Yesterdayi Today and Forever Church Detalled Ststement of Flnanclal Actlvltles for the Year Ended 31 October 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legades Glfts & Ix)ok sales Glft ald 21,551 8,014 19,204 4,914 29,565 24,118 Investment Income Deposlt account Interest 2,744 1,044 Total Incomlng resources 32,309 25,162 EXPENDrnJRE Ralslng donatlons and legacles Grants & donatlons Fundraising & publldty Management & admlnlstratlon Property Improvements 5,000 5,578 11,719 462 4,998 7,987 300 22,759 13,285 Other Freehold property Plant and machlnery 3,838 1,333 3,838 1,073 5,171 4,911 Totsl resources expended 27,930 18,196 Net Income 4,379 6,966 Thls page does not fonn part of the statutory finandal statements Page 13
Yesterday• Today and Forever Church Notes to the Flnanclal Statements - contlnued for the Year Ended 31 Ortober 2024 10. RELATED PARTY DISCLOSURES The were no related party transactlons for the year ended 31 October 2024. Page 12
Yesterday• Today and Forever Church Notes to the Flnanclal Statements - contlnued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS- contlnued Comparatlve net movement In funds, Induded In the above are as follows: Incomlng reSoUrS Resources expended Movement In funds Unrestrlrted funds General fund 25,162 (18,196) 6,966 TOTAL FUNDS 25,162 (18,196) 6,966 A current year 12 months and prlor year 12 month5 comblned posltlon Is as follows: Net movement In fvnds At 1.11.22 At 31.10.24 Unrestrlrted funds General fvnd 152,909 11,345 164,254 TOTAL FUNDS 152.909 11,345 164,254 A current year 12 months and prlor year 12 months comblned net movement In funds, Includec In the above are as lollows: Incomlng resources Resources expended Movement In funds Unrestrlcted funds General fund 57,471 (46,126) 11,345 TOTAL FUNDS 57,471 (46,126) 11,345 Page 11 contlnued...
Yesterdayi Today and Forever Church Notes to the Flnanclal Statements - contlnued for the Year Ended 31 October 2024 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONe YEAR 2024 2023 Trade credltors Accrued expenses (i) (i) 840 (i) 839 MOVEMENT IN FUNDS Net movement In funds At 1.11.23 At 31.10.24 Unrestrlcted funds General fund IS9,875 4,379 164,254 TOTAL FUNDS 159,875 4,379 164,254 Net movement In funds, Included In the above are as follows: Incomlng resources Resources expended Movement In funds Unrestrlcted funds General fund 32,309 (27,930) 4,379 TOTAL FUNDS 32,309 (27,930) 4,379 Comparatlves for movement In funds Net movement In funds At 1.11.22 At 31.10.23 Unrestrlcted funds General fund 152,909 6,966 159,875 TOTAL FUNDS 152,909 6,966 159,875 Page 10 contlnued...
Yesterdayi Today and Forever Church Notes to the Flnanclal Statements - contlnued for the Year Ended 31 October 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVMES - contlnued Unrestricted fund NEf INCOME 6,966 RECONCILIATION OF FUNDS Total funds brought forward 152,909 TOTAL FUNDS CARRIED FORWARD 159,875 TANGIBLE FIXED ASSErs Freehold property Plant and machlnery Totsls cosr At l November 2023 Addltlons 95,939 17,469 395 113,408 395 At 31 October 2024 95,939 17,864 113,803 DEPRECIATION At l November 2023 Charge for year 42,213 3,838 12,530 1,333 54,743 5,171 At 31 October 2024 46,051 13,863 59,914 NET BOOK VALUE At 31 October 2024 49,888 4,001 53,889 At 31 October 2023 53,726 4,939 58,665 Page 9 contlnued...
Yestsrdayi Today and Forever Church Notes to the Flnanclal Ststements - contlnued for the Year Ended 31 October 2024 INVEsfMENT INCOME 2024 2023 Deposlt account Interest 2,744 1,044 NET INCOME/(EXPENDrnIRE) Net Income/(expendlture) Is ststed after charglngl(credltlng): 2024 2023 Depredatlon - owned assets 5,171 4,910 TRusfEES' REMUNERATION AND BENEFrrs The Trustees who were dIrtorS as deflned by the Companles Act 2006 recelved n( remuneratlon durlng the year to 31st October 2020 or In the prevlous year to 31st Octobei 2019. Trustees. expenses The trustees expenses Incurred In the Ilne of thelr dutles have been relmbursed by the charlty. STAFF cosrs The average monthly number of employees durlng the year was as follows: 2024 2023 Admlnlstratlon No employees recelved emoluments In excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrrIES Unrestrlrted fund INCOME AND ENDOWMENTS FROM Donatlons and legades 24,118 Investment Incoff Total 25,162 ExpeNDrnIRE ON Ralslng funds 13,285 Other 4,911 Total 18, 196 Page 8 contlnued...
