnued)
Year ended 31 March 2024
Page 5
Auditor
Each of the persons who is a trustee at the dale of approval of this report confirms that.,
so far as they are aware, there is no relevant audit Inforniation ol whlch the chartvs audllor is
unaware" and
thèy have taken all steps that they ought to have taken as a trustee to make thèmselves aware of
any relevant audit infomalion and to establish that the charity's auditor Is aware of that
information.
The auditor is deemed lo have been re-appointed in accordance with seclion 487 of Ihe Companies
Act 2006.
Small company provislons
This report has been prepared in accordance with th8 provisions applicable to companies entitled lo
the small Companies exemption.
The trustees. annual report was approved on 26 November 2024 and signed on behalf of the board of
trustees by:
Richard Eddy
Trustee
Rev Patrick Slonehewer
Trustee

Page 6
South Bristol Church and Community Trust
Company Llmited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Communlty Trust
Year ended 31 March 2024
Oplnlon
We have audited the financial statements of South Bristol Church and Community Trust (the 'charity')
for the year ended 31 March 2024 which comprise the statement of financial activities (including
income and expenditure account), statement of financial position and the related notes, including a
summary of significant accounting policies. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The
Financlal Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Prdctice).
In our opinion the financial statements:
give a true and fair vlew of the state of the charity's affairs as at 31 March 2024 and of its
incoming resources and application of resources, including its income and expenditure. for the
year then ended.
have been properly prepared in accordance with United Kingdom Generdlly Accepted
Accounting Prdctice.
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnlon
We conducted our audit in acwrdan¢e with International Standards on Auditing (UK} {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditorfs
responsibilities for the audit of the financial ststements section of our report. We are independent of
the charity in accordance wth the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance wilh these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements. we have concluded that the trustees, use of the going concem
basis of accounting in the preparation of the financial ststements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charitys ability
to continue as a going concem for a period of at least ￿e1ve months from when the financial
ststements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going COn￿M are described
in the relevant sections of this report.

Page 7
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (conllnu8d)
Yoar ended 31 March 2024
Othor inforniation
The other information comprises the infomiation included in the annu81 report. other than the financial
ststements 8nd our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other infomiation 8nd, except to the extent
otherwise explicitly stated in our report, we do not express any form of 8ssur8nce conclusion thereon.
In connection with our audit of the financial ststements, our responsibility is to read the other
information and. in doing so. consider whether th8 Other infonnation is materially inconsistent with the
financial statements or our knowledge obtsined in the audit or otherwise appears to be msterially
misstated. If we identify such material inconsistencies or apparent material misstatements. we are
required to detennine whether there is a material misstatement in the financial ststemenls or a
material misstatement of the other information. If, based on the work we have perfonned, we conclude
that there is a material misstatement of this other information, we are required to report that fact,
We have nothing to report in this regard.
Oplnlons on other matters pr•scribed by the Companles Ad 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements. and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by •xc•ption
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit. we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you rf, in our opinion:
adequate accounting records have not been kept. or returns adequate for our audit have not
been receiv8d from branches not visited by us: or
the financial ststements are not in agreement with the accounting records and retums; or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not re￿iVed all the infonnation and explanations we ￿qUIre for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the sm811 companies, exemptions in preparing the
directors. report and from the requirement to prepare a strategic report.

Page 8
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditorfs Report to the Members of South Bristol Church and
Community Trust (continued)
Year ended 31 March 2024
Responslbllttles of trustees
As explained more fully in the trustees. responsibilities ststement, the trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view. and for such inlemal control as
the trustees delemiine is necessary to enable Ihe preparation of financial statements that are free
from material misstatement. vthether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's ability to
continue as a going concem. disclosing. as applicable, matters related to going concem and using Ihe
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations, or have no realistic altemative but to do so.

