## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **CHARITY NO: 1095085 COMPANY NO: 04430106** AUKER RHODES PROFESSIONAL SERVICES LLP Chartered Accountants YEADON **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **CONTENTS** ||**Page**| |---|---| |Company Information|1| |Report of the Directors and Trustees|2 – 6| |Statement of Directors and Trustees Responsibilities|7| |Independent Examiner’s Report|8| |Statement of Financial Activities|9| |Balance Sheet|10 – 11| |Notes to the Financial Statements|12 – 19| |Detailed Statements of Financial Activities:|| |Unrestricted Funds|20 – 21| |Building Funds|22| |Other Restricted Funds|23 - 24| **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **COMPANY INFORMATION** |LEGAL STATUS|:|A Company limited by guarantee not having a share| |---|---|---| |||capital. The governing instrument is the Company’s| |||Articles of Association. The Company is a registered| |||Charity.| |DIRECTORS AND TRUSTEES|:|I. Ravens| |||D. Straughton| |||A. Davies (resigned 04-07-23)| |||K Scott (resigned 31-03-23)| |||Da-Ebue Alfred| |||Mrs N M Rhodes| |SECRETARY|:|I. Ravens| |REGISTERED OFFICE AND|:|Brigade House| |PRINCIPLE ADDRESS||Brigade Close| |||Harrow| |||Middlesex| |||HA2 0LQ| |REGISTERED CHARITY NUMBER|:|1095085| |COMPANY NUMBER|:|04430106| |SOLICITORS|:|Hill Hofstetter Ltd| |||Trigen House| |||Central Boulevard| |||Blythe Valley Park| |||Solihull| |||B90 8AB| |ACCOUNTANTS|:|Auker Rhodes Professional Services LLP| |||Chartered Accountants| |||Basement Floor| |||Focus House| |||Focus Way| |||Yeadon| |||LS19 7DB| |BANKERS|:|Barclays Bank Plc| |||355 Station Road| |||Harrow| |||Middlesex| |||HA1 2AN| Page 1 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** The Directors and Trustees present their Report and Financial Statements for the year ended 31 March 2023. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **CHARITY NO:** 1095085 **COMPANY NO:** 04430106 The Charity operates from its registered office at Brigade House, Brigade Close, Middlesex, HA2 0LQ. The Directors and Trustees who served during the year are: I. Ravens D. Straughton Mrs K Scott (Resigned 31.03.23) A. Davies (Resigned 04.07.23) Da-Ebue Alfred Mrs N M Rhodes ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity’s legal status is that of a Company Limited by Guarantee and is governed by the Company’s Articles of Association. Trustees are appointed by members of the company at Annual General Meetings or Extraordinary General Meetings. Trustees have the power to fill casual vacancies subject to approval at subsequent Annual General Meeting. ## **AGENTS AND ADVISERS** The Solicitors of the Charity are Hill Hofstetter Ltd, of Solihull. The Accountants of the Charity are Auker Rhodes Professional Services LLP, Chartered Accountants and Registered Auditors, of Yeadon. ## **OBJECTIVES AND ACTIVITIES** The objective of the charity is the advancement of the Christian faith in accordance with the doctrines and practices laid out under the "Statement of Beliefs" in the Memorandum of Association. Our vision as a local church is to be a growing international family of worshipers devoted to Jesus Christ, knowing him, and making him known, and to be a compassionate presence in the local community, serving those around us in practical and caring ways. We aim to provide as many opportunities as possible for all people in the area to learn and benefit from the teaching of the Bible and the Christian message. With this in mind, we strive to be a church which is international in outlook and inclusive of people from different cultural and ethnic backgrounds, thus reflecting the diverse makeup of the population of Harrow. The trustees have complied with their duty to have due regard to the guidance on Public Benefit published by the Charity Commission in exercising their powers or duties . Throughout this financial year, the church has continued to meet regularly for worship, teaching, and prayer. Meeting formats have included: - Public meetings of the whole church on Sunday mornings advertised on our website and held on two sites at Vaughan Primary School and our building on Princes Avenue, Kingsbury - Midweek life groups continued to meet in which each church member can participate, develop friendships, and receive pastoral support. - Afternoon intercession meetings every other Friday at Brigade House. Page 2 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **OBJECTIVES AND ACTIVITIES Cont.** - A monthly online Friday evening prayer meeting. - Online youth meetings every fortnight on Friday evenings. