MYTON CHURCH Charity Registration Number- 1098033 REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2024 MYTON CHURCH Charity Registration Number- 1098033 REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2024 CONTENTS Page General Information Trustees, Report Independent Examinerfs Report Statement of Financial Activities Balan￿ Sheet Notes to the Financial Statements 7-10 Page 1 MYTON CHURCH GENERAL INFORMATION 31 December 2024 Charity Registration Number- 1098033 Trustees M Boyd (Chaimian) B G Harding M D Sherratt T G Reynolds T G Carter Treasurer N Preston Address Jubilee House Westlea Road Leamington Spa CV313JE Independent Examiners Burgis & Bullock Chartered Accountants 23-25 Watedoo Pla Leamington Spa CV32 SLA Principal Bankers CAF BANK Limited Kings Hill West Malling Kent ME19 4TA Page 2 MYTON CHURCH TRUSTEES. REPORT The trustees present their report and financial statements lor Ihe year ended 31 De¢ember2024. Structure, Governance and Management Myton Church is an unincorporated tharity constluted underadedarats'on oftrusl dated 10th DÈC 21X)2 as amended by deed of variation of 10th July 2003 (Charty no. 10980331 and is an independent fellowship of Christian8 in Warwick, Leamington Spa and surrounding areas. The present trust was fomied on 10 December 2002 bul thè Church can trace ils history for over 100 years. The trustees are assisted in the day-to4ay care and running of th8 Church by a body of Elder5 comprisiryj the trustees. E J Mcmillen and N R￿hards. The Trustee5 invite other members of the Church fellowship to join them as the needlopptsrtunity artses. Such invitstions have the general ¢onsensus of the fellowship. Indu¢b"on to the role of trustee and ttainin9 are provKled on a personal basis as appropriate. The Irust8es nomially meet at l&asl monthty as Ihe body of Ekler8 ar￿ 81so Schedu￿ meeting8 each y88r for more det8i18d financial and policy matters. All meetsngs 8re fijlly rec￿rded wrth C￿ar deasions and action points. The trustees have a comprehensive annual programme to ensure that poliaes and procedur85 are regulady updated and reviewed. Legal advice is sought when r￿cessary. A ￿gIster of trustee5' Inte￿Sts is held to ensure thal there a￿ no conflicts of inte￿$t. This 15 updated regularfy. Related party Issues are fulty declared in the financi31 ststements. The trustees have a clear procedure that rf there is a potential conflict of inte￿1 on any matter, Ihe trustee with the potenb.al COAllict of interest Is asked to leave the room and take no part in the debate or deusion. The Church has five employees b¥0 of whom are E J m¢*lil￿n and N Richards. 1¢ 1$ heavity dependent in all it$ activities on help vdunlarity gNen by meMt￿r$ of Ihe fellowship. The Church's Cent￿ of activity during th8 year was JubiK* House, Wes¥ea Road, Learnington Spa. Sunday moming ser¥ice5 and other activities now lake place in The Weslbury Cantre, W8ska Road, L¢aminglon Spa which adjoins Jubikg Hous8. AdMIn￿tratiVe details arg 8et out on page 1. The trustees updated their rev*wof Ih•majornskstowhi¢h thts Churd) Is exposed and the systems and procedures that have been estsbli$hed lo mitigate Ihose risks. All major Insurab￿ f6ks are subject to nomial churches and 6mployar'$ Insurane•. C¢)ntraeiual risks ar• r•viewed befor8 being eniofed into to as￿$5 that th•y ¢knuld not significantly aifversely Impact upon t1￿ Church's ability to luifil rts obJecbv8S. Objectives and Activities The pnmary aim of Myton Church Is Ihe promotion and advaneement of the Chnstian faith both In the United Kingdom and overseas with the advancement for tTr￿ public benefit of reli9ious or oll￿r educabon and the relief of the aged, poor. sick or ¢isabled. In the &ble tTr￿ church was a community ol people whose lives had been changed by Je$u$ Christ, the Son of Gocl. They were ¢(Mmmrtted lo serve and lo follow Him and In so doing to bnn9 ble$$ing and benefrt to those around them by ¢Joing gcM)d aTh# by teaching the d¢xtrines of the Christian faith. Believing that the same principles hold good today. Mylon Churth seeks lo follow them with the vision of seeing people Qf 011 age$ and nationalities and from all walks of lrfe corne into the 8XFerience of knowing Jesu5 Christ as their Lord, Saviour and Friend. The Church has 8 rangt olathvrties with an open Invitat￿n to 811 whowish 10 e¢me. Somè are general. others are special interest or age