CompAwy Regtslrn¢MM N•mber 05163144 Charity Registr*¢¥M Nwmber 1104981 CHIUSTCHURCH CLAYPATH DURHAM (A Compaoy Limited by Cuaran¢ee) REPORT OF THE DIREcfoRS AND UNAUDITED FINANCIAL STATEMENrs FOR THE YEAR ENDED 30 SEPTEMBER 2025 EYtr-, never ordinary Baines Jewitt HeliJin&J 10 drive L)usinesses and iiidividuals forw(Ird io meei their goals. CNthaTERgO ACCOUNT ANTS ANC) BSINeSs AOVISEAS bainesjewitt.co.uk
CHRISTCHURCH CLAYPATH DURHAM {A Compny Umh¢d by G#2tee) REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEvfEMBER 2025 Pages TrtASttts' Anmual Report (Including Dirfftors. Report) I to6 Independent Examiner's Report Statement of Fbnaneial ActiYitieslSurnm4ry ltwe nd Expendltll Aecouwt Baln¢¢ Shett Slxtememt (trf Casb F10 10 No¢es to the Fin*n¢l41 Statements 1110 19
Page I CHRISTCHURCH CLAYPATH DURHAM (A Comp4ny Limited by Gtharntee) TRUSTEES, ANNUAL REPORT (INCLUDING DJREcfoRS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trllsiees are pleased to present their wor( together with the Unaudit finan¢T)I statements of the charitable company {Ihe charity) for ihe year ended 30 SeF4ember 2025. The ttt$ have adopied the provisions of The Stal¢menl of Recommended Practice (SORP) 'AcenI]ng and Reporting by CharitTres' (FRS 102) in preparing the annu41 report and financial statements of ihe charity. Th¢ financial statements have been prepared ID accordanee with the accouniing p)licies S out in notes to the accounts and cornply with the charity's governing document, the Chariiies Aci 2011 and 'Accounting and RepoTting by Charities.. Statement of Recommended Practice applicable io charities preparing their KwuTh15 in a¢cordance with the Financial Reporting Standard applicable in (he VK and Republic of Irelan wblisl)ed in (ktober 2019. Trust¢¢s ofthe Chrity The dirrf¢ors of th¢ Gharitabl¢ (ompany are its inceS f4x the purpoKs of tharity law. DdAils of ihe trustees who have served during the year and since the year end can be found ffi page 6. OWECTS AND A1VITIEs Chri5trhurch DurhaTn is an ¢Yangelical ¢hurch. based in the centre of trhoM, whieh serves a breadth of age groups and nationalities including seni(Y Citin5, familie4 young &Jults and udents. Tr Principkl d)jectiv¢ of the church is the advancement of the Christian faith. A5 suth, we und¢rtak¢ a variety of weekty and monthly activities with a Christian fU$. including= Two Sunday service5 during the morning and evening Children's Church and crèche during the Sunday momirtg meeting Courses exploring the Christian faith for ihe stthi ministy Slieky Fin8ers is a baby and toddler group lh meets Friday mornings Friday evening Ywth group for 11-18 year olds Mid-week group5 across Durham, providing Bibk silldy 8È)d pastoral suppon Al1•congregaii m¢mthly prdyer rneelings and weekly student Wdyer meetings A Ministry Training Scheme for people considering fu114irne Christian work Christian ministy training for Yu(knts Breakfast meetings to build men's al wom¢n's fellowship ACHIEVEMEJYTS AIYD PERFORMANCE The charity carries a range of a¢iiviti¢s in purnian¢¢ of its charitsble aims. The truslees consider that these iiviti¢$, as summarised below, provide ben¢fii io iM)th the ¢hyr¢h ond the wider c<Knmuniiies seTved by the church. Families Th¢ famhly congregation currenily includes arouTMJ 105 ultS plus around 47 under 18s. Children's Church runs during the Sunday services and caters for 39 children agd 0-14. In Èddition, gu¢stsand visiiors attd throughout the year. A dedicat¢d family minister ensures supwAt and pastoral care for this ministry. Throughoutihe year. we have run church lunc$, approximately once pertem), andachristmas dinner, to build relationships within the church. Church lunches have also provided th¢ OPTtU1ty to hear from Mission Parmers. Childrert attd Yollth Children's activities are held thrnughout the year, including Chi]dren's Church for ¢hildr¢n aged 0-14 years. which Nn5 during school teTrn time alongsid¢ lh¢ Sunday mcthing seThice. The five age groups have a mixtur¢ of games, bible i¢a¢hing. discussion and activities tailored io the intelleual and spiritual development of each group. Siicky Fingers is a baby and toddler group that rneets in the church foran hourand a half on Friday mOTnings. This ad¢l[li year, the church has connected with a total of 50 fJmilie4 With an average of 15 to 18 families in attendarKe th week. The Youth Group for 11-18 yearolds meels on Fridpy ¢v¢nin84 with allendance of around 12 youngpeople. The group meets for bible leaching and dsscussion folh)wed by gawn¢s ?j xxial lime.