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Sunday Meetings** We have continued to hold public meetings every Sunday morning for worship and teaching from the Bible at Vaughan Primary School, and our Kingsbury venue. To emphasise we are one church, we arranged for both congregations to come together monthly on one of the Sundays as a celebration in the months of April and May. From June onwards we conducted joint Sunday meetings at only one venue as it was becoming increasingly difficult to staff the worship and PA tech teams at both venues. Our teaching programme was designed to foster spiritual growth and faith as well as to inspire vision and provide encouragement for both the individual and the corporate church. We covered several series throughout the year including ‘God’s Good News for the World’ (Paul’s Letter to the Romans), ‘A Heart after God (Life of King David)’ and ‘Holiness & Hope’ (First Letter of Paul to the Thessalonians). Presentation of the Gospel for the benefit of those new to or outside of the Christian faith is also a regular feature in our meetings. We gave opportunity for people to respond to the message that had been given and we also offered prayer for healing of the sick. We also invited visiting speakers to preach on subjects in line with our values and vision. We also took Communion together (once every six weeks or so) on Sundays as part of our service. Arrangements were in place for children’s activities to be available at most of our Sunday morning services during part of the service. All those who serve as teachers and helpers on our children’s work and your work teams are DBS checked. ## **Church and Community Activities** We held an Easter Sunday Service at both venues in April 2022. We held a Christmas Carol Service at Vaughan Primary School for the whole church to which visitors were invited and over the Christmas period we also hosted a film evening at Brigade House, an evening of board games, two craft workshops making Christmas decorations and a fruit platter centre piece, and a New Years Day walk at Ruislip Lido. All these events were open to visitors with the aim of building friendships. Our mid-week small groups offered regular online or face to face meetings throughout the year with opportunities to catch-up, worship and prayer together. Some groups offered a weekly gathering, others fortnightly. This helped keep a sense of community and looking out for one another. In May 2022 we started a course consisting of 8 weekly midweek sessions for everyone in the church at Brigade House entitled ‘Naturally Supernatural’. The aim of the course is to help equip believers in a better understanding of the Kingdom of God, their identity as sons and daughters, and living everyday life as followers of Christ. The sessions consisted of video teaching with the subsequent opportunity for discussion and prayer. Our youth club for eleven- to sixteen-year-olds continued to meet monthly on Friday evenings. The purpose of these meetings is to facilitate the development of friendships and discipleship. Also, on most Sunday mornings there was an opportunity for this age range to receive teaching from the Bible, separately from the main meeting. Page 3 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **ACHIEVEMENTS AND PERFORMANCE Cont.** ## **Kings’ English Class** Marta Biggart, a qualified and experienced ESOL teacher, is employed to offer weekly term-time English classes from 1 to 3pm on a Monday at Brigade House. Maximum attendance was 13 and average attendance was 8 throughout the year. Nationalities of those who came were Sudan, Iran, South Korea, China, Hong Kong, Colombia, Romania, Russia, and Ukraine. The level of the students was from Pre-Intermediate to Intermediate In the first term Marta also held ESOL classes with help from other church members at our Kingsbury venue. Unfortunately, the classes ceased when the venue closed in September 2022. There were 10 people on the register consisting of people from Afghanistan, Russia, Romania, Somalia, Syria, and Kuwait. Average attendance each week was 8. Most of the Afghani ladies had very low or no literacy skills, so the classes were split into two groups to be able to help the Afghani ladies to learn the English alphabet and to write simple words in English. The class was very much appreciated by the local community and the groups worked well together. The English class is a place where people come to learn and improve their English language skills but also a place where cross cultural friendships are formed and consolidated so those who are distressed can find love and acceptance. It