Page 9
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (continued)
Year ended 31 March 2024
Auditorfs responsibiliti•s for the audlt of the financlal statements
Our objectives are to obtain ￿aSonable assurance about whether the financial ststements as a whole
are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordance with ISAS {UK} will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the
aggregate, they could reasonably be expected to influence the ewnomic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibililies. oullined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures a￿ capable of detecting
irregularities, including fraud is detailed below-
Key audlt matters: our assessment of risks of material mlsstslement
Key audit matters are those matters that in our professional judgement were of rnost significance in
the audit of the financial statements and include the most significant assessed risks of material
misstatement (whether or not due to fraud) identified by us, including those ￿lch had the greatest
effect on: the allocation of resources in the audit, and directing the efforts of the engagement team.
There are no key areas identified as the audit is very low risk with nomal audit procedures adequate
in all audit areas.
We agreed to report to the board of trustees any corrected or uncorrected identified misstatements.
Fraud and breaches of lawJ and regulatlons - ability to dotect
Identlfylng and reporting of risks of materlal mlsstatement due to fraud
To identify risks of material misststement due to fraud we assessed events or conditions that could
indicate an incentive or pressure to commit fraud or provide an opportunty to commit fraud. Our risk
assessment procedures induded:
Enquiring of finance manager and trustees and inspection of key papers provided to those
charged with govemance as to high level policies and procedures to prevent and detect fraud
Reading board minutes
We communicated idents'fied fraud risks throughout the audit team and remained alert to any
indications of fraud throughout the audit.
As required by auditing standards and taking into account possible pressures lo meet targets and our
overall knowledge of the control environment, we perfomi procedures to 8ddress the risks of
m8nagement override of controls. To address the pervasive risk as it relales to management override.
we identified joumal entries to test to supporting documentstion.
Identifying and respondlng to rlsks of material misstatement due to non-compliance with laws
and regulatlons
We identified areas of laws and regulations that could reasonably be expected to have a material
effect on the financial statements from our general commercial and sector experience and through
discussion with the general manager and trustees. As the charity is regulated, our assessment of risks

Page 10
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust (conllftued)
Year ended 31 March 2024
involved gaining an understanding of the control environment including the entity's procedures for
complying with regulatory requirements.
We communicated identified I8V￿ and regulations throughout our team and remained alert to any
indications of non-complian￿ throughout the audit.
The potential effect of these laws and regulations on the financial statements varies considerably.
Firstly. the charity is subject to laws and regulations that directly affect the financial statements
including financial reporting regulation (including related compantes. regulation). taxation legislation
(payroll tsxes) and pension legislation and we assessed the extent of compliance with these laws and
regulations as part of our procedures on the related financi81 statements items.
Secondly, the charity is 5ubjecl to many other laws and regulations where the consequence of
non-compliance could have 8 material effect on amounts or disclosures in the financial statements. for
instance through the imposition of fines or litigation. We identified the following areas as those most
likely to have such as effect: Health and safety laws. Auditing standards limit the required audit
procedures to identify non-compliance with these laws and regulations to enquiry of management and
trustees and inspection of regulatory and legal correspondence. if any. Therefore, if any breach of
operational regulations is not disclosed to us or evident from relevant correspondence. an audit will
not detect that breach.
Context of the ablllty of the audit to detect fraud or breaches of law or regulation
Owing to the inherent limitation of an audit, there is an unavoidable risk that we may not have detected
some material misststements in the financial statements, even though we have properly planned and
perfonned our audit in accordance with auditing standards. For example. the further removed
non-compliance wÉth laws and regulations is from the events and transactions reflected in the financial
statements, the less likely the inherently limiled procedures required by auditing standards would
identify it.
In additions. as with any audit. there remained a higher risk of non-detection of fraud. as these may
involve collusion. forgery. intentional omissions. misrepresentations. or the override of internal
ontrols. Our audit procedures are designed to detect material misstatement. We are not responsible
for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all lav
and regulations.
As part of an audit in accordanGe with ISAS (UK}. we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements. whether due to
fraud or error. design and perform audit procedures responsive to those risks. and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error.
as fraud may involve collusion. forgery. intentional omissions, misrepr8S8ntations. or the override
of internal control.
Obtain an understanding of intemal control relevant to the audit in order to design audit
procedures that are appropriate in the Circumstsnces, bLrt not for the purpose of expressing an
opinion on the effectiveness of the intemal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.