group speofic all a￿ wth a view lo shann9 the benefrt of the Christian faith. These activities and events affj publL8hed on the Church's websrte". Inviiall￿$ 10 speual events are distributed in the area and use 1$ also made of the I￿81 pre$$. The folk)￿n9 Is a bnef summary". Sunday moming seryices are held In the Wastbury Ctsntre. They seek 10 bfiNJ relfrvant Bible leaching and friendship for the whok famity an(J cater for all ayes in the provts1￿ of separate crècl*, chiléren's ané youth activities. The fomial meetings are followed by a time of Infomial shann9 1(¥Jether providing opportunity for friendship anLI help on an Indwidual basis. TTr￿ s￿￿laY momiry teachin9 is available for f￿ dohvnload from the Church website. The Church plaos a lot of emphasis on seeking to Krnote the growth of irt11vidua￿ in the Christian farth through training courses. $man group studies and prowdiThJ cpportunities for Christian seNir*. During the week there is a baby & ILvJ(ler grDUP. vanou5 chikJren'5 3nd youth dubs coverirYJ all ages and activibes for senior ¢itrzen$. H(Mne groups a￿ a pr(minent feature provK1ing for interaction in a Smaller group setting needed because of Ihe large numbets attending on a Sunday moming. pa51oralca￿ Is an irnportantaspect and forone anOt1￿r atKI seeking to extend that cère ttsthose outside the fellowship is woven thrtsugh all the ¢hur¢h a¢bvthes and lives of the n*mbers Looking outside It5 ¢)wn im[n￿liate fellowship. the Churth 5UPPY)rt5 several IrMlividua15 worfiing in churche5 8ThJ associated 0rganI5at￿ns iM)th in tIE UK and tsverseas. The Church also supports local Charit￿5 Wlth lund5 aThJ practical help. One of these 15 engaged in debt ounselling, another In the distrbubon of &bles aryj Te5tatnents ar￿ there is a Food Bank distribution point at the Westbury Centre. The Church 15 ￿spOnSible for The ￿StbUry Centre in Wesllea Road. Learnington Spa. The Church'5 weekty youth Clubs are held In the Centre a5 well as a FOLKI Bank distribubon point and spwal events Other groups use the cent￿ pmvidiro ad￿rt￿n81 faulibes for those li￿r9 in the a￿8. The activitses ofthe Church are mutualty Interdependent. and the tN5t8es are ofthe opinion that no one aspect COU￿ be ￿asOnabty IdentrfEd for separate finanoal rewihng. Page 3 MYTON CHURCH TRUSTEES. REPORT (continued) Publi¢ Benefit Public benefit Is specrfically refeffed to in the Churc*'s Tnjst Deed and the tr￿Slee$ have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Cornmission. Many of the Church'5 activibes have a directwblic benefrt content In the provision of help and facilitie5 and teachin9 of rDoral pnncip￿5 that contribute to the I￿1￿J1￿9 of a good 50cW and the multiplication of public benefit activib.es Achievements and Perfomiance The Church has continued to see a significant response in all area5 of its lrfe, WO￿ and witness. The Sunday morning servi￿5 al the We5tbury Centre arewell atrertrleij. There continues to be a 9LyJd ￿spOnSe to the servi In virtual format. Otheradivilies and srnall groups have o)ntynued to have good partiopatyon using virtual rneetings. IndividuaL8 are built up and strengthened and Christian In general k8 SUPPOrted. The Chur¢h maintain$ ¢ontaGt with those receiving grants offering advice and encnuragement as 8ppropriat8. The tru81ees are pleased to nots the encouraging naturfr of respon$e6 and Inlomiation r￿l¥ell. Future Plans Th¥ trustees consider that the present strale9ie$ are worftirfj well wrth acbvites that a￿ enaljing the Church to achieve its objectives. Nevertheless. they are conbnuinq to seek Improvements and In¢￿a$ln0 the scope and Financial Review The income of the Church 8ri585 prinuPa￿ frorn voluntary donations by memb8r5. Net incorne for the year, as shown on page 5, arnounted to £81,904 made up of £83,250 from fund5 restncled for pu￿oSe5 speafied by thè donors and1£1.3461 offunds lor use aithe Church'sdisertriion. Both the16vel olgiving and tsxpensos has Increased in the year. The Church's budget for 2025 anliupate5 lower Incorne. therefore Showing a defi￿l of1£2KI. Having reviewed the ￿Ve1 of funds availab￿ tcgether wth the future projected cash flows. the tru81888 have reasonable expectation that that the charity has adequate resources lo continue its activitie5 for the foreseeable future. Accordingty, Ihey continue 10 adopi the 90in9 ¢oncem basis In prepanng the finanoal statements. The reserves policy