is also an opportunity to introduce Christianity. Christmas and Easter are special occasions when Bible stories are presented, a meal is provided, and Christian literature is given to the students. This year some of the students attended events organised by the church such as making a fruit platter and Christmas decorations and our Christmas carol service. ## **Support for People with Mental Health Challenges** Cliff Nelson, one of the elders at King’s Church Harrow, received training back in 2012 as a faith visitor from the Harrow Mental Health Service at Northwick Park Hospital. This role primarily involves responding to individual patient requests to see a Christian faith visitor on the Eastlake and Fernley mental health wards at Northwick Park Hospital, as well as providing faith materials for patients, especially to cover Christmas and Easter time. From April 2022 to end of March 2023 we saw an increase in requests for visits. Cliff continued to make one-time visits to patients on request but was also encouraged by the ward occupational therapists to have repeat visits with certain patients to help assist their recovery. This included: visiting one patient for once a week for three weeks, another patient once a week for nine weeks, another once a week for seven weeks, and another patient once a week for six weeks. ## **Ministry to the Poor** For the fourteenth year running we worked in partnership with other churches in Harrow through a local charity we set up in the name of FirmFoundation, seeking to meet the needs of those who are homeless in the borough. Julian Saunders, one of our members, is employed full-time as Charity Manager by FirmFoundation. ## **Tot’s Group** The toddler group at Kingsbury continued to thrive in the first part of the year with many new families trying us out or attending regularly. We would regularly have between 12 - 16 children attending. It was with great sadness for all concerned that we had to close the group in July 2022 because we had to vacate the premises in September. We had built up some good relationships with the mums and so it was with this in mind it was decided to start a new toddler group at Brigade House at the end of September 2022. An advertisement was placed in the Families information service which is where mums can look to find toddler groups. We also emailed a few churches in the area to inform them we were starting a group. This area of Harrow is very well served by toddler groups, and Alison Theobald, manager of the group, had checked out, from the FIS site, which days other groups held their sessions. Fortunately, no one else opened on a Wednesday afternoon, which was the only time Alison, and her helpers could run the group. Page 4 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE DIRECTORS AND TRUSTEES** ## **ACHIEVEMENTS AND PERFORMANCE Cont** ## **Tot’s Group Cont.** We started with a very slow trickle of people. Comments from parents indicated that they were unaware of the building and the existence of a toddler group due to its hidden location. One of the mums from Kingsbury came across each week, and we had another mum who seemed to attend every toddler group in the area. She told many people about us because she liked us so much. The period before Christmas we averaged an attendance of 4 to 5 families a week. Numbers were still low the following January but increased by February half term to 9 children on a couple of occasions which we found to be quite crowded. It was felt these two busy sessions had put some people off as they enjoyed the quieter atmosphere, so numbers dropped through to March. By the end of the financial year we had a core of 7 children who were brought along by dads, grandads, and mums. Throughout the year we have been able to build up relationships with the carers and have seen the children develop and gain confidence over the time they have been attending our group. We usually provide an art/craft activity each week, particularly for special occasions such as Christmas, Easter, Mother and Father’s Day. In addition, we provide a healthy snack and drink and read or tell a story. The session is normally ended with some singing. ## **Fitness Classes** We continued to host fitness classes at Kingsbury for the first quarter only. Two classes were held each week, one was for cardio conditioning, the other was freestyle Pilates. They were open to both church members and the local community. The classes ceased when the trainer was no longer available, and it had also become clear that we were to vacate the premises in September. ## **Cariad Baby