Yesterday• Today and Forever Church Notes to the Flnanclal Statements for the Year Ended 31 October 2024 ACCOUNTING POLICIES Basls of preparlng the flnanclal statements The flnanclal ststements of the charltable company, whlch Is a publlc beneflt entlty under FL 102, have been prepared In accordance wlth the Charftles SORP (FRS 102) 'Accountlng an( Reportlng by Charltles: Statement of Recommended Practlce appllcable to charltles preparlnc thelr accounts In accordance wlth the Flnandal Reportlng Stsndard appllcable In the UK an( Republlc of Ireland (FRS 102) (effectlve l January 2019),, Flnandal Reportlng Standard 10- The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland, and th¢ Companles Act 2006. The financial statements have been ppared under the hlstorlcal cos conventlon. Income All Income Is cOgnISed In the Statement of Flnanclal Actlvltles once the charlty has entitlemenl to the funds, It is probable that the Income wlll be recelved and the amount can be measurec rellably. Expendlture Llabllltles are recognlsed as expendlture as soon as there Is a legal or constructlve obllgatlor commlttlng the charfty to that expendlture, It Is probable that a transfer of economlc benefl wlll be requlred In settlement and the amount of the obllgatlon can be measured rellably. Expendlture Is accounted for on an accruals basls and has been classlfled under headlngs tha. aggregate all cost related to the category. Where costs cannot be dlrectly attrlbuted to partlculai headlngs they have been allocated to actlvltles on a basls conslstent wlth the use of resources. Tanglble flxed assets Depreclatlon Is provlded at the followlng annual rates In order to wrlte off each asset over IL estlmated useful Ilfe. Freehold property depredated at 4% stralght Ilne. Freehold land Is not depreclatsd. Plant & equlpment depreclatsd at 25% reduclng balance. Taxatlon The charlty Is exempt from corporatlon tax on Its charltable actlvltles. Fund accountlng Unrestrlcted funds can be used In accordance wlth the charltable objectlves at the dlscretlon o the trustees. Restrlcted funds can only be used for partlcular restrlcted purposes wlthln the objects of th( charlty. Restrlctlons arfse when speclfied by the donor or when funds are ralsed for partlculai strlcted purposes. Further explanatlon of the nature and purpose of each fund Is Included In the notes to thi financlal statements. Page 7 contlnued...
Yesterdayi Today and Forever Church Balance Sheet - contlnued 31 October 2024 These flnandal ststements have been prepared In accordan wlth the provlslons appllcable t( charitable companles subjert to the small companles regime. The financlal ststements were approved by the Board of Trustees and authorlsed for Issue oi 18 February 2025 and were slgned on Its behalf by: D W Measures (Chalrman) - Trustee The notes form part of these flnanclal statements Page 6
Yesterday• Today and Forever Church Balance Sheet 31 Ortober 2024 2024 Unrestrlcted fund 2023 Totsl funds Notes FIXED ASSErs Tanglble assets 53,889 58,665 CURRENT ASSErs Cash at bank and In hand 110,364 102,049 CREDrroRS Amounts falllng due wlthln one year (839) NET CURRENT ASSETS 110,365 101,210 TOTAL ASSEfs LESS CURRENT LIABILrriES 164,254 159,875 NEf ASSErs 164,254 159,875 FUNDS Unrestrlcted funds 164,254 159,875 TOTAL FUNDS 164,254 159,875 The charltsble company Is entltled to exemptlon from audlt under Sectlon 477 of the Companles Ac 2006 for the year ended 31 October 2024. The members have not requlred the company to obtaln an audlt of Its financlal ststements for the yea ended 31 October 2024 In accordance wlth Sectlon 476 of the Companles Art 2006. The trustees acknowledge thelr responslbllltles for (a) ensurlng that the charltable company keeps accountlng records that comply wlth Sectlons 38t and 387 of the Companles Art 2006 and (b) preparlng financlal statements whlch glve a true and falr vlew of the state of affalrs of thi charltable company as at the end of each flnanclal year and of its surplus or deflclt for eacl flnandal year In accordance wlth the requlrements of Sectlons 394 and 395 and whlch otherwl comply wlth the requlrements of the Companles Act 2006 relatlng to financlal statements, so fa as appllcable to the tharltsble company. The notes form part of these flnanclal ststements Page 5 contlnued...