ol the trustees is 10 maintain suificignt lunds for the ongoing actsvil￿$ of the Churth. Th normal fluctuations In Income and expenditure I￿lie•te reserves forthis PUWL)se equal to the higher of three months of the unwstr1c￿ ffjSOUfces expended, which equaies to £64.000. or enough lo close down the charity. Unrestricted funds as al 31 O&c•mb8r 2024 af• 9r•at•r than amounb.ng to £195,838. Ttt• trustees ar monitoring the financial situath)n. The invosim¢nt pelicy ol Ihts Iruste*s is to plats funds that ar• surplus to Currtsni roquiramtrnts on doposit with banking Instilubons within the limits of the Govemmeni guarante8. fc* surtable periods seeking a reasonab rate of ￿t￿m. ststement of Trustees Responsibilities Law applicable to charit￿$ in England 8 Wales require$ Ihe trustees to prepare financkql statements for e8ch financial year which give a true anil fair view of the charty's finanfyal a¢twitre$ duriry the year and of its financial position at the end ol the year. In preparing finaThcial statements gNing a true and fair view, Ihe trustees 5houh follow be51 practice and. s$18cl surtable accountwig pol￿ and I￿N appty thom eon*$i•ntty. make judgements and estimates thai ara rtsasonabk and prudent." $latewhetherapplicabk ac¢ountng standards and statements of recommend*1 practKe h)ve been followed, subject to any departures disdosed and explained In the financial stat￿)entS prepare the finanoal statement5 on the goiThJ concem basi5 unK8SS it 15 inappropriate to pre5urne that the charity will continue in operation. The trustees are responsible for keeping ar￿Un￿rg re￿rdS whKh disrJosÈ wilh reasonab￿ accuracy the fi'nancial position of charity, and which enatle Ihem lo ascertain the finanaal position of the charity and which enable them to ensure that the financial ststernents cornpty wrth ¥plicable law. regulations and the trust deed. They are also responsible for Safeguarding the assets of th8 thanty aTrJ hence fortaking r8asonabk8 Steps for the prevention and detection of fraud and other Irregularit￿5. Trustees The trustees shown on page 1 have seNed duriThJ the year as iTrJic8t*J. On behalf of the trustees Trustee 1311012025 Page 4 MYTON CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MYfoN CHURCH I report on the accounts of Myton Church for the year ended 31 December 2024 which are set out on pages 5 to 10. R8sponsibiliti8s and basis of rèport As the charity's trustees you are responsible for the preparation of the accounts in accordance vAth the requirements of the Charities Act 20111.lhe Act'i. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Ind•p•nd•nt •xamln•r'8 $tatsm•nt Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 01 the Act. I confim that l am qualified to undertake the examination because l am member of ACCA, which is one of the listed bodies. I have completed my examinalion. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 1. Accounting records were not kept in respect of the charty as required by Section 130 ofthe Act., or 2. The accounts do not accord wth those records,. or 3. The accounts do not comply with the applicable requirements eoncerning the form and conlenl of accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the a¢¢ounls give a 'lrue an¢J fair view, which is not a matter considered as part of an independent examination. I have no ¢oncerns and have come a¢r¢)ss no other matters in connection wth the examination lo which attention should be drawn in this report in ￿der to enable a proper understanding of the accounts to be reached. Wende Hubbard FCCA Burgis & Bullock Chartered Accountants 23-25 Waterfoo Place Leamington Spa CV32 SLA 13th October 2025 Page 5 ## **MYTON CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2024** |**Income from**
Donations and legacies
Charitable activities
Other trading activities
Investment income
**Total Income**
**Expenditure on:**
Charitable activities
**Total Expenditure**
**Net Income/(Expenditure)**
Transfers between funds
**Net Movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total Funds Carried Forward**|Note|Unrestricted
Funds
226,977
8,531
24,343
5,920
265,771
267,117
267,117
( 1,346)
-
( 1,346)
197,184
195,838|Restricted
Funds
155,889
-
-
-
155,889
72,639
72,639
83,250
-
83,250
100,798
184,048|Total
2024
382,866
8,531
24,343
5,920
421,660
339,756
339,756
81,904
-
81,904
297,982
379,886|Unrestricted
Funds
226,274