Bank** The baby bank set up last year has continued working with professionals such as midwives, social workers, children’s centres, and others who make tailored referrals for the neediest young families in Harrow. Since its inception, Cariad Baby Bank has completed 285 such referrals. The items provided include adult and child toiletries, baby food, mattresses and bedding purchased from monetary donations received specifically for the baby bank together with funds transferred from our General Fund as well as second-hand baby equipment and children’s clothing supplied by the wider community. Five regular volunteers work for the baby bank using accommodation at Brigade House. The exclusive use of another room over the past 12 months has greatly enhanced the work, providing storage for larger items such as buggies and cots as well as space to prepare the referrals. The large rise in the cost of living over the past 18 months has been reflected in ever increasing requests for baby bank help. ## **Leadership** The elders David Straughton, Cliff Nelson, Michael Scott, and Errol Breda usually met each week for discussion of church pastoral issues, prayer, and planning. The men’s discipleship group set up last year to train and develop potential new leaders continued to meet on a regular basis, and these times were supplemented by special evenings where theological papers were presented and discussed in the context of everyday practical church discipleship, leadership, and life. Page 5 KING'S CItURCH HARROW (A COMPANY LIMITED BY CUARANTEE) REPORT OF THE DIRECTORS AND TRUSTEES ACHIEVEMENTS AND PERFORMANCE ConL L8adorshlp Co The fvK* ek1ers (m ¢hurth staff also met reguLgdy %%ith Dde Barfow. from Ihe Ground ￿ LeadeTthp team, aThl olders from aTh)ther local thJr¢h Christ First Watfrrtl. These me81È"ngs were swportlve Ilmes to share vision aTrJ progress in mls8ion a¢tswtie5 as ￿?11 as ch811enge5 enccMJntertd in leading thg local church. Prayer for each other was a￿vaYS a feature of tr*s8 meetsngs. During th¢ yèar some of our le8deTS attended New Grour¥J ChurL*eseventsinduding'. ￿elder48nd￿lVeStogetherw4￿ek8rtd.. NewGround Prayer D￿5, and th8 NewGrcund FlnaKlal Support are Part ol g famity of chur(*e6 knwi as 'New Grwnrf 'Newfmnliws' artd as an expres￿0￿ of our commrtrnenl to bèing involved in world misson %4e give finanrial support to GroLmd in thpir vari¢yJs pro1￿ts both In the UK and in olher parts ol the world, parbwlarty EuroFe. We havo aL80 cX￿.nlI￿I to pThde finana81 SUF¢￿t0 ￿ ttMrity'FinnFouThl*'w', 88 it seek5 to So￿￿* homeless in HaTOW. Kiffjgbury Venug During th& nnanda5 year, It becamè evldent that we w kwr had SLrfficient human resources to ttJnOnuè me8Ing attrK) v•nues. In Septemberme thefefcie handgd *)wtroi ofthe bLaiding al iQngsbury to the freehdders, Gro%th TN5( alter giying the apprcyriate noti(x of tennination ofthe I￿Se. FINANCIAL REVIEW Full (*t*ls ofthe tIn8nc￿l transac15￿1$ gre contaned in the attached A£counts. The totsl IncomiThJ reSOUfrx the year wer• £219,S)4 and afterdethjcting resour￿ exFended of £175.027, th& nfyt sLwpl￿s wa$ £44.477. Our polw is to mainlain suffiaent wrves in our Unrastricted Furxl to ￿atIe lo rthtinue lo meèt our currw ccffirnitmtrnts. We are molntsinlng a cash raserye of£10,(￿) in the B￿dIng Fund to ¢J)v8rany possibl¢ increases in the interest rate on wr mortgage. In &Jilttton. we maintsin a designatad fund vthh has a ¢*sh bala￿ of £5,M as a conbngenGy to m¢et ary unexpected o)sts to ernergèrLy repairs to Brigade Hou￿. The nel as8ets of the Charty at 31st Mar(* 2023 were £484.994. FUNDS HELDAS CUSTODIAN TRUSTÉE No &888ts are hekl in Ihe capacty of Ct45lodlan Tru3ts0. LL COMPANY PROVISIONS This report ￿ been preFOred in with the small e4jnp0n￿$ regime underthe Companie6 Act SIGIW ON BEHALF OF THE TrUSTEES 21st Novemter2023 Page 6 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF DIRECTORS AND TRUSTEES RESPONSIBILITIES** The trustees (who are also directors of King's Church, Harrow for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. 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 Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - there is no relevant audit information of which the charitable company’s auditor is unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. Page 7 KING'S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS AND TRUSTEES OF KING'S CHURCH HARROW I report on th& accounts of the company forthe year ended 31 Mar¢h 2023 which a￿ set out on pages 9 to 24. RESPECTIVE RESPONSIBIUTIES OF TRUSTEES AND EXAMINER The trustees (who are a150 the d1￿ctOrS of the company for the purposes of cthllpany18wl are responsibl8 for thè preparation ol the accounts The trustèes consider that an audit is not rèouired for this year under section 144121 ol the Charitie5 Act 2011 Ithe 2011 Act) and that an Independent examination 15 naedecj. Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it 15 my responsibility to.. examine the 8CD)unts under sedion 145 ofthé 2011 Act. follow t￿ pr(Kedur88 laid down in the genèral Directions given by thè Charty Cornmi5sion und8r section 14515llbl of the 2011 ACL and state whèther pa￿"CUlar matters have come to my aitention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examinatK)n was carrEd out in accoidance with generdl Directions g￿n by the Charity CommL%sion. An examinab.on include5 a review of the ac(x>unkn"ng records kept by the charity and a comparison of the accounts presented with those records. It also indudes consKJer8tion of any unusual items or disc105UI85 in accounts, and seeking explanatitsns from you as trustees con(Aming any such matters. The Pr￿dUreS undertaken do not provida all the evidenc8 thatwould be required in an audit. and consequendy no opinion is gNen as to whether the accounts present a true and fair vie￿, and th& r8Wrt is limitsd to those matters set Oui in the ststement below. INDEPENDENT EXAMINER'S STATEMENT In conn8ction with my examinabon, no rnatter has com8 to my attention". which gives me reasonable cause to beI￿ve that, in any materi81 respect. the requ1￿ments.. to keep accountyng records in accordan￿ with section 386 and 387 of th8 Cornpanies Act 201x1.. And to prepare accounts which attord wrth the accounting r8cords, wmply with the accounb'ng requirements ol seth"on5 394 and 395 of the Companies Act 2006 and with the methods and prinriples of the Awounting and Reporting by Chariti&5.' Statement of Recornm8TwJed Praoti applic8ble to tharities preparing their accounts In accordance with the Financial Reporting Standar(I applicable in the UK and Republic ol Ireland IFRS1021 (effective l January 20151 h. in my tspinion, atkents.on should te dr8wn in order to ènable th8 proper uThJerstandir*J of the nts to be reach￿1. 2. to 214 Nov8rnbef 2023 ON hodes Professional Sgrvices LLP red A￿Ountants Au 8a5eft￿nt Fh)or Focus House Focus Way Yeadon LS19 7DB Page 8 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 (INCORPORATING INCOME AND EXPEDITURE ACCOUNT)** |**Unrestricted**
**Notes**
**Funds**
**£**
**INCOMING RESOURCES**
Voluntary Income
**2**
193,157
Activities for Generating Funds
**3**
20,625
Investment Income
**4**
316
**Total Incoming Resources**
214,098
**RESOURCES EXPENDED**
**Cost of Generating Funds**
-
**Governance Costs**
**5**
7,527
**Charitable Activities**
Staff Costs
**6**
98,645
Premises and Equipment Costs
**7**
25,340
Administration Costs
**8**
6,084
Other Charitable activities Costs
**9**
17,116
Mortgage loan interest
-
147,185
**TOTAL RESOURCES EXPENDED**
154,712
**NET INCOMING RESOURCES**
59,386
Net Transfers Between Funds
(16,770)
**Balances Brought Forward**
93,444
**Balances Carried Forward**
136,060|**Restricted**
**Funds**
**£**
5,382
-
24
5,406
-
-
-
11,289
-
2,283
6,743
20,315
20,315
(14,909)
16,770
327,073
328,934|**Total Funds**
**Total Funds**
**2023**
**2022**
**£**
**£**
198,539
170,750
20,625
26,659
340
7
219,504
197,416
-
268
7,527
8,320
98,645
93,424
36,629
42,733
6,084
7,691
19,399
21,762
6,743
5,735
167,500
171,345
175,027
179,933
44,477
17,483
-
-
420,517
403,034
464,994
420,517| |---|---|---| Page 9 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **BALANCE SHEET AT 31 MARCH 2023** |**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
**CURRENT ASSETS**
Debtors
**11**
Cash at Bank
**CREDITORS**
Amounts Falling Due Within
One Year
**12**
**Total assets less current liabilities**
**CREDITORS**
Amounts Falling Due after
more than One Year
**13**
**NET ASSETS**
**RESERVES**
Unrestricted Funds
**14**
Designated Funds
**14**
Restricted Funds
**14**|**£**
**£**
**£**
**£**
436,465
451,599
32,407
33,072
120,870
72,211
153,277
105,283
14,401
16,261
138,876
89,022
575,341
540,621
110,347
120,104
464,994
420,517
134,520
89,200
1,541
4,244
328,933
327,073
464,994
420,517