Pago 11
South Bristol Church and Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of South Bristol Church and
Community Trust {conUnu¢d)
Year ended 31 March 2024
Conclude on the appropriateness of the trustees. use of the going ¢oncem basis of accounting
and. based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concem. If we conclude that a material uncertainty exists. we are required to draw attention in
our auditofs report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditorfs report. However, future events or conditions may cause the charity
to cease to continue as a going concem.
Evaluate the overall presentation. structure and content of the financial stalements. including the
disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
We communicate with those charged with govemance regarding. among other matters. the planned
scope and liming of the audit and significant audit findings. including any significant deficiencies in
intemal control that we identify during our audit.
Use of our report
This report is made solely to the charitys members. as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charity's members those matters we are required to stste to them in an auditorfs report and for no
other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to
anyone other than the charity and Ihe charity's members as a body, for our audit work. for this report,
or for the opinions we have fomied.
Paul Cridland Bsc FCA (Senior Statutory
Auditor)
For and on behalf of
Charlton Baker (Bristol) Ltd
Chartered Accountants & statutory auditor
61 Macrae Road,
Ham Green.
Bristol
BS20 ODD
26 November 2024

Page 12
South Bristol Church and Community Trust
Company Limited by Guarantee
Statement of Financial Actlvlties
{including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Totsl funds
2023
Unrestricted
funds
Nol¢
Income and •ndowments
Donations and legacies
Charitable activities
Investment income
31,000
391,826
7.939
452.823
5.498
452,823
6,408
910
Total income
458,321
910
459.231
430.765
Expenditure
Expenditure on charitable activities
Total expenditure
439,457
64,973
504.430
441.640
439.457
64,973
504A30
441.640
Net gains on inveslments
10
17.220
17.220
5,573
Net expenditure
36.084
(64,063}
{27,979)
{5,302)
Transfers between funds
(48,080)
48.080
Net movement in funds
(11,996)
(15.983)
(27,979)
(5,302}
Reconciliation of funds
Total funds brought fonNard
Total funds carried forward
306,576
3,085,063
3,391.639
3.396.941
294,580
3.069.080
3,363,660
3,391,639
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 14 to 25 form part of these financlal statements.

South Bristol Church and Community Trust
Company Limited by Guarantee
statement of Financial Positlon
Page 13
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed asse15
Investmenls
14 3,065,726
15
181,993
3.030,860
189.773
3,247,719
3,220.633
Current assels
Stocks
Debtors
Cash at bank and in hand
16
17
1,622
126,948
35,944
1.851
138,677
78,539
164,514
219,067
Creditors: amounts falllng due within one year
Net current assets
18
48,573
48,061
115,941
171,006
Total assets less current liabilities
3,363,660
3,391,639
Net assets
3,363,660
3,391,639
Funds of the charity
Restricted funds
Unrestricted funds
3,069.080 "3,085.063
294,5801 306,57
20 3,363.660
3.391,639
Total charity funds
These financial statements have been prepared in accordan￿ with the provisions applicable to
companies subject to the small companies. Yegime.
These financial statements were approved by the board of trustees and authorised for issue ¢)n 26
November 2024, and are signed on behaw oflhe board by..
Richard Eddy
Trustee
Rev Palrick Stonehewer
Trustee
The notes on pagos 14 to 25 form part ol thgse financlal stalemÈnts.

