OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Kings Church Tandridge

Report and Accounts Year ended 31st March 2025

KINGS CHURCH TANDRIDGE

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

Trustees/Directors K Rose S Quincey M Soden M Blose (Appointed 7th November 2024) Company Secretary M Soden Governing Document Memorandum and Articles of Association dated 29th March 2006 as amended 27th March 2023. Company Registration Number 5761011 Charity Registration Number 1115130 Registered Office Kings Church Centre 33 Amy Road Oxted Surrey, RH8 0PW Independent Examiner Nick Spear ACCA Stewardship 1 Lamb's Passage, London EC1Y 8AB Bankers Barclays Bank PLC CONTENTS Page Company Information 1 Trustees' Annual Report 2-4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Accounts 8-12

Page 1

KINGS CHURCH TANDRIDGE REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025

The Trustees, who are the charity's Directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity seeks to demonstrate the Christian faith in action by being a church in the Tandridge area.

Governance

Primary policy establishment and operating decisions of the charity rest with the Directors/Trustees who meet regularly to monitor the activities of the Company. In addition, the Directors/Trustees have appointed a management team to run the day to day activities. New Directors/Trustees are recruited by the existing Directors/Trustees and approved by the Elders of the church. Directors/Trustees are also permitted to fill casual vacancies between annual meetings if appropriate.

The Memorandum & Articles of the company dated 29th March 2006 were updated on 27th March 2023.

Review of Activities

The Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. King's Church, its trustees, elders and members, are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that carries the excitement of knowing Jesus Christ. The vision is to make Jesus Christ known to the people of Tandridge, and come to experience Him for themselves before deciding to make him their Lord, Saviour and friend.

To achieve these objectives the following activities were undertaken in four key areas:-

Building the Church

During the past year the church has continued to gather and worship. We continued to teach from the Bible, pray, and fellowship with one another, with an emphasis on increasing our loving, authentic and family cultures, which are fundamental to church life together. When meeting on Sundays optional facilities for 0-4 year olds, and an optional monthly group for 5-11s, are available during our teaching times. Progress towards refining the Sunday morning gathering will continue.

In the last year new church members have been added having undertaken an initial “Next Steps” course. Our mid-week groups continued to provide a smaller setting for worship, prayer and Bible teaching. They also aim to provide new leaders.

Our “Integration Leader” has been a wonderful asset, tasked with introducing new believers and Christians from other churches into our church life. The elders and staff teams have remained stable throughout the year and have worked diligently to draw together and pursue the aims of the church. A midweek group for children aged 5-11 has continued this year with the aim of encouraging, teaching and training young people to understand and worship Jesus. Additional aims of the group include developing friendships, integrating into the wider church and having a lot of fun along the way. Having been successfully trialled, it was decided that this group will continue with the additional aim of recruiting more team members.

Our 11-18s group named Impact will continue to focus on worship, Bible teaching and prayer, but will remain accessible to those who have no Christian background who may like to attend.

Weekly, monthly and termly prayer meetings were held to pray for the activities of the church and things going on in our local community, the nation and the world. Occasional meetings were held to support our broader church family. Plans continue to develop for more frequent and more fervent prayer events.

During the past year the church has enjoyed good times of corporate fellowship outside of Sunday mornings including socials, lunches and a weekend away together in a local Christian retreat centre named Otford Manor. A large proportion of the church attended and it was an excellent time together; full of worship, teaching, bonding and fellowship. In addition, both men’s and women’s ministries have continued throughout the last year with monthly meetings and occasional gatherings to eat together. The members of the church have consistently been applying the principles of church life outlined in the New Testament to be ‘salt and light’ in the community. This is a major part of the purpose of the church and much of it is done without publicity. The enormous amount of time spent in this way cannot be quantified.

2

Sharing the Gospel

During the year Alpha and Just Looking courses were completed. These courses are intended to introduce both adults and young people to the Christian faith. Thirteen guests attended the courses and many have continued their journey towards faith in Jesus Christ. This year we have baptised in water four new believers.

