## CRYSTAL PALACE COMMUNITY CHURCH
A company limited by guarantee and not having share capital
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 28[th] FEBRUARY 2025**
|Company no. 05049803|Company no. 05049803|
|---|---|
||Charity no. 1103443|
|Contents|Page|
|Report of the Directors|2|
|Independent examiner’s report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|
7|
## **CRYSTAL PALACE COMMUNITY CHURCH**
## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 28[th] FEBRUARY 2025**
## **ADMINISTRATIVE INFORMATION**
**Status** Crystal Palace Community Church is a company limited by guarantee
**Directors** Jane Margaret White Hilary Margaret Wren Penelope Anne Hughes (from 21April 2024)
**Registered Office** 17 Sydenham Road London SE26 5EX **Registered Company no.** 05049803 **Registered Charity no.** 1103443
## **Charitable objectives**
Crystal Palace Community Church is governed by its Memorandum and Articles of Association. Crystal Palace Community Church’s objects are:
1. To promote and advance the Christian Faith throughout the world generally including by the worship of God, the instruction and edification of Christians, the care and Christian instruction of young people and children and the evangelisation of non-Christians.
2. To relieve poverty, hardship, sickness and distress among all peoples of the world.
3. To promote education and training.
4. To support such other charities and charitable purposes as the trustees shall decide.
## **Description of the organisation**
Crystal Palace Community Church is run by a Board of Directors who act as trustees of the charity. The Directors are responsible for the strategy and management of the charity and delegate certain responsibilities to a leadership team led by the church leader Mr Harry Canning.
## **REVIEW OF ACTIVITIES**
The core membership of the church is 10 -12 people, and they don’t all come on Sundays. For the whole year we have continued the format of 3 Sundays at the hall and the last Sunday of the month at Moffat Road for lunch. This has worked well, and it has enabled us to keep in touch with those who don’t come to the hall at 4pm. In September Jayne held the lunch at her house. Going forward we have been able to alternate it using the two houses. The Sundays with lunch brings the bigger attendance with an average of 15.
In January we held a weekly **course for Men** called Diamond Geezers, using the book of that name. We had a blessed time together sharing on a number of subjects. There were 8 attendees. In March we received a donation, which has helped with the church finances.
We continued with **‘The Chosen Series’** through to July. At Easter we showed it to the community and 11 people attended, some from the 60+ Senior Group.
**Jefferson** started a **Bible Reading Group** after Easter. The Asylum seekers enjoyed this group and it was fruitful for a while.
**In June** we started a monthly **fasting day** with a meeting for prayer in the evening. This has continued throughout the year and has been a good meeting and focus point for the church. We made a decision to move the **badminton** from the sports centre to the **Salvation Army hall in Octobe** r, so we could meet regularly. This was sponsored by a member until Christmas as it was more
2
expensive to hire. It has proved successful with **more than 30 people** attending on different evenings. Relationships are being built.
**Jayne, Jossy and Phil** started a **Women’s Workshop** Series in **November** , monthly, on Saturday mornings. This has gone very well with ladies attending from a variety of backgrounds.
**At Christmas** we again followed the successful pattern of having the Service on a Saturday afternoon. This proved to be a good decision again as we had 27 adults and 1 child in attendance, our highest attendance of the year.
**This year our ministry** has continued in much the same way. We have become aware of the need to share the Bible more with those we minister to. Some of the asylum seekers have received their Refugee Status and have been moved farther away. Our ministry is becoming less Hotel oriented and more local and ‘Meet Up’ based.
## **PUBLIC BENEFIT**
The Directors have complied with the duty imposed by Section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in December 2008.
## **RESERVES POLICY**
The Charity’s reserves policy is to have a general fund reserve at least equal to 3 months of its regular expenditure. The general fund, which was £10,241 (2023: £13,945) at the end of the year, remains above this level, and the Directors have concluded that, despite the continued reduction, the current general fund reserves are sufficient and that they will be able to take action to stabilise the position.
## **RISK MANAGEMENT**
The major risks to which the Charity is exposed, as identified by the Directors, are reviewed from time to time and, if considered appropriate, systems or procedures are established to manage those risks. In addition the Directors have ensured that the charity has appropriate public liability, employer’s liability and property insurance.
## **STATEMENT OF DIRECTORS' RESPONSIBILITIES**
The Directors are required by law to prepare financial statements for each financial year which give a true and fair view of the company’s financial activities during the financial year and of the income and expenditure and financial position of the company as at the end of that period. In preparing those financial statements, the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- make adjustments and estimates that are prudent;
- state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, 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 company will continue its activities.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Directors confirm that the accounts comply with current statutory requirements and those of the company’s governing documents.