**2023**
**2022**| |---|---| Page 10 KING'S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AT 31 MARCH 2023 -. ¢ontlnu•d The charitsb￿ company Is entitsj to exemFknon from aU￿1t undw 477 oflhe ComFOr4es AGt 20Cts frjrth year endgj 31 March 2023. The mwnters hav6 not rwlrwj the cJJmpany to obtsii on audit of its fjnsrvi81 ststements fc*th• year eThJed 31 Mard) 2023 in accordarte wilh se¢lton 476 ofth? C¢mwks Act 20(A. The ￿'r&th. ackn￿?￿ge their r88ponslblliti"•s for (al ensuring that the ¢harit*e ccffip8ry keeps xrtsJntiryJ recths that ccmpty Se(kn 386 and 387 of Ihe Companles Act 2tlJ8 aTrJ Ibl preparing finanaal statements whtth 9ve 3 tru8 and foiT wew of tho state of alPairs of the charitat)te compony 85 at the end of each finaThial year and of ts wrplu5 or defi¢)t for each fin8nual year in accordanct th Ihe requirement of Sect¢ons 394 and 39S and vkmch otherwise comply the requirernents ol the Companies Act 2C#J6 Telating to fin8rtoal statem￿, so far as appJlrAble to These finan%291 Statements h8V9 been pTep*ed In accord￿Ce￿7thth￿ prowsion$ ofPart 15 of theComparxesfvLt 2CpJ6 rglaling to smll chafitab￿ o)mp8nie5. I￿ statements we atproved ty the board t)n 2111 November 2023. and BvJn8<1 on their bth￿l by.. ns ugh Mrs N M RhLiJes ThE TRikSTEES Pagell **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **1. ACCOUNTING POLICIES** The financial statements of the charitable company, which is public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102). ‘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 (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard FRS102 applicable in the UK and Republic of Ireland’ EEA, the and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. - a. All grants and voluntary income are accounted for gross when receivable, as long as they are capable of financial measurement. - b. All expenditure is accounted for gross, and when incurred. - c. Direct Charitable Expenditure includes the cost of travel specifically incurred in connection with charitable expenditure plus the personnel and other costs associated with the management of the projects. - d. Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets over their expected useful lives. It is calculated at the following rates: Fixtures, Fittings & Equipment 10% on cost Computer Equipment 33% on cost Freehold property 2% on cost - e. Fund-raising and publicity expenses include expenses incurred directly by the Company and those incurred by third parties in raising Charity funds for the Company and paid directly by the company at the fund raisers request. - f. The Charity makes contributions into an employee's stakeholder pension plan. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. VOLUNTARY INCOME** |**Unrestricted**
**Funds**
**2023**
**£**
Tithes
146,083
Offerings
17,300
Stewardship / Charities Aid Incom
-
Income Tax Recovered
29,774
193,157|**Restricted**
**Funds**
**2023**
**£**
2,005
2,300
-
1,077
5,382|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
148,088
137,066
19,600
1,415
-
1,100
30,851
31,169
198,539
170,750| |---|---|---| Page 12 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **3. ACTIVITIES FOR GENERATING FUNDS** |Rental Income
Fitness Class Income|**Unrestricted**
**Funds**
**2023**
**£**
20,463
162
20,625|**Restricted**
**Funds**
**2023**
**£**
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
20,463
25,833
162
826
20,625
26,659| |---|---|---|---| ## **4. INVESTMENT INCOME** ||**Unrestricted**|**Restricted**|**Total**|**Total**|| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**Funds**|| ||**2023**|**2023**|**2023**|**2022**|| ||**£**|**£**|**£**|**£**|| |Income Received From|||||| |Cash Deposits|316|24|340||7| ## **5. GOVERNANCE COSTS** |Legal & Professional fees
Registrations & Subscriptions
DBS / CRB Checks
Insurance|**Unrestricted**
**Funds**
**2023**
**£**
3,820
1,724
175
1,808
7,527|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
3,820
3,912
1,724
2,212
175
86
1,808
2,110
7,527
8,320| |---|---|---|---| Page 13 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **6. STAFF COSTS** Staff costs were as follows: The pension costs represent contributions payable by the charity for the year. |Directors Remuneration
Wages and Salaries
Social Security Costs
Pension Costs|**Unrestricted**
**Funds**
**2023**
**£**
38,621
47,646
4,338
8,040
98,645|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
38,621
34,876
47,646
46,516
4,338
4,258
8,040
7,774
98,645
93,424| |---|---|---|---| The average number of employees during the year was as follows: ||**2023**||**2022**|| |---|---|---|---|---| |Administration and support||4||4| ## **7. PREMISES AND EQUIPMENT COSTS** |Rates
Room Hire
Repairs and Renewals
Loss on sale of assets
Depreciation|**Unrestricted**
**Funds**
**2023**
**£**
318
18,900
2,048
1,471
2,603
25,340|**Restricted**
**Funds**
**2023**
**£**
-
-
175
-
11,114
11,289|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
318
115
18,900
23,500
2,223
4,105
1,471
-
13,717
15,013
36,629