3,383
22,923
2,516
255,096
249,914
249,914
5,182
-
5,182
192,002
197,184|Restricted
Funds
126,008
8,570
-
-
134,578
54,456
54,456
80,122
-
80,122
20,676
100,798|Total
2023
352,282
11,953
22,923
2,516
389,674
304,370
304,370
85,304
-
85,304
212,678
297,982| |---|---|---|---|---|---|---|---| ||||||||| ||2
2
2
3
10||||||| ## **Total Recognised Gains and Losses** The Church had no recognised gains or losses other than the net result for the above two financial years. All income and expenditure derive from continuing activities The notes on pages 7 to 10 form part of these financial statements. Page 6 ## **MYTON CHURCH** ## **BALANCE SHEET At 31 December 2024** |**Fixed assets**
Tangible assets
**Current assets**
Debtors
Cash at banks and in hand
**Creditors**
Amounts falling due within one year
**Net current assets**
**Total net assets**
**The funds of the charity**
Restricted funds
Unrestricted Funds
General charitable funds
**Total charity funds**|Note|7,155
329,842
336,997
(10,832)
2024|2024|2024|Total
53,721
21,220
208,407
229,627
(3,554)
326,165
379,886
184,048
195,838
379,886
2023|2023|2023|Total
71,909
226,073| |---|---|---|---|---|---|---|---|---| ||1 & 7
8
9
10|||||||| |||||||||| |||||||||297,982
100,798
197,184| |||||||||297,982| M Boyd, Trustee The notes on pages 7 to 10 form part of these financial statements. Page 7 ## **MYTON CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024** ## **1. Accounting Policies** ## **Charity Information** Myton Church is an unincorporated charity constituted under a declaration of trust dated 10th Dec 2002 as amended by ## **Basis of Accounting** The financial statements are presented in sterling, which is the functional currency of the charity and have been prepared under the Charities Act 2011, in accordance with applicable accounting standards under the historical cost convention and in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102. Individual items are recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. Myton Church meets the definition of public benefit entity under FRS102. The financial statements are presented in sterling which is the functional currency of the charity. following the 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) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. ## **Going Concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **Fund Accounting** The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the Trustees in furtherance of the objects of the charity. Such funds are held in order to finance both working capital and capital investment. Restricted funds are provided to the charity for particular purposes, specified by the donor or as a result of an appeal for a specific project or work but still within the objects of the Church. These funds are described in note 10. It is the policy of the Trustees to carefully monitor the application of these funds in accordance with the restrictions placed upon them. Designated Funds are unrestricted funds which the Trustees have set aside for a particular purpose. At present there are no such funds. ## **Incoming Resources** Income received for a specific restricted purpose is credited to a separate restricted fund, which is shown in a note to the financial statements. Total incoming resources credited to restricted funds are disclosed in the statement of financial activities, which also shows incoming resources in respect of unrestricted funds. Donations and other income received are credited in the statement of financial activities in the period in which they are received together with any income tax recoverable on gifts under gift aid. Rents receivable are recorded on an accruals basis according to the period to which they relate. Grants and legacies are accounted for when all the conditions for receipt have been met. ## **Resources Expended** Expenditure is accounted for on an accruals basis and is allocated between restricted and unrestricted funds as appropriate. Expenditure on charitable activities comprises expenditure directly related to the objects of the Church including management and support functions. Other than fundraising costs, the ongoing support and administration costs form an integral part of the cost of carrying out the direct objectives of the Church. ## **Fixed Assets** The fixed assets of the Church were transferred from Saltisford Evangelical Church on 1 September 2003 at their book written down value on that date. Subsequent additions are recorded at cost. Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value by equal instalments over their estimated useful lives as follows: Furniture & furnishings 5 years General equipment 5 years Office equipment 3 years ## **Pensions** The charity operates a defined contribution pension scheme. Contributions payable in a year are included in expense in the Statement of Financial Activities. ## **Financial Instruments** Myton Church has elected to apply the provisions of Section 11of FRS 102 'Basic Financial instruments' to all of its financial instruments. Financial instruments are recognised in Myton Church's balance sheet when Myton Church becomes party to the contractual provisions of the instrument. ## **Basic financial assets** Basic financial assets include debtors, cash and bank balances. Debtors, cash and bank balances are measured at transaction price including transaction costs. ## **Basic financial liabilities** Basic financial liabilities, are creditors and accruals which are measured at transaction price (cash or expected settlement amount). Page 8 ## **MYTON CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024** ## **2. Income** |**Donations and legacies**
General offerings
Westbury Centre
Mission support
Other funds
CJRS claimed
Warm Hub Grant
**Charitable activities**
Local mission and evangelism
Westbury Centre cafe
Miscellaneous
**Other trading activities**
Westbury Centre rents received|Note
10
10
10
10||Unrestricted
Funds
226,477
-
-
-
-
500
226,977
4,980
2,784
767
8,531
24,343|Restricted
Total
Funds
2024
-
226,477
127,486
127,486
27,278
27,278
1,125
1,125
-
-
-
500
155,889
382,866
-
4,980
-
2,784
-
767
-
8,531
-
24,343|Unrestricted
Funds
225,974
-
-
-
-
300
226,274
3,160
-
223
3,383
22,923|Restricted
Total
Funds
2023
-
225,974
84,565
84,565
41,443
41,443
-
-
-
-
-
300
126,008
352,282
-
3,160
8,570
8,570
-
223
8,570
11,953
-
22,923| |---|---|---|---|---|---|---| Year end 31 December 2023 income has been re-classified from Other funds to Westbury centre inline with accounting standards. ## **3. Charitable Expenditure** |Ministry costs
Grants
Staffing costs
Running costs
Westbury centre development costs
Hire of premises
Depreciation
Governance costs
3.1||Unrestricted
Restricted
2024
Unrestricted
Restricted
2023
Funds
Funds
Total
Funds
Funds
Total
16,174
-
16,174
14,211
-
14,211
39,400
31,057
70,457
38,525
44,485
83,010
136,293
-
136,293
131,370
-
131,370
35,038
2,312
37,350
35,636
749
36,385
-
39,270
39,270
-
9,222
9,222
10,998
-
10,998
11,000
-
11,000
19,188
-
19,188
18,187
-
18,187
10,026
-
10,026
985
-
985
267,117
72,639
339,756
249,914
54,456
304,370| |---|---|---| Year end 31 December 2023 governance costs and westbury centre costs have been re-classified from running costs inline with accounting standards. ## **3.1 Governance Costs** |Independent examiner's fees
Legal and professional fees
Analysed between:
Charitable expenditure
**Staff Costs**
Salaries
Social security costs
Pension costs
Training
Expenses
Average number of employees
Full time
Part time|2024
1,164
8,862
10,026
10,026|2023
985
-
985
985
2024
2023
117,903
117,018
2,182
1,986
14,644
9,131
30
-
1,326
3,171
136,085
131,306
3
3
2
2
5
5| |---|---|---| ## **4. Staff Costs** No employee received emoluments of more than £60,000 during the year or the previous year. Pension costs are amounts paid to independent pension providers. In common with many churches, a very significant part of the activities of the Church is staffed on a voluntary basis. The fellowship operates a lay ministry in all of its functions. The Trustees and Elders are all actively involved in Church activities. Page 9 ## **MYTON CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024** ## **5. Transactions with Trustees and Other Related Parties** The total amount of donations received from Trustees during the year amounted to £41,169 (2023 - £32,088). During the year the charity donated £1,250 to UCCF. This charity is considered a related party due to Benedict's Harding's role as key management for UCCF. There are no balances outstanding at year end. (2023: £1,250) ## **6. Grants made** Grants are made for the furtherance of the charitable activities of the Church (referred to as mission support) to organisations engaged in Christian work and are analysed below by area of interest: Grants are also made to individuals for personal needs and included in the summary below in one total. **----- Start of picture text -----**