Page 2 CHIUSTCHURCH CLAYPATH DURHAM (A Company Limlted by Guarantee) TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACHIEVEMENTS AND PERFORMANCE (Con¢in#ed) Outrtaeh In March, the church joined a naii(MJwide outreach iniliative kd by A P&ssion for Life and ran three guesi evenis. including men's eurry nighi, a quiz nighi. and a fami]y event. Five gUeS came io the cuny nighL nin¢ lo the quiz night. and fr)urte¢n to the eommunity event. In this periLML we also ran two guest SthviC with thTee guests an¢nding. Siudenls Around 200 Durham University students continut to anend our Sunday seTvices each week. The mi&week Bible srudy our5¢ for students continues in the same location with 250 students signed up to groups. In athlition io this, we held a sOnd part of this Bible siudy evening with fi)rmal Instr110 in ChriMian teaching. Regular welcome suppers provide opportunities for new students to join in and S[c1r1¢ events Forth graduating help io prepare them for life after vniv¢rsity. Once a year we organise a r¢5idewbtial ¢(mf¢Tence forstudents attended by 185 p as well as various events to help equip young leaders in Christian ministy. The number of international ssudents attending wr church this past yew h&5 been around I S in an aveJ28e wttk. We run regular meeting for iniernational Sludents. Corners. Leaders a150 org4nis¢ r¢gular trips. walks and meals in their hotne& Hosting Th¢'Adopl a&udenl' initiative CODtinu¢s to beApprecied bystudents and familie& 155 studentsare linked with a particular family or individual wiihin the congregarion and enjoy meals together throughout the year. We are ¢oniinuing the'friend of a table h¢e. which invites members of the local Church family io join a Mudeni Bible study to provide support and encouragement to Sden4 week by wttk. Women The church runs two wen,$ Bibk studies kd by members of the c{gresa¢1 providing pastoral supF to those who ¢ome. Throughoui ihe year. a(kJilional ¢v¢nts have been organised. In November 2nd May. women's breakfasts are run with aèoul 50 women from boih resid¢nt and student congregations attending. In F¢bnJary a group went io the Northern Women's Convention. a day ¢onfeTen¢e in thrlinglon. Men Men'5 dinners are run in November and May with arou[ 40 men fr(Kn 5tud¢ni and residentcongregations. A monthly group for men also meeis to build relaiionships. Caretr Opportunities Six people took part in our Ministry Training Programme thi$ year, with five new ministry irninee5 Starting and (¢ carying on for a SOnd yur. This trainin8 programme is for those 8TrdUes ¢onsidering fijll-iime Chrisiian work. The Irdining programme includes participation in the minis Training Course Tun by the North Easi Gospel Partnership, participating (and in some cases leading) ¥aru5 ministries the church runs and Serving in praciical ways in ihe church. Traini#E As well as sending i)ur Associates io the NEGP minis Training Course. we also provided som¢ ifvhouse trnining sessions with them, kncluding ialk practice. Q&A sessions, and bo[ dI5]QnS. Our siaff and volunteers have again att¢nd¢d varii)us training programmes in the areas of Fire Safety. FI Aid and F(KKI Hygiene to ensure thai our wofessionalisni In th¢5¢ arA8 is curreni. To promote, CO•ordinaie and manage these aclivili¢& the church ha5 significant supwi and adminiMraiive costs.
Page 3 CHRISTCHURCH CLAYPATH DURHAM {A Comp8Ay Lirnited by Guarantee) TRUSTEES, ANNUAL REPORT {INCLUDING DIREoRs, REPORT) FOR THE YEAR ENDED 30 SEvfEMBER 2025 ACHIEVEMENTS AND PERFORMANCE {CoAtiftued) Training (eontiThu¢d) The trustees regularty ttview the objects and 1vIlieS of th¢ knty and, &8 part of this review, they have eortsidered the Charity Commission's general guidance on public benefii, and parti¢ulJrty its supplementary guidarKe on the advaneement of religicffl for the public Eenefit. Mlssion PartD¢rs Christchurch partners wilh seven familieCOupleS servins in evangelisti¢. Church. ortrainingminiwies in London, Belgium, Italy West Africa, and Japan. Th¢ Ghurch provides support through prayer in Chllh seNices and prdyer meetings and provides encouragement to Mission P4rfn¢rs. Mission Partners visit and joirt church prayer meeiings via video link. Christrhurch also prays for five Training Partnets. These we C{p]eS or individua15 who 4T¢ Iraining for Christian ministy at th¢ological college. either in the UK or overseas. External Revlew into Ladtrskip aRd Govern#0 We are thankful to those who raised ¢(CernS in 2021 a1Xllhe leadership and governance of our church. We appreciate the effort ¢ak¢n to raise these concerns in away that honLNJred th¢ Lord. In reSwA to thiswe comrni&5ioned a review to consider the concerns raised. We a grateful for the Contri11$ to the r¢view process made by all who look part including the contribution of th¢ fom¢r l¢ad¢rship. Due to variou$ insumiounthbie issues, we have ten unable io Ixing the commissioned review process to completion, and the review has therefore b¢¢n abrogated. We have found this pr(Kess farTO wmplex ihan we had expe¢ted and are deq)ly sony for our failings in il. We are for. mistskes that were made in setting up and processing of the review; our failure io post consistent updates on our website. the amount of lime that ¢lap5¢d since the review was comrnissioned: and any wrong expectation5 we have created alx)ui how thi5 pnKe55 would progress and conclude. We have now invested significant time and resourtts into this pr($ and share the disaFvoinlm¢nt this will cause. Though we have E¢n unable to complete our review proce5& sinc¢ 18 aFwinted in November 2022. we, the current leadership, have refle¢t¢d on our life as a church and our leadership SIWths. Th¢ church council and Trustee% have made the decision to Tnov¢ from Angliean p)lity io a new elder-led congregalional cw$tituiion and have approached regional and nalional networks and partherships for Sup) and rnutual encoUgeMent. We are very aware that thert is much we still need to learn and aye committed to listening to anyone who has ongoing concerns. We have iherefore drdfted and made avoilabl¢ on our websiie and at the back of chuwh, a new fornial complainis policy to make concems known in the futur& We are thankful for all the Lord has tsught u$ #bout His grace and mercy through this process and are now looking io Him to guide u5 in th¢ future as we seek to love Him and thos¢ whom we ar¢ called to serv¢. We are prnying ihatGod will uphold andsustain all involved and enable us towalk forward in faith entTusiing ourselve5 to Him. The church continues to be in an inierregnum, and two assist1 minitr5 are leading the Udent and local congregations. Th¢ senior minister role is cutTently va¢¥nt, and trustees will seek to fill lh role in the coming year. Governanee Updates The trusiees have tsken steps toward implemenling a new consiiiuiion for the church. which would change the Stne5 of govemance. The elders have consulted within th¢ coDgregation to gain consensus on proposed changes and have begun the pro¢e%s of drdfthng a new constiiulion. A draft proFosal IS ¢XF*ded to1 presenied to the membership for consideraiion laier this year (2026).