At Christmas the carol service guests were encouraged to follow Jesus Christ for the first time. The event was well attended and enjoyed by all. The fruit of this event will be evident in due course. As part of our continued aim to share the Gospel of Jesus Christ the church undertook a course together to provoke an increase in effective witnessing of God’s goodness, grace, and glory.

Serving the Community

During the year the Church continued to act in response to the needs of the poor in our community. The church increased its activity as a distribution point of a Foodbank in nearby Caterham, supporting those in the Oxted locality. This involved a dedicated team of volunteers welcoming, listening to and offering food supplied by the Foodbank to individuals and families in need.

We continued to act as a Community Money Advice (CMA) Connect Centre where a small team of trained volunteers aim to help people manage their finances and get debt free. Due to the closure of other local provisions demand has increased and our aim is to train more Money Mentors in response. The church has continued a new intitiative whereby those facing isolation can come together to enjoy a hot meal at the Kings Church centre. Meals and guests are provided through local partners, the Cook Shop and Voluntary Action Surrey East.

At Christmas a number of hampers containing food and gifts were given by the church to various families within the community in liaison with the Family Support team from Tandridge District Council and the Tandridge Family Centre in Hurst Green.

Reaching the Nations

Throughout the year we have participated in, and supported, the sphere of churches known as New Ground which is part of the Newfrontiers family of churches. New Ground is committed to developing ministry of likeminded churches in the UK and overseas, seeking to further demonstrate the Christian faith in action by training leaders, supporting new churches and encouraging Christian fellowship and discipleship.

One of our aims is to support other churches working elsewhere both in the United Kingdom and overseas. This support has primarily been through building personal relationship with a few overseas churches in Mexico and Zimbabwe who are part of Newfrontiers, and with several churches who are linked to our New Ground sphere, to provide both practical and financial assistance.

No specific objectives were set in this regard but £9,693 (2024 - £6,780) has been contributed directly to these ends. There has also been indirect support to the Newfrontiers family of churches through granting £15,393 (2024 - £16,200) for their work in church planting and the relief of poverty which extends across all continents.

In planning the activities the Directors/Trustees have given consideration to the guidance on public benefit issued by the Charity Commission.

The Future

The vision of the church is to continue growing as a loving authentic family that will help each member to worship God and introduce non-members to Jesus Christ. We want to see all our members grow in maturity, share the gospel and transform their communities through faith in Jesus Christ by the grace of God.

Financial Review

Total Income increased 19.3% to £218.3k, but excluding a £10.0k bequest and £18.3k from a specific offering earmaked for a building acquisition, the like for like increase was 3.9%. Costs of activity decreased 2.2% to £196.7k, primarily due to training for an intern plus some future leaders coming to an end, and no longer fully subsidising the church weekend away.The net result was a surplus of £21.6k (2024 - deficit of £18.3k). This would have been a surplus of £3.3k excluding the restricted income for the building, a result which was slightly better than the budgeted break even. The free cash reserve at the year end date was £34,392 (2024 - £28,166). In addition a Building Fund of £14,708 was held on deposit. Although subsequent to year end our offer for a specific building was not accepted, the funds are being retained for a future opportunity.

The budget for financial year 2025/26 has once again been prepared on a break even basis, capping overall expenditure to match anticipated levels of regular giving. The Directors/Trustees monitor the financial position on a monthly basis and consider it satisfactory, with cash reserves now comfortably in excess of the policy, and expected to remain so throughout the new financial year and beyond.

3

Reserves Policy

The Board of Directors/Trustees have a long established policy whereby free reserves held by the charity should be maintained at no less than approximately £20,000. Should income not achieve budgeted levels the Directors/Trustees are confident that the members of the church will provide funding as required. Standing orders account for the vast majority of regular monthly income and Special Offerings have always been well supported.

Risk Statement

The Directors/Trustees have reviewed the risks to which a small charity operating with few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.

Responsibilities of Trustees under Company Law

The Directors/Trustees are responsible for preparing the Annual Report and Financial Statements in accordance with applicable law and UK Accounting Standards (United Kingdom Generally Accepted Accounting Practise).