Page 14
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General inforniatlon
The charity is a public benefit entity and a private Company limited by guarantee. registered in
England and Wales and a registered ch8rity in England and Wales. The address of the
registered office is The Withywood Centre. Queen5 Road. Withywood. Bristol, BS13 8QA.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, Trie Financial
Reporting Standard applicable in the UK and the Republic of Ireland.. the 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) (Charities
SORP {FRS 102>) and the Companies Act 2006.
Accounting pollcles
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no Material uncertainties about the charity's ability to continue.
Disclosure exemptions
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include
a cash flow statement on the grounds that it is applying FRS 102 Section 1A.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect Ihe amounts reported. These estimstes and judgements
are continually reviewed and are based on experience and other factors. including expectations
of future events that are believed to be reasonable under the ¢ir¢umstanGes. We can confirm that
there are no critical judgements or estimates to note.

Pago 15
South Bristol Church and Community Trust
Company Llmited by Guarantee
Notes to tho Financial Statements (¢ontInu￿)
Year ended 31 March 2024
Accounting policies (continuedj
Fund accounting
Unrestricted income funds
These are funds which can be used in accordance with the charitable objects at the discretion of
Ihe trustees.
Restricted income funds
Incoming resources in the form of grants and project income are treated as restricted on the
basis that they have been re￿iVed for specific purposes as laid down by the donor. Expenditure
that meets these criteria is identified lo the fund. together with a fair allocation of salaries and
overhead costs. Where projects are substsnti811y funded from ￿Stricted income, any surplus
funding will be carried forward as 8 restricted fund.
Incoming r•sourcg¥
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity. it is probable that the economic benefits associated with the transaction
will flow to the ch8rity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised ￿en receipt is probable and entitlement is estsblished.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are reGognised in the
accounts when received rf the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the suppty of services is recognised with the delivery of the
contracted service. This is classified as unrestricled funds unless there is a contractual
requirement for it to be spent on a particular purpose and retumed if unspenl. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals 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.
Costs of generating funds comprise the costs associated with attracting voluntsry income.
Charitable expenditure ￿MPriseS those costs incurred by the Charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature to support them.

Page 16
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements {contlnued)
Year ended 31 March 2024
Accounting policles (continued)
Tangiblo assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic lrfe of that asset as follows..
Leasehold Property
Fixtures & Fittings
Equipment
Over the remaining life of the lease
Straight line over 10 years
Straight line over 4 to 5 years
Investments
Unlisted equity investrnents are initially recorded at cost. and subsequently measured at fair
value. If fair value cannot be reliably measured. assets are measured at cost less impainnent.
Listed investments are measured al fair value with changes in fair value being recognised in
income or expenditure.
Impaimient of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
Stocks
Stocks are valued at the lower of cost and net realisable value. after making due allowance for
obsolete and slow moving items. on a FIFO basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs. unless the arrangement constitute5 a financing transaction, where
it is recognised at the present value of the future payment5 discounted at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.

Page 17
South Bristol Church and Community Trust
Company Limited by Guarantaé
Notes to the Financial Statements (eontlnu•d)
Year ended 31 March 2024
Accounting policies (contlnued)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in vthi¢h
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholty within 12 months of the end of the
reporting date in which the employees render the related service. the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
The company is limited by guarantee. In the event of a winding up. each trustee is limited to pay
£1 each. As at 31 March 2024 the number of trustees was 8 (2023: 8).
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Grants
Bristol City Council
Voscur
30.000
1,000
30.000
1,000
31,000
31,000
Bristol City Council grant incorne represents COVID 19 leisure restart grants.
Charitablg adivities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rent & rechargeables
Service Charge
Room hire
Cafe & catering
Other income
65,897
246.723
57,076
75,972
7,155
65,897
246,723
57,076
75.972
7.155
31.679
234.668
55.748
63.340
6.391
31.679
234.668
55.748
63.340
6.391
452,823
452.823
391.826
391.826
Inveslment incom•
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Income from listed investments
Bank interest receivable
5,498
910
910
5,498
910
6,408