Pwg¢ 4 CHRISTCHURCH CLAYPATH DURHAM (A Compajy Lirni¢eil by Guar4A¢ee) TRUSTEES, ANNUAL REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30 SEwfEMBER 2025 ACHIEVEMENTS AiYD PERFORMANCE {ctIed) FINANCIAL REVIEW In lern15 of our income and expenditure. we had rfftet outgoing resources for the financial yearof £15,598 (2024.. net incoming resources of £2,373) in unrestricted fimds. Restricied income was equal io restricied expenditure in the year und¢r r¢vi¢w. There was no restricted income or exndit Én the rKevi(HJs year. When adjusted for this year's non-cash depreciation of £1,436 {2024.. £1,917). the Tevenue accoun¢ for the genernl rnnning of the churth rtlleeted a cash deficit of £14.162 (2024- ¢osh 5urplu5 of £4,290). The Balance Sheet at 30 September 2025 retkcis i(*al net assets of £2,108.170 (2024.. £2.123,768) all of which represenis unrestricied funds. The trust¢es remain confident as regards the ongoing finan¢ing of the church's commitinents ov¢r the medium and longer- tem futu. Investment Policy The charity'5 surplus funds continue io be inve on current and dew)sit ¥C04mts wilh The Co-operntive Bank. Reserves Policy It is the ultimate inteniion of the trusiee5 to endeavourlo achieve maintsin cash-backed unrestricted fvnds, which are the free T¢Serves of the eharity. ai ihree months. gross eXpeIllUTe within those unrestricted funds. Reserves remaifted loW thi% level At the beginning and eThl of the year under review i¢ have significantly improved sirKe the finan¢io1 yearend aThJ the Inlee$ are s21isfied ihai ihe reserves policy ren]n5 approwiate and achievable. Rlsk Management The trustee5 have afways given due care and attention io the risks the thurch faees and adMinier the charity's finantts 4nd assets in a way that identifies and manages risk. PLANS FOR FUTURE PERIODS Christchurch Claypath Durham will again Tun 4 Ministiy Trnining Scheme from September 2025. Two curreni rrainees will eontinue and at least three more will join in Sepi¢mb¢r. We hope to apwTrint a Student Worker or Assi$1oni Minister io assist the Asgxiate Mini$t¢r in ihe rnnning of the Student Ministty and who will have SFe¢ifi¢ resrthsibility for wornl care of the female sdenl& In future periods, the church will continue to rKi(Yitise its win¢ipl obj¢aive. Ing the advancernent of the Christian faith. The church hLV¢S to arviini a new Senior MinisteT in due course. as well ¥s ¢ffitinuing with all of the core ministri¢s over the eoming year. srRUCTURE. GOVERNANCE AND MANAGEMENT Covernlng Document Christchurch Claypaih Durham is a cornpwny limited by guarane, registered in England, incorwated on 25 June 2004 and r¢gi5tered with the Charity Commission from 20 June 2(MM. The company is 8overned by 115 Memorandum and Articles of Association whifjh w¢re upjaied in July 2021. the evffll of the eiKnpathy being wound up, members are requir¢d io contribu1¢ an gmounl ¥hoi exceeding £1. Appointment of Trwtees New trustees are appointed on the recomMend10n of ihe existing tn]St¢¢5. The trustees, when complete, consist of ai least four and not more than nine individuals and include ihe Senior Minist¢r. There were no changes in rru5tees in the year under review.