Company Law requires the Directors/Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements the Directors/Trustees are required to:

  1. Select suitable accounting policies and apply them consistently;

  2. Observe the methods and principles in the CharitIes SOPR;

  3. Make judgements and estimates that are reasonable and prudent;

  4. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts.

  5. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Directors/Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial staements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2002 relating to small companies, was approved by the Directors/Trustees and signed on their behalf by:

Kevin Rose

Kevin Rose (Dec 2, 2025 12:32:22 GMT) Kevin Rose

Date: Dec 2, 2025

4

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

KINGS CHURCH TANDRIDGE ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025 on pages 6 to 12 following, which have been prepared on the basis of the accounting policies set out on pages 8 to 9.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nick Spear

Nick Spear (Dec 2, 2025 14:16:27 GMT)

Nick Spear ACCA Stewardship 1 Lamb's Passage, London EC1Y 8AB

Date: Dec 2, 2025

Page 5

KINGS CHURCH TANDRIDGE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities
4
Total expenditure
Net income/(expenditure)
Transfers between funds
11
Other recognised gains/(losses):
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
11
Unrestricted
Funds
£
196,371
3,370
224
199,964
196,708
196,708
3,256
3,256
3,256
33,291
36,548
Restricted
Funds
£
18,294
18,294
-
18,294
18,294
18,294
18,294
Total
Funds
2025
£
214,664
3,370
224
218,258
196,708
196,708
21,550
-
21,550
21,550
33,291
54,841
Total
Funds
2024
£
180,280
2,353
262
182,895
201,157
201,157
(18,262)
-
(18,262)
(18,262)
51,554
33,291

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 8-12 form part of these accounts.

Page 6

KINGS CHURCH TANDRIDGE

BALANCE SHEET

AS AT 31 MARCH 2025

Note
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Debtors
7
Cash at bank and in hand
8
CREDITORS: Amounts falling
due within one year
9
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
11
General funds
Restricted Funds
Unrestricted
Funds
£
-
-
5,652
34,392
40,044
(3,497)
36,548
36,548
36,548
36,548
-
36,548
Restricted
Funds
£
-
-
3,586
14,708
18,294
18,294
18,294
-
18,294
18,294
Total
Funds
2025
£
-
-
9,238
49,100
58,338
(3,497)
54,841
54,841
36,548
36,548
18,294
54,841
Total
Funds
2024
£
-
-
7,224
28,166
35,390
(2,098)
33,291
33,291
33,291
33,291
-
33,291

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. However, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Kevin Rose

--------------------------------------Kevin Rose (Dec 2, 2025 12:32:22 GMT) Kevin Rose

Date: Dec 2, 2025

Company number: 5761011 Charity number: 1115130

The notes on page 8-12 form part of these accounts.

Page 7

KINGS CHURCH TANDRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

ii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.

Investment income is bank interest received.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities, but are identified separately in the notes to the accounts, are costs associated with the independent examination of the financial statements.

Page 8

KINGS CHURCH TANDRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £2,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

3
Donations and legacies
General Donations
Income tax recoverable
Grants
4
Charitable expenditure
a
Costs incurred directly on specific activities
Staff costs
Outreach activity
Conference & Training
Youth activity
Sundry Church activity
Grants payable (note 4c)
b
Costs incurred on support & administration
Property costs
Equipment & IT
Telephone
Governance costs
Other support costs
Total expenditure
2025
£
181,702
32,512
450
214,664
2025
£
89,453
4,019
9,879
538
4,025
107,915
25,086
133,001
51,513
2,764
1,293
1,596
6,542
63,707
196,708
2024
£
149,195
30,484
600
180,280
2024
£
87,615
2,791
16,180
979
4,519
112,085
22,980
135,065
53,357
3,658
1,414
1,524
6,139
66,092
201,157

The fee payable to the independent examiner for examining the accounts was £1,596 (2024: £1,524); in addition the charity paid £822 (2024: £888) to Stewardship for payroll bureau services.