2024 2023
Local 23,277 24,334
National 2,900 3,900
International 41,236 52,795
Total mission support grants paid to institutions 67,413 81,029
Short term trips - -
Pastoral support 3,044 1,981
Total grants paid to individuals 3,044 1,981
Total grants made 70,457 83,010
Charged to Restricted funds 31,057 44,485
Charged to General Funds 39,400 38,525
Christians Against Poverty Debt counselling 5,500 5,250
Counties Christian work - -
Cross Teach Schools 9,000 8,100
Friends of Mandritsara Trust Hospital 6,134 5,750
Green Pastures Hospital 13,803 14,588
Operation Mobilisation Ship ministry 3,475 16,658
**----- End of picture text -----**
## **7. Tangible Fixed Assets** |COST
At 1 January 2024
Additions
Disposals
At 31 December 2024
DEPRECIATION
At 1 January 2024
Provision for year
Disposals
At 31 December 2024
NET BOOK VALUE
At 31 December 2023
At 31 December 2024
**8. Debtors**
Amounts falling due within one year
Sundry debtors
Gift aid receivable
Prepayments
**9. Creditors**
Amounts falling due within one year
Sundry creditors & accruals
Payroll deductions|
|Furniture &
Furnishings
20,922
-
20,922
10,602
2,880
-
13,482
10,320
7,440||General
Equipment
Total
122,117
143,039
1,000
1,000
-
-
123,117
144,039
60,528
71,130
16,308
19,188
-
-
76,836
90,318
61,589
71,909
46,281
53,721
2024
2023
321
1,112
3,040
16,806
3,794
3,302
7,155
21,220
2024
2023
10,831
3,554
-
-
10,831
3,554| |---|---|---|---|---| Page 10 ## **MYTON CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024** ## **10. Movements of Restricted Funds** The income funds of the Church include restricted funds comprising the following unexpended balances of donations and grants held on trusts to be applied for specific purposes: |At 1 January 2023
Incoming resources
Expenditure, gains & losses
Transfers in(out)
At 31 December 2023
Incoming resources
Expenditure, gains & losses
Transfers in(out)
At 31 December 2024||Mission
Support
5,735
41,443
( 42,504)
-
4,674
27,278
( 27,830)
-
4,122|Relief
Fund
11,637
-
( 1,981)
-
9,656
1,125
( 3,227)
-
7,554|Westbury
Centre
Development
3,304
84,565
( 9,222)
-
78,647
127,486
( 39,270)
-
166,863|Other
Restricted
Funds
Total
-
20,676
8,570
134,578
( 749)
( 54,456)
-
-
7,821
100,798
-
155,889
( 2,312)
( 72,639)
-
-
5,509
184,048| |---|---|---|---|---|---| ||||||| Mission Support is administered in a separate budget funded by specific gifts, any shortfall being met by the general fund. Gifts are included in restricted funds where the donor has expressed a preference that the gift be for the Church's mission support fund or for a specific organisation or project. Such gifts and instructions are only accepted if within the scope of the objectives of the Church and the organisation or project is supported by the Church. The Relief Fund is for pastoral situations that are outside the range of the Pastoral expense budget. Gifts received in 2024 were the response to an appeal for needs anticipated as a result of the challenging economic environment. The Westbury Building Project Fund is used for gifts and grants received where the donor has expressed a preference that the gift or grant be so used or in response to an appeal for this purpose. of the Westbury Centre Cafe. This is included in Other Restricted Funds and is being used to meet the net cost of the ## **11. Analysis of Net Assets between Funds** |R
Fund balances at 31 December 2024 are represented by:
Tangible fixed assets
Current assets
Current liabilities
Fund balances at 31 December 2023 are represented by:
Tangible fixed assets
Current assets
Current liabilities|estricted
Funds

-
184,048
-
184,048

-
100,798
-
100,798|Unrestricted
Funds
Total
53,721
53,721
152,949
336,997
( 10,832)
( 10,832)
195,838
379,886
71,909
71,909
128,830
229,627
( 3,554)
( 3,554)
197,185
297,982| |---|---|---| ## **12. Operating Lease Commitments** 19 May 2027 with a break point on 18 May 2023. In 2023 the charity entered into two further rental lease commitments expiring within 12 months. ## **13. Contingent Liabilities** The Church had no contingent liabilities or other leasing commitments at 31 December 2024 or 31 December 2023. ## **14. Ultimate Controlling Party** The Church's ultimate controlling party is the Board of Trustees.