Page 5 CHRISTCHURCH CLAYPATH DURHAM {A COmnY L4rnited by Guar8Mtee) TRUSTEES, ANNUAL REPORT (INCLUDING DIREoRs. REPORT) FOR THE YEAR ENDED 30 SEpfEMBER 2025 ACHIEVEMENTS AND PERFORMANCE (Continued) FINANCIAL REVIEW Trnstees. IDductioN and Trainill TrUee5 are already familiarwith thewor* ofthe church a5theyatedrnwn frTrn within ihechurch member5hiT4congregatioll. The iNstees have induction pr[edureS to ensure new trustees urtderstand their roles and obligation& As part of ihese rKocedures. mMees are ¢n1raged to attend appropriate internaU¢xi¢mal training events io facilitate undertoking of their roles. Oyggilsation The management and administra¢ion of the chwity is underihe control of the trustees who med ai least monthly. Day to day operntional matters are delegated ro the two Assislynt Minier$ of the church and lh¢ Administrator, as well as a number of hureh volunteers. Pay Polley for Key Managemtnt Personnel The salarie5 of the key managemeni personnel are revi¢w¢d annualty. The tnCeS benthrnark again pay levels in other similar organisation5. Related Partles Other than as disclos1 in notes 10 20 10 the fmancial Sthtem¢n th¢re were Jw r¢rKJrtable related party tran5aCtbons during the year under review.
Page O CHRISTCHURCH CLAVPATH DURHAM (A Comp2Ry Limited by Guaranttt) TRUSTEES, ANNUAL REPORT (INCLUDING DIREoRs, REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 REFERENCE AND ADMINIsfRATIVE INFORMATION Charlly Name: ChTi5tchurth C]aypath Lhjrham C(Hnprty Re£lstr#tlon Nurnber. 05163144 (England Wales) Charity Registration Numlytr: 1104981 Registered Offi¢v. Chrimchurch Durham claYh Durham DHI IRH Direetors and Trn5tees: Mr J Long Mr P WiggitLS Mr D Taylor tk C Erkbo¢h Chureh Treasurer: Mr S Siill Independent Examiner. Mr J FCA Baines Jewill Limited Spitfire House 19 Falcon Court Preon Fami Industri Estste Sto¢kion-on-Tees TS18 3TU Bankers: The c0p1ve Bank FX) Box 250 Delf House Southway Skelmersdale WN86 Solieitors: Edward Connor Solici 41 The Point Market Harborough Lei¢¢sterthi LE16 7QU This report has I7 wepared in accordance with the speeial rovist0S of Part 15 of the Companies Art 2006 Telaiing io small companies. Approval This report was apwoved by the diredoTS on .... . and signed on their behalf by.. MrDTa Trustee
Page 7 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTCHURCH CLAYPATH DURHAM I report to the charity trustees on my ¢xomirtatiM of the accounts of the company for the year ended 30 September 2025 which are set out on page5 8 to 19. Responslbllltles 8Ad Basis of Rtport As the charity trustees of the company (and also it5 direaors for the purposes of company law) you are resp)nsible for the preparniion of the accounts in accordance wilh the r¢quirements of the Companies Act 2)6 ('the 2006 Aci.). Having satisfied myself that the accounts of the cownpany are required to be audiied under Part 16 of the 2(MJ6 Act and ar¢ eligible for inde[ent examination. l Tep(wt in r• of my examin&ion of your ¢ompany's accounts as carried out undersection 145 of the Charities Act 2011 ('Ihe 2011 Acl.). In rying out my examination I have followed the Direciions given by the Charity Commission under seaion 145(5Xb) of the 2011 A¢1. Independent Examiner'$ Sttemtttt Since the company'5 gross irt¢ome excttded £250.(MXTr. your examiner must b¢ a memkr of a listed in s¢¢tion 145 of the 2011 Aci. I confirn) that l arn qualified to undertake the examination because l am a mern1r of the Institut¢ of Chartered Accountants in England and Wales {ICAEWI. which is one of the 1]ed t¥)dies. I have completed my examination. I confirni no matters have ¢(xne to my attention in c¢)nnertion wilh th¢ examination giving me cause to lIeve that in any maierial resiKd: accounting re¢ord$ were not kepi in res of the company a5 required by seaion 386 of the 2006 A. or the accounts do noi ac¢ord with those reCth. or the accounts do not comply with the A¢¢ounting rtquirements of section 396 of the 2Th)6 Act other than any requirement thai the accounts give 4 'tru¢ and fair vi¢w' which is nol a matter considered as part of an independent examination.. or the acC(nts have not been Ewar¢d in a¢corthce withthefflethcd5 and witiciples ofthe Ststemeni of Recommended Pra¢ti¢¢ for aowunting and r¢portin8 by charities applicabk io charities preparing their accounts in accordan with the Financial R¢FXNting Standjrd applicable in the UK and Republie of Ireland {FRS 102). hav¢ no concern5 and hav¢ ¢ome across no oiher matter5 in ci)nnection with the examination io which attention should be drawn in this report in order io enable a Ffoper Undeanding of th¢ accounts to be reached. dvA Mr J Les¢er FCA Baine5 Jewitt Limited Chartered Actountalts Spitfire House 19 Falton Court Preston Farth Industrial Estte STOCKTON ON TEES TS18 3TU Date . *ti¥l vb JiJAJW
Pgge 8 CHRISTCHURCH CLAYPATH DURHAM {A Cornpamy Limited by Guarntee) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 (ineluding Summary Income and Expenditure Aecount) Unre5tr•rtsd Futhds 2024 Re5tTiCted FuDd5 2025 2024 Totsl Funds 2025 2024 Notes INCOMING RESOURCFS In¢oThe Endowments frorn: Donations and legacies Oth¢r adivities Other income Investment inc(ne 305,156 299.808 30J14 17,916 32,482 673 372,706 30J14 299,808 17.916 32,482 TOTAL INCOME 335968 350207 67J 403518 350,207 RESOURCES EXPENDED Expenditure on: Charitable Activities 351AOO 347.834 67J50 419.116 347.834 TOTAL EXPENDITURE 351 347.834 67J50 419,116 347,834 Net Intomingl(Outgoing) Resourtts for Year (15J98) 2J73 {15598) 2.373 Rttoneiliition of funds: Total fijnds brou1 forward 1124768 2,121 J95 2,123,768 2.121.395 To¢81 Funds Carried Forward 17&18 2,10&170 1123.768 2,1170 2.123,768 The Stamcni orrinancial Acltviiies includ¢5ail gain5 and tOSS¢S f¢¢O8nid in theye¥. All incoming re5our5 and Tfscrtw¢CApux1¢d thriv¢ from corninuin8aciivitic5. The on E¢S 1110 19 forni pan of th¢se fi[wla] *atemcTrts