Page 18
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (contlnu•dJ
Year ended 31 March 2024
Investment income (eofttlnu
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Income from listed investments
Bank interest receivable
5.498
5.498
2.441
2.441
5.498
2.441
7.939
Expendlture on charltable activitias by fund typa
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Staff costs
Premises costs
Office costs
Repairs and Maintenance
Other costs
Café expenses
Rechargeables
Professional fees
Finance costs & Charges
Depreciation
170.422
109.189
10,316
39,459
1,547
90,009
4,859
12,452
1.204
170,422
109.189
10.316
39,459
1,547
92.572
4,859
12,452
1,204
62,410
2.563
62.410
439,457
64,973
504,430
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Staff costs
Premises costs
OfFice costs
Repairs and Maintenance
Other costs
Café expenses
Rechargeables
Professional fees
Finance costs & Charges
Depreciation
159.871
69.212
11.757
50,087
2,600
69.928
6,269
13,944
1,162
159.871
69,212
11,757
50.087
2,600
72.137
6.269
13.944
1.162
54.601
2.209
54.601
384.830
56,810
441,640

Page 20
South Bristol Church and Community Trust
Company Limitod by Guarantee
Notes to the Financial Statements (¢ontinuedJ
Year ended 31 March 2024
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
Social security Costs
Employer contributions to pension plans
206,910
11,690
3,998
222,598
189.289
10,501
3.786
203.576
The average head count of employees during the year was 9 {2023: 9). The average number of
full-time equivalent employees during the year is analysed as follows:
2024
No.
2023
No.
Management & administrative staff
Project staff
No employee received employee benefits of more than £60.000 during the year (2023: Nil).
Key Managemerrt Personnel
Key management personnel include all persons that have authorsty and responsibility for
planning. directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £70,205 (2023:£69,485).
13. Trustee remuneration and expenses
No remuneration or other benefts from employment with the charity or a ￿lated entity were
re￿iVed by the trustees.
No payments We￿ made during the year in respect of trustees, expenses.

Page 21
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements l¢ortlnued)
Year ended 31 March 2024
1& Tanglble flxed assets
Land and Fixtures and
buildings
fittings
Equipment
Total
Cost
At 1 April 2023
Additions
4,761,341
137.756
,072
423,356
9,766
5,322,453
99,838
5.422.291
At 31 March 2024
4.761,341
227,828
433,122
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
1,871.741
28.585
126,583
11,684
293,269
24.703
2,291,593
64.972
1,900,326
138,267
317.972
2,366,565
Carrylng amounl
At 31 March 2024
2.861.015
89.561
115,150
3,065,726
3.030.860
At 31 March 2023
2,889,600
11,173
130,087
Capital commitments
2024
2023
Contracted for but not provided for in the financial statements
105.966
15. Inveslments
Llsted
investments
Cost or valuation
At 1 April 2023
Additions
Disposals
Fair value movements
189.773
{25,000>
17,220
181,993
At 31 March 2024
Impairnient
At 1 April 2023 and 31 March 2024
Carrying amount
At 31 March 2024
181,993
At 31 March 2023
189.773
All investments shown above are held at valuation.
Financial assets held al falr value
The fair value of listed investments is determined by reference to the quoted price for identical
assets in an active market at the balance sheet date.
Investments at fair value compromises of securities,

Page 22
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financlal Statements (Contlnuèdj
Year ended 31 March 2024
16. Stocks
2024
2023
Raw materials and consumable5
1,622
1,851
17. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
7,435
119,513
126,948
9,233
129,444
138,677
18. Credltors: amounts falling due within one year
2024
2023
Trade ereditors
Accruals and deferred income
Social security and other taxes
Other creditors - payments received on account
Other creditors
13,436
16,981
4,519
1,495
12.142
16.851
13.551
3.843
1,496
12,320
48,573
48.061
19. Penslons and othèr post r•tirement boneflts
Deflned contrlbutlon plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £3,998 (2023: £3,786).
20. Analysis of charltsble funds
Unrestrlcted funds
At
Gains and 31 Mar 202
losses
At
1 Apr 2023
Income Expenditure
Transfers
General funds
306,576
458,321
(439,457) (48,080)
17.220
294,580
At
Gains and 31 Mar 202
losses
At
1 Apr 2022
Income Expenditure
Transfers
General fijnds
257.509
428.324
(384,830)
5.573
306.576