Yesterday• Today and Forever Church statement of Flnanclal Actlvltles for the Year ended 31 October 2024 2024 Unrestrfcted fvnd 2023 Totsl funds Notes INCOME AND ENDOWMENTS FROM Oonatlons and legacles 29,565 24,118 Investment Income 2,744 1,044 Total 32,309 25.162 EXPENDrruRE ON Ralslng fvnds 22,759 13,28S Other 5,171 4,911 Total 27,930 18,196 NEf INCOME 4,379 6,966 RecoNCILIATION OF FUNDS Total fvnds brought forward 159,875 152,909 TOTAL FUNDS CARRIED FORWARD 164,254 159,875 The notes form part of these flnanclal statements Page 4
Independent Examlnerfs Report to the Trustses of Yesterdayi Today and Forever Church Independent examlnerfs report to the trustees of Yestsrdayi Today and Forever Church ('thi Company.) I report to the tharfty trustees on my examlnatlon of the accounts of the Company for the year ende( 3 1 October 2024. Responslbllltles and basls of report As the chadty's trustees of the Company (and also Its dlrectors for the purposes of company law) yoi are responslble for the pparatIon of the accounts In accordance wlth the requlrements of th( Companles Act 2006 ('the 2006 Act.). Havlng satlsfled myself that the accounts of the Company are not requlred to be audlted under Part 1¢ of the 2006 Act and are ellglble for Independent examlnatlon, I report In respect of my examlnatlon o your charfty's accounts as carrted out under Sectlon 145 of the Charftles Act 2011 (the 2011 Act,). Ir carrylng out my examlnatlon I have followed the D1COn$ glven by the Charlty Commlsslon undei Sectlon 145(5) (b) of the 2011 Att. Independent examlner's statement I have completed my examlnatlon. I confirm that no matters have come to my attentlon In connectlor with the examlnatlon glvlng me cause to belleve: accountlng records were not kept In respert of the Company as requlred by Sectlon 386 of thi 2006 Act. or the accounts do Tt accord wlth those records; or the accounts do not comply wlth the accountlng requlrements of Sectlon 396 of the 2006 Ac other than any requlrement that the accounts glve a true and falr vlew whlch Is not a mattel consldered as part of an Independent examlnatlon; or the accounts have not been prepared In accordance wlth the methods and prlndples of thi ststement of Recommended Practlce for accountlng and reportlng by charltles (appllcable t( charltles prepartng thelr accounts In accordan wlth the Flnandal Reportlng Standar( appllcable In the UK and Republlc of Ireland (FRS 102)). I have no concerns and have come across no other matters In connertlon wlth the examlnatlon t( whlch attentlon should be drawn In thls report In order to enable a proper understandlng of thf accounts to be reached. (- LAL6& fCCA CfA . Elverstone Larye Ltd Elverstone Large Ltd Chartered Certlfled Accountants Temple Chambers 16a 8elvolr Road Coalvllle Lelcs LE67 3QE Date: lo-L-2S Page 3
Yesterdayi Today and Forever Church Report of the Trustees for the Year Ended 31 October 2024 REFERENCE AND ADMINisfRATIVE DEfAILS Independent Examlner Elverstone Large Ltd Elverstone Large Ltd Chartered Certlfled Accountants Temple Chambers 16a Belvolr Road Coalvllle Lelcs LE67 3QE Approved by order of the board of trustees on 18 February 2025 and slgned on Its behalf by: D W Measures (Chalrman) - Trustee Page 2
Yesterdayi Today and Forever Church Report of the Trustees for the Year Ended 31 October 2024 The trustees who are also dlrertors of the charlty for the purposes of the Companles Act 2006, presen. thelr report wlth the flnandal ststements of the charlty for the year ended 31 October 2024. Th( trustees have adopted the provlslons of Accountlng and Reportlng by Charltles: Statement o Recommended Practlce appllcable to charitAes preparlng thelr accounts In accordance wlth the Flnancla Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effertlve l January 2019). OBJECTIVES AND ACTivrrIES Objectlves, alms & Income generatlon. The princlpal objertlves of the company to advance the Chrlstlan falth In Le1Cestershl, the UK f worldwlde. The company also engages In charitsble work to relleve persons sufferlng hardshlp and/oi are aged or slck.In order to achleve these objectlves the charlty provldes the followlng; l. Donatlons to other charltles & support organlsatlons. 2. Emotlonal rellef through prayer & rellglous servlces. 3. Other soclal gatherlngs of a rellglous nature. The charfty generated Income through congregatlon donatlons and a small amount through the sale o books. STRucfuRE, GOVERNANCE AND MANAGEMENT Govemlng document The charlty Is controlled by Its govemlng document, a deed of trust, and constltutes a Ilmltec company• Ilmlted by guarantee, as deflned by the Companles Act 2006. REFERENCE AND ADMINIsfRATIVE DEfAILS Reglstered Company number 05263337 (England and Wales) Reglstered Charlty number 1106854 Reglstered offlce Gutterldge Street Coalvllle Lelcs LE67 3BG Trustees D W Measures (Chalmian) J Reld A Tolley J Tolley (reslgned 2.2.2025) Woodward Company Secretary D W Measures (Chalrman) Page I
Yesterdayi Today and Forever Church Contents of the Flnanclal Statements for the Year ended 31 October 2024 Page Report of the Trustees Independent Examlner's Report statement of Flnanclal Actlvltles Balance Sheet Notes to the Flnanclal Statements 7 to 12 Detalled ltstement of Flnanclal Actlvltles 13
REGERED COMPANY NUMBER: 05263337 (England and Wales) REGISTERED CHARITY NUMBER: 1106854 Report of the Trustees and Unaudlted Flnandal Statements for the Year Ended 31 October 2024 Yesterdayi Today and Forever Church Elverstone Large Ltd Chartered Certlfied Accountsnts Temple Chambers 16a Belvolr Road Coalvllle Lelcs LE67 3QE