Page 9 CHRISTCHURCH CLAYPATH DURHAM (A Company Limited by Gu4r4nteel BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Note FIXED ASSETS Tangible assets 12 L144JOD 2,145,736 CURRENT ASSETS Debtor5 Stk Cash at bank and irt hand 13 4J24 9,447 $343 20,685 IOJ67 32.132 CREDITORS: Arnounts fAllin% due withiA one year 14 (32,278) (30,4551 NET CURRENT ASSET(LIABILITIFS) (21,711) 1,677 TOTAL ASSETS LESS CURRENT LIABILITIES 1122 2.147,413 CREDITORS: Arn(wnts falling due aft¢r mor¢ than one year 15 (14,419) (23.645) NET ASSETS IIW17 2.123.768 FUNDS Unrestricted funds Restricied funds 18 2,10&170 2.123.768 TOTAL FUNDS 17&18 2,IW170 2.123,768 For the year ended 30 Sepiember 2025, the mpany w&8 entitled to exemption from audit under Section 477 of the Companies Act 26 r¢l*iDg to small ¢ompanies. Directors, responsibilities.. The members have nol required the Company to obthin an audii of its financial statements for the y¢ar in question in accordanc¢ with Section 476. The diredors acknowledge their r¢5twibiliiies for complying with the requirements of the Act with respeci io aceouniing records and the preparation of financial Sement& These financial statements hav¢ be¢D pr¢pared in accorda¢ with the special provisions forsmall companie5 under Part 15 of the Companies Act 2(Kt6 relwing to small ¢omF•ni The financial staiements were approved and authoTised f(Y i&sue by ihe Board on ... .. .. . Signed on beha of th¢ Board of Directors by: MrDT8y Trllste¢ The t1¢5 pages I l LO 19 fonn ofthesc flnancial 5thtrm¢n
Page 10 CHRISTCHURCH CLAYPATH DURHAM (A Company IAmited by GuarADtee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Cash innowl(outflow) from operting •rtivili¢s 21 (400 13,540 Cash inflow from investing ctivititS: Payments to acquire tangible fixed assets Inierest received Net c85h inflow fro investing ctiviil¢s Ch outtlow from financing sttivititt: Repayrnent of mortga8¢ Intcrest paid (8,062) (1,989) (20.810) {3.185) Net cash outflow from finaDelng #ctivitieg (10,651) (23.995) Net ttrse i ¢¥sh and equlvakts year <15,442) (10.454) Cash nd tsh equivalents #t the tginiAg ofthe year 20,685 31.139 Totsl ¢i$h and ¢$h equivaktst$ •t the end of tbe year 5243 20.685 Cash and Cash equivalents consist of: Cash at bank and in hand 5243 20.685 The rleS on pa8ts 1110 19 forrn rArt Orthe finwKial teM¢th
Page 11 CHRISTCHURCH CLAYPATH DURHAM (A Company Limited by Gurn¢ee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEvfEMBER 2025 ACCOUNTINC POLICIES () General Infonnat%Jll 4lld BAsi ofprepratititi Christchurch Claypaih Dutham is a private c4)mpany limited by guaraniee. lSred in England. In ihe event of Ihe charity being wound up. the liability in respect of the guarantee is limited to £1 per member of ihe Charity. Th¢ addTe55 of the lstered offi¢e is given in the charity inforn)ation on page 6 of these financial statements. Th¢ chaTity'5 operations and principal adivitie5 are to advance the Christian faiih. Thecharity con5titutesapublic Etnefiterttity &$ d¢fmed by FRS 102. The fthancial statements have been prepared in Èecordttnce with Accounting and Rewrting by Charities: Statement of Recommended Practice applicable to Charities prtparing their hceixmts in accordance wilh the FinanciAI Reporting Stsndard applicable in the UK a1 Republic of Ircland {FRS 102) i%sued in October2019. Ihe Financial Reporting Stsndard applicable in the United Kingdom and Republie of Ireland (FRS 102). th¢ Ch¥iti¢s Act 2011. the Companies Act 2(6 and UK Generally Aty¢d A¢¢ounting Pra¢ti¢e. The finanGial stalements are prepared on a going concern b&8is under the historical cost convention. They are presented in pound5 Sterling, which 15 the f11(1 curreTW of the charity, and rounded to the nearest pound. Th¢ signifi¢ani o¢¢ounting wli¢i¢s #pplied in the of these financial sthiements aTe sel oui below. policies have b¢en consi$iently applied io all years wesented unless othenyise stated. (b) In¢oming Rere¢S Income rffeived by way of grants and don&ti0115 75 inclu(ied in the StaleTnenl of Finan¢ial Activities when th¢ charity is kgally entitied to the income after any perfonnance condition5 have been m¢1, th¢ amount ¢an be measured reliably. and it is probable that the income will be receiveiL Income is recorded as being from church members (collection5) or SUPFrf)rters who not regular attend¢¢s of the church in tThaM (gifts and Ih)naiions). Where donor5 sp¢cify that grants and donation5 arE for partirular restriaed purpose¥ the income is included in inGoming resou¢5 as restrithd f. Ibere di)nors specify thai itKome rnu51 be applied in a futtw¢ p¢ricMJ. the income is deferred uniil those periods. (c) Resour£es Expeaded Resources expended are included in the stement of Financial Artivities ijn an a¢¢ruals b18 inclusive of VAT. Any expenditure which is for a SFttific purFW IS showlt against the reslrided fund for that purpos¢. All other expendiiure is deemed io be for ihe general Purymises of ihe charity and is recorded against general unrestri¢t¢d funds. Individual costs are allOced beiween the various headings in the Statement of Financial Aclivilies by reference to ihe underlying naiure or reason for which those costs weve incutTrJ.