42,733| |---|---|---|---| Page 14 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **8. ADMINISTRATION COSTS** |Telephone
Electricity and Gas
Computer Costs
Printing and Stationery
Travelling expenses
Bank charges
Sundry Expenses|**Unrestricted**
**Funds**
**2023**
**£**
1,357
1,788
120
1,690
246
219
664
6,084|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-
-
-
-|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
1,357
1,474
1,788
3,850
120
163
1,690
1,704
246
40
219
104
664
356
6,084
7,691| |---|---|---|---| ## **9. OTHER CHARITABLE ACTIVITIES COSTS** |Gifts
Visiting Speakers
Conferences and Training
Books and C/Ds
Fitness Classes
PA Expenses
Baby Bank Supplies
Football
Children and Young People
Catering and Social Events|**Unrestricted**
**Funds**
**2023**
**£**
14,271
-
1,475
99
320
70
-
160
82
639
17,116|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-
-
2,283
-
-
-
2,283|**Total**
**Total**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
14,271
16,198
-
252
1,475
1,370
99
51
320
640
70
556
2,283
1,555
160
-
82
41
639
1,099
19,399
21,762| |---|---|---|---| Page 15 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **10. FIXED ASSETS** |**Cost**
Cost at 1 April 2022
Additions
Disposals
Cost Carried Forward
**Depreciation**
Depreciation at 1 April 2022
Depreciation Charge for Year
Eliminated on disposals
Depreciation Carried Forward
Net Book Value at 31 Mar 2023
Net Book Value at 31 Mar 2022|**Freehold**
**Property**
**Building Fund**
**£**
550,356
-
-
550,356
110,070
11,007
-
121,077
429,279
440,286|**Total**
**General Fund**
**Building Fund**
**£**
**£**
**£**
53,042
4,525
607,923
1,554
-
1,554
(3,702)
-
(3,702)
50,894
4,525
605,775
41,862
4,392
156,324
2,642
68
13,717
(731)
-
(731)
43,773
4,460
169,310
7,121
65
436,465
11,180
133
451,599
**Fixtures, Fittings and**
**Equipment**| |---|---|---| ## **11. DEBTORS** |Income Tax Recoverable
Loans
Prepayments|**2023**
**2022**
**£**
**£**
30,851
31,169
1,250
1,350
306
553
32,407
33,072| |---|---| Page 16 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **12. CREDITORS: Amounts falling due within one year** |Accrued Expenses
Bank Mortgage loan|**2023**
**2022**
**£**
**£**
3,788
3,648
10,613
12,613
14,401
16,261| |---|---| Creditors amounts falling due within one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan|**2023**
**2022**
**£**
**£**
10,613
12,613
10,613
12,613| |---|---| ## **13. CREDITORS: Amounts falling due after more than one year** |Bank Mortgage loan|**2023**
**2022**
**£**
**£**
110,347
120,104
110,347
120,104| |---|---| Creditors amounts falling due after more than one year includes the following liabilities, on which security has been given by the Church: |Bank Mortgage loan
Instalments not due within five years|**2023**
**£**
110,347
110,347
**2023**
**£**
61,755|**2022**
**£**
120,104| |---|---|---| |||120,104| |||**2022**
**£**
60,069| Page 17 ## **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **14. STATEMENT OF FUNDS** |**General Fund**
**Total Unrestricted Funds**
**Designated Funds**
Kingsbury Fund
Brigade House Maint. Fund
Relief Fund
**Total Designated Funds**
**Restricted Funds**
Building Fund
Gift Management Fund
Caraid Baby Bank Fund
Hardship Fund
**Total Restricted Funds**
**Total Funds**|**At 1 April**
**2022**
**£**
89,200
89,200
(1,302)
5,296
250
4,244
318,364
77
3,116
5,516
327,073
420,517|**Income**
**£**
204,438
204,438
9,661
-
-
9,661
1,368
-
1,162
2,875
5,405
219,504|**Expense**
**£**
(142,348)
(142,348)
(12,364)
-
-
(12,364)
(17,818)
-
(2,497)
-
(20,315)
(175,027)|**At 31 March**
**Transfers**
**2023**
**£**
**£**
(16,770)
134,520
(16,770)
134,520
-
(4,005)
-
5,296
-
250
-
1,541
16,770
318,684
-
77
-
1,781
-
8,391
16,770
328,933
-
464,994| |---|---|---|---|---| The general fund represents the free funds of the charity which are not designated for particular purposes. The building fund is restricted to the costs in respect of the maintenance and up keep of Brigade House plus serving the mortgage repayments. The worship director fund was set up for the purpose of employing a worship director. Brigade House Maintenance Fund was set up for the purpose of contingency to cover any emergency repairs at Brigade House. Page 18 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS** ## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Current Assets
Current Liabilities
Non Current Liabilities|**Unrestricted**
**Funds**
**£**
5,493
120,814
(3,788)
12,000
134,519|**Designated**
**Funds**
**£**
1,318
223
-
-
1,541|**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
429,654
436,465
32,240
153,277
(10,613)
(14,401)
(122,347)
(110,347)
328,934