## **Approved by the board of directors on November 2025 and signed on its behalf by**
Jane White Director
3
## **CRYSTAL PALACE COMMUNITY CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28th FEBRUARY 2025**
|**2025**
**Unrestricted**
**Restricted**
**Total**
Note
£
£
£
**Income from:**
Donations and legacies
25,566
25,566
Interest
102
102
**Total**
**25,668**
**0**
**25,668**
**Expenditure on:**
Charitable Activities
2
29,372
29,372
**Total**
**29,372**
**0**
**29,372**
**Incoming Resources minus Resources expended**
**-3,704**
**0**
**-3,704**
Total funds brought forward at 1 March 2024
13,945
0
13,945
Total funds carried forward at 28th February 2025
**10,241**
**0**
**10,241**|**2024**
**Total**
£
21,128
661|
|---|---|
||**21,789**|
||31,820|
||**31,820**|
|||
||**-10,031**|
||23,976|
||**13,945**|
**Note:** all 2024 & all 2025 income & expenditure is unrestricted
page 5
## **CRYSTAL PALACE COMMUNITY CHURCH**
## **BALANCE SHEET AS AT 28th FEBRUARY 2025**
|**BALANCE SHEET AS AT 28th FEBRUARY 2025**||
|---|---|
|**2025**
£
Note
**Fixed Assets**
**0**
**Current Assets**
Debtors
4
4,519
Cash at bank
6,847
**11,366**
**Creditors: amounts falling due within one year**
**1,125**
**Net Assets (Assets less current liabilities)**
**10,241**
**Reserves**
Restricted Funds
0
Unrestricted Funds
10,241
**10,241**|**2024**
£
**0**
3,321
12,414
**15,735**
**1,790**|
||**13,945**|
||0
13,945|
||**13,945**|
## Audit Exemption
For the year ended 28/02/2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime
Approved by the board on 2025
Signed on its behalf by
Jane White Director
page 6
**CRYSTAL PALACE COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28th FEBRUARY 2025**
## 1 **ACCOUNTING POLICIES**
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006, and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK & Republic of Ireland (FRS102) (effective 1 January 2015).
The accounts have been prepared on the going concern basis. The directors are aware that the expenditure for the year is again higher than the income and therefore the reserves have reduced. However they are taking further steps to reduce expenditure and are confident that, with the measures being taken, the financial situation can be stabilised. They have concluded that they have a reasonable expectation that the charity has sufficient resources to continue in operational existence for the foreseeable future.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy
## **Expenditure**
Expenditure is accounted for on an accruals basis, inclusive of VAT, which cannot be recovered.
## **Depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery etc. - 20% on cost
## **Taxation**
As a registered charity the income of the company is exempt from tax under the Income and Corporation Taxes Act
## **Funds accounting**
Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Restricted funds - these are funds which can only be used for particular purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## 2 **CHARITABLE ACTIVITIES**
|**ARITABLE ACTIVITIES**
**2025**
**Unrestricted**
**Restricted**
**Total**
£
£
£
Minister salary & expenses
17,190
17,190
Rent
9,512
9,512
Giving to other organisations/ missions support
0
0
Other administrative, church & events expenditure
2,670
2,670
29,372
0
29,372|**2024**
**Total**
£
17,188
10,581
900
3,151|
|---|---|
||31,820|
## 3 **DIRECTORS REMUNERATION AND BENEFITS**
The directors received no remuneration or other benefits during the year
## 4 **DEBTORS**
|4 **DEBTORS**
Income tax recoverable (Gift Aid)
5 **FUNDS**
Unrestricted funds:
General Fund
Restricted funds|**2025**
**2024**
£
£
4,519
3,321
**4,519**
**3,321**
**At**
**Incoming**
**Resources**
**01.03.24**
**Resources**
**expended**
£
£
£
13,945
25,668
29,372
0
0
0
13,945
25,668
29,372|**At**
**28.02.25**
£
10,241
0|
|---|---|---|
|||10,241|
page 7
## CRYSTAL PALACE COMMUNITY CHURCH
A company limited by guarantee and not having share capital
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 28[th] FEBRUARY 2025**
|Company no. 05049803|Company no. 05049803|
|---|---|
||Charity no. 1103443|
|Contents|Page|
|Report of the Directors|2|
|Independent examiner’s report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|
7|
## **CRYSTAL PALACE COMMUNITY CHURCH**
## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 28[th] FEBRUARY 2025**
## **ADMINISTRATIVE INFORMATION**
**Status** Crystal Palace Community Church is a company limited by guarantee
**Directors** Jane Margaret White Hilary Margaret Wren Penelope Anne Hughes (from 21April 2024)
**Registered Office** 17 Sydenham Road London SE26 5EX **Registered Company no.** 05049803 **Registered Charity no.** 1103443
## **Charitable objectives**
Crystal Palace Community Church is governed by its Memorandum and Articles of Association. Crystal Palace Community Church’s objects are:
1. To promote and advance the Christian Faith throughout the world generally including by the worship of God, the instruction and edification of Christians, the care and Christian instruction of young people and children and the evangelisation of non-Christians.