Page 12 CHRISTCHURCH CLAYPATH DURHAM (A Conhp#y IAmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POLICIES (Coniln4ed) (d) Tangible Fixed Assets and DeprecitiDn Tangible fixed assets belonging to Christthurth ClayFdi tTha we slat at ¢osi less depreciaiion. Depreciation is provided ihe following annual ¢S 50 as lo write off the cost, less estimated residual value, of fixed assets overtheir expecied useful lives: Freehold land Freehold buildings OtTice furniture and equipmeni nil . see below. 25¥/0 reducing balance * The chariry's policy is to tyeciale the freehold tIldinge1CMent of 115 freehold wopety d(n to an esiimated residual value over 50 years. Foliowing impainneni reviews (and related provisiort$) of the initial property in the year lo 30 September2013 and of the subwuently acquired adjacent priwerty (32 Clayp8th, Durham) in the year to 30 September 2016. the trnstees agreed a combined carying value of £2,140,(rfK) on firsi time adoption of FRS 102, comprising £140.¢YJO for fredld land and £2million f4x freehold bllildings. It is trust¢¢s' ongoing policy to rnainiain the ffftthold wwies in a good srate of repair such that estimated residual value is at least equal to bLY)k value. In the opinion of th¢ trystees. any depreciable amount in relation to the freehold buildings is therefore immalerial and hen¢e, subject io an annual review for any evidence of impairrnent, no depreciation is being Fvided on freelK)Id propty at this lime. (¢) P¢nsion Costs Contributions, which are payable inio a 8TOUP wsonal pension and indivithal peonal pension schemes. are charged io the Starement of Financial Activities in the perithl to whith thty relwe. (r) Operating ixases Rentals applicable io opeming lease& where substsntially all of the benefits and risks of ¢)wn¢rship remain wilh the lessor, are charged againsi revenue on a straight-line bast5 over the period of the Itt. {g) Stock Stock is valved ai ihe lower of com and nei realisable value after taking inlo slow moving it¢ms using the first-lfIrSt-OU¢ basi Ih) Debtors and Creditors reeeivabltlpyable wltbim one year Debiors and creditors with no ststed intere51 rale and receivable or payable wiihin one year are recorded at Iransaction price. Any losses arising from impairmenl ATe recognised in exndire. (a) tAMn5 and Borrowing5 Loans and b(mwings are initialty recognised at ihe transauion price including transaction costs. Subsequ¢ntly. they are measured at amortised cost using the effective Intere ra method. less impainn¢nt. (J) Coing Concern The financial siaiements have been werArol on a going concern basis as the tThstees believe that no material unrertainlies st. Th¢ trustees have ¢5]dered the kvel of funds held and ihe expected level of income and expenditure for 12 monih5 from autlmxising thes¢ financial stat¢Jnents. Th¢ budg¢ted income and expenditure is sufficient wiih levels of res¢rves for ihe charity lo be abl¢ lo 11¢ 4s a going ¢oncem.