464,994| |---|---|---|---| ## **16. TRANSACTIONS WITH DIRECTORS AND TRUSTEES** There were no such transactions during the year. ## **17. RELATED PARTY TRANSACTIONS** There were no such transactions during the year. ## **18. CONTROL** The Charity was under the control of the Directors and Trustees throughout the current and previous year. Page 19 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 UNRESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
Interest Received
Rental Income
Fitness Class Income
**Total Incoming Resources**
**RESOURCES EXPENDED (Page 20)**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2022
Balance at 31 March 2023|**General**
**Funds**
**£**
146,083
17,300
29,774
316
20,463
162
214,098
(154,712)
59,386
(16,770)
93,444
136,060|**2023**
**2022**
**£**
**£**
146,083
134,816
17,300
75
29,774
30,407
316
6
20,463
25,833
162
826
214,098
191,963
(154,712)
(159,175)
59,386
32,788
(16,770)
(18,770)
93,444
79,426
136,060
93,444
**Total Unrestricted Funds**|**2023**
**2022**
**£**
**£**
146,083
134,816
17,300
75
29,774
30,407
316
6
20,463
25,833
162
826
214,098
191,963
(154,712)
(159,175)
59,386
32,788
(16,770)
(18,770)
93,444
79,426
136,060
93,444
**Total Unrestricted Funds**| |---|---|---|---| ||||191,963
(159,175)| ||||32,788
(18,770)
79,426| ||||93,444| Page 20 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 UNRESTRICTED FUNDS** |**RESOURCES EXPENDED**
Salaries
Gifts:
Newfrontiers
FirmFoundation
Hardship
Others
Visiting Speakers
Conferences and Training
Outreach and Publicity
Rates
Room Hire
Insurance
Electricity and Gas
Telephone
Computer Costs
Printing and Stationery
Repairs and Renewals
Travelling expenses
Books and Tapes
P. A. Expenses
Fitness Classes
Football expenses
Children and Young People
Catering and Social Events
Legal and Professional
Sundry Expenses
Bank Charges
Loss on sale of Tangible assets
Depreciation of Fixed Assets
Furniture, Fixtures & Equipment|**General**
**Funds**
**£**
98,645
8,100
5,418
-
753
-
1,475
-
318
18,900
1,808
1,788
1,357
120
1,690
2,048
246
99
70
320
160
82
639
3,820
2,563
219
1,471
2,603
154,712|**2023**
**2022**
**£**
**£**
98,645
93,424
8,100
7,900
5,418
3,000
-
500
753
2,898
-
252
1,475
1,370
-
267
318
115
18,900
23,500
1,808
2,110
1,788
3,850
1,357
1,474
120
163
1,690
1,627
2,048
4,106
246
40
99
51
70
556
320
640
160
-
82
41
639
1,099
3,820
3,912
2,563
2,654
219
104
1,471
-
2,603
3,522
154,712
159,175
**Total Unrestricted Funds**| |---|---|---| Page 21 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 BUILDING FUNDS (RESTRICTED)** |**INCOMING RESOURCES**
Tithes
Income Tax Recovered
Investment Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Bank loan interest
Depreciation of Fixed Assets
Freehold property
Furniture, Fixtures & Equipment
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2022
Balance at 31 March 2023|**Building**
**Fund**
**£**
1,075
269
24|**2023**
**2022**
**£**
**£**
1,075
1,200
269
300
24
1
1,368
1,501
6,743
5,735
11,007
11,007
68
445
17,818
17,187
~~-~~
(16,450)
(15,686)
16,770
16,770
318,364
317,280
318,684
318,364
**Total Building Funds**| |---|---|---| ||1,368
6,743
11,007
68|| ||17,818|| ||(16,450)
16,770
318,364|| ||318,684|| Page 22 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Offerings
Income Tax Recovered
Charities Aid Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
Gifts Hardship & Other
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2022
Balance at 31 March 2023|**Worship**
**Director**
**Fund**
**£**
-
-
-
-
-
-
-
-
-
-|**Gift**
**Mangement**
**Fund**
**£**
-
-
-
-
-
-
-
-
77
77|**2023**
**2022**
**£**
**£**
-
240
-
50
-
1,100
-
1,390
-
1,900
-
1,900
-
(510)
-
-
77
587
77
77
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 23 **KING’S CHURCH HARROW (A COMPANY LIMITED BY GUARANTEE)** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 OTHER RESTRICTED FUNDS** |**INCOMING RESOURCES**
Tithes
Offerings
Income Tax Recovered
**Total Incoming Resources**
**RESOURCES EXPENDED**
Printing and Stationery
Baby Bank Supplies
Repairs and maintenance
Depreciation of Fixed Assets
Furniture, Fixtures & Equipment
**Total Expended Resources**
**NET INCOMING RESOURCES**
Net Transfers Between Funds
Balance at 1 April 2022
Balance at 31 March 2023|**Caraid**
**Bank Baby**
**Fund**
**£**
930
-
232
1,162
-
2,283
175
39
2,497
(1,335)
-
3,116
1,781|**Hardship**
**Fund**
**£**
-
2,300
575
2,875
-
-
-
-
-
2,875
-
5,516
8,391|**2023**
**2022**
**£**
**£**
930
1,050
2,300
1,100
807
412
4,037
2,562
-
77
2,283
1,555
175
-
39
39
2,497
1,671
1,540
891
-
2,000
8,632
5,741
10,172
8,632
**Restricted Funds**
**Total Other**| |---|---|---|---| Page 24