Page 23
South Bristol Church and Community Trust
Company Limited by Guarantee
Notas to the Financial Statements (¢onlinued)
Year ended 31 March 2024
20. Analysis of charitable funds (¢ontinued)
Restrictsd funds
At
Gains and 31 Mar 202
losses
At
1 Apr 2023
Income Expenditure
Transfers
Capitsl Build
Project
Capital Repairs
Steering Group
3.030.860
50,848
3,355
(64,973)
99,838
(51.758)
3,065,725
910
3,355
3.069,080
3.085.063
910
(64,973}
48,080
At
Gains and 31 Mar 202
losses
At
1 Apr 2022
Income Expenditure
Transfers
Capitsl Build
Project
Capital Repairs
Steering Group
3,063,052
73,025
3,355
(56,810)
24.618
(24.618)
3,030,860
50,848
3.355
2,441
3.139.432
2,441
{56.810)
3.085.063
Transfers
The transfer from the Capital Repairs fund to the Capital Build Project fund y￿S Ihe purchase of
a number of fixed assets during the period.
Capltal Build Project
This represents the net book value of the building. fixtures and fittings and all capttsl equipment
within the Cent￿ as at 31 March 2024.
Capital Repairs
This is the balance of the Capitsl Build funds which is held within high interest deposit accounts
and is used for capital equipment purchase and replacement.
Steerlng Group
This fund represents funds raised through activities of the steering group less any costs incurred
and is to be used for the benefit of the Withywood Centre.

Page 24
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements {contlnuod)
Year ended 31 March 2024
21. Analysis of net asgels between funds
Unrestricted
Funds
Restricled Totsl Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
3,065.726
3.065,726
181,993
164.514
(48,573)
3.363.660
181,993
161,160
(48,573)
294.580
3.354
3.069.080
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Nat assots
3.030,860
3.030,860
189,773
219.067
(48,061)
3.391,639
189,773
164.864
(48.061)
306.576
54.203
3.085.063
22. Financlal Instruments
The carying amount for each category of financial instrument is as follows..
2024
2023
Financial assets measured at fair value through income and expenditure
Listed investments
181,993
189.773
The net gains attributable the charity's financial assets measur8d at fair value through net
expenditu￿ was £17,220 (2023 - gains £5,573).
23. Operating lease commitments
AS lessor
The total future minimum lease payments receivable under non-cancellable operating leases are
as follows:
2024
2023
Nol later than 1 year
Later than 1 year and not later than 5 years
13,574
,172
13,574
19,746
19,746
33,320

Page 25
South Bristol Church and Community Trust
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2024
24. Related parties
Withywood Church is a foundation81 element of South Bristol Church and Community Centre.
The church is ecumenical, with one minister from the Church of England and a second from the
Methodist Church. Both ministers sit on the Trustee Body by virtue of their position. and
declared a confiict of interest when de81ing with the proposal to waive the church's contribution to
the service fees for 2023-24 of £15,646 (2022-23: £14.779).
This proposal was made by the management team. then discussed and agreed solety by the
remaining Trustees.
These include representatives of the DI0￿Se of Bristol {Church of
England), the Bristol & South GIoU￿sterShIre Circuit (Methodist Church). and a local councillor.
The decision to waive the fees was based on the financial position of Withywood Church. which
meant that it was not in a position to make the payment and would have become insolvent had
the payment been made. The opportunity for the church to raise its own funds is ￿StrIcted
because of its position within the Centre which significantly limits income through property
lettings. a typical source of income for other churches.
Without the church's foundational involvement. the Trust would be at significant risk of folding, so
Ihe Trustees agreed that the service charge should be waived. The Diocese and Circuit
continue to review the financi81 set up for Withywood Church. to consider how to resolve this
matter in the longer temi.