P82t 13 CHIUSTCHURCH CLAYPATH DURHAM {A Company Limited by Guarnnl¢¢) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 INCOME FROM DONATIONS AND LEGACIES Unrestricted Funds 20ts 2024 Restricted Funds 2025 2024 Tot•1 Fund$ 2025 2024 Collections and regular eivine Gift aid lax recoverdbk 261.697 3&111 63Jt 324077 48,629 261.697 38.111 44J79 30&156 299.8 3n,706 299.808 chOTity buJ¢fitsgreaily from the in¥olv¢m¢ni and enthusi•stic Supr of its TrMny Voluntee In accordance with accounting daTds the eco[11¢ tribUtIon of8entral wo11¢¢[S is measu in the INCOME FROM OTHER AcfiviTIES UDrestricled F•ds 2024 Restrirt¢d Fynd$ 2025 2024 Tot1 Funds 2025 2024 Studcnl conferencc (mr ¢v¢n¢s 19A65 16250 19.468 16250 1.666 30J14 17.916 JDJ14 17,916 OTHER INCOME U*r¢stricted F•lld5 2025 2024 R¢strl¢t¢d Fu•d$ 2025 2024 Totsl Fund5 20ts 2024 Rentsl and 5CTYiccrl Miscellarteou5 incom¢ 32.394 31394 88 J2.482 32,4K2 INVESTMENT INCOME Unr¢stri¢l 21125 Restrkt¢d Fund$ 2025 2024 Total Funds 2025 2024 2024 Interei rcttivAbk TOTAL INCOMING RESOURCLS 396$ 33Q207 67J511 403318 350.207
Page 14 CHRISTCHURCH CLAYPATH DURHAM (A Company Liwited by Gornniee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2025 EXPENDITURE ON CHARITABLE ACTIVITIF5 Vnre5trittrd Fu#ds 2025 2024 Restritted Funds 2025 2024 Tot1 Funds 2025 2024 Sthtrcosts Sthff expenses Donati5 i fDnfererK (Ah¢r even (Xher venuc hire ToiTrin8 aJ¥J c([cre¢S t¥>rttiation and loss on diwsal of fixtd as%ls BoDks and CDS Other ¢xp¢rnlituye Support ¢osts- see b¢low Govemancc coAs- scc bclow 15&461 4ffj13 168.425 15&461 4ffj13 600 28J52 30J77 168.425 28JS2 30J 16,827 30,498 1170) 16.827 30.498 (1701 883 1.778 1.917 lJ36 1.226 1544) 57J25 lJ7292 1.917 189 6.879 88.785 7,490 6.879 88.785 7.49) 57J25 69.742 67JgJ TOTAL RFSOURCFS EXPENDED 3SlJ66 347.834 67J9) 419,116 347.834 Support Costs VDrestriEtsd Fmllds R¢Mrh¢t¢d Funds 2025 2024 Totsl Funds 2025 2024 202S 2024 In5uM¢e Offite admiTh1s(ratio printi postagt and SlAtionery Heal. li8hi and wa disposal Telephothe Tyavel Repair5 and matntenance Legal and professional fecs Child pwoieciion fees Mortgage inleresl Bank ¢hg¢S 7.81 I 7.811 7J20 27.4 1527 734 9.557 25,946 854 3.546 33.267 3.881 335 3.185 403 7,520 27,479 1327 734 6346 1897 207 9,557 25.946 854 3,546 33.267 3,881 335 3,185 403 207 $46 57J25 88.785 57J25 88.785 GoverR¥JNce Costs U•r¢trirted Funds Rtstritted Fuodj 2025 2024 Tot¥1 FuDd5 2025 2024 202S 20?4 Accotsntsncy 2nd indtpendeni examination fees Legal and profe10Th fe¢s 5.7(X) 63.757 67JSO 13IJ07 69.742 7.41x1 67JS0 137292 7,490
Pge 15 CHRISTCHURCH CLAYPATH DURHAM (A comnY Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEVTEMBER 2025 NET INCOMINGI(OUTGOING) RESOURCES FOR THE YEAR This is ststed after charging.. 2025 2024 Depreciation and adjustments on disposal of red a55ets Independent Examiner's fees.. indep¢nd¢n¢ exaTninalion accounting and other services 1.917 1,520 4,465 1.445 4.225 AFF COSTS AND NUMBERS 20Z5 2024 Salaries and wages Social security costs Pension costs (note 9) 130J36 6J59 19,066 142,21 8,558 17.656 15fj461 168,425 There were no payments kn key management PerSLne1 in lheyearwhi1 the churth is in an inlerr¢gnuTn (2024.. £Nil). No employ¢e rrfeived emoluments of mty¢ ihan £60,(MXI. The average number of 5tsff engaged duringthe yearwd5 4 (2024: 5). The full-time ewivmlent numlr of staff engaged during the yeaT w&% 3.4 (2024.. 4.4). PENSION COSTS The pension cOS of £19,06612024: £17.656) represeni payments to a group defined contribution pension hem¢ atml individual p¢nSLQll s¢5 owated in the Ratnes of certain employees of the charity. 10. TRusfEFS' REMUNERATION No remuneration was paid or is due io be paid io any Irusiee or to any peon connected tothem. No trnstee was Teimbursed expenses during ihe year (2024: none). The chariry has indemnity insurance on behalf of thetruste4 olTicersand directors. The costof ihe premium included in ihese firlancial slatements is £566 (2024.. £543). TAXATION As a registered charity, Chri5trhurch ClaypAth tTha is exempt from tax on its income under Section 505 of the Taxes Act 1988 provided that Such ir)corne 15 applied ¢h#ritable PUTpose$ only.