Page 9

KINGS CHURCH TANDRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

c
Grants payable
Institutions
Individuals
£
£
Grants for mission & church planting
11,723
Grants for relief of poverty
13,363
Grants for education
-
25,086
-
The charity's principal grants to institutions comprised:
New Ground Churches
River of Life Church, Zimbabwe
Pioneer Mission, Mexico
Hope for Tomorrow
Grants to institutions for £1,000 or less each
5
Gross wages and salaries
Social security
Pension costs
Total staff costs
Analysis of staff costs, the cost of key management personnel and trustee remuneration
2025
£
11,723
13,363
-
25,086
2025
£
15,393
5,823
1,750
1,100
1,020
25,086
2025
£
79,945
1,514
7,994
89,453
2024
£
11,925
11,055
-
22,980
2024
£
16,200
5,450
-
-
1,330
22,980
2024
£
78,501
1,419
7,695
87,615

The average monthly number of employees during the year was 4 (2024: 4). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

In the year, Simon Quincey, a Trustee of the charity was paid £41,860 and pension contributions of £4,186 for his role as a church leader. There payments were not in connection with his role as a Trustee and are permitted by the governing document of the charity. N t t i d l t b fit i ith th t di 6 Tangible fixed assets Leasehold Leasehold

6
Tangible fixed assets
Cost
At 1st April
Additions
Disposals
At 31st March
Accumulated depreciation
At 1st April
Charge for the year
Eliminated on disposal
At 31st March
Net book value
At 31st March 2025
At 31st March 2024
7
Debtors
Tax recoverable
Prepayments and accrued income
8
Cash at Bank and in Hand
Bank operating accounts
Bank deposit accounts
Petty cash
Leasehold
Property
2025
£
51,614
-
-
51,614
51,614
51,614
-
-
2025
£
6,338
2,900
9,238
2025
£
18,559
30,535
6
49,100
Leasehold
Property
2024
£
51,614
-
-
51,614
51,614
-
-
51,614
-
-
2024
£
4,171
3,053
7,224
2024
£
12,786
15,315
65
28,166

Page 10

KINGS CHURCH TANDRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

9 Creditors: liabilities falling due within one year

Accruals

2025
£
3,497
3,497
2024
£
2,098
2,098

There is also a commitment to rent payable on the church offices at the Kings Centre, 33 Amy Rd of £24,000 per annum until June 2026.

10 Pension commitments

During the year employer’s pension contributions totalling £7,994 (2024: £7,695) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2024: £nil).

11 Funds

The assets and liabilities represented by the various funds are as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Building Fund
Aggregate of funds
Opening
balance
2025
£
33,291
33,291
-
-
33,291
Incoming
resources
2025
£
199,964
199,964
18,294
18,294
218,258
Outgoing
resources
2025
£
(196,708)
(196,708)
-
-
(196,708)
Transfers
in the year
2025
£
-
-

-
-
-
Gains and
losses
2025
£
-
-
-
-

-
Closing
balance
2025
£
36,548
36,548
18,294
18,294
54,841

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Debtors
Cash at bank and in hand
Creditors falling due within one year
Unrestricted
Funds
General
funds
£
5,652
34,392
(3,497)
36,548
Restricted
funds
£
3,586
14,708
-
18,294
2025
£
9,238
49,100
(3,497)
54,841

Page 11

KINGS CHURCH TANDRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Aggregate of funds
Opening
balance
2024
£
51,554
51,554
-
-
51,554
Incoming
resources
2024
£
182,895
182,895
-
-
182,895
Outgoing
resources
2024
£
(201,157)
(201,157)
-
-
(201,157)
Transfers
in the year
2024
£
-
-
-
-
-
Gains and
losses
2024
£
-
-
-
-
-
Closing
balance
2024
£
33,291
33,291
-
-
33,291

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

sis of net assets by fund
previous year, the assets and liabilities of the various funds were as follows:
Debtors
Cash at bank and in hand
Creditors falling due within one year
Unrestricted
Funds
General
funds
£
7,224
28,166
(2,098)
33,291
Restricted
funds
£
-
-
-

-
2024
£
7,224
28,166
(2,098)
33,291

Restricted Funds

Building Fund - is money raised towards the future purchase of a church building.

12 Transactions with related parties

During the year the charity received donations totalling £43,460 (2024: £37,050) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).

13 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

Page 12