2. To relieve poverty, hardship, sickness and distress among all peoples of the world.
3. To promote education and training.
4. To support such other charities and charitable purposes as the trustees shall decide.
## **Description of the organisation**
Crystal Palace Community Church is run by a Board of Directors who act as trustees of the charity. The Directors are responsible for the strategy and management of the charity and delegate certain responsibilities to a leadership team led by the church leader Mr Harry Canning.
## **REVIEW OF ACTIVITIES**
The core membership of the church is 10 -12 people, and they don’t all come on Sundays. For the whole year we have continued the format of 3 Sundays at the hall and the last Sunday of the month at Moffat Road for lunch. This has worked well, and it has enabled us to keep in touch with those who don’t come to the hall at 4pm. In September Jayne held the lunch at her house. Going forward we have been able to alternate it using the two houses. The Sundays with lunch brings the bigger attendance with an average of 15.
In January we held a weekly **course for Men** called Diamond Geezers, using the book of that name. We had a blessed time together sharing on a number of subjects. There were 8 attendees. In March we received a donation, which has helped with the church finances.
We continued with **‘The Chosen Series’** through to July. At Easter we showed it to the community and 11 people attended, some from the 60+ Senior Group.
**Jefferson** started a **Bible Reading Group** after Easter. The Asylum seekers enjoyed this group and it was fruitful for a while.
**In June** we started a monthly **fasting day** with a meeting for prayer in the evening. This has continued throughout the year and has been a good meeting and focus point for the church. We made a decision to move the **badminton** from the sports centre to the **Salvation Army hall in Octobe** r, so we could meet regularly. This was sponsored by a member until Christmas as it was more
2
expensive to hire. It has proved successful with **more than 30 people** attending on different evenings. Relationships are being built.
**Jayne, Jossy and Phil** started a **Women’s Workshop** Series in **November** , monthly, on Saturday mornings. This has gone very well with ladies attending from a variety of backgrounds.
**At Christmas** we again followed the successful pattern of having the Service on a Saturday afternoon. This proved to be a good decision again as we had 27 adults and 1 child in attendance, our highest attendance of the year.
**This year our ministry** has continued in much the same way. We have become aware of the need to share the Bible more with those we minister to. Some of the asylum seekers have received their Refugee Status and have been moved farther away. Our ministry is becoming less Hotel oriented and more local and ‘Meet Up’ based.
## **PUBLIC BENEFIT**
The Directors have complied with the duty imposed by Section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in December 2008.
## **RESERVES POLICY**
The Charity’s reserves policy is to have a general fund reserve at least equal to 3 months of its regular expenditure. The general fund, which was £10,241 (2023: £13,945) at the end of the year, remains above this level, and the Directors have concluded that, despite the continued reduction, the current general fund reserves are sufficient and that they will be able to take action to stabilise the position.
## **RISK MANAGEMENT**
The major risks to which the Charity is exposed, as identified by the Directors, are reviewed from time to time and, if considered appropriate, systems or procedures are established to manage those risks. In addition the Directors have ensured that the charity has appropriate public liability, employer’s liability and property insurance.
## **STATEMENT OF DIRECTORS' RESPONSIBILITIES**
The Directors are required by law to prepare financial statements for each financial year which give a true and fair view of the company’s financial activities during the financial year and of the income and expenditure and financial position of the company as at the end of that period. In preparing those financial statements, the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- make adjustments and estimates that are prudent;
- state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, 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 company will continue its activities.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Directors confirm that the accounts comply with current statutory requirements and those of the company’s governing documents.
## **Approved by the board of directors on November 2025 and signed on its behalf by**
Jane White Director
3