Pgge 10 CHRISTCHURCH CLAYPATH DURHAM (A Comp*ny Limited by Gu•rantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEvfEMBER 2025 12. TANGIBLE FIXED ASSETS Freehold Property: Buildi Furniture and Equipm¢•t Tot•1 CostrV8lu#tloTh Ai l October 2024 Additions ai co Disposals 2J91742 122,98S 2,055.727 At 30 September 2025 Accumulated Depreciati At l October 2024 Charge for the year Eliminated on disposal U92,742 122.985 2.6S5.727 742 117249 5119.991 At 30 September 2025 Net Book Value At 30 September 2024 392,742 11&685 511,427 140,(KK) 2,0,0c 5.736 2.145,736 At 30 Sepiernber 2025 140.IMMJ 4JOD 2.144JOO Frtthold Proprrty Thi5 wmpri5es th¢ main thurrh property known as Christchurch Durham (which wa5 purchased in NovemèÉr 2010, with major r¢furbishJnen¢ ¢ornplei¢d in the year 10 30 kpiember 2013) and 32 Claypath, Durham (which was PLtrchas¢d in May 2015, with major refitrbishment compled in the year to 30 September 2016). 13. DEBTORS AND PREPAYMEIYTS 21125 2024 Gift wd tax recoYeTabk Other debtOT5 and preYments 3349 l.lJ75 4.518 4.929 4J24 9,447 I& CREDITORS: Am4)unts f4lling du¢ wiihin yr 2025 2024 Stew&rdship mortgag¢ Other ¢reditors ond a¢¢ruals 9,191 23,087 8,627 21,828 32378 30,455
17 CHIUSTCHURCH CLAYPATH DURHAM (A Compny Limite41 by Guarn¢tt) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEvfEMBER 2025 Is. CREDITORS: Amounts falliwg due after more one ytsr 2025 2024 Stewardship mortgage 14,419 23,645 Included •bove are the following flllAg in More than fwe yeAfs: Repayable by insialments.. St¢wardthip mortgage 16. SECURED DEBTS The following secur¢d debts or¢ included within creditors: 2025 2024 Stewardship mortgage 23,61D 32.272 The Stewanlship mongage is secured by a legal eh8rge dated 4 March 2013 over the original freehold property Ot Christchurch Claypath Durham. The mortgage 15 repayable by monthly inthhnentsand is dueto be r¢paid in February 2028. A(30 September 2025. Intere wa5 payable 4t 725•h on ih¢ ¢apiiai balance. 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS UArestr•cted Re5trirted Totgl As al 30 September 2025.. Tangible fixed a55ets Net current liabilities Long-t¢mi liabilities 2.14U(KI (21.711) {14k419) 2,144JfKI (21,711> {14,419) 110&170 110&170 As at 30 Septrmber 2024: Tangible fixed assets Nei current assets Long-iemi liabilities 2,145,736 ,677 (23.645) 2,145.736 1,677 123,645) 2.123.768 2,123,768
Page 18 CHRISTCHURCH CLAYPATH DURHAM (A Cornpaiy Lifflited by Guranttt) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 18. MOVEMENT IN FUNDS AI Al thd olyur 2025 Unrestricted Funds: General oIYc 2,123.768 33S968 3SIJ66 2.111&170 Restricted Funds: External review 67,550 67550 Tolal Funds: 2.123.768 403.518 419,116 2,108,170 Ai At tThd ofYe#r 2024 of Y¢ar Unrestri¢1 Fy#d$: General 2.121J95 350,207 347,834 2,123,768 Total Fund5: 2,121J95 350207 347,834 2.123,768 Restrleted Fu#ds: Exiernal r¢vi¢w - donation$ have beeffi re¢¢ived towards the kg41 ¢05ts of the extemal independent review initiated in May 2023. 19. CONTROLLING PARTY Throughoui the current and previous year, th¢ ¢harity was under the ¢(ffitrol of ihe Ird of irusiees. 20. RELATED PARTY TRANSACTIONS Total unrestrithed donations received frnm reled parties during ihe year under review amounted ¢0 £15.205 (2024: £24,995). 21. RECONCILIATION OF NET MOVF.MF.NTS IN FUNDSTO CASH FLOW FROM OPERATING AcfiviTIES 2025 2024 Nd movement in funds Add: Depreciation and loss on disp1 of fed assets Inleresi payable Less: Inleresi receivable Decrease in debtors Decrease it) siock Increa[decre&Se) in cttditors {15A98) 2.373 1,917 3,185 (9) S123 I,0 1,2S9 6,605 (539) C85h Inflowl(Outflow) frorn Oper•ting Aclivitits (4.81x1) 13.540
Page 19 CHRISTCHURCH CLAYPATH DURHAM (A Company Limited by G¥arntte) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 22. LEASES (werating lews The future minimum lease payments ut)der nonvcancellable operating leases are &$ follows: 202S 2024 Ler than one year and not later than five years 1.038 2.074 FINANCIAL INSTRUMENTS The canying amounts of the charity'5 fiThancipl instrurnents art &4 follows: Fi#neil Atsets 2025 2024 Cash at bank 5343 20,685 FlnAndAI Liabiliti¢$ Measured at aMOrti ¢ost'. Other creditOTS and accTuals (note 14) Stewardship rnortgage (no5 14. 15 and 16) 21,828 32,272 23,610 46,697 54, IIM) The income, expense4 net gains and net losses attributsble to the dbarity'5 finan¢ial instrumertis are summarised as follows.. 2025 2024 Mortgage inierem exwise: Financial liabiliiies meayjred at amortised co 1,989 3.185 Interest receivable.. Financh11 assets measured at amortised cost The iotal int¢r¢a experts¢ for financial liabilili¢s that are not me&8ured ai fair value was £1,989 (